The New Brand Ambassadors

SAN FRANCISCO Remember when citizen joumalism was a novel idea？ Now, average people armed with video cameras, laptops and mobile phones routinely cover everything from flood and fires to violence on the streets of Myanmar. Combine this do-it-yourself movement with the idea that every thought and personal event is Facebook-worthy, and it makes sense that citizen marketing is the newest form of consumer activism-one looked at by marketers as a poten- tial holy grail.     

Connecting the Two Faces of CSR: Does Employee Volunteerism Improve Compliance?

In 2004, the United States Sentencing Commission amended the Federal Sentencing Guidelines to allow firms that create “effective compliance and ethics programs” to receive better treatment if prosecuted for fraud. Effective compliance and ethics, however, appear to be limited to activities focused on complying with the firms’ internal legal and ethical standards. We explored a potential connection between the firms’ external corporate social responsibility (CSR) behaviors and internal compliance: Is there an organizationally valid relationship between these two firm activities? That is, when organizations demonstrate CSR with behaviors external to the firm, such as employee volunteerism, are their employees more likely to demonstrate uncompromised legal and ethical compliance behavior internally? We collected data from 164 working professionals enrolled in a top-tier MBA program in the southeastern United States regarding their employer-sponsored volunteer activities and their intentions to comply in various organizational compliance vignettes. We found that employer-sponsored volunteerism is associated with uncompromised compliance choices in one of the three vignettes. This finding indicates preliminary support for further inquiry into the relationship within the firm between external CSR behaviors and policies regarding organizational compliance. Post hoc analyses suggest that employer-sponsored volunteerism is strongly associated with a positive organizational identity, but organizational identity is not associated with the significant compliance vignette. This evidence suggests that the underlying mechanism that connects external CSR behaviors and internal compliance intentions is complex and requires future study.     

Networks and self-employed migrants

This paper examines the immigrant’s decision to become self-employed. Personal characteristics and attitudes are crucial to this decision, but recent literature also highlights the importance of social networks as providers of information and financial support. To date, empirical research dealing with the network effect has considered self-employed migrants as a homogeneous group. In contrast, our paper examines the impact of the size and the composition of geographic concentration of co-nationals on the propensity to be self-employed among the foreign-born workers taking into account two possible choices: own-account workers and entrepreneurs. Using micro-level data of migrant workers in Spain over the period 2000–2009, the results show that networks affect positively the probability of becoming self-employed. However, they do not affect the likelihood of becoming an entrepreneur, which is determined by individual characteristics such as education and number of years of residence. Thus, our results suggest policies that enable immigrant assimilation can play a significant role in generating entrepreneurial activity.     

Undistributed profits and the Pasinetti and Dual theorems

Neo-Keynesian distribution theory is considered under the assumption that corporations retain part of their earnings in order to finance investment. Results concerning the rate of profit and the reciprocal of the capital-output ratio are derived. These are then compared with the original Pasinetti and the Meade and Samuelson-Modigliani Dual theorems.     

Maintaining the roots of economic development in an era of globalized production

The globalization of economic activity is being driven by market processes. The market based indicators used to measure its progress mask serious and wide-spread economic problems that also undermine our economic future. Alternative indicators, designed to give a more accurate reading of our economic well being, are being developed, but more work and wider acceptance of the concepts are needed. An examination of economic theory reveals that there is no basis for the claims that market based guideposts and decision making lead to inherently superior results and provide support for the search for non-market criteria in the evaluation of economic development. The labor movement has long sought to establish international standards as one criterion of production. A review of the global approach of the ILO, the narrowly focused European Union agreements, and the treaty-based fair deal movement provides guidance for future directions for policy work.     

Sixty years at Cornell

The School of Hotel Administration at Cornell University has been teaching and researching for over 60 years. Joan S. Livingston, the Executive Editor of the Cornell Hotel and Restaurant Administration Quarterly, describes the activities of the school.     

Litigation Patterns in Automobile Bodily Injury Claims 1977–1997: Effects of Time and Tort Reforms

This study uses data from the Insurance Research Council to investigate changes in the use of attorneys and in the filing of legal claims to resolve automobile third‐party bodily injury claims between 1977 and 1997. We find results consistent with the general public perception that the use of attorneys and the filing of legal claims have increased over the study period. In addition, we find evidence that tort reforms enacted by the states have slowed the rates of increase in the use of attorneys and in the filing of legal claims to resolve automobile insurance claim disputes.