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No More the Nice Guy: Coping with Abusive Supervision through Service Sabotage Behaviours 不再当好人通过破坏服务的行为应对虐待性监督
IF 2.3 Q3 BUSINESS Pub Date : 2024-08-08 DOI: 10.1177/09721509241261249
Shalini Srivastava, Pragya Gupta, Mamta Mohapatra
‘Atithi Devo Bhav’, implying that guests must be treated as Gods, is the philosophical belief of Indian society indicating the importance of treating the customers with utmost respect and courtesy. The current study examines service sabotage behaviours by utilizing time-lagged method to collect data in three waves from 332 employees from Indian hotel industry. The study highlights the effects of abusive supervision on the employees who perceive disrespect, public humiliation or rude supervisory behaviours towards them as breach of psychological contract, and they retaliate by displaying deviant workplace behaviour such as service sabotage. The unique proposition of the research is to investigate the sequential mediating role of psychological contract violation and retaliation intention on the relationship between abusive supervision and service sabotage. The research utilizes psychological contract theory and frustration–aggression theory to draw logical inferences from the findings. Findings indicate that when employees perceive mistreatment or injustice, they experience psychological contract violation that instigates an urge to retaliate against the unfair treatment by engaging in negative service behaviours, for example, sabotage. Therefore, the hospitality organizations must implement practices and processes to take care of any unjust, unfair or hostile behaviour at play in the organization, as the success of the industry is dependent on the service quality and frontline employees’ encounters with the customer. The study provides some interesting and useful managerial and theoretical implications.
Atithi Devo Bhav",意为 "必须像对待神一样对待客人",这是印度社会的哲学信仰,表明了以最大的尊重和礼貌对待客户的重要性。本研究采用时滞法,分三波收集了印度酒店业 332 名员工的数据,对服务破坏行为进行了研究。研究强调了滥用性监督对员工的影响,员工认为不尊重、当众羞辱或粗鲁的监督行为违反了他们的心理契约,他们通过表现出偏离工作场所的行为(如破坏服务)来进行报复。本研究的独特命题是探究心理契约违约和报复意向对虐待性监督与服务破坏之间关系的依次中介作用。研究利用心理契约理论和挫折-攻击理论对研究结果进行逻辑推理。研究结果表明,当员工感知到虐待或不公正时,他们就会出现心理契约违背,从而产生报复不公正待遇的冲动,做出负面的服务行为,如破坏服务。因此,酒店业的成功与否取决于服务质量和一线员工与顾客的接触情况,因此酒店业组织必须实施各种做法和流程,以应对组织中存在的任何不公正、不公平或敌对行为。本研究提供了一些有趣而有用的管理和理论启示。
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引用次数: 0
Exit or Non-exit? Case Study of Blackstone’s Stake Sale in Mphasis 退出还是不退出?Blackstone 出售 Mphasis 股份的案例研究
IF 2.4 Q3 BUSINESS Pub Date : 2024-06-21 DOI: 10.1177/09721509241258975
S. Veena Iyer
This case illustrates a specific type of private equity exit where the portfolio investment is sold to another fund of the same firm. This case highlights the differing motivations of the stakeholders involved and possible conflicts of interest, which can have ethical ramifications. While secondary sale exits are common in private equity, sale within the same firm is a recent phenomenon that gives rise to more conflicts of interest. This is one of few cases that gives prime space to the personal motivations of stakeholders and ethical issues, apart from the private equity business nuances. Written as a teaching case with the primary motive to drive home certain aspects of the workings of a private equity firm, it describes an unconventional exit made by Blackstone Inc. from one of its largest private equity investments in India, Mphasis Ltd. It has been built using secondary sources, particularly company documents and announcements, besides media reports surrounding the event. We conclude that the compensation structures of the general and limited partners, respectively, come in the way of complete goal congruence and such deals lend themselves to more than the usual conflicts of interest. Unethical behaviour on the part of the general partners is especially possible, including continuous earning of fees and avoiding clawback. Ambiguity in private firms’ valuation adds to the possibility of unethical decision-making.
