Temporal Change Patterns of Entrepreneurial Orientation: A Longitudinal Investigation of CEO Successions

被引:0
|
作者
Gruehn, Bastian [1 ]
Strese, Steffen [1 ]
Flatten, Tessa C. [2 ]
Jaeger, Nikolai A. [1 ]
Brettel, Malte [1 ]
机构
[1] Rhein Westfal TH Aachen, Ctr Entrepreneurship, Kackertstr 7, D-52072 Aachen, Germany
[2] Tech Univ Dortmund, Dept Business Technol Management, Vogelpothsweg 87, D-44227 Dortmund, Germany
关键词
STRATEGIC CHANGE; MARKET ORIENTATION; CORPORATE ENTREPRENEURSHIP; EXECUTIVE SUCCESSION; FIRM PERFORMANCE; TOP MANAGERS; TENURE; ORGANIZATION; CONSEQUENCES; SUGGESTIONS;
D O I
10.1111/etp.12239
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study investigates the temporal change patterns of entrepreneurial orientation (EO) subsequent to chief executive officer (CEO) successions. Integrating prior research, we hypothesize that CEO successions lead to a change in EO and that this change exhibits an inverse U-shape over time. Based on data collected for 67 CEO successions, our empirical results support our hypotheses, showing that successions effectuate changes in EO and tend to increase the level of EO in firms. Changes in EO peak in the second to fourth year of a new CEO's tenure, with less change before and after. We also demonstrate that changes in EO occur later but are more pronounced if the newly appointed firm leader is an outside CEO.
引用
收藏
页码:591 / 619
页数:29
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