Exogenous shocks: Definitions, types, and causal identification issues

Philippe Jacquart, Simone Santoni*, Simeon Schudy, Jost Sieweke, Michael Withers

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

The article systematically explores exogenous shocks in leadership and management research. It introduces a special issue of The Leadership Quarterly emphasizing how naturally occurring events like financial crises, pandemics, and regulatory changes can be used for empirical research. Then, it reviews various conceptualizations and ways of integrating exogenous shocks into empirical strategies. Finally, it categorizes exogenous shocks based on their extent, timescale, and granularity of intervention, highlighting challenges in causal identification.
Original languageEnglish
Article number101823
Pages (from-to)101823
JournalThe Leadership Quarterly
Volume35
Issue number5
DOIs
Publication statusPublished - Sept 2024

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