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Substantive rationality of impression management: An analysis of corporate reports of JBS 印象管理的实质合理性:JBS公司报告分析
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramr220239.en
J. Cruz, M. D. Rodrigues, R. A. M. Araújo, Adriana R. Silva
ABSTRACT Objective: To investigate the substantive rationality inherent to the practice of impression management (IM). Originality/value: Based on the taxonomy created by Merkl-Davies and Brennan (2011), it is analyzed: 1. the discussion under the sociological perspective; and 2. the actions of substantive rationality in the management of impressions that can manifest through actions of symbolic management. This study responds to the call of Merkl-Davies et al. (2011) by putting into practice an unconventional analytical model based on the use of the corporate reports (annual and sustainability) of the company JBS with special attention to the “Carne Fraca” [Weak Meat] Operation. Design/methodology/approach: A content analysis of the accounting narratives of JBS’ corporate reports between 2015 and 2018 was carried out. Findings: Accounting narratives suggest evidence of IM and substantive rationality. The preparers of the corporate reports used substantive rationality to legitimize the company’s actions, with the most significant manifestations of this practice in the 2017 report, the year of the “Carne Fraca” operation. The implications of this research lie in demonstrating evidence that guides companies regarding the use of accounting narratives to convince society of their actions as consistent with the structure of social rules and norms. Furthermore, we emphasize that the accounting narratives must be analyzed with caution since they can be elaborated under the influence of the manager’s opportunistic behavior.
【摘要】目的:探讨印象管理(IM)实践的实质合理性。原创性/价值:基于Merkl-Davies和Brennan(2011)创建的分类法进行分析:1。社会学视角下的探讨;和2。印象管理行为的实质理性可以通过象征性管理行为表现出来。本研究响应了Merkl-Davies等人(2011)的呼吁,采用了一种非传统的分析模型,该模型基于JBS公司的公司报告(年度报告和可持续性报告),并特别关注“Carne Fraca”[弱肉]运营。设计/方法/方法:对2015年至2018年JBS公司报告的会计叙述进行了内容分析。发现:会计叙述提出了IM和实质性合理性的证据。公司报告的编制者利用实质合理性使公司的行为合法化,这种做法在2017年的报告中表现最为明显,即“Carne Fraca”运营之年。这项研究的意义在于展示证据,指导公司使用会计叙述来说服社会他们的行为符合社会规则和规范的结构。此外,我们强调必须谨慎分析会计叙述,因为它们可以在经理机会主义行为的影响下进行阐述。
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引用次数: 0
Impact of internationalization on the working capital requirement of Brazilian companies 国际化对巴西公司营运资金需求的影响
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramf220017.en
Arthur A. S. Rosa, C. Forti, Vitor M. Dias
ABSTRACT Purpose: This study aims to analyze the effects of crisis periods on the relationship between internationalization and the working capital requirement (WCR), from 2010 to 2018, using publicly-traded Brazilian firms as a sample. Originality/value: This paper contributes to the literature by addressing a topic that is still little explored regarding the relationship between WCR and internationalization, as well as analyzing the influence of the economic crisis on this relationship, using, for that, three internationalization proxies for the robustness of the results. Design/methodology/approach: To achieve this goal, a regression by the generalized method of moments (GMM) with panel data was used. For this, three databases were used for data collection: Economatica, Securities and Exchange Commission (Comissão de Valores Mobiliários – CVM), and J. P. Morgan. Findings: More internationalized Brazilian firms tend to have a higher WCR and use stock as a way to protect themselves against possible unforeseen events arising from import processes. In addition, internationalization is shown as a way for firms to maintain their level of activity during national crisis periods.
