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Right Information at the Right Time: Time Value of Information Characteristics for Environmental Technology Adoption
No full textWe examine empirically how different information types and information channels affect both the intention and the decision to adopt photovoltaic (PV) technology as affected by adoption stage. Analyzing data on a large European utility’s current and potential clients reveals how the effects of various drivers of adoption can change across phases of the adoption process. Our results challenge the common wisdom that information necessarily and homogeneously supports innovation adoption; instead, they strongly support the hypothesis that information types and channels have distinct effects on adoption rates. These results also highlight that, throughout the adoption process, the value of information changes. In addition, we clarify the effects of economic incentives on both the intention to adopt PV technology and actual adoption behavior. Our findings have critical implications for policy makers and for any technology manufacturing company that must optimize its marketing strategy and distribution channels to promote renewable energy systems
Inventory Management, Dealers' Connections, and Prices in OTC Markets
No full textWe propose a new model of interdealer trading. Dealers trade together to reduce their inventory holding costs. Core dealers share these costs efficiently and provide liquidity to peripheral dealers, who have heterogeneous access to core dealers. We derive predictions about the effects of peripheral dealers’ connectedness to core dealers and the allocation of aggregate inventories between core and peripheral dealers on the distribution of interdealer prices, the efficiency of interdealer trades, and trading costs for the dealers’ clients. For instance, the dispersion of interdealer prices is higher when fewer peripheral dealers are connected to core dealers or when their aggregate inventory is higher
An Integrative Model of the Influence of Parental and Peer Support on Consumer Ethical Beliefs: The Mediating Role of Self-Esteem, Power, and Materialism
No full textWhat causes adolescents to develop consumer' ethical beliefs? Prior research has largely focused on the negative influence of peers and negative patterns of parent-child interactions to explain risky and unethical consumer behaviors. We take a different perspective by focusing on the positive support of parents and peers in adolescent social development. An integrative model is developed that links parental and peer support with adolescents' self-worth motives, their materialistic tendencies, and their consumer ethical beliefs. In a study of 984 adolescents, we demonstrate support for a sequential mediation model in which peer and parental support is positively related to adolescents' self-esteem and feelings of power, which are each associated with decreased materialism as a means of compensating for low self-worth. This reduced materialism is, in turn, associated with more ethical consumer beliefs
Combining Probability with Qualitative Degree-of-Certainty Metrics in Assessment
No full textReports of the Intergovernmental Panel on Climate Change (IPCC) employ an evolving framework of calibrated language for assessing and communicating degrees of certainty in findings. A persistent challenge for this framework has been ambiguity in the relationship between multiple degree-of-certainty metrics. We aim to clarify the relationship between the likelihood and confidence metrics used in the Fifth Assessment Report (2013), with benefits for mathematical consistency among multiple findings and for usability in downstream modeling and decision analysis. We discuss how our proposal meshes with current and proposed practice in IPCC uncertainty assessment
Éditorial. Management et innovations pédagogiques : un nouvel axe de recherche pour les enseignants-chercheurs en GRH
No full textInternational audienceLes évolutions technologique, numérique et démographique nous obligent aujourd’hui à « disrupter » au sein de notre monde académique !L’arrivée d’étudiants d’une génération qualifiée de « Y », usagers dès l’enfance des outils numériques et des réseaux sociaux ainsi que l’innovation accélérée dans le domaine du numérique imposent de questionner les modes et les méthodes de transfert et de construction des savoirs, des savoir-faire et des savoir-être. Au-delà du monde économique et de l’entreprise, l’enseignement supérieur (rapport du World Economic Forum et BCG, 2016 ; Weise & Christensen, 2014) et le secteur de la formation continue (rapport Germinet, 2015) sont donc contraints de se transformer pour attirer et fidéliser des publics de formation initiale et continue dont les comportements et les attentes ont profondément changé (Dudezert & Boughzala, 2018). Tout enseignant-chercheur expérimenté partage ce constat récent de concentration limitée des apprenants, de leur vérification instantanée de la connaissance transmise, de leurs attentes de modes d’apprentissage mobiles et partagés (learning by doing, gamification, travail collaboratif etc., Dejoux & Leon, 2016). Si tous les domaines du savoir sont concernés par ces évolutions, celui du management est particulièrement impacté. La définition, le contenu, les modes et l’intérêt de la transmission des connaissances en management sont en effet questionnés depuis de nombreuses années, amenant ainsi à des remises en cause récurrentes et des évolutions nécessaires
