Louisiana Tech University

Graduate Assistant

Guclu worked at Louisiana Tech University as a Graduate Assistant

Drake University

Assistant Professor of Management

Guclu worked at Drake University as a Assistant Professor of Management

Texas A&M University-Commerce

Associate Dean

Guclu worked at Texas A&M University-Commerce as a Associate Dean

Texas A&M University-Commerce

Associate Professor

Associate Professor of Management

Yurdaer Mimarlik

Consultant

Guclu worked at Yurdaer Mimarlik as a Consultant

University of Texas at Tyler

Senior Lecturer of Management

Guclu worked at University of Texas at Tyler as a Senior Lecturer of Management

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Detrimental Effects of Post-IPO Corporate Governance Changes: The Case of Young Entrepreneurial Firms

Management Decision

Purpose: We contend that immediately following the IPO, the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams. Following these alterations, we propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/Methodology/Approach: This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings: The results revealed that, following the changes in ownership structure post IPO, changes are observed in one of the corporate governance mechanisms we considered, boards of directors, but not top management teams (TMT). Consistent with the general theme of this study, we also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Originality/Value: This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post IPO shareholders’ interference with the governance mechanisms results in lower performance. Theoretical/Academic Implications: Contrary to the fundamental contentions of agency theory, our results highlight the need for adopting a different approach for young entrepreneurial firms. Practitioner/Policy Implications: Our findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Detrimental Effects of Post-IPO Corporate Governance Changes: The Case of Young Entrepreneurial Firms

Management Decision

Purpose: We contend that immediately following the IPO, the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams. Following these alterations, we propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/Methodology/Approach: This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings: The results revealed that, following the changes in ownership structure post IPO, changes are observed in one of the corporate governance mechanisms we considered, boards of directors, but not top management teams (TMT). Consistent with the general theme of this study, we also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Originality/Value: This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post IPO shareholders’ interference with the governance mechanisms results in lower performance. Theoretical/Academic Implications: Contrary to the fundamental contentions of agency theory, our results highlight the need for adopting a different approach for young entrepreneurial firms. Practitioner/Policy Implications: Our findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms.

The influence of political skill on career success in an Ecuadorian family firm: The mediating role of affective commitment

Inernational Journal of Cross Cultural Management

Human capital attributes, such as political skill, motivate employees and relate to their success. While political skill is associated with greater objective (i.e. salary) and subjective (i.e. career satisfaction) career success, the strength of these relationships has been inconsistent. Grounded in social identity theory, therefore, we propose and test the hypothesis that in certain types of contexts, political skill may be more strongly associated with subjective career success than objective career success. The sample (N = 856) was taken from a large family-controlled financial services firm in Ecuador. Using Smart Partial Least Squares (PLS) structural equation modeling, our results showed that, in the unique Ecuadorian context, political skill is more strongly related to career satisfaction than to performance evaluations or salary. In addition, the relationship between political skill and career satisfaction is partially mediated by affective commitment. Theoretical explanations of how political skill operates in non-Western contexts have not been addressed in the extant literature. As such, our single-culture context provides an elaboration-type advancement in political skill theory by testing the boundaries of the theory in very specific contexts. This work contributes to cross-cultural management research by providing a reason for why specific employee skill sets may be developed in different ways depending on cultural specifics. As such, excelling at certain work skills may be much more socially complex when cultural dynamics are taken into consideration.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Detrimental Effects of Post-IPO Corporate Governance Changes: The Case of Young Entrepreneurial Firms

Management Decision

Purpose: We contend that immediately following the IPO, the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams. Following these alterations, we propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/Methodology/Approach: This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings: The results revealed that, following the changes in ownership structure post IPO, changes are observed in one of the corporate governance mechanisms we considered, boards of directors, but not top management teams (TMT). Consistent with the general theme of this study, we also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Originality/Value: This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post IPO shareholders’ interference with the governance mechanisms results in lower performance. Theoretical/Academic Implications: Contrary to the fundamental contentions of agency theory, our results highlight the need for adopting a different approach for young entrepreneurial firms. Practitioner/Policy Implications: Our findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms.

