Pub Date : 2023-03-14DOI: 10.1108/jsma-02-2022-0041
Deepika Pandita, Fatima Vapiwala
PurposeThe purpose of this study is to understand the factors responsible for social media fan engagement and experience. The research study also attempts to analyze the significance of adopting digital strategies with a fan-centric approach for sports organizations.Design/methodology/approachThe authors conducted 18 semi-structured interviews with managers in different sports organizations and fans of various popular sports leagues and clubs in India. The authors used a qualitative exploratory approach by applying coding and thematic analysis to arrive at findings and conclusions.FindingsThe responses led to the emergence of three major themes comprising effective planning, harnessing fan participation and boosting the quality of experience. Building on these themes, the authors recommended the “PRIME” model for sports organizations.Research limitations/implicationsAs this study explores the growing importance of fan engagement from the top three sports leagues in India, future researchers can focus on obtaining data from multiple countries and multiple leagues to enhance fan engagement's generalizability. Also with the growing popularity of eSports, the scope of the present study may be expanded based on eSports.Practical implicationsThe authors' study acts as an eye-opener for managers revealing that to get active participation from fans, sports organizations will have to be active in social media initiatives. In addition to this, the authors also propose the PRIME model, which elaborates on the aspects of Planning social media programs, Regularization of content creation, increased Interaction with the fan base, Motivation through rewards and Enriching fan experience for effectively harnessing fan engagement and experience.Originality/valueIn the pandemic era, engaging with fans on social media can enable sports organizations to thrive. The authors suggest a “PRIME” model which can aid sports managers in effectively harnessing fan engagement and experience for the managers of sports organizations. The model can also be applied beyond the sports context in anchoring customer engagement and experience through the social media of other business organizations.
{"title":"Waving the flames of fan engagement: strategies for coping with the digital transformation in sports organizations","authors":"Deepika Pandita, Fatima Vapiwala","doi":"10.1108/jsma-02-2022-0041","DOIUrl":"https://doi.org/10.1108/jsma-02-2022-0041","url":null,"abstract":"PurposeThe purpose of this study is to understand the factors responsible for social media fan engagement and experience. The research study also attempts to analyze the significance of adopting digital strategies with a fan-centric approach for sports organizations.Design/methodology/approachThe authors conducted 18 semi-structured interviews with managers in different sports organizations and fans of various popular sports leagues and clubs in India. The authors used a qualitative exploratory approach by applying coding and thematic analysis to arrive at findings and conclusions.FindingsThe responses led to the emergence of three major themes comprising effective planning, harnessing fan participation and boosting the quality of experience. Building on these themes, the authors recommended the “PRIME” model for sports organizations.Research limitations/implicationsAs this study explores the growing importance of fan engagement from the top three sports leagues in India, future researchers can focus on obtaining data from multiple countries and multiple leagues to enhance fan engagement's generalizability. Also with the growing popularity of eSports, the scope of the present study may be expanded based on eSports.Practical implicationsThe authors' study acts as an eye-opener for managers revealing that to get active participation from fans, sports organizations will have to be active in social media initiatives. In addition to this, the authors also propose the PRIME model, which elaborates on the aspects of Planning social media programs, Regularization of content creation, increased Interaction with the fan base, Motivation through rewards and Enriching fan experience for effectively harnessing fan engagement and experience.Originality/valueIn the pandemic era, engaging with fans on social media can enable sports organizations to thrive. The authors suggest a “PRIME” model which can aid sports managers in effectively harnessing fan engagement and experience for the managers of sports organizations. The model can also be applied beyond the sports context in anchoring customer engagement and experience through the social media of other business organizations.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"30 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74332347","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 : 2023-03-10DOI: 10.1108/jsma-07-2022-0127
Sarah Willey, Matthew J. Aplin-Houtz, Maureen Casile
