Pub Date : 2024-09-17DOI: 10.1007/s13520-024-00213-9
Janine Pierce, Howard Harris
This report examines a study focused on current interest areas and themes of business ethics in Australia as discussed in the Australian media (major national and State newspapers) across the years 2019–2022, using content analysis and stakeholder frame of focus. The identified themes are then compared with themes identified in the Global Survey of Business Ethics 2022–2024. These themes provide a framework to compare with themes identified as important for teaching and research through a survey of Australian university educators in business schools involved in ethics teaching and research in South Australia and Western Australia. Findings indicate that ethics and ethical concerns appear across a range of media publications in Australia which in turn is placing pressure on businesses to respond to this ethics talk in the media in explaining or justifying their actions. Although no particular pattern is identified from responses, some topics are gaining more prominence such as climate change and artificial intelligence, both in the media and in university courses and research. Topics of discussion were ranked from very important to important. It is concluded that ethical issues are important for Australian business and business is responding. Key ethical issues include climate change and sustainability, governance, government and transparency, and organizational culture with ethical issues of interest to Australia featuring including sport, corporate misconduct, and Indigenous issues.
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) Reports 2022–2024 from Asia, Australia, and Russia: Australia","authors":"Janine Pierce, Howard Harris","doi":"10.1007/s13520-024-00213-9","DOIUrl":"https://doi.org/10.1007/s13520-024-00213-9","url":null,"abstract":"<p>This report examines a study focused on current interest areas and themes of business ethics in Australia as discussed in the Australian media (major national and State newspapers) across the years 2019–2022, using content analysis and stakeholder frame of focus. The identified themes are then compared with themes identified in the Global Survey of Business Ethics 2022–2024. These themes provide a framework to compare with themes identified as important for teaching and research through a survey of Australian university educators in business schools involved in ethics teaching and research in South Australia and Western Australia. Findings indicate that ethics and ethical concerns appear across a range of media publications in Australia which in turn is placing pressure on businesses to respond to this ethics talk in the media in explaining or justifying their actions. Although no particular pattern is identified from responses, some topics are gaining more prominence such as climate change and artificial intelligence, both in the media and in university courses and research. Topics of discussion were ranked from very important to important. It is concluded that ethical issues are important for Australian business and business is responding. Key ethical issues include climate change and sustainability, governance, government and transparency, and organizational culture with ethical issues of interest to Australia featuring including sport, corporate misconduct, and Indigenous issues.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"2 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142260486","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}
Digital sweatshops represent exploitative digital workplaces where individuals are compelled to work long hours under high demands for minimal compensation. This study employs in-depth, semi-structured interviews with digital workers to explore digital sweatshop operations’ challenges and adverse aspects, mainly focusing on ethical considerations. The collected data were transcribed and analyzed using grounded theory methodology. The findings highlight three key themes: conditions mitigating factors, organisational factors, and work environment factors, all of which contribute to the persistence of digital sweatshops. The study advocates for comprehensive labour laws, education and advocacy for digital employees, mental health support, transparency and accountability, skill development, career advancement, and ethical business practices. These recommendations are intended to help governments and organizations create a fair and ethical digital workplace, prioritizing workers’ rights and well-being.
