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Relationship between CEO's personality and company's entrepreneurial orientation: the case of SMEs

Published online by Cambridge University Press:  16 November 2020

Antonio J. Verdú-Jover ,
Marina Estrada-Cruz Open the ORCID record for Marina Estrada-Cruz [Opens in a new window] ,
Noelia Rodríguez-Hernández  and
José M. Gómez-Gras
Antonio J. Verdú-Jover
Affiliation:
Universidad Miguel Hernández de Elche, Economic and Financial Studies, Avda Universidad S/N, Elche, Spain
Marina Estrada-Cruz*
Affiliation:
Universidad Miguel Hernández de Elche, Economic and Financial Studies, Avda Universidad S/N, Elche, Spain
Noelia Rodríguez-Hernández
Affiliation:
Universidad Miguel Hernández de Elche, Economic and Financial Studies, Avda Universidad S/N, Elche, Spain
José M. Gómez-Gras
Affiliation:
Universidad Miguel Hernández de Elche, Economic and Financial Studies, Avda Universidad S/N, Elche, Spain
*
Author for correspondence: Marina Estrada-Cruz, E-mail: mestrada@umh.es
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Abstract

Entrepreneurial orientation (EO) is a key factor in the creation and development of companies. This study examines the CEO's personal background (personality, proactivity and resistance to change) and its influence on the EO of the organization to determine which factors enhance or weaken EO. We achieve this goal through quantitative research, developing a structural equations model with partial least squares to analyse a sample of 358 Spanish SMEs from different sectors. The results suggest that specific personality dimensions exert substantial influence on the organization's EO. We also analyse individual proactivity and resistance to change as conduits for the effect of personality dimensions on the company's EO.

Keywords

Entrepreneurial orientationpersonalityproactivityresistance to changeSMEs
Type
Research Article
Information
Journal of Management & Organization , Volume 29 , Issue 1 , January 2023 , pp. 48 - 68
Copyright
Copyright © Cambridge University Press and Australian and New Zealand Academy of Management 2020

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