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Full-Text Articles in Business

Strategic Human Resource Practices, Top Management Team Social Networks, And Firm Performance: The Role Of Human Resource Practices In Creating Organizational Competitive Advantage, Christopher J. Collins, Kevin D. Clark Nov 2003

Strategic Human Resource Practices, Top Management Team Social Networks, And Firm Performance: The Role Of Human Resource Practices In Creating Organizational Competitive Advantage, Christopher J. Collins, Kevin D. Clark

Christopher J Collins

In this article, we begin to explore the black box between human resources (HR) practices and firm performance. Specifically, we examine the relationships between a set of network-building HR practices, aspects of the external and internal social networks of top management teams, and firm performance. Results from a field study with 73 high-technology firms showed that the relationships between the HR practices and firm performance (sales growth and stock growth) were mediated through their top managers’ social networks.


Mas 2010: Models For Academic Support: Final Report To The Mellon Foundation, Oya Rieger, Karen S. Calhoun, Susan Currie, Edward Weissman Oct 2003

Mas 2010: Models For Academic Support: Final Report To The Mellon Foundation, Oya Rieger, Karen S. Calhoun, Susan Currie, Edward Weissman

Karen S Calhoun

Assisted by a Mellon planning grant and led by principal investigator Sarah Thomas, a Cornell University project team investigated the potential of significant structural reorganization that would increase the value of the Library’s services to the University. The study revealed that the proposed benefits of restructuring are better support for scholarly creativity and communication; use of library space that privileges library users; more cost-effective allocation of resources; and the development of a new infrastructure to permit new relationships between libraries to flourish, enabling improved services at lower cost. To provide information from all the relevant stakeholders who would be affected …


The Relativity Of Risk Assessments In Investment Decisions, Michael Sack Elmaleh Sep 2003

The Relativity Of Risk Assessments In Investment Decisions, Michael Sack Elmaleh

Michael Sack Elmaleh

The level of risk in investing in a closely held firm is related to the qualifications of the control managing investor. While there is generally a minimum threshold of expertise and capital that a control investor must possess, beyond this threshold the potential levels of expertise and capital can vary significantly. The level of enterprise risk is inversely related to the level of expertise and capital possessed by the control investor. The more resources and expertise the investor possesses, the less the operational risk. Thus enterprise risk is a relative and not an inherent fixed property of an enterprise. Furthermore, …


The Income Method Of Valuation: A False Analogy Between Bonds And Stocks, Michael Sack Elmaleh Jul 2003

The Income Method Of Valuation: A False Analogy Between Bonds And Stocks, Michael Sack Elmaleh

Michael Sack Elmaleh

The discounting of future income streams by a risk adjusted rate of return by proponents of the income method reflects a misplaced faith in the ability to project accurately future income streams and pick out the “right” rate of return. Future income streams are fairly reliably predictable when analyzing a debt instrument. However, equity investment future income streams are notoriously unpredictable. Similarly assessing the risk associated with realizing returns from a fixed security is comparatively easy in comparison with assessing the risks associated with equity returns. The widely used Beta has not proved to be a very stable measure of …


A Content Analysis Of Telework Theory And Literature, Susan R. Madsen Jun 2003

A Content Analysis Of Telework Theory And Literature, Susan R. Madsen

Susan R. Madsen

The purpose of this review is to explore the literature related to telework and its benefits, challenges, and implications for individuals, work groups, and organizations. It investigates the possible implications of telework to human resource theory and practice. It lists a number of theories/models and discusses concerns about the lack of researched theoretical frameworks. Finally, after the benefits and challenges are reviewed, human resource recommendations and contributions are presented.


Do Investors Demand Higher Rates Of Return On Risky Investments In Closely Held Small Businesses?, Michael Sack Elmaleh May 2003

Do Investors Demand Higher Rates Of Return On Risky Investments In Closely Held Small Businesses?, Michael Sack Elmaleh

Michael Sack Elmaleh

Investors in small closely held firms often are oblivious to risk if the rewards are perceived to be sufficiently high. Risk may also be ignored because such investors seek more than just increased cash flow. These investors often seek higher order psychological returns such as job challenge and status.


Transformative Learning In Extension Staff Partnerships: Facilitating Personal, Joint, And Organizational Change, Nancy K. Franz Apr 2003

Transformative Learning In Extension Staff Partnerships: Facilitating Personal, Joint, And Organizational Change, Nancy K. Franz

Nancy K. Franz

Partnerships can enhance individual and organizational success through more effective problem solving and improved adaptation to change. Learning is often required for successful collaboration that may transform the partners. This article discusses a study that explored learning in Extension staff partnerships that transform the individual, the partnership, and the organization. Three types of learning and eight types of transformative learning are identified. Conditions that promoted transformative learning in successful partnerships included strong partner facilitation, critical reflection, critical events, partner difference bridged by common purpose, and independence with interdependence. Recommendations for nurturing transforming Extension staff partnerships are shared.


