Power and Managerial Dismissal: Scapegoating at the Top
研究67家企业在22年间,发现业绩下滑时,权力大的CEO更可能将责任推给下属高管,导致下属被解雇而自身留任,并探讨了董事会构成和所有权对CEO权力的影响。
Warren Boeker Columbia University A study of 67 organizations over a 22-year period is used to examine the likelihood of chief executive and top management dismissal as a result of organizational performance and the distribution of power in the organization. Powerful chief executives are found to be less likely than less powerful chief executives to be dismissed during performance downturns. Instead, they displace blame for poor performance onto their subordinates, the top managers of the organization, who subsequently are replaced, while the chief executive remains. The paper examines the role that board composition and organization ownership play in influencing the amount of power the chief executive is likely to possess and explores what actions organizations with poor performance but powerful chief executives might take.'