Articles tagged with Business
A study found that customers are more willing to provide written compliments and complaints using AI-powered tablets rather than leaving videos. The researchers suggest that methods requiring 'low self-disclosure' would work better for customer feedback.
The book provides a systematic analysis of the Chinese credit bond market, covering institutional, technological, macroeconomic, and microeconomic factors. It offers tools for investors, fund managers, researchers, and university students to understand the market's evolution, existing problems, and development direction.
The University of Houston is part of a $30 million DOD grant to enhance national security through community investments. The grant will support the development of novel advanced manufacturing methods to ensure a stable supply of domestically produced high-quality tactical alloys critical for national defense.
A new study finds that regulated cryptocurrencies create the most efficient markets, providing protection for investors. Unregulated ICOs were found to be the least efficient, while IEOs and exchange-based regulation approached traditional stock market levels of efficiency.
New research from Texas McCombs found that startups have an outsized number of future citations, sparking more innovation in emerging industries like photovoltaic cells. Startups' inventions are more likely to be cited by universities and companies due to resource disparities, academic citations, and prior lawsuits.
Patricia Saputo donates $5 million to University of Ottawa's Telfer School of Management for a new endowed chair in family enterprise, aiming to develop best practices and empower next-generation families. The gift will support long-term research projects and training programs to navigate generational transitions and market changes.
A new study finds that widespread remote work adoption due to COVID-19 increased productivity among workers at home, but reduced collaborative work efficiency in the office. This shift led to higher housing costs in areas near downtowns and outer suburbs, as well as a widening of income inequality.
A study found that firms can increase promotion and uptake of training programs by framing them in relational terms, strengthening the bond between worker and company. This approach signals a commitment to nurturing workers' development, leading to prolonged productivity collaborations.
Researchers developed an AI framework to identify vulnerable consumers, address their needs, and mitigate potential discrimination. The framework provides real-time analysis of consumer chat responses to build risk scores and offer customized tips to customer service agents.
A new paper by VCU's Christopher S. Reina offers a roadmap for businesses to integrate mindfulness, wisdom, and ethics to support employee well-being. The research demonstrates that transforming organizations is a matter of rethinking their ethos and grounding it in humanistic principles.
Researchers found that online reviews on Yelp were negatively impacted by the platform's transparent filter policy, resulting in fewer positive and shorter reviews. The study suggests that platforms must balance transparency with user engagement to maintain trust.
A new model shows that boards should invest more resources to confirm the CEO's plan when they are mildly overconfident. However, if the CEO is highly confident, the board should act as a monitor and only intervene if necessary. In extreme cases, visionary CEOs may be allowed to run with their ideas without intervention.
Female business leaders need better support to thrive in times of crisis, according to new research from the University of Surrey. The study found that female-led firms had harder times bouncing back from the pandemic due to limited access to external financial resources and weaker professional networks.
Multicommunicating can enhance primary tasks and minimize delays when done correctly. Effective management of communication partners' expectations is key to avoiding distractions.
Research from Drexel University finds that customers are more likely to remain loyal to a grocery store when using regular checkout service. The perceived ease of checkout, sense of entitlement, and number of items purchased play a role in explaining the effect of loyalty.
A study by Chung-Ang University found that electronic voting enhances shareholders' perception of corporate governance, increasing the market value of a firm's cash holdings. Firms with larger free cash flows and minority ownership saw stronger governance effects from adopting electronic voting.
A Washington State University study found that job ads with very wide pay ranges evoked less favorable impressions of employers. Participants viewed these ads as less trustworthy and doubted the organization would offer high salaries to employees. However, some saw the large range as a positive sign of possible 'room for growth',
A new study found that big data helps insurance companies understand risks better, offer fair prices and keep customers happier. However, there are also concerns about privacy and ethics when using large amounts of data.
A systematic review of 20 empirical studies found that CEO financial incentives have a small predictive effect on return on assets, but no effect on other performance metrics or financial restatements. The analysis suggests caution regarding current practices and recommends alternative arrangements to enhance firm performance.
The study proposes moving beyond binary interpretations of statistical results, encouraging unfiltered reporting and cumulative evidence-based conclusions. Authors argue that NHST can lead to biased research practices and distorted literature.
A new study from Binghamton University School of Management found that positive workplace gossip can reduce employee turnover and improve an organization's effectiveness. Employees who engage in positive gossip with coworkers may experience social gains, including reduced negative feelings towards their workplace.
