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Article
Publication date: 4 April 2016

Xiaohong Zhang, Gaowen Tang and Zhaohong Lin

Based on the theory of “optimal contracting approach” and “the managerial power approach”, this paper aims to investigate whether senior executives of listed companies in China…

2089

Abstract

Purpose

Based on the theory of “optimal contracting approach” and “the managerial power approach”, this paper aims to investigate whether senior executives of listed companies in China make use of their power to gain their own private benefits. The paper also compares compensation contracts between state- and private-owned enterprises to test whether there is a significant difference between senior executives from different ownership types of enterprises in terms of compensation contracts.

Design/methodology/approach

The paper raises four hypotheses based on the theories of “company agency”, “optimal contracting approach” and “managerial power approach”. After that, 5,680 A-share-listed companies of stock market in Shanghai and in Shenzhen Stock Market from 2008 to 2012 were taken as research samples to conduct a series of research analysis, including t-test, reliability analysis and regression analysis, with the help of SPSS 18.0.

Findings

The senior executives of listed companies in China could make use of their power to increase their own salary to gain power pay and, at the same time, company performance, company size and other factors that are important to influence the executive compensation. This paper further argues that senior executives of private-owned listed companies are more likely to use their power to obtain power pay and increase their own compensation. Additionally, the agency costs of Chinese listed companies are negatively related to the performance pay of senior executives, whereas there is no obvious negative correlation with the power pay of senior executives.

Practical implications

This paper takes multiple, in-depth approaches to study the relationship among managerial power, agency cost and executive compensation and to find out the differences in compensation contracts of senior executives between private-owned listed companies and state-owned companies. It also provides necessary suggestions to ensure the interests of stockholders, such as: optimizing the management structure of listed companies; improving the transparence of information disclosure of listed companies; establishing effective mechanism of incentive and constraint; and improving and standardizing the market of professional managers.

Social implications

The compensation contract of senior executives in China is critical to enhance enterprises’ performance, and it will become an important factor that will facilitate the interests of stockholders and management. However, this paper argues that some phenomena of over-payment of senior executives in listed companies cannot be explained by the theory of “optimal contracting approach”, but it is necessary and important to compare the differences of compensation contract of senior executives between private-owned listed companies and state-owned companies. A series of findings are proposed in this paper.

Originality/value

This paper made use of a principal analysis to extract the main factors that could represent the managerial power from different angles. In addition, this paper also compared the differences between compensation contracts of senior executives between private-owned listed companies and state-owned companies. Additionally, in this paper, the compensation of senior executives was divided into “power compensation” and “performance compensation”, which were used to test the relationship with the management cost of companies.

Details

Chinese Management Studies, vol. 10 no. 1
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 29 September 2023

Ata Jahangir Moshayedi, Nafiz Md Imtiaz Uddin, Xiaohong Zhang and Mehran Emadi Andani

This paper aims to explore and review the potential of robotic rehabilitation as a treatment approach for Alzheimer’s disease (AD) and its impact on the health and quality of life…

Abstract

Purpose

This paper aims to explore and review the potential of robotic rehabilitation as a treatment approach for Alzheimer’s disease (AD) and its impact on the health and quality of life of AD patients.

Design/methodology/approach

The present discourse endeavors to provide a comprehensive overview of extant scholarly inquiries that have examined the salience of inhibitory mechanisms vis-à-vis robotic interventions and their impact on patients with AD. Specifically, this review aims to explicate the contemporary state of affairs in this realm by furnishing a detailed explication of ongoing research endeavors. With the objective of elucidating the significance of inhibitory processes in robotic therapies for individuals with AD, this analysis offers a critical appraisal of extant literature that probes the intersection of cognitive mechanisms and assistive technologies. Through a meticulous analysis of diverse scholarly contributions, this review advances a nuanced understanding of the intricate interplay between inhibitory processes and robotic interventions in the context of AD.

Findings

According to the review papers, it appears that implementing robot-assisted rehabilitation can serve as a pragmatic and effective solution for enhancing the well-being and overall quality of life of patients and families engaged with AD. Besides, this new feature in the robotic area is anticipated to have a critical role in the success of this innovative approach.

