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1 – 10 of 127Muhammad Nurul Houqe, Michael Michael, Muhammad Jahangir Ali and Dewan Rahman
The purpose of this paper is to examine the association between company reputation and dividend policy.
Abstract
Purpose
The purpose of this paper is to examine the association between company reputation and dividend policy.
Design/methodology/approach
In this study, sample of 98,809 firm-year observations from 22 countries covering 2005–2016 were used.
Findings
Firm reputation concerns are associated with higher propensities to pay dividends and payout ratios. Further, this positive effect is more pronounced for firms with high free cash flows, high information asymmetry and low institutional monitoring. The results are robust to an instrumental variable approach, propensity score matching and the Heckman two-stage correction approach while addressing endogeneity concerns.
Practical implications
These findings have significant implications for various stakeholders, such as existing and potential investors, managers, policymakers and regulators, by providing insights into the relationship between corporate reputation and firm dividend payout decisions. Corporate reputation is highlighted as crucial for accessing finance, emphasizing the role of national regulators and policymakers in facilitating firms' efforts to improve their reputation. The study highlights the dynamics of corporate reputation and dividend payout, calling for proactive engagement from regulators and policymakers. Crafting policies conducive to reputation-building can enhance firms' financial prospects, indicating the need for strategic interventions at managerial, regulatory and policy levels. Understanding the influence of economic context is crucial for firms to tailor reputation management strategies and optimize funding opportunities in different economic environments.
Originality/value
Overall, results suggest that reputation serves as a disciplining mechanism, where firms will pay dividends to maintain their reputations.
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Sebastian Brockhaus, Daniel Taylor, A. Michael Knemeyer and Paul R. Murphy
This research explores the concept of omnichannel fulfillment steering (OFS) and demonstrates how retailers can influence a consumer’s fulfillment decisions through commonly used…
Abstract
Purpose
This research explores the concept of omnichannel fulfillment steering (OFS) and demonstrates how retailers can influence a consumer’s fulfillment decisions through commonly used financial incentives such as discounts, credits and the opportunity to avoid home delivery fees.
Design/methodology/approach
We present insights from two theoretically grounded experiments to examine how different types of financial incentives can be used by omnichannel retailers to steer consumers from home delivery toward three alternative order fulfillment methods (AOFM) – buy-online-pickup-in-store, curbside-pickup and ship-to-locker.
Findings
Our analysis suggests that an opportunity to avoid shipping fees (penalty-avoidance) is a more effective OFS nudge than offering discounts or store credits (rewards). No difference was observed between offering discounts or credits as steering mechanisms; further, no omnichannel steering benefits were observed among the tested AOFMs. Collectively, these findings provide possible justification for retailers’ prioritization of credits to foster customer in-store visits, thus encouraging greater customer engagement and facilitating cross-selling opportunities. Finally, we uncover a penalty-avoidance endowment effect for “free shipping” of purchases over the current industry-standard free shipping threshold.
Practical implications
Retailers might prioritize store credits over discounts as nudges to steer customers toward an AOFM, with buy-online-pickup-in-store offering the greatest benefits for most retailers. Furthermore, using penalty-avoidance OFS incentives over a typical free shipping threshold may increase AOFM selection rates but engender adverse customer reactions.
Originality/value
Advancing the concept of OFS, this study directly informs retailers’ omnichannel incentive programs to nudge customers back into the store. Countering intertemporal choice theory, we could not demonstrate that delayed incentives are less effective than immediate ones. Based on prospect theory, we identify a free shipping endowment effect at a specific reference point along a purchase amount continuum.
