Bajada, C 2008, Economic principles instructor resources (2nd edition), McGraw-Hill, Australia.
Carter, C, Clegg, SR & Kornberger, MM 2008, A Very Short, Fairly Interesting and Reasonably Cheap Book about Studying Strategy, Sage Publications, London.
Cashman, R & Darcy, S 2008, Benchmark Games, 1, Benchmark Games, Sydney.
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This book gives a wonderful insight into the background and running of the Sydney Paralympic Games and the legacy it has left (Karen Tighe, Foreword).
Clegg, SR, Kornberger, MM & Pitsis, TS 2008, Managing and Organizations An Introduction to Theory and Practice, 2nd, Sage, London.
Di Guilmi, C 2008, The Generation of Business Fluctuations: Financial Fragility and Mean-Field Interactions, 1st, Peter Lang, USA.
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The limits imposed on economic modeling by the representative agent hypothesis have prevented dynamic analysis from fully exploring the links between the micro and macro level of the economic system. This book presents developments and applications of the innovative techniques of dynamic stochastic aggregation, first proposed by Masanao Aoki, through an implementation in a New Keynesian financial fragility framework. The introduction in macroeconomics of statistical mechanics tools, such as mean-field interaction, statistical entropy and master equation, constitutes a step toward a new definition of microfoundation and allows an integrated modeling of the relationships between micro financial variables and aggregate indicators.
Hair, JF, Lukas, BA, Miller, K, Bush, RP & Ortinau, DJ 2008, Marketing Research, 2nd, McGraw Hill Australia, Sydney.
Hayllar, B, Griffin, T & Edwards, D 2008, City Spaces - Tourist Places Urban Tourism Precincts, Routledge.
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The book revisits & examines the foundational literature but, more importantly, engages with aspects of precinct development that have previously been underdeveloped.
Hunt, BF & Terry, C 2008, Financial institutions and markets, 5th, Thompson, Melbourne, Australia.
Leung, L 2008, Digital experience design: Ideas, industries, interaction.
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Digital Experience Design chronicles the diverse histories and perspectives of people working in the dot.com world alongside an account of the current issues facing the industry. From the perspective of older disciplines such as education, fine art, and cinema, this volume investigates how dot.com practitioners balance the science of usability with abstract factors such as the emotional response design can provoke. Contributors from a wide-range of different backgrounds offer autobiographical accounts of their careers in the digital experience design and interactive media industry. Digital Experience Design seeks to borrow from alternative fields that have richer traditions and longer histories in experience design to assist current online designers and practitioners. With in-depth discussion of a variety of disciplines and topics including screen-based design and e-learning, this edited volume is a valuable resource for industry practitioners and students and teachers of interactive media.
Pazmandy, G 2008, Advanced business computing - using Microsoft Office 2007, Tekniks Publications, Vaucluse, NSW.
Pazmandy, G 2008, MYOB Version 17 A Practical Guide to Computer Accounting.
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This book details in a practical way the use of the MYOB program to perform the bookkeeping and accounting functions of the firm.
Pratt, J & Edwards, M 2008, Management and Organisational Behaviour Workbook, 1st, John Wiley and Sons Australia, Ltd, Milton, Qld.
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A workbook with applied case studies, group-based experiential activities and individual skills diagnosis and development exercises designed to accompany leading textbooks in in first year business courses in generation, and 21129 Managing People and Organisations in particular.
Rhodes, C & Westwood, R 2008, Critical Representations of Work and Organization in Popular Culture, 1, Routledge, London, UK.
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This book challenges traditional organizational theory, looking to representations of work and organizations within popular culture and the ways in which these institutions have also been conceptualized and critiqued there. Through a series of essays, Rhodes and Westwood examine popular culture as a compelling and critical arena in which the complex and contradictory relations that people have with the organizations in which they work are played out. By articulating the knowledge in popular culture with that in theory, they provide new avenues for understanding work organizations as the dominant institutions in contemporary society. Rhodes and Westwood provide a critical review of how organizations are represented in various examples of contemporary popular culture. The book demonstrates how popular culture can be read as an embodiment of knowledge about organizations often more compelling than those common to theory and explores the critical potential of such knowledge and the way in which popular culture can reflect on the spirit of resistance, carnivalisation and rebellion.
Rösch, D 2008, Stress Testing for Financial Institutions Applications, Regulations and Techniques.
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Looks at the regulatory and economic needs of banks and insurance companies, focusing on practical advice and solutions to everyday problems.
Schweitzer, J 2008, Four essays on antecedents and consequences of governance in alliances, University of Technology, Sydney, Sydney.
Summers, A 2008, On Luck, Melbourne University.
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"Australia has always prided itself on its luckiness ... Anne Summers thinks on this characteristic, and especially what happens when luck runs out."--Provided by publisher.
Anufriev, M & Hommes, C 2008, 'Evolutionary Switching between Forecasting Heuristics: An Explanation of an Asset-Pricing Experiment' in Schredelseker, K & Hauser, F (eds), Complexity and artificial markets, Springer, Germany, pp. 41-53.
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In this paper we propose an explanation of the findings of a recent laboratory market forecasting experiment. In the experiment the participants were asked to predict prices for 50 periods on the basis of past realizations. Three different aggregate outcomes were observed in an identical environment: slow monotonic price convergence, persistent price oscillations, and oscillatory dampened price fluctuations. Individual predictions exhibited a high degree of coordination, although the individual forecasts were not commonly known. To explain these findings we propose an evolutionary model of reinforcement learning over a set of simple forecasting heuristics. The key element of our model is the switching between heuristics on the basis of their past performance. Simulations show that such evolutionary learning can reproduce the qualitative patterns observed in the experiment.
Carey, MT & Walton, M 2008, 'Trust' in Kerridge, I, Jordens, C & Sayers, EJ (eds), Restoring humane values to medicine, SAGE Publications, Inc., Sydney,Australia, pp. 166-195.
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Cashman, R 2008, 'The delivery of sport' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 141-160.
Cashman, R & Darcy, SA 2008, 'Paralympic benchmarks before 2000' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 35-53.
Cashman, R & Thomson, AK 2008, 'The community' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 123-140.
Cashman, R & Tremblay, D 2008, 'Media' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 99-122.
Clegg, S 2008, 'If People are Strange, Does Organization Make Us Normal?' in Barry, D & Hansen, H (eds), The SAGE Handbook of New Approaches in Management and Organization, SAGE Publications Ltd, London, UK, pp. 436-446.
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Clegg, SR 2008, 'Action' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 11-13.
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Clegg, SR 2008, 'Bounded Rationality' in Schram, S & Caterino, B (eds), Making Political Science Matter: debating knowledge, research and method, SAGE Publications, Inc., New York, USA, pp. 171-187.
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Clegg, SR 2008, 'Bureaucracy' in Beilharz, P & Hogan, T (eds), Sociology: place, time & division, SAGE Publications, Inc., Melbourne, Australia, pp. 429-432.
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Clegg, SR 2008, 'Dehumanization' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 370-374.
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Clegg, SR 2008, 'Historical Analysis of Organization Theory' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 598-600.
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Clegg, SR 2008, 'Managerial Revolution' in Turner, B (ed), The Cambridge dictionary of sociology, SAGE Publications, Inc., Cambridge, UK, pp. 349-350.
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Clegg, SR 2008, 'Organizational Culture' in Turner, B (ed), The Cambridge dictionary of sociology, SAGE Publications, Inc., Cambridge, UK, pp. 425-426.
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Clegg, SR 2008, 'Organizational Ecology' in Ryan, JM (ed), Core Concepts in Sociology, SAGE Publications, Inc., USA.
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Clegg, SR 2008, 'Organizational Theory' in Turner, B (ed), The Cambridge dictionary of sociology, SAGE Publications, Inc., Cambridge, UK, pp. 425-425.
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Clegg, SR 2008, 'Positivism and post-positivism' in Thorpe, R & Holt, R (eds), The SAGE Dictionary of Qualitative Management Research, Sage, London, pp. 155-157.
Clegg, SR 2008, 'Power' in Sorge, A (ed), Organization, SAGE Publications, Inc., London, UK, pp. 299-313.
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Clegg, SR 2008, 'Sociological Approach' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 1441-1445.
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Clegg, SR 2008, 'The ghosts of time in organization theory' in Time in Organizational Research, pp. 238-254.
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Clegg, SR & Carter, C 2008, 'Management Consultants' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 847-849.
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Clegg, SR & Carter, C 2008, 'Managerial Cultural Capital' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 864-867.
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Clegg, SR & Carter, C 2008, 'Time-Space Relations' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 1551-1555.
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Clegg, SR, Hermel, P & Foley, K 2008, 'The power implications of qualilty management: Some first thoughts' in Foley, K & Hermel, P (eds), The Theories and Practices of Organization Excellence: New Perspectives, SAI Global, Sydney, Australia, pp. 295-334.
Clegg, SR, Kornberger, MM & Pitsis, TS 2008, 'McDonaldization' in Ybema, S & Bijlsma-Frankema, K (eds), Organizational Science, SAGE Publications, Inc., London, pp. 48-50.
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Clegg, WE & Clegg, SR 2008, 'Corporate Social Responsibility' in Clegg, SR & Bailey, JR (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 302-305.
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Collins, J 2008, 'Australian immigration policy in the age of globalisation' in Kondo, A (ed), Migration and Globalisation: Comparing Immigration Policy in Developed Countries, Akashi Shoten, Tokyo, Japan, pp. 161-184.
Courpasson, D & Clegg, SR 2008, 'Iron Law of Oligarchy', SAGE Publications, Inc..
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Dalton, BM & Casey, JP 2008, 'Money for mission or moral minefield? The opportunities and risks of not-for-profit business venturing' in Barraket, J (ed), Strategic Issues for the Not-for-profit Sector, UNSW Press, Sydney, Australia, pp. 163-186.
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Exploration of issues relating to commercialisation within the nonprofit sector.
DARCY, S 2008, 'Professional rugby, community rugby clubs and volunteers: creating advantage through better volunteer management' in Chadwick, S & Arthur, D (eds), International Cases in the Business of Sport, Elsevier, London, pp. 404-422.
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The case examines the volunteer management practices within the Australian Rugby Union and its community clubs based based on the authors' ARC Linkage grant research.
Darcy, S & Small, J 2008, 'Theorizing Precincts: Disciplinary Perspectives' in City Spaces - Tourist Places, Elsevier, pp. 63-91.
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Darcy, SA 2008, 'Disability access' in Michael Luck (ed), Encyclopedia of Tourism and Recreation in Marine Environments, Elsevier, London, pp. 134-134.
Darcy, SA 2008, 'Infrastructure' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 161-182.
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This chapter presents the research evidence about the infrastructure requirements for holding the Sydney Paralympic Games.
Darcy, SA 2008, 'Marine events and festivals' in Michael Luck (ed), Encyclopedia of Tourism and Recreation in Marine Environments, Elsevier, London, pp. 299-300.
Darcy, SA 2008, 'Planning for the Games' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 74-98.
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The chapter draws together the planning and organisational considerations of hosting the Sydney Paralympic Games.
Darcy, SA 2008, 'User fee' in Michael Luck (ed), Encyclopedia of Tourism and Recreation in Marine Environments, Elsevier, London, pp. 497-497.
Darcy, SA & Cashman, R 2008, 'Legacy' in Cashman, R (ed), Benchmark Games, Walla Walla Press, Sydney, pp. 218-231.
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The chapter draws together the research in the book, presents new evidence for legacy in the Sydney Paralympic Games and provides a lead in for future research agendas.
Darcy, SA & Cashman, R 2008, 'Paralympic research agendas' in Cashman, R & Darcy, S (eds), Benchmark Games, Walla Walla Press, Sydney, pp. 232-243.
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The chapter the draws together the research presented in the book, other contributing research and presents a Paralympic research agenda for the future.
Di Guilmi, C, Gallegati, M & Landini, S 2008, 'Financial Fragility, Mean-Field Interaction and Macroeconomic Dynamics: A Stochastic Model' in Salvadori, N (ed), Institutional and Social Dynamics of Growth and Distribution, Edward Elgar, UK, pp. 322-350.
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In recent decades, a considerable stream of research, following the complexity approach (Rosser, 2004), has developed a series of models that import concepts and tools from hard sciences to economics. They represent an attempt to identify an alternative framework to the representative agent hypothesis and to its underlying simplified solution to the aggregation problem (Kirman, 1992). Theoretical research has moved in two main directions: first, the development of agent-based models, solved by means of computer simulations (Axtell et al., 1996; Axelrod, 1997); second, formulations of stochastic frameworks for the aggregation of micro-variables (Aoki, 1996, 2002; Aoki and Yoshikawa, 2006).
Dickson-Deane, C & Moore, JL 2008, 'Human-Computer Interaction' in Spector, JM (ed), The SAGE Encyclopedia of Educational Technology, SAGE Publications, Inc..
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This two-volume encyclopedia explores such issues, focusing on core topics and issues that will retain relevance in the face of perpetually evolving devices, services, and specific techniques.
Dowling, GR 2008, 'Creating better corporate reputations: An Australian perspective' in Melewar, TC (ed), Facets of Corporate Identity, Communication and Reputation, Routledge, London, UK, pp. 178-196.
Drago, C, Leung, L & Ward, M 2008, 'What’s the story? Harnessing the power of storytelling in film for experience design' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 35-48.
Dwyer, L, Edwards, DC, Mistilis, N & Roman, C 2008, 'Tourism' in Newton, PW (ed), Transitions: pathways towards sustainable urban development in Australia, Springer, The Netherlands, pp. 103-111.
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Cities are always shaped by mobility - or, by flows - of people, money and goods. Changes are taking place globally that will influence the shape of urban destinations in the future. The coming decade and a half should see major shifts in the leisure and tourism environment reflecting changing consumer values, political forces, environmental changes and the explosive growth of information and communication technology. How urban destination managers and tourism operators respond to these changes will influence the way in which these destinations are developed. Since the future cannot be known with certainty, public and private sector tourism organisations must use the information they have today to allocate resources, maintain/achieve competitive advantage and to inform strategic planning for their destinations. A key element of a sustainable urban tourism industry is the ability to recognise and deal with change across a wide range of key factors. The challenge for urban tourism destination managers is to account for these changes pro-actively to achieve and maintain competitive advantage for their destinations. To realise these goals it is important to know how world events influence consumers and suppliers of goods and services and consequently how this shapes urban tourism environments. There is increasing competition in the tourism and hospitality industries - between urban destinations worldwide (between established markets and from new markets), between urban destinations domestically, and between firms within an urban destination. Achieving competitive advantage in times of rapid change requires tourism stakeholders to have a clear understanding of the direction of change and its implications for destination management.
Dwyer, L, Forsyth, P, Spurr, R & Van Ho, T 2008, 'Estimating the Economic Impacts of Tourism Shocks: A Paradigm Shift in Technique' in Tourism Development Revisited: Concepts, Issues and Paradigms, SAGE Publications India Pvt Ltd, pp. 259-272.
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Edwards, D, Griffin, T & Hayllar, B 2008, 'Darling Harbour: Looking Back and Moving Forward' in City Spaces - Tourist Places, Elsevier, pp. 275-294.
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Edwards, D, Griffin, T & Hayllar, B 2008, 'Urban Tourism Precincts: An Overview of Key Themes and Issues' in City Spaces - Tourist Places, Elsevier, pp. 93-105.
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Evans, C & Collier, K 2008, 'Delphi Technique' in Lynne Oates (ed), Taxation: A Fieldwork Research Handbook, SAGE Publications, Inc., New York, pp. 228-241.
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This chapter explores the Delphi technique, which is 'a qualitative method for obtaining consensus among a group of experts' (Lewis-Becket al. 2010).1 It usually seeks to obtain this consensus through 'repeated iterations (usually by email) of anonymised opinions and of proposed compromise statements from the group moderator' (Bloor and Wood '2006). The problems to which the method is applied are generally complex and lacking simple definition or obvious solutions, which makes it a very useful tool in the taxation context.
Gordon, R, Hastings, G, McDermott, L & Evans, WD 2008, 'Building brands with competitive analysis' in Public Health Branding, Oxford University PressOxford, pp. 73-90.
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AbstractThis chapter demonstrates how competitive analysis can help build brands in public health by offering customer insight, helping to develop strategic alliances, and helping marketers deal with the competition from the hazards merchants. Key lessons can be generated to help inform these outcomes by using the following forms of competitive analysis: case studies of commercial brands, internal document analysis, and studies of the deleterious effects of commercial brands.
Griffin, T, Hayllar, B & Edwards, D 2008, 'Places and People: A Precinct Typology' in City Spaces - Tourist Places, Elsevier, pp. 39-61.
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Griffin, T, Hayllar, B & Edwards, D 2008, 'Precinct Planning and Design, Management and Marketing: An Overview' in City Spaces - Tourist Places, Elsevier, pp. 243-259.
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Gudergan, S & Schweitzer, J 2008, 'Resource-Based View of the Firm' in Clegg, S & Bailey, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., Thousand Oaks, CA, pp. 1380-1383.
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Gudergan, SP & Schweitzer, J 2008, 'Alliances' in Clegg, S & Bailey, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., Thousand Oaks, CA, pp. 51-55.
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Hasan, AS & Onyx, J 2008, 'Governance approach in Asia's third sector: Adapted Western or modified Asian?' in Hasan, S & Onyx, J (eds), Comparative Third Sector Governance in Asia: Structure, Process and Political Economy, Springer, New York, USA, pp. 193-206.
Hasan, AS, Lyons, MJ & Onyx, J 2008, 'Third sector organisation governance: Introducing the themes and the chapters' in Hasan, S & Onyx, J (eds), Comparative Third Sector Governance in Asia: Structure, Process and Political Economy, Springer, New York, USA, pp. 1-18.
Hayllar, B, Griffin, T & Edwards, D 2008, 'City Spaces – Tourist Places: A Reprise' in City Spaces - Tourist Places, Elsevier, pp. 357-374.
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Hayllar, B, Griffin, T & Edwards, D 2008, 'Urban Tourism Precincts: Engaging with the Field' in City Spaces - Tourist Places, Elsevier, pp. 1-18.
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Hogan, W & Trayler, R 2008, 'Bank governance: Perceptions from experience' in Gup, B (ed), Handbook for Directors of Financial Institutions, Edward Elgar, UK, pp. 151-165.
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This chapter examines provisions about governance in Australian banking and related activities in light of past experiences. Most attention is given to the provisions for corporate governance laid down by the Australian Prudential Regulation Authority (APRA) and recommendations from the Basel Committee on Banking Supervision as well as commentaries from officers associated with those entities. The latter segments are directed to an appraisal of requirements in light of experiences of banking activities during recent decades.
Holmes, K & Edwards, D 2008, 'Volunteers as hosts and guests in museums' in Lyons, KD & Wearing, S (eds), Journeys of Discovery in Volunteer Tourism : International Case Study Perspectives, CABI, Oxfordshire, UK, pp. 155-165.
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This chapter uses the extant research on museum audiences to conceptualize the relationship between museum visiting and volunteering. First, the chapter examines the literature relating to museum visitors; second, it considers research on museum volunteers; and finally these two literatures are compared and a conceptual model of museum visiting and volunteering is presented.
Josserand, E & Pitsis, TS 2008, 'Interorganizational Relations and Collaborations' in Clegg, S & Bailey, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., USA, pp. 716-721.
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The International Encyclopedia of Organization Studies is a definitive description of the field, spanning individual, organizational, societal, and cultural perspective in a cross-disciplinary manner. Editors Stewart R. Clegg and James R. Bailey have sought to capture much of the cutting-edge thinking that characterizes the best scholarship internationally. The Encyclopedia is thoroughly cross-referenced and entries are based around a series of broad themes.
Josserand, EL & Teo, S 2008, 'Accompagner l'emergence du manager public post-bureaucratique: le cas des ressources humaines dans une entreprise publique australienne' in Bachir Mazouz (ed), Le metier de gestionnaire public a l'aube de la gestion par resultats, Les Presses de l'Universite du Quebec, Canada, pp. 1-1.
Kennedy, H & Leung, L 2008, 'Lessons from web accessibility and intellectual disability' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 69-79.
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Kornberger, MM & Rhodes, CH 2008, 'Business Ethics' in Ritzer, G (ed), The Blackwell Encyclopedia of Sociology, SAGE Publications, Inc., Oxford, pp. 1439-1442.
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Leung, L 2008, 'Digital Divide' in Smets, K, Leurs, K, Georgiou, M, Witteborn, S & Gajjala, R (eds), The SAGE Handbook of Media and Migration, SAGE Publications, Inc., London, pp. 79-84.
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The SAGE Handbook of Media and Migration offers a comprehensive overview of media and migration through new research, as well as a review of present scholarship in this expanding and promising field.
Leung, L 2008, 'Introduction' in Morris, A & Bouillon, A (eds), Digital Experience Design: Ideas, Industries, Interaction, Protea Publishers, Pretoria, pp. 9-14.
Leung, L 2008, 'Users as learners: Rethinking digital experiences as inherently educa tional' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 15-24.
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Leung, L & Bryant, S 2008, 'Art and artic ulation: The finer points of engaging the user in abstract concepts and lateral thinking' in Digital Experience Design: Ideas, Industries, Interaction, pp. 101-112.
Leung, L & Goldstein, S 2008, 'You are what you wear: The ideal and real consumer/user' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, intellect books, UK, USA, pp. 25-34.
Leung, L & Tam, D 2008, 'The art of ‘slow’: Taking time in the digital age' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, intellect books, UK, USA, pp. 49-56.
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Leung, L & Tan, A 2008, 'The personal is the political: Why feminism is important to experience design' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 57-68.
Leung, L & Waters, M 2008, 'Architectures of the physical and virtual: Parallel design princi ples in built and digital envi ronments' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 93-100.
Leung, LT 2008, 'From 'Victims of the Digital Divide' to 'Techno-Elites': Gender, Class, and Contested 'Asianness' in Online and Offline Geographies' in Gajjala, R & Gajjala, V (eds), South Asian Technospaces, Peter Lang, New York, USA, pp. 7-23.
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Leung, LT & Bryant, S 2008, 'Art and Articulation:The Finer Points of Engaging the User in Abstract' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 101-112.
Lock, D, Taylor, T & Darcy, S 2008, 'Soccer and social capital in Australia: Social networks in transition' in Sport and Social Capital, pp. 317-338.
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Lyons, K & Wearing, S 2008, 'All for a good cause? The blurred boundaries of volunteering and tourism' in Lyons, KD & Wearing, SL (eds), Journeys of Discovery in Volunteer Tourism : International Case Study Perspectives, CABI, Oxfordshire, UK, pp. 147-154.
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Research has provided a wealth of typological models that help classify tourist behaviours. These taxonomies have been developed based on a broad range of increasingly sophisticated criteria associated with social roles, motivations, activity types, socio-demographics, travel experiences, lifestyles, values and personality (Lyons, 2003). Indeed some of the case studies in this book classify particular forms of volunteer tourism. Proponents of typological research argue that it provides a valuable foundation upon which action can be taken. For example, the principles of market segmentation in tourism are based on the premise that particular types of travellers can be categorized and their needs identified and met through the development of niche products.
Lyons, KD & Wearing, S 2008, 'Volunteer tourism as alternative tourism: Journeys beyond otherness' in Lyons, KD & Wearing, SL (eds), Journeys of Discovery in Volunteer Tourism : International Case Study Perspectives, CABI, Oxfordshire, UK, pp. 3-11.
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Seismic changes in leisure time, disposable income, mobility and communication technologies have created a context in which tourism has thrived. Grown and diversified to encompass a wide array of leisure travel behaviours that were not imagined even as recently as a couple of decades ago. Leading the way in this process of diversification is alternative tourism, which describes a form of tourism that rebukes mass tourism and the consumptive mindset it engenders and instead offers alternative, more discriminating, socially and environmentally sustaining tourist experiences (Wearing, 2001). The demand for alternative tourism has led to a diverse array of niche products and services, each the subject of critical scholarly analysis including educational tourism, farm tourism, cultural exchange tourism, scientific tourism and volunteer tourism, which is the subject and focus of this book.
Mak, JYC 2008, 'Human Resource Management' in Professional Housing Management Practices in Hong Kong, SAGE Publications, Inc., pp. 143-154.
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As a result of the changes in the business landscape and technology, competitive advantages always shift over time, rendering some important sources of past competitive success less so. However, the workforce, and how it is organized and managed, is an increasingly important source of competitive advantage (Pfeffer, 1994). Even Jack Welch (2005), the most admirable chief executive officer (CEO) in the last century, believed that the people part was how he could most help General Electric, a highly successful conglomerate based in the US. Like other trades in the service industry, property management relies very much on human resources to deliver the service to the customers. Property management firms offer no products, equipment or even space to the customers. The only resource required from the property management firms to provide services for their customers is people. As a consequence of the rapid growth in the property management industry brought about by the booming property market in the 1990s, the demand for personnel of high calibre was so great that it resulted in a scramble for talent by the industry players. The common problem of most property management firms is how to attract, retain and provide development opportunities for capable staff. The answer to this is human resources management (HRM). According to Pettigrew and Whipp (1991), 'Human resources management relates to the total set of knowledge skills and attitudes that firms need to compete. It involves concern for and action in the management of people, including selection, training and development, employee relations and compensation.' In this chapter, HRM refers to the management of various processes to leverage human resources with a view to helping the organization to achieve its objectives in sustaining its competitive advantage. The common processes involved in HRM are human resources planning, recruitment and selection, training and development, performance management and employee relat...
