Heroes of the Green Room - How able successors revitalize and reinvent family firms

被引:6
|
作者
Istipliler, Baris [1 ]
Ahrens, Jan-Philipp [1 ]
Hauer, Annegret [1 ]
Steininger, Dennis [2 ]
Woywode, Michael [1 ]
机构
[1] Univ Mannheim, Inst SME Res & Entrepreneurship, L9 1-2, D-68161 Mannheim, Germany
[2] Tech Univ Kaiserslautern, Fac Business Studies & Econ, Chair Entrepreneurship, Kaiserslautern, Germany
关键词
CEO succession; family firms; upper echelon theory; contingency theory; mixed-methods; MANAGERIAL SUCCESSION; CORPORATE-OWNERSHIP; CRISIS MANAGEMENT; STRATEGIC CHANGE; UPPER ECHELONS; PERFORMANCE; CEO; ORGANIZATION; LEADERSHIP; MODEL;
D O I
10.1080/00472778.2022.2161554
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Drawing on contingency and upper echelon theories, this study conceptualizes family firm CEO succession as a special window of opportunity for the new generation to reinvent and rejuvenate the firm and restore the environment-organization fit that had often deteriorated pre-succession. We argue that CEO-related human capital enables successors to identify and amend misfits, allowing them to re-chart an organization's course to enhanced performance, especially when the misfit is marked by a turnaround situation. Based on a quantitative analysis of 804 German firms and 31 qualitative interviews, we find support for these coherences and contribute to contingency and upper echelon theories.
引用
收藏
页码:1604 / 1651
页数:48
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