The Scaling Property of Randomness: the Impact of Reporting Frequency on the Perceived Performance of Investment Funds

2005 ◽  
Author(s):  
Nigel Finch ◽  
Guy Ford ◽  
Suresh Cuganesan ◽  
Tyrone M. Carlin
2019 ◽  
Vol 11 (4) ◽  
pp. 883-893
Author(s):  
John J. Sailors

Purpose The purpose of this paper is to explore a host of issues related to the use of marketing metrics and firm performance in the context of the Middle East. Specifically, it seeks to explore which marketing metrics relate to perceived performance, to understand how frequency of metric reporting impacts perceived performance, to identify the impact that marketing dashboards have on perceived firm performance and to analyze how measurement ability relates to perceived performance. Design/methodology/approach This paper used an online survey administered to marketing managers at firms located in the Middle East. A total of 55 participants provided usable data. Participants provided the frequency at which 71 different marketing metrics are reported by their firms and their assessments of the firm’s performance with respect to sales growth, market share growth, and profitability. In addition, they indicated whether or not a marketing dashboard was used to report these metrics, and if so, how long ago the dashboard had been implemented. They also assessed their firm’s holistic ability to measure and use metrics compared to their competition. Findings As expected, marketers in the Middle East found the marketing metrics examined to vary in their usefulness as judged by their relationship to perceived performance. For those metrics that were perceived to be useful, their utility tended to peak at a moderate level of reporting frequency. These findings also varied by the type of performance considered. The use a marketing metric dashboard did not relate to perceived performance, but the frequency with which the dashboards were reported was found to have a negative linear relationship to perceived performance. Overall, the more capable respondents judged their firms to be with respect to measuring and reporting metrics, the higher their perceived performance. Practical implications This paper offers new insights into the usefulness of a wide variety of marketing metrics to marketers in the Middle East. It also provides guidance on the ideal reporting frequency for those metrics. The findings suggest that marketers in the Middle East should focus on reporting key metrics at an appropriate frequency, regardless of whether or not a dashboard format is used. If a dashboard is used, the results of this paper suggest that care should be taken that it not be reported too frequently. Originality/value This paper contributes to our understanding of how marketing metrics relate to performance. As the first such study undertaken in the context of Middle Eastern marketers, it represents an important replication and extension of previous findings in other contexts.


Author(s):  
Perera HPN ◽  
Jusoh M ◽  
Azam SMF ◽  
Sudasinghe SRSN

The main goal of this study was identify the impact of Self-Efficacy on the performance of team sports players in Sri Lanka. Mainly it was focused to measure self-efficacy belief of team players and the experimental variable of the study was perceived performance. The study utilized a likert scale questionnaire which had been adopted from literature to obtain data for the study. The research model was tested using 308 subjects comprised of national level team players. Data were analyzed using SPSS and structural equation modeling with AMOS. Self-efficacy has proven to have a noticeable impact on subjective performance of the players. The recommendations included the strategies which can be utilized to enhance the self-efficacy belief of the players.


2020 ◽  
Vol V (IV) ◽  
pp. 48-59
Author(s):  
Ashfaq Ahmad ◽  
Nisar Ahmad ◽  
Nadia Malik

Effective control of risk factors ensures the performance of projects in any industry. Risk factors can influence software projects of any size and type. This research aims to identify and examine different risk factors associated with projects in the software industry. The relationship between Software Project Risks (SPRs) and Perceived Project Performance (PPP) measures is determined. This study is based on a survey approach, and a questionnaire is used to record opinions and responses from 199 software professionals working in the Pakistan software industry. The results showed that the association between SPRs and PPP measures is statistically significant, and there exist a positive relationship. It is concluded that an increase in understanding of SPRs can increase PPP measures used to evaluate the software project. The results will help researchers and professionals in understanding the impact of different risk factors on software projects' perceived performance.


