Data on executive turnover timing and type for US top managers

Abstract

This data article describes a dataset of US CEO turnover types created with manual data collection through searches of news stories related to CEO turnover. The data identify the fiscal year of turnover and its type for top managers in publicly-traded US firms. Researchers in economics, finance and accounting explore the role of CEO turnover in various settings, however data on the timing and type of CEO departures are not always reliably available. We identify turnover cases based on changes in the CEO of the firm as recorded in secondary data sources of Compustat and Execucomp, and then we classify turnover types based on the examination of full-text news. By including data on company and executive identifiers, this dataset may be merged with existing finance and accounting databases and used in future research on a variety of topics. The data includes 3,100 US publicly-traded firms and may be used in both cross-sectional and longitudinal analyses.

Keywords

• Executive turnover
• Management succession
• CEO
• Corporate finance
• Labor economics
• Business analytics