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Methods of social network transfer in Thai family business succession 泰国家族企业继承中的社会网络转移方法
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-22 DOI: 10.1016/j.apmrv.2023.03.002
Nuntana Udomkit, Claus Schreier, Puttipong Kittidusadee

Trusted social networks are the one of invaluable assets of family businesses, which take time to build and to maintain. Therefore, in situations of family business succession, the process of network transfer cannot be ignored, but instead must be well planned in order to ensure the continuity of the existing social networks.

Drawing upon Steier's (2001) natural immersion and planned succession on social network transfer in family business succession, thirty in-depth interviews were conducted with family business predecessors in Thailand; to see how they prepare and handle the transfer of their social networks to their successors-to-be.

A two-step process of social network transfer was found to be a common practice amongst them. Step one “network transfer preparation” is the stage where the predecessors prepare their potential successors to be ready, and also to be competent to run the family business; by engaging them in the family business at the early stages and at an early age, encouraging them to gain work experience from external organizations, as well as getting them to study in the field that is most relevant to their family businesses. Step two is “network transfer execution”, in which successors-to-be are introduced to business partners, and jobs are delegated to them gradually. The predecessors expect their successors to maintain the same level of trust and collaboration, and uphold the business reputation that has been built up through one generation to the next. Whether or not such ties will be able to be maintained or strengthened depends on how well their successors invest their time and energy in developing trust levels and maintaining the cohesion of their existing social networks, as well as building up those networks further.

值得信赖的社交网络是家族企业的宝贵资产之一,它需要时间来建立和维护。因此,在家族企业传承的情况下,不能忽视网络传递的过程,而必须做好规划,以保证现有社会网络的连续性。借鉴Steier(2001)对家族企业传承中社会网络转移的自然沉浸和计划继承研究,对泰国家族企业前辈进行了30次深度访谈;看看他们如何准备和处理他们的社会网络转移到他们的继任者。社会网络迁移的两步过程被发现是他们之间的一种常见做法。第一步“网络转移准备”是前任让潜在的继任者做好准备,并有能力经营家族企业的阶段;通过让他们在早期阶段和早期参与家族企业,鼓励他们从外部组织获得工作经验,以及让他们在与家族企业最相关的领域学习。第二步是“网络转移执行”,将未来的继任者介绍给业务伙伴,并逐步将工作委派给他们。前任期望他们的继任者保持同样的信任和合作水平,并维护通过一代到下一代建立起来的商业声誉。这种关系是否能够维持或加强,取决于他们的继任者如何投入时间和精力来发展信任水平,保持现有社会网络的凝聚力,以及进一步建立这些网络。
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引用次数: 0
The impact of employee-perceived CSR on organizational citizenship behavior ——evidence from China 员工感知社会责任对组织公民行为的影响——来自中国的证据
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-06 DOI: 10.1016/j.apmrv.2023.02.003
YingXia Li , Chih-Hung Chen

This study aims to understand the mechanism between CSR and employees’ attitudes and behaviors and help enterprises make better organizational interventions that exert CSR to have a positive impact on employees based on social exchange and social identity theory. It innovatively proposes a new comprehensive model to examine the positive impacts of perceived CSR altruism, perceived CSR execution and perceived CSR participation on organizational citizenship behavior, the mediating role of organizational identification, as well as the moderating role of perceived organizational support. Using the survey data from 409 questionnaires conducted in two provinces with different levels of economic development in China, the conceptual model is tested by hierarchical regression analysis and SEM. Empirical results indicate that perceived CSR altruism, perceived CSR execution and perceived CSR participation all have positive impact on organizational citizenship behavior through the partial mediation of organizational identification. In addition, perceived organizational support moderates the positive impact between organizational identification and organizational citizenship behavior. This study proposes a more comprehensive perspective on individuals’ perception and assessment of CSR and expands the dimensions of employee-perceived CSR. It also offers a new conceptual model to reveal the underlying mechanism between CSR and organizational citizenship behavior, which enriches the CSR research at micro-level and promotes the enthusiasm and practice effectiveness of CSR implementation.

