The Power of One: Dissent and Organizational Life

Over the last 20 years, organizations have attempted numerous innovations to create more openness and to increase ethical practice. However, adult students in business classes report that managers are generally bureaucratically oriented and averse to constructive criticism or principled dissent. When organizations oppose dissent, they suffer the consequences of mistakes that could be prevented and they create an unethical and toxic environment for individual employees. By distinguishing principled dissent from other forms of criticism and opposition, managers and leaders can perceive the dissenter as an important organizational voice and a valued employee. The dissenter, like the whistleblower, is often highly ethically motivated and desires to contribute to the organization’s wellbeing. Recognizing and protecting principled dissent provides the means of transforming organizations. By restoring dignity to the individual, organizations gain more productive and loyal employees, and they create an environment that promotes critical thinking, learning, and a commitment to ethics. Dr. Nasrin Shahinpoor is an Associate Professor of Economics at Hanover College in Hanover, IN. Dr. Bernard F. Matt is Professor of Religion and Philosophy at Wilmington College—Cincinnati Branch in Cincinnati, OH.     

An options-pricing approach to election prediction

Election forecasting errors appear chiefly due to the mode of extracting outcomes from the polled share of the vote     

Right anterior thoracotomy aortic valve replacement is associated with less cost than sternotomy-based approaches: a multi-institution analysis of ‘real world’ data

Background:

Large institutional analyses demonstrating outcomes of right anterior mini-thoracotomy (RAT) for isolated aortic valve replacement (isoAVR) do not exist. In this study, a group of cardiac surgeons who routinely perform minimally invasive isoAVR analyzed a cross-section of US hospital records in order to analyze outcomes of RAT as compared to sternotomy.

Methods:

The Premier database was queried from 2007–2011 for clinical and cost data for patients undergoing isoAVR. This de-identified database contains billing, hospital cost, and coding data from >600 US facilities with information from >25 million inpatient discharges. Expert rules were developed to identify patients with RAT and those with any sternal incision (aStern). Propensity matching created groups adjusted for patient differences. The impact of surgical approach on outcomes and costs was modeled using regression analysis and, where indicated, adjusting for hospital size and geographical differences.

Results:

AVR was performed in 27,051 patients. Analysis identified isoAVR by RAT (n?=?1572) and by aStern (n?=?3962). Propensity matching created two groups of 921 patients. RAT was more likely performed in southern hospitals (63% vs 36%; p?p?p?p?p?Conclusions:

Outcomes analyses can be performed from hospital administrative collective databases. This real world analysis demonstrates comparable outcomes and less cost and ICU time with RAT for AVR.     

Emerging perspectives on the demonstration as a signature pedagogy in design and technology education

This paper analyses the beliefs of teachers regarding the demonstration as a signature pedagogy in design and technology, where there is a limited body of literature outlining the theory and practice. The demonstration is multifaceted, and effective teachers adopt and adapt a range of skills and values to scaffold learning, including teacher modelling and explaining. The study explores the subjective beliefs of seven practicing teachers through Q Methodology; comparing and analysing the responses of the participants’ subjective beliefs and values, using 62 statements relating to teacher modelling and explaining, developed and refined with teacher educators, and representing the concourse of opinions and perspectives. The sample is purposive, comprised of practicing teachers who are engaged with mentoring trainees in Initial Teacher Education. The findings will represent a snapshot of subjective values of practicing teachers, as part of a discourse on signature pedagogies in design and technology education.     

Corporate Financial Policy Biases and the Ralph Reforms

Australia's recent Review of Business Taxation chaired by Mr John Ralph listed the neutrality of taxes on an entity's financing and distribution decisions as a goal when redesigning entity taxation. In response to the Review the government has agreed to a number of reforms to the taxation of companies and their shareholders. This paper quantifies the financial biases that are created by the Australian company tax system for widely-held companies owned by Australian residents. It also examines how these have been affected by the recent reforms.     

与西维纳斯·肯姆品纳斯的对话

"……突然间,一个无聊透顶的房间变得充满魔力,并且令人惊奇地宽敞起来……"杰拉德·马特:你是立陶宛人,却在纽约生活和工作了很多年。是什么把你带到纽约的?西维纳斯·肯姆品纳斯:你问我这个问题是因为我跑到纽约来了。要是我现在在立陶宛和你聊,你一定不会问"西维纳斯,你为什么呆在立陶宛?"这样的问题。说真的,(搬来纽约)是那阵子我觉得自己准备好了开始一个新的阶段。我想再多学些东西,多经历一些,而纽约可能是世界上最为开放的城市之一,一个真正的文化之都。立陶宛被前苏联占领了半个多世纪,我在这样一个     

Who pays attention to sustainability reports and why? Evidence from Google search activity

We introduce country-level Google search activity as a direct measure of the level of stakeholder attention directed towards sustainability reports. We validate this measure by establishing that search activity for sustainability reports is correlated with temporal patterns in firms' supply of these reports. To frame the economic magnitude of this search behaviour, we then show that the level of attention directed towards sustainability reports is very low compared to the level of attention directed towards financial and accounting information. Next, we examine two related research questions. First, we identify who pays attention to sustainability reports. We find, consistent with the environmental Kuznets curve, that attention towards sustainability reports is strongly associated with economic development. Consistent with findings in prior research that suggest citizens in stakeholder-oriented countries have stronger preferences for firms to act prosocially, we also find that search activity for sustainability reports relative to search activity for financial performance metrics is greater in civil law countries than in common law countries. Finally, we then explore the question of why individuals pay attention to sustainability reports and find evidence that suggests sustainability reports are used for two primary purposes: evaluating the societal impacts of firms' actions; and, firm valuation.     

El Niño southern oscillation and its effects on world vegetable oil prices: assessing asymmetries using smooth transition models

In this research, we examine the effects of El Niño southern oscillation (ENSO) on market dynamics of major vegetable oil prices. We adopt a smooth transition vector error correction modelling framework to analyse the impacts of ENSO events on the vegetable oil prices and, more interestingly, to investigate the asymmetric nature of the ENSO dynamics and price responses to ENSO shocks. The results confirm self‐exciting type nonlinearities in the ENSO dynamics, and presence of the so‐called transactions cost band in the system of vegetable oil prices. These nonlinearities yield the history‐specific asymmetries in the vegetable oil price dynamics, wherein effects of ENSO shocks on the ENSO dynamics and the vegetable oil prices vary considerably between different ENSO regimes. In general, positive deviations, El Niño events, result in the vegetable oil price increase, while negative deviations, La Niña events, result in decrease in the prices. We illustrate these effects using generalised impulse‐response functions and the derived asymmetry measures.     

Marriage,Cohabitation, and Charitable Giving

Atlantic Economic Journal -