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A Model of Corporate Performance as a Function of Environmental, Organizational, and Leadership Influences

Nan Weiner and Thomas A. Mahoney
The Academy of Management Journal
Vol. 24, No. 3 (Sep., 1981), pp. 453-470
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/255568
Page Count: 18
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A Model of Corporate Performance as a Function of Environmental, Organizational, and Leadership Influences
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Abstract

In a model of corporate performance incorporating environmental, organizational, and leadership variables, three performance dimensions--profit, profitability, and stock price--are examined for a sample of 193 manufacturing companies over a 19 year period. This research evaluates the work of Lieberson and O'Connor, a cornerstone for those arguing that the top leadership position of an organization is unimportant.

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