Prelims

Stress and Well-being at the Strategic Level

ISBN: 978-1-83797-359-0, eISBN: 978-1-83797-358-3

ISSN: 1479-3555

Publication date: 22 November 2023

Citation

(2023), "Prelims", Harms, P.D. and Chang, C.-H.(D). (Ed.) Stress and Well-being at the Strategic Level (Research in Occupational Stress and Well Being, Vol. 21), Emerald Publishing Limited, Leeds, pp. i-xiv. https://doi.org/10.1108/S1479-355520230000021009

Publisher

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Emerald Publishing Limited

Copyright © 2024 Peter D. Harms and Chu-Hsiang (Daisy) Chang


Half Title Page

Stress and Well-being at the Strategic Level

Series Page

RESEARCH IN OCCUPATIONAL STRESS AND WELL-BEING

Series Editors: Pamela L. Perrewé, Peter D. Harms and Chu-Hsiang (Daisy) Chang

Volume 1: Exploring Theoretical Mechanisms and Perspectives
Volume 2: Historical and Current Perspectives on Stress and Health
Volume 3: Emotional and Physiological Processes and Positive Intervention Strategies
Volume 4: Exploring Interpersonal Dynamics
Volume 5: Employee Health. Coping and Methodologies
Volume 6: Exploring the Work and Non-work Interface
Volume 7: Current Perspectives on Job-stress Recovery
Volume 8: New Developments in Theoretical and Conceptual Approaches to Job Stress
Volume 9: The Role of Individual Differences in Occupational Stress and Well Being
Volume 10: The Role of the Economic Crisis on Occupational Stress and Well Being
Volume 11: The Role of Emotion and Emotion Regulation in Job Stress and Well Being
Volume 12: The Role of Demographics in Occupational Stress and Well Being
Volume 13: Mistreatment in Organizations
Volume 14: The Role of Leadership in Occupational Stress
Volume 15: The Role of Power, Politics, and Influence in Occupational Stress and Well-Being
Volume 16: Occupational Stress and Well-Being in Military Contexts
Volume 17: Examining the Role of Well-Being in the Marketing Discipline
Volume 18: Entrepreneurial and Small Business Stressors, Experienced Stress, and Wellbeing
Volume 19: Examining and Exploring the Shifting Nature of Occupational Stress and Well Being
Volume 20: Examining the Paradox of Occupational Stressors: Building Resilience or Creating Depletion

Editorial Page

EDITORIAL REVIEW BOARD

  • Terry Beehr – Department of Psychology, University of Central Michigan, USA

  • Yitzhak Fried – Rawls College of Business, Texas Tech University, USA

  • Dan Ganster – Department of Management, Colorado State University, USA

  • Leslie Hammer – Department of Psychology, Portland State University, USA

  • Russ Johnson – Department of Management, Michigan State University, USA

  • John Kammeyer-Mueller – Center for HR Labor Studies, University of Minnesota, USA

  • E. Kevin Kelloway – Department of Psychology, Saint Mary’s University, USA

  • Jeff LePine – Department of Management, Arizona State University, USA

  • Paul Levy – Department of Psychology, University of Akron, USA

  • John Schaubroeck – Department of Management, University of Missouri, USA

  • Norbert Semmer – Department of Psychology, University of Berne, USA

  • Sabine Sonnentag – Department of Psychology, University of Mannheim, Germany

  • Paul Spector – Department of IS and Management, University of South Florida, USA

  • Lois Tetrick – Department of Psychology, George Mason University, USA

  • Mo Wang – Department of Management, University of Florida, USA

Editors:

  • Chu-Hsiang (Daisy) Chang – Michigan State University, USA

  • Peter D. Harms – Department of Management, University of Alabama, USA

Title Page

RESEARCH IN OCCUPATIONAL STRESS AND WELL-BEING - VOLUME 21

STRESS AND WELL-BEING AT THE STRATEGIC LEVEL

EDITED BY

PETER D. HARMS

University of Alabama, USA

and

CHU-HSIANG (DAISY) CHANG

Michigan State University, USA

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Emerald Publishing, Floor 5, Northspring, 21-23 Wellington Street, Leeds LS1 4DL.

First edition 2024

Editorial matter and selection © 2024 Peter D. Harms and Chu-Hsiang (Daisy) Chang

Individual chapters © 2024 The authors.

