Research Celebration Report 2023 by University of Lethbridge

RESEARCH CELEBRATION

REPORT

2023 IN REVIEW

MESSAGE FROM THE DEAN’S OFFICE

2023 continues the success in research of Dhillon School of Business faculty. Our work is represented in peer-reviewed national and international conferences, journals, and books, with contributions to knowledge in accounting, finance, human resources, organizational behaviour, strategy and management, marketing, and international management. Some specific areas of contribution include competitive advantage, real estate investment trusts, public sector corruption, Covid, leadership, border violence, entrepreneurship, lender monitoring, investor judgment, mindfulness, branding, and social networks.

Our colleagues also go beyond contributions in business and management, with contributions to other disciplines such as psychology, health, artificial intelligence, and education.

We are very pleased to share these accomplishments with you, and look forward to future contributions and discoveries from the Dhillon School of Business research community. If you are interested in learning more about our research or exploring collaborations with your organization, please contact dhillon.dean@uleth.ca

Kerry Godfrey Dean

Carla Carnaghan Associate Dean

JOURNAL ARTICLE PUBLICATIONS

George Gonzalez

POLICY FORUM: SUBNATIONAL TAXATION

Brazil and Canada are among the 25 or so countries with a federal form of government, and two of only a few countries that grant taxation powers to their subnational governments. In addition to federalism, two other key similarities between Brazil and Canada are the size of their gross domestic product and their geographical scale. This article compares the countries’ tax structures and describes Brazil’s subnational taxations system, including its state and municipal subnational taxes.

Full citation: Gonzalez, G. (2023). Policy forum: Subnational taxation—A comparison of the tax systems of Brazil and Canada. Canadian Tax Journal, 71(3), 813-824.

James Smith

CAN INVESTORS ADJUST FOR MANAGERIAL BIAS?

Financial information from firms often contains biased information. In this study, we posit and experimentally test the idea that investors will have difficulty in unraveling known biases in management’s earnings forecasts but will be most likely to fully adjust when the information about bias is in quantitative, EPS form and the investor’s judgment is compatible with that bias information (also in quantitative, EPS form). Results from three experiments suggest that indeed quantification and compatibility are beneficial for unraveling managerial bias, but even under these conditions not all investors are able to unravel. We also show that this result is robust to several moderator variables that capture factors that are commonly found in the management earnings forecast setting. Our study has implications for firm managers, regulators, and investors.

Full citation: Smith, J., & Koonce, L. (2023). Can Investors adjust for managerial bias?. Journal of Behavioral Finance, 24(1), 41-55.

James Smith

THE

CHATGPT

ARTIFICIAL INTELLIGENCE CHATBOT: HOW WELL DOES IT

ANSWER ACCOUNTING ASSESSMENT QUESTIONS?

ChatGPT, a language-learning model chatbot, has garnered considerable attention for its ability to respond to users’ questions. Using data from 14 countries and 186 institutions, we compare ChatGPT and student performance for 28,085 questions from accounting assessments and textbook test banks. As of January 2023, ChatGPT provides correct answers for 56.5 percent of questions and partially correct answers for an additional 9.4 percent of questions. When considering point values for questions, students significantly outperform ChatGPT with a 76.7 percent average on assessments compared to 47.5 percent for ChatGPT if no partial credit is awarded and 56.5 percent if partial credit is awarded. Still, ChatGPT performs better than the student average for 15.8 percent of assessments when we include partial credit. We provide evidence of how ChatGPT performs on different question types, accounting topics, class levels, open/closed assessments, and test bank questions. We also discuss implications for accounting education and research.

Full citation: Wood, D. A., Achhpilia, M. P., Adams, M. T., Aghazadeh, S., Akinyele, K., Akpan, M., ... & Kuruppu, C. (2023). The ChatGPT artificial intelligence chatbot: How well does it answer accounting assessment questions?. Issues in Accounting Education, 38(4), 81-108.

Ebenezer (Ben) Asem

UNDERSTANDING THE PRICE REACTION TO LARGE DIVIDEND INCREASES

Recent studies report muted price reactions to large dividend increases, attributing the phenomenon to the fact that these events are part of volatile dividend streams and are followed by dividend cuts. I find that the price also reacts slower to large dividend increases, suggesting the price effects of these events are more uncertain than small dividend increases. Further analysis shows that large dividend increases display some persistence and this offsets the effects of subsequent dividend cuts on future dividends. These results are more consistent with the muted price reaction arising from market concerns about dividend volatility than subsequent dividend cuts.

Full citation: Asem, E. (2023). Understanding the price reaction to large dividend increases.

Finance Research Letters, 54, 103802

WHO USES

ROBO-ADVISING

AND HOW?

Using propriety data from a large Indian robo-advisory firm, we show that users of robo-advisory services are relatively young, predominantly male, married, small investors, and professionals. We show that the majority of small retail investors utilize a systematic investment plan (SIP). Additionally, we document that there are differences in demographic characteristics, occupation, and geographic location of investors in utilizing SIP versus one-time lump sum investments. Furthermore, we find that daily user account creation increases during periods of high market volatility.

