Ahn, K & Hambusch, G 2024, 'Reversal evidence from investor sentiment in international stock markets', International Review of Finance.
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AbstractThis research investigates the effect of sentiment on the time‐series and cross‐section of mean, variance and correlation of asset returns to examine how investor sentiment creates predictable variations in financial markets. Based on the method proposed by Baker and Wurgler (2007, Investor sentiment in the stock market, Journal of Economic Perspectives 21, 129‐152), we build composite sentiment indexes with a focus on international markets. Our time‐series results show that optimistic (pessimistic) sentiment leads to overpricing (underpricing) and that variance and correlation of asset returns increase when investors are pessimistic. Our cross‐ section results suggest that these effects tend to become more pronounced for stocks with more exposure to sentiment or the market.
Alvesson, M & Stephens, A 2024, '‘Is it worth doing this or is it better to commit suicide?’ On ethical clearance at a university', Human Relations.
Américo, BL & Clegg, S 2024, 'Disjunctions in the context of management learning: An exemplary publication of narrative fiction', Management Learning, vol. 55, no. 2, pp. 192-214.
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Management Learning is a centre of scholarship, and thoughtful scholars strive to achieve exemplary publications – those that make a difference to both theory and practice as well as being frequently cited. Adopting the poststructuralist idea that scientific texts are literary constructions, applying this focus to translation and diffusion effects of a noted exemplar, this methodologically focussed article contributes an empirical method accounting for disjunctions in the context of management learning. We conceptualize disjunctions as differences and disconnections inhering in alternative bodies of knowledge produced about organizations and organizational practices. We do this by proposing a methodological tool embracing history for gaining insight from exemplary publication that allows students and investigators to increase the quality of their research papers. The contribution is explained in terms of two descriptive methodological concepts used to collect and analyse data, namely, style and modality. Using Jermier (1985) as an exemplary publication, we describe its context/origins, the use made of its ideas and the disjunctions that have arisen in the context of management learning. These result from the impact of the paper on the thinking of authors, as shown by subsequent networks of citations. The empirical method demonstrates how certain conceptions of narrative fiction have been used in Management and Organization Studies, in the form of emergent problems in the relationships produced connecting writer, reader and subject.
Anufriev, M, Arifovic, J, Donmez, A, Ledyard, J & Panchenko, V 2024, 'IEL-CDA model: A more accurate theory of behavior in continuous double auctions', Journal of Economic Dynamics and Control, pp. 104840-104840.
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Armanious, A & Zhao, R 2024, 'Stock liquidity effect on leverage: The role of debt security, financial constraint, and risk around the global financial crisis and Covid-19 pandemic', International Review of Financial Analysis, vol. 92, pp. 103093-103093.
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Beggs, PJ, Trueck, S, Linnenluecke, MK, Bambrick, H, Capon, AG, Hanigan, IC, Arriagada, NB, Cross, TJ, Friel, S, Green, D, Heenan, M, Jay, O, Kennard, H, Malik, A, McMichael, C, Stevenson, M, Vardoulakis, S, Dang, TN, Garvey, G, Lovett, R, Matthews, V, Phung, D, Woodward, AJ, Romanello, MB & Zhang, Y 2024, 'The 2023 report of the MJA–Lancet Countdown on health and climate change: sustainability needed in Australia's health care sector', Medical Journal of Australia, vol. 220, no. 6, pp. 282-303.
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SummaryThe MJA–Lancet Countdown on health and climate change in Australia was established in 2017 and produced its first national assessment in 2018 and annual updates in 2019, 2020, 2021 and 2022. It examines five broad domains: health hazards, exposures and impacts; adaptation, planning and resilience for health; mitigation actions and health co‐benefits; economics and finance; and public and political engagement. In this, the sixth report of the MJA–Lancet Countdown, we track progress on an extensive suite of indicators across these five domains, accessing and presenting the latest data and further refining and developing our analyses.Our results highlight the health and economic costs of inaction on health and climate change. A series of major flood events across the four eastern states of Australia in 2022 was the main contributor to insured losses from climate‐related catastrophes of $7.168 billion — the highest amount on record. The floods also directly caused 23 deaths and resulted in the displacement of tens of thousands of people.High red meat and processed meat consumption and insufficient consumption of fruit and vegetables accounted for about half of the 87 166 diet‐related deaths in Australia in 2021. Correction of this imbalance would both save lives and reduce the heavy carbon footprint associated with meat production.We find signs of progress on health and climate change. Importantly, the Australian Government released Australia's first National Health and Climate Strategy, and the Government of Western Australia is preparing a Health Sector Adaptation Plan. We also find increasing action ...
Belli, A, Carrillat, FA, Zlatevska, N & Cowley, E 2024, 'How Does Time Pressure Influence Risk Preferences? Answers from a Meta-Analysis', Journal of Consumer Research, vol. 50, no. 6, pp. 1172-1197.
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Abstract Four decades of research into the influences of time pressure on risky decisions have produced widely contrasting findings: 38.5% of the effects indicate that time pressure increases risk preferences, whereas 61.5% show the opposite. A theoretical framework with four conceptual categories of moderators is proposed to explain these heterogeneous findings: nature of the time constraint, negative outcome salience, negative outcome severity, and vulnerability to the outcomes. This framework is tested through a meta-analysis of 213 effect sizes reported in 83 papers, representing 65,574 unique respondents. The four categories of moderators effectively resolve notable conflicts. For example, regarding the nature of the time constraint, an absolute versus relative constraint increases risk preferences, but an ambiguous versus objective constraint decreases risk preferences. In terms of negative outcome salience, risk preferences decrease if the risk is learned about from a description (vs. experience) or the outcome is framed as a loss (vs. gain). Negative outcome severity also exerts an effect, as discrete choices lower risk preferences compared with attitudinal risk. In addition to managerial and public policy implications based on simulations, a comprehensive research agenda that builds on the robust insights of this meta-analysis is offered.
