Methodology Development by George Chryssochoidis
Double Moderated Mediation Models: Problems and (Part) Remedies , Jan 3, 2017
Researchers in management regularly face modelling issues that involve double moderated mediation... more Researchers in management regularly face modelling issues that involve double moderated mediation models. Here, we illustrate how to conceptualise, specify and empirically estimate mediation effects when having to simultaneously account for continuous (Likert type) and nominal (i.e., group) moderator variables. Researchers' estimates of the mediation effects suffer serious bias due to the effects of unaccounted confounders. This is an issue that plagues management research and this work shows how to address these valid reservations for our focus models. In aiming to inform a wider management audience, we deliberately use the rich context of a focus case since this allows us to clarify the nuances that management researchers face applying double moderated mediation models. Specifically, our focus case is on professionals' willingness to implement a new government policy. We also combine traditional and Bayesian statistical approaches and explain the differences in estimation and interpretation that are associated with the Bayesian approach. Explaining, and exemplifying the use of, the models we focus on can substantially increase the robustness of the methods employed in management research and can considerably improve the quality of the generated theoretical insights. We also clarify important assumptions and solutions.
This study provides an example on how to conceptualize and estimate models when double moderated ... more This study provides an example on how to conceptualize and estimate models when double moderated mediation with nominal and continuous (Likert type) variables need to be simultaneously accounted for, and also how to appease reservations given the biases due to the implicit sequential ignorability assumption (endogeneity) regularly overseen in marketing research. We explain the issues and apply the proposed solution using empirical data.
The benefits for research are considerable as this approach is superior to other approaches (e.g. splitting the sample by the binary moderator and estimating a moderated mediation model) while also accounting for accounted confounders.
The aim of the present endeavor is to experiment regarding the further advancement of integrated
... more The aim of the present endeavor is to experiment regarding the further advancement of integrated
discrete choice and latent variable (ICVL) models using alternative factorial structures’
conceptualizations and do so at both Single Level (Level 0) but also Multilevel (ML-ICVL). In
doing, specific independent variables were selected that were amenable to alternative latent
variables’ conceptualization, including: a) 1st-order latent variables (1st-order factors) (FM;
FW), b) 1st-order latent variables (1st-order factors) (FM; FW) forming a 2nd-order factor (F), c)
Multi-level (two-level) factorial structures (FML0; FML1 and FWL0; FWL1), as well as d) Bi-
Factor factorial structures (FM; FW; FG). The results may be of use to researchers interested in
using valid, reliable, and accurate structures of latent variables in ICLV models. The results
confirm that alternative latent structures of divergent factorial nature exist for the same observed
variables, and may have different impact upon the dependent observed choice variable in the
ICLV models. Second, DCE utility is conceptualized and estimated at both Level 0 and Level 1
and the differences are demonstrated. Further evidence is provided regarding the treatment of
causal links as moderated versus sequential/mediated. The theoretical background, the
conceptualization of the different latent variables’ structures and alternative models, the content
of the study, the model estimations, the results and discussions follow in turn.
Marketing & Innovation Management by George Chryssochoidis
This study identifies the effect of adaptive capability in the competitive strategy – performance... more This study identifies the effect of adaptive capability in the competitive strategy – performance. Results suggest that adaptive capability exercises a handling grip on competitive strategy and is more important than competitive strategy per se for superior performance although it simultaneously undertakes additional secondary roles reinforcing innovation competitive strategy for innovation related outcomes. Adaptive capability in small firms reflects managerial proficiency for competitive actions while offsetting at the same time, through attenuation, the adverse impact of their limited resources.
Although experience shows that the exporter and importer jointly contribute towards the attainmen... more Although experience shows that the exporter and importer jointly contribute towards the attainment of competitive advantage, past studies have separately examined export-related characteristics or import barriers. This article identifies a subset of critical factors that illustrate how the exporter–importer (EI) dyad creates and maintains competitive advantage.
