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1 – 10 of over 31000David E. Cavazos, Karen D.W. Patterson and Mathew A. Rutherford
This study aims to examine conditions in which firm political market performance is associated with firm efforts to influence regulatory outcomes. Applying measures of political…
Abstract
Purpose
This study aims to examine conditions in which firm political market performance is associated with firm efforts to influence regulatory outcomes. Applying measures of political market performance based on firm performance in government enforcement actions and a firm’s ability to obtain favorable political outcomes, the authors make the case that political market performance is a key part of competitive political markets, which is associated with particular types of firm efforts to influence policy.
Design/methodology/approach
Longitudinal examination of nine automobile manufacturers during National Highway Traffic and Safety Administration crash tests reveals that firm performance in government enforcement activities is associated with greater efforts to cooperate with political suppliers, while declining firm performance in efforts to influence political outcomes is associated with increased firm opposition to political supplier actions.
Findings
Firm performance in government enforcement activities is associated with greater efforts to cooperate with political suppliers, while declining firm performance in efforts to influence political outcomes is associated with increased firm opposition to political supplier actions.
Research limitations/implications
Performance in regulatory enforcement results in increased firm actions to engage regulators in the policy-making process, while performance in obtaining desired policy outcomes is associated with a greater focus on opposition to proposed standards. These results suggest that political demanders can take deliberate actions to either engage or oppose supplier actions based on political market performance.
Originality/value
The primary contribution of this research is to begin to examine the implications of performance dynamics within political markets. Adding the construct of political market performance to the political markets framework reveals that variations in political market performance can be associated with specific types of corporate political activity.
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David E. Cavazos and Matthew Rutherford
The purpose of this paper is to apply firm aspiration theory to explore how firms respond to government product ratings.
Abstract
Purpose
The purpose of this paper is to apply firm aspiration theory to explore how firms respond to government product ratings.
Design/methodology/approach
Longitudinal examination of nine automobile manufacturers during National Highway Traffic and Safety Administration crash tests in the USA.
Findings
Firms take specific external actions to influence the political mechanisms that support ranking schemes when product ratings are below those of rivals and when previously highly rated products decline. In addition, firms receiving rankings above those of their competitors are found to be less likely to take such action, even when their overall ratings declined. Similarly, firms seeing improvements in previously low-rated products will take fewer actions aimed at influencing the political mechanisms that support rating schemes.
Originality/value
The primary contribution of this research is in establishing when firm product ratings will result in actions to influence external ratings criteria. Previous research has shown that firms respond to organizational ratings by taking action aimed at improving subsequent performance. The current research builds on such work by applying aspiration theory in an effort to predict and explain when and why certain ratings will attract firm attention to the external mechanisms that support such ratings.
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Market transition theory has specified general mechanisms to explain change in the balance of power between political and economic actors in transition economies. These mechanisms…
Abstract
Market transition theory has specified general mechanisms to explain change in the balance of power between political and economic actors in transition economies. These mechanisms drive the endogenous construction of informal institutions of a market society; moreover, it is within the context of an ongoing change in relative power that the formal institutions of the emerging market economy arise. The theory makes clear predictions on the declining value of political capital as a consequence of progressive marketization, which incrementally results in transformative change in the direction of more relative autonomy between the political and economic spheres, not dissimilar from established market economies (Kornai, 1995; Evans, 1995; Nee, 2000; Lindenberg, 2000; Ricketts, 2000). In sum, the predicted change in relative power between redistributors and producers explains not only bottom-up entrepreneurial activity, but also the emergence of a market economy in departures from state socialism.
Leon C. Prieto, Simone T. A. Phipps, Lemaro R. Thompson and Xavier A. Smith
This paper aims to depict the pivotal role played by Rose Schneiderman and Frances Perkins in early twentieth-century labor and safety reform in the USA. The paper also examines…
Abstract
Purpose
This paper aims to depict the pivotal role played by Rose Schneiderman and Frances Perkins in early twentieth-century labor and safety reform in the USA. The paper also examines the contributions made by these notable women through the lens of stakeholder theory and the feminist ethic of care.
Design/methodology/approach
The review process commenced with a comprehensive search for women in history who advocated labor and safety reform and campaigned for safer organizational practices in the workplace. History books, academic journals and newspaper articles, including writings from Schneiderman and Perkins, were the main sources used for this research endeavor.
