bluuebunny/crossref_metadata_2025_split huggingface dataset:
Achievement motivation, strategic orientations and business performance in entrepreneurial firms
Authors: Deshpandé Rohit , Grinstein Amir , Kim Sang-Hoon , Ofek Elie 
Published: May 2013

Purpose
– There is a lack of research on the link between the personal disposition of an entrepreneurial firm's founder, the firm's strategic orientation and its performance outcomes. Also, there is a lack of cross-national research on entrepreneurial firms’ strategic orientations. This paper seeks to address these gaps by exploring the differences in strategic orientation choices and their performance outcomes for American and Japanese entrepreneurial firms, focusing on founders’ achievement motivation as a key personal disposition.

Design/methodology/approach
– A survey was conducted among 397 Japanese founders and 189 American ones.

Findings
– This paper's key counterintuitive finding is that Japanese and American founders of entrepreneurial firms are more similar than is often suggested. The paper first finds that in both Japan and the US, achievement motivation is positively related to customer orientation and cost orientation while not being related to technological orientation. Second, it is found that the adoption of customer orientation is positively related to the profitability of both Japanese and American entrepreneurial firms, although the effect is stronger in the US. It is also found that the adoption of technology orientation is negatively related to the profitability of both Japanese and American firms, although the effect is less negative in Japan. Finally, it is found that the adoption of cost orientation does not have an impact on the profitability of either Japanese or American entrepreneurial firms.

Originality/value
– This is one of the first studies to examine how founders of entrepreneurial firms use their personal disposition to shape the strategic orientation of their firm.
Predicting business failure using cash flow statement based measures
Authors: Bhandari Shyam B. , Iyer Rajesh 
Published: May 2013

PurposeBusiness failures during the economic recession of 2008‐2010 years were unusually high in the USA. The purpose of this paper is to build a new model to predict business failure, using mostly cash flow statement based measures as predictor variables and discriminant analysis technique.Design/methodology/approachThe authors' data matrix consisted of 100 firms and seven predictor variables. A total of 50 “failed” firms were matched with 50 non‐failed firms according to Standard Industrial Classification (SIC) code and size. Financial statement data for the year prior to failed year were pulled from COMPUSTAT database. Seven predictor variables were selected, namely Operating cash flow divided by current liabilities, Cash flow coverage of interest, Operating cash flow margin, Operating cash flow return on total assets, Earning quality, Quick ratio and Three‐year sales growth. The SPSS‐19 software was used to perform discriminant analysis (DA).FindingsThe DA model classified 83.3 percent of original grouped cases correctly. The cross‐validated approach (jackknife or leave‐one‐out method) correctly classified 79.5 percent of cases. The chi‐square test of Wilks' lambda was significant at 0.000 level which means the model as a whole performed very well in predicting business failure.Originality/valueThis study is unique in many respects. First, the sample companies are not industry specific. They come from more than 20 different two‐digit SIC codes, which means the authors' model is very generic in nature. Second, the seven predictor variables (financial ratios) they selected are logically justified; these are not an outcome of step‐wise procedure. Third, most of the predictor variables use operating cash flow information from the cash flow statement. Fourth, all the failed firms in the authors' test sample are from the most recent, 2008‐2010, period.
An examination of the relationship between the Economic Freedom Index value and the matching country specific exchange traded fund return
Authors: Peterson Timothy 
Published: May 2013

