Boards Are Too Passive in Developing CEO Successors @Stanfordbiz @Stanfordcorpgov @Stanfordrock
Source Newsroom: Stanford Graduate School of Business
Why can it take so long for a new CEO to be named when an old one departs? Ask Stanford faculty member David Larcker, who recently led a study that found boards of directors don't really know the senior leadership at their companies all that well -- and it can be a serious liability in identifying a CEO successor.
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