McCarthy, M, Matthiessen, CM & Slade, DM 2008, 'Discourse Analysis' in Norbert Schmitt (ed), An Introduction to Applied Linguistics, SAGE Publications, Inc., United Kingdom, pp. 146-160.
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Menzies, GD 2008, 'Economics as identity' in Harper, I & Gregg, S (eds), Christian Theology and Market Economics, Edward Elgar, UK, pp. 94-109.
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Nicholson, M 2008, 'Sport and Social Capital' in Nicholson, M & Hoye, R (eds), Sport and Social Capital, Routledge, Oxford, UK, pp. 317-338.
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This chapter starts with the general premise that sport clubs have the potential to build social capital. Following on from this assumption, we specifically examine the role that soccer played in Australian society in relation to social capital development in the last century. Prior to 2003 the term soccer was officially used to describe football in Australia. We then discuss the present situation, recent governance and strategic positioning challenges implemented in the sport of soccer, and the impact these initiatives have had on the sport's social capital and its constituent communities.
Nikolova, N 2008, 'Actor-Network Theory' in Clegg, S & Balley, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., UK, pp. 27-31.
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Nikolova, N 2008, 'Moral Hazard' in Clegg, S & Balley, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., UK, pp. 917-919.
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Nikolova, N 2008, 'Opportunistic Behavior', SAGE Publications, Inc..
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Nikolova, N 2008, 'Outsourcing' in Clegg, S & Balley, J (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., UK, pp. 1208-1211.
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Nikolova, N 2008, 'Transaction Cost Theory', SAGE Publications, Inc..
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Nikolova, N & Devinney, T 2008, 'Building Community' in Barry, D & Hansen, H (eds), The SAGE Handbook of New Approaches in Management and Organization, SAGE Publications Ltd, London, UK, pp. 503-513.
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Onyx, J 2008, 'Comparative Third Sector Governance in Asia' in Hasan, S & Onyx, J (eds), Comparative Third Sector Governance in Asia: Structure, Process and Political Economy, Springer New York, New York, USA, pp. 119-129.
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Onyx, J 2008, 'Third Sector Organisations and Governance Process' in Hasan, S & Onyx, J (eds), Nonprofit and Civil Society Studies, Springer New York, New York, USA, pp. 105-118.
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Owens, J, Stein, I & Chenoweth, L 2008, 'Action Research' in Minichiello, V, Sullivan, G, Greenwood, K & Axford, R (eds), Handbook for research methods in health sciences, SAGE Publications, Inc., Frenchs Forest, NSW, Australia, pp. 247-270.
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Research methods which deviate from the narrow views to more qualitative and humanistic approaches. The process of action research, questioning of existing practices leading to practice reshaping.
Rhodes, C 2008, 'Organizational Man' in Turner, B (ed), The Cambridge dictionary of sociology, SAGE Publications, Inc., Cambridge, UK, pp. 424-424.
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Rhodes, C 2008, 'Popular Culture' in Clegg, SR & Bailey, JR (eds), International Encyclopedia of Organization Studies, SAGE Publications, Inc., Thousand Oaks, Ca, pp. 1257-1260.
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Rhodes, C, Scheeres, H & Iedema, R 2008, 'Triple Trouble: Undecidability, Identity and Organizational Change' in Identity Trouble, Palgrave Macmillan UK, pp. 229-249.
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Rhodes, CH 2008, 'Organization Man' in Clegg, SR & Bailey, JR (eds), International Encyclopedia of Organization Studies, Sage, Thousand Oaks, Ca, pp. 1137-1139.
Roe, RA, Waller, MJ & Clegg, SR 2008, 'Time in Organizational Research' in Roe, RA, Waller, MJ & Clegg, SR (eds), Time in Organizational Research, Routledge, pp. xix-xx.
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Roesch, D & Scheule, H 2008, 'Integrating stress-testing frameworks' in Roesch, D & Scheule, H (eds), Stress testing for financial institutions: Applications, regulations and techniques, Risk Books, London, UK, pp. 3-15.
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Bank regulators (compare Basel Committee on Banking Supervision 2006) expect financial institutions to provide sufficient Tier I and Tier II capital to cover future worst-case credit portfolio losses. These worst-case losses are based on conservative assumptions for a set of parameters such as the probability of default (PD), asset correlation, loss given default (LGD) or exposure at default (EAD) Stress of PD: probability of default is based on a one factor, non-linear model where the factor equals the 99.9th percentile of a systematic standard normally distributed variable and the sensitivity is based on the so-called asset correlation . Stress of EAD and LGD: EAD and LGD are modelled based on economic downturn conditions.
Schulenkorf, N 2008, 'A.G.S.E.P., Sri Lanka' in Carlsen, J, Liburd, J, Edwards, D & Forde, P (eds), Innovations for Sustainable Tourism: International Case Studies, BEST Education Network, Esberj, Denmark, pp. 85-94.
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The Asian German Sports Exchange Programme (A.G.S.E.P.) is an NGO, which has been conducting sport events and international exchanges between Sri Lankan and European sport teams since 1989. The organisation is based in Marawila, in rural western Sri Lanka, and was founded by the current CEO of the programme, Dr. Dietmar Döring, who at that time was the national coach of the table tennis team. Dr. Döring saw an opportunity to use sport events as an avenue to enhance tourism and the relationships between estranged ethnic communities in Sri Lanka. The philosophy of A.G.S.E.P. is that sport is an ideal way of connecting people and transcending social, cultural, ethnic and religious cleavages. Sport provides a neutral platform for all participants, who are able to experience and learn from each other in a playful and open atmosphere
Schulenkorf, N & Commeh, MK 2008, 'Brenu Beach Resort, Ghana' in Carlsen, J, Liburd, J, Edwards, D & Forde, P (eds), Innovations for Sustainable Tourism: International Case Studies, BEST Education Network, Esbjerg, Denmark, pp. 76-84.
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At the time of this case study project in August 2001, the National People Party (NPP) had just come to power in Ghana. One of the reasons for the NPPs success was the promise to invest in and develop the local economy under the slogan `Golden Age of Business. The change towards a new democratic government resulted in wide-ranging goodwill from the local people, who were expecting a new level of personal and professional freedom in Ghana. The business sector was longing for positive change, as for almost 30 years private businesses had not received significant support from the preceding governments. People in the tourism industry were finally encouraged to invest into their innovative business ideas, and motivated to start up small enterprises to increase their quality of life
Teo, ST & Johns, RE 2008, 'Recruiting' in Clegg, S & Bailey, J (eds), The International Encyclopedia of Organization Studies, SAGE Publications, Inc., Portland, OR, pp. 1359-1361.
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Walker, M & Wooders, J 2008, 'mixed strategy equilibrium' in Durlauf, S & Blume, L (eds), The New Palgrave Dictionary of Economics, Nature Publishing Group, pp. 628-631.
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Ward, M & Leung, L 2008, 'Beyond the visual: Applying cinematic sound design to the online environment' in Linda Leung (ed), Digital Experience Design: Ideas, Industries, Interaction, Intellect Books, UK, USA, pp. 81-92.
Wearing, S 2008, 'Marketing National Parks Using Ecotourism as a Catalyst: Towards a Theory and Practice' in Babu, S, Mishra, S & Parida, B (eds), Tourism Development Revisited: Concepts, Issues and Paradigms, SAGE Publications India Pvt Ltd, UK, pp. 132-149.
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His chapter seeks to explore the relationship between national parks, tourism, marketing and promotion, both conceptually and practically. It examines the structure and nature of the relationship between these areas. The implications of tourism, and particularly ecotourism's worldwide growth, have been significant for national parks, particularly in Australia, where national parks are a crucial asset for building a sustainable tourism industry. Australia has an image among international markets as a clean, green destination and some of our most important tourism icons (such as Uluru and the Great Barrier Reef) are within national parks. In fact, almost half of all international tourists to Australia currently visit a national park during their trip (more if the Great Barrier Reef Marine Park is included). If the tourism industry is to meet its future potential then it is essential that these important attractions are funded adequately, provide quality visitor experiences and are promoted inappropriately.
Wearing, S, DeVille, A & Lyons, K 2008, 'The volunteer's journey through leisure into the self' in Lyons, KD & Wearing, SL (eds), Journeys of Discovery in Volunteer Tourism : International Case Study Perspectives, CABI, Oxfordshire, UK, pp. 63-71.
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Volunteer tourism is in essence a form of leisure behaviour. Perceived freedom and choice (Neulinger, 1974), intrinsic motivation (Iso-Ahola, 1982), satisfaction and enjoyment (Kaplan, 1975), and identity and selfhood (Kelly, 1983) are central tenets of leisure that are dearly evident in emerging definitions of volunteer tourism (e.g. Wearing, 2001; McGehee and Santos, 2005). However, it is the relationship between volunteer tourism as leisure and the conceptualization of 'the self' that is the focus of this chapter.
Wearing, SL 2008, 'Conservatism' in Barlett, R, Grafton, C & Rolf, C (eds), Encyclopedia of international sport studies, SAGE Publications, Inc., London, UK, pp. 305-307.
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Adriaanse, JA & Crosswhite, JJ 2008, 'David or Mia? The influence of gender on adolescent girls' choice of sport role models', Women's Studies International Forum, vol. 31, no. 5, pp. 383-389.
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This article explores the relationship between adolescent girls and their sport role models with a particular focus on gender. Social learning theory as well as gender theory are considered. Based on quantitative and qualitative data collected in Australia through two focus group interviews and questionnaires. The researchers found that gender influences the choice of sport role models of adolescent girls. When asked to nominate their role model, girls overwhelmingly choose a female role model, however, when their role model came from the sporting domain the percentage of female role models decreased. Further, qualitative comments support the notion that gender and gendered heroism play a critical role in the adoption of sport role models by adolescent girls. The authors argue that sport role models, in traditional gender terms, are ideologically contradictory. A trend towards acceptance of a perspective of multiple femininities and masculinities may be a prospect for change.
Anufriev, M 2008, 'Wealth-driven competition in a speculative financial market: examples with maximizing agents', QUANTITATIVE FINANCE, vol. 8, no. 4, pp. 363-380.
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This paper demonstrates how both the quantitative and qualitative results of a general, analytically tractable asset-pricing model in which heterogeneous agents behave consistently with a constant relative risk-aversion assumption can be applied to the special case of optimizing behaviour. The analysis of the asymptotic properties of the market is performed using a geometric approach that allows the visualization of all possible equilibria by means of a simple one-dimensional Equilibrium Market Curve. The case of linear (particularly, mean-variance) investment functions is thoroughly analysed. This analysis highlights the features that are specific to linear investment functions. As a consequence, some previous contributions of the agent-based literature are generalized.
Auger, P, Devinney, TM, Louviere, JJ & Burke, PF 2008, 'Do social product features have value to consumers?', INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING, vol. 25, no. 3, pp. 183-191.
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The present paper utilizes a random utility theoretic experimental design to provide estimates of the relative value that selected consumers place on the social features of products. Experiments were conducted in Hong Kong and Australia using both university students and supporters of the human rights organization Amnesty International. The paper focuses on two classes of social features, 'labor practices' and 'animal rights and the environment'. The results show that the social features of products can, on average, affect an individuals' likelihood of purchasing a product. Also, this paper finds distinctive segments of ethically orientated consumers. Crown Copyright © 2008.
Baddeley, MC 2008, 'STRUCTURAL SHIFTS IN UK UNEMPLOYMENT 1979–2005: THE TWIN IMPACTS OF FINANCIAL DEREGULATION AND COMPUTERIZATION', Bulletin of Economic Research, vol. 60, no. 2, pp. 123-157.
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ABSTRACTThis paper analyses UK unemployment in the period 1979–2005. Structural breaks are identified endogenously and they coincide with key institutional changes associated with financial deregulation and computerization in the New Economy. A vector error correction model is estimated and it confirms that computerization and financial deregulation have had counteracting impacts on UK unemployment. The results are consistent with three hypotheses: technological advances associated with computerization have moderated inflationary struggles between firms and insiders by increasing total factor productivity; financial deregulation has generated financial fragility fostering rises in unemployment; financial deregulation and computerization together have been associated with shifts from manufacturing towards services, fostering structural unemployment.
Bedford, DS, Brown, DA, Malmi, T & Sivabalan, P 2008, 'Balanced scorecard design and performance impacts: some Australian evidence', Journal of Applied Management Accounting Research, vol. 6, no. 2, pp. 17-36.
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Academic literature is giving increased consideration to the use of performance measurement systems, notably the Balanced Scorecard (BSC). However, there has been limited empirical investigation into the particular benefits that result from the use of the BSC (Ittner and Larcker, 1998). This study empirically examines how the BSC has been applied in practice and whether different BSC designs result in varying performance outcomes. Data is from a cross sectional survey, which provided a sample of 92 Australian firms using BSC. It is hypothesised that the BSC provides greater benefits when 1) cause and effect logic is used between measures 2) nonfinancial measures are tied to compensation and 3) implemented at multiple levels within the organisation. Results support the first proposition, although cause and effect logic appears to be more important if the BSC is tied to compensation. These results are discussed, and implications for practice and future research are presented.
Beriwal, M, Clegg, SR, Collopy, F, McDaniel, R, Morgan, G, Sutcliffe, K, Kaufman, R, Marker, A & Selwyn, N 2008, 'Organizational Resilience', Educational Technology, vol. 53, no. 5, pp. 42-52.
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Bertin, WJ, Michayluk, D & Prather, L 2008, 'Liquidity issues surrounding neglected firms', Investment Management and Financial Innovations, vol. 5, no. 1, pp. 57-65.
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The neglected firm effect is the phenomenon where stocks of less widely-known firms have larger returns than that predicted by asset pricing models. Researchers have found mitigating variables, such as the price of the stock, that have partially explained the performance of neglected firms. Neglect and price may be proxies for the liquidity of each firm's stock, and the higher observed returns may actually be a premium for the lack of liquidity. This paper compares two definitions of neglect and their relationship with liquidity. When neglect is measured by the number of analysts following a stock, more analysts are associated with higher liquidity for the stock. An even stronger relationship is observed when the proxy for neglect is widely disseminated earnings announcements. These results are confirmed in regression analyses that control for the stock price. © William J. Bertin, David Michayluk, Laurie Prather, 2008.
Böhm, S, Spicer, A & Fleming, P 2008, 'Infra-political dimensions of resistance to international business: A Neo-Gramscian approach', Scandinavian Journal of Management, vol. 24, no. 3, pp. 169-182.
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This paper contributes to critical understandings of how international business is resisted. It develops a Neo-Gramscian approach that emphasizes the importance of informal or 'infra-political' processes. Current conceptualizations demonstrate how international business is challenged via formal and organized political strategies in the firm, the state and civil society. The infra-political dimension is understated. This paper develops a theory of 'articulation' that broadens our understandings of how international business is resisted in both formal and informal ways. © 2008 Elsevier Ltd. All rights reserved.
Brown, DA, Bedford, DS & Sivabalan, P 2008, 'Use and impacts of the balances scorecard in Australia: what's the state of play?', In the Black, vol. 78, no. 09, pp. 56-59.
Brown, P, Ferguson, A & Stone, K 2008, 'Share Purchase Plans in Australia: Issuer Characteristics and Valuation Implications', Australian Journal of Management, vol. 33, no. 2, pp. 307-332.
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Share purchase plans (SPPs) are offered exclusively to a company's registered shareholders, who may purchase up to $5,000 worth of shares in a 12-month period at a discount to the market price and without any brokerage charge. They have become one of the most frequently used mechanisms for raising publicly traded equity capital in Australia, yet little is known about them from a financial markets perspective. We address this deficiency by documenting the characteristics of Australian firms that have adopted SPPs and assessing their short-term and long-term valuation implications. We find that SPPs are more likely to be issued by firms with lower levels of liquidity and relatively large numbers of shareholders. They have a negative announcement effect, which is associated with the size of the issue, the prior share-price runup, the issue-price discount, the firm's industry, and whether there is enough time for non-shareholders to buy shares in order to participate. Long-run underperformance is also found over extended periods, consistent with much of the seasoned equity offering (SEO) literature. The SPP-issuer did not perform as badly if it was in the mining industry, if it was audited by a ‘Big-N’ firm, or if the issue was underwritten. Conversely, the greater the issue discount, the worse the issuer's long-run performance.
Bugeja, M & da Silva Rosa, R 2008, 'Taxation of shareholder capital gains and the choice of payment method in takeovers', ACCOUNTING AND BUSINESS RESEARCH, vol. 38, no. 4, pp. 331-350.
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From December 1999, shareholders who disposed of shares in Australian takeovers in exchange for scrip could elect to defer capital gains taxation until the disposal of the shares received. We investigate payment method choice by acquiring firms before and after this regulatory change to assess whether target shareholder capital gains tax liabilities became an important factor considered in choosing the form of payment. The results show that, subsequent to the regulatory change, there is a significantly higher probability that equity will be offered as consideration where target shareholder capital gains are greater. This finding confirms the importance of shareholder level taxation in explaining corporate acquisition structure and adds to previous European and US evidence on factors associated with payment method choice in takeovers.
Carabetta, G 2008, 'The Argument For unique Industrial Arrangements for Police', New South Wales Police News, vol. 88, no. (3), pp. 12-19.
Carlsen, J & Edwards, D 2008, 'BEST EN Case Studies: Innovation for Sustainable Tourism', Tourism and Hospitality Research, vol. 8, no. 1, pp. 44-55.
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These three case studies explore the key drivers, processes, barriers and networks associated with innovation for sustainable tourism. The case studies were presented by representatives of the three very distinct organisations, yet reveal common issues when describing their approach to innovation. The common denominator that runs through both small and large organisations is the need for collaboration networks that support, communicate and disseminate the benefits of innovation.
Carter, C, Clegg, SR & Kornberger, M 2008, 'S-A-P zapping the field', STRATEGIC ORGANIZATION, vol. 6, no. 1, pp. 107-112.
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In their rejoinder, Jarzabkowski and Whittington do not concede one point. They even defend the resource-based view of the firm, despite its well-known limitations (the fact that some of its major limitations have been staked by someone labelled a `sociologist does not, from our perspective, make it any more palatable). Their defensiveness is surprising, though perhaps in keeping with Whittingtons (2007) pithy description of S-A-P (strategy as practice) as being akin to `a pushy younger sibling, making a lot of noise.
Carter, C, Clegg, SR & Kornberger, M 2008, 'Strategy as practice?', STRATEGIC ORGANIZATION, vol. 6, no. 1, pp. 83-99.
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Strategy is supposed to lead an organization through changes and shifts to secure its future growth and sustainable success, and it has become the master concept with which to address CEOs of contemporary organizations and their senior managers. Its talismanic importance can hardly be overstated. Thus, strategic management is increasingly understood as the task of the top management team. While seminal works on strategy bear the imprint of modernist rationality (Ansoff, 1965; Porter, 1980), there have been numerous contributions to the strategy literature that can be characterized as more reflexive and critical (e.g. Clegg et al., 2004). More expressly sociological in nature, they have placed emphasis on, inter alia, how power and politics shape the strategies that emerge (Mintzberg, 1987; Pettigrew, 1985); the strategic choices made (Child, 1972); the language games that constitute strategy (Barry and Elmes, 1997); as well as how strategy is best understood through interpretative approaches (Schwenk, 1989), structuration theory (Whittington, 1992) or epistemology (Knights and Morgan, 1991). Such works set out an alternative to the neat assumptions of ubiquitous rationality underpinning orthodox strategy.
Charki, MH & Josserand, E 2008, 'Online Reverse Auctions and the Dynamics of Trust', Journal of Management Information Systems, vol. 24, no. 4, pp. 175-197.
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This research explores the effect of the introduction of online reverse auctions (ORAs) on interorganizational trust between buyers and suppliers in the retail industry. Building upon the notion of the spirit of the technology and the organizing vision, we shed light on the "equivoque" nature of ORAs. In an integrative model, we show how the desocialization associated with the introduction to ORAs can lead to distrust. Our findings show specifically the importance of the role played by technical problems and rumors.
Chelliah, J & D' Netto, B 2008, 'Japanese whaling strategies', The Management Case Study Journal, vol. 8, no. 2, pp. 65-82.
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This case study focuses on the global strategies adopted by the Japanese whaling industry in the midst of strong objection by several countries who promote whale conservation. The case also examines the emotive responses by several special interest groups such as Greenpeace, whoare genuinely concerned about perceived âcruel hunting tacticsâ adopted by the Japanese whaling industry.
Cheung, E, Evans, E & Wright, S 2008, 'The adoption of IFRS in Australia: The case of AASB 138 (IAS 38) Intangible Assets', Australian Accounting Review, vol. 18, no. 3, pp. 248-256.
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AASB 138 Intangible Assets, adopted by reporting entities in Australia for annual reporting periods beginning on or after 1 January 2005, required derecognition of internally generated intangible assets. Prior to its adoption, the standard was widely expected to have a substantial impact on the reports of affected listed entities. On the basis of information available in the 2004/05 annual reports, this paper projects the expected effects of AASB 138 on reported intangible assets and on key financial measures. It compares these projected measures to the realised measures, reported under both Australian GAAP and AIFRS in the 2005/06 reports. While reported intangible assets and the debt to equity ratio were expected to change significantly as a result of AASB 138, the reported AIFRS results show a significant change in only the debt to equity ratio. The paper considers reasons why the pre‐adoption expected changes did not eventuate, and also how the actual changes were reported to stakeholders in the management discussion sections of the annual reports. The conclusion draws implications regarding the transparency of communication in annual reports.
Chua, WF & Taylor, SL 2008, 'The rise and rise of IFRS: An examination of IFRS diffusion', Journal of Accounting and Public Policy, vol. 27, no. 6, pp. 462-473.
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We seek to understand the ever-increasing push towards the international harmonization of accounting standards and particularly the inexorable rise of standards produced by the International Accounting Standards Board (IASB). While the primary justifications for the increasing recognition given to these standards (IFRS) are economic, we question whether the empirical evidence to date has yielded convincing support for these arguments. We therefore offer an alternative explanation for the origin and diffusion of IFRS that incorporates social and political factors. Outsourcing the manufacture of accounting standards to a single private agency appears to be a rational, lower cost option lowering both economic and political costs for individual states as long as they continue to retain residual decision rights with respect to the adoption of IFRS. However, such outsourcing must also be perceived to be legitimate. IFRS confer institutionalized legitimacy because they possess three characteristics required of a technology for global governance. These are sponsorship by powerful interest groups/regulators, internationality and plasticity. We therefore conclude that the widespread diffusion today of IFRS can at best be only partially explained as an economically rational phenomenon. Rather, the demand for legitimate action in the face of tightly coupled and complex global markets is at least equally important in generating support for IFRS.
Clegg, S 2008, 'Bent Flyvbjerg: power and project management – an appreciation', International Journal of Managing Projects in Business, vol. 1, no. 3, pp. 428-431.
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PurposeThe purpose of this paper is to provide a critique of Bent Flyybjerg's work that has high relevance to the project management (PM) literature.Design/methodology/approachThe paper takes the form of a narrative with argument and analysis.FindingsThe paper challenges readers, PM academics and practitioners to view PM with a political perspective. This paper was delivered at the ICAN 2007 Conference (which is the focus of this issue), which was entitled “Mission Control: Power, Knowledge and Collaboration in Project Practice.”Originality/valueThis paper triggers and sustains the debate about the influence of power and its unintended consequences that may affect projects. The review raises PM issues worthy of consideration that are often neglected.
Clegg, SR 2008, 'Book Review: Silvia Gherardi Organizational Knowledge: The Texture of Workplace Learning', Organization Studies, vol. 29, no. 2, pp. 297-302.
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Clegg, SR 2008, 'Ten propositions concerning security, terrorism and business', Global Business and Economics Review, vol. 10, no. 2, pp. 184-184.
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The history of the present is assessed in terms of forecasts that proved to be spectacularly incorrect. Debate about power in the past was largely state-centred but the realisation that the opposite of the state is not a free market but a political anarchy seems to have been forgotten. The society of the spectacle, to use Guy Debord's concept, reigns supreme today, but in ways unimagined by European situationists. The spectacle ignites a new politics of identity, constituted in terms that depart radically from the older terms of class analysis. While some analysts have spoken of the rise of the risk society it is necessary today to add the state of insecurity to contemporary characterisations, whether represented in reality or rhetoric. Global identities constituted by religiosity sit uneasily within nation states as containers of identity and the attempts of states to reaffirm national identity in the face of its rejection by significant subsections of the population is most likely to achieve a rhetorical racheting up of tensions. Consequently, the state of insecurity leads to increasing surveillance and control as a societal project for which every failure is the guarantee of further resources, tighter surveillance and an increasing simulacrum of control.
Collins, J 2008, 'Globalisation, immigration and the second long post-war boom in Australia', Journal of Australian Political Economy, vol. 61, pp. 244-266.
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Australia has a long history of immigration. From the Moccasins who traded with indigenous peoples in the far North West hundreds of years ago to the last person to fly into Sydney by 747 Qantas Jumbo Jet with a permanent or temporary entry visa, immigrants from all over the globe have called Australia home, particularly since the end of the second world war. While there have been many post-war immigration nations, the USA, Canada, New Zealand and Australia were different because of their focus on immigrants as settlers, as new members of society and its labour force. Among these settler immigration nations, Australia has had, in relative terms, the largest intake, and its profile of ethnic diversity is as great as that of the USA and Canada.
Collins, J 2008, 'Immigrant entrepreneurs in Australia: Regulations and responses', Migracoes: Journal of the Portugal Immigration Observatory, vol. 3, no. October, pp. 49-59.
