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We replicate and extend the seminal paper of Covin and Slevin (1989) on entrepreneurial orientation (EO) by conducting two studies. Specifically, we examine the impact of a firm’s EO on financial performance under hostile environments using various measurements. Study 1 is a direct replication of Covin and Slevin (1989) in which we utilize data collected from firms in the USA, which adopted the same survey measures of Covin and Slevin (1989). Study 2 is a generalization and extension of Covin and Slevin (1989) in which we implement newly developed objective EO measurement by Miller and Le Breton-Miller (2011) and utilize objective financial data of Chinese public firms. The results of both studies provide evidence that a firm’s EO positively impacts firm performance, especially in hostile environments. Further theoretical implications and contributions based on diverse types of replication studies are discussed.
Younggeun Lee; Yiming Zhuang; Minjoo Joo; Tae Jun Bae. Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance. Journal of Business Venturing Insights 2019, 12, e00144 .
AMA StyleYounggeun Lee, Yiming Zhuang, Minjoo Joo, Tae Jun Bae. Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance. Journal of Business Venturing Insights. 2019; 12 ():e00144.
Chicago/Turabian StyleYounggeun Lee; Yiming Zhuang; Minjoo Joo; Tae Jun Bae. 2019. "Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance." Journal of Business Venturing Insights 12, no. : e00144.
In this paper, we examine the role of a firm's entrepreneurial orientation (EO) in the advancement of corporate social responsibility (CSR) performance. We argue that a firm's innovativeness, proactiveness, and risk‐taking would lead it to employ more socially responsible practices and generate benefits to society. Moreover, we theorize that this influence would differ, depending on the firm ownership. Specifically, our argument is based on the Chinese context where state‐controlled firms dominate the economy. We test our hypotheses by utilizing secondary data on 738 Chinese public firms over an 8‐year period (2008–2015). Our empirical results demonstrate a positive and significant relationship between EO and CSR performance among state‐controlled firms. However, this relationship is not significant among privately controlled firms.
Yiming Zhuang; Younggeun Lee; Xinyue Chang; Renee B. Kim. Entrepreneurial orientation and corporate social responsibility performance: An empirical study of state‐controlled and privately controlled firms in China. Corporate Social Responsibility and Environmental Management 2019, 27, 383 -392.
AMA StyleYiming Zhuang, Younggeun Lee, Xinyue Chang, Renee B. Kim. Entrepreneurial orientation and corporate social responsibility performance: An empirical study of state‐controlled and privately controlled firms in China. Corporate Social Responsibility and Environmental Management. 2019; 27 (1):383-392.
Chicago/Turabian StyleYiming Zhuang; Younggeun Lee; Xinyue Chang; Renee B. Kim. 2019. "Entrepreneurial orientation and corporate social responsibility performance: An empirical study of state‐controlled and privately controlled firms in China." Corporate Social Responsibility and Environmental Management 27, no. 1: 383-392.
This study investigates the relationship between board composition and corporate social responsibility (CSR) performance. Specifically, we examine the impact of board composition (aspects like political experience, academic experience, overseas background, and gender diversity) on CSR performance. We test our hypotheses using data collected from 839 Chinese public firms during the period from 2008 to 2016. Applying generalized least squares regression, the study shows that the political experience, academic experience, and overseas background of the board members are positively related to the firm’s CSR performance. Moreover, we discuss the distinctive relationship between gender diversity and CSR performance in the context of Chinese culture. We extend the CSR literature by examining unique aspects of board composition in the Chinese context and offer fruitful implications for both scholars and practitioners.
Yiming Zhuang; Xinyue Chang; Younggeun Lee. Board Composition and Corporate Social Responsibility Performance: Evidence from Chinese Public Firms. Sustainability 2018, 10, 2752 .
AMA StyleYiming Zhuang, Xinyue Chang, Younggeun Lee. Board Composition and Corporate Social Responsibility Performance: Evidence from Chinese Public Firms. Sustainability. 2018; 10 (8):2752.
Chicago/Turabian StyleYiming Zhuang; Xinyue Chang; Younggeun Lee. 2018. "Board Composition and Corporate Social Responsibility Performance: Evidence from Chinese Public Firms." Sustainability 10, no. 8: 2752.