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CEO military experience and corporate restructuring strategies 首席执行官的军事经验和企业重组战略
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-30 DOI: 10.1016/j.jbusres.2024.114808
Guadalupe Solano , Michael A. Abebe , Keshab Acharya

Given its emphasis on value-based training, military experience has the potential to shape a person’s character and professional decision-making. In this study, we explore the influence of CEO military experience on corporate restructuring strategies. Drawing from imprinting theory, we argue that CEOs with military experience are more likely to pursue corporate restructuring strategies compared to their non-military counterparts, given the alignment between the values espoused by ex-military CEOs (e.g., discipline, efficiency, and goal-oriented behavior) and the refocusing objectives of corporate restructuring strategies. Furthermore, we propose that longer tenure weakens this relationship. Our analysis of data from publicly traded firms paints a mixed picture. Firms led by ex-military CEOs are more likely to acquire and engage in financial restructuring via asset sell-offs but are less inclined to pursue divestitures. As proposed, longer tenure weakens the impact of ex-military CEOs on portfolio and organizational restructuring. Implications for research and practice are discussed.

鉴于其强调以价值为基础的培训,从军经历有可能塑造一个人的性格和职业决策。在本研究中,我们探讨了首席执行官从军经历对企业重组战略的影响。根据 "印记 "理论,我们认为,与非军人CEO相比,有从军经历的CEO更有可能实施企业重组战略,因为退役军人CEO所信奉的价值观(如纪律、效率和目标导向型行为)与企业重组战略的重新聚焦目标是一致的。此外,我们还提出,较长的任期会削弱这种关系。我们对上市公司数据的分析结果喜忧参半。由退役军人首席执行官领导的公司更有可能通过资产出售进行收购和财务重组,但却不太愿意进行资产剥离。正如所提出的,较长的任期会削弱退役军人首席执行官对投资组合和组织重组的影响。本文讨论了研究和实践的意义。
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引用次数: 0
The food you can trust: The moderating role of age in the relationship between consumer values and organic food trust 值得信赖的食品年龄在消费者价值观与有机食品信任关系中的调节作用
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-30 DOI: 10.1016/j.jbusres.2024.114803
Tatiana Anisimova , Demetris Vrontis

With no universal definition for organic or sustainability label claims on food products, it is challenging for shoppers to know which organic produce to trust. Therefore, a comprehensive understanding of consumer trust is critical and instrumental in encouraging sustainable buying choices. We operationalize consumer trust in organic food as encompassing cognitive particularized trust and affective anonymous trust. We test how the relationship between consumer values and trust varies in conjunction with previous organic food consumption experience and consumer age on a sample of 1011 Australian consumers. The findings reveal that values related to self-symbolism and self-transcendence are positively associated with trust, whereas values related to security and openness to change show no relationship with trust. Furthermore, it was found that consumer age strengthens the consumer values–trust link in the case of self-symbolic and security values.

由于对食品上的有机或可持续标签声明没有统一的定义,购物者很难知道哪些有机产品值得信赖。因此,全面了解消费者的信任度对鼓励可持续购买选择至关重要。我们将消费者对有机食品的信任操作化为认知上的特定信任和情感上的匿名信任。我们以 1011 名澳大利亚消费者为样本,测试了消费者价值观与信任之间的关系如何随着以往有机食品消费经验和消费者年龄的变化而变化。研究结果表明,与自我象征和自我超越相关的价值观与信任呈正相关,而与安全性和对变化的开放性相关的价值观与信任没有关系。此外,研究还发现,就自我象征和安全价值观而言,消费者年龄加强了消费者价值观与信任之间的联系。
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引用次数: 0
The unseen burden: How ambidextrous leadership erodes managers' well-being 看不见的负担双面领导如何侵蚀管理者的福祉
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-30 DOI: 10.1016/j.jbusres.2024.114802
Jianfeng Jia , Weipeng Liu , Stephen X. Zhang , Wenhao Luo

The complex nature of B2B business environments requires ambidextrous leadership to resolve conflict, manage paradoxes, and foster beneficial employee outcomes. This study pivots from the conventional research focus on the benefits of ambidextrous leadership by investigating its potential toll on the managers themselves. Grounded in Conservation of Resources (COR) theory, we propose a chain-mediating model, shedding light on the pathways through which ambidextrous leadership can inadvertently lead to resource depletion in managers, reducing their own well-being. We further introduce Human Resource Management (HRM) system strength as a potential mitigating factor against these adverse impacts. Analyzing three-wave survey data from 304 B2B managers, our findings reveal that cognitive load and emotional exhaustion play chain-mediating roles between the relationship of ambidextrous leadership and managers’ well-being, while HRM system strength weakens these negative effects. This research offers insights on the darker side of ambidextrous leadership and managerial well-being in complex B2B environments.

