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Chinese Journal of Management
2024 Vol.21 Issue.10
Published 2024-10-01
1423
A Study on the Construction of High-Quality Actor Networks for Female Entrepreneurial Enterprises: Analysis of “Empowerment of Beauty Power” Management Thought
HU Haibo，ZHOU Jie，WEI Peng，WANG Yiqin
Using a longitudinal case study method, this research analyzed the multiple entrepreneurial journeys of female entrepreneur Zhang Bei, and extracted her management thought of “empowerment of beauty power”. The findings indicate that the formation of the entrepreneur’s management thought is influenced by objective, timely, and differential key characteristics. It is shaped by the entrepreneur’s logic of cognitive beauty and concrete beauty, which embodies the essence of change and constancy. The entrepreneur’s entrepreneurial willingness acts as a “bridge” between these key characteristics and management thought. Through dialogue with these evolving key characteristics, this willingness manifests in three stages of entrepreneurship: the beauty of objects, the inheritance of natural beauty, and the fostering of beauty. This stage-specific entrepreneurial willingness serves as carriers of the entrepreneur’s management thought and are imprinted with the organizational aesthetics of their respective stages. Furthermore, through the “bridging” of entrepreneurial willingness, the entrepreneur’s management thought guides the entrepreneur to construct an actor-network across three stages of entrepreneurship. They adopt models such as maximizing resource utilization, situational guidance, and beauty sharing, thereby achieving entrepreneurial willingness.
2024 Vol. 21 (10): 1423- [
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1435
The Influence of Zhongyong Leadership on Enterprises’ Management Innovation Process
YOU Chengde，PI Zhuojie，ZHANG Jianqi，LIU Heng
Based on the upper echelon theory and manager cognition theory, this study explores the heterogeneity effect and the boundary conditions of Zhongyong leadership in the conception and implementation stages of management innovation, referring to the process model of management innovation. Through the empirical test of 315 questionnaire data, the results reveal that the Zhongyong leadership has a direct positive effect on management innovation in the conception process, but negatively moderates the implementation process of management innovation. Boundary condition analysis shows that under high turbulence of external environment, the positive impact of Zhongyong leadership on management innovation is stronger, while the negative influence on the management innovation’s implementation process is weakened.
2024 Vol. 21 (10): 1435- [
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1445
Research on the Impact of SMEs’ Digital Platform Capabilities on Their Digital Transformation
LI Xueling，FAN Meixi，ZHANG Xiang
In order to explore how small and medium-sized manufacturing enterprises(SMEs) rely on digital platform capabilities to improve their digital transformation performance, this study, based on the dynamic capability theory, takes 398 manufacturing SMEs as the research samples, and applies hierarchical regression to explore the influence mechanism of digital platform capabilities on their digital transformation performance, and reveals the chain mediation roles of absorptive capacity and organizational agility in this process. The findings show that the platform integration capability and platform reconfiguration capability of SMEs, as two dimensions of their digital platform capability, both have a significant positive impact on their digital transformation performance; absorptive capacity and organizational agility have a partially mediating effect in the relationship between the platform integration capability, platform reconfiguration capability of SMEs and their digital transformation performance, respectively, and they jointly play the role of chain mediators.
2024 Vol. 21 (10): 1445- [
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1456
Study on the Impact of Financial Pressure on Enterprise Digital Transformation
LIU Shuo，LI Xiangju
Using the VAT Revenue Division reform in 2016 as a quasi-natural experiment of the impact of fiscal pressure on local governments, the financial data of A-share listed companies from 2012 to 2019 are used as research samples to empirically test the impact and internal mechanism of the increased financial pressure of local governments on the digital transformation of enterprises. The results show that the increasing financial pressure of local governments inhibits the digital transformation of listed companies. Mechanism analysis shows that local government financial pressure will inhibit enterprises’ digital transformation by reducing high-level human capital and improving financing constraints, and local government financial pressure will also affect enterprises’ capital factor cost and human capital level through the dual transmission path of “open source” and “throttling”. Further analysis shows that the synergistic effect of regional industrial agglomeration and the ability of efficient allocation of credit resources will have a positive moderating effect on the digital transformation of enterprises, and the heterogeneity of property rights at the firm level will also affect the impact effect of financial pressure.
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1467
Research on the Impact of Open Government Public Data on Digital Transformation of Enterprises
LI Jialin，WANG Yu，ZHAO Xibo
Based on the perspective of establishing a data-open platform by local governments, this study empirically tests whether and how open of government public data can promote digital transformation of enterprises. Research has found that open of government public data can facilitate the digital transformation of enterprises, and has a stronger impact on private enterprises and enterprises in areas with weak resource endowments and inadequate information environments. Research on the impact mechanism shows that open of government public data mainly promotes digital transformation of enterprises through two paths: enhancing their willingness and enhancing their abilities. Furthermore, as the platform for open of government public data constructs more completely, the institutional foundation becomes more solid, and the data resources are richer, the impact of government public data openness on enterprise digital transformation becomes more significant.
