Stepping into Ill-Fitting Shoes: Local Status Contrasts and Acquisitiveness of New CEOs

The authors contributed equally to this work. The authors are immensely grateful to editor-in-chief Dan Levinthal and the two anonymous reviewers for insightful feedback during the review process. This paper has benefited from the feedback of seminar participants at the Indian Institute of Management in Bangalore, the Indian Institute of Management Kozhikode, and Simon Fraser University. An earlier version of this paper was presented at the Academy of Management annual meeting in 2016. The authors acknowledge the excellent research assistance by Aditya Soni, Andy Lai, Remya Velayudhan Neela, and Reza Vajihollahi.