TY - JOUR
T1 - Successor characteristics, organisational slack, and change in the degree of firm internationalisation
AU - Lin, Wen Ting
AU - Liu, Yunshi
N1 - Funding Information:
The authors thank IBR Editors and two anonymous reviewers for their detail and valuable comments and suggestions. This research was supported by National Science Council (NSC-96-2416-H-029-004-MY3).
PY - 2012/2
Y1 - 2012/2
N2 - In this paper, we use chief executive officer (CEO) succession events to explore the effects of successor characteristics, including outside succession and differences between a new CEO/existing chairman on changes in the degree of firm internationalisation. In addition, we examine the moderating effect of organisational slack on the relationship between successor characteristics and change in the degree of firm internationalisation. We test our hypotheses using a sample of 2000-2005 data from 160 successive observations of listed companies in Taiwan. The results show that a firm will opt for higher levels of change on an international scale when it is characterized by the following: (1) outside succession and (2) differences between the CEO successor and the existing chairman. Further, we find that organisational slack will positively moderate the relationship between successor characteristics and the change in the degree of firm internationalisation.
AB - In this paper, we use chief executive officer (CEO) succession events to explore the effects of successor characteristics, including outside succession and differences between a new CEO/existing chairman on changes in the degree of firm internationalisation. In addition, we examine the moderating effect of organisational slack on the relationship between successor characteristics and change in the degree of firm internationalisation. We test our hypotheses using a sample of 2000-2005 data from 160 successive observations of listed companies in Taiwan. The results show that a firm will opt for higher levels of change on an international scale when it is characterized by the following: (1) outside succession and (2) differences between the CEO successor and the existing chairman. Further, we find that organisational slack will positively moderate the relationship between successor characteristics and the change in the degree of firm internationalisation.
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U2 - 10.1016/j.ibusrev.2011.01.001
DO - 10.1016/j.ibusrev.2011.01.001
M3 - Article
AN - SCOPUS:84855236039
SN - 0969-5931
VL - 21
SP - 89
EP - 101
JO - International Business Review
JF - International Business Review
IS - 1
ER -