PurposeThe paper aims to determine if a country's Economic Freedom Index value has any relationship to the return of the related country specific exchange traded fund.Design/methodology/approachA total of 36 country specific exchange traded funds were selected for use in this study. The historical returns for 2011, the three‐year period ending in 2011, and the five‐year period ending in 2011 were recorded if available for each exchange traded fund. Each exchange traded fund (ETF) was placed into one of four groups based upon its country's overall Economic Freedom Index value. The range of Economic Index values for each group was the same ones used by the publishers of the Economic Freedom Index. The mean ETF return and standard deviation for 2011, three‐year, and five‐year periods were calculated for each of the four groups. The mean/standard deviation of the Economic Freedom Index and each of its components for 2011, the mean of the three‐year period, and the mean of the five‐year period were calculated for each of the four groups. The degree of statistical significance between the mean returns of the four groups was determined by using ANOVA. The correlation coefficients and the degree of statistical significance were calculated between each component of the index, between each component and the overall index value, and between the overall index value and the ETF returns.FindingsThe correlations between the components of the Economic Freedom Index generally tend to be positive and statistically significant. The correlations between the components of the Economic Freedom Index and the Economic Freedom Index tend to be positive and statistically significant. The correlation between the mean ETF returns of the various groups and the value of the mean Economic Freedom Index tends to be mixed. There appears to be no statistical significance of the difference between the mean ETF returns of each group and the mean overall score of the Economic Freedom Index for that group. For the year 2011 the level of significance was 0.103, for the three‐year period the level of significance was 0.541, and for the five‐year period the level of significance was 0.132. The differences within each group are more than the differences between the groups. The value of the Economic Freedom Index does not appear to correlate with the return of the country specific exchange traded fund.Originality/valueThe paper relates a country's environment for conducting business as represented by its Economic Freedom Index to the equity returns of firms in that country. The results of this study would be of interest to those individuals or institutions making investment decisions regarding country specific exchange traded funds. If a positive correlation exists between the index value and the return of the exchange traded fund, this information could improve the prediction of country specific exchange traded fund returns.
The determinants of consumer behavior towards email advertisement
Authors: Hsin Chang Hsin , Rizal Hamid , Amin Hanudin 
Published: May 2013

PurposeThe aim of this study was to develop a theoretical model of email advertising effectiveness and to investigate differences between permission‐based email and spamming. By examining different types of email (i.e. permission‐based email and spamming), the present study empirically tested the theoretical linkage between email advertising values, perceived instrusiveness, and the attitudinal‐behavioural dispositions towards email advertising.Design/methodology/approachA survey was conducted using 221 respondents from Taiwan. Two scenarios were designed for the present study. The questionnaires were equally divided into two sets, with the first half containing a scenario depicting permission‐based email, and the other half containing a scenario describing a spamming email. Each respondent only received one set of the survey.FindingsResults from a survey of 221 Internet users in Taiwan indicate that values and attitudes toward, and the perceived intrusiveness of, email advertising significantly affect consumers’ behavioral dispositions toward email advertising. The results suggest that permission‐based email is more effective as compared to spam email advertising. For solicited email, consumers perceived less intrusiveness if the email advertisement offered them financial incentives.Research limitations/implicationsThe authors acknowledge four limitations in this study. These limitations however provide further direction for future studies in the discipline. The discussion of these limitations is provided.Practical implicationsImportantly, this study yields significant theoretical and managerial implications. Concerned with the context of email advertising, the authors’ work provides theoretical support for both constructs of advertising values and perceived intrusiveness as important. Concerned with the advertisers, this study renders important implications for better planning of marketing mix strategy using email.Originality/valueThis study provides new theoretical insights into factors influencing consumers’ acceptance of email advertising by incorporating perceived intrusiveness as a mediator in the relationship between advertising values and attitudinal‐behavioral dispositions. By empirically comparing the different types of email advertisements of permission‐based email and spamming, the present study also offers better understanding and extending of the current literature on email advertising research.
Examining the mediating effect of positive moods on trust repair in e‐commerce
Authors: Chen Ying‐Hueih , Wu Jyh‐Jeng , Chang Hsin‐Tzu 
Published: May 2013

PurposeThe purpose of this research is to investigate the impact of causal attributions (locus, stability, and controllability attributes) on trust violations and the coping strategies (affective, functional, and informational initiatives) involved in trust repair on building positive moods within the context of e‐commerce.Design/methodology/approachThe research model is tested using data collected from 513 active e‐shoppers. Structure equation modeling is employed to verify and validate the research model.FindingsResults show that strategies for repairing trust are effective in building positive moods among consumers, while causes of negative events have a negative impact on consumer mood. Furthermore, positive moods significantly influence the rebuilding of consumer trust. This research demonstrates that positive mood is an important mediator in trust repair.Practical implicationsThe research results provide insight into how e‐vendors can ease the tension associated with trust‐related disputes.Originality/valueThis study represents one of the few attempts to integrate the attribution theory with trust research and to outline the strategies of post‐encounter trust rebuilding process following a trust violation.
Investigation of optimal capital structure in Malaysia: a panel threshold estimation
Authors: Halim Ahmad Abd , Adiana Hiau Abdullah Nur 
Published: May 2013

