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Full-Text Articles in Business

Stock Liquidity And Default Risk Around The World, Sivathaasan Nadarajah, Huu Nhan Duong, Searat Ali, Benjamin Liu, Allen Huang Jan 2020

Stock Liquidity And Default Risk Around The World, Sivathaasan Nadarajah, Huu Nhan Duong, Searat Ali, Benjamin Liu, Allen Huang

Faculty of Business - Papers (Archive)

We document the negative effect of stock liquidity on default risk for a sample of 46 countries. We further find that default risk declines following the introduction of the Directive on Markets in Financial Instruments (MiFID)—an exogenous shock that increases liquidity. The effect of liquidity on default risk is more pronounced in countries with poorer investor protection and information environments. Further, this effect is attenuated (strengthened) for firms with greater information efficiency (governance monitoring). Overall, our findings highlight the important role of regulatory settings in shaping the impact of stock liquidity on default risk in international markets.


Identity Work By A Non-White Immigrant Business Scholar: Autoethnographic Vignettes Of Covering And Accenting, Mario Fernando, James Reveley, Mark Learmonth Jan 2020

Identity Work By A Non-White Immigrant Business Scholar: Autoethnographic Vignettes Of Covering And Accenting, Mario Fernando, James Reveley, Mark Learmonth

Faculty of Business - Papers (Archive)

How do immigrants with multiple sources of identity deal with the identity tensions that arise from misidentification within the workplace? In order to answer this question, we reposition two under-researched self-presentational identity work strategies - covering and accenting - as particular types of intersectional identity work. Adopting a minoritarian perspective, we apply this framework to an autoethnographic study of a non-white business scholar's identity work. To the extent that covering and accenting allow the scholar to draw identity resources from non-threatening and widely available social identities, we find that this work enables him to avoid being discredited in the eyes …


The Congruence Effect Between Product Emotional Appeal And Country-Based Emotion: The Moderating Role Of Country-Of-Origin, Felix Septianto, Tung M. Chiew, Nguyen T. Thai Jan 2020

The Congruence Effect Between Product Emotional Appeal And Country-Based Emotion: The Moderating Role Of Country-Of-Origin, Felix Septianto, Tung M. Chiew, Nguyen T. Thai

Faculty of Business - Papers (Archive)

Previous research has suggested that country-based emotions (i.e., emotions associated with a country) can influence consumer evaluations of a product from that country. However, it remains unclear when and how country-based emotions can be influential in consumer decision making. The results from an experiment reveal that only for a destination with a less favorable country-of-origin image will the match (vs. mismatch) between the country-based emotion and the emotional appeal of the product advertisement increase the purchase likelihood of the product. These findings are beneficial for local brands in that they can promote tourist spending at their destination by cooperating with …


Does Practice Make Micro-Entrepreneurs Perfect? An Investigation Of Expertise Acquisition Using Effectuation And Causation, Nadeera Ranabahu, Mary Barrett Jan 2020

Does Practice Make Micro-Entrepreneurs Perfect? An Investigation Of Expertise Acquisition Using Effectuation And Causation, Nadeera Ranabahu, Mary Barrett

Faculty of Business - Papers (Archive)

This paper reports on a study testing whether and how the use of effectuation and causation logics influences deliberate practice in businesses started by microfinance borrowers ("micro-entrepreneurs") in Sri Lanka. Using mixed methods, we surveyed clients of a large Sri Lankan microfinance institution and deepened findings from the survey through 24 interviews. In this way, we identified specific patterns of relationships between principles of the two logics and five elements of deliberate practice identified in the expertise literature from cognitive science. We found that both effectual and causal logics (but not effectuation alone) facilitate deliberate practice, an important result since …


Towards An Environmentally Sustainable Rental Housing Sector, Troy W. Heffernan, Emma Elizabeth Heffernan, Nina Reynolds, Wai Jin (Thomas) Lee, Paul Cooper Jan 2020

Towards An Environmentally Sustainable Rental Housing Sector, Troy W. Heffernan, Emma Elizabeth Heffernan, Nina Reynolds, Wai Jin (Thomas) Lee, Paul Cooper

Faculty of Business - Papers (Archive)

