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1 ANNUAL DOCTORAL COLLOQUIUM 28 MAY 2014 WESTMINSTER BUSINESS SCHOOL CHILTERN LECTURE THEATRE (CG28) MARYLEBONE CAMPUS LONDON

Annual Doctoral Colloquium Programme

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    ANNUAL DOCTORAL COLLOQUIUM

    28 MAY 2014

    WESTMINSTER BUSINESS SCHOOL

    CHILTERN LECTURE THEATRE (CG28)

    MARYLEBONE CAMPUS

    LONDON

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    The WBS Doctoral Colloquium

    Aims and Scope

    The Annual Doctoral Colloquium (ADC) forms part of the PhD training programme provided at School level in the context of the Doctoral Researcher Development Programme (Research Development Framework (2011) of Research Councils UK). Participation is mandatory for all WBS research students present in London. The Colloquium provides an opportunity to develop both academic and practical PhD skills. The ADC consists of a programme of presentations from WBS PhD students on their current research. The objective of the ADC is to boost the development and training of PhD students in the disciplines of Business and Management, and to integrate the PhD programme in the research life of the School. It intends to:

    offer academic and social networking opportunities with both students and staff;

    provide training to PhD students on dissemination of results;

    develop internal networks to encourage and disseminate the output of their research;

    foster collaborations, knowledge transfer, and ensure that colleagues are aware of the outputs of PhD research;

    stimulate intellectual debate in an informal environment that will foster a sense of collaboration between PhD students and staff;

    allow an opportunity for students to share a range of positive and challenging aspects of studying for a PhD, as well as to encourage mutual support;

    provide a platform for PhD students to present papers for around 20 minutes and receive comments and feedback on their work for 10 minutes.

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    PROGRAMME AND EXTENDED ABSTRACTS

    WEDNESDAY 28 MAY 2014 ROOM: CHILTERN LECTURE HALL (CG28)

    10.00 10.15 COLLOQUIUM OPENING 10.15 10.30 WELCOME

    Franz Buscha Director of the PhD Programme

    10.30 12.00 SESSION 1

    Supplier selection and supply chain management Farlon Rahaman [email protected] Supplier selection can be considered as the foundation of supply chain management. The decisions made at this stage regarding the appropriate suppliers will inherently affect the other aspects of the business. This research will showcase some of the relevant issues highlighted by conducting data collection in Malaysia, in the manufacturing companies. The main areas include: the current state of the use of information technology and business intelligence tools; the use of artificial intelligence tools or technologies in decision support; and practical supplier selection criteria and processes. Many research articles have addressed relevant issues by providing solutions to the existing problems, some of which are information technology tools, frameworks, and the use of social media. However the understanding of supplier selection criteria and the use of advanced tools are still under the spotlight. Consumers Perceptions of And Responses To Creative Advertising Pinar Demir [email protected] The advertising industry keeps expanding as the competition between companies and the search for reaching consumers continue. According to a recent report of WARCs, Advertising pays: How advertising fuels the UK economy (2013) the advertising industry adds nearly 100 billion to UK GDP while improving both economic activity and creativity and averagely 1 of advertising spend is generating 6 for the UK economy (WARC, 2013, p. 3). As the industry grows over the years the emphasis has been drawn to a specific aspect of advertising: the creativity. This can be explained by the ability of advertising creativity to overcome consumers perceptual barrier in gaining

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    their interest (Ang and Low, 2000). Nyilasy and Reid (2009) indicated that the output of creativity ends up being subpar although it is the most important imperative in advertising (p. 93). Creativity research to date has focused on creativity from the point of the producer rather than that of the consumer and little is known about how advertising creativity is viewed by the public (West et al., 2008, p.35). While research on advertising creativity has expanded over the last decade there is still more to understand and reflect about the consumers perceptions of it considering its importance on gaining consumers attention and generating other consumer responses such as likeability and engagement. If engagement is the purpose of advertising (Wang, 2006) gaining information about the effects of advertising creativity on consumer perceptions and responses might improve advertising knowledge to communicate more effectively with the viewers. This research aims to analyse how consumers perceive creative advertising and its various dimensions, examine the relationships/interrelationships between the dimensions/factors as perceived by consumers, examine how consumers respond to creative advertising and its various dimensions investigate the relationships and interrelationships between the different types of consumer responses to creative advertising and unveil the perceptions of consumers with regard to creative advertising, their responses to it, and the factors that influence them with regard to creative advertising and its dimensions. In order to do this a quantitative study will be conducted in UK by means of a survey amongst a sample of everyday consumers. Motivations to share information on social network sites for free. A review of social commerce case Kyung Kwon [email protected] The purpose of this paper is to present social networking sites increasing importance to modern society, its influences on consumers decision making processes, review key literature and concepts that may be explain social networking site users information sharing motivation, identify the gaps in the current online consumer behaviour literature, and proposes potentially suitable research methods to narrow the gaps in the literature. This research will present why people use social networks to share such information and influence of word of mouth in online purchase behaviour and intentions. This research attempts to highlight the importance of key characteristics of social networking site, social commerce and word of mouth. 12.00 13.00 LUNCH 13.00 14.30 SESSION 2

