메뉴 건너뛰기




Volumn 54, Issue 3, 2015, Pages 483-498

Not all Risk Taking is Born Equal: The Behavioral Agency Model and CEO's Perception of Firm Efficacy

Author keywords

Behavioral agency; Perceived firm efficacy; R D; Risk

Indexed keywords


EID: 84929573775     PISSN: 00904848     EISSN: 1099050X     Source Type: Journal    
DOI: 10.1002/hrm.21624     Document Type: Article
Times cited : (32)

References (96)
  • 1
    • 67349164046 scopus 로고    scopus 로고
    • Moving beyond Schumpeter: Management research on the determinants of technological innovation
    • Ahuja, G., Morris-Lampert, C., & Tandon, V. (2008). Moving beyond Schumpeter: Management research on the determinants of technological innovation. Academy of Management Annals, 2(1), 1-98.
    • (2008) Academy of Management Annals , vol.2 , Issue.1 , pp. 1-98
    • Ahuja, G.1    Morris-Lampert, C.2    Tandon, V.3
  • 2
  • 3
    • 0019610159 scopus 로고
    • Risk reduction as a managerial motive for conglomerate mergers
    • Amihud, Y., & Lev, B. (1981). Risk reduction as a managerial motive for conglomerate mergers. Bell Journal of Economics, 12, 605-617.
    • (1981) Bell Journal of Economics , vol.12 , pp. 605-617
    • Amihud, Y.1    Lev, B.2
  • 4
    • 33644503183 scopus 로고    scopus 로고
    • Less likely to fail: Low performance, firm size, & factory expansion in the shipbuilding industry
    • Audia, P. G., & Greve, H. R. (2006). Less likely to fail: Low performance, firm size, & factory expansion in the shipbuilding industry. Management Science, 52, 83-94.
    • (2006) Management Science , vol.52 , pp. 83-94
    • Audia, P.G.1    Greve, H.R.2
  • 5
    • 84989029914 scopus 로고
    • Toward a contingency theory of compensation strategy
    • Balkin, D. B., & Gomez-Mejia, L. R. (1987). Toward a contingency theory of compensation strategy. Strategic Management Journal, 8, 169-182.
    • (1987) Strategic Management Journal , vol.8 , pp. 169-182
    • Balkin, D.B.1    Gomez-Mejia, L.R.2
  • 6
    • 0034360488 scopus 로고    scopus 로고
    • Is CEO pay in high technology firms related to innovation? Some empirical evidence
    • Balkin, D. B., Markman, G. D., & Gomez-Mejia, L. R. (2000). Is CEO pay in high technology firms related to innovation? Some empirical evidence. Academy of Management Journal, 43, 1118-1129.
    • (2000) Academy of Management Journal , vol.43 , pp. 1118-1129
    • Balkin, D.B.1    Markman, G.D.2    Gomez-Mejia, L.R.3
  • 8
  • 10
    • 0003034083 scopus 로고
    • Self-efficacy
    • In V. S. Ramachaudran (Ed.),New York, NY: Academic Press.
    • Bandura, A. (1994). Self-efficacy. In V. S. Ramachaudran (Ed.), Encyclopedia of human behavior (Vol. 4, pp, 71-81). New York, NY: Academic Press.
    • (1994) Encyclopedia of human behavior , vol.4 , pp. 71-81
    • Bandura, A.1
  • 12
    • 0035227452 scopus 로고    scopus 로고
    • Social cognitive theory: An agentic perspective
    • Bandura, A. (2001). Social cognitive theory: An agentic perspective. Annual Review of Psychology, 52, 1-26.
    • (2001) Annual Review of Psychology , vol.52 , pp. 1-26
    • Bandura, A.1
  • 13
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17, 99-120.
    • (1991) Journal of Management , vol.17 , pp. 99-120
    • Barney, J.1
  • 14
    • 84929588682 scopus 로고    scopus 로고
    • July. Enhancements to Basel II
    • Basel Committee on Banking Supervision. (2009, July). Enhancements to Basel II, pp. 84-94.
