Revisiting Aspiration Level:
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- Suzuki Osamu
- Institute of Business and Accounting, Kwansei Gakuin University
Bibliographic Information
- Other Title
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- 「希求水準」の再考:業績予想データを用いたアプローチの可能性
- An Exploratory Study to Employ Performance Forecasts Dat
Description
<p>Aspiration level is defined as an organizational goal. Attainment of the aspiration level regulates risk-pursuing decisions by organizations. However, there is a dearth of empirical research examining the consistency between assumptions underlying operationalization of aspiration levels and actual goal setting behaviors by organizations. We empirically analyzed updates of financial performance forecasts disclosed by sample firms. Our finding is that these firms flexibly adjust allocation of weights between prior forecasts and prior results. This observation is particularly salient for sample firms characterized with limited organizational slack. Our results suggest that we reconsider the assumption that aspiration level is set to be stable by a simple mechanical formula.</p>
Journal
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- Organizational Science
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Organizational Science 57 (4), 115-125, 2024-06-20
The Academic Association for Organizational Science
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Keywords
Details 詳細情報について
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- CRID
- 1390019204225151360
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- ISSN
- 2187932X
- 02869713
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- Text Lang
- ja
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- Data Source
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- JaLC
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- Abstract License Flag
- Disallowed