scholarly journals An exploratory study on the executive recruitment and performance in Greece

2005 ◽  
Vol 1 (3) ◽  
pp. 13-28
Author(s):  
Dimitrios N. Koufopoulos ◽  
Maria Elisavet Balta

Based on 42 succession events in Greek organizations, the study aims to examine the relationship between antecedent organisational characteristics such as size and performance of the firm and the source of successor (insider versus outsider). In addition, Chief Executive Officer’s (CEO’s) demographic characteristics such as age, functional and educational background as well as industry, organization and position/job tenure- are discussed in relation to organisational effectiveness.

2018 ◽  
Vol 26 (5) ◽  
pp. 798-814
Author(s):  
Aylin Ataay

AbstractInconsistent findings from prior research on the performance consequences of new Chief Executive Officer (CEO) origin led us to study the moderating effect of managerial discretion on the link between CEO outsiderness and firms’ post-succession performance. Data from 75 CEO succession events from an emerging economy show that new CEO outsiderness, without managerial discretion context influences, has no direct impact on post-succession performance. Further, our findings emphasise the moderating impacts of managerial discretion, stemming from factors in a company’s external and internal contingencies, which either strengthen or weaken the association between new CEO outsiderness and post-succession firm performance. It is found that market complexity, but not munificence, provides CEOs with more discretion in the Turkish context, thus strengthening the positive associations between CEO origin and firm performance. Firms inertia weakens both managerial discretion level and the association between CEO outsiderness and firm performance. The results show that internal corporate governance also matters. Finally, when a CEO assumes the dual role of both the chairman and the CEO, the link between CEO outsiderness and performance of the firm becomes stronger.


2016 ◽  
Vol 2 (2) ◽  
pp. 103-122
Author(s):  
Esra Memili ◽  
Hanqing Fang ◽  
Gerd-Michael Hellstern ◽  
Joanna Ozga ◽  
Dilek Zamantili Nayir

Abstract Despite the extant research on entrepreneurial orientation (EO) and its performance consequences, cultural industries have been under researched. In our paper, we examine the impact of the Entrepreneurial Orientation (EO) on performance as well as performance deviation from industry average in art galleries. The findings of our exploratory study based on responses from 113 art galleries in Istanbul showing that EO improves performance only in galleries with above industry average performance. We further find that the relationship between EO and performance deviation of galleries is U-shaped.


2018 ◽  
Vol 56 (9) ◽  
pp. 1956-1968 ◽  
Author(s):  
Gun Jea Yu ◽  
Joonkyum Lee

Purpose The purpose of this paper is to investigate the contrasting moderating effect of a firm’s exploration on the relationship between the two types of long-term incentives (stock options/stock ownership) for the chief executive officers and a firm’s long-term performance. Even though the two types of incentives are designed to improve long-term performance, the degrees of impact on long-term performance differ. Based on behavioral agency theory, this study theoretically and empirically examines the role of a firm’s exploration on the above relationship. Design/methodology/approach This study used three archival sources to obtain data on stock options, stock ownership, patents and exploration, financial measures, and others. Based on a sample of 1,963 firms in various industries from 1995 to 2006, this study tested the moderating effect of a firm’s exploration on the relationship between stock options/ownership and a firm’s performance. Findings This study reveals the contrasting moderating effect of a firm’s exploration on the relationship between stock options/ownership and a firm’s long-term performance: a positive moderating effect on the relationship between stock options and performance and a negative moderating effect on the relationship between stock ownership and performance. In addition, empirical evidence was added on the inverted U-shaped relationship between stock ownership and a firm’s long-term performance. Originality/value There is little research on a firm’s internal characteristics that strengthen or weaken the effects of stock options and stock ownership on firm performance. This study demonstrates the differential moderating effects of exploration on the relationship between stock options/stock ownership and long-term performance. Such effects of exploration come from the different risk features of stock options and stock ownership. The key implication is that stock options could be more effective than stock ownership to enhance a firm’s long-term performance when a firm has a strong exploration orientation.


Author(s):  
Claire Textor ◽  
Richard Pak

As automation continues to pervade people’s lives, it is critical to understand the reasons why some interactions are successful while others fail. Previous research attempting to explain this variability in HAI through individual differences in working memory has been mixed. Research in cognitive psychology has demonstrated the importance of attention control as a fundamental mechanism underlying higher-order cognition. In the realm of automation, early work has demonstrated a link between attention control and performance (Foroughi et al., 2019). The purpose of this exploratory study was to investigate the relationship between attention control and attitudes towards automation, particularly trust. Our results found attention control to be correlated with propensity to trust and negative attitudes towards robots. These results encourage further inquiry into the role of attention control in HAI.


