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Research Collection Lee Kong Chian School Of Business

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Full-Text Articles in Business

Combining Predictors To Achieve Optimal Trade-Offs Between Selection Quality And Adverse Impact, Wilfried De Corte, Filip Lievens, Paul R. Sackett Sep 2007

Combining Predictors To Achieve Optimal Trade-Offs Between Selection Quality And Adverse Impact, Wilfried De Corte, Filip Lievens, Paul R. Sackett

Research Collection Lee Kong Chian School Of Business

The authors propose a procedure to determine (a) predictor composites that result in a Pareto-optimal trade-off between the often competing goals in personnel selection of quality and adverse impact and (b) the relative importance of the quality and impact objectives that correspond to each of these trade-offs. They also investigated whether the obtained Pareto-optimal composites continue to perform well under variability of the selection parameters that characterize the intended selection decision. The results of this investigation indicate that this is indeed the case. The authors suggest that the procedure be used as one of a number of potential strategies for …


The Size Of Venture Capital And Private Equity Fund Portfolios, Gennaro Bernile, Douglas Cumming, Evgeny Lyandres Sep 2007

The Size Of Venture Capital And Private Equity Fund Portfolios, Gennaro Bernile, Douglas Cumming, Evgeny Lyandres

Research Collection Lee Kong Chian School Of Business

We propose a model that examines the optimal size of venture capital and private equity fund portfolios. The relationship between a VC and entrepreneurs is characterized by double-sided moral hazard, which causes the VC to trade off larger portfolios against lower values of portfolio companies. We analyze the structural relations between the VC's optimal portfolio structure and entrepreneurs' and VC's productivities, their disutilities of effort, the value of a successful project, and the required initial investment in a venture. We also test the model's predictions using a small proprietary dataset collected through a survey targeted to VC and private equity …


Evaluating The Blending Of An E-Learning Module Into A Knowledge Management Course: A Case Study From The Singapore Management University (Smu), Thomas Menkhoff, Tze Yian Thang, Yue Kee Wong Sep 2007

Evaluating The Blending Of An E-Learning Module Into A Knowledge Management Course: A Case Study From The Singapore Management University (Smu), Thomas Menkhoff, Tze Yian Thang, Yue Kee Wong

Research Collection Lee Kong Chian School Of Business

In 2005, the authors of this essay led the development and launch of SMU’s (Singapore Management University) first e-learning package on ‘Knowledge Management’. The package is aimed at supporting SMU’s mission to be committed to an interactive, participative and technologically-enabled learning experience. Since its inception in 2000, SMU’s educational and administrative practices are modelled after American institutions, in particular the Wharton School of the University of Pennsylvania. To support SMU’s unique pedagogy, wireless technology for mobile computing is a central feature at SMU. Against this background, the paper features a self-critical and reflective case study of the roll out of …


Asymmetries In Stock Returns: Statistical Tests And Economic Evaluation, Yongmiao Hong, Jun Tu, Guofu Zhou Sep 2007

Asymmetries In Stock Returns: Statistical Tests And Economic Evaluation, Yongmiao Hong, Jun Tu, Guofu Zhou

Research Collection Lee Kong Chian School Of Business

We provide a model-free test for asymmetric correlations in which stocks move more often with the market when the market goes down than when it goes up, and also provide such tests for asymmetric betas and covariances. When stocks are sorted by size, book-to-market, and momentum, we find strong evidence of asymmetries for both size and momentum portfolios, but no evidence for book-to-market portfolios. Moreover, we evaluate the economic significance of incorporating asymmetries into investment decisions, and find that they can be of substantial economic importance for an investor with a disappointment aversion (DA) preference as described by Ang, Bekaert, …


Job Satisfaction As Mediator: An Assessment Of Job Satisfaction's Position Within The Nomological Network, Marcus Crede, Oleksandr S. Chernyshenko, Stephen Stark, Reeshad S. Dalal, Michael R. Bashshur Sep 2007

Job Satisfaction As Mediator: An Assessment Of Job Satisfaction's Position Within The Nomological Network, Marcus Crede, Oleksandr S. Chernyshenko, Stephen Stark, Reeshad S. Dalal, Michael R. Bashshur

