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A Study of the Nonlinear Influence Mechanism Between CEO Humility and Firm Performance |
SUN Xiuli,GUO Ning,ZHEGN Fang,ZHAO Shuming |
1. Capital University of Economics and Business, Beijing, China; 2. Development Research Centre of the State Council, Beijing, China; 3. Tianjin University of Finance and Economics, Tianjin, China; 4. Nanjing University, Nanjing, China |
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Abstract Based on upper echelon theory and social information processing theory, this study explores the nonlinear relationships, mechanism, and boundary conditions between CEO humility and firm performance using multi-source and multi-time survey data from 138 companies. Results indicated that there was an inverted U-shaped relationship between CEO humility and firm performance. Forgiveness climate mediated the inverted U-shaped curve relationship between CEO humility and firm performance. High performance expectations had a significant negative moderating effect on the U-shaped relationship between CEO humility and firm performance, as well as between forgiveness climate and firm performance. Specifically, the two U-shaped relationships were more significant, when the high-performance expectations were lower.
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Received: 09 January 2023
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