Search results

In this chapter, the author compares two representations of the child from two famous films by the Fifth Generation’s top director in China, Chen Kaige, Yellow Earth (1984) and Together (2002). The girl’s story in the former and the boy’s story in the latter show respectively the dissolution of the Party/state as an extended family home, and it being replaced by the atomized, fluid, and flexible family home in the new state-led neo-liberal order. Compared with the girl, the boy in the new century tries to convey an equally lyrical articulation of the family/home, but differently, with a strong sense of his subjectivity. Thus, the boy’s voice in Together, self-reflective, artistically innovative, and affective, becomes a voice of resistance against authoritarian neoliberalism in post-socialist China.

The development of an effective corporate vision is a necessary issue for corporate performance, and it is a key issue for corporate sustainable development as well. The recognition of questions like “what is the role of corporate vision in corporate performance” is directly related to the attitude and practice of entrepreneurs and managers toward the development of corporate vision as well as the effectiveness of the corporate vision itself. To better answer the questions concerning the role of corporate vision development and effectively guide the practice of corporations, the authors study the pathways and mechanisms by which corporate visions operate to assist businesses in achieving high performance.

The article completes the construction of indicators to measure each dimension of the corporate vision in line with social cognitive theory and analyzes the relationship between corporate vision and corporate performance by combining qualitative comparative analysis (QCA) and necessary condition analysis (NCA) research methods. The article provides insights into the logic of constructing and adjusting corporate visions from a process perspective.

The mechanisms by which corporate visions can be articulated, accepted and transformed within the organization are also the means by which corporate visions can improve corporate performance. In a dynamic environment, the corporate vision setting and acceptance process integrates the requirements of various stakeholders, leading to the adjustment and acceptance of the corporate vision. As a result, the vision has continuous validity in a changing environment. Both start-ups and non-start-ups can benefit from the guidance provided by a strong corporate vision in overcoming a variety of issues and obstacles to produce strong business performance.

This is the first study that shows the relationship between corporate vision and corporate performance from a process perspective. The authors are interested in understanding which characteristics for building a corporate vision are more accepted by organizational members and, in turn, create high corporate performance. The authors also explore the conditions for corporate vision acceptance. This research has positive implications for shedding some light on the mechanisms by which corporate visions improve corporate performance.

Previous studies on social influence and virtual product adoption have mainly taken users’ purchase behavior as a dichotomous variable (i.e. purchasing or not). Given the prevalence of competing versions (basic vs upgraded) of a virtual product in online communities, this paper investigated the differences in the effect of social influence on users’ adoption of basic and upgraded choices of a virtual product. It also examined how the effect varies with users’ social status and user-level network density.

A natural experiment was conducted in an online game community. Two competing versions (basic vs upgraded) of a virtual product were provided for in-game purchase while a random set of users selected from 897,765 players received the notification of their friends’ adoption information. A competing-risk model was used to test the hypotheses.

Social influence exerts a stronger positive effect on users’ adoption of the upgraded virtual product than of the basic virtual product. Middle-status users have the greatest (least) susceptibility to social influence in adopting the upgraded (basic) virtual product than low- and high-status users. User’s network density enhances the effect of social influence on adoption of both virtual products, even more for the upgraded one.

This research contributes to the social influence and product adoption literature by disentangling the different effects of social influence on basic and upgraded versions of a virtual product. It also identifies the boundary conditions that social influence works for each version of the virtual product.

This paper aims to offer an integrated framework for branded apps (BAs) that highlights research gaps and points to areas for future research.

Using a systematic literature review approach, the authors analyzed more than 100 articles published between 2009 and the present. This research used databases such as SCOPUS, Web of Science, EBSCO and Elsevier’s Science Direct, with a particular focus on articles listed in the 2021 ABS index. The reviewed papers were coded and organized into four categories in terms of themes and concepts: antecedents, mechanisms, outcomes and moderators.

The study identified four types of antecedents (app benefits, personal traits, brand benefits and others) that influence outcomes via cognitive, affective and a mix of both mechanisms, which is termed multipaths. The authors classified outcomes into five areas (financial gains; app benefits; brand benefits; customer benefits; and others). Moderators were grouped into four types (customer individuality; app features; brand characteristics; and others). The authors concluded by recommending promising directions for future research. Specifically, the authors suggested an inverted U-shaped relationship between escapism and customer responses to BAs.

