Leaders are under increasing pressure to cultivate an engaged workforce in responsible ways, but how and when responsible leadership is related to employee work engagement remains…
Abstract
Purpose
Leaders are under increasing pressure to cultivate an engaged workforce in responsible ways, but how and when responsible leadership is related to employee work engagement remains unclear. Hence, this study aims to unfold the responsible leadership–work engagement relationship by exploring the mediating role of intrinsic corporate social responsibility (CSR) attributions and the moderating role of interactional justice.
Design/methodology/approach
A multiphase sample of 225 was collected from employees from the Chinese manufacturing industry. Hierarchical regression and PROCESS macro in SPSS were used to test the authors’ moderated mediation model.
Findings
The results demonstrate that responsible leadership is directly related to work engagement and indirectly related to it via employees' intrinsic CSR attributions. Interactional justice significantly strengthens the positive relationship between responsible leadership and intrinsic CSR attributions as well as the mediating effects of intrinsic CSR attributions.
Practical implications
To cultivate an engaged workforce that improves organizational effectiveness, firms and managers should facilitate responsible leadership, signal sincere motives of CSR activities and enhance fair interpersonal treatment at work. These can also be helpful in various fields (e.g. promoting public trust).
Originality/value
Based on social learning theory and attribution theory, this study empirically reveals the role of responsible leadership in enhancing work engagement. It sheds new light on the psychological mechanism and the boundary condition explaining how and when this linkage occurs, which advances research on responsible leadership and the individual-level analysis of CSR.
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Xiaosong Dong, Wenli Cao and Yeqing Bao
This paper provides the strategic direction and coordination mechanism selection for the intelligent transformation of manufacturing enterprises.
Abstract
Purpose
This paper provides the strategic direction and coordination mechanism selection for the intelligent transformation of manufacturing enterprises.
Design/methodology/approach
A theoretical framework is developed through grounded theory and case analysis.
Findings
Collaboration value is the building block of the intelligent product ecosystem. The ecosystem is upgraded via a path of product coordination, platform coordination and network coordination.
Practical implications
This paper provides a framework for enterprises to build an intelligent product ecosystem.
Originality/value
The proposed intelligent product ecosystem framework is new to the literature and lays down a fruitful avenue for future research.
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Nan Zhou, Wenli Cheng and Longyao Zhang
This study assesses the impact of microfinance experience on rural households’ subsequent bank credit access, defined as the stepping-stone effect. We evaluate the average impact…
Abstract
Purpose
This study assesses the impact of microfinance experience on rural households’ subsequent bank credit access, defined as the stepping-stone effect. We evaluate the average impact, heterogeneity and mechanisms of this effect and draw policy implications.
Design/methodology/approach
Based on 2018 survey data from 2,347 rural households in six Chinese provinces, this study uses the IV-Probit model to evaluate the stepping-stone effect.
Findings
The microfinance experience increases rural households’ probability of obtaining subsequent bank credit by six percentage points. Whether distinguished by social capital or economic wealth, this effect is at least as significant among households previously excluded from bank credit as it is among those originally favored by bank credit. Two mechanisms behind this effect are identified: (1) the microfinance experience provides financial education, transforming hidden demand for bank credit into effective demand and (2) the microfinance experience creates a credit record in the National Credit Information System, increasing the ability to obtain bank credit by providing banks with credible credit information.
Originality/value
This study provides evidence of a progressive relationship in which microfinance acts as a stepping stone to deliver “credit graduate” clients to bank credit. And we also provide a different perspective for understanding MFIs’ relatively high interest rates. We may treat a part of the interest payment as a tuition for financial education and a price for credit information.
Highlights
- (1)
We study whether microfinance in China had the stepping-stone effect of improving a rural household’s subsequent access to bank credit and investigate the likely mechanisms behind it.
- (2)
Microfinance served as a stepping stone to bank credit: the microfinance experience increases rural households’ probability of obtaining subsequent bank credit by six percentage points.
