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The Effects of Brand Hypocrisy on Consumer Evaluations and Behaviors: Moderating Role of Nutrition Consciousness 品牌虚伪对消费者评价和行为的影响:营养意识的调节作用
IF 0.9 Q3 Social Sciences Pub Date : 2023-05-29 DOI: 10.15388/omee.2023.14.85
Fuat Erol
Many individuals accuse brands of hypocrisy for lacking transparency and sincerity, which could harm the brands’ image and lead to negative evaluations. Accusations of hypocrisy can also result in negative behavioral outcomes, such as brand distance and negative word of mouth (nWOM). This is particularly true for food brands, as it depends on individuals’ nutrition consciousness. Therefore, this study aims to explore the serial mediating effect of brand image and brand evaluations of the effect of the brand (mission) hypocrisy on both brand distance and nWOM, and the moderating role of nutrition consciousness on these indirect effects. Data was collected from 463 Turkish participants, and moderated serial mediation analyses were performed to test the research hypotheses. As a result, brand hypocrisy has a direct effect on brand evaluations, brand distance, and nWOM; nutrition consciousness has a moderating role on the effect of brand hypocrisy on brand image, and finally, brand image and brand evaluations serially mediate the effect of brand hypocrisy on brand distance and nWOM, where nutrition consciousness moderates both indirect effects. Thus, the current study theoretically and empirically advances the limited literature on brand hypocrisy and nutrition consciousness, and focuses on the assessment process of individuals and its behavioral outcomes.
许多人指责品牌缺乏透明度和诚意,这可能会损害品牌形象并导致负面评价。对虚伪的指责也会导致负面的行为结果,如品牌距离和负面口碑。食品品牌尤其如此,因为这取决于个人的营养意识。因此,本研究旨在探讨品牌形象和品牌评价对品牌(使命)虚伪对品牌距离和nWOM影响的一系列中介作用,以及营养意识对这些间接影响的调节作用。数据收集自463名土耳其参与者,并进行了一系列中介分析,以检验研究假设。因此,品牌虚伪性直接影响品牌评价、品牌距离和网络口碑;营养意识对品牌虚伪对品牌形象的影响具有调节作用,最后,品牌形象和品牌评价对品牌虚伪的品牌距离和nWOM的影响具有连续的中介作用,其中营养意识对这两种间接影响都具有调节作用。因此,当前的研究从理论和实证上推进了关于品牌虚伪和营养意识的有限文献,并重点关注个人的评估过程及其行为结果。
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引用次数: 0
Austerity Measures, Infrastructure and Economic Development in South Africa (1996–2019) 南非的紧缩措施、基础设施和经济发展(1996-2019)
IF 0.9 Q3 Social Sciences Pub Date : 2023-05-29 DOI: 10.15388/omee.2023.14.82
Kukhanyile Mali, Johannes Sheefeni
The paper aims to establish whether austerity measures promote economic development, improve infrastructure development, and whether they exacerbate infrastructure backlogs. The methodology used is a quantitative research method, sourcing secondary quarterly data from the South African Reserve Bank. The VAR model is used to analyse data between 1994 and 2019. The results showed that austerity measures have a significantly negative role in economic development. Also, they slow down investments that are crucial for infrastructure development. The results also pointed to the exacerbation of infrastructure backlogs caused by austerity measures.
本文旨在确定紧缩措施是否促进经济发展,改善基础设施发展,以及它们是否加剧了基础设施积压。使用的方法是定量研究方法,从南非储备银行采购第二季度数据。VAR模型用于分析1994年至2019年的数据。结果表明,紧缩措施对经济发展具有显著的负向作用。此外,它们还减缓了对基础设施发展至关重要的投资。调查结果还指出,紧缩措施造成的基础设施积压问题加剧。
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引用次数: 0
Assessment of Stock Market Liquidity and Efficiency: Evidence from an Emerging Country 股票市场流动性和效率评估:来自一个新兴国家的证据
IF 0.9 Q3 Social Sciences Pub Date : 2023-05-29 DOI: 10.15388/omee.2023.14.80
Reema Monga, Deepti Aggrawal, Jagvinder Singh
The study examines the market efficiency, multi-dimensions of liquidity, and their interconnectedness for the Emerging Indian Stock Market. In contrast to the extant literature, the current study involves testing the market liquidity considering multi-dimensions such as depth, breadth, immediacy, tightness, and resiliency. Second, the study used a battery of tests to determine efficiency, including the Ljung and Box, runs test, Bartel test, Variance ratio, and BDS tests. Furthermore, using five quintiles classified by market depth, the linkage of market efficiency and liquidity is also being investigated. The findings show that during the pandemic, the Indian stock market has been proven to be efficient, suggesting that there are no abnormal returns. Moreover, the research demonstrates that during the COVID-19 pandemic, large volumes of securities are traded quickly and at a lower price effect, but with higher trading costs for completing a market transaction. However, it is worth noting that increased liquidity equates to greater efficiency, while lower liquidity equates to inefficiency.  
