Search

Purpose: Against the backdrop of the Royal Commission into Misconduct in the Banking, Superannuation and Finance Services Industry in Australia, this study on ethical leadership is timely. The purpose of this paper is to examine the mediating effects of organisational identification, customer orientated behaviour, service climate and ethical climate on the relationship between ethical leadership and employee in-role performance. Design/methodology/approach: The hypotheses were tested using a two-wave survey study of 233 bank employees in Australia. Findings: Evidence from the study indicated that organisational identification, service climate and ethical climate mediate the relationship between ethical leadership and employee in-role performance. Surprisingly, the proposed mediation effect of customer orientation was not supported. However, ethical leadership was positively associated with customer orientated behaviour among employees. Research limitations/implications: Limitations of the study include collecting data at two time points, thereby rendering the study cross-sectional. Employee in-role performance was a self-rated measure. Practical implications: This study showed that ethical leadership is critical to improving employee perceptions and experience of an organisation's service climate, ethical climate, organisational identification, customer orientated behaviour and employee in-role performance. The authors raise a number of HRM implications for the development and enablement of ethical leaders in the banking context. Originality/value: The findings presented in this paper highlight that ethical leadership is critical to improving employee perceptions and experience of an organisation's service climate, ethical climate, organisational identification, customer orientated behaviour and employee in-role performance. [ABSTRACT FROM AUTHOR]

Purpose: While much has been debated about venture formation and demise, the behavioral dynamics of why entrepreneurs intend to continue and persevere post-startup have received scant attention and scrutiny. Building upon the rich tapestry of entrepreneurial cognition, the purpose of this paper is to forward entrepreneurial continuance logic as a theoretical framework to empirically investigate the antecedents, contingencies and mediators of entrepreneurial continuance. Design/methodology/approach: Using observations from surveying 156 practicing entrepreneurs across the USA, UK, South Africa and India, this research offers interesting findings. Findings: Results surface attitudinal tensions between the transactional attitudes of entrepreneurial climate, entrepreneurial responsiveness and calculative commitment and the relational attitudes of affective and normative continuance. Specifically, the authors find that affect is the strongest direct predictor of continuance intentions but only in the absence of entrepreneurial responsiveness behavior. Research limitations/implications: Entrepreneurial responsiveness, rather than commitment, is found to be a core continuance constituent, traceable as a positive influence on continuance as a direct antecedent, a moderator and a mediator. Practical implications: The research reveals that entrepreneurs willing to seize and adapt to a changing entrepreneurial landscape are more like to continue with their ventures, but not just driven by strict underpinnings of affect and norms but by a strong sense of economic rationality. Social implications: Entrepreneurial continuance is an important behavioral phenomenon with substantial socio-economic consequences. Given the scant attention paid to entrepreneurial continuance – symptomatic of broader downstream effects of entrepreneurial survival and positive socio-economic spillovers, the authors embark on a systematic investigation of continuance intention as post-startup behavior. Originality/value: The paper explains post-startup entrepreneurial behavior in several ways. First, while affective commitment, a relational attitude, still drives continuance intentions, calculative commitment, a transactional attitude, is a significant contender. Interestingly, the nature of contemporary entrepreneurship disregards continuance behavior based on norms. Second, entrepreneurial responsiveness needs to be cautiously examined in relationship to commitment and continuance. Entrepreneurial responsiveness, a transactional attitude, positively influences continuance; however, in the presence of a relational attitude such as affective commitment, the interplay reduces continuance intentions. Third, perceptions of entrepreneurial climate are found to trigger more opportunity-seeking behavior among entrepreneurs, which in turn increases an entrepreneur's intention to continue. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to examine the effect of the metacognitive, cognitive, motivational and behavioral dimensions of the middle managers' cultural intelligence (CQ) on firms' innovation performance in a context of cultural diversity and the mediating role of knowledge sharing in this relationship. The author deepens the analysis by exploring the moderating role of collaborative climate (CC) on the link between CQ and KS. Design/methodology/approach: A survey was conducted on 186 foreign middle managers working in Tunisian firms. The data analysis was performed via the partial least square method. Findings: The results revealed that middle managers' metacognitive CQ has a positive effect on KS, which in turn enhances firms' innovation performance. In this line, KS partially mediates the relationship between metacogntive CQ and innovation performance. Findings also indicate that CC moderates the link between three dimensions of CQ, namely metacognitive, behavioral and motivational CQs and KS. Originality/value: The paper sheds lights on the contribution of middle managers' CQ and the CC within firms to the KS and innovation performance in a context of cultural diversity. At the best of the author's knowledge, the links among these variables had not been empirically examined, especially involving samples of middle managers. This study offers important insights for managers by providing them with tools to improve KS and firms' innovation. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to investigate whether, and under what conditions, an individual's punitive intent in response to ethical misconduct is shaped by their perceived forgiveness climate, which is their perception of how forgiving their organization is. Design/methodology/approach: This study used the survey method embedded within a vignette-based experiment involving working adults. Findings: Results show that higher perceived forgiveness climate is associated with lower punitive intent when an experience of being forgiven is salient to the disciplinary decision maker and when there are mitigating circumstances surrounding the ethical misconduct. When an experience of being unforgiven is salient to the disciplinary decision maker, higher perceived forgiveness climate is associated with higher punitive intent. Research limitations/implications: This study presents a more nuanced perspective on the conditions that shape punishment decision making in response to workplace ethical misconduct. As the findings may be specific to the measures and vignette used, future research should explore the replicability of these results using other measures and types of ethical misconduct. Practical implications: The paper alerts disciplinary decision makers to the potential influence of their perceptions of the organizational context and of their personal experiences on their punishment decision making, helping avoid inappropriately punishing subordinates, which can generate employee resentment and inflated turnover. Originality/value: This is the first study that examined the relationship between forgiveness and punishment in response to ethical misconduct in a workplace setting. [ABSTRACT FROM AUTHOR]

