Failure to drink, failure to launch? A model of the perceived stigma of nondrinkers in the workplace. Applied Psychology Vol. 70, Issue 4 pp.1-27 October 2021

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Although drinking alcohol in the workplace is usually prohibited, certain work-related activities (e.g., happy hours and office parties) might encourage drinking as part of the work socialization process. Cultures with strong drinking norms may even hold expectations for employees to drink as a means to bond with colleagues and clients, resulting in the perception of the stigma of nondrinkers. However, research has yet to examine the influence of strong workplace drinking cultures on employees with drinking restrictions. In this study, we sample participants from South Korea, a country with high workplace drinking norms, to identify the presence of the perceived stigma of nondrinkers (PSND) among employees. We also examine the identity management of individuals' drinking restrictions at work along with organizational factors related to PSND in workplace settings. We find that strong organizational drinking norms and lack of perceived supervisor support are related to greater PSND. High PSND is related to fear of disclosing one's nondrinking status and a greater likelihood of drinking for work functions among nondrinkers. We also identify negative work outcomes related to PSND (higher turnover, lower organizational commitment) and find that organizational commitment mediates the relationship between PSND and turnover intentions. Implications of our findings are discussed.

The Impact of Regime Change on the Influence of the Central Bank's Inflation Forecasts: Evidence from Japan's Shift to Inflation Targeting. International Journal of Central Banking, 70th Issue (October 2021)

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Many central banks release inflation forecasts to reduce uncertainty; at the same time, an increasing number rely on a publicly stated medium-term inflation target to help anchor expectations.We examine how the adoption of an inflation target (IT) by a major central bank, the Bank of Japan (BOJ), influenced the impact of its inflation forecasts on private-sector expectations.We find that the relative accuracy of central bank forecasts versus those of the private sector declined, a deterioration not evident in GDP forecasts. This appears to have been due to a structural (upward) shift in central bank inflation forecasts with the introduction of the IT regime. Regression results suggest that private-sector forecasts discounted the shift in central bank forecasts. The results are consistent with a regime, after the adoption of inflation targeting, in which the private sector viewed the central bank forecasts as upwardly biased. More generally, they confirm the difficulty in raising inflation expectations from below in the presence of an effective lower bound in the nominal policy interest rate.

The impacts of inward knowledge transfer and absorptive capacity on the turnover of host country nationals in MNE subsidiaries: a multilevel modeling approach. Journal of Knowledge Management, Sep. 2021

インターアクティブ・コントロールを通じた戦略の発現　ー経営会議における実態ー　『原価計算研究』2020 Vol.44 No.2　pp.112-123

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企業が予め戦略を決めているという，マネジメント・コントロールの前提には，概念的，実務的に限界がある。むしろ，意図しない戦略が発現するインターアクティブ・コントロールの比重は重い。質問票調査によると，経営会議がインターアクティブ・コントロールの必要条件を満たさなかった企業は多く，意図しない戦略が発現する機能を実務家はもっと重視するべきである。

Cross-stock market spillovers through variance risk premiums and equity flows. Journal of International Money and Finance Vol. 119, December 2021, 102480

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We estimate variance risk premiums (VRPs) in stock markets of selected major advanced economies (AEs) and emerging market economies (EMEs) over 2007-2015, and decompose the VRP into variance-diffusive risk premium (DRP) and variance-jump risk premium (JRP). Daily VAR analysis reveals significant spillovers from US and developed Eurozone's VRPs to the other economies' VRPs, especially during the post-Global Financial Crisis (GFC) period. We also find that during the post-GFC period, shocks on the DRPs of the United States and the developed Eurozone have relatively strong and long-lived positive effects on other economies' VRPs, whereas shocks on their JRPs have relatively weak and short-lived positive effects. In addition, we show that increases in the size of US VRP, DRP and JRP tend to significantly reduce weekly equity fund flows to all other AEs and some EMEs during the post-GFC period, while the impacts are limited during the GFC period. Finally, US DRP plays a more important role than US JRP in the determination of equity fund flows to other AEs during the post-GFC period. Such results indicate the possibility of equity fund flows working as a channel of cross-stock market VRP spillovers.

Are economic growth and well-being compatible? Welfare reform and life satisfaction in Japan. Oxford Economic Papers, 2021, gpab038

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Whether economic growth improves the human lot is a matter of conditions. We focus on Japan, a country which shifted in the 1990s from a pattern of rampant economic growth and stagnant well-being, to one of modest growth and increasing well-being. We discuss concurrent policy reforms and analyse the changes in well-being. In particular, we assess whether the correlates of the increase in well-being are consistent with those expected from the reforms. We apply Blinder–Oaxaca decomposition to World Values Survey data. Results show that improved conditions for the elderly, parents and women, that is the primary groups targeted by the reforms, correlate with well-being increases. This evidence is consistent with the hypothesis that social safety nets can make economic growth compatible with sustained increases in well-being.

Nomological Network of Dispositional Mindfulness: Evidence from MIDUS-II and MIDUS-III. International Journal of Psychological Studies, Vol.13, No.3, 2021

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While dispositional mindfulness is a popular construct in the field of positive psychology, its nomological network in the context of health and well-being is not well established. Our study addresses this limitation by examining the relationship between dispositional mindfulness and various health-related psychological constructs, including personality, social well-being, and affective states. Data for this study were gathered from the national longitudinal studies of health and well-being called Midlife in the United States (MIDUS-II and MIDUS-III). The nomological network analysis of dispositional mindfulness showed positive associations with both religiosity and overall well-being measures (e.g., Social Well-Being, Sympathy, Optimism, and Generativity) and negative associations with maladaptive tendencies (e.g., Pessimism, Aggression, Neuroticism, and Personal Constraints). Finally, test-retest validity was positively verified by significant correlations among the variables, spanning over ten years. Articulating a nomological network of dispositional mindfulness has important implications for future research and practice.

