Reputation Status Research Articles

Updates on Hong Kong’s anti-money laundering laws 2020

Purpose The purpose of this paper is to discuss the latest developments of anti-money laundering (AML) laws in terms of case law and to give meaningful response in relation to certain key findings (KFs) and recommendations by the financial action task force contained in its mutual evaluation report dated September 2019. Design/methodology/approach In terms of AML case law, the authors analyse the latest judgment from the Hong Kong (HK) court of final appeal. In terms of the evaluation report, the authors outline salient points from the KFs and recommendation, commenting on their likelihood of success. Findings With the developments in AML case law and the KFs identified, HK is expected to maintain its high standard in AML/counter financing of terrorism (CFT) compliance. Originality/value A robust AML/CFT regime is the bedrock of HK’s reputable status as an international financial centre. This study seeks to illicit meaningful interactions amongst all stakeholders.

Management of the potential of tourism destinations

Purpose. The aim of the study is to develop the parameters of capacity utilization assessment and innovative development of tourist destinations at the expense of the created tourist product of the destination; studying the basic principles of its formation. Methodology of research. The empirical methods of research are used in the course of the research, namely: the method of generalization – when forming a multi-vector approach to the development of tourist destinations; the method of expert assessments – when positioning the tourist product in the tourism system; method of classification and system analysis – in the study of innovativeness of components of the tourist product. Methods of analysis and synthesis, scientific generalization and comparison – when researching data of scientific sources (monographs, articles of domestic and foreign scientists), as well as open sources of statistical information and official data of forums, ratings, international tourist barometer are used in the research process. Findings. As a result of research the problems of assessment of tourism potential are updated as a source of innovative development of tourism; indicators and methods of measurement are analyzed; definition of the category “innovative potential of tourism” is substantiated and a model of its evaluation at different levels of implementation, with various forms of interpenetration and facilities of influence, implementation of effectiveness, perception and realization of the potential of tourism enterprises is presented. The proposed valuation tools that allow to use the tourism resource potential of the country / region / destination have a positive impact on the value pricing of exhaustible resources for sustainable tourism development, allow forming capital resource potentially attractive resorts that will affect their investment and reputational status. At the end of the article the factors of formation of innovative tourist product of destination as an effective tool of realization of tourist potential of the region are offered. Originality. The complementary factors of influence on the formation of a tourist destination management system by realizing existing and enhancing effective development potential are determined. Unlike the existing ones, these factors make it possible to estimate the direct and indirect contribution of tourism in the country's GDP by exploiting existing and enhancing excellent tourism potential. Practical value. The proposed structure and content of the tourist product of the destinations, its innovative component is the basis for the formation of the product strategy of the destination product, raising its competitive status, sustainable development. Key words: tourism potential; innovative development; evaluation of tourism potential; tourism product; destination.

Pseudonym change strategy based on the reputation of the neighbouring vehicles in VANETs

Pseudonym change schemes have been studied in VANETs to guarantee the property of untraceability of the vehicles. This paper proposes a new condition based on the assumption that if there are no malicious vehicles around when a synchronous change triggers, there is no risk of tracking, and the pseudonym change defers until a time threshold. Thus, our proposal based on a synchronous strategy to increase the anonymity set, adds to the change condition, the checking of the reputation status of the neighbouring vehicles. The reputation status is the result of discretizing the reputation score of the vehicles and it is part of the periodically broadcast beacon messages. The proposal was evaluated through simulations using a real scenario. The results showed an optimization in the use of pseudonyms maintaining similar anonymity levels with other schemes.

Evolution of cooperation in the spatial public goods game with the third-order reputation evaluation

In this letter, in order to deeply explore the role of individual reputation in the evolutionary game dynamics, we present a new third-order reputation evaluation model to discuss the evolution of cooperation in the spatial public goods game. In the current model, we should not only consider the strategy (cooperation, C or defection, D) of a focal player, but also take his own reputation and his opponent's reputation status into account. Among them, the individual reputation will be divided into being good and bad according to the specified threshold, and the good player will be endowed with the more influential strategy transfer ability, which further helps to create the clusters of cooperative and good players within the population and then fosters the cooperation. A large plethora of experimental simulation results indicate that four rules under the third-order reputation mechanism can lead to the promotion of cooperation when compared to the traditional public goods game model. The current work is conductive to a better understanding of the persistence and emergence of collective cooperation in real-world systems.

