Explaining new CEO origin: Firm versus industry antecedents

被引:135
作者
Zhang, Y [1 ]
Rajagopalan, N
机构
[1] Rice Univ, Jesse H Jones Grad Sch Management, Houston, TX 77251 USA
[2] Univ So Calif, Marshall Sch Business, Los Angeles, CA 90089 USA
关键词
D O I
10.5465/30040626
中图分类号
F [经济];
学科分类号
02 ;
摘要
We classified newly chosen CEOs' origins into three categories: intrafirm, intraindustry, and outside-industry, and examined their firm-level and industry-level antecedents. In a sample of 220 CEO successions between 1993 and 1998, intrafirm succession was positively associated with the presence of an heir apparent and the number of nonheir inside directors. Intraindustry succession was positively associated with strategic homogeneity among industry firms and a. focal firm's strategic conformity to industry central tendencies.
引用
收藏
页码:327 / 338
页数:12
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