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Australia has a long history of immigrant entrepreneurship. Immigrant enterprises, mainly small businesses, generate significant economic growth, employment opportunities and import export activity across a broad range of industries in Australia. Drawing on Australian research into immigrant entrepreneurship, this article seeks to explore the different forms of regulation and policy enacted by Federal, State and local governments that impact on immigrant entrepreneurs. The article interrogates the important policy question of how to best promote immigrant entrepreneurship and the establishment and survival of immigrant enterprises. The experiences of immigrant entrepreneurs in Australia vary considerably, with a diversity in pathways to immigrant entrepreneurship in Australia evident for both male and female immigrant entrepreneurs. Some cluster in ethnic precincts in the cities as owners of restaurants, cafï½s, shops and immigrant services. Others set up businesses in the suburbs or regional towns. This means that `one sizeï½ will not fit all, pointing to the need for a diverse, complex policy response to immigrant entrepreneurship in Australia today.
Crawford, M, Kerwin, G, Gurung, A, Khati, D, Jha, P & Regmi, AC 2008, 'Globalizing Beauty: Attitudes toward Beauty Pageants among Nepali Women', Feminism & Psychology, vol. 18, no. 1, pp. 61-86.
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A series of focus groups and semi-structured interviews were conducted exploring the beliefs of urban Nepali women about the introduction of beauty pageants to Nepal. This qualitative study examined how the competing pressures of modernization and traditionality impinge on Nepali women who are attempting to both resist patriarchal restrictions and preserve long-established cultural values. The large majority of participants expressed ambivalence toward beauty contests in Nepal. They expressed the belief that beauty pageants can help to empower Nepali women, facilitate progress in Nepal, and present Nepal positively on a global stage. Moreover, participants called for the perceived benefits of pageant participation to be extended to rural, impoverished, and lower caste Nepali women. At the same time, participants expressed reservations about Nepali women being objectified by their participation in these contests, deplored their commercial aspects, and felt that beauty pageants could contribute to the development of body image disturbance. Their ambivalence may reflect their conflicting positioning as middle-class citizens and as women in a developing consumer economy that retains strong patriarchal norms. Their complex and conflicting responses help to elucidate the process of gendered social change in a developing country during a time of rapid societal transition.
Cunha, JV, Clegg, SR & Cunha, MPE 2008, 'Structuring for Globalization: The Minimal Network', FEUNL Working Paper, no. 536.
Cunha, MPE, Clegg, SR & Rego, A 2008, 'The Institutions of Archaic Post-Modernity and Their Organizational and Managerial Consequences: The Case of Portugal', FEUNL Working Paper Series, no. 528.
Darcy, SA & Cameron, B 2008, 'Accommodating Tourism: Hotel accommodation, accessible tourism and market principles - Evidence-based research', Independent Living: Official journal of Independent Living Centres Australia, vol. 24, no. 4, pp. 24-28.
Darcy, SA, Cameron, B, Dwyer, LM & Taylor, TL 2008, 'Understanding the notion of accessible spaces and places: Sydney CBD Visitor Accessibility Web portal www.sydneyforall.com', Australasian Parks and Leisure Journal, vol. 2008, no. Spring, pp. 28-34.
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The paper presents an approach to understanding the accessibility of spaces and places for people with disabilities and seniors. For these groups, the challenges associated with recreational access are compounded by the cultural context, fragmented approaches to wayfinding and a lack of collaboration by providers to promote accessible experiences. The paper presents the outcome of the research project that sought to collaboratively promote accessible experiences within the Sydney CBD and Sydney Harbour environs. The Sydney for All web portal was developed in conjunction with three industry partners: Tourism NSW; Tourism and Transport Forum; and NSW Dept of Environment and Climate Change. The research engaged in participatory action research with the major stakeholders, attractions and the destination experience providers. The Web portal complies with the highest W3C web accessibility standards as evidenced through the compliance testing by Vision Australia. The paper outlines the research approach, underlying philosophy and the major accessibility features of the portal through a case study of the North Head Lookout. As will be demonstrated, the portal is a starting point to understanding accessible experiences through focusing on universal design, destination experience and management frameworks rather than using constraints based approaches that dominate mainstream access auditing.
Delavande, A 2008, 'Measuring revisions to subjective expectations', Journal of Risk and Uncertainty, vol. 36, no. 1, pp. 43-82.
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Delavande, A 2008, 'PILL, PATCH, OR SHOT? SUBJECTIVE EXPECTATIONS AND BIRTH CONTROL CHOICE*', International Economic Review, vol. 49, no. 3, pp. 999-1042.
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When choosing a contraception method, women base their decisions on their subjective expectations about the realizations of method‐related outcomes. Examples of outcomes include getting pregnant and contracting a sexually transmitted disease (STD). I combine innovative data on probabilistic expectations with observed contraceptive choices to estimate a random utility model of birth control choice. The availability of expectations data is essential to identify preferences from beliefs. Effectiveness, protection against STDs, and partner's disapproval are found to be the most important factors in the decision process. The elicited expectations and inferred preference parameters are used to simulate the impact of various policies.
Delavande, A & Rohwedder, S 2008, 'Eliciting Subjective Probabilities in Internet Surveys', Public Opinion Quarterly, vol. 72, no. 5, pp. 866-891.
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Devinney, T, Dowling, GR & Perm-Ajchariyawong, N 2008, 'The Financial Times business schools ranking: What quality is this signal of quality?', EUROPEAN MANAGEMENT REVIEW, vol. 5, no. 4, pp. 195-208.
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We suggest that the annual rankings of business schools have acquired a legitimacy that unduly defines the organizational field in a manner that makes it difficult and risky for most schools to manage to this measure of business school quality and positional status. To illustrate this we analyze the annual rankings produced by the Financial Times. This analysis illustrates that (a) these rankings are driven in large part by structural factors that many schools cannot change, (b) the ranks of the top schools are quite stable over time, and (c) the ranks of the bottom schools are quite dynamic. These effects provide a competitive advantage for the early entrants into the top ranks. Our research builds on the idea that the rankings are a social statistic that plays a crucial role in defining business school competition
Dhillon, R 2008, 'Initiating the localisation of a balanced scorecard in a Singaporean firm'.
Di Guilmi, C, Clementi, F, Di Matteo, T & Gallegati, M 2008, 'Social networks and labour productivity in Europe: an empirical investigation', Journal of Economic Interaction and Coordination, vol. 3, no. 1, pp. 43-57.
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This paper uses firm-level data recorded in the Amadeus database to investigate the distribution of labour productivity in different European countries. We find that the upper tail of the empirical productivity distributions follows a decaying power-law, whose exponent ? is obtained by a semi-parametric estimation technique recently developed by Clementi et al. [Physica A 370(1):4953, 2006]. The emergence of fat tails in productivity distribution has already been detected in Di Matteo et al. [Eur Phys J B 47(3):459466, 2005] and explained by means of a model of social network. Here we show that this model is tested on a broader sample of countries having different patterns of social network structure. These different social attitudes, measured using a social capital indicator, reflect in the power-law exponent estimates, verifying in this way the existence of linkages among firms productivity performance and social network.
Di Guilmi, C, Gallegati, M & Landini, S 2008, 'Economic dynamics with financial fragility and mean-field interaction: A model', Physica A: Statistical Mechanics and its Applications, vol. 387, no. 15, pp. 3852-3861.
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Following Aoki's statistical mechanics methodology [Masanao Aoki, New Approaches to Macroeconomic Modeling, Cambridge University Press, 1996; Masanao Aoki, Modeling Aggregate Behaviour and Fluctuations in Economics, Cambridge University Press, 2002; Masanao Aoki, and Hiroshi Yoshikawa, Reconstructing Macroeconomics, Cambridge University Press, 2006], we provide some insights into the well-known works of [Bruce Greenwald, Joseph Stiglitz, Macroeconomic models with equity and credit rationing, in: R. Hubbard (Ed.), Information, Capital Markets and Investment, Chicago University Press, Chicago, 1990; Bruce Greenwald, Joseph Stiglitz, Financial markets imperfections and business cycles, Quarterly journal of Economics (1993)]. Specifically, we reach analytically a closed form solution of their models overcoming the aggregation problem. The key idea is to represent the economy as an evolving complex system, composed by heterogeneous interacting agents, that can be partitioned into a space of macroscopic states. This meso level of aggregation permits to adopt mean-field interaction modeling and master equation techniques. © 2008 Elsevier Ltd. All rights reserved.
Docherty, P 2008, 'Basel II and the Political Economy of Banking Regulation-Monetary Policy Interaction', International Journal of Political Economy, vol. 37, no. 2, pp. 82-106.
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Doiron, D, Jones, G & Savage, E 2008, 'Healthy, wealthy and insured? The role of self‐assessed health in the demand for private health insurance', Health Economics, vol. 17, no. 3, pp. 317-334.
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AbstractBoth adverse selection and moral hazard models predict a positive relationship between risk and insurance; yet the most common finding in empirical studies of insurance is that of a negative correlation. In this paper, we investigate the relationship between ex ante risk and private health insurance using Australian data. The institutional features of the Australian system make the effects of asymmetric information more readily identifiable than in most other countries. We find a strong positive association between self‐assessed health and private health cover. By applying the Lokshin and Ravallion (J. Econ. Behav. Organ 2005; 56:141–172) technique we identify the factors responsible for this result and recover the conventional negative relationship predicted by adverse selection when using more objective indicators of health. Our results also provide support for the hypothesis that self‐assessed health captures individual traits not necessarily related to risk of health expenditures, in particular, attitudes towards risk. Specifically, we find that those persons who engage in risk‐taking behaviours are simultaneously less likely to be in good health and less likely to buy insurance. Copyright © 2007 John Wiley & Sons, Ltd.
Dowling, GR & Weeks, W 2008, 'What the media is really telling you about your brand', MIT Sloan Management Review, vol. 49, no. 3, pp. 28-34.
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An important but often overlooked aspect of executive leadership is the creation of a good corporate reputation and the use of this asset to enhance organizational performance. There is accumulating evidence that a company's reputation influences both its operational and financial performance. Because corporate reputations reside in the heads of people rather than as tangible assets, one of the key factors determining the various reputations of a company is the coverage it receives in the media. The power of the media comes from its reach and prominence, its role in certifying some companies as legitimate and important players in the market and peoples beliefs that it has superior access to information and expertise in evaluating companies. In this way, what the media says has a real impact on the business fortunes of companies.
Dwyer, L 2008, 'The Author's Response', Tourism Economics, vol. 14, no. 2, pp. 438-440.
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Dwyer, L & Forsyth, P 2008, 'Economic measures of tourism yield: what markets to target?', International Journal of Tourism Research, vol. 10, no. 2, pp. 155-168.
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AbstractAn understanding of the yield potential of different source markets and segments can underpin destination marketing by both public and private sector organisations. The standard yield measure relates to expenditure injected into a destination from different market segments. This measure has several limitations, which are discussed in the paper. With the increasing sophistication of economic models such as computable general equilibrium, models, it is now feasible to develop new and more useful measures of tourism yield, which directly measure the gains to different stakeholders. Several economy‐wide impact measures of yield are developed and contrasted for selected Australian inbound tourism markets. The measures produce conflicting signals for public and private sector tourism marketers and planners. The reward from further research in developing and operationalising yield measures is more informed policy‐making by destination managers in respect of destination marketing and new product development, resulting in greater economic gains from inbound tourism. Copyright © 2008 John Wiley & Sons, Ltd.
Dwyer, L & Fredline, L 2008, 'Special Sport Events—Part II', Journal of Sport Management, vol. 22, no. 5, pp. 495-500.
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As noted in Part I of Special Sport Events which appeared in Volume 22, Issue 4 of the Journal of Sport Management, sport events are increasingly contributing to the economic and social development of cities, regions, and countries. The justification to host large-scale sport events is often done on the role these events play in building social capital, attracting tourists, foster trade relations, enhance the host destination’s brand, and serve as catalysts for the development and improvements of infrastructures. It is imperative to understand the unique challenges of managing and marketing special sport events. We believe that Part I of the special issue on special sport events and this collection of articles (Part II) address many of the challenges related to these sport events. In the following pages, we outline the articles featured in the second issue devoted to the topic of special sport events.
Edwards, D, Martinac, I & Miller, G 2008, 'Research Agenda for Innovation in Sustainable Tourism', Tourism and Hospitality Research, vol. 8, no. 1, pp. 56-61.
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Ekinci, Y, Dawes, PL & Massey, GR 2008, 'An extended model of the antecedents and consequences of consumer satisfaction for hospitality services', European Journal of Marketing, vol. 42, no. 1/2, pp. 35-68.
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PurposeThe purpose of this paper is to examine the impact of self‐congruence on consumer satisfaction with services and to develop and test a conceptual model of the antecedents and consequences of consumer satisfaction in the hospitality industry.Design/methodology/approachThe conceptual framework consists of the following constructs: actual self‐congruence, ideal self‐congruence, desires congruence, service quality, consumers' overall attitude to a service firm, and intention to return. Moreover, 12 hypotheses were developed and tested. Exploratory and confirmatory factor analysis were used to test the validity of the measures, while PLS was used in hypotheses testing. Data were collected from 185 consumers who had recently visited a restaurant or hotel.FindingsStrong support was found for 11 of the 12 hypotheses. Findings reveal that ideal self‐congruence and desires congruence have positive effects on consumer satisfaction. In contrast, it is shown that actual self‐congruence is not related to consumer satisfaction. Moreover, it is demonstrated that the two dimensions of service quality – physical quality and staff behaviour – have a positive impact on both desires congruence and consumer satisfaction. Importantly, consumer satisfaction is found to be a better indicator of the consumers' overall attitude to the service firm than service quality. The study confirms that consumer satisfaction mediates the relationship between the two service quality dimensions, ideal self‐congruence, and intention to return.Originality/valueThis study makes four important contributions. First, satisfaction research...
Ellis, RP & Savage, E 2008, 'Run for cover now or later? The impact of premiums, threats and deadlines on private health insurance in Australia', International Journal of Health Care Finance and Economics, vol. 8, no. 4, pp. 257-277.
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Between 1997 and 2000 the Australian government introduced three policy reforms that aimed to increase private health insurance coverage and reduce public hospital demand. The first provided income-based tax incentives; the second gave an across-the-board 30% premium subsidy; and the third introduced selective age-based premium increases for those enrolling after a deadline. Together the reforms increased enrolment by 50% and reduced the average age of enrollees. The deadline appeared to induce consumers to enroll now rather than delay. We estimate a model of individual insurance decisions and examine the effects of the reforms on the age and income distribution of those with private cover. We interpret the major driver of the increased enrollment as a response to a deadline and an advertising blitz, rather than a pure price response.
Fam, K & Waller, DS 2008, 'A Study of Liked/Disliked Television Commercials in India', Indian Journal of Marketing, vol. 38, no. 2, pp. 3-10.
Fam, K, Waller, DS, Ong, F & Yang, Z 2008, 'Controversial product advertising in China: perceptions of three generational cohorts', Journal of Consumer Behaviour, vol. 7, no. 6, pp. 461-469.
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AbstractChina is a country that has undergone a wide range of significant changes over the last 30 years, economically, politically, and socially. Major events not only have an important effect on the developmental history of a country such as China, but also create a new generational cohort, which can adopt different views and attitudes than those characterizing previous generations. This study analyses the results of a survey of three different generational groups in China, focusing on their attitudes towards the promotion of controversial products and advertising execution techniques. Research results show significant differences between the younger and older generations, especially in regard to gender‐related products and certain advertising execution techniques.Copyright © 2008 John Wiley & Sons, Ltd.
Fam, K-S & Waller, DS 2008, 'Agency–Client Relationship Factors Across Life-Cycle Stages', Journal of Relationship Marketing, vol. 7, no. 2, pp. 217-236.
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When an individual or an organization employs an advertising agency to assist in undertaking promotional activities, a number of factors are involved to ensure that the agency-client relationship runs smoothly. However, for the advertiser, as the relationship develops there can be changes in attitudes toward the advertising agency. This paper analyzes the responses of 82 advertisers regarding different elements in the advertising agency-client relationship and compares them across 4 stages in the agency-client life cycle: (a) Inception, (b) Development, (c) Maintenance, and (d) Dissolution. The results of the survey provide some implications to assist in the understanding of agency-client relationships at different times of the life cycle. © 2008 by The Haworth Press. All rights reserved.
Fleming, P & Spicer, A 2008, 'Beyond Power and Resistance', Management Communication Quarterly, vol. 21, no. 3, pp. 301-309.
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In this introduction to the special issue, the editors question the still-prevalent dichotomy of power and resistance when studying organizational politics. They begin by tracing the evolution of power and resistance in critical scholarship. Then, they propose that because of changing workplace dynamics, power and resistance are increasingly intertwined. More nuanced concepts are required to describe this. Finally, they argue that power and resistance should be considered as a singular dynamic called struggle.
Fleming, P & Zyglidopoulos, SC 2008, 'The Escalation of Deception in Organizations', Journal of Business Ethics, vol. 81, no. 4, pp. 837-850.
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Drawing on a number of recent high-profile cases of corporate corruption, we develop a process model that explains the escalation of deception in corrupt firms. If undetected, an initial lie can begin a process whereby the ease, severity and pervasiveness of deception increases overtime so that it eventually becomes an organization level phenomenon. We propose that organizational complexity has an amplifying effect. A feedback loop between organization level deception and each of the escalation stages positively reinforces the process. In addition, moderators are proposed that will halt escalation at various stages. By conceptualizing corporate deception as a social process, the paper contributes to a growing body of research that looks beyond 'bad' individuals for the causes of corporate illegality. © 2007 Springer Science+Business Media B.V.
Gatti, DD, Di Guilmi, C, Gallegati, M, Gaffeo, E, Giulioni, G & Palestrini, A 2008, 'Scaling laws in the macroeconomy', Advances in Complex Systems, vol. 11, no. 1, pp. 131-138.
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The practice of detecting power laws and scaling behaviors in economics and finance has gained momentum in the last few years, due to the increased use of concepts and methods first developed in statistical physics. Some disappointment has emerged in the economic profession, however, as regards the models proposed so far to theoretically explain these phenomena. In this paper we aim to address this criticism, showing that scaling behaviors can naturally emerge in a multiagent system with optimizing interacting units characterized by financial fragility. © 2008 World Scientific Publishing Company.
GATTI, DD, DI GUILMI, C, GALLEGATI, M, GAFFEO, E, GIULIONI, G & PALESTRINI, A 2008, 'SCALING LAWS IN THE MACROECONOMY', Advances in Complex Systems, vol. 11, no. 01, pp. 131-138.
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The practice of detecting power laws and scaling behaviors in economics and finance has gained momentum in the last few years, due to the increased use of concepts and methods first developed in statistical physics. Some disappointment has emerged in the economic profession, however, as regards the models proposed so far to theoretically explain these phenomena. In this paper we aim to address this criticism, showing that scaling behaviors can naturally emerge in a multiagent system with optimizing interacting units characterized by financial fragility.
Goldbaum, D 2008, 'Coordinated investing with feedback and learning', JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, vol. 65, no. 2, pp. 202-223.
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This paper introduces assets for which the intrinsic value is endogenous to the amount of funding attracted. A rational expectations equilibrium is developed. Additionally, simulations of the model based on bounded rationality explore the different market behavior under fundamental and momentum based investing strategies. Both strategies produce herding characteristics. The herding under the fundamental strategy approximates the optimal investing of a rational central planner. The momentum strategy results in suboptimal economic development.
Goldbaum, D & Mizrach, B 2008, 'Estimating the intensity of choice in a dynamic mutual fund allocation decision', JOURNAL OF ECONOMIC DYNAMICS & CONTROL, vol. 32, no. 12, pp. 3866-3876.
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The paper analyzes the intensity of choice in an agent based financial optimization problem. Mean-variance optimizing agents choose among mutual funds of similar styles but varying performance. We specify a model for the allocation of new funds, switching between funds, and withdrawals and obtain statistically significant estimates of the intensity of choice parameter. This estimate is also given economic interpretation through the underperformance of funds that use an active style. We find that agents with relative risk aversion of 2 will move 1% of their funds from active to passive for an extra 34 basis points of return.
Hafalir, I & Krishna, V 2008, 'Asymmetric Auctions with Resale', American Economic Review, vol. 98, no. 1, pp. 87-112.
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We study first- and second-price auctions with resale in a model with independent private values. With asymmetric bidders, the resulting inefficiencies create a motive for post-auction trade which, in our model, takes place via monopoly pricing—the winner makes a take-it-or-leave-it offer to the loser. We show (a) a first-price auction with resale has a unique monotonic equilibrium; and (b) with resale, the expected revenue from a first-price auction exceeds that from a second-price auction. The inclusion of resale possibilities thus permits a general revenue ranking of the two auctions that is not available when these are excluded. (JEL D44)
Hafalir, IE 2008, 'Stability of marriage with externalities', International Journal of Game Theory, vol. 37, no. 3, pp. 353-369.
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Hasan, D & Prather, L 2008, 'A Liquidity Motivated Algorithm for Discerning Trade Direction', Multinational Finance Journal, vol. 12, no. 1/2, pp. 45-66.
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Most exchanges do not report trade direction thus researchers and traders must deduce whether a trade is buyer or seller initiated since this information is required to evaluate models of bid-ask spread components and to understand the market for immediacy. Algorithms that assign trade direction based on the proximity to bid or ask quotes are easily implemented but ignore information readily discernable from orders, changes in the quoted depth and subsequent price movements. Using the New York Stock Exchange Trades, Orders and Quotes database, systematic biases in existing trade direction algorithms are documented that can be rectified by recognizing that the impact on liquidity is the fundamental characteristic underlying order placement. Although this liquidity-based method is difficult to implement, it more closely captures the actual behavior of market participants (JEL : G 10, G14)
HERGESELL, A 2008, 'B.E.S.T. Education Network Think Tank VIII: Sustaining Quality of Life through Tourism', Anatolia, vol. 19, no. 2, pp. 370-374.
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Hingorani, AG 2008, 'An Exploratory Study of the Types and Roles of Skincare Advertising Visuals in Magazines', The International Journal of the Humanities: Annual Review, vol. 6, no. 1, pp. 75-82.
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Despite the observations that visuals are almost always present in skincare ads, and that they are noticed to a greater extent than the text in these ads, there appears to be virtually no publicly available research that has analysed the visual content of skincare ads. As visuals might be useful to consumers in assessing the effectiveness of skincare products, their role in influencing consumer behaviour needs to be researched. Before such research is undertaken, it is necessary to investigate visuals that are actually employed by skincare marketers given the large number of products and varied visual cues or stimuli that seem to exist. The purpose of this research is to identify some of the types (or elements) and roles (or functions) of skincare advertising visuals and examine the extent to which they are evident in ads selected from the April through August 2005 issues of four popular womens magazines in Australia. 24 elements and five functions of skincare advertising visuals were identified, and their presence or absence was assessed in a sample of 52 ads. Due to the exploratory and time-specific nature of this study, future research that audits the visual content of magazine advertisements in the skincare market over a longer period could facilitate an extensive investigation of its impact on consumer attitudes and behaviour.
Hoye, RS, Cuskelly, G, Taylor, TL & Darcy, SA 2008, 'Volunteer motives and retention in community sport: A study of Australian rugby clubs', Australian Journal on Volunteering, vol. 13, no. 2, pp. 40-48.
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The retention of volunteers has been identified as a significant organisational challenge for community sport organisations. However, little is known about the relationship between volunteer motives and their intentions to remain with an organisation. In this study, 402 volunteers from community rugby clubs were surveyed about their motivations to volunteer and intention to remain as volunteers. The results indicate that while volunteer motivations are primarily based on altruistic values, intentions of volunteers to remain with their club are only moderately affected by these motives.
Humphreys, T, Leung, L & Weakley, A 2008, 'Embedding expert users in the interaction design process: a case study', Design Studies, vol. 29, no. 6, pp. 603-622.
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This paper describes an approach to interaction design that evolved from having a group of expert users as clients to being a participatory interaction design project. It presents a case study of the design and development of an application with three-di
Iannotta, G & Navone, M 2008, 'Which Factors Affect Bond Underwriting Fees? The Role of Banking Relationships', EUROPEAN FINANCIAL MANAGEMENT, vol. 14, no. 5, pp. 944-961.
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The question of which factors are relevant in determining bond underwriting fees is empirically investigated by analysing 2,202 bond issues completed by European firms during the 1993 - 2003 period. Four major results emerge from the analysis. First, the introduction of the single currency in 1999 has generated an increase in competition among banks, and, as a result, a reduction in underwriting fees. Second, a strong relationship with the issuer's main bank reduces the level of underwriting fees. Third, new issuers are charged with lower underwriter fees relative to firms that have completed issues without building any strong relationship with a bank. Fourth, higher reputation banks charge lower underwriting fees. The implications of these findings are also discussed. © 2008 Blackwell Publishing Ltd.
Johns, R & Perrott, B 2008, 'The impact of internet banking on business‐customer relationships (are you being self‐served?)', International Journal of Bank Marketing, vol. 26, no. 7, pp. 465-482.
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PurposeThe purpose of this paper is to show how technology has dramatically altered the way businesses operate in a business‐to‐business (B2B) context and has had profound influences on services, altering the way services are delivered. It is believed that the increased use of self‐service technologies (SSTs) impacts on B2B relationships. The paper seeks to explore the impact of the use of internet banking on business relationships.Design/methodology/approachThe paper reviews the results and implications of recent exploratory research conducted with a small sample of Australian business bank customers.FindingsIt was expected that perceptions of technology would impact on the relationship. However, it was the perception of the relationship which led respondents to develop a perception of the technology. Further research is recommended.Practical implicationsBanks are encouraging internet banking to reduce service delivery costs and improve service quality for customers. However, a greater understanding of the impact of this on relationships is essential.Originality/valueThe importance of developing and fostering relationships with customers has long been regarded as important within services marketing and also within B2B relationships. However, there is little discussion of the impact of self‐service technologies on business relationships.