Full citation: Baulkaran, V., & Jain, P. (2023). Who uses robo-advising and how?. Financial Review, 58(1), 65-89. Vishaal Baulkaran

Vishaal Baulkaran

CDS CONTRACT INITIATIONS: REIT BOARD MONITORING AND CORPORATE DECISION OUTCOMES

In this article, we investigate whether the negative creditor governance shock due to the initiation of credit default swap (CDS) contracts results in monitoring substitution effects between bondholders and shareholders. Using several mechanisms to test increased shareholder monitoring such as board structure, CEO–chair duality, and institutional ownership, we show that shareholder monitoring increases post-CDS contract initiation. We examine board decision outcomes and show that incentive compensation is higher for real estate investment trusts (REITs) post-CDS initiation. Furthermore, we find that post-CDS initiation, REITs undertake more acquisitions that are more likely to be paid for with stocks and take longer to complete than non-REITs. Finally, we find that REITs industry-adjusted cash holdings and dividend yield increases post-CDS initiation.

Full citation: Baulkaran, V., & Jain, P. (2023). CDS contract initiations: REIT board monitoring and corporate decision outcomes. Journal of Financial Research, 46(1), 217-246.

COVID-19, HOME EQUITY AND RETIREMENT FUNDING

Covid-19 affected all aspects of life from health to the economy, housing, remote working and work-life balance. We investigate the impact of Covid-19 on using home equity to fund retirement income. We show that financial planners believe that Covid-19 positively influenced their clients’ willingness to utilize home equity products to fund retirement income, in particular, sell and downsize and HELOC options. Covid-19 had a significant impact (positive and negative) on retirement income, retirement planning and living standard. Further, financial planners experienced an increase in meeting frequency with clients.

Full citation: Baulkaran, V., & Jain, P. (2023). COVID-19, home equity and retirement funding. Finance Research Letters, 58, 104390

MODELING PUBLIC SECTOR CORRUPTION AND THE INSTITUTIONAL ENVIRONMENT IN EMERGING ECONOMIES: AN INSTITUTIONAL THEORY VIEW

This paper models and empirically explores the institutional environment in emerging economies concerning public sector corruption. Employing perspectives from institutional theory, the paper develops strategies for reducing the perceived level of corruption by assessing the interaction between regulatory, cognitive, and normative institutional elements. We find that the regulatory, institutional elements, the legal system, and business, and professional associations have a positive linear relationship with reduced perceived level of corruption. In contrast, the freedom of the media does not have a linear relationship with the perceived level of corruption and serves as a moderator. Finally, the interaction effect between the legal system and the media is stronger than the interaction effect between the media and business and professional associations.

Full citation: Bhattacharyay, M., Wang, F., & Jiao, F. (2023). Modeling public sector corruption and the institutional environment in emerging economies: An institutional theory view. The Journal of Applied Business and Economics, 25(2), 225-242

PRIVATE INFORMATION DISCLOSURE IN THE SECONDARY LOAN MARKET AND ITS IMPACT ON EQUITY MARKET TRADING COSTS

When a firm’s loans are first traded in the secondary market, private information about the firm is disclosed to a select group of large investors, so-called qualified institutional buyers (QIBs). We document a significant information effect that benefits these buyers in the firm’s market for equity, in particular, a significant impact on equity market investors and the firm’s stock bid-ask spreads, which benefits informed QIBs relative to retail investors. This informational benefit raises important regulatory issues related to disclosure and SEC regulations.

Full citation: Saunders, A., Shao, P., & Xiao Y. (2023), Private information disclosure in the secondary loan market and its impact on equity market trading costs, Journal of Financial Markets, In press

Feng Jiao

Pei Shao

INVESTOR DIVERSITY AND LIQUIDITY IN THE SECONDARY LOAN MARKET

We find strong evidence that investor diversity is beneficial to loan liquidity: More diverse syndicates, as measured by the number of investor-types or the concentration of loan shares by investor-type, hold loans that have lower quoted bid-ask spreads in the secondary market. These results are robust, and do not appear to be driven by investors’ borrower/loan selection. Further, they are not driven by the presence of any particular type of investors. Our findings are consistent with Goldstein and Yang (J Financ 70:1723–1765 ) insight that there is a strategic complementarity between different groups in trading on their information and producing information.

Full citation: Santos, J. A., & Shao, P. (2023). Investor diversity and liquidity in the secondary loan market. Journal of Financial Services Research, 63(3), 249-272.

THE GOVERNANCE ROLE OF LENDER MONITORING: EVIDENCE FROM BORROWERS’

TAX PLANNING

We posit that lender monitoring increases the general outcomes of borrowers’ tax avoidance while reducing opportunistic tax aggressive behaviors. We identify four lender related monitoring measures that could affect borrowers’ tax planning. We find firms with a larger portion of loan shares held by lead lenders, with loans led by reputable lenders, and with a single lending relationship to have more tax avoidance and less tax aggressiveness, and firms with loan sales that weaken lenders’ monitoring incentives to have less tax avoidance and more tax aggressiveness. We further find the lender monitoring effect on tax planning to be more pronounced for firms closer to financial distress and bankruptcy.

Full citation: Zhou, F., Shao, P., Xie, F., & Huang, J. (2023). The governance role of lender monitoring: Evidence from Borrowers’ tax planning. Advances in accounting, 63, 100679.

