Abstract

In a rapidly changing business environment, curiosity, defined as the urge to search for new information and experiences, can be highly beneficial for CEOs and their strategic decision-making. Despite increasing research on the role of executive personality in strategic decisions, we lack deeper insights into the role of CEO curiosity. Our study fills this void by studying the role of CEO curiosity in strategic change. We suggest that CEO curiosity is positively associated with strategic change. We also introduce environmental dynamism and CEO power as important moderators. Our study contributes to upper echelons research by unveiling the so far understudied but important role of CEO curiosity in strategic change. It also contributes to strategic change research by providing insights into how CEO personality and dynamic contextual factors influence strategic change.

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