The ethical leader: An ascetic construct

The way in which ethical standards are neglected or applied is a function of individual character. The best guarantee of ethical leadership, therefore, lies in the identification of those already predisposed to live according to high moral standards. The ascetic construct is offered as a type of personality with such a predisposition. The ascetic is self-controlled, purposeful, and mindful with regard to consequences. The character traits of the ascetic leader are predicted to increase ethical awareness and ethical accountability within his organization or hers. This will increase the probability of the organization's economic success because it will reduce uncertainty on the part of customers and investors. A better understanding of the ascetic personality may be helpful in identifying those with the potential for becoming highly ethical leaders.Harold Jones is a graduate of the University of Nebraska at Omaha and Garrett Theological Seminary. After eight years in the ministry, he worked for twelve years as a stockbroker and as a branch office manager for an affiliate of a New York Stock Exchange member firm. In 1992, he retired from business to begin working on his Ph.D.     

Interstate migration in Mexico: variations on the Todaro theme

"This study of migration in Mexico is based upon a modified Todaro approach and utilizes census data in a simultaneous equations model of 13 variables. It is unique in several ways: (a) it introduces proxy variables for employment probability and cost of migration that have not heretofore been found in the literature, but for which data are often available; (b) it illustrates that in some important cases census data have advantages not available through surveys; and (c) it finds that in some sense land reform in Mexico may have operated perversely. Finally, the study opens a new avenue for the study of informal sector growth."     

Multi-Tier Targeting of Social Assistance: The Role of Intergovernmental Transfers

Albania provides a small amount of social assistance to nearly20 percent of its population through a system that allows somecommunity discretion in determining distribution. This studyinvestigates how well this social assistance program is targetedto the poor. Relative to other safety net programs in low-incomecountries, social assistance in Albania is fairly well targeted.Nevertheless, the system is hampered by the absence of a clear,objective criterion to determine the size of the grants fromthe central government to communes as well as limited informationthat could be used to implement this criterion. Substantialgains in targeting could be achieved if the central governmentbetter allocated transfers to local governments, even holdinglocal targeting at base levels.     

Why hierarchies thrive

Hardly anyone has a good word to say about hierarchies. Academics, consultants, and management gurus regularly forecast their imminent replacement because hierarchies--even when populated by considerate and intelligent people--can be cruel and stupid. They routinely transform motivated and loyal employees into disaffected Dilberts. It's no wonder that we continue to search for more humane and productive alternatives to them. Yet the intensity with which we struggle against hierarchies only serves to highlight their durability. Hierarchy, it seems, may be intrinsic not only to the natural world but also to our own natures. In this article, organizational behavior expert Harold J. Leavitt presents neither a defense of human hierarchies nor another attack on them. Instead, he offers a reality check, a reminder that hierarchy remains the basic structure of most, if not all, large, ongoing human organizations. That's because although they are often depicted as being out of date, hierarchies have proved to be extraordinarily adaptive. Over the past 50 years, for example, they have co-opted the three major managerial movements--human relations, analytic management, and communities of practice. Hierarchies also persist because they deliver real practical and psychological value, and they fulfill our deep need for order and security. Despite the good they may do, hierarchies are inevitably authoritarian. That authoritarianism shows up in all kinds of ways and influences everything in organizations, particularly communication. In multilevel organizations, for instance, messages get distorted as they travel up and down the ladder of command. Self-protection and self-interest weigh in, and relevant information is lost as messages make stops along the route. Sensitive leaders take steps to make speaking the truth as painless as possible. But it never is in organizations, because authoritarianism is an immutable element of hierarchy.     

Predicting Bank Failures: A Comparison of On- and Off-Site Monitoring Systems

On-site examinations are regulators' primary tool for monitoring the financial condition of federally insured depository institutions. In this paper, we assess the speed with which the information content of the supervisory rating assigned during bank exams—the CAMEL rating—decays. This is an important issue because cost and regulatory burden considerations often cause CAMEL ratings to be assigned relatively infrequently. As a benchmark for information content, we use econometric forecasts of bank failures generated by applying a probit model to publicly available accounting data. When compared with all CAMEL ratings available at a given point in time, the econometric forecasts provide a more accurate indication of failure. Further analysis reveals that this overall finding reflects the tendency for a CAMEL rating's information content to deteriorate noticeably beginning in the second or third quarter after the rating initially was assigned.     

Local Community Involvement in Tourism around National Parks: Opportunities and Constraints

National Parks are often major tourist attractions located in relatively remote and marginalised rural areas. The potential role of tourism in contributing to the costs of conservation and providing economic opportunities for communities living adjacent to natural heritage has long been recognised. Issues of access to tourists and capital, enclaves and bypasses and employment need to be addressed. The opportunities for local economic development through tourism at Komodo (Indonesia), Keoladeo (India), Gonarezhou (Zimbabwe) and Puerto Princesa (Palawan, Philippines) National Parks are explored, and the paper concludes with an agenda for action.     

Subsidisation of Upland Conservation in West Java: The Citanduy II Project 1

The Citanduy II Project's model farm program on steep slopes in West Java was started in 1981 with the dual goals of reducing erosion and increasing farmer incomes. Limited success in reaching both goats has been achieved. Subsidies used to implement the program, however, could have been allocated more efficiently.