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Publication records

Journal Article

Two birds, one stone? Positive mood makes products seem less useful for multiple-goal pursuit

Journal of Consumer Psychology 25 (2): 296–303
Anastasiya Pocheptsova, Francine Espinoza Petersen, Jordan Etkin (2015)
Subject(s)
Marketing
Keyword(s)
Goals, product evaluation, positive mood
Negotiating the pursuit of multiple goals often requires making difficult trade-offs between goals. In these situations, consumers can benefit from using products that help them pursue several goals at the same time. But do consumers always prefer these multipurpose products? We propose that consumers’ incidental mood state alters perceptions of products in a multiple-goals context. Four studies demonstrate that being in a positive mood amplifies perceptions of differences between multiple conflicting goals. As a consequence, consumers are less likely to evaluate multipurpose products as being able to serve multiple distinct goals simultaneously. We conclude by discussing implications of these findings for marketers of multipurpose products.
With permission of Elsevier
Volume
25
Journal Pages
296–303
Journal Article

Consumer reactions to business-nonprofit alliances: Who benefits and when?

Marketing Letters 26 (1): 29–42
Caglar Irmak, Sankar Sen, CB Bhattacharya (2015)
Subject(s)
Ethics and social responsibility; Marketing
Keyword(s)
Corporate social responsibility, business–nonprofit alliance, nonprofit, Company involvement, company reputation, alliance fit
We investigate the effect of increased company involvement on consumer reactions to companies and nonprofits in business–nonprofit alliances to show that consumer reactions to the two parties in such alliances can, under certain conditions, diverge from each other. Specifically, we show that increased company involvement results in more positive consumer attitudes toward companies with low (but not high) reputation, while it leads to more positive consumer attitude toward nonprofits that partner with companies with high (but not low) reputation. Furthermore, we demonstrate that these effects are independent of the perceived fit between the company and nonprofit forming the alliance. Finally, we show that when consumers elaborate on company motives, the observed effects of increased company involvement are mitigated.
© Springer Science+Business Media New York 2013. With permission of Springer
Volume
26
Journal Pages
29–42
Journal Article

Corporate crises in the age of corporate social responsibility

Business Horizons 58 (2): 183–192
Catherine Janssen, Sankar Sen, CB Bhattacharya (2015)
Subject(s)
Ethics and social responsibility
Keyword(s)
Corporate social responsibility, corporate crisis, insulation, crisis management
Many companies today believe that corporate social responsibility (CSR) acts as a reservoir of goodwill, insulating the firm from the negative impacts of a crisis. Yet, the impact of CSR on public reaction to corporate crises is more complex. Drawing on research on stakeholder reactions to CSR and—more specifically—corporate crises, we present a contingent framework for understanding the roles of CSR in corporate crises and how to manage it. This framework posits that CSR plays four important roles: it (1) increases stakeholders’ attention to crises, (2) affects blame attributions, (3) raises expectations, and (4) changes stakeholders’ evaluations of crisis situations. Several factors underlying these roles are also discussed. Overall, this article underscores that while CSR may insulate companies and mitigate stakeholders’ negative responses in some cases, in others it may actually lead to the opposite effect, amplifying the negative impact of a crisis. The article ends with a brief discussion of the implications of our framework for effective crisis management strategies in the age of CSR.
With permission of Elsevier
Volume
58
Journal Pages
183–192
Journal Article

The Markov-switching jump diffusion LIBOR market model

Quantitative Finance 15 (3): 455–476
Lea Steinruecke, Rudi Zagst, Anatoliy V. Swishchuk (2015)
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
LIBOR market model, jump diffusion,Markov switching, Heath-Jarrow-Morton model, pricing, parameter estimation
JEL Code(s)
C02, C60, G12, G13
Volume
15
Journal Pages
455–476
Journal Article

A proportional value for cooperative games with a coalition structure

Theory and Decision 78 (2): 273–287
Frank Huettner (2015)
Subject(s)
Management sciences, decision sciences and quantitative methods
Keyword(s)
Shapley value, Owen value, proportional value, consistency
Volume
78
Journal Pages
273–287
Journal Article

