SSRN-CEO Characteristics and the Value of Corporate Refocusing by Sheng Huang

Interesting look at who divests what. Important also as it suggests that CEOs do play a more important role than some might think.SSRN-CEO Characteristics and the Value of Corporate Refocusing by Sheng Huang: from the abstract:"...CEOs in diversified conglomerates are more likely to divest divisions that they are less qualified to manage. This evidence is consistent with CEOs divesting divisions