Publications

Bajada, C, Brown, PJ, Edwards, M & Jonson, PT 2010, Integrating business perspectives (1st edition), 1st, McGraw-Hill, Australia.

Cashman, R 2010, Paradise of Sport, 2nd, Walla Walla Press, Sydney.

Clegg, S 2010, SAGE Directions in Organization Studies, SAGE Publications Ltd.
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Jang, H, Jung, K, Dalton, BM & Wilson, RJ 2010, Sex trafficking or shadow tourism: The lives of foreign sex workers in Australia, 1, Lambert Academic Publishing, Germany.
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The experience of women working in the sex and entertainment industry is an issue central to feminism and to social and human rights movements. Although now an area of scholarly research the clandestine nature of this industry makes research challenging and means many aspects remain unknown. It is therefore important to document the experiences of these female sex workers. In this book we highlight the experience of Korean sex industry workers in Australia. We report on recent trends in migration and draw attention to the fact that increasing numbers utilise ?working holiday? visas to work in the sex and entertainment industry and that under Australian law this practice is essentially legal. We examine factors involved in their coming to Australia and whether they were trafficked or coerced into service; the nature of their service and details regarding the conditions of their work. We also track how the respondents use (or fail to use) various social and health services and ask about their key concerns, hopes and plans for the future. Findings from this study aim to inform recommendations to policy makers in relevant government and nongovernment community service organisations

Liburd, J & Edwards, D 2010, Understanding the sustainable development of tourism, Goodfellow, Woodeaton, Oxford.
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It is vital to provide the tourism managers of tomorrow with an explicit understanding and the capability to affect creative and innovative solutions for the sustainable development of tourism. Understanding the Sustainable Development of Tourism takes the view that sustainable tourism management needs to be seen as a dynamic process of change, rather than a static goal to be achieved and therefore must be tackled with ever evolving, flexible strategies.Divided into 11 chapter ‘modules’, the text considers key managerial concepts, from supplier-driven innovation, human resource management, operations management and marketing, to corporate social responsibility, risk management and triple bottom line reporting. Each chapter links relevant theories and concepts to practice through case studies or exercises. Each chapter takes the view that sustainable tourism principles should be practiced in all aspects of tourism operations on a daily basis and that sustainability should be treated as a managerial philosophy rather than a subject matter. Relevant theories and concepts are linked to practice through case studies or exercises.

Lister, RF & Edwards, J 2010, Teaching Novice Computer Programmers: bringing the scholarly approach to Australia â A report on the BRACElet project, Australian Learning and Teaching Council, Sydney. Australia.

Marx, J & Mpofu, RT 2010, Investment Management.
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It investigates portfolio management and how derivative instruments such as futures, options and swaps may be used for this purpose. In addition, a chapter is devoted to the foreign exchange market and its management."--Cover.

Pazmandy, G 2010, Business Computing Using Microsoft Office 2007, 1, Tekniks Publications Pty Limited, Sydney, Australia.
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This book introduces students to : computers and their associated devices and shows them how to use and maintain a computer ; logging into a network ; the Windows environment ; using Windows Explorer to create and mange files and folders ; ...

Summers, A 2010, The Lost Mother A Story of Art and Love, Melbourne Univ. Publishing.
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After her mother's death in 2005, Anne Summers inherits a portrait of her mother as a child. Mesmerised by this image, she finds herself drawn into the story of how the portrait was painted and eventually found its way into her family.

Wearing, S, Stevenson, D & Young, T 2010, Tourist Cultures: Identity, Place and the Traveller, 1st, SAGE Publications Ltd, London, UK.
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Sharp, engaging and relevant, Tourist Cultures presents valuable critical insights into tourism - arguing that within the imagined-real spaces of the traveller self it becomes possible to envisage tourist cultures and futures that will empower and engage. Here is a framework for understanding tourism which is subject-centred, dynamic, and capable of dealing with the complexity of contemporary tourist cultures. The book argues that tourists are not passive consumers of either destinations or their interpretations. Rather, they are actively occupied in a multi-sensory, embodied experience. It delves into what tourists are looking for when they travel, be they on a package tour, or immersing themselves in the places, cultures and lifestyles of the exotic. Tourism is examined through a consideration of the spaces and selves of travel, exploring the cultures of meaning, mobilities and engagement that frame and define the tourist experience and traveller identities. This book draws on the explanatory traditions of sociology, human geography and tourism studies to provide useful insights into the experiential and the lived dimensions of tourism and travel. Written in an accessible and engaging style, this is a welcome contribution to the growing literature on tourism and will be important reading for students in a range of social science and humanities courses.

White, A 2010, Cloud 9 Pty Ltd: An Audit Case Study, Revised Edition, Wiley.

Adair, D 2010, 'Where the Games never cease: The Olympic Museum in Lausanne, Switzerland' in Girginov, V (ed), The Olympics: A Critical Reader, Routledge, UK, pp. 172-190.
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In its current form, the Olympic Museum in Lausanne is only 10 years old. None the less, during that brief time the museum has become a significant showcase for the Olympic movement. This chapter examines the International Olympic Committee's (IOC) rationale for establishing an Olympic Museum, the process of funding its development and the museum's varied roles as archival repository, exhibition centre and tourist destination.

Bajada, C & Trayler, R 2010, 'How Australia survived the global financial crises' in Gup, BE (ed), The Financial and Economic Crises: An International Perspective, Edward Elgar, UK, pp. 139-154.
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The first major effect of the US subprime mortgage market was relt in Australia around August 2007 when the Australian mortgage lender RAMS announced that it was unable to sell $6 billion' of its securitized debt in the global financial market. The RAMS financing model depended on selling home loans in AustralIa, securitizing these and then seUing the securitize

Cashman, R 2010, 'Austalian Sport and Culture Before Federation' in Sport, History and Australian Culture, Walla Walla Press, Sydney, Australia, pp. 8-39.

Cashman, R 2010, 'Australian Sport and Culture After Federation' in Sport, History and Australian Culture, Walla Walla Press, Sydney, Australia, pp. 92-130.

Cashman, R 2010, 'The Imaginary Grandstand' in Sport, History and Australian Culture, Walla Walla Press, Sydney, Australia, pp. 40-77.

CLARKE, T & KLETTNER, A 2010, 'CORPORATE GOVERNANCE AND THE GLOBAL FINANCIAL CRISIS: THE REGULATORY RESPONSES' in Tourani-Rad, A & Ingley, C (eds), HANDBOOK ON EMERGING ISSUES IN CORPORATE GOVERNANCE, World Scientific Publishing, Singapore, pp. 71-102.
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AbstractThe following sections are included:IntroductionCauses of the Financial CrisisInternational ReformsUnited StatesUnited KingdomAustraliaConclusion

Clegg, SR & Kornberger, M 2010, 'An Organizational Perspective on Space and Place Branding' in Go, FM & Govers, R (eds), International Place Branding Yearbook 2010, Palgrave Macmillan UK, London, pp. 3-11.
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Today, it is commonplace to say that we live in what has been called a society of organizations (Perrow 1991), one in which questions of power and control exercised by organizations become crucial. One consequence of this is the ubiquity of theories of organization that focussed on what economists had glossed as the "firm" - without really attending too much to what actually transpired within the great variety of organizations that this term might cover - as well as those many organizations that it might not cover. Economics was interested in the idea of a free market. Initially, the firm was seen as the home of hierarchy - the alternative to markets (Williamson 1975). But the more society, economics and organizations were studied, the greater became the gloss on what occurred within the firm: to accommodate networks, alliances, communities of practice, human and non-human assemblages, rhizomes ... until the idea of free market exchange became the exception, not the norm. This shift in perspective has important implications: free market models, known as neoclassical economics, implied that rational actors made decisions based on economic calculations. The social and the political were eliminated from the economic, as well as the cognitive, limits that produce "bounded rationality" (Simon 1982). Against the sterility of the models thus produced, organization theory, which began its career fixated on bureaucracy, developed various antithetical models. Central to all of these are notions of nonnecessity and of choice.

Collins, J, Darcy, S & Jordan, K 2010, 'Multi-method research on ethnic cultural tourism in Australia' in Richards, G & Munsters, W (eds), Cultural Tourism Research Methods, CABI, UK, pp. 87-103.
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Darcy, S & Buhalis, D 2010, 'Conceptualising disability' in Buhalis, D & Darcy, S (eds), Accessible Tourism: Concepts and Issues, Channel View Publications, UK, pp. 21-45.
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Disability is a social construct with approaches to and concepts of disability changing over history, between societies within historical periods and having cultural contexts (Gleeson, 1999). At different times and places, the dominant worldview affects the position of disability within the social context. It is important to understand these conceptual approaches and the implications they have for the treatment of people with disabilities in a tourism context. This chapter reviews the contemporary models and discourses of disability to provide a theoretical base on which to understand tourism from a disability perspective and, hence, the development of accessible tourism.

Darcy, S & Buhalis, D 2010, 'Introduction: From disabled tourists to accessible tourism' in Buhalis, D & Darcy, S (eds), Accessible Tourism: Concepts and Issues, Channel View Publications, UK, pp. 1-20.
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Darcy, S & Small, J 2010, 'Theorizing Precincts: Disciplinary Perspectives' in City Spaces - Tourist Places: Urban Tourism Precincts, pp. 63-92.
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Darcy, S, Ambrose, I, Schweinsberg, F & Buhalis, D 2010, 'Conclusion: Universal approaches to accessible tourism' in Buhalis, D & Darcy, S (eds), Accessible Tourism: Concepts and Issues, Channel View Publications, UK, pp. 300-316.
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This book aimed to explore and document the current theoretical approaches, foundations and issues in the study of accessible tourism. As has already been alluded to in a number of chapters, the tourism industry interest in accessible tourism has accelerated in recent years as stakeholders wrestle with notions of accessibility, `tourism for all, and the way in which these ideas can be incorporated into business practices. What should become apparent from a reading of the chapters is that accessible tourism is by its very nature multifaceted, which is conceptualised through a range of diverse theoretical discourses and networks. Due to this, it would be hubris for us to suggest in the course of this concluding chapter that a book such as this can ever hope to offer a comprehensive appraisal of the scope of accessible tourism as a developing and dynamic field.

