The Influence and Outcome of Expected Performance Feedback Effect on the Structure of Organizational Slack in Manufacturing Industry

Abstract

Abstract:

Which factors affect the structure of organizational slack? What effects will have on the enterprise for the transformation of the structure of organizational slack? In an era when manufacturing enterprises are driven by innovation, this paper, based on organizational behavior theory, explores the impact of expected performance feedback effect in manufacturing industry on the structure of organizational slack. Next, this paper further researches the context effects of product market competition and financing constraints using product market theory and financing constraints theory. At last, this paper discusses the impact of the deviation of the structure of organizational slack on the performance. The empirical result based on the panel data of Chinese listed company from 2001 to 2014 indicates: expected performance feedback effect in manufacturing industry has a negative impact on the structure of organizational slack, and product market competition can strengthen the negative influence; in the context of financing constraints, product market competition has a more significant moderating effect. Finally, when the actual structure of organizational slack in manufacturing industry deviates from the standard structure, it will have an unfavorable effect on performance. This study provides a new theoretical interpretation and practical guidance for the academe and the business community to further deepen the understanding and management of the structure of organizational slack.

Key words: expected performance feedback effect, the structure of organizational slack, product market competition, financing constraints, deviation

Li Jian, Pan Zhen, Chen Jingren. The Influence and Outcome of Expected Performance Feedback Effect on the Structure of Organizational Slack in Manufacturing Industry[J]. , 2018, 30(11): 198-208.

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