管理层权力、在职消费与产权效率——来自中国上市公司的证据

国外近年大量研究表明,薪酬激励并不必然解决代理问题,薪酬的制定与执行机制可能使其成为代理问题的一部分。具体而言,管理层可能利用其权力影响甚至自定薪酬,从而寻租最终降低了薪酬的激励效用,中国的制度背景也为上述现象提供了可能。本文利用2001-2004年我国上市公司数据实证检验了管理层权力对于作为隐性薪酬的在职消费以及企业绩效的影响。从董事长总经理两职兼任、股权分散和高管长期在位视角构建了管理层权力的综合计量指标,研究中运用了普通最小二乘法和广义矩估计方法,并进行了稳健性检验。本文的研究结果表明,管理层权力是影响薪酬激励及其绩效的重要因素,我国要重视管理层权力及其引起的过度职务消费的治理问题,民营控股企业的内部权力治理不容忽视。     

Employees’ voice behavior in response to corporate social irresponsibility (CSI): The role of organizational identification,issue perceptions,and power distance culture

While extensive literature has examined the role of employees in corporate social responsibility (CSR), little is known about employees’ role in corporate social irresponsibility (CSI). The current study aims to examine the voice behaviors of employees generated around the issue of CSI. Two online surveys were administered to full-time employees by using two different scenarios involving CSI situations: environmental and diversity issues. The results of the study identified employees’ pre-established organizational identification as a critical cross-situational factor that influenced their CSI perceptions. In addition, employees’ situational perceptions of CSI – how they perceive CSI as a serious problem, their sense of connection to the situation, and their perceived constraints in solving the situation – played critical roles in motivating them to engage in voice behavior. Furthermore, the level of power distance culture within an organization significantly moderated the relationship between employees’ CSI perceptions and voice behavior. By incorporating organizational identification literature and public relations theory in the context of CSI communication and management, this study provides theoretical and practical implications.     

Power and inequality in global value chains: Advancing the research agenda

Power is a central, but largely undertheorized, concept for scholars of global value chains (GVCs). In this introduction to a special issue on power and inequality in GVCs, the authors summarize the key insights from the articles gathered here and explain how the collection advances our understanding of the types and forms of power operating in GVCs and their effect on different dimensions of inequality.