The spillover effect of product recalls on competitors’ market value: The role of corporate product reliability

We attempt to provide a novel antecedent of corporate social responsibility (CSR) by focusing on the role of CSR awards. Specifically, we investigate how competitors’ winning CSR awards incentivize non-winning firms’ CSR as a competitive catch-up. Using a difference-in-differences research design, we find that non-winners improve their CSR after their competitors have won CSR awards. Furthermore, based on the awareness-motivation-capability (AMC) framework from the competitive dynamics literature, we find that the media visibility of award winners, the performance gap of non-winners with award winners, and the prior CSR of non-winners strengthen the CSR competitive catch-up behaviors. Findings from this study contribute to the CSR research by highlighting the spillover effect of CSR awards as a meaningful event in incentivizing non-winning firms’ CSR and extending the AMC framework to explain the contingency factors of competitive catch-up in the context of CSR research.

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Authentication and Traceability Study on Barbera d’Asti and Nizza DOCG Wines: The Role of Trace- and Ultra-Trace Elements

Beverages ◽

10.3390/beverages6040063 ◽

2020 ◽

Vol 6 (4) ◽

pp. 63

Author(s):

Maurizio Aceto ◽

Federica Gulino ◽

Elisa Calà ◽

Elisa Robotti ◽

Maurizio Petrozziello ◽

...

Keyword(s):

Inductively Coupled Plasma ◽

Multivariate Data Analysis ◽

Market Value ◽

Elemental Distribution ◽

Average Price ◽

Chemical Markers ◽

Grape Variety ◽

Inductively Coupled ◽

Ultra Trace

Barbera d’Asti—including Barbera d’Asti superiore—and Nizza are two DOCG (Denominazione di Origine Controllata e Garantita) wines produced in Piemonte (Italy) from the Barbera grape variety. Differences among them arise in the production specifications in terms of purity, ageing, and zone of production, in particular with concern to Nizza, which follows the most stringent rules, sells at three times the average price, and is considered to have the highest market value. To guarantee producers and consumers, authentication methods must be developed in order to distinguish among the different wines. As the production zones totally overlap, it is important to verify whether the distinction is possible or not according to metals content, or whether chemical markers more linked to winemaking are needed. In this work, Inductively Coupled Plasma (ICP) elemental analysis and multivariate data analysis are used to study the authentication and traceability of samples from the three designations of 2015 vintage. The results show that, as far as elemental distribution in wine is concerned, work in the cellar, rather than geographic provenance, is crucial for the possibility of distinction.

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Business Graduate Market Value

Advances in Logistics, Operations, and Management Science - Diverse Contemporary Issues Facing Business Management Education ◽

10.4018/978-1-4666-6449-4.ch012 ◽

2014 ◽

pp. 191-206

Author(s):

Diana Bank

Keyword(s):

Higher Education ◽

Human Resources ◽

Emerging Markets ◽

Intercultural Communication ◽

Higher Education Institutions ◽

Market Value ◽

Educational Opportunities ◽

Highly Qualified ◽

Working World

This chapter discusses the purpose and role of higher education institutions in the creation of highly qualified human resources for the globalized 21st century. As technology and societies change and evolve, universities must adapt and modify their offerings to students who need to be more marketable in an ever more competitive marketplace. As economic conditions have propelled emerging economies as the main engines of growth for the next decades, it is imperative the higher education institutions in the form of business schools, both in developed and emerging markets, create the necessary background and educational opportunities for young students entering the working world. These will include skills in intercultural communication and strategy, as well as new and different ways of negotiating between countries and among companies.

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The Dynamics of the Global Value Chains and Disruptive Technologies

Advances in Business Strategy and Competitive Advantage - Impact of Disruptive Technologies on the Sharing Economy ◽

10.4018/978-1-7998-0361-4.ch012 ◽

2021 ◽

pp. 203-217

Author(s):

Michael Oluwaseun Olomu

Keyword(s):

Large Population ◽

Spillover Effect ◽

Global Value Chains ◽

Value Chains ◽

Competitive Advantages ◽

African Countries ◽

Disruptive Technologies ◽

Conceptual Shift ◽

Innovation Practices

The advents of GVCs and disruptive technologies have provided alternative paths to industrialization and economic development for African countries, and with the transformation to digitalization now well under way, another conceptual shift is required to understand the evolving role of disruptive technologies in GVCs. It is evident that technological breakthroughs in the global markets have a spillover effect in the structural settings of African economies value chains, as lower tariffs and rapid technological changes have fragmented production across borders, but some African countries remain marginalized in GVCs. This study, therefore, attempts to preliminarily explain how African economies and markets capture value from disruptive technologies and create their competitive advantages within the global value chains context from the perspective of business-model innovation practices in African markets. Thus, developing African firms should not ignore those disruptive growth opportunities within the large population of mass customers and non-consumers in emerging economies.

