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The effect of chief executive officers' regulatory focus on the entrepreneurial orientation of small and medium‐sized enterprises

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The effect of chief executive officers' regulatory focus on the entrepreneurial orientation of small and medium‐sized enterprises. / Huang, Shuangfa; Huang, Qihai; Soetanto, Danny et al.
In: European Management Review, Vol. 21, No. 2, 01.06.2024, p. 376-392.

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@article{cfe36e994b9a4ae79db2409de7f5afd7,
title = "The effect of chief executive officers' regulatory focus on the entrepreneurial orientation of small and medium‐sized enterprises",
abstract = "AbstractEntrepreneurial orientation (EO) has been identified as a central construct to understand how firms compete and perform effectively in increasingly competitive environments. Drawing on regulatory focus theory, this study examines how chief executive officers' (CEOs') regulatory focus, a motivational attribute that entails a promotion focus for growth and a prevention focus for safety, affects the EO of small and medium‐sized enterprises (SMEs). Results from 110 UK SMEs show promotion focus positively, and prevention focus negatively affect EO when the two foci are examined independently. Our findings also demonstrate that EO varies significantly among firms led by CEOs with different combinations of the two foci. Specifically, firms engaged in significantly higher levels of EO when they are led by CEOs with a high rather than a low promotion focus, where prevention focus is at a high level. This study extends the literature by uncovering regulatory focus as a motivational microfoundation of EO.",
keywords = "entrepreneurial orientation, SMEs, microfoundation, regulatory focus",
author = "Shuangfa Huang and Qihai Huang and Danny Soetanto and Xinchun Li",
year = "2024",
month = jun,
day = "1",
doi = "10.1111/emre.12591",
language = "English",
volume = "21",
pages = "376--392",
journal = "European Management Review",
issn = "1740-4754",
publisher = "Wiley-Blackwell",
number = "2",

}

RIS

TY - JOUR

T1 - The effect of chief executive officers' regulatory focus on the entrepreneurial orientation of small and medium‐sized enterprises

AU - Huang, Shuangfa

AU - Huang, Qihai

AU - Soetanto, Danny

AU - Li, Xinchun

PY - 2024/6/1

Y1 - 2024/6/1

N2 - AbstractEntrepreneurial orientation (EO) has been identified as a central construct to understand how firms compete and perform effectively in increasingly competitive environments. Drawing on regulatory focus theory, this study examines how chief executive officers' (CEOs') regulatory focus, a motivational attribute that entails a promotion focus for growth and a prevention focus for safety, affects the EO of small and medium‐sized enterprises (SMEs). Results from 110 UK SMEs show promotion focus positively, and prevention focus negatively affect EO when the two foci are examined independently. Our findings also demonstrate that EO varies significantly among firms led by CEOs with different combinations of the two foci. Specifically, firms engaged in significantly higher levels of EO when they are led by CEOs with a high rather than a low promotion focus, where prevention focus is at a high level. This study extends the literature by uncovering regulatory focus as a motivational microfoundation of EO.

AB - AbstractEntrepreneurial orientation (EO) has been identified as a central construct to understand how firms compete and perform effectively in increasingly competitive environments. Drawing on regulatory focus theory, this study examines how chief executive officers' (CEOs') regulatory focus, a motivational attribute that entails a promotion focus for growth and a prevention focus for safety, affects the EO of small and medium‐sized enterprises (SMEs). Results from 110 UK SMEs show promotion focus positively, and prevention focus negatively affect EO when the two foci are examined independently. Our findings also demonstrate that EO varies significantly among firms led by CEOs with different combinations of the two foci. Specifically, firms engaged in significantly higher levels of EO when they are led by CEOs with a high rather than a low promotion focus, where prevention focus is at a high level. This study extends the literature by uncovering regulatory focus as a motivational microfoundation of EO.

KW - entrepreneurial orientation

KW - SMEs

KW - microfoundation

KW - regulatory focus

U2 - 10.1111/emre.12591

DO - 10.1111/emre.12591

M3 - Journal article

VL - 21

SP - 376

EP - 392

JO - European Management Review

JF - European Management Review

SN - 1740-4754

IS - 2

ER -