• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Ekaterina Shevchenko
Investigation of Factors Affecting the CEO Turnover in Banks
2018
The successful activities of any commercial organization, in particular the bank, are based on a

clear corporate financial architecture: an effective financial strategy and corporate governance

system (relationship management, board of directors and shareholders). CEO is the main representative of the bank and a reflection of its success or failure in the market. In this regard

there is a question: what influences CEO turnover? Is it related only to the bank’s financial

performance or it includes the system of corporate governance developed in the credit institution? In few studies on this topic, one of the main instruments of corporate governance and its effectiveness is just the possibility of changing the CEO because of weak results of the organization. If an inefficient manager is removed from the management of the bank, then corporate governance may claim to be effective. In this paper, the study of these issues was carried out on the sample of 336 Russian banks in the period of active revocation of licenses (2014–2016) and cleaning the banking sector from unscrupulous participants. It was shown that the high operational efficiency of the bank and the high share of the CEO in the equity capital reduce the probability of CEO turnover.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses