How CEO transformational leadership affects business model innovation: a serial moderated mediation model

IF 3.1 4区管理学 Q2 MANAGEMENT Journal of Managerial Psychology Pub Date : 2024-03-26 DOI:10.1108/jmp-10-2022-0515

Nan Yao, Tao Guo, Lei Zhang

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Abstract

Purpose

This study aims to reveal how chief executive officer (CEO) transformational leadership affects business model innovation (BMI) by exploring the serial mediating role of top management team (TMT) collective energy and behavioral integration and the moderating role of TMT-CEO value congruence.

Design/methodology/approach

The sample of 520 TMT members from 127 enterprises in North China was collected through a two-wave questionnaire survey. Hierarchical regression and bootstrapping were used to test the hypothetical relationships proposed in this study.

Findings

The results indicate that TMT collective energy and behavioral integration play a serial mediation role between CEO transformational leadership and BMI. TMT-CEO value congruence positively moderates the relationship between CEO transformational leadership and TMT collective energy as well as the serial mediation effect.

Practical implications

The results suggest that CEOs can stimulate TMT collective energy by demonstrating transformational leadership behaviors, thereby promoting TMT behavioral integration and ultimately achieving BMI. In addition, to enhance the effectiveness of CEO transformational leadership, enterprises should take measures to ensure that TMT members hold values that are consistent with those of CEOs.

Originality/value

Based on social cognitive theory, the mediating mechanism and boundary conditions of CEO transformational leadership that affect BMI are revealed by this study, thus opening the “black box” of the relationship between the two. It also supplements research on the role of TMT among the antecedents of BMI.

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首席执行官变革型领导力如何影响商业模式创新：序列调节中介模型

目的本研究旨在通过探讨高层管理团队（TMT）集体能量和行为整合的序列中介作用以及TMT-CEO价值一致性的调节作用，揭示首席执行官（CEO）变革型领导力如何影响商业模式创新（BMI）。研究结果表明，TMT集体能量和行为整合在CEO变革型领导与BMI之间起着序列中介作用。结果表明，CEO 可以通过展示变革型领导行为来激发 TMT 的集体能量，从而促进 TMT 的行为整合，最终实现 BMI。原创性/价值本研究基于社会认知理论，揭示了CEO变革型领导影响BMI的中介机制和边界条件，从而打开了二者关系的 "黑箱"。本研究还补充了有关 TMT 在 BMI 前因中的作用的研究。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Managerial Psychology Multiple-

CiteScore

5.50

自引率

6.20%

发文量

期刊介绍： ■Communication and its influence on action ■Developments in leadership styles ■How managers achieve success ■How work design affects job motivation ■Influences on managerial priorities and time allocation ■Managing conflicts ■The decision-making process in Eastern and Western business cultures