Work

Hanging Together, Together Hung? Career Implications of Interpersonal Ties Between CEOs and Top Managers

Year: 2013

Type: article

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.

Source: BuR - Business Research

DOI: 10.1007/bf03342740

Authors: Stefan Hilger, Ansgar Richter, Utz Schäffer

Institutions: EBS University of Business and Law, WHU – Otto Beisheim School of Management

Language: English

Topic: Human Resource and Talent Management

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $1,535

OpenAlex ID: W2077537663