CEO Tenure: What's the Evidence Indicate?
Michael Roberto
OCTOBER 4, 2018
John Stoll has published an interesting article in the Wall Street Journal today about CEO tenure. He describes academic research by Xueming Luo, Vamsi K. Kanuri, and Michelle Andrews. Their work examines the optimal tenure of a chief executive. The scholars conclude that the optimal tenure is roughly five years. Here's Stoll's summary of their work, with some comments from the researchers: We tend to celebrate long tenure, but there is evidence that boards are becoming less patient, and that’s
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