Rental houses in Australia represent approximately one third of all homes, and this proportion has been growing over recent decades. However, the quality, comfort and environmental credentials of these houses are often poor, particularly when compared to owner-occupied homes. With climate change, the urgency increases to move to a more sustainable built environment. Consequently, exploring how to make rental properties more sustainable warrants further investigation and action. Using data gathered from a broad range of experts through a four-stage Policy Delphi technique, findings reveal four key enabling forces: communication, facilitation, incentivization, and regulation. These forces both influence and are influenced …


Finding Convergence: Economic Perspectives And The Economic Practices Of An Australian Ecovillage, Oriana Price, Simon Ville, Emma Elizabeth Heffernan, Belinda Kathlyn Gibbons, Mary Johnsson Jan 2020

Finding Convergence: Economic Perspectives And The Economic Practices Of An Australian Ecovillage, Oriana Price, Simon Ville, Emma Elizabeth Heffernan, Belinda Kathlyn Gibbons, Mary Johnsson

Faculty of Business - Papers (Archive)

2020 The practices of ecologically-minded alternative communities illuminate differing perspectives on what might constitute an economy. This paper explores the extant literature and presents a framework for considering four spheres of confluence between the modern market economy and diverse economies: economic production practices, attitudes towards growth, environmental responsiveness and the socialrelational context of transactions. Drawing on evidence from an Australian ecovillage, the paper adopts the framework presented as a means of understanding the experiences of cooperatively negotiating various practices necessary to establish an intentionally sustainable community economy. Through this analysis, the paper provides insights into ways ecovillages may operate in …


University-Led Internships For Innovative Thinking: A Theoretical Framework, Nadeera Ranabahu, Shamika Almeida, Elias Kyriazis Jan 2020

University-Led Internships For Innovative Thinking: A Theoretical Framework, Nadeera Ranabahu, Shamika Almeida, Elias Kyriazis

Faculty of Business - Papers (Archive)

Purpose - This article explains how business internships can be used to develop innovation skills in undergraduates. Design/methodology/approach - Using work-integrated learning and current literature on innovation, this article proposes a theoretical framework to design, implement, and measure outcomes of Innovation-Focused Internships (IFIs). The article also uses an illustrative case study from an Australian university to discuss practical use of this framework. Findings - The theoretical framework illustrates that stakeholders (i.e., students, industry, and university) need a common goal. Factors associated with managing innovation and student placements are key features of the framework. The illustrative case study demonstrates ways in …


Asymmetric Impact Of Earnings News On Investor Uncertainty, Zihang Peng, David Johnstone, Demetris Christodoulou Jan 2020

Asymmetric Impact Of Earnings News On Investor Uncertainty, Zihang Peng, David Johnstone, Demetris Christodoulou

Faculty of Business - Papers (Archive)

We describe a model that predicts an asymmetric impact of disclosure on investor uncertainty. We show that good news tends to resolve more uncertainty than bad news, and that uncertainty can be revised upwards if the investors' prior belief is sufficiently strong and the signal is sufficiently bad. This result is in contrast to classical disclosure models, where new information always resolves uncertainty and the change in uncertainty depends only on the relative precision of the news. Using option‐implied volatility as a proxy for uncertainty, we find strong support for our predictions. We also show that our results are robust …


Lean Six Sigma And Quality Frameworks In Higher Education - A Review Of Literature, Janelle Davidson, Oriana Price, Matthew P. Pepper Jan 2020

Lean Six Sigma And Quality Frameworks In Higher Education - A Review Of Literature, Janelle Davidson, Oriana Price, Matthew P. Pepper

Faculty of Business - Papers (Archive)

2020, Emerald Publishing Limited. Purpose: This paper aims to present a review of literature that considers the use of quality frameworks in higher education (HE). Quality frameworks provide a minimum standard of teaching and learning of students. This systematic literature review identifies the tools and techniques to continuously improve the systems and processes that underpin teaching and learning are missing. With this in mind, the authors present a focus on Lean Six Sigma (LSS) as an improvement methodology adopted by the HE sector and present the factors that drive or hinder the implementation of LSS in higher education institutions (HEIs). …


Green Reputation Of Hotel Improvement Through Green Accounting And Harmonious Culture, Tjokorda Raka, I Astawa, Parulian Silaen Jan 2020

Green Reputation Of Hotel Improvement Through Green Accounting And Harmonious Culture, Tjokorda Raka, I Astawa, Parulian Silaen

Faculty of Business - Papers (Archive)