La gestion de la performance : une technologie américaine dans une entreprise multinationale française implantée en Chine
No full textThe present dissertation examines the entanglement of the social and material in Multinational Enterprises during the transnational transfer of Human Resource Management Practices, especially Performance Management Practices. Using 4 local Chinese entities of a transnational firm as my case study, I explore how local employees make Performance Management practices their own, both internalizing global practices and innovating to adapt to local environments. This research is based on 60 interviews, secondary materials and direct observations over more than 10 years. In the first chapter of this dissertation, I explore more specifically the adoption of Human Resource Management practices at the micro level, and I identify four archetypes of the adoption of Human Resource Management practices: formal, ceremonial, deviant and innovative. In the second chapter, I focus on the adoption of Performance Management practices in Multinational Enterprises at a meso level. Drawing on sociomaterial theory, I propose a new definition ofhybridization as being a process by which unique practices emerge in local subsidiaries from the entanglement of the social and the material at Headquarters and in local subsidiaries. This definition allowed me to identify two new hybrid performance management practices in the four Chinese entities of the Multinational Enterprises under investigation, which I have called the “harmonious Confucian” Performance Management practice and the “harmonious instrumental” Performance Management practice. In the third chapter, I build on the results of the two previous empirical chapters to conceptualize an integrated multilevel model for the transnational transfer of Human Resource Management practices in Multinational Enterprises by expanding another central concept to sociomaterial theory: the notion of “apparatus”. This dissertation aims therefore at contributing both to International Human Resources Management literature and to the literature of the sociology of management tools.Cette thèse examine l’imbrication du social et du matériel dans les entreprises multinationales, lors du transfert transnational des pratiques de gestion des ressources humaines, et plus particulièrement le transfert des pratiques de gestion de la performance. En me basant sur l’étude de quatre entités chinoises locales d’une entreprise transnationale comme cadre de mon étude de cas, j’explore comment les salariés locaux s’approprient les pratiques de gestion de la performance en internalisation les pratiques globales et en innovant pour les adapter à leur environnement local. Cette étude se fonde sur 60 entretiens, des données secondaires et des observations collectées sur plus de dix ans. Dans la première partie de cette thèse j’explore plus particulièrement l’appropriation des pratiques de gestion des ressources humaines au niveau micro et j’identifie quatre archétypes de l’appropriation des pratiques de gestion des ressources humaines : formelle, cérémoniale, déviante et innovante. Dans la deuxième partie de cette thèse, je me concentre sur l’appropriation des pratiques de gestion des ressources humaines au niveau meso. En me fondant sur la théorie de la Sociomatérialité, je propose une nouvelle définition de l’hybridation comme le processus par lequel des pratiques uniques émergent dans des filiales locales à partir de l’imbrication du social et du matériel entre le siège et les filiales locales des entreprises multinationales. Cette définition me permet d’identifier deux nouvelles formes de gestion de la performance dans les quatre entités de l’entreprise multinationale étudiée que j’ai appelées la pratique harmonieuse confucéenne de gestion de la performance et la pratique harmonieuse instrumentale de gestion de la performance. Dans le troisième chapitre, je me base sur les résultats empiriques des deux chapitres précédents pour conceptualiser un modèle multiniveau intégré du transfert transnational des pratiques de gestion des ressources humaines, en développant un autre concept central de la théorie de la Sociomatérialité: la notion de « dispositif ». Cette thèse a ainsi pour objectif de contribuer à la fois à la littérature en gestion internationale des ressources humaines et à la littérature sur la sociologie des outils de gestion
Chemins et modèles de réussite des acquéreurs dans les fusions et les acquisitions
No full textFinancial implications for buyers in mergers and acquisitions (M&A) have been a topic of fascination with academics and practitioners for decades. Despite extensive business research dedicated toward investigating whether and how acquirers perform financially in the short and long terms following M&A, so far, the clarity of our understanding about these issues remains elusive. This doctoral thesis seeks to bring more clarity to these questions by examining complex interactions among several key aspects of M&A. Chapter 1 investigates how acquirer experience influences long-term performance through key pre- and post-transaction decisions and how such indirect influence differs in domestic and cross-border contexts. Chapter 2 explores the configurations of deal and acquirer characteristics as well as acquirer corporate governance mechanisms corresponding to positive acquirer cumulative abnormal returns (CAR). Chapter 3 investigates the interactive effects among host countries’ formal institutions, acquirer characteristics and corporate governance mechanisms on