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Journal article

Cheap talk? Strategy presentations as a form of chief executive officer impression management

Abstract:

Research summary: We develop and test a set of hypotheses on investors' reactions to a specific form of impression management, public presentations of overall strategy by Chief Executive Officers (CEOs). Contrary to expectations from a “cheap talk” perspective, we suggest that such strategy presentations convey valuable information to investors, especially in conditions of heightened information asymmetry associated with varying types of new CEOs. Broad empirical support for our theoretica...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1002/smj.2482

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Said Business School
Role:
Author
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Said Business School
Role:
Author
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Name:
Oxford University Centre for Corporate Reputation
Publisher:
Wiley
Journal:
Strategic Management Journal More from this journal
Volume:
37
Issue:
12
Pages:
2413-2424
Publication date:
2016-03-08
Acceptance date:
2015-11-11
DOI:
EISSN:
1097-0266
ISSN:
0143-2095 and 1097-0266
Pubs id:
pubs:612972
UUID:
uuid:6ace1577-07ca-44c9-8e40-6dcfc041d7b3
Local pid:
pubs:612972
Source identifiers:
612972
Deposit date:
2016-04-07

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