The influence of political skill on career success in an Ecuadorian family firm: The mediating role of affective commitment

Inernational Journal of Cross Cultural Management

Human capital attributes, such as political skill, motivate employees and relate to their success. While political skill is associated with greater objective (i.e. salary) and subjective (i.e. career satisfaction) career success, the strength of these relationships has been inconsistent. Grounded in social identity theory, therefore, we propose and test the hypothesis that in certain types of contexts, political skill may be more strongly associated with subjective career success than objective career success. The sample (N = 856) was taken from a large family-controlled financial services firm in Ecuador. Using Smart Partial Least Squares (PLS) structural equation modeling, our results showed that, in the unique Ecuadorian context, political skill is more strongly related to career satisfaction than to performance evaluations or salary. In addition, the relationship between political skill and career satisfaction is partially mediated by affective commitment. Theoretical explanations of how political skill operates in non-Western contexts have not been addressed in the extant literature. As such, our single-culture context provides an elaboration-type advancement in political skill theory by testing the boundaries of the theory in very specific contexts. This work contributes to cross-cultural management research by providing a reason for why specific employee skill sets may be developed in different ways depending on cultural specifics. As such, excelling at certain work skills may be much more socially complex when cultural dynamics are taken into consideration.

Volatile oil and the U.S. economy

http://www.sciencedirect.com/science/journal/03135926

Volatile oil prices have been an interesting topic for both market participants and policy makers. While several studies have attempted to test the interaction between oil price shocks and the economy, there is limited research evaluating the impact of oil price volatility on the U.S. economy. This study attempts to provide a relatively complete picture through testing for the interactions between oil prices, macroeconomic variables and other shock variables commonly used in literature. In addition, we show that Brent oil prices contain more information in predicting macroeconomic variables then the West Texas Intermediate oil prices. Econometric methods utilized here help evaluate the interactions from the short-run, long-run and volatility transmission perspectives. Our results show that not only oil prices significantly impact the U.S. economy, but the volatility of those prices also spillover to a significant portion of the macroeconomic variables.

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Detrimental Effects of Post-IPO Corporate Governance Changes: The Case of Young Entrepreneurial Firms

Management Decision

Purpose: We contend that immediately following the IPO, the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams. Following these alterations, we propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/Methodology/Approach: This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings: The results revealed that, following the changes in ownership structure post IPO, changes are observed in one of the corporate governance mechanisms we considered, boards of directors, but not top management teams (TMT). Consistent with the general theme of this study, we also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Originality/Value: This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post IPO shareholders’ interference with the governance mechanisms results in lower performance. Theoretical/Academic Implications: Contrary to the fundamental contentions of agency theory, our results highlight the need for adopting a different approach for young entrepreneurial firms. Practitioner/Policy Implications: Our findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms.

The influence of political skill on career success in an Ecuadorian family firm: The mediating role of affective commitment

Inernational Journal of Cross Cultural Management

Human capital attributes, such as political skill, motivate employees and relate to their success. While political skill is associated with greater objective (i.e. salary) and subjective (i.e. career satisfaction) career success, the strength of these relationships has been inconsistent. Grounded in social identity theory, therefore, we propose and test the hypothesis that in certain types of contexts, political skill may be more strongly associated with subjective career success than objective career success. The sample (N = 856) was taken from a large family-controlled financial services firm in Ecuador. Using Smart Partial Least Squares (PLS) structural equation modeling, our results showed that, in the unique Ecuadorian context, political skill is more strongly related to career satisfaction than to performance evaluations or salary. In addition, the relationship between political skill and career satisfaction is partially mediated by affective commitment. Theoretical explanations of how political skill operates in non-Western contexts have not been addressed in the extant literature. As such, our single-culture context provides an elaboration-type advancement in political skill theory by testing the boundaries of the theory in very specific contexts. This work contributes to cross-cultural management research by providing a reason for why specific employee skill sets may be developed in different ways depending on cultural specifics. As such, excelling at certain work skills may be much more socially complex when cultural dynamics are taken into consideration.