Purpose - The paper aims to examine theoretically valuation of weather derivatives and their hedging roles in corporate risk management. Design/methodology/approach - The paper introduces an extended financial market model in which the weather risk is included as an independent random process and examines the effectiveness of weather derivatives and traditional price forwards in a unified theoretical framework. It also provides a no-arbitrage approach to price weather derivatives, which theoretically combines the actuarial and financial paradigms. Findings - The results document that corporate leverage level is an essential factor determining the choice between price forwards and weather derivatives. In some cases; weather derivatives outperform price forwards, while in some other cases; a joint use of both instruments is optimal, depending on the firm's risky leverage level. Interestingly, the paper identifies the case when the leverage level is very high, the positive roles of both instruments diminish and the firm is unhedgeable. Originality/value - The paper provides important insights to investors and hedgers and extends the literature on corporate risk management. [ABSTRACT FROM AUTHOR]

Purpose: Interest in servant leadership has grown exponentially over the past decade as evident in the surge of academic- and practitioner-oriented publications on the subject. While prior research has shown that servant leadership leads to citizenship behavior, no study has explored the ethical pathway as the underlying influence process despite the fact that servant leadership is an ethical approach to leadership. On the basis of social learning theory, the purpose of this paper is to examine psychological ethical climate as a key mediator between servant leadership and citizenship behavior. Design/methodology/approach: Survey data were collected from 123 leader–follower dyads from eight high-performing firms listed on the Indonesian Stock Exchange, and analyzed using multiple regression analysis. Findings: The results showed that the relationship between servant leadership and organizational citizenship behaviors (OCBs) (both for OCBI and OCBO) is mediated by psychological ethical climate. Practical implications: This study demonstrates the value of using a servant leadership approach in order to foster a psychological ethical climate and increase OCBs. As such, the authors highlight the importance of a systematic approach to develop servant leaders in organizations. Originality/value: This research contributes to the understanding of the ethical mechanism that explains the relationship between servant leadership and follower outcomes. Drawing on social learning theory, the findings show that servant leaders are ethical climate architects through their role modeling behaviors and interactions with followers. [ABSTRACT FROM AUTHOR]

Purpose — In 2007, the issues of global and climate change in particular, have become major issues in the social psyche. With the United Nations declaring 2008 the "International Year of Planet Earth", this; paper aims to look at four recent reports and comments on how the reports aim to deal with the climate and global change challenges ahead. Design/methodology/approach — After a brief introduction to the subject, this paper looks at each of the four reports in turn. It describes the methodology of each report and then discusses its relative strengths and weaknesses. This is followed by a conclusion on the reports as a whole and where policy makers can make improvements. Findings — All four reports are well structured and they have certainly raised the profile and illustrated the importance of global and climate change. However, there are a number of ways each could and should be improved in future updates. Practical implications — This paper aims to bring the reports to a wider audience and make recommendations on improvements to future reports on these important global issues. Originality/value — The paper evaluates four recent reports on the important social issues of global, change and climate change. By comparing and contrasting the reports, the paper gives an overview 01 what some of the larger policy makers are doing to tackle global and climate change. The paper also makes recommendations for improvements to the reports. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to investigate the relationship between complexity leadership and contextual ambidexterity as well as the mediating effect of organisational innovation climate in this link. This study is an answer to a call on which leadership approach and mediating factors can meet today's seemingly contradictory challenges of efficiently managing business demands, while simultaneously searching for new opportunities. Design/methodology/approach: The researchers analysed 1,204 usable survey responses from employees of South African organisations. Analysis was in the form of structural equation modelling. Mediation analysis was carried out on estimates of the indirect effect. Findings: Results show that complexity leadership was a strong predictor of innovation climate; in turn, innovation climate positively impacts exploratory innovation by 64 per cent; complexity leadership and innovation climate positively affect exploitation by 57 per cent. The innovation climate plays a total mediator role between complexity leadership and exploratory innovation and a partial effect on exploitation. Practical implications: This study gives human resource management (HRM) insight into strategically directing leadership recruitment and development towards creating an organisational climate to enhance ambidexterity. HRM must conduct regular climate surveys to ascertain whether current leadership is creating an environment that enables exploratory and exploitative innovation. Originality/value: The authors' contribution includes a theoretical contribution to the emerging field of complexity leadership by offering conceptual as well as empirical evidence of its role in ambidexterity. This study extends previous research in highlighting organisational climate's mediating role of being open to new ideas to enable exploratory innovation. [ABSTRACT FROM AUTHOR]

