Scholarly Work - Business

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    Point of Purchase or Point of Frustration? Consumer Frustration Tendencies and Response in a Retail Setting
    (2013-09) Van Steenburg, Eric
    The research applies precepts from frustration theory to investigate frustration when a goal is blocked in a consumer context. Predictions are derived, and two studies are designed to investigate the goal-directed sequence following a blocked goal and the role of individual differences in frustration tolerance in a retail checkout encounter. The findings of the research suggest that when the goal of retail checkout is blocked, consumers adopt either adaptive or maladaptive resolution strategies. Those who take an adaptive approach return to goal-seeking behaviour, whereas those following the maladaptive path initially resolve their frustrations through resignation. That initial resolution strategy of resignation then produces a second wave of new blocks to goal attainment (helplessness, anger and self-preoccupation). Subsequently, the second wave of blocks is countered with a second set of resolution strategies (alteration, substitution, abandonment with acceptance or abandonment with suffering). The research findings also reveal that consumer frustration responses are associated with internal versus external blame and with social surroundings or who is watching the frustrating event unfold. The results likewise indicate that attitude toward the company and repatronage intentions are influenced by social surroundings and by individual differences in frustration tolerance (fairness, entitlement, gratification and achievement). Copyright © 2013 John Wiley & Sons, Ltd.
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    Consumer Recall of Brand Versus Product Banner Ads
    (2012-09) Van Steenburg, Eric
    Purpose – The paper aims to determine the effectiveness of specific online advertisements, comparing banner ads that are brand‐reinforcing versus ones that are product‐reinforcing. Design/methodology/approach – The research uses three experimental design studies to empirically test the hypotheses based on the elaboration likelihood model (ELM) by manipulating type of online banner advertisement (brand‐type versus product‐type) and measuring individual need for cognition (NFC). Findings – Consumers high in NFC recall product‐type banner ads more readily than those low in NFC, while brand‐type banner ads are more likely to be recalled by low‐NFC consumers. However, high‐NFC consumers recall brand‐type ads under all situational influences tested. And while consumers low in NFC recall product‐type banner ads featuring a directive better than their high‐NFC counterparts, they do not recall directive ads at a greater rate than high‐NFC consumers recall brand‐type ads. Research limitations/implications – While previous research has found that variations in ad size, color, interactivity, and web site location affect recall, this research only measured static banner ads that appear at the top of the page. However, because it is the first to examine involvement in terms of NFC in combination with brand‐ and product‐type ads, the research sheds new light on consumer awareness of two types of banner ad strategies adopted by marketing managers today. Practical implications – In an online context, the type of banner ads used by marketing managers should be paired with the web site based on how much time consumers spend at the site and how many pages they click through at the site. All things being equal, however, managers should favor brand‐type banner ads over product‐type banner ads. Originality/value – The research extends understanding of ELM as it relates to type of banner ad while establishing a potential research stream for better understanding of how consumers process various types of online ads. At the same time, it provides new evidence that can help marketing managers make better strategic decisions regarding their online marketing mix.
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    Defining Public Will
    (2014-02) Raile, Eric D.; Raile, Amber N. W.; Salmon, Charles T.; Post, Lori Ann
    Scientific elaboration of “public will” would enhance the concept's analytical usefulness and contribute to improved understanding in various fields, including political science and public policy. Previous work has utilized the term but has jumped the crucial stage of formally defining public will as a conceptual variable. This project constructs a definitional system that breaks the concept into components and offers operationalizations and assessment targets. Analysis begins with consideration of social systems and their direct ties with other definitional components like shared recognition of the problem and of proposed means of addressing the problem. Resolve to address the situation and to sustain collective action are also essential components. The project then applies the definitional system through a brief case study of firearm control and considers various scholarly implications. The definitional system emphasizes the simultaneous existence of multiple “publics” and argues against using public will synonymously with majority public opinion.
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    Published, Not Perished, but Has Anybody Read It? Citation Success of Finance Research Articles
    (2012-10) Bielinska-Kwapisz, Agnieszka
    Citation counts are widely used in academia in hiring, tenure, promotion, salary increases, merit pay as well as to rank departments, journals and authors. However, no previous study examined the factors that influence citations in finance journals. This article examines how the number of citations is affected by authors’ collaboration, advertising and ‘salesmanship’ efforts, journals rank, article placement in the journal, and authors’ experience. We employ 16 years of data and use the Tobit model to study the number of citations. Also, we use the hazard model to estimate the probability of an article being cited for the first time. The empirical results show significant relation between the number of citations and the ranking of authors’ university, placement of an article in a journal, the length of an article, and the number of references included but no significant effect of collaboration, grant support, and the number of presentations and acknowledgments. Additionally, we conclude that it is important to use a long time series data to analyse citations in finance.