B2B 商业环境的复杂性要求双面领导力能够解决冲突、处理矛盾,并促进员工取得有益的成果。本研究将传统研究的重点从 "双面领导 "的益处转移到调查其对管理者自身的潜在影响上。我们以资源保护(COR)理论为基础,提出了一个链式中介模型,揭示了双向领导力可能无意中导致管理者资源枯竭、降低其自身福利的途径。我们进一步介绍了人力资源管理(HRM)系统的优势,将其作为减轻这些不利影响的潜在因素。通过对 304 名 B2B 经理的三波调查数据进行分析,我们的研究结果表明,认知负荷和情绪耗竭在 "双面领导 "与经理人的幸福感之间起着连锁中介作用,而人力资源管理体系的优势则会削弱这些负面影响。这项研究揭示了复杂的 B2B 环境中模态领导力和管理者幸福感的阴暗面。
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引用次数: 0
Tracking time-varying brand equity using household panel data 利用家庭面板数据跟踪随时间变化的品牌资产
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-30 DOI: 10.1016/j.jbusres.2024.114799
Daniel Guhl

This paper proposes a novel yet simple approach for tracking time-varying utility-based brand equity using household panel data. Our two-stage procedure allows us to estimate a discrete choice model that explicitly accounts for consumer heterogeneity, state dependence, price endogeneity, and dynamic brand equity. We present dynamic brand utility as a time-varying measure that adds to current market-based or mindset metrics. An empirical study of household purchases in the detergent category reveals that brand equity varies over time. The temporal changes in the brand equity of single brands and the differences across brands have significant implications for consumers’ brand choice and, consequently, for brand management. Therefore, the dynamic utility-based model offers valuable support for tracking a brand’s state, including the brand’s competition, and for making appropriate marketing decisions.

本文提出了一种新颖而简单的方法,利用家庭面板数据跟踪基于效用的时变品牌资产。我们的两阶段程序允许我们估计一个离散选择模型,该模型明确考虑了消费者的异质性、状态依赖性、价格内生性和动态品牌资产。我们将动态品牌效用作为一种时变衡量标准,对当前基于市场或思维模式的衡量标准进行了补充。对洗涤剂类家庭购买的实证研究显示,品牌资产随时间而变化。单一品牌的品牌资产随时间的变化以及不同品牌之间的差异对消费者的品牌选择以及品牌管理具有重要影响。因此,基于效用的动态模型为跟踪品牌状况(包括品牌的竞争状况)和做出适当的营销决策提供了宝贵的支持。
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引用次数: 0
Investigating the existence of ethnic bias in professional services 调查专业服务中是否存在种族偏见
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-28 DOI: 10.1016/j.jbusres.2024.114785
Gianfranco Walsh

The underrepresentation of ethnic minorities persists in professional service organizations because some are reluctant to hire minority employees owing to fear of negative customer evaluations. I apply expectancy violation theory to challenge the assumptions behind such hiring practice and predict that in unambiguous service encounters between majority customers and minority professional service providers (PSP) detrimental consequences are less salient. In four scenario-based studies in two contexts (lawyer, physician), I manipulate PSP ethnicity status and find that clients rate minority (vs. majority) PSPs more favorably in terms of competence, satisfaction, and rapport; rapport also mediates the relationship between PSP ethnicity status and clients’ compliance with their advice. This relationship is moderated by social dominance orientation too. A fifth study shows that the predicted relationships largely hold for positively and negatively valenced encounters. These results suggest an absence of bias effects in professional service settings and have implications for research and practice.

