Omari Scott Simmons on Executive-Search Firms and Governance

Omari Scott Simmons, professor of business law at Wake Forest University, joins the Business Scholarship Podcast to discuss his forthcoming article Forgotten Gatekeepers: Executive Search Firms and Corporate Governance. In this article, Simmons introduces the history, role, and practice of executive-search firms (ESFs), firms that help companies source and recruit senior executives and directors. He further makes the case that, similar to compensation consultants and proxy firms, ESFs are a significant player in a trend toward outsourcing corporate governance.