本研究旨在基于社会交换和社会认同理论,了解企业社会责任与员工态度和行为之间的关系机制,帮助企业更好地进行组织干预,使企业社会责任对员工产生积极影响。创新地提出了一个新的综合模型,考察了感知企业社会责任利他主义、感知企业社会责任执行和感知企业社会责任参与对组织公民行为的正向影响、组织认同的中介作用以及感知组织支持的调节作用。利用在中国两个不同经济发展水平省份进行的409份问卷调查数据,通过层次回归分析和SEM对概念模型进行检验。实证结果表明,感知企业社会责任利他主义、感知企业社会责任执行和感知企业社会责任参与均通过组织认同的部分中介作用对组织公民行为产生正向影响。此外,组织支持感对组织认同与组织公民行为之间的正向影响具有调节作用。本研究对企业社会责任的个体感知和评估提出了更全面的视角,并拓展了员工感知企业社会责任的维度。为揭示企业社会责任与组织公民行为之间的内在机制提供了一个新的概念模型,丰富了微观层面的企业社会责任研究,提高了企业社会责任实施的积极性和实践有效性。
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引用次数: 1
The impact of COVID-19 on the productivity of large companies in Taiwan 新冠肺炎疫情对台湾大企业生产力的影响
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-02 DOI: 10.1016/j.apmrv.2023.02.004
Chiang Kao , Yuan-Ying Wang , Tsai-Chi Ho , Yu-Shian Chen , Ping-Chieh Chen

The outbreak of COVID-19 at the end of 2019 spreads over the world extensively and rapidly. The daily lives are affected by lockdowns, work-from-home, and travel bans. The economic growth is stagnated. Many industries are severely affected by this pandemic. There are, however, also industries that are unexpectedly benefited from the pandemic. The objective of this paper is to investigate the industries in Taiwan that are affected by the pandemic. Samples of the top 1,000 manufacturing and the top 500 service companies in Taiwan are collected to calculate their productivities before the pandemic, in the period of 2016–2019, and during the pandemic, in the year of 2020. The results show that three industries: automobile, tourism, and electronic products distribution, have their productivities significantly decreased by 3.98%, 4.92%, and 1.27%, respectively. There are also four industries: electronic components, optoelectronic, electrical and cable, and oil, gas and electricity, whose productivities are unexpectedly increased significantly by 1.37%, 1.98%, 3.32%, and 4.31%, respectively. The impact of COVID-19 to large companies in Taiwan seems to be not severe. In 2021, approximately five sixths of the industries have their productivities increased. There are only five industries whose productivities become lower; however, the decreases are not significant, indicating that the economy in Taiwan is recovering from the pandemic.

2019年底爆发的新冠肺炎疫情在全球范围内迅速蔓延。日常生活受到封锁、在家工作和旅行禁令的影响。经济增长停滞不前。许多行业都受到这场疫情的严重影响。然而,也有一些行业意外地从疫情中受益。本文的目的是调查台湾受疫情影响的产业。收集台湾前1000家制造业和前500家服务业公司的样本,以计算疫情前、2016-2019年期间和疫情期间2020年的生产率。结果表明,汽车、旅游和电子产品分销三个行业的生产率分别显著下降3.98%、4.92%和1.27%。还有四个行业:电子元件、光电子、电气和电缆以及石油、天然气和电力,它们的生产率出乎意料地分别大幅增长了1.37%、1.98%、3.32%和4.31%。新冠肺炎对台湾大公司的影响似乎并不严重。2021年,大约六分之五的行业生产率有所提高。只有五个行业的生产率降低;然而,下降幅度并不显著,这表明台湾经济正在从疫情中复苏。
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引用次数: 0
Earnings management determinants: Comparison between Islamic and Conventional Banks across the ASEAN region 盈余管理的决定因素:东盟地区伊斯兰银行与传统银行的比较
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.01.005
Suripto

This study aims to analyze company characteristics as a determinant of conventional and Islamic bank earnings management in several ASEAN countries (Association of Southeast Asian Nations). The Multiple Discriminant Analysis was used to determine the differences between Islamic and Conventional Banks. This test was conducted based on Capital Adequacy Ratio, Income Before Tax and Interest, Non-Performing and Changing Loans, Company's Size, CPI, and Kurs in banks located in Indonesia, Malaysia, and Brunei Darussalam from 2014 to 2020. The data obtained from 40 banking entities were analyzed discriminatively. The results showed simultaneous differences between Capital Adequacy Ratio, Income Before Tax and Interest, Non-Performing and Changing Loans, Company's Size, CPI, and Kurs as determinants of earnings management between Islamic and conventional banks. It also showed that the Company's Size was the dominant variable determining the management differences. Based on Discriminant Analysis, there were significant differences in conventional and Islamic earnings management determinants. The Changing Loan variable showed the highest contribution in determining earnings management in Islamic banks. Overall, this study found that conventional banks dominated the Islamic system in practicing earnings management.

