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Taking the Path Less Traveled: How Responsible Leadership Addresses a Grand Challenge in Public Health, a Case Study from China 走少有人走的路:负责任的领导如何应对公共卫生领域的重大挑战,来自中国的案例研究
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-03 DOI: 10.1017/mor.2022.54
Zhi-Xue Zhang, Xiwei Yi, Yuntao Dong
ABSTRACT This study unpacks how responsible leadership driven by a social mission can accomplish both social objectives and financial goals to support an organization's survival. We focus on a social enterprise in the healthcare industry in China and examine how it balances its social mission and economic goals by enlarging the capacity of medical institutions and providing high-quality services to a high number of patients. Through our analysis of the case firm, we reveal the motivation and actions of an entrepreneur in establishing a socially responsible firm and the social implications of responsible leadership in operating such an enterprise. We provide an important supplement and extension to the work of Smith and Besharov (2019) by demonstrating how a responsible leader in China manages the process of balancing social and economic goals. We further contribute to the understanding of how a socially responsible firm can improve the healthcare industry and the reform of China's healthcare.
摘要本研究揭示了由社会使命驱动的负责任领导如何实现社会目标和财务目标,以支持组织的生存。我们关注中国医疗保健行业的一家社会企业,研究它如何通过扩大医疗机构的能力和为大量患者提供高质量服务来平衡其社会使命和经济目标。通过对案例公司的分析,我们揭示了企业家建立社会责任公司的动机和行为,以及负责任领导在运营此类企业中的社会影响。我们通过展示一位负责任的中国领导人如何管理平衡社会和经济目标的过程,为Smith和Besharov(2019)的工作提供了重要的补充和延伸。我们进一步有助于理解一家对社会负责的公司如何改善医疗保健行业和中国医疗保健改革。
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引用次数: 0
The Roles of Supply Networks and Board Interlocks in Firms’ Technological Entry and Exit: Evidence from the Chinese Automotive Industry 供应网络和董事会联锁在企业技术进入和退出中的作用:来自中国汽车行业的证据
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-01 DOI: 10.1017/mor.2023.5
R. Aalbers, Rongkang Ma
ABSTRACT In this research, we explore how supply networks and board interlocks – as distinct, yet parallel interorganizational networks – jointly influence firms’ entry into new technology domains and exit from old technology domains. Drawing from the perspectives of social networks and organizational learning we highlight the relevance of the interdependency between these networks for a firm's technological entry and exit decisions. We argue that a firm that maintains a large number of supplier ties is more likely to enter new technology domains and exit from old technology domains instead. We further find empirical evidence that the degree centrality of a firm in its board interlock network strengthens these effects. Our theoretical arguments are supported through stochastic actor-based modeling analysis for the longitudinal and multilevel networks of 86 firms active in the Chinese automotive during 2011–2015. These findings inform the literature on interorganizational network dynamics as we insert relational pluralism to examine the complexities of organizational relationships as antecedents to a firms’ technological entry and exit. Finally, we imagine the implications of our analysis for management as they shed light on how multiple interorganizational relationships affect firms’ decisions on new technology entry and old technology exit. 摘要: 本研究探讨了供应网络和董事会连锁作为不同但平行的组织间网络是如何共同影响企业进入新技术领域和退出旧技术领域的。基于社会网络和组织学习视角,本文强调了这两类网络影响企业技术进入和退出决策的相互依赖性。本文认为保持大量供应商关系的企业更有可能进入新的技术领域以及退出旧的技术领域。同时,企业在董事会连锁网络中的中心度会增强这种效应。作者基于随机行动者模型,对2011-2015年间中国汽车行业86家公司的数据进行了多层次纵向网络实证分析,结果支持了本文的理论观点。本研究引入关系多元化视角,来揭示组织间网络关系复杂性对于企业技术进入和退出的影响,丰富了组织间网络动态相关文献。同时,对于企业通过管理多重组织间关系进而做出新技术进入和旧技术退出决策具有重要实践启示。
ABSTRACT In this research, we explore how to supply networks and board interlocks – as distinct, yet parallel organizational networks – joint influence firms'entry into new technology domains and exit from old technology domains Drawing from the perspectives of social networks and organizational learning we highlight the relevance of the interdependence between these networks for a firm's technical entry and exit decisions We argue that a firm that maintains a large number of supplier ties is more likely to enter new technology domains and exit from old technology domains installed We further found empirical evidence that the degree centrality of a firm in its board interlock network strengths these effects Our theoretical arguments are supported through stochastic actor based modeling analysis for the long-term and multi-level networks of 86 firm active in the Chinese