Testing the relationship between work and health : A bivariate hazard model

A bivariate hazard model which allows the hazards to be correlated shows that decisions about work and health are significantly related. Failure to take the correlation into account will cause selectivity bias.     

Joint ventures and competitive strategy

A framework for using joint ventures (and other forms of cooperative strategy) within varying competitive environments is constructed, and hypotheses are developed concerning the impact of particular industry traits upon firms' options in pursuing them. Industry examples illustrate the framework's hypotheses. In this framework, demand traits suggest what types of cooperative strategies are needed. Competitor traits suggest how firms will respond to these needs for cooperation. Since joint ventures can be inherently unstable organizational forms, it is important for managers to (1) select the right cooperative strategy option and (2) modify the autonomy from (and coordination with) sponsoring firms that ventures enjoy as their industry structures evolve. Familiarity with cooperative strategy options is important because (1) as growth slows, (2) as markets shrink or become crowded, (3) as industries become global, or (4) as technological change accelerates to speeds where individual firms cannot recover their initial investments, managers will have less margin for error. If managers do not learn how to use cooperative strategies advantageously their firms may encounter difficulties in delivering adequate value to their customers, replenishing their base of skills, and/or safeguarding their abilities to increase long-term shareholder value.     

How strategic is HRM?

This study of 115 subsidiaries of Fortune 500 companies indicates that a majority had integrated HRM and strategic planning systems within their organizations. HRM issues were explicitly discussed in strategic plans; HRM executives were involved in the planning process as “strategic partners”; and HRM was generally recognized as playing an important role in implementing business strategies. The degree of integration present was not related to short-run firm performance, however, time lags may be a factor. Implications of these findings are drawn. © 1995 by John Wiley & Sons, Inc.     

Are poultry farmers willing to insure their farms? Empirical evidence from Ghana

The inherent risks in poultry business require that farmers insure their farms to relief them when they occur. This paper investigated the willingness of poultry farmers to insure their farms, using probit model. Primary data were collected from 180 farmers in two regions of Ghana. The factors that are more likely to influence poultry farmers' decision to insure their farms are credit access, diversification of income, tying insurance to technology, subsidizing insurance premium, and designing insurance to suit risk. Poultry insurance should be designed to suit risk faced by farmers, subsidized by government, and bundled with credit for uptake.     

Estimating the performance attributes of Australian multi-sector managed funds within a dynamic Kalman filter framework

This paper examines the impact of Kalman filtering as a technique for modeling the risk levels of managed funds. Using a sample of Australian Multi-sector trusts we examine selectivity and market timing performance using conventional performance models alongside Kalman filter models that allow beta to vary via a random walk. Further, we consider the stability and asymmetry of these performance measures together with a measure of volatility timing arising from a cubic model of fund performance. We find that the positive selectivity (negative market timing) that stems from the conventional models is not present with the Kalman filter model. The Kalman filter model tends to show neutral performance for both. However, both models confirm a strong tendency toward negative volatility timing.     

Getting the picture: programme awareness amongst film festival customers

• This study explores how film festival customers become aware of a festival programme compared to general release films. The purpose of this research is to understand the decision-making process in the context of cultural offerings consumption, and the role that customer relationship marketing (CRM) plays. An in-depth interview was conducted with the marketing manager of the festival and three focus groups were conducted amongst infrequent, mid-range and frequent attendees. Findings show that customers value and desire direct communication and that as attendance frequency increases the range of information sources used decreases. The implications for CRM are that greater use should be made of virtual and physical direct communication and that there are opportunities for targeting communications.

Copyright © 2007 John Wiley & Sons, Ltd.     

Experiences of Presence as a Key Factor Toward Sustainability Leadership

In the current article, we describe how individual experiences of presence may be a key factor in giving birth to the kind of leadership that enables deep sustainability. The empirical data come from two studies of the same theme: (a) an international action research project about Waking Up Moments at Work and (b) a Finnish phenomenographical study about experiences of presence. Both studies address the generative qualities of waking up or presence, suggest the value of such experiences as catalysts for inner shifts in human consciousness, and begin to explore how this may be a core component of developing leaders' potential for contributing to sustainability.     

What the Millennial Generation from Around the World Prefers in Their Meetings,Conventions, and Events

The extant research relates to what the Millennial generation prefers in their meetings and events. The focus of this paper is to compare the wants and needs of Millennials from five different continents to ascertain similarities and differences. This is the largest study ever done of Millennials with regard to meetings and events. While some differences were uncovered, it was found that Millennials are a very homogeneous group. Thus, event professionals can use similar strategies when targeting this group. However, it was also found that there were some differences in specific areas and event professionals would do well to ascertain their mix of attendees by national origin and then apply the most significant findings of the research at hand.     

Improving Jurors' Evaluations of Auditors in Negligence Cases*

Prior research indicates that individuals acting as jurors experience outcome effects in audit negligence litigation. That is, jurors evaluate auditors more harshly in light of negative outcomes, even when audit quality is constant. I posit that outcome effects in this setting are caused by jurors using their negative affect (i.e., feelings) resulting from learning about negative audit outcomes as information relevant to auditor blameworthiness. I tested this hypothesis in an experiment in which I manipulated audit quality, outcome information, and provision of an attribution instruction. The attribution instruction was designed to discredit negative affect as a cue to auditor blameworthiness. Consistent with expectations, attribution participants' evaluations of auditors exhibited less reliance on outcome information and more reliance on audit quality information than did evaluations made by control participants. In fact, outcome effects were eliminated for attribution participants. Courts may be able to improve the quality of jurors' decisions in such cases by employing an attribution instruction.     

Wage Differences By Gender: Evidence From Recently Graduated MBAS

In this paper we use data from the London Business School of measuredifferences in outgoing salaries of male and female graduates with a Master's in Business Administration degree. This is a relatively homogeneous population of individuals with very similar educational backgrounds, limited work histories, and who enter very similar jobs upon completion oftheir degree. Controlling for differences in individual characteristics as reported on application forms, we (r)nd that the starting salaries of women are approximately 8.6 percent less than men in identical occupations.