De Stobbeleir, Katleen; Ashford, Susan; Zhang, C. (Human Relations, 2018)
Are there benefits to seeking feedback from peers, or is it not worth the time and effort as employees sometimes believe? If there are benefits, does it matter in teams both with and without formal supervisors, and what contextual conditions facilitate such seeking? These questions motivate the current research. Based on the theoretical differences between peers and supervisors as targets of feedback seeking, we adopt a cost-value perspective to examine whether task interdependence and psychological safety affect the seeking of feedback from peers in a team. We also assess whether such seeking creates value for the seeker him-/herself (by having a cross-source effect on the supervisor’s evaluations) and for the collective (by impacting the team’s creativity). We test these ideas in two studies. In a sample of 209 employee-supervisor dyads (Study 1), we find that employees seek more peer feedback when tasks are interdependent, especially when they perceive their working environment as psychologically safe, and that supervisors view employees who seek more peer feedback as better team contributors. Then, in a longitudinal sample of 88 self-managed MBA consulting teams (Study 2), we find that the average level of peer feedback seeking in a team enhances the team’s creativity. Our findings highlight the power of seeking feedback from peers as well as the context factors shaping it.
Neckebrouck, Jeroen; Schulze, William; Zellweyer, Thomas (Academy of Management Journal, 2018)
Family firms employ about 60 percent of the global workforce. While it is widely assumed that they are good employers, data about their conduct is mixed. In this study, we extend stewardship and agency theories to test competing propositions about the impact of family on employment practices using data from 14,961 private Belgian firms over a 19-year period. Higher investments, lower dividend payout, and higher risk tolerance indicate that family firms are better financial stewards of their companies than nonfamily firms. However, family firms are worse organizational stewards than nonfamily firms: They offer lower compensation, invest less in employee training, and exhibit higher voluntary turnover and lower labor productivity. Further, and contrary to earlier research, we find that financial practices in private family firms do not change over time, and that the deleterious influence of family on employment practices rises with both firm age and with heightened family involvement. Together, our findings suggest that a more nuanced understanding of stewardship and agency theory is needed to understand the impact of family on the governance of private firms.
Dupire, Marion; M'Zali, Bouchra (Journal of Business Ethics, 2018)
Is corporate social responsibility (CSR) a tool for strategic positioning? While CSR is sometimes used as part of a differentiation strategy, this article analyzes which specific CSR strategies arise in response to competitive pressures. The results suggest that competitive pressures lead firms to increase their positive social actions without necessarily decreasing their social weaknesses. This positive impact varies with specific dimensions of CSR and industry specificities: (1) Competition improves social performance toward core stakeholders to a greater extent than social performance toward peripheral stakeholders. (2) This effect is more pronounced in B2C industries than in other industries. (3) Competition leads firms in “dirty” industries to ignore environmental initiatives.
Radical and disruptive innovations are widely discussed in academia and managerial practice. Among those innovations, perhaps the most significant are epochal innovations, defined by economist Simon Kuznets to be “major breakthroughs in the advance of human knowledge, and dominant sources of sustained growth over long periods of time.” By definition, epochal innovation leads to significant economic growth and to a fundamental change of the techno-economic paradigm.
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