Strategic entrepreneurial behaviors and firm performance: the moderating role of narcissism and Machiavellianism

IF 2.9 Q2 BUSINESS

Journal of Small Business and Enterprise Development Pub Date : 2023-08-23 DOI:10.1108/jsbed-10-2022-0409

Galina Shirokova, N. Galieva, Diana Doktorova, Joshua V. White, Louis D. Marino

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引用次数: 0

Abstract

PurposeThis study examines the relationship between strategic entrepreneurial behaviors (SEBs) and the performance of small and medium-sized enterprises (SMEs) in an emerging market context. The authors expand upon prior work in this area by building and testing a model that assesses the moderating effect of CEOs’ narcissism and Machiavellianism on the relationship between SEBs and SME performance.Design/methodology/approachTo test the authors’ theoretical model, the authors use the results of a larger data collection project in Russia to create a national random sample of 372 Russian SMEs that were approached between August and November 2019.FindingsThe authors found support for the positive relationship between SEBs and SME performance. Additionally, the authors found that CEO narcissism and Machiavellianism strengthen the relationship between SEBs and firm performance.Originality/valueThis study is an important step toward enriching the understanding of the role of CEO personality traits in shaping the efficiency of entrepreneurial behavior at the firm level. Extending previous research, the authors show that SEBs have a positive effect on firm performance in an emerging market context. Additionally, the authors contribute insight about how personality characteristics of CEOs, specifically narcissism and Machiavellianism, influence the relationship between entrepreneurial behavior and firm performance. Finally, the authors’ research contributes to the development of strategic leadership theory: the results offer insight to scholars regarding the potentially beneficial attributes of otherwise “dark” leaders.

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战略创业行为与企业绩效:自恋和马基雅维利主义的调节作用

目的研究新兴市场背景下的中小企业战略创业行为(SEBs)与绩效之间的关系。作者通过建立和测试一个模型来扩展这一领域的先前工作，该模型评估了ceo的自恋和马基雅维利主义对seb和中小企业绩效之间关系的调节作用。设计/方法/方法为了检验作者的理论模型，作者使用了俄罗斯一个更大的数据收集项目的结果，在2019年8月至11月期间，对372家俄罗斯中小企业进行了全国随机抽样。研究结果作者发现SEBs与中小企业绩效之间存在正相关关系。此外，作者发现CEO自恋和马基雅维利主义强化了seb与公司绩效之间的关系。原创性/价值本研究是在企业层面上丰富CEO人格特质在塑造创业行为效率中的作用的重要一步。在前人研究的基础上，作者发现，在新兴市场背景下，seb对企业绩效有积极影响。此外，作者还对ceo的人格特征，特别是自恋和马基雅维利主义，如何影响创业行为和公司绩效之间的关系提出了见解。最后，作者的研究有助于战略领导理论的发展:研究结果为学者们提供了关于“黑暗”领导者潜在有益属性的见解。

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来源期刊

Journal of Small Business and Enterprise Development BUSINESS-

CiteScore

6.40

自引率

6.50%

发文量

期刊介绍： ■Research in SMEs, entrepreneurship and family-run businesses ■Case studies on real-life small business experiences ■Small Business growth and successful enterprises ■Practical advice from small business advisors ■Recruitment, training and development for SMEs ■Performance measurement and business improvement ■Government initiatives and enterprise policy ■SME financing and venture capital. By encouraging debate on the key issues facing SMEs, the journal offers detailed analysis and critical assessment of current best practice, discusses the implications of latest research findings and explores opportunities to break down the barriers that restrict the growth of SMEs.