Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/287417 
Year of Publication: 
2021
Citation: 
[Journal:] Journal of Business Economics [ISSN:] 1861-8928 [Volume:] 92 [Issue:] 6 [Publisher:] Springer [Place:] Berlin, Heidelberg [Year:] 2021 [Pages:] 929-954
Publisher: 
Springer, Berlin, Heidelberg
Abstract: 
Academics and practitioners emphasize the rising importance of Chief Human Resource Officers (CHROs). CHROs act as heads of staff—they motivate the personnel and offer guidance. This study helps clarify the impact of increasingly relevant CHROs and reveals how their company and role tenure influence firms' social performance. Drawing on a multisource longitudinal dataset of S&P 500 firms, we empirically validate our hypotheses. The sample contains 283 companies with 1944 firm-year observations from 2005 to 2017 and combines manually collected top management team data with data from Thomson Reuters Datastream. Our results show that there is a negative relation between CHROs with long company tenure and firms' social performance, whereas CHROs with long role tenure positively relate to firms' social performance. We also investigate the moderating role of CEO prior experience (i.e., HR experience, education, company and role experience) on the effect of CHRO company and role tenure on firms' social performance. Surprisingly, CEO prior experience negatively moderates the relationship between CHRO role tenure and firms' social performance. Overall, this article offers novel implications for the CHRO role and uncovers a distinction between two types of CHROs: CHRO firm dinosaurs versus CHRO role gorillas.
Subjects: 
CHRO company tenure
CHRO role tenure
Firm social performance
CEO prior experience
Upper echelons research
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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