国外基于CEO变更视角的公司战略变革研究述评
6595 
951
外国经济与管理 2013 年 第 35 卷第 11 期, 页码：37 - 47
摘要
参考文献
摘要
CEO作为公司主要领导人在公司战略决策制定和实施方面扮演着重要角色,因此,CEO变更对公司战略的影响是学界一直关注的核心议题。本文在回顾国外CEO变更与战略变革关系研究的基础上,构建了一个基于CEO变更视角下的战略变革研究框架,并根据该框架,从驱使CEO战略变革的动因及情境因素两个方面对国外相关研究进行了述评,最后分析指出了国外相关研究仍存在的不足,并针对不足对未来研究进行了展望。
[1]Barker V L and Duhaime I M.Strategic change in the turnaround companies:Theory and empirical evidence[J].Strategic Management Journal,1997,18(1):13-38.
[2]Baron R A.The role of affect in the entrepreneurial process[J].Academy of Management Review,2008,33(2):328-340.
[3]Barron J M,et al.Top management team turnover,CEO succession type,and strategic change[J].Journal of Business Research,2008,64(8):904-910.
[4]Boeker W.Executive migration and strategic change:The effect of top manager movement on product-market entry[J].Administrative Science Quarterly,1997,42(2):213-236.
[5]Brockner J.The escalation of commitment to a failing course of action:Toward theoretical progress[J].Academy of Management Review,1992,17(1):39-61.
[6]Cao Q,et al.Disentangling the effects of CEO turnover and succession on organizational capabilities:A social network perspective[J].Organization Science,2006,17(5):563-576.
[7]Daft R L.Organization theory and design[M].Singapore:South-Western Pub,2009.
[8]Datta D K,et al.New CEO openness to change and strategic persistence:The moderating role of industry characteristics[J].British Journal of Management,2003,14(2):101-114.
[9]Finkelstein S,et al.Strategic leadership:Theory and research on executives,top management teams,and boards[M].New York:Oxford University Press,2009.
[10]Furtado E P H and Karan V.Causes,consequences,and shareholder wealth effects of management turnover:A review of the empirical evidence[J].Financial Management,1990,19(2):60-75.
[11]Giambatista R C,et al.Nothing succeeds like succession:A critical review of leader succession literature since 1994[J].Leadership Quarterly,2005,16(6):963-991.
[12]Gordon S,et al.Convergence versus strategic reorientation:The antecedents of fast-paced organizational change[J].Journal of Management,2000,26(5):911-945.
[13]Graffin S D,et al.Examining CEO succession and the role of heuristics in early-stage CEO evaluation[J].Strategic Management Journal,2013,34(4):383-403.
[14]Hambrick D C.Upper echelons theory:An update[J].Academy of Management Review,2010,32(2):334-343.
[15]Haynes K T and Hillman A.The effect of board capital and CEO power on strategic change[J].Strategic Management Journal,2007,31(11):1145-1163.
[16]Henderson A,et al.How quickly do CEOs become obsolete?Industry dynamism,CEO tenure,and company performance[J].Strategic Management Journal,2006,27(5):447-460.
[17]Hitt M A,et al.Understanding the differences in Korean and US executives’strategic orientations[J].Strategic Management Journal,1997,18(2):159-167.
[18]Huson M,et al.Internal monitoring mechanisms and CEO turnover:A long-term perspective[J].Journal of Finance,2001,56(6):2265-2298.
[19]Hutzschenreuter T,et al.How new leaders affect strategic change following a succession event:A critical review of the literature.[J].Leadership Quarterly,2012,23(5):729-755.
[20]Karaevli,A.Performance consequences of new CEO“Outsiderness”:Moderating effects of pre-and post-succession contexts[J].Strategic Management Journal,2007,28(7):681-706.
[21]Maitlis S and Ozcelik H.Toxic decision processes:A study of emotion and organizational decision making[J].Organization Science,2004,15(4):375-393.
[22]Ndofor H A,et al.What does the new boss think?How new leaders’cognitive communities and recent“top-job”success affect organizational change and performance[J].Leadership Quarterly,2009,20(2):799-813.
