進階搜尋


下載電子全文  
系統識別號 U0026-2507201223285900
論文名稱(中文) CEO聲譽、公司商業關係網絡與策略導向之關聯性:環境豐裕性干擾效果之探討
論文名稱(英文) Relationships among CEO Reputation, Firm Business Ties, and Strategic Orientation: Examining the Moderating Effect of Environmental Munificence
校院名稱 成功大學
系所名稱(中) 國際經營管理研究所碩士在職專班
系所名稱(英) Institute of International Management (IIMBA--Master)(on the job class)
學年度 100
學期 2
出版年 101
研究生(中文) 林佩儒
研究生(英文) Pei-Ru Lin
電子信箱 peggylin.616@gmail.com
學號 RA7951047
學位類別 碩士
語文別 英文
論文頁數 55頁
口試委員 召集委員-張紹基
指導教授-林豪傑
口試委員-莊智薰
中文關鍵字 高層理論  CEO聲譽  公司商業關係網絡  策略導向  環境豐裕性 
英文關鍵字 Upper echelons perspective  CEO reputation  Firm business ties  Strategic orientation  Environmental munificence 
學科別分類
中文摘要 本研究採用高層理論探討CEO聲譽、公司商業關係網絡與策略導向的關聯性,以及環境豐裕性對於公司商業關係網絡與策略導向關係之間的干擾效果。本研究之問卷發放對象為任職於國內企業之高階管理團隊成員,以進行量化統計分析與假說驗證。經研究發現,CEO聲譽、公司商業關係網絡與策略導向的關聯性皆分別呈現正向關係,但分析結果卻指出,公司商業關係網絡無法成為CEO聲譽及策略導向之中介,且環境豐裕性對於公司商業關係網絡與策略導向之間的關係則無干擾效果。本研究結果藉由彰顯CEO發展公司業務往來關係及擬定公司策略行動的角色功能,提升高層理論之價值與重要性。
英文摘要 This study employs the upper-echelons perspective to examine the relationships between CEO reputation, firm business ties, and firm strategic orientation. The moderating role of environmental munificence on the relationship between firm business ties and strategic orientation is explored as well. Hypotheses are tested using data collected from a large sample collected from top management teams (TMTs) of firms listed in Taiwan stock market exchange. Statistical results show that CEO reputation does positively affect firm business ties and firm’s strategic orientation. Firm business ties also positively affect strategic orientation. However, the mediating role of firm business ties and the moderating role of environmental munificence were not found. This study adds value to the upper-echelons perspective by highlighting the role of CEO in developing business relationships and initiating strategic actions for a firm.
論文目次 ACKNOWLEDGEMENTS I
ABSTRACT II
摘要 III
TABLE OF CONTENTS IV
LIST OF TABLES VII
LIST OF FIGURES VIII
CHAPTER ONE INTRODUCTION 1
1.1 Research Background and Motivation. 1
1.2 Research Gap. 3
1.3 Research Objectives. 3
1.4 Research Flow. 4
CHAPTER TWO LITERATURE REVIEW 5
2.1 Theoretical Background – Upper Echelons Theory. 5
2.2 Definition of Research Variables. 6
2.2.1 CEO Reputation. 6
2.2.2 Firm Business Ties. 7
2.2.3 Strategic Orientation. 9
2.2.4 Environmental Munificence. 11
2.3 Interrelationships among Research Variables and Hypotheses Development. 13
2.3.1 CEO Reputation and Firm Business Ties. 13
2.3.2 Firm Business Ties and Strategic Orientation. 13
2.3.3 CEO reputation and Strategic Orientation. 14
2.3.4 CEO reputation, Firm business ties and Strategic Orientation.14
2.3.5 Moderation of Environmental Munificence.15
CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY 16
3.1 Research Framework.16
3.2 Summary of Hypotheses.16
3.3 Questionnaire Design, Measures, and Data Collection.17
3.3.1 CEO Reputation.18
3.3.2 Firm Business Ties.18
3.3.3 Strategic Orientation.19
3.3.4 Environmental Munificence.19
3.3.5 Control Variables.20
3.4 Sample Plan and Data Collection.20
3.5 Data Analysis Procedure.20
3.5.1 Descriptive Statistic Analysis.21
3.5.2 Internal Consistency Analysis (Cronbach’s Alpha).21
3.5.3 Pearson Correlation Analysis.21
3.5.4 Confirmatory Factor Analysis (CFA).22
3.5.5 Hierarchical Multiple Regression.22
CHAPTER FOUR RESEARCH ANALYSIS AND RESULTS 24
4.1 Brief Introduction of Research Analysis.24
4.2 Descriptive Analysis. 25
4.2.1 Characteristic of the Respondents.25
