The purpose of this study was to expand research on personality and leadership by investigating the relationship between leader personality and firm performance. Drawing from research on the five-factor model of personality ("the Big Fife") leader emotional adjustment (low neuroticism) and conscientiousness were hypothesized to be positively related to firm performance. Using a longitudinal sample of initial public offering (IPO) firms, results indicated that only emotional adjustment was related to two measures of firm performance. Specifically, leader emotional adjustment was associated with firms that had higher earnings per share and stock price, after adjusting for the influence of prior firm performance, as well as for the effects of several industry, firm, and demographic variables. In addition, leader extraversion was negatively related to earnings per share. Contrary to expectations, conscientiousness was not related to firm performance.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by Cornell - Center for Advanced Human Resource Studies in its series Papers with number
98-17.
Find related papers by JEL classification: M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executive Compensation