The “Separation Anxiety: The Impact of CEO Divorce on Shareholders” survey, conducted by Stanford University professor David F. Larcker, a nationally recognized corporate governance expert, argues that CEO divorce can impact the corporation and its shareholders in at least three potential ways:
The first point of impact relates to the decline in influence of the CEO when forced by the divorce settlement to relinquish a substantial portion of his/her ownership position in the company. With no, or a reduced,...
