Hongpeng Wang, R. Du, Wenqi Shen, Liangfei Qiu, Weiguo Fan
{"title":"Product Reviews: A Benefit, a Burden, or a Trifle? How Seller Reputation Affects the Role of Product Reviews","authors":"Hongpeng Wang, R. Du, Wenqi Shen, Liangfei Qiu, Weiguo Fan","doi":"10.25300/misq/2022/15660","DOIUrl":"https://doi.org/10.25300/misq/2022/15660","url":null,"abstract":"The sales effect of product reviews has been a contentious issue with competing perspectives about when product reviews serve as a benefit, a burden, or a trifle. Unlike previous research that separately investigates the impact of each eWOM system, our study empirically examines the interaction effects of dual eWOM systems, i.e., product reviews and seller reputation. Drawing on reference point theory, we find that seller reputation systems play a reference-point role and determine the efficacy of product reviews. Specifically, negative reviews cause a significant loss in sales for high-reputation sellers but are less detrimental for low-reputation sellers. In contrast, positive reviews can boost sales for low-reputation sellers but are less helpful for high-reputation sellers. These results highlight that seller reputation is a double-edged sword. While a high seller reputation can reduce seller uncertainty and attract more consumers, it may also raise consumers’ expectations and lead to potential negative expectancy violations. Moreover, we explore what strategies may help mitigate the potentially detrimental effect of reference points for high-reputation sellers. Through the lens of restructuring reference points, the reputation reference effect can be adjusted in a more dynamic reputation system (e.g., a reputation badge). Compared to sellers that have never lost their top-rated badge, sellers that have lost their top-rated badge may face an attenuated detrimental impact on sales from the negative expectancy violation due to negative reviews and enjoy a positive impact from positive reviews. We discuss the implications of our findings for both theory and practice.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133988433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Best Practices for Government Procurement of Data-Driven Technologies","authors":"R. Richardson","doi":"10.2139/ssrn.3855637","DOIUrl":"https://doi.org/10.2139/ssrn.3855637","url":null,"abstract":"Though governments have been consumers of technology products for decades, new data- driven technologies (e.g. data analytics, surveillance technologies, database management systems) present new challenges and legal concerns that were not contemplated when most relevant procurement laws or policies were developed. This guidance offers high- level considerations and recommendations that can improve transparency, accountability, oversight and public trust in government technology procurement without legislative or regulatory reform (though modernization of procurement laws and policies is highly encouraged). The guidance focuses on best practices government officials can employ prior to a technology being used or formally implemented, and it includes an appendix that summarizes additional procurement resources and reports. This guidance can also be useful to advocates seeking to understand and engage in government technology procurement.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130544178","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reporting Technologies and Textual Readability: Evidence from the XBRL Mandate","authors":"Xitong Li, Hongwei Zhu, Luo Zuo","doi":"10.1287/isre.2021.1012","DOIUrl":"https://doi.org/10.1287/isre.2021.1012","url":null,"abstract":"The eXtensible Business Reporting Language (XBRL) can standardize numerical disclosures and make it easier for computers to process and compare financial reports. This perceived benefit of XBRL has prompted the U.S. Securities and Exchange Commission to mandate that public firms must submit financial statements in the XBRL format as part of their financial reports. Leveraging the research opportunity created by the XBRL mandate, we examine whether financial reporting technologies affect how firms construct textual disclosures. We find that the initial adopters’ HTML-formatted annual reports become harder to read after the XBRL mandate. Further analysis reveals that this effect is concentrated among adopters with more quantitative disclosures, a smaller firm size, or a higher level of financial complexity. Importantly, we show that managers’ reduced attention to preparing HTML-formatted annual reports, rather than increased disclosures, is likely the explanation for this decrease in textual readability. We also find that the negative effect on textual readability persists at least in the subsequent year. Our findings suggest that the XBRL adopters need to pay attention to process optimization and technology enablement to mitigate the possible negative effect of XBRL adoption on the readability of financial reports.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122685846","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jitsama Tanlamai, Warut Khern-am-nuai, Y. Adulyasak
