A LITTLE HELP HERE? BOARD CONTROL, CEO IDENTIFICATION WITH THE CORPORATE ELITE, AND STRATEGIC HELP PROVIDED TO CEOS AT OTHER FIRMS

    Authors

    M. L. McDonald;J. D. Westphal

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    Abbreviated Journal Title

    Acad. Manage. J.

    Keywords

    ORGANIZATIONAL IDENTIFICATION; PROCEDURAL JUSTICE; DECISION-MAKING; SOCIAL IDENTITY; ADVICE NETWORKS; PERFORMANCE; PERSPECTIVES; SELF; GOVERNANCE; MANAGEMENT; Business; Management

    Abstract

    This study contributes to the corporate governance literature by demonstrating how greater board of director control of management at a given firm can have unanticipated adverse effects on the leadership of other companies. We specifically show that greater board control reduces affected CEOs' willingness to provide various forms of strategic help (e.g., advice on strategic issues) to other CEOs, making it more difficult for other-company CEOs to access assistance on strategic matters that would otherwise enhance their firms' performance. Our theory and results indicate that these effects are mediated by CEOs' reduced social identification with the "corporate elite."

    Journal Title

    Academy of Management Journal

    Volume

    53

    Issue/Number

    2

    Publication Date

    1-1-2010

    Document Type

    Article

    Language

    English

    First Page

    343

    Last Page

    370

    WOS Identifier

    WOS:000277657300007

    ISSN

    0001-4273

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