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

Hilger, Stefan, Richter, Ansgar and Schäffer, Utz (2013) Hanging Together, Together Hung? Career Implications of Interpersonal Ties Between CEOs and Top Managers Business Research, 6 (1). pp. 8-32.

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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.

Item Type: Article
Divisions : Faculty of Arts and Social Sciences > Surrey Business School
Authors :
NameEmailORCID
Hilger, StefanUNSPECIFIEDUNSPECIFIED
Richter, Ansgara.richter@surrey.ac.ukUNSPECIFIED
Schäffer, UtzUNSPECIFIEDUNSPECIFIED
Date : May 2013
Identification Number : 10.1007/BF03342740
Copyright Disclaimer : © The Author(s) 2013. This article is available under the Creative Commons CC-BY-NC-ND license and permits non-commercial use of the work as published, without adaptation or alteration provided the work is fully attributed.
Uncontrolled Keywords : Corporate governance; Interpersonal ties; Top executive careers; Top executive turnover; Top management teams
Depositing User : Clive Harris
Date Deposited : 14 Dec 2017 11:46
Last Modified : 14 Dec 2017 11:46
URI: http://epubs.surrey.ac.uk/id/eprint/845267

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