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1 – 10 of over 22000Andrew Papadopoulos, Yan Cimon and Louis Hébert
The purpose of this paper is to organize the theoretical landscape surrounding explanations of the impact asymmetry and heterogeneity on inter‐firm relationships, especially…
Abstract
Purpose
The purpose of this paper is to organize the theoretical landscape surrounding explanations of the impact asymmetry and heterogeneity on inter‐firm relationships, especially alliances.
Design/methodology/approach
A conceptual framework integrating the resource‐based view, transaction cost economics and industrial organization is put forth to better understand asymmetry and heterogeneity in alliances.
Findings
It is argued that low asymmetry and low heterogeneity are best addressed from an industrial organization perspective. Transaction cost economics best explains alliances in high asymmetry and low heterogeneity situations while the resource‐based view is most appropriate for high heterogeneity and low asymmetry alliances. In the case of high asymmetry and high heterogeneity, the tension between the resource‐based view and transaction costs economics is reconciled.
Research limitations/implications
Researchers gain an original re‐framing of the theoretical landscape that will assist in generating new insights for future theory development.
Practical implications
The paper lays the ground for new research directions while leaving practitioners with a better understanding of the lenses through which they should examine their firms' cooperative endeavours.
Originality/value
Previous literature seldom addressed the categorization of various theoretical approaches along the notions of asymmetry and heterogeneity in inter‐firm relationships.
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Mohammad Alamgir Hossain, Shams Rahman, Tamgid Ahmed Chowdhury, Caroline Chan, Xiaoyan Yang and Qingxin Su
A major transformation in retail logistics over the few years is backed by enormous improvements in internet technologies. It is now easy for e-retailers to entertain delivery…
Abstract
Purpose
A major transformation in retail logistics over the few years is backed by enormous improvements in internet technologies. It is now easy for e-retailers to entertain delivery progression, or consumers can share use-experience with future customers and thereby reducing information asymmetry. The purpose of this paper is to investigate the effect of different signals on consumer behavior in the presence of information asymmetry, in the context of online group buying (OGB) markets in China.
Design/methodology/approach
Based on the lemon market theory (LMT) and signaling theory, the study develops a research model of the OGB consumers’ context in China, which is validated using data from an online survey. A total of 528 responses are used for data analysis applying structural equation modeling technique.
Findings
The findings of the study show that perceived vendor quality (PVQ) and perceived product quality (PPQ) have significantly positive effects on intention to purchase from OGB websites. PVQ is associated with perceived reputation and perceived trustworthiness (PT) of vendor, and the determinants of PPQ are quality assurance information of products, and information about mer-chants. Further, PT has a mediating effect, while asymmetry of information has a moderating effect.
Research limitations/implications
The research model is valid as a generic OGB model that can be investigated in other contexts to understand the generalizability of the findings. Future research is needed to incorporate additional relevant factors (e.g. price, advertising activity/investments) that may help increase the acceptability of the model to a wide range of e-commerce contexts. Two of the control variables (gender and prior internet experience) were found to be significant; this could be further examined in future studies to determine the relative impact on each causal relationship.
Originality/value
Whereas prior studies in the domain of consumer service proposed different signaling mechanisms that were believed to eliminate information asymmetry from a market, the study sheds light on the effectiveness of the signals in the OGB context. This is a unique effort that applies and extends LMT and signaling theory in OGB context by theorizing the associated dimensions and their causal effects.
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Eduardo Loría and Raúl Antonio Tirado Cossío
The labor market responds in a differentiated manner during recessions and expansions, and it is of vital importance to know the magnitude asymmetries. The purpose of this paper…
Abstract
Purpose
The labor market responds in a differentiated manner during recessions and expansions, and it is of vital importance to know the magnitude asymmetries. The purpose of this paper is to evaluate the effects of the disinflationary monetary policy (2005Q1–2022Q4) through the sacrifice rate measured in terms of unemployment and rate of critical labor conditions (RCLC) with nonlinear auto regressive distributed lag (NLARDL; Shin et al., 2014), which allows to efficiently estimate asymmetric effects in short and long terms in the presence of variables of different integration orders.
Design/methodology/approach
The authors estimate an asymmetric accelerationist Phillips curve, augmented with labor precariousness for Mexico (2005Q1–2022Q4) following the NLARDL approach (Shin et al., 2014).
Findings
The authors prove that the increase in the unemployment gap has greater disinflationary effects than the RCLC in both the short and the long term; the expansionary phases of the business cycle, which reduce UGap, do not have inflationary effects either in the short or in the long run, but improvements in the labor market do, when RCLC is reduced; raising RCLC appears to have been the companies’ main survival strategy since 2015; and these asymmetries can generate a low unemployment trap with high and growing precariousness, with huge dynamic costs for well-being, economic growth, inequality and poverty.
