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The IMPACT of FAMILY SOCIAL CAPITAL on RESOURCE DEPLOYMENT in CHINESE ENTREPRENEURIAL FIRMS 家庭社会资本对中国企业资源配置的影响
Q3 Business, Management and Accounting Pub Date : 2022-12-08 DOI: 10.53703/001c.36605
J. Woods, Gloria L. Sweida, P. Burley, H. Fang, Z. Xu
One of the most important determinants of performance for any firm is the unique bundle of resources the company possesses. To date, however, empirical results on whether “familiness” as an element of this resource bundle has a positive or negative impact on firm performance have been mixed (Dyer, 2018; Gottardo & Moisello, 2019; Oswald et al., 2009; Pitchayado et al., 2018). This paper employs structural equation modeling to examine how entrepreneurs in China’s Zhejiang Province include members of their nuclear families, extended kin networks, and professional networks in their top management teams to access different bundles of family and non-family human resources, leading to variance in firm performance results. We find firms that leverage “guanxi” (a particular concept of kin, common in China but not often employed as a construct in western-based research, which encompasses both extended family members and close friends) for industry, technical, or entrepreneurial expertise enjoy certain types of higher performance results. In comparison, firms that leverage nuclear family members for management or marketing expertise achieve certain types of lower performance results. Post-hoc analysis indicates that leveraging guanxi specifically for prior entrepreneurial experience or for technical expertise leads to greater employee growth and higher subjective assessment of success. Conversely, leveraging nuclear family members for management or technical expertise leads to lower levels of these same performance variables. However, only firm size, measured by number of employees at venture founding, is predictive of revenue growth.
任何公司业绩的最重要决定因素之一是公司拥有的独特资源。然而,到目前为止,关于“家庭关系”作为这一资源组合的一个要素对企业绩效的影响是积极的还是消极的,实证结果喜忧参半(Dyer,2018;戈塔多和莫伊塞洛,2019;奥斯瓦尔德等人,2009年;Pitchayado等人,2018)。本文采用结构方程模型研究了中国浙江省企业家如何将其核心家庭、扩展亲属网络和专业网络的成员纳入其高层管理团队,以获取不同的家庭和非家庭人力资源,从而导致企业绩效结果的差异。我们发现,利用“关系”(一种特殊的亲属概念,在中国很常见,但在西方研究中并不经常被用作一种结构,包括大家庭成员和亲密朋友)来获得行业、技术或创业专业知识的公司,会获得某些类型的更高绩效结果。相比之下,利用核心家族成员进行管理或营销专业知识的公司会获得某些类型的较低绩效结果。事后分析表明,利用关系专门用于先前的创业经验或技术专长,可以促进员工的成长,并对成功进行更高的主观评估。相反,利用核心家庭成员的管理或技术专长会降低这些相同的绩效变量的水平。然而,只有以创业时的员工数量衡量的公司规模才能预测收入增长。
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引用次数: 0
The Impact of External Stakeholders’ Pressures on the Intention to Adopt Environmental Management Practices and the Moderating Effects of Firm Size 外部利益相关者压力对采用环境管理实践意愿的影响及企业规模的调节效应
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.35342
M. Latip, Ismawati Sharkawi, Z. Mohamed, Norzalila Kasron
SMEs in the food manufacturing sector represent a considerable proportion of mainstream businesses in Malaysia. The changes in the lifestyles of Malaysians have led to increased demand for convenience and processed foods, which has led to a growing number of food manufacturing establishments in Malaysia. Nevertheless, the expansion in the food manufacturing sector is followed by a rise in environmental issues. Therefore, to mitigate the impact of food manufacturing activities on the environment, one of the best possible solutions is to implement environmental management practices (EMPs). SMEs may encounter varying levels of pressure from customers, regulatory bodies, and the social community regarding environmental behavior and compliance. This study used the Stakeholder theory to develop the research model. The first objective of this study is to determine the effect of SMEs’ external stakeholders, including customer pressure, regulatory pressure, and social community pressure, on food manufacturing SMEs’ intention to adopt EMPs. The second objective is to test the effect of firm size as a moderating variable. A structured questionnaire was administered to 367 food manufacturing SMEs in Malaysia. The findings reveal that the SMEs’ intention to adopt EMPs was significantly related to customer, regulatory, and social community pressures. The study also discovered that firm size only moderated the relationship between customer pressure and the intention to adopt EMPs. The results provided a more robust understanding of the effect of external factors on SMEs’ intentions toward EMPs. Policymakers are recommended to carefully consider those factors to encourage more SMEs to adopt EMPs. SMEs should cultivate a learning and innovative culture to successfully embrace EMPs in a changing business environment.
