The effect of CEO entrepreneurial orientation on firm strategic change: The moderating roles of managerial discretion

被引:13
|
作者
Wang, Linlin [1 ]
Jiang, Wan [2 ]
Ma, Xifang [3 ]
机构
[1] Nankai Univ, Business Sch, Tianjin, Peoples R China
[2] Tianjin Univ, Coll Management & Econ, Tianjin 300071, Peoples R China
[3] Shanghai Jiao Tong Univ, Natl Acad Strategy, Antai Coll Econ & Management, Shanghai, Peoples R China
基金
中国国家自然科学基金;
关键词
CEO entrepreneurial orientation; Strategic change; Managerial discretion; Upper echelons theory; Attention-based view; MANAGEMENT TEAM SIZE; ORGANIZATIONAL PERFORMANCE; ENVIRONMENTAL DYNAMISM; RESEARCH THEMES; UPPER ECHELONS; DUALITY; ATTENTION; BOARD; TENURE; COMPENSATION;
D O I
10.1016/j.jengtecman.2021.101616
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the relationship between CEO entrepreneurial orientation and the magnitude of strategic change initiated by the firm. Based on the upper echelons perspective and the attention-based view, this study proposes that CEO entrepreneurial orientation affects a firm?s overall magnitude of strategic change. In addition, the relationship between CEO entrepreneurial orientation and strategic change is strengthened when the environmental discretion or the firm?s financial slack is relatively high, as well as when the CEO is the chair of the board. The results on analyzing 1452 observations from S&P 500 firms collected for an 18-year period support our hypotheses.
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页数:12
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