Published under exclusive licence by Emerald Publishing Limited.

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-83797-359-0 (Print)

ISBN: 978-1-83797-358-3 (Online)

ISBN: 978-1-83797-360-6 (Epub)

ISSN: 1479-3555 (Series)

Overview

Volume 21 of Research in Occupational Stress and Well-being is focused on promoting theory and research in the increasingly important area of occupational stress, health, and well-being. In the past few years, as the world has dealt with the ongoing consequences of a global pandemic, the critical role played by institutions in the well-being of their employees and citizens has become increasingly clear. To that end, we felt the need to shine a spotlight on an oft-overlooked area of research concerning how organizations can both promote and inhibit well-being. To that end, we solicited a series of chapters investigating how organizational policies and decisions could impact stress and well-being (whether intentionally or not), how best to assess stress and well-being in organizations, how individuals in the upper echelons of companies shaped the emotional tone of their organizations and the experiences of their followers, and how the experiences and obligations of strategic leaders shape their own lives.

Although research on stress and well-being is well-established in the organizational literature when it comes to the study of individuals, this is generally not the case for scholars who investigate macro-level phenomena. Consequently, we were thrilled to be able to assemble an eclectic and talented group of authors who have broken new ground when it comes to understanding how, when, and why psychological phenomena such as stress and well-being can play a role in organizational functioning and success.

In our chapter by Bass, Milosevic, and DeArmond, the authors change the level of analysis for stress and well-being and utilize conservation of resource theory and dynamic capabilities to examine how firms experience and adapt to stress events. Our second chapter by Irwin and Willis expands on this by examining how strategic decisions impact members of firms, both leaders and employees, and stress and well-being can, in turn, impact strategic decisions. In the third chapter, Cobb and Brummel further delve into the issue of strategic decision-making by expanding on how policy decisions by corporate leaders can impact the stress and well-being of their employees by promoting or hindering their ability to establish health boundaries and balance between their work and nonwork lives. The next chapters both dig deeper into how stress, well-being, and emotions impact the decision-makers themselves. First, in the fourth chapter, Wright, Silard, and Bourgoin shed light on the nature of loneliness in the CEO position and how the various aspects of the job can contribute to feelings of isolation even among the highly successful. Next, in the fifth chapter, Hyde and Borgholthaus investigate how CEO affect intensity can influence strategic decision-making with regard to risk and also firm performance. Finally, in the last two chapters, we have examples of innovative methods for assessing and understanding stress, well-being, and emotions at the organizational level. In the sixth chapter, Lindgren, Wang, Upadhyay, and Kobayashi use sentiment analysis to assess the emotional tone of organizations in order to enable a deeper understanding of corporate values and priorities. And finally, in the seventh chapter, Welbourne reviews 20 years of research concerning the assessment and promotion of energy in the workplace and how it can drive firm-level performance and sustainability.

Our goal for this issue was to provide avenues for expanding the study of stress and well-being beyond the individual. We are thrilled with our author teams and how they managed to introduce and integrate such a diverse and interesting set of ideas, both in terms of advancing theory and methods. We believe that this volume provides critical insights into the cutting-edge research going on in our field and we are grateful to the author teams and the staff at Emerald who helped to put it all together in this volume of Research in Occupational Stress and Well-being.

Peter D. Harms and Chu-Hsiang (Daisy) Chang

Contents

About the Contributors xi
Firm Stress, Adaptive Responses, and Unpredictable, Resource-depleting External Shocks: Leveraging Conservation of Resources Theory and Dynamic Capabilities
A. Erin Bass, Ivana Milosevic and Sarah DeArmond 1
The Reciprocal Relationship Between M&A Strategic Decision-making and Well-Being
Kris Irwin and Chris H. Willis 17
Work–Nonwork Policies and Practices: The Strategic Opportunity to Consider Organizational Boundary Management Strategies
Haley R. Cobb and Bradley J. Brumme l45
Publicly Invulnerable, Privately Lonely: How the Unique Individual and Structural Characteristics of Their Organizational Role Contribute to CEO Loneliness
Sarah Wright, Anthony Silard and Alaric Bourgoin 65
Cracking the CEO's Brain on Risk: Exploring the Interplay Between CEO Cognition and Affect Intensity in Organizational Decision-making and its Outcomes
Steven J. Hyde and Cameron J. Borgholthaus 81
Sentiment Analysis for Organizational Research
Chapman J. Lindgren, Wei Wang, Siddharth K. Upadhyay and Vladimer B. Kobayashi 95
Leader Energy Driving Personal and Firm-Level Wellness: Lessons from 20 Years of the Leadership Pulse
Theresa M. Welbourne 119
Index 137

