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1 – 10 of 381Dongmin Kong, Shasha Liu and Rui Shen
On the basis of labor economics theories, this study examines how adjustment in human capital accounts for labor cost stickiness.
Abstract
Purpose
On the basis of labor economics theories, this study examines how adjustment in human capital accounts for labor cost stickiness.
Design/methodology/approach
This study makes use of employee education level as a measure of the quality of human capital and relies on data from Chinese public firms to conduct the empirical test. This study focuses on two important components of labor cost changes: one corresponding to the adjustment in the number of employees (capacity adjustment) and another corresponding to the adjustment in the mix of employee education levels (quality adjustment).
Findings
This study reveals that labor cost changes driven by the adjustment of employee education level are sticky. This stickiness cannot be explained by the standard adjustment cost theory. This further shows that firms that actively adjust their employee quality during downturns experience improved future performance. The findings are robust to alternative measures and specifications.
Originality/value
This study provides new evidence for and insights into the cost behavior literature. Previous studies treat input resources in a homogenous way and focus on the effect of capacity adjustment. This study considers the heterogeneity of resources and examines three dimensions of salary cost adjustment: capacity, structure, and unit cost. In line with the economic theory of sticky costs proposed by Banker et al. (2013a), the study’s evidence sheds light on the additional underlying economic mechanisms driving cost stickiness behavior. Specifically, managers asymmetrically adjust both employee structure and average salaries, in addition to employee number. This study also adds to the existing knowledge of the consequences of managers' actions regarding cost behavior.
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Junjie Zhou, Rajiv Kishore, Meiyun Zuo, Ruochen Liao and Xiao Tang
As older adults are increasingly active in virtual communities (VCs), these platforms for knowledge exchange present opportunities for companies to use elder human capital. The…
Abstract
Purpose
As older adults are increasingly active in virtual communities (VCs), these platforms for knowledge exchange present opportunities for companies to use elder human capital. The purpose of this study is to understand the antecedent factors that motivate older adults’ knowledge contribution and knowledge seeking (KS) behaviors in VCs.
Design/methodology/approach
Rooted in socio-emotional selectivity and social cognitive theories, this study included five key variables and developed models for older adults’ knowledge contributing (KC)/KS behaviors. This paper tested the hypotheses using data from a sample of 204 older adults in 3 VCs in China.
Findings
The results provide support for most of the hypotheses and show that while other members’ participation (MP) acts as a substitute for meaning in life and attitude toward aging, it acts as a complement for outcome expectations (OE) focused on others and OE focused on oneself in their impacts on KC/KS activities.
Practical implications
The study provides practical insights for developing elder human resources via VCs to avoid knowledge loss.
Originality/value
This study described older adults’ unique characteristics when modeling their information and communication technologies-related behaviors and built two models to explain their KC/KS behaviors. It confirmed that the same factor has different levels of impact on older adults’ KC/KS behaviors in VCs. In addition, it confirmed and reinforced the complementary and substitutive effects of other MP as an environmental factor on these behaviors.
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Xiayu Chen, Renee Rui Chen, Shaobo Wei and Robert M. Davison
This study investigates how individuals' self-awareness (specifically, private and public self-awareness) and environment-awareness (perceived expertise, similarity and…
Abstract
Purpose
This study investigates how individuals' self-awareness (specifically, private and public self-awareness) and environment-awareness (perceived expertise, similarity and familiarity) shape herd behavior, encompassing discounting one’s information and imitating others. Drawing from latent state-trait theory, this research aims to discern the impact of these factors on purchase intention and behavior.
Design/methodology/approach
Longitudinal data from 231 users in Xiaohongshu, China’s leading social commerce platform, were collected to test the proposed model and hypotheses.
Findings
The findings from this study show that private self-awareness negatively influences discounting one’s own information and imitating others. Public self-awareness positively affects imitating others, while it does not affect discounting one’s own information. Perceived expertise diminishes discounting one’s own information but does not significantly affect imitating others. Perceived similarity and perceived familiarity are positively related to discounting one’s own information and imitating others. The results confirm different interaction effects between self-awareness and environment-awareness on herd behavior.
Originality/value
First, this contributes back to the latent state-trait theory by expanding the applicability of this theory to explain the phenomenon of herd behavior. Second, this study takes an important step toward theoretical advancement in the extant literature by qualifying that both self- and environment-awareness should be considered to trigger additional effects on herd behavior. Third, this study provides a more enlightened understanding of herd behavior by highlighting the significance of considering the interplay between self- and environment-awareness on herd behavior. Finally, this study also empirically confirms the validity of classifying self-awareness into private and public aspects.
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Rui Huang, Kangni Shen, Teng Xu and Yongjia Shen
The purpose of this paper is to explore the optic performance of extended stilbene derivative.
Abstract
Purpose
The purpose of this paper is to explore the optic performance of extended stilbene derivative.
Design/methodology/approach
Five steps were adopted to synthesise novel 4, 4′-bis (2-cyanostyryl) stilbene, which contained three vinyl units in the skeleton (S3E). The structure of S3E was characterised by 1H NMR and EI-MS. Its absorption and emission spectra were also given.
