Title
A Little Help Here? Board Control, Ceo Identification With The Corporate Elite, And Strategic Help Provided To Ceos At Other Firms
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." © Academy of Management Journal.
Publication Date
4-1-2010
Publication Title
Academy of Management Journal
Volume
53
Issue
2
Number of Pages
343-370
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.5465/amj.2010.49389006
Copyright Status
Unknown
Socpus ID
77951701959 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/77951701959
STARS Citation
McDonald, Michael L. and Westphal, James D., "A Little Help Here? Board Control, Ceo Identification With The Corporate Elite, And Strategic Help Provided To Ceos At Other Firms" (2010). Scopus Export 2010-2014. 1440.
https://stars.library.ucf.edu/scopus2010/1440