Stay or Leave: Director Identities and Voluntary Exit from the Board During Organizational Crisis
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- Michael C. Withers
- Mays Business School, Texas A&M University, College Station, Texas 77843
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- Kevin G. Corley
- Department of Management, W. P. Carey School of Business, Arizona State University, Tempe, Arizona 85287
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- Amy J. Hillman
- Department of Management, W. P. Carey School of Business, Arizona State University, Tempe, Arizona 85287
説明
<jats:p> Directors may play their most important role during organizational crisis; however, extant research suggests that they are often more willing to exit than remain on the board of a firm facing a crisis. We develop theory regarding directors' voluntary exit by integrating insights from identity theories with the organizational crises literature. Specifically, we model how directors' individual, relational, and collective identities work sometimes in concert and other times in opposition to each other to influence directors' voluntary decisions to remain on or exit from a board facing an organizational crisis. </jats:p>
収録刊行物
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- Organization Science
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Organization Science 23 (3), 835-850, 2012-06
Institute for Operations Research and the Management Sciences (INFORMS)
