Meta-standards, financial performance and senior executive compensation in China: An institutional perspective

International Journal of Production Economics

Volumn 129, Issue 1, 2011, Pages 119-126

  Lo, Chris K Y ^a   Yeung, Andy C L ^a   Edwin Cheng, T C ^a  

^a HONG KONG POLYTECHNIC UNIVERSITY   (Hong Kong)

Author keywords

Financial performance; Institutional theory; ISO 9000; Meta standards; Senior executive compensation

Indexed keywords

EXECUTIVE COMPENSATION; FINANCIAL PERFORMANCE; INSTITUTIONAL THEORY; ISO-9000; META-STANDARDS;

FINANCE; SOCIETIES AND INSTITUTIONS; STANDARDS;

INDUSTRY;

EID: 78649238555     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ijpe.2010.09.011     Document Type: Article

References (57)

1. S.W. Anderson, J.D. Daly, and M.F. Johnson Why firms seek ISO 9000 certification: regulatory compliance or competitive advantage? Production and Operation Management 8 1 1999 28 43
2. A. Awasthi, S.S. Chauhan, and S.K. Goyal A fuzzy multicriteria approach for evaluating environmental performance of suppliers International Journal of Production Economics 126 2 2010 370 378
3. N. Beck, and P. Walgenbach ISO 9000 and formalizationhow organizational contingencies affect organizational responses to institutional forces Schmalenbach Business Review 55 4 2003 293 320
4. BNP Paribas Peregrine A Guide to the Hong Kong and China Equity Market. BNP Paribas Peregrine 2003 An Asiamoney Publication Hong Kong
5. O. Boiral ISO 9000: Outside the iron cage Organization Science 14 6 2003 720 737
6. Clearing, H.K.E.a., 2003. Annual Report. Hong Kong Exchanges and Clearing, Hong Kong.
7. C.J. Corbett, and D.A. Kirsch International diffusion of ISO 14000 certification Production and Operation Management 10 3 2001 327 342
8. C.J. Corbett, M.J. Montes-Sancho, and D.A. Kirsch The financial impact of ISO 9000 certification: an empirical analysis Management Science 51 7 2005 1046 1059
9. W.E. Deming Out of the Crisis: Quality, Productivity and Competitive Position 1986 Cambridge University Press New York
10. S. Devaraj, D.G. Hollingworth, and R.G. Schroeder Generic manufacturing strategies: an empirical test of two configurational typologies Journal of Operations Management 19 3 2001 427 452
11. P.J. DiMaggio, and W.W. Powell The iron cage revisited: institutional isomorphism and collective rationality in organizational fields American Sociological Review 48 2 1983 147 160
12. R.K. Eskew, and D.L. Jensen Financial Accounting fifth ed. 1996 McGraw-Hill New York
13. L. Fahrmeir, and G. Tutz Multivariate Statistical Modelling Based on Generalized Linear Models. 1994 Springer New York
14. N. Fligstein The spread of the multidivisional form among large firms, 19191979 American Sociological Review 50 3 1985 377 391
15. J. González-Benito, DuilioReisdaRocha, and DoloresQueiruga The environment as a determining factor of purchasing and supply strategy: an empirical analysis of Brazilian firms International Journal of Production Economics 124 1 2010 1 10
16. I. Guler, M.F. Guillen, and J.M. Macpherson Global competition, institutions and the diffusion of organizational practices: the international spread of ISO 9000 quality certificates Administrative Science Quarterly 47 2 2002 207 232
17. J.F. Hair, R.E. Anderson, R.L. Tatham, and W.C. Black Multivariate Data Analysis 2006 Macmillan New York
18. T. Hversj The financial effects of ISO 9000 registration for Danish companies Managerial Auditing Journal 15 1/2 2000 47 52
19. R.L. Horton The General Linear Model, Data Analysis in the Social and Behavioral Sciences 1978 McGraw-Hill New York
20. ISO, 2004. The ISO Survey2003, Geneva.
21. ISO, 2008. The ISO Survey2007, Geneva.
22. M.A. Ketokivi, and R.G. Schroeder Strategic, structural contingency and institutional explanations in the adoption of innovative manufacturing practices Journal of Operations Management 22 1 2004 63 89
23. A. King, and M. Lenox Exploring the locus of profitable pollution reduction Management Science 48 2 2002 289 299
24. K. Kollman, and A. Prakash EMS-based environmental regimes as club goods: Examining variations in firm-level adoption of ISO 14001 and EMAS in U.K., U.S. and Germany Policy Science 35 1 2002 43 67
25. E. Lett, and J. Banister Labor costs of manufacturing employee in China: an update to 20032004 Monthly Labor Review 2006
26. C.K.Y. Lo, A.C.L. Yeung, and T.C.E. Cheng ISO 9000 and supply chain efficiency: empirical evidence on inventory and account receivable days International Journal of Production Economics 118 2 2009 367 374
27. McGuire, S.J., 2005. Meta-standards and order-qualifiers: an event study of the impact of ISO 9000 certification on the market value of a firm. Vanderbilt University, Tennessee.