Pei Shao

BAYESIAN INVESTOR BELIEF UPDATING SPEED AND MARKET

UNDERREACTION TO EARNINGS ANNOUNCEMENTS

Building on the Bayesian Theorem, we propose a multi-period market microstructure model to understand how Bayesian investors underact new information and the duration of market underreaction. Applying the model to post-earningsannouncement drifts, our simulation and regression analyses show that the duration of the post-announcement price adjustment process and the post-announcement drifts can be explained by the new measure of belief updating speed that quantifies the uncertainties faced by Bayesian investors when incorporating new information into prices. Our study highlights the importance of incorporating the belief uncertainties of uninformed investors in explaining market underreaction in the Bayesian framework.

Full citation: Han, Y., Cui, X., Tian, G. Y., & Wang, P. (2023). Bayesian investor belief updating speed and market underreaction to earnings announcements. Australian Accounting Review, 33(1), 66-85.

Gloria Tian

ORGANIZATIONAL LEARNING THROUGH CHARACTER-BASED JUDGMENT

We introduce character into organizational learning by building theory about how strength of individual character enhances organizational learning and how unbalanced or weak character undermine organizational learning. Bringing character into organizational learning theory helps to elucidate the type of judgment (i.e. character-based judgment anchored in all dimensions of character) that is missing but required in organizational learning to resolve organizational learning dilemmas that have persisted in the field. In connecting character to organizational learning, we rely on the multi-level processes of the 4I framework of organizational learning as scaffolding to theoretically introduce the processes of character activation, character contagion, and character embeddedness and discuss how the different character configurations and processes enhance organizational learning across levels in an organization.

Full citation: Crossan, M. M., Nguyen, B., Sturm, R. E., Vera, D., Ruiz Pardo, A., & Maurer, C. C. (2023). Organizational learning through character-based judgment. Management Learning, 54 (5), 630-654

LEADER CHARACTER IN ENGINEERING PROJECTS: A CASE STUDY OF CHARACTER ACTIVATION, CONTAGION, AND EMBEDDEDNESS

Full citation: Crossan, M. M., Nguyen, B., Vera, D., Sturm, R. E., & Pardo, A. R. (2023). Leader character in engineering projects: A case study of character activation, contagion, and embeddedness. IEEE Transactions on Engineering Management

Brenda Nguyen

Mary Runte

2023 HRS/EHRA/APHRS/LAHRS EXPERT CONSENSUS STATEMENT ON PRACTICAL MANAGEMENT OF THE REMOTE DEVICE CLINIC

Remote monitoring is beneficial for the management of patients with cardiovascular implantable electronic devices by impacting morbidity and mortality. With increasing numbers of patients using remote monitoring, keeping up with higher volume of remote monitoring transmissions creates challenges for device clinic staff. This international multidisciplinary document is intended to guide cardiac electrophysiologists, allied professionals, and hospital administrators in managing remote monitoring clinics. This includes guidance for remote monitoring clinic staffing, appropriate clinic workflows, patient education, and alert management. This expert consensus statement also addresses other topics such as communication of transmission results, use of third-party resources, manufacturer responsibilities, and programming concerns. The goal is to provide evidence-based recommendations impacting all aspects of remote monitoring services. Gaps in current knowledge and guidance for future research directions are also identified.

Full citation: Ferrick, A. M., Raj, S. R., Deneke, T., Kojodjojo, P., Lopez-Cabanillas, N., Abe, H., ... & Varosy, P. D. (2023). 2023 HRS/ EHRA/APHRS/LAHRS expert consensus statement on practical management of the remote device clinic. Europace, 25(5), euad123

Anastasia

Stuart-Edwards

GOOD BEGETS GOOD? RECIPROCAL RELATIONSHIPS BETWEEN MINDFULNESS, APPROACH COPING, AND SUBJECTIVE VITALITY

Mindfulness has been linked to numerous positive outcomes, yet the mechanisms of these benefits and reciprocal relationships are not fully understood. Drawing on the broaden-and-build theory, this paper proposes that mindfulness will mobilize vitality, both directly and indirectly via the employment of approach coping strategies, which will enhance mindfulness and create an upward spiral. The results from weekly survey data demonstrate that (1) mindfulness predicts a variety of approach coping strategies, but only active coping and positive reframing mediate the relationship between mindfulness and vitality on a between-person level; and (2) vitality predicts mindfulness and the employment of several approach coping strategies. Providing evidence for an upward spiral involving mindfulness, approach coping, and vitality, these findings have implications for broaden-and-build theory and practice.

Full citation: Stuart-Edwards, A. (2023). Good begets good? Reciprocal relationships between mindfulness, approach coping, and subjective vitality. Personality and Individual Differences, 202, 111970.

