Australia's Bankrupt Chinese Furniture Manufacturers, 1880–1930

The proprietors of almost 100 Chinese furniture factories in Australia went bankrupt during the late nineteenth and early twentieth centuries. With a substantial stake in furniture production for decades following the gold rushes of the 1850s and 1860s, Chinese furniture factory operators were vilified and legislated against in a push for ‘White‐Australian’ industrial advancement. Historians have consistently concentrated on such campaigns when explaining Chinese‐Australian business failures of this period. Yet informed principally by their bankruptcy court testimony, this paper contends that Chinese furniture manufacturers went bankrupt largely because of economic difficulties and, thus, failures are not sufficiently explained by ‘White Australia’.     

Long‐Term Oriented Marketing Relationships and Ethical Conduct in Outsourcing Sector

The study evaluates the positive effect of long‐term oriented marketing relationship on ethical conduct from the perspective of the service provider (i.e., the agent‐firm), by integrating the relevant literature from relationship marketing, ethics, and long‐term orientation domains. The paper proposes that service providers that build relationship quality with their clients will display increased ethical conduct toward them. Specifically, the study examines the positive influence of the dimensions of relationship quality (that are relevant to the offshoring services context) that the service provider firm's employees undertake and their impact on ethical conduct. Overall, the results indicate that the commitment‐only full mediation model of relationship marketing variables on ethical conduct is a better representation than both direct‐effects model and other competing mediating models examined in this study. Fundamentally, it means that customer service officers should incorporate long‐term orientation and commitment in their principal–agent relationships that will provide the impetus for undertaking ethical behavior. The article concludes with a discussion and implications of the findings.     

Executive Values and Decision Making: The Relationship of Culture and Information Flows

The effect of culture on work values has been studied in a number of ways, largely from a western perspective. Studies have predominantly employed questionnaires as the principal agent of data collection. Yet the Confucian work ethic attributes greater emphasis to collectivist values which bear more centrally on personal relationships. This research used discourse analysis in order to try to identify the implicit features of cultural values as they affected the transmission of financial information, a problem highlighted by the Asian currency crisis in 1997/98.
The international hotel industry operates in a multicultural environment where very often foreign operators manage locally owned premises. In these circumstances, budgetary planning and control is an important mechanism. A sample of the interactions between 18 hotel general managers and their financial controllers were studied in Hong Kong. Financial controllers are already subject to a number of role conflicts and it was found that these may be exaggerated by culture.
Chinese financial controllers seem to distort the outputs of budgetary planning and control processes in recognition of important organizational relationships. It is suggested that recognizing the direction and effect of these relationships has implications for leadership and performance judgements generally.     

China's energy economy: A survey of the literature

This paper reviews the literature on China's energy economy, focusing particularly on: (i) the relationship between energy consumption and economic growth; (ii) China's changing energy intensity; (iii) energy demand and energy-non-energy substitution; (iv) the emergence of energy markets in China; and (v) economic reforms in the energy industry. After reviewing the literature, the paper presents the main findings that some important issues remain unanswered, for example, what determines energy consumption behavior; the effects of substitution of and demand for energy; and technological change effects on energy intensity. Finally, the review suggests some topics worthy of future study.     

Testing the impact of job‐related variables on a utility judgment training criterion beyond background and affective reaction variables*

We tested the incremental impact of a job‐related set of variables for explaining a utility judgment training effectiveness variable, that is, course completion skill preparedness, beyond background and course‐related variables. Our respondents were two different emergency medical service samples, 415 basics and 742 paramedics, from the 2008 US Longitudinal Emergency Medical Technician Attributes and Demographic Study. Extending earlier research into the training of US emergency medical services staff, we developed scales for measuring two course‐related affective reaction variables, quality of course materials and quality of lead instructor. We found for both samples that the quality of course materials and quality of lead instructor variables each significantly explained course completion skill preparedness variance beyond controlled‐for background variables. We also found that the set of job‐related variables explained further, additional variance and that job satisfaction was positively related to course completion skill preparedness for both samples. The limitations of the study and future research ideas are discussed.     

SUPPLY CHAIN MANAGEMENT: THE PURSUIT OF A CONSENSUS DEFINITION

As disciplines evolve, it is a normal part of the maturation process to regularly examine the definition of the discipline — i.e., what the discipline is and is not. The opinions of those involved in the discipline are key to this maturation (i.e., definitional) process. Developing a consensus definition of supply chain management is a widely discussed but unresolved challenge. Thus, the current study provides insight into the perceptions of logistics professionals regarding this issue based upon an Internet‐based survey.     

Missing the marks? Dispersion in corporate bond valuations across mutual funds

We study the dispersion of month-end valuations placed on identical corporate bonds by different mutual funds. Such dispersion is related to bond-specific characteristics associated with liquidity and market volatility. The Trade Reporting and Compliance Engine (TRACE) could have contributed to the general decline in dispersion over our sample period, though other factors most likely played roles. Further tests reveal marking patterns to be consistent with returns smoothing behavior by managers. Funds with ambiguous marking policies and those holding “hard-to-mark” bonds appear more prone to smooth reported returns. From a regulatory perspective, we see little downside to requiring funds to explicitly state their marking standards.     

Photograph Presentation Order and Range Effects in Visual-Based Outdoor Recreation Research

Visual-based research methods are commonly used to provide an empirical basis for formulating evaluative standards related to recreation use levels. Visual research methods applied in this context are subject to several potential measurement biases. This article examines two such potential biases in visual-based recreation research methods: order effect bias and range effect bias. In a lab setting, respondents evaluated recreation photographs from Rocky Mountain National Park regarding the acceptability of people at one time (PAOT). Results indicated photo presentation order and the PAOT range depicted both had an effect on photograph acceptability ratings. Potential methodological revisions to the visual-based method are discussed.