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1 – 10 of 662Chunfang Cao, Fansheng Jia, Xiaowei Zhang and Kam C. Chan
The purpose of this paper is to examine the relation between Buddhism/Taoism and dividend payout decisions among Chinese listed firms during 2003-2013.
Abstract
Purpose
The purpose of this paper is to examine the relation between Buddhism/Taoism and dividend payout decisions among Chinese listed firms during 2003-2013.
Design/methodology/approach
The authors include all Chinese A-share listed stocks in their sample during 2003-2013 and use a multiple regression method to conduct their analyses.
Findings
Their findings suggest that firms in regions with high influence of Buddhism and Taoism lean toward having high dividend payouts. The results are robust to a battery of alternative specifications in dividend payout, religiosity measures, research methods and dividend regulation regimes.
Originality/value
They show that the religions of Buddhism/Taoism play a role in determining dividend payout, complementing other informal institution studies of dividend policy. They complement the literature by providing insights into the impact of Buddhism and Taoism on corporate behaviors beyond immoral or unethical practices. They are able to relate specific doctrinal tenets of Buddhism and Taoism to corporate behavior rather than using only the general moral and ethical guidelines of religiosity.
Xuezhu Bai and William Roberts
This paper aims at building up a comprehensive framework for integrating existing leadership theories from the perspective of Taoism, the well‐known oriental philosophy…
Abstract
Purpose
This paper aims at building up a comprehensive framework for integrating existing leadership theories from the perspective of Taoism, the well‐known oriental philosophy, characterized by a dialectic thinking system. With sufficient evidence demonstrated, it argues that a Taoism‐oriented model of leadership offers a complementary lens, through which leadership insights can be deepened, and may serve as an effective tool for adaptive leaders in a world where change is the only constant.
Design/methodology/approach
Through an in‐depth analysis of the principles of Taoism, and the concepts of leadership studies, it establishes a Taoism‐oriented model of leadership to integrate the current major schools of leadership studies.
Findings
The model of traits of successful leaders based on Taoism has satisfactorily solved the conflicts between different perspectives of leadership studies and provided a dynamic framework to guide leaders to keep up with the organizational changes.
Research limitations/implications
The paper is only a rudimentary one that needs further exploration: for example, when external contexts of leadership are introduced, the current model would appear, in different patterns, to accommodate greater contextual complexities.
Practical implications
The model of traits of successful leaders based on Taoism will contribute to a greater understanding of an organization for different leadership styles. It will potentially serve as an effective tool for the selection of appropriate leaders for an organization and for building up an effective leadership team to accommodate the rapid changes of the organization.
Originality/value
This paper is an initial attempt to bridge leadership studies of east and west via the perspective of Taoism, which contributes to an integrating framework to accommodate different schools of leadership studies.
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This chapter examines the influence of Taoism's wisdom on the realization of Sustainable Development Goals (SDGs). This chapter emphasizes the critical connection between Taoism's…
Abstract
This chapter examines the influence of Taoism's wisdom on the realization of Sustainable Development Goals (SDGs). This chapter emphasizes the critical connection between Taoism's wisdom and the SDGs, which is rooted in the principle of living in harmony with nature. Taoism is an ancient Chinese philosophy that places great importance on living in balance with the natural world and the natural flow of life. This philosophy can offer valuable insights and guidance on how to achieve the SDGs in a sustainable and holistic manner. This chapter explores how the principles of Taoism can be applied to the SDGs. Particularly, the principle of non-action, or Wu Wei, can be used to promote sustainable development by encouraging individuals and organizations to work with nature rather than against it. Similarly, the concept of Yin and Yang can help promote balance and harmony in economic and social systems, which is crucial for achieving the SDGs. This chapter highlights the important role that Taoism's wisdom can play in realizing the SDGs. By promoting sustainable and harmonious development, Taoism can offer valuable insights and guidance on how to build a better future for all.
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Andrew Man Joe Ma and Bramwell Osula
This paper seeks to examine an emerging synergetic model of organizational leadership that is founded on Chinese Taoism and complex adaptive system (CAS).
Abstract
Purpose
This paper seeks to examine an emerging synergetic model of organizational leadership that is founded on Chinese Taoism and complex adaptive system (CAS).
Design/methodology/approach
The paper is formed around a comparative analysis of two conceptual models – the CAS model that is founded on what is known as the new science and a more ancient model that is based on Chinese Taoism.