automotive period 2011-2015 These findings inform the quality on organizational network dynamics as we insert relational arrangements to examine the complexity of organizational relationships as Antecedents to a firms'technical entry and exit Finally, we imagine the implications of our analysis for management as they shed light on how multiple organizational relationships affect firm decisions on new technology entry and old technology exit Abstract: This study explores how supply networks and board chains, as distinct but parallel inter organizational networks, collectively influence enterprises' entry into new technology fields and exit from old technology fields. Based on the perspectives of social networks and organizational learning, this article emphasizes the interdependence of these two types of networks in influencing enterprise technology entry and exit decisions. This article believes that enterprises that maintain a large number of supplier relationships are more likely to enter new technological fields and exit old ones. At the same time, the centrality of the enterprise in the board chain network will enhance this effect. The author conducted a multi-level vertical network empirical analysis of data from 86 companies in the Chinese automotive industry from 2011 to 2015 based on a random actor model, and the results supported the theoretical viewpoint of this article. This study introduces a diversified perspective of relationships to reveal the impact of the complexity of inter organizational network relationships on enterprise technology entry and exit, enriching relevant literature on inter organizational network dynamics. At the same time, it has important practical implications for enterprises to make decisions on new technology entry and old technology exit by managing multiple organizational relationships.
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引用次数: 0
Containment Measures and Business Confidence in COVID Times: A Global Study COVID时代的遏制措施和商业信心:一项全球研究
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-01 DOI: 10.1017/mor.2023.1
Paula Margaretic, Diego Finchelstein, Agustín Sotelo
ABSTRACT In this article, we take a global perspective to assess the impact of the exogenous COVID pandemic shock on business confidence. Through a quantitative analysis of 31 advanced and 12 emerging economies over the period from January 2018 to December 2020, we provide a novel investigation of a unique worldwide event, in contrast to the most frequent exogenous shocks, which typically have a more limited local or regional scope. We proxy business expectations with the business confidence indicator or BCI. First, we find that the containment measures for the COVID pandemic have negatively affected business confidence, with the compulsory policies having a greater negative effect on BCI than the voluntary ones. Second, we find positive spillover effects on the local BCIs from the containment measures implemented in neighboring countries. This suggests that business people are not against compulsory measures per se, but rather that they are less inclined to assume the costs of these. Third, we find that while the severity of containment measures has been greater in emerging countries, the negative impact on BCI of these containment measures has been larger in advanced economies. 摘要: 本文采用全球视角来评估新冠疫情带来的外源性休克给企业家经商信心带来的影响。通过对31个发达经济体和12个发展中经济体从2018年1月至2020年12月数据的量化分析,我们对该全球性事件进行了调研。使用企业家的 “商业期待” 来代表其经商信心,我们发现了几个重要结果。首先,新冠防疫措施挫伤了经商信心,措施越严厉,负面效应越大。其次,邻国由于疫情措施对经商信心的挫伤会产生溢出效应,而影响本地企业家的经商信心。第三,虽然发展中经济体的防疫措施更加严厉,但其负面影响却在发达经济体中更大。
在本文中,我们以全球视角评估外源性COVID大流行冲击对商业信心的影响。通过对2018年1月至2020年12月期间31个发达经济体和12个新兴经济体的定量分析,我们对一个独特的全球事件进行了新颖的调查,与最频繁的外生冲击形成鲜明对比,后者通常具有更有限的局部或区域范围。我们用商业信心指数(BCI)来代替商业预期。首先,我们发现,新冠疫情防控措施对企业信心产生了负面影响,强制性政策对BCI的负面影响大于自愿性政策。二是周边国家防控措施对当地城市基础设施的正向溢出效应。这表明,商界人士并不反对强制措施本身,而是不太愿意承担这些措施的成本。第三,我们发现,虽然遏制措施在新兴国家的严厉程度更大,但这些遏制措施对发达经济体的BCI的负面影响更大。摘要: 本文采用全球视角来评估新冠疫情带来的外源性休克给企业家经商信心带来的影响。通过对31个发达经济体和12个发展中经济体从2018年1月至2020年12月数据的量化分析,我们对该全球性事件进行了调研。使用企业家的 “商业期待” 来代表其经商信心,我们发现了几个重要结果。首先,新冠防疫措施挫伤了经商信心,措施越严厉,负面效应越大。其次,邻国由于疫情措施对经商信心的挫伤会产生溢出效应,而影响本地企业家的经商信心。第三,虽然发展中经济体的防疫措施更加严厉,但其负面影响却在发达经济体中更大。
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引用次数: 0
Letter from the Editor 编辑来信
4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-01 DOI: 10.1017/mor.2023.8
An abstract is not available for this content. As you have access to this content, full HTML content is provided on this page. A PDF of this content is also available in through the ‘Save PDF’ action button.