本案例说明了一种特殊类型的私募股权退出,即投资组合投资出售给同一家公司的另一只基金。本案例强调了相关利益方的不同动机和可能存在的利益冲突,这可能会产生道德影响。虽然二次出售退出在私募股权投资中很常见,但在同一公司内部出售是最近才出现的现象,会引发更多的利益冲突。除了私募股权业务的细微差别外,本案例是为数不多的对利益相关者的个人动机和道德问题给予主要篇幅的案例之一。作为一个教学案例,它的主要动机是让人们了解私募股权投资公司运作的某些方面,它描述了 Blackstone 公司从其在印度最大的私募股权投资之一 Mphasis Ltd. 的非常规退出。本报告利用二手资料,特别是公司文件和公告,以及围绕该事件的媒体报道来撰写。我们得出的结论是,普通合伙人和有限合伙人各自的报酬结构妨碍了目标的完全一致,此类交易引发的利益冲突远不止一般的利益冲突。普通合伙人的不道德行为尤其可能发生,包括持续赚取费用和避免回扣。私营公司估值的模糊性增加了不道德决策的可能性。
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引用次数: 0
Do Entrepreneurial Competencies Impact Competitive Agility and Entrepreneurial Satisfaction? Evidence from Startups in South Korea 创业能力影响竞争敏捷性和创业满意度吗?来自韩国初创企业的证据
IF 2.4 Q3 BUSINESS Pub Date : 2024-06-21 DOI: 10.1177/09721509241260365
Byeonghwa Park, Kihyun Kim, Sahrok Kim, Yongpil Geum
This study examines the effects of entrepreneurial competencies on competitive agility and entrepreneurial satisfaction of startups in a hypercompetitive Korean business environment. The study adopts a framework based on a resource-based view of the resources, capabilities and processes shaping a startup performance, considering vital drivers such as information technology competency, opportunity competency and competitive agility. It highlights that entrepreneurial success should not be solely limited to financial indicators, as entrepreneurial satisfaction of young startups is also crucial. A structural equation model was employed to analyze data from 638 South Korean startups that received government support. The results show that there is a positive relationship between information technology and opportunity competency on competitive agility. Information technology competency has a positive effect on opportunity competency. Further, competitive agility and opportunity competency have a positive effect on entrepreneurial satisfaction. Additionally, competitive agility mediates the positive relationship between opportunity competency and entrepreneurial satisfaction. The study concludes that, to be successful, startups need to align their entrepreneurial competencies in an agile manner to scan the market environment, seize business opportunities and transform capabilities into actions for improved entrepreneurial satisfaction outcomes. In summary, we suggest that small and mid-size startups can improve their entrepreneurial satisfaction outcomes by linking entrepreneurial competencies with entrepreneurial action process and competitive agility.
本研究探讨了在竞争激烈的韩国商业环境中,创业能力对初创企业竞争敏捷性和创业满意度的影响。研究采用了一个基于资源观的框架,对影响初创企业绩效的资源、能力和流程进行了分析,并考虑了信息技术能力、机遇能力和竞争敏捷性等重要驱动因素。研究强调,创业成功不应仅局限于财务指标,年轻初创企业的创业满意度也至关重要。研究采用结构方程模型分析了 638 家获得政府支持的韩国初创企业的数据。结果表明,信息技术能力和机会能力对竞争敏捷性有正向影响。信息技术能力对机会能力有积极影响。此外,竞争敏捷性和机会能力对创业满意度也有积极影响。此外,竞争敏捷性还能调节机会能力与创业满意度之间的正相关关系。研究得出结论,初创企业要想取得成功,就必须以敏捷的方式调整创业能力,扫描市场环境,抓住商机,并将能力转化为行动,从而提高创业满意度。总之,我们认为,中小型初创企业可以通过将创业能力与创业行动过程和竞争敏捷性联系起来,提高创业满意度。
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引用次数: 0
Cross-buying in Bancassurance Among Indian Customers: The Role of Cultural Collectivism and Key Influential Factors 印度客户在银行保险中的交叉购买:文化集体主义的作用和主要影响因素
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-13 DOI: 10.1177/09721509241257623
Anisa Jan, Tariq Aziz, Aijaz Khan
This study examines the factors influencing Indian bank customers’ decisions to purchase banking insurance. In addition to the factors concerning cross-buying intentions like trust, customer satisfaction, perceived value and image, the role of service innovation and corporate reputation have also been incorporated in the study. Moreover, the moderating role of cultural values like ‘collectivism’ has also been explored. Using a causal and descriptive research design, 351 customers of banking services completed questionnaires to contribute to the data set using snowball sampling. The path analysis reveals that perceived value, customer trust, image, customer satisfaction, corporate reputation and service innovation positively and significantly influence cross-buying intentions. The moderation results show that collectivism moderates the association between cross-buying intentions and its five antecedents, that is, perceived value, customer trust, image, customer satisfaction and service innovation, except for corporate reputation. The findings improve our knowledge of how different factors influence cross-buying from the customer’s viewpoint.