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R&D volatility and market value: the role of executive overconfidence

Chinese Management Studies ◽

10.1108/cms-05-2019-0170 ◽

2019 ◽

Vol 14 (2) ◽

pp. 411-431

Author(s):

Benlu Hai ◽

Qingzhu Gao ◽

Ximing Yin ◽

Jin Chen

Keyword(s):

Business Performance ◽

Positive Impact ◽

Market Value ◽

Data Set ◽

Content Type ◽

Dynamic Perspective ◽

Innovation Strategies ◽

The Impact ◽

The Relationship

Purpose Significant increase or decrease in research and development (R&D) expenditure may have an immense impact on market value. Based on the punctuated equilibrium theory, this paper aims to empirically analyze the impact of R&D volatilities on market value and the moderating effect of executive overconfidence. Design/methodology/approach The study uses the panel data set that covers 902 Shanghai and Shenzhen A-share manufacturing listed firms and multiple regression method to test the theoretical hypotheses. Findings The results show that both positive and negative R&D volatilities have a robust and significant positive impact on the market value. Further analysis shows that the executive overconfidence positively moderates the relationship between R&D volatilities and market value. Research limitations/implications In a rapidly changing and highly competitive environment, firms should recognize that the balance of innovation strategies will help to bring higher market value. Furthermore, firms could improve corporate governance to make the best of managerial characteristics, such as overconfidence, on the innovation decision-making process. Originality/value By pushing the static perspective to a dynamic perspective and empirically documenting the role of executive overconfidence, this study contributes to the literature on the relationship between R&D expenditure and market value, generating theoretical and practical insights for firms to improve innovation governance and innovation strategies to achieve better business performance.

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Effect of stretch goals on work–family conflict

Chinese Management Studies ◽

10.1108/cms-06-2019-0240 ◽

2020 ◽

Vol 14 (3) ◽

pp. 737-749 ◽

Cited By ~ 2

Author(s):

Chang Chen ◽

Zhe Zhang ◽

Ming Jia

Keyword(s):

Family Conflict ◽

Spillover Effect ◽

Resource Scarcity ◽

Conservation Of Resources ◽

Work Family Conflict ◽

Content Type ◽

Paradox Theory ◽

Work Family ◽

Mind Set

Purpose The purpose of this paper is to examine the destructive effects of stretch goals on employees’ work–family conflict (WFC). Drawing on the conservation of resources (COR) theory, this study examines the mediating role of resource scarcity. By integrating the paradox theory with the COR theory, this study explores the moderating role of employees’ paradox mind-set. Design/methodology/approach Two-wave data were collected from a sample of MBA students in Northwestern China (N = 294). PROCESS was used to assess a moderated mediation model. Findings This study found a positive relationship between stretch goals and WFC, and resource scarcity mediated this relationship. For employees with a high paradox mind-set, the relationship between resource scarcity and WFC was weak; and the indirect effect of stretch goals on WFC via resource scarcity was weak. Practical implications Organizations should provide enough resources to employees when using stretch goals. Human resource managers could recruit candidates with high paradox mind-set and foster employees’ paradox mind-set through training. Originality/value This study makes contributions to the literature on stretch goals by examining the negative spillover effect of stretch goals on the family domain and exploring the mediating mechanism. This study also extends the paradox theory by using it at micro level to address questions on WFC.

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Increasing Integrated Circuit Product Reliability Through Failure Analysis: The Role of the Independent Laboratory

IEEE Transactions on Manufacturing Technology ◽

10.1109/tmft.1977.1136227 ◽

1977 ◽

Vol 6 (1) ◽

pp. 7-8 ◽

Cited By ~ 1

Author(s):

H. Edfors

Keyword(s):

Failure Analysis ◽

Integrated Circuit ◽

Product Reliability ◽

Independent Laboratory

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The Relationship Between Financial Flexibility and Market Value Added: The Mediation Effect Role of the Corporate Size (A Practical Study on a Sample of Jordanian Industry Sector Firms)

International Journal of Economics and Finance ◽

10.5539/ijef.v13n1p52 ◽

2020 ◽

Vol 13 (1) ◽

pp. 52

Author(s):

Arshed Fouad Altameemi

Keyword(s):

Firm Size ◽

Stock Exchange ◽

Value Added ◽

Market Value ◽

Mediation Effect ◽

Financial Flexibility ◽

Corporate Size ◽

Market Value Added ◽

The Relationship

The current study aims at testing the effect of ‘Financial Flexibility’ (FF) on the market value-added by the firm size as a mediator variable. This study’s statistic sample consists of 26 companies listed on the Amman stock exchange from 2010 to 2019. The FF and market value-added are independent and dependent variables, respectively. The data analysis was done by the Baron - Kenny methodology (1986) and Sobel-Test to analyze the hypothesizes based on the corporate size’s mediation effect role. The results concluded from the study of the effect of the company size on the relationship between FF and market value-added stated that the FF has a positive statistically significant impact, and there a partial mediation of the firm size effect upon this relationship due to the mediation effect is statistically significant based on Sobel test.

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