Jones, G, Savage, E & Van Gool, K 2008, 'The distribution of household health expenditures in Australia', ECONOMIC RECORD, vol. 84, no. Special, pp. S99-S114.
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Out-of-pocket health expenditures in Australia are high in international comparisons and have been growing at a faster rate than most other health costs in recent years. This raises concerns about the extent to which out-of-pocket costs have constrained access to health services for low income households. Using data from the ABS Household Expenditure Survey 2003-2004, we model the relationships between health expenditure shares and equivalised total expenditure for categories of out-of-pocket health expenditures and analyse the extent of protection given by concession cards. To allow for flexibility in the relationship we adopt Yatchew's semi-parametric estimation technique. This is the first detailed distributional analysis of household health expenditures in Australia. We find mixed evidence for the protection health concession cards give against high out-of-pocket health expenditures. Despite higher levels of subsidy, households with concession cards do not have lower out-of-pocket expenditures than non-cardholder households except for the highest expenditure quintile. Cards provide most protection for GP out-of-pocket expenditures
Kattiyapornpong, U & Miller, KE 2008, 'A practitioner's report on the interactive effects of socio-demographic barriers to travel', Journal of Vacation Marketing, vol. 14, no. 4, pp. 357-371.
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Researchers have viewed constraints as a subset of reasons for not engaging in a particular behavior. This study investigates the impact of two-way interactions between age, income, and life stage (forming groups of more and less constrained respondents) on dependent variables comprising intentions held by Australian residents to travel intrastate, interstate or overseas for a vacation. A representative sample of 49,105 Australian respondents is utilized. Binary logistic regression is used to profile respondents who intend to take a domestic or an overseas holiday of more than three days duration. This paper finds that the interactions between the constraint variables of age, income and life stage are important in explaining travel preferences. Constraint groups are then formed by combining the important constraint variables. There are significant levels of vacation travel by even the most constrained groups as well as significant amounts of non-travel by the least constrained sectors of our society. Marketing insights and recommendations are provided for the most constrained travel group and the least constrained travel group.
Lai, CY & Taylor, SL 2008, 'Estimating and Validating a Firm-Year-Specific Measure of Conservatism: Australian Evidence', Accounting & Finance, vol. 48, no. 4, pp. 673-695.
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We provide new evidence on the asymmetric timeliness with which economic gains and losses are recognized in Australian financial reporting (i.e. conservatism), as well as some of the factors associated with variation in conservatism. We first derive, and
LANDINI, S, DI GUILMI, C & GALLEGATI, M 2008, 'A MAXENT MODEL FOR MACROSCENARIO ANALYSIS', Advances in Complex Systems, vol. 11, no. 05, pp. 719-744.
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In this paper, starting from Jaynes' MaxEnt methodology [10, 11], we follow the original idea of Aoki [1] to implement a canonical MaxEnt inference model for the replication of industrial firms' dynamics over a space of economic states. We develop an aggregate model to infer the distributions of agents at meso level using representative states. In particular, we estimate the access probability for agents in different states consistently with macroscopic economic constraints. The model is calibrated on the basis of a sample of firms, drawn from the AMADEUS database, within the manufacturing industry made up of nine sectors of economic activity from 1995 to 2004, and results come to experimental proof at aggregate macroscopic level.
Landini, S, Di Guilmi, C & Gallegati, M 2008, 'A MaxEnt model for macroscenario analysis', Advances in Complex Systems, vol. 11, no. 5, pp. 719-744.
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In this paper, starting from Jaynes' MaxEnt methodology [10, 11], we follow the original idea of Aoki [1] to implement a canonical MaxEnt inference model for the replication of industrial firms' dynamics over a space of economic states. We develop an aggregate model to infer the distributions of agents at meso level using representative states. In particular, we estimate the access probability for agents in different states consistently with macroscopic economic constraints. The model is calibrated on the basis of a sample of firms, drawn from the AMADEUS database, within the manufacturing industry made up of nine sectors of economic activity from 1995 to 2004, and results come to experimental proof at aggregate macroscopic level. © 2008 World Scientific Publishing Company.
Lau, B, Proimos, A & Wright, S 2008, 'Accounting measures of operating performance outcomes for Australian mergers', Journal of Applied Accounting Research, vol. 9, no. 3, pp. 168-180.
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PurposeThe purpose of this paper is to analyse success at the corporate level for 72 Australian mergers between publicly listed firms during the period 1999‐2004, and to reassess evidence in earlier Australian studies that contrasts findings from other countries which report a decline in post‐merger operating performance.Design/methodology/approachA number of accounting operating performance measures for profitability, cash flow, efficiency, leverage and growth are used to proxy for the success of the merger, which is defined in terms of an improvement in each merged firm's industry‐adjusted operating performance between the pre and post‐merger period. Both non‐parametric and parametric comparisons of these measures are presented.FindingsSome evidence that mergers improve the operating performance of the post‐merger firm is found. Industry adjusted profitability, cash flows, efficiency and leverage measures were higher in the post‐merger period.Research limitations/implicationsThe findings of this study are limited by the small sample size, the focus on listed firms, and the use of only operating financial measures of merger success. Future research could examine more mergers over a longer time period, use alternative methods of performance benchmarking, and use alternative measures of merger success, such as share price performance.Originality/valueAustralian mergers led to improved corporate performance during the period 1999‐2004. This result is consistent with findings in other countries but has not bee...
Ledema, RAM, Mallock, NA, Sorensen, RJ, Manias, E, Tuckett, AG, Williams, AF, Perrott, BE, Brownhill, SH, Piper, DA, Hor, S, Hegney, DG, Scheeres, HB & Jorm, CM 2008, 'The national open disclosure pilot: evaluation of a policy implementation initiative', MEDICAL JOURNAL OF AUSTRALIA, vol. 188, no. 7, pp. 397-400.
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Objective: To determine which aspects of open disclosure 'work' for patients and health care staff, based on an evaluation of the National Open Disclosure Pilot. Design, setting and participants: Qualitative analysis of semi-structured and open-ended interviews conducted between March and October 2007 with 131 clinical staff and 23 patients and family members who had participated in one or more open disclosure meetings. 21 of 40 pilot hospital sites, in New South Wales, South Australia, Victoria and Queensland, were included in the evaluation. Participating health care staff comprised 49 doctors, 20 nurses, and 62 managerial and support staff. In-depth qualitative data analysis involved mapping of discursive themes and subthemes across the interview transcripts. Results: Interviewees broadly supported open disclosure; they expressed uncertainty about its deployment and consequences, and made detailed suggestions of ways to optimise the experience, including careful pre-planning, participation by senior medical staff, and attentiveness to consumers' experience of the adverse event. Conclusion: Despite some uncertainties, the national evaluation indicates strong support for open disclosure from both health care staff and consumers, as well as a need to resource this new practice.
Lin, B-X, Michayluk, D, Oppenheimer, HR & Reid, SF 2008, 'Hubris amongst Japanese bidders', Pacific-Basin Finance Journal, vol. 16, no. 1-2, pp. 121-159.
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We consider the issue of hubris in the Japanese mergers and acquisitions (M&A) market. Although prior research suggests that hubris should be and is less severe in the Japanese market, our findings suggest that it still has a significant presence. Using past (excess) market return as a proxy for the likelihood of hubris, we find that high hubris bidders frequently have negative event period abnormal returns, while low hubris bidders have positive event period abnormal returns. Given the importance of keiretsu in Japan and their similarity to Korean chaebols we consider these results in light of the alternative hypothesis of tunneling, which explains similar results in Korea. Finally we consider whether the results are driven by better performing bidders using acquisitions to pay in stock while poorer performing bidders choose to pay in cash. Our results are largely consistent with the hubris hypothesis where over-confident managers may engage in value-destroying M&A. © 2007 Elsevier B.V. All rights reserved.
Lu, F, Balatbat, M & Czernkowski, RMJ 2008, 'The Role of Consideration in China's Split Share Structure Reform'.
Malmi, T & Brown, DA 2008, 'Management control systems as a package—Opportunities, challenges and research directions', Management Accounting Research, vol. 19, no. 4, pp. 287-300.
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There has been very little explicit theoretical and empirical research on the concept of management control systems (MCS) as a package despite the existence of the idea in management accounting literature for decades. In this editorial we discuss a range of ways researchers have defined MCS and the problems this has created. We provide a new typology for MCS structured around five groups: planning, cybernetic, reward and compensation, administrative and cultural controls. The typology is based on the distinction between decision-making and control and addresses those controls managers use to direct employee behaviour. We discuss the conclusions of the articles included within this special issue and provide ideas for further research. © 2008 Elsevier Ltd. All rights reserved.
Mccarthy, T & Frawley, S 2008, 'Should I stay or should I go? Selecting a date for the Australian Tennis Open', Managing Leisure, vol. 13, no. 2, pp. 115-127.
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In 2005, the Australian Tennis Open (Australian Open) celebrated its 100th year as Australia's leading tennis event. Under the stewardship of the national governing body, Tennis Australia, this major event has experienced a number of organizational challenges over its history. A key challenge faced by Tennis Australia over the past three decades, has been the regular withdrawal of highly ranked tennis players from the tournament year after year. The difficulties faced by Tennis Australia in attracting all of the top men's and women's players each year to the Australian Open prompted the organizers to discuss the option of moving the event to a time more suitable for the players. In 2004, Tennis Australia outlined the possible movement of the Australian Open from the traditional starting time in January to a later start in March. However, after considerable consultation Tennis Australia decided that a move to the later period in the year was not feasible. This paper drawing on a processual analytical framework, inspired by the work of Norbert Elias and Eric Dunning, examines the organizational dynamics that developed and changed over time leading up to the final decision made by Tennis Australia. The study highlights the interconnected and interdependent power relations that were cultivated over time by those stakeholders involved in the Australian Open.
McEwen, C 2008, 'Investing in Play: Expectations, Dependencies and Power in Australian Practices of Community Cultural Development'.
Menzies, GD 2008, 'Can HIPCs Use Hyper-incentives?', Review of Applied Economics, vol. 4, no. 1-2, pp. 113-124.
Menzies, GD 2008, 'Teaching Hypothesis Testing: What is Doubted, What is Tested?', Australasian Journal of Economics Education, vol. 5, no. 1 and 2, pp. 1-9.
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Null hypotheses in undergraduate econometrics courses are usually framed in terms of parameter values or distributions. But relatively simple techniques can also test for violations of good scientific practice. This is neatly illustrated for students by a reinterpretation of an influential paper by Sir Ronald Fisher, where a rejection region is formed on the left tail of a 2 distribution. This idea is extended to situations where dubious models fit 'too well'. In these cases, a high R2 may be taken as evidence that a non-random subset of regressions is being 'adversely selected' for publication.
Menzies, GD & Vines, D 2008, 'The Transfer Problem and Real Exchange Rate Overshooting in Financial Crises: The Role of the Debt Servicing Multiplier', Review of International Economics, vol. 16, no. 4, pp. 709-727.
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We develop a real model of exchange rate overshooting due to a debt servicing multiplier. Borrowers of foreign capital are bound by noncontingent contracts to pay the world rate of return following an adverse shock. This is onerous, since the marginal product of capital is less than the world rate of return and the shock causes some capital to become extra-marginal. If the resultant debt servicing shortfall is met by taxes on workers, this reduces their demand for nontradable goods, which feeds back onto their wage, reducing their demand for nontradable goods, etc. In the short run, when extra-marginal projects are 'stuck' in the economy, the real exchange rate can overshoot. This mechanism may help to explain overshooting of exchange rates in the 1997 Asian financial crisis. © 2008 The Authors Journal compilation © 2008 Blackwell Publishing Ltd.
Messner, M, Clegg, S & Kornberger, M 2008, 'Critical practices in organizations', JOURNAL OF MANAGEMENT INQUIRY, vol. 17, no. 2, pp. 68-82.
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This article deals with the phenomenon of criticism in organizations. Existing organizational literature, where it has addressed criticism, mostly tends to see it as an extraordinary phenomenon. By contrast, in this article, the authors argue that criticism may also originate from strongly embedded and more ordinary practices. Thus, there is a theoretical need for considering those critical practices that are structurally and/or formally institutionalized within the organization. They reflect the organizational status quo and promote a reproduction of existing structures of power/knowledge. Drawing on ideas from practice theory, institutional theory, and Foucault's analytics of power/knowledge regimes, the authors introduce a typology that distinguishes forms of criticism according to the degree to which they are coupled with particular organizational practices, their rationalities, and corresponding power relations. They then focus on those forms of criticism that are strongly linked to organizational practices and illustrate the ambiguous effects of such an 'organization of criticism'
Michayluk, D 2008, 'The rise and fall of single-letter ticker symbols', Business History, vol. 50, no. 3, pp. 368-385.
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A single-letter stock ticker symbol is a limited resource - only 26 possibilities are available in a stock universe of over 475,000 possible one-, two-, three- or four-letter ticker symbols. These symbols were first allocated based on trading volume therefore some of the most important companies at the time were initially placed into this group. This paper examines the history of this group of stocks and documents a decline in the importance of these firms due to a natural turnover in commercial leadership and no established mechanism to remove the single-letter designation from firms that lost their prominence.
Michayluk, D & Neuhauser, K 2008, 'Is liquidity symmetric? A study of newly listed internet and technology stocks', International Review of Finance, vol. 8, no. 3-4, pp. 159-178.
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Imbedded in liquidity measures is an implicit assumption of symmetry. Although market microstructure models rely on this assumption, there may be directional pressure that creates differences in buy and sell liquidity. This paper develops methods of assessing asymmetric liquidity and empirically examines a sample of newly listed Internet and technology stocks that are hypothesized to be especially subject to asymmetry due to the rapid inflation and deflation of the Internet bubble. Evidence of asymmetric liquidity is observed and the level of asymmetry is found to change over time. These findings suggest that the assumption of symmetry is inconsistent with more precisely constructed market liquidity measures
Nguyen, TD, Nguyen, TTM & Barrett, NJ 2008, 'Consumer ethnocentrism, cultural sensitivity, and intention to purchase local products—evidence from Vietnam', Journal of Consumer Behaviour, vol. 7, no. 1, pp. 88-100.
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AbstractThis study empirically investigates the impacts of consumer ethnocentrism and cultural sensitivity on both imported product judgment and intention to purchase local products in the context of a developing country—Vietnam. Structural equation modeling was used to test these impacts, utilizing a sample of 549 consumers. The results show that consumer ethnocentrism is negatively related to imported product judgment and positively related to intention to purchase local products. In addition, cultural sensitivity has a positive relationship with imported product judgment but not with consumer ethnocentrism. The results also indicate that the impacts of consumer ethnocentrism on imported product judgment and on intention to purchase local products are not different in terms of product categories, gender, income, and education levels. However, differences exist between younger and older consumers. Copyright © 2008 John Wiley & Sons, Ltd.
Nguyen, V & Johns, RE 2008, 'New Forms of Employer-Worker Relationships in Australian Universities', The International Employment Relations Review, vol. 14, no. 2, pp. 1-14.
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This paper aims to investigate if the 'high-performance paradigm' and a Unitary Strategic HRM approach of WorkChoices has brought about new forms of employer-worker relationships within Australian universities. In the context of these developments, this paper will first set out to examine the literature to help explain the transition of Australiaâs industrial relations system. The paper will then proceed to outline the qualitative research design before reporting and discussing the results gathered through the undertaking of semi-structured interviews with Human Resource Managers/Directors and/or representatives from Australian universities as well as acclaimed academics within the field. The results highlight that whilst WorkChoices did bring forth a new form of work practice, the new practice did not necessarily promote innovative HRM practices nor did it encourage or cultivate new forms of employer-worker relationships within Australian universities
Nikolova, N & Devinney, TM 2008, 'Influence and Power Dynamics in Client-Consultant Teams', Journal of Strategy and Management, vol. 2, no. 1, pp. 31-55.
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The aim of this paper is to provide a clearer picture of the nature of power imbalance in client-consultant teams, which has negative consequences for the development and implementation of consultantsâ recommendations, and to outline ways how to avoid such an imbalance in the first instance.
Onyx, J, Dalton, B, Melville, R, Casey, J & Banks, R 2008, 'Implications of government funding of advocacy for third‐sector independence and exploration of alternative advocacy funding models', Australian Journal of Social Issues, vol. 43, no. 4, pp. 631-648.
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This paper examines the effect of funding contracts on the capacity of third‐sector organizations to effectively advocate. The relationship is not simple or obvious, with some organizations reporting 'mature relationships' with particular (state) departments, and others reporting difficulty with state or federal government jurisdictions. The paper spells out the negative effects of conflating service funding and advocacy. The paper concludes by exploring alternative institutional arrangements for the resourcing of advocacy including the establishment of a Public Interest Fund administered independently of any government department, one not requiring specific service contracts but rather evidence that it is advocating for the broader public good.
Peden, JG & Schuster, RM 2008, 'Assessing the Transactional Nature of Wilderness Experiences: Construct Validation of the Wilderness-Hassles Appraisal Scale', Environmental Management, vol. 42, no. 3, pp. 497-510.
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This study sought to identify the distinctive elements of wilderness settings that contribute to triggering peak experiences. Thirty-nine participants who had visited wilderness areas were recruited using a voluntary wilderness registration system operated by the Victorian National Parks Service, Australia. Using a postal survey, participants were asked to provide a written response to an open-ended question requesting them to describe, in their own words, a peak experience in the wilderness. A conventional approach to qualitative content analysis of the participants descriptions revealed that the aesthetic qualities of the wilderness setting and being away from the pressures, people, distractions, and concerns of the human-made world were key elements in their peak experiences. To gain an understanding of this phenomenon, the concept and theory of restorative environments was applied to the participants experiences. This analysis indicates that wilderness settings provide a mix of aesthetic pleasure and renewal that can lead to a triggering of peak experiences that provides the basis for individual spiritual expression.
Perrott, BE 2008, 'Knowledge Management from an Industry Perspective', Journal of General Management, vol. 34, no. 1, pp. 55-70.
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Strong forces of competition and globalisation have created awareness and an urgency to focus how organisations control and nurture intellectual capital. The knowledge concept and its management have gained currency and momentum, as technology has enabled thoughts and ideas to be more easily produced and distributed. With the increased application of recent technologies such as the internet, CRM and advanced software capabilities, it has been suggested that the time has come for a debate on a new paradigm for knowledge management. As a contribution to this debate, this paper will examine exploratory research conducted in the Australian private hospital industry with a view to better understand issues related to knowledge management from an industry perspective.
Perrott, BE 2008, 'Managing Strategy in Turbulent Environments', Journal of General Management, vol. 33, no. 3, pp. 21-30.
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Organisations face a challenging future where managers will need to work smarter to achieve growth and profit targets. Senior managers and boards perceive the market-place as becoming more complex and challenging. As environmental turbulence increases, strategic issues that challenge the way an organisation plans and implements its strategy emerge with greater frequency. It also brings into question responsibilities as well as the balance of power and decision-making between those who manage and those who govern. It would be useful for management and board members to discuss perceptions of environmental turbulence from time to time. This would enable a meeting of the minds regarding the strategic position and future directions of the organisation. It would also enable a better understanding of capability appreciation needed to respond to various levels of environmental turbulence. For successful survival, organisations need to balance the conditions of the environment, their business and marketing strategies and their capability to implement them. Hence the tracking, monitoring and management of priority strategic issues becomes an imperative. Strategic issue processing techniques present the opportunity for managers to identify issues and plan appropriate actions that will enable them to maintain an alignment with the demands of the external environment, no matter how turbulent.
Perrott, BE 2008, 'Towards a Model of Transformation: Manager's Perceptions of Transformation in an E-business Environment', Journal of Information & Knowledge Management, vol. 07, no. 02, pp. 63-74.
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In the Entrepreneurial Millennium, companies and industries must come to terms with change. When change is radical, they must manage a metamorphosis by way of transformation. Here industry structures and relationships may change radically where new rules and guidelines are needed to manage the business and its customers in the transformed dimension. Some studies have conducted research and analysed findings according to the transformational impact on the organisations showing that early adopters of e-business show a trend towards cost reductions and administrative efficiencies while more mature users focus on strategic level change and advantage (Ash and Burn, 2003). Other researchers have studied the challenges that major organisations have encountered while expanding their ebusiness transformation strategy (Ranganathan, Shetty and Muthukumaran, 2004). Managers therefore need to develop a better understanding of the theory and processes associated with the transformation in an e-business context. This paper reviews the findings of field research and uses it as a basis to propose a new model of transformation which may guide future research and lead to a better understanding of what is involved in the process.
Pettway, RH, Thosar, S & Walker, S 2008, 'Auctions versus book-built IPOs in Japan: A comparison of aftermarket volatility', Pacific-Basin Finance Journal, vol. 16, no. 3, pp. 224-235.
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In a recent theoretical paper, Sherman [Sherman, A.E., 2005, Global trends in IPO methods: Book building versus auctions with endogenous entry, Journal of Financial Economics 78, 615649.] proposes that: If book building leads to greater expected underpricing relative to uniform price or discriminatory auctions, then it should also lead to less volatility in aftermarket trading. In this paper, we study a Japanese sample and find that book-built IPOs exhibit greater underpricing and higher aftermarket volatility compared to price-discriminatory auctions. Aftermarket volatility wanes with seasoning in both sub-samples, but the book-built volatility levels are persistently higher than those for auctions for as long as one year after the IPO issue date.
Pham, TD, Dwyer, L & Spurr, R 2008, 'Constructing a Regional Tourism Satellite Account: The Case of Queensland', Tourism Analysis, vol. 13, no. 5, pp. 445-460.
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This article presents the results of a scoping study to examine the feasibility of constructing Tourism Satellite Accounts (TSAs) for the regions of Queensland, Australia's primary holiday state. The construction of a regional TSA should not be considered as the end of a process but rather as the beginning of an ongoing process to unfold the importance of the tourism sector at a level relevant to policy makers. Regional TSAs may be expected to generate policy-relevant insights so that tourism activity can be adequately nurtured and stimulated at the right time and right place for sustainable regional economic development. This report presents findings regarding the most suitable methodology for the task, given the available data. The construction of a TSA at the regional level is a complex and potentially expensive task, and the aim of this study has been to propose a methodology that will have long-term application and that can be maintained and updated in an efficient and cost-effective manner. Although set in the context of regional Queensland, the discussion is of general interest for regional tourism stakeholders in destinations worldwide.
Pullen, A & Rhodes, C 2008, 'Dirty writing', Culture and Organization, vol. 14, no. 3, pp. 241-259.
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On 16 August 2006 we watched Life of Grime: New York on Australia's Channel 10 television network. The camera followed a group of 'grime professionals' cleaning up the streets of New York. They cleaned rats, dogs and other peoples' dirt. One guy struck us as particularly interesting. His job was cleaning the streets after suicides. His latest assignment was someone who had recently jumped from an apartment block of 17 floors, a woman. He enjoyed scrubbing the railing which caught her flesh as she fell, the blood fresh on the sidewalk. As he hosed down the street with complete detachment from the dirt he was cleaning, the blood just ran, slipping away - life having already slipped away. The debris was fresh and easy to remove. Stale dirt, hardened blood, crusty flesh is harder to brush away and with it better hydraulics are required to sterilize the streets, he told us. Maybe writing is like this. Ignoring the material(ity) of the dirt. Pretending that it didn't come from real people. Forgetting the damaged lives that produce the dirt. Removing the dirt from view. And our dirt is so encrusted, so hard to sanitize despite our massive cleaning efforts.
Pullen, A & Rhodes, C 2008, ''It's All About Me!': Gendered Narcissism and Leaders' Identity Work', LEADERSHIP, vol. 4, no. 1, pp. 5-25.
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This article develops and illustrates a gendered theorization of narcissism as it relates to the self-identity of leaders in organizations. While the value of existing theories of leadership and narcissism are acknowledged, it is noted that they treat narcissism in an implicitly masculine fashion. In so doing they limit narcissistic leadership identity to relatively aggressive, self-oriented, and domineering forms. To develop a more thorough and nuanced appreciation of the implications of narcissism for leaders' identity work, the article articulates a gendered perspective on narcissism that accounts for forms of leadership that are self-focused but not necessarily traditionally masculine. Four types of leadership narcissism are identified and illustrated: the bully, the star performer, the servant, and the victim. While each of these forms is narcissistic in that identity is associated with the defence of a grandiose self-image (ego ideal) through the admiration of others and the love of the self, they achieve this in markedly different, and gendered, ways. The article concludes by arguing how a gendered reading of narcissism and leadership provides a richer understanding of the narcissistic behaviours of men and women in contemporary organizations.
Rhee, SG & Wang, J-X 2008, 'Foreign Institutional Ownership and Stock Market Liquidity: Evidence from Indonesia', Journal of Banking and Finance, vol. 33, no. 7, pp. 1312-1324.
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From January 2002 to August 2007, foreign institutions held almost 70% of the free-float value of the Indonesian equity market, or 41% of the total market capitalization. Over the same period, liquidity on the Jakarta Stock Exchange improved substantially with the average bidask spread more than halved and the average depth more than doubled. In this study we examine the Granger causality between foreign institutional ownership and liquidity, while controlling for persistence in foreign ownership and liquidity measures. We find that foreign holdings have a negative impact on future liquidity: a 10% increase in foreign institutional ownership in the current month is associated with approximately 2% increase in the bidask spread, 3% decrease in depth, and 4% rise in price sensitivity in the next month, challenging the view that foreign institutions enhance liquidity in small emerging markets. Our findings are consistent with the negative liquidity impact of institutional investor ownership in developed markets.