摘要目的:本研究以2010 - 2018年巴西上市公司为样本,分析危机时期对国际化与营运资金需求(WCR)关系的影响。原创性/价值:本文通过解决关于WCR与国际化之间关系的一个仍然很少被探索的主题,以及分析经济危机对这种关系的影响,为结果的稳健性使用了三个国际化代理,从而为文献做出了贡献。设计/方法/方法:为了实现这一目标,使用了面板数据的广义矩量法(GMM)回归。为此,使用了三个数据库进行数据收集:Economatica,证券交易委员会(comiss o de Valores Mobiliários - CVM)和j.p. Morgan。研究结果:国际化程度越高的巴西公司往往具有更高的WCR,并使用库存作为保护自己免受进口过程中可能出现的不可预见事件的一种方式。此外,国际化是企业在国家危机时期保持其活动水平的一种方式。
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引用次数: 1
REFLECTIONS OF CORPORATE GOVERNANCE ON PAY-PERFORMANCE SENSITIVITY: A NEW PERSPECTIVE 公司治理对薪酬绩效敏感性的反思:一个新视角
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramf220088
Thayla M. G. Iglesias, Taís D. Silva, Duterval Jesuka, F. M. Peixoto
ABSTRACT Purpose: This research investigates whether the characteristics of corporate governance (executive compensation, board composition, ownership structure, and control) influence the sensitivity of remuneration to firms’ performance, the so-called pay-performance sensitivity. Originality/value: This study brings to the literature a new perspective on the interaction of corporate governance mechanisms aligned with the concept of pay-performance sensitivity. The study shows that governance instruments are not isolated but rather interrelated and interdependent. Design/methodology/approach: The study sample was composed of Brazil 100 Index (IBRX 100) companies listed on B3 from 2014 to 2018. Data were extracted from the Economatica® database, and the reference forms were accessed on the Securities and Exchange Commission of Brazil’s (CVM) website. We use panel data regression models with fixed and random-effects models. Findings: The board composition (represented by the CEO/Chairman duality) increases the pay-performance sensitivity, while the ownership concentration reduces it. In addition, a greater presence of independent members on the board reduces the variation in executive compensation.
摘要目的:本研究探讨公司治理特征(高管薪酬、董事会组成、股权结构和控制权)是否会影响薪酬对公司绩效的敏感性,即所谓的薪酬-绩效敏感性。原创性/价值:本研究为研究公司治理机制与薪酬绩效敏感性的相互作用提供了新的视角。研究表明,治理手段不是孤立的,而是相互关联和相互依存的。设计/方法/方法:研究样本由2014年至2018年巴西100指数(IBRX 100) B3级上市公司组成。数据从Economatica®数据库中提取,参考表格可在巴西证券交易委员会(CVM)网站上访问。我们使用面板数据回归模型与固定和随机效应模型。研究发现:董事会结构(以CEO/董事长二元结构为代表)增加了薪酬绩效敏感性,而股权集中度降低了薪酬绩效敏感性。此外,董事会中独立成员的增加减少了高管薪酬的差异。
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引用次数: 1
Propriedade intelectual e desempenho da indústria do Brasil 巴西的知识产权和产业绩效
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramf220131.pt
Marina B. Silva, J. Santana
Resumo Objetivo: Analisar a influência das estratégias de registro de marcas e de depósito de patentes sobre o desempenho econômico-financeiro de empresas de capital aberto da indústria de transformação brasileira entre os anos 1995 e 2014. Originalidade/valor: A abordagem oferece reflexões importantes para tomada de decisões pela gestão de firmas e por seus investidores. Análises do desempenho econômico-financeiro de empresas da indústria de transformação brasileira, a partir da estratégia da proteção de sua propriedade intelectual, especialmente considerando o intervalo temporal analisado, não foram identificadas na literatura recente. Design/metodologia/abordagem: Foram estudadas empresas da indústria de transformação com listagem na Bolsa brasileira. Consideraram-se os anos entre 1995 e 2014, numa amostra composta por 49 companhias e 746 observações. As estimativas foram feitas por meio de modelos de regressão em painel. As variáveis dependentes são o valor de mercado e o ROA. As variáveis independentes (controladas) são registros de marcas e depósitos de patentes (propriedade intelectual). Resultados: Evidenciou-se uma relação positiva e estatisticamente significativa entre os registros de marcas e depósitos de patentes e o valor de mercado das firmas. Como são ativos que refletem a imagem da empresa no mercado, a proteção das marcas parece refletir bem sobre a percepção dos acionistas da empresa, o que repercute no valor de mercado. No caso das patentes, o efeito positivo sobre o desempenho de mercado está relacionado à expectativa positiva do investidor sobre a aplicação da firma em tecnologia, inovação e propriedade intelectual. Não foram identificados efeitos positivos da propriedade intelectual sobre o ROA.
