TURBULENCE AND CHANGES

Organizations are facing increasing turbulence. However, we still lack a nuanced understanding of how different turbulence with different attributes might alter the change process and how organizational and individuals might cope with the increasing turbulence they are facing. This dissertation contributes to the literature by addressing such research gaps. Two main sections are included in this dissertation. Chapter 2 explores how two macro-level crises, the Great Financial Crisis (GFC) and the COVID-19 pandemic influence venture investors’ preference towards female-founded ventures. Building upon gender role congruity theory and strategic decision-making literature, we argue that crises change the perceived fitness between the female role and the traditional masculine entrepreneurial role through three first-order mechanisms. In addition to external turbulence, chapter 3 studies CEO succession events as one important source of internal turbulence. Specifically, leveraging agency theory and power perspective, we investigate how different succession types influence the potential post-succession firm innovation performance.

Author dc:creator

• FEI JIPENG

• innovation
• CEO succession
• entrepreneurial financing
• crisis
• change
• turbulence