Research limitations/implications

Due to the nascent nature of this cutting-edge technology and the constrained configuration of the mechanized entity in question, further protracted analysis is imperative to ascertain the advantages and drawbacks of robotic rehabilitation vis-à-vis individuals afflicted with Alzheimer’s ailment.

Social implications

The potential for robots to serve as indispensable assets in the provision of care for individuals afflicted with AD is significant; however, their efficacy and appropriateness for utilization by caregivers of AD patients must be subjected to further rigorous scrutiny.

Originality/value

This paper reviews the current robotic method and compares the current state of the art for the AD patient.

Details

Robotic Intelligence and Automation, vol. 43 no. 6
Type: Research Article
ISSN: 2754-6969

Keywords

Article
Publication date: 7 November 2016

Yingjie Qiao, Xiaodong Wang, Xiaohong Zhang and Zhipeng Xing

The purpose of this paper is to investigate the preparation and the flexural property of hollow glass microspheres (HGMs) filled resin-matrix composites, which have been widely…

Abstract

Purpose

The purpose of this paper is to investigate the preparation and the flexural property of hollow glass microspheres (HGMs) filled resin-matrix composites, which have been widely applied in deep-sea fields.

Design/methodology/approach

The composites with different contents of HGMs from 47 to 57 Wt.% were studied. The voids in syntactic foams and their flexural properties were investigated.

Findings

The results showed that the voids quantity increased because of the increment of HGM content, whereas the exural strength and the exural modulus decreased. The fracture mechanism of the composites was also investigated by scanning electron microscope, which indicated that the composites failed by the crack extending through the microspheres.

Research limitations/implications

The advantages of HGMs with similar hollow spheres will be further investigated in a future research.

Practical implications

Results demonstrated that the properties of the composite might be tailored for specific application conditions by changing the HGM volume fraction.

Originality/value

The HGM filled resin-matrix composite materials have their unique properties and significant application potential. In this work, the resin-HGM composites were synthesized by mechanically mixing defined quantities of HGMs into epoxy resin, by which a kind of syntactic foams with good flexural properties could be obtained.

Details

Pigment & Resin Technology, vol. 45 no. 6
Type: Research Article
ISSN: 0369-9420

Keywords

Article
Publication date: 2 November 2015

Xiaohong Zhang, Chengfeng Long, Yanbo Wang and Gaowen Tang

This paper aims to study the impact of individual relationships on tacit knowledge sharing in the company setting of compulsory bond, expressive bond, instrumental bond and…

1904

Abstract

Purpose

This paper aims to study the impact of individual relationships on tacit knowledge sharing in the company setting of compulsory bond, expressive bond, instrumental bond and self-monitoring by empirical explorations.

Design/methodology/approach

The paper raises seven hypotheses that focus on the impact of employees’ relationship with tacit knowledge sharing in knowledge-intensive industries and positions based on relationship theory. Before distributing the formal questionnaires, a pre-research was done in a college by collecting comments and suggestions so as to correct and modify the questionnaires. A four-page questionnaire based on the Likert scale with 45 questions was used for data collection, and 210 valid questionnaires were collected from a research institute, a software company and an educational institute. Finally, SPSS17.0 was used to analyze these data, including reliability analysis, validity analysis, correlation analysis and regression analysis, etc.

Findings

The findings include: there is a positive correlation between employees’ compulsory bond and the efficiency of tacit knowledge sharing; there is a positive correlation between employees’ expressive bond and the efficiency of tacit knowledge sharing; there is a negative correlation between employees’ instrumental bond and the efficiency of tacit knowledge sharing; the more apt employees are at self-monitoring, the more effectively they will share tacit knowledge; the interaction between compulsory bonds and self-monitoring has a positive and stimulating impact on tacit knowledge sharing; the interaction between expressive bonds and self-monitoring has a positive and stimulating impact on tacit knowledge sharing; and the interaction between instrumental bonds and self-monitoring has a certain impact on tacit knowledge sharing.

Research limitations/implications

However, the efficiency of tacit knowledge sharing cannot be measured easily and how to share the tacit knowledge based on employees’ relationships should be further concerned by knowledge industries.

Practical implications

This paper illustrates multiple, in-depth approaches to research on knowledge sharing. It shows why it is important to pay attention to employees’ relationships during the process of tacit knowledge sharing. The author argued some key factors such as compulsory bond, emotional bond and self-monitoring that may have a certain impact on the tacit knowledge sharing. The paper also further discussed the influence on the sharing of tacit knowledge as for the interaction between different relationship types and self-monitoring.

