Pub Date : 2023-12-10DOI: 10.1177/03063070231215323
{"title":"Erratum to Issue","authors":"","doi":"10.1177/03063070231215323","DOIUrl":"https://doi.org/10.1177/03063070231215323","url":null,"abstract":"","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"50 10","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138982527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-06DOI: 10.1177/03063070231220197
Rim El Houcine
Ownership structure is one of the important issues faced by companies. Especially, it plays a vital role in stock market liquidity. Prior studies have established links between ownership structure, firm performance, and stock liquidity, but their results are mixed and inconclusive. The importance in this research is to study the effect of ownership structure on stock market liquidity in a context characterized by its concentration and where there is an excess of certain types of stockholders, including institutional investors or family members. Therefore, we choose to explore this relationship in French-listed companies. In addition, the role that ownership structure plays is considered as important. The expectation of managers and shareholders is to determine the optimal ownership structure that protects companies in normal situations, and in crisis as well. Therefore, this study explores the role ownership structure plays in determining the stock liquidity during and after the financial crisis period from 2003 to 2015. After employing the panel regression method, we report a nonlinear relationship between ownership structure and stock liquidity during and after the global financial crisis. Institutional ownership, although having a strong effect in the post-crisis period (2010–2015), shows no influence on liquidity during the crisis (2008––2009). We also find that family ownership shows no significant effect in the crisis period (2008–2009) and the post-crisis period (2010–2015). However, it has a significant coefficient during the period 2003–2015.
{"title":"Impact of ownership structure on stock liquidity in financial crisis","authors":"Rim El Houcine","doi":"10.1177/03063070231220197","DOIUrl":"https://doi.org/10.1177/03063070231220197","url":null,"abstract":"Ownership structure is one of the important issues faced by companies. Especially, it plays a vital role in stock market liquidity. Prior studies have established links between ownership structure, firm performance, and stock liquidity, but their results are mixed and inconclusive. The importance in this research is to study the effect of ownership structure on stock market liquidity in a context characterized by its concentration and where there is an excess of certain types of stockholders, including institutional investors or family members. Therefore, we choose to explore this relationship in French-listed companies. In addition, the role that ownership structure plays is considered as important. The expectation of managers and shareholders is to determine the optimal ownership structure that protects companies in normal situations, and in crisis as well. Therefore, this study explores the role ownership structure plays in determining the stock liquidity during and after the financial crisis period from 2003 to 2015. After employing the panel regression method, we report a nonlinear relationship between ownership structure and stock liquidity during and after the global financial crisis. Institutional ownership, although having a strong effect in the post-crisis period (2010–2015), shows no influence on liquidity during the crisis (2008––2009). We also find that family ownership shows no significant effect in the crisis period (2008–2009) and the post-crisis period (2010–2015). However, it has a significant coefficient during the period 2003–2015.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"50 2","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138595164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-16DOI: 10.1177/03063070231216679
Mengmeng Wang
As the most disruptive information technology at present, blockchain technology has considerable application potential in supply chain risk management. On the basis of technology–task fit theory, this study aims to theorize and examine blockchain technology and supply chain risk management by proposing a set of research hypotheses. To achieve this, blockchain technology is classified into two main characteristics, namely, traceability and security, and categorized supply chain risks into supply, demand, and process risks. This study also empirically validates the conceptual framework and proposes hypotheses using structural equation modeling, with 355 Chinese manufacturing firms as the research sample. Empirical findings demonstrate that all the three types of risk and the two main characteristics of blockchain (i.e., blockchain traceability and security) positively contribute to the supply chain risk–blockchain technology fit. Results also suggest that the supply chain risk–blockchain technology fit positively affects new product development (NPD) performance. In addition, the relationship between supply chain risk–blockchain technology fit and NPD performance is positively moderated by global value chain upgrading.
