Decomposing the Sources of Earnings Inequality: Assessing the Role of Reallocation

This study exploits longitudinal employer–employee matched data from the U.S. Census Bureau to investigate the contribution of worker and firm reallocation to changes in earnings inequality within and across industries between 1992 and 2003. We find that factors that cannot be measured using standard cross‐sectional data, including the entry and exit of firms and the sorting of workers across firms, are important sources of changes in earnings distributions over time. Our results also suggest that the dynamics driving changes in earnings inequality are heterogeneous across industries.     

Predicting corporate governance in emerging markets

This paper investigates what predicts corporate governance in emerging markets. Specifically, we examine what predicts governance changes and the level of governance itself. To conduct this study, we utilize a unique dataset from AllianceBernstein that consists of monthly firm-level corporate governance ratings for 24 emerging market countries for almost seven years. Since the AllianceBernstein ratings are time-series data, they allow us to determine the direction of change in a firm’s corporate governance, and the timing of these changes. Using these data, we find two main results. First, as firms grow they are more likely to improve their governance. Second, the level of political risk where the firm resides is negatively and significantly related to the level of firm governance but positively and significantly related to changes in firm governance. Hence, firm governance is better in countries with lower political risk but firms are more likely to improve their governance in countries with higher political risk.     

Non-family-members in the family business management team: a multinational investigation

The purpose of this study was to investigate, in a multi-country context, the inclusion of family-member managers and non-family-member managers in family businesses, and the relationship of this variable to certain management activities, styles and characteristics. A large sample (N = 593) of family businesses was generated from six countries (Croatia, Egypt, France, India, Kuwait and the United States), countries with significant differences in cultures, economies, levels of entrepreneurial activity, and family business demographics. Correlation and then Regression results indicate that, as the percentage of non-family-managers in the management team increases, there is an increase in the use of outside assistance, the use of sophisticated financial management, and the consideration of going public; but a decrease in family member conflict, in the original founder’s influence, and in the formulation of succession plans. Implications of these findings, for practitioners, consultants and researchers, are presented.     

The Quest for Societal ROI in the Midst of the Perfect Storm: Can SCM Set the Standard for Twenty‐First Century Business Education?

The Academy's dual role is to discover and disseminate knowledge. For most of our tenure, we have focused on research's role in fulfilling this societal mandate. We continue that discussion here by calling for more “actionable” research—something that the supply chain discipline is particularly well positioned to do. We now extend the discussion to pedagogy. As the two epigraphs denote, society is looking for a return on its investment—even a reinvention of the university. Increased costs, poor student achievement, and disruptive technology create an environment perfect for disruption. Yet, if we do our job well, current and foreseeable technologies cannot provide the same kind of transformative education that can be cultivated through community‐engaged experiential learning. The good news: The supply chain discipline is perfectly positioned to set the standard for twenty‐first century business education.     

Producing New Spaces of Violence: Libya and the Changing Style of NATO Interventions after the Global Financial Crisis

This paper argues that the way NATO conducts its interventions has altered since the Global Financial Crisis. The pressures of the Global Financial Crisis have forced NATO to shift from the sustained peacekeeping operation in Afghanistan to what I refer to as the trans-scalar space of intervention in Libya. Trans-scalar spaces of intervention are spaces where violence is temporarily concentrated by a transnational military apparatus to eliminate a perceived threat as efficiently as possible. The threats targeted are contained within a particular national locale and are unable to manifest themselves transnationally; their capacity is therefore several orders of magnitude below the force projection abilities of the transnational military force seeking its destruction. I examine how NATO’s creation of these new types of spaces has impacted global security and undermined territorial-based forms of governance. Despite the ensuing chaos which enveloped Libya after NATO departed, with their low cost and speed at which they can be organized this style of intervention will likely be replicated in the future.     

The Influence of Sense of Community on the Perceived Value of Physical Activity: A Cross-Context Analysis

As the physical activity marketplace becomes increasingly diversified, strategies for recruiting and maintaining participants have become especially salient. Accordingly, the current study examined the use of a commonly reported outcome of fitness participation, sense of community (SOC), as an antecedent in generating both value and the perception of progress for participants. Three fitness contexts, CrossFit, traditional group fitness activities, and individual gym goers, were chosen based on varying levels of explicit commitment to community building. SOC was first measured in three contexts to explore differences among settings. After establishing differences between groups, multiple regression analysis was employed to understand the ways in which SOC affected dimensions of value. Results indicated that an explicit commitment to community building was positively associated with higher value of the fitness product and perceptions of individual progress. Strategy and benefits for encouraging the development of SOC in a fitness context are discussed.     

Can We Stay Ahead of the Obsolescence Curve? On Inflection Points,Proactive Preemption,and the Future of Supply Chain Management

Great companies—like great products and great nations—have always endured a four‐stage life cycle: emergence, growth, maturity, and decline. Faster clockspeeds—enabled by compressed technology cycles and accelerated by new knowledge‐sharing routines such as crowdsourcing—are shrinking life cycles. What does this mean? Entities of all kinds now find themselves in a constant race against obsolescence. We thus ask a vital question,”Can we (as a discipline) stay ahead of the obsolescence curve?” Technological and sociological inflection points promise to change the rules of engagement. For instance, 3D printing, Big Data, and drones promise to change management practice. Budget deficits, poor skill improvement, and MOOCs promise to change academe. We discuss adaptation challenges and proactive preemption as preludes to presenting various visions of the future of supply chain management.     

The SCM Knowledge Supply Chain: Integrating World Views to Advance the Discipline

Supply chain management is a discipline immersed in knowledge creation and dissemination concerning the integration of business processes across functions and among firms. Academics are the producers and distributors in this knowledge supply chain. The Council of Supply Chain Management Professionals (CSCMP) provides numerous opportunities to integrate functions and processes between academics and practitioners. The Journal of Business Logistics, the CSCMP Educators' Conference, the CSCMP Annual Global Conference, and CSCMP per se, provide the venue for linking academics to practice, bridging the gap between the two groups as part of the same universe of value creation. Being actively involved in all of these makes a researcher more complete, relevant, and rigorous.     

Common correlated effects estimation of heterogeneous dynamic panel quantile regression models

This paper proposes a quantile regression estimator for a heterogeneous panel model with lagged dependent variables and interactive effects. The paper adopts the Common Correlated Effects (CCE) approach proposed in the literature and demonstrates that the extension to the estimation of dynamic quantile regression models is feasible under similar conditions to the ones used in the literature. The new quantile regression estimator is shown to be consistent and its asymptotic distribution is derived. Monte Carlo studies are carried out to study the small sample behavior of the proposed approach. The evidence shows that the estimator can significantly improve on the performance of existing estimators as long as the time series dimension of the panel is large. We present an application to the evaluation of Time-of-Use pricing using a large randomized control trial.