Rhodes, C & Parker, M 2008, 'Images of organizing in popular culture', ORGANIZATION, vol. 15, no. 5, pp. 627-637.
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Between 1999 and 2004 Playmates Toys Inc. of Costa Mesa, California, released a hugely successful line of plastic fi gurines depicting characters from the animated television series The Simpsons. Under the trademark `The World of Springfi eld, the series featured the cartoon characters in various poses and confi gurations. They were sold as `playsets replete with props and scenery. Playmates Toys is a subsidiary of Playmates Holding Ltd, a company listed on the Hong Kong stock exchange. The toys were manufactured in China and distributed all over the world as part of a global empire of fi gures and collectibles you might even have one in your home. Playmates operated under a license from the 20th Century Fox Film Corporation as just one part of the multi-million dollar merchandising businesses fuelled by the massive popularity of The Simpsons. Indeed, there are many hundreds of organizations licensed to use The Simpsons to market everything from breakfast cereal to board games. You can even purchase Simpsons branded `sugar free chewable omega 3 capsules and various `vitamin products, not to mention the Homer Simpson talking pizza cutter.
Rhodes, C & Pitsis, A 2008, 'Organization and Mimetic Excess: Magic, Critique, and Style', International Studies of Management & Organization, vol. 38, no. 1, pp. 71-91.
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This paper presents a series of connected reflections that consider the process of representation, mimesis, and poiesis in textuality, with a particular focus on writing about management and organizations. The paper juxtaposes and partially connects stories, narrative fragments, and arguments ranging in source from, inter alia, fictionalizations of ancient Rome, reflections on the magical practices of native South Americans, lyrics of popular songs, considerations of Hindu gurus, and the phenomena of guru management books. This assemblage of different yet interconnected texts intends to suggest a critique of popular fashionable management, as well as a critique of its critique elsewhere. The point we arrive at is that management and its scholarship might eschew a desire for being either fashionable or scientific, and instead try just to be stylish.
Rhodes, C, Clegg, SR & Anandakumar, A 2008, 'Ethical Vitality: Identity, Responsibility, and Change in an Australian Hospital', International Journal of Public Administration, vol. 31, no. 9, pp. 1037-1057.
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This article reports and reflects on a narrative ethnographic account of organizational change in a large public hospital in Australia. We describe how the conduct and identity positions of people in the hospital were related to three prevalent discourses; one of authoritarian professionalism, one of collaboration and open disclosure, and one of inspection and retribution. We suggest that the presence of multiple and competing organizational discourses on which to base decisions, highlighted the need for managers to take a personal stake in deciding their own conduct. We propose the notion of ethical vitality as a means of registering the ways that ethical responsibility can only come alive in organizations when people take, and are in a position to take, a reflexive responsibility for their conduct. On this basis, we suggest that the presence of multiple ethical norms and rules in organizations, on a plural model, might actually make people in organizations more rather than less ethically responsible
Richardson, G & Lanis, R 2008, 'Corporate effective tax rates and tax reform: Evidence spanning Australia's Ralph Review of Business Taxation Reform', Australian Tax Forum: a journal of taxation policy, law and reform, vol. 23, pp. 109-123.
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Our study analyzes corporate effective tax rates of Australian firms for two periods: the years preceding the Ralph Review of Business Taxation reform (1996-99), and the years following the tax reform (2001-04). We investigate differences in both the level and variation of corporate effective tax rates during these periods, and also identify firm-specific characteristics that explain the changes in corporate effective tax rates over these periods. Evidence is presented which shows that the Ralph Review tax reform caused a significant reduction in both the level and variation of corporate effective tax rates. Moreover, our regression results indicate that corporate effective tax rates are related to some major firm-specific characteristics in Australia before and after the tax reform, including capital intensity, inventory intensity and R&D intensity. Our results suggest that while one of major objectives of the Ralph Review was to promote equity in Australias corporate tax system, it still appears inequitable at least regarding several of the firm-specific characteristics considered in this study.
Rodgers, J, Siminski, P & Bishop, J 2008, 'Changes in Poverty Rates During the Howard Era', AUSTRALIAN ECONOMIC REVIEW, vol. 42, no. 3, pp. 300-320.
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This paper considers changes in poverty rates under the Howard government. We also make three methodological contributions. Weconsider the statistical significance of estimated changes in poverty. We propose a decomposition technique which reconciles trends inabsolute and relative poverty. We also use ‘poverty profiles’, which clearly illustrate sensitivity to alternative poverty lines. Whilst we areconstrained by the period of comparable data availability (1995-96 to 2002-03), we find statistically significant decreases in absolute poverty(overall and for children) and corresponding increases in relative poverty, which are statistically significant under the most commonlyused poverty line: half of median income.
Rösch, D & Scheule, H 2008, 'Downturn LGD for Hong Kong mortgage loan portfolios', The Journal of Risk Model Validation, vol. 2, no. 4, pp. 3-11.
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Recent studies find a positive correlation between default and loss given default (LGD) rates for credit portfolios. In response, financial regulators require financial institutions to base their capital on the downturn loss rate given default, which is also known as downturn LGD. This paper compares alternative concepts for the downturn LGD of Hong Kong mortgage loan portfolios.
Sainty, R 2008, 'Career Decision-Making and Corporate Responsibility', Australian Journal of Career Development, vol. 17, no. 2, pp. 47-53.
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This paper seeks to investigate the extent of influence of corporate (or organisational) responsibility on university students' career decision-making. It reports on a pilot study conducted at the University of Sydney which aims to: explore students' ethical, professional and social understanding regarding corporate responsibility; determine the importance of these issues relevant to other career values in career decision-making and choice of employer; understand on what basis students currently judge employers on these issues and how these career decisions are arrived at, and finally identify gaps in current careers resources with the aim of using this information to develop relevant resources. Findings include a strong awareness of the elements of corporate responsibility regarding career decision-making with implications for employers, careers practitioners and theorists.
Sainty, R 2008, 'Federally funded national project — corporate responsibility and SMEs', Keeping Good Companies, vol. 60, no. 7, pp. 390-391.
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The article discusses the findings of a national research project exploring responsible business practice in small to medium enterprises (SMEs). It highlights the potential contribution of SMEs and their role in to responsible business practice and corporate social responsibility (CSR)
Sandhu, R, Baxter, J & Emsley, D 2008, 'The Balanced Scorecard and its Possibilities: The Initial Experiences of a Singaporean Firm', Australian Accounting Review, vol. 18, no. 1, pp. 16-24.
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This paper examines the multiple possibilities that arise from the translation of actors' hopes and aspirations when implementing a balanced scorecard. The issue is studied in the context of a Singaporean security company in the initial stages of implementing a BSC. We find that the BSC is a ‘messy’ object, being different things to different people. This messy object is a result of the many possibilities that the BSC might become which ultimately require translating into the local setting. As such, this view challenges Kaplan and Norton's idea of the BSC as a generic and unitary object of performance measurement that is readily applicable to a variety of situations.
Segrist, KA 2008, 'Impact of Support Groups on Well-Being of Older Women', Journal of Gerontological Social Work, vol. 51, no. 1-2, pp. 42-52.
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The goal of this study was to determine whether differences in incidence of depression and level of well-being are manifested between older women, aged 60 and older, who attend either (a) a peer-run support group, (b) a staff-run support group, or (c) a comparison group (i.e., who do not attend a support group). Thirty-six women participating in peer-run and staff-run support groups and 9 women receiving nongroup support were administered the Geriatric Depression Scale and the Philadelphia Geriatric Center Morale Scale. Separate analyses of variance were employed on each scale to determine the significance of differences in scores according to facilitator type (i.e., peer-run vs. staff-run vs. comparison group). Analysis of scores on the Geriatric Depression Scale indicated significant differences between women in the peer-run groups and women in the comparison group, but no significant differences between women in the peer-run groups and women in the staff-run groups or between women in the staff-run groups and women in the comparison group. Analysis of scores on the Philadelphia Geriatric Center Morale Scale did not indicate any significant differences between women based on facilitator type. Results of this study have implications for those who run face-to-face support groups for older adults, for those who train peer group facilitators, and for community agencies that desire to initiate a support group system for their clientele.
Shan, Y, Taylor, SL & Walter, TS 2008, 'The Role of Non-Accounting Information in Understanding Stock Return Volatility'.
Siminski, P 2008, 'Order Effects in Batteries of Questions', Quality and Quantity, vol. 42, no. 4, pp. 477-490.
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Siminski, P 2008, 'The Price Elasticity of Demand for Pharmaceuticals amongst High Income Older People in Australia: A Natural Experiment', Applied Economics, vol. 43, no. 30, pp. 4835-4846.
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This paper estimates the price elasticity of demand for pharmaceuticals amongst high-income older people in Australia. It exploits a natural experiment by which some people gained entitlement to a price reduction through the Commonwealth Seniors Health Card (CSHC). To the author’s knowledge, this is the first study of the price elasticity of demand for pharmaceuticals amongst older people that draws on a natural experiment with a control group. The preferred model is a nonlinear Instrumental Variable (IV) difference-in-difference regression, estimated on nationally representative repeated cross sectional survey data using the Generalised Method of Moments. No significant evidence is found for endogenous card take-up, and so cross-sectional estimates are also considered. Taking all of the results and possible sources of bias into account, the ‘headline’ estimate is -0.1, implying that quantity demanded is not highly responsive to price
Siminski, P, Bezzina, AJ, Lago, LP & Eagar, K 2008, 'Primary care presentations at emergency departments: rates and reasons by age and sex', Australian Health Review, vol. 32, no. 4, pp. 700-700.
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Primary care presentations at emergency departments(EDs) have been the subject of muchattention in recent years. This paper is a demographicanalysis using administrative data fromthe Emergency Department Information System(EDIS) for 2005 of such presentations in NewSouth Wales EDs and of self-reported reasons forpresentation. Age and sex differences in the reasonsgiven by patients for such presentations areanalysed using data from a survey of patientsconducted in a subset of EDs in 2004.The rate of ?potential primary care? presentationsvaries greatly with age and to a lesser extent withsex. Almost half (47%) of these presentations aremade by people under 25 years of age. Childrenaged 0?4 years account for 14% of the total. Thepattern is distinctly different to the correspondingrate of ED presentations that do not fit the ?potentialprimary care? definition. Reasons given for ?potentialprimary care? presentations are consistentacross all age groups, reflecting self-assessedurgency, access to diagnostics and self-assessedcomplexity. Older ?primary care? patients are particularlyunlikely to give reasons associated with GPaffordability or availability for their presentations.Young adults? responses are consistent with theoverall population, and children under the age offive seem most susceptible to availability issues.
Siminski, P, Eagar, K, Lago, L & Bezzina, A 2008, 'Trends in Primary Care Presentations at Emergency Departments in New South Wales (1999–2006)', Australian Journal of Primary Health, vol. 14, no. 3, pp. 35-35.
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This paper examines trends in potential 'primary care' presentations at emergency departments (ED), comparing these with other ED presentations and to primary care attendances in the community. The study draws on EDIS data (Emergency Department Information System), which, at December 2005, covered 76% of attendances in New South Wales, and from Medicare Australia MBS data. Annual counts of potential primary care presentations to EDs are compared with those of other ED presentations and to primary care presentations in the community. Changes in the percentage of ED presentations that are potentially for primary care are examined, as are changes in the percentage of total primary care presentations seen in EDs. Trends in age standardised presentation rates are also calculated for each of the three series. Primary care presentations at EDs increased marginally in the period under consideration, as did primary care presentations in the community. There was a substantial increase in other ED presentations. The proportion of ED presentations potentially for primary care decreased over the period. The proportion of primary care presentations seen in EDs and the proportion seen in the community changed little. Decline in the proportion of potential primary care presentations to EDs may have been impacted by new guidelines for the application of triage categories in 2001. However, trends over time do not show acute alterations and they continue to hold for the subsequent period after introduction of new guidelines. Primary care presentations at EDs are not responsible for recent changes to ED overcrowding in New South Wales, at least not for hospitals covered in the EDIS database. Future research might consider more specific trends in rural EDs.
Sivabalan, P & Brown, DA 2008, 'To plan and control', In the Black, vol. April.
Slonim, R & Garbarino, E 2008, 'Increases in trust and altruism from partner selection: Experimental evidence', Experimental Economics, vol. 11, no. 2, pp. 134-153.
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Teo, STT, Lakhani, B, Brown, D & Malmi, T 2008, 'Strategic human resource management and knowledge workers', Management Research News, vol. 31, no. 9, pp. 683-696.
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PurposeThe purpose of this paper is to examine the impact of adopting a strategic approach to human resource management (HRM) in professional service firms (PSFs). It provides the empirical evidence by comparing and contrasting the adoption of a strategic approach to HRM in two Australian PSFs.Design/methodology/approachA qualitative case study approach is adopted. Data were collected from multiple sources. The secondary sources comprised annual reports, press releases and industry reports. In total, 40 semi‐structured interviews were conducted with senior partners, professional staff, HR managers and ex‐employees of the two firms.FindingsThe findings suggest that differences in the performance of PSFs could be explained by organizational control systems such as personnel and cultural controls. The qualitative data generated by the two PSF cases provided evidence to support the notion that strategic human resource management is an important factor in explaining firm performance. Our findings provide empirical support for the importance of strategic approaches to HRM.Research limitations/implicationsOne limitation of this study is the adoption of case study method, the findings of which cannot be generalized to a wider population. Thus, the study provides only a limited body of accumulated knowledge. Future studies could adopt a longitudinal research design to test the relationships between HRM systems, control systems and firm performance.Practical implicationsTo be competitive, PSFs must restructure their ...
Turcotte, M, Clegg, SR & Marin, J 2008, 'Enacting Ecological and Collaborative Rationality through Multi-Party Collaboration', International Journal of Innovation and Sustainable Development, vol. 3, no. 3/4, pp. 234-261.
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The article presents the case study of a partnership between a metallurgy company and an NGO concerned with environmental protection. The partnership constituted an attempt to reconcile the firm's economic objectives with those of the citizens who lived in the area on which it had an ecological impact. Driven by high ideals, the multistakeholder partnerships were an innovation inspired by the ideal speech situation theory and a focus on learning and innovation. The partnership seemingly created an arena defined by norms of 'disinterested rationality' with an objective of innovating and progressing toward sustainable development. The partnership had only a marginal influence on the firm's activities, which were mainly determined by market forces and economic logic. The article concludes with a rather critical perspective on the outcomes of the case in terms of learning, innovation and change, with a theoretical lens inspired by theories on learning, legitimacy and power. The article contributes to the understanding and definition of legitimacy in a polyphonic context, where different views coexist or confront. Legitimacy is neither an outside nor static institutional feature, but rather resembles a kaleidoscope of perceptions that are defined, temporarily granted and redefined through discursive interactions. In such a context, moral arguments are confronted with other moral arguments while actors redefine their knowledge and cognitive frameworks. Practical recommendations are formulated for the convenors of multistakeholders partnerships, activist groups and firms.
Turcotte, MB, Antonova, S & Clegg, SR 2008, 'Power and learning in managing a multi‐stakeholder organization: an initiative to reduce air pollution in Ontario, Canada, through trading carbon credits', Journal of Power, vol. 1, no. 3, pp. 317-337.
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The paper explores a case study of a multi-party collaboration that used learning in an inter-organizational context to address an environmental problem by experimenting with emission reduction credits trading. Learning was associated with politics: individual learning with non-decision-making or two-dimensional power, while inter-organizational learning with three-dimensional power and the construction of hegemony, while strategic institutional learning occurred through the creation of obligatory passage points.
Turcotte, MFB, Clegg, SR & Marin, J 2008, 'Enacting ecological and collaborative rationality through multiparty collaboration – a case of innovation in governance', International Journal of Innovation and Sustainable Development, vol. 3, no. 3/4, pp. 234-234.
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The article presents the case study of a partnership between a metallurgy company and an NGO concerned with environmental protection. The partnership constituted an attempt to reconcile the firm's economic objectives with those of the citizens who lived in the area on which it had an ecological impact. Driven by high ideals, the multistakeholder partnerships were an innovation inspired by the ideal speech situation theory and a focus on learning and innovation. The partnership seemingly created an arena defined by norms of 'disinterested rationality' with an objective of innovating and progressing toward sustainable development. The partnership had only a marginal influence on the firm's activities, which were mainly determined by market forces and economic logic. The article concludes with a rather critical perspective on the outcomes of the case in terms of learning, innovation and change, with a theoretical lens inspired by theories on learning, legitimacy and power. The article contributes to the understanding and definition of legitimacy in a polyphonic context, where different views coexist or confront. Legitimacy is neither an outside nor static institutional feature, but rather resembles a kaleidoscope of perceptions that are defined, temporarily granted and redefined through discursive interactions. In such a context, moral arguments are confronted with other moral arguments while actors redefine their knowledge and cognitive frameworks. Practical recommendations are formulated for the convenors of multistakeholders partnerships, activist groups and firms. Copyright © 2008, Inderscience Publishers.
van de Venter, G & Michayluk, D 2008, 'An Insight into Overconfidence in the Forecasting Abilities of Financial Advisors', Australian Journal of Management, vol. 32, no. 3, pp. 545-557.
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Financial market participants exercise judgment in decision making and psychological studies have shown that individuals are overconfident about their ability to evaluate financial securities. Range estimation calibration studies indicate that individuals tend to estimate narrow intervals in their estimation of unknown future quantities, suggesting overconfidence. Financial planners have an inherent duty of care and this may lead these individuals to behave differently in their estimation methodology and behaviour. From a survey of Australian financial planners, we find extensive overconfidence in respondents' ability to make judgements under uncertainty as shown by a narrow range of forecasts and a substantial number of inaccurate predictions. The overconfidence is present both when comparing estimates to the ex-post outcome of a predicted quantity and to an interval based on historical return volatility.
Van Doorslaer, E, Clarke, P, Savage, E & Hall, J 2008, 'Horizontal inequities in Australia's mixed public/private health care system', HEALTH POLICY, vol. 86, no. 1, pp. 97-108.
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Recent comparative evidence from OECD countries suggests that Australia's mixed public-private health system does a good job in ensuring high and fairly equal access to doctor, hospital and dental care services. This paper provides some further analysis of the same data from the Australian National Health Survey for 2001 to examine whether the general finding of horizontal equity remains when the full potential of the data is realized. We extend the common core cross-country comparative analysis by expanding the set of indicators used in the procedure of standardizing for health care need differences, by providing a separate analysis for the use for general practitioner and specialist care and by differentiating between admissions as public and private patients. Overall, our analysis confirms that in 2001 Medicare largely did seem to be attaining an equitable distribution of health care access: Australians in need of care did get to see a doctor and to be admitted to a hospital. However, they were not equally likely to see the same doctor and to end up in the same hospital bed. As in other OECD countries, higher income Australians are more likely to consult a specialist, all else equal, while lower income patients are more likely to consult a general practitioner. The unequal distribution of private health insurance coverage by income contributes to the phenomenon that the better-off and the less well-off do not receive the same mix of services. There is a risk that - as in some other OECD countries - the principle of equal access for equal need may be further compromised by the future expansion of the private sector in secondary care services. To the extent that such inequalities in use may translate in inequalities in health outcomes, there may be some reason for concern. © 2007 Elsevier Ireland Ltd. All rights reserved.
van Gool, K, Savage, E, Viney, R, Haas, M & Anderson, R 2008, 'Who's Getting Caught? An Analysis of the Australian Medicare Safety Net', Australian Economic Review, vol. 42, no. 2, pp. 143-154.
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The Medicare Safety Net (MSN) was introduced in March 2004 to provide financial relief for those who incur high out-of-pocket costs from medical services. The policy has the potential to improve equity. This study examines: (i) how the health and income profiles of small areas influence MSN expenditure; and (ii) the distribution of expenditure by medical service type. The results indicate that MSN expenditure is positively related to income and that patients who use private obstetricians and assisted reproductive services are the greatest beneficiaries. The MSN has possibly created greater inequities in Australia's health-care financing arrangements.
van Iterson, A & Clegg, SR 2008, 'The politics of gossip and denial in interorganizational relations', HUMAN RELATIONS, vol. 61, no. 8, pp. 1117-1137.
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Organizational gossip has largely been discussed in terms of effects at the individual level. In this article we turn our attention to the organization level. The article makes a research contribution that addresses gossip that spreads fact-based rumours about organizations in terms of their shifting role in circuits of power. The research question asks what happens when organizations officially formulate themselves as doing one thing while other organizational actors that are influential in significant organizational arenas (in which these formulations circulate) counter that these formulations are patently false. Theoretically, we draw on the literature on organizational gossip and rumour as well as on the politics of non-decision-making. Our argument is advanced by reference to a case study of the Australian Wheat Board and UN Resolution 661. Basically, organizational gossip plays a key role in the production of interorganizational power dynamics, an insight previously neglected.
van Marrewijk, A, Clegg, SR, Pitsis, TS & Veenswijk, M 2008, 'Managing public–private megaprojects: Paradoxes, complexity, and project design', International Journal of Project Management, vol. 26, no. 6, pp. 591-600.
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Recent studies show that despite their growing popularity, megaprojects - large-scale, complex projects delivered through various partnerships between public and private organisations - often fail to meet costs estimations, time schedules and project outcomes and are motivated by vested interests which operate against the public interest. This paper presents a more benign and theoretically-grounded view on what goes wrong by comparing the project designs, daily practices, project cultures and management approaches of two recent megaprojects in The Netherlands and Australia, showing how these projects made sense of uncertainty, ambiguity and risk. We conclude that project design and project cultures play a role in determining how managers and partners cooperate to achieve project objectives to a greater or lesser extent. © 2007 Elsevier Ltd and IPMA.
Waller, DS, Christy, TP & Fam, K-S 2008, 'Perceptions of Offensive Advertising Elements: A China–U.S. Comparison', Journal of East-West Business, vol. 14, no. 3-4, pp. 325-343.
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© 2008 by The Haworth Press. All rights reserved. As China continues to rapidly expand and further open itself to market forces, the People’s Republic arouses significant interest as a new mega-market. Consequently, the influx of new business opportunities and advertising has resulted in Chinese consumers increasingly exposed to potentially offensive advertising. While some products and images may seem acceptable when advertised in the West, there are some that may offend Chinese cultural sensitivities. The purpose of this study is to better understand similarities and differences that exist between American and Chinese perceptions surrounding offensive advertising. The results highlight a number of statistical cultural differences that have business implications for international marketers.
Walsh, K & Tan, D 2008, 'Monetary Policy Surprises and the Bank Bill Term Premium', Australian Journal of Management, vol. 33, no. 2, pp. 231-260.
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Has Australia's shift to an inflation-targeting monetary policy regime had a significant impact on investors' perception of interest-rate risks in the market? We find that since 1990, unanticipated adjustments to monetary policy have had a significantly larger impact on the term premium. This coincides with Australia's adoption of an inflation-targeting monetary policy. Since its implementation, unanticipated adjustments have conveyed more information to financial markets regarding the interest-rate risks in the economy. This new information is immediately assessed and accounted for in the term structure, consequently influencing the term premium in the direction of the unanticipated cash rate adjustment.
Wang, J-X & Yang, M 2008, 'Housewives of Tokyo versus the Gnomes of Zurich: Measuring Price Discovery in Sequential Markets', Journal of Financial Markets, vol. 14, no. 1, pp. 82-108.
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This paper presents two methods to measure market-specific contributions to price discovery in non-overlapping sequential markets: one is a non-parametric approach using high-frequency data and the other is a structural VAR model based on open-to-close returns. The methods complement the existing methodologies for comparing price discovery in parallel markets. Using these methods, we estimate the information shares of four sequential markets for the trading of AUD, JPY, EUR, and GBP against USD over an eight-year period. We find that price discovery in the foreign exchange markets are still dominated by Europe and the United States, particularly the London New York overlapping trading hours. Asia is losing information shares to Europe in the trading of AUD and JPY. The significance of the "housewives of Tokyo" in currency trading may have been overstated.
Wang, P, Gudergan, S & Lings, I 2008, 'The role of product involvement in e-service evaluations', International Journal of Electronic Marketing and Retailing, vol. 2, no. 1, pp. 59-59.
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This paper provides conceptual and empirical insights into consumers' evaluations of online services and their consequent behavioural intentions. We show that behavioural intentions in online contexts are driven primarily by two factors, namely online service satisfaction and perceived service quality. Perceived sacrifice and service quality are found to have an indirect effect on online service satisfaction through their influences on perceived value associated with the online service. In addition, we examine the moderating effects of product involvement and discuss the implications of our research findings.
Wearing, SL & Lyons, K 2008, 'Submission to the Ministerial Task Force into Tourism and NSW National Parks', Australasian Parks and Leisure, vol. 11, no. 3, pp. 36-38.
Wearing, SL, Goodall, H, Byrne, D & Kijas, J 2008, 'Cultural diversity in the social valuing of parklands: Networking communities and park management', Australasian Parks and Leisure Journal, vol. 11, no. 2, pp. 20-29.
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The paper focuses on cultural diversity and the social valuing of parkland as a consequence of local urban park use. The paper is based on a study investigating whether the social values attributed to parklands are intrinsic, are generated by the cultural perspectives of the different communities who use them, or are simply generated by management approaches. The study assesses the perceptions and uses of public open space by Aboriginal, Anglo-Australian and recently migrated communities inside and outside park boundaries in the Georges River area. The preliminary results of this study identifies the impacts on each cultural group, how these groups value the public open spaces in their area and how they respond to current management approaches. The paper concludes with an outlook on how to develop research tools to support and encourage a multicultural approach to park management and create community networks that recognise opportunities and provisions at parks in an ethnically diverse multicultural Australia.
