Leadership change and corporate social performance: The context of financial distress makes all the difference
Abstract
Change in strategic leadership has important implications for corporate social performance (CSP) and sustainability. As new CEOs have a strong incentive to attend to a broad set of stakeholders to build their trust and reputation within the firm, our study draws on stakeholder salience theory to examine a boundary condition, the presence of financial distress, that might challenge a new CEO's ability to perform such a task. We examine the...
Paper Details
Title
Leadership change and corporate social performance: The context of financial distress makes all the difference
Published Date
Oct 1, 2019
Journal
Volume
30
Issue
5
Pages
101307 - 101307
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History