Social implications

The knowledge is critical to enhance enterprises’ performance, and it will become more useful when the new knowledge is shared with others. However, tacit knowledge cannot be measured easily, and how to share the tacit knowledge based on employees’ relationships should be further concerned by knowledge industries. A series of findings are proposed in this paper.

Originality/value

Integrating the knowledge of different individuals, of which 90 per cent is tacit knowledge, in an organization that engages in producing products and providing service is instrumental to the sustainability and productivity of that organization. This study addressed the factors and dynamics of tacit knowledge sharing that can be used in knowledge management to effectively capture, store and disseminate tacit knowledge across an organization.

Details

Chinese Management Studies, vol. 9 no. 4
Type: Research Article
ISSN: 1750-614X

Keywords

Content available
Article
Publication date: 7 April 2015

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Abstract

Details

Chinese Management Studies, vol. 9 no. 1
Type: Research Article
ISSN: 1750-614X

Open Access

Abstract

Details

Journal of International Logistics and Trade, vol. 2 no. 2
Type: Research Article
ISSN: 1738-2122

Article
Publication date: 5 July 2021

Shaopeng Zhang, Xiaohong Wang and Ben Zhang

The purpose of this paper is to examine the influence of the innovation ability of universities (IAU) on the efficiency of University–Industry knowledge flow and investigate…

Abstract

Purpose

The purpose of this paper is to examine the influence of the innovation ability of universities (IAU) on the efficiency of University–Industry knowledge flow and investigate whether the level of provincial innovative agglomeration (PIA) moderates the relationship between IAU and the efficiency of the University–Industry knowledge flow.

Design/methodology/approach

This study uses the super-efficiency data envelopment analysis model to measure knowledge research efficiency (KRE) and knowledge transformation efficiency (KTE) and then studies the influencing mechanism of the two kinds of efficiency using the spatial Tobit model with panel data from 2008 to 2017.

Findings

The results show that the overall KRE in Chinese universities is higher than the KTE. IAU has a significantly positive impact on KRE and KTE. PIA has a significantly inverted U-shaped influence on KRE and KTE and positively moderates the promoting effect of IAU on KRE and KTE.

Research limitations/implications

Due to the limitations of the data, this paper only selects several secondary indicators to measure KRE and KTE with reference to previous studies.

Practical implications

This study enriches the future research of University–Industry cooperation and knowledge flow and it is conducive to promoting the efficiency of University–Industry knowledge research and transformation from the perspective of universities, enterprises and local governments.

Originality/value

This study proposes the concept of University–Industry knowledge flow and divides the knowledge flow into the knowledge research stage and the knowledge transformation stage based on the knowledge supply chain theory. Moreover, the paper expands the theoretical framework of the impact of IAU on the efficiency of University–Industry knowledge flow and provides findings on the moderating effect of PIA.

Article
Publication date: 11 May 2020

Shilei Hu, Xiaohong Wang and Ben Zhang

This paper aims to examine the influence of individual and combined effects of the mode focused on scientific and technological-based innovation (STI) and the mode based on…

Abstract

Purpose

This paper aims to examine the influence of individual and combined effects of the mode focused on scientific and technological-based innovation (STI) and the mode based on learning by doing, by using and by interacting (DUI) on firms’ innovation performance and whether information technology (IT) moderates the relation between different innovation modes and firms’ innovation performance.

Design/methodology/approach

A conceptual model linking innovation modes, IT (including IT infrastructure and the frequency of IT usage) and firms’ innovation performance was developed, and the proposed hypotheses were tested empirically using World Bank’s micro survey data collected from manufacturing firms in an emerging market (China).

Findings

The results show that individually both STI mode of innovation and DUI mode of innovation have a significant positive effect on firms’ innovative performance, whereas the combined STI and DUI mode of innovation has a negative impact. IT infrastructure moderates the relation between STI (or STI and DUI) mode of innovation and firms’ innovation performance, while the frequency of IT usage has no moderating effects on the relationship between any kind of innovation modes and firms’ innovation performance.