PurposeThe purpose of this paper is to investigate the effect of leverage on Malaysian listed firms' value and the optimal level of debt at which a firm could maximize its value.Design/methodology/approachThe authors employ an advanced panel threshold regression estimation developed in 1999 by Hansen that will indicate whether there are positive and negative impacts of leverage on firm value. This estimation procedure has the advantage of quantifying the threshold level of debt as compared to the ad hoc classification procedure of splitting the sample.FindingsThe results show that debt is only pertinent to the firm value up to a threshold level of 64.33 per cent. Additional debt beyond the threshold level does not add to a firm's value. The appropriate level of debt should be applied, which would thus maximize the firm and stockholders' value.Originality/valueTo the best of the authors' knowledge, this is the first study to look at this issue for Malaysian listed firms. The findings from this paper may provide a critical analysis of the usage of debt in firms' capital structure. An excessive level of debt could lead to a debt overhang situation and insolvency at the microeconomic firm level; this could eventually could cause vulnerability in financial systems and thus lead to the financial catastrophes.
Female students' drinking seen through collages and diaries
Authors: Siemieniako Dariusz , Kubacki Krzysztof 
Published: May 2013

PurposeThe purpose of this paper is to investigate young female consumers' motivations and perceptions of their alcohol consumption in the context of the changing drinking culture among women.Design/methodology/approachAll the data were collected on a university campus in Poland. The research was conducted in two phases, using two research methods: consumer diaries and consumer collages. In Phase 1, purposive sampling was used to establish a group of five female students, all aged 22, who were asked to keep individual written diaries. In Phase 2, consumer collages were prepared and interpreted by four groups consisting of 24 female students.FindingsBoth sets of data were thematically analysed, and the emerging themes were divided into two major issues: drinking motives and control and limits.Research limitations/implicationsThis research is limited by a small sample recruited from one university, and the indicative findings should be used in further research.Practical implicationsBetter understanding of female students' drinking culture will help to develop more targeted and effective policies and social marketing programmes to prevent further rise in alcohol consumption among female students.Originality/valueThis research contributes to the existing literature by deepening our understanding of the unique characteristics of female undergraduate students' drinking, and identifying the areas of convergence between male and female alcohol consumption. It also explores the motivations behind these convergence processes and highlights areas in which differences between genders are still strong.
Generation Y females online: insights from brand narratives
Authors: Ruane Lorna , Wallace Elaine 
Published: May 2013

PurposeThe purpose of this paper is to understand the relationships Generation Y females have with fashion brands online. Specifically, it examines the role of the internet and social networks in these relationships.Design/methodology/approachNarrative interviews were employed to gather data from Generation Y women. Analysis was conducted using inductive thematic analysis.FindingsTwo main themes emerged from the data: the importance of social media and the influence of the internet. Findings suggest social networks have a significant influence on the dynamics of brand consumption and inform our understanding of females' online shopping behaviours.Research limitations/implicationsA qualitative methodology was utilised to elicit insights from consumers. This allowed participants to express their thoughts in their own words, which provided rich data for analysis.Practical implicationsWe provide guidance for marketing managers seeking to harness social networks to market brands. Findings illustrate the role of social networks in driving brand consumption among Generation Y women, and highlight the criticality of the social network as a source of information and reassurance for brand choices. Further, we identify concerns about online shopping, and provide suggestions for online retailers seeking to augment consumers' shopping experiences.Originality/valueThis study offers insights into Generation Y females' use of the internet and social networks for brand consumption. To date such research has been mainly quantitative. Further, Generation Y has been neglected in the marketing literature. This paper addresses these gaps and illustrates the significant impact social media has on the behaviour of female consumers.
Maintenance reengineering framework: a case study
Authors: Sharma Somesh Kumar 
Published: May 2013

