The employment elasticity in manufacturing: a comment on Mazumdar

We show that Mazumdar's recently proposed methods for estimatingthe elasticity of the wage bill with respect to output growth,and for decomposing the growth rate of the wage rate into anoutput effect, an employment effect, and a price effect, areproblematic. The decomposition proposed is a tautology becauseit can be equally derived from an accounting identity. Likewise,we show that the alleged elasticity of the wage bill with respectto output growth has to take on a value of unity by definition.     

To Help or Not to Help? The Good Samaritan Effect and the Love of Money on Helping Behavior

This research tests a model of employee helping behavior (a component of Organizational Citizenship Behavior, OCB) that involves a direct path (Intrinsic Motives → Helping Behavior, the Good Samaritan Effect) and an indirect path (the Love of Money → Extrinsic Motives → Helping Behavior). Results for the full sample supported the Good Samaritan Effect. Further, the love of money was positively related to extrinsic motives that were negatively related with helping behavior. We tested the model across four cultures (the USA., Taiwan, Poland, and Egypt). The Good Samaritan Effect was significant for all four countries. For the indirect path, the first part was significant for all countries, except Egypt, whereas the second part was significant for Poland only. For Poland, the indirect path was significant and positive. The love of money may cause one to help in one culture (Poland) but not to help in others. Results were discussed in the light of ethical decision making.

A Gender Analysis of Bank Loan Negotiations in Uganda

This paper highlights the differences between men and women in bank loan negotiations. It presents findings of an ex post facto design study that involved administering questionnaires to 289 respondents who had ever applied for a loan from a Ugandan commercial bank from 1999 through 2005. Results showed that male and female respondents differed in their negotiation behavior and outcomes. Female respondents scored higher than male respondents on self-enhancement and yielding. Male respondents scored higher than female respondents on inaction. Results further showed that female respondents receive lower payoff than male respondents from bank loan negotiations, and that both male and female respondents encounter problems in mixed gender negotiations.     

Women in grassroots leadership: Barriers and biases experienced in a membership organization dominated by men

Among governing boards traditionally dominated by men, the presence of women is becoming more common. However, these women may face prejudices and discrimination that prevent them from feeling and ultimately being successful. This qualitative study focused on the experiences of women who participated in a grassroots organization's leadership training program. Interviewees revealed that they believed gender‐related obstacles were preventing them from being effective leaders. Four significant themes emerged: persisting stereotypes and bias, separation and isolation, desire for change, and potential for added value. In response, the authors recommend organizations and practitioners engage in more intentional and complete implementation of path‐goal theory throughout the leadership development process.     

Appraising Intangible Assets from the Viewpoint of Value Drivers

This article does not intend to actually valuate intangible assets but focuses to investigate the relative value distribution of corporate intangible assets, and this links closely to the concept and application of value drivers. This is because we believe that drivers or attributes of the value significantly determine how the virtual value of these intangibles can be created for companies. We apply the analytic hierarchy process (AHP) to the appraising process of intangible assets. The AHP method can mainly sort the non-financial value drivers in order according to their weighted contributions. Therefore, the key purpose of this article is to develop a tentative model for the evaluation of intangible assets, which helps business to correctly appraise corporate value ratios and avoid bias due to mainly relying on financial statements when measuring an entity’s value. In addition, in view of the significant proportion of intangible assets over total assets in high-technology industries, this research, then, uses six industries in Hsinchu Science Park, Taiwan, as its research objects in order to test the applicability of its model, as well as exploring the value weights of intangible assets and its evaluation among different technology industries. Besides, the empirical result of this article is mainly to support business appraisal and thus improves the effectiveness of value-based management.     

Inter‐temporal changes in analysts’ forecast properties under the Australian continuous disclosure regime

Corporate disclosure regulations are important mechanisms for investor protection. This study examines the inter‐temporal changes in analysts’ forecast properties over the period 1988–2001 as Australia’s continuous disclosure regulation and enforcement intensity changed. The effectiveness of the continuous disclosure regime has been a question of interest since its inception, but research in this area is limited. Our results suggest that analysts’ forecast accuracy and dispersion improved for sample firms in response to the proposal and introduction of continuous disclosure regulations. However, following increased enforcement from 1998, analysts’ forecast dispersion deteriorated for small firms, possibly due to a decrease in private information received by financial analysts as regulators became more proactive in enforcing the ban on selective disclosure.     

Dupes or Incompetents? An Examination of Management's Impact on Firm Distress

This article examines whether managers impact firm performance. We conservatively define managerial ability as the manager's capacity to deploy the firm's resources. We verify the validity of our metric using a manager–firm matched panel data set that allows us to track managers (CEOs) across different firms over time. We find managerial ability is inversely related to the amount of time a firm spends in distress, the likelihood of a firm's failure, and the cost of failure. These results suggest that the managers of failed firms are less skilled than their counterparts. But even within failed firms there is heterogeneity in the talents of managers.     

Forecasting demands for inpatient services in a large public health care delivery system

This paper studies the use of autoregressive integrated moving average (ARIMA) time-series models for forecasting demands for inpatient services in a large public health care delivery system. Here, demands are measured in terms of monthly admissions and patient days by services and forecasts are made yearly. This paper emphasizes the implementation aspect of ARIMA models when they are used on a large scale basis in an institutional setting, and compares forecasts with actuals. For forecasting patient days, the adequacy of an indirect approach using the formula L = λW is also evaluated. Finally, we briefly describe how the forecasts are used in the context of resource allocation.