Examining the Draw of Diversity: How Diversity Climate Perceptions Affect Job‐Pursuit Intentions

Organizations must target talented applicants, who will often be demographically diverse, to attract the most competent and competitive workforce possible. Despite the bottom‐line implications of attracting the best and brightest, surprisingly little is known about how and why diversity recruitment strategies affect recruitment outcomes (e.g., job‐pursuit intentions). To gain insight into this question, we conducted an initial experimental study (N = 194) to test the premise that other‐group orientation moderates the relationship between perceived organizational value of diversity and job‐pursuit intentions. In a follow‐up experiment (N = 255), identity affirmation was examined as the mediating mechanism for the interaction observed in the first study. Mediated moderation analyses supported the proposed model. Collectively, the studies indicate that job seekers high in other‐group orientation are more intent on pursuing employment with organizations deemed to value diversity because they feel that their salient identities are likely to be affirmed. No such indirect effect is present for those lower in other‐group orientation.     

Temporal Orientation and Corporate Social Responsibility: Global Evidence

There has been a growing emphasis on the importance of a long-term perspective in academia and practice. Yet understanding of the interdependency of those factors – the temporal preferences embedded in organizations and in societal values as well as the influence of temporal orientation of investors – remains limited. We theorize whether and how a firm's corporate social responsibility (CSR) is affected by the societal temporal orientation, its time horizon, and its investors' time horizon. Using a global sample, we confirm that CSR activity is higher when a country has a long-term orientation culture, when the firm has a long-time horizon, and when the controlling institutional investor has a long-term investment horizon. We also find that the national culture's long-term orientation heightens the effect of a firm's long-time horizon on its CSR. Further, our results show that the effects of temporal orientation are more pronounced in environmental than in social CSR.     

Assessing the influence of external factors on agricultural production in Brazil

This article uses 2017 Brazilian agricultural census data (aggregated at county level) to evaluate the impact of external factors on agricultural efficiency in Brazil. The external factors are defined as access to credit, participation in cooperatives, proportion of literacy, technical assistance, and environmental production practices. All variables are transformed as the log of the municipal (county) rank. The response variable is defined as the free disposal hull (FDH) conditional ratio and a one-inflated beta regression is estimated. The results show that in counties where the FDH ratio is equal to 1, cooperatives have the biggest impact on efficiency, and where the FDH ratio is not equal to 1, environmental practices, which are most often associated with technology, have the largest effect on efficiency. Finally, the regions that are expected to see the largest gains in efficiency with increases in external factors are the Northeastern and the Northern regions of Brazil.     

THE INFLUENCE OF FUNDAMENTALS ON EXCHANGE RATES: FINDINGS FROM ANALYSES OF NEWS EFFECTS

Abstract As we survey the literature of macroeconomic news in the foreign exchange market, we can by now look back on nearly 30 years of research. The first studies which analysed news effects on exchange rates were established in the early 1990s (see, for example, Dornbusch). Almost at the same time Meese and Rogoff published their influential paper, revealing the forecasting inferiority in exchange rates of structural models against the random walk. This finding has shocked the pillars of exchange rate economics and thus cast general suspicion on research focusing on fundamentals in this field. The eventual rising popularity of event studies can partly be attributed to the re‐establishment of the raison d’être of exchange rate economics. This work focuses on systematically surveying this literature with particular respect to its primary goal, i.e. shedding light on the analytical value of fundamental research. Thus, its major findings are, first, fundamental news does matter, whereas non‐fundamental news matters to a lesser degree. Second, news influences exchange rates via two separated channels, i.e. incorporating common information into prices directly or indirectly based upon order flow. Third, with a few exceptions the impact of fundamental news on exchange rates is fairly stable over time.     

The cost of collusion：economic thinking on the uniform accommodation price of the hotel industry in Kunming,Yunnan

This paper studies the case of the collusive price of the hotel industry in Kunming by economically analyzingthe unsustainability of the collusive price and instability of collusive organizations, doubts about the collusive behavior,and thinks that the collusive price is not helpful to the development of tourism industry, the pillar industry in YunnanProvince.     

高校设立总会计师制度的职责定位

随着市场经济条件的变化,高校财务管理变得越来越重要,其专业性也愈来愈强。在高校设立总会计师岗位的前提下,正确对高校总会计师进行职责定位,更好地行使总会计师各项职责,发挥总会计师在高校财务管理中的作用,正成为提升高校财务管理水平的迫切需要。     

我国竞争行业生产效率的实证分析

本文对2000-2007年家具行业技术效率、全要素生产率以及生产率的变化进行了实证研究.研究表明:国有、联营、其它企业的市场竞争能力不强,港澳台、集体企业的竞争能力一般,私人、股份、外商企业的市场竞争能力比较强,生产率变化和企业数量具有正向关系,市场具有演化作用,它会淘汰不适应市场发展的企业类型,培养适应市场发展的企业类型.在此基础上,提出健全公平、自由、开放的市场体系,促进经济发展的建议.     

土地囤积对房地产市场绩效的影响机制研究

本文针对当前大量存在的土地闲置现象,建立一个以投机为主要目的的土地囤积模型,证明了在高度寡占的房地产市场中,由于地价上涨预期的存在,大房地产企业前期囤积剩下的闲置土地,在未来会更多的用来倒卖而不是生产,导致整个房地产行业的生产成本并没有因为土地囤积而得到明显降低,因而也没有起到平抑房价的作用。囤积土地却因此拉开了企业之间的成本差距,作为其扩张市场的一个重要手段,大房地产企业市场势力进一步增强,造成了房地产行业市场集中度的上升。同时发现土地囤积并进一步倒卖得到的土地转让收入也是房地产企业利润的一个重要来源。最后利用动态面版系统GMM估计对土地囤积对房价、土地转让收入和房地产企业利润的影响进行了计量检验,结果也基本支持了上述结论。     

我国集合信托产品预期收益率的影响因素及市场风险评价——基于SVAR-GARCH-M模型与因子分析法的实证研究

本文基于SVAR-GARCH-M模型,利用因子分析法对我国集合信托产品预期收益率的影响因素及其面临的市场风险进行测度。研究发现:我国集合信托产品预期收益率是以债券回购利率为基准,并随国内价格水平的变动进行调整,以维持真实收益的稳定性;我国集合信托产品预期收益率对市场风险表现出较高的敏感度,在各类风险因素中,由宏观经济形势变化所引发的融资成本上升风险占主导地位,信托公司资金运用的方式也会引致相应的风险,但与宏观风险因素相比,该类风险因素所占的权重相对较小。     

邓小平适度发展私营经济的思想探源

邓小平私营经济思想的形成有其重要的理论和实践渊源.中国古代思想家的智慧以及马克思、列宁和毛泽东创造和发展科学社会主义过程中对私营经济思想提供的理论支持构成了邓小平私营经济思想的理论渊源;改革开放以来中国特色社会主义建设实践构成了邓小平私营经济思想的实践渊源.