A preference for diversity has been identified as an important predictor of tie formation in certain networks, both social and organizational, that also exhibit a high degree of suppleness – the ability to retain their general form and character under stress (Durkheim, 1893/1997; Powell et al., 1996;...

We examine how leadership transition affects firm performance in emerging economies. Building upon the social embeddedness and neo-institutional perspectives, we argue for the importance of alignment between successor origin and social context for firm performance. We suggest that as a baseline...