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大型上市公司的CEO更替不可避免,并且经常面临困难重重。根据思略特(普华永道网络中的一员)发布的《2014年度CEO、治理与成功》调查显示,从股东价值来讲,CEO更替至关重要。最近三年的数据显示,CEO更替会造成次年的股东总回报中值下降到-3.5%(股东回报是根据每家公司使用的指数而定的)。实际上,由于非计划更替或者并购而造成的CE0被追更替对公司而言损失很大。年度报告估计,近年来被迫更替CEO的公司每年损失1120亿美元,即每家公司损失18亿美元,要比计划更替损失大很多。报告表明,各大公司的CEO更替越来越顺畅。计划内更替率从2000~2002年间的63%上升到了2012~2014年澡的82%。
CEO turnover of large public companies is inevitable, and often face difficulties. According to the 2014 CEO, Governance and Success survey released by STRETT, a member of PricewaterhouseCoopers Network, CEO turnover is crucial in terms of shareholder value. Data from the last three years shows that CEO turnover will reduce the median total shareholder returns for the following year to -3.5% (shareholder returns are based on indices used by each company). In fact, due to non-planned replacement or mergers and acquisitions CE0 chase replacement for the company suffered a great loss. The annual report estimates that companies forced to replace their CEOs in recent years have lost $ 112 billion annually, or $ 1.8 billion per company, much more than planned replacement losses. The report shows that CEO turnover of major companies is getting smoother. The planned replacement rate increased from 63% in 2000 ~ 2002 to 82% in 2012 ~ 2014.