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Chinese Journal of Management
2019 Vol.16 Issue.7
Published 2019-07-01
949
The Effects of Complementary Assets on Ambidextrous Innovation and the Moderating Effects of Platform Openness
LIU Renhuai，ZHANG Yi
This paper studies the impact of complementary assets on ambidextrous innovation through a questionnaire survey for Internet platform enterprises, and explores the moderating effect of platform openness between complementary assets and ambidextrous innovation. The research shows that the more complementary assets for Internet platform enterprises, the more conducive to engage in ambidextrous innovation activities; exploitative innovation was conducive to the promotion of exploratory innovation; and exploitative innovation plays a partial mediator role in complementary assets and exploratory innovation; platform openness play a positive moderating role in the relationship between complementary assets and exploratory innovation.
2019 Vol. 16 (7): 949- [
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957
Construction of Virtual Enterprise Model Based on Supply Chain Perspective
JIA Xudong，HE Guangyuan
Based on the classical grounded theory and seven enterprise cases, this paper summarizes the common characteristics of virtual enterprises and redefines the concept of virtual enterprise. Based on the results above, a virtual enterprise model from the perspective of the supply chain is constructed. Based on the supply chain perspective, research shows that a virtual enterprise can be understood as a supply chain organized by the leader enterprise, and the leading enterprise can realize the maintenance and control of the virtual enterprise by supply chain’s controlling force and brand’s competitiveness. This study bridges the long-term theoretical differences surrounding the concept of virtual enterprises, and exactly defines the definition of virtual enterprises and gives its theoretical model. It also provides a unified theoretical basis for subsequent research, and offers guidance for the establishment and operation of virtual enterprises.
2019 Vol. 16 (7): 957- [
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968
Exploring into the Mechanism of the Outstanding Companies’ Autonomous Management Study: Based on the Grounded Research of Haier and Huawei
YUE Guolin，ZHANG Xinying，GAO Yan，MAO Shuzhen，CHEN Gonghang
Based on the long-term practice of Outstanding companies in solving the key problems of operation and management themselves, the mechanism of their thinking and action is explored and analyzed which enlightens researchers and practitioners could discover the common points of cooperation. Through the grounded study on the practical materials of Haier and Huawei, the internal mechanism of the self-management research of “spiral practice embedding” of the two Outstanding companies with the main category structure of “practical perception-proposition induction-test and upgrading-theoretical framework” is extracted. Therefore, in the overall model of autonomous study, practical perception is the condition, proposition induction is the core activity, the test and upgrading is the key node, and the theoretical framework is the programmatic requirement that is tested through the continuous spiral embedding to enterprises practice.
2019 Vol. 16 (7): 968- [
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977
Research on the Mission of Chinese Corporate Academy in the Context of Cultural Rejuvenation
CHENG Xuelian，CHAO Gang，WANG Lei，CHANG Saichao，CHENG Mengyu
In the context of cultural renaissance, a number of academies have been successively established for the mission of carrying forward traditional Chinese culture by corporations in mainland China. By adopting the method of multi-cases study, this study aims to conduct case analysis in teachers, objects and contents of training and business motivation on 3 typical corporations, and a two-dimensional theoretical model is proposed which combines mission orientation and mission intensity. Based on the above, this article discusses 4 issues of corporations’ participating role: social education, the distinction of cultivation and brainwashing, the relationship between filial piety and business operations, and education objects. Through this study, several findings have come to light. The establishment of the academies reflects the corporations’ high awareness in both mission requirements and social intensity. The cultivation mode of corporation academies suits better for grassroots employees of labor-intensive corporations in China. Moreover, the filial piety behavior in corporation academies not only has the economic value of enhancing internal practice, but also has achieved remarkable results .
2019 Vol. 16 (7): 977- [
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987
A Perspective of Sense of Power on Dual Authoritarian Leadership and Employee Innovative Behavior
WANG Lei，XING Zhijie
This study aims to explore the direct, mediating, and moderating effects of the two components of authoritarian leadership (AL) on employee innovative behavior (EIB) by using survey data of 233 employees. We found that：(1) Juan-chiuan leadership (JCL) negatively affects EIB significantly，and sense of power played a fully mediating role between them; (2) Shang-yan leadership (SYL) positively affected EIB significantly，and sense of power played a partial mediating role between them; (3) Leader-member exchange (LMX) significantly enhances the relationship between the two components of AL and sense of power and employee innovative behavior; (4) Sense of power mediates the joint effect of the two components of AL and LMX on EIB.
