FOUNDER CEO SUCCESSION: THE ROLE OF CEO ORGANIZATIONAL IDENTIFICATION

• 成果类型: Article
• 署名作者: Lee, Joon Mahn; Yoon, Dalee; Boivie, Steven
• 署名单位: Korea University; Purdue University System; Purdue University; Texas A&M University System; Texas A&M University College Station; Mays Business School
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/amj.2017.0091
• 发表日期: 2020
• 页码: 224-245
• 关键词: Social identity; PERFORMANCE CONSEQUENCES; WORK MOTIVATION; UNFOLDING MODEL; management; firm; OWNERSHIP; turnover; IMPACT; STATES

摘要

Drawing from the organizational identification literature, we theorize that founder CEO succession decisions are dependent on the strength of these CEOs' organizational identification with their firms. Our theoretical premise is that factors that decrease founder CEOs' organizational identification-namely, prior entrepreneurial experience and the number of cofounders-will positively affect their voluntary succession. Conversely, factors that increase founder CEOs' organizational identification-specifically, the length of time that their organization was a private firm and core founder status- will negatively affect their voluntary succession. We find strong support for our arguments in the context of firms that undertook an initial public offering during the period from 2000 to 2013. Our findings enable us to illustrate that founder CEOs' succession decisions may be better understood by considering factors that might influence their psychological traits rather than focusing only on their performance and control.