Power dynamics within top management and their impacts on CEO dismissal followed by inside succession

Wei Shen, Albert A. Cannella

Research output: Contribution to journalArticlepeer-review

327 Scopus citations

Abstract

Following a power perspective, this study is a longitudinal examination of the antecedents of CEO dismissal followed by inside succession. Our theory highlights interest conflicts and competition within top management. We propose that CEO origin, CEO tenure, non-CEO inside directors, and senior executive ownership are important antecedents of CEO dismissal followed by inside succession. Evidence from a sample of 387 large U.S. corporations suggests that non-CEO senior executives frequently play an important role in CEO dismissal.

Original languageEnglish (US)
Pages (from-to)1195-1206
Number of pages12
JournalAcademy of Management Journal
Volume45
Issue number6
DOIs
StatePublished - Dec 2002
Externally publishedYes

ASJC Scopus subject areas

  • Business and International Management
  • General Business, Management and Accounting
  • Strategy and Management
  • Management of Technology and Innovation

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