The king is dead, long live...who? Sudden deaths of owner-managers and successor characteristics' performance implications

Sieger, Philipp; Bau, Massimo; Chirico, Francesco (November 2017). The king is dead, long live...who? Sudden deaths of owner-managers and successor characteristics' performance implications (Unpublished). In: Strategic Management Society, 37th Annual Conference, October 28-31, 2017, Houston, USA. Houston, USA. 28.-31.10.2017.

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When the owner-manager of a business suddenly dies, who should take over? We address this fundamental but unanswered question by investigating how specific CEO successor characteristics and factors related to their relationships with the firm and the deceased ownermanager affect a firm’s performance distress after the incumbent ownermanager’s sudden death. Drawing on the resource-based view and information asymmetry literature and using a longitudinal sample from Sweden with over 1’500 sudden death events in the period 2000-2007, we reveal multiple interesting findings which offer important implications for theory and practice.

Item Type:

Conference or Workshop Item (Paper)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Innovation Management > Management

UniBE Contributor:

Sieger, Philipp

Subjects:

600 Technology > 650 Management & public relations

Language:

English

Submitter:

Philipp Sieger

Date Deposited:

17 Jul 2018 11:22

Last Modified:

17 Jul 2018 11:22

URI:

https://boris.unibe.ch/id/eprint/118338

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