When the Managers Dash for the Exits

Some new research on how manager departures impact the performance of young firms. Long story short: manager turnover leads to a “…substantial decline in the assets of founder-managed firms and a significant increase in bankruptcy risks of non-founder-managed firms.”

…manager departure has a significant causal impact on the subsequent performance of young firms.

Su Wang

Read Young Firm Manager Turnover and Performance on SSRN.

About the Author

Ben Butina, Ph.D.
Dr. Butina, who hosts the Department 12 Podcast, is an industrial-organizational psychologist with interests in training, leadership development, talent management, and positive psychology in the workplace.

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