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

机译:首席执行官创业方向对公司战略变革的影响:管理自由裁量权的调节作用

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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.
机译:本研究介绍了首席执行官创业定位与公司发起的战略变革的程度。基于上梯龙的观点和基于关注的观点,本研究提出了首席执行官的创业取向影响了牢固的战略变革的总规模。此外,当环境自行决定或公司的金融松弛相对较高时,首席执行官创业定向和战略变革之间的关系得到加强,以及首席执行官是董事会主席。分析18年期间收集的标准普尔500亿公司的1452年观测结果支持我们的假设。

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