此内容没有摘要。当您可以访问此内容时,该页上会提供完整的HTML内容。此内容的PDF也可以通过“保存PDF”操作按钮获得。
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引用次数: 0
Too Much of a Good Thing: Downsides of a Large Social Network and Moderating Effects of Political Skill 好事太多:大型社交网络的负面影响和政治技能的调节作用
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-01 DOI: 10.1017/mor.2023.6
Yi Chen, W. Boh, Sze‐Sze Wong, Jun Shao
Abstract Existing research examining the curvilinear relationship between network centrality and performance tends to focus on the information recipients’ perspective. Focusing on the information providers’ perspective, our study draws upon social exchange theory to demonstrate that the advice-giving centrality-performance relationship for information providers has an inverse U-shape due to decreasing benefits and increasing costs of maintaining more advice-giving ties. We further show that increasing advice-giving centrality increases the likelihood that individuals would become a hindrance to coworkers, as they become bottlenecks impeding efficient workflow. However, our study demonstrates that political skill enables them to overcome the interpersonal challenges associated with high advice-giving centrality. Specifically, individuals with high political skills can better convert advice-giving ties to resources that could assist their cooperation with coworkers, reducing the hindrance they impose. Overall, we provide insights into the trade-off between the benefits and costs of advice-giving ties from a social exchange perspective and examine political skill as an important mitigator of the downsides of large advice-giving networks – a key area that has been hitherto largely unexplored. 摘要: 现有文献在考察个体社交网络中心度和工作绩效之间的曲线关系时,往往聚焦于信息接收者的视角。本研究站在信息/建议提供者的角度,基于社会交换理论来推断:其建议的网络中心度与其工作绩效呈现倒U型的关系,因为维护与建议接受者的关系,会出现收益递减而成本递增的趋势。此外,建议提供者过高的网络中心度,会使他们成为高效工作流程的瓶颈,从而成为同事工作中的阻碍。我们的研究结果支持上述推论,同时表明,建议提供者的政治技能有助于克服其网络中心度带来的人际挑战。那些政治技能高的个体可以更好地将与建议接收者的关系,转化为有助于和同事开展合作的资源,从而减少同事设置的障碍。总的来说,我们从社会交换的视角解读了建议提供者与接受者关系中的利弊权衡,并考察了政治技能对建议网络的负面影响产生的重要缓解作用。
Abstract Existing research examining the curvature relationship between network centrality and performance tens to focus on the information recipients' perspective Focusing on the information providers' perspective, our study draws on social exchange theory to demonstrate that the advice giving centrality performance relationship for information providers has an inverse U-shape due to decreasing benefits and increasing costs of maintaining more advice giving tips We further show that increasing advice giving centrality increases the likehood that individuals would have come a hindrance to colleagues, as they have come bottlenecks affecting effective workflow How, our study demonstrates that political skill enablements they to overcome the interpersonal challenges associated with high advice giving centrality Specifically, individuals with high political skills can better convert advice giving ties to resources that could assist their cooperation with coworkers, reducing the hindrance they pose Overall, we provide insights into the trade off between the benefits and costs of advice giving ties from a social exchange perspective and examine political skills as an important initiator of the downstream of large advice giving networks - a key area that has been hidden to large unexplored Abstract: Existing literature often focuses on the perspective of information recipients when examining the curve relationship between individual social network centrality and job performance. This study stands from the perspective of information/suggestion providers and infers based on social exchange theory that the network centrality of their suggestions exhibits an inverted U-shaped relationship with their work performance, as maintaining the relationship with suggestion recipients will lead to a trend of diminishing returns and increasing costs. In addition, it is recommended that providers have excessively high network centrality, which can become bottlenecks in efficient workflows and hinder colleagues' work. Our research findings support the above inference and suggest that the political skills of the proposed provider can help overcome the interpersonal challenges posed by their network centrality. Individuals with high political skills can better transform their relationships with suggestion recipients into resources that facilitate collaboration with colleagues, thereby reducing obstacles set by colleagues. Overall, we have interpreted the trade-offs in the relationship between suggestion providers and recipients from the perspective of social exchange, and examined the important mitigating effect of political skills on the negative impact of suggestion networks.