4.3 Factor Analysis and Reliability Checks 28
4.3.1 Confirmatory Factor Analysis.28
4.3.2 Reliability Test.34
4.4 Hypothesis testing.35
4.4.1 Mean, Standard Deviation, and Pearson Correlation.35
4.4.2 Hierarchical Regression Analysis.38
CHAPTER FIVE CONCLUSION AND SUGGESTIONS 42
5.1 Discussion.42
5.1.1 Theoretical Implications.42
5.1.2 Managerial Implications.43
5.2 Limitations and Suggestions.43
REFERENCES 45
APPENDICES 52
參考文獻 REFERENCES
Aldrich, H. (Ed.). (1979). Organizations and environments. New Jersey: Prentice-Hall.
Alston, J. P. (1989). Wa, guanxi, and inwha: Managerial principles in Japan, China, and Korea. . Business Horizon, 32(March-April), 26-31.
Bantel, K. A., & Jackson, S. E. (1989). Top management and innovations in banking: Does the composition of the top team make a difference? Strategic Management Journal, 10, 107-124.
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
Bhuian, S. N., Menguc, B., & Bell, S. J. (2005). Just entrepreneurial enough: The moderating effect of entrepreneurship on the relationship between market orientation and performance. Journal of Business Research, 58, 9-17.
Brown, T., & Kirchhoff, B. (1997). The effects of resource availability and entrepreneurial orientation on firm growth. Frontiers of Entrepreneurship Research, 32-46.
Bruno, A., & Tyebjee, T. (1982). The environment for entrepreneurship. Encyclopedia of Entrepreneurship, 2, 288-315.
Carmeli, A. (2008). Top management team behavioral integration and the performance of service organizations. Group & Organization Management, 33(6), 712-735.
Carpenter, M. A., Geletkanycz, M. A., & Sanders, W. G. (2004). Upper echelons research revisited: Antecedents, elements and consequences of top management team composition. Journal of Management, 30(6), 749-778.
Castrogiovanni, G. (1991). Environmental munificence: A theoretical assessment. Academy of Management Review, 16(3), 542-565.
Certo, S. T., Lester, R. H., Dalton, C. M., & Dalton, D. R. (2006). Top management teams, strategy and financial performance: A meta-analytic examination. Journal of Management Studies, 43(4), 813-839.
Chen, M. J., Farh, J. L., & MacMillan, I. C. (1993). An exploration of the expertness of outside informants. Academy of Management Journal, 36(6), 1614-1632.
Chen, M. J., Lin, H. C., & Michel, J. G. (2010). Navigating in a hypercompetitive environment: The roles of action aggresiveness and TMT integration. Strategic Mangement Journal, 31, 1410-1430.
Cohen, W. M., & Levinthal, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152.
Covin, J. G., & Slevin, D. P. (1989). Strategic management of small firms in hostile and benign environments. Strategic Management Journal, 10(1), 75-87.
Dacin, M. T., Oliver, C., & Roy, J. P. (2007). The legitimacy of strategic alliances: An institutional perspective. Strategic Management Journal, 28(2), 169-187.
Deephouse, D. L. (2000). Media reputation as a strategic resource: An integration of mass communication and resource based theories. Journal of Management, 26(6), 1091-1112.
Dess, G., & Beard, D. (1984). Dimensions of organizational task environments. Administrative Science Quarterly, 29(1), 52-73.
Dierickx, I., & Cool, K. (1989). Asset stock accumulation and sustainability of competitive advantage. Management Science, 35(12), 1504-1511.
Dollinger, M. J., Golden, P. A., & Saxton, T. (1997). The effect of reputation on the decision to joint venture. Strategic Management Journal, 18(127-140).
