Does the Mixed-Ownership Reform Affect the Innovation Strategy Choices of Chinese State-Owned Enterprises?

In recent years, the innovation of state-owned listed enterprises has gained substantial momentum in academic research due to their vital role in sustainable economic development. This article examines and evaluates the influence of mixed-ownership reform on the innovation strategy of Chinese State-Owned Enterprises (SOEs) from the two dimensions of ownership structure adjustment and control right allocation. We extend extant research in that: The diversity of mixed shareholders, the depth of mixed equity, and the control of mixed equity can significantly promote the exploratory innovation investment of SOEs. Our study investigates the impact of the shareholding ratio of foreign investors, natural persons, and institutional investors. The empirical results found a significant positive correlation between the increase of the shareholding ratio of institutional investors and the exploratory and exploitative innovation investment. On the other hand, private shareholders’ shareholding ratio has no impact on the innovation strategy choices of SOEs. Specifically, the results proved that the promotion of exploratory innovation investment by mixed-ownership reform is more significant in SOEs controlled by the central government or in competitive industries. To a large extent, this promotion is achieved by improving the proportion of executives with a professional R&D background in SOEs.

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The Role of Corporate Governance Failure in the Banking Sector

European Scientific Journal ESJ ◽

10.19044/esj.2016.v12n34p68 ◽

2016 ◽

Vol 12 (34) ◽

pp. 68

Author(s):

Rezart Dibra

Keyword(s):

Corporate Governance ◽

Institutional Investors ◽

Banking Sector ◽

Global Financial Crisis ◽

Academic Research ◽

Vital Role ◽

Extreme Risk ◽

Organizational Arrangement ◽

And Control

Corporate governance is the organizational arrangement by which a company represents and serves the interests of its investors. It encompasses anything from a company’s boards to executive compensation schemes to bankruptcy laws. Generally, the definitions of corporate governance which was found in the literature tend to share certain characteristics. One of this characteristic is the notion of accountability. Corporate governance is the process of supervision and control which intends to ensure that the company’s management acts in accordance with the interests of shareholders (Parkinson, 1994). Corporate governance, the internal policies and leadership that guide the actions of corporations, played a major part in the recent global financial crisis. While much blame has been targeted at compensation arrangements that rewarded extreme risk-taking but did not punish failure, the performance of large, supposedly, sophisticated institutional investors in this crisis have not been examined. Corporate governance has come to the forefront of academic research due to the vital role it plays in the overall health of economic systems. Corporate governance was long ignored as a matter of potential importance for the development of a nation’s economy. This paper, however, expresses some cases in the field of corporate governance, regarding the failure of corporate governance. Institutional investors failed to effectively monitor such volatile investments, ignoring relatively well-established corporate governance principles and best practices. Corporate Governance Failures offers nuanced and realistic proposals to mitigate future financial pitfalls.

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Innovations as the Competitive Advantage for Small and Medium Enterprises: the Case for the Kingdom of Saudi Arabia

Marketing and Management of Innovations ◽

10.21272/mmi.2020.2-14 ◽

2020 ◽

pp. 196-205

Author(s):

Ahlam Otaibi Alghanmi

Keyword(s):

