Mandatory and binding arbitration: Effects on employee attitudes and recruiting results

This paper reports the results of two studies undertaken in the same Fortune 500 company as it adopted an Alternative Dispute Resolution (ADR) program. Study 1 assessed employees' perceptions of fairness, trust, and turnover intentions regarding ADR options. Compared with other options for ADR, a program consisting of mandatory mediation followed by mandatory and binding arbitration (MMBA) resulted in significantly lower levels of procedural fairness perception, organizational trust, and intentions to stay with the firm. Contrary to previous research, no significant effects were found related to respondents' demographic characteristics and their reactions to ADR program characteristics. In Study 2, job‐applicant flow data were evaluated and compared by corporate region to determine the effects of an MMBA program installed in one region. Results revealed no significant effects related to the MMBA program on the organization's ability to recruit and ultimately fill key positions. As in Study 1, no significant effects were found in Study 2 for the demographic characteristics of applicant race/ethnicity, gender, or age on applicant recruitment decisions. Although Study 2 results indicated job candidates are unaffected by the existence of an MMBA program, given Study 1's results, practitioners should be cautious about implementing such a program for current employees. © 2011 Wiley Periodicals, Inc.     

市场经济运行中的效率与公平及分配正义辨正

要建立一个真正意义上的和谐社会,必须以实现分配正义为前提.而仅靠市场经济的分配模式尚不能实现合理、公正的分配,解决社会不公问题.政府介入是经济运行的必要调控手段,政府介入到市场经济的运行中来,必然会面临如何处理公平与效率的关系问题.只有理顺这一关系才能使社会财富的分配走向更加合理化,才能创造一个和谐的制度环境,从而实现和谐社会构建.     

THE KNOWLEDGE INHERITANCE THEORY OF DISTRIBUTIVE JUSTICE

This article criticises the 'knowledge inheritance theory of distributive justice' presented by Gar Alperovitz and Lew Daly in their Unjust Deserts: How the Rich Are Taking Our Common Inheritance and Why We Should Take It Back; Wealth and Inequality in the Knowledge Economy (New York: The New Press, 2008). The authors claim that since innovation depends far more on accumulated knowledge than on any individual's contribution, most resulting wealth is deserved equally by all members of society. Their redistributive conclusion is not justified. Illegitimately applying the concept of justice to contexts where it is at best metaphorical, the 'knowledge inheritance theory' massively undervalues the role of individual intellectual activity, and relies on confusions concerning the nature of society, rights, causality, and gifts.     

Minority Shareholders and Auditors: A Brief History of a Litigious French Merger

The case of a French merger can be used to better understand the nature of conflicts of interest and cognitive conflicts between accountants, shareholders, lawyers and judges. This is especially the case when exchange ratios are unfairly established. When caught in a situation of asymmetric information, minority shareholders try to obtain more information about the auditors' report through judicial proceedings. The financial knowledge possessed by the judge then becomes a necessary condition for shareholders to be protected.     

论我国西部地区基层人民法院独立审判与司法公正

"公正与效率"是21世纪人民法院的工作主题,独立审判是我国宪法规定的一项基本原则,是实现司法公正的根本前提,而独立审判的实现需有一系列的司法制度来保证。根据我国西部地区社会政治经济现实,目前应从以下三个大的方面加大司法改革力度:法院独立;独立审判;法官独立。司法改革的价值取向是司法公正,司法公正的前提是独立审判。法院独立、审判独立、法官独立是实现独立审判的必由之路,是迈向法治国家的第一步。     

Examining differences in consumer reactions to partitioned prices with a variable number of price components

Partitioned pricing is a tactic in which a seller presents multiple prices for a single product or service instead of one, all-inclusive price. This research investigates effects of partitioned prices containing a variable number of price components, under varying levels of seller trustworthiness, and with or without the presentation of the total price. The results indicate that partitioning into a large number of price components, relative to a small number of price components, negatively affects perceived fairness and purchase intentions for less trustworthy, but not more trustworthy, sellers when the total price is not presented. However, partitioning into a large number of price components positively affects fairness and purchase intentions, regardless of seller trustworthiness, when the total price is presented. The research also examines effects of partitioning on price estimation and recall.     

试论我国当前社会公正问题的产生原因及其解决路径

社会公正是我国社会发展现今面临的一个现实重大课题。建立一个公平与正义的社会制度更是中国人民与中国共产党人的一直努力追求的目标。一个和谐的社会应是一个社会各阶级、阶层、集团间利益分配均衡并充满生机与活力的社会。因此,只有探讨并最终解决社会的公平与正义,才能最终构建和谐的社会。本文试图通过对公正内涵、产生社会公正问题的原因进行分析,进而探寻实现社会公正的现实路径。     

优化我国证券收益所得课税的思考

我国经济和证券市场的高速发展对现行证券税制提出更高的要求。因此,我国证券税制的改革应循着这样的道路:进一步完善现行税制,并与国际惯例接轨;调节收入分配关系,更好地体现公平原则;打击短期投资行为,鼓励长期投资;尽快解决重复征税问题,使之成为推动证券市场健康发展的动力。     

Attention to Fairness versus Profits: The Determinants of Satisficing Pricing

We investigate determinants of the competitive behaviour of satisficing, non‐profit‐maximizing pricing. Taking a behavioural approach, we argue that pricing decisions are motivated by fairness objectives as well as the desire to achieve economic objectives. We draw from the attention‐based view to build our theoretical model explaining the contextual conditions that are most likely to be associated with attention to fairness relative to attention to achieving maximum profits when setting prices. Our hypothesized predictors of satisficing pricing decisions encompass the institutional context in which the firm is embedded, the exchange context with customers and suppliers, and the context internal to the firm. Hypotheses are tested with survey data of over 3000 firms from 15 countries. We find that the decision to set prices at a satisficing level is remarkably common, and its prevalence is associated with contextual factors that are consistent with greater attention to fairness concerns.     

Effect of Price Change Alert on Perceptions of Hotel Attribute-based Room Pricing (ABP) versus Traditional Room Pricing (TRP)

Aside from marketing information on traditional room rates, hotels and online travel agents (OTAs) are trying a new pricing technique based on the attributes of guestrooms. This research investigates how attribute-based room pricing (ABP) differs from traditional room pricing (TRP) in influencing consumer reactions when consumers receive a price change alert before (vs. after) sales. Through a series of experiments, we found that TRP and ABP result in similar alert attitude, brand attitude, and visit intention for presale price change alert. However, ABP leads to more favorable results for postsale price change alert. We examined the underlying mechanism and found that perceived fairness mediates the effect of pricing strategy on brand attitude, price alert attitude, and visit intention for postsale alert only. This research provides hotel managers and OTA marketers with guidance on when to send either type of price change message to consumers.