...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Strategic Management Journal >CEO dismissal: Consequences for the strategic risk taking of competitor CEOs
【24h】

CEO dismissal: Consequences for the strategic risk taking of competitor CEOs

机译：首席执行官解雇：对竞争对手首席执行官的战略风险的后果

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Research Summary We propose that CEO dismissal can change the strategic decision-making of CEOs at competing firms. Competitor CEOs will experience an increase in job insecurity, which motivates them to refrain from strategic risk taking. We also identify two key boundary conditions that shape the influence of CEO dismissal on competitor CEOs' risk taking. We test our ideas on a sample of CEO dismissals among S&P 1500 firms using a novel synthetic control method approach to matching. We also test the underlying theoretical mechanism using a complementary experiment on top executives. Taken together, these studies advance CEO dismissal research by investigating the spillover effect of CEO dismissal on competitor CEOs' behaviors. Managerial Summary The position of CEO is more volatile today than ever. When it comes to pulling the trigger on CEO dismissal, companies have increasingly twitchy fingers. Therefore, it seems important to ask: when a company fires their CEO, what happens at all the other companies in the industry? We suggest the CEOs at those companies will start worrying about their job. This fear affects their strategic decision-making. They dial back on risk and let opportunities for growth slip away. This is especially true for certain competitors. Firing a CEO, therefore, has ripple effects throughout the whole industry.
机译：研究总结我们提出首席执行官解雇可以改变竞争事件的首席执行官战略决策。竞争对手首席执行官将会遭受工作不安全的增加，这激励他们避免战略风险。我们还确定了两个关键边界条件，塑造了CEO解雇对竞争对手CEO的风险的影响。我们使用新颖的合成控制方法方法对标准普尔1500家公司的首席执行官解雇样本进行了解我们的想法。我们还使用顶级高管的互补实验测试潜在的理论机制。通过调查CEO解雇对竞争对手的行为的溢出效应，这些研究占据了首席执行官解雇了研究。管理摘要首席执行官的立场比以往任何时候都更加挥发。当涉及在首席执行官解雇时拉动触发器，公司的手指越来越多。因此，询问似乎很重要：当公司发射首席执行官时，行业所有其他公司会发生什么？我们建议在这些公司的首席执行官将开始担心他们的工作。这种恐惧会影响他们的战略决策。他们拨打风险，让能够播放的机会。对于某些竞争对手来说尤其如此。因此，射击首席执行官在整个行业中具有涟漪效应。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号