Bugeja, M, Shan, Y & Zu, Y 2024, 'The disciplinary role of unsuccessful takeovers and changes in corporate governance', Accounting & Finance, vol. 64, no. 1, pp. 941-973.
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AbstractThis study examines if unsuccessful takeovers trigger the replacement of directors and changes in other governance attributes and result in improvements in target firm performance. Using an Australian sample this study finds that following failed bids, target firms are more likely to remove directors and experience an increase in director ownership, board independence, and block ownership. In contrast, target firm director expertise and prestige decrease following failed bids. We also find that post‐bid accounting and stock performance of targets are largely unrelated to changes in governance attributes after the unsuccessful takeover.
Burke, PF, Rose, JM, Fifer, S, Masters, D, Kuegler, S & Cabrera, A 2024, 'A new subjective well-being index using anchored best-worst scaling', Social Science Research, vol. 120, pp. 103013-103013.
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CHEN, X, GUI, L, WU, T & ZHANG, J 2024, 'A theory of symbiotic corruption', Journal of Comparative Economics.
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Chowdhury, MMH, Mahmud, AKMS, Banik, S, Rabbanee, FK, Quaddus, M & Alamgir, M 2024, 'Resilience strategies to mitigate “extreme” disruptions in sustainable tourism supply chain', Asia Pacific Journal of Marketing and Logistics, vol. 36, no. 2, pp. 408-434.
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PurposeDrawing on the dynamic capability view (DCV), this research determines the suitable configurations of resilience strategies for sustainable tourism supply chain performance amidst “extreme” disruptive events affecting the entire supply chain.Design/methodology/approachThis research applies a multi-study and multi-method approach. Study 1 utilizes in-depth interviews to identify a list of tourism supply chain sustainability risks and resilience strategies. Study 2, using quality function deployment (QFD) technique, determines the most important resilience strategies corresponding to highly significant risks. Study 3, on the other hand, adopts a fuzzy set qualitative comparative analysis (fsQCA) to determine the best recipe of resilience strategies and risks to make the tourism supply chain performance sustainable.FindingsThe findings reveal that sustainable tourism performance during an extreme disruptive event (e.g. COVID-19 health crisis) depends on the combined effect of tourism resilience strategies and risks instead of their individual effect.Practical implicationsThe research findings offer significant managerial implications. Managers may experiment with multiple causal conditions of risks and resilience strategies to engender the expected outcome.Originality/valueThis research extends current knowledge on tourism supply chain and offers insights for managers to mitigate the risks and ensures sustainable performance in the context of extreme disruptive events.
Chowdhury, NR, Janan, F, Mahmud, P, Liza, SA & Paul, SK 2024, 'Assessing strategies to mitigate the impacts of a pandemic in apparel supply chains', Operations Management Research, vol. 17, no. 1, pp. 38-54.
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AbstractThe COVID-19 pandemic has taught global businesses that a pandemic can put business dynamics in unforeseeable turbulence. The disruptions created by the pandemic in the apparel industry exposed the vulnerabilities of apparel supply chains (SCs). To recover the supply chain impacts (SCIs) during an unprecedented event such as the COVID-19 pandemic, apparel SCs need a robust framework that can identify, measure, and mitigate the severity of SCIs by assessing effective mitigation strategies. This study identifies 12 critical SCIs in apparel SCs during a pandemic and 17 mitigation strategies. To assess SCIs and mitigation strategies, a modified grey-based bi-level analytical network process (ANP) is proposed to deal with the complex relationship between the SCIs and mitigation strategies. A real-life case study is conducted from an apparel supply chain for validation purposes. The findings suggest that policymakers in apparel SCs should prioritize implementing government policies and financial aid to deal with increased material and operational costs, the sudden surge in the unemployment rate, cancellation of orders and delayed payment, and increased transportation costs during a pandemic. This study also contributes to the literature by providing a robust decision-making framework for practitioners to deal with the complexity of SCs during future pandemics.
Ciancio, A, Delavande, A, Kohler, H-P & Kohler, IV 2024, 'Mortality Risk Information, Survival Expectations and Sexual Behaviours', The Economic Journal, vol. 134, no. 660, pp. 1431-1464.
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Abstract We investigate the impact of a randomised information intervention about population-level mortality on health investment and subjective health expectations. Our focus is on risky sex in a high-HIV-prevalence environment. Treated individuals are less likely to engage in risky sexual practices one year after the intervention, with, for example, an 8% increase in abstinence. We collected detailed data on individuals’ subjective expectations about their own and population survival, as well as other important health outcomes. Our findings emphasise the significance of integrating subjective expectation data in field experiments to identify the pathways that lead to behavioural change.
Clegg, SR, Cunha, MPE, López, A, Sirage, E & Rego, A 2024, 'Tackling sustainable development goals through new space', Project Leadership and Society, vol. 5, pp. 100107-100107.
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Fišar, M, Greiner, B, Huber, C, Katok, E & Ozkes, AI 2024, 'Reproducibility in Management Science', Management Science, vol. 70, no. 3, pp. 1343-1356.
