首页 > 最新文献

IIMB Management Review最新文献

英文 中文
Mediating role of innovation heuristics on the relationship between pioneering innovative orientation and organisational performance: Insights from diverse stakeholders 创新启发式在创新导向与组织绩效关系中的中介作用:来自不同利益相关者的见解
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.12.001
Sanjay Singh , Yogita Aggarwal

We conducted two studies (N = 263) to examine the relationship between the pioneering-innovative orientation of managers, innovation heuristics and organisational performance. Study 1, containing a diverse stakeholder sample (n = 201) found that the two hypothesised innovation heuristics, i.e., search and adapt heuristics and fast and frugal heuristics, significantly mediated the relationship between the pioneering innovative orientation and perceived organisational performance. In Study 2, analysis based on a sample of senior business leaders and entrepreneurs (n = 62) confirmed that pioneering innovative orientation and the two identified innovation heuristics significantly predicted the 3-year average annual turnover of firms.

我们进行了两项研究(N = 263)来检验管理者的开拓创新导向、创新启发式和组织绩效之间的关系。研究1包含不同利益相关者样本(n = 201),发现两种假设的创新启发式,即搜索与适应启发式和快速与节俭启发式,显著中介了先锋创新导向与组织绩效感知之间的关系。在研究2中,基于62名高级商业领袖和企业家样本的分析证实,开拓性创新导向和两种识别创新启发式对企业3年平均年营业额有显著的预测作用。
{"title":"Mediating role of innovation heuristics on the relationship between pioneering innovative orientation and organisational performance: Insights from diverse stakeholders","authors":"Sanjay Singh ,&nbsp;Yogita Aggarwal","doi":"10.1016/j.iimb.2022.12.001","DOIUrl":"10.1016/j.iimb.2022.12.001","url":null,"abstract":"<div><p>We conducted two studies (<em>N</em> = 263) to examine the relationship between the pioneering-innovative orientation of managers, innovation heuristics and organisational performance. Study 1, containing a diverse stakeholder sample (<em>n</em> = 201) found that the two hypothesised innovation heuristics, i.e., search and adapt heuristics and fast and frugal heuristics, significantly mediated the relationship between the pioneering innovative orientation and perceived organisational performance. In Study 2, analysis based on a sample of senior business leaders and entrepreneurs (<em>n</em> = 62) confirmed that pioneering innovative orientation and the two identified innovation heuristics significantly predicted the 3-year average annual turnover of firms.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 315-332"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622000994/pdfft?md5=1976a0cf021f4d8fd8673755c55cfb3f&pid=1-s2.0-S0970389622000994-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44148306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effect of strategic commitment and supply chain collaboration on operational and innovation performance 战略承诺和供应链协作对运营绩效和创新绩效的影响
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.12.002
Mohammed Belal Uddin

This study focuses on the interaction between strategic commitment (SC), supply chain collaboration (SCC), operational performance (OP), and innovation performance (IP). Structural equation modelling was applied to test data collected through a self-controlled questionnaire survey. Results show that SC has a substantial direct influence on SCC, and direct and indirect influence on OP and IP, respectively. SCC has a direct impact on IP and an indirect effect on OP. IP has a substantial direct influence on OP. These results would be useful to managers in building relations with their partners to enhance OP and IP, and in ensuring supply chain effectiveness.

本研究主要探讨战略承诺(SC)、供应链协作(SCC)、运营绩效(OP)和创新绩效(IP)之间的互动关系。采用结构方程模型对通过自我控制问卷调查收集的数据进行检验。结果表明,SC对SCC有显著的直接影响,对OP和IP分别有直接和间接影响。SCC对知识产权有直接影响,对OP有间接影响。IP对OP有实质性的直接影响。这些结果将有助于管理者与合作伙伴建立关系,以提高OP和IP,并确保供应链的有效性。
{"title":"The effect of strategic commitment and supply chain collaboration on operational and innovation performance","authors":"Mohammed Belal Uddin","doi":"10.1016/j.iimb.2022.12.002","DOIUrl":"10.1016/j.iimb.2022.12.002","url":null,"abstract":"<div><p>This study focuses on the interaction between strategic commitment (SC), supply chain collaboration (SCC), operational performance (OP), and innovation performance (IP). Structural equation modelling was applied to test data collected through a self-controlled questionnaire survey. Results show that SC has a substantial direct influence on SCC, and direct and indirect influence on OP and IP, respectively. SCC has a direct impact on IP and an indirect effect on OP. IP has a substantial direct influence on OP. These results would be useful to managers in building relations with their partners to enhance OP and IP, and in ensuring supply chain effectiveness.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 364-377"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622001008/pdfft?md5=6a6d58dd8554ea6651b2525e93fa835a&pid=1-s2.0-S0970389622001008-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41756605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Impact of financial brand values on firm profitability and firm value of Indian FMCG companies 金融品牌价值对印度快速消费品企业盈利能力和企业价值的影响
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2023.01.001
N. Niyas, V. Kavida

