Influence of Founder—CEOs' Personal Values on Firm Performance: Moderating Effects of Firm Age and Size†
研究了创始人CEO的集体主义和新颖性价值观对企业初创后绩效的影响，发现企业年龄和规模会调节这种影响：集体主义在更老更大的企业中更有益，新颖性在更年轻更小的企业中更有益。
The effects of two values held by founder—CEOs (collectivism and novelty) on companies' post—start-up performance are investigated. By integrating congruence and organizational lifecycle literatures, the authors hypothesized that the effects of both values are moderated by company age and size, such that collectivism exerts stronger beneficial effects in older and larger firms, whereas novelty exerts stronger beneficial effects in younger and smaller firms. Results based on 92 small- to medium-sized enterprises offer support for most predictions, thus demonstrating the influence of founders' values on new venture performance and highlighting the importance of considering organizational lifecycle for the understanding of this influence.