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With the help of more than 700 reviewers, we assess the reproducibility of nearly 500 articles published in the journal Management Science before and after the introduction of a new Data and Code Disclosure policy in 2019. When considering only articles for which data accessibility and hardware and software requirements were not an obstacle for reviewers, the results of more than 95% of articles under the new disclosure policy could be fully or largely computationally reproduced. However, for 29% of articles, at least part of the data set was not accessible to the reviewer. Considering all articles in our sample reduces the share of reproduced articles to 68%. These figures represent a significant increase compared with the period before the introduction of the disclosure policy, where only 12% of articles voluntarily provided replication materials, of which 55% could be (largely) reproduced. Substantial heterogeneity in reproducibility rates across different fields is mainly driven by differences in data set accessibility. Other reasons for unsuccessful reproduction attempts include missing code, unresolvable code errors, weak or missing documentation, and software and hardware requirements and code complexity. Our findings highlight the importance of journal code and data disclosure policies and suggest potential avenues for enhancing their effectiveness. This paper was accepted by David Simchi-Levi, behavioral economics and decision analysis–fast track. Supplemental Material: The online appendices and data are available at https://doi.org/10.1287/mnsc.2023.03556 .
Fleming, P & Harley, B 2024, 'Collegiality as Control? How Uncounted Work Gets Done in the Neoliberal Business School', Academy of Management Learning & Education, vol. 23, no. 1, pp. 176-190.
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Gillovic, B, McIntosh, A, Cockburn-Wootten, C & Darcy, S 2024, 'Intellectual disability and care during travel', Annals of Tourism Research, vol. 105, pp. 103694-103694.
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Grabowski, S, Darcy, S, Maxwell, H & Onyx, J 2024, 'Inclusive Practice and Comparative Social Impact of Disability Arts: A Qualitative and Abductive Approach', International Journal of Qualitative Methods, vol. 23.
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This study comparatively examined two disability arts partnership projects’ stakeholder perspectives on inclusive practice and social impact. It did so through an innovative abductive research design to visualise the qualitative findings of a comparative social impact assessment of active citizenship. In this paper we examine the inclusive practices of the disability arts partnership projects and an inclusive methodological approach. The approach sought to visualise the social impact footprint, or scope, of disability arts projects on radar diagrams. In developing this approach, we were able to document the enabling outcomes for the lived experience of artists with disability. The research has implications for the inclusion of artists with disability as part of disability specific art projects, ensembles of artists with disability together with nondisabled artists, and the way that creative process outcomes have social impact on the stakeholders and communities where they are performed. For the organisations involved the project demonstrates the wider outcomes of the artistic practice through the social impact of their disability arts programs on their internal and external stakeholders. Further, for arts funders it provides a tool for comparative understanding of social impact across programs.
Gualandris, J, Branzei, O, Wilhelm, M, Lazzarini, S, Linnenluecke, M, Hamann, R, Dooley, KJ, Barnett, ML & Chen, C 2024, 'Unchaining supply chains: Transformative leaps toward regenerating social–ecological systems', Journal of Supply Chain Management, vol. 60, no. 1, pp. 53-67.
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AbstractThe worsening climate, biodiversity, and inequity crises have existential implications. To help resolve these crises, supply chains must move beyond a minimal harm approach. Instead, supply chains must make positive contributions to and harmoniously integrate with the living systems around them. Despite agreement on this urgent need, supply chain management research still lacks a shared roadmap for establishing economically sustainable supply chains that actively regenerate social–ecological systems. This essay deepens the understanding of regenerative supply chains, inviting supply chain scholars and practitioners to rally around timely questions and codevelop new answers. We first scrutinize the paradigmatic assumptions that continue to anchor contemporary research and practice in supply chain management, showing how these once helpful assumptions now hold the community back from seeking much needed solutions. We then offer real‐world examples and synthesize emerging arguments from multiple disciplines to propose three new principles of regenerative organizing: proportionality, reciprocity, and poly‐rhythmicity. We also delve into the implications of pursuing these regenerative principles for supply chain coordination, governance, and resilience. Finally, we reflect on the fit of empirical research designs and methods for examining the creation of new regenerative supply chains and the conversion of existing supply chains.
Hassanli, N & Williamson, J 2024, 'Minimizing the sustainability knowledge-practice gap through creating shared value: The case of small accommodation firms', Journal of Sustainable Tourism, vol. 32, no. 5, pp. 923-942.
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Heitor, M, Cunha, MPE, Clegg, S, Sirage, E & Oliveira, P 2024, 'Beyond new space: Changing organizational forms, collaborative innovation and public and semi-public domains', Space Policy, pp. 101609-101609.
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Hemsley, B, Dann, S, Reddacliff, C, Smith, R, Given, F, Gay, V, Leong, TW, Josserand, E, Skellern, K, Bull, C, Palmer, S & Balandin, S 2024, 'Views on the usability, design, and future possibilities of a 3D food printer for people with dysphagia: outcomes of an immersive experience', Disability and Rehabilitation: Assistive Technology, vol. 19, no. 3, pp. 527-536.
