Asia Pacific Journal of Management最新文献

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Are executive pay and firm performance related? Evidence-based on meta-regression analysis 高管薪酬与公司业绩是否相关?基于元回归分析的证据
IF 5.4 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-09-13 DOI: 10.1007/s10490-024-09979-9
Madhur Bhatia, Rachita Gulati, Sunil Kumar
{"title":"Are executive pay and firm performance related? Evidence-based on meta-regression analysis","authors":"Madhur Bhatia, Rachita Gulati, Sunil Kumar","doi":"10.1007/s10490-024-09979-9","DOIUrl":"https://doi.org/10.1007/s10490-024-09979-9","url":null,"abstract":"<p>The empirical research on executive pay has garnered growing interest in recent years; however, these studies produce inconclusive evidence. Thereby, this study endeavors to quantitatively synthesize the results of the 137 research studies on the performance-pay relationship while factoring both institutional contexts (cross-sectional heterogeneity) and institutional dynamics (longitudinal heterogeneity). The meta-regression results corroborate the agency’s viewpoint that a positive and statistically significant relation exists between executive pay and firm performance. However, the variations in corporate governance systems substantially impact the relationship between performance and remuneration, highlighting the importance of the managerial power approach. As determined by the temporal analysis, this association has weakened over time, which is substantially attributable to the development of sound regulatory policies, the growing significance of alternative governance practices, analytical approaches, and firm nature. Furthermore, it is noted that with the convergence in governance practices, the moderating impact of different institutional contexts has become statistically less significant over time. Our results unequivocally demonstrate the critical role that institutional dynamics play in moderating the performance-pay relationship. This way, the study answers unresolved queries about the performance-pay association.</p>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"30 1","pages":""},"PeriodicalIF":5.4,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142226518","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
Entrepreneurial alertness: A mechanism for innovation and growth in an emerging economy 创业警觉性:新兴经济体的创新和增长机制
IF 4.9 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-08-20 DOI: 10.1007/s10490-024-09978-w
Stephen E. Lanivich, Nadia Zahoor, Francis Donbesuur, Domnan Miri, Samuel Adomako
{"title":"Entrepreneurial alertness: A mechanism for innovation and growth in an emerging economy","authors":"Stephen E. Lanivich,&nbsp;Nadia Zahoor,&nbsp;Francis Donbesuur,&nbsp;Domnan Miri,&nbsp;Samuel Adomako","doi":"10.1007/s10490-024-09978-w","DOIUrl":"10.1007/s10490-024-09978-w","url":null,"abstract":"<div><p>In this study, we draw from the conservation of resources theory to develop and test a model on the processes through which resiliency influences two entrepreneurial strategies, product differentiation and international diversification. Results from 226 entrepreneurs in Pakistan demonstrate that psychological resiliency predicts product diversification and international diversification through entrepreneurial alertness. Also, we find that institutional voids moderate the relationship between entrepreneurial alertness, product diversification, and international diversification. Our theorizing advances entrepreneurial alertness as a lynchpin variable for operationalizing founders’ characteristics to affect innovation and expansion efforts. Furthermore, by demonstrating the complementary effect of institutional voids on the entrepreneurial alertness–product differentiation and entrepreneurial alertness–international diversification relationships, we draw the attention of entrepreneurs to the brighter side of institutional voids. This is an important addition to international entrepreneurship literature and a critical contextual contribution to entrepreneurial alertness theory development because limited attention is devoted to examining how resiliency promotes entrepreneurial alertness for facilitating product differentiation and international diversification strategies in the Asia Pacific region.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 1","pages":"109 - 136"},"PeriodicalIF":4.9,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://link.springer.com/content/pdf/10.1007/s10490-024-09978-w.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142207773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Let’s Talk about AI: Talking about AI is Positively Associated with AI Crafting 让我们来谈谈人工智能:谈论人工智能与人工智能制作息息相关
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-07-11 DOI: 10.1007/s10490-024-09975-z
Xiaowei Dong, Luyuan Jiang, Wanlu Li, Chen Chen, Yuqing Gan, Jingtian Xia, Xin Qin
