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Chinese Journal of Management
 
2024 Vol.21 Issue.2
Published 2024-01-01

159 The Internal Logic and Theoretical Building of Theoretical Fusion on the Perspective of Management Paradigm
WANG Tao
Theoretical fusion is a general theoretical innovation rooted in paradigms, serving as a foundational element for advancing theories of middle range. This article analyzes the internal logic and theoretical building of theoretical fusion through the lens of management paradigms, and identifies and analyzes the complex relationships between paradigms by using the idea of polycentricity. The goal is to establish a novel paradigmatic research framework that fosters a harmonious convergence while preserving the distinctiveness among paradigms. Then, based on the compatibility and consistency between paradigms, the internal logic of the structural relationship formed by different theories is analyzed, and it is proposed that paradigms will form a differentiated association around the boundary, including paradigm connection, paradigm overlapping, paradigm complementary and paradigm separation, which determines the different theories in the structural relationships formed by the fusion process and thus complete the theoretical building and generate some new viewpoints to enrich the comprehension of management practices.
2024 Vol. 21 (2): 159- [Abstract] ( 179 ) [HTML 1KB] [ PDF 1194KB] ( 903 )
169 Research on Digital Transformation and High-Quality Development of On-Demand Service Platform from the Perspective of Labor Factor Allocation
ZHANG Ling,FENG Haiyang,XIE Jing,FENG Nan,LI Minqiang
By constructing a “platform-demander-provider” tripartite game-theoritic framework, this study explores how enterprise digital transformation infulences the high-quality development of enterprises and identifies the optimal pricing strategy, wage level, and employment model selection for on-demand service platform during the digital transformation process. It is found that the level of digitalization and labor cost are crucial factors affecting the achievement of high-quality development in the process of enterprise digital transformation, and the impact mechanism is qualitatively analyzed. The results indicate that: ①the enterprise digital transformation has a significant positive impact on total factor productivity, promoting the high-quality development of enterprises. ②The enterprise digital transformation can boost consumption and has a positive impact on demanders. ③The collaboration between platforms and workers in resource allocation can achieve a win-win situation in some cases.
2024 Vol. 21 (2): 169- [Abstract] ( 110 ) [HTML 1KB] [ PDF 2179KB] ( 1007 )
181 The Role of Corporate Social Responsibility in the Age of Common Prosperity
JIA Ming,FANG Tongyue,ZHANG Zhe
Deconstruct the brand-new CSR(Corporate Social Responsibility) strategy under the goal of common prosperity from four dimensions: characteristics of dual wealth, ways of wealth acquisition, object of wealth sharing and wealth distribution mode. Firstly, the “prosperity” of firms should be of material and spiritual wealth. Secondly, firms should realize the “co-creation” of value in the wealth acquisition process. Thirdly, firms should establish a business philosophy with “stakeholders” as the core during the wealth sharing process. Fourthly, based on the above, we analyze the mechanism of how firms achieve stable wealth distribution structure(gyro-like). To sum up, we propose a strategic framework of CSR 2.0.
2024 Vol. 21 (2): 181- [Abstract] ( 127 ) [HTML 1KB] [ PDF 2415KB] ( 630 )
193 Research on the Impact of Digital Transformation Differentiation on Enterprise Performance
SHANG Hangbiao,LIU Jiaqi,WANG Zhilin,YANG Chuwei
Based on the optimal discrimination theory, a research framework is constructed to investigate the impact of the degree of variation in enterprise digital transformation on enterprise performance, and to explore the moderating effects of the degree of market competition, policy uncertainty and strategic differentiation. Using A-share listed companies from 2007 to 2021 as a sample for empirical test, the study finds that: the relationship between the degree of variation in digital transformation and firm performance is inverted U-shaped. The increased level of competition in the market leads to a steeper inverted U-shaped curve and the turning point shifts to the left. And the increase in policy uncertainty leads to a flatter inverted U-shaped curve and the turning point shifts to the left. Besides, the increase in strategic differentiation leads to a flatter inverted U-shaped curve as well as a shift of the turning point to the right.