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    The Influence of Work Environment, Trainee Characteristics, and Training Design Factors on the Transfer of Training: The Case of Public Security Sector in Saudi Arabia Abdulaziz Alnowaiser [email protected] Today organisations provoke to increase human capital investments and enhancing employee knowledge and skills due to increasing competition, technology, communication skills and ever changing marketplace. The workforce of an organisation is based on the training, learning strategies and development efforts. Theories regarding human resource refer training as intervention to improve employees performance and organizations productivity (Bookter, 1999). Success and effective functioning of organisation depend upon training because of achieving organizational objectives (Bulut and Colha, 2010). Training is an activity which effect to the extent that the skills and behaviours learned and practiced during instruction are actually transferred to the workplace. Despite the scope of human resources development strategies such as coaching, mentoring, and experiences, the role of training is expanding. Literature witnessed individual, situational, training design and organizational environment factors witnesses to influence transfer and have been identified through empirical studies (Colquitt et al., 2000; Valeda et al., 2007; Donovan and Darcy, 2011). However, to date there has been very little research has offer training design, individuals characteristics and work environment factors together into theories of training transfer. This study extends research work of Hutchins (2009); Donovan and Darcy (2011); Grossman and Salas (2011) by advancing our understanding of what training influence motivation to training and learning for training transfer. This study contributes to the theory of training transfer by empirically analysing of hypotheses that how different sets of variables simultaneously influence the transfer of training. This is a cross sectional study and the context is public sector security of Kingdom of Saudi Arabia. A random sampling has been done. After pilot study, main data have recently been collected. Response rate is 63%. At this stage data is going to be recorded and analysed through SPSS. Continuous -Time Interest Rate Modelling. Empirical Evidence from the Estimation of Four-Factor Continuous-Time Models Diana Tunaru

    [email protected] Using the general Gaussian methodology developed by Bergstrom (1983, 1989, 1990) for estimating continuous-time models with discrete data, a range of continuous-time models (CKLS (1992) Vasicek (1977), CIR (1985) and BRSC (1980)) are estimated based on daily data between 1-st of January 2000 and 29-th of March 2013, for various currencies (GBP-LIBOR, EUR-LIBOR, USD-LIBOR, JPY-LIBOR, CHF-LIBOR and CAD-LIBOR). Two main features historically observed in the behaviour of interest rates

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    and empirically tested in the financial literature - the mean reversion and the so called level effect - are measured. The empirical results generally indicate that there is no evidence for the mean reverting feature, while the findings regarding the level effect slightly vary from one data series to another. There is significant evidence that over the empirical time-interval used (including the financial crisis of 2007-2009) the volatility of the interest rates is highly dependent on the level of the interest rate itself. Based on the likelihood ratio (LR) test, the Vasicek model is statistically rejected, while the BRSC model performs best implying that during the interval under consideration the non-affine structures are more appropriate to model the dynamics of the interest rates than the affine specifications. Additionally, the models are compared in terms of forecasting performance against discrete time benchmark methodologies like AR (1) and VAR(1). The effects of conflict in driving forward innovation in shared leadership management consultant teams Vasilii Penny

    [email protected] Current investigations of the role of conflict in shared leadership teams have focused on the downside of these conflicts. However, such investigations have been insufficient, as certain types of conflicts such as task conflict can be a source of additional innovation for these teams. Management consultant teams provide ideal cases for examining shared leadership, often being non-hierarchically structured, with team members having diverse areas of expertise and conducting interdependent and knowledge intensive tasks. In this study, the role of conflict in driving additional innovation for management consultant teams that operate a shared leadership structure is examined using a novel combination of research methods. A conceptual framework has been constructed leading to the development of key hypotheses, tested through a survey of approximately 400 management consultants. By further exploring the survey results in observations of management consultant teamwork and individual team member interviews, the subtleties of conflicts between team members are considered. These subtleties are only visible when capturing dynamic, minute-by-minute team member conversations and interactions through real-time observation techniques and the innovation that they result in is not normally recognised as coming from them. An analysis of these conflicts will allow developing a framework available to a variety of shared leadership management teams to enhance their innovative capacities. 14.30 14.45 TEA/COFFEE 14.45 15.15 SESSION 3

    Construction of Identities in the Family Business: Perspectives from Second-Generation Business Family Members in the Peoples Republic of China

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    Nan Jiang

    [email protected] The Peoples Republic of China (PRC) is governed by a communist state, in which the concept of private ownership was not permissible until the late 1970s with the introduction of capitalism into its economic system. Having emerged in this complex social environment, the first-generation family business founders have relied on family ownership and family management, embedded by PRCs long history and culture of family collectivism, to succeed. Due to the introduction of the open-door policy in 1978, the descendants of these first-generation family business founders grew up in an intertwined culture of western ideology and Chinese ideology, influencing the social structure of the family and the business. Since the late 1990s and early 2000s, these PRC second-generation business family members (SGs) have joined in PRC family businesses. This research draws on the concept of identity to understand how the PRC SGs negotiate their personal identities to balance with various social identities in the current complex socio-economic context of PRC family business. Recognising identities as being socially constructed, I adopt an intersubjective approach to co-construct identities with PRC SGs by using semi-structured, face-to-face, interviews. Preliminary findings provided insights of different identifications in the PRC SGs family business, including both personal identities and social identities, embedded by contradictory values that are salient respectively in the conventional family culture, for the market-orientated business environment of the PRC SGs family businesses, as well as to the individualistic needs of PRC SGs. These insights add to the knowledge of the multitudinous nature of identity construction in the family business. The timely significance of this research will raise the awareness of family business researchers and policy makers, as well as family business consultants, to shape the identity of PRC SGs through research, and provide institutional support and professional advice.

    15.15 15.45 UPADTE ON THE DOCTORAL PROGRAMME

    Franz Buscha