Do religion and politics impact corporate governance diversity policy?

PurposeIn this paper, the authors examine how religious and political factors affect a firm's corporate governance diversity policies.Design/methodology/approachThe authors develop five basic empirical models. Model 1 examines how religious beliefs and political affiliation determine whether a firm will establish diversity incentive in its senior executives' performance assessment. Model 2 investigates how the diversity goal, religious beliefs and political affiliation separately affect the level of actual diversity achieved. Model 3 examines how the diversity goal and environmental factors interact to affect the level of actual diversity achieved. Model 4 and Model 5 examine whether the diversity incentive in senior executives' compensation plan and the environmental factors (religious belief and political affiliation) help to reduce the compensation differentials between male and female executives.FindingsThe authors find that firms located in more liberal counties with more Mainline Protestants and less Republican voters in the United States are more likely to include workforce diversity as a criterion in evaluating their senior executives. The authors also provide evidence that firms with diversity goals have more female directors, more female senior executives and more minority directors. However, they find no evidence that the compensation differentials between male and female executives are smaller in these firms. Finally, they find that external environment affects the effectiveness of the implementation of the diversity goals.Originality/valueIn line withthis branch of research, the authors expand the literate on the link between corporate culture and corporate decision-making by investigating the non-financial performance measures. Besides the corporate decision-making in investment, financial reporting and social responsibilities as documented in prior studies, the authors argue that the religious beliefs and political affiliations could also affect the development and implementation of corporate non-financial performance goals in executive incentive contracts.

Business Education in Japan

In Japan, the most prominent players in business education are corporations because they provide on-the-job training to their employees, particularly new graduates. However, with the low growth of the Japanese economy after the collapse of the bubble economy around 1990 and the recent drastic changes in the international environment, it is necessary to reexamine business education. To cope with the drastically changing environment, many Japanese companies are evolving their education model to emphasize off-the-job training in addition to on-the-job training. The main target of such training now includes senior executives, in addition to junior- to mid-level executives. Business schools play a role in educating senior executives. Although major Japanese companies utilize top business schools overseas, Japanese business schools are still the major education providers. This chapter discusses the recent changes, prospects, and issues concerning Japanese business schools.

Innovation ambidexterity effects on product innovation performance: the mediating role of decentralization

PurposeThe purpose of the study was to analyse the impact of innovation ambidexterity represented by explorative and exploitative innovation capabilities and their combined effects on product innovation performance and to prove the mediating effect of decentralization.Design/methodology/approachThe study uses partial least squares for structural equation models and SmartPLS version 3.3.1 on a sample of 174 Romanian medium- and large-sized firms from the IT industry to test six research hypotheses. To measure innovation ambidexterity, the orthogonal approach was used, conceptualizing innovation ambidexterity as a multidimensional, second-order construct composed of explorative and exploitative innovation capabilities. Innovation ambidexterity was conceptualized as a multiplicative term of both explorative and exploitative innovation capabilities.FindingsThe empirical results prove that innovation ambidexterity is positively correlated with product innovation performance, while decentralization is mediating the impact of innovation ambidexterity on product innovation performance in the IT industry.Research limitations/implicationsThe data was based on self-reported assessments of senior executives. While innovation ambidexterity may influence product innovation performance in the long term, such long-term effects are not assessed. Other studies found a moderating effect between centralization or decentralization and ambidexterity, while we found that it has a mediating effect.Practical implicationsIn the context of innovation capability, the combination of explorative or exploitative capabilities may lead to a better synergy. Innovation ambidexterity influences product innovation performance through a synergistic effect, making the simultaneous combination of capabilities useful for firms willing to make efficient use of existing resources and make their capabilities mutually supportive. Moreover, for senior executives, the effects of decentralization as a mediator provide further incentive to include it in their development of firms' innovation capabilities.Originality/valueThis study extends findings of other studies by contributing to a deeper examination of the effects of decentralization, on innovation outcomes by focusing on a specific type of innovation, product innovation. Moreover, since innovation capability is often studied in small firms or in the manufacturing industry, this study contributes to the research on innovation capability and the consequences on innovation capability in the services sector and medium- and large-sized companies. By proving that decentralization mediates the effects of innovation ambidexterity on product innovation performance, it enables reconsideration of the organizational structure role in fostering innovation.

