This study examines how leader selection is affected by individual qualifications and willingness to lead using laboratory experiments. The experimental treatments are whether the candidate’s information involves the willingness to lead (WTL), and whether the group leader’s task emphasizes...

This study examines how leader selection is affected by individual qualifications and willingness to lead using laboratory experiments. The experimental treatments are whether the candidate’s information involves the willingness to lead (WTL), and whether the group leader’s task emphasizes...

We examine chief executive officer (CEO) career and compensation changes for large firms filing for Chapter 11. One-third of the incumbent CEOs maintain executive employment, and these CEOs experience a median compensation change of zero. However, incumbent CEOs leaving the executive labor...