Trust restoration: an examination of senior managers' attempt to rebuild employee trust

This article advances discussions surrounding the extent to which senior management can rebuild damaged trust relationships in a context where the founding principle of respect had been contravened. More specifically, our article is concerned with a senior management team's attempt to regain trust through addressing workplace bullying. The study draws on a quantitative methodology where the population of the case study organisation were surveyed (n = 206) at two points in time (2004 and 2007). The findings revealed that managements’ actions had a significant effect on perceptions of bullying. T‐tests, however, provided only partial support for the notion that trust had improved as a result of management actions. In particular, there were significant differences in the levels of loyalty and benevolent motives and also openness, whereas no significant changes were observed for other dimensions of trust (integrity, competence, consistency and respect).     

Economic Surplus,Social Reproduction,Nurturance and Love

This paper examines the contributions of James Ronald Stanfield to social and political economy. We start the analysis with Stanfield’s contribution to institution building through his education of PhD students, building a graduate program in political economy, and through the associations of social and political economy. Then we go on to scrutinise his creative developments and applications of the notions of economic surplus and social reproduction. This is followed by his extensive work on Karl Polanyi and the disembedded economy. Finally we explore his path-breaking analysis of the great capitalist restoration, the nurturance gap and love. Stanfield was one of the greatest institutionalists and social economists of the last hundred years, and these four areas of energetic creativity are his prime achievements in the area.

     

Insider trading and stock prices

We examine the informational content of insider trades and its value to market investors using a US dataset. Overall, our results support the view that insider actions have positive predictive power for future returns. However, these results may come with some caveats. First, it is not the actions of all insiders (directors, officers and large shareholders) that have predictive power for future returns, but typically only those of directors and officers (senior management). Second, while director actions have predictive power for firm of all sizes, officers only have predictive power for small firms. The signal emanating from buys is stronger than the signal emanating from sells. Finally, the trading actions of directors, and to a lesser extent, officers have significant effects on the trading behaviour of other groups of insiders.     

Public sector pay and comparability: Historical background and current issues

Successive Governments have tended to use their bargaining power with their own employees to set an example to private employers and trade unions. Even where such incomes policies have enjoyed statutory backing, they have borne harder upon the public sector than upon the private. Any attempt to remedy this ultimately needs the co‐operation of the private sector, employers and unions.     

Stocks of information in personal consumption: a network model with non-rival borrowing and content overlap

Stocks of information that cumulate in personal consumption and other non-market contexts have unrecognized welfare implications through properties that include non-rival borrowing and relatively low obsolescence rates. Although non-rival borrowing is emergent in agent interaction, it is typically not included in agent heuristics. Properties such as non-rival borrowing are best studied in networks. Computational studies of both regular networks and small world networks indicate the clustering that these networks tend to. In spite of its cited welfare relevance to distributional inequality, clustering in small world networks has only been examined in terms of the remoteness parameter of the network. We extend a network model of the stock of information to more explicitly represent efficiency-reducing effects that clustering can have through content duplication or overlap and demonstrate the significance these effects can have in computational results. These studies also show the efficiency-increasing effects of non-rival borrowing that continue to be evidenced and the overlap reducing effects that increasing network remoteness can have.     

Pluralist beliefs about new technology within a manufacturing organization

There is little systematic survey evidence so far on the attitudes and beliefs of those involved with new technology in small batch manufacturing. Here the authors present findings on the responses of management, trade unions and employees in an Advanced Manufacturing Technology (AMT) work environment.     

Housing Statistics: Some Sources and Some Limitations

There are presently more statistics on the size, composition, and quality of the housing stock than ever before. This article discusses some of these sources and some of their limitations. The number and diversity of housing statistics, however, can overwhelm the user, and a model or framework is needed to keep the analyst on target. The same is true of a discussion of housing statistics. The framework in Kristof's study of housing needs for the National Commission on Urban Problems is used to limit the discussion to significant housing statistics from which any type of housing analysis can be constructed.