The fiscal cost of child grants in the context of high adult mortality in South Africa: A simulation to 2015

This paper investigates the expected costs of cash transfers to children in South Africa up to 2015. The child population is not expected to grow between 2008 and 2015 and thus the fiscal cost of the Child Support Grant is expected to stabilise in the near future. The other major child grant, the Foster Care Grant, is far less predictable – while it is not intended to be an orphan grant, three quarters of its beneficiaries are orphans. Because of the HIV/AIDS pandemic, the number of dual orphans is expected to double between 2008 and 2015, reaching 1.3 million, and the overall number of orphans (maternal, paternal and dual) to reach 4.8 million by 2015. If the Foster Care Grant were to become a de facto orphan grant, its costs would escalate rapidly. The paper does not argue in favour of an orphan grant, but rather for greater effort in ensuring that the Child Support Grant reaches the neediest children, especially maternal orphans.     

Effect of foreign GAAP earnings and Form 20-F reconciliations on revisions of analysts' forecasts

A controversial area of U.S. securities regulations involves the Securities and Exchange Commission's (SEC) financial reporting requirements for foreign firms, specifically, the necessity of providing a quantitative reconciliation to U.S. GAAP (Form 20-F). The results of earnings-returns research to date indicate that the release of foreign GAAP earnings provides important information. However, the results of earnings-returns studies using reconciled information are mixed. Instead of using an earnings-returns methodology adopted in prior research, this study utilizes analysts' revisions as a market indicator of the effect of information released in foreign GAAP earnings and the reconciled information in Form 20-F. Additionally, the study investigates the influence of four firm-specific variables in the firm's information environment—similarities of accounting systems, analyst following, difference between reconciled earnings and foreign GAAP earnings, and dispersion of analysts' expectations—on positive abnormal revision activities of financial analysts at the time of filing Form 20-F.The results indicate that the release of foreign GAAP earnings (at earnings announcement dates) and reconciled information (at the time of filing Form 20-F) contains relevant information as measured by analysts' revisions. Further, variables representing analyst following, change in reconciled earnings, and dispersion of analysts' expectations are significant in explaining the variation observed in positive abnormal revisions.     

Shareholder preferences concerning corporate ethical performance

This study surveyed investors to determine the extent to which they preferred ethical behavior to profits and their interest in having information about corporate ethical behavior reported in the corporate annual report. First, investors were asked to determine what penalties should be assessed against employees who engage in profitable, but unethical, behavior. Second, investors were asked about their interest in using the annual report to disclose the ethical performance of the corporation and company officials. Finally, investors were asked if they felt that ethics reports should be audited.The survey results indicate that many shareholders (42%) do not expect a high level of ethical behavior from corporate employees or officers. There is a significant amount of interest in disclosure of ethical issues (72%) and unwillingness to trust management to provide unbiased reports of ethical behavior. If such reports are included with the financial statements, 32 percent of the investors surveyed would prefer to have them audited to provide independent verification.Marc J. Epstein is currently a Visiting Professor at the Graduate School of Business Administration at Harvard University Ruth Ann McEwen, Associate Professor, and Roxanne M. Spindle, Assistant Professor, are members of the Accounting Department at Virginia Commonwealth University.     

Knowledge translation and exchange in the Canadian microbial food safety system: A quantitative assessment of researcher awareness,attitude, and activities with government policymakers

Knowledge translation and exchange (KTE) is a process through which research evidence can more effectively inform decision making in policy and practice environments. A telephone survey of Canadian microbial food safety researchers was conducted in 2009 to examine aspects of researcher KTE activities with government policymakers. Overall, researcher awareness of and engagement in KTE activities was high, although engagement was mainly through end-of-research dissemination activities rather than throughout the research process (integrated knowledge translation) and engagement in some high-quality KTE activities was low. Government researchers were significantly more likely to engage in KTE activities with federal policymakers and did so with greater frequency than non-government researchers.     

Nuclear power: The family in decolonial perspective and ‘pro-family’ politics in Africa

ABSTRACT

This article argues that the normative construction of ‘family’ in heteronormative ‘nuclear’ terms is infused with power relations, and therefore must not be taken for granted as an analytical category or concept. Not only a site where racialised and patriarchal western notions of sexed and gendered hierarchies have been naturalised and institutionalised, the ‘nuclear family’ model was positioned as a signifier of modernity, civilisation and progress within eurocentric knowledge construction that served colonial interests. This discussion reviews decolonial thinking on the nuclear family, as well as anti-imperialist literature on the colonial history of the nuclear family ideal. These perspectives are brought into conversation with current developments in which the nuclear family model is being reinvigorated by the conservative US-based ‘pro-family’ movement. The ‘family’, it is concluded, is entangled in multiple relations of geo-political power that should be taken into account in research and the production of knowledge around kinship in African contexts.     

Catholic Economic Association Minutes of the Executive Council Meeting May 13, 1961

This paper applies thematic analysis to survey data obtained from a sample of AFDC recipients to investigate the complexities of single-parent decision-making in low-income households. A basic needs budget is developed to determine the adequacy of women's wages to provide for children's minimal material needs. In surveys, parents indicate their primary goal is the well-being of the children, determined by the adequacy of several types of resources, which we categorize into four groups: 1) material resources, 2) caring resources, 3) community resources, and 4) the macro-level environment. Using this framework, we develop a schematic model of single-parent decision-making, incorporating the assumption that children's level of need and well-being are determined not only by the cost and availability of material resources but also by psychological factors such as gender conflicts, neighborhood safety, as well as parents' time and social networks that provide caring labor.     

The Effect of Program Context on Commercial Performance

In order to assess the effects of program context upon television commercial “performance,” two proposed attributes of both television programs and commercials—content and style—were operationalized to establish four viewing packages. Each typology represented a different content-style relationship between the commercial and the program carrier. It was hypothesized that consistent contextual relationships would result in individuals reacting more favorably toward, though providing lesser recall of, the commercial/ product advertised. Post-viewing questionnaire responses obtained from 279 experimental subjects indicated that the content-style relationship between a program and commercial yielded no major commercial impact effects, although the stylistic dimension may have certain communication effectiveness consequences.