[23]Ocasio,W.Political dynamics and the circulation of power:CEO succession in US industrial corporations,1960-1990[J].Administrative Science Quarterly,1994,39(2):285-312.
[24]Quigley T J and Hambrick D C.When the former CEO stays on as board chair:Effects on successor discretion,strategic change,and performance[J].Strategic Management Journal,2012,33(7):834-859.
[25]Shen W and Cannella A A.Revisiting the performance consequences of CEO succession:The impact of successor type,postsuccession senior executive turnover,and departing CEO tenure[J].Academy of Management Journal,2002a,45(4):717-733.
[26]Shen W and Cannella A A.Power dynamics within top management and their impacts on CEO dismissal followed by inside succession[J].Academy of Management Journal,2002b,45(6):1195-1206.
[27]Song M,et al.Competitive forces and strategic choice decisions:An experimental investigation in the United States and Japan[J].Strategic Management Journal,2002,23(10):969-978.
[28]Watson T J.Strategists and strategy-making:Strategic exchange and the shaping of individual lives and organizational futures[J].Journal of Management Studies,2003,40(5):1305-1323.
[29]Westphal J D and Fredrickson J W.Who directs strategic change?Director experience,the selection of new CEOs,and change in corporate strategy[J].Strategic Management Journal,2001,22(12):1113-1137.
[30]Westphal J D and Bednar M K.Pluralistic ignorance in corporate boards and firms’strategic persistence in response to low firm performance[J].Administrative Science Quarterly,2005,50(2):262-298.
[31]Zhang Y.Information asymmetry and the dismissal of newly appointed CEOs:An empirical investigation[J].Strategic Management Journal,2008,29(8):859-872.
[32]Zhang Y and Rajagopalan,N.Once an outsider,always an outsider?CEO origin,strategic change,and firm performance[J].Strategic Management Journal,2010,31(3):334-346.
①本文所说的“重要文献”是指发表在国外影响因子高于1的管理学期刊上的论文。
②CEO生命周期理论认为,CEO在其任期的不同阶段表现出不同的特征,上任初期比较关注组织创新,并且比较开放。随着任期的延长,CEO会变得比较依赖于既有的组织行为规范和单一的信息渠道(Hambrick和Fukutomi,1991)。
[2]Baron R A.The role of affect in the entrepreneurial process[J].Academy of Management Review,2008,33(2):328-340.
[3]Barron J M,et al.Top management team turnover,CEO succession type,and strategic change[J].Journal of Business Research,2008,64(8):904-910.
[4]Boeker W.Executive migration and strategic change:The effect of top manager movement on product-market entry[J].Administrative Science Quarterly,1997,42(2):213-236.
[5]Brockner J.The escalation of commitment to a failing course of action:Toward theoretical progress[J].Academy of Management Review,1992,17(1):39-61.
[6]Cao Q,et al.Disentangling the effects of CEO turnover and succession on organizational capabilities:A social network perspective[J].Organization Science,2006,17(5):563-576.
[7]Daft R L.Organization theory and design[M].Singapore:South-Western Pub,2009.
[8]Datta D K,et al.New CEO openness to change and strategic persistence:The moderating role of industry characteristics[J].British Journal of Management,2003,14(2):101-114.
[9]Finkelstein S,et al.Strategic leadership:Theory and research on executives,top management teams,and boards[M].New York:Oxford University Press,2009.
[10]Furtado E P H and Karan V.Causes,consequences,and shareholder wealth effects of management turnover:A review of the empirical evidence[J].Financial Management,1990,19(2):60-75.
[11]Giambatista R C,et al.Nothing succeeds like succession:A critical review of leader succession literature since 1994[J].Leadership Quarterly,2005,16(6):963-991.
[12]Gordon S,et al.Convergence versus strategic reorientation:The antecedents of fast-paced organizational change[J].Journal of Management,2000,26(5):911-945.
[13]Graffin S D,et al.Examining CEO succession and the role of heuristics in early-stage CEO evaluation[J].Strategic Management Journal,2013,34(4):383-403.
