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2006

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Articles 1 - 29 of 29

Full-Text Articles in Business

Promoting Investments In Intangible Organizational Assets Through Aligned Incentive Compensation Plans, Susan Hughes, Craig Caldwell, Kathy Paulson Gjerde Apr 2010

Promoting Investments In Intangible Organizational Assets Through Aligned Incentive Compensation Plans, Susan Hughes, Craig Caldwell, Kathy Paulson Gjerde

Craig B. Caldwell

Strategic business unit managers are often evaluated based upon return on investment targets--targets that reward lower expenses and lower investments. This focus, however, may be at odds with the strategic objectives of the larger organization that require investment in organizational assets, generally large-scale intangible assets that form the basis for achieving the organization's strategic goals. Investments in these intangible assets have the potential to reduce profits in the short term but enhance profits in the long term. To encourage investment in organizational assets, organizations must align their compensation schemes with their long-term objectives. We examine the experiences of the Steak …


Turkiye’De Bankalarin Hizmet Karneleri (Service Report Card Of The Banks In Turkey – In Turkish), Musa Pinar, Zeliha Eser Nov 2006

Turkiye’De Bankalarin Hizmet Karneleri (Service Report Card Of The Banks In Turkey – In Turkish), Musa Pinar, Zeliha Eser

Musa Pinar

No abstract provided.


Why I Quit The Railroad, Linda Niemann Sep 2006

Why I Quit The Railroad, Linda Niemann

Linda G. Niemann

The article presents the author's reasons for leaving her job in the railroad industry. She wasn't thrilled to be force-assigned to the foreman's spot on Union Pacific's Lawrence switcher. Being the junior switchman on the California coast for years, she was used to jobs that weren't so plum. What made it tough were a difficult yardmaster and her help, a switchman who outranked her but didn't want the responsibility of the foreman's spot.


The Lord Of The Night, Linda Niemann Aug 2006

The Lord Of The Night, Linda Niemann

Linda G. Niemann

The article presents the author's reflection on the management of Southern Pacific after it was acquired by Union Pacific (UP). The year preceding the UP merger, 1995, everyone tried to earn the maximum they could in preparation for whatever union-negotiated guarantee would come down the pike. Downsizing hit this system hard. The union contract did away with the system seniority that provided trainmen the freedom to work anywhere on the railroad.


Inflation Monitor, Muhammad Arby, Fida Hussain, Safdar Khan May 2006

Inflation Monitor, Muhammad Arby, Fida Hussain, Safdar Khan

Safdar Khan

Extract:
Although inflationary pressures persisted in the economy for the second year in a row, the headline inflation fell to 7.6 percent year-on-year in June 2006 that was 1 percentage point less than inflation in corresponding month last year.1 The inflation containment was more visible in the last six months of FY06 as compared to first six months (Jul 05 to Dec 05): the average CPI inflation during the first half of the year was 8.4 percent which declined to 7.4 percent in the second half primarily due to fall in food inflation. Inflation measured by sensitive price indicator also …


Phenotypic And Genetic Relationships Between Vocational Interests And Personality, Julie Harris, Philip Vernon, Andrew Johnson, Kerry Jang May 2006

Phenotypic And Genetic Relationships Between Vocational Interests And Personality, Julie Harris, Philip Vernon, Andrew Johnson, Kerry Jang

Andrew M. Johnson

Relationships between personality and vocational interest factors were examined at the phenotypic and genetic levels. Twins and siblings (N = 516) completed self-report personality and vocational interest scales. Following factor analyses of each scale, five personality and six vocational interest factors were extracted. At the phenotypic level, correlations between personality and vocational interests ranged from zero to .33. Heritability estimates of the scales showed that genetic components accounted for 0–56% of the variance for the vocational interest factors and 44–65% for the personality factors. Genetic correlations between the two areas ranged from zero to .50. The results suggest that personality …


O*Net Tools And Technology: A Synopsis Of Data Development Procedures, Erich Dierdorff, Donald Drewes, Jennifer Norton Feb 2006

O*Net Tools And Technology: A Synopsis Of Data Development Procedures, Erich Dierdorff, Donald Drewes, Jennifer Norton

Erich C. Dierdorff

Learn about the "tools and technology" (T2) now included in O*NET Online and as supplemental files in the O*NET database. T2 development focuses on collecting machines, equipment, tools, information technology, and software that are important to occupational performance. Emphasis is placed on cutting-edge technologies and emerging workplace practices. T2 data will be valuable for O*NET applications such as workforce development, employee training, and vocational and career guidance.