Findings
While the two models were developed more than 2,500 years apart, this paper shows a degree of alignment between Eastern wisdom and the latest Western scientific theory. The essence of what is characterized as Taoistic leadership emphasizes alignment with “The Way” and is based on the interplay of “Yin/Yang.” This is similar to the core elements of CAS that emphasizes the importance of “the Attractor” and the interplay of “Order/Disorder.”
Research limitations/implications
This paper points out the promise of a convergence of ancient wisdom from China, with the latest new science view on organizational behavior. The outcome is a complementary leadership model that is undergirded by both ethical values and scientific support.
Practical implications
This paper goes one step beyond traditional analyzes by dissecting the two key streams of Chinese philosophy, comparing and contrasting these with CAS.
Originality/value
Chinese leaders today tend to be influenced by a leadership style that can be broadly characterized as reflecting principles of Confucianism. These principles support a more hierarchical formulation of leadership and organizations that are more centralized and less adaptive to today's dynamic environment. This paper offers an alternative leadership model, grounded in the Tao philosophy that is said to be more accommodating of the complexities of organizational behavior today. It also offers value to Western leaders in appreciation of the ancient wisdom and values in Taoism relating to today's organizational behavior and leadership.
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In this chapter, the author proceeds to explore the second ‘C’ in the 3C Model of Taoism: conversation, with an emphasis on ecological sustainability. The discussion delves into…
Abstract
In this chapter, the author proceeds to explore the second ‘C’ in the 3C Model of Taoism: conversation, with an emphasis on ecological sustainability. The discussion delves into the connections between Taoism and deep ecology, eco-effectiveness and eco-efficiency, and the Diderot effect and sustainable consumption. Taoism underscores the value of maintaining balance with nature and regards the natural world as a wellspring of wisdom and inspiration. Taoism and deep ecology share many philosophical similarities. Both perspectives highlight the importance of cherishing all living beings, coexisting peacefully with nature, and acknowledging that humans are a small component of a larger ecosystem. Taoism strongly accentuates the interconnectivity of all things and the critical need for balance between nature and human life. Along with promoting harmony and respect for the environment, deep ecology also advocates for social and political reform to protect the ecosystem. These two approaches emphasize the need to understand our position in the world and how our actions affect the environment and all living organisms. The wisdom of Taoism perceives sustainability as encompassing the entire ecosystem, an intricate network of life with its abundant and diverse range of species. This view aligns with the principles of deep ecology, which sees the ecosystem as a living entity in which humanity is merely one component.
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Longwei Tian, Yucheng Ma, Wei Hu and Yuan Li
This paper aims to, from a Taoism perspective, one of Chinese inveterate cultures and mindsets, add knowledge into how Chinese indigenous cultures and mindsets will affect the way…
Abstract
Purpose
This paper aims to, from a Taoism perspective, one of Chinese inveterate cultures and mindsets, add knowledge into how Chinese indigenous cultures and mindsets will affect the way of Chinese people perceive and process guanxi. Specifically, this paper outlines the mechanism of guanxi from a culture perspective. Cultures significantly affect local people behavior.
Design/methodology/approach
A mixed-methods survey (Study 1) – analyzed with one-way ANOVA – and interview (Study 2) – analyzed with grounded theory – were used to answer the research questions. In total, 248 surveys were collected for Study 1, and 34 interviews for Study 2 that were transcribed into a word file, which consists of 609 pages with 327,463 Chinese characters, were processed.
Findings
The findings show that guanxi is determined by positive and negative forces between instrumental and affective components. Further, two essential conditions – fitness of personality and clear contract, which would determine when a positive or negative force would emerge in a guanxi – were identified.
Originality/value
The main contribution is that this paper clarifies the guanxi mechanism based upon one of the most significant Chinese cultures and mindsets. Or guanxi is viewed from a new perspective – how Taoism affects Chinese people’s perception and evaluation of guanxi. This paper also finds evidence for the main arguments based upon the two studies.
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Li Lin, Peter Ping Li and Hein Roelfsema
As the global presence of Chinese firms grows, increasing numbers of Chinese managers are working abroad as expatriates. However, little attention has been paid to such Chinese…
Abstract
Purpose
As the global presence of Chinese firms grows, increasing numbers of Chinese managers are working abroad as expatriates. However, little attention has been paid to such Chinese expatriate managers and their leadership challenges in an inter-cultural context, especially across a large cultural distance. To fill the gap in the literature concerning the leadership challenges for expatriate managers in an inter-cultural context, the purpose of this paper is to elucidate the leadership styles of Chinese expatriate managers from the perspectives of three traditional Chinese philosophies (i.e. Confucianism, Taoism, and Legalism) in the inter-cultural context of the Netherlands.
