{"title":"Linking top managers’ behavioural traits with business practices and firm performance","authors":"Huong Trang Kim, Quang Nguyen","doi":"10.1007/s11846-023-00714-0","DOIUrl":"https://doi.org/10.1007/s11846-023-00714-0","url":null,"abstract":"<p>We embed an experiment in an ongoing firm-level panel survey with a sample of 623 firms managed by their owners to explore the role of top managers’ behavioral traits as drivers of corporate strategies and performance. We find that present biased managers are less likely to invest in business practices, leading to lower sales revenue. Younger managers are more patient and less risk-averse than older ones, and they play a more significant role in improving firm performance than their counterparts. Interestingly, we find compelling evidence that business practices play a crucial role as a mediating mechanism through which managers’ present bias and loss aversion affect firm performance.</p>","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2023-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Comparing online user experience across different digital business ecosystems and platforms when booking vacations","authors":"Saïd Aboubaker Ettis, Jean-Éric Pelet, Judith Lynne Zaichkowsky","doi":"10.1007/s11846-023-00712-2","DOIUrl":"https://doi.org/10.1007/s11846-023-00712-2","url":null,"abstract":"<p>While various combinations of business eco-systems (desktop, laptop, tablet, mobile, smartwatch, and TV) and platforms (apps, websites, and social media pages) can be used to shop online, little is known about consumers’ preferences to choose one over another. The user experience on each eco-touchpoint and eco-channel is not the same. By comparing four groups of respondents (595 observations) using two different systems (Brand Website vs. Brand Facebook page) and two different channels (PC vs. Smartphone), this research examines how utilitarian values, hedonic values, satisfaction, and flow experience, might differ across these various business ecosystems for those booking a vacation. Participants were randomly guided to one of the four experimental groups based on their device. The results show that flow experience, utilitarian values, and hedonic values influence booking intentions. These effects differ from digital platform to digital platform and from one e-channel to another. This research deepens our theoretical understanding of the online user experience across business ecosystems and gives practical insights into how e-retailers could enhance consumers’ shopping experiences through the different e-channel and digital platforms that contribute, in a different way, to the online experience.</p>","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507423","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Testing for signal-to-noise ratio in linear regression: a test under large or massive sample","authors":"Jae H. Kim, Philip I. Ji","doi":"10.1007/s11846-023-00706-0","DOIUrl":"https://doi.org/10.1007/s11846-023-00706-0","url":null,"abstract":"<p>This paper proposes a test for the signal-to-noise ratio applicable to a range of significance tests and model diagnostics in a linear regression model. It is particularly useful when sample size is large or massive, where, as a consequence, conventional tests frequently lead to inappropriate rejection of the null hypothesis. The test is conducted in the context of the traditional <i>F</i>-test, with its critical values increasing with sample size. It maintains desirable size properties under a large or massive sample size, when the null hypothesis is violated by a practically negligible margin. The test is widely applicable to many empirical studies in business and management.</p>","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2023-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Qamar Zia, Tobias Hunning, Muhammad Sufyan Ramish, Muhammad Naveed, Shiraz Ahmed
{"title":"The impact of psychological empowerment on innovative work behavior: a moderated mediation model of informal learning and proactive behavior","authors":"Muhammad Qamar Zia, Tobias Hunning, Muhammad Sufyan Ramish, Muhammad Naveed, Shiraz Ahmed","doi":"10.1007/s11846-023-00717-x","DOIUrl":"https://doi.org/10.1007/s11846-023-00717-x","url":null,"abstract":"<p>This study aims to investigate the relationship between psychological empowerment (PE) and innovative work behavior (IWB) through the mediating mechanism of informal learning (IL) and the moderating role of proactive behavior. Based on conservation resource theory, a moderated mediation model was tested on a sample of 323 employees of Pakistan’s small services firms. The results reveal that psychological empowerment indirectly affects innovative work behaviour through informal learning and that the indirect effect of PE on IWB through informal learning is stronger at high levels of proactive behaviour. This study contributes to the literature by examining the mediating role of informal learning between PE and IWB with the moderating effect of proactive behaviour. Finally, this study presents theoretical and practical implications based on analytical results.</p>","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Unpacking the complexities of crisis innovation: a comprehensive review of ecosystem-level responses to exogenous shocks","authors":"Alexander Brem, Petra A. Nylund, Saeed Roshani","doi":"10.1007/s11846-023-00709-x","DOIUrl":"https://doi.org/10.1007/s11846-023-00709-x","url":null,"abstract":"Abstract Innovation in times of crisis has experienced a flood of research in the wake of recent events. These studies are dispersed over a broad range of fields and do not adequately reflect earlier research or prior crises. To encourage the convergence of related literature streams, we define crisis innovation as an ecosystem-level process to meet the needs of—and overcome the resource constraints derived from—an exogenous shock. We then conduct a systematic literature review aided by machine learning techniques, specifically utilizing topic modeling. We derive a taxonomy of crisis innovation, which represents innovation as a response to societal crisis, funding crisis, financial crisis, economic crisis, digitalization, transformation, political crisis, strategy crisis, and organizational crisis. We find that crisis innovation drives digitalization through increased motivation for open and ecosystem innovation, but also that the dynamic network structures required for lasting digital transformation are often not implemented during crisis.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135291310","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jonas Hammerschmidt, María Huertas González-Serrano, Kaisu Puumalainen, Ferran Calabuig