{"title":"Too Much of a Good Thing: Downsides of a Large Social Network and Moderating Effects of Political Skill","authors":"Yi Chen, W. Boh, Sze‐Sze Wong, Jun Shao","doi":"10.1017/mor.2023.6","DOIUrl":"https://doi.org/10.1017/mor.2023.6","url":null,"abstract":"Abstract Existing research examining the curvilinear relationship between network centrality and performance tends to focus on the information recipients’ perspective. Focusing on the information providers’ perspective, our study draws upon social exchange theory to demonstrate that the advice-giving centrality-performance relationship for information providers has an inverse U-shape due to decreasing benefits and increasing costs of maintaining more advice-giving ties. We further show that increasing advice-giving centrality increases the likelihood that individuals would become a hindrance to coworkers, as they become bottlenecks impeding efficient workflow. However, our study demonstrates that political skill enables them to overcome the interpersonal challenges associated with high advice-giving centrality. Specifically, individuals with high political skills can better convert advice-giving ties to resources that could assist their cooperation with coworkers, reducing the hindrance they impose. Overall, we provide insights into the trade-off between the benefits and costs of advice-giving ties from a social exchange perspective and examine political skill as an important mitigator of the downsides of large advice-giving networks – a key area that has been hitherto largely unexplored. 摘要: 现有文献在考察个体社交网络中心度和工作绩效之间的曲线关系时,往往聚焦于信息接收者的视角。本研究站在信息/建议提供者的角度,基于社会交换理论来推断:其建议的网络中心度与其工作绩效呈现倒U型的关系,因为维护与建议接受者的关系,会出现收益递减而成本递增的趋势。此外,建议提供者过高的网络中心度,会使他们成为高效工作流程的瓶颈,从而成为同事工作中的阻碍。我们的研究结果支持上述推论,同时表明,建议提供者的政治技能有助于克服其网络中心度带来的人际挑战。那些政治技能高的个体可以更好地将与建议接收者的关系,转化为有助于和同事开展合作的资源,从而减少同事设置的障碍。总的来说,我们从社会交换的视角解读了建议提供者与接受者关系中的利弊权衡,并考察了政治技能对建议网络的负面影响产生的重要缓解作用。","PeriodicalId":47798,"journal":{"name":"Management and Organization Review","volume":"19 1","pages":"316 - 347"},"PeriodicalIF":2.9,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41720499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
MOR volume 19 issue 2 Cover and Front matter MOR第19卷第2期封面和封面问题
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-04-01 DOI: 10.1017/mor.2023.15
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引用次数: 0
Group Polarization in Board Decisions about Strategic Change: Evidence from Chinese Publicly Listed Companies (2008–2018) 战略变革董事会决策中的群体极化:来自中国上市公司的证据(2008-2018)
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-03-30 DOI: 10.1017/mor.2022.58
Ming Zhang, Xufei Ma, Weihong Chen, Hailin Lan
ABSTRACT Strategic management scholars have shown increasing interest in explaining strategic change from the perspective of cognitive bias. However, most studies focus on individual cognitive bias but pay little attention to group cognitive bias. This study introduces a typical group cognitive bias (group polarization) to explain strategic change decisions made by the board of directors. Following the theory of group polarization, we argue that, when the average prior strategic change experienced in performance decline by board directors is relatively high (or low), the focal strategic change in performance decline will become even higher (or lower). We further contend that the proportion of female directors and board versus CEO power as the contingencies can mitigate this group polarization effect. Our hypotheses were strongly supported by a longitudinal sample of Chinese publicly listed companies during 2008–2018. The study's framework and findings contribute to the contextualization of social psychology research on group polarization in the study of board's strategic decision-making.