Purpose – The purpose of this paper is to present some basic conceptual aspects and empiric examples of urban mitigation and adaptation to climate change, of greening urban development, as there is strong need for further research and education on these issues. Design/methodology/approach – Starting with a review of the 4th IPCC report and the Stern Review, a strategy is developed on how to make cities main actors in fighting climate change. First examples of successful urban greening are presented. Findings – Cities are main drivers of climate change, and they are driven by climate change. Therefore, there is a strong need for "greening" urban development, i.e. for both mitigation and adaptation activities. Practical implications – Mitigation requires the reduction (more or less drastically) of urban energy and material flows. Adaptation requires restructure (more or less radically) of the established urban stocks. Originality/value – Until recently, cities and urban areas have not been in the focus of climate change research and climate policy. The paper shows the need for change of both theory and practice. [ABSTRACT FROM AUTHOR]

Purpose - Conditions monitoring system (CMS) is a tool for describing the present condition of the components of a system. To achieve this objective, there is a need to develop an efficient fault prediction algorithm. This paper seeks to address this issue. Design/methodology/approach - The paper analyses four real wind farms with control charts of indices derived from UNE EN15341:2008 standard indicators, as the main CMS algorithm to define which index must be considered for improving wind farm maintenance and related costs. Findings - The findings show that climatic conditions are related to maintenance cost indices. Employing the statistical control process of various wind energy converter (WEC) indices proposed by wind farm operators is an adequate procedure to monitor and control wind farm performance. In particular, only the maintenance cost index and the hourly maintenance cost index presented a clear relationship with respect to weather conditions. Practical implications - Climatic conditions must form the basis for organising maintenance activities. Despite this, future maintenance models must be centred on indices obtained from experience, like the maintenance cost index and hourly maintenance cost index, and not solely in general indicators defined by standards. Originality/value - A practical case study of wind farm maintenance based in the new UNE EN15341:2008 standard and wind farm operators experience is shown, defining real indices to be employed in future maintenance procedures. [ABSTRACT FROM AUTHOR]

Purpose - The purpose of this study is to analyse different factors behind the disclosure of corporate information on issues related to greenhouse gas emissions and climate change world-wide. Design/methodology/approach - The empirical analysis carried out was performed in two stages: analysis of the data obtained through content analysis and analysis of the factors that influence the disclosure of greenhouse gas emissions and climate change using a dependency model, a multiple linear regression. Several variables were introduced to represent the size of the companies, leverage, return on assets (ROA), return on equity (ROE) and Market-to-Book ratio. Also, other dummy variables have been incorporated: Kyoto Protocol, activity sector in which the company operates and inclusion in the Dow Jones Sustainability Index. Findings - The results obtained show a direct relationship between corporate size, its market capitalization and the disclosure of information in addition to proposed Global Reporting Initiative (GRI) indicators on greenhouse gas emissions. Conversely, an inverse relationship between ROE and disclosure is detected. Practical implications - The findings emphasize that the main quoted companies operating in industries related to greenhouse gas emissions typically reveal information on almost all the GRI core indicators as well as the additional items specifically proposed for this issue. Moreover, the results suggest a trend for companies to utilize information on greenhouse gas emissions as a mechanism that enables them to legitimise themselves with those groups that can be of benefit to them. Originality/value - The paper has analysed the disclosure of greenhouse gas emissions and other information of importance to climate change in companies from different countries, some of which have ratified, approved, adhered to or accepted the Kyoto Protocol, and some of which have still not accepted it. [ABSTRACT FROM AUTHOR]

