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Article
Publication date: 4 December 2019

Haijie Huang, Changjiang Lyu and Xiaowen Zhu

The purpose of this paper is to study the effect of second generation involvement on corporate innovation in Chinese family firms.

Abstract

Purpose

The purpose of this paper is to study the effect of second generation involvement on corporate innovation in Chinese family firms.

Design/methodology/approach

Based on the manually collected sample of listed Chinese family firms from 2003 to 2014, the study empirically examines the impact of second generation involvement on corporate innovation. The authors apply a difference-in-differences research design and a Heckman two-stage least squares regression to relieve the endogeneity concerns.

Findings

The research finds a positive relationship between second generation involvement and corporate innovation. This effect is more pronounced among the firms appointing second generation family members with overseas training experience and firms with weak external monitoring. Further analysis shows that the curtailment of related party transactions and the improvement of accounting information quality are important channels.

Practical implications

The findings provide several practical implications for Chinese family firms to survive the succession process and maintain competitive advantages across generations.

Originality/value

First, this study is helpful to understand the strategies adopted by family firms to maintain their long-term competitiveness and pursue continuing growth across generations. Second, the findings are also consistent with the transfer cost hypothesis of Fan et al. (2012) and Bennedsen et al. (2015). Finally, the findings imply that second generation involvement has a substitutive effect for external monitoring mechanisms.

Details

Nankai Business Review International, vol. 10 no. 4
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 12 November 2020

Xiaowen Zhu, Wei Ren, Qiang Chen and Richard Evans

The use of consumer credit by Chinese citizens has risen rapidly in the Internet era. The purpose of this paper is to predict a mechanism for credit consumption through Internet…

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Abstract

Purpose

The use of consumer credit by Chinese citizens has risen rapidly in the Internet era. The purpose of this paper is to predict a mechanism for credit consumption through Internet usage, with social comparison and materialism as mediators. Four types of Internet usage (social use, entertainment use, informational use, and online shopping) were identified to investigate whether different types of Internet usage influence credit consumption differently and whether the influencing mechanisms vary.

Design/methodology/approach

A structured online survey involving 558 valid responses from Chinese college students was completed, with structural equation modeling being applied to analyze the collected data.

Findings

Among the four types of Internet activities, online shopping was found to be the most significant predictor of credit consumption; results show that it influences credit consumption through two indirect pathways: materialism and a combination of social comparison and materialism. Social use was found to only affect credit consumption through materialism. In contrast, the influences of both informational use and entertainment use on credit consumption were insignificant.

Originality/value

By testing the concurrent mediating effects of social comparison and materialism, this study broadens our understanding of how Internet usage and credit consumption are connected. While most studies empirically test overall Internet usage and focus on direct relationships, we identify four types of Internet activities and demonstrate the mechanisms by which different types of Internet usage influence credit consumption, and how consumption varies based on Internet activity.

Details

Internet Research, vol. 31 no. 3
Type: Research Article
ISSN: 1066-2243

Keywords

Article
Publication date: 3 July 2020

Tai-Yee Wu, Xiaowen Xu and David Atkin

This study integrates the spiral of silence (SoS) theory and theory of planned behavior (TPB) by examining Facebook users' opinion expression avoidance, the reactions to…

Abstract

Purpose

This study integrates the spiral of silence (SoS) theory and theory of planned behavior (TPB) by examining Facebook users' opinion expression avoidance, the reactions to dissenting views without revealing one's true opinion, in the context of political discussions. The present integrative approach provides a more comprehensive framework that expands our understanding of online opinion expression and withdrawal.

Design/methodology/approach

A cross-sectional online survey was employed, which rendered 348 valid responses from US college students (61.5% female; average age 19.11) recruited from a northeastern university.

Findings

The results categorized two sets of opinion avoidance strategies from six Facebook features. The intention to adopt “proactive avoidance strategies” (filtering out unwanted information) is positively related to descriptive norms and perceived self-efficacy, but negatively related to fear of isolation and perceived control of the urge to debate. Regarding the intention to employ “reactive avoidance strategies” (less obtrusive articulations), fear of isolation and attitudes toward opinion expression avoidance are positive determinants, whereas perceived control of the urge to debate again exerts a negative influence.