{"title":"Understanding digital sweatshops: A qualitative investigation of workers’ perspectives","authors":"Manoj Kumar Kamila, Sahil Singh Jasrotia, Pooja Singh Kushwaha","doi":"10.1007/s13520-024-00210-y","DOIUrl":"https://doi.org/10.1007/s13520-024-00210-y","url":null,"abstract":"<p>Digital sweatshops represent exploitative digital workplaces where individuals are compelled to work long hours under high demands for minimal compensation. This study employs in-depth, semi-structured interviews with digital workers to explore digital sweatshop operations’ challenges and adverse aspects, mainly focusing on ethical considerations. The collected data were transcribed and analyzed using grounded theory methodology. The findings highlight three key themes: conditions mitigating factors, organisational factors, and work environment factors, all of which contribute to the persistence of digital sweatshops. The study advocates for comprehensive labour laws, education and advocacy for digital employees, mental health support, transparency and accountability, skill development, career advancement, and ethical business practices. These recommendations are intended to help governments and organizations create a fair and ethical digital workplace, prioritizing workers’ rights and well-being.\u0000</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142210274","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 : 2024-06-27DOI: 10.1007/s13520-024-00209-5
Prashant Kumar Gupta, Seema Sharma
This study examines the impact of regulatory changes on seven distinct corporate governance determinants of asset quality in Indian banks. We focus on the Companies Act of 2013 and the Insolvency and Bankruptcy Code of 2016, two key pieces of legislation that have significantly impacted the Indian banking industry. Using the General Method of Moments, a dynamic panel data method, we analyze data from 45 Indian public and private sector banks from 2010 to 2019. Our results suggest that board functioning contributes more to the reduction of non-performing assets after the passage of the Companies Act. However, the impact of special committee activity, ownership concentration, and intensity of board activities has worsened. As far as the Insolvency and Bankruptcy Code of 2016 is considered, it has reduced the negative impact of special committee activity and board functioning on asset quality. Our study addresses the endogeneity issue, frequently encountered in previous research on corporate governance determinants of asset quality. This study makes a valuable contribution to the literature by providing insights into the impact of regulatory changes on corporate governance determinants of asset quality in Indian banks. Our research also provides a benchmark for other emerging economies to define their legal frameworks. We suggest further study of the factors, particularly board independence and gender diversity in light of the Acts.
{"title":"Navigating the interplay of legal frameworks and corporate governance: the impact on asset quality in an emerging economy","authors":"Prashant Kumar Gupta, Seema Sharma","doi":"10.1007/s13520-024-00209-5","DOIUrl":"https://doi.org/10.1007/s13520-024-00209-5","url":null,"abstract":"<p>This study examines the impact of regulatory changes on seven distinct corporate governance determinants of asset quality in Indian banks. We focus on the Companies Act of 2013 and the Insolvency and Bankruptcy Code of 2016, two key pieces of legislation that have significantly impacted the Indian banking industry. Using the General Method of Moments, a dynamic panel data method, we analyze data from 45 Indian public and private sector banks from 2010 to 2019. Our results suggest that board functioning contributes more to the reduction of non-performing assets after the passage of the Companies Act. However, the impact of special committee activity, ownership concentration, and intensity of board activities has worsened. As far as the Insolvency and Bankruptcy Code of 2016 is considered, it has reduced the negative impact of special committee activity and board functioning on asset quality. Our study addresses the endogeneity issue, frequently encountered in previous research on corporate governance determinants of asset quality. This study makes a valuable contribution to the literature by providing insights into the impact of regulatory changes on corporate governance determinants of asset quality in Indian banks. Our research also provides a benchmark for other emerging economies to define their legal frameworks. We suggest further study of the factors, particularly board independence and gender diversity in light of the Acts.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"23 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506509","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 : 2024-06-08DOI: 10.1007/s13520-024-00199-4
Linxue Zhang, Khairul Anuar Mohammad Shah
Corporate social responsibility (CSR) is widely employed in many sectors, but research on its implementation in the jewelry sector is lacking. To support the industry’s long-term growth, the influence of jewelry companies’ CSR statements must be further explored and the factors contributing to consumers’ intention to purchase jewelry ethically identified. This study empirically tested data from a valid sample of 223 individuals. The results indicate that perceptions of jewelry-related CSR among Chinese consumers positively influenced their environmental protection consumption psychology (EPCP), their views on green pricing, and their intention to purchase jewelry ethically. The latter was positively influenced by EPCP. The positive influence of purchase intention and EPCP played a partially mediating role between the perception of jewelry-related CSR and that of green pricing and purchase intention. Electronic word-of-mouth positively moderated the perception of CSR and the relationship between this perception and EPCP, while EPCP played a partially mediating role between the perception of CSR and green pricing and purchase intention. This study offers theoretical and managerial implications for developing ethical jewelry in China to benefit customers, businesses, and the industry as a whole.
