Implications of a long-term increase in oil prices for tourism

It is expected that global oil prices will increase in the future. Assessing the overall economic impacts on tourism is difficult, as oil price rises will be concomitant with global changes in other commodity prices, exchange rates, and incomes. A general equilibrium perspective is therefore presented in this paper. The model couples a global general equilibrium model with a purpose-built CGE model of New Zealand, which focuses on describing tourism supply and demand in some detail. The results indicate a decrease in real gross national disposable income of 1.7% for a doubling of oil price and a 9% reduction in the real value of tourism exports. As a result of segment-specific price increases and differing income and exchange rate effects and elasticities, the reduction in demand for tourism in New Zealand by 18 segments differs substantially. The greatest reduction in demand is observed for tourists from the United Kingdom.     

Between advocacy,compliance and commitment: A multilevel analysis of institutional logics in work environment management

In this study we explore the development and enactment of institutional logics in the field of work environment management. We show how three historically developed logics constitute different values and practices that guide professionals’ organizational action. Using both historical and contemporary qualitative data, we show how the three institutional logics are present in the field of work environment, and how the logics are enacted simultaneously by actors within four large organizations in Denmark. The study contributes to the literature on institutional logics. The logics perspective is combined with critical realism to describe the inter-relatedness between the levels of society, institutional fields, and organizations, and by elaborating the near-decomposable relations between institutional logics and orders. The study contributes to the literature on work environment management by investigating the ideational lenses through which regulations and interventions are perceived by organizational actors, and how these perceptions may lead to different organizational outcomes and outlooks in work environment management.     

The Magic of the Personal Touch: Field Experimental Evidence on Money and Appreciation as Gifts*

In this paper, we use two field experiments in professional settings to explore the effort levels of individuals in response to gifts. We extend the literature by looking at non‐financial gifts that signal worker appreciation and gifts that combine financial and non‐financial elements with or without a personal touch. We find that while money and appreciation are individually effective, these only work well together when they are combined with a personal touch. This suggests that responses to gifts are sensitive to the presentation of the gift as well as to interpersonal elements; these are factors that have so far been largely ignored in the literature but are easy to incorporate into existing principal–agent models.     

Neueste Benchmarking-Ergebnisse für die Controllership im deutsch-sprachigen Raum

Ohne Zusammenfassung Univ.-Prof. Dr. Dr. h.c. Jürgen ist Leiter des Instituts für Management und Controlling (IMC), www.whu.edu/controlling, an der WHU - Otto Beisheim School of Management, Burgplatz 2, 56179 Vallendar, WeberInhaber des Lehrstuhls für Controlling & Unternehmenssteuerung und schriftleitender Herausgeber der Zeitschrift für Controlling & Management (ZfCM), www.zfcm.de     

Debtfarism and the Violence of Financial Inclusion: The Case of the Payday Lending Industry

The official development literature is replete with studies about the alleged benefits of financial inclusion in reducing poverty in the global South. Few analyses have sought to critically explore advanced forms of financial inclusion in the global North, particularly with regard to the highly lucrative and controversial payday lending industry in the USA. This article fills this void by examining the political economic landscape of payday lending in Ohio. In contrast to the mainstream literature, our analysis suggests that the payday lending industry is not a natural feature of the market that has led to universal benefits for all. Instead, we argue that payday lending not only benefits private creditors at the expense of the working poor, but also that the latter have been made to rely on these expensive loans to meet basic subsistence needs largely through the structural violence of labor market restructuring and neoliberal forms of governance, such as workfarism and ‘debtfarism.’     

Children’s stories about team selection: a discourse analysis

The aim of our study was to identify and problematise messages and value principles visible in children’s stories about team selection in sport. To achieve this, we adopted a discourse analysis approach. Semi-structured face-to-face interviews were conducted with 24 children aged 10–11 years who participated in four team sports in 12 different Swedish sports clubs. Based on the children’s stories, the findings reveal two discourses of team selection: one participation/inclusion-oriented and one performance/exclusion-oriented discourse in which four different forms of team selection work. The participation/inclusion-oriented discourse constructs sport as a fun game that involves all participating children. The performance/exclusion-oriented discourse shows that coaches select the best children in the team to obtain the best chance of winning games. Some of the coaches have given conflicting messages that align with both discourses, which are revealed by both the girls’ and the boys’ voices in varying degrees. The findings also demonstrate that children’s reasons for playing sport are in harmony with the participation/inclusive-oriented discourse. This discourse represents a child’s perspective, promoting every child’s right to participate under the same conditions. However, the selection procedure in both discourses exhibits strong classification, since coaches are the ones who possess the power to select.