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1 – 10 of 567Jason W. Ridge, Dave Kern and Margaret A. White
The purpose of this paper is to examine the effects of temporal myopia (focussing on the short-term) and spatial myopia (focussing on the current market) on firm strategy…
Abstract
Purpose
The purpose of this paper is to examine the effects of temporal myopia (focussing on the short-term) and spatial myopia (focussing on the current market) on firm strategy. Specifically the paper investigates the effects of temporal and spatial myopia on the persistence and conformity of firm strategy. Additionally, the paper tests how environmental munificence moderates these effects. A secondary purpose of this paper is to develop a replicable method of measurement of temporal and spatial myopia.
Design/methodology/approach
The authors conducted a manual content analysis of letters to shareholders for 100 firms over three years to measure spatial and temporal myopia. After collecting strategy variables and control variables from Compustat, the authors utilize a random-effects panel methodology.
Findings
The results indicate that strategy is influenced by both temporal and spatial myopia. Specifically, temporal myopia creates a focus on the firm's current strategy, leading to a persistent strategy over time and spatial myopia focusses firm decision makers on better known technologies and competitors, leading to conformity to industry strategic profiles. Additionally, the paper tests how environmental munificence influences these relationships. In total, the paper finds that the differing types of managerial myopia have distinct influences on firm outcomes.
Originality/value
This paper makes two important contributions to the literature on managerial myopia. First, the paper investigates the differential effects of both spatial and temporal myopia on firm strategy, topics that have been relatively overlooked in empirical investigations of decision making. Second, the paper develops replicable measures for both temporal and spatial myopia, which have been previously suggested to limit the ability to empirically test the implications of managerial myopia (Laverty, 1996).
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This study aims to investigate the impacts of the psychological behaviors of managers, including entrenchment, myopia, narcissism and overconfidence, on money laundering at…
Abstract
Purpose
This study aims to investigate the impacts of the psychological behaviors of managers, including entrenchment, myopia, narcissism and overconfidence, on money laundering at Iranian companies listed on the Tehran Stock Exchange.
Design/methodology/approach
The present study is descriptive-correlational in terms of methodology and applied research in terms of objectives. The statistical population consisted of all companies listed on the Tehran Stock Exchange during 2013–2019. A total of 150 companies were selected as samples via screening. Logistic regression was used to analyze the data and test the hypotheses in EViews v10.
Findings
The findings revealed that management entrenchment, managerial myopia, managerial narcissism and managerial overconfidence have significant impacts on money laundering.
Originality/value
This study pioneer investigating the impacts of psychological behaviors among managers on money laundering in Iran. As an economic crime, money laundering poses an adverse impact on economic growth in countries. The continuous monitoring of manager performance and the deployment of performance measurement systems could prevent the negative impacts of manager behavior on money laundering.
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Mahdi Salehi, Mohammed Ahmed Jabbar and Saleh Orfizadeh
This study investigates the relationship between management's psychological characteristics (managers' narcissism, overconfidence and managers' myopia) and earnings management in…
Abstract
Purpose
This study investigates the relationship between management's psychological characteristics (managers' narcissism, overconfidence and managers' myopia) and earnings management in the pre-Islamic State of Iraq and Syria (ISIS) and post-ISIS eras.
Design/methodology/approach
A multivariate regression model was used to test the hypotheses. The research hypotheses were tested using a sample of all companies listed on the Iraqi Stock Exchange from 2014 to 2020.
Findings
Findings indicate a positive and significant relationship between managers' narcissism, overconfidence and myopia with accrual and real earnings management. According to the results, the ISIS weakens the relationship between managers' narcissism, managers' overconfidence and managers' myopia with accrual and real earnings management.
Originality/value
Because no study has addressed this issue in Iraq so far, the results of this research can provide helpful information for its users and improve the knowledge and science in this area.
