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The King is Dead, Long Live...Who? Sudden Deaths of Owner-Managers and Successor Characteristics' Performance Implication
University of Bern, Switzerland.
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).ORCID iD: 0000-0002-7499-9289
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.ORCID iD: 0000-0002-3742-542X
2017 (English)Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

When the owner-manager of a business suddenly dies, who should take over? We address this fundamental but unanswered question by investigating how specific CEO successor characteristics and factors related to their relationships with the firm and the deceased ownermanager affect a firm’s performance distress after the incumbent ownermanager’s sudden death. Drawing on the resource-based view and information asymmetry literature and using a longitudinal sample from Sweden with over 1’500 sudden death events in the period 2000-2007, we reveal multiple interesting findings which offer important implications for theory and practice.

Place, publisher, year, edition, pages
Strategic Management Society , 2017.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-38818OAI: oai:DiVA.org:hj-38818DiVA, id: diva2:1182333
Conference
Strategic Management Society, 37th Annual Conference, October 28-31, 2017, Houston, USA
Available from: 2018-02-13 Created: 2018-02-13 Last updated: 2018-09-11Bibliographically approved

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Baù, MassimoChirico, Francesco

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  • Other locale
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