Disentangling the effects of CEO turnover and succession on organizational capabilities: A social network perspective

• 成果类型: Article
• 署名作者: Cao, Qing; Maruping, Likoebe M.; Takeuchi, Riki
• 署名单位: University of Connecticut; University of Arkansas System; University of Arkansas Fayetteville; Hong Kong University of Science & Technology
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.1060.0201
• 发表日期: 2006
• 页码: 563-576
• 关键词: CEO TURNOVER; succession; social networks; Social capital; ORGANIZATIONAL CAPABILITIES

摘要

Prior reviews of the CEO turnover and succession literature suggest that empirical findings on organizational implications continue to be equivocal. In this paper, we develop a conceptual framework for examining the impact of CEO turnover and succession on organizational capabilities. Using the social network perspective as a theoretical lens, we identify conditions in which CEO turnover is expected to influence organizational exploration and exploitation capabilities. We also identify contingencies under which CEO succession will moderate the impact of CEO turnover on organizational capabilities. Our framework provides a useful lens through which to view the consequences of CEO turnover and succession and sheds some light on the equivocal findings to date.