Prof Arvid Hoffmann

Professor of Marketing

School of Marketing

College of Business and Law

Eligible to supervise Masters and PhD - email supervisor to discuss availability.


I am a Professor of Marketing at Adelaide Business School. Before moving to Australia, I was a faculty member at Maastricht University, the Netherlands.My research interests are interdisciplinary and bridge the fields of marketing and finance. As a primary research interest, I aim to better understand the interactions between capital and consumption markets. I combine primary and secondary data to unravel how marketing actions and investments drive financial market outcomes, and vice versa. As a secondary research interest, I seek to better understand how individuals make (complex) financial decisions, such as investment choices.I have published in leading journals in marketing, finance, and economics including the Journal of Marketing (A*, FT50), Journal of the Academy of Marketing Science (A*, FT50), Journal of Retailing (A*), International Journal of Research in Marketing (A*), European Journal of Marketing (A*), Marketing Letters (A), Journal of Banking and Finance (A*), Journal of Economic Behavior and Organization (A*), Journal of Consumer Affairs (A), and Journal of Business Research (A).To potential PhD and MPhil applicants: Please email me your CV and identify a common research interest from reading my key papers so that I will know whether I am the best suited supervisor for you.

Date Position Institution name
2017 - ongoing Professor of Marketing University of Adelaide
2015 - 2016 Associate Professor of Finance Maastricht University
2007 - 2015 Assistant Professor of Finance Maastricht University

Date Type Title Institution Name Country Amount
2016 Research Award Emerald Outstanding Paper Award International Journal of Bank Marketing - -
2015 Teaching Award Excellent Graduate Educator Award Maastricht University Netherlands -
2013 Research Award Emerald Outstanding Paper Award International Journal of Bank Marketing - -
2009 Teaching Award Excellence in Teaching Award Maastricht University Netherlands -
2008 Research Award Small Scale Research Grant Maastricht University Netherlands -

Language Competency
Dutch; Flemish Can read, write, speak, understand spoken and peer review
English Can read, write, speak, understand spoken and peer review
German Can read, write, speak, understand spoken and peer review

Date Institution name Country Title
2004 - 2007 University of Groningen Netherlands PhD
1999 - 2003 University of Groningen Netherlands MSc

Date Title Institution name Country
2010 University Teaching Qualification Maastricht University Netherlands
2008 Course on Supervision of PhD Students Maastricht University Netherlands
2008 Course on Problem-Based Learning Maastricht University Netherlands

