Chairperson Succession - Cornel Germann Kartoniert (TB)

This open access book empirically analyses the competences (input) moderators (process) and disclosure (output) of board chair succession practices for publicly listed organisations in Switzerland. As primus inter pares (Latin for first among equals) the chair of the board of directors holds a unique organisational position. For fulfilling the non-transferable duties pursuant to Article 716a revCO it is essential that the chair is a person who has rational economic and socio-emotional skills. To date however it is unclear how organisations structure the search for a chairperson. On the o ne hand this ambiguity arises from a legal perspective as succession-related formal regulations (hard law) or best-governance principles (soft law) are rare and often lack specificity and on the other hand from a business perspective as there is a lack of sufficient attention and diligence. Previous research on board governance has primarily focused on the dyadic relationship between board composition and organisational performance (board effectiveness research). However as board succession is a dynamic process the research focus should go beyond a pure output performance paradigm.