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Full-Text Articles in Business
Managerial Coaching: A Practical Way To Apply Leadership Theory?, Julia Milner, Grace Mccarthy
Managerial Coaching: A Practical Way To Apply Leadership Theory?, Julia Milner, Grace Mccarthy
Faculty of Business - Papers (Archive)
Transformational leadership is one of the most researched leadership theories, but sometimes misunderstood by managers who believe that to be a transformational leader requires them to be charismatic and in some way extraordinary. Similarly, some sportspeople and sports coaches may be truly transformational in their achievements and yet not receive the same recognition as their more flamboyant colleagues. In this chapter, several similarities are identified between managerial coaching and transformational leadership. Some differences were also identified. Where there are similarities, it is argued that adopting coaching practices can help managers to put transformational leadership into practice and gain the associated …
Optimal Control: Theory And Application To Science, Engineering, And Social Sciences, Davide La Torre, Herb Kunze, Manuel Ruiz-Galan, Tufail Malik, Simone Marsiglio
Optimal Control: Theory And Application To Science, Engineering, And Social Sciences, Davide La Torre, Herb Kunze, Manuel Ruiz-Galan, Tufail Malik, Simone Marsiglio
Faculty of Business - Papers (Archive)
[extract] An optimal control problem entails the identification of a feasible scheme, policy, program, strategy, or campaign, in order to achieve the optimal possible outcome of a system. More formally, an optimal control problem means endogenously controlling a parameter in a mathematical model to produce an optimal output, using some optimization technique. The problem comprises an objective (or cost) functional, which is a function of the state and control variables, and a set of constraints. The problem seeks to optimize the objective function subject to the constraints construed by the model describing the evolution of the underlying system. The two …
Relation Between Trust Theory And Agency Theory, Shyam S. Bhati
Relation Between Trust Theory And Agency Theory, Shyam S. Bhati
Faculty of Business - Papers (Archive)
The global fmancial crisis (GFC) of 2008 has I:aised many issues in regard to the operations of business, particularly financial institutions. The most important issue is the loss of trust in the way financial institutions work. Some authors have called the economic crisis a crisis of trust (Eichengreen, 2009). Emst and Young (2011) have conducted a global survey of banking industry in the aftermath of GFC. They found that the banking industry in mature markets such as USA, UK, Germany, France and Italy has experienced a shift in customer confidence and trust whereas banking industry in emerging markets such as …
Activity Theory: Who Is Doing What, Why And How, Helen Hasan, Alanah Kazlauskas
Activity Theory: Who Is Doing What, Why And How, Helen Hasan, Alanah Kazlauskas
Faculty of Business - Papers (Archive)
In simple terms, Activity Theory is all about 'who is doing what, why and how'. However, things are rarely that simple. Sometimes referred to as the Cultural-Historical Activity Theory (CHAT), Activity Theory is grounded in the work of the Russian psychologist Vygotsky and his students, in particular, Leontiev, in the 1920s. Activity Theory provides a lens with which to tease out and to better understand human activity.
