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Full-Text Articles in Business

Wineries' Involvement In Promoting Tourism Online: The Case Of Texas, Leslie Rasch, Ulrike Gretzel Jan 2008

Wineries' Involvement In Promoting Tourism Online: The Case Of Texas, Leslie Rasch, Ulrike Gretzel

Faculty of Commerce - Papers (Archive)

Wine tourism has become an important driver of business for wineries in many regionsaround the world, while Texas wine regions are only starting to emerge as important tourism destinations.A study was conducted to investigate how effectively Texas wineries market tourism to their ownestablishments as well as in a regional context. A specific focus was placed on indications of collaborativewine tourism marketing practices on winery websites. The results indicate that wineries providebasic visitor information but are missing out on strategic opportunities to market wine tourism to theirareas.


Identifying The Pattern Of International Stock Return Co-Movements, Abbas Valadkhani, Surachai Chancharat, Charles Harvie Jan 2008

Identifying The Pattern Of International Stock Return Co-Movements, Abbas Valadkhani, Surachai Chancharat, Charles Harvie

Faculty of Commerce - Papers (Archive)

This paper investigates the relationships between stock market returns of 13 countries based upon monthly data spanning December 1987 to April 2007. SpecifIcally, the principal component (PC) and maximum likelihood (ML) methods are used to examine any discernable patterns of stock market co-movements. Factor analysis provides evidence that stock returns in a number of Asian countries are highly correlated and, based on the resulting robust frictor loadings, they fbrm the first well-defined common factor. We also find consistent results (bused on both the PC and ML methods,) suggesting that the stock returns of all global developed economy stock markets are …


Selective Marketing For Environmentally Sustainable Tourism, Sara Dolnicar, Friedrich Leisch Jan 2008

Selective Marketing For Environmentally Sustainable Tourism, Sara Dolnicar, Friedrich Leisch

Faculty of Commerce - Papers (Archive)

The natural environment represents the main resource for many tourism destinations and tourists are increasingly interested in spending their vacation in unspoilt natural areas. Consequently, destination managers are under increased pressure to implement ecologically sustainable practices. Selective targeting of tourists has been proposed as one approach to sustainable destination management, but the feasibility of this approach remains untested. Therein lies the contribution of this study. Results from a survey of 1000 Australians indicated that market segments based on past environmentally friendly behaviour at the destination represent distinct groups with respect to psychographic, behavioural and socio-demographic personal characteristics. These explanatory variables …


Keeping Up Appearances: The Quest For Governance Legitimacy, Graham Bowrey Jan 2008

Keeping Up Appearances: The Quest For Governance Legitimacy, Graham Bowrey

Faculty of Commerce - Papers (Archive)

An effective corporate governance structure is as crucial to a public sector organisation as it is to a private sector organisation. This paper reviews the profile of directors on governance boards of government controlled organisations and finds that, while the governance structures are similar with those in the private sector, the real power to set the strategic, financial and operational directions of these organisations is not in the hands of the directors, as it is in the private sector, but in the hands of the responsible ministers. This de-coupling, it is argued, is due to the perception that private sector …


Biotechnology Integration As A Sociology Of Innovation, L. J. Daniel, Patrick Dawson Jan 2008

Biotechnology Integration As A Sociology Of Innovation, L. J. Daniel, Patrick Dawson

Faculty of Commerce - Papers (Archive)

Understanding the sociological process by which innovations are developed and adopted provides an interesting challenge for managers and marketers. In practical terms, recognizing the various intangible social influences that modulate innovation development and uptake requires a flexible framework which enables the variable stakeholder contributions to be taken into account. Research into the Australian biotechnology industry has provided valuable insight into the social processes in the development and integration of these innovations. Evidence from the industry reveals integration was a dynamic social process directed by the multiple agendas of participating stakeholders. The social foundation of integration activities was strongly reliant on …