Saudi Arabia ◽

Competitive Advantage ◽

Organizational Innovation ◽

Small And Medium Enterprises ◽

Vital Role ◽

Innovation Strategy ◽

Kingdom Of Saudi Arabia ◽

Innovation Strategies ◽

Medium Enterprises ◽

The Impact

There is a lack of studies on innovations and competitiveness in Small & Medium Enterprises (SMEs) in Saudi Arabia; to fell this gap, this paper will study change as the competitive advantage for Small and Medium Enterprises: the case for the Kingdom of Saudi Arabia. The study aims to explore different practices of SMEs in the Kingdom of Saudi Arabia to examine the impact of innovation strategies (Organizational, Product, Process, and Market) on the competitive advantage of SMEs. The study was conducted on one hundred and forty-seven (147) SMEs that are practicing different activities in the Kingdom of Saudi Arabia. The study's analysis indicates that most of the enterprises were young (operation years were less than ten years), which shows the strong need to apply innovative strategies to maintain their position and competitiveness in the market. Competitive advantage enables the firm to utilize its resources efficiently and maintain high levels of quality performance. The results show that the correlation between Innovation strategies such as product innovation strategy, market innovation strategy, process innovation strategy, and organizational innovation strategy practiced by SMEs in the Kingdom of Saudi Arabia and competitiveness was Positive. Therefore, it indicates that different innovation strategies were significantly influencing the competitiveness of the SMEs. To remain a competitor enterprise in the market is not a natural or an easy attempt, and it can be challenging for SMEs, especially without the needed knowledge and support. Findings and recommendations of the study can be used as a guideline for SMEs. Also, emphasizing on the importance of education that plays a vital role in SMEs innovations. It is essential to establish with different research centers and universities in the Kingdom of Saudi Arabia programs or activities that focus on changes in business, and it will result in gaining competitive advantage and sustainability for Small and Medium Enterprises in the market. Keywords: competitive advantage, innovation, small enterprises, medium enterprises.

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Trends and tensions of higher education at a rural Japanese national university

Learning and Teaching ◽

10.3167/latiss.2019.120103 ◽

2019 ◽

Vol 12 (1) ◽

pp. 34-52 ◽

Cited By ~ 1

Author(s):

Anthony Rausch

Keyword(s):

Higher Education ◽

Higher Education Policy ◽

Central Government ◽

Two Dimensions ◽

Educational Governance ◽

Global Trends ◽

National University ◽

The One ◽

The University ◽

The Impact

This article examines the impact of contemporary higher education policy at a rural university in Japan. Hirosaki University, although a national university with an attached medical school, is far from the centre of academia in Japan, with a comparatively low ranking among national universities in Japan, and severe budget constraints. The policies that influence the trajectory of the university simultaneously illustrate two dimensions. On the one hand, they reflect global trends of neoliberal higher educational governance as these unfold in a leading nation-state within Asia. On the other hand, they show how policies originating within central government ministries and dictated by population and budget dynamics yield a highly localised outcome that forces a peripheral university to concentrate its efforts predominantly in its own community.

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Income and Life Quality of Farmer Households Suffering Social Exclusion

Journal of Economics and Development ◽

10.33301/2012.14.03.04 ◽

2012 ◽

pp. 63-87

Author(s):

Anh Mai Ngoc ◽

Ha Do Thi Hai ◽

Huyen Nguyen Thi Ngoc

Keyword(s):

Labor Market ◽

Statistical Method ◽

Social Exclusion ◽

Central Government ◽

Life Quality ◽

Economic Aspect ◽

Local Authorities ◽

The Impact

This study uses descriptive statistical method to analyze the income and life qual- ity of 397 farmer households who are suffering social exclusion in an economic aspect out of a total of 725 households surveyed in five Northern provinces of Vietnam in 2010. The farmers’ opinions of the impact of the policies currently prac- ticed by the central government and local authorities to give them access to the labor market are also analyzed in this study to help management officers see how the poli- cies affect the beneficiaries so that they can later make appropriate adjustments.

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Asymmetrical Attribution of Performance in China

Asian Survey ◽

10.1525/as.2020.60.5.978 ◽

2020 ◽

Vol 60 (5) ◽

pp. 978-1003

Author(s):

Jacqueline Chen Chen ◽

Jun Xiang

Keyword(s):

Economic Development ◽

Local Governments ◽

Central Government ◽

Cultural Theory ◽

Political Trust ◽

Mediation Model ◽

Multilevel Mediation ◽

Dual Pathway ◽

Underlying Mechanisms ◽

The Impact

Existing studies of the impact of economic development on political trust in China have two major gaps: they fail to explain how economic development contributes to the hierarchical trust pattern, and they do not pay enough attention to the underlying mechanisms. In light of cultural theory and political control theory, we propose adapting performance theory into a theory of “asymmetrical attribution of performance” to better illuminate the case of China. This adapted theory leads to dual pathway theses: expectation fulfillment and local blaming. Using a multilevel mediation model, we show that expectation fulfillment mainly upholds trust in the central government, whereas local blaming undermines trust in local governments. We also uncover a rural–urban distinction in the dual pathway, revealing that both theses are more salient among rural Chinese.