Evaluating The Long-Run Impacts Of The 9/11 Terrorist Attacks On U.S. Airline Travel, Scott Blunk, David Clark, James Mcgibany Feb 2006

Evaluating The Long-Run Impacts Of The 9/11 Terrorist Attacks On U.S. Airline Travel, Scott Blunk, David Clark, James Mcgibany

David E. Clark

Although the US airline industry began 2001 with 24 consecutive profitable quarters, including net profits in 2000 totaling $7.9 billion, the impact of the 9/11 event on the industry was substantial. Whereas the recession that began in early 2001 signaled the end of profitability, the 9/11 terrorist attacks pushed the industry into financial crisis after air travel dropped 20% over the September-December 2001 period compared to the same period in 2000. Given the decline in domestic air travel, an important question is whether the detrimental impact of the attacks was temporary or permanent. That is, did airline travel return to …


Sfas 154: Accounting Changes And Error Corrections., Robert Bloom, Jayne Fuglister Feb 2006

Sfas 154: Accounting Changes And Error Corrections., Robert Bloom, Jayne Fuglister

Robert Bloom

The article discusses provisions under the Statement of Financial Accounting Standards 154 (SFAS 154), Accounting Changes and Error Corrections. SFAS 154 calls for retrospective application for voluntary changes in accounting principle. It uses the term restatement to refer to revision of previously issued financial statements to correct an error. In a significant change from existing practice, SFAS 154 requires that changes in depreciation, amortization, or depletion methods will now be viewed as changes in estimate that are effected by a change in accounting principle.


Housing Organisations In Australia And The Netherlands: A Comparative Analysis, Connie Susilawati, Lynne Armitage Jan 2006

Housing Organisations In Australia And The Netherlands: A Comparative Analysis, Connie Susilawati, Lynne Armitage

Lynne Armitage

Dutch housing associations are private organisations with a public responsibility which are managed effectively to fulfil the social objectives of providing affordable rental housing. In the Australian system, community housing organisations are categorised as not-for-profit organisations and are mostly characterised by small organisations with very limited resources. This study aims to identify the strengths and weaknesses of the Australian and the Dutch housing association models. A series of interviews with representatives of community housing organisations in Brisbane, Australia, will be compared with the results of similar interviews with representatives of social housing associations in the Netherlands. In addition to differences …


Reflexivity And Tourism Research: Telling An(Other) Story, William Feighery Dec 2005

Reflexivity And Tourism Research: Telling An(Other) Story, William Feighery

William Feighery

No abstract provided.


Dynamics Of Energy Consumption, Safdar Khan Dec 2005

Dynamics Of Energy Consumption, Safdar Khan

Safdar Khan

Extract:
Dynamics of Energy Consumption Pakistan has been facing severe imbalances in energy demand and supply for the last couple of decades. During early 1980s domestic supply of energy was fulfilling almost 86 percent of total domestic energy demand; a gap of 14 percent was being filled by imports. However, the demand – supply gap started increasing since then and reached to almost 47 percent by the year 2000 (see Figure S2.1).


Management Of A Diverse Workforce: Meanings And Practices, Grace Lemmon Dec 2005

Management Of A Diverse Workforce: Meanings And Practices, Grace Lemmon

Grace Lemmon

No abstract provided.


Reading Tourism Texts In Context: A Critical Discourse Analysis, William Feighery Dec 2005

Reading Tourism Texts In Context: A Critical Discourse Analysis, William Feighery

William Feighery

This article discusses the method of Critical Discourse Analysis (CDA) employed in a study focusing on the textual representation of ethnocultural diversity by official tourism organizations (OTOs) in England. The underlying principles of CDA are outlined, as well as the specific approach adopted in the study. The study employed a three-dimensional approach to CDA, which included an analysis of written and spoken language as text, as discourse practice, and as social practice. By way of an example, a critical reading of a promotional text is provided that focuses on the dimension of discourse practice. This critical reading outlines some of …


When Are The Japanese Japanese?” Negotiating Japanese Cultural Identity In A Japan-Us Binational Organization, Noriko Yagi Dec 2005

When Are The Japanese Japanese?” Negotiating Japanese Cultural Identity In A Japan-Us Binational Organization, Noriko Yagi

Noriko Yagi

Note: Link is to the article on the publisher’s web site, which is available in full text for a fee.