PurposeThe purpose of this paper is to radically redesign the methodology of plant maintenance and develop a three phase framework. A framework for effective and continuous maintenance improvement is presented.Design/methodology/approachThe first phase determines the key performance area, the second phase makes decision about the appropriate policy selection and third phase aims to generate capability in an organization to compete at world level. A case is presented here, of the implementation of a “maintenance reengineering framework”, developed with the aid of certain maintenance components.FindingsThe maintenance reengineering framework, when implemented, proved successful with a more than 90 per cent rise in production rate.Research limitations/implicationsThe paper contributes some guidelines which can be helpful in making decision about the selection of maintenance policy and for the achievement of world‐class effectiveness.Practical implicationsMaintenance reengineering (MR) framework includes the core concepts of preventive maintenance practices, total maintenance management and system perspectives of maintenance. Its implementation goes through three phases from identification of key performance area, via suitable maintenance policy selection to generating the capability for world‐class effectiveness. The experience of this pilot implementation in a cement company in India suggested the feasibility of this framework in elevating the performance of maintenance management.Originality/valueThis article offers a framework that addresses research on maintenance reengineering. It attempts to establish a relationship among the components of maintenance, which can bring potential benefits to the corporations of similar operations and nature.
Risk based integrity modeling of offshore process components suffering stochastic degradation
Authors: Thodi Premkumar , Khan Faisal , Haddara Mahmoud 
Published: May 2013

PurposeThe purpose of this paper is to develop a risk‐based integrity model for the optimal replacement of offshore process components, based on the likelihood and consequence of failure arising from time‐dependent degradation mechanisms.Design/methodology/approachRisk is a combination of the probability of failure and its likely consequences. Offshore process component degradation mechanisms are modeled using Bayesian prior‐posterior analysis. The failure consequences are developed in terms of the cost incurred as a result of failure, inspection and maintenance. By combining the cumulative posterior probability of failure and the equivalent cost of degradations, the operational life‐risk curve is produced. The optimal replacement strategy is obtained as the global minimum of the operational risk curve.FindingsThe offshore process component degradation mechanisms are random processes. The proposed risk‐based integrity model can be used to model these processes effectively to obtain an optimal replacement strategy. Bayesian analysis can be used to model the uncertainty in the degradation data. The Bayesian posterior estimation using an M‐H algorithm converged to satisfactory results using 10,000 simulations. The computed operational risk curve is observed to be a convex function of the service life. Furthermore, it is observed that the application of this model will reduce the risk of operation close to an ALARP level and consequently will promote the safety of operation.Research limitations/implicationsThe developed model is applicable to offshore process components which suffer time‐dependent stochastic degradation mechanisms. Furthermore, this model is developed based on an assumption that the component degradation processes are independent. In reality, the degradation processes may not be independent.Practical implicationsThe developed methodology and models will assist asset integrity engineers/managers in estimating optimal replacement intervals for offshore process components. This can reduce operating costs and resources required for inspection and maintenance (IM) tasks.Originality/valueThe frequent replacement of offshore process components involves higher cost and risk. Similarly, the late replacement of components may result in failure and costly breakdown maintenance. The developed model estimates an optimal replacement strategy for offshore process components suffering stochastic degradation. Implementation of the developed model improves component integrity, increases safety, reduces potential shutdown and reduces operational cost.
3D roughness profile model in fused deposition modelling
Authors: Boschetto Alberto , Giordano Veronica , Veniali Francesco 
Published: May 2013

PurposeThe paper aims to predict the surface roughness of fused deposition modelling prototypes. Since average roughness is not comprehensive, this study aims to extend the characterization to all the roughness parameters obtainable by a profilometric analysis.Design/methodology/approachA theoretical model of the 3D profile is supplied as a function of process parameters and part shape. A suitable geometry was designed and prototyped for validation. Data were measured by a profilometer and complemented by microscopic analysis. A methodology based on the proposed model was applied to optimise prototype fabrication in two practical cases.FindingsThe proposed profile is effective in describing the micro‐geometrical surface of fused deposition modelling prototypes. The third dimension enables the calculation of amplitude, spatial and hybrid roughness parameters.Research limitations/implicationsBecause of mathematical assumptions and technological aspects, the validity of the model presents limitations related to the deposition angle.Practical implicationsThe method is an effective tool in the process planning stage: it enables knowing in advance how to assure part specifications delivering a set of technical choices. Two practical applications point out the usability in the product development and process parameters optimisation.Originality/valueThis work fulfils an identified need to predict a complete surface characterization of fused deposition modelling technology.