Journal of Product Innovation Management, 1998
Journal of Product Innovation Management, 2000
Offering a standardized product for different country markets may enable companies to accomplish ... more Offering a standardized product for different country markets may enable companies to accomplish fast product development and multicountry rollout, whereas also enjoying substantial cost benefits. However, not all manufacturers serving multicountry markets can adopt a standardized product strategy. Where technological requirements, standards, and approval procedures vary substantially across countries, manufacturers invariably must adapt the product's technology to fit individual country requirements. Extensive customization may lead to longer new product development and rollout times and increase the likelihood of delays in the entire project, hence adversely affecting overall new product outcome.
International Journal of Manufacturing Technology and Management, Vol. 2, Y: 000-000, 2000
European Journal of Innovation Management, 2000
Little research has focussed on launch of service innovations across international markets. The d... more Little research has focussed on launch of service innovations across international markets. The determinants of timeliness (conversely, delays) in the launch of service innovations across multiple country markets has equally received little attention in the literature. This paper reports on the findings of an exploratory case-based research investigation into service innovations launched by Cypriot financial institutions across three or more
International Journal of New Product Development and Innovation Management. Vol. 3, (September-October). , 2001
EuroMed Journal of Business, Vol. 3 (2): 202-222, 2008
Agricultural Economics Review, Vol. 4, 1: 47-62, , 2003
Journal of Food Products Marketing, Vol. 6 (3): 17-30, 2000
The Internet has been recognized as a powerful new information exchange and sales channel and it ... more The Internet has been recognized as a powerful new information exchange and sales channel and it is expected to transform the rules of the game in international business for food products. Sufficient and adequate information related to company products is a component of fundamental importance regarding the powerful presence of a company in the web. The important question that remains to be answered though regards the profile of companies in food sectors considered as of lower internationalization compared to higher internationalization sectors. We contrasted five sectors of the lowest and five sectors of the highest internationalization. The five low internationalization industries selected were all in the food industry: preserved fruits and vegetables, dairy products, grain mill products, beverages and other food products. The five high-internationalization industries included: photographic equipment, computers, electronic components, communications equipment and motor vehicles. The 283 web-sites of companies in these sectors were evaluated (131 sites of food companies and 152 sites of companies operating in high internationalization industries) following a comprehensive procedure through the use of the Yahoo web-search engine (www.yahoo.com). The results show a statistically significant difference between high and low internationalization sectors for 14 different variables relevant to product presence in the Internet. Companies in low internationalization sectors (that is firms in food sectors) have an inferior product presence in the web compared to companies in sectors of higher internationalization. The implications for theory and management practice are analyzed and discussed.
Journal of Customer Relationship Management, Vol. 2, 1: 51-58., 1999
Journal of International Food and Agribusiness Marketing, Vol 8, 2: 23-47. , 1996
This study draws its conceptual roots from the export marketing literature. The research question... more This study draws its conceptual roots from the export marketing literature. The research questions investigated here concern the charactcristics of strategic action of major Greek exporters of manufactured food with respect to key competitive dimensions in the food industry environment, how these characteristics relate to each other and what their effect is upon export "success." The exports of the four most prominent Greek exporters of manufactured food are examined and an exploratory qualitative methodology is followed. Important findings emerge. They provide indications about the nature of export strategy of Greek food manufacturers and the resulting type of export competitive advantage. A link between the nature of their export "success" and the problems of export competitiveness of the wider Greek food manufacturing industry is also provided. Weaknesses of the followed strategies are identified and suggestions are made.
Journal of Global Marketing, Vol 10, 1: 7-31
This paper examines the transformation of export product portfolios of highly successful exporter... more This paper examines the transformation of export product portfolios of highly successful exporters. Food manufacturers from a developing country (Greece) are investigated. Using an in-depth exploratory design involving a limited number of cases, it looks more precisely at the composition of product portfolio at initiation and development of exports, new product development for exports and export product elimination. Among the main findings, the foreign (FMD) versus domestic (DMD) market dependence of the focus exporters had a major effect in the transformation of the export product portfolios, FMD exporters carried out adaptations to a greater extent and developed more products than DMD exporters. Small FMD exporters seemed to lag in export product innovativeness and initiated exports with lower differentiation-pricate label in contrast with DMD firms which developed exports with higher differentiation own branded products. Furthermore, new product development for exports was irregular and diverged from formal incremental development. Last, but not least, export product elimination is much different from its counterpart in domestic marketing. Six different categories of export elimination may be distinguished. Five incidents of export product elimination falling in three categories were identified. Precipitating circumstances varied for each category. Fourteen propositions are forwarded for futher investigation.
