Articles producció científica> Gestió d'Empreses

Combining fsQCA and PLS-SEM to assess policyholders’ attitude towards life settlements

  • Identification data

    Identifier: imarina:9322005
    Authors:
    Andrés-Sánchez JDPuchades LGV
    Abstract:
    Life settlements (LSs) can be considered a novel and innovative financial asset in countries where they are not yet established. This paper aims to assess the attitude (ATT) of policyholders towards participating in LSs in such countries by evaluating various variables: performance expectancy (PE), expected easiness (EE), social influence (SI), perceived ethical problems (EP), and bad feelings (BF) that may arise from this type of transaction. To achieve this goal, a questionnaire was administered to 89 individuals in Spain who possessed extensive knowledge of financial and insurance matters. The data analysis employed fuzzy set qualitative comparative analysis (fsQCA) as the basis, supplemented by partial least squares-structural equation modelling (PLS-SEM). The fsQCA results enabled the identification of policyholder profiles associated with the acceptance or rejection of LSs. Meanwhile, PLS-SEM provided insights into the net strength and statistical significance of the impact of each variable on ATT. Methodologically, this study demonstrates that fsQCA is valuable in constructing a reliable and concise framework for subsequent PLS-SEM estimation. A significant practical implication of this research is the importance of the interaction between PE and SI in the successful development of LS markets. A positive perception of financial advisors regarding these agreements emerges as a crucial factor in market growth. Moreover, the study reveals that EP and BF may significantly influence resistance towards LSs.
  • Others:

    Author, as appears in the article.: Andrés-Sánchez JD; Puchades LGV
    Department: Gestió d'Empreses
    URV's Author/s: De Andrés Sànchez, Jorge
    Keywords: Technology acceptance model Pls-sem Life settlements Fsqca
    Abstract: Life settlements (LSs) can be considered a novel and innovative financial asset in countries where they are not yet established. This paper aims to assess the attitude (ATT) of policyholders towards participating in LSs in such countries by evaluating various variables: performance expectancy (PE), expected easiness (EE), social influence (SI), perceived ethical problems (EP), and bad feelings (BF) that may arise from this type of transaction. To achieve this goal, a questionnaire was administered to 89 individuals in Spain who possessed extensive knowledge of financial and insurance matters. The data analysis employed fuzzy set qualitative comparative analysis (fsQCA) as the basis, supplemented by partial least squares-structural equation modelling (PLS-SEM). The fsQCA results enabled the identification of policyholder profiles associated with the acceptance or rejection of LSs. Meanwhile, PLS-SEM provided insights into the net strength and statistical significance of the impact of each variable on ATT. Methodologically, this study demonstrates that fsQCA is valuable in constructing a reliable and concise framework for subsequent PLS-SEM estimation. A significant practical implication of this research is the importance of the interaction between PE and SI in the successful development of LS markets. A positive perception of financial advisors regarding these agreements emerges as a crucial factor in market growth. Moreover, the study reveals that EP and BF may significantly influence resistance towards LSs.
    Thematic Areas: Strategy and management Marketing Management Economics and econometrics Economics Economia Ciencias sociales Business and international management Business
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: jorge.deandres@urv.cat jorge.deandres@urv.cat
    Author identifier: 0000-0002-7715-779X 0000-0002-7715-779X
    Record's date: 2024-08-03
    Papper version: info:eu-repo/semantics/publishedVersion
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: European Research On Management And Business Economics. 29 (2): 97-108
    APA: Andrés-Sánchez JD; Puchades LGV (2023). Combining fsQCA and PLS-SEM to assess policyholders’ attitude towards life settlements. European Research On Management And Business Economics, 29(2), 97-108. DOI: 10.1016/j.iedeen.2023.100220
    Article's DOI: 10.1016/j.iedeen.2023.100220
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2023
    Publication Type: Journal Publications
  • Keywords:

    Business,Business and International Management,Economics,Economics and Econometrics,Management,Marketing,Strategy and Management
    Technology acceptance model
    Pls-sem
    Life settlements
    Fsqca
    Strategy and management
    Marketing
    Management
    Economics and econometrics
    Economics
    Economia
    Ciencias sociales
    Business and international management
    Business
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