Who become serial and portfolio entrepreneurs?

“Serial entrepreneurs” run multiple businesses in sequence while “portfolio entrepreneurs” run multiple businesses in parallel; they differ from “novice entrepreneurs” who have so far operated only one venture. The present paper is the first to model occupational choices between all three entrepreneurial types: It goes on to discuss its theoretical predictions in the light of independent evidence about serial and portfolio entrepreneurship from the extant literature.     

Japanese multinationals: How different are they?

Encarnation, D.J. (Ed.). (1999). Japanese Multina‐tionals in Asia, Regional Operations in Comparative Perspective. New York: Oxford University Press, 301 pages, ISBN 0‐19‐512065‐5. Beamish, P.W., Delios, A., & Lecraw, D.J. (Eds.). 1997. Japanese Multinationals in the Global Economy. Cheltenham, UK: Edward Elgar, 352 pages, ISBN 1‐85898‐720‐2. Beechler, S.L., & Bird, A. (Eds.). (1999). Japanese Multinationals Abroad, Individual and Organizational Learning. New York: Oxford University Press, 283 pages, ISBN 0‐19‐511925‐8.     

Generation Y female and male decision-making styles in Iran: are they different?

In the early 2000s the Iranian government liberalized investment regulations and many foreign companies entered this high potential market where end-user consumers mainly comprise young people. Unfortunately, there are few studies of shopping behavior. This study compares Generation Y female and male consumer decision-making styles to offer guidelines to Iranian and overseas marketers. Sproles and Kendall's Consumer Styles Inventory (CSI) was adopted. The results show some differences between female and male decision-making styles, suggesting that gender affects shopping behavior. Identification of new traits suggests that CSI cannot be applied without considering socio-cultural factors.     

Entrepreneurial processes in social contexts: how are they different, if at all?

Scholars have compared and contrasted commercial and social entrepreneurship along a variety of dimensions, suggesting that entrepreneurial antecedents and outcomes differ within a social context. However, little is known about whether entrepreneurial processes differ within social contexts. In this paper, we ask to what extent the antecedents and outcomes that make social entrepreneurship unique influence entrepreneurial processes. Using an inputs–throughputs–outputs framework, we assess the relationship between four antecedents (social mission/motivation, opportunity identification, access to resources/funding, and multiple stakeholders) and three outcomes (social value creation, sustainable solutions, and satisfying multiple stakeholders) to the dimensions of entrepreneurial orientation (innovativeness, proactiveness, risk-taking, competitive aggressiveness, and autonomy) (Lumpkin and Dess, Acad Manag Rev 21(1):135–172, 1996). Our analysis suggests that many entrepreneurial processes remain essentially the same or are affected only slightly. However, autonomy, competitive aggressiveness, and risk-taking are influenced to some extent by the presence of multiple stakeholders and access to resources/funding. Entrepreneurial processes may also differ when applied to efforts to satisfy multiple stakeholders and achieve sustainable solutions. We subsequently discuss the implications of our analysis for future social entrepreneurship research and practice.     

Marketing communication and corporate identity: are they integrated?

Although corporate identity was originally defined in terms of the visual representation of a company, later writers employed broader definitions, which have highlighted the importance of the various forms of communication in corporate identity management. Recent models of the corporate identity management process have reflected the importance of communication in the management of corporate identity. Corporate communication has been regarded as being composed of three forms: management, marketing and organizational communication. Most organizations are structured such that management and organizational communication are closely aligned with the corporate identity of an organization. However, the conjunction between corporate identity and marketing communication is less discernible. It has been noted that the interaction between corporate and marketing communication is 'tentative and embryonic in nature'. The authors conducted empirical research, which explored the extent to which corporate identity was integrated into the marketing communication campaigns of these practitioners. The conclusions from this exploratory research suggest that there are substantial barriers to the successful integration of corporate identity with marketing communications. Barriers such as the importance of integration not being accepted by clients, the focus of marketing managers on short-term goals, too many people involved with managing the core message of corporate identity and an ad hoc approach towards marketing communication were important. Further research into structural and behavioural ways of overcoming these barriers could prove to be extremely valuable.     

Purchasing behaviour of ethnicities: Are they different?

This paper investigates actual purchasing behaviour of different ethnicities. Using a national representative sample of Chinese and Malay households in Malaysia, with their continuous purchases of toothpaste, body wash, packaged tea and plain sweet biscuits recorded over a two-year period of 2011–2012, we found that overall there is significant difference between purchasing frequency distributions of the two ethnic groups. However, after controlling for household size, we found mostly no significant differences between the two groups at small and medium household size, but a significant difference at large household size. We also found that the purchasing frequency distributions of the two ethnic groups are accurately modelled by the negative binomial distribution (NBD). The NBD also accurately predicts future purchasing behaviour of the different ethnic groups, highlighting a new application of Conditional Trend Analysis (CTA) in this context. Since both ethnic groups fit these models well, we suggest they follow the same underlying pattern of buying behaviour in consumer good categories and do not differ due to ethnicity.     

