Dismissing a Tarnished CEO? PSYCHOLOGICAL MECHANISMS AND UNCONSCIOUS BIASES IN THE BOARD'S EVALUATION

被引:16
|
作者
Weber, Libby [1 ]
Wiersema, Margarethe [1 ]
机构
[1] Univ Calif Irvine, Paul Merage Sch Business, Strateg Management, Irvine, CA 92697 USA
关键词
stakeholders; CEO dismissal; corporate misconduct; CEO evaluation; boards; EXPECTANCY VIOLATION; TURNOVER; RESTATEMENTS; PERFORMANCE; JUDGMENTS; INGROUP; EMOTION; MEMBERS; MODEL; MOOD;
D O I
10.1177/0008125617712257
中图分类号
F [经济];
学科分类号
02 ;
摘要
In today's world, CEOs are frequently dismissed following corporate misconduct or poor performance. Yet, it is often difficult to predict when boards will dismiss the CEOs, as the same behavior often results in different decisions across firms. Taking a socio-cognitive perspective, this article explores the factors that lead a CEO to become tarnished. It then uses expectancy violation theory combined with attribution theory as well as stakeholder theory, concepts of legitimacy, and motivational theory to understand how the board evaluates the tarnished CEO.
引用
收藏
页码:22 / 41
页数:20
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