    • (2009) , pp. 84-94
  • 15
    • 79960948624 scopus 로고
    • Managerial incentives, monitoring, & risk bearing: A study of executive compensation, ownership, & board structure in initial public offerings
    • Beatty, R. P., & Zajac, E. J. (1994). Managerial incentives, monitoring, & risk bearing: A study of executive compensation, ownership, & board structure in initial public offerings. Administrative Science Quarterly, 39, 313-335.
    • (1994) Administrative Science Quarterly , vol.39 , pp. 313-335
    • Beatty, R.P.1    Zajac, E.J.2
  • 17
    • 84888588346 scopus 로고
    • Power and managerial dismissal: Scapegoating at the top
    • Boeker, W. (1992). Power and managerial dismissal: Scapegoating at the top. Administrative Science Quarterly, 37(3), 400-422.
    • (1992) Administrative Science Quarterly , vol.37 , Issue.3 , pp. 400-422
    • Boeker, W.1
  • 18
    • 0001925832 scopus 로고
    • Testing a causal model of corporate risk taking and performance
    • Bromiley, P. (1991). Testing a causal model of corporate risk taking and performance. Academy of Management Journal, 34, 37-59.
    • (1991) Academy of Management Journal , vol.34 , pp. 37-59
    • Bromiley, P.1
  • 19
    • 78249281484 scopus 로고    scopus 로고
    • A prospect theory model of resource allocation
    • Bromiley, P. (2009). A prospect theory model of resource allocation. Decision Analysis, 6, 124-136.
    • (2009) Decision Analysis , vol.6 , pp. 124-136
    • Bromiley, P.1
  • 20
    • 1842550091 scopus 로고    scopus 로고
    • Risk in strategic management research
    • In M. Hitt, R. E. Freeman, amp; J. Harrison (Eds.),Malden, MA: Blackwell.
    • Bromiley, P., Miller, K. D., & Rau, D. (2001). Risk in strategic management research. In M. Hitt, R. E. Freeman, & J. Harrison (Eds.), Handbook of strategic management (pp. 259-288). Malden, MA: Blackwell.
    • (2001) Handbook of strategic management , pp. 259-288
    • Bromiley, P.1    Miller, K.D.2    Rau, D.3
  • 21
    • 0032116927 scopus 로고    scopus 로고
    • The influence of institutional investors on myopic R&D investment behavior
    • Bushee, B. J. (1998). The influence of institutional investors on myopic R&D investment behavior. Accounting Review, 73(3), 305-333.
    • (1998) Accounting Review , vol.73 , Issue.3 , pp. 305-333
    • Bushee, B.J.1
  • 22
    • 0036961546 scopus 로고    scopus 로고
    • Microlevel opportunity structures as determinants of non-CEO executive pay
    • Carpenter, M. A., & Wade, J. B. (2002). Microlevel opportunity structures as determinants of non-CEO executive pay. Academy of Management Journal, 45(6), 1085-1103.
    • (2002) Academy of Management Journal , vol.45 , Issue.6 , pp. 1085-1103
    • Carpenter, M.A.1    Wade, J.B.2
  • 23
    • 0042261097 scopus 로고    scopus 로고
    • Future as history: The prospects for global convergence in corporate governance and its implications
    • Coffee, J. C., Jr. (1998). Future as history: The prospects for global convergence in corporate governance and its implications. Northwestern University Law Review, 93, 641.
    • (1998) Northwestern University Law Review , vol.93 , pp. 641
    • Coffee Jr, J.C.1
  • 25
    • 0036346607 scopus 로고    scopus 로고
    • The relationship between managerial ownership & firm performance in high R&D firms
    • Cui, H., & Mak, Y. T. (2002). The relationship between managerial ownership & firm performance in high R&D firms. Journal of Corporate Finance, 8(4), 313-336.
    • (2002) Journal of Corporate Finance , vol.8 , Issue.4 , pp. 313-336
    • Cui, H.1    Mak, Y.T.2
  • 27
  • 28
    • 0000720093 scopus 로고    scopus 로고
    • The impact of stocks and flows of organizational knowledge on firm performance: An empirical investigation of the biotechnology industry
    • DeCarolis, D. M., & Deeds, D. (1999). The impact of stocks and flows of organizational knowledge on firm performance: An empirical investigation of the biotechnology industry. Strategic Management Journal, 20, 953-968.
