Managing organizational diversity: Observations from cross-border acquisitions

This article examines the processes used over the course of a decade by a European firm managing organizationally diverse acquisitions. The parent company used various human resource management and structural approaches that tolerated diversity while allowing for learning to occur within parent and acquired firms. The parent also provided opportunities for the acquired firms to find their own approaches to working together and integrating, rather than imposing any particular approach on the acquired firms. © 1993 by John Wiley & Sons, Inc.     

Giorgio Riello. A Foot in the Past: Consumers, Producers and Footwear in the Long Eighteenth Century

Through a case study of London's footwear trades, Giorgio Rielloventures to establish the interrelationship of consumption,retailing, and production in the (very) long eighteenth century.Documenting continuity and change from the 1650s to the 1890s,he addresses such disparate themes as fashion history, consumerism,retailing, urban and architectural history, credit and capital,craft organization, and industrialization. Riello succeeds admirablyin demonstrating that productive change is inextricably relatedto both consumption and distribution. And, he makes compellingclaims for     

EXAMINATION OF A PATH MODEL RELATING INFORMATION TECHNOLOGY INFRASTRUCTURE WITH FIRM PERFORMANCE

This article draws on the resource‐based view of the firm to investigate the mechanisms through which information technology (IT) impacts firm performance. Research suggests that the relationship between IT and firm performance may be both direct and indirect. In this study, a path model is tested that proposes a firm's IT infrastructure resources as having both a direct impact on organizational performance, as well as an indirect effect that is propagated through its impact on an intermediate organizational resource, a firm's logistics information system (LIS). The results suggest that positive firm performance may be derived directly from an organization's superior IT infrastructure, as well as indirectly, through its enabling impact on LIS's. These findings contribute to our understanding of the nature of the relationship between IT and firm performance by exploring the value of IT at both the process and organizational levels.     

Reflections Upon the Experience of Longitudinal Research into Cultural Event Production in a Developing Destination

Longitudinal studies have the capacity to provide more nuanced explanations of tourism and event phenomena, taking account of complexity, change and context. This paper is a self‐reflexive, methodological study of research practice. It investigates my experience of engaging with cultural event producers in an emerging destination over a seven‐year period. Focussing on my research journey, it considers the social and relational dynamics associated with longitudinal research. Reciprocal relations and co‐production of cultural events reveal nuanced information and expose fluid relationships and networks. Long‐term engagement uncovers evolving practices and develops understanding of event processes embedded within their wider context. Copyright © 2015 John Wiley & Sons, Ltd.     

In search of lost leisure: the impact of caregiving on leisure travel

One of the fastest growing market segments of the tourism industry over the last two decades is made up of consumers 55 years of age and older. As we enter the new millennium, over 50 million of these “mature adults” will find themselves on the edge of retirement, equipped with the freedom and financial means to travel, but restricted by a loved one who may become ill or disabled. The purpose of this study was to explore the impact of caregiving on the leisure travel behaviors of family caregivers and their care-recipients. Qualitative data collection and analysis methods were employed. In addition to identifying impediments (physical, social, emotional) to pursuing or maintaining leisure travel for caregivers of older adults, the qualitative analysis yielded other emergent themes such as changes in patterns and types of leisure travel, entitlement, resentment, and anger. Implications and recommendations for researchers and practitioners are included.     

Optimal growth with many consumers

A method is described for constructing all Pareto-optimal allocations for a dynamic economy with many heterogeneous consumers, under certainty, in which both the technology and consumer preferences are recursive but preferences need not be additively separable over time. Optimal (perfect foresight competitive equilibrium) allocations are obtained through the study of a dynamic program. For an economy with one consumption good, sufficient conditions are given for the existence of a unique interior stationary distribution of consumption and wealth. For a two-person exchange economy, sufficient conditions are given for the global asymptotic stability of the unique interior stationary point.     

Evaluating small firm performance in local context: A case study of manufacturers in Columbus,Ohio

This research approaches corporate restructuring from a place-based perspective, departing from firm or industry-specific analysis and focusing instead on the performance and problems of a local economy. The study systematizes data from a survey of small manufacturing firms in Columbus, Ohio, offering a methodology that can be used for comparative analyses of sectors within or among communities.We link the performance of firms and local context using a sampling strategy that represents local industry mix. We recognize the multidimensional character of performance and employ several indicators, stated in both static and dynamic terms. We use these indicators to identify patterns of firm performance, relative to both national and local standards. Discriminant analyses reveal variables that account for differences among groups of firms, identified by level of performance, industry, and mode of labor-management relations.Results indicate that small manufacturers in Columbus are relatively uncompetitive. The few high performing firms are investing more in labor than in capital, but most firms are investing more in capital than labor. These findings are consistent with American corporate tradition that deemphasizes workers. Effective restructuring entails more than technical change, which enables competitiveness but does not itself engender it.This project was funded by the Ohio State University Committee on Urban Affairs, #724520.     

THE TREATMENT OF PENSIONS AND INSURANCE IN NATIONAL ACCOUNTS*

In the course of the nearly two decades since the revised SNA was developed, the role of pensions and insurance in the developed western economies has been significantly altered. The United Nations System of National Accounts (SNA) is not fully consistent in its treatment of pension and insurance transactions. This paper examines whether, in view of the changed institutional context, a modification of the SNA treatment of this complex of flows would be desirable. It investigates the impact on household income and saving of adopting a somewhat more consistent transactor/transaction approach for all pension and insurance transactions. Four main topics are covered: (1) social security, (2) private pensions, (3) life insurance, and (4) casualty insurance. Each is considered in terms of the treatment of contributions, the treatment of benefits, and the handling of reserves and the income generated by them. The same sorts of problem arise in all four cases.