The Role Of Valuation Specialists: Telling It Like It Is Or Telling It Like It Ought To Be, Michael Sack Elmaleh Mar 2003

The Role Of Valuation Specialists: Telling It Like It Is Or Telling It Like It Ought To Be, Michael Sack Elmaleh

Michael Sack Elmaleh

While the buying and selling of businesses based on formulas may not be the soundest method of pricing a business the more rigorous methods do not always provide the best guidance either. Ideally prospective buyers should have knowledge of both formula methods and the more rigorous approaches.


Job Esteem: Definition And Instrument Development, Douglas G. Miller, Susan R. Madsen Feb 2003

Job Esteem: Definition And Instrument Development, Douglas G. Miller, Susan R. Madsen

Susan R. Madsen

The purpose of this study was to introduce a new construct that would assist in understanding employee attitudes and behaviors in hospitality sector jobs. The research introduces job-esteem and justifies it as a unique construct worthy of further study. Job-esteem is defined as the level of respect and dignity an individual believes is associated with his/her job. An instrument is developed to assist in measuring the level of job-esteem found in hospitality employees. The instrument is then administered to 75 employees of a large hotel chain in Hawaii. Tests show the instrument meets reliability standards.


Review Of 'If Nobody Speaks Of Remarkable Things' (2002) By Jon Mcgregor, Vaughan S. Roberts Jan 2003

Review Of 'If Nobody Speaks Of Remarkable Things' (2002) By Jon Mcgregor, Vaughan S. Roberts

Vaughan S Roberts

No abstract provided.


Entrepreneurial Activity In Chile - Gem Report 2003, Alfredo Enrione, Alvaro Pezoa, Gerardo Martí, Nicolás Besa, Alfredo Enrione Jan 2003

Entrepreneurial Activity In Chile - Gem Report 2003, Alfredo Enrione, Alvaro Pezoa, Gerardo Martí, Nicolás Besa, Alfredo Enrione

Alfredo Enrione

No abstract provided.


Social Skill As Moderator Of The Conscientiousness-Performance Relationship: Convergent Results Across Four Studies Jan 2003

Social Skill As Moderator Of The Conscientiousness-Performance Relationship: Convergent Results Across Four Studies

L. A. Witt

No abstract provided.


The Impact Of Leader-Member Exchange On Communication Type, Frequency, And Performance Ratings Jan 2003

The Impact Of Leader-Member Exchange On Communication Type, Frequency, And Performance Ratings

L. A. Witt

No abstract provided.


Ict Enhanced Communities Of Practice: Respecting And Maintaning The Duality Between Organisations And Practices, Dirk Postma Jan 2003

Ict Enhanced Communities Of Practice: Respecting And Maintaning The Duality Between Organisations And Practices, Dirk Postma

Dirk Postma

Communities of practice (CoPs) are increasingly recognised as an important mechanism through which goods are created. Current conceptualisations of CoPs don’t, however, acknowledge adequately the inherent tensions between practices and the organisations within which they function. This failure leads to an inadequate understanding of ways in which organisations should interact with relevant CoPs. It is assumed in these conceptualisations that CoPs can be managed, like any other asset, in the process of creating benefit for the organisation. This paper draws on MacIntyre’s understanding of practices and institutions and on Lave & Wenger’s notion of CoPs. The paper argues that the …


The Benefits, Challenges, And Implications Of Teleworking: A Literature Review, Susan R. Madsen Jan 2003

The Benefits, Challenges, And Implications Of Teleworking: A Literature Review, Susan R. Madsen

Susan R. Madsen

Flexible work arrangements are becoming more important to entrepreneurs today. However, effective new business owners are taking more time to consider the pros and cons of these arrangements. The purpose of this review is to explore the literature related to telework and its benefits, challenges, and implications for individuals, work groups, and organizations. It investigates the possible implications of telework to management theory and practice. It lists a number of theories/models and discusses concerns about the lack of researched theoretical frameworks. Finally, after the benefits and challenges are reviewed, recommendations and contributions are presented.


