Does Confucian management exist in Chinese companies? An examination of the intersection between cultural influence and business practice in China

Atherton, Andrew

doi:10.4324/9781003057352-3

Cited by 3 publications

(6 citation statements)

References 5 publications

(4 reference statements)

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“…China today is characterized as culturally diverse. Although Confucianism is essential to Chinese traditional culture, alternative philosophies such as Daoism and Buddhism have also been adopted by Chinese citizens (Atherton, 2020). It is promising to conduct an examination into the impact of these alternatives on executive cognitive bias.…”

Section: Discussionmentioning

confidence: 99%

“…Cultural psychology highlights the idea that culture can profoundly impinge on the attitudes, behavior and performance of individuals (Fu and Tsui, 2003; Schwartz, 1999). Confucianism is deeply rooted in the hearts of Chinese people for thousands of years (Du, 2015) and becomes an intrinsic and core aspect of Chinese society in contemporary China (Atherton, 2020; Ip, 2009). Even so, this does not imply that Confucianism equally influences Chinese people in different regions.…”

Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

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Can the media breed CEO overconfidence? A sociocognitive perspective in the Chinese context

Zhou

Guo

2021

CCSM

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PurposeAnchored in the role of a social arbiter, the purpose of this study is to examine whether and how media coverage has an impact on CEO overconfidence and further explore how media ownership and Confucianism affect the relationship in the Chinese context.Design/methodology/approachUsing a sample of 1,492 Chinese listed companies from 2010 to 2015, the study adopts random effects models to empirically analyze the effect of media coverage on CEO overconfidence and the roles of media ownership and Confucianism.FindingsThe paper finds that media coverage is significantly and positively associated with CEO overconfidence, and the positive relationship between media coverage and CEO overconfidence becomes stronger for state-controlled media. What is more, the influence of media coverage on CEO overconfidence is attenuated for those firms located in stronger Confucianism atmosphere. A further analysis reveals that different tenors of media coverage yield asymmetric effects.Originality/valueThe paper provides a new and solid support for the argument that media praise stimulates CEO overconfidence and increases the knowledge about under what conditions CEO overconfidence varies, broadly speaking which fosters the development of upper echelons theory (UET). Meanwhile, the results extend the literature on media effect and information processing. The findings are also beneficial to improve corporate decisions and government regulation on Chinese media systems.

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Section: Discussionmentioning

confidence: 99%

Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

Can the media breed CEO overconfidence? A sociocognitive perspective in the Chinese context

Zhou

Guo

2021

CCSM

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“…This tendency could also be explained by Confucianism of the Chinese traditional culture (Atherton, 2020). Confucianism encourages people to be conservative in their actions and use methods with which they are familiar rather than trying something new and taking risks (Atherton, 2020). Moreover, since the majority of current T&A industry activities are still labor dependent, a large number of workers are still engaged in basic spinning, marking, cutting, sewing, ironing, and packaging processes, creating a large gap in knowledge and skills between manual and technological operation.…”

Section: Literature Reviewmentioning

confidence: 99%

“…As the market became competitive, Chinese firm owners still use the low price to win orders or customers, rather than changing their business strategies or investing in technological upgrades (Sun, 2017). This tendency could also be explained by Confucianism of the Chinese traditional culture (Atherton, 2020). Confucianism encourages people to be conservative in their actions and use methods with which they are familiar rather than trying something new and taking risks (Atherton, 2020).…”

Section: Literature Review Motivation To Adopt New Technology By Chin...mentioning

confidence: 99%

“…Furthermore, these concepts and theories were developed and mostly applied in Western (or mostly developed) countries, posing additional questions for their effectiveness in developing and/or Eastern countries such as China. In fact, researchers argued that, due to the differences in organizational, technological, or cultural contexts between Western and Eastern countries, directly applying the scales developed in Western countries to measure firm managers' perceptions of new technologies in Eastern countries would be inappropriate (Atherton, 2020;Baker, 2012;Zmud, 1982). Therefore, the purpose of this study is to develop measurement scales that are valid and reliable in measuring firm managers' perceived benefits and perceived costs of new technology adoption in the broader scope of the Chinese T&A industry.…”

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confidence: 99%

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Measuring Perceived Benefits and Costs of New Technology Adoption in the Chinese Textile and Apparel Industry

Wang

Ha‐Brookshire

Bonifay

2020

Clothing and Textiles Research Journal

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The textile and apparel industry have been fundamentally changed due to technology development. However, developing countries, such as China, are falling behind for adopting new technologies. The literature suggests firm managers’ perceived benefits and costs of new technology are key variables for their motivation to adopt new technology. However, no reliable and valid scales existed to measure these constructs within the developing country context—specifically in China. Thus, the study aimed to develop scales for measuring Chinese textile and apparel firm managers’ perceived benefits and costs of new technology adoption, using the psychometric method of item response theory. After item generation, item bank development, and psychometric evaluation tested by 599 Chinese textile and apparel firm managers, the two scales were created. These scales provide an opportunity to measure Chinese textile and apparel firm managers’ perceived benefits and costs of new technology adoption, offering tools for additional technology adoption motivation research.

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The Evolution of Business Ethics in China and the United States: Convergence, Divergence, or Crossvergence?

et al. 2022

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This study presents a cross-temporal comparison of managerial ethics in China and the US. Although it is well established that cross-cultural differences exist in business ethics and that culture and values in a society may evolve over time, little attention has been paid to the longitudinal changes in such cross-cultural differences that might have occurred over time. Building on three different perspectives on values evolution, namely, convergence, divergence, and crossvergence, we investigate whether and how cross-cultural differences in managerial ethical decision-making and the associated moral philosophy have changed in China and the US over the decade between the mid-1990s and the mid-2000s. Our analysis reveals that the difference in Chinese and American managers' ethical decision-making evolved in many different directions over the decade, lending support to the crossvergence perspective. Interestingly, however, we discover that the divergence outlook prevails when it comes to the moral philosophies behind their decision-making. These findings provide critical insights into cross-cultural as well cross-temporal evolution in business ethics in a world of increasing cross-cultural and multicultural interactions.

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Does Confucian management exist in Chinese companies? An examination of the intersection between cultural influence and business practice in China

Cited by 3 publications

References 5 publications

Can the media breed CEO overconfidence? A sociocognitive perspective in the Chinese context

Can the media breed CEO overconfidence? A sociocognitive perspective in the Chinese context

Measuring Perceived Benefits and Costs of New Technology Adoption in the Chinese Textile and Apparel Industry

The Evolution of Business Ethics in China and the United States: Convergence, Divergence, or Crossvergence?

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