bluuebunny/crossref_metadata_2025_split huggingface dataset:
Decoding the impact of political uncertainty on IPO underpricing in China
Authors: Xie Yamin , Li Zhichao , Ouyang Wenjing , Wang Hongxia 
Published: October 2024

PurposePolitical factors play a crucial role in China's initial public offering (IPO) market due to its distinctive institutional context (i.e. “economic decentralization” and “political centralization”). Given the significant level of IPO underpricing in China, we examine the impact of local political uncertainty (measured by prefecture-level city official turnover rate) on IPO underpricing.Design/methodology/approachUsing 2,259 IPOs of A-share listed companies from 2001 to 2019, we employ a structural equation model (SEM) to examine the channel (voluntarily lower the issuance price vs aftermarket trading) through which political uncertainty affects IPO underpricing. We check the robustness of the results using bootstrap tests, adopting alternative proxies for political uncertainty and IPO underpricing and employing subsample analysis.FindingsLocal official turnover-induced political uncertainty increases IPO underpricing by IPO firms voluntarily reducing the issuance price rather than by affecting investor sentiment in aftermarket trading. These relations are stronger in firms with pre-IPO political connections. The effect of political uncertainty on IPO underpricing is also contingent upon the industry and the growth phase of an IPO firm, more pronounced in politically sensitive industries and firms listed on the growth enterprise market board.Originality/valueLocal government officials in China usually have a short tenure and Chinese firms witness significantly severe IPO underpricing. By introducing the SEM model in studying China IPO underpricing, this study identifies the channel through which local government official turnover to political uncertainty on IPO underpricing.
Creating enhanced work environments for global virtual teams: using CQ as the strongest link in the team
Authors: Balbinot Zandra , Farrell Wendy , Johnson William H.A. , Pissaris Seema , Cohen Eric David , Chun Jiang , Taras Vas 
Published: October 2024

PurposeThis study investigates how the maximum cultural intelligence (Max CQ) within a team – defined as the highest cultural intelligence level of an individual member – affects intra-team communication, conflict dynamics and, ultimately, team satisfaction and performance in global virtual teams (GVTs).Design/methodology/approachUtilizing quantitative research methods, this investigation draws on a dataset comprising 3,385 participants, which forms a total of 686 GVTs.FindingsThe study reveals that MaxCQ significantly enhances team communication, which in turn mitigates conflict, increases satisfaction and improves performance. It is noteworthy that the influence of MaxCQ on GVT success is more significant than the average cultural intelligence (CQ) of team members, providing critical insights for effective GVT management strategies.Practical implicationsThe findings suggest that managers may optimize team dynamics not by uniformly increasing each member’s CQ but by concentrating on maximizing the CQ of one individual who can act as an influencer within the team. Strategically placing individuals with high CQ in GVTs can enhance overall team function.Originality/valueWhile existing literature primarily examines the individual effects of CQ on communication and conflict management, this study sheds light on the collective interplay between MaxCQ, communication and conflict. It highlights the importance of MaxCQ, along with the frequency of team communication and conflict, in influencing team satisfaction and performance in GVTs.
Green Logistics 5.0: a review of sustainability-oriented innovation with foundation models in logistics
Authors: Nicoletti Bernardo , Appolloni Andrea 
Published: October 2024

PurposeThe paper uses foundation models to integrate the green approach in Logistics 5.0. Such integration is innovative in logistics and leads to a more sustainable and prosperous future. By harnessing the power of foundation models and incorporating sustainable principles, this paper can systematize the logistics industry’s environmental framework, increase its social responsibility and ensure its long-term economic viability.Design/methodology/approachGeneralizing environmental sustainability goals requires a multi-layered innovation approach incorporating corporate philosophy, products, processes and business models. In this paper, this comprehensive approach is not just a strategy but a necessity in the current global context. This paper uses the sustainability-oriented innovation (SOI) method, crucial for achieving explicit environmental, social and economic impacts.FindingsArtificial intelligence, especially foundation models, can contribute to green logistics by optimizing routes, reducing packaging waste, improving warehouse layouts and other functions presented in the paper. At the same time, they can also consider social, economic and governance goals.Research limitations/implicationsArtificial intelligence algorithms present challenges such as high initial investment, regulatory compliance and technological integration.Practical implicationsThe paper contains implications for developing environmentally sustainable logistics, which is currently one of the most significant challenges. The framework presented can apply to logistics companies.Originality/valueThis paper fulfills an identified need to study sustainability in logistics. The framework is entirely original and not present in the literature. It is essential to help design and implement innovative logistics approaches.
Do higher public and private debt levels benefit the wealthy? An empirical analysis of top wealth shares in the UK
Authors: De Vita Glauco , Luo Yun , Kyaw K. Sandar , Li Kexing 
Published: October 2024

