Search results for "MARKET"

The Psychological Foundations of Management in Family Firms: Emotions, Memories, and Experiences

2021

Exploring the psychological foundations of management in family firms is necessary to understand why they formulate and implement strategies differently from nonfamily firms, and why and how family firm behavior varies across different family firms. Picone et al. (2021. The psychological foundations of management in family firms: Values, biases, and heuristics. Family Business Review, 34(1), 12-32) have proposed a conceptual framework for the psychological foundations of management in family business, examining how the values, biases, and heuristics of family firm members affect strategic decision-making and family firm outcomes. Drawing on this framework, we examine emotions, memories, an…

Preferencias respecto a métodos instruccionales de los estudiantes universitarios de nuevo acceso y su relación con estilos de aprendizaje y estrateg…

2017

Introducción. El objetivo principal de este estudio es analizar las dimensiones que subyacen a las preferencias respecto a distintos métodos instruccionales de los estudiantes universitarios de nuevo acceso y su relación con sus estilos de aprendizaje y estrategias motivacionales.Método. La muestra está compuesta por 158 estudiantes de primer año de Magisterio de la Universidad de Valencia (España). El estilo de aprendizaje fue evaluado a través del Inventory of Learning Processes, la orientación motivacional a través del Motivated Strategies for Learning Questionnaire y las preferencias respecto a métodos instruccionales a través de una escala específicamente diseñada para este trabajo.Res…

Economic Socialization: Childhood, Adolescence, and Early Adulthood

2017

Analysis of Factors Influencing the Dynamics of Labor Emigration: Case-Study of Ukraine

2020

This article analyzes the results of foreign and domestic scientists in the field of labor migration and the factors of this phenomenon. Based on previous researches, factors have been grouped into four main categories, which include all areas of life of existing and potential migrants, such as economic and political, social and climatic. Labor migration is constantly growing. Thus, according to the UN estimates, the number of migrant workers in the world in 2019 amounted to 272 million people, ie 3.5 % of the population, compared to 2010, the figure increased by 56.25 %. Such significant migration movements lead to a global imbalance in the labor market. This proves that the study of this …

Emotion Tracking

2020

Previous literature has examined the significance of emotional consumer experiences increasingly pursued by consumers. However, the current knowledge of emotional responses in real-time and real-world consumption settings is still limited. Emotions have previously been measured with observation, self-report, and physiological methods. Digitalization and technological development have, however, advanced these methods as individuals now engage in various self-tracking practices. The chapter introduces emotion tracking as an additional means for measuring emotions. One application, the Emotion Tracker®, was tested by students (n=19) who tracked their emotions (n=617) related to various consume…

Social Value Co-Creation

2017

Societal demands and consumer patterns have changed: there is a need of elaborating on new concepts and mindsets in understanding stakeholder engagement in relation to Corporate Social Responsibility (CSR) in a way that can challenge the traditional ways of thinking and provide a basis for benefits to all stakeholders. Theoretically, this chapter provides a unique and fresh perspective to the concept of CSR, as it aims at applying, within the Service-Dominant (S-D) logic mindset, the value co-creation happening within a social setting. It adds backing through an empirical study taken mixed qualitative approach in effort to establish a concrete foundation for the interpretation of insights t…

Do Price Barriers Exist in the European Carbon Market?

2017

ABSTRACTIt is generally thought that psychological prices in markets primarily traded by professional participants should play a limited role. The authors investigate the existence of key reference points in the European Carbon Market, which can be considered as a market with highly qualified stakeholders. They document the presence of key levels and barrier bands around European Union Allowances (EUA) prices. It appears that traders tend to consider these price levels as resistances in upward movements and as supports in downward movements. Furthermore, the authors have observed that the existence of price barriers affects both return and volume dynamics. Therefore, the results indicate th…

A Dynamic Analysis of S&P 500, FTSE 100 and EURO STOXX 50 Indices Under Different Exchange Rates

2017

The persistence analysis of short- and long-term interaction and causality in the international financial markets is a key issue for policy makers and portfolio investors. This paper assesses the dynamic evolution of short-term correlation, long-term cointegration and Error Correction Model (hereafter referred to as ECM)-based long-term Granger causality between each pair of US, UK, and Eurozone stock markets over the period of 1980--2015 using the rolling-window technique. A comparative analysis of pairwise dynamic integration and causality of stock markets, measured in common and domestic currency terms, is conducted to evaluate comprehensively how exchange rate fluctuations affect the ti…

Early warning of systemic risk in global banking: eigen-pair R number for financial contagion and market price-based methods

2021

AbstractWe analyse systemic risk in the core global banking system using a new network-based spectral eigen-pair method, which treats network failure as a dynamical system stability problem. This is compared with market price-based Systemic Risk Indexes (SRIs), viz. Marginal Expected Shortfall (MES), Delta Conditional Value-at-Risk (Delta-CoVaR), and Conditional Capital Shortfall Measure of Systemic Risk (SRISK) in a cross-border setting. Unlike paradoxical market price based risk measures, which underestimate risk during periods of asset price booms, the eigen-pair method based on bilateral balance sheet data gives early-warning of instability in terms of the tipping point that is analogou…

Romanian Equity Investments and Currency Risk: A Euro-Based Perspective

2021

Abstract This paper assesses the benefits and risks of international investments made on the Romanian stock market, from the perspective of euro-based investors. We investigate the contribution of exchange rate volatility to the total risk of these investments over a period of nine years, between January 2011 and December 2019, by using monthly values for the exchange rate between the Romanian leu and Euro and monthly values of the Romanian stock index. Our findings indicate that, on average, Romanian leu depreciated against euro, causing currency losses for the euro-based investor, counterbalanced by the Romanian index mean return, higher than euro countries index mean return during the pe…