Executive appointment and strategy: analysis of declining, reckless, leading companies of postwar Japan

2014 Fiscal Year Final Research Report

• Project/Area Number: 23530469
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Business administration
• Research Institution: Fukuyama University
• Principal Investigator: HINO Emiko 福山大学, 経済学部, 准教授 (40550059)
• Co-Investigator(Kenkyū-buntansha): MISHINA Kazuhiro 神戸大学, 経営学研究科, 教授 (40283155)
• Project Period (FY): 2011-04-28 – 2015-03-31
• Keywords: 社長 / 経営者 / 役員 / 役員人事 / 在任期間 / 職歴

Outline of Final Research Achievements

The research is designed to build the foundation for top management theory in the context of strategy and performance. Analysis objects are presidents who made huge losses by diversification or globalization and presidents of manufacturing companies. We found that even an heavily-favored presidents with mainstream career could cause a catastrophe and neither carrot nor stick could prevent reckless strategies. It is revealed that tenure of presidents of high profit growth companies is longer than that of low profit growth companies and causal relation is under investigation.

Free Research Field

経営者論，経営戦略論