{"title":"Can CSR influence Chinese consumers’ intention to purchase jewelry ethically? The moderating effect of eWOM based on the SOR model","authors":"Linxue Zhang, Khairul Anuar Mohammad Shah","doi":"10.1007/s13520-024-00199-4","DOIUrl":"10.1007/s13520-024-00199-4","url":null,"abstract":"<div><p>Corporate social responsibility (CSR) is widely employed in many sectors, but research on its implementation in the jewelry sector is lacking. To support the industry’s long-term growth, the influence of jewelry companies’ CSR statements must be further explored and the factors contributing to consumers’ intention to purchase jewelry ethically identified. This study empirically tested data from a valid sample of 223 individuals. The results indicate that perceptions of jewelry-related CSR among Chinese consumers positively influenced their environmental protection consumption psychology (EPCP), their views on green pricing, and their intention to purchase jewelry ethically. The latter was positively influenced by EPCP. The positive influence of purchase intention and EPCP played a partially mediating role between the perception of jewelry-related CSR and that of green pricing and purchase intention. Electronic word-of-mouth positively moderated the perception of CSR and the relationship between this perception and EPCP, while EPCP played a partially mediating role between the perception of CSR and green pricing and purchase intention. This study offers theoretical and managerial implications for developing ethical jewelry in China to benefit customers, businesses, and the industry as a whole.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":"271 - 290"},"PeriodicalIF":1.9,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141368761","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 : 2024-06-04DOI: 10.1007/s13520-024-00207-7
Yuh-Jia Chen, Velma Lee, Thomas Li-Ping Tang
Squandering lottery winners spend their money, leading to bankruptcy, murder, and suicide—a lottery curse. With a fixed amount of money, saving and spending are mutually exclusive. To study ordinary citizens’ behavioral decision-making, we follow Nobel Laureate Daniel Kahneman’s advice, incorporate ardent monetary aspirations—Rich, Motivator, Budget, Make, and Success as yoked antecedents of the latent construct—Monetary Wisdom (MW), frame MW in the context of income (Time 1), and explore individuals’ $1 million resource allocation (Time 2). Among full-time managers, thinking about Making money helps them Spend more and Save less. However, university students have lower incomes and more difficulty making money than managers. This study challenges the existing findings of full-time managers. We theorize that thinking about Making money helps students Save more and Spend less. We ask 443 students to imagine that after fulfilling tax obligations, they could freely allocate $1 million lottery money to 20 options (sum = 100%). Our results support our theory. Men have significantly higher incomes than women. The Paths from Factors Rich and Budget to MW are significantly stronger for men than women. With higher income, thoughts on becoming Rich and Budgeting money cause men to Spend more and Save less. Vigorous Budgeting thoughts may cause the depletion of self-control power, leading to self-control failure and Spending. Wanting to become Rich incites Spending. With lower income, thinking about Making money causes women to Save more and Spend less. Interestingly, women spend significantly more money on experiential and material consumptions and family, and less on investments (business and education) than men. The differences in Saving and Donating money to charity are non-significant across genders. Monetary Wisdom is not significantly related to income. We help people make happy, healthy, wealthy, ethical decisions, and mental accounting and avoid the lottery curse. The life you save may be your own.