Purpose Despite the concomitant rise in recent decades in both debt levels (public as well as private) and wealth inequality, empirical evidence on the relationship is absent in existing literature. This is striking especially since recent theoretical contributions point to a link between debt and wealth inequality. We contribute to the debate by investigating empirically whether higher levels of UK public and household debt increase the UK wealth concentration at the top 1 and 10% of the wealth distribution.Design/methodology/approach We employ the Autoregressive Distributed Lag (ARDL) cointegration approach with UK time series data from 1970 to 2019. For robustness, a further analysis using panel data fixed effects estimation on a cross-country sample that also includes France and the USA is undertaken. We also use bootstrapping to conservatively estimate statistical significance.Findings Higher levels of public and household debt are found to increase wealth concentration at the top 1 and 10%. The effect is stronger for household debt. Fixed effects estimation on a cross-country dataset supports the results for the UK.Originality/valueThis study is the first to investigate empirically whether rising levels of UK public and household debt benefit the wealthy and thus widen the gap between the “haves” and “have-nots”.
The mutual influence between entrepreneurial marketing and causal and effectual entrepreneurship: an empirical study in an emerging and developing economy
Authors: Capeli Carla Marieli Delmiro , Corrêa Victor Silva , Shigaki Helena Belintani , Melo Pedro Lucas de Resende 
Published: October 2024

PurposeEntrepreneurial marketing (EM) literature has evolved recently, but more understanding is needed on how the seven dimensions of EM impact causal and effectual entrepreneurial behavior and, similarly, how entrepreneurial behavior influences the results of all dimensions of the EM construct. This study investigates the association and mutual influence between EM and entrepreneurship.Design/methodology/approachThis study uses a qualitative strategy, addressing gaps due to its low incidence and employs theoretical replication, which is practically unexplored. It investigates two cases in Brazil: small companies (eight cases selected by literal replication) and a structured network of companies (one case selected by theoretical replication), predicting a positive influence of EM in the first case and a negative or neutral influence in the second.FindingsThe influence of EM on entrepreneurship is context-dependent and varies according to the empirical object. In turn, the impact of entrepreneurship on the results of the EM dimensions is more stable, primarily causal and varies slightly between structures.Originality/valueFirst, by studying how the dimensions of EM impact causal/effectual behavior, this study broadens the understanding of the area, which was previously focused on only a few dimensions. Second, by investigating the impact of entrepreneurship on EM outcomes, this study sheds light on the influence of and differences in causal/effectual behavior in each of the seven dimensions. Finally, it extends the understanding of EM and entrepreneurship in small businesses and a structured network by identifying similarities and distinctions hitherto unexplored.
Relationship between authentic leadership, service quality, organizational commitment and work engagement: testing a moderated mediation model
Authors: Changar Mustafa , Sesen Harun 
Published: October 2024

PurposeThe purpose of this research is to determine how and why authentic leadership affects service quality. For this aim, a conceptual model comprising authentic leadership, service quality, organizational commitment and work engagement has been proposed.Design/methodology/approachPrivate sector employees from various sectors in North Cyprus were targeted for this research. Through convenience sampling, we collected 298 responses at Time 1 and 265 responses at Time 2. After data cleaning, the total responses available for analysis were 258 (the response rate is 72%). The five-step strategy was applied for translation, and the data were analyzed using IBM AMOS 21.0.FindingsFindings show authentic leadership influences service quality directly and indirectly through organizational commitment. Moreover, work engagement has a moderated mediation position in this relationship.Originality/valueThe research model is a new attempt in the literature and contributes to leadership research by testing the effects of authentic leadership on service quality through the moderated mediation effect of work engagement.
Thailand’s Kra Canal: economic feasibility and expert perspectives on its complexity
Authors: Tseng Po-Hsing , Pilcher Nick 
Published: October 2024