2019 Vol. 16 (7): 987- [
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997
Influence of Self-Sacrificial Leadership on Employees Organizational Citizenship Behavior from the Perspective of Role Theory
ZHOU Ruyi，FENG Bing，XIONG Chan，WU Qiong
Based on the perspective of role theory, this study investigates the effect, mediation mechanism and boundary conditions of self-sacrificial leadership on employees organizational citizenship behavior. These hypotheses were tested by hierarchical regression analysis with a sample of 79 department leader and 308 members. The results indicated that self-sacrificial leadership had a positive effect on employees organizational citizenship behavior. The relationship between self-sacrificial leadership and employees organizational citizenship behavior was mediated by employees organizational citizenship behavior role conceptualization. When employees psychological entitlement were higher, the effect of self-sacrificial leadership on the employees organizational citizenship behavior and organizational citizenship behavior role conceptualization weren’t significant, meanwhile,the mediation effect of employees organizational citizenship behavior role conceptualization wasn’t also significant; on the contrary, the above effects were significant.
2019 Vol. 16 (7): 997- [
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1006
Research on the Mechanism of Opportunity Recognition and Development of Social Entrepreneurship Based on the Theory of Resource Bricolage
LIU Zhen，DING Fei，XIAO Yingzhao，CUI Lianguang
This study explores the internal mechanism of opportunity identification and development of social entrepreneurship. Based on the theory of resource bricolage, this study conducts an exploratory study on typical social enterprises such as Canyou, Shantao, and Zhi-Gengnong. The result shows that, firstly, social entrepreneurs and their teams would identify and evaluate the potential value of social entrepreneurship opportunities at the social value, economic value, sustainable and institutional levels before the establishment of social enterprises. Secondly, they would make creative use of the resources at hand based on resource bricolage. Ultimately, they would create and operate the organizations, which in turn generate positive social impact and build the whole process of recognizing and developing opportunities based on the stakeholders-sharing value chains.
2019 Vol. 16 (7): 1006- [
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1016
Decision on Product Innovativeness Based on Self-Control
JIANG Junfeng，ZHANG Li，CHI Yu
This study, synthesizing the constraint theorem of financing cost regarding product innovation and incorporating self-control cost induced by external temptation, establishes an enterprise’s choice of product innovativeness model by coordinating different value estimations concerning the same cash flow by developers and survivors who have a dissimilar preference for time. The research demonstrates that ①the decision-making of product innovation is determined by the trade-off between the cost of self-control and the corresponding income in a firm, which is in essence a compromise between values for an identical investment-return flow under the action of unlike time preferences; ②bringing in cash flow randomicity and strengthening innovation decision plan can induce enterprises to tend to select a more novel commodity and decision makers’ behaviors represent dynamic inconsistency in the case of convex self-control cost; ③reinforcing external regulation serves luring companies to be inclined to a higher innovation of product, and there is a mutual substitution between external control and self-control; ④by stimulating enterprises’ R&D input, government subsidies can decline its self-control cost and increase its rewards to induce enterprises to consider the higher innovation of products.
2019 Vol. 16 (7): 1016- [
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1026
Research of the Effect of Ego-Network Dynamics, Inter-Regional Collaboration Network on Innovation of Enterprises in Industry-University Collaboration
GUO Jianjie，XIE Fuji，WANG Haihua，WANG Mengyi
Based on the social network theory and knowledge spillover effect, he panel data of industry-university collaborative patents from 2004 to 2015 is used to combine individual collaboration network with inter-regional collaboration network through the social network analysis and negative binomial regression. The study clarifies the impact of the ego-network dynamics on the overall innovation performance of enterprises and explores the interactive effects of two networks. The results show that the ego-network expansion promotes innovation performance, but the ego-network stability impedes innovation performance. When regions’ centrality, structural holes are high, the negative effects of ego-network stability on collaboration performance are weakened; the negative effects are enhanced when clustering coefficients are high. The structure indexes of inter-regional collaboration network do not have the predicted effects between ego-network expansion and innovation performance.
