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1.
Business groups and their types 总被引:8,自引:6,他引:2
Alvaro Cuervo-Cazurra 《Asia Pacific Journal of Management》2006,23(4):419-437
We clarify what business groups are and analyze their various types. We first distinguish business groups from other types
of firm networks based on the strategic relationships among companies; business groups are defined as those networks that
exhibit unrelated diversification under common ownership. We then separate business groups into three types based on their
ownership: family-owned, widely-held, and state-owned. We argue that each type has different agency costs and diversification
logics. As a result of these differences, their performance varies, with family-owned business groups outperforming widely-held
ones, and these in turn outperforming state-owned business groups.
相似文献
Alvaro Cuervo-CazurraEmail: |
2.
The influence of firm,industry and network on the corporate social performance of Japanese firms 总被引:2,自引:1,他引:1
K. C. O’Shaughnessy Eric Gedajlovic Patrick Reinmoeller 《Asia Pacific Journal of Management》2007,24(3):283-303
We develop and test the thesis that corporate social performance (CSP) constitutes a socially constructed and shared strategic asset, which is not only influenced by factors specific to a firm, but also by the social performance of firms
in its industry and inter-corporate network. Using variance decomposition, we analyze data from 130 large Japanese firms and
find that both firm-specific and industry-level factors account for significant variance in CSP, but network-level factors
do not.
相似文献
Patrick ReinmoellerEmail: |
3.
Employee stock ownership and corporate R&D expenditures: evidence from Taiwan's information-technology industry 总被引:1,自引:0,他引:1
This study investigates how employee stock ownership affects corporate R&D expenditures for information-technology firms listed on the Taiwan Stock Exchange during 1996–2001. The empirical results indicate a positive association between implementing employee stock ownership and R&D expenditures. The evidence thus supports the argument that employee stock ownership could help alleviate agency conflicts between employees and shareholders, and reduce agency costs, in turn enabling firms to make sizable R&D expenditures.
相似文献
Yen-Sheng HuangEmail: Fax: +886-2-27376744 |
4.
An assessment of alternative empirical measures of cultural distance: Evidence from the Republic of Korea 总被引:1,自引:0,他引:1
This study assesses the relative merits of alternative cultural frameworks as the basis to construct indices of cultural distance
using the one introduced by Kogut and Singh (1988). We assess not only Hofstede (1980, 1991) but also the more recent Schwartz
(1994, 2003) and GLOBE (2004) frameworks. Using primary data collected through a questionnaire survey of 228 foreign manufacturing
firms in the Republic of Korea, we find consistently across the three different frameworks that cultural distance has a positive
association with full ownership. These results support not only the robustness of Kogut and Singh’s method to construct an
index of cultural distance but also the consistency of the alternative indices of cultural distance used to explain ownership
mode decisions by MNEs.
相似文献
Sidney J. GrayEmail: |
5.
The conflicting views about the impact of organizational slack on firm performance call for more powerful theoretic lens to
explore this link. This study finds that institutional theory is insightful to add a deeper and finer-grained understanding
on what is behind the relationship between organizational slack and firm performance during institutional transitions. As
a replication with extension of the research of Tan and Peng (Strategic Management Journal, 24: 1249–1263, 2003), this study not only replicates the impact of organizational slack on firm performance in a broader and more recent context,
but also extends previous work by advocating and enriching the impact of institutional transitions on this link. Using a large
sample of Chinese listed firms, we find that unabsorbed slack is critical for firms to sustain their competitive advantages.
Further, such a positive impact is especially likely to be profound for firms confronting resource scarcity and environmental
dynamism caused by institutional transitions.
相似文献
Yuan LiEmail: |
6.
Danming Lin Qiang Liang Zongling Xu Runtian Li Weimin Xie 《Asia Pacific Journal of Management》2008,25(3):489-507
This study explores the role of knowledge management (KM) in mediating and moderating the relationship between information
technology (IT) and firm performance based upon the data collected from 236 firms in China. Through a structural equation
model and hierarchical regression analysis, we found that KM capability partially mediated the performance impact of IT resources.
Furthermore, KM capability affected the strength of the IT-performance relationship. The theoretical contributions and managerial
implications are discussed and limitations of the study are highlighted accordingly.
相似文献
Weimin XieEmail: |
7.
The impact of state shares on corporate innovation strategy and performance in China 总被引:4,自引:2,他引:2
This paper examines the impact of state shares on corporate innovation strategy and performance in the People’s Republic of
China (PRC). Through an investigation of 541 publicly traded companies in five high-tech industries during the period between
2000 and 2005, we find that the presence of state shares have a positive effect on the corporate choice of a process innovation
strategy over a product innovation one. However, this relationship is moderated by the overall ownership concentration ratio.
