Purpose: The objective of this study is to contribute to the sales management literature by analyzing whether self-monitoring dimensions (the ability to adjust the presentation of one’s self and the sensitivity to the expressive behaviors of others) play a moderating role in the use of impression management—supervisor liking—performance rating nomological network.
Methodology/approach: Empirical analysis is based on dyadic data from 122 industrial salespeople and their sales managers in 9 different industries. Structural equation modelling was used to analyze the psychometric proprieties of the measurement scales, and conditional process analysis was used to test the proposed hypotheses.
Research implications: The results obtained indicate that the use of supervisor-focused impression management tactics is an indirect antecedent of a salesperson’s performance rating through sales manager liking, but not the self-focused tactics. Results also show that a self-monitoring dimension i.e., the ability to adjust the presentation of one’s self, moderates the “impression management—supervisor liking—performance rating” chain. These results provide an increased understanding of the processes involved in sales managers—salespeople’s interactions.
Practical implications: The main implication for salespeople is that the use of impression management tactics to influence performance ratings only is effective when they use supervisor-focused tactics because attempts to influence via self-focused tactics will not have any effect. The most important implication for sales managers’ is that not all impression management tactics are successfully executed and that the identification of combinations of impression management tactics and the levels of salespeople’s self-monitoring can positively influence performance appraisals by generating evaluative biases. Given that evaluative biases can produce inequitable behaviors by sales managers in the task assignments and support provided to the salespeople, it is important that sales managers are aware of when they can occur (i.e., when salespeople with a moderate ability to adjust their self-presentation use supervisor-focused tactics).
Originality/value/contribution of the article: This article contributes to the existing knowledge by two important means. First, this study proposes a model and presents an empirical test of constructs that mediate (i.e., supervisor liking) and moderate (i.e., self-monitoring dimensions) the “use of impression management tactics—sales manager liking—performance appraisal” relation. This model responds to calls for studies that analyze how impression management tactics are related to performance appraisal and when the relation between the use of these tactics and performance rating occurs. Two, this study uses data from both salespeople and their sales managers, which minimizes any risk of common method variance bias. 相似文献
This paper explores two of the most important theories behind financial policy in Small- and Medium-Sized Enterprises (SMEs),
namely, the pecking order and the trade-off theories. Panel data methodology is used to test empirical hypotheses on a sample
of 3,569 Spanish SMEs over a 10-year period dating from 1995 to 2004. Results suggest that both theoretical models help to
explain SME capital structure. However, despite finding clear evidence that SMEs follow a funding source hierarchy (pecking
order model), our results reveal that greater trust is placed in SMEs that aim to reach target or optimum leverage (trade-off
model). This remains true even when SMEs take a long time to reach this level, due to the high transaction costs they have
to face. Non-debt tax shields (NDTS), growth opportunities and internal resources all seem to play an important role in determining
SME capital structure. Both size and age are also found to be significant factors. Moreover, the empirical evidence obtained
confirms that SMEs clearly behave differently to large firms where financing is concerned.
Francisco Sogorb-Mira (Corresponding author)Email:
Sustainable development (SD) – that is, “Development that meets the needs of current generations without compromising the
ability of future generations to meet their needs and aspirations” – can be pursued in many different ways. Stakeholder relations
management (SRM) is one such way, through which corporations are confronted with economic, social, and environmental stakeholder
claims. This paper lays the groundwork for an empirical analysis of the question of how far SD can be achieved through SRM.
It describes the so-called SD–SRM perspective as a distinctive research approach and shows how it relates to the wider body
of stakeholder theory. Next, the concept of SD is operationalized for the microeconomic level with reference to important
documents. Based on the ensuing SD framework, it is shown how SD and SRM relate to each other, and how the two concepts relate
to other popular concepts such as Corporate Sustainability and Corporate Social Responsibility. The paper concludes that the
significance of societal guiding models such as SD and of management approaches like CSR is strongly dependent on their footing
in society.
Reinhard Steurer is a senior researcher and lecturer at the Research Institute for Managing Sustainability at the Vienna University
of Economics and Business Adminstration. His research focuses on the changing roles of states, businesses and civil societies
in the context of sustainable development. He is author and co-author of numerous articles, dealing with questions of how
governments and businesses tackle the challenge of sustainable development, and what the two societal domains can learn from
each other in doing so. He holds a Ph.D. in Political Science from the University of Salzburg/Austria, and a Masters in Public
Policy from the University of Maryland/U.S.A.
Markus E. Langer studied ecology and environmental economics at the
University of Vienna and the Vienna University of Economics and Business Adminstration as well as industrial environmental
management at Yale University. He is currently working as
Managing Director of FORUM Umweltbildung. Previously he was working since 1999 as a senior researcher and lecturer at the
Research Institute for Managing Sustainability at the Vienna
University of Economics and Business Adminstration. His research focused on the Evaluation of Sustainable Development as well
as Corporate Social Responsibility and Stakeholder Management.
Astrid Konrad studied business administration at the University of Graz. She has been working at the Research Institute for
Managing Sustainability at the Vienna University of Economics and Business Adminstration since 2002. Her research focus is
on Corporate Social Responsibility and Stakeholder Management.
