Leadership
New CEO, Better Performance?
Findings show that while firms generally replace CEOs to improve performance, these disruptive changes in difficult times can actually make things worse.
Findings show that while firms generally replace CEOs to improve performance, these disruptive changes in difficult times can actually make things worse.
Ultimately, the personal relationships between manager and CEO can play a big role in this kind of corporate decision-making.
Risk taking is not so much an economic calculus as an interpretive act.