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Curtis Fogel and Andrea Quinlan
This chapter examines sexually violent hazing as a form of group sexual assault, which involves multiple perpetrators in a single sexually violent act, in the context of junior…
Abstract
This chapter examines sexually violent hazing as a form of group sexual assault, which involves multiple perpetrators in a single sexually violent act, in the context of junior men's hockey in Canada. Research outside of the context of sport suggests that group sexual assaults are relatively rare. However, available evidence suggests that the prevalence of group sexual assaults perpetrated by male junior hockey players is significantly disproportionate to perpetration rates by men who do not participate in competitive sports. Drawing on examples from junior men's hockey in Canada, three main forms of group sexual assault are identified and explored in which multiple male junior hockey players have been reported for sexually assaulting: (1) new male team members through sexually violent hazing rituals, (2) female victims during team rookie nights or initiation parties and (3) a single female victim away from team activities. The data analysed include media files and written legal decisions involving group sexual assault allegations against 65 Canadian junior men's hockey players. This chapter reveals that each form is interconnected within the misogynistic culture of junior men's hockey in Canada, where group sexual assaults have long been tolerated, silenced and ignored by teams, leagues and legal officials.
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Michael Gove is a controversial figure, not least due to his time as secretary of state for education under the Cameron coalition government from 2009 to 2013. Gove’s…
Abstract
Michael Gove is a controversial figure, not least due to his time as secretary of state for education under the Cameron coalition government from 2009 to 2013. Gove’s internationalising policy claimed to be addressing the attainment gap between rich and poor, supporting a workforce for the global markets. Gove appealed to all educational leaders by sending them a Gove-signed King James Bible, and he set up a Victorian school desk as the primary display artefact in the Ministry of Education. These two artefacts provide the analytical lens from which the claims and consequences of Gove’s education policy reforms were experienced by educational leaders and schools. This chapter aligns with the editorial line of this book in three ways. First, it acknowledges context as the most important aspect of understanding reform, in this case the neoliberal market economy of Britain in the 21st century. Second, it affords insight into how the selective use of data and political rhetoric acted as a vehicle for power in and through social relations. Finally, it reveals where disadvantage lies and provides impetus for further research and scholarship to mitigate it.
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Conor L. Scott and Melinda M. Mangin
In recent decades, school discipline has become increasingly characterized by zero-tolerance policies that mandate predetermined punitive consequences for specific offenses…
Abstract
In recent decades, school discipline has become increasingly characterized by zero-tolerance policies that mandate predetermined punitive consequences for specific offenses. Zero-tolerance policies have not been shown to improve student behavioral outcomes or school climate. Further, these disciplinary policies are applied unevenly across schools and student populations. Despite the well-documented research base that demonstrates that these practices are ineffective, they remain commonplace in K-12 school across the United States. Transformative and culturally responsive educational leadership requires school leaders to examine the historical, societal, and institutional factors that contribute to the racial-discipline gap within their particular schools. This process requires committing to leading for racial justice, self-reflexive practice, and having the courage to boldly name and dismantle practices that do not create equitable outcomes for students on the margins. Drawing on tenets of Critical Race Theory and Culturally Responsive School Leadership to situate the history and proliferation of harmful disciplinary practices, this chapter discusses how critically reflexive school leaders can mobilize restorative practices to dismantle the systems, structures, and practices that reproduce inequities in schools. The chapter provides aspiring and practicing school leaders with the knowledge needed to reform existing school discipline policies and implement practices that support racial justice.
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Over the past decade, the popularity of authoritarian governments and/or authoritarian leaning leaders has steadily grown. Much of the acceptance of and/or allegiance to such…
Abstract
Over the past decade, the popularity of authoritarian governments and/or authoritarian leaning leaders has steadily grown. Much of the acceptance of and/or allegiance to such forms of leadership and governance structures stems from a rightward shift among voting blocs, who are increasingly comfortable with nationalist, nativist, and insular arguments in an effort to ensure a sense of stability and safety. In scholarly circles, there has been a parallel rise with scholars increasingly using decolonial theories, research, and practices in an effort to destabilize norms of colonial, Western, and patriarchal knowledge creation and dissemination. These two movements might, on the outside, appear to be disconnected but are in fact coupled together in ways that can constrain progressive movements around human rights, education and justice. The paper frames a selection of political battles in education to highlight the emergence, journey, and outcomes that have led to the successful rise of right-wing ideologies in education as well as offer a critique on the ambiguity inherent in decolonial theories that impede current decolonizing ways of knowing. These ambiguities exacerbate the emergence of a neo-decolonial perspective. This exploration of a neo-decolonial narrative is predicated on the evolution and co-option of the public space, or argued by Habermas, the “bourgeois public sphere.” This shift often leaves the liberal, progressive, and human rights-orientated individuals out of the dialogue on the future of education, in part, readying a public willing to engage in new forms of decolonial thinking, resulting in more sophisticated right-wing intersections in policy and practice that directly affect educational equity and access.
