Search results
1 – 10 of 35Wendy Moody, Peter Kinderman and Pammi Sinha
This study sets out to explore the application of psychological research methods (as yet not applied) in the fashion arena. The aim of this project is to quantify, formalise and…
Abstract
Purpose
This study sets out to explore the application of psychological research methods (as yet not applied) in the fashion arena. The aim of this project is to quantify, formalise and explore the causal relationships between clothing style, preference, personality factors, emotions and mood with a view to a better understanding of the psychological profile of the fashion consumer.
Design/methodology/approach
Using a uniformly composed sample of females, explorative quantitative research was carried out. Two sets of questionnaires were administered to the sample to examine emotion, mood and personality before trying on a set of eight garments categorized according to style; and again afterwards to examine emotion and mood while wearing each outfit. Photographs of participants were taken wearing each of the outfits. Participants then ranked the eight outfits in order of preference. SPSS analysis identified relationships and preference indicators.
Findings
The results indicated strong relationships between mood and significant relationships between three out of five personality factors and clothing style preference; mood was a significant predictor of preference, whilst personality was moderate.
Research limitations/implications
The research methodology necessitated lengthy time commitments from the participants and therefore limited the sample size, making generalization difficult. Based on the findings, the research requires further exploration of methods for practical application with a larger sample size.
Practical implications
Personality, emotion and mood were shown to be managed and reflected through clothing with implications for assistance in consumer clothing decisions, service training, and strategies for personal shoppers, market segmentation and design.
Originality/value
The methodology derived from a combination of research methods coupled with actual wearing experience, previously not studied together. This is original and demonstrates how important this combination is in order to fully appreciate the psychological profile of the fashion consumer.
Details
Keywords
Not since the Great Depression of the 1930s have the activities of individual corporations come under as much scrutiny as they have over the past decade. With daily headlines…
Abstract
Not since the Great Depression of the 1930s have the activities of individual corporations come under as much scrutiny as they have over the past decade. With daily headlines about the savings and loan crisis, insider trading, layoffs and plant closures, green marketing, ingredient labeling practices, and influence‐peddling political contributions, the new watchwords in the business world are ethics, accountability, and social responsibility.
David P. Stowell, Tim Moore and Jeff Schumacher
Are hedge funds heroes or villains? Management of Blockbuster, Time Warner, Six Flags, Knight-Ridder, and Bally Total Fitness might prefer the “villain” appellation, but Enron…
Abstract
Are hedge funds heroes or villains? Management of Blockbuster, Time Warner, Six Flags, Knight-Ridder, and Bally Total Fitness might prefer the “villain” appellation, but Enron, WorldCom, Tyco, and HealthSouth shareholders might view management as the real villains and hedge funds as vehicles to oust incompetent corporate managers before they run companies into the ground or steal them through fraudulent transactions. Could the pressure exerted by activist hedge funds on targeted companies result in increased share prices, management accountability, and better communication with shareholders? Or does it distract management from its primary goal of enhancing long-term shareholder value?
To determine the benefits and disadvantages of activist hedge fund activity from the perspective of corporate management and shareholders; to examine if a hedge fund's suggested corporate restructuring could create greater shareholder value; and to explain the changing roles and perspectives of hedge funds.
Details
Keywords
Balakrishnan V Nair and Chandramalar Munusami
The purpose of this paper is to investigate KM practices that may be in place in the higher education institutions (HEIs) and whether the KM practices are made known to the…
Abstract
Purpose
The purpose of this paper is to investigate KM practices that may be in place in the higher education institutions (HEIs) and whether the KM practices are made known to the employees for improving the teaching and learning environment provided at the Malaysian higher education institutions.
Design/methodology/approach
Data were collected using a personal administrated method made available to private higher education institutions academic members in five states with 30 or more employees. A total of 1,100 survey questionnaires were handed out, out of which 273 were collected and were usable (24.8 per cent response rate). The sample was checked for response and non-response bias. Results were tested using SPSS application and questionnaire tools.
Findings
It was essential to establish the knowledge management (KM) capacity in key areas such as the ability to recognise experts within the institution, leadership’s innovation, knowledge sharing and knowledge acquiring work culture, and technology usage. KM tools and techniques would help the institutions to meet their competitive goals; therefore, it is vital for HEIs to create KM awareness among the employees.
