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Why top management team characteristics matter when employing a chief operating officer: a strategic contingency perspective

Marcel, Jeremy J. - ;

Critics of the CEO/COO duo have stressed that this arrangement burdens the firm with increased costs and decreases the CEO's effectiveness. This study adopts an upper echelon perspective to argue that the presence of a COO may also create TMT-level information-processing benefits that can improve firm performance in certain conditions. Data from a sample of 153 firms in five industries highlight a strong positive relationship between the presence of a COO and two established measures of firm performance: return on assets and market-to-book ratio. The data also suggest that those relationships are contingent on the broader characteristics of the TMT..Printed journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Strategic Management Society
Edisi-
SubjekPerformance evaluation
Chief executive officers
Effectiveness
Information processing
studies
Chief operating officers
Upper management
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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