Efficiency Wages and the Regulated Firm

This paper develops empirical tests of "efficiency-wage" hypotheses and applies these tests to data on a regulated firm. According to efficiency-wage theory, wage levels positively affect employee performance and, moreover, cost minimization requires that employers pay a wage premium above the supply price of labor. To explore these issues, we use company-level data to estimate production and quit functions that allow for efficiency-wage effects. Our empirical results support efficiency-wage theory: payment of a wage premium reduces the firm's quit rate, raises labor productivity, and lowers operating costs. These findings call into question the regulatory practice of disallowing labor expenses when the regulated firm's wage levels exceed market averages.     

INDIVIDUAL,INSTITUTIONAL, AND SPECIALIST TRADE PATTERNS BEFORE AND AFTER DISCLOSURE

We examine the trade response of individuals, institutional traders, and specialists to disclosures. We investigate reactions to good versus bad news and mandatory versus discretionary announcements. We find that individuals and institutions both have heightened trade activity before disclosures. Institutional trade runs counter to the price reaction to upcoming discretionary disclosures. Institutions' post‐announcement trade is consistent with the direction of the price reaction to the announcement, whereas individuals' post‐announcement trade runs counter to the price reaction. Although specialists face increased trade pressure both before and after announcements, strong directional imbalances in specialist trade are not observed. JEL classification: G14     

Factors influencing student perceptions of unethical behavior by personal salespeople: An experimental investigation

Historically, students have held negative perceptions about the ethics of salespeople. Using an experiment, this study explores which factors affect students' perceptions of how frequently salespeople behave unethically. Additionally, the study investigates whether the same factors influence the degree to which certain behaviors are considered serious ethical violations.John R. Sparks is an Assistant Professor of Marketing at the University of Dayton.Mark Johlke is a doctoral candidate in marketing at Texas Tech University. Dr. Sparks' research interests are in the areas of marketing ethics and marketing communication. Mr. Johlke's research interests are in sales management.     

Diane C. Vecchio. Merchants, Midwives, and Laboring Women: Italian Migrants in Urban America

In Merchants, Midwives, and Laboring Women: Italian Migrantsin Urban America, Diane C. Vecchio takes on "inherent assumptionsabout Italian culture and male control of women as a paradigmfor understanding Italian women's work and wage-earning experiences"(p.2). Instead, she offers a portrait of working women who areagents in the economic fortunes of their families and the culturalpractices of their communities, making decisions about theiremployment based on local economic conditions and a varietyof additional variables: gender segmentation of the workforce,geographical     

The application of the social tenure domain model (STDM) to family land in Trinidad and Tobago

Family land is a form of communal tenure found in some of the countries of the English-speaking Caribbean inclusive of Trinidad and Tobago. It has been problematic to administer, is sometimes the source of land conflict and litigation, it has been seen as the cause of many land-related problems such as land degradation and fragmentation, and has therefore been targeted for eradication by land title registration programmes. Informal occupation of many years standing on state and private land is also widespread in Trinidad and Tobago. Recording the existence of these extant extralegal but legitimate rights would go a long way to improving the land administration and the security of tenure on these lands.     

Flexibility,labour segmentation and retail superstore managers: the effects of Sunday trading

Research into retail employment relations has focused largely upon the shop floor worker. Relatively little has been written on the role of store management. This paper focuses upon managerial attitudes to one of the major contemporary retail issues- Sunday trading. It examines the composition of the managerial workforce within the DIY and grocery superstore sectors and analyses their attitudes towards Sunday opening. It concludes that, compared to other job categories, these superstore managers perceive there to be greater disadvantages with Sunday working. The implications of this are assessed both in retail management terms and also in the context of debates about restructuring retail employment, labour market segmentation and flexible workforces     

Travel app users’ continued use intentions: it’s a matter of value and trust

This study examines the factors that influence the continued use intention of mobile apps designed for travel-related purposes. Interviews with 22 individuals provided data for developing a conceptual model of travel app continued use intention. The model draws on the expectation confirmation model framework, as well as interviews, to illustrate the relationship between functional value, hedonic value, satisfaction, and trust, and to discuss the link between moderators of familiarity, travel purposes, travel app types, and technology proficiency as predictors on continued use. The study’s results establish an in-depth understanding of continued use for travel apps.     

The UK Research Assessment Exercise (RAE) 2001 and Retail Research Output

Knowledge creation processes in British Universities have been affected significantly by formal evaluations of research performance. The Research Assessment Exercise (RAE) 2001 in the UK shows that retail research is based primarily in the business and management subject area and in selected institutions. There is a tension amongst institutional strategies to maximise assessment results and thus income, individual career paths, journal 'ratings' and the direction of research. The emerging focus on a North American model of research knowledge creation raises fundamental concerns covering the philosophy, methodology, techniques and topics of retail research in the UK.