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Full-Text Articles in Business

Monitoring By The Financial Press And Forced Ceo Turnover, Kathleen A. Farrell, David A. Whidbee Dec 2002

Monitoring By The Financial Press And Forced Ceo Turnover, Kathleen A. Farrell, David A. Whidbee

Department of Finance: Faculty Publications

This paper examines Wall Street Journal news stories about 79 firms that forced CEO turnover and a matched sample of firms that did not force CEO turnover. In the two years prior to turnover, firms in the forced-turnover sample were the subjects of 76% more news stories about poor firm performance despite being from the same industry, of similar size, and similar performance as a sample of matched firms. Overall, the evidence suggests that scrutiny of poor firm performance by the financial press increases the likelihood of forced CEO turnover.


Determinants Of Corporate Governance Disclosures By Australian Listed Companies Subsequent To The Introduction Of Asx Listing Rule 4.10.3, Lisa M. Cullen Jan 2002

Determinants Of Corporate Governance Disclosures By Australian Listed Companies Subsequent To The Introduction Of Asx Listing Rule 4.10.3, Lisa M. Cullen

Theses: Doctorates and Masters

This study has considered the incentives motivating listed mining and industrial companies to provide governance related disclosures in their annual reports. An examination is made of the impact of listing rule 4.10.3 that was applicable from 30 June 1996. Accordingly the years 1995, 1996 and 1997 are examined. A sample of 100 mining companies and 100 industrial companies was drawn primarily from the Connect 4 database of companies. Adopting political cost theory the study hypothesised that governance disclosures were positively related to the proportion of non-executive directors, gearing, ownership diffusion, Big 6 external auditor and firm size.


A Comparison Of Perceived Social Responsibility Standards With Perceived Social Responsibility Performance In The Australian Banking Industry : A Stakeholder Analysis, William J. Phillips Jan 2002

A Comparison Of Perceived Social Responsibility Standards With Perceived Social Responsibility Performance In The Australian Banking Industry : A Stakeholder Analysis, William J. Phillips

Theses: Doctorates and Masters

The purpose of this study is to investigate extent to which Australian banking corporations embrace social responsibility. It endeavours to establish the meaning of social responsibility generally and corporate social responsibility (CSR) in particular. In view of the multiple definitions of the concept of ‘social responsibility’ offered by various authors Such.1 Boatright (1993), Freeman (1994), Walters (1977), and Wheeler (1998), the views of power dependent Australian bank stakeholders were solicited to form an operational definition for the study. This created a collective conception of social responsibility as it is applied to Australian banks, allowing corporate social responsibility standards to be …