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Article
Publication date: 17 August 2021

Zhe Li, Emre Unlu and Julie Wu

Studies on corporate boards examine how social ties between the CEO and independent board members affect the effectiveness of board monitoring. Much evidence suggests that social…

Abstract

Purpose

Studies on corporate boards examine how social ties between the CEO and independent board members affect the effectiveness of board monitoring. Much evidence suggests that social connections between the CEO and independent directors are associated with inadequate monitoring and lower firm value (Hwang and Kim, 2009; Fracassi and Tate, 2012). In this study, the authors note that social connections of the independent directors are of different nature and thus should not be treated as a homogeneous group; that is, the nature of connections among directors can be quite different from that between the CEO and directors, which is the primary focus of previous studies.

Design/methodology/approach

The authors classify independent directors into four mutually exclusive groups based on their social connections to the CEO and other independent board members and examine what role each type of connection plays in corporate monitoring using panel data and cross-sectional fixed effect regressions.

Findings

The authors find that Only_CEO%, the proportion of independent directors who are connected only to the CEO, is negatively associated with monitoring intensity. Specifically, firms with higher Only_CEO% have larger CEO compensation, lower likelihood of dismissing the CEO, more co-opted board and worse firm performance. In contrast, No_CEO_Ind%, the proportion of independent directors who have no connection to either the CEO or other independent directors is associated with more effective monitoring. These findings suggest that independent directors with different degrees of social connections exhibit different monitoring qualities.

Practical implications

When more independent directors, who are connected exclusively to the CEO, are on the board, they consistently deliver low monitoring quality. However, when more independent directors with no connections to either the CEO or any independent directors are on the board, they enhance monitoring quality. These findings can be used to construct board structures with more effective monitoring ability.

Originality/value

This paper extends the literature on social networks in corporate finance. The authors show that independent directors with exclusive connections to other independent directors do not have a significant effect on board monitoring, but those truly independent directors are associated with better monitoring quality. These findings suggest that different types of social connections of independent directors play a different role in board monitoring and help extend our understanding of the function of social connections of independent directors in corporate governance.

Details

International Journal of Managerial Finance, vol. 18 no. 5
Type: Research Article
ISSN: 1743-9132

Keywords

Abstract

Details

International Journal of Migration, Health and Social Care, vol. 2 no. 3/4
Type: Research Article
ISSN: 1747-9894

Keywords

Article
Publication date: 9 August 2022

Megan Rainville

Previous research found that customer financial distress can spillover to supplier firm decisions. The aim of this paper is to examine the investment decisions of suppliers of…

Abstract

Purpose

Previous research found that customer financial distress can spillover to supplier firm decisions. The aim of this paper is to examine the investment decisions of suppliers of financially distressed customers.

Design/methodology/approach

The paper uses a US sample of customer-supplier relationships from Compustat Segments between 1980 and 2017. The author uses a linear probability model in the baseline regression analysis. To ensure robustness, a logit regression model and an instrumental variable estimation approach are used, instrumenting for distress at the customer level using a negative shock to customer industry demand.

Findings

This study finds suppliers are more likely to reduce their investment in Capex when a customer is financially distressed. Supplier investment efficiency does not improve when a customer is financially distressed as suppliers with a greater likelihood of under-investment reduce their investment, while suppliers with a greater likelihood of over-investment increase their investment. The effect of customer distress on supplier investment decisions is more pronounced for suppliers of economically distressed customers.

Originality/value

This paper examines how suppliers adjust their investment in response to customer distress, providing an additional channel through which customer distress affects suppliers. Overall, this study finds an important real implication of financial distress in the buyer-supplier relationship.

Details

Managerial Finance, vol. 49 no. 1
Type: Research Article
ISSN: 0307-4358

Keywords

Book part
Publication date: 13 May 2017

Jennifer Katz

This chapter explores the Three-Block Model of inclusive education, which is situated in the framework of Universal Design for Learning (UDL). The chapter demonstrates how the…

Abstract

This chapter explores the Three-Block Model of inclusive education, which is situated in the framework of Universal Design for Learning (UDL). The chapter demonstrates how the model informs both instructional design and social-emotional learning objectives focused on fostering community through celebrating diversity, and explores the essential role of parents as collaborators. Examples are provided of IEP development through shared examination of goals, strategies, and assessment, and of innovative learning processes and outcomes associated with incorporating parent involvement in children’s education.