[14]Hambrick D C.Upper echelons theory:An update[J].Academy of Management Review,2010,32(2):334-343.
[15]Haynes K T and Hillman A.The effect of board capital and CEO power on strategic change[J].Strategic Management Journal,2007,31(11):1145-1163.
[16]Henderson A,et al.How quickly do CEOs become obsolete?Industry dynamism,CEO tenure,and company performance[J].Strategic Management Journal,2006,27(5):447-460.
[17]Hitt M A,et al.Understanding the differences in Korean and US executives’strategic orientations[J].Strategic Management Journal,1997,18(2):159-167.
[18]Huson M,et al.Internal monitoring mechanisms and CEO turnover:A long-term perspective[J].Journal of Finance,2001,56(6):2265-2298.
[19]Hutzschenreuter T,et al.How new leaders affect strategic change following a succession event:A critical review of the literature.[J].Leadership Quarterly,2012,23(5):729-755.
[20]Karaevli,A.Performance consequences of new CEO“Outsiderness”:Moderating effects of pre-and post-succession contexts[J].Strategic Management Journal,2007,28(7):681-706.
[21]Maitlis S and Ozcelik H.Toxic decision processes:A study of emotion and organizational decision making[J].Organization Science,2004,15(4):375-393.
[22]Ndofor H A,et al.What does the new boss think?How new leaders’cognitive communities and recent“top-job”success affect organizational change and performance[J].Leadership Quarterly,2009,20(2):799-813.
[23]Ocasio,W.Political dynamics and the circulation of power:CEO succession in US industrial corporations,1960-1990[J].Administrative Science Quarterly,1994,39(2):285-312.
[24]Quigley T J and Hambrick D C.When the former CEO stays on as board chair:Effects on successor discretion,strategic change,and performance[J].Strategic Management Journal,2012,33(7):834-859.
[25]Shen W and Cannella A A.Revisiting the performance consequences of CEO succession:The impact of successor type,postsuccession senior executive turnover,and departing CEO tenure[J].Academy of Management Journal,2002a,45(4):717-733.
[26]Shen W and Cannella A A.Power dynamics within top management and their impacts on CEO dismissal followed by inside succession[J].Academy of Management Journal,2002b,45(6):1195-1206.
[27]Song M,et al.Competitive forces and strategic choice decisions:An experimental investigation in the United States and Japan[J].Strategic Management Journal,2002,23(10):969-978.
[28]Watson T J.Strategists and strategy-making:Strategic exchange and the shaping of individual lives and organizational futures[J].Journal of Management Studies,2003,40(5):1305-1323.
[29]Westphal J D and Fredrickson J W.Who directs strategic change?Director experience,the selection of new CEOs,and change in corporate strategy[J].Strategic Management Journal,2001,22(12):1113-1137.
[30]Westphal J D and Bednar M K.Pluralistic ignorance in corporate boards and firms’strategic persistence in response to low firm performance[J].Administrative Science Quarterly,2005,50(2):262-298.
[31]Zhang Y.Information asymmetry and the dismissal of newly appointed CEOs:An empirical investigation[J].Strategic Management Journal,2008,29(8):859-872.
[32]Zhang Y and Rajagopalan,N.Once an outsider,always an outsider?CEO origin,strategic change,and firm performance[J].Strategic Management Journal,2010,31(3):334-346.
①本文所说的“重要文献”是指发表在国外影响因子高于1的管理学期刊上的论文。
②CEO生命周期理论认为,CEO在其任期的不同阶段表现出不同的特征,上任初期比较关注组织创新,并且比较开放。随着任期的延长,CEO会变得比较依赖于既有的组织行为规范和单一的信息渠道(Hambrick和Fukutomi,1991)。
引用本文
刘鑫, 薛有志, 周杰. 国外基于CEO变更视角的公司战略变革研究述评[J]. 外国经济与管理, 2013, 35(11): 37–47.
导出参考文献，格式为：
上一篇：商业模式创新概念研究述评与展望