Anastasia

Stuart-Edwards

TWENTY YEARS OF RESEARCH ON MINDFULNESS AT WORK: A STRUCTURED LITERATURE REVIEW

Over the last two decades, mindfulness has become increasingly mainstream in the workplace and has attracted significant scholarly attention. However, there lacks a comprehensive and updated review of mindfulness that identifies historical research trends and establishes the current state of knowledge. To address this gap, we conduct a structured review of 217 articles published in top management and psychology journals between 2003 and 2022. Our findings reveal an uneven development in mindfulness research by topic. For example, while substantial research has examined the associations between mindfulness and both job performance and health outcomes, few studies have considered which factors moderate these associations. We propose five areas for future research that will facilitate a deeper understanding of mindfulness at work: the associations between mindfulness and adaptive performance, the design of mindfulness interventions, the complex nature of mindfulness effects, team mindfulness, and the interactions between different levels of mindfulness.

Full citation: Stuart-Edwards, A., MacDonald, A., & Ansari, M. A. (2023). Twenty years of research on mindfulness at work: A structured literature review. Journal of Business Research, 169, 114285.

COERCIVE CITATION: UNDERSTANDING THE PROBLEM AND WORKING TOWARD A SOLUTION

Academic publishing has faced numerous ethical challenges, but reviewer coercive citation requests present an under-explored concern. Emphasis placed on citation counts creates a potential incentive for reviewers to request that the authors of the papers they review include citations to the reviewer’s work. Since citation counts often feature in hiring, tenure, and promotion decisions, as well as journal rankings, coerced citations have far-reaching implications. This study analyzes journals’ communication to reviewers regarding coercive citation requests, and conflict of interest in general. Editors of 205 major management/marketing journals responded to the survey, and 30 randomly selected journal websites were analyzed as well. The vast majority of journals did not discuss reviewer coercive citation requests or reviewer conflict of interest more generally, nor have any obvious processes to screen for them. We identify easily adoptable changes to review formats to address the problem and discuss relational issues within the reviewing system.

Full citation: Basil, D. Z., Burton, S., Soboleva, A., & Nesbit, P. (2023). Coercive Citation: Understanding the Problem and Working Toward a Solution. Academy of Management Perspectives, 37(3), 205-219

SOCIALLY CONSCIOUS CONSUMER BEHAVIOR: THE ROLE OF ETHICAL SELF-IDENTITY AND PRIMING

In this research we examine whether prompting individuals to consider their past environmental behaviours encourages them toward future environmentally friendly behaviours, using an experimental design approach. We also examine whether having an ethical self-identity (ESI) influences this effect. We compare the competing explanations of assimilation, licensing, compensation, and neutralization. Individuals with high ESI were more inclined toward environmental choices. Priming positive environmental behaviors (vs. neutral behaviours) increased the likelihood of environmental choices. Priming negative environmental behaviors suggested a neutralization response, where participants may have cognitively denied/minimized the effects of their previous negative behavior. This study supports assimilation rather than licensing when positively primed, and neutralization rather than compensation or assimilation when negatively primed. Thus, it demonstrates the practical benefit of prompting consumers to consider their past positive environmental behaviors. Additionally, prompting those who are already “on board” with environmentalism (high in ESI) may help attain even better outcomes.

Full citation: Hanel, V., & Basil, D. Z. (2023). Socially conscious consumer behavior: the role of ethical self-identity and priming. International Review on Public and Nonprofit Marketing, 20(2), 427-445.

Debra Basil

OPEN TO EXPERIENCING… MEAT ALTERNATIVES? THE HEXACO PERSONALITY MODEL AND WILLINGNESS TO TRY, BUY, AND PAY AMONG OMNIVORES

Meat alternatives have risen in popularity due to increased health, environmental, and animal welfare concerns. We add to emerging literature examining factors influencing meat alternative consumption. Using the recent development of a meat alternative taxonomy (traditional plant-based meat alternatives, pulses, insects, textured vegetable protein, and cultured meat; Onwezen et al., 2021), we examine how the HEXACO personality model is associated with willingness to try, buy, and pay for five unique categories of meat alternatives. In a two-part online survey, participants completed the HEXACO (n = 478) and then completed the meat alternative willingness to try, buy, and pay survey (n = 451). Personality differentially predicted each type of meat alternative willingness to try, buy, and pay, with more novel forms such as insects and cultured meat differentiating from more traditional forms. Importantly, Openness to Experience was associated with heightened willingness to try, buy, and pay for all meat alternatives. Implications for governments, non-profits, managers, and researchers are discussed.

Full citation: Bates, Z. L., Mesler, R. M., Chernishenko, J., & MacInnis, C. (2023). Open to experiencing… meat alternatives? The HEXACO personality model and willingness to try, buy, and pay among omnivores. Food Quality and Preference, 107, 104830

Mesler

THIS MEAT OR THAT ALTERNATIVE? HOW MASCULINITY STRESS

INFLUENCES FOOD CHOICE WHEN GOALS ARE CONFLICTED

This research integrates literature on masculinity stress – the distress experienced as the result of a perceived discrepancy with male gender norms – with research on goal conflict to examine preferences for plant-based meat alternatives (PBMAs). Men experiencing masculinity stress are likely to hold salient a goal of being masculine, which should lead to less preference for PBMAs. However, many of these men simultaneously hold competing goals, such as making ethical food choices, which remain inhibited in favor of the focal masculinity goal. We argue that once men experiencing masculinity stress highlight their masculinity through the selection of a manly product, they satisfy that higher-order goal and are then free to pursue previously inhibited goals, such as making an ethical choice through the selection of PBMAs. We present the results of three studies supporting these expectations. Study 1 tests the link between masculinity stress and meat (alternative) consumption using consumer search behavior collected from Google Trends, showing that masculinity stress is positively (negatively) correlated with searches for red meat (PBMAs). Study 2 shows that men experiencing masculinity stress are more inclined to choose PBMAs, provided they are presented within a masculine product context. Study 3 presents a parallel mediation model, showing that ethical considerations (as opposed to masculine goals) shape the choice of PBMA preference. We conclude with a discussion of theoretical implications for the impression management strategies utilized by men experiencing masculinity stress and practical implications for the growing PBMA industry.