{"title":"Let’s Talk about AI: Talking about AI is Positively Associated with AI Crafting","authors":"Xiaowei Dong,&nbsp;Luyuan Jiang,&nbsp;Wanlu Li,&nbsp;Chen Chen,&nbsp;Yuqing Gan,&nbsp;Jingtian Xia,&nbsp;Xin Qin","doi":"10.1007/s10490-024-09975-z","DOIUrl":"10.1007/s10490-024-09975-z","url":null,"abstract":"<div><p>Artificial intelligence (AI) is becoming increasingly common in organizations, and more and more employees are talking about AI with their coworkers (i.e., AI talk). However, we have limited knowledge of what effects AI talk has on employees’ psychological states and subsequent behaviors. Drawing on self-efficacy theory, we propose that talking about AI is positively associated with AI self-efficacy (i.e., the degree to which individuals think they can successfully complete AI-related tasks), which in turn increases proactive coping behavior to adapt to AI (i.e., AI crafting). Furthermore, we suggest that leader AI-focused attention moderates these positive indirect effects such that these relationships are strengthened when leaders focus more attention on AI (i.e., leader AI-focused attention is high). To test our theoretical model, we conducted an experiment and a multi-wave field study in organizations using AI. This research reveals the effects of AI talk on AI crafting via AI self-efficacy, which expands the existing AI literature and job crafting literature and provides a more comprehensive understanding of AI in the workplace.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1453 - 1484"},"PeriodicalIF":5.8,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141586055","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
Digital orientation and analyst recommendations: Evidence from China 数字导向与分析师建议:来自中国的证据
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-07-02 DOI: 10.1007/s10490-024-09976-y
Di Zhu, Xiao Zhang, Jie Wang
{"title":"Digital orientation and analyst recommendations: Evidence from China","authors":"Di Zhu,&nbsp;Xiao Zhang,&nbsp;Jie Wang","doi":"10.1007/s10490-024-09976-y","DOIUrl":"10.1007/s10490-024-09976-y","url":null,"abstract":"<div><p>Because of information asymmetry in the capital market, analysts find it difficult to obtain accurate internal information of the enterprise and usually only rely on signals conveyed by firms to predict firms’ value and future development trends. Previous researchers have focused more on the impact of signals about quality on analyst recommendations and ignored the impact of signals about intent. Based on signaling theory, we study how digital orientation, a typical signal about intent in the digital economy era, affects analyst recommendations; we also explore how three dimensions: dynamism, complexity, and munificence from a signaling environment perspective affect the signaling process. Using a mixed-methods approach and in the unique context of the Chinese digital economy, we find that the digital orientation can increase the analyst recommendations. Industrial uncertainty and industrial digital heterogeneity both strengthen the positive effect of digital orientation on analyst recommendations. On the contrary, industrial growth weakens the positive effect of digital orientation on analyst recommendations. This study provides new insights for understanding the transmission of firm signals about intent and the evaluation of external stakeholders in the era of the digital economy.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1683 - 1716"},"PeriodicalIF":5.8,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141686345","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
Is obedience rewarding? State investment in response to CSR reporting in China 服从有回报吗?国家投资对中国企业社会责任报告的回应
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-07-01 DOI: 10.1007/s10490-024-09973-1
Ruxi Wang, Yihui Xiao, Chunling Zhu, Yuwei Qi
{"title":"Is obedience rewarding? State investment in response to CSR reporting in China","authors":"Ruxi Wang,&nbsp;Yihui Xiao,&nbsp;Chunling Zhu,&nbsp;Yuwei Qi","doi":"10.1007/s10490-024-09973-1","DOIUrl":"10.1007/s10490-024-09973-1","url":null,"abstract":"<div><p>Scholars have recognized governmental and political influences on corporate social responsibility (CSR) reporting activities. However, whether such activities subsequently result in governmental support to firms remains unchecked. We theorize that due to governments’ multiple demands and developmental agenda, state investments with divergent underlying incentives respond differently to firms’ CSR reporting. Using a panel data analysis on 1462 Chinese private firms from 2014–2018, we find that CSR report quality is positively associated with further state investment with a socially-beneficial incentive, and negatively associated with further state investment with a profit-seeking incentive. We further reveal that the relationship between the quality of CSR report and two types of state investments are weakened by chief executive officer (CEO) succession and strengthened by a local CEO. Our study contributes to research on CSR and stakeholder theory.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1303 - 1343"},"PeriodicalIF":5.8,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141695222","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