2019 Vol. 16 (7): 1026- [
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1035
Analysis on Opportunity and Mode of Venture Capital Entering Innovative Enterprises Based on Threshold Model
FAN Mingxue，XIE Chi，HUANG Weiliang
Through the improved catastrophe progression method, this study establishes the enterprise growth comprehensive evaluation index system, and combines this system with the threshold model to construct the enterprise growth threshold model, and then discusses the opportunity and mode of venture capital entering the innovative enterprise. Research shows that there is a clear double threshold effect when venture capital enters an innovative enterprise: When the growth is greater than the high threshold, the venture capital will bear too much risk, and the growth value of the enterprise is too small when the value is lower than the low threshold. Only when the growth of the enterprise is between the two thresholds, the venture investment is suitable for innovation. Similarly, there is also a double threshold effect on the way venture capital is entered: Venture capital will not choose any kind of investment when the growth of the enterprise is less than the low threshold. When the growth is between the high and low thresholds, choose to invest separately. If the growth exceeds the high threshold, choose joint investment. Based on the two double threshold effects, when the growth of innovative enterprises is between 0.580 and 0.708, venture capitalists should adopt separate investments. When their growth is higher than 0.708 and lower than 0.732, venture capital should be choose joint investment. If the growth is other values, the venture capital should not enter.
2019 Vol. 16 (7): 1035- [
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1044
Study on the Micro-Foundations of Latecomer Enterprises Dynamic Capabilities from the Perspective of the Interactive Evolution of Knowledge and Organizational Routines
LIU Lina，YU Bo
In order to trace the micro-foundation and explore the source, formation mechanism and evolution law of the dynamic capabilities of the latecomer enterprises, this paper constructs a theoretical model of the formation and evolution mechanism of dynamic capabilities based on the perspective of interactive evolution of knowledge and organizational routines. Under the research framework, this paper made a longitudinal case study on Hadian Group. It was found that the microbasis of dynamic capabilities of the latecomer enterprises was composed of two dimensions: exploitative dynamic capabilities and the explorative dynamic capabilities, as well as the specific processes and routines under each dimension. The formation of the dynamic capabilities of the latecomer enterprises was the result of the interactive evolution of knowledge and organizational routines; In the process of the interactive evolution of knowledge and organizational routines, the dynamic capabilities of latecomer enterprises are developed from the exploitative dynamic capabilities to the explorative dynamic capabilities.
2019 Vol. 16 (7): 1044- [
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1054
Modeling and Simulation of Risk Communication under Conflict Information Conditions
ZHANG Hubo，LIU Tiezhong，ZHANG Huyuan，LI Xiaowei
From the perspective of system theory, the main factors affecting risk communication under conflict information conditions are studied. The social network structure is restored by the local world model construction method. On this basis, positive and negative conflict information are simultaneously studied in the social network. The multi-agent modeling and simulation method is combined with the risk communication theory to design the properties of agents, and the emergence of micro-agent in the macro-social network is investigated. Through modeling and simulation analysis, it is found that the social network location of the public, the average degree of social network, the proportion of initial positive and negative risk information, the level of trust between the public and the level of confidence of the public’s risk ability will have an impact on risk communication. According to the results, we propose measures to improve the effectiveness of risk communication.
2019 Vol. 16 (7): 1054- [
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1063
Team’s Boundary Spanning Behavior, Knowledge Integration Capacity and Team Creativity: The Moderating Effect of Knowledge Heterogeneity
ZANG Wei，ZHAO Liandong，XU Lei，YAO Ya’nan
From the perspective of knowledge management, this study establishes a mechanism model of team boundary spanning behavior’s influence on team creativity by taking knowledge integration capacity and knowledge heterogeneity as mediating variable and moderating variable respectively. Through the statistical analysis of 510 questionnaires by paired sampling from 78 teams in knowledge-based service industry, it is explored that three dimensions of team boundary spanning behavior (diplomatic behavior, coordination behavior and detection behavior) have a positive impact on team creativity, and this effect is achieved through the mediating role of knowledge integration capacity. In addition, knowledge heterogeneity plays a negative moderating role between knowledge integration capacity and team creativity.
