CEO Tenure Affects The Likelihood Of Recalling Unsafe Products
The Horizons Tracker
FEBRUARY 18, 2022
The authors believe this is probably because once executives have been in post for that long they’re more likely to shoulder the blame for the bad news and therefore look to avoid that wherever possible. The researchers analyzed data from 125 listed firms, whose 307 CEOs enacted 584 product recalls between 1992 and 2016.
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