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Can Values of Honesty, Hard Work, Loyalty and Discipline Predict Entrepreneurial Orientation of Muslim Owner Managers?

Journal of Emerging Economies and Islamic Research ◽

10.24191/jeeir.v3i1.9049 ◽

2015 ◽

Vol 3 (1) ◽

pp. 31 ◽

Cited By ~ 2

Author(s):

Rohani Mohd ◽

Badrul Hisham Kamaruddin ◽

Khulida Kirana Yahya ◽

Elias Sanidas

Keyword(s):

Entrepreneurial Orientation ◽

Two Dimensions ◽

Hard Work ◽

Small Scale ◽

Sampling Frame ◽

Policy Makers ◽

Learning Institutions ◽

Innovative Orientation ◽

The Impact ◽

True Values

The purpose of the present study is twofold: first, to investigate the true values of Muslim owner managers; second, to examine the impact of these values on entrepreneurial orientations of Muslim small-scale entrepreneurs. 850 Muslim owner managers were selected randomly using the sampling frame provided by MajlisAmanah Rakyat Malaysia (MARA). 162 completed questionnaires were collected and analyzed. For this paper only two dimensions of entrepreneurial orientations were analyzed: proactive orientation and innovative orientation. Interestingly, the findings revealed that Muslim businessmen/women are honest, loyal, disciplined and hard working. Loyalty and honesty are positively related to proactive orientation, while discipline and hard-work are positively related to innovative orientation. The findings provide implications for existing relevant theories, policy makers, practitioners and learning institutions.

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The Impact Of Emotional Intelligence On Leadership Excellence Of Executive Empoloyees In Public Sector Organizationin Ampara District Of Sri Lanka

Restaurant Business ◽

10.26643/rb.v118i9.7968 ◽

2019 ◽

Vol 118 (9) ◽

pp. 52-60

Author(s):

Dr.S. Gunapalan ◽

Dr.K. Maran

Keyword(s):

Emotional Intelligence ◽

Public Sector ◽

Vital Role ◽

Public Organization ◽

Self Awareness ◽

Public Sector Organization ◽

Expression Of Emotion ◽

Asking Questions ◽

Private Sector Organizations ◽

The Impact

Emotional Intelligence is play a vital role to decide leadership excellence. So this paper to study the impact of emotional intelligence on leadership excellence of executive employee in public sector organization.Hence the objective of this research is to identify the impact of emotional intelligence on leadership excellence of executive employee in Public Sector Organization in Ampara districtof Sri Lanka.emotional intelligence includes the verbal and non-verbal appraisal and expression of emotion, the regulation of emotion in the self and others, and the utilization of emotional content in problem solving. Cook (2006)[1]. Emotional intelligence is one of the essential skill for leaders to manage their subordinate. Accordingly although there is some research done under “Emotional intelligence on leadership excellence of the executive employee in the public organization in Ampara district so this study full filed the gap. Based on the analysis, Self-awareness, Self-management, Social-awareness and Relationship management are the positively affect to the Leadership excellence. So, executive employees should consider about the Emotions of their subordinators when they completing their targets. leaders should pay the attention for recognize the situation, hove to impact their feelings for the performance & recognized their own feelings. Leaders should consider and see their own emotions when they work with others by listening carefully, understand the person by asking questions, identifying non-verbal expressions and solving problems without helming someone’s. Leadersshould consider their subordinators emotions when they find a common idea, government should give to moderate freedom to executive employees in public organization to take the decision with competing the private sector organizations.

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