PurposeBased on a personality-behavior-outcome framework, this study analyzes how entrepreneurs' dual narcissism (i.e. narcissistic admiration and rivalry) affects new venture growth (NVG) through learning from entrepreneurial failure (LFEF) and discusses the moderating effect of personal initiative on the relationship between dual narcissism and LFEF.Design/methodology/approachA total of 294 entrepreneurs from different cities and industries in China were selected as the research sample. The mediation effect was examined using the PROCESS macro, and the moderation effect was tested via hierarchical regression analysis.FindingsThis study found that narcissistic admiration positively affected NVG, while narcissistic rivalry had the opposite effect. LFEF mediated the relationships between narcissistic admiration/rivalry and NVG. In addition, the effects of narcissistic admiration and rivalry on LFEF were moderated by personal initiative.Practical implicationsThe findings suggest that entrepreneurs with narcissistic rivalry should deliberately regulate their cognition of failure and strengthen their learning from failure. Moreover, entrepreneurship education mentors should emphasize cultivating and guiding entrepreneurs' personal initiative in the context of frustration education. In addition, venture capitalists can consider incorporating the personality traits (i.e. dual narcissism and personal initiative) of entrepreneurs into the investment decision-making index system.Originality/valueThis study advances the relationship between narcissism and performance through the perspective of dual narcissism and provides a learning theory perspective for analyzing the narcissism–performance relationship. Moreover, by exploring the moderating role of personal initiative, this study enriches the understanding of the conditional factor that affects the ability to learn from failure.
Donors often experience donation regret caused by charity wrongdoings and mismanagement, which will reduce future donation willingness. The literature has not fully delineated the underlying mechanism of donors’ response to experienced regret. The effective advertising appeal and message framing which could be used to mitigate the detrimental impact of experienced donation regret also remain unknown. This research dissects the impact of experienced regret on donation willingness by revealing the mediational effect of anticipated regret and the moderating role of advertising appeal (altruistic vs. egoistic) and message framing (gain- vs. loss-framed). The findings of two studies demonstrate that experienced regret negatively influences donation willingness through anticipated regret. Compared with egoistic appeals, altruistic appeals are more effective in extenuating the impacts of experienced regret. Gain-framed (compared with loss-framed) messages better mitigate anticipated regret and result in a higher level of willingness to donate. In addition to theoretical contributions, actionable practical implications are discussed.
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