Construction of a service quality scale for the online food delivery industry

The main purpose of this study is based on qualitative and quantitative research procedures, and integrates the key service factors for the online food delivery (OFD) industry extracted by Internet Big Data Analytics (IBDA) to construct a OFD service quality scale (OFD-SERV). This study takes OFD customers in Taipei City as the objects. The results show that 20 key service factors for the OFD industry are extracted through IBDA. The OFD-SERV scale contains six dimensions including reliability, maintenance of meal quality and hygiene, assurance, security, system operation and traceability, a total of 28 items. The results from the structural equation modeling showed that the reliability, assurance and system operation have a positive impact on customer satisfaction. Finally, the findings provide knowledge and inspiration for the current OFD, and enable OFD operators and future researchers to more accurately identify the deficiency of service quality.     

The role of culture and personality traits in board game habits and attitudes: Cross-cultural comparison between Denmark,Germany, and USA

This study investigated whether variations in personality traits are related to board game usage patterns and attitudes, and whether such associations are expressed differently across countries that reflect different cultural orientations and values. A cross-sectional online survey was distributed among 486 Danes, Germans, and Americans, whose personalities were assessed through the NEO-FFI questionnaire. Participants also indicated their liking levels, attitudes, and playing frequency of board games. Results showed significant associations between personality traits and board game-related attitudes and habits. However, these associations were moderated by culture and primarily predicted responses among Danish participants, but not their American or German counterparts. These findings have important implications for the board-game industry, a multi-billion-dollar market worldwide. Furthermore, findings can shed light on how to better personalize and design board games according to personality traits and culture-specific preferences, which should have a significant impact on the user experience and ultimately increase sales.     

衍生金融工具的演变对公司法股东至上原则的影响及修正

传统公司法以股东至上为基本原则,并以此为轴心进行系列制度安排.衍生金融工具的应用,使股票与债券等原生金融工具蕴涵的收益与风险要素得以重新打包组合,满足投资者个性化需求.但是附着原生金融工具上的法律的权利与义务却未能完全对应地转移,使得股权与债权的界线逐渐模糊,形成公司法对除股东以外的其他类型投资者保护的缺口.公司法应该对这些新型的交易关系进行确认,对股东至上原则进行修正,调整保护对象和范围,容纳更多的与公司发展攸关的利益主体的利益诉求.     

大数据环境特征对IT外包项目绩效的影响

对知识密集型的IT外包行业来说,大数据环境成为接包企业潜在的知识来源。然而,大数据环境是否真的促进IT接包项目绩效？如何从中获益？现有文献对这些问题缺乏研究。基于资源编排理论,探讨了大数据易得性和冗杂性对IT接包项目绩效的直接影响,检验了功能组合和专项突破两种软件开发策略的调节作用,提出6条假设,采用195个IT外包项目数据进行检验。研究发现,大数据易得性显著提高接包项目绩效,而大数据冗杂性显著降低项目绩效;功能组合策略增强而专项突破策略削弱了大数据易得性对项目绩效的促进作用;两种开发策略对大数据冗杂性与项目绩效关系的调节作用不显著。     

Investor Attention and Earnings Management around the World

This study examines the determinants of earnings management in an international setting using the limited investor attention model of Hirshleifer and Teoh ( 2003 ). The model predicts that investor attention reduces earnings management. I use analyst following, institutional ownership, and Big N auditor choice to proxy for investor attention. I have four key findings. First, I document that financial analysts curb earnings management in U.S. firms but not in non‐U.S. firms. Second, I document that institutional block‐holdings curb earnings management across the world. Third, Big N auditors reduce earnings management in U.S. firms but not in non‐U.S. firms. Fourth, I document that corporate governance mechanisms reduce earnings management in U.S. firms but not in non‐U.S. firms.     