2019 Vol. 16 (7): 1063- [
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1072
Research on Omni-Channel Supply Chain Structure with BOPS
KONG Ruixiao，GUAN Zhenzhong，LUO Li
This paper studies the supply chain structure with Buy-Online-and-Pick-up-in-Store(BOPS) under omni-channel retailing. Two scenarios are discussed, namely the online only sales and combination of the online and offline channels, to analyze the impact of the BOPS strategy on price, demand and profit of a retailer. The results show that BOPS is not always beneficial to the retailer. For the scenario of online only sales, the retailer can benefit more when the unit handling cost of implementing BOPS is lower. For the scenario of combination of the online and offline channels, the retailer is more profitable when both the unit handling cost of implementing BOPS and the hassle costs of consumers choosing the BOPS channel are lower. In both scenarios, the smaller the difference between consumers’ valuation of online and offline products is, the better the retailer implements the strategy.
2019 Vol. 16 (7): 1072- [
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1081
Research on Pricing Strategy of Freight Transport Sharing Platform under Different Behaviors of Users
WANG Zhihong，FU Changtao
The pricing strategy of the freight sharing platform is affected by the behaviors of bilateral users. This study combines the characteristics of two-sided markets and builds a pricing model for freight sharing platforms. It mainly focuses on analyzing the pricing strategy for the freight sharing platform under the different attribution behaviors of the platform bilateral users. The study shows that when the attribution behavior of bilateral users is consistent, the freight platform will increase its own profits by improving its own matching ability. When both sides of users are single-homing, the platform charge registration fees and transaction fees. When both sides of users are partially multi-homing, the platform only charges registration fees. When the attribution behavior of bilateral users is different, the platform adopts different pricing strategies according to its matching ability, the remuneration paid by the freight demander and the network externality coefficient generated by the freight supplier. At the same time, the number of partial multi-homed users is related to the degree of the platform differentiation.
2019 Vol. 16 (7): 1081- [
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1088
How Investors Evaluate Corporate Social Responsibility? An Empirical Research on China Listed Companies
ZHANG Xuan，LIN Youwei，ZHANG Hongxia
Under this circumstance, the public is paying great attention to corporate social responsibility (CSR). More and more firms started to invest a lot on CSR. For companies, the ultimate goal of CSR is profit maximization. Would CSR help firms to increase their market value? By applying the event study and multivariate regression analysis, this study discusses the effect of CSR on China listed companies’ market value. Empirical results show that investors evaluate CSR positively. Companies could obtain significantly positive abnormal return in the event window through CSR, especially for those companies voluntarily issuing CSR reports. Besides, CSR quality has shown significantly positive influence on market value of listed companies.
2019 Vol. 16 (7): 1088- [
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1097
Research on the Influence of CPA Long Cumulative Tenure on Stock Price Crash Risk
WU Weirong，LI Jingjing
This study examines the relationship between the CPA long cumulative tenure and the stock price crash risk from the perspective of capital market reaction, and proceeds from the following two aspects. First, a theoretical analysis of the impact of CPA long cumulative tenure on the crash risk of stock prices. Secondly, analyzes the conduction path of CPA long cumulative tenure’s impact on stock price crash risk, analyzes and examines it from such four aspects: information path, accounting path, investment path, and related transaction expropriation path.The instrumental variable method and two-stage least squares regression are used to test the relationship between the CPA’s long cumulative tenure and the stock price crash risk, and further use the mediation effect model to test the path of the CPA’s long cumulative tenure affecting the stock price crash risk. The study found, CPA long cumulative tenure is positively related to stock price crash risk.Further study on the conduction effect of CPA long cumulative tenure affecting stock price crash risk,found that the investment is totally conduction path. There is a partial mediation effect on the information path for the CPA long cumulative tenure exposure to the stock price crash risk.In the current Chinese capital market, related-party transaction corruption and accounting path aren’t the conduction path of CPA long cumulative tenure exposure to the stock price crash risk.The results of a series of robustness tests are basically consistent with the main conclusions of the previous article.
2019 Vol. 16 (7): 1097- [
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