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The extant literature provides evidence that single CEOs are less risk-averse. Building on the theory of risk aversion, the authors argue that the risk aversion trait arising from CEO’s marital status partially explains capital allocation efficiency. The paper aims to examine the association between CEO marital status and capital allocation efficiency.

The primary sample includes 9,671 observations from 1,264 US firms. The authors apply multivariate regression and a series of endogeneity tests to examine the association between CEO marital status and capital allocation efficiency.

Single-CEO firms have higher capital allocation inefficiency than those with married CEOs. The findings continue to hold after a series of endogeneity tests such as propensity score matching, change analysis and instrumental variable regression analysis and are robust to alternative proxies for capital allocation inefficiency. The capital allocation inefficiency in single-CEO firms arises from overinvestment but not underinvestment, and corporate risk-taking channels the effect.

The study is limited to the effect of CEO marital status, not CEO marital quality.

The findings imply that besides information asymmetry and agency conflicts, CEO marital status should receive special attention for capital allocation efficiency. Also, marital status influences the CEOs’ commitment to the general good of society, affecting the potential conflict of interest with different stakeholders from inefficient capital allocation.

This study extends corporate finance literature on CEO marital status by providing novel evidence on the effect of single CEOs on capital allocation efficiency. The authors conclude that CEOs’ personality traits, such as marital status, matter in corporate policy choices.

Research has shown that for young adults, marital attitudes (e.g., desire, importance, and expectation) are associated with relationship quality. However, how this association plays out for young adults of color is less known. Additionally, the influence of skin tone perception on the relationship between marital attitudes and relationship quality remains understudied. To explore these associations, the authors examined African American and Latinx young adults (N = 57, M_age = 20.71 years, SD = 1.28; 75.4% female) attending a Midwestern university. Exploratory results indicated that marital expectations were positively associated with relationship quality in that young adults who expected to marry one day, reported greater relationship satisfaction, commitment, and intimacy in their current relationships. Additionally, skin tone perception moderated the association between marital attitudes and relationship quality in two ways (i.e., between expectations and satisfaction and between importance and intimacy). Collectively, findings suggest that differing levels of marital attitudes and skin tone perception contributes to young adults’ perceptions of relationship quality. Considering these psychological factors of attitudes, skin tone perception, and relationship quality, together with systemic racial/ethnic discrimination, the authors discuss future research and practice considerations.

This chapter aims to verify predictors of marital quality in Croatia. As a theoretical starting point, the Huston Socio-ecological model was used. Huston’s so-called “wide-angle and close range” variables were included in to study as predictors of marital quality. A two-level hypothetical model was created consisting of Six groups of predictor variables: Level 1 predictors included Partners’ demographic variables, Partners’ personality, Partners’ value system, Marital processes or dynamics, and Partners’ wellbeing. Level 2 predictors included four Marriage characteristics. Altogether at both levels, 42 variables represented predictors. Marital quality in the marriage was a dependent variable. Eight hundred and eighty-four marital couples from 14 counties in various parts of Croatia and from Zagreb, the country’s capital, were included in the study. Factor analysis, Maximum likelihood with Promax rotation was used to extract factors. Eight factors were extracted: Marital harmony, Distress, Partners’ personality, Negative spillover from work, Traditionalism, Engagement in child care, Participation in decision-making, and Economic hardship. Multilevel analysis using the Mix model in Statistical Package for Social scientist, version 20 was used in data analysis. Predictive on Marital quality in a marriage turned out variables: Marital harmony, Distress, Partners’ personality, Traditionalism, Engagement in child care, and Participation in decision-making as level 1 and Marriage duration (Marriage stages) as a level 2 variable. Huston’s Ecological model proved to be adequate and useful in explaining marital quality.

This paper is determined to examine the role of body image and materialism in predicting the identity exploration of university students when conspicuous consumption is a mediator variable.

The study used a quantitative method. Data were collected from students of three federal universities in Nigeria. The sample size was 331. A self-report questionnaire was used to collect data and analysis was performed using the partial least squares structural equation modelling.

Findings reveal that materialism has a negative association in predicting the identity exploration of students. At the same time, there was a significant full and partial mediating effect of conspicuous consumption on the relationship between body image and materialism on identity exploration, respectively.

The study provides valuable information for parents in understanding how conspicuous consumption may influence their children’s identity formation. The findings can also be helpful for educators in the design of discussions and interventions for students on the social-psychological antecedents of conspicuous consumption and identity exploration. Government and regulatory agencies can use the study’s findings to shape student financial literacy and consumer protection policies.

This study makes both theoretical and methodological contributions to the existing literature. It provided concrete empirical evidence establishing a subtle connection between the symbolic self-completion theory and the identity status paradigm. It is also amongst the first single research conducted within the scope of these two theories in the Nigerian higher education context.

