Senior Executives Research Articles

ARTIFICIAL INTELLIGENCE ADOPTION IN INVESTMENT MANAGEMENT COMPANIES

This analysis delves into the evolving landscape of artificial intelligence (AI) adoption within the financial services industry, juxtaposed against broader market trends. Drawing insights from industry experts and research findings, it examines key challenges and opportunities faced by financial institutions in leveraging AI technologies to drive innovation and competitive advantage. The study highlights the critical importance of data management strategies, cultural transformation, and talent development in facilitating successful AI implementation. It underscores the significance of striking a balance between centralization and federation in data management approaches, alongside the imperative of strengthening ethics and bias management practices. Furthermore, the analysis delves into the pivotal role of multidisciplinary AI teams, emphasizing the necessity of integrating diverse skill sets, including data scientists, business experts, and senior executives, to maximize the efficacy of AI initiatives. It also sheds light on regulatory developments, such as the Canadian government's Algorithmic Impact Assessment (AIA), aimed at fostering transparency and accountability in automated decision-making systems. Overall, this study provides valuable insights into the challenges and opportunities inherent in AI adoption within the financial services sector, offering recommendations to guide firms towards sustainable AI-driven growth and innovation.

Cultural Intelligence: A critical capability for health and safety professionals in building interpersonal trust?

This literature review was conducted as part of the authors submission in attaining a Master’s In Advanced Leadership Practices through Massey University (2018 – 2019). The literature review was supported with research which included focus groups, the aim of which was to explore the theories and beliefs of senior executives from the New Zealand business community about the impact of building trust where their health and safety advisor has cultural intelligence capability. It is intended that the results of the focus groups will be published in future issues of this publication.

Role of potential power: The effect of part-time board secretary on merger decisions

Based on the data of Chinese A-share listed companies from 2009 to 2018, this study employs panel data regression model and instrumental variables approach to investigate the impact of part-time board secretaries who also hold positions as other senior executives on merger decisions and performance. We find that compared with companies with full-time board secretaries, listed companies with senior executives concurrently serving as board secretaries are more likely to initiate mergers, initiate more mergers, while the positive effect on long-term merger performance is limited to only one year after the merger. Moreover, the impact of part-time board secretaries on merger decisions or performance is more significantly when the deputy general manager concurrently serves as the board secretary, while there is almost no significant impact when the board director or CFO is the board secretary. Finally, this study further explores the mechanisms by which part-time board secretaries influence their merger decisions from a relative remuneration perspective, confirming that the power behind the executives is an important factor driving merger transaction.

Corporate social responsibility: an enabler of organizational resilience

PurposeDrawing on social capital theory, this study aims to explore the effect of corporate social responsibility (CSR) on organizational resilience. The research investigates the mediating role of relationship quality in the association of CSR with organizational resilience, and the moderating role of data-driven culture in the association between CSR and relationship quality.Design/methodology/approachData were collected from Chinese agricultural firms with a sample of 241 senior or middle executives and structural equation modeling was used to test the research model and hypotheses.FindingsThe results indicate that CSR positively affects the relationship quality between agribusinesses and farmers, which in turn positively affects both proactive resilience and reactive resilience. Relationship quality has a partial mediating role in the association of CSR with proactive resilience and reactive resilience. Data-driven culture has a positive moderating effect on the relationship between CSR and relationship quality.Originality/valueBy arguing for CSR toward organizational resilience and analyzing its underlying mechanism, this study enriches the literature on CSR and organizational resilience and expands the existing knowledge on the roles of relationship quality and data-driven culture. This study also provides practical insights into how to improve organizational resilience.

How Could Digital Transformation Help Medium-Sized Enterprises Access Thailand’s New Capital Market Financing (LiVEx) to Support Sustainable Growth in the Digital Economy Era?

In today’s modern era, digital transformation serves as a crucial element for organizations to gain a competitive edge and optimize their operating systems. However, medium-sized enterprises in Thailand face difficulties in accessing capital market financing, despite its significance in promoting the development of small- and medium-sized enterprises according to the 13th National Economic and Social Development Plan. One potential solution to this issue is digital transformation, which can help these enterprises achieve their strategic business objectives and find a reliable source of funding while enhancing their reputation and credibility, thereby contributing to the growth of the economy as a whole. This study utilized a mixed-methods approach to explore how digital transformation can assist medium-sized enterprises in accessing LiVEx, a new capital market for Thai SMEs. We conducted extensive research and interviewed 12 senior executives across three groups, government agencies, LiVEx-listed companies, and social associations, to develop a questionnaire and conceptual model. Data collected from 360 individuals working in medium-sized enterprises in Thailand collected using an online questionnaire were then analyzed, using CFA and SEM techniques to validate the model. Our study emphasizes the importance of digital literacy, digital usage, and digital advocacy in the success of digital transformation in accessing Thai capital market financing. These findings serve as a valuable knowledge repository for future research.

