Managerial Succession and Organizational Performance: A Recalcitrant Problem Revisited.

The authors wish to thank Oscar Grusky, Richard H. Hall, William A. Gamson, James F. O'Connor, Donald E. Comstock, Donald A. Dillman, and several anonymous reviewers for their comments on an earlier version of this paper. The authors are also indebted to Raymond E. Williams for his assistance in this research. Of course, none of these individuals is responsible for any remaining errors or deficiencies.