Product Creativity as an Identity Issue: Through the Eyes of New Product Development Team Members. Frontiers in Psychology,12 (July 14, 2021)

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In this study, we introduce a concept of product identification that denotes the overlap between identities of a new product and its developer. As creativity is the most important identity dimension in the new product, we draw on two dimensions of creativity: novelty and meaningfulness. According to the argument that novelty represents exploration, whereas meaningfulness represents exploitation, we hypothesize that product novelty is associated with an explorative behavior of new product team members, while product meaningfulness is associated with exploitative behavior. More importantly, product identification is proposed as the mechanism that explains the amplification effect of product identity on team members. Based on survey data collected from 200 Japanese new product development (NPD) team members, we conduct a statistical analysis to test the hypotheses. The findings demonstrate the alignment between the identity of a new product and the behaviors of the NPD members, which is amplified by product identification but not by organizational identification.

Enablers of postacquisition joint knowledge creation: evidence from joint patenting in high-tech mergers and acquisitions. Journal of Knowledge Management. (July 12, 2021)

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Abstract Purpose This study aims to investigate three organizational-level factors (geographical proximity, technological similarity and organizational identity integration) that influence the likelihood of post-mergers and acquisition (M&A) joint knowledge creation between inventors from the target and acquiring firms. Design/methodology/approach Analyzing post-M&A joint patent filing activities from 136 M&A deals in high-tech industries, the authors conduct a zero-inflated negative binomial regression analysis to estimate the likelihood of joint knowledge creation. Findings The results indicate that close geographical proximity and technological similarity are positively associated, whereas the integration of organizational identity is negatively associated with post-M&A joint knowledge creation. Practical implications Managers searching for an ideal acquisition target firm for joint production of new technologies or products should consider factors such as location, prior knowledge base and post-acquisition integration strategies. Originality/value The proposed model is a comprehensive framework that considers physical, cognitive and identity dimensions as antecedents of post-M&A joint knowledge creation. This study analyzes joint patenting activities to measure post-M&A joint knowledge creation between target and acquiring firm inventors.

コロナ禍で加速したテレワーク時代の共感マネジメント　ーコミュニケーションモデルの提案と実践手法の検討ー　『マーケティングジャーナル』2021年41巻1号　pp.54-67

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働き方改革後もなかなか進展しなかったテレワーク化は，コロナ禍によって一気に加速した。テレワークにおける社内外コミュニケーションの主たる担い手として，多くの企業でZoomなどのビデオカンファレンス・サービスの活用が本格化したが，外的要因によってやむなく導入が進んだため，コミュニケーション媒体としてのビデオカンファレンスの特徴や限界についての知見は少なく，手探りの状態にある企業は少なくない。一方，対面と比較した非対面コミュニケーションの問題として，感情労働（Hochschild, 1983）の肝となる「共感」が阻害されることが既存研究で指摘されている（Grondin et al., 2019）。テレワークにおいても従来と同レベルの共感を維持するためには，画面越しの相手の共感をモニタリングし，しっかりマネジメントすることが必要となる。オンラインで行われる講演や研修，会議やイベントでの共感について，従来型の事後アンケートで分かることには限界がある。そこで本研究では，ビデオカンファレンスやウェビナーの流れの中で参加者の共感を即時的・経時的にモニターする方法を提案し，その妥当性や有効性について検証・検討したうえで，実務的含意と今後の研究の方向性についてまとめた。

COVID-19 and Telework: An International Comparison. Journal of Quantitative Description: Digital Media Vol. 1 2021, 1-35

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This paper uses identical surveys conducted in July 2020 in eight countries – U.S., U.K., Germany, Italy, Sweden, China, South Korea, and Japan – and examines teleworking within and across these eight countries. We seek to answer the following questions: (1) Which demographic and socioeconomic groups are more likely to telework? (2) Is there any association between telework and other work-related experiences such as life satisfaction and perceived productivity at work? Across countries, we observe that teleworking was higher in countries that imposed strict lockdowns, such as China, and lower in countries that had soft lockdowns, such as Japan. Within each country, there are notable differences in teleworking between low- and high-income persons, and between those employed in small versus large firms. We also find that people who used telework before COVID-19 report higher life satisfaction compared to those who started using telework for the first time after the COVID-19 outbreak.

Reputation Incongruence and the Preference of Stakeholder: In the Context of MBA Ranking, Behavioral Sciences 2021, Volume 11 Issue 1, 10

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In this paper, we examine the effect of an organization’s multi-dimensional reputation on the external stakeholders’ preference for an organization in the notions of reputation incongruence. We propose that an organization’s incongruent reputation, or large variations among the reputations of each dimension, can be an unfavorable signal to its stakeholders based on theoretical ideas that claim reputation incongruence induces the ambiguity and risk of an organization perceived by stakeholders. We also investigate the moderating effect of reputation incongruence by positing that this incongruence may nullify the influences of reputation dimensions on the preferences of stakeholders. These propositions about reputation incongruence are empirically examined in the context of MBA programs of the global business schools which have three dimensions of reputation—career development, globalization, and research performance.