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Past, present, and future of mergers and acquisitions in the MENA region: a systematic review and integrative framework 中东和北非地区兼并和收购的过去、现在和未来:系统审查和综合框架
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-07-03 DOI: 10.1080/00208825.2021.1959876
E. Battisti, M. Christofi, D. Vrontis, Niccolò Nirino
Abstract Although the business strategies of mergers and acquisitions (M&As) are investigated theoretically and practically, their diffusion and features in the Middle East and North Africa (MENA) region are not clearly described in the literature. This is in particular due to the recent transformation that member countries have been going through since the financial crisis of 2008 and the Arab Spring. Through shareholder maximization theory, agency theory, and the resource-based view we identified the reasons and characteristics of M&As in the Middle East and North Africa regions. Following a systematic literature review methodology, we identified 37 articles related to M&A in MENA countries published in peer-reviewed journals and reported in CABS ranking (Chartered Association of Business Schools). Based on this analysis, we map the extant literature on the topic and present an integrative framework of these features for future researchers to further explore and expand the boundaries of the domain.
虽然对企业并购战略进行了理论和实践研究,但文献对其在中东和北非地区的扩散和特征并没有清晰的描述。特别是,自2008年金融危机和阿拉伯之春以来,成员国最近一直在经历转型。通过股东最大化理论、代理理论和资源基础理论,分析了中东北非地区企业并购的原因和特征。根据系统的文献回顾方法,我们确定了37篇与中东和北非国家并购相关的文章,这些文章发表在同行评议期刊上,并在特许商学院协会(CABS)排名中报告。在此基础上,我们对该主题的现有文献进行了映射,并提出了这些特征的综合框架,以便未来的研究人员进一步探索和扩展该领域的边界。
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引用次数: 15
Prevalence of CSR reporting in Arab countries: exploratory study and causal analysis 阿拉伯国家企业社会责任报告的普遍性:探索性研究和因果分析
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-07-03 DOI: 10.1080/00208825.2021.1959877
Muatasim Ismaeel, Abdul Razak Abdul Hadi, Z. Zakaria
Abstract This study explores the prevalence of CSR reporting practice in the Arab region (Arab countries in the Middle East) and highlights the possible causes that affect companies to commit to this practice. The study includes thirteen countries in the region. It identifies the listed companies that publish stand-alone CSR reports, analyses the companies’ characteristics, and the effect of four independent variables on the commitment to CSR reporting, measured by continuity in publishing these reports. The four independent variables include: being a large company, having a global presence, belonging to an environmentally sensitive industry, and belonging to a highly visible industry. The Qualitative Comparative Analysis method is used for causal analysis. Theoretical analysis is informed by institutional theory. Findings show that CSR reporting is still at its early stages in the region. CSR reporting is driven by linkages and openness to the global economy or by high public visibility (because of size and belonging to visible industries) while belonging to environmentally sensitive industries seems not to affect CSR reporting. These findings support the view that CSR reporting is a global practice adopted by companies in developing countries either to respond to global stakeholders or to imitate a global trend.
本研究探讨了企业社会责任报告实践在阿拉伯地区(中东地区的阿拉伯国家)的流行程度,并强调了影响企业致力于这一实践的可能原因。该研究包括该地区的13个国家。识别发布独立社会责任报告的上市公司,分析公司的特征,以及四个自变量对社会责任报告承诺的影响,通过发布这些报告的连续性来衡量。这四个自变量包括:是一家大公司,拥有全球影响力,属于环境敏感行业,属于高度可见的行业。因果分析采用定性比较分析法。理论分析以制度理论为依据。调查结果显示,企业社会责任报告在该地区仍处于早期阶段。企业社会责任报告的驱动因素是与全球经济的联系和开放,或者是高公众知名度(因为规模和属于可见行业),而属于环境敏感行业似乎不会影响企业社会责任报告。这些发现支持这样一种观点,即企业社会责任报告是发展中国家的公司采用的一种全球做法,要么是为了回应全球利益相关者,要么是为了模仿全球趋势。
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引用次数: 2
The perceived value of measuring the impact of CSR performance on CSR investment: evidence from the UAE 衡量企业社会责任绩效对企业社会责任投资影响的感知价值:来自阿联酋的证据
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-07-03 DOI: 10.1080/00208825.2021.1959879
B. Rettab, Pietro Micheli, M. Mura, Kamel Mellahi, V. Pereira
Abstract This study examines drivers of Corporate Social Responsibility (CSR) measurement and investment in CSR. Specifically, the study examines the links between the underlying motives for measuring CSR performance, namely to comply with regulation, to provide management support, and improve stakeholders’ satisfaction, and the impact thereof on CSR investments. The analysis of survey data of 307 companies based in Dubai identified five clusters of CSR measurements. The results show that while CSR measurement is a significant driver of CSR investments, there are varied associations between the three main drivers of CSR measurement and investment in CSR practices. Theoretical and practical implications of the study, are discussed.
