Transformation of State-owned Enterprises in China: A Strategic Action Model

2013 ◽  
Vol 9 (1) ◽  
pp. 53-86 ◽  
Author(s):  
Runtian Jing ◽  
E. Patrick McDermott
Keyword(s):  
Change Agents ◽  
Institutional Context ◽  
Strategic Action ◽  
Strategic Actions ◽  
Political Skills ◽  
Top Managers ◽  
Action Model ◽  
Interdependent Relationships ◽  
Level Of Aspiration

AbstractTransformation is a vital challenge for Chinese state-owned enterprises (SOEs) and their top managers. To explore this increasingly important topic, we first summarize the institutional context of SOE transformation and the conflicting interests and interdependent relationships of six major actors as inside/outside stakeholders. Based on the strategic action view of institutional analysis, we emphasize the role of the change agent's level of aspiration and political skills in transforming an SOE. Then, through inductive case studies on the transformation of three SOEs, we address how top managers, acting as change agents, can initiate and engage in institutional change through strategic actions such as negotiation, manipulation, and coercion; we also illustrate how they adopt different actions to influence different actors. Based on the inductive results, we develop a theoretical model, which we refer to as the ‘strategic action model’ that shows how the aspiration level, political skills, strategic actions, and change outcomes interrelate and offer insights into the strategic action of top managers as change agents. Our most important contribution is revealing the interplay between the proactive role of inside actors as change agents and the enabling condition of institutional context.

Energy Markets and Trading

2018 ◽  
Author(s):  
David Mares
Keyword(s):  
Fossil Fuels ◽  
Negative Impact ◽  
Adjustment Costs ◽  
Institutional Context ◽  
Energy Markets ◽  
Energy Resources ◽  
Trade Offs ◽  
The Social ◽  
Impact Risk

This chapter discusses the role of energy in economic development, the transformation of energy markets, trade in energy resources themselves, and the geopolitical dynamics that result. The transformation of energy markets and their expansion via trade can help or hinder development, depending on the processes behind them and how stakeholders interact. The availability of renewable, climate-friendly sources of energy, domestically and internationally, means that there is no inherent trade-off between economic growth and the use of fossil fuels. The existence of economic, political, social, and geopolitical adjustment costs means that the expansion of international energy markets to incorporate alternatives to oil and coal is a complex balance of environmental trade-offs with no solutions completely free of negative impact risk. An understanding of the supply of and demand for energy must incorporate the institutional context within which they occur, as well as the social and political dynamics of their setting.

scholarly journals EIMECA: A Proposal for a Model of Environmental Collective Action

2021 ◽  
Vol 13 (11) ◽  
pp. 5935
Author(s):  
Beatriz Carmona-Moya ◽  
Antonia Calvo-Salguero ◽  
María-del-Carmen Aguilar-Luzón
Keyword(s):  
Structural Equation Modeling ◽  
Collective Action ◽  
Research Agenda ◽  
Structural Equation ◽  
Equation Modeling ◽  
Environmental Identity ◽  
Group Efficacy ◽  
Action Model ◽  
Identity Model

The deterioration and destruction of the environment is becoming more and more considerable and greater efforts are needed to stop it. To accomplish this feat, all members of society must identify with solving environmental problems, environmental collective action being one of the most relevant means of doing so. From this perspective, the analysis of the psychosocial factors that lead to participation in environmental collective action emerges as a priority objective in the research agenda. Thus, the aim of this study is to examine the role of “environmental identity”, as conceptualized by Clayton, as a central axis for explaining environmental collective action. The inclusion of the latter in the theoretical framework of the SIMCA (social identity model of collective action) model gives rise to the model that we have called EIMECA (environmental identity model of environmental collective action). Two studies were conducted (344 and 720 participants, respectively), and structural equation modeling was used. The results reveal that environmental identity and a variety of negative emotional affects, as well as group efficacy, accompanied by hope for a simultaneous additive effect, are critical when it comes to predicting environmental collective action.

scholarly journals We Trust You! A Multilevel-Multireferent Model Based on Organizational Trust to Explain Performance

2021 ◽  
Vol 18 (8) ◽  
pp. 4241
Author(s):  
Marisa Salanova ◽  
Hedy Acosta Antognoni ◽  
Susana Llorens ◽  
Pascale Le Blanc
Keyword(s):  
Organizational Performance ◽  
Social Exchange ◽  
Social Exchange Theory ◽  
Organizational Trust ◽  
Organizational Practices ◽  
Return On Assets ◽  
Top Managers ◽  
Psychological Mechanism ◽  
And Performance

This study tests organizational trust as the psychosocial mechanism that explains how healthy organizational practices and team resources predict multilevel performance in organizations and teams, respectively. In our methodology, we collect data in a sample of 890 employees from 177 teams and their immediate supervisors from 31 Spanish companies. Our results from the multilevel analysis show two independent processes predicting organizational performance (return on assets, ROA) and performance ratings by immediate supervisors, operating at the organizational and team levels, respectively. We have found evidence for a theoretical and functional quasi-isomorphism. First, based on social exchange theory, we found evidence for our prediction that when organizations implement healthy practices and teams provide resources, employees trust their top managers (vertical trust) and coworkers (horizontal trust) and try to reciprocate these benefits by improving their performance. Second, (relationships among) constructs are similar at different levels of analysis, which may inform HRM officers and managers about which type of practices and resources can help to enhance trust and improve performance in organizations. The present study contributes to the scarce research on the role of trust at collective (i.e., organizational and team) levels as a psychological mechanism that explains how organizational practices and team resources are linked to organizational performance.

