The Journal of the Korea Contents Association (한국콘텐츠학회논문지)

The Korea Contents Association (한국콘텐츠학회)
권호 표지
DOI QR코드

DOI QR Code

The Effect of CEO'S Characteristics, Management Control on Organization Performance

CEO특성, 경영통제가 재무성과에 미치는 영향

  • Received : 2014.04.02
  • Accepted : 2014.05.20
  • Published : 2014.05.28
Download PDF
⟨ Previous Next ⟩

Abstract

In order to improve organization performance by CEO's leadership, the control systems have to be designed in accordance with CEO's strategic orientation. A management control systems (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole considering the organizational strategies. Present study explored the effects of CEO's Characteristics and control on organization performance. So this study adopted 'Risk-taking tendency', 'Achievement motivation' during psychological characteristics of CEO. For the control variable of this study, 'behavior control' and 'result control' were adopted. And for the variable of performance, financial performance was selected. As result of the study, Behavior control affects financial performance highly than result control. Through additional studies conducted during the same period, there is a significant indirect effect of achievement motivation and behavior control.

조직의 성과를 향상시키기 위해 최고경영자의 특성에 맞는 경영통제시스템의 구축이 필요하다. 상황이론에서 경영통제시스템은 다양한 상황변수와의 유기적인 연계를 통해 성과향상을 꾀할 수 있다고 본다. 이에 본 연구는 CEO의 특성변수인 위험감수성향과 성취동기가 행동통제와 결과통제간의 유기적 연결을 통해 재무성과에 미치는 영향에 대해 실증분석을 통해 검증하였다. 본 연구의 결과 위험감수 성향이나 성취동기가 높은 CEO들은 조직구성원들의 구체적인 행동을 통제하므로 써 기업의 재무성과에 더 유의적인 영향을 미친다고 파악되었다. 결과통제는 구성원들의 자율성과 관련된 통제기법으로 기업의 재무적 성과에는 유의적인 영향을 미치지 않는 것으로 나타났다. CEO의 높은 성취동기는 행동통제를 통해 간접적으로 재무성과에 유의적인 영향을 미치는 것으로 나타났다.