Moreover, our findings suggest that companies with large state shares prefer to conduct innovations independently rather than
collaboratively with others, and they usually achieve better innovation performance. These findings indicate that the government
play a role as both an investor and a resource allocation coordinator and therefore complicate the relationship between ownership
structure and corporate innovation activities.
Erming Xu (PhD, Renmin University of China) is a professor of management at the School of Business in Renmin University of China. His research interests include corporate governance mechanisms and performance in China, state shares with corporate innovation strategy, Asian business strategy in the emerging markets. His work has appeared in premier journals such as Management World, China Industrial Economy, etc. He is editor of Management Review, Nankai Business Review, R&D Management, Chinese Journal of Management, and Economic Management. He serves as the associate chair of the Chinese Academy of Business Management, and also an independent director of China Telecom Corporation Limited. Han Zhang (PhD, Capital University of Economics and Business) is a lecturer of management at School of Business Management in Capital University of Economics and Business. Her research interests include strategic management and innovation. Her work has appeared in Economic Theory and Business Management and Contemporary Finance & Economics. 相似文献
Han Zhang (Corresponding author)Email: |
Erming Xu (PhD, Renmin University of China) is a professor of management at the School of Business in Renmin University of China. His research interests include corporate governance mechanisms and performance in China, state shares with corporate innovation strategy, Asian business strategy in the emerging markets. His work has appeared in premier journals such as Management World, China Industrial Economy, etc. He is editor of Management Review, Nankai Business Review, R&D Management, Chinese Journal of Management, and Economic Management. He serves as the associate chair of the Chinese Academy of Business Management, and also an independent director of China Telecom Corporation Limited. Han Zhang (PhD, Capital University of Economics and Business) is a lecturer of management at School of Business Management in Capital University of Economics and Business. Her research interests include strategic management and innovation. Her work has appeared in Economic Theory and Business Management and Contemporary Finance & Economics. 相似文献
8.
Creating relational rents: The effect of business groups on affiliated firms’ performance in Indonesia 总被引:2,自引:2,他引:0
Tirta Nugraha Mursitama 《Asia Pacific Journal of Management》2006,23(4):537-557
This research attempts to extend the discussion of business groups in emerging economies by treating business groups as a
form of interorganizational network that generates relational rents among affiliated firms by creating technological and managerial capabilities. Based on the relational view, this research
investigates whether value created by business groups depends upon sharing, combining, and exchanging unique and specific
resources or assets among affiliated firms. Results show that technological capabilities contribute to create relational rents
in terms of affiliated firms’ investment in R&D and human capital. Managerial capabilities also contributed to generating
relational rents through investment in managerial knowledge acquisition for affiliated firms without R&D units and in training
for affiliated firms with R&D units. However, learning by exporting and learning from imported input do not yield relational
rents within business groups. Overall, these findings reveal that business groups as interorganizational networks are contingent
on their internal, unique, and specific capabilities, as social capital theory argues.
相似文献
Tirta Nugraha MursitamaEmail: |
9.
Ho-Beng Chia Carolyn P. Egri David A. Ralston Ping Ping Fu Min-Hsun Christine Kuo Chay-Hoon Lee Yongyuan Li Yong-Lin Moon 《Asia Pacific Journal of Management》2007,24(3):305-320
This study examines the influence of economic and political factors that contribute to the convergence and/or divergence in
value priorities of five East Asian societies—China, Hong Kong, Singapore, South Korea, and Taiwan. We find that political
and social-economic factors influence the values orientations of managers within this region. However, economic development
level is an insufficient explanation for values convergence without consideration of the societal context and cultural traditions
in which that development occurred.
相似文献
Yong-Lin MoonEmail: |
10.
Asli M. Colpan 《Asia Pacific Journal of Management》2008,25(4):635-665
This study examines the dynamic relationships between product and international diversification, keiretsu financing, and economic
performance of the listed firms in Japan’s textile industry. Panel data analysis shows that the performance effects of those
strategic factors are contingent on macroeconomic environments, rather than showing consistent relationships. The potentially
positive or negative effects of particular diversification strategies and keiretsu financing are neutralized in the munificent
environments, as exogenous macroeconomic factors overwhelm endogenous decision-making by the management. In the scarce setting,
by contrast, it is those strategic factors that influence financial outcomes. Keiretsu financing moderates the relationship
between international diversification strategy and profitability positively only during times of economic scarcity.