该研究考察了新兴印度股票市场的市场效率、流动性的多维度及其相互关联性。与现有文献相比,当前的研究涉及考虑深度,广度,即时性,紧性和弹性等多维度的市场流动性测试。其次,该研究使用了一系列测试来确定效率,包括Ljung和Box、运行测试、Bartel测试、方差比和BDS测试。此外,利用市场深度分类的五个五分位数,还研究了市场效率与流动性的联系。研究结果表明,在疫情期间,印度股市已被证明是有效的,这表明没有异常回报。此外,研究表明,在COVID-19大流行期间,大量证券快速交易,价格效应较低,但完成市场交易的交易成本较高。然而,值得注意的是,流动性增加等同于效率提高,而流动性降低等同于效率低下。
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引用次数: 0
Low Consumer Social Responsibility Increases Willingness to Buy from Large vs. Small Companies 较低的消费者社会责任增加了从大公司购买的意愿
IF 0.9 Q3 Social Sciences Pub Date : 2023-05-29 DOI: 10.15388/omee.2023.14.86
Elze Uzdavinyte, Zivile Kaminskiene
Previous research mainly concentrated on the link between the company size and consumer perceptions related to corporate social responsibility (CSR). Here we aim to extend the previous findings to the context of the consumer’s individual trait of social responsibility. Building on signaling theory, we analyze such signals as company size and demonstrate that consumers have a decreased willingness to buy a product originating from a large company as compared to a small company. However, the effect flips for consumers with low social responsibility as they show a higher willingness to buy large company products. We contribute to signaling theory by showing that consumer traits such as consumer social responsibility can play an important role in the effectiveness of the signal. In addition, these findings contribute to consumer social responsibility research as well as consumer behavior literature by showing that the company size effect is moderated by consumer social responsibility. Theoretical and managerial implications are discussed together with directions for future research.
以往的研究主要集中在公司规模与消费者对企业社会责任的认知之间的联系。在这里,我们的目的是将之前的研究结果扩展到消费者的个人社会责任特征的背景下。基于信号理论,我们分析了公司规模等信号,并证明与小公司相比,消费者购买大公司产品的意愿降低。然而,对于社会责任感较低的消费者来说,这种影响发生了逆转,因为他们表现出购买大公司产品的更高意愿。我们通过证明消费者的特征,如消费者的社会责任,可以在信号的有效性中发挥重要作用,为信号理论做出了贡献。此外,这些发现有助于消费者社会责任研究以及消费者行为文献,表明公司规模效应受消费者社会责任的调节。讨论了理论和管理含义以及未来研究的方向。
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引用次数: 0
COVID-19 Vaccination and Fear Indices Impacting on Healthcare Stock Indices Price in Southeast Asia during the Vaccination Rollout COVID-19疫苗接种和恐惧指数对疫苗接种期间东南亚医疗保健股票指数价格的影响
IF 0.9 Q3 Social Sciences Pub Date : 2023-05-29 DOI: 10.15388/omee.2023.14.88
Matthew Jeremiah, Andreas Setiadi, S. A. H. Havidz
This research aims to investigate the impact of COVID-19 vaccinations and fear indices on healthcare stock index prices in Southeast Asia during the vaccination rollout. The authors analyzed four Southeast Asian countries (i. e., Indonesia, Malaysia, Singapore, and Thailand) during the period of vaccination rollout by using daily weekday data from 1 March to 19 November 2021, with a total of 760 observations. The authors utilized Feasible Generalized Least Squares (FGLS) for the main methodology and incorporated Generalized Method of Moments (GMM) as the robustness check. The authors discovered three findings, including: (1) Increased number of people exploring news around vaccine doses created positive sentiments, while vaccine hesitancy revealed the opposite result; (2) Healthcare stock was found to be a defensive sector during the later period of the COVID-19 pandemic; (3) Many new investors arose during the pandemic, and it led to herding behavior thus, the investors’ decision-making was based on sentiment. It concludes that vaccine dose and hesitancy news can be utilized to manage investors’ portfolio investment in the healthcare sector. The government should disseminate more about the COVID-19 vaccination to citizens to prevent vaccine hesitancy. Investors could consider including healthcare stock in their portfolios to minimize risk during a pandemic. Citizens’ wise usage of social media and cooperation are needed to end the pandemic.