PurposeAsia is one of the most important economic regions of the world. The Kra Canal is considered as a potential maritime transportation node in global trade. Indeed, for centuries, a canal across the Kra isthmus in Thailand has been proposed as holding significant economic and logistical benefits through goods transfer and exchange, yet it remains unconstructed. Common tools in feasibility studies are PESTELE and SWOT analyses, which incorporate cost-benefit and value analyses. The purpose of this paper is to assess the feasibility of the Kra Canal using approaches to complement existing studies.Design/methodology/approachIn this paper, we combine quantitative and qualitative methodologies to holistically assess the feasibility of the Kra Canal. Quantitatively, we consider the economic feasibility of the canal using Net Present Value to evaluate its potential financial benefits. Qualitatively, we then present expert perspectives gathered from in-depth interviews with field experts (n = 20) to identify key aspects of complexity related to the economic, political and overall feasibility of the canal.FindingsWe discuss the possibility of the canal’s construction and describe possible future impacts the canal could have on the region geopolitically, for example, in its role in China’s One Belt One Road initiative and also in how Singapore and Tanjung Pelapas in Malaysia might react. Ultimately, we find significant complexities with the Kra Canal project, ones which anyone contemplating its construction would, we argue, be wise to consider.Originality/valueThis paper combined qualitative and quantitative methods to explore the economic, political and overall feasibility of the Kra Canal. The methodologies and findings supplement past relevant studies and help evaluate the economic, political and overall feasibility of the Kra Canal’s investment project. This is particularly timely considering its potential ability as a route given recent geopolitical events and, for example, as part of China’s Belt and Road initiative and its ability to reduce carbon and sulphur emissions.
Revealing the hidden wealth in healthcare: an empirical study of intellectual capital disclosure in leading global hospitals
Authors: Marrone Arcangelo , L'Abate Vitiana , Raimo Nicola , Vitolla Filippo 
Published: October 2024

Purpose
Under the lens of stakeholder theory, this study aims to explore the dissemination of intellectual capital (IC) information within the healthcare sector. Specifically, the primary objective is to investigate the extent of IC disclosure (ICD) among leading global hospitals and its underlying determinants.

Design/methodology/approach
This study conducts a manual content analysis of the official websites of 175 leading global hospitals, selected based on The World’s Best Hospitals 2022, and uses a linear regression model to test the research hypotheses.

Findings
The empirical results underscore an adequate dissemination of IC information by leading global hospitals through their official websites. Moreover, they reveal a positive association between hospital complexity, public status, and online visibility with the extent of IC information disclosed.

Originality/value
This study represents a pioneering contribution to the examination of determinants influencing online ICD within a global hospital context. It significantly enhances the existing literature on ICD and offers valuable practical implications.
Revealing consumption behaviors in the sharing economy: what leads consumers to replace traditional channels?
Authors: Cappa Francesco , Ardito Lorenzo , Messeni Petruzzelli Antonio , Peruffo Enzo 
Published: October 2024

PurposeAdvances in information technology and the increasing digitalization of the general public have favored the growth of the sharing economy. The sharing economy is based on transactions of idle resources between individuals to satisfy cogent needs. Notwithstanding the great interest in this emerging phenomenon, it is still not clear which factors are driving the shift in consumer consumption behavior from the traditional economy toward this new economic model. Grounded in self-determination theory, we contend that what is needed is a holistic approach that considers the three elements involved in sharing economy transactions, namely (1) consumer motivations, (2) web-based platforms and (3) types of assets exchanged.Design/methodology/approachTo conduct our study, we used the Flash Eurobarometer 467 database titled “The Use of the Collaborative Economy,” collected by the European Union with Flash Eurobarometer datasets and openly available to the public. Consequently, our study aims to provide results based on a large-scale quantitative analysis involving a large number of individuals and multiple sectors.FindingsOur findings provide empirical evidence of the positive effects of the shift in consumption behavior toward the sharing economy brought about by (1) consumers’ intrinsic motivations, (2) the quality of the platform and (3) the human asset-based categories of products offered.Originality/valueThis research seeks to advance understanding of the factors that facilitate the adoption of the sharing economy, and we provide managers and policymakers with suggestions regarding the factors they may leverage to further favor the spread of this economic model.
Ecolabelling: a meta-analytic structural equation modelling approach
Authors: Vinoi Nivin , Vishwakarma Pankaj 
Published: October 2024

