search query: @author Rajagopalan, N. / total: 10
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| Author: | Datta, D. K. Rajagopalan, N. Zhangt, Y. |
| Title: | New CEO Openness to Change and Strategic Persistence: the Moderating Role of Industry Characteristics |
| Journal: | British Journal of Management
2003 : JUN, VOL. 14:2, p. 101-114 |
| Index terms: | CHIEF EXECUTIVE OFFICERS USA MANUFACTURING INDUSTRY CHANGE STRATEGIC MANAGEMENT |
| Language: | eng |
| Abstract: | Drawing on the upper echelons, managerial discretion and strategic contingency perspectives we examine the relationships between newly chosen CEOs' openness to change and firm strategic persistence in the post- succession phase. This study is different from prior studies on the consequences of CEO succession in that it focuses on specific characteristics of the new CEO (that reflect his/her knowledge-base and cognitive orientations) and the industry context rather than purely on the event of succession. Based on a sample of 132 successions in 118 firms in the US manufacturing sector, and after controlling for industry concentration, board power, firm size and pre-succession performance, we find a negative relationship between CEOs' openness to change and post- succession strategic persistence. |
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