{"title":"Identifying Arbitrage Opportunities in Retail Markets using Predictive Analytics","authors":"Jitsama Tanlamai, Warut Khern-am-nuai, Y. Adulyasak","doi":"10.2139/ssrn.3764048","DOIUrl":"https://doi.org/10.2139/ssrn.3764048","url":null,"abstract":"While the body of literature on arbitrage opportunity identification is well established in the financial, energy, and real-estate markets, research on arbitrage in the retail marketplace is relatively limited. As arbitrage opportunities in this context differ inherently from other markets, we propose a data analytics framework to identify such an arbitrage by leveraging a machine learning model to predict the optimal purchasing point from the price movement. Our predictive approach is enhanced by incorporating user-generated content which demonstrates its informative power. Overall, the enhanced model attains the precision rate of more than 90 percent while the recall rate is higher than 80 percent in a cross-validation test using the data collected from Amazon Marketplace. In addition, we conduct a field experiment to verify the external validity of the model in a real-life setting. The result shows that our model is capable of generating as much as a 113.31% profit margin.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130951571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Leveraging Existing Business Processes for Digital Transformation in Manufacturing Industry","authors":"Mithun Gaur","doi":"10.2139/ssrn.3774476","DOIUrl":"https://doi.org/10.2139/ssrn.3774476","url":null,"abstract":"Digital transformation is the process of undergoing multiple internal and external changes by an organization leveraging digital technologies to become more agile, optimized and efficient in its business operations. Dynamic IT environment, the urge to leverage emerging technologies, and the unpreparedness to function at scale in throes of the global pandemic are driving increased spend on cloud-based applications and further pushing the case for digital transformation. IT and business goals alignment to channelize resources in creation of digital products and experiences which can drive growth in current markets has become the norm driving manufacturing companies to focus on transformation, optimizing operations, enhancing customer-centricity, managing risk, finding new use cases to deploy digital technology and in turn increase revenues. This article provides a deep dive into what is ‘Digital Transformation’ and how can various existing business processes be leveraged to explore opportunities that can help drive organizational growth in manufacturing industry.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129897625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Does Employee Infusion Use of CRM Systems Drive Customer Satisfaction? Mechanism Differences between Face-To-Face and Virtual Channels","authors":"Liwei Chen, J. Hsieh, Arun Rai, S. Xu","doi":"10.2139/ssrn.3760129","DOIUrl":"https://doi.org/10.2139/ssrn.3760129","url":null,"abstract":"To attain customer satisfaction, service firms invest significant resources to implement customer relationship management (CRM) systems to support internal customer service (CS) employees who provide service to external customers in both face-to-face and virtual channels. How CS employees apply sophisticated CRM systems to interact with customers and how the mechanisms through which their CRM usage affects customer satisfaction vary across service channels and bear important implications. We approach these issues by investigating the concept of infusion use, defined as CS employees’ assessment of the extent to which they use a CRM system to its fullest potential to best support their work in the CRM-enabled service interaction context. Drawing on the IS success framework and expectation confirmation theory, we first formulate a baseline model that explains the direct and indirect mechanisms through which CS employees’ infusion use of CRM systems leads to customers’ expectation confirmation, which in turn affects customers’ satisfaction. We then draw on the lenses of media richness and communication adaptation to theorize why these two mechanisms exert differential influence in face-to-face and virtual channels. We test the hypotheses by collecting multiwave data from CS employees, customers, and firm archives of a Fortune 500 telecom service firm. We find that (1) CS employee infusion use can directly contribute to customer expectation confirmation and indirectly do so through CS employees’ satisfaction with the system (i.e., user satisfaction), and (2) the direct mechanism plays a more critical role in the face-to-face channel, whereas the indirect mechanism is more important in the virtual channel. Our findings inform managers of the avenues through which employees’ infusion use promotes CRM-enabled service success across face-to-face and virtual service channels.