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    Is Higher Better? Determinants and Comparisons of Performance on the Major Field Test in Business
    (2012-01) Bielinska-Kwapisz, Agnieszka; Brown, William F.
    Student performance on the Major Field Achievement Test in Business is an important benchmark for college of business programs. The authors’ results indicate that such benchmarking can only be meaningful if certain student characteristics are taken into account. The differences in achievement between cohorts are explored in detail by separating the effect of high-achieving students choosing certain majors (characteristics effect) from the effect of the returns on these characteristics that students realize during their college educational experience (return effect).
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    Differential Gender Performance on the Major Field Test–Business
    (2013-01) Bielinska-Kwapisz, Agnieszka; Brown, William F.
    The Major Field Test in Business (MFT-B), a standardized assessment test of business knowledge among undergraduate business seniors, is widely used to measure student achievement. Many previous studies analyzing scores on the MFT-B report gender differences on the exam even after controlling for student's aptitude, general intellectual ability, and motivation. The authors’ results point to two reasons behind this phenomenon. First, it is important to control for critical thinking abilities while explaining variation in MFT-B scores. Second, motivation to perform well on the test varies between genders and high- and low-performing students.
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    Triggers of Organizational Change: Duration, Previous Changes, and Environment
    (2014-03) Bielinska-Kwapisz, Agnieszka
    This article explores triggers of organizational change. In particular, how the likelihood of future changes is influenced by duration between the changes, the number of previous changes, and the surrounding conditions. Rule changes are analysed by examining factors that influence US states to update their excise tax rates on beer and cigarettes using panel data for 48 contiguous states. We provide evidence in favour of the deceleration hypothesis: prior changes of a given type decrease the likelihood of a subsequent change of the same type. We found support that the likelihood of organizational change increases with duration (the time between the changes). States updated their beer and cigarette tax rates in response to accumulation of inflation not letting the rates to become obsolete. Finally, our results indicate that changes in surrounding conditions positively influence the probability of change. State legislators take the opportunity of changes in the neighbouring states to change their own taxes. A logit model to estimate the probability of change and a hazard model to estimate the time to change are employed.
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    Sub-National Institutions, Firm Strategies, and Firm Performance: A Multilevel Study of Private Manufacturing Firms in Vietnam
    (2013-01) Nguyen, Thang V.; Le, Ngoc T.B.; Bryant, Scott E.
    Some private small and medium sized enterprises (SMEs) in transition economies have actively internationalized. This decision needs to accommodate institutional conditions that vary, not only between countries, but also within an individual country. Our paper examines the relationship between export strategy and firm performance, and the extent that sub-national institutional factors moderate this relationship. Using multilevel data analysis techniques with a sample of private manufacturing firms in Vietnam, we find institutional factors moderate export strategy and firm performance's relationship.
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    Using Visual Representations as Boundary Objects to Resolve Conflict in Collaborative Model-Building Approaches
    (2012-03) Black, Laura J.; Andersen, David F.
    In the context of facilitated, technology-supported efforts to resolve complex problems, we recognize the critical role that visual representations can play in both the content and process of collaboration. How these representations are wielded by facilitators and interpreted by participants determines whether they help resolve conflicts or close down conversations. We identify three key attributes of scripted problem-solving facilitation, as well as three key attributes of visual representations that function as boundary objects, to gain insights into pivotal experiences when group problem-solving efforts turned from collaboration to conflict and vice versa. We draw on three vignettes from facilitated group problem solving to illustrate how these attributes can be deployed to move conflict-mired conversations into collaborative discussions. This paper contributes to collaborative problem solving by using the formal sociological theory of boundary objects to offer a deeper, richer understanding of successes and shortcomings of visual representations as drivers of conflict resolution in model-building approaches.
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    When Visuals Are Boundary Objects in System Dynamics Work
    (2013-08) Black, Laura J.
    Using modeling representations as boundary objects provides an important aid to collective meaning-making. By understanding the construct of boundary objects, which arises from sociological studies of cross-boundary work, we can increase our effectiveness in using visual representations to facilitate shared understanding for joint action. This paper draws on theories of social construction, distributed cognition, and boundary objects to build the argument that visual representations provide the crucial pivot between the system dynamics modeling method and socially constructing shared meaning. I highlight the role of visuals particularly in the context of group model building because it provides an explicit occasion devoted to shared meaning-making through facilitated execution of the system dynamics method. Many system dynamicists use the model-building process and simulation analyses to socially construct shared understanding among people with differing domain expertise, and the theoretical principles and practical guidelines described here can usefully inform efforts beyond participatory modeling workshops.
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