scholarly journals Synergy of Top Management Team Demographics, Strategy and Structure: Empirical Evidence on Performance of Public Enterprises

2018 ◽  
Vol 13 (2) ◽  
pp. 108
Author(s):  
Zachary B. Awino ◽  
Bwire Joseph Francis
Keyword(s):  
Organizational Structure ◽  
Chief Executive Officers ◽  
Corporate Strategy ◽  
Theory Of The Firm ◽  
Chief Executive ◽  
Hierarchical Regression ◽  
Future Research ◽  
Cross Sectional ◽  
Corporate Strategies ◽  
Executive Officers

The study conceptualized the collective effect of TMT demographics, corporate strategy and organizational structure on performance of Kenyan PEs. TMT demographics have been posited to influence performance however; this position has been largely tautological and hence required more empirical testing. The study adopted a cross-sectional descriptive survey in which a semi-structured questionnaire was used to obtain data. The questionnaire was administered through a drop and pick method to a sample of 117 Chief Executive Officers. The study used both descriptive and inferential statistics for purposes of data analysis. Descriptive statistics used included mean, standard deviation, coefficients of variation (CVs) and t-tests. Inferential analysis involved the use of multivariate and hierarchical regression analyses. The findings of the study indicated that jointly TMT demographics, corporate strategy and organizational structure significantly influenced performance of PEs. The findings informed theories (upper echelon, configuration, institutional an behavioural theory of the firm) by showing their relevance and applicability in day-to-day organizational operation; decision makers at managerial level are guided on how to choose TMTs with the right mix of demographics, and policy makers on development of guidelines and policies that define the required TMT demographics during recruitment who can develop corporate strategies and adopt structures that bring about stellar performance. The limitations of this study pin-points some areas that need further research in the future. For instance, a qualitative research with variables such as culture and leadership could be considered for future research.

scholarly journals Toward a Working Model of Leadership in Nonprofit Sport Governance

2019 ◽  
Vol 33 (3) ◽  
pp. 189-202 ◽  
Author(s):  
Ian O’Boyle ◽  
David Shilbury ◽  
Lesley Ferkins
Keyword(s):  
Chief Executive Officers ◽  
Leadership Skills ◽  
Chief Executive ◽  
Future Research ◽  
Limited Attention ◽  
Study Approach ◽  
Working Model ◽  
Executive Officers ◽  
Scholarly Discourse

The aim of this study is to explore leadership within nonprofit sport governance. As an outcome, the authors present a preliminary working model of leadership in nonprofit sport governance based on existing literature and our new empirical evidence. Leadership in nonprofit sport governance has received limited attention to date in scholarly discourse. The authors adopt a case study approach involving three organizations and 16 participant interviews from board members and Chief Executive Officers within the golf network in Australia to uncover key leadership issues in this domain. Interviews were analyzed using an interpretive process, and a thematic structure relating to leadership in the nonprofit sport governance context was developed. Leadership ambiguity, distribution of leadership, leadership skills and development, and leadership and volunteerism emerged as the key themes in the research. These themes, combined with existing literature, are integrated into a preliminary working model of leadership in nonprofit sport governance that helps to shape the issues and challenges embedded within this emerging area of inquiry. The authors offer a number of suggestions for future research to refine, test, critique, and elaborate on our proposed working model.

CEO statements on racial inequity – (how) do they matter to shareholders?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pyemo Afego ◽  
Imhotep Alagidede
Keyword(s):  
Chief Executive Officers ◽  
Social Issues ◽  
Chief Executive ◽  
Future Research ◽  
Research Approach ◽  
Content Type ◽  
Racial Injustice ◽  
Communication Decisions ◽  
Executive Officers ◽  
The Impact

Purpose The purpose of this study is to explore how citizen protests against perceived acts of racial injustice impact on share prices of companies who weigh in on the protests. In particular, corporate statements that directly address the issues around the protests are identified and possible mechanisms underlying how these may impact shareholder value are discussed. Design/methodology/approach The authors first use a qualitative research approach of content and sentiment analysis to track how companies or their chief executive officers (CEOs) present their stance against racial injustice, as represented by their use of linguistic markers. Then, the authors use an event study methodology to assess the response from stock market participants. Findings The findings suggest that CEOs primarily convey their stance using language that is emotive and empathic. In addition, shareholders earn a significant abnormal return of 2.13%, on average, in the three days following the release of the statements. Research limitations/implications This study considered only US-listed companies. The sample size, also, is relatively small. Institutional and cultural differences across countries may also vary. Thus, future research could explore the extent to which the findings generalize to other contexts. Practical implications Results provide insights to top managers who communicate with various stakeholders on emotionally charged social issues. Findings also offer insights on the timing of trades for investors and arbitrageurs. Social implications Findings contribute to the understanding of corporate behaviour in times of social upheaval. Insights from the study may also be used to inform corporate communication decisions about important social issues. Originality/value This study brings into focus the role that affective appeal and moral emotion can play in evoking motivation for corporate activism, and the impact that this has on investor opinions’ formation process.