The research paper reviews literature on various brand valuation models and estimates FMCG companies' financial brand values using an appropriate financial brand valuation model in the Indian context. From 2009 to 2018, 26 BSE 500 FMCG companies were sampled. Financial brand value, prestige driver, loyalty driver, extension driver, return on assets, return on equity, stock price, and Tobin's Q were the main variables in the models. Brand value had a contemporaneous effect on stock prices, but its three-year time-lagged effect was negative. The findings have important practical implications for FMCG firms, investors, investment analysts and managers, the government, and policymakers.

研究论文回顾了各种品牌估值模型的文献,并在印度背景下使用适当的财务品牌估值模型来估计快速消费品公司的财务品牌价值。从2009年到2018年,对26家BSE 500强快速消费品公司进行了抽样调查。金融品牌价值、声望驱动、忠诚度驱动、延伸驱动、资产收益率、净资产收益率、股价和托宾Q值是模型中的主要变量。品牌价值对股价具有同期效应,但其三年滞后效应为负。研究结果对快速消费品公司、投资者、投资分析师和管理者、政府和政策制定者具有重要的实际意义。
{"title":"Impact of financial brand values on firm profitability and firm value of Indian FMCG companies","authors":"N. Niyas,&nbsp;V. Kavida","doi":"10.1016/j.iimb.2023.01.001","DOIUrl":"10.1016/j.iimb.2023.01.001","url":null,"abstract":"<div><p>The research paper reviews literature on various brand valuation models and estimates FMCG companies' financial brand values using an appropriate financial brand valuation model in the Indian context. From 2009 to 2018, 26 BSE 500 FMCG companies were sampled. Financial brand value, prestige driver, loyalty driver, extension driver, return on assets, return on equity, stock price, and Tobin's Q were the main variables in the models. Brand value had a contemporaneous effect on stock prices, but its three-year time-lagged effect was negative. The findings have important practical implications for FMCG firms, investors, investment analysts and managers, the government, and policymakers.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 346-363"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389623000010/pdfft?md5=9c759e92d00cfb6e52dde09c7b52ed4b&pid=1-s2.0-S0970389623000010-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42156092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Abusive supervision and coping strategies among Indian professionals 印度专业人员的滥用监管与应对策略
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.11.001
Sajeet Pradhan , Swati Agrawal , Shailendra Nigam

The study investigates the positive relationship between abusive supervision and employee burnout. It also explores the mediating role of problem-focused and emotion-focused coping strategies in explaining the relationship between abusive supervision and burnout. The article studies the influence of individual power distance orientation on employees’ burnout. Cross-sectional data of 294 responses were collected from Indian employees and analysed using Smart PLS. Results confirm that abusive supervision is positively related to burnout. Also, only avoidance of contact and social support mediated the effect of abusive supervision on burnout; the multi-group analysis revealed no significant difference in terms of power distance orientation.

