Publications

Hunt, BF & Terry, C 1997, Financial institutions and markets, 2nd, Nelson ITP, Melbourne, Australia.

Griffin, T & Darcy, SA 1997, 'Australia: Consequences of the newly adopted pro-Asia orientation' in Frank, G & Jenkins, C (eds), Tourism and Economic Development in Asia and Australasia, Cassell Publishers, Hong Kong, pp. 67-90.
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A book that brings together tourism and economic development literature for Asia and Australasia

Wieder, B 1997, 'Die Kosten- und Erlösträgerrechnung Konzept des Marketing-Accounting - unter besonderer Berücksichtigung des Dienstleistungbereiches' in SEICHT Gerhard (ed), Jahrbuch für Controlling und Rechnungswensen '97, Orac, Vienna, Austria, pp. 489-537.
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Costing and Revenue Allocation in Marketing-Accounting - With an Emphasis on Services

Awati, KM 1997, 'Answer to Question #44. Bernoulli’s principle', American Journal of Physics, vol. 65, no. 4, pp. 271-271.
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Awati, KM 1997, 'Wanted—A qualitative course', American Journal of Physics, vol. 65, no. 3, pp. 173-174.
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Blair, A, Debenham, J & Edwards, J 1997, 'A comparative study of methodologies for designing IDSSs', European Journal of Operational Research, vol. 103, no. 2, pp. 277-295.
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In this paper, we describe a comprehensive study conducted to understand the methodologies which are being used to design Intelligent Decision Support Systems (IDSSs) and to identify the key methodological problems and benefits with using these methodolo

Clegg, S 1997, 'Chasing the Dragons: Confucianism, Culture and Capital', Asia Pacific Business Review, vol. 3, no. 4, pp. 223-227.
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Clegg, S, Jacoby, SM, Littek, W & Charles, T 1997, 'The Workers of Nations: Industrial Relations in a Global Economy.', Contemporary Sociology, vol. 26, no. 2, pp. 188-188.
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Clegg, SR 1997, 'Book Reviews : Dian-Marie Hosking, H. Peter Dachler, and Kenneth J. Gergen (eds.): Management and Organization: Relational Alternatives to Individualism', Organization Studies, vol. 18, no. 2, pp. 339-340.
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Craswell, A, Taylor, SL & Saywell, R 1997, 'Insider ownership and corporate value: Australian evidence', Pacific-Basin Finance Journal, vol. 5, pp. 301-323.

Craswell, AT, Taylor, SL & Saywell, RA 1997, 'Ownership structure and corporate performance: Australian evidence', Pacific-Basin Finance Journal, vol. 5, no. 3, pp. 301-323.
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The published analytical and empirical evidence on the impact of ownership structure on corporate performance is conflicting. In this paper, the relationship between the distribution of equity ownership and corporate performance is investigated for 349 publicly traded Australian firms in 1986 and 1989. The results weakly support a curvilinear relationship between insider ownership and corporate performance, although the relationship is both temporally unstable and inconsistent across different firm-size groups. The evidence does not support institutional ownership as an important determinant of Australian corporate performance. Potential explanations for these results include the low explanatory power of relatively general models of optimal managerial and institutional ownership, the temporal instability of any optimal equity ownership structure and the probable endogeneity of ownership structure. © 1997 Elsevier Science B.V.

Crawford, R 1997, ''Knowledge'', LANDFALL, no. 194, pp. 263-264.

Dwyer, L & Forsyth, P 1997, 'Impacts and Benefits of MICE Tourism: A Framework for Analysis', Tourism Economics, vol. 3, no. 1, pp. 21-38.
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The Meetings, Incentives, Conventions and Exhibitions (MICE) sector of tourism is rapidly expanding worldwide. This paper discusses some neglected issues relating to the assessment of the narrower economic impacts, the economy-wide impacts and the net benefits of an expanding MICE sector within a tourism destination. The paper does not attempt to provide estimates of impacts or net national benefits as such, bur attempts to enhance our understanding of issues important to the subsequent task of assessment and thus to more informed policy making in this area.