摘要本研究探讨了企业社会责任(CSR)衡量和企业社会责任投资的驱动因素。具体而言,本研究考察了衡量企业社会责任绩效的潜在动机(即遵守法规、提供管理支持和提高利益相关者满意度)及其对企业社会责任投资的影响之间的联系。对迪拜307家公司的调查数据进行分析,确定了企业社会责任测量的五个集群。结果表明,虽然企业社会责任衡量是企业社会责任投资的重要驱动因素,但企业社会责任衡量的三个主要驱动因素与企业社会责任实践投资之间存在不同的关联。讨论了本研究的理论和实践意义。
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引用次数: 3
International business research and scholarship in the Middle East: developments and future directions 中东地区国际商业研究与学术:发展与未来方向
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-07-03 DOI: 10.1080/00208825.2021.1959881
P. Budhwar, V. Pereira, Yama Temouri, Hoa Do
Abstract In this introduction we review the extant literature that demonstrate the importance of the Middle Eastern institutional and cultural context in shaping international business’s (IB) strategies and practices across several countries. Drawing on the literature, as well as the five articles included in this special issue, we (1) outline the state of socio-cultural, historical and economic forces that shape international business in several Middle Eastern nations; (2) utilize institutional theory to evaluate the constraints of international business practices in the Middle East; and (3) highlight the key gaps in the literature and the challenges faced by IB scholars and practitioners in the Middle East. We subsequently propose an agenda for future research in order to lay the foundation for international business scholars to advance the theorizing and application of IB practices in the Middle East context.
在这篇引言中,我们回顾了现有的文献,这些文献展示了中东制度和文化背景在几个国家形成国际商业(IB)战略和实践中的重要性。根据文献以及本期特刊中的五篇文章,我们(1)概述了在几个中东国家塑造国际商业的社会文化、历史和经济力量的状况;(2)运用制度理论评估中东地区国际商业实践的制约因素;(3)强调文献中的关键空白以及中东IB学者和实践者面临的挑战。我们随后提出了未来的研究议程,以便为国际商务学者在中东背景下推进IB实践的理论化和应用奠定基础。
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引用次数: 4
Market entry strategies in the Middle East: unveiling the sponsorship strategy 中东市场进入策略:揭晓赞助策略
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-07-03 DOI: 10.1080/00208825.2021.1959878
Moustafa Salman Haj Youssef, D. Teng
Abstract The international entry mode strategies literature presents limited findings for the Middle East, particularly for Arab countries and the Gulf Cooperating Council Countries. Using a qualitative approach to understand the market entry strategies of multinational corporations, it is evident that the traditional entry modes are not the only form of entry strategy for MNCs in the Middle East. Semi-structured interviews were used to analyze data primary data collected from senior managers in Kingdom of Saudi Arabia and United Arab Emirates. Findings show that in addition to traditional entry modes, Multinational companies have developed an extra approach to entering Middle Eastern markets by forming joint ventures with individuals rather than with corporations. We label this entry mode as ‘sponsorship’ strategy. Implications for research and practice are offered.
