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The Performance Consequences of CEO Turnover


Rakesh Khurana


Harvard Business School

Nitin Nohria


Harvard Business School
March 15, 2000


Abstract:     
Previous research on executive turnover treats the departures of predecessors and the origin of successors as independent events. This approach has led to mixed empirical findings with respect to measuring the effects of executive turnover on firm performance. Using a longitudinal data set, we show that the conditions under which the predecessor departs (forced versus natural turnover) and the origin of the successor (insider versus outsider) are theoretically coupled phenomena with distinct combinations leading to differences in subsequent performance.

Number of Pages in PDF File: 40

JEL Classification: G3, L2

working papers series


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Date posted: May 8, 2000  

Suggested Citation

Khurana, Rakesh and Nohria, Nitin, The Performance Consequences of CEO Turnover (March 15, 2000). Available at SSRN: http://ssrn.com/abstract=219129 or http://dx.doi.org/10.2139/ssrn.219129

Contact Information

Rakesh Khurana (Contact Author)
Harvard Business School ( email )
Soldiers Field
Boston, MA 02163
United States
617-495-4137 (Phone)
617-496-6554 (Fax)
Nitin Nohria
Harvard Business School ( email )
Soldiers Field
Boston, MA 02163
United States
617-495-6653 (Phone)
617-496-7387 (Fax)
Feedback to SSRN (Beta)


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References:  59
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