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Chinese Journal of Management
2024 Vol.21 Issue.1
Published 2024-01-01
1
High Quality Digital Transformation Management of Enterprises: Theoretical Frontiers
XIE Kang,XIAO Jinghua,WANG Kanliang,YANG Rudai,GUO Xunhua,YANG Jun,WU Yao,CHEN Binkai,KOU Zonglai,LI Xueling
Based on research frontiers in relevant fields and enterprise practice, this study firstly proposes a research framework for high-quality digital transformation management of enterprises according to the progressive logic of “Basic Theory-Applying Basic Theory-Application Theory” on the basis of the original ideas and theories of China’s digital economy of data production factors and data reality integration. Through a dialogue with the existing literature on the relevant research frameworks and conclusions, we discuss the framework theory’s cutting-edge academic value and practical guidance potential and then propose seven crucial research directions, providing directional guidance for future theoretical research.
2024 Vol. 21 (1): 1- [
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The Dual Path Comparison of Spin-off Entrepreneurs’ Organizational Commitment Spanning:A Case Study Based on Social Exchange Theory
LI Zhigang,WANG Na,DU Xin,ZHOU Lin
Based on social exchange theory and through the method of dual case studies, this study selects “independent development” and “maternal support” two types of spinoffs’ entrepreneurs as the research objects, and summarizes four core constructs, including “maternal exchange relationship situation” “exchange relationship risk cognition” “trust boosts commitment fluctuation” and “rebuild new exchange balance”. On this basis, two different commitment spanning paths of spin-off entrepreneurs called “sequential” and “staggered” are identified. These findings not only extend the social exchange theory and entrepreneurial theory, but also can effectively guide the spanning of organizational commitment in the context of spin-off.
2024 Vol. 21 (1): 10- [
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Research on the Impact of Party Organization Pre-Discussion on the Internal Compensation Gap and Total Factor Productivity of State Owned Enterprises
ZOU Honghui,XIE En
This study uses the difference-in-differences model to empirically analyze the governance effect of the Party Organization pre-discussion policy on the internal compensation gap and total factor productivity of state-owned enterprises. The research results indicate that the Party Organization pre-discussion can significantly reduce the internal compensation gap and significantly improve the total factor productivity of state-owned enterprises. A series of tests, including the adoption of propensity score matching method, placebo test and alternative variable measurement, show the robustness of the above results. Further research finds that for the state-owned enterprises operating in monopolistic industries and suffering poor performance, the governance effect of Party Organization pre-discussion on reducing the internal compensation gap and improving the total factor productivity is more significant.
2024 Vol. 21 (1): 23- [
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105
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Enterprises’ Divestment Decision Under Aspiration Loss
WU Qian,XUE Youzhi
Based on the Behavioral Theory of the Firm, using the data from 2004 to 2019 of Chinese listed companies, this study investigates the impact of aspiration loss on enterprises’ divestment decisions and the role of operating environment in these processes. The results indicate that historical aspiration loss and social aspiration loss both have significant positive impacts on enterprises’ divestment decisions, and the latter exhibits a stronger impact. In addition, the supplementary test results further confirm that risk-taking plays a partial mediating role between historical aspiration loss and enterprises’ divestment decisions, while media attention plays a partial mediating role between social aspiration loss and enterprise’ divestment decisions. Also, regional risk culture and the development of intermediary market both have positive moderating effects on the positive relationship between social aspiration loss and enterprises’ divestment decisions. Economic policy uncertainty only strengthens the positive correlation between historical aspiration loss and enterprises’ divestment decisions.
2024 Vol. 21 (1): 33- [
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43
The Double-edged Sword Effect of Leader Bottom-line Mentality on Employees’ Innovative Behavior from a Cognitive Appraisal Perspective
LIU Longjun,LONG Jing,WAN Wenhai
Through 685 samples from both entrepreneurial and non-entrepreneurial teams, the study analyzes how and when the leader bottom-line mentality affects employees’ innovative behavior from the perspective of stress cognition assessment. The research results indicate that the leader bottom-line mentality first makes employees perceive performance stress based on bottom-line goals. Generally, the leader bottom-line mentality has a “double-edged sword” effect on employees’ innovative behavior. That is, the leader bottom-line mentality not only promotes employees’ innovative behavior through employees’ challenging appraisal of performance stress but also inhibits employees’ innovative behavior through employees’ hindrance appraisal of performance stress. The team type plays a significant moderating role in the influence mechanism. Specifically, in entrepreneurial teams, the leader bottom-line mentality mainly has a positive impact on employees’ innovative behavior through the challenging appraisal of performance stress, while in non-entrepreneurial teams, the leader bottom-line mentality mainly has a negative impact on employees’ innovative behavior through the hindrance appraisal of performance stress.
