Measuring the Impact of a Business Ethics Course and Community Service Experience on Students’ Values and Opinions

Until now, there has been little research assessingthe impact and extent of business ethics education andservice learning upon students values and opinions. This paper studies the influence of these variables byanalyzing 129 junior-level students ethical valuesand opinions before and after these experiences. Through the use of the Students Values and OpinionsSurvey (SVOS) as a measurement gauge, we foundsignificant support for our hypotheses that a businessethics course and a community service experiencepositively affect students values and opinions. Thus, we found desirable improvement in the ethicalvalues and opinions of students after they wereexposed to service learning and business ethicseducation. In addition, we explored the impact ofservice learning by gender and prior communityservice. We did not find a significant difference inthe effect of service learning for men or women, butdid find that prior community service increased thepositive impact for students completing theircommunity service requirement in this study.     

What Does Granger Causality Prove? A Critical Examination of the Interpretation of Granger Causality Results on Price Effects of Index Trading in Agricultural Commodity Markets

The influence of index trading on price levels, returns, spreads or volatility in agricultural commodity markets is frequently investigated with bivariate Granger Causality (GC) tests. A joint review of existing empirical studies reveals scant and inconsistent evidence of GC from index activity to prices. Some findings of reverse GC from prices to index activity are reported. The literature offers three different interpretations of GC test results: (i) as prima facie causal evidence; (ii) as a test for informational efficiency of the markets; or (iii) as a test for the ability of one variable to improve the forecast of another variable. A critical examination of these interpretations against an extended theoretical background reveals that none allows direct inferences about the existence or absence of an influence from index trading activity on the price mechanism in the market. This severely limits the usefulness of a stand‐alone application of GC tests.     

Capital Cities in the New EU States—Economic Status Quo and Current Trends

In the course of the economic catching-up process of the new EU states, the capital cities of the countries in central and eastern Europe were the economically most successful regions in their countries. How distinct are economic disparities between the capitals and the rest of the countries today? What were the determinants of the related economic developments? And do current economic trends support the leading position of the capital cities in the new member states?      

Bioeconomic analysis of herpetofauna road-kills in a Florida state park

Road-kills are a major cause of mortality for a wide variety of herpetofauna, but management decisions on remediation procedures for reducing losses are based in economic realities. Because funding is finite for species conservation, bioeconomic analysis can assist in justifying, evaluating, and maximizing returns on conservation expenditures, especially for low-profile species such as herpetofauna. Here, we present a bioeconomic analysis of road-killed herpetofauna in Jonathan Dickinson State Park, Florida. Road surveys were conducted daily for four years to identify and enumerate the numbers of each reptile and amphibian species killed by vehicles. Conservative individual valuations applied to the losses formed the basis of a benefit-cost analysis aimed at identifying the thresholds at which remediation expenditures would be justified. We found an average of 64 reptiles and amphibians were killed/year, justifying conservation expenditures up to $32,000/year. However, if less conservative valuations were applied, especially for threatened and endangered species, justifiable expenditures rise dramatically.     

Influence of purchaser perceptions and intentions on price for forest land parcels: A hedonic pricing approach

A hedonic model was developed to analyze the market for undeveloped forest land in Minnesota. Variables describing in situ conditions, locational characteristics, buyer perceptions and intentions, and transactional terms were tested for their influence on sale price. The independent variables explained 67% of the per hectare sale price variation. Water frontage, road access and density, absentee ownership, future intentions, and financing arrangements had large, positive influences on price. Lack of a real-estate agent and agricultural land in the vicinity of the parcel had negative influences. A parcel's merchantable timber volume was not a significant predictor of price.     

The patient safety chain: Transformational leadership's effect on patient safety culture, initiatives, and outcomes

The purpose of this study is to investigate the existence of a patient safety chain for hospitals. Drawing on high reliability organization theory, multifactor leadership theory and total quality management literature, we develop and test a model for improving patient safety – a critical issue facing hospitals today. Specifically, we hypothesize that improving patient safety begins at the highest level of the organization with a transformational leadership style. This leads to a sequence of linkages whereby transformational leadership has an important relationship with creating a culture of safety, which in turn is associated with the adoption of patient safety initiatives, and ultimately with positive improvements in patient safety outcomes. Using data from a nationwide survey of over 200 hospitals, we use structural equation modeling to provide empirical support for the effectiveness of this patient safety chain model. The results have major implications for enhancing operations in hospital settings.     

It's Closing Time: Territorial Behaviors from Customers in Response to Front Line Employees

Retailers can benefit from an increased understanding of how human territoriality affects their relationships with customers. In the context of closing time, we show that issuance of boundary markers, or closing time cues, before the closing time boundary can result in perceptions of territory intrusion and territorial responses from customers. In study 1, we identify six types of cues used by employees to signal to customers the closing time boundary is approaching: productive, personal, audio–visual, withdrawal, hostility, and blocking cues. Three additional studies show these cues affect customers’ perceptions of intrusion pressure and their subsequent territorial responses, including: retaliation, abandonment and accession (studies 2–4) and negative word of mouth and temporary abandonment (study 4). Additionally, identification with the store can heighten or dampen the effects of customers’ perceptions of encroachment on their territorial responses (studies 3 and 4), depending on the retail context.     

Missed eWOM opportunities: A cross-sector analysis of online monitoring behavior

This paper provides empirical evidence that major sectors of the USA are not listening to pertinent online conversations (electronic word-of-mouth [eWOM]) that occur outside of their own social media portals. Data include cross sector as well as longitudinal research on prominent sectors, including business, not for profits, and academia. The Inc. 500 (fastest-growing US companies), top charities, and colleges and universities all neglect, to some extent, the monitoring of eWOM. Findings indicate that monitoring behavior may be related to how involved an organization is in social media, if they have a written policy governing its use within the organization, if they have specific goals that are related to their social media plan, if they use tracking measures such as page views, numbers of fans or followers, and how they staff the social media function. Charities are most likely to engage in monitoring behavior for their causes. The academic sector often employs part-time (student) assistance with its social media initiatives, ultimately resulting in less monitoring behavior.