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Investment in innovation and international entrepreneurial performances of Chinese family businesses: from the perspective of intergenerational succession 中国家族企业创新投资与国际创业绩效:基于代际传承的视角
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-08-08 DOI: 10.1080/13602381.2023.2234186
Huatao Peng, Yuming Chang, Chen Zhou, Zhijian Zhang
ABSTRACT Innovation and international entrepreneurship are important paths for family businesses to achieve sustainable growth. However, there are few relevant studies on the development and inheritance of family businesses. This paper has taken China’s listed family businesses from 2007 to 2020 as a sample in order to explore how investment in innovation affects international entrepreneurial performances. The study found that family businesses with high investments in innovation had lower international entrepreneurial performances. When family businesses are inherited by the firstborn or managed by multiple generations, the degree of this negative impact will increase, while heirs with overseas work experience will reduce the negative impact. The gender and overseas educational experience of the heirs will not have an impact on the negative relationship. These findings emphasize the heterogeneous role of intergenerational succession, revise some traditional inheritance views of Chinese family businesses and reveal the important role of reasonable intergenerational succession strategies in coordinating innovation and international entrepreneurship.
创新和国际创业是家族企业实现可持续发展的重要途径。然而,关于家族企业发展与传承的相关研究却很少。本文以2007 - 2020年中国上市家族企业为样本,探讨创新投资对国际创业绩效的影响。研究发现,在创新方面投入较多的家族企业,其国际创业绩效较低。当家族企业由长子继承或由多代人管理时,这种负面影响的程度会增加,而具有海外工作经历的继承人会减少负面影响。继承人的性别和海外教育经历不会对负相关关系产生影响。这些研究结果强调了代际传承的异质性作用,修正了中国家族企业传统的传承观,揭示了合理的代际传承策略在协调创新和国际创业中的重要作用。
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引用次数: 0
Family governance and strategic orientation of family firms in China: an institutional logics perspective 中国家族企业的家族治理与战略取向:制度逻辑视角
4区 管理学 Q3 BUSINESS Pub Date : 2023-08-08 DOI: 10.1080/13602381.2023.2256613
Qiang Liang, Xi Huang, Yuanrui Xu, Bo Wang
ABSTRACTFamily firms have attracted significant attention, prompting a surge of inquiry into their strategic choices. Drawing on institutional logics theory, we view the strategic choices of family firms as the interactive outcome of the dualistic system and the institutional environment. Empirical research conducted on listed family firms in China reveals that as family control increases, these firms tend to adopt conservative strategies. However, this relationship is influenced by the institutional environment. Specifically, the positive association is strengthened as marketization progresses but weakened as religious culture intensifies. These findings shed light on how the behavioural characteristics and strategic decisions of family firms, as an integral part of Chinese culture, are shaped and influenced by regional cultural institutions. We contend that during the process of marketization transformation, it is crucial to establish an internal culture within family firms that can reconcile the contradictions of internal logics. Additionally, significant importance should be placed on adapting to and leveraging the external institutional environment.KEYWORDS: Institutional logics theoryChinese family firmsstrategic orientationmarketizationtraditional culture Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationFundingThis work was supported by the National Natural Science Foundation of China [No. 71972119; No.72272090], Provincial major research projects in Guangdong universities [No.2022WCXTD006] and the STU Scientific Research Initiation Grant [No. STF22027].Notes on contributorsQiang LiangQiang Liang is a Professor at the School of Business, Shantou University. He obtained his PhD from Sun Yat-sen University. His research focuses on family firm and innovation. He has published many papers in English and Chinese journals such as Chinese Management Studies, Asia Pacific Journal of Management, Journal of Business Ethics, Management World, etc.Xi HuangXi Huang is a graduate student at the School of Business, Shantou University. His research focuses on family firm and innovation.Yuanrui XuYuanrui Xu is a graduate student at the School of Business, Shantou University. Her research focuses on family firm and innovation.Bo WangBo Wang is an Assistant Professor at the School of Business, Shantou University. He obtained his PhD from Sun Yat-sen University. His research focuses on family firm, entrepreneurship and institution. He has published many papers in English and Chinese journals such as Management World, Nankai Business Review, etc.
