How to manage client entertainment in China

Sun, Francis

doi:10.1016/j.bushor.2016.03.003

Cited by 11 publications

(8 citation statements)

References 15 publications

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“…In particular, the enhanced trust through social networking with stakeholders, and information richness and transmission due to closer stakeholder relationships, can improve credit ratings and sock returns (Engelberg et al, 2012) and stock price stability (Jones, 1995). From the stakeholder perspective, relationship spending increases stakeholder trust and facilitates information flow (Cao et al, 2016;Sun, 2016), potentially lowering the risk of future stock price crashes.…”

Section: Introductionmentioning

confidence: 99%

Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign

Duncan

et al. 2020

Journal of Banking & Finance

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Section: Introductionmentioning

confidence: 99%

Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign

Duncan

et al. 2020

Journal of Banking & Finance

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“…Faced with such a phenomenon, it is urgent to understand fundamentally the harmfulness of this "mental anesthesia" and "rescue" users from obsession in terms of technology and guidance. Starting from April 2018, the relevant departments such as the State Network Information Office and the State Copyright Administration have rectified the short video platform, which has also led to self-checking and self-correction of the short video platform [15]. Tremolo is adding anti-addiction to the new version of APP.…”

Section: Discussionmentioning

confidence: 99%

Analysis of "Anesthesia" Mechanism in Mobile Short Video Applications

Fang¹,

Wang²,

Hao³

2019

Proceedings of the First International Symposium on Management and Social Sciences (ISMSS 2019)

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Absrtact-The continuous progress of mobile Internet technology has led to many new media products, short video is one of them. Its rapid rise has provided the public with rich and colorful entertainment enjoyment, but also brought about the negative function of "mental anesthesia". By using case analysis method, taking Video Tremolo (also named as Tik Tok) APP as an example, combining with innovation and diffusion, use and satisfaction, information cocoon room, gatekeeper and other theories, this paper explores the mechanism and ways of mobile short video application and its "anesthesia" function to the public. The study found that short video APP focuses on spreading content with "magic" through the utilization of big data and artificial intelligence technology to precisely "anesthetize" the public, and expands its scope of influence under the "social +" model. This paper holds that the public should rationally view the explosive phenomenon of short video. The developers of short video APP should use various technical means to guide and manage users' time control, in order to minimize the impact and harm of short video on public "psycho-anesthesia".

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“…Previous studies, nevertheless, have found that this agency issue is not significant in business entertainment because both hosts and guests are often owner-managers themselves (Cai, Fang, & Xu, 2011). Another explanation in international settings is that a foreign guest might expect to split the bill prior to attending an entertainment event, but the local host ends up paying all expenses as normally seen in some countries (e.g., China; see Sun, 2016). [1]…”

Section: Introductionmentioning

confidence: 99%

The Role of Business Entertainment in Economic Exchanges: A Governance Perspective and Propositions

Sun

Chen

2017

Manag. Organ. Rev.

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While entertainment activities in private business settings (i.e., business entertainment) are widely seen all over the world, issues about their prevalence have remained unresolved in the literature. This study takes an institutional approach to elucidate (1) the governance role of business entertainment in economic exchanges, (2) the mechanism through which business entertainment plays this role, and (3) the conditions under which business entertainment plays a greater role to facilitate economic exchanges. Our starting point is that economic transactions are governed through a combination of market rules, legal restraints, and social norms. We argue that business entertainment plays a governance role by boosting the power of social norms to regulate the behaviors of economic actors. As such, business entertainment should be more prevalent under the conditions where social fabrics are dense but market and legal infrastructures are underdeveloped. This governance approach provides a common ground to accommodate the positive versus negative views on business entertainment advocated by two camps of researchers in management, economics, and sociology. It also offers useful guidelines for policymakers to regulate, and for executives to manage, this prevalent but often misunderstood business practice.

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How to manage client entertainment in China

Cited by 11 publications

References 15 publications

Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign

Corporate relationship spending and stock price crash risk: Evidence from China's anti-corruption campaign

Analysis of "Anesthesia" Mechanism in Mobile Short Video Applications

The Role of Business Entertainment in Economic Exchanges: A Governance Perspective and Propositions

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