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1476
The Inhibitory Mechanism of Ego Depletion on the Impact of Ethical Leadership on Employees’ Moral Voice
WANG Zijing，TAN Beijing，ZHAO Shusong，LIU Zhiqiang
Grounded in social learning theory, this study develops a theoretical model incorporating moderated mediation effects to explore the resource-dependent dynamics of ethical leadership’s influence on employees’ moral voice. The aim is to identify the mechanisms that constrain the impact of ethical leadership on employees’ moral voice. Drawing on two-wave paired data from 583 leader-employee dyads, the findings reveal that this influence is neither direct nor automatic but is instead inhibited by ego depletion and employee-leader moral foundation differences. Specifically, both ego depletion and employee-leader moral foundation differences hinder the effect of ethical leadership on employees’ moral model identification, thereby suppressing their moral voice. Additionally, employee-leader moral foundation differences mediate the inhibitory effect of ego depletion on the relationship between ethical leadership and employees’ moral voice.
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1487
The Double-Edged Sword Effect of Upward Mobility on Employee Interpersonal Citizenship Behavior
NI Dan，DONG Xiaowei
Drawing on social information processing theory, this study explores the double-edged sword effect of upward mobility on employee interpersonal citizenship behavior through the secondary data from the Chinese General Social Survey, the survey data from 275 Chinese workers, and the experimental data from 310 workers in China, including the dual-path mechanism of resilience and perceived uncertainty about the future and the moderating role of mobility degree. The results show that upward mobility not only has a positive effect on employees’ resilience, which improves interpersonal citizenship behavior, but also has a positive effect on perceived uncertainty about the future, which reduces interpersonal citizenship behavior. The degree of upward mobility moderates the effects of upward mobility such that a higher level of mobility degree strengthens the positive effects of upward mobility on resilience and perceived uncertainty about the future.
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1499
Research on Influence Mechanism of Technostress on Employee Creativity from the Self-Regulatory Perspective
SONG Kuntai，XU Xinyi，YAO Jianing，DU Pengcheng
Based on regulatory focus theory and through 573 valid data collected at three time points, this study explores the mechanism and boundary of the influence of technostress on employee creativity from the self-regulatory perspective of “harm avoidance” and “profit seeking” by using regression analysis and bootstrapping analysis methods. The results show that there is no direct relationship between the technostress and employee creativity. Prevention work regulatory focus and promotion work regulatory focus play a negative and positive mediating role in the relationship between the technostress and employee creativity. When error management climate is low, the technostress is more likely to trigger prevention work regulatory focus, and then hinder employee creativity. When error management climate is high, the technostress is more likely to trigger promotion work regulatory focus, and then enhance employee creativity. Specially, as error management climate perception changes from low to high, the influence of technostress on employee creativity has changed from “harm avoidance” to “profit seeking”.
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1511
The Influence of Entrepreneurs Childhood Socioeconomic Status on Radical Innovation: The Perspective of Life History Theory
JIANG Shiyao，GAO Xue，JIA Junqi，GAO Runfeng，YANG Hang
Drawing upon life history theory, this research developed and tested a theoretical model through the scenario-based experiment and questionnaire survey method to investigate how entrepreneurs’ childhood socioeconomic status, as a distal motivational factor, affect their radical innovation through the proximal mediating motivation of regulatory focus. The results reveal that: ① entrepreneur’s childhood socioeconomic status has a significant negative impact on radical innovation. ② Entrepreneur’s regulatory focus mediates the relationship between childhood socioeconomic status and radical innovation. Entrepreneurs with low childhood socioeconomic status exhibit a higher promotion-focused orientation, thereby positively influence their radical innovation. In contrast, entrepreneurs with high childhood socioeconomic status exhibit a prevention-focused orientation, hindering their radical innovation. ③ Furthermore, entrepreneurs current socioeconomic status moderates the relationship between regulatory focus and radical innovation.
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1520
Configuration Study of the Antecedents of Innovation Willingness and Innovation Output of Chinese Firms
SHI Ye，ZHANG Anqi，HU Yafei，LI Yuanxu1
Based on three levels and six conditions of regional financial development level, intellectual property protection, market concentration, enterprise size, enterprise age, and enterprise nature, this study analyzes the antecedent configuration that leads to high innovation willingness, high exploitative innovation, and high exploratory innovation listed and non-high-tech enterprises in China. Through the analysis of antecedent configuration, findings show that: there is no significant positive correlation between innovation willingness and innovation output; The heterogeneity of enterprises, industries, and regions jointly plays a role in the willingness to innovate and innovation output; The size of enterprises has a strong explanatory power in terms of innovation output, but there is inconsistency in the willingness of enterprises to innovate; In a configuration with high innovation willingness, market concentration has a substitute relationship with financial development and intellectual property protection.
