TEAM LOCUS-OF-CONTROL COMPOSITION, LEADERSHIP STRUCTURE, INFORMATION ACQUSITION, AND FINANCIAL PERFORMANCE: A BUSINESS SIMULATION STUDY

We argue that team information acquisition mediates the effect of the relationship of team locus-of-control composition and leadership structure on team financial performance in a decision-making context. Hypotheses were tested on 44 teams participating in an elaborate and lengthy international mana...

Full description

Saved in:
Bibliographic Details
Published in:Academy of Management journal 2005-10, Vol.48 (5), p.889
Main Authors: Boone, Christophe, Woody Van Olffen, Arjen Van Whitteloostuijn
Format: Article
Language:English
Subjects:
Correlation analysis
Decision making
Financial performance
Hypothesis testing
Leadership
Organizational behavior
Studies
Teams
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We argue that team information acquisition mediates the effect of the relationship of team locus-of-control composition and leadership structure on team financial performance in a decision-making context. Hypotheses were tested on 44 teams participating in an elaborate and lengthy international management simulation. As predicted, teams with high average internal locus-of-control scores performed better without leaders and with low locus-of-control heterogeneity. The opposite was found for teams with high average external locus-of-control scores. Contrary to expectations, teams with high locus-of-control heterogeneity did not benefit more from having leaders than teams with low heterogeneity. Information acquisition mediated relationships between locus-of-control composition and performance. [PUBLICATION ABSTRACT]
ISSN:0001-4273
1948-0989