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1、本科畢業(yè)論文(設(shè)計(jì))外文翻譯原文:原文:Ontheiginofsharedbeliefs(cpateculture)EricVandenSteenThisarticleshowshowcpatecultureinthesenseofsharedbeliefsvaluesiginates(oftenunintentionally)throughscreeningselfstingmanagerdirectedjointlearning.I
2、tshowsthatsuchculturewillbestrongeramongmeimptantemployeesinoldermesuccessfulfirmswhereemployeesmakeimptantdecisionsthemanagerhasstrongbeliefs.Itfurthershowshowamanager’sbeliefsinfluenceculturehowculturepersistsdespitetu
3、rnoverwhythesuggestedlinkbetweencultureperfmancemaybeacaseofinversecausality.Itfinallyshowsthatfromanoutsider’sperspectiveganizationsmaytendtooverinvestincpateculture.IntroductionMembersofthesameganizationoftensharesimil
4、arbeliefsvalues.FexampleaJetBlueemployeeismelikelytoagreewithanotherJetBlueemployeethanwithaDeltaAirlinesemployeeontheimptanceoffriendlycustomerservice.AMicrosoftemployeeismelikelytoagreewithanotherMicrosoftemployeethanw
5、ithanHPemployeeonthebenefitsofaggressiveinternalcompetition.1Suchsharedbeliefshaveimptantimplications:VandenSteen(2010a)showsthatsharedbeliefsleadtomedelegationlessmonitinghigherutility(satisfaction)higherexecutionefft(m
6、otivation)fastercodinationlessinfluenceactivitiesmecommunicationbutalsotolessexperimentationlessinfmationcollection.2Thatarticlearguesthatthereasonwhysharedbeliefs(values)havesuchapervasiveinfluenceisthattheyreduceelimin
7、atedifferencesinobjectivesthuseliminateattheroottheagencyproblemsthatarisefromsuchdifferencesinobjectives.FexampleifamanagerheremployeeB1.Iwillfocusinparticularonasettinginwhichaprincipalhiresagentsfaproject.Totakeintoac
8、countthecostofscreeningIconsideranexplicitextensivegamefmfthehiringprocessratherthananaxiomaticmatchingsolution.SharedexperienceOnceemployeesarehiredasecondhomogeneitymechanismkicksin.Inparticularemployeesexperiencefirst
9、hthefirm’sactionssuccesses.Suchexperiencewillinfluencetheirbeliefs.17Asallemployeeshavethesameexperiencestheirbeliefswillconvergeeventhoughtheybeginwithdifferingpris.Inotherwdssharedexperiencesbreedsharedbeliefs.Becausee
10、mployeesofdifferentfirmswillhavedifferentexperienceshoweverbecausefirsthexperiencesaredifficulttocommunicate18beliefswillconvergewithinfirmsbutnot(lessso)acrossfirms.Sotherewillbemewithinfirmhomogeneitythanacrossfirmhomo
11、geneity.IwillstudyhereboththemechanismthecomparativestaticsofsuchhomogeneitythroughsharedexperiencesusingaslightmodificationofthemodelofSection2toallowflearning.AfterextendingthebasichomogeneityresulttothiscontextIshowth
12、atmostofthecomparativestaticsofscreeningalsoextendifthemanagercanaffecttheemployees’learning.UnderthatconditionIalsoderiveanimptantnewcomparativestatic:firmsthathavebeensuccessfulinthepastwillbemehomogeneous.Whereasthemo
13、delinthissectionisatwoperiodmodelanearlierwkingpaper(VandenSteen2004)derivedanalogousresultsinaninfinitehizonmultiarmedbitmodel.Iuseherethesimplermodeltoincreasetransparency.CpatecultureWhenstudyingcpatecultureinthesense
14、ofsharedbeliefsvaluesitisimptanttodistinguishtwodimensions.Thefirstdimensionisthestrengthoftheculturethatisthedegreetowhichthesebeliefsvaluesareshared.Itisthisculturalstrengththathasbeenthefocusofthisarticlethathasalsore
15、ceivedthemostattentionintheliteratureoncpateculture.But—whereasculturalstrengthhasanimpactonfirmperfmance(VandenSteen2010a)—itistheseconddimensionwhichoftenseemstohavethelargerimpactonfirmperfmance:thecontentoftheculture
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