Abstract
Our study examines how CEO values of self-enhancement and self-transcendence influence both short- and long-term firm performance. Self-enhancement focuses on power and achievement while self-transcendence emphasizes the welfare of others in various settings. We hypothesized and tested whether CEOs with these two values differentially influence short- and long-term firm performance, and the mediating role of organizational culture using a longitudinal survey study of 262 CEOs of Chinese firms from 2003 to 2007. Our results show that self-enhancement relates to short-term performance while self-transcendence leads to long-term performance, as CEOs develop a corporate culture of innovativeness and stakeholder consideration.
Original language | English (US) |
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DOIs | |
State | Published - 2009 |
Event | 69th Annual Meeting of the Academy of Management, AOM 2009 - Chicago, IL, United States Duration: Aug 7 2009 → Aug 11 2009 |
Conference
Conference | 69th Annual Meeting of the Academy of Management, AOM 2009 |
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Country/Territory | United States |
City | Chicago, IL |
Period | 8/7/09 → 8/11/09 |
Keywords
- CEO values
- Stakeholders
- Upper echelons
ASJC Scopus subject areas
- Management Information Systems
- Management of Technology and Innovation
- Industrial relations