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Mismanagement and the Firing of a Bad CEO

Dimitris N. Chorafas

Chapter 2 in Management Risk, 2004, pp 24-39 from Palgrave Macmillan

Abstract: Abstract It is always tough to get a bad CEO out of the company’s system. The executive under fire will resist, and this will inevitably lead to in-fighting. When talking about how to get rid of a bad senior executive, Dr. Neil Jacoby, my Professor of Business Strategy at UCLA in the early 1950s, advised his students to give a bad CEO enough cord so he could hang himself. This, however, takes time.

Keywords: Stock Option; Supervisory Board; International Joint Venture; Compensation Committee; British Telecom (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4810-6_2

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DOI: 10.1057/9781403948106_2

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