Beschreibung
This book examines the effect of a CEOs functional experience and social capital on firm performance. Knowledge that came from a CEOs functional experience is based on skills, expertise and activities that a CEO has attained. Knowledge that came from social capital is based on day-to-day interactions, is more up-to-date and relates to the business environment of the firm. These diverse knowledge and skills allow a CEO to address the threats and opportunities that the firm faces. Using the earlier and well-established experience categorization of Hambrick and Masons Upper Echelon Theory (1984), output- and throughput- function experience, we examine the impact of a CEOs experience and diversity of ties across industries on the firms ability to create and appropriate value and eventually to create competitive advantage. To this end, we collected data on CEOs, top management teams (TMTs) and the financial performance of Fortune 500 companies over a 10-year period (from 2003 to 2012). Our findings highlight the significant impact of a CEOs and TMTs functional experience and social capital on the firms value creation and appropriation.
Autorenporträt
Inbar Gotlib Rivkin graduated BA in Business Administration and LLB. During my academic studies, research has been a source of interest, creativity and development for me.
Herstellerkennzeichnung:
BoD - Books on Demand
In de Tarpen 42
22848 Norderstedt
DE
E-Mail: info@bod.de