Purpose — The purpose of this paper is to investigate how misalignments between the organizational climate (measured as information-processing demand) and the leadership style (measured as information-processing capability) may result in negative performance consequences. Design/methodology/approach — The empirical part of the paper is based on questionnaire data. Key informant is the CEO and thus there is a focus on the CEO's perception of climate and leadership style. Data are subjected to regression analysis. Findings — The results indicate that misalignments between climate and leadership style are problematic for organizational performance. This is supported by the empirical findings that show partial support for three out of four hypotheses and full support for the fourth hypothesis. Research limitations/implications — Data cover information on Danish small- and medium-sized firms. These cross-sectional data and cannot study the effects of misalignments over time. Practical implications — Because the findings show that misalignments between climate and leadership style are problematic to organizational level of performance, this implies that in case of misfits either the climate or the leadership style must be changed. Originality/value — The main contribution of the paper is that the framework allows an explicit understanding of which managerial actions are needed to manage particular types of climate. Further, the framework enables an understanding of how misalignments may result in poor performance. [ABSTRACT FROM AUTHOR]

Purpose – The purpose of this paper is to study how variations in weather affect demand and supply chain performance in sport goods. The study includes several brands differing in supply chain structure, product variety and seasonality. Design/methodology/approach – Longitudinal data on supply chain transactions and customer weather conditions are analysed. The underlying hypothesis is that changes in weather affect demand, which in turn impacts supply chain performance. Findings – In general, an increase in temperature in winter and spring decreases order volumes in resorts, while for larger customers in urban locations order volumes increase. Further, an increase in volumes of non-seasonal products reduces delays in deliveries, but for seasonal products the effect is opposite. In all, weather affects demand, lower volumes do not generally improve supply chain performance, but larger volumes can make it worse. The analysis shows that the dependence structure between demand and delay is time varying and is affected by weather conditions. Research limitations/implications – The study concerns one country and leisure goods, which can limit its generalizability. Practical/implications – Well-managed supply chains should prepare for demand fluctuations caused by weather changes. Weekly weather forecasts could be used when planning operations for product families to improve supply chain performance. Originality/value – The study focuses on supply chain vulnerability in normal weather conditions while most of the existing research studies major events or catastrophes. The results open new opportunities for supply chain managers to reduce weather dependence and improve profitability. [ABSTRACT FROM AUTHOR]

Purpose — The purpose of this paper is to describe an initial seed of anti-climate change management (ACCM) in business practices and theory generation. Design/methodology/approach — An approach of ACCM is coined and a framework is outlined. Findings — Two interconnected levels of ACCM may be distinguished. Research limitations/implications — A recent UN-report indicates the timing is ripe to link the global and business levels together on the agendas of practitioners and scholars. Practical implications — ACCM suggests a major twist in business practices and theory generation from being only business-oriented, and in part environment-oriented, to being planet-oriented as well. Originality/value — ACCM assists in repositioning and expanding the boundaries of current chain management approaches considered in business practices and theory generation. It also contributes to linking business and non-business research disciplines together. Furthermore, it stresses the requirement of "bottom-up" and "top-down" approaches so as to highlight the connection between local practices and global sustainability. [ABSTRACT FROM AUTHOR]

Purpose - The paper's purpose is to highlight conflicting interests between combating climate change and the technique of carbon capture and storage (CCS) within the Norwegian petroleum industry. Design/methodology/approach - This paper is written in a conceptual form. The theoretical starting point is that strong sustainable development is necessary to combat climate change. The practical example is state-of-the-art of CCS, and whether this contributes to combat climate change or not. Findings - This paper finds using circulation economics adds essential environmental preconditions to the technique of CCS. First, the global environmental gain must not be outnumbered through an increase in production volume. Second, if the technique does not contribute to strong sustainable development then the producers must instead limit the extraction of petroleum. Research limitations/implications - The figures in this paper build upon the current knowledge within this research area. Extensive research is taking place, and may change the figures. The findings and conclusions of this paper will not be affected though by changes in figures. Practical implications - The findings of this paper show that it is necessary to use a holistic and global theoretical approach in choosing tools to combat climate change. Originality/value - The paper uses a relatively new economic theoretical approach to highlight environmental aspects regarding a technique of capturing carbon, which is currently being developed to combat climate change. [ABSTRACT FROM AUTHOR]

Purpose: This study proposes a moderated mediation model that examines the roles that openness to change and psychological capital (PsyCap) may play in the relationship between climate for innovation and employee creativity. Design/methodology/approach: Path modeling analysis with software Mplus 7 is conducted to test our moderated mediation model. Findings: The results show that climate for innovation promotes openness to change, which in turn encourages employee creativity, and PsyCap moderates not only the relationship between climate for innovation and openness to change but also the indirect effect of climate for innovation on employee creativity through openness to change. Research limitations/implications: Although we attempt to avoid common method bias by collecting data in two waves, the six-month time interval separating the two waves of data collection may not be long enough to detect the causal relationship between climate for innovation and employee creativity. In addition, this study is conducted in companies located in China, which may raise the question of generalizability to other cultures. Originality/value: The main contribution is building a moderated mediation model to uncover the potential mediating mechanism and boundary conditions associated with the influence of climate for innovation on employee creativity. [ABSTRACT FROM AUTHOR]