Year Citation
2026 Zou, Y., Matthews, D., Rao Hill, S., & Hoffmann, A. O. I. (2026). Doing good but feeling bad: How checkout donation requests might backfire for retailers by eliciting negative emotional and cognitive consumer response. Journal of Retailing and Consumer Services, 90, 104673.
DOI
2025 Broihanne, M. H., Plotkina, D., Kleimeier, S., Göritz, A. S., & Hoffmann, A. O. I. (2025). How COVID-19 illness perceptions and individual shocks are associated with trust during the COVID-19 pandemic in Australia, France, Germany, and South Africa. Health Policy, 151, 9 pages.
DOI Scopus3 WoS3 Europe PMC1
2025 Broihanne, M. H., Plotkina, D., Kleimeier, S., Göritz, A. S., & Hoffmann, A. O. I. (2025). Corrigendum to “How COVID-19 illness perceptions and individual shocks are associated with trust during the COVID-19 pandemic in Australia, France, Germany, and South Africa” [Health policy (2024) 105178] (Health policy, (S016885102400188X), (10.1016/j.healthpol.2024.105178)). Health Policy, 151, 1 page.
DOI
2025 Silber, D., Hoffmann, A., & Belli, A. (2025). Embracing AI advisors for making (complex) financial decisions: an experimental investigation of the role of a maximizing decision-making style. International Journal of Bank Marketing, 43(6), 1325-1346.
DOI Scopus1 WoS2
2025 Gerrans, P., Hoffmann, A. O. I., McNair, S. S. J., & Pallant, J. (2025). More than Objective Knowledge: Exploring Heterogeneity in Consumer Response to a Financial Education Initiative Across Multiple Domains of Financial Literacy. Pacific-Basin Finance Journal, 90, 15 pages.
DOI Scopus2 WoS1
2024 Schomburgk, L., Belli, A., & Hoffmann, A. O. I. (2024). Less cash, more splash? A meta-analysis on the cashless effect. Journal of Retailing, 100(3), 382-403.
DOI Scopus10 WoS8
2024 Saleem, A., Barbera, F., B. de Jong, S., & Hoffmann, A. (2024). The Role of Emotional Labor and Display Latitude in Preserving Socioemotional Wealth in Family Businesses. Journal of Family Business Strategy, 15(3), 20 pages.
DOI Scopus3 WoS3
2024 Silber, D., Hoffmann, A. O. I., & Belli, A. (2024). When “good enough” is not good enough: How maximizing benefits financial well‐being. Psychology & Marketing, 41(2), 308-442.
DOI Scopus7 WoS7
2024 Dodd, T., Cheong, C., Hoffmann, A., & Zurbrugg, R. (2024). Toward sustainable automobility: Insights from a stewardship literature review of the industry. Business Strategy and the Environment, 33(6), 5028-5050.
DOI Scopus5 WoS4
2024 D'Hondt, C., Roger, P., Hoffmann, A. O. I., & Plotkina, D. (2024). Is There a Gender Gap in the Birthday-Number Effect? The Case of Lotto Players and the Role of Sequential Choice. JOURNAL OF GAMBLING STUDIES, 40(3), 25 pages.
DOI
2024 Hoffmann, A. O. I., Cheong, C. S., Phan, H. -L., & Zurbruegg, R. (2024). So, Sue Me…If You Can! How Legal Changes Diminishing Managers' Risk of Being Held Liable by Shareholders Affect Firms' Likelihood to Recall Products. Journal of Marketing, 88(5), 89-110.
DOI Scopus2 WoS2
2024 Plotkina, D., Hoffmann, A. O. I., Roger, P., & D'Hondt, C. (2024). Gender vs. personality: The role of masculinity in explaining cognitive style. JOURNAL OF BEHAVIORAL AND EXPERIMENTAL FINANCE, 44, 9 pages.
DOI Scopus1 WoS1
2023 Roger, P., D'Hondt, C., Plotkina, D., & Hoffmann, A. (2023). Number 19: Another Victim of the COVID-19 Pandemic?. Journal of Gambling Studies, 39(3), 1417-1450.
DOI Scopus3 WoS2 Europe PMC1
2023 Schomburgk, L., & Hoffmann, A. (2023). How mindfulness reduces BNPL usage and how that relates to overall well-being. European Journal of Marketing, 57(2), 325-359.
DOI Scopus56 WoS48
2023 Hentzen, J. K., Hoffmann, A. O. I., & Dolan, R. M. (2023). The role of digital technology in communication and information flow in the Australian Superannuation industry. Australian Journal of Management, 49(4), 031289622311702.
DOI Scopus3 WoS2
2023 Kleimeier, S., Hoffmann, A. O. I., Broihanne, M. H., Plotkina, D., & Göritz, A. S. (2023). Determinants of individuals’ objective and subjective financial fragility during the COVID-19 pandemic. Journal of Banking and Finance, 153, 18 pages.
DOI Scopus25 WoS25 Europe PMC5
2023 Goyal, K., Kumar, S., & Hoffmann, A. (2023). The direct and indirect effects of financial socialization and psychological characteristics on young professionals' personal financial management behavior. International Journal of Bank Marketing, 41(7), 1550-1584.
DOI Scopus18 WoS14
