CEO CHARACTERISTICS: DOES INDUSTRY MATTER?
研究美国制造业中行业条件与CEO特征的关系,发现行业条件对CEO任期、教育水平等特征的解释力有限,高绩效企业略更匹配但差异不大。
This study examined the relationships between a comprehensive set of industry conditions and CEO characteristics utilizing data from a broad range of U.S. manufacturing industries. Pooled cross-sectional time series analyses indicated that industry conditions played a limited role in explaining variations in CEO firm tenure, educational level, functional background, and functional heterogeneity. Results of subgroup regression analyses indicated that although high performers appeared to align the studied CEO characteristics more closely to industry conditions than low performers, differences between the industry coefficients in the two groups are generally small.