André Martinuzzi studied business adminstration at the Vienna
University of Economics and Business Administration. He is working as a project manager at the Department of Environmental
Economics and Management since 1993, as a lecturer at the Vienna University of Economics and Business Adminstration and leads
the Managing Sustainability Research Centre since 1999. Since 2001 he worked as a scientific coordinator of Austria’s Sustainability
Strategy. In 2003 he worked as a scientific editor of the Corporate Social Responsibility vision statement of the Austrian
Industry and as a process consultant for the Austrian Forest Program. Research areas: Eco-Consulting, Corporate Sustainability,
Evaluating Sustainable Development, Sustainability Strategies and Stakeholder Dialogues. 相似文献
The present paper examines the directional causality between export diversification and real exchange rate in the middle-income countries of Asia and Latin America over the period from 1995 to 2013. Additionally, we investigate asymmetries in the causality issue by examining the direction across trading partners.
Our empirical results show that there is a two-way causality between the two variables when we look at the sample as a whole. A causal link running from the real exchange rate to export diversification is consistent with the standard literature but it is not systematic at all. The reverse causation is very appealing and challenges the standard argument on exchange rate determination. When the causality issue is investigated by treating export markets differently, our findings at the aggregate level are confirmed in exports destined for the advanced countries. The analysis for ‘South-South’ trade only shows a unidirectional link from the real exchange rate to changes in export diversification. The same tests performed at the individual countries level reveal a heterogeneous causality across trading partners. 相似文献
This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it is
possible to have the wrong type of entrepreneurship—defined as new firm formation which leads to zero or even negative subsequent
employment growth. It uses a very similar approach to that of Fritsch and Mueller (Regional Studies, 38(8), 961–976, 2004),
confirming their findings that the employment impact of new firm formation is in three discrete phases. Then, using data for
Great Britain, the paper shows the employment impact of new firm formation is significantly positive in the high-enterprise
counties of Great Britain. However, for the low-enterprise counties, it shows that new firm formation has a negative effect
on employment. Of the 15 low-enterprise regions, eight are Scottish (of nine Scottish regions in our data base) and three
are North East Counties (of four). Our findings imply that having the “wrong type of entrepreneurship” is indeed possible.
Research shows that, under certain circumstances, people using GSS can be substantially more productive than people who do not. However GSS has been slow to transition into the workplace. This paper argues that the Technology Transition Model (TTM) may be a useful way to explain this seeming paradox. The paper presents a case study of GSS transition in two organizations – one where a self-sustaining and growing community of users emerged, and one where it did not. Following TTM, it explores the frequency with which users perceived cognitive, economic, affective, political, social, and physical value from using the system. Comparison of the cases reveals differences in perceptions of value along several of these dimensions that are consistent with TTM. The findings suggest the model may be a useful way to explain the transition of collaboration technology, but more research will be required to test the model more rigorously. 相似文献
The short‐time asymptotic behavior of option prices for a variety of models with jumps has received much attention in recent years. In this work, a novel second‐order approximation for at‐the‐money (ATM) option prices is derived for a large class of exponential Lévy models with or without Brownian component. The results hereafter shed new light on the connection between both the volatility of the continuous component and the jump parameters and the behavior of ATM option prices near expiration. In the presence of a Brownian component, the second‐order term, in time‐t, is of the form , with d2 only depending on Y, the degree of jump activity, on σ, the volatility of the continuous component, and on an additional parameter controlling the intensity of the “small” jumps (regardless of their signs). This extends the well‐known result that the leading first‐order term is . In contrast, under a pure‐jump model, the dependence on Y and on the separate intensities of negative and positive small jumps are already reflected in the leading term, which is of the form . The second‐order term is shown to be of the form and, therefore, its order of decay turns out to be independent of Y. The asymptotic behavior of the corresponding Black–Scholes implied volatilities is also addressed. Our method of proof is based on an integral representation of the option price involving the tail probability of the log‐return process under the share measure and a suitable change of probability measure under which the pure‐jump component of the log‐return process becomes a Y‐stable process. Our approach is sufficiently general to cover a wide class of Lévy processes, which satisfy the latter property and whose Lévy density can be closely approximated by a stable density near the origin. Our numerical results show that the first‐order term typically exhibits rather poor performance and that the second‐order term can significantly improve the approximation's accuracy, particularly in the absence of a Brownian component. 相似文献
This article analyses whether small, young, and innovating firms have experienced a greater employment growth than other Spanish
firms over the period 1990–2000. The study draws upon a sample of 1272 manufacturing firms in which only 967 of the firms
survived for the entire ten year period. The analyses test Gibrat’s law, both by least squares and by utilizing the procedure
proposed by Heckman in which a probit survival equation is first estimated to correct for sample selection bias. Two estimators
correcting for selection bias are utilized: one that incorporates the inverse Mill’s ratio and the other that employs maximum
likelihood methods. All the results reject Gibrat’s law and support the proposition that small firms have grown larger. Additionally,
the results show that old firms grow less than young ones, and innovating activity – both process and product – is a strong
positive factor in the firm’s survival and its employment growth. 相似文献