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This study explores the integration of corporate reporting by Mitsubishi, a large Japanese company, using a culturally sensitive narrative that combines and reconciles Japanese and Western corporate values in one story.

We use an analytical framework drawing on insights borrowed from narratology and the notion of wrapping – the traditional art of packaging as communication.

We find that Mitsubishi is a survivor company that uses different corporate reporting frameworks during its reporting journey to construct a bespoke narrative of its value creation and cultural values. It emplots narratives to convey a story presenting the impression that Mitsubishi is a Japanese corporation but is compatible with Western neo-liberal ideology, making bad news palatable to its stakeholders and instilling confidence in the future.

Wrapping is a culturally sensitive form of impression management used in the integration of corporate reporting. Therefore, rather than assuming that companies blatantly manipulate their image in corporate reports, we suggest that future research should focus on how narratives are constructed and made sense of, situating them in the context of local culture and traditions.

The findings should interest scholars, report preparers, policymakers, and the IFRS, considering the recent release of the IFRS Sustainability Disclosure Standards designed to reduce the so-called alphabet soup of corporate reporting. By following Mitsubishi’s journey, we learn how and why the notion of integrated reporting was adopted and integrated with other reporting frameworks to create narratives that together convey a story of a global corporation compliant with Western neoliberal ideology. It highlights how Mitsubishi used integrated reporting to tell its story rather than as a rigid reporting framework, and the same fate may apply to the new IFRS Sustainability Reporting Standards that now include integrated reporting.

The study offers a new perspective on corporate reporting, showing how the local societal discourses of cultural heritage and modernity can shape the journey of the integration of corporate reporting over time.

Social impact research remains in its infancy. The purpose of the paper is to build on Keeling and Marshall’s (2022) “Call for impact” paper and develop a comprehensive social impact pathway (SIP) framework. The aim is to encourage marketing researchers, non-profits and corporations to pursue impactful work that is valued, planned, monitored and evaluated.

The conceptual paper explores the complexities of estimating social impact drawing from a range of illustrative cases.

The paper identifies a lack of clarity in the understanding and application of impact and presents a pathway aimed at increasing focus on social impact across future work to deliver the net-positive changes that are needed to reverse biodiversity decline, climate change and social and health inequalities that continue to be persist and be experienced by so many planet wide.

This paper contributes a pathway forward to encourage and support increased utilisation of the framework in future marketing research.

Mapping and measuring SIPs are concerted efforts directing understanding towards identifying the activities that are contributing to the delivery of outputs that can achieve intended outcomes. The measurement of impact directs investment towards activities that ensure net-positive gains are achieved.

Ever growing social inequities, health disparities, loss of biodiversity and environmental degradation occur when practices are left unchecked. A focus on impact avoids greenwashing practices, ensuring that an understanding of what has changed because of the work is transparently reported.

This paper aims to encourage marketing researchers to engage in social change projects, rather than solely disseminating academic findings. Emphasising the importance of an outside-in approach, this paper highlights the necessity of showcasing accumulated outcomes to demonstrate impact.

The cognitive biases exhibited by investors could hinder their capacity for logical reasoning and impact their perception and reaction to information when making financial choices. So, this study was done to identify the behavioral biases that hinder investors' sound decision-making at the Pakistan Stock Exchange (PSX).

A cross-sectional study was undertaken employing a causal research design approach. Questionnaires were administered to individual investors of the PSX as the data collection methodology. The data were subsequently analyzed through the utilization of the Smart PLS Structural Equation Modeling (SEM) technique.

The results suggest that information factors and cognitive biases, namely home bias, geographical bias, investor sentiment, salience, and over/under reaction have a positive association with the investors' choices at PSX.

The study’s emphasis is on the impact of behavioral biases on individual investors only, even though such biases also influence the investment decisions of institutional investors.

The study holds implications for scholars engaged in the field of behavioral finance as well as professionals involved in the stock market, particularly those interacting with individual investors and personal finance. Additionally, the current study will take into account investors, financial advisors, practitioners, policymakers, investment experts, stakeholders or target groups, etc. to support various groups in their professional activity and to help them overcome such biases that influence their sound decision-making power.

The innovative aspect of this research is its ability to advance the understanding of the conceptual underpinnings and social structure of behavioral biases by critically analyzing the body of prior research and adding value to the existing body of literature on behavioral finance in Pakistan by investigating the combined impact of never-studied variables, i.e. geographical bias and information variables, understudied behavioral variables, i.e. home bias and salience and studied variables, i.e. investor sentiment and over/under reaction on individual investor investment decisions at PSX.

The term knowledge refers to the part of the world investigated by a specific discipline and that includes a specific taxonomy, vocabulary, concepts, theories, research methods and standards of justification. Our approach uses domain knowledge to improve the quality of business process models (BPMs) by exploiting the domain knowledge provided by large language models (LLMs). Among these models, ChatGPT stands out as a notable example of an LLM capable of providing in-depth domain knowledge. The lack of coverage presents a limitation in each approach, as it hinders the ability to fully capture and represent the domain’s knowledge. To solve such limitations, we aim to exploit GPT-3.5 knowledge. Our approach does not ask GPT-3.5 to create a visual representation; instead, it needs to suggest missing concepts, thus helping the modeler improve his/her model. The GPT-3.5 may need to refine its suggestions based on feedback from the modeler.

