Becker, Philipp Benedikt, Klarner, Patricia. 2021. CEO Cognitive Complexity, Cognitive Flexibility, and Strategic Change: The Moderating Role of CEO Tenure. 37th EGOS Colloquium 2021, Amsterdam, Niederlande, 08.07-10.07.

RIS

@CONFERENCE{Becker2021,
title = {CEO Cognitive Complexity, Cognitive Flexibility, and Strategic Change: The Moderating Role of CEO Tenure},
author = {Philipp Benedikt Becker and Patricia Klarner},
year = {2021},
address = {Amsterdam},
url = {https://egosnet.org/2021_amsterdam/ONLINE_Colloquium-2021},
language = {EN},
misc = {37th EGOS Colloquium 2021},
abstract = {We examine the effect of CEO tenure on the relationship between CEO cognition and strategic change. We focus on two fundamental cognitive map properties: cognitive complexity and cognitive flexibility. Applying a novel methodological approach, which combines a topic modeling algorithm, trained on over 681 million words, with network analysis, we measure the complexity of cognitive maps as well as their degree of adaptation over time. Results from a panel data analysis of 355 companies show that the effect of cognitive complexity on strategic change becomes increasingly negative as the CEO´s tenure progresses. Conversely, the effect of cognitive flexibility on strategic change becomes increasingly positive over the course of the CEO´s tenure. Our study contributes novel insights into the cognitive microfoundations of strategic change by introducing a dynamic perspective on cognitive maps.},
}