Keywords
corporate governance, executive turnover, growth enterprise, pharmaceutical industry, QCA
Abstract
The purpose of the paper is to study the change of executives of 70 pharmaceutical companies listed on gem as an empirical research object,to explore the antecedents of the change of executives from the perspective of internal governance,and to analyze the interaction of board leadership structure,board size,board supervision, board composition,equity concentration and equity incentive.By using fuzzy set qualitative comparative analysis method,four types of corporate governance were identified,namely,weak supervision,unbalance coordination, high centralization and equity dominance.There are four forms of corporate governance that are easy to produce Executive change.It is suggested that the establishment of reasonable incentive mechanism can effectively prevent the abnormal change of executives.
DOI
10.16315/j.stm.2021.04.012
Recommended Citation
GUO, Ao and YU, Ting
(2021)
"Analysis of the causes of executive change in GEM listed companies from perspective of intemal governance,"
Journal of Science and Technology Management: Vol. 23:
Iss.
4, Article 12.
DOI: 10.16315/j.stm.2021.04.012
Available at:
https://jstm.researchcommons.org/journal/vol23/iss4/12
