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Switch to: References
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Research based on the behavioral theory of the firm (BTOF) argues that firms will actively adopt strategic actions to respond to performance that falls below aspirations, that is performance shortfalls. However, most previous studies have focused on market-related strategic actions, paying less attention to the impact of performance shortfalls on non-market-related strategic actions, especially corporate social responsibility (CSR) and corporate social irresponsibility (CSI). In this study, we propose that firms facing performance shortfalls are likely to reduce CSR levels and increase (...) |
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Extant research concludes that family firms are less likely to bribe due to reputation concerns. However, such conclusions are, to a certain extent, inconsistent with the intuition and observation that some family firms can be aggressive bribers. This study employs a restricted-extended framework of socioemotional wealth model to reconcile this inconsistency. We propose family management, on the one hand, results in reputation preservation willingness; while on the other hand, results in an abuse of trust between family members and superior ability (...) |
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Business Ethics, the Environment &Responsibility, Volume 31, Issue 3, Page 662-681, July 2022. |
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While China has experienced an unprecedented growth over the past decades, sustainability has become a major concern for policymakers and management practitioners. Consideration has been given to the convergence of mass entrepreneurship and innovation as a new economic driver and sustainability as a long-term economic objective. The focus of China’s economic development has moved from a resource-based expansion to a more entrepreneurial and socially responsible one. This is a timely and critical topic that captures the increasing concerns over sustainability and (...) |
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While past studies have enriched our understanding of the impact of returnee executives on firm market strategy and outcomes, we know relatively little about the relationship between returnee executives and firm nonmarket strategies. Grounded in upper echelons theory, this study explores the relationship between returnee executives and corporate philanthropy, the latter of which is an important nonmarket strategy in emerging economies such as China. Using data on publicly listed Chinese companies from 2010 to 2017, we find that the proportion of (...) |
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