Dark tourism as/is pilgrimage

This research note posits that the time has come to re-examine our contemporary usage of terms in order to allow for broader interpretations of different phenomena in the field of tourism. Specifically, it deals with the relationship between “dark tourism” and “pilgrimage”, but also highlights a number of broader ideas regarding the current state of tourism research.     

Cultural and behavioral differences: tour guides gazing at tourists

The aim of this exploratory study is to describe, examine, and analyze the manner in which tour guides in Israel gaze at the groups of foreign tourists they lead, in light of their close familiarity and cumulative experience with them. How do Israeli tour guides view different types of tourists, tourist behaviors, and tourist worldviews? The concept of ‘gaze’ refers to the manner in which people view the world around them. When a gaze is focused, it may include both visual and nonvisual elements. The study methodology is based on a grounded theory approach and on in-depth interviews with Israeli tour guides regarding their attitudes toward and perceptions and images of the tourists in their groups. The study proposes a model of five complementary gazes that develop over time, which depicts the processes and elements that help shape how hosts understand the tourists with whom they come in contact. Although the model was based on findings generated by interviews with Israeli tour guides, who are professional hosts, it may also be applicable to other kinds of hosts in different contexts.     

CITIES AND THEIR GURUS: The Role of Superstar Consultants in Post-political Urban Governance

While consultants have crept into various aspects of municipal governance, a selected few have transcended the others reaching the status of urban gurus. Although consultants are often perceived as depoliticizing urban affairs, research shows that the urban guru often instigates politicization. Research on urban gurus does thus highlight distinctions between gurus and ‘lay’ consultants, but it has paid insufficient attention to describing how, through their interaction with cities, politicization occurs. Moreover, the literature often portrays this interaction as an authority relationship in which the guru is superior, while in fact cities play an important role in bestowing ‘guru’ status. Using fieldwork, I examine the long-term interaction between Richard Florida and the City of Toronto, explaining how Florida's elevation to guru status by being brought to Toronto ended with him self-describing as ‘persona non-grata’. To explain the anomaly of this interaction and the way in which gurus instigate politicization, I differentiate between consultants’ ‘substance’ and ‘process’ roles in policy formulation processes. I show that, regarding substance, the guru offers a policy paradigm rather than policy instruments and, regarding process, their strength is in performing ideas rather than pulling strings behind the scenes—in both respects making the policy process more public and contested.     

Regal Hair Salon: Tax and financial reporting of gift cards

Regal Hair Salons Inc., an owner and operator of hair salons across the United States, has enhanced its brand recognition through gift cards and promotions. Using authoritative tax literature, you have to determine the amount and timing of its federal income tax liability for the gift cards of other retailers that Regal has sold, gift cards for its own products and services, and the gift cards that it has issued during a special promotion. You also have an opportunity to determine whether Regal’s financial reporting policies with respect to gift cards are consistent with Generally Accepted Accounting Principles (GAAPs), using FASB Accounting Standards Codification. Finally, based on your review of book-tax differences, you are to determine the appropriate current and deferred tax provision. The case provides an opportunity to examine several issues in a real-world setting, strengthen your tax and accounting research capabilities, and develop your critical thinking skills.     

Intergenerational Succession on Israeli Family Farms

Using a binary‐choice analysis, we study the likelihood of intra family intergenerational succession on Israeli family farms. This provides policy‐relevant information on the long‐run survival probabilities of these farms in a period of increased vulnerability of family farms. We compare two definitions of succession, one based on an official declaration of a succeeding child, and another which is more operational, based on the existence of an adult child who works on the farm alongside the parents. We also validate the probit results by comparing them to those of a more robust semi‐nonparametric method. We identify a number of family and farm attributes whose effects are statistically significant and consistent with economic theory based on the notion of an economic surplus resulting from intra‐family succession and on the notion of bargaining between the generations.     

Do corporate governance characteristics influence tax management?

This paper investigates how corporate governance plays a role in long-run tax management and contributes to the existing literature in several ways. First, we add insight into the horizon problems related to executive and director compensation and show that incentive compensation provides long-term incentives to improve performance by establishing a link between higher pay-performance sensitivity and lower taxes. Second, this is one of the first papers, to our knowledge, to empirically examine the role of governance in corporate tax management from a long-term perspective in order to better understand the lasting effects of governance. We find that incentive compensation drives managers to make investments into longer-horizon pay outs such as tax management. Furthermore, we find that this investment into tax management benefits shareholders; better tax management is positively related to higher returns to shareholders. We also address the endogeneity issues of corporate governance and performance measures. Finally, our paper is unique in examining which type of tax management strategy (domestic or foreign) different firms focus on. Our results shed light into how governance can improve firm performance and increase shareholder value in the long run.