Jokull Johannesson, Iryna Palona, Jose Francisco Salazar Guillen and Michael Fock
The purpose of this paper is to compare and contrast the corporate governance standards of Cyprus, Russia, and Kazakhstan to those of the UK to facilitate investment decisions…
Abstract
Purpose
The purpose of this paper is to compare and contrast the corporate governance standards of Cyprus, Russia, and Kazakhstan to those of the UK to facilitate investment decisions. The paper aims to discover governance gaps creating a potential for alignment to UK standards.
Design/methodology/approach
The paper is a qualitative case study of four countries based on the OECD criteria of 118 corporate governance measures.
Findings
The findings indicate that the corporate governance standards in Cyprus match 92 per cent of the UK standards, Russian standards match 75 per cent, and Kazakhstan ones 63 per cent. The greatest contrast to the UK standards were for Cyprus in the area of disclosure and transparency category, Russia's was in the area of responsibilities of the board, and Kazakhstan's was highest in the two areas mentioned above and low overall.
Research limitations/implications
The paper identifies areas of governance that could be aligned to UK standards. Further research is needed to compare the governance standards of the countries studied to international standards other than those of the UK's.
Practical implications
The paper provides insight on governance for investors in the three countries and aids effective investment decisions.
Social implications
The paper identifies areas of governance needing regulatory adjustment in the three countries and could influence government and industry policy.
Originality/value
The originality of the paper lies in identifying gaps in governance among the four countries. Thus the paper provides information for investors as to the corporate governance they are likely to experience, and facilitates development in governance regulation.
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Michael Mustafa, Hazel Melanie Ramos and Thomas Wing Yan Man
The purpose of this paper is to examine the impact of psychological ownership (both job and organisational based) on extra-role behaviours among family and non-family employees in…
Abstract
Purpose
The purpose of this paper is to examine the impact of psychological ownership (both job and organisational based) on extra-role behaviours among family and non-family employees in small overseas Chinese family businesses.
Design/methodology/approach
Empirical evidence was drawn from a survey of 80 family owners/managers and non-family employees from 40 small overseas Chinese family businesses from the transport industry in Malaysia. All proposed hypothesis were tested using hierarchical moderated regression analyses.
Findings
Job-based psychological ownership was found to significantly predict both types of extra-role behaviours. Organisational-based psychological ownership, however, was only a significant predictor of voice extra-role behaviour. Interestingly enough, no significant moderating effects on the relationships between the two dimensions of psychological ownership and two types of extra-role behaviour were found.
Originality/value
Having a dedicated workforce of both family and non-family employees who are willing to display extra-role behaviours may be considered as an essential component of business success and long-term continuity for many family firms around the world. This particular paper represents one of the few empirical efforts to examine the extra-role behaviours of employees in family firms from emerging economies.
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Henry K.Y. Fock, Ka‐shing Woo and Michael K. Hui
This study investigates the synergetic impact of joint marketing collaboration between a bank and an affinity organisation on their affinity credit card holders' behaviours. Seeks…
Abstract
Purpose
This study investigates the synergetic impact of joint marketing collaboration between a bank and an affinity organisation on their affinity credit card holders' behaviours. Seeks to identify the sources of the influence of the alliance partners which induce changes in the attitude and behaviour of cardholders.
Design/methodology/approach
A theoretical model was developed to reveal the impact of perceived card benefits, affective customer loyalty toward the bank, affective customer loyalty toward the affinity organisation, and perceived prestige of affinity organisation, on the card usage behaviours of customers. Survey data were obtained from 162 students who were holders of a university affinity credit card in Hong Kong.
Findings
Findings indicated two routes of influence that affect the intention and behaviours of affinity credit cardholders. The two routes were complementary rather than competitive in a symbiotic collaboration. The first is a cognitive route. It shows that a cardholder's attitude formation is strongly influenced by the cognitive evaluation of card benefits instead of by affective loyalty toward the bank or toward the affinity organisation. The second route is an emotional route of influence. It originates from the perceived prestige of the affinity organisation to cardholders' intention and usage behaviours.
Originality/value
The impact of the symbiotic collaboration on customer behaviours is an important question which has yet to be answered in the literature of strategic alliances. To the best of one's knowledge, this is a pioneering empirical study addressing this research issue.
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Pedro Lucas de Resende Melo, Julio Araújo Carneiro-da-Cunha and Renato Telles
The purpose of this paper is to understand the relationship between franchisee support and brand value in micro-franchise chains. This study aims to understand the importance of…
Abstract
Purpose
The purpose of this paper is to understand the relationship between franchisee support and brand value in micro-franchise chains. This study aims to understand the importance of value delivery in support to the micro-franchisee aiming at increasing brand value.
