A psychometric validation of measures of strategic cognition derived by content analysis

Kabanoff, Boris & Keegan, Jack (2008) A psychometric validation of measures of strategic cognition derived by content analysis. In Solomon, George (Ed.) Academy of Management 2008 Annual Meeting Proceedings – The Questions We Ask, 8 – 13 August, Anaheim, California, United States.

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Using seven years of data from Australian firms, we test convergent, discriminant and predictive validity of three content analysis derived measures of the level of top management attention to key strategic dimensions based on Miles and Snow’s (1978) strategy framework. We do this by relating the level of top-team focus on innovation, capacity building and operational efficiency with economic or accounting indicators of related firm resource allocations. We also compare the temporal stability of the cognitive and economic variables. We then demonstrate some of the potential extra explanatory power contained in cognitive measures by using structural equation modelling to examine the joint and lagged effects of innovation cognition and R&D spending on three performance indicators (ROA, ROE, Tobin’s q). The findings provide solid evidence for the convergent, discriminant and predictive validity of the measures of strategic cognition as well as their temporal stability. Methodological and substantive implications for the study of strategic cognition are considered.

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ID Code: 17208
Item Type: Conference Paper
Refereed: Yes
Additional Information: Self-archiving of the author-version is not yet supported by this publisher.
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Keywords: Strategic Cognition, Validation, Content Analysis
ISSN: 1543-8643
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Organisation and Management Theory (150310)
Divisions: Current > Research Centres > Australian Centre for Business Research
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2008 Academy of Management
Deposited On: 02 Feb 2009 00:46
Last Modified: 03 Mar 2011 05:46

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