Does family ownership reduce exploratory innovation in family firms? The moderating role of the generational stage 家族所有权是否减少了家族企业的探索性创新?代际阶段的调节作用
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-05-30 DOI: 10.1007/s10490-024-09970-4
Junjie Guang, Yang (Eric) Zhou, Lei Gong, Li Xia, Zhiying Liu
{"title":"Does family ownership reduce exploratory innovation in family firms? The moderating role of the generational stage","authors":"Junjie Guang,&nbsp;Yang (Eric) Zhou,&nbsp;Lei Gong,&nbsp;Li Xia,&nbsp;Zhiying Liu","doi":"10.1007/s10490-024-09970-4","DOIUrl":"10.1007/s10490-024-09970-4","url":null,"abstract":"<div><p>Existing literature suggests that family ownership (FO) reduces exploratory innovation (ERI). Contrary to this conventional view, some family firms are among the world's innovation leaders. Our study aims to reconcile this discrepancy by examining the role of restricted and extended socioemotional wealth in the relationship between FO and ERI. We posit that while FO may inhibit the capacity for ERI due to rigid mental models and cognitive convergence, it fosters the willingness for ERI owing to a long-term orientation. We argue that FO exhibits an inverted U-shaped effect on ERI. Empirical evidence from 938 Chinese-listed family firms between 2011 and 2021 supports our hypothesis. Our findings indicate that FO's influence on ERI is not uniformly detrimental and that a moderate level of FO can promote ERI. Additionally, the latter generational stage (GS) attenuates the inverted U-shaped curve, implying that family firms in the latter GS may exhibit lower levels of ERI. This study offers theoretical and practical insights into FO and technological innovation research domains.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1485 - 1515"},"PeriodicalIF":5.8,"publicationDate":"2024-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145227947","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 impact of tones of executive communication on firm risk-taking: Evidence from performance volatility and acquisition spending 高管沟通语调对公司风险承担的影响:业绩波动和收购支出的证据
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-05-21 DOI: 10.1007/s10490-024-09963-3
Hanqing Zhao, Heng Liu, Man Yang, Huiyang Li
{"title":"The impact of tones of executive communication on firm risk-taking: Evidence from performance volatility and acquisition spending","authors":"Hanqing Zhao,&nbsp;Heng Liu,&nbsp;Man Yang,&nbsp;Huiyang Li","doi":"10.1007/s10490-024-09963-3","DOIUrl":"10.1007/s10490-024-09963-3","url":null,"abstract":"<div><p>Although current research has demonstrated that executive verbal communication could shape shareholders’ expectancy and responses, the hazards of executive communication and firms’ follow-up responses are largely neglected. Based on expectancy violation theory, we explore how different levels of managerial tone trigger a firm’s risk-taking to avoid violating shareholder expectancy. Using a computer-aided approach to identify managerial tones, our empirical study based on Chinese listed firms indicates that managers tend to take more risks (illustrated by higher performance volatility and acquisition spending) after delivering high-level (optimistic) or low-level (pessimistic) linguistic tones at an earnings communication conference. The results are robust by employing several endogeneity checks. We also identify a mediating role of shareholder reactions and the moderating role of firm prominence. These findings contribute to the executive communication literature by suggesting firms adopting risky strategies in response to shareholder reactions led by managerial tone.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1565 - 1608"},"PeriodicalIF":5.8,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141114615","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
Distributor whistleblowing: The effects of manufacturer trustworthiness, opportunism, and transaction contexts 分销商举报:制造商可信度、机会主义和交易环境的影响
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-05-20 DOI: 10.1007/s10490-024-09971-3
Jing Zhou, Chuang Zhang, Shibin Sheng
