Pub Date : 2023-11-29DOI: 10.1007/s10551-023-05562-2
Francesca Capo, Antonino Vaccaro, Pascual Berrone
Prosocial organizations represent key actors in the quest to promote positive change, foster social impact, and revitalize cities. Notwithstanding their importance in tackling the increasing challenges threatening our society (e.g., pollution, socio-economic inequalities), these actors may not be perceived as salient in the eyes of different stakeholders, and thus their work may be jeopardized by multiple forms of resistance. Scant attention in research has been devoted to understand how prosocial organizations may acquire saliency and navigate these forms of resistance while pursuing urban revitalization. We address this gap by engaging in a qualitative investigation of a Sicilian cultural center. We found that the prosocial organization in our study could navigate different occurrences of resistance and acquire saliency by enacting mechanisms that leveraged the engagement of supporting stakeholders and the idiosyncratic characteristics of place. Our study contributes to the literature about urban revitalization, prosocial organizations, and stakeholder theory—while also complementing research investigating the role of place in management.
{"title":"Revitalizing Urban Places: How Prosocial Organizations Acquire Saliency in the Eyes of Resisting Stakeholders","authors":"Francesca Capo, Antonino Vaccaro, Pascual Berrone","doi":"10.1007/s10551-023-05562-2","DOIUrl":"https://doi.org/10.1007/s10551-023-05562-2","url":null,"abstract":"<p>Prosocial organizations represent key actors in the quest to promote positive change, foster social impact, and revitalize cities. Notwithstanding their importance in tackling the increasing challenges threatening our society (e.g., pollution, socio-economic inequalities), these actors may not be perceived as salient in the eyes of different stakeholders, and thus their work may be jeopardized by multiple forms of resistance. Scant attention in research has been devoted to understand how prosocial organizations may acquire saliency and navigate these forms of resistance while pursuing urban revitalization. We address this gap by engaging in a qualitative investigation of a Sicilian cultural center. We found that the prosocial organization in our study could navigate different occurrences of resistance and acquire saliency by enacting mechanisms that leveraged the engagement of supporting stakeholders and the idiosyncratic characteristics of place. Our study contributes to the literature about urban revitalization, prosocial organizations, and stakeholder theory—while also complementing research investigating the role of place in management.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"149 1","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520755","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-29DOI: 10.1007/s10551-023-05564-0
Kayla Stajkovic, Alexander D. Stajkovic
Growing evidence suggests the presence of a female leadership advantage (FLA), such that women leaders tend to be associated with more effective outcomes in uncertain conditions. However, mechanisms linking women's leadership to effective outcomes are less well understood. We integrate FLA insights with ethics of care philosophical framework to conceptualize how women leaders achieve effective outcomes in the context of the urban revitalization crisis in the United States. We propose and empirically test the mediating role of ethics of care leadership in the relationship between women mayors and economic health of their cities. We used data from the Urban Institute that includes 272 United States cities and measures of variables in our conceptual model at five points in time spanning 36 years (n = 1185 city-year observations). We capture ethics of care leadership focused on racial inclusion with an index measure of a city’s racial spatial segregation, homeownership gap, poverty gap, and education gap, and we capture economic health with an index measure of a city’s employment growth, unemployment rate, housing vacancy rate, and median family income. We found that female-led cities were associated with better economic health, and this association was mediated by female-led cities’ association with greater racial inclusion. Ethics of care leadership appears to be one pathway through which a FLA manifests itself in the context of the urban revitalization crisis. This underscores the importance of city leadership that balances social and economic prerogatives. Implications are discussed.