Darcy, S, Ambrose, I, Schweinsberg, S & Buhalis, D 2010, 'Chapter 19. Conclusion: Universal Approaches to Accessible Tourism' in Accessible Tourism, Multilingual Matters, pp. 300-316.
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Dwyer, L & Darcy, S 2010, 'Economic contribution of tourists with disabilities: An Australian approach and methodology' in Buhalis, D & Darcy, S (eds), Accessible Tourism: Concepts and Issues, Channel View Publications, UK, pp. 214-240.
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This chapter presents the findings of a study into the economic contribution of tourists with disabilities to the Australian economy. The importance of including economic modelling within the research project is that rudimentary market estimates of tourists with disabilities in Australia were undertaken over a decade ago (Darcy, 1998). These estimates used a basic gross demand approach without having any detailed understanding of the expenditure patterns of the group. Further, while more detailed work has been undertaken in the US (HarrisInteractive Market Research, 2003, 2005) and Europe (Buhalis et al., 2005; Neumann & Reuber, 2004) these continued to use basic gross demand estimates rather than any form of sophisticated economic modelling.

Dwyer, L & Edwards, DC 2010, 'Sustainable tourism planning' in Liburd, JJ & Edwards, D (eds), Understanding the Sustainable Development of Tourism, Goodfellow Publishers Ltd, Oxford, UK, pp. 20-44.
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Tourism not properly planned and managed can leave permanent footprints on the physical, social, cultural and economic environments of destinations. Tourism development can be alienating to local residents, overcrowded, noisy, architecturally tasteless, and place pressures on infrastructure. Inappropriate types and scales of development may arise due to laissez-faire tourism policies and a lack of national, regional or local planning and regulation. Governments and stakeholders in the tourism sector have a responsibility to ensure that in the development of tourism long-term prosperity and the quality of life of future generations are not placed at risk.

EDWARDS, D 2010, 'Australian War Memorial, Australian Museum, and the Art Gallery of New South WalesMutually Satisfying Relationships: the Secrets of Successful Volunteer Programs in Australian Museums' in Managing Volunteers in Tourism, Elsevier, pp. 161-173.
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Edwards, D, Dickson, T, Griffin, T & Hayllar, B 2010, 'Tracking the urban visitor: methods for examining tourists' spatial behaviour and visual representations.' in Richards, G & Munsters, W (eds), Cultural Tourism Research Methods, CABI, UK, pp. 104-114.
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This chapter examines the spatial behaviour of urban tourists. Alternatively it is possible to explore tourist spatial movements broadly, by focusing only on the trails taken. Including both the local community and tourists in such a study would add greater breadth to analysing the way in which urban spaces are negotiated and used. Similar to the Spatial Metro Project, large-scale mapping of pedestrian movement can be undertaken from parking stations and/or major transport interchanges with no debriefing or image capture. It presents the whole process, things that went well and things that did not.

Edwards, D, Griffin, T & Hayllar, B 2010, 'Darling harbour: Looking back and moving forward' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places, Butterworth-Heinemann, Oxford, UK, pp. 275-294.
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Edwards, DC, Griffin, T & Hayllar, BR 2010, 'Confl icts and Politics in Precinct Development' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places, Routledge, Oxford, UK, pp. 221-240.
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Edwards, DC, Griffin, T & Hayllar, BR 2010, 'Urban Tourism Precincts: Engaging with the Field' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places, Routledge, Oxford, UK, pp. 21-36.
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Fee, A 2010, 'Performance management of expatriates in China' in Connell, J & Teo, S (eds), Strategic HRM: Contemporary issues in the Asia Pacific Region, Tilde University Press, Prahan VIC, pp. 284-302.

Griffin, T, Hayllar, B & Edwards, D 2010, 'Places and People: A Precinct Typology' in City Spaces - Tourist Places: Urban Tourism Precincts, pp. 39-62.
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Hayllar, B, Griffin, T & Edwards, D 2010, 'City Spaces - Tourist Places' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces: Tourist Places: Urban Tourism Precincts, Routledge, Oxford, UK, pp. 39-62.
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Hayllar, B, Griffin, T & Edwards, D 2010, 'City spaces - Tourist places' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places: Urban Tourism Precincts, Butterworth-Heinemann, Oxford, UK, pp. 1-381.
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Over the last decade, commentaries and research on urban tourism precincts have predominantly focused on: their role in the tourism attractions mix; their physical and functional forms; their economic significance; their role as a catalyst for urban renewal; their evolution and associated development processes; and, perhaps more broadly, their role, locality and function within the context of urban planning. City Spaces - Tourist Places both consolidates and develops the extant knowledge of urban tourism precincts into a coherent research driven contemporary work. It revisits and examines the foundational literature but, more importantly, engages with aspects of precinct development that have previously been either underdeveloped or received only limited consideration, such as the psychological and socio-cultural dimensions of the precinct experience. Written by an international team of contributors it provides the reader with: A comprehensive analysis of foundational theory and cutting-edge advances in the knowledge of the precinct phenomenon. An examination of previously underdeveloped topics and themes based on contemporary and ground-breaking research. Typological and theoretical frameworks in which to locate precinct form, function and experience Brilliantly edited to ensure theoretical continuity and coherence City Spaces - Tourist Places is vital reading for anyone involved in the study or planning of urban tourism precincts. © 2008 Elsevier Ltd. All rights reserved.

Hayllar, B, Griffin, T & Edwards, D 2010, 'Urban Tourism Precincts: Engaging with the Field' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places: Urban Tourism Precincts, Butterworth-Heinemann, Oxford, UK, pp. 3-18.
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Hayllar, BR, Griffin, T & Edwards, DC 2010, 'Darling Harbour: Looking Back and Moving Forward' in Hayllar, B, Griffin, T & Edwards, D (eds), City Spaces - Tourist Places, Routledge, Oxford, UK, pp. 293-312.
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NA

Hulley, H & Schweizer, M 2010, 'M-6-On Minimal Market Models and Minimal Martingale Measures' in Chiarella, C & Novikov, A (eds), Contemporary Quantitative Finance: Essays in Honour of Eckhard Platen, Springer, Germany, pp. 35-+.
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The well-known absence-of-arbitrage condition NFLVR from the fundamental theorem of asset pricing splits into two conditions, called NA and NUPBR. We give a literature overview of several equivalent reformulations of NUPBR; these include existence of a growth-optimal portfolio, existence of the numeraire portfolio, and for continuous asset prices the structure condition (SC). As a consequence, the minimal market model of E. Platen is seen to be directly linked to the minimal martingale measure. We then show that reciprocals of stochastic exponentials of continuous local martingales are time changes of a squared Bessel process of dimension 4. This directly gives a very specific probabilistic structure for minimal market models.

Jordan, K, Krivokapic-Skoko, B & Collins, J 2010, 'Immigration and Multicultural Place-Making in Rural and Regional Australia' in Luck, G, Race, D & Black, R (eds), Landscape Series, Springer Netherlands, Australia, pp. 259-280.
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There has been comparatively little research on the relationship between immigrants and place in the context of rural and regional Australia. Considering that immigration to regional and rural Australia has been given important national importance we argue that the contemporary research on rural ethnic landscapes should be broadened to discuss the impact of different ethnic groups on the built environment of rural townships. The immigrants settling down in rural areas have transformed rural landscapes through the construction of public and private spaces expressing their cultural heritage. These sites can significantly impact the dynamics of social cohesion and intercultural relations in multicultural rural communities. They can also have a role in attracting and retaining immigrants in non-metropolitan areas. This chapter links the built environment and immigration in rural Australia and explores the potential role of the sites built by rural ethnic minorities in facilitating intra-group and inter-group social encounter, trust and networks. The chapter then outlines the empirical findings from applying these concepts to the sites built and used by non-Anglo-Celtic immigrants to Griffith, a regional city in south-western New South Wales (NSW), and Katanning, a small rural community south-east of Perth in Western Australia (WA).

Leung, L, Humphreys, T & Weakley, A 2010, 'Designing E-Mail for Knowledge Management in Distributed Organizations' in Ragusa, AT (ed), Interaction in Communication Technologies and Virtual Learning Environments, IGI Global, Hershey, PA, pp. 26-37.
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E-mail has become so ubiquitous that it has surpassed existing only as a tool of asynchronous communication. E-mail has contributed to the rise of the distributed organization that is widely dispersed across nodes and locations. Email is being used in diverse ways and for an increasing range of unintended purposes. This chapter charts the history of e-mail, from early investigations of handling e-mail overload, to a review of software applications designed to ameliorate unanticipated outcomes. It suggests that while e-mail has been appropriated for information and knowledge management, there has been minimal analysis of this beyond the individual. By presenting a case study of a distributed organization, detailing the process by which e-mail was leveraged for organizational knowledge through the design of an application that enabled visualization of e-mail data, this research shows e-mail technology can become a core repository of corporate knowledge.

Oppewal, H, Morrison, MD, Wang, PZ & Waller, DS 2010, 'Preference stability: Modelling how consumer preferences shift after receiving new product information' in Hess, S & Daly, A (eds), Choice Modelling: The State-of-the-Art and the State-of-Practice, Emerald, Bingley, UK, pp. 499-516.
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An assumption made in many applications of stated preference modeling is that preferences remain stable over time and OYer multiple exposures to information about choice alternatives. However, there are many domains where this assumption can be challenged. One of these is where individuals learn about new products. This paper aims to test how attribute preferences as measured in an experimental choice task shift when respondents are exposed to new product information. The paper presents results from a study investigating consumer preferences for a new consumer electronics product conducted among 400 respondents from a large consumer panel. All respondents received several choice tasks and were then able to read additional information about the new product.

Presbury, R & Edwards, DC 2010, 'Managing sustainable festivals, meetings and events' in Liburd, JJ & Edwards, D (eds), Understanding the Sustainable Development of Tourism, Goodfellow Publishers Ltd, Oxford, UK, pp. 163-187.
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Festivals, meetings and events (FMEs) are an important component of the tourism industry. FMEs provide opportunities for social and cultural exchange, exchange of new and innovative ideas, business contacts, and learning. They play a key role in many destinations in attracting tourists, providing recreational activities for the community and developing and strengthening a destination's image. Each FME provides a specific kind of appeal and experience, which in most cases cannot be repeated. As the appreciation of the benefits of holding festivals, meetings and events grows, governments and operators are continuing to invest in developing the necessary facilities and infrastructure to accommodate this tourism activity.

