Money Attitudes,Credit Card Use,and Compulsive Buying among American College Students

The consumer culture has evolved into one of the most powerful forces shaping individuals and societies (Roberts and Sepulveda 1999 a, b). The desire to become a member of the consumer culture appears to be universal (Droge and Mackoy 1995). Changing attitudes toward money are an important catalyst behind the spread of the consumer culture. Money is important—especially to American college students who have been raised in a credit card society where debt is used freely (Ritzer 1995). Schor (1998) believes that access to easy credit is one of the causes of overspending. Using a causal modeling approach, the present study investigated the role money attitudes and credit card use play in compulsive buying within a sample of American college students (see Figure 1). Findings suggest that the money attitudes powerprestige, distrust, and anxiety (Yamauchi and Templer 1982) are closely related to compulsive buying and that credit card use often moderates these relationships. Study results have important public policy, marketing, and research implications.     

Concern with Immediate Consequences Magnifies the Impact of Compulsive Buying Tendencies on College Students' Credit Card Debt

This research examines whether temporal orientation moderates the impact of compulsive buying tendencies (CBT) on credit card debt. Participants completed the consideration of future consequences scale, a compulsive buying scale, and reported their credit card debt. Results revealed that CBT mediated the relationship between concern with immediate consequences and credit card debt, and high concern with immediate consequences magnified the impact of CBT on credit card debt. This suggests that compulsive buyers who focus on maximizing immediate consequences are at a much higher risk of building up significant amounts of credit card debt.     

Antecedents and Consequences of Buying Center Leadership: An Emergent Perspective

ABSTRACT

This paper provides a new model of buying center leadership. It draws upon the theory of emergent leadership to explore the potential for a relatively low-ranked member of a buying center to rise in stature and emerge as the group's de facto leader. It provides a theoretically-based analysis of the antecedents to such a role including communications, negotiating skills, power, and procedural control. It also reviews how these elements may be used to provide the group with two essential leadership functions–relational support and task support. It then examines how these functions, in turn, provide the individual with enhanced influence within the buying center. In this way, this paper provides a new conceptual framework for understanding buying center behavior.     

Direct-to-Consumer Genetic Testing and Its Marketing: Emergent Ethical and Public Policy Implications

Journal of Business Ethics - This paper provides a marketing ethics analysis that addresses the practice of selling genetic tests (GT) directly to the consumer (DTC). It details the...     

Capital Abundance and Its Consequences for Trade Policy

Intereconomics - Protectionist moves may be countered by reference to the conundrum of capital scarcity. In a world in which unilateral imposition of trade barriers are a looming possibility,...     

Diagnostic Screener for Compulsive Buying: Applications to the USA and South Korea

Compulsive behavior is an important topic for social scientists. One form of this behavior is compulsive buying. Using data sets from two countries, the USA and South Korea, the Diagnostic Screener for Compulsive Buying (DSCB) (Faber and O'Guinn 1992) is tested with specific emphasis on the scale's cross‐cultural transferability. We find evidence that the DSCB is unidimensional in the USA and bi‐dimensional in South Korea, suggesting a lack of transferability. Potential cultural reasons for the findings are discussed in detail as well as the implications for public policy and future research.     

Diffusing the Cloud: Cloud Computing and Implications for Public Policy

Cloud Computing is rapidly emerging as the new information technology platform. It is, however, much more than simply a new set of technologies and business models. Cloud Computing is transforming how consumers, companies, and governments store information, how they process that information, and how they utilize computing power. It can be an engine of innovation, a platform for entrepreneurship, and driver of corporate efficiency. While an increasingly commonly term, confusion remains over what exactly constitutes Cloud Computing, how the markets are unfolding, and what forces will drive their evolution and diffusion. This paper provides an overview and conceptual tools for business leaders, policymakers, and non-specialist scholars to identify, distill, and easily understand the core aspects of how Cloud Computing service markets are developing, and how an array of policy issues will influence how this new computing platform unfolds across the world.     

Risk-Benefit Analysis of Cigarette Smoking: Public Policy Implications

The objective of this study is to investigate the internal risks and benefits from smoking over the lifetime of a male individual. It differs from many earlier studies in that it focuses on the costs borne by the individual, as opposed to external or societal costs. It also includes the benefits from smoking which play an important role in the individual's smoking decision. Risk-benefit ratios range from 0.25 to 3.67 depending on the tar and nicotine content of cigarettes, the discount or time preference rate, the value of a life year, and the price elasticity of demand for cigarettes.     

