Abstract
The relationship between leadership behavior and firm performance has always been a focus of academic research. This study offers a theoretical model that examines strategic flexibility as an intermediate mechanism in the relationship between transformational leadership and firm performance. On the basis of the dynamic environment in China, we tested environmental dynamism as a moderator in this relationship, empirically validated our hypotheses. We conducted questionnaire surveys of the senior managers of 328 companies located mainly in Beijing, Shanghai, and Guangdong, and received 210 valid samples. The results show that strategic flexibility has a fully mediating role in the relationship between transformational leadership and firm performance. Moreover, environmental dynamism was found to moderate the relationship between transformational leadership and strategic flexibility, as well as having moderating effects on the relationship between strategic flexibility and firm performance. These conclusions indicate that strategic flexibility and environmental dynamism influence the effect of transformational leadership on firm performance.
Keywords
transformational leadership, strategic flexibility, environmental dynamism, firm performance
Chinese Abstract
变革型领导，战略灵活性和企业绩效研究：环境动态之调节作用
领导行为与公司绩效之间的关系一直是学术研究的焦点。本研究构建了一理论模型以检验战略灵活性对变革型领导与企业绩效之间的关系所起的中介作用。以中国动态环境为基础，我们检测了环境动态性在上述关系中的调节作用，并实证验证了我们提出的假设。我们对主要位于北京、上海和广东的328家公司的高级管理人员进行了问卷调查，共收到了210份有效样本。研究结果表明，战略灵活性在变革型领导与企业绩效之间的关系中具有完全中介作用。此外，环境动态亦对变革型领导与战略灵活性之间的关系，及战略灵活性与企业绩效之间的关系具有调节作用。以上结论表明，战略灵活性和环境动态影响变革型领导和企业绩效之间的关系。
关键词：变革型领导，战略灵活性，环境动态性，企业绩效
DOI
10.5038/2640-6489.1.2.1009
Recommended Citation
Li, W., Zhan, J., & Lu, Y. (2016). A study of transformational leadership, strategic flexibility, and firm performance: The moderating role of environmental dynamism. International Interdisciplinary Business-Economics Advancement Journal, 1(2), 73-84. https://www.doi.org/10.5038/2640-6489.1.2.1009
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