本研究旨在调查新冠肺炎疫苗接种和恐惧指数在疫苗接种期间对东南亚医疗保健股票指数价格的影响。作者使用2021年3月1日至11月19日的每日工作日数据,分析了四个东南亚国家(即印度尼西亚、马来西亚、新加坡和泰国)在疫苗接种期间的情况,共有760次观察。作者使用可行广义最小二乘法(FGLS)作为主要方法,并结合广义矩量法(GMM)作为鲁棒性检查。作者发现了三个发现,包括:(1)越来越多的人探索有关疫苗剂量的新闻,产生了积极的情绪,而疫苗犹豫则揭示了相反的结果;(2) 在新冠肺炎大流行后期,医疗保健股被发现是一个防御性行业;(3) 疫情期间出现了许多新投资者,并导致了羊群行为。因此,投资者的决策是基于情绪的。它的结论是,疫苗剂量和犹豫消息可以用来管理投资者在医疗保健行业的投资组合。政府应向公民传播更多关于新冠肺炎疫苗接种的信息,以防止疫苗犹豫。投资者可以考虑将医疗保健股票纳入投资组合,以最大限度地降低疫情期间的风险。公民需要明智地使用社交媒体并进行合作,以结束疫情。
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引用次数: 0
Trade Integration and Export Aspiration: Evidence from India’s Trade in Goods with BRICS Countries 贸易一体化与出口愿望:来自印度与金砖国家货物贸易的证据
IF 0.9 Q3 Social Sciences Pub Date : 2022-12-22 DOI: 10.15388/omee.2022.13.90
Mudaser Ahad Bhat, A. Jamal, Mirza Nazrana Beg
The purpose of this study was to examine the dynamics of trade between India and the BRICS countries as well as to gauge the relative strength of Indian exports to those nations. The trade integration patterns among BRICS countries were also analyzed. To quantify the extent to which India’s exports correspond to the needs of its BRICS counterparts, a novel export aspiration index was constructed. The index of trade integration patterns has also been employed to quantify India’s trade integration pattern with other BRICS members. Further, the gravity model of trade has been employed to analyze the fundamentals of India–BRICS trade. The export aspiration in individual BRICS countries shows a diverse pattern. However, India’s export aspiration in these countries has improved, although marginally in the long run. Such empirical evidence substantiates that the relative strength of India’s exports within its BRICS counterparts has marginally improved over time. Moreover, the trade integration index indicates a similar trade integration pattern among the BRICS countries and corroborates the presence of inter-industry trade. Added to the conventional variables of the gravity model, India’s outward multilateral trade resistance and BRICS inward multilateral trade resistance significantly promote India–BRICS trade. Hence, the relative strength of Indian exports will increase substantially if India’s commodity composition is diversified by including more commodities in its export baskets that correspond to the needs and changing conditions of the BRICS economies.
