【工商论坛】NO.14:2017上海财经大学暑期战略管理研讨会

时间:2017年6月24日至6月25日

地点:上海市武东路100号上海财经大学

国际工商管理学院526室


DAY 1 (Saturday, 24 June)  


8:30–9:00

Registration

9:00–9:30

Opening Remarks

 

Paper Session I: International Business and Entrepreneurship


9:30–10:10

You invest and I get promoted: The Impact of Political Leaders on FDI Inflows in China (Danqing Wang, University of Hong Kong)

10:10–10:50

Board Embeddedness Across Country Experience-Based Social Subnetworks and Performance Implication of Internationalization (Zhengyu Li, Shanghai University of Finance and Economics)

10:50–11:20

Break

11:20–12:00

Research on Rural Entrepreneurship

(Jing Dong, Shanghai University of Finance and Economics)

12:00–13:30

Lunch 


Paper Session II: Governance


14:00–14:40

Nationalist Sentiments and MNE Responses (Xiaocong Tian, Shanghai University of Finance and Economics)

14:40– 15:20

Excess Control Rights and Corporate Misconduct in Chinese Family Firms

(Wei Shi, Indiana University)

15:20–16:00

Platform Gatekeeping Policy and Knowledge Sharing among Complementors

(Tony Tong, Purdue University)

16:00–16:30

Break


Paper Session III: CEO and Leader Effects


16:30– 17:10

CEO Job Satisfaction: A Study of Its Antecedents and Strategic Consequences in China (David Zhu, Arizona State University)

17:10 - 17:50

CEO Attributes and Firm Performance: A Multilevel Contingent Process View (Guoli Chen, INSEAD)

 

DAY 2 (Sunday, 25 June)


Research Idea Development Workshop (I)

9:00–9:15    

Introduction and group formation

9:15–9:45

How to develop research ideas (Tony Tong, Purdue University)

9:45 – 10:30

Group work on research idea development

10:30–11:00

Break

11:00– 12:00

Group work on research idea development (continued)

12:00–13:30

Lunch 


Research Idea Development Workshop (II)

13:30–15:35

Presentation and feedback (each team has 25 mins)

15:35–16:00

Break

16:00–16:45

Feedback internalization and research idea refinement   (incorporate the feedbacks to further polish research ideas)

17:00– 17:50

Final presentation (10 minutes for each team)

17:50–18:00

Best research idea voting and closing remarks


Appendix: Presentation Abstract


You invest and I get promoted: The Impact of Political Leaders on FDI Inflows in China

Danqing Wang

Recent studies have recognized local government’s differentiated efforts in making and implementing FDI promotion policies in explaining sub-national disparity of FDI inflows and performance. However, the role of political leaders who are in charge of initiating and formulating FDI-related polices has been largely neglected. Using the context of China from 2001-2013, where political leaders’ careers largely depend on local economic growth with the volume of FDI attracted as one of the crucial factors, the paper investigates how local leaders’ political incentives for promotion influence FDI flows to their regions; and how individual characteristics such as education credentials, political connections and closeness to retirement, shape the impact of political incentives. Furthermore, we also examine regional level conditions under which the FDI-linked incentive is stronger or weaker. This study makes contributions to the international business literature by highlighting the incentives and characteristics of the political leaders in driving FDI flows. It further makes theoretical contributions to institutional theories, in which the role of agents has been largely ignored. Taken together, by specifically examining the incentives of political leaders, this study provides a new mechanism on how the government influences the business sector.

 

Board Embeddedness Across Country Experience-Based Social Subnetworks and Performance Implication of Internationalization

Zhengyu Li

This study considers board embeddedness in country experience-based subnetworks within their social network. Experience-based subnetworks are differentiated according to the common experiences shared by the members in different countries. We argue that a balance of board embeddedness across such country experience-based subnetworks (i.e. similar tie strength between each subnetwork and the board) makes the relationship between internationalization and firm performance more positive by fostering knowledge collision in the process of forming corporate strategies on internationalization. However, the positive moderating effect of such balance declines as the status inequality increases among the subnetworks. Archival data of U.S. companies supports our arguments.

