Mothers’ Milk and Measures of Economic Output

Thoughtful economists have long been aware of the limitations of national accounting and GDP in measuring economic activity and material well-being. Feminist economists criticize the failure to count women's unpaid and reproductive work in measures of economic production. This paper examines the treatment of human milk production in national accounting guidelines. Human milk is an important resource produced by women. Significant maternal and child health costs result from children's premature weaning onto formula or solid food. While human milk production meets the standard national accounting criteria for inclusion in GDP, current practice is to ignore its significant economic value and the substantial private and public health costs of commercial breastmilk substitutes. Economic output measures such as GDP thus are incomplete and biased estimates of national food production and overall economic output, and they distort policy priorities to the disadvantage of women and children.     

Creditor rights and the outcome model of dividends

Using a sample of 22,374 firms from 35 countries, we examine the role of creditor rights, shareholder rights, and corporate governance in determining corporate dividend policy. We find that, while all three variables play a significant role in determining both the likelihood and the dividend amount, the effect of country-level creditor rights dominate. In subsequent analysis, we show that the outcome model is most effective in countries with strong creditor rights. When creditor rights are weak, creditors demand, and firms consent to lower dividends. These findings show that creditors, and not shareholders, exert the greatest influence over corporate dividend policy.     

AE Briefings — Statement of Intent

This paper seeks to address the perceived failure of university teaching to foster critical understanding of audit practice and to identify a potential remedy. It contributes to the debate (Maltby, 2001, “Second thoughts about ‘Cases in Auditing’,” Accounting Education: an international journal, 10(4), 421–428) by investigating the double-faceted nature of auditing: as a sub-set of the academic discipline of accounting and as professional practice. Although case studies are helpful for students of auditing, they tend to be artificial, or at best, retrospective. This paper introduces a different type of case study for audit education using corporate failure stories from the media as an example, proposing and explaining the notion of the ‘living case’ in order to foster critical appraisal of audit practice. It contributes to the literature on audit education by describing how this different type of case can address both the technical activities and the social practice of audit through Kolb's (1984, Experiential Learning: Experience as the Source of Learning and Development, Englewood Cliffs, NJ: Prentice Hall) experiential learning theory and thus concludes that there is a place for the practical nature of auditing in academic study, in order to fully appreciate the social aspects.     

Community-Based Destination Governance in a Developing Economy: The Jamaican Experience

Utilizing a destination governance and social capital conceptual framework, the research examines opinions concerning goals and outcomes in regards to the Jamaican Ministry of Tourism's Ten-Year Master Plan to enhance tourism and increase shared governance. In addition to secondary sources of information, researchers use primary data obtained through an email survey sent to 540 Jamaican managers and executives, 18.3% of whom (n?=?99) completed the survey. Study findings may be deemed contrary to destination governance theory and best practices. However, upon closer examination, they are wholly consistent with theory and models that examine governance issues in developing nations. Arguably, Jamaica tourism may not be ready to fully embrace a network-based model of destination governance, but instead is in the process of evolving toward that model. The findings should be useful for the Jamaican and other developing nation's tourism industries. Further, it should spark discussion regarding governance differences between developing versus developed destinations.     

A study in international marketing: The development of a consumer database marketing capability

This paper examines the reasons why Seagram Europe & Africa (SE&A) decided to develop their database marketing capability in Europe. The paper describes the environmental changes, external and internal, that led SE&A to re‐evaluate their marketing communications strategy and examine sponsorship and direct marketing opportunities for Europe. The paper focuses on the major issues SE&A addressed when weighing up the strategic role of database marketing. Finally, the key considerations in the development and implementation of an European‐wide database marketing discipline for the division are discussed.     

Can leadership branding work in theory and practice to resolve the integration-responsiveness problems facing multinational enterprises?

Leadership branding has been proposed as a new approach for transforming the impact of leaders in organizations by developing a shared leadership identity. There has, however, been little empirical evidence to support the concept. In this paper, we combine new theories of leadership identity construction with dialogue theory to provide a more adequate explanation of why leadership branding might offer multinational enterprises (MNEs) with a useful conceptual framework and a set of practices to help resolve the integration-responsiveness problems they face. We do this by using data from a longitudinal case study of a UK-based MNE. Our findings support the claims that successful identity construction and dialogue help explain the process of leadership branding. They also show that a leadership-structure schema emphasizing shared values and dialogue can assist in resolving integration-responsiveness problems in MNEs, although strong corporate leadership brands are difficult to establish and may not be beneficial in the long term.     

Market orientation,job satisfaction,product quality,and firm performance: evidence from China

This article examines the processes by which market orientation (MO) affects performance using a cross‐level approach. The results of a survey of 2,754 employees from 180 firms in China show that organization‐level MO culture leads to unit‐level MO behavior, which improves employee‐level job satisfaction and then product quality, which in turn fosters organizational performance. In particular, MO behavior fully mediates the effects of MO culture on employee satisfaction, product quality, and organizational performance. Leadership quality strengthens the effect of MO culture on unit‐level MO behavior. Moreover, MO behavior enhances firm performance indirectly through employee job satisfaction and product quality. Copyright © 2008 John Wiley & Sons, Ltd.     

让领导人理解真实的企业文化（二）

缩小文化现实和理想间的差距 为什么公司有兴趣进行文化评估?如果企业希望自己实现目标的能力达到最大化,它就必须明确公司中的主流文化是否有助于推动员工行为实现企业战略目标.文化评估可以使公司对现实文化和理想文化间的差距进行分析.描绘出理想图景并正确认识现实差距,可以为设计缩小差距的机制提供关键的信息.如果竞争环境变化迅速,那么企业文化也需要随之变化.