{"title":"Ethics of Care Leadership, Racial Inclusion, and Economic Health in the Cities: Is There a Female Leadership Advantage?","authors":"Kayla Stajkovic, Alexander D. Stajkovic","doi":"10.1007/s10551-023-05564-0","DOIUrl":"https://doi.org/10.1007/s10551-023-05564-0","url":null,"abstract":"<p>Growing evidence suggests the presence of a female leadership advantage (FLA), such that women leaders tend to be associated with more effective outcomes in uncertain conditions. However, mechanisms linking women's leadership to effective outcomes are less well understood. We integrate FLA insights with ethics of care philosophical framework to conceptualize how women leaders achieve effective outcomes in the context of the urban revitalization crisis in the United States. We propose and empirically test the mediating role of ethics of care leadership in the relationship between women mayors and economic health of their cities. We used data from the Urban Institute that includes 272 United States cities and measures of variables in our conceptual model at five points in time spanning 36 years (<i>n</i> = 1185 city-year observations). We capture ethics of care leadership focused on racial inclusion with an index measure of a city’s racial spatial segregation, homeownership gap, poverty gap, and education gap, and we capture economic health with an index measure of a city’s employment growth, unemployment rate, housing vacancy rate, and median family income. We found that female-led cities were associated with better economic health, and this association was mediated by female-led cities’ association with greater racial inclusion. Ethics of care leadership appears to be one pathway through which a FLA manifests itself in the context of the urban revitalization crisis. This underscores the importance of city leadership that balances social and economic prerogatives. Implications are discussed.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"20 1","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-29DOI: 10.1007/s10551-023-05568-w
Luigi Russi, Cécile Renouard, Nathanaël Wallenhorst
This commentary responds to the following article previously published on the Journal and Business Ethics: ‘Baudoin, L., Arenas, D. “Everyone Has a Truth”: Forms of Ecological Embeddedness in an Interorganizational Context. J Bus Ethics185, 263–280 (2023)’. Our commentary offers a rejoinder to Baudoin’s and Arenas’ conclusion that environmental engagement within organizations is a plural field within which many different sub-positions may be discerned. In rejoining their conclusion, our commentary searches for greater nuance in the portrayal of engagement for social and ecological transition in the workplace. This is done in two steps: first, by ‘softening’ categories that conceal as much as they reveal: like Olin Wright’s tripartition of rupture, interstice and reform as distinct forms such engagement might take. Second, by undertaking a close reading of the experience of an activist undertaking training on environmental issues, who has previously left a job with a French car manufacturer. In so doing, we discern the following strategies co-existing simultaneously in this person’s story: an existential quest to frame his choices, the decision to become a broker of scientific information concerning human-made climate change to other professionals, and a state of ‘suspension’ in moving from individual consciousness raising to the initiation of joint action with others.
{"title":"Beyond Rupture, Interstice and Reform: Searching for Nuance in the Portrayal of Engagement for Social and Ecological Transition","authors":"Luigi Russi, Cécile Renouard, Nathanaël Wallenhorst","doi":"10.1007/s10551-023-05568-w","DOIUrl":"https://doi.org/10.1007/s10551-023-05568-w","url":null,"abstract":"<p>This commentary responds to the following article previously published on the Journal and Business Ethics: ‘Baudoin, L., Arenas, D. “Everyone Has a Truth”: Forms of Ecological Embeddedness in an Interorganizational Context. <i>J Bus Ethics</i> <i>185</i>, 263–280 (2023)’. Our commentary offers a rejoinder to Baudoin’s and Arenas’ conclusion that environmental engagement within organizations is a plural field within which many different sub-positions may be discerned. In rejoining their conclusion, our commentary searches for greater nuance in the portrayal of engagement for social and ecological transition in the workplace. This is done in two steps: first, by ‘softening’ categories that conceal as much as they reveal: like Olin Wright’s tripartition of rupture, interstice and reform as <i>distinct</i> forms such engagement might take. Second, by undertaking a close reading of the experience of an activist undertaking training on environmental issues, who has previously left a job with a French car manufacturer. In so doing, we discern the following strategies co-existing simultaneously in this person’s story: an existential quest to frame his choices, the decision to become a broker of scientific information concerning human-made climate change to other professionals, and a state of ‘suspension’ in moving from individual consciousness raising to the initiation of joint action with others.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"15 4","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520754","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-28DOI: 10.1007/s10551-023-05570-2
Craig Reeves, Matthew Sinnicks
This paper aims to demonstrate the contemporary relevance of Adorno’s thought for business ethicists working in the critical tradition by showing how his critique of modern social life anticipated, and offers continuing illumination of, recent technological transformations of capitalism. It develops and extrapolates Adorno’s thought regarding three central spheres of modern society, which have seen radical changes in light of recent technological developments: work, in which employee monitoring has become ever more sophisticated and intrusive; leisure consumption, in which the algorithmic developments of the culture industry have paved the way for entertainment products to dominate us; and political discourse, in which social media has exacerbated the anti-democratic tendencies Adorno warned of in the mid-twentieth century. We conclude by presenting, as a rejoinder to these developments, the contours of an Adornian ethics of resistance to the reification and dehumanisation of such developments.