Little leisure in the Big Society

The Big Society is a government and governance project that brings into question the existing relationship between the state and the citizen in the UK. One aspect of that changing relationship is the way in which government is willing and able to govern the population’s discretionary or leisure time. The success of the Big Society is dependent on a reorientation of leisure time use towards civic or voluntary action. In this policy analysis, the Big Society concept is deconstructed to examine the importance of leisure as a key determinant in meeting policy objectives. Time-use evidence is reviewed to explore the difficult question of how much scope there is for a reorientation of time-use that will go some way to realising the ambitions of the Big Society. The invisibility of leisure as an operationalised policy concept is revealed as a factor that ultimately limits the success of the project. An argument for including leisure in the Big Society policy discourse and decision-making is presented.     

Emergence of macro-variables by evaluation and clustering of micro- activities

Recent finance and economic forecasting and risk calculation failures made obvious that macro-modelling without micro-foundation may be treacherous. Reliable macro-modelling requires the consistent bundling of individual actions into intermediate and macro-variables exploiting the individual actions’ coordination and its dynamics. The degree of coordination may range from chaos – absence of coordination – to determined situations caused by macro-level equilibrium dictating any agent's actions and inhibiting interactions. Coordination clusters individual actions into real decision units such as companies, political parties and unions. It structures the emergent intermediate and macro-level situations vitally.The paper presents first a centennial history of prominent scholars’ quotes questioning the equilibrium paradigm, a short survey of prevailing paradigm's deficiencies laid bare once again by the latest financial crises.It proposes second discrete choice (DC) – successfully applied in different fields – to model the individual agent's decision. DCs innovative integration into a Markov process provides a steady foundation to model interactions of individual agents consistently.The final section justifies the actions’ proposed interactive bundling by referring to recent advances in data processing and network topology. The dynamic modelling of the actions’ and interactions’ coordination breaks fresh grounds both with regards to mathematical, computational and economic modeling requirements. The combination of latest developments in data processing like Big Data and the recently (re)discovered network topology capabilities may cope with these challenges.     

The effect of corporate governance on CEO luck: Evidence from the Institutional Shareholder Services (ISS)

CEOs are “lucky” when they receive stock option grants on days when the stock price is the lowest in the month of the grant, implying opportunistic timing. Extending the work of Bebchuk et al. (2010), we explore the effect of overall corporate governance quality on CEO luck. Provided by the Institutional Shareholder Services (ISS), our comprehensive governance metrics are much broader than those used in prior studies, encompassing more diverse aspects of corporate governance, such as audit, state laws, boards, ownership, and director education. We show that an improvement in governance quality by one standard deviation diminishes CEO luck by 14.77–21.06%. The governance standards recommended by ISS appear to be effective in deterring the opportunistic timing of option grants.     

建立广东供销合作经济信息大数据应用平台探讨

针对农产品与最终客用的供应链环节诸多问题,结合目前平价商店建设难以取得有效的供需环节成本降低、不利于取得引导市场价格合理形成等现象。本文认为解决涉农供需问题的最终出路,在于引导涉农产品供应链环节上的各方,主动掌握瞬息万变市场的信息,对涉农产品信息的采集、加工、预测、应用,建立健全一套完整的大数据信息采集及应用体系很有必要。     

机构投资者持股和会计盈余质量

本文从会计盈余质量的角度来研究机构投资者(’在公司治理中的作用。我们从盈余管理程度、盈余信息含量和盈余稳健性等三个方面来衡量会计盈余的质量。三方面的研究结果显示,机构投资者持股有助于改善会计盈余的质量:机构投资者持股公司的会计盈余质量显著高于其他公司,并且会计盈余的质量随着机构投资者持股比例的增加而增加。进一步研究发现,机构投资者还能够缓解大股东对会计盈余信息含量的恶化,起到一定的制衡作用。本文的研究表明,机构投资者能够在一定程度上改善上市公司的盈余质量,其快速成长有助于公司治理结构的改善,也有助于资本市场信息披露环境的良性发展。