Research Collection Lee Kong Chian School Of Business

Job satisfaction's position within the nomological network and the mechanism outlined by theories of social exchange suggest that job satisfaction functions as a mediator of the relationship between various antecedent variables and volitional workplace behaviours. We extend social exchange theory to include perceptions of the total job situation and develop a model that positions job satisfaction as a mediator of the relationships between various internal and external antecedent variables, and three volitional workplace behaviours: citizenship behaviours, counterproductive workplace behaviours, and job withdrawal. The fit of a fully mediated model is good and all four classes of antecedents (dispositions, workplace events, …


Coordination In Distributed Organizations, Kannan Srikanth Aug 2007

Coordination In Distributed Organizations, Kannan Srikanth

Research Collection Lee Kong Chian School Of Business

Innovative work performed in a distributed fashion does not easily lend to itself either of two classic coordination strategies - anticipatory planning or ongoing rich communication. We study how innovative work that is distributed across space and time is coordinated in global software service organizations. Our findings indicate that neither coordination by plan nor coordination by feedback play a dominant role in the coordination of distributed software services delivery. Instead, we find that the firms we studied coordinate action distributed work by relying on common ground. Common ground leads to coordinated action across locations by two means: the anticipation effect …


What They Know Vs. What They Do: How Acquirers Leverage Technology Acquisitions, Phanish Puranam, Kannan Srikanth Aug 2007

What They Know Vs. What They Do: How Acquirers Leverage Technology Acquisitions, Phanish Puranam, Kannan Srikanth

Research Collection Lee Kong Chian School Of Business

Existing research suggests that in acquisitions of small technology-based firms by large established firms post-merger integration both enables and hinders acquirers' efforts to leverage the technology of acquired firms. This apparent paradox can be resolved once we account for the qualitatively distinct ways in which acquirers leverage technology acquisitions. Integration helps acquirers use the acquired firm's existing knowledge as an input to their own innovation processes (leveraging what they know), but hinders their reliance on the acquired firm as an independent source of ongoing innovation (leveraging what they do). We also show that experienced acquirers are better able to mitigate …


A New Approach To The Measurement Of Polarization For Grouped Data, Eckart Bomsdorf, Clemens A. Otto Aug 2007

A New Approach To The Measurement Of Polarization For Grouped Data, Eckart Bomsdorf, Clemens A. Otto

Research Collection Lee Kong Chian School Of Business

In this paper we develop a measure of polarization for discrete distributions of non-negative grouped data. The measure takes into account the relative sizes and homogeneities of individual groups as well as the heterogeneities between all pairs of groups. It is based on the assumption that the total polarization within the distribution can be understood as a function of the polarizations between all pairs of groups. The measure allows information on existing groups within a population to be used directly to determine the degree of polarization. Thus the impact of various classifi- cations on the degree of polarization can be …


Understanding Chinese Business Behaviour: A Historical Perspective, Taieb Hafsi, Li Yan Aug 2007

Understanding Chinese Business Behaviour: A Historical Perspective, Taieb Hafsi, Li Yan

Research Collection Lee Kong Chian School Of Business

The behaviour of Chinese business has been studied by a variety of strategic management scholars (see in particular Hafsi and Tian, 2005; Peng, 2006; Peng and Heat, 1996). Most of these studies rely on traditional data gathering, either in the form of interviews or published data banks. Very little attention has been given to history as a determinant of strategic behaviour. In this paper, we propose that the cognitive orientation of Chinese managers is dominated by their knowledge and understanding of Chinese history. We take the Three Kingdoms historic novel as a proxy to history to derive basic behavioral norms …


Investing In Hedge Funds When Returns Are Predictable, Doron Avramov, Robert Kosowski, Narayan Y. Naik, Melvyn Teo Aug 2007

Investing In Hedge Funds When Returns Are Predictable, Doron Avramov, Robert Kosowski, Narayan Y. Naik, Melvyn Teo

Research Collection Lee Kong Chian School Of Business

This paper evaluates hedge fund performance through portfolio strategies that incorporate predictability in managerial skills, fund risk loadings, and benchmark returns. Incorporating predictability substantially improves performance for the entire universe of hedge funds as well as various subsets based on investment styles. Such out-performance is strongest during market downturns when the marginal utility of consumption is relatively high. Moreover, the major source of investment profitability is predictability in managerial skills. In particular, long-only strategies that incorporate predictable skills outperform their Fung and Hsieh (2004) benchmarks by over 12 percent per year. The economic value of predictability obtains for various rebalancing …


