| Autor: |
Kim, Rebecca Chunghee, Takahashi, Hiroo, Avvari, Mohan V., Shinohara, Yoshiki, Yang, Yong Hee |
| Zdroj: |
Academy of Management Annual Meeting Proceedings; 2024, Vol. 2024 Issue 1, pN.PAG-N.PAG, 1p |
| Abstrakt: |
Based on a 4-year qualitative study involving 21 in-depth interviews with founders, chief executive officers and top leaders of Asian companies, we aim to present a dynamic perspective on how the Western great debate of contemporary market capitalism—the so-called shareholder–stakeholder debate—is differently situated and shaped in emerging Asian markets. We draw on the Asian values literature and postulate that Western shareholder–stakeholder debates are not very welcome in Asian markets. We find that Asian executives emphasize a streetwise approach to stakeholders based on leadership philosophy for creating an inclusive environment instead of decoupling into shareholder vs. stakeholder. More substantively, we demystify the following four Asian values closely associated with Asian business leadership as impediments and stimuli to tackle the shareholder–stakeholder legitimacy discussion: 1) long-term value in leadership philosophy; 2) harmony with the community; 3) people–employee care; and 4) integrity in business ideology, performance, and identity. Our findings advance the understanding of the link between values and management by challenging Western the shareholder–stakeholder debate, which is the dominant logic in the global market. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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