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Impact of Corporate Governance and Performance on Managerial Turnover

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Organization and Development of Russian Business

Abstract

Establishing an effective governance system to discipline top management to produce maximized shareholder wealth is very important because the diffuse ownership structure in public companies means that shareholders must delegate the daily management of a business to professional managers, who are not always willing to make extra efforts to satisfy their principals.

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Author information

Authors and Affiliations

  1. Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

    Naohito Abe (Associate Professor)

  2. Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

    Ichiro Iwasaki

Authors
  1. Naohito Abe
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  2. Ichiro Iwasaki
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Editor information

Editors and Affiliations

  1. Institute for Industrial and Market Studies and Faculty of Economics, State University — Higher School of Economics, Moscow, Russia

    Tatiana Dolgopyatova (Chief Researcher, Professor) (Chief Researcher, Professor)

  2. Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

    Ichiro Iwasaki (Professor) (Professor)

  3. Institute for Industrial and Market Studies, State University — Higher School of Economics, Moscow, Russia

    Andrei A. Yakovlev (Director, Vice-Rector) (Director, Vice-Rector)

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© 2009 Naohito Abe and Ichiro Iwasaki

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Cite this chapter

Abe, N., Iwasaki, I. (2009). Impact of Corporate Governance and Performance on Managerial Turnover. In: Dolgopyatova, T., Iwasaki, I., Yakovlev, A.A. (eds) Organization and Development of Russian Business. Palgrave Macmillan, London. https://doi.org/10.1057/9780230249493_6

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