PurposeThis manuscript explores the value of mission statement emotional content in the relationship between money raised by a nonprofit organization through fundraising efforts and the money spent. It proposes the emotional content of a mission statement moderates money spent and earned to ultimately to impact how much revenue a nonprofit makes through fundraising.Design/methodology/approachThe manuscript evaluates the qualitative turned quantitative data (via text mining [TM]) in mission statements from 200 nonprofits serving the homeless sector via a moderation analysis. After segmenting the sampled nonprofits by gross revenue, the authors analyze the impact of the positive and negative emotional tone in each group to determine how the content of a mission statement impacts organizational revenue.FindingsThe paper provides empirical insights about how the emotional polarity of a mission statement influences money earned through fundraising. However, the positive and negative tone of a mission statement impacts organizations differently based on size. For nonprofits that report an annual revenue of less than $1 million, a positive tone in the mission statement results in higher revenue. Conversely, nonprofits that report over $1 million earn less revenue with a positive tone in their mission statement.Research limitations/implicationsOwing to the specialized group sampled, the findings possibly only apply to the sampled group. Therefore, researchers are encouraged to test the relationships found in other areas of nonprofits. However, the implications of mission statement polarity influencing financial performance in any population should be of keen interest to practitioners when crafting mission statements.Practical implicationsThe finding that mission statement emotional tone influences the financial performance of a nonprofit has direct implications for the effective delivery of services in the nonprofit realm. Leaders of nonprofits can use the study’s findings to position their organizations to capture potential needed revenue in the crafting of their mission statements.Originality/valueThis paper uniquely exposes the moderating impact of the emotional tone in mission statements in relationship with financial performance.
{"title":"What has emotion got to do with it: the moderating effect of mission statement polarity on fundraising performance","authors":"Sarah Willey, Matthew J. Aplin-Houtz, Maureen Casile","doi":"10.1108/jsma-07-2022-0127","DOIUrl":"https://doi.org/10.1108/jsma-07-2022-0127","url":null,"abstract":"PurposeThis manuscript explores the value of mission statement emotional content in the relationship between money raised by a nonprofit organization through fundraising efforts and the money spent. It proposes the emotional content of a mission statement moderates money spent and earned to ultimately to impact how much revenue a nonprofit makes through fundraising.Design/methodology/approachThe manuscript evaluates the qualitative turned quantitative data (via text mining [TM]) in mission statements from 200 nonprofits serving the homeless sector via a moderation analysis. After segmenting the sampled nonprofits by gross revenue, the authors analyze the impact of the positive and negative emotional tone in each group to determine how the content of a mission statement impacts organizational revenue.FindingsThe paper provides empirical insights about how the emotional polarity of a mission statement influences money earned through fundraising. However, the positive and negative tone of a mission statement impacts organizations differently based on size. For nonprofits that report an annual revenue of less than $1 million, a positive tone in the mission statement results in higher revenue. Conversely, nonprofits that report over $1 million earn less revenue with a positive tone in their mission statement.Research limitations/implicationsOwing to the specialized group sampled, the findings possibly only apply to the sampled group. Therefore, researchers are encouraged to test the relationships found in other areas of nonprofits. However, the implications of mission statement polarity influencing financial performance in any population should be of keen interest to practitioners when crafting mission statements.Practical implicationsThe finding that mission statement emotional tone influences the financial performance of a nonprofit has direct implications for the effective delivery of services in the nonprofit realm. Leaders of nonprofits can use the study’s findings to position their organizations to capture potential needed revenue in the crafting of their mission statements.Originality/valueThis paper uniquely exposes the moderating impact of the emotional tone in mission statements in relationship with financial performance.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"48 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77806868","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 : 2023-03-02DOI: 10.1108/jsma-01-2022-0015
Simon Chadwick, Nick Burton, Paul Widdop, Alex John Bond
