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The staggered tenure of CEO and board secretary and information disclosure quality

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  • Song, Yuchen
  • Zhu, Mingqi

Abstract

This paper explores whether the staggered tenure of CFOs and directors' secretaries impacts the quality of corporate disclosure. A sample of A-share listed companies from 2007 to 2022 is selected as the data sample. The study shows that staggered tenure of CFOs and board secretaries can significantly improve the quality of information disclosure; the effect of staggered tenure of the two on the governance of non-state-owned enterprises is more obvious; the effect of staggered tenure of the two on the quality of information disclosure is more evident in firms in which the board secretaries are shareholders.

Suggested Citation

  • Song, Yuchen & Zhu, Mingqi, 2023. "The staggered tenure of CEO and board secretary and information disclosure quality," Finance Research Letters, Elsevier, vol. 58(PD).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pd:s154461232301053x
    DOI: 10.1016/j.frl.2023.104681
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    References listed on IDEAS

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    Cited by:

    1. Yang, Jie & Niu, Yanfang & Shi, Wenlei & Zhu, Kanghuan, 2025. "Predicting ESG disclosure quality through board secretaries' characteristics: A machine learning approach," Research in International Business and Finance, Elsevier, vol. 76(C).
    2. Bai, Chengyu & Liu, Dan & Liu, Yong, 2024. "Executive team restructuring and corporate ESG disclosure quality," Finance Research Letters, Elsevier, vol. 66(C).

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