Racialised terminologies and the BAME problematic: A perspective from football’s British South Asian senior leaders and executives

Racialised terminologies and the BAME problematic: A perspective from football’s British South Asian senior leaders and executives

Interbranch Competition Over Control of Federal Agencies and the Selection of Career Executives

In this article, I explore how presidential administrations may use career civil service appointments, in contrast to political appointments, to compete with Congress over the control of federal agencies. Focusing on career members of the Senior Executive Service, I highlight the hiring of officials from outside the federal government or different agencies rather than promoting from within because outside candidates are more likely to be in stronger agreement with administration policy. By analyzing data on career SES hiring and legislative records, I find that administrations hire more officials without previous federal government experience when congressional competition over agency control is intense, as measured by the number of legislative directives in enacted bills that require or prohibit specific agency actions. I also find that more promotions from different agencies occur when congressional competition is intense relative to within-agency promotions. These findings suggest that administrations use career appointments to assert control over agencies against congressional competition, with implications for the political significance of policy professionals’ career mobility.

Formulating Reliable Target Outturn Costs in Transport Infrastructure Projects: Insights From Senior Executives

Formulating Reliable Target Outturn Costs in Transport Infrastructure Projects: Insights From Senior Executives

RESEARCH ON THE INTERNAL MOTIVATION OF GREEN INNOVATION IN ENTERPRISES

This paper mainly establishes the internal driving model of enterprises' green innovation behavior, deeply studies the internal factors that affect enterprises' green innovation, and analyzes its influencing mechanisms. Based on the theories of planned behavior, reputation theory, and political promotion championship theory, this paper deeply explores the internal driving factors and influencing relationships of corporate green innovation behavior from the perspective of micro-research within enterprises and further examines the characteristics of enterprises such as enterprise size, enterprise nature, and industry attributes. This paper explores whether there is a moderating effect on the internal driving force of green innovation behavior.
 The results show that: (1) the motivation of enterprises to avoid environmental penalties, the motivation to obtain environmental protection honors, and the motivation for political promotion of senior executives of state-owned enterprises all have a promoting effect on the green innovation behavior of enterprises; (2) In state-owned enterprises, the motivation for avoiding environmental penalties, the motivation for obtaining environmental protection honors, and the motivation for executive promotion have a better positive impact on green innovation than that of non-state-owned enterprises. The conclusions of this study broaden the research perspective of the related fields of green innovation behavior, enrich the theoretical research scope of the influencing factors of corporate green innovation behavior, and enrich the relevant research on the influence of enterprise characteristics on corporate behavior. It will help to improve the scientific formulation of supervision and incentive mechanisms by government managers, provide methods for enterprises to improve the efficiency of environmental governance, and also help the public to recognize and understand the internal influencing factors of corporate green innovation, providing a new perspective for social supervision.

Влияние культурных особенностей на развитие социально-трудовых отношений и практику корпоративного обучения в странах Ближневосточного региона

The presented work examines the peculiarities of social and labor relations, approaches to the organization of personnel training and development in the Middle East and their conditionality with cultural and religious aspects of objective social reality. Despite the fact that the countries of the Middle East region have the largest and most diversified economies, there is practically no data or research results in the literature regarding strategies and practices of corporate training and personnel development in companies in these countries. The article notes that business owners are usually strongly influenced by national culture, which itself is strongly influenced by religion. Arab culture plays an important role in the formation of the organizational structure and decision-making in the organizations of the States of the region. Most senior executives in large private sector organizations tend to be citizens of the country, but they often act as managers, and day-to-day operations are run by expatriates. Citizens of Middle Eastern states do not adhere to the work ethic recognized in the West. It is concluded that, despite the high degree of awareness of the importance of corporate training and workforce development programs, the sphere of social and labor relations, personnel policy and principles of personnel management in companies in the region have their own characteristics due to the influence of religion and culture.

