ABSTRACT A growing literature provides evidence that peer considerations play a central role in shaping firm’s behavior. This paper documents the frequency of forced CEO turnovers by product market firms is negatively associated with real earnings management. I find disciplinary turnover explains observed relation. These effects are stronger when suspected to engage management meet or just beat...

RESUMO Este artigo teve por objetivo investigar se a diversidade de gênero no conselho afeta eficácia do monitoramento, sentido reduzir remuneração total e variável dos executivos, prática gerenciamento resultados sensibilidade turnover CEO ao desempenho das empresas brasileiras. Foram analisadas 199 listadas na B3 entre 2011 2018. Os indicam que tem efeito negativo sobre executivos o resultado...

This paper investigates the differential impact of positive and negative excessive managerial entrenchment on CEO turnover-performance sensitivity, compensation, firm performance. We measure degree using E-index introduced by Bebchuk et al. (2009). Our findings suggest that an increase in excess reduces likelihood turnover due to poor also show a association between compensation as managers gai...