Who drives the change? Revisiting the CEO's strategic commitment
Behr, Henning Fehre, Kerstin
Behr, Henning
Fehre, Kerstin
Citations
Altmetric:
Publication Type
Conference Proceeding
Editor
Supervisor
Publication Year
2014
Journal
Academy of Management Proceedings
Book
Publication Volume
2014
Publication Issue
Publication Begin page
Publication End page
Publication NUmber of pages
1
Collections
Abstract
The Upper Echelons Theory has been proved to play an important role in strategic management research. Former studies have shown significant effects of CEO-specific demographic data on a firm's strategic outcome. For a further validation of those results, we reevaluate the existing results based on the concept of the commitment to the status quo (CSQ) on a German sample. Furthermore, we extend past research and investigate the impact of selected characteristics of CEO turnovers on CEOs' strategic commitment. We find evidence that supports existing findings about antecedents of CSQ, i.e. CEO tenure and past performance are good determinants for CEO's CSQ. Contrariwise, the influence of other factors like firm size or slack resources has to be reconsidered in international context. Our results further suggest that especially newly appointed CEOs after a forced turnover have the lowest commitment to current strategies and therefore the largest potential to overcome organizational inertia.
Research Projects
Organizational Units
Journal Issue
Keywords
Content Analysis, Replication