Enhancing strategic decision-making: The role of business intelligence tools and organizational ambidexterity

The study aims to investigate the influence of business intelligence on decision-making quality, considering organizational ambidexterity as a moderating factor. The sample included a broad group of professionals from the high-technology segment, surveying 450 respondents; 254 valid responses were obtained from senior executives, supervisors, and analysts. These respondents were selected as they had a clear ability for a deeper dive into strategic goals and international expansion strategies, effectiveness in capacities, and daily financial management improvement. The results showed that with the use of business intelligence tools, organizations were in a better position to provide a higher quality of strategic decision-making (p < 0.01) as it helped in the functioning of new opportunities to identify and capitalize, while keeping an eye on the current capabilities. The study underscores that organizational ambidexterity is one of the most dominant causes (p < 0.01) for the effective realization of the benefits of business intelligence. Thus, for effective decision-making, it is crucial for organizations to synergize business intelligence tools with their ambidextrous capabilities. This underscores the significant role of organizational ambidexterity as a moderator and further demonstrates its importance in optimizing the use of business intelligence to improve strategic decision-making processes.

Does ESG Performance Affect the Enterprise Value of China’s Heavily Polluting Listed Companies?

This paper investigates the effect of environmental, social, and governance (ESG) performance on the enterprise value of heavily polluting listed companies in China’s Shanghai and Shenzhen A-share markets. The study found that ESG performance helps to improve the corporate value of heavily polluting listed companies, and ESG performance has an impact mechanism effect on the corporate value of heavily polluting listed companies through green technology innovation, financing costs, and internal control; the analysis of heterogeneity is conducted from three different perspectives: resource endowment, ownership nature, and overseas background of senior executives. At the same time, the interaction term ESG × EPU is employed to examine the regulatory effect of economic policy uncertainty Non-state-owned enterprises can enhance their enterprise value more effectively by improving their ESG performance based on the research findings. The ESG performance of heavy polluting enterprises in non-resource-based cities has a more obvious role in promoting corporate value; in companies where executives have overseas backgrounds, ESG performance is more conducive to the improvement of corporate value. The empirical evidence derived from the research findings rationalizes the connection between the of ESG performance and enterprise value in industries with high levels of pollution, as well as the pathway of impact.

Unleashing the power of green innovations: the role of organizational ambidexterity and green culture in achieving corporate sustainability

PurposeThis study aims to investigate the effect of organizational ambidexterity (OA) and organizational green culture (OGC) on corporate sustainability (CS) while incorporating the mediating role of green innovation (GI) to provide a detailed insight into CS. The study also presents a research framework based on the Organizational Ambidexterity theory and Natural Resource-based view to explain the factors contributing to CS.Design/methodology/approachUsing stratified sampling, the study collected data through survey-based empirical research from 307 textile companies registered with the Securities and Exchange Commission of Pakistan (SECP) or the All-Pakistan Textile Mills Association (APTMA). The collected data were analysed using path analysis, mediation analysis and moderation analysis through smart PLS-SEM version 4.0 to assess the composition and causal association of factors.FindingsThe study found a significant relationship between OA and OGC with CS. Furthermore, the study revealed that green innovation partially mediates the relationship between OGC and CS. The proposed research framework can be valuable for promoting and recommending actions to enhance CS.Research limitations/implicationsThe study on CS in the textile sector of Pakistan has limitations such as a narrow focus, cross-sectional design and reliance on self-reported data. Future research should explore additional factors, conduct longitudinal research, investigate contextual factors, scrutinize specific green innovation practices and broaden the scope of the study to include SMEs and other textile organizations.Practical implicationsThe research framework can help senior executives to foster CS by promoting OGC, OA and GI. Practitioners and academicians can also utilize or further investigate the proposed framework for validation and to foster CS.Originality/valueThis study fills gaps in the existing literature by investigating the mediating effect of GI between OGC and CS. The proposed research framework provides a comprehensive understanding of the factors contributing to CS based on the Organizational Ambidexterity theory and Natural Resource-based view.

