Corporate entrepreneurship and financial performance: The role of management

It is hypothesised that a positive relationship exists between the financial performance of an organisation and the level of intrapreneurship within the organisation with causation running from entrepreneurship to financial outcomes. Using a three-factor key intrapreneurship model developed by Goose...

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Main Authors: C. J. Goosen, T. J. De Coning, E. V.D.M. Smit
Format: Article
Language:English
Published: AOSIS 2002-12-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/708
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author C. J. Goosen
T. J. De Coning
E. V.D.M. Smit
author_facet C. J. Goosen
T. J. De Coning
E. V.D.M. Smit
author_sort C. J. Goosen
collection DOAJ
description It is hypothesised that a positive relationship exists between the financial performance of an organisation and the level of intrapreneurship within the organisation with causation running from entrepreneurship to financial outcomes. Using a three-factor key intrapreneurship model developed by Goosen, De Coning and Smit (2002) and financial outcomes from a sample of companies listed in the industrial sector of the Johannesburg Stock Exchange, this proposition is put to the test. The results support the hypothesis that the key factors innovativeness, proactiveness and management’s internal influence all significantly contribute to financial performance if regarded individually, but that the last factor dominates the first two external factors when used simultaneously. The conclusion underscores the importance of the impact of leadership on financial outcomes.
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spelling doaj.art-c2a4c0413114440e90e3f2b20d9344cf2022-12-22T03:36:36ZengAOSISSouth African Journal of Business Management2078-55852078-59762002-12-01334212710.4102/sajbm.v33i4.708428Corporate entrepreneurship and financial performance: The role of managementC. J. Goosen0T. J. De Coning1E. V.D.M. Smit2Graduate School of Business, University of StellenboschGraduate School of Business, University of StellenboschGraduate School of Business, University of StellenboschIt is hypothesised that a positive relationship exists between the financial performance of an organisation and the level of intrapreneurship within the organisation with causation running from entrepreneurship to financial outcomes. Using a three-factor key intrapreneurship model developed by Goosen, De Coning and Smit (2002) and financial outcomes from a sample of companies listed in the industrial sector of the Johannesburg Stock Exchange, this proposition is put to the test. The results support the hypothesis that the key factors innovativeness, proactiveness and management’s internal influence all significantly contribute to financial performance if regarded individually, but that the last factor dominates the first two external factors when used simultaneously. The conclusion underscores the importance of the impact of leadership on financial outcomes.https://sajbm.org/index.php/sajbm/article/view/708
spellingShingle C. J. Goosen
T. J. De Coning
E. V.D.M. Smit
Corporate entrepreneurship and financial performance: The role of management
South African Journal of Business Management
title Corporate entrepreneurship and financial performance: The role of management
title_full Corporate entrepreneurship and financial performance: The role of management
title_fullStr Corporate entrepreneurship and financial performance: The role of management
title_full_unstemmed Corporate entrepreneurship and financial performance: The role of management
title_short Corporate entrepreneurship and financial performance: The role of management
title_sort corporate entrepreneurship and financial performance the role of management
url https://sajbm.org/index.php/sajbm/article/view/708
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