From pay to praise? Non-cash employee recognition in Canadian and Australian firms

Despite deep theoretical roots, a prominent place in the practitioner literature, and increasing use by organizations, non-cash employee recognition plans have thus far received relatively little empirical study by academic researchers. Drawing on survey data from 349 Canadian and Australian firms, this study examines the incidence of individually based and group-based non-cash recognition (NCR) programmes, ascertains whether there are relationships between use of non-cash and cash-based reward practices, and identifies possible predictors of NCR programmes. Results indicate that non-cash plans are indeed common in both countries, but do not appear to substitute for cash-based performance plans, contrary to enthusiasts' suggestions. The most important predictor of non-cash programmes is unionization, which is negatively related to both individually based and group-based NCR programs in Canada, and to group-based programmes in Australia.     

Organizational control systems in research and development

This paper empirically examines an organizational control framework in research and development (R/D) settings. Data were collected from 76 R/D work group leaders. Analysis of the data indicates that the importance of controls is associated with knowledge of the task transformation process (technological uncertainty) but not with measurability of the work group's outputs, task complexity or task dependence. It is suggested that the results of this and other research indicate the need for a more complete theoretical framework as well as attention to measurement issues.     

A Case for Wanderlust: Travel Behaviors of College Students

A case for wanderlust, or a strong desire to travel, was developed in an elaborate study involving numerous variables. Findings indicate that wanderlust begins with early, and varied, travel experiences and continues and inspires future travel behavior. Overall, college students exhibit a high level of interest in both leisure and business travel. The impact of past experience is dramatic with a strong relationship between travel experiences prior to college, while in college, and expectations after college. A financial commitment to this desire to travel was also found, particularly among females who exhibited a higher level of wanderlust for leisure travel. Overall implications for the travel and tourism industry are discussed.     

Estimating fertiliser demand

The availability of improved data will determine whether the search for new methodologies, which are more accurate than present ones for determining fertiliser demand, is successful. The author briefly reviews various ways of estimating fertiliser demand and emphasises the need for analysts to make clear the assumptions and limitations of the methods used which may influence their value to policy makers.     

Management accounting practices in Europe: a perspective from the States

I provide a perspective from the States on four questions primarily based on information inManagement Accounting: European Perspectivesedited by Al Bhimani (1996). First, seven factors are identified as having shaped management accounting practices in European nations—academics, education, government, professional associations, consultants, technology, and the inter-nation transfer of information. Second, evidence supports the view that, across European nations, more changes are occurring in management accounting practice terminology and techniques than in the purposes and styles of using management accounting techniques. Third, evidence indicates that there is convergence across European nations in management accounting practices, especially in terminology and techniques, but less convergence in the purposes and styles of using techniques. Fourth, management accounting practices in European nations, particularly terminology and techniques, is converging on a global management accounting practice model. I propose that management accounting practices—particularly terminology and techniques—is converging across nations (at least for those firms that are affected by the global economy)anddiverging across industries both within and between nations.     

Gender,race, pay and promotion in the British nursing profession: estimation of a generalized ordered probit model

We analyse job grading within the UK National Health Service nursing profession, using 1994 survey data. We start from the ordered probit model, for which we develop and apply appropriate specification tests. Threshold constancy and covariate exogeneity are rejected, with important consequences for estimates of the influence of gender, ethnicity, training and career interruptions. We find little evidence of disadvantage for females relative to males, but significant differences in speed of promotion between ethnic groups, implying non‐negligible differences in lifetime earnings. Copyright © 2000 John Wiley & Sons, Ltd.     

Predictability of stock markets with disequilibrium trading

This paper analyses the predictability of a hypothetical market with freely negotiated prices on which exists a censoring of one-period returns which are in excess of an arbitrary level (‘floor’ and ‘ceiling’). It is shown that the expected value of returns (adjusted for drift) conditional on last period information regarding the censoring are equal to zero (and therefore the market is not predictable in mean) if there is no intertemporal spillover on the market. A simple simulation model is proposed and applied for the analysis of the effects of intertemporal and cross-spillovers resulting from quantity constraints. Statistical predictability tests are proposed, based on the corrected Student-t statistic of a regression of returns of some information concerning the previous censoring. An illustrative empirical analysis of six main time series of returns on the Warsaw Stock Exchange confirms their ex-ante, but not ex-post, predictability.     

Subjectivity in developing and validating causal explanations in positivist accounting research

Eliminating alternative causal explanations plays an important role in establishing causality. We analyze two strategies researchers use to eliminate alternatives to their preferred causal explanations: providing persuasive evidence against other plausible explanations and developing a preferred explanation in such a way as to limit the number of alternatives against which evidence needs to be provided. Although positivist accounting research aims at objectivity in the use of these strategies, we argue that subjectivity plays an important role as well. We identify and discuss relatively more objective and more subjective components of these strategies for validating and developing causal explanations.