Does Executive Sponsorship Matter for Realizing Project Management Value?

Executive sponsorship is critical to project success; however, the impact of the sponsorship role on project management value and sustainability is not known. Using correlation analysis we examine survey responses from 91 U.S. executives. Formalizing and providing training on the sponsorship role and responsibilities are both significantly related to senior management's perception of the sustainability of project management value. Unexpectedly, no significant relationship exists between the prevalence of the sponsorship role and project management value outcomes. These results extend our understanding of the importance of the sponsorship role and provide practical guidance for those seeking to improve the sustainability of project management value.     

The impact of non-neutral federal regulatory policy on competition

We present a duopoly competition model to illustrate how the simultaneous incorporation of two US federal regulatory programs negatively affected telecommunications competition during the past decade. Our model shows that the simultaneous implementation of the Universal Service Fund policy that grants subsidies to incumbent telecommunications providers serving in high-cost areas, and the carrier of last resort policy that mandates incumbents to provide service in under-served geographic areas, deters competitive entry in low-cost markets and thereby runs counter to the objectives for which the policies were intended. This model provides a theoretical explanation of a failure of federal policy.     

Self‐Monitoring and Performance Appraisal Satisfaction: An Exploratory Field Study

Members of 12 project teams in five organizations participated in a study that assessed their self‐monitoring characteristics and level of satisfaction with their performance appraisal system. Overall, taking part in self‐ratings and upward appraisals of team leaders was associated with greater levels of appraisal satisfaction than was participating in peer evaluations. Self‐monitoring level was negatively associated with appraisal satisfaction after controlling for level of ratings generated by peers, self, and leader. The paper discusses results, and offers practical implications in light of the social and interpersonal context that surrounds performance evaluation. © 2001 John Wiley & Sons, Inc.     

An Exegesis on Currency and Banking Crises

Abstract.  This paper reviews the literature on currency and banking crises. Currency and banking crises are characterized according to some standards in the literature and their historical record summarized. The development of the literature from first through fourth‐generation, or so‐called 'institutional' models is reviewed. A digression on institutions is provided along with some sidebars on the development of the literature on institutions as it relates to economic growth. The empirical research on third‐generation (or twin crises) models and on institutional models of currency and banking crises, which are so far scarce, is covered too. A summary of the main policy issues for dealing with financial crises is presented. The paper closes with an emphasis on institutions and a call for more research directed at institutions and their role in the financial system.     

Chance Events and Executive Career Rebranding: Implications For Career Coaches and Nonprofit HRM

We conducted and analyzed interviews with 20 executives from the for‐profit sector who had transitioned into second careers in the nonprofit sector. Our qualitative study provides an in‐depth analysis of the critical events that triggered career agency and stimulated the change process. At each stage of transition, the executives revisited their personal brands, deciding how to best position their skills, knowledge, and values within the context of their new nonprofit organizations. This research contributes to academic and practitioner knowledge of new career paths open to mid‐ and late‐career executives and insights for nonprofit leadership, as many nonprofits can anticipate major shortages of qualified executives. Each stage in the career transition process provides opportunities for human resource professionals to contribute to successful nonprofit leadership change: first, by creating opportunities for “chance events” motivating transition, followed by career coaching opportunities before and throughout the transition. © 2016 Wiley Periodicals, Inc.     

Corporate governance and private placement issuance in Australia

In this study, we examine the effectiveness of corporate governance in mitigating dilution in the economic and voting interests of existing nonparticipating (retail) shareholders in private placements. Based on a sample of 2420 private placements in Australia from 2001 to 2012, we find support for this proposition through the influence of corporate governance on pricing negotiation and firms’ choice of issuing method in private placements. Specifically, firms with better corporate governance offer private placements with a smaller discount, and are more likely to include a share purchase plan, which protects nonparticipating shareholders from ownership dilution in the placement.