Articles tagged with Business
New research finds that criticizing groups is more persuasive when the messenger also expresses concern for the issues faced by the criticized group. Studies show that dual concern messages encourage agreement and loyalty from members of the criticized group, leading to increased persuasion.
The study found that open innovation-based business models, created through stakeholder participation in the commons, drive continuous economic and social innovation and sustainable growth. The 'Comedy of Commons' concept, developed by Elinor Ostrom, is applied to explore the evolution of the commons as a business model.
A Chinese study found that fintech development effectively reduces the negative effect of macroeconomic uncertainty on commercial banks' proactive risk-taking behavior. The study also revealed that commercial banks with high capital adequacy ratios exhibit a weaker response to the mitigating effect of financial technology.
Only 36% of UK employers have invested in AI-enabled technologies like industrial robots and chatbots over the past five years, new research suggests. The survey highlights a growing skills problem, with less than 10% anticipating digital skills training investment in the coming years.
A new study found that certain credentials, such as more education, references, and experience, can offset the negative impact of a criminal record on job prospects. Applicants with a criminal record were less likely to be hired without these credentials, but more likely to be hired if they had relevant experience or a college degree.
A University of Missouri study found that consumers are more likely to use virtual apparel try-on software if it is interactive and easy to use. The research suggests that making the technology versatile can reduce privacy concerns, with qualities like interactivity having a direct impact on users' willingness to shop virtually.
A new article explores how a CEO's subgroup power can impact decisions about CEO dismissal. Powerful subgroups of directors can exert influence to protect the CEO, even if the company is performing poorly. The study analyzed 20 years of data from S&P 500 boards.
A study by Margherita Corina and Alfonso Carballo Perez found that populist leaders increase uncertainty, making firms cautious in foreign investment decisions. However, strong institutional environments and high levels of firm internationalization can moderate these negative effects.
A new study published in Journal of Marketing finds that consumers become motivated to distance themselves from brands after observing socially unacceptable social media mentions. Consumers with stronger self-brand connections experience vicarious shame, driving their desire to disengage from the brand.
A new study introduces a minCluster portfolio optimization method specifically designed for highly volatile markets, including cryptocurrencies. The method consistently outperforms traditional approaches and considers downside risk to find the best asset allocation.
A new study from the University of Eastern Finland explores how digital-based start-ups can leverage digital artifacts for early and rapid internationalisation. The research model provides a toolkit to identify opportunities for companies to adapt their digital services to international markets.
Researchers from McGill University and Ontario Tech University examine the drivers of specialty drug diffusion. They propose a framework that suggests clinical studies affect the diffusion through a multi-stage scientific evidence production process. The study finds that marketing activities have no significant effect on prescriptions.
A study of 142 nations found a strong link between access to formal financial services and lower COVID-19 mortality rates. Access to bank accounts, credit cards, or loans from a financial institution is a key predictor of lower mortality risk, even stronger than comorbidities.
A study by Chinese researchers found that financial reports produced during fiscal years mismatched with annual business activity may be less reliable due to rigid accounting regulations. This can result in higher abnormal accruals, lower analyst forecast accuracy, and longer audit reporting delays for affected companies.
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.
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.
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.
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.
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...
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 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.
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 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.
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 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.
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.
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.
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...