{"title":"Totally Administered Heteronomy: Adorno on Work, Leisure, and Politics in the Age of Digital Capitalism","authors":"Craig Reeves, Matthew Sinnicks","doi":"10.1007/s10551-023-05570-2","DOIUrl":"https://doi.org/10.1007/s10551-023-05570-2","url":null,"abstract":"<p>This paper aims to demonstrate the contemporary relevance of Adorno’s thought for business ethicists working in the critical tradition by showing how his critique of modern social life anticipated, and offers continuing illumination of, recent technological transformations of capitalism. It develops and extrapolates Adorno’s thought regarding three central spheres of modern society, which have seen radical changes in light of recent technological developments: work, in which employee monitoring has become ever more sophisticated and intrusive; leisure consumption, in which the algorithmic developments of the culture industry have paved the way for entertainment products to dominate us; and political discourse, in which social media has exacerbated the anti-democratic tendencies Adorno warned of in the mid-twentieth century. We conclude by presenting, as a rejoinder to these developments, the contours of an Adornian ethics of resistance to the reification and dehumanisation of such developments.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"1 1","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520730","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-28DOI: 10.1007/s10551-023-05573-z
Rajat Roy, Anirban Som, Vik Naidoo, Fazlul K. Rabbanee
The literature on ethics currently recommends more research on the emotional underpinnings of ethical decision-making. The current study takes up the challenge, addressing this research gap by theorising and empirically testing, through four studies (with different methodologies, e.g., survey design, lab experiment), the link between envy—malicious versus benign—and beliefs in unethical consumer behaviour as moderated by religiosity. We show that while malicious envy enhances different types of unethical consumer beliefs, this effect is dampened by the presence versus absence of religiosity (when religiosity was both measured and manipulated through thoughts of God priming). We also show that moral awareness mediates this effect. The findings contribute to theory and practice.
{"title":"How Envy Encourages Beliefs in Unethical Consumer Behaviour: The Role of Religiosity and Moral Awareness","authors":"Rajat Roy, Anirban Som, Vik Naidoo, Fazlul K. Rabbanee","doi":"10.1007/s10551-023-05573-z","DOIUrl":"https://doi.org/10.1007/s10551-023-05573-z","url":null,"abstract":"<p>The literature on ethics currently recommends more research on the emotional underpinnings of ethical decision-making. The current study takes up the challenge, addressing this research gap by theorising and empirically testing, through four studies (with different methodologies, e.g., survey design, lab experiment), the link between envy—malicious versus benign—and beliefs in unethical consumer behaviour as moderated by religiosity. We show that while malicious envy enhances different types of unethical consumer beliefs, this effect is dampened by the presence versus absence of religiosity (when religiosity was both measured and manipulated through thoughts of God priming). We also show that moral awareness mediates this effect. The findings contribute to theory and practice.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"53 1","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-27DOI: 10.1007/s10551-023-05567-x
Wei Pan, Egan Lua, Zaoli Yang, Yi Su
Research on knowledge hiding has largely focused on its antecedents while overlooking its consequences. Drawing on moral cleansing theory, we adopt a “perpetrator-centric view” and posit that employees who engage in playing dumb and evasive hiding–two specific knowledge hiding behaviors that involve deception–will subsequently perform more organizational citizenship behavior directed toward individuals (OCB-I) because they perceive a loss of moral credits following their moral transgression. Further, we propose that the indirect effects are contingent on perpetrators’ moral identity internalization. We tested our hypotheses using a time-lagged research design with a sample of 362 respondents from a large pharmaceutical group company. Consistent with our hypotheses, we found that employees who engaged in playing dumb and evasive hiding subsequently exhibited more OCB-I as they perceived a loss of moral credits, whereas employees who engaged in rationalized hiding did not. In addition, the positive relationships between playing dumb and evasive hiding with perceived loss of moral credits were stronger when perpetrators had high moral identity internalization, as were the indirect effects of playing dumb and evasive hiding on OCB-I via perceived loss of moral credits. Our research contributes to the understanding of when and how engaging in knowledge hiding affects perpetrators and their compensatory behaviors toward coworkers.