PurposeResearchers have devoted considerable attention to ecolabel products and their purchase intention. However, empirical research often presents relatively unpredictable and uneven results. Thus, the relationship between the antecedents and outcome variables among ecolabelling studies, such as purchase intention, remains ambiguous. To address this gap in the literature, this study combines the Theory of Planned Behaviour (TPB) and Stimulus, Organism, Response (SOR) theory within a meta-analytic framework, consolidating existing literature on the purchase intention of eco-labelled products to analyse concrete relationships between antecedents and purchase intention.Design/methodology/approachWe conducted a comprehensive analysis of 37 studies and a total sample size of 16,672 participants. The analysis employed a MASEM technique, and the findings of the analysis offer empirical support for the significance of all the proposed relationships within the provided conceptual framework.FindingsThe results revealed that environmental advertising significantly impacts green attitude and later substantially influences consumers' intention to make environmentally conscious purchases. The present study also has examined the potential inclusion of different recommended moderators, such as time period and sample size.Research limitations/implicationsThe current study focuses on core variables consistently utilized in previous research. Apart from these, additional variables have also been considered in the ecolabelling literature but have not been included in the scope of this study. Future research endeavours may incorporate additional moderators, such as cultural differences and gender dominance, to further enhance the understanding of the subject matter.Originality/valueNotably, it stands out as one of the initial meta-analyses on ecolabelling, which also incorporated the examination of several moderators.
Effect of institute and LMS service quality on HEI Brand Equity: an empirical investigation
Authors: Mishra Rashmi , Mishra Abhishek , Tiwari Veenus , Jain Rajendra Kumar 
Published: October 2024

Purpose
The purpose of this paper is to examine the education service quality factors, for online education context, that drive the brand equity of a higher education institute. In the times of emerging online education programmes by otherwise traditional institutes, assessing the service quality of educational institutions and its effect on the institute’s brand represents an extant research gap.

Design/methodology/approach
This study addresses the gap by empirically measuring higher education institution (HEI) service quality and explores its impact on student engagement, satisfaction and brand equity. This research analyses structured data from 250 students, through partial least squares-based structural equation modelling, to test the proposed hypotheses.

Findings
Within the overall service quality of an HEI, all components of institutional service quality are found to affect student engagement strongly; however, only some dimensions of learning management system service quality do. Student engagement is found to positively impact student satisfaction which, in turn, strongly affects all elements of HEI brand equity.

Originality/value
This study adds value to the extant research in higher education service quality by adding a layer of online platform service quality and offers actionable insights for HEI administrators.
Charting the future: what drives accounting career choices in emerging economies?
Authors: Cuzdriorean Dan Dacian , Fekete Szilveszter , Vladu Alina Beattrice , Boţa-Avram Cristina 
Published: October 2024

Purpose
This paper aims to address the void in the current literature regarding the determinants of career choice in Romania, an emerging economy. The objective is to furnish empirical data on the factors that impact students’ intentions to pursue a career in accounting while adding to the academic discourse on this topic. To accomplish this, the authors use an integrative model of the theory of planned behaviour (TPB) and social cognitive career theory (SCCT) in this analysis. This study aims to illuminate the factors that motivate students to pursue an accounting career and attain certification.

Design/methodology/approach
The sample consisted of accounting students from the largest public university in Romania, as they were readily accessible. The authors used a structured questionnaire to gather data and analyse the responses. To test the model and research hypotheses, the authors used structural equation modelling (SEM) techniques. Given the sample size, the authors opted for partial least squares SEM, which provides greater flexibility in modelling and can estimate complex models.

Findings
This study reveals that two factors, attitude and perceived behavioural control (PBC), play a significant role in shaping the inclination of accounting students towards pursuing a career in this field. The authors also found that the factor of self-evaluating outcome expectations (SEOEs) strongly influences accounting students’ attitudes. Additionally, the study highlights the impact of self-efficacy on both SEOEs and PBC. However, subjective norms and perceived job availability were not found to significantly sway the intention of accounting students towards this career path.

Research limitations/implications
The research findings hold significant implications for individuals invested in the accounting profession, especially in developing nations where the number of skilled professionals is limited. The use of the TPB and SCCT frameworks in the realm of accounting illustrates the paramount influence of attitude on career aspirations. Consequently, professional organisations and academic institutions can showcase the advantages of the profession and highlight its societal value to appeal to a greater number of students. By fostering a positive perception, countering unfavourable beliefs and augmenting SEOEs and self-efficacy, stakeholders can enhance the appeal of accounting as a career path.

Originality/value
To the best of authors’ knowledge, this study is one of the first to apply the above integrative model in the accounting field while aiming to improve interdisciplinary integration.