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Full-Text Articles in Management Sciences and Quantitative Methods

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 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, …