CEO tenure and entrepreneurial orientation within family and nonfamily firms

• Autores: J. Ruben Boling, Torsten M. Pieper, Jeffrey G. Covin
• Localización: Entrepreneurship: Theory & Practice, ISSN-e 1540-6520, Vol. 40, Nº. 4, 2016, págs. 891-913
• Idioma: inglés
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• Dialnet Métricas: 5 Citas
• Resumen

  • The current research investigates how entrepreneurial orientation changes during a chief executive officer (CEO)'s tenure in family and nonfamily firms. Based on secondary data collected from 210 firms representing five industries, the results show an inverse U-shaped relationship between CEO tenure and entrepreneurial orientation, consistent with the executive life cycle literature. Moreover, in family firms the shape of the inverse U is less pronounced and the level of entrepreneurial orientation peaks considerably later in the CEO's tenure when compared with nonfamily firms.