Strategic use of CSR as a signal for good management

More than thirty years of research exploring the link between corporate social responsibility (CSR) and corporate financial performance (CFP) could not provide a satisfying resolution to the tension exists between economic and social objectives. In this paper, we have contributed to the existing CSR literature both theoretically and empirically. On the theoretical side, we challenged the assumption that managers consider all stakeholders equally important and we contend that managers prioritize stakeholders instead. We also extend agency theory by suggesting that CSR may actually reduce monitoring costs since it has informative value about the quality of management.

Gainsharing: A Critical Review and a Future Research Agenda

This paper provides a critical review of the extensive literature on gainsharing. It examines the reasons for the fast growth in these programs in recent years and the major prototypes used in the past. Different theoretical formulations making predictions about the behavioral consequences and conditions mediating the success of these programs are discussed and the supporting empirical evidence is examined. The large number of a theoretical case studies and practitioner reports or gainsharing are also summarized and integrated. The article concludes with a suggested research agenda for the future

Do CEOs Ever Lose? Fairness Perspective on the Allocation of Residuals Between CEOs and Shareholders

In this study we introduce a justice perspective to examining the result of bargaining between CEOs and boards over the allocation of firm residuals that ultimately determines CEO compensation. Framing CEO pay as the result of bargaining between CEOs and boards focuses attention on the power of CEOs to increase their share of firm residuals in the form of increased compensation, and the diligence of boards of directors to constrain CEO opportunism. Framing this negotiation through a theory of justice offers an alternative perspective to the search for pay-performance sensitivity. We predict and find that as board diligence in controlling opportunism declines and CEO power increases, CEOs are increasingly able to capture a larger portion of firm residuals relative to shareholders. This finding supports critics who charge that CEO pay violates norms of distributive and procedural justice

Gainsharing and Mutual Monitoring: A Combined Agency-Procedural Justice Interpretation

This study examines the behavioral consequences of gainsharing using a combined theoretical framework that includes elements of agency and procedural justice theory. The hypothesis tested is that gainsharing as a collective form of incentive alignment results in increased mutual monitoring among agents (employees) when the plan is perceived to be procedurally fair. The hypothesis was supported in two separate firms using a quasi-experimental field study. The implications of the study for future extensions of agency theory to examine intraorganizational phenomena are discussed

Can institutional forces create competitive advantage? An empirical examination of environmental innovation

We examine institutional pressures as antecedents of environmental innovation. Drawing on institutional theory and a resource-based view of the firm, we argue that regulatory and normative forces influence companies' propensity to innovate in environment-related projects. Furthermore, we suggest that this relationship is contingent on the availability and specificity of the companies' resources. These relationships were tested using environmental patents and citations of 340 publicly-traded companies from polluting industries in the U.S. Results suggest that institutional pressures can be a source of competitive advantage, and regulatory forces are becoming more strongly associated with environmental innovations as the intensity of companies' R&D activities increase.environmental innovation; institutional theory; resource-based view;

Contextual factors and contingent reward leadership: employer adoption of telecommuting

Using a contingency perspective, this paper examines the conditions under which telecommuting is most likely to be adopted with data obtained from a sample of 122 CEOs. We hypothesized that telecommuting fits better in younger organizations, firms with a higher proportion of women and international employees in workforce, and companies that offer variable pay. We found evidence that confirm the prediction that telecommuting, a high proportion of international employees, and the use of variable compensation as an internal control mechanism tend to go hand in hand.

When is ambivalence good for family firms? : Understanding the impact of family managers' emotional ambivalence on decision making

Peer reviewedPostprin

Can family firms nurture socioemotional wealth in the aftermath of Covid-19? : Implications for research and practice

Funding The author(s) received no financial support for the research, authorship, and/or publication of this article.Peer reviewedPublisher PD

Socioemotional wealth preservation in family firms

In this article, we review literature on socioemotional wealth. We explain how the concept of socioemotional wealth builds on previous family firm research showing that family-owners derive utility from the nonfinancial aspects of their firm. We also discuss how family firms' need for socioemotional wealth preservation explains behavioral differences between family and nonfamily firms in managerial decision making. Finally, we discuss the current state of socioemotional wealth research and propose potential directions for future research

Análisis del marketing de contenidos en el engagement del fandom boy band BTS, 2023

El propósito de la investigación fue analizar el marketing de contenidos en el engagement del fandom boy band BTS, 2023. El estudio tuvo un enfoque cualitativo con diseño fenomenológico. Los instrumentos que se aplicaron fueron las fichas de observación de diez posts en la app Weverse, entrevistas a tres especialistas en Ciencias de la Comunicación y Marketing y un focus group a seis fans que siguen a la boy band BTS. Los resultados mostraron que la mayoría de elementos del marketing de contenidos se cumplieron a excepción del insight, debido a que la mayoría de publicaciones no tuvieron un desarrollo de mensaje persuasivo y estratégico. Por otro lado, se destaca a los medios sociales por su influencia y alcance masivo siendo una herramienta fundamental en las estrategias de marketing. Se concluyó que la ejecución del marketing del contenido en las marcas y empresas tienen como fin generar engagement en el público objetivo, esto va mucho más allá de recordar a la marca o la fidelización de un grupo, sino también se debe a la respuesta de amor que se genera a través del contenido mostrado por medio de la redes sociales y plataformas digitales que impulsan su crecimiento y éxito