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1 – 10 of 360Gongli Luo, Junying Hao and He Ma
Triggered by the extensive use of social media brand communities (SMBCs) in interactive marketing, this article aims to explore how brand connectedness (BC) affects consumer…
Abstract
Purpose
Triggered by the extensive use of social media brand communities (SMBCs) in interactive marketing, this article aims to explore how brand connectedness (BC) affects consumer engagement behavior (CEB) in SMBCs.
Design/methodology/approach
The research model was verified with the partial least squares structural equation modeling applied to the actual data collected from the web crawling largest microblogging platform in China (Sina Weibo).
Findings
Results indicate that BC may positively influence consumer emotions (CEs), eventually leading to engagement behavior in SMBCs. In addition, gender and duration of membership act as vital moderators in the model. One of the most interesting findings is the differences between posting and commenting, although both are CEBs. BC has a more significant effect on commenting than posting, and the mediating effect of CEs between BC and posting behavior is not significant.
Originality
This research contributes to the literature on interactive marketing by examining BC in the context of SMBCs, which is under-researched in the literature but is highly pertinent to social media contexts. Moreover, we measure BC through social network analysis for the first time, which not only supports the empirical work but also expands the social network theory and social capital theory. This research also extends the body of knowledge on consumer engagement by investigating the differences between posting and commenting behaviors.
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Tiantian Gu, Enyang Hao and Lei Zhang
Smart community construction (SCC) and efficiency require resident participation. This paper aims to explore the determinants of residents’ participation intention (RPI) in the…
Abstract
Purpose
Smart community construction (SCC) and efficiency require resident participation. This paper aims to explore the determinants of residents’ participation intention (RPI) in the SCC.
Design/methodology/approach
Based on the theory of planned behavior (TPB), this study proposed an extended conceptual model to deeply analyze the RPI in the SCC. The relationship between all constructs was verified by processing and analyzing online survey data using confirmatory factor analysis (CFA), structural equation model (SEM), and bootstrapping method.
Findings
Participation attitude, perceived behavioral control, subjective norm, and perceived usefulness significantly and positively affected the RPI. Furthermore, intermediary effects in the extended conceptual model had been confirmed.
Originality/value
To fill the critical gap in the research on the determinants of the RPI in the SCC context, this study developed a novel conceptual model by extending the TPB to analyze the effects of self-driven and externally-driven factors on the RPI from the perspectives of residents’ psychology and external environment. The findings not only clarify the complex process of forming the RPI in the SCC but also provide a theoretical foundation for studying the RPI in similar community construction projects. Additionally, several strategies have been proposed to encourage residents’ participation in the SCC and promote the development of smart communities, such as clarifying residents’ participation obligations, improving the convenience services of smart communities, and diversifying residents’ participation approaches.
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Zaifeng Wang, Tiancai Xing and Xiao Wang
We aim to clarify the effect of economic uncertainty on Chinese stock market fluctuations. We extend the understanding of the asymmetric connectedness between economic uncertainty…
Abstract
Purpose
We aim to clarify the effect of economic uncertainty on Chinese stock market fluctuations. We extend the understanding of the asymmetric connectedness between economic uncertainty and stock market risk and provide different characteristics of spillovers from economic uncertainty to both upside and downside risk. Furthermore, we aim to provide the different impact patterns of stock market volatility following several exogenous shocks.
Design/methodology/approach
We construct a Chinese economic uncertainty index using a Factor-Augmented Variable Auto-Regressive Stochastic Volatility (FAVAR-SV) model for high-dimensional data. We then examine the asymmetric impact of realized volatility and economic uncertainty on the long-term volatility components of the stock market through the asymmetric Generalized Autoregressive Conditional Heteroskedasticity-Mixed Data Sampling (GARCH-MIDAS) model.
Findings
Negative news, including negative return-related volatility and higher economic uncertainty, has a greater impact on the long-term volatility components than positive news. During the financial crisis of 2008, economic uncertainty and realized volatility had a significant impact on long-term volatility components but did not constitute long-term volatility components during the 2015 A-share stock market crash and the 2020 COVID-19 pandemic. The two-factor asymmetric GARCH-MIDAS model outperformed the other two models in terms of explanatory power, fitting ability and out-of-sample forecasting ability for the long-term volatility component.
Research limitations/implications
Many GARCH series models can also combine the GARCH series model with the MIDAS method, including but not limited to Exponential GARCH (EGARCH) and Threshold GARCH (TGARCH). These diverse models may exhibit distinct reactions to economic uncertainty. Consequently, further research should be undertaken to juxtapose alternative models for assessing the stock market response.
