The Process of CEO Dismissal: An Exploratory study
Koskinen, S. (2018). The Process of CEO Dismissal: An Exploratory study. Electronic Journal of Business Ethics and Organization Studies, 23(2), 4-12. http://ejbo.jyu.fi/pdf/ejbo_vol23_no2_pages_4-12.pdf
Date
2018Discipline
Basic or discovery scholarshipJohtaminenBasic or discovery scholarshipManagement and LeadershipCopyright
© Business and Organization Ethics Network (BON)
The decision to change the CEO
is one of the most important
decisions of the Board of Directors
in a company. This study increases
understanding of the process that
leads to a Board’s decision to
dismiss the CEO under conditions
of poor performance, and of the
meaning of attributions in CEO
dismissal. The role of the Chair of
the Board in this process is also
explored. An exploratory, empirical
study concerning nine CEO dismissal
processes is conducted based
on open-ended interviews with
seven Chairpersons of the Board.
The findings shed light on the
issues that impact the relationship
between poor company performance
and CEO dismissal. In particular,
the results increase understanding
of the influential role of the Chair
in the governance context of CEO
non-duality, i.e., separated roles of
CEO and Chair. It is proposed that
social forces and changing dynamics
in the social relationships between
the Chair, the CEO and other Board
Directors are likely to ha
...
Publisher
Business and Organization Ethics Network (BON)ISSN Search the Publication Forum
1239-2685Keywords
Original source
http://ejbo.jyu.fi/pdf/ejbo_vol23_no2_pages_4-12.pdfPublication in research information system
https://converis.jyu.fi/converis/portal/detail/Publication/28784699
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