{"title":"Does thinking about making money help people save money? Behavioral economics—monetary wisdom across genders: Ardent love of money aspirations and $1 million resource allocation","authors":"Yuh-Jia Chen, Velma Lee, Thomas Li-Ping Tang","doi":"10.1007/s13520-024-00207-7","DOIUrl":"10.1007/s13520-024-00207-7","url":null,"abstract":"<div><p>Squandering lottery winners spend their money, leading to bankruptcy, murder, and suicide—a lottery curse. With a fixed amount of money, saving and spending are mutually exclusive. To study ordinary citizens’ behavioral decision-making, we follow Nobel Laureate Daniel Kahneman’s advice, incorporate ardent monetary aspirations—Rich, Motivator, Budget, Make, and Success as yoked antecedents of the latent construct—Monetary Wisdom (MW), frame MW in the context of income (Time 1), and explore individuals’ $1 million resource allocation (Time 2). Among full-time managers, thinking about Making money helps them Spend more and Save less. However, university students have lower incomes and more difficulty making money than managers. This study challenges the existing findings of full-time managers. We theorize that thinking about <b><i>Making</i></b> money helps students Save more and Spend less. We ask 443 students to imagine that after fulfilling tax obligations, they could freely allocate $1 million lottery money to 20 options (sum = 100%). Our results support our theory. Men have significantly higher incomes than women. The Paths from Factors Rich and Budget to MW are significantly stronger for men than women. With higher income, thoughts on becoming <b><i>Rich</i></b> and <b><i>Budgeting</i></b> money cause men to Spend more and Save less. Vigorous Budgeting thoughts may cause the depletion of self-control power, leading to self-control failure and Spending. Wanting to become Rich incites Spending. With lower income, thinking about <b><i>Making</i></b> money causes women to Save more and Spend less. Interestingly, women spend significantly <b><i>more</i></b> money on experiential and material consumptions and family, and <b><i>less</i></b> on investments (business and education) than men. The differences in Saving and Donating money to charity are non-significant across genders. Monetary Wisdom is not significantly related to income. We help people make happy, healthy, wealthy, ethical decisions, and mental accounting and avoid the lottery curse. The life you save may be your own.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":"323 - 365"},"PeriodicalIF":1.9,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141254987","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 : 2024-06-03DOI: 10.1007/s13520-024-00204-w
Thomas S. K. Tang
Digital technologies can be an asset to serving communities and societies through data analytics and management to achieve greater good. However, care must be exercised in that societies without digital access do not get overlooked or, worse, face abuses of privacy disclosure or exploitation. Regulations exist to prevent this happening, but ethical considerations are important in deciding in what is allowable and what is not. The further risk of artificial intelligence where computers start to make autonomous decisions and the vulnerabilities we are exposed to is considered. Steps are proposed to develop an ethics-based digital strategy and how to mitigate cyber risk.
{"title":"Challenges in cybersecurity","authors":"Thomas S. K. Tang","doi":"10.1007/s13520-024-00204-w","DOIUrl":"https://doi.org/10.1007/s13520-024-00204-w","url":null,"abstract":"<p>Digital technologies can be an asset to serving communities and societies through data analytics and management to achieve greater good. However, care must be exercised in that societies without digital access do not get overlooked or, worse, face abuses of privacy disclosure or exploitation. Regulations exist to prevent this happening, but ethical considerations are important in deciding in what is allowable and what is not. The further risk of artificial intelligence where computers start to make autonomous decisions and the vulnerabilities we are exposed to is considered. Steps are proposed to develop an ethics-based digital strategy and how to mitigate cyber risk.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"87 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141254852","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 : 2024-05-27DOI: 10.1007/s13520-024-00206-8
Michael Segon, Chris Booth, Andrew Roberts
Ethical cultures, corporate social responsibility (CSR), and sustainability strategies are increasingly being addressed through formal organisational policies and structures. This is evidenced by codes of ethics, conduct, whistle-blowing reporting lines, anti-bribery and corruption policies, and broader stakeholder and environmental engagement strategies. In the United States, corporate ethics managers are responsible for these functions, supported by specific professional and university-level qualifications. However, this is not the case in Australia and Asia where the role appears delegated to human resource personnel in organisations. Human resource management (HRM) is increasingly advanced as a formal profession, yet whether corporate ethics content features as a significant component of the HRM profession is unclear. Expert knowledge is a foundation of a profession along with the duty to act within the limits of that knowledge and expertise. This paper scopes what constitutes professional expert knowledge. It examines corporate ethics expertise and HRM within this context. Major Australian and Asian organisations are examined to verify that HRM Departments, and thus HRM practitioners, are responsible for managing corporate ethics. Given the seniority and strategic importance of this function, the content of selected Masters in HRM and related fields are examined to identify the extent of ethics content. This is considered in the light of the expertise required to manage corporate ethics, and conclusions are drawn whether the HRM discipline is appropriately qualified to manage this function. Finally, recommendations and further research towards advancing the role and function of corporate ethics managers in general are proposed.