Rethinking Customer Solutions: From Product Bundles To Relational Processes, Kapil Tuli, Ajay K. Kohli, Sundar G. Bharadwaj Jul 2007

Rethinking Customer Solutions: From Product Bundles To Relational Processes, Kapil Tuli, Ajay K. Kohli, Sundar G. Bharadwaj

Research Collection Lee Kong Chian School Of Business

This study draws on depth interviews with 49 managers in customer firms and 55 managers in supplier firms and on discussions with 21 managers in two focus groups to propose a new way of thinking about customer solutions. Extant literature and suppliers interviewed for this study view a solution as a customized and integrated combination of goods and services for meeting a customer's business needs. In contrast, customers view a solution as a set of customerâ€supplier relational processes comprising (1) customer requirements definition, (2) customization and integration of goods and/or services and (3) their deployment, and (4) postdeployment customer support, …


International Venturing By Emerging Economy Firms: The Effects Of Firm Capabilities, Home Country Networks, And Corporate Entrepreneurship, Daphne W. Yiu, Chungming Lau, Garry D. Bruton Jul 2007

International Venturing By Emerging Economy Firms: The Effects Of Firm Capabilities, Home Country Networks, And Corporate Entrepreneurship, Daphne W. Yiu, Chungming Lau, Garry D. Bruton

Research Collection Lee Kong Chian School Of Business

Past literature on foreign direct investment generally supports an economics perspective that there is a direct relationship between firm-specific ownership advantages and international expansion. However, in emerging economies, with their institutional environment context characterized by low resource munificence and continuous economic liberalization, a theoretical extension of the current perspective is needed. This paper introduces new parameters by focusing on specific ownership advantages and strategic actions that firms have to develop in response to the institutional characteristics of the emerging economies when they decide to pursue outward FDI. The focus here is on international venturing that requires a firm to engage …


Silence Speaks Volumes: The Effectiveness Of Reticence In Comparison To Apology And Denial For Repairing Integrity- And Competence-Based Trust Violations, Donald L. Ferrin, Peter H. Kim, Cecily D. Cooper, Kurt T. Dirks Jul 2007

Silence Speaks Volumes: The Effectiveness Of Reticence In Comparison To Apology And Denial For Repairing Integrity- And Competence-Based Trust Violations, Donald L. Ferrin, Peter H. Kim, Cecily D. Cooper, Kurt T. Dirks

Research Collection Lee Kong Chian School Of Business

Prior research on responses to trust violations has focused primarily on the effects of apology and denial. The authors extended this research by studying another type of verbal response that is often used to respond to trust violations but has not been considered in the trust literature: reticence. An accused party may use reticence in a sincere and even legitimate attempt to persuade a trustor to withhold judgment. Yet, by considering information diagnosticity and belief formation mechanisms through which verbal responses influence trust, the authors argue that reticence is a suboptimal response because it combines the least effective elements of …


Explaining Affective Linkages In Teams: Individual Differences In Susceptibility To Contagion And Individualism–Collectivism, Remus Ilies, David T. Wagner, Frederick P. Morgeson Jul 2007

Explaining Affective Linkages In Teams: Individual Differences In Susceptibility To Contagion And Individualism–Collectivism, Remus Ilies, David T. Wagner, Frederick P. Morgeson

Research Collection Lee Kong Chian School Of Business

To expand on the understanding of how affective states are linked within teams, the authors describe a longitudinal study examining the linkages between team members' affective states over time. In a naturalistic team performance setting, they found evidence that the average affective state of the other team members was related to an individual team member's affect over time, even after controlling for team performance. In addition, they found that these affective linkages were moderated by individual differences in susceptibility to emotional contagion and collectivistic tendencies such that the strength of the linkage was stronger for those high in susceptibility and …


An Empirical Examination Of The Mechanisms Mediating Between High Performance Work Systems And The Performance Of Japanese Organizations, Riki Takeuchi, David P. Lepak, Heli Wang, Kazuo Takeuchi Jul 2007

An Empirical Examination Of The Mechanisms Mediating Between High Performance Work Systems And The Performance Of Japanese Organizations, Riki Takeuchi, David P. Lepak, Heli Wang, Kazuo Takeuchi

Research Collection Lee Kong Chian School Of Business

The resource-based view of the firm and social exchange perspectives are invoked to hypothesize linkages among high-performance work systems, collective human capital, the degree of social exchange in an establishment, and establishment performance. The authors argue that high-performance work systems generate a high level of collective human capital and encourage a high degree of social exchange within an organization, and that these are positively related to the organization's overall performance. On the basis of a sample of Japanese establishments, the results provide support for the existence of these mediating mechanisms through which high-performance work systems affect overall establishment performance.


