Affective Management and its Effects on Management Performance
Affective management is a new concept which suggests that top managers should take stakeholders’ affective experiences into account when making their management decisions. To show that this concept could contribute to the improvement of management performance in organizations, this study investigate...
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Format: | Article |
Language: | English |
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Cognitione Foundation for the Dissemination of Knowledge and Science
2012-01-01
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Series: | Journal of Entrepreneurship, Management and Innovation |
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http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue2/JEMI_Vol_8_Issue_2_2012_Article_1.pdf
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author | Waratta Authayarat Hiroyuki Umemuro |
author_facet | Waratta Authayarat Hiroyuki Umemuro |
author_sort | Waratta Authayarat |
collection | DOAJ |
description | Affective management is a new concept which suggests that top managers should take stakeholders’ affective experiences into account when making their management decisions. To show that this concept could contribute to the improvement of management performance in organizations, this study investigated the correlations between the affectiveness of top management and management performance indices. Our questionnaire based on the Affective Management Scorecard was employed to assess top managers’ recognition of the importance, as well as the actual practices of affective management. Top managers from 43 Thai organizations participated in the study. A correlation analysis was conducted to observe whether affective management indices would correlate with management performance indices, such as return on equity, return on assets, price to earnings ratio, and price to book value ratio. The findings showed that the results for organizations practicing affective management were positively correlated with their management performance in both profitability and good perceptions by investors. |
format | Article |
id | doaj-art-7f131156075b42ab9baa8274d00d5ace |
institution | Kabale University |
issn | 2299-7326 |
language | English |
publishDate | 2012-01-01 |
publisher | Cognitione Foundation for the Dissemination of Knowledge and Science |
record_format | Article |
series | Journal of Entrepreneurship, Management and Innovation |
spelling | doaj-art-7f131156075b42ab9baa8274d00d5ace2025-02-03T11:15:37ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262012-01-018252510.7341/2012821Affective Management and its Effects on Management PerformanceWaratta Authayarat0Hiroyuki Umemuro1 Department of Industrial Engineering and Management, Tokyo Institute of Technology Department of Industrial Engineering and Management, Tokyo Institute of Technology Affective management is a new concept which suggests that top managers should take stakeholders’ affective experiences into account when making their management decisions. To show that this concept could contribute to the improvement of management performance in organizations, this study investigated the correlations between the affectiveness of top management and management performance indices. Our questionnaire based on the Affective Management Scorecard was employed to assess top managers’ recognition of the importance, as well as the actual practices of affective management. Top managers from 43 Thai organizations participated in the study. A correlation analysis was conducted to observe whether affective management indices would correlate with management performance indices, such as return on equity, return on assets, price to earnings ratio, and price to book value ratio. The findings showed that the results for organizations practicing affective management were positively correlated with their management performance in both profitability and good perceptions by investors. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue2/JEMI_Vol_8_Issue_2_2012_Article_1.pdf affective managementstakeholdermanagementaffectemotionfeeling |
spellingShingle | Waratta Authayarat Hiroyuki Umemuro Affective Management and its Effects on Management Performance Journal of Entrepreneurship, Management and Innovation affective management stakeholder management affect emotion feeling |
title | Affective Management and its Effects on Management Performance |
title_full | Affective Management and its Effects on Management Performance |
title_fullStr | Affective Management and its Effects on Management Performance |
title_full_unstemmed | Affective Management and its Effects on Management Performance |
title_short | Affective Management and its Effects on Management Performance |
title_sort | affective management and its effects on management performance |
topic | affective management stakeholder management affect emotion feeling |
url |
http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue2/JEMI_Vol_8_Issue_2_2012_Article_1.pdf
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work_keys_str_mv | AT warattaauthayarat affectivemanagementanditseffectsonmanagementperformance AT hiroyukiumemuro affectivemanagementanditseffectsonmanagementperformance |