CEO Turnover in Dual-Path Career: An Examination of Followers’ Power

CEO Turnover in Dual-Path Career: An Examination of Followers’ Power

This paper highlights the internecine struggle within the top management team in listed companies in China. Drawing on a power perspective, we longitudinally examine the antecedents of CEO dismissal followed by inside succession in dual-path CEO career. It examines the influence of followers’ power...

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Veröffentlicht in:Frontiers of business research in China 2013, Vol.7 (3), p.333-355
Hauptverfasser: Gao, Zhaojun, Li, Yuan, Chang, Guozhen
Format: Artikel
Sprache:eng
Schlagworte:
CEO
CEO turnover
Chief executive officers
China
Conflicts of interest
dual-path career
liability of newness
outsiderness
outsiderness, China
Public companies
Studies
Successors
Upper management
上市公司
双通道
审核
电源
职业生涯
自相残杀
高层管理
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Beschreibung
Zusammenfassung:This paper highlights the internecine struggle within the top management team in listed companies in China. Drawing on a power perspective, we longitudinally examine the antecedents of CEO dismissal followed by inside succession in dual-path CEO career. It examines the influence of followers’ power on the dismissal of incumbent CEO and demonstrates the liability of newness and outsiderness, which is strengthened by the power of followers. It also highlights conflicts of interest and competition within the top management team and the joint effects of followers’ power on both the liability of newness and outsiderness.
ISSN:1673-7326
1673-7431
DOI:10.3868/s070-002-013-0015-5