Board effectiveness in corporate crises: lessons from the evolving empirical research

2014 ◽  
Vol 14 (4) ◽  
pp. 531-542 ◽  
Author(s):  
Gianpaolo Abatecola ◽  
Vincenzo Farina ◽  
Niccolò Gordini
Keyword(s):  
Empirical Research ◽  
Chief Executive Officers ◽  
International Comparisons ◽  
Chief Executive ◽  
Future Research ◽  
Board Effectiveness ◽  
Content Type ◽  
Turnaround Strategies ◽  
Executive Officers ◽  
Corporate Crises

Purpose – This article aims to comment on how the empirical research on board effectiveness in crisis contexts has been evolving over time. Over the years, the empirical evidences have demonstrated that particular board features can improve the survival chances of firms suffering a crisis and, to date, experts agree that discussing these evidences is necessary for the further improvement of knowledge in this field. Design/methodology/approach – This is a critical review article. Findings – Valuable evidences emerge from the review. For example, it seems that board independence has a key role in enhancing the performance of firms suffering a crisis. At the same time, the review suggests that further refinement is needed for supporting (or eventually refuting) the idea that boards and/or Chief Executive Officers (1) must be replaced to achieve successful turnaround strategies. Originality/value – On the basis of its findings, the review also prospects a number of conceptual and methodological implications for the future research and practice about board effectiveness in corporate crises. For example, these implications are associated with future investigations about the executives’ sociodemographic features and personality traits as well. More international comparisons seem also needed to improve the reliability of the extant knowledge.

scholarly journals Examining CEOs’ Moral Reasoning in the Automotive Industry

2019 ◽  
Vol 11 (21) ◽  
pp. 5972
Author(s):  
Beatriz García-Ortega ◽  
Blanca de-Miguel-Molina ◽  
Javier Galán-Cubillo
Keyword(s):  
Moral Reasoning ◽  
Automotive Industry ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Future Research ◽  
Ethical Behaviors ◽  
Ethical Performance ◽  
Tone At The Top ◽  
Executive Officers ◽  
Corporate Social

This paper examines the moral reasoning trends of CEOs (chief executive officers) in the automotive industry, gauging their relations to ethical behaviors and scandals as well as analyzing the influence of scandals and other factors on their moral reasoning. For such a purpose, we carried out a moral reasoning categorization for the top 15 automotive companies in vehicle production in 2017 by applying Weber’s method to letters written by CEOs for the period 2013–2018. A positive global trend was observed, with some CEOs reaching high levels, although the evolution was uneven without clear patterns and, in the light of facts, not sufficient, at least in the short term. We also found evidence linking the moral reasoning stages with the ethical performance of companies and introduced the concept “tone ‘into’ the top”, reflecting how CEO moral reasoning can be shaped by the company and external factors. This paper stresses the importance of considering the moral tone at the top in relation to company ethical behaviors and the interest of education in business ethics. The outcome is useful for CEOs and other managers seeking to improve corporate social responsibility (CSR) and company ethical performance and to anticipate conflicts as well as to leverage for future research.

scholarly journals Perceived mutual impact of strategy and organizational structure: Findings from the high-technology enterprises

2016 ◽  
Vol 22 (5) ◽  
pp. 599-622 ◽  
Author(s):  
Agnieszka Zakrzewska-Bielawska
Keyword(s):  
Organizational Structure ◽  
Chief Executive Officers ◽  
Innovation Process ◽  
High Technology ◽  
Chief Executive ◽  
Global Marketplace ◽  
Two Phases ◽  
Executive Officers ◽  
The Impact ◽  
The Relationship

AbstractThe paper aims to investigate the relationship between strategy and structure in the high-technology enterprises. The study attempts to ascertain how chief executive officers perceive the impact of strategy on organizational structure, and likewise impact of structure on strategy, at two phases in the innovation process: the phase of innovation exploration; and the phase of innovation exploitation. The research was conducted in 61 high-technology companies based in Poland that operate either in Poland or in the global marketplace. The results show that, during the exploration of innovation, chief executive officers consider that the impact of organizational structure on strategy is stronger than the impact of strategy on structure. During the exploitation of innovations, the impact of strategy on structure is stronger.

