2021 Fiscal Year Research-status Report

Time to See the Big Picture: CEO Strategic Attention and Firm Financial Performance

Research Project

Project/Area Number	19K13799
Research Institution	Hitotsubashi University
Principal Investigator	李燃一橋大学, 大学院経営管理研究科, 准教授 (40839247)
Project Period (FY)	2019-04-01 – 2023-03-31
Keywords	CEO attention / Attention based view / Strategic attention / Operational attention
Outline of Annual Research Achievements	1) I have theoretical defined and differentiated CEOs' strategic attention and operational attention over management issues they have to deal with; 2) I have developed a measurement for both CEO strategic attention and operational attention; 3) I have found distinct firm financial performance in Japan caused by different attentions of Japanese CEOs, the mechanism of it, and boundary conditions; 4) I have made reports and presentations of my findings at international academic conferences such as International Research Meeting in Business and Management 2019 at Nice, France. 5) I have written a manuscript of an academic paper and submitted it to international journals such as Strategic Management Journal.
Current Status of Research Progress	Current Status of Research Progress 3: Progress in research has been slightly delayed. Reason There is some recent development in natural language processing (NLP) techniques. Therefore, reviewers of journals requests me to conduct additional analyses with updated techniques with new softwares.
Strategy for Future Research Activity	1) I have purchased the latest version of QDA, a software helping for data analysis. I will conduct analyses using this software soon. 2) I have trained a PhD student with Python and will conduct additional analyses.
Causes of Carryover	1) Due to the pandemic, I had to change my original plan of collecting first-hand data by interviewing CEOs to collect second-hand data and conduct natural language processing (NLP). 2) I need to pay for the research assistance of PhD students, use of some software such as QDA, and some online data collection services.