SUCCESSION AS A SOCIOPOLITICAL PROCESS: INTERNAL IMPEDIMENTS TO OUTSIDER SELECTION.

Albert A. Cannella · Michael Lubatkin

468 citations0/0 files storedAcademy of Management Journal

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Human Resource and Talent Management Corporate Finance and Governance Family Business Performance and Succession

Abstract

Although traditional adaptive theory implies that poor organizational performance will directly increase the likelihood that an outsider will be selected to succeed a firm's chief executive, we dev...

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