Is there a gender gap in CEO compensation?

The gender pay gap generates significant political and social debate. This study contributes to this discussion by examining if a gender pay gap exists at the highest level of corporate management, the CEOs. While previous studies have documented a gender pay gap for most levels of executives the findings with respect to CEOs are conflicting. In this paper we focus only on CEO's as it is the most homogenous of executive roles and does not require us to assume that executives with similar titles undertake identical roles. Our evidence is based on 291 US firm-years for the period of 1998–2010. We do not find any association between CEO pay and gender using both the total sample and a sample matched using propensity scores to control for firm characteristics. These insignificant results hold for total pay, salary and bonuses, and for different matching procedures and econometric specifications. Our results therefore indicate that women who rise through the “glass ceiling” to the level of CEO are remunerated at similar levels to their male counterparts.     

Being undisciplined: Transgressions and intersections in academia and beyond

This paper articulates a view of interdisciplinary derived from actual practice. Based on a distinction between different types of interdisciplinary temperament, the paper proposes five characteristic of ‘issue-driven interdisciplinarity’ in the sustainability field: being problem-based, integration, interactivity and emergence, reflexivity, and strong forms of collaboration and partnership. Each of these characteristics is illustrated by examples drawn from a series of interdisciplinary projects undertaken over the past decade. The paper concludes with some views on how best to institutionalize issue-driven interdisciplinarity in the dominantly disciplinary culture of universities.     

The half‐empty office: dilemmas in managing locational flexibility

Through a case study contrasting the impacts of formalised and informal teleworking practices on office‐based workers, multidimensional dilemmas between flexibility, control and equity are uncovered. Formal schemes, although problematic and rare, possess some advantages in resolving the three dimensions. A model is proposed to test findings further.     

来自西班牙的CAD/CAM科技

产品覆盖全球超过55个国家,拥有超过6000个客户,世界排名前三位的西班牙艾维斯公司(Investronica)以其CAD/CAM的软件系统,为世界时装生产企业带来了革命性的技术,众所周知的一些西方品牌,如ErmenegildoZegna、Canali、Forall(PalZileri)、Benetton、Dolce&Gabana、Armani都将西班牙艾维斯公司的技术作为它们“科学生产管理”和高质量标准的基础,与艾维斯连手,共同缔造现代时装艾维斯科技。     

A Review of Longitudinal Research in the Product Innovation Field,with Discussion of Utility and Conduct of Sequence Analysis

This paper examines how longitudinality is investigated in innovation research. A review of longitudinal methods in innovation articles, published between 2000 and 2011, is undertaken. Our findings show that longitudinal approaches to data collection are gaining some credence, in line with increased criticism of the overuse of positivist methods to study process‐based phenomena. However, results demonstrate a dearth of systematic longitudinal analytical methods employed in product innovation research. Static analytical methods are prominent. These inevitably lead to static presentation of results, and this is borne out in our findings. Second, the paper discusses the conduct and utility of a specific technique for product innovation research: sequence analysis. By drawing on two studies, which apply sequence analysis in product innovation research, sequence analysis is shown to be a useful technique to achieve rigor in analyzing longitudinal data. The paper concludes by discussing how such systematic methods for analyzing longitudinality in the innovation field demand greater usage and exploration.     

SERIAL ISSUE EVIDENCE FOR THE RELATION BETWEEN THE RISK STRUCTURE AND MATURITY: A DECOMPOSITION METHODOLOGY

The risk structure of the interest rates literature shows that coupon effects can cause changes in yield spreads as maturity lengthens. These effects make it difficult to empirically isolate the default risk component of the spread for coupon-paying bonds. Attempts to calculate zero-coupon risk structures suffer from the relative scarcity of zero-coupon corporate bonds. We show that yield spreads for coupon-paying bonds that are identical except for default risk decompose into a relative duration component, a premium discount coupon component, and a default component. We present closed-form solutions for measuring the first two components so that the default risk portions can be isolated as residuals. We further present an empirical application of the decomposition metrics for sixteen exchange-traded serial issues and nonparametrically examine the relation between the default premia and maturity. We find various maturity relations.