Presbury, R & Edwards, DC 2010, 'Sustainable operations management' in Liburd, JJ & Edwards, D (eds), Understanding the Sustainable Development of Tourism, Goodfellow Publishers Ltd, Oxford, UK, pp. 45-66.
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Unlike many business sectors, tourism is an amalgamation of various industries offering products and services ranging from airline and cruise ship travel and accommodation to restaurant meals, entertainment, souvenirs and gifts, park services, recreational vehicles, resort development, safaris, leisure and recreational opportunities. There is growing recognition that established management practices have led to undesirable social and environmental impacts, some of which, in turn, threaten the sustainablllty of tourism operations. It is consequently the management of tourism operations, at the local and individual level, that has major implications for sustainability. It is essential that forces of change begin with company policy and actions at the organisational level.

Pullen, A & Rhodes, C 2010, 'Gender, Mask and the Face: Towards a Corporeal Ethics' in Revealing and Concealing Gender, Palgrave Macmillan UK, pp. 233-248.
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Rhodes, CH & Pullen, A 2010, 'Revealing and Concealing Gender' in Lewis, P & Simpson, R (eds), Concealing and Revealing Gender, Palgrave Macmillan UK, Badingstoke, pp. 233-248.
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Roesch, D & Scheule, H 2010, 'Downturn model risk: Another view of the global financial crisis' in Scheule, H & Roesch, D (eds), Model risk - Identification, measurement and management, Risk Books, London, UK, pp. 3-18.
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Researchers and practitioners have spent ample resources modelling credit, explaining correlations between risk models as well as inputs and outputs. One popular example is asset correlation, which describes the co-movement between the asset value returns of corporate borrowers or issuers. Other examples are default correlations, correlations between default and recovery processes and correlations between risk categories such as credit, interest, liquidity or market risk. In statistical terms, correlations are often placeholders for relationships which cannot be explained and are also known as 'seeming correlations'. The 2008-9 global financial crisis caught us by surprise and showed that, starting with US subprime mortgage markets, other markets such as equity, credit and commodity markets have declined globally. These links have not been included into existing risk models, and this chapter identifies these links and shows . how to address these relationships in risk models.

Schulenkorf, N & Edwards, D 2010, 'The role of sport events in peace tourism.' in Moufakkir, O & Kelly, I (eds), Tourism, progress and peace, CABI, UK, pp. 99-117.
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The focus of this chapter is on understanding how positive social impacts can be created and leveraged through sport events to achieve lasting peaceful outcomes for disparate communities. The chapter presents findings from a larger study that examined two 'sport for development' event projects in war-torn Sri Lanka to identify how event planners and managers can maximize and leverage social benefits for participants, spectators, supporters and the wider community. The chapter is underpinned by a discussion of the concept of intergroup relations and an examination of previous research on the contribution sport events make to peace and inclusive social development. Drawing on significant insights from the field, strategies for maximizing sport event benefits are highlighted and represent valuable learning opportunities for those interested in fostering peace through event tourism.

Small, J & Darcy, S 2010, 'Tourism, disability and mobility' in Cole, S & Morgan, N (eds), Tourism and Inequality: Problems and Prospects, CABI, UK, pp. 1-20.
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In more economically developed countries, tourism is considered part of the modern experience with all people having the right to travel. None the less, there are many groups of people who do not take holidays or do not fully participate in the holiday experience for reasons such as low income, ethnicity, sexual orientation, gender, body size and disability. This chapter focuses on disability, in particular mobility, and argues that people with disabilities should expect the same rights to citizenship and the same quality of life as the non-disabled, which include the right to travel and participate in leisure activities (United Nations , 1993).

Small, J & Darcy, S 2010, 'Understanding tourist experience through embodiment: The contribution of critical tourism and disability studies' in Buhalis, D & Darcy, S (eds), Accessible Tourism: Concepts and Issues, Channel View Publications, UK, pp. 73-97.
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This chapter seeks to understand the tourist experiences of people with disabilities, including the seniors who also constitute the accessible tourism market. Tourism experiences can be viewed through many approaches. The following discussion is situated within the framework of critical theory in tourism studies and critical disability studies theory, both of which focus on ends rather than means, examining social power structures with a commitment to emancipation. The lived experience of the person is the subject matter and within the approaches of critical tourism and critical disability studies, the lived experience is a bodily experience. This chapter examines the embodied experience of those with disabilities within the tourism context.

Wearing, S & Grabowski, S 2010, 'Volunteer tourism and intercultural exchange: Exploring the 'Other' in the experience' in Benson, A (ed), Volunteer Tourism: Theoretical Frameworks and Practical Applications, Routledge, Oxon, UK, pp. 193-210.
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Volunteer tourism as a form of international development has been posed as an alternative mechanism which has the potential to achieve different socio-cultural outcomes. In this guise it aims 'to establish direct personal/cultural intercommunication and understanding between host and guest' (Dernoi, 1988: 89). This chapter explores the volunteer tourist and their interaction with the host community. It is argued that the relationship between the volunteer tourist and the community gives shape to a richer understanding of the volunteer tourism experience, where more equal power relationships are evolving and where the experience is more inclusive of the 'Other'. Where tourism in less developed countries is frequently criticised as creating development that results in power inequalities between host and guest it is important to examine this issue for volunteer tourism.

Wearing, S & Jobberns, C 2010, 'Ecotourism and the Commodification of Wildlife: Animal Welfare and the Ethics of Zoos' in Warwich Frost (ed), Zoos and Tourism: Conservation, Education, Entertainment?, Channel View Publications, Canada, pp. 47-58.
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Current directions in ecotourisrn reflect an increasing tendency towards the commodification of nature. The quest for profit from nature-based activities, particularly tourism, has spawned an industry lacking an ethic of care for nature and, specifically, the animals used in this new ecotourism regime. Economic rationalist approaches often place economic incentive before the intrinsic and intangible values of nature. This often results in the inappropriate development or use of natural resources and changes the capacity of the resource to meet the expectations of users.

安田洋祐 2010, '学校選択制のデザイン ゲーム理論アプローチ', NTT出版.
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子どもたちが通学区域に縛られずに学校を選ぶことを可能にする学校選択制。わが国でも公立小中学校の約15%が実施しており、その是非をめぐって活発に議論が行われている。本 ...

Adair, D 2010, 'British Asians and Football: Culture, Identity, Exclusion', SPORT IN HISTORY, vol. 30, no. 1, pp. 173-174.

Adair, D & Rowe, D 2010, 'Beyond boundaries? 'Race', ethnicity and identity in sport', INTERNATIONAL REVIEW FOR THE SOCIOLOGY OF SPORT, vol. 45, no. 3, pp. 251-257.
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This dual engagement of race and ethnicity widens the scope of analysis, but it also presents challenges, such as contention over what these descriptors are said to represent, and their complex and often contradictory relationship. For example, there is a widespread view that there is no scientific basis to `race, hence the qualifier `race is sometimes highlighted to emphasize the social constructedness of this term and, therefore, the fallacy of biological determinism (Graves, 2001). `Race, in this sense, is simplistically applied to skin colour and stereotypical assumptions about identity and status associated with racialized appearance. Despite its flaws, `race has currency in social practice; as Warmington has put it, `the paradox of race-conscious scholarship (2009: 281) lies in the need to work within, yet against, problematic conceptual tools. Indeed, by placing `race in inverted commas in this context, we have signalled our refusal to legitimize the concept while recognizing its stubborn persistence within language, culture and politics. The articles herein, when taken as a whole, provide the reader with an opportunity for reflection upon sport and societal structures, norms, values, narratives, discourses and symbols in the context of what might be termed ethno-racial studies.

Adair, D, Taylor, T & Darcy, S 2010, 'Managing ethnocultural and ‘racial’ diversity in sport: Obstacles and opportunities', Sport Management Review, vol. 13, no. 4, pp. 307-312.
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Diversity involves coming to terms with alterity (otherness) and negotiating inclusion (togetherness). That goal is more likely, philosopher Emmanuel Levinas argues, when people usually separated socially culturally, politically, economically geographically are brought together in consensual face-to-face contact and in social contexts where equitable interpersonal co-operation and group cohesion are fostered (Burggraeve, 2002, 2008). Such a quest for consensus about diversity and mutuality, as opposed to discordance through disdain for difference (Grillo, 2007), is a challenge (but also an opportunity) in a range of normative environments, such as business, education and sport (Kostogriz & Doecke, 2007; Lim, 2007; Sykes, 2006). In an overarching sense, the management of diversity and the policies that underpin mutuality are arguably contributions to cosmopolitanism, which Vertovec and Cohen (2002, p. 4) argue incorporates `variously complex repertoires of allegiance, identity and interest. They conclude that cosmopolitanism, as an applied philosophical position, `seems to offer a mode of managing cultural and political multiplicities (2002, p. 4).

Anufriev, M & Bottazzi, G 2010, 'Market equilibria under procedural rationality', Journal of Mathematical Economics, vol. 46, no. 6, pp. 1140-1172.
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We analyze the endogenous price formation mechanism of a pure exchange economy with two assets, riskless and risky. The economy is populated by an arbitrarily large number of traders whose investment choices are described by means of generic smooth functions of past realizations. These choices can be consistent with (but not limited to) the solutions of expected utility maximization problems. Under the assumption that individual demand for the risky asset is expressed as a fraction of individual wealth, we derive a complete characterization of equilibria. It is shown that irrespectively of the number of agents and of their behavior, all possible equilibria belong to a one-dimensional "Equilibrium Market Curve". This geometric tool helps to illustrate the possibility of different phenomena, as multiple equilibria, and can be used for comparative static analysis. We discuss the relative performances of different strategies and the selection principle governing market dynamics on the basis of the stability analysis of equilibria.

