Search results
1 – 10 of 116Shruti Singh and Anindita Chakraborty
This study aims to investigate the antecedents of social interaction among Indian retail investors and fund managers to understand how these factors influence investment…
Abstract
Purpose
This study aims to investigate the antecedents of social interaction among Indian retail investors and fund managers to understand how these factors influence investment decisions. By identifying and examining these antecedents, the study aims to shed light on the social dynamics that shape investment behavior in the Indian financial market.
Design/methodology/approach
The researchers have mainly adopted an interpretive strategy for the present study. Qualitative data elicited through semistructured interviews with six retail investors and two fund managers were subjected to qualitative thematic analysis.
Findings
Our research found several factors that make Indian retail investors and fund managers connect and make financial decisions. Peers can improve a person’s investing performance through social facilitation, and discussing investment suggestions and lessons learned can affect a group’s investment behavior. Social norms also influenced investors’ financial decisions, demonstrating compliance. Investor closeness increased information sharing. Finally, the fear of missing out (FOMO), a psychological phenomenon where people fear missing out on rewarding experiences, encouraged social engagement as investors sought appealing prospects.
Research limitations/implications
The researchers interviewed eight carefully selected interviewees across the divide between retail investors and fund managers. Adopting other grouping criteria, conducting a focus group discussion with more respondents or adopting a mixed-methods approach may increase our understanding of the investment decision behaviors of Indian retail investors and fund managers.
Practical implications
The findings have far-reaching consequences, from deepening our knowledge of investors’ motivations and actions to directing individual savers, informing the development of financial literacy initiatives, influencing fund management practices and inspiring additional research in this study area.
Originality/value
This research, including retail investors and fund managers, significantly contributes to the literature on investment decisions and behavioral finance, particularly in the context of Indian investors and managers. This study’s unique perspective and comprehensive approach make it a valuable addition to the field, sparking interest and further exploration among academics, practitioners and investors alike.
Details
Keywords
Abstract
Purpose
This study aims to provide a series of drivers that prompt the blockchain technology (BT) adoption decisions in circular supply chain finance (SCF) and also assesses their degrees of influence and interrelationships, which leads to the construction of a theoretical model depicting the influence mechanism of BT adoption decisions in circular SCF.
Design/methodology/approach
This study mainly uses the technology-organization-environment (TOE) framework, which focuses on the aspects based on the nature of innovation, intra-organizational characteristics and extra environmental consideration, to identify the drivers of blockchain adoption in circular SCF context, while the significance and causality of the drivers are explained using interpreting structural models (ISMs) and the decision-making trial and evaluation laboratory (DEMATEL) method.
Findings
The findings of this study indicate that government policy and technological comparative advantage are the underlying reasons for BT adoption decisions, management commitment and financial expectations are the critical drivers of BT adoption decisions while other factors are the receivers of the mechanism.
Practical implications
This study provides theoretical references and empirical insights that influence the technology adoption decisions of both BT and circular SCF by practitioners.
Originality/value
The theoretical research contributes significantly to current research and knowledge in both BT and circular SCF fields, especially by extending the existing TOE model by combining relevant enablers from technological, organizational and external environmental aspects with the financial performance objectives of circular SCF services, which refer to the optimization of the financial resources flows and financing efficiency.
Details
Keywords
Shadrack Fred Mahenge and Ala Alsanabani
In the purpose of the section, the cracks that are in the construction domain may be common and usually fixed with the human inspection which is at the visible range, but for the…
Abstract
Purpose
In the purpose of the section, the cracks that are in the construction domain may be common and usually fixed with the human inspection which is at the visible range, but for the cracks which may exist at the distant place for the human eye in the same building but can be captured with the camera. If the crack size is quite big can be visible but few cracks will be present due to the flaws in the construction of walls which needs authentic information and confirmation about it for the successful completion of the wall cracks, as these cracks in the wall will result in the structure collapse.