We initiate our semantic quality enhancement process of a BPM by first extracting crucial elements including pools, lanes, activities and artifacts, along with their corresponding relationships such as lanes being associated with pools, activities belonging to each lane and artifacts associated with each activity. These data are systematically gathered and structured into ArrayLists, a form of organized collection that allows for efficient data manipulation and retrieval. Once we have this structured data, our methodology involves creating a series of prompts based on each data element. We adopt three approaches to prompting: zero-shot, few-shot and chain of thoughts (CoT) prompts. Each type of prompting is specifically designed to interact with the OpenAI language model in a unique way, aiming to elicit a diverse array of suggestions. As we apply these prompting techniques, the OpenAI model processes each prompt and returns a list of suggestions tailored to that specific element of the BPM. Our approach operates independently of any specific notation and offers semi-automation, allowing modelers to select from a range of suggested options.

This study demonstrates the significant potential of prompt engineering techniques in enhancing the semantic quality of BPMs when integrated with LLMs like ChatGPT. Our analysis of model activity richness and model artifact richness across different prompt techniques and input configurations reveals that carefully tailored prompts can lead to more complete BPMs. This research is a step forward for further exploration into the optimization of LLMs in BPM development.

The limitation is the domain ontology that we are relying on to evaluate the semantic completeness of the new BPM. In our future work, the modeler will have the option to ask for synonyms, hyponyms, hypernyms or keywords. This feature will facilitate the replacement of existing concepts to improve not only the completeness of the BPM but also the clarity and specificity of concepts in BPMs.

To demonstrate our methodology, we take the “Hospitalization” process as an illustrative example. In the scope of our research, we have presented a select set of instructions pertinent to the “chain of thought” and “few-shot prompting.” Due to constraints in presentation and the extensive nature of the instructions, we have not included every detail within the body of this paper. However, they can be found in the previous GitHub link. Two appendices are given at the end. Appendix 1 describes the different prompt instructions. Appendix 2 presents the application of the instructions in our example.

In our research, we rely on the domain application knowledge provided by ChatGPT-3 to enhance the semantic quality of BPMs. Typically, the semantic quality of BPMs may suffer due to the modeler's lack of domain knowledge. To address this issue, our approach employs three prompt engineering methods designed to extract accurate domain knowledge. By utilizing these methods, we can identify and propose missing concepts, such as activities and artifacts. This not only ensures a more comprehensive representation of the business process but also contributes to the overall improvement of the model's semantic quality, leading to more effective and accurate business process management.

Managers must make numerous strategic decisions in order to initiate and implement a business model innovation (BMI). This paper examines how managers perceive the management team interacts when making BMI decisions. The paper also investigates how group biases and board members’ risk willingness affect this process.

Empirical data were collected through 26 in-depth interviews with German managing directors from 13 companies in four industries (mobility, manufacturing, healthcare and energy) to explore three research questions: (1) What group effects are prevalent in BMI group decision-making? (2) What are the key characteristics of BMI group decisions? And (3) what are the potential relationships between BMI group decision-making and managers' risk willingness? A thematic analysis based on Gioia's guidelines was conducted to identify themes in the comprehensive dataset.

First, the results show four typical group biases in BMI group decisions: Groupthink, social influence, hidden profile and group polarization. Findings show that the hidden profile paradigm and groupthink theory are essential in the context of BMI decisions. Second, we developed a BMI decision matrix, including the following key characteristics of BMI group decision-making managerial cohesion, conflict readiness and information- and emotion-based decision behavior. Third, in contrast to previous literature, we found that individual risk aversion can improve the quality of BMI decisions.

This paper provides managers with an opportunity to become aware of group biases that may impede their strategic BMI decisions. Specifically, it points out that managers should consider the key cognitive constraints due to their interactions when making BMI decisions. This work also highlights the importance of risk-averse decision-makers on boards.

This qualitative study contributes to the literature on decision-making by revealing key cognitive group biases in strategic decision-making. This study also enriches the behavioral science research stream of the BMI literature by attributing a critical influence on the quality of BMI decisions to managers' group interactions. In addition, this article provides new perspectives on managers' risk aversion in strategic decision-making.

This paper focuses on image-to-text manuscript processing through Handwritten Text Recognition (HTR), a Machine Learning (ML) approach enabled by Artificial Intelligence (AI). With HTR now achieving high levels of accuracy, we consider its potential impact on our near-future information environment and knowledge of the past.

In undertaking a more constructivist analysis, we identified gaps in the current literature through a Grounded Theory Method (GTM). This guided an iterative process of concept mapping through writing sprints in workshop settings. We identified, explored and confirmed themes through group discussion and a further interrogation of relevant literature, until reaching saturation.

Catalogued as part of our GTM, 120 published texts underpin this paper. We found that HTR facilitates accurate transcription and dataset cleaning, while facilitating access to a variety of historical material. HTR contributes to a virtuous cycle of dataset production and can inform the development of online cataloguing. However, current limitations include dependency on digitisation pipelines, potential archival history omission and entrenchment of bias. We also cite near-future HTR considerations. These include encouraging open access, integrating advanced AI processes and metadata extraction; legal and moral issues surrounding copyright and data ethics; crediting individuals’ transcription contributions and HTR’s environmental costs.

Our research produces a set of best practice recommendations for researchers, data providers and memory institutions, surrounding HTR use. This forms an initial, though not comprehensive, blueprint for directing future HTR research. In pursuing this, the narrative that HTR’s speed and efficiency will simply transform scholarship in archives is deconstructed.