Dwyer, L & Forsyth, P 1997, 'Measuring the benefits and yield from foreign tourism', International Journal of Social Economics, vol. 24, no. 1/2/3, pp. 223-236.
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Since it is necessary to give up real resources, goods and services to provide for the demands of tourists, the net benefits to an economy from tourism growth are typically substantially lower than gross tourism expenditure. Recognizing this, tourism researchers are paying increased attention to the concept of yield so as to inform benefit cost analysis, government policy, marketing strategies and investment decisions in the context of tourism development. First, defines the concept of yield and discusses some problems in its measurement; identifies distortions to the competitive tourism market and the implications for tourism yield; and also explores the relationship between yield and tourism expenditure as an indicator of yield. Concludes that the yield from tourism goes beyond visitor expenditure and should take account of a wide range of economic, environmental and social costs and benefits of tourism development.

George, R & Clegg, SR 1997, 'An inside story: Tales from the field - Doing organizational research in a state of insecurity', ORGANIZATION STUDIES, vol. 18, no. 6, pp. 1015-1023.
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Doing successful organizational research is difficult. Doing the same in difficult circumstances proves worthy of discussion. This short paper illustrates the realities experienced by a management researcher while doing doctoral field work in Sri Lanka.

Hardy, C & Clegg, S 1997, 'Relativity Without Relativism: Reflexivity in Post-Paradigm Organization Studies', British Journal of Management, vol. 8, no. s1, pp. 5-17.
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This paper shows how organization studies controls the subject through its use of representational devices. Different theoretical and methodological approaches may appear to offer epistemological guarantees concerning the validity of data about the research subject but they remain representations, beyond which we can know nothing except through representation. Research is not about wrenching truth from a recalcitrant 'reality': the devices it uses to represent its research subject create and control in the way they silence to give voice to aspects of that subject. All data are 'collaborative products' created in accordance with the practical procedures and background assumptions of the participating actors' (Knorr-Cetina, 1981). Thus the relations between research subject, researcher and the protocols that comprise the research process both embody and obscure power. For this reason, it is important that theory strives for a high degree of reflexivity (Marcus, 1994) in accounting for its own theorizing, as well as whatever it is that it theorizes about. In this paper, we critically examine different research approaches, including those of Aston, to show the dangers that can arise when research is carried out without regard to reflexivity. We offer some criteria for carrying out reflexive research which, we believe, is one of the major challenges facing post-paradigm organization studies. As we shall see, reflexivity shows us how far we have come in the thirty years since Aston.

Hubbell, L, Clegg, SR, Hardy, C & Nord, WR 1997, 'Handbook of Organization Studies', Public Productivity & Management Review, vol. 20, no. 4, pp. 475-475.
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Latimer, J, Holland, M, Lee, M & Adams, R 1997, 'Plinth padding and measures of posteroanterior lumbar stiffness.', J Manipulative Physiol Ther, vol. 20, no. 5, pp. 315-319.
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OBJECTIVE: To investigate whether measurement of posteroanterior (PA) lumbar stiffness is affected by the presence of padding on the testing plinth. DESIGN: Within a repeated-measures design, measurements were made of lumbar PA stiffness in subjects without low back pain on both a rigid and a padded plinth surface. SUBJECTS: Nineteen subjects with no history of any low back pain requiring treatment over the preceding 12 months participated in this study. METHODS: PA stiffness was measured at L3 on two occasions under two different conditions. The first condition involved measurement of lumbar stiffness on a rigid plinth surface; the second involved measurement on a padded plinth surface. A reliable mechanical device was used to obtain the PA stiffness measures. RESULTS: Mean lumbar PA stiffness values obtained when testing on a padded plinth were 2.86 N/mm less than those values obtained when testing the same lumbar spines on a rigid plinth. A paired t test showed a significant difference between the PA stiffness measures at L3 obtained on the padded plinth and those obtained on the rigid plinth (t = 6.66, df = 18, p < or = .0001). CONCLUSIONS: These findings suggest that to improve the reliability of lumbar PA stiffness assessment, testing should be performed under the same plinth surface conditions.

