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Antecedents and effects of emotions in strategic decision-making: a literature review and conceptual model

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  • Franziska Neumann

    (Philipps-University Marburg)

Abstract

Individual emotions are essential driving forces in strategic decision-making. Nevertheless, the current state of research on emotions and their effects on strategic decision-making is fragmented and inconsistent. Therefore, this paper presents a narrative literature review that aims to bring some structure into current research and to advance an agenda for a future research on emotions in the strategic decision-making context. Based on cognitive appraisal theory and affective events theory this review focuses on organizational and individual antecedents for the development of emotions in the strategic decision-making context as well as on the effects of emotions on the strategic decision-making process. The paper concludes with a conceptual framework that summarizes the findings of this review and indicates possible directions for future research.

Suggested Citation

  • Franziska Neumann, 2017. "Antecedents and effects of emotions in strategic decision-making: a literature review and conceptual model," Management Review Quarterly, Springer, vol. 67(3), pages 175-200, June.
    • Handle: RePEc:spr:manrev:v:67:y:2017:i:3:d:10.1007_s11301-017-0127-1
    DOI: 10.1007/s11301-017-0127-1
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    References listed on IDEAS

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    Cited by:

    1. Marli Gonan Božac & Katarina Kostelić, 2021. "HR Managers’ Emotions in Strategic Decision-Making Events: Evidence from Croatia," Sustainability, MDPI, vol. 13(2), pages 1-31, January.
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    3. Tobias Thomas Prietzel, 2020. "The effect of emotion on risky decision making in the context of prospect theory: a comprehensive literature review," Management Review Quarterly, Springer, vol. 70(3), pages 313-353, August.
    4. Ostmeier, Esther & Strobel, Maria, 2022. "Building skills in the context of digital transformation: How industry digital maturity drives proactive skill development," Journal of Business Research, Elsevier, vol. 139(C), pages 718-730.

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    More about this item

    Keywords

    Strategic decision-making process; Positive emotions; Negative emotions; Antecedents; Cognitive appraisal theory; Affective events theory;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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