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This paper investigates the associations among the Big 5 personality traits (neuroticism, conscientiousness, agreeableness, openness to experience and extroversion), nine prominent investment biases and the moderating role of financial literacy.

We used survey data from 475 individual investors in India based on various benchmarked scales in the literature and structural equation modeling to evaluate the desired relationship between the constructs.

Our evidence shows that the extroversion personality trait is the most vulnerable to behavioral biases, and overconfidence bias affects individual Indian investors the most. Financial literacy is positively associated with two biases (risk aversion and representativeness bias) and moderates the relationship between two personality traits (extroversion and agreeableness) and risk aversion.

Our study has limitations. First, it does not examine financial literacy in detail. Therefore, researchers should examine financial literacy within larger frameworks than those used in our study. Second, we confined our analysis to the Big 5 personality traits and nine behavioral biases. Our selection of biases to include in the study involved some subjectivity. Third, we limited our analysis to Indian investors. Researchers should replicate our study to see if its findings are generalizable in other countries with differing characteristics. Our findings call for a more careful examination of the circumstances behind which personality traits manifest in specific bias.

Investment advisors can help their clients make rational investment decisions by guiding them to deal with their investment biases.

Improving financial literacy could help investors avoid the pitfalls of behavioral biases and increase their performance in the stock market.

This study is the first to provide a comprehensive framework that examines the relationship between personality traits and investor biases and the moderating role of financially literate investors.

This study introduces influential-female-directors as a board-gender-diversity variable that captures not only the female representation on the board but also their position on the informal-boardroom-hierarchy. Further, this study investigates whether such directors have a significant influence on the dividend-payout-decisions of leading firms in an emerging economy, India, where concentrated ownership is prevalent and explores the moderation effect they exert on dividend–ownership relationship.

This study uses generalized methods of moments (GMM) to tackle the issues put forth by the sample of 450 firm-year observations.

This study finds that influential-female-directors have a significant influence on the dividend-payout-decisions of the firm. Additionally, the presence of female directors in the audit-committee makes the board more vigilant and encourages foreign institutional investors to expect more dividends. Furthermore, domestic institutional investors expect a return on their investments through share price appreciation rather than dividends, and the influence of promoters in dividend-payout-decisions is reduced in the presence of such directors.

This study pioneers the use of influential-female-directors as a board-gender-diversity metric and carries an in-depth analysis of the influence and moderation effect they exert on the dividend-payout-decisions of the board and the dividend expectations of different institutional investors, respectively.

The purpose of this study is to provide a comprehensive overview of sustainable fashion consumption from a consumer behavior perspective, combining scientometric analysis and the SPAR-4-SLR protocol to identify trends, key contributors and research gaps in the field.

The study analyzes 114 articles published between 2014 and 2024, sourced from the Scopus database. A hybrid approach is used, employing VOSviewer and Rstudio for quantitative analysis, along with the theory-context-characteristics-methodology framework to systematically review constructs, theories, contexts and methodologies in the selected articles.

The findings highlight critical insights into consumer behavior regarding sustainable fashion and identify gaps in the literature. The study also provides performance indicators, including publication trends and citation metrics, visualized through tables and maps. It offers practical guidance for businesses and policymakers to promote sustainable consumption practices.

This research contributes to the field by integrating scientometric and systematic review methods, providing a novel approach to understanding sustainable fashion consumption. It also suggests future research directions and explores how benchmarking techniques can enhance consumer engagement and sustainability strategies.

This paper investigates the impact of various leadership styles on the professionalization and subsequent performance of family businesses.

Using a survey method and employing a partial least squares approach to structural equation modeling, we tested our model and analyzed the collected data based on the responses of 216 managers in Iran.

Our research demonstrates that professionalization mediates the relationship between leadership style and performance. Moreover, our findings show that the participative leadership style is the most effective option for family businesses seeking to achieve professionalization and improve performance.

First, the sample used in this study was drawn from a single country, namely Iran. Second, although we adhered to established practices for measuring financial performance, future research could explore alternative dimensions of performance, including non-financial goals. Third, we did not investigate the impact of different leadership styles on each dimension of professionalization.