EXPRESS: Theorising work-life balance endeavours as a gendered project of the self: The case of senior executives in Denmark

Recent work-life balance (WLB) studies offer considerable insight into the challenges and strategies of achieving WLB for senior managers. This study shifts the focus from asking how to asking why individuals are so invested in pursuing a particular kind of WLB. Through analysing 62 life history interviews with male and female senior executives in Denmark, we develop the concept of the gendered project of the self to theorise WLB. We show how for the executives, WLB was not simply an instrumental process of time or role management; instead, pursuing WLB in a certain way was a key part of acquiring and maintaining a particular desired subjectivity or a sense of self as a better person, better worker, and better parent. We argue that theorising WLB as the gendered project of the self allows us to explicate the mechanisms through which gendered social and cultural expectations translate into how male and female executives can and want to pursue their WLB goals—firstly by driving one’s desire for WLB and, secondly, by shaping and restricting what is desired. In doing so we highlight the importance of scrutinising the role of broader WLB discourses in shaping the experience and uptake of organisational WLB policies.

Top Management Team Stability and Corporate Social Responsibility: The Moderating Effects of Performance Aspiration Gap and Organisational Slack

Although studies on the impact of senior executives on corporate social responsibility (CSR) are relatively sufficient, they take a static perspective when investigating the different attitudes of senior executives towards fulfilling social responsibility. Few studies consider the impact of the dynamic changes in a top management team (TMT) on sustainable corporate development, especially social responsibility. We perform regression analysis on 2010–2019 data from Chinese listed firms to examine the relationship between TMT stability and CSR performance and consider the moderating roles of the performance aspiration gap and slack resources. We find that TMT stability has a positive impact on CSR performance and that the performance aspiration gap and slack resources negatively moderate the relationship between TMT stability and CSR performance. This study expands the current literature on the relationship between TMT characteristics and social responsibility, sheds light on what situations can cause agency problems, and provides practical guidance for the sustainable development of a firm and adequate performance of CSR.

Environmental Regulations, Environmental Subsidies and Enterprise Investment for Environmental Protection: Evidence from Pollution Enterprises of China

Environmental protection concerns the global and long-term development of the social economy. The negative effects of production and management activities of pollution enterprises on the environment attract more and more attention from the whole society. The government is not only continuously strengthening production regulation, responsibility monitoring and establishment of rules and regulations of pollution enterprises, but also increasing supports to environmental-friendly development of pollution enterprises. To explore influences of environmental regulations and environmental subsidies on enterprise investment to environmental protection, influences of environmental subsidies under environmental regulations were discussed through the propensity matching using data of listed enterprises in China’s pollution industry from 2013 to 2019. Results demonstrate that environmental subsidies promote the growth of enterprise investment to environmental protection significantly and environmental regulations are the primary influencing factor. According to heterogeneity analysis, environmental subsidies have significant positive effects on the investment in environmental protection of state-owned enterprises and private enterprises. The quantity and amplitude of investment in environmental protection of state-owned enterprises are more prominent. Environmental subsidies significantly promote investment in environmental protection of enterprises where senior executives have a technological background, but they have no significant influences on enterprises where senior executives have no technological background. Conclusions have some policy significance: government urges pollution enterprises to increase investment in environmental protection and pursue sustainable development from perspectives of incentives (increasing economic subsidies) and pressure (developing collaborative effect of environmental regulation).

An empirical assessment of the relationship between Information Intensity and IT Leaders’ Role and Structural Power

Using the theoretical lens of the contingency approach to leadership, this study explores the relationship between the information intensity of the organization’s value chains and IT leaders’ role and structural power. Based on data obtained from a sample of 174 Australian IT senior executives, a multiple analysis of variance (MANOVA) is used to empirically test for differences between the IT leader’s role and structural power in high and low information intensive organizations. Findings suggest that value chain information intensity significantly influences the importance of individual CIO roles as well as the combined operational (supply) and strategic (demand) groups of roles. However, the IT leaders’ structural power was found to be unrelated to the level of information intensity of the organization. Implications and future research directions are discussed.

Fear of Backlash Moderates Female Senior Executives' Communion (but Not Agency) as Compared to Female Lecturers

