PERFORMANCE AND SUCCESSOR CHOICE - THE MODERATING EFFECTS OF GOVERNANCE AND OWNERSHIP

• 成果类型: Note
• 署名作者: BOEKER, W; GOODSTEIN, J
• 署名单位: Washington State University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/256517
• 发表日期: 1993
• 页码: 172-186
• 关键词: EXECUTIVE SUCCESSION; organizational performance; GROWTH; corporations; environment

摘要

This study examined influences on whether chief executive successors are chosen from inside or outside an organization. We examined the choice of a successor as a function of organizational performance as moderated by the composition of an organization's board of directors and its ownership structure. Results indicate that performance influences successor choice, but board composition, firm ownership, and ownership concentration moderate that relationship. These relationships were examined using data from 67 semiconductor producers over a 22-year period.