International experience in the executive suite: The path to prosperity?

Catherine M. Daily, S. Trevis Certo, Dan R. Dalton

Research output: Contribution to journalArticle

236 Scopus citations

Abstract

Attention is increasingly focused on the potential individual career and firm-level benefits of international experience for upper level executives. This research examines the relationships between CEO international experience, CEO tenure, firm internationalization, succession events, and corporate financial performance. Results indicate a significant interactive effect between CEO tenure and outside succession on CEO international experience. In addition to a relationship with CEO international experience, there are two additional interactive effects in the examination of corporate financial performance: (1) CEO international experience and the degree affirm internationalization, and (2) CEO international experience and CEO succession. These interactive effects are evident in accounting and market indicators of corporate financial performance.

Original languageEnglish (US)
Pages (from-to)515-523
Number of pages9
JournalStrategic Management Journal
Volume21
Issue number4
DOIs
StatePublished - Apr 2000
Externally publishedYes

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Keywords

  • CEO international experience
  • CEO succession
  • Degree of internationalization
  • Firm performance

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management

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