战略管理学者对从认知偏差的角度解释战略变革越来越感兴趣。然而,大多数研究关注的是个体认知偏差,而对群体认知偏差的关注较少。本研究引入一种典型的群体认知偏差(群体极化)来解释董事会的战略变革决策。根据群体极化理论,我们认为,当董事在业绩下降中经历的平均先验战略变革相对较高(或较低)时,其在业绩下降中的焦点战略变革会更高(或更低)。我们进一步认为,女性董事和董事会比例与CEO权力作为偶然性可以缓解这种群体极化效应。我们的假设得到了2008-2018年中国上市公司纵向样本的有力支持。本研究的框架和结果有助于将董事会战略决策研究中群体极化的社会心理学研究情境化。
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引用次数: 0
Exploration–Exploitation Duality with Both Tradeoff and Synergy: The Curvilinear Interaction Effects of Learning Modes on Innovation Types 权衡与协同的探索-开发二元性:学习模式对创新类型的曲线互动效应
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-03-16 DOI: 10.1017/mor.2022.49
P. Li, Heng Liu, Yuan Li, Haifeng Wang
ABSTRACT How can a firm apply the appropriate interaction between exploration and exploitation with the goal of either radical or incremental innovation? In this study, we seek to answer this puzzling question by reframing exploitation and exploration as a duality of learning (i.e., two modes that are partial complementary for synergy as well as partial conflicting for tradeoff). Specifically, rather than assuming either a positive or negative interaction between exploration and exploitation as prior literature has done, our study highlights a novel pattern of inverted U-shaped interaction between exploration and exploitation for both radical and incremental innovations. With a Chinese sample of 508 firms, our empirical evidence supports our prediction of two patterns of inverted U-shaped interaction of exploration and exploitation. Such unique findings showcase the unique value of reframing paradox into duality from the meta-perspective of yin-yang balancing to shed new light on organizational ambidexterity and innovation management.
企业如何将探索和开发之间的适当互动应用于激进创新或渐进式创新的目标?在本研究中,我们试图通过将开发和探索重新定义为学习的二元性来回答这个令人困惑的问题(即,两种模式在协同作用中部分互补,在权衡中部分冲突)。具体来说,我们的研究并没有像之前的文献那样假设勘探和开发之间存在积极或消极的相互作用,而是强调了激进创新和渐进式创新的勘探和开发之间存在一种倒u型相互作用的新模式。以中国508家企业为样本,我们的实证证据支持了我们对勘探和开发两种倒u型互动模式的预测。这些独特的发现显示了从阴阳平衡的元视角将悖论重新构建为二元性的独特价值,为组织双重性和创新管理提供了新的视角。
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引用次数: 5
Board Interlock Tenure and Firm Internationalization 董事会任期与企业国际化
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-03-13 DOI: 10.1017/mor.2022.45
Ziyan Zhu, Ziliang Deng
ABSTRACT To overcome liabilities of foreignness and outsidership during internationalization, board interlock is an effective conduit of foreign knowledge inflows and organizational learning that firms require. We focus on the time dimension of such influence and hypothesize that the tenure of board interlocks with firms with experience in outward foreign direct investment (OFDI) in a country promotes the OFDI decision of the focal firm to that particular country. However, such an effect diminishes as the tenure of interlock ties increases. Moreover, as an alternative knowledge source, OFDI knowledge from the focal firm's neighboring region may weaken the baseline effect. Based on longitudinal data of listed firms in China, our empirical results support the hypotheses. This study enriches the literature on social network learning by identifying its temporal nature and the substitution between different knowledge sources. It also demonstrates the importance of rotating a firm's board members, so that knowledge acquisition and learning remain fresh. 摘要 为了克服企业在国际化过程中遇到的外来者劣势或局外人劣势,企业常常通过建立连锁董事进行组织学习并获取国际知识。本研究关注连锁董事任职时间长短的效应,假设虽然与其他拥有对某一国家的对外直接投资经验企业建立连锁董事会促进本企业对同一国家的对外直接投资决策,但这种影响会随着连锁董事任期的增长而减弱。与此同时,企业拥有的对所在区域的对外直接投资知识可以削弱连锁董事任期对企业国际化决策的影响。本研究采用中国上市公司的面板数据进行了回归分析,结果证实了所提假设。本研究表明,企业在社会网络中学习的时间维度和不同知识来源之间的替代都会影响企业的决策,因此丰富了社会网络学习的相关文献。同时,本研究也阐述了企业董事会成员轮换的重要性,因为只有这样才能获取知识并保持习得知识的新颖性。
