A Study of Hospitals Found That Outsider CEOs Make Their Organizations More Productive in the Long Run
Harvard Business
MAY 8, 2018
Prior studies have two common methodological limitations. Using a 3-to-1 matching of hospitals with no change as a comparison, we analyzed 1,640 firms in all. But if a new CEO must be found, then recruiters may want to look outside rather than in. The remaining CEOs were termed outsider successions (408 firms).
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