Industry characteristics

Datta et al. 1998 (SMJ)

Industry characteristics
  • Capital intensity
  • Industry growth rate
  • Product differentiation
Control variables in CEO research
  • Industry concentration
  • Firm size
  • Relative firm performance (past performance)
  • Relative firm capital intensity
  • Relative firm advertising intensity
  • Relative firm sales growth rate
  • Board power
CEO's dominant functional experience
  • Throughput
    • Production and operations
    • process R&D
    • accounting
  • Nonthroughput