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

Zhaojun Gao, Yuan Li, Guozhen Chang

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PDF(360 KB)
Front. Bus. Res. China ›› 2013, Vol. 7 ›› Issue (3) : 333-355. DOI: 10.3868/s070-002-013-0015-5
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CEO Turnover in Dual-Path Career: An Examination of Followers’ Power

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Abstract

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.

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CEO turnover / dual-path career / liability of newness / outsiderness, China

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Zhaojun Gao, Yuan Li, Guozhen Chang. CEO Turnover in Dual-Path Career: An Examination of Followers’ Power. Front Bus Res Chin, 2013, 7(3): 333‒355 https://doi.org/10.3868/s070-002-013-0015-5

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2014 Higher Education Press and Brill
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