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1 – 10 of over 61000The purpose of this paper is to analyse Michel Foucault’s new epistemological model regarding an analogy between the theory of language and economic thought in the seventeenth and…
Abstract
Purpose
The purpose of this paper is to analyse Michel Foucault’s new epistemological model regarding an analogy between the theory of language and economic thought in the seventeenth and eighteenth centuries.
Design/methodology/approach
Through the scrutiny of language, Foucault intended to demonstrate that some analogies, among different branches of knowledge (interdiscursive practice), allow us to apprehend the underlying configuration of thought regarding ontological and epistemological conditions that have historically determined knowledge. He draws a parallel between four theoretical segments borrowed from general grammar (Attribution, Articulation, Designation and Derivation) and economic thought on wealth.
Findings
One of the most remarkable propositions of this approach is that the theory of language and economic thought were epistemologically isomorphic in that context. What the theory of language stated in relation to “attribution” and “articulation” corresponded to the “theory of value” in economic thought. What grammar investigated regarding “designation” and “derivation” was analogous to the “theory of money and trade” in economic thought. The relationships that were – directly and diagonally – identified between and among them led to the conclusion that there was ‘a circular and surface causality’ in economic thought insofar as “circulation” preceded “production”. It was “superficial” because it could not find an explanation for the cause of “wealth”, which was only possible when “production” was placed in the front position of theories.
Practical implications
Such an epistemological point of view can inspire other studies in the history of economic thought.
Originality/value
This paper offers a perspective on how to think about the history of ontological and epistemological conditions of economic thought.
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THOMAS BAUMGARTNER, WALTER BUCKLEY and TOM R. BURNS
This paper proposes a systems framework for the analysis of economic exchange and development. Exchange is examined in the context of a social system in which actors have…
Abstract
This paper proposes a systems framework for the analysis of economic exchange and development. Exchange is examined in the context of a social system in which actors have differential control over resources and different action opportunities and positions in a structure of social relationships. Exchange activities in a social system have ramifications in different spheres (economic and non‐economic) of social life. We focus on those ramifications which relate to social differentiation in terms of power‐unequal or differentiated action capabilities and different structural positions of actors in the social system of interaction. This perspective on exchange leads to the consideration of factors important to the emergence and maintenance of systemic, uneven development of action capabilities and to unequal dependency relationships among actors in a social system. In sum, what we wish to do in this paper is to develop a more systematic model that indicates the mechanisms whereby initial imbalances of the sort mentioned above generate social processes‐non‐economic as well as economic‐which tend to institutionalize the imbalances and perpetuate them in a self‐reinforcing manner.
Raymond Loi, Long W. Lam, Hang Yue Ngo and Sok-ian Cheong
The purpose of this paper is to examine the underlying exchange mechanisms between ethical leadership behavior and affective commitment. The authors hypothesized that ethical…
Abstract
Purpose
The purpose of this paper is to examine the underlying exchange mechanisms between ethical leadership behavior and affective commitment. The authors hypothesized that ethical leadership behavior enhances perceived organizational support (POS), which then raises employee affective commitment. The authors further predicted that economic exchange weakens such indirect effect of ethical leadership on affective commitment via POS.
Design/methodology/approach
Using a two-phase survey, the authors tested the hypotheses with a sample of 176 bank employees in Macau using hierarchical regression analysis and bootstrapping.
Findings
POS was found to mediate the relationship between ethical leadership behavior and affective commitment, whereas economic exchange was found to moderate the ethical leadership behavior – POS relationship as well as its indirect effect on affective commitment via POS.
Originality/value
By identifying POS as the mediator and economic exchange as the moderator, this study enhances our knowledge of the dynamics of multiple exchange mechanisms linking ethical leadership behavior to affective commitment.
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Elten Briggs, Timothy D. Landry and Patricia J. Daugherty
The aim of this paper is to present a new framework for the evaluation of satisfaction in continually delivered business services (CDBS) contexts based on applicable theoretical…
Abstract
Purpose
The aim of this paper is to present a new framework for the evaluation of satisfaction in continually delivered business services (CDBS) contexts based on applicable theoretical perspectives and extant empirical research.
Design/methodology/approach
The paper first describes and justifies the importance of the CDBS context. Then, a literature review of CDBS satisfaction research over the past ten years is presented and utilized in conjunction with theoretical insights from expectancy disconfirmation theory and social exchange theory to develop conceptual definitions, a general conceptual framework, and research propositions.
Findings
The resulting conceptual framework focuses on global CDBS provider satisfaction as the outcome of three more specific satisfaction assessments: service satisfaction (driven by the actual performance of the service), economic satisfaction (driven by the customers’ economic outcomes from the exchange relationship) and social satisfaction (driven by the customers’ social outcomes and interactions in the exchange relationship).
Originality/value
The study is the first to develop a framework of satisfaction for the CDBS context and presents propositions to guide future satisfaction research. The conceptual framework leverages insights from two existing models of satisfaction formation: expectancy disconfirmation (which provides deeper insight on service satisfaction) and social exchange theory (which provides deeper insights on social and economic satisfaction). The integration of these two models results in a more comprehensive view of satisfaction formation in the CDBS context than by using either model separately.
