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Exploring the antecedents of effectiveness and efficiency

Tajeddini, Kayhan LU (2015) In International Journal of Hospitality Management 49(August). p.125-135
Abstract
Our knowledge of determinants of effectiveness and efficiency of firms continues to expand. However, this knowledge remains quite fragmented and non-cumulative in the service industry. Herein, this study explores the effect of entrepreneurial and financial orientations as two key contributors to performance in the service industry. Data for this study were collected from 182 hotels in Switzerland to examine the effect of a financial strategic orientation and an entrepreneurial strategic orientation on two widely-used standards of business performance—effectiveness and efficiency. We hypothesized that these effects would be more pronounced under certain dynamic environment conditions. Findings provide new insights about the merits of... (More)
Our knowledge of determinants of effectiveness and efficiency of firms continues to expand. However, this knowledge remains quite fragmented and non-cumulative in the service industry. Herein, this study explores the effect of entrepreneurial and financial orientations as two key contributors to performance in the service industry. Data for this study were collected from 182 hotels in Switzerland to examine the effect of a financial strategic orientation and an entrepreneurial strategic orientation on two widely-used standards of business performance—effectiveness and efficiency. We hypothesized that these effects would be more pronounced under certain dynamic environment conditions. Findings provide new insights about the merits of building bridges between the entrepreneurial orientation and financial orientation. Within the context of existing research on strategic management, we discuss the implications of our findings for hotel managers and address the study's limitations and future research directions. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Financial orientation, Entrepreneurial orientation, Effectiveness, Efficiency
in
International Journal of Hospitality Management
volume
49
issue
August
pages
125 - 135
publisher
Elsevier
external identifiers
  • wos:000361162000015
  • scopus:84936991678
ISSN
1873-4693
DOI
10.1016/j.ijhm.2015.06.007
language
English
LU publication?
yes
id
7fb1d341-6314-4dde-b8a1-b03790ecaac0 (old id 7584420)
date added to LUP
2015-08-03 12:35:28
date last changed
2017-07-09 03:09:11
@article{7fb1d341-6314-4dde-b8a1-b03790ecaac0,
  abstract     = {Our knowledge of determinants of effectiveness and efficiency of firms continues to expand. However, this knowledge remains quite fragmented and non-cumulative in the service industry. Herein, this study explores the effect of entrepreneurial and financial orientations as two key contributors to performance in the service industry. Data for this study were collected from 182 hotels in Switzerland to examine the effect of a financial strategic orientation and an entrepreneurial strategic orientation on two widely-used standards of business performance—effectiveness and efficiency. We hypothesized that these effects would be more pronounced under certain dynamic environment conditions. Findings provide new insights about the merits of building bridges between the entrepreneurial orientation and financial orientation. Within the context of existing research on strategic management, we discuss the implications of our findings for hotel managers and address the study's limitations and future research directions.},
  author       = {Tajeddini, Kayhan},
  issn         = {1873-4693},
  keyword      = {Financial orientation,Entrepreneurial orientation,Effectiveness,Efficiency},
  language     = {eng},
  number       = {August},
  pages        = {125--135},
  publisher    = {Elsevier},
  series       = {International Journal of Hospitality Management},
  title        = {Exploring the antecedents of effectiveness and efficiency},
  url          = {http://dx.doi.org/10.1016/j.ijhm.2015.06.007},
  volume       = {49},
  year         = {2015},
}