1,721,809 research outputs found

    How do institutional investors dictate corporate cash holdings in a financially constrained environment?

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    Institutional investors use voting power to influence firms’ financial decisions, such as their inclination towards large cash during heightened economic uncertainty and slack resource environment. This paper exploits agency theory and institutional channel in developing a theory-driven empirical apparatus to provide direct evidence that a country’s political climate is instrumental in determining the extent financial constraints are an effective moderating tool for negotiating an optimal contract between the power of institutional investors and firms’ cash holdings. In our empirical narrative we assert the punctuating role of legal frameworks on institutional investors’ actual influences on firms’ financial decision making. By using a sample of 30000 firms from selected emerging and developed economies over a period of two decades, a suit of endogeneity-mitigated dynamic panel regressions helps elicit a strong negative relationship between institutional ownership and corporate cash holdings. Our results indicate that institutional investors motivate firms to downsize excess cash. Furthermore, we document that financially constrained firms tend to hold more cash in both emerging and developed countries whereas firms in common law countries (both developed and emerging) prefer less cash as compared to firms in civil law countries.<br/

    Modeling the relationship between firm and user generated content and the stages of the marketing funnel

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    While research has successfully linked social media to separate customer metrics, an in-depth conceptual and empirical understanding of how social media affects the stages of the marketing funnel is currently lacking. We draw on extant theories of consumer information processing and source credibility to conceptually link and contrast the relationships between firm generated content (FGC) dimensions of neutral valence, positive valence and vividness, user generated content (UGC) dimensions of volume and valence and the marketing funnel stages of awareness, consideration, purchase intent and satisfaction. Using daily aggregate brand-level data for 19 brands across seven industries, our analysis shows that UGC dimensions have a stronger relationship with awareness and satisfaction while FGC dimensions are more effective for consideration and purchase intent. Specifically, we observe that FGC vividness has the strongest relationship with consideration and purchase intent, while UGC valence dominates UGC volume for these stages. Our results also show that brands with higher corporate reputation have stronger relationships between dimensions of FGC and the marketing funnel stages. Findings by consumption category show that UGC and FGC dimensions have larger positive relationships with awareness for durables and non-durables, and with consideration, purchase intent, and satisfaction for services. Thus, overall, our study offers critical managerial insights into social media marketing regarding how to leverage both FGC and UGC in managing the marketing funnel and brand reputation

    Fig. 1 in Limonoid biosynthesis 3: Functional characterization of crucial genes involved in neem limonoid biosynthesis

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    Fig. 1. Limonoid biosynthesis in neem. Tirucalla-7,24-dien-3β-ol involves in neem limonoid biosynthesis.Published as part of &lt;i&gt;Pandreka, Avinash, Chaya, Patil S., Kumar, Ashish, Aarthy, Thiagarayaselvam, Mulani, Fayaj A., Bhagyashree, Date D., B, Shilpashree H., Jennifer, Cheruvathur, Ponnusamy, Sudha, Nagegowda, Dinesh &amp; Thulasiram, Hirekodathakallu V., 2021, Limonoid biosynthesis 3: Functional characterization of crucial genes involved in neem limonoid biosynthesis, pp. 1-12 in Phytochemistry (112669) 184&lt;/i&gt; on page 2, DOI: 10.1016/j.phytochem.2021.112669, &lt;a href="http://zenodo.org/record/10126978"&gt;http://zenodo.org/record/10126978&lt;/a&gt

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Variations on the Author

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    “Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship

    Nadzieje na powrót turystyki w Indiach po pandemii

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    In post-pandemic India the recovery in tourism has become known as ‘revenge’ meaning revenge on the disease. It is tourism due to the desperation to travel, especially in the current scenario in which those who have been confined to their homes have grown tired of being trapped there. The restless mood caused by the ongoing pandemic reached its peak and it is possible that this will eventually help in bringing back a rapid return to tourism. To analyze the travel intentions of potential tourists after the current pandemic ends, an attempt has been made to make an analysis of tourism in India to find out how Covid-19 is impacting on people’s lives and how willing they are to participate in tourism again.W Indiach po złagodzeniu długotrwałych obostrzeń pandemicznych zaobserwowano zjawisko odradzania się podróżowania, znane pod nazwą turystyki zemsty (ang. revange tourism), traktowanej jako szczególny odwet na chorobie. Obserwowana dzisiaj potrzeba podróżowania wynika z desperackiej chęci odreagowania poczucia zmęczenia i uwięzienia we własnych domach. Niepokój wywołany pandemią osiągnął apogeum i możliwe jest, że przyczyni się do wznowienia ruchu turystycznego. W celu przeanalizowania intencji potencjalnych podróżnych podjęto próbę zbadania branży turystycznej w Indiach pod kątem wpływu COVID-19 na życie ludzi i ich chęci ponownego udziału w turystyce

    Appropriate Similarity Measures for Author Cocitation Analysis

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    We provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
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