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What does the audience care? The effects of travel vlog information quality on travel intention
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CEO narcissism and firm’s cash conversion cycle: The moderating role of CEO’s gender
Abstract
This study investigates the effect of CEO narcissism on firm's cash conversion cycle (CCC), and how this influence is moderated by CEO gender. Based on a sample of 354 CEOs in 229 S&P 500 firms, our results indicate that firms led by more narcissistic CEOs tend to have a shorter CCC and this effect is weaker in companies led by a female CEO. Our additional analyses show that the effect of CEO narcissism on the CCC may improve or damage firm performance depending on the firm's CCC level.
The spillover effect and external welfare of extracurricular tutoring: evidence from academic tutoring for middle-school students in China
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Asymmetric information, signaling, and round listing prices: evidence from China’s housing market
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It’s all relative: consistent marginal effects with willingness to pay and willingness to accept framing in experimental auctions
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Threshold vector error correction model and transaction cost variation
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Entrepreneurial orientation and SMEs export performance: The role of social media capital and business network ties
The International Journal of Entrepreneurship and Innovation, Ahead of Print.
Drawing on the resource-based view (RBV) theory, the purpose of this research is to examine the influence of entrepreneurial orientation (EO) on small- and medium-sized enterprise (SME) export performance with the moderating effect of social media capital and business network ties. A quantitative survey design was employed for this study. Empirical data for this paper were drawn from 369 Ghanaian SME exporting firms, using the purposive sampling technique, and the hypothesized relationships were analyzed using AMOS v.23 in structural equation modeling. The study reveals that export performance of SMEs is principally determined by their EO. In addition, this effect is reinforced by the social media capital and business network ties, exerting a positive moderating role. The paper provides practical implications for SMEs and policymakers on the need to leverage social media capital and business network ties, given their importance to improving export performance, rather than focusing solely on EO.
Drawing on the resource-based view (RBV) theory, the purpose of this research is to examine the influence of entrepreneurial orientation (EO) on small- and medium-sized enterprise (SME) export performance with the moderating effect of social media capital and business network ties. A quantitative survey design was employed for this study. Empirical data for this paper were drawn from 369 Ghanaian SME exporting firms, using the purposive sampling technique, and the hypothesized relationships were analyzed using AMOS v.23 in structural equation modeling. The study reveals that export performance of SMEs is principally determined by their EO. In addition, this effect is reinforced by the social media capital and business network ties, exerting a positive moderating role. The paper provides practical implications for SMEs and policymakers on the need to leverage social media capital and business network ties, given their importance to improving export performance, rather than focusing solely on EO.
From Family Director Pathos to Board Ethos: Managing Multiple Role Identity Struggles in the Boardroom of Family Firms
Abstract
The literature indicates that the board of directors exists to provide resources and strategic direction (service task) and monitor top managers (control task), often tending to overgeneralize board tasks. Using a unique sample of 36 elite family firm directors having served on 615 boards with an aggregate 1447 years’ experience, and integrating interview and secondary data with observations, we capture how the multiple role identity struggles experienced by family directors are managed in the board. Our data indicate that effective boards resolve multiple role identity struggles (i.e., family director ‘pathos’) through the mechanisms that boardroom structural forces trigger and the resulting bridge and buffer tasks enacted (i.e., board ‘ethos’), going beyond the traditional service and control tasks.
Institutional investor horizons, ownership structure and investment efficiency in China
Abstract
This paper investigates the effects of institutional investor horizons on investment efficiency in China. By analysing 26,831 firm-year observations from Chinese listed companies, we find that long-term (short-term) institutional ownership is negatively (positively) associated with the level of inefficient investments. A battery of robustness tests indicates causality. Further analyses reveal that the rise in environmental uncertainty and information asymmetry are transmission channels for increased inefficient investments. Moreover, we find that the single controlling shareholder and state owner can curb the management myopia induced by short-term institutional investors while they do not impede the monitoring effort of long-term institutional investors.