Venture Capitalist and CEO Dismissal
基于全国调查，研究风险投资家所在的董事会解雇CEO的原因，发现战略失误而非运营失误是主因，且换CEO能显著提升新创企业绩效，无论继任者来自内部还是外部。
This exploratory research utilized a nationwide survey to examine CEO dismissals by boards of directors on which venture capitalists serve. The findings demonstrate that it is a CEO's failure in strategic concerns, rather than operational ones, that typically lead to CEO dismissal. In addition, replacing a CEO typically has a strong positive effect on new venture performance. These performance gains are not significantly different if replacement CEOs are internal or external to the venture.