Prior research on CEO succession has omitted consideration of a critical institutional reality: some exiting CEOs do not fully depart the scene but instead remain as board chairs. We posit that predecessor retention restricts a successor’s discretion, thus dampening their ability to make...

How has CEO impact and beliefs about their impact changed in the United States over the period between 1950 and 2009? While others have studied these topics, most research considers just a small snapshot in time. However, it may be that the potential for CEO impact and stakeholder beliefs about...