Findings
Compared to C.I. Fluorescent Brightener 199, which contains two vinyl units in the skeleton, S3E showed obvious bathochromic shifts in both UV-VIS and FL spectra. The maximum absorption wavelength and fluorescent wavelength were at 390 nm and 464 nm, respectively, with Stoke’s shift of 74 nm. The absolute fluorescence quantum yield was 0.42. Thermogravimetric analysis (TGA) revealed that the weight loss of S3E was less than 5 per cent at 300 °C. Moreover, the light resistance test showed that S3E in PVC plate can keep the good fluorescent intensity for more than seven days exposed to xenon light. Therefore, it is believed that S3E could satisfy the requirements of colouring PVC as a fluorescent dye.
Practical implications
S3E can be used as a candidate of fluorescent dye in the development of thermoplastics.
Originality/value
The present paper designed and synthesised a new derivative of stilbene, which showed its preference to be a colourant of thermoplastics.
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Yang Sun, Helen Huifen Cai, Rui Su and Qianhui Shen
The purpose of this paper is to discuss how the configurations of short life cycle, low quality, design and price, influence customer purchase intention in fast fashion and high…
Abstract
Purpose
The purpose of this paper is to discuss how the configurations of short life cycle, low quality, design and price, influence customer purchase intention in fast fashion and high technology industries in China.
Design/methodology/approach
The traditional thinking is that products with high quality and low price will win more customers. However, the authors can notice that high quality products usually have high cost. Therefore, it is necessary to do more research on how customers can accept low quality products. The authors take fast fashion products and smart phones as empirical studies, collecting data from customer’s online survey. Based on the methodology of fuzzy set qualitative comparative analysis, the authors analyse the relationship between the factors of short life cycle, low quality, design and price and influence customer purchase intention.
Findings
The authors find that price is the most important influencing factor. Low price is a strong competitive factor in the market. As to low quality products, low price can be achieved relatively more easily than with high quality products, resulting from relatively poorer raw material or configurations. Hence the connection between quality and price may give an idea to enterprises that customers will accept low quality products with low price. Moreover, according to the research, different generations are equally affected by the low price condition, regardless of customer gender and household income.
Research limitations/implications
Because the study only focuses on fast fashion and smart phones industries, future work needs to replicate this study with individual data for different industries and with alternative methods to reinforce the confidence in the research. Meanwhile , this research studied mainly the customer perspective, it would be desirable to extend the study to the enterprise perspective and find out the difficulties that limit them in using low quality products to meet market needs. This may revel some cultural differences in purchase behavior among different countries and the discussed industries can be expanded to a larger area.
Practical implications
The study offers a number of managerial implications. With the rapid changes in people’s aesthetic sense and developing high-tech, it is more and more necessary for companies to think about how to win more customers and earn more profits. Low quality products have advantages as they will lower companies’ costs in many dimensions, improving the speed of supply. It helps firms to take low quality products into consideration and think whether they will influence different aspects of the company assistance firms to get a deeper understanding of customer psychology and make better decisions on their products.
Originality/value
The paper fills the gap in the research field by exploring how consumer behavior is affected by different conditions.
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Guijiang Duan, Zhibang Shen and Rui Liu
This paper aims to promote the integration of the relative position accuracy (RPA) measurement and evaluation in digital assembly process by adopting the model-based method. An…
Abstract
Purpose
This paper aims to promote the integration of the relative position accuracy (RPA) measurement and evaluation in digital assembly process by adopting the model-based method. An integrated framework for RPA measurement is proposed based on a model-based definition (MBD) data set. The study also aims to promote the efficiency of inspection planning of RPA measurement by improving the reusability and configurability of the inspection planning.
Design/methodology/approach
The works have been carried out on three layers. In the data layer, an extended MBD data set is constructed to describe the objects and data for defining RPA measurement items; In definition layer, a model based and hierarchical structure for RPA item definition is constructed to support quick definition for RPA measurement items. In function layer, a toolset consisting three modules is constructed in a sequence from measurement planning to RPA value solving to visualized displaying again. Based on this framework, a prototype system is developed.
Findings
The paper provides an identified practice of model-based inspection. It suggests that MBD is valuable in promoting both the integration and efficiency of digital inspection.
Research limitations/implications
The templates and constructed geometry objects given in this paper are still limited in a scenario of aircraft assembly. The integrity and universality of them still need follow-up works.
Practical implications
The paper includes implications for the model based digital inspection, the digital assembly and the extended application of MBD.
Originality/value
This paper expands the application of MBD in inspection and fulfils the need to promote the integration and efficiency of digital inspection in large-scale component assembly.
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Di Song, Aiqi Wu, Xiaotong Zhong and Shufan Yu
This study aims to introduce an important temporal dimension to the research on institution and entrepreneurship in the transition period. This study develops the concept of…
Abstract
Purpose
This study aims to introduce an important temporal dimension to the research on institution and entrepreneurship in the transition period. This study develops the concept of pre-reform institutional embeddedness, and explores its impact on entrepreneurial reinvestment of private firms in China’s transition economy.
