Risk-type preference shifts in response to performance feedback

2017 ◽  
Vol 16 (2) ◽  
pp. 141-166 ◽  
Author(s):  
Ronald Klingebiel

The behavioral literature examines how performance feedback drives risky change. In this conceptual article, I incorporate the overlooked alternative to risky change: not changing and the risk associated with such omission. After all, both commissions and omissions can have extensive outcome variability. I propose that firms alter their preference for the type or risk, depending on how well they fared with their previous preference. I then further qualify these shifts in two ways: I discuss the extent of risk that firms are likely to take in the form of omissions and commissions, respectively, and I consider the frequency and magnitude with which the shifts are likely to occur. Theory of risk-type preference shifts may explain and reconcile seemingly disparate prior findings on risk-taking in response to performance feedback. To facilitate future research on firm behavior and resource allocation in dynamic environments, I provide three testable propositions and suggest ways to operationalize the new constructs.

Author(s):  
Hans B. Christensen ◽  
Luzi Hail ◽  
Christian Leuz

AbstractThis study collates potential economic effects of mandated disclosure and reporting standards for corporate social responsibility (CSR) and sustainability topics. We first outline key features of CSR reporting. Next, we draw on relevant academic literatures in accounting, finance, economics, and management to discuss and evaluate the potential economic consequences of a requirement for CSR and sustainability reporting for U.S. firms, including effects in capital markets, on stakeholders other than investors, and on firm behavior. We also discuss issues related to the implementation and enforcement of CSR and sustainability reporting standards as well as two approaches to sustainability reporting that differ in their overarching goals and materiality standards. Our analysis yields a number of insights that are relevant for the current debate on mandatory CSR and sustainability reporting. It also points scholars to avenues for future research.


1987 ◽  
Vol 51 (3) ◽  
pp. 1-14 ◽  
Author(s):  
Noel Capon ◽  
Rashi Glazer

The authors present a case for integrating technology and marketing strategy as key elements that affect corporate success in rapidly changing environments. After describing the implications of technological change for firm behavior, the authors propose a framework for developing a technology strategy and introduce the technology portfolio. The technology portfolio serves both as a model for technological resource allocation and as an aid in choosing an optimal set of technologies from a set of feasible alternatives.


Author(s):  
Paige Clayton ◽  
Maryann Feldman

We review the literature on entrepreneurial team formation with a focus on data to study academic teams and summarize our empirical work on the life sciences industry. We consider how academics form teams to start new companies and the implications of various configurations on firm behavior with regards to patenting, survival and firm growth. We present several empirical challenges facing research on academic teams and conclude with suggestions for future research.


Author(s):  
Marcus Wolfe

The pursuit of entrepreneurship is often characterized by high levels of struggle and adversity, and even those who ultimately succeed in their entrepreneurial endeavors routinely experience failures and setbacks along the way. Therefore, it is likely that individuals who are more skilled at coping with, and conquering, such obstacles in their quest for success are more apt to enter, and be successful at, entrepreneurial careers. While several factors contribute to an individual’s ability to persevere through adversity and to continue to work to accomplish long-term goals, individual grit has garnered an increasing level of attention as a key element in such persistence, particularly in entrepreneurial contexts. Grit, conceptualized as an individual’s passion and perseverance in the pursuit of accomplishing long-term goals, can play several roles in the entrepreneurial process. While grit is a potential outcome of entrepreneurial passion, it also has important associations with several key entrepreneurial outcomes. For instance, given that entrepreneurship is linked with risk-taking, grit is an asset for individuals who chase entrepreneurial opportunities. Higher levels of risk incur a greater likelihood of failure, and the ability to persist with entrepreneurial initiatives in the face of failures is potentially bolstered by high levels of grit. Furthermore, persistence against adversity can often translate into improved venture performance as a result of entrepreneurs’ continued, focused efforts at developing and improving their new venture. Furthermore, grit may play an even more important role for individuals who face heightened levels of adversity during their entrepreneurial careers. Women and younger individuals often experience unique challenges that their counterparts who are men or older do not have to face. Therefore, having high levels of grit may be an advantage in women and youth. While the relationship between grit and entrepreneurship has gained considerable momentum as a topic of scholarly interest, there are important avenues available for future research to further develop understanding of the topic.


