IDEAS home Printed from https://ideas.repec.org/a/inm/ormnsc/v37y1991i1p34-52.html
   My bibliography  Save this article

Stale in the Saddle: CEO Tenure and the Match Between Organization and Environment

Author

Listed:
  • Danny Miller

    (Ecole des Hautes Etudes Commerciales, 5255 avenue Decelles, Montreal, Quebec, Canada and Visiting Professor, McGill University and University of Alberta)

Abstract

It has often been argued that an organization's strategy and structure must be tailored or matched to the challenges posed by its environment. Our research shows that this match is less likely to be achieved by long-tenured CEO's than by their counterparts with less tenure. It also suggests that the failure to match strategy and environment hurts financial performance. More specifically, CEO tenure related inversely to the prescribed match between organization and environment, especially in uncertain settings and where ownership was concentrated. The match between environment and strategy was in turn positively related to financial performance.

Suggested Citation

  • Danny Miller, 1991. "Stale in the Saddle: CEO Tenure and the Match Between Organization and Environment," Management Science, INFORMS, vol. 37(1), pages 34-52, January.
  • Handle: RePEc:inm:ormnsc:v:37:y:1991:i:1:p:34-52
    DOI: 10.1287/mnsc.37.1.34
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mnsc.37.1.34
    Download Restriction: no

    File URL: https://libkey.io/10.1287/mnsc.37.1.34?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:37:y:1991:i:1:p:34-52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.