FCBE professors and Ph.D. students published in the Journal of Management
For release: February 5, 2016
Tsvetomira Bilgili and Christian Calderon, both Department of Management Ph.D. students; Dr. David Allen, former FCBE professor; and Dr. Ben Kedia, professor of Management at Fogelman College recently had their manuscript entitled "Gone with the Wind: A Meta-Analytic Review of Executive Turnover, Its Antecedents, and Post-Acquisition Performance" accepted for publication in the Journal of Management.
The authors build on the theory of relative standing, proposing turnover of the acquired firm's CEO and top management team (TMT) as an important mechanism through which commonly examined firm and deal characteristics influence post-acquisition performance. The examined antecedents represent conditions that create perceptions of diminished relative standing among acquired firm executives post-acquisition. TMT and CEO turnover have opposite effects on post-acquisition performance, and results show that sample and measurement characteristics of primary studies moderate the identified relations. The paper discusses theoretical contributions and provides direction for future research.