Choose to Fight or Choose to Flee? A Network Embeddedness Perspective of Executive Ship Jumping in Declining Firms

Research summary: Executives in declining firms may engage in ship‐jumping behavior (i.e., voluntarily move to new employers before the failure occurs) to avoid the stigma of failure. However, it is unclear how executives decide whether or not to jump ship. Building on a network embeddedness perspective, we highlight how three network‐based indicators (i.e., executive social capital, the social capital of other peers in the declining firm, and the declining firm's alliance network) influence the executive‐level ship‐jumping decision by shaping its benefits and opportunity costs. Using data from executives at failing firms in China, we find support for our hypothesized relationships. Our research provides important insight into the network mechanisms driving the ship‐jumping decision. Managerial summary: Executives at failing firms have a choice: stay and attempt to rescue the firm from failure or exit and avoid the stigma of the failure (i.e., jump ship). Yet, little is known about what factors affect this choice. We propose that social capital plays an important role in the decision. Our evidence from specially treated (*ST) public firms in China finds that ship jumping is lowest at low and high values of social capital, and highest at moderate levels of social capital (an inverted U‐shaped relationship). In addition, higher levels of peer social capital (in the declining firm) as well as a well‐established firm‐level alliance network discourage the ship‐jumping choice. Copyright © 2017 John Wiley & Sons, Ltd.     

How family influence,socioemotional wealth,and competitive conditions shape new technology adoption

Research summary : In family businesses, investment decisions often involve both socioemotional wealth and economic considerations. Focusing on new technology adoption, we argue that multiple dimensions of socioemotional wealth contribute to complex effects within different types of family firms—depending on the level of family control—as well as in contrast to non‐family firms. Results based on cable TV operators from 1983 to 1987 confirm that family ownership correlates negatively with technology adoption, especially when family owners hold a minority rather than majority position. We also show contingencies based on performance improvements and competitive threats. Our arguments contribute new insights about the tensions between economic and socioemotional factors within minority family ownership that are absent from non‐family firms and more pronounced than in majority family firms. Managerial summary : We find evidence of greater reluctance toward new technology adoption among firms with minority family influence than majority family influence. This suggests that goals related to socioemotional wealth only partly explain the cautious decision‐making observed in family firms, with further caution arising from conflicting priorities between family and non‐family owners. Recent performance improvements help offset the reluctance to adopt new technology, albeit to a lesser degree among firms with minority family ownership. High levels of competitive threats also offset the reduction in new technology adoption, and contrary to expectations, to a greater extent among minority family firms. Copyright © 2016 John Wiley & Sons, Ltd.     

物业管理招标与投标教学改革与实务型人才培养

本文针对当前我国物业管理招标与投标课程教学中存在的问题,提出建设基于职业能力需求导向的教学改革,旨在提高教学质量,提高学生满意度,培养满足社会需要的物业管理招投标人才。论文阐述了构建就业市场导向型物业管理招投标教学的必要性、应对策略及培养模式。     

对高职高专《成本会计》课程改革的几点思考

《成本会计》课程是高职财经类会计专业的一门重要专业课程。为适应高职教育的特点,改变高职院校成本会计的教学现状。应改革教学模式和教学内容,突出职业能力培养,加强师资队伍和教材建设,改革教学方法和手段。     

Do Small Family Firms Outperform Non-family Firms？ A Research Agenda Based on Agency and Stewardship Theories＊

The aim of this study is to examine the effects of family involvement and altruism on agency costs of equity and debt, as well on the performance of small family businesses. To achieve this objective, the authors reviewed the literature on family business. Drawing from agency theory and stewardship theory, the authors also proposed a research model that highlights the links among the variables. In so doing, this paper makes some contributions to the literature in three ways. Firstly, it takes an integrative framework that may help to explain behaviors oriented towards maximizing potential performance within a context in which pro-organizational attitudes co-exist with self-serving motivations. Secondly, it advances the understanding of corporate governance mechanisms in small family businesses, and finally, it deepens the discussion of prior research by advancing a set of propositions based on two theoretical approaches. Thus, the authors believe that a systematic comparison of different contexts provides new insights into small family business governance. The implications and directions for future research are in the last section.     

家族涉入方式的差异如何影响企业双元创新意愿?

文章以2012-2017 年中国上市家族企业的数据,基于社会情感财富理论,分析了家族在股权与管理层两种不同涉入方式下的战略偏好与目标导向,进而探究出其对于双元创新的影响,并结合产品市场竞争环境下的情形,进一步分析了市场竞争的加剧对于股权涉入和管理层涉入与双元创新关系的调节效应。结果发现：家族在股权涉入与利用式创新呈显著的正相关,但与开发式创新呈负相关,而家族管理层涉入与利用式创新和开发式创新均呈现显著的正相关;产品市场环境的竞争能够加强家族股权涉入与利用式创新的正向关系和家族管理层涉入与开发式创新的正向关系。     

Globalization and Greater Flexibility in the Japanese Labor Market: Exploring the Macro–Micro Link

The author explores the missing links between globalization and greater flexibility in the Japanese labor market based on review of literature and available evidence. Understanding Japan’s responses to globalization requires a nuanced approach, which accounts for its historical trajectory and social-institutional context. Along with globalization, Japan is experiencing a greater infusion of foreign capital, and an increasing presence of foreign firms. These foreign firms bring human resource practices that are more market driven and less socially embedded compared to the status quo. The diverging human resources practices of foreign firms have spillover effects that may destabilize the Japanese employment system in the long run.     

Guanxi,political connections and resource acquisition in Chinese publicly listed private sector firms

In this study, we examined the role of guanxi as entrepreneurs’ resource-obtaining mechanism in private sector firms, using a data-set of 184 publicly listed firms in China. We found that guanxi indeed played a positive role that helped private sector firms gain easier access to resources. We also found that guanxi exerted even a greater positive effect on private sector firms’ resource obtaining compared to entrepreneurs’ political participation, due to being the lifeblood of business conduct and social interaction in Chinese culture.     

在会计专业学历教育中应重视职业道德教育

会计职业道德建设关键在教育,而教育的基础在学校。大中专院校会计学历教育,不仅要对学生进行专业知识教育,而且要对学生进行职业道德教育。会计专业的教育者应该认识到,在我们开始给学生传授会计专业知识时就应该引入会计职业道德教育。     

跨国公司与东道国企业技术创新的三维互动举证

供应链关系中,作为制造商的跨国公司与作为供应商的东道国本土企业之间存在技术创新互动关系,这种互动关系的本质与微观基础就是双方的知识转移互动。互动模式有单向传递、双向输出和联合创新三种,而知识传授方特性、知识接收方特性、知识特性和关系特性都会影响互动效果。