Using more than 4,900 assessments, we study changes in the characteristics and objectives of CEOs and top executives since 2001. The same four factors explain roughly half of the variation of assessed CEO characteristics in this larger sample of executive assessments as in Kaplan and Sorensen...

While existing research on business successions stresses the importance of the economic situation of family business in this context, research on women's entrepreneurship, however, suggests that women-led businesses may be less economically attractive for potential successors because of...