To those of us affected by the global recession that started in late 2007 (and it is hard to think of anyone in the world who is not touched by this massive downturn), it is sobering to realise that much of what has been wrought upon us is the result of decisions made behind closed doors by corporate directors, regulators and politicians. Boardroom, regulatory and political behaviours are all grounded in the desires, emotions and knowledge of the human beings who aspire to be business leaders, regulatory watchdogs and politicians.

This article reports an interview with Professors Tim Flannery and Dexter Dunphy conducted during the Australian and New Zealand Academy of Management (ANZAM) Conference in December 2009. Flannery and Dunphy share their thoughts about the meaning of sustainability and what is required of business, government and individuals in responding to global environmental problems. Both professors express their passion for sustainability and clearly articulate the vital role that business and management play in achieving a sustainable future. The interview is followed by a discussion of the major themes and implications for management educators, researchers and practitioners.

Management as a body of knowledge is dynamic such that management educators face continual challenges to achieve realism and relevance in the classroom. The emerging knowledge economy, in parallel with accelerating changes in technology, globalization and societal values, make these challenges more acute than ever before. The purpose of this article is to provide personal insights using a framework for analyzing and teaching management that draws on Rudyard Kipling's ‘six honest serving men’—what, why, when, how, where and who. These ‘honest serving men’ trigger discrete perspectives with which we can analyze, revise and recalibrate the teaching of management to ensure that it remains relevant to modern business. Teaching propositions are advanced as to management's definition.

This introduction to the special issue of the Journal of Management & Organization on social responsibility, philanthropy and entrepreneurship in the sport industry frames the key issues sport businesses, corporate partners, and related nonprofit organizations grapple with to ensure that both the organizations and the social causes which are being addressed benefit in some way. The importance of social responsibility is first examined in the context of corporations and sports. The increasing importance of social issues to sport-related industries and the role of strategic philanthropy is discussed. Next, the connection between social responsibility and philanthropic endeavors is addressed in terms of social entrepreneurship. Finally, the article concludes by highlighting the increased significance of sport in society and how the articles in this special issue contribute to a better understanding of the role of social responsibility, philanthropy and entrepreneurship in sport.

For some years now there has been growing enthusiasm amongst practitioners, managers and some academics about the value of promoting fun at work, resulting in a substantial body of managerial literature. As a result, the authors believe that fun at work deserves further research attention. In this paper the authors critically review the large body of practitioner and management literature promoting fun at work. We find this literature dependent on a number of untheorised, untested assumptions about the nature of fun, its desirability and usefulness to business. Utilising Schein’s organisational theory, alongside ethnographic research into fun at work, we highlight the complexity of implementing fun at work initiatives in practice. Drawing on organizational psychology we also make a short case study of the current use of fun at work as a job marketing tool by recruitment agencies in New Zealand. Our discussion does make it possible to come to some conclusions about fun at work. However, we also pose a series of research questions that emerge from our discussion that will provide a framework for ongoing research.

Previous research has analyzed and debated corporate governance (CG) and corporate social responsibility (CSR) independently. This paper aims to empirically explore the interrelationship between CG, CSR, financial performance (FP) and Corporate Social Performance (CSP) using a sample of 297 electronics companies operating in Taiwan, a newly industrialized Asian economy. The results show that a CG model which includes independent outside directors and which has specific ownership characteristics has a significantly positive impact on both FP and CSP, whereas FP itself does not influence CSP. The presence of independent outside directors in the firm has the greatest impact on the social performance of the firm's worker, customer, supplier, community and society dimensions. Government shareholders enhance a firm's social performance extraordinarily because government shareholders will be more likely to request that companies fulfill their social responsibilities. Only government shareholders positively and significantly relate to a firm's environmental performance. Furthermore, foreign institutional stockholders help to increase worker and supplier performance by paying more attention to employee policies and supply chain relationships. Finally, independent outside directors, foreign institutional stockholders and domestic financial institutional stockholders are shown to improve financial performance.

Clive had the privilege of speaking with Kerry in late March 2010. They covered a number of governance issues, and here are Kerry's thoughts.

From a New Zealand perspective, but also with an eye on the US and UK, and to a lesser extent Australia, for me the overriding issue is that boards and Directors are not providing consistently strong leadership that adds value to businesses.

Underneath that I think that there are three specific issues. Firstly, there is a real shortage of directors with a strong business background. These are the sort of people who have been senior executives or chief executives. They understand strategy and leadership in the broadest sense of the word, and they can lead people and organizations. They have been well trained to make decisions and understand how business decisions are made. Critically, they know about sustained business improvement and creating high performance companies – how to lead people and to use systems to increase productivity. So, if you are trying to recruit directors now in New Zealand, there is a very limited pool of people who have that real depth of business background. There are a lot of people who want to be directors and who are trained in accounting, law and other professions, but there is an increasing shortage of people with the real depth of business experience that is required.

