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The paper aims to assess the performance of investors that are discriminated based on their risk-appetite who intend to invest in listed Sharia-compliant (SC) stocks to maximize their portfolios’ wealth through two different models (i.e. regime-switching [RS] and non-RS).

Study period (i.e. November 18, 2015–May 31, 2019), well described in two distinct volatility-related bull-regime and bear-regime, is divided into in-sample and out-sample where Rs. 1.00 is invested on the out-sample start date. Each investor’s cumulated wealth forecasted through different models is checked daily throughout the out-sample period, and then, analyzed based on investors’ cumulated ending wealth, and Sharpe ratio (SR) is obtained through different models.

The ending wealth of risk-averse and risk-neutral investors obtained through RS-models increased 5.27 times while that of risk-taker investors increased 5.13 times. However, ending wealth obtained through non-RS models remained far low. The SR remained unchanged among investors. However, the SR of RS models (i.e. 1.0867) is higher than that of non-RS models (i.e. 0.8681). Overall, RS model-based investments outperformed in all categories of investors.

The study helps the investor during the process of portfolio diversification in their asset(s) selection and limited capital apportionment decisions. It also helps market regulators in formulating regulations and the policymakers in articulating/implementing policies that may protect the stakeholders form consequent disasters, particularly when market switches regimes.

The uniqueness stems from its focus on risk-appetite discriminated investors’ portfolio wealth maximization issue examined through technical analysis using two completely distinct models in the emerging market’s listed SC stocks.

The purpose of this paper is to develop an understanding of the factors influencing Chinese consumers to shop online by exploring the effects of user demographic characteristics and media characteristics on shopping intention.

A nationwide online survey of 503 Chinese consumers was carried out to test the proposed conceptual model of online shopping intention using hierarchical regression. The results support most of the proposed hypotheses.

Chinese consumers' age, income, education and marital status, and their perceived usefulness are significant predictors of online shopping intention.

Future research should use actual online purchases as the dependent variable and explore the effects of product characteristics, merchants and intermediate characteristics, as well as environmental influences in online shopping behavior.

Consideration of individual differences in explaining Chinese consumers' online buying intention could provide a better understanding of users' adoption of the internet as a shopping and transaction channel, as well as enhance an e‐tailer's market targeting and segmentation effectiveness. E‐marketers should incorporate features that can enhance online shopping efficiency.

Given the tremendous growth of B2C e‐commerce in China, there is a critical need for understanding what drives Chinese consumers to shop online. As one of the few large‐scale empirical studies on Chinese consumers' online shopping behavior, these results will enable e‐marketers to better design their e‐marketing strategies that cater to Chinese consumers' changing needs and lifestyles and improve their online shopping experiences and satisfaction.

This research examines how URLs in Chinese mass media advertising affect noticeability, perceptions and behavior among internet users and non‐users.

It uses advertising effectiveness measures to investigate the perceived effects of URLs in traditional media advertising. Six hundred and twenty‐seven random telephone interviews among adult internet users and non‐users were conducted in Beijing, Guangzhou, and Shanghai.

Results showed the inclusion of a URL in an ad enhanced brand perceptions and increased consumers' likelihood to visit the web site.

Limitations include a low response rate, self‐reported data, and limited analysis of internet users and non‐users. Future research could use an experimental design and update data as web presence and internet usage grows.

This research adds to knowledge about web advertising in China and suggests that marketers may benefit from an early web presence.

It suggests that marketers need to be more strategic about how web presence affects brand perception among users and non‐users of the internet.

The purpose of this study is to investigate the effects of national culture on the diffusion process of business‐to‐consumer (B2C) e‐commerce using Hall's cultural classifications and Hofstede's multicultural framework.

Time‐series secondary data across 58 countries were utilized and independent samples t‐test and nonparametric correlation analyses were conducted to test the proposed hypotheses.

Results of the study suggest that high‐context and polychronic cultures are more conducive to the adoption and diffusion of internet retailing. An unexpected finding is evidence of the significant positive impact of uncertainty avoidance on B2C e‐commerce adoption.

Based on the empirical findings of the study, managerial implications are derived. These insights may help global internet marketers predict B2C e‐commerce adoption and diffusion across countries and formulate more effective online marketing and communication strategies by accommodating for cultural influences during the diffusion process. Limitations and directions for future research are also discussed.

This study is among the few large‐scale empirical studies attempting to establish the importance of understanding cultural influences on consumers’ online purchasing behavior across countries.

The purpose of this study is to examine key factors that affect cattle farmers’ selection of marketing channels and draw implications for China's beef supply chain development.Design/methodology/approach – A questionnaire was designed and face‐to‐face interviews were conducted with a random sample of 153 farmers located in three major cattle producing regions across China.Findings – Several variables related to transaction costs (chiefly, in the form of negotiation costs and monitoring costs), as well as socio‐economic factors, were identified as of significant influence on farmers’ choices of cattle marketing channels.Research limitations/implications – Further research should be conducted to measure the effects of risk preference in marketing decisions. Caution needs to be exercised when generalising the findings of this study to cattle farmers in other regions that are significantly different from the surveyed ones.Practical implications – This study will contribute to a better understanding of cattle producers’ marketing channel selection. Further, it will contribute to identifying which factors encourage or discourage farmers from using forward contracts; information needed urgently by private and public policy makers.Originality/value – This paper presents a model and case study that show how transaction cost minimisation affects the adoption of vertical coordination. Studies examining this area for China are scarce and this paper makes an important contribution to the literature.