摘要目的:分析1995 - 2014年巴西制造业上市公司商标注册和专利申请策略对经济财务绩效的影响。原创性/价值:该方法为公司管理层及其投资者的决策提供了重要的思考。从知识产权保护战略的角度分析巴西制造业企业的经济和财务绩效,特别是考虑到所分析的时间间隔,在最近的文献中没有确定。设计/方法/方法:研究在巴西证券交易所上市的制造业公司。研究对象为1995年至2014年,样本包括49家公司和746个观察结果。采用面板回归模型进行估计。因变量是市场价值和ROA。自变量(受控)为商标注册和专利申请(知识产权)。结果:商标注册和专利申请与企业市场价值呈正相关且有统计学意义。由于商标是反映公司在市场上形象的资产,商标保护似乎很好地反映了公司股东的看法,从而影响了市场价值。就专利而言,对市场表现的积极影响与投资者对企业在技术、创新和知识产权方面应用的积极预期有关。没有发现知识产权对ROA的积极影响。
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引用次数: 0
Covid-19 e os impactos nas políticas de financiamento e investimento Covid-19及其对融资和投资政策的影响
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramf220225.pt
Jonathas Q. Amorim, G. A. W. Sales, M. C. P. Grecco
Resumo Objetivo: Analisar como a Covid-19 tem impactado as políticas de financiamento, estrutura de capital e investimento das empresas brasileiras à luz das finanças comportamentais. Originalidade/valor: O estudo se debruçou sobre a literatura das finanças comportamentais, Teoria dos Prospectos, Teoria do Big Five e Teoria do Pecking Order, com o intuito de fundamentar e explicar as consequências das emoções implícitas nas decisões corporativas e os impactos nas organizações no momento de crise da Covid-19. Design/metodologia/abordagem: Foi utilizado um questionário com 26 perguntas distribuídas em três blocos: 1. decisões de investimentos, financiamentos e estrutura de capital tomadas no primeiro semestre de 2020; 2. dimensões de personalidade dos respondentes; 3. perfis sociodemográficos dos respondentes. Obtiveram-se 120 respostas, e aplicou-se o modelo econométrico mínimos quadrados ordinários para identificar a influência dos vieses nas decisões corporativas. Resultados: Os resultados encontrados evidenciaram que as decisões dos administradores têm sido influenciadas pelas heurísticas e pelos vieses, principalmente nas decisões de iniciação de novos projetos e captação de financiamento, pois identificou-se que o viés do excesso de confiança tem prevalecido nas decisões de investimento e financiamento. O estudo também demonstrou que as quedas nas vendas e as perdas na lucratividade das empresas brasileiras decorrentes da Covid-19 proporcionaram um comportamento arrojado nos administradores, já que eles buscaram reverter os impactos da pandemia.