Anufriev, M & Dindo, P 2010, 'Wealth-driven selection in a financial market with heterogeneous agents', JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, vol. 73, no. 3, pp. 327-358.
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We study the co-evolution of asset prices and individual wealth in a financial market with an arbitrary number of heterogeneous boundedly rational investors. Using wealth dynamics as a selection device we are able to characterize the long run market outcomes, i.e., asset returns and wealth distributions, for a general class of competing investment behaviors. Our investigation illustrates that market interaction and wealth dynamics pose certain limits on the outcome of agents' interactions even within the "wilderness of bounded rationality". As an application we consider the case of heterogeneous mean-variance optimizers and provide insights into the results of the simulation model introduced by Levy, Levy and Solomon (1994).

Arthur, N, Cheng, M & Czernkowski, R 2010, 'Cash flow disaggregation and the prediction of future earnings', ACCOUNTING AND FINANCE, vol. 50, no. 1, pp. 1-30.
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We examine the incremental information content of the components of cash flows from operations (CFO). Specifically the research question examined in this paper is whether models incorporating components of CFO to predict future earnings provide lower prediction errors than models incorporating simply net CFO. We use Australian data in this setting as all companies were required to provide information using the direct method during the sample period. We find that the cash flow components model is superior to an aggregate cash flow model in terms of explanatory power and predictive ability for future earnings; and that disclosure of non-core (core) cash flows components is (not) useful in both respects. Our results are of relevance to investors and analysts in estimating earnings forecasts, managers of firms in regulators' domains where choice is provided with respect to the disclosure of CFO and also to regulators' deliberations on disclosure requirements and recommendations. © The Authors. Journal compilation © 2009 AFAANZ.

Auger, P, Devinney, TM, Louviere, JJ & Burke, PF 2010, 'The importance of social product attributes in consumer purchasing decisions: A multi-country comparative study', INTERNATIONAL BUSINESS REVIEW, vol. 19, no. 2, pp. 140-159.
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This paper examines the role that social attributesenvironmental and labour conditionsplay in product choice across a range of developed and emerging economies. We use a multi-attribute design to force consumers to not only trade-off social attributes with tangible attributes but also make trade-offs with other intangible attributes, namely brand and country of origin. Our results show that: (1) social attributes are generally more influential in developed than in emerging economies, (2) the importance of social attributes holds across high and low involvement products, and (3) social attributes can influence product choice even when other intangible attributes are included in the design. We believe that our results offer a more accurate picture of the role of social attributes since they are based on a multi-cue, multi-product design that forced consumers to make tradeoffs between tangible and intangible attributes.

Azeem, A & Paul, SK 2010, 'Selection of the optimal number of shifts in fuzzy environment: manufacturing company’s facility application', Journal of Industrial Engineering and Management, vol. 3, no. 1, pp. 54-67.
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This paper addresses the selection of optimal shift numbers considering inventory information, customer requirements and machine reliability using fuzzy logic. Number of shift is one of the most important criteria for the production planners to minimize the production costs and is essential for appropriate production planning. The main task involves optimizing the shift periods considering constraints of raw material, due date, demand, finished goods inventory and machine breakdown. A model is developed for any kind of manufacturing company where shift periods affect company's profit and cost. Fuzzy control is used to optimize the number of shifts under the constraints of raw material, due date, demand, finished goods inventory and machine breakdown. MATLAB Fuzzy Logic Tool Box is used to develop the model. © Journal of Industrial Engineering and Management, 2010.

Baddeley, M 2010, 'Herding, social influence and economic decision-making: socio-psychological and neuroscientific analyses', Philosophical Transactions of the Royal Society B: Biological Sciences, vol. 365, no. 1538, pp. 281-290.
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Typically, modern economics has steered away from the analysis of sociological and psychological factors and has focused on narrow behavioural assumptions in which expectations are formed on the basis of mathematical algorithms. Blending together ideas from the social and behavioural sciences, this paper argues that the behavioural approach adopted in most economic analysis, in its neglect of sociological and psychological forces and its simplistically dichotomous categorization of behaviour as either rational or not rational, is too narrow and stark. Behaviour may reflect an interaction of cognitive and emotional factors and this can be captured more effectively using an approach that focuses on the interplay of different decision-making systems. In understanding the mechanisms affecting economic and financial decision-making, an interdisciplinary approach is needed which incorporates ideas from a range of disciplines including sociology, economic psychology, evolutionary biology and neuroeconomics.

Battisti, M, Deakins, D & Roxas, H 2010, 'Explaining the levels of innovation and R&D in New Zealand’s small and medium-sized enterprises: Too many small firms?', Small Enterprise Research, vol. 17, no. 2, pp. 177-192.
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Bertin, WJ, Fowler, P, Michayluk, D & Prather, L 2010, 'An analysis of Australian exchange traded options and warrants', Journal of Economics and Finance, vol. 34, no. 2, pp. 150-172.
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© Springer Science + Business Media, LLC 2009. This study focuses on the price discovery process in Australian option and warrant markets. Characterizing these two markets in terms of their cost structures and institutional features, we formally test competing price discovery hypotheses. The general findings indicate that the warrants market is the dominant market suggesting that their lower trading cost outweigh their less attractive institutional features. Additionally, we find that idiosyncratic differences among firms may result in a clientele effect thus providing justification for the coexistence of these seemingly redundant markets.

Bjorkeng, K & Clegg, S 2010, 'Becoming DragonBankers Constructing practice through processes of socially situated learning', SOCIETY AND BUSINESS REVIEW, vol. 5, no. 1, pp. 48-65.
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Purpose The purpose of this paper is to explore organizational induction as socially situated learning processes. It presents an empirical study of inductees going through an induction program in a medium sized bank and discusses their induction as a dual process of becoming a practitioner and constructing practice. Design/methodology/approach The research performed is qualitative: ethnographic methods including participant observation and interviews are used, and analysed through an interpretative methodology. Findings The paper suggests that the divide between the teaching curricula in the induction course and the learning curricula in real life banking contribute to the inductees ability and desire to engage in the construction of customer service officer practice; the divide itself legitimizes differences in particularities of the practice, and enhances the inductees ability to enact, accomplish, and construct practice actively. Research limitations/implications The paper suggests induction should be viewed as opportunities for organizational learning as much as the training of newcomers to adhere to organizational standards. Originality/value The paper presents a novel empirical case exploring socially situated learning. Looking at the confluence of authoring and performative acts allows us to expose the agentic dimension of practices; thus emphasising the construction involved in any practising.

Bjørkeng, K & Clegg, S 2010, 'Becoming DragonBankers', Society and Business Review, vol. 5, no. 1, pp. 48-65.
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PurposeThe purpose of this paper is to explore organizational induction as socially situated learning processes. It presents an empirical study of inductees going through an induction program in a medium sized bank and discusses their induction as a dual process of becoming a practitioner and constructing practice.Design/methodology/approachThe research performed is qualitative: ethnographic methods including participant observation and interviews are used, and analysed through an interpretative methodology.FindingsThe paper suggests that the divide between the teaching curricula in the induction course and the learning curricula in real life banking contribute to the inductees' ability and desire to engage in the construction of customer service officer practice; the divide itself legitimizes differences in particularities of the practice, and enhances the inductees' ability to enact, accomplish, and construct practice actively.Research limitations/implicationsThe paper suggests induction should be viewed as opportunities for organizational learning as much as the training of newcomers to adhere to organizational standards.Originality/valueThe paper presents a novel empirical case exploring socially situated learning. Looking at the confluence of authoring and performative acts allows us to expose the agentic dimension of practices; thus emphasising the construction involved in any practising.

Brown, AD, Kornberger, M, Clegg, SR & Carter, C 2010, ''Invisible walls' and 'silent hierarchies': A case study of power relations in an architecture firm', HUMAN RELATIONS, vol. 63, no. 4, pp. 525-549.
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In this article we investigate how power relates to the production of creative identities and outcomes. We report on an in-depth case study of an award-winning creative architecture firm. Our data show how talk about creativity and the creative identities of architects can be analysed as effects of power. Theoretically, our study represents an investigation into the disciplining of professional architects discourse about their selves, their organization, and their work. This article adds to debates on creative industries, demonstrating that creativity is deeply embedded in organizationally based relations of power.

Brown, P, Ferguson, A & Sherry, S 2010, 'Investor behaviour in response to Australia’s capital gains tax', Accounting & Finance, vol. 50, no. 4, pp. 783-808.
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AbstractWe calibrate the effect of Australia’s Capital Gains Tax (CGT) on share prices and market activity. Based on a large sample drawn from all listed Australian companies for the years 1994–2007, we find significant tax‐loss selling (TLS) of shares that lost value over the financial year, which is reflected in unusually high trading volume and more sell orders in June and a rebound in July. There is some evidence that small mining stocks are particular targets for TLS. Interestingly, the 1999 CGT reforms, which introduced concessions for long‐term capital gains, did not reduce the incidence of TLS.

Bruti-Liberati, N, Nikitopoulos-Sklibosios, C & Platen, E 2010, 'Real-world jump-diffusion term structure models', QUANTITATIVE FINANCE, vol. 10, no. 1, pp. 23-37.
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This paper considers interest rate term structure models in a market attracting both continuous and discrete types of uncertainty. The event-driven noise is modelled by a Poisson random measure. Using as numeraire the growth optimal portfolio, interest rate derivatives are priced under the real-world probability measure. In particular, the real-world dynamics of the forward rates are derived and, for specific volatility structures, finite-dimensional Markovian representations are obtained. Furthermore, allowing for a stochastic short rate in a non-Markovian setting, a class of tractable affine term structures is derived where an equivalent risk-neutral probability measure may not exist. © 2010 Taylor & Francis.

Bugeja, M & Rosa, RDS 2010, 'Capital gains taxation and shareholder wealth in takeovers', ACCOUNTING AND FINANCE, vol. 50, no. 2, pp. 241-262.
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Before December 1999, the capital gains of shareholders who sold their shares into Australian takeovers have been taxable irrespective of payment method. Subsequently, shareholders can elect to rollover capital gains in equity takeovers. We examine the effect of this change on the association between target shareholder capital gains and bidder and target firm shareholder wealth. The results indicate that prior to the regulatory change, cash consideration results in higher target shareholder returns for non-taxation reasons. After the introduction of capital gains tax rollover relief, we find that target and acquiring firm shareholders earn lower returns when cash consideration is offered to shareholders with greater capital gains.

