Document Type

Report

Key Takeaways

Length of time that the firm was private prior to an IPO will decrease the likelihood that the CEO will voluntarily resign. • Those who were CEOs during the firm’s founding are less likely to voluntarily resign than those who became CEO later. • However, if the CEO had entrepreneurial experience prior to the current firm, the CEO is more likely to voluntarily resign.

Publication Date

2019

Source

Lee, J. M., Yoon, D., & Boivie, S., (2018). Founder CEO Succession: The role of CEO organizational identification. Academy of Management Journal, In Press.

Disciplines

Business

Copyright

© 2019, University of South Carolina

Included in

Business Commons

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