摘要家族企业的战略选择问题引起了人们的广泛关注。运用制度逻辑理论,认为家族企业的战略选择是二元体制与制度环境相互作用的结果。对中国上市家族企业的实证研究表明,随着家族控制权的增加,这些企业倾向于采取保守策略。然而,这种关系受到制度环境的影响。具体而言,随着市场化进程的推进,这种正向关联会增强,但随着宗教文化的强化,这种正向关联会减弱。这些发现揭示了作为中国文化组成部分的家族企业的行为特征和战略决策是如何受到地域文化制度的塑造和影响的。我们认为,在市场化转型的过程中,家族企业内部文化的建立是调和内部逻辑矛盾的关键。此外,应十分重视适应和利用外部体制环境。关键词:制度逻辑理论中国家族企业战略取向市场化传统文化披露声明作者未发现潜在利益冲突附加信息:基金资助:国家自然科学基金[No. 1];71972119;广东省高校重大科研项目[72272090];2022WCXTD006]和STU科研启动基金[No. 2022WCXTD006];STF22027]。作者简介梁强,汕头大学商学院教授。他在中山大学获得博士学位。他的研究重点是家族企业与创新。曾在《中国管理研究》、《亚太管理学报》、《商业伦理学报》、《管理世界》等中英文期刊上发表多篇论文。他的研究重点是家族企业与创新。徐元睿,汕头大学商学院研究生。她的研究重点是家族企业和创新。王博,汕头大学商学院助理教授。他在中山大学获得博士学位。他的研究重点是家族企业、企业家精神和制度。在《管理世界》、《南开商业评论》等中英文期刊上发表多篇论文。
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引用次数: 0
Digital economy, enterprise digital transformation, and digital business model: evidence from China 数字经济、企业数字化转型与数字化商业模式:来自中国的证据
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-28 DOI: 10.1080/13602381.2023.2241762
Mingjun Hou
Rights Performance and Reporting: The Impact of Women Managers.” Journal of Business Ethics 180 (2): 523–542. https://doi.org/10.1007/s10551-021-04913-1 . Parveen, K., P. Q. B. Tran, A. A. Alghamdi, E. Namaziandost, S. Aslam, and T. Xiaowei. 2022. “Identifying the Leadership Challenges of K-12 Public Schools During COVID-19 Disruption: A Systematic Literature Review.” Frontiers in Psychology 13. https://doi.org/10.3389/fpsyg.2022.875646 . Raven, B. H. 1965. “Social Influence and Power.” In Current Studies in Social Psychology, edited by D. Steiner and M. Fishbein, 371–382. New York: Holt, Rinehart and Winston. Reed, G. E. 2004. “Toxic Leadership.” Military Review 84 (4): 67–71. Waters, T., and Waters, D. 2015. “The Distribution of Power with the Gemeinschaft: Classes, Stände, Parties.“ Translated by Dagmar Waters and Tony Waters. In Weber’s Rationalism and Modern Society: New Translations on Politics, Bureaucracy and Social Stratification, edited by Dagmar Waters and Tony Waters, 37–85. New York: Palgrave MacMillan.
《权利、表现和报告:女性管理者的影响》商业道德学报,2008(2):523 - 522。https://doi.org/10.1007/s10551 - 021 - 04913 - 1。Parveen, K. P. Q. B. Tran, A. A. Alghamdi, E. Namaziandost, S. Aslam和T. Xiaowei. 2022。“确定K-12公立学校在COVID-19中断期间的领导力挑战:系统文献综述。”心理学前沿https://doi.org/10.3389/fpsyg.2022.875646。雷文,b.h. 1965。“社会影响与权力”。《当代社会心理学研究》,D. Steiner和M. Fishbein主编,第371-382页。纽约:霍尔特,莱因哈特和温斯顿。里德,g.e. 2004。“有毒的领导。”军事评论84(4):67-71。沃特斯,T.和沃特斯,D. 2015。权力分配与联邦制:阶级,Stände,政党。Dagmar Waters和Tony Waters翻译。韦伯的《理性主义与现代社会:关于政治、官僚制和社会分层的新翻译》,达格玛·沃特斯和托尼·沃特斯主编,第37-85页。纽约:Palgrave MacMillan出版社。
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引用次数: 0
Implementing global corporate social responsibility locally: the example of multinational enterprises and international joint ventures in Myanmar 在当地落实全球企业社会责任:跨国企业和国际合资企业在缅甸的例子
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-27 DOI: 10.1080/13602381.2023.2239736
T. Andrews, Khongphu Nimanandh, C. Rowley, K. Htun, K. Kowsuvon
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引用次数: 0
K-pop music diffusion in Korea and East Asia: the convergence of visual technology and concrete narratives 韩国流行音乐在韩国和东亚的传播:视觉技术和具体叙事的融合
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-26 DOI: 10.1080/13602381.2023.2237908
T. Malik
ABSTRACT This study explores the diffusion of Korean popular music (K-Pop) across East Asian countries and aims to understand why it has undergone such fast diffusion throughout the region. For this research, a multilevel model analysis is conducted to examine the role of concrete and abstract narratives in music industry diffusion. The results suggest that the entry of visual technologies into pop music has increased diffusion over that enabled by acoustic technology alone. Concrete narratives moderate the link between visual technology and music industry diffusion. Together, concrete technology and narrative produce positive results compared to those of either alone. Among countries, Korea and Japan are more closely related in terms of technology and narratives than, for instance, China and Vietnam, which also differ from one another. This study provides important insights into K-Pop diffusion and sheds light on the factors that influence the music industry’s growth in the East Asian region.
