Work

Examining CEO succession and the role of heuristics in early‐stage CEO evaluation

Year: 2012

Type: article

Abstract: This study develops and tests predictions regarding factors that influence early‐stage CEO evaluation. We suggest that contextual elements of the CEO succession process will influence the heuristics that directors employ to aid in their early evaluation of a CEO because traditional performance metrics, such as firm performance, are less diagnostic of CEO quality in the first years of their tenure. Broad empirical support for our theoretical arguments is shown in a sample of Fortune 1000 firms. Copyright © 2012 John Wiley & Sons, Ltd.

Source: Strategic Management Journal

DOI: 10.1002/smj.2019

Authors: Scott D. Graffin, Steven Boivie, Mason A. Carpenter

Institutions: University of Georgia, University of Arizona, Texas A&M University, University of Wisconsin–Madison

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1893596256

FWCI: 30.95

Cites: 85

Cited by: 163

Related to: 10