    • (1999) Strategic Management Journal , vol.20 , pp. 953-968
    • DeCarolis, D.M.1    Deeds, D.2
  • 29
    • 33745823012 scopus 로고    scopus 로고
    • Science and technology as predictors of stock performance
    • Deng, Z., Lev, B., & Narin, F. 2001. Science and technology as predictors of stock performance. Financial Analysts Journal, 20, 953-968.
    • (2001) Financial Analysts Journal , vol.20 , pp. 953-968
    • Deng, Z.1    Lev, B.2    Narin, F.3
  • 30
    • 61349114266 scopus 로고    scopus 로고
    • Moving closer to the action: Examining compensation design effects on firm risk
    • Devers, C. E., McNamara, G., Wiseman, R. M., & Arrfelt, M. (2008). Moving closer to the action: Examining compensation design effects on firm risk. Organization Science, 19, 548-566.
    • (2008) Organization Science , vol.19 , pp. 548-566
    • Devers, C.E.1    McNamara, G.2    Wiseman, R.M.3    Arrfelt, M.4
  • 31
    • 0000857363 scopus 로고
    • Asset stock accumulation and sustainability of competitive advantage
    • Dieryckx, I., & Cool, K. (1991). Asset stock accumulation and sustainability of competitive advantage. Management Science, 35, 1504-1511.
    • (1991) Management Science , vol.35 , pp. 1504-1511
    • Dieryckx, I.1    Cool, K.2
  • 32
    • 13244265669 scopus 로고    scopus 로고
    • Conceptualizing and measuring capabilities: Methodology and empirical application
    • Dutta, S., Narasimhan, O. M., & Rajiv, S. (2005). Conceptualizing and measuring capabilities: Methodology and empirical application. Strategic Management Journal, 26(3), 277-285.
    • (2005) Strategic Management Journal , vol.26 , Issue.3 , pp. 277-285
    • Dutta, S.1    Narasimhan, O.M.2    Rajiv, S.3
  • 33
    • 0002321903 scopus 로고
    • Impact of process and outcome feedback on the relation of goal setting to task performance
    • Earley, P. C., Northcraft, G. B., Lee, C., & Lituchy, T. R. (1990). Impact of process and outcome feedback on the relation of goal setting to task performance. Academy of Management Journal, 33(1), 87-105.
    • (1990) Academy of Management Journal , vol.33 , Issue.1 , pp. 87-105
    • Earley, P.C.1    Northcraft, G.B.2    Lee, C.3    Lituchy, T.R.4
  • 34
    • 0010703494 scopus 로고    scopus 로고
    • Multidimensional constructs in organizational research: An integrative analytical framework
    • Edwards, J. R. (2001). Multidimensional constructs in organizational research: An integrative analytical framework. Organizational Research Methods, 4(2), 144-192.
    • (2001) Organizational Research Methods , vol.4 , Issue.2 , pp. 144-192
    • Edwards, J.R.1
  • 35
    • 38249006872 scopus 로고
    • Measuring the technological intensity of the industrial sector: A methodological and empirical approach
    • Felsenstein, D., & Bar-El, R. (1989). Measuring the technological intensity of the industrial sector: A methodological and empirical approach. Research Policy, 18, 239-252.
    • (1989) Research Policy , vol.18 , pp. 239-252
    • Felsenstein, D.1    Bar-El, R.2
  • 36
    • 79960062404 scopus 로고    scopus 로고
    • March., House Financial Services Committee hearing.
    • Geithner, T. (2009, March). Written testimony, House Financial Services Committee hearing.
    • (2009) Written testimony
    • Geithner, T.1
  • 37
    • 0001240334 scopus 로고
    • Self-efficacy: Implications for organizational behavior and human resource management
    • Gist, M. E. (1987). Self-efficacy: Implications for organizational behavior and human resource management. Academy of Management Review, 12, 472-485.
    • (1987) Academy of Management Review , vol.12 , pp. 472-485
    • Gist, M.E.1
  • 38
    • 0000806910 scopus 로고
    • Self-efficacy: A theoretical analysis of its determinants and malleability
    • Gist, M. E., & Mitchell, T. R. (1992). Self-efficacy: A theoretical analysis of its determinants and malleability. Academy of Management Review, 17, 183-211.
