Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs by Khurana, Rakesh
Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs by Khurana, Rakesh

Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs

Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing....
HK$758.07
HK$758.07
SKU: 9780691120393
Product Type: Books
Please hurry! Only 660 left in stock
Author: Rakesh Khurana
Format: Paperback
Language: English
Subtotal: $758.07
10 customers are viewing this product
Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs by Khurana, Rakesh

Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs

$758.07
Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs by Khurana, Rakesh

Searching for a Corporate Savior: The Irrational Quest for Charismatic CEOs

$758.07
Author: Rakesh Khurana
Format: Paperback
Language: English
Description

Corporate CEOs are headline news. Stock prices rise and fall at word of their hiring and firing. Business media debate their merits and defects as if individual leaders determined the health of the economy. Yet we know surprisingly little about how CEOs are selected and dismissed or about their true power. This is the first book to take us into the often secretive world of the CEO selection process. Rakesh Khurana's findings are surprising and disturbing. In recent years, he shows, corporations have increasingly sought CEOs who are above all else charismatic, whose fame and force of personality impress analysts and the business media, but whose experience and abilities are not necessarily right for companies' specific needs. The labor market for CEOs, Khurana concludes, is far less rational than we might think.

Khurana's findings are based on a study of the hiring and firing of CEOs at over 850 of America's largest companies and on extensive interviews with CEOs, corporate board members, and consultants at executive search firms. Written with exceptional clarity and verve, the book explains the basic mechanics of the selection process and how hiring priorities have changed with the rise of shareholder activism. Khurana argues that the market for CEOs, which we often assume runs on cool calculation and the impersonal forces of supply and demand, is culturally determined and too frequently inefficient. Its emphasis on charisma artificially limits the number of candidates considered, giving them extraordinary leverage to demand high salaries and power. It also raises expectations and increases the chance that a CEO will be fired for failing to meet shareholders' hopes. The result is corporate instability and too little attention to long-term strategy.

The book is a major contribution to our understanding of corporate culture and the nature of markets and leadership in general.

Author: Rakesh Khurana
Publisher: Princeton University Press
Published: 07/26/2004
Pages: 295
Binding Type: Paperback
Weight: 0.91lbs
Size: 8.94h x 5.64w x 0.80d
ISBN: 9780691120393

About the Author
Rakesh Khurana is Assistant Professor of Organizational Behavior at the Harvard Business School.
Shipping & Return

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Review

Related Products

Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07
Example product title
HK$758.07
HK$758.07

Recently Viewed Products