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1 – 10 of 622Considering the frequency of extreme events, enhancing the global financial system's stability has become crucial. This study aims to investigate the contagion effects of extreme…
Abstract
Purpose
Considering the frequency of extreme events, enhancing the global financial system's stability has become crucial. This study aims to investigate the contagion effects of extreme risk events in the international commodity market on China's financial industry. It highlights the significance of comprehending the origins, severity and potential impacts of extreme risks within China's financial market.
Design/methodology/approach
This study uses the tail-event driven network risk (TENET) model to construct a tail risk spillover network between China's financial market and the international commodity market. Combining with the characteristics of the network, this study employs an autoregressive distributed lag (ARDL) model to examine the factors influencing systemic risks in China's financial market and to explore the early identification of indicators for systemic risks in China's financial market.
Findings
The research reveals a strong tail risk contagion effect between China's financial market and the international commodity market, with a more pronounced impact from the latter to the former. Industrial raw materials, food, metals, oils, livestock and textiles notably influence China's currency market. The systemic risk in China's financial market is driven by systemic risks in the international commodity market and network centrality and can be accurately predicted with the ARDL-error correction model (ECM) model. Based on these, Chinese regulatory authorities can establish a monitoring and early warning mechanism to promptly identify contagion signs, issue timely warnings and adjust regulatory measures.
Originality/value
This study provides new insights into predicting systemic risk in China's financial market by revealing the tail risk spillover network structure between China's financial and international commodity markets.
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Hai Pham, Tho Pham and Chau Ngoc Dang
This study aims to empirically investigate the impact of barriers (i.e. organizational and industrial barriers, corporate social responsibility (CSR) characteristics) on CSR…
Abstract
Purpose
This study aims to empirically investigate the impact of barriers (i.e. organizational and industrial barriers, corporate social responsibility (CSR) characteristics) on CSR practices and the roles of education and government support in mitigating these barriers. In addition, the positive effect of CSR practices on social sustainability performance (SSP) is examined.
Design/methodology/approach
A framework of hypotheses between barriers, CSR practices and SSP is established. Using a survey questionnaire, empirical data are collected from 17 construction firms in Vietnam. PLS-SEM is used to test the proposed hypotheses.
Findings
The results indicate that organizational and industrial barriers negatively affect CSR practices. This study also finds that education and training and government support could enable construction firms to reduce the impact of such barriers.
Research limitations/implications
The data are collected in Vietnam; thereby the findings are only applicable in developing countries. Further research should also be conducted in other countries to improve the generalizability of the theoretical framework.
Practical implications
The findings of this study suggest that construction firms could apply several strategies (e.g. providing their employees with CSR training and education; embedding CSR into their firm policy, mission and vision) to mitigate the impact of CSR barriers and, accordingly, ensure the success of adopting CSR practices.
Originality/value
This study is one of the first efforts in the construction industry that empirically investigates the impact of barriers on CSR practices and the moderating effects of training and education as well as government support.
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The purpose of this paper is to update a previous review work (Abu-khader, 2006, Heat & Mass Transfer, Vol. 43 No. 2, pp. 123-134) and highlight the new research methods on the…
Abstract
Purpose
The purpose of this paper is to update a previous review work (Abu-khader, 2006, Heat & Mass Transfer, Vol. 43 No. 2, pp. 123-134) and highlight the new research methods on the use of twisted tapes and the application of different configurations of these tape inserts. Also, based on a vast collection of experimental data in open literature, generalized Nusselt number (Nu) and friction factor (f) correlations as the function of twist ratio were developed with maximum error around ± 15 per cent. The present paper examines several case studies which apply complex configurations of twisted inserts.
Design/methodology/approach
Using the developed correlations, an equivalent Nusselt number and friction factor of typical type twist insert were generated which achieved the same performance of each complex configuration.
Findings
The open literature contains large number of wired and complex configurations of twisted tape inserts. Their applicability to real industrial use is questionable.
Originality/value
This paper presents an up-to-date review on the use of twisted tape in research, highlights the different tape configurations and proposes general correlations for traditional twisted tape inserts.
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Chengcheng Liao, Xin Wen, Shan Li and Peiyuan Du
Companies increasingly leverage artificial intelligence (AI) to enhance human performance, particularly in e-commerce. However, the effectiveness of AI augmentation remains…
Abstract
Purpose
Companies increasingly leverage artificial intelligence (AI) to enhance human performance, particularly in e-commerce. However, the effectiveness of AI augmentation remains controversial. This study investigates whether, how and why AI enhances human agents’ sales through a randomized field experiment.