摘要目的:从行为金融学的角度分析Covid-19如何影响巴西公司的融资政策、资本结构和投资。创意/价值:行为金融学的研究讨论文学,多少理论,理论的五大理论Pecking秩序,为了分析和解释企业隐性情感决策所带来的后果和影响组织在危机时刻Covid -19。设计/方法/方法:采用问卷调查,共26个问题,分为3个部分:1。2020年上半年的投资、融资和资本结构决策;2. 受访者的人格维度;3. 受访者的社会人口学概况。我们得到了120个答案,并应用普通最小二乘计量经济学模型来确定偏差对公司决策的影响。结果:结果发现显示的管理员有决定影响的启发式和偏见,主要是招生开始了新的项目和融资决策,因为确定了傲慢的偏见已在投资决策和融资决策。该研究还表明,由于Covid-19,巴西公司的销售下降和盈利能力损失为管理者提供了大胆的行为,因为他们寻求扭转大流行的影响。
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引用次数: 1
Relationship between emotional intelligence, congruence, and intrinsic job satisfaction 情商、一致性和内在工作满意度的关系
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramg220152.en
Jonatan S. Batista, S. Gondim, Mauro O. Magalhães
Abstract Purpose: The purpose of the study was to explore the association between emotional intelligence, person-environment congruence and intrinsic job satisfaction in two professional groups, the first focusing on interpersonal relationships and the second, on data, things, and ideas. Originality/value: The study presents the association between congruence, emotional intelligence and intrinsic satisfaction at work and tests the model in which congruence moderates the association between emotional intelligence and intrinsic satisfaction in two professional groups. Design/methodology/approach: Survey-type study in which 486 workers participated in two groups of professionals using the realistic, investigative, artistic, social, enterprising and conventional (RIASEC) model. Participants responded to questionnaires of professional interest and occupational environments necessary to measure congruence, and, then, emotional intelligence and intrinsic satisfaction. Findings: Positive associations were identified between emotional intelligence, person-environment congruence, and intrinsic job satisfaction, with higher associations in the group with high interpersonal demands, highlighting the relevance of emotional skills in this professional segment. However, it was found that the congruence does not moderate the association between emotional intelligence and intrinsic satisfaction in either group, emphasizing that the person-environment fit and emotional skills can contribute independently to explain worker satisfaction with the activities developed in the organization.
摘要目的:本研究旨在探讨以人际关系和数据、事物、观念为重点的两个专业群体的情绪智力、人-环境一致性和内在工作满意度之间的关系。独创性/价值:本研究提出了一致性、情绪智力和工作内在满意度之间的关系,并在两个专业群体中检验了一致性调节情绪智力和工作内在满意度之间关系的模型。设计/方法/方法:调查型研究,486名工人参加了两组专业人员,使用现实,调查,艺术,社会,企业和传统(RIASEC)模型。参与者回答了测量一致性所需的职业兴趣和职业环境问卷,然后是情商和内在满意度问卷。研究发现:情绪智力、人-环境一致性和内在工作满意度之间存在正相关,人际关系要求高的群体与内在工作满意度之间存在更高的正相关,突出了情绪技能在这一专业领域的相关性。然而,我们发现一致性并没有调节情绪智力和内在满意度之间的关系,强调人与环境的契合度和情绪技能可以独立地解释员工对组织中开展的活动的满意度。
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引用次数: 1
Hybrid multicriteria and economic engineering model to support decision in fleet management 支持车队管理决策的混合多准则经济工程模型
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramr220138.en
Régis F. Dantas
Abstract Purpose: To provide the decision-making agency with a hybrid composite model for a qualified decision and maximize the quality of public management when challenged by the tradeoff between own and leased fleet. Originality/value: The proposed methodology innovates by integrating a framework based on a set of quantitative and qualitative criteria, increasing accuracy of the decision-making process regarding the management of the Ceára Public Safety Secretary’s fleet. With a multicriteria model, one can understand and identify the fundamental criteria in terms of management to select alternatives and avoid making these decisions based only on experience or feeling. Design/methodology/approach: To support the decision-making process regarding the choice or combination between own and leased fleet, optimal solutions are built using a hybrid model that combines techniques from the multi-attribute utility theory (Maut) models of economic engineering with the help of the total cost of ownership (TCO). The alternatives are weighted (considered) qualitatively and quantitatively through the proposed model. Findings: The results confirm the compatibility between the methods used, providing the agency with a methodological tool that qualifies the decision based on a model that reveals the decision-makers’ preferences in terms of relevant attributes to good management, while respecting budgetary constraints.
