| dc.description.abstract | This thesis is a research on the impact of CEO change on stock prices in Norwegian
companies listed on OSE. Using an event-study with a sample size of 110
observations, we analyze the abnormal returns and find that the CEO change does
impact the stock returns. However, the impact differs depending on various
variables. In this research paper, we have chosen to focus on 5 CEO attributes we
believe would have the most impact, the gender, age, education level, appointing
an interim CEO and appointing an insider. We find strong, negative and long-term
relation between firm performance and appointing an interim CEO or an insider.
For the remaining variables we found weak but positive short-term effect on the
firm performance.
Section 1: Introduction | nb_NO |