Design/methodology/approach
In the modern era of digital image processing, it has captured the importance in all the domain of engineering and all the fields irrespective of the division of the engineering, hence, in this research study an attempt is made to deal with the wall cracks which are found or searched during the building inspection process, in the present context in association with the unique U-net architecture is used with convolutional neural network method.
Findings
In the construction domain, the cracks may be common and usually fixed with the human inspection which is at the visible range, but for the cracks which may exist at the distant place for the human eye in the same building but can be captured with the camera. If the crack size is quite big can be visible but few cracks will be present due to the flaws in the construction of walls which needs authentic information and confirmation about it for the successful completion of the wall cracks, as these cracks in the wall will result in the structure collapse. Hence, for the modeling of the proposed system, it is considered with the image database from the Mendeley portal for the analysis. With the experimental analysis, it is noted and observed that the proposed system was able to detect the wall cracks, search the flat surface by the result of no cracks found and it is successful in dealing with the two phases of operation, namely, classification and segmentation with the deep learning technique. In contrast to other conventional methodologies, the proposed methodology produces excellent performance results.
Originality/value
The originality of the paper is to find the portion of the cracks on the walls using deep learning architecture.
Details
Keywords
Jun Zhao, Zhenguo Lu and Guang Wang
This study aims to address the challenge of the real-time state of charge (SOC) estimation for lithium-ion batteries in robotic systems, which is critical for monitoring remaining…
Abstract
Purpose
This study aims to address the challenge of the real-time state of charge (SOC) estimation for lithium-ion batteries in robotic systems, which is critical for monitoring remaining battery power, planning task execution, conserving energy and extending battery lifespan.
Design/methodology/approach
The authors introduced an optimal observer based on adaptive dynamic programming for online SOC estimation, leveraging a second-order resistor–capacitor model for the battery. The model parameters were determined by fitting an exponential function to the voltage response from pulse current discharges, and the observer's effectiveness was verified through extensive experimentation.
Findings
The proposed optimal observer demonstrated significant improvements in SOC estimation accuracy, robustness and real-time performance, outperforming traditional methods by minimizing estimation errors and eliminating the need for iterative steps in the adaptive critic and actor updates.
Originality/value
This study contributes a novel approach to SOC estimation using an optimal observer that optimizes the observer design by minimizing estimation errors. This method enhances the robustness of SOC estimation against observation errors and uncertainties in battery behavior, representing a significant advancement in battery management technology for robotic applications.
Details
Keywords
Dingkang Peng and Chia-Hsing Huang
This paper aims to explore the hierarchy of motivations behind Chinese young wine consumers’ wine-purchasing behavior.
Abstract
Purpose
This paper aims to explore the hierarchy of motivations behind Chinese young wine consumers’ wine-purchasing behavior.
Design/methodology/approach
This study used a random and snowball sampling technique to collect data from Chinese young wine consumers. Ultimately, 840 participants were included, representing diverse geographic regions across China. The gathered data was analyzed to explore wine customer behavior using SPSS and AMOS.
Findings
The hierarchical structure of motivations guiding young consumers’ wine consumption becomes apparent when analyzed across ascending levels: from considerations of health benefits and emotional assessments to social interactions and status symbols. These factors wield significant influence over the purchase of wines among Chinese young wine consumers. Moreover, these consumption motivations notably impact consumption behavior by mediating through consumption intentions.
Originality/value
This study integrates the theory of planned behavior with Maslow’s hierarchy of needs, systematically identifying four primary motivations that hierarchically influence wine consumption among Chinese young wine consumers. It empirically validates the relationships between motivations, intentions and behaviors, underscoring intentions as a mediating factor linking motivations and behaviors.
Details
Keywords
Wenyi Cao, Lu Chen, Rong Tang, Xinyuan Zhao, Anna S. Mattila, Jun Liu and Yan Qin
Based on affective events theory, this research attempted to investigate how negative gossip about organizational change drives employees to experience negative emotions and…
Abstract
Purpose
Based on affective events theory, this research attempted to investigate how negative gossip about organizational change drives employees to experience negative emotions and direct their aggression toward customers.
