Bibliographic citations
Garcia, V., (2022). The impact of CEOs’ personality on socioemotional wealth and competitiveness improvement of family-owned SMEs [Pontificia Universidad Católica del Perú]. http://hdl.handle.net/20.500.12404/22517
Garcia, V., The impact of CEOs’ personality on socioemotional wealth and competitiveness improvement of family-owned SMEs []. PE: Pontificia Universidad Católica del Perú; 2022. http://hdl.handle.net/20.500.12404/22517
@phdthesis{renati/539175,
title = "The impact of CEOs’ personality on socioemotional wealth and competitiveness improvement of family-owned SMEs",
author = "Garcia Ibarra, Veronica Janneth",
publisher = "Pontificia Universidad Católica del Perú",
year = "2022"
}
CEO personality is one of the main indicators to try to predict future CEO behaviour, and could explain the differences between CEOs in the efficiency and performance of companies. The present study identified the relationships between CEO personality (emotional stability, agreeableness, conscientiousness, openness to experience, extraversion), and socioemotional richness considered the most relevant differentiating aspect of the family business and improved competitiveness. The research design was non-experimental and cross-sectional, with a quantitative approach and correlational and explanatory scope. A survey was applied to 352 CEOs of small and medium-sized family businesses in Ecuador, and once the validity and reliability of the instrument was achieved, hierarchical regression analysis was applied using SPSS 20 software, which made it possible to identify the interactions between personality traits, socioemotional wealth and improved competitiveness of Ecuadorian family SMEs. The results showed a positive and significant relationship between extraversion, agreeableness and openness to experience of the CEO with socioemotional wealth and improved competitiveness of family businesses. However, in the case of emotional stability and conscientiousness, the results were not statistically significant with respect to socioemotional wealth and improved competitiveness. Our research contributes to the current literature by highlighting how each dimension of CEO personality enhances or inhibits the competitiveness improvement of family owned SMEs.
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