Lost And Found: Social Innovation And Occupational Health And Safety In Organizations, M. Zanko, Patrick Dawson Jan 2008

Lost And Found: Social Innovation And Occupational Health And Safety In Organizations, M. Zanko, Patrick Dawson

Faculty of Commerce - Papers (Archive)

Despite the wealth of material on occupational health and safety (OHS) there remains an ongoing tragic toll on workers. Governments of the more industrialised economies have sought to address this problem through launching a raft of legislative changes. However, implementation of these mandates generally rests with management and whilst procedural regulations are broadly adhered to, more innovative solutions to OHS issues at work have been absent. In this paper we provide a brief overview of developments, debates and studies in OHS and through drawing on the concept of social innovation toward a more holistic organizational model of OHS management.


‘Primary Care' Presentations At Emergency Departments - Rates And Reasons By Age And Sex, Peter M. Siminski, Andrew J. Bezzina, L. P. Lago, Kathy Eagar Jan 2008

‘Primary Care' Presentations At Emergency Departments - Rates And Reasons By Age And Sex, Peter M. Siminski, Andrew J. Bezzina, L. P. Lago, Kathy Eagar

Faculty of Commerce - Papers (Archive)

'Primary care' presentations at Emergency Departments (EDs) have been the subject of much attention in recent years. This paper is a demographic analysis of such presentations in New South Wales EDs and of self-reported reasons for presentation.


Segmenting Tourists Based On Satisfaction And Satisfaction Patterns, Sara Dolnicar, H. Le Jan 2008

Segmenting Tourists Based On Satisfaction And Satisfaction Patterns, Sara Dolnicar, H. Le

Faculty of Commerce - Papers (Archive)

Market segmentation has a long history in empirical tourism research. So does satisfaction research. Yet, little work has been done at the cross-roads of these two areas. This chapter makes a step towards filling this gap by (1) reviewing prior work in data-driven market segmentation with a specific focus on satisfaction, (2) analysing managerial recommendations resulting from these studies, and (3) providing empirical examples of how commonsense and data-driven segmentation studies could be conducted using satisfaction as discriminating criterion between tourists.


Cross-Cultural Comparisons Of Tourist Satisfaction: Assessing Analytical Robustness, Sara Dolnicar, Bettina Grun, Huong Le Jan 2008

Cross-Cultural Comparisons Of Tourist Satisfaction: Assessing Analytical Robustness, Sara Dolnicar, Bettina Grun, Huong Le

Faculty of Commerce - Papers (Archive)

Response styles can distort survey findings. Culture-specific response styles (CSRS) are particularly problematic to cross-cultural and empirical tourism researchers using multi-cultural samples because the resulting data contamination can lead to inaccurate conclusions about the research question under study. This is particularly the case when constructs such as satisfaction are measured, which are difficult to operationalise. Nevertheless, possible culture-specific response style effects are typically ignored, thus jeopardizing the validity of reported findings. This chapter raises awareness of the problem, illustrates the problem empirically and presents a method that enables researchers to assess the robustness of empirical findings on cross-cultural differences in …


Social Capital Renewal And The Academic Performance Of International Students In Australia, Frank V. Neri, Simon Ville Jan 2008

Social Capital Renewal And The Academic Performance Of International Students In Australia, Frank V. Neri, Simon Ville

Faculty of Commerce - Papers (Archive)

Many believe that social capital fosters the accumulation of human capital. Yet international university students arrive in their host country generally denuded of social capital and confronted by unfamiliar cultural and educational institutions. This study investigates how, and to what extent, international students renew their social networks, and whether such investments are positively associated with academic performance. We adopt a social capital framework and conduct a survey of international students at a typical Australian university in order to categorise and measure investments in social capital renewal, and test a multivariate model of academic performance that includes social capital variables, amongst …


Real Interest Rate Interdependence Among The G7 Nations: Does Real Interest Parity Hold?, Bruce Felmingham, Arusha V. Cooray Jan 2008

