Which CEO Characteristics and Abilities Matter?

被引：431

作者：

Kaplan, Steven N. ^{[1
,2
]}

Klebanov, Mark M.

Sorensen, Morten ^{[2
,3
]}

机构：

[1] Univ Chicago, Booth Sch Business, Chicago, IL 60637 USA

[2] NBER, Cambridge, MA 02138 USA

[3] Columbia Business Sch, New York, NY USA

来源：

JOURNAL OF FINANCE | 2012年 / 67卷 / 03期

关键词：

PERFORMANCE; PERSONALITY; INVESTMENT; LEADERSHIP; MANAGERS; STYLE; PAY;

D O I：

10.1111/j.1540-6261.2012.01739.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We exploit a unique data set to study individual characteristics of CEO candidates for companies involved in buyout and venture capital transactions and relate these characteristics to subsequent corporate performance. CEO candidates vary along two primary dimensions: one that captures general ability and another that contrasts communication and interpersonal skills with execution skills. We find that subsequent performance is positively related to general ability and execution skills. The findings expand our view of CEO characteristics and types relative to previous studies.

引用

页码：973 / 1007

页数：35

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