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Renáta Pitoňáková and Ladislav Kabát
The globalized economic environment is a reality of our time, and the free market is an organic part of it. In the European Union, the free market is one of the key pillars of its…
Abstract
The globalized economic environment is a reality of our time, and the free market is an organic part of it. In the European Union, the free market is one of the key pillars of its functioning. The free movement of labor, capital, goods, and services contributes to long-term and stabilized economic and social development. When monitoring and analyzing the free market, the labor market deserves special attention. The information provided reflects Slovakia's labor market for 2000–2020, in which the country was undergoing significant social and economic changes. It was joining the European Union and the euro area. Many privatization projects continued, as well as modernization and building of new business capacities. However, their successful use required new sources of labor and a new labor market organization. Therefore, in this chapter, we provide information about the status of the labor market in the context of economic development. We also point out the level of unemployment in relation to the structure of the labor force. The chapter aims to provide principal information about changes in the labor market in Slovakia and its determinants from the external environment.
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This chapter reflects on a media studies project exploring Sylvia Plath poetry on Tumblr. The project ultimately resulted in excess digital data, with no conventional publications…
Abstract
This chapter reflects on a media studies project exploring Sylvia Plath poetry on Tumblr. The project ultimately resulted in excess digital data, with no conventional publications or research outputs. Now writing 10 years after data collection, I take a storying approach to explore the original research concerns and the research process, thereby locating a reconfigured ‘research event’ that draws together various biographical, social, political and historical factors. I reflect on my evolving understanding of ‘research’, discussing early teaching experiences and postgraduate pathways that partly structured a particular relationship to research. This serves to bridge a discussion about the challenges of the initial process over a decade ago, including the uncomfortable pairing of inexperience among aspiring researchers and institutional pressures to publish. I then discuss the theoretical perspectives that inspire and, in retrospect, offer clarity for the project, given the amount of time passed since data collection and the synergistic relationship between the storying approach, poststructuralist thought and story-focused methodologies. I argue that Tumblr provides unique opportunities for identity negotiation, aesthetic appreciation, data extraction and commodification, which highlights both the creative agency of digital aesthetic curation and self-work, as well as the importance of algorithmic transparency. I also contend that engaging with excess data led to methodologically and theoretically useful insights, challenging assumptions about the temporality of usable data and the ever-changing relationship between art, technology and freedom.
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This study aims to explore why Chinese consumers pay for digital content products by investigating the experiences of Chinese consumers living in first-tier and second-tier cities…
Abstract
Purpose
This study aims to explore why Chinese consumers pay for digital content products by investigating the experiences of Chinese consumers living in first-tier and second-tier cities regarding paid digital knowledge products.
Design/methodology/approach
A total of 19 in-depth interviews were conducted to collect data, and the phenomenological reduction was adopted to analyze data.
Findings
This study reveals that Chinese consumers use paid digital knowledge products to alleviate stress and anxiety stemming from real-life competition and the fear of falling behind. While consumers acknowledge the limited assistance that paid knowledge products can offer, their acceptance and expectations of paid digital knowledge products remain positive.
Originality/value
Paid digital knowledge represents an innovative phenomenon, with few scholars outside China having studied it. This study contributes a conceptual framework to understand the motivations of Chinese consumers with high purchasing power residing in first-tier and second-tier cities to invest in digital content.
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