Elenkov, D. S., Judge, W., & Wright, P. (2005). Strategic leadership and executive innovation influence: An international multi-cluster comparative study. Strategic Management Journal, 26, 665-682.
Finkelstein, S., & Boyd, B. K. (1998). How much does the CEO matter? The role of managerial discretion in the setting of CEO compensation. The Academy of Management Journal, 41, 179-199.
Finkelstein, S., & Hambrick, D. C. (1996). Strategic leadership: Top executives and their effects on organizations. Minneapolis/St. Paul: West Publishing Company.
Fombrun, C., & Shanley, M. (1990). What's in a name? Reputation building and corporate strategy. Academy of Management Journal, 33(2), 233-258.
Francis, J., Huang, A. H., Rajgopal, S., & Zang, A. Y. (2008). CEO reputation and earnings quality. Contemporary Accounting Research, 25(1), 109-147.
Fuller, J., & Jensen, M. (2002). What's a director to do? Journal of Applied Corporate Finance, 14(4), 41-46.
Gaines-Ross, L. (2003). CEO capital: A guide to building CEO reputation and company success. Hoboken, New Jersey: John Wiley & Sons, Inc.
Gatignon, H., & Xuereb, J.-M. (1997). Strategic orientation of the firm and new product performance. Journal of Marketing Research, 34(February), 77-90.
Ghosh, M., & John, G. (1999). Governance value analysis and marketing strategy. Journal of Marketing, 63(Special Issue), 131-145.
Gotsi, M., & Wilson, A. M. (2001). Corporate reputation management: Living the brand. Management Decisions, 39(2), 99-104.
Gupta, A. K. (1984). Contingency linkages between strategy and general manager characteristics: A conceptual examination. The Academy of Management Review, 9, 399-412.
Hair, J., Anderson, R., Tatham, R., & Black, W. (2006). Multivariate data analysis (5th ed.) (5 ed.). New Jersey: Prentice-Hall.
Hambrick, D. (1994). Top management groups: A conceptual integration and reconsideration of the" team" label. Research in Organizational Behavior, 16, 171-171.
Hambrick, D. C. (1995). Fragmentation and the other problems CEOs have with their top managemnt teams. California Management Review, 37, 110-127.
Hambrick, D. C., & Finkelstein, S. (1987). Managerial discretion: A bridge between polar views of organizational outcomes. Research in Organizational Behavior, 9, 369-406.
Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.
Hayes, R., & Schaefer, S. (1999). How much are differences in managerial ability worth? Journal of Accounting and Economics, 27(2), 125-148.
Heide, J. B., & John, G. (1992). Do norms mater in marketing relationships? Journal of Marketing, 56(April), 32-44.
Higgins, R. B., & Bannister, B. D. (1992). How corporate communication of strategy affects share price. Long Range Planning, 25(3), 27-35.
Hitt, M. A., Tyler, B. B., Hardee, C., & Park, D. (1995). Understanding strategic intent in the global marketplace. Academy of Management Executive, 9(2), 12-19.
Hwang, K. K. (1987). Face and favor: The Chinese power game. American Journal of Sociology, 92(4), 944-974.
Kirchhoff, B. (1994). Entrepreneurship and dynamic capitalism: The economics of business firm formation and growth. Westport, CT: Praeger Publishers.
Knight, G. A., & Cavusgil, S. T. (2004). Innovation, organizational capabilities, and the born-global firm. Journal of International Business Studies, 35, 124-141.
Koberg, C. S. (1987). Resource scarcity, environmental uncertainty, and adaptive organizational behavior. Academy of Management Journal, 30, 798-807.
Kor, Y. Y. (2006). Direct and Interaction effects of Top Management Team and Board Compositions on R&D Investment Strategy. Strategic Management Journal, 27(11), 1081-1099.
Lau, C. M., Yiu, D., Yeung, P. K., & Lu, Y. (2008). Strategic orientation of high-technology firms in a transitional economy. Journal of Business Research, 61, 765-777.
Lee, K. C., & Humphreys, P. K. (2007). The role of guanxi in supply management practices. International Journal of Production Economics, 106, 450-467.
