The Dilemma — Appointing Insiders or Outsiders as Executive Directors

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Date
2018-04
Journal Title
Journal ISSN
Volume Title
Publisher
ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
Abstract
The appointment of an executive director is one of the most important issues for each organization. Governing or supervisory boards, in the context of keeping personnel policy and career planning, often find themselves in a dilemma whether to make a choice between the candidates within the company, to choose insiders or outsiders, that is, whether they will choose an internal candidate, or employ a new executive board. Conservatively, internal candidates are usually the favorites of the administrative or supervisory boards, as it is shown that they were generally appointed to the highest positions and that they advanced faster on the stairs of the hierarchical pyramid.
Description
Keywords
insiders, outsiders, executive directors
Citation
Andjelkovic M. The Dilemma — Appointing Insiders or Outsiders as Executive Directors / Andjelkovic Maja, Radosavljevic Dragana, Soboleva Tetiana // Стратегічні імперативи сучасного менеджменту : зб. матеріалів ІV Міжнар. наук.-практ. конф. (19–20 квіт. 2018 р.) / М-во освіти і науки України, ДВНЗ «Київ. нац. екон. ун-т ім. Вадима Гетьмана» ; редкол.: С. М. Соболь (відп. за вип.) [та ін.]. – Київ : КНЕУ, 2018. – С. 302–307.