本研究的目的是考察印度与金砖国家之间的贸易动态,并衡量印度对这些国家出口的相对实力。分析了金砖国家间的贸易一体化模式。为了量化印度的出口在多大程度上符合金砖国家同行的需求,构建了一个新的出口愿望指数。贸易一体化模式指数也被用来量化印度与金砖国家其他成员国的贸易一体化模式。此外,贸易引力模型被用于分析印度与金砖国家贸易的基本面。金砖国家的出口意愿呈现出多样化的格局。然而,印度在这些国家的出口愿望有所改善,尽管从长远来看略有改善。这些经验证据证明,随着时间的推移,印度在金砖国家出口中的相对实力略有改善。此外,贸易一体化指数表明金砖国家之间存在类似的贸易一体化模式,并证实了行业间贸易的存在。加上引力模型的常规变量,印度对外多边贸易阻力和金砖国家对内多边贸易阻力显著促进了印度与金砖国家的贸易。因此,如果印度的商品构成多样化,将更多的商品纳入其出口篮子,以满足金砖国家经济体的需求和不断变化的条件,那么印度出口的相对实力将大幅增加。
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引用次数: 0
Investigation of Fractal Market Hypothesis in Emerging Markets: Evidence from the MINT Stock Markets 新兴市场分形市场假说研究——来自MINT股票市场的证据
IF 0.9 Q3 Social Sciences Pub Date : 2022-12-22 DOI: 10.15388/omee.2022.13.89
Yunus Karaömer
This study aims to investigate the market efficiency of emerging stock markets, namely the Mexico, Indonesia, Nigeria, and Turkey (MINT) stock markets based on the Fractal Market Hypothesis. For this purpose, the ARFIMA and ARFIMA-FIGARCH type models are used to analyze the MINT stock return series. In this study, the dataset encompasses the daily frequency data of the MINT stock market indices from January 12, 2018, to January 12, 2022. The empirical findings show that long memory is reported for the MINT stock returns. The long memory in the returns implies that the MINT stock prices follow a predictable behavior that is consistent with the Fractal Market Hypothesis. The long memory in the volatility implies that the uncertainty or risk is an important factor in the formation of price movements in the MINT stock prices. Moreover, the MINT stock prices consist of the effect of shocks and news that occurred in the recent past. Thus, this study contributes to investors, academics, and market regulatory authorities. Besides, as far as we know, the current literature on the analysis of the fractal market hypothesis to explore the efficiency of the MINT stock markets has not been found.
本研究旨在基于分形市场假说研究新兴股票市场,即墨西哥、印度尼西亚、尼日利亚和土耳其(MINT)股票市场的市场效率。为此,使用ARFIMA和ARFIMA-FGARCH类型的模型来分析MINT股票回报序列。在这项研究中,数据集包括2018年1月12日至2022年1月12中MINT股市指数的日频率数据。实证结果表明,MINT股票收益率具有长记忆性。收益中的长记忆意味着MINT股价遵循一种可预测的行为,这与分形市场假说一致。波动性中的长记忆意味着不确定性或风险是MINT股价形成价格波动的重要因素。此外,MINT股价由最近发生的冲击和新闻的影响组成。因此,本研究有助于投资者、学者和市场监管机构。此外,据我们所知,目前文献中还没有关于分析分形市场假说来探索MINT股票市场效率的研究。
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引用次数: 1
The Role of Green Self-Identity and Self-Congruity in Sustainable Food Consumption Behaviour 绿色自我认同和自我协调在可持续食品消费行为中的作用
IF 0.9 Q3 Social Sciences Pub Date : 2022-12-22 DOI: 10.15388/omee.2022.13.83
Žaneta Gravelines, Jūratė Banytė, Aistė Dovalienė, Agnė Gadeikienė
The aim of this paper is to explore the role of green self-identity and self-congruity with green food products in predicting consumers’ sustainable food consumption behaviour. Previous research suggests that there is a relationship between individuals’ self-identity and the consumption of products. However, when it comes to the realm of sustainable food consumption, those relations are not unambiguous. This study employs a survey with a sample of 837 respondents in Lithuania. The findings confirm that green self-identity and self-congruity with green food products positively influence subsequent sustainable food consumption behaviour both directly and indirectly. The implications of this study can be used to better understand green consumer behaviour and provide useful information to marketers and policymakers by suggesting that the promotion of sustainable food consumption behaviour should highlight not only functional but symbolic benefits as well.