Findings
Schneiderman and Perkins were both instrumental in playing a major role in fighting for labor and safety reform in the early twentieth century, albeit in different ways. Through their work, there was a heightened understanding of organizations’ duties and obligations to their stakeholders and, in particular, to their employees. They also embodied the feminist ethic of care by being attentive to the needs of others, accepting responsibility and demonstrating competence, while being responsive to their needs.
Originality/value
The influential women in management history are often given scant recognition or not recognized at all. This article highlights the contributions of two women who greatly impacted labor and safety through their struggle for the improvement of working conditions in the USA. The originality of this manuscript also lies in the ethical perspective in which it is grounded.
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This book is a policy proposal aimed at the democratic left. It is concerned with gradual but radical reform of the socio‐economic system. An integrated policy of industrial and…
Abstract
This book is a policy proposal aimed at the democratic left. It is concerned with gradual but radical reform of the socio‐economic system. An integrated policy of industrial and economic democracy, which centres around the establishment of a new sector of employee‐controlled enterprises, is presented. The proposal would retain the mix‐ed economy, but transform it into a much better “mixture”, with increased employee‐power in all sectors. While there is much of enduring value in our liberal western way of life, gross inequalities of wealth and power persist in our society.
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Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of…
Abstract
In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.
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This study reviewed a body of empirical research on Carole Pateman's democratic spillover thesis, which argues that democratic participation in the workplace spill over into…
Abstract
This study reviewed a body of empirical research on Carole Pateman's democratic spillover thesis, which argues that democratic participation in the workplace spill over into political participation. The review revealed significant variance in defining and measuring of workplace democracy and participation among quantitative empirical studies on the spillover thesis. The review also discovered that majority of the reviewed studies omitted higher level participation as a predictor, and political efficacy, which is a mediating mechanism between workplace participation and political behaviors, in testing the hypotheses. Suggestions for future research and limitations are discussed.
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Alfredo Jiménez, Secil Bayraktar, Jeoung Yul Lee and Seong-Jin Choi
This paper aims to investigate the multi-faceted impact of host country risks on the success of private participation in infrastructure projects. The authors make a distinction…
Abstract
Purpose
This paper aims to investigate the multi-faceted impact of host country risks on the success of private participation in infrastructure projects. The authors make a distinction between exogenous and endogenous risks, differentiating those that are completely beyond the control of the firm from those in which firms might exert some degree of influence to reduce the negative repercussions.
Design/methodology/approach
Drawing on logistic regression analyses, the authors analyze a sample of 10,350 private participation in infrastructure projects in 126 countries from 1997 to 2014.
Findings
The authors find that higher levels of exogenous risk are associated with a lower probability of project success, whereas they find no significant effect for endogenous risk.
Originality/value
By pointing to this differential effect, this study makes a contribution to the current debate in the literature on private participation projects.
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Ting Ren and Zheng Wang
This paper proposes an examination of the relationship between female participation in top management teams and firm performance in the emerging Chinese private economy. It aims…
Abstract
Purpose
This paper proposes an examination of the relationship between female participation in top management teams and firm performance in the emerging Chinese private economy. It aims to examine the direct link between female participation in top management teams and firm performance. This is examined in the context of human capital and social capital associated with female top executives to investigate the origins and the contingencies of the linkage.
Design/methodology/approach
Drawing on resource dependence theory, the study develops and tests a set of hypotheses regarding the key relationships, using the data of listed private‐owned companies in China's security exchanges in 2008, with critical information on financial performance, corporate governance structure and the top management team composition of the companies. Regression analyses are conducted to test the direct relationship and the moderating effects.
Findings
The empirical analysis supports a positive relationship between the degree of female participation and firm performance in Chinese privately owned companies. The positive relationship is further strengthened by female top executives' human capital and social capital, consistent with the hypotheses.
Research limitations/implications
The present study gains consistent results with research conducted in the Western context, suggesting that the top management behavior of Chinese private enterprises is similar to that of their Western counterparts, possibly due to the fact that they are less influenced by direct governmental control and are more profit‐driven than state‐owned companies.
Practical implications
The results of the study suggest that Chinese private companies can gain competitive advantages through identifying, attracting, and developing female managerial talents. And the female executives in the new era should be ones with systematic education and strong social connections. Both factors facilitate female executives to contribute better to their companies' performance.
Originality/value
The contribution of the present study is twofold. First, drawing on extant literature in the Western business context, the present study is the first to examine how female participation in top management influences firm performance in the context of the Chinese private sector, which contributes to the understanding of and offers insights to Chinese managerial practices. Second, the study enriches the extant literature by examining the moderating effects of female executives' human and social capitals.
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