These findings provide valuable insights for family business managers seeking to adopt a suitable leadership style to achieve professional management and realize favorable outcomes.

Our study suggests that examining the potential impact of leadership styles on professionalization can provide clarity amidst mixed findings regarding the influence of professionalization on firm performance. Additionally, we challenge the oversimplified categorization of professionalization and argue for a multifaceted view, contending that professionalization comprises various dimensions acting concurrently and potentially mediates the effect of leadership styles on family business performance.

This study aims to systematically review the literature on how various factors influence investor sentiment and affect financial markets. This study also sought to present an overview of explored contexts and research foci, identifying gaps in the literature and setting an agenda for future research.

The systematic literature investigation yielded 555 journal articles, with few other exceptional inclusions. The data have been extracted from the two databases, i.e. Scopus and Web of Science. For bibliometric analysis, VOSviewer and Biblioshiny by R have been used. The period of investigation is from 1985 to July 2023.

This systematic literature review helped us identify factors influencing investor sentiment and financial markets. This study has broadly classified these factors into two categories: rational and irrational. Rational factors include – economics and monetary policy, exchange rate, interest rates, inflation, government mandatory regulations, earning announcements, stock-split, dividend decisions, audit quality, environmental, social and governance aspects and ratings. Irrational factors include – behavioural and psychological factors, social media and online talk, news and entertainment, geopolitical and war events, calendar anomalies, environmental, natural disasters, religious events and festivals, irrationality caused due to government/supervisory body regulations, and corporate events. Using these factors, this study has developed an investor sentiment model. In addition, this review identified research trends, methodology, data and techniques used by researchers.

This review comprehensively explains how various factors affect investor sentiment and the stock market using the investor sentiment model. It further proposes an extensive future research agenda. This study has implications for stock market participants.

Fashion retailers have increasingly adopted consumer-facing in-store technology (CFIT) to enhance the customer experience/service provision. This paper aims to explore managerial experiences and sociotechnical implications of introducing these technologies into organizational working processes.

This study draws on interpretive analysis of semi-structured interviews with 74 senior fashion retail industry practitioners, technology providers and consultants to understand managerial perspectives on technological innovation issues.

Endogenous and exogenous factors act as drivers or barriers to CFIT adoption and are influenced by strategic and tactical motives. Key issues that retail managers encounter include challenges in aligning technology implementation with retailer brand image to manage risk and reputation, with additional complexity arising from different internal and/or external actors involved, as well as required levels of change in organizational structure.

This study contributes an empirically derived framework identifying reasons for – and the drivers/barriers influencing – fashion retailers' CFIT adoption, classifying three broad approaches to CFIT adoption: embedded, transformative and opportunistic.

This study aims to assess National Health Service (NHS) decision-making protocols during the pandemic, with two primary objectives: (1) to establish whether decision-making protocols changed during the pandemic and (2) to evaluate if these changes could inform future decision-making strategies beyond the pandemic. By focusing on the shift from traditional to emergency decision-making processes, this research seeks to derive actionable insights for enhancing policy and practice in crisis conditions.

We employ a mixed-methods approach, gathering data through an online survey targeted at senior NHS decision-makers involved in the pandemic response. Our survey collected quantitative and qualitative data to assess changes in decision-making protocols. The analysis included statistical techniques to quantify changes and thematic analysis to explore their implications, providing a detailed understanding of decision-making adaptations during the crisis and their potential future impact.

Our findings clarify the role of the NHS values and constitution, which prioritize patient welfare, dignity and equitable access to healthcare, guiding all decision-making. During the pandemic, the urgency to respond swiftly necessitated modifications to these guiding principles. Traditional processes were adapted, allowing for more rapid decision-making while still aligning with the core values, effectively balancing immediate response needs with long-term healthcare commitments.

Our research contributes to decision-making under crisis conditions within a healthcare context and brings together a theoretical background which has accommodated the development of models and approaches that can be utilized by both service and manufacturing organizations. In addition, we have sought to bring together the importance of decision-making protocols under crisis conditions using observations from respondents who experienced decision-making at a senior level prior, during and beyond the period of the COVID-19 pandemic, which has assisted in the models developed in this paper. In addition, our empirical research demonstrates the importance that the values of the organization have upon decision-making and how such values need to be adjusted in the light of crisis operations.