Li, J. J., Poppo, L., & Zhou, K. Z. (2008). Do managerial ties in China always produce value? Competition, uncertainty, and domestic vs. foreign firms. Strategic Management Journal, 29(4), 383-400.
Li, J. J., Zhou, K. Z., & Shao, A. T. (2009). Competitive position, managerial ties, and profitability of foreign firms in China: An interactive perspective. Journal of Marketing, 62(October), 13-29.
Luo, Y. (1997). Guanxi and performance of foreign-invested enterprises in China: An empirical inquiry. Management International Review, 37(1), 51-70.
Luo, Y. D. (2000). Dynamic capabilities in international expansion. Journal of World Business, 35(4), 355-378.
Lusch, R. F., & Brown, J. R. (1996). Interdependency, contracting, and relational behavior in marketing channels. Journal of Marketing, 60(October), 19-38.
Martell, K., & Carroll, S. J. (1995). Which executive human resource management practices for the top management team are associated with higher firm performance. Human Resource Management, 34, 497-512.
McArthur, A. W., & Nystrom, P. C. (1991). Environmental dynamism, complexity and munificence as moderators of strategy-performance relationships. Journal of Business Research, 23, 349-361.
Miles, R. E., & Snow, C. C. (1978). Organizational strategy, structure, and process. New York: McGraw-Hill.
Miles, R. E., & Snow, C. C. (2007). Organization theory and supply chain management: An evolving research perspective. Journal of Operations Management, 25(2), 459-463.
Miller, D., & Friesen, P. H. (1983). Strategy making and environment: The third link. Strategic Management Journal, 4(3), 221-235.
Morgan, R. E., & Strong, C. A. (2003). Business performance and dimensions of strategic orientation. Journal of Business Research, 56, 163-176.
Morgan, R. M., & Hunt, S. D. (1994). The commitment-trust theory of relationship marketing. Journal of Marketing, 5(October), 20-38.
Murray, A. (1989). Top management group heterogeneity and firm performance. Strategic Management Journal, 10, 125-141.
Noble, C. H., Sinha, R. K., & Kumar, A. (2002). Market orientation and alternative strategic orientations: A longitudinal assessment of performance implications. Journal of Marketing, 66(October), 25-39.
Ozcan, Y. Z., & Koaak, A. (2003). Research note: A need or a status symbol? European Journal of Communication, 18(2), 241.
Papadakis, V. M., & Barwise, P. (2002). How much do CEOs and top managers matter in strategic decision-making? British Journal of Management, 13, 83-95.
Park, D. J., & Berger, B. K. (2004). The presentation of CEOs in the press, 1990-2000: Increasing salience, positive valence, and a focus on competency and personal dimensions of image. Journal of Public Relations Research, 16(1), 93-125.
Park, S. H., & Luo, Y. (2001). Guanxi and organizational dynamics: Organizational networking in Chinese firms. Strategic Management Journal, 22, 455-477.
Plambeck, N., & Weber, K. (2010). When the glass is half full and half empty: CEO's ambivalent interpretations of strategic issues. Strategic Management Journal, 31(7), 689-710.
Poppo, L., & Zenger, T. R. (2002). Do formal contracts and relational governance function as substitutes or complements? Strategic Management Journal, 23(8), 707-725.
Poppo, L., Zhou, K. Z., & Ryu, S. (2008). Alternative origins to interorganizational trust: An interdependence perspective on the shadow of the past and the shadow of the future. Organization Science, 19(1), 39-55.
Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. New York, NY: Free Press.
Rajagopalan, N. (1997). Strategic orientations, incentive plan adoptions, and firm performance: Evidence from electric utility firms. Strategic Management Journal, 18(761-785).
Rajagopalan, N., Rasheed, A., & Datta, D. (1993). Strategic decision processes: Critical review and future directions. Journal of Management, 19(2), 349-384.
Ranft, A. L., Zinko, R., Ferris, G. R., & Buckley, M. R. (2006). Marketing the image of management: The costs and benefits of CEO reputation. Organizational Dynamics, 35(3), 279-290.
