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The High Cost of Cheap Talk: How Disingenuous Ethical Language Can Reflect Agency Costs 廉价话语的高成本:虚伪的道德语言如何反映代理成本
IF 13.5 1区 管理学
Journal of Management Pub Date : 2025-01-09 DOI: 10.1177/01492063241305037
Stephen J. Smulowitz, Michael D. Pfarrer, Didier Cossin, Hongze (Abraham) Lu
{"title":"The High Cost of Cheap Talk: How Disingenuous Ethical Language Can Reflect Agency Costs","authors":"Stephen J. Smulowitz, Michael D. Pfarrer, Didier Cossin, Hongze (Abraham) Lu","doi":"10.1177/01492063241305037","DOIUrl":"https://doi.org/10.1177/01492063241305037","url":null,"abstract":"Does the use of a certain type of ethical language indicate that managers are failing to behave in a socially responsible manner? Managers are increasingly using language related to ethics, values, and corporate purpose in their communications with stakeholders. However, while economic models argue that “talk is cheap,” we predict that some ethical language (i.e., cheap talk) can reflect agency costs. That is, cheap talk reflects managers being disingenuous with stakeholders about their ethical intentions in order to reduce pressure on corporate social performance (CSP). We test this prediction by inductively creating a dictionary of cheap talk words and demonstrating that the use of cheap talk in annual reports (10-Ks) is associated with decreasing CSP. We also examine how monitoring by stakeholders concerned about CSP (specifically, security analysts and women board membership) can reduce this effect, and how certain types of executive compensation (specifically, exercisable and non-exercisable options) can either alleviate or worsen this effect. We contribute to the cheap talk literature (a subset of the impression management literature) by showing the high cost of disingenuous ethical language (i.e., cheap talk). We also add to the literature distinguishing between “values” and “legal” ethical talk by showing in post hoc analyses that words reflecting values are more likely to be cheap talk.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"35 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2025-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142936677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Autistic Applicants’ Job Interview Experiences and Accommodation Preferences: An Intersectional Analysis 自闭症申请人的求职面试经历与住宿偏好:一个交叉分析
IF 13.5 1区 管理学
Journal of Management Pub Date : 2025-01-06 DOI: 10.1177/01492063241308214
Maira E. Ezerins, Lauren S. Simon, Christopher C. Rosen
{"title":"Autistic Applicants’ Job Interview Experiences and Accommodation Preferences: An Intersectional Analysis","authors":"Maira E. Ezerins, Lauren S. Simon, Christopher C. Rosen","doi":"10.1177/01492063241308214","DOIUrl":"https://doi.org/10.1177/01492063241308214","url":null,"abstract":"Although more organizations are seeking autistic applicants, autistic people remain in an unemployment crisis. This may be due in part to job interviews, which often implicitly evaluate relational and social skills—an area with which many autistic people struggle. To determine how to better support autistic applicants, we conduct a mixed methods study to identify, from their own perspective, the accommodations that would have the greatest impact on autistic individuals’ interview anxiety and performance. Additionally, we examine differences in interview anxiety and preferred adjustments to the interview process between both autistic and allistic participants and intersectionally across gender. Findings revealed additive effects of neurotype and gender on interview anxiety, with autistic participants reporting higher anxiety than allistic participants, and women reporting higher anxiety than men. Interestingly, despite a small number of notable differences, there were far more similarities between groups regarding preferred interview adjustments. These findings suggest that many adjustments to the interview process may be helpful across neurotypes, although they are perhaps particularly beneficial for alleviating the comparatively higher anxiety levels experienced by autistic applicants. Overall, there is a need to consider how and whether current interview best practices (e.g., standardization and structure) can be adapted to facilitate the inclusion of diverse neurotypes across a range of individual differences. As a starting point, we offer practical guidelines for managers wishing to improve the interview process for autistic and allistic applicants alike and set a foundation for future research.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"38 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2025-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142929396","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Eyes on the Ball: Activist Campaigns and Management’s Response at the Operational Level 关注球:活动家运动和管理层在业务层面的反应
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-29 DOI: 10.1177/01492063241305053
Razvan Lungeanu, Margarethe Wiersema
