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The Role of Managerial Self-Efficacy in Corporate Compliance with the Law

The Role of Managerial Self-Efficacy in Corporate Compliance with the Law Bandura’s (1986) social cognitive theory is proposed as an alternative theoretical framework from which to view the role of managerial cognitions in determining corporate compliance with the law. A first test is made of the usefulness of the construct of managerial self-efficacy in predicting compliance. Data were drawn from interviews with 410 chief executives of small organizations. The predictive utility of self-efficacy is tested with three compliance measures: a self-assessed compliance measure, a government-assessed compliance measure taken at the same time as the self-efficacy measure, and a government-assessed compliance measure taken after a 2-year time lapse. After taking into account a number of significant background variables and making a distinction between self-efficacy beliefs and control beliefs, self-efficacy was found to be significantly related to compliance in all cases. The implications of these results for the regulatory process are discussed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Law and Human Behavior American Psychological Association

The Role of Managerial Self-Efficacy in Corporate Compliance with the Law

Law and Human Behavior , Volume 18 (1): 18 – Feb 1, 1994

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References (26)

Publisher
American Psychological Association
Copyright
Copyright © 1994 American Psychological Association
ISSN
0147-7307
eISSN
1573-661X
DOI
10.1007/BF01499145
Publisher site
See Article on Publisher Site

Abstract

Bandura’s (1986) social cognitive theory is proposed as an alternative theoretical framework from which to view the role of managerial cognitions in determining corporate compliance with the law. A first test is made of the usefulness of the construct of managerial self-efficacy in predicting compliance. Data were drawn from interviews with 410 chief executives of small organizations. The predictive utility of self-efficacy is tested with three compliance measures: a self-assessed compliance measure, a government-assessed compliance measure taken at the same time as the self-efficacy measure, and a government-assessed compliance measure taken after a 2-year time lapse. After taking into account a number of significant background variables and making a distinction between self-efficacy beliefs and control beliefs, self-efficacy was found to be significantly related to compliance in all cases. The implications of these results for the regulatory process are discussed.

Journal

Law and Human BehaviorAmerican Psychological Association

Published: Feb 1, 1994

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