A Study of Hospitals Found That Outsider CEOs Make Their Organizations More Productive in the Long Run
Harvard Business
MAY 8, 2018
One of the most important and challenging decisions faced by corporate directors is whether to promote a new CEO from within or to hire new talent when a CEO leaves the company. 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.
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