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PURPOSE: Although 3D food printing is expected to enable the creation of visually appealing pureed food for people with disability and dysphagia, little is known about the user experience in engaging with 3D food printing or the feasibility of use with populations who need texture-modified foods. The aim of this study was to explore the feasibility and usability of using domestic-scale 3D food printer as an assistive technology to print pureed food into attractive food shapes for people with dysphagia. MATERIALS AND METHODS: In total, 16 participants engaged in the unfamiliar, novel process of using a domestic-scale 3D food printer (choosing, printing, tasting), designed for printing pureed food, and discussed their impressions in focus group or individual interviews. RESULTS AND CONCLUSIONS: Overall, results demonstrated that informed experts who were novice users perceived the 3D food printing process to be fun but time consuming, and that 3D food printers might not yet be suitable for people with dysphagia or their supporters. Slow response time, lack of user feedback, scant detail on the appropriate recipes for the pureed food to create a successful print, and small font on the user panel interface were perceived as barriers to accessibility for people with disability and older people. Participants expected more interactive elements and feedback from the device, particularly in relation to resolving printer or user errors. This study will inform future usability trials and food safety research into 3D printed foods for people with disability and dysphagia. IMPLICATIONS FOR REHABILITATION3D food printers potentially have a role as an assistive technology in the preparation of texture-modified foods for people with disability and dysphagia.To increase feasibility, 3D food printers should be co-designed with people with disability and their supporters and health professionals working in the field of dysphagia and rehabilitation.Experts struggled to be ...
Herold, DM, Breitbarth, T, Hergesell, A & Schulenkorf, N 2024, 'Sport events and the environment: Assessing the carbon footprint of spectators’ modal choices at professional football games in Austria', Journal of Cleaner Production, vol. 452, pp. 142259-142259.
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Huber, E, Harris, L, Wright, S, White, A, Raduescu, C, Zeivots, S, Cram, A & Brodzeli, A 2024, 'Towards a framework for designing and evaluating online assessments in business education', Assessment & Evaluation in Higher Education, vol. 49, no. 1, pp. 102-116.
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Kettlewell, N & Tymula, A 2024, 'Heritability across different domains of trust', Journal of Economic Behavior & Organization, vol. 219, pp. 549-563.
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Kettlewell, N & Zhang, Y 2024, 'Age penalties and take‐up of private health insurance', Health Economics, vol. 33, no. 4, pp. 636-651.
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AbstractFinancial penalties for delayed enrollment could be useful tools to encourage people to enroll earlier in health insurance markets, but little is known about how effective they are. We use a large administrative dataset for a 10% random sample of all Australian tax‐filers to study how people respond to a step‐wise age‐based penalty, and whether the effect has changed over time. Individuals must pay a 2% premium surcharge for each year they delay enrollment beyond age 31. The penalty stops after 10 years of continuous hospital cover. The age‐based penalty creates discontinuities in the incentive to insure by age, which we exploit to estimate causal effects. We find that people respond as expected to the initial age‐penalty, but not to subsequent penalties. The 2% premium loading results in a 0.78–3.69 percentage points (or 2.1%–9.0%) increase in the take‐up rate at age 31. We simulate the penalty impact and implications of potential reforms, and conclude that modest changes around the policy make little difference in the age distribution of insured, premiums or take‐up rates. Our study provides important evidence on an understudied area in the literature and offers insights for countries considering financial penalties.
Kettlewell, N & Zhang, Y 2024, 'Financial incentives and private health insurance demand on the extensive and intensive margins', Journal of Health Economics, vol. 94, pp. 102863-102863.
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Kettlewell, N, Rijsdijk, F, Siribaddana, S, Sumathipala, A, Tymula, A, Zavos, H & Glozier, N 2024, 'Natural disaster and risk preferences: evidence from Sri Lankan twins', Applied Economics, vol. 56, no. 5, pp. 558-581.
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Kourouche, S, Curtis, K, Considine, J, Fry, M, Mitchell, R, Shaban, RZ, Sivabalan, P & Bedford, D 2024, 'Does improved patient care lead to higher treatment costs? A multicentre cost evaluation of a blunt chest injury care bundle', Injury, pp. 111393-111393.
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Lewis, RL, Sutton, N & Brown, DA 2024, 'How senior managers use interactive control to manage strategic uncertainties: An attention-based view', Management Accounting Research, vol. 62, pp. 100864-100864.
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Li, M & Mendieta-Muñoz, I 2024, 'Dynamic hysteresis effects', Journal of Economic Dynamics and Control, pp. 104870-104870.
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Lindebaum, D & Fleming, P 2024, 'ChatGPT Undermines Human Reflexivity, Scientific Responsibility and Responsible Management Research', British Journal of Management, vol. 35, no. 2, pp. 566-575.
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AbstractWith ChatGPT being promoted to and by academics for writing scholarly articles more effectively, we ask what kind of knowledge does ChatGPT produce, what this means for our reflexivity as responsible management educators/researchers, and how an absence of reflexivity disqualifies us from shaping management knowledge in responsible ways. We urgently need to grasp what makes human knowledge distinct compared with knowledge generated by ChatGPT et al. Thus, we first explain how ChatGPT operates and unpack its intrinsic epistemological limitations. Using high‐probability choices that are derivative, ChatGPT has no stake in the knowledge it produces and is thus likely prone to offering irresponsible outputs. By contrast, genuine human thinking—embodied in a contingent socio‐cultural setting—uses low‐probability choices both ‘inside’ and ‘outside’ the box of training data, making it creative, contextual and committed. We conclude that the use of ChatGPT is wholly incompatible with scientific responsibility and responsible management.
Liu, L, Cao, L, Cao, Y, Lu, M & Shan, Y 2024, 'VAT credit refunds and firm productivity: Evidence from China's VAT reform', International Review of Financial Analysis, vol. 93, pp. 103171-103171.
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Liu, LX, Clegg, S & Pollack, J 2024, 'The Effect of Public–Private Partnerships on Innovation in Infrastructure Delivery', Project Management Journal, vol. 55, no. 1, pp. 31-49.
