As the oldest and most representative academic journal in the field of management, the Journal of Management and Business Research has entered its 35th year since establishment. When I took over as the chief editor of the Journal of Management and Business Research in April, 2014, I expressed the dream to shorten the turnaround time for reviewing manuscripts, with the goal of completing the preliminary manuscript assessment within 60 days on average. According to examining the latest statistics, the average time expended was 46 days for each of the nearly 60 manuscripts that were submitted in the past year, so we have already achieved the goal of completing initial manuscript assessment within 60 days on average. We hope we can continue to maintain such a turnaround time and provide authors and reviewers with better and faster service through electronic review methods.

The UMC Management Thesis Award, sponsored by the United Microelectronics Corporation, has entered its eighth year. The published theses recommended by theJournal of Management and Business Research were honored with awards after undergoing preliminary, secondary, and final review. Among the theses, “From OEM Supplier to OBM: Initiating Competition in Cooperation” won Excellent Thesis Award, and “Research in Entrepreneurial Networks Dynamic and Stylistic Innovation: By Small Shoes' Firms in Taiwan” won Best Thesis Award. We extend our congratulations to the authors for receiving their awards.

A total of five articles are published in this issue. The first article, “Issue Responses and Crisis Signals: Analyses of Media Issues on Formosa Chang Chain Restaurant Raising” is a case study on rising prices inthe braised pork rice chain restaurant Formosa Chang,exploring the media coverage and the corporate response.The study summarizes the causes for organizational crisis and its telling signs; the more signs, the more likely the issue will develop into a crisis. In addition to being beneficial to media issue and crisis management in the process of academic theory development, firms can refer to this strategy when facing media issues.

The second article, “The Determinants of Operational Risk on the Firm and CEO Characteristics in Industrial Firms”, explores the causes of operational risk from the firm and chief executive officer (CEO) characteristics, using the industrial firms in America during the period 1980 to 2012 as the subjects. The results show that firms that are complex, with high accounting risk, and with weak internal corporate governance tend to suffer operational losses. They also find that firms experiencing operational losses tend to be firms have CEOs with high equity incentives, young age, and short tenure.

Based on companies that survived financial distress from 1990 to 2008, the third article, “Earnings Management in DistressSurviving Firms” observesthe companies' earningsmanagement behavior in three periods which is three years prior, during, and three years after the financial distress. The empirical results show that companies have more significant income-increasing real earnings management before and after financial distress periods than that during the financial distress. It implies that companies with financial distress are hard to manipulate the earnings due to the constraints.

Based on the results of the national financialliteracy surveys conducted by the Financial Supervisory Committee (FSC) in2007, 2009, and 2011, the fourth article, “The Relationship between Adolescent Financial Literacy and Financial Behavior”, explores the relationship between adolescents' financial literacy and their financial behaviors. The study found that adolescents' financial literacy has a significant positive effect on their financial behavior, in which adolescents who come from a family with a high annual income and those who actively seek financial information have higher financial literacy. In addition, the benefits of improving financial knowledge are most significant when adolescents research information through newspapers, magazines, the Internet, and television news.

In the fifth article, “Predatory Publishing in Business and Management: Journal Whitelists/Blacklists and Cautionary Notes”, the author explores the current environment of business management academic journals, diving deep to analyze predatory journals and investigate the impact their blacklists and whitelists have on the academic community. In addition, the author elucidates on the status of Taiwanese business management scholars involved in predatory publishing. This article is of great significance to academic researchers; we hope thatresearchers will put more thought into the journals they make submissions to and not neglect the importance of quality for the sake of quantity.