2022 Hoffmann, A., Plotkina, D., Broihanne, M. -H., Göritz, A., & Kleimeier, S. (2022). Differences in and drivers of mental, social, functional, and financial well-being during COVID-19: Evidence from Australia, France, Germany, and South Africa.. PloS one, 17(10), 21 pages.
DOI Scopus9 WoS8 Europe PMC3
2022 Chan, R., Troshani, I., Rao Hill, S., & Hoffmann, A. (2022). Towards an understanding of consumers’ FinTech adoption: the case of Open Banking. International Journal of Bank Marketing, 40(4), 886-917.
DOI Scopus162 WoS110
2022 Hoffmann, A., Plotkina, D., Roger, P., & D’Hondt, C. (2022). Superstitious beliefs, locus of control, and feeling at risk in the face of Covid-19. Personality and Individual Differences, 196, 10 pages.
DOI Scopus25 WoS20 Europe PMC11
2021 Hentzen, J. K., Hoffmann, A. O. I., & Dolan, R. M. (2021). Which consumers are more likely to adopt a retirement app and how does it explain mobile technology‐enabled retirement engagement?. International Journal of Consumer Studies, 46(2), 23 pages.
DOI Scopus31 WoS26 Europe PMC1
2021 Cheong, C. S., Hoffmann, A. O. I., & Zurbruegg, R. (2021). Tarred with the Same Brush? Advertising Share of Voice and Stock Price Synchronicity. Journal of Marketing, 85(6), 118-140.
DOI Scopus17 WoS17
2021 Hoffmann, A. O., & Plotkina, D. (2021). Let your past define your future? How recalling successful financial experiences can increase beliefs of self-efficacy in financial planning. JOURNAL OF CONSUMER AFFAIRS, 55(3), 25 pages.
DOI Scopus12 WoS11
2021 Tomar, S., Baker, H. K., Kumar, S., & Hoffmann, A. O. I. (2021). Psychological determinants of retirement financial planning behavior. JOURNAL OF BUSINESS RESEARCH, 133, 432-449.
DOI Scopus78 WoS57
2021 Hoffmann, A., McNair, S., & Pallant, J. (2021). The financial vulnerability trap: using latent transition analysis to explore the dynamics of consumers' financial vulnerability over time. EUROPEAN JOURNAL OF MARKETING, 55(6), 1569-1593.
DOI Scopus19 WoS18
2021 Hoffmann, A. O. I., & Kleimeier, S. (2021). How do banks finance R&D intensive firms? the role of patents in overcoming information asymmetry✰. Finance Research Letters, 38, 1-9.
DOI Scopus8 WoS8
2021 Hoffmann, A. O. I., & Plotkina, D. (2021). Positive framing when assessing the personal resources to manage one's finances increases consumers' retirement self-efficacy and improves retirement goal clarity. PSYCHOLOGY & MARKETING, 38(12), 19 pages.
DOI Scopus31 WoS25
2021 Hentzen, J. K., Hoffmann, A., Dolan, R., & Pala, E. (2021). Artificial intelligence in customer-facing financial services: a systematic literature review and agenda for future research. International Journal of Bank Marketing, 40(6), 38 pages.
DOI Scopus155 WoS103
2020 Hoffmann, A. O. I., & Plotkina, D. (2020). Why and when does financial information affect retirement planning intentions and which consumers are more likely to act on them?. Journal of Business Research, 117, 411-431.
DOI Scopus45 WoS36
2020 Hoffmann, A. O. I., & Risse, L. (2020). Do good things come in pairs? How personality traits help explain individuals' simultaneous pursuit of a healthy lifestyle and financially responsible behavior. Journal of Consumer Affairs, 54(3), 1082-1120.
DOI Scopus25 WoS24
2019 Wies, S., Hoffmann, A., Aspara, J., & Pennings, J. (2019). Can Advertising Investments Counter the Negative Impact of Shareholder Complaints on Firm Value?. Journal of Marketing, 83(4), 58-80.
DOI Scopus48 WoS43
2019 Hoffmann, A., & McNair, S. (2019). How Does Consumers' Financial Vulnerability Relate to Positive and Negative Financial Outcomes? The Mediating Role of Individual Psychological Characteristics. Journal of Consumer Affairs, 53(4), 1630-1673.
DOI Scopus49 WoS40
2019 Hoffmann, A., & Kleimeier, S. (2019). Financial disclosure readability and innovative firms' cost of debt. International Review of Finance, 21(2), 699-713.
DOI Scopus29 WoS25
2018 Hoffmann, A., & Otteby, K. (2018). Personal finance blogs: helpful tool for consumers with low financial literacy or preaching to the choir?. International Journal of Consumer Studies, 42(2), 241-254.
DOI Scopus24 WoS24 Europe PMC3
2018 Gerhard, P., Gladstone, J., & Hoffmann, A. (2018). Psychological characteristics and household savings behavior: The importance of accounting for latent heterogeneity. Journal of Economic Behavior and Organization, 148, 66-82.
DOI Scopus57 WoS50