本研究探讨了虐待性监督与员工职业倦怠之间的正相关关系。研究还探讨了以问题为中心和以情绪为中心的应对策略在解释虐待监督与倦怠关系中的中介作用。本文研究了个体权力距离取向对员工职业倦怠的影响。我们从印度员工中收集了294份回复的横截面数据,并使用Smart PLS进行了分析。结果证实,滥用监管与职业倦怠呈正相关。同时,只有避免接触和社会支持在虐待监督对倦怠的影响中起中介作用;多组分析显示,在权力距离取向方面,两组间无显著差异。
{"title":"Abusive supervision and coping strategies among Indian professionals","authors":"Sajeet Pradhan ,&nbsp;Swati Agrawal ,&nbsp;Shailendra Nigam","doi":"10.1016/j.iimb.2022.11.001","DOIUrl":"10.1016/j.iimb.2022.11.001","url":null,"abstract":"<div><p>The study investigates the positive relationship between abusive supervision and employee burnout. It also explores the mediating role of problem-focused and emotion-focused coping strategies in explaining the relationship between abusive supervision and burnout. The article studies the influence of individual power distance orientation on employees’ burnout. Cross-sectional data of 294 responses were collected from Indian employees and analysed using Smart PLS. Results confirm that abusive supervision is positively related to burnout. Also, only avoidance of contact and social support mediated the effect of abusive supervision on burnout; the multi-group analysis revealed no significant difference in terms of power distance orientation.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 303-314"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622000982/pdfft?md5=f64c14b433d27a765f78ec5becbddb9c&pid=1-s2.0-S0970389622000982-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45487174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Synopses 对照表
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2023.01.003
{"title":"Synopses","authors":"","doi":"10.1016/j.iimb.2023.01.003","DOIUrl":"https://doi.org/10.1016/j.iimb.2023.01.003","url":null,"abstract":"","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 300-302"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389623000034/pdfft?md5=c73f3724d429fa6d67f4ca3fdd151288&pid=1-s2.0-S0970389623000034-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137329854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Adoption of personal service robots in India 印度采用个人服务机器人
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.12.004
Jaydeep Mukherjee

Adopting a new product depends on consumers’ product perceptions, psychographics, and cultural contexts. This study combines stimulus-organism-response (S-O-R) and two-factor models to develop a comprehensive model for consumers’ intention to adopt artificial intelligence-powered personal service robots. Data were collected from 400 consumers in India, using existing validated scales from the literature. Structural equation modelling and path analysis were used to test the model fit. Findings suggest that consumers’ intention to adopt a personal service robot is based on perceived usefulness and risk, mediated by resistance bias. Contributions to the extant academic knowledge and marketing applications are discussed.

采用一种新产品取决于消费者对产品的认知、心理特征和文化背景。本研究结合刺激-有机体-反应(S-O-R)和双因素模型,建立消费者采用人工智能个人服务机器人意愿的综合模型。使用文献中现有的有效量表,从印度的400名消费者中收集数据。采用结构方程建模和通径分析对模型进行拟合检验。研究结果表明,消费者采用个人服务机器人的意愿是基于感知到的有用性和风险,并受到抵制偏见的调节。讨论了对现有学术知识和市场营销应用的贡献。
{"title":"Adoption of personal service robots in India","authors":"Jaydeep Mukherjee","doi":"10.1016/j.iimb.2022.12.004","DOIUrl":"10.1016/j.iimb.2022.12.004","url":null,"abstract":"<div><p>Adopting a new product depends on consumers’ product perceptions, psychographics, and cultural contexts. This study combines stimulus-organism-response (S-O-R) and two-factor models to develop a comprehensive model for consumers’ intention to adopt artificial intelligence-powered personal service robots. Data were collected from 400 consumers in India, using existing validated scales from the literature. Structural equation modelling and path analysis were used to test the model fit. Findings suggest that consumers’ intention to adopt a personal service robot is based on perceived usefulness and risk, mediated by resistance bias. Contributions to the extant academic knowledge and marketing applications are discussed.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 378-391"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622001021/pdfft?md5=8a7824768e82c5fc3d67527c79196454&pid=1-s2.0-S0970389622001021-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43485257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Performance pressure and innovative work behaviour: The role of problem-orientated daydreams 绩效压力与创新工作行为:问题导向白日梦的作用
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.12.005
Rushabh Trivedi, Murugan Pattusamy

The study advances stress and daydreaming (mind wandering) literature by exploring the relationship between performance pressure and innovative work behaviour. We examine whether problem-orientated daydreams mediate the relationship between performance pressure and innovative work behaviour. We also investigate the mediating role of problem-orientated daydreams between performance pressure and task performance. A cross-sectional survey was conducted amongst academicians in India. A theoretical model was tested using structural equation modelling techniques. The results indicate that problem-orientated daydreams mediate the relationship between performance pressure and innovative work behaviour. Further, results also support the hypothesised relationship between performance pressure and task performance mediated by problem-orientated daydreams. Our results hold while controlling for gender and institutional tenure for our hypothesised model.