Real Interest Rate Interdependence Among The G7 Nations: Does Real Interest Parity Hold?, Bruce Felmingham, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

We evaluate the extent of real interest rate interdependence among three month treasury bill rates of the G7. Monthly data over the period 1970(1) to 2003(12) is subjected to recursive estimation of a cointegrating equation. The evidence suggests a high degree of interdependence between the G7 interest rates with the degree of integration increasing over the sample period. Tests for parameter constancy highlight the disruptive effects of the first oil price shock although the impacts on financial markets of the September 11 and the attack occurrence of the Asian crisis have limited impacts. The evidence for the presence of a …


Adoptability Of Japanese Management Practices In Sri Lankan Industry, Anura De Zoysa, Siriyama Kanthi Herath Jan 2008

Adoptability Of Japanese Management Practices In Sri Lankan Industry, Anura De Zoysa, Siriyama Kanthi Herath

Faculty of Commerce - Papers (Archive)

The effectiveness of Japanese management practices (JMPs) is often referred to as a major reason for Japan's economic miracle. In recent years, several countries also have achieved remarkable results by adopting some JMPs in their manufacturing organisations. Through the overview of an Indian experience, this paper attempts to examine how Sri Lankan industrialists can benefit from adopting JMPs in their organisations. It is suggested that JMPs, if properly adopted, can accelerate industrial development in Sri Lanka by contributing effectively towards achieving low cost, superior quality and high productivity.


Community Valuations Of Environmental Quality In Coastal Lakes: Lake Illawarra Case Study, Ann T. Hodgkinson, Abbas Valadkhani Jan 2008

Community Valuations Of Environmental Quality In Coastal Lakes: Lake Illawarra Case Study, Ann T. Hodgkinson, Abbas Valadkhani

Faculty of Commerce - Papers (Archive)

This study illustrates how the hedonic pricing method can measure the value of environmental assets in an urban setting. A HPM valuation, utilising relatively easily accessible secondary data, and a semi-logarithmic regression form, is used. The value achieved was substantially greater than either expenditures to date or the actuarial valuation of Lake Illawarra. The study demonstrates the applicability of the technique and recommends its further development and use for this type of public decision-making. A range of other data was also generated that adds to the usefulness of this approach for general planning purposes.


The Development Of Private Businesses In China, Guibin Zhang, Zhong Qin Jan 2008

The Development Of Private Businesses In China, Guibin Zhang, Zhong Qin

Faculty of Commerce - Papers (Archive)

China’s economic development since 1978 has been fuelled largely by a new private sector that has depended on entrepreneurship. In 1978 the private sector virtually did not exist. In 2005 it was estimated that about one-quarter of gross domestic product (GDP) was produced by the domestic private sector. However, the academic discourse on China’s private sector is lagging behind the sector’s actual development. Before the market reforms introduced by Deng Xiaoping in 1978, China relied on state entrepreneurship. When the model of state entrepreneurship began to run out of energy, the Chinese Communist Party (CCP) turned to private entrepreneurship as …


Perceptions Of Business Challenges Facing Malaysian Smes: Some Preliminary Results, Ali S. Saleh, Peter Caputi, Charles Harvie Jan 2008

Perceptions Of Business Challenges Facing Malaysian Smes: Some Preliminary Results, Ali S. Saleh, Peter Caputi, Charles Harvie

Faculty of Commerce - Papers (Archive)

This paper develops an instrument to measure perceptions of business barriers facing small and medium sized enterprises (SMEs) based upon a sample of 138 Malaysian businesses. An exploratory factor analysis yields five key factors covering: perception of government policies; perception of human capital; perception of availability of infrastructure; perception of business competition; and perception of financial issues. Reliability and item analyses provide support for the internal consistency of the factors and the discriminatory power of items that constitute the factors. In particular, this study finds that perceptions of government policies and infrastructure availability have the highest mean scores, suggesting that …