{"title":"When and How Knowledge Hiding Motivates Perpetrators' Organizational Citizenship Behavior","authors":"Wei Pan, Egan Lua, Zaoli Yang, Yi Su","doi":"10.1007/s10551-023-05567-x","DOIUrl":"https://doi.org/10.1007/s10551-023-05567-x","url":null,"abstract":"<p>Research on knowledge hiding has largely focused on its antecedents while overlooking its consequences. Drawing on moral cleansing theory, we adopt a “perpetrator-centric view” and posit that employees who engage in playing dumb and evasive hiding–two specific knowledge hiding behaviors that involve deception–will subsequently perform more organizational citizenship behavior directed toward individuals (OCB-I) because they perceive a loss of moral credits following their moral transgression. Further, we propose that the indirect effects are contingent on perpetrators’ moral identity internalization. We tested our hypotheses using a time-lagged research design with a sample of 362 respondents from a large pharmaceutical group company. Consistent with our hypotheses, we found that employees who engaged in playing dumb and evasive hiding subsequently exhibited more OCB-I as they perceived a loss of moral credits, whereas employees who engaged in rationalized hiding did not. In addition, the positive relationships between playing dumb and evasive hiding with perceived loss of moral credits were stronger when perpetrators had high moral identity internalization, as were the indirect effects of playing dumb and evasive hiding on OCB-I via perceived loss of moral credits. Our research contributes to the understanding of when and how engaging in knowledge hiding affects perpetrators and their compensatory behaviors toward coworkers.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"220 1","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-24DOI: 10.1007/s10551-023-05561-3
Haitao Wu, Shiyue Luo, Suixin Li, Yan Xue, Yu Hao
{"title":"Fostering Urban Inclusive Green Growth: Does Corporate Social Responsibility (CSR) Matter?","authors":"Haitao Wu, Shiyue Luo, Suixin Li, Yan Xue, Yu Hao","doi":"10.1007/s10551-023-05561-3","DOIUrl":"https://doi.org/10.1007/s10551-023-05561-3","url":null,"abstract":"","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"123 9","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139239441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-20DOI: 10.1007/s10551-023-05530-w
Anette Mikes, Michael Power
We use content analysis to show that the diagnosis of the financial crisis of 2007–2009 shifted significantly from a focus on the need for structural change in the banking industry to an emphasis on culture and reform at the organizational level. We consider four overlapping subsystems in which this shift in problem–solution clusters played out—political, regulatory, legal, and consulting—and show that the “structural reform agenda,” which was initially strong and publicly prominent in the political arena, lost attention. Over time it was displaced by a neoliberal managerialist turn, which watered down or abandoned structural solutions and instead played up a new “culture and conduct reform agenda.” We explain this shift in terms of the marketization of regulation, which—following Mautner (Language and the market society, 1st ed. Routledge, 2010)’s model of interdiscursive alignment—we detect in the shifting language of financial-services reform across the four subsystems in scope. We argue that a neoliberal turn took place with a discursive closure that made the structural reform alternative gradually unsayable and, in the end, unthinkable. At the same time, the discourse turned to embrace the neoliberal agenda, built on the myth of self-regulating actors and markets, manifest in the culture problematic. This managerialist turn was able to mobilise, and be operationalised by, an industry of consultants, whereas structural change came to be seen by regulators as too risky to implement. We claim that these dynamics reveal how a form of “collective strategic ignorance,” based on powerful institutional myths, was systematically oriented to ignore and reject structural sources of crisis. Finally, we suggest that the observed pattern of displacement—whereby initial calls for structural change become later displaced by managerial and procedural solutions—is common to other social issues, such as audit reform and corporate social responsibility.
