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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Main Authors: Waratta Authayarat, Hiroyuki Umemuro
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2012-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access: 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.
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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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