{"title":"Effect of blockchain technology–supply chain risk fit on new product development performance: The moderating role of supply chain upgrading","authors":"Mengmeng Wang","doi":"10.1177/03063070231216679","DOIUrl":"https://doi.org/10.1177/03063070231216679","url":null,"abstract":"As the most disruptive information technology at present, blockchain technology has considerable application potential in supply chain risk management. On the basis of technology–task fit theory, this study aims to theorize and examine blockchain technology and supply chain risk management by proposing a set of research hypotheses. To achieve this, blockchain technology is classified into two main characteristics, namely, traceability and security, and categorized supply chain risks into supply, demand, and process risks. This study also empirically validates the conceptual framework and proposes hypotheses using structural equation modeling, with 355 Chinese manufacturing firms as the research sample. Empirical findings demonstrate that all the three types of risk and the two main characteristics of blockchain (i.e., blockchain traceability and security) positively contribute to the supply chain risk–blockchain technology fit. Results also suggest that the supply chain risk–blockchain technology fit positively affects new product development (NPD) performance. In addition, the relationship between supply chain risk–blockchain technology fit and NPD performance is positively moderated by global value chain upgrading.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"7 1","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139269880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-10DOI: 10.1177/03063070221112525
Thomas A Hemphill
{"title":"Book Review: Corporate Explorer: How Corporations Beat Startups at the Innovation Game","authors":"Thomas A Hemphill","doi":"10.1177/03063070221112525","DOIUrl":"https://doi.org/10.1177/03063070221112525","url":null,"abstract":"","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":" 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135142186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-13DOI: 10.1177/03063070231206533
Rifat Sharmelly, David Tomczyk
Drawing on institutional logics, this study empirically examines challenges faced by benefit corporations that are at the crossroads of competing logics—need-based social logic to do right by society and demand-based market logic to generate adequate profit for sustaining operations—and the practices that such organizations adopt to manage these challenges to maintain their hybrid nature. Examining 30 benefit corporations from the United States, this study finds multiple sets of primary challenges and empirically specifies that benefit corporations should integrate competing institutional logics by actively managing both internal dynamics in the organizations and external relations to be successful. The article further identifies benefit corporations that were unsuccessful in combining both logics, and thus, has implications for both the literature and management practice.
{"title":"Integrating competing institutional logics by benefit corporations: Challenges and practices","authors":"Rifat Sharmelly, David Tomczyk","doi":"10.1177/03063070231206533","DOIUrl":"https://doi.org/10.1177/03063070231206533","url":null,"abstract":"Drawing on institutional logics, this study empirically examines challenges faced by benefit corporations that are at the crossroads of competing logics—need-based social logic to do right by society and demand-based market logic to generate adequate profit for sustaining operations—and the practices that such organizations adopt to manage these challenges to maintain their hybrid nature. Examining 30 benefit corporations from the United States, this study finds multiple sets of primary challenges and empirically specifies that benefit corporations should integrate competing institutional logics by actively managing both internal dynamics in the organizations and external relations to be successful. The article further identifies benefit corporations that were unsuccessful in combining both logics, and thus, has implications for both the literature and management practice.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135858544","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-10DOI: 10.1177/03063070231205634
Eliran Solodoha, Reut Blaywais
This study conducts a meticulous inquiry into the efficacy of communicative signals, specifically focusing on updates, within the domains of two distinct crowdfunding platforms: rewards-based and donation-based. While rewards-based platforms have received extensive examination in the literature, limited research exists on donation-based platforms. Drawing upon information from Israel’s crowdfunding landscape, this research demonstrates that updates positively impact fundraising success in rewards-based platforms, yet exhibit a negligible influence in donation-based platforms. The study emphasizes the necessity for tailored signaling strategies based on platform type, shedding light on how creators and entrepreneurs can optimize fundraising outcomes.
{"title":"Do updates matter? A comparison between rewards-based and donation-based crowdfunding platforms","authors":"Eliran Solodoha, Reut Blaywais","doi":"10.1177/03063070231205634","DOIUrl":"https://doi.org/10.1177/03063070231205634","url":null,"abstract":"This study conducts a meticulous inquiry into the efficacy of communicative signals, specifically focusing on updates, within the domains of two distinct crowdfunding platforms: rewards-based and donation-based. While rewards-based platforms have received extensive examination in the literature, limited research exists on donation-based platforms. Drawing upon information from Israel’s crowdfunding landscape, this research demonstrates that updates positively impact fundraising success in rewards-based platforms, yet exhibit a negligible influence in donation-based platforms. The study emphasizes the necessity for tailored signaling strategies based on platform type, shedding light on how creators and entrepreneurs can optimize fundraising outcomes.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136293880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-05DOI: 10.1177/03063070231205339
Tan Fee Yean, Johanim Johari, Edora Ismail
Based on the Social Exchange Theory (SET) and the Job-Demands-Resources (JD-R) model, this study examines how supervisory trust and workload influence the work engagement and learning goal orientation (LGO) of academic staff. Survey data collected from 265 full-time academic staff in Malaysian public universities were analysed using structural equation modelling. The results suggest that both supervisory trust and workload have a significant positive influence on the work engagement of academic staff. This, in turn, indirectly enhances their LGO. This study provides empirical evidence that supervisory trust is not the only important predictor of academic staff’s work engagement, as workload also significantly boosts their engagement. Therefore, it is essential to consider these factors when cultivating work engagement and LGO, which are prerequisites for a true learning culture and key to developing a cutting-edge university. Theoretical and practical implications of the findings are also highlighted.