Why Is There No Game?' Critical Success Factors In Blending An E-Learning Module Into A Knowledge Management Course: A Case Study From The Singapore Management University (Smu), Thomas Menkhoff, Yue Kee Wong, Tze Yian Thang, Donata Ty Edgardo Jul 2007

Why Is There No Game?' Critical Success Factors In Blending An E-Learning Module Into A Knowledge Management Course: A Case Study From The Singapore Management University (Smu), Thomas Menkhoff, Yue Kee Wong, Tze Yian Thang, Donata Ty Edgardo

Research Collection Lee Kong Chian School Of Business

In 2005, the authors of this essay led the development and launch of SMU's (Singapore Management University) first e-learning package on 'Knowledge Management'. This package has been integrated into the overall teaching strategy, thereby fulfilling the University's mission to be "committed to an interactive, participative and technologically-enabled learning experience"

Since its inception in 2000, SMU's educational and administrative practices are modelled after American institutions, in particular the Wharton School of the University of Pennsylvania. To support SMU's unique pedagogy, wireless technology for mobile computing is a central feature at SMU.

Against this background, the paper presents a self-critical and reflective …


Situational Judgment Tests In High-Stakes Settings: Issues And Strategies With Generating Alternate Forms, Filip Lievens, Paul R. Sackett Jul 2007

Situational Judgment Tests In High-Stakes Settings: Issues And Strategies With Generating Alternate Forms, Filip Lievens, Paul R. Sackett

Research Collection Lee Kong Chian School Of Business

This study used principles underlying item generation theory to posit competing perspectives about which features of situational judgment tests might enhance or impede consistent measurement across repeat test administrations. This led to 3 alternate-form development approaches (random assignment, incident isomorphism, and item isomorphism). The effects of these approaches on alternate-form consistency, mean score changes, and criterion-related validity were examined in a high-stakes context (N = 3,361). Generally, results revealed that even small changes in the context of the situations presented resulted in significantly lower alternate-form consistency. Conversely, placing more constraints on the alternate-form development process proved beneficial. The contributions, implications, …


Asymmetric Discounting In Intertemporal Choice: A Query Theory Account, E. U. Weber, E. J. Johnson, K. F. Milch, Hannah H. Chang, J. C. Brodscholl, D. G. Goldstein Jun 2007

Asymmetric Discounting In Intertemporal Choice: A Query Theory Account, E. U. Weber, E. J. Johnson, K. F. Milch, Hannah H. Chang, J. C. Brodscholl, D. G. Goldstein

Research Collection Lee Kong Chian School Of Business

People are impatient and discount future rewards more when they are asked to delay consumption than when they are offered the chance to accelerate consumption. The three experiments reported here provide a process-level account for this asymmetry, with implications for designing decision environments that promote less impulsivity. In Experiment 1, a thought-listing procedure showed that people decompose discount valuation into two queries. Whether one considers delayed or accelerated receipt of a gift certificate influences the order in which memory is queried to support immediate versus delayed consumption, and the order of queries affects the relative number of patient versus impatient …


Reviewing Journal Rankings And Revisiting Peer Reviews: Editorial Perspectives, Timothy Adrian Robert Clark, Mike Wright Jun 2007

Reviewing Journal Rankings And Revisiting Peer Reviews: Editorial Perspectives, Timothy Adrian Robert Clark, Mike Wright

Research Collection Lee Kong Chian School Of Business

In this article we respond to the key points made by Macdonald and Kam (2007) in relation to journal quality and the peer review process. Whilst we appreciate that their tone is intentionally provocative, the picture they present is one of unremitting gloom and reluctant acquiescence to a system out of control. It is as if the publication process has a series of self‐supporting logics that separate it from any notion of publishing in order to benefit the discipline through the advance of knowledge and understanding. From this perspective the publishing process and the consequent content of management journals are …


