National power distance, status incongruence, and CEO dismissal
Weiwen Li,
Yuan Lu,
Shige Makino and
Chung-Ming Lau
Journal of World Business, 2017, vol. 52, issue 6, 809-818
Abstract:
Using a large database of public companies from 22 countries, we examine the independent and interactive effects of national power distance and status incongruence on the likelihood of CEO dismissal. Status incongruence exists in a top management team when there is an inconsistency of social status and hierarchical status among top management team members. We find that whereas national power distance decreases the likelihood of CEO dismissal, status incongruence has a positive effect on CEO dismissal. Furthermore, the positive effect of status incongruence is more salient in high power distance societies.
Keywords: Status incongruence; CEO dismissal; Power distance; Comparative and international corporate governance (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1090951617305862
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:52:y:2017:i:6:p:809-818
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/bibliographic
http://www.elsevier. ... 620401/bibliographic
DOI: 10.1016/j.jwb.2017.08.001
Access Statistics for this article
Journal of World Business is currently edited by David Collings and Jonathan Doh
More articles in Journal of World Business from Elsevier
Bibliographic data for series maintained by Catherine Liu ().