Employer branding: perceived organisational support and employee retention – the mediating role of organisational commitment

PurposeThe purpose of this paper is to examine the relationship between employer branding attribute of organisational support and employee retention in a government agency in New Zealand.Design/methodology/approachThis study is cross-sectional in design, and an online survey method was used to collect data from 134 research participants. Research participants were recruited from a local council in New Zealand. The Process Macro Regression method was employed to analyse the collected data.FindingsThe main findings from this study are: first, the study shows that perceived organisational support (POS) as an employer branding technique affects employee retention. Second, POS significantly influenced employees’ organisational commitment (OC) as a predictor of employee retention. Third, the relationship between organisational support and employee retention was mediated by OC in this study.Research limitations/implicationsThis study examined POS as an employer branding strategy; the findings have a number of valuable implications for organisations. This study suggests that organisations should develop adequate organisational support mechanisms as a way of acquiring the status of a better employer among different stakeholders.Practical implicationsPrecisely, the findings imply that organisations should focus on increasing organisational support to attract, maintain and retain employees because employees desire conducive and favourable work environments.Social implicationsA well-crafted and efficiently implemented organisational supportive strategies may enhance the reputational status of the organisation as an employer brand among its future job applicants.Originality/valueThis study tested POS as an employer branding attribute in the New Zealand context; research on POS as an employer branding strategy is scarce. The results suggest that organisations that embrace organisational support mechanisms as employer branding strategy succeed in maintaining and retaining their talents for a longer time.

Corporate reputation, shareholders’ gains, and market discounts: evidence from the private equity placement in China

This paper extended the works of Wruck in 1989, and Hertzel and Smith in 1993 by incorporating the effects of corporate reputation on shareholders’ gains and market discounts in private equity placements (PEPs) taking data from the Chinese markets. Results demonstrate that corporate reputation significantly influences the shareholder’s gains in PEPs. Besides, factors such as market discounts, offering percentage, and connected transactions are positively related to the announcement effects whereas changes in ownership concentration negate the shareholders’ returns. By contrast, market discounts show a negative association with reputation status, indicating that reputation serves as a mitigating factor for resolving a firm’s undervaluation problem. These findings expect to help greatly to the managerial decision of PEP issuers in an emerging market.

EMPLOYER BRAND IMAGE DEPENDING ON STAKEHOLDERS’ MATERIAL VALUE TENDENCY: COMMUNICATION MARKET IN TURKEY

According to branding and reputation literature, all stakeholders shares a common value system, which also leads developing similar perceptions towards corporates. As a value, materialism, especially effects the way that people mentally coding their environment and their lives. Preferences of consumers can differ from each other depending on how they judge the success depending on possessions or centralize the possessions in their life or are satisfied by owning them. The aim of this research is to test meaningful differences between employer brand images in terms of stakeholders’ material value tendency. A questionnaire composed of Employer Brand Image and Material Value Scales was conducted to three primary stakeholder groups. Results reveal that employer brand image differs depending on the stakeholders’ success-oriented and centrality-oriented material values for communication brands. The employer brand images of Vodafone and Turk Telekom that have the best and the worst reputation status in the market depending on being involved in a serious scandal, did not differ according to the stakeholders’ material values, whereas the employer brand image of Turkcell which has an average position in the market, statistically differed.