The “greatest” carry trade ever? Understanding Eurozone bank risks

Journal of Financial Economics 115 (2): 215–236
Lead Article
2014 Best Paper Award
Viral V. Acharya, Sascha Steffen (2015)
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
Sovereign debt crisis, banking crisis, risk-shifting, regulatory arbitrage, home bias, moral suasion
JEL Code(s)
G01, G21, G28, G14, G15, F3
We show that eurozone bank risks during 2007-2013 can be understood as “carry trade” behavior. Bank equity returns load positively on peripheral (Greece, Italy, Ireland, Portugal, Spain, or GIIPS) bond returns and negatively on German government bond returns, which generated “carry” until the deteriorating GIIPS bond returns adversely affected bank balance sheets. We find support for risk-shifting and regulatory arbitrage motives at banks in that carry trade behavior is stronger for large banks and banks with low capital ratios and high risk-weighted assets. We also find evidence for home bias and moral suasion in the subsample of GIIPS banks.
With permission of Elsevier
Volume
115
Journal Pages
215–236
Journal Article

Upward pricing pressure analysis: Critical issues in recent applications

Journal of European Competition Law and Practice 6 (1): 48–53
Lars Wiethaus, Rainer Nitsche (2015)
Subject(s)
Economics, politics and business environment
Volume
6
Journal Pages
48–53
Journal Article

Me, a woman and a leader: Positive social identity and identity conflict

Organizational Behavior and Human Decision Processes 125 (2): 204–219
Natalia Karelaia, Laura Guillén (2014)
Subject(s)
Human resources management/organizational behavior
This paper focuses on women leaders’ self-views as women and leaders and explores consequences of positive social identity (i.e., positive evaluation of the social category in question) for women in leadership positions. We hypothesized that holding positive gender and leader identities reduced perceived conflict between women’s gender and leader identities and thereby resulted in favorable psychological and motivational consequences. Studies 1 and 2 revealed that positive gender identity indeed reduced women leaders’ identity conflict. In Study 3, we found that by lessening identity conflict, positive gender identity reduced stress, increased life satisfaction, and caused women to construe leading more as an attractive goal than a duty. In contrast, positive leader identity directly affected women’s motivation to lead, but did not reduce their identity conflict. Overall, these results emphasize the protective role of women’s positive gender identity for their advancement in organizations and leader identity development.
With permission of Elsevier
Volume
125
Journal Pages
204–219
Journal Article

Do mental health stigma and gender influence MBAs' willingness to engage in coaching?

International Journal of Mentoring and Coaching in Education 3 (3): 277–292
Julia Millard, Konstantin Korotov (2014)
Subject(s)
Human resources management/organizational behavior
Keyword(s)
Coaching, business education, mentoring and coaching in HE
While much research has been done on how attitudes towards therapy relate to engagement in it, the willingness to engage in coaching has not yet been studied. As coaching continues to grow in popularity and makes its way into curricula of MBA programs, it is worth examining what factors may influence people’s attitudes toward this new type of psychological support. With frequently noticed and discussed similarities between coaching and therapy, this paper examines whether particular antecedents of engagement in therapy, namely mental health stigma and gender, would be equally relevant for engagement in coaching by MBA students.
With permission of Emerald
Volume
3
Journal Pages
277–292
Journal Article

Footprints in the sands of time: A comparative analysis of the effectiveness of customer satisfaction and customer–company identification over time

Journal of Marketing 78 (6): 78–102
Till Haumann, Benjamin Quaiser, Jan Wieseke, Mario Rese (2014)
Subject(s)
Marketing
Keyword(s)
Customer satisfaction, customer–company identification, competitive advertising, customer loyalty, customer willingness to pay, latent growth modeling
Previous research has identified customer satisfaction and customer–company identification as two of the most important concepts in relationship marketing. Despite their proclaimed importance, research on their long-term effectiveness is surprisingly scarce. Furthermore, comparative research acknowledging the concepts' different theoretical roots and illuminating the differences in their long-term effectiveness is lacking. Also, little is known about how competitive actions affect the long-term effectiveness of both concepts. This study makes a first attempt to address these research voids and offers a comparative analysis of the effectiveness of customer satisfaction and customer–company identification in driving important customer outcomes over time. Latent growth analyses of rich longitudinal data from customers over nine measurement points spanning 43 weeks (n = 6930) show that customer satisfaction and customer–company identification have positive initial effects on customers' loyalty and willingness to pay, but differ in their ability to maintain these positive effects over time. While the positive effects of customer satisfaction decrease more rapidly, the effects of customer– company identification are significantly more persistent. Analysis of the moderating effects of relative competitive advertising suggests that customer–company identification is more effective at immunizing customers against competitive actions.
With the permission of the American Marketing Association
Volume
78
Journal Pages
78–102