Chief Executive Officer Succession and Board Decision Making: Review and Suggestions for Advancing Industrial and Organizational Psychology, Human Resources Management, and Organizational Behavior Research

Anthony J. Nyberg, Ormonde R. Cragun, Donald J. Schepker

Research output: Contribution to journalReview articlepeer-review

Abstract

We conduct a comprehensive review of the chief executive officer (CEO) succession literature and update a CEO succession typology that incorporated manuscripts published through 2014. Our review illustrates that most of our understanding of succession and related processes stems from research based primarily in macro research traditions. We highlight ways that scholars can develop deeper understandings of CEO successionprocesses by capitalizing on knowledge and practices that are visible from more micro lenses such as industrial and organizational (IO) psychology, human resources (HR), and organizational behavior (OB). Specifically, we advocate applying lessons about recruitment, training, fit, culture, selection, turnover, human capital resources, and decision making from IO psychology, HR, and OB research to extend our understanding about CEO succession and board decision making.

Original languageEnglish (US)
Pages (from-to)173-198
Number of pages26
JournalAnnual Review of Organizational Psychology and Organizational Behavior
Volume8
DOIs
StatePublished - Jan 21 2021

Bibliographical note

Publisher Copyright:
© 2021 Annual Reviews Inc.. All rights reserved.

Keywords

  • CEO
  • CEO dismissal
  • CEO selection
  • CEO succession
  • CEO turnover
  • board decision making
  • chief executive officer

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