2014
DOI: 10.1177/1548051814535639
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An Inductive Study of Foreign CEOs of Japanese Firms

Abstract: Over the last 15 years, some well-known Japanese firms (e.g., Mazda, Mitsubishi, and Nissan) made an unusual hiring decision-these firms hired a foreign CEO. This decision broke norms at the organizational and national levels. At the organizational level, norms were broken because foreign CEOs were hired for the first time in the firms' history. At the national level, norms were broken because Japan has historically seen a low hiring rate of foreign CEOs. In 2012, foreign CEOs constituted only 1% of new CEO ap… Show more

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Cited by 8 publications
(5 citation statements)
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References 44 publications
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“…Such a reconstruction of the past is subject to errors and biases. Our study approach, relying on public news media documents, avoids such errors and biases, and it is increasingly being used in leadership and management journals (e.g., Pandey and Pandey ; Pandey and Rhee ). Building on the idea that donors develop a “moral biography” over their lifetime of giving (Schervish ), we decided to generate donor biographies for each donor in our sample.…”
Section: Methodsmentioning
confidence: 99%
“…Such a reconstruction of the past is subject to errors and biases. Our study approach, relying on public news media documents, avoids such errors and biases, and it is increasingly being used in leadership and management journals (e.g., Pandey and Pandey ; Pandey and Rhee ). Building on the idea that donors develop a “moral biography” over their lifetime of giving (Schervish ), we decided to generate donor biographies for each donor in our sample.…”
Section: Methodsmentioning
confidence: 99%
“…Firms may employ a foreign CEO when there is no talented domestic executive (Seelhofer, 2010). Pandey and Rhee (2015) investigate firm-level determinants of hiring foreign CEOs and how those CEOs affect a firm's strategy by employing 13 Japanese firms as a case study. The findings reveal that foreign CEOs tend to apply unconventional changes to firms' strategies.…”
Section: Foreign Ceomentioning
confidence: 99%
“…Outsourcing is regarded as a key enabler to achieving superior optimization of resources, economic acuity, and passing on some gains to the customer, which often translates into financial benefits for the business. [35] Strategic sourcing has appeared to be a vital enabler in the international supply chain, to also offers risk minimization, arising in part from the diversity of a supply chain and the role economics plays in business sustainability. Sourcing alternatives may be vital for companies in the fashion industry to contend with rivals in an emerging global market, where the ability to have inventory on time, prevents the loss of customers.…”
Section: Business Strategies In a Global Environmentmentioning
confidence: 99%