Title: Managerial work, importance of information and corporate profitability: evidence from Finland
Authors: Erkki K. Laitinen
Addresses: University of Vaasa, P.O. Box 700, 65101 Vaasa, Finland
Abstract: The objective of this study is to analyse the influence of CEO managerial work role and broad information on the profitability of the firm. The research model is based on five hypotheses on the relationship between work role, importance of broad information, and corporate profitability. Perceived environmental uncertainty (PEU) is expected to moderate the effects of managerial work and broad information on profitability. Managerial roles are described using the classic work roles introduced by Mintzberg (1973). The model is tested using survey data got from 196 Finnish top managers (CEO) of firms from different industries and size classes. The research hypotheses are tested by the partial least squares (PLS) method. Empirical evidence gives partial support to the five hypotheses.
Keywords: managerial work; management roles; information scope; CEO work; profitability; Finnish firms; PLS.
International Journal of Accounting and Finance, 2017 Vol.7 No.4, pp.301 - 334
Received: 31 Oct 2016
Accepted: 17 Jul 2017
Published online: 22 Jan 2018 *