CEO Regulatory Foci, Environmental Dynamism, and Small Firm Performance
研究发现小企业CEO的促进型调节焦点正向影响企业绩效,而预防型调节焦点负向影响;环境动态性越强,促进型焦点的正向作用越强,预防型焦点的负向作用也越强。
This research proposes and tests that regulatory foci of small business chief executive officers (promotion focus and prevention focus) relate to firm performance differentially when levels of environmental uncertainty vary. Results suggest that a promotion focus is positively related to firm performance, whereas a prevention focus is negatively related to firm performance. Further, these relationships are moderated by the degree of environmental dynamism such that in more dynamic environments, the relationship between promotion focus and firm performance is strengthened, whereas the relationship between prevention focus and firm performance is negatively affected. The reverse was found for less dynamic environments. Theoretical and practical implications as well as future research avenues are offered.