少数族裔在专业服务机构中代表性不足的问题一直存在,因为有些机构担心客户的负面评价而不愿雇用少数族裔员工。我运用期望违背理论来质疑这种雇用做法背后的假设,并预测在多数顾客与少数族裔专业服务提供者(PSP)之间的明确服务接触中,不利后果不太突出。在两个情境(律师、医生)中进行的四项情景研究中,我操纵了专业服务提供者的种族身份,发现客户对少数族裔(相对于多数族裔)专业服务提供者在能力、满意度和融洽关系方面的评价更高;融洽关系也是专业服务提供者种族身份与客户遵从其建议之间关系的中介。这种关系也受到社会主导取向的调节。第五项研究表明,所预测的关系在正面和负面情感接触中基本成立。这些结果表明,在专业服务环境中不存在偏见效应,并对研究和实践产生了影响。
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引用次数: 0
Integrating AI in organizations for value creation through Human-AI teaming: A dynamic-capabilities approach 通过人与人工智能的团队合作,将人工智能融入组织以创造价值:动态能力方法
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-27 DOI: 10.1016/j.jbusres.2024.114783
Cristina Simón , Elena Revilla , Maria Jesús Sáenz

Although the potentialities of artificial intelligence (AI) are motivating its fast integration in organizations, our knowledge on how to capture organizational value out of these investments is still scarce. Relying on an approach to dynamic capabilities that focuses on the team level, we examine how humans and AI create interactions that engage both agents in productive dialogue for value co-creation. Our analysis is based on a longitudinal case of the development of a recruitment algorithm at a national subsidiary of Santander bank. Our results allow to identify three main sets of human-AI teaming interactions: achieving interoperability, building trust, and producing mutual knowledge gains. We elaborate a set of propositions on how the value of AI is increased when such interactions are created through productive dialogue, opening the scope for further research on the teaming dynamics that turn the collaboration between both agents into a source of value creation for companie

尽管人工智能(AI)的潜力促使其快速融入组织,但我们对如何从这些投资中获取组织价值的了解仍然很少。我们采用一种侧重于团队层面的动态能力方法,研究人类与人工智能如何进行互动,使双方都参与到价值共创的富有成效的对话中。我们的分析基于桑坦德银行全国子公司开发招聘算法的纵向案例。我们的研究结果确定了人类与人工智能团队互动的三个主要方面:实现互操作性、建立信任和产生共同的知识收益。我们详细阐述了通过富有成效的对话创建此类互动时如何提高人工智能价值的一系列命题,为进一步研究团队合作动态开辟了空间,从而将两个代理之间的合作转化为为公司创造价值的源泉。
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引用次数: 0
Financial literacy, confidence and well-being: The mediating role of financial behavior 金融知识、信心和幸福感:金融行为的中介作用
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-27 DOI: 10.1016/j.jbusres.2024.114791
Muhammad Sajid , Rizwan Mushtaq , Ghulam Murtaza , Dorra Yahiaoui , Vijay Pereira

This study aims to investigate the impact of financial literacy and confidence on the financial well-being of US households and to explore the mediating role of financial behaviors in this relationship. To do this, we analyzed a large dataset from the two most recent waves of the state-by-state National Financial Capability Study (NFCS), covering a representative sample of US adults (n = 43,104). Results from multiple regression and mediation analyses, adjusted for relevant controls, show that financial literacy influences financial well-being directly and indirectly (mediated) through financial behaviors. Our analyses further indicate that financial confidence has a positive impact, directly and indirectly through financial behaviors, on financial well-being. Overall, our results suggest that higher levels of financial literacy and confidence lead to more responsible financial behavior, which, in turn, influences financial well-being. The findings of this study provide a valuable addition to the literature and directions for future research.

本研究旨在调查金融知识和信心对美国家庭财务状况的影响,并探讨金融行为在这一关系中的中介作用。为此,我们分析了最近两波各州国家金融能力研究(NFCS)的大型数据集,涵盖了具有代表性的美国成年人样本(n = 43104)。多元回归和中介分析的结果显示,金融知识直接影响财务状况,并通过金融行为间接(中介)影响财务状况。我们的分析进一步表明,理财信心直接或间接地通过理财行为对财务幸福感产生积极影响。总体而言,我们的研究结果表明,较高的金融知识水平和信心会导致更负责任的金融行为,进而影响财务幸福感。本研究的结果为相关文献提供了宝贵的补充,也为今后的研究指明了方向。
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引用次数: 0
An approach to brand planning under high competitor set variation 在竞争对手组合变化较大的情况下进行品牌规划的方法
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-26 DOI: 10.1016/j.jbusres.2024.114798
Mayukh Dass , Piyush Kumar , Manaswini Acharya

We present a novel approach to enable parsimonious local brand planning in situations where a brand’s competitive set varies substantially across points of sale. We conceptualize the entire assortment of products from all the rivals at a point of sale as a unique, holistic unit of competition that vies with the focal brand for a share of the local market. We then apply a mixture-type model to consumer transactions data to explicate clusters of assortments within which a brand has similar levels of sensitivity to assortment composition and local marketing mix activities. Our results reveal substantial variation in these assortment clusters across brands within a product category. Additionally, we find large variation in the sensitivity of a brand’s share to local marketing instruments, and asymmetry in the effectiveness of these instruments in offensive versus defensive modes. We use these findings to provide guidance for parsimonious local marketing planning in situations where competitive assortments vary across points of sale.

