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Development of trust in the CEO-chair relationship

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Koskinen, S., & Lämsä, A.-M. (2017). Development of trust in the CEO-chair relationship. Baltic Journal of Management, 12(3), 274-291. https://doi.org/10.1108/BJM-02-2017-0029
Published in
Baltic Journal of Management
Authors
Koskinen, Satu |
Lämsä, Anna-Maija
Date
2017
Discipline
Basic or discovery scholarshipJohtaminenBasic or discovery scholarshipManagement and Leadership
Copyright
© Emerald Publishing Limited, 2017. This is a final draft version of an article whose final and definitive form has been published by Emerald. Published in this repository with the kind permission of the publisher.

 
Purpose The purpose of this paper is to explore the trust development in the dyadic relationship of CEO and chair of the board. Design/methodology/approach A narrative approach is adopted to examine the meanings that CEOs and chairpersons give to trust in their relationship, and to explore trust as an evolving phenomenon that can increase or decline over the course of the relationship. The data include 16 CEO-chair dyads from Finnish limited companies. Findings The results suggest that trust may exist on different levels and evolve in various ways during the course of the relationship. Integrity and agreement on company strategy are proposed to form the foundation for trust in the CEO-chair relationship, whereas ability and benevolence are necessary for trust to develop to a higher level. Research limitations/implications Studying trust development based on the data generated at one point of time and in only one country are the major limitations of the study. Practical implications It is proposed that the level of trust influences value creation in the relationship. Originality/value The study adds to the limited number of previous studies on the CEO-chair relationship and contributes to the literature on trust development by making visible the viewpoint of both partners, and the meaning of the different components of trust. ...
Publisher
Emerald Publishing Limited
ISSN Search the Publication Forum
1746-5265
Keywords
henkilösuhteet luottamus hallituksen puheenjohtajat toimitusjohtajat narratiivinen tutkimus interpersonal relations trust chairpersons of the board chief executive officers narrative analysis
DOI
https://doi.org/10.1108/BJM-02-2017-0029
URI

http://urn.fi/URN:NBN:fi:jyu-201708073425

Publication in research information system

https://converis.jyu.fi/converis/portal/detail/Publication/27123052

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