Burke 2010, 'Striatal BOLD response reflects the impact of herd information on financial decisions', Frontiers in Human Neuroscience, vol. 4.
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Burke, CJ, Tobler, PN, Baddeley, M & Schultz, W 2010, 'Neural mechanisms of observational learning', Proceedings of the National Academy of Sciences, vol. 107, no. 32, pp. 14431-14436.
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Individuals can learn by interacting with the environment and experiencing a difference between predicted and obtained outcomes (prediction error). However, many species also learn by observing the actions and outcomes of others. In contrast to individual learning, observational learning cannot be based on directly experienced outcome prediction errors. Accordingly, the behavioral and neural mechanisms of learning through observation remain elusive. Here we propose that human observational learning can be explained by two previously uncharacterized forms of prediction error, observational action prediction errors (the actual minus the predicted choice of others) and observational outcome prediction errors (the actual minus predicted outcome received by others). In a functional MRI experiment, we found that brain activity in the dorsolateral prefrontal cortex and the ventromedial prefrontal cortex respectively corresponded to these two distinct observational learning signals.

Burke, CJ, Tobler, PN, Schultz, W & Baddeley, M 2010, 'Striatal BOLD response reflects the impact of herd information on financial decisions', Frontiers in Human Neuroscience, vol. 4.
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Like other species, humans are sensitive to the decisions and actions of conspecifics, which can lead to herd behavior and undesirable outcomes such as stock market bubbles and bank runs. However, how the brain processes this socially derived influence is only poorly understood. Using functional magnetic resonance imaging (fMRI), we scanned participants as they made decisions on whether to buy stocks after observing others' buying decisions. We demonstrate that activity in the ventral striatum, an area heavily implicated in reward processing, tracked the degree of influence on participants' decisions arising from the observation of other peoples' decisions. The signal did not track non-human, non-social control decisions. These findings lend weight to the notion that the ventral striatum is involved in the processing of complex social aspects of decision making and identify a possible neural basis for herd behavior. © 2010 Burke, Tobler, Schultz and Baddeley.

Burke, PF, Burton, C, Huybers, T, Islam, T, Louviere, JJ & Wise, C 2010, 'The Scale-Adusted Latent Class Model: Application to Museum Visitation', Tourism Analysis, vol. 15, no. 2, pp. 147-165.
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Preferences of tourists and visitors are varied in a number of markets, making it difficult for managers to understand how underlying segments might respond to changes in service offerings. Market segments differ in preferences for specific features, as well as how consistently they make their choices. In this article, we illustrate recent developments in choice modeling that allows for simultaneously modeling feature preferences and consistency of choice. We use the Scale-Adjusted Latent Class Model (SALCM) to better understand choices in the context of a research project conducted in collaboration with six major Australian museums involving a sample of 3,685 museum visitors. We identify three preference classes of museum-goers that explain preferences for levels of 26 museum attributes: Life Force (two thirds of visitors), Educated Thinkers, and Wealthy At-Homes. Our results indicate sensitivity to general entry prices, including preference for free entry or entry 'by donation.' Tours are preferred if smaller, lengthier, and conducted by paid museum staff. Not unexpectedly, the findings suggest that museums should cater for children, with some classes responding positively to providing supervised child areas. Most visitors prefer museums that are dynamic, offer new experiences, and regularly update permanent displays. However, the three classes identified have different overall experience preferences; for example, Educated Thinkers see museums as an educational opportunity, but Wealthy At-Homes prefer entertaining experiences. Incentives for return visits and cross-museum promotional offers are valued by the Life Force class, but have little effect on Educated Thinkers. The SALCM approach may be attractive to other areas of tourism analysis, especially where offerings contain many attributes and potential market segments are difficult to define and understand.

Carter, C, Clegg, S & Kornberger, M 2010, 'Re‐framing strategy: power, politics and accounting', Accounting, Auditing & Accountability Journal, vol. 23, no. 5, pp. 573-594.
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PurposeThis paper aims to analyse the rise and institutionalization of the discourse of strategic management. It seeks to advance an agenda for studying strategy from a sociologically informed perspective. Moreover, it aims to make a case for a critically informed, interdisciplinary approach to studying strategy.Design/methodology/approachThe paper provides an overview to studying strategy critically. It is a theoretically informed paper.FindingsThe findings can be summarised as: first, strategy emerged as a major discipline in the 1970s; second, as a body of knowledge strategy has remained close to its industrial economics origins; and third, an agenda for the sociological study of strategy revolving around concerns of performativity and power is outlined.Originality/valueThe paper offers a sociologically informed account of strategy.

Casey, J, Dalton, B, Melville, R & Onyx, J 2010, 'Strengthening government–nonprofit relations: international experiences with compacts', Voluntary Sector Review, vol. 1, no. 1, pp. 59-76.
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Governments around the world have sought to strengthen their relations with nonprofit organisations. In many jurisdictions this has led to the development of written framework agreements between government and the nonprofit sector, most commonly known as compacts. They have had widely differing impacts – some are seen as successful initiatives that have significantly strengthened relations between government and nonprofits, while others have had little effect and have been quickly discarded or ignored. This paper documents the recent evolution of such processes in the UK, Canada, Australia, the US, France, Estonia and Spain, and explores the parallels between them. The narratives from these countries illustrate an emerging common discourse, but also that the peculiarties of each polity have led to significantly different substantive outcomes.

Chelliah, J 2010, 'The Psychodynamics of the Client-Consultant Relationship.', International Journal of Business and Information, vol. 5, no. 2, pp. 135-150.
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This paper reveals the lack of discovery of the unwritten or unspoken expectations of clients in a client-consultant relationship. Successful management of these expectations on the part of the consultant could lead to fruitful outcomes for both clients and consultants. In addition, consultants who are adept at managing these expectations 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 significantly affecting consulting assignment outcomes for both client and consultant. It also highlights the dearth of research on investigation of the interplay, connectedness, and relationship among the various factors identified in isolation in the existing literature. In addressing this gap, the author proposes a conceptual framework with a broad research agenda with research questions to establish the linkages among the significant success factors identified in the literature. This paper makes a valuable contribution toward future research in this respect by providing a clear conceptual framework and robust research agenda.

Chelliah, J & Davis, D 2010, 'But do you like your (expensive management) consultant?', Journal of Business Strategy, vol. 31, no. 2, pp. 34-42.
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PurposeThe purpose of this study is to confirm the existence of PE and the role it plays from the perspective of management consultants. One of the greatest challenges facing management consultants today is how to win business through satisfying client needs. There are a number of authors who have identified that meeting clients' unwritten and unspoken expectations i.e. psychological expectations (PE), can yield competitive advantage for consultants. However, there is a dearth of research in this area.Design/methodology/approachSemi structured interviews were carried out with twenty management consultants in Australia. Questions canvassed their views on the existence of PE, the forms it took and its strategic value in client‐consultant relationships.FindingsTypes of PE identified in literature were found to exist widely in practice. Consultants were very aware of PE and the importance of addressing them. Benefits of meeting PE reported were additional business with existing clients or referrals by satisfied clients to other clients. Some PE presented an ethical dilemma to consultants and in some cases they would rather walk away from assignments which they deem as unethical.Originality/valueThe paper showed that the strategic importance placed on PE by practitioner literature is worthy of focus. Through this research, it has been established for the first time that psychological expectations impact upon the success of the client‐consultant relationship from the viewpoint of consultants.

Chelliah, J & Pitsis, TS 2010, 'Power sharing in progressive discipline: New rules of engagement arising from an Australian perspective', Contemporary Management Research, vol. 6, no. 2, pp. 91-110.
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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.

Cheung, E, Evans, E & Wright, S 2010, 'An historical review of quality in financial reporting in Australia', Pacific Accounting Review, vol. 22, no. 2, pp. 147-169.
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PurposeAustralia's early adoption of international financial reporting standards (IFRS) in 2005 was influenced by the argument that the quality of financial reporting would be improved as a result. The purpose of this paper is to provide an historical review of quality in relation to financial reporting in Australia by investigating how the qualitative characteristics of relevance, reliability, comparability and understandability developed in Australia between 1961 and 2004.Design/methodology/approachThis paper reviews the relevant academic and professional literature during the period as well as reporting on a survey of academics and others who contributed to debates about the characteristics of accounting.FindingsIn Australia the notion of “quality” can be captured by relevance, reliability, comparability and understandability although the names and descriptions of these elements have been debated over a 40‐year period. The paper contends that the exact meanings of those elements in relation to financial reporting remain unresolved, in spite of their adoption by the AASB Framework (2004) as the qualitative characteristics of accounting information.Research limitations/implicationsFuture research into the qualitative characteristics in Australia, which include questions such as the extent to which certain reporting practices or standards meet the requirements of one or more of the qualitative characteristics could be based on the historical development of these characteristics, as described in this paper. This paper also identifies critical areas that require further dialogue between researchers, st...

Clegg, S 2010, 'A Philosophical Errand to the End of Work', Time & Society, vol. 19, no. 2, pp. 286-288.
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Clegg, S 2010, 'The State, Power, and Agency: Missing in Action in Institutional Theory?', Journal of Management Inquiry, vol. 19, no. 1, pp. 4-13.
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Issue is taken with the relative absence of the analysis of power from many leading institutional theory accounts of organizations. The category of institutional entrepreneurs is seen as a functionalist theory-saving device. The stress on norms, myths, and legitimacy is questioned. The importance of a consideration of explicitly political organization is illustrated with an account of the deinstitutionalization of the Bjelke-Peterson government in Queensland. As well as institutionalization the importance of deinstitutionalization is suggested as is the centrality of translation. Recent work that has brought power and agency back into focus is discussed. The centrality of power as the main concept of the social sciences is promoted. The central importance of the state for early institutional accounts, its relative absence from more current ones, and its role in the creation of an “audit society” that would seem most likely to expand significantly in the wake of the global financial crisis is noted.

