E-commerce entrepreneurship as a national priority: the case of Thailand

Thailand has been one of the most successful developing countries. This progress came to a sudden halt in 1997 when the Asian financial crisis hit this country. Thailand responded by creating a favourable environment for business incubation as a high priority at the national government level. The purpose of this paper is to provide an overview of the steps taken by the Thai government to encourage e-commerce entrepreneurship as a key component of its successful reaction to the economic crisis of 1997 and e-service as a source for its future national competitiveness.     

Redistribution,trade and corruption: an empirical assessment

ABSTRACT

This article explores the role of institutional quality in the trade and inequality nexus. Does corruption shape the relationship between trade and inequality through its impact on redistribution? Our answer to this question builds on the hypothesis that trade raises inequality and that governments may want to intervene through appropriate redistribution schemes that aim at taxing the gains from trade in a way that offsets the negative effects of trade on inequality. Moreover, we argue that this mechanism may be distorted by corruption and bad institutions in general. Quite to the contrary to common wisdom, we find that trade reduces inequality in countries with high institutional standards by means of a low level of corruption but increases inequality in countries with low levels of institutional quality.     

Deregulation in Australia,by design or default

This article traces the debate on the deregulation of telecommunications in Australia from initial private sector lobbying in 1977. Although the recommendations of the Davidson Report were seemingly sunk by the defeat of the Fraser government in 1983, the authors believe that the Labor government's commitment to monopoly public sector telecommunications may give way to deregulation by default under increasing fiscal restraint and private sector demands.     

Correction to: The development of delinquency during adolescence: a comparison of missing data techniques revisited

Quality & Quantity -     

Film-induced tourist motivations. The case of Seville (Spain)

Tourists' attraction to filmed sites has increased destination marketing organisations (DMOs) interest in film-induced tourism. Seville, Spain, has been the setting of many national and international film productions. Film tourism research has focused on impacts, travel preferences and destination choice, but there is a lack of research on motivations of film tourism. As a consequence, DMO actions in film tourism are often developed ad hoc, in an unplanned and opportunistic way without understanding the phenomenon. This research tries to fill this gap by focusing on film tourism in Seville in order to identify film tourists' motivations. Results identify film tourism activity and find five motivations of the film-induced tourist in Seville: film site experiences, fantasy, novelty, touring the film and personal film-location connection. Results show films add something valuable to destination experience (as a secondary or tertiary attraction). Destination managers should consider novelty factor as an element to enhance tourist experience, especially for non-European ones as well as for female tourists and tourist above 25 years, to motivate a slightly positive site experience.     

Do Family Firms’ Specific Governance Mechanisms Moderate the Cost of Debt?

This study considers whether the specific governance mechanisms of Spanish family firms decrease their debt cost. We explore the idea of reducing debt costs through specific governance mechanisms of family firms, such as the business succession plan, the family council, as well as other traditional mechanisms like the board of directors. Because most corporate governance research has focused on larger firms, more research on smaller privately held family firms is necessary. For this empirical research, we used a sample of 281 small and medium‐sized family firms. The results show that the implementation of a business succession plan not only serves to solve family conflicts and to plan the business succession but also moderates the cost of financing. Our results confirm that credit institutions receive a positive signal when family firms implement business succession plans as governance mechanisms, reducing both family opportunism and asymmetries of information, influencing risk analysts in their decision‐making processes.     

Nonlinear Structural Equation Models with the Theory of Planned Behavior: Comparison of Multiple Group and Latent Product Term Analyses

Nonlinear relationships in structural equation analysis became moreinteresting for applied researchers since the implementation of nonlinearconstraints in software programs (i.e., LISREL). This article provides acomprehensive application of the expectancy × value part of the Theory of Planned Behavior (Ajzen, 1991) including interactions of latent variables.The main purpose of the study is to overcome limitations of similarprevious analyses of Baumgartner and Bagozzi (1995) and Yang Jonsson (1997,1998) with an empirical example from representative survey data. Nonlinearrelationships of the theories' constructs (Attitude toward the behavior, subjectivenorm and perceived behavioral control) are analyzed one upon another withmultiple group comparisons and latent interaction models. Results confirmthe strategy to use multiple group techniques for preliminary analyses(i.e., detection of an interaction effect). With latent interaction models thestrength and the significance of the interaction is estimated under controlfor random measurement error. Parameters, standard errors, andgoodness-of-fit statistics are compared between three estimationtechniques (ML, GLS and WLS). Multiple group analyses and latentinteraction modeling detect a significant interaction for perceivedbehavioral control but not for attitude toward the behavior and subjective norm. Variations of the estimators of the perceived behavioral controlsubmodel is proved by bootstrapping. Further model improvements andalternative model techniques are discussed in the final chapter.