scholarly journals Impact of Electricity Service Quality on the Performance of Manufacturing SMEs in Nigeria

2017 ◽  
Vol 3 (1) ◽  
pp. 1-10
Author(s):  
Abdulrahman Muhammed ◽  
Issa Abdulraheem ◽  
Ismaila Yusuf
Keyword(s):  
Service Quality ◽  
Financial Performance ◽  
Chief Executive Officers ◽  
Small And Medium Enterprises ◽  
Chief Executive ◽  
Future Research ◽  
Simple Regression Analysis ◽  
Executive Officers ◽  
Medium Enterprises ◽  
The Impact

Purpose: The objective of this paper is to determine the impact of electricity service quality on both financial and non-financial performance of manufacturing Small and Medium Enterprises SMEs in Nigeria. Design/Methodology/Approach: Survey questionnaire was used to collect data from 201 Managers, Chief executive officers and owner managers of SMEs that are members of Manufacturers Association of Nigeria MAN. Simple regression analysis was done with the use of SPSS version 22.0. Findings: The results indicate that quality of electricity tends to account for more than 50% of the variances in the financial and non-financial performance of manufacturing SMEs in Nigeria. Implications/Originality/Value: This paper contributes to the existing literature on the empirical investigation into the use of service quality as a measure of electricity service and also emphasizes the importance of electricity to the performance of manufacturing SMEs in the developing countries. It recommends that future research may consider collecting longitudinal data to eliminate bias related to time.

Celebrity CEOs’ credibility, image of their brands and consumer materialism

2021 ◽  
Vol 38 (6) ◽  
pp. 638-651
Author(s):  
Richard Huaman-Ramirez ◽  
Dwight Merunka
Keyword(s):  
Chief Executive Officers ◽  
Structural Equation ◽  
Brand Image ◽  
Chief Executive ◽  
Cross Sectional Study ◽  
Equation Modeling ◽  
Online Questionnaire ◽  
Cross Sectional ◽  
Content Type ◽  
Executive Officers

Purpose This paper aims to model and estimate how celebrity chief executive officers (CEOs) credibility (i.e. expertise, trustworthiness, attractiveness) is related to their brand image (i.e. functional, sensory/visual). This paper further examines the effects of consumer materialism on both celebrity CEOs’ credibility and the image of their brand. Design/methodology/approach A total of 260 participants knowledgeable of CEOs and their corresponding brands completed an online questionnaire in a cross-sectional study. The data were analyzed through covariance-based structural equation modeling. Findings Celebrity CEOs’ expertise and attractiveness are positively related to both functional and sensory/visual images of their brands. Results also demonstrate the positive effect of materialism on both celebrity CEOs’ credibility and brand image. Research limitations/implications The research was conducted in one country (France) using a cross-sectional design. Additional studies in other settings or countries should be carried out to establish the generalizability of results and strengthen causality inferences. Practical implications CEOs need to understand and manage their key role as celebrities, given the direct influence they may have on consumer brand perceptions and behavior. Originality/value This study refines the relationship between celebrity CEOs’ credibility and brand image. It is the first to introduce and validate the effect of consumer materialism on the perception of celebrity CEOs.

Consequences of Increased Compensation Disclosure Transparency: Evidence From CEO Pay in Acquiring Firms

2018 ◽  
Vol 35 (4) ◽  
pp. 667-695 ◽  
Author(s):  
Isabel Yanyan Wang ◽  
Xue Wang ◽  
Daniel Wangerin
Keyword(s):  
Chief Executive Officers ◽  
Poor Performance ◽  
Chief Executive ◽  
Securities And Exchange Commission ◽  
Cross Sectional ◽  
Disclosure Regulation ◽  
Acquiring Firms ◽  
Ceo Pay ◽  
Compensation Disclosure ◽  
Executive Officers

We investigate the consequences of increased compensation disclosure transparency on the pay for chief executive officers (CEOs) in firms that are more prone to a misalignment between manager and shareholder interests. Prior research documents that acquiring CEOs’ pay is insensitive to poor post-deal performance after firms complete large acquisitions. Using the 2006 Securities and Exchange Commission (SEC) compensation disclosure regulation as our empirical setting, we find that this result disappears after firms begin to provide more transparent compensation disclosure. Our cross-sectional analyses show that acquiring firms with higher quality compensation disclosure exhibit greater CEO pay sensitivity to poor post-deal performance after 2006. Our findings indicate that increased compensation disclosure transparency helps strengthen the relation between CEO pay and poor performance in acquiring firms.

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