Ya-ru Yang, Jianqiong Wang and Wentao Lou
The purpose of this paper is to analyze the interaction between internal factors of corporate governance, especially the relationship between equity checks and balances and…
Abstract
Purpose
The purpose of this paper is to analyze the interaction between internal factors of corporate governance, especially the relationship between equity checks and balances and corporate social responsibility (CSR), and further analyze the mediating of green innovation performance and the moderating role of environmental uncertainty.
Design/methodology/approach
This study adopts a sample of Chinese A-share listed companies on the Shanghai and Shenzhen stock exchanges from 2012 to 2020 constructed a regulated mediation effect model, empirically tests the impact of equity checks and balances on CSR and the mediation and mediator roles of green innovation performance and environmental uncertainty.
Findings
(1) Equity checks and balances among shareholders have a significant positive impact on CSR. (2) Equity checks and balances have a positive impact on green innovation performance, green innovation performance has a positive impact on CSR and green innovation performance plays a partial mediation effect between equity checks and balances and CSR. (3) Additionally, environmental uncertainty not only moderates the relationship between Green Innovation Performance and CSR but also moderates the direct effect between equity balance and CSR, which verifies the existence of a moderated mediation effect.
Research limitations/implications
The study only considers listed companies on the Shanghai and Shenzhen stock markets as the research sample and does not include unlisted and gem enterprises.
Practical implications
The present research can offer some managerial implications about implementing equity checks and balances among shareholders, actively fulfilling CSR and developing new products.
Social implications
This study complements previous studies on the role of green innovation in corporate governance by exploring the impact of green innovation on equity checks and balances and CSR. And this study explores the dynamic moderating of environmental uncertainty within enterprises and provides another explanation for the mixed results of equity checks and balances, green innovation performance and CSR.
Originality/value
By demonstrating the influence of the ownership structure of A-shares listed companies on CSR, this paper provides a new and comprehensive theoretical framework to examine the interaction between equity checks and balances, green innovation performance, environmental uncertainty and CSR. The results can be used as a reference for corporate governance, improving innovation performance and fulfilling CSR.
Details
Keywords
Ya-ru Yang, Xiao-lin Han, Xin Wang and Jing-yi Yu
Based on the principal–agent and stakeholder theories, this study aims to put forward an intermediary model to verify the intermediary role of corporate social responsibility…
Abstract
Purpose
Based on the principal–agent and stakeholder theories, this study aims to put forward an intermediary model to verify the intermediary role of corporate social responsibility (CSR) in executive equity incentives and corporate innovation performance to improve corporate innovation performance.
Design/methodology/approach
The 2012–2018 A-share listed companies’ disclosure of executive equity incentives data was used as the research sample. This study used CSR as an intermediary to explore the relationship between executive equity incentives and corporate innovation performance. A verification analysis was carried out.
Findings
The research results show that: a positive correlation exists between executive equity incentives and corporate innovation performance, and executives’ reasonable equity incentives can promote the growth of corporate innovation performance. A positive correlation exists between executive equity incentives and CSR. Implementing equity incentives for executives can stimulate their motivation to assume CSR. A positive correlation exists between CSR and corporate innovation performance. The more a company fulfills its social responsibility, the more it can promote the improvement of corporate innovation performance. CSR plays a mediating role between executive equity incentives and corporate innovation performance. CSR promotes executive equity incentives’ impact on corporate innovation performance and exerts a “complete mediating effect” between the two.
Research limitations/implications
The number of samples and the time span of samples can be expanded in the future. This research has tested the mediating effect of CSR, but other mediating variables may play a role in the process of executive equity incentives in promoting corporate innovation performance. Further research should be conducted to explore the mediating effect of financing constraints and media attention on corporate innovation performance. This study only verifies the influence of equity incentives on CSR and innovation performance of senior executives. In the future, other incentive methods should be explored, such as salary incentives.
Practical implications
Foreign research on equity incentives has matured, but the experience of foreign countries cannot necessarily produce the expected effect in China. More than ten years have passed since the China A-share market began implementing equity incentives on December 31, 2005. As of December 31, 2017, about one-third of enterprises in the high-tech industry that had introduced equity incentives had stopped implementing the policy. Data from 2012 to 2018 were selected to analyze the relationship between executive equity incentives, CSR and corporate innovation performance to explore the influence mechanism of equity incentives. This study provides a comprehensive theoretical framework to examine the interaction among executive equity incentives, CSR and corporate innovation performance. Because most previous studies have focused on the relationship between executive equity incentives, CSR and corporate innovation performance, they are rarely been used as an intermediary variable to explore the impact of executive equity incentives on corporate innovation performance. This study explores the impact of executive equity incentives on corporate innovation performance under the influence of CSR. Moreover, this study explores the mediating role of CSR in corporate governance, which provides a new perspective for CSR research and verifies relevant literature on the mediating effect model.