Design/methodology/approach
This study conducts a two-by-two factorial randomized field experiment (N = 1,090) to investigate the effects of AI augmentation on sales. The experiment compares sales outcomes handled solely by human agents with those augmented by AI, while also examining the moderating effect of agents’ experience levels and the underlying mechanisms behind agents’ responses.
Findings
The results reveal that AI augmentation leads to a significant 5.46% increase in sales. Notably, the impact of AI augmentation varies based on agents’ experience levels, with inexperienced agents benefiting nearly six times more than their experienced counterparts. Mediation analysis shows that AI augmentation improves response timeliness, accuracy and sentiment, thereby boosting sales.
Originality/value
This study highlights the role of AI augmentation in human–AI collaboration, demonstrates the varying impacts of AI augmentation based on agents’ experience levels and offers insights for organizations on how to regulate AI augmentation to enhance agent responses and drive sales.
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Olli Suominen, Johanna Kallo, Risto Rinne and Yihong Fan
Different aspects of the globalisation of Chinese basic education have been examined in recent studies. This paper aims to contribute to this research base by examining the…
Abstract
Purpose
Different aspects of the globalisation of Chinese basic education have been examined in recent studies. This paper aims to contribute to this research base by examining the relationship between global quality assurance and evaluation (QAEVAL) trends and reforms in the Chinese basic education system.
Design/methodology/approach
Relevant research literature in English and Chinese was reviewed to assesses whether a movement of increasing convergence with global QAEVAL policy contents and policy instruments has taken place in China following the introduction of the so-called “equality education”. A guiding theory regarding the basic features of QAEVAL was used to conceptually structure the findings of the authors.
Findings
The findings indicate that several subtle convergences are evident in China with global trends in QAEVAL, but a few notable exceptions are also evident.
Research limitations/implications
Albeit the research indicates certain convergence, the authors acknowledge that further research is still needed to examine causal mechanisms of QAEVAL policy convergences and the processes and logic through which global trends are localised.
Originality/value
Both the importance of QAEVAL in global education governance as well as China’s importance to world affairs are increasing. However, so far, the effects of QAEVAL policies on China’s education system have not been thoroughly examined. This paper can serve as a concise starting point for examining the topic more deeply.
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Xin Zhao, Na Fu and Xiaoning Liang
Team leaders play a vital role in achieving superior team performance. However, their role in implementing the organizational customer orientation strategy is not well understood…
Abstract
Purpose
Team leaders play a vital role in achieving superior team performance. However, their role in implementing the organizational customer orientation strategy is not well understood. Drawing on social exchange theory, this study investigates how team leader customer orientation affects team customer orientation climate and team performance (i.e. customer satisfaction) as well as the moderating role of transformational leadership in such effect.
Design/methodology/approach
This study builds on survey data collected from matched team leaders, employees and customers nested in 81 service teams and employs hierarchical multiple regression analysis to test the hypotheses.
Findings
The findings indicate that team leader customer orientation increases team customer orientation climate, which leads to a higher level of customer satisfaction. Leaders' transformational leadership moderates the link between a leader customer orientation and team customer orientation climate in an unexpected way. When a team leader is transformational, the team customer orientation climate is enhanced, regardless of the level of team leader customer orientation. When a team leader's transformational leadership is low, the higher leader customer orientation is and the higher team customer orientation climate is.
Originality/value
This study contributes to the customer orientation, transformational leadership and service literature by unraveling team leaders' roles in boosting team customer orientation climate and team effectiveness.
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Jingjing Yang and Hao-Chang Sung
We analyze the economic consequence of government intervention on the incidence of accounting fraud and audit fees of both Big 4 and local big auditors on Chinese audit market in…
Abstract
We analyze the economic consequence of government intervention on the incidence of accounting fraud and audit fees of both Big 4 and local big auditors on Chinese audit market in the period 2006–2013. In 2009, Chinese government issued favorable polices to local big auditors and required certain Chinese companies to give priority to these auditors. We find that market share of Big 4 auditors is quite stable before and after government intervention, but market share of local big auditors increases at the cost of local small auditors after intervention. Although audit fee premiums of both local big and Big 4 auditors have increased after intervention, the positive effect of local big auditors on audit fee premiums has significantly decreased. Further, both Big 4 and local big auditors are not likely to reduce the incidence of accounting fraud in pre- and post-intervention period. Our results suggest that Chinese government support to local auditors does not significantly enhance these auditors’ competitiveness in terms of audit fee and audit quality.