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"117 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116207737","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Going Backward to Move Forward? The Effects of Backward Compatibility on the Sales of Previous and New Generation Console Video Games","authors":"Unnati Narang, Venkatesh Shankar","doi":"10.2139/ssrn.3742745","DOIUrl":"https://doi.org/10.2139/ssrn.3742745","url":null,"abstract":"In several product categories, such as electronics, video games, computer hardware and software, and other hi-tech products, backward compatibility--the property of a current generation of hardware to allow previous generation of software or accessory to work with it--is an important strategic decision for firms introducing hardware upgrades. We empirically investigate the effect of Microsoft Xbox’s decision to make its new generation console (NGC, Xbox One) backward compatible with selected games for its previous generation console (PGC, Xbox 360) on the sales of video games for both PGC and NGC. We assemble a unique dataset containing aggregate and individual data from a large proprietary game retailer and data scraped from gaming websites during 2013-2017. We analyze the effects of backward compatibility using a difference-in-differences approach and appropriate synthetic control methods. Our results show that when a video game console firm makes its NGC compatible with some PGC games, the average unit sales of backward compatible PGC games decrease relative to non-backward compatible PGC games. However, the dollar sales of backward compatible PGC games increase relative to non-backward compatible PGC games due to a relative price increase effect. The effects are heterogeneous across games; unlike low-selling games, high-selling games experience disproportionately large revenue lifts. Interestingly, the results also show that the sales (units and dollars) of NGC games increase due to a spillover effect, driven by console upgrades and enhanced budget for new games for the previous owners of backward compatible games. Based on our results, managers should consider high-selling games, games for general audience, action games, and those with high user ratings as the primary candidates for backward compatibility.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122105792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Role of Effectiveness of Human Resource Information System (HRIS) in 21st Century","authors":"Priyanka Wandhe","doi":"10.2139/ssrn.3718247","DOIUrl":"https://doi.org/10.2139/ssrn.3718247","url":null,"abstract":"Today, Business organizations, governments, and non-profit organizations around the world rely on human resource information systems (HRIS) to smoothen the progress of information sharing as well as make easier in downsizing and reengineering efforts. Human Resources Information Systems (HRIS) is a combination of HRM and Information Systems (IS). HRIS or Human resource Information system helps HR managers to execute HR functions in a more efficient and systematic and orderly way of using technology.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116967497","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Tree of Block-Chain","authors":"Florian Spychiger, Paolo Tasca, C. Tessone","doi":"10.2139/ssrn.3707260","DOIUrl":"https://doi.org/10.2139/ssrn.3707260","url":null,"abstract":"This study covers the evolutionary development of block-chain technologies over the last 11 years (2009 — 2019) and sheds lights on potential areas of innovation in heretofore unexplored sub-components. For this purpose, we collected and analysed detailed data on 107 different block-chain technologies and studied their component-wise technological evolution. The diversity of their designs was captured by deconstructing the block-chains using the Tasca-Tessone taxonomy (2019) to build what we call the \"tree of block-chain\" composed of block-chain main and sub-components. With the support of information theory and phylogenetics, we found that most design explorations have been conducted within the components in the areas of consensus mechanisms and cryptographic primitives. We also show that some sub-components like <i>{Consensus Immutability and Failure Tolerance}, {Access and Control layer} and {Access Supply Management}</i> have predictive power over other sub-components. We finally found that few dominant design models - the genetic driving clusters of Bitcoin, Ethereum and XRP - influenced the evolutionary paths of most of the succeeding block-chains.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121257775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Chaining up Time: Bitcoin and Long-Term Validity of PKI Timestamp Tokens","authors":"E. Cisbani","doi":"10.2139/ssrn.3743330","DOIUrl":"https://doi.org/10.2139/ssrn.3743330","url":null,"abstract":"Timestamping is a technique used to prove the existence of certain digital data prior to a specific point in time. With the digitalization process of the economy, timestamping has become an important technique to ensure the integrity of digital data for a long time period. <br><br>The most popular timestamping scheme and service, based on Public Key Infrastructure (PKI) technology, still has some shortcomings in terms of long-term validation. Since 2009 Bitcoin has been creating a thermodynamically immutable register. That register, aka blockchain, can be used as well to prove the existence of certain digital data prior to a specific point in time, and without any predefined limitation for long-term validation.<br><br>This paper describes the aspects that make timestamping on the Bitcoin blockchain complementary to commonly widespread Time Stamping Authority services, which are standardized and legally recognized; and proposes some technically viable solutions to integrate the two timestamping schemes.","PeriodicalId":152219,"journal":{"name":"Information Technology & Systems eJournal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132800070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}