Author(s):  
Muhammad Irfan ◽  
Ayaz Ahmad ◽  
Raheel Ahmed

Single carrier frequency division multiple access (SC-FDMA) is a promising uplink transmission technique that has the characteristic of low peak to average power ratio. The mobile terminal uplink transmission depends on the batteries with limited power budget. Moreover, the increasing number of mobile users needs to be accommodated in the limited available radio spectrum. Therefore, efficient resource allocation schemes are essential for optimizing the energy consumption and improving the spectrum efficiency. This chapter presents a comprehensive and systematic survey of resource allocation in SC-FDMA networks. The survey is carried out under two major categories that include centralized and distributed approaches. The schemes are also classified under various rubrics including optimization objectives and constraints considered, single-cell and multi-cell scenarios, solution types, and perfect/imperfect channel knowledge-based schemes. The advantages and limitations pertaining to these categories/rubrics have been highlighted, and directions for future research are identified.


Author(s):  
Ionica Oncioiu ◽  
Diana Andreea Mândricel

The purpose of this study is to examine the effects of supervisor performance feedback, in terms of positive and negative communication behaviors and overall satisfaction, as perceived by the employees. The authors used a regression which revealed that the main purpose of the research model is to determine the best prediction for the dependent variable by giving a number of new values to the predictors. A clear additive effect of performance work on each of the employee perceptions on job intensity, stressors, and different forms of employee commitments is obtained by SPSS 13. At the same time, this model noted the necessity of explaining the behavior of a dependent variable, taking into account the factors that determine it. The results suggest that the supervisors' use of specific performance feedback may assist managers to implement a higher ratio of positive-to-negative communications with their employees. The implications of this study, as well as directions for future research, are also addressed.


Author(s):  
Boutheina Fessi ◽  
Yacine Djemaiel ◽  
Noureddine Boudriga

This chapter provides a review about the usefulness of applying data mining techniques to detect intrusion within dynamic environments and its contribution in digital investigation. Numerous applications and models are described based on data mining analytics. The chapter addresses also different requirements that should be fulfilled to efficiently perform cyber-crime investigation based on data mining analytics. It states, at the end, future research directions related to cyber-crime investigation that could be investigated and presents new trends of data mining techniques that deal with big data to detect attacks.


2020 ◽  
Vol 12 (12) ◽  
pp. 4989
Author(s):  
Rui Silva ◽  
Cidália Oliveira

Considering the current turbulent macroeconomic environment, the aim of this research is to explore the influence of innovation in tangible and intangible resource allocation. The literature underlines that organizations are facing a revolution in their business processes. As such, there is a need to understand the value of knowledge resources and to identify ways to manage them. This paper explores the field of resource allocation, namely dynamic capabilities, and highlights the importance of monitoring intangible resources. This research has three specific contributions. The first contribution provides a comprehensive picture of what has occurred in the field of tangible and intangible resource allocation, such as intellectual capital and its importance towards organizational performance. Secondly, it offers evidence about the actual need for performance measurement tools that foster intangible resource monitoring. Organizations devote special attention to market demands which consequently lead managers to adapt their strategies in areas concerning resource allocation. Given this importance, this research, comprising major innovative organizations in Portugal from diverse activity sectors, provides new insights and stresses the importance of tools to follow the overall performance of resource allocation. Managers of innovative organizations recognize the very powerful features of the Balanced Scorecard (BSC) in monitoring and linking strategic resources of both tangible and intangible natures. Thirdly, this research, with a view to enrich the field of intangible natures, points out some aspects for future research areas, bearing in mind the relevance of this research area confirmed by managers of the major innovative organizations. Thus, it provides prominent information for both academia and innovative organizations.


Author(s):  
Boutheina A. Fessi ◽  
Yacine Djemaiel ◽  
Noureddine Boudriga

This chapter provides a review about the usefulness of applying data mining techniques to detect intrusion within dynamic environments and its contribution in digital investigation. Numerous applications and models are described based on data mining analytics. The chapter addresses also different requirements that should be fulfilled to efficiently perform cyber-crime investigation based on data mining analytics. It states, at the end, future research directions related to cyber-crime investigation that could be investigated and presents new trends of data mining techniques that deal with big data to detect attacks.


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