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Executive Succession: Organizational Antecedents of CEO Characteristics
Deepak K. Datta and James P. Guthrie
Strategic Management Journal
Vol. 15, No. 7 (Sep., 1994), pp. 569-577
Published by: Wiley
Stable URL: http://www.jstor.org/stable/2486749
Page Count: 9
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Based on 195 succession events in Business Week 1000 firms, this study examines the organizational antecedents of CEO demographic characteristics. Study findings suggest that antecedent conditions of lower firm profits and firm growth are associated with the selection of outsider CEOs. Additionally, R&D intensity is associated with the selection of CEOs having technical functional backgrounds and higher levels of education.
Strategic Management Journal © 1994 Wiley