CEOs' career backgrounds and corporate long-term strategic planning

被引:2
作者
Zajac, B
Stearns, LB
机构
[1] University of California, Riverside, CA
[2] Department of Sociology, University of California, Riverside
关键词
D O I
10.1111/j.1475-682X.1997.tb00440.x
中图分类号
C91 [社会学];
学科分类号
030301 ; 1204 ;
摘要
CEOs affect corporate outcomes along various dimensions. including the emphasis placed on long-term strategic planning. This study assesses the impact of CEOs' functional and industry specializations on R&D and capital spending in four manufacturing industries. We found only limited support for our position that CEOs with more professional-type careers are less willing than other CEOs to have their firms make long-term investments. ''A critical theme of... the modern industrial enterprise is that creating and maintaining such capabilities is a continuing, long-term process-a process that requires sound, longterm perspectives from the decision makers responsible for the health and growth of their enterprise''.
引用
收藏
页码:207 / 226
页数:20
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