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Two models of organizational behavior are reviewed. The apolitical model describes a relatively stable and centralized monolith, while the political model describes a potentially…
Abstract
Two models of organizational behavior are reviewed. The apolitical model describes a relatively stable and centralized monolith, while the political model describes a potentially unstable federation of self‐interested parties. It is argued that the apolitical model is largely predicated on social and generalized exchange and forces for stability, while the political model is largely predicated on economic and dyadic exchange and forces for instability. It is further argued that the contradictions inherent in these forces help fuel evolutionary change (where the apolitical model becomes most salient), punctuated by revolutionary change (where the political model becomes most salient). Thus, the two models apply simultaneously to organizational action, suggesting that the organization can be seen as both a stable monolith and an unstable coalition.
From the perspective of relationship theory, customers tend to build a positive attitude toward a company with a strong connection. While previous tourism and hospitality studies…
Abstract
Purpose
From the perspective of relationship theory, customers tend to build a positive attitude toward a company with a strong connection. While previous tourism and hospitality studies acknowledged the strategic importance of a strong relationship between customers and brands in enhancing company performance probability, the potential benefits derived from mobile commerce experience deserves further investigation. Thus, this study aims to examine how multidimensional relationships between customers and service providers affect brand performance.
Design/methodology/approach
Using a sample of food delivery application customers in the USA, the structural equation modeling (SEM)-partial least squares (PLS) path modeling is used to examine the impact of economic exchange, social exchange, mutual-interest and self-interest, on brand equity and loyalty intention.
Findings
The PLS-SEM results indicate that customers’ perceived economic exchange, social exchange and mutual interests with food delivery applications influence their perceived equity, which, in turn, enhances their loyalty intention toward brand applications. However, self-interest does not enhance customers’ perceived brand equity.
Practical implications
Accordingly, food delivery service providers must value their relationship with customers to achieve sustainable organizational growth and develop appropriate promotion activities to enhance economic exchange, social exchange and mutual interests.
Originality/value
The current study contributes to the literature by empirically demonstrating the consequences of customer-brand relationships in the emerging service context (i.e. food delivery applications).
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Examines the economy of Southeast Asia during the period 1997 to 1999 against a background of socio‐economic theory and a transition from disequilibrium to general stable and…
Abstract
Examines the economy of Southeast Asia during the period 1997 to 1999 against a background of socio‐economic theory and a transition from disequilibrium to general stable and equilibrium conditions. Discusses solutions towards establishing self‐regulating mechanisms needed for a free, just and stable economy and society: reform of officially organized securities commodities and foreign exchange makets; reform of the public budget and budgetary policies; and reform of the foreign exchange system and internaitonal commercial and financial relations.
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Henry Boateng, John Paul Basewe Kosiba and Abednego Feehi Okoe
Consumers’ intentions to participate in the sharing economy have received much attention from researchers in recent times. However, little attention has been paid to consumers’…
Abstract
Purpose
Consumers’ intentions to participate in the sharing economy have received much attention from researchers in recent times. However, little attention has been paid to consumers’ actual participation in the sharing economy. The purpose of this paper is to examine the factors that drive customers in Ghana to use Uber.
Design/methodology/approach
The authors used surveys as the research design. There were 500 participants who were users of Uber. Data were collected through self-administered questionnaires.
Findings
The findings of this study show that trust, customer return on investment and search convenience are the key factors that contribute to riders’ usage of Uber service. Furthermore, this study shows that consumers’ need for prestige and social connection do not play a significant role in consumers’ (riders’) usage of Uber services.
Originality/value
Studies investigating consumers’ participation in the sharing economy from an emerging economy context using the social exchange theory is limited. This study identifies elements of the economic and socio-emotional dimensions of the social exchange theory and the strength of their impact on people’s participation in the sharing economy.
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The purpose of this paper is to develop a social exchange perspective of planned short‐term dyadic strategic alliances.
Abstract
Purpose
The purpose of this paper is to develop a social exchange perspective of planned short‐term dyadic strategic alliances.
Design/methodology/approach
The article adopts a conceptual approach drawing on social exchange theory to elicit innovative conclusions about short‐term dyadic strategic alliances.
Findings
Finds that planned short‐term dyadic strategic alliances are difficult to manage, limit social control mechanisms, limit reciprocal activity and interrupt the development of trust.
Practical implications
The article can help managers and analysts working in investment banking to understand the underlying causes of alliance instability and/or failure in their industry.
Originality/value
The article offers practical insights into the functioning and management of short‐term dyadic alliances which will be of interest to both researchers and practising managers.
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Jinyun Duan, Dilin Yao, Yue Xu and Linhan Yu
Although domestic research on Chinese management is emerging, a suitable domestic theory is still needed to support and explain Chinese management practice. Given that, this paper…
Abstract
Purpose
Although domestic research on Chinese management is emerging, a suitable domestic theory is still needed to support and explain Chinese management practice. Given that, this paper aims to extract ideas of cultivation from Confucianism and propose a theoretical framework of self-cultivation with a purpose to provide new explanations for domestic (nondomestic as well) management practice.
Design/methodology/approach
Drawing from pre-Qin cultivation discourse and management practice, this paper develops a theoretical framework of self-cultivation and discusses its implications.
Findings
This paper argues that self-cultivation emphasizes self-consciousness, initiative and selflessness. It also includes self-reflection, self-discipline, self-study and self-improvement, as well as self-dedication, all of which reflect the ideal realm of “self-cultivation.” This “realm” refers to the process of pursuing an ideal personality and high moral standards.
Originality/value
This paper contributes to the literature by identifying various potential applications of self-cultivation theory to domestic research on organizational behavior in China.
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