Does CEO charisma matter? An empirical analysis of the relationships among organizational performance, environmental uncertainty, and top management team perceptions of CEO charisma

• 成果类型: Article
• 署名作者: Agle, BR; Nagarajan, NJ; Sonnenfeld, JA; Srinivasan, D
• 署名单位: Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Yale University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• 发表日期: 2006
• 页码: 161-174
• 关键词: TRANSFORMATIONAL LEADERSHIP; financial performance; contextual influences; INTERRATER AGREEMENT; firm performance; COMPENSATION; ROMANCE

摘要

This article reports the results of a study examining the relationships among strategic charismatic leadership, organizational performance, and environmental uncertainty with primary data from a sample of 128 CEOs of major U.S. corporations. Drawing on 770 surveys from top management team members in these companies, objective stock market and accounting data, and an objective measure of environmental uncertainty, we found that organizational performance was associated with subsequent perceptions of CEO charisma but that perceptions of CEO charisma were not associated with subsequent organizational performance, even after we incorporated the potential moderating effect of environmental uncertainty.