Browsing by Author "Meggiorin, Katia"

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    How Regulations and Consumers’ Perceptions Moderate the Impact of Airbnb on Real Estate Prices
    (Academy of Managemetn, 2024-01-24) Meggiorin, Katia; Moschieri, Caterina; https://ror.org/02jjdwm75
    The sharing economy facilitates private transactions among individuals and is thought to increase the demand for and the price of the resources transacted. This study focuses on Airbnb and real estate prices. It explores whether consumers’ perceptions, specifically about spanner hosts—firms that shift properties from the long-term rental market onto the Airbnb platform, spanning the two markets—contribute to the increase of real estate prices attributable to the sharing economy. Using longitudinal data of Airbnb hosts in 10 major U.S. cities over seven years, we discover that spanning firms (and not individuals listing only one property) are responsible for the price increase of real estate properties. We also find that this increase can be weakened by changes in consumers’ perceptions and the regulation of the sharing economy—that separate the spanner host category from other categories in the industry (e.g., the individuals listing only one property). Finally, we find that the moderating effect of regulations is associated with changes in consumers’ perceptions of the typical sharing economy host when the regulation change is discussed, not with regulation enforcement. The more consumers become aware of spanners on Airbnb, the less those spanners affect the real estate prices, even before the law is enforced.
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    Publication
    Measuring Organizational Legitimacy in Social Media: Assessing Citizens’ Judgments With Sentiment Analysis
    (SAGE Publications Ltd, 2018) Etter, Michael; Colleoni, Elanor; Illia, Laura; Meggiorin, Katia; D’Eugenio, Antonio; Carlsberg Foundation; UniCredit ; https://ror.org/02jjdwm75
    Conventional quantitative methods for the measurement of organizational legitimacy consider mainly three sources that make judgments about organizations visible: news media,accreditation bodies,and surveys. Over the last decade,however,social media have enabled ordinary citizens to bypass the gatekeeping function of these institutional evaluators and autonomously make individual judgments public. This inclusion of voices beyond functional and formally organized stakeholder groups potentially pluralizes the ongoing discussions about organizations. The individual judgments in blogs,tweets,and Facebook posts give indication about the broader fit between an organization’s perceived behavior and heterogeneous social norms and therefore constitute an indicator of organizational legitimacy that can be accessed and measured. We propose the use of social media data and sentiment analysis to study the affect-based responses to organizational actions by citizens. We critically discuss and compare the method with existing quantitative methods for legitimacy measurement and apply them to a recent case in the banking industry. We discuss the value of the method for studying the process of legitimacy construction as the expression and negotiation of normative judgments about organizations by various evaluators. © 2017,© The Author(s) 2017.