Rao, R. S., Chandy, R. K., & Prabhu, J. C. (2008). The fruits of legitimacy: Why some new ventures gain more from innovation than others. Journal of Marketing, 72(July), 58-75.
Rindfleisch, A., & Moorman, C. (2001). The acquisition and utilization of information in new product alliances: A strength-of-ties perspective. Journal of Marketing, 65(April), 1-18.
Rindfleisch, A., & Saxenian, A. L. (1996). Inside-out: Regional networks and industrial adaption in Silicon Valley and Route 128. Citiscape: A Journal of Policy Development and Research, 2(2), 41-60.
Romanelli, E. (1985). Organizational transformation and performance: An examination of three perspectives. Journal of Managerial Issues, 18(1), 104-128.
Sheng, S., Zhou, K. Z., & Li, J. J. (2011). The effects of business and political ties on firm performance: Evidence from China. Journal of Marketing, 75(January), 1-15.
Simons, T., Pelled, L. H., & Smith, K. A. (1999). Making use of difference: Diversity, debate, and decision comprehensiveness in top management teams. Academy of Management Journal, 42, 662-673.
Simsek, Z., Veiga, J. F., Lubatkin, M. H., & Dino, R. N. (2005). Modeling the multilevel determinants of top managemnt team behavioral intergration. . Academy of Management Journal, 48(69-84).
Smith, K. G., Smith, K. A., Olian, J. D., Sims, H. P. J., O'Bannon, D. P., & Scully, J. A. (1994). Top management team demography and process: The role of social integration and communication. Administrative Science Quarterly, 39(3), 412-438.
Tsang, E. W. K. (1998). 'Can guanxi be a source of sustained competitive advantage for doing gusiness in China?'. Academy of Management Executive, 12(2), 64-73.
Venkatraman, N., & Prescott, J. (1990). Environment–strategy coalignment: An empirical test of its performance implications. Strategic Management Journal, 11(1), 1-23.
Waldman, D. A., Ramirez, G. G., House, R. J., & Puranam, P. (2001). Does leadership matter? CEO leadership attributes and profitability under conditions of perceived environmental uncertainty. Academy of Management Journal, 44, 134-143.
Weerawardena, J., Mort, G. S., Liesch, P. W., & Knight, G. (2007). Conceptualizing accelerated internationalization in the born global firm: A dynamic capabilities perspective. Journal of World Business, 42, 294-306.
Weiss, A. M., Anderson, E., & MacInnis, D. J. (1999). Reputation management as a motivation for sales structure decisions. Journal of Marketing, 63, 74-89.
Wernerfelt, B. (1984). A resource-based view of the firm. Strategic Management Journal, 5(2), 171-181.
Wiersema, M. F., & Bantel, K. A. (1992). Top management team demography and corporate strategic change. Academy of Management Journal, 35(1), 91-121.
Wright, P. M., & Boswell, W. R. (2002). Desegregating HRM: A review and synthesis of micro and macro hman resource management. Journal of Management, 28, 247-276.
Xin, K. R., & Pearce, J. L. (1996). Guanxi: Connections as substitutes for structural support. Academy of Management Journal, 36, 1641-1658.
Yasai-Ardekani, M. (1989). Effects of environmental scarcity and munificence on the relationship of context to organizational structure. Academy of Management Journal, 32, 131-156.
Zajac, E. J., & Westphal, J. D. (1996). Director reputation, CEO-board power, and the dynamics of board interlocks. Administrative Science Quarterly, 41(3), 507-529.
Zhou, K. Z., Yim, B. C., & Tse, D. K. (2005). The effects of strategic orientations on technology- and market-based breakthrough innovations. Journal of Marketing, 69(2), 42-60.
Zhou, L. X., Wu, W. P., & Luo, X. M. (2007). Internationalization and the performance of born-global SMEs: The mediating role of social networks. Journal of International Business Studies, 38, 673-690.
論文全文使用權限
  • 同意授權校內瀏覽/列印電子全文服務,於2012-08-13起公開。
  • 同意授權校外瀏覽/列印電子全文服務,於2012-08-13起公開。


  • 如您有疑問,請聯絡圖書館
    聯絡電話:(06)2757575#65773
    聯絡E-mail:etds@email.ncku.edu.tw