本研究探讨了影响印度银行客户购买银行保险决策的因素。除了信任、客户满意度、感知价值和形象等与交叉购买意愿相关的因素外,研究还纳入了服务创新和企业声誉的作用。此外,还探讨了 "集体主义 "等文化价值观的调节作用。采用因果和描述性研究设计,351 名银行服务客户填写了调查问卷,通过滚雪球式抽样为数据集做出了贡献。路径分析显示,感知价值、客户信任、形象、客户满意度、企业声誉和服务创新会对交叉购买意愿产生积极而显著的影响。调节结果显示,除企业声誉外,集体主义调节了交叉购买意愿与其五个前因(即感知价值、顾客信任、形象、顾客满意度和服务创新)之间的关联。这些研究结果增进了我们对从顾客角度看不同因素如何影响交叉购买的了解。
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引用次数: 0
Does Permanency Matter by Controlling Corporate Governance? Evidence from Emerging Economies 控制公司治理的长期性重要吗?新兴经济体的证据
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-13 DOI: 10.1177/09721509241251546
Muhammad Aksar, Shoaib Hassan, Javed Arshad, Iftikhar Ali Janjua
Prior studies captured the influence of managerial behaviour in terms of their efficiencies and abilities on firm performance. However, the impact of managerial performance permanency on firm performance is still a grey area. This study aims to compare the influence of managerial behaviour and its permanency on firm performance by controlling the effect of corporate governance. The data envelopment analysis has been used to capture the managerial behaviour, which considers the data for 11 years from 2009 to 2019. The data were gathered from 492 firms listed on the stock exchanges of Pakistan, Bangladesh and India. The influence of managerial behaviour and comparison between permanent and temporary organizational behaviour on firm performance has been tested using the generalized method of moments. The results showed that permanency in managerial behaviour has a more positive impact on firm performance than short-term managerial behaviour. The study’s outcome is helpful for the board of directors and policymakers to maintain stability in managerial behaviour in terms of their efficiencies to improve firm performance.
