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Article
Publication date: 17 September 2021

My-Trinh Bui and Don Jyh-Fu Jeng

The purpose of this study is to investigate coproduction behavior in networking alumni communities via the progress from platform belongingness, knowledge sharing and citizenship…

Abstract

Purpose

The purpose of this study is to investigate coproduction behavior in networking alumni communities via the progress from platform belongingness, knowledge sharing and citizenship behavior. Alumni networking communities have emerged as valuable assets for conserving institutional resources, supporting members and contributing new resources for alumni-institutional professional development. However, the previous literature has not yet captured the explicit processes by which these contributions are made.

Design/methodology/approach

Data from 711 respondents selected from an alumni collaboration network were subjected to structural equation modeling analysis.

Findings

The study explored resource conservation (belongingness) as the primary relational mechanism for alumni to share their instrumental resources (knowledge sharing), supporting resources (citizenship behavior) and competent resources (coproduction behavior). Knowledge sharing and citizenship behavior act as intermediate agents to trigger coproduction behavior. The authors show how subjective norm, group norm and trust is regarded as a tool to reduce bonding intrusiveness (i.e. the intrusive side-effects of a bond) and moderate the indirect effect of belongingness on coproduction and the direct effect of citizenship on coproduction.

Research limitations/implications

By applying attachment theory, conservation of resources theory and digital platform networking perspectives, this study describes major implications for designing inspiring and compatible community platforms.

Practical implications

Guidance is provided for improving sustainable alumni communities through citizenship-sharing and coproduction behavior.

Social implications

Online alumni communities are regarded as resource conservators, which can result in valuable coproduction, via the sharing of knowledge, expertise and skillsets to create profit for a range of institutions and industries.

Originality/value

Alumni networking platforms encourage alumni cohesiveness, stimulate knowledge exchange and improve professionalism.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 16 no. 1
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 10 January 2022

Quanxi Liang, Jiangshan Liao and Leng Ling

This paper aims to investigate the influence of social interactions on mutual fund portfolios from the perspective of alumni network in China.

Abstract

Purpose

This paper aims to investigate the influence of social interactions on mutual fund portfolios from the perspective of alumni network in China.

Design/methodology/approach

Based on a data set that consists of 162 actively managed equity funds in China during the time period of 2003–2014, this study employs multiple linear regression model to control for organization- and location-based interpersonal connections as well as other confounding factors and clarify the causality relationship between alumni networks of mutual fund managers and their portfolios.

Findings

After controlling for organization- and location-based interpersonal connections, we find that mutual fund managers who graduated from the same college/university have more similar stock holdings and are more likely to buy or sell the same stocks contemporaneously. As a result, alumni managers exhibit a higher correlation of fund returns. Moreover, the effect of alumni relationship on mutual fund investments becomes weaker when more managers are connected within the network. We also find that valuable information is shared among alumni managers: (1) the average returns for the alumni common holdings portfolios is significantly higher than those for non-alumni holdings portfolios and (2) a long-short strategy composed of stocks purchased minus sold by alumni managers yields positive and significant risk-adjusted returns.

Practical implications

The findings suggest that information dissemination among connected fund managers could be one of the driving forces for mutual fund herding behavior, and that a portfolio of funds whose managers are educationally connected could be highly exposed to certain stocks and risks.

Originality/value

This paper contributes to the growing finance literature addressing the influence of personal connections on information dissemination that specifically contributes to price formation. It corresponds more closely to Cohen et al. (2008), who investigate college alumni connections between fund managers and corporate board members. Since the authors simultaneously examine three potentially overlapped social networks, which are based on education, locality and fund family, the authors are able to disentangle their effects on fund managers' investment decisions. Moreover, the findings suggest that institutional investors make investment decisions based on share private information, and therefore, it also contributes to the literature on fund herding behaviors (Grinblatt et al., 1995; Wermers, 1999).

Details

China Finance Review International, vol. 12 no. 3
Type: Research Article
ISSN: 2044-1398

Keywords

Article
Publication date: 8 August 2008

Zenia Barnard and Chris Rensleigh

The core purpose of this study was to determine the extent to which web portal technology and online communities could be successfully applied by the alumni offices of higher…

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Abstract

Purpose

The core purpose of this study was to determine the extent to which web portal technology and online communities could be successfully applied by the alumni offices of higher education institutions in South Africa (using the University of Johannesburg as a case study) to create information‐sharing with and amongst its alumni affinity groups, in order to build and maintain valuable relationships, networks and partnerships.

