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Full-Text Articles in Business

Does The Leader Make A Difference? Relationship Between Executive Leader Personality And Entrepreneurial Firm Performance, Theresa M. Welbourne, Marcie A. Cavanaugh , Timothy A. Judge Sep 2013

Does The Leader Make A Difference? Relationship Between Executive Leader Personality And Entrepreneurial Firm Performance, Theresa M. Welbourne, Marcie A. Cavanaugh , Timothy A. Judge

Theresa M. Welbourne, PhD

The purpose of this study was to expand research on personality and leadership by investigating the relationship between executive leader personality and firm performance. Drawing from research on the five-factor model of personality (the Big Five), executive leader emotional adjustment (low neuroticism) and conscientiousness were hypothesized to be positively related to firm performance. No specific hypotheses were offered for the relationships between the remaining Big Five personality traits (extraversion, agreeableness, and openness to experience) and firm performance. Using a longitudinal sample of initial public offering (IPO) firms, results indicated that emotional adjustment and extraversion were related to measures of firm …


The Role-Based Performance Scale: Validity Analysis Of A Theory-Based Measure, Theresa M. Welbourne, Diane E. Johnson, Amir Erez Sep 2013

The Role-Based Performance Scale: Validity Analysis Of A Theory-Based Measure, Theresa M. Welbourne, Diane E. Johnson, Amir Erez

Theresa M. Welbourne, PhD

This study introduces a theory-based measure of employee performance (Role Based Performance Scale, RBPS) that is supported with results from a validation study using 10 data sets from six companies. In contrast to traditional, job-related measures of employee performance, we propose an alternative measure of performance based on role theory and identity theory. Because our results support the validity of the scale, we think that the instrument can be used for future research that requires a generalizable measure of performance. The scale demonstrates diagnostic properties that make it useful for practitioners as well as researchers.


Strategic And Administrative Human Resource Management (Hrm): A Study Of Hrm Reporting In Entrepreneurial Firms, Theresa M. Welbourne Sep 2013

Strategic And Administrative Human Resource Management (Hrm): A Study Of Hrm Reporting In Entrepreneurial Firms, Theresa M. Welbourne

Theresa M. Welbourne, PhD

This paper reports the results of an exploratory study examining firm characteristics associated with choosing an administrative or strategic approach to HRM. Strategic HRM is defined as having a senior HRM executive who reports to the CEO, while administrative HRM is defined as having the HRM function report to a Vice President of Administration. Data are gathered from a cohort of firms that went public in 1993. The results show that different sets of characteristics are associated with each HRM reporting form, and analysis of stock price growth after the IPO demonstrates that the strategic HRM companies enjoy increasing stock …


Agency Theory Implications For Strategic Human Resource Management: Effects Of Ceo Ownership, Administrative Hrm, And Incentive Alignment On Firm Performance, Theresa M. Welbourne, Linda A. Cyr Sep 2013

Agency Theory Implications For Strategic Human Resource Management: Effects Of Ceo Ownership, Administrative Hrm, And Incentive Alignment On Firm Performance, Theresa M. Welbourne, Linda A. Cyr

Theresa M. Welbourne, PhD

Agency theory is used to expand the research in strategic human resource management (SHRM) by viewing the construct underlying SHRM as control over all employees. We develop hypotheses on the effects of CEO ownership, administrative HRM, and incentive stock ownership on firm performance. The results indicate that administrative HRM has a negative effect on stock price. Incentive alignment via stock ownership has a positive effect on stock price and productivity. CEO ownership has a positive effect on sales but a negative impact on productivity. Implications for theory and practice are discussed.


Group Incentives And Pay Satisfaction: Understanding The Relationship Through An Identity Theory Perspective, Theresa M. Welbourne, Daniel M. Cable Sep 2013

Group Incentives And Pay Satisfaction: Understanding The Relationship Through An Identity Theory Perspective, Theresa M. Welbourne, Daniel M. Cable

Theresa M. Welbourne, PhD

The goal of this paper is to develop a conceptual model based on identity theory to specify the relationship between group incentives and pay satisfaction. Pay satisfaction, as currently measured, does not include items that directly assess group-based rewards, therefore, any changes in pay satisfaction associated with group incentive implementation would be the result of some spillover effect. Identity theory is employed to model this effect by delineating how group incentives tap salient work-related roles; the theory also has implications for various behavioral consequences. The research described in this paper tests two hypotheses derived from the conceptual model. These hypotheses …


The Entrepreneurial Growth Ceiling: Using People And Innovation To Mitigate Risk And Break Through The Growth Ceiling In Initial Public Offerings, Theresa M. Wellbourne, Heidi Neck, G. Dale Meyer Sep 2013

The Entrepreneurial Growth Ceiling: Using People And Innovation To Mitigate Risk And Break Through The Growth Ceiling In Initial Public Offerings, Theresa M. Wellbourne, Heidi Neck, G. Dale Meyer

Theresa M. Welbourne, PhD

Purpose – In this paper the authors aim to introduce a concept that they call the “entrepreneurial growth ceiling” (EGC). They develop arguments that new venture IPOs hit the EGC prior to their IPO, and the ceiling is part of the impetus for going public. The paper argues that proceeds from the IPO will aid firms in breaking through the ceiling if the proceeds are strategically allocated. Design/methodology/approach – The study examines a cohort of firms that went public in the same year. The authors code data from the prospectuses of 366 organizations, including how proceeds were to be spent, …


Making The Business Case For Employee Resource Groups, Theresa Welbourne, Lacey Mclaughlin Jun 2013

Making The Business Case For Employee Resource Groups, Theresa Welbourne, Lacey Mclaughlin

Theresa M. Welbourne, PhD

No abstract provided.