The dynamics of the CEO-board relationship: An evolutionary perspective

Research output: Contribution to journalReview article

155 Scopus citations

Abstract

This note addresses both CEO leadership development and the control of managerial opportunism in the CEO-board relationship through an evolutionary perspective. Based on the analysis of the evolution of CEOs' leadership and power, I propose that boards need to focus on CEO leadership development in early CEO tenure, but to shift toward the control of managerial opportunism as CEOs prove their leadership on the job. I also discuss measures that may influence CEO leadership development in early CEO tenure and/or the control of managerial opportunism in later CEO tenure.

Original languageEnglish (US)
Pages (from-to)466-476
Number of pages11
JournalAcademy of Management Review
Volume28
Issue number3
DOIs
StatePublished - Jul 2003
Externally publishedYes

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management of Technology and Innovation

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