Examining the Covert Nature of Product Placement: Implications for Public Policy

As consumers become better educated and more skeptical of traditional advertising, alternate forms of marketing communication have emerged that aim to influence audiences unobtrusively. One such example is product placement. Product placement has attracted ongoing debate as to whether it is covert, unethical, and influences consumption. The current article examines the nature and practice of product placement in this light. This taxonomy of product placement attributes is based on current marketing practice and examines whether this is, indeed, a covert marketing strategy. Further, it presents a conceptualization of the influence of product placement on consumer welfare. We highlight that the many forms of product placement necessitate independent evaluation to determine ethical and regulatory standards. Operational solutions for developing public policy are offered.     

中韩大学生运动品牌购买行为比较分析

为探究中韩不同类型的大学生消费者要求的不同产品组合方案;通过对两国大学生消费行为的比较研究,期望能够使运动品牌生产企业进一步加深对中韩市场的了解,并据此针对不同的消费者制定更加科学合理的营销策略.研究结果发现,韩国大学生从消费类型上大多数属于计划严谨型与保守传统型.喜欢事先制定购买计划,注重款式、价格与购物环境;具有节俭的习惯,注重价格,倾向于购买中低档商品;而中国大学生则多数属于享受购买型与流行时尚型.执着于享受开心购物过程,注重价格、商店与促销;着力追求最新时尚,注重品牌和流行元素.建议相关企业依据这些特点制定合理的营销策略.     

石油行业税负政策的国际比较与借鉴

本文以石油行业财税政策的理论研究为基础,对国内外大型石油企业的税负进行对比。结果表明,我国石油企业税收负担相对繁重,如何改善国内税收状况已成为理论界与实务界共同关注的热点。在剖析我国石油财税政策存在的问题及原因的基础上,借鉴、参照以美国为代表的国际成熟石油税收体系,提出一些政策性建议,并探索我国石油财税政策的改革之路。     

城市居民循环回收行为的实证分析及政策含义

文章通过问卷调查,对城市居民的循环回收行为进行了具体测度和实证分析,以期为相关公共政策的制定提供借鉴。本研究旨在解决两个问题:一是测度居民在循环回收行为上的总体状况;二是考察不同的居民在循环回收行为上是否存在差异,即人口统计特征对循环回收行为是否存在影响。     

Smoking Behavior,Information Sources,and Consumption Values of Teenagers: Implications for Public Policy and Other Intervention Failures

This paper uses a hierarchical decision process model, uses of information, and a theory of consumption values as a strategic framework for evaluating the general failure of intervention strategies for teenage smoking initiation. Extremely high smoking consideration-to-trial rates and rapid cessation by occasional smokers provide narrow but unused strategic opportunities for intervention. Use of information sources varies by stage of model with interpersonal sources dominating consideration, trial, and cessation stages and mass media showing only a slightly increasing use in cessation compared to the earlier stages. The decision process model and consumption values are necessary for planning strategic interventions. Existing intervention programs are not appropriately targeted in the decision process. Programs should be developed to reduce the smoking consideration to trial rates in younger children and to encourage rapid cessation in older teenagers. The use of either print or broadcast mass media intervention programs is not supported.     

Increasing Sub-Saharan Africa's Share of Foreign Direct Investment: Public Policy Challenges,Strategies, and Implications

In this article, the author describes anecdotal predictors of foreign direct investment (FDI) inflows, which include key indicators of development, governance variables, information infrastructure, and business environment. He also presents the public policy challenges of increasing FDI to Sub-Saharan Africa. Using Porter's 1990 Porter , M. E. ( 1990 ). The competitive advantage of nations . New York : The Free Press .[Crossref] , [Google Scholar] framework of competitive advantage of nations as a backdrop, specific strategies to increase FDI inflows with their implications are offered. Among the suggested strategies and implications are using the “principle of clustering” where demand conditions are favorable, looking outside the traditional inflows of FDI to Africa, establishing carefully monitored export processing zones, expanding regional trading arrangements, working together to change the negative perceptions of the region, and reducing corruption. The article ends with a conclusion and discussion.     

