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Everything Under My Control: CEO Characteristics and the Evaluation of Middle Manager Performance in Small and Medium-Sized Firms

Haas, Nora and Speckbacher, Gerhard (2017) Everything Under My Control: CEO Characteristics and the Evaluation of Middle Manager Performance in Small and Medium-Sized Firms. Schmalenbach Business Review. pp. 1-20. ISSN 1439-2917

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Abstract

Studies of small and medium-sized enterprises have provided evidence that CEOs of such firms can have a dominating influence on firm activities. Drawing on upper echelons theory, we analyze the influence of CEO personality (CEO internal locus of control), CEO ownership and CEO education on the evaluation of middle manager performance. In line with our expectations, we find evidence for a direct effect of CEO ownership (negative) and CEO education (positive) on the use of objective performance evaluations and for a direct effect of the CEO's internal locus of control on the use of subjective performance evaluations. Moreover, we provide evidence for a moderating role of both CEO ownership and education with respect to the influence of the CEO's locus of control on the use of subjective evaluations. We use a sample of 247 small and medium-sized manufacturing firms to test our hypotheses.

Item Type: Article
Additional Information: Open access funding provided by Vienna University of Economics and Business (WU).
Keywords: Small and medium-sized Enterprises, CEO personality, Performance evaluations
Classification Codes: JEL M12
Divisions: Departments > Strategy and Innovation > Strategisches Management
Version of the Document: Published
Depositing User: ePub Administrator
Date Deposited: 24 Jan 2017 14:57
Last Modified: 10 Jul 2017 20:31
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/81211/
URI: http://epub.wu.ac.at/id/eprint/5390

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