Journal article
Urban Liveability and CEO Turnover: Evidence from Chinese Firms
Singapore Economic Review, Vol.70(5), pp.1441-1463
2025
Abstract
This paper investigates the impact of product-related experience on consumers' perception of their knowledge about extended warranties for automobiles in Germany and its implications for sustainability. Utilizing a structural equation model and analyzing data from 467 participants, the study explores the influence of general self-confidence and product-related experience on both subjective and objective knowledge. The empirical findings highlight that while high general self-confidence and product-related experience significantly shape participants' subjective knowledge, they do not have a similar impact on objective knowledge. Notably, previous possession, representing the highest level of product-related experience, emerges as the primary influencing factor on participants' subjective knowledge. Surprisingly, subjective and objective knowledge does not significantly influence participants' willingness to pay. The analysis presented in this paper underscores the importance of understanding the distinction between self-perceived knowledge and objective knowledge, particularly concerning extended warranties for automobiles and the need for accurate knowledge dissemination to inform sustainable consumer choices.
Details
- Title
- Urban Liveability and CEO Turnover: Evidence from Chinese Firms
- Authors
- Sajid Anwar (Author) - University of the Sunshine Coast, Queensland, School of Business and Creative IndustriesBeibei Hu (Author) - Shanghai University of International Business and EconomicsLiping Li (Author) - Zhejiang Shuren UniversityKai Wang (Author) - Shanghai University of Finance and Economics
- Publication details
- Singapore Economic Review, Vol.70(5), pp.1441-1463
- Publisher
- World Scientific Publishing Co. Pte. Ltd.
- Date published
- 2025
- DOI
- 10.1142/S0217590824500012
- ISSN
- 1793-6837
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre
- Language
- English
- Record Identifier
- 991003698302621
- Output Type
- Journal article
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- Collaboration types
- Domestic collaboration
- International collaboration
- Web Of Science research areas
- Economics