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引用次数: 1
Leading digital business model transformation in the K-pop industry: the case of SM Entertainment 引领韩国流行音乐产业的数字化商业模式转型:以SM娱乐为例
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-13 DOI: 10.1080/13602381.2023.2229761
Jaeyoung Cho, Yiyang Bian, Jangwoo Lee
ABSTRACT Despite the role of digital technologies in increasing the popularity of K-pop, little is known about how K-pop entertainment companies digitally transform their business models and the driving forces that shape this transformation. In this study, we present an in-depth case study of a pioneering K-pop entertainment company, SM Entertainment, whose founder’s charismatic leadership and organizational capabilities contribute to the digital transformation of its business model through market-pioneering strategies and strategic learning derived from continuous interactions with changing business environments. This transition to the digital business model ultimately leads to sustainable competitive advantages in the marketplace. The important theoretical and practical implications of the findings are discussed.
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引用次数: 1
K-pop’s internationalization in the product adaptation and the upstream music supply chain in Korea, China, Japan, and the West K-pop在韩国、中国、日本和西方的产品改编和上游音乐供应链的国际化
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-11 DOI: 10.1080/13602381.2023.2230156
B. Kim, Byeongwoo Kang
ABSTRACT The success of Korean popular music (K-pop) in foreign markets has attracted considerable attention from researchers. Previous studies have highlighted the factors in K-pop’s international success, such as its idol management system, marketing strategies, and digital distribution channels. However, to the best of our knowledge, the contributions of product adaptation and upstream music supply chains to K-pop’s international success have received little attention. To substantiate this argument, we analyse the formula setting of K-pop from the 1990s to the present and the efforts of the founders of entertainment agencies (e.g. SM, JYP, and YG) to model their success in the global market. The argument presented here theoretically contributes to international business studies and has implications for the success of intangible products in foreign markets.
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引用次数: 0
Empowering women for leadership roles in the post-pandemic era 增强妇女在大流行后时代发挥领导作用的能力
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-10 DOI: 10.1080/13602381.2023.2233818
Sijia Liu
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引用次数: 0
The role of internal control and digital transformation between political connections and financial performance: evidence from China 内部控制和数字化转型在政治关系和财务绩效之间的作用:来自中国的证据
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-10 DOI: 10.1080/13602381.2023.2220606
Yue Zhang, Chunxing Pan, Shu-Yi Meng, Kun Wang
ABSTRACT Political connections are the main social resource of a company. Internal control and digital transformation are different tools that increase the efficient distribution of resources. This study explores the relationship between executive political connections and financial performance. It also examines the function of internal control quality and digital transformation in terms of this relationship. We used data from Chinese A-share listed companies as a sample. The results suggest that having political connections can significantly improve financial performance and that the quality of internal control plays a partial mediating role in state-owned enterprises. Moreover, when digital transformation is taken as a moderating variable, the role of political connections or internal control in enterprise performance will be weakened. Enterprises should take full advantage of political connections and establish a high-quality internal control system. When enterprises do not have political connections, they can actively carry out digital transformation to change the situation.
政治关系是企业的主要社会资源。内部控制和数字化转型是提高资源有效分配的不同工具。本研究探讨高管政治关系与财务绩效之间的关系。本文还从这一关系的角度考察了内部控制质量和数字化转型的作用。我们使用中国a股上市公司的数据作为样本。结果表明,政治关系对国有企业财务绩效有显著的改善作用,内部控制质量在国有企业财务绩效中起部分中介作用。此外,当将数字化转型作为调节变量时,政治关系或内部控制对企业绩效的作用将被削弱。企业应充分利用政治关系,建立高质量的内部控制制度。当企业没有政治关系时,可以积极进行数字化转型,改变现状。
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引用次数: 0
From Korea to the world: women’s role as peer-leaders in K-pop transnational online brand communities 从韩国到世界:女性在K-pop跨国网络品牌社区中的同行领导者角色
IF 2.9 4区 管理学 Q3 BUSINESS Pub Date : 2023-07-07 DOI: 10.1080/13602381.2023.2229744
P. Brassier
ABSTRACT Focusing on online brand communities (OBCs) centred around K-pop music consumption, this study explores the influential role of women as peer-leaders. By analysing data from Twitter using social network analysis (SNA) and sentiment analysis techniques, we observe that (1) OBCs naturally form transnational consumer segments, (2) where peer leadership emerges organically, and (3) women often occupy these leadership positions due to their social capital and engagement in relevant conversation topics. This study contributes to demonstrating the increasing empowerment of women in a realm that has long been criticized for its portrayal of gender-related issues.
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引用次数: 1
期刊
Asia Pacific Business Review
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