Volatile oil and the U.S. economy

http://www.sciencedirect.com/science/journal/03135926

Volatile oil prices have been an interesting topic for both market participants and policy makers. While several studies have attempted to test the interaction between oil price shocks and the economy, there is limited research evaluating the impact of oil price volatility on the U.S. economy. This study attempts to provide a relatively complete picture through testing for the interactions between oil prices, macroeconomic variables and other shock variables commonly used in literature. In addition, we show that Brent oil prices contain more information in predicting macroeconomic variables then the West Texas Intermediate oil prices. Econometric methods utilized here help evaluate the interactions from the short-run, long-run and volatility transmission perspectives. Our results show that not only oil prices significantly impact the U.S. economy, but the volatility of those prices also spillover to a significant portion of the macroeconomic variables.

Common Method Variance Detection in Business Research

Journal of Business Research

Servant Leadership and Followership Creativity: The Influence of Workplace

Leadership & Organizational Development Journal

Purpose This paper examines how servant leadership and political skill combine to impact workplace spirituality and employee creativity. Design/methodology/approach Participants were working adults recruited by graduate and undergraduate students from a U.S. public regional comprehensive university. Data were collected across three time periods, with a final sample size of 280 participants. Findings Our findings suggest that servant leaders impact employee creativity by fostering an environment that promotes workplace spirituality. Furthermore, this relationship is strengthened to the extent that the servant leader possesses high levels of political skill. Research limitations/implications This study provides a foundation for the interplay between servant leadership and political skill. Therefore, the data collection procedures undertaken in this study (i.e., from sources in multiple organizations) are beneficial. A limitation to this study is the use of a single informant to measure all of the constructs, which may cause a bias in our results. Originality/value Although servant leadership research continues to receive increased attention in the extant literature, researchers have tended to focus on the relational aspects of servant leadership. Curiously, the ‘leader’ side of servant leadership has been largely neglected. As a result, some have questioned the construct as a viable leadership model. Greenleaf (1977), however, noted that servant leaders also possess conceptual skills; yet, these skills are rarely included in servant leadership measurements or empirical studies. We argue that political skill captures the essence of these abilities, and that including it strengthens the servant leader’s impact on workplace spirituality, ultimately influencing employee creativity.

STRATEGIC REORIENTATION IN FAILING FIRMS: THE CEO PERSPECTIVE

Journal of Business Strategies

This paper addresses new CEOs in failing firms and their potential positive or negative impact in terms of strategic reorientation and organizational survival. Specifically, the authors recognize the need for new CEOs of failing firms to be able and willing to rapidly make strategic and tactical transformative changes through their decisions and actions. Specific suggestions are made in terms of capabilities and experience needed by new CEOs of failing firms in order for them to positively impact the future of their respective organizations.

Corporate Fraud: Does Board Composition Matter?

Journal of Accounting & Finance

This study examines the impact of board characteristics (gray directors, multiple directorships and block holder representation on the board) on the occurrence of fraud. Our sample consists of fraud firms where the CEO was involved in fraud, during the period 1997-2007. Our results show that gray directors do not provide appropriate oversight of management and that limiting the number of multiple directorships they hold is associated with a greater likelihood of fraud occurrence. Lastly, we provide evidence of the importance of having block holder representation on the board in an effort to maintain an additional layer of monitoring and deter CEOs from engaging in fraudulent behavior.

