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| Author: | Zhang, Y. Rajagopalan, N. |
| Title: | Explaining new CEO origin: firm versus industry antecedents |
| Journal: | Academy of Management Journal
2003 : JUN, VOL. 46:3, p. 327-338 |
| Index terms: | Chief executive officers Intrapreneurship Business services industry Industrial structure Supply and demand |
| Language: | eng |
| Abstract: | The authors classified newly chosen CEOs' origins into three categories: intrafirm, intraindustry, and outside-industry, and examined their firm-level and industry-level antecedents. In a sample of 220 CEO successions 1993-1998, intrafirm succession was positively associated with the presence of an heir apparent and the number of nonheir inside directors. Intraindustry succession was positively associated with strategic homogeneity among industry firms and a focal firm's strategic conformity to industry central tendencies. |
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