Woodside, AG, Sood, S & Miller, KE 2008, 'When consumers and brands talk: Storytelling theory and research in psychology and marketing', PSYCHOLOGY & MARKETING, vol. 25, no. 2, pp. 97-145.
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Storytelling is pervasive through life. Much information is stored, indexed, and retrieved in the form of stories. Although lectures tend to put people to sleep, stories move them to action. People relate to each other in terms of stories - and products and brands often play both central and peripheral roles in their stories. To aid storytelling research in consumer psychology, this article develops a narrative theory that describes how consumers use brands as props or anthropomorphic actors in stories they report about themselves and others. Such drama enactments enable these storytellers to experience powerful myths that reflect psychological archetypes. The article includes findings from case study research that probes propositions of the theory. Implications for consumer psychology and marketing practice follow the discussion of the findings. © 2008 Wiley Periodicals, Inc.
Xiao, J 2008, 'Markov Perfect Equilibrium in the US digital camera market', International Journal of Industrial Organization, vol. 26, no. 5, pp. 1233-1249.
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This paper examines the model launch and withdrawal decisions of the major digital camera makers for the period 1996-1999. These manufacturers produce differentiated products and some have the experience of participating in a similar market-the film camera market. This paper investigates to what extent the following four factors affect firms' decisions to launch a new model of digital camera: the effects of competition with "within-brand" models; the effects of competition with "cross-brand" models; the level of experience in the film camera market; and market conditions. The empirical findings suggest that good market conditions can accommodate more products, which has a positive effect on product launches. On the other hand, existing cross-brand models have a negative effect on product launches, while within-brand models and experience in similar markets have an ambiguous effect on product launches. © 2008 Elsevier B.V. All rights reserved.
Xiao, J 2008, 'Technological advances in digital cameras: Welfare analysis on easy-to-use characteristics', Marketing Letters, vol. 19, no. 2, pp. 171-181.
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This paper examines the characteristics attributed to the success of digital cameras by studying both the demand and the supply sides of the digital-camera market. A discrete choice model is employed to investigate consumer preferences over digital camera characteristics during the period 1996-1998. The empirical findings reveal that Sony's 'Easy-to-Use' storage system contributes significantly to Sony's demand advantage and profitability. Also, the welfare analysis demonstrates that 'Easy-to-Use' attributes significantly contribute to social welfare improvement. © Springer Science + Business Media, LLC 2008.
Zyglidopoulos, SC & Fleming, PJ 2008, 'Ethical Distance in Corrupt Firms: How Do Innocent Bystanders Become Guilty Perpetrators?', Journal of Business Ethics, vol. 78, no. 1-2, pp. 265-274.
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This paper develops the concept of the 'continuum of destructiveness' in relation to organizational corruption. This notion captures the slippery slope of wrongdoing as actors engage in increasingly dubious practices. We identify four kinds of individuals along this continuum in corrupt organizations, who range from complete innocence to total guilt. They are innocent bystanders, innocent participants, active rationalizers and guilty perpetrators. Traditional explanations of how individuals move from bystander status to guilty perpetrators usually focus on socialization and institutional factors. In addition to these factors, we propose that the very distance between an act and its ethical consequences (ethical distance) may also play a determining role - if not always in the same way - in the transition process. Having developed this conceptual argument, we conclude with a discussion of managerial and research implications. © 2007 Springer Science+Business Media B.V.
Adriaanse, JA 1970, 'Roadmap to Sydney IWG Conference 2010', Promoting equality in sport towards Sydney 2010, Finland.
Agarwal, R & Selen, W 1970, 'Coordination, integration and alignment as enablers for building sustainable service value networks', VI. International Logistics and Supply Chain Management Congress, VI.INTERNATIONAL LOGISTICS & SUPPLY CHAIN CONGRESS, LODER, Istanbul, Turkey, pp. 1-8.
Bairstow, GC, Brown, PJ & Lanis, R 1970, 'The impact incentive types on organisational performance in anglo cultures: a reply to Drake, Haka and Ravenscroft (1999)', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-48.
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Experimental research suffers from biases introduced by experiment design choices, such as the choice of alternative incentive and reward structures. We propose that framing rewards in a broader typology when researchers make decision about which reward structures to use in an experiment will minimise the potential for a false choice bias. To highlight this problem we replicate Drake, Haka and Ravenscrofts (1999) incentive structure experiment using a simpler, more theory driven design. Drake et al (1999) propose that organisational performance maybe be better if group compensation is given in preference to individualistic compensation, within the context of an information rich environment (using activity based costing). In particular, Drake et al (1999) apply an experimental research design to test that proposition using U.S. MBA students. Their results suggest that, ceteris paribus, given a group in preference to an individualistic incentive scheme, innovation, efficiency and profitability may improve. We argue that this conclusion is inconsistent with the incentive structure choices faced by managers, the societal values of the U.S., culture and agency theories in general. A possible explanation for Drake et als (1999) result is the use of a tournament incentive scheme as the basis for individual compensation. As such, we replicate the Drake et al (1999) experiment using Australian university students and an individual profit incentive scheme as the basis for individual compensation. Our results, in contrast to Drake et al. (1999), indicate that given an individual in preference to group incentive scheme, task performance improves in an information rich environment. This experiment highlights the false choice bias that reduces the generalizability of experimental research in general and highlights the value of propositions couched in a broader reward typology.
Baker, E, Kan, MM, Teo, ST, Onyx, J, Grant, T & Zowghi, D 1970, 'Managing sustainable non-profit network organizations', Proceedings of the Annual Conference of the Administrative Sciences Association of Canada, Annual Conference of the Administrative Sciences Association of Canada, Administrative Sciences Association of Canada, University of Ottawa, Canada, pp. 118-128.
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We draw upon a case study conducted within a non-profit network organization to propose five dualities which are central to understanding effective management of non-profit networks. We then examine strategies that address these dualities, based on new approaches to leadership, performance measurement, governance, coaching and creative management of dualities.
Becker, H, van Iterson, A & Clegg, SR 1970, 'Strategies of secrecy in organizations: A framework for interpreting concealment, revelation and gossiping in the work place', Stream 30: Evil tongues at Work? The Unmanaged Space/S of Organizational Gossip, Stream 30: Evil tongues at Work? The Unmanaged Space/S of Organizational Gossip, EGOS 2008, Amsterdam.
Booth, PJ, Brown, DA & Sundin, HJ 1970, 'Perspectives on multiple stakeholders and management control systems: institutional and stakeholder theory: friend or foe?', Program of American Accounting Association Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association (AAA), Anaheim, USA.
Brown, DA & Sutton, NC 1970, 'Management control systems in enabling university research performance', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-35.
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The purpose of this study is to investigate how management control systems (MCS) are used to enable university research performance at the operating level. At the sector level, institutionally framed research within New Public Management literature has observed the more uniform use of managerialist and programmed approaches to university research management. However, empirical contingent studies within the private sector Research and Development setting have substantiated how such approaches are ineffective in enabling operating level research performance. Drawing on both literatures, as well as wider MCS package research, this paper uses an exploratory case study to examine two high performing faculties with contrasting research characteristics. From these micro-level accounts, the paper develops a conceptual model demonstrating how a combination of institutional and technical factors contributes to the use of MCS. A similar complementary package of socioideological, administrative and incentive controls is used to satisfy the diverging managerial and collegial institutional interests within each operating unit. However, managers tailor the use of these categories of controls to suit their respective particular research cultures and contexts in order to enable university research performance.
Brown, DA, Malmi, T & Booth, PJ 1970, 'Loose coupling theory of management control systems', Program of American Accounting Association Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association (AAA), Amaheim, USA.
Brown, DA, Petroulas, E & Sundin, HJ 1970, 'Management control systems and generational differences: An exploratory case study of a professional services firm', 31st Annual Congress European Accounting Association Conference Website Papers, Annual Congress of European Accounting Association, European Accounting Association (EAA), Rotterdam, Netherlands, pp. 1-36.
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This research investigates how generational culture is reflected in the design and use of Management Control Systems (MCS) within a Professional Services Firm. Literature suggests that each generation has its own characteristics or culture. This culture gives rise to preferences within each generation that potentially impact how they interface in organizations and impact the design, use and effectiveness of MCS. This issue is come to the fore in the current tight labour market and especially in accounting firms. The paper adopts an exploratory case study approach of a Big 4 Accounting Firm. The research demonstrates that generational culture has been an influential factor in the case firms MCS design. In doing so it provides insights as to how organisations can design their MCS in order to satisfy the preferences of different generations. Furthermore, the research shows that the firm aligned the MCS design to the preferences of Generation Y and explains why this was done. This improved retention rates in a tight labour market. However, it also raises concerns that this design may be at the detriment to the firm through changes in firm culture, creation of conflict between generations, and a problems with the performance of Generation Y.
Brown, DA, Petroulas, E & Sundin, HJ 1970, 'Management control systems and generational differences: An exploratory case study of a professional services firm', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-36.
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This research investigates how generational culture is reflected in the design and use of Management Control Systems (MCS) within a Professional Services Firm. Literature suggests that each generation has its own characteristics or culture. This culture gives rise to preferences within each generation that potentially impact how they interface in organizations and impact the design, use and effectiveness of MCS. This issue is come to the fore in the current tight labour market and especially in accounting firms. The paper adopts an exploratory case study approach of a Big 4 Accounting Firm. The research demonstrates that generational culture has been an influential factor in the case firms MCS design. In doing so it provides insights as to how organisations can design their MCS in order to satisfy the preferences of different generations. Furthermore, the research shows that the firm aligned the MCS design to the preferences of Generation Y and explains why this was done. This improved retention rates in a tight labour market. However, it also raises concerns that this design may be at the detriment to the firm through changes in firm culture, creation of conflict between generations, and a problems with the performance of Generation Y.
Bruti Liberati, N, Nikitopoulos Sklibosios, C & Platen, E 1970, 'Monte-Carlo simulations of alternative defaultable term structure models', Bachelier Finance Society 5th World Congress, London, UK.
Burke, PF 1970, 'Marketing Better Driving Through Communication and Penalties', XXX INFORMS Marketing Science Conference, XXX INFORMS Marketing Science Conference, Sauder School of Business, The University of British Columbia, Sauder School of Business, The University of British Columbia, pp. 83-83.
Burke, PF, Auger, P, Devinney, TM & Louviere, JJ 1970, 'Evaluating the valuation of ethical features', International Centre for Anti Consumption Research (ICAR) Conference, International Centre for Anti Consumption Research, Faculty of Economics and Business, The University of Sydney, Faculty of Economics and Business, The University of Sydney, pp. 1-8.
Casavecchia, L 1970, 'The impact of the interaction of managers and clients on market price', Third International Conference on Mathematics in Finance, Kruger National Park, South Africa.
Casavecchia, L & Scotti, M 1970, 'Strategic pricing of mutual funds and the flow-performance relation', Paul Woolley Centre for Capital Market Dysfunctionality Conference 2008, Sydney, Australia.
Cashman, R 1970, 'The Australian Olympic Caravan in Beijing', Pathways: Critiques and Discourse in Olympic Research, International Symposium for Olympic Research, The International Centre for Olympic Studies, Beijing, China, pp. 509-519.
Cashman, R 1970, 'The Sydney Olympic Park Model: Evolution and Realisation', Connecting Cities: Mega Event Cities, Sydney Olympic Park Authority, Sydney, pp. 21-41.
Chelliah, J & Pitsis, TS 1970, 'Power sharing in progressive discipline: New rules of engagement arising from an Australian perspective', Proceedings of International Conference on Business and Information, International Conference on Business and Information, Academy of Taiwan Informaion Systems Research, Seoul, South Korea, pp. 1-16.
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The aim of this exploratory study is to apply the lens of power to the understanding of progressive discipline in Australian workplace contexts. Using data from the Australian Industrial Relations Commission, we analysed the outcomes of 78 unfair dismissal cases across 17 industries over a four-year period (1997-2000). We found that the application of progressive discipline on employees is concentrated around industry and occupational class. Specifically, it shows that occupational classes such as unskilled, skilled, and sales staff are more susceptible to disciplining by employers. It raises the awareness of the immense power the employer derives from the use of progressive discipline over employees and implications in the new environment of on-going labour deregulation and the lack of statutory intervention to ameliorate the growing power imbalance.
Chelliah, J, Nikolova, N & Davis, D 1970, 'Gaining the competitive edge: The key to successful client consultant relationships', Managing in the Pacific Century: Proceedings of the the 22nd Annual Australian and New Zealand Academy of Management Conference, Australian and New Zealand Academy of Management Conference, ANZAM, Auckland, New Zealand, pp. 1-21.
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This paper reveals the lack of discovery of the interrelationships between the various factors identified as key factors in building successful in client-consultant relationships. Masterful management of these success factors could lead to fruitful outcomes for both clients and consultants alike. In addition, consultants mastering these factors could gain a competitive advantage in a highly competitive profession. This paper reviews both academic and practitioner literature in relation to factors that are seen as impacting significantly on consulting assignment outcomes for both client and consultant and highlights the dearth of research surrounding the investigation of the interplay, connectedness and relationship between the various factors identified in isolation in the existing literature. In addressing this gap, a conceptual framework is proposed with a broad research agenda with seven propositions to establish the linkages between the significant success factors identified in the literature. This paper makes a unique contribution towards future research in this respect through the provision of a clear conceptual framework and robust research agenda.
Clear, T, Edwards, J, Lister, R, Simon, B, Thompson, E & Whalley, J 1970, 'The teaching of novice computer programmers: Bringing the scholarly-research approach to Australia', Conferences in Research and Practice in Information Technology Series, Australasian Conference on Computer Science Education, Australian Computer Society, Wollongong, pp. 63-68.
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BRACElet is a multi-institutional multi-national research study of how novice programmers comprehend and write computer programs. This paper reviews the first action research cycle of the BRACElet project and, in the process, charts a path for the upcoming second cycle. The project remains close to educational practice, with much of the data being either data collected directly from exams sat by novices, or data from think-out-loud protocols where the task undertaken by a novice or an expert is modelled on an exam question. The first action research cycle analysed data in terms of the SOLO taxonomy. From think-aloud responses, the authors found that educators tended to manifest a SOLO relational response on small reading problems, whereas students tended to manifest a multistructural response. Furthermore, those students who manifested a relational response tended to do better overall in the exam than students who manifested a multistructural response. The second action research cycle will explore the relationship between the ability to read code and the ability to write code. Apart from reporting on the BRACElet project itself, this paper serves as an invitation for institutions and individuals to join the second action research cycle of the BRACElet project.
Clegg, SR 1970, 'Foundations of Organization Power', Presentation to the Nobel Symposium on The Foundations of Organizations, Nobel Symposium on the Foundation of Organizations, Nobel Symposium, Stockholm.
Clegg, SR 1970, 'The heart of darkness', Between the Lines: Dis-membering the Dark Side of Organization Conference, Between the Lines: Dis-membering the Dark Side of Organization Conference, Organization Conference, Sheffield.
Clegg, SR 1970, 'The politics of gossip and denial in inter-organizational relations', International Conference on Power: Forms, Dynamics and Consequences, University of Tampere, Tampere, Finland.
Clegg, SR 1970, 'There are no truths outside the gates of eden', EGOS & FGV: Second Latin America-Europe Meeting on Organizational Studies, Rio de janeiro, Brazil.
Cronin, PA, Vu, M, Haas, MR & Savage, EJ 1970, 'Economic Analysis of NSW Health Survey: Misperceptions of Self-Assessed Body Mass', Population Health Conference, Brisbane.
Cronin, PA, Vu, M, Haas, MR & Savage, EJ 1970, 'Economic Analysis of NSW Health Survey: Misperceptions of Self-Assessed Body Mass', Australian Conference of Health Economists, Adelaide.
Darcy, SA & Ravinder, R 1970, ''Last out of the plane': Air travel for people with disabilities', Conference Proceedings on 'Tourism in India - Challenges ahead', Tourism in India - Challenges ahead, Indian Institute of Management Kozhikode, Kozhikode, India, pp. 501-505.
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The low-cost airline business model is predicated on an application of Porter's cost-leadership strategy wherein the aim is to be THE low-cost producer in the broad aviation market. On the one hand, from the supply side, it involves the elimination of, or a reduction in cost in, all of the elements of the (airline) product that do not directly contribute to provision of the core service of air transportation, or increasing revenue. From the airlines perspective, such elements could involve aspects like reservations and booking, checking-in, baggage handling, in-flight services and disembarking. The emphasis is also on maximizing capacity (aircraft) utilization and load factors and satisfying the safety and security requirements for airline operation in the countries within which they operate.
Darcy, SA, Cameron, B & Taylor, TL 1970, 'Rights of access: Visitor accessibility in the Sydney CBD through the case of Sydney for All', The 4Rs - Rights, Respect, Reconciliation, Responsibility - Planning for a socially inclusive future for Australia, The 4Rs - Rights, Respect, Reconciliation, Responsibility - Planning for a socially inclusive future for Australia, Cosmopolitan Civil Societies, University of Technology, Sydney Broadway Campus, pp. 36-36.
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Publication of abstract proceedings
dela Rama, MJ, Edwards, M & Dalton, BM 1970, 'Honourable Intentions? Analysing Private Equity's Interests in the Aged Care Sector', Australia and New Zealand Third Sector Review 9th Biennial Conference, Australia and New Zealand Third Sector Review 9th Biennial Conference, ANZTSR, Auckland University of Technology City Campus, Auckland, New Zealand, pp. 1-27.
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The abstract for the conference paper was accepted and currently appears on p.19 of the full list of abstracts for the conference. This paper was co-written with Melissa Edwards and Bronwen Dalton. This paper is currently under peer review for publication in a journal.
Docherty, PT 1970, 'Comparing post Keynesian monetary policy rules in a Kaldor-Pasinetti-Sraffa-Keynes framework', Eastern Economic Association Annual Conference 2008, Boston, USA.
Docherty, PT 1970, 'Money and monetary policy in Kaldor-Psinettit-Sraffa-Keynes framework', Seminar Paper, Department of Public Economics, University of Rome, La Sapienza, Rome, Italy.
Docherty, PT 1970, 'The political economy of banking regulation-monetary policy interaction', Eastern Economic Association Annual Conference 2008, Boston, USA.
Dwyer, LM & Edwards, DC 1970, 'Tourism Management to avoid âStrategic Driftâ', ATINER Conference, Athens, Greece.
Dyson, LE, Leigh, EE, Litchfield, AJ, Raban, R & Tyler, JV 1970, 'Improving the Participation of International and local Students Using mLearning', UTS Learning and Teaching Forum, UTS, UTS.
Eckert, C & Klapper, D 1970, 'Developing deal calendars in the presence of forward-looking consumers: An investigation with respect to frequency, predictability, depth, and variability of promotions', Marketing Science, Vancouver, Canada.
Eckert, C & Klapper, D 1970, 'Developing deal calendars in the presence of forward-looking consumers: An investigation with respect to frequency, predictability, depth, and variability of promotions', Mainz, Germany.
Edwards, DC, Schlenker, K, Griffin, T & Hayllar, BR 1970, 'Sites of experience: The functions of urban tourism precincts', Tourism and Hospitality Research, Training and Practice: 'Where the `bloody hell' are we?' Proceedings of the 18th Annual Council for the Australian University Tourism and Hospitality Education, CAUTHE, Conference, Tourism and Hospitality Research, Training and Practice: 'Where the 'bloody hell' are we?', Griffith University and CAUTHE, Gold Coast, Australia, pp. 1-24.
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A key element of a successful tourism industry is the ability to recognize and deal with change across a wide range of key factors and the way they interact. Key drivers of global change can be classified as Economic, Social, Political, Technological and Environmental. This paper explores the way in which these key drivers could affect the global tourism industry to the year 2020. An exploration of these trends allows important change agents, on both the supply side and the demand side of tourism, to be highlighted and discussed. In response, innovative strategies can be formulated by destination managers and tourism operators to avoid strategic drift for their organisations and to develop tourism in a sustainable way.
Edwards, M 1970, 'Emergent Organisation for Sustainability', Demonstrate, ANZTSR, AUT, Auckland New Zealand.
Faulkner, S & Wearing, SL 1970, 'Coming Home: Re-entry Shock in Volunteer Tourism', CAUTHE, Proceedings of the 18th Annual CAUTHE Conference, Council for Australian University Tourism and Hospitality Education annual conference, Griffith University, Surfers Paradise, Queensland, pp. 1-5.
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This study examines the motives that drive young people to participate in some form of volunteer or humanitarian activities while on a leisure trip and the benefits and impacts that the volunteer tourists derive from the experience on their return. More importantly it will take a longitudinal format and survey volunteers pre-departure and post-arrival to verify levels of reentry shock and their determinants.
Fiorini, M 1970, 'The effect of home computer use on children's cognitive and non-cognitive skills', European Meetings of the Econometric Society, Milan, Italy.
Fiorini, M 1970, 'The effect of home computer use on children's cognitive and non-cognitive skills', Australasian Meeting of the Econometric Society, Wellington, New Zealand.
Fiorini, M 1970, 'The effect of home computer use on children's cognitive and non-cognitive skills', Seminar Paper, University of South Australia, Adelaide, Australia.
Fiorini, M 1970, 'The effect of home computer use on children's cognitive and non-cognitive skills', Seminar Presentation, Australian National University, Canberra, Australia.
Fiorini, M 1970, 'The effect of home computer use on children's cognitive and non-cognitive skills', Seminar Presentation, University of Melbourne, Melbourne, Australia.
FLECHA, A & DWYER, L 1970, 'EIGTUR 2008: 1st International Meeting for Tourism Management', Anatolia, Informa UK Limited, pp. 185-186.
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Frawley, SM 1970, 'The Gold Games? Sponsorship Legacy, the Australian Olympic Committee and the', Raising the Bar: Promoting Excellence in Sport Management, SMAANZ 2008, Sport Management Association of Australia and New Zealand, Fremantle, pp. 52-52.
Freeman, W & Wells, PA 1970, 'Issues arising with the implementation of AASB 139 financial instruments: recognition and measurement by Australian firms in the gold industry', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-23.
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This paper investigates the impact of AASB139: Financial Instruments, Recognition and Measurement on the financial reporting of Australian firms in the gold industry. At issue is whether firms are able to comply with the exacting requirements contained in AASB 139 for hedge accounting and how this impacts firms financial reports. Evidence is provided of hedging activities being restricted to larger firms, and for these firms only the larger firms were able to comply with the requirements of AASB 139 to account for these firms as cash flow hedges. Furthermore there is evidence that the income numbers for firms unable to account for their hedging activities as cash flow hedges having less relevance.
Glover, K 1970, 'On the properties of the British option', Quantitative Methods in Finance 2008 Conference, Sydney, Australia.
Griffin, T, Darcy, SA, Moore, S & Crilley, G 1970, 'Visitor Data Needs of Protected Area Agencies (Paper 148)', The Australian Protected Areas Congress 2008 - protected areas in the, The Australian Protected Areas Congress 2008, The Australian Protected Areas Congress, Sunshine Coast, Queensland.
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http://apac08.org.au
Griffin, T, Edwards, DC, Schlenker, K & Hayllar, BR 1970, 'Shared playgrounds: contrasting visitor perspectives on tourism precincts in cities', BEST Education Network Think Tank VIII, Izmir, Turkey.
Griffin, T, Hayllar, BR, Schlenker, K & Edwards, DC 1970, 'Urban precinct research', Tourism NSW Sydney Precinct Managers' Workshop, Sydney.
Griffin, T, Moore, S, Darcy, SA & Crilley, G 1970, 'Developing a National Approach to Visitor Data Collection, Management and Use for Protected Areas: Thoughts from Australian Research and Practice', The Fourth International Conference on Monitoring and Management of Visitor Flows in Recreational and Protected Areas: Management for Protection and Development, The Fourth International Conference on Monitoring and Management of Visitor Flows in Recreational and Protected Areas: Management for Protection and Development, Pacini Editore Industrie Grafiche  Ospedaletto, Montecatini Terme (Tuscany, Italy), pp. 305-309.
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Abstract Information on visitor numbers, activities, expectations and satisfaction is vital for protected areas managers on two counts: to assist in the provision of the services and facilities that visitors need and want; and to determine if managers have been efficient and effective in meeting these demands. This paper builds on a recently completed national study in Australia of visitor data collection and usage, and the future visitor data needs, of protected area management agencies. Australia is a federation of states and provides a challenging backdrop for developing a national approach as most responsibilities for protected areas rest with the states rather than the national government. Thus, the success of such an approach rests on cooperation rather than an overarching national regulatory responsibility. The study found that all protected area agencies collected visitor data, however, their approaches were highly variable in what was measured, how the measurements were applied and how data were managed and used. This variability was problematic because it becomes very difficult to determine issues of general importance for protected area management or to benchmark performance across areas. Based on these findings and knowledge of the institutional settings for protected area management in Australia, this paper poses some ideas for progressing a national approach for standardising the measures and measurement of key variables so that comparisons and benchmarking become possible and reliable. Core and supplementary visitor data variables can be identified, with the former being of national interest and hence requiring collection and storage under national coordination and guidance. Implementing such an approach will require working creatively and collaboratively within the current institutional settings.