This study aims to test green accounting which is moderated by harmonious culture (green culture) in building a green reputation of a hotel. Green accounting activities consisted of environmental awareness, environmental involvement, and environmental reporting. The concept of harmonious culture emphasises the harmonisation with God, human being, and the environment to reach happiness. The implementation of the two variables legitimates a green hotel, and therefore acts as a signal for consumers to help in hotel selection. Quantitative analysis with Partial Least Square (PLS) method was used to process data collected through questionnaires. Sampling was conducted using purposive sampling with criteria …


Network Resilience Modelling: A New Zealand Forestry Supply Chain Case, Paul Childerhouse, Mohammed Al Aqqad, Quan Zhou, Carel Bezuidenhout Jan 2020

Network Resilience Modelling: A New Zealand Forestry Supply Chain Case, Paul Childerhouse, Mohammed Al Aqqad, Quan Zhou, Carel Bezuidenhout

Faculty of Business - Papers (Archive)

2020, Emerald Publishing Limited. Purpose: The objective of this research is to model supply chain network resilience for low frequency high impact disruptions. The outputs are aimed at providing policy and practitioner guidance on ways to enhance supply chain resilience. Design/methodology/approach: The research models the resilience of New Zealand's log export logistical network. A two-tier approach is developed; linear programming is used to model the aggregate-level resilience of the nation's ports, then discrete event simulation is used to evaluate operational constraints and validate the capacity of operational flows from forests to ports. Findings: The synthesis of linear programming and discrete …


Employee Voice In A Semi‐Rural Hospital: Impact Of Resourcing, Decision‐Making And Culture, Shamika Almeida, Elizabeth Frino, Marianna Milosavljevic Jan 2020

Employee Voice In A Semi‐Rural Hospital: Impact Of Resourcing, Decision‐Making And Culture, Shamika Almeida, Elizabeth Frino, Marianna Milosavljevic

Faculty of Business - Papers (Archive)

The purpose of this paper is to understand current employee voice arrangements within a semi‐rural hospital and the implications for the engagement of healthcare professionals. The Job Demands‐Resources (JDR) model is used to explore how organisational mechanisms (resourcing, decision‐making processes and culture) provide a voice for staff. We adopt a single case study approach using in‐depth interviews with healthcare professionals in a semi‐rural public hospital in Australia. The study found that the semi‐rural context, characterised by high levels of centralised decision‐making and resourcing and low levels of confidentiality and anonymity, has limited employee voice and the ability for staff to …


A Toilet Paper Run Is Like A Bank Run. The Economic Fixes Are About The Same, Alfredo R. Paloyo Jan 2020

A Toilet Paper Run Is Like A Bank Run. The Economic Fixes Are About The Same, Alfredo R. Paloyo

Faculty of Business - Papers (Archive)

Panic buying knows no borders. Shoppers in Australia, Japan, Hong Kong and the United States have caught toilet paper fever on the back of the COVID-19 coronavirus. Shop shelves are being emptied as quickly as they can be stocked. This panic buying is the result of the fear of missing out. It’s a phenomenon of consumer behaviour similar to what happens when there is a run on banks. A bank run occurs when depositors of a bank withdraw cash because they believe it might collapse. What we’re seeing now is a toilet-paper run.


Intergenerational Transmission Of Body Mass And Obesity Status In Australia, Adrian James, Silvia Mendolia, Alfredo R. Paloyo Jan 2020

Intergenerational Transmission Of Body Mass And Obesity Status In Australia, Adrian James, Silvia Mendolia, Alfredo R. Paloyo

Faculty of Business - Papers (Archive)

We are grateful to two anonymous reviewers and the editor, Professor Garry Barrett, for comments and suggestions that improved the manuscript. In particular, we would like to acknowledge their openness to the use of "people‐first language" when talking about persons with obesity. Likewise, we are thankful to seminar participants at the Center for Health Economics at Monash University and the Asian Development Bank. We also benefitted from conference and workshop participants at the International Health Economics Association Conference in Basel, the Workshop on the Economics of Health, Inequality, and Behavior at Macquarie University, and the Applied Econometrics Workshop at Victoria …


Effect Of Corporate Tax Avoidance Activities On Firm Bankruptcy Risk, Anirudh Dhawan, Liangbo Ma, Maria H. Kim Jan 2020

Effect Of Corporate Tax Avoidance Activities On Firm Bankruptcy Risk, Anirudh Dhawan, Liangbo Ma, Maria H. Kim

Faculty of Business - Papers (Archive)

Corporate tax avoidance has been shown to raise the cost of bank debt and lower credit and bond ratings. However, it is unclear whether tax avoidance actually increases a firm’s bankruptcy risk or whether it is just viewed negatively by banks and rating agencies. We find that firms engaging in tax avoidance and firms that are thinly capitalized face higher bankruptcy risk. To account for endogeneity and functional form misspecification, we verify our results using instrumental variable and propensity score matching methods. Our findings are consistent with the view that tax avoidance is a risk-enhancing activity.