2018 Hoffmann, A. O., Kleimeier, S., Mimiroglu, N., & Pennings, J. M. (2018). The American Inventors Protection Act: A Natural Experiment on Innovation Disclosure and the Cost of Debt. International Review of Finance, 19(3), 641-651.
DOI Scopus9 WoS9
2017 Gerhard, P., Hoffmann, A., & Post, T. (2017). Past performance framing and investors’ belief updating: Is seeing long-term returns always associated with smaller belief updates?. Journal of behavioral and experimental finance, 15(September), 38-51.
DOI Scopus3 WoS4
2016 Hoffmann, A., & Post, T. (2016). How does investor confidence lead to trading?: linking investor return experiences, confidence, and investment beliefs. Journal of Behavioral and Experimental Finance, 12, 65-78.
DOI Scopus33 WoS30
2015 Hoffmann, A., & Ketteler, D. (2015). How experiences with trading a company’s stock influence customer attitudes and purchasing behavior. International Journal of Bank Marketing, 33(7), 963-992.
DOI Scopus9 WoS10
2015 Aspara, J., & Hoffmann, A. (2015). Cut your losses and let your profits run: how shifting feelings of personal responsibility reverses the disposition effect. Journal of Behavioral and Experimental Finance, 8, 18-24.
DOI Scopus28 WoS25
2015 Hoffmann, A., Post, T., & Pennings, J. (2015). How investor perceptions drive actual trading and risk-taking behavior. Journal of Behavioral Finance, 16(1), 94-103.
DOI Scopus103 WoS90
2015 Hoffmann, A., & Post, T. (2015). How return and risk experiences shape investor beliefs and preferences. Accounting & Finance, 57(3), 759-788.
DOI Scopus55 WoS49
2015 Aspara, J., Chakravarti, A., & Hoffmann, A. (2015). Focal versus background goals in consumer financial decision-making. European Journal of Marketing, 49(7/8), 1114-1138.
DOI Scopus16 WoS13
2015 Aspara, J., & Hoffmann, A. (2015). Selling losers and keeping winners: how (savings) goal dynamics predict a reversal of the disposition effect. Marketing Letters, 26(2), 201-211.
DOI Scopus13 WoS8
2014 Hoffmann, A., & Post, T. (2014). Self-attribution bias in consumer financial decision-making: how investment returns affect individuals’ belief in skill. Journal of Behavioral and Experimental Economics, 52, 23-28.
DOI Scopus46 WoS31
2014 Hoffmann, A., & Shefrin, H. (2014). Technical analysis and individual investors. Journal of Economic Behavior and Organization, 107(PB), 487-511.
DOI Scopus56 WoS49
2013 Hoffmann, A., Post, T., & Pennings, J. (2013). Individual investor perceptions and behavior during the financial crisis. Journal of Banking & Finance, 37(1), 60-74.
DOI Scopus280 WoS248
2013 Merrin, R., Hoffmann, A., & Pennings, J. (2013). Customer satisfaction as a buffer against sentimental stock-price corrections. Marketing Letters, 24(1), 13-27.
DOI Scopus15 WoS13
2013 Hoffmann, A., Henry, S., & Kalogeras, N. (2013). Aspirations as reference points: an experimental investigation of risk behavior over time. Theory and Decision, 75(2), 193-210.
DOI Scopus28 WoS25
2012 Hoffmann, A., & Birnbrich, C. (2012). The impact of fraud prevention on bank-customer relationships: an empirical investigation in retail banking. International Journal of Bank Marketing, 30(5), 390-407.
DOI Scopus208 WoS155
2012 Hoffmann, A., & Fischer, E. (2012). Behavioral aspects of covered call writing: an empirical investigation. Journal of Behavioral Finance, 13(1), 66-79.
DOI Scopus12 WoS10
2012 Hoffmann, A., Franken, H., & Broekhuizen, T. (2012). Customer intention to adopt a fee‐based advisory model. International Journal of Bank Marketing, 30(2), 102-127.
DOI Scopus8 WoS7
2011 Hoffmann, A., Pennings, J., & Wies, S. (2011). Relationship marketing's role in managing the firm-investor dyad. Journal of Business Research, 64(8), 896-903.
DOI Scopus19 WoS15
2011 Hoffmann, A., Tutic, A., & Wies, S. (2011). The role of educational diversity in investor relations. Corporate Communications: An International Journal, 16(4), 311-327.
DOI Scopus7 WoS5
2010 Hoffmann, A. O. I., & Broekhuizen, T. L. J. (2010). Understanding investors' decisions to purchase innovative products: Drivers of adoption timing and range. International Journal of Research in Marketing, 27(4), 342-355.
DOI Scopus42 WoS41
2009 Hoffmann, A. O. I., & Broekhuizen, T. L. J. (2009). Susceptibility to and impact of interpersonal influence in an investment context. Journal of the Academy of Marketing Science, 37(4), 488-503.
DOI Scopus71 WoS66
2007 Hoffmann, A. O. I., Jager, W., & Von Eije, J. H. (2007). Social simulation of stock markets: Taking it to the next level. JASSS, 10(2), 15 pages.
Scopus51 WoS40

