Abstract
Based on the upper echelons theory, this study of 126 CEO successions and 271 foreign market entry events examines the relationships between successor CEO characteristics and choice of entry mode. Results indicate that CEO position tenure, throughput functional background, and international experience are associated with full-control entry modes. Additionally, these relationships were observed in the subgroup of high-performing firms but not in the low-performing subgroup.
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*Pol Herrmann is Assistant Professor of International Management in the College of Business at Iowa State University. His research focuses on international strategies and strategic leadership.
**Deepak K. Datta is Professor of Strategic Management and Charles Oswald Faculty Fellow at the University of Kansas. His research interests include CEO selection, top management demography and international strategies.
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Herrmann, P., Datta, D. CEO Successor Characteristics and the Choice of Foreign Market Entry Mode: An Empirical Study. J Int Bus Stud 33, 551–569 (2002). https://doi.org/10.1057/palgrave.jibs.8491031
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DOI: https://doi.org/10.1057/palgrave.jibs.8491031