Clegg, S & Baumeler, C 2010, 'Essai: From Iron Cages to Liquid Modernity in Organization Analysis', Organization Studies, vol. 31, no. 12, pp. 1713-1733.
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Historically, the metaphor of the iron cage, as a key component of Weber’s sociological imagination, has played a central role in organization studies. It did so both in its initial role in the sociology of bureaucracy and in its reinterpretation in institutional terms. More recently, there have been claims that the metaphors should change. The implications of this for the analysis of organization are the subject of this paper. To address these changes, we draw on debates that have been current in the sociology of consumption, where there is an emergent consensus that there has been a shift to an increasingly liquid modernity. We ask, what are the implications of liquid modernity when viewed not solely in the sphere of consumption but when we shift focus back to the sphere of production — to organizations?

Clegg, SR 2010, 'Talking heads: Interview with Professor Stewart Clegg', Journal of Corporate Real Estate, vol. 11, no. 2.
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Clegg, SR & Bier, CA 2010, 'Ethics and power in business schools and organizations', Journal of Power, vol. 3, no. 2, pp. 227-242.
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The history of the business school as an institution stretches back 127 years to its foundations in the Wharton School in Philadelphia. Initially, it was an explicitly ethical project, centred on an ethic of professionalism, an ethics that was never stabilized and settled. Instead, a managerial ethic of the organization man was established in the USA during the post-war ascendancy and mimesis of the institution. From the 1980s onwards, in a response to the emergence of neo-liberal governmental projects, two strong and antithetical tendencies emerged. On the one hand, there was an enormous growth in economic rationalism organized around market fundamentalism. On the other hand, there was a growth of critical management, initially Marxist in derivation but increasingly Foucauldian. Just as labour process analysis seemed to run out of steam with endless empirical accounts of resistance so the Foucault effect seems to have become fixated with the gaze of surveillance and the panopticon. What next, after the ethic of the organization man and the administered society, the ethic of disinterest of science, the ethic of the survival of the fittest of neo-liberalism and the ethic of resistance characterizing critical management? The paper outlines some ideas from the Portuguese sociologist Boaventura de Sousa Santos to suggest a possible `fifth way of building more positive power relations in the business school and thus rekindling an ethical spark.

Collins, J & Low, A 2010, 'Asian female immigrant entrepreneurs in small and medium-sized businesses in Australia', Entrepreneurship & Regional Development, vol. 22, no. 1, pp. 97-111.
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Among western nations Australia has received, in relative terms, one of the largest and most diverse intakes of immigrants, many of who start up their own small and medium-sized enterprises (SMEs). While most immigrant entrepreneurs are male, there is growth in the number of female immigrants who have moved into entrepreneurship in Australia and other countries. Yet, research into female immigrant entrepreneurship and a theoretical investigation as to how the impact of ethnic diversity and gender on entrepreneurship can be conceptualized is not well developed in the literature. This article attempts to redress this gap. It reviews the theory of immigrant entrepreneurship and the Australian research, including the findings of unpublished fieldwork with 80 Asian female immigrant entrepreneurs in Sydney. While female immigrant entrepreneurs draw on their human capital and community and family networks as do all female small business owners, their small business experience is also shaped by broader societal responses to minority immigrants, embodied in the concept of the 'accent ceiling', that creates labour market and entrepreneurial barriers for women of minority linguistic, ethnic or religious background that non-immigrant entrepreneurs do not face. © 2010 Taylor & Francis.

Comerton-Forde, C & Putniņš, TJ 2010, 'Pricing Accuracy, Liquidity and Trader Behavior with Closing Price Manipulation', Experimental Economics, vol. 14, no. 1, pp. 110-131.
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We study the effects of closing price manipulation in an experimental market to evaluate the social harm caused by manipulation. We find that manipulators, given incentives similar to many actual manipulation cases, decrease price accuracy and liquidity. The mere possibility of manipulation alters market participants’ behavior, leading to reduced liquidity. We find evidence that ordinary traders attempt to profitably counteract manipulation. This study provides examples of the strategies employed by manipulators, illustrates how these strategies change in the presence of detection penalties and assesses the ability of market participants to identify manipulation.

Costa, LA & Vasconcelos, L 2010, 'Share the Fame or Share the Blame? The Reputational Implications of Partnerships', Journal of Economics & Management Strategy, vol. 19, no. 2, pp. 259-301.
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We use an adverse selection model to study the dynamics of firms' reputations when firms implement joint projects. We show that in the case of joint projects a firm's reputation does not necessarily increase following a success and does not necessarily decrease following a failure. We also study how reputation considerations affect firms' decisions to participate in joint projects. We show that a high‐reputation partner is not necessarily preferable to a low‐reputation partner and, when implementation of the joint project by a single firm is possible, a high‐quality partner may not be preferable to a low‐quality partner.

Craig, L & Siminski, P 2010, 'Men's Housework, Women's Housework, and Second Births in Australia', Social Politics: International Studies in Gender, State & Society, vol. 17, no. 2, pp. 235-266.
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Is gender inequality in unpaid work within households implicated in falling fertility rates? This paper investigates whether the likelihood couples with one child will have more children is affected by: (i) the amount of household labor they each perform or (ii) the way they divide household labor between themselves. Drawing a sample of partnered couples with one child (n = 573) from the longitudinal Household, Income and Labor Dynamics in Australia survey, we conduct multivariate regression analysis and find the more housework that Australian women do, the less likely they are to have more children. Neither fathers' time allocation to housework, nor relative shares of housework, were found to have an effect on subsequent fertility. Thus, mothers' own domestic workloads negatively impacted upon fertility, but shares of housework did not. © 2010 The Author. Published by Oxford University Press. All rights reserved.

Czernkowski, R, Green, W & Wang, Y 2010, 'The value of audit qualifications in China', Managerial Auditing Journal, vol. 25, no. 5, pp. 404-426.
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PurposeThe purpose of this paper is to determine whether audit opinions matter in China after the introduction of several key regulatory changes, specifically aimed at strengthening the confidence of investors in the audit function.Design/methodology/approachThe question is addressed by examining the market response to modified audit opinions of companies listed on the Shanghai Stock Exchange.FindingsIn contrast to earlier research, this paper does not find evidence that modified audit opinions have significant information value to Chinese investors, despite the regulatory changes. However, when partitioning the sample by year, there is weak evidence of a stock price response to modified audit opinions in 2003. Examination of the impact of different types of audit opinions shows no consistent results.Research limitations/implicationsThe results reported in this paper must be considered in light of the limitations inherent in empirical analyses. That is, the relationships identified in this paper are indicative of potential earnings management or audit opinion shopping, however, the paper cannot provide the actual reasons for these empirical results.Practical implicationsThe results suggest the Chinese market is beginning to value audit opinions in the same fashion way as more developed markets.Originality/valueThe paper refines market reaction models used in earlier studies through the introduction of additional e...

Darcy, S 2010, 'Inherent complexity: Disability, accessible tourism and accommodation information preferences', Tourism Management, vol. 31, no. 6, pp. 816-826.
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Studies have identified constraints with the way that accessible accommodation information is documented and marketed. Yet, no research has investigated the criteria that people with disabilities determine as 'important' to selecting accommodation and their preference for presenting this information. This paper presents the results of a survey (n = 566) to determine the relative importance of room selection criteria through the development of a 55-item Hotel Accessibility Scale. Four information formats were then presented to ascertain the preferences of the respondents. The results suggest that while sociodemographic variables offered some insight into criteria selection, the most significant explanation for criteria selection and information preferences were the dimensions of disability and level of support needs. The preferred format of accessible accommodation information provision was based on a combination of textual, floorplan and digital photography. The management implications suggest that detailed information provision using this format has benefits for accommodation stock yield and social sustainability. © 2009.

Darcy, S, Cameron, B & Pegg, S 2010, 'Accessible tourism and sustainability: a discussion and case study', Journal of Sustainable Tourism, vol. 18, no. 4, pp. 515-537.
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This paper explores the concept of accessible tourism and its links with triple-bottom-line (TBL) sustainability. Accessible tourism is reviewed through some of its central features including dimensions of access, universal design and the nexus between ageing and disability. The TBL is then examined to better understand the financial, environmental and social considerations that arise from accessible tourism. The research design used in this explorative research incorporated a case study approach, where a business case study instrument was developed. Methods included a Delphi group, review of management information systems, in-depth interviews with key informants, observation and participant observation. The study results revealed that rather than accessible tourism being a single construct, it forms one critical dimension of a series of interrelated, overlapping and interdependent business arrangements that extend beyond the business entity through a series of social networks within the destination region. It is argued that to properly satisfy the accessible tourism market, a more sophisticated understanding of accessible destination experiences is needed by tourism operators. The case study illustrates the considerable size and multi-niche markets served by accessible tourism destinations, the good fit between accessible tourism and TBL sustainable tourism, and the need for further research. © 2010 Taylor & Francis.

dela Rama, M, Edwards, M, Dalton, B & Green, J 2010, 'Honourable Intentions? Analysing the Interests of Private Equity in the Aged Care Sector', Third Sector Review, vol. 16, no. 3, pp. 63-82.
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The Australian aged care industry was once dominated by non-profit organisations but recently ownership has changed significantly with the entry of for profit and in particular private equity investment vehicles. This paper provides an overview of the main players and the effects of private equity on the Australian aged care sector. The analysis is framed within the literature which examines the relationship between ownership type and the quality of community services. It also presents a series of case studies which suggest that a change of ownership from non-profit to private equity may have significant consequences for the quality of service provision.

