The King Is Dead -Long Live Who? A Family and Firm Embeddedness Perspective On Succession After The CEO-Owner's Sudden Death

Journal of Management Studies (forthcoming)

52 Pages Posted: 31 Dec 2024 Last revised: 31 Dec 2024

See all articles by Kimberly A. Eddleston

Kimberly A. Eddleston

Northeastern University - Entrepreneurship and Innovation

Philipp Sieger

University of Bern

Francesco Chirico

Jonkoping University - Jonkoping International Business School (JIBS); Macquarie University, Macquarie Business School

Massimo Bau’

Jonkoping University

Date Written: December 17, 2024

Abstract

We would like to thank Bob Hoskisson and James Combs for their valuable feedback and suggestions on an earlier version of the manuscript. experience the lowest. Our social embeddedness perspective on succession after the CEOowner's sudden death therefore contends that successor embeddedness explains differences in an SME's financial health, with the importance of successor firm tenure overshadowing the effect of family status.

Keywords: SME, social embeddedness, succession, sudden death

Suggested Citation

Eddleston, Kimberly and Sieger, Philipp and Chirico, Francesco and Chirico, Francesco and Bau’, Massimo,

The King Is Dead -Long Live Who? A Family and Firm Embeddedness Perspective On Succession After The CEO-Owner's Sudden Death

(December 17, 2024). Journal of Management Studies (forthcoming), Available at SSRN: https://ssrn.com/abstract=5061435 or http://dx.doi.org/10.2139/ssrn.5061435

Kimberly Eddleston

Northeastern University - Entrepreneurship and Innovation ( email )

Boston, MA 02115
United States

Philipp Sieger

University of Bern ( email )

Francesco Chirico (Contact Author)

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Massimo Bau’

Jonkoping University

SE-551 11 Jonkoping
Sweden

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