The Development of an Instrument for Measuring Role Perceptions of U.S. Chief Executive Officers

Abstract

This paper presents the development and initial validation of an instrument intended to measure Chief
Executive Officers’ (CEOs) perceptions about their roles. Additionally, the instrument was used to
gather data about how much time CEOs spent in six categories of roles. This research describes
instrument development using preliminary validity assessments with Exploratory Factor Analysis (EFA).
Constant comparative analysis was also utilized to group 31 roles of CEOs into six categories of roles
for purposes of requesting time estimates. It is concluded there is good preliminary evidence for
emerging factor structures however more data needs to be collected from CEOs in locations other than
the United States to support further development of a predictable instrument.