食品制造业的中小企业在马来西亚主流企业中占相当大的比例。马来西亚人生活方式的变化导致对方便食品和加工食品的需求增加,这也导致马来西亚越来越多的食品制造机构。然而,随着食品制造业的扩张,环境问题也随之增加。因此,为了减轻食品生产活动对环境的影响,最好的解决方案之一是实施环境管理实践。中小企业可能会遇到来自客户、监管机构和社会团体的不同程度的环境行为和合规压力。本研究运用利益相关者理论建立研究模型。本研究的第一个目的是确定中小企业的外部利益相关者,包括客户压力、监管压力和社会社区压力,对食品制造中小企业采用EMP的意图的影响。第二个目标是检验企业规模作为调节变量的影响。对马来西亚367家食品制造中小企业进行了结构化问卷调查。研究结果表明,中小企业采用EMP的意愿与客户、监管和社会社区压力显著相关。研究还发现,企业规模只会调节客户压力和采用EMP的意图之间的关系。研究结果对外部因素对中小企业经营管理意向的影响有了更深入的了解。建议政策制定者仔细考虑这些因素,鼓励更多中小企业采用EMP。中小企业应该培养一种学习和创新的文化,以便在不断变化的商业环境中成功地接受EMP。
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引用次数: 4
Impact of Communication Technologies on Small Business Success 通信技术对小企业成功的影响
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.36359
J. Jorgensen, V. Zuiker, Linda Manikowske, Melody Lehew
Owners of small businesses may struggle to utilize online communication technologies effectively. To understand this challenge, this study investigated communication technology contributions, the use of online communication technologies, and how those perceptions relate to small business success. Data from a small business values survey (Marshall & Wyatt, 2019) was used consisting of 511 business owners. An integrated model using the Diffusion of Innovation and the Technology Acceptance Model served as a theoretical foundation. Relationships between variables were tested using multiple regression and confirmed that small business owners perceive that easy-to-use communication technologies are not useful or contribute to business success. However, communication technologies that are perceived to be useful do contribute to business success. Business owners who are younger, located in urban areas, and in business for a shorter time are also more likely to use communication technologies. This study supports current literature, as it was unclear how small business owners perceive communication technologies for use in their businesses.
小企业的所有者可能很难有效地利用在线通信技术。为了理解这一挑战,本研究调查了通信技术的贡献、在线通信技术的使用,以及这些认知与小企业成功的关系。使用了一项小企业价值观调查(Marshall&Wyatt,2019)的数据,该调查由511名企业主组成。采用创新扩散模型和技术接受模型的综合模型作为理论基础。使用多元回归测试了变量之间的关系,证实了小企业主认为易于使用的通信技术没有用处,也没有助于企业成功。然而,被认为有用的通信技术确实有助于企业的成功。年轻、位于城市地区、经商时间较短的企业主也更有可能使用通信技术。这项研究支持了当前的文献,因为尚不清楚小企业主如何看待在其企业中使用的通信技术。
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引用次数: 1
Ownership Concentration, Control, and Capital Structure in Family and Non-Family Firms 家族与非家族企业的股权集中度、控制权与资本结构
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.36283
L. Pacheco
The objective of this paper is to empirically examine the relationship between the firm’s ownership and control structure and its leverage. Capital structure is not only the result of various financial characteristics of the firm but also depends on who is in control. Thus, it is fundamental to understand the influence that certain features of the shareholding structure or the composition of the board, including the potential differences between family and non-family firms, exert on capital structure decisions. The paper uses a sample of wine firms in Portugal, because it helps to capture a business sector where family firms make up a significant portion of the industry. It is used an unbalanced panel data set of 460 firms for the period 2010 to 2018 and applied a random-effects model specification. Our results do not evidence significant differences between family and non-family firms. Still, they indicate that firms with fewer shareholders, smaller boards, and where the main director or member of the board is also a shareholder tend to present higher debt levels. There is no evidence of a non-monotonic relation between the ownership structure and debt, nor the presence of moderating effects on that relation. This paper fills a gap in the literature as the impact that specific characteristics of firms and their leaders have on capital structure decisions is still a topic less studied in the literature, particularly in bank-based economies.