2024 Vol. 21 (2): 193- [Abstract] ( 206 ) [HTML 1KB] [ PDF 1121KB] ( 948 )
202 The Difference of Influence on the Employee’s Bootleg Innovation between Supervisor-Subordinate Guanxi and Leader-Member Exchange Relationship
YANG Xiao,WEN Shaohai,WANG Hui
Based on integration of Renqing-Mianzi theory and conservation of resources theory, the study focuses on comparing the direct and indirect impacts of leader-member exchange on employees’ bootleg innovation with that of supervisor-subordinate guanxi. After analyzing 257 multi-times and longitudinal data of seven companies by both bootstrapping and RWA-Web methods, it concludes that: ①Leader-member exchange has a positive impact on employees’ bootleg innovation; ②Relationships between leader-member exchange or supervisor-subordinate guanxi and employees’ bootleg innovation are partially or fully mediated by psychological capital; ③Direct or indirect effect through psychological capital between leader-member exchange or supervisor-subordinate guanxi and employees’ bootleg innovation differs respectively, and the degree of influence of leader-member exchange is stronger in contrast.
2024 Vol. 21 (2): 202- [Abstract] ( 168 ) [HTML 1KB] [ PDF 1234KB] ( 529 )
212 A Study on the Influential Mechanism of Time Pressure on Work Withdrawal Behavior
CHEN Yun,ZHOU Mengyao,WANG Mofan
Based on Transactional Model of Stress and Regulatory Focus Theory, this study empirically analyzes the impact mechanism of time pressure on work withdrawal behavior through a survey of 404 two-stage questionnaire samples. The results indicate that time pressure negatively affects employees’ withdrawal behavior through employees’ promotion focus, and positively affects employee’ withdrawal behavior through prevention focus. The perceived overwork atmosphere of employee has a negative moderating effect on the relationship between time pressure and employee’ prevention focus,and then moderates the mediating role of prevention focus. The antecedent configurations that trigger employee’ withdrawal behavior include: low income × prevention focus, time pressure ×prevention focus, and low income × low overwork atmosphere × time pressure.
2024 Vol. 21 (2): 212- [Abstract] ( 157 ) [HTML 1KB] [ PDF 1162KB] ( 791 )
223 A Study of the Nonlinear Influence Mechanism Between CEO Humility and Firm Performance
SUN Xiuli,GUO Ning,ZHEGN Fang,ZHAO Shuming
Based on upper echelon theory and social information processing theory, this study explores the nonlinear relationships, mechanism, and boundary conditions between CEO humility and firm performance using multi-source and multi-time survey data from 138 companies. Results indicated that there was an inverted U-shaped relationship between CEO humility and firm performance. Forgiveness climate mediated the inverted U-shaped curve relationship between CEO humility and firm performance. High performance expectations had a significant negative moderating effect on the U-shaped relationship between CEO humility and firm performance, as well as between forgiveness climate and firm performance. Specifically, the two U-shaped relationships were more significant, when the high-performance expectations were lower.
2024 Vol. 21 (2): 223- [Abstract] ( 155 ) [HTML 1KB] [ PDF 1242KB] ( 637 )
232 Research on the Impact of Enterprise Digital Technology Application on Green Innovation Quality
YANG Peng,SUN Weizeng
Employing the theory of knowledge-based view and combining the data of listed enterprises in China’s manufacturing industry from 2010 to 2020, we empirically examine the impact of digital technology application on the quality of corporate green innovation. The results indicate that, first, the application of digital technology enhances the quality of green innovation through two channels: improving companies’ knowledge-searching capabilities and promoting R&D cooperation. Second, senior executive environmental cognition and superstar inventors have a positive moderating effect on the relationship between digital technology and green innovation quality. Third, heterogeneity analysis shows that the enhancement effect of digital technology application on corporate green innovation quality is more obvious in regions with stronger environmental protection and enterprises in technology-intensive industries.
