Ideologie vor Eigennutz?

The case study regards the question whether economic self-interests of publishers have a significant influence on the reporting of their own newspapers with regard to crucial topics touching those interests. The conflict about the minimum wage in the mailing business is scrutinized. The newspapers engaged in the mailing business are compared with those of independent newspapers without these interests. Because the political inclination of a newspaper, even beyond the self-interests of its publisher, affects the reporting of a conflict, newspapers with different political views are chosen among economically involved and uninvolved media companies. The study is based on the “public task” of press and researches, using a quantifying analysis of contents, relevance and plurality of conflict reports. The results show that in this case the basic political orientation of a newspaper had a significant influence on the portrayal of the conflict. An additional influence with regard to the economic self-interests could not be proven significantly. Ideology seems to be more important than self-interest. However in this case political orientation and economic self-interests harmonized. Therefore it is still relevant to study the role of economic interests for the realization of the “public task”.     

Growth and value hybrid valuation model based on mean reversion

This article proposes a novel valuation model, growth and value hybrid model, to estimate the stock price. This proposed model combines the essence of the asset-based approach, the income-based approach, and the principle of mean reversion to develop the theoretical closed-form formula consisting of three coefficients: value coefficient, value support coefficient and growth coefficient. Regression analysis is employed to fit market data to determine these coefficients. Moreover, this study proposes the double sorting method to build the quantile regression models of the formula to estimate the stock price at a specific quantile. The results show that the predictive capability of the hybrid valuation model is superior to the model without using value support coefficient, which supports the assumption that the PBR is not associated with the ROE when the ROE is less than a threshold. In different time periods of the stock market, no significant difference exists on the value support coefficient. However, the variations of the value coefficient and the growth coefficient are significant.     

Modeling religious involvement: a qualitative integration based on female role visualization consumption

The application of religious symbolism is important in the evolution of medical consumption. Chinese religious belief integrates concepts of Buddhism, Daoism, and Confucianism. People personify god and goddess’ characters in religious stories which influence our ideal personality in reality. According to the Match-up Hypothesis in medical product advertising, female role portrayal in patriarchal society involves the blending of beautification ritual, utilizing the marketed product, with idealized female beauty into a package intended to provide the best possible match with the prevailing ideal. Due to the influence of traditional sex stereotypes in eastern or western societies, such female portrayals provide culturally reasonable advertisements of the value of products being displayed for visualization consumption. This ideology is part of the moral fabric of society and reveals a possible social collective consciousness. The authors adopt five dimensions of religious involvement (DRI—Ideology, Ritualistic, Experiential, Consequential, and Intellectual) to explain a process of portrayals visualization and discuss the template image orientation for presenting product information in the marketplace. This study proposes the female role visualization consumption (FRVC) model to identify different elements of female role evolution stemming from religious ideology.     

Provision of a pure local public good in a spatial model with many jurisdictions

This paper examines the provision of a pure local public good in jurisdictions that are spaced evenly along an infinite line. Each jurisdiction either supplies the local public good, or else its residents travel to another jurisdiction to consume the local public good. The equilibrium spacing between jurisdictions which supply the local public good, which can be uneven (varying between a minimum spacing and a maximum spacing for given exogenous parameters), can be greater than, equal to, or less than the socially optimal spacing.     

Stereotype Processing's Effect on the Impact of the Myth/Fact Message Format and the Role of Personal Relevance

This research examines the effectiveness of the myth/fact message format (MFMF)—a message format that first presents a common misperception as a myth then counters it with a correcting fact—within the health‐care and social marketing context of mental illness (MI). Stereotype processing theory predicts that the use of a negative aspect of the stereotype in a MFMF may further instantiate the negative belief, thereby reducing the effectiveness of the message. Conversely, using a message format that conveys only facts (i.e., new positive beliefs) without inclusion of the myth will lead to more positive attitudes. However, this effect will only be seen among people with personal relevance with MI as only they are sufficiently motivated to suppress the automatically activated stereotype and elaborate on the message. A study demonstrates that advertising utilizing a fact‐only format leads to more positive attitudes than the MFMF among people with personal relevance while people without personal relevance to MI demonstrate no differences in attitude between myth/fact and fact‐only message formats. Personal relevance had the opposite moderating effect on perceived learning. These findings suggest that the MFMF's impact on attitudes, the typical focal point of social marketing campaigns targeting misconceptions about stereotyped groups, may be ineffective. Thus, using a fact‐only format that conveys new positive beliefs in a social marketing message is recommended within the specific context of MI and may be warranted in other health‐care and social issues.     

Effects of Personal Characteristics on Materiality Decisions: A Multivariate Analysis

In an effort to contribute to improved audit efficiency and quality, an experiment was administered to 596 CPAs to study the potential effects on materiality judgments of auditors' personal characteristics. A multivariate analysis indicates that age and place of employment can affect materiality decisions, while years of external auditing experience, place of employment, frequency of materiality decisions, and gender may affect confidence in materiality decisions.     

On Hofstede's treatment of Chinese and Japanese values

Hofstede has identified four important work-related values, but he imposes his mental programming on the interpretation of other cultures, which are qualitatively different from those on which he relies to develop his constructs. This criticism is evidenced by Hofstede's treatment of Chinese and Japanese values. This paper discusses the treatment along the four value dimensions: power distance, uncertainty avoidance, individualism and masculinity, and their integration. The paper concludes that Hofstede's analysis of Chinese and Japanese values is inadequate because Japanese and Chinese (including people in Taiwan, Hong Kong and Singapore) may either have different interpretations of the same value scale, or have other value dimensions not tapped by Hofstede's value framework.     

Restructuring and Workplace Unionism at Manchester Airport

This paper provides evidence from empirical case-study research into the impact of compulsory competitive tendering on workplace union organization among the baggage-handling workforce at Manchester Airport. It documents the main processes of development within an historical context, assessing the strengths and weaknesses of workplace unionism during the 1980s, the recent challenge posed by managerial restructuring in the early 1990s, and the wider implications for debates about the 'state' of workplace unionism in Britain today.
Compared with the union resilience displayed by the baggage handlers during the 1980s, the nature of shop-stewards' organization appears to have changed drastically to managemenťs advantage during the last few years. However, continuing underlying tensions in worker-management relations suggest that this situation may not necessarily amount to a fundamental and irreversible transformation in the nature of workplace unionism in the manner in which those who use the vocabulary of the 'New Industrial Relations' would suggest.