{"title":"Eyes on the Ball: Activist Campaigns and Management’s Response at the Operational Level","authors":"Razvan Lungeanu, Margarethe Wiersema","doi":"10.1177/01492063241305053","DOIUrl":"https://doi.org/10.1177/01492063241305053","url":null,"abstract":"More than 45% of the S&P 500 have been the target of activist investors. As a major shareholder in the firms they target, activist investors’ campaigns raise concerns over the firm’s poor performance and pose a threat to management’s control over the firm. Prior research has found that activist campaigns have significant consequences, as management curtails long-term investments, divests businesses, and foregoes acquisitions. Strategic decisions at the corporate level, however, do not provide insight as to whether activist investors motivate management to improve the operational competitiveness of the firm. Our study seeks to address whether activist campaigns succeed in motivating management to improve the firm’s operational competitiveness. This represents an important issue since the firm’s operational practices are essential to its competitiveness and performance. Our study proposes and finds that firms targeted by activist investors seek new ways by which to improve the firm’s operational efficiency and effectiveness. In addition, the management of target firms shift their emphasis to tactics that can improve the firm’s operations in the short-term. We use a measure of operational competitiveness that provides detail and granularity at a tactical level, enabling us to compare and contrast how firms respond to activist investors at the operational level of the firm. Thus, our study provides important insights not previously found that activist campaigns motivate management to improve the firm’s operational competitiveness.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"87 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142887384","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Being Moral When It Is Counternormative: The Relationship Between the Creative Identity and Moral Objection 反规范时的道德:创造性认同与道德反对的关系
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-29 DOI: 10.1177/01492063241305569
Lynne C. Vincent, Maryam Kouchaki
{"title":"Being Moral When It Is Counternormative: The Relationship Between the Creative Identity and Moral Objection","authors":"Lynne C. Vincent, Maryam Kouchaki","doi":"10.1177/01492063241305569","DOIUrl":"https://doi.org/10.1177/01492063241305569","url":null,"abstract":"Relying on the work on creative prototype and role theory, we demonstrate that having a creative identity can lead to moral objection depending on the implication of the act for one’s identity as a creative individual. In a pilot study using a survey of working adults, we find that employees’ creative identities and their intention to object in moral situations are positively and significantly correlated. Utilizing measurement-of-mediation (Study 1) and experimental mediation (Studies 2–4) approaches, we test and find support for the mediating role of norm-breaking motives predicting moral objection. In Studies 2–4, we find that creative identities lead to moral objection when moral objection is counter-normative and not when it is an expected, normative behavior. Across five studies ( N = 1,327), utilizing both experimental and correlational methods, this paper shows that creative identities can prompt moral objection when such objection is counter-normative, aligning with the creative prototype and reinforcing a creative identity through norm-breaking motives. We extend prior theories on the consequences of creativity, the creative prototype, creative identities, and their link with moral acts.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"12 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142887385","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Disadvantaged Communities, Sudden Threats, and the Founding of Social Movement Organizations: The Case of Anti-Mafia Organizations 弱势社区、突发威胁与社会运动组织的建立——以反黑手党组织为例
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-27 DOI: 10.1177/01492063241299401
Heewon Chae, Giovanni Battista Dagnino, Pino G. Audia
{"title":"Disadvantaged Communities, Sudden Threats, and the Founding of Social Movement Organizations: The Case of Anti-Mafia Organizations","authors":"Heewon Chae, Giovanni Battista Dagnino, Pino G. Audia","doi":"10.1177/01492063241299401","DOIUrl":"https://doi.org/10.1177/01492063241299401","url":null,"abstract":"We examine the contribution of disadvantaged communities to protest and the creation of social movement organizations (SMOs). While some view disadvantaged groups’ dissatisfaction with the status quo as critical, others expect them to be reluctant to initiate collective action because they tolerate grievances that tend to be stable over time. We suggest that sudden threats that stir up the urgency to fight against the status quo serve as a catalyst for the influence of disadvantaged communities on protest and SMO creation. Quantitative analyses of the emergence of SMOs that fought against the Mafia in Palermo, Italy, reveal two main findings. First, murders of individuals who challenged the Mafia increase anti-Mafia protest events especially in disadvantaged communities. Second, SMO creation is less likely to occur in disadvantaged communities. But protest events strengthen SMO creation, and this relationship is stronger in disadvantaged communities. An experiment in the context of racism in policing provides additional evidence of these links while also pointing to anger as an important mechanism. Overall, this study helps identify situations in which disadvantaged communities’ latent grievances, ignited by sudden threats, work in tandem with protests to create a distinct route to SMO foundings.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"80 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142887392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Coping With Competing Role Expectations: How Do Independent Directors Make Sense of Their Role? 应对相互竞争的角色期望:独立董事如何理解自己的角色?