Design/methodology/approach
The authors used secondary data of a nationally representative sample of China’s private firms collected in the early days of the institutional transition period and applied ordinary least squares regressions and the Baron and Kenny approach to test the theoretical model.
Findings
Pre-reform institutional embeddedness has a negative impact on entrepreneurial reinvestment of private firms in the transition period. This relationship is mediated by guanxi-induced employment, such that pre-reform institutional embeddedness promotes guanxi-induced employment, which in turn discourages a private firm to reinvest. Additionally, the negative impact of guanxi-induced employment on entrepreneurial reinvestment is reduced when decentralization of decision-making is used.
Practical implications
First, entrepreneurs should be aware of pre-reform institutional embeddedness’ negative influence on firms’ risk-taking abilities and incentives. Private firms already constrained by this connection could alleviate the negative impacts through a widespread delegation of decision-making authority. Second, policymakers should be cautious about improper government-business relationships, which may discourage private firms from fully pursuing entrepreneurial growth opportunities.
Originality/value
This paper makes theoretical contributions to the literature on entrepreneurial reinvestment, embeddedness perspective of entrepreneurship and imprinting theory.
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Pedro Santos, Rui F. Martins and António Ginjeira
The purpose of this paper is to improve the surface finish and, therefore, the fatigue resistance of some endodontic files by electrochemical polishing; the influence of applying…
Abstract
Purpose
The purpose of this paper is to improve the surface finish and, therefore, the fatigue resistance of some endodontic files by electrochemical polishing; the influence of applying an autoclave’s sterilising cycle to the endodontic files under study was also assessed during the research herein presented.
Design/methodology/approach
In total, 22 Ni-Ti endodontic instruments of two sizes, namely, ref. Hyflex 0.04/20 and 0.06/20 (taper: 0.04; 0.06 and tip diameter: 0.20 mm, respectively), were submitted to rotational bending tests at 500 rpm; the radius and the angle of curvature imposed to the endodontic instruments during the experimental tests were equal to 4.7 mm and 45°, respectively. In addition, 18 endodontic files (out of the 22) were subjected to electrochemical polishing before in vitro fatigue tests had been carried out. Several combinations of electrochemical parameters were considered during the preliminary experiments involving electrolyte, voltage, flow rate and duration. The endodontic files under study were weighted using a high-precision balance before and after polishing, and mass variation was determined. Also, a sterilising cycle was applied to six polished endodontic instruments, which were placed inside an autoclave at 134°C, for 30 min, and under a pressure of 2.16 bar.
Findings
The fatigue resistance of as-received endodontic files ref. 0.04/20 is much larger (+480 per cent) than the fatigue strength of endodontic files ref. 0.06/20. The weight variation due to electropolishing was comprehended between 0.53 mg and 1.01 mg, and the fatigue resistance of all polished endodontic instruments increased between 30 per cent (0.06/20) and 80 per cent (0.04/20) when compared with the fatigue resistance of the as-received files. The application of an autoclave’s sterilisation cycle had a negative impact on the fatigue resistance of instruments ref. 0.04/20 and a positive impact on the durability of instruments ref. 0.06/20.
Originality/value
The application of an electrochemical polishing process increased the fatigue resistance of the endodontic files under study significantly, and the values for the variables of the electrochemical process were never published elsewhere. The surface finish improvement was obtained by immersing the endodontic files in a Struers’ Electrolyte (ref. E2) for 3 s while applying 30 volts and a flow rate of 1.
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Prior research has documented a guilt by association phenomenon whereby instances of corporate misconduct generate a negative spillover to innocent firms due to their shared…
Abstract
Purpose
Prior research has documented a guilt by association phenomenon whereby instances of corporate misconduct generate a negative spillover to innocent firms due to their shared industry membership with the wrongdoing firm. However, research on competitive dynamics predicts a positive spillover whereby some firms benefit from the revelation of financial misconduct by an industry peer. This study lends support to both these effects by highlighting the role product similarity plays in the understanding of investors' perceptions surrounding corporate misconduct.
Design/methodology/approach
The study assesses the investors' valuation of cash using Faulkender and Wang's (2006) methodology. The difference-in-differences approach is employed to compare the market valuation of cash held by non-accused firms with higher and lower litigation spillover risk operating in industries with higher vs lower product similarity.
Findings
The findings show that an increase in the volume and severity of misconduct by industry peers is associated with an undeserved loss in the value of cash held by non-accused firms operating in industries with high product similarity. In contrast, firms that sell differentiated products stand to gain from the troubles of the accused peer. Moreover, non-accused firms in industries with high product similarity reduce capital expenditures more following misconduct accusations against peers to preserve cash in anticipation of future lawsuits.
Originality/value
This study contributes to the growing spillover literature that investigates how a crisis caused by one firm affects the valuation of its peers.
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