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Public–private partnerships (PPPs) have been promoted as achieving value for money in government projects through innovation. Private investment, contract bundling, and transferring risk to the private sector are regarded as incentives creating innovation. Data collected on PPPs through in-depth interviews with 36 senior practitioners are analyzed by applying a transdisciplinary theoretical approach and grounded theory. The relation between PPPs and innovation is systematically addressed. PPP models provide an environment for innovation precontract award but limit risk, thus inhibiting post-contract innovation. A framework illustrating the complex relations of different elements of PPPs and their effects on innovation is presented.
Liu, W, Li, WH, Yang, JY & Zheng, LJ 2024, 'Geographical proximity, foreign presence and domestic firm innovation: the micro-level evidence', Regional Studies, vol. 58, no. 4, pp. 787-804.
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Mintz, O & Lilien, GL 2024, 'Should B2B start-ups invest in marketing?', Industrial Marketing Management, vol. 117, pp. 220-237.
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Naderpajouh, N, Zolghadr, A & Clegg, S 2024, 'Organizing coopetitive tensions: Collaborative consumption in project ecologies', International Journal of Project Management, vol. 42, no. 3, pp. 102586-102586.
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Nayal, K, Raut, RD, Kumar, M, Paul, SK & Narkhede, BE 2024, 'Role of Artificial Intelligence Capability in the Interrelation Between Manufacturing Strategies and Operational Resilience', Global Journal of Flexible Systems Management, vol. 25, no. 1, pp. 137-162.
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Nguyen, DT, Michayluk, D, Van de Venter, G & Walker, S 2024, 'Improvement in sustainability: Evidence from the mergers and acquisitions market', Australian Journal of Management.
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One approach to improve a firm’s Environmental, Social, and Governance (ESG) rating is to acquire a target with a higher relative ESG rating. We explore changes in an acquirer’s ESG rating around merger and acquisition (M&A) announcements and provide empirical evidence of a positive relationship between the change in an acquirer’s ESG rating and the target’s relative ESG rating. Of the three components of an ESG rating, an acquirer’s environmental rating displays the largest increase, with social and governance ratings exhibiting a smaller but still significant post-merger increase. This relationship is weaker for cross-border deals or cross-industry deals. However, deals that are both cross-border and same-industry are associated with a larger increase in an acquirer’s ESG rating. In addition to improved ESG ratings, the acquisition of a firm with a superior ESG rating is also associated with higher bid premiums and improved post-merger financial performance which suggests that acquirers act in shareholders’ best interests. JEL Classification: G14, G34
Nikitopoulos, CS, Thomas, AC & Wang, J 2024, 'Hedging pressure and oil volatility: Insurance versus liquidity demands', Journal of Futures Markets, vol. 44, no. 2, pp. 252-280.
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AbstractThis study evaluates the dual role of hedging pressure (HP) in oil futures markets and analyses its effects on weekly oil volatility. We find that HP driven by hedgers' insurance demands is negatively related to volatility, while HP driven by speculators' short‐term liquidity demands is positively related to volatility. Oil volatility tends to be more responsive to speculators' short‐term liquidity demands than variations induced by hedgers' insurance demands. These channels are also significant determinants of volatility in inverted and normal markets, with the effects being more pronounced in inverted markets. Under low financial and business‐cycle risk environments, the two HP channels typically have a measurable impact on volatility. These opposing effects of HP on weekly volatility provide empirical support on the significance of the dual role of hedgers in oil markets, as price insurance seekers and as short‐term liquidity providers.
Ninan, J, Clegg, S, Mahalingam, A & Sankaran, S 2024, 'Governance Through Trust: Community Engagement in an Australian City Rebuilding Precinct', Project Management Journal, vol. 55, no. 1, pp. 16-30.
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City rebuilding precincts are embedded in, surrounded by, and sometimes resisted or celebrated by stakeholders they impact. These projects require long-lasting relationships and loyalty from the community they serve, making trust a crucial factor. This article employs a case study approach and draws from both social exchange and circuit of power theories to understand the complex relationship between trust and governance. Three strategies emerged from the analysis: employing resources, building legitimacy, and creating a brand. These strategies and their interactions highlight how trust can act as a governance mechanism for more effective engagement with the project community.
Noguti, V & Waller, DS 2024, 'How the time of day impacts social media advertising outcomes on consumers', Marketing Intelligence & Planning.
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PurposeThis research investigates how consumers who are most active on Facebook during the day vs in the evening differ, differ in their ad consumption, and how advertising effects vary as a function of a key moderator: gender.Design/methodology/approachUsing a survey of 281 people, the research identifies Facebook users who are more intensely using mobile social media during the day versus in the evening, and measures five Facebook mobile advertising outcomes: brand and product recall, clicking on ads, acting on ads and purchases.FindingsThe results show that women who are using social media more intensely during the day are more likely to use Facebook to seek information, hence, Facebook mobile ads tend to be more effective for these users compared to those in the evening.Research limitations/implicationsThis contributes to the literature by analyzing how the time of day affects social media behavior in relation to mobile advertising effectiveness, and broadening the scope of mobile advertising effectiveness research from other than just clicks on ads to include measures like brand and product recall.Practical implicationsBy analyzing the effectiveness of mobile advertising on social media as a function of the time of day, advertisers can be more targeted in their media buys, and so better use their social media budgets, i.e. advertising is more effective for women who use social media (Facebook) more intensely during the day than for those who use social media more intensely in the evening...
Parding, K, Gavin, M, Wilson, R, Fitzgerald, S, Jakobsson, M & McGrath-Champ, S 2024, 'Intra-professional collaboration and organization of work among teachers: How entangled institutional logics shape connectivity', Journal of Professions and Organization, vol. 11, no. 1, pp. 83-98.