 

Jing Dong


Nationalist Sentiments and MNE Responses

Xiaocong Tian

Multinationals often pay close attention to host country legitimacy. Integrating literatures from communication and political sociology, this paper explores what rhetorical strategies multinationals enterprises (MNEs) can effectively adopt when nationalist sentiments are high after a national conflict occurs. We analyze social media textual data and develops two types of nationalist sentiments, namely expressive and instrumental nationalist sentiments. This paper demonstrates that when host country expressive nationalist sentiment is high, MNEs will have rhetorical focus on pro-social conducts and use more positive rhetorical tone. However, when host country instrumental nationalist sentiment is high, MNEs will be less likely to have rhetorical focus on pro-social conducts and use less positive rhetorical tone.

 

Excess Control Rights and Corporate Misconduct in Chinese Family Firms

Wei Shi

In many countries, some principals have excess control rights, where their votes exceed the number of shares they hold. Agency theorists widely criticize these arrangements as devaluing because they weight the interests of one principal over others. We uncover a missing element of agency theory’s recommendations, where excess control can benefit minority shareholders among family firms, because family owners are deeply concerned about protecting their socioemotional wealth. Corporate misconduct has lasting consequences that can damage the firm’s reputation and the founder’s legacy, thus reducing the family’s socioemotional wealth. As such, family owners use excess control as a mechanism to guard against corporate misconduct. We also theorize about some boundary conditions where family owners with excess control are especially likely to keep misconduct at bay. We argue that the relationship is strongest when the firm is particularly important to the family and when information asymmetry between managers and shareholders is low. Testing our ideas on data covering 1,129 publicly-traded family firms in China shows that results largely support our theory. Our study challenges agency theoretic recommendations about excess control rights, viewing them in a new way that incorporates their behavioral consequences.

 

Platform Gatekeeping Policy and Knowledge Sharing among Complementors

Tony Tong

Platform owners often emphasize the importance of growing complementor base, yet recent studies have shown that it could incur considerable costs. This paper examines how an exogenous deficiency of a gatekeeping policy and the resulted unmanaged growth of complementor base would affect complementor’s off-platform knowledge sharing behaviors, and proposes agatekeeping policy as an instrument to manage the growth of complementor base. We draw on the literature about platform complementor, the research about platform governance, and the literature on virtual community knowledge sharing to predict that a deficient gatekeeping policy may lead to a drop in complementors’ knowledge sharingefforts, both quantitatively and qualitatively. Using the jailbreak of iOS 7 as an exogenous shock and focusing on iOS and Android developers’knowledge sharing behaviors on StackOverflow.com and Reddit.com, we rely on a natural experiment to find causal evidence that is consistent with our predictions.

 

CEO Job Satisfaction: A Study of Its Antecedents and Strategic Consequences in China

David Zhu

Although there is an increasing interest in understanding how top executives influence organizations, surprisingly little research has examined one of the most important issues to top executives, namely their job satisfaction. Because job satisfaction is known to have major impacts on behavior and performance, we take an initial step in this study to systematically examine the antecedents of CEO’s job satisfaction and its implications for strategic decision making. Building on psychological theories on job satisfaction and management research on top executives, we propose that key determinants of CEO’s job satisfaction include the Big Five personalities and executive job demand. In addition, we explain why CEO’s job satisfaction positively influences innovation, strategic change, and firm performance. Using a large scale survey conducted with hundreds of top executives in China, we find considerable support for our theory. In explaining how CEO’s job satisfaction may influence major strategic outcomes and firm performance, our studycontributes to research on strategic leadership and strategic management. As scholars increasingly call for more studies that bring“people” back to strategy research, our study also responds to these calls by starting to examine an issue that is essentialto top executives, and hence opening doors for a new stream of management research.


CEO Attributes and Firm Performance: A Multilevel Contingent Process View

Guoli Chen

The field of management exists largely because of the premise that managers, especially top-level executives (e.g., CEOs), vary in effectiveness in ways that have consequences for firm performance. Published research linking CEO attributes to firm performance has increased ten-fold over the past two decades. This research reflects a diverse array of theoretical perspectives and has been reported in disparate sub-domains within the management field. We seek to bring coherence to this research by reviewing and integrating literature from various sub-domains to establish a multilevel contingent process understanding of what, why, and when CEO attributes impact firm performance. We then identify meaningful theoretical and methodological opportunities for research advancement.