PurposeThis study examines the networks and strategy of Manchester City Football Club and City Football Group, central to the group's emergence as a global entertainment organisation with a network of franchises worldwide.Design/methodology/approachThe study employs a case study design to examine both Manchester City Football Club and City Football Group (CFG)'s strategy. Drawing upon an extensive review of documentation pertaining to CFG's strategic vision and approach, a network analysis of the brand's constituent clubs, partners and state- and corporate-investors was conducted, providing a macro-level view of CFG's use of global franchising, media partnerships and commercial agreements to extend CFG and the City brand internationally.FindingsThe study's findings afford a unique insight into CFG's efforts to monetise and globalise through franchising, which provides insights into the convergence in sport of politics, entertainment and business. Namely, how the global strategy enacted by CFG and the Abu Dhabi government (its owner) has leveraged sporting properties successfully. In turn, it extends their geopolitical and economic networks and grows the parent City brand as a global entity.Research limitations/implicationsThe study's findings afford a unique insight into CFG's efforts to monetise and globalise through franchising. Namely, the global strategy enacted by CFG and the Abu Dhabi royal family (its owner) has leveraged sporting properties successfully. In turn, it extends their geopolitical and economic networks and grows the parent City brand as a global entity.Originality/valueThe research represents an important step in examining the strategy of football club ownership and global club networks within sport. In this respect, the present research provides a new way to understand sport in a globalised, digitised and geopoliticised operating environment.
{"title":"Networks, strategy and sport: the case of City Football Group","authors":"Simon Chadwick, Nick Burton, Paul Widdop, Alex John Bond","doi":"10.1108/jsma-01-2022-0015","DOIUrl":"https://doi.org/10.1108/jsma-01-2022-0015","url":null,"abstract":"PurposeThis study examines the networks and strategy of Manchester City Football Club and City Football Group, central to the group's emergence as a global entertainment organisation with a network of franchises worldwide.Design/methodology/approachThe study employs a case study design to examine both Manchester City Football Club and City Football Group (CFG)'s strategy. Drawing upon an extensive review of documentation pertaining to CFG's strategic vision and approach, a network analysis of the brand's constituent clubs, partners and state- and corporate-investors was conducted, providing a macro-level view of CFG's use of global franchising, media partnerships and commercial agreements to extend CFG and the City brand internationally.FindingsThe study's findings afford a unique insight into CFG's efforts to monetise and globalise through franchising, which provides insights into the convergence in sport of politics, entertainment and business. Namely, how the global strategy enacted by CFG and the Abu Dhabi government (its owner) has leveraged sporting properties successfully. In turn, it extends their geopolitical and economic networks and grows the parent City brand as a global entity.Research limitations/implicationsThe study's findings afford a unique insight into CFG's efforts to monetise and globalise through franchising. Namely, the global strategy enacted by CFG and the Abu Dhabi royal family (its owner) has leveraged sporting properties successfully. In turn, it extends their geopolitical and economic networks and grows the parent City brand as a global entity.Originality/valueThe research represents an important step in examining the strategy of football club ownership and global club networks within sport. In this respect, the present research provides a new way to understand sport in a globalised, digitised and geopoliticised operating environment.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"21 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78104452","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 : 2023-02-28DOI: 10.1108/jsma-01-2020-0014
Rico Kremer
PurposeThe purpose of this integrative review is to develop a holistic behavioral framework on capital allocation decisions.Design/methodology/approachThe article first structures, maps and synthesizes the prevalent cognitive biases that are present during capital allocation decisions. It then seeks to offer a robust understanding on how firms can mitigate the effects of cognitive biases.FindingsNot only do several cognitive biases interfere with a decision-makers ability to make adequate capital allocation decisions but firms already have a number of tools at their disposal to mitigate them.Research limitations/implicationsBesides identifying cognition- and repair-based implications to extend the literature, this article outlines key methodological challenges for future research conducted along the lines of capital allocation.Practical implicationsSince the paper structures cognitive limitations in one of the most important managerial decision-making processes and discusses what firms can do to counteract them, it is of high relevance for practitioners. Managers need to know what drives successful capital allocation and what not.Originality/valueThe article provides a rare integrative review on the impact of cognitive biases on capital allocation and addresses the need to build linkages to the ongoing conversation on how to design strategic decision processes.