Social implications
As labor precariousness grows, the implications are several both in the short and long run. In the short run, the most notorious example of the effects on workers has to do with unstable and insecure situations, that disrupt all their life planning options, and health issues. Bohle et al. (2004) found in the Organization for Economic Cooperation and Development countries that casual employees had less desirable and predictable working hours, greater work–life conflict and more associated health complaints than people with permanent jobs.
Originality/value
The approach includes the labor precariousness variable, which describes a new phenomenon in the labor market. Nowadays, workers are facing a new threat since firms are employing a new labor cost reduction strategy in which they do not lay off workers but rather paying them less, working them more hours, or reducing benefits. The asymmetries between the effects of precarity and unemployment can generate a poverty trap in the long run. This problem is, once again, of great relevance in the context of global high inflation.
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It is natural for interacting organisational actors and environmental agents to experience complexity asymmetries. The purpose of this paper is to discuss the balancing of these…
Abstract
Purpose
It is natural for interacting organisational actors and environmental agents to experience complexity asymmetries. The purpose of this paper is to discuss the balancing of these complexities at a level of performance that not only maintains the organisation’s viability but also the health of its ecosystem.
Design/methodology/approach
Ashby (1964) proposed variety, or the number of possible states of a situation, as a measure of complexity and the Law of Requisite Variety as an ontology and heuristic for complexity management strategies. Following these propositions Beer’s variety engineering (Beer, 1979) is a construct to design these strategies.
Findings
This paper offers epistemological and methodological considerations to discuss the viability and performance of organisational systems.
Research limitations/implications
Measuring organisational performance needs powerful methodological support. This paper offers to some extend this support but it needs further development.
Practical implications
Performance is related to the concept of dynamic capabilities, which in recent times has had important practical implications.
Originality/value
Though the concepts of this paper have a long history, their methodological articulation is original.
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Zhijia Xu and Minghai Li
The asymmetry of the velocity profile caused by geometric deformation, complex turbulent motion and other factors must be considered to effectively use the flowmeter on any…
Abstract
Purpose
The asymmetry of the velocity profile caused by geometric deformation, complex turbulent motion and other factors must be considered to effectively use the flowmeter on any section. This study aims to better capture the flow field information and establish a model to predict the profile velocity, we take the classical double elbow as the research object and propose to divide the flow field into three categories with certain common characteristics.
Design/methodology/approach
The deep learning method is used to establish the model of multipath linear velocity fitting profile average velocity. A total of 480 groups of data are taken for training and validation, with ten integer velocity flow fields from 1 m/s to 10 m/s. Finally, accuracy research with relative error as standard is carried out.
Findings
The numerical experiment yielded the following promising results: the maximum relative error is approximately 1%, and in the majority of cases, the relative error is significantly lower than 1%. These results demonstrate that it surpasses the classical optimization algorithm Equal Tab (5%) and the traditional artificial neural network (3%) in the same scenario. In contrast with the previous research on a fixed profile, we focus on all the velocity profiles of a certain length for the first time, which can expand the application scope of a multipath ultrasonic flowmeter and promote the research on flow measurement in any section.
Originality/value
This work proposes to divide the flow field of double elbow into three categories with certain common characteristics to better capture the flow field information and establish a model to predict the profile velocity.
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Memory Mphaphuli and Gabriele Griffin
The purpose of this paper is to explore the fieldwork dilemmas a young, female, heterosexual, indigenous South African researching everyday negotiations around heterosexuality…
Abstract
Purpose
The purpose of this paper is to explore the fieldwork dilemmas a young, female, heterosexual, indigenous South African researching everyday negotiations around heterosexuality within township families encountered in negotiating her own heteroerotic subjectivity within the field.
Design/methodology/approach
A heterosexuality studies approach is here combined with a critical feminist research methodological perspective.
Findings
The paper argues that researchers are often unprepared for having to negotiate their erotic subjectivity within the field and that such negotiations can be compromising to the researcher in a variety of ways.
Practical implications
The paper suggests that more might be done to prepare researchers for negotiating identity aspects such as sexuality in the field since that negotiation impacts on one’s research and the researcher’s sense of self in the field.
Social implications
The paper critically interrogates what negotiating one’s erotic subjectivity in the field might mean.
Originality/value
Little is published on female researchers negotiating their heteroerotic subjectivity in the field. The paper contributes original insights on this from fieldwork carried out by an indigenous heterosexual female researcher in South African townships. It raises important issues about the conduct of fieldwork in (non-)compromising and agentic ways.