Career Capital Development Of Women In The Arab Middle East Context: Addressing The Pipeline Block, Payyazhi Jayashree, Valerie Lindsay, Grace Mccarthy Jan 2020

Career Capital Development Of Women In The Arab Middle East Context: Addressing The Pipeline Block, Payyazhi Jayashree, Valerie Lindsay, Grace Mccarthy

Sydney Business School - Papers

Taking a career capital approach, this paper addresses the issue of ‘pipeline block’ frequently experienced by women seeking career advancement. Focusing on the Arab Middle East (AME) region, we take a contextually relevant multi-level approach to examine these issues. The study uses a qualitative, interview-based approach, drawing on data obtained from women leaders from the AME region. Drawing on Bourdieu’s capital-field-habitus framework, we explore how women in the AME developed career capital in particular organizational fields. Our findings show the importance of human and social capital, as well as the influence of habitus for women’s career advancement in specific fields. …


Transforming Business Using Digital Innovations: The Application Of Ai, Blockchain, Cloud And Data Analytics, Shahriar Akter, Katina Michael, Muhammad Rajib Uddin, Grace Mccarthy, Mahfuzur Rahman Jan 2020

Transforming Business Using Digital Innovations: The Application Of Ai, Blockchain, Cloud And Data Analytics, Shahriar Akter, Katina Michael, Muhammad Rajib Uddin, Grace Mccarthy, Mahfuzur Rahman

Sydney Business School - Papers

This study explores digital business transformation through the lens of four emerging technology fields: artificial intelligence, blockchain, cloud and data analytics (i.e., ABCD). Specifically, the study investigates the operations and value propositions of these distinct but increasingly converging technologies. Due to the dynamic nature of innovation, the potential of this ABCD hybridization, integration, recombination and convergence has yet to be considered. Using a multidisciplinary approach, the findings of the study show wide-reaching and diverse applications among a variety of vertical sectors, presenting exploratory research avenues for future investigation. The study also highlights the practical implications of these new technologies.


Revisiting Customer Analytics Capability For Data-Driven Retailing, Md Afnan Hossain, Shahriar Akter, Venkata K. Yanamandram Jan 2020

Revisiting Customer Analytics Capability For Data-Driven Retailing, Md Afnan Hossain, Shahriar Akter, Venkata K. Yanamandram

Sydney Business School - Papers

Customer analytics is one of the most dominant strategic weapons in today's competitive retail environment. In spite of its strategic importance, there is scant attention to investigating customer analytics capabilities in the retail context. Drawing on a systematic literature review and thematic analysis, this study proposes a multidimensional customer analytics capability model by identifying relevant dimensions and sub-dimensions in retail settings. The principal contribution of this study is that the model links a customer analytics perspective to a resource-based view (RBV)-capability of the retailers by proposing six customer analytics capability dimensions and twelve sub-dimensions in the spectrum of market orientation …


Reshaping Competitive Advantages With Analytics Capabilities In Service Systems, Shahriar Akter, Angappa Gunasekaran, Samuel Fosso Wamba, Mujahid M. Babu, Umme Hani Jan 2020

Reshaping Competitive Advantages With Analytics Capabilities In Service Systems, Shahriar Akter, Angappa Gunasekaran, Samuel Fosso Wamba, Mujahid M. Babu, Umme Hani

Sydney Business School - Papers

Big data analytics capability can reshape competitive advantages for a service system. However, little is known about how to develop and operationalize a service system analytics capability (SSAC) model. Drawing on the resource based view (RBV), dynamic capability theory (DCT) and the emerging literature on big data analytics, this study develops and validates an SSAC model and frames its impact on competitive advantages using 251 survey data from service systems analytics managers in the U.S. Partial Least Squares (PLS)-Structural Equation Modeling (SEM) was used as a data analysis technique to develop and validate the hierarchical SSAC model. The main findings …