Year Citation
2020 Hoffmann, A. O. I., & Plotkina, D. (2020). How does Providing Financial Information Impact Retirement Intentions? An Abstract. In Developments in Marketing Science: Proceedings of the Academy of Marketing Science (pp. 423-424). Springer International Publishing.
DOI
2015 Wies, S., Hoffmann, A. O. I., Aspara, J., & Pennings, J. M. E. (2015). The Influence of Shareholder Complaints on Companies’ Product-Advertising Investments. In L. Robinson (Ed.), Developments in Marketing Science: Proceedings of the Academy of Marketing Science (pp. 342-345). ACAD MARKETING SCIENCE.
DOI Scopus1
2014 Kalogeras, N., Hoffmann, A. O. I., & Mahr, D. (2014). Financial and non-financial attributes of pension fund structures: A customer perspective from the Netherlands. In The Routledge Companion to Financial Services Marketing (pp. 101-115).
DOI Scopus1

Year Citation
2022 Saleem, A., Barbera, F., Graves, C., & Hoffmann, A. (2022). What We Do For Love: Emotional Stewardship and Coping in Family Businesses. In Asia-Pacific Family Business Symposium 2022. Online.
2022 Saleem, A., Barbera, F., Graves, C., & Hoffmann, A. (2022). What We Do For Love: Emotional Stewardship and Coping in Family Businesses. In ANZAM Conference Proceedings. Gold Coast.
2020 Saleem, A., Graves, C., & Hoffmann, A. (2020). The Relationship between Socioemotional Wealth Goals’ Pursuit and Wellbeing in Family Businesses: A Self Determination Perspective. In Third Asia Pacific Family Business Symposium 2020: “Family Business: Challenges and Responses for the Next Decade”. Online.
2018 Saleem, A., Barbera, F., Hoffmann, A., & SB, D. J. (2018). The Study of Emotional labor in the Family Business Context. In IFERA 2018 Annual Conference: "Coping with Disruptions: Family Firm Continuity and Sustainability in Times of Rapid Change". Zwolle, The Netherlands.
2007 Hoffmann, A. O. I., & Jager, W. (2007). Agent-based computational finance: A practical application. In Proceedings of the 4th Conference of the European Social Simulation Association, ESSA 2007 (pp. 297-299).
2006 Hoffmann, A. O. I., Delre, S. A., Von Eije, J. H., & Jager, W. (2006). Stock price dynamics in artificial multi-agent stock markets. In Lecture Notes in Economics and Mathematical Systems Vol. 564 (pp. 191-201). Springer Berlin Heidelberg.
DOI Scopus3
2006 Hoffmann, A. O. I., Delre, S. A., Von Eije, J. H., & Jager, W. (2006). Artificial multi-agent stock markets: Simple strategies, complex outcomes. In Lecture Notes in Economics and Mathematical Systems Vol. 584 (pp. 167-176). Springer Berlin Heidelberg.
DOI Scopus14

