Joint accounting choices: an examination of firms’ adoption strategies for SFAS No. 106 AND SFAS No. 109

We provide insight into an argument that firms minimize the costs imposed by new accounting standards through their adoption choices. Focusing on two standards with potentially large impacts on both balance sheet and income statement accounts for many firms, we present evidence that firms chose their strategies for SFAS No. 106 (OPEB) and 109 (DTAX) jointly rather than separately. We also provide insight into how firms view recurring versus non-recurring charges, and how they weigh the tradeoff between a large one-time (income decreasing) charge against the smaller, but longer lasting effects of amortization.

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This paper presents a case study of a landslide that devastated a small rural community in the redwoods of northern California. This seemingly mundane event is used to explore several insights offered by recent literature on environmental risk, and illustrate the extent to which our reliance on modern, technologically complex industrial systems as the basis for risk scholarship may limit our understanding of the role of environmental risk in society. This landslide, and the political upheaval that followed it, point to the need for more rigorous sociological analysis of how hazards , rather than risks, are legitimated in political discourse through a process called 'normalization'; and of the complex of organizational structures of causation that encourage the development of risky situations, not only in modern technological systems, but in systems of society-environment interaction with a much longer history, such as the extraction and management of timber.     

Guilt and giving: A process model of empathy and efficacy

This research develops a model of consumer response to charity appeals. Using the Extended Parallel Process Model from the fear appeal literature as a foundation, the current model proposes that empathy and self‐efficacy generate guilt and reduce maladaptive responses, which, in turn, shapes donation intention. The results demonstrate that the impact of empathy on charitable donation intention is fully mediated by guilt and maladaptive responses. The impact of self‐efficacy is partially mediated by guilt and maladaptive responses. Therefore, both empathy and self‐efficacy determine whether guilt or maladaptive responses result. This model clarifies the process through which guilt appeals operate, by identifying the roles of empathy and self‐efficacy. © 2008 Wiley Periodicals, Inc.     

Environmental participation in the U.S. sulfur allowance auctions

The 1990 Clean Air Act established a sulfur emissions-trading program among utilities. This was the first large scale adoption of this type of emissions-trading program and the program’s success has attracted international attention. An interesting aspect of this program is that in addition to trades among the polluting firms and brokers or investors, individuals and groups have been participants, buying allowances to retire them and reduce sulfur emissions. This provides a relatively unique way to examine the “willingness to pay” for further reductions of sulfur emissions. I examine environmental participation in the sulfur allowances market, focusing on the Environmental Protection Agency (EPA) allowance auctions which have been conducted annually since 1993. The existence of groups purchasing these allowances in order to retire them suggests that the overall cap on sulfur emissions may be higher than the optimal emissions level. The marginal benefits from the first ton of emissions reduction appear to be significantly larger than marginal abatement costs. Total spending to retire sulfur emissions allowances, while small in relation to the total market, is sizeable in terms of the alternate purchases these groups and individuals could have made.      

Service Delivery Encounters in Business-to-Business Contexts as a Source of Innovation – A Conceptual and Explorative Study

This article offers a conceptual and empirical view on the potential for innovation impulses stemming from the supplier-customer interface as a more or less unplanned by-product of customer contact of service companies. The empirical findings support the existence of a considerable innovation potential at the supplier-customer interface. Determinants of this source of innovation are identified and suggestions are made as to how companies can tap this potential. A translation of all German literature titles is provided in parentheses     

The Market for New Ph.D. Economists

Multinomial logit analysis, based on survey questionnaires, shows that graduate program ranking, length of time in the Ph.D. program, publications, and marital status are important determinants of occupational outcome for new Ph.D. economists.     

Adding consumer behavior insights to category management: Improving item placement decisions

Although practitioners attribute significant sales growth to category management, many believe more potential lies untapped. This paper suggests improvements through the use of consumer behavior research as a supplement to point-of-purchase scanner information. In particular, we outline several concepts and theories with special promise in six decision areas of category management, suggesting opportunities for both future research and industry application. An empirical demonstration of one such opportunity is presented showing how two consumer behavior concepts - context effects and categorization theory - reveal insights relevant to item placement decisions within category management that would not be revealed by scanner data.     

Amazon Mechanical Turk and the commodification of labour

Crowd employment platforms enable firms to source labour and expertise by leveraging Internet technology. Rather than offshoring jobs to low‐cost geographies, functions once performed by internal employees can be outsourced to an undefined pool of digital labour using a virtual network. This enables firms to shift costs and offload risk as they access a flexible, scalable workforce that sits outside the traditional boundaries of labour laws and regulations. The micro‐tasks of ‘clickwork’ are tedious, repetitive and poorly paid, with remuneration often well below minimum wage. This article will present an analysis of one of the most popular crowdsourcing sites—Mechanical Turk—to illuminate how Amazon's platform enables an array of companies to access digital labour at low cost and without any of the associated social protection or moral obligation.