Here’s a latest paper by Yann Decressin, Steven N. Kaplan, and Morten Sorensen:
Utilizing greater than 4,900 assessments, we research modifications within the traits and goals of CEOs and prime executives since 2001. The identical 4 elements clarify roughly half of the variation of assessed CEO traits on this bigger pattern of government assessments as in Kaplan and Sorensen (2021). After the worldwide monetary disaster (GFC), the common interviewed CEO candidate has decrease general potential, is extra execution oriented / much less interpersonal, much less charismatic and fewer inventive / strategic than pre-GFC. Apart from general potential, these variations persist in employed CEOs. Interpersonal or “softer” expertise, if something, decline over time for each CEO candidates and employed CEOs. Pre- and post-GFC, we discover a constructive correlation between the power of assessed CEOs and different C-level executives assessed on the identical firm, suggesting that increased potential executives complement one another. Lastly, we have a look at the relation of the goals for which the CEOs are interviewed to CEO traits.
By way of the wonderful Kevin Lewis.