The Impact Of Peer-Helper Program On Peer Helpers: Some Preliminary Findings, Yip Wei, Gilbert Tan, Timothy Hsi Jun 2007

The Impact Of Peer-Helper Program On Peer Helpers: Some Preliminary Findings, Yip Wei, Gilbert Tan, Timothy Hsi

Research Collection Lee Kong Chian School Of Business

The Singapore Management University (SMU) initiated a peer helping program in January 2004 for the purpose of having the helpers act as a “bridge” between the University counseling service and the student community. Over the years, the peer helping program has broadened to include wellness education in addition to providing peer counseling, mentoring and mediation services for the student community. Although most of the students who volunteered for the program have demonstrated strong intrinsic desires to assist and to help others, the writers of this paper are of the opinion that the benefits of peer helping extends to both the …


Local Knowledge Going Global: Singapore's Exported Expertise In Indonesia, Vietnam And China, Wilfred Pow Ngee How, Caroline Yeoh Jun 2007

Local Knowledge Going Global: Singapore's Exported Expertise In Indonesia, Vietnam And China, Wilfred Pow Ngee How, Caroline Yeoh

Research Collection Lee Kong Chian School Of Business

No abstract provided.


Riau Vegetables For Singapore Consumers: A Collaborative Knowledge-Transfer Project Across The Straits Of Malacca, Thomas Menkhoff, Patrick H. M. Loh, Sin Bin Chua, Hans-Dieter Evers Jun 2007

Riau Vegetables For Singapore Consumers: A Collaborative Knowledge-Transfer Project Across The Straits Of Malacca, Thomas Menkhoff, Patrick H. M. Loh, Sin Bin Chua, Hans-Dieter Evers

Research Collection Lee Kong Chian School Of Business

The paper analyses a recent collaborative knowledge transfer project between the Republic of Singapore and the Republic of Indonesia across the Straits of Malacca. The initiative was aimed at supplying the city state at the southern tip of the Malay Peninsula with green vegetables from Riau, Indonesia, and to provide technical assistance to Riau farmers on protected cultivation and post-harvest technologies. We reconstruct the bilateral evolution of the vegetable project in the context of the long-standing relationships between both countries vis-à-vis Singapore’s reliance on food imports; identify the strategic partner organizations on both sides and their motivations to engage in …


Chaos And Convergence On Bucket Brigade Assembly Lines, John J. Bartholdi, Iii, Donald D. Eisenstein, Yun Fong Lim Jun 2007

Chaos And Convergence On Bucket Brigade Assembly Lines, John J. Bartholdi, Iii, Donald D. Eisenstein, Yun Fong Lim

Research Collection Lee Kong Chian School Of Business

One way to coordinate the efforts of workers along an assembly line that has fewer workers than work stations is to form a bucket brigade. Each worker in a bucket brigade simultaneously assembles a single item (an instance of the product) along the line. The worker carries the item from work station to work station until either he hands of his item to a downstream co-worker or he completes the work for his item. The worker then walks back to get another item, either from his co-worker upstream or from a buffer at the beginning of the line. The most …


Entrepreneurship As A Wealth Creation And Value-Adding Process, Wee Liang Tan Jun 2007

Entrepreneurship As A Wealth Creation And Value-Adding Process, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

The author reflects on the development of the meaning of entrepreneurship. Entrepreneurship is the process of doing something different and new to develop wealth for individual and adding value of the society. He emphasizes that the domain of the entrepreneurship is not only limited to business arena. He adds that its spectrum has also covered the scope of activities of several institutions and organizations.


The Never-Ending Siege, Michael A. Netzley Jun 2007

The Never-Ending Siege, Michael A. Netzley

Research Collection Lee Kong Chian School Of Business

WHILE DRIVING THROUGH Sarajevo in the fall of 2002, I had the funny feeling that something was not quite right. By normal standards, this should have felt like a good day. I was visiting Sarajevo for the first time, I had tasted chevapchichi, and I had just concluded 5 days of executive education. However, something did not feel right.