Hall, M, Clegg, SR & Sillince, J 1970, 'The importance of learning to differentiate between 'Hard' and 'Soft' knowledge', Innovation and Knowledge Management in Business Globalization: Theory and Practice - Proceedings of the 10th International Business Information Management Association Conference, 10th International-Business-Information-Management-Association Conference, INT BUSINESS INFORMATION MANAGEMENT ASSOC-IBIMA, Kuala Lumpur, MALAYSIA, pp. 1224-1231.
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For knowledge to be managed it has to be severed from those who produced it; it must be stable, replicable, and translatable across contexts, space and time. What this entails is that at some point in its development it has to be divided from its auspices as a specific knowledge of specific people. In science the norms of replication and experimentation enable this division. In the commercial world, where what is required is a commercial product that can be marketed as distinct, different norms operate. In this paper we explore what we take to be a significant way of making such division, which entails the strategy of differentiating that which is 'soft' from that which is 'hard'. Such categories are not self evident and are always socially constructed. In this paper we look at the process through which the division is made up.
Hartley, NS, Burke, PF & Harrison, P 1970, 'Investigating Adult, Children and Family Pricing and Its Impact on Entry-By-Donation and Free Offers', XXX INFORMS Marketing Science Conference, XXX INFORMS Marketing Science Conference, Sauder School of Business, The University of British Columbia, Sauder School of Business, The University of British Columbia, pp. 9-9.
Hay, D & Menzies, GD 1970, 'Economic and the marriage wars', Annual Meeting of the Allied Social Science Associations, New Orleans, USA.
Hogan, W & Trayler, RM 1970, 'Rules versus practice: Governance in the financial services sector', China International Conference in Finance, Dalian, China.
Jordan, K & Collins, J 1970, 'Identity crisis: The many ethnic masks of Northbridge in inner city Perth', Northbridge History Day Conference, Perth, Australia.
Kattiyapornpong, U & Miller, K 1970, 'Interaction Perspectives of Individuals and Destination Marketing Organizations in the Tourism Network of Australia', IMP Group Website Papers: Proceedings of the 2008 IMP Group Conference, The IMP Conference, Uppsala University, Uppsala, Sweden, pp. 1-5.
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This paper seeks to assess the nature, perspectives and characteristics of interactions in the tourism network in Australia. The pattern of interactions between network participants is crucial in defining the network and its boundaries. Ford and Hakansson (2007) develop a structure of interactions between participants in a network. Time dimensions of the interactions are sequence, ordering and trajectory. Relativity dimensions are jointness, interdependence and heterogeneity. Interaction can be problem solving both incurring costs and producing benefits.There are two stages of this research. The first stage obtained the perspectives from 35 organizations regarding the challenges facing tourism, key growth segments, brand and promotional strategies and customer insights and satisfaction levels. The second stage of this research uses follow up personal interviews and assesses the interaction patterns among network participants. The sequence, ordering and trajectory of the interactions are examined as are the jointness, interdependence and heterogeneity of the interactions. A network map is produced based on the frequency and importance of the communications and interactions. The research will also address key questions identified by Johnston, Peters and Gassenheimer (2006). Is the network characterized by tighter or looser coupling? How important is collaboration to the survival (or success) of each participant?
Kattiyapornpong, U & Miller, K 1970, 'Linking Attitudes and Demographics in a Tourist Segmentation Model - A Two-Stage Approach', Australia and New Zealand Marketing Academy Conference 2008: Marketing: Shifting the Focus from Mainstream to Offbeat, Australian and New Zealand Marketing Academy Conference, ANZMAC, Sydney, Australia, pp. 1-6.
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Segmentation has been widely studied in tourism research e.g. Dolnicar (2004). Dawley (2006) points that commonly used segmentation variables such as demographics lead to identifiable segments which are not actionable while other useful approaches e.g. psychographics, are actionable but not identifiable. The objective of this paper is to develop a two-stage linkage approach to segmentation whereby cluster analysis using psychographic variables is conducted within demographic group. Demographic groups are selected based on propensity to travel. This research utilizes data generated from a cross-sectional self-completed survey of 49,105 Australian respondents on travel and tourism. The managerial usefulness of this segmentation is assessed. Clearly segments can be directly linked both demographically and psychographically.
Kattiyapornpong, U & Miller, K 1970, 'Perspectives of individual firms and destination marketing organizations in the tourism networks of Hong Kong and Thailand', Marketing Landscapes: A Pause for Thought, Proceedings of the 37th EMAC Conference, Engineering Mathematics and Applications Conference, European Marketing Academy (EMAC), Brighton, UK.
Kwak, K, Russell, G & Duvvuri, S 1970, 'Multivariate Nested Logit: A General Extension of Nested Logit', INFORMS Marketing Science, Vancouver, BC, Cananda.
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Recent development of multiple-category multiple-item choice models is mostly based upon either the Multivariate Logit (MVL) or Multivariate Probit (MVP) models. The two basic models are popular because they can capture interrelationships among items across multiple categories. Each model has its own advantages and disadvantages. MVL is well recognized for its intuitive interpretation due to fixed cross-category effect parameters, but it is not as flexible as MVP in terms of capturing unobserved correlations among alternatives. Calibration of MVP, however, requires significant use of simulation estimation technologies. In this project, we introduce a new approach: a generalized extension of traditional Nested Logit (NL) to multiple-category multiple-item choice decisions (more generally pick-any choice). The proposed model is capable of capturing unobserved correlations among choices with a few parameters. The proposed model is much simpler than MVP, but more flexible than MVL. In particular, the model is suitable for choices consisting of multiple stages (e.g., category incidence and brand choice in multiple category choice situations). We discuss theory of the new model, contrasting it with multiple category models and traditional NL. In addition, we illustrate the properties of the model by calibrating it on market basket data.
Kyriazis, E & Massey, GR 1970, 'The effects of formal and informal communication between marketing and R&D managers during new product development projects', Proceedings of the 2008 British Academy of Marketing Conference, British Academy of Marketing, Robert Gordon University, Aberdeen, Scotland, pp. 1-9.
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Effective cross-functional integration between Marketing and R&D functions is considered essential to achieve key NPD outcomes. To achieve this integration, functional specialists need to communicate effectively with one another to achieve their respective task goals. This paper examines the role of two forms of interpersonal communication, formal and informal, on three key NPD outcome variablesï½NPD success, perceived relationship effectiveness, and interpersonal collaboration. The relationships between these variables are tested in a structural model using PLS. Data was collected from 184 R&D Managers in Australia who worked on NPD projects. Our results show that both formal and informal communication have a positive effect on NPD success and on Marketing Manager/R&D Manager working relationships. This study provides empirical support for the proposition that whilst formal communication between managers is important in NPD projects, managers should also be aware that informal communication should also be encouraged, as it has strong positive effects on NPD project outcomes.
Lanis, R, Bairstow, GC & Brown, PJ 1970, 'The impact of incentive types on organisational performance in anglo cultures: a reply to Drake, Haka and Ravenscroft (1999)', Program of American Accounting Association Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association (AAA), Anaheim, USA.
Lee, KP, Salciuviene, L & Miller, K 1970, 'Effect of Internet Usersâ Information Processing Strategy on Corporate Website Design and Brand Attitude', 2008 Customer Research Academy Workshop Series, Customer Research Academy Workshop 6th CRAWS Conference, Manchester Business School, The University of Manchester, Manchester, UK.
Lee, KP, Salciuviene, L & Miller, K 1970, 'The Effects of Customized Banner Ad on the Formation of Brand and Ad Attitudes', Marketing Landscapes: A Pause for Thought, 37th EMAC 2008 Conference, Engineering Mathematics and Applications Conference, European Marketing Academy, Brighton, UK.
Leung, L, Humphreys, T & Weakley, A 1970, 'VUE (visualisation using emails)', AAAI Workshop - Technical Report, National Conference of the American Association for Artificial Intelligence, Association for the Advancement of Artificial Intelligence Press, Illiinois, USA, pp. 48-51.
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The paper details the preliminary results of a research and design project for the Australasian Centre for Interaction Design's Virtual Communities program. The project aims to mine knowledge from an email archive through a 3D user interface and interaction. Working with a client organization, the project seeks to address the knowledge management needs of a small distributed company. The project is currently about to release its first beta version for testing. Copyright © 2008, Association for the Advancement of Artificial Intelligence.
Leung, LT 1970, 'Asylum seekers and the limits of cultural citizenship: the Australian context', CRESC Conference 2008 Cultural Citizenship, Oxford, UK.
Leung, LT 1970, 'Techno-Fear and Loathing in Immigration Detention', Refugees and Forced Migrants at the Crossroads: Forced Migration in a Changing World, Cairo, Egypt.
Leung, LT 1970, 'Technology and power in immigration detention: Communicating fear in and about detained asylum seekers', Power and Place: Refereed Proceedings of the Australian and New Zealand Communication Association Conference 2008, Australian New Zealand Communications Association Annual Conference, Massey University, New Zealand, pp. 1-13.
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The paper examines how fear is communicated to refugees, asylum seekers, and the public through Australias immigration policy and practice. Between 1992 and 1994, Australian law moved from permitting (but not enforcing) limited detention of asylum seekers, to a blanket policy of mandatory detention which, at one point, had up to 12,000 individuals in detention.
Leung, LT, Humphreys, TJ & Weakley, AJ 1970, 'Email as co-habitat in distributed organisations', OZCHI 2008 Designing for Habitus and Habitat Proceedings, Australian Computer Human Interaction Conference, ACM Digital Library, Cairns, Australia, pp. 351-354.
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Email has now become so ubiquitous that it has surpassed its early role as an asynchronous communication tool. Having contributed to the rise of the distributed organisation, email is being used in diverse ways and for purposes for which it was not intended. It is no longer a technology of individual habitats, but one where members of distributed organisations co-habit. This paper charts the study of email management, from early investigations of personal approaches to handling email overload, through to a review of software applications designed to ameliorate this. It suggests that while email has been appropriated for information and knowledge management, there has been minimal analysis of this beyond the individual. Therefore, it presents a case study of a distributed organisation, detailing the process by which email was leveraged for organisational knowledge through the design of an application that enabled visualisation of email data.
Lock, DJ, Taylor, TL & Darcy, SA 1970, 'Identity Development: The Case of a New Football Team', 16th EASM Conference, 16th EASM Conference, Bayreuth/Heildelberg, pp. 30-35.
Massey, GR & Dawes, PL 1970, 'Power, Interdependence, and Influence in Marketing Manager/Sales Manager Working Relationships', Academy of Marketing Annual Conference Proceedings, AM2008, Academy of Marketing, Robert Gordon University, Aberdeen Business School, Scotland, pp. 1-8.
Mathew, P & Michayluk, D 1970, 'How does bunching affect bid-ask spread component estimation?', Financial Management Association 2008 Annual Meeting, Financial Management Association 2008 Annual Meeting, Financial Management Association, Dallas, Texas, USA.
Menzies, GD & Thorp, SJ 1970, ''The storyboard approach to lectures and presentations' and 'Peer feedback: A pilot study' Teaching tools from the international teachers programme', Seminar Presentation, School of Finance and Economics, University of Technology, Sydney, Sydney, Australia.
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We give two short presentations. The first shows how to build persuasive and coherent visual presentations using the Storyboard Approach. The second describes and demonstrates the power of peer feedback for teaching development using our own recent experience from a pilot project. Please come and join the discussion.
Menzies, GD, Zizzo, D, Henckel, T & Prokhovnik, N 1970, 'Central bank credibility under inferential expectations', 13th Australasian Macroeconomics Workshop, Sydney, Australia.
Mercorelli, LR, Michayluk, D & Hall, AD 1970, 'Modelling Adverse Selection on Electronic Order-Driven Markets', Seminar Paper, Reserve Bank of Australia, Sydney, Australia.
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The vast majority of models that decompose the bid/ask spread assume the quote-driven, specialist structure of the NYSE. This paper critically evaluates these models to construct a model specific for an electronic order-driven exchange. The model not only captures adverse selection and the impact of order flows on price discovery but it includes the imbalance of supply and demand inherent in the public limit order book. With this new model we investigate the change to anonymity on the Australian Securities Exchange (ASX). Following the change to anonymity, both adverse selection and the demand/supply imbalance have an increased impact on prices while order flow has a decreased influence, suggesting the change to anonymity has improved market efficiency. The model also uncovers a change in traders’ behavior once their fear of front-running is reduced. We show that the model is stable and robust across high liquidity stocks as well as stocks with as few as 5 trades per day.
Mercorelli, LR, Michayluk, D & Hall, T 1970, 'Modeling adverse selection on electronic order-driven markets', Seminar Presentation, UBS, Sydney, Australia.
MICHAYLUK, D & NEUHAUSER, K 1970, 'Is Liquidity Symmetric? A Study of Newly Listed Internet and Technology Stocks', International Review of Finance, 43rd Annual Meeting of the Eastern Finance Association, Wiley, New Orleans, USA, pp. 159-178.
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ABSTRACTImbedded in liquidity measures is an implicit assumption of symmetry. Although market microstructure models rely on this assumption, there may be directional pressure that creates differences in buy and sell liquidity. This paper develops methods of assessing asymmetric liquidity and empirically examines a sample of newly listed Internet and technology stocks that are hypothesized to be especially subject to asymmetry due to the rapid inflation and deflation of the Internet bubble. Evidence of asymmetric liquidity is observed and the level of asymmetry is found to change over time. These findings suggest that the assumption of symmetry is inconsistent with more precisely constructed market liquidity measures.
Moore, S, Darcy, SA, Griffin, T & Crilley, G 1970, 'Collecting and using visitor information in protected area management: core needs and issues', Visitor Experiences and Monitoring in the Australian Alps National Parks ¬ a Proactive Approach - Co-operation Between Researchers and Management Workshop. The Third Annual Workshop in the Science - Management Workshop Series, Thredbo.
Nagarajan, SV & Edwards, J 1970, 'Towards Understanding the Non-technical Work Experiences of Recent Australian Information Technology Graduates', Computing Education 2008. Proc. Tenth Australasian Computing Education Conference (ACE 2008). CRPIT. 78, Australasian Conference on Computer Science Education, Australian Computer Society, Wollongong, Australia, pp. 103-112.
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This paper is a part of an education research degree study where the main objective of the research is to describe and analyse the nontechnical work experiences of recent Information Technology (IT) graduates with a view to generating a substantive theory of the relationship between non-technical work experiences of IT graduates and their University studies. It discusses the findings from the seven in-depth interviews conducted so far. The findings from the pilot study provide an insight into understanding graduate perceptions of the practical relevance of their University courses to the development of knowledge and non-technical skills applicable to their work experience.
Nikitopoulos Sklibosios, C, Bruti Liberati, N, Platen, E & Schlogl, E 1970, 'Real-world pricing for defaultable term structure models', Bachelier Finance Society 5th World Congress, London, UK.
Nikolova, N & Devinney, TM 1970, 'The nature and role of power in client-consultant teams: An empirical study', EGOS, EGOS, EGOS, Holland.
NIKOLOVA, N, REIHLEN, M & SCHLAPFNER, J-F 1970, 'CLIENT AND CONSULTANT INTERACTION: CAPTURING SOCIAL PRACTICES OF PROFESSIONAL SERVICE PRODUCTION.', Academy of Management Proceedings, Academy of Management, pp. 1-6.
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Noguti, V & Russell, CA 1970, 'Social Network Connectedness to Soap Operas, Celebrity Product Endorsement, and Consumer Behavior', Latin American Advances in Consumer Research, Association for Consumer Research, Sao Paulo - Brazil, pp. 192-192.
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One factor that has not received attention in the literature but that affects the effectiveness of celebrity endorsement and product placement is consumersâ perceptions of their social networks. We propose and demonstrate that perceptions about attitudes and behavior of consumersâ social networks toward a given medium (network connectedness) directly affect consumersâ purchase intentions of brands advertised through soap opera celebrities. Data from a field study of Brazilian consumers show that this network connectedness effect exists independently from that of self connectedness (the extent to which viewers develop parasocial relationships with characters that resemble real close relationships.)
Perey, R, Benn, SH, Dunphy, DC & Edwards, M 1970, 'Landcare : A narrative construction for ecological sustainability', The Questions We ask, Academy of Management Annual Meeting, Academy of Management, Anaheim, California.
Petroulas, E, Sundin, HJ & Brown, DA 1970, 'Management control systems and generational differences: An exploratory case study of a professional services firm', Program of American Accounting Assocciation Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association, Anaheim, USA.
Petroulas, E, Sundin, HJ & Brown, DA 1970, 'Management control systems and generational differences: An exploratory case study of a professional services firm', 2008 Global Management Accounting Research Symposium (GMARS), Global Management Accounting Research Symposium (GMARS), School of Accounting UNSW, Sydney, Australia, pp. 1-36.
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This research investigates how generational culture is reflected in the design and use of Management Control Systems (MCS) within a Professional Services Firm. Literature suggests that each generation has its own characteristics or culture. This culture gives rise to preferences within each generation that potentially impact how they interface in organizations and impact the design, use and effectiveness of MCS. This issue is come to the fore in the current tight labour market and especially in accounting firms. The paper adopts an exploratory case study approach of a Big 4 Accounting Firm. The research demonstrates that generational culture has been an influential factor in the case firms MCS design. In doing so it provides insights as to how organisations can design their MCS in order to satisfy the preferences of different generations. Furthermore, the research shows that the firm aligned the MCS design to the preferences of Generation Y and explains why this was done. This improved retention rates in a tight labour market. However, it also raises concerns that this design may be at the detriment to the firm through changes in firm culture, creation of conflict between generations, and a problems with the performance of Generation Y.
Pratt, J, Edwards, M, Pitsis, TS & Crawford, JD 1970, 'Developing collaboration skills in first year undergraduate business students', The Quantitative Analysis of Teaching and Learning in Higher Education in Business, Economics and Commerce: Forum Proceedings, Quantitative Analysis of Teaching and Learning in Higher Education in Business, Economics and Commerce, The University of Melbourne, The University of Melbourne, pp. 47-58.
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Collaboration skills are defined as the set of skills and capabilities required to work effectively within and across groups to achieve group goals. The development of these skills are assumed but not taught directly or evaluated in undergraduate group assessments in many university subjects. This paper discusses a research project investigating the development of student collaboration skills in the compulsory first year undergraduate subject 21129 Managing People and Organisations. One of the key aims of the subject is to help students understand and acquire a range of collaboration skills that will enhance their work readiness. During August 2008, 290 student surveys were completed by students after their initial formation into groups during tutorials. These surveys asked students about their past experiences of group work, and their expectations and motivations with respect to group work in this subject over the coming semester. A follow-up survey was conducted in November, and attempts to capture the extent of changes, if any, in student perceptions of their experience developing collaboration skills over the semester. This paper reports on the findings of stage one of this project. An overview of student attitudes and perceptions is presented, as well as findings on the systematic variation of these with respondent characteristics. The finding of a number of statistically significant associations of student satisfaction with the method of group formation employed in tutorials is then discussed as a surprise finding from this research.
Rahman, A, Kennedy, P, Simmonds, A & Edwards, J 1970, 'Fuzzy logic based modelling and analysis of network traffic', 2008 8th IEEE International Conference on Computer and Information Technology, 2008 8th IEEE International Conference on Computer and Information Technology (CIT), IEEE, Sydney, Australia, pp. 652-657.
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Accurate computer network traffic models are required for many network tasks such as network traffic analysis and performance optimization. Existing statistical traffic modelling techniques rely on precise mathematical analysis of extensive measured data such as packet arrival time, packet size and server-side or client-side round trip time. With the advent of high speed broadband networks, gathering an acceptable quantity of data needed for the precise representation of traffic is a difficult, time consuming, expensive and in some cases almost an impossible task. In this work we developed a fuzzy logic based traffic models using imprecise data sets that can be obtained realistically. The model include a parameter, the R parameter, which is also useful for analysis of network traffic.
Richardson, G & Lanis, R 1970, 'Corporate effective tax rates and tax reform: evidence from Australia', 31st Annual Congress European Accounting Association Conference Website papers, Annual Congress of European Accounting Association, European Accounting Association (EAA), Rotterdam, Netherlands, pp. 1-10.
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The Ralph Review of Business Taxation, which submitted its recommendations to the Australian Government on 30 July 1999, represented an important event in the corporate tax reform process in Australia (Cooper et al., 2002, p. 20; Gilders et al., 2004, p. 16). Some of its key recommendations were designed to promote equity in the corporate tax system by removing several major tax incentives (Ralph, 1999, p. 15). For example, accelerated depreciation, which favors capital intensive firms, was recommended for removal. The Ralph Review also recommended a phased-in reduction of the corporate tax rate as trade-off to firms for the removal of accelerated depreciation. The Australian Government implemented these key Ralph Review recommendations, and they came into law in the Income Tax Assessment Act 1997, applying from the 1999/2000 tax year.
Schlenker, K & Edwards, DC 1970, 'Event volunteers: why we do what we do', Second National Volunteering Australia Research Symposium, Gold Coast.
Schulenkorf, N 1970, 'A Conceptual Ex Ante Framework for the Strategic Study of Social Utility of Sport Events', BEST EN Think Tank VIII: Sustaining Quality of Life through Tourism, BEST Education Network Think Tank, Best Education Network, Izmir, Turkey, pp. 119-131.
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The area of sport event tourism has been growing over the last years, which led to an increasing amount of research that has analysed both the economic and social impacts of sport events. Whereas a substantial amount of ex post assessment frameworks for quantitative event evaluation is available, there is growing demand for process orientated ex ante frameworks that guide the strategic study of social utility of events.
Schweitzer, J & Gudergan 1970, 'The Affects of Practices of Governance and Leadership on Capabilities and Performance of Alliances', 28th Strategic Management Society Conference, 28th Strategic Management Society Conference, Cologne, Germany.
Shan, Y, Taylor, SL & Walter, TS 1970, 'The uncertainty of non-accounting information in analysts' forecasts and stock return volatility', Program of American Accounting Association Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association (AAA), Anaheim, USA.
Sivabalan, P, Malmi, T, Booth, PJ & Brown, DA 1970, 'Organisational characteristics, alternative reasons to budget and two budget forms', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-42.
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This study examines contingency relationships between organisational characteristics and four alternative operational reasons to budget, across two budget forms (fixed budget and rolling forecasts). Furthering the work of Hansen and Van der Stede (2004), results show that contingency relationships between organisational characteristics and the importance of operational reasons to budget were different for performance evaluation reasons, in comparison to operational planning reasons.
Spanjaard, DC & Freeman, LM 1970, 'Why qualitative researchers squint: A micro analysis of the temporal aspects for grocery shopping', 2008 Latin America Association for Consumer Research, Latin American ACR Conference, ACR, Sao Paulo, Brazil, pp. 116-119.
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This paper discusses the rewards for the researchers when they adopted a multidimensional approach, incorporating temporal aspects, to the analysis of emotion factors for in-store shopping behavior. Of particular interest was the role these emotions play in brand selection. Whilst emotional research is not unique, little has been done to understand it from an internally consumer-driven perspective for grocery brands. We used videography to capture the behavior. As a result of our findings, it is proposed that the temporal affect becomes the moderating variable in developing emotive bonds between the consumer and the brand whilst making in-store decisions.
Spanjaard, DC, Freeman, LM & Young, LC 1970, 'The conscious decision versus the unconscious choice: Observed grocery shopping', Proceedings of the 3rd Annual Symposium on Current Developments in Ethnographic Research in Social and Management Science, The 3rd Annual Symposium on Current Developments in Ethnographic Research in the Social and Management Sciences, University of Liverpool Management School, Liverpool, England, pp. 1-21.
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Researchers have long suspected that there is greater complexity in consumer brand choice within the supermarket than much research suggests. This paper discusses how the use of ethnographic techniques uncovers particulars of this specifically that consumers unconsciously use emotions to make conscious decisions about such brands.
Spanjaard, DC, Freeman, LM & Young, LC 1970, 'Why happy shoppers don't stop and think', Australia and New Zealand Marketing Academy Conference 2008: Marketing: Shifting the Focus from Mainstream to Offbeat, Australian and New Zealand Marketing Academy Conference, ANZMAC, Sydney, pp. 1-7.
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This paper discusses findings from observational research of grocery shopping. Videographic analysis via qualitative research techniques reveals that consumers who display less emotion tend to be more positive about the experience and have shorter shopping visits. Whereas those who display distinct emotional responses tend to reveal negative reactions and result in taking longer to make a decision. Four categories of consumer decision behaviour for grocery products are suggested as a result of this research and as a discussion point for further investigations into this specific topic.
Sundin, HJ, Brown, DA & Booth, PJ 1970, 'Perspectives on multiple stakeholders and management control systems. Institutional and stakeholder theory: Friend or foe?', 31st Annual Congress European Accounting Association Conference Website Papers, Annual Congress of European Accounting Association, European Accounting Association (EAA), Rotterdam, Netherlands, pp. 1-20.
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Organisations are increasingly being pressured by stakeholders to acknowledge and manage their interests (Phillips 2003; Freeman 1984). However, conflicts can arise where multiple stakeholders have differing interests, especially if certain stakeholder groups are prioritised above others when decisions are made about the allocation of scarce resources. The management accounting literature is limited in explicitly dealing with how multiple stakeholder objectives manifest in the management control systems of organisations. This paper discusses the conceptual overlaps and tensions between intuitional theory and stakeholder theory in an attempt to provide greater depth of analysis on how multiple and potentially conflicting stakeholder objectives manifest in management control systems. The paper is a conceptual. It first problematises the issues of multiple stakeholder objectives with management control system design and use. The paper then reviews three management accounting papers (Abernathy and Chua, 1996; Brignall and Modell, 2000; Mueller and Carter, 2007) which have adopted institutional perspectives for this analysis to highlight the limitations of institutional theory. Finally, the paper reconciles several terms used by the respective theories and develops a framework for management accounting researchers to draw from both institutional and stakeholder theories simultaneously to better inform future research design and findings. The framework draws heavily on the model of stakeholder identification and salience developed by Mitchell et al. (1997) and tested by Agle et al. (1999) to connect stakeholder characteristics to the design and use of management control systems.
