A Model of Corporate Performance as a Function of Environmental, Organizational, and Leadership Influences
- 1 September 1981
- journal article
- Published by Academy of Management in The Academy of Management Journal
- Vol. 24 (3), 453-470
- https://doi.org/10.5465/255568
Abstract
In a model of corporate performance incorporating environmental, organizational, and leadership variables, three performance dimensions—profit, profitability, and stock price—are examined for a sample of 193 manufacturing companies over a 19 year period. This research evaluates the work of Lieberson and O’Connor, a cornerstone for those arguing that the top leadership position of an organization is unimportant.Keywords
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