The CEO Effect in HQ Relocation Decisions: A Microfoundational Perspective

Activity: Talk or presentationScience to science


In this paper, I investigate which role chief executive officers (CEOs) take in cross-border headquarters (HQ) relocations. Building on extant literature on HQ relocations and on anecdotal evidence from qualitative insights, I argue that CEOs represent a driving force in HQ relocation decisions. Using arguments primarily from upper echelons theory, I theorize how CEO (outside) succession and CEO characteristics affect a firm’s propensity to relocate its HQ. I test the hypotheses with a hand-collected multi-country panel dataset of 157 corporate HQ relocations in Europe in the period between 2000 and 2019. I aim at contributing to research on the antecedents of HQ relocations, on the importance of microfoundations in global strategy, and on the impact of individual managers on the organizational structure of firms.
Period26 Oct 202030 Oct 2020
Event titleStrategic Management Society Annual Conference
Event typeUnkonwn
Degree of RecognitionInternational

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 506009 Organisation theory
  • 502044 Business management
  • 502052 Business administration