Matches in SemOpenAlex for { <https://semopenalex.org/work/W2956321508> ?p ?o ?g. }
- W2956321508 endingPage "424" @default.
- W2956321508 startingPage "405" @default.
- W2956321508 abstract "Research Question/Issue Does board turnover improve future firm performance? Our research investigates whether and when board turnover is beneficial from an information processing perspective. Research Findings/Insights Drawing from information processing theory, we propose and test a novel model that explains how magnitude of board turnover influences future firm performance, and what pre-turnover board characteristics mitigate the negative impact of board turnover on future firm performance. We find that board turnover negatively influences future firm performance, and pre-turnover board meeting frequency, board job-related diversity, CEO power relative to the board, and board tenure moderate this negative impact. Theoretical/Academic Implications Past findings of the impact of board turnover are limited and equivocal, suggesting the need to conduct more systematic investigation to explain post-turnover firm performance and to consider boundary conditions that affect this relationship. Building on information processing theory, we explain that the negative impact of board turnover on future firm performance is due to disruption of the board's information elaboration ability. Furthermore, we advance the novel perspective that boards which developed higher information elaboration ability prior to turnover can better mitigate the disruption in information processing resulting from board turnover. Practitioner/Policy Implications There are costs to board turnover that should be considered seriously. Our study demonstrates that higher magnitude of board turnover leads to poorer subsequent firm performance. The importance of pre-turnover board's information elaboration ability implies that board turnover should be planned and actively managed—just like CEO succession planning—to minimize information processing disruption from turnover." @default.
- W2956321508 created "2019-07-23" @default.
- W2956321508 creator A5002659859 @default.
- W2956321508 creator A5020094404 @default.
- W2956321508 creator A5058843952 @default.
- W2956321508 creator A5076056310 @default.
- W2956321508 date "2022-05-09" @default.
- W2956321508 modified "2023-10-01" @default.
- W2956321508 title "Does board turnover enhance firm performance? A contingency approach" @default.
- W2956321508 cites W1568421525 @default.
- W2956321508 cites W1826371289 @default.
- W2956321508 cites W1901489336 @default.
- W2956321508 cites W1943537396 @default.
- W2956321508 cites W1967400042 @default.
- W2956321508 cites W1970251998 @default.
- W2956321508 cites W1984726256 @default.
- W2956321508 cites W1985583167 @default.
- W2956321508 cites W1987043606 @default.
- W2956321508 cites W1988050849 @default.
- W2956321508 cites W1992614378 @default.
- W2956321508 cites W1993794559 @default.
- W2956321508 cites W1995698170 @default.
- W2956321508 cites W2011854722 @default.
- W2956321508 cites W2015541788 @default.
- W2956321508 cites W2018581816 @default.
- W2956321508 cites W2023381034 @default.
- W2956321508 cites W2023579566 @default.
- W2956321508 cites W2028261688 @default.
- W2956321508 cites W2029057170 @default.
- W2956321508 cites W2038520498 @default.
- W2956321508 cites W2040198418 @default.
- W2956321508 cites W2044655601 @default.
- W2956321508 cites W2046509580 @default.
- W2956321508 cites W2064126333 @default.
- W2956321508 cites W2067868909 @default.
- W2956321508 cites W2074684231 @default.
- W2956321508 cites W2077774959 @default.
- W2956321508 cites W2083097222 @default.
- W2956321508 cites W2083802225 @default.
- W2956321508 cites W2084682363 @default.
- W2956321508 cites W2085619076 @default.
- W2956321508 cites W2087467701 @default.
- W2956321508 cites W2088913158 @default.
- W2956321508 cites W2091506346 @default.
- W2956321508 cites W2100922849 @default.
- W2956321508 cites W2103718393 @default.
- W2956321508 cites W2120640394 @default.
- W2956321508 cites W2127036993 @default.
- W2956321508 cites W2128511883 @default.
- W2956321508 cites W2132919553 @default.
- W2956321508 cites W2140221699 @default.
- W2956321508 cites W2148634369 @default.
- W2956321508 cites W2148953225 @default.
- W2956321508 cites W2159012497 @default.
- W2956321508 cites W2162995756 @default.
- W2956321508 cites W2163404287 @default.
- W2956321508 cites W2167615822 @default.
- W2956321508 cites W2317477511 @default.
- W2956321508 cites W2324843366 @default.
- W2956321508 cites W2563234394 @default.
- W2956321508 cites W2760250684 @default.
- W2956321508 cites W2767550560 @default.
- W2956321508 cites W2790590023 @default.
- W2956321508 cites W2790995628 @default.
- W2956321508 cites W2795124408 @default.
- W2956321508 cites W2809819810 @default.
- W2956321508 cites W2814063514 @default.
- W2956321508 cites W2915939758 @default.
- W2956321508 cites W2962339898 @default.
- W2956321508 cites W3121217189 @default.
- W2956321508 cites W3121494871 @default.
- W2956321508 cites W3121897833 @default.
- W2956321508 cites W3122859634 @default.
- W2956321508 cites W3122991787 @default.
- W2956321508 cites W3123356351 @default.
- W2956321508 cites W3123977841 @default.
- W2956321508 cites W3124212252 @default.
- W2956321508 cites W3125156192 @default.
- W2956321508 cites W3125541002 @default.
- W2956321508 cites W3151896489 @default.
- W2956321508 cites W3159465020 @default.
- W2956321508 cites W4206222289 @default.
- W2956321508 cites W4232273043 @default.
- W2956321508 cites W4232428046 @default.
- W2956321508 cites W4233607161 @default.
- W2956321508 cites W4239620676 @default.
- W2956321508 cites W4243688399 @default.
- W2956321508 cites W4249624191 @default.
- W2956321508 cites W4252010774 @default.
- W2956321508 cites W4253582327 @default.
- W2956321508 cites W4253622640 @default.
- W2956321508 cites W4254759995 @default.
- W2956321508 doi "https://doi.org/10.1111/corg.12455" @default.
- W2956321508 hasPublicationYear "2022" @default.
- W2956321508 type Work @default.
- W2956321508 sameAs 2956321508 @default.
- W2956321508 citedByCount "1" @default.
- W2956321508 countsByYear W29563215082023 @default.