{"title":"Corporate capital allocation: a behavioral perspective and guidance for future research","authors":"Rico Kremer","doi":"10.1108/jsma-01-2020-0014","DOIUrl":"https://doi.org/10.1108/jsma-01-2020-0014","url":null,"abstract":"PurposeThe purpose of this integrative review is to develop a holistic behavioral framework on capital allocation decisions.Design/methodology/approachThe article first structures, maps and synthesizes the prevalent cognitive biases that are present during capital allocation decisions. It then seeks to offer a robust understanding on how firms can mitigate the effects of cognitive biases.FindingsNot only do several cognitive biases interfere with a decision-makers ability to make adequate capital allocation decisions but firms already have a number of tools at their disposal to mitigate them.Research limitations/implicationsBesides identifying cognition- and repair-based implications to extend the literature, this article outlines key methodological challenges for future research conducted along the lines of capital allocation.Practical implicationsSince the paper structures cognitive limitations in one of the most important managerial decision-making processes and discusses what firms can do to counteract them, it is of high relevance for practitioners. Managers need to know what drives successful capital allocation and what not.Originality/valueThe article provides a rare integrative review on the impact of cognitive biases on capital allocation and addresses the need to build linkages to the ongoing conversation on how to design strategic decision processes.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"8 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85634287","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 : 2023-02-17DOI: 10.1108/jsma-05-2022-0092
Karishma Jain, Parthraj Tripathi
PurposeThis study aimed to quantify and map academic literature of ESG from a bibliometric perspective and to provide a comprehensive review of the recent literature published in the high-rated journal articles.Design/methodology/approachThe study analyzed 867 and 388 documents from Scopus and Web of Science (WoS) data respectively using bibliometric analysis. Biblioshiny and VOSviewer software was used for performance analysis and science mapping respectively. Further, manual content analysis of the 190 research articles published in the last five years was conducted.FindingsThe results demonstrate that ESG is an emerging domain in the field of sustainable finance as the number of publications and total citations are showing an upward trend. The top two journals in terms of productivity are the Journal of Sustainable Finance and Investment and Business Strategy and the Environment. The highest number of publications are from the United States and George Serafeim is the most influential author in the ESG domain. Further, the result of cluster analysis of bibliographic coupling reveals four intellectual themes, (1) ESG investing; (2) ESG disclosures and Integrated Reporting; (3) ESG performance and firm value and (4) Corporate Governance and ESG performance. The content analysis of the 190 high-quality journal articles presents the current 11 areas of research in ESG. The impact of ESG on firm value and ESG investment are the prominent themes, and the effect of ESG on the cost of capital and ESG audit and assurance are the emerging themes in this domain.Research limitations/implicationsThe keyword search is solely focusing on the theme of the study. Further, other keywords such as Corporate Social Responsibility and Corporate sustainability taken along with ESG may provide distinct results.Practical implicationsThe study advances the understanding of the ESG domain by developing new possibilities to discover key research areas.Originality/valueThe present work provides a comprehensive and detailed bibliometric and content analysis of ESG literature. This study delineates the thorough literature review of journal articles published in the recent five years in high-rated journals.
