Articles tagged with Business
Researchers found that similarity with a potential friend, the properties of a potential friend's network, and the potential friend's domain expertise are key drivers behind individuals' online friendship decisions. Having common interests and demographic traits improves the odds of two strangers becoming friends in an online community.
Research from Oregon State University shows that Americans judge the morality of armed self-protection on a case-by-case basis, considering factors like perceived threat and background of the person carrying the gun. The study highlights the complexity of consumer views on gun rights and Second Amendment rights.
Researchers found that specialized MLB pitchers perform better in their specialty after obligatory tasks outside of their specialization, such as batting. This phenomenon is known as 'forced task inferiority,' where underperformance in non-specialist tasks frustrates specialists and generates heightened drive that they can channel into...
Researchers found that manual labor's perceived meaning can predict the adoption of autonomous products. Consumers tend to reject these products due to a loss of meaning in life. Companies can highlight alternative sources of meaning to reduce negative effects on adoption.
New research on Russia's sanctions reveals that targeted firms temporarily suffered modest losses but eventually adapted by reorganizing subsidiaries, altering supply chains, or seeking government support. This suggests that economic sanctions are unlikely to deter or reverse aggressive actions by other countries.
A new study finds that placing discounted products next to regularly priced items can have both negative and positive effects on demand for other products. The Negative Proximity Effect decreases the sales of proximal products, while the Positive Proximity Effect increases their sales.
A study by Anne Jacqueminet and colleagues identifies three favorable patterns for positive media coverage: congruent signalers, balancing signalers, and firms using a combination of less credible signals. Highly credible third-party signals play a complex role in media perception, delivering a single congruent message.
A new study emphasizes the need for a more precise definition of circularity beyond metrics and indicators. The researchers propose a product-centric circularity scorecard that captures aspects of a product's environmental sustainability, focusing on production, use, and end-of-life.
A new study from the University of Texas at Austin found that internal job candidates are more likely to be promoted, even if they're less qualified than external candidates. The research showed that managers prefer to reward past effort and perceive it as a 'gift' that should be reciprocated.
Anita McGahan, a professor at the University of Toronto's Rotman School, has been recognized for her outstanding service to the field of strategic management. She will receive the William D. Guth Distinguished Service Award at the Academy of Management's annual meeting in August.
Illinois Tech researchers found that blockchain technology, investor sentiment, and economic stress are key predictors of bitcoin returns. Bitcoin's detachment from economic fundamentals makes it a poor safe-haven asset.
Researchers at Kaunas University of Technology identified four affordances of digital technologies facilitating business process integration: accessing, updating, sharing, and initiating. These mechanisms enable automation of information transfer, minimizing effort in business processes.
A study by University of Toronto researchers found that historical memories have a lasting impact on consumer behavior, particularly in the automotive industry. The research analyzed vehicle registration data and archival records to show how past conflicts can affect car sales, with Japanese cars experiencing significant drops in sales...
A new study from the University of Missouri found that government guarantees decrease the frequency of 'income smoothing' in financial reports. This practice, where banks delay reporting high income to smooth out volatility, is a form of manipulation that can impact market stability and investor confidence.
Online radiologists choose studies based on financial attractiveness, leading to delays in high-priority cases. This study found that expedited priority class contained the highest percentage of delayed studies.
Researchers found that commercial properties in New York and Boston traded at lower values after Hurricane Sandy, despite no direct damage. This shift in perception is likely due to professional investors responding to changing flood risk perceptions post-Sandy.
A Boston University-led study discovered that self-essentialist reasoning plays a crucial role in attraction. When individuals assume others share an underlying essence, they're more likely to form connections with them. However, this flawed thinking can restrict who we find attractive, as it's based on superficial similarities.
A new study from City University London suggests that the Research Excellence Framework (REF) has led to significant increases in high-quality published research, but not active academics. The study highlights areas of improvement needed in the assessment framework, including greater collaboration between domestic competitors.
Researchers identified two crucial drivers of brand extension success: parent brand equity and extension fit. The study suggests five groups of moderators to improve brand extension strategies.
A study by the University of Toronto found that intervening at the management practice level can empower workers and significantly raise wages in sustainable ways. H&M Group's initiative, which included workplace dialogue programs and wage management systems, resulted in a 5% average wage increase across 1800 factories in nine countries.