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Idoya Ferrero-Ferrero, María Jesús Muñoz-Torres, Juana María Rivera-Lirio, Elena Escrig-Olmedo and María Ángeles Fernández-Izquierdo
The purpose of this paper is to explore how effectively leading sustainable hotels have integrated Sustainable Development Goals (SDGs) into their reporting. The main aim is to…
Abstract
Purpose
The purpose of this paper is to explore how effectively leading sustainable hotels have integrated Sustainable Development Goals (SDGs) into their reporting. The main aim is to pinpoint areas for improvement concerning SDG reporting which can help the hospitality industry to achieve a transformation in a more SDG-aligned global tourism system.
Design/methodology/approach
For this study, a content analysis technique was used to extract the information regarding strategic consistency of SDG reporting. Both qualitative and quantitative approaches were applied to the analysis of this information. This paper seeks to assess the extent to which the materiality analysis, corporate targets and performance indicators defined by the world’s top sustainable hotels in their sustainability reports are consistent with those SDGs linked to the business. To that end, the authors have selected the most sustainable hotels according to the SAM Corporate Sustainability Assessment in 2020.
Findings
The results of this study show that the most sustainable hotel companies did not take a strategic consistency approach when reporting the SDGs. These findings identify four areas for improvement concerning reporting, which may promote the adoption of a strategic and consistent approach in SDG reporting.
Practical implications
This study includes a set of recommendations to provide the market with complete, coherent and comparable information on their contribution to the SDGs and, therefore, foster collective learning to bring about sustainable tourism transformation.
Originality/value
This paper represents a contribution to the discussion on the strategic or symbolic implementation of SDGs at a corporate level. In addition, this paper reflects a deeper understanding of how hotel companies could improve their reporting and management system to contribute to SDGs.
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This paper proposes a framework for understanding knowledge‐related asymmetries in strategic alliances. Their effect on alliance stability, on the realizations of the goals and…
Abstract
This paper proposes a framework for understanding knowledge‐related asymmetries in strategic alliances. Their effect on alliance stability, on the realizations of the goals and purposes of the alliance, and on partners’ individual performance is examined. Information asymmetries are thought to have a negative impact on the stability of the alliance. For their part, knowledge asymmetries seem to have a positive impact while learning asymmetries have a negative impact. A mutually reinforcing link is established between the stability of the alliance, the realization of its purpose, and individual partners’ performance. Even if further research is needed, it appears as though a key to growth in an alliance is the careful management and generation of learning, knowledge and information asymmetries.
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Yixi Ning, Ke Zhong and Lihong Chen
This study aims to examine the effect of CEO compensation risk, as measured by the proportion of equity-based pay (option and stock awards) relative to total compensation and pay…
Abstract
Purpose
This study aims to examine the effect of CEO compensation risk, as measured by the proportion of equity-based pay (option and stock awards) relative to total compensation and pay sensitivity to stock volatility, on CEO pay for luck asymmetry. This paper also empirically examines CEO compensation risk as a mediating variable between the regulatory changes and CEO pay for luck asymmetry.
Design/methodology/approach
This paper test the proposed two hypothesis that CEO compensation risk is positively associated with the degree of CEO pay for luck asymmetry; and the pay related regulations implemented around 2006 could mitigate the degree of CEO pay for luck asymmetry using the fixed-effects regression models.
Findings
Consistent with the managerial talent retention hypothesis, this paper finds that CEO compensation risk, as measured by the equity-based pay as a proportion of CEO total compensation and CEO pay sensitivity to stock volatility, is positively associated with the degree of CEO pay for luck asymmetry. In addition, this paper find that CEO pay for luck asymmetry is significantly reduced by the major regulatory changes on executive compensation implemented around 2006.
Research limitations/implications
This study is among the very few studies exploring the impact of CEO compensation risk on pay for luck asymmetry in the literature. While the major purpose of the widely used stock options is to align executive interests and shareholder values, it also tends to increase the risk level of CEO compensation. So, a well-designed CEO pay package should protect risk-averse CEOs from bad luck for the retention purpose, which is also beneficial to shareholder wealth maximization. Therefore, future research on executive compensation needs to examine the issue from various perspectives.
Practical implications
For board of directors who is responsible for the compensation of CEOs, it is necessary to consider a broad range of factors when designing an optimal CEO pay package.
Social implications
The findings on the impact of regulations on CEO pay for luck asymmetry suggest that the executive-pay-related regulations around 2006 have indeed achieved some of their intended goals to significantly lower pay for nonperformance asymmetry, whereby CEO pay sensitivity to stock volatility has been identified as a major mediating variable.
Originality/value
This study contributes to the literature on executive pay for luck asymmetry in several perspectives. First, this paper finds that CEO compensation risk has a positive impact on the degree of CEO pay for luck asymmetry. Second, this paper finds that the CEO pay for luck asymmetry has been mitigated after 2006 when various regulatory changes on executive compensation began to be implemented in the USA. To the best of the authors’ knowledge, this study is among the very few studies investigating these issues in the literature.
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