Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103717
Authors: 
Hilger, Stefan
Richter, Ansgar
Schäffer, Utz
Year of Publication: 
2013
Citation: 
[Journal:] BuR - Business Research [ISSN:] 1866-8658 [Volume:] 6 [Year:] 2013 [Issue:] 1 [Pages:] 8-32
Abstract: 
Is it good or bad for senior executives to have strong interpersonal ties to the CEO? We argue that a strong relationship with the CEO raises the likelihood that a top manager stays in office or makes an upward career move when the CEO leaves office voluntarily. At the same time, such interpersonal ties also reinforce the negative spillover effects of a dismissal of the CEO on the career prospects of the manager concerned. Our empirical analysis lends support to both arguments. We contribute to managerial succession research by underlining the ambivalence of interpersonal ties within top management teams.
Subjects: 
corporate governance
interpersonal ties
top executive careers
top executive turnover
top management teams
Persistent Identifier of the first edition: 
Document Type: 
Article

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