"Having a CEO around for a long time is often thought to provide a company with consistency. But it can also store up problems, according to new research.
Academics looking into the fall-out from a CEO with a long tenure find that it can "harm" performance, even after they are replaced.
Statistical analysis by a team of academics finds that it appears hard to maintain performance after a long-standing CEO has moved on. There are also higher costs involved with the "clean-up"— restructuring and write offs-after veteran chief executives have departed."
Trecho retirado de "Long-standing CEOs can leave a legacy of trouble for boards"
