Experimental Examination of the Relationship between Relative Performance Information, Goal Setting and Performance

IF 0.8 Q4 BUSINESS, FINANCE

Asian Journal of Business and Accounting Pub Date : 2018-12-19 DOI:10.22452/AJBA.VOL11NO2.7

Theodorus Radja Ludji

{"title":"Experimental Examination of the Relationship between Relative Performance Information, Goal Setting and Performance","authors":"Theodorus Radja Ludji","doi":"10.22452/AJBA.VOL11NO2.7","DOIUrl":null,"url":null,"abstract":"Manuscript type: Research paper. Research aims: This study experimentally examines the relationship between relative performance information (RPI), goal setting and performance. Hypotheses are developed based on social comparison theory, goal setting theory and relevant prior studies. Design/Methodology/Approach: This study deploys multiple sessions of experiments with 110 undergraduate students as the participants. The two manipulated variables are the provision of RPI and the level of goal difficulty. Research findings: Results from the experiment indicate that the presence of RPI is positively associated with performance, and an attainable goal is associated with high goal commitment and eventually, higher performance. More importantly, this study finds an interaction between RPI and goal commitment, where the positive effect of RPI on performance is more pronounced in a condition where individual’s goal commitment is high. Theoretical contributions/Originality: This study contributes to the accounting literature by providing empirical evidence that the positive effect of RPI on performance can be enhanced to a greater degree by individual’s high commitment towards the assigned goal. Practitioner/Policy implications: This study has a practical implication by providing empirical evidence on how RPI and goal setting can be used strategically by firms to escalate employee’s performance. Research limitations/Implications: Limitations related to the types of RPI, goal levels and experiment task applied. Future studies may address these limitations and use a different type of task that is more closely associated with the current workplace situation. Keywords: Relative Performance Information, Goal Setting, Performance, Experimental ExaminationJEL Classification: M41","PeriodicalId":54083,"journal":{"name":"Asian Journal of Business and Accounting","volume":" ","pages":""},"PeriodicalIF":0.8000,"publicationDate":"2018-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Journal of Business and Accounting","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22452/AJBA.VOL11NO2.7","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

Abstract

Manuscript type: Research paper. Research aims: This study experimentally examines the relationship between relative performance information (RPI), goal setting and performance. Hypotheses are developed based on social comparison theory, goal setting theory and relevant prior studies. Design/Methodology/Approach: This study deploys multiple sessions of experiments with 110 undergraduate students as the participants. The two manipulated variables are the provision of RPI and the level of goal difficulty. Research findings: Results from the experiment indicate that the presence of RPI is positively associated with performance, and an attainable goal is associated with high goal commitment and eventually, higher performance. More importantly, this study finds an interaction between RPI and goal commitment, where the positive effect of RPI on performance is more pronounced in a condition where individual’s goal commitment is high. Theoretical contributions/Originality: This study contributes to the accounting literature by providing empirical evidence that the positive effect of RPI on performance can be enhanced to a greater degree by individual’s high commitment towards the assigned goal. Practitioner/Policy implications: This study has a practical implication by providing empirical evidence on how RPI and goal setting can be used strategically by firms to escalate employee’s performance. Research limitations/Implications: Limitations related to the types of RPI, goal levels and experiment task applied. Future studies may address these limitations and use a different type of task that is more closely associated with the current workplace situation. Keywords: Relative Performance Information, Goal Setting, Performance, Experimental ExaminationJEL Classification: M41

查看原文本刊更多论文

相对绩效信息、目标设定与绩效关系的实验研究

手稿类型：研究论文。研究目的：本研究通过实验考察了相对绩效信息（RPI）、目标设定和绩效之间的关系。假设是在社会比较理论、目标设定理论和相关先前研究的基础上发展起来的。设计/方法/方法：本研究采用了多个实验环节，110名本科生作为参与者。两个被操纵的变量是RPI的提供和进球难度的水平。研究结果：实验结果表明，RPI的存在与绩效呈正相关，可实现的目标与高目标承诺相关，最终与更高的绩效相关。更重要的是，本研究发现RPI和目标承诺之间存在相互作用，在个人目标承诺较高的情况下，RPI对绩效的积极影响更为明显。理论贡献/独创性：本研究通过提供实证证据为会计文献做出了贡献，即个人对指定目标的高度承诺可以在更大程度上增强RPI对绩效的积极影响。从业者/政策含义：本研究提供了企业如何战略性地使用RPI和目标设定来提升员工绩效的经验证据，具有实际意义。研究局限性/影响：与RPI类型、目标水平和应用的实验任务相关的局限性。未来的研究可能会解决这些限制，并使用与当前工作环境更密切相关的不同类型的任务。关键词：相对成绩信息，目标设定，成绩，实验考试JEL分类：M41

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Asian Journal of Business and Accounting BUSINESS, FINANCE-

CiteScore

2.00

自引率

11.10%

发文量

期刊介绍： An academic journal that aims to advance knowledge in the business and accounting disciplines, to narrow the gap between theory and practice, and to set direction for policy initiatives in Asia. Welcome to the Asian Journal of Business and Accounting (AJBA). AJBA is an international refereed journal, published biannually (30th June and 30th December) by the Faculty of Business and Accountancy, University of Malaya, Malaysia. AJBA aims to publish scholarly business researches that are relevant to Malaysia and the Asian region. It intends to highlight the practical implications in promoting better business decision making process and the formulation of public policy in Asia. This journal publishes theoretical, conceptual, and empirical papers within the broad areas of business and accounting in Asia. The AJBA covers a broad spectrum of the business and accounting disciplines. A suggestive (though not necessarily comprehensive) list of areas that would be included in this journal are: general management, strategic management, human resource management, organizational behaviour, labour and industrial relations, international business management, business communication, entrepreneurship, leadership, management science, operations management, production management, supply chain management, marketing management, brand management, consumer behaviour, information management, e-marketing, e-commerce, quality management, retailing, service marketing, hospitality management, hotel and tourism management, asset pricing, capital and money markets, corporate finance, derivatives markets, finance and banking, financial economics, etc.