Capital-flow management measures: What are they good for?

Are capital controls and macroprudential measures related to international exposures successful in achieving their objectives? Assessing their effectiveness is complicated by selection bias; countries which change their capital-flow management measures (CFMs) often share specific characteristics and are responding to changes in variables that the CFMs are intended to influence. This paper addresses these challenges by using a propensity-score matching methodology. We also create a new database with detailed information on weekly changes in controls on capital inflows, capital outflows, and macroprudential measures related to international transactions from 2009 to 2011 for 60 countries. Results show that these macroprudential measures can significantly reduce some measures of financial fragility. Most CFMs do not significantly affect other key targets, however, such as exchange rates, capital flows, interest-rate differentials, inflation, equity indices, and different volatilities. One exception is that removing controls on capital outflows may reduce real exchange rate appreciation. Therefore, certain CFMs can be effective in accomplishing specific goals—but most popular measures are not “good for” accomplishing their stated aims.     

The cost of injustice: overall justice,emotional exhaustion,and performance among entrepreneurs: do founders fare better?

Small Business Economics - In this paper, we build on the allostatic load model, developed in stress research, to explore the impact of entrepreneurs’ overall justice perceptions on emotional...     

Motorcycle safety programmes in Malaysia: how effective are they?

This paper presents the approach taken by the Malaysian Government to contain motorcycle casualties in Malaysia. It involves the exposure control, crash prevention, behaviour modification and injury control related to humans, vehicles and the environment based on pre-crash, crash and post-crash scenarios of motorcycle accidents. These initiatives emanated mainly from the research and development carried out by the Road Safety Research Centre at Universiti Putra Malaysia. Recent outcomes from these initiatives are presented and their impact is highlighted.     

The ecological conscious consumer behaviour: are the activists different?

In recent decades, concern about the environment has been increasing. Many individuals are now more worried about their purchasing behaviour and the consequences their actions could have for the environment. Managers are becoming more committed to responding to individual needs and desires in a responsible way, taking into account possible environmental damage. Previous studies concentrated more on explaining this phenomenon through demographic variables, but the trend now is towards explaining this through psychographic and environmental variables, which have already been shown to be the most significant in this context. This study sought to establish the relationship between activists and ecologically conscious consumer behaviour (ECCB) by analyzing the profile of green consumers (i.e. demographic and psychographic variables). To reach this objective, an online survey was conducted. The results of data analyses support the conclusion that activism is the strongest predictor of ECCB.     

Why are women left at home: are they unwilling to go on international assignments?

Increasing numbers of women may be climbing the corporate ladder, but when it comes to sending managers on overseas assignments, women are staying home. Is it that women are not interested in international careers, that for some reason companies are reluctant to send women abroad, or that women in foreign countries experience prejudice that prevents them from being effective on their jobs? Our results, based on an extensive survey of female expatriates and their supervisors, indicate that the key may lie in the significantly different views the women and their supervisors hold on the women’s interest in pursuing international assignments and in their expectations concerning the prejudice they are likely to encounter. In short, these parties typically do not openly discuss the issues surrounding this important management decision. In addition to presenting the results of our survey, this article discusses strategies to encourage companies to consider women for international assignments and that women can use to increase their chances of being considered. It also presents suggestions for future research.     

Do founders matter? A study of executive compensation,governance structure and firm performance

This study compares founder-CEOs and professional CEOs in newly public firms in terms of executive compensation, governance structure, and firm performance. The paper applies a series of decomposition methods to separate founders' extrinsic characteristics from their intrinsic endowments. The paper finds that founder CEOs tend to earn smaller incentive compensation and smaller total compensation than professional CEOs. Founder-managed firms are associated with higher financial performance and are more likely to survive than professional managed firms. Firms with founder-CEOs are associated with even higher financial performance when the position of CEO and chairperson of the board is combined.     

Internal and external drivers for quality certification in the service industry: Do they have different impacts on success?

This paper presents the results of a study of hotels that are certified for quality management to identify the reasons for seeking quality certification. The authors analyse whether internal or external drivers for seeking certification have different impacts on benefits and the use of quality tools in the hotel industry. The analysis groups hotels according to the importance of their internal reasons for certification, and uses cluster analysis to identify the significant differences between groups of hotels. The findings for the 32 hotels analysed show that hotels that pursued certification for internal reasons develop better quality tools and have increased levels of benefits.     

Recording discrepancies in Nielsen Homescan data: Are they present and do they matter?

