Does the Risk of Managerial Entrenchment Affect CEO Dismissal in Family SMEs?
- Jonathan Bauweraerts
- Olivier Colot
Abstract
The aim of this study is to identify the determinants of CEO dismissal in Belgian family SMEs. Based on a survey launched to 2.000 SMEs, 102 CEO dismissals were identified as well as other relevant features related to the family character of the firm. Logistic regressions have been used to explain CEO dismissal by several variables related to governance. The results indicate a significant influence of CEO attributes such as age and tenure on CEO dismissal. Also, firm age has been shown to enhance CEO dismissal. The other governance variables do not lead to significant findings. Taken together, these results suggest that specific risks of managerial entrenchment can explain CEO turnover in the context of family SMEs.
- Full Text:
PDF
- DOI:10.5539/ibr.v8n10p41
Journal Metrics
h-index (January 2024): 102
i10-index (January 2024): 947
h5-index (January 2024): N/A
h5-median(January 2024): N/A
( The data was calculated based on Google Scholar Citations. Click Here to Learn More. )
Index
- Academic Journals Database
- ACNP
- ANVUR (Italian National Agency for the Evaluation of Universities and Research Institutes)
- CNKI Scholar
- COPAC
- CrossRef
- EBSCOhost
- EconBiz
- ECONIS
- EconPapers
- Elektronische Zeitschriftenbibliothek (EZB)
- EuroPub Database
- Excellence in Research for Australia (ERA)
- Genamics JournalSeek
- Google Scholar
- Harvard Library
- IBZ Online
- IDEAS
- Infotrieve
- Kobson
- LOCKSS
- Mendeley
- MIAR
- Norwegian Centre for Research Data (NSD)
- PKP Open Archives Harvester
- Publons
- Qualis/CAPES
- RePEc
- ResearchGate
- ROAD
- Scilit
- SHERPA/RoMEO
- SocioRePEc
- Technische Informationsbibliothek (TIB)
- The Keepers Registry
- UCR Library
- Universe Digital Library
- ZBW-German National Library of Economics
- Zeitschriften Daten Bank (ZDB)
Contact
- Kevin DuranEditorial Assistant
- ibr@ccsenet.org