This Research Spotlight provides a summary of the academic literature on the influence that CEOs have on company outcomes (performance and risk). It reviews the evidence of: The contribution of the CEO to overall company performance, the relation between previous managerial experience and future performance, the relation between personal attributes and performance, the relation between personality and performance, and factors that might influence risk tolerance. This Research Spotlight expands upon issues introduced in the Quick Guide “CEO Succession Planning.”
Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.