Originality/value

This study examines the growing variety of features that users adopt to avoid expressing their true opinion in reacting to dissenting views, updating our understanding of opinion circumvention in social media environment. As one of the few theoretically driven empirical investigations of SoS theory and TPB, the findings not only elucidate the significance of perceived behavioral control as the common ground in association with user adoption intention but also identify distinct qualities of the two sets of strategies that affect the likelihood of adoption. That is, proactive avoidance is more susceptible to normative influences, while reactive avoidance reflects user attitude and belief. This theoretical integration also helps identify diverse levels of intentions to strategically avoid opinion expression influenced by fear of isolation.

Details

Internet Research, vol. 30 no. 6
Type: Research Article
ISSN: 1066-2243

Keywords

Article
Publication date: 12 July 2019

Xiaowen Tian and Xiaoxuan Zhai

The purpose of this paper is to relate participative decision-making (PDM) to organizational learning, and examine the impact of PDM on organizational performance.

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Abstract

Purpose

The purpose of this paper is to relate participative decision-making (PDM) to organizational learning, and examine the impact of PDM on organizational performance.

Design/methodology/approach

The paper integrates the resource-based theory with organizational learning theory to develop a framework, and distinguishes PDM in which decisions are jointly made by employees and managers from employee decision-making (EDM) in which decisions are completely in the hands of employees. The paper incorporates an augmented Cobb–Douglass production function into a structural equation model to estimate the performance impact of PDM and EDM.

Findings

The paper tests the framework against firm-level data form China, and finds that PDM provides an opportunity for collective learning, and has a positive relationship with productivity-based profit gains; the positive relationship is stronger in firms whose management has greater accumulated knowledge and experience; EDM fails to provide an opportunity for collective learning, and has a negative relationship with productivity-based profit gains.

Originality/value

Prior research focused on the role of PDM in enhancing the motivation and performance of individual employees, considered the degree of employee involvement as a continuum with the highest being decision-making “completely in the hands of employees,” and concluded that the more involved are employees in decision-making the better. This paper relates PDM to organizational performance, and challenges this conventional view from an organizational learning perspective.

Details

International Journal of Manpower, vol. 40 no. 4
Type: Research Article
ISSN: 0143-7720

Keywords

Article
Publication date: 2 May 2024

Song Tang, Xiaowen Chen, Defen Zhang, Wanlin Xie, Qingzheng Ran, Bin Luo, Han Luo and Junwei Yang

The purpose of this study is to investigate the influence of varying concentrations of nano-SiO2 particle doping on the structure and properties of the micro-arc oxidation (MAO…

Abstract

Purpose

The purpose of this study is to investigate the influence of varying concentrations of nano-SiO2 particle doping on the structure and properties of the micro-arc oxidation (MAO) coating of 7075 aluminum alloy. This research aims to provide novel insights and methodologies for the surface treatment and protection of 7075 aluminum alloy.

Design/methodology/approach

The surface morphology of the MAO coating was characterized using scanning electron microscope. Energy spectrometer was used to characterize the elemental content and distribution on the surface and cross section of the MAO coating. The phase composition of the MAO coating was characterized using X-ray diffractometer. The corrosion resistance of the MAO coating was characterized using an electrochemical workstation.

Findings

The results showed that when the addition of nano-SiO2 particles is 3 g/L, the corrosion resistance is optimal.

Originality/value

This study investigated the influence of different concentrations of nano-SiO2 particles on the structure and properties of the MAO coating of 7075 aluminum alloy.

Details

Anti-Corrosion Methods and Materials, vol. 71 no. 5
Type: Research Article
ISSN: 0003-5599

Keywords

Content available
Article
Publication date: 9 June 2021

Tomoya Kawasaki, Takuma Matsuda, Yui-yip Lau and Xiaowen Fu

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container…

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Abstract

Purpose

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container shipping demand on major routes such as those from East Asia to the USA, the duration of such indicators’ effects on container movement demand have not been systematically examined. To bridge this gap in research, this study aims to identify the important US economic indicators that significantly affect the volume of container movements and empirically reveal the duration of such impacts.

Design/methodology/approach

The durability of economic indicators on container movements is identified by a vector autoregression (VAR) model using monthly-based time-series data. In the VAR model, this paper can analyze the effect of economic indicators at t-k on container movement at time t. In the model, this paper considers nine US economic indicators as explanatory variables that are likely to affect container movements. Time-series data are used for 228 months from January 2001 to December 2019.

