scholarly journals Initial coin offerings and the cryptocurrency hype - the moderating role of exogenous and endogenous signals

Author(s):  
Ferdinand Thies ◽  
Sören Wallbach ◽  
Michael Wessel ◽  
Markus Besler ◽  
Alexander Benlian

AbstractInitial coin offerings (ICOs) have recently emerged as a new financing instrument for entrepreneurial ventures, spurring economic and academic interest. Nevertheless, the impact of exogenous and endogenous signals on the performance of ICOs as well as the effects of the cryptocurrency hype and subsequent downfall of Bitcoin between 2016 and 2019 remain underexplored. We applied ordinary least squares (OLS) regressions based on a dataset containing 1597 ICOs that covers almost 2.5 years. The results show that exogenous and endogenous signals have a significant effect on the funds raised in ICOs. We also find that the Bitcoin price heavily drives the performance of ICOs. However, this hype effect is moderated, as high-quality ICOs are not pegged to these price developments. Revealing the interplay between hypes and signals in the ICO’s asset class should broaden the discussion of this emerging digital phenomenon.

2018 ◽  
Vol 40 (1) ◽  
pp. 48-84 ◽  
Author(s):  
Kevin Shafer ◽  
Brandon Fielding ◽  
Erin K. Holmes

While, overall, fathers have become more involved as parents, there may be significant variability in how involved fathers are in the lives of their children. This study examines how paternal depression and masculine norm adherence affect father involvement. Using new data from the Survey of Contemporary Fatherhood ( N = 2,181) and ordinary least squares regression models, we focus on the effect of depression on four measures of fathering behavior, with masculine norm adherence as a moderator. Results indicated that depression and masculinity had independent effects on father involvement. Furthermore, masculinity moderated the effect of depression for warmth, engagement, and use of harsh parenting—but not positive control. These results have important implications for how we think about the impact of depression on parenting and the role of socialized response in understanding fathering outcomes.


2019 ◽  
Vol 12 (2) ◽  
Author(s):  
Bibi Tahira ◽  
Naveed Saif ◽  
Muhammad Haroon ◽  
Sadaqat Ali

The current study tries to understand the diverse nature of relationship between personality Big Five Model (PBFM) and student's perception of abusive supervision in higher education institutions of Khyber Pakhtoonkhwa Pakistan. Data was collected in dyads i.e. (supervisors were asked to rate their personality attributes while student were asked to rate the supervisor behavior) through adopted construct. For this purpose, data was collected from three government state universities and one Private Sector University. The focus was on MS/M.Phill and PhD student and their supervisors of the mentioned universities. After measuring normality and validity regression analysis was conducted to assess the impact of supervisor personality characteristics that leads to abusive supervision. Findings indicate interestingly that except agreeableness other four attributes of (PBFM) are play their role for abusive supervision. The results are novel in the nature as for the first time Neuroticism, openness to experience, extraversion and conscientiousness are held responsible for the abusive supervision. The study did not explore the demographic characteristics, and moderating role of organizational culture, justice and interpersonal deviances to understand the strength of relationship in more detail way. Keywords: Personality big five model, abusive supervision, HEIs


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