目的本研究旨在从文献计量学的角度对ESG的学术文献进行量化和制图，并对近期发表在高评价期刊文章中的文献进行全面综述。设计/方法/方法采用文献计量学分析方法，对来自Scopus和Web of Science (WoS)的867篇和388篇文献进行分析。分别使用Biblioshiny和VOSviewer软件进行性能分析和科学制图。此外，对近5年发表的190篇研究论文进行了手工内容分析。结果表明，ESG是可持续金融领域的一个新兴领域，其发表数量和总被引量均呈现上升趋势。在生产力方面排名前两位的期刊是《可持续金融与投资杂志》和《商业战略与环境》。发表论文最多的是美国，George Serafeim是ESG领域最有影响力的作者。此外，文献耦合的聚类分析结果揭示了四个智力主题:(1)ESG投资;(2) ESG披露与综合报告;(3) ESG绩效与公司价值(4)公司治理与ESG绩效。对190篇高质量期刊文章的内容分析呈现了当前ESG研究的11个领域。ESG对公司价值和ESG投资的影响是突出的主题，ESG对资本成本的影响以及ESG审计和鉴证是该领域的新兴主题。研究局限/启示关键词搜索只关注研究主题。此外，其他关键词，如企业社会责任和企业可持续性，与ESG一起可能会提供不同的结果。实际意义本研究通过开发发现关键研究领域的新可能性，促进了对ESG领域的理解。原创性/价值本工作提供了ESG文献的全面和详细的文献计量学和内容分析。本研究对近五年来在高评价期刊上发表的期刊文章进行了全面的文献综述。
{"title":"Mapping the environmental, social and governance literature: a bibliometric and content analysis","authors":"Karishma Jain, Parthraj Tripathi","doi":"10.1108/jsma-05-2022-0092","DOIUrl":"https://doi.org/10.1108/jsma-05-2022-0092","url":null,"abstract":"PurposeThis study aimed to quantify and map academic literature of ESG from a bibliometric perspective and to provide a comprehensive review of the recent literature published in the high-rated journal articles.Design/methodology/approachThe study analyzed 867 and 388 documents from Scopus and Web of Science (WoS) data respectively using bibliometric analysis. Biblioshiny and VOSviewer software was used for performance analysis and science mapping respectively. Further, manual content analysis of the 190 research articles published in the last five years was conducted.FindingsThe results demonstrate that ESG is an emerging domain in the field of sustainable finance as the number of publications and total citations are showing an upward trend. The top two journals in terms of productivity are the Journal of Sustainable Finance and Investment and Business Strategy and the Environment. The highest number of publications are from the United States and George Serafeim is the most influential author in the ESG domain. Further, the result of cluster analysis of bibliographic coupling reveals four intellectual themes, (1) ESG investing; (2) ESG disclosures and Integrated Reporting; (3) ESG performance and firm value and (4) Corporate Governance and ESG performance. The content analysis of the 190 high-quality journal articles presents the current 11 areas of research in ESG. The impact of ESG on firm value and ESG investment are the prominent themes, and the effect of ESG on the cost of capital and ESG audit and assurance are the emerging themes in this domain.Research limitations/implicationsThe keyword search is solely focusing on the theme of the study. Further, other keywords such as Corporate Social Responsibility and Corporate sustainability taken along with ESG may provide distinct results.Practical implicationsThe study advances the understanding of the ESG domain by developing new possibilities to discover key research areas.Originality/valueThe present work provides a comprehensive and detailed bibliometric and content analysis of ESG literature. This study delineates the thorough literature review of journal articles published in the recent five years in high-rated journals.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"2 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82908228","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 : 2023-02-09DOI: 10.1108/jsma-04-2022-0073
S. Akomea, Ahmed Agyapong, S. Aidoo, Simms Mensah Kyei
PurposeThis paper sought to investigate the conditional indirect relationship between managerial capabilities (MCs) and performance amongst small and medium-sized enterprises (SMEs) in the sub-Saharan African economy. The study considered social capital (SC) and entrepreneurial orientation (EO) as parallel mediating mechanisms and competitive intensity as boundary conditions within this relationship. The purpose of this paper is to address this issue.Design/methodology/approachData were obtained from SMEs (n = 206) in a sub-Saharan African nation. Bootstrapping (Process Macro) and hierarchical regression in statistical package for social sciences (SPSS) were used to analyse the data.FindingsThe results demonstrate that whereas EO presents a mechanism through which MC influences performance, SC does not mediate the MC–performance relationship. The results further demonstrate that competitive intensity provides various interaction effects such that at high levels of competitive intensity the indirect effect of MC on performance through SC is weakened and strengthened through EO. The study, therefore, provides clarity to the intricate power of interactions of external factors with firm-specific resources.Originality/valueThe study demonstrates that varying combinations of resources influence performance differently. The authors consider the influence of these mediators simultaneously in attempts to extend theory by buttressing the bundling effect of MC on SC and EO in driving performance. They also highlight the impact of the boundary conditions created by competitive intensity (CI) on these mediated relationships.
