The missing subject found in the subject who does the thinking: Kierkegaard,the ethical and the subjectivity of the critical theorists

The project of critical management theory is based on a view of a theorist who intervenes in the activity of managers and employees aiming at their emancipation. It involves an image of subjectivity governed by structural determinants that render the subject incapable of freeing himself without a scholar's involvement. In the discussion that follows, I seek to explain how this image has been developed and how it paved the way to ethical–methodological necessity, which obliges the theorist to intervene in the realities of the objects of their study. I contrast this with a view of subjectivity provided by Søren Kierkegaard. I explain how he theorizes its relationship with the ethical and the limitations in generating knowledge claims about the morality of the other.     

Nature-based Tourism and Environmental Sustainability in South Africa

Assessments of environmental factors contributing to sustainable tourism are described in relation to four photographic wildlife tourism enterprises in South Africa. A series of qualitative and quantitative results are presented to demonstrate how nature-based tourism enterprises in protected areas address their environmental impacts. Field-based evaluations and interviews with local community members show how a new Sustainable Nature-based Tourism Assessment Toolkit (SUNTAT) was used to evaluate enterprise performance. Motivations underlying environmentally responsible activities undertaken by private- and public-sector enterprises are described, in addition to their limitations and constraints. Conclusions are made regarding the need for environmentally responsible activities to utilise commercially appropriate best practice, and to consider both the local level and neighbouring livelihood strategies.     

Generation Y: opportunity or challenge – strategies to engage Generation Y in the UK attractions’ sector

This study examines the extent to which Generation Y (Gen Y) serves as an opportunity or challenge for visitor attractions in the UK and the corresponding strategies adopted to seek engagement with this generational segment. A multiple-case study design was adopted with face-to-face interviews undertaken with senior personnel at leading visitor attractions across the UK. The paper advances a number of marketing and experiential strategies before advocating that further research is required to explore the growing pains of Gen Y from ‘adolescence’ to ‘adulthood’ if the industry is going to be able to understand, meet and hopefully exceed their needs, wants and expectations in the challenging years to come.     

Near-efficient equilibria in contribution-based competitive grouping

We examine theoretically and experimentally how competitive contribution-based group formation affects incentives to free-ride. We introduce a new formal model of social production, called a “Group-based Meritocracy Mechanism” (GBM), which extends the single-group-level analysis of a Voluntary Contribution Mechanism (VCM) to multiple groups. In a GBM individuals are ranked according to their group contributions. Based on this ranking, participants are then partitioned into equal-sized groups. Members of each group share their collective output equally amongst themselves according to a VCM payoff function. The GBM has two pure-strategy Nash equilibria. One is non-contribution by all; this equilibrium thus coincides with the VCM's equilibrium. The second equilibrium is close to Pareto optimal. It is asymmetric and quite complex from the viewpoint of experimental subjects, yet subjects tacitly coordinate this equilibrium reliably and precisely. Extensions of the basic GBM model to incorporate various features of naturally occurring group formation are suggested in the conclusion.     

Inter‐Firm Trade Finance in Times of Crisis

The paper discusses the main features that distinguish inter‐firm international trade finance from alternative sources of financing and evaluates the potential effects of a financial crisis on the use of this form of financing for firms operating in developing countries. It argues that, on the one hand, inter‐firm trade finance could help overcome informational problems associated with other lending relationships, but, on the other, it may contribute to propagate shocks because of the interconnection among firms along credit chains. While these advantages could remain largely unexploited because of poor legal institutions, the disadvantages could be exacerbated because of these firms’ greater exposure to a default chain. Based on these arguments, a menu of choices is identified for policymakers to boost firms’ access to inter‐firm trade finance in times of crisis.     

Contracts with Wishful Thinkers

In a setting with a wishful thinking agent and a realistic principal, the paper studies how incentive contracts should be designed to control for both moral hazard and self‐deception. The properties of the contract that reconcile the agent with reality depend on the weight the agent attaches to anticipatory utility. When this is small, principal and agent agree on full recollection. For intermediate values the principal bears an extra cost to make the agent recall bad news. For large weights, the principal gives up on inducing signal recollection. We also extend the analysis to the case in which the parameter of anticipatory utility is private information.     

Profiling people’s perceptions of retail management careers

Abstract

Educators are challenged to generate awareness of retail education programs and related career options. A corresponding issue for retailers is the recruitment and retention of career-oriented managers. The issue is complicated by negative attitudes in the general population about retail careers and a lack of awareness about retail career options. This study examines these attitudes through a questionnaire administered to a nation-wide sample of 310. A cluster analysis reveals four groups based on differences in their demographic/psychosocial characteristics and career preferences. The findings provide foci and key messages targeted to the distinct groups upon which retail managers and educators can base discrete career awareness and recruiting strategies.