Design/methodology/approach

This research project falls under Pasteur's quadrant of use‐inspired research. Using quantitative empirical research, a total number of 10,380 questionnaires was distributed to graduates of the University of Johannesburg at the Autumn graduation ceremonies in April 2006, thereby making it a self‐selecting, purposeful (purposive) and convenient sample.

Findings

Based on the literature study, the results of the empirical research and the case study, the final conclusion made from this research project is that an online community portal can enhance to a large extent the networking of alumni in the South African higher education sector. In addition, the research data collection instrument is transferable to a number of other higher education settings. In particular, the user‐centric information resource questions provide useful insights into alumni information‐seeking behaviour and needs.

Research limitations/implications

Due to the University of Johannesburg Alumni being used as a case study for this research project, the research findings are tailored for implementation by this entity. However, the processes that were followed for this research project in terms of conducting a needs analysis with regard to the information needs of the alumni target audience and the types of questions that were posed could be guiding principles for other South African higher education sector (SAHES) institutions that want to develop such a tool for managing their alumni's information needs. In addition, the framework for the study predicts continuing alliances among academic services, placement services, library services, and fund development on higher education campuses.

Originality/value

The paper should prove useful to other academic institutions since it develops a helpful tool to assist in managing alumni networking behaviour, needs and resources.

Details

The Electronic Library, vol. 26 no. 4
Type: Research Article
ISSN: 0264-0473

Keywords

Article
Publication date: 23 February 2021

Peter English, Margarietha Johanna de Villiers Scheepers, David Fleischman, Jacqueline Burgess and Gail Crimmins

Responding to increasing external pressure, universities are developing new strategies to illustrate the impact of their degrees on graduate employability. This paper investigates…

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Abstract

Purpose

Responding to increasing external pressure, universities are developing new strategies to illustrate the impact of their degrees on graduate employability. This paper investigates how alumni regard the development of their professional networks during their tertiary education in relation to employability and the associated pedagogical implications.

Design/methodology/approach

A qualitative approach using semi-structured interviews with 18 business and arts alumni from a regional university.

Findings

The findings reveal the importance of developing a professional network by cultivating social capital while at university. Alumni identify all forms of work-integrated learning (WIL), connectedness through social media, the role of university staff and volunteering as concrete ways to develop a professional network and enhance employability.

Research limitations/implications

This paper has pedagogical implications to develop graduate employability and WIL. Universities should draw from alumni networks to help develop students' bridging capital through industry-facing WIL projects. Educators should design assessment tasks in which students develop contacts and networking capabilities with alumni and other professionals using various platforms (e.g. social media). In addition, educators should promote the benefits of voluntary work and invite alumni and other industry stakeholders to co-design and co-teach areas of curriculum.

Originality/value

Drawing from the experiences of alumni re-routes the channel of communication from institutions expressing the importance of professional networks in relation to employability, to credible industry alumni confirming this importance. Few previous studies have taken this “outside-in approach” to emphasise and validate the importance of developing professional networks in relation to employability, particularly at regional universities.

Details

Education + Training, vol. 63 no. 4
Type: Research Article
ISSN: 0040-0912

Keywords

Book part
Publication date: 15 February 2021

Matteo Landoni, Daniela Bolzani and Alessandro Baroncelli

This chapter provides insights into the activities carried out by alumni in the domain of academic entrepreneurship. Given the increasing role of alumni in the support to

Abstract

This chapter provides insights into the activities carried out by alumni in the domain of academic entrepreneurship. Given the increasing role of alumni in the support to entrepreneurial learning in universities and the scant evidence about their actual engagement into these initiatives, it explores the alumni organisations affiliated to the population of 58 alumni organisations in 55 higher education institutions (HEI) in Italy, particularly for the activities designed to support entrepreneurship. The authors explore and define services related to entrepreneurship for and from the alumni. Among others, alumni organisations or clubs help members in accessing networks with their peers for career opportunities and role modelling. The authors contribute to the increasing literature about the entrepreneurial university by documenting the activities carried out by alumni organisations to foster entrepreneurship at their parent HEI and promoting an entrepreneurial ecosystem. Universities must take into consideration that peer support can be as important for spreading entrepreneurial initiatives within universities as other more formal supporting measures.