Researching Situated Learning: Participation, Identity And Practices In Client-Consultant Relationships, Karen Handley, Timothy Adrian Robert Clark, Robin Fincham, Andrew Sturdy Jun 2007

Researching Situated Learning: Participation, Identity And Practices In Client-Consultant Relationships, Karen Handley, Timothy Adrian Robert Clark, Robin Fincham, Andrew Sturdy

Research Collection Lee Kong Chian School Of Business

Situated learning theory has emerged as a radical alternative to conventional cognitivist theories of knowledge and learning, emphasizing the relational and structural aspects of learning as well as the dynamics of identity construction. However, although many researchers have embraced the theoretical strengths of this perspective, methodological and operational issues remain undeveloped in the literature. This article seeks to address these deficiencies by developing a conceptual framework informed by situated learning theory and by investigating the methodological implications. The framework is applied in the context of an empirical study of how management consultants learn the practices and identities appropriate to clientconsultant …


The Effects Of Optimal Time Of Day On Persuasion Processes In Older Adults, Carolyn C. Yoon, Pui Yee, Michelle Lee, Shai Danziger May 2007

The Effects Of Optimal Time Of Day On Persuasion Processes In Older Adults, Carolyn C. Yoon, Pui Yee, Michelle Lee, Shai Danziger

Research Collection Lee Kong Chian School Of Business

Past research demonstrates that the majority of older adults (60 years and older) perform resource-demanding tasks better in the morning than in the afternoon or evening. The authors ask whether this time-of-day effect also impacts persuasion processes performed under relatively high involvement. The data show that the attitudes of older adults are more strongly affected by an easy-to-process criterion, picturerelatedness, at their non-optimal time of day (afternoon) and by a more-difficult-to-process criterion, argument strength, at their optimal time of day (morning). In contrast, the attitudes of younger adults are affected primarily by argument strength at both their optimal (afternoon) and …


Machine Scheduling Performance With Maintenance And Failure, Yunsong Guo, Andrew Lim, Brian Rodrigues, Shuang Yu May 2007

Machine Scheduling Performance With Maintenance And Failure, Yunsong Guo, Andrew Lim, Brian Rodrigues, Shuang Yu

Research Collection Lee Kong Chian School Of Business

In manufacturing control, machine scheduling research has mostly dealt with problems either without maintenance or with deterministic maintenance when no failure can occur. This can be unrealistic in practical settings. In this work, an experimental model is developed to evaluate the effect of corrective and preventive maintenance schemes on scheduling performance in the presence of machine failure where the scheduling objective is to minimize schedule duration. We show that neither scheme is clearly superior, but that the applicability of each depends on several system parameters as well as the scheduling environment itself. Further, we show that parameter values can be …


Incorporating Learning Through Doing In Entrepreneurship Education: The Case Of An University Industry Alliance In Asia, Wee Liang Tan, David B. Montgomery May 2007

Incorporating Learning Through Doing In Entrepreneurship Education: The Case Of An University Industry Alliance In Asia, Wee Liang Tan, David B. Montgomery

Research Collection Lee Kong Chian School Of Business

With the developments in Asia, there is little doubt that entrepreneurship education would make it way across from the West to Asia. However, the form and manner it takes may differ because of the context and the definition of entrepreneurship adopted. With the differences in Asia and development of entrepreneurship policies adopted by the Asian policymakers, entrepreneurship education has variations across Asia. This paper outlines one such development in a new university in Singapore, involving the university with an industry alliance.


Can Training Improve The Quality Of Inferences Made By Raters In Competency Modeling? A Quasi-Experiment, Filip Lievens, Juan I. Sanchez May 2007

Can Training Improve The Quality Of Inferences Made By Raters In Competency Modeling? A Quasi-Experiment, Filip Lievens, Juan I. Sanchez

Research Collection Lee Kong Chian School Of Business

A quasi-experiment was conducted to investigate the effects of frame-of-reference training on the quality of competency modeling ratings made by consultants. Human resources consultants from a large consulting firm were randomly assigned to either a training or a control condition. The discriminant validity, interrater reliability, and accuracy of the competency ratings were significantly higher in the training group than in the control group. Further, the discriminant validity and interrater reliability of competency inferences were highest among an additional group of trained consultants who also had competency modeling experience. Together, these results suggest that procedural interventions such as rater training can …