Purposive Leisure: Examining Parental Discourses on Family Activities

Current social psychological definitions of leisure may not adequately capture or describe family leisure. This study used discourse analysis to explore the meanings of family leisure as revealed by parents of preteen children (aged 10-12 years). The data came from a study of 31 families (23 two-parent families and 8 one-parent families) living in Ontario, Canada. Thirty mothers and 23 fathers were interviewed about their family leisure activities, experiences, attitudes, and beliefs about family participation. Analysis showed that family participation was highly valued by all of the parents. However, rather than being freely chosen or intrinsically motivated, family leisure was purposive in that it was organized and facilitated by parents in order to achieve particular short- and long-term goals. One set of goals related to family functioning, including enhanced family communication and cohesion, and a strong sense of family. Another set of goals related to the beneficial outcomes of family activities for children, including learning about healthy lifestyles as well as learning moral values. It is argued that the purposive nature of this form of leisure practice reflects current ideologies about motherhood, fatherhood, and the family in North American society.     

A Systematic Study of Change Management During CMMI Implementation: A Modified Activity Theory Perspective

This study proposed a modified activity theory framework, complemented by a dynamic time axis, to analyze each organizational change stage of a two‐phase capability maturity model integration (CMMI) maturity level adoption case. The study revealed the following results: At the planning stage, the involvement of senior executives determined the positive attitude toward change. At the getting started stage, employees' clear recognition of change objectives determined the change effectiveness. At the letting go stage, department heads got involved, understood, and provided both support and mediating activities to achieve the actual benefits. At the completion stage, performance was used as a measurement tool to help internalize the change into new capabilities.     

Selling sustainable mobility: The reporting of the Manchester Transport Innovation Fund bid in UK media

This paper examines how complex transport projects are reported in the media using the Transport Innovation Fund bid for Greater Manchester as a case study. It demonstrates how projects are simplified and distorted in the media in a systematic way. Such distortion is explained by a scheme’s perceived newsworthiness, its complexity and the contemporary nature of news media production. The paper has implications for future research in this area and the implementation of sustainable transport policy. It urges transport professionals to both better understand, and engage directly with, the media if they are to maximise the benefits of efforts to shape travel behaviour.     

Insider econometrics: A roadmap with stops along the way

For the past twenty five years, economists have been building theories of the optimal management of firms. For example, economic models suggest that under some conditions, piece rate pay raises performance, and under other conditions, promotions tournaments raise performance. Some of these theories have been tested, others have not. Economists are now using new empirical research tools, that we label “insider econometrics,” to test the impact of management practices on productivity: to model how much productivity changes; to model why management practices raise productivity; and to examine which firms benefit and why from alternative management practices. The methodology we describe is “insider” because it uses inside knowledge and data from within firms. It is “econometrics” because the methodology is often the application of treatment effects methods to modeling changing management practices within firms. However, the methods and challenges of insider econometrics are unique, and we identify several key features that are important in undertaking empirical studies of workers' productivity. Now that more firms are keeping data on employees, it is time to improve our analysis of the empirical study of the productivity of workers within firms.     

Eliminating the 20-F reconciliation from IFRS to U.S. GAAP: Short-term and long-term liquidity effects

This paper examines the effects of the SEC’s 2008 decision to no longer require foreign private issuers using IFRS and trading on U.S. exchanges to reconcile their financial statements to U.S. GAAP. Extant research has found conflicting results using short event windows, while studies using longer event windows have found limited capital market impact from eliminating the reconciliation. Motivated by the SEC’s interest in understanding how disclosure rules impact market liquidity, we examine changes in effective bid-ask spreads, the price impact of trades, and quoted depth around 20-F filing dates for a sample of foreign private issuers. We find that effective spreads increase more around 20-F filing dates for filers using IFRS than for filers using U.S. GAAP, suggesting the 20-F report is more informative for filers using IFRS. We then find, in a subsample of filers using IFRS, that the increase in effective spreads for IFRS firms around 20-F filing dates is directly related to the magnitude of differences in book values between IFRS and U.S. GAAP. In sum, our results suggest a loss of useful information after the SEC’s rule change.     

Information advantages of large institutional owners

We study the relation between the percentage of outstanding shares held by a firm's largest institutional owner and the bid–ask spread on that firm's shares, a measure of information risk. We find that the greater the percentage of shares held by the largest institutional investor, the greater the bid–ask spread in share prices. In contrast, the percentage of shares held by smaller institutional owners is related to lower bid–ask spreads. The results imply that only the largest of a firm's institutional owners—and no other institutional owner—is perceived to hold an information advantage. Copyright © 2007 John Wiley & Sons, Ltd.     

Organized Youth Sport and Parenting in Public and Private Spaces

This article examines the connection of organized youth sport to cultural beliefs, values and practices of contemporary parenting ideologies, specifically the idealization of intensive mothering and involved fathering. It explores how parenting ideologies are constructed by the discourses expressed by individuals in their everyday lives through their children's sport participation. Moreover, the analysis of the parental discourse illustrates how parenting goes beyond the home environment and becomes a public act that is observed by other parents, with these observations creating the basis of what is deemed to be a good parent. Emphasis is also placed on the gendered dimensions of meeting the expectations for being a good parent.     

Asset growth and stock returns: Evidence from Asian financial markets

This study examines the effect of corporate asset growth on stock returns using data on nine equity markets in Asia. For the period from 1981 to 2007, we find a pervasive negative relation between asset growth and subsequent stock returns. Such relation is weaker in markets where firms' asset growth rates are more homogeneous and persistent and in markets where firms rely more on bank financing for growth. On the other hand, corporate governance, investor protection, and legal origin do not influence the magnitude of the asset growth effect in Asian markets.