Research limitations/implications

Although some results are quite different from what is expected, these are insightful for both academics and policymakers. The use of cross-sectional data has its limitations. Therefore, future studies based on longitudinal data should be conducted. This study points toward the need to conduct the meta-analysis to better explain the existing inconsistencies in the findings of relevant quantitative studies.

Practical implications

This study provides firm managers with practical implications. The conclusions of this study imply that the impact of the combined STI and DUI mode of innovation is likely to be contextual, so firms should make contingent decisions on whether to engage in STI mode of innovation and DUI mode of innovation simultaneously according to their own organizational conditions. Moreover, face-to-face contacts are particularly important when a firm engages in DUI mode of innovation. In addition, the focus of IT strategy of firms engaged in STI mode of innovation should be on perfecting their IT infrastructure rather than increasing the frequency of IT usage.

Originality/value

This paper provides new evidence for the relation between business innovation modes and firms’ innovation performance, and it is one of the few empirical studies that focus on emerging markets. More importantly, this paper proposes a persuasive explanation framework for understanding the heterogeneous impacts of the combined STI and DUI mode of innovation on firms’ innovation performance. This is the first study that examines the moderating effect of IT on the relationship between business innovation modes and a firm’s innovation performance.

Details

Chinese Management Studies, vol. 14 no. 4
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 25 June 2024

Zhihui Yang, Dongbin Hu and Xiaohong Chen

In the dynamic landscape of the digital economy, companies are increasingly adopting omnichannel integration strategies to enhance customer experiences. However, the interplay…

Abstract

Purpose

In the dynamic landscape of the digital economy, companies are increasingly adopting omnichannel integration strategies to enhance customer experiences. However, the interplay between this strategy and digitalisation in fostering brand trust remains uncharted. Drawing on the social exchange and psychological reactance theories, this study ventures into unexplored territory by examining the impact of omnichannel integration and digital value on brand trust building. It also delves into the boundary roles of customers’ psychological perceptions, both positive (customer empowerment) and negative (privacy concerns and perceived deception), in this process.

Design/methodology/approach

This study conducted an online survey of 595 omnichannel users in China and validated the model using partial least squares structural equation modelling (PLS-SEM).

Findings

This study’s results have significant implications for businesses. They show that customer perception of omnichannel integration and perceived digital value are critical drivers of omnichannel brand trust, with customer empowerment playing a mediating role. Notably, the study also reveals that customers’ negative psychological perceptions can have different moderating effects, highlighting the need for businesses to address these concerns in their omnichannel strategies.

Originality/value

This study breaks new ground in marketing research by highlighting the benefits of omnichannel integration and incorporating digital perspectives. It demonstrates the positive impact of blending customer perception of omnichannel integration and perceived digital value on brand trust formation. Furthermore, it explores the boundary roles of customers’ psychological perceptions in this process, offering a unique and comprehensive perspective.

Details

Internet Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1066-2243

Keywords

Article
Publication date: 10 August 2023

Dixuan Zhang, Xiaohong Wang and Shaopeng Zhang

Drawing on self-determination theory, this study reveals the formative and functional mechanism of entrepreneurial leadership and constructs an integrated model that combines…

Abstract

Purpose

Drawing on self-determination theory, this study reveals the formative and functional mechanism of entrepreneurial leadership and constructs an integrated model that combines objective and subjective career success.

Design/methodology/approach

Using data from 189 leaders from China, this study examined the relationship among cognitive style, social norms, entrepreneurial leadership and career success. Using SPSS version 25.0 and AMOS version 23.0, factor analysis, correlation, path analysis and moderation analysis were performed.

Findings

The results indicated that innovative cognitive style is positively related to entrepreneurial leadership, and this relationship is reinforced by social norms. Adaptive cognitive style is negatively related to entrepreneurial leadership, but this relationship is not regulated by social norms. Besides, this study found a significantly positive relationship between entrepreneurial leadership and objective career success, while entrepreneurial leadership does not demonstrate a significant relationship with subjective career success.

Originality/value

By combining subjective and the objective career success into entrepreneurial leadership research, the findings provide a new perspective for understanding what other experiences entrepreneurship can bring to leaders. Furthermore, the current study analyzes the informal institutional environment's promoting and impeding roles between cognitive style and entrepreneurial leadership.

Details

Leadership & Organization Development Journal, vol. 44 no. 6
Type: Research Article
ISSN: 0143-7739

Keywords

1 – 10 of 103