Lucian A. Taylor is from The Wharton School, University of Pennsylvania. I thank my dissertation committee at the University of Chicago Booth School of Business—Steven Kaplan, Gregor Matvos, Ľuboš Pástor (chair), Morten Sorensen, and Pietro Veronesi—as well as the anonymous referees, the editors, Mike Burkart, John Campbell, Doug Diamond, Alex Edmans, Xavier Gabaix, Raife Giovinazzo, Lukasz Pomorski, Joshua Rauh, Michael Roberts, Amit Seru, Toni Whited, Motohiro Yogo, and seminar participants at the 2009 EFA meetings, 2009 Winter Econometric Society meeting, 2008 CEPR European Summer Symposium in Financial Markets, Arizona State University, Harvard University, London Business School, New York University, University of California at Berkeley, University of Chicago, University of Illinois Urbana-Champaign, University of Michigan, University of Pennsylvania, University of Rochester, University of Texas at Austin, and University of Wisconsin at Madison for helpful comments. I am very grateful to Robert Parrino for providing data.
Why Are CEOs Rarely Fired? Evidence from Structural Estimation
Version of Record online: 9 NOV 2010
© 2010 the American Finance Association
The Journal of Finance
Volume 65, Issue 6, pages 2051–2087, December 2010
How to Cite
TAYLOR, L. A. (2010), Why Are CEOs Rarely Fired? Evidence from Structural Estimation. The Journal of Finance, 65: 2051–2087. doi: 10.1111/j.1540-6261.2010.01610.x
- Issue online: 9 NOV 2010
- Version of Record online: 9 NOV 2010
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