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Adriana AnaMaria Davidescu, Oana Ramona Lobont, Eduard Mihai Manta and Răzvan Gabriel Hapau
Purpose: This chapter aims to perform text analysis to investigate the academic area delimitated by economic and financial performance and money laundering.Need for the study: The…
Abstract
Purpose: This chapter aims to perform text analysis to investigate the academic area delimitated by economic and financial performance and money laundering.
Need for the study: The findings contribute to the body of literature by providing important insights in terms of money laundering and financial performance.
Methodology: In order to achieve the research objective, further than 640 papers were retrieved from the Web of Science from 1994 to 2022, concentrating on the most referenced documents found in the superior quartile.
Findings: The empirical findings emphasise that the article with the unique words Fraud Detection System: A Survey by Abdallah A., Maarof M. A., and Zainal A., examines a complete and systematic assessment of the concerns and obstacles that impede the performance of fraud detection systems. Furthermore, topic modelling findings highlighted the presence of four main topics: topic 1 – identified by ‘performance’, ‘firms’, ‘financial’, ‘fraud’, and ‘board’; topic 2 – described in terms of ‘fraud’, ‘accounting’, ‘evidence’, ‘audit’, and ‘research’; topic 3 – identified by ‘firms’, ‘fraud’, ‘financial’, ‘CEO’, and ‘results’ while topic 4 – identified through ‘fraud’, ‘detection’, ‘data’, ‘cost’, and ‘card’.
Practical implications: This study will act as a guide for researchers of the financial performance field to explore the scientific publications in the field of money laudering.
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Miguel Pina Cunha, Stewart Clegg, Arménio Rego, Luca Giustiniano, António Cunha Meneses Abrantes, Anne S. Miner and Ace Volkmann Simpson
The purpose of this paper is to explore how a number of processes joined to create the microlevel strategies and procedures that resulted in the most lethal and tragic forest fire…
Abstract
Purpose
The purpose of this paper is to explore how a number of processes joined to create the microlevel strategies and procedures that resulted in the most lethal and tragic forest fire in Portugal's history, recalled as the EN236-1 road tragedy in the fire of Pedrógão Grande.
Design/methodology/approach
Using an inductive theory development approach, the authors consider how the urgency and scale of perceived danger coupled with failures of system-wide communication led fire teams to improvise repeatedly.
Findings
The paper shows how structure collapse led teams to use only local information prompting acts of improvisational myopia, in the particular shape of corrosive myopia, and how a form of incidental improvisation led to catastrophic results.
Practical implications
The research offers insights into the dangers of improvisation arising from corrosive myopia, identifying ways to minimize them with the development of improvisation practices that allow for the creation of new patterns of action. The implications for managing surprise through improvisation extend to risk contexts beyond wildfires.
Originality/value
The paper stands out for showing the impact of improvisational myopia, especially in its corrosive form, which stands in stark contrast to the central role of attention to the local context highlighted in previous research on improvisation. At the same time, by exploring the effects of incidental improvisation, it also departs from the agentic conception of improvisation widely discussed in the improvisation literature.
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– This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
Examines the tendency of companies to be affected by a myopic view that focuses either on the short term or the current market. Considers factors that can moderate this limited outlook and develops measures that can be used to examine both kinds of myopia.
Practical implications
The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
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Mary B. Collins and William R. Freudenburg
This chapter examines how the dual role of the federal government in promoting and regulating promising new industrial technologies may evolve to embody an inherent conflict of…
Abstract
This chapter examines how the dual role of the federal government in promoting and regulating promising new industrial technologies may evolve to embody an inherent conflict of interest, a condition referred to as the “paradox of partnerships.” Using a temporal perspective to explore relevant paradoxes of partnerships, this research speculates on the parallels of two recent technologies: nuclear power and nanotechnology. We conclude that while government–industry partnerships may seem relatively uncontroversial during early phases of technological development, such partnerships can prove problematic years later – as the government moves away from its role as a technology promoter and toward its role as an essential regulator. Lessons learned from the downfall of the nuclear power industry suggest that as nanotechnology becomes technically and economically feasible, early government investments may come to look more like entanglements – ones that may involve irreconcilable incentives that jeopardize the ultimate rewards.
