Payoffs for layoffs? An examination of CEO relative pay and firm performance surrounding layoff announcements

In this study, we theorize that chief executive officers’ (CEOs’) peer pay comparisons influence their decisions to engage in layoffs, and we consider the conditions under which layoffs deliver “payoffs” in the form of increases in subsequent CEO relative pay. Our results indicate that CEOs receiving compensation below their peers are significantly more likely to announce layoffs in the subsequent year, relative to those receiving compensation above their peers. Further, we find that the relationship between layoffs and subsequent changes in CEO relative pay depends on postlayoff changes in firm performance, with CEOs in firms with the largest performance gains receiving the largest increases in relative pay. We also show that our results are robust to an alternative operationalization of CEO relative pay. We provide evidence that external social comparisons may have predictable consequences for both CEOs’ propensities to engage in particular strategic actions and future changes in CEOs’ relative pay.     

Cosmetic surgery and the relationship between appearance satisfaction and extraversion: Testing a transactional model of personality

Few studies have tested potential explanatory mechanisms for the high stability of extraversion. In this study, the relationship between extraversion, appearance evaluation, and cosmetic surgery was investigated to examine such mechanisms. The “Big Five” personality traits were assessed in 155 female cosmetic surgery patients prior to and 6 months after surgery, as well as from a representative sample of 907 women. Patients showed higher extraversion scores prior to surgery than were found in the representative sample; further, extraversion scores increased after surgery, while the increase diminished when controlled for appearance evaluation. The results are in accordance with a transactional model, whereby extraverts engage in actions that reinforce extravert tendencies, which may account for the high stability of extraversion.     

Development and validation of the verbal commentary on physical appearance scale: Considering both positive and negative commentary

Two studies describe the development and validation of the Verbal Commentary on Physical Appearance Scale (VCOPAS). In Study 1, 320 undergraduate female students completed the scale and factor analyses were conducted. Study 2 included 246 undergraduate female students and a confirmatory factor analysis (CFA) replicated the initial factor structure. The final VCOPAS consists of 21 items and contains three subscales (Negative Weight and Shape, Positive Weight and Shape, and Positive General Appearance). The total scale and subscales demonstrated good internal consistency and test–retest reliability (all >.70). Significant correlations were found between VCOPAS subscales and measures of physical appearance-related feedback, body image disturbance, and self-esteem. Regression analyses indicated the utility of the Negative Weight and Shape, Positive Weight and Shape, and Positive General Appearance subscales in explaining significant variance associated with body image disturbance and self-esteem. The VCOPAS is likely to be useful in future research examining the role of appearance-related commentary in the development and maintenance of body image dissatisfaction and eating disturbance.     

Personal and appearance-based rejection sensitivity in body dysmorphic disorder

Although rejection sensitivity may be an important feature of body dysmorphic disorder (BDD), no studies have examined rejection sensitivity in a clinical sample and compared types of rejection sensitivity in individuals with BDD. Personal and appearance-based rejection sensitivity scores in forty-six patients diagnosed with BDD were compared with published norms. Associations between rejection sensitivity, BDD severity, and other clinical variables were examined. Personal and appearance-based rejection sensitivity scores were 0.6 and 1.1 standard deviation units above published norms, respectively. Greater personal rejection sensitivity was associated with more severe BDD and depressive symptoms, poorer mental health, general health, and physical and social functioning. Greater appearance-based rejection sensitivity was associated with more severe BDD and depressive symptoms, and poorer general health. Appearance-based rejection sensitivity contributed more unique variance to BDD severity than personal rejection sensitivity did; however, personal rejection sensitivity contributed more unique variance to general health than appearance-based rejection sensitivity did.     

Exploring self-compassion as a refuge against recalling the body-related shaming of caregiver eating messages on dimensions of objectified body consciousness in college women

Guided by an overarching body-related shame regulation framework, the present investigation examined the associations between caregiver eating messages and dimensions of objectified body consciousness and further explored whether self-compassion moderated these links in a sample of 322 U.S. college women. Correlational findings indicated that retrospective accounts of restrictive/critical caregiver eating messages were positively related to body shame and negatively related to self-compassion and appearance control beliefs. Recollections of experiencing pressure to eat from caregivers were positively correlated with body shame and inversely associated with appearance control beliefs. Higher self-compassion was associated with lower body shame and body surveillance. Self-compassion attenuated the associations between restrictive/critical caregiver eating messages and both body surveillance and body shame. Implications for advancing our understanding of the adaptive properties of a self-compassionate self-regulatory style in mitigating recall of familial body-related shaming on the internalized body-related shame regulating processes of body objectification in emerging adulthood are discussed.     