Details

Universities and Entrepreneurship: Meeting the Educational and Social Challenges
Type: Book
ISBN: 978-1-83982-074-8

Keywords

Open Access
Article
Publication date: 3 March 2022

Yuanyuan Hu and Jiali Fang

This study investigates whether corporate executives, who are university alumni, influence each other's firm corporate social responsibility (CSR) performance.

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Abstract

Purpose

This study investigates whether corporate executives, who are university alumni, influence each other's firm corporate social responsibility (CSR) performance.

Design/methodology/approach

Drawing on social network theory, the authors hypothesise that a firm's CSR performance is positively associated with its peer firms' average CSR performance when the executives of the firm and its peer firms are university alumni. The study employs data from 1,685 listed firms and 4,906 executives who graduated from 585 different universities in China and runs multivariate regressions.

Findings

The results reveal a sizeable university peer influence on CSR performance. Such influence is even stronger for executives who graduated from elite universities (e.g. 985 or 211 universities), and universities or programmes that provide more opportunities for alumni reunions or networking (e.g. MBAs/EMBAs). Executives who are more influential in making firm decisions (e.g. CEOs/CFOs), as well as firms that are more likely to mimic the behaviour of others, also show higher degrees of university peer influence.

Practical implications

The results highlight the role of education in ethical decision-making.

Originality/value

This study documents evidence on a new determinant of firm CSR performance. The study sheds light on the impact of non-institutionalised personal ties, for example, university alumni networks, on CSR performance.

Details

China Accounting and Finance Review, vol. 24 no. 1
Type: Research Article
ISSN: 1029-807X

Keywords

Book part
Publication date: 13 December 2021

You-Kyung Byun

This paper analyzes the communal fund of a school alumni association in South Korea and attempts to expand the understanding of money's social role in maintaining its network. The…

Abstract

This paper analyzes the communal fund of a school alumni association in South Korea and attempts to expand the understanding of money's social role in maintaining its network. The analysis concentrates on the account book of the 1974 alumni association of Hani High School in Seoul and follows the expenditure traces of its communal fund since 1987. Over the last 30 years, money for the communal fund has been regularly collected at the alumni reunions and distributed on various ceremonial occasions, such as member weddings and funerals. By defining the alumni association as a type of kye, this study explores the correlation between the communal fund's operation and the members' belongingness in the association. Most of them have actively engaged in operating their communal fund. They have applied flexible management regulations, reflecting members' respective financial conditions and life events. In the distribution of their fund, not only economic principles but also moral and normative standards are manifested. The 1974 alumni association and their communal fund demonstrate the symbolic meaning of money and its active role in a community. It also challenges the widespread belief that money is an alienating object in the market society. Indeed, money has morality and the potential to help maintain social ties in the long run.

Details

Infrastructure, Morality, Food and Clothing, and New Developments in Latin America
Type: Book
ISBN: 978-1-80117-434-3

Keywords

Book part
Publication date: 13 January 2011

Heather M. Makrez

The alumni event everyone needs to be at. “Am I Invited?” will focus on the initial implementation of social media as it pertains to alumni relations, along with the relevance it…

Abstract

The alumni event everyone needs to be at. “Am I Invited?” will focus on the initial implementation of social media as it pertains to alumni relations, along with the relevance it plays within the advancement world. Social media strategies are a creative and powerful way to connect, educate, and energize those interested in the university. This technology and change in interpersonal behavior allows us the capabilities to create a complex, tightly woven, and diverse university community – a hotbed for innovative ideas, energetic conversation and practical networking.

As the world connects in new ways, so does our student body, so do our graduates and therefore, so do our alumni. We must be able to be part of the conversations because they are happening whether we know about them or not. We need to want to be where our constituencies are getting their information if we want to be productive when trying to reach out to them. The internet has taken over newspapers as a source for world news, especially with the younger generations, and it is quickly approaching the impact of the television. “Nearly six-in-ten Americans younger than 30 (59%) say they get most of their national and international news online; an identical percentage cites television” states the Pew Research Center. The study was done with 1,489 adults over the age of 18 in December 2008.