    • (1992) Academy of Management Review , vol.17 , pp. 183-211
    • Gist, M.E.1    Mitchell, T.R.2
  • 42
    • 0031498121 scopus 로고    scopus 로고
    • Reframing executive compensation: An assessment and outlook
    • Gomez-Mejia, L., & Wiseman, R. M. (1997). Reframing executive compensation: An assessment and outlook. Journal of Management, 23, 291-375.
    • (1997) Journal of Management , vol.23 , pp. 291-375
    • Gomez-Mejia, L.1    Wiseman, R.M.2
  • 44
    • 0032220357 scopus 로고    scopus 로고
    • Performance, aspirations, and risky organizational change
    • Greve, H. R. (1998). Performance, aspirations, and risky organizational change. Administrative Science Quarterly, 44, 58-86.
    • (1998) Administrative Science Quarterly , vol.44 , pp. 58-86
    • Greve, H.R.1
  • 45
    • 0242426910 scopus 로고    scopus 로고
    • A behavioral theory of R&D expenditures and innovations: Evidence from shipbuilding
    • Greve, H. R. (2003). A behavioral theory of R&D expenditures and innovations: Evidence from shipbuilding. Academy of Management Journal, 46, 685-702.
    • (2003) Academy of Management Journal , vol.46 , pp. 685-702
    • Greve, H.R.1
  • 46
    • 0002160602 scopus 로고
    • Productivity and R&D at the firm level
    • In Z. Griliches (Ed.), Chicago, IL: University of Chicago Press.
    • Griliches, Z., & Mairesse, J. (1984). Productivity and R&D at the firm level. In Z. Griliches (Ed.), R&D, patents and productivity. Chicago, IL: University of Chicago Press.
    • (1984) R&D, patents and productivity
    • Griliches, Z.1    Mairesse, J.2
  • 47
    • 0031501143 scopus 로고    scopus 로고
    • Managing intellectual capital: Licensing and cross-licensing in semiconductors and electronics
    • Grindley, P. C., & Teece, D. J. (1997). Managing intellectual capital: Licensing and cross-licensing in semiconductors and electronics. California Management Review, 39(2), 8-41.
    • (1997) California Management Review , vol.39 , Issue.2 , pp. 8-41
    • Grindley, P.C.1    Teece, D.J.2
  • 49
    • 33845260359 scopus 로고
    • Exploring the relationship between R&D and productivity in French manufacturing firms
    • Hall, B. H., & Mairesse, J. (1995). Exploring the relationship between R&D and productivity in French manufacturing firms. Journal of Econometrics, 65(1), 263-293.
    • (1995) Journal of Econometrics , vol.65 , Issue.1 , pp. 263-293
    • Hall, B.H.1    Mairesse, J.2
  • 50
    • 0000194533 scopus 로고
    • Upper echelons: The organization as a reflection of its top managers
    • Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9, 193-206.
    • (1984) Academy of Management Review , vol.9 , pp. 193-206
    • Hambrick, D.C.1    Mason, P.A.2
  • 51
    • 0031094431 scopus 로고    scopus 로고
    • Explaining the premiums paid for large acquisitions: Evidence of CEO hubris
    • Hayward, M., & Hambrick, D. C. (1997). Explaining the premiums paid for large acquisitions: Evidence of CEO hubris. Administrative Science Quarterly, 42, 103-127.
    • (1997) Administrative Science Quarterly , vol.42 , pp. 103-127
    • Hayward, M.1    Hambrick, D.C.2
  • 52
    • 0002682850 scopus 로고
    • Effects of ownership structure and control on corporate productivity
    • Hill, C. W. L., & Snell, S. A. (1989). Effects of ownership structure and control on corporate productivity. Academy of Management Journal, 32, 25-46.
    • (1989) Academy of Management Journal , vol.32 , pp. 25-46
    • Hill, C.W.L.1    Snell, S.A.2
  • 53
    • 63049139535 scopus 로고    scopus 로고
    • When does entrepreneurial self-efficacy enhance versus reduce firm performance?
    • Hmieleski, K. M., & Baron, R. A. (2008). When does entrepreneurial self-efficacy enhance versus reduce firm performance? Strategic Entrepreneurship Journal, 2(1), 57-72.