{"title":"The roles of social capital, entrepreneurial orientation and competitive intensity in managerial capability and performance relationship: evidence from an emerging market economy","authors":"S. Akomea, Ahmed Agyapong, S. Aidoo, Simms Mensah Kyei","doi":"10.1108/jsma-04-2022-0073","DOIUrl":"https://doi.org/10.1108/jsma-04-2022-0073","url":null,"abstract":"PurposeThis paper sought to investigate the conditional indirect relationship between managerial capabilities (MCs) and performance amongst small and medium-sized enterprises (SMEs) in the sub-Saharan African economy. The study considered social capital (SC) and entrepreneurial orientation (EO) as parallel mediating mechanisms and competitive intensity as boundary conditions within this relationship. The purpose of this paper is to address this issue.Design/methodology/approachData were obtained from SMEs (n = 206) in a sub-Saharan African nation. Bootstrapping (Process Macro) and hierarchical regression in statistical package for social sciences (SPSS) were used to analyse the data.FindingsThe results demonstrate that whereas EO presents a mechanism through which MC influences performance, SC does not mediate the MC–performance relationship. The results further demonstrate that competitive intensity provides various interaction effects such that at high levels of competitive intensity the indirect effect of MC on performance through SC is weakened and strengthened through EO. The study, therefore, provides clarity to the intricate power of interactions of external factors with firm-specific resources.Originality/valueThe study demonstrates that varying combinations of resources influence performance differently. The authors consider the influence of these mediators simultaneously in attempts to extend theory by buttressing the bundling effect of MC on SC and EO in driving performance. They also highlight the impact of the boundary conditions created by competitive intensity (CI) on these mediated relationships.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"2010 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82556179","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 : 2023-01-09DOI: 10.1108/jsma-09-2022-0170
Serhan Kotiloglu
PurposeCorporate social responsibility (CSR) captures organizational actions that account for economic, social and environmental performance. CSR is becoming increasingly relevant for organizations because of changing societal norms and attitudes. Prior research on CSR shows that socially responsible actions are beneficial for the firm and the society. However, much less is known about the antecedents of CSR. The authors suggest that CSR is a strategic organizational decision and use organizational performance feedback theory to explain how organizations decide on CSR activities.Design/methodology/approachUsing a longitudinal sample of 189 US public firms with 1,050 observations, the authors test how performance decreases below aspirations and performance increases above aspirations influence CSR. The authors also test for the moderation effect of LGBT inclusion on these relationships as a proxy for CSR consistency and stakeholder support.FindingsThe authors find that as organizational performance decreases further below aspirations, CSR increases and LGBT inclusion strengthens this increase. The authors also find that as performance increases above aspirations, organizations become more engaged in CSR, but LGBT inclusion does not moderate this relationship.Originality/valuePrior research recently started extending the performance feedback theory to CSR, but empirical findings on the relationships between performance feedback and CSR are seemingly inconclusive. Moreover, studies had primarily focused on performance below aspirations and to a much lesser extent on performance above aspirations. This study aims to better integrate organizational performance feedback theory to the CSR discourse.
