Effects of CSR on affective organizational commitment via organizational justice and organization-based self-esteem

This study examined how employee perceptions of corporate social responsibility (CSR) influenced their affective organizational commitment (AOC) via procedural justice and organization-based self-esteem (OBSE). Using survey data collected from 203 employees working for a hospitality company, hypotheses were tested using structural equation modeling. The results showed that economic and philanthropic CSR did not have significant effects on procedural justice, but had significant direct effects on AOC. The findings also showed that procedural justice had a significant effect on OBSE, and both procedural justice and OBSE had significant effects on AOC. In addition, the results suggested that ethical CSR programs can have a positive impact on employees’ AOC via their procedural justice and OBSE. This study contributed to the literature by developing a CSR-procedural justice-OBSE-AOC model, guided by social exchange and self-consistency theories, and empirically testing it within a hospitality context.     

I Feel Your Pain: The Effect of Regulator as a Minority Shareholder on Merger and Acquisition Performance

We examine the effect of a regulator-led advocate for minority shareholders on merger and acquisition (M&A) performance in China. In recent years, the China Securities Regulatory Commission established the China Securities Investor Services Center (CSISC), which began its ownership of 100 shares of public firms in 2016. The CSISC advocates for the interests of minority shareholders proactively. Focusing on abnormal stock returns in M&A announcements, we find that acquirers that have the CSISC as a shareholder (CSISC acquirers) exhibit higher positive abnormal stock returns than non-CSISC acquirers. Cross-sectional analysis suggests that the core results are mainly driven by firms with severe agency problems and weak external/internal monitoring, and those not controlled by the state. In addition, we find that CSISC acquirers have better long-term performance and encounter more M&A failures than non-CSISC acquirers. Our findings indicate that although the CSISC only holds 100 shares of listed companies, it plays an effective role in monitoring and driving firms to make appropriate M&A decisions.     

浅论服务型政府的构建

文章在介绍了服务型政府的涵义和理论来源的基础上,分析了服务型政府建设中存在的问题,并提出了建设服务型政府的对策及意义。     

How does attachment style influence the brand attachment – brand trust and brand loyalty chain in adolescents?

This study contributes to the growing body of literature investigating how and why consumers form connections to brands by applying an attachment theoretical framework. According to the attachment theory, children develop internal working models of the reliability of others in the interaction with the primary caregiver(s). It can be assumed that this attachment style, which is conceptualized along two dimensions (secure–anxious and dependent–independent), not only influences intimate relationships in the long run, but may also play an important role in customer relationships. The author investigates the influence of attachment style along the brand attachment – brand trust and brand loyalty chain. The sample consists of 216 adolescents. The results derived from structural equation modeling (SEM) by proposing a non-recursive model show that the dependent–independent dimension of parental attachment style positively influences the corresponding dimension of brand attachment predisposition and is important for all of the constructs along the brand attachment – brand trust and brand loyalty chain. However, this is not the case with the secure–anxious dimension of parental attachment style. The secure–anxious dimension of brand attachment predisposition does, on the other hand, have a significant impact at least on brand trust. The results are discussed from an attachment theoretical point of view and corroborate the suppositions of Rindfleisch, Burroughs, and Wong (2009 Rindfleisch, Aric, James E. Burroughs, and Nancy Wong. 2009. The safety of objects: Materialism, existential insecurity, and brand connection. Journal of Consumer Research 36 (1): 1–16.[Crossref], [Web of Science ®] , [Google Scholar]), who grounded their findings on terror management theory. Several possible implications of these results for the theory and practice of brand management and advertising, especially in the light of the gamification of advertising, are discussed.     

中国企业“逆周期”跨国并购研究

"新常态"经济周期中,中国企业跨国并购有何特征?从经济政策频繁波动的现实出发,如何理解跨国并购的"逆周期"成因?文章基于2001-2016年中国企业对91个国家的跨国并购数据,实证检验了经济周期、经济政策不确定性对跨国并购的影响,得出以下结论：首先,中国企业的跨国并购具有显著的"逆周期"特征,下行经济周期加剧了并购规模提升;其次,经济政策不确定性与跨国并购正相关,并且在国有企业中和2008年金融危机后表现为更明显;最后,经济政策不确定性差距以及市场增长潜力差距均提升了并购规模。     