2019 ◽  
Vol 1 (2) ◽  
pp. 31-43
Author(s):  
Juliana Serwaa Andoh ◽  
Benjamin Ghansah ◽  
Joy Nana Okogun-Odompley ◽  
Ben-Bright Benuwa

The authors explore how the milieu of workplace diversity affects the relationship between employee and performance. In particular, we theorize and empirically examine the moderating effects of four (4) categories of diversity context variables: age, gender, ethnicity, and educational background. The authors perform analyses on 175 out of 320 respondents consisting of academic and administrative staff of four selected private universities in Ghana. The results showed, for example, that workplace diversity has an overall influence on employee performance, however, educational diversity has more effect on employee performance in the universities compared to the other competing variables used in this study. Age and educational diversity had a significant impact on employee performance in the universities whilst gender and ethnicity diversity had no influence on their performance. We discuss future research directions regarding diversity, workgroup context, and performance outcomes and outline some recommendations for administrators and university leaders.


2019 ◽  
Vol 11 (4) ◽  
pp. 537-549
Author(s):  
Channappa Santhosh

Purpose The purpose of this paper is to understand the mediating effects of Chief Executive officer (CEO) attributes on the earliness of internationalization and performance in context of Indian small and medium enterprises (SMEs). Design/methodology/approach The proposed framework is tested through analysis of a sample of 102 internationalized SMEs of the engineering industry in the Bangalore city region of India. Findings Results highlight that CEOs age and educational background moderates between early internationalization and performance in the Indian SME context. Practical implications Overall results facilitate in leveraging the decision-maker’s capabilities to successfully formulate and strategize their international marketing efforts to achieve higher performance. Originality/value The study enriches the importance of CEO attributes in influencing the early internationalization and degree of internationalization in the context of an emerging economy where studies are limited.


2018 ◽  
Vol 51 (9-10) ◽  
pp. 995-1026 ◽  
Author(s):  
Christina Bodin Danielsson ◽  
Töres Theorell

In this exploratory study, we investigated the relationship between office design and employee perception of its contribution to job satisfaction, comfort, and performance. The study includes 4,352 employees in seven different office designs. Associations between workspace satisfaction and perceived access to supportive facilities (ancillary spaces for concentrated work and for different meetings) were also investigated since these factors may be related to employees’ workspace satisfaction. Multivariate linear and logistic regression analyses were performed separately for men and women with adjustments for age and education. Supplementary correlation analyses were performed between workspace satisfaction and perceived access to supportive facilities. Results showed differences between employees’ workspace satisfaction in studied office designs. Those with the lowest ratings of access to supportive facilities reported the lowest degree of satisfaction. The best results were found in cell-offices and the worst ones in hot-desking offices. Gender differences were also observed.


Author(s):  
Elena Karnoukhova ◽  
Anastasia Stepanova

In recent decades, innovative companies became one of the major drivers of economy worldwide. According to surveys, nearly 70% of the world’s most innovative companies in 2019 are U.S. firms. However, academic studies mostly focused on the influence of the top management team and the board of director’s on the firm performance, on the relationship between innovations and CEO`s preferences. However, we suppose CEO can exert a significant influence on performance of innovative companies. We strive to show which CEO characteristics could lead to higher firm value. Does highly educated CEO contribute more to innovations in hi-tech sphere? Does CEO power matter? Are founders better CEOs than newcomers or professionals for technological companies with their longer horizons and higher risks? This research uses Generalized Least Square model on a sample of 12565 firm-year observations during 2004-2015 period. For this research we used data for three innovative industries: Pharmaceuticals, Biotechnology & Life Sciences, Software & Services and Technology Hardware & Equipment industries. We have hand-collected data from the CVs in CIQ database. Overall, the empirical results reveal that educational background, tenure, duality play crucial roles in explaining firm value. This study contributes to the existing literature in two aspects. First, our findings indicate that CEO characteristics play crucial roles in explaining technology firm value and performance. We demonstrated that founding CEO contributes to technology firm performance as well as the CEO with better education. Second, CEOs should be smart and powerful in order to sustain firm performance. We found that CEOs characteristics could mitigate the conflicts between different types of investors and their influence on firm performance. More specifically, CEOfounder was found to add greatly to the firm performance of Software and Pharmaceutical companies. Furthermore, the influence of CEO seems to mitigate the conflict of interest with independent active institutional investors in Hardware industry. We provided examples to prove the validity of our tests.


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