Relationship between microlevel social ties and macrolevel firm performance: A social capital perspective

2020 ◽  
Author(s):  
Xuzhuo Liang ◽  
Yunqing Liu ◽  
Min Wang ◽  
Jianchang Fan
Keyword(s):  
Firm Performance ◽  
Organizational Performance ◽  
Social Ties ◽  
Resource Acquisition ◽  
Future Research ◽  
Personality Factors ◽  
Performance Study ◽  
Economic Activities ◽  
Top Managers ◽  
The Social

Although several researchers have emphasized that top managers’ social ties influence firms’ economic activities, the links between microlevel personality factors and organization-level outcomes remain unclear. We examined how the social ties of top managers affect firm performance through the mediating mechanism of resource acquisition. We surveyed 253 top managers from Chinese firms and found that the social ties of top managers facilitated resource acquisition, which was, in turn, beneficial for firm performance. These findings indicate that the social ties of top managers play an important role in firms’ activities, particularly resource acquisition and organizational performance. Study limitations are discussed and directions for future research are presented.

scholarly journals The Effect of TQM on firm Performance: Empirical Study in Jordanian Private Airlines

2018 ◽  
Vol 12 (9) ◽  
pp. 140
Author(s):  
Adnan M. Rawashdeh
Keyword(s):  
Firm Performance ◽  
Quality Management ◽  
Total Quality Management ◽  
Organizational Performance ◽  
Performance Measures ◽  
Management Practices ◽  
Future Research ◽  
Total Quality ◽  
Quality Management Practices ◽  
And Performance

The purpose of this study was to explre the relationship between total quality management and firm performance, i.e. quality, business and organizational performance in Jordanian private airlines. The design of this study has a quantitative approach. Data was obtained by questionnaire instrument. The respondents of this study are all employees in quality department, maintenance department, human resource department, and operation department. The number of population was 480 employees. Random sampling was used in the study. 340 completed questionnaires were analyzed as a final sample. Three hypotheses have been developed through literature review and tested using descriptive statistical analysis performed by SPSS. The results show that total quality management practices have a positive and significant impact on business, quality, and organizational performance in Jordanian private airlines. The study reports that effective implementation of total quality management practices results in enhancing airline performance. The major limitation of this study is that the study asked for perceived data about actual TQM practices and performance measures, but the respondents might have given desired data, which made their companies sound good, most of the respondents were non managers and from different departments in addition to the quality department, who might not understand to answer the questions accurately. Another limitation was that business performance tenets were measured by using one question per each tenet. Future research may investigate those TQM practices and performance measures in another Jordanian industry.

Unmasking the Social Ghost in the Machine: How the Need to Belong and Family Business Potency Affect Family Firm Performance

2020 ◽  
Vol 33 (4) ◽  
pp. 351-371
Author(s):  
Nastaran Simarasl ◽  
David S. Jiang ◽  
Franz W. Kellermanns ◽  
Bart J. Debicki
Keyword(s):  
Firm Performance ◽  
Family Business ◽  
Family Cohesion ◽  
Family Firms ◽  
Firm Heterogeneity ◽  
Psychological Research ◽  
Family Firm ◽  
Future Research ◽  
Need To Belong ◽  
The Social

Research often assumes that a controlling family’s social bonds contributes to superior firm performance. However, there is little theory to address these relationships and findings are often mixed. Here, we integrate resource-based and need-to-belong theories to address these issues, introducing family business potency as a key mediating variable between family cohesion, participative strategy processes, and firm performance in 109 family firms. Altogether, our study answers ongoing theoretical calls for more need-based psychological research in family firms, introduces family business potency to the literature, and contributes to research on family firm heterogeneity. Implications for future research and practice are also discussed.