本文的目的是实证检验企业的所有权和控制结构与其杠杆之间的关系。资本结构不仅是企业各种财务特征的结果,而且取决于谁在控制。因此,了解股权结构或董事会组成的某些特征,包括家族企业和非家族企业之间的潜在差异,对资本结构决策的影响至关重要。这篇论文使用了葡萄牙葡萄酒公司的样本,因为它有助于捕捉家族企业在该行业中占很大比例的商业部门。它使用了2010年至2018年期间460家公司的不平衡面板数据集,并应用了随机效应模型规范。我们的研究结果没有证明家族企业和非家族企业之间存在显著差异。尽管如此,它们表明,股东较少、董事会规模较小、主要董事或董事会成员也是股东的公司往往会出现更高的债务水平。没有证据表明所有权结构和债务之间存在非单调关系,也没有证据表明这种关系存在调节作用。本文填补了文献中的一个空白,因为企业及其领导者的特定特征对资本结构决策的影响仍然是文献中研究较少的主题,尤其是在银行经济体中。
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引用次数: 2
Factors Influencing 4.0 Technology Adoption in Manufacturing SMEs in an Emerging Country 新兴国家制造业中小企业采用4.0技术的影响因素
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.34608
S. Rojas-Berrio, Jeisson Rincon-Novoa, Maria Sánchez-Monrroy, Rubén Ascúa, L. Montoya-Restrepo
By considering the lack of studies of the factors that influence the adoption of 4.0 technologies in manufacturing SMEs, this study proposes a model that examines the aspects that motivate, benefit and obstruct the implementation of emerging technologies, as well as the role of the institutional environment, for a developing country. A qualitative approach and interview method were used to study 4.0 technologies in the “core” productive processes adopted in 25 SMEs. The gathered data were analysed and processed in NVivo 12 software. Two groups of categories (nodes) were obtained, within which related subcategories (subnodes) were located. These two groups are existing and emerging categories, which reflect the aspects that motivate, benefit and obstruct the adoption of 4.0 emerging technologies. The identification of an emerging variable in the study of inhibitors and facilitators of the adoption and implementation of 4.0 technologies is a valuable contribution because it allows us to account for the problematisation of financing as an important variable in the processes of introduction into Industry 4.0 for SMEs. This proposal may facilitate public policies at regional and national level to promote and advance in this area of innovation for SMEs.
考虑到缺乏对制造业中小企业采用4.0技术的影响因素的研究,本研究提出了一个模型,该模型考察了发展中国家推动、促进和阻碍新兴技术实施的各个方面,以及制度环境的作用。采用定性方法和访谈法对25家中小企业在“核心”生产过程中采用的4.0技术进行了研究。收集的数据在NVivo 12软件中进行分析和处理。得到两组类别(节点),并在其中定位相关的子类别(子节点)。这两组是现有的和新兴的类别,它们反映了4.0新兴技术采用的激励、受益和阻碍方面。在采用和实施工业4.0技术的抑制剂和促进因素的研究中确定一个新兴变量是一个有价值的贡献,因为它使我们能够解释融资问题,作为中小企业引入工业4.0过程中的一个重要变量。这一建议可能会促进区域和国家层面的公共政策,以促进和推进中小企业在这一领域的创新。
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引用次数: 4
Social Entrepreneurship as a Mechanism to Correct Institutional Shortcomings 社会企业家精神:一种纠正制度缺陷的机制
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.36335
J. Muldoon, S. Solomon, Geoffrey T. Stewart, Josh Bendickson
We conceptually investigate opportunities for social entrepreneurs and non-profit organizations (NPOs) through an Austrian economics lens. To do so we provide an overview of (1) Austrian economics and its role in entrepreneurship, (2) certain institutional shortcomings, and (3) institutional signals and opportunities for social entrepreneurs as leaders of non-governmental organizations (NGOs). We posit that NGOs have the ability to address institutional shortcomings and address societal needs. As such, recognizing these opportunities allows inspired social entrepreneurs and their NGOs to fill certain societal needs.
我们从奥地利经济学的角度对社会企业家和非营利组织的机会进行了概念性调查。为此,我们概述了(1)奥地利经济学及其在创业中的作用,(2)某些制度缺陷,以及(3)社会企业家作为非政府组织领导人的制度信号和机会。我们认为,非政府组织有能力解决体制缺陷和社会需求。因此,认识到这些机会可以让有灵感的社会企业家及其非政府组织满足某些社会需求。
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引用次数: 2
Digital Transformation Through the Lens of Digital Data Handling: An Exploratory Analysis of Agri-Food SMEs 数字化数据处理视角下的数字化转型:农业食品中小企业的探索性分析
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.34642
M. Frau, L. Moi, F. Cabiddu
This study aims to explore digital transformation and the level of sophistication in the digital data handling strategy by agri-food small and medium-sized enterprises (SMEs). By developing an exploratory multiple-case study that involves fourteen food processing SMEs, this paper identifies a data processing flow made up of the following phases: data generation, data acquisition, data storage, data analysis, and data exploitation. In addition, it shows how data processing flow may occur in a number of ways, thereby classifying the agri-food SMEs’ digital transformation as paper master, digital wannabe, and digital champion. Hence, the article contributes to providing the conceptualization of a data processing flow, which includes the progressive stages in data management identified across firms by proposing a data handling strategy framework. Such a framework offers a snapshot of firms at various levels of digitization in their handling of various kinds of data, thus clarifying how the strategies of data processing flow occur.