Social implications
Research countermeasures and suggestions: the research results are significant for enterprises implementing executive equity incentives, fulfilling CSR, enhancing corporate reputation, improving corporate innovation performance and ultimately obtaining market competitiveness. Therefore, the following suggestions are proposed: establish and improve the executive equity incentive mechanism and strengthen the promotion effect of executive equity incentives in CSR and corporate innovation performance. Strengthen the awareness of enterprises to actively fulfill CSR and give full play to the role of CSR in promoting corporate innovation performance. Improve the profitability of enterprises and focus on the promotion effect of enterprise profitability on corporate innovation performance.
Originality/value
This study focuses on executive equity incentives and introduces CSR as an intermediary variable to explore the influence path of executive equity incentives on corporate innovation performance. Based on the research results, this study takes targeted measures to improve corporate innovation performance and maintain its healthy growth of corporate innovation performance. This is significant in enhancing enterprises’ core competitiveness and promoting the enterprise economy’s sustainable development. Meanwhile, the enterprise has significant reference value in actively fulfilling its CSR and realizing its stable and healthy development.
Details
Keywords
Leonid Anatolevich Olenev, Rafina Rafkatovna Zakieva, Nina Nikolaevna Smirnova, Rustem Adamovich Shichiyakh, Kirill Aleksandrovich Ershov and Nisith Geetha
This study aims to present a more accurate lifetime prediction model considering solder chemical composition.
Abstract
Purpose
This study aims to present a more accurate lifetime prediction model considering solder chemical composition.
Design/methodology/approach
Thermal cycling and standard creep tests as well as finite element simulation were used.
Findings
The study found lower error in the solder joint lifetime evaluation. The higher the Ag content is, the higher the lifetime is achieved.
Originality/value
It is confirmed.
Details
Keywords
In this chapter, I develop a model concerning effects of paternalistic organizational control on group creativity. I develop the model on the basis of a diverse set of…
Abstract
In this chapter, I develop a model concerning effects of paternalistic organizational control on group creativity. I develop the model on the basis of a diverse set of literatures, including research on individual and group creativity, paternalistic leadership, self-systems theory, and its implications for impact of choice on intrinsic motivation. According to this model, (a) paternalistic organizational control enhances work group creativity for groups in the East; (b) the impact of paternalistic organizational control on group creativity is mediated by groups’ intrinsic motivation; and (c) national culture (i.e., East versus West) moderates the relationship between organizational control and group intrinsic motivation (and subsequently, group creativity) in such a way that organizational control would enhance intrinsic motivation (and creativity) for groups in the East, but it would inhibit intrinsic motivation (and creativity) for groups in the West.
Ya-Ru Chen, Sally Blount and Jeffrey Sanchez-Burks
Drawing from findings in sociology and anthropology on time as a symbol of status, this paper examines the role that status differentials affect how group members internally align…
Abstract
Drawing from findings in sociology and anthropology on time as a symbol of status, this paper examines the role that status differentials affect how group members internally align the pace of their activities over time (group synchronization). We examine the psychological process of group synchronization from the perspective of the individual, the nature of status differentials in work groups, and how one’s status within a group affects a person’s willingness to adjust the timing of his/her activities to match other people’s timing. We then identify three types of status structures within work groups and analyze how each affects the group’s ability to synchronize. We close by considering the implications of our approach for better understanding temporal dynamics in work groups.
This chapter examines the underlying concerns people have for relative status within their group (i.e., intragroup status) and their group's relative status to that of other…
Abstract
This chapter examines the underlying concerns people have for relative status within their group (i.e., intragroup status) and their group's relative status to that of other groups (i.e., intergroup status). I adopt a deductive approach using arguments and evidence in the cross-cultural research and literature. I begin by reviewing the basic findings in social psychology and organizational behavior literatures, which suggest that both intragroup status and intergroup status will have positive impact on important group outcomes such as people's evaluation of, and commitment to, the group. Moreover, consistent with the notion of the fishpond phenomenon, past findings also suggest that those with high-intragroup status and low-intergroup status show more group-oriented reactions than those with low-intragroup status and high-intergroup status (i.e., people prefer to be a big fish in a small pond than a small fish in a big pond). Next, I provide both psychological and structural reasoning to argue that the fishpond phenomenon will be less likely to emerge in collectivistic than individualistic cultures. I close by considering the implications from the cross-cultural analysis to the broader conceptual understanding of mechanisms underlying people's concerns for intragroup status vs. intergroup status in work groups and organizations.