About the Contributors

A. Erin Bass, Ph.D., University of Nebraska-Lincoln, is an Associate Professor of Management at the University of Nebraska Omaha. Her research centers on stakeholder management, corporate social responsibility, and resource and capability development and deployment in firms. She is particularly interested in these concepts in the context of the energy industry. Her work has been published in the Academy of Management Review, Journal of International Business Studies, among others.

Cameron J. Borgholthaus is an Assistant Professor of Management at Southern Illinois University Edwardsville. He received his Ph.D. with an emphasis in Strategic Management from the University of Nebraska-Lincoln. His research focuses on strategic leadership and corporate governance, placing particular emphasis on CEO personality, the dyadic relationship between a firm’s CEO and its board of directors, and the effects of TMT/board diversity.

Alaric Bourgoin is an Associate Professor and Co-director of the Top Executives and Strategic Management Hub at HEC Montreal. His research focuses on management consulting, professional service firms, complex transformations, and strategic dialogue. He has published in leading management journals such as the Academy of Management Journal, Organization Studies, and Human Relations.

Bradley J. Brummel, Ph.D., studies leader development in the context of professional ethics, with a focus on personal narratives, and with the goal of meaningful and safe workplaces. He received his Doctorate in Industrial–Organizational Psychology from the University of Illinois at Urbana-Champaign in 2008 and will be a Professor of Industrial–Organizational Psychology at the University of Houston in Fall 2023. He is currently the President of the Society of Psychologists in Leadership.

Haley R. Cobb, Ph.D., studies work–nonwork boundary management and other topics related to worker well-being and occupational health psychology. She received her Doctorate in Industrial–Organizational Psychology from Saint Louis University in Spring 2023 and will be an Assistant Professor of Industrial–Organizational Psychology at Louisiana State University in Fall 2023.

Sarah DeArmond, Ph.D., Colorado State University, is a Professor of Management and Human Resources at the University of Wisconsin Oshkosh. She has authored numerous articles in journals such as Academy of Management Learning and Education and Journal of Personnel Psychology. She has also presented her research at several conferences, including the Academy of Management and the Society for Industrial and Organizational Psychology. She has received several awards for her outstanding contributions to teaching and research.

Steven J. Hyde is an Assistant Professor of Management in the College of Business and Economics at Boise State University. Steven received his Ph.D. in management from the University of Texas at San Antonio. His research lies at the intersection of corporate strategy, artificial intelligence, and psychology. You can find his work in the Journal of Applied Psychology, Journal of Economics Behavior and Organization, and Equality Diversity and Inclusion. Steven teaches Strategic Tools and Business Policy and Strategy.

Kris Irwin is an Assistant Professor in the Strome College of Business at Old Dominion University. She holds a Ph.D. in Management from the Culverhouse College of Business at the University of Alabama, an MBA from the Fuqua School of Business at Duke University, and a Bachelor of Science from the School of Engineering at Vanderbilt University. Her research interests include mergers and acquisitions, strategic human capital, and small-to-medium-sized enterprises/startups. Her research has been published in journals such as the Journal of Business Research, Journal of Management & Organization, and Journal of Small Business Strategy.

Vladimer B. Kobayashi is an Associate Professor at the University of the Philippines Mindanao (UP Mindanao), where he teaches Applied Mathematics and Computer Science. He was a former Department Chair and University Registrar of UP Mindanao. He is also a Certified Data Analytics Professional in the country. He was twice awarded a fellowship by the European Commission, one for Master’s and another for Ph.D. His research has been presented at various international meetings, conferences, and symposia. He has published numerous papers primarily on the application of text mining in organizations, the application of data analytics to fecal source pollution identification, telehealth, and applications of artificial intelligence in environmental studies. He is involved in several data analytics projects that aim to address some of the world’s problems.