我们提出了一种新颖的方法,以便在品牌的竞争组合在不同销售点之间存在巨大差异的情况下,进行合理的本地品牌规划。我们将一个销售点所有竞争对手的全部产品组合概念化为一个独特的整体竞争单位,与重点品牌争夺当地市场的份额。然后,我们将混合型模型应用于消费者交易数据,以阐释品牌对产品组合和当地营销组合活动具有相似敏感度的产品组合群。我们的研究结果表明,在一个产品类别中,不同品牌的产品组合存在很大差异。此外,我们还发现品牌份额对本地营销手段的敏感度存在很大差异,而且这些手段在进攻和防御模式下的效果也不对称。我们利用这些发现为在不同销售点的竞争组合各不相同的情况下制定合理的本地营销计划提供了指导。
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引用次数: 0
Investigating place solidarity and consumer boycotting in threatening times: A study on the Ukraine-Russia conflict 调查威胁时代的地方团结和消费者抵制:乌克兰-俄罗斯冲突研究
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-26 DOI: 10.1016/j.jbusres.2024.114796
Alexander Josiassen , Eva Lang , Astrid Nørfelt , Florian Kock , A. George Assaf

Solidarity with a suffering country has emerged as an important topic of discussion and influence in society. Using the Ukraine–Russia conflict as the research setting, this research explores the broader conceptual nature of place solidarity and its impact on consumer behavior. Our findings reveal that place solidarity significantly influences consumer boycotting behaviors and drives key behavioral intentions, such as willingness to buy and recommend. Moreover, the study finds that perceived threats to humanity are key motivators of place solidarity. By providing a comprehensive understanding and empirical examination of place solidarity, this research offers valuable insights for managers, as well as local and international policymakers.

声援受难国家已成为社会讨论和影响的重要话题。本研究以乌克兰-俄罗斯冲突为研究背景,探讨了地方团结的广泛概念性质及其对消费者行为的影响。我们的研究结果表明,地方团结对消费者的抵制行为有重大影响,并推动关键的行为意向,如购买意愿和推荐意愿。此外,研究还发现,感知到的对人类的威胁是地方团结的关键动机。通过对地方团结的全面理解和实证检验,本研究为管理者以及地方和国际政策制定者提供了宝贵的见解。
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引用次数: 0
The price is Heavy: How the haptic sensation of weight influences preference for partitioned versus combined pricing 价格很重:重量的触觉如何影响人们对分区定价与合并定价的偏好
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-06-26 DOI: 10.1016/j.jbusres.2024.114797
Rajat Roy , Taku Togawa , Jaewoo Park , Hiroaki Ishii , Vik Naidoo

This research makes a novel proposition that the haptic sensation of weight can moderate the effect of price framing on consumer decisions. Participants who experienced heaviness (lightness) preferred a target product presented in terms of combined (partitioned) versus partitioned (combined) pricing frames. This effect was further mediated by ease of processing. Four studies (three laboratory and one field experiment) were conducted to test the key hypotheses and provide evidence for causality and external validity. Across the four studies, the haptic sensation of weight was manipulated through semantics (Studies 1, 3), embodied experience (Study 2), and part of the product experience (Study 4). In studies 1, 2 and 3, the haptic experience of weight was independent of the target product evaluation, whereas in the fourth study, the weight experience was part of the target product evaluation itself. The findings across the studies are consistent, robust, and have theoretical and managerial implications.

这项研究提出了一个新颖的命题,即重量的触觉可以缓和价格框架对消费者决策的影响。体验到重量感(轻盈感)的受试者更喜欢以组合(分区)与分区(组合)定价框架展示的目标产品。这种效应还受到加工难易程度的影响。我们进行了四项研究(三项实验室实验和一项现场实验)来验证关键假设,并为因果关系和外部有效性提供证据。在这四项研究中,重量的触觉是通过语义(研究 1、3)、体现体验(研究 2)和部分产品体验(研究 4)来操控的。在研究 1、2 和 3 中,重量的触觉体验与目标产品评价无关,而在第四项研究中,重量体验是目标产品评价本身的一部分。这些研究结果一致、可靠,具有理论和管理意义。
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引用次数: 0
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Journal of Business Research
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