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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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Executive Succession: Organizational Antecedents of CEO Characteristics
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Abstract

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.

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