A new study found that job candidates who are exposed to social impact framing tend to refrain from negotiating for higher salaries due to feelings of discomfort. The researchers suggest that managers should be aware of this phenomenon and create greater transparency about company norms and values regarding compensation.
A new study by Duke University, University of Notre Dame, and Microsoft proposes a solution to reduce deceptive comparison pricing: requiring firms to disclose their true normal price. The study finds that providing this information can moderate the effect of advertised regular prices on consumer behavior.
Researchers found that disordered thrift shop displays can enhance perceptions of hidden treasure, but risk perceptions outweigh this effect, leading to a net negative impact on purchase likelihood. High inventory knowledge by sellers mitigates these risks, increasing perceptions of curated products and consumer trust.
A Bentley University study shows that the National Institutes of Health (NIH) invests similarly to the pharmaceutical industry in bringing new drugs to market. The NIH spent $187 billion on research related to FDA-approved drugs between 2010-2019, with an average investment per approved drug of $1.7 billion.
A UBC study found that employee layoffs have a strong impact on voluntary turnover among remaining employees, especially when high performers are let go without clear justification. The research suggests that organizations should prioritize clear communication and compassionate decision-making to avoid destabilizing their workforce.
Research finds that using unconventional spellings can lead to decreased consumer trust and loyalty, but may have positive effects in contexts where consumers seek a memorable experience. The study suggests caution for firms launching new brands with unusual spellings.
A study of working men in Japan, Taiwan, and South Korea found that alcohol-tolerant individuals do not earn more than their intolerant colleagues. Despite the cultural pressure to drink, better social drinkers did not experience a wage premium in terms of working hours or earnings.
Computational heuristics like Grey Wolf Optimizer and Whale Optimization Algorithm offer fast solutions to complex supply chain problems, providing accurate results within a shorter time frame. The research suggests these tools can be a valuable addition to supply chain management, especially in responding to unexpected disruptions.
The study measures digital transformation of Chinese commercial banks using an index system, finding a significant increase in digital transformation from 2010 to 2018. Digital transformation enhances profitability, bank efficiency, and reduces competitive pressure, enabling banks to gain a competitive advantage in the digital era.
The study reveals that no single practice is sufficient for great innovation performance. Best companies focus on radical innovation, are risk-takers, and employ long-term strategies. They also develop new products significantly faster than the Rest.
The University of Huddersfield is offering two bespoke apprenticeship programmes for health and social care leaders, tailored to their needs. The programmes will last 13 months and are fully funded by the Apprenticeship Levy.
A new study published in Strategic Management Journal found that organizations serving more difficult customer needs tend to defer investment, while those addressing easier problems accelerate adoption of the same technology. The researchers emphasized the importance of letting customers drive strategy around adopting a technology, reg...
A new study published in Global Strategy Journal highlights the importance of a physical presence in foreign markets for born digital firms. The research found that these firms are more likely to deploy foreign direct investment in far-away and culturally different countries to overcome geographical and cultural challenges.
New research finds that most corporations that face significant inflation risk have failed to disclose it, causing $0.9 trillion to $2.8 trillion in shareholder damages. Companies with high exposure to inflation risk have seen their share prices drop following inflation shocks.
New research suggests that disconnecting from work at home can boost a leader's energy and effectiveness the next day. Managers who ignored their work email at home felt more refreshed and were rated as effective leaders by their employees.
Researchers found that membership-based free shipping (MFS) can increase net customer revenue by up to 12.75%, as heavy buyers consolidate their spending after enrollment. Light buyers contribute the highest percentage change in revenue contribution, while heavy buyers may exploit free shipping benefits and lose money for retailers.
A new study calls for internet access to be declared a basic human right to address socio-economic disparities. In developing countries, internet access can determine education, healthcare, housing, and employment outcomes. The study advocates for free internet access and digital skills training to ensure equal opportunities.
A study of UAE firms found that gender-diverse senior management teams deliver value and innovation contributing to the United Nations' Sustainable Development Goals. This is attributed to their ability to respond effectively to changing economic environments.
Research shows that SEC challenges can influence how CEOs and CFOs communicate with investors and analysts in private meetings. A study found that the effectiveness of regulatory enforcement depends on perception of the SEC's ability to enforce regulations.
A new study examines how socialization impacts gender-based research in marketing, finding that most studies focus on differences between men and women, with few exploring social construction of gender experiences and identities. Researchers recommend more diverse and inclusive methods to reflect current gender expressions.