Findings

In the mainland China route, “building permission” receives high impact and has a duration of 14 months, reflecting the fact that China exports a high volume of housing-related goods to the USA. Regarding the South Korea and Japan routes, where high volumes of machinery goods are exported to the USA, the “index of industrial production” receives a high impact with 11 and 13 months’ duration, respectively. On the Taiwan route, as several types of goods are transported with significant shares, “building permits” and “index of industrial production” have important effects.

Originality/value

Freight demand forecasting for bulk cargo is a popular research field because of the public availability of several time-series data. However, no study to date has measured the impact and durability of economic indicators on container movement. To bridge the gap in the literature in terms of the impact of economic indicators and their durability, this paper developed a time-series model of the container movement from East Asia to the USA.

Details

Maritime Business Review, vol. 7 no. 4
Type: Research Article
ISSN: 2397-3757

Keywords

Article
Publication date: 16 July 2024

Yang Liu, Kangyin Dong, Kun Wang, Xiaowen Fu and Farhad Taghizadeh-Hesary

The purpose of this study is to examine the impact of green bonds on common prosperity in China. Green bonds have gained significant attention as a means to address financial…

Abstract

Purpose

The purpose of this study is to examine the impact of green bonds on common prosperity in China. Green bonds have gained significant attention as a means to address financial challenges and promote environmental protection. This research aims to investigate the influence of green bonds on common prosperity by utilizing the system-generalized method of moments (SYS-GMM) and analyzing panel data from prefecture-level cities. The study also explores the theoretical mechanisms and heterogeneous relationships between green bonds and common prosperity, providing valuable guidance for advancing economic and social well-being in China.

Design/methodology/approach

This study employs a system-generalized method of moments (SYS-GMM) as the methodology to investigate the influence of green bonds on common prosperity in China. Panel data from prefecture-level cities for the period 2014 to 2020 are utilized for analysis. The SYS-GMM approach allows for the examination of dynamic relationships and control of endogeneity issues. By utilizing this methodology, the study aims to provide robust and reliable findings on the impact of green bonds on common prosperity, considering the specific context of China's ecological civilization development and financial challenges faced by energy-saving and environmental protection enterprises.

Findings

The findings of this research indicate several important outcomes. Firstly, common prosperity in China experienced substantial growth between 2014 and 2020. Secondly, green bonds have demonstrated a clear and positive impact on common prosperity. They contribute to the enhancement of common prosperity by driving industrial structure upgrading and fostering green technology innovation. Lastly, the study reveals that the positive influence of green bonds on common prosperity is particularly pronounced in the western region of China. These findings highlight the significance of green bonds in promoting sustainable economic development and societal well-being.

Originality/value

This study contributes to the existing literature by examining the impact of green bonds on common prosperity in China, utilizing the system-generalized method of moments (SYS-GMM) and panel data analysis. The research not only adds to the understanding of the relationship between green bonds and economic well-being but also provides insights into the theoretical mechanisms and heterogeneous relationships involved. The findings showcase the positive influence of green bonds on common prosperity, emphasizing their role in addressing financial challenges, promoting environmental protection, and driving sustainable development. The study's conclusions offer valuable guidance for policymakers, financial institutions, and stakeholders in advancing common prosperity in China.

Details

The Journal of Risk Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1526-5943

Keywords

Article
Publication date: 16 February 2024

Xiaowen Chen, Wanlin Xie, Song Tang, Meng Zhang, Hao Song, Qingzheng Ran and Defen Zhang

The purpose of this study is to examine the impact of MoS2 on the microstructure and characteristics of micro-arc oxidized (MAO) ceramic coatings created on ZK60 magnesium alloy…

Abstract

Purpose

The purpose of this study is to examine the impact of MoS2 on the microstructure and characteristics of micro-arc oxidized (MAO) ceramic coatings created on ZK60 magnesium alloy through the addition of varying concentrations of MoS2 particles to the electrolyte, aiming to enhance the corrosion resistance of magnesium alloy.

Design/methodology/approach

The surface morphology, roughness and phase composition of the coatings were analyzed using scanning electron microscopy, a hand-held roughness tester and an X-ray diffractometer, respectively, and the corrosion resistance of the MAO coatings prepared by the addition of different contents of MoS2 particles was tested and analyzed using an electrochemical workstation.