EMPLOYER BRAND IMAGE DEPENDING ON STAKEHOLDERS’ MATERIAL VALUE TENDENCY: COMMUNICATION MARKET IN TURKEY

According to branding and reputation literature, all stakeholders shares a common value system, which also leads developing similar perceptions towards corporates. As a value, materialism, especially effects the way that people mentally coding their environment and their lives. Preferences of consumers can differ from each other depending on how they judge the success depending on possessions or centralize the possessions in their life or are satisfied by owning them. The aim of this research is to test meaningful differences between employer brand images in terms of stakeholders’ material value tendency. A questionnaire composed of Employer Brand Image and Material Value Scales was conducted to three primary stakeholder groups. Results reveal that employer brand image differs depending on the stakeholders’ success-oriented and centrality-oriented material values for communication brands. The employer brand images of Vodafone and Turk Telekom that have the best and the worst reputation status in the market depending on being involved in a serious scandal, did not differ according to the stakeholders’ material values, whereas the employer brand image of Turkcell which has an average position in the market, statistically differed.

Updates on Hong Kong’s anti-money laundering laws

PurposeThe purpose of this study is to discuss the latest developments of anti-money laundering (AML) laws in terms of case law and intended legislation amendments.Design/methodology/approachIn terms of AML case law, the authors analyze three judgments from the Hong Kong Court of Final Appeal. In terms of the intended legislation amendments, the authors outline salient points from the two amendment bills submitted to the Legislative Council of Hong Kong.FindingsWith the developments in AML case law and the intended legislation amendments, Hong Kong is expected to have a positive result in the Financial Action Task Force Mutual Evaluation in October/November 2018.Originality/valueA robust AML/counter-terrorist financing regime is the bedrock of Hong Kong’s reputable status as an international financial center. This paper seeks to illicit meaningful interactions amongst all stakeholders.

THE VIABILITY OF HALAL FOOD INDUSTRY FOR BRUNEI ECONOMIC DIVERSIFICATION: SWOT ANALYSIS

There has been a growing interest in research for halal industry as the market has seen a tremendous growth in the global market and develops a strong presence in developed countries. With the halal industry being worth of US$1.2 trillion worldwide or US$650 billion alone in the food sector, vast opportunities in the global halal food industry for Brunei to use in order to diversify its economy. Brunei has been prioritised economic diversification as a mean to economic development; however, it has not shown any successful result so far. For a long period, Brunei has sustained its high dependency on oil and gas sector, in which economic diversification is a key to lower down the current dependency. Brunei Halal brand was established as one of attempts to help push forward Brunei's halal industry and supply the amount of halal certified food to the global Muslim population. In addition, owing to strong religious identity and principle, Brunei halal gained a reputable status to international and Islamic standards. The attempt of this paper is to assess the viability of the halal food industry as a source for economic diversification of Brunei with understanding of the current status of Brunei halal food industry by SWOT analysis. This study conducted semi-structured interview with respondents who are stakeholders in halal food industry to obtain further data in addition to data collected from secondary sources.

The neural representation of social status in the extended face-processing network.

Social status is a salient cue that shapes our perceptions of other people and ultimately guides our social interactions. Despite the pervasive influence of status on social behavior, how information about the status of others is represented in the brain remains unclear. Here, we tested the hypothesis that social status information is embedded in our neural representations of other individuals. Participants learned to associate faces with names, job titles that varied in associated status, and explicit markers of reputational status (star ratings). Trained stimuli were presented in an functional magnetic resonance imaging experiment where participants performed a target detection task orthogonal to the variable of interest. A network of face-selective brain regions extending from the occipital lobe to the orbitofrontal cortex was localized and served as regions of interest. Using multivoxel pattern analysis, we found that face-selective voxels in the lateral orbitofrontal cortex - a region involved in social and nonsocial valuation, could decode faces based on their status. Similar effects were observed with two different status manipulations - one based on stored semantic knowledge (e.g., different careers) and one based on learned reputation (e.g., star ranking). These data suggest that a face-selective region of the lateral orbitofrontal cortex may contribute to the perception of social status, potentially underlying the preferential attention and favorable biases humans display toward high-status individuals.

Analysis on trust influencing factors and trust model from multiple perspectives of online Auction

Abstract Current reputation models lack the research on online auction trading completely so they cannot entirely reflect the reputation status of users and may cause problems on operability. To evaluate the user trust in online auction correctly, a trust computing model based on multiple influencing factors is established. It aims at overcoming the efficiency of current trust computing methods and the limitations of traditional theoretical trust models. The improved model comprehensively considers the trust degree evaluation factors of three types of participants according to different participation modes of online auctioneers, to improve the accuracy, effectiveness and robustness of the trust degree. The experiments test the efficiency and the performance of our model under different scale of malicious user, under environment like eBay and Sporas model. The experimental results analysis show the model proposed in this paper makes up the deficiency of existing model and it also has better feasibility.

