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DTSTAMP:20250102T100233
DTSTART;TZID=America/Detroit:20250131T133000
DTEND;TZID=America/Detroit:20250131T150000
SUMMARY:Workshop / Seminar:When Do Nice Guys Finish Last? Prosociality and the Psychological Model of CEO-Firm Matching
DESCRIPTION:Prosocial CEOs increase employee motivation but incur higher costs when implementing layoffs. We present a psychological model of CEO-firm matching wherein negative industry shocks requiring downsizing asymmetrically degrade the match quality for prosocial CEOs. We find that\, during periods of increasing Chinese import competition\, prosocial CEOs show higher rates of both forced and unforced turnover. They are succeeded by less prosocial CEOs who are less likely to be charity volunteers\, externally recruited\, use less employee-friendly language\, or lean Republican in political orientation. We find no effects on CEO functional background\, indicating that boards specifically recruit low-prosocial CEOs. Our study highlights psychological characteristics as a key consideration in the executive labor market and provides a theoretical basis for anecdotal accounts of wartime and peacetime CEOs.
UID:130370-21865811@events.umich.edu
URL:https://events.umich.edu/event/130370
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Business,Capitalism,Career,Center For Social Solutions,China,Corporate,Discussion,Economics,Entrepreneurship,Free,Future Of Work,In Person,Interdisciplinary,Leadership,Lecture,Organizational Studies,Presentation,Research,seminar,Speaker,Talk
LOCATION:Ross School of Business - R0220
CONTACT:
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