You Don’t Actually Want to Get Closer to the Star: How LMX Leads to Workplace Ostracism

High-quality leader-member exchange (LMX) is commonly seen as beneficial to employees. However, this is not always the case in the eyes of other members of the same team. Based on social comparison theory, we propose that members who have high-quality LMX relationships with team leaders might face workplace ostracism through being envied by other members of the same team. Further, we hypothesize that this indirect influence is mitigated by the high-quality LMX member’s agreeableness. Based on data from 196 employees, we found that though ostensibly LMX quality directly led to less workplace ostracism, it had a positive effect on workplace ostracism through being envied by other team members, and agreeableness buffered this indirect positive effect. Theoretical and managerial implications are discussed.     

CEO Power,CEO Age and the Policy Instrument Property of State-Owned-Enterprises

In this paper, we examine the relationship between CEO power, CEO age and the efficiency of policy implementation in listed corporations controlled by each province’s State-owned Assets Supervision and Administration Commission (SASAC) in China. We find that CEOs with more power implement policy are more efficiently. We also find that younger powerful CEOs will act more effectively than their older competitors. The reason for the difference is that younger powerful CEOs in state-owned companies are incentivized to implement their policy tasks to gain promotions or political capital. Our results are important to future SOE reform and to understanding the characteristics of SOEs as policy instruments.     

Upgrading from OEM to OBM through Reverse Acquisition in China’s Emerging Economy: The Case of Lacquer Craft Mfg

In this paper, we review how original equipment manufacturing (OEM) firms break the “lock in the global value chains” (GVCs) and upgrade to original/own brand manufacturing (OBM) through accelerated internationalization. We focus on investigating how Lacquer Craft Mfg (later referred to as Lacquer Craft), an OEM firm in southern China successfully upgraded to OBM through reverse acquisitions. By proactively utilizing the resources (including the mindset or perspectives formulated) generated from practicing OEM, Lacquer Craft developed the needed capabilities to build its own brand in an international setting. Lacquer Craft’s successful experiences show that in a globalized economy, the ability to identify and exploit opportunities to link with established players, and the ability to search, acquire, and integrate strategic assets from the developed world rather than replicating the entire previous technological trajectory greatly facilitate the OEM firm in climbing up the value-added ladder and upgrading to OBM. This is a more aggressive upgrading approach. Its experiences also reveal that a firm’s product and technological upgrading strategies are closely interwoven with its internationalization strategy.     

A discussion of refractive medical behavior from an experiential marketing viewpoint

Since the launch of National Health Insurance System, the financial source of funding for hospital financing has been reduced. Meanwhile, more and more customers attach importance to the experience of the medical process. Our study adopts "strategic modules of experiential marketing" by Schmitt to be the theoretical basis and proceed with in-depth interviews to discuss the influence of "medical behavior" on customers' experiences. We interviewed 32 patients who had a refractive surgery experience. The results show there are 10 propositions, which could be developed from 5 experiential modules - SENSE, FEEL, THINK, ACT, and RELATE - of customers' medical experiences. This study clarifies the experiences of customers during the process of a refractive surgery experience in order to provide medical institutions with the direction of experiential marketing to consider how to use experiential providers to reinforce customers' experiences.     

Almost All Chinese Independent Brands Have Entered into Syrian Market

Interview with Xie Zhongmei, Counsellor of the Economic and Commercial Counsellor's Office of the Embassy of P. R. China Q1. This year is the 50th Anniver-sary of diplomatic relations between China and Syria, and the friendship between the two countries can trace back to 2000 years ago. Would you introduce the development situation of economy and trade relationship between China and Syria?     

EU-GHINA PARTENABIAT 2006：Trade Pageant between China and the EU

Chengdu, the capital city of Sichuan Province, is well known throughout Chinese history for Wealthy Heaven Country, the beautiful Emei Mountains, and even the lovely panda, Panpan. On November 9, 2006, seeing through the thin fog curtain, Chengdu attracted the focus of the whole world, EU- China Partenariat 2006 was held here.     

The First International Forum on Green Manufacture ＆ Standardization Held in Beijing

On October 26, the First International Forum on Green Manufacture ＆ Standardization was held in Beijing. And it is organized by China National Institute of Standardization and China informatization Development and Application Net.     

Talents from 15 African Chambers of Industry and Commerce Trained in China

Organized by the Ministry of Commerce and under taken by CCPIT （China Council for the Promotion of International Trade）, the 3^rd Training Program for African Chambers of Commerce ＆ Industry was held from October 23 to November 6. Talents of Chambers of Industry and Commerce and govemmental officials from 15 African Countries such as Egypt, Ethiopia, Zambia, Tanzania, etc., were trained in China for two weeks.     

从可持续发展战略看炫耀性消费

本文从探索炫耀性消费的理论源头出发，重点分析了炫耀性消费的负面效应。提出，根据我国国情，我们必须选择可持续的消费模式，坚持走可持续发展道路。