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Abstract Intra-professional collaboration is essential as it enables professionals to learn, develop, and define the terms of the profession in their own way. Yet conditions for collaboration are shaped by how work is organized and governed. This article examines how conditions for intra-professional collaboration, where work takes place with colleagues within the same profession in same or similar roles, are perceived by teachers, in relation to how work is organized, by drawing on empirical insights from a study on teachers working in education systems defined by market-driven reforms. Our findings nuance ideas of professional connectedness by showing how the organization of work, affected by ‘entangled institutional logics’ (Blomgren and Waks 2015; Alvehus and Andersson 2018) and market-based governance reforms, shapes intra-professional collaboration. Our contribution is thus to take departure from established understandings of connectivity, that is, ‘related to others and outsiders’ (Noordegraaf 2020) by examining connectivity within professions, showing how there continues to be a struggle between the profession, organization, and market which shapes conditions for intra-professional work within the teaching profession. Our analysis of intra-professional collaboration holds significance for emergent understandings of connectivity (see Adams et al. 2020a; Alvehus, Avoon and Oliver 2021: 201; Kanon and Andersson 2023) by underscoring how the contemporary organization and management of work shape the conditions that enable, or augment, inwards connectivity and the ability for professionals to collaborate in meaningful ways.
Presti, VL, Taylor, T & Onyx, J 2024, 'Opening the black box of the sport event volunteer’s journey: from candidate to volunteer', European Sport Management Quarterly, vol. 24, no. 1, pp. 246-265.
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Rahman, T, Paul, SK, Agarwal, R, Shukla, N & Taghikhah, F 2024, 'A viable supply chain model for managing panic-buying related challenges: lessons learned from the COVID-19 pandemic', International Journal of Production Research, vol. 62, no. 10, pp. 3415-3434.
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Schweinsberg, S 2024, 'Tourism academic legacy: The importance of deciding what to leave behind', Annals of Tourism Research, vol. 105, pp. 103729-103729.
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Shen, Y, Agyekum, F, Reddy, K & Wallace, D 2024, 'The welfare impact of financial inclusion: A research agenda', Journal of Accounting Literature.
Shen, Y, Mollica, V & Dalla Costa, AF 2024, 'The bright side of CEO narcissism and its impact on accounting conservatism', Journal of Accounting Literature, vol. 46, no. 1, pp. 1-25.
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PurposeThis study sheds new light on the personality trait and provides evidence regarding the relation between narcissism and desirable accounting practices, specifically the impact of CEO narcissism on accounting conservatism.Design/methodology/approachThe authors test the relation between CEO narcissism and accounting conservatism for a sample of 907 US companies and their corresponding CEOs for the period between 2010 and 2018. The authors apply three established models of accounting conservatism and measure executives' narcissism using a non-intrusive approach ubiquitous in the literature.FindingsThe authors find that CEO narcissism is associated with speculative accounting practices in the form of timely recognition of positive news and more prudent financial reporting of anticipated negative news. The authors provide the first empirical evidence that, despite its well-known negative effects on corporate financial reporting, executive narcissism can also produce positive outcomes.Originality/valueWhile managerial overconfidence has received much attention, the effects of executives' narcissism are still widely unexplored (Chatterjee and Hambrick, 2007). The authors thus contribute to the literature by investigating the relationship between CEOs' narcissism and accounting conservatism. The authors conjecture CEO narcissism should have a twofold effect on prudent financial reporting. On the one hand, CEOs' narcissism should be associated with low levels of unconditional conservatism due to excessively fast good news recognition. On the other hand, narcissistic executives should be ass...
Stacey, M, Gavin, M, Fitzgerald, S, McGrath-Champ, S & Wilson, R 2024, 'Reducing teachers’ workload or deskilling ‘core’ work? Analysis of a policy response to teacher workload demands', Discourse: Studies in the Cultural Politics of Education, vol. 45, no. 2, pp. 187-199.
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Sutton, N, Ma, N, Yang, JS & Lin, J 2024, 'Quality effects of home acquisitions in residential aged care', Australasian Journal on Ageing, vol. 43, no. 1, pp. 158-166.
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AbstractObjectiveThe recent consolidation of the Australian residential aged care market has raised concerns about the potential adverse effects of acquisition activity on quality of care (QoC). We examined changes in QoC outcomes within acquired homes and the influence of the acquiring providers' characteristics on these post‐acquisition outcomes.MethodsA retrospective observational study was conducted using de‐identified data sets obtained under the legal authority of the Royal Commission into Aged Care Quality and Safety. Regression analysis was used to investigate post‐acquisition changes in QoC outcomes for 225 Australian home acquisitions between 2015 and 2019. The outcomes were analysed for the first two full financial years before and after the acquisition.ResultsAfter controlling for other factors, we find acquired homes were associated with significantly worse QoC outcomes in the 2 years after acquisition, with higher rates of hospitalisations and reported complaints to the regulator. However, these results were driven by homes acquired by providers that were smaller in scale, for‐profit or had comparatively poorer average quality across the other homes they operated.ConclusionsOur finding that homes' QoC on average declines in the first 2 years following acquisition, are consistent with studies in other countries and points to the potential risks that consolidation poses to the care delivered to older people in Australia during that period.
Wright, CEF, Cortese, C, Al-Mamun, A & Ali, S 2024, 'The Whiteboard: Decoupling of ethnic and gender diversity reporting and practice in corporate Australia', Australian Journal of Management, vol. 49, no. 1, pp. 33-52.
