Options
Philipp E.M. Mueller
Former Member
Last Name
Mueller
First name
Philipp E.M.
Phone
+41 71 224 2448
Now showing
1 - 4 of 4
-
PublicationThe Curse of Extremes: Generalist Career Experience and CEO Initial Compensation(Sage Publ., 2020-05)
;Peck, SimonStudies argue that generalist CEOs are more valued by the market for executive labor and receive higher initial compensation. Challenging this prevailing assumption, we acknowledge the drawbacks of extensive career mobility and predict an inverted U-shape relationship between CEO generalist career experience and CEO initial compensation. Integrating the generalism and specialization views of human capital, we postulate that at an initial level, the acquisition of experience-breadth from different firms and industries enables CEOs to broaden their knowledge-base, obtain a variety of skills, and thus increase their labor-market value and initial compensation. After a threshold, however, the accumulation of extensive levels of career generalism through frequent job-hopping across firm and industry contexts gradually causes a lack of experience-depth and insufficient career specialization – thereby triggering lower CEO market-value and initial pay. Data from 197 CEO appointments in large publicly traded firms support our predictions. Our results also show that the observed inverted U-shape relationship varies with factors nested at different layers of context – highlighting the contingent nature of this area of research.Type: journal articleJournal: Journal of ManagementIssue: online firstScopus© Citations 25 -
PublicationCEO generalist experience and CEO pay(Academy of Management Conference, 2019-08)Type: conference paper
-
PublicationJack of all trades or master of none? CEO experience variety and firm performance(Academy of Management Meeting, 2017-08)Type: conference paper
-
PublicationType: conference paper