Journal of Managerial Issues; JMI

Top Management Team Prestige and Organizational Legitimacy: An Examination of Investor Perceptions*

In this study we use survey data to examine the influence of two intangible resources, top management team (TMT) prestige and organizational legitimacy, on investor perceptions of a firm's future financial performance and future financial performance risk. Results show that investors' general perceptions of TMT prestige and organizational legitimacy are associated with their perceptions of future financial performance. We also find that organizational legitimacy partially mediates the relatio...

Cost-Volume-Profit Analysis Incorporating the Cost of Capital

In this article, the traditional cost-volume-profit (CVP) model is expanded to incorporate the cost of capital. Using the principles of activity-based costing, the opportunity cost of invested funds is traced to a product and is used to determine its operating income after taxes less the cost of capital or economic income each period. When a product's economic income over its useful life is discounted to when production will begin, it is equivalent to a product's net present value (NPV) (see ...

Mechanisms Linking Nationality and Subjective Well-Being in Managers in China and the United States

We hypothesized that the effect of nationality on subjective well-being in employees in the U.S. and China would be mediated by work locus of control, family-work conflict, social support, and active coping. We conducted a survey of 292 managers (136 managers in the U.S. and 156 managers in China). Consistent with hypotheses, the U.S. managers had a higher internal work locus of control, and experienced greater family-work conflict and higher subjective well-being (SWB) compared to managers i...

Perceived Organizational Support: Evidence for a Mediated Association with Work Performance

Using the theory of reasoned action (Ajzen, 1991; Eagly and Chaiken, 1993; Fishbein and Ajzen, 1975) to supplement social exchange (Blau, 1964), we examined perceived organizational support (POS) as a predictor of task and contextual performance, with job satisfaction and affective commitment as possible mediators. Contrary to that suggested by Phoades and Eisenberger (2002), and similar to those presented by Wayne et al. (1997), results support mediated associations between POS and both type...

The Link Between Communication and Financial Performance in Simulated Organizational Teams

Our research addresses the topic of group communication and how it affects financial performance, defined as profit. Although group communication and teamwork are issues that have been addressed in the business communication literature for years, surprisingly little research has linked communication to organizational-level financial performance measures. This gap is astonishing given the enormous amount of resources and attention devoted to improving communication aptitude. Pettit et al. (199...

Reciprocating Perceived Organizational Support Through Citizenship Behaviors*

The purpose of this study was to assess if employees reciprocated perceived organizational support (POS), and proce- dural, interactive, and distributive justice, through self-reported intentions to enact organizational citizenship behaviors (OCB). The study employed a correlation analysis from data drawn from 93 self-reported employee responses to a single questionnaire in a small North American manufacturer. The findings of the study indicated a modest correlation between OCB intentions dir...

From Dot Bomb Implosion to the Printing Industry: My Personal and Professional Journey

This article chronicles both the personal and professional turnaround story of Richard Lancaster - from dot.com entrepreneur to current President of Printing Control Graphics. What lessons can be drawn from his remarkable career transition experiences and applied to turnarounds across different industries? The article concludes by summarizing what Lancaster calls his "seven management principles to convey to his successor."