acquirer CAR. Finally, Chapter 4 examines the influence of business news reports on acquirer CAR.Les implications financières pour les acheteurs dans les fusions et acquisitions (F & A) ont été un sujet de fascination pour les chercheurs et les praticiens pendant des décennies. Malgré des recherches académique et commerciales approfondies visant à déterminer si et comment les acquéreurs obtiennent des résultats financiers à court et à long terme à la suite des fusions et acquisitions, la clarté de notre compréhension de ces questions demeure difficile à déterminer. Cette thèse de doctorat cherche à apporter plus de clarté à ces questions en examinant les interactions complexes entre plusieurs aspects clés des fusions et acquisitions. Le chapitre 1 examine comment l’expérience des acquéreurs influe sur le rendement à long terme au moyen de décisions clés avant et après la transaction et comment cette influence indirecte diffère dans les contextes nationaux et transfrontaliers. Le chapitre 2 explore les configurations des caractéristiques des transactions et des acquéreurs ainsi que les mécanismes de gouvernance d’entreprise des acquéreurs correspondant aux rendements anormaux cumulés des acquéreurs positifs (CAR). Le chapitre 3 étudie les effets interactifs entre les institutions formelles des pays d’accueil, les caractéristiques des acquéreurs et les mécanismes de gouvernance d’entreprise de l’acquéreur CAR. Enfin, le chapitre 4 examine l’influence des reportages d’affaires sur l’acquéreur CAR
Les alliances maritimes, filles de la mondialisation et d'une gestation par antitrust
No full textInternational audienc
Beyond Consultations: Reimagining European Participatory Democracy
No full textThis paper provides a critical assessment of the realities of EU participatory democracy and offers a set of innovative democratic innovations capable of making the Union more responsive to public input. It argues that today’s limited effectiveness of citizen participation to EU decision-making is due to the design, nature and practice of those instruments more than to the inherent inability of citizens to participate. As such, it concludes, the democratizing potential of the EU participatory tool-box remains not only fundamentally misaligned with societal participatory expectations, but also largely untapped.The paper suggests that the time has come for the EU to create an enabling and collaborative political environment fostering citizen participation beyond elections. Such a space may give birth to alternative, unconventional forms of participation capable of channeling citizens’ pluralistic and increasingly chaotic input into the political conversation to bring citizens closer to our representatives and, moreover, doing so in-between elections and across countries. Thus, for instance, by centralising all public input in a one-stop-shop entailing the participation of all EU institutions, a European Question Time might crystallise and eventually connect the daily realities of Europeans with the day-to-day operation of their institutions. A European Democratic Jury of randomly selected citizens from all over the Union could further contribute to such an objective by ‘humanising’ the EU decision-making.While this participatory framework would not magically fix the European accountability deficit, it may compensate for that by making the system responsive to citizen-driven agenda-setting and monitoring and eventually making it more intelligible and accessible to the many
Better Regulation: Holding the European Commission Accountable?
No full textThis article examines what difference – if any – the renewed EU Better Regulation Agenda has made for the EU Commission in terms of its own accountability and policy outcomes. Emboldened by the Spitzenkandidaten process – which established for the first time a link between the outcome of the EU elections and the presidency of the EU Commission –, the Juncker Commission emerged as the most political yet. To shrug off the label of technocratic institution – historically insulated from citizens’ preferences –, the new Commission asked EU citizens to judge its operation by its ability ‘to deliver solutions to the big issues that cannot be addressed by the Member States alone’. By embracing such a panem et circenses approach to EU democracy – as such not too dissimilar from the Santer’s and Barroso’s previous administrations – the Juncker Commission raised new expectations. This is true not only in terms of output legitimacy – which was meant to become the privileged benchmark against which to measure the Commission’s success –, but also in terms of its own democratic and political accountability vis-à-vis EU citizens. Indeed, although unintelligible to the many, the Spitzenkandidaten logic entails that EU citizens contributed for the first time with their vote to shape the political orientation of this Commission and – as a result – could hold it accountable. While the very notion of political accountability is foreign to the EU constitutional setting – as citizens don’t have the possibility to replace the Commission if this does not meet their hopes –, the Juncker Commission has strived to frame its mandate as if such an oversight existed. This article concludes that at the very same time the Juncker Commission has been striving to develop its own, autonomous democratic credentials, its choice to embrace a set of well-defined institutional mechanisms that reward expert judgment over political adjudication appears at odds with its newly-acquired political nature