摘要目的:为决策机构在自有车队与租赁车队之间权衡的情况下,提供一种混合复合模型,使决策机构能够做出合格的决策,并使公共管理质量最大化。原创性/价值:提议的方法通过整合基于一套定量和定性标准的框架进行创新,提高了Ceára公共安全部长车队管理决策过程的准确性。有了多标准模型,人们可以理解和识别管理方面的基本标准,以选择备选方案,并避免仅根据经验或感觉做出这些决定。设计/方法/方法:为了支持在自有车队和租赁车队之间选择或组合的决策过程,使用混合模型构建最佳解决方案,该模型结合了经济工程的多属性效用理论(Maut)模型和总拥有成本(TCO)的帮助。通过提出的模型对备选方案进行定性和定量加权(考虑)。研究结果:结果证实了所使用的方法之间的兼容性,为机构提供了一种方法工具,该工具基于一个模型来确定决策的资格,该模型揭示了决策者在良好管理的相关属性方面的偏好,同时尊重预算限制。
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引用次数: 0
Academic women: A study on the queen bee phenomenon 学术女性:蜂王现象的研究
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramg220211.en
M. B. Gomes Neto, R. Grangeiro, Catherine Esnard
Abstract Purpose: In masculine and extremely competitive organizational contexts, women who succeed in their careers exhibit behaviors that hinder, rather than help, other women to develop professionally. This phenomenon is called queen bee. In this article, we aim to identify whether the queen bee phenomenon is present in higher education institutions (HEI) in Brazil. Originality/value: Although the queen bee phenomenon as a gender inequality metaphor is not a recent topic in scientific literature, its analysis in Brazilian HEI reveals the original character of the study. Design/methodology/approach: The quantitative study has a sample of 495 women who work in HEI. The MANOVAs test was used to verify the hypotheses. Findings: The results show that the knowledge domain impacts more on the queen bee phenomenon than the variables of the organizational context. In addition, women in leadership positions are more engaged at work, have more masculine traits, identify themselves with women at the top of the hierarchy, deny gender discrimination and tend to be more adept at meritocratic discourse than women who are not in leadership positions, confirming that women who hold leadership positions in Brazilian HEI present queen bee traits.
目的:在男性化和极度竞争的组织环境中,在事业上取得成功的女性表现出阻碍而不是帮助其他女性职业发展的行为。这种现象被称为蜂王。在这篇文章中,我们的目的是确定是否蜂王现象存在于高等教育机构(HEI)在巴西。原创性/价值:虽然蜂王现象作为一种性别不平等的隐喻在科学文献中不是一个最近的话题,但对巴西高等教育的分析揭示了该研究的原创性。设计/方法/方法:定量研究的样本是在高等教育机构工作的495名妇女。使用方差分析检验来验证假设。研究发现:知识领域对蜂王现象的影响大于组织情境的影响。此外,处于领导地位的女性在工作中更投入,有更多的男性特征,认同自己是处于高层的女性,否认性别歧视,而且往往比非领导职位的女性更擅长精英话语,证实了巴西HEI中担任领导职位的女性呈现出蜂王特征。
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引用次数: 1
The behavior of young people at the beginning of their career through LinkedIn 年轻人在职业生涯初期的行为
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramg220064.en
V. I. Pardim, L. Pinochet, C. Souza, A. Viana
Abstract Purpose: The primary purpose of this article is to understand the behavior of young people at the beginning of their careers, in the context of Covid-19, considering the intention to continue using the services of the professional social network LinkedIn. Originality/value: This article expands the scope of studying a user group from acceptance in the continuance intention (continuous use) of LinkedIn, analyzing a series of positive and negative factors regarding the processes. Design/methodology/approach: We carried out a descriptive quantitative approach. The authors collected data from a survey (n = 386). To test the hypotheses, the researchers applied the technique of structural equation modeling (SEM), with estimation and partial least squares, and a moderating effect with the technological optimism construct for the predictive variables of the intention to continue using. Findings: The results indicated that all direct and indirect relationships were accepted, except a moderation (H7d) which was rejected, considering that users less optimistic about the technology may feel positively overwhelmed regarding the service’s perceived usefulness. LinkedIn’s variety of services can lead users to continue using the platform. The platform’s objective is to facilitate collective self-presentation, keeping profes sional relationships active. The results also indicated that the sample respondents are more likely to be actively and semi-passively involved on LinkedIn.