{"title":"Are HRM practitioners required to possess competence in corporate ethics? A content analysis of qualifications in Australia and Asia","authors":"Michael Segon, Chris Booth, Andrew Roberts","doi":"10.1007/s13520-024-00206-8","DOIUrl":"https://doi.org/10.1007/s13520-024-00206-8","url":null,"abstract":"<p>Ethical cultures, corporate social responsibility (CSR), and sustainability strategies are increasingly being addressed through formal organisational policies and structures. This is evidenced by codes of ethics, conduct, whistle-blowing reporting lines, anti-bribery and corruption policies, and broader stakeholder and environmental engagement strategies. In the United States, corporate ethics managers are responsible for these functions, supported by specific professional and university-level qualifications. However, this is not the case in Australia and Asia where the role appears delegated to human resource personnel in organisations. Human resource management (HRM) is increasingly advanced as a formal profession, yet whether corporate ethics content features as a significant component of the HRM profession is unclear. Expert knowledge is a foundation of a profession along with the duty to act within the limits of that knowledge and expertise. This paper scopes what constitutes professional expert knowledge. It examines corporate ethics expertise and HRM within this context. Major Australian and Asian organisations are examined to verify that HRM Departments, and thus HRM practitioners, are responsible for managing corporate ethics. Given the seniority and strategic importance of this function, the content of selected Masters in HRM and related fields are examined to identify the extent of ethics content. This is considered in the light of the expertise required to manage corporate ethics, and conclusions are drawn whether the HRM discipline is appropriately qualified to manage this function. Finally, recommendations and further research towards advancing the role and function of corporate ethics managers in general are proposed.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141172009","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 : 2024-05-17DOI: 10.1007/s13520-024-00208-6
Akshay Kumar, Sunita Singh Sengupta
In organizational scholarship, the infusion of spirituality into corporate culture has emerged as a transformative force that significantly influences employee well-being, work engagement, and operational efficiency, ushering in a new era of workplace harmony. However, amidst this evolution, the Indian banking industry remains relatively unchartered. This study embarks on a pioneering journey, exploring the intricate interplay between workplace spirituality and spiritual fulfillment within this dynamic sector and discerning differences between public and private sector employees. The workplace Spirituality and the Spiritual Fulfillment questionnaire were administered to obtain the complete information from 342 respondents from Delhi and Delhi (NCR). Data analyses were performed using SPSS 26.0. Multiple regression analysis uncovers a significant impact of spirituality-driven culture on employees’ sense of spiritual fulfillment. The findings demonstrate that Indian banking institutions harbor the seeds of spiritual workplaces. The study heralds a spiritual awakening within the banking sector by offering fresh perspectives that have the potential to redefine conventional paradigms in academia and the industry. The authors believe replicating the findings might realize the positive outcomes of a more spiritual workplace throughout the whole network and hierarchy of the banking sector.