Much of human behavior and the very fabric of our economies and culture relate to the nature of our climate, its regularity/variability and severity. Climate change should therefore be a central field of inquiry in the social, behavioral and organizational sciences generally. This is especially so given that much of the observed and current climate change is attributed with a high degree of confidence to human activities and further change is anticipated. Whilst historically biophysical research has tended to dominate attention to the climate-change issue, there is an emerging literature examining laypeople's environment-related knowledge structures and the changes in attitudes, beliefs and behaviors required to effectively implement responses to the issues raised by the physical sciences. However, there are limitations in this literature, particularly regarding how scientists themselves engage with and capture emerging knowledge related to the issue. Although there is a broad consensus that the environmental problems we are experiencing are essentially social, organizational and behavioral problems, insufficient attention has been given to the issue of how to cultivate a cross disciplinary approach to address what is a complex and systemic problem (Cash et al., 2006). This article seeks to bring that issue into focus and offers a whole-of-science agenda for climate-change related research. It is essential that social, behavioral and organizational scientists accept greater responsibility for helping to address and facilitate the social, attitudinal, behavioral and management changes required to ameliorate and respond to the environmental deterioration identified by research in the physical sciences. The need for further and ongoing multi-disciplinary and international research is both necessary and pressing. Moreover, it is an ethical and practical responsibility that individuals of all scientific persuasions cannot afford to shirk.

Previous research has identified that values affect attitudes and behaviour, and value differences may be associated with conflict in organizations. This paper examines potential national and gender differences in values in a group of 345 young people soon to be entering the Australian workforce. Although there were national, and small gender, differences in the importance placed on particular values, the young people in the study were consistent in the relative importance placed on happiness, work success and friendship, and the unimportance of life and work activities that contributed to society. Implications for organizations and suggestions for future research are explored.

Sport management as an area of business management has gained ascendancy in the past decade with more people becoming interested in how sport incorporates social benefits in a society. Sport integrates social initiatives by enhancing an organization's competitiveness by improving its public image. Social responsibility and philanthropy in sport has become a mainstream business issue and the entrepreneurial ways that sport-related organizations do this is becoming more important. This paper interviews a well-known international sport academic and practitioner on the future directions sport management will take. As social responsibility, philanthropy and entrepreneurship in the sport sector are becoming more integrated, it is important to consider how sport management will change in the future. This paper focuses on sport management as an inspiring field of business management that has an accessible audience towards social responsibility. Sport management also offers a rationale for promoting social responsibility and philanthropy to organizations and business leaders that have an opportunity to model socially responsible practices in the sport context.

This paper reports an exploratory and qualitative study of the corporate social responsibility (CSR) beliefs of leaders of large Australian financial institutions. The findings are presented in four sections. The first discusses whether leaders have a mental model of the firm that is most closely aligned with the traditional shareholder or the stakeholder view of the firm. It then examines how they frame the organization's responsibilities, particularly as they relate to balancing the needs of shareholders and other stakeholders. The third section identifies how they view CSR and the fulfilment of potential economic, legal, ethical and philanthropic responsibilities of organizations. The final section examines the driving factors that lead to their promotion of corporate social responsibility. We find that although many leaders support the wealth creation model's central premise that the organization's primary responsibility is to maximise its value in order to meet its fiduciary obligations to its shareholders, they also believe that CSR activities benefit the organization financially and in building corporate sustainability, employee engagement and performance, and social capital. CSR activities are also believed to increase the legitimacy of the organization, although philanthropy is not supported unless there is a business case. This has implications for those seeking support from organizations for community causes. We also find the view of employees as primary stakeholders is strong and widespread; an implication of this is that employee influence is a strong lever for positive change towards CSR behaviour in a firm.

The paper contributes to debates on non-profit strategy, first by arguing that intellectual capital (IC) can be utilised as a non-profit strategic management conceptual framework and second by highlighting nuances in the meaning and significance of IC. In responding to the public management agendas of government, non-profit organisations (NPOs) have had to commercialise their strategies. On the basis of data from in-depth interviews with 35 senior non-profit managers across 22 large Australian social service non-profit organisations (SSNPOs), the analysis confirms that IC assists SSNPOs in managing the social–commercial divide, but that managers' understandings of the IC concept are often different to those contained in the IC literature. IC scholars suggest that IC is synergetic with its components being inter-dependent. The managers perceived that very few inter-relationships existed between IC components. Implications of the theory—practice divide for non-profit strategy are discussed. Research limitations and future research direction are presented in the paper.

There is substantial evidence showing that it is not uncommon for workers to face, for example, unfriendly relationships, poor organizational climate, and aggressive bosses in their work settings. While self-help readings, relaxation exercises, yoga, mentalization therapies and psychological counseling help to address workers' reactions, this paper focuses on prayer and its effects, through a phenomenological study. The results indicate that the sample members usually pray everyday and/or many times during the day. The majority of them seek for some form of celestial support, like to express gratitude to some deity, and believe that there is no right place or time to pray. The findings show that the average time that is spent on praying varies. Further, prayer is also seen as a form of communication with a divine power and it is also regarded as beneficial to deal with tasks, colleagues' relationships, negative emotions and spiritual vibrations at work settings, among other things.

