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Document type:
Zeitschriftenaufsatz 
Author(s):
Hutzschenreuter, Thomas; Kleindienst, Ingo; Greger, Claas 
Non-TUM Co-author(s):
ja 
Cooperation:
international 
Title:
What Determines Demographic Similarity Between Incumbent CEOs and Their Successors? A CEO Informal Power Perspective 
Abstract:
As CEOs reach the end of their tenure, they attempt to influence the decision about who will replace them in order to safeguard what they have put in place. This prompts them to favor candidates who share similar demographic profiles whom they believe will carry on where they leave off. We suggest that as CEOs are not usually given the authority to name a successor, they make use of informal power to exert their influence. We test our hypotheses on a sample of 137 CEO successions in 67 German di...    »
 
Keywords:
Demographic similarity; Incumbent CEO; Informal power perspective 
Intellectual Contribution:
Discipline-based Research 
Journal title:
Managerial and Decision Economics 
Journal listet in FT50 ranking:
nein 
Year:
2015 
Journal volume:
36 
Journal issue:
Pages contribution:
421-438 
Fulltext / DOI:
Publisher:
Wiley-Blackwell 
Date of publication:
16.06.2014 
Key publication:
Nein 
Peer reviewed:
Ja 
International:
Ja 
Book review:
Nein 
Commissioned:
not commissioned 
Professional Journal:
Nein 
Interdisciplinarity:
Nein 
Mission statement:
Ethics and Sustainability:
Nein