国际进入模式战略文献对中东地区,特别是阿拉伯国家和海湾合作委员会国家的研究结果有限。用定性的方法来理解跨国公司的市场进入策略,很明显,传统的进入模式并不是跨国公司在中东的唯一进入策略。采用半结构化访谈来分析数据,主要数据收集自沙特阿拉伯王国和阿拉伯联合酋长国的高级管理人员。调查结果表明,除了传统的进入模式外,跨国公司还开发了一种进入中东市场的额外方法,即与个人而不是与公司组建合资企业。我们将这种进入模式称为“赞助”策略。提出了对研究和实践的启示。
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引用次数: 4
List of Reviewers 审稿人名单
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-05-11 DOI: 10.1080/00208825.2021.1900658
(2021). List of Reviewers. International Studies of Management & Organization: Vol. 51, No. 1, pp. 93-93.
(2021)。审稿人列表。《国际管理与组织研究》,第51卷第1期,第93-93页。
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引用次数: 0
Sensing from the middle: middle managers’ sensemaking of change process in public organizations 中层感知:公共组织中层管理者对变革过程的感知
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-05-05 DOI: 10.1080/00208825.2021.1969136
Feim Blakçori, Alexandros G. Psychogios
Abstract At the core of sense-making is its fundamental function of creating discursive order to equivocal occurrences. Although researchers have emphasized the organizational and managerial factors that trigger sense-making in settings, fewer things are known on how middle managers’ discursive sensemaking is constructed during the process of change in the public sector. In this empirical study, we explore middle managers’ sense-making in public organizations, that constrain the flow of change in reforming public governance. The research draws on qualitative data garnered from 31 interviews with middle managers in three public organizations in two periods of time (2016 and 2017). We illustrate managing divergences and strategizing sensemaking of the change process as intricate and multidimensional means of middle managers’ sense-making framework of ensuring change in the public sector. We argue that middle managers intensify their commitment to learning from change and therefore live the organizational life that sometimes demands commiserating the lack of exerting structural power by highlighting the contextual myopic circumstances of institutional dependence. Theoretical and practical implications are also elaborated.
意义建构的核心是为歧义事件创造话语秩序的基本功能。尽管研究者们强调了触发情境意义建构的组织和管理因素,但对于公共部门变革过程中中层管理者话语意义建构的机制却知之甚少。在这一实证研究中,我们探讨了公共组织中中层管理者的意义建构,这限制了公共治理改革的变革之流。该研究利用了在两个时期(2016年和2017年)对三个公共组织的中层管理人员进行的31次访谈中获得的定性数据。我们将管理分歧和制定变革过程的战略意义作为中层管理人员确保公共部门变革的意义制定框架的复杂和多维手段。我们认为,中层管理人员加强了他们从变革中学习的承诺,因此,他们的组织生活有时需要通过强调制度依赖的上下文短视情况来同情缺乏发挥结构性权力。并阐述了理论和实践意义。
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引用次数: 1
Silence of crowdworkers—reasons and implications for work conditions and quality 众包工人的沉默——对工作条件和质量的原因和影响
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-04-03 DOI: 10.1080/00208825.2021.1927311
Lars Osterbrink, P. Alpar
Abstract Microtasks accomplished by humans are used in many corners of the Internet. They help to make decisions where it is not possible to rely on algorithms (yet) like insult detection or fake reviews. People conducting crowdwork, crowdworkers, are often recruited via platforms where employers have more power than crowdworkers. This is sometimes misused by offering poor work conditions, which can lead to poor work quality. Online feedback systems (OFS) can discipline employers to improve work conditions and subsequently work quality. Unfortunately, the majority of crowdworkers do not contribute to an OFS and remain silent. We develop and test a model based on self-determination theory with PLS-SEM to explain their silence. Perceived cost and perceived non-relevance are deterrents to contributions. However, satisfaction in helping others and the wish to belong to the community are significant motivational factors, which could be used in the design of an OFS to foster crowdworkers’ contributions.
