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The purpose of this paper is to empirically analyze the effects of managerial overconfidence on debt maturity structure decisions in terms of liquidity risk and asset match in Chinese listed companies.

Combining data from CSMAR with some default data collected by hand, this paper selects age, tenure, education, education background and whether the board chair and CEO positions are consolidated in Chinese listed companies as proxies of managerial overconfidence. Thus, the authors acquired needed and credible empirical data.

It was found that, the younger the CEO, the shorter the tenure, the lower the education, having economics or management education and being chairman concurrently, CEOs have stronger managerial overconfidence. Thus, corporate debt maturity structure is more weakly correlated with debt ratio and asset structure.

The findings in this study suggest that managerial irrationality, especially overconfidence, does have an effect on the financing decisions of firms.

This is the first paper to analyze the effects of managerial overconfidence on debt maturity structure decisions in terms of liquidity risk and asset match. The findings inspire firm risk management policies from managerial overconfidence.

The contact behaviors of droplets on confined surfaces influence significantly their dynamics and morphological transition induced by the electric field. This paper aims to delve into the electric stress, electric field distribution, flow field and evolution of droplet neck to understand the underlying mechanisms.

Electrohydrodynamics of droplets in confined environment is numerically analyzed based on finite volume method (FVM) combining with volume-of-fluid (VOF) method for two-phase interface capturing. Numerical solutions are obtained through solving electrohydrodynamics model coupling fluid dynamics with electrostatics.

It was found that the droplet neck with high interfacial curvature undergoes different transition depending on the contact angle. At large domain height, the droplets on the surfaces with the contact angle of θ < 90° tend to break up into smaller droplets adhered on top and bottom surfaces. The detachment of droplets is identified when the contact angle is much greater than 90°. Notably, the droplets at θ = 90° exhibit asymmetrical shape evolution, but for other cases there is symmetrical shape of droplets during transition process. With decreasing the domain height, no obvious deformation through driving the contraction of the droplet neck is observed.

It remains unclear how the electric field parallel to the surfaces affects the shape transition and electrohydrodynamics of confined droplets when changing the contact angle. In this paper, the authors study the electrohydrodynamics of droplets in confined space when the electric field is exerted parallel to contact surfaces. In particular, the authors consider the effect of the surface wettability on the droplet deformation. The problem is solved through FVM combining with the VOF method to implement the capturing of two-phase interfaces. The results indicate that the electrohydrodynamic behaviors of droplets are sensitive to the contact properties of droplets on the surfaces, which has not been reported in previous works.

Established on the detailed exploration of Chinese ancient management philosophies (CAMPs), the purpose of this paper is to extract enlightenments from CAMPs to see whether there exist some similarities between CAMPs and contemporary human resources management thoughts (CHRMTs) and pinpoint CAMPs' implications on human resource management practices nowadays.

Inspired by Lao Tzu's “When we can lay hold of the Dao of old to direct the things of the present day, and are able to know it as it was of old in the beginning, this is called (unwinding) the clue of Dao”, the paper explores, categorizes and integrates wisdom stemmed from CAMPs to evaluate whether there exist some commonly accepted arguments between CAMPs and CHRMTs.

CAMPs which have been passed on by generations for the past 2,500 years in China provide firm ground for human resources management thoughts and practices development; CAMPs' emphasis on people's well cultured morality and highly developed virtues has kindled a light to illuminate human resources management practices, not only in the past but also in the future. CHRMTs' principles concerning “people‐centered strategies”, employee recruitment and selection strategies, employee training and education strategies, staffing as well as employee retention strategies, can all trace their sources from CAMPs.

The research on CAMPs is not only significant to complement and extend CHRMTs but also useful to direct current human resource management practices.

One of the intensively developed in recent years new materials are hybrid textiles modified with carbon nanotubes (CNT). In this paper, CNTs was modified by grafting dimethyl phosphite and perfluorohexyl iodine. It was applied to the cotton to obtain the flame-retardant, water-repellent, ultraviolet-resistant and conductive multifunctional fabric.

The modified CNTs were loaded onto cotton fabric by impregnation and drying. The CNTs-multi was synthesized by grafted dimethyl phosphite and perfluorohexyl chain and applied to the cotton by dipping-drying method. The surface chemistry of functionalized CNTs was characterized by Fourier transform infrared spectroscopy and X-ray photoelectron spectroscopy (XPS). The combustion properties were evaluated using a microscale combustion calorimeter, match test and TGA analysis. Surface hydrophilicity and hydrophobicity of fabric surface was characterized by static contact angle, and the UV resistance of the fabric was represented by the UPF value.

Dimethyl phosphite and perfluorohexyl chain were grafted on the surface of CNTs successively. The quantity of each component on the surface of CNTs was calculated according to XPS results. According to miniature combustion calorimeter data, both the value of maximum heat release rate (PHRR) and total heat release (THR) of CNTs -multi/cotton was about 65% lower than that of untreated cotton fabric. The residue after combustion of CNTs -multi/ cotton in the match test was more compact. The electrical conductivity of multi/ cotton is 225.6 kΩ/□, which is better than that of untreated cotton fabric. The UPF value of CNTs-multi/cotton reached 121, which was indicated that the anti-ultraviolet performance of CNTs-multi was greatly improved.

Modifying method to increase the functional component amuount on the CNTs surface still need to be explored, which could increase the hydrophobicity. How to further improve the functional effect and the general synthetic steps will be of great significance to the preparation of multifunctional modified cotton fabric.

This modifying method can be used in any of multifunctional textile preparation process. The UV-resistant and flame retardant cotton fabric was revealed as a sample for use in outdoor sports such as clothes and tents.

To meet the needs of multifunctional cotton fabric, the modification of CNTs with dimethyl phosphite and perfluorohexyl iodine has not been reported. The modified fabric has flame-retardant, UV-resistant conductive and conductive properties.

