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    Who drives the change? Revisiting the CEO's strategic commitment

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    Publication type
    Conference Proceeding
    Author
    Behr, Henning
    Fehre, Kerstin
    Publication Year
    2014
    Journal
    Academy of Management Proceedings
    Publication Volume
    2014
    Publication Number of pages
    1
    
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    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.
    Keyword
    Content Analysis, Replication
    Knowledge Domain/Industry
    Entrepreneurship
    DOI
    10.5465/ambpp.2014.16319abstract
    URI
    http://hdl.handle.net/20.500.12127/6024
    ae974a485f413a2113503eed53cd6c53
    10.5465/ambpp.2014.16319abstract
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