Existing literature argues that the expression of delinquency is common during childhood and especially adolescence. Here, the practice of delinquent behaviours increases the risk of disrupting one’s trajectories of educational and labour market attainment. Delinquent youths, particularly those behaving delinquently severely, are prone to be undereducated, under- or unemployed, earning less, enjoying fewer employment welfare benefits and entitled to fewer job promotion opportunities. Given their sociological background, the author is interested in understanding how juvenile delinquency is socially constructed and reproduced. There are a variety of major key risk factors of the social construction of juvenile delinquency, including familial, or parental in particular, issues, the experience of any form of violence, the act of imitation, and psychological and emotional distress. In this book, the author will examine the socioeconomic, sociocultural and psychosocial factors that lead to the entrenched problems of youth delinquency. Per the United Nations, youth is defined as individuals aged from 15 to 24 years old. There are ample practical problems in adopting a legal definition to understand delinquency, because, for example, what is regarded as legal or not is often poorly defined and rather subjective. Also, legal definitions vary over time, barring a clear, standardised understanding of the word ‘delinquency’. In scholarly discourse, juvenile delinquency covers a multitude of sins, such as robbery, vandalism, violence, drug or alternative psychoactive substance use and the performance of some kinds of heterosexual or homosexual acts. While youth is widely interpreted as comprising individuals aged 24 years or below, the upper age limit for juvenile delinquency adopted by the English and American laws is much lower – under the age of 18 years. Given such contexts, in this book, the author primarily addresses youth/juvenile delinquent behaviours as relevant acts performed by individuals aged below 18 years. However, occasionally, the author presents survey data indicating youths’ expression of delinquency among respondents aged 24 years or below.

In this book, the author will provide reasoning on how Southeast Asian (SEA) governments, individually and collectively, have not taken an adequately aggressive, strict approach to regulating their policies against youth delinquency, prompting adolescents’ involvement in delinquent behaviours to be growing rampantly. The lack of appropriate legislative and law enforcement efforts results in significant individual and societal costs, jeopardising SEA’s pursuit of sustainable futures. Therefore, it is necessary to develop this book in order to analyse the causes and consequences of a variety of youth delinquent behaviours and its associated unequal power of relations, alongside expanding the insights of sociological inquiry into a current, ongoing phenomenon of inequalities. Policy recommendations are presented at the end of Chapters 3–5, allowing local policy-makers to evaluate the current policy development and seek possible policy amendments to efficiently and effectively cope with the notable, entrenched and multifaceted problems of youth delinquency. Outputs of this book, additionally, enable (under-)graduate students and relevant scholars and specialists focusing on SEA studies to understand the causes, effects, costs, and policy development and gaps with respect to the youth smoking epidemic, the youth drinking epidemic and youth delinquency of sexual misconduct.

One of the key highlights of this book is that the outputs suggest ways to attain more sustainable, equitable, liveable and inclusive futures in SEA other than the assessments of youth delinquency per se. In doing so, the author hopes to contribute scholarly to the understanding of how regional economic competitiveness, social cohesion and habitability can be sharpened when youth delinquency is addressed thoroughly and aptly. Moreover, when the author addresses youth delinquency, they identify how digitalisation and informationisation diversify the means for the SEA youths to gain access to tobacco products, alcohol goods, commercial sex clients and casual sex partners. Recommended policies in response to youth delinquency regionally, in part, target tightening the imposition of e-regulations by SEA governments to narrow any regulatory loopholes that relevant parties can instrumentalise on to earn lucrative profits at the expense of raising the rates of youth delinquency. In-depth analyses of both conventional and digitalised youth delinquency add further value to this book to readers’ understanding of the corresponding timely issues and recommended policy-making.

The author will, therefore, primarily explores the contexts of Thailand, Malaysia and Indonesia. Here Thailand and Malaysia are, currently, the only two regional upper-middle-income countries that share the same prospect of becoming high-income countries in the future. Indonesia, alternatively, has overtaken the Philippines as the biggest economic market and political powerhouse within the region. Therefore, compared to their less or least developed neighbouring counterparts, these countries are more prepared to develop sustainable, habitable and equitable futures while maintaining their Asian and global standings by raising economic and social competitiveness. Indonesia and Malaysia are among the two largest Muslim-majority countries in the globe. In the next chapters, the author will theorise how religious conformity deters local youths from expressing delinquency. Per Islamic laws, smoking, drinking and premature sex are prohibited. It will be interesting to explore whether religious deterrence helps prevent Indonesian and Malaysian youths from expressing delinquency. If not, the author will investigate what factors prompt local youths to behave delinquently, despite religious deterrence. Although these three countries are prioritised in the sociological discussion, the author will present some arguments and data with respect to the contexts of other SEA countries, such as the Philippines and Vietnam, to support their evaluation of youth delinquency regionwide.

This study aimed at investigating employee training, employee participation and organizational commitment (OC) and the moderating effect of workplace ostracism among bank employees.

The study used a descriptive and cross-sectional design with the aid of a standard scale constructed into a questionnaire. Cluster, convenience and simple random sampling techniques were used to select 1,067 respondents, of which 870 were deemed fit for the study. The theories underpinning the study were the social exchange theory (SET) and social identity theory (SIT). Four hypotheses were developed and tested using hierarchical multiple regression analysis, and moderation using PROCESS macro.