The new GEET+ 2.0 report and assessment tool aims to integrate equity, diversity, and inclusion into business-training curriculums, enhancing program content and delivery. By identifying biases and stereotypes, organizations can create more inclusive entrepreneurship systems, ultimately improving access to resources for underrepresente...
A study by Claudine Mangen found that male professionals prefer to spend more time with their partners and newborn babies but are pressured to delay or forego paternity leave due to workplace obligations. This highlights the need for organizations to rethink strategies around gender inequality and foster equitable workplaces.
A novel strategy, probabilistic selling, has proven effective in driving revenue, attracting new users, and managing inventory efficiently in the travel industry. The study finds that this approach enhances market demand and boosts consumer satisfaction, benefiting both the platform and sellers.
Studies have shown that collaborative teams working remotely produce fewer truly disruptive ideas compared to their in-person counterparts. In-person teams tend to engage in more conceptual work, such as conceiving hypotheses and writing, which is more likely to lead to radical new ideas.
Disrupted health care markets have changed the creation, provision, and consumption of health care. Marketing strategies need to account for new producers, providers, and consumers. The editorial calls for a research agenda outlining opportunities for marketing scholars to examine the impact of disrupted exchanges on consumer welfare.
A new study published in PLOS ONE found that the effective tax rate paid by multinational corporations varies greatly across countries, with some paying as little as 1% of gross income and others up to 67%. This disparity highlights the need for better data on tax rates to inform policy decisions.
A new study by Carnegie Mellon University and the University of Washington found that online dating algorithms exhibit popularity bias, recommending more attractive users over less attractive ones. This bias boosts revenue through increased engagement and matches, but may compromise user satisfaction.
A new study from the University of Eastern Finland highlights the potential for non-profit organisations to promote sustainable practices in multinational businesses. By using a Strategic Confrontation and Collaboration Interaction Model (SCCIM), non-profits can influence stakeholders such as employees, investors, and politicians to ad...
A recent study published in Work and Occupations found that gig workers experienced higher rates of food insecurity, skipped housing payments, and unpaid credit card bills during the COVID-19 pandemic. Economic hardships were more pronounced for those with children, less savings, or working multiple gig jobs.
A new framework demonstrates that proportionately more multi-homing consumers lead to significant efficiency gains when integrating two business platforms. However, this trend also creates higher barriers to entry for new platform firms and may require policy guidance to mitigate potential harms of platform mergers.
Researchers argue for a 'human-centered AI' approach to co-creativity, balancing automation with human control. They emphasize the need for interdisciplinary research on creativity, ethics, and intellectual property rights in human-AI collaboration.
A new research study found that seconded employees select more novel and innovative ideas, influencing permanent staff to do the same. This suggests a simple intervention of leveraging seconded employees can significantly boost the acceptance of innovative ideas, empowering managers to foster a more innovative culture.
A new study from Bayes Business School found that CEOs' surnames can significantly impact their total compensation by up to 4.9%. The research highlights organizational bias and inefficient contracting decisions based on surname attributes, which can affect talent recognition and rewards.
A hospital's portfolio strategy can shape patient preference in important ways, with a focus on depth of expertise leading to increased market share. Hospitals with a high related focus in a department also signal breadth of expertise, positively affecting market share.
A novel 'remotely-moderated' focus group method has been developed and tested, where questions are posed on a screen and moderated by an off-site researcher. This approach encourages participants to go beyond their usual role and engage in frank discussion, revealing valuable insights into issues they may not have considered before.
New research from the University of South Australia found that images are more effective at signaling product variety than colors, with only 56% of color choices matching customer expectations. The study analyzed consumer perceptions of 576 products and recommended using images to convey variety and protecting master brand colors.
African nations could see an additional $37 million in profit each year by raising access fees for their fisheries. This would lead to an increase in fish biomass and a more sustainable operation. However, challenges include differing interests and objectives among governments and varying conditions of different fisheries.
A new study reveals that consumers place a higher value on products from circular economies due to the concept of psychological ownership. This finding suggests that businesses and policymakers can align strategies with consumer values to promote sustainable initiatives.
A study by KLU found that internal crowdfunding at Siemens AG led to high-quality ideas submitted by employees, which their colleagues recognized and financially supported. The approach also promoted exchanges and collaboration across internal borders.
