Public Sympathy for O. J. Simpson

ABSTRACT This paper examines those factors affecting public attitudes about the O. J. Simpson trial and the American criminal justice system. The separate and combined effects of these factors–which include race, age, gender, income, and education–were estimated using a logit model. It was found that blacks were more likely than whites to be sympathetic to Simpson and to believe he was innocent of the crimes he was charged with. Older individuals, males, those with higher incomes, and those with more education were less likely to be sympathetic to Simpson and more likely to think he was guilty. Finally, it was found that blacks were more likely than whites to perceive that the criminal justice system is biased against blacks.     

Technological Threat and Opportunity Assessment

One of the major challenges in the management of innovation is a practical and useful implementation of technology forecasting. This article proposes the concept of aniticpating the technological future, and that a structured approach to this concept could be an invaluable aid to technical decision-making. The notion of technological threat and opportunity assessment is presented as a useful framework for anticipating technological change. This notion is based on a dual approach.Firstly, a rapidly changing global technological landscape necessitates keeping track of technological developments. However, since we are dealing with innovation (rather than mere invention), the market implications are as important as the technological ones and have to be accounted for as such. Secondly, any organisation could be considered to be technology-based to some or other degree, implying that technologies have the ability to affect the bottom line of the organisation in some way. It is thus required to assess the business impact of such technologies, typically through a technology or innovation audit.Having assessed specific technological threats and opportunities facing the organisation, an innovation strategy needs to be developed in response to the identified threats and opportunities. Various possible offensive and/or defensive responses should be considered, culminating in the selection and implementation of an optimal strategy.     

Management heterogeneity,competitive interaction groups,and firm performance

One of the fundamental problems in strategic management is to map a heterogeneous set of firms in an industry into subsets of firms within which firms are homogeneous in their conduct and performance. The strategic group concept provides an answer to this intriguing question. Researchers in strategic group theory argue that firms within the same strategic group are behaviorally similar and thus tend to compete more fiercely within the group than across groups. In this paper, we focus on the question whether firms within the same group show similar decision‐making characteristics. Strategic‐choice theorists argue that top management teams in firms have substantial discretion in determining the future strategic contour of firms. Upper‐echelon theorists also argue that top managers are the strategists who set the direction of firms and the pace of competition in the industry. Further, they argue that top management team characteristics are an important element that determines the market niche in which a firm competes and the strategic direction a firm follows. Based on these arguments, we expect that there will be a significant link between grouping of firms by the patterns of competitive interactions and grouping of firms by top management team heterogeneity. Moreover, we argue that the closer the TMT heterogeneity of a firm is to the dominant heterogeneity in the competitive interaction group, the better it performs. Copyright © 2000 John Wiley & Sons, Ltd.     

Are fully independent audit committees really necessary?

Accounting scandals and concerns about the quality of financial statements have led to many calls for improved audit committee effectiveness. Prior research indicates that audit committee independence is positively related to effective oversight of the financial reporting process. Unfortunately, prior research has not provided an answer as to how much independence on the audit committee is enough. This is an important unanswered question because while Section 301 of the Sarbanes-Oxley Act of 2002 (SOX) currently requires all listed companies to maintain an audit committee that is 100% independent there has been much debate regarding easing the SOX requirements for smaller and foreign companies. In this paper we examine whether the regulatory requirements of a completely independent audit committee are necessary to obtain the monitoring benefits related to audit committee independence that have been documented in prior literature. Our results suggest that the benefits of audit committee independence are consistently achieved only when the audit committee is completely independent. These results provide support for the SOX requirement of 100% independent audit committees.     