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-16 DOI: 10.1177/01492063241304376
Jin-ichiro Yamada, Toru Yoshikawa
{"title":"Coping With Competing Role Expectations: How Do Independent Directors Make Sense of Their Role?","authors":"Jin-ichiro Yamada, Toru Yoshikawa","doi":"10.1177/01492063241304376","DOIUrl":"https://doi.org/10.1177/01492063241304376","url":null,"abstract":"How do individual independent directors make sense of their director role? We examine this question in the context of competing expectations among key corporate governance actors during the onboarding process of independent directors. This study explores how independent directors navigate these expectations, which stem from both external change agents, such as government agencies and the media, and internal actors, especially management. Given the inherent ambiguity of their roles, which involve multiple board tasks and lack explicit definition, independent directors often face role conflicts. Our findings reveal that independent directors resolve these conflicts by adopting one of three role orientations: external adaptive, organizational alignment, or provisional balancing. Through this process, they construct their director role by coping with the expectations of key governance actors. This study contributes to the micro-foundations of corporate governance research by shedding light on the individual-level dynamics that shape how independent directors interpret and enact their roles.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"3 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142831927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Pioneer Learning From Failure: How Competitor Entry and Consumer Reports Improve Learning From Failure Repositories 从失败中学习的先锋:竞争者进入和消费者报告如何改进从失败中学习的资料库
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-16 DOI: 10.1177/01492063241303059
David Maslach, Horacio Rousseau, Bruce Lamont
{"title":"Pioneer Learning From Failure: How Competitor Entry and Consumer Reports Improve Learning From Failure Repositories","authors":"David Maslach, Horacio Rousseau, Bruce Lamont","doi":"10.1177/01492063241303059","DOIUrl":"https://doi.org/10.1177/01492063241303059","url":null,"abstract":"While learning is key for pioneers—firms introducing new products without existing competitors—a lack of competitors limits learning opportunities. To compensate, pioneers in safety-critical industries frequently resort to failure repositories—databases that track failure reports in an industry. However, the sheer volume, inconsistency, and unstructured nature of such failure reports make them difficult to use without clear referents that provide a benchmark and context for interpretation. We investigate how the entry of a competitor enhances pioneers’ learning effectiveness by offering such a stable basis for comparison and analysis. Specifically, we observe changes in failure reports that support our theory that pioneers adjust their learning processes in response to the altered availability and nature of failure information in a repository after competitor entry. Consumer failure reports, which provide unfiltered and unique information, are crucial for understanding and addressing problems that may result in failure. Our analysis of the medical device industry shows that pioneers learn more effectively after a competitor enters the market. Pioneers learn more effectively from consumer reports, especially when not interspersed with less valuable sources, such as expert and internal firm reports. Notably, pioneer learning after competitor entry leads to lower reported alleged future injuries and product malfunctions. These findings contribute to repository-based learning by showing how competition can improve effectiveness and suggesting that distinct consumer feedback is particularly valuable for pioneering firms. Besides adding to the literature on organizational learning, this study also highlights the role of competition in fostering innovation and improving safety.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"10 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142831925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Retirement and Organizations: Advocating Organizational Responsibility for Retirement in Practice and Scholarship 退休与组织:在实践与学术中倡导退休的组织责任
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-11 DOI: 10.1177/01492063241303064
Valerie Caines, Gokhan Ertug, Prashant Bordia, Deidra J Schleicher