该研究通过探索绩效压力和创新工作行为之间的关系,推进了压力和白日梦(走神)的研究。我们研究问题导向的白日梦是否调解绩效压力和创新工作行为之间的关系。我们还研究了问题导向型白日梦在绩效压力和任务绩效之间的中介作用。在印度的学者中进行了一项横断面调查。利用结构方程建模技术对理论模型进行了测试。结果表明,问题导向的白日梦在绩效压力和创新工作行为之间起中介作用。此外,研究结果还支持了问题导向白日梦介导的绩效压力与任务绩效之间关系的假设。在我们假设的模型中,我们的结果在控制性别和机构任期的情况下仍然成立。
{"title":"Performance pressure and innovative work behaviour: The role of problem-orientated daydreams","authors":"Rushabh Trivedi,&nbsp;Murugan Pattusamy","doi":"10.1016/j.iimb.2022.12.005","DOIUrl":"10.1016/j.iimb.2022.12.005","url":null,"abstract":"<div><p>The study advances stress and daydreaming (mind wandering) literature by exploring the relationship between performance pressure and innovative work behaviour. We examine whether problem-orientated daydreams mediate the relationship between performance pressure and innovative work behaviour. We also investigate the mediating role of problem-orientated daydreams between performance pressure and task performance. A cross-sectional survey was conducted amongst academicians in India. A theoretical model was tested using structural equation modelling techniques. The results indicate that problem-orientated daydreams mediate the relationship between performance pressure and innovative work behaviour. Further, results also support the hypothesised relationship between performance pressure and task performance mediated by problem-orientated daydreams. Our results hold while controlling for gender and institutional tenure for our hypothesised model.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 333-345"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622001033/pdfft?md5=fff74835dea6d7d033c4979d3805ac64&pid=1-s2.0-S0970389622001033-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41761488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Market design principles for the securitisation of non-performing loans 不良贷款证券化的市场设计原则
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-12-01 DOI: 10.1016/j.iimb.2022.12.003
Rohit Prasad , Yogesh B. Mathur

In a world where the problem of NPLs is all but ubiquitous, and success stories of markets of distressed debt are rare, the paper establishes design principles for the creation of such markets. It does so by creating a theoretical model for gains to trade between banks, the sellers of non-performing loans (NPLs), and asset reconstruction companies (ARCs), in a context when buyers can pay using a combination of cash and securities issued against the NPL. The theoretical model is used to generate insights for the Indian case, and a new design for NPL auctions is proposed.

在一个不良贷款问题几乎无处不在、不良债务市场的成功案例寥寥无几的世界里,本文确立了创建此类市场的设计原则。它通过创建银行、不良贷款(NPLs)卖方和资产重建公司(arc)之间交易收益的理论模型来实现这一目标,在此背景下,买方可以使用现金和针对不良贷款发行的证券组合支付。该理论模型被用于对印度的案例产生见解,并提出了一种新的不良贷款拍卖设计。
{"title":"Market design principles for the securitisation of non-performing loans","authors":"Rohit Prasad ,&nbsp;Yogesh B. Mathur","doi":"10.1016/j.iimb.2022.12.003","DOIUrl":"10.1016/j.iimb.2022.12.003","url":null,"abstract":"<div><p>In a world where the problem of NPLs is all but ubiquitous, and success stories of markets of distressed debt are rare, the paper establishes design principles for the creation of such markets. It does so by creating a theoretical model for gains to trade between banks, the sellers of non-performing loans (NPLs), and asset reconstruction companies (ARCs), in a context when buyers can pay using a combination of cash and securities issued against the NPL. The theoretical model is used to generate insights for the Indian case, and a new design for NPL auctions is proposed.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 4","pages":"Pages 392-404"},"PeriodicalIF":1.7,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S097038962200101X/pdfft?md5=cbb2f07479576c62a273725863975276&pid=1-s2.0-S097038962200101X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44012503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Performance of volatility asset as hedge for investor's portfolio against stress events: COVID-19 and the 2008 financial crisis 波动性资产作为投资者投资组合对冲压力事件的表现:COVID-19和2008年金融危机
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-09-01 DOI: 10.1016/j.iimb.2022.10.001
Chinnaraja Chendurpandian , Piyush Pandey

Under stress events, most of the asset prices tend to be positively correlated, breaking the diversification benefits. In this study, we explore the performance of different assets particularly during stress events (the 2008 crisis and the COVID-19 crisis) which can come to the rescue of portfolio managers as hedging strategies. Further, the analysis evaluates the performance of different combinations of portfolios with and without including volatility assets. Empirical results indicate that with only an allocation of 5% of the portfolio to volatility asset class, investors with different risk appetites were able to achieve 10% expected returns with reduced uncertainty.