Uncertainty, Insurance, And The Learned Hand Formula, Peter Grossman, Reed Cearley, Daniel Cole Dec 2005

Uncertainty, Insurance, And The Learned Hand Formula, Peter Grossman, Reed Cearley, Daniel Cole

Peter Z. Grossman

Note: Final definitive version is available at Oxford Journals. http://www.oxfordjournals.org Law and economics scholars have written extensively about how insurance markets affect the tort system. They have noted the beneficial cost-spreading function of insurance, as well as the detrimental incentive-distorting affects of insurance, stemming from problems of adverse selection and moral hazard. Surprisingly, however, scholars have over-looked one of the most important salutary functions that insurance serves for the tort system: it provides much of the information courts need to apply the Marginal Learned Hand Formula. This paper explains precisely how insurance markets collect and disseminate information about the expected …


The Ethics Of Computing In Pharmaceutical Research, Richard Mcgowan Dec 2005

The Ethics Of Computing In Pharmaceutical Research, Richard Mcgowan

Richard McGowan

Note: full-text not available due to publisher restrictions. Link takes you to an external site where you can purchase the book or borrow it from a local library.


Ipo Long-Run Returns: A New Approach, Steven Dolvin, Mark Pyles Dec 2005

Ipo Long-Run Returns: A New Approach, Steven Dolvin, Mark Pyles

Steven D. Dolvin

The long-run underperformance of initial public offerings (IPOs) is heavily documented; however, researchers have been unable to consistently determine which IPO characteristics affect the level of underperformance. Our main contribution is to examine this relation using a unique, alternative approach that concentrates on pairs of IPOs issued on the same day, thereby avoiding many of the biases (e.g., overlapping time periods) embedded in previous studies. Over the period 1986 to 2000 we find that issues with lower initial returns, higher quality underwriters, and/or high technology status tend to have higher long-run returns. Note: Link is to the article on the …


Venture Capitalist Quality And Ipo Certification, Steven Dolvin, Mark Pyles Dec 2005

Venture Capitalist Quality And Ipo Certification, Steven Dolvin, Mark Pyles

Steven D. Dolvin

The opportunity cost of going public is directly related to the level of information asymmetry associated with the issuing firm. Independent third parties, such as underwriters and venture capitalists, are believed to mitigate this asymmetry through certification, thereby reducing this cost. Existing studies illustrate that higher quality underwriters provide increased certification value; however, current research is essentially mute with regard to the effect of venture capitalist quality. We fill this gap, finding that higher quality venture capitalists also provide incremental certification value relative to those of lower quality. Additionally, we suggest that the most appropriate measure of venture capitalist quality …


Penny Stock Ipos, Steven Dolvin, Daniel Bradley, John Cooney, Jr., Bradford Jordan Dec 2005

Penny Stock Ipos, Steven Dolvin, Daniel Bradley, John Cooney, Jr., Bradford Jordan

Steven D. Dolvin

We examine underpricing, long-run returns, lockup periods, and gross spreads for penny stock IPOs over the 1990-1998 period. We find that penny stock IPOs have higher initial returns than ordinary IPOs, but significantly worse long-run underperformance. We also find that penny stock IPOs have longer lockup periods and larger gross spreads. To explore the effect of potential market manipulation, we examine IPOs led by a group of underwriters that were the subject of SEC enforcement actions and/or other penalties. Penny stock issues led by these banks are particularly underpriced and underperform ordinary IPOs led by other underwriters. Note: Link is …


End-User Training: What We Know, What We Need To Know?, Saurabh Gupta, Robert Bostrom Dec 2005

End-User Training: What We Know, What We Need To Know?, Saurabh Gupta, Robert Bostrom

Saurabh Gupta

End-User Training (EUT) has enjoyed a rich tradition of research in Information Systems. However, with the growing pace of change in technology and the dynamic nature of business, organizations are spending an increasing amount of money on end-user training. Training methods are also changing with little research to support new approaches. Thus, extensive research is required in the future. To be credible, end-user training research should preserve and build upon the significant literature that exists, both in IS and Education. This paper provides a review of EUT literature focusing on training methods. It summarizes the findings, while pointing out key …


Dynamics Of Trust In Guanxi Networks, R.Y.J. Chua, M.W. Morris Dec 2005

Dynamics Of Trust In Guanxi Networks, R.Y.J. Chua, M.W. Morris

Roy Chua

No abstract provided.


