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The literature of CEO succession in family firms has long been accumulating but the findings are still inconclusive. Some question the performance implication of CEO origin while others suggest the importance of the contextual approach to the post-succession performance effects. Drawing from the agency and socioemotional wealth perspectives on the micro-foundation of firm strategy, this study aims to revisit the family successor effect on the post-succession exploratory ventures, and how this relationship is conditioned by individual-, board-, and organizational-level factors. In a sample of 487 CEO succession of Taiwan family firms in traditional industries over the period of 2001~2013, the empirical results show that family CEOs are more exploratory-oriented than non-family CEOs. However, relay succession or family involvement in board negatively moderates family CEO effect on a focal firm's pursuit of exploratory ventures. Also, the post-succession exploratory strategy is more significant among firms of larger size. This study contributes to the family business literature by clarifying the mixed findings with greater attention to the behavioral side of successions. [ABSTRACT FROM AUTHOR]

Online group buying, which is a system that provides daily discounts for various services and products, is a new form of marketing at the junction of promotion and pricing that has attracted the attention of both practitioners and academia. It allows strangers to unite in order to buy products at cheaper prices and has gained exponential growth in online sales worldwide. Consumers are more likely to trust group-buying if they perceive fairness. The words of others may influence members' decisions of group-buying; this study investigates the two-level hierarchical relations between the individual perception and group climate, utilizing hierarchical regression analysis of the data from 221 respondents. The results indicate that at the individual level, buyers' perceptions of fairness positively influenced trust; their perceptions of the usefulness and ease of use also had positive effects on their attitudes. At the group level, it was shown that a critical mass could influence attitudes and intentions. [ABSTRACT FROM AUTHOR]