Building a model of commitment for Generation Y: An empirical study on e-travel retailers

The primary goal of this study was to develop a theory-based model of relationship commitment in an online travel context. Leaning on the foundations of marketing literature and the two theories of relationship commitment (organizational commitment theory, and investment model), this study develops a conceptual framework that explains how Generation Y develops commitment to a travel web vendor. Affective commitment and calculative commitment were found to vary in terms of their impact on word-of-mouth communications. The results showed that the affective commitment was most effective for developing and maintaining long-term relationships with Generation Y. In addition, the study suggested that investment size was positively related both to affective commitment and calculative commitment. Finally, satisfaction was found positively related to affective commitment and negatively related to calculative commitment. The theoretical and managerial implications were discussed as well.     

Monetary Policy, Corporate Financial Composition and Real Activity

This article addresses two fundamental questions about monetarypolicy, credit conditions and corporate activity. First, canwe relate differences in the composition of debt between tightand loose periods of monetary policy to firm characteristicslike size, age, indebtedness or risk? Second, do differencesin companies’ financial compositions matter for real activityof firms such as inventory and employment growth? The articleoffers some evidence from firms in the UK manufacturing sectorwhich suggests that the composition of debt differs considerablywith characteristics such as size, age, debt and risk, it alsoshows a significant effect from financial composition and cashflow to inventory and employment growth. (JEL codes: E32, E44,E51)     

Ethical purchasing perceptions and practices of Oklahoma restaurant managers

This study examined ethical business perceptions and practices in purchasing dealings between junior and senior managers in the U.S. restaurants. This study investigated the managerial style in the context of business ethics relative to employees’ loyalty, ethical working behavior, attitude, and decision‐making process of restaurant's food purchasing personnel. Additionally, organizational business ethics training for employees is a crucial component to enhance adherence to an ethical code of conduct. The findings revealed that the managers’ ethical purchasing perceptions and practices of their employees’ behaviors were not different in terms of gender, age, and years of experiences as a manager. Corporate ethical standards and managerial ethical practices can guide managers and employees as to how to behave when confronted with a dilemma with regard to ethics and personal interest. Consequently, the prime principle of management or purchasing personnel in terms of ethical dealings has tremendous impact on a firm's operational performance and employees’ morale.     

Investor Conferences,Firm Visibility,and Stock Liquidity

We examine the influence of investor conferences on firms’ stock liquidity. We find that firms participating in conferences experience a 1.4% to 2.8% increase in stock liquidity compared to nonconference firms. Consistent with investor conferences improving firm visibility, the increase in liquidity is larger for firms with low pre‐conference visibility and varies predictably with conference characteristics that affect the ability of investors to revise their beliefs about the firm. However, for firms with a large investor base and high visibility, conference participation is associated with a decline in stock liquidity, consistent with investor conferences exacerbating the information asymmetry among investors.     

Do Unions Help or Hinder Women in Training? Apprenticeship Programs in the United States

Trade unions are frequently criticized for excluding women from skilled crafts by denying them training. This article examines this argument by eestimatin the retention and attrition probabilities of men and women in the joint union‐management and the unilateral employer‐sponsored apprenticeship programs. While men, on average, have higher retention and lower attrition rates than women, joint sponsorship raises women's graduation probability above (and lowers their quit probability below) those of men or women apprentices in unilateral programs.     

Religious minorities and firm ownership in early twentieth‐century Egypt

This article examines the composition of firm ownership and entrepreneurship in Egypt between 1910 and 1949 by assembling a novel dataset on multi‐owned firms. The evidence supports two main results. First, Muslim participation remained disproportionately low in partnerships but was distinctly high in corporations relative to non‐Muslims. Second, Muslim‐owned firms were frailer and more likely to experience early exits. The findings are consistent with the view that the region's institutional legacy, such as disparities in physical or human capital, created obstacles for Muslims. When these implications are tested, the findings show that only small‐scale Muslim firms had restricted access to capital. The skewness in Muslim firms’ entry and start‐up size is probably the result of legal distortions introduced by the government, which entrenched a small class of political elites in large‐scale firms.     

Urban Symbolic Violence Re‐Made: Religion,Politics and Spatial Struggles in Istanbul

The symbolic and physical map of Istanbul has undergone dramatic shifts over the past four decades. Squatters—the persistent underdogs in this huge metropolis—have mounted an attack against established economic and cultural hierarchies. This challenge has transformed the structures of symbolic violence through the production of an alternative urban space (contentious neighborhoods and districts, teahouses, innovative district and street layouts, and ‘Islamic’ internal and external architecture). In the process, the meanings of urbanity and provinciality, of secularity and Islam, have been altered—and stigma, along with urban rent, has been systematically redistributed (although redistribution has been far from egalitarian). The dominant sectors ultimately absorbed the attack: squatters remained subordinated, but the terms of subordination have changed. A synthesis of Bourdieu and (a geographically revised) Gramsci sheds light on this process of challenge and absorption in and through urban space.     

Foreign currency borrowing,exports and firm performance: evidence from a currency crisis

This paper develops a simple signaling model of foreign currency borrowing that yields predictions about firm survival and performance during a currency crisis. Using a large panel of firm level data for South Korea we offer empirical support for many of the predictions of our model, while others support predictions that cannot be tested using our data. Our paper demonstrates that although firms that borrow in foreign currency are more likely to exit after the currency collapses, those that continue to produce perform better. Among them, the best performers are exporters whose foreign sales are more competitively priced under a devalued currency.     

The interaction between paternalistic leadership style,organizational justice and organizational citizenship behavior： A study from Turkey

The aim of this study is to investigate the impact of paternalistic leadership style on justice perceptions of the employees. Even though the impact of organizational justice＇s affect on employee attitudes and behaviors is a huge area of interest, the antecedents of organizational justice perceptions is a topic that needs to be further developed and leadership is one of them. In the previous studies, the impact of transformational and transactional leadership on justice was searched, but the impact of a culturally specific model namely paternalistic leadership hasn＇t been clearly investigated. This study was conducted in Turkey which respects paternalistic culture with 329 employees working in various sectors in Istanbul. The regression analyses proved that paternalistic leadership has an impact on organizational justice perceptions and organizational citizenship behaviors of the employees. And the mediating affect of organizational justice between paternalistic leadership styles and OCB was also questioned. Research models for the next studies and managerial implications were suggested.