This paper focused exclusively on BAs, differentiating them from other mobile apps. The authors integrated nearly 100+ studies conducted over two decades. This integrated model serves as a guiding tool for understanding the past, present and future of BAs.

The main purpose of this study is to investigate the impact of state capital participation (SCP) on the corporate environmental engagement (CEE) of privately controlled listed firms in China.

We use a sample of 20,133 firm-year observations from 2009 to 2021. We use three different measures to proxy corporate environmental engagement and two different measures to proxy for state capital participation. We employ a difference-in-difference regression model to estimate the effect of state capital participation on corporate environmental engagement.

Using a sample of 20,133 firm-year observations from 2009 to 2021, we find that SCP significantly increases corporate expenditure on environmental protection, corporate environmental performance and ESG ratings. Specifically, SCP increases environmental investment capacity and attracts more media coverage, online attention and analysts’ following, which leads to better environmental engagement. Further analyses show that after state shareholders exit privately controlled firms, CEE deteriorates, while private capital injection in state-owned firms has no significant impact on CEE. The positive effect of SCP is stronger in privately controlled firms with local government ownership, a larger number of state shareholders, longer state shareholder holding periods, those without politically connected managers and firms operating in heavy pollution industries. Lastly, we show that minority government ownership reduces firm-level toxic emissions and enhances financial performance.

We enrich the literature on the role of minority state ownership in corporate financial and environmental performance.

We enrich the literature on the role of minority state ownership in corporate financial and environmental performance. In light of the escalating environmental concerns and the growing emphasis on corporate environmental responsibility, this study highlights the beneficial role of minority government ownership in driving environmental performance. By providing resources and attracting external scrutiny, the government, as a minority shareholder, can significantly enhance the environmental engagement of privately controlled firms.

Mega construction projects (megaprojects) require technological innovation cooperation (TIC) to address complex construction demands and the interests of multiple stakeholders. Although TIC has been extensively discussed at the firm level, a significant gap remains in understanding megaprojects at the project level. This paper aims to identify TIC’s influencing factors and transmission paths and discuss stakeholders’ TIC mechanisms at the project level.

Based on case analysis, expert interviews, literature analysis and the Delphi method, this paper identifies the influencing factors of TIC in megaprojects at the project level. A structural system of these influencing factors is constructed by interpretive structural modeling (ISM), developing various mechanisms for TIC from bottom to top. The Matriced’ Impacts Croisés Multiplication Appliquée à un Classement (MICMAC) method validates the driving forces and dependencies of the influencing factors, clarifying their roles and positions within the system. Additionally, the TIC mechanism is constructed.

The research findings identify 26 influencing factors categorized into four hierarchical levels: cooperative relationships, cooperative behavior, cooperative performance and technological innovation risks. Regarding direct factors, resource sharing affects goal congruence and communication effectiveness in megaprojects, affecting TIC’s satisfaction and trust. Most factors exist in the middle layer, and bridging the upper and lower levels depends on stakeholder collaboration. The root factors in the independent group significantly impact TIC, including policy circumstances, high technical requirements and limited site conditions. Addressing these issues influences improvements in other factors. The development of a digital resource-sharing platform, the enhancement of innovation incentives, the optimization of benefit distribution mechanisms and the improvement of risk-sharing mechanisms are essential for the effective operation of the TIC mechanism.

This study contributes to identifying and classifying challenges and opportunities in TIC. It explores transmission paths for enhancing TIC and presents strategies for successfully implementing and delivering megaprojects.

To deepen the structural reform of the financial system on the supply side and mitigate associated risks in the economic and financial fields, with significant practical implications for FinTech development.

Based on microdata of listed companies, this paper constructs multi-level indicators of FinTech development. Robustness tests include alternative measures of the degree of long-term use of short-term debts, sample adjustments and heterogeneity in firm characteristics and regional differences.

FinTech can significantly alleviate the long-term use of short-term corporate debt, although there are heterogeneous effects. The alleviation effect is more pronounced for state-owned enterprises, non-technology-intensive enterprises and other companies with lower levels of short-term debt maturity. Additionally, in regions with high capital mismatch and high levels of financial development, FinTech exhibits a significant suppressive effect on the long-term use of short-term corporate debt.

The paper suggests promoting the diversification of FinTech products, emphasizing the importance of inclusive finance through FinTech, and driving China’s economic transformation and high-quality development.