An Evaluation Of The Transtheoretical Model Of Individual Change And Its Implications For Human Resource Development, Susan R. Madsen Jan 2003

An Evaluation Of The Transtheoretical Model Of Individual Change And Its Implications For Human Resource Development, Susan R. Madsen

Susan R. Madsen

Change is the basis for improving and expanding individual, group, and organizational effectiveness, performance, and learning. However, HRD has utilized and developed few empirically validated individual change models or theories. Because HRD is a multidisciplinary in nature, it is important for researchers and practitioners to consider what models or theories others have to offer. One influential model from the health and medical field that has promising utility in HRD is the Transtheoretical Model (TTM) of individual change. The purpose of this article is to introduce this model and explore its application to HRD. This article uses Dubin’s criteria for theory-building …


Work And Family Conflict: A Review Of The Theory And Literature, Susan R. Madsen Jan 2003

Work And Family Conflict: A Review Of The Theory And Literature, Susan R. Madsen

Susan R. Madsen

Work and family issues and challenges have substantially changed during the past few decades. One specific concern is related to the continuous rise in reported work-family conflict. The purpose of this review is to explore the literature related to work and family conflict and its possible implications to human resource management theory and practice. It defines work-family conflict and discusses its relevance to human resource practitioners and researchers. It presents four existing theoretical frameworks and reviews the literature related to antecedents/determinants and possible outcomes of work-family conflict. Finally, it provides recommendations and contributions to management and human resource professionals.


Viewing Corporate Wellness Programs As Systems, Susan R. Madsen Jan 2003

Viewing Corporate Wellness Programs As Systems, Susan R. Madsen

Susan R. Madsen

Although interest in corporate wellness continues to increase in workplaces in various countries, many businesses still consider employee wellness as unrelated to the organization and its functions. Some continue to view wellness as having little or no financial impact on an organization and, therefore, not part of the overall organizational system. This paper argues that wellness programming should be analyzed as both a freestanding system and also a subsystem of the overall business. By viewing it through the general systems theoretical lens, the wellness system can find its place and be ultimately seen as integral within the overall organizational system.


Ready To Change? Social Networks And Sustainable Organizations, Scott C. Hammond, Susan R. Madsen Jan 2003

Ready To Change? Social Networks And Sustainable Organizations, Scott C. Hammond, Susan R. Madsen

Susan R. Madsen

Sustained work life is a property of an organization and not a single individual or profession. Traditional organizational theory has focused change models for individuals or organizations, not on the organizational continuum. Change is a property of the organizational continuum. Our project is to redefining change theory for the organizational continuum and direct theory towards a more sustainable view of change.


Reliability And The Actfl Oral Proficiency Interview: Reporting Indices Of Interrater Consistency And Agreement For 19 Languages, Eric Surface, Erich Dierdorff Dec 2002

Reliability And The Actfl Oral Proficiency Interview: Reporting Indices Of Interrater Consistency And Agreement For 19 Languages, Eric Surface, Erich Dierdorff

Erich C. Dierdorff

The reliability of the ACTFL Oral Proficiency Interview (OPI) has not been reported since ACTFL revised its speaking proficiency guidelines in 1999. Reliability data for assessments should be reported periodically to provide users with enough information to evaluate the psychometric characteristics of the assessment. This study provided the most comprehensive analysis of ACTFL OPI reliability to date, reporting interrater consistency and agreement data for 19 different languages. Overall, the interrater reliability of the ACTFL OPI was found to be very high. These results demonstrate the importance of using an OPI assessment program that has a well-designed interview process, a well-articulated …


Stakeholder Theory And Organizational Ethics, Robert Phillips Dec 2002

Stakeholder Theory And Organizational Ethics, Robert Phillips

Robert Phillips

No abstract provided.


A Meta-Analysis Of Job Analysis Reliability, Erich Dierdorff, Mark Wilson Dec 2002

A Meta-Analysis Of Job Analysis Reliability, Erich Dierdorff, Mark Wilson

Erich C. Dierdorff

Average levels of interrater and intrarater reliability for job analysis data were investigated using meta-analysis. Forty-six studies and 299 estimates of reliability were cumulated. Data were categorized by specificity (generalized work activity or task data), source (incumbents, analysts, or technical experts), and descriptive scale (frequency, importance, difficulty, time-spent, and the Position Analysis Questionnaire). Task data initially produced higher estimates of interrater reliability than generalized work activity data and lower estimates of intrarater reliability. When estimates were corrected for scale length and number of raters by using the Spearman-Brown formula, task data had higher interrater and intrarater reliabilities. Incumbents displayed the …


Stakeholder Legitimacy, Robert Phillips Dec 2002

Stakeholder Legitimacy, Robert Phillips

Robert Phillips

This paper is a preliminary attempt to better understand the concept of legitimacy in stakeholder theory. The normative component of stakeholder theory plays a central role in the concept of legitimacy, therefore, though the elaboration of legitimacy contained herein applies generally to all “normative cores” this paper relies on Phillips’s principle of stakeholder fairness and therefore begins with a brief description of this work. This is followed by a discussion of the importance of legitimacy to stakeholder theory as well as the general ambiguity of the term. A distinction is then drawn between normative and derivative legitimacy. Reference to this …