Authentic Leadership: An Empirical Test of Its Antecedents,Consequences, and Mediating Mechanisms

The recent economic crisis as well as other disasters such as the oil spill in the Gulf of Mexico or the nuclear disaster in Japan has fanned calls for leaders who do not deny responsibility, hide information, and deceive others, but rather lead with authenticity and integrity. In this article, we empirically investigate the concept of authentic leadership. Specifically, we examine the antecedents and individual as well as group-level outcomes of authentic leadership in business (Study 1; n = 306) as well as research organizations (Study 2; n = 105). Findings reveal leader self-knowledge and self-consistency as antecedents of authentic leadership and followers’ satisfaction with supervisor, organizational commitment, and extra-effort as well as perceived team effectiveness as outcomes. The relations between authentic leadership and followers’ work-related attitudes as well as perceived team effectiveness are mediated by perceived predictability of the leader, a particular facet of trust. We discuss the implications of our findings for theory and practice and provide suggestions for advancing theory and research on authentic leadership in the future.     

Supplier Role Conflict: An Investigation of Its Relational Implications and Impact on Supplier Accommodation

Existing research on supply chain relationships suggests that one of the underlying tensions between supply chain partners is that of opposing perspectives and goals in the customer?supplier relationship. In today's business world with requirements in constant flux, suppliers are often asked to accommodate “special” requests made by their customers, not part of the contractual agreement. Suppliers frequently fill requests to protect the relationship with the customer, even if they fall outside of what they consider their role as a supplier. Issues of supplier role conflict emerge when customers and suppliers have different views of what the supplier's role should entail. There is little research examining the potential for supplier role conflict in supply chains. Specifically, this research draws on literature from multiple disciplines to consider supplier role conflict that may stem from accommodation and the impact of this role conflict and supplier accommodation on the supply chain relationship and future accommodation behavior. Hypotheses are tested using two scenario‐based experiments. Results suggest that supplier adaptation and flexibility both have positive relational effects. If suppliers perceive accommodation requests as outside of their contracted role, supplier role conflict can have detrimental effects on the supplier's relationship perceptions and their willingness for future accommodation.     

Investing Public Pensions in the Stock Market: Implications for Risk Sharing,Capital Formation and Public Policy in the Developed and Developing World

Concerns that existing public pension systems will be unable to pay benefits to a rapidly ageing population without sharp tax increases, and the prospect of higher average returns on stocks than on government securities, are drawing the attention of policy–makers worldwide to the option of investing public pension assets in stocks. Including stock market investments in public pension plans could improve risk sharing within and between generations, and could perhaps lead to faster market development in some countries. It could also result in excessive risk–taking, higher transactions costs and a false sense of increased financial security. This paper assesses these issues, with an emphasis on the considerations that are of special importance to developing markets. A contrast is drawn between the demographic outlook in East Asia and the major industrialized countries. Some lessons are drawn from the reform experience in Chile and elsewhere in Latin America.     

A Second-hand Shoppers’ Motivation Scale: Antecedents, Consequences, and Implications for Retailers

In view of growing interest in alternative consumption channels and critiques of conventional retailing, this study proposes a scale of second-hand shopping motivations. After defining the concept, we present the characteristics of second-hand shopping and explain the importance of a motivation-based approach. Through qualitative and quantitative studies and two data collections carried out in France with 708 subjects, we propose a reliable, valid, eight-factor scale that includes motivations related to products and distribution channels. A second-order hierarchical structure supports the tripartite nature (critical, economic, and recreational) of this form of shopping. Furthermore, the measure reveals, through a typological analysis, four consumer segments: “polymorphous enthusiasts”, “thrifty critics”, “nostalgic hedonists”, and “regular specialist shoppers”. We discuss the applications of this new scale and their implications for both research and retailing strategies.     

Foreign Direct Investment: Its Causes, Its Contribution and Some of Its Consequences

As was documented in the last Business Strategy Review, foreign direct investment expanded very rapidly in the late 1980's, particularly in the United Kingdom. It is a development that is welcomed and feared in about equal measure. In America, it has stimulated a debate about who truly represents the commercial interest of Americans, the question of "who is us?". This article documents the growth of FDI, and traces some of the factors which have shaped it, and it closely investigates what the implications are for government policy towards industry.