Lee, M, Latimer, J & Maher, C 1997, 'Normal response to large posteroanterior lumbar loads--a case study approach.', J Manipulative Physiol Ther, vol. 20, no. 6, pp. 369-371.
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OBJECTIVE: Characterization of the responses to spinal posteroanterior loading has involved measuring the gradient of the linear region of the force-displacement relationship between 30 N and 100 N of applied force. However, forces applied during manual assessment of stiffness may reach 300 N. This study investigated whether the force-displacement relation remains linear above 100 N. DESIGN: A single-case-study design with replication was used. SUBJECTS: Two male subjects, with no history of low back pain requiring treatment over the preceding twelve months, participated in this study. METHODS: Posteroanterior loads of 275 N were applied to the 1.3 vertebra of both subjects using a mechanical device. The force-displacement responses in these subjects were measured and analyzed to examine the linearity of the data. RESULTS: The responses from the two subjects were similar. In both cases, the responses were approximately linear at all levels of load up to 275 N. Because of the small degree of nonlinearity, there was a tendency for the stiffness to show moderate increases as the load increased. Stiffness was approximately 25% greater when calculated between 30 N and 275 N than when calculated between 30 N and 100 N. CONCLUSION: In these two subjects, the force-displacement relation was approximately linear for all three force intervals considered, although there was some increasing stiffness with increasing force.

Leung, L 1997, 'The making of matriarchy: A comparison of Madonna and Margaret Thatcher', Journal of Gender Studies, vol. 6, no. 1, pp. 33-42.
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Rhodes, C 1997, 'Book Reviews : Michael Kaye (1996) Myth-Makers and Story-Tellers Sydney: Business and Professional Publishers, xxii + 202 pp, $29.95; ISBN 1 875680 26 8', Asia Pacific Journal of Human Resources, vol. 35, no. 1, pp. 101-102.
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Rhodes, C 1997, 'The legitimation of learning in organizational change', JOURNAL OF ORGANIZATIONAL CHANGE MANAGEMENT, vol. 10, no. 1, pp. 10-&.
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Rhodes, C & Morari, M 1997, 'The false nearest neighbors algorithm: An overview', Computers & Chemical Engineering, vol. 21, pp. S1149-S1154.
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TRAYLER, R, JONES, R & NIELSEN, J 1997, 'THE BANK SELECTION PROCESS: A COMPARISON OF AUSTRALIA AND THE UNITED STATES', Economic Papers: A journal of applied economics and policy, vol. 16, no. 4, pp. 1-10.
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Viner, A, Lee, M & Adams, R 1997, 'Posteroanterior Stiffness in the Lumbosacral Spine', Spine, vol. 22, no. 23, pp. 2724-2729.
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Study Design. A descriptive design of posteroanterior stiffness in the lumbosacral spine. Objectives. To measure posteroanterior stiffness between L1 and S1 to establish the pattern of stiffness in individuals with no history of low back pain. Summary of Background Data. In clinical examination for low back pain, manual assessment of abnormal stiffness is used to determine the site of the pain-producing lesion. However; there is little objective evidence of the variation in stiffness between levels in normal spines or of the factors that determine posteroanterior stiffness. Method. Posteroanterior stiffness was measured with a specially developed measuring device at each of the six vertebral levels between L1 and S1. Force- displacement relations were computed for each vertebral level. The gradient of the linear part of the force-displacement relation was used as a coefficient of stiffness, and the amount of displacement between 5 N and 30 N of applied force (D5-30) was used as a measure of the length of the toe region. Results. Overall there was a significant linear trend of increasing stiffness from L1 to S1. Ninety percent of the difference scores for adjacent level comparisons were less than 3.6 N/mm. There was considerable variation in the patterns of stiffness found in different individuals. The stiffness coefficient and D5-30 correlated significantly with skinfold thickness measurements and body mass index. Conclusion. A linear trend of increasing stiffness was found between L1 and S1, but this pattern was influenced by variables related to body type (adiposity).