Full citation: Leary, R. B., MacDonnell Mesler, R., Montford, W. J., & Chernishenko, J. (2023). This meat or that alternative? How masculinity stress influences food choice when goals are conflicted. Frontiers in Nutrition, 10, 1111681.

Mesler

POLICY STRINGENCY AND THE SPREAD OF COVID-19: THE MODERATING ROLE OF CULTURE AND ITS IMPLICATIONS ON FIRST RESPONSES

There has been a noticeable variance between countries in the growth rate of COVID-19 since the start of the pandemic. Researchers attempted to understand this variance from two primary perspectives: the policies implemented to curb the spread of the virus and the cross-country cultural differences. However, little research to date has looked at the joint effects of policy responses and national culture. We argue that the effectiveness of restrictive policies depends on cultural values. Specifically, when policies are non-mandatary, cultural values influence people’s voluntary adherence to these policies, and hence, the spread of COVID-19. We analyzed the growth data in daily new cases across 78 countries, focusing on the joint impact of containment policies and cultural values. We found that although policy responses (i.e., containment policies) significantly predicted the spread rate of COVID-19 over time, their effects were moderated by cultural variables as well. Implications for policymaking are discussed.

Full citation: Tu, K., Chen, S., & Mesler, R. M. (2023). Policy stringency and the spread of COVID-19: The moderating role of culture and its implications on first responses. Health Policy, 137, 104896.

Christy Tu Mesler

Walter Wymer

THE INFLUENCE OF UNIVERSITY BRAND IMAGE, SATISFACTION, AND UNIVERSITY IDENTIFICATION ON ALUMNI WOM INTENTIONS

This study investigates the influence of university brand image, satisfaction, and alumni’s university identification on positive word-of-mouth (WOM) intentions. The model is tested using data collected from a sample of 1000 university alumni, an important and under-researched stakeholder group. A contribution is provided by enhancing our understanding of key under-researched relationships. University brand image was found to be a key driver of alumni positive WOM intentions, due to its direct and indirect influences. The study also identified the mediating roles of alumni’s university identification and satisfaction. The influence of university brand image on alumi WOM is partially accounted for through its influence on alumni satisfaction and alumni’s university identification.

Full citation: Schlesinger, W., Cervera-Taulet, A., & Wymer, W. (2023). The influence of university brand image, satisfaction, and university identification on alumni WOM intentions. Journal of Marketing for Higher Education, 33(1), 1-19.

BRANDING AND BRAND STRATEGIES

Full citation: Wymer, W. (2023). Branding and brand strategies. In Elgar Encyclopedia of Nonprofit Management, Leadership and Governance (pp. 47-49). Edward Elgar Publishing.

Walter Wymer

SOCIAL MARKETING’S RELEVANCE IN HELPING THE UNITED NATIONS

ATTAIN ITS SDGS

The ability of social marketing to be helpful in supporting attainment of the U.N.’s SDGs is discussed. There are many barriers in the socio-political strata within and between nations opposing efforts to achieve the SDGs, most concerning a protection of self-interests rather than working towards the common good. The practical reality is that the attainment of a more sustainable, equitable, and kind world requires a world governing body that removes the ability of the powerful to protect their selfinterests at the expense of improving the general welfare of all. Hence, restructuring the U.N. is argued to be a necessary precondition before attainment of the SDGs is possible. The conclusion is that social marketing should first be used to help restructure the U.N. before focusing on attaining the SDGs. This view does nothing to diminish the importance of the SDGs, but rather acknowledges the need to remove opposition to SDG attainment prior to their pursuit.

Full citation: Wymer, W. (2023). Social marketing’s relevance in helping the United Nations attain its SDGs. International Review on Public and Nonprofit Marketing, 20(3), 529-541.

ONLINE SOCIAL NETWORK FUNDRAISING: THREATS AND POTENTIALITIES

There has been a growth in online fundraising from crowdfunding apps, like GoFundMe, that propagate fundraising appeals on social networking sites. In the online space, these crowdfunding apps pose a potential threat to the traditional intermediation role of charities. The disintermediation threat is that donors choose crowdfunding intermediaries instead of charities to channel their giving. In this article, we discuss what makes crowdsourced fundraising effective and how charities can adapt to this new dynamic for more effective online fundraising emphasizing two key success factors: brand strength/reputation and managing the donor experience. In addition, we explain the advantages and disadvantages of social media fundraising and giving and propose ways charities can leverage their good reputations and public trust to stimulate reintermediation. Finally, we propose a landscape for future research based on model that emphasizes the fundraising campaign’s ability to stimulate viral sharing within and between online social networks.