我们使用内容分析表明,对2007-2009年金融危机的诊断从关注银行业结构变革的必要性显著转变为强调组织层面的文化和改革。我们考虑了四个重叠的子系统,在这些子系统中,问题解决方案集群的转变发挥了作用——政治、监管、法律和咨询——并表明“结构改革议程”,最初在政治舞台上是强大的和公开突出的,失去了关注。随着时间的推移,它被新自由主义的管理主义转向所取代,这种转向淡化或放弃了结构性解决方案,取而代之的是一种新的“文化和行为改革议程”。我们从监管市场化的角度解释了这种转变,根据Mautner (Language and the market society, 1st edition . Routledge, 2010)的话语间一致性模型,我们发现了金融服务改革在四个子系统范围内的语言变化。我们认为,新自由主义的转向伴随着话语的终结而发生,这使得结构性改革的替代方案逐渐变得不可言说,最终变得不可想象。与此同时,话语转向拥抱新自由主义议程,建立在自我调节行为者和市场的神话之上,表现在文化问题上。这种管理主义的转变能够动员咨询行业,并由其实施,而监管机构则认为,结构性变革风险太大,无法实施。我们声称,这些动态揭示了一种基于强大的制度神话的“集体战略无知”形式是如何系统性地忽视和拒绝危机的结构性根源的。最后,我们认为观察到的替代模式——即最初对结构变革的呼吁后来被管理和程序解决方案所取代——在审计改革和企业社会责任等其他社会问题中是常见的。
{"title":"How Culture Displaced Structural Reform: Problem Definition, Marketization, and Neoliberal Myths in Bank Regulation","authors":"Anette Mikes, Michael Power","doi":"10.1007/s10551-023-05530-w","DOIUrl":"https://doi.org/10.1007/s10551-023-05530-w","url":null,"abstract":"<p>We use content analysis to show that the diagnosis of the financial crisis of 2007–2009 shifted significantly from a focus on the need for structural change in the banking industry to an emphasis on culture and reform at the organizational level. We consider four overlapping subsystems in which this shift in problem–solution clusters played out—political, regulatory, legal, and consulting—and show that the “structural reform agenda,” which was initially strong and publicly prominent in the political arena, lost attention. Over time it was displaced by a neoliberal managerialist turn, which watered down or abandoned structural solutions and instead played up a new “culture and conduct reform agenda.” We explain this shift in terms of the marketization of regulation, which—following Mautner (<i>Language and the market society</i>, 1st ed. Routledge, 2010)’s model of interdiscursive alignment—we detect in the shifting language of financial-services reform across the four subsystems in scope. We argue that a neoliberal turn took place with a <i>discursive closure</i> that made the structural reform alternative gradually unsayable and, in the end, unthinkable. At the same time, the discourse turned to embrace the neoliberal agenda, built on the myth of self-regulating actors and markets, manifest in the culture problematic. This managerialist turn was able to mobilise, and be operationalised by, an industry of consultants, whereas structural change came to be seen by regulators as too risky to implement. We claim that these dynamics reveal how a form of “collective strategic ignorance,” based on powerful institutional myths, was systematically oriented to ignore and reject structural sources of crisis. Finally, we suggest that the observed pattern of displacement—whereby initial calls for structural change become later displaced by managerial and procedural solutions—is common to other social issues, such as audit reform and corporate social responsibility.</p>","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"65 3","pages":""},"PeriodicalIF":6.1,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-08DOI: 10.1007/s10551-023-05554-2
Hannah Kremer, Isabel Villamor, Margaret Ormiston
{"title":"The Ripple Effect: When Leader Self-Group Distancing Responses Affect Subordinate Career Trajectories","authors":"Hannah Kremer, Isabel Villamor, Margaret Ormiston","doi":"10.1007/s10551-023-05554-2","DOIUrl":"https://doi.org/10.1007/s10551-023-05554-2","url":null,"abstract":"","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"104 12","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135346369","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-06DOI: 10.1007/s10551-023-05553-3
Dharmendra Naidu, Kumari Ranjeeni