Design/methodology/approach
The sample was composed of 148 micro-franchisees belonging to 70 chains located in Brazil. The questionnaire aimed to verify the franchisee’s degree of concordance with the support and brand value provided by the franchisor through a Likert scale. The questionnaire structure comprised of ten metrics associated with franchisee support, four metrics associated with the brand value perception and four potentially intervenient metrics. A regression analysis was carried out to confirm the results for the factor analysis, assuming that the three factors associated with support as independent variables and the brand factor as a dependent variable.
Findings
The three factors related to franchisee support were found to be significant predictors of brand value. Based on the values of the coefficients, it is possible to infer the positive nature of the association. An increase in franchisee support leads to an increase in the franchisee perception about brand value. The positive effect of training and franchisor’s support in prospection and installation improvement on the brand value evaluation by franchisees was supported by the statistical analyses conducted.
Research limitations/implications
This research complements the studies on brand citizenship behavior and franchisee brand commitment; the greater the support provided to the micro-franchisee, the greater its commitment to the brand values of the chain. This contribution is critical because we deal with micro-enterprises in a business environment with an intense resource scarcity. These aspects place restrictions on the delivery of support and brand value in these franchise chains.
Practical implications
Structured support plans and greater approximation with franchisees seem to be alternatives for this perception of value to be increased in micro-franchise chains. The attractiveness of a micro-franchise chain can be enhanced if the franchisor is able to show to its potential micro-franchisees that it offers adequate support for its business; and also for the capture of new micro-franchisees.
Social implications
The social implications aimed at entrepreneurs with low financial expenditure. The sustainability of these businesses is highly relevant in the case of emerging markets given the high rates of unemployment and informality. Hence, micro-franchises become one of the means for micro-entrepreneurs to enter the job market.
Originality/value
When dealing with micro-franchises, there is an intensification of this scarcity of resources due to the smaller amount captured by the franchisor, as well as the lower technical level found in the franchisees. The relationship between brand value and the perceived level of support and the consequent franchise satisfaction with the chain in franchises, symbolized by brand citizenship behavior, is still little studied, and there are promising new studies, especially on the different types of franchises.
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Matthew Tingchi Liu, Rongwei Chu, IpKin Anthony Wong, Miguel Angel Zúñiga, Yan Meng and Chuan Pang
The purpose of this paper is to examine the relationship among affective loyalty, perceived benefits, attitude towards co‐branded products and the intention to use such products.
Abstract
Purpose
The purpose of this paper is to examine the relationship among affective loyalty, perceived benefits, attitude towards co‐branded products and the intention to use such products.
Design/methodology/approach
In total, 433 valid responses were collected from active bank/department store co‐branded credit card holders, from four major Chinese cities. Regression and t‐test analyses were used to test the hypotheses.
Findings
The findings revealed that affective loyalty to the bank and the department store, as well as perceived credit card benefits, all positively influence consumers' attitude toward bank/department store co‐branded credit cards. Additionally, results showed a positive relationship between attitude and intention. Moreover, gender differences were also found to be significant in affective loyalty to the bank and the department store, as well as with the intention to use co‐branded credit cards.
Originality/value
The paper contributes to the co‐branding literature by gaining a better understanding of co‐branded partners in symbiotic marketing collaboration.
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Nefzi Nabiha and Ben Arab Mounira
This paper investigates the nature of the causal relationship between stock price and exchange rate related to five emerging countries – Mexico, Argentina, Brazil, Thailand, and…
Abstract
This paper investigates the nature of the causal relationship between stock price and exchange rate related to five emerging countries – Mexico, Argentina, Brazil, Thailand, and Malaya – by applying the techniques of unit root, a test proposed by Toda and Yamamoto (1995), the variance decomposition analysis, and the impulse response function. Empirically, we have found that there is a unidirectional Granger causality for all these countries. This relationship is very important, especially for the case of Malaya. Our results also suggest that total convertibility strengthens the relation between the two markets, but cannot be considered as a crucial determining factor.
Michael Daniel Clemes, Xin Shu and Christopher Gan
Global mobile communication is one of the most dynamic and important service markets. Several researchers suggest using a theoretical approach to develop a much deeper insight…
Abstract
Purpose
Global mobile communication is one of the most dynamic and important service markets. Several researchers suggest using a theoretical approach to develop a much deeper insight into key marketing constructs such as service quality, customer perceived value, customer satisfaction, perceived switching costs, corporate image, and customer loyalty is of vital importance to the mobile communications market. This study aims to develop and test a comprehensive hierarchical model of these six important constructs. The model also incorporates the retailing function of a major mobile communication provider.
Design/methodology/approach
The research sample of 516 was drawn from customers of one of the largest mobile communications service providers in China. The data were analysed using exploratory factor analysis, confirmatory factor analysis and structural equation modelling.
Findings
The results of the study support using a hierarchical and multidimensional approach for conceptualising and measuring customers' perceptions of service quality in the mobile communications market. In addition, the findings illustrate that service quality is an important determinant of customer perceived value, customer satisfaction, corporate image, and perceived switching costs. Customer perceived value is also an antecedent of customer satisfaction. Corporate image, customer satisfaction, and perceived switching costs are three key drivers of customer loyalty. However, the findings also indicate that corporate image is not an important determinant of customer satisfaction and that customer perceived value is not a key driver of customer loyalty.
