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1 – 10 of over 17000Rayenda Khresna Brahmana, Chee‐Wooi Hooy and Zamri Ahmad
This research aims to explore and explain the determinants of irrational financial decision making, especially the day‐of‐the week anomaly, by using psychological approach.
Abstract
Purpose
This research aims to explore and explain the determinants of irrational financial decision making, especially the day‐of‐the week anomaly, by using psychological approach.
Design/methodology/approach
As it is a conceptual paper, this research explores the psychological biases literature and links it to the day‐of‐the week anomaly. Using Ellis' ABC (Activating Event, Belief, and Consequences) Model, the authors survey and classify the stimulant as the occasion that stimulates the psychological biases of investors, and these psychological biases will bring a consequence in behaviour which is irrationality in weekend effect.
Findings
Adopting Ellis' ABC model, the paper constructs a theoretical framework that link the psychological biases and day‐of‐the week anomaly. The theoretical model is also given as a proposed model for future empirical research.
Research limitations/implications
This paper contributes to research by giving the theoretical model and its framework. The latter, future research can examine the proposed psychological biases as the determinant of day‐of‐the week anomaly empirically.
Originality/value
This paper conceptually builds a framework and derives a proposed equation model linking the psychological biases (weather, moon, attention bias, heuristic bias, regret, and cognitive bias) to the day‐of‐the week anomaly.
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Local Safeguarding Adults Board (SAB) policies, procedures, guidance and related documents on self-neglect were gathered and analysed, to map what approaches are being taken…
Abstract
Purpose
Local Safeguarding Adults Board (SAB) policies, procedures, guidance and related documents on self-neglect were gathered and analysed, to map what approaches are being taken across England. This paper aims to identify areas of divergence to highlight innovations or challenges faced by SABs.
Design/methodology/approach
Self-neglect documents were identified by searching SAB websites. Data were extracted into a framework enabling synthesis and comparison between documents.
Findings
This paper reports on how English SAB documentation defines self-neglect, treats executive capacity, lays out pathways for self-neglect cases, advises on refusal of service input and multi-agency coordination and draws on theories or tools. Greater coherence in understanding self-neglect has developed since it was brought within safeguarding in 2014; however, variation remains regarding scope, referral pathways and threshold criteria.
Research limitations/implications
This review was limited to published SAB documentation at one point in time and could not consider either the wider context of safeguarding guidance and training or implementation in practice.
Practical implications
This review provides an overview of how SABs are interpreting national guidance and guiding practitioners. The trends and areas of uncertainty identified offer a resource for informed research and policy-making.
Originality/value
To the best of the author’s knowledge, this is the first systematic survey of SAB self-neglect policies, procedures and guidance since self-neglect was included under safeguarding.
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Sweta Chaturvedi Thota and Ritwik Kinra
Research demonstrates that individuals display relative thinking – the tendency to consider relative savings rather than just absolute savings in their decisions to search for a…
Abstract
Purpose
Research demonstrates that individuals display relative thinking – the tendency to consider relative savings rather than just absolute savings in their decisions to search for a deal or purchase an item. This paper aims to review empirical and analytical literature on relative thinking, perceived search costs and price savings to propose and test a conceptual model of relative thinking.
Design/methodology/approach
Through two studies, the paper tests whether individuals display relative thinking when shopping across stores vs online and how they perceive search and time spent in pursuing savings. Both studies are adaptations of the classic jacket-and-calculator scenario study (Tversky and Kahneman, 1981).
Findings
Results show attenuation of the robust relative thinking phenomenon over the internet compared to shopping across stores. Individuals exhibit increased price sensitivity for both low and high relative savings conditions on the internet but demonstrate price sensitivity only in the high relative savings condition in the store shopping contexts. Diagnostic measures pertaining to the attractiveness of savings and the perceptions of search costs corroborate the support for relative thinking across stores but not over the internet.
Originality/value
These results lend weight to the central claim in this paper that the internet marks a new boundary condition for the relative thinking phenomenon in marketing literature. Theoretical and managerial implications of the findings, the limitations of the studies and future research opportunities are discussed.
