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An Examination of the Antecedents and Consequences of Firm Flexibility

이호욱
한국전략경영학회 (Korean Strategic Management Society)|2005.06|전략경영연구 (Journal of Strategic Management)|제8권 제1호|pp. 39-55

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참고문헌

키워드

CEO환경불확실성최고경영진기업 유연성firm flexibilityenvironmental uncertainty.
주제분류경영학

초록

본 연구의 목적은 기업유연성의 선행변수들을 규명하고 기업유연성이 기업성과에 어떠한 영향을 미치는지에 대해 연구하는 것이다. 이를 위해 본 연구는 최고경영자와 최고경영자팀의 특성, 기업의 유연성, 및 기업성과 사이의 여러 가지 연계들을 검토하였다. 좀 더 구체적으로 본 연구에서 주장하는 것은 최고경영자의 재임기간과 기업의 유연성간에는 역U자형의 곡선관계가 있으며, 최고경영자팀의 직무관련다양성은 기업의 유연성과 정의 관계에 있다고 주장하고 있다. 또한 기업의 유연성은 환경이 불확실할 때는 기업성과에 긍정적인 영향을 주지만, 환경이 안정적일 때는 기업성과에 부정적인 결과를 초래할 수 있다. 이러한 주장에 대한 시사점과 미래연구 방향에 대해서 토의 하였다.

Abstract

The concept of flexibility is becoming increasingly important as firms attempt to adapt to the changes in the new competitive landscape. However, little research exists that examines the major antecedents to or the consequences of firm flexibility. In this paper, I argue that the CEO and TMT are important antecedents to firm flexibility. Specifically, I suggest that CEO tenure will have a curvilinear effect on firm flexibility while TMT diversity will have a positive effect. Additionally, I develop arguments to suggest that flexibility can act as a double-edged sword with regards to firm performance. More specifically, while the effect of flexibility on firm performance will be positive in uncertain environments, its effects on firm performance will be negative in stable environments. I conclude with some implications as well as directions for future research.

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