学刊动态 | 2023年《经济管理学刊》编委发表8篇管理学顶刊论文
2023年中国境内高校及机构学者在管理学国际顶级期刊 Management Science（MS）、Strategic Management Journal（SMJ）、Journal of Management（JOM）、Academy of Management Review（AMR）、Academy of Management Journal（AMJ）、Organization Science（OS）中的论文发表情况，共发文93篇。
中国境内学者在管理学国际顶刊发文数量达历史最高（93篇），与2022年的85篇相比，增加了8篇，实现了新突破！这93篇文章中，有8篇是《经济管理学刊》编委团队贡献的。
各期刊发表情况汇总：
Management Science 64篇
Journal of Management 17篇
Strategic Management Journal 2篇
Academy of Management Journal 5篇
Organization Science 4篇
Academy of Management Review 1篇
1. What Causes Privatization? Evidence from Import Competition in China
Early Access: JUN 2023
Published On: Management Science
胡晴：中国人民大学
黎文靖：暨南大学
林晨：香港大学
Wei, Lai：岭南大学
Abstract: In this paper, we identify product market competition as a driver of privatization. Using product market shocks caused by trade liberalization of China, which has the world’s largest state sector, we find that subjecting state-owned enterprises (SOEs) to higher competition leads to an increase in private ownership. This response is strengthened when SOEs operate in industries with large technology or productivity gaps from those in the frontier economies or when SOEs impose large fiscal burdens on local governments. Our findings are consistent with politicians’ incentives to boost economic growth for better career development and to shed burdens when rents decrease.
2. Replicating and Digesting Anomalies in the Chinese A-Share Market
Early Access：DEC 2023
Published On: Management Science
李志冰：对外经济贸易大学
刘晓蕾：北京大学
Liu, Xiaoyu：北京大学
Wei, K. C. John：香港理工大学
Abstract: We replicate 469 anomaly variables similar to those studied by Hou et al. (2020) using Chinese A-share data and a reliable testing procedure with mainboard breakpoints and value-weighted returns. We find that 83.37% of the anomaly variables do not generate significant high-minus-low quintile raw return spreads. Further adjusting risk increases the failure rate slightly to 84.22% based on CAPM alphas and 86.99% based on Fama–French three-factor alphas. We show that the conventional procedure using all A-share breakpoints with equal-weighted returns for the anomaly test is indeed problematic as it assigns too much weight to microcaps and has a very limited investment capacity. The CH3-factor, CH4-factor, and q-factor models show the best performance over the whole sample period. The q-factor model is the best performer in the post-2007 subsample period after significant improvements occurred in China’s financial market environment, such as the completion of the split-share structure reform and the implementation of new accounting standards conforming to the International Financial Reporting Standards. The non–state-owned enterprise subsample in the post-2007 period is a cleaner sample in which the CH4-factor and q-factor models are the best performers.
3. A Model of Cryptocurrencies
Early Access：APR 2023
Published On: Management Science
Sockin, Michael：得克萨斯大学
熊伟：香港中文大学（深圳）
Abstract: We model cryptocurrencies as utility tokens used by a decentralized digital platform to facilitate transactions between users of certain goods or services. The network effect governing user participation, in conjunction with the nonneutrality of the token price, can cause the token market to break down. We show that token retradeability mitigates this risk of breakdown on younger platforms by harnessing user optimism but worsens this fragility when sentiment trading by speculators crowds out users. Elastic token issuance mitigates this fragility, but strategic attacks by miners exacerbate it because users’ anticipation of future losses depresses the token’s resale value.
4. A Regularized High-Dimensional Positive Definite Covariance Estimator with High-Frequency Data
Early Access：DEC 2023
Published On: Management Science
Cui, Liyuan：香港城市大学
洪永淼：中国科学院大学
李迎星：厦门大学经济学院
Wang, Junhui：香港中文大学
Abstract: This paper proposes a novel large-dimensional positive definite covariance estimator for high-frequency data under a general factor model framework. We demonstrate an appealing connection between the proposed estimator and a weighted group least absolute shrinkage and selection operator (LASSO) penalized least-squares estimator. The proposed estimator improves on traditional principal component analysis by allowing for weak factors, whose signal strengths are weak relative to idiosyncratic components. Despite the presence of microstructure noises and asynchronous trading, the proposed estimator achieves guarded positive definiteness without sacrificing the convergence rate. To make our method fully operational, we provide an extended simultaneous alternating direction method of multipliers algorithm to solve the resultant constrained convex minimization problem efficiently. Empirically, we study the monthly high-frequency covariance structure of the stock constituents of the S&P 500 index from 2008 to 2016, using all traded stocks from the NYSE, AMEX, and NASDAQ stock markets to construct the high-frequency Fama-French four and extended eleven economic factors. We further examine the out-of-sample performance of the proposed method through vast portfolio allocations, which deliver significantly reduced out-of-sample portfolio risk and enhanced Sharpe ratios. The success of our method supports the usefulness of machine learning techniques in finance.
