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Publicatie

Non-CEO executive mobility

Tijdschriftbijdrage - Tijdschriftartikel

Ondertitel:the impact of poor firm performance and TMT attention
We present a comprehensive and integrative study of non-CEO executive mobility, proposing two complementary approaches: (1) mobility as a reactive process, driven by poor organizational performance (the dominant approach in prior literature) and (2) mobility as a proactive process, reflecting incumbent TMTs' patterns of (exploratory and exploitative) attention. Using a sample of 1168 observations proceeding from 197 US organizations (2000-2011), we empirically validate that non-CEO executives' exit and inflow is driven by poor organizational performance, and that CEO replacement mediates this effect (i.e., the so-called 'sweep-out effect'). Furthermore, the probability of non-CEO executive inflow is higher when the incumbent TMT has a high level of exploratory attention and lower when there is a high level of exploitative attention. These 'proactive' effects occur over and above the 'reactive' processes of poor organizational performance. (C) 2015 Elsevier Ltd. All rights reserved.
Tijdschrift: European management journal
ISSN: 0263-2373
Volume: 33
Pagina's: 257 - 267
Jaar van publicatie:2015
Trefwoorden:A1 Journal article
BOF-keylabel:ja
BOF-publication weight:1
CSS-citation score:1
Auteurs:International
Authors from:Higher Education
Toegankelijkheid:Open