Heroes of the Green Room – How able successors revitalize and reinvent family firms
基于权变理论和高层梯队理论,研究家族企业CEO继任如何成为新世代振兴企业、恢复环境-组织匹配的契机,发现继任者的人力资本有助于识别和修正不匹配,尤其在扭亏为盈情境下效果显著。
Drawing on contingency and upper echelon theories, this study conceptualizes family firm CEO succession as a special window of opportunity for the new generation to reinvent and rejuvenate the firm and restore the environment-organization fit that had often deteriorated pre-succession. We argue that CEO-related human capital enables successors to identify and amend misfits, allowing them to re-chart an organization’s course to enhanced performance, especially when the misfit is marked by a turnaround situation. Based on a quantitative analysis of 804 German firms and 31 qualitative interviews, we find support for these coherences and contribute to contingency and upper echelon theories.