| Hiring a CEO from inside the company is a safer bet over the long term than bringing in an outsider, according to research by Anthea Zhang of Rice University and Nandini Rajagopalan of USC. But the insider's performance advantage doesn't show up for a few years, because it takes a while for a leader's initiatives to have an impact, the researchers found in their study of 193 industrial CEOs. |
| Source: Rice University (PDF) |
Friday, February 5, 2010
The Daily Stat: Insiders Make Better CEOs
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