Tattooing: An expression of uniqueness in the appearance domain

The study aimed to explore the motivations underlying the practice of tattooing. There were 100 participants: 50 (30 men, 20 women) with tattoos, and a comparison group of 50 non-tattooed individuals. Participants completed measures of appearance investment, distinctive appearance investment, and need for uniqueness. It was found that tattooed individuals scored higher than the comparison group on need for uniqueness, but not on the appearance investment measures. Among the non-tattooed, need for uniqueness predicted future likelihood of getting a tattoo, and this relationship was mediated by distinctive appearance investment. These results support our conceptualization of tattooing as an expression of uniqueness in the appearance domain.     

Mirror,mirror on the wall,who is the fairest dancer of them all? A naturalistic lens model study on the judgment of dance performance

Success as a dancer is closely associated with positive dance judgments by perceivers. Although dancers’ physical appearance (attractiveness, style) might affect dance judgments beyond dance-specific attributes (technique, expression), they have largely been unconsidered in previous studies. To contribute to a comprehensive explanation of real-life dance judgments, we applied the lens model, an approach explicitly developed to explain the emergence of social judgments by multiple attributes. Therefore, video-records of 70 solo performances were (1) rated regarding dancers’ physical appearance, technique, and expression and (2) judged by 33 perceivers. Results of cross-classified mixed-effects models revealed that attributes of all domains were significantly related to dance judgements. Considered simultaneously, however, only dance-specific attributes contributed to the prediction of dance judgments. Additional moderation analyses underscored the importance of perceivers’ expertise in judging dance. We discuss the lens model as suitable framework for a naturalistic approach to the study of aesthetic experiences and sports performances.     

The Relative Importance of Self-Focused and Society-Focused Values in Explaining Political Attitudes in Europe

Personal values predict political attitudes. Previous research in the United States suggests that so-called “society-focused” personal values such as universalism or conservation do so more than “self-focused” values such as self-direction and power. This study seeks to test the relevance of this distinction in a different context with four political attitudes using the European Social Survey. Three mechanisms are suggested to explain effects of self-focused values on political attitudes. Although society-focused values were generally found to be more important in predicting political attitudes, self-focused values made a significant and often substantial contribution. On average, self-focused values were able to predict around half of the variance in political attitudes that society-focused values were. Power in particular played a role in predicting political attitudes, especially support for economic redistribution. Further analyses support the ideas that (1) even the most self-focused value (i.e., hedonism) can play a relevant role in predicting political attitudes, and (2) self-interest may play a role in explaining the effect of self-focused values on political attitudes. Together, these findings highlight that a priori excluding self-focused values from analyses of political attitudes—as studies have done in the past—may lead to important effects being overlooked.     

Psychometric and information processing properties of selected response time models

This paper discusses the compatibility of some response time (RT) models with psychometric and with information processing approaches to response times. First, three psychometrically desirable properties of probabilistic models for binary data, related to the principle of specific objectivity, are adapted to the domain of RT models. One of these is the separability of item and subject parameters, and another is double monotonicity. Next, the compatibility of these psychometric properties with one very popular information processing approach, the serial-additive model, is discussed. Finally, five RT models are analyzed with respect to their compatibility with the psychometric properties, with serial-additive processing and with some alternative types of processing. It is concluded that (a) current psychometric models each satisfy one or more of the psychometric properties, but are not (easily) compatible with serial-additive processing, (b) at least one serial-additive processing model satisfies separability of item and subject parameters, and (c) RT models will more easily satisfy double monotonicity than the other two psychometric properties.     

A technique for the nonmetric analysis of paired comparisons of psychological intervals

A nonmetric coordinate adjustment technique is developed which determines scale values for objects whose interobject intervals (differences in subjective value) have been directly compared. In Monte Carlo simulations, the degree of metric determinancy of the scale values is shown to be quite high even when the amount of error is relatively high. This robustness under high-error conditions permitted the analysis of individual subject data in experiments on the direct comparison of loudness differences and loudness ratios where only one judgment per interval comparison was obtained per subject.This research was supported by a grant from the National Research Council of Canada.