摘要目的:本文的主要目的是了解在Covid-19的背景下,年轻人在职业生涯开始时的行为,考虑到他们打算继续使用职业社交网络LinkedIn的服务。原创性/价值:本文将用户群体在LinkedIn的持续意向(持续使用)中的接受度扩展到研究范围,分析了这一过程中的一系列积极因素和消极因素。设计/方法/方法:我们采用了描述性定量方法。作者从一项调查中收集数据(n = 386)。为了验证这些假设,研究人员采用结构方程模型(SEM)技术,结合估计和偏最小二乘,并使用技术乐观结构对继续使用意愿的预测变量进行调节作用。结果表明,所有直接和间接的关系都被接受,除了适度(H7d)被拒绝,考虑到对技术不太乐观的用户可能会对服务的感知有用性感到积极的不知所措。LinkedIn的各种服务可以吸引用户继续使用该平台。该平台的目标是促进集体自我展示,保持专业关系的活跃。结果还表明,样本受访者更有可能主动或半被动地参与领英。
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引用次数: 0
Relação entre inteligência emocional, congruência e satisfação intrínseca no trabalho 情商、一致性与内在工作满意度的关系
Q3 Social Sciences Pub Date : 2022-01-01 DOI: 10.1590/1678-6971/eramg220152.pt
Jonatan S. Batista, S. Gondim, M. O. Magalhães
Resumo Objetivo: O propósito do estudo foi explorar a associação entre inteligência emocional, congruência pessoa-ambiente e satisfação intrínseca no trabalho em dois grupos profissionais: o primeiro com foco nas relações interpessoais e o segundo voltado para o manuseio de coisas, dados e ideias. Originalidade/valor: O estudo apresenta a associação entre congruência, inteligência emocional e satisfação intrínseca no trabalho e testa o modelo em que a congruência modera a associação entre inteligência emocional e satisfação intrínseca em dois grupos profissionais. Design/metodologia/abordagem: Trata-se de estudo do tipo survey em que participaram 486 trabalhadores distribuídos em dois grupos de profissionais utilizando o modelo RIASEC. Os participantes responderam às medidas de interesse profissional e de ambientes ocupacionais necessárias para a mensuração da congruência, e em seguida às medidas de inteligência emocional e de satisfação intrínseca. Resultados: Foram identificadas associações positivas entre inteligência emocional, congruência pessoa-ambiente e satisfação intrínseca no trabalho, com associações mais altas no grupo com elevadas demandas interpessoais, destacando a relevância das habilidades emocionais nesse segmento profissional. Contudo, identificou-se que a congruência não modera a associação entre inteligência emocional e satisfação intrínseca em nenhum dos dois grupos, salientando que o ajuste pessoa-ambiente e as habilidades emocionais podem contribuir de maneira independente para explicar a satisfação do trabalhador com as atividades desenvolvidas na organização.
摘要目的:本研究的目的是探讨两组专业人员的情商、人-环境一致性和内在工作满意度之间的关系:第一组专注于人际关系,第二组专注于处理事物、数据和想法。原创性/价值:本研究提出了一致性、情商和内在工作满意度之间的关系,并检验了一致性调节两个职业群体的情商和内在满意度之间关系的模型。设计/方法/方法:这是一项调查研究,486名工人参与,使用RIASEC模型分为两组专业人员。参与者回答了测量一致性所需的专业兴趣和职业环境的测量,然后是情绪智力和内在满意度的测量。结果:情绪智力、人-环境一致性和工作内在满意度之间存在正相关关系,人际需求高的群体中相关性较高,突出了情绪技能在这一专业领域的相关性。然而,在两组中,一致性并没有缓和情商和内在满意度之间的联系,强调人-环境调整和情绪技能可以独立地有助于解释员工对组织中活动的满意度。
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引用次数: 0
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Revista de Administracao Mackenzie
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