{"title":"Sport entrepreneurship: the role of innovation and creativity in sport management","authors":"Jonas Hammerschmidt, María Huertas González-Serrano, Kaisu Puumalainen, Ferran Calabuig","doi":"10.1007/s11846-023-00711-3","DOIUrl":"https://doi.org/10.1007/s11846-023-00711-3","url":null,"abstract":"Abstract This article examines the state of research on sport entrepreneurship, with a particular focus on the intersection of entrepreneurship, innovation, and creativity in sport management. Sport is an increasingly important sector of the global economy, yet little attention has been given to the role of entrepreneurship in its development. This article argues that entrepreneurship, innovation, and creativity are crucial drivers of change, innovation, and employment in sport and that sport entrepreneurship is an emerging but unorganized stream of business research. To better understand the relationship between these research fields, we performed a study that combined a systematic review and a bibliometric analysis. This article presents thematic shifts in the field of sport entrepreneurship, innovation, and creativity. It proposes an integrated model of sport entrepreneurship, offering novel perspectives that contribute to the field. Furthermore, the article addresses the lack of research on creativity, sustainability, and the sport entrepreneur, charting underexplored territories. Overall, this article provides a comprehensive overview of current research on sport entrepreneurship and identifies key areas for future investigation.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135341057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The impact of climate litigation and activism on stock prices: the case of oil and gas majors","authors":"Sascha Kolaric","doi":"10.1007/s11846-023-00710-4","DOIUrl":"https://doi.org/10.1007/s11846-023-00710-4","url":null,"abstract":"Abstract The issue of oil and gas companies’ contribution to climate change gained particular prominence on May 26, 2021. A Dutch court ordered Royal Dutch Shell to significantly reduce its greenhouse gas emissions, while shareholder votes at Exxon Mobile and Chevron succeeded in pushing for further emissions reductions. Together, these events signify a sudden increase in climate litigation and climate activism risk for global oil and gas companies. This study assesses investors' perception of these events by investigating oil and gas companies’ stock price reaction. The results show a significant negative impact on the stock prices for European and North American oil and gas firms, while firms located in other jurisdictions record slight gains. Higher environmental, social, and governance scores appear to mitigate the negative impact on European and North American oil and gas companies, primarily driven through better emissions related measures. The results highlight the adverse effect of increased climate litigation and climate activism risk on firm valuations.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135934119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entrepreneurship in post-conflict countries: a literature review","authors":"Alexandra Moritz, Joern H. Block, Fuad Morina","doi":"10.1007/s11846-023-00705-1","DOIUrl":"https://doi.org/10.1007/s11846-023-00705-1","url":null,"abstract":"Abstract Many countries are in a state of post-conflict, a situation where an armed conflict between countries or within a country has just come to an end. Such countries are typically poor and characterized by political instability, economic problems and social unrest. Entrepreneurship is considered crucial for such countries as a driver of economic recovery and peacebuilding. However, the exact role and effect of entrepreneurship in a post-conflict context is not well understood and an integrative perspective is needed. Our study reviews the fragmented knowledge on entrepreneurship in post-conflict countries. We structure the literature into four distinct categories ( when and where , who and why, how , and impact ) and develop an integrative conceptual model. Our review reveals research gaps and suggests directions for future research on entrepreneurship in post-conflict countries. Our study also helps policy-makers to design an effective entrepreneurship policy considering the specific requirements of post-conflict contexts.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135218516","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marta P. V. Gonçalves, Fernando A. F. Ferreira, Marina Dabić, João J. M. Ferreira
{"title":"“Navigating through the digital swamp”: assessing SME propensity for online marketplaces","authors":"Marta P. V. Gonçalves, Fernando A. F. Ferreira, Marina Dabić, João J. M. Ferreira","doi":"10.1007/s11846-023-00704-2","DOIUrl":"https://doi.org/10.1007/s11846-023-00704-2","url":null,"abstract":"Abstract Digital technology has produced deep changes in the business world. However, companies have a hard time understanding consumers’ changing needs and new consumption patterns, especially small and medium-sized enterprises that currently face growing challenges in an era characterized by a lack of time and information overload. New mechanisms must be found that not only can keep businesses competitive in digital environments but can do so in innovative and sustainable ways. This study sought to address this issue by adopting a process-oriented approach and developing a decision-support tool for SMEs that are considering joining online marketplaces. The proposed analysis model helps these companies decide whether they are ready to take advantage of these digital platforms or whether they have to take action to improve in specific areas of their business operations. The model-building process relied on a combination of cognitive mapping and the best–worst method. An expert panel was recruited to identify the most relevant factors determining SME readiness to join online marketplaces. The model was applied to a set of real companies to assess their propensity for online marketplaces. The practical applicability of this decision-support system was then discussed in a consolidation session with a member of Portugal’s Agência Nacional de Inovação (National Innovation Agency), who acknowledged the strong potential of the proposed model.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135273925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Refining the freeloading and no purchase behavior in pay as you wish pricing","authors":"Udo Wagner, Karl Akbari","doi":"10.1007/s11846-023-00678-1","DOIUrl":"https://doi.org/10.1007/s11846-023-00678-1","url":null,"abstract":"Abstract Pay as you wish (PAYW) pricing offers a radical shift from posted pricing schemes. Modeling consumer behavior under PAYW pricing promises insights into conditions under which PAYW is profitable. Firstly, this paper extends an established model that builds on inequity-averse consumers and models their behavior in PAYW as well as the seller’s profits. The paper uses a comprehensive approach to describe consumers with low fairness concerns and points to a new segment of consumers who were not considered in previous PAYW models. They are characterized by a decision not to buy a good under a PAYW pricing policy, even if they can get it for free, and are not strongly averse to advantageous inequity. Secondly, the paper discusses the profitability of PAYW with a suggested price when the seller’s ability to suggest high prices is limited. Thirdly, the paper incorporates the effect of disadvantageous inequity aversion on PAYW with a minimum price. Finally, the paper offers guidelines on how a seller should choose the optimal pricing policy.","PeriodicalId":20992,"journal":{"name":"Review of Managerial Science","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135995514","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}