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
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