This research explores firms' digital presence in an online interactive network. Anchored in the literature on firm engagement and firm-generated content, this study discusses and empirically examines the impact of managerial response to online reviews on future ratings. A big data approach coupled with text analytics is employed on a large field dataset to analyse both structured review/response metrics and unstructured response text. Results show that an increase in future review valence is positively associated with the intensity, promptness, and sentiment of managerial responses, and the magnitude of effects is contingent upon firms' rating status and market position. Mixed evidence is obtained for comprehensiveness and standardisation of response content. These findings reveal that the influence of firm engagement in the online review network is likely to be shaped by the goodwill signalled by managerial responses.
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Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R ChinaXi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
Li, Wanli
Lai, Yin
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Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
Xi An Jiao Tong Univ, Sch Management, 28 West Xianning Rd, Xian 710049, Shaanxi, Peoples R ChinaXi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
Lai, Yin
Wang, Chaohui
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Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R ChinaXi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
Wang, Chaohui
Tan, Bowen
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Cornell Univ, Dept Econ, New York, NY USAXi An Jiao Tong Univ, Sch Management, Xian, Peoples R China
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Ball State Univ, Miller Coll Business, Dept Finance & Insurance, Muncie, IN 47306 USABall State Univ, Miller Coll Business, Dept Finance & Insurance, Muncie, IN 47306 USA
Benson, Bradley W.
Chen, Yu
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Shanghai Jiao Tong Univ, Dept Accounting, Antai Coll Econ & Management, Shanghai, Peoples R ChinaBall State Univ, Miller Coll Business, Dept Finance & Insurance, Muncie, IN 47306 USA
Chen, Yu
James, Hui L.
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Univ Texas Tyler, Dept Accounting Finance & Business Law, Tyler, TX 75799 USABall State Univ, Miller Coll Business, Dept Finance & Insurance, Muncie, IN 47306 USA
James, Hui L.
Park, Jung Chul
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Univ S Florida, Muma Coll Business, Dept Finance, BSN3403, Tampa, FL 33620 USABall State Univ, Miller Coll Business, Dept Finance & Insurance, Muncie, IN 47306 USA
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Liaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R ChinaLiaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R China
Dai, Liyan
Song, Chengxuan
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China Investment Corp, Beijing, Peoples R ChinaLiaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R China
Song, Chengxuan
You, Yu
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Liaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R China
Liaoning Univ, Li Anmin Inst Econ Res, Shenyang, Peoples R ChinaLiaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R China
You, Yu
Zhang, Wenqiao
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Liaoning Univ, Li Anmin Inst Econ Res, Shenyang, Peoples R China
Liaoning Univ, Li Anmin Inst Econ Res, 66 Middle Chongshan Rd, Shenyang 110036, Peoples R ChinaLiaoning Univ, Sch Int Econ & Int Relat, Shenyang, Peoples R China