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Generative artificial intelligence and learning: At the dawn of Idiocracy?
No full textInternational audienceIn this article, we reflect on the dark side of generative artificial intelligence. We identify several concerns associated with generative artificial intelligence in relation to knowledge processing and developing understanding, including misalignment between the artificial intelligence’s intended and actual use, its rhetorical duplicity, risk of technical dependence, negative impact on creativity and contextual understanding, overall decreased knowledge quality, the production of ‘illusory truths’, artificial intelligence’s progressive encapsulation and its exponential proliferation. We call for reflection on its potential implications for management learning, as well as for learning more broadly
Supply and Demand shocks: the short-term and long-term drivers of oil price uncertainty
No full textInternational audienceWe empirically show the role of supply and demand shocks as drivers of short and long-run price uncertainty in the crude oil market. We first define oil price uncertainty as the purely unforecastable component of oil price fluctuations and show that uncertainty of the short-run oil price fluctuations is driven by oil supply shocks, while the uncertainty for medium and long-run forecast horizons is mainly caused by aggregate demand. While our findings on the impact of oil supply disruptions on oil price uncertainty are in line with the implications of the theory of storage, we do not find similar results for the medium and the long, whereby the global demand shocks are found to be the main driver for the increasing oil price uncertainty. Interestingly, we show that the recessionary effect of short and medium-horizon uncertainty shocks, we find that long-run oil price uncertainty shocks lead to expansions in global economic activity
Defying the Odds? Multiple disadvantage as a Source of Entrepreneurial Action
No full textInternational audiencePurpose The link between entrepreneurial intention and positive attitudes towards entrepreneurship for established and nascent entrepreneurs has been well documented in the extant literature, with the theory of planned behaviour (TPB) viewing entrepreneurial intention as a pre-requisite for entrepreneurial pursuit. Whilst scholars generally agree on these insights, little empirical evidence exists on how marginalised social groups can convert their intentions into action. This study aims to understand to what extent the elements of TPB, the attitudes towards entrepreneurship, self-efficacy and subjective norms, help explain the emergence of entrepreneurial activity amongst marginalised demographic groups. Design/methodology/approach This research focuses on unemployed women residing in social housing located in a deprived urban area of the United Kingdom to empirically examine how multiple layers of disadvantage faced by this group shape their motivations and intentions for entrepreneurial pursuit. A multi-source qualitative methodology was adopted, drawing upon inductive storytelling narratives and extensive fieldwork on a sample of unemployed ethnic minority women residing in social housing in a deprived urban area of the United Kingdom. Community organisation representatives and housing association employees within the social housing system were included to assess the interpretive capacity of TPB. Findings The findings display that TPB illuminates why and how marginalised groups engage in entrepreneurship. Critically, women’s entrepreneurial intentions emerge as a result of their experiences of multiple layers of disadvantage, their positionality and the specificity of few resources they can activate from their disadvantageous position for entrepreneurial activity. Originality/value By illuminating the linkages between marginalised women’s positionality and their associated access to the limited pool of resources using the TPB lens, this study contributes to emerging works on disadvantaged populations and entrepreneurial intention-action debate. This work posits that despite facing significant additional challenges through their positionality and reduced ability to mobilise resources, women in social housing can defy the odds and develop ways to overcome limited capacity and structural disadvantage
Mergers, Firm Size, and Volatility in a Granular Economy
No full textInternational audienceWe study the firm dynamics associated with mergers and acquisitions (M&A) and their implications at the micro and macro levels. Our paper presents three main findings: (i) mergers generate a more fat-tailed firm-size distribution, thereby amplifying granular fluctuations and increasing aggregate volatility; (ii) the impact of mergers depends on strategic market power and endogenous markups; and (iii) under endogenous markups, we provide a novel characterization of the firm size-volatility relationship in which volatility declines disproportionately with size. We build a quantitative model of domestic horizontal mergers and find a sizeable impact of mergers on aggregate volatility using counterfactual analysis
Does climate risk vulnerability affect the value of excess cash? International evidence
