kaal:claim:3071378-017

Top management retains support only so long as others in the corporate structure keep them in power, which gives incumbents an incentive to keep upper management composition unchanged.

Source quote, verbatim

Second, top management are supported so long as others in the corporate structure continue to hold them in power.64 This gives them an incentive to keep the upper management the same.

From

Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017), III.1 Corporate Structure, p. 16
https://ssrn.com/abstract=3071378 · source PDF

Cite as

Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378

Holds when

hierarchical corporate structures where incumbency depends on internal support

Classification

mechanismsupport: arguedrisk-and-incentives

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