    • (2008) Strategic Entrepreneurship Journal , vol.2 , Issue.1 , pp. 57-72
    • Hmieleski, K.M.1    Baron, R.A.2
  • 54
    • 0000139691 scopus 로고
    • Moral hazard and observability
    • Holmstrom, B. (1979). Moral hazard and observability. Bell Journal of Economics, 10, 74-91.
    • (1979) Bell Journal of Economics , vol.10 , pp. 74-91
    • Holmstrom, B.1
  • 55
    • 84989103793 scopus 로고
    • Strategic control systems and relative R&D investment in large multiproduct firms
    • Hoskisson, R. E., & Hitt, M. A. (1988). Strategic control systems and relative R&D investment in large multiproduct firms. Strategic Management Journal, 9, 605-621.
    • (1988) Strategic Management Journal , vol.9 , pp. 605-621
    • Hoskisson, R.E.1    Hitt, M.A.2
  • 56
    • 21144484752 scopus 로고
    • Managerial incentives and investment in R&D in large multiproduct firms
    • Hoskisson, R. E., Hitt, M. A., & Hill, C. W. (1993). Managerial incentives and investment in R&D in large multiproduct firms. Organization Science, 4, 325-342.
    • (1993) Organization Science , vol.4 , pp. 325-342
    • Hoskisson, R.E.1    Hitt, M.A.2    Hill, C.W.3
  • 57
    • 84989036165 scopus 로고
    • Construct validity of an objective (entropy) categorical measure of diversification strategy
    • Hoskisson, R. E., Hitt, M. A., Johnson, R. A., & Moesel, D. D. (1993). Construct validity of an objective (entropy) categorical measure of diversification strategy. Strategic Management Journal, 14, 215-235.
    • (1993) Strategic Management Journal , vol.14 , pp. 215-235
    • Hoskisson, R.E.1    Hitt, M.A.2    Johnson, R.A.3    Moesel, D.D.4
  • 58
    • 0003559593 scopus 로고
    • Cambridge, England: Cambridge University Press.
    • Hsiao, C. (1986). Analysis of panel data. Cambridge, England: Cambridge University Press.
    • (1986) Analysis of panel data
    • Hsiao, C.1
  • 59
    • 84929230402 scopus 로고
    • Developing more encompassing theories about organizations: The centralization-effectiveness relationship as an example
    • Huber, G. P., Miller, C. C., & Glick, W. H. (1990). Developing more encompassing theories about organizations: The centralization-effectiveness relationship as an example. Organization Science, 1(1), 11-40.
    • (1990) Organization Science , vol.1 , Issue.1 , pp. 11-40
    • Huber, G.P.1    Miller, C.C.2    Glick, W.H.3
  • 60
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • Jensen, M. C., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305-360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.2
  • 61
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47, 263-291.
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 62
    • 0001050575 scopus 로고
    • A causal model of linkages among environmental dimensions, macro organizational characteristics, and performance
    • Keats, B. W., & Hitt, M. A. (1988). A causal model of linkages among environmental dimensions, macro organizational characteristics, and performance. Academy of Management Journal, 31, 570-598.
    • (1988) Academy of Management Journal , vol.31 , pp. 570-598
    • Keats, B.W.1    Hitt, M.A.2
  • 64
    • 1942424039 scopus 로고    scopus 로고
    • Patent quality and research productivity: Measuring innovation with multiple indicators
    • Lanjouw, J. O., & Schankerman, M. (2004). Patent quality and research productivity: Measuring innovation with multiple indicators. Economic Journal, 114, 441-465.
    • (2004) Economic Journal , vol.114 , pp. 441-465
    • Lanjouw, J.O.1    Schankerman, M.2
  • 66
    • 84933486953 scopus 로고
    • Management of technology and moose on tables
    • Leonard-Barton, D. (1992). Management of technology and moose on tables. Organization Science, 3(4), 556-558.
    • (1992) Organization Science , vol.3 , Issue.4 , pp. 556-558
    • Leonard-Barton, D.1
  • 67
    • 77149172576 scopus 로고    scopus 로고
    • CEO hubris and firm risk taking in China: The moderating role of managerial discretion
    • Li, J., & Tang, Y. (2010). CEO hubris and firm risk taking in China: The moderating role of managerial discretion. Academy of Management Journal, 53, 45-68.
