Document Type

Report

Key Takeaways

• CEO hiring decisions can be viewed as decisions about risk based on familiarity with candidates and their abilities.

• Hiring CEOs from outside the firm produces more extreme performance – both high and low – reflecting their risky nature

Publication Date

2019

Source

Quigley, T. J., Hambrick, D. C., Misangyi, V. F., & Rizzi, G. A. (in press). CEO selection as risk-taking: A new vantage on the debate about the consequences of insiders versus outsiders. Strategic Management Journal. DOI: 10.1002/smj.3033.

Disciplines

Business

Copyright

© 2019, University of South Carolina

Included in

Business Commons

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