Year Citation
- Saleem, A., Barbera, F., de Jong, S., & Hoffmann, A. (n.d.). Managing Emotional Minefields Within Family Businesses. Entrepreneur and Innovation Exchange (EIX.org).
DOI

Year Citation
2023 Gerrans, P., Hoffmann, A. O. I., McNair, S. S. J., & Pallant, J. (2023). More than Objective Knowledge: Exploring Heterogeneity in Consumer Response to a Financial Education Initiative Across Multiple Domains of Financial Literacy.
DOI

Date Role Research Topic Program Degree Type Student Load Student Name
2025 Co-Supervisor Unveiling the Power of Rituals: Exploring the Influence of Ritualistic Behavior on Consumers' Intention for Green consumption Doctor of Philosophy Doctorate Full Time Miss Ying Zou
2025 Co-Supervisor Unveiling the Power of Rituals: Exploring the Influence of Ritualistic Behavior on Consumers' Intention for Green consumption Doctor of Philosophy Doctorate Full Time Miss Ying Zou
2024 Co-Supervisor The role of identity in family firm succession Doctor of Philosophy Doctorate Part Time Mr Gary He
2024 Co-Supervisor The role of identity in family firm succession Doctor of Philosophy Doctorate Full Time Mr Gary He
2023 Co-Supervisor The impact of the Inevitable Disclosure Doctrine on firms' product recall decisions Doctor of Philosophy Doctorate Full Time Mr Hoang Long Bui
2023 Co-Supervisor The impact of the Inevitable Disclosure Doctrine on firms' product recall decisions Doctor of Philosophy Doctorate Full Time Mr Hoang Long Bui

Date Role Research Topic Program Degree Type Student Load Student Name
2022 - 2025 Principal Supervisor How and Why a Maximizing Decision-Making Style Affects Individuals' Financial Well-Being Doctor of Philosophy Doctorate Full Time Mr Dietrich Silber
2022 - 2025 Principal Supervisor Innovative Payment Methods and the Psychological Drivers of Consumer Spending Behaviour: Past, Present, and Future Doctor of Philosophy Doctorate Full Time Mr Lachlan Thomas Schomburgk
2020 - 2022 Principal Supervisor Technology-Facilitated Customer Engagement and Actor Networks in Financial Services - A Retirement Planning Perspective Doctor of Philosophy Doctorate Full Time Miss Janin Karoli Hentzen
2019 - 2021 Principal Supervisor Advancing the Understanding of Family Businesses’ Psychological Foundations Doctor of Philosophy Doctorate Full Time Miss Ayoosha Saleem
2018 - 2020 Co-Supervisor Open Banking: Does it Open up a New way of Banking?
A Case of Financial Technology Adoption from a Consumer's Perspective
Master of Philosophy Master Full Time Ms Rebecca Chan
2017 - 2021 Co-Supervisor Advertising's Financial Market Outcomes Doctor of Philosophy Doctorate Full Time Mr Shujie Liu

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