‘An edifying spectacle’: A history of ‘tourist corroborees’ in Victoria,Australia, 1835–1870

Parsons [Parsons, M. (2002). “Ah that I could convey a proper idea of this interesting wild play of the natives” corroborees and the rise of indigenous Australian cultural tourism. Australian Aboriginal Studies, 2(1), 14–27.] has persuasively argued that nineteenth century corroborees performed for non-indigenous audiences may be considered to be Australia's pre-eminent prototypical indigenous cultural tourism product. This paper extends Parsons' [Parsons, M. (1997). The tourist corroboree in South Australia. Aboriginal History, 21(1), 46–69; Parsons, M. (2002). “Ah that I could convey a proper idea of this interesting wild play of the natives” corroborees and the rise of indigenous Australian cultural tourism. Australian Aboriginal Studies, 2(1), 14–27.] analyses of ‘tourist corroborees’ in nineteenth century South Australia to corroborees staged in Victoria during the pastoral period and the gold rushes of the 1850–1870s. It argues that an Aboriginal-grown ‘business acumen’ developed rapidly in the economic climate of the Victorian goldfields. It also provides a historical context to this commodification.     

HETEROGENEOUS LABOUR AND ≪CLASSICAL≫ THEORY

That labour is heterogeneour is obvious, as is the significance in many dimensions, of that heterogeneity. Yet the real-world importance of heterogeneous labour is not always reflected in economic theory, “classical” or other: the purpose of this paper is therefore to develop somewhat further the brief discussions of heterogeneous labour contained in my Marx after Sraffa (1977, pp. 88-94, 18-9)¹. The paper will be divided into two parts. The first is formal and will be non-controversial — if it contains no logical errors. In the second, however, some wider issues — involving matters of interpretation — will be raised, to encourage discussion.     

The development of technology foresight: A review

The term “foresight” has long been used to describe readiness to deal with long-term issues (especially on the part of governments). This term “Technology Foresight” took off in the 1990s, as European, and then other, countries sought new policy tools to deal with problems in their science, technology and innovation systems. Large-scale exercises drew in numerous stakeholders as sources of knowledge and influence, and the prominence of these exercises led to “foresight” being used much more widely to describe futures activities of many kinds. While few new tools and techniques have been developed in these exercises, they represent an unprecedented diffusion of forecasting, planning and participatory approaches to long-term issues. Futures approaches are, in consequence, far more officially acceptable and legitimate than in the past.     

Efficiency, Bond of Association and Exit Patterns in Credit Unions: Australian Evidence

Data envelopment analysis is used in this study to provide measures of the efficiency of individual credit unions in the Australian state of Victoria in the period 1992–5. The resulting measures are consistent with those reported in comparable studies. There is no evidence that over the period of the study, the 'average' credit union moved closer to the efficient frontier. Efficiency measures are analysed according to the bond of association and the results are consistent with the proposition that a tighter bond will tend to reduce operating costs. In the period of the study there were a large number of exits by merger, including exits by small credit unions with high efficiency measures. Possible explanations in terms of the expected benefits to the members of acquiring and exiting credit unions are suggested and evaluated.     

Greening supply chains: the case of The Body Shop International

The management of the supply chain is an important element in attempts by business to lower its environmental impact. The Body Shop International (BSI) has acquired significant experience in this area, starting with the launch of its supplier environmental star‐rating scheme in 1992. This paper reports on an interview survey of 20 BSI suppliers regarding the potential for improving the environmental performance of the BSI supply chain. BSI was generally seen as a company with a clear and consistent commitment to the environmental cause and good relationships with its suppliers, both of which are critical facilitators of the process of greening their supply chain. However, some barriers were perceived by the suppliers, including the confidentiality of ideas for improvement that might offer commercial advantage, a perception that increased costs could result and the fact that very few customers other than BSI were really interested in ‘green’ products. The paper concludes with a review of the prospects for BSI working with its suppliers to improve their overall environmental impact. Copyright © 1999 John Wiley & Sons, Ltd and ERP Environment.     

Large Shareholders,the Board of Directors and the Allocation of Cash Proceeds from Corporate Asset Sell‐offs

Recent finance literature suggests that managers of divesting firms may retain cash proceeds from corporate asset sell‐offs in order to pursue their own objectives, and, therefore, shareholders' gains due to these deals are linked to a distribution of proceeds to shareholders or to debtholders. We add to this literature by examining the role of various corporate governance mechanisms in the context of the allocation of sell‐off proceeds. Specifically, we examine the impact of directors' share‐ownership and stock options, board composition and external large shareholdings on (1) shareholders' abnormal returns around asset sell‐off announcements, and (2) managers' decision to either retain or distribute (to shareholders or to debtholders) sell‐off proceeds. We find that non‐executive directors' and CEO's share‐ownership and stock options are related to shareholders' gains from sell‐offs for firms that retain proceeds. However, corporate governance mechanisms are not significantly related to shareholders' gains for firms that distribute sell‐off proceeds. Furthermore, we find that the likelihood of a distribution of proceeds, relative to the retention decision, is increasing in large institutional shareholdings, executive and non‐executive directors' share‐ownership and non‐executive representation in the board.     

University Accounting Programs and Professional Accountancy Training: Can UK Pragmatism Inform the Australian Debate?

Professional accountancy training and academic accounting programs in the United Kingdom (UK) have remained resolutely separate, despite attempts at partial integration through a system of accreditation and exemptions. This is in contrast with the situation in some other countries, notably the United States (US) and until recently Australia. This paper identifies some historical reasons for their having developed in this way and for their continuing distinctiveness. We conclude that the approach is both workable and adaptable, albeit idiosyncratic, with changes occurring over time that reflect the shifting sands of market and political pressures. With six recognised accounting bodies in the UK, this ability to respond to change is important and we surmise that it would take some fundamental shift in circumstance, such as a move towards European standardisation, for a different model to prevail in the UK.