在压力事件下,大多数资产价格趋于正相关,破坏了分散收益。在本研究中,我们探讨了不同资产的表现,特别是在压力事件(2008年危机和COVID-19危机)期间,这可以作为对冲策略来拯救投资组合经理。此外,该分析还评估了包含波动性资产和不包含波动性资产的不同投资组合的绩效。实证结果表明,只要将5%的投资组合配置给波动性资产类别,不同风险偏好的投资者就能在降低不确定性的情况下获得10%的预期回报。
{"title":"Performance of volatility asset as hedge for investor's portfolio against stress events: COVID-19 and the 2008 financial crisis","authors":"Chinnaraja Chendurpandian ,&nbsp;Piyush Pandey","doi":"10.1016/j.iimb.2022.10.001","DOIUrl":"10.1016/j.iimb.2022.10.001","url":null,"abstract":"<div><p>Under stress events, most of the asset prices tend to be positively correlated, breaking the diversification benefits. In this study, we explore the performance of different assets particularly during stress events (the 2008 crisis and the COVID-19 crisis) which can come to the rescue of portfolio managers as hedging strategies. Further, the analysis evaluates the performance of different combinations of portfolios with and without including volatility assets. Empirical results indicate that with only an allocation of 5% of the portfolio to volatility asset class, investors with different risk appetites were able to achieve 10% expected returns with reduced uncertainty.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 3","pages":"Pages 242-261"},"PeriodicalIF":1.7,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622000751/pdfft?md5=d5b3db9dfca1bfe4d44f715d04c51841&pid=1-s2.0-S0970389622000751-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45353892","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An aggregate modelling approach to examine the role of technology in operant and operand resources for value creation 一种综合建模方法,以检查技术在操作性和操作性资源中的作用,以创造价值
IF 1.7 Q3 MANAGEMENT Pub Date : 2022-09-01 DOI: 10.1016/j.iimb.2022.08.003
Ming-Hsiung Hsiao

This study aims to investigate the relationship between operant resources, operand resources, and technology and examines the influence on created value from the service-dominant logic perspective. It builds a research model for the impacting path of resources on value. For the empirical study, it adopts proxy variables as observable variables in representing latent or unobservable variables. By collecting aggregate national data, each endogenous and exogenous variable is modelled by a system of equations. The estimation results validate the dual role of technology in bridging the two types of resources between operant and operand resources for actors to create value.

本研究旨在探讨营运资源、营运资源与技术之间的关系,并从服务主导的逻辑角度检视其对创造价值的影响。构建了资源对价值影响路径的研究模型。在实证研究中,采用代理变量作为可观察变量来表示潜在或不可观察变量。通过收集汇总的国家数据,每个内生和外生变量都由一个方程系统建模。评估结果验证了技术在操作资源和操作资源之间架起桥梁的双重作用,使参与者能够创造价值。
{"title":"An aggregate modelling approach to examine the role of technology in operant and operand resources for value creation","authors":"Ming-Hsiung Hsiao","doi":"10.1016/j.iimb.2022.08.003","DOIUrl":"10.1016/j.iimb.2022.08.003","url":null,"abstract":"<div><p>This study aims to investigate the relationship between operant resources, operand resources, and technology and examines the influence on created value from the service-dominant logic perspective. It builds a research model for the impacting path of resources on value. For the empirical study, it adopts proxy variables as observable variables in representing latent or unobservable variables. By collecting aggregate national data, each endogenous and exogenous variable is modelled by a system of equations. The estimation results validate the dual role of technology in bridging the two types of resources between operant and operand resources for actors to create value.</p></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"34 3","pages":"Pages 278-285"},"PeriodicalIF":1.7,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0970389622000726/pdfft?md5=e0ca4d519fdac79829522a8b85297edd&pid=1-s2.0-S0970389622000726-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46881061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
期刊
IIMB Management Review
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1