Uncovering the Value of Green Advertising for Environmental Management Practices

This paper extends previous environmental management research by building and empirically testing a model of the contingency effects of green advertising on the relationships between environmental management practices in terms of environmentally conscious manufacturing and product stewardship, environmental reputation and financial performance. We examine the value of green advertising in sharing and publicizing information about organizational achievements in environmental preservation in a business‐to business context with the Taiwanese electronics manufacturing industry. The theoretical propositions are largely confirmed by structural path analyses of survey responses collected from 122 Taiwanese electronics manufacturers. Green advertising delivers financial benefits only for those manufacturers that do not have an established environmental reputation. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment     

Measuring the end of the European financial crisis

In 2013 it was declared that ‘the eurozone crisis is over’. However, in fact, the series of financial crises since 2008 may have interrupted the process of EMU enlargement, which in turn triggered a continuing crisis of confidence in the euro. In this paper we extend the sigma‐convergence test to provide a more precise understanding of real interest rate parity (RIP) convergence. On the basis of this, we predict the timing for eliminating the cost of economic asymmetric shocks. Our estimation indicates the RIP among EMU members and accessions were still valid after the disruptions of the 2008 financial crisis. However, the situation has been even worse since the 2010 European sovereign debt crisis, and ceteris paribus, symmetry cannot be achieved without further policy actions. This implies that the EMU authority must do its best to strengthen symmetry and thereby solidify the EMU, at which point it will be better able to re‐start the process of enlargement.     

An Asian Currency Unit: Simulations for Its Effects on East Asia

An Asian currency unit (ACU) is necessary to deepen Asian financial markets and to convert national currencies into a single monetary policy. However, the experiences of the European Currency Unit and the European Exchange Rate Mechanism crisis in 1992–93 have indicated the danger of the so‐called gradual approach. This study evaluates the effects of welfare should the ACU indicator become a long‐term constraint of the People's Republic of China and Japan, the big two in East Asia. Our results indicate that the constraints of countries’ own baskets (e.g. real effective exchange rates) are still better before the launch of a true single currency. That is, pegging to an ACU indicator could hardly be sustained in the long‐run if East Asian countries have not reached a consensus about a regional monetary union.     

Sustainable Development of Electrical and Electronic Equipment: User‐driven Green Design for Cell Phones

Communication and cooperation with consumers are key to sustainable development. This article considers the environmental and user benefits of producing a sustainable product design that enable users' involvement and encourages the use of sustainable products to enhance environmental value. Depending on users' sensitivity to ecodesign for energy‐related products, six environment evaluation criteria may structure their perceptions of cell phone attributes (monitor, panel, battery, shell, modeling, lens and fingerprint). Innovative methods are needed for effective communication, as well as to encourage consumer participation in designing sustainable products that satisfy their needs. The design of product attributes appears able to enhance the sustainable development of products, through users' awareness of various environmental characteristics. This study thus proposes a unique method to understand product design structures and make cell phone design decisions that feature individualized designs. Copyright © 2012 John Wiley & Sons, Ltd and ERP Environment.     

An application of six sigma methodology to reduce shoplifting in bookstores

Recently, bookstores in Taiwan have been facing keen competition and the resultant impact. Most shopkeepers understand that when they sell one hundred dollars worth of merchandise, they may not even generate ten dollars worth of profits. However, when they lost one hundred dollars worth of merchandise by shoplifting, it means they lost 100% of cost and possible profits. For this reason, shopkeepers face a crucial task, determining how to construct a model with a set of evaluations, analysis and suggested improvements, in order to promote the management of shoplifting in bookstores. This article, therefore, applied Six Sigma methodology to help reduce the incidence of shoplifting in bookstores.     

A forecasting model for food and other expenditures

An econometric model consisting of an inverse demand system and a set of lagged supply response relationships; for major categories of US personal consumption expenditures is formulated. The model is capable of sequentially forecasting per capita personal consumption expenditures and their expenditure shares in the long run.     

Evaluating Californian under‐age drunk driving laws: endogenous policy lags

When evaluating the effectiveness of a policy, most studies assume that the policy effect begins with the date of enactment. However, there often exists an endogenous policy lag, due to information acquisition and the cost of adjustment. Meanwhile, the policy impact may be a gradual implementation from one level to another, instead of a one‐time shift behavior. To account for these issues when evaluating the Californian under‐age drunk driving laws, this paper adopts two econometric techniques: the multiple structural change methodology and the smooth transition method. The methods detect two effective policy changes and also reveal the existence of policy lags. In addition, ignoring these lags leads to severely biased estimates of policy effects. A long transition period is identified for the first under‐age drunk driving policy, while an abrupt transition is found for the other. In summary, the paper shows that the two econometric techniques complement each other and will be useful for policy evaluation. Copyright © 2011 John Wiley & Sons, Ltd.     

On the Neutrality of Profit Taxation in a Mixed Oligopoly

This paper investigates the neutrality of profit taxation in a mixed oligopoly where one (partially) public firm competes with private firms. We find that the neutrality of a profit tax is robust under a general cost and a general demand function as long as the degree of privatization is endogenously determined. This result is also true when product heterogeneity is considered under both Cournot and Bertrand competition. By contrast, if the degree of privatization is exogenously given, the profit tax neutrality holds only in the cases where the public firm is fully privatized or fully state-owned; otherwise, the neutrality breaks down.     

Gossip in the workplace and the implications for HR management: a study of gossip and its relationship to employee cynicism

Gossip is a common phenomenon in the workplace, but yet relatively little is understood about its influence to employees. This study adopts social information theory and social cognitive theory to interpret the diverse literature on gossip, and to develop and test hypotheses concerning some of the antecedents of gossip, with an aim of developing knowledge of the relationship between gossip and employee behaviour in the workplace. The study analysed survey data in a two-stage process, from 362 employees across a range of industries in Taiwan. The findings revealed that job-related gossip predicted employee cynicism and mediated the relationship between psychological contract violation and cynicism, and that non-job-related gossip showed a similar but weaker effect to employee cynicism. The contribution made by this paper is of value to both the academic subject domain and managers in Human Resources. First, we have identified two constructs of gossip, job-related and non-job-related gossip not previously reported and a validated scale has been created. Second, we have confirmed that these different constructs of gossip impact differently on employee behaviour and therefore HR managers should be cautious about gossip in the workplace, as it can cause cynical behaviour amongst employees.     

Deterrence and Incapacitation Effects in a Closed Area: A Case Study of Auto Theft in Taiwan

Deterrence and incapacitation effects of auto theft are estimated with a full consideration of substitution effects across crime types and across districts in a closed area in which none of the effects will leak out. It is found that the increase in the cleared rate of auto theft crime in a certain district and in other districts strongly deters the auto theft in that district, indicating that the across‐district deterrence effect dominates the across‐district substitution effect. The across‐crime deterrence effect significantly exceeds the across‐crime substitution effect for close crime (general theft), but is insignificant for distant crime (violence).