The Role of Trustworthiness in Maintaining Employee Commitment During Restructuring in China

The influence of competency- and affect-based attributions of managerial trustworthiness on employee commitment during restructuring is investigated within a large telecommunications firm in greater China. It was found that competency-based attributions are positively related to employees' value commitment, whereas affect-based attributions are positively related to employees' continuance commitment (i.e., the propensity to maintain employment). Attributions of trustworthiness were also found to interact with perceptions of uncertainty associated with restructuring. Although no interaction effects were found for continuance commitment, three moderating effects involving trustworthiness attributions were observed between uncertainty and value commitment. Generally speaking, these moderating influences of trustworthiness tended to attenuate the influences of uncertainties on commitment. Overall, the relationships between uncertainties associated with restructuring and organizational commitment were negative with the exception of uncertainty about the restructuring effort itself, which was positively related to continuance commitment.     

An assessment of the 2008 telecommunications restructuring in China

The restructuring in the Chinese telecom sector in 2008 has prompted heated discussion among telecom analysts and experts. Past research tends to take an optimistic view that China has embarked on a liberalizing route, resulting in utopian projections that domestic competition and foreign liberalizing forces would lead to the emergence of a telecom market operated primarily under the principles of free market economics in the near term. This paper, instead, argues that current telecom restructuring was largely driven by domestic agendas. Drawing from the bargaining perspective, this paper finds that, while it is true that market mechanisms play a significant role in the telecom industry, the impact of competition and privatization on the telecom market ultimately depends on the political endowments of Chinese society.     

我国农产品进口与农民收入变化的实证分析

本文采用我国1981-2003年农产品进口和农民收入变化的数据,对农产品进口和农民收入变化之间的关系进行了格兰杰因果检验。研究结果表明,两者在短期内不存在格兰杰因果关系,但在长期内却存在双向格兰杰因果关系。     

浅析外贸政策对我国物流产业发展格局的影响

本文在对我国"出口创汇"经济政策对产业布局影响的分析和物流行业东、西部发展不平衡现状分析的基础上,重点讨论了新宏观经济政策的变化以及在新宏观经济政策下我国物流行业发展的新趋势。     

Bring institutions into FDI spillover research: Exploring the impact of ownership restructuring and institutional development in emerging economies

Extant studies exploring the influences of foreign direct investment (FDI) spillovers on the productivity of local firms have provided conflicting evidence. In particular, they have largely overlooked the important role of institutional mechanisms in the host market in understanding the sources of the variation in FDI spillover effects on the productivity of local firms, especially in the context of emerging markets. Using a comprehensive panel data set of manufacturing firms in China during 1998–2007, our paper presents an integrative framework of how FDI spillovers affect the productivity of local firms in emerging markets. We identify an inverted U-shaped relationship between FDI spillovers and the productivity of local firms in China. This result suggests the coexistence of and the interplay between the opposing mechanisms of FDI spillover learning opportunity and adverse competition. Drawing on the institution-based view, this study also develops contingency frameworks and arguments to explore the question of if FDI spillover effects are contingent on, or independent of, a local institutional context especially in emerging markets. We find that institutional mechanisms, such as the institutionally determined ownership restructuring and the different levels of subnational institutional development within the host emerging market, significantly shape the variation of FDI spillover effects on the productivity of local firms. This research highlights the importance of incorporating institutional effects in understanding the FDI spillover effects in emerging markets.     

The Impact of Social Marketing on Social Engineering in Economic Restructuring

SUMMARY

Social Marketing is a rapidly growing marketing sub-discipline based on the premise that bringing successful commercial marketing technologies to bear on problems of individual and social welfare can generate positive outcomes. This paper gives an overview of recent developments in Social Marketing in a global context and discusses the relationship of these developments to those in commercial, not-for-profit or third sector and public sector marketing, and public relations. The paper then relates the global context back to developments in Australasian and Asian nations, with particular reference to social engineering during economic restructuring.     

Enterprise Restructuring in Transition

Abstract

Poland in 1989 was faced with massive and unprecedented change. If we consider what communism was-an ideology, an economic system, a political system, a way of life-we can begin to appreciate the nature, scale, challenge and complexity of the change involved.

This paper evaluates how privatised, post-socialist Polish enterprises have responded to market conditions. In particular, it traces the management role in capitalist restructuring and adjustment to the wider aspects of economic transformation in Poland.

A general introduction is followed by case material from three privatised, post-socialist Polish enterprises. Conclusions reached demonstrate both continuity and change in management behaviour and adaptation to capitalism through incremental rather than radical adjustment strategies. Capitalist restructuring is, however, shown to be more radical and extensive with dominant MNC ownership and control.     

以资产重组为契机 狠抓企业管理促发展

作者从自己所在的企业具体实践出发,总结分析了如何进行资源整合、搞好资产重组工作,尤其是提出了加强企业管理,强化市场开发力度,促进垦区绿色产业快速发展的措施和方法。     

Stress test for reforms: Transition and East Asian 'contagion'

Contagion from East Asia imposed a severe 'stress test' on the market-orientedreforms of transition economies. We find that the portfolio reallocations of investors differentiated sharply among these economies at the height of the East Asian turmoil, appearing clearly in the relative movements in interest rates and share prices. Those countries that appeared more vulnerable to contagion had large public or private sector imbalances and low reserve cover of short-term debt. The analysis, however, goes beyond macroeconomic and financial imbalances to link these weak fundamentals to inadequate structural and institutional reforms. We find that flaws in public finances together with weak enterprises and financial institutions were key underlying factors in the vulnerability to East Asian contagion. They were also key causes of the Russian crisis, which initiated a new round of contagion driven primarily by high exposures to Russian trade.