The Origin of Chief Executive Officers and Performance in Hybrid Businesses: The Case of Microfinance

2018 ◽  
Vol 57 (4) ◽  
pp. 1578-1594
Author(s):  
Roy Mersland ◽  
Leif Atle Beisland ◽  
Daudi Pascal
Keyword(s):  
Chief Executive Officers ◽  
Chief Executive ◽  
And Performance ◽  
Executive Officers

Effect of leadership styles on organizational commitment and performance in small- and medium-sized enterprises in Iraqi Kurdistan

2020 ◽  
Vol 48 (9) ◽  
pp. 1-12
Author(s):  
Karwan Hamasalih Qadir ◽  
Mehmet Yeşiltaş
Keyword(s):  
Organizational Commitment ◽  
Organizational Performance ◽  
Leadership Styles ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Mediating Effect ◽  
Positive Effects ◽  
Iraqi Kurdistan ◽  
And Performance ◽  
Executive Officers

Since 2003 the number of small- and medium-sized enterprises (SMEs) has increased exponentially in Iraqi Kurdistan. To facilitate further growth the owners and chief executive officers of these enterprises have sought to improve their leadership skills. This study examined the effect of transactional and transformational leadership styles on organizational commitment and performance in Iraqi Kurdistan SMEs, and the mediating effect of organizational commitment in these relationships. We distributed 530 questionnaires and collected 400 valid responses (75% response rate) from 115 SME owners/chief executive officers and 285 employees. The results demonstrate there were positive effects of both types of leadership style on organizational performance. Further, the significant mediating effect of organizational commitment in both relationships shows the importance of this variable for leader effectiveness among entrepreneurs in Iraqi Kurdistan, and foreign entrepreneurs engaging in new businesses in the region.

It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance

2007 ◽  
Vol 52 (3) ◽  
pp. 351-386 ◽  
Author(s):  
Arijit Chatterjee ◽  
Donald C. Hambrick
Keyword(s):  
Organizational Performance ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Computer Hardware ◽  
Annual Reports ◽  
Company Strategy ◽  
And Performance ◽  
Ceo Narcissism ◽  
Executive Officers ◽  
Performance Results

This study uses unobtrusive measures of the narcissism of chief executive officers (CEOs)—the prominence of the CEO's photograph in annual reports, the CEO's prominence in press releases, the CEO's use of first-person singular pronouns in interviews, and compensation relative to the second-highest-paid firm executive—to examine the effect of CEO narcissism on a firm's strategy and performance. Results of an empirical study of 111 CEOs in the computer hardware and software industries in 1992–2004 show that narcissism in CEOs is positively related to strategic dynamism and grandiosity, as well as the number and size of acquisitions, and it engenders extreme and fluctuating organizational performance. The results suggest that narcissistic CEOs favor bold actions that attract attention, resulting in big wins or big losses, but that, in these industries, their firms' performance is generally no better or worse than firms with non-narcissistic CEOs.

Why Malaysian Companies Are Involved in Related Party Transactions (RPT) in the Context of Corporate Governance (CG)

2021 ◽  
pp. 296-317
Author(s):  
Suleman Sherali Kamwani ◽  
Sofri B. Yahya
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Related Party Transactions ◽  
Good Corporate Governance ◽  
Corporate Governance Mechanisms ◽  
Monitoring And Enforcement ◽  
And Performance ◽  
Executive Officers

The regulations related to corporate governance mechanisms such as the sensitivity of pay and performance of chief executive officers, board characteristics, and watches outside of those that are well connected in related party transactions (RPTs)in Malaysia are struggling from the monitoring and enforcement of good corporate governance. The primary aims of this study are to investigate the gap that exists in Malaysian company failures due to appropriate related party transactions and to evaluate the impact of good corporate governance on shareholders' confidence in related party transaction (RPTs) disclosures from the Malaysian Accounting Standards Board (MASB) of regulations. In the year 2000, a study was done by Claessens that examined the data of 236 Malaysian public organizations. The study found the dominancy of a large block of shareholders in organizations in addition to weak institutional structures. This chapter focuses on the usage of related party transactions undertaken to benefit Malaysian companies which have led to financial reporting disclosure information.

