The Research on CEO Succession Source,Organizational Slack and Internationalization Process of Chinese Firms
The paper collects a sample of 395 Chinese listed manufacturing companies with CEO succession events and internationalization behaviors from 2007 to 2018 to analyze the internal logical relationship between CEO succession(internal succession,external succession),organizational slack and the internationalization process of Chinese enterprises(internationalization speed,pace and scope).And the boundary conditions of international environmental uncertainty between CEO succession and organizational slack are discussed.The results show that compared with internal CEOs,external CEOs tend to have a larger scope of internationalization,a faster pace of internationalization,and a more irregular pace of internationalization.Organizational slack plays a significant U-shaped non-linear mediating role between CEO succession and the scope and speed of internationalization,but not between CEO succession and the pace of internationalization.International environmental uncertainty negatively moderates the relationship between CEO succession and organizational slack.
CEO sourceinternationalization processorganizational slackinternational environment uncertainty