Document Type
Report
Key Takeaways
CEOs’ individual psychology influences firm responses to stakeholder resistance, shaping future strategic actions. • CEOs respond differently to negative press coverage of acquisitions based on their tendency to focus on the past or the future - CEOs with a strong past focus spend less on future acquisitions after negative accounts. • CEOs respond more consistently to investor reactions to acquisition announcements, regardless of temporal focus.
Publication Date
2019
Source
Gamache, D. L. & McNamara, G. (in press). Responding to bad press: How CEO temporal focus influences the sensitivity to negative media coverage of acquisitions. Academy of Management Journal. DOI: 10.5465/amj.2017.0526
Disciplines
Business
Copyright
© 2019, University of South Carolina
Publication Info
Gamache, D. L. & McNamara, G. (in press). Responding to bad press: How CEO temporal focus influences the sensitivity to negative media coverage of acquisitions. Academy of Management Journal. DOI: 10.5465/amj.2017.0526, 2019.