- (3)
Whether distinguished by social capital or economic wealth, this effect is at least as significant among households previously excluded from bank credit as it is among those originally favored by bank credit.
- (4)
On the credit demand side, the microfinance experience provides financial education, transforming hidden demand for bank credit into effective demand.
- (5)
On the credit supply side, the microfinance experience creates a credit record in the National Credit Information System, increasing the ability to obtain bank credit by providing banks with credible credit information.
We study whether microfinance in China had the stepping-stone effect of improving a rural household’s subsequent access to bank credit and investigate the likely mechanisms behind it.
Microfinance served as a stepping stone to bank credit: the microfinance experience increases rural households’ probability of obtaining subsequent bank credit by six percentage points.
Whether distinguished by social capital or economic wealth, this effect is at least as significant among households previously excluded from bank credit as it is among those originally favored by bank credit.
On the credit demand side, the microfinance experience provides financial education, transforming hidden demand for bank credit into effective demand.
On the credit supply side, the microfinance experience creates a credit record in the National Credit Information System, increasing the ability to obtain bank credit by providing banks with credible credit information.
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Keywords
The profound impact of the COVID-19 pandemic on the film industry has underscored the growing significance of online movies. However, there is limited research available on the…
Abstract
Purpose
The profound impact of the COVID-19 pandemic on the film industry has underscored the growing significance of online movies. However, there is limited research available on the factors that influence the viewership of online films. Therefore, this study aims to use the signaling theory to investigate how signals of varying qualities affect online movie viewership, considering both signal transmission costs and prices.
Design/methodology/approach
This study uses a sample of 1,071 online movies released on the iQiyi from July 2020 to July 2022. It uses OLS regression and instrumental variable method to examine the impact of various quality indicators on the viewership of online movies, as well as the moderating effect of price.
Findings
After conducting a thorough analysis of this study, it can be deduced that the varying impacts on online movie viewership are attributed to disparities in signal transmission costs. Specifically, star influence and rating exhibit a positive effect on the viewership of online movies, whereas the number of raters has a detrimental impact. Furthermore, there exists an “inverted U-shaped” relationship between the number of reviews and online movie viewership. Additionally, within the consumer decision-making process, both price-cost and price-quality relationships coexist. This is evident as prices negatively affect online movie viewership but positively moderate the relationship between rating, number of reviews and online movie viewership.
Originality/value
The research findings of this study offer valuable insights for online film producers to effectively leverage quality signals and pricing, thereby capturing market attention and enhancing film profitability.
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This paper aims to determine to what extent hotels and peer-to-peer (P2P) facilities are substitutes for travelers. It then examines whether hotels target business travelers and…
Abstract
Purpose
This paper aims to determine to what extent hotels and peer-to-peer (P2P) facilities are substitutes for travelers. It then examines whether hotels target business travelers and P2P facilities target leisure travelers.
Design/methodology/approach
The author collected characteristics of Shanghai hotels and P2P facilities from websites to determine on what basis the two accommodation types compete. The author then conducted a modified importance-performance analysis (IPA) to determine the relationship between accommodations' provision of these characteristics and their importance to Chinese business and leisure travelers.
Findings
The characteristics of hotels and P2P facilities systematically differ, and travelers perceive these differences as important. While the differences are significant across all price ranges, they are smaller for budget hotels than for high-end hotels. The modified IPA indicates that P2P facilities appeal more to leisure travelers than to business travelers. Yet hotels better satisfy the requirements of both types of travelers.
Practical implications
The findings imply that P2P facilities can target lower- and middle-income vacationing families by charging lower prices. High-end hotels can compete by providing more diverse services and greater value to business travelers and higher-income leisure travelers. Budget hotels can reduce costs by not providing non-essential characteristics.
Originality/value
This paper contributes to the discussion of the competition between hotels and P2P facilities by focusing on the Shanghai market. It uses the modified IPA to derive implications for lodging market segmentation.