Despite steady average CEO succession rates
, dismissals hit a 10-year high in 2012.
When exploring the consequences of succession, researchers focused predominately on the relationship between succession rate and subsequent performance (e.
This review focused on three main topics: (1) succession rate and successor origin and tenure; (2) successors and organizational change; and (3) successor styles and needs.
Also, the initial steep increase in the succession rate
is inconsistent with the hypothesis of escalation of commitment to explain the institutionalization of power.
The Safest Industries: The energy industry was the safest for CEOs in 2004, with an overall succession rate
The Middle East continues to have one of the highest CEO succession rates
with 21% of the 62 largest listed ME corporates seeing a new CEO take the helm in 2015, a report by Strategy& shows.
While the CEO succession rates
in the Middle East continue to be higher than the global average, we have seen a meaningful decline this year in this region as well and are now approaching the global levels," remarks Per-Ola Karlsson, Senior Partner at STRATEGY&.
The study reports the average tenure of the CEO in today's global corporation is seven years and that, in a seeming contrast to the Wharton study, succession rates
have climbed to more than 14% overall.
At the same time, the share of companies headquartered in emerging markets grew to more than one-quarter of the world's top companies, exerting significant influence on succession rates
due to both their governance structures and fast growth rates.
The patch dynamics of xeric subalpine forests involves both source-sink and remnant population dynamics (sensu Eriksson 1996): variation in succession rates
and fire frequencies across environmental gradients determine reestablishment patterns after fire and whether patches expand, shrink, persist or disappear over time (see also Romme and Knight 1981, Veblen 1992).
Grusky (1963a) examine managerial succession rates
and team performance of professional baseball teams between 1921-41 and 1951-58 and found that succession rates
and effectiveness were negatively related, a finding consistent with the first part of the common sense explanation, even though he rejected this explanation in favor of two-way causality.
NEW YORK -- While CEO succession rates
at the world's 2,500 largest companies held steady at a high annual rate of 14.
While merger-related departures increased in the past year, both regular and forced succession rates
decreased slightly -- from 7.