Short‐term impact of a voluntary health intervention on overall vs. preventive healthcare consumption

Healthtrac Rewards is a US‐based, workplace wellness intervention promoting healthy behaviour through voluntary self‐reporting of participants' dietary habits, physical activity and medical concerns. Monthly financial incentives encourage either primary participation or secondary participation requiring additional interaction with Healthtrac personnel. Using data from 17 533 eligible employees, the purpose of the study was to determine whether Healthtrac participants consumed fewer healthcare services, as measured by 2004 medical claim costs or numbers of procedures, relative to non‐participants. High‐cost individuals tended to self‐select into the programme. Costs were 22–27% greater among participants after controlling for other factors. Participants consumed more preventive care, however, which was correlated with reduced future procedures. The secondary intervention was more effective than the primary intervention, suggesting a priority on increasing intensity of involvement vs. basic enrolment.     

A meta‐analytic investigation of the relationship between HRM bundles and firm performance

Human resource management bundles consisting of multiple complementary practices are typically considered superior to individual best practices in influencing firm performance. This study investigates the relationship between three such bundles (empowerment, motivation, and skill‐enhancing) and business outcomes (retention, operating performance, financial performance, and overall performance ratings). A meta‐analysis of 239 effect sizes derived from 65 studies reveals that HRM bundles have significantly larger magnitudes of effects than their constituent individual practices, are positively related to business outcomes, and display effect sizes that are comparable to or larger than those of high‐performance work systems. These findings reaffirm the case for firm‐level investments in synergistic HRM combinations and highlight the importance of investing in complementary practices. © 2009 Wiley Periodicals, Inc.     

地质调查项目预算定额管理现状及发展前景

该文介绍了国外地质调查项目预算定额管理的现状 ,结合我国地勘行业的实际分析了地调项目预算管理中存在的主要问题 ,并就其未来的发展方向从人才培训、定额管理两个方面进行了探讨。     

Commentary. 'Work first': workfare and the regulation of contingent labour markets

The paper presents a critical review of UK and US welfare-to-workstrategies, stressing their implications for changing formsof labour regulation. The favoured policy orientation - 'workfirst' - forcefully redistributes the risks and burdens of job-marketinstability from the state to unemployed individuals, the solutionto whose 'welfare dependency' is presented in terms of a one-waytransition into (low) waged work. At a systemic level, the analysissuggests that a regressive regulatory accommodation may be emergingbetween mandatory welfare-to-work programming on the one handand the lowest reaches of deregulated, 'flexible' labour marketson the other, as the destabilisation of welfare via work-activationmeasures creates a forced labour supply for contingent jobs.     

Active labour market programmes and reservation wages: it is a hazard

This article uses a randomized controlled trial to show that positive earnings effects of a labour market programme can be caused by either a faster return to employment together with a lowering of reservation wages or a more moderate return to employment together with an increase in reservation wages. I model wages and unemployment duration simultaneously in a hazard framework allowing for unobserved heterogeneity.     

A Reappraisal of the Virtues of Private Sector Employment Programmes*

This paper evaluates the employment effects of active labour market programmes for Danish welfare benefit recipients, focusing on private sector employment (PSE) programmes. Using a latent variable model that allows for heterogeneous treatment effects among observationally identical persons, we estimate commonly defined mean treatment effects and the distribution of treatment effects. We find no significant mean treatment effect of PSE programme participation as compared to participation in other programmes for PSE programme participants. However, we find substantial heterogeneity in the treatment effects, and those most likely to participate in PSE programmes are those who benefit the least from such programmes.     

Toward a framework for tourism education: Problems and prospects

Jafari, Jafar, J. R. Brent Ritchie, Toward a Framework For Tourism Education: Problems and Prospects. Annals of Tourism Research 1981, VIII(1):13–34. The purpose of this article is to offer a framework for analysis and discussion of tourism education. It first adopts a definition of tourism within which interaction among its components and extraneous aspects are considered. Specifically, it addresses issues related to travelers, tourism goods and services, socio-physical factors, and the host-guest relationship. Second, it discusses some social science disciplines relevant to the study of tourism, with reference to some methods of research and teaching of tourism. Finally, the article moves on to present some other issues pertinent to curriculum development in tourism. Throughout the paper, a number of questions are raised and attempts are made to point out some critical issues in tourism education.     

A systematic assessment of the empirical support for transaction cost economics

Transaction cost economics (TCE) is one of the leading perspectives in management and organizational studies, yet debate continues regarding its empirical support. In this paper, we take stock of the large body of extant research and provide a systematic assessment of empirical evidence. In all, 308 statistical tests from 63 articles, selected according to a set of clear criteria, were examined across various dimensions. We assess not only the level of empirical support for the theory, but also the degree of paradigm consensus present in the empirical literature. Our analysis shows that results are mixed: while we found support in some areas (e.g., with regard to asset specificity), we also found considerable disagreement on how to operationalize some of TCE's central constructs and propositions, and relatively low levels of empirical support in other core areas (e.g., surrounding uncertainty and performance). We conclude that a more thorough empirical grounding of the theory's foundation is crucial to its future development, and offer several strategies for doing this. Copyright © 2003 John Wiley & Sons, Ltd.     

Viceroys or Emperors? An Institution‐Based Perspective on Merger and Acquisition Prevalence and Shareholder Value

We study how cross‐country variance in institutions that aim to address core agency problems influences consequential strategic decisions of firms around the world. Scholars frequently argue that the interests of minority shareholders are threatened by merger and acquisitions (M&As) due to principal‐agency problems. Rather than acting in shareholders’ best interests, managers potentially act as viceroys, using M&As to cushion themselves from risk and extract more pay. Yet equally salient is the issue of principal‐principal agency, where controlling shareholders can behave as emperors who use M&As to siphon off assets and profits, and appropriate wealth of shareholders with fewer control rights. Taking an institution‐based perspective on these ‘viceroy’ and ‘emperor’ problems, we conjecture that institutions aimed to address these agency problems can generate the desired outcome regarding M&A prevalence, but may also produce unintentional negative consequences for shareholder value as a side‐effect. Empirical evidence covering M&As from 73 countries supports our hypotheses.