The effect of organizational learning and Web 2.0 on innovation

2015 ◽  
Vol 53 (9) ◽  
pp. 2060-2072 ◽  
Author(s):  
Shouzhen Zeng ◽  
Joaquin Gonzalez ◽  
Clemente Lobato
Keyword(s):  
Organizational Learning ◽  
Firm Performance ◽  
Web 2.0 ◽  
Competitive Advantage ◽  
Organizational Performance ◽  
Structural Equation ◽  
Hotel Industry ◽  
Sustainable Competitive Advantage ◽  
Content Type ◽  
Top Managers

Purpose – The purpose of this paper is to analyse the relationships between Web 2.0 adoption, innovation, organizational learning and organizational performance in the hotel industry. Design/methodology/approach – A sample of four and five-star hotels provides the data. The fieldwork took place between February and June 2013. The questionnaire was sent to top managers of Chinese hospitality firms that provide their e-mail addresses on the main Chinese tourism web pages. The final sample comprises 278 hotels. This percentage of responses yields a sample error of 6.9 per cent for a 95 per cent confidence level. The authors followed a two-step approach for structural equation modelling, using EQS 5.7 software to conduct the tests. Findings – Results suggest that competitive advantage in the hotel industry requires firm strategies focusing on Web 2.0, innovation capacity and organizational learning. This finding contributes to the strategic management field by offering an explanation of the differences in firm performance within a particular industry. Therefore, the findings mark an important contribution to the literature, introducing a new variable that mediates the relationship between Web 2.0 and firm performance. Originality/value – The results hold that Web 2.0 adoption is crucial for enhancing innovativeness, which is a fundamental source of sustainable competitive advantage. In addition, organizational learning also has a positive effect on innovativeness. Innovation, which is the essence of competitive advantage, is a key concept for firms nowadays.

DOES PERCEPTUAL ACUITY MATTER? — AN INVESTIGATION OF ENTREPRENEURIAL ORIENTATION, PERCEPTUAL ACUITY, AND FIRM PERFORMANCE

2009 ◽  
Vol 17 (01) ◽  
pp. 79-102 ◽  
Author(s):  
ZHI TANG ◽  
SANDRA ROTHENBERG
Keyword(s):  
Firm Performance ◽  
Organizational Performance ◽  
Organizational Effectiveness ◽  
Entrepreneurial Orientation ◽  
Environmental Changes ◽  
Management Research ◽  
Top Managers ◽  
Accurate Perception ◽  
Perceptual Mode ◽  
Perceptual Acuity

One critical proposition in normative strategic management research is that an accurate perception of the environment by top managers is a prerequisite to attaining better organizational performance. However, recent entrepreneurship studies suggest that entrepreneurs are often leading or even causing environmental changes, and thus they may perceive greater industrial instability than there actually is. In this project, we examine if an over-perception of industrial instability exists among entrepreneurs. If it does, which perceptual mode (accurate perception versus over-perception) will benefit firm performance? We conducted the study in a highly volatile environment — China — and found that entrepreneurial orientation (EO) had an inverse U-shape relationship with perceptual acuity of industrial instability, indicating that a greater level of EO indeed led to an over-perception of industrial instability. However, we found that although perceptual acuity of industrial instability improved firm sales, it was negatively associated with organizational effectiveness evaluated by top managers. Additional analyses were conducted and implications were provided in the end.

Getting inside the black box

2014 ◽  
Vol 43 (4) ◽  
pp. 490-514 ◽  
Author(s):  
Nizar Mansour ◽  
Emna Gara ◽  
Chiha Gaha
Keyword(s):  
Human Capital ◽  
Organizational Commitment ◽  
Firm Performance ◽  
Organizational Performance ◽  
Critical Role ◽  
Black Box ◽  
Future Research ◽  
Financial Industry ◽  
Content Type

Purpose – The purpose of this paper is to explore, and eventually unlocking, the “black box” problem by addressing the potential mediating role of human capital and organizational commitment in the relationship between high performance work systems (HPWS) and perceived firm performance in the Tunisian financial industry. Design/methodology/approach – Based on the strategic human resource management (SHRM) theory, the authors developed a model that links HPWS to perceived organizational performance through human capital and employee organizational commitment. Data collected from 351 respondents was considered. Multiple regression analysis was then used to assess the research hypotheses. Findings – Data collected from 351 respondents suggest that HPWS positively affect perceived firm performance through first, enhancing the firms’ human capital; and second, developing positive organizational commitment attitude among employees. In addition, a direct relationship between HPWS and firm performance was found. Research limitations/implications – The research focussed on the perceived performance of the organization rather than financial measures. Also, because data were collected from a sample of Tunisian financial companies, results of this study are not generalizable. Originality/value – More than two decades after the earliest contributions, the SHRM scholars believe that the “black box” problem is still accurate and, therefore, needs to be addressed in an effective way. At a general and broad level, the authors believe this study contributes to the SHRM literature by successfully addressing two critical “black box” elements, i.e. human capital and organizational commitment. Also, since there is a lack in such research in Tunisia, an icon country of the Arab spring, this paper provides theoretical basis for future research and managerial implications for Tunisian business leaders and HR managers. Finally, this research is extending the current empirical SHRM literature by addressing the critical role of HRM in the largely understudied field of financial services industry.