Our research provides insightful observations relating to the pressures upon decision-making protocols under crisis conditions and provides senior decision-makers with an approach to realigning values to cope with unusual and highly pressurized operating environments. Notably, there is a clear requirement for decision-makers to communicate clearly to staff the need to temporarily alter the modus operandi to reflect crisis operations.

To the best of the authors’ knowledge, this is the first study to explore decision-making in the NHS during a pandemic and to clearly demonstrate how such decision-making needs to be adapted to reflect the nature and scope of delivering a complex healthcare service under crisis conditions.

This paper aims to examine the trends identified in inquests conducted in the Coronial system in England and Wales for individuals formally diagnosed with autism spectrum disorder (ASD), where the death occurred within a health or social care setting.

It uses data from 42 reports to prevent future deaths (PFDs) issued by Coroners to establish where and in what contexts each death occurred. PFDs are sent to organisations that Coroners believe could act to PFDs.

The research identified four key findings. Firstly, 33% of the deaths identified were not recorded as suicides, marking a clear departure from the extant literature on this issue. Secondly, data highlighted a lack of training and education of staff to understand the complexity of autism. Thirdly, this lack of understanding was often compounded by a lack of specialist provision for people with ASD. Fourthly, Coroners attributed a number of deaths to an individual’s autism, which served to some extent to mask the failures of the agencies involved in the care of the decedent.

There is limited research available about the preventable deaths of individuals with ASD in health and social care settings. This paper makes an initial step in highlighting significant structural failures that can lead to preventable deaths.

This chapter frames a discussion on higher education values and their implementation globally, covering North America, Asia, Europe, and Africa. The authors present data on core values through case studies to illustrate their application and interrelation in higher education institutions (HEIs). Data were collected from official HEI websites, including plans, resources, programs, projects, and reports. Using a multi-case qualitative study with direct content analysis, the researchers examined HEIs' core values, mission, and vision statements to assess their strategic decisions' effectiveness. Findings reveal that HEIs actively align their vision, mission, and core values with international frameworks, based on the UNESCO six principles for HEIs that integrate inclusion, academic freedom, inquiry and critical thinking, ethics, sustainability and social responsibility, and excellence through cooperation promoted by UNESCO (2022). An important finding in this study shows that HEIs are forces for moving HEI agendas from a traditional focus to a globalization and modernization perspective. The impact of this study provides insights to guide future researchers, educators, and policymakers in formulating effective policies that reinvent HEIs aligned with UNESCO's vision. Findings during the manifest stage and latent stage found that each HEI interpreted how the UNESCO core values connect to a specific HEI environment. These case studies are meant to give information to readers for understanding core values in different HEI systems and to gain an understanding of the similarities and differences in the application of these core values when considering globalization and modernization.

Focusing on the Brazilian equity mutual fund industry, this study analyzes whether including the investor sentiment index in asset pricing models is important for explaining fund alpha.

The investor sentiment index and risk factors in the Fama and French (1993) and Carhart (1997) models were estimated, the risk-adjusted performance of a sample of equity mutual funds in Brazil was evaluated, and a United States (US) sample was included for a complementary perspective. The sample period spans 2010–2019 for Brazil and 2010–2018 for the US.

The results contrasted with those evidenced in the US, where the sentiment index was an important factor in explaining the probability of alpha occurrence, especially in the case of winner funds, defined as those exhibiting a positive and statistically significant alpha at the 5% level. Overall, the findings suggest that, in the Brazilian market, pricing models incorporating investor sentiment as an additional factor fail to adequately capture the outperformance probability of equity mutual funds. These results suggest that the factors influencing fund performance may differ between the two countries and highlight the relevance of developing more suitable investor sentiment indicators for emerging markets.

This study examines the impact of the sentiment index on the performance of equity mutual funds in Brazil, specifically its influence on alpha generation.