人工完成的微任务在互联网的各个角落都有应用。它们有助于在不可能依赖(目前)算法(如侮辱检测或虚假评论)的情况下做出决定。从事众包工作的人,即众包工作者,通常是通过雇主比众包工作者更有权力的平台招募的。这有时被滥用为提供恶劣的工作条件,从而导致工作质量低下。在线反馈系统(OFS)可以约束雇主改善工作条件,进而提高工作质量。不幸的是,大多数众包工作者并没有为OFS做出贡献,而是保持沉默。我们开发并测试了基于自我决定理论的PLS-SEM模型来解释他们的沉默。感知成本和感知不相关性会阻碍贡献。然而,帮助他人的满足感和属于社区的愿望是重要的激励因素,可以在OFS的设计中使用,以促进众包工作者的贡献。
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引用次数: 1
Conflict in the boardroom: perceptions of board members in the Nordic Region 董事会冲突:北欧地区董事会成员的看法
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-04-03 DOI: 10.1080/00208825.2021.1927312
A. Pastra, D. Koufopoulos, Nikola Samac, Tafsir Johansson
Abstract The purpose of this study is to explore the relationship between conflict in the boardroom and board performance in the Nordic Region. Embracing the information-processing perspective, we conceptualize board of directors as information processing systems that process large amounts of data and any type of conflict could affect their performance. Using primary data from 184 member of different boards, we conducted exploratory factor analyses of the used scales in order to confirm their proposed factor structure. After confirming their validity and reliability, hierarchical multiple regressions were applied. Results indicate that: (1) Relationship conflict has a negative effect on the performance of the board in providing strategic leadership and readiness; and (2) Process conflict negatively predicts strategic leadership. The above findings advance theoretical understanding of conflict in the boardroom and underline the need for a clear distinction between relationship conflict and process conflict since the two exist at different levels of the ‘conflict’ structure and instigated by different factors hinting different effects on board performance. Our study has several contributions to managerial practice, such as that personal friction among directors at the board meetings impacts both the strategic leadership of the board and its readiness in anticipating threats. In addition, process conflict in the boardroom may lead to misjudgments about shaping and implementing organizational strategy.
摘要本研究旨在探讨北欧地区董事会冲突与董事会绩效之间的关系。从信息处理的角度来看,我们将董事会概念化为处理大量数据的信息处理系统,任何类型的冲突都可能影响其绩效。利用184个不同董事会成员的原始数据,我们对所使用的量表进行了探索性因子分析,以确认他们提出的因子结构。在确认其效度和信度后,应用层次多元回归。结果表明:(1)关系冲突对董事会提供战略领导和准备的绩效有负向影响;(2)过程冲突负向预测战略领导。上述发现促进了对董事会冲突的理论理解,并强调了明确区分关系冲突和过程冲突的必要性,因为两者存在于“冲突”结构的不同层次,并且由不同因素引发,暗示对董事会绩效的影响不同。我们的研究对管理实践有一些贡献,例如董事在董事会会议上的个人摩擦既影响董事会的战略领导力,也影响其预测威胁的准备程度。此外,董事会中的过程冲突可能导致对制定和实施组织战略的错误判断。
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引用次数: 1
How informality affects habitual improvisation in firms: insights from the Nigerian movie industry 非正式性如何影响公司习惯性的即兴创作:来自尼日利亚电影业的见解
IF 1.4 Q4 MANAGEMENT Pub Date : 2021-04-03 DOI: 10.1080/00208825.2021.1898102
Uchenna Uzo, J. Mair
Abstract Research has often underestimated the pervasive and global occurrence of informality because studies largely define informality as illegal economic practices. This study adopts a multidimensional view of informality to explain how and why firms habitually improvise even when they do not experience unexpected or extreme eventualities. We addressed this concern through a comparative ethnographic study of three film production crews in the Nigerian movie industry. Our findings unravel the multiple dimensions of informality and define habitual improvization. We build a theoretical model that traces the organizing principles of informality and how they affect the modes of implementation and outcomes of habitual improvization. Finally, we offer an agenda for future theoretical and empirical research on informality and organizational improvization.
研究往往低估了非正式行为的普遍性和全球性,因为研究大多将非正式行为定义为非法的经济行为。本研究采用了非正式性的多维视角来解释企业如何以及为什么在没有经历意外或极端事件的情况下习惯性地即兴发挥。我们通过对尼日利亚电影业三个电影制作团队的比较人种学研究来解决这一问题。我们的发现揭示了非正式性的多个维度,并定义了习惯性的即兴化。我们建立了一个理论模型,追溯了非正式性的组织原则,以及它们如何影响习惯性即兴化的实施模式和结果。最后,对未来非正式性与组织即兴化的理论和实证研究提出了展望。
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引用次数: 1
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INTERNATIONAL STUDIES OF MANAGEMENT & ORGANIZATION
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