Study Suggests Long-Serving CEOs Could Hinder Innovation
Research from the University of East London indicates that companies with long-serving chief executives may experience a decline in innovation without the oversight of strong independent boards.
Editorial Staff
1 min read
Updated about 7 hours ago
A recent study conducted by the University of East London has raised concerns about the impact of long-serving chief executives on corporate innovation.
The research analyzed 215 companies listed in the FTSE 350 and found a potential decline in innovative output in organizations led by these long-tenured leaders.
The findings suggest that the presence of strong independent boards may be crucial in challenging long-serving leadership to maintain a culture of innovation.