2024 Vol. 21 (2): 232- [Abstract] ( 214 ) [HTML 1KB] [ PDF 1108KB] ( 520 )
240 Influence of Board Network Embeddedness on Enterprise Growth Under the Digital Economy
WANG Yanmeng,XU Guannan,CHEN Qingjiang
Taking China’s A-share listed companies from 2008 to 2020 as a research sample to explore the impact of board network embeddedness on enterprise growth and the moderating mechanism of the digital transformation process. The results show that: both board network relationship embeddedness and structural embeddedness have an inverted U-shaped impact on enterprise growth. With the steady progress of the digital transformation process, the inverted U-shaped curve between network embeddedness and enterprise growth is flattening out. The further discussion find that digital “underlying technology transformation” makes the relationship curve of structural embeddedness on enterprise growth slower while having no significant moderating effect on the process of relationship embeddedness affecting enterprise growth. The“technology practice application” of digitization makes the relationship curve between relational embeddedness and enterprise growth slower, and has no significant moderating effect on the process of structural embeddedness influencing enterprise growth.
2024 Vol. 21 (2): 240- [Abstract] ( 111 ) [HTML 1KB] [ PDF 1783KB] ( 475 )
251 The Impact of Gender-Reverse Spokesperson on Consumers’ Product Attitude and Purchase Intention of Gendered Product
XIA Qinying,XU Lan,CUI Nan,CHENG Wenshu,ZENG Qianyi
Focus on the gender-reverse endorsement strategy, this research explores the role of gender-reverse spokesperson in endorsing gendered product, as well as the impact on consumers’ product attitude and purchase intention through four laboratory experiments. The results show that, compared with same-gender spokesperson, gender-reverse spokesperson of gendered product significantly enhance consumers’ product attitude and purchase intention, which is mediated by perceived user heterosexual attractiveness. Besides, the positive effects of ender-reverse spokesperson endorsement of gendered products are moderated by the type of product context. Specifically, when the gendered products is privately consumed product, the positive influence of gender-reverse spokespersons’ endorsement on the product attitude and purchase intention of gendered products will be weakened.
2024 Vol. 21 (2): 251- [Abstract] ( 128 ) [HTML 1KB] [ PDF 1685KB] ( 591 )
261 Research on the Influence Mechanism of Tourism Short-Form Video on Customer Engagement
ZHANG Yuexian,WANG Xueying
Based on the “sympathize-identify-participate-spread” model, a questionnaire survey was conducted among 417 tourism short video viewers. Through empirical research, a model of the influence mechanism of tourism short video marketing on customer engagement was constructed, aiming to explore the new direction of tourism destination image publicity and the focus of tourism short video creation. The results show that tourism short video marketing positively influences customer integration from three aspects: communication content, communication scene and communication subject, and that customer inspiration plays a partial mediating role; Relationship strength positively regulates the relationship between tourism short video marketing and customer inspiration, and the positive indirect effect of tourism short video marketing on customer engagement through customer inspiration is stronger under the condition of high relationship strength.
2024 Vol. 21 (2): 261- [Abstract] ( 165 ) [HTML 1KB] [ PDF 1238KB] ( 1118 )
269 A Study of the Effect of Regulatory Minority Shareholders on Stock Price Synchronization
LI Shu,JIN Zhen,XIE Yanxiang,GENG Mingyang
Based on the research scenario of the pilot shareholding exercise of China Securities Investor Services Center (ISC) in February 2016, this study investigates the impact of ISC on the stock price synchronicity by using the DID method. The results show that as a regulatory minority shareholder, the shareholding and exercise of the ISC reduces the stock price synchronicity of companies. Furthermore, the impact of ISC on stock price synchronicity is more significant when analysts pay less attention and media reports are less. The mechanism test shows that after the establishment of ISC, the quality of information disclosure and the quality of management’s performance forecast have been improved, resulting in an information effect. The exercise of the rights of ISC has attracted the attention of the media and regulatory authorities, which reduces the encroachment of large shareholders and raises the enthusiasm of small and medium-sized shareholders to participate in the shareholders’ meeting, thereby exerting governance effects.