Abstract We examine whether gender-diverse boards prioritize product market concerns over capital market incentives when proprietary costs are high. We argue that gender-diverse boards protect their firm’s competitive edge and maximize long-term shareholder wealth by ethically and carefully maintaining the confidentiality of proprietary information. Due to the reduced disclosure of proprietary information, firms with gender-diverse boards are likely to face more adverse selection when proprietary costs are high. However, the reduced disclosure of proprietary information enables firms with gender-diverse boards to enhance and maintain their competitive edge and gain higher long-term returns. Using a matched sample of the United States-listed companies, we find that firms with gender-diverse boards, relative to similar firms with all-male boards, (1) are associated with higher adverse selection costs and (2) higher long-run stock returns when the firm faces high product market competition. Collectively, our results suggest that firms with gender-diverse boards, which initially experience higher adverse selection in a competitive environment, are rewarded with a net gain of about 10 percent of their stock price in three years. Our research contributes to the literature by highlighting the importance of board gender diversity in fostering the ethical redaction of proprietary information for proprietary cost-based motives as opposed to agency cost-based motives. Our findings have important implications for regulators, firms, and shareholders by identifying gender-diverse boards as an antecedent for the ethical redaction of proprietary information.
{"title":"Shhh… Do Gender-Diverse Boards Prioritize Product Market Concerns Over Capital Market Incentives?","authors":"Dharmendra Naidu, Kumari Ranjeeni","doi":"10.1007/s10551-023-05553-3","DOIUrl":"https://doi.org/10.1007/s10551-023-05553-3","url":null,"abstract":"Abstract We examine whether gender-diverse boards prioritize product market concerns over capital market incentives when proprietary costs are high. We argue that gender-diverse boards protect their firm’s competitive edge and maximize long-term shareholder wealth by ethically and carefully maintaining the confidentiality of proprietary information. Due to the reduced disclosure of proprietary information, firms with gender-diverse boards are likely to face more adverse selection when proprietary costs are high. However, the reduced disclosure of proprietary information enables firms with gender-diverse boards to enhance and maintain their competitive edge and gain higher long-term returns. Using a matched sample of the United States-listed companies, we find that firms with gender-diverse boards, relative to similar firms with all-male boards, (1) are associated with higher adverse selection costs and (2) higher long-run stock returns when the firm faces high product market competition. Collectively, our results suggest that firms with gender-diverse boards, which initially experience higher adverse selection in a competitive environment, are rewarded with a net gain of about 10 percent of their stock price in three years. Our research contributes to the literature by highlighting the importance of board gender diversity in fostering the ethical redaction of proprietary information for proprietary cost-based motives as opposed to agency cost-based motives. Our findings have important implications for regulators, firms, and shareholders by identifying gender-diverse boards as an antecedent for the ethical redaction of proprietary information.","PeriodicalId":15279,"journal":{"name":"Journal of Business Ethics","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135634003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"哲学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}