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Ceo Succession, Honing, And Enterprising: A Promising Way To Achieve Small Business Performance?

Author

Listed:
  • MATS WESTERBERG

    (Luleå University of Technology, SE-971 87, Luleå, Sweden)

  • JOAKIM WINCENT

    (Luleå University of Technology, SE-971 87, Luleå, Sweden)

Abstract

This study examines CEO succession in small firms and the impact of CEO honing and enterprising competence on firm performance within a contingency framework. In a study of 162 small firms, we hypothesize that a newly appointed CEO will bring entrepreneurship to its small firms, but the results do not support this. Instead, the results indicate that a new CEO tends to introduce honing in the firm. Only CEO market enterprising had a direct relation to better performance. However, we find several instances of moderation effects attributable to strategic competence, environmental uncertainty, and the nature of tasks in the company.

Suggested Citation

  • Mats Westerberg & Joakim Wincent, 2008. "Ceo Succession, Honing, And Enterprising: A Promising Way To Achieve Small Business Performance?," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 117-132.
    • Handle: RePEc:wsi:jdexxx:v:13:y:2008:i:02:n:s1084946708000880
    DOI: 10.1142/S1084946708000880
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    Cited by:

    1. Curraj, Erjon & Lab, SDAG, 2020. "BUSINESS DIGITALIZATION OF SMEs IN ALBANIA: INNOVATIVE APPROACHES AND THEIR IMPACT ON PERFORMANCE," Thesis Commons p3yq9, Center for Open Science.
    2. , Aisdl, 2018. "BUSINESS DIGITALIZATION OF SMEs IN ALBANIA," OSF Preprints m9vgw, Center for Open Science.

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