{"title":"Retirement and Organizations: Advocating Organizational Responsibility for Retirement in Practice and Scholarship","authors":"Valerie Caines, Gokhan Ertug, Prashant Bordia, Deidra J Schleicher","doi":"10.1177/01492063241303064","DOIUrl":"https://doi.org/10.1177/01492063241303064","url":null,"abstract":"In this editorial we discuss organizations’ role in the process of retirement. We argue that organizations have abdicated their moral obligation to older workers, thereby negatively impacting older workers’ wellbeing and their successful transition to retirement. We also note that organizational studies scholars have not paid adequate attention to that negligence, or its alternatives. We suggest that, among other reasons, this oversight can be a result of the comparatively privileged socioeconomic positions of faculty in business schools vis-à-vis older workers in many other occupations, as well as to a discord between traditional human capital and human resource management theories and modern retirement practices. Organizations exert significant influence on how and when workers retire, in ways that are related both to their treatment of older workers and their failure to provide adequate retirement support. These place the onus unduly on individuals to manage their own retirement while simultaneously restricting their control over retirement decisions. We call for renewed research attention to organizations’ role in retirement planning and decisions in pursuit of a more inclusive and socially responsible organizational approach to workforce aging and retirement.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"9 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810152","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Political Directors and the Recruitment of Foreign Workers 政治董事和外国工人的招聘
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-11 DOI: 10.1177/01492063241300311
Steve Sauerwald, Peter Norlander
{"title":"Political Directors and the Recruitment of Foreign Workers","authors":"Steve Sauerwald, Peter Norlander","doi":"10.1177/01492063241300311","DOIUrl":"https://doi.org/10.1177/01492063241300311","url":null,"abstract":"Companies strive to gain a competitive advantage by recruiting highly qualified employees. One way to achieve this goal is by recruiting foreign workers, frequently through the H-1B visa program. However, immigration has become a contentious political issue in the United States, making it more difficult to recruit foreign workers. We examine how politicians on the board influence recruitment strategies aimed at attracting foreign workers. Studying the aftermath of the 2016 U.S. presidential election and President Donald Trump’s “Buy American, Hire American” policy, we estimate the impact of political directors on recruiting strategies. By analyzing the near-universe of job advertisements in the United States, we develop novel firm-level measures of employment barriers for foreign workers. We find that the presence of political directors increased the employment barriers for foreign workers after Trump’s inauguration. We also argue that the information processing capabilities of the board moderate this effect: diverse boards and boards with Human Resources committees decrease the employment barriers for foreign workers, whereas shareholder meetings during periods of heightened political risk increase these employment barriers.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"23 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Mirror Versus Substitute: How Institutional Context Affects Individual Motivation for Corporate Social Responsibility 镜像与替代:制度背景如何影响个人的企业社会责任动机
IF 13.5 1区 管理学
Journal of Management Pub Date : 2024-12-11 DOI: 10.1177/01492063241299403
Anna Jasinenko, Steven A. Brieger, Patrick Haack
{"title":"Mirror Versus Substitute: How Institutional Context Affects Individual Motivation for Corporate Social Responsibility","authors":"Anna Jasinenko, Steven A. Brieger, Patrick Haack","doi":"10.1177/01492063241299403","DOIUrl":"https://doi.org/10.1177/01492063241299403","url":null,"abstract":"The institutional perspective on corporate social responsibility (CSR) has discussed two diametrically opposed hypotheses about how institutional context influences CSR. Whereas the mirror hypothesis suggests that CSR is stronger in institutional contexts with stringent CSR-related regulations, the substitute hypothesis posits that CSR is stronger in weakly regulated contexts. Drawing on the micro-CSR literature, we propose that examining individual CSR motivation can help to better understand the effect of institutional context on CSR because it makes focusing on substantively motivated CSR possible, and it can shed light on the hitherto neglected psychological moderators in this relationship. We conducted three studies, obtaining results indicating that institutional trust is an important moderator of the institutional effect on individual CSR motivation. Overall, we found the highest individual CSR motivation when regulatory stringency and institutional trust were high, supporting the mirror hypothesis. However, in contexts of low institutional trust, this positive effect of a strong institutional context was reduced or even reversed. Our study contributes to the literature on the institutional perspective on CSR, micro-CSR, and institutional theory, and it has important practical implications for CSR management.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":"117 1","pages":""},"PeriodicalIF":13.5,"publicationDate":"2024-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810154","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
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