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Titel:

What Determines Demographic Similarity Between Incumbent CEOs and Their Successors? A CEO Informal Power Perspective

Dokumenttyp:
Zeitschriftenaufsatz
Autor(en):
Hutzschenreuter, Thomas; Kleindienst, Ingo; Greger, Claas
Nicht-TUM Koautoren:
ja
Kooperation:
international
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...     »
Stichworte:
Demographic similarity; Incumbent CEO; Informal power perspective
Intellectual Contribution:
Discipline-based Research
Zeitschriftentitel:
Managerial and Decision Economics
Journal gelistet in FT50 Ranking:
nein
Jahr:
2015
Band / Volume:
36
Heft / Issue:
7
Seitenangaben Beitrag:
421-438
Volltext / DOI:
doi:10.1002/mde.2679
Verlag / Institution:
Wiley-Blackwell
Publikationsdatum:
16.06.2014
Urteilsbesprechung:
0
Key publication:
Nein
Peer reviewed:
Ja
International:
Ja
Book review:
Nein
commissioned:
not commissioned
Professional Journal:
Nein
Interdisziplinarität:
Nein
Leitbild:
;
Ethics und Sustainability:
Nein
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