研发国际化与企业创新绩效——吸收能力和地理多样性的调节作用

新兴经济体企业的国际化行为已经成为国际商务领域的研究热点之一,但如中国这样的新兴经济体的跨国企业是否能够通过研发国际化行为提升母公司的创新绩效,现有文献对该问题尚缺乏足够的研究。文章基于2011-2017年间沪深两市310家信息技术业上市跨国企业的年度观察数据,采用泊松面板固定效应模型考察了企业研发国际化与母公司创新绩效之间的关系,并首次从逆向知识转移的视角,探讨了吸收能力和地理多样性对研发国际化和创新绩效两者关系的调节作用。实证结果表明：中国企业的研发国际化显著促进母公司创新绩效的提升;以研发投入强度衡量的企业吸收能力显著正向调节研发国际化和创新绩效之间的关系,而以布劳异质性指数测量的地理多样性则显著负向调节研发国际化和创新绩效的关系。研究结果对中国企业国际化行为具有重要启示。该研究发现意味着中国企业在国际化过程中应该加大海外研发投资力度以提升母公司创新绩效,且为更好地实现外部知识的逆向转移,应同时提高企业总体研发投入强度。但作为新兴经济体企业,不宜在地理分布上实行快速扩张,否则较高的沟通和协调成本将弱化逆向知识转移的程度,而不利于母公司创新绩效的提升。     

城市科技创新人才政策扩散动力因素时空差异研究

科技创新人才是城市提升创新能力的核心资源,是科技进步的关键要素。科技创新人才政策作为城市争夺人才的工具,被各个城市广泛采纳和使用。以161个城市为研究对象,运用事件史分析方法,探寻城市科技创新人才政策扩散的动力因素并进行时空差异分析。研究发现,城市科技创新人才政策扩散具有双重动力因素：在需求拉动因素中,经济发展水平和财政收入是影响城市科技创新人才政策扩散的主要因素;在压力推动因素中,行政指令、府际竞争和社会舆论显著影响城市科技创新人才政策扩散;在政策扩散平稳增长期,双重动力因素共同作用于政策扩散过程,而在政策扩散加速和减速增长期,城市科技创新人才政策扩散动力因素存在差异;在东、中部地区,压力推动因素占据主导,而在西部地区,双重动力因素都发挥重要作用。     

基于科学的企业内部治理问题：文献综述与研究展望

迄今为止,基于科学的企业研究已经取得重大进展。尝试对基于科学的企业内部治理研究成果进行梳理,以基于科学的企业内涵、创业者角色、科学家团队治理、董事会治理、股东治理、高管治理为逻辑框架,对基于科学的企业内部治理研究现状进行总结归纳。在此基础上,从基于科学的企业治理机制视角提出未来研究方向,包括企业权力配置、激励机制设计、人员配置等系列研究问题。提出的未来研究方向可丰富和拓展基于科学的企业治理理论框架,为理解和指导中国情境下基于科学的企业治理实践带来启示。     

大学科技园影响高校科技成果转化机制研究—基于管理机构人员视角

高校科技成果转化是支撑我国创新驱动发展战略的重要环节,大学科技园为科技成果转化提供了对接市场的平台。本文基于2008~2018年113所211、省部级共建高校数据以及31个省、直辖市大学科技园数据,运用固定效应模型,实证研究大学科技园管理机构人员及学历背景对高校科技成果转化绩效的影响及内在机制。研究发现,大学科技园管理机构人员及学历背景在一定程度促进高校科技成果转化,且最终呈倒U型关系。进一步分析发现,大学科技园管理机构人员及学历背景对处于不同经济带、不同专业背景以及不同办学层次高校的影响存在异质性。因此,需要根据高校本质特征及所处环境,建设具有针对性的大学科技园及管理人员团队。本文为完善高校科技成果转化体系提供了经验证据。     

香港科技创新发展研究--基于2018-2021年香港财政预算案

香港特别行政区第五届政府自任职以来展现出致力推动本地科技创新发展的强大决心并投入大量资源和精力。本文以本届香港特区政府发布的4份财政预算案为基础,采用定性研究方法对其进行解构分析,从特区政府角度考察香港科技创新发展政策的侧重点及当前发展趋势。研究发现,本届特区政府在支持香港有关科技创新发展政策上侧重于关注资金投入、平台建设、人才培养、企业研发及STEM教育5个方面,逐步形成以发展自身优势科研领域,打造智慧城市,争夺全球科技人才,引领经济转型升级为主的科技发展趋势。最后,针对香港目前面临的发展困局,提出了推动政策落实、融入粤港澳大湾区建设、打造国际化平台等推动科技创新长远发展的政策建议。