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The purpose of this paper is to explore, how organization theoretically diverse research on OCR is actually grounded, since insights into the organization theoretical foundations…
Abstract
Purpose
The purpose of this paper is to explore, how organization theoretically diverse research on OCR is actually grounded, since insights into the organization theoretical foundations of OCR are completely lacking.
Design/methodology/approach
A selection of 85 articles on organizational change was made, published in top tier journals in 2010. The authors conducted a reference analysis based on 18 prominent organization theories and their main contributing authors.
Findings
The findings show firstly a very strong theoretical selectivity, focusing on cognitive, learning, and neo-institutional theories. Other theories are almost fully neglected. Secondly, this analysis suggests that current OCR struggles hard with transforming the cognitive frames of topical OT into fruitful accesses to the own object. The resulting theory application appears as a dissatisfying escape strategy, performed to cover theoretical antagonisms and to avoid a deeper confrontation with the underlying assumptions of OCR.
Research limitations/implications
The authors are fully aware that the depth of their analysis is worth broadening. A more comparable scope in the amount of the theories, journals, articles, and of the covered time span would help to substantiate their results.
Practical implications
Pragmatic change approaches rely strongly on organizational change research. If OCR itself is not topical in terms of using available theoretical knowledge, pragmatic approaches fail to stand on solid ground. The paper therefore provides a background for the link between failing empirical change projects and the usage of available scientific knowledge.
Originality/value
An analysis of the organization theoretical topicality of organizational change research is completely missing. The paper therefore not only contributes to the discovery of a blind spot in organizational studies, it possibly helps to explore the reasons for the high percentage of failing change projects.
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This paper intends to explore how corporate bodies could be held criminally responsible for abuse and neglect that takes place in hospitals and care homes if by their actions they…
Abstract
Purpose
This paper intends to explore how corporate bodies could be held criminally responsible for abuse and neglect that takes place in hospitals and care homes if by their actions they facilitate this abuse or neglect to take place. It explores current domestic and international law and seeks to find precedents and guidance that would allow the Government to create a new criminal sanction for “corporate neglect”.
Design/methodology/approach
The paper provides a review of existing legislation and regulation on corporate neglect in hospitals and care homes.
Findings
The paper proposes that the Health and Social Care Act 2008 be amended to include a new section which would make corporate neglect a criminal offence. Furthermore, to ensure that the punishments for these offences act both as appropriate sanction and a suitable deterrent for corporations, the author proposes that new offences should be implemented to include unlimited fines, remedial orders and publicity orders.
Originality/value
Following a number of recent scandals in care homes and hospitals, including Winterbourne View and Mid Staffordshire, it is clear that there is a legislative and regulatory gap in the ability to hold corporate bodies to account for neglect or abuse that occurs in their institutions. This must now be urgently addressed.
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Lee Robert Hughes and Rose Raniolo
The purpose of the paper is to examine and contrast director duties in health and safety in the UK and Australian jurisdictions, the former influencing the latter's health and…
Abstract
Purpose
The purpose of the paper is to examine and contrast director duties in health and safety in the UK and Australian jurisdictions, the former influencing the latter's health and safety regime until Australia introduced a new more progressive regime.
Design/methodology/approach
The authors are practitioners who have combined desk based research with professional knowledge of how the law in both jurisdictions is applied. The approach was a comparative study of the underlying principles behind the enforcement regimes.
Findings
The paper found that the UK position could be strengthened but whilst the new Australian position could be a preferable development, it is too early to tell whether or not the Australian model would be more effective.
Research limitations/implications
Research was desk‐based only.
Practical implications
Practitioners in both jurisdictions should consider potential developments in the area of director duties, particularly in the UK where Section 37 could arguably be strengthened.
Originality/value
This is the first comparison of the UK and Australian jurisdictions in respect of health and safety and examines an alternative to the consent, connivance and neglect model used in the UK to attach culpability to directors and officers. It also examines the possibility of introducing due diligence in the UK.
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The geopolitical relevance of the region with regard to clandestine and market interests exerting ecological pressures over mangroves and artisanal fishing thus raises awareness…
Abstract
Purpose
The geopolitical relevance of the region with regard to clandestine and market interests exerting ecological pressures over mangroves and artisanal fishing thus raises awareness with regard to the local disaster's potentially global dimension. Delinking thus suggests divergent visibilization strategies regarding the narratives and framings of the region.