Chapman J. Lindgren is a Ph.D. student of Industrial–Organizational Psychology in the Department of Psychology at Baruch College & the Graduate Center, CUNY, New York, NY. He received a Bachelor’s degree in Psychology and minored in Health Policy and Management at the University of Georgia. His current research interests include crisis leadership, computational modeling, and novel methodologies with a primary focus on developing and promoting inclusive selection and assessment tools.

Ivana Milosevic, Ph.D., University of Nebraska-Lincoln, is an Assistant Professor of Management at the College of Charleston. Her research interests include microfoundations of corporate social responsibility and reliability as well as the process of firm growth. Her work has been published in Journal of Management and Business & Society, among others.

Anthony Silard is an Associate Professor of Leadership and the Director of the Center for Sustainable Leadership at Luiss Business School in Rome and the Distinguished Visiting Professor of Leadership at Tecnológico de Monterrey. He has published in leading academic journals such as the Journal of Management, Human Relations, Journal of Organizational Behavior and a featured author and columnist for Psychology Today, The Huffington Post, Fast Company, The Financial Times, among others.

Siddharth K. Upadhyay is a Ph.D. candidate in the Department of Global Leadership and Management, College of Business at Florida International University. He holds a Bachelor of Engineering degree in Information Technology from Gujarat Technological University, India, and a Master of Business Administration from Florida International University, Miami, Florida. Before pursuing Doctoral studies, he had a combined experience of three years in the corporate sector. His current research interests include diversity, equity and inclusion (DEI), selection and recruitment, and machine learning methods, with a primary focus on disability inclusion and political ideology. His previous works have been published in peer-reviewed business journals and have published award-winning case studies related to DEI.

Wei Wang is an Associate Professor of Psychology at the CUNY Graduate Center, where he directs the Computational Psychology Laboratory. His research primarily focuses on quantitative methods and computational modeling (e.g., machine learning, applied psychometrics, text analysis, network analysis, etc.), and their broad applications in various psychological, managerial, and educational areas.

Theresa M. Welbourne, Ph.D., is the Will and Maggie Brooke Professor in Entrepreneurship and Executive Director, Alabama Entrepreneurship Institute, Culverhouse College of Business at The University of Alabama. She works with students, faculty, staff, and business leaders to help drive both new venture development and ongoing growth within established firms. She also runs programming at The EDGE, which is Tuscaloosa’s incubator and accelerator. Her expertise is in the areas of entrepreneurship, human capital management and strategic leadership in high growth, entrepreneurial, and high change organizations. She is the Founder, President, and CEO of eePulse, Inc., a human capital technology and consulting firm. Her research and work have been featured in popular publications such as Inc. Magazine, Wall Street Journal, The Financial Times, Business Week, New York Times, and Entrepreneur Magazine, and she is well published in numerous academic journals and books as well as business books. She also runs two large-scale research studies, one focused on high-growth companies and initial public offerings, and another that is focused on employee resource groups and how they drive innovation and firm-level growth. She was awarded the 2012 Academy of Management Distinguished Executive Award (for contributions to research, teaching, and practice), in 2017, she was named a Society of Industrial and Organizational Psychology Fellow, and in 2022, she made the Business Alabama list of the top 22 in 22 Women in Tech. She also holds an appointment as an Affiliated Senior Research Scientist with the Center for Effective Organizations, Marshall School of Business, University of Southern California.

Chris H. Willis is a Ph.D. candidate in the Strome College of Business at Old Dominion University. He holds a Master’s degree in International Management from Thunderbird with concentrations in International Development and Cross-culture Negotiations and Mediation, an MBA from Virginia Tech with a Global Business Concentration and a BS in Technology from Appalachian State University. His research interests include the ways in which individual-level factors impact firm governance building upon the human capital and strategic decision-making literatures. His primary research area explores the influence of micro-level factors on firm performance outcomes. He has published in Asia-Pacific Journal of Management and was instrumental in the successful application for, and co-PI, of the 2020 E. M. Kauffman Knowledge Challenge ($400,000) Grant, which provides financial support for his research activities.

Sarah Wright is an Associate Professor of Organisational Behaviour at the University of Canterbury in New Zealand. At the heart of her research and teaching is a focus on human relationships within groups and organizations, with a particular focus on workplace loneliness and relationship quality. She has published in leading academic journals such as Human Relations, Leadership Quarterly, Journal of Business Ethics, and the Academy of Management Learning & Education.