{"title":"Exploring how organizational performance feedback influences corporate social responsibility (CSR): the moderating role of LGBT inclusion","authors":"Serhan Kotiloglu","doi":"10.1108/jsma-09-2022-0170","DOIUrl":"https://doi.org/10.1108/jsma-09-2022-0170","url":null,"abstract":"PurposeCorporate social responsibility (CSR) captures organizational actions that account for economic, social and environmental performance. CSR is becoming increasingly relevant for organizations because of changing societal norms and attitudes. Prior research on CSR shows that socially responsible actions are beneficial for the firm and the society. However, much less is known about the antecedents of CSR. The authors suggest that CSR is a strategic organizational decision and use organizational performance feedback theory to explain how organizations decide on CSR activities.Design/methodology/approachUsing a longitudinal sample of 189 US public firms with 1,050 observations, the authors test how performance decreases below aspirations and performance increases above aspirations influence CSR. The authors also test for the moderation effect of LGBT inclusion on these relationships as a proxy for CSR consistency and stakeholder support.FindingsThe authors find that as organizational performance decreases further below aspirations, CSR increases and LGBT inclusion strengthens this increase. The authors also find that as performance increases above aspirations, organizations become more engaged in CSR, but LGBT inclusion does not moderate this relationship.Originality/valuePrior research recently started extending the performance feedback theory to CSR, but empirical findings on the relationships between performance feedback and CSR are seemingly inconclusive. Moreover, studies had primarily focused on performance below aspirations and to a much lesser extent on performance above aspirations. This study aims to better integrate organizational performance feedback theory to the CSR discourse.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"69 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79564089","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 : 2022-12-28DOI: 10.1108/jsma-05-2022-0081
A. Martynov
PurposeThis study aims to test the moderating effect of market-supporting institution on the strategic similarity–firm performance relationship.Design/methodology/approachThe present is study based on a large panel of firms from developed and emerging economies covering the period 2000–2014.FindingsHighly-developed market-supporting institutions improve the performance of firms that stick to industry's average strategies while weakly-developed market supporting institutions improve the performance of firms that deviate from industry norms.Originality/valueThis is the first paper that shows that the effect of strategic similarity on firm performance depends on the degree of development of market-supporting institutions.
{"title":"Strategic similarity and firm performance: the moderating role of national institutions","authors":"A. Martynov","doi":"10.1108/jsma-05-2022-0081","DOIUrl":"https://doi.org/10.1108/jsma-05-2022-0081","url":null,"abstract":"PurposeThis study aims to test the moderating effect of market-supporting institution on the strategic similarity–firm performance relationship.Design/methodology/approachThe present is study based on a large panel of firms from developed and emerging economies covering the period 2000–2014.FindingsHighly-developed market-supporting institutions improve the performance of firms that stick to industry's average strategies while weakly-developed market supporting institutions improve the performance of firms that deviate from industry norms.Originality/valueThis is the first paper that shows that the effect of strategic similarity on firm performance depends on the degree of development of market-supporting institutions.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"30 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2022-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85109634","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 : 2022-12-26DOI: 10.1108/jsma-01-2022-0011
K. Lagerström, Emilene Leite, Cecilia Pahlberg, R. Schweizer
PurposeIn this paper, the authors contribute with insights on competition and cooperation in multinational enterprises with a focus on challenges related to these governance mechanisms in a knowledge development context. The mechanisms have been widely recognized as important for developing knowledge, but their contradicting nature implies considerable complexity when it comes to governance. The complexity is further increased as a result of the headquarters-subsidiary relationships. The aim of this paper is to contribute with theoretical and empirical insights on these aspects by focusing on the research question: How and why does competition and cooperation in an MNE emerge over time?Design/methodology/approachA manufacturing MNE with headquarters (HQ) in Sweden is analyzed on both HQ and subsidiary levels. Interviews with 24 managers in Sweden and India have been performed.FindingsThe study illustrates that competition and cooperation are integral aspects in HQ-subsidiary relationships. The results show that both competition and cooperation depend on environmental, organizational and object-related conditions and that these conditions influence the dynamics of the interplay. The importance of including a subsidiary perspective and the interdependencies in an MNE setting are emphasized.Originality/valueThe authors add to the discussion on the interplay between competition and cooperation as they play an important role for knowledge development in MNEs. The results indicate that they do not take place simultaneously, and therefore, the authors suggest that the dynamic can be better understood by focusing on the interplay and analyze the concepts separately.
