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This study investigates the influence of corporate culture on financial reporting transparency within Iranian firms.

Leveraging a dataset of 1,480 firm-year observations from the Tehran Stock Exchange spanning from 2013 to 2022, the study employs text mining to quantify linguistic features of corporate culture and transparency, specifically readability and tone, within annual financial statements and Management Discussion and Analysis (MD&A) reports.

Our results confirm a positive and significant relationship between corporate culture and financial reporting transparency. The distinct dimensions of corporate culture — Creativity, Competition, Control, and Collaboration — each uniquely enhance financial transparency. Robustness tests including firm fixed-effects, entropy balancing, Generalized Method of Moments (GMM), and Propensity Score Matching (PSM) validate the profound influence of corporate culture on transparency. Additionally, our analysis shows that corporate culture significantly affects the disclosure of business, operational, and financial risks, with varying impacts across risk categories. Cross-sectional analysis further reveals how the impact of corporate culture on transparency varies significantly across different industries and firm sizes.

The study’s scope, while focused on Iran, opens avenues for comparative research in different cultural and regulatory environments. Its reliance on text mining could be complemented by qualitative methods to capture more nuanced linguistic subtleties.

Findings underscore the strategic importance of cultivating a transparent corporate culture for enhancing financial reporting practices and stakeholder trust, particularly in emerging economies with similar dynamics to Iran.

This research is pioneering in its quantitative analysis of the textual features of corporate culture and its impact on transparency within Iranian corporate reports, integrating foundational theoretical perspectives with empirical evidence.

With the current developments within the sphere of Internet of Things (IoT) technology, many conventional articles are all being fitted with smart functionalities, ranging from chairs, beds, shoes and caps to underwear. Bags which are utility as well as fashion items have not been left out of this smart craze, albeit to a less popular degree. The purpose of this study is to fill the research gap on the subject of smart bags research and applications and to contribute to the general discourse on IoT.

This study adopts literature search and database review, concept mapping as well as synthesis methodologies. Relevant literature form databases such as Web of Science, Google Scholar and Bing Scholar were interrogated. Manual sifting was done to eliminate papers that do not fit the set inclusion criteria. Literature on smart bags was organized into structured frameworks using concept mapping methodology. Applying a synthesis methodology enabled an exploration of the different technological trends in smart bag research and their areas of application.

The study identified about 15 different smart bag applications and functionalities. Discussed in this study is a classification of bags based on a number of points such as way of carrying, size, utility and fabrication materials. Also discussed are the description of what constitute a smart bag, relevant technologies for smart bag design and engineering and subsequently the current trends in smart bag applications. This study also discovered that the air travel industry tend to have some difficulties with this smart bag technologies, specifically with their built-in batteries.

The results of this study will provide researchers and other stakeholders with key information about existing problems and opportunities in smart bag research and applications. This will go a long way to help in guiding future research as well as policymaking in smart bag design and application.

To the best of the authors’ knowledge, this is the first review on the subject of smart bags even though smart bag research and commercial product design continue to gain momentum in recent years.

In the current landscape of the beverage market, craft beer has secured a prominent position, attracting consumers seeking high-quality products with distinctive characteristics. This study aims to identify the key drivers of consumer preferences for craft beer attributes.

Conjoint analysis and cluster segmentation were employed to analyze the preferences of 351 Italian craft beer consumers.

The preferences of a representative sample were analyzed to identify the utilities associated with various beer attributes, including colour, alcohol level, body, raw material origin and price. The findings indicate that colour is the most highly valued attribute, followed by price and alcohol level. Consumers prefer beers with a lighter colour, a moderate alcohol level between 5 and 7% and an affordable price. Furthermore, beers that emphasize the Italian origin of raw materials are appreciated, demonstrating a strong link with local identity. The segmentation of the sample into three clusters revealed significant differences in preferences. The first cluster preferred light beers at medium prices, the second for amber beers at low prices and the third opted for dark and full-bodied beers.

The findings of this study provide valuable insights for craft beer producers seeking to refine their marketing strategies and product development. Producers can better meet consumers’ evolving preferences by better understanding the diverse needs of consumers and optimizing their offerings in an increasingly competitive market.

This study aims to measure and compare consumer-based brand equity (CBBE) of several US and global wine tourism destinations from an American market point of view.

An online randomized experimental design was used to assign respondents to different wine tourism destination contexts and measure their perceptions and intentions. A structured survey was designed with CBBE scale items related to the most commonly studied components of CBBE, namely, familiarity, perceived quality, image, consumer value, brand value and brand loyalty.

The study revealed that respondents were unfamiliar with multi-regional and global wine-growing destinations and their wines, implying that wine tourists belong to different market segments that seek different experiences. Among the US wine tourism destinations, Napa Valley is the destination with the strongest CBBE, with the highest overall ratings in all five CBBE components, on average. In terms of country-level wine tourism destinations, the US has the strongest CBBE, with the highest overall ratings in familiarity and brand loyalty.

Wine tourism destination CBBE is shown to include components that may not relate exclusively to wine and variations in perceptions concerning global wine-growing regions may be associated with consumer familiarity. Future studies may include respondents from different countries to determine the generalizability of the current findings.

To the best of the authors’ knowledge, the current study is the first to assess consumer-based brand equity of wine tourism destinations in the US and globally from a US resident perspective.