Extending Business Education Beyond Traditional Boundaries: A Case Study in Negotiated Problem Resolution in a Remote Regional Indigenous Community in Australia

It is widely accepted that the concepts and practices of management can only be of benefit when they are anchored to the contextual architecture of people, processes, structures, and technologies. The challenge of establishing a bridging program for providing managerial competencies to Australian Indigenous people has become a serious one for multinational mining companies. As the wings of globalization interact with the long-ignored reality of marginalized local milieu, a need for an innovative management education system has become a major imperative compelling multinational mining companies to work collaboratively with the government, educational institutions, and Indigenous communities. The article outlines a specific decision-making dilemma in an Indigenous context, while explaining the imperatives for educators, who have the challenging task of instructing potential graduates how to manage the unique contextuality of rural Australian Aboriginal communities. The article presents implications for large-scale modern multinationals as they move to geographically remote regions of the world where large number of marginalized local people need to be drawn into the workforce not only as an act of a social responsibility imperative, but also as sound business pragmatism.     

Graphical analysis and financial classification: A case study

This paper illustrates the use of graphical analysis as a complementary diagnostic tool in financial classification problems. For more than two decades statistical models have been used frequently to understand the information content of multivariate data in the context of financial classification. These statistical classification models can be complemented by the use of computer-generated multidimensional data displays and graphical analysis. We illustrate the use of the scatterplot matrix, which is the simplest and very effective form of graphical analysis on a sample of bankrupt and non-bankrupt firms. The paper demonstrates the complementary nature of the scatterplot matrix for tree-structured classification models.     

Diversity �C diskutieren oder tabuisieren? Eine explorative Studie in Indien

Completing existing forms of diversity, the paper is the first to introduce the distinction between an off-limits form of diversity and a non off-limits form of diversity. This distinction is relevant because we argue that an off-limits form of diversity will result in a shift of intragroup conflicts, while a non off-limits form of diversity will result in an escalation of intragroup conflicts. For the management of diversity, this distinction is important to appropriately assess the risks of rising diversity in organizations. Analyzing data from N?=?96 schools in southern India (Kerala), religious diversity appears to be off-limits, whereas union diversity does not. As expected, union diversity was accelerated positively related to intragroup conflicts. Moreover, this positive relationship was stronger under high levels of religious diversity. In order to explain these results, we explicitly consider the particularites of Kerala. In order to draw conclusions for diversity management in German organizations, we additionally analyze which forms of diversity could unfold analogous dynamics and what implications for managers are to expect.     

纤维的供给与需求:涤纶和锦纶价值链的结构转变

石化产品高昂的价格推动化纤产业链结构转变 随着世界经济表现出明显的上升势头,经济学家们开始用一种悲观的态度密切关注全球原油的情况.与此同时,由于一系列情节原料标准和规定的出台,美国汽油的价格正承受着很大的压力,使得汽油和供应系统都受到了很大影响.但是,正如基础能源和汽油价格上涨一样,基本芳香族和化学原料价格也有所增长.涤纶和腈纶原料价格增长背后的玄机其实和所有市场化的商品一样--中国需求的增长和最近几年经济下滑阶段投资不足导致生产和物流对每一个细节的微小变化都十分敏感.这种状况看起来暂时不会缓解,当市场期待纤维价格出现缓和趋势的时候,生产应该遵从一定规划,否则毫无计划的储运损耗将继续造成不稳定的上升趋势,同时,纤维交易价格会继续削弱纤维和纺织领域的利润空间.     

European Agricultural Biotechnology Preferences and Policy: Growth and Trade Implications

European Union policies effectively prohibit the production and consumption of genetically modified agricultural products. This paper examines the prohibition's effects on research and development, innovation, trade flows, and economic growth using a Heckscher–Ohlin–Samuelson trade model with a neo‐ Schumpeterian approach. Restrictive European Union policies on biotechnology production and consumption result in: an effective export subsidy of capital to the South; changing trade flows; North America being the dominant producer of biotechnology research and development; the South being a dominant producer of biotechnology products; and the European Union being the dominant producer of traditional agricultural products.     

Financing Public Investment through Foreign Aid: Consequences for Economic Growth and Welfare*

The paper develops a theoretical framework for understanding the mechanism through which foreign aid affects macroeconomic performance. The authors find that the long‐run impact of an aid program and the nature of the transitional dynamics it generates depend crucially on (i) the elasticity of substitution in production, (ii) whether the aid flow is tied to investment activity or not, (iii) how the recipient government chooses to react to the flow of external assistance, and (iv) whether the aid program is permanent or temporary. Structural characteristics of the recipient are important in determining the extent to which external assistance can aid growth and welfare.     

A road to assimilation: immigrants and financial markets

This paper compares the financial market participation of immigrants and native-born Americans. Financial asset ownership is examined after controlling for the immigrants’ country of origin using a nationally representative National Longitudinal Survey (NLSY79) data set. The determinants of preference for financial asset ownership and the amount of financial equity held by households are estimated using a two-stage procedure. The results indicate that immigrants are less likely to own financial assets and more likely to have lower financial equity than native-born residents. Income uncertainty and risk tolerance of immigrants are associated with their preference for financial investments. Immigrants’ years of residence in the United States also increase their financial asset ownership. A discussion of the implications of these findings for policy makers, immigration researchers, and scholars of household savings behavior is also included.     

The increasing financial obligations burden of US households: who is affected?

The purpose of this paper is to examine factors associated with changes in the proportion of households with high financial obligations ratios in the United States. The proportion of households paying more than 40% of income for debt, rent, vehicle leases, property taxes and homeowners’ insurance, which we refer to as having a heavy burden, increased from 18% in 1992 to 27% in 2007. Multivariate analysis of a combination of six Survey of Consumer Finances data sets indicates that the likelihood of having a heavy burden was positively associated with homeownership, self‐employment and retirement status. Those with an optimistic 5‐year expectation of the economy were more likely to be in a household with a heavy burden. Education was positively related to having a heavy burden, suggesting that having a heavy burden is not simply a cognitive error.