Diversification Strategies and the Experience of Top Executives of Large Firms
研究了53家美国大型企业1965-1980年的数据，发现CEO的背景和先前经验与公司的多元化战略显著相关，对董事会选聘高管和经理人求职有参考价值。
Abstract Prior research by Berg and Pitts has shown that there is a difference in the diversification strategies followed by major corporations; this strategy depends upon the type of organizational structure at the corporate level. This paper extends research on diversification strategy by testing the hypotheses that the skills and competence of the incumbent chief executive officer of a major firm are associated with its diversification strategy. Using empirical data spanning the years 1965‐1980 for fifty‐three major U.S. firms that have diversified and grown, it is shown that the background and prior experience of the incumbent CEO of each firm is significantly associated with the diversification strategy of a firm. This has implications for boards of directors in their search for and selection of top level corporate executives, as well as implications for managers in search of executive jobs.