The impact of executive job demands on dismissals of newly appointed CEOs

2015 ◽  
Vol 21 (6) ◽  
pp. 705-724
Author(s):  
Yu-Kai M Wang ◽  
Kun M Yang
Keyword(s):  
Information Processing ◽  
Job Demands ◽  
International Diversification ◽  
Product Diversification ◽  
Explanatory Variables ◽  
Processing Theory ◽  
Ceo Dismissal ◽  
Diversified Firms ◽  
High Degree ◽  
The Impact

AbstractWhy are some newly appointed CEOs dismissed from their positions while others are not? Is it hard for newly appointed CEOs to survive in highly diversified firms? Drawing upon the concepts of executive job demands and information-processing theory, we argue that newly appointed CEOs face entirely different degrees of complexity and challenges in their role, and that firms’ product diversification and international diversification predict dismissals of newly appointed CEOs after controlling for other possible explanatory variables. Additionally, we propose that appointment of a new outsider CEO makes newly appointed CEOs more vulnerable to dismissal and consequently strengthens the predicted relationships. The empirical results support our arguments. These results suggest that the demands faced by a high degree of (product or international) diversification are likely to present challenges that increase the likelihood of corporate disruption through the departures of newly appointed CEOs. Contributions to the CEO dismissal and succession literature are discussed.

Research on the impact of online picture contents of agricultural products on consumers' willingness to click

2021 ◽  
Vol 4 (3) ◽  
pp. 424-446
Author(s):  
Wenhui Tian ◽  
Yanjun Li ◽  
Linzhu Li
Keyword(s):  
Information Processing ◽  
Boundary Conditions ◽  
Online Marketing ◽  
Agricultural Products ◽  
Production Environment ◽  
Content Type ◽  
Processing Theory ◽  
Processing Modes ◽  
Emotional System ◽  
The Impact

PurposeThe paper aims to clarify the influence of different picture contents on consumer's willingness to click pictures when shopping for agricultural products online and examine the intermediary mechanism and boundary conditions of the impact.Design/methodology/approachThe paper opted for an empirical study based on the cue utilization theory and information processing theory, including three experiments to test the existence, intermediary mechanism and boundary conditions of the impact of online picture contents of agricultural products on consumers' clicking intention.FindingsThe paper provides empirical insights about the influence of picture contents on consumer's willingness to click when shopping for agricultural products online. The picture of product's production environment or grower on the search result page can effectively improve consumer's willingness to click the product under dual systemic information processing modes. Compared with product pictures, pictures displaying products and production environment can stimulate more cognitive system processing, and pictures displaying products and its growers can stimulate more emotional system processing, both resulting in higher click intention. However, the above effects only exist in the context of non-branded agricultural products.Originality/valueThe research results not only provide practical guidance for merchants, but also fill the gap in the research on the impact of picture contents on consumers in the field of agricultural products in online marketing.

Research on the impact of online picture contents of agricultural products on consumers' willingness to click

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wenhui Tian ◽  
Yanjun Li ◽  
Linzhu Li
Keyword(s):  
Information Processing ◽  
Boundary Conditions ◽  
Online Marketing ◽  
Agricultural Products ◽  
Production Environment ◽  
Content Type ◽  
Processing Theory ◽  
Processing Modes ◽  
Emotional System ◽  
The Impact

PurposeThe paper aims to clarify the influence of different picture contents on consumer's willingness to click pictures when shopping for agricultural products online and examine the intermediary mechanism and boundary conditions of the impact.Design/methodology/approachThe paper opted for an empirical study based on the cue utilization theory and information processing theory, including 3 experiments to test the existence, intermediary mechanism and boundary conditions of the impact of online picture contents of agricultural products on consumers' clicking intention.FindingsThe paper provides empirical insights about the influence of picture contents on consumer's willingness to click when shopping for agricultural products online. The picture of product's production environment or grower on the search result page can effectively improve consumer's willingness to click the product under dual-systemic information processing modes. Compared with product pictures, pictures displaying products and production environment can stimulate more cognitive system processing, and pictures displaying products and its growers can stimulate more emotional system processing, both resulting in higher click intention. However, the above effects only exist in the context of non-branded agricultural products.Originality/valueThe research results can not only provide practical guidance for merchants, but also fill the gap in the research on the impact of picture contents on consumers in the field of agricultural products in online marketing.

Using Information Processing Theory to Design Marketing Strategies

1981 ◽  
Vol 18 (1) ◽  
pp. 73-79 ◽  
Author(s):  
Alice M. Tybout ◽  
Bobby J. Calder ◽  
Brian Sternthal
Keyword(s):  
Information Processing ◽  
Marketing Strategy ◽  
Marketing Strategies ◽  
Information Processing Theory ◽  
Processing Theory ◽  
The Impact

The research demonstrates the usefulness of information processing in designing marketing strategy. Two strategies based on information processing theory are shown to be effective in combating the impact of an adverse rumor. The traditional theoretical and intuitive strategy of directly refuting a rumor is shown to be ineffective.

International Diversification, SFAS 131, and Debt Maturity Structure

2018 ◽  
Vol 35 (2) ◽  
pp. 438-468 ◽  
Author(s):  
Changjiang Wang
Keyword(s):  
International Diversification ◽  
Debt Maturity ◽  
Financial Accounting ◽  
Debt Maturity Structure ◽  
Sfas 131 ◽  
Maturity Structure ◽  
Geographic Segment Disclosures ◽  
Segment Disclosures ◽  
Diversified Firms ◽  
The Impact

This study examines the impact of geographic segment disclosures under the Statement of Financial Accounting Standards No. 131 (SFAS 131) on the debt maturity structure of internationally diversified firms. I find that the proportion of short-maturity debt increases with a firm’s international diversification. Moreover, the implementation of SFAS 131 attenuates the positive relation between international diversification and short-maturity debt. This attenuation effect is more pronounced for firms that continue to disclose geographic segment earnings in the post-SFAS 131 period than firms that do not. As short-maturity debt subjects firms to refinancing and potential costly liquidation risks, these results suggest a beneficial role of SFAS 131 in reducing firms’ reliance on short-maturity debt to address information asymmetry and agency costs of debt arising from international diversification. Furthermore, this study suggests that enhanced mandatory disclosure has a real effect on firms’ financing activities and capital structure.

Prospects for the use of the “model budget” in the distribution of equalization grants in Russia

2019 ◽  
pp. 21-38
Author(s):  
Alexander N. Deryugin ◽  
Ilya A. Sokolov
Keyword(s):  
Intergovernmental Relations ◽  
Unfunded Mandates ◽  
Interregional Inequality ◽  
Alternative Approach ◽  
The Russian Federation ◽  
Regional Authorities ◽  
High Degree ◽  
Equalization Grants ◽  
The Impact ◽  
Budget Expenditure

The paper analyzes the impact of the “model budget” on the problems of intergovernmental relations in the Russian Federation: a high proportion of expenditure obligations of regional and local budgets and a high degree of interregional inequality in fiscal capacity and socio-economic development. It was concluded that the planned broader use of the “model budget” will not solve the problem of unfunded mandates and will lead first to a significant reduction in incentives for regional authorities to develop the territorial revenue base, and then to economic slowdown in the country. As an alternative approach to improving intergovernmental relations, options are being considered for adjusting the parameters of the equalization transfers distribution formula, the procedure for determining their total volume and calculating the budget expenditure index. In solving the problem of unfunded mandates, an equally important role is given to the procedure for preparing a financial and economic rationale for draft laws.

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