Is the past really gone? How CEOs’ socialist imprinting affects corporate green innovation in China

ABSTRACT Combining imprinting and institutional views, we extend previous literature on the implications of ideological imprinting and corporate governance for organisational strategies. Specifically, this study examines how the CEOs’ socialist imprinting formed in the planned economy era guides them to pursue corporate green innovation as senior executives later on. Using longitudinal data (2014–2021) from 3589 publicly listed companies in China, we find that: (1) CEOs’ socialist imprinting is positively associated with the level of corporate green innovation; (2) the positive relationship between CEOs’ socialist imprinting and corporate green innovation is more salient for firms with the greater governance involvement of corporate party organisation; (3) the positive relationship between CEOs’ socialist imprinting and corporate green innovation is more salient for state-owned enterprises.

Revitalizing green progress: Assessing corporate environmental performance in the wake of Yangtze River Major Conservation initiatives

The Yangtze River Major Conservation (YRMC) Action has been strategically crafted to catalyze industrial evolution within the Yangtze River basin, aligning with China's goal of achieving carbon neutrality by 2060, particularly from the corporate perspective. Despite its significance, the potential impact of this initiative on corporate environmental performance (CEP) remains understudied. To address this gap, we utilize panel data from Chinese firms listed on the Shanghai and Shenzhen A-shares (2012–2020) and employ the difference-in-differences (DID) method to investigate the causal relationship between the YRMC Action and the CEP. The main findings are threefold: (i) Firms located within a 100 km radius of the Yangtze River's main stream have exhibited an average increase of 0.1497 units in CEP due to the implementation of the YRMC Action, which are consistently validated across robustness tests; (ii) Mechanisms driving this enhancement include incentivizing firms to undertake green technological R&D programs, securing governmental green R&D subsidies, and credit incentives; and (iii) Heterogeneity analyses show that firms closer to the main stream of the Yangtze River, particularly those upstream and led by senior executives with awareness of green initiatives, have contributed to more pronounced improvements in CEP. This paper highlights policy implications for optimizing the incentive effects of the YRMC Action and strengthening the environmental regulatory governance to ensure enduring enhancements in CEP.

Reasons for M&A: A perspective from senior executives' rural experiences- Evidence from Chinese private listed companies

Mergers and Acquisitions (M&A) are critical strategies that significantly shape a company's direction. By drawing upon imprinting theory, this study analyzes the data of publicly traded companies spanning the years 2007 to 2018 in order to explore the formation of executives' imprints from their rural experiences and their positive impact on M&A decisions. Furthermore, based on corporate behavior theory, it was also verified that the cooperate aspiration gap is an important factor in promoting the dynamic changes of imprints formed by the rural experiences of executives, which in turn affects the relationship between the rural experiences of executives and corporate M&A decisions. The study reveals that the senior executives' rural experiences significantly boost the propensity of a company adopting M&A as a growth strategy. This tendency is particularly pronounced for younger executives and those less affected by a culture of familism. In addition, the study notes a progressive change in these imprints due to the corporate aspiration gap, which affects M&A strategies. Specifically, when a firm's performance fails to meet its objectives and societal expectations, it strengthens the link between an executive's rural background and the pursuit of M&A for expansion. Conversely, when a firm exceeds these aspirations, the correlation is weakened. By examining how individual imprints are formed, evolve, and impact decision-making, this study provides fresh perspectives on the factors driving corporate M&A decisions.

Military Experience of Senior Executives and Business Credit Supply of Enterprises

This study is based on the data of Chinese A-share listed companies from 2005 to 2022 and empirically examines the relationship between senior executives' military experience and the supply of commercial credit by enterprises. The research findings suggest that senior executives with military experience can significantly enhance the level of commercial credit supply by the company. The mechanism analysis indicates that top executives' military experience promotes the provision of greater business credit through two pathways: mitigating the level of information asymmetry within the company and strengthening the effectiveness of internal controls. Heterogeneity tests reveal that the positive impact of top executives' military experience on the acquisition of commercial credit supply is particularly pronounced in eastern region companies as well as state-owned holding companies. This study addresses the existing research gap by shedding light on the specific effects and pathways of top executives' military experience in promoting the provision of business credit, thus enhancing our understanding of their personal traits and life experiences. Furthermore, it provides valuable insights for improving the evaluation system of commercial credit within enterprises.

