CEO Succession 2003: The Perils of “Good” Governance
Booz Allen Hamilton’s annual study of CEO succession aims to identify patterns in the relationship between chief executive officer tenure and corporate performance that can provide insights for managers, board members, and their advisors. Following the methodology used in previous years, we identified chief executives at the 2,500 largest publicly traded companies in the world (based on market capitalization as of January 1, 2003) who … [ Read more ]
Content: Article | Authors: Charles E. Lucier, Junichi Handa, Rob Schuyt | Source: strategy+business | Subjects: Corporate Governance, Succession Planning
Why CEOs Fall: The Causes and Consequences of Turnover at the Top
Despite the many well-researched articles about individual chief executive officers, there have been no systematic studies of the impact on CEOs’ careers of the tectonic shifts in global business, such as rising shareholder activism and changing corporate governance. Although the performance of chief executives has been the subject of extensive research, much of that research has focused on performance relative to compensation. Little if anything … [ Read more ]
Content: Article | Authors: Charles E. Lucier, Eric Spiegel, Rob Schuyt | Source: strategy+business | Subjects: Corporate Governance, International
Europe Ventures Forth
European companies lag behind U.S. corporations in starting new businesses. A few best-practice companies show how the continent can compete.
Editor’s Note: though a bit topical and ostensibly focused on Europe, the article lays out a general guide for any company considering setting up a corporate venturing initiative.
Content: Article | Authors: Frank Vrancken Peeters, Mark Melford, Rob Schuyt | Source: strategy+business | Subjects: Industry Specific, Venture Capital