Today, many women work in occupational roles that had once been dominated by men (e.g., senior business executives). However, expectations on senior executives to be agentic (e.g., assertive, dominant) may conflict with prescriptive stereotypes about women to be communal (e.g., helpful, warm). According to this double-bind dilemma, female senior executives get criticized for lacking either agency or communion as both dimensions can be perceived as posing a tradeoff. We hypothesize that female senior executives report higher levels of agency and lower levels of communion than women in a more neutral role (e.g., lecturers) due to the perceived requirements of these occupational roles. In Study 1, N = 212 students rated adjectives on their desirability for men vs. women in Chinese society. They rated agentic characteristics as more desirable for men and communal characteristics as more desirable for women. Studies 2 and 3 used this material. Study 2 randomly assigned N = 207 female students to the role of a senior executive vs. lecturer. Study 3 was conducted with N = 202 female role occupants (96 senior executives, 106 lecturers). As expected, female senior executives reported higher levels of agency and lower levels of communion than female lecturers in both studies. Some women may be particularly aware of the above-mentioned double-bind dilemma and may be more worried about the potential backlash than others. They may attempt to reconcile occupational demands (i.e., higher agency, lower communion) with prescriptive gender stereotypes (i.e., lower agency, higher communion). We, therefore, explored whether fear of backlash attenuates the effect of the type of role of women (senior executives vs. lecturers) on agency and communion. Indeed, we found that senior executives who were particularly worried about backlash reported almost as much communion as lecturers did. In contrast, senior executives consistently reported higher levels of agency than lecturers regardless of their fear of backlash. The present study documents prescriptive gender stereotypes in China, how women differ as a function of their occupational roles, and how fear of backlash may motivate female senior executives to reconcile having high levels of both agency and communion.

Hierarchical and Role-Based Differences in the Perception of Organizational Listening Effectiveness

A growing body of research underscores the importance of how effectively (or poorly) organizations listen and respond to key external publics and stakeholders. This paper describes research focusing on how organizational hierarchy and member roles impact perceptions of organizational listening effectiveness, specifically the process of capturing, analyzing, disseminating, and utilizing the “Voice of the Consumer” (VoC). After reviewing literature in three relevant areas of research, the paper describes a study in which senior executives’ perceptions of the effectiveness of consumer listening efforts in their respective organizations are compared with those of lower-level consumer intelligence providers and users. Results indicate that senior executives assess VoC program effectiveness in their organizations more favorably than consumer intelligence providers/users with respect to 10 key aspects of organizational listening. Implications for theory-building and knowledge development, along with implications for practitioners and directions for future research, are discussed.

De CEO-fluisteraar Reflecties op leiderschap, leven en verandering

Op dit kritieke punt in de geschiedenis van de mensheid zullen leiders die bedreven zijn in magisch denken onze problemen niet oplossen. Het creëren van alternatieve realiteiten is niet het antwoord. We hebben een heel ander soort leiders nodig die de roep om regressie kunnen weerstaan en wiens visie stevig in de realiteit is verankerd. We hebben leiders nodig die analyseren en conclusies trekken uit, of hun eigen ervaringen gebruiken als een ontwikkelingsinstrument, hun sterke en zwakke punten onder ogen zien, en hun eigen ervaringen bekritiseren om nieuwe inzichten op te bouwen. In dit zeer persoonlijke en onderhoudende boek biedt Manfred Kets de Vries, een van de "goeroes" op het gebied van leiderschapsstudies, zijn gedachten over leiderschap en leven, reflecties geschreven voor leidinggevenden en de mensen die met hen omgaan. Als psychoanalyticus en leiderschapsprofessor, losgelaten in de wereld van gerenommeerde wereldwijde organisaties, als gepassioneerd opvoeder en geleerde, of gewoon als mens die hartverscheurende e-mails ontvangt - onderzoekt hij de valkuilen van leiderschap en de uitdagingen voor de professionals die met senior executives werken in de huidige AI-gerichte wereld. Hij wijst erop waarom leiders kunnen ontsporen en welke stappen ze kunnen nemen om dit te voorkomen. Uiteindelijk moedigt dit boek je aan om "jezelf te kennen", maar dat doet geen recht aan de uitdaging die het vertegenwoordigt. Het begrijpen van ons "innerlijk theater" zal altijd een zware strijd zijn. Kets de Vries wijst erop waarom het verdiepen in onze innerlijke wereld altijd vol met vele angsten zit. Onder de vele onderwerpen die de auteur behandelt zijn de eenzaamheid aan de top, het omgaan met teleurstellingen, de destructieve rol van hebzucht, de impact van koppigheid, de rol van verhalen vertellen, het belang van welzijn en welbevinden, en de rol van de bedrijfscultuur. Daarnaast gaat het boek in op het belangrijke onderwerp hoe je geweldige teams en de beste werkplekken kunt creëren. Ten slotte gaat het boek in op het einde van onze carrière en het groeiende besef van het onvermijdelijke einde van ons leven. Naarmate die tijd korter is, is er geen tijd te verliezen in het omgaan met onze angsten, spijt en de dingen die we een groot deel van ons leven vastbesloten hadden niet te zien. Diep duiken in zelfkennis vereist moed en steun, en hij is hier om je daar doorheen te leiden.