The private life of CEOs; A strategic leadership perspective |
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| Institution: | 1. UWA Business School, University of Western Australia, 35 Stirling Highway (M261), 6009 Perth, Australia;2. Department of Management, Monash Business School, Monash University, 900 Dandenong Rd (N7.32), Caulfield East, VIC 3145, Australia;3. WHU Otto Beisheim School of Management, Burgplatz 2 (D-221), D-56179 Vallendar, Germany;1. LEM (UMR 9221), University of Lille, France;2. Sciences Po Grenoble, Université Grenoble Alpes, CESICE, France;3. EM Strasbourg Business School, University of Strasbourg, France;4. Moscow State Institute of International Relations (MGIMO University), Russia;1. University of Vechta, Germany;2. Ghent University, Belgium;1. Department of Management, G. Brint Ryan College of Business, University of North Texas, Denton, TX 76201, United States;2. School of Business, University of Northern British Columbia, Prince George, BC V6T 1Z4, Canada |
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| Abstract: | Major events in the private lives of CEOs have been a source of fascination for decades. However, despite gaining traction, studies on the relevant phenomena (e.g., marriage, divorce, parenthood, illness) remain scattered in parallel across disciplines. We thematically review the interdisciplinary evidence on the fast-emerging literature on CEO private life events (72 unique studies) to consolidate our understanding of how private life events can become reflected in the professional domains of CEO influence. Through this approach, we comprehensively intersect empirical progress on CEO life events with key strategic leadership outcomes (i.e., performance, strategy, socio-ethical issues, innovation, governance), allowing us to identify key gaps and highlight inconsistencies. We then propose several research opportunities and challenges to move the field from phenomenon-driven standalone studies to a more coherent research program on the blurred boundaries between the private and professional lives of CEOs. |
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| Keywords: | CEOs Life events Strategic leadership |
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