Disruptions In Information Flow: A Revenue Costing Supply Chain Dilemma, Albert Munoz, Michael D. Clements Jan 2008

Disruptions In Information Flow: A Revenue Costing Supply Chain Dilemma, Albert Munoz, Michael D. Clements

Faculty of Commerce - Papers (Archive)

The integration of supply chains as a mechanism for value creation is largely dependent on continuous flowof real time accurate information from the customer back upstream to the manufacturer. This ideal is oftenunachievable when disruptions in the flow of information and materials are known to regularly occur in somemanufacturing supply chains. This paper focuses on quantifying the potential lost sales revenue attributed toinformation and material delays in a supply chain using discrete event simulation of the Beer Distribution Game.Results indicate a direct relationship between lost sales revenue and delay times. When exposed to severallevels of delay such disruptions will cause …


Ict Devices As Ubiquitous Tools For Information Seeking Activity, Joseph A. Meloche, Helen M. Hasan Jan 2008

Ict Devices As Ubiquitous Tools For Information Seeking Activity, Joseph A. Meloche, Helen M. Hasan

Faculty of Commerce - Papers (Archive)

This paper investigates the use of current and developing ubiquitous digital devices and the way that they impact on, and are integrated into, use by groups within the community for information seeking. Three cases are presented involving ubiquitous use of the mobile phone, USB memory devices, and a wireless groupware system. The study considers the need for ongoing research to inform, direct and study the innovative use, appropriation and development of such tools. The primary methodological framework that is applied is activity theory, as it allows dasiatoolpsila to be examined in light of purposeful activity in the context of their …


What Determines The Research Output Of Australian Universities?, Abbas Valadkhani, Simon Ville Jan 2008

What Determines The Research Output Of Australian Universities?, Abbas Valadkhani, Simon Ville

Faculty of Commerce - Papers (Archive)

This paper develops and estimates a cross-sectional model for forecasting research output across the Australian university system. It builds upon an existing literature that focuses either on institutional comparisons or studies of specific subjects, by providing discipline-specific results across all of the ten major disciplinary areas as defined by Australias Department of Education, Science and Training (DEST). The model draws upon four discipline-specific explanatory variables; staff size, research expenditure, PhD completions, and student-staff ratios to predict output of refereed articles. When compared with actual averaged output for 2000-2004, the results are highly statistically significant.


Enabling Authentic Cross-Disciplinary Learning Through A Scaffolded Assignment In A Blended Environment, Anne Abraham, Hazel J. Jones Jan 2008

Enabling Authentic Cross-Disciplinary Learning Through A Scaffolded Assignment In A Blended Environment, Anne Abraham, Hazel J. Jones

Faculty of Commerce - Papers (Archive)

This paper reports on the development of a scaffolded learning assignment with blendedcomponents in a cross-disciplinary setting. The assignment has been developed in a socioculturalcontext, based on a Vygotskian approach and this paper details the design anddevelopment of the assignment. The five stages of the assignment have been carefullyscaffolded and include elements of individual and group tasks, finishing with an individualreflection on the process. Formative assessment and associated feedback are importantelements of the scaffolding and suggestions for further applications for the learning designof the assignment are suggested.


Simulation Down Under, Matthew P. Pepper, Trevor A. Spedding Jan 2008

Simulation Down Under, Matthew P. Pepper, Trevor A. Spedding

Faculty of Commerce - Papers (Archive)

This paper provides a brief literature review of the current applications of simulation in Australia. The paper identi-fies areas that use simulation modeling and dynamic tools for growth and improvement, while also highlighting opportunities for future applications of simulation. The simulation applications highlighted in this paper are focused on some of the most significant issues facing Australia today.