Asli M. Colpan (PhD, Kyoto Institute of Technology and Kyoto University) is currently Research Fellow at the Institute for Technology, Enterprise and Competitiveness, Doshisha University and Senior Research Associate at the Graduate School of Management, Kyoto University. Her research interests include corporate strategy, corporate governance and especially the evolution of large enterprises in industrial and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Asian Business and Management and The Kyoto Economic Review. 相似文献
Asli M. ColpanEmail: |
Asli M. Colpan (PhD, Kyoto Institute of Technology and Kyoto University) is currently Research Fellow at the Institute for Technology, Enterprise and Competitiveness, Doshisha University and Senior Research Associate at the Graduate School of Management, Kyoto University. Her research interests include corporate strategy, corporate governance and especially the evolution of large enterprises in industrial and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Asian Business and Management and The Kyoto Economic Review. 相似文献
11.
This study examines the role of top management team (TMT) member succession in breaking organizational inertia. We compare
the impact of two types of change in TMTs—in member number and demographic heterogeneity—on subsequent strategic reorientation
using data on the diversification activities of firms in the Japanese textile industry. Our findings suggest that executive
succession does not trigger strategic change unless succession entails change in the values and interests of executives embedded
in their demographic traits.
Riu Yokota (MS, University of Tsukuba) is an independent researcher in Japan. His research interests include executive succession, strategic change, and business ethics in organizations. Hitoshi Mitsuhashi (Ph.D. Cornell University) is an associate professor of organization studies at University of Tsukuba in Japan. His research interests include interorganizational relations, strategic change, and industry evolution. 相似文献
Hitoshi MitsuhashiEmail: |
Riu Yokota (MS, University of Tsukuba) is an independent researcher in Japan. His research interests include executive succession, strategic change, and business ethics in organizations. Hitoshi Mitsuhashi (Ph.D. Cornell University) is an associate professor of organization studies at University of Tsukuba in Japan. His research interests include interorganizational relations, strategic change, and industry evolution. 相似文献
12.
This study examines how the host country experience of Japanese multinational corporations (MNCs) affects their staffing policies
for executive manager positions at foreign affiliates. Hypotheses on executive staffing policies for foreign affiliates are
tested using survey data collected from 103 Japanese affiliates in Korea. Findings show that the level of global integration
and the degree of centralization of decision-making positively affect an assignment of parent country nationals as executive
managers of foreign affiliates. We further find that foreign affiliates’ experience in a host country moderates the effects
of both global integration and centralization on staffing decisions for the affiliates.
相似文献
Namgyoo Kenny ParkEmail: |
13.
The adolescence of Asia management research: <Emphasis Type="Italic">APJM</Emphasis>, 1997–2006 总被引:3,自引:3,他引:0
Erin G. Pleggenkuhle-Miles Ramya R. Aroul Sunny Li Sun Yu-Shan Su 《Asia Pacific Journal of Management》2007,24(4):467-489
In this article we reflect on the adolescent years of Asia management research published in the Asia Pacific Journal of Management (APJM) by reviewing work published in the past 10 years (1997–2006). We report that during the last decade, APJM has published 223 research articles, written by 373 different authors, who are affiliated with 203 different institutions.
Our discussion of the future of Asia management research is guided by Kuhn’s (Kuhn, T. S. The structure of scientific revolutions. Chicago: University of Chicago Press, 1962) perspective on the nonlinear progression of science. We argue that as a growing
community, Asia management research is finding its “identity” and establishing its presence in the larger worldwide management
research community. Following our analysis, we conclude that the growth of Asia management research—as captured by APJM publications—throughout its “adolescent” years has set forth a challenging and exciting path for the future.
All authors contributed equally. We thank Mike Peng (Editor-in-Chief) for his encouragement and advice. This work was completed
when Yu-Shan Su was a Fulbright visiting scholar at the University of Texas at Dallas (UTD). She thanks the Fulbright Association
and the Taiwanese Ministry of Education for partially funding this work.
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
Erin G. Pleggenkuhle-MilesEmail: |
Ramya R. AroulEmail: |
Sunny Li SunEmail: |
Yu-Shan Su (Corresponding author)Email: |
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
14.
The effects of emotional intelligence on job performance and life satisfaction for the research and development scientists in China 总被引:2,自引:2,他引:0
Kenneth S. Law Chi-Sum Wong Guo-Hua Huang Xiaoxuan Li 《Asia Pacific Journal of Management》2008,25(1):51-69
To demonstrate the utility of the emotional intelligence (EI) construct in organizational studies, this study focuses on the
effect of EI on job performance among research and development scientists in China. We argue that EI is a significant predictor
of job performance beyond the effect of the General Mental Ability (GMA) battery on performance. This predictor effect is
supported by results on a study of research and development scientists working for a large computer company in China. Our
results also show that a self-reported EI scale developed for Chinese respondents, the WLEIS, is a better predictor of job
performance than the scale developed in the U.S., the MSCEIT. Implications of the findings are discussed.
