Disentangling the Effects of CEO Turnover and Succession on Organizational Capabilities: A Social Network Perspective
从社会网络视角构建概念框架,分析CEO更替如何影响组织的探索与利用能力,并探讨继任者特征如何调节这一影响,帮助理解现有研究中的矛盾结论。
Prior reviews of the CEO turnover and succession literature suggest that empirical findings on organizational implications continue to be equivocal. In this paper, we develop a conceptual framework for examining the impact of CEO turnover and succession on organizational capabilities. Using the social network perspective as a theoretical lens, we identify conditions in which CEO turnover is expected to influence organizational exploration and exploitation capabilities. We also identify contingencies under which CEO succession will moderate the impact of CEO turnover on organizational capabilities. Our framework provides a useful lens through which to view the consequences of CEO turnover and succession and sheds some light on the equivocal findings to date.