scholarly journals Antecedents and Outcomes of Knowledge Management Practices: Evidence from Pakistan

2016 ◽  
Vol 4 (2) ◽  
pp. 23-29
Author(s):  
Muhammad Arif ◽  
◽  
Muzammal Ilyas SindH ◽  
Inayat Ullah Khan ◽  
Syeda Faiza Urooj ◽  
...  
Keyword(s):  
Knowledge Management ◽  
Organizational Performance ◽  
Management Practices ◽  
Positive Impact ◽  
Competence Development ◽  
Future Research ◽  
Performance Study ◽  
Knowledge Management Practices ◽  
Public And Private Sector ◽  
Culture Technology

The purpose of the study was to examine antecedents and outcomes of knowledge management practices in education sector of Pakistan. Leadership, culture, technology and competence development were used as antecedents. The data were collected from public and private sector universities and NGOs across Rawalpindi/Islamabad region. The results indicated that leadership has positive impact on knowledge management practices. Similarly, culture, technology and competence development positively impact the knowledge management practices as well. Ultimately, the results concluded that knowledge management practices positively and significantly impact organizational performance. Study limitations and future research directions are also discussed.

scholarly journals Top Management Demographics and Performance: An Empirical Investigation of Kenyan State Corporations

2018 ◽  
Vol 10 (1) ◽  
pp. 1
Author(s):  
Rose N. Mkalama ◽  
Vincent N. Machuki
Keyword(s):  
Organizational Performance ◽  
Top Management Teams ◽  
Future Research ◽  
Top Management ◽  
Cross Sectional ◽  
Upper Echelons Theory ◽  
Top Managers ◽  
And Performance ◽  
The Right ◽  
Descriptive Survey

The study investigated the influence of top management demographics on the performance of Kenyan state corporations. Through a cross sectional descriptive survey, data was obtained from 96 Kenyan state corporations using a semi-structured questionnaire and analyzed using both descriptive and inferential statistics. The study findings indicated that top management demographics had a statistically significant influence on the performance of Kenyan state corporations. The study contributes to the upper echelons theory and resource based theory. Policy makers will also benefit in ensuring that the aspects of top management demographics are properly mainstreamed in order to achieve high organizational performance. Managers who are in charge of attracting the top management teams in organizations will benefit in understanding the importance of having top managers with the right demographics in order to drive strategy. Based on the limitations of the study, areas for future research have been highlighted.

Knowledge management processes and organizational performance: the mediating role of organizational learning

2020 ◽  
Vol 24 (8) ◽  
pp. 1859-1880 ◽  
Author(s):  
María Obeso ◽  
Remedios Hernández-Linares ◽  
María Concepción López-Fernández ◽  
Ana María Serrano-Bedia
Keyword(s):  
Knowledge Management ◽  
Organizational Learning ◽  
Firm Performance ◽  
Organizational Performance ◽  
Knowledge Generation ◽  
Future Research ◽  
Content Type ◽  
Mediating Role ◽  
And Performance