scholarly journals Impact of CEOs’ Academic Work Experience on Firms’ Innovation Output and Performance: Evidence from Chinese Listed Companies

2020 ◽  
Vol 12 (18) ◽  
pp. 7442
Author(s):  
Dong Shao ◽  
Shukuan Zhao ◽  
Shuang Wang ◽  
Hong Jiang
Keyword(s):  
Firm Performance ◽  
Chief Executive Officers ◽  
Work Experience ◽  
Chief Executive ◽  
Academic Work ◽  
State Ownership ◽  
Perspective Theory ◽  
Innovation Output ◽  
And Performance ◽  
Executive Officers

To date, the effect of the specific type of prior work experience of chief executive officers (CEOs) on innovation and firm performance remains poorly understood. Using upper perspective theory, this study argues that CEOs’ academic work experience affects firms’ innovation output, which in turn determines how research and development (R&D) activities affect firm performance. Analyzing a sample of 1210 Chinese publicly traded firms from 2013–2017, we found that firms with CEOs who were previously associated with universities or research institutions had better innovation output and performance than firms led by CEOs without such background. In addition, we found that former academics spent more on R&D investment, resulting in lower firm performance compared to firms that were not led by CEOs with an academic background. Furthermore, the innovation output was even higher, and performance was inversely reduced for ventures where state ownership is significant.

MATHEMATICAL VISUALIZATION AND ANALYSIS TECHNIQUES FOR ENTREPRENEURSHIP STUDIES: IMAGE PROCESSING IN THE UNITED STATES, EUROPE, JAPAN AND AUSTRALIA

1994 ◽  
Vol 02 (01) ◽  
pp. 509-533
Author(s):  
JOSE ALONSO ◽  
W BYGRAVE ◽  
L M GILLIN
Keyword(s):  
United States ◽  
Chief Executive Officers ◽  
Dimensional Space ◽  
Geographical Location ◽  
Principal Component ◽  
Chief Executive ◽  
The United States ◽  
Mathematical Visualization ◽  
And Performance ◽  
Executive Officers

Statistics and computer graphics, using linear and non-linear techniques, have been applied to entrepreneurial survey data in a study of the image analysis industry. Chief Executive Officers and Directors of Research have been interviewed in the United States, Europe, Japan and Australia. During the interview, a long questionnaire was completed. A mathematical model in terms of motivation, resources and performance measures has been developed to evaluate company positioning, and for future implementation as an expert system for high technology investment evaluation. A set of indices, derived using cluster and principal component analyses, describes groupings of variables which can be used to find the locus of a company position in an n-dimensional space. This position helps to establish whether the requisite technical, knowledge, marketing and financial infrastructures of the company are in keeping with the n-dimensional surfaces established by other companies in the field. These surfaces are then visualized using polynomial and Fourier parametric methods. Stratifications of the database by culture (as determined by geographical location), manufacturer-user-integrator classification, measures of innovation, and modes of deployment of financial resources are studied in terms of their taxonomic and performance characterisation abilities. Preliminary analyses reveal noticeable clustering of motivational variables by culture.

scholarly journals Corporate governance and the new chief executive: How institutionalized power affects the agency contract

2004 ◽  
Vol 2 (1) ◽  
pp. 73-85
Author(s):  
Kevin Banning
Keyword(s):  
Chief Executive Officers ◽  
Chief Executive ◽  
The United States ◽  
Publicly Traded ◽  
Governance Systems ◽  
The Board Of Directors ◽  
And Performance ◽  
Executive Officers ◽  
Positive Effect ◽  
Agency Contract

This research examines one explanation for why replacing the chief executive officer does not seem to improve firm performance despite its positive effect on financial markets: some new chief executive officers (CEOs) are able to negotiate favorable agency contracts, and therefore protect their positions, at the expense of performance that would benefit shareholders. In a longitudinal study of 150 publicly-traded firms in the United States, we found that the governance systems that align the CEO’s and owners’ interests, the mechanisms by which compliance with the agency contract is monitored, and the firm’s strategies and performance differed as a function of ownership concentration. In firms with dispersed ownership, new CEOs initiated changes favorable to them in the composition of the board of directors and in the level of and risk associated with their compensation. We also explore reasons for the differing patterns of institutionalized power resulting from the agency contract.