Delavande, A & Manski, CF 2010, 'Probabilistic Polling And Voting In The 2008 Presidential Election', Public Opinion Quarterly, vol. 74, no. 3, pp. 433-459.
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Delavande, A, Goldman, D & Sood, N 2010, 'Criminal Prosecution and Human Immunodeficiency Virus–Related Risky Behavior', The Journal of Law and Economics, vol. 53, no. 4, pp. 741-782.
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Docherty, P & Wang, G 2010, 'Using synthetic data to evaluate the impact of RTGS on systemic risk in the Australian payments system', Journal of Financial Stability, vol. 6, no. 2, pp. 103-117.
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This paper develops a new methodology for allowing researchers outside central banks to test the extent of payment system risk, and applies this methodology to an investigation of the impact that the introduction of real time gross settlement (RTGS) had on systemic risk in the Australian payments system. System-specific ratios are first developed to extract bilateral payment obligations from aggregate payments data in the Australian RTGS system. This synthetic data is then used to generate a deferred net settlement (DNS) system of similar dimensions to those the Australian system would have had, had RTGS not been introduced. Standard default simulation methodology is then applied to test the levels of systemic risk in both this system and the corresponding RTGS system to ascertain the degree to which the introduction of RTGS is likely to have reduced the level of risk. We find that while the level of systemic risk is likely to have been reduced in the Australian case, the size of the effect is small, a finding consistent with the results of payments system studies in other countries

Docherty, P, Tse, H, Forman, R & McKenzie, J 2010, 'Extending the Principles of Intensive Writing to Large Macroeconomics Classes', The Journal of Economic Education, vol. 41, no. 4, pp. 370-382.
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The authors report on the design and implementation of a pilot program to extend the principles of intensive writing outlined by W. Lee Hansen (1998), Murray S. Simpson and Shireen E. Carroll (1999) and David Carless (2006) to large macroeconomics classes. The key aspect of this program was its collaborative nature, with staff from two specialist units joining forces with two economics instructors to provide students with significant resources and direction in a short program of writing, embedded within an intermediate macroeconomics subject at the University of Technology, Sydney (UTS). The objective was to test potential strategies and to identify points of improvement for a more intensive program of writing development at the next stage of implementation. The authors review the literature on student writing and associated assessment issues, outline the central design features of the UTS program, and take a closer look at the centerpiece of a strategy for overcoming writing problems: a series of writing workshops targeted at two related assignments within the intermediate macroeconomics course. Copyright © Taylor & Francis Group, LLC.

Docherty, PT 2010, 'Credit evaluation, capital adequacy and asset price inflation: Key issues for prudential regulation after the global financial crisis', International Journal of Applied Economics and Econometrics, vol. 18, no. 4, pp. 29-57.
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Mostihnalyses of the global financial crisis to date have focused on analysing specific features of the 'Crisis including sub-prime loans defaults, the role of structured i~estrnent vehicles, defici~ncies in the performance of credit rating agencies and the reaction of financial markets.to losses sustained on account of these forces. Less attention has been paid to the~c1imate of asset price inflation within., which sub-prime loans were written although increasing , ~ttention has been paid to the regulatory responses. required by the crisis. Th~s paper briefly surveys the theory of financial system functions and prudential regulation, and cqnsiders the implications of this theory for ,understanding the causes of the crisis and the , shape that prudential regulation should take in the light of the crisis. It'argues for the establishment of an independent, public credit rating agency and for the financial system to be regulated functionally, with any entity that issues shorfterm securities (or deposits) against ' the holding of risky loans being made subject to Basel II capita1 requirements. It also argues that these requirements be made variable for loans used to finance key assets. in order to reduce the possibility of asset price inflation.

Docherty, PT & Tse, HP 2010, 'Reducing the expectations gap: Using an academic literacies approach to improve student writing in economics', Australasian Journal of Economics Education, vol. 7, no. 1, pp. 31-58.
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This paper reports on the evaluation of a writing program embedded within an intermediate macroeconomics course at an Australian university. This program was designed to address core issues identified by an academic literacies analysis of what might be called the higher education writing problem: an observed poor quality in the writing of higher education students across a range of disciplines. The program attempted to close an expectations gap between student and academic perceptions of what constitutes good writing by using clear and detailed assessment criteria, providing exemplars of good writing, and interacting with students about their writing in a series of writing workshops. Regressions of assignment results on a range of factors and a comparison of assignment results for students who attended the writing workshops versus those who did not, indicate a small but positive, and statistically significant, effect of important aspects of the writing program on assignment outcomes. A distributional effect was also observed whereby students at the pass-fail margin who attended the writing workshops performed better than those who did not. Limitations of the study are identified and suggestions are made for further work.

Drago, D, Lazzari, V & Navone, M 2010, 'Mutual Fund Incentive Fees: Determinants and Effects', FINANCIAL MANAGEMENT, vol. 39, no. 1, pp. 365-392.
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We investigate the how and why of performance fee provisions in a free contracting environment such as the Italian mutual fund market until 2006. We find weak support for the hypothesis that these provisions emerge as an economically efficient solution in a rational asset management industry plagued by asymmetric information. They appear to emerge mainly as the product of strategic pricing by asset managers wishing to ease market competition, leverage on investors' sentiment, and hedge their cost structure. Alternatively, fears that managers may opportunistically alter funds' investment policies to maximize the option value embedded in the incentive provisions appear unjustified.

Dwyer, L, Forsyth, P, Spurr, R & Hoque, S 2010, 'Estimating the carbon footprint of Australian tourism', Journal of Sustainable Tourism, vol. 18, no. 3, pp. 355-376.
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Dwyer, L, Spurr, R, Forsyth, P & Hoque, S 2010, 'Chapter 11 Australia's tourism carbon footprint', Bridging Tourism Theory and Practice, vol. 3, pp. 187-202.
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This chapter explores the issues in estimating the greenhouse gas (GHG) emissions from the tourism industry and related activities in Australia. A production-based approach is employed and its rationale is explained. The scope of tourism consists of the economic activities of tourism-characteristic and tourism-connected sectors as defined in the Australian Tourism Satellite Account (TSA). The GHG emissions have been estimated for 2003-04, the latest year for which detailed industry GHG emissions data are available in a form suitable for this type of estimate. Tourism's GHG emissions are compared with other industries in the Australian economy. The policy implications of the results are discussed. It should be possible to adopt a broadly similar method for any destination with a TSA, enabling tourism stakeholders to play an informed role in assessing appropriate climate change mitigation and adaptation strategies for their destination. Copyright © 2010 by Emerald Group Publishing Limited.

Emmerick, RR & Adair, D 2010, 'Prestige, privilege and polite society: The origins of fencing in New South Wales, 1800 to 1939', Sporting Traditions, vol. 27, no. 1, pp. 67-83.
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Fencing has been an Olympic sport since 1896, but even with that status it has attracted little interest from historians. Internationally the major study of fencing is Cohenï½s By the Sword (2002), which is not a history per se but rather snapshots of different people and times. Within that potted context, Australian fencing receives no mention, though such an omission may not surprise. Sporting Traditions has never published a paper on 15 of the 23 Summer Olympic Sports, including fencing. If there is to be worthwhile analysis of the Olympic movement and of the Games, surely an understanding of all of the sports of which the Olympics are comprised is a necessity. Further, while these 15 overlooked sports may be considered `minorï½ in Australia, many other countries ascribe great value to them. Indeed, in terms of fencing, World Championships typically have television coverage in more than 50 nations.

Feng, T, Keller, LR, Wang, L & Wang, Y 2010, 'Product Quality Risk Perceptions and Decisions: Contaminated Pet Food and Lead-Painted Toys', Risk Analysis, vol. 30, no. 10, pp. 1572-1589.
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In the context of the recent recalls of contaminated pet food and lead-painted toys in the United States, we examine patterns of risk perceptions and decisions when facing consumer product-caused quality risks. Two approaches were used to explore risk perceptions of the product recalls. In the first approach, we elicited judged probabilities and found that people appear to have greatly overestimated the actual risks for both product scenarios. In the second approach, we applied the psychometric paradigm to examine risk perception dimensions concerning these two specific products through factor analysis. There was a similar risk perception pattern for both products: they are seen as unknown risks and are relatively not dread risks. This pattern was also similar to what prior research found for lead paint. Further, we studied people's potential actions to deal with the recalls of these two products. Several factors were found to be significant predictors of respondents' cautious actions for both product scenarios. Policy considerations regarding product quality risks are discussed. For example, risk communicators could reframe information messages to prompt people to consider total risks packed together from different causes, even when the risk message has been initiated due to a specific recall event. © 2010 Society for Risk Analysis.

Fiorini, M 2010, 'The effect of home computer use on children’s cognitive and non-cognitive skills', Economics of Education Review, vol. 29, no. 1, pp. 55-72.
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In this paper we investigate the effect of using a home computer on childrens development. In most OECD countries 70% or more of the households have a computer at home and children use computers quite extensively, even at very young ages. We use data from the Longitudinal Study of Australian Children (LSAC), which follows an Australian cohort born in 1999/2000. Skills and computer usage information is collected when children are approximately 5 and 7 years old. For cognitive skills, our results indicate that computer time has a positive effect. For non-cognitive skills the evidence is mixed, the effect depending on the score and the age of the children. We test the robustness of our results by comparing OLS, IV and Value Added estimators. Generally, the IV estimates are larger and the Value Added estimates lower than the OLS ones. However the pattern of the results is quite consistent

Forsyth, P & Dwyer, L 2010, 'Exchange rate changes and the cost competitiveness of international airlines: The Aviation Trade Weighted Index', Research in Transportation Economics, vol. 26, no. 1, pp. 12-17.
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Discussions of how changes in exchange rates impact on international airlines tend to be ambivalent. In this paper, it is shown that the relative cost competitiveness of an international airline will decline when there is an exchange rate appreciation in its home country - as will be the case for other tradable goods and services. The extent to which this happens depends on which countries the prices of the inputs are set in and also on which countries' airlines it is closely competing with. The impact is greater if there is an appreciation relative to those countries whose airlines the home airlines are closely competing with. In the trade literature, this is recognised in the Trade Weighted Index of exchange rates, which weights exchanges rates according to their importance in a country's trade flows. In this paper, an Airline Trade Weighted Index is developed - the weights for this index depend on airline traffic and revenues on routes to and from a country. The ATWI is calculated for Australian international airlines, and it indicates that there has been a significant loss of competitiveness in recent years, due to the appreciation of the Australian dollar relative to currencies of key airline competitor countries.

Forte, G, Iannotta, G & Navone, M 2010, 'The Banking Relationship's Role in the Choice of the Target's Advisor in Mergers and Acquisitions', EUROPEAN FINANCIAL MANAGEMENT, vol. 16, no. 4, pp. 686-701.
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We analyse the factors influencing the target company's choice of bank advisor in mergers and acquisitions (M&As). We first examine the choice of hiring an advisor, which is nontrivial, since in one-third of transactions our sample target companies did not hire one. We also analyse the choice to hire as advisor a bank with a strong prior relationship with the company (i.e., the main bank). Using data on 473 European M&A transactions completed in the period 1994-2003, we find evidence that the decision to hire an advisor depends on three main factors: (i) the intensity of the previous banking relationship, (ii) the reputation of the bidder company's advisor, and (iii) the complexity of the deal. We also investigate the impact of the bank advisor on shareholder wealth. We find that the abnormal returns of target company shareholders increase with the intensity of the previous banking relationship, thus indicating a 'certification role' on the part of investment banks. © 2009 Blackwell Publishing Ltd.

