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Corporate Recruitment and Networks in Germany: Change, Stability, or Both?
Die Rekrutierung von CEOs und ihre Netzwerke in Deutschland: Wandel, Stabilität, oder beides?
[journal article]
Abstract This article analyzes the recruitment of CEOs at the 100 largest German companies, focusing on how the transition from "Deutschland AG" to integration with European and global markets has impacted the recruitment and career patterns as well as networks of German CEOs. This study found signs of both ... view more
This article analyzes the recruitment of CEOs at the 100 largest German companies, focusing on how the transition from "Deutschland AG" to integration with European and global markets has impacted the recruitment and career patterns as well as networks of German CEOs. This study found signs of both continuity and change. The percentage of technically educated German CEOs, as well as CEOs with a Ph.D., continues to be quite high. In contrast, the professionalization of managerial positions in Germany, the decline in corporate tenure, and a gradually opening recruitment market reflect the changing orientation of German corporate culture toward international markets. The analysis of the overall corporate network and its components reveals that the density of the overall corporate network in Germany has increased, which corresponds to the increased number of CEOs with shared alumni experience as well as with additional connections through various policy associations. The density of co-worker networks has, however, decreased. The structure of the German corporate network is not unified but consists of a set of highly dense groups (cliques). The findings and their implications for further research on change in German corporate structures are discussed.... view less
Keywords
economic elite; network; executive; power; Federal Republic of Germany; organizational culture; globalization; management; recruitment; career
Classification
Management Science
Free Keywords
CEO; connection
Document language
English
Publication Year
2018
Page/Pages
p. 73-97
Journal
Historical Social Research, 43 (2018) 4
Issue topic
Challenged Elites - Elites as Challengers: The Impact of Civil Activism, Populism and the Economic Crisis on Elite Structures, Orientations and Agendas
ISSN
0172-6404
Status
Published Version; peer reviewed