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Chen Yang, Lu Zhang, Xuehang Ling, Xin Qin and Mingyue Li
Digital product and service innovations (DPSI) has attracted widespread attention from both management scholars and practitioners. Previous studies have documented that…
Abstract
Purpose
Digital product and service innovations (DPSI) has attracted widespread attention from both management scholars and practitioners. Previous studies have documented that information technology (IT) capability and digital orientation positively influence DPSI performance. However, the question of whether and how digitalization capability can facilitate DPSI performance remains unresolved. This paper fills these gaps by investigating the mediating role of improvisation capability and the moderating role of technological turbulence.
Design/methodology/approach
This study used two-wave data from 240 matched digital transformation department leaders and senior managers from Chinese firms and examined the hypotheses deploying hierarchical regression and bootstrapping.
Findings
Our analyses reveal positive, significant links between digitalization capability and improvisation capability and between improvisation capability and DPSI performance. The findings further show that the effect of digitalization capability on DPSI performance is partially mediated by improvisation capability and that technological turbulence strengthens the indirect relationship between digitalization capability and DPSI performance through improvisation capability.
Originality/value
Integrating resource-based view, this research provides evidence that the extent to which improvisation capability mediates the relationship between digitalization capability and DPSI performance depends on technological turbulence. It provides a new direction for digitalization capability and DPSI performance.
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Dongmin Zhang, Zihui Fang and Min Liao
Educational accountability and student achievement polarization, which result in high dropout rates, pose significant challenges and pressures on teachers' pedagogical leadership…
Abstract
Purpose
Educational accountability and student achievement polarization, which result in high dropout rates, pose significant challenges and pressures on teachers' pedagogical leadership. Whether pedagogical leadership, which originates in the Western educational environment, can significantly improve student achievement in Chinese high schools remains unclear. This concept has not yet been fully explored in the Chinese educational environment, and its direct impact on student achievement and the mediating role of English teaching methods remain to be investigated. However, existing research has concentrated on the effectiveness of principals' pedagogical leadership, with variations in teachers' pedagogical leadership practices. Many reform measures have been implemented in China to improve student achievement, but past educational practices have analyzed the impact on student achievement from a single instructional leadership, school capital or teaching method perspective. Furthermore, there is a lack of multidimensional and systematic assessments of the direct effects of teacher pedagogical leadership on student achievement and the mediating effects of English teaching methods.
Design/methodology/approach
To address this gap, this study analyzed the impact of teachers' pedagogical leadership on student achievement and the mediating effect of English teaching methods with the support of the theory of action for teacher leadership, specifically using pedagogical leadership and English teaching methods models.This study conducted a questionnaire survey of 968 participants in Taian City, China, and quantitatively analyzed the data using SmartPLS structural equation modeling (SEM).
Findings
This study revealed that pedagogical leadership has a positive direct effect on student achievement. Meanwhile, among the four mediating factors, the Direct Method, Audio-Lingual Method and Communicative Language Teaching had significant mediating effects.
Originality/value
This study shows that the effective use of academic and professional capital allocation in pedagogical leadership, combined with effective measures of using multiple effective English teaching methods, helps achieve high-quality student achievement.
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Sin-Er Chong, Siew-Imm Ng, Norazlyn Kamal Basha and Xin-Jean Lim
By integrating the Uses and Gratifications Theory and Flow Theory, this research seeks to untwine the veiled effects of interactive commerce enhancements (ICEs), specifically…
Abstract
Purpose
By integrating the Uses and Gratifications Theory and Flow Theory, this research seeks to untwine the veiled effects of interactive commerce enhancements (ICEs), specifically haptic imagery and social presence, in promoting user immersion and sustaining social commerce (SC) users' usage intention, considering the moderating role of autotelic personality.
Design/methodology/approach
The research utilized purposive sampling of Malaysian SC app users with recent transactions. A dual-source data collection approach, encompassing offline and online channels, was employed to ensure a broad and diverse respondent pool. Partial least squares–structural equation modeling was chosen for its adeptness in analyzing complex relationships in predictive studies.
Findings
The findings revealed the significant positive effects of haptic imagery and social presence on user immersion and continuance intention within SC apps. Social presence and immersion were found to mediate the proposed paths. Additionally, autotelic personality traits were identified as moderators, influencing the strength of these relationships.
Originality/value
This research makes a unique contribution by addressing critical gaps in SC environments, extending the concept of ICEs, understanding the impacts of underlying mediators and pioneering the examination of autotelic personality traits' moderating effects. It introduces a fresh perspective on how individual differences impact user engagement. This groundbreaking study benefits social media and interactive marketing literature by comprehensively understanding how ICEs elevate SC, fostering innovation and heightened engagement.
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