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| Author: | Delgado-Garcia, J.B. Fuente-Sabate, J.M. de la |
| Title: | How do CEO emotions matter? Impact of CEO affective traits on strategic and performance conformity in the Spanish banking industry |
| Journal: | Strategic Management Journal
2010 : MAY, VOL: 31:5, p. 562-574 |
| Index terms: | Spain banking chief executive officers managers emotions strategy |
| Freeterms: | performance deviation managerial discretion |
| Language: | eng |
| Abstract: | In a sample of Spanish banks and savings banks, this article analyzes the influence of the affective traits of CEOs, their long-term tendency to experience positive or negative moods or emotions, on strategy and performance conformity. The results show that managers' negative affective traits are related to more conformist strategies and more typical performance, while positive affective traits appear to promote outcomes deviating from the central tendencies of the industry. Moreover, it is also shown that strategic conformity mediates the relationship btw. CEO negative affective traits and typical performance. |
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