本研究旨在探索农业食品中小企业(SME)的数字化转型和数字数据处理策略的复杂程度。通过开发一个涉及14家食品加工中小企业的探索性多案例研究,本文确定了由以下阶段组成的数据处理流程:数据生成、数据获取、数据存储、数据分析和数据开发。此外,它还展示了数据处理流程如何以多种方式发生,从而将农业食品中小企业的数字化转型分为论文大师、数字爱好者和数字冠军。因此,本文有助于提供数据处理流程的概念化,其中包括通过提出数据处理战略框架确定的跨公司数据管理的渐进阶段。这样的框架提供了企业在处理各种数据时处于不同数字化水平的快照,从而澄清了数据处理流程的策略是如何发生的。
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引用次数: 1
Intention to Use Collaborative Transportation Among SMEs: An Exploratory Investigation of the Wine Industry 中小企业使用协同运输的意愿——对葡萄酒行业的探索性调查
Q3 Business, Management and Accounting Pub Date : 2022-06-20 DOI: 10.53703/001c.36286
J. Galbreath, Kristina Georgiou, R. Oloruntoba
Collaboration is a vital strategy for SMEs and research in the field has investigated a variety of pathways for collaborating. However, little of this research has explored collaborative transportation, which is surprising, given that transportation is the largest logistics cost item and one of the top challenges faced by SMEs. To advance the literature on SME collaboration, this study examines SMEs and the intention to use collaborative transportation solutions. We do so by taking a qualitative approach, based on the theory of planned behaviour, one of the most important models for predicting human intention. Relying on a sample of 15 SME wine producers in Western Australia, we find that the marginal benefits of collaborative transportation outweigh disadvantages, but only in the context of economic rather than social benefits. Participants also acknowledged that their intention to use was influenced by various internal and external stakeholders—but only by stakeholders who appear to demonstrate structural and institutional power. Lastly, the participants perceived a degree of locus of control over use, but only when external parties are either willing to provide a solution or are significantly involved in the provision and management. Our findings have both theoretical and practical implications.
协作是中小企业的一项重要战略,该领域的研究已经调查了多种协作途径。然而,这方面的研究很少涉及协同运输,这令人惊讶,因为运输是最大的物流成本项目,也是中小企业面临的最大挑战之一。为了推进关于中小企业协作的文献,本研究考察了中小企业和使用协作运输解决方案的意愿。我们采用了一种定性方法,基于计划行为理论,这是预测人类意图最重要的模型之一。通过对西澳大利亚州15家中小型葡萄酒生产商的抽样调查,我们发现协同运输的边际效益大于劣势,但这只是在经济效益而非社会效益的背景下。与会者还承认,他们的使用意愿受到各种内部和外部利益攸关方的影响,但只受到那些似乎显示出结构性和制度性权力的利益攸关方的影响。最后,参与者认为对使用有一定程度的控制,但只有当外部各方愿意提供解决方案或大量参与提供和管理时。我们的研究结果具有理论和实践意义。
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引用次数: 1
Justifying International Growth in Spanish Family Wineries and Olive Oil Mills 证明西班牙家族酒庄和橄榄油厂的国际增长
Q3 Business, Management and Accounting Pub Date : 2022-04-22 DOI: 10.53703/001c.30121
Myriam Cano‐Rubio, Valeriano Sanchez‐Famoso, Guadalupe Fuentes‐Lombardo
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引用次数: 0
Strategic Orientation and Sustainable Competitive Performance of Family Firms: Evidence of an Emerging Economy 家族企业的战略定位与可持续竞争绩效:新兴经济的证据
Q3 Business, Management and Accounting Pub Date : 2022-04-22 DOI: 10.53703/001c.32406
R. Khan, Yashar Salamzadeh, M. Abbasi, Ali Amin, Noor E. Sahar
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引用次数: 3
期刊
Journal of Small Business Strategy
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