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Chinese Journal of Management
2022 Vol.19 Issue.4
Published 2022-04-01
475
Stabilizing and Spanning Organizational Boundary: A Case Study of Chenguang Biology
CAO Xin，OUYANG Taohua，ZHANG Sixuan，LI Juan
In this study, we investigated the case of Chenguang Bio, the world’s invisible champion of many industries. By examining the boundary evolution of Chenguang Bio, we found that a key to enterprise growth is to handle the relationship between boundary stability and boundary spanning. Specifically, when resources are scarce, enterprises should focus on technology specificity to stabilize enterprise boundaries and incrementally develop technology generalizability to span enterprise boundaries. Our findings show that: the technical specificity of enterprises is conducive to improving product quality, efficiency, and competitiveness, and realizing the continuous stability of enterprise boundaries. Based on the further transformation of technology specificity into technology versatility, it is beneficial for enterprises to expand multi-category and multi-industry fields to continuously span the boundaries of enterprises. Entrepreneurship and the industry-university-research boundary fusion mechanism is the basic condition for the mutual transformation and continuous innovation of enterprise technology specificity and versatility.
2022 Vol. 19 (4): 475- [
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486
The Revival Mechanism of Time-Honored Brand from the Perspective of Brand Authenticity and Value Co-Creation：Based on Lidu Liquor Case Study
YU Kefa，JIN Mingxing
Based on the perspective of brand authenticity and value co-creation, this study takes Lidu Liquor Company of Jiangxi Province as the research object and uses the exploratory case study method to explore the process mechanism of the revival of time-honored brands. The results show that, the revival of time-honored brands is a process of evolution, which can be divided into three different stages, i.e., namely the product revival stage, the model innovation stage, and the cultural empowerment stage，and it has great differences in brand authenticity construction and value co-creation each stage. The construction of brand authenticity is useful to the inheritance of time-honored brands, the value co-creation is helpful for achieving the innovation of time-honored brands. The value co-creation of time-honored brands can promote the formation of brand authenticity to a certain extent.
2022 Vol. 19 (4): 486- [
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351
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495
Study on the Influence of Party Organization Embeddedness, Entrepreneur Status on Corporate Social Responsibility in Private Firms
XIAO Hongjun，YANG Zhen，ZHANG Zhe
Based on the micro database of China’s private enterprise comprehensive survey, this paper empirically analyzes the influence effectof party organizations embedding on private enterprise’s social responsibilityand investigates the moderating effect of entrepreneur’s status perception. The results show that party organization embedding (institution embedding) and entrepreneurs embedding in party organizations (network embedding) have a significant positive effect on private corporate social responsibility. And party organization embedding has heterogeneous effects on different dimensions of social responsibility, such as private enterprises’ willingness to participate in social governance, environmental governance, corporate social responsibility disclosure and employee social responsibility. Meanwhile, entrepreneur status (economic status, social status and political status) has a negative moderating effect between party organization embedding and corporate social responsibility, and entrepreneur status has a significant positive effect on corporate social responsibility. Finally, the results of heterogeneity analysis show that the positive effect of party organization embedding on corporate social responsibility is more obvious in the institutional environment with higher degree of marketization and enterprises without political connection.
2022 Vol. 19 (4): 495- [
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270
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506
The Impact of Private Information Sharing on Herd Behavior of Institutional Investors Based on Network
LIU Xinzheng，GAO Chuang
Using the data of A-share listed companies from 2003~2019, this study analyzes the influence of private information sharing on institutional investors’ herding behavior from the perspective of the network. The study finds that private information sharing in the network can lead to institutional investors ‘herding behavior, especially the buyer’s herding behavior. This effect is more obvious in the period of market turbulence. When the quality of public information is lower and the information collection ability of institutional investors is stronger, the impact of private information sharing on institutional investors’ herding behavior is more significant. Further research shows that the herding behavior caused by private information sharing improves the stock price synchronization, which belongs to real herding behavior. Competition plays a significant mediating role, and private information sharing cannot promote more private information into the stock price.
2022 Vol. 19 (4): 506- [
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226
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516
Dynamic Evolution Mechanism of “Optimal Openness” in Open Innovation of Manufacturing Enterprises
YANG Jiaoping，LI Jie，BIAN Weijun，LUO Gongli
Taking 305 listed manufacturing enterprises from 2009 to 2019 as samples, this study establishes a fixed effect regression model. The empirical analysis shows that with the enhancement of absorptive capacity, the improvement of business model and the increase of organizational inertia, the “optimal openness” of open innovation of manufacturing enterprises gradually increases. Further, the results of this study have passed the endogenous test and robustness test, and have been supported in the regression model of different industries. Therefore, for manufacturing enterprises, with the improvement of their comprehensive ability, they should adjust their openness dynamically to improve their innovation performance.
2022 Vol. 19 (4): 516- [
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239
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525
The Mechanism of Exploitative Leadership on Employees’ Compulsory Citizenship Behavior
ZHANG Yongjun，SUN Yadi，LIU Zhiqiang
Based on impression management theory and through a longitudinal tracking questionnaire survey on the employees of related companies, this study explores the mechanism of exploitative leadership on employees’ compulsory citizenship behavior (CCB). The results of the empirical study show that exploitative has a positive effect on CCB, and emotional labor (surface acting) has a partial mediating effect. Agreeableness has a positive moderating effect between exploitative leadership and surface acting, exploitative leadership has a more indirect effect on CCB for high agreeableness individuals. Power distance orientation has a negative moderating effect on exploitative leadership and surface acting, and exploitative leadership has a more indirect effect on CCB via for low power distance orientation individuals.
2022 Vol. 19 (4): 525- [
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534
Development and Validation of Sustainability-Oriented Human Resource Management Scale
CHENG Bao，YU Xiaotong，JIANG Jianwu
On the basis of Grounded Theory, this study investigates the conceptualization and dimensions of sustainability-oriented human resource management. Further, a scale is developed following a rigorous procedure including exploratory and confirmatory factor analysis. The results show that the scale of sustainability-oriented human resource management consists of eighteen items under six dimensions: sustained protection of labor rights, sustained learning and development, sustained protection of employee health, sustained fulfillment of social responsibilities, sustained maintenance of relationship balance, and sustained development of management belief. This study also empirically examines the similarities and differences between sustainability-oriented human resource management, strategic human resource management and developmental human resource management, as well as their impacts on employee job performance and career sustainability. The results further indicate that sustainability-oriented human resource management is significantly different from the other two types of human resource management and has a stronger explanatory power for job performance and career sustainability.
2022 Vol. 19 (4): 534- [
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545
Research on the Influence Mechanism of Perceived Negative Workplace Gossip on Employee Well-Being: A Framework under the Perspective of Conservation of Resources Theory
LI Pengbo，WANG Shuaikang，WANG Runna，HUANG Zixin1
Based on the conservation of resources theory, this study explores the effect of perceived negative workplace gossip on employee well-being and examines the mediating role of emotional exhaustion and the moderating role of supervisor support and emotional intelligence by analyzing the data from 314 front-line employees in the service industry. Results show that perceived negative workplace gossip negatively affects employee well-being. Emotional exhaustion mediates the relationship between perceived negative workplace gossip and employee well-being. Supervisor support and emotional intelligence can respectively weaken the influence of perceived negative workplace gossip on emotional exhaustion and that of emotional exhaustion on employee well-being, and further moderate the mediating effect of emotional exhaustion between perceived negative workplace gossip and employee well-being. On this basis, the mediating effect of emotional exhaustion is weakened even more under the conditions of relatively high supervisor support and relatively low emotional intelligence.
2022 Vol. 19 (4): 545- [
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409
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555
The Spillover Effect of Lay Rationalism on Indulgence Consumption from the Perspective of Hedonic Experience
QIAO Lin， LI Dongjin， ZHANG Yudong
This study explores the spillover effect of lay rationalism on subsequent indulgence decision-making from the perspective of consumer hedonic experience. Across three experiments with different stimuli and various self-control domains, we explored the circumstance under which lay rationalism positively influences indulgent consumption and uncover the underlying mechanisms. The results show that when consumers experience dissatisfaction with hedonic, compared with the low level of lay rationalism, individuals with higher lay rationalism are likely to choose indulgence in the subsequent purchase behavior. For consumers who experience satisfaction with hedonic, compared with the low level of lay rationalism, individuals with higher lay rationalism are likely to choose self-control in the subsequent purchase behavior. Besides, counterfactual thinking plays a mediating role in the mechanism. When the hedonic experience is not satisfying, compared with the low level of lay rationalism, the consumers with a higher level of lay rationalism have stronger counterfactual thinking, so as to improve the indulgence intention in the subsequent consumption.
2022 Vol. 19 (4): 555- [
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565
The Impacts of Online-Offline Doctor Service Evaluation on Patients’ Online Consultation Choice
LI Lun，YIN Qiuju，YAN Zhijun
This study collects data from a Chinese leading online health community. Based on the signal theory, the direct effects and their synergistic effect of doctors’ online service and offline service evaluation (including the number of reviews and online rating) on patients’ online consultation choices are explored, and the moderating effect of doctors’ professional titles is also investigated. The fixed effects method is used to estimate the empirical model and the results show that: First of all, the number of online and offline service reviews and online rating have positive impacts on patients’ online consultation choices; Secondly, the number of reviews (or online rating) of online and offline service evaluation have negative synergistic effects in influencing patients’ online consultation choices; Finally, doctor’s title negatively moderates the effect of offline service evaluation, positively moderate the effect of the number of online service reviews, but has no moderating effect on the impact of online service rating.
2022 Vol. 19 (4): 565- [
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575
Research on Supply Chain Financing Strategy Considering Supplier’s Reserve Capital
LI Jianbin，XIE Wen，CHENG Wei，TAO Zhiying
Based on the newsvendor model, this study investigates the financing and operation strategy of a supplier, and the sufficient conditions which benefit the supplier with reserve capital under two channel structure: the single channel structure (supplier borrows from either bank or retailer) and the dual-channel structure (supplier borrows from both bank and retailer), as well as the financing strategy of its retailer. By solving the model, it is found that when the retailer has priority creditor’s rights, the optimal financing strategy of the supplier is as follows: 1) Do not loan when there is sufficient self-owned capital; 2) When it has less capital, borrow from the lender whose interest rates is lower, rather than from both bank and retailer. However, when the bank has priority creditor’s rights, the supplier should borrow from both bank and retailer under a special situation. As for the retailer, it tends to provide low-interest or even interest-free loans to induce suppliers with more self-owned funds to overproduce (beyond the optimal production when the supplier has sufficient self-owned funds), obtaining more sales commissions and increasing expected profits.
2022 Vol. 19 (4): 575- [
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Pricing Strategy and Collecting Mode Selection of Closed-Loop Supply Chain in the Presence of C2C Secondary Market
SU Ling，YANG Lei，QIU Junyuan，WAN Yao
Consider the competition between C2C secondary market represented by “Xianyu” and supply chain recycling, the Stackelberg game is used to build closed-loop supply chain model and the non-recycling basic model under manufacturer, retailer and third-party recycling, respectively. And analyze the pricing decision and recycling channel selection of the closed-loop supply chain. The results indicate that: First of all, recycling activities can always increase the profits of manufacturer and retailer. Secondly, in the presence of C2C secondary market, the competition between the secondary market and the supply chain in the recovery link will damage the profits of all parties in the closed-loop supply chain. Besides, when the transaction cost in the secondary market is small, the third-party recycling mode is the best choice for manufacturers and retailers. On the contrary, both sides will choose the retailer recycling mode. Finally, consumer transactions in different channels change in cost or the secondary market discount rate will affect the optimal pricing, profits and social welfare of supply chain members.
2022 Vol. 19 (4): 584- [
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595
Research on the Impact of Seniority on the Cost Stickiness in State-Owned Enterprises
ZHAN Meisong，HUANG Linlin，KANG Jun，GAO Jun
Based on the sociocultural perspective, this paper analyses the effect of the phenomenon arranged in order of seniority on the cost stickiness in state-owned manufacturing companies. Taking the state-owned listed manufacturing industry from 2004 to 2018 as the sample, this study indicates the phenomenon arranged in order of seniority strengthens the problem of cost stickiness in state-owned enterprises, which makes cost reductions when the revenue declines are less than cost increases when the revenue rises. Furthermore, state-owned enterprises directly under the central government, the auditors come from the four major international accounting firms, under lower separating extent of ownership and controlling right and bigger internal control index, the effect of the phenomenon that arranged in order of seniority on the cost stickiness is greatly weakened; Meanwhile, this study shows that the effect is strengthened in the state-owned manufacturing companies with a smaller number of analysts and less attention from research reports.
2022 Vol. 19 (4): 595- [
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604
Information, Communication Media and Taxpayer Tax Satisfaction
LIU Wenjun，HOU Shian， WEN Jing，YUE Yongjie，WEI Ran
Based on a large number of questionnaire data, this study explores the relationship between tax information acquisition methods and tax satisfaction, and empirically analyzes the influence of different types of tax information acquisition methods on taxpayers’ tax satisfaction. The study shows that in terms of business ability, respondents generally think that taxation authorities are professional, diligent, and trustworthy; in terms of service attitude, respondents think that taxation authorities are dedicated to service, enthusiastic and proactive, humane, and attentive. Distinguishing different regions, respondents in Guangdong Province have the highest recognition of the image of the taxation department; respondents in Guangxi Zhuang Autonomous Region have the second-highest recognition, and respondents in Yunnan Province have a relatively low recognition. In terms of tax information access, WeChat public accounts have a better effect on taxpayers’ tax satisfaction than microblog and official website.
2022 Vol. 19 (4): 604- [
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Corporate Entrepreneurship from a Cognitive Perspective：A Literature Review and Prospects
HU Wangbin，ZHANG Yahui，JIAO Kangle
Combined with quantitative and qualitative methods, this study makes a statistical analysis on the quantitative changes, journal distribution, research design, and research topics of corporate entrepreneurship research literature from the cognitive perspective, combs the theoretical evolution path of “corporate entrepreneurship from a cognitive perspective” from the perspective of theoretical development, theoretical exploration, and theoretical integration. In addition, this study proposes an integrated framework of corporate entrepreneurship from the perspective of cognitive representation at the organizational, team, and individual levels. Future research can pay attention to the mining of the uniqueness of the corporate entrepreneurial context, deepen the understanding of different levels of cognitive representations, strengthen the attention to the diversified corporate entrepreneurial results, and construct the cognitive infrastructure of corporate entrepreneurship from the perspective of system dynamics.
2022 Vol. 19 (4): 611- [
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624
Research Status and Prospect of E-Commerce and Poverty Alleviation
ZHANG Shuo，QIAO Han，ZHANG Yingchen，LI Zhuolun
This study reviews existing related literature integrating practical e-commerce applications of the achievements and experience in rural poverty alleviation and rural revitalization. Underlining three subjects-government, enterprises, and farmers, this review elaborates the research focus and explores the impact of rural e-commerce on industry upgrading and integration, talent training and entrepreneurship, and the sinking of consumer market. As a result, an integrated research framework is constructed for e-commerce driving poverty alleviation and rural revitalization, which is “three research subjects-research focus-influence mechanism-influence effect”. This study further indicates that future research works are expected to focus on the relationship between poverty alleviation through e-commerce and consumption growth, explore the mechanism of how poverty alleviation through e-commerce could help industrial upgrading, reveal the social effects of poverty alleviation through e-commerce, and explore the effectiveness and mechanism of poverty alleviation through e-commerce to solve the issue of relative poverty.
2022 Vol. 19 (4): 624- [
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