Helping Other CEOs Avoid Bad Press

  title={Helping Other CEOs Avoid Bad Press},
  author={James D. Westphal and S. Park and Michael L. Mcdonald and Mathew L. A. Hayward},
  journal={Administrative Science Quarterly},
  pages={217 - 268}
  • James D. Westphal, S. Park, +1 author Mathew L. A. Hayward
  • Published 2012
  • Business
  • Administrative Science Quarterly
  • In this study, we examine the determinants and consequences of impression management (IM) support in communications between CEOs and journalists, whereby CEOs of other firms provide positive statements about a focal CEO’s leadership and strategy and/or external attributions for low performance at the focal CEO’s firm. Drawing from social exchange theory, our theoretical perspective suggests how IM support may result from norms of reciprocity among corporate leaders. We consider the potential… CONTINUE READING
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