Founder-CEO succession: the Russian paradox
by Stanislav Shekshnia
European J. of International Management (EJIM), Vol. 2, No. 1, 2008

Abstract: The paper explores the problem of owner-CEO succession in Russian companies. Specifics of Russia's business environment as well as a number of external factors influencing succession event are reviewed. Major trends in founder-CEO succession are discussed and its potential pitfalls highlighted. The concept 'Russian succession paradox' is introduced, a process whereby CEO-founders pass on the helm to their successors while retaining all the power.

Online publication date: Wed, 30-Jan-2008

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