Actor Network Theory, Karin Garrety
Actor Network Theory, Karin Garrety
Faculty of Business - Papers (Archive)
Actor-Network Theory (ANT) emerged from science and technology studies, though it was inspired by grounded theory and semiotics. In the 1970s, Bruno Latour (a French anthropologist and social scientist) and Steve Woolgar (a British sociologist) undertook ethnographic field work at the Salk Institute in California. This research was inspired by grounded theory and Latour and Woolgar approached their study of work in the endocrinology laboratory as if they were anthropologists observing a hitherto unknown and strange set of practices. In other words, they did not fit their observations into any preconceived notions of scientific method, or how science 'should' be …
Institutional Theory And Human Resource Management, Ali Najeeb
Institutional Theory And Human Resource Management, Ali Najeeb
Faculty of Business - Papers (Archive)
The study of institutions traverses the academic fields of economics, sociology, political science and organisational theory. The common denominator for institutionalism in various disciplines appears to be that of, 'institutions matter' (Kaufman 2011). An underlying assumption in the study of institutions is that organisations are deeply embedded in the wider institutional context (Powell 1988; DiMaggio & Powell 1991). Thus, "organisational practices are either a direct reflection of, or response to, rules and structures built into their larger environment" (Paauwe & Boselie 2003, p. 59).This institutional environment is the source of legitimisation, rewards or incentives for, as well as constraints or …
Action Regulation Theory, Michael Jones
Action Regulation Theory, Michael Jones
Faculty of Business - Papers (Archive)
Action Regulation Theory (ART) is a cognitive theory that draws heavily on work by German and Scandinavian researchers. It brings together Levin's Field Theories and the fundamentals of Activity Theory proposed by Leontiev and Vygotsky. However, where Activity Theory looks at activities, which are comprised of sets of goal oriented actions, ART focuses on specific actions: actions coupled with an inherent feedback cycle. This allows for the concept of an action as a pseudo-iterative process. ART can be seen as a part of Activity Theory, which is concerned with the structure of goals and sub-goals that are guided within a …
Complexity Theory, Helen Hasan
Complexity Theory, Helen Hasan
Faculty of Business - Papers (Archive)
Several years ago a prominent Australian politician, responsible for a new program to 'Network the Nation' used this diagram to try to explain what he envisaged. Popularly referred to as 'The Noodle Nation', the diagram was ridiculed for its apparent complexity. It seems that there are better ways to deal with complex issues!
Attribution Theory: Untangling The Relationship Between Management And Workers, Irit Alony
Attribution Theory: Untangling The Relationship Between Management And Workers, Irit Alony
Faculty of Business - Papers (Archive)
Attribution theory deals with how and why people form an opinion about the reasons for an event or observation (Winkler 2010). This theory is based on the idea that perception is the foundation of human understanding, sensemaking, and behaviour. This theory claims that people develop explanations for the behaviours of others, similarly to how scientists try to understand the world. The theory asserts that people's opinions are formed based on how they perceive the behaviour and the reality surrounding it. This explanation, the attribution, is based on how the observing person perceives a cause for the actor's behaviour.
The Use Of Grounded Theory In Research: Knowledge Sharing In The Australian Film Industry, Michael Jones, Irit Alony
The Use Of Grounded Theory In Research: Knowledge Sharing In The Australian Film Industry, Michael Jones, Irit Alony
Faculty of Business - Papers (Archive)
Selecting the most appropriate research method is one of the most difficult problems facing a researcher. Grounded Theory is presented here as a method of choice as it is. This paper tracks a Grounded Theory research project undertaken to study the phenomena of collaboration and knowledge sharing in the Australian Film Industry. The detailed, rigorous, and systematic approach of the theory Grounded Theory also permits flexibility and freedom rendering Grounded Theory suitable for the investigation of complex multifaceted phenomena. Grounded Theory is also well equipped to explore socially related issues. This cha pter describes the techniques, utility, and ease of …
Applying Principles Of Complexity Theory In Practice, Helen Hasan
Applying Principles Of Complexity Theory In Practice, Helen Hasan
Faculty of Business - Papers (Archive)
Maybe you are one of those people who like to keep things simple and see complexity as something to be avoided wherever possible. However, it is getting harder to deny that the environment in which we all live and work is becoming increasingly uncertain and unpredictable. The way I see things is that, as we undertake meaningful activities, we use information and knowledge to make sense of the situations we find ourselves in and the problems we face. We then make decisions on what to do and find decision-making gets harder as things get more complicated.
