British Journal of Management最新文献

筛选
英文 中文
CEO Locality and Corporate Social Responsibility CEO 所在地与企业社会责任
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-08-09 DOI: 10.1111/1467-8551.12859
Dianna Chang, Xin Chang, Weichen Yan
{"title":"CEO Locality and Corporate Social Responsibility","authors":"Dianna Chang, Xin Chang, Weichen Yan","doi":"10.1111/1467-8551.12859","DOIUrl":"https://doi.org/10.1111/1467-8551.12859","url":null,"abstract":"We explore the geography of corporate social responsibility (CSR) by examining the relationship between chief executive officer (CEO) locality (i.e. whether CEOs work near their hometowns) and CSR performance. The CSR score of firms with local CEOs exceeds that of firms without local CEOs by an amount equivalent to 11.1% of the sample mean CSR score. Further, the effect of CEO locality on CSR is more evident for firms headquartered in regions with high social capital, exhibiting a long‐term orientation, practising good corporate governance, or led by CEOs with early‐life disaster experiences or political connections. Additional analysis reveals that local CEOs emphasize CSR initiatives that boost local stakeholder welfare, strengthening the positive connection between CSR and firm performance. Our findings imply that CEO locality enhances CSR because local CEOs’ familiarity with and strong ties to their hometown regions align with CSR's emphasis on local engagement.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141948563","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Connected Directors–Advisors and Mergers and Acquisitions Outcomes 关联董事-顾问与并购成果
IF 4.5 2区 管理学
British Journal of Management Pub Date : 2024-08-08 DOI: 10.1111/1467-8551.12860
Leonidas G. Barbopoulos, Yizhe Dong, Haoyu Li, Chang Li
{"title":"Connected Directors–Advisors and Mergers and Acquisitions Outcomes","authors":"Leonidas G. Barbopoulos, Yizhe Dong, Haoyu Li, Chang Li","doi":"10.1111/1467-8551.12860","DOIUrl":"https://doi.org/10.1111/1467-8551.12860","url":null,"abstract":"We examine the impact of social ties between directors (directors or senior managers) of acquiring firms and their corresponding advisors on several mergers and acquisitions outcomes. The social ties between acquirers’ directors and their advisors are positively related to acquirers’ gains in the short and long run. This is due to lower takeover premia, lower advisory fees and shorter period to deal completion. This relation is more pronounced in deals involving inexperienced acquirers, targets in more opaque industries and targets recommended by advisors. We also find that acquirers are more likely to withdraw from deals with high premia if they hire a socially connected advisor. Identification is addressed by using instrumental variables, excluding deals that are prone to endogeneity and using the propensity score matching and the entropy balancing methods.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":4.5,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141926132","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Linking HRM with Sustainability Performance Through Sustainability Practices: Unlocking the Black Box 通过可持续发展实践将人力资源管理与可持续发展绩效联系起来:打开黑匣子
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-08-06 DOI: 10.1111/1467-8551.12861
Smirti Kutaula, Soumyadeb Chowdhury, Alvina Gillani, Pawan S. Budhwar, Prasanta Kumar Dey
{"title":"Linking HRM with Sustainability Performance Through Sustainability Practices: Unlocking the Black Box","authors":"Smirti Kutaula, Soumyadeb Chowdhury, Alvina Gillani, Pawan S. Budhwar, Prasanta Kumar Dey","doi":"10.1111/1467-8551.12861","DOIUrl":"https://doi.org/10.1111/1467-8551.12861","url":null,"abstract":"In response to the triple‐bottom‐line sustainability challenges facing today's world, organizations are increasingly incorporating sustainability principles into their strategies; however, this is challenging for small and medium‐sized enterprises (SMEs) with limited resources. While sustainable human resource management (HRM) has recently gained scholarly prominence, the impact of sustainable HRM practices on an organization's sustainability performance remains under‐explored. Anchored on signalling theory, we address this gap by examining the impact of sustainable HRM on an organization's sustainability performance. Drawing upon survey data collected from 254 employees across SMEs in Vietnam, we found that sustainable HRM practices and managerial competency positively impact sustainability practices, which in turn predict sustainability performance, while sustainability practices mediate these relationships. Employee sustainability participation and long‐term orientation strengthen the relationship between sustainability practices and sustainability performance. Further, co‐worker sustainability support moderates the relationship between sustainable HRM practices and managerial competency and sustainability practices. We discuss the contributions to theory and practice and provide future research directions.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141969735","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
NGO Activism and Anti‐Corruption Disclosures: An Empirical Study of Emerging Economy Multinational Companies 非政府组织的积极性与反腐败披露:新兴经济体跨国公司的经验研究