Agribusiness, 2008
Purpose -The purpose of this paper is to further develop the extant export problems literature by... more Purpose -The purpose of this paper is to further develop the extant export problems literature by focusing on a context that has attracted limited attention so far, namely the wine sector. The objective is to examine empirically Greek wine firms' perceptions of the factors that may impede their export activities. Design/methodology/approach -Primary data were gathered from 110 wine firms that responded to a battery of exporting problem items. A combination of exploratory, confirmatory and cluster analyses were employed to classify and profile firms according to their perceptions about the frequency of export problems. Findings -Three clearly distinct clusters were formed. The results indicate that export problems are likely to occur in firms that are more passive in terms of export activities than in firms that adopt active and competitive export postures.
Euromed Journal of Business, 2008
Purpose -The purpose of this paper is to further develop the extant export problems literature by... more Purpose -The purpose of this paper is to further develop the extant export problems literature by focusing on a context that has attracted limited attention so far, namely the wine sector. The objective is to examine empirically Greek wine firms' perceptions of the factors that may impede their export activities. Design/methodology/approach -Primary data were gathered from 110 wine firms that responded to a battery of exporting problem items. A combination of exploratory, confirmatory and cluster analyses were employed to classify and profile firms according to their perceptions about the frequency of export problems. Findings -Three clearly distinct clusters were formed. The results indicate that export problems are likely to occur in firms that are more passive in terms of export activities than in firms that adopt active and competitive export postures.
British Food Journal, 2009
Purpose -The concept of "traceability as a strategy and mandatory initiative" has replaced that o... more Purpose -The concept of "traceability as a strategy and mandatory initiative" has replaced that of "traceability as a cost of a business or as a voluntary responsibility". This implies that the introduction of a traceability system should be perceived and positioned as a catalyst for better business practices. However, despite these benefits, a traceability system is also investment-worthy. Hence, the value of investment in a traceability system constitutes a matter of considerable concern and debate for both practitioners and academics alike. This paper seeks to present a cost-benefit evaluation applied in a natural mineral water company regarding the pilot deployment of an electronic-based traceability system. Design/methodology/approach -This is a case based study. Findings -Based on the experience described previously, a high-level framework is generated that any organisation can refer to as a proper guideline in order to demonstrate how the costs and benefits can be compared for overall evaluation of the deployment of any traceability system. The details of the framework are described by applying it to a specific case. Practical implications -The present framework has theoretical interest for replicability in a different number of food sectors. Originality/value -The paper contributes to closing the existing gap regarding the theoretical approach that food traceability systems can adopt when their costs and benefits are investigated.
Strategic Change, Vol. 9, 6: 379-395, 2000
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Methodology Development by George Chryssochoidis
The benefits for research are considerable as this approach is superior to other approaches (e.g. splitting the sample by the binary moderator and estimating a moderated mediation model) while also accounting for accounted confounders.
discrete choice and latent variable (ICVL) models using alternative factorial structures’
conceptualizations and do so at both Single Level (Level 0) but also Multilevel (ML-ICVL). In
doing, specific independent variables were selected that were amenable to alternative latent
variables’ conceptualization, including: a) 1st-order latent variables (1st-order factors) (FM;
FW), b) 1st-order latent variables (1st-order factors) (FM; FW) forming a 2nd-order factor (F), c)
Multi-level (two-level) factorial structures (FML0; FML1 and FWL0; FWL1), as well as d) Bi-
Factor factorial structures (FM; FW; FG). The results may be of use to researchers interested in
using valid, reliable, and accurate structures of latent variables in ICLV models. The results
confirm that alternative latent structures of divergent factorial nature exist for the same observed
variables, and may have different impact upon the dependent observed choice variable in the
ICLV models. Second, DCE utility is conceptualized and estimated at both Level 0 and Level 1
and the differences are demonstrated. Further evidence is provided regarding the treatment of
causal links as moderated versus sequential/mediated. The theoretical background, the
conceptualization of the different latent variables’ structures and alternative models, the content
of the study, the model estimations, the results and discussions follow in turn.