相似文献
Xiaoxuan LiEmail: |
15.
How does strategic orientation matter in Chinese firms? 总被引:3,自引:2,他引:1
As China continues to transition toward a market economy, how strategic orientation affects firm performance has received
significant attention. This article reviews the extant literature with a framework that depicts contemporary work on strategic
orientation, the drivers of strategic orientation, and its boundary conditions. We identify important research gaps and propose
to integrate institutional theory, dynamic capability perspective, and the knowledge-based view within the strategic orientation
research stream for future investigations.
相似文献
Caroline Bingxin LiEmail: |
16.
This article reviews major theoretical and empirical work on vertical and horizontal Japanese keiretsu. We first outline the history, characteristics, and strategic and performance implications of each type of business group.
We then discuss changes in the Japanese economy during the post-1992 Japanese economic decline and their implications for
the persistence and continued benefits of each form of inter-corporate grouping followed by a discussion of empirical findings
regarding the continued role of keiretsu in the Japanese economy. The review concludes by exploring areas of future research into the evolution of keiretsu ties and their implications.
相似文献
Sandra DowEmail: |
17.
Managerial ties,absorptive capacity,and innovation 总被引:12,自引:5,他引:7
Managerial ties—the boundary-spanning ties and interpersonal connections of top managers—contribute to a corporation’s innovativeness
in emerging economies because of the absence of market supporting institutions, transparent laws, and clear regulations. Moreover,
managerial ties are apt to interact with absorptive capacity to facilitate knowledge sharing and innovation. This paper examines
the joint influence of managerial ties and absorptive capacity in two communities in China, one characterized by a high level
of foreign direct investment (FDI) and the other consisting mainly of local corporations. We find that absorptive capacity
moderates the effect of managerial ties on a corporation’s innovativeness. Furthermore, when examining the two communities
separately, we find that business ties and university ties have opposite effects.
相似文献
Jianjun YangEmail: |
18.
In this conceptual article we present a critical analysis of close guanxi, i.e., close personal connections, in terms of their negative externalities on organizations. We adopt a social dilemma perspective
and examine how close guanxi parties, while cooperative toward each other, may nevertheless defect against the organization, causing negative externalities.
We contend that relationalism exacerbates such negative effects of close guanxi and propose various institutional mechanisms and individual variables that can reduce them. Finally, we discuss research
and practical implications of solving social dilemmas of close guanxi in Chinese organizations and strong ties in Western organizations.
相似文献
Xiao-Ping ChenEmail: |
19.
Acquisition of organizational capabilities and competitive advantage of IJVs in transition economies: The case of Vietnam 总被引:1,自引:1,他引:0
Wu?Zhan Roger??Chen M.?Krishna?Erramilli Duc?Tri?Nguyen 《Asia Pacific Journal of Management》2009,26(2):285-308
Using Vietnam as the context, the study empirically examines how the competitive advantage of international joint ventures
(IJVs) in transition economies is affected by the acquisition of resources from foreign partners and of local market-based
resources. Our study contributes to the nascent literature on IJVs in transition economies by producing several novel and
interesting findings. First, it demonstrates the need to modify certain arguments of the resource-based view (RBV) when applied
to IJVs in transition economies. This paper shows that the peculiar market characteristics of transition economies serve as
an imitation barrier turning even property-based resources into sources of sustainable competitive advantage. Second, the
positive impact of knowledge-based resources on the IJV’s competitiveness seems to be significantly enhanced as the ownership
by the foreign parent increases. Lastly, competitive advantage of IJVs appears to be strengthened when the transfer of property-based
resources is complemented by that of knowledge-based resources, and when the transfer of internal, firm-specific resources
is complemented by that of external, market-based ones. We believe that these findings make significant, incremental theoretical
and empirical contributions to both the RBV and IJV literatures.
相似文献
Duc Tri NguyenEmail: |
20.
Assimilation into society via academic achievement is a premise and practice that is universal in schools and school systems.
Drawing on the testimonies of technological education teachers and the sociology of knowledge literature, this narrative inquiry
research sets the stage for a critical analysis of our reliance on knowledge versus experience in western education policy
and planning. A crisp and constructive analysis of the premises school systems take for granted becomes possible, a case for
transcending limited ways of thinking about knowledge and experience is made.
相似文献
Ronald Edward HansenEmail: |