What's Left for ‘Social Europe’? Brexit and Transnational Labour Market Regulation in the UK-1 and the EU-27

The paper examines UK government positions on the regulation of transnational labour in the context of Brexit. Through an analysis of EU regulations on posted workers – the practice whereby a company based in one EU member state sends workers to carry out a service in another EU member state – the paper argues that the UK has consistently advocated further liberalisation of transnational labour markets in EU level decision-making, a position consistent with promoting increasingly ‘flexible’ labour markets at home. Brexit marks a turning point. Demands from British workers for stronger protection against liberalising pressure help explain the UK's recent shift towards relaxing its opposition to ‘market-correcting’ EU initiatives like the revised posted worker directive. Brexit provides a window of opportunity for the revitalisation of ‘Social Europe’ in the EU-27, without a longstanding veto player at the bargaining table, but one more likely focused more on upholding national labour protections than initiating new supranational policies.     

Transfer of marketing knowledge to Catholic primary schools

While the role and importance of marketing have grown in nonprofit organizations, marketing knowledge in nonprofit education organizations, specifically primary schools, is sparse. This paper reports the research findings of an exploratory study designed to examine the transfer of marketing knowledge to Catholic primary schools. It identifies and explores what school leaders know about marketing, how they acquire that knowledge, and what factors contribute to or impede its development. Qualitative data gathered from Catholic school educational leaders reveal that while marketing is viewed in schools as an important management function, marketing knowledge is slow to transfer. Findings reveal that marketing knowledge is primarily developed unintentionally, as a result of trial and error, and that a lack of formal marketing training results in a heavy dependence on volunteers. Findings also indicate that school leaders have minimal autonomy under the Diocese, which, along with economic, cultural, and structural barriers, functions to limit marketing knowledge development. It was also found that, although cross‐sector cooperation is desired among educational leaders, it is not pursued, further limiting the transfer of marketing knowledge. Theoretical and managerial implications for resource‐strapped primary schools in competitive environments are discussed.     

Trust in the employer: the role of high-involvement work practices and procedural justice in European organizations

Despite the central role of trust in the organizational sciences, we know little about what makes people trust the organizations they work for. This paper examines the antecedents of employees' trust in their organizations drawing on survey data from over 600 European professional workers and managers. The results revealed direct as well as indirect relationships of both human resource (HR) practices and procedural justice with trust. The relationships of both HR practices and procedural justice with trust were partially mediated by perceptions of organizational trustworthiness (in terms of perceived ability and trustworthy intentions of the organization). Justice and HR practices were also found to interact such that justice forms a stronger predictor of trust in organizations when HR practices are less developed. In addition, employees' dispositional propensity to trust explained significant variance in employee trust in their organization, even when it was controlled in our analysis. The implications of these findings for research and practice are discussed.     

Alternative approaches to discrete working time choice in an AGE framework

We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly incorporates a logit discrete-choice approach into an AGE framework. On the grounds of both calibration consistency and adequate accommodation of within-household interaction, we argue that the logit approach is preferable.     

The value relevance of superannuation disclosures by Australian-listed firms sponsoring defined benefit plans

This paper investigates the value relevance of (employer sponsored defined benefit plan) superannuation disclosures required by AASB 1028. It addresses the competing claims by standard setters and lobbyists that such disclosures would (not) enhance the relevance and reliability of financial statements. It presents three principal findings. First, disclosed superannuation information is value relevant in the industrial sector, where these items tend to be material. Second, the market weights on the required disclosures are typically higher than those on recognised assets and liabilities. Third, and in contrast to the findings in similar US studies, accrued benefits do not have higher explanatory power relative to vested benefits.     

Attainability of European path-independent claims in incomplete markets

In this paper we consider the question which path-independent claims are attainable through self-financing trading strategies in an incomplete market. For continuous-time stochastic volatility models we show that only affine payoffs can be replicated. We provide a simple proof for this proposition based on the requirement that, for replication, the stock and the claim must be locally perfectly correlated, and based on the partial differential equation that any path-independent claim has to satisfy. Moreover, we show that this result does not carry over to discrete setups.     

Collaborative planning for retrofitting suburbs: transdisciplinarity and intersubjectivity in action

This paper presents the transdisciplinary research program undertaken by the Interdisciplinary Research Group on Suburbs or GIRBa (Groupe interdisciplinaire de recherche sur les banlieues, in French), as well as the collaborative planning process put forward to orient the future of Quebec City’s first ring suburbs. The first section presents the research problem and its context. The next section discusses the concepts of transdisciplinary and intersubjectivity at the very basis of the group’s work and orientations. The last section describes the content of the ongoing transdisciplinary research and action program and reports on the in-progress collaborative planning process.     

Peer effects in Austrian schools

This study deals with educational production in Austria and is focused on the impact of schoolmates on students’ academic outcomes. We use PISA 2000 and 2003 data to estimate peer effects for 15 and 16 year old students. School fixed effects are employed to address the potential self-selection of students into schools and peer groups. The estimations show significant positive effects of the peer group on students’ reading achievement, and less so for mathematics. The peer effect in reading is larger for students from less favorable social backgrounds. Furthermore, quantile regressions suggest peer effects in reading to be asymmetric in favor of low-ability students, meaning that students with lower skills benefit more from being exposed to clever peers, whereas those with higher skills do not seem to be affected much.     

Transparency and Assurance Minding the Credibility Gap

There is a growing realisation that the current upward trend in levels of disclosure of social, ethical and environmental performance by corporations and other organisations is not being accompanied by simultaneous greater levels of public trust. Low levels of confidence in the information communicated in public reporting is probably undermining the impetus for this disclosure.This article suggests that this credibility gap can be narrowed through the use of third party independent assurance. However, this is not an unqualified panacea. Much verification and assurance practice itself has to date been of questionable robustness, reliability and consistency, and has been framed by financial assurance models that are inadequate for the broader, qualitative dimensions of social, ethical and environmental performance. The paper argues that there is need for a universal standard for the provision of assurance of social, ethical and environmental reporting, and indeed for the credibility of the assurance providers themselves. The new AA1000S Assurance Standard, developed by the Institute of Social and Ethical AccountAbility, offers an approach and a tool for addressing these gaps.     

Changes in wage inequality in Canada: An interprovincial perspective

This paper uses the Canadian Labour Force Survey to understand why the level and dispersion of wages have evolved differently across provinces from 1997 to 2013. The faster increase in the level of wages and the decline in wage dispersion in Newfoundland, Saskatchewan and Alberta are the starkest interprovincial differences. We find that they are accounted for by the growth in the extractive resources sectors, which benefited less‐educated and younger workers the most. Increases in minimum wages since 2005 are found to be the main reason why wages at the very bottom grew more than those in the middle of the distribution.