Corporate Culture in the Nonprofit Sector: A Comparison of Fringe Benefits with the For-profit Sector

One explanation that may be given for why nonprofit organizations pay lower wages than do other organizations is that nonprofits are more pleasant places to work. Indeed, some authors have proposed that nonprofit organizations should make an effort to promote a working environment that reflects the beliefs of the organization. This paper uses several proxies for whether an organization is a pleasant place in which to work, and tests for whether nonprofits are more likely to offer such pleasant working conditions. Analysis shows that nonprofits are not more likely to offer these conditions in many instances.     

Mortgage Product Substitution and State Anti-predatory Lending Laws: Better Loans and Better Borrowers?

Mounting foreclosures and disclosures of abusive lending practices led many states to adopt new anti-predatory lending (APL) laws. Researchers have examined the impact of such laws on credit flows and the cost of credit. This research extends the literature by examining whether the market responded to these laws by substituting different mortgage products for those restricted by APL provisions. The evidence indicates that the laws were effective in restricting loans with targeted characteristics, and that the market substituted other product types to maintain access to credit and affordability in the face of these restrictions. The laws reduced the involvement of investor and second home purchases but appeared to impact borrower credit scores or down payments.     

Does Maternity Leave Induce Births?

Alleviating the tension between the conflicting responsibilities women may face as mothers and as workers is a topic of current policy interest. Expansion of guaranteed maternity leave to all employed women in the United States is suggested as one possible “family-friendly” solution. Controversy surrounding the issue of increased maternity leave centers around the potential cost to firms of widespread access to leave. One specific concern is that the availability of maternity leave will actually increase births among eligible working women. In this paper we use data from the National Longitudinal Survey of Youth to examine the impact of maternity leave on fertility. We explore two possible routes through which maternity leave may influence fertility. We first estimate the impact of desired fertility on the probability of being in a job offering maternity leave. We then estimate the impact of maternity leave and desired fertility on the probability of a birth. We find no evidence that women sort by fertility desires into firms on the basis of their maternity leave policy. We do find that the probability of a birth increases as a result of maternity leave, and that the fertility effect of maternity leave increases with birth parity.     

山东文化体制改革进入快车道

运用市场的办法运作文博会,就是进一步深化文化体制改革,破除体制性障碍和结构性矛盾,调动全社会的力量,激活各个方面潜藏的文化要素,实现资本与文化的对接,信息与文化的对接,人才与文化的对接,市场与文化的对接,最终实现文化经济化,经济文化化,文化经济一体化。     

Global marketing Myopia

The objective of this paper is to expand the concept of global marketing strategy beyond its current myopic focus on product positioning and branding. Emphasis on these issues lends to lead to the conclusion that standardisation is the most desirable global strategy. However a successful global marketing strategy needs to be developed and evaluated within the broader context of the overall strategy of the firm, rather than being based purely on customer‐market considerations. This calls for examination of resource allocation across countries, market segments and products, the integration of sourcing activities and production, management and logistical systems into global marketing strategy.