CEOs' temporal focus, firm strategic change, and performance: Insights from a paradox perspective

被引：34

作者：

Back, Pascal ^{[1
]}

Rosing, Kathrin ^{[2
]}

Dickler, Teresa Antonia ^{[4
]}

Kraft, Priscilla Sarai ^{[3
]}

Bausch, Andreas ^{[1
]}

机构：

[1] Univ Giessen, Dept Business Adm & Econ, Licher Str 62, D-35394 Giessen, Germany

[2] Univ Kassel, Inst Psychol, Hollaend Str 36-38, D-34127 Kassel, Germany

[3] WHU Otto Beisheim Sch Management, Burgpl, D-56179 Vallendar, Germany

[4] IE Business Sch, Calle Castellon Plana 8, Madrid 28006, Spain

来源：

EUROPEAN MANAGEMENT JOURNAL | 2020年 / 38卷 / 06期

关键词：

CEOs' temporal focus; Strategic change; Paradoxes; Polynomial regression; ENVIRONMENTAL DYNAMISM; POLYNOMIAL REGRESSION; UPPER ECHELONS; ORGANIZATIONAL OUTCOMES; MANAGERIAL SENSEMAKING; GENDER DIVERSITY; MODERATING ROLE; MEDIA COVERAGE; TEXT ANALYSIS; MANAGEMENT;

D O I：

10.1016/j.emj.2020.04.009

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Recent research indicates that CEOs' temporal focus (the degree to which individuals attend to the past, present, and future) is a critical predictor for strategic outcomes. Building on paradox theory and the attention-based view, we examine the implications of CEOs' past and future focus for strategic change. Results from polynomial regression analysis reveal that CEOs who cognitively embrace both the past and the future at the same time engage more in strategic change. In addition, our results reveal that the positive strategic change -firm performance relationship is enhanced when CEOs' past focus is high, whereas CEOs' future focus mitigates the translation of strategic change into firm performance (when their past focus is low at the same time). In addition, supplemental analyses indicate that the impact of CEOs' temporal focus turns out differently in stable and dynamic environments. Our study thus extends the literature on both individual's temporal focus and strategic change. (C) 2020 Elsevier Ltd. All rights reserved.

引用

页码：884 / 899

页数：16

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