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Ayşen Coşkun, Michael Polonsky and Andrea Vocino
To achieve the UN’s 2030 agenda, consumers will need to behave more responsibly and make less environmentally harmful purchases. This study aims to investigate the antecedents of…
Abstract
Purpose
To achieve the UN’s 2030 agenda, consumers will need to behave more responsibly and make less environmentally harmful purchases. This study aims to investigate the antecedents of consumers’ pro-environmental purchase intentions based on a range of motivating (i.e. attitudes, locus of control) and inhibiting factors (i.e. apathy and myopia) for a low-involvement product. It also tests the moderating effect of the greenness of a low-involvement product (green vs nongreen) on the consumer’s pro-environmental purchase intentions.
Design/methodology/approach
An online panel survey of 679 Turkish consumers was used. Structural equation modeling was used to test the hypothesized relationships.
Findings
The results suggest that while inhibiting factors (i.e. apathy and myopia) may not directly impede such purchase intentions, they could prevent consumers from considering the environmental characteristics of low-involvement products.
Practical implications
The insights are expected to assist marketers and policymakers to understand consumer psychological mechanisms when encouraging and promoting pro-environmental behavior in the context of low-involvement purchases, enhancing consumers contributing to the 2030 objectives.
Originality/value
This study examines the role of inhibiting factors behind the purchase of low-involvement goods. It also tests the moderating effect of the greenness of a low-involvement product on pro-environmental purchase intentions.
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Robert Klassen and Sara Hajmohammad
In operations and supply chain management, time is largely one-dimensional – less is better – with much effort devoted to compressing, efficiently using, and competitively…
Abstract
Purpose
In operations and supply chain management, time is largely one-dimensional – less is better – with much effort devoted to compressing, efficiently using, and competitively exploiting clock-time. However, by drawing on other literatures, the purpose of this paper is to understand implications for the field of operations management if we also emphasize how humans and organizations experience time, termed process-time, which is chronicled by events and stages of change.
Design/methodology/approach
After a brief review, the limitations of the recurrent time-oriented themes in operations management and the resulting short-termism are summarized. Next, sustainability is offered as an important starting point to explore the concept of temporality, including both clock- and process-time, as well as the implications of temporal orientation and temporal conflict in supply chains.
Findings
A framework that includes both management and stakeholder behavior is offered to illustrate how multiple temporal perspectives might be leveraged as a basis for an expanded and enriched understanding of more sustainable competitiveness in operations.
Social implications
Research by others emphasizes the importance of stakeholders to competitiveness. By recognizing that different stakeholder groups have varying temporal orientations and temporality, managers can establish objectives and systems that better reflect time-based diversity and diffuse temporal conflict.
Originality/value
This paper summarizes how time has been incorporated in operations management, as well as the challenges of short-termism. Sustainability forms the basis for exploring multiple perspectives of time and three key constructs: temporal orientation, temporality, and temporal conflict. A framework is proposed to better incorporate temporal perspectives as a basis for competitiveness in operations and supply chain management.
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Joana Geraldi, Iben Stjerne and Josef Oehmen
Temporary and permanent organisations have contrasting yet co-dependent perspectives regarding time; temporary organisations are made to ‘die’, yet most of them exist to enable…
Abstract
Temporary and permanent organisations have contrasting yet co-dependent perspectives regarding time; temporary organisations are made to ‘die’, yet most of them exist to enable permanent organisations to ‘survive’. The authors studied the temporal tensions of strategic initiatives – that is, temporary organisations that aim to implement strategic change in permanent organisations. Our empirical data identified three temporal tensions emerging when senior managers timed their strategic initiatives: ambition versus realism when enacting the time horizon, patience versus urgency when enacting the pace, and clock time versus event time when enacting the temporal perspective. By evoking the literature on paradox and temporal work, the authors extend the view of temporality at the temporary and permanent interface and indicate how temporal work played an important role in creating, reinforcing, or transforming temporal tensions. The authors conclude by providing implications for theory and practice.
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