China is galloping to a society of aged people,accord-ing to the Fourth National Population Survey,there hasbeen 97.38 million people over 60 years of age,accountingfor 8.59% of the total population.In other words,the...China is galloping to a society of aged people,accord-ing to the Fourth National Population Survey,there hasbeen 97.38 million people over 60 years of age,accountingfor 8.59% of the total population.In other words,there hasbeen an increase of 0.95 Percentage than that of the ThirdNational Population Survey in 1982.The number of elderlypeople increased in the 8 years period at the annual rate of3.02%,which was one time higher than the average total in-crease(1.48). Five cities and provinces,namely,Shanghai,Beijing,Tianjin,Zhejiang Province and Jiangsu Provincehave already become aged society.By the end of 1991,elder-ly People has reached 100 million.It is estimated that by2000, China will enter aged People’society with the totalamount of 131 million elderly people,accounting for 10%of the total population.Problems of the elderly People are vitally important so-cial issues.We often say that the children are the future ofmankind and there is no hope for the human being Withoutthe healthy development of展开更多
WARM sunshine filtered into a resting room on the secondfloor of the Oriental House for the Aged.Wang Yue,94,was sitting in his wheelchair by the door enjoying the wintersunshine.A nurse stood by him massaging his lim...WARM sunshine filtered into a resting room on the secondfloor of the Oriental House for the Aged.Wang Yue,94,was sitting in his wheelchair by the door enjoying the wintersunshine.A nurse stood by him massaging his limbs.Wang is aretired teacher from Nanjing No.30 High School,where he taughtfor 50 years.His son,who sent him to this home,work in Beijingand visits him on weekends and holidays.Other elderly folk wereplaying mahjong,watching television or reading newspapers andmagazines. Meanwhile,braced against the cold wind outside,QiaoXiuzhen,47 year-old director of he House,was unloading twotrucks of cabbages for winter storage with the cooks and farmers.When they finally finished and she entered the building,her展开更多
Abstract This study is based on behavioral theories and has the purpose of determining the predictors and contingencies of strategic decision making within the strategic tripod framework and CEO age effect. Furthermor...Abstract This study is based on behavioral theories and has the purpose of determining the predictors and contingencies of strategic decision making within the strategic tripod framework and CEO age effect. Furthermore, we focus on the effect of the interaction of these aspects on strategic decisions. Multiple theories and concepts are applied in this paper, such as the institution-, industry-, and resource-based view, upper echelons theory, socio-emotional wealth, empathy, and so on. Specifically, we focus on why Chinese real estate firms decide to enter the aged housing market. By conducting an empirical study using panel data from 134 listed Chinese real estate companies, we make the following conclusions： Institutional pressure and competitor numbers positively affect, whereas slack harms, the likelihood of entry. Ceteris paribus, the resource effect is strongest when the institutional effect is the most significant. When facing institutional pressure, a finn with a CEO older than 50 is significantly more likely to enter the aged housing market than firms with a CEO that is younger.Relieving institutional pressure and avoiding cutthroat competition are helpful in making strategic decisions but not for digesting slack resources. The CEO makes strategic decisions by replying to institutional pressure but likely not from engagements in resource or competitive affairs.展开更多
文摘China is galloping to a society of aged people,accord-ing to the Fourth National Population Survey,there hasbeen 97.38 million people over 60 years of age,accountingfor 8.59% of the total population.In other words,there hasbeen an increase of 0.95 Percentage than that of the ThirdNational Population Survey in 1982.The number of elderlypeople increased in the 8 years period at the annual rate of3.02%,which was one time higher than the average total in-crease(1.48). Five cities and provinces,namely,Shanghai,Beijing,Tianjin,Zhejiang Province and Jiangsu Provincehave already become aged society.By the end of 1991,elder-ly People has reached 100 million.It is estimated that by2000, China will enter aged People’society with the totalamount of 131 million elderly people,accounting for 10%of the total population.Problems of the elderly People are vitally important so-cial issues.We often say that the children are the future ofmankind and there is no hope for the human being Withoutthe healthy development of
文摘WARM sunshine filtered into a resting room on the secondfloor of the Oriental House for the Aged.Wang Yue,94,was sitting in his wheelchair by the door enjoying the wintersunshine.A nurse stood by him massaging his limbs.Wang is aretired teacher from Nanjing No.30 High School,where he taughtfor 50 years.His son,who sent him to this home,work in Beijingand visits him on weekends and holidays.Other elderly folk wereplaying mahjong,watching television or reading newspapers andmagazines. Meanwhile,braced against the cold wind outside,QiaoXiuzhen,47 year-old director of he House,was unloading twotrucks of cabbages for winter storage with the cooks and farmers.When they finally finished and she entered the building,her
文摘Abstract This study is based on behavioral theories and has the purpose of determining the predictors and contingencies of strategic decision making within the strategic tripod framework and CEO age effect. Furthermore, we focus on the effect of the interaction of these aspects on strategic decisions. Multiple theories and concepts are applied in this paper, such as the institution-, industry-, and resource-based view, upper echelons theory, socio-emotional wealth, empathy, and so on. Specifically, we focus on why Chinese real estate firms decide to enter the aged housing market. By conducting an empirical study using panel data from 134 listed Chinese real estate companies, we make the following conclusions： Institutional pressure and competitor numbers positively affect, whereas slack harms, the likelihood of entry. Ceteris paribus, the resource effect is strongest when the institutional effect is the most significant. When facing institutional pressure, a finn with a CEO older than 50 is significantly more likely to enter the aged housing market than firms with a CEO that is younger.Relieving institutional pressure and avoiding cutthroat competition are helpful in making strategic decisions but not for digesting slack resources. The CEO makes strategic decisions by replying to institutional pressure but likely not from engagements in resource or competitive affairs.
