Becker, Philipp Benedikt, Klarner, Patricia. 2021. CEO Cognitive Complexity, Cognitive Flexibility, and Strategic Change: The Moderating Role of CEO Tenure. 41st SMS Annual Conference, Toronto, Kanada, 18.09. - 21.09.
BibTeX
Abstract
We examine the effect of CEO tenure on the relationship between CEO cognition and strategic change. We focus on two fundamental cognitive map properties: cognitive complexity and cognitive flexibility. Applying a novel methodological approach, which combines a topic modeling algorithm, trained on over 681 million words, with network analysis, we measure the complexity of cognitive maps as well as their degree of adaptation over time. Results from a panel data analysis of 355 companies show that the effect of cognitive complexity on strategic change becomes increasingly negative as the CEO´s tenure progresses. Conversely, the effect of cognitive flexibility on strategic change becomes increasingly positive over the course of the CEO´s tenure. Our study contributes novel insights into the cognitive microfoundations of strategic change by introducing a dynamic perspective on cognitive maps.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Paper presented at an academic conference or symposium |
Language | English |
Title | CEO Cognitive Complexity, Cognitive Flexibility, and Strategic Change: The Moderating Role of CEO Tenure |
Event | 41st SMS Annual Conference |
Year | 2021 |
Date | 18.09. - 21.09. |
Country | Canada |
Location | Toronto |
URL | https://www.strategicmanagement.net/virtual-toronto/overview/overview |
Associations
- People
- Becker, Philipp Benedikt (Details)
- Klarner, Patricia (Details)
- Organization
- Institute for Organization Design IN (Details)