Practical implications
Our conclusions have important implications for stakeholders, including policymakers, market regulators and investors, to promote market stability. Understanding the asymmetric shock arising from economic uncertainty on volatility enables market participants to assess the potential repercussions of negative news, engage in timely and effective volatility prediction, implement risk management strategies and offer a reference for financial regulators to preemptively address and mitigate systemic financial risks.
Social implications
First, in the face of domestic and international uncertainties and challenges, policymakers must increase communication with the market and improve policy transparency to effectively guide market expectations. Second, stock market authorities should improve the basic regulatory system of the capital market and optimize investor structure. Third, investors should gradually shift to long-term value investment concepts and jointly promote market stability.
Originality/value
This study offers a novel perspective on incorporating a Chinese economic uncertainty index constructed by a high-dimensional FAVAR-SV model into the asymmetric GARCH-MIDAS model.
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Paritosh Pramanik, Rabin K. Jana and Indranil Ghosh
New business density (NBD) is the ratio of the number of newly registered liability corporations to the working-age population per year. NBD is critical to assessing a country's…
Abstract
Purpose
New business density (NBD) is the ratio of the number of newly registered liability corporations to the working-age population per year. NBD is critical to assessing a country's business environment. The present work endeavors to discover and gauge the contribution of 28 potential socio-economic enablers of NBD for 2006–2021 across developed and developing economies separately and to make a comparative assessment between those two regions.
Design/methodology/approach
Using World Bank data, the study first performs exploratory data analysis (EDA). Then, it deploys a deep learning (DL)-based regression framework by utilizing a deep neural network (DNN) to perform predictive modeling of NBD for developed and developing nations. Subsequently, we use two explainable artificial intelligence (XAI) techniques, Shapley values and a partial dependence plot, to unveil the influence patterns of chosen enablers. Finally, the results from the DL method are validated with the explainable boosting machine (EBM) method.
Findings
This research analyzes the role of 28 potential socio-economic enablers of NBD in developed and developing countries. This research finds that the NBD in developed countries is predominantly governed by the contribution of manufacturing and service sectors to GDP. In contrast, the propensity for research and development and ease of doing business control the NBD of developing nations. The research findings also indicate four common enablers – business disclosure, ease of doing business, employment in industry and startup procedures for developed and developing countries.
Practical implications
NBD is directly linked to any nation's economic affairs. Therefore, assessing the NBD enablers is of paramount significance for channelizing capital for new business formation. It will guide investment firms and entrepreneurs in discovering the factors that significantly impact the NBD dynamics across different regions of the globe. Entrepreneurs fraught with inevitable market uncertainties while developing a new idea into a successful new business can momentously benefit from the awareness of crucial NBD enablers, which can serve as a basis for business risk assessment.
Originality/value
DL-based regression framework simultaneously caters to successful predictive modeling and model explanation for practical insights about NBD at the global level. It overcomes the limitations in the present literature that assume the NBD is country- and industry-specific, and factors of the NBD cannot be generalized globally. With DL-based regression and XAI methods, we prove our research hypothesis that NBD can be effectively assessed and compared with the help of global macro-level indicators. This research justifies the robustness of the findings by using the socio-economic data from the renowned data repository of the World Bank and by implementing the DL modeling with validation through the EBM method.
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Vikas Swarnakar and Malik Khalfan
This study aims to present state-of-the-art research on circular economy (CE) implementation in construction and demolition waste management (CDWM) within the construction sector.
Abstract
Purpose
This study aims to present state-of-the-art research on circular economy (CE) implementation in construction and demolition waste management (CDWM) within the construction sector.
Design/methodology/approach
A mixed-method (scientometric and critical analysis) review strategy was adopted, involving scientometric and critical analysis to uncover the evolutionary progress within the research area, investigate key research themes in the field, and explore ten issues of CE in CDWM. Moreover, avenues for future research are provided for researchers, practitioners, decision-makers, and planners to bring innovative and new knowledge to this field.
Findings
A total of 212 articles were analyzed, and scientometric analysis was performed. The critical analysis findings reveal extensive use of surveys, interviews, case studies, or mixed-method approaches as study methodologies. Furthermore, there is limited focus on the application of modern technologies, modeling approaches, decision support systems, and monitoring and traceability tools of CE in the CDWM field. Additionally, no structured framework to implement CE in CDWM areas has been found, as existing frameworks are based on traditional linear models. Moreover, none of the studies discuss readiness factors, knowledge management systems, performance measurement systems, and life cycle assessment indicators.