先前的研究从管理者的效率和能力方面探讨了管理行为对企业绩效的影响。然而,管理者绩效持久性对企业绩效的影响仍是一个灰色地带。本研究旨在通过控制公司治理的影响,比较管理行为及其持久性对公司绩效的影响。数据包络分析法用于捕捉管理行为,考虑了 2009 年至 2019 年 11 年的数据。数据收集自在巴基斯坦、孟加拉国和印度证券交易所上市的 492 家公司。使用广义矩方法检验了管理行为的影响以及永久性和临时性组织行为对公司业绩的影响。结果表明,与短期管理行为相比,长期管理行为对公司业绩的影响更为积极。研究结果有助于董事会和决策者保持管理行为在效率方面的稳定性,从而提高公司业绩。
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引用次数: 0
Assessing the Impact of COVID-19 on Banks’ Profitability: The Role of Size in an Emerging Economy 评估 COVID-19 对银行盈利能力的影响:新兴经济体中规模的作用
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-12 DOI: 10.1177/09721509241252416
A. B. Bortoluzzo, A. Minardi, M. Bortoluzzo, Marcella Magda de Abreu Andrade Fernandes
This work investigates the impact of the COVID-19 crisis on Brazilian banks’ profitability, and if the impact was stronger for smaller banks. Brazil was highly affected by COVID-19 crisis, has a highly concentrated banking sector, and is well known for the high technology of its financial market. We collected information from 42 banks on the quarterly financial statements available in Brazilian Central Banks during the period between January/2016 and March/2021. We ran Arellano–Bond generalized method of moments dynamic panel regression and our results confirm that the COVID-19 crisis negatively impacted the profitability of the Brazilian banks and that large banks were the most affected. Brazilian government adopted anti-crisis measures that relaxed regulations in order to decrease credit spreads. This may have alleviated the impact of the crises on small banks and also encouraged the appearance of fintech companies, which competed directly with banks.
这项研究探讨了 COVID-19 危机对巴西银行盈利能力的影响,以及这种影响是否对小型银行更为强烈。巴西受 COVID-19 危机的影响很大,银行业高度集中,金融市场技术含量高。我们收集了巴西中央银行提供的 42 家银行在 2016 年 1 月至 2021 年 3 月期间的季度财务报表信息。我们进行了 Arellano-Bond 广义矩法动态面板回归,结果证实 COVID-19 危机对巴西银行的盈利能力产生了负面影响,其中大型银行受到的影响最大。巴西政府采取了反危机措施,放宽监管以降低信贷息差。这可能减轻了危机对小型银行的影响,同时也鼓励了金融科技公司的出现,它们直接与银行展开竞争。
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引用次数: 0
The Relationship Between Board Gender Diversity, Firm Life Cycle and Corporate Risk-taking 董事会性别多样性、公司生命周期与公司风险承担之间的关系
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-11 DOI: 10.1177/09721509241253052
Sajid Mohy Ul Din, Ahmad Adeel, Sheher Yar Khan, Parsa Rani
This study examines the impact of board gender diversity on corporate risk-taking, moderated by the firm life cycle stages. Data from 200 non-financial firms listed on the Pakistan Stock Exchange (2018–2022) were analyzed using the system generalized method of moments. Corporate risk-taking, the dependent, was measured using systematic risk and total-risk proxies. Results showed that board gender diversity had an insignificant effect, firm life cycle had a negative significant impact, while the interaction term (board gender diversity and firm life cycle) showed a positively significant impact on risk-taking measured by total risk. In contrast, both factors, along with their interaction, positively influenced risk-taking when assessed through systematic risk. The study further segmented the firm life cycle into five distinct stages, finding that the impact of board gender diversity on risk-taking varied across stages. For instance, at the introduction and maturity stages, board gender diversity positively affected risk-taking for both proxies. However, at the growth and decline stages, its impact was insignificant. These findings suggest variability in the relationship between board gender diversity and risk-taking, potentially influenced by the choice of risk proxies. Theoretically, this study contributes to the body of knowledge on how a firm’s life cycle and board gender diversity influence corporate risk-taking. This study’s insight also holds significant implications for corporate governance and policymaking because, contrary to popular belief, the findings suggest that board gender diversity does not uniformly reduce risk-taking; instead, its impact varies with the firm’s life cycle stage.