5. Managing Multirooming: Why Uniform Price Can Be Optimal for a Monopoly Retailer and Can Be Uniformly Lower
Early Access：JUL 2023
Published On: Management Science
陈宇新：上海纽约大学
戴悦：复旦大学管理学院
张喆：复旦大学管理学院
Zhang, Kun：南京理工大学
Abstract: Retailers managing both online and offline channels have to decide whether to adopt the uniform (i.e., charging the same price online and offline) or dual (i.e., charging different prices online and offline) pricing strategy. This decision is made even more challenging as consumers are increasingly multirooming as they may search offline and then purchase online (showrooming) or the other way around (webrooming). In this paper, we develop an analytical model to examine such a decision. The model takes into consideration (1) consumers’ uncertainty about digital and nondigital product attributes, (2) consumers’ costs of showrooming as well as webrooming, and (3) the prevalence of costly product return. We show that uniform pricing can be optimal for a monopoly retailer even though consumers have different costs for shopping online versus offline and there is no intrinsic disutility against price discrimination by consumers. In addition, when the uniform price is optimal, it can be lower than both the offline and online prices under optimal dual pricing. This is because, compared with dual pricing, uniform pricing eliminates consumers’ uncertainty about the offline store’s price so that they are more likely to search the nondigital attribute at the offline store and buy the fitted product. Moreover, a relatively higher online price has to be used under dual pricing to encourage consumers to search offline for the purpose of reducing the product return costs.
6.Outshined by Creative Stars: A Dual-Pathway Model of Leader Reactions to Employees' Reputation for Creativity
Early Access：MAY 2023
Published On: Journal of Management
Carnevale, Joel B.：雪城大学
Huang, Lei：奥本大学
Vincent, Lynne C.：雪城大学
Yu, Lingtao：不列颠哥伦比亚大学
贺伟：南京大学
Abstract: Establishing a reputation for creativity can endow employees with considerable social advantages as others look to them as a source of assistance, inspiration, and guidance. Yet, as leaders often expect access to certain privileges and advantages based on their hierarchical positions, such employees may signal a discrepancy with leaders’ own expected superiority. Drawing from the social functional view of emotions, we provide a novel extension to the creativity literature by developing and testing a dual-path model of leaders’ emotional and behavioral reactions to their employees’ reputation for creativity. Results from a survey study of 257 leader–employee dyads at a large Chinese automobile company supported our predictions that the presence of an employee reputed for their creativity fostered leaders’ feelings of envy and motivated corresponding remedial actions. Specifically, we found that, conditional on leaders’ beliefs in their own ability to be creative (i.e., creative self-efficacy), employee reputation for creativity either triggered leaders’ dysfunctional resistance toward the employee via leaders’ malicious envy, or led to leaders’ creativity help-seeking from the employee via leaders’ benign envy. We discuss how our results contribute to the extant literature.
7.Resistance to Change: Unraveling the Roles of Change Strategists, Agents, and Recipients
Early Access：OCT 2023
Published On: Journal of Management
Mikel-Hong, Kris：清华大学
李宁：清华大学
Yu, Jia (Joya)：内布拉斯加大学林肯分校
陈晓：清华大学
Abstract: Departing from traditional conceptualizations of resistance to change as a systemic phenomenon, a significant and increasing body of organizational research has examined how change and resistance to change occur through individuals in strategist, agent, and recipient roles. Yet despite this perspective's rising prominence, the literature lacks an integrative framework to organize how these roles separately and interactively shape resistance to change. This review synthesizes this fragmented literature, providing a holistic perspective structured around change roles. Categorizing the literature in terms of the three roles, we organize the role combinations into levels of analysis. We use this combined framework to describe the current state of theory building and testing, which guides our identification of important future research directions. Through our analysis, we capture the nuanced dynamics of resistance to change and the need for further understanding of how differently situated individuals shape the overarching change effort.
8. Rekindling the fire and stoking the flames: how and when workplace interpersonal capitalization facilitates pride and knowledge sharing at work
Published：JUN 2023
Published On: Academy of Management Journal
Watkins, Trevor：俄克拉荷马大学
Kleshinski, Catherine E.：印第安纳大学
Longmire, Natalie H.：杜兰大学
贺伟：南京大学
Abstract: Sharing positive events with others is a phenomenon referred to as “capitalization.” Extant theory on capitalization considers the process of disclosing positive events as socioemotional in nature. However, individuals capitalize in the context of workplace relationships that serve instrumental functions, pointing to the possibility that the process of capitalization may at times be instrumental as well. In this paper, we integrate theory on capitalization with the social-functionalist model of emotions to develop a model that explains how workplace interpersonal capitalization serves the instrumental function of spurring knowledge sharing. We identify pride as a linking mechanism between workplace interpersonal capitalization and knowledge sharing, and we argue that experiencing pride is contingent on employees disclosing positive events that they attribute to their own efforts. We also identify perceived coworker responsiveness as a boundary condition qualifying the association between pride and knowledge sharing. A source- and time-separated field study and an experience sampling field experiment with a daily intervention provide support for our hypothesized model. Overall, our work broadens the concept of capitalization and contributes to the social-functionalist model of emotions.
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学刊相关目录
2023年第2卷第4期目录、摘要
文章编辑：侯曼迪；责任编辑：侯振锋；审核人：朱鹤楼
文章来源：学说平台