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-07-30 DOI: 10.1111/1467-8551.12856
Shah Md Taha Islam, Muhammad Azizul Islam, Zaheer Khan
{"title":"NGO Activism and Anti‐Corruption Disclosures: An Empirical Study of Emerging Economy Multinational Companies","authors":"Shah Md Taha Islam, Muhammad Azizul Islam, Zaheer Khan","doi":"10.1111/1467-8551.12856","DOIUrl":"https://doi.org/10.1111/1467-8551.12856","url":null,"abstract":"Building on social movement theory, we investigate particular stakeholder contexts, including non‐governmental organization (NGO) activism, within which emerging economy multinational companies (EMNCs) are more likely to disclose anti‐corruption information. By leveraging Transparency International's unique dataset on anti‐corruption disclosures by EMNCs, we find that EMNCs disclose more anti‐corruption information in countries with a lower level of government oppression of NGOs, greater transparency of NGOs, as well as a greater number of anti‐corruption NGOs operating in such markets. EMNCs with a higher level of internationalization exhibit more anti‐corruption disclosures when they are based in countries with a higher level of NGO transparency and a lower level of government oppression of NGOs. Anti‐corruption disclosures of EMNCs are more responsive to corruption scandals when they are headquartered in less repressive countries and countries with a higher level of NGO transparency. This study provides original insights into whether and how the NGO‐driven social movement process in institutional environments plays a role in influencing the anti‐corruption disclosure and transparency practices of EMNCs. We argue that, within the context of emerging economies, unless we consider the interactions of NGO activism with internationalization and corruption scandals, we will be unable to fully understand anti‐corruption disclosure practices by EMNCs.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141870373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Cultural Diversity and Value of Multinational Firms 文化多样性与跨国公司的价值
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-07-18 DOI: 10.1111/1467-8551.12855
John F. Zhang
{"title":"Cultural Diversity and Value of Multinational Firms","authors":"John F. Zhang","doi":"10.1111/1467-8551.12855","DOIUrl":"https://doi.org/10.1111/1467-8551.12855","url":null,"abstract":"This paper examines the influence of cultural diversity on the value of multinational firms. The results show that cultural diversity is negatively associated with firm value. After investigating the underlying channels, we find that the negative valuation effect of cultural diversity is driven mainly by lower cash flows. In contrast, we find insignificant evidence that cultural diversity has effects on discount rates. The negative effect of cultural diversity holds after addressing endogeneity issues. Further, the use of alternative measures of culture, different proxies for firm value and different estimation methods does not change our main result. Moreover, our results are robust when considering agency problems and the global financial crisis. Overall, these findings extend the literature on global diversification and indicate that the valuation discount is, to a certain degree, associated with cultural diversity.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141741324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Capital Market Scrutiny and Strategic Distinctiveness of the Firm: Evidence from a Natural Experiment 资本市场审查与公司的战略独特性:来自自然实验的证据
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-07-18 DOI: 10.1111/1467-8551.12857
Jingoo Kang, Yungu Kang
{"title":"Capital Market Scrutiny and Strategic Distinctiveness of the Firm: Evidence from a Natural Experiment","authors":"Jingoo Kang, Yungu Kang","doi":"10.1111/1467-8551.12857","DOIUrl":"https://doi.org/10.1111/1467-8551.12857","url":null,"abstract":"Several streams of strategy literature emphasize firms’ distinctive strategy as being key to sustainable competitive advantage. Using a unique natural experiment setting, we examine how increased scrutiny and pressure from short‐sellers affect the strategic distinctiveness of the firm. We find that increasing short‐selling pressure reduces the strategic distinctiveness of the firm and that this negative effect is more pronounced for more visible and underperforming firms. Our findings suggest that removing restrictions on short‐selling can have an unintended side‐effect of reducing the strategic distinctiveness of firms.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141746337","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
The Dynamics of Investor Sentiment Impacts in Equity Crowdfunding: Unveiling the When 股权众筹中投资者情绪的动态影响:揭示何时
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-07-17 DOI: 10.1111/1467-8551.12854
Thang Nguyen, Jiaqi Guo, Daniel Dao, Thanh Nguyen, Bao To