本研究旨在分析公司特征作为几个东盟国家(东南亚国家联盟)传统和伊斯兰银行盈余管理的决定因素。多元判别分析用于确定伊斯兰银行和传统银行之间的差异。本测试基于2014年至2020年印度尼西亚、马来西亚和文莱达鲁萨兰国银行的资本充足率、税前利息收入、不良和变动贷款、公司规模、CPI和Kurs进行。从40家银行实体获得的数据进行了判别分析。结果显示,资本充足率、税前和利息收入、不良和变动贷款、公司规模、CPI和Kurs作为伊斯兰银行和传统银行盈余管理的决定因素同时存在差异。研究还表明,公司规模是决定管理差异的主要变量。基于判别分析,传统盈余管理决定因素与伊斯兰盈余管理决定因素存在显著差异。贷款变化变量在决定伊斯兰银行盈余管理方面的贡献最大。总体而言,本研究发现传统银行在实施盈余管理方面占主导地位。
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引用次数: 3
Predicting employee performance through transactional leadership and entrepreneur's passion among the employees of Pakistan 通过交易领导力和企业家在巴基斯坦员工中的热情预测员工绩效
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.03.001
Nadia A.Abdelmegeed Abdelwahed , Bahadur Ali Soomro , Naimatullah Shah

The present study proposes to investigate the impact of transactional leadership style (TLS) and entrepreneur's passion (ETP) for employee performance (EP) and mediating role of passion between TLS and EP in Pakistan. The study is a quantitative approach and based on cross-sectional data. In total, 356 cases are applied for the final analysis. The results demonstrated a positive and significant effect of TLS and ETP on EP. Thus, the ETP recognized as a mediator between the TLS and the EP. The study's findings would offer significant contributions and implications for executives, entrepreneurs, and managers. The leadership style perception of the employees has a considerable contribution to generating a higher level of job performance. Hence, the study would provide the smoothness in enhancing EP with leadership behaviours' development. However, the mediation investigation of ETP between TLS and EP among the employees of Pakistan would give further guidelines for the policymakers of developing nation to observe the role of ETP.

本研究旨在调查巴基斯坦交易型领导风格(TLS)和企业家激情(ETP)对员工绩效(EP)的影响,以及激情在TLS和EP之间的中介作用。这项研究是一种基于横断面数据的定量方法。总共有356个案例被应用于最终分析。结果表明TLS和ETP对EP有积极而显著的影响。因此,ETP被认为是TLS和EP之间的媒介。这项研究的发现将为高管、企业家和管理者提供重大贡献和启示。员工的领导风格认知对提高工作绩效有很大贡献。因此,该研究将为领导行为的发展提供增强EP的顺利性。然而,TLS和EP在巴基斯坦员工中的ETP调解调查将为发展中国家的政策制定者观察ETP的作用提供进一步的指导。
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引用次数: 0
A study investigating user adoptive behavior and the continuance intention to use mobile health applications during the COVID-19 pandemic era: Evidence from the telemedicine applications utilized in Indonesia 一项调查新冠肺炎大流行时期用户收养行为和继续使用移动医疗应用程序的意图的研究:来自印度尼西亚使用的远程医疗应用的证据
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.02.002
Hsiao-Han Lu , Wen-Shan Lin , Christopher Raphael , Miin-Jye Wen

During the COVID-19 pandemic era that began in 2020, there has been a growing trend in the literature to tackle the problem of health stress (HS) for promoting a sense of public health. In turn, this developing area of research has a high level of relevancy linked to business and economic recovery (Čvirik, 2020). Since HS has increased sharply during the COVID-19 pandemic era, there has been a need to further investigate the balance between coping with HS and the positive continuous intention to use mobile health applications (mHealth apps) among the public. This is the first study that takes the Asia-Pacific region as its case study and empirically investigates the validity of extensions based on the theories of expectation confirmation theory (ECT) (Bhattacherjee, 2001) on user continuous behavior relating to mHealth apps during the COVID-19 pandemic. Results reveal that HS as an emotion can positively affect perceived usefulness and satisfaction in relation to the continuous intention to use mHealth apps. The differences between new and frequent users are confirmed. Discussion and implications for practices are provided in the end.