{"title":"Distributor whistleblowing: The effects of manufacturer trustworthiness, opportunism, and transaction contexts","authors":"Jing Zhou,&nbsp;Chuang Zhang,&nbsp;Shibin Sheng","doi":"10.1007/s10490-024-09971-3","DOIUrl":"10.1007/s10490-024-09971-3","url":null,"abstract":"<div><p>Distributor whistleblowing, which involves disclosing peers’ misconduct to the manufacturer, plays a crucial role in the governance of distribution relationships. This study focuses on the interfirm relationship between a potential distributor whistleblower and a manufacturer to explore the effects of manufacturer characteristics on distributor whistleblowing. In particular, drawing on relational exchange theory and transaction cost economics, this study examines the effects of manufacturer trustworthiness and opportunism on distributor whistleblowing, along with the moderating effects of transaction contexts (distributor relative transaction-specific investment and relationship duration). Data from 211 senior distributor managers reveal that manufacturer trustworthiness has a positive effect on distributor whistleblowing, which is weakened by distributor relative transaction-specific investment and strengthened by relationship duration. In contrast, manufacturer opportunism has a negative impact on distributor whistleblowing that is undermined by relationship duration. These findings provide new insights into how to encourage distributor whistleblowing.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1717 - 1741"},"PeriodicalIF":5.8,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141122731","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
Who is likely to be ostracized? The easy target is the Dark Triad 谁有可能被排斥?黑暗三合会是最容易的目标
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-05-20 DOI: 10.1007/s10490-024-09972-2
Xiaofeng Xu, Ho Kwong Kwan, Feng Wei, Yihui Wang
{"title":"Who is likely to be ostracized? The easy target is the Dark Triad","authors":"Xiaofeng Xu,&nbsp;Ho Kwong Kwan,&nbsp;Feng Wei,&nbsp;Yihui Wang","doi":"10.1007/s10490-024-09972-2","DOIUrl":"10.1007/s10490-024-09972-2","url":null,"abstract":"<div><p>Drawing on the target-behavior mechanism and victim precipitation theory, we investigated the effect of the Dark Triad traits (i.e., Machiavellianism, narcissism, and psychopathy) on exposure to workplace ostracism. Through experimental and field studies, we found that individuals with high levels of Dark Triad traits were at high risk of being ostracized. Self-serving cognitions mediated the relationship between the Dark Triad traits and exposure to workplace ostracism, and collectivism orientation alleviated the relationship between self-serving cognitions and exposure to workplace ostracism. Our findings extend research on the impact of personality dispositions on workplace ostracism, providing implications for theory and practice.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1805 - 1832"},"PeriodicalIF":5.8,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://link.springer.com/content/pdf/10.1007/s10490-024-09972-2.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141122090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
What they want to say and what they say: Employee voice gap and associated outcomes in the Chinese context 他们想说什么和他们说了什么:中国员工话语权差距及相关结果
IF 5.8 2区 管理学
Asia Pacific Journal of Management Pub Date : 2024-05-07 DOI: 10.1007/s10490-024-09960-6
Liwen Chen, Zhong-Xing Su, Guanghua Wang, Fang Lee Cooke
{"title":"What they want to say and what they say: Employee voice gap and associated outcomes in the Chinese context","authors":"Liwen Chen,&nbsp;Zhong-Xing Su,&nbsp;Guanghua Wang,&nbsp;Fang Lee Cooke","doi":"10.1007/s10490-024-09960-6","DOIUrl":"10.1007/s10490-024-09960-6","url":null,"abstract":"<div><p>This study addresses an understudied research area in current voice research—the employee voice gap, defined as the extent to which employees perceived actual voice falls short of their demand for voice. Drawing on social exchange theory, we propose that the employee voice gap can be a significant reason for turnover intention, and such a relationship is mediated by employees’ perceptions of working conditions and industrial relations climate. We also argue that these relationships exist at the firm level and that the aggregated voice gaps are associated with organizational turnover rates. We provide empirical evidence for the relationships using the 2019 China Employer-Employee Matched Survey data of 4602 employees from 301 firms. The findings of our study point to similar voice gap patterns to those found in the North American context, indicating the universal effects of workplace voice gaps. In addition, our analysis reveals that having more voice than needed is not associated with these outcomes. Our study enriches the employee voice literature in general and in the Chinese context specifically through an interdisciplinary lens.</p></div>","PeriodicalId":8474,"journal":{"name":"Asia Pacific Journal of Management","volume":"42 3","pages":"1833 - 1888"},"PeriodicalIF":5.8,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141002881","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
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