Design/methodology/approach
We conducted a scenario-based experiment (Study 1) and a multiwave field survey (Study 2) to test our hypotheses.
Findings
The results show that (1) negative emotions mediate the relationship between change-related negative gossip and displaced aggression toward customers; (2) perceived organizational constraints strengthen the relationship between change-related negative gossip and negative emotions; (3) future work self-salience weakens the relationship between change-related negative gossip and negative emotions; and (4) change-related negative gossip has a strengthened (weakened) indirect effect on displaced aggression via negative emotions when employees have high perceived organizational constraints (future work self-salience).
Originality/value
The study expands research on organizational change and displaced aggression and provides practical implications for managing organizational change.
Details
Keywords
GuangMeng Ji, Siew Imm Ng, Jun-Hwa Cheah and Wei-Chong Choo
Past research often relies on linear relationship assumptions from the perspective of managers when studying the relationship between attribute performance and satisfaction…
Abstract
Purpose
Past research often relies on linear relationship assumptions from the perspective of managers when studying the relationship between attribute performance and satisfaction. However, this study extracts tourists’ online reviews to explore asymmetric relationships and identifies island tourism satisfiers, hybrids and dissatisfiers.
Design/methodology/approach
The research uses 3,523 reviews from Tripadvisor to examine Langkawi Island’s tourist satisfaction. Latent Dirichlet allocation (LDA) machine-learning approach, penalty–reward contrast analysis and asymmetric impact-performance analysis (AIPA) were employed to extract and analyse the data.
Findings
Langkawi’s dissatisfiers included “hotel and restaurant”, “beach leisure”, “water sport”, “snorkelling”, “commanding view”, “waterfall”, “sky bridge walk”, “animal show”, “animal feeding”, “history culture”, “village activity” and “duty-free mall”. Amongst these, five were low performers. Hybrids encompassed “ticket purchasing”, “amenity” “traditional food market” and “gift and souvenir”, all of which were low performers. Only one attribute was categorised as a satisfier: “nature view” which performed exceptionally well.
Practical implications
This study provides recommendations to enhance tourist satisfaction and address tourist dissatisfaction. The elements requiring immediate attention for enhancement are the five low-performance dissatisfiers, as they represent tourists’ fundamental expectations. Conversely, the satisfier or excitement factor (i.e. nature views – mangroves and wildlife) could be prominently featured in promotional materials.
Originality/value
This research constitutes an early endeavour to categorise attributes of island tourism into groups of satisfaction, hybrid or dissatisfaction based on user-generated data. It is underpinned by two-factor and three-factor theories.
Details
Keywords
Using surveys of Amazon and Tmall Global users, this paper aims to empirically investigate the issue of platform technological selection. We explore the impact of switching costs…
Abstract
Purpose
Using surveys of Amazon and Tmall Global users, this paper aims to empirically investigate the issue of platform technological selection. We explore the impact of switching costs on users’ intentions to use an app-enabled cross-border e-commerce (CBEC) platform based on an extended technology acceptance model (TAM). The results suggest that the higher the switching cost of a platform is, the greater the users’ satisfaction and intention to use this platform. Therefore, for the platform, a moderate switching cost will be beneficial for retaining users.
Design/methodology/approach
Based on the TAM, this paper takes the switching costs as the starting point and focuses on exploring the relationships among switching costs, perceived usefulness, perceived ease of use, perceived reliability, satisfaction and intention to use. Online surveys of users of Amazon and Tmall Global are adopted as the main instruments of this research. We collected a total of 408 valid responses from Amazon users and 490 from Tmall Global users. For the data analysis, this study conducts frequency analysis, a test analysis of the reliability and validity of the measures, correlation analysis, and path analysis using a structural equation model.
