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The influence of managerial attributions on corporate entrepreneurship

Published online by Cambridge University Press:  16 March 2022

Parvathi Jayamohan ,
Todd Moss ,
Alexander McKelvie  and
Michael Hyman Open the ORCID record for Michael Hyman [Opens in a new window]
Parvathi Jayamohan
Affiliation:
Bertolon School of Business, Salem State University, Salem, MA 01970, USA
Todd Moss
Affiliation:
Department of Entrepreneurship & Emerging Enterprises, Whitman School of Management, Syracuse University, Syracuse, NY 13244, USA
Alexander McKelvie
Affiliation:
Department of Entrepreneurship & Emerging Enterprises, Whitman School of Management, Syracuse University, Syracuse, NY 13244, USA
Michael Hyman*
Affiliation:
Girard School of Business, Merrimack College, North Andover, MA 01845, USA
*
Author for correspondence: Michael Hyman, E-mail: hymanm@merrimack.edu
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Abstract

We use attribution theory to show that firms that make more internal attributions to positive performance outcomes engage slack resources more freely for corporate entrepreneurship (CE) than firms that make fewer of such attributions. In addition, we show that the way in which companies make external attributions to performance outcomes moderates this relationship. To examine this empirically, we explore how top management teams discuss the factors that contribute to firm performance. Specifically, we look at attributions provided in the Management's Discussion and Analysis section of the annual reports of 144 pharmaceutical firms over a 2-year period. In line with our predictions, we find that greater internal attribution to positive performance outcomes leads to increased use of slack resources for CE. Furthermore, we find that this effect is stronger when firms make more external attributions to negative performance outcomes than positive performance outcomes.

Keywords

ANOVAattributioncorporate strategyentrepreneurshipmultiple regression
Type
Research Article
Information
Journal of Management & Organization , Volume 30 , Issue 1 , January 2024 , pp. 18 - 39
Copyright
© The Author(s), 2022. Published by Cambridge University Press in association with Australian and New Zealand Academy of Management

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