Purpose The purpose of this paper is twofold. First, it aims to analyze the individual influence of different knowledge management practises (KMP) on firm performance. Second, it aims to analyze the mediating role of organizational learning (OL) between each KMP and performance. Design/methodology/approach A telephone-survey was applied in 2018 to the managers of 400 Spanish firms. The data retrieved was analyzed by using multiple regression analysis. Findings Knowledge generation (KG) and knowledge flow (KF) promote firm performance, while there is not a direct association between knowledge storage and performance. OL mediates the relationship between KG and performance, as well as between KF and performance. Research limitations/implications First, this research confirms that not all the KMP have a direct effect on firm performance, thus, future research would need to differentiate between different KMP. Second, this paper is pioneering in providing empirical evidence that OL mediates the KMP – performance relationship. Third, the empirical study was performed in a context non-researched yet by the literature considering KMP individually: Spain. Practical implications First, besides the results managers should focus their efforts in practises related to KG and application. Second, OL mediating suggests that managers should invest in managerial commitment to promote a shared culture, shared vision, open-mind to new ideas and a lot of dialogue. Originality/value This is the first study that investigates how KMP contribute to firm performance by incorporating the mediating impact of OL. The results will help organizations to identify the KMP improving the performance.

Chief executive officer compensation, corporate governance and performance: evidence from KSA firms

2019 ◽  
Vol 19 (6) ◽  
pp. 1216-1235 ◽  
Author(s):  
Gaafar Abdalkrim
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Organizational Performance ◽  
Ceo Compensation ◽  
Chief Executive ◽  
Listed Companies ◽  
Future Research ◽  
Content Type ◽  
Interesting Insight ◽  
And Performance

Purpose This paper aims to examine the relation between chief executive officers (CEOs) compensation and organizational performance in KSA listed companies. It also aims at investigating the effect of corporate governance mechanisms according to this relation. Design/methodology/approach The researcher uses unbalanced panel data regression analysis on a sample of 181 KSA listed companies from 2005 to 2014. Findings The estimation result suggests that CEO Compensation is positively associated with firm performance. The results also show that corporate governance positively and significantly affect the relation between CEO Compensation and performance. Research limitations/implications This research, like any other, has some limitations that can be addressed by future research. The important limitation of this research is that the generalizability of the results is limited by the fact that the majority of the firms in the sample are from material sector which is represented by 42 (32 per cent) firms versus pharmaceutical sector which is represented by only one (1 per cent) firm. Therefore, a future research can tackle the effect of CEO compensation, corporate governance on future firm performance independently. Practical implications The findings have some important implications for stakeholders such as policymakers, listed firms managers, business owners and academic researchers in the emerging KSA market. Besides, understanding the relation between CEO compensation, corporate governance and firm performance can aid the success of corporate modernization and economic reform in KSA. Originality/value The research attempts to fill a substantial gap in the literature by providing the first rigorous econometrics evidence on CEO compensation, corporate governance and firm performance. In addition, it provides interesting insight for researches, decision-makers and board members in KSA.

scholarly journals CEO-CFO SOCIAL TIES, KOMPETENSI AUDITOR INTERNAL, DAN MANAJEMEN LABA

2021 ◽  
Vol 8 (1) ◽  
pp. 79
Author(s):  
Khairanis Yulita
Keyword(s):  
Earnings Management ◽  
Social Ties ◽  
Internal Audit ◽  
Chief Executive ◽  
Future Research ◽  
Chief Financial Officer ◽  
Internal Auditor ◽  
The Social ◽  
Negative Effect ◽  
The Difference

<p>Social ties can be a synergy to increase or decrease a distortion. Jiwasraya phenomenon in Indonesia is one example of the social ties between Chief Executive Officer and Chief Financial Officer being abused to conspire and beautify financial reports by earnings management. Internal auditor have a role to ensure that all company operations do not deviate from existing standards and regulations. The purpose of this study is to examine the effect of Chief Exeutive Officer-Chief Financial Officer social ties on earnings management and to interact that effect with internal auditors competency, which is the difference between this study and previous research. The research samples are non-financial state-owned companies listed on the IDX for the 2015-2019 period with a total of 79 companies. The research method uses Moderated Regression Analysis. The results show that Chief Exeutive Officer-Chief Financial Officer social ties has a negative effect on earnings management and internal auditor’s competency doesnt not moderate that effect. The conclusion of this study is the social ties that exist between the board directors, especially CEO and CFO can increase synergy and cooperation in the way to minimize opportunistic behavior. Future research can consider another proxy for social ties especially personal ties and also internal audit function.</p>

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