CEO tenure and bank diversification in Indonesia Angriawan Arifin1, Ang Tyson2, Rarick Charles3, He Wei4 1Professor of Strategic Management at Purdue University Northwest2200 169th Street, Hammond, IN46323, U.S. 2User Experience Researcher Keller Williams Realty, Inc.1221 South Mopac Expressway Suite 110Austin, TX78746, U.S. 3Professor Emeritus at Purdue University Northwest2200 169th St.Hammond, IN46323, U.S. 4(Correspondence Author) is Associate Professor of Management at Purdue University Northwest1401 S U.S. 421, Tech 197, Westville, IN46391, U.S. Online published on 12 April, 2023. Abstract Research has catalogued the impacts of tenure of top managers on firm performance and strategic decision making. Previous studies have examined the impacts of top managers as teams or CEOs. The present study extends the literature by examining the impacts of CEO tenure on the Indonesian bank diversification. The empirical results of this study suggest that prior performance and CEO tenure negatively associate with diversification. The present study confirms that our understanding of the role of prior performance and tenure apply as well in the contexts of bank diversification and a national culture which is different from western countries where most of the previous studies took place. Furthermore, the non-significant moderating impact of prior performance on the relationship between CEO tenure and bank diversification may indicate the heightened effects of CEOs and national culture. Top Keywords CEO Tenure, Bank Diversification and National Culture. Top |