Impermanent Power, Contested Power: The Circulation of Chief Executive Officers in U. S. Industrial Corporations, 1960-1990 (Classic Reprint) - Softcover
Synopsis
The book argues that CEO power in U.S. industrial firms is not fixed, but shaped by shifting political dynamics on the board.
It offers a clear framework for understanding how executives gain, lose, and contest control over their organizations, across a 30-year span of study.
The work contrasts two competing ideas: one that CEOs entrench their power, and another that power decays and is constantly renegotiated. Through an event-history analysis, it shows how tenure, board composition, and performance interact to influence CEO succession. The result is a grounded look at how internal politics can shield leaders from market pressures, and how governance structures shape the fate of top executives.- Learn the two models of power in organizations: institutionalization versus circulation, and how they predict CEO behavior.
- See how board dynamics, such as the mix of inside and outside directors, affect a CEO’s ability to steer the firm.
- Explore why poor performance does not always trigger turnover, and how obsolescence and contestation drive change over time.
- Discover implications for understanding corporate governance, succession, and leadership strategy in large public firms.
"synopsis" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Impermanent Power, Contested Power: The Circulation...
Stock Image
Impermanent Power, Contested Power (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book challenges the popular conception that CEOs are able to entrench their power, arguing instead that power is impermanent and subject to a 'circulation of power', with executives constantly grappling with obsolescence and contestation. Drawing on theories of circulating elites developed by Mosca, Pareto, and Michels, the author posits two main mechanisms that lead to the circulation of CEOs: technical and political obsolescence, and the contestation of power. The author presents a model of power dynamics that highlights the political struggles and incessant contestations that are always present within organizations, arguing that the power of the CEO and their coalition is always subject to contestation, with periods of stability being only temporary interruptions of this underlying struggle. This model is contrasted with a more traditional view of institutionalization of power, where power is seen as becoming increasingly entrenched over time. The author tests these competing hypotheses using an event history analysis of CEO transitions in US industrial corporations from 1960-1990, finding greater support for the model of circulation of power. The book offers a fresh perspective on the role of power and politics in shaping organizational behavior, and challenges the assumption that CEOs are able to develop and maintain stable and cohesive political coalitions that support their power base. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332245697_0
Buy New
US$ 17.42
Free Shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: Over 20 available
Stock Image
Impermanent Power, Contested Power
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332245697
Stock Image
Impermanent Power, Contested Power
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332245697
Buy New
US$ 23.90
US$ 4.41 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 15 available