Why a university engages with SNS is an important question. The justification of investment must be met, and a comprehensive plan for implementation of social media initiatives must be created. Delving deeper into the societal norms and beliefs that need to be institutionalized before one can be truly successful in implementing a strategic investment of time, money, and brainpower. Then looking at key examples on how others were able to be successful at using SNS for alumni relations will prove to be helpful in weaving a practical web of social media initiatives that are effective at creating a virtual community ready to share thoughts, questions and resources. The impact of the experimental uses of SNS within the context of a diverse alumni community – which connects seamlessly to emerging campus-wide initiatives, is a complex and exciting realm to participate in. Challenging one to think out-of-the-box when it comes to finding an answer that suits their specific institutional goals will hopefully inspire a creative, fun, innovative, and interactive flow of ideas, along with the courage to try new things. Be bold. Be brave. Be here. Yes, you are definitely invited!

Details

Higher Education Administration with Social Media
Type: Book
ISBN: 978-0-85724-651-6

Article
Publication date: 3 May 2022

Nabeel Nisar, Ellisha Nasruddin and Yen Nee Goh

This practitioner paper intends to explore how Public Higher Education Institutions (PHEIs) in Pakistan could strategize alumni to encounter the financial sustainability…

Abstract

Purpose

This practitioner paper intends to explore how Public Higher Education Institutions (PHEIs) in Pakistan could strategize alumni to encounter the financial sustainability challenges and achieve their organizational potential relevant to academic, research and public services.

Design/methodology/approach

Employing a hermeneutic (interpretive) phenomenological approach, this study used interviews and focus group discussion data with 26 alumni from eight different PHEIs in Pakistan to explore their attitudes toward engagement with their institutions.

Findings

This study shows a clear shift in institutional strategies between the developing and developed economies regarding the importance and value given to alumni and engagement practices employed.

Practical implications

This study recommends that PHEIs in Pakistan can enjoy alumni engagement benefits to strengthen their organizational standing, provided they view alumni as a valuable entity and observe a proactive approach to engage alumni in a manner that may reflect the mutually beneficial and trustworthy relationship. Further, it would help institutions attain long-term financial sustainability, which is threatened by state-funding cuts and, more recently, COVID-19 pandemic-led recession.

Originality/value

Scholarship shows that institutions in the developed economies have built a strong bond with their alumni to seek their support. However, the voices of institutions from the developing economies have not been heard yet. In this regard, this study appears to highlight the current alumni engagement practices and how institutions could improve on them to strategize alumni for a sustainable future.

Details

Journal of Applied Research in Higher Education, vol. 15 no. 2
Type: Research Article
ISSN: 2050-7003

Keywords

Article
Publication date: 17 December 2019

Ariunaa Enkhtur

The purpose of this paper is to explore how Mongolian alumni of three different scholarship programs sponsored by governments of Japan and Mongolia view their role in national…

Abstract

Purpose

The purpose of this paper is to explore how Mongolian alumni of three different scholarship programs sponsored by governments of Japan and Mongolia view their role in national development after graduation.

Design/methodology/approach

This paper reports findings from a phenomenological study (Creswell, 2007) – the first phase of an exploratory sequential mixed-methods study in a recent PhD study. Based on semi-structured interviews with 24 alumni the study aimed to understand alumni’s perspectives in their voices.

Findings

Alumni were motivated to contribute to their communities, institutions, economic, political, social and legal conditions of Mongolia. However, they faced various structural challenges including getting jobs in the public sector even when they had binding agreements with employers. The findings call for long-term support for alumni projects and hubs as well as policy frameworks that tie the scholarship programs with national development goals.

Originality/value

Despite the high mobility rate of Mongolian scholars and a long history of Japanese Official Development Assistance to develop human resources in developing countries especially in Asia, little is known about the impact of these programs on the Mongolian national development. Through the phenomenological study, this study expands the understanding of ways in which alumni contribute to their national development.

Details

Asian Education and Development Studies, vol. 9 no. 2
Type: Research Article
ISSN: 2046-3162

Keywords

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