Ceo Satisfaction and Firm Performance in Family Firms: Divergence between Theory and Practice

被引:0
作者
Catherine M. Daily
Janet P. Near
机构
[1] Indiana University,Kelley School of Business
[2] Indiana University,Kelley School of Business
来源
Social Indicators Research | 2000年 / 51卷
关键词
Life Satisfaction; Moderator Effect; Firm Performance; Family Firm; Satisfaction Relationship;
D O I
暂无
中图分类号
学科分类号
摘要
This study employs structural equationmodeling (LISREL 8.0) to investigate a model of therelationship between chief executive officer (CEO) joband life satisfaction, as well as the relationshipbetween CEO job and life satisfaction and firmperformance. Consistent with recent research, ourmodel also includes several potential mediators of thejob/life satisfaction relationship – overall stress,work conflict, nonwork conflict, and nonworksatisfaction. We rely on questionnaire data from 221owner/managers of family owned and controlledautomobile dealerships. Results indicate that CEO joband life satisfaction are more strongly correlatedthan among average American workers, as predicted, butthat there is no moderator effect on firm performance.Nor does life satisfaction mediate the relationshipbetween job satisfaction and firm performance.Contrary to theory, there are no significantrelationships with firm performance. Theorganizational implications of CEO satisfaction forfirm performance are considered.
引用
收藏
页码:125 / 170
页数:45
相关论文
共 204 条
  • [1] Alpar P.(1989)Response behavior of entrepreneurs in a mail survey Entrepreneurship: Theory and Practice 14 31-44
  • [2] Spitzer D.(1988)Structural equation modeling in practice: A review and recommended two-step approach Psychological Bulletin 103 411-423
  • [3] Anderson J.(1974)Developing measures of perceived life quality Social Indicators Research 1 1-26
  • [4] Gerbing D.(1989)Job satisfaction: environmental and genetic components Journal of Applied Psychology 74 197-192
  • [5] Andrews F. M.(1975)The development of organization structure in the family firm Journal of General Management 3 42-60
  • [6] Withey S. B.(1983)Managers and the good life Business Horizons 26 20-23
  • [7] Arvey R. D.(1987)CEO change and firm performance in large corporations: Succession effects and manager effects Strategic Management Journal 8 305-317
  • [8] Bouchard T. J.(1983)Managing continuity in the family-owned business Organizational Dynamics 12 5-12
  • [9] Segal N. L.(1988)Outcomes of work-family conflict among married male and female professionals Journal of Management 14 475-491
  • [10] Abraham L.M.(1986)Executive and corporate correlates of financial performance in smaller firms Journal of Small Business Management 24 8-15