On The Dysfunctional Consequences of Salesperson Exhaustion

Journal of Marketing Theory and Practice

Salespeople are particularly susceptible to stress given the nature of their roles. This research examines emotional exhaustion as a facilitator of dysfunctional sales behaviors and accentuates the importance of leadership processes in mitigating stress. Results indicate that leader member exchange is sequentially related to emotional exhaustion, salesperson deviance (organizational, frontline), and turnover intentions. Managerial implications are discussed along with suggestions for enhancing salesperson-manager relationships and mitigating salesperson deviance.

Detrimental Effects of Post-IPO Corporate Governance Changes: The Case of Young Entrepreneurial Firms

Management Decision

Purpose: We contend that immediately following the IPO, the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams. Following these alterations, we propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/Methodology/Approach: This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings: The results revealed that, following the changes in ownership structure post IPO, changes are observed in one of the corporate governance mechanisms we considered, boards of directors, but not top management teams (TMT). Consistent with the general theme of this study, we also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Originality/Value: This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post IPO shareholders’ interference with the governance mechanisms results in lower performance. Theoretical/Academic Implications: Contrary to the fundamental contentions of agency theory, our results highlight the need for adopting a different approach for young entrepreneurial firms. Practitioner/Policy Implications: Our findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms.

The influence of political skill on career success in an Ecuadorian family firm: The mediating role of affective commitment

Inernational Journal of Cross Cultural Management

Human capital attributes, such as political skill, motivate employees and relate to their success. While political skill is associated with greater objective (i.e. salary) and subjective (i.e. career satisfaction) career success, the strength of these relationships has been inconsistent. Grounded in social identity theory, therefore, we propose and test the hypothesis that in certain types of contexts, political skill may be more strongly associated with subjective career success than objective career success. The sample (N = 856) was taken from a large family-controlled financial services firm in Ecuador. Using Smart Partial Least Squares (PLS) structural equation modeling, our results showed that, in the unique Ecuadorian context, political skill is more strongly related to career satisfaction than to performance evaluations or salary. In addition, the relationship between political skill and career satisfaction is partially mediated by affective commitment. Theoretical explanations of how political skill operates in non-Western contexts have not been addressed in the extant literature. As such, our single-culture context provides an elaboration-type advancement in political skill theory by testing the boundaries of the theory in very specific contexts. This work contributes to cross-cultural management research by providing a reason for why specific employee skill sets may be developed in different ways depending on cultural specifics. As such, excelling at certain work skills may be much more socially complex when cultural dynamics are taken into consideration.

Volatile oil and the U.S. economy

http://www.sciencedirect.com/science/journal/03135926

Volatile oil prices have been an interesting topic for both market participants and policy makers. While several studies have attempted to test the interaction between oil price shocks and the economy, there is limited research evaluating the impact of oil price volatility on the U.S. economy. This study attempts to provide a relatively complete picture through testing for the interactions between oil prices, macroeconomic variables and other shock variables commonly used in literature. In addition, we show that Brent oil prices contain more information in predicting macroeconomic variables then the West Texas Intermediate oil prices. Econometric methods utilized here help evaluate the interactions from the short-run, long-run and volatility transmission perspectives. Our results show that not only oil prices significantly impact the U.S. economy, but the volatility of those prices also spillover to a significant portion of the macroeconomic variables.

Common Method Variance Detection in Business Research

Journal of Business Research

Statistical control in correlational studies: 10 essential recommendations for organizational researchers

Journal of Organizational Behavior

Statistical control is widely used in correlational studies with the intent of providing more accurate estimates of relationships among variables, more conservative tests of hypotheses, or ruling out alternative explanations for empirical findings. However, the use of control variables can produce uninterpretable parameter estimates, erroneous inferences, irreplicable results, and other barriers to scientific progress. As a result, methodologists have provided a great deal of advice regarding the use of statistical control, to the point that researchers might have difficulties sifting through and prioritizing the available suggestions. We integrate and condense this literature into a set of 10 essential recommendations that are generally applicable and which, if followed, would substantially enhance the quality of published organizational research. We provide explanations, qualifications, and examples following each recommendation.