本研究探讨了董事会性别多样性对企业风险承担的影响,并受企业生命周期阶段的调节。研究使用系统广义矩方法分析了在巴基斯坦证券交易所上市的 200 家非金融企业(2018-2022 年)的数据。公司风险承担作为因变量,使用系统风险和总风险代理指标进行衡量。结果显示,董事会性别多样性的影响不显著,公司生命周期的影响为负,而交互项(董事会性别多样性和公司生命周期)对以总风险衡量的风险承担有正向显著影响。相比之下,通过系统风险评估时,这两个因素及其交互作用对风险承担产生了积极影响。研究进一步将企业生命周期划分为五个不同阶段,发现董事会性别多元化对不同阶段风险承担的影响各不相同。例如,在导入期和成熟期,董事会性别多元化对两种代用指标的风险承担都有积极影响。然而,在成长和衰退阶段,其影响并不显著。这些研究结果表明,董事会性别多样性与风险承担之间的关系存在变异,可能受到风险代用指标选择的影响。从理论上讲,本研究为有关企业生命周期和董事会性别多样性如何影响企业风险承担的知识体系做出了贡献。本研究的见解还对公司治理和政策制定具有重要意义,因为与普遍观点相反,研究结果表明,董事会性别多元化并不会一致地减少风险承担;相反,其影响会随着公司的生命周期阶段而变化。
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引用次数: 0
A Study on How Celebrity Endorsements Affect Business Performance Through Evaluation of Consumer Preferences 通过评估消费者偏好研究名人代言如何影响企业业绩
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-08 DOI: 10.1177/09721509241257624
Pranjal Jain, Pooja Jain, Anju Jain
In contemporary advertising, celebrity endorsements have become pervasive, yet their effectiveness in influencing consumer preferences remains under scrutiny. We aim to explore the effect of cognition, affect and behaviour as antecedents to celebrity endorsement effectiveness. We applied source attractiveness theory, source credibility theory, meaning transfer model, match-up hypothesis and cognitive, affective and behavioural (CAB) model for developing our theoretical framework. The findings from our controlled experiment ( n = 1,283) challenge the assumption of a universally positive effect of celebrity endorsements. Our results show an asymmetric relationship where behaviour drives consumer preference to purchase, overriding the drag of cognition and affect. Additionally, the results indicate that celebrity endorsements drive immediate sales but contribute towards ad annoyance, irritation and disgust which could act as a second-generation effect to influence managerial decision-making.
在当代广告中,名人代言已变得无处不在,但其在影响消费者偏好方面的有效性却仍受到关注。我们旨在探讨认知、情感和行为对名人代言效果的影响。我们运用了来源吸引力理论、来源可信度理论、意义转移模型、匹配假说以及认知、情感和行为(CAB)模型来建立我们的理论框架。我们的对照实验(n = 1,283)结果挑战了名人代言具有普遍积极效应的假设。我们的结果显示了一种不对称的关系,即行为驱动了消费者的购买偏好,压倒了认知和情感的阻力。此外,研究结果表明,名人代言会促进直接销售,但也会造成广告烦扰、刺激和反感,这可能成为影响管理决策的第二代效应。
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引用次数: 0
Surplus Food Donations and Intentions to Throw Leftover Food: A Model and Empirical Analysis 剩余食物捐赠与丢弃剩饭剩菜的意愿:模型与实证分析
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-08 DOI: 10.1177/09721509241257253
Nadia Ashraf, Muhammad Danish Habib, Waqas Bin Khidmat, Marwa Awan
Limited studies are available on the drivers of surplus food donation and intentions to throw away leftover food, particularly for Pakistan’s developing economy. The current study covers this gap by constructing a research model that describes surplus food donations and intentions to throw leftover food in restaurants. The research model considers the four important drivers of food waste: Food quality, novelty, quantity and motives for taking away leftovers. This study conducted a cross-sectional survey comprised of 1,178 diners. The study findings show that food quality, novelty, quantity and motives for taking away leftovers are significantly related to food waste reduction behaviour (intentions to donate surplus food and throw leftovers brought home). In addition, the findings indicate that participants’ ages have a significant and direct influence on the behaviour of food waste reduction. This study made an effort to cover the gap by developing a model and testing it using Pakistani diners.