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Diversity of company leadership is an important governance issue for corporations globally, yet the uneven treatment of diversity priorities remains a major challenge. We explore the extent and change over time of both gender and ethnic diversity in leadership and disclosure for Australia’s largest firms from 2005 to 2021. Using institutional theory, we compare the isomorphisms driving change, and examine the extent to which there is rhetorical decoupling between diversity disclosure and practice. Our analysis reveals a significant improvement in gender diversity over time but very little progress in the ethnic diversity of corporate leaders. We find a connection between diversity reporting and the appointment of female corporate leaders. However, there is a disconnection between public commitment to diversity and the appointment of non-white corporate leaders. A lack of regulation for diversity reporting contributes to this imbalance with different outcomes for gender and ethnic diversity as the result of different institutional isomorphisms. Our findings can inform policymakers and corporations, highlighting the importance of a range of institutional pressures that encourage the disclosure and practice of ethnic diversity in corporate leadership. JEL Classification: M14
Yan, K, Zhang, Z, Yang, L, Cao, Y & Shan, Y 2024, 'Capital generates green: Evidence from China's national innovation system policy', International Review of Financial Analysis, vol. 91, pp. 103033-103033.
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Yan, L, Keh, HT & Murray, KB 2024, 'Feeling the values: How pride and awe differentially enhance consumers’ sustainable behavioral intentions', Journal of the Academy of Marketing Science, vol. 52, no. 1, pp. 75-96.
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AbstractBuilding on prior work examining discrete emotions and consumer behavior, the present research proposes that consumers are more likely to engage in the target sustainable behavior when marketers use an emotional appeal that matches the brand’s expressed values or one that is congruent with consumers’ value priority. In particular, we focus on two contrasting positive emotions—pride and awe. We show that the effectiveness of pride and awe appeals depends on the corresponding human values. Specifically, pride increases sustainable behavior and intentions when the self-enhancement value is prioritized; and awe increases sustainable behavior and intentions when the self-transcendence value is prioritized. Importantly, this interaction can be explained by enhanced self-efficacy. We demonstrate these effects across six studies, including a field study. Our findings contribute to a better understanding of sustainable consumption, reconcile prior research, and provide practical guidance for marketers and policy-makers.
Zlatevska, N, Barton, B, Dubelaar, C & Hohberger, J 2024, 'Navigating Through Nutrition Labeling Effects: A Second-Order Meta-Analysis', Journal of Public Policy & Marketing, vol. 43, no. 1, pp. 76-94.
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Nutrition labeling interventions are designed to provide consumers with easily interpretable nutritional information at the point of purchase. Despite the widespread implementation of these interventions and numerous research studies, there is little consensus as to their effect on consumer behavior. To address this issue, a novel methodology of second-order meta-analysis was utilized to provide a comprehensive synthesis of prior research on nutrition labeling effects. The difference in effects across published first-order meta-analyses was investigated based on whether the aim of the intervention was to prevent the consumption of unhealthy food or promote the consumption of healthy food (prevention vs. promotion focus). The extent to which the aim of the intervention impacts other intervention and study characteristics in study outcomes was additionally examined. Analysis of 93 first-order meta-analysis effect sizes highlighted differences according to whether the aim of the intervention was to prevent the consumption of unhealthy food or promote the consumption of healthy food. Differences were identified in the size of nutrition label effects for various label types, label location, and study and sample characteristics. In addition to important public policy implications, this research contributes to the ongoing discussion on the merits and limitations of meta-analysis methodology.
Bairstow, N 2024, 'D2C (Direct-to-Consumer) Brands: Revolutionising Retail and Redefining Customer Relationships', Retail World.
Bairstow, N 2024, 'Taylor Swift Fans Will Spend $66 Million This Weekend During The Eras Tour', 10 Play.
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A new study estimates Sydney Swifties will shell out a whopping $66 million on Eras Tour merchandise during the star's visit to the Harbour City this week. According to Nigel Bairstow, a marketing expert at University of Technology Sydney, Swifties will spend on average $1,300 each on their Eras Tour experience. Over 300,000 Swifties are expected in total over four nights at Accor Stadium. Bairstow's estimate is based on ticket prices, accommodation, travel, food and drinks, outfits and merchandise.
Bairstow, N 2024, 'The Future of Barcodes: RFID & Image Barcodes: How They Will Impact Retail', Retail World.
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The convergence of barcode, RFID and image barcode (or visual recognition) technologies in the retail sectorwill provide seamless, personalized, and data-driven shopping experiences for customers.
Bairstow, N 2024, 'Understanding the Dynamics of Conflicts within Business Franchise Systems', Business Franchsie Magazine.
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Business franchises have emergedas a prevalent and effectivestrategy for business expansion,offering entrepreneurs theopportunity to own and operateunder an established brand,product, or service.Through franchise systems, companiescan rapidly expand their market presence,tap into local markets, and boost revenuestreams. However, like any intricatebusiness arrangement, franchise systems aresusceptible to conflicts. Understanding thedynamics of conflict within these systemsis vital for preserving relationship harmony,safeguarding brand integrity, and ensuringlong-term success. These conflicts, whethertemporary, permanent, or imagined, areinherent to business franchise systems.
Bairstow, N & Singh, S 2024, 'Nurturing Well-being: The Evolution of Health and Wellness in Retail.', Retail World.
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The global health and wellnessmarket was valued atUS$5243 billion in 2022 and isexpected to reach more thanUS$8945 billion by 2032, growing at aCAGR of 5.5 per cent from 2023 to 2032(Precedence Research forecast).Several crucial factors propel the growthof this market, including the uptick inpersonal disposable income, heightenedconsumer awareness regarding healthand wellness products and services,increased government spending onsophisticated healthcare infrastructuredevelopment, and the population’saspiration for a healthy and active lifestyle.