    • (2010) Academy of Management Journal , vol.53 , pp. 45-68
    • Li, J.1    Tang, Y.2
  • 68
    • 84977312992 scopus 로고
    • The impact of R&D investment on productivity-new evidence using linked R&D-LRD data
    • Lichtenberg, F. R., & Siegel, D. (1991). The impact of R&D investment on productivity-new evidence using linked R&D-LRD data. Economic Inquiry, 29(2), 203-229.
    • (1991) Economic Inquiry , vol.29 , Issue.2 , pp. 203-229
    • Lichtenberg, F.R.1    Siegel, D.2
  • 69
  • 71
    • 33750064574 scopus 로고    scopus 로고
    • CEO incentives, innovation, and performance in technology-intensive firms
    • Makri, M., Lane, P. J., & Gomez-Mejia, L. R. (2006). CEO incentives, innovation, and performance in technology-intensive firms. Strategic Management Journal, 27, 1057-1080.
    • (2006) Strategic Management Journal , vol.27 , pp. 1057-1080
    • Makri, M.1    Lane, P.J.2    Gomez-Mejia, L.R.3
  • 72
    • 84879661698 scopus 로고    scopus 로고
    • Executive stock options and CEO risk taking: Re-visiting the behavioral agency model
    • Martin, G. P., Gomez-Mejia, L. R., & Wiseman, R. M. (2013). Executive stock options and CEO risk taking: Re-visiting the behavioral agency model. Academy of Management Journal, 56, 451-472.
    • (2013) Academy of Management Journal , vol.56 , pp. 451-472
    • Martin, G.P.1    Gomez-Mejia, L.R.2    Wiseman, R.M.3
  • 73
    • 45849087323 scopus 로고    scopus 로고
    • The accentuated CEO career horizon problem: Evidence from international acquisitions
    • Matta, E., & Beamish, P. W. (2008). The accentuated CEO career horizon problem: Evidence from international acquisitions. Strategic Management Journal, 29, 683-700.
    • (2008) Strategic Management Journal , vol.29 , pp. 683-700
    • Matta, E.1    Beamish, P.W.2
  • 75
    • 0000851698 scopus 로고
    • The effects of research and development intensity on managerial compensation in large organizations
    • Milkovich, G. T., Gerhart, B., & Hannon, J. (1991). The effects of research and development intensity on managerial compensation in large organizations. Journal of High Technology Management Research, 2, 133-145.
    • (1991) Journal of High Technology Management Research , vol.2 , pp. 133-145
    • Milkovich, G.T.1    Gerhart, B.2    Hannon, J.3
  • 79
    • 0002537125 scopus 로고
    • The hubris hypothesis of corporate takeovers
    • Roll, R. (1986). The hubris hypothesis of corporate takeovers. Journal of Business, 59, 197-216.
    • (1986) Journal of Business , vol.59 , pp. 197-216
    • Roll, R.1
  • 81
    • 0035534616 scopus 로고    scopus 로고
    • Behavioral responses of CEOs to stock ownership and stock option pay
    • Sanders, W. G. (2001). Behavioral responses of CEOs to stock ownership and stock option pay. Academy of Management Journal, 44(3), 477-492.
    • (2001) Academy of Management Journal , vol.44 , Issue.3 , pp. 477-492
    • Sanders, W.G.1
  • 82
    • 36749081591 scopus 로고    scopus 로고
    • Swinging for the fences: The effects of CEO stock options on company risk taking and performance
    • Sanders, W. G., & Hambrick, D. C. (2007). Swinging for the fences: The effects of CEO stock options on company risk taking and performance. Academy of Management Journal, 50, 1055-1078.
    • (2007) Academy of Management Journal , vol.50 , pp. 1055-1078
    • Sanders, W.G.1    Hambrick, D.C.2
  • 83
    • 21844490470 scopus 로고
    • Impact of agency risks and task uncertainty on venture capital
    • Sapienza, H., & Gupta, A. (1994). Impact of agency risks and task uncertainty on venture capital. Academy of Management Journal, 37(6), 1618-1632.
    • (1994) Academy of Management Journal , vol.37 , Issue.6 , pp. 1618-1632
    • Sapienza, H.1    Gupta, A.2
  • 86
    • 0342775775 scopus 로고    scopus 로고
    • Dynamic capabilities and strategic management
    • Teece, D.J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509 - 533.