关于剩余食物捐赠的驱动因素和丢弃剩饭剩菜的意愿的研究非常有限,尤其是对巴基斯坦的发展中经济体而言。本研究通过构建一个研究模型,描述餐厅剩余食物捐赠和丢弃剩余食物的意愿,填补了这一空白。该研究模型考虑了造成食物浪费的四个重要因素:食物质量、新奇程度、数量和丢弃剩菜的动机。本研究对 1 178 名食客进行了横截面调查。研究结果表明,食物质量、新奇感、数量和带走剩菜的动机与减少食物浪费行为(捐赠剩余食物和将剩菜带回家扔掉的意愿)有显著关系。此外,研究结果表明,参与者的年龄对减少食物浪费的行为有着重要而直接的影响。本研究通过建立一个模型并利用巴基斯坦食客对其进行测试,努力弥补这一空白。
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引用次数: 0
Blockchain Adoption Strategy from the Perspective of Organization, Technology and Environment Theory: A Hybrid SEM and ANN Approach 从组织、技术和环境理论的角度看区块链采用战略:SEM和ANN混合方法
IF 2.4 Q2 Business, Management and Accounting Pub Date : 2024-06-07 DOI: 10.1177/09721509241255482
Alhamzah Alnoor, Abbas Gatea Atiyah, Sammar Abbas
Blockchain technology has revolutionized organizational and strategic processes and ways of doing business. Nonetheless, blockchain technology adoption strategy presents a persistent challenge to technology, organization and environment processes. The adoption of blockchain technology has attained the attention of scholars significantly. Though there is enormous research related to blockchain technology adoption; however, owing to the technological revolution and everyday inventions, there is always a need to continue research efforts to explore the opportunities, potential issues and factors that foster or hinder blockchain technology adoption. Our study is an effort in the same direction which is aimed to investigate the role of technology, organization and environment theory and innovation resistance theory in blockchain technology adoption strategy. This study targeted 42 oil supply companies in Iraq. Data were collected through 363 questionnaires distributed among the senior level employees including heads of departments and managers. The study used a hybrid artificial neural network (ANN) and partial least squares-structural equation modelling (PLS-SEM) approach to reveal the linear and non-linear relationships among the study variables. The findings confirmed the influence of technology, organization and environment theory and innovation resistance theory factors on blockchain technology adoption strategy in addition to the fully mediating role of innovation resistance theory. ANN results indicated that innovation resistance theory is the greatest contributing variable to the blockchain technology adoption strategy, subsequently regulatory uncertainty, data quality, network enhancement and technology volatility. Assessment of earlier works uncovered the scarcity of study on the subject of technology, organization and environment theory and innovation resistance theory in adopting blockchain technology. The findings revealed some important factors of blockchain technology adoption which are of worth to the oil companies’ managers to address the issue of resistance to blockchain technology adoption for better performance.
区块链技术彻底改变了组织和战略流程以及经营方式。然而,区块链技术应用战略对技术、组织和环境流程提出了持续挑战。区块链技术的采用已经引起了学者们的极大关注。虽然与区块链技术采用相关的研究非常多,但是,由于技术革命和日常发明,始终需要继续开展研究工作,探索促进或阻碍区块链技术采用的机遇、潜在问题和因素。我们的研究也是朝着这个方向努力,旨在研究技术、组织和环境理论以及创新阻力理论在区块链技术采用战略中的作用。本研究以伊拉克的 42 家石油供应公司为对象。通过向包括部门主管和经理在内的高级员工发放 363 份调查问卷收集数据。研究采用了混合人工神经网络(ANN)和偏最小二乘结构方程建模(PLS-SEM)方法来揭示研究变量之间的线性和非线性关系。研究结果证实了技术、组织与环境理论和创新阻力理论因素对区块链技术采用策略的影响,以及创新阻力理论的完全中介作用。方差网络结果表明,创新阻力理论是区块链技术采用策略的最大促进变量,其次是监管不确定性、数据质量、网络增强和技术波动性。对早期著作的评估发现,关于采用区块链技术中的技术、组织和环境理论以及创新阻力理论的研究很少。研究结果揭示了采用区块链技术的一些重要因素,这些因素值得石油公司的管理者解决采用区块链技术的阻力问题,以获得更好的绩效。
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引用次数: 0
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Global Business Review
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