scholarly journals Analyzing Failed Institutional Change Attempts

2021 ◽  
pp. 106591292198944
Author(s):  
Sukriti Issar ◽  
Matthias Dilling
Keyword(s):  
Institutional Change ◽  
Comparative Politics ◽  
Change Agents ◽  
The United States ◽  
Coalition Building ◽  
Strategic Action ◽  
Formal Stability ◽  
Political Effects ◽  
Analytical Strategies ◽  
Empirical Regularity

Theoretical advances in the study of institutional change center around a productive paradox. While change agents can take strategic action to change institutions, institutions display a remarkable level of formal stability. From this paradox, we expect that attempts to change institutions are an empirical regularity and that many formal change attempts will fail. This article contributes to historical institutionalism by analyzing the political effects of failed formal institutional change attempts on institutional sequences. Failed institutional change attempts could be mere blips, having little effect on subsequent institutional trajectories, or even inoculate against future attempts. Failed attempts could also lay the ideational groundwork, aid in coalition building, and garner concessions for subsequent institutional change, or convince change agents to alter their strategy. The article suggests analytical strategies to assess the effects of failed institutional change attempts, drawing on examples from comparative politics and two extended case illustrations from Italian party politics and the Affordable Care Act in the United States.

Qualitative Characteristics of Financial Reporting and Non-Financial Business Performance

2017 ◽  
Vol 4 (2) ◽  
pp. 1-22 ◽  
Author(s):  
Ahmed Al-dmour ◽  
Maysem F Abbod ◽  
Hani H Al-dmour
Keyword(s):  
Financial Reporting ◽  
Structural Equation ◽  
Business Performance ◽  
Demographic Characteristics ◽  
Primary Data ◽  
Business Organizations ◽  
Top Managers ◽  
Type Size ◽  
Qualitative Characteristics

The purpose of this article is to examine empirically, validate, and predict the reliability of the proposed relationship between the qualitative characteristics of financial reporting and non-financial business performance via the moderating role of the organizational demographic characteristics (type, size and experience). The article is based on primary data collected through a structured questionnaire from 239 out 328 of shareholdings companies in Jordan, and the single key respondents approach was employed. The quality of financial reporting was conceptualized by the IASB's framework fundamental qualitative characteristics (2008). The data were analyzed using structural equation modelling. The results showed that the magnitude and significance of the loading estimate indicate that the qualitative characteristics of financial reporting (i.e., relevance, understandability, faithful representation, comparability and timeliness) are significantly influence the non-financial business performance and the variation of relationship could be due to the demographic characteristics of the organizations (type, size, and experience). The article has important implications for accounting managers, auditors and financial practitioners and top managers in the surveyed companies and in similar organizations. The authors believe that the decision-makers of business organizations could benefit from this study's findings with a better understanding of the importance of the qualitative characteristics of financial reporting as well as their relationship with non-financial business performance.

The role of top managers in determining investment in innovation: The case of small and medium-sized enterprises in India

2017 ◽  
Vol 35 (5) ◽  
pp. 618-638 ◽  
Author(s):  
Jamie D Collins ◽  
Christopher R Reutzel
Keyword(s):  
Entrepreneurial Orientation ◽  
Firm Investment ◽  
Environmental Munificence ◽  
Organizational Controls ◽  
Top Managers ◽  
Manager Perceptions ◽  
Top Manager ◽  
Survey Responses ◽  
Management Capabilities

This article examines the role of top managers in shaping the innovation investment actions of small and medium-sized enterprises (SMEs) in India. Survey responses from 477 top managers of Indian SMEs suggest that investment in innovation is influenced by top manager perceptions of innovation opportunity attractiveness, as well as ability to appropriate innovation investment value. Specifically, the results indicate an inverted U-shaped relationship between top manager entrepreneurial orientation and firm investment in innovation. They also suggest that top manager perceptions of environmental munificence, firm resource management capabilities, and organizational controls are positively related to firm investment in innovation.

Gentrification, displacement and the arts: Untangling the relationship between arts industries and place change

Urban Studies ◽  
2016 ◽  
Vol 55 (4) ◽  
pp. 807-825 ◽  
Author(s):  
Carl Grodach ◽  
Nicole Foster ◽  
James Murdoch
Keyword(s):  
Urban Policy ◽  
Statistical Study ◽  
Change Agents ◽  
Creative Industries ◽  
Standard Account ◽  
Clear Cut ◽  
The Arts ◽  
Neighbourhood Level ◽  
The Relationship

The arts have long played a role in debates around gentrification and displacement, yet their roles and impacts as change agents are not clear-cut. According to the standard account, artists facilitate gentrification and ultimately engender the displacement of lower income households, but more recent research complicates the accepted narrative. This article seeks to untangle the relationship between the arts, gentrification and displacement through a statistical study of neighbourhood-level arts industry activity within large US regions. The findings indicate that the standard arts-led gentrification narrative is too generalised or simply no longer applicable to contemporary arts-gentrification processes. Rather, the arts have multiple, even conflicting relationships with gentrification and displacement that depend on context and type of art. These results have important implications for how we study the role of the arts in neighbourhood change and for how governments approach the arts and creative industries in urban policy.

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