Predicting Packaged Holiday Purchases: The Case Of A Mature Market (Switzerland), Christian Laesser Jan 2008

Predicting Packaged Holiday Purchases: The Case Of A Mature Market (Switzerland), Christian Laesser

Faculty of Commerce - Papers (Archive)

Tour operators in Europe and Switzerland face multiple challenges. Yet, against all expectations, they more or less manage to maintain their overall market share. This paper explores why this is so by exploring determinants which predict packaged holiday purchases (as opposed to independent travel) by means of a binary logistic regression. The case is a mature outbound market — Switzerland. The results somewhat contrast with previous research, and reveal that choosing a packaged holiday cannot be predicted by socio-demographics, but rather by a given travel situation. Lack of familiarity with the destination, small travel groups, the travel motivations diversion/experience of …


Call Auction Transparency And Market Liquidity, Evidence From The Shanghai Stock Exchange, Gary G. Tian, Dionigi Gerace, Alex Frino Jan 2008

Call Auction Transparency And Market Liquidity, Evidence From The Shanghai Stock Exchange, Gary G. Tian, Dionigi Gerace, Alex Frino

Faculty of Commerce - Papers (Archive)

This paper examines the impact of pre-trade information transparency in pre-open call auction on market liquidity on the Shanghai Stock Exchange (SHSE). We examine the natural experiment affected by the Shanghai Stock Exchange in July 2006 when it changed its pre-open auction algorithm from an entirely black box into a limited transparent system with a closed order book. We find that the increase in pre-trade information transparency coincides with a statistically significant reduction in spread at the best quotes. The reduction in spread persists even after controlling for known determinants of depth. Furthermore, there is also evidence of a statistically …


An Analysis Of The Financial Services Regulations Of Australia, Shyam S. Bhati Jan 2008

An Analysis Of The Financial Services Regulations Of Australia, Shyam S. Bhati

Faculty of Commerce - Papers (Archive)

The purpose of this paper is to critically analyse various aspects of Australian Financial Services Regulation in terms of Llewellyn’s Theory of Financial Services Regulation and offer suggestions for the improvement of FSR based on the analysis. A discussion based approach is used to conduct this analysis. It is observed that the FSR Act, 2001 of Australia does not cover credit products thereby leaving an important segment of the market outside the purview of the Act. The policies developed by Australian Securities and Investment Commission (ASIC) on FSR Act relies on Industry self regulation as mechanism of creating trust and …


Corporate Social Responsibility Website Representations: A Longitudinal Study Of Internal And External Self-Presentations, Debra Z. Basil, Jill Erlandson Jan 2008

Corporate Social Responsibility Website Representations: A Longitudinal Study Of Internal And External Self-Presentations, Debra Z. Basil, Jill Erlandson

Faculty of Commerce - Papers (Archive)

This research undertakes a longitudinal study to assess the representation of CSR activities on Canadian companies' websites. A systematic sample of the websites of 159 companies from Canada's top 1000 was assessed in 2003 and 2006. Results reveal that only 27% expressed some form of CSR activity in 2003, compared to 67% in 2006. Based on a frame from Weaver, Trevino, and Cochran (1999a), CSR activities are categorized as external or internal. A strong increase in internal CSR activities is evident. Companies that are more successful indicate more CSR activity on their websites; this effect is driven primarily by internal …


Modelling Patient Arrivals When Simulating An Accident And Emergency Unit, Le Yin Meng, Trevor A. Spedding Jan 2008

Modelling Patient Arrivals When Simulating An Accident And Emergency Unit, Le Yin Meng, Trevor A. Spedding

Faculty of Commerce - Papers (Archive)

This paper presents a case study of a discrete event simulation model of an Accident and Emergency Unit in a hospital in the UK. The objective of the study is to create a simulation study of the A&E Unit, to evaluate alternative scenarios and hence reducing patient waiting time. The case study uses a novel approach to predict the arrival time of patients and hence results in a more realistic platform on which to base the subsequent scenario analysis. The scenario analysis illustrates that significant reductions in the waiting time of patients can be obtained by relatively minor changes in …


