Page 104 - 33-3
P. 104
Goal Consensus, Subordinates’ Prior Performances, and Supervisors’ Resource Allocation Preferences
Ab_SENIOR i,t = γ + γ PERF i,t-1 + γ REGIONAL_GENDER + γ REGIONAL_AGE +
1
0
i,t
3
2
i,t
γ REGIONAL_TENURE + γ SENIOR i,t-1 + γ MGT_AGE + γ MGT_
6
5
7
4
i,t
i,t
GENDER + γ MGT_TENURE + γ PRICE + γ NUM_ENTRUST +
10
9
i,t
i,t
8
i,t
i,t
γ OFFICE_SIZE + γ OFFICE_AGE + γ TURN + γ NUM_BRANCH i,t
i,t
12
i,t
13
11
14
i,t
+ γ CYCLE + γ INDEX + ∑MONTH + ∑REGION + μ , (5)
16
i,t
15
i,t
i,t
Ab_ADV = α + α PERF i,t-1 +α REGIONAL_GENDER + α REGIONAL_AGE +
i,t
i,t
i,t
3
2
0
1
α REGIONAL_TENURE + α MGT_AGE + α MGT_GENDER + α MGT_
5
i,t
7
6
i,t
i,t
4
TENURE + α TARGET + α PRICE_AREA + α NUM_ENTRUST +
i,t
i,t
10
8
i,t
9
i,t
α OFFICE_SIZE + α OFFICE_AGE + α TURN + α NUM_BRANCH i,t
11
13
i,t
14
i,t
12
i,t
+ α CYCLE + α INDEX + ∑MONTH+∑REGION + φ . (6)
15
i,t
15
i,t
i,t
3.7 Regression Models for Hypothesis 3
To examine our third hypothesis, we also use 2SLS regression models and used
equations (5) and (6) as the baseline models. We use the product term of CONSENSUS
i,t
and PERF i,t-1 to test the impact of subordinates’ past performance on the association
between goal consensus (CONSENSUS ) and the regional manager’s resource allocation
i,t
preferences (Ab_SENIOR and Ab_ADV ). Detailed variable definitions are presented in
i,t
i,t
Table 2. Our models for H3 take the following forms:
Ab_SENIOR i,t = γ + γ CONSENSUS + γ PERF i,t-1 + γ CONSENSUS ×PERF i,t-1 +
0
1
3
2
i,t
i,t
γ REGIONAL_GENDER + γ REGIONAL_AGE + γ REGIONAL_
4
i,t
6
i,t
5
TENURE + γ SENIOR i,t-1 + γ MGT_AGE + γ MGT_GENDER + γ MGT_
i,t
i,t
9
10
i,t
8
7
TENURE + γ PRICE + γ NUM_ENTRUST + γ OFFICE_SIZE +
i,t
12
11
13
i,t
i,t
i,t
γ OFFICE_AGE + γ TURN + γ NUM_BRANCH + γ CYCLE +
i,t
14
i,t
i,t
17
16
15
i,t
γ INDEX + ∑MONTH + ∑REGION + μ , (7)
i,t
i,t
18
Ab_ADV = α + α CONSENSUS + α PERF i,t-1 + α CONSENSUS ×PERF i,t-1 +
i,t
2
3
1
i,t
i,t
0
α REGIONAL_GENDER + α REGIONAL_AGE + α REGIONAL_
5
6
4
i,t
i,t
TENURE + α ADV i,t-1 + α MGT_AGE + α MGT_GENDER + α MGT_
i,t
9
i,t
i,t
10
7
8
TENURE + α PRICE + α NUM_ENTRUST + α OFFICE_SIZE +
i,t
11
i,t
i,t
12
i,t
13
α OFFICE_AGE + α TURN + α NUM_BRANCH + α CYCLE +
i,t
i,t
14
16
17
i,t
i,t
15
α INDEX + ∑MONTH + ∑REGION + φ . (8)
18
i,t
i,t
96