By constructing a theoretical analysis framework of “FinTech—corporate investment and financing term mismatch,” this paper provides a multi-level estimation of the factors influencing FinTech’s impact on the long-term use of short-term corporate debt. This framework aids in developing a more dialectical and objective understanding of the economic effects of FinTech’s development.

The purpose of this study is to reduce the residual stress in welded workpieces, optimize the vibratory stress relief treatment process through the use of a vibration generator and enhance the durability and longevity of the workpiece by developing a vibratory stress relief robot that incorporates a multi-manipulator system.

The multi-manipulator combination work is designed so that each manipulator is deployed according to the requirements of vibration stress relief work. Each manipulator works independently and coordinates with others to achieve multi-dimensional vibratory stress relief of the workpiece. A two-degree-of-freedom mobile platform is designed to enable the transverse and longitudinal movement of the manipulator, expanding the working space of the robot. A small electromagnetic superharmonic vibration generator is designed to produce directional vibrations in any orientation. This design addresses the technical challenge of traditional vibration generators being bulky and unable to achieve directional vibrations.

The residual stress relief experiment demonstrates that the residual stress of the workpiece is reduced by approximately 73% through three-degree-of-freedom vibration. The multi-dimensional vibration effectively enhances the relief effect of residual stress, which is beneficial for improving the strength and service life of the workpiece.

A new multi-manipulator robot is proposed to alleviate the residual stress generated by workpiece welding by integrating vibratory stress relief with robotics. It is beneficial to reduce material and energy consumption while enhancing the strength and service life of the workpiece.

Generation Z (Gen Z) is entering the hotel workforce and will soon become the dominant group. This has called for a better understanding of this workforce’s attitudes and perceptions towards working in the hotel industry. This study aims to examine the effect of organizational socialization on the retention of Chinese Gen Z employees, the mediating role of person–environment fit (P-E fit) and the moderating effect of career commitment.

Time-lagged data were collected from 426 Gen Z new employees from 20 upscale hotels at two different times (2 weeks and 12 weeks after the employees entered the hotel). Confirmatory factor analysis, structural equation modeling, bootstrapping analysis and moderated hierarchical regression analyses were used for data analysis.

Organizational socialization positively affects employee retention via person–environment fit. Moreover, career commitment positively moderates the relationship between person–environment fit and employee retention.

Hotels must view organizational socialization as a long-term investment in Gen Z talent management by offering effective training through diverse methods, creating a collaborative environment and helping them develop career plans to enhance their career commitment.

This study unpacks the four dimensions of organizational socialization and investigates their differential effects on Gen Z employees’ retention through P-E fit. The moderating role of career commitment is also examined. This study contributes to the growing body of hospitality human resources management research on this new generation of workforce in China.

In a reflection of individuals’ interest in maintaining a healthy lifestyle, nutraceutical restaurants, which provide health benefits, have emerged on the market. However, little is known about the underlying factors and mechanisms of the consumption of nutraceutical foods. Therefore, grounded in an extended cognitive–affective–conative model, this study examines the role of dining motivations and restaurant attributes in explaining an integrated model that focuses on customers’ loyalty formation process.

Data were collected from 893 Chinese customers who had recently dined at traditional Chinese medicine restaurants. Using partial least squares structural equation modeling, this study examined the structural relationships among dining motivations, restaurant attributes, customers’ perceived benefits, overall satisfaction, place attachment and revisit intentions.

The results of a confirmatory factor analysis revealed that two main motivations (i.e. health and traditional culture) and five restaurant attributes (i.e. food, service staff food recommendation, service staff service quality, furniture and tableware and atmosphere) are stimuli that influence customers’ perceived benefits. This study also revealed that four types of perceived benefits (functional, emotional, social and epistemic) significantly affect overall satisfaction and place attachment, which determine revisit intentions.

The findings of this study help identify not only important dining motivations and restaurant attributes but also their roles in loyalty formation with respect to traditional Chinese medicine restaurants. Thus, the results contribute to an improved understanding of how to satisfy customers’ dining motivations and efficiently manage restaurant attributes to strengthen customer loyalty.

This study is among the first to simultaneously examine the effects of customer motivation and restaurant attributes and to explain how they affect customer loyalty behaviors at traditional Chinese medicine restaurants.