||Relationships among CEO Reputation, Firm Business Ties, and Strategic Orientation: Examining the Moderating Effect of Environmental Munificence
||Institute of International Management (IIMBA--Master)(on the job class)
Upper echelons perspective
Firm business ties
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.
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
5.1.1 Theoretical Implications.42
5.1.2 Managerial Implications.43
5.2 Limitations and Suggestions.43
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