We highlight how directors and senior managers perceive the roles of a board to involve overseeing risk and compliance, strategy, governance, developing the CEO and senior management and managing stakeholders. We find that managers and directors perceive board effectiveness as linked to different combinations of these roles and that there appear to be differences in perceptions between different types of firms. We conclude that clarity around the board's role set is critical to furthering the corporate governance research agenda, and that the relationship between board roles and perceived board effectiveness differs between managers and directors.

The purpose of this paper was to examine ways that corporations can make a greater contribution to civic and community development through strategic ties to a city's development agenda surrounding the hosting of sporting events. Using the perspective of Corporate Community Involvement (CCI), we draw upon data collected as part of a larger study on sporting events and community development to explore how cities and corporations can make socially responsible contributions to communities. The guiding principles of community involvement in decision-making, full public disclosure and transparency, and grassroots legacy planning underscore the importance of community-based strategies for CCI. We offer three related strategies: comprehensive social and community impact assessments, facilitation of local knowledge capital and providers, and cross-sectoral management event programming as ways for corporations to begin to engage in CCI activities related to events. These strategies offer opportunities for organisation to use sport to make a valuable contribution to communities and community development activities.

Although the use of intuition in managerial decisions has been documented, many questions about the intuitive process and its antecedent stages remain unanswered, in particular the role of affective traits and states. The study reported in this article investigates whether decision makers who are more attuned to own emotions and experience a particular mood have an easier access to intuition. Our findings indicate that emotional awareness has indeed a positive effect on the use of intuition, which appears to be stronger for women. Surprisingly, positive and negative mood seem to influence intuition according to their intensity rather than positive/negative distinction.

The influence of corporate governance on a firm's performance has recently been studied in industrial enterprises in developed countries, but not in services such as banks with a dual board system in Asia's newly-industrialized economies (NIEs). This research examines the effects of board structure and ownership on a bank's performance using a sample of 41 commercial banks in an Asian NIE (Taiwan). Results showed that board size, numbers of outside directors, and family-owned shares are positively associated with bank performance, whereas the number of supervisory directors has a negative influence on performance. The findings provide empirical support for corporate governance, which improves the performance of banks with a dual board system in Taiwan.

The paper advances into a new field of multi-disciplinary inquiry called scandal scholarship. The general thrust of this scholarship should be to understand what factors are determinative to the management of scandals in organizations. The specific focus of this paper is to address the question: what options do organizations have in the immediate period following public exposure? First, a typology gleaned from relevant literatures, attempts to classify the variable ways troubled organizations attempt to extricate themselves from scandal. The typology, in its naïve form, was then applied to a recent case of corporate wrongdoing of international significance. As a result the framework was refined to achieve stronger congruence between case realities and classification. With more development this typology may be able to forecast the scandal management strategies of troubled organizations through an identification of the remedial responses they deploy. This would be great assistance to those who must engage with the troubled organization such as regulators and stakeholders.

Previous scholars considered competence a ‘fuzzy concept’ and addressed confusions such as ‘competency vs. competence’ and ‘competence vs. core competence’. However, the issue ‘What is the essence of employee competence?’ remains unclear. By inference, the essence of competence is addressed in adoption of an organization's sustained competitive advantage viewpoint different from the traditional viewpoint of enhancing individual employability. This paper contends that employee competence is strategically driven by organizational core competence. Psychologically, employee competence and organizational core competence are similar and linked in terms of person–organization fit and person–job fit. A contextual competence framework is established enlightening the essence of employee competence and redefines competence as a ‘temporary asset’ rooted in the interactively organizational context. Contextual variables including shared values, mutual trust and mutual investment bolster the alignment between employee competence and organizational core competence and develop employee competence as firm-specific, thus becoming a source for sustained organizational competitive advantage.

Cause-related marketing (CRM) refers to the marketing strategy an organization uses to associate itself with a good cause. Even though CRM decisions may be partly charitable, they may also serve corporate self-interest. Although this area of inquiry is growing, CRM's strategic potential as an effective management tool for connecting sport organizations (i.e., teams) with consumers has not been thoroughly examined in a sport management context. In order to provide an improved picture of spectator sport consumers' perceptions toward a sport team's CRM initiatives, we developed a structural model that incorporates perceived CRM, attitudes toward the team, and re-attendance intention. Using LISREL analysis, the findings showed that CRM's effect on re-attendance intention was completely mediated through the attitude toward the team. In addition, perceptions toward the team's motive for CRM did not vary CRM's effect on attitude and behavioral intention. The lack of interaction effect might provide evidence that there may be universal appeal and effectiveness of CRM in a spectator sport context. Consequently, the findings provide a useful rationale for making managerial decisions about implementing and maintaining CRM efforts in sport organization.