在2020年开始的新冠肺炎大流行时期,为了提高公共卫生意识,解决健康压力(HS)问题的文献越来越多。反过来,这一发展中的研究领域与商业和经济复苏有着高度的相关性(Čvirik, 2020)。由于在COVID-19大流行时期HS急剧增加,因此有必要进一步调查公众应对HS与积极持续使用移动健康应用程序(移动健康应用程序)之间的平衡。这是第一个以亚太地区为案例研究的研究,并基于期望确认理论(ECT) (Bhattacherjee, 2001)对COVID-19大流行期间与移动健康应用程序相关的用户持续行为的理论进行实证调查。结果表明,HS作为一种情绪可以积极影响与持续使用移动健康应用程序的意向相关的感知有用性和满意度。确认新用户和老用户之间的差异。最后给出了对实践的讨论和启示。
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引用次数: 11
Enablers of workforce agility, firm performance, and corporate reputation 员工敏捷性、公司绩效和公司声誉的推动者
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.01.006
Kalyan Prasad Das , Susmita Mukhopadhyay , Damodar Suar

This study investigates whether workforce agility via financial and non-financial performance influences corporate reputation and whether transformational leadership of top management and talent management via workforce agility impact financial and non-financial performance of IT firms. Data were collected from 225 IT firms and a middle-level executive from each firm responded to the questionnaire. Standard inventories were used to measure the constructs and only an inventory was developed to assess talent management. Data on financial performance, stock-listing status, firm size, and location of the firm were taken from secondary sources. When the effect of stock-listing status was controlled, firm performance improved corporate reputation. High (low) workforce agility via increased (decreased) firm performance was associated with high (low) corporate reputation. Furthermore, transformational leadership of top management and talent management via workforce agility were positively related to firm performance. The indirect effects suggested full mediation except the impact of workforce agility via financial performance on corporate reputation. Conclusively, transformational leadership of the top management and talent management of the firm develop the workforce agility, and the workforce agility furthers the firm performance that begets corporate reputation.

本研究考察了人力敏捷性是否通过财务和非财务绩效影响企业声誉,以及高层管理变革型领导和人才管理是否通过人力敏捷性影响IT公司的财务和非财务绩效。数据是从225家IT公司收集的,每家公司都有一名中层管理人员回答了问卷。标准的清单被用来衡量结构,只有一个清单被开发来评估人才管理。财务业绩、股票上市状况、公司规模和公司所在地的数据均取自二手资料。当上市地位的影响受到控制时,企业绩效提高了企业声誉。通过提高(降低)公司绩效而获得的高(低)劳动力敏捷性与高(低)公司声誉相关。此外,高层管理变革型领导和员工敏捷性人才管理与企业绩效正相关。间接效应表明,除了员工敏捷性通过财务绩效对企业声誉的影响外,还存在充分的中介作用。最后,企业高层管理者的变革型领导和人才管理发展了劳动力敏捷性,劳动力敏捷性进一步促进了企业绩效,从而产生了企业声誉。
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引用次数: 10
Empirical analysis of the corporate social responsibility and financial performance causal nexus: Evidence from the banking sector of Bangladesh 企业社会责任与财务绩效因果关系的实证分析:来自孟加拉国银行业的证据
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.01.003
M. Adnan Kabir , Sultana Sabina Chowdhury

In a culture like Bangladesh where social trust is low and corporate philanthropy is rare, corporate social responsibility (CSR) engagements of the banking sector have been in a conspicuously upward trend. It begs the question of whether the galvanization of CSR expenditure is validated by financial motivations or a genuine thirst for corporate philanthropy. The literature on the relationship between CSR and corporate financial performance (CFP) is without any overarching consensus. From an emotional viewpoint, we revere corporate philanthropy without necessarily analyzing its financial merits. This study extends the contemporary CSR literature horizon by examining 30 listed banks in Bangladesh from the years 2006 through 2018, with particular emphasis on methodology that attempts to validate the CSR-CFP relationship. In addition to examining the bidirectional causality between CSR and financial returns using Panel Vector Autoregression, the study examines the factor determinants of CSR. The study finds that better CFP leads to more CSR expenditure, but CSR expenditure does not necessarily influence CFP. Moreover, net income, total deposits, return on asset, and previous year's CSR have a significant positive relationship with CSR whereas firm age has a significant negative relationship.

