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The organizational predictors of executive career advancement in career moves across employers

  • MONIKA HAMORI

    ()

    (Instituto de Empresa)

This paper examines the career moves of executives between two different organizations and looks at the characteristics of executives´ employing organizations as a predictor of the success of the moves. The paper uses a proprietary data set of a retained executive search firm that contains information on the career paths of executives in the financial services industry. The results show that the perceived operational excellence of executives´ employing organization has a significant signaling power for other employers and strongly impacts the success of executives´ moves across different organizations.

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File URL: http://latienda.ie.edu/working_papers_economia/WP04-32.pdf
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Paper provided by Instituto de Empresa, Area of Economic Environment in its series Working Papers Economia with number wp04-32.

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Length: 28 pages
Date of creation: Nov 2004
Date of revision:
Handle: RePEc:emp:wpaper:wp04-32
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  1. Debackere, Koenraad & Rappa, Michael A., 1995. "Scientists at major and minor universities: mobility along the prestige continuum," Research Policy, Elsevier, vol. 24(1), pages 137-150, January.
  2. Jason R. Barro & Robert J. Barro, 1990. "Pay, Performance, and Turnover of Bank CEOs," NBER Working Papers 3262, National Bureau of Economic Research, Inc.
  3. Weisbach, Michael S., 1988. "Outside directors and CEO turnover," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 431-460, January.
  4. Warner, Jerold B. & Watts, Ross L. & Wruck, Karen H., 1988. "Stock prices and top management changes," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 461-492, January.
  5. Kevin J. Murphy & Jan Zabojnik, 2006. "Managerial Capital and the Market for CEOs," Working Papers 1110, Queen's University, Department of Economics.
  6. Allgood, Sam & Farrell, Kathleen A, 2000. "The Effect of CEO Tenure on the Relation between Firm Performance and Turnover," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 23(3), pages 373-90, Fall.
  7. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
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