Campbell, G 2024, 'Sydney Swifties estimated to spend up to $66 million on Eras Tour merchandise... after one fan splashed $20,000', Daily Mail Australia.
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A new study estimates Sydney Swifties will shell out a whopping $66 million on Eras Tour merchandise during the star's visit to the Harbour City this week. According to Nigel Bairstow, a marketing expert at University of Technology Sydney, Swifties will spend on average $1,300 each on their Eras Tour experience. Over 300,000 Swifties are expected in total over four nights at Accor Stadium. Bairstow's estimate is based on ticket prices, accommodation, travel, food and drinks, outfits and merchandise.
Catterns, A, Darcy, S, Methcalf, W & Ring, A 2024, 'Ageism in the travel industry', ABC Radio National.
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If you've read the fineprint of your hotel terms and conditions or travel insurance, you might find that people over a certain age have very expensive premiums or are not welcome at all. We explore how common ageism in travel really is and look at how to embrace inclusive tourism.
Kwan, B 2024, 'New study finds improved quality of life linked to physical activity for disability population', SBS News.
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The first systematic review of the benefits of regular physical activity for the disability population has been completed by Australian researchers. They found that indicators on participation, mobility and quality of life were consistently enhanced in ways that offer a scaleable strategy to increase physical activity.
Li, M & Cummins, D 2024, 'Constrain equilibrium climate sensitivity via composite likelihood'.
Morriss, L 2024, 'Thousands of Sydney fans queue for Taylor Swift merchandise', Sydney Morning Herald.
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The average spend of a Taylor Swift fan is expected to be $1300 inclusive of tickets, travel, accommodation, and merchandise, according to Dr Nigel Bairstow, lecturer in marketing at the University of Technology Sydney. But some fans carried away bags of merchandise worth thousands of dollars.Fans began lining up from 4am, security staff reported, bringing mattresses with them to prepare for the 10am opening, with organisers deciding last minute to open almost an hour early.
Paul, S 2024, '8 ways Woolworths and Coles squeeze their suppliers and their customers', The Conversation.
Paul, S 2024, 'Australians dropping fruit and vegetables from diet amid cost-of-living crisis', The Guardian.
Paul, S 2024, 'Australians squeezed by supermarkets as US moves to stop its own duopoly', The New Daily.
Paul, S 2024, 'Farmers paid too little, shoppers charged too much – it’s a win-win for Australia’s supermarkets', The Guardian.
Paul, S 2024, 'Fashioning a circular future for traditional and alternative leather', Mongabay News.
Paul, S 2024, 'Fines favoured over divestiture powers in supermarket code of conduct review', The New Daily.
Paul, S 2024, 'Fixing Australia’s supermarkets: how to drive competition without wielding a hammer', The Guardian.
Paul, S 2024, 'GOVERNMENT ANNOUNCES REVIEW INTO ALLEGED SUPERMARKET PRICE GOUGING', The Wire.
Paul, S 2024, 'Interview on impacts of Red Sea shipping disruption on Australian trade', 2CC Radio Canberra.
Paul, S 2024, 'Interview on Red Sea shipping disruption', 6PR Radio Perth.
Paul, S 2024, 'Interview on supermarkets’ tactics to deal with suppliers and consumers', 2CC Canberra Radio.
Paul, S 2024, 'Shrinkflation: Sneaky tactic costing Australians at the supermarket and beyond', The New Daily.
Paul, S 2024, 'Squeezed By Our Supermarket Giants', Think: Business Futures, 2SER 107.3 FM Radio.
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This week we look at our supermarket sector and ask is a lack of competitiveness behind some of the practices of Coles and Woolworths? Our guest this week is Dr Sanjoy Paul
Paul, S 2024, 'Supermarkets squeeze suppliers and customers', 2SER Radio Breakfast.
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The big two supermarkets, Coles and Woolworths, have reported record profits amid a rise in the cost of living.While both deny price gouging, there are now multiple inquiries and reviews targeting the duopoly.
Paul, S 2024, 'Supermarkets warned on pricing as government threatens tougher action', The New Daily.
Paul, S 2024, 'Supermarkets, airlines and power companies are charging ‘exploitative’ prices despite reaping record profits', The Conversation.
Paul, S 2024, 'The grocery costs are too darn high', The Wire Radio.
Paul, S 2024, 'What is causing the price increases that were found in supermarkets and other areas that affect millions of Australians?', JOY Drive Radio.
Paul, S 2024, 'What's a watermelon worth? How supermarket inquiries could increase your grocery bill', SBS News.
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Upcoming inquiries into supermarkets have been seen as a potential brake on price increases, but they could have unintended consequences.
Paul, S 2024, 'World Trade - Do We Need A Plan B', Think: Business Futures 2SER 107.3FM Radio.
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With the continuing attacks on shipping in the Red Sea countries like Australia that are dependent on world trade have been left exposed. In a world of conflict and risk what can we do to protect ourselves? To discuss the problems and some possible solutions we spoke with Dr Sanjoy Paul.
Ruby Ritchie and Maryanne Taouk 2024, 'Sydney-based fans expected to spend $66 million on Taylor Swift Merchandise.', ABC.
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Nigel Bairstow, a lecturer in marketing at the University of Technology Sydney (UTS) said a Taylor Swift fan will spend about $1,300 to attend her concert. The total cost for each fan is based on ticket prices, travel and accommodation, an outfit for the night, food and drink, and merchandise.
