monitoring by the financial press and forced ceo turnover.pdf

University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Finance Department Faculty Publications Finance Department 12-1-2002 Monitoring by the Financial Press and Forced CEO Turnover Kathleen A. Farrell University of N ebraska-Lincoln, kfarrell2@ David A. Whidbee Washing ton State University, whi bee@ Follow this and a itional works at : http:// /financefacpub Part of the Finance and Financial Management Commons Farrell, Kathleen A. and Whi bee, David A., Monitoring by the Financial Press and Forced CEO Turnover (2002). Finance Department Faculty P ublications. Paper 20. http:// /financefacpub/20 This Article is brought to you for free and open access by the Finance Department at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Finance Department Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Published in Journal of Banking Finance 26:12 (2002), pp. 2249–2276; doi: 10.1016/S0378- 4266(01)00183-2 Copyright © 2002 Elsevier Science B.V. Used by permission. Submitted February 4, 2000; accepted March 19, 2001; published online November 13, 2002. Monitoring by the Financial Press and Forced CEO Turnover Kathleen A. Farrell Department of Finance, College of Business, University of Nebraska–Lincoln, Lincoln, NE, USA David A. Whidbee Department of Finance, Insurance, and Real Estate, College of Business and Economics, Washington State University, Pullman, WA 99164-4746, USA Corresponding author — D. A. Whidbee, tel 509 335-3098, fax 509 335-3857, e-mail whidbee@ Abst