Keywords

References

  1. 김병태, "최고경영자의 특성 및 전략성향과 사업 성과", 생산성논집, 제10권, 제1호, 1995.
  2. 이학식, 임지훈, 구조방정식 모형분석과 AMOS 20.0, 집현재, 2013.
  3. 정재진, "CEO특성, 경영혁신, 경영통제시스템 적합성이 재무성과에 미치는 영향", 한국컨텐츠학회논문지, 제13권, 제5호, 2013. https://doi.org/10.5392/JKCA.2013.13.05.377
  4. 정현용, "리더십-팔로워십 유형결합이 행정조직의 성과에 미치는 영향 : 팔로워십의 매개효과 및 조절효과 분석", 한국컨텐츠학회논문지, 제14권, 제1호, 2014.
  5. R. Amit, L. Glosten, and E. Muller, "Challenges to Theory Development in Entrepreneurship Research," Journal of Manngement Studies, Vol.30, No.5, pp.815-834, 1993. https://doi.org/10.1111/j.1467-6486.1993.tb00327.x
  6. C. Anderson and C. Schneier, "Locus of Control, Leader Behavior and Leader Performance Among Management Students," Academy of Management Journal, Vol.21, pp.690-698, 1978. https://doi.org/10.2307/255709
  7. J. Anderson and D. Gerbing, "Structural Equation Modeling in Practice: A Review and Recommended Two-step Approach," Psychological Bulletin, Vol.103, No.3, pp.411-423, 1988. https://doi.org/10.1037/0033-2909.103.3.411
  8. J. Bantel and S. Jackson, "Top Management and Innovation in Banking: Does the Composition of the Top Team Make a Difference?," Strategic Management journal, Vol.10, pp.107-124, 1989. https://doi.org/10.1002/smj.4250100709
  9. C. Barnard, The Function of the Executive, Harvard University Press. Cambridge, MA, 1938.
  10. J. Baum, The Relation of Traits, Competences, Vision, Motivation, and Strategy to Venture Growth, Unpublished Doctoral Dissertation, The University of Maryland, 1994.
  11. J. Bisbe and D. Otley, "The Effects of the Interactive Use of Management Control Systems on Product Innovation," Accounting, Organizations and Society, Vol.29, No.8, pp.709-737, 2004. https://doi.org/10.1016/j.aos.2003.10.010
  12. E. Flamholtz, "Accounting, Budgeting and Control Systems in their Organizational Context; Theoretical and Empirical Perspectives," Accounting, Organizations and Society, Vol.8, pp.53-169, 1983.
  13. L. Gordon and D. Miller, "Contingency Framework for the Desing of Accounting Information Systems," Accounting, Organizations and Society, Vol.1, No.1, pp.59-69, 1976. https://doi.org/10.1016/0361-3682(76)90007-6
  14. V. Govindarajan, "Implementing Competitive Strategies at the Business Unit Level: Implications of Matching Managers to Strategies," Strategic Management Journal, Vol.10, No.3, pp.251-269, 1989. https://doi.org/10.1002/smj.4250100305
  15. R. Hayes and W. Abernathy, "Managing our Way to Economic Decline," Harvard Business Review, Vol.58, pp.67-77, 1980.
  16. J. Henderson and S. Lee, "Managing I/S Design Teams: A Control Theories perspective," Management Science, Vol.38, pp.757-777, 1992. https://doi.org/10.1287/mnsc.38.6.757
  17. J. Henri, "Management Control Systems and Strategy: A resource-based perspective," Accounting, Organizations and Society, Vol.31, No.6, pp.529-558, 2006. https://doi.org/10.1016/j.aos.2005.07.001
  18. W. Hofer and C. Sandberg, "Improving New Venture Performance: The Role of Strategy, Industry Structure, And The Entrepreneur," Journal of Business Venturing, Vol.2, No.5, pp.5-28, 1987. https://doi.org/10.1016/0883-9026(87)90016-4
  19. R. Kaplan and D. Norton, "The Balanced Scorecard Measures that Drive Performance," Harvard Business Review, Jan-Feb, pp.71-79, 1992.
  20. J. Kerr and E. Jackofsky, "Aligning Managers with Strategies: Management Development versus Selection," Strategic Management Journal, pp.157-170, 1989.
  21. L. Kirsch, "The Management of Complex Tasks in Organizations Controlling the Systems Development Process," Organization Science, Vol.7, pp.1-21, 1996. https://doi.org/10.1287/orsc.7.1.1
  22. R. Miles and C. Snow, Organizational Strategy. Structure and Process, New York : McGraw-Hill, 1978.
  23. D. Miller, M. Kets de Vries, and J. Toulouse, "Top Executive Locus of Control and Its Relationship to Strategy-Manking, Structure and Environment," Academy of Managemnet Journal, Vol.25, pp.237-253, 1982. https://doi.org/10.2307/255988
  24. W. Ouchi and M. Maguire, "Organizational Control : Two Function," Administrative Science Quarterly, Vol.20, pp.559-569, 1975. https://doi.org/10.2307/2392023
  25. W. Ouchi, "A Conceptual Framework for the Design of Organizational Control Mechanisms," Management Science, Vol.25, No.9, pp.833-847, 1979. https://doi.org/10.1287/mnsc.25.9.833
  26. E. Pillis, What's Achievement Got to Do with it? The Role of National Culture in the Relationship Between Entrepreneurship and Achievement Motivation, Frontiers of Entrepreneurship Research, 1998.
  27. M. Porter, "Competitive Strategy: Techniques for Analyzing Industries and Competitors," The Free Press, 1980.
  28. W. Sandberg, New Venture Performance, MA:Lexington, 1986.
  29. D. Sexton and N. Bowman, "The Entrepreneur: A Capable Executive and More," Journal of Business Venturing, Vol.1, pp.129-140, 1985. https://doi.org/10.1016/0883-9026(85)90012-6
  30. R. Simons, "The Role of Management Control Systems in Creating Competitive Advantage: New Perspectives," Accounting, Organizations and Society, Vol.15, Issue 1-2, pp.127-143, 1990. https://doi.org/10.1016/0361-3682(90)90018-P
  31. S. Snell, "Control theory in strategic human resource management: The mediating effect of administrative information," Academy of Management Journal, Vol.35, pp.292-327, 1992. https://doi.org/10.2307/256375
  32. T. Wheelen and J. Hunger, Strategic Management and Business Policy, 6th ed. Addison-Wesley, New York, NY.1999.
  33. C. Ittner and D. Larcker, "Total quality management and the choice of information and reward systems, Journal of Accounting Research, pp.1-34, 1995.
  34. C. Chen, P. Greene, and A. Crick, "Does Self-Efficacy Distinguish Entrepreneurs from Managers?," Journal of Business Venturing Vol.13, pp.295-316, 1998. https://doi.org/10.1016/S0883-9026(97)00029-3