Do CEOs really stay in the job for too long?
Research shows that the value that CEOs create for shareholders starts to decline after 14 years in the job, but letting them go early may not always be the best decision. ...
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Markus Schmid is Professor of Corporate Finance at the University of St. Gallen and Member of the Board of the Swiss Institute of Banking and Finance s/bf-HSG and of the School of Finance. His research focuses mainly on empirical corporate finance, corporate governance, and household finance. Since 2012, he has been managing editor of the Financial Markets and Portfolio Management Journal.
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