CEO Tenure and Entrepreneurial Orientation within Family and Nonfamily Firms
基于210家企业的数据,发现CEO任期与创业导向呈倒U型关系,且在家族企业中这种关系更平缓,创业导向达到峰值的时间更晚。
The current research investigates how entrepreneurial orientation changes during a chief executive officer (CEO)'s tenure in family and nonfamily firms. Based on secondary data collected from 210 firms representing five industries, the results show an inverse U–shaped relationship between CEO tenure and entrepreneurial orientation, consistent with the executive life cycle literature. Moreover, in family firms the shape of the inverse U is less pronounced and the level of entrepreneurial orientation peaks considerably later in the CEO's tenure when compared with nonfamily firms.