Organizational ghosts are admired former leaders who embody an organization's values and identity, continuing to influence members long after they've departed. Researchers found that these ghostly encounters can safeguard organizations from risky decisions and legitimize current leaders.
The University of Texas at San Antonio has been selected to establish a Secure Manufacturing Tech Hub with a $500,000 grant from the US Economic Development Administration. The consortium aims to grow a skilled workforce, enhance business competitiveness, and promote secure manufacturing strategies across South Texas.
A study by University of Nebraska-Lincoln researchers found that crowdfunding platforms create a sense of democracy, but backers often come from similar groups and give to projects they find cool. This limits the democratizing potential of crowdfunding.
New research found that companies are altering their sustainability reports to improve their environmental and social performance metrics, which are tied to CEO bonuses. Only 15% of revisions were reported as due to error, while 69% were attributed to changes in measurement, suggesting manipulation may be occurring.
Research reveals that firms with female directors show improved social and environmental performance and disclosures. Female directors' education level also positively affects reporting quality, with those holding a master's degree having the most significant impact.
Researchers found that airlines use a pricing heuristic called Expected Marginal Seat Revenue-b to set prices, resulting in large gaps between ticket prices. Airlines also don't directly incorporate competitor prices into their automated price-setting, leading to dampened competitive benefits.
Researchers found that job seekers were 20% more likely to search for work at companies with over 500 employees after March 13, 2020. The average size of companies searched increased by 29%, driven by highly-skilled and better-educated candidates, which can impact startup success.
Researchers found that companies declaring bankruptcy must navigate complex buyer-supplier relationships to emerge from bankruptcy. High rates of accommodative acts, indicating cooperation, improve bankruptcy survival, while exploitative acts have the opposite effect.
A recent study by University of Texas at Austin professor Robert Parrino found that the SEC's Rule 10b5-1 has limited effectiveness in limiting insider trading. Despite being widely used, the rule allows CEOs to game the system by canceling trades or using limit orders within the plan.
A team of Japanese researchers created a big data-driven model that accurately forecasts key economic indicators in real time, eliminating the need for aggregated semi-macroeconomic data. The approach leverages search engine query data to identify highly correlated queries and provides timely insights into economic trends.
Researchers found sponsored content decreases consumer engagement, but prior disclosure offsets this effect. Micro-influencers are more affected by sponsorship than macro/meso-influencers.
Research finds that digital-native brand stores increase brand awareness and sales in supermarkets, while cannibalizing online channel sales. Brand stores also spark distributor interest and prompt supermarkets to distribute more of the brand on their shelves.
Researchers from Mindgard and Lancaster University exposed vulnerabilities in major Large Language Models (LLMs) that can be copied for as little as $50. This 'model leeching' attack allows attackers to gain insights into how LLMs work, enabling them to launch targeted attacks with an increased success rate.
A new study finds that simple packaging design is positively associated with price, but not always enhances consumers' willingness to pay. The research team discovers that store-brand products and health-oriented consumers benefit from simplicity, while indulgent consumers prefer complex packaging.
Researchers from the University of Notre Dame found that social media engagement improves when national and local levels mismatch audiences during recovery phases, increasing user engagement by 29.6%. The study suggests a nuanced approach to content coordination, with national headquarters leading production and local accounts following.
A new study published in the Journal of Marketing presents the Comparative Method of Valuation as a more accurate way to measure customers' willingness to pay. The study finds that existing methods can provide vague and inaccurate results due to their inability to capture relevant comparisons or context.
Researchers warn that greenwashing poses a threat to achieving a 'nature positive' world, where environmental decline halts and biodiversity improves. The University of Queensland study emphasizes the need for standards and transparency to distinguish genuine efforts from misleading claims.
A new study from Binghamton University's School of Management found that standard employee surveys may be missing out on crucial information about toxic leaders. Participants in the survey often rely on their long-term memory to rank harmful leadership practices, which can lead to overlooked negative encounters if they're few and far b...
Marketing ideation crowdsourcing contests can send positive signals to facilitate returns, but also elevate idiosyncratic risk. Firms that design profitable contests by targeting professionals, using crowd voting, and specifying task scope tend to see stronger stock price increases.
The Oak Ridge National Laboratory's Safari program aims to connect post-exit entrepreneurs with commercially relevant technologies developed by world-leading scientific experts. The program seeks to expedite the transition of research toward the marketplace, promoting U.S. competitiveness and national security.