Established on the detailed exploration of Chinese ancient management philosophies (CAMPs), the purpose of this paper is to extract enlightenments from CAMPs to see whether there exist some similarities between CAMPs and contemporary human resources management thoughts (CHRMTs) and pinpoint CAMPs' implications on human resource management practices nowadays.

Inspired by Lao Tzu's “When we can lay hold of the Dao of old to direct the things of the present day, and are able to know it as it was of old in the beginning, this is called (unwinding) the clue of Dao”, the paper explores, categorizes and integrates wisdom stemmed from CAMPs to evaluate whether there exist some commonly accepted arguments between CAMPs and CHRMTs.

CAMPs which have been passed on by generations for the past 2,500 years in China provide firm ground for human resources management thoughts and practices development; CAMPs' emphasis on people's well cultured morality and highly developed virtues has kindled a light to illuminate human resources management practices, not only in the past but also in the future. CHRMTs' principles concerning “people‐centered strategies”, employee recruitment and selection strategies, employee training and education strategies, staffing as well as employee retention strategies, can all trace their sources from CAMPs.

The research on CAMPs is not only significant to complement and extend CHRMTs but also useful to direct current human resource management practices.

This study seeks to investigate the role and effect of national culture on internet use and access across countries and whether this is moderated by socio‐economic factors, specifically levels of education.

Hofstede's multidimensional framework serves as the conceptual basis for the study. Hierarchical multivariate regressions are conducted to test the hypothesized effects using a large‐scale secondary dataset representing socio‐economic structure and the penetration of the internet for 58 countries.

The results provide supporting empirical evidence linking nearly all of Hofstede's cultural dimensions to nations’ internet penetration either as main effects or as interactions with countries’ educational levels.

Limitations include the use of secondary data for a limited number of countries. Only the adoption and usage of one technological innovation – the internet – was investigated and only one social‐economic variable was examined for its moderating effect on the relationship between culture and internet access and usage. Future research will benefit from examining other potential factors such as a nation's demographic composition and their roles in adoption and diffusion of the Internet. In addition, Hofstede's framework is based on work related values of one business setting, which may not be representative of the entire national population, and may not overlap to other applications such as consumer behavior. Nonetheless, the framework has been tested with success in consumer research. Additional research on new technology adoption and diffusion could be conducted using other typologies of national cultural dimensions, such as the one developed by Schwartz. Managerial implications are discussed with respect to formulating effective marketing strategies for market entry, message design and promotional media choice.

The present study contributes to the literature on cross‐national internet use and access by incorporating the full range of Hofstede's cultural dimensions, along with a socio‐economic variable, a nation's educational level, as a moderating factor. The dependent variable, use and access of the internet, is measured using three different metrics, namely, internet usage, narrowband penetration and broadband penetration. In doing so, this study differs from and extends previous cross‐national research on internet adoption and diffusion.

This study aims to investigate the role and effect of national culture on social networking web sites (SNWs) use and access across countries while controlling for socio-economic factors, specifically networked readiness, level of education and mobile penetration.

Hofstede's multidimensional framework serves as the conceptual basis for the study. Hierarchical regressions are conducted to test the hypothesized effects of cultural dimensions beyond that of the control variables on the penetration of SNWs using a secondary dataset for 36 countries.

The results provide supporting empirical evidence linking three of Hofstede's cultural dimensions to nations' SNWs use and access.

Limitations include the use of secondary data for a limited number of countries. Only three social-economic variables were included as controls on the relationship between culture and SNWs access and usage. Future research will benefit from examining other cultural frameworks (such as Hall's classifications) and potential factors such as a nation's demographic composition and their roles in adoption and diffusion of the SNWs. Further research is needed to validate the results by including more nations and employing time-series data of social media penetration and diffusion.

Managerial implications are discussed with respect to formulating more effective online marketing strategies for brand engagement and promotional media choice by accommodating for cultural differences.

The paper's original contribution stems from the fact that little can be found in the literature about the influence of national culture on the use of social media. It attempts to establish the importance of understanding cultural impact on consumers' SNWs adoption behavior across countries.

This study examines the information transmission (return and volatility spillovers) among energy commodities (crude oil, natural gas, Brent oil, heating oil, gasoil, gasoline) and Asian stock markets which are net importers of energy (China, India, Indonesia, Malaysia, Korea, Pakistan, Philippines, Taiwan, Thailand).

The information transmission is investigated by employing the spillover index of Diebold and Yilmaz, using daily data for the period January 2000 to May 2021.

A Strong connectedness is documented between the two classes of asset, especially during crisis periods. Our findings reveal that most of the energy markets, except gasoil and natural gas, are net transmitters of information, whereas all the stock markets, excluding Indonesia and Korea, are net recipients.

The findings are helpful for portfolio managers and institutional investors allocating funds to various asset classes in times of crisis.

All data is original.

International e‐marketing is emerging as an important area for marketers, as global online markets expand. This special issue is an attempt to encourage, showcase, and guide research in the area of international e‐marketing.

In the editorial, Introduces the international e‐marketing framework (IEMF) as a guiding template for future research in international e‐marketing.

The IEMF should help shape scholarly inquiry in the domain of international e‐marketing, classify current intellectual contributions in this area and delineate the gaps in the literature.

The editorial presents the IEMF and classifies various papers in this issue using this framework. Finally, concludes with several compelling research questions to motivate future research in this area.