The purpose of this study was to investigate the relationships of the project manager’s leadership style with team interaction,
and their impact on project performance. The second objective was to determine whether the effect of leadership style on project
performance may be mediated by team interaction. To address the primary aims, a questionnaire-based survey was used to measure
the project manager’s leadership style, team communication and collaboration, and overall performance of research and development
(R&D) projects in the Taiwanese server industry. The analyses suggest that transformational leadership may be positively related
to team communication and collaboration. Additionally, levels of team communication and collaboration are positively associated
with projects’ levels of performance. The results also indicate that team communication and collaboration may serve as mediators
between transformational leadership and project performance. 相似文献
This study explores time‐varying extreme correlation of stock–bond futures markets in three major developed countries. In the United States and the United Kingdom, there is evidence of positive extreme stock–bond correlation when both futures markets are extremely bullish or bearish. In Germany, stock–bond futures extreme correlation is negative, suggesting the most diversification potentials of bond futures when German stock index futures market plunges. Macroeconomic news, the business cycle, and the stock market uncertainty all significantly affect the median stock–bond futures correlation. However, only the stock market uncertainty still significantly affects the extreme stock–bond futures correlation when the stock market is extremely bearish. 相似文献
This study examines whether the Taiwanese regulation requiring disclosure of earnings forecasts in the IPOs resulted in disclosure
of more optimistic earnings forecasts and whether the forecast error was reduced more by manipulating the reported earnings
rather than revising the earnings forecasts to meet the forecast error threshold. The study is based on 759 forecasts issued
by the Taiwanese IPO firms from 1994 to 2001, i.e. 8-year period after the regulation was modified to increase the forecast
error threshold to 20%.
The findings show that the disclosure regulation resulted in more optimistic forecasts than conservative forecasts, especially
for firms expecting better performance in the forecast year compared to the previous year. Firms disclosing optimistic earnings
forecasts engaged more in manipulation of reported earnings than revision of forecasts to meet the forecast error threshold.
These findings thus suggest that the disclosure regulation resulted in earnings manipulation, which reduced the quality of
reported earnings.
We received valuable comments at the 2003 American Accounting Association and 2004 Euorpean Accounting Association annual
meetings. We also thank the participants at the research seminars at Rutgers University, City University of Hong Kong, and
Pace University, for their insightful comments. Picheng Lee especially thanks Pace University for 2003 summer research grant. 相似文献
Gold and silver prices have surged since the 1980s, and they have been used as a store of value for fear of a financial meltdown. However, gold and silver in the form of bullion are still not so popular compared with other gold and silver products (jewellery) and other financial instruments in Malaysia. Limited study has actually verified the factors that affect the investors’ intention to purchase bullion. Thus, this study explores factors affecting investors’ behaviour and their intention to purchase bullion based on the Theory of Planned Behaviour. This study also examines the moderating effect of scepticism between investors’ behaviour and their intention to purchase bullion. A total of 208 sets of data collected in a self-administered online structured survey was analysed using PLS-SEM. This study finds that investors’ behavioural belief and control belief significantly and positively affect their respective attitude towards behaviour and perceived behavioural control and, thus, intention to purchase bullion. Results are found insignificant for normative belief, normative attitude and intention to purchase bullion and the moderating effect of scepticism in affecting investors’ intention to purchase bullion. The findings of this study hope to provide insight and deeper understanding to bullion traders and financial advisors in improving their marketing strategies in growing interest in the bullion market.
This study examines the impact of industry real exchange rate (RER) shocks on plant and product exports using a comprehensive dataset for South Korea from 1990 to 1996. We find that RER changes have heterogeneous effects on real exports of existing exporters in terms of their productivity, and the positive RER depreciation effect on exports is more pronounced for less productive plants. At a product level, we find new evidence that a weak home currency prompts exporters to introduce new products to the export market, especially more remarkable for low-productivity plants. In contrast, a strong home currency leads to product exit with less significance. 相似文献
Social enterprises, promising organizations for solving societal problems with innovative approaches, rely upon their members’ active roles for workplace innovation. However, we still have a limited understanding about how social enterprises can foster employees’ endeavors for innovation. By focusing on employee learning and innovative behavior, we investigate the influences of perceived social mission, value congruence, and human resource management (HRM) practices in social enterprises. We conducted two complementary studies to answer our research questions. In Study 1, with a survey of 369 employees from 68 social enterprises, we examined a multilevel moderated mediation model with firm-level and individual-level data. We found that perceived social mission promoted learning and innovative behavior by increasing value congruence, and that commitment-based HRM practices enhanced the overall process from mission to employee efforts for innovation. In Study 2, with 300 daily surveys from 60 employees participating in an experience sampling study, we found that those with high-value congruence showed a significantly more stable pattern with less variance in innovative behavior than in learning behavior. Our study adds novel implications to the underdeveloped literature on employee innovation and HRM in social enterprises by uncovering the positive effects of social mission and value facets for boosting learning and innovative behaviors. Our research also suggests that social enterprises should benefit from pursuing and emphasizing the social mission and commitment-based HRM bundle together, which will promote the prosperity and well-being of business and society. 相似文献