Wang, J-X & Wong, H-I 1997, 'The predictability of Asian exchange rates: evidence from Kalman filter and ARCH estimations', Journal of Multinational Financial Management, vol. 7, no. 3, pp. 231-252.
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Wood, S, Clegg, S, Hardy, C & Nord, WR 1997, 'Handbook of Organization Studies', The British Journal of Sociology, vol. 48, no. 2, pp. 324-324.
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Wooders, J 1997, 'Equilibrium in a market with intermediation is Walrasian.', The Review of Economic Design 3, vol. 3, no. 1, pp. 75-89.
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We show that a profit maximizing monopolistic intermediary may behave approximately like a Walrasian auctioneer setting bid and ask prices nearly equal to Walrasian equilibrium prices. In the model agents trade either through the intermediary or privately. Buyers (sellers) choosing to trade through the intermediary potentially trade immediately at the ask (bid) price, but sacrifice the spread as potential gains. Agents trading privately capture all of the gains to trade, but risk costly delay in finding a partner. We show that when the cost of delay is small, the intermediary sets bid and ask prices nearly equal to Walrasian equilibrium prices. As the cost of delay vanishes, the equilibrium bid and ask prices converge to the Walrasian equilibrium prices. If the possibility of trading through the intermediary is removed, and therefore all trade takes place in the private trading market, then prices are not close to Walrasian equilibrium prices even as the cost of delay vanishes.

Allen, D, Souness, N & Walsh, KD 1970, 'Panel Data Estimates of Minimum Variance Hedge Ratios on the Sydney Futures Exchange for Interest Rate Contracts', Econometric Society Australasian Meetings Conference Proceedings, Econometric Society Australasian Meetings, Melbourne, Australia.

Booth, PJ & Giacobbe, F 1970, 'Is activity-based costing still the answer?', Australian Society of CPA's Centre of Excellence Workshop, Sydney.

Hingorani, A 1970, 'Personality type and TV program attribute preferences', Proceedings of the Australia and New Zealand Marketing Educators' Conference, Monash University, Melbourne, pp. 871-872.

Hingorani, A 1970, 'Variety seeking, ad familiarity, and repetition: Factors affecting attention', Proceedings of the Fourth International Meeting of the Decision Sciences Institute, Woodslane/Pitman Publishers, Sydney, Australia, pp. 845-852.

Trayler, RM, Terry, C & Nielsen, J 1970, 'Banking expectations, do bankers understand the needs of their customers', Australian Institute of Banking and Finance 1997 Conference Proceedings, Australian Institute of Banking and Finance 1997 Conference, Australian Institute of Banking and Finance, Melbourne, Australia, pp. 396-414.

Walker, S 1970, 'The ex-dividend drop-off: Estimating the value of dividends from cum-dividend trading in the ex-dividend period', Seminar Presentation, School of Finance and Economics, University of Technology, Sydney, Sydney, Australia.

Walker, S & Partington, G 1970, 'The ex-dividend drop-off: Evidence from cum-dividend trading in the ex-dividend period', Accounting Association of Australia and New Zealand Conference, Hobart, Tasmania, Australia.

Wieder, B 1970, 'Cost accounting for marketing decisions', British Academy of Management Annual Conference, Queen Elizabeth Conference Centre, London.

Hutcheson, TJ & Sharpe, IG 1997, 'Ownership Structure and Building Society Efficiency', Working Paper Series.
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This paper investigates the effect of ownership structure on the cost efficiency of Australian building societies using the stochastic econometric frontier approach. Contrary to the expense preference hypothesis, mutually owned societies we found to be, on average, more cost efficient than those under stock ownership. Moreover, mutual and stoc-owned societies have significantly different cost functions or production technologies. The results are consistent with U.S. results of Mester (1993).