Who shall succeed? How CEO board preferences and power affect the choice of new CEOs

被引：331

作者：

Zajac, EJ

Westphal, JD

机构：

来源：

ACADEMY OF MANAGEMENT JOURNAL | 1996年 / 39卷 / 01期

关键词：

D O I：

10.5465/256631

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study shows how social psychological and sociopolitical factors can create divergence in the preferences of an incumbent CEO and existing board regarding the desired characteristics of a new CEO, and how relative CEO/board power can predict whose preferences are realized. Using extensive longitudinal data, we found that more powerful boards are more likely to change CEO characteristics in the direction of their own demographic profile. Outside successors are also typically demographically different from their CEO predecessors but demographically similar to the boards.

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页码：64 / 90

页数：27

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