A Commentary on Fezzey et al. (2024): Rethinking CEO Activism Through Stakeholder Complexity, Institutional Pressures and Temporal Dynamics
这篇评论指出Fezzey等人的CEO行动主义决策矩阵需要从静态模型扩展为动态模型,并整合利益相关者显著性理论、制度理论和过程视角来增强其解释力和实用性。
Fezzey et al.'s (2024) CEO Activism Decision Matrix categorizes executive sociopolitical engagement into inactive, symbolic, covert, and substantive strategies based on combinations of communicative and economic power. While this typology effectively conceptualizes structural dimensions of CEO activism, it requires theoretical expansion in three critical areas that would transform the matrix from a static to a dynamic model. This commentary integrates stakeholder salience theory (Mitchell et al., 1997), institutional theory (DiMaggio & Powell, 1983), and process perspectives to demonstrate how these extensions enhance both the explanatory power and practical utility of their framework.