We report results from a validation study of the Nielsen Homescan consumer panel data. We use data from a large grocery retailer to match transactions that were recorded by the retailer (at the store) and by the Homescan panelist (at home). The matched data allow us to identify and document discrepancies between the two data sets in reported shopping trips, products, prices, and quantities. We find that the discrepancies are largest for the price variable, and show that they are due to two effects: the first seems like standard recording errors (by Nielsen or the panelists), while the second is likely due to the way Nielsen imputes prices. We present two simple applications to illustrate the impact of recording differences, and we use one of the applications to illustrate how the validation study can be used to adjust estimates obtained from Nielsen Homescan data. The results suggest that while recording discrepancies are clearly present and potentially impact results, corrections, like the one we employ, can be adopted by users of Homescan to investigate the robustness of their results to such potential recording differences.     

Ad scepticism and retouch-free disclaimers: Are they worth it?

Abstract

The present study analyses the impact of ad scepticism on the way consumers perceive advertising and process its effects, and considers the influence of ad disclaimers. We conduct an experiment that explores three different contexts, namely (1) the total absence of ad disclaimers, (2) the presence of a retouch-free disclaimer and (3) the presence of a retouched disclaimer. By showing how ad scepticism fits in the advertising attitudinal approach, and how new digital developments affect consumers’ processing of advertisements, the results of this experiment can contribute to the marketing literature and clarify relevant topics for practitioners. This paper shows the significant influence played by ad believability and attitude towards the ad on behavioural intentions. This underlines, particularly for marketing practitioners, the importance of an ad’s believability and the credibility of its claims in the sales outcome. Most importantly, the framework offered by this paper shifts the attention towards the believability of advertising disclaimers aimed at clarifying the use of digitally enhanced images.     

Self-regulation,Corporate Social Responsibility,and the Business Case: Do they Work in Achieving Workplace Equality and Safety?

The political shift toward an economic liberalism in many developed market economies, emphasizing the importance of the marketplace rather than government intervention in the economy and society (Dorman, Systematic Occupational Health and Safety Management: Perspectives on an International Development, 2000; Tombs, Policy and Practice in Health and Safety 3(1):24–25, 2005; Walters, Policy and Practice in Health and Safety 03(2):3–19, 2005), featured a prominent discourse centered on the need for business flexibility and competitiveness in a global economy (Dorman, 2000; Tombs, 2005). Alongside these developments was an increasing pressure for corporate social responsibility (CSR). The business case for CSR – that corporations would benefit from voluntarily being socially responsible – was increasingly promoted by governments and corporations as part of the justification for self-regulation. The aim of the article is to examine more closely the proposition that self-regulation is effective, with particular reference to the business case for workplace equality and safety. Based on a comprehensive literature review and documentary analysis, it was found that current predominant management discourse and practice focusing on diversity and safety management systems (OHSMS) resonate well with a government and corporate preference for the business case and self-regulation. However, the centrality of individual rather than organizational factors in diversity and OHSMS means that systemic discrimination and inherent workplace hazards are downplayed, making it less likely that employers will initiate structural remedies needed for real change. Thus, reliance on the business case in the argument for self-regulation is problematic. In terms of government policy and management practice, the business case needs to be supplemented by strong, proactive legislation, and worker involvement.     

Trade Liberalisation and Poverty: What are the Links?

This paper asks whether a developing country's own trade liberalisation could translate into increased poverty, and what information would be required to identify whether it will do so. It plots the channels through which such effects might operate, identifying the static effects via four broad groups of institutions – households, distribution channels, factor markets and government – and the dynamic issues of volatility, long–term economic growth, and short–term adjustment stresses. An increase in the price of something a household sells (labour, good, service) increases its welfare. Thus, the paper first explores the likely effects of trade liberalisation on the prices of goods and services, taking into account the distribution sector. Also critical is whether trade reform creates or destroys markets. Trade reform is also likely to affects factor prices – of which the wages of the unskilled is the most important for poverty purposes. If reform boosts the demand for labour–intensive products, it boosts the demand for labour and wages and/or employment will increase. However, not all developing countries are relatively abundant in unskilled labour and trade can boost demand for semi–skilled rather than unskilled, labour. Hence poverty alleviation is not guaranteed. Trade reform can affect tariff revenue, but much less frequently and adversely than is popularly imagined. Even if it does, it is a political decision, not a law of nature, that the poor should suffer the resulting new taxes or cuts in government expenditure. Opening up the economy can reduce risk and variability because world markets are usually more stable than domestic ones. But sometimes it will increase them because stabilisation schemes are undermined or because residents switch to riskier activities. The non–poor can generally tide themselves over adjustment shocks from a liberalisation, so public policy should focus on whether the initially poor and near temporary, setbacks. The key to sustained poverty alleviation is economic growth. There is little reason to fear that growth will not boost the incomes of the poor. Similarly, while the argument that openness stimulates long–run growth has still not been completely proven, there is every presumption that it will.