2024 Vol. 21 (2): 269- [Abstract] ( 106 ) [HTML 1KB] [ PDF 1319KB] ( 493 )
278 Research on the Stickiness of Inventory Investment in Chinese Listed Companies
ZHANG Liangliang,HUANG Shimeng,CHAI Ziqian
Using the listed companies of Shanghai and Shenzhen A-share manufacturing industries from 2007 to 2020 as samples, this study investigates the stickiness of corporate inventory investment. The results show that inventory investment declines less when sales decrease than it rises when the corresponding sales increase, which means that corporate inventory investment is sticky. Considering the differences between inventory types, we find that investment stickiness is stronger for finished products. Furthermore, managers’ optimistic expectations about future demand, the stability of market demand, and the desire to avoid high costs of stockout are important drivers of inventory investment stickiness. In addition, the stronger the stickiness of inventory investment is, the faster the future corporate sales will grow, the stronger the market competitiveness, and the more optimistic and accurate the analyst’s sales forecast will be. The above results indicate that inventory investment stickiness can improve the firms’ future market performance and provide market participants with useful information about future sales growth.
2024 Vol. 21 (2): 278- [Abstract] ( 122 ) [HTML 1KB] [ PDF 1234KB] ( 1121 )
287 The Influence of Information Framework on Users’ Recommend Intention in Threshold Social Referral System
WANG Yisu,WANG Kanliang
Based on the Framing Theory, we analyze the differential effects of benefit-oriented and cost-oriented information presentation frameworks in the context of threshold-type social referral system. Employing experimental methodologies, the study investigates the impact mechanisms of information presentation on user willingness to engage in referral activities. The findings reveal that benefit-oriented information presentation is more conducive to incentivizing user participation in referral activities, with perceived benefits and costs serving as mediating factors. When matched with individual regulatory focus, cost-focused information presentation can reduce perceived costs for prevention-focused users, thereby increasing their willingness to refer. Conversely, benefit-oriented information presentation, aligned with individual regulatory focus, enhances perceived benefits for promotion-focused users, mitigates perceived costs, and elevates their willingness to refer.
2024 Vol. 21 (2): 287- [Abstract] ( 145 ) [HTML 1KB] [ PDF 1344KB] ( 577 )
298 Research on the Effects of Personality Factors on Users’ Anthropomorphism of and Satisfaction with IPAs Based on Amazon Reviews
CAO Cuicui,ZHAO Ling,ZHANG Qianfan,LI Yuni
Based on the framework of personality hierarchy effect, this study investigates the effect of Big Five personality traits on users’ anthropomorphism of and satisfaction with intelligent personal assistants (IPA). Further, it studies the mediating role of users’ anthropomorphism between Big Five personality traits and satisfaction. Reviews on IPAs of Amazon are collected and bidirectional encoder representations from transformers (BERT) and bagging support vector machine (SVM) are used to measure Big Five personality traits. Through empirical analysis, the results show that openness, extraversion, agreeableness, and neuroticism positively influence users’ anthropomorphism of IPAs. Conscientiousness negatively influences users’ anthropomorphism. Meanwhile, openness, conscientiousness, extraversion, and agreeableness positively affect satisfaction with IPAs. However, neuroticism has a negative influence on satisfaction. Users’ anthropomorphism of IPAs partially mediates the relationship between Big Five personality traits and satisfaction.
2024 Vol. 21 (2): 298- [Abstract] ( 188 ) [HTML 1KB] [ PDF 1260KB] ( 743 )
308 Influence Mechanisms of Board Social Capital on Corporate Ambidextrous Innovation: A Literature Review and Theoretical Framework
WU Lidong,WANG Han CUI Xun
Starting from the internal and external relationship network of firms in which ambidextrous innovation is embedded, this study summarizes the research lineage, theoretical findings, and recent advances in the field of ambidextrous innovation and board social capital, constructs the theoretical model of “internal/external board social capital-exploitative innovation/exploratory innovation-ambidextrous balance”, and reveals the influence mechanism of board social capital on ambidextrous innovation. The results reveal the intrinsic mechanism of board social capital affecting ambidextrous innovation and suggest that the interactive integration of internal and external board social capital is an important organizational path to achieve ambidextrous innovation. In addition, it also identifies the potential situational factors affecting the relationship between board social capital and corporate innovation from the viewpoints of organizational endowment and group interaction process. This research contributes to a deeper understanding of the complex relationship between board social capital and corporate innovation, provides new insights into the research framework of antecedent factors of ambidextrous innovation, and extends the theoretical boundaries of the ambidextrous domain.
2024 Vol. 21 (2): 308- [Abstract] ( 178 ) [HTML 1KB] [ PDF 1116KB] ( 934 )
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