This study examines how CEOs’ hobby of reading fiction reinforces empathy and, in turn, is associated with higher corporate philanthropy. Grounded in the Empathy–Altruism Hypothesis, we propose that fiction-reading sustains and deepens a multidimensional yet integrated empathic capacity, which motivates prosocial organizational decisions. With a large dataset of CEOs from non-state-owned enterprises (non-SOEs) listed in China’s A-share market from 2001 to 2018, we show robust evidence that firms led by fiction-reading CEOs engage more in corporate philanthropy; additionally, we confirm that empathy mediates this positive relationship. Furthermore, a difference-in-differences analysis with CEO transition data reveals a significant increase in corporate philanthropy with a newly appointed fiction-reading CEO. Supplementary results show that fiction-reading CEOs promote broader prosocial practices, including employee welfare and ethical governance. By introducing fiction-reading as an unobtrusive, verifiable measure of empathy, this study offers a novel methodological approach for tracing the micro-foundations of corporate social responsibility.

This study investigates how resource-constrained small and medium-sized enterprises (SMEs) develop and apply digital capabilities across value chain activities for internationalization, addressing a gap in the existing literature. Using six Taiwanese manufacturing SME case studies, and an integrated theoretical lens (Uppsala Internationalization Model, Porter’s Value Chain Framework, and Resource Orchestration Theory), the study explores how digital capabilities embedded in primary and support activities shape internationalization outcomes. Findings show that SMEs prioritize digital investments in primary and downstream activities to enhance foreign market delivery, responsiveness, trust, and visibility. Digital upgrades in support functions primarily enable internal coordination and subsidiary replication. The study identifies three mechanisms – inter-firm value enhancement, inter-firm relationship enhancement, and intra-firm management enhancement – that explain how activity-specific digital capabilities facilitate international expansion. This research offers a detailed understanding of digital capabilities deployment in SMEs and provides practical implications for leaders and policymakers on strategic, phased digital internationalization approaches.

Indigenous management theories often seek to evolve from context-specific explanations to broader theoretical contributions. Yet such expansion is frequently undermined by two recurring problems: meaning drift, where construct labels travel while their underlying meaning or measurement shifts, and mechanism slippage, where theories are stretched through post hoc moderators or rotating mediators rather than coherent causal explanations. This paper introduces a Gate-and-Expand framework that builds on Chen’s (2025) theory-evolution map and specifies two checkpoints for credible theoretical expansion. Gate 1 (Construct Portability) evaluates whether a focal construct retains comparable latent meaning and measurement across contexts. Gate 2 (Mechanism Transportability) examines whether a compact, pre-specified causal mechanism continues to explain outcomes and outperforms plausible rival explanations when the theory is extended. By clarifying evidentiary standards for expanding contextual and explanatory scope, the framework helps distinguish credible theoretical extension from overreach and supports more cumulative indigenous management research.

The rapid advance of the digital era – characterized by big data, artificial intelligence, and platform-based ecosystems – has fundamentally reshaped the landscape for Chinese technology ventures, demanding new approaches to strategic leadership, decision-making processes, and governance. Our special issue on Chinese technology ventures addresses these three distinctive challenges in the digital era. This editorial essay of the special issue first investigates the evolution of the innovation of Chinese firms over the past five decades, highlighting the interplay between technological development and government policy in driving the emergence and growth of Chinese technology ventures. Second, by examining the organizational dynamics shaped by technology and state involvement, this paper identifies how key characteristics of the digital era affect Chinese technology ventures on strategic leadership, decision-making processes, and governance. Finally, this essay introduces the articles in this special issue and proposes avenues for future research that underscore the critical importance of understanding strategic leadership, decision-making, and governance as an integrated system within the evolving digital landscape.

This article examines how merchants in early modern Japan (1600–1868) created large-scale enterprises that contained multiple stores across several jurisdictions and employed hundreds of staff in the absence of formal legal institutions designed to facilitate the formation of complex businesses. It argues that early modern merchants made use of the household (ie) to construct fictive entities that looked, wrote, and acted like individual merchants on paper, but could be controlled by different people, divided into shares, and used to shield assets from claims by local creditors and rulers. Through the clever deployment of these fictive entities, merchants constructed expansive business empires. The article uses the archive of the Nakai Genzaemon, one of the period’s wealthiest merchants, to show how these entities worked, then compares the Nakai’s organization with other premodern businesses inside and outside of Japan. Based on this analysis, the conclusion offers a critique of institutional approaches to the study of economic and business history as well as suggestions toward a new understanding of the relationship between business, state, and society in early modern Japan.