Roy Yong-Joo Chua and Michael W. Morris
Interpersonal trust is an important element of Chinese guanxi network. In this chapter, we examine Chinese guanxi network from a trust perspective. We adopt the distinction that…
Abstract
Interpersonal trust is an important element of Chinese guanxi network. In this chapter, we examine Chinese guanxi network from a trust perspective. We adopt the distinction that trust could be built on either a socio-emotional basis (affect-based trust) or an instrumental basis (cognition-based trust) and use this lens to examine cultural differences in Chinese and Western social networks. Specifically, we will discuss (a) how the two dimensions of trust are related in the Chinese versus American context, and (b) how affect-based trust is associated with different forms of social exchange in Chinese versus American social networks. Because dyadic relationships are embedded within larger social networks, trust between two network actors is also likely to be influenced by the social context that surrounds them. Hence, we also examine how dyadic trust is shaped by higher-level network properties such as density.
Mikhail A. Sheremet, Teodor Grosan and Ioan Pop
The purpose of this paper is to study numerically the steady thermal convection in a chamber filled with a nanoliquid affected by a chemical reaction using the single-phase…
Abstract
Purpose
The purpose of this paper is to study numerically the steady thermal convection in a chamber filled with a nanoliquid affected by a chemical reaction using the single-phase nanofluid approximation.
Design/methodology/approach
Water was considered as a host fluid while nanoparticles are aluminum oxide. Homogeneous reactions are analyzed. The nonlinear partial differential equations describing the considered problem are simulated using the finite difference technique.
Findings
The results of streamlines, isotherms, isoconcentrations, nanofluid flow rate, mean Nusselt and Sherwood numbers are discussed. The data demonstrate that the mean Sherwood number increases with the homogeneous reaction rate. Further, nanofluid flow rate can be increased with nanoparticles concentration for high Rayleigh numbers owing to the homogeneous chemical reaction inside the cavity.
Originality/value
Searching the existent references illustrates that the homogeneous-heterogeneous reactions influence on the nanoliquid motion and energy transport within enclosures has not been investigated before. The results of this paper are completely original and the numerical results of the present paper were never published by any researcher.
Details
Keywords
Tanya Menon and Jeanne Ho-Ying Fu
Personal agency is often considered the hallmark of the independent self. By contrast, interdependent selves are viewed as fitting into groups, adjusting to situations, and…
Abstract
Personal agency is often considered the hallmark of the independent self. By contrast, interdependent selves are viewed as fitting into groups, adjusting to situations, and minimally asserting themselves. This characterization of the interdependent self as a “non-agent” assumes that personal and group agency are inimical to one another. We propose that group agency does not simply constrain personal agency, it also substitutes for personal agency, coexists with personal agency, and enhances personal agency. Further, we examine how independent selves experience constraint, a similarly underrepresented theme. These arguments introduce more nuanced conceptions of how independent and interdependent selves exercise agency.
Ioan Pop, Mikhail Sheremet and Dalia Sabina Cimpean
The main purpose of this numerical study is to provide a solution for natural convection in a partially heated, wavy cavity filled with a nanofluid using Buongiorno’s nanofluid…
Abstract
Purpose
The main purpose of this numerical study is to provide a solution for natural convection in a partially heated, wavy cavity filled with a nanofluid using Buongiorno’s nanofluid model.
Design/methodology/approach
The domain of interest is a two-dimensional cavity bounded by an isothermal left wavy wall, adiabatic horizontal flat walls and right flat wall with a partial isothermal zone. To study the behaviour of the nanofluid, a two-phase Buongiorno mathematical model with the effects of the Brownian motion and thermophoresis is used. The governing dimensionless partial differential equations with corresponding boundary conditions were numerically solved by the finite difference method of the second-order accuracy using the algebraic transformation of the physical wavy cavity in a computational rectangular domain. The study has been conducted using the following values of the governing parameters: Ra = 104-106, Le = 10, Pr = 6.26, Nr = 0.1, Nb = 0.1, Nt = 0.1, A = 1, κ = 1-3, b = 0.2, hhs/L = 0.25, h1/L = 0.0-0.75 and τ = 0-0.25.
Findings
It is found that an increase in the undulation number leads to a weak intensification of convective flow and a reduction of
Originality/value
The originality of this work is to analyse the natural convection in a partially heated wavy cavity filled by a nanofluid using Buongiorno’s nanofluid model. The results will benefit scientists and engineers to become familiar with the flow behaviour of such nanofluids, and the way to predict the properties of this flow for possibility of using nanofluids in advanced nuclear systems, in industrial sectors including transportation, power generation, chemical sectors, ventilation, air-conditioning, etc.