Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/236694 
Year of Publication: 
2021
Series/Report no.: 
CESifo Working Paper No. 9152
Publisher: 
Center for Economic Studies and Ifo Institute (CESifo), Munich
Abstract: 
We use a unique corpus of job descriptions for C-suite positions to document skills requirements in top managerial occupations across a large sample of firms. A novel algorithm maps the text of each executive search into six separate skill clusters reflecting cognitive, interpersonal, and operational dimensions. The data show an increasing relevance of social skills in top managerial occupations, and a greater emphasis on social skills in larger and more information intensive organizations. The results suggest the need for training, search and governance mechanisms able to facilitate the match between firms and top executives along multiple and imperfectly observable skills.
Document Type: 
Working Paper
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