{"title":"Elevating academic staff’s learning goal orientation: The role of supervisory trust, workload, and work engagement","authors":"Tan Fee Yean, Johanim Johari, Edora Ismail","doi":"10.1177/03063070231205339","DOIUrl":"https://doi.org/10.1177/03063070231205339","url":null,"abstract":"Based on the Social Exchange Theory (SET) and the Job-Demands-Resources (JD-R) model, this study examines how supervisory trust and workload influence the work engagement and learning goal orientation (LGO) of academic staff. Survey data collected from 265 full-time academic staff in Malaysian public universities were analysed using structural equation modelling. The results suggest that both supervisory trust and workload have a significant positive influence on the work engagement of academic staff. This, in turn, indirectly enhances their LGO. This study provides empirical evidence that supervisory trust is not the only important predictor of academic staff’s work engagement, as workload also significantly boosts their engagement. Therefore, it is essential to consider these factors when cultivating work engagement and LGO, which are prerequisites for a true learning culture and key to developing a cutting-edge university. Theoretical and practical implications of the findings are also highlighted.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135480854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-10-01DOI: 10.1177/03063070231188219
Teck Yong Eng
{"title":"Real estate management and strategies: The next decade","authors":"Teck Yong Eng","doi":"10.1177/03063070231188219","DOIUrl":"https://doi.org/10.1177/03063070231188219","url":null,"abstract":"","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"145 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134933999","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-29DOI: 10.1177/03063070231205633
Soo Jung Kim, Yun Dong Yeo
The current study highlights the importance of cues for quality at the product level on firm performance. Utilizing data from the U.S. auto industry, our results demonstrate that product cues with the highest positive evaluations have a greater impact on improving firm performance due to their ability to showcase the firm’s utmost capability. We also find that the consistency of the highest-rated product cue over time corroborates the credibility of the signal. Furthermore, our research reveals that the effect of consistency of the highest product cue over time, which enhances firm performance, becomes more pronounced when the auto firm is suffering from a poor reputation. These findings suggest that determining how quality evaluations are distributed across the product line is of paramount importance. This determination may enable firms suffering from a poor reputation to allocate their resources asymmetrically, focusing on products with the highest ratings to enhance their overall performance.
{"title":"The role of product quality cues in firm performance: Evidence from the U.S. auto industry","authors":"Soo Jung Kim, Yun Dong Yeo","doi":"10.1177/03063070231205633","DOIUrl":"https://doi.org/10.1177/03063070231205633","url":null,"abstract":"The current study highlights the importance of cues for quality at the product level on firm performance. Utilizing data from the U.S. auto industry, our results demonstrate that product cues with the highest positive evaluations have a greater impact on improving firm performance due to their ability to showcase the firm’s utmost capability. We also find that the consistency of the highest-rated product cue over time corroborates the credibility of the signal. Furthermore, our research reveals that the effect of consistency of the highest product cue over time, which enhances firm performance, becomes more pronounced when the auto firm is suffering from a poor reputation. These findings suggest that determining how quality evaluations are distributed across the product line is of paramount importance. This determination may enable firms suffering from a poor reputation to allocate their resources asymmetrically, focusing on products with the highest ratings to enhance their overall performance.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135244589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-07DOI: 10.1177/03063070231197343
Felix Roedder, Stefan Schmid
While CSR has become an integral part of most firms’ agendas, questions remain as to why some firms embrace CSR more than others. By drawing on legitimacy theory, we suggest that firms that are exposed to elevated levels of internationalization are more prone to engage in CSR. We differentiate between the internationalization of activities, the internationalization of ownership, and the internationalization of boards and propose that each dimension has a distinct effect on CSR. Our empirical analysis focuses on Japan, a country where CSR has previously been considered a “foreign” concept. With our study, we emphasize the role of legitimacy as a source of firms’ increasing engagement in CSR and underline the necessity for a more differentiated view of the internationalization-CSR relationship. We also provide practical implications as we suggest firms to use CSR as a solution to respond to legitimacy threats resulting from internationalization.
{"title":"How internationalization leads to more CSR: The case of Japanese firms","authors":"Felix Roedder, Stefan Schmid","doi":"10.1177/03063070231197343","DOIUrl":"https://doi.org/10.1177/03063070231197343","url":null,"abstract":"While CSR has become an integral part of most firms’ agendas, questions remain as to why some firms embrace CSR more than others. By drawing on legitimacy theory, we suggest that firms that are exposed to elevated levels of internationalization are more prone to engage in CSR. We differentiate between the internationalization of activities, the internationalization of ownership, and the internationalization of boards and propose that each dimension has a distinct effect on CSR. Our empirical analysis focuses on Japan, a country where CSR has previously been considered a “foreign” concept. With our study, we emphasize the role of legitimacy as a source of firms’ increasing engagement in CSR and underline the necessity for a more differentiated view of the internationalization-CSR relationship. We also provide practical implications as we suggest firms to use CSR as a solution to respond to legitimacy threats resulting from internationalization.","PeriodicalId":46142,"journal":{"name":"JOURNAL OF GENERAL MANAGEMENT","volume":" ","pages":""},"PeriodicalIF":2.1,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47390289","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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