Incomplete Compensation And Migration Behavior: Has Anything Changed Between 1990 And 2000?, David Clark, William Herrin, Thomas Knapp, Nancy White Dec 2005

Incomplete Compensation And Migration Behavior: Has Anything Changed Between 1990 And 2000?, David Clark, William Herrin, Thomas Knapp, Nancy White

David E. Clark

Spatial equilibrium models rely on migration to arbitrage away differences in utility across locations net of moving costs, where remaining differences in wages and rents reflect the compensating differentials related to site-specific amenities. Recent refinements to the spatial equilibrium model focus upon the prospect of disequilibrium in amenity markets. Amenity market disequilibrium implies over- or under-compensation (incomplete compensation) across some locations, which suggests a role for these factors in subsequent migration. This paper follows the theoretical and empirical approach of Clark, Herrin, Knapp, and White (2003). An intercity wage regression is estimated where fixed effects capture the impact of site …


Using Peer-To-Peer Technology For Collaborative Knowledge Management: Applications And Research Issues, Saurabh Gupta, Robert Bostrom Dec 2005

Using Peer-To-Peer Technology For Collaborative Knowledge Management: Applications And Research Issues, Saurabh Gupta, Robert Bostrom

Saurabh Gupta

As organizations struggle with how to develop and use their inherent expertise, the importance of knowledge management and collaboration has grown in both academic and practitioner communities. This paper outlines a new concept of collaborative knowledge management (CKM), which bridges the two fields. Drawing from literature, we present a conceptual framework for understanding the concepts underlying CKM. Next, this paper explores how a new technology, peer-to-peer (P2P), fits in the CKM paradigm. A discussion on P2P tools and a comparison of these tools with client server tools for enabling the CKM process is presented. P2P has great appeal for CKM …


Ast As A Meta-Theory: Discussion, Extensions And Guidelines, Robert Bostrom, Saurabh Gupta, Dominic Thomas Dec 2005

Ast As A Meta-Theory: Discussion, Extensions And Guidelines, Robert Bostrom, Saurabh Gupta, Dominic Thomas

Saurabh Gupta

No abstract provided.


Gender, Risk And Pay, Jennifer Keil, K. Chauvin Dec 2005

Gender, Risk And Pay, Jennifer Keil, K. Chauvin

Jennifer Keil

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Deterioration And Women’S Labor Force Participation, Jennifer Keil, K. Moe Dec 2005

Deterioration And Women’S Labor Force Participation, Jennifer Keil, K. Moe

Jennifer Keil

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Promoting Investments In Intangible Organizational Assets Through Aligned Incentive Compensation Plans, Susan Hughes, Craig Caldwell, Kathy Paulson Gjerde Dec 2005

Promoting Investments In Intangible Organizational Assets Through Aligned Incentive Compensation Plans, Susan Hughes, Craig Caldwell, Kathy Paulson Gjerde

Kathy A. Paulson Gjerde

Strategic business unit managers are often evaluated based upon return on investment targets--targets that reward lower expenses and lower investments. This focus, however, may be at odds with the strategic objectives of the larger organization that require investment in organizational assets, generally large-scale intangible assets that form the basis for achieving the organization's strategic goals. Investments in these intangible assets have the potential to reduce profits in the short term but enhance profits in the long term. To encourage investment in organizational assets, organizations must align their compensation schemes with their long-term objectives. We examine the experiences of the Steak …


Do Underwriters Create Value For Issuers By Subjectively Determining Offer Prices?, Steven Dolvin Dec 2005

Do Underwriters Create Value For Issuers By Subjectively Determining Offer Prices?, Steven Dolvin

Steven D. Dolvin

Many existing theories attempt to explain initial public offering (IPO) underpricing by suggesting that underwriters purposefully set offer prices below market value. These theories implicitly assume that underwriters have perfect foresight and can, with complete accuracy, place a value on issuing firms. This chapter evaluates this assumption by comparing offer prices set by underwriters to prices from three objective, valuation-based approaches. Relative to these estimates, the offer prices chosen by underwriters result in lower levels of underpricing, suggesting that the prices underwriters select are actually value creating for issuing firms in that they reduce the opportunity cost of issuance. Within …