{"title":"A spiritual assessment of the Indian banking industry","authors":"Akshay Kumar, Sunita Singh Sengupta","doi":"10.1007/s13520-024-00208-6","DOIUrl":"10.1007/s13520-024-00208-6","url":null,"abstract":"<div><p>In organizational scholarship, the infusion of spirituality into corporate culture has emerged as a transformative force that significantly influences employee well-being, work engagement, and operational efficiency, ushering in a new era of workplace harmony. However, amidst this evolution, the Indian banking industry remains relatively unchartered. This study embarks on a pioneering journey, exploring the intricate interplay between workplace spirituality and spiritual fulfillment within this dynamic sector and discerning differences between public and private sector employees. The workplace Spirituality and the Spiritual Fulfillment questionnaire were administered to obtain the complete information from 342 respondents from Delhi and Delhi (NCR). Data analyses were performed using SPSS 26.0. Multiple regression analysis uncovers a significant impact of spirituality-driven culture on employees’ sense of spiritual fulfillment. The findings demonstrate that Indian banking institutions harbor the seeds of spiritual workplaces. The study heralds a spiritual awakening within the banking sector by offering fresh perspectives that have the potential to redefine conventional paradigms in academia and the industry. The authors believe replicating the findings might realize the positive outcomes of a more spiritual workplace throughout the whole network and hierarchy of the banking sector.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":"367 - 398"},"PeriodicalIF":1.9,"publicationDate":"2024-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140964127","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 : 2024-05-08DOI: 10.1007/s13520-024-00197-6
Carry Ka Yee Mak
This study investigates why successful companies have pursued creating shared value (CSV) during the COVID-19 pandemic and the immediately ensuing post-COVID-19 era. The paper aims to achieve a better understanding of the triggers that induce companies to pursue CSV initiatives. A qualitative thematic analysis of cases of CSV involving 54 companies honored by Fortune magazine within its 2022 Change the World list was investigated and systematically reviewed. Based on the analysis, we identified and classified the motivators of CSV projects according to various internal and external triggers. The qualitative results revealed seven types of internal triggers for CSV initiatives. These are: (1) following founder/leader philosophy or experience, (2) foreseeing customer growth and profit potential, (3) enhancing employee loyalty and commitment, (4) developing a future talent pool, (5) improving operational efficiency and cutting costs, (6) building differentiation weapons, and (7) becoming an industry pioneer. Seven types of external triggers for CSV initiatives were also identified. These comprise (1) economic benefits, (2) environmental protection, (3) human rights, (4) public health, (5) social justice, (6) partnership availability, and (7) government stimuli. This study contributes to the CSV literature by providing analyses of the motivators that have induced CSV initiatives during the COVID-19 era. We conclude by discussing the implications for business academics and practitioners.
{"title":"Drivers of creating shared value (CSV): internal and external triggers in the shadow of COVID-19","authors":"Carry Ka Yee Mak","doi":"10.1007/s13520-024-00197-6","DOIUrl":"https://doi.org/10.1007/s13520-024-00197-6","url":null,"abstract":"<p>This study investigates why successful companies have pursued creating shared value (CSV) during the COVID-19 pandemic and the immediately ensuing post-COVID-19 era. The paper aims to achieve a better understanding of the triggers that induce companies to pursue CSV initiatives. A qualitative thematic analysis of cases of CSV involving 54 companies honored by <i>Fortune</i> magazine within its 2022 Change the World list was investigated and systematically reviewed. Based on the analysis, we identified and classified the motivators of CSV projects according to various internal and external triggers. The qualitative results revealed seven types of internal triggers for CSV initiatives. These are: (1) following founder/leader philosophy or experience, (2) foreseeing customer growth and profit potential, (3) enhancing employee loyalty and commitment, (4) developing a future talent pool, (5) improving operational efficiency and cutting costs, (6) building differentiation weapons, and (7) becoming an industry pioneer. Seven types of external triggers for CSV initiatives were also identified. These comprise (1) economic benefits, (2) environmental protection, (3) human rights, (4) public health, (5) social justice, (6) partnership availability, and (7) government stimuli. This study contributes to the CSV literature by providing analyses of the motivators that have induced CSV initiatives during the COVID-19 era. We conclude by discussing the implications for business academics and practitioners.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"14 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140931921","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 : 2024-05-02DOI: 10.1007/s13520-024-00200-0
Roy Ying
In today’s competitive economy, the war for talent has intensified. Organizations are increasingly investing in student engagement initiatives to build a robust talent pipeline. Among these initiatives, the offering of internship placements is a popular choice as it not only helps identify suitable talent, students can also benefit with valuable opportunities to develop work-related skills and gain experience. However, ensuring mutually beneficial outcomes for all stakeholders involved remains a challenge due to diverging expectations among stakeholder groups. This study aims to enhance our understanding of high-quality internship design by applying stakeholder theory (ST) and the expectancy theory of motivation (ET) as theoretical frameworks. Qualitative research methods were employed, including semi-structured interviews with key stakeholders from higher education institutions, human resources managers, and front-line supervisors as well as a focus group with graduating business students. Thematic analysis of the data revealed several key themes related to stakeholder priorities and interests. The findings of this paper contribute to the fields of ST and ET by addressing an under-researched area: the motivations of supervisors as crucial stakeholders in delivering the internship experience. Scholars and practitioners have largely overlooked this aspect. From a managerial perspective, the findings highlight opportunities for fostering more synergistic partnerships between stakeholders, not only at the institutional level but also among internal stakeholder groups, including top management, human resources functions, and front-line supervisors.
