Document Type

Report

Key Takeaways

• Firm outcomes depend not only on whether executives leave, but on who leaves, individually and collectively. • The departure of executives with internally-focused roles is more harmful to firms because their jobs depend on firm-specific knowledge and experience. • Losing executives from different functions at the same time is more detrimental than losing several from the same function.

Publication Date

2015

Source

Bermiss, Y. S., & Murmann, J. P. (2015). Who matters more? The impact of functional background and top executive mobility on firm survival. Strategic Management Journal, In Press.

Disciplines

Business

Copyright

© 2015, University of South Carolina

Included in

Business Commons

Share

COinS