A reappraisal of the forecasting performance of corn and soybean new crop futures

Forecasting performance of December corn and November soybean futures contracts during the previous spring was evaluated using the commonly specified price-level and percent-change models. These models invoke different assumptions regarding stationarity. Using Stein's analytical framework, results for the price-level model suggest avoidable social loss existed in the soybean market since 1973, because November futures provided biased forecasts. Regression R²s for both corn and soybeans declined substantially between 1952–1972 and 1973–1997, suggesting total social loss increased. By contrast, results from the percent-change model suggest only unavoidable social loss existed in the corn and soybean markets, because the futures provided unbiased forecasts. R² increased for corn but declined for soybeans, suggesting unavoidable social loss declined for corn, but increased for soybeans. The important, conflicting nature of the results from the two models underscores the importance of examining alternative model specifications when evaluating price forecasting performance. © 1999 John Wiley & Sons, Inc. Jrl Fut Mark 19: 604–618, 1999     

Legal Origins,Corporate Governance,and Environmental Outcomes

Despite significant scholarly debate about knowledge production in the management discipline through the peer-review journal processes, there is minimal discussion about the ethical treatment of the research subject in these publication processes. In contrast, the ethical scrutiny of management research processes within research institutions is often highly formalized and very focused on the protection of research participants. Hence, the question arises of how management publication processes should best account for the interests of the research subject, both in the narrow sense of specific research participants and in the broader understanding of the subject of the research. This question is particularly pertinent in light of significant codification of research ethics within academic institutions, and increasing self-reflection within the management discipline about the “good” of management research and education. Findings from a survey and interviews with management journal editors (and others involved in journal publication) reveal a complex scenario; many editors believe that a formalized requirement within the journal publication process may have detrimental outcomes and, in fact, diminish the ethical integrity of management scholarship. Building on these findings, this paper argues that ethical concern for the research subject merely in terms of institutional rule compliance and avoidance of harm to individual participants is insufficient, and calls for explicitly positive engagement with both the individual and the collective subject of management research should receive due ethical consideration. An alternative model involving reflexive ethical consideration of research subjects across the publication process—with implications for role of authors, reviewers, editors, and research subjects—is outlined.     

Modality analysis: a semantic grammar for imputations of intentionality in texts

Modality analysis is a text analysis methodology that affords comparisons of how people from distinct cultural contexts differ in their accounts of why one or more of their numbers find specific activities possible, impossible, inevitable, or contingent. The technique is built around a two-part semantic grammar, the application of which involves the identification of modal clauses in texts, the classification of these clauses according to their modal forms, and the identification of rationales associated with the clauses’ modalities. We show that with sufficient training the method affords high interrater agreement. After providing a few tips on data-collection strategies, results are presented from a modality analysis of editorials sampled from the Arab newspaper, Al Riyadh, and the Hindi newspaper, Hindustan. The analysis illustrates how modal expressions can be used in locating well-known (e.g., Islamic and Hindu) cultural characteristics from among the vast quantities of discourse that societies continuously generate.     

Compatibility and unlearning in knowledge transfer in mergers and acquisitions

Despite wide recognition of the central role of knowledge and its transfer, extant research has focused much on some important aspects of knowledge transfer and paid little attention to others. We focus on two underexplored issues in the knowledge transfer literature, namely: (a) compatibility of new knowledge with recipients’ needs, interpretations of its past experiences and its existing norms, and (b) organizational unlearning, which moderates the relationship between compatibility and extent of successful knowledge transfer. We examine different types and dimensions of knowledge compatibility and organizational unlearning within our proposed knowledge transfer process framework. We situate our discussion primarily within knowledge transfer in cross-border mergers and acquisitions. Based on the proposed model, we also offer propositions future research can test.     

How Have Restaurant Firms Responded to Food Safety Crises? Evidence From Media Coverage

Media communication has become a crucial part of crisis communications due to the rapid dissemination of information along with its immense impact on consumers and other stakeholders. Based on a structured content analysis of electronic media reports on restaurant-associated food safety crises from 1993 to 2015, this study examined media reporting patterns focusing on three elements: instructing information, crisis response strategies, and stakeholders. This study also identified the effect of situational factors (severity of risk and crisis type) on the media reporting patterns using Chi-square tests. The results indicated that restaurant firms were more likely to use proactive than passive response strategies, and identified primary stakeholders during a food safety crisis such as regulatory agencies, victims, and customers. Finally, two situational factors were found to influence the pattern of media reporting. The media reporting patterns were found to vary by risk severity and crisis type.