在当今竞争激烈的经济环境中,人才争夺战愈演愈烈。各组织越来越多地投资于学生参与计划,以建立强大的人才梯队。在这些措施中,提供实习岗位是一个受欢迎的选择,因为它不仅有助于发现合适的人才,学生还能从中受益,获得发展工作相关技能和积累经验的宝贵机会。然而,由于利益相关群体之间的期望不尽相同,如何确保所有利益相关者都能获得互惠互利的结果仍然是一项挑战。本研究以利益相关者理论(ST)和动机期望理论(ET)为理论框架,旨在加深我们对高质量实习设计的理解。研究采用了定性研究方法,包括对高等教育机构的主要利益相关者、人力资源经理和一线主管进行半结构化访谈,以及对即将毕业的商科学生进行焦点小组讨论。对数据的主题分析揭示了与利益相关者的优先事项和利益相关的几个关键主题。本文的研究结果为 ST 和 ET 领域做出了贡献,探讨了一个研究不足的领域:作为提供实习经验的重要利益相关者,督导的动机。学者和从业人员在很大程度上忽视了这一方面。从管理的角度来看,研究结果强调了促进利益相关者之间协同合作的机会,不仅在机构层面,而且在内部利益相关者群体之间,包括最高管理层、人力资源职能部门和一线主管之间。
{"title":"An exploratory study on motivations in meaningful internship experience: what is in it for the supervisors?","authors":"Roy Ying","doi":"10.1007/s13520-024-00200-0","DOIUrl":"https://doi.org/10.1007/s13520-024-00200-0","url":null,"abstract":"<p>In today’s competitive economy, the war for talent has intensified. Organizations are increasingly investing in student engagement initiatives to build a robust talent pipeline. Among these initiatives, the offering of internship placements is a popular choice as it not only helps identify suitable talent, students can also benefit with valuable opportunities to develop work-related skills and gain experience. However, ensuring mutually beneficial outcomes for all stakeholders involved remains a challenge due to diverging expectations among stakeholder groups. This study aims to enhance our understanding of high-quality internship design by applying stakeholder theory (ST) and the expectancy theory of motivation (ET) as theoretical frameworks. Qualitative research methods were employed, including semi-structured interviews with key stakeholders from higher education institutions, human resources managers, and front-line supervisors as well as a focus group with graduating business students. Thematic analysis of the data revealed several key themes related to stakeholder priorities and interests. The findings of this paper contribute to the fields of ST and ET by addressing an under-researched area: the motivations of supervisors as crucial stakeholders in delivering the internship experience. Scholars and practitioners have largely overlooked this aspect. From a managerial perspective, the findings highlight opportunities for fostering more synergistic partnerships between stakeholders, not only at the institutional level but also among internal stakeholder groups, including top management, human resources functions, and front-line supervisors.</p>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"19 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2024-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140889711","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}