International experience in the executive suite: the path to prosperity?

✍ Scribed by Catherine M. Daily; S. Trevis Certo; Dan R. Dalton

• Book ID: 101240187
• Publisher: John Wiley and Sons
• Year: 2000
• Tongue: English
• Weight: 62 KB
• Volume: 21
• Category: Article
• ISSN: 0143-2095
• DOI: 10.1002/(sici)1097-0266(200004)21:4<515::aid-smj92>3.0.co;2-1

✦ Synopsis

Attention is increasingly focused on the potential individual career and firm-level benefits of international experience for upper level executives. This research examines the relationships between CEO international experience, CEO tenure, firm internationalization, succession events, and corporate financial performance. Results indicate a significant interactive effect between CEO tenure and outside succession on CEO international experience. In addition to a relationship with CEO international experience, there are two additional interactive effects in the examination of corporate financial performance: (1) CEO international experience and the degree of firm internationalization, and (2) CEO international experience and CEO succession. These interactive effects are evident in accounting and market indicators of corporate financial performance.