Interdependencies in Organization Design: A Test in Hospitals

2001 ◽  
Vol 13 (1) ◽  
pp. 107-129 ◽  
Author(s):  
Margaret A. Abernethy ◽  
Anne M. Lillis
Keyword(s):  
Performance Measurement ◽  
System Design ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Organization Design ◽  
Performance Measurement System ◽  
Strategic Choices ◽  
Strategic Orientations ◽  
And Performance ◽  
Executive Officers

While there have been numerous empirical and theoretical contributions in both the accounting and management literatures examining independently the implications of strategy and structure on control system design, there has been little research examining the interdependencies among the various elements of organization design. Hospitals represent an empirical setting where a diversity of structural arrangements and strategic orientations are both readily observable and recognized as having implications for other elements of control systems. Using data collected from chief executive officers and medical directors in hospitals, this study examines how strategic choices influence adaptations in structure and performance measurement systems. The findings from this study suggest that there are significant interdependencies between strategic choice, structure, and performance measurement system design and that when the separate elements of organization design complement each other, performance is enhanced.

The Determinants and Performance Impact of Outside Board Leadership

2016 ◽  
Vol 51 (4) ◽  
pp. 1325-1358 ◽  
Author(s):  
Steven Balsam ◽  
John Puthenpurackal ◽  
Arun Upadhyay
Keyword(s):  
Firm Performance ◽  
Chief Executive Officers ◽  
Chief Executive ◽  
Estimation Methods ◽  
Firm Characteristics ◽  
Performance Impact ◽  
Stock Volatility ◽  
Inside Directors ◽  
And Performance ◽  
Executive Officers

Outside board chairs are more likely in firms that are smaller, have greater stock volatility and research and development intensity, and have a lower proportion of inside directors and less institutional ownership; they are also more likely when chief executive officers have shorter tenure and lower ownership. We also find that the existence of an outside chair is associated with geographical and industry norms. An outside chair is positively associated with firm performance, a finding robust to various estimation methods, including event study and multivariate analyses incorporating controls for endogeneity, as well as market and accounting measures of performance. We note, however, that the relationship between outside chair and firm performance varies with firm characteristics.

scholarly journals The Relationship between Exercising of Shareholders’ Rights and the Performance of Firms listed at the Nairobi Securities Exchange

2018 ◽  
Vol 6 (07) ◽  
Author(s):  
Dr. Edward Kandiru Maina
Keyword(s):  
Significant Relationship ◽  
Chief Executive Officers ◽  
Pearson Correlation ◽  
Secondary Data ◽  
Chief Executive ◽  
Shareholder Theory ◽  
Vision 2030 ◽  
And Performance ◽  
Executive Officers ◽  
The Relationship

The continued decline in performance of firms listed in the Nairobi Securities Exchange (NSE) has lately become a source of concern to both the country’s policy makers and researchers. Already, reports from the Kenyan government reveal that the decline in performance is becoming an impediment to the country’s realization of Vision 2030 as the dwindling performance is leading to lower economic development and loss of jobs. This study examines the relationship between exercising of shareholders’ rights and the performance of firms listed in the NSE for the period 2011-2015. The study is anchored on the shareholder theory. The study population comprises all 60 companies listed in NSE in the stated period. The study uses descriptive research and correlational research designs. Both primary and secondary data are obtained from the 60 Chief Executive Officers of the corporations or their representatives. Descriptive statistics (mean and standard deviation) and inferential statistics (Pearson correlation and multiple regression) are used to analyze the data. The study finds that there is a statistically significant relationship between shareholders exercising their rights and performance of firms listed at the Nairobi Securities Exchange. The hypothesis that shareholders exercising their rights has no significant relationship with performance of firms listed at the NSE (p<0.001) is rejected. Finally, results vindicate tthe shareholder theory

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