Executive succession: Organizational antecedents of ceo characteristics
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TL;DR
Analysis of succession events in Business Week 1000 firms suggests that antecedent conditions of lower firm profits and firm growth are associated with the selection of outsider CEOs and R&D intensity is associated withThe selection of CEOs having technical functional backgrounds and higher levels of education.
Abstract
Abstract Based on 195 succession events in Business Week 1000 firms, this study examines the organizational antecedents of CEO demographic characteristics. Study findings suggest that antecedent conditions of lower firm profits and firm growth are associated with the selection of outsider CEOs. Additionally, R&D intensity is associated with the selection of CEOs having technical functional backgrounds and higher levels of education.