Ganesan, S, Brown, SP, Mariadoss, BJ & Ho, HD 2010, 'Buffering and Amplifying Effects of Relationship Commitment in Business-to-Business Relationships', Journal of Marketing Research, vol. 47, no. 2, pp. 361-373.
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Using an assimilation and contrast framework, the authors assess the buffering and amplifying effects of relationship commitment on organizational buyers’ intentions to switch suppliers when a relationship is strained by the incumbent's own misbehavior. The results of three studies show that both calculative and affective commitment buffer incumbent suppliers against minor incidences of their own misbehavior but that affective commitment also reliably amplifies the adverse effects of an incumbent supplier's flagrant opportunism. Process tests indicate that buyer perceptions of supplier conformance to normative standards account for (completely mediate) the observed buffering and amplification effects in a manner consistent with the underlying assimilation and contrast framework.

Garratt, RJ & Wooders, J 2010, 'Efficiency in Second-Price Auctions: A New Look at Old Data', REVIEW OF INDUSTRIAL ORGANIZATION, vol. 37, no. 1, pp. 43-50.
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Experiments on second-price sealed-bid private value auctions have established that subjects typically bid more than their value, despite the fact that value bidding is a dominant strategy in such auctions. Moreover, the laboratory evidence shows that subjects do not learn to bid their values as they gain more experience. In the present paper, we re-examine the second-price auction data from Kagel and Levin's (Econ J 103:868-879, 1993) classic paper. We find that auction efficiency increases over time, even though the frequency of overbidding is unchanged. We argue that the rise in efficiency is due to a decline in the variability of overbidding. This is consistent with subjects' learning to bid more like each other.

Giacobbe, F & Wakefield, J 2010, 'Corporate Embeddedness and Control Choices'.

Glover, KJ, Duck, PW & Newton, DP 2010, 'ON NONLINEAR MODELS OF MARKETS WITH FINITE LIQUIDITY: SOME CAUTIONARY NOTES', SIAM JOURNAL ON APPLIED MATHEMATICS, vol. 70, no. 8, pp. 3252-3271.
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The recent financial crisis and related liquidity issues have illuminated an urgent need for a better understanding of the effects of limited liquidity on all aspects of the financial system. This paper considers such effects on the Black-Scholes-Merton financial model, which for the most part result in highly nonlinear partial differential equations (PDEs). We investigate in detail a model studied by Schönbucher and Wilmott (2000) which incorporates the price impact of option hedging strategies. First, we consider a first-order feedback model, which leads to the exceptional case of a linear PDE. Numerical results, and more particularly an asymptotic approach close to option expiry, reveal subtle differences from the Black-Scholes-Merton model. Second, we go on to consider a full-feedback model in which price impact is fully incorporated into the model. Here, standard numerical techniques lead to spurious results in even the simplest cases. An asymptotic approach, valid close to expiry, is mounted, and a robust numerical procedure, valid for all times, is developed, revealing two distinct classes of behavior. The first may be attributed to the infinite second derivative associated with standard option payoff conditions, for which it is necessary to admit solutions with discontinuous first derivatives; perhaps even more disturbingly, negative option values are a frequent occurrence. The second failure (applicable to smoothed payoff functions) is caused by a singularity in the coefficient of the diffusion term in the option-pricing equation. Our conclusion is that several classes of model in the literature involving permanent price impact irretrievably break down (i.e., there is insufficient 'financial modeling' in the pricing equation). Our analysis should provide the information necessary to avoid such pitfalls in the future. © 2010 Society for Industrial and Applied Mathematics.

Goldbaum, D & Panchenko, V 2010, 'Learning and adaptation's impact on market efficiency', JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, vol. 76, no. 3, pp. 635-653.
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A dynamic model with learning and adaptation captures the evolution in trader beliefs and trading strategies. Through a process of learning and observation, traders improve their understanding of the market. Traders also engage in a process of adaptation by switching between trading strategies based on past performance. The asymptotic properties are derived analytically, demonstrating that convergence to efficiency depends on the model of adaptation.

Gordon, R, Hastings, G & Moodie, C 2010, 'Alcohol marketing and young people's drinking: what the evidence base suggests for policy', Journal of Public Affairs, vol. 10, no. 1-2, pp. 88-101.
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AbstractAs the influence of alcohol marketing on young people remains a highly contested topic we review the recent literature to examine if the debate has moved on. The extant literature shows that while many econometric studies suggest alcohol marketing to have a minimal effect on youth alcohol consumption, more focussed consumer studies, particularly recent research employing sophisticated longitudinal designs, demonstrate clear links between alcohol advertising and drinking behaviour. Encouragingly, some of the more recent research studies assess marketing activity beyond advertising; sponsorship, new media, viral marketing, price promotions, new forms of distribution, product development and increased point of sale activity. The literature presents increasingly compelling evidence that alcohol marketing is directly impacting upon young people's drinking behaviour. The implications of this on the current policy debate surrounding alcohol marketing activities and regulation in the UK and beyond are discussed. Furthermore a research agenda for alcohol marketing for the future is offered. Copyright © 2009 John Wiley & Sons, Ltd.

Gordon, R, MacKintosh, AM & Moodie, C 2010, 'The Impact of Alcohol Marketing on Youth Drinking Behaviour: A Two-stage Cohort Study', Alcohol and Alcoholism, vol. 45, no. 5, pp. 470-480.
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Gustavs, J & Clegg, SR 2010, 'DNA and the politics of truth in socially organized life', EUROPEAN JOURNAL OF CULTURAL STUDIES, vol. 13, no. 4, pp. 439-458.
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We apply a representation of the double helix to explain how truth is managed in the social organization of life. One chain, representing context, is made up of the three materialities through which we move - discourses, time and space.

Hayllar, B, Griffin, T & Edwards, D 2010, 'Preface', City Spaces - Tourist Places: Urban Tourism Precincts, pp. xi-xii.

Iedema, R & Rhodes, C 2010, 'The Undecided Space of Ethics in Organizational Surveillance', ORGANIZATION STUDIES, vol. 31, no. 2, pp. 199-217.
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While much contemporary organizational research has highlighted how surveillance and self-surveillance are dominant modes of attempting subjective control in organizations, in this article we consider whether 'being seen' harbours the potential to also e

Ishimine, K, Wilson, R & Evans, D 2010, 'Quality of Australian childcare and children's social skills', International Journal of Early Years Education, vol. 18, no. 2, pp. 159-175.
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Jago, L, Dwyer, L, Lipman, G, van Lill, D & Vorster, S 2010, 'Optimising the potential of mega‐events: an overview', International Journal of Event and Festival Management, vol. 1, no. 3, pp. 220-237.
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PurposeThe purpose of this paper is to examine the reasons that mega‐events rarely realise their potential for host destinations and to suggest issues that need to be addressed in rectifying this issue.Design/methodology/approachThe paper is based on a synthesis of the literature as well as the substantial event‐related experience of the authors.FindingsThe key reason that mega‐events do not generate the expected benefits for the host destination is that event organisers and destination managers adopt a short‐term perspective rather than seeing mega‐events as part of a long‐term strategy for the destination. Even the planned legacies are often not realised as resource constraints in the lead up to the staging of the event often results in resources being shifted away from planning for legacies and being allocated to helping cover the more immediate needs of the event.Research limitations/implicationsIf the mega‐event knowledge portal that is proposed in this paper to help improve the overall contribution that mega‐events make to host destinations is developed, it will prove to be a fertile source of data for longitudinal research in the field of mega‐events.Originality/valueAs so many mega‐events fail to deliver the expected benefits for the host destination, this paper provides some useful insights into the key issues that need to be addressed in order to help overcome this problem.

Johar, M & Savage, E 2010, 'Do Private Patients have Shorter Waiting Times for Elective Surgery? Evidence from New South Wales Public Hospitals*', Economic Papers: A journal of applied economics and policy, vol. 29, no. 2, pp. 128-142.
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The Productivity Commission (2008) identified waiting times for elective surgery as a measure of governments’ success in providing accessible health care. At the 2007 COAG meeting, the Prime Minister identified reduction of elective surgery waiting times in public hospitals as a major policy priority. To date, the analysis of waiting time data has been limited to summary statistics by medical procedure, doctor specialty and state. In this paper, we look behind the summary statistics and analyse the extent to which private patients are prioritised over comparable public patients in public hospitals. Our empirical evidence is based on waiting list and admission data from public hospitals in NSW for 2004–2005. We find that private patients have substantially shorter waiting times, and tend to be admitted ahead of their listing rank, especially for procedures that have low urgency levels. We also explore the benefits and costs of this preferential treatment on waiting times.

Kale, SH, Pentecost, RD & Zlatevska, N 2010, 'Designing and delivering compelling experiences', International Journal of Event and Festival Management, vol. 1, no. 2, pp. 148-159.
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PurposeJoseph Pine and Jim Gilmore coined the term “experience economy” to describe a paradigm shift in consumption. To survive in this new economy, businesses must provide customers with memorable consumption experiences. The purpose of this paper is to suggest eight ingredients that need to be incorporated into a compelling experience. Commercial experience providers, not‐for‐profit organizations, and political entities stand to benefit by integrating these elements in the experiences they provide to their targeted constituencies.Design/methodology/approachA qualitative phenomenological case study approach is employed using the 2008 Democratic National Convention as the referent for dissemination of a compelling experience.FindingsEight attributes were distilled that together constitute an unforgettable experience: planning, resourcing, targeting, anticipating, enabling, empathizing, framing, and engaging.Practical implicationsAll experience providers desirous of creating compelling customer experiences for their targeted audiences would find it worthwhile to actively incorporate each of these elements in their product.Originality/valueThe paper uses a well‐planned and well‐executed political convention to uncover the building blocks of a compelling consumer experience.

Kettlewell, N 2010, 'THE IMPACT OF RURAL TO URBