Top management teams' characteristics and strategic decision-making: A mediation of risk perceptions and mental models

Tungju Wu, Yenchun Jim Wu*, Hsientang Tsai, Yibin Li

*此作品的通信作者

研究成果: 雜誌貢獻期刊論文同行評審

24 引文 斯高帕斯(Scopus)

摘要

Strategic decision-making is a key factor of sustainability and development in enterprises. Moreover, the top management team (TMT) of an enterprise constitutes the base for decision-making. This study employed structural equation modeling to analyze questionnaires regarding TMTs' characteristics and strategic decision-making, and tested the mediating effects of risk perceptions and mental models and the moderating effects of psychological ownership. We investigated 289 valid questionnaires on TMTs completed by representatives from enterprises in China and found risk perceptions and mental models that serve as a mediating factor and are affected by the TMTs' characteristics and decision-making. We also found that psychological ownership exerts moderating effects between TMTs' characteristics and decision-making. This paper concludes with a discussion of theoretical and managerial implications for enterprise owners.

原文英語
文章編號2265
期刊Sustainability (Switzerland)
9
發行號12
DOIs
出版狀態已發佈 - 2017 12月 7

ASJC Scopus subject areas

  • 地理、規劃與發展
  • 可再生能源、永續發展與環境
  • 環境科學(雜項)
  • 能源工程與電力技術
  • 管理、監督、政策法律

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