Asia Pacific Journal of Management最新文献

In this study we draw on self-consistency theory and examine the effects of perceived organizational exploitation on employees’ intention to leave, cyberloafing, and proactive behavior. We reveal the mediating effect of organization-based self-esteem (OBSE) and the moderating effect of task performance. We analyzed data from 223 matched supervisor-subordinate dyads in China and found that OBSE partially mediated the relationships between perceived organizational exploitation and employees’ intention to leave and cyberloafing, and fully mediated the association between perceived organizational exploitation and proactive behavior. In addition, high task performers suffered more damage at the hands of organizational exploitation than low task performers. Task performance strengthened the direct influence of perceived organizational exploitation on OBSE and its indirect effects on intention to leave, cyberloafing, and proactive behavior via OBSE. Our findings have theoretical and practical implications and provide new directions for research into organizational exploitation, OBSE, and job attitudes and behavior.

Responsible Innovation (RI) has increasingly attracted attention in academic research and business practice for UN Sustainable Development Goals (SDGs). Especially, the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) highlights RI as a key concept to address how to institutionalize and organize action programs to solve grand challenges. However, we know little about the determinants of organizing RI in business. By applying agile management and stakeholder theory, this study proposes the critical organizational factors to implement RI, namely: Organizational Agility and Communicative Actions. Based on the large-scale data analysis of 13,234 South Korean manufacturing firms during the period between 1999 and 2019, this paper investigates whether and how organizational factors can affect RI in the Asian context, using the zero-inflated negative binomial regression model. Findings show that well-organized agile management and communicative actions with stakeholders are essential to enhance RI performance in a holistic view. This study contributes to the recently emerging field of RI and offers novel theoretical and practical implications for academics and practitioners regarding the underlying mechanism of organizing RI.

The question of whether family firms (FFs) perform differently in internationalizing is still somewhat unclear. As FFs’ growth trajectories may affect the owners’ perceptions and expectations, this paper explores whether FFs’ listing pathways on financial markets help to explain their moves to internationalize. It is proposed that FFs pursuing backdoor listings differ from those that pursue direct initial public offerings (IPOs) in terms of internationalization because of the different extent of dysfunction caused by their bifurcation bias. The dysfunction is further amplified by industry competition as this introduces greater uncertainties and higher needs for reliance on nonfamily assets. Based on a panel sample of listed Chinese FFs, this research finds that FFs pursuing backdoor listings have a lower level of internationalization than FFs pursuing direct IPOs, and this difference is strengthened by industry competition. Overall, this study contributes to the debates on FFs’ internationalization by unveiling that their listing pathways constitute an important heterogeneity among FFs. It also supplements the international business (IB) literature with micro-foundation determinants of FFs’ internationalization based on the bifurcation bias perspective while highlighting industry competition as a critical boundary condition.

According to upper echelons theory, firms’ strategic decision-making is, to a great extent, driven by the mindsets of the managers. Focusing on the role of the Chief Executive Officer (CEO) coopetitive mindset, which reflects the CEO’s favorable perception of simultaneously competitive and cooperative relationships and the willingness to pursue opportunities for accessing complementary assets and managing complicated relationships in positive ways, this research attempts to fill an important gap in the growing body of literature by examining the human-side antecedents of firm coopetition, as well as its boundary conditions. Using a two-phase survey of 780 Chinese firms, we found that firms with CEOs who have more coopetitive mindsets are more likely to adopt coopetition alliances for innovation. In addition, the relationship between CEO mindsets and firm coopetition is contingent on different levels of executive job demand. Specifically, higher levels of innovation performance challenge, technological uncertainty, and regional intellectual property protection incompleteness strengthen the impact of CEO mindsets on firm coopetition alliances. This research enriches our understanding of the micro-foundation of coopetition by considering the role of CEOs. We also contribute to the upper echelons theory by depicting how executive job demands interactively moderate the impact of CEO mindsets in the contexts of firms’ coopetition for innovation. Moreover, this study provides enlightening implications for ongoing managerial practice.

Technological innovations while economically prudent may have harmful consequences to the planet and/or people. This paper empirically investigates the moderating effect of responsible investment on the influence of innovation on firm performance in manufacturing industry. The hypothesized relationships are justified using signalling theory. Relationships are tested using data from six countries in Asia-pacific region, namely Australia, Korea, Taiwan, China, India, and Vietnam. The established measures are drawn from well-established GMRG fifth version survey instrument. The empirical analysis on 297 data points was done using SmartPLS3. The result strongly suggests that the responsible investments have significant positive moderating effect on the innovation, product and process, and firm performance relationships. Managers are, therefore, encouraged to not only consider responsible consequences of technological innovation, but also pay attention to the responsible investment aspects that influence innovation-performance relationship.

Corporate response to natural disaster in the forms of cash and/or in-kind donations (corporate philanthropic disaster response, or CPDR) is a growing form of corporate philanthropy. Through an event study methodology based on 1,775 firms listed on the Tokyo Stock Exchange, we analyze shareholder reaction to CPDR announcements after the 2016 Kumamoto earthquakes in Japan. Controlling for the possibility that the most common explanations (buying goodwill and corporate governance) are at play, our results provide an empirical test of a little-explored explanation for the positive shareholder reaction to CPDR: namely, that corporate philanthropy is a market signal to outside investors of the firm’s future financial prospects. We find this explanation to be significant. Of note are also the facts that shareholder reaction is only significantly positive in the case of cash donation (as opposed to in-kind), and is more positive when announced early. Overall, our results align with the “strategic philanthropy” view grounded in resource-dependence theory. But instead of the typical focus on non-financial stakeholders, we argue that philanthropic donations can be used to directly influence investors.

This study investigates how and under which conditions political ties affect firm performance in a transition economy. Using the network-based view of social capital, we first distinguish between the two stages of accessing and mobilizing social capital in political ties, and then focus on network exploitation of political ties, proposing that government support acts as a mechanism that converts political ties into firm performance. We further examine the role of two personal traits of CEOs—political utilization orientation and prosocial orientation—in moderating this relationship. Using multi-source data from 626 small and medium-sized enterprises in China’s transition economy, we find that the effect of political ties on firm performance largely depends on the extent to which political ties can be utilized, and that the CEO’s political utilization orientation and prosocial orientation positively moderate this relationship. The implications of our findings for theory and practice are discussed.

People’s entrepreneurial intention and action largely depend on their development and acquisition of entrepreneurial capital, including human, social, and financial capital. Extant research has adopted an intergenerational perspective, emphasizing that entrepreneurial capital can be transferred from parents and grandparents to offspring. We advance this literature by introducing an intragenerational perspective and arguing that siblings affect one’s development and acquisition of entrepreneurial capital. Siblings enhance social capital development through mutual learning, hinder human capital development because parental resource dilution harms cognitive advancement, and facilitate financial capital acquisition via lending and co-funding. In combination, these effects result in an inverted U-shaped relationship between sibship size and entrepreneurial intention and a positive and concave relationship between sibship size and entrepreneurial action. We also argue that men obtain more combined entrepreneurial capital from siblings than do women due to their parents’ son preference, shifting the inflection points of these curved relationships to the right for men. We analyze data on 6,048 individuals (16–60 years old) and find general evidence for these notions.