{"title":"The Dynamics of Investor Sentiment Impacts in Equity Crowdfunding: Unveiling the When","authors":"Thang Nguyen, Jiaqi Guo, Daniel Dao, Thanh Nguyen, Bao To","doi":"10.1111/1467-8551.12854","DOIUrl":"https://doi.org/10.1111/1467-8551.12854","url":null,"abstract":"Expanding upon the known impact of investor sentiment on crowdfunding contributions, we delve deeper to pinpoint specific conditions under which sentiment influences investor choices. Grounded in psychological theory, we assert that sentiment's influence thrives at the peak of investor attention, primarily on a campaign's first day and among projects with greater uncertainty. Our empirical study, based on 447 campaigns with 17,244 daily observations from the United Kingdom's Crowdcube platform, substantiates our claim. Our research enhances the comprehension of equity crowdfunding investors and provides practical insights for its proponents.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141741375","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Cheap Talk? Strategy Disclosure Intensity, Corporate Risk‐Taking and Financial Performance 廉价言论?战略披露强度、公司风险承担和财务业绩
IF 4.5 2区 管理学
British Journal of Management Pub Date : 2024-07-15 DOI: 10.1111/1467-8551.12853
Wenjing Cai, Wei Shi, Fuxiu Jiang
{"title":"Cheap Talk? Strategy Disclosure Intensity, Corporate Risk‐Taking and Financial Performance","authors":"Wenjing Cai, Wei Shi, Fuxiu Jiang","doi":"10.1111/1467-8551.12853","DOIUrl":"https://doi.org/10.1111/1467-8551.12853","url":null,"abstract":"Corporate risk‐taking is key to a firm's ability to achieve competitive advantages. Drawing on the attention‐based view and the information‐processing perspective, we argue that firms with higher strategy disclosure intensity (i.e. greater frequency of ‘corporate strategy’ mentions in a firm's public disclosure) will allocate more attention to corporate strategy and develop stronger information‐processing capacities, enabling them to undertake more intensive risk‐taking. This is particularly true when investment opportunities are more abundant and the environment is more dynamic. In addition, corporate risk‐taking will lead to better financial performance when firms exhibit stronger strategy disclosure intensity. Findings from 3190 firms support our arguments. Overall, this study advances strategic management research by demonstrating that strategy disclosure intensity provides important insights into a firm's risk‐taking decisions and performance.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":4.5,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141645972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Recognising the Service of our Reviewers 表彰评审员的服务
IF 4.5 2区 管理学
British Journal of Management Pub Date : 2024-07-09 DOI: 10.1111/1467-8551.12843
{"title":"Recognising the Service of our Reviewers","authors":"","doi":"10.1111/1467-8551.12843","DOIUrl":"10.1111/1467-8551.12843","url":null,"abstract":"","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":4.5,"publicationDate":"2024-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141576275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
HRM Algorithms: Moderating the Relationship between Chaotic Markets and Strategic Renewal 人力资源管理算法:调节混乱市场与战略更新之间的关系
IF 5.6 2区 管理学
British Journal of Management Pub Date : 2024-07-03 DOI: 10.1111/1467-8551.12852
Yancy Vaillant, Ferran Vendrell‐Herrero, Oscar F. Bustinza, Yijun Xing
{"title":"HRM Algorithms: Moderating the Relationship between Chaotic Markets and Strategic Renewal","authors":"Yancy Vaillant, Ferran Vendrell‐Herrero, Oscar F. Bustinza, Yijun Xing","doi":"10.1111/1467-8551.12852","DOIUrl":"https://doi.org/10.1111/1467-8551.12852","url":null,"abstract":"HRM algorithms can profoundly impact organizations in the digital economy era. In the face of turbulent and complex market conditions, strategic renewal is regarded as one of the most important organizational mechanisms for dealing with market uncertainty and a turbulent environment. However, the existing research remains elusive about the relationship between market‐level conditions and firm‐level strategic renewal. Our paper addresses this important gap by examining the potential enhancement of agile strategic renewal in high‐uncertainty environments through the implementation of HRM algorithms. Drawing on Chaos Theory, we argue that HRM algorithms have the potential to support the self‐organization capacity of a workforce, supporting better alignment with changing environments. Using covariance‐based structural equation modelling on a survey of over 500 Spanish firms, our findings provide partial support for the modelled hypotheses by showing that the use of HRM algorithms positively moderates the relationship between market turbulence and strategic renewal, but does not appear to moderate the relationship between market complexity and strategic renewal. The study contributes to our understanding of the importance of adopting internal business analytics systems to stimulate agility and align the workforce more effectively with changing environments, but also highlights their less substantive role in deciphering complex external factors.","PeriodicalId":48342,"journal":{"name":"British Journal of Management","volume":null,"pages":null},"PeriodicalIF":5.6,"publicationDate":"2024-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141548502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信