Choice And Context In Studying Change, Creativity And Innovation At Work: Call Off The Search For Excellence, Question Combinational Perspectives, And Loosen The Straightjacket Of Polarised Views, Patrick M. Dawson Jan 2008

Choice And Context In Studying Change, Creativity And Innovation At Work: Call Off The Search For Excellence, Question Combinational Perspectives, And Loosen The Straightjacket Of Polarised Views, Patrick M. Dawson

Faculty of Commerce - Papers (Archive)

This article draws attention to debates on studying change, creativity and innovation at work. Attention is given to 'stable' and 'process' views of organizations and how these positions influence research objectives, methodological approach and findings. The paper is critical of those who seek to hold to a superior position - a one best approach for all; as well as those who seek the best from all worlds - a combinational approach that services both quantitative and qualitative research. In drawing on over 25 years of field research on change management, the paper also seeks to explore the broken links between …


Global Staffing In Developing Countries: A Case Of American And Japanese Multinational Companies In Vietnam, Anne Cox Jan 2008

Global Staffing In Developing Countries: A Case Of American And Japanese Multinational Companies In Vietnam, Anne Cox

Faculty of Commerce - Papers (Archive)

This paper addresses three research areas of global staffing: to determine the influences of the home country on multinational companies (MNCs) global staffing strategies at their overseas subsidiaries, how institutional and cultural distance affects the 'context generalisability' of global staffing policies; and how MNCs localize their human resources within their subsidiaries.


Balancing The Seesaw: How Australia's Carbon Pollution Reduction Scheme Can Fail, Andrew S. Tan, Mary A. Kaidonis, Lee C. Moerman Jan 2008

Balancing The Seesaw: How Australia's Carbon Pollution Reduction Scheme Can Fail, Andrew S. Tan, Mary A. Kaidonis, Lee C. Moerman

Faculty of Commerce - Papers (Archive)

Australia’s ratification of the Kyoto Protocol and the recent release of the Carbon Pollution Reduction Scheme Green Paper affirm the Government’s commitment toward carbon emissions reduction and the advancement of the environmental cause. Using a naïve model which maximises the environmental cause at the expense of financial impact on the economy, this paper highlights how the failure of the first phase of the European Union Emissions Trading Scheme can be attributed to the over-relaxation of parameters crucial to the success of the scheme as measured by verified reduction in emissions. The Government’s preferred position as elucidated in the Green Paper …


Association Between Corporate Disclosure And Information Needs Of Company Annual Report Users In Sri Lanka, Anura De Zoysa Jan 2008

Association Between Corporate Disclosure And Information Needs Of Company Annual Report Users In Sri Lanka, Anura De Zoysa

Faculty of Commerce - Papers (Archive)

This paper examines the extent of disclosures in company annual reports of Sri Lankan listedcompanies and the user perceptions on the importance of information disclosed in company annualreports. For this purpose, annul reports of 65 Sri Lankan listed companies were analysed using adisclosure index. Furthermore, a questionnaire survey was conducted covering seven user groups toexamine the importance they attached to various information items disclosed in company annualreports. The results of the study revealed a fairly high level of overall disclosure (69.8%) in Sri Lankancompany annual reports with 90 per cent of the sample companies disclosing 43 per cent ofinformation items …


The Value Of Prerequisites: A Link Between Understanding And Progression, Vicki Baard, Edmund W. Watts Jan 2008

The Value Of Prerequisites: A Link Between Understanding And Progression, Vicki Baard, Edmund W. Watts

Faculty of Commerce - Papers (Archive)

This paper contributes to the debate about the value of discipline-specific prerequisites. The study compared the results of students from 2003 to 2006 completing the subject Principles of Finance and who had completed the subject Business Statistics, to students who had not. This comparison indicated that the students who completed Business Statistics performed significantly better overall than those students who had not. The findings imply that discipline-specific prerequisites provide students with a minimum level of understanding required to undertake advanced subjects, and can improve their chance of success.