On the Relative Well-Being of the Nonmetropolitan Poor: An Examination of Alternate Definitions of Poverty during the 1990s

Using Foster-Greer-Thorbecke poverty indices, this paper shows that although the incidence of poverty was higher in nonmetropolitan than metropolitan areas throughout the 1990s, the poverty-gap index was only statistically significantly higher in nonmetropolitan areas in six of the 10 years, and the squared poverty-gap index was worse in only three years. This paper also provides design-corrected standard errors for the indices, which result in more than doubling the uncorrected estimates. An examination of the ratio of the poverty-gap to the head count index establishes that the average shortfall of the poor as a fraction of the poverty line was worse in the metropolitan areas during all 10 years of the 1990s. Similarly, the distribution of income divided by the poverty line indicates that disproportionately more of the nonmetropolitan poor subsisted on incomes near the poverty line, whereas the metropolitan poor were relatively more likely to be living in extreme poverty.     

Developing Cooperative Teams to Support Individual Performance and Well-Being in a Call Center in China

The theory of cooperation and competition, though developed in the West, may be useful to develop and analyze productive teamwork in China. Three hundred and sixty-eight employees from a call center participated in a cooperative teamwork 1-day workshop followed by daily practice. Results support the hypothesis that cooperative teams strengthen relationships, reduce turnover, and improve productivity of individual team members. During the 2-month period, team members increased the number of phones answered by nearly 40%, reduced customer complaints by over 55%, and lowered the turnover by over 20%, while the control call centers had either minor increases or decreases in these measures. These results support that the theory of cooperation and competition can guide the development of effective teams in China and that cooperative teams can improve the performance of individual employees.     

Problems with precaution: the transfusion medicine experience

The precautionary principle is a dominant paradigm governing risk-based decision-making. Today, there are increasing pressures to re-examine aggressive precautionary approaches, and to assess how the principle should be applied in the modern system. In this paper, we examined three key applications of precautionary approaches in the field of transfusion medicine to provide insight into the risks and benefits of these approaches. The three case studies examined were the donor deferral policies to safeguard against transfusion transmission of human immunodeficiency virus, variant Creutzfeldt–Jacob disease, and, lastly, xenotropic murine leukemia virus-related virus. Characterization of precautionary applications was conducted using an embedded case study design. Our findings indicate that transfusion transmission mitigation strategies have become increasingly aggressive in the face of theoretical risks. In contrast, the review processes for implementation and reversal of precautionary policies have been slow, and historical donor deferral policies are still in place today. Application of precautionary approaches has proved challenging with both benefits and pitfalls. In light of emerging threats to the blood system, policy-makers should consider the implementation of frameworks to guide the appropriate application of precaution in transfusion medicine in the future.     

Independently Certified Industry-specific Disclosures to the Capital Market: The JORC Code in the Australian Mining Industry

We investigate compliance with the Australian JORC Code for reporting mineral resources and ore reserves, the quality of the disclosure, and its impact on the capital market. The compliance and quality assessment is conducted by two experienced geologists who find that while the overall reporting quality improved after the 2012 revisions to the Code, they disagree on the extent of improvement. This reflects the uncertainties involved and the difficulty in interpreting the reports. Both geologists agree that the greatest improvement is seen in early-stage projects, consistent with the expectation that there are more uncertainties surrounding these, and the additional information disclosed under the 2012 JORC Code appears to assist in reducing the uncertainties to some extent. The capital markets study shows that JORC announcements have a significant impact on investors’ assessments of firm value, and that the announcement impact is higher after the 2012 revisions designed to strengthen the disclosure requirements. This is consistent with post-2012 JORC reports conveying higher information content. There continues to be information leakage prior to announcement date. Further tests show a widening of bid–ask spreads in the post-2012 period, suggestive of higher information asymmetry. While the probability of informed trading declines for large firms, it remains statistically unchanged for the rest of the sample. The findings reiterate the need for regulators and standard setters to be cognisant of unintended consequences of their decisions. The substantiation process under JORC involves a delay in the release of ‘news’, a ‘chilling’ effect with larger announcement effects.     

Violence against women and new venture initiation with microcredit: Self-efficacy,fear of failure,and disaster experiences

Domestic violence is the most prevalent form of gender-based violence that threatens the wellbeing and dignity of women. In this paper, we examine whether and how exposure to physical or sexual assault by male partners influences women's decision to initiate a new business when they have access to financing. We collected primary data from rural Bangladesh in collaboration with a microfinance institution that provided small collateral-free loans to a group of married women. We conducted a baseline survey before loan disbursement and then conducted a follow-up survey 12 to 15 months later to collect information on loan usage. We find that women who experienced physical or sexual violence by their husband before receiving a loan are less likely to initiate a new business with their loan than those who did not experience such violence. Exposure to domestic violence obstructs the initiation of new businesses through reduced entrepreneurial self-efficacy and increased fear of business failure. The adverse impact of domestic violence is more detrimental for women who recently experienced another potentially traumatic event—an environmental disaster—than for those without such an experience.     

Social Accountability,Ethics, and the Occupy Wall Street Protests

Journal of Business Ethics - The growing interest in sustainable development in all sectors of the economy has fostered a noteworthy shift toward responsible management education (RME). This...     

The formation of visitor behavioral intention to creative tourism: the role of push–Pull motivation

This study proposes and examines a behavioral intention to re-experience model consisting of experience quality, perceived value, satisfaction, and push–pull motivation factor as the determinants. For this purpose, self-administrated questionnaires were utilized to gather data from 369 participants of five creative tourism attractions in Indonesia. To examine the proposed model and hypotheses, partial least square modeling was applied. The results provide evidence that pull motivation impacts visitor behavioral intention to re-experience. It also demonstrates that push motivation impacts visitor behavioral intention to re-experience and is strengthened by experience quality and perceived value.