A CEO-issues Model of Firm Performance for Single-business Manufacturers - The Case Centre

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Management article

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Reference no. ASOLJ03-07

Authors: Bruce A. Walters (Oklahoma City University); Richard L Priem (University of Texas at Arlington)

Published by: Allied Business Academies

Published in: "Academy of Strategic and Organizational Leadership Journal", 1999

Length: 13 pages

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Abstract

This field study examines the performance implications of CEO succession plans and compensation perceptions in a sample of single-business manufacturing firms. Zajac (1990) tested these relationships in his 'CEO-issues model of firm performance' using a sample of the largest US corporations. Our study replicates Zajac's (1990) earlier work, but uses a sample of CEOs who head smaller, single-business manufacturing firms. Our results indicate that smaller-firm CEOs who perceive a connection between their firm's wealth and their own reputation are associated with higher-performing firms.

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Abstract

This field study examines the performance implications of CEO succession plans and compensation perceptions in a sample of single-business manufacturing firms. Zajac (1990) tested these relationships in his 'CEO-issues model of firm performance' using a sample of the largest US corporations. Our study replicates Zajac's (1990) earlier work, but uses a sample of CEOs who head smaller, single-business manufacturing firms. Our results indicate that smaller-firm CEOs who perceive a connection between their firm's wealth and their own reputation are associated with higher-performing firms.

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Reference no. ASOLJ03-11

Authors: Thomas Box (Pittsburg State University); Todd A. West (Independent Author); Larry R Watts (Stephen F. Austin State University); Michelle L. Whisman (Pittsburg State University)

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