Details

Working with Families for Inclusive Education
Type: Book
ISBN: 978-1-78714-260-2

Keywords

Article
Publication date: 1 December 1990

Allan Karnes, Julie Sterner, Robert Welker and Frederick Wu

This study investigates whether public accountants in the UnitedStates and Taiwan perceive the motivational factors (risks and benefits)surrounding unethical business practices…

Abstract

This study investigates whether public accountants in the United States and Taiwan perceive the motivational factors (risks and benefits) surrounding unethical business practices differently because of national culture. The study was based on the general proposition that perceptions would differ because of the closeness of the in‐group being harmed or benefited. Subjects provided perceptions of legal, loss‐of‐face, and reputational risk and of psychic and financial gain for eight unethical business practice scenarios. The findings supported the general proposition in terms of risk perceptions, but not in terms of gain perceptions.

Details

Accounting, Auditing & Accountability Journal, vol. 3 no. 3
Type: Research Article
ISSN: 0951-3574

Keywords

Article
Publication date: 13 May 2019

Masayuki Takatera, Ran Yoshida, Julie Peiffer, Moe Yamazaki, Kenya Yashima, KyoungOk Kim and Keiko Miyatake

The purpose of this paper is to create a fabric retrieval system for designers that is based on a database that includes designers’ criteria and Kansei (sense and feeling…

Abstract

Purpose

The purpose of this paper is to create a fabric retrieval system for designers that is based on a database that includes designers’ criteria and Kansei (sense and feeling) information, designed for the selection of a fabric from a wide range in e-commerce.

Design/methodology/approach

The database included sensory expressions for each type of fabric taken from fashion journals and values of smoothness, softness, luster and thinness (referred to as Kansei values) for each fabric. The Kansei values were determined by a Japanese expert designer using standard fabric samples of a fabric type. The system uses two search methods to find the desired type of fabric: a category search method and a free word search method. After finding appropriate types of fabric, the user further narrows down the fabrics of the selected type to more suitable fabrics using the Kansei values. The validity of the Kansei values and the effectiveness of the system were verified by 11 professional designers from Japan and Sweden.

Findings

The Japanese and Swedish designers were satisfied with the fabrics retrieved for specific items and found that the system was effective. The Kansei values were similar among fashion designers and shown to be effective for fabric retrieval.

Originality/value

The system will allow designers to find appropriate types of fabric and to narrow their search for fabrics among selected types to find candidate fabrics easily and quickly with their Kansei values and experience without technical knowledge of fabrics.

Details

International Journal of Clothing Science and Technology, vol. 32 no. 1
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 10 December 2020

Huili Tang, Steven J. Hite, Julie M. Hite, David McKay Boren and E. Vance Randall

The purpose of this ontologically qualitative research study was to (a) explore student narratives regarding their educational experiences in at-home internationalization…

Abstract

Purpose

The purpose of this ontologically qualitative research study was to (a) explore student narratives regarding their educational experiences in at-home internationalization programs; (b) provide an in-depth narrative analysis of student learning challenges and achievements; and (c) add valuable research-based knowledge of student-described experiences for use by program administrators.

Design/methodology/approach

Participants were selected with a form of four-stage non-proportional stratified sampling. 29 participants were interviewed using a basic demographic questionnaire and an episodic interview protocol. Data were analyzed in QSR NVivo software through open, axial, and selective coding stages under the framework of grounded theory.

Findings

The findings focus on student-identified links between the challenges they encountered and their achievements. In addition, student performance level and gender were associated with the challenges and achievements reported by students. In understanding the results, the student-learning concepts found in the learned optimism, growth mindset, grit and expectancy theory approaches provide potentially fruitful insights.

Originality/value

The findings of this research have instructive implications for program administrators regarding how student challenges can be strategically chosen and shaped to generate specific, positive student achievements.

Details

Journal of International Education in Business, vol. 14 no. 2
Type: Research Article
ISSN: 2046-469X

Keywords

Article
Publication date: 31 May 2023

Ahmad Abualigah, Tamer K. Darwish, Julie Davies, Muhibul Haq and Syed Zamberi Ahmad

Drawing on job demands-resources (JD-R) theory, this study aims to develop a model of how work engagement mediates the relationship between supervisor support and affective…

Abstract

Purpose

Drawing on job demands-resources (JD-R) theory, this study aims to develop a model of how work engagement mediates the relationship between supervisor support and affective commitment, with religiosity moderating the relationship between supervisor support and work engagement. This study further tests a moderated-mediation model exploring the relationships between supervisor support, religiosity, work engagement and affective commitment within a unique institutional context where religious values and beliefs significantly influence and shape people management practices.

