Ethnic minority consumers' responses to sales promotions in the packaged food market

Many scholars have stressed the significance of understanding ethnic minority subcultures and the associated cultural dimension for marketing. Most of the previous research involving ethnic minority consumers has largely focused on coupon usage and remains North American in origin and application. Also, previous research emphasises the short-term nature of sales promotions, ignoring their dynamic effects in specific consumption settings such as the family. The paper explores ethnic consumers' responses to different sales promotional formats for packaged food products in family settings. Face-to-face in-depth interviews were conducted in original settings involving ethnic participants who regularly shopped at mainstream supermarkets, and who were the principal grocery shoppers for the family. Findings suggest that sales promotions have the potential to make consumers more responsive, less responsive or even hostile to sales promotional offers and while some promotions are better perceived than others, their overall effectiveness is largely determined by their “net-worth” as perceived by ethnic consumers in a given shopping situation. The paper discusses implications for retailers, particularly for those having store locations in market areas with high concentrations of ethnic consumers.     

Riding the typhoon: the HR response to the economic crisis in Hong Kong

The financial crisis that hit Asia in 1997 was the economic equivalent of a typhoon. It came suddenly, leaving much destruction in its wake, in the form of bankruptcies and business closures, retrenchment, wage cuts and ultimately high unemployment. Much has been written about the financial, economic and social ramifications of the crisis. This paper takes a critical look at the human resource practices adopted by an industry that appears to have been particularly affected by the subsequent economic downturn – the hotel industry. We consider how managers responded to the economic turbulence by confronting the apparently dichotomous pressures of tightening structure and managerial control, on the one hand, and the need to permit the flexibility that would facilitate change and innovativeness, on the other. Findings from a sample of hotels suggest that, while managers recognize the need to allow flexibility that would foster employee creativity, there remain deep-seated cultural and other factors that militate against such flexibility. This casts doubt on the organizations' ability to generate and sustain employee creativity and a climate in which employees can respond to unexpected challenges as they struggle to satisfy equally unusual customer demands.     

Liberty,equality and consumerism in state education: exploring liberal angst under New Labour

This paper aims to explore aspects of consumerism in state secondary education in England, the dilemmas posed by the educational market‐place for a category we describe as the ‘resourced liberal egalitarians’ and the resolution of these dilemmas offered by the actions of prominent Labour Party parents‐as‐consumers. Having outlined the individual and societal significance of education, the ideological and ‘economic’ dimensions of educational consumption are explored in order to locate the category ‘resourced liberal egalitarians’. This group's dilemmas are then explained in the context of the strengthening of the market principle and the polarizing of the market‐place within education. These together increase the stakes of protecting their own children's interests while simultaneously exacerbating the inegalitarian character of the education system, a situation which they find distasteful. The final section looks at how the actions of prominent Labour Party figures address this angst through their own actions as parent‐consumers of state education.     

Class,social deprivation and accounting education in Scottish schools: Implications for the reproduction of the accounting profession and practice

This paper investigates the links between class, deprivation and subject choice in the area of business studies, including Accounting and Economics, in Scottish secondary schools. Given the paucity of prior research, this study is necessarily exploratory but its findings will provide a basis for future research in Scotland and elsewhere. First, the literature on the link between deprivation and education is reviewed. Pierre Bourdieu's conceptualisiation of habitus, field and capital are introduced and provide the theoretical framework for the ensuing discussion. Second, the implications for accounting education at both school and university, and for the accountancy profession are examined. Third, the results of interviews, analysis of statistical data provided by the Scottish Government and the Scottish Qualifications Authority and two questionnaire surveys, one of Heads of Departments of Scottish secondary schools and the other of first year accounting students at Scottish universities, are reported in order to explore whether there are any indications of links between class, deprivation and subject choice in the area of business studies in Scottish schools. Finally, the implications of the research findings are discussed and conclusions offered.     

The integration–differentiation puzzle: a resource-capability perspective in international human resource management

This paper is concerned with the management of the human resource agenda in international business. It begins by examining the critical question of how to balance the organizational need for co-ordination and control (integration) at the centre and the increasing pressures for sensitivity and flexibility (differentiation) at the subsidiary or unit level. A resource-capability (RC) view is then offered to re-examine the integration–differentiation (IN–DI) debate, proposing how firms might resolve some of the dilemmas inherent in IN–Dl decisions by cultivating their stock of knowledge and expertise. This perspective also enables us to assess the underlying paradigmatic foundation upon which strategic decisions in international human resource management are based.     

State vs. market in search of good governance: The case of Sri Lanka telecommunications industry reforms

This research investigates the relationship between the state and the market under independent regulation that accompanied telecommunications‐sector reforms in Sri Lanka. It assesses whether the telecommunications regulator has been functioning in line with market principles. Building on the findings of an exploratory study undertaken for a doctoral degree in 2006–07, the study finds that the regulator has been performing under a plethora of constraints: institutionally, politically, legally, and socially. Institutionally, the regulator is affected by its own internal problems, a lack of capability and capacity, and a complexity created by the other agencies. Politicians have become exceptionally powerful, affecting every function of the regulator. Legal provisions have proven inadequate. Socially, regulatory functions are affected, causing delays. It is important to highlight the fact that these are interconnected; one creates or influences another. The findings suggest that the environment in which the regulator operates affects the credibility and effectiveness of a regulatory framework. The authors, with their extensive expertise, argue that such blockages could be overcome through various measures proposed in the conclusion. © 2010 Wiley Periodicals, Inc.     

Long-run stock performance following stock repurchases

Studies examining long-term performance after stock repurchases provide mixed results. I point out two substantive problems in samplings of early studies. First, we should distinguish whether or not firms actually repurchase shares following announcements of repurchase programs. Second, as some firms frequently announce repurchase programs, we should consider overlapping announcements during the performance estimation period to avoid any confounding effects. Using a sample that corrects for these problems and the calendar portfolio regression method, I find strong evidence that firms that announce repurchase programs infrequently and repurchase shares actually experience significant long-term abnormal returns. These findings provide an explanation of why some previous studies failed to find significant positive long-term performance.