No full textInternational audienceAbstract In this paper, we investigate the impact of climate risk on the value of excess cash. Based on an international sample of 6468 firm-year observations from 2010 to 2019, the results show that climate risk vulnerability positively affects the value of excess cash. This suggests that investors may consider firms with excess cash to be better positioned to challenge extreme weather events by using cash reserves to cover up expenses and maintain operations. This positive effect is more pronounced for firms operating in countries with strong investor protection, for those with strong governance quality, and for those with high corporate social responsibility performance. However, it is less accentuated in the presence of financial constraints. Overall, our findings have significant practical implications for decision-makers, investors, and policymakers.https://doi.org/10.1002/ijfe.303
Business Models for Strong Circularity—The Role of Informative Policy Instruments Promoting Repair
No full textInternational audienceTo promote the circular economy and change unsustainable business practices, policymakers are increasingly implementing novel policy instruments. Fostering repair is increasingly seen as a concrete strategy towards strong circularity, involving disruptive business model (BM) transformations. This study explores the impact of the recently implemented mandatory repairability index in France on BMs, utilizing a case study methodology with an embedded design. Our findings reveal 19 emerging company practices that affect all main BM dimensions. We identify three ways retailers and manufacturers adopt the index to shift towards repair‐oriented BMs. While the literature on the interplay between public policies and circular BMs has mainly focused on command‐and‐control policies for circular economy strategies other than repair, we show how an informative policy instrument transcends its role as mere consumer information. Instead, it emerges as a versatile management tool, facilitating the adoption or up scaling of diverse repair activities. However, informative instruments do not ensure widespread diffusion of repair‐based BMs. Instead, we emphasize the imperative of promoting repair through a comprehensive and evolving policy mix
Transitioning to Sustainability: Dynamic Spillovers Between Sustainability Indices and Chinese Stock Market
No full textInternational audiencehttps://doi.org/10.1111/eufm.1256
Editorial: 4th International Colloquium for Research and Action on Academic Integrity: How to Implement a Culture of Integrity in Higher Education Institutions?
No full textInternational audienc
Consumer well-being: a systematic literature review and future research directions
No full textInternational audiencePurposeConsumer well-being (CWB) is a flourishing area of research. It is an important field of study for the Sustainable Development Goals (SDGs), particularly SDG-3 (Good Health and Well-Being). However, despite some recent reviews, there is a lack of a comprehensive overview of the broad themes emerging in the CWB literature. The study aims to thoroughly integrate and organize the fragmented existing literature on CWB by uncovering its emergent themes and their impact.Design/methodology/approachTo address this gap, this study presents a systematic literature review (SLR) of 166 peer-reviewed journal articles from 2013–2023 following the Scientific Procedures and Rationales for Systematic Literature Reviews protocol from the Scopus and Web of Science databases.FindingsThis study’s SLR uncovered seven themes: subjective well-being; psychological well-being; food well-being; financial well-being; environmental well-being; social well-being; and societal well-being. Further, this study identifies that these themes impact consumers on three levels: micro, meso and macro. Thus, this study provides a comprehensive overview of the emergent themes along the levels of impact.Research limitations/implicationsThis paper anticipates that the study, which is a thorough overview of the CWB literature, will provide managers, academics and students with an introduction to the topic.Originality/valueTo the best of the authors’ knowledge, this is one of the first articles that shows the themes of the CWB literature along the respective levels of impact and draws avenues for future research
Neurodiversity at Work: Challenges and Opportunities for Human Resource Management
No full textInternational audienceABSTRACT Neurodiversity—an umbrella term encompassing a range of neurocognitive developmental conditions such as autism‐spectrum conditions, attention deficit and hyperactivity disorders (e.g., dyslexia, dysgraphia, dyspraxia, dyscalculia, and Tourette syndrome)—recognizes neurological differences as natural variations of the human brain. As management scholars increasingly explore this dimension of diversity, both researchers and practitioners are gaining a deeper understanding of the valuable contributions neurodivergent human capital can bring to the modern workplace. In this article, which serves as a primer for the special issue on neurodiversity and human resource management (HRM), we present a systematic review of the neurodiversity literature organized by employee lifecycle stage. The review synthesizes the most comprehensive practices at the intersection of neurodiversity and HRM. We then introduce the 13 articles featured in the special issue by positioning them within broader trends that emerged from our review. Moreover, we show how each article advances scholarship and practice in neurodiversity and HRM. We conclude by drawing on insights from both the review and the special issue contributions to offer recommendations for future research and practice that center on fostering more inclusive and effective HRM systems for neurodivergent individuals