Document Type

Report

Key Takeaways

CFOs who match the CEO’s speech pattern receive higher compensation and are more likely to earn a board seat. • Behavioral mimicry enhances the CFO’s position more when the CEO has greater power within the company. • • Mimicry by the CFO leads to more acquisitions which are a) greater in value, b) paid for with more stock, c) received more poorly by investors, and d) less value creating.

Publication Date

2018

Source

Shi, W., Zhang, Y., & Hoskisson, R.E. Forthcoming. Examination of CEO-CFO social interaction through language style matching: Outcomes for the CFO and the organization. Academy of Management Journal.

Disciplines

Business

Copyright

© 2018, University of South Carolina

Included in

Business Commons

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