Applying Attribution Theory To Is Research As A Practical Method For Assessing Post-Adoption Behaviour, Irit Alony, Helen M. Hasan, Cecile Paris
Applying Attribution Theory To Is Research As A Practical Method For Assessing Post-Adoption Behaviour, Irit Alony, Helen M. Hasan, Cecile Paris
Faculty of Business - Papers (Archive)
Researchers and practitioners alike see great value in understanding the implementation, adoption, and use of technology, and acknowledge the need to better understand post-adoption behaviour. Among theories that explain and predict human behaviour, attribution theory is recognised for its extensive investigation of behaviour's antecedents and consequences. This paper provides an overview of the theory, suggests a practical method for using it in IS contexts, and shows evidence that this method provides meaningful results. In order to address the complexities encountered in field-work, this paper argues that system-usage can be treated as an interpersonal relationship between the user and the system. …
A Discussion Of The Suitability Of Only One Vs More Than One Theory For Depicting Corporate Governance, Abdullah Al Mamun, Qaiser Rafique Yasser, Md. Ashikur Rahman
A Discussion Of The Suitability Of Only One Vs More Than One Theory For Depicting Corporate Governance, Abdullah Al Mamun, Qaiser Rafique Yasser, Md. Ashikur Rahman
Faculty of Business - Papers (Archive)
Agency theory predicts that the Chief Executive Officer (CEO) and the chairman positions should be held by different individuals in order to protect shareholder's interest. Though there are mixed evidences on CEO duality and firm performance, most research have found that there is negative relationship between CEO duality and firm performance. Although, in the last decades of the twentieth century, agency theory became the dominant force in the theoretical understanding of corporate governance, it does not however cover all aspects of corporate governance. This paper aims to explore whether it is better to combine various theories in order to describe …
Scientific Progress In Measurement Theory?, John R. Rossiter
Scientific Progress In Measurement Theory?, John R. Rossiter
Faculty of Business - Papers (Archive)
This article is a response to the March, 2013, special issue of the AMS Review, which was purportedly about "scientific progress in marketing" but in fact was about measurement in marketing. Even narrower than that, the special issue was about "formative measurement" in marketing. The present article contends that the problems raised by the special issue's authors were solved earlier by Rossiter's C-OAR-SE measurement theory. Four key references on C-OAR-SE theory (Rossiter in Int J Res Mark 19(4):305-335, 2002; Bergkvist and Rossiter in J Mark Res 44(2):175-184, 2007; Rossiter's 2011a book; Rossiter in Eur J Market 45(11/12):1589-1600, 2011b) are revisited …
A Comparison Of Supply Integration And End-To-End Communication Theory And Practice - An Australian Perspective, Fadi Kotob, Lee Styger
A Comparison Of Supply Integration And End-To-End Communication Theory And Practice - An Australian Perspective, Fadi Kotob, Lee Styger
Faculty of Business - Papers (Archive)
The concept of supply chain integration and end-to-end communication are well established in supply chain theory. Typically, because of the depth of publications, an axiom has developed that all supply networks are fully integrated and have end-to-end communication protocols. Recent research into Australian supply networks has highlighted a somewhat different scenario, where many networks are fragmented and lack the connectivity that would be expected. This paper offers a comparison of theoretical supply chain management and the actual practices found in Australian businesses. As a result of this grass root research, a scenario is offered that suggest there is a significant …
An Investigation Of Theory And Its Application In Investment Management Education-Case Of Pakistan, Naveed Iqbal, Searat Ali, Kashif Ur Rehman, Mehmood Shah, Zeeshan Akbar
An Investigation Of Theory And Its Application In Investment Management Education-Case Of Pakistan, Naveed Iqbal, Searat Ali, Kashif Ur Rehman, Mehmood Shah, Zeeshan Akbar
Faculty of Business - Papers (Archive)
Deviation of theory from practice is the burning question of the present age. As, numerous efforts have been commenced in multi programs to inspect this prevailing disparity between knowledge and practice at different venues. This study also aims to investigate the theory practice variation in the context of investment management education on the territory of Pakistan-what is taught by the investment academics in the universities to what is used by the investment professionals in the market. The data was collected from the sample of 30 investment academics and 23 investment professionals by using convenience non probability sampling technique. The sample …