When a Sinner Does a Good Deed: The Path‐Dependence of Reputation Repair

AbstractThis study examines how shareholders will interpret a socially desirable action taken by firms with a damaged corporate reputation status. We first explain theoretically why shareholders’ path‐dependent judgments of a tainted firm increase the likelihood of shareholders making less favourable judgments of the firm's socially desirable actions. We then test the theoretical predictions using a sample of Chinese listed firms that were sanctioned for securities fraud and subsequently made donations to the 2008 Sichuan earthquake relief funds. We find that the shareholders evaluate the donations made by fraud‐tainted firms less favourably than those made by firms that have not been sanctioned for fraud. Furthermore, the shareholders’ evaluations of the donations made by fraud‐tainted firms is less favourable if the firms have committed more serious fraud and undertaken fewer positive remedial actions in the post‐fraud period. Overall, our evidence demonstrates that shareholders’ path‐dependent judgments of fraud‐tainted firms constitute a major obstacle that constrains the effectiveness of reputation repair.

Profit, Persuasion, and Fidelity: Why People Follow the Rule of Law

AbstractThis article proposes that there are three types of individual interest perception that explain adherence to the rule of law. The first level, “profit,” refers to tangible individual gain, whether in the form of economic enrichment or the accumulation of political power. The second layer of interest, “persuasion,” involves social norms and reputation. In this second level, individuals adhere to a rule not because of the threat of government sanction or reward, but rather because of intangible concerns for reputation and social status. Finally, the third layer of interest involves individuals forgoing tangible benefit for the sake of fidelity to a constitutional order or a shared set of beliefs. A potential advantage of the three-interest view is that it provides for an accessible descriptive framework that captures the broad nature of the rule of law, moving from the small bribe for a local official to the question of whether a constitution will constrain the powerful. The three-interest view also aligns well with modern developments in experimental and behavioural economics and suggests future lines of research into how individuals and groups navigate from self-interest toward cooperation and fidelity.

Reputation and peacekeeping missions Brazil and middle powers in challenging times

International law has been barely focused on the reputational status, which may be represented as a complex of attributes based on the perception of the others, that can determine the state’s position in the international arena and cooperation scenarios. Thus, the opportunity of taking an active role in the international agenda makes Brazil and other middle powers and emerging markets as high-value partners, with an increasing and representative participation in international organizations in the last years. In respect to the Brazilian case, those functions that can be cited as determinants of reputation range from the peacekeeping mandates it has detained, to the candidacy as a permanent member of the United Nations Security Council. This paper is focused on providing a conceptual framework to explain the enhancing of one actor’s international reputation based on Peacekeeping missions and considering Andrew Guzman´s typology (2001; 2010; 2011). This theme is an important way of thinking political gains in terms of international competition not only because it elucidates states’ conditions for obtaining success but, also, how eligible they are for projecting themselves besides military strength. In addition, the effectiveness and compliance ratio, either for the Brazilian case or other emerging markets, are not clear to a great part of the analysts. So, under the soft or hard law, the intention is to make an archeology of the reputation model that is connected to political gains in the Brazilian contemporary case, as to expand its international reliability and promote economic odds.

Looking for trouble: A multilevel analysis of disagreeable contacts in online social networks

Identifying characteristics of troublemakers in online social networks, those contacts who violate norms via disagreeable or unsociable behaviour, is vital for supporting preventative strategies for undesirable, psychologically damaging online interactions. To date characterising troublemakers has relied on self-reports focused on the network holder, largely overlooking the role of network friends. In the present study, information was obtained on 5113 network contacts from 52 UK-based Facebook users (age range 13–45; 75% female) using digitally derived data and in-depth network surveys. Participants rated their contacts in terms of online disagreement, relational closeness and interaction patterns. Characteristics of online troublemakers were explored using binary logistic multilevel analysis. Instances of online disagreement were most apparent in the networks of emerging adults (19–21 years). Contacts were more likely to be identified as online troublemakers if they were well connected within the network. Rates of offline and Facebook exchanges interacted such that contacts known well offline but with low rates of Facebook communication were more likely to be identified as troublemakers. This may indicate that users were harbouring known troublemakers in a bid to preserve offline relationships and reputational status. Implications are discussed in terms of an individual's susceptibility to undesirable encounters online.