Marketing & Innovation Management by George Chryssochoidis
The benefits for research are considerable as this approach is superior to other approaches (e.g. splitting the sample by the binary moderator and estimating a moderated mediation model) while also accounting for accounted confounders.
discrete choice and latent variable (ICVL) models using alternative factorial structures’
conceptualizations and do so at both Single Level (Level 0) but also Multilevel (ML-ICVL). In
doing, specific independent variables were selected that were amenable to alternative latent
variables’ conceptualization, including: a) 1st-order latent variables (1st-order factors) (FM;
FW), b) 1st-order latent variables (1st-order factors) (FM; FW) forming a 2nd-order factor (F), c)
Multi-level (two-level) factorial structures (FML0; FML1 and FWL0; FWL1), as well as d) Bi-
Factor factorial structures (FM; FW; FG). The results may be of use to researchers interested in
using valid, reliable, and accurate structures of latent variables in ICLV models. The results
confirm that alternative latent structures of divergent factorial nature exist for the same observed
variables, and may have different impact upon the dependent observed choice variable in the
ICLV models. Second, DCE utility is conceptualized and estimated at both Level 0 and Level 1
and the differences are demonstrated. Further evidence is provided regarding the treatment of
causal links as moderated versus sequential/mediated. The theoretical background, the
conceptualization of the different latent variables’ structures and alternative models, the content
of the study, the model estimations, the results and discussions follow in turn.
The four performed experiments and ANOVA analyses demonstrate an underlying psychological mechanism, explained below.
Results show that the healthiness of the added food ingredient (AFI) does not matter if the food base is healthy, and consumers' calorie estimates of the augmented packaged food product are accurate. When, however, the food base is unhealthy, and the AFI is healthy, consumers underestimate the new product calories. This underestimation effect increases further when the healthy ingredients multiply. This underestimation effect endures when these ingredients are presented in visual form, but it becomes smaller when these ingredients are presented in verbal form. A justification mechanism is relevant.
Further research should test across the broader range of the food product matrix. There is a great diversity of AFI presentations and further research may deal with the impact of AFI of these different forms on consumers’ calorie estimation and healthiness perceptions. Research may also test sensory-arousing mechanisms that can help understand how consumer perceive the calories of the augmented food. Adding functional type ingredients and in non-food product categories should also be researched.
Our findings suggest that consumers should be cautious of the judgment bias caused by the presence of an AFI on food packages, and raise their awareness regarding nutrition implications and dietary effects.
From the perspective of food manufacturers, adding healthy AFI to unhealthy base foods although may increase consumers’ purchase intention and bring higher profits, may not be sustainable as a marketing strategy in the long-term and has immediate ethical implications.
Policymakers should introduce voluntary schemes to monitor and restrict the improper presentation of AFIs, aiming to rule out the abuse of healthy AFIs on unhealthy packaged food.
Our work offers three major original and valuable contributions. It explains the effects of AFIs on calorie estimation and consumer healthiness perceptions in a context not studied before, namely packaged food products. Next, it advances the literature on consumer judgment error and heuristics concerning product package attributes. Since adding ingredients is integral to product line extension decisions, our results also clarify how marketing can safeguard firm social responsibility in combating obesity.
The modelling advances formal representations of renovation decisions by including background conditions of domestic life to which renovating is an adaptive response. Path analysis confirms that three conditions of domestic life are particularly influential on renovation decisions: balancing competing commitments for how space at home is used; signaling identity through homemaking activities; and managing physical vulnerabilities of household members. These conditions of domestic life also capture the influence of property characteristics (age, type) and household characteristics (size, composition, length of tenure) on renovation decisions but with greater descriptive realism.
Multivariate probit models are used to provide rigorous, transparent and analytically tractable representations of the full renovation decision process. Model fits to the representative national sample of UK homeowners are good. The modelling shows that renovation intentions emerge initially from certain conditions of domestic life at which point energy efficiency is not a distinctive type of renovation. The modelling also shows clearly that influences on renovation decisions change through the decision process. This has important implications for policy and service providers. Efficiency measures should be bundled into broader types of home improvements, and incentives should target the underlying reasons why homeowners decide to renovate in the first place.