Research limitations/implications
Similar to most studies, it is anticipated that the participants’ awareness of KM practices at their HEIs is very high. The samples were collected to evaluate the general view of KM awareness and how participants perceived KM practices. The total samples received for this study were expected; however, they were sufficient to study the impact.
Practical implications
This paper provides support for the importance of KM practices and employees awareness at HEIs to enhance innovation and performance teaching and learning environment.
Originality/value
This paper is one of the first papers to find empirical support for the role of KM practices at HEIs. Further, the positioning of KM practices as a competitive tool can be considered as an influential factor to competitive advantage.
Details
Keywords
– The purpose of this paper is to solve the optimal managerial compensation problem when shareholders are either naïvely optimistic or rational.
Abstract
Purpose
The purpose of this paper is to solve the optimal managerial compensation problem when shareholders are either naïvely optimistic or rational.
Design/methodology/approach
The paper uses applied game theory to derive the optimal CEO compensation package with over optimistic shareholders.
Findings
The results suggest that boards of directors should decrease option grants to CEOs when equity is likely to be irrationally overvalued at the date when the CEO's options vest.
Research limitations/implications
The implications of the model are consistent with the available empirical evidence. In addition, the model generates new testable predictions about managerial stock price manipulation, the number of options granted, and the magnitude of the options’ strike prices that have not yet been formally tested.
Originality/value
This is the only paper to derive closed-form solutions to optimal CEO compensation when shareholders are naïvely optimistic.
Details
Keywords
There is growing recognition that numerous business drivers contribute to financial performance and investment returns but they are not included in a company's profit and loss…
Abstract
Purpose
There is growing recognition that numerous business drivers contribute to financial performance and investment returns but they are not included in a company's profit and loss statements. In the investment industry, these wider sets of value drivers are known as environment-social- governance (ESG) factors. A small number of specialized ESG rating agencies provide information to investors about the extent to which firms' behaviors are socially responsible. However, a major criticism of these rating agencies is the lack of transparency in their methods. This paper aims to examine the issues of subjectivity, transparency and uniformity of ESG ratings by exploring the methods used to assess ethics performance by an Australian rating agency.
Design/methodology/approach
A case study was conducted on an Australian ESG rating provider, Regnan. The data for the analysis were sourced from internal Regnan documents.
Findings
The paper found that a level of subjectivity is inevitable in ESG ratings and the call for uniformity may inhibit innovation, but these issues can be addressed by increased transparency of the rating methods.
Research limitations/implications
Further research is required to understand what level and, combination of, uniformity and transparency is sufficient to satisfy stakeholder requirements for ESG information.
Practical implications
The discussion of the factors underlying the ethics performance rating may prompt more open and transparent debate on how to assess ethical performance of companies, and increase investor confidence in ESG ratings. It may also provide more direction to companies on how to strengthen their ethical performance.
Originality/value
There is growing recognition that numerous business drivers contribute to financial performance and investment returns but they are not included in a company's profit and loss statements. These “ESG” factors can account for up to 66 percent of the market value of globally listed companies. In response to calls for more transparency on how ESG factors are assessed, and how ethical performance is appraised, this paper attempts to lift the veil on ESG rating methods.
Details
Keywords
The US restaurant industry and the food‐service industry have undergone tremendous changes during the last decade owing to demographic changes, changes in the family structure…
Abstract
The US restaurant industry and the food‐service industry have undergone tremendous changes during the last decade owing to demographic changes, changes in the family structure, the increase in the number of working women and senior citizens, advances in technology (inventory management, customer order processing, accounting/financial systems, etc.), availability of financing, changes in the real estate industry (location, negotiation with malls, relationships with developers, etc.), intense competition, the growth in the types and number of marketing channels (including the Internet), increasing number of drive‐through customers, employee training requirements, changes in labor laws, the rate of implementation of technology, changes in food sourcing/purchasing, the growth of the franchising business model, and increasing regulation. These factors have combined to shape the strategic, legal, economic and operational considerations that executives and decision makers should thoroughly understand. This article discusses the issues and challenges facing one company in these two industries and how management and banks have reacted, and then explains strategies for the future. Also discussed are relevant considerations for financial sponsors and companies. Most data and analysis are as of April 2000.
Details
Keywords