Practical implications
The outcomes of this study can be utilized by construction and demolition sector managers, researchers, practitioners, decision-makers, and policymakers to comprehend the state-of-the-art, explore current research topics, and gain detailed insights into future research areas. Additionally, the study offers suggestions on addressing these areas effectively.
Originality/value
This study employs a universal approach to provide the current research progress and holistic knowledge about various important issues of CE in CDWM, offering opportunities for future research directions in the area.
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Janappriya Jayawardana, Malindu Sandanayake, Supun Jayasinghe, Asela Kulatunga and Guomin Zhang
The present study aims to identify significant barriers to adopting prefabricated construction (PFC) in developing economies using a study in Sri Lanka and develop an integrated…
Abstract
Purpose
The present study aims to identify significant barriers to adopting prefabricated construction (PFC) in developing economies using a study in Sri Lanka and develop an integrated strategy framework to mitigate and overcome the obstacles.
Design/methodology/approach
The research process included a comprehensive literature review, a pilot study, a questionnaire survey for data collection, statistical analysis and a qualitative content analysis.
Findings
Ranking method revealed that all 23 barriers were significant. Top significant barriers include challenges in prefabricated component transportation, high capital investment costs and lack of awareness of the benefits of PFC among owners/developers. Factor analysis clustered six barrier categories (BCs) that fit the barrier factors, explaining 71.22% of the cumulative variance. Fuzzy synthetic evaluation revealed that all BCs significantly influence PFC adoption in Sri Lanka. Finally, the proposed mitigation strategies were mapped with barriers to complete the integrated framework.
Practical implications
The study outcomes are relevant to construction industry stakeholders of Sri Lanka, who are keen to enhance construction efficiencies. The implications can also benefit construction industry stakeholders and policymakers to formulate policies and regulations and identify mitigation solutions.
Originality/value
The study provides deeper insights into the challenges to adopting prefabrication in South Asian countries such as Sri Lanka. Furthermore, the integrated framework is a novel contribution that can be used to derive actions to mitigate barriers in developing economies.
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Pradeep Kumar Tarei, Rajan Kumar Gangadhari and Kapil Gumte
The purpose of this research is to identify and analyse the perceived risk factors affecting the safety of electric two-wheeler (E2W) riders in urban areas. Given the exponential…
Abstract
Purpose
The purpose of this research is to identify and analyse the perceived risk factors affecting the safety of electric two-wheeler (E2W) riders in urban areas. Given the exponential growth of the global E2W market and the notable challenges offered by E2W vehicles as compared to electric cars, the study aims to propose a managerial framework, to increase the penetration of E2W in the emerging market, as a reliable, and sustainable mobility alternative.
Design/methodology/approach
The perceived risk factors of riding E2Ws are relatively scanty, especially in the context of emerging economies. A mixed-method research design is adopted to achieve the research objectives. Four expert groups are interviewed to identify crucial safety risk E2W factors. The grey-Delphi technique is used to confirm the applicability of the extracted risk factors in the Indian context. Next, the Grey-Decision-Making Trial and Evaluation Laboratory (DEMATEL) technique is employed to reveal the causal-prominence relationship among the perceived risk factors. The dominance and prominence scores are used to perform Cause and Effect analysis and estimate the triggering risk factors.
Findings
The finding of the study suggests that reckless adventurism, adverse road conditions, individual characteristics and distraction caused by using mobile phones, as the topmost triggering risk factors that impact the safety of E2Ws drivers. Similarly, reliability on battery performance low velocity and heavy traffic conditions are found to be some of the critical safety factors.
Practical implications
E2Ws are anticipated to represent the future of sustainable mobility in emerging nations. While they provide convenient and quick transportation for daily urban commutes, certain risk factors are contributing to increased accident rates. This research analyses these risk factors to offer a comprehensive view of driver and rider safety. Unlike conventional measures, it considers subjective quality and reliability parameters, such as battery performance and reckless adventurism. Identifying the most significant causal risk factors helps policymakers focus on the most prominent issues, thereby enhancing the adoption of E2Ws in emerging markets.
Originality/value
We have proposed an integrated framework that uses grey theory with Delphi and DEMATEL to analyse the safety risk factors of driving E2W vehicles considering the uncertainty. In addition, the amalgamation of Delphi and DEMATEL helps not only to identify the pertinent safety risk factors, but also bifurcate them into cause-and-effect groups considering the mutual relationship between them. The framework will enable practitioners and policymakers to design preventive strategies to minimize risk and boost the penetration of E2Ws in an emerging country, like India.