Findings

The results demonstrate that MoS2/MgO composite coatings have been successfully prepared on the surface of magnesium alloys through micro-arc oxidation. Furthermore, the corrosion resistance of the ZK60 magnesium alloy prepared with the addition of 1.0 g/L MoS2 was the best compared to the other samples.

Originality/value

MoS2 particles were able to penetrate the coatings successfully during the micro-arc oxidation process, acting as a barrier in the micropores to prevent the corrosion medium from touching the surface, thus improving the corrosion resistance of the sample. The electrochemical workstation was used to study the corrosion resistance of the MoS2/MAO coating on the ZK60 magnesium alloy.

Details

Anti-Corrosion Methods and Materials, vol. 71 no. 2
Type: Research Article
ISSN: 0003-5599

Keywords

Article
Publication date: 30 August 2022

Xiaowen Wei and Xiangsheng Dou

Appropriate disposal of end-of-life (EOL) electric vehicle battery (EVB) requires new method of supply chain management (SCM) toward sustainability. Sustainable supply chain…

Abstract

Purpose

Appropriate disposal of end-of-life (EOL) electric vehicle battery (EVB) requires new method of supply chain management (SCM) toward sustainability. Sustainable supply chain finance (SSCF) is an innovative managerial practice dedicated to release cash flow pressure and improve operational efficiency in supply chain, which has drawn increasing attentions from academia and industry. There has been few researches on the integration of EOL EVB management and SSCF yet. The paper aims to fulfill this research gap and lead to the conjunction of environmental management with economic and social concerns.

Design/methodology/approach

The paper conducts a systematic literature review to discuss the probable SSCF adoption on potential market of EOL EVB disposal.

Findings

The results indicate unsustainable factors and potentials to be explored in current market of EOL EVB disposal. As a solution of sustainable SCM, SSCF can ease the tension between the urgent need of EOL EVB disposal and financing problems in the supply chain, strengthening competitive advantages of EV industry.

Originality/value

The significance of this paper lies in offering an interdisciplinary view by drawing upon key perspectives from the emerging sustainable technology of EVB disposal and its underlying battery second use (B2U) market considering SSCF.

Details

Management of Environmental Quality: An International Journal, vol. 34 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

Open Access
Article
Publication date: 22 November 2022

Chunlan Li, Xinwu Xu, Hongyu Du, Debin Du, Walter Leal Filho, Jun Wang, Gang Bao, Xiaowen Ji, Shan Yin, Yuhai Bao and Hossein Azadi

The paper aims to investigate the possible changes in mean temperature in the Mongolian Plateau associated with the 1.5 and 2°C global warming targets and how snow changes in the…

Abstract

Purpose

The paper aims to investigate the possible changes in mean temperature in the Mongolian Plateau associated with the 1.5 and 2°C global warming targets and how snow changes in the Mongolian Plateau when the mean global warming is well below 2°C or limited to 1.5°C.

Design/methodology/approach

In total, 30 model simulations of consecutive temperature and precipitation days from Coupled Model Inter-comparison Project Phase 5 (CMIP5) are assessed in comparison with the 111 meteorological monitoring stations from 1961–2005. Multi-model ensemble and model relative error were used to evaluate the performance of CMIP5 models. Slope and the Mann–Kendall test were used to analyze the magnitude of the trends and evaluate the significance of trends of snow depth (SD) from 1981 to 2014 in the Mongolian Plateau.

Findings

Some models perform well, even better than the majority (80%) of the models over the Mongolian Plateau, particularly HadGEM2-CC, CMCC-CM, BNU-ESM and GFDL-ESM2M, which simulate best in consecutive dry days (CDD), consecutive wet days (CWD), cold spell duration indicator (CSDI) and warm spell duration indicator (WSDI), respectively. Emphasis zones of WSDI on SD were deeply analysed in the 1.5 and 2 °C global warming period above pre-industrial conditions, because it alone has a significant negative relation with SD among the four indices. It is warmer than before in the Mongolian Plateau, particularly in the southern part of the Mongolian Plateau, indicating less SD.

Originality/value

Providing climate extremes and SD data sets with different spatial-temporal scales over the Mongolian Plateau. Zoning SD potential risk areas and proposing adaptations to promote regional sustainable development.

Details

International Journal of Climate Change Strategies and Management, vol. 14 no. 5
Type: Research Article
ISSN: 1756-8692

Keywords

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