Findings
The results show that switching costs positively affect the users’ satisfaction and intentions to use a CBEC platform through perceived usefulness, perceived ease of use and perceived reliability.
Research limitations/implications
The questionnaire respondents were predominantly Chinese due to the constraints of the survey conditions. In fact, China has a high penetration rate in CBEC, and Chinese users have rich experience using the Amazon and Tmall Global platforms.
Practical implications
The development of CBEC has ups and downs, and users frequently switch platforms. Considering how platforms can stand out from the crowd and retain users, we believe that a moderate increase in the switching cost of the platform is helpful for companies to address these problems, and the implications of the results are particularly valid for decision-makers of CBEC platforms and companies.
Social implications
Amazon and Tmall Global are the two largest CBEC platforms in the world. Using these two companies as examples for comparison can effectively identify the differences between the platforms and the conclusions are representative. We suggest that platforms can improve user satisfaction and willingness to use by establishing VIP communities, issuing coupons, providing shipping services as well as convenient after-sale complaint channels, and improving the platform’s easy-to-use interface, as ways to further enable the platform to retain more users and stand out in fierce competition.
Originality/value
This paper addresses an interesting and practical issue related to the effects of introducing switching costs in an extended TAM applied to CBEC platforms.
Details
Keywords
Jun Huang, Haijie Mo and Tianshu Zhang
This paper takes the Shanghai-Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and investigates the impact of capital market liberalization on the corporate debt…
Abstract
Purpose
This paper takes the Shanghai-Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and investigates the impact of capital market liberalization on the corporate debt maturity structure. It also aims to provide some policy implications for corporate debt financing and further liberalization of the capital market in China.
Design/methodology/approach
Employing the exogenous event of Shanghai-Shenzhen-Hong Kong Stock Connect and using the data of Chinese A-share firms from 2010 to 2020, this study constructs a difference-in-differences model to examine the relationship between capital market liberalization and corporate debt maturity structure. To validate the results, this study performed several robustness tests, including the parallel test, the placebo test, the Heckman two-stage regression and the propensity score matching.
Findings
This paper finds that capital market liberalization has significantly increased the proportion of long-term debt of target firms. Further analyses suggest that the impact of capital market liberalization on the debt maturity structure is more pronounced for firms with lower management ownership and non-Big 4 audit. Channel tests show that capital market liberalization improves firms’ information environment and curbs self-interested management behavior.
Originality/value
This research provides empirical evidence for the consequences of capital market liberalization and enriches the literature on the determinants of corporate debt maturity structure. Further this study makes a reference for regulators and financial institutions to improve corporate financing through the governance role of capital market liberalization.
Details
Keywords
Chen Yang, Lu Zhang, Xuehang Ling, Xin Qin and Mingyue Li
Digital product and service innovations (DPSI) has attracted widespread attention from both management scholars and practitioners. Previous studies have documented that…
Abstract
Purpose
Digital product and service innovations (DPSI) has attracted widespread attention from both management scholars and practitioners. Previous studies have documented that information technology (IT) capability and digital orientation positively influence DPSI performance. However, the question of whether and how digitalization capability can facilitate DPSI performance remains unresolved. This paper fills these gaps by investigating the mediating role of improvisation capability and the moderating role of technological turbulence.
Design/methodology/approach
This study used two-wave data from 240 matched digital transformation department leaders and senior managers from Chinese firms and examined the hypotheses deploying hierarchical regression and bootstrapping.
Findings
Our analyses reveal positive, significant links between digitalization capability and improvisation capability and between improvisation capability and DPSI performance. The findings further show that the effect of digitalization capability on DPSI performance is partially mediated by improvisation capability and that technological turbulence strengthens the indirect relationship between digitalization capability and DPSI performance through improvisation capability.
Originality/value
Integrating resource-based view, this research provides evidence that the extent to which improvisation capability mediates the relationship between digitalization capability and DPSI performance depends on technological turbulence. It provides a new direction for digitalization capability and DPSI performance.
Details