Abstract
CEO succession may be a disruptive event and thus an opportune time for rivals to engage in competitive attacks against the focal firm, particularly when the successor is very different from the predecessor in terms of professional experience. We argue that the effect of predecessorsuccessor experience differential on being attacked is contingent upon the focal firm’s level of dedicated ownership or decision to keep the predecessor on the board. We find support for our propositions that strong governance may ward off rivals’ competitive attacks when a focal firm is hiring a new CEO who is drastically different from the predecessor.
| Original language | English (US) |
|---|---|
| Journal | Academy of Management Annual Meeting Proceedings |
| Volume | 2022 |
| Issue number | 1 |
| DOIs | |
| State | Published - 2022 |
| Event | 82nd Annual Meeting of the Academy of Management, AOM 2022 - Seattle, United States Duration: Aug 5 2022 → Aug 9 2022 |
All Science Journal Classification (ASJC) codes
- Management Information Systems
- Management of Technology and Innovation
- Industrial relations