Why Tu Youyou Makes Less Money Than Zhang Ziyi?

Scientists normally earn less money than many other professions which require a similar amount of training and qualification. The economic theory of marginal utility and cost-benefit analysis can be applied to explain this phenomenon. Although scientists make less money than entertainment stars, the scientists do research work out of their interest and they also enjoy a much higher reputation and social status in some countries.

A STUDY OF CHILDREN’S BEHAVIOUR IN RELATION TO FAMILY ENVIRONMENT AND TECHNOLOGICAL EXPOSURE AT PRE PRIMARY STAGE

The present study to assesses the impact of family structure, family environment and technology exposure on the behaviour of children at pre primary stage. 400 students from four schools of Jalandhar city (India) were selected on the basis of their family structure, reputation and socio-economic status as the sample for the study. Family environment scale by Bhatia and Chadha (1993) was used to measure the family environment of the students. Technology exposure inventory was prepared by the investigator to measure the technology exposure of the students. Eyberg's Child Behaviour Inventory (1998) was employed to measure the behaviour of the children. A 2X2X2 factorial design was employed for data analysis. The findings of the study reveal that children living in joint families show better behaviour and have less behavioural problems than children living in nuclear families. Child behaviour is better in families with good family environment than in families with poor family environment. The behaviour of children is better in families with less than 2 hours of technological exposure than in family with more than 2 hours of technological exposure. Children belonging to joint family and poor family environments and who were more exposed to technology were found to have more problems than children belonging to good family environment with less exposure to technology in joint as well as nuclear families.

Effects of Testosterone Administration on Strategic Gambling in Poker Play.

Testosterone has been associated with economically egoistic and materialistic behaviors, but -defensibly driven by reputable status seeking- also with economically fair, generous and cooperative behaviors. Problematically, social status and economic resources are inextricably intertwined in humans, thus testosterone’s primal motives are concealed. We critically addressed this issue by performing a placebo-controlled single-dose testosterone administration in young women, who played a game of bluff poker wherein concerns for status and resources collide. The profit-maximizing strategy in this game is to mislead the other players by bluffing randomly (independent of strength of the hand), thus also when holding very poor cards (cold bluffing). The profit-maximizing strategy also dictates the players in this poker game to never call the other players’ bluffs. For reputable-status seeking these materialistic strategies are disadvantageous; firstly, being caught cold bluffing damages one’s reputation by revealing deceptive intent, and secondly, not calling the other players’ bluffs signals submission in blindly tolerating deception. Here we show that testosterone administration in this game of bluff poker significantly reduces random bluffing, as well as cold bluffing, while significantly increasing calling. Our data suggest that testosterone in humans primarily motivates for reputable-status seeking, even when this elicits behaviors that are economically disadvantageous.

The psychology of psychic distance: Antecedents of asymmetric perceptions

Already on its introduction into the international business literature, the concept of ‘psychic distance’ implied asymmetry in the distance perceptions between country pairs, a characteristic corroborated in subsequent empirical studies. However, predominant empirical operationalizations and their theoretical underpinnings assume psychic distances to be symmetric. Building on insights from psychology and sociology, this paper demonstrates how national factors and cognitive processes interact in the formation of asymmetric distance perceptions. The results suggest that exposure to other countries through emigrants and imports of cultural goods and services have asymmetric effects on psychic distance perceptions. The size of these effects appears to vary with the size of the home country – smaller countries tend, on average, to perceive psychic distances to the rest of the world as smaller than do bigger ones. The reputational status of target countries relative to that of the home country is found to have a non-linear, asymmetric effect on distance perceptions.