Document Type
Report
Key Takeaways
The likelihood that the board will dismiss the CEO when the firm performs poorly increases when the firm has invested resources that are different from the industry norm. • The increased likelihood of CEO dismissal associated with extreme resource investments is further increased when the board has more industry experience. • The increased likelihood of CEO dismissal associated with extreme resource investments is further increased when the board has more experience with the CEO
Publication Date
2020
Source
Louca, C., Petrou, A.P., Procopiou, A. (2019). When does the board blame the CEO for poor firm performance? Extreme resource reallocation and the board’s industry and CEO experience. British Academy of Management, In press.
Disciplines
Business
Copyright
© 2020, University of South Carolina
Publication Info
Louca, C., Petrou, A.P., Procopiou, A. (2019). When does the board blame the CEO for poor firm performance? Extreme resource reallocation and the board’s industry and CEO experience. British Academy of Management, In press., 2020.