Full citation: Wymer, W., & Čačija, L. N. (2023). Online social network fundraising: Threats and potentialities. Journal of Philanthropy and Marketing, 28(4), e1782.

Walter Wymer

CHARITY ADVERTISING: A LITERATURE REVIEW AND RESEARCH

AGENDA

The authors present an overview of the academic literature on charity advertising. Through systematically reviewing 63 empirical studies on charity advertising, a synthesis of the body of work is framed in a general model. Predominant antecedents in the charity advertising literature include various appeal tactics and victim portrayals. Research streams on moderators and mediators include various ad characteristics and audience characteristics. The audience’s intentions to donate were the most used outcome variable. Recommendations for continuing theoretical advancement in the field are presented. Managerial implications are also presented. This literature review contributes a knowledge base to guide future charity advertising research.

Full citation: Wymer, W., & Gross, H. (2023). Charity advertising: A literature review and research agenda. Journal of Philanthropy and Marketing, 28(4), e1723

EXPLORING AFFECT HEURISTICS IN RISK PERCEPTION: AN INTERVIEW WITH PAUL SLOVIC

Full citation: Bao, YJ. 2023. Exploring Affect Heuristics in Risk Perception: An Interview with Paul Slovic. Management Insights, 2023 December: 112-115. (In Chinese).

FOUR CHOICES OF ESG NARRATIVE STRATEGY

Full citation: Bao, YJ. 2023. Four Choices of ESG Narrative Strategy. Management Insights, 2023 September: 104-110. (In Chinese)

TRILOGY OF RESILIENT GLOBAL SUPPLY CHAIN

Full citation: Bao, YJ. Farzad Mahmoodi, Minglu He, Qiang Xin. 2023. Trilogy of Resilient Global Supply Chain. Tsinghua Business Review. Issue 12, 36-41 (In Chinese)

CAN MULTINATIONAL ENTERPRISES ATTAIN COMPETITIVE ADVANTAGES

THROUGH HIRING OFFSHORE EXPERTS?

A popular argument about Huawei’s human capital strategy is that offshore experts generate competitive advantage for telecommunication manufacturer Huawei by providing innovative output, but without integrating their knowledge with the activities of other key staff members at Huawei’s home base (Schaefer, 2020). The contrast between Schaefer (2020) and mainstream international business theories led us to conduct further empirical analyses of Huawei. We find that there was extensive integration between offshore experts and Huawei’s home base, and that dynamic matching led to catch-up and competitive advantage for Huawei. In analyzing the contributions of offshore experts, Schaefer (2020) overlooks the inherent uncertainty of R&D projects and the embedded nature of offshore experts’ functioning.

Full citation: Bao, Y., Yuan, W., & Wu, Z. (2023). Can multinational enterprises attain competitive advantages through hiring offshore experts?. In Academy of Management Proceedings (Vol. 2023, No. 1, p. 18658). Briarcliff Manor, NY 10510: Academy of Management

YJ Bao

AFFECT AND COGNITION IN UPPER ECHELONS’ STRATEGIC DECISION

MAKING: EMPIRICAL AND THEORETICAL STUDIES FOR ADVANCING CORPORATE GOVERNANCE

Full citation: Cristofaro, M., Bao, Y. J., Chiu, S., Hernández-Lara, A. B., & Perez-Calero, L. (2023). Affect and cognition in upper echelons’ strategic decision making: Empirical and theoretical studies for advancing corporate governance.

Frontiers in Psychology, 13, 1081095.

CEO ANGER: A CATALYST FOR ERROR RECOGNITION AND LEARNING

This paper elucidates the role of anger in error management (EM) and organizational learning behaviors. A double-layered moderated-mediated model was developed and tested using data from 744 Chinese CEOs. The findings reveal that anger is a precursor for recognizing the value of significant errors, leading to a positive association with learning behavior among top management team members. Additionally, the study uncovers a triple interaction effect of anger, EM culture and supply chain disruptions on the value of learning from errors. This study uniquely integrates affect-cognitive theory and organizational learning theory, examining anger in EM and learning. The authors provide empirical evidence that anger can drive error value recognition and learning. The authors incorporate a more fine-grained approach to leadership when including executive anger as a trigger to learning behavior. The authors consider both negative and positive emotions to contribute to the complexity of organizational learning.

Full citation: Olson, B. J., Parayitam, S., Cristofaro, M., Bao, Y., & Yuan, W. (2023). CEO anger: a catalyst for error recognition and learning. Management Decision, 62(13), 1-25

Bradley Olson

YJ Bao

FROM OPPRESSION TO ENVISIONED LIBERATION: COGNITIVE PRECURSORS OF EMANCIPATORY ENTREPRENEURSHIP

Given the fervent discourse evident in academic, policy, and practitioner forums regarding the relationship between oppression/emancipation and entrepreneurship, our aim in this paper is to extend extant theorizing about entrepreneurial activity as a potential means of liberation from oppressive forces. We start by identifying an unresolved theoretical puzzle inherent in foundational conceptual work on the emancipatory entrepreneurship perspective; specifically, how it is possible for individuals living in a state of oppression to transition to a state of (entrepreneurship-facilitated) envisioned liberation. We develop a process model and illustrative propositions pertinent that address this puzzle, elaborating the mechanisms by which individuals subjected to persistent oppressive forces can achieve the cognitive emancipation necessary to view themselves as aspiring entrepreneurs. The theoretical tools developed herein thus offer fundamental insight into the cognitive precursors of emancipation-motivated entrepreneurial activity. They also provide a platform to help guide future research on this timely and important topic.