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1530
Research on the Impact of Public Health Emergencies on Consumers’ Online Review Sentiment Tendency
ZHANG Ziqiong，YANG Yu，WANG Bowen，WANG Le，ZHANG Zili
Based on the feelings-as-information theory, taking the information of hotels in Beijing and corresponding review data from Qunar.com as samples, this study explores the impact of public health emergencies on consumers’ sentiment tendency of online reviews as well as the moderating effects of consumers’ insight level and certainty level. The results indicate that public health emergencies can reduce consumers’ positive sentiment tendency while increasing their negative sentiment tendency of online reviews. Consumers’ insight level and certainty level can weaken the negative impact of public health emergencies on their positive sentiment tendency, however, cannot significantly moderate the impact of public health emergencies on their negative sentiment tendency. Using the topic sentiment analysis method, further comparative investigations on the similarities and differences in the distributions of consumers’ review sentiment tendency during different periods are conducted, which reveal that after the occurrence of public health emergencies, consumers tend to improve their positive perceptions in regard to the experiential aspects of hotels, while intensifying the dissatisfaction with hardware facilities in hotels.
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1541
Dimension Exploration and Scale Development of Technical Features of Mobile App Personalized User Reporting Empowered by Big Data
ZANG Wei，CUI Yuqing，XU Lei，GUO Jing
Based on the theory of needs-affordances-features, this study aimed to clarify the psychological mechanism of emotional connection between users and brands in the context of Mobile App Personalized User Report. By using the research paradigm combining qualitative and quantitative research, an exploratory research with grounded theory on the structural dimensions of technical features was conducted. On this basis, the measurement scale was developed and tested, and the predictive utility of technical features on user psychology was empirically tested. The results showed that the technical features of this situation included five dimensions: Mirror-self, objective-self, sociality, fun and security. The measurement scale of technical features was composed of 5 factors and 21 items, and the reliability and validity all reached the ideal level. Technical features could positively predict the psychological ownership through the affordance of self-presentation and could also meet the psychological needs of users and promote the relationship between users and the brands.
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1552
Research on the Impact of Multiple Big Creditors on Corporate Maturity Mismatch of Investment and Financing
ZHAI Shuping，SU Ye，FAN Ziqing
The study empirically explores the relationship and influencing mechanism between multiple big creditors and maturity mismatch of investment and financing with samples of A-share listed companies in Shanghai and Shenzhen from 2007 to 2020. The results show that multiple big creditors could effectively restrain the investment with short-term financing by improving the debt maturity structure of enterprises and decreasing over-investment. Further research finds that when the creditor banks are non-state-owned banks, the loans are non-syndicated loans, the enterprises are non-state-owned enterprises, and the industries are high-tech industries, the restraining effect of multiple big creditors on maturity mismatch of investment and financing is more significant. Economic consequence analysis demonstrates that multiple big creditors alleviate the financial risks of firms by suppressing the maturity mismatch of their investment and financing.
2024 Vol. 21 (10): 1552- [
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1562
Research on the Impact of “Reverse Mixed Reform” on the Debt Default Risk of Private Enterprises
LIN Binghong，LI Bingxiang
Based on the dual perspectives of resource effect and governance effect, this study analyzes the impact of “reverse mixed reform” on the debt default risk of private enterprises, taking A-share private listed companies from 2016 to 2021 as a research sample. The research results show that “reverse mixed reform” can significantly reduce the debt default risk of private enterprises. Moreover, this inhibition effect is more significant in enterprises with high internal control level, strong management ability, and high development of regional digital inclusive finance, indicating that perfect internal control, efficient management team, and sufficient financial supply can strengthen the inhibition effect of “reverse mixed reform” on the debt default risk. The impact mechanism test shows that “reverse mixed reform” in the “resource effect” channel reduces the debt default risk of private enterprises mainly by increasing government subsidies and reducing the cost of debt financing, while in the “governance effect” channel it does so mainly by curbing excessive debt and improving the transparency of debt information.
2024 Vol. 21 (10): 1562- [
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1572
Coordination Efficacy Analysis for Preorder Contract in Supply Chain under Credit Risk
CHEN Zhiming，HUANG Ping
Based on the characteristics of pre-payment trade credit, a supply chain preorder decentralized decision model is established by incorporating factors such as the deposit, discount and credit risk into the Newsvendor. We derive the optimal order quantity for the downstream, and the optimal delivered quantity and the credit decision for the upstream. Moreover, we systematically propose the concept of a preorder contract, and examine its efficacy in both fulfillment and default scenarios. The result finds that preorder contract can stimulate the order quantity. Specifically, the order quantity can be improved by lowering the deposit or increasing the discount. In comparison with fulfilment scenario, the order quantity in default scenario is larger, and the difference becomes more significant as market risk increases. If the downstream pays a small deposit or shows a large default probability, the upstream will reduce the order quantity, leading to lot-size inconsistency in the supply chain. Whether in the fulfillment or default scenario, preorder contract can perfectly coordinate the supply chain.
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