2024 Vol. 21 (1): 43- [
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55
Scale Development of Well-Being Oriented HRM and Its Impacts on Organizational Ownership Behaviour
CHEN Jian’an,HUANG Lijia,JIN Zelin,LU Mengting
The localized scale of well-being oriented HRM was developed through initial questionnaire development, exploratory factor analysis and confirmatory factor analysis. Further, based on the paired survey data of 67 HR managers and 585 employees, the impact mechanism of how well-being oriented HRM inspires employee’s organizational ownership Behaviour was investigated. It was found that well-being oriented HRM consists of four dimensions: growth, co-creation and co-sharing, humanistic caring, and democratic consultation; The scale has good reliability and validity; Well-being oriented HRM can effectively predict employee’s organizational ownership Behaviour, and family-like exchange plays a full mediator role between the two.
2024 Vol. 21 (1): 55- [
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Research on Double-Edged Sword Effects of Multiple Team Membership on Individual Innovation Performance
ZHAO Fuqiang,ZHU Hanqiu,CHEN Yun,CHEN Wendong
Based on the role theory and person-job fit framework, as well as the empirical analysis of the multi-wave data from 256 employees in knowledge-intensive firms, we explored the integrative effects of multiple team membership on individual innovation performance and examined the moderating role of cognitive flexibility. The research results suggest that multiple team membership on the one hand has a positive indirect effect on individual innovation performance through role integration and thriving at work. On the other hand, it has a negative indirect effect on individual innovation performance through role conflict and alienation at work; for employees with high cognitive flexibility, multiple team membership has a stronger positive impact on individual innovation performance through role integration and thriving at work; for employees with low cognitive flexibility, multiple team membership has a stronger negative impact on individual innovation performance through role conflict and alienation at work.
2024 Vol. 21 (1): 66- [
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Research on the Impact of Servitization of Manufacturing and Enterprise Performance from the Perspective of Innovation
PAN Rongrong,LUO Jianqiang,YANG Zichao
Based on a sample of manufacturing enterprises in Shanghai and Shenzhen stock markets from 2013 to 2021, this study explores the relationship between the impact of product-oriented and customer-oriented servitization on enterprise performance. The moderating effects of innovation behavior, innovation input intensity and digitalization are also explored. The results show that the two types of servitization can both improve the enterprise performance. Exploitative innovation has an inverted U-shaped moderating effect on the relationship between product-oriented servitization and performance. Exploratory innovation has a U-shaped moderating effect on the relationship between customer-oriented servitization and performance. Innovation input intensity and digitalization can enhance the ability of two types of servitization to improve enterprise performance. Further analyses show that there is no service paradox in Chinese manufacturing enterprises. Digitalization strengthens the promoting effect of product-oriented servitization on customer-oriented servitization.
2024 Vol. 21 (1): 77- [
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Impact of Complementors’ Experience on Iterative Innovation in Digital Platform
FU Feng,CHEN Shuangying,WEN Yi
Based on experiential learning theory, this study explores the impacts of complementors’ experience on iterative innovation and considers the moderating effect of platform owner’s entry on the relationship between the above two. In this study, the dataset of Apps was collected from iOS App Store in China, which consist of the panel data, and then regression analysis was used to test the research hypotheses. The results show that: complementors’ ecosystem experience is positively related to the novelty and agility of product iterative innovation, and product experience diversity shows a U-shaped pattern with the novelty and agility of iterative innovation. Furthermore, based on the perspective of platform governance, it is found that platform owner’s entry plays an important contextual role between complementor experience and iterative innovation. Specifically, platform owner’s entry weakens the facilitating effect of complementors' ecosystem experience on iterative agility, and also weakens the positive U-shaped impact of product experience diversity on iterative novelty.
2024 Vol. 21 (1): 86- [
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Research on the Four Agricultural Commodity Futures Markets Based on National Food Security under the Impact of Extreme Events
YANG Jie,FENG Yun,YANG Hao
Based on the multifractal theory, this study explores the operation characteristics and cross-correlation characteristics of the four agricultural commodity futures prices for wheat, rice, corn and soybean at home and abroad. The results show that although the international and domestic agricultural commodity futures prices have all risen since 2020, there are significant differences in the internal operation mechanism of domestic and foreign market prices; Since 2020, the multifractal characteristics of the four international grain futures have been enhanced more or less, while the multifractal strength of the domestic market has been significantly weakened; The multifractal strength of cross-correlation between domestic and foreign markets has also decreased, but the decrease of soybean is slight due to the still high import dependence; The complexity of cross-correlation between domestic and foreign markets has decreased, and the cross-market risk has reduced, which can effectively reduce the cost of risk early warning and decision-making.
