How does organizational resilience promote firm growth? The mediating role of strategic change and managerial myopia
Lin Liang and
Yan Li
Journal of Business Research, 2024, vol. 177, issue C
Abstract:
Combining dynamic capability theory and the “capability-behavior-result” research logic, this study sheds light on the influence of organizational resilience on firm growth and how strategic change and managerial myopia mediate this relationship. Furthermore, the moderating role of environmental uncertainty is discussed. We employ a sample of A-share listed manufacturing companies in China during the period 2010–2020. The results demonstrate that organizational resilience promotes firm growth. Strategic change and managerial myopia play a mediating role between organizational resilience and firm growth. Environmental uncertainty positively moderates the relationship between organizational resilience and strategic change, but negatively moderates the relationship between organizational resilience and managerial myopia. Additionally, our findings indicate that the promotion effect of organizational resilience on firm growth is more significant in non-state-owned enterprises, small and medium-sized enterprises, and non-labor-intensive industries. This study offers practical implications for managers seeking sustainable development through organizational resilience.
Keywords: Organizational resilience; Strategic change; Managerial myopia; Environmental uncertainty; Firm growth (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296324001401
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:177:y:2024:i:c:s0148296324001401
DOI: 10.1016/j.jbusres.2024.114636
Access Statistics for this article
Journal of Business Research is currently edited by A. G. Woodside
More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().