The study found that employee training and employee participation had a significant positive relationship with organizational commitment, while organizational ostracism had a significant but negative relationship with organizational commitment among bank employees. The study also found that workplace ostracism moderated the relationship between organizational climate and organizational commitment The study recommended that organizational commitment requires management training their workforce, allowing employee participation in decisions, and minimizing or outrightly eradicating the practice of organizational ostracism. It is, therefore, concluded that workers place great value on training and participation in decision-making and frown at organizational ostracism.

This paper fills in the gaps left by the paucity of empirical investigation of the moderating role that workplace ostracism plays between employee training, employee participation and organizational commitment – a feat that is lacking in developing countries. It serves as a reminder to management to prevent or entirely eliminate workplace ostracism to allay an employee's impression of being a threat to an organization when commitment is low.

The majority of emerging adults in the United States spend time in cohabiting unions. Prior research has suggested that higher levels of sexual non-exclusivity may exist among those in cohabiting relationships compared to marital unions. Although these basic patterns have been explored in prior work, research examining the potential reasons why levels of sexual non-exclusivity differ by union status has been limited. Drawing on a relational perspective and using the fifth wave of data from the Toledo Adolescent Relationships Study (TARS), the present study found that higher levels of sexual non-exclusivity in cohabiting relationships were explained by intimate relationship characteristics and sexual histories rather than sociodemographic factors, partner heterogamy, or partner- and couple-level drug use. These findings highlighted that understanding the higher rates of sexually non-exclusive experiences in cohabiting relationships, compared to marital relationships, requires attention to specific dynamics of the intimate partnership and prior relational experiences of both partners. The study concluded that cohabitation has a unique place in emerging adults’ relationship landscape and may set the groundwork for future relationship functioning.

In China, having a home before getting married is viewed as being a crucial indicator of the sincerity of romance. Despite recent increases in housing costs, men who have their homes ready for marriage stand out in the marriage market. This study aims to explore the association between readiness to marry, marriage age and the home that men purchase prior to marriage using the China Labor-force Dynamics Survey, the first countrywide follow-up survey with the theme of labor force.

The authors suggest new standards for determining the marital residence. In addition, contrary to the existing literature, which focuses on “Sheng Nu” (women who do not marry by the traditional marriage age in China), the authors focus on “Sheng Nan” (men who do not marry by the traditional marriage age in China).

The results show that men who own a house before marriage are reluctant to get married. The authors document robust evidence that the preexistence of the marital house decreases the willingness to marry and postpones the marriage date, regardless of location and time.

The authors document robust evidence that the preexistence of the marital house decreases the willingness to marry and postpones the marriage date, regardless of location and time.

This study aims to investigate the direct and indirect effects of leadership style and gender roles on managing familial conflict (MFC), as well as how such conflict resolution affects divorce decisions and overall marital satisfaction (SF) in Qatar.

A 20-item questionnaire, corresponding to 20 indicators for six latent variables, was administered to 550 married couples in Qatar. The Kaiser–Meyer–Olkin measure of sampling adequacy and Bartlett's test of sphericity were calculated. The path analysis was measured using structural equation modeling.

Matrimonial strategies adopted by spouses positively affected familial conflict resolution, and successfully MFC both positively affected marital SF and reduced the inclination to seek a divorce. However, men were not found to be visionary leaders in familial relationships regarding conflict resolution. Leadership gender stereotyping did not positively influence the perception of women's competency (WC). The WC did not positively affect the managing of familial conflict.

This study provides strategic insights regarding how MFC in Qatar influences marital SF. Understanding the determinants of divorce decisions and marital SF furthers understanding of how married couples can sustain healthy relationships.

This study empirically correlates three fields of family research: gender role; conflict resolution and marital SF. It explains how divorce issues have escalated in Qatar and explores the influence on modern social life of sexism, patriarchal roots and Oriental androcentrism. Many factors must be considered when examining matrimonial strategies (MSs), especially if there is debate over the ideal number of children. Strategizing models can curtail conflict that might lead to divorce.

Using social information processing and sense-making theory, the current study examines how the poly-contextual factors and social environment of employees provide unique cues and shape an employee's person-job (PJ) fit perceptions in ways that enable males to perceive a better PJ fit than their female counterparts at work. These perceptions of PJ fit act as mediating processes between gender-based differences in HR commitment or HR control attributions.

After collecting two waves of data over a six-month period from a sample of 498 banking sector professionals in Pakistan, the hypothesized relationships were tested using hierarchical multiple regression.

It was found that gender (female) was positively related to HR control attributions and negatively related to PJ fit perceptions and HR commitment attributions. The mean differences between males and females concerning these study variables were significant. Also, PJ fit mediated the relationship between gender and HR attributions.

The study contributes to the advancement and understanding of the predictors of HR attributions by examining the poly-contextual factors that shape unique experiences, knowledge structures and social information processing, thus forming distinct PJ fit perceptions and subsequent HR commitment or control attributions for males and females.