Loyalty of customers is an essential factor influencing the development of geographical indication products industry. The purpose of this paper is to construct a model to detect factors influencing customers’ loyalty on geographical indication products. With analysing four teas, i.e., Lu’an Gua Pian, Huoshan Huangya, Huangshan tribute chrysanthemum and Yuexi Cuilan, this paper measures the factors strengthening consumers’ loyalty and examines how much impact these factors have.

This paper is characterised as an exploratory research using the grey incidence analysis model and data are obtained by questionnaire survey.

In general, result of the analysis indicates that customer’s attitude towards its producing areas, perceived quality and cognition of the protection of geographical indications are the important factors that influence their loyalty towards geographical indication products. Detailed rank of their power that goes from highest to lowest is: customer’s attitude towards its producing areas, perceived quality and cognition of the protection of geographical indications. It also shows that the method of grey incidence analysis is adaptable to evaluate factors affecting consumers’ loyalty, which can make the result more persuasive and objective.

The authors construct a model from three aspects: customer’s attitude towards the producing areas of geographical indication products, the perceived quality and cognition of the protection of geographical indications. On the basis of this model, the authors analyse the factors which influence customer’s loyalty with grey incidence analysis.

The purpose of this study is to examine how robotic anthropomorphism and personalized design may affect consumers' reactions to brands after service failure.

This study conducted two studies based on cognitive appraisal theory and artificial intelligence device acceptance theory. Study 1 explored the mechanisms by which the type of anthropomorphic design of the service robot (humanoid robot/nonhumanoid robot) influenced revisit intention after service failure through a one-factor between-subjects design based on a restaurant dining scenario. Study 2 was based on a hotel check-in scenario and explored the moderating effect of robot personalization design on the above mechanisms through a 2 (anthropomorphic design: humanoid robot/nonhumanoid robot) × 2 (personalized design: self-name/no name) between-subjects design.

Study 1 shows that consumers have higher performance expectations for nonhumanoid robots, leading to a higher tolerance for service failure, which in turn generates higher revisit intentions. Study 2 shows that consumers' performance expectations are significantly enhanced after custom naming of humanoid robots, so the serial mediation mechanism for the effect of robot anthropomorphic design on revisit intention does not hold.

This study extends the research of artificial intelligence device acceptance theory in the field of service failure and exploratively proposes an intervention mechanism for the negative effects of the anthropomorphic design of service robots.

Although research on entrepreneurial intentions has outlined the role of family instrumental support, little is known about the impact of family affective support. Building on social career cognitive theory, the purpose of this paper is to investigate entrepreneurial self-efficacy (ESE) as a mediator and work–home segmentation preferences as a moderator in the relationship between affective family–work enrichment and individuals' entrepreneurial intentions.

Using a sample of 202 business-oriented individuals enrolled in a Master of Business Administration (MBA) program at a large university in the east of China, this study tests the proposed theoretical framework by analyzing the first-stage moderated mediation model.

Affective family–work enrichment is positively related to entrepreneurial intentions through the mediating effect of ESE. This relationship is significantly stronger for individuals with lower levels of work–home segmentation preferences.

This study determines the relationship between family–work enrichment and entrepreneurial intentions, and enriches antecedents of entrepreneurial intentions from the perspective of family affective support. Moreover, our study provides novel understanding on the influence mechanisms of family–work enrichment on entrepreneurial intentions by exploring the mediating effect of ESE and the moderating effect of work–home segmentation preferences, which has rarely been explored in the extant literature.

With the increasing use of robots in service scenarios in hospitality industries, service failure frequently occurs during the service process, and consumers may react differently toward humanoid vs. nonhumanoid robots due to different performance expectancies. This study focuses on consumers' reactions to service failures by humanoid vs. nonhumanoid robots and the different impacts on brand forgiveness and revisit intentions through performance expectancy for different genders.

The study used a sample of 280 participants to test the moderated chain mediation model. The participants were instructed to report their performance expectancies for humanoid/nonhumanoid robots and imagine a hotel check-in scenario in which a service failure occurs. Brand forgiveness, brand revisit intention and other demographic information were assessed.

The results show that consumers have higher performance expectancy for nonhumanoid robots. This performance expectancy generates brand forgiveness and revisit intentions for male consumers but does not affect female consumers' forgiveness and revisit behaviors.

This study contributes to the literature by taking a long-term perspective to investigate the outcomes after service failure, providing evidence for pending questions in previous studies and enriching studies of gender differences. Additionally, this study provides practical implications to consider the use of anthropomorphism in robots, advocate for functional confidence in robots and target consumers across genders.

This study established and examined a moderated mediation model connecting family motivation with proactive career behavior (PCB). Drawing on social cognitive career theory model of career self-management and person-environment fit theory, the authors posit that the influence of family motivation on PCB is mediated by career goal setting (CGS) and moderated by career support climate (CSC).

Using multilevel modeling techniques, data were collected from 98 leaders and 416 employees at two-time points.

Results show that family motivation has a positive direct and indirect effect on PCB through CGS. Additionally, CSC strengthens the positive effect of family motivation on PCB through CGS.

For employees, proactive career management and the establishment of clear career goals are vital for fulfilling family responsibilities. Simultaneously, for managers and organizations, creating a supportive work environment is crucial to encourage employees in career management.

While existing research highlights the detrimental effect of fulfilling family caregiving responsibilities on employees' career development, the comprehension of this relationship remains limited. Taking a family motivation perspective, this study explores the mechanisms through which family motivation stimulates employees to engage in PCB, with a specific focus on the moderating influence of CSC. The findings offer fresh insights into the role of family motivation in career development, contributing significantly to the broader literature on the intersection of family and careers.