Given the pivotal function of ethical leadership (EL) in the hospitality industry, this study explains how moral guidance can help to reduce mental stress. The modern complex and hectic working style of organizations demands ethical conduct, in order to sustain the positive behavior of employees for knowledge sharing (KS). For this reason, in this study, we restrict our awareness to the usage of social media (SM) for social identity and aspects of subjective well-being (SWB) for happiness intensity. The time-lag method is applied for data collection from 406 supervisors and subordinates of the hotel industry in Pakistan. Partial least squares structural equation modeling (PLS-SEM) and bootstrapping are utilized to scan the data. The results of the current study demonstrate that ethical leadership provides motivational strength for knowledge sharing amongst employees. Moreover, the serial mediation effects of subjective well-being and social media boost knowledge sharing by the induction of ethical values. Our findings indicate that knowledge sharing is an important product of subjective well-being and social media. Therefore, we recommend that managers focus on ethical leadership values and employee well-being (e.g., life satisfaction), as well as highlight the individuality of employees to promote knowledge sharing. The presented research adds to the literature by establishing a new connection between ethical leadership and knowledge sharing by opening the black box of contextual (i.e., ethical leadership) and developmental (i.e., subjective well-being and social media) factors.
Purpose
As the carrier of knowledge, intellectual capital plays a crucial role in technology capability. However, most of the previous studies focus on technological capability from a static perspective, rather than take dynamic technology capability into consideration. Based on this research gap, the purpose of this paper is to investigate the effects of intellectual capital and its sub-dimensions on dynamic technology capability, measuring by the factor scores of five technological input and output variables.
Design/methodology/approach
The authors combine the system dynamic method and empirical study to guarantee the internal and external validity. Specifically, the authors design the system dynamic model and simulation to analyze the system mechanism of intellectual capital and its sub-dimensions on dynamic technology capabilities from four cause and effect feedback loops. Then, the authors propose eight hypotheses based on this system dynamic model. In the empirical test phase, the authors employed a panel data set pertaining to Chinese manufacturing firms from 2007 to 2017, and adopted the fixed effect panel model according to Hausman test.
Findings
The authors find that intellectual capital efficiency (ICE) and its sub-dimensions (i.e. human capital efficiency, organizational capital efficiency and capital employed efficiency (CEE) have significantly positive impacts on dynamic technology capability. The results also show that the positive effects of ICE and OC on dynamic technology capability would be strengthened in state-owned enterprises compared with non-state-owned enterprises, while this moderation effect is weakened on the relationship between CEE and dynamic technology capability.
Originality/value
In this study, the authors first introduce the system dynamic method to explore the relationship of intellectual capital and dynamic technology capability, which is a valuable trial on combining system science and empirical study. Additionally, the authors continue to expand the dynamic technology capability from the intellectual capital perspective, and also find the moderating effect from the ownership aspect. It is beneficial to the theoretical development of intellectual capital and dynamic technology capability. Furthermore, the authors provide significant inspirations and implications for enterprise’s managers.
Using China as the research setting, this paper investigates the relationship between economic policy uncertainty and corporate precautionary cash holdings. Empirical results show a U‐shaped relation between economic policy uncertainty and corporate precautionary cash holdings. Empirical analysis, in terms of ownership structure, firm size, corporate competitiveness and geographical location, further shows that (i) the effects for economic policy uncertainty in both state‐owned and non‐state‐owned enterprises are significant, but the effect is stronger for state‐owned enterprises; (ii) such significant effect is also found more strongly in small and medium‐sized enterprises and highly competitive enterprises; and (iii) the effects for eastern, central and western China are all statistically significant, but the effect is strongest for eastern China.
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