Full citation: Muhammad, M. A., Jennings, J. E., Hansen, H., & Rahman, Z. (2023). From Oppression to Envisioned Liberation: Cognitive Precursors of Emancipatory Entrepreneurship. In Academy of Management Proceedings (Vol. 2023, No. 1, p. 16193). Briarcliff Manor, NY 10510: Academy of Management

CHALLENGING WHAT WE THINK WE KNOW: THEORY AND EVIDENCE FOR QUESTIONING COMMON BELIEFS ABOUT THE GENDER GAP IN ENTREPRENEURIAL CONFIDENCE

Skeptical of prevailing depictions and recommendations regarding the gender gap in entrepreneurial self-efficacy (ESE), our aim is to raise and examine alternative interpretations and inferences. We question the common belief that women are under-confident with respect to entrepreneurship and whether this is a “problem” that needs fixing. The findings from two distinct datasets indicate, instead, that women are as likely as men to possess accurate entrepreneurial confidence, which is less likely than over-confidence to be associated with proclivities potentially detrimental to business venturing. Our analysis therefore calls for revised portrayals of—and suggestions for—the ESE of both women and men.

Full citation: Jennings, J. E., Rahman, Z., & Dempsey, D. (2023). Challenging what we think we know: theory and evidence for questioning common beliefs about the gender gap in entrepreneurial confidence. Entrepreneurship Theory and Practice, 47(2), 369-397

HONOURS, AWARDS AND SCHOLARS

Finance Marketing Policy and Strategy

Basil, M. D. and Basil, D. Z. won top conceptual paper for The power of celebrities, influencers and micro-influencers at the African Social Marketing Conference in Johannesburg, South Africa.

Mesler, R. Awarded the Queen Elizabeth II’s Platinum Jubilee Medal.

Mesler, R. was appointed one of the University of Lethbridge EDI Scholars.

Ward, M. won the 2023 JPIM (Journal of Product Innovation Management) Conference - “Best Paper” (Ward, Mark, Osiyevskyy, Oleksiy, & Radford, Scott. Creating customer need knowledge: The problemsolving perspective in new product development. [Manuscript under review])

Mesler

Mark Ward

Debra Basil Michael Basil

BOOKS/BOOK CHAPTERS/POSTFACES

Robert Boudreau

Human Resource Management & Labour Relations

Boudreau, R. A., Graham, R. Y., Boudreau, W. F., & Boudreau, R.J. (2024). The Boudreau burnout bibliography, 1957-2023. Retrieved from https://openeducationalberta.ca/boudreauburnoutbibliography/

Lindsay Murray

Accounting

Lindsay, R.M. and Savall, H. (2023). Overcoming the poverty of conventional management control philosophy through SEAM. Socio-Economic Approach to Management Treatise, The ISEOR Series.

PRESENTATIONS

Policy/Strategy

Bao, YJ. (2023). Chair on panel on ESG Inside: Embedding ESG into responsible growth of business. Management School of Fudan University and China Financial Company Association, in Shanghai, China.

Bao, Y. (2023). Carbon Zero and ESG Initiatives for Value Creation. Workshop by Journal of Research and Development Management, virtual.

Bao, YJ., Yuan, W., Verbeke, A., & Wu, Z. (2023). Recombination of knowledge bundles and hiring offshore experts for firm specific advantages. Academy of International Business (AIB) annual conference, in Warsaw, Poland.

Bao, Y., Yuan W., and Wu, Z. (2023). Can Multinational Enterprises Attain Competitive Advantages Through Hiring Offshore Experts? Academy of Management (AOM) annual conference, in Boston, USA.

Mahmoodi, F. and Bao, Y. (2023). Designing Resilient Global Supply Chain. International Research conference for Management Disciplines, in Lisbon, Portugal.

Basil, D.Z., Boniol, K.*, & Marietta, J.* (2023). A formative study of immigrants in Southern Alberta, Canada. African Social Marketing Association Conference, in Johannesburg, South Africa.

Boniol, K.*, Basil, D.Z., & Marietta, J.* (2023). Improving non-profit communication by analyzing settlement experiences through a customer journey lens within the Lethbridge area. ANSER/ARES Conference, in Toronto, Canada.

YJ Bao

Debra Basil Marketing

Basil, M. D. & Basil, D. Z. (2023). The Power of Celebrities, Influencers, and Micro-Influencers. African World Social Marketing Conference, in Johannesburg, South Africa.

Baulkaran, V. (2023). Home Equity and Retirement Funding: Challenges and Opportunities at the American Real Estate Society, March 29-31, San Antonio, USA (Co-author to present; it was also presented at the Academy of Financial Service conference).