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Yan Zhou and Chuanxu Wang
Disruptions at ports may destroy the planned ship schedules profoundly, which is an imperative operation problem that shipping companies need to overcome. This paper attempts to…
Abstract
Purpose
Disruptions at ports may destroy the planned ship schedules profoundly, which is an imperative operation problem that shipping companies need to overcome. This paper attempts to help shipping companies cope with port disruptions through recovery scheduling.
Design/methodology/approach
This paper studies the ship coping strategies for the port disruptions caused by severe weather. A novel mixed-integer nonlinear programming model is proposed to solve the ship schedule recovery problem (SSRP). A distributionally robust mean conditional value-at-risk (CVaR) optimization model was constructed to handle the SSRP with port disruption uncertainties, for which we derive tractable counterparts under the polyhedral ambiguity sets.
Findings
The results show that the size of ambiguity set, confidence level and risk-aversion parameter can significantly affect the optimal values, decision-makers should choose a reasonable parameter combination. Besides, sailing speed adjustment and handling rate adjustment are effective strategies in SSRP but may not be sufficient to recover the schedule; therefore, port skipping and swapping are necessary when multiple or longer disruptions occur at ports.
Originality/value
Since the port disruption is difficult to forecast, we attempt to take the uncertainties into account to achieve more meaningful results. To the best of our knowledge, there is barely a research study focusing on the uncertain port disruptions in the SSRP. Moreover, this is the first paper that applies distributionally robust optimization (DRO) to deal with uncertain port disruptions through the equivalent counterpart of DRO with polyhedral ambiguity set, in which a robust mean-CVaR optimization formulation is adopted as the objective function for a trade-off between the expected total costs and the risk.
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James Kroes, Anna Land, Andrew Steven Manikas and Felice Klein
This study investigates whether the underrepresentation of women in executive-level roles within the supply chain management (SCM) field is justified or the result of gender…
Abstract
Purpose
This study investigates whether the underrepresentation of women in executive-level roles within the supply chain management (SCM) field is justified or the result of gender injustices. The analysis examines if there is a gender compensation gap within executive-level SCM roles and whether performance differences or other observable factors explain disparities.
Design/methodology/approach
Publicly reported executive compensation and financial data are merged to empirically test if gender differences exist and investigate whether the underrepresentation of women in executive-level SCM roles is unjust.
Findings
Women occupy only 6.29% of the positions in the sample of 447 SCM executives. Unlike prior studies, we find that women executives receive higher compensation. The analysis does not identify observable factors explaining the limited inclusion of women in top-level roles, suggesting that gender injustices are prevalent in SCM.
Research limitations/implications
This study only considers observable factors and cannot conclusively determine if discrimination is occurring. The low level of inclusion of women in executive roles suggests that gender injustice is intrinsic within the SCM profession. These findings will hopefully motivate firms to undertake transformative actions that result in outcomes that advance gender equity, ultimately leading to social justice for female SCM executives.
Originality/value
The use of social justice and feminist theories, a focus on SCM roles, and an empirical methodology utilizing objective measures represents a novel approach to investigating gender discrimination in SCM organizations, complementing prior survey-based studies.
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Bahareh Babaie, Mohsen Najafi and Maryam Ataeefard
Toner is a crucial dry colorant composite used in printing based on the electrophotographic process. The quality of printed images is greatly influenced by the toner production…
Abstract
Purpose
Toner is a crucial dry colorant composite used in printing based on the electrophotographic process. The quality of printed images is greatly influenced by the toner production method and material formulation. Chemically in situ polymerization methods are currently preferred. This paper aims to optimize the characteristics of a composite produced through emulsion polymerization using common raw materials for electrophotographic toner production.
Design/methodology/approach
Emulsion polymerization provides the possibility to optimize the physical and color properties of the final products. Response surface methodology (RSM) was used to optimize variables affecting particle size (PS), PS distribution (PSD), glass transition temperature (Tg°C), color properties (ΔE) and monomer conversion. Box–Behnken experimental design with three levels of styrene and butyl acrylate monomer ratios, carbon black pigment and sodium dodecyl sulfate surfactant was used for RSM optimization. Additionally, thermogravimetric analysis and surface morphology of composite particles were examined.
Findings
The results indicated that colorants with small PS, narrow PSDs, spherical shape morphology, acceptable thermal and color properties and a high percentage of conversion could be easily prepared by optimization of material parameters in this method. The anticipated outcome of the present inquiry holds promise as a guiding beacon toward the realization of electrographic toner of superior quality and exceptional efficacy, a vital factor for streamlined mass production.
Originality/value
To the best of the authors’ knowledge, for the first time, material parameters were evaluated to determine their impact on the characteristics of emulsion polymerized toner composites.
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