西方误读中国商道

中国文化相当多面和多变,商业文化也不例外,有三个方面最常被误读。美国式个人主义：多年以来,中国似乎都是笼罩着浓厚集体主义的国家,但环境已经发生巨变。陈伟是一位巴黎奢侈品行业的经理,他不断亲身感受到中国个人主义的上升。     

Happy New Year of The...What?

Every person is indeed looking for strength and success in their lives.As the last of the fireworks blasts off its sparklv salute to mark the turn of the New Year,we say farewell to the graceful strength which galloped in on the Year of the Horse,and warmly welcome the Year of the Sheep.Sparks of debate have fired heavy discussions     

Goodness of fit for seemingly unrelated regressions: Glahn's R2y.x and Hooper's r̄2

This paper presents a measure of goodness of fit for Zellner's seemingly unrelated regressions. The measure is a monotonic transform of the appropriate (asymptotic) F-statistic, is bounded on [0, 1] and is maximized by Zellner's estimation technique. Glahn's composite correlation coefficient is shown to be a special case of this measure. It is also compared to Hooper's squared trace correlation coefficient. All three measures as well as some additional asymptotic summary test statistics are calculated for the two-equation example of Zellner. The applicability of the latter test statistics seems not to be recognized in applied work.     

Weaker MSE criteria and tests for linear restrictions in regression models with non-spherical disturbances

This paper extend, in an asymptotic sense, the strong and the weaker mean square error criteria and corresponding tests to linear models with non-spherical disturbances where the error covariance matrix is unknown but a consistent estimator for it is available. The mean square error tests of Toro-Vizcorrondo and Wallace (1968) and Wallace (1972) test for the superiority of restricted over unrestricted linear estimators in a least squares context. This generalization of these tests makes them available for use with GLS, Zellner's SUR, 2SLS, 3SLS, tests of over identification, and so forth.     

Evolution of the Amazonian frontier: Land values in Rondônia, Brazil

Patterns in property values provide strong signals about the future and sustainability of land use. This paper analyzes the determinants of land value in an Amazonian frontier settlement. We estimate hedonic price functions to identify factors that affect the value of farm properties in the western Brazilian Amazon. Distance to market explains nearly one-third of the variation in farm value, as predicted by the von Thünen model. After controlling for location relative to the central market and for municipality, we find that investment in the farms (as reflected in the stocking rate of pastures and the establishment of home gardens) has the next largest impact on land value. The value per hectare of land is negatively related to total lot size, suggesting that any economies of scale are outweighed by the cost of accessing remote corners of large properties. We do not find that land values are related to available measures of biophysical factors or to historic or current land use. Our results do not identify any premium for forest cover or for land uses considered to be more sustainable than pasture on the property itself. However, farm values are affected by neighboring land cover, specifically, the extent of barren land. Thus, local knowledge of factors contributing to future productivity, as summarized in land values, confirms that soil exhaustion can lead to a general decline in property values, while investments in a property both as a homestead and as a farm can help sustain frontier settlements.     

Internal Marketing at Continental Airlines: Convincing Employees that Management Knows Best

Maintaining a high level of customer service quality is necessary for success, particularly for firms in service industries, but employees need to be motivated to provide it. Management can provide the motivation through the use of compensation schemes and internal marketing. In this paper we examine profit sharing compensation schemes that reward employees for achieving customer service objectives. We discuss how such schemes should be implemented, and explain why management needs to convince employees through internal marketing programs about the benefits of its scheme. We obtain the optimal amount of profit that the firm should share with employees, and the optimal effort it should spend on internal marketing. Finally, we relate the analysis to a successful scheme implemented by Continental Airlines.     

Two estimators for the apt model when factors are measured

Non-linear SUR and ITSUR techniques are proposed for the estimation of the APT and the CAPM when the factors are observed. These techniques estimate all of the parameters of the model simultaneously and directly impose the model's non-linear parameter restrictions.     

External organizational commitment among organizational implants: The case of logistics service providers

Using the concept of external organizational commitment (EOC), survey data from 312 logistics service provider (LSP) implants are used to test a model of the determinants of implant level of commitment to their host firm and the consequences of such commitment to the LSP. The results show that both inter-organizational outcome and task interdependence affect implant perceptions of the degree to which they are supported by their host organization. Perceived organizational support by the host organization, in turn, was found to be positively related to implant commitment to their host organization, which was positively related to LSP operation-level performance.