Succession âLosersâ: What Happens to Executives Passed Over for the CEO Job?
By David F. Larcker, Stephen A. Miles, and Brian Tayan
Stanford Closer Look Series
Overview:
Shareholders pay considerable attention to the choice of executive selected as the new CEO whenever a change in leadership takes place. However, without an inside look at the leading candidates to assume the CEO role, it is difficult for shareholders to tell whether the board has made the correct choice. In this Closer Look, we examine CEO succession events among the largest 100 companies over a ten-year period to determine what happens to the executives who were not selected (i.e., the âsuccession losersâ) and how they perform relative to those who were selected (the âsuccession winnersâ).
We ask:
âą Are the executives selected for the CEO role really better than those passed over?
âą What are the implications for understanding the labor market for executive talent?
âą Are differences in performance due to operating conditions or quality of available talent?
âą Are boards better at identifying CEO talent than other research generally suggests?
Succession âLosersâ: What Happens to Executives Passed Over for the CEO Job?
By David F. Larcker, Stephen A. Miles, and Brian Tayan
Stanford Closer Look Series
Overview:
Shareholders pay considerable attention to the choice of executive selected as the new CEO whenever a change in leadership takes place. However, without an inside look at the leading candidates to assume the CEO role, it is difficult for shareholders to tell whether the board has made the correct choice. In this Closer Look, we examine CEO succession events among the largest 100 companies over a ten-year period to determine what happens to the executives who were not selected (i.e., the âsuccession losersâ) and how they perform relative to those who were selected (the âsuccession winnersâ).
We ask:
âą Are the executives selected for the CEO role really better than those passed over?
âą What are the implications for understanding the labor market for executive talent?
âą Are differences in performance due to operating conditions or quality of available talent?
âą Are boards better at identifying CEO talent than other research generally suggests?
2. Tiden före Usa blev Usa.
Usa betyder united states of America alltsÄ
Amerikas förenta stater.
Först finns bara smÄ omrÄden/delstater ....
dessa slÄs ihop och bildar sÄ smÄningom
ett land ihop ... ja just förenade delstaterna
Det blir ett land 1776 ....
men nu PRAT OM FĂRE DENNA TID
6. Varför till Usa?? MONEY ... Triangelhandel
Kamp om land/mark rikedomar ...
Vad Àr en koloni??? .....
7. 120 Är efter Columbus börjar vanligt folk komma till Usa.
8. Thanksgiving Day ..... âKalkonĂ€tareâ
Ett av de första skeppen hetta Mayflower .... ville starta
nytt land .... svÄrt i början efter ett tag bra skördar/mat
= tacksÀgelsedag ... typ tack för nytt land/ny mat mm
9. Kamp om landbitar ... i Usa ... mellan
Frankrike England och Spanien ...
10. Sveriges Kolonier :-)
I Usa ... fanns en ... idag New Jersey ligger
Fort Christina ...... BĂ„t Kalmar Nyckeln
1838-55
I Afrika fanns en Cabo Corso .....1650-63
11. Varför kom folk till USA? Varför flyr folk idag?
Förföljda/svÄrt i sitt hemland ... religiöst och Politiskt
Fattigdom
Ăventyr
Nutt land nytt hopp
Fly frÄn fÀngelse/fru,man ;-)
Push and Pull faktorer
alltsĂ„ âskicka ivĂ€gâ typ
fattigdom ... âdra till sigâ .. typ
fri mark att odla i USA
12. Usa (som ej heter Usa Ànnu) har upptÀckts
Sammanfattning
Först kom âhandelsfolk/erövrareâ hit.
Frankrike England strider om ÀganderÀtten ..
England vinner över det vi idag kallar Usa.
Vanligt folk kommer sedan och börjar bosÀtta
sig i olika delar ... bildas delstater
1620-1750 . Landet England bestÀmmer
mycket över delsaterna i Usa ... brÄk pÄ G