Accounting Marketing Finance

Kopp, L., Smith, J., & Wudrich, B. (2023). Measuring enironmental sustainability - Does it really matter? Rountable Presentation for the Canadian Association of Accounting Academics (CAAA), in Quebec City, Canada.

Vishaal Baulkaran

Debra Basil Michael Basil

Lori Kopp James Smith

International Management

Sedghy, B. (2023). Organic food supply management. IAMO forum, in Halle (Saale), Germany (It was also presented in Canadian Economic Association Conference).

Policy/Strategy

Shapiro, S. (2023). Beyond human connections: Love in the age of AI and the evolution of intimacy. Who's Responsible for ChatGPT? Building a Public Vision for AI Conference, virtual.

Shapiro, S. (2023). Advanced analytics and modern technology to create intelligent predictions panel discussion – strategy session. Big Data and AI Toronto, in Toronto, Canada.

Shapiro, S. (2023). The impact of artificial intelligence in our daily lives. Stem Fusion Conference, in Lethbridge, Canada.

Shapiro, S. and Liu, A*. (2023). The Intersection of AI and Negotiation: Current Applications and Ethical Implications. Stem Fusion conference, in Lethbridge, Canada.

Policy/Strategy

Ward, M. P., Osiyevskyy, O., & Radford, S. (2023). Customer need knowledge: The problem-solving perspective in new product development. JPIM Research Forum, in New Orleans, USA.

Sidney Shapiro

Mark Ward

Bahareh Sedghy

GRANTS

Accounting

Social Sciences and Humanity Research Council of Canada Insight Grant (SSHRC IG), $89,300, 2023-2028, co-applicant, “Environmental Sustainability Policy Divergence, Environmental Disclosure, and Environmental Performance: International Evidence”

Policy/Strategy

Tri-Agency Catalyst Grant - $4000 (Grant)

Mitacs BSI Research Grant - Cattle Health Management Data and App Strategy Development $15,000

Human Resource Management & Labour Relations

Stuart-Edwards, A. (PI), Hancock, S. (co-PI), A. MacDonald (collaborator). SSHRC IDG 2023 grant “From individual mindfulness to team success: Exploring relationships between individual and team mindfulness, team processes and outcomes” ($74,304).

Stuart-Edwards, A. (PI). ULRF 2024 grant “In the Shadows of Depression: Mapping its Effects, Crossovers, and Mitigating Strategies” ($15,000).

Stuart-Edwards, A. Mitacs Globalink Research Internship 2024 “Depression at Work: An Systematic Review of Literature”.

Sidney Shapiro

Anastasia StuartEdwards

Yutao Li

SUPERVISION OF GRADUATE STUDENT THESIS RESEARCH

2022 GRADUATES

Marketing

Basil, D. supervised Kathleen Boniol on ‘Improving Non‐Profit Communication by Analyzing Immigrant Settlement Experiences Through a Customer Journey Lens within the Lethbridge Area’

Finance

Baulkaran, V. & Tian, Y. supervised Murad Ziyatkhanli on ‘Power at the Top: An Examination of CEO Tenure and Excess Churn’.

Finance

Jiao, F. supervised Khairul Sumon on ‘Earnings Announcement and Information Spillover: Evidence from Cross-Listing’.

International Management

Mosadegh Sedghy, B. & Darku, A. supervised Adedapo Adeogun on ‘Effects of Trade Liberalization on Aggregate and Agricultural Sector Employment in Nigeria’ (International Management).

Human Resource Management & Labour Relations

Perlow, R. supervised Sakura Oni on ‘Leader Humility and Subordinates’ Organizational Citizenship

Behavior: Investigating the Role of Interpersonal Justice & Moderating Mechanism of Employee Cynicism’.

HIGH-IMPACT PUBLICATIONS FROM OUR 2022 REPORT

These publications made a splash!

These articles from our 2022 report have been highly cited since their publication, demonstrating their value to the further generation of knowledge.

Finance

Vishaal Baulkaran

Full citation: Baulkaran, V. (2022). Personal bankruptcy and consumer credit delinquency: The case of personal finance education. International Review of Financial Analysis, 81, 102098. https://www.sciencedirect.com/science/article/pii/S1057521922000680

Human Resource Management & Labour Relations

Katherine Lafreniere

Full citation: Lafreniere, K. C., Moore, S. G., & Fisher, R. J. (2022). The power of profanity: The meaning and impact of swear words in word of mouth. Journal of Marketing Research, 59(5), 908-925 https://journals.sagepub.com/doi/full/10.1177/00222437221078606

Marketing

Rhiannon Mesler

Full citation: Mesler, R. M., Leary, R. B., & Montford, W. J. (2022). The relationships between masculine gender role discrepancy, discrepancy stress and men’s health-related behavior. Personality and Individual Differences, 184, 111205. https://www.sciencedirect.com/science/article/pii/S0191886921005845

Human Resource Management & Labour Relations

Anastasia Stuart-Edwards

Full citation: Caza, B. B., Main, K., & Stuart-Edwards, A. (2022). Jack of all trades, master of none? Exploring factors that influence responses to white-collar professionals with multiple jobs. Academy of Management Discoveries, 8(4), 585-607. https://journals.aom.org/doi/abs/10.5465/amd.2020.0109