The paper investigates the impact of human capital efficiency (HCE) on equity funds' performance during three stages of the COVID-19 pandemic. We collected data for 799 open-ended equity funds across five
countries and ranked them in five categories of HCE and compare their risk-adjusted performance across these categories. The results suggest that during the COVID-19 outbreak, the equity funds that were ranked higher in HCE outperformed their counterparts. We suggest that fund managers should invest in human capital to improve funds’ coping ability and resilience during periods of extreme stress.
Purpose
This research aims to examine the co-production of a product as a source of psychological well-being for consumers.
Design/methodology/approach
A quantitative experimental study on the theme of cosmetics products was conducted using a sample of 844 women. It comprised three scenarios corresponding to low (finished products), intermediate (products sold in kits) and high (the purchase of cosmetic ingredients) co-production.
Findings
The results show that co-producing an offer is a source of psychological well-being. This effect can be explained by an increase in perceived benefits and perceived value.
Originality/value
The finding of interest for management is the identification of factors that improve individuals’ psychological well-being.
Les risques psychosociaux (RPS), globalement, recouvrent des risques professionnels de nature et d’origines variées. Ils peuvent altérer l’intégrité physique et la santé mentale des salariés. Les RPS ont un impact sur le bon fonctionnement et la performance des entreprises. Après certaines notions comme le leadership, la motivation ou l’implication, la notion de bien-être au travail est une piste intéressante pour tenter de réduire ce risque. Une des difficultés actuelles réside dans notre capacité à le mesurer objectivement. Cet article s’intègre dans une étude plus large. Il propose de visiter deux concepts clés : les risques psychosociaux et le bien-être au travail. En outre, il présente une étude exploratoire qui débouche sur la mise en évidence des dimensions qui composent le bien-être au travail. Chacune peut être considérée comme un axe de prévention des risques psychosociaux.
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