本文的目的是探讨绿色自我认同和与绿色食品的自我一致性在预测消费者可持续食品消费行为中的作用。先前的研究表明,个人的自我认同与产品消费之间存在关系。然而,在可持续粮食消费领域,这些关系并不明确。本研究对立陶宛837名受访者进行了抽样调查。研究结果证实,绿色自我认同和与绿色食品的一致性直接或间接地对随后的可持续食品消费行为产生了积极影响。这项研究的意义可以用来更好地理解绿色消费者行为,并通过建议促进可持续食品消费行为不仅应强调功能性好处,还应强调象征性好处,为营销人员和决策者提供有用的信息。
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引用次数: 1
Relationship between Person–Environment Fit Types and Turnover Intention: A Moderated Mediation Model 人-环境契合类型与离职倾向的关系:一个有调节的中介模型
IF 0.9 Q3 Social Sciences Pub Date : 2022-12-22 DOI: 10.15388/omee.2022.13.85
G. Kerse, Daimi Koçak, Mustafa Babadağ
In this study, drawing on Hobfoll’s Conservation of Resources (COR) Theory, we tested a moderated mediation model that investigates person–organization (PO) fit as the mediator and per- son–job (PJ) fit as the moderator in the relationship between person–supervisor (PS) fit and turnover intention. Data were collected from 232 bank employees in Turkey by using a survey method. Consistent with hypothesized conceptual scheme, results showed that PO fit mediated the relationship between PS fit and turnover intention. Furthermore, moderated mediation results indicate that PJ fit not only moderated the relationship between PS fit and PO fit but also reinforced the indirect effect of PS fit on turnover intention (via PO fit). We argue that indirect effect of PS fit on turnover intention through PO fit was stronger for employees with high job fit than for employees with low job fit. The theoretical and practical implications, limitations, and future research directions are also discussed.
本研究以Hobfoll的资源守恒理论为基础,检验了一个有调节的中介模型,该模型考察了个人-组织(PO)契合与个人-工作(PJ)契合在个人-主管(PS)契合与离职倾向之间的中介作用和调节作用。采用调查法对土耳其232名银行员工进行数据收集。结果表明,职位匹配在职位匹配与离职倾向之间起中介作用,与假设的概念图式一致。PJ拟合不仅调节了PS拟合和PO拟合之间的关系,还强化了PS拟合对离职倾向的间接影响(通过PO拟合)。研究发现,高职位契合度员工的PS契合度对离职倾向的间接影响强于低职位契合度员工的PS契合度。最后讨论了该方法的理论与实践意义、局限性和未来的研究方向。
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引用次数: 1
Customer Engagement in Emerging Markets: Framework and Propositions 新兴市场的客户参与:框架和主张
IF 0.9 Q3 Social Sciences Pub Date : 2022-12-22 DOI: 10.15388/omee.2022.13.80
L. Hollebeek, Norberto Muniz-Martinez, Moira Clark, Agne Simanaviciute, Neda Letukyte
Emerging markets are a major contributor to global GDP, thus offering a primary source for economic growth. However, despite these acclaimed benefits, little remains known regarding customer engagement (i.e., a customer’s resource investment in his/her brand interactions) in emerging markets, thus exposing a pertinent literature-based gap. The development of enhanced insight into customer engagement dynamics in emerging (vs. developed) markets is important, given the idiosyncrasies characterizing these markets (e.g., chronic resource shortages, inadequate infrastructure), thus warranting the undertaking of further research in this integrative area. In response to this gap, this paper develops a framework and an associated set of Propositions of emerging market-based customer engagement, by drawing on Sheth’s (2011) emerging market hallmarks. Specifically, our Propositions postulate that the emerging market tenets of socio-political governance, inadequate infrastructure, market heterogeneity, chronic resource shortages, and unbranded competition uniquely affect emerging market-based customer engagement. We conclude by discussing our findings and by outlining key implications that arise from our analyses.
新兴市场是全球GDP的主要贡献者,因此是经济增长的主要来源。然而,尽管有这些广受赞誉的好处,但在新兴市场中,人们对客户参与度(即客户在其品牌互动中的资源投资)知之甚少,从而暴露出相关的文献差距。考虑到新兴市场(相对于发达市场)的特质(例如,长期资源短缺,基础设施不足),对新兴市场(相对于发达市场)客户参与动态的深入了解是很重要的,因此需要在这一综合领域进行进一步的研究。为了弥补这一差距,本文借鉴Sheth(2011)的新兴市场特征,开发了一个框架和一套相关的新兴市场客户参与主张。具体来说,我们的主张假设新兴市场的社会政治治理原则、基础设施不足、市场异质性、长期资源短缺和非品牌竞争对新兴市场的客户参与产生了独特的影响。最后,我们讨论了我们的发现,并概述了从我们的分析中产生的关键含义。
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引用次数: 0
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Organizations and Markets in Emerging Economies
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