ABSTRACT To overcome difficulties of foreign knowledge flows and organizational learning during internationalization, board interlock is an effective duration of foreign knowledge flows and organizational learning that firm requirements We focus on the time dimension of such influence and hyper size that the tension of board interlocks with firms with experience in outward foreign direct investment (OFDI) in a country promotes the OFDI decision of the focal firm to that specific country How, such an effect diminishes as the tension of interlock ties increases More than, as an alternative knowledge source, OFDI knowledge from the focal firm's neighboring region may weaken the baseline effect Based on long-term data of listed firms in China, our empirical results support the hypotheses This study enriches the quality on social network learning by identifying its temporary nature and the substitution between different knowledge sources It also demonstrates the importance of rotating a firm's board members, so that knowledge acquisition and learning remain fresh In order to overcome the disadvantages of outsiders or outsiders encountered by enterprises in the process of internationalization, companies often establish chain directors for organizational learning and acquire international knowledge. This study focuses on the effect of the length of tenure of chain directors. It is assumed that although establishing a chain board with other companies with experience in outward direct investment in a certain country promotes the company's outward direct investment decisions in the same country, this impact will weaken as the tenure of chain directors increases. At the same time, the knowledge of foreign direct investment in the region that a company possesses can weaken the impact of the tenure of chain directors on the company's internationalization decisions. This study used panel data from Chinese listed companies for regression analysis, and the results confirmed the proposed hypothesis. This study indicates that the time dimension of learning in social networks and the substitution between different knowledge sources can both affect the decision-making of enterprises, thus enriching the relevant literature on social network learning. At the same time, this study also elucidates the importance of rotating board members in enterprises, as only in this way can knowledge be acquired and the novelty of acquired knowledge be maintained.
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引用次数: 0
Choosing Beyond Compliance Over Dormancy: Corporate Response to India's Mandatory CSR Expenditure Law 选择超越合规而非休眠:企业对印度强制性CSR支出法的回应
IF 2.9 4区 管理学 Q3 MANAGEMENT Pub Date : 2023-03-10 DOI: 10.1017/mor.2022.57
Shalini Jain, Naman Desai, Viswanath Pingali, Arindam Tripathy
ABSTRACT This article examines whether firms engaged in high levels of voluntary CSR (corporate social responsibility) alter their strategic choices in response to detrimental public policy – specifically India's Companies Act (2013) that mandates qualifying firms to spend 2% of their three-year average net profits on CSR. Drawing on the concept of organizational dormancy, we argue that firm capabilities, political awareness, exposure to political pluralism, and ownership identity may explain choice heterogeneity among these firms. Our key and non-intuitive finding is that even in the absence of discretionary choice in determining optimal CSR expenditure, firms are less likely to choose dormancy and instead embrace and even surpass the stipulations of the law in their CSR contributions. Also, politically aware firms are more likely to opt for dormancy over compliance. Managerial and policy implications are discussed.
本文考察了从事高水平自愿CSR(企业社会责任)的公司是否会改变其战略选择,以应对有害的公共政策-特别是印度公司法(2013年),该法案要求符合条件的公司将其三年平均净利润的2%用于企业社会责任。根据组织休眠的概念,我们认为企业能力、政治意识、对政治多元化的暴露和所有权认同可以解释这些企业之间的选择异质性。我们的关键和非直觉的发现是,即使在确定最优CSR支出时没有自由选择,企业也不太可能选择休眠,而是接受甚至超越法律对其CSR贡献的规定。此外,有政治意识的公司更有可能选择蛰伏,而不是遵从。讨论了管理和政策影响。
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引用次数: 0
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Management and Organization Review
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