Propertyless in Peru,Even with a Government Land Title

This article investigates the ability and process of government land titling as a method to achieve secure property rights institutions. Specifically, we analyze the impact of government land titling in rural Peru. Our findings suggest that land titling does not achieve the positive benefits associated with secure property, such as access to credit. We also find that individuals prefer private enforcement methods of securing property to public means. This suggests that government land titling is not always a channel through which countries can achieve secure property rights institutions.     

The Financial Knowledge Scale: New Analyses,Findings, and Development of a Short Form

We use data from the Understanding America Study (UAS) internet panel to build upon the Knoll and Houts Financial Knowledge Scale (FKS). Specifically, we provide practitioners with a shorter 10-item scale, describe additional analyses on both the full- and short-form versions of the scales, and explore the relationship between FKS scores and a variety of retirement-related outcome variables. Importantly, the full- and short-form scales are developed using a statistical model that accounts for guessing, which allows us to provide more accurate estimates of financial knowledge than similar scales that do not account for guessing. The paper also provides conversion tables that can aid in the analysis and interpretation of FKS scores in practice. With the development of a 10-item short form that accounts for guessing, we hope to provide practitioners and researchers with a tool that will enable them to reliably measure financial knowledge more parsimoniously and accurately than other measures currently in use.     

Can Divine Intervention Aid in Domestic Violence Prevention? An Analysis of Bystanders' Advertising Attitudes and Reporting Intentions in India

The research explores how religious symbols can be used in advertising to encourage bystander intervention in the context of domestic violence. Using symbolic interactionism as the theoretical framework, a 4 (Ad type: Control vs. Visual vs. Verbal vs. Visual/Verbal) × 2 (Religiosity: Low vs. High) between-subjects experimental design was conducted to assess impact on attitudes toward the ad and intention to help. A national sample (N = 402) of Hindu adults from India was recruited. The findings suggest level of religiosity is critical to the process with highly religious individuals displaying higher levels of involvement, concern for others and willingness to report abuse. No significant differences were found across visual and verbal religious symbol conditions. Implications for advertisers and government agencies are presented.     

Saving Behavior Messaging: Gain/Loss Framing,Self/Family Orientations,and Individual Differences in Collectivism

As the United States faces low savings rates and an aging population, examining messages that encourage saving behavior is critical. Adding to this need is growth in ethnic minority groups (e.g., Hispanic Americans) that tend to experience greater saving challenges. The current study tested framing effects (i.e., loss/gain), in tandem with message orientation (i.e., self/family) and the moderating role of collectivism, on ad response variables after exposure to public service advertisements about saving. Results across three experiments confirm that matching the level of collectivism with orientation impacted the effect of framing on the outcome measures but that individual differences in collectivism impacted the results more than membership in an ethnic group. Loss framing for both low and high collectivistic individuals, when matched with a self-oriented appeal in the former and a family-oriented appeal in the latter, were most effective. Gain framing was more effective when level of individual collectivism was not matched with self/family message orientation. Important theoretical issues are addressed as well as implications for advertisers who engage in saving behavior messaging.     

The Dark Side of Deeply Meaningful Work: Work‐Relationship Turmoil and the Moderating Role of Occupational Value Homophily

How are close personal relationships experienced by people in deeply meaningful work? Drawing upon in‐depth interview data with 82 international aid workers, I offer three distinct contributions. First, I find that people who experience their work as deeply meaningful have high work devotion. I identify boundary inhibition as a mechanism to explain why they participate more willingly in overwork and erratic work, despite giving rise to time‐ and trust‐based conflict in their relationships. Second, I find that people with high work devotion often also experience emotional distance in their personal relationships when their close others don’t value their work – a context I call occupational value heterophily. This disconnection‐based conflict compounds the time‐ and trust‐based conflict and engenders an emotionally agonizing situation, which I call work‐relationship turmoil. Third, when close others do value their partner’s work – a context I call occupational value homophily – it fosters an emotional connection and offers an avenue for work‐relationship enrichment. These findings draw upon deeply meaningful work to detail the multi‐faceted work‐relationship experience among those with high work devotion.     

Vice or Virtue? The Impact of Corporate Social Responsibility on Executive Compensation

We empirically examine the impact of corporate social responsibility (CSR) on CEO compensation using a large sample of the US firms from 1996 to 2010. We develop and test two hypotheses, the overinvestment hypothesis based on agency theory and the conflict–resolution hypothesis based on stakeholder theory. We find that the lag of CSR adversely affects both total compensation and cash compensation, after controlling for various firm and board characteristics. Our estimates show that an interquartile increase in CSR is followed by a 4.35% (2.78%) decrease in total (cash) compensation. We also find an inverse association between lagged employee relations and CEO compensation. Our results are robust to the correction for endogeneity using instrumental variable approach. Taken together, our results support the conflict–resolution hypothesis, but not the CSR overinvestment argument.     

The impact of a wife's budgetary and romantic attitudes towards luxury goods on their self-purchases and purchases made for them by their husbands

This paper examines the relationship between a wife's attitudes toward personal luxury goods (i.e., luxury products and services used by her only) and the amount she and her husband spend on such goods for her. Concepts of intrapersonal conflict theory are used to develop a set of hypotheses regarding these relationships. Using diary panel data of diamond jewelry acquisitions for a panel of wives, we model the amount husbands spend on diamond jewelry for their wives, and the amount wives spend on diamond jewelry for themselves, as a function of two latent attitudes of the wives as revealed in the data, specifically romantic attitudes and budgetary attitudes about diamond jewelry. Our results demonstrate the importance of marketers to consider wives' attitudes about personal luxury goods as a means to increase the total expenditures by both spouses on such products.     

论煤层洗选特性与选煤厂设计的结合

本文结合选煤厂和煤炭贮运设施设计过程中的注意事项,通过对煤层各种洗选特性的分析论证,提出了一种如何获得工程设计基础资料的方法,并论述了前期合理的基础论证设计对工程建设的重要性。     

New Thinking on Antecedents to Successful CRM Campaigns: Consumer Acceptance of an Alliance

The nature of a cause-brand alliance (CBA) makes it a unique marketing promotion that creates an association or alliance between the corporation selling a product and a social cause or issue. This study was developed to resolve the equivocal research results of past research. The research results suggest that consumer acceptance of a CBA mediates the relationships between situational contexts (prevalence of the social cause and congruence of the alliance) and consumer attitude toward the corporate alliance partner. This study observed that when prevalence is high, consumers’ acceptance of that CBA is high as well. Surprisingly, congruency did not have a significant impact on acceptance. Reasons for this unexpected finding are explored in detail. Finally, the acceptance of the CBA had a positive effect on consumers’ attitude toward the CBA.     

Doing Well While Doing Bad? CSR in Controversial Industry Sectors

In this article, we examine the empirical association between firm value and CSR engagement for firms in sinful industries, such as tobacco, gambling, and alcohol, as well as industries involved with emerging environmental, social, or ethical issues, i.e., weapon, oil, cement, and biotech. We develop and test three hypotheses, the window-dressing hypothesis, the value-enhancement hypothesis, and the value-irrelevance hypothesis. Using an extensive US sample from 1995 to 2009, we find that CSR engagement of firms in controversial industries positively affects firm value after controlling for various firm characteristics. To address the potential endogeneity problem, we further estimate a system of equations and change regression and continue to find a positive relation between CSR engagement and firm value. Our findings support the value-enhancement hypothesis and are consistent with the premise that the top management of US firms in controversial industries, in general, considers social responsibility important even though their products are harmful to human being, society, or environment.