Frontline Employee Empowerment: Scale Development And Validation Using Confirmatory Composite Analysis, Saradhi Motamarri, Shahriar Akter, Venkata K. Yanamandram Jan 2020

Frontline Employee Empowerment: Scale Development And Validation Using Confirmatory Composite Analysis, Saradhi Motamarri, Shahriar Akter, Venkata K. Yanamandram

Sydney Business School - Papers

Empowerment has been argued as a viable strategy to enable frontline employees (FLEs) to manage the complexities of service encounters. Organisations must cascade insights from analytics to frontlines for dynamic (re)bundling of service elements while serving customers. However, very little is known on how FLEs are empowered in analytics-driven services. This study addresses these research gaps, drawing on a systematic literature review and in-depth interviews (n = 30), followed by conceptualisation and validation of an empowerment scale through a pilot (n = 50) and the main study (n = 304). This research confirms empowerment as a second-order construct consisting of …


Building Dynamic Service Analytics Capabilities For The Digital Marketplace, Shahriar Akter, Saradhi Motamarri, Umme Hani, Riad Shams, Mario Fernando, Mujahid M. Babu, Kathy Shen Jan 2020

Building Dynamic Service Analytics Capabilities For The Digital Marketplace, Shahriar Akter, Saradhi Motamarri, Umme Hani, Riad Shams, Mario Fernando, Mujahid M. Babu, Kathy Shen

Sydney Business School - Papers

Service firms are now interacting with customers through a multitude of channels or touchpoints. This progression into the digital realm is leading to an explosion of data, and warranting advanced analytic methods to manage service systems. Known as big data analytics, these methods harness insights to deliver, serve, and enhance the customer experience in the digital marketplace. Although global economies are becoming service-oriented, little attention is paid to the role of analytics in service systems. As such, drawing on a systematic literature review and thematic analysis of 30 in-depth interviews, this study aims to understand the nature of service analytics …


Customer Analytics Capabilities In The Big Data Spectrum: A Systematic Approach To Achieve Sustainable Firm Performance, Md Afnan Hossain, Shahriar Akter, Venkata K. Yanamandram Jan 2020

Customer Analytics Capabilities In The Big Data Spectrum: A Systematic Approach To Achieve Sustainable Firm Performance, Md Afnan Hossain, Shahriar Akter, Venkata K. Yanamandram

Sydney Business School - Papers

Customer analytics plays a vital role in generating insights from big data to improve service innovation, product development, personalization, and managerial decision-making; yet, no academic study has investigated customer analytics capability through which it is possible to achieve sustainable business growth. To close this gap, this chapter explores the constructs of the customer analytics capability by drawing on a systematic review of the literature in the big data spectrum. The chapter's interpretive framework portrays a definitional aspect of customer analytics, the importance of customer analytics, and customer analytics capability constructs. The study proposes a customer analytics capability model, which consists …


The Coronavirus Contact Tracing App Won't Log Your Location, But It Will Reveal Who You Hang Out With, Roba Abbas, Katina Michael Jan 2020

The Coronavirus Contact Tracing App Won't Log Your Location, But It Will Reveal Who You Hang Out With, Roba Abbas, Katina Michael

Faculty of Business - Papers (Archive)

The federal government has announced plans to introduce a contact tracing mobile app to help curb COVID-19's spread in Australia. However, rather than collecting location data directly from mobile operators, the proposed TraceTogether app will use Bluetooth technology to sense whether users who have voluntarily opted-in have come within nine metres of one another.


Turning To Easter Eggs To Get Through These Dark Times? Here’S The Bitter Truth About Chocolate, Stephanie Perkiss, Cristiana Bernardi, John Dumay Jan 2020

Turning To Easter Eggs To Get Through These Dark Times? Here’S The Bitter Truth About Chocolate, Stephanie Perkiss, Cristiana Bernardi, John Dumay

Faculty of Business - Papers (Archive)

The coronavirus might make Easter celebrations a little subdued this year, but that doesn’t mean going without chocolate eggs. In fact, South Australia’s chief public health officer Nicola Spurrier reportedly said people should partake in the Easter treats “to cheer ourselves up … I’ve certainly got a good supply of chocolate eggs already”. But before you fill your shopping trolley (online or virtual) with chocolate, we urge you to think twice about whether it’s ethically produced. Most chocolate consumed globally, including in Australia, comes from the Ivory Coast and Ghana in West Africa - which together account for about 60% …