Originality/value
This is the first paper that has developed and tested a comprehensive hierarchical model of the mobile communications market.
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Michael J. Roszkowski and Francis J. Berna
The purpose of this paper is to assess the prestige of the Doctor of Ministry (DMin) among Roman Catholics in leadership positions, who may be a potential market for this degree.
Abstract
Purpose
The purpose of this paper is to assess the prestige of the Doctor of Ministry (DMin) among Roman Catholics in leadership positions, who may be a potential market for this degree.
Design/methodology/approach
In a mail survey employing a comparative rating scale, respondents rated the prestige of the DMin relative to six other doctorates: PhD, EdD, PsyD, DBA, MD, and JD.
Findings
Ratings were provided by 184 priests, 73 deacons, and 95 directors of religious education (69 lay, 26 sisters). The DMin carried the least prestige with priests and the most with religious educators, particularly the sisters. In all groups, the DMin fared best on prestige when compared to the professional doctorates (DBA, EdD, PsyD) and worst relative to the traditional degrees (MD, JD, and PhD). When submitted to a cluster analysis, three groups emerged, corresponding to negative (46 percent), neutral (38 percent), and positive (16 percent) impressions of the prestige of the DMin. The majority of the priests (44 percent) were in the negative cluster whereas the largest proportion of deacons (45 percent) and most lay religious educators (71 percent) fell into the neutral cluster. In contrast, the largest proportion of the religious educators who were sisters by background went into the positive cluster (40 percent). With the exception of the sisters, the percentage of each group falling into the positive cluster was quite small and approximately the same size across the remaining three groups (16 percent, 15 percent, and 13 percent). A discriminant analysis of the clusters identified two discriminating functions; the primary function involved perceptions of the DMin relative to the traditional degrees (MD, JD, and PhD), whereas the very minor second function involved how the DMin is perceived in comparison to the newer practice doctorates (EdD, DBA, and PsyD).
Research limitations/implications
The response rate was low.
Practical implications
Currently, owing to its low prestige, the DMin probably does not have a sizable potential market among Roman Catholic priests, but it may appeal more to religious educators.
Social implications
The DMin may be subject to the same concerns and prejudices as raised about other professional doctorates.
Originality/value
Roman Catholics are a non‐traditional audience for the DMin. This degree's perceived prestige was not previously studied in this emerging market.
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Christopher G. Banford, M. Ronald Buckley and Foster Roberts
The purpose of this paper is to examine how the effectiveness of delegation as a management practice is impacted by various factors such as manager cognition, perceived…
Abstract
Purpose
The purpose of this paper is to examine how the effectiveness of delegation as a management practice is impacted by various factors such as manager cognition, perceived subordinate competence, and cultural differences. This research may help global business leaders to better understand how cultural differences may impact managerial functions and how to manage culturally diverse employees.
Design/methodology/approach
This paper is based upon a conceptual discussion of delegation as it has been studied in the past and a reflection on the ways in which past research can usefully inform current trends in the use of delegation as a management practice.
Findings
A model is proposed that suggests that the effectiveness of delegation in a local context is a function of the global leader’s cognitions and perceptions of their subordinates. Further, it suggests that this relationship is moderated by the local cultural context in that some cultures may be opposed to being delegated authority.
Research limitations/implications
This paper presents a conceptual framework and therefore empirical applicability of this model must be proven.
Originality/value
Delegation is an under-researched management practice. This paper contributes to the delegation literature by exploring its value to management in a global context.
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In recent years, negative spokesperson incidents have raised significant concerns in academia and industry. While several studies have addressed celebrity endorser scandals…
Abstract
Purpose
In recent years, negative spokesperson incidents have raised significant concerns in academia and industry. While several studies have addressed celebrity endorser scandals, comprehensive analyses of current knowledge are lacking. Therefore, this study systematically reviewed the related literature to better understand trends and suggest future research directions for advancing this field.
Design/methodology/approach
This study employs the theory–context–characteristics–methodology (TCCM) framework to examine 76 articles on celebrity endorser scandals.
Findings
Utilizing the TCCM framework, this study presents a comprehensive research framework, revealing that (1) the celebrity endorser scandal effect primarily includes associative learning, attribution of responsibility, and moral reasoning; (2) entertainment celebrities and athletes have received significant research attention; (3) both individual- and relationship-level characteristics serve as crucial moderators, with focal brand and related brand being the primary outcome variables. Additionally, this study outlines enterprise response strategies, encompassing the reformation of existing spokesperson relationships and the establishment of future spokesperson connections; and (4) quantitative approaches dominate the field.
Originality/value
This study integrates and expands existing research on celebrity endorser scandals while proposing future research opportunities to advance the field.