在孟加拉国这样一个社会信任度低、企业慈善很少的文化中,银行业的企业社会责任(CSR)参与一直呈显著上升趋势。这就引出了一个问题:企业社会责任支出的激励是出于经济动机,还是出于对企业慈善事业的真正渴望。关于企业社会责任与企业财务绩效之间关系的文献并没有一个全面的共识。从情感的角度来看,我们尊重企业慈善事业,而不必分析其经济价值。本研究通过对2006年至2018年孟加拉国30家上市银行的研究,扩展了当代企业社会责任文献的视野,特别强调了试图验证CSR- cfp关系的方法。除了使用面板向量自回归检验企业社会责任与财务回报之间的双向因果关系外,该研究还检验了企业社会责任的因素决定因素。研究发现,企业财务绩效越好,企业社会责任支出越多,但企业社会责任支出并不一定影响企业财务绩效。净利润、存款总额、资产收益率、上年度企业社会责任与企业社会责任呈显著正相关,而企业年龄与企业社会责任呈显著负相关。
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引用次数: 16
Fostering pro-environmental behaviors in the healthcare organizations: An empirical analysis of psychological and strategic factors 培养医疗机构的环保行为:心理和战略因素的实证分析
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.01.004
Arab ul Mateen , Qasim Ali Nisar , Nadia Nasir

This study aims to explore how green human resource management enhances employees' pro-environmental behavior via the mediating role of corporate environmental strategy and green psychological climate. Moreover, the moderating effect of environmental consciousness is examined which is almost ignored in the prior studies. Quantitative research methods were used and data were collected using a structured questionnaire from 161 employees in the health sector of Punjab, Pakistan. PLS-SEM was used to conduct analysis. The findings highlight that corporate environmental strategy and green psychological climate mediate the relationship between green human resource management and pro-environmental behavior. Furthermore, various HR practices cast more impact on the corporate environmental strategy than others. The highly significant GHRM practices can be focused more on for a better environmentally-conscious workforce. The study provides valuable insight to academicians and practitioners. The healthcare sector of developing countries can channelize their limited resources on the significant green human resource practices that will lead to increasing employees’ pro-environmental behavior.

本研究旨在探讨绿色人力资源管理如何通过企业环境战略和绿色心理气候的中介作用提升员工的亲环境行为。此外,本文还考察了环境意识的调节作用,这一作用在以往的研究中几乎被忽视。采用了定量研究方法,并使用结构化问卷从巴基斯坦旁遮普省卫生部门的161名雇员中收集数据。采用PLS-SEM进行分析。研究发现,企业环境战略和绿色心理气候在绿色人力资源管理与亲环境行为之间起中介作用。此外,各种人力资源实践对企业环境战略的影响比其他实践更大。可以更多地关注高度重要的GHRM实践,以培养更有环保意识的员工。该研究为学者和从业者提供了宝贵的见解。发展中国家的医疗保健部门可以将其有限的资源用于重要的绿色人力资源实践,这将导致增加员工的亲环境行为。
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引用次数: 3
Trading behavior of institutional investors and CEO's market timing 机构投资者交易行为与CEO择时
IF 4.4 Q1 MANAGEMENT Pub Date : 2023-03-01 DOI: 10.1016/j.apmrv.2022.03.002
Quang Thu Luu , Khoa Duong Dang

We use excess return, risks, MB ratios, and cumulative abnormal return as proxies to examine the CEO's market timing. The empirical results indicate that CEOs have been exactly in timing the market for Seasonal equity offering (SEO) events. CEOs have more incentives to execute seasonal equity offering when CAR reach peak and market risk drop to the lowest point that investors become less worried about risks. Evidence also shows that institutional investors do not own insider information before SEO but when issuance date appears, they recognize that CEOs are exploiting insider information in order to issue stocks at the highest price. Hence, the institutional investors switch their trading behavior from long positions to short positions to dodge the potential losses inflicted by the CEO's market timing. The fund manager recognizes that CEOs are implementing market timing so they can earn a positive return in the future. In contrast, security dealers and foreign investors do not recognize the CEO's market timing action, so they do not react, resulting in negative returns in the future.

我们使用超额收益、风险、资产负债表比率和累积异常收益作为代理来检验CEO的市场时机。实证结果表明,ceo们准确把握了季节性股票发行(SEO)事件的市场时机。当CAR达到峰值,市场风险降至最低点,投资者对风险的担忧减少时,ceo更有动力执行季节性股票发行。证据还表明,机构投资者在SEO之前并不拥有内幕信息,但当发行日期出现时,他们认识到ceo正在利用内幕信息以最高价格发行股票。因此,机构投资者将他们的交易行为从多头头寸转向空头头寸,以避免CEO的市场时机带来的潜在损失。基金经理认识到,首席执行官们正在实施市场时机选择,这样他们就可以在未来获得正回报。相比之下,证券交易商和外国投资者不承认CEO的市场时机行动,因此他们没有反应,导致未来的负回报。
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引用次数: 4
期刊
Asia Pacific Management Review
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