28. K.A. McNeil, I. Newman, and F.J. Kelly Testing Research Hypotheses with General Linear Model 1996 Southern Illinois University Press Carbondale
29. J.W. Meyer, and B. Rowan Institutionalized organizations: formal structure as myth and ceremony American Journal of Sociology 83 2 1977 340 363
30. E. Naveh, and A. Marcus Achieving competitive advantage through implementing a replicable management standard: installing and using ISO 9000 Journal of Operations Management 24 1 2005 1 26
31. R. Reed, D.J. Lemak, and N.P. Mero Total quality management and sustainable competitive advantage Journal of Quality Management 5 1 2002 5 26
32. R. Scott Institutions and Organizations 1995 Sage Thousand Oaks
33. W.R. Scott The adolescence of institutional theory Administrative Science Quarterly 32 4 1987 493 511
34. Shanghai Securities News., 2004. The significant impact of non-price factors on companies profit margin growth, Shanghai Securities News, Shang Hai.
35. B.L. Simmons, and M.A. White The relationship between ISO 9000 and business performance: does registration really matter? Journal of Management Issues 11 3 1999 330 343
36. B.M. Staw, and L.D. Epstein What bandwagons bring: Effects of popular management techniques on corporate performance, reputation, and CEO pay Administrative Science Quarterly 45 3 2000 523 556
37. M.C. Suchman Managing legitimacy: strategic and institutional approaches Academy of Management Review 20 3 1995 571 610
38. Sundarakani, B., Souza, R., Goh, M., Wagner, S.M., Manikandan, S. Modeling carbon footprints across the supply chain. International Journal of Production Economics, in press, doi: 10.1016/j.ijpe.2010.01.018.
39. P.M. Swamidass, S.S. Nair, and S.I. Mistry The use of a neural factory to investigate the effect of product line width on manufacturing performance Management Science 45 11 1999 1524 1538
40. W.L. Tate, L.M. Ellram, L. Bals, and E. Hartmann Offshore outsourcing of services: an evolutionary perspective International Journal of Production Economics 120 2 2009 512 524
41. M. Terziovski, D. Samson, and D. Dow The business value of quality management systems certification: evidence from Australia and New Zealand Journal of Operations Management 15 1 1997 1 18
42. P.S. Tolbert, and L.G. Zucker Institutional sources of change in the formal structure of organizations: the diffusion of civil service reform, 18801935 Administrative Science Quarterly 28 1 1983 22 39
43. M.V. Uzumeri ISO 9000 and other metastandards: Principles for management practice? The Academy of Management Executive 11 1 1997 21 36
44. F.M. Viadiu, M.C. Fa, and I.H. Saizarbitoria ISO 9000 and ISO 14000 standards: an international diffusion model International Journal of Operations & Production Management 26 2 2006 141 165
45. P. Walgenbach The production of distrust by means of producing trust Organization Studies 22 4 2001 693 714
46. V.B. Wayhan, E.T. Kirche, and B.M. Khumawala ISO 9000 certification: the financial performance implication Total Quality Management 13 2 2002 217 231
47. A. Webb Cheap Chinese auto parts? Maybe not Automotive News 78 6098 2004 1 2
48. J.D. Westphal, R. Gulati, and S.M. Shortell Customization or conformity? An institutional and network perspective on the content and consequences of TQM adoption Administrative Science Quarterly 42 2 1997 366 394
49. J.D. Westphal, and E.J. Zajac Substance and symbolism in CEO's long-term incentive plans Administrative Science Quarterly 39 3 1994 367 390
50. J.D. Westphal, and E.J. Zajac The symbolic management of stockholders: corporate governance reform and shareholder reactions Administrative Science Quarterly 43 1 1998 127 153
51. J.D. Westphal, and E.J. Zajac Decoupling policy from practices: the case of stock repurchase programs Administrative Science Quarterly 46 2 2001 202 228
52. World Bank World Development Indicators 2003 World Bank Washington
53. A.C.L. Yeung, L.Y. Chan, and T.S. Lee An empirical taxonomy of quality management systems: a study of the Hong Kong electronics industry Journal of Operations Management 21 1 2003 45 62
54. E.J. Zajac, and J.D. Westphal Accounting for the explanations of CEO compensation: substance and symbolism Administrative Science Quarterly 40 2 1995 283 308
55. M.J. Zbaracki The rhetoric and reality of total quality management Administrative Science Quarterly 43 3 1998 602 636
56. C. Zhang, and D. Dhaliwal An investigation of resource-based and institutional theoretic factors in technology adoption for operations and supply chain management International Journal of Production Economics 120 1 2009 252 269
57. L.G. Zucker Institutional theories of organization Annual Review of Sociology 13 1987 443 464