{"title":"The competition-cooperation interplay for knowledge development: a headquarters-subsidiary perspective","authors":"K. Lagerström, Emilene Leite, Cecilia Pahlberg, R. Schweizer","doi":"10.1108/jsma-01-2022-0011","DOIUrl":"https://doi.org/10.1108/jsma-01-2022-0011","url":null,"abstract":"PurposeIn this paper, the authors contribute with insights on competition and cooperation in multinational enterprises with a focus on challenges related to these governance mechanisms in a knowledge development context. The mechanisms have been widely recognized as important for developing knowledge, but their contradicting nature implies considerable complexity when it comes to governance. The complexity is further increased as a result of the headquarters-subsidiary relationships. The aim of this paper is to contribute with theoretical and empirical insights on these aspects by focusing on the research question: How and why does competition and cooperation in an MNE emerge over time?Design/methodology/approachA manufacturing MNE with headquarters (HQ) in Sweden is analyzed on both HQ and subsidiary levels. Interviews with 24 managers in Sweden and India have been performed.FindingsThe study illustrates that competition and cooperation are integral aspects in HQ-subsidiary relationships. The results show that both competition and cooperation depend on environmental, organizational and object-related conditions and that these conditions influence the dynamics of the interplay. The importance of including a subsidiary perspective and the interdependencies in an MNE setting are emphasized.Originality/valueThe authors add to the discussion on the interplay between competition and cooperation as they play an important role for knowledge development in MNEs. The results indicate that they do not take place simultaneously, and therefore, the authors suggest that the dynamic can be better understood by focusing on the interplay and analyze the concepts separately.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"19 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2022-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73723196","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 : 2022-12-12DOI: 10.1108/jsma-06-2022-0112
L. Xu
PurposeThe purpose of this study is to study the impact of the chief executive officer (CEO) general work experience on the level of firm internationalization in the form of foreign direct investment.Design/methodology/approachThe author collects and analyzes data on publicly traded US firms in the manufacturing sector from 1993 to 2012.FindingsThe author finds that CEOs with more general work experience tend to engage in a higher degree of foreign direct investment (FDI)-based internationalization. This relationship will be weakened by CEO stock ownership and enhanced by CEO Ivy League education.Originality/valueThis study enriches the understanding of the important role top managers play in internationalization decisions. The study also contributes to the literature on managerial risk-taking by exploring the outcomes of managerial risk-taking, which have been less studied than the antecedents.
{"title":"CEO general work experience and FDI-based internationalization","authors":"L. Xu","doi":"10.1108/jsma-06-2022-0112","DOIUrl":"https://doi.org/10.1108/jsma-06-2022-0112","url":null,"abstract":"PurposeThe purpose of this study is to study the impact of the chief executive officer (CEO) general work experience on the level of firm internationalization in the form of foreign direct investment.Design/methodology/approachThe author collects and analyzes data on publicly traded US firms in the manufacturing sector from 1993 to 2012.FindingsThe author finds that CEOs with more general work experience tend to engage in a higher degree of foreign direct investment (FDI)-based internationalization. This relationship will be weakened by CEO stock ownership and enhanced by CEO Ivy League education.Originality/valueThis study enriches the understanding of the important role top managers play in internationalization decisions. The study also contributes to the literature on managerial risk-taking by exploring the outcomes of managerial risk-taking, which have been less studied than the antecedents.","PeriodicalId":46229,"journal":{"name":"Journal of Strategy and Management","volume":"11 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73173182","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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