Professors Morten T. Hansen (University of California, Berkeley), Herminia Ibarra and Urs Peyer (Insead) have created a scorecard for measuring CEOs performance beyond short-term. Accordingly, they tracked data from the following indexes:
S&P Global 1200, 1997–2010
S&P CNX 500, 1998–2010 (for India)
Shanghai and Shenzhen Stock Exchanges, 1998–2010
MSCI Emerging Markets Latin America Index and AméricaEconomía 500, 2002–2010
S&P BRIC 40, 1997–2010
Metrics:
Country-adjusted company returns
Industry-adjusted company returns
"On average, they delivered a total shareholder return of 1,385% during their tenures and increased their firms’ market value by $40.2 billion (adjusted for inflation, dividends, share repurchases, and share issues). The contrast between their results and those of the bottom 100 CEOs was striking: On average, the bottom 100 produced a total shareholder return of -57% and presided over a loss of $13.6 billion in market value."
Who's No. 1 ?: Steve Jobs
No 2 ?: Jeff Bezos
You can navigate the list by geography (Best in Europe, China, LatAM, etc.) demographics (M/F, Insider/Outsider, etc.)
Some notes:
"The Legacy Litmus Test" (or the curse of great prior performance)-it pays to take over a poor performer business.
Read it all at Harvard Business Review or Insead.
The fact that Steve Jobs is number one means I don't even have an interest reading the rest of the article.
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