Design/methodology/approach
The data for this qualitative study were collected via semi-structured, open-ended, narrative interviews with 30 Chinese expatriate managers in the Netherlands.
Findings
The results clearly show that the leadership style of Chinese expatriate managers is deeply rooted in the three traditional Chinese philosophies of Confucianism, Taoism, and Legalism, even in an inter-cultural context. Specifically, the study reveals two salient aspects of how Chinese expatriate managers frame and interact with a foreign cultural context from the perspectives of traditional Chinese philosophies. First, the Chinese expatriate managers reported an initial cultural shock related to frictions between the foreign cultural context and Confucianism or Taoism, but less so in the case of Legalism. Second, the Chinese expatriate managers also reported that their interactions with the Dutch culture are best described as a balance between partial conflict and partial complementarity (thus, a duality). In this sense, the leadership style of Chinese expatriate managers is influenced jointly by the three traditional Chinese philosophies and certain elements of the foreign cultural context. This is consistent with the Chinese perspective of yin-yang balancing.
Originality/value
This study is among the first to offer a more nuanced and highly contextualized understanding of leadership in the unique case of expatriate managers from an emerging market (e.g. China) in an advanced economy (e.g. the Netherlands). The authors call for more research to apply the unique perspective of yin-yang balancing in an inter-cultural context. The authors posit that this approach represents the most salient implication of this study. For practical implications, the authors argue that expatriate leaders should carefully manage the interplay between their deep-rooted home-country philosophies and their salient host-country culture. Reflecting on traditional philosophies in another culture can facilitate inter-cultural leadership training for Chinese expatriates.
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In this chapter, the relationship between Taoist principles and the United Nations' initiative on harmony with nature is explored. This chapter discusses Taoism's teachings on the…
Abstract
In this chapter, the relationship between Taoist principles and the United Nations' initiative on harmony with nature is explored. This chapter discusses Taoism's teachings on the unity of man and nature, and how they have influenced the United Nations' programmes. Additionally, this chapter examines the Sustainable Development Goals's (SDG's) Pyramid, which draws connections between harmony and happiness, and how they align with Taoist ideals. The author emphasizes that Taoism and the SDGs share a common goal of promoting harmony and happiness. Taoism teaches that the natural world is a harmonious system that humans should strive to understand and respect. The United Nations' initiative on harmony with nature similarly emphasizes the importance of respecting the natural world and promoting sustainable practices. This chapter sheds light on the significant connections between Taoist principles and the United Nations' initiatives. It encourages readers to adopt a more holistic perspective on the relationship between humans and the natural world and to apply these principles in their daily lives.
In this chapter, the author provides a concise introduction to the 3C Model of Taoism in responsible management. The discussion delves into the fundamental concepts of sustainable…
Abstract
In this chapter, the author provides a concise introduction to the 3C Model of Taoism in responsible management. The discussion delves into the fundamental concepts of sustainable development, including the 3P Model (people, profit and planet), which represents the key dimensions of sustainable business development. Additionally, the relationship between the 3C Model and the 3P Model is examined, highlighting the interconnectedness of these frameworks. The 3C Model of Taoism encompasses compassion, conservation and compliance, which are integral components of responsible management. By integrating these principles into management practices, organizations can foster a more sustainable and ethical business environment. The chapter concludes with a compelling business story that demonstrates the application of Taoist principles in the establishment and growth of a successful firm in the United Kingdom. This real-life example illustrates the positive impact of incorporating the 3C Model of Taoism in management practices, leading to a sustainable business.
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The aim of the study is to assess the extent to which Taoist philosophy offers thematic and ethical insights relevant to current global crises, including climate change, food…
Abstract
Purpose
The aim of the study is to assess the extent to which Taoist philosophy offers thematic and ethical insights relevant to current global crises, including climate change, food insecurity, renewed conflict and increased authoritarianism.
Design/methodology/approach
A critical review of specific verses from the Tao Te Ching and research sources relevant to them is carried out.
Findings
Taoist philosophy, of ancient origins, is surprisingly relevant to modern crises. While not offering definitive answers, it does provide thematic and ethical insights for reorienting governance in more productive ways.
Originality/value
While there is a large literature on Taoist philosophy itself, there is a paucity of research articles on the modern relevance of Taoist philosophy to pressing current issues. The article brings together and assesses these sources, considering relevant research.
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