A recent study published in PLOS ONE found that academic institutions receive significantly lower royalty rates, total payments, and pre-commercial payments for biotechnology licenses compared to commercial firms. The disparities were observed even after accounting for differences in product stage development.
Researchers found that syntactic surprise, a measure of unexpected word arrangement, significantly improves marketing message efficacy. The optimal level of syntactic surprise falls within the middle range, with messages being most effective at a medium level.
A new study by Florida Atlantic University suggests that monetary policy can impact pollution, with domestic effects being more significant than international spillovers. The research found that changes in the US Fed's interest rates can reduce CO2 emissions in the short run, but not necessarily in the long run.
The unemployment rate for persons with disabilities in the US is more than double that of those without a disability, particularly youth. New research highlights the importance of community and business awareness of vocational services to increase work participation and quality of life.
A new study by the University of East Anglia found that large infrastructure projects can create lasting local impact when they offer place-based micro-enterprise training and employment support. The project, INCREASE VS, has helped over 4,500 participants start their own businesses and access work and education opportunities.
Researchers found that marketing diet or sugar-free versions does not increase overall turnover, but reducing package size leads to an increase in sales figures. Smaller packages also work better when marketed as a fun alternative.
A new study found that acquisitions in the biopharmaceutical industry can disrupt trust and knowledge exchange routines between companies, leading to a higher risk of alliance termination. The odds of termination for exposed alliances are 11% greater than for unexposed ones.
Research using artificial intelligence analyzed nearly 400,000 customer reviews to identify key themes and customer sentiment towards airlines. The study found that customers commonly complained about lost luggage, uncomfortable seating and flight cancellations, but praised in-flight entertainment, ground staff and business-class servi...
A new study found that working for a big company or in an HR role does not lower the likelihood of showing unconscious bias against disabled people at work. Despite large firms' efforts to address EDI and unconscious bias through training, levels of implicit bias remain roughly the same across different sized companies.
A new study found that managers target loyal workers for exploitative practices, such as unpaid work and extra job tasks. The study suggests that loyalty can lead to a vicious cycle where loyal workers are more likely to be exploited and then become even more loyal, making them more susceptible to exploitation in the future.
Professor Liyan Yang, a leading expert in financial markets and institutions, has been awarded the Bank of Canada's prestigious Fellowship Award. The award recognizes his groundbreaking research on investor interactions and its impact on regulatory policy and economic welfare.
A new study by the University of East Anglia reveals the struggles faced by trans and non-binary employees in the workplace, including stigma, harassment, and lack of inclusivity. The research emphasizes the need to challenge binary gender norms to create a more welcoming environment.
Researchers examine how sugar reduction strategies affect new product sales, finding that smaller package sizes perform better than regular sizes. Sugar reductions work better if they do not overemphasize the reduced sugar content in new additions.
Researchers developed a framework highlighting four facets of honest behavior: intellectual honesty, honest content, honest disclosure, and honest delivery. These elements are crucial for fostering accurate beliefs, understanding, and truthful communication.
Research by University of Missouri expert Naresh Khatri shows that companies with effective HR and IT departments thrive when allowing employees to work from home. Employees can complete collaborative tasks with similar quality and quantity, regardless of location.
Researchers find that fact-based appeals are more effective when the goal is near completion, while affect-based appeals match people's feelings-oriented psychological state and are better suited for shorter-term goals. The study advances understanding of persuasive messages in collective goals and provides key insights for marketers.
New research reveals that gender targets in the Australian public service do not lead to expected improvements in gender equity for women in leadership. The study suggests that effective policies, such as having at least two women on shortlists and leadership training, are crucial to increasing female representation in senior roles.
A new study found that consumers prefer conventional spelling over unconventional ones for brand names. In various studies, participants showed less positive responses to brands with misspelled names, perceiving them as less sincere and more gimmicky. Established brands may still benefit from non-standard spellings in certain contexts.
Researchers analyzed 140,000 patient records and TV ads from Florida to investigate the effectiveness of DTCA for robotics surgery. The study found that patients exposed to robotic surgery advertising were more likely to choose it over conventional laparoscopic and open surgeries. Additionally, hospital marketers can use DTCA to sway p...
A team of researchers from Rensselaer Polytechnic Institute has developed a system to optimize TV ad scheduling, resulting in a 3-5% revenue increase for networks. The model combines mathematical programming and machine learning to assign ads to specific breaks and positions.