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Essays on supplier responsiveness and buyer firm value - Nyenrode ...

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een m<strong>on</strong>itored to make sure they gave the most accurate reply possible. However, since it was an<br />

Internet survey, we were able to look at whether informants rapidly clicked through a survey by<br />

examining the time it took them to complete the survey <strong>and</strong> whether they just choose <strong>on</strong>e opti<strong>on</strong> as an<br />

answer throughout the survey. Hence, we removed those resp<strong>on</strong>ses that had resp<strong>on</strong>ses that had <strong>on</strong>e<br />

resp<strong>on</strong>se filled throughout the questi<strong>on</strong>naire. For example, if resp<strong>on</strong>dents just choose the opti<strong>on</strong> 1 for<br />

all the answers. This, as a result, reduces the potential CMV bias in our sample resp<strong>on</strong>se.<br />

Two comm<strong>on</strong> survey procedures that were particularly pr<strong>on</strong>e to CMV are single-point format<br />

(i.e., using a five- or seven-point scale throughout the survey) <strong>and</strong> comm<strong>on</strong> scale anchors (for<br />

example, 1= str<strong>on</strong>gly agree <strong>and</strong> 5= str<strong>on</strong>gly disagree). For the first c<strong>on</strong>cern, we had to make a trade off<br />

<strong>and</strong> accept a single point format almost throughout the survey. There were two main reas<strong>on</strong>s for our<br />

decisi<strong>on</strong>, such as time c<strong>on</strong>cerns (i.e., since we needed a number of questi<strong>on</strong>s answered in a limited<br />

amount of time <strong>and</strong> the use of a different point format would increase the amount of time required per<br />

survey filling) <strong>and</strong> the fact that our use of panel data would significantly increase the per resp<strong>on</strong>se<br />

cost. For the comm<strong>on</strong> scale anchors, we decided to use different terminology throughout the survey,<br />

hence reducing the error caused by these anchors (Rindfleisch et al., 2009).<br />

Marketing has lower CMV error than other social science disciplines (Rindfleisch et al., 2009).<br />

CMV is a cause for c<strong>on</strong>cern because it reduces the researchers’ ability to correctly critically infer<br />

informati<strong>on</strong> from the data (Rindfleisch et al., 2009). Specifically, it increases the probability of type I<br />

<strong>and</strong> type II errors.<br />

One important way in which comm<strong>on</strong> method variance increases is as the level of c<strong>on</strong>struct<br />

abstracti<strong>on</strong> increases (Rindfleisch et al., 2009). Some scholars have suggested a three-level tax<strong>on</strong>omy<br />

for categorizing the level of c<strong>on</strong>struct abstracti<strong>on</strong> (Crampt<strong>on</strong> & Wagner, 1994; Rindfleisch et al.,<br />

2009). The first <strong>and</strong> least abstract levels of c<strong>on</strong>structs are those that can be externally verified, for<br />

example, advertising expenditure. The sec<strong>on</strong>d <strong>and</strong> middle level of abstracti<strong>on</strong> are the outer expressi<strong>on</strong><br />

of internal states. For example, <strong>firm</strong> experience in high technology markets. The third <strong>and</strong> most<br />

abstract level is an internal state, such as customer satisfacti<strong>on</strong>. Based <strong>on</strong> this tax<strong>on</strong>omy, we have <strong>on</strong>e<br />

variable that is at the most abstract level (i.e., <strong>buyer</strong> satisfacti<strong>on</strong>); we have two variables that are<br />

moderately abstract (i.e., market orientati<strong>on</strong> <strong>and</strong> IdRR), <strong>and</strong> two variables that are at the least abstract<br />

level (i.e., <strong>supplier</strong> br<strong>and</strong> <strong>value</strong> <strong>and</strong> <strong>buyer</strong> <strong>firm</strong> <strong>value</strong>). Therefore, we tried to find existing scales<br />

wherever possible, as they have been tried <strong>and</strong> tested, <strong>and</strong> help minimize any fears of CMV error in<br />

our study.<br />

2.4.2 Sample<br />

Table 2.12 provides a descripti<strong>on</strong> of the sample. Our sample was collected by using the GMI <strong>on</strong>line<br />

panel <strong>and</strong> we received a resp<strong>on</strong>se rate of 6% in the United States. Firms were chosen <strong>on</strong> the basis of<br />

whether they were situated in the United States. Whenever possible we tried to collect <strong>firm</strong>s that were<br />

publically listed. Although the <strong>firm</strong>s in our sample have a variety of products <strong>and</strong> have had<br />

relati<strong>on</strong>ships that range from transacti<strong>on</strong>al to strategic in nature, we <strong>on</strong>ly investigated their strategic<br />

relati<strong>on</strong>ships. The sample frame was comprised of 164 purchasing managers of strategic products. We<br />

sent out the questi<strong>on</strong>naire via email to the GMI panel in three waves according to D<strong>on</strong>ney <strong>and</strong> Can<strong>on</strong>’s<br />

(1997) recommendati<strong>on</strong>s. Specifically, the entire list (N=2800) was mailed a questi<strong>on</strong>naire <strong>and</strong> a letter<br />

requesting their participati<strong>on</strong> <strong>and</strong> <strong>on</strong>e week later, a reminder was sent via email to those participants<br />

who had not resp<strong>on</strong>ded. A total of 194 resp<strong>on</strong>ses were received; of that total, 164 were finally used in<br />

our analysis. Thirty were discarded because they were incomplete or incorrectly filled. For instance,<br />

55

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