Chief executive officer (CEO) is the position of the most senior corporate officer, executive, leader or administrator in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (e.g., Crown corporations). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc. Titles also often given to the holder of CEO position include president, chief executive (CE), managing director (MD) and representative director (RD) (in Japan).
1 Responsibilities 2 Characteristics
3 International use 4 Related positions
4.1 US 4.2 UK
5 See also 6 References 7 Further reading 8 External links
The responsibility of an organization's CEO are set by the
organization's board of directors or other authority, depending on the
organization's legal structure. They can be far-reaching or quite
limited and are typically enshrined in a formal delegation of
authority. Typically, responsibilities include decision maker on
strategy and other key policy issues, leader, manager, and executor.
The communicator role can involve speaking to the press and the rest
of the outside world, as well as to the organization's management and
employees; the decision-making role involves high-level decisions
about policy and strategy. As a leader of the company, the CEO or MD
advises the board of directors, motivates employees, and drives change
within the organization. As a manager, the CEO/MD presides over the
organization's day-to-day operations. The term refers to the
person who makes all the key decisions regarding the company, which
includes all sectors and fields of the business, including operations,
marketing, business development, finance, human resources, etc. The
CEO of a company is not necessarily the owner of the company.
Earlier in the 21st century, top executives typically had technical
degrees in science, engineering or law. As of 2016, there were 20
female CEOs of S&P 500 companies, approximately 4%.
Business publicists since the days of
CEO succession CEO of public schools Executive officer List of books written by CEOs List of chief executive officers Occupational Information Network Partner director United States Department of Labor
^ a b Lin, Tom C. W. (April 23, 2014). "CEOs and Presidents".
Retrieved June 29, 2017 – via papers.SSRN.com.
^ "Managing Director". Longman Dictionary of Contemporary English.
Retrieved June 14, 2017.
^ "代表取締役" [Daihyō torishimaryaku] (in Japanese).
Japanese-English Dictionary. Retrieved March 31, 2017.
^ "代表取締役" [Daihyō torishimaryaku] (in Japanese). NTT
Resonant. Retrieved March 31, 2017.
^ "Chief Executive Officer - CEO". Investopedia. Investopedia US, a
Division of IAC. Retrieved 2014-10-23.
^ "Chief Executive Officer (CEO)". BusinessDictionary.com. WebFinance
Inc. Retrieved October 23, 2014.
^ Capstone Publishing (2003). The Capstone Encyclopaedia of Business.
Oxford, U.K: Capstone Publishing. pp. 79–80.
^ Bertrand, Marianne (2012), "CEOs", Annual Review of Economics,
Annual Reviews, 1: 121–150,
^ Catalyst (2016) "Knowledge Center: Women CEOs of the S&P 500".
Retrieved April 14, 2016.
^ Eric Guthey and Timothy Clark, Demystifying Business Celebrity
^ Mathew L.A. Hayward, Violina P. Rindova, and Timothy G. Pollock.
"Believing one's own press: The causes and consequences of CEO
Huang, Jiekun, and Darren J. Kisgen. "Gender and corporate finance:
Are male executives overconfident relative to female executives?."
Journal of Financial Economics 108#3 (2013): 822-839. online
Kaplan, Steven N., Mark M. Klebanov, and Morten Sorensen. "Which CEO
characteristics and abilities matter?." Journal of
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U.S. Bureau of Labor Statistics - Top Executives: Description and Outlook
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