Sundin, HJ, Brown, DA & Booth, PJ 1970, 'Perspectives on multiple stakeholders and management control systems: institutional and stakeholder theory', Technical Program of 2008 AFAANZ/IAAER Conference, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney.
Sutcliffe, PJ, Solomon, AI & Edwards, J 1970, 'Computing the Moments of Costs over the Solution Space of the TSP in Polynomial Time', IWOCA2007, International Workshop on Combinatorial Algorithm, College Publications, Lake Macquarie NSW, pp. 158-169.
Sutton, NC & Brown, DA 1970, 'Management control systems in enabling university research performance', Program of American Accounting Association Annual Meeting, American Accounting Association Annual Meeting, American Accounting Association (AAA), Anaheim, USA.
Sutton, NC & Brown, DA 1970, 'Management control systems in enabling university research performance', Program of 31st Annual Congress of European Accounting Association, Annual Congress of European Accounting Association, European Accounting Association (EAA), Rotterdam, The Netherlands, pp. 1-26.
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The purpose of this study is to investigate how management control systems (MCS) are used to enable university research performance at the operating level. At the sector level, institutionally framed research within New Public Management literature has observed the more uniform use of managerialist and programmed approaches to university research management. However, empirical contingent studies within a private sector R&D setting have evidenced how such approaches are ineffective in enabling operating level research performance. Drawing on both literatures, as well as wider MCS package research, the research uses an exploratory case study to examine two high performing faculties with contrasting research characteristics. From these micro-level accounts, the paper develops a conceptual model demonstrating how a combination of institutional and technical factors contributes to the use of MCS. More specifically, while a similar complementary package of socio-ideological, administrative and incentive controls is used to satisfy the diverging managerial and collegial institutional interests, within each operating unit managers tailor the use of these categories of controls to suit their respective research cultures and contexts in order to enable university research performance.
Thiagarajah, T, Sivabalan, P & Giacobbe, F 1970, 'Emphasis on accounting controls: asset specificity and the use of accounting and non-accounting information within IT outsourcing engagements', 31st Annual Congress European Accounting Association Conference Website Papers, Annual Congress of European Accounting Association, European Accounting Association (EAA), Rotterdam, Netherlands, pp. 1-20.
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This study observes the nature of asset specificity in different Information Technology (IT) outsourcing typologies, and investigates the relevance of accounting and non-accounting numbers in relation to these outsourcing typologies, with consideration to the findings of literatures concerning Transaction Cost Economics Theory and Social Capital Theory. It represents a response to the lack of research on relationships of IT outsourcing engagements. A case study research method is used to analyse the effect of asset specificity on the nature of relationship, and the use of accounting and non-accounting information in supporting the decision making processes of the Outsourcing Service Provider. Contrary to the findings of many researchers, the outsourcing-service provider adopted an integrative approach to its relationships as opposed to a distributive approach even in engagements that were highly asset specific, and short-term in duration. Additionally, the nature of asset specificity for IT outsourcing engagements is not static, but dynamic and in continual flux. Overall, this study suggests that large IT outsourcing-service providers value non-accounting factors in decision-making processes, in addition to accounting information, thus reflecting the Integrative Outsourcing Typology. This further validated the fact that factors advocated by Social Capital Theory such as corporate reputation, trust and collaborative interactions are crucial in IT outsourcing relationships.
Van de Venter, G & Michayluk, D 1970, 'An empirical examination of factors related to risk tolerance', The 47th Annual Southwestern Finance Association Meeting, Houston, USA.
Van Gool, K, Savage, EJ & Viney, RC 1970, 'An analysis of the Medicare Safety Net', UTS Health Research Showcase, University of Technology, Sydney.
Wakefield, JA & Giacobbe, F 1970, 'The implications of motive divergence on international joint venture management control systems and performance', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-30.
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International Joint Ventures (IJVs) are increasingly regarded as an important means of international expansion. A large body of literature has investigated the key characteristics of IJVs, however most of the research has been exploratory rather than confirmatory. This paper has developed a model to investigate (i) the effect of parent partner motive divergence and parent partner resource contributions to IJVs on parent partner management control systems (MCS) choices, (ii) the impact of parent partner resource contributions to IJVs on parent partner motive divergence and (iii) the impact of parent partner motive divergence and parent partner management control system choices on IJV performance. The data for this paper was gathered from a cross sectional survey questionnaire which collected data from Australian based parent partners of IJVs operating abroad. The results provide confirmatory evidence that motive divergence has a significant impact on performance and some impact on parent partner management control system choices. Resource contributions made by parent partners to IJVs was also found to have a significant impact on parent partner MCS choices and motive divergence. These findings provide confirmatory evidence of exploratory results and sound suggestions to the world of practice.
Waller, DS & Lanis, R 1970, 'An Analysis of Corporate Social Responsibility Disclosure by Advertising Agencies', Communications, Civics, Industry: Proceedings of ANZCA 2007, Australian New Zealand Communications Association Annual Conference, Australia and New Zealand Communication Association and La Trobe University, Melbourne, pp. 1-9.
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The corporate annual report has become more than a mandatory financial report for public companies, with many companies also using it as an important marketing communication tool. As corporate social responsibility (CSR) is an issue of growing interest in the business world, many publicly listed companies, including advertising agencies, are voluntarily disclosing information regarding their CSR activities in their annual report. This descriptive study analyses the annual reports of the top six holding companies in the global advertising industry, in order to observe which advertising companies disclose their CSR activities and what activities they undertake, and the development of a CSR disclosure index for advertising agencies. The results indicate that some advertising companies do engage in CSR activities and disclose them in the annual report, but the level of these CSR disclosures is different between the organisations.
Waller, DS, Deshpande, S & Erdogan, BZ 1970, 'Protect or Restrict?: East-West Attitudes Towards Advertising Regulations', Proceedings of the Australian and New Zealand Communication Association, ANZCA, Australian and New Zealand Communication Association, ANZCA, Massey University, Wellington, New Zealand.
Waller, DS, Wang, PZ, Morrison, MD & Oppewal, H 1970, 'Media Choice for Information Search to Purchase a New Technology', Communications, Civics, Industry: Proceedings of ANZCA 2007, Australian New Zealand Communications Association Annual Conference, Australia and New Zealand Communication Association and La Trobe University, Melbourne, pp. 1-8.
White, A & Harding, N 1970, 'Identifying auditor stopping rules in decision making under uncertainty', 2008 AFAANZ/IAAER Conference website papers, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Sydney, Australia, pp. 1-36.
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A stopping rule is a mechanism whereby the decision maker chooses to stop the search for information and make a decision (Gigerenzer and Selten 2001). This study analyses rich verbal protocol data provided by experienced auditors completing a detailed risk identification case to increase our understanding how stopping rules are applied by auditors, the impact of different stopping rules on judgment performance, and the influence of taskspecific experience and the availability of a decision aid on the relationship between stopping rules and performance. The results revealed that while auditors use a combination of stopping rules, those rules involving the development of a mental model of the client were generally favoured and led to superior performance. Participants generally ignored a decision aid checklist that was made available as a structured alternative to their own stopping rule.
Young, L & Denize, S 1970, 'Competing interests: the challenge to collaboration in the public sector', International Journal of Sociology and Social Policy, 13th International Conference on Multi-Organisational Partnerships, Alliances and Networks, Emerald, Wellington, New Zealand, pp. 46-58.
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PurposeManagers working within organizations that are part of public–private collaborations comment on their “diabolical” nature and seek guidance as to their administration. Set in an organization involved in a public–private “service delivery contract”, the purpose of this paper is to report research into the collaboration and challenges experienced within the organization. It also seeks to consider to the significance of narrative and story‐telling in understanding these complexities.Design/methodology/approachData were collected using depth interviews and observation. The emerging discourse was analyzed using a machine‐based, lexigraphic tool to provide a framework for interpretive story analysis. The significance and value of each approach are illustrated as are the effective synergies between them.FindingsThe paper identifies a number of different competing interests, including the needs of the clients vs the governmentally imposed goals and performance metrics of the organization. The limitations of this network form are highlighted; through contrasting of manager and consultant stories it becomes plain that collaborative networking only occurs at the management levels.Research limitations/implicationsThe role of the story‐teller and the story context emerge as significant. Further research that pays greater attention to the stories’ context, subtext, roles of narrator and others in the story is recommended.Originality/valueThe paper demonstrates the value of extending machine‐based analysis with mor...
Yu, K 1970, 'Linking movement to organization: Movement careers in the Justice for Janitors', Annual meeting of the American Sociological Association, Boston, USA.
Zhao, L 1970, 'TSX Index Revisions and Corporate Performance'.
Collins, J, Darcy, SA, Jordan, K, Skilbeck, R, Faulkner, S, Peel, V, Dunstan, D, Lacey, G & Firth, T Sustainable Tourism Cooperative Research Centre 2008, Cultural landscapes of tourism in New South Wales and Victoria, pp. 1-91, Gold Coast, Queensland.
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The field of cultural landscapes tourism is under-developed in Australia at the level of theory, research and policy development. Yet international research suggests that cultural landscapes tourism has significant potential in attracting new tourists. This research project is a scoping study designed to set out the parameters involved in cultural landscapes tourism research in Australia. It aims to identify how cultural heritage and contemporary cultural diversity impact on visitor experience and on local communities. The objective is to assist the Australian tourism industry particularly those located in regional and rural areas in understanding the growing importance of cultural tourism, by developing a number of case studies of cultural landscapes tourism in two Australia states. These case studies provide examples of existing tourism in a range of different cultural landscape sites, enabling the development of a process by which to identify change in cultural heritage tourism regions, including examining how multicultural precincts can operate as sustainable tourism destinations. Fieldwork with tourists and stakeholders will enable the development of industry strategies to increase tourism in the future. In addition, this fieldwork will facilitate the development of an innovative, multi-disciplinary theory of cultural landscapes tourism. This will set the stage for future research and policy development.
Collins, J, Darcy, SA, Jordan, K, Skilbeck, R, Peel, V, Dunstan, D, Lacey, G & Firth, T STCRC 2008, Cultural landscapes of tourism in New South Wales and Victoria, Gold Coast, Australia.
Darcy, SA, Cameron, B, Dwyer, L, Taylor, TL, Wong, E & Thomson, AK Sustainable Tourism CRC 2008, Visitor accessibility in urban centres (Technical Report 90040), pp. 1-110, Sydney, Australia.
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The research project was sponsored by the STCRC NSW state node to examine visitor accessibility in urban areas. Visitor accessibility encompasses all tourism markets including seniors and people with disabilities who have been identified as the accessible tourism market. It is recognised in the literature that there are significant barriers that constrain the tourism experiences of the group. As determined by the Industry Reference Group (IRG) the precinct study area was the main Sydney tourism precinct that incorporated: the transport hub from Central to Circular Quay East and West Circular Quay The Rocks Royal Botanic Gardens Sydney Harbour environs and Sydney Harbour National Park Manly Ferry, Manly boardwalk and North Head Lookout.
Darcy, SA, Cameron, B, Pegg, S & Packer, T Sustainable Tourism CRC 2008, Developing Business Cases for Accessible Tourism (Technical Report 90042), pp. 1-64, Sydney, Australia.
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The research project was an STCRC scoping project to study a procedure for undertaking accessible tourism business cases. The project sought to case study examples of high standard accessible tourism product, facility or experience. The accessible tourism market is comprised of seniors and people with disabilities with access needs. It is recognised in the literature that there are significant barriers that constrain the tourism experiences of the group. A key component in the constraint is the supply of accessible tourism product and the understanding of the elements of business success with the market by the tourism industry. The methodology was informed by a case study approach and the triple bottom line scorecard. The research design sought to expand the thinking in general business performance more broadly than financial measures. The evaluation of environmental and social benefits has become part of core corporate practice. The preliminary work utilised a Delphi group to identify a range of high standard of accessible product, across states, segments and reflecting a range of ownership structures.
dela Rama, MJ, Edwards, M & Dalton, BM Australian Parliament House 2008, Submission No. 14 to the Australian Senate Community Affairs Committee on the Inquiry into the the Aged Care Amendment (2008) Measures No. 2 Bill, pp. 1-12, Canberra, Australia.
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With two other School of Management colleagues, Melissa Edwards and Bronwen Dalton, we made this submission into the following Community Affairs Committee Inquiry. This submission was later cited by Ian Verrender, a Sydney Morning Herald journalist in his business column 'Profit Not Improvement', 29th November 2008 http://business.smh.com.au/business/profit-not-improvement-the-motive-for-many-in-care-sector-20081128-6mz2.html
D'Netto, B, Monga, M, Shen, J & Chelliah, J The Australian Workers' Union 2008, Manufacturing Employees' Perceptions of Human Resource Diversity Management Practices in Australia, pp. 1-35, Sydney, Australia.
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This study examined employees perceptions of the effectiveness of HR diversity management practices of nine organizations in the Australian manufacturing sector.
Packer, T, Small, J & Darcy, SA 2008, Technical Report 90044: Tourist Experiences of Individuals with Vision Impairment, Gold Coast: Sustainable Tourism Cooperative Research Centre, Sydney.
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http://www.crctourism.com.au/BookShop/BookDetail.aspx?d=602
Packer, T, Small, J & Darcy, SA Sustainable Tourism Co-Operative Research Centre 2008, Tourist experiences of individuals with vision impairments, pp. 1-37, Gold Coast, Australia.
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People with visual disabilities Travel Australia. Tourism Research Australia.
Reid, M, Wearing, SL & Croy, G CRC for Sustainable Tourism Pty Ltd 2008, Marketing Of Protected Areas As A Tool To Influence Visitors' Pre-Visit Decisions, pp. 1-86, Printed in Australian (Gold Coast, Queensland).
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As the result of the increasing influence of tourism, natural and protected area management is evolving from one primarily focused around onsite management and conservation to one that more broadly encompasses a greater range of holistic recreation and tourism experiences. In dealing with this evolution, national parks and protected area managers are now required to balance onsite interpretation activities with marketing and demand management activities.
Wearing, SL, Schweinsberg, SC, Faulkner, S & Tumes, K CRC for Sustainable Tourism Pty Ltd 2008, Understanding track/trail experiences in National Parks: A Review, pp. 1-47, Gold Coast Queensland.
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This desktop project aimed to draw attention to the various factors associated with track usage and visitor experience in national parks. The results will help to inform park managers how best to develop a strategic position on tracks and trails based on visitor experiences. This advice will be of assistance to managers for ongoing work regarding visitation planning and policy. The Blue Mountains National Park (BMNP), Kosciuszko National Park (KNP), and the Central Eastern Rainforest Reserves (CERRA) are employed as case studies to examine best practice research into track/trail experiences. The technical report series present data and its analysis, meta-studies and conceptual studies, and are considered to be of value to industry, government and researchers. Unlike the Sustainable Tourism Cooperative Research Centres Monograph series, these reports have not been subjected to an external peer review process. As such, the scientific accuracy and merit of the research reported here is the responsibility of the authors, who should be contacted for clarification of any content. Author contact details are at the back of this report.
Wieder, B UTS, Faculty of Business 2008, Curriculum development grant: Implementation of business intelligence practices and applications in undergraduate accounting, Sydney.
Van Den Berg, J & Gibson, RJ 2008, 'Conversation', The Cross Arts Projects: Pacific Exhibition part of Sydney Biennale, SAGE Publications, Inc., Squat Space, Australia.
Bird, R, Casavecchia, L & Woolley, PK 2008, 'Insights into the market impact of different investment styles', Working Paper Series, The Paul Woolley Centre for Capital Market Dysfunctionality, University of Technology, Sydney.
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Working Paper Number: 1
Abstract: Modern day equity markets are populated by investors pursuing a number of investment styles. In this paper we simulate the behaviour of investors pursuing various types of these styles in order to examine whether their interaction is a major contributing factor to inefficiencies within markets and particularly to the anomalous pricing behaviour identified in the literature. We found that small market fractions constituted by momentum and growth investors are very disruptive to markets, significantly increasing their volatility and causing mispricing for extended periods of time. They also induce an increase in both the risk and trading volume experienced by the other types of investors. We conclude that momentum and growth investing may be a source of the many market anomalies and serious thought should be given to policy, economic and social implications of equity pricing consistently not reflecting fundamental value.
Carabetta, G 2008, '‘The Argument for Unique Industrial Arrangements for Police', Presentation, Police Federation of Australia, Rotorua, New Zealand'.
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Seminar Presentation, Police Federation of Australia, Rotorua, New Zealand
Clegg, SR 2008, 'Relationships of ownership, they whisper in the wings....', Princeton University Press.
Darcy, SA 2008, 'Accessible Tourism Accommodation Information Preferences', School of Leisure, Sport and Tourism: Working Paper Series.
Di Guilmi, C 2008, 'Financial determinants of firms profitability: A hazard function investigation', Working Paper Series, Department of Economics, Università Politecnica delle Marche.
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Working Paper Number: 318 Abstract: In this paper a hazard function analysis is performed on a set of European firms in order to identify a stochastic relationship among financial structure and profits. The relative proportions of debt and equity financing appear to influence expected profitability with a different degree for each nation. Within each country, relevant differences are recorded among listed and non listed firms. These results highlight the role of institutional factors, in particular related to credit and stock markets, in reducing informational asymmetries between investors and managers. The cross-sectional study is performed by means of degradation analysis, an engineering tool new in economics.
Di Guilmi, C, Gallegati, M & Landini, S 2008, 'Modeling Maximum Entropy and Mean-Field Interaction in Macroeconomics', Economics Discussion Paper No. 2008-36..
Gaffeo, E, Di Guilmi, C, Gallegati, M & Russo, A 2008, 'On the mean/variance relationship of the firm size distribution: Evidence and some theory', Discussion Paper, Department of Economics, University of Trento.
Goldbaum, D 2008, 'Coordinated investing with feedback and learning'.
Hutcheson, TJ 2008, 'Improving Student Skills in Essay Writing and Oral Presentations', Working Paper Series.
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In most subjects that students complete as part of a Business or Commerce degree they are typically assessed by way of submitting a written essay and sitting for an exam. A student should be able to show in their written essay that they understand topics covered in the subject and have gained knowledge whilst writing the essay. Unfortunately, lecturers have found that the standard of a large number of written essays submitted by both undergraduate and postgraduate students can be fairly poor and display varying degrees of plagiarism. When marking an essay it is often difficult to know whether a student actually understands what they have written in their essay. This occurs in essays written by local students as well as essays written by overseas students whose first language is not English. Students are often informed in their subject guides and lectures about the University assistance provided on essay writing and plagiarism; however it appears that they do not necessarily take up this assistance. This paper evaluates the impact in a business postgraduate subject of replacing the written essay component of assessment with a shorter written essay and requiring students do an oral presentation of their answer to the class. The students are provided with resources on assignment writing that provide assistance with essay writing and referencing as well as preparation and giving of an oral presentation. A quantitative analysis is undertaken to see whether the use of the assignment writing resources by students had an impact on their assignment mark and also if had an impact on the level of plagiarism found in the written assignments.
Leung, LT 2008, 'Cyberminds', University of Technology Sydney, pp. 17-17.
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Review of 'Living on Cybermind' by Jonathan Paul Marshall at: http://www.newsroom.uts.edu.au/reviews/detail.cfm?ItemId=10051
Lyons, KD & Wearing, S 2008, 'Journeys of discovery in volunteer tourism : International case study perspectives', pp. 1-217.
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The fast-growing phenomenon of volunteer tourism encompasses a diverse range of activities, from conserving environments to working with host communities to alleviate poverty. However, understanding the complex relationship between volunteering and tourism requires a wide analytical framework. This book provides a broad and valuable insight into how volunteer tourism is growing and developing. Theoretical and empirical case studies from leading researchers in the field explore the experiences of the volunteer tourist and the power relationships between volunteers and host communities and commercial, non-commercial and government entities involved in developing and supporting volunteer tourism. The ambiguous and contested intersections between volunteering, travel and alternative tourism as a foundation for considering the future of volunteer tourism are also examined. © CAB International 2008. All rights reserved.
Menzies, G, Pratt, J, Thorp, S & Docherty, P 2008, 'Piloting a Peer Feedback Program in the Faculty of Business at UTS', Working Paper Series.
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This paper outlines the trial and development of a peer review program for teaching improvement in the Faculty of Business at the University of Technology, Sydney (UTS). It first explores some of the key issues in the purpose and design of peer review schemes. It agrees with a strong theme in the peer review literature that peer review is most effective when used for quality enhancement rather than quality assurance in the sense used by Lomas and Nicholls (2005). It also recognises the possibility of resistance from academic staff to the idea of peer review and scepticism about its usefulness. A methodology for the conduct of a pilot peer review scheme is outlined drawing on the work of Bingham and Ottewill (2001) and Puget and Schubert (2008) in which peer review is voluntary, confidential and reciprocal involving a mutual arrangement with a trusted colleague to observe each other’s teaching and to offer private constructive feedback within agreed parameters. The experience of participants in the pilot scheme is reported and observations made about both the process of peer review itself and of attempting to establish a peer review program in a Faculty not previously used to such methods of professional and educational development.
Menzies, GD & Zizzo, DJ 2008, 'News and Expectations in Financial Markets: An Experimental Study', Working Paper Series, Centre for Applied Macroeconomic Analysis, Australian Nationl University.
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Working Paper Number: 34/2008
Mercorelli, LR, Michayluk, D & Hall, AD 2008, 'Modelling adverse selection on electronic order-driven markets', Research Paper Series, Quantitative Finance Research Centre, University of Technology, Sydney.
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Research Paper Number: 220 Abstract: The vast majority of models that decompose the bid/ask spread assume the quote-driven, specialist structure of the NYSE. This paper critically evaluates these models to construct a model specific for an electronic order-driven exchange. The model not only captures adverse selection and the impact of order flows on price discovery but it includes the imbalance of supply and demand inherent in the public limit order book. With this new model we investigate the change to anonymity on the Australian Securities Exchange (ASX). Following the change to anonymity, both adverse selection and the demand/supply imbalance have an increased impact on prices while order flow has a decreased influence, suggesting the change to anonymity has improved market efficiency. The model also uncovers a change in tradersâ behavior once their fear of front-running is reduced. We show that the model is stable and robust across high liquidity stocks as well as stocks with as few as 5 trades per day.
Roe, RA, Waller, MJ & Clegg, SR 2008, 'Time in organizational research', pp. 1-330.
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Today there is widespread awareness of the fact that time has been under-investigated in organizational studies. This book addresses the need to bridge the gap between the predominantly 'timeless' theories and models that scholars have produced and the daily experiences of employees and managers, in which time is salient and extremely important. These chapters offer a broad range of concepts, models, and methods that are tailored to this purpose. The first part of the book is devoted to the way in which people in organizations manage time, summarizing research findings, presenting novel ideas on a broad range of issues and examining issues such as whether time can be managed, how people are affected by deadlines and how do strategic changes in organizations affect individuals' careers and sense of identity. The second part is about time as embedded in collective behaviours and experiences, and in temporal regimes linked to organizational structures. It discusses ways to study such collective patterns and their relationships to management practices, and addresses topics such as sensemaking of dynamic events, rhythmic patterns and their impact on organizational effectiveness, time in industrial relations, and power and temporal hegemony. A third part with a single concluding chapter looks at possibilities for integrating the various approaches and provides suggestions for future research. This book adopts a pluralistic approach, arguing against timeless conceptions in organizational theory and behaviour and instead emphasising the importance of temporal analysis.
Siminski, P 2008, 'Do Government Benefits for High Income Retirees Encourage Saving?'.
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The Australian Commonwealth government provides a set of benefits to high income older people, which are intended to promote saving for retirement. It has not been established whether this unusual policy is effective. Using illustrative models, it is shown that these benefits may induce some people to save and work more, but they may have the opposite effect on other, more affluent, people. It is unclear which effect dominates. These benefits are likely to have increased Commonwealth government expenditure on affluent older people, accompanied by a reduction in state government expenditure on people with slightly lower incomes.
Siminski, P 2008, 'The Recipient Value and Distributional Impact of the Commonwealth Seniors Health Card in 2007'.
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This paper considers the recipient value and distributional impact of the Commonwealth Seniors Health Card (CSHC) by analysing a range of possible behavioural responses to economic incentives. First, I estimate the recipient value by considering the trade-off between moral hazard and risk pooling. The utility gain through risk-pooling is found to be negligible. The deadweight loss through moral hazard may be considerable. I also use illustrative models to demonstrate the possible effects of the CSHC on savings and labour supply. Whilst the CSHC may induce some people to save and work more, it may have the opposite effect on others.
Siminski, P 2008, 'What Would the Average Public Sector Employee be Paid in the Private Sector?'.
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This paper estimates the average Australian public sector wage premium. It includes a detailed critical review of the methods available to address this issue. The chosen approach is a quasi-differenced panel data model, estimated by the Generalised Method of Moments, which has many advantages over other methods and has not been used before for this topic. I find a positive average public sector wage premium for both sexes. The best estimates are 6.7% for men and 10.5% for women. The estimate is statistically significant for men (p = 0.024) and for women (p < 0.001). No evidence is found to suggest that the public sector has an equalising effect on the wages of its workers.
Wearing, S 2008, 'Pro-poor tourism: Who benefits? Perspectives on tourism and poverty reduction', Pergamon, pp. 616-618.
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