Design/methodology/approach
Reflecting on previous ethnographic and quantitative research on the impacted livelihoods in the Canton of Muisne (Ecuador) in the aftermath of the earthquake of April 2016, this article explores some disruptive dimensions of the permanent disaster in the predominantly black Ecuadorian–Colombian border region.
Findings
By drawing on decolonial theory, as well as by shifting between a mainstream narrative of the disaster, on the one hand, and a “delinked narrative,” on the other, this article is in line with more recent publications arguing that neither local and time bound accounts of vulnerability, ethnicity and (in)visibility, nor mainstream depictions of a “lack of development” are able to generate the required knowledge to disrupt from this permanently neglected disaster.
Originality/value
In order to understand the disaster beyond its ostensibly local dimension, economic, environmental, as well as the geopolitical considerations are suggested, resulting in a different framing of the disaster.
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Beate Cesinger, Matthias Fink, Tage Koed Madsen and Sascha Kraus
The purpose of this article is to develop a contextualized definition of the phenomenon of rapidly internationalizing ventures (RIVs) ‐ such as born globals or international new…
Abstract
Purpose
The purpose of this article is to develop a contextualized definition of the phenomenon of rapidly internationalizing ventures (RIVs) ‐ such as born globals or international new ventures ‐ building upon the commonly noted dimensions of internationalization: speed, degree and scope.
Design/methodology/approach
The study builds on a theory informed review of 62 empirical studies on RIVs from the USA and the European Union and an empirical survey among 103 academics in the field of international entrepreneurship.
Findings
After specifying the core characteristics of RIVs (speed, degree, and scope of internationalization), it is shown that the discrepancies in definitions result in a dysfunctional fragmentation of empirical results. Thus, research on the phenomenon of RIVs urgently needs contextualized definitions because the three core characteristics are context‐sensitive, and will therefore manifest themselves differently across contexts.
Research limitations/implications
The paper contributes to international entrepreneurship research by introducing a feasible strategy for defining RIVs which ensures the identification of the very same phenomenon across different contexts, thus bridging the gap between different research contexts and enabling a common body of knowledge to evolve.
Practical implications
This insight is particularly important for identifying, analyzing and understanding how managers in RIVs recognize and exploit opportunities in a global sphere and what drives their behaviour and development paths with regard to international activities.
Originality/value
Based upon the theoretically‐driven identification of the core characteristics of RIVs, the paper formulates the concept of contextualized definitions which enable researchers to identify the phenomenon within any specific context. These relative definitions are suitable for identifying the very same phenomenon in diverse contexts.
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It is estimated that 60 to 70 percent of the GNP in western developed countries is services. Some twenty‐five years after the discovery of this fact the academic world found the…
Abstract
It is estimated that 60 to 70 percent of the GNP in western developed countries is services. Some twenty‐five years after the discovery of this fact the academic world found the time ripe to recognize services as a research area. Says German service pioneer Professor Wolfgang von Dienstbode: “We consider it obvious, although a lot remains to be done to prove it scientifically, that the service sector has come to stay.” The theoretical advances in services marketing and the management of service businesses have also boomed during the past few years.
To provide a practical overview of strategic thinking concepts and practices for marketing and other managers that can help them improve their strategy making.
Abstract
Purpose
To provide a practical overview of strategic thinking concepts and practices for marketing and other managers that can help them improve their strategy making.
Design/methodology/approach
The raw materials of strategic thinking are illustrated by case studies and examples from a range of industries to aid managers in their successful application. The principles and techniques are presented in four categories: thinking strategies, strategic decision making, strategic competencies and visualizing strategy.
Findings
Offers marketers an approach for moving beyond the automatic application of traditional strategic frameworks to identify and to achieve breakthrough strategies. Recognizes the real power of strategic thinking as a source of competitive advantage.
Practical implications
The principles and practices proposed represent a practical system for enhancing strategic promise and performance, as well as for reducing the risks of strategic failure.
Originality/value
The marketing discipline is long overdue in applying the same attention and rigor to strategic thinking that it applies to strategic planning and this paper offers managers practical help in identifying and developing strategic thinking competencies.
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