Beschreibung
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.| Zeitraum | 8 Juli 2021 → 10 Juli 2021 |
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| Ereignistitel | 37th EGOS Colloquium 2021 |
| Veranstaltungstyp | Keine Angaben |
| Bekanntheitsgrad | International |