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 language | English (US) |
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Pages (from-to) | 1195-1206 |
Number of pages | 12 |
Journal | Academy of Management Journal |
Volume | 45 |
Issue number | 6 |
DOIs | |
State | Published - Dec 2002 |
Externally published | Yes |
ASJC Scopus subject areas
- Business and International Management
- General Business, Management and Accounting
- Strategy and Management
- Management of Technology and Innovation