(180) Female Sexuality of Tunisian Women with Treated Breast Cancer

Abstract Introduction Breast cancer is a major health problem. Several treatment strategies are used to treat it such as lumpectomy or mastectomy surgery, chemotherapy, radiotherapy, and hormone therapy, which leads us to ask the following question: what impact does breast cancer and its treatments have on female sexuality? Objective The aims of our study were to assess the sexuality of Tunisian women with breast cancer in remission, and to determine the prevalence and nature of sexual dysfunction in this population. Methods We carried out a descriptive cross-sectional study, involving women aged under 60, followed up for treated non-metastatic breast cancer currently in remission, and having a regular sexual partner during the last month. Outpatients in the surgery and radiotherapy department of the "Salah-Azaiez" Institute were interviewed using a questionnaire including a validated Arabic version of FSFI (Female sexual function desire). Our study was carried out throughout a period of 3 months, from January 1st, 2023 to March 31st, 2023, this period allowed us to collect our necessary data. Results We included 120 women in our study. The majority were between 40 and 49 years with an average of 46.53. One-third (33.3%) had a university degree and 16.7% were senior executives. More than half of our population (56.7%) were menopausal and 12% were smokers. 85% of the women had children, and only 36% had breastfed their children exclusively. Half of the women had discovered the disease at stage II, and 52% of them had discovered it during breast self-examination. Surgical treatment was radical in 61.7% of women and conservative in 38.3%. Thus, 75% of the population had undergone chemotherapy, 93.3% had undergone radiotherapy and 71.7% were receiving hormone therapy. Only 5% of our study population had a sexual dysfunction prior to the disease and 78% of women had reported a change in their sex life after breast cancer, with the frequency of intercourse as the main parameter affected. Among the most common sexual complaints were decreased or absent sexual desire in 68.1% of cases, lack of sexual initiative (74.4%), vaginal dryness (48.9%), and dyspareunia (42.6%). The majority of interviewed women (83.3%) had presented with global sexual dysfunction, i.e. a total FSFI score ≤26.55 and the areas most affected were pain, lubrication, and orgasm. Radical surgical treatment, chemotherapy, and hormone therapy were significantly associated with impaired female sexuality (respectively p=0.0036; p=0.047 and p=0.001). Conclusions Our study highlighted the impact of breast cancer treatment on women's sex lives. Healthcare providers should acquire the necessary skills in order to explore female sexual disorders and suggest suitable management. Disclosure No.

Factors Shaping the Future of Leasing in Poland. The Role of External Shocks, Regulations, and Emerging Technologies

Abstract This study aims to identify and evaluate the key trends in the leasing sector in Poland from the perspective of both the present situation and the coming years. The literature review and the conducted In-Depth Interviews among senior executives of leasing businesses in Poland and among representatives of the Polish Leasing Association enabled us to determine the following list of contemporary trends that are relevant to the leasing sector: the circular economy, the sharing economy and product-as-a-service, incidental and shock-related changes, digitalization, automation and robotization, as well as the development of the electric vehicle segment. Furthermore, many of these phenomena fit into the broader concept of so-called sustainable finance. All of the indicated trends were deemed as relevant by the experts. The leasing sector has not yet reached the maximum of its potential for market expansion in Poland.

Global Leadership Dynamics: Refining Executive Selection in Multinational Corporations

AbstractThis research addresses a critical gap in the field of multinational corporations (MNCs) by exploring the decision-making processes involved in selecting senior executives for international assignments. The study acknowledges the escalating competition in global trade and the strategic establishment of overseas subsidiaries by MNCs. Central to the success of these ventures is the effective management of human resources, specifically the recruitment of senior executives, an area currently lacking comprehensive research. Our investigation offers a novel approach by identifying key management competencies, convening expert focus groups, and employing advanced methodologies such as FDM, DEMATEL, DANP, and VIKOR to analyze, prioritize, and rank selection factors. This study transcends academic interests, aiming to revolutionize how MNCs navigate the complexities of global leadership. It proposes a data-driven framework to enhance the understanding of managerial competencies required for successful international business operations. The research methodology includes both qualitative and quantitative analyses, focusing on technical proficiency, social skills, conceptual thinking, individual motivation, and personality as integral components of managerial competence. Particularly, it highlights the importance of “Individual Personality” as a pivotal dimension in the competency framework. Our findings provide MNCs with a structured framework for executive selection, emphasizing comprehensive assessments to ensure candidates possess a balanced mix of skills necessary for global leadership. This research bridges theoretical knowledge and practical requirements, empowering MNCs with tools to succeed in the competitive global marketplace and manage the dynamic landscape of international business effectively.