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Journal cover: American Journal of Business

American Journal of Business

ISSN: 1935-5181

Online from: 1986

Subject Area: Management Science/Management Studies

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Entrepreneurial Orientation and Firm Performance: The Moderating Role of Managerial Power

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Title:Entrepreneurial Orientation and Firm Performance: The Moderating Role of Managerial Power
Author(s):Justin L. Davis, (Ohio University), R. Greg Bell, (The University of Dallas), G. Tyge Payne, (Texas Tech University), Patrick M. Kreiser, (Ohio University)
Citation:Justin L. Davis, R. Greg Bell, G. Tyge Payne, Patrick M. Kreiser, (2010) "Entrepreneurial Orientation and Firm Performance: The Moderating Role of Managerial Power", American Journal of Business, Vol. 25 Iss: 2, pp.41 - 54
Keywords:Entrepreneurial orientation, power, top management
Article type:General review
DOI:10.1108/19355181201000009 (Permanent URL)
Publisher:Emerald Group Publishing Limited
Abstract:Organizational researchers have long recognized the important role that top managers play within entrepreneurial firms (Ireland, Hitt and Sirmon 2003). Utilizing Covin and Slevin’s (1989) conceptual framework, the current study explores three key entrepreneurial characteristics of top managers and the impact these characteristics have on firm performance. Specifically, we argue that top managers with a high tolerance of risk, those who favor innovative activities and those who display a high degree of proactiveness will positively impact firm performance. In addition, this study examines the influence of top managers’ prestige, structural and expert power on the relationship between entrepreneurial orientation and firm performance. We conclude the study with a discussion of theoretical and practical implications of our findings and suggestions for future research in this area of study.

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