Design/methodology/approach

Using a survey-based approach, data were collected from 367 employees from the telecommunication sector in the context of Jordan.

Findings

Supervisor support was positively related to work engagement, which positively impacts affective commitment. Work engagement mediated the relationship between supervisor support and affective commitment. In addition, religiosity amplified the relationship between supervisor support and work engagement, and the mediating effect of work engagement on the relationship between supervisor support and affective commitment.

Originality/value

This study contributes to JD-R theory and pertinent literature by examining the moderating role of religiosity, an important yet neglected personal resource. To the best of the authors’ knowledge, this study is the first to examine the interaction effect between religiosity and supervisor support in predicting work engagement. It is also the first to examine a moderated mediation model exploring the relationships between supervisor support, religiosity, work engagement and affective commitment.

Details

Journal of Asia Business Studies, vol. 18 no. 1
Type: Research Article
ISSN: 1558-7894

Keywords

Article
Publication date: 15 June 2022

Zhen Luo, Julie Callaert, Deming Zeng and Bart Van Looy

Shifting focus from innovation quantity to innovation quality becomes a priority in innovation study, business and policy. This paper aims to figure out whether and how knowledge…

Abstract

Purpose

Shifting focus from innovation quantity to innovation quality becomes a priority in innovation study, business and policy. This paper aims to figure out whether and how knowledge recombination (recombinant exploration/recombinant exploitation) affects firms' innovation quality (technological value/economic value) and how these relationships are moderated by environmental turbulence (technological turbulence/market turbulence) in the context of open innovation.

Design/methodology/approach

A panel data set is built on 373 Chinese pharmaceutical firms' patents and new product data from 1997 to 2020. And a negative binomial regression model is applied to test the hypotheses.

Findings

The analyses indicate that (1) recombinant exploration favors technological value but hinders economic value, while (2) recombinant exploitation benefits both. Regarding environmental turbulence's moderating effects, (3) technological turbulence has opposite moderating effects on the impacts of recombinant exploration versus exploitation on technological value, whereas (4) market turbulence benefits the impacts of both on economic value.

Practical implications

This research provides the answer to practitioners' question that “How to improve innovation quality?” That is “Think from a recombination logic, clarify your internal value preference and the external turbulence.”

Originality/value

From an emerging perspective of innovation, this research expands the innovation quality research to a recombination logic. A multi-dimensional research framework is developed to clarify the complex relationships between knowledge recombination and innovation quality. Finally, two moderators, technological versus market turbulence, formulate more targeted implications for firms' innovation management in open innovation.

Details

European Journal of Innovation Management, vol. 27 no. 1
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 23 October 2018

Mingzhou Yu, Fang Liu, Julie Lee and Geoff Soutar

This study aims to understand the influence of negative publicity on brand image, brand attitude and brand purchase intention. Specifically, the study examines the role of…

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Abstract

Purpose

This study aims to understand the influence of negative publicity on brand image, brand attitude and brand purchase intention. Specifically, the study examines the role of attribution (or brand blame) and information characteristics in Chinese consumers’ responses to negative publicity.

Design/methodology/approach

The study used a quasi-experimental approach involving two negative publicity scenarios (mild and high severity) and a sample of 203 young and educated Chinese consumers. Partial least squares was used to test the hypotheses.

Findings

A common assumption is that negative brand information has a negative influence on all aspects of a brand. However, this study finds that brand blame and information severity have differential effects on consumer evaluations of the affected brand. Specifically, brand blame negatively impacted attitudes and purchase intentions, but not brand image. In contrast, information severity negatively impacted brand image, but not attitudes or intentions. Further, the relations between brand image and brand attitudes and intentions depended on the level of information severity. In the mild-severity condition, brand image positively influenced attitudes and intentions, but not in the high-severity condition.

Research limitations/implications

Future research should examine consumer responses to negative publicity across different media and product categories. Cross-cultural studies should also be explored in the future.

Practical implications

When a brand encounters negative publicity, its marketer or brand manager should assess to what extent various brand equity components are influenced by negative publicity before adopting any cognitive-based or imagery-based communication strategies.

Originality/value

This paper contributes to the limited and fragmented literature on consumer response to negative publicity by examining the impact of consumer’s attributions of blame to the brand under conditions of mild and severe negative information on a range of important brand-related outcomes. Specifically, the authors find that negative publicity has a different impact on brand image, brand attitudes and intentions to purchase. The authors suggest that brand managers use this information to guide their marketing communications.

Details

Journal of Product & Brand Management, vol. 27 no. 4
Type: Research Article
ISSN: 1061-0421

Keywords

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