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The Performance of Chinese Private Firms in Coping with a Global Financial Crisis: Who Is Best Positioned?
Na Shen, Kevin Au, Thomas Birtch
Front. Bus. Res. China. 2016, 10 (4): 548-575.
https://doi.org/10.3868/s070-005-016-0020-9
Using organizational flexibility as a research lens, we investigate how private firms, especially SMEs, in China cope with the 2008 financial crisis. Testing data from a large sample of private firms (N=3,459) by difference-indifferences analysis, we find that firms with industrial diversification, geographic expansion and political connections perform better during the crisis than those without. These results are less affected by self-selection problems (as the abrupt crisis provides a natural experiment) and hold up against endogeneity and several other challenges in robustness tests. The findings offer important implications for researchers, business owners, policy makers and future research.
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Incorporating Pay Basis into Pay Comparison: The Relationships among Over/Underpayment, Pay for Performance and Pay Level Satisfaction
Jian Shi, Wei He, Lirong Long, Shaolong Li
Front. Bus. Res. China. 2016, 10 (4): 576-604.
https://doi.org/10.3868/s070-005-016-0021-6
Drawing on the discrepancy model, we re-examine the impact of pay comparison on employees’ pay level satisfaction by taking pay basis and pay program into account. Actual pay data from 382 Chinese employees, along with their self-reported pay level satisfaction, provides support for our research model. Specifically, results show that the positive effect of over/underpayment on pay level satisfaction is more robust than that of internal pay standing, indicating the importance of pay basis for pay satisfaction perception. In addition, the positive relationship between internal pay standing and pay level satisfaction is weaker among employees who are in a pay program of high pay-for-performance intensity. We conclude by discussing the theoretical and practical implications of these findings.
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Volunteer High Performance Work Systems and Service Performance: An Empirical Study of Beijing Olympic Volunteers
Yujie Cai, Jian Han, Siqing Peng, Luping Sun
Front. Bus. Res. China. 2016, 10 (4): 605-635.
https://doi.org/10.3868/s070-005-016-0022-3
This study examines the key human resources factors that affect volunteers’ service performance from the perspectives of volunteers and managers in the Beijing Summer Olympic Games of 2008. Survey data were collected from 1,727 volunteers and 243 managers at the Beijing Olympics test events held at 10 venues between November 2007 and April 2008. Regression analyses and a moderation test were combined to test the hypotheses. A set of high performance work systems (HPWS) for volunteers in the Beijing Summer Olympic Games were developed which include performance management, training, recognition, teamwork and volunteer participation. Volunteer HPWS were positively related to psychological empowerment, which was in turn positively related to service recovery performance. Moreover, transformational leadership moderates the relationship between volunteer HPWS and psychological empowerment in such a way that the relationship is stronger when transformational leadership is at a higher level than when it is at a lower level. Implications and limitations were also discussed.
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