2018 ◽  
Vol 36 (6) ◽  
pp. 1073-1097 ◽  
Author(s):  
Pascal Buehler ◽  
Peter Maas

Purpose The purpose of this paper is to enhance the understanding of consumer empowerment in the relationship between consumers and service providers. It draws on self-efficacy theory to conceptualize consumer empowerment and explain the impact on perceived performance risk in insurance decision making. Design/methodology/approach This study employs data collected from an online survey involving 487 consumers in Switzerland, who recently decided on an insurance service. A structural equation model quantifies both the psychological effects on consumers’ perception of insurance services and behavioral effects on their decision-making process. Findings Perceived consumer empowerment is conceptualized by perceived self-efficacy and perceived controllability. Both have a significant impact on perceived performance risk, while the former is partially mediated by the preference to delegate the decision to a surrogate. Moreover, customers’ involvement in the purchase process moderates both the direct and indirect effect of perceived self-efficacy on perceived performance risk. Research limitations/implications The results are based on consumers’ perceptions from a single country. Furthermore, consumers’ perceptions were surveyed with a time lag after the decision-making process. To increase rigor, perceptions should be collected during decision making. Practical implications Results show that consumer empowerment can be employed as a risk reduction strategy. Consumers with self-efficacy and controllability beliefs perceive significantly less performance risk; however, practitioners should consider that consumers are also motivated to make decisions independently rather than delegating their decisions. Furthermore, consumer empowerment depends on consumer will. For largely indifferent consumers, empowerment does not affect risk or decision delegation preference. Originality/value The study is among the few empirical works to examine the effects of consumer empowerment on the consumer-service provider relationship on an individual level. Furthermore, applying consumer empowerment in relationship marketing implies a shift in research focus to the question of how consumers construe decision-making situations rather than objectively measuring the state of consumer relationship.


Proceedings ◽  
2019 ◽  
Vol 31 (1) ◽  
pp. 20
Author(s):  
Vega ◽  
Ramírez-Benavides ◽  
Guerrero ◽  
López

By using techniques such as the Wizard of Oz (WoZ) and video capture, this paper evaluated the performance of the Nao Robot in the role of a personal assistant, which was valuated alongside the impact of the assigned gender (male/female) in the perceived performance of the robot assistant. Within a sample size of 39 computer sciences students, this study assessed criteria such as: perceived enjoyment, intention to use, perceived sociability, trust, intelligence, animacy, anthropomorphism, and sympathy, utilizing testing tools such as Unified Theory of Acceptance and Use of Technology (UTAUT) and Godspeed Questionnaire (GSQ). These methods identified a significant effect of the gender assigned to the robot in variables such as intelligence and sympathy.


2008 ◽  
Vol 23 (5) ◽  
pp. 1022-1031 ◽  
Author(s):  
Marion P. Mittermaier

Abstract Skill is defined as actual forecast performance relative to the performance of a reference forecast. It is shown that the choice of reference (e.g., random or persistence) can affect the perceived performance of the forecast system. Two scores, the equitable threat score (ETS) and the odds ratio benefit skill score (ORBSS), were chosen to show the impact of using a persistence forecast, first using some simple hypothetical scenarios and second for actual forecasts from the Met Office Unified Model (UM) of precipitation, total cloud cover, and visibility during 2006. Overall persistence offers a sterner test of true forecast added value and accuracy, but using a more realistic reference may come at a cost. Using persistence introduces an additional degree of freedom to the skill assessment, which may be rather variable for “weather parameters.” Ultimately, the aim of any forecasting system should be to achieve a substantive separation between the inherent skill of the reference (which represents basic predictability) and the actual forecast.


2014 ◽  
Vol 2014 ◽  
pp. 1-12 ◽  
Author(s):  
Montserrat Guillén ◽  
Søren Fiig Jarner ◽  
Jens Perch Nielsen ◽  
Ana M. Pérez-Marín

The impact of administrative costs on the distribution of terminal wealth is approximated using a simple formula applicable to many investment situations. We show that the reduction in median returns attributable to administrative fees is usually at least twice the amount of the administrative costs charged for most investment funds, when considering a risk-adjustment correction over a reasonably long-term time horizon. The example we present covers a number of standard cases and can be applied to passive investments, mutual funds, and hedge funds. Our results show investors the potential losses they face in performance due to administrative costs.


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