Chief executive officer participative leadership and the performance of new venture teams

Eva, N, Newman, A, Miao, Q, Cooper, B and Herbert, K 2018, 'Chief executive officer participative leadership and the performance of new venture teams', International Small Business Journal, vol. 37, no. 1, pp. 69-88.


Document type: Journal Article
Collection: Journal Articles

Title Chief executive officer participative leadership and the performance of new venture teams
Author(s) Eva, N
Newman, A
Miao, Q
Cooper, B
Herbert, K
Year 2018
Journal name International Small Business Journal
Volume number 37
Issue number 1
Start page 69
End page 88
Total pages 20
Publisher Sage Publications
Abstract In this article, we examine the mediating role played by affective and cognitive trust in chief executive officer (CEO) and intra-group trust, on the relationship between CEO participative leadership and the performance of the top management team (TMT) and its members within entrepreneurial new ventures. Drawing on four waves of multilevel, multi-source data, our study extends social exchange theory by teasing out the trust-based social exchange mechanisms linking CEO participative leadership to performance outcomes. Specifically, the data analysis revealed that intra-group trust mediated the relationship between CEO participative leadership and TMT performance, while affective trust mediated the relationship between CEO participative leadership and performance of TMT members. However, cognitive trust did not mediate this relationship. This suggests that it is important for CEOs of new ventures to use participative leadership to create strong levels of affective trust with TMT members and intra-group trust within the TMT.
Subject Entrepreneurship
Organisational Behaviour
Keyword(s) CEO
leadership
new ventures
trust
DOI - identifier 10.1177/0266242618808558
Copyright notice © The Author(s) 2018
ISSN 0266-2426
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