    • (1997) Strategic Management Journal , vol.18 , Issue.7 , pp. 509-533
    • Teece, D.J.1    Pisano, G.2    Shuen, A.3
  • 87
    • 0001355948 scopus 로고    scopus 로고
    • How much does performance matter? A meta-analysis of CEO pay studies
    • Tosi, H. L., Werner, S., Katz, J. P., & Gomez-Mejia, L. R. (2000). How much does performance matter? A meta-analysis of CEO pay studies. Journal of Management, 26, 301-339.
    • (2000) Journal of Management , vol.26 , pp. 301-339
    • Tosi, H.L.1    Werner, S.2    Katz, J.P.3    Gomez-Mejia, L.R.4
  • 88
    • 0000556357 scopus 로고    scopus 로고
    • Capabilities, cognition, and inertia: Evidence from digital imaging
    • Tripsas, M., & Gavetti, G. (2000). Capabilities, cognition, and inertia: Evidence from digital imaging. Strategic Management Journal, 21, 1147-1161.
    • (2000) Strategic Management Journal , vol.21 , pp. 1147-1161
    • Tripsas, M.1    Gavetti, G.2
  • 89
    • 34247529903 scopus 로고
    • Availability: A heuristic for judging frequency and probability
    • Tversky, A., & Kahneman, D. (1973). Availability: A heuristic for judging frequency and probability. Cognitive Psychology, 5(2), 207-232.
    • (1973) Cognitive Psychology , vol.5 , Issue.2 , pp. 207-232
    • Tversky, A.1    Kahneman, D.2
  • 90
    • 31744450082 scopus 로고
    • Advances in prospect theory: Cumulative representation of uncertainty
    • Tversky, A., & Kahneman, D. (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of Risk & Uncertainty, 5, 297-323.
    • (1992) Journal of Risk & Uncertainty , vol.5 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 91
    • 0000833421 scopus 로고
    • Measurement of business performance in strategy research: A comparison of approaches
    • Venkatraman, N., & Ramanujam, V. (1986). Measurement of business performance in strategy research: A comparison of approaches. Academy of Management Review, 11, 801-814.
    • (1986) Academy of Management Review , vol.11 , pp. 801-814
    • Venkatraman, N.1    Ramanujam, V.2
  • 92
  • 93
    • 0000744744 scopus 로고
    • Social cognitive theory of organizational management
    • Wood, R., & Bandura, A. (1989). Social cognitive theory of organizational management. Academy of Management Review, 14, 361-384.
    • (1989) Academy of Management Review , vol.14 , pp. 361-384
    • Wood, R.1    Bandura, A.2
  • 94
    • 0030115106 scopus 로고    scopus 로고
    • Impact of corporate, insider, blockholder and institutional equity ownership on risk taking
    • Wright, P., Ferris, S. P., Sarin, A., & Awasthi, V. (1996). Impact of corporate, insider, blockholder and institutional equity ownership on risk taking. Academy of Management Journal, 39(2), 441-458.
    • (1996) Academy of Management Journal , vol.39 , Issue.2 , pp. 441-458
    • Wright, P.1    Ferris, S.P.2    Sarin, A.3    Awasthi, V.4
  • 95
    • 33846076675 scopus 로고    scopus 로고
    • Influences of top management team incentives on firm risk taking
    • Wright, P., Kroll, M., Krug, J. A., & Pettus, M. (2007). Influences of top management team incentives on firm risk taking. Strategic Management Journal, 28, 81-89.
    • (2007) Strategic Management Journal , vol.28 , pp. 81-89
    • Wright, P.1    Kroll, M.2    Krug, J.A.3    Pettus, M.4
  • 96
    • 36048958884 scopus 로고    scopus 로고
    • Managing the future: CEO attention and innovation outcomes
    • Yadav, M. S., Prabhu, J. C., & Chandy, R. K. (2007). Managing the future: CEO attention and innovation outcomes. Journal of Marketing, 71(4), 84-101.
    • (2007) Journal of Marketing , vol.71 , Issue.4 , pp. 84-101
    • Yadav, M.S.1    Prabhu, J.C.2    Chandy, R.K.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.