2024 Vol. 21 (1): 96- [
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Research on Psychological Attributions of Rural Elderly’s Resistance Behavior Towards Digital Payment and Their Mechanism
CHEN Ting,WU Jiang,SHEN Xiaoliang,CHEN Haodong
From the perspective of psychological attribution, this study takes 48 rural elderly people as research samples to conduct in-depth interviews. By using the grounded theory research method, this study deeply investigates the manifestations and psychological attributions of rural elderly’s resistance behavior towards digital payment, explores the mechanism behind these psychological attributions and puts forward corresponding propositions. It is found that digital payment resistance behaviors of rural elderly are manifested as indifference, passive resistance and absolute resistance. Digital payment ability and subjective norms are psychological and social attributions of digital payment resistance behaviors of rural elderly, and indirectly affect digital payment resistance behaviors through digital payment cognition and digital payment emotion. Digital risk propagation and digital payment support moderate the influence of digital payment cognition and digital payment emotion on resistance behavior towards digital payment.
2024 Vol. 21 (1): 107- [
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Research on the Moderating Role of Niche Winners Trait on the Relationship Among Digital Transformation, Firm Growth and Performance Volatility
CHEN Taiming,CHEN Xi,ZHOU Shihao
Based on the samples of the listed firms in Shannghai and Shenzhen Stock Exchanges from 2010 to 2020, this study investigates the impact of niche winners trait on the relationships among digital transformation, firm growth and performance volatility under the influence of different environmental factors. The results show that digital transformation promotes firm growth, but at the same time increases performance volatility. Moreover, the niche winners trait strengthens the promoting effect of digital transformation on firm growth, and weakens the amplifying effect of digital transformation on performance volatility, which reduce the risk of digital transformation. Therefore, the niche winners trait optimizes the effect of digital transformation in both positive and negative aspects. Furthermore, the stronger the environmental technology volatility and the higher the competition intensity, the more the two optimization effects of niche winners trait on the effect of digital transformation will be strengthened. Meanwhile, the environmental capital intensity has a heterogeneous impact on the role of the niche winners trait.
2024 Vol. 21 (1): 117- [
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Pricing Strategy for Crowdsourced Logistics Services Considering Service Supply Capacity and Service Quality
ZHANG Nian,LIU Zhixue,LI Feng
By considering the relationship between order demand and service supply capacity, this study constructs crowdsourced logistics service pricing models based on service supply capacity only and both service supply capacity and service quality, respectively, and proposes the optimal service price and service quality decisions. On this basis, the optimal decisions and enterprise profits of different pricing models are compared, and the impact of compensation rate of crowdsourced deliverers on the optimal decisions and enterprise profit is analyzed. The study found that crowdsourced logistics enterprises can obtain higher profits under the pricing model based on service supply capacity and service quality. What’s more, the service price is inversely proportional to the compensation rate or first rises and then decreases with the increase of the compensation rate under different conditions, while both the service quality and the profit of crowdsourced logistics enterprises increase first and then decrease with the increase of the compensation rate.
2024 Vol. 21 (1): 127- [
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Research on the Impact of Sustainable Supply Chain Management on Frugal Innovation in Small and Medium-Sized Manufacturing Enterprises
WANG Nan,CHEN Baolian,WANG Shouyang,YANG Miao1
From the sustainable supply chain management perspective, this study conducts a qualitative exploration of 6 enterprises and an empirical test of 295 manufacturing SMEs to analyze the main influencing factors of frugal innovation in manufacturing SMEs. Conclusions are drawn as follows: In the internal management of sustainable supply chain, internal environmental management and internal social responsibility management promote enterprise frugal innovation; In external management of sustainable supply chains, sustainable cooperation between firms and suppliers promotes frugal innovative behavior, but monitoring and assessing supplier sustainable practice does not affect firms’ own frugal innovative behavior; Firm size only plays a positive moderating role in the influence of internal management of sustainable supply chains on frugal innovative behavior.
2024 Vol. 21 (1): 137- [
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Qualitative Meta-Analysis in Management Research: Research Questions,Operation Tactics, and Application Directions
WEI Xuhua,CHEN Yi,WANG Guangwei
Previous meta-analysis studies in the field of management focused on the use of quantitative meta-analysis method, so that many qualitative studies were not effectively accumulated and refined. Qualitative meta-analysis, as a method of integrating qualitative studies, can forcefully solve the “island” phenomenon among previous managerial qualitative studies, aiming to construct general management theory. In view of this, firstly, the connotation, epistemological basis and advantages over other research methods of qualitative meta-analysis are introduced. On this basis, previous studies are reviewed and the current status of the application of qualitative meta-analysis is summarized, including applicable research questions and specific operational tactics. Finally, the prospects for the application of qualitative meta-analysis method in future management research are presented from three aspects: questions, operations and methods.
2024 Vol. 21 (1): 148- [
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