The relationship between firm growth and labor demand

Gibrat's Law is tested on a sample of Italian firms. The results are similar to those recently obtained on various sets of U.S. data and confirm that departures from Gibrat's Law are modest, also when firms' age is accounted for.     

Eliciting Consumer Preferences for Certified Animal‐Friendly Foods: Can Elements of the Theory of Planned Behavior Improve Choice Experiment Analysis?

Models used in neoclassical economics assume human behavior to be purely rational. On the other hand, models adopted in social and behavioral psychology are founded on the “black box” of human cognition. In view of these observations, this paper aims at bridging this gap by introducing psychological constructs in the well‐established microeconomic framework of choice behavior based on random utility theory. In particular, it combines constructs developed employing Ajzen's theory of planned behavior with Lancaster's theory of consumer demand for product characteristics to explain stated preferences over certified animal‐friendly foods (AFF). To reach this objective, a Web survey was administered in the largest five EU‐25 countries: France, Germany, Italy, Spain, and the United Kingdom. Findings identify some salient cross‐cultural differences between northern and southern Europe and suggest that psychological constructs developed using the Ajzen model are useful in explaining heterogeneity of preferences. Implications for policymakers and marketers involved with certified AFF are discussed.     

Hierarchical Modelling of Disparities in Preferences for Redistribution*

We evaluate the magnitude of the disparities in the demand for redistribution across European countries and American states during the 2000s. Modelling the demand for redistribution in a multilevel framework, we identify the determinants that contribute the most in predicting support for redistribution. We observe that individual characteristics and contextual variables are associated with demand for redistribution in the same way in Europe and in the US, whereas others exert different influences on the probability of supporting redistribution. We find important differences from some well‐established evidence obtained from data collected for the 1980s and the 1990s.     

Marx Inside the Circuit: Discipline device,wage bargaining and unemployment in a sequential monetary economy

The aim of this paper is to show that Marxian labour theory of value can be consistently interpreted in terms of the monetary circuit model, where firms need initial finance to start production and where the money supply is endogenous. In contrast to the recently revived Marxian monetary models, in particular the New Interpretation, it is argued here that although the money wage is bargained for on the labour market, the real wage is determined by firms' choices, since firms autonomously determine the structure of production and hence real consumption for the working class as a whole. This does not mean that firms are able to set the real wage without economic and social constraints. Starting from our circuitist reading of the labour theory of value and distribution, a model is developed in order to determine the level of employment and income distribution, on the assumptions that (i) the industrial reserve army affects wage bargaining and labour effort and that (ii) workers react to the failure of their expectations on the real wage by reducing their work intensity. In this context, it is shown that firms may increase their share of profits over time only be means of innovations.     

Face validity in personality tests: psychometric instruments and projective techniques in comparison

Face validity is a controversial kind of test validity. Personality tests are divided into two big categories: projective techniques and psychometric instruments. They differ also for face validity, which influences the perception that people have of tests themselves. The article reports the scientific debate on face validity, and the results of a study carried out on naive subjects in order to let them compare projective techniques and psychometric instruments on the mere basis of their surface. An ad hoc questionnaire was administered. It asked subjects to compare projective techniques and psychometric instruments by using 13 adjectives. The sample, accidental, is composed of 238 participants, 45 males and 193 females. The data were substantially analyzed through techniques of Correspondence Analysis. Personality tests are principally judged through two dimensions: the aesthetic and the efficacy. The first dimension characterizes in particular projective techniques; the second, psychometric instruments. Although participants acknowledge that psychometric instruments are credible and scientific, there is a clear preference for projective techniques, principally by females, people younger than 22 and participants with lower education. Personality tests have an appearance that is judged by those who look at them. The aesthetic seems to prevail on the efficacy perception, but it would be suitable to carry on the same research with a sample stratified in respect of the personal details measured by the questionnaire.     

An integrated production–distribution model for the dynamic location and allocation problem with safety stock optimization

The design and management of a multi-stage production–distribution system is one of the most critical problems in logistics and in facility management. Companies need to be able to evaluate and design different configurations for their logistic networks as quickly as possible. This means coordinating the entire supply chain effectively in order to minimize costs and simultaneously optimize facilities location, the allocation of customer demand to production/distribution centers, the inbound and outbound transportation activities, the product flows between production and/or warehousing facilities, the reverse logistics activities, etc.Full optimization of supply chain is achieved by integrating strategic, tactical, and operational decision-making in terms of the design, management, and control of activities. The cost-based and mixed-integer programming model presented in this study has been developed to support management in making the following decisions: the number of facilities (e.g. warehousing systems, distribution centers), the choice of their locations and the assignment of customer demand to them, and also incorporate tactical decisions regarding inventory control, production rates, and service-level determination in a stochastic environment. This paper presents an original model for the dynamic location–allocation problem with control of customer service level and safety stock optimization. An experimental analysis identifies the most critical factors affecting the logistics cost, and to finish, an industrial application is illustrated demonstrating the effectiveness of the proposed optimization approach.     

Information Technology, US Union Organizing and Union Effectiveness

This paper examines the effects of information technology (IT) on organizing and union effectiveness in US national unions. Original survey data and data from government and independent sources are combined to model outcomes including membership growth, success in representation elections, and union leaders' assessments of effectiveness as a product of environmental and organizational characteristics. The results suggest that the practical impact of IT use on organizing outcomes can be quite important. Evidence regarding the impact of IT on overall effectiveness (i.e. organizational or union effectiveness) is more mixed.     

The Nature and Causes of Effective Human Resource Management

Abstract : Four models of the causes of effective human resource management were tested using a large sample of national health service (NHS) provider trusts and districts. The four models, labelled organizational integration, policy integration, functional integration and process integration, were operationalized and tested in a regression analysis against a range of qualitative and quantitative measures of HRM effectiveness. The results reveal little or no association between the qualitative and quantitative measures of effectiveness and show that the models are better at explaining qualitative effectiveness. The most strongly supported models are organizational integration, reflected particularly in the formalization by senior management of HRM policy, and process integration, reflected in the quality and efficiency of personnel service and support. There is little support for policy integration — the idea of a coherent policy focus — and none at all for functional integration, that is, the view that a personnel department generously staffed by professional specialists will enhance effectiveness. The theoretical and policy implications of these results are discussed.     

Celebrating 20 Years of Publication of Accounting Education: an international journal: 1992–2011

This paper describes the background to the establishment of Accounting Education: an international journal, as well as an outline of its distinctive characteristics, including the international focus of the journal both in relation to the composition of its Editorial Boards and its authorship since its launch in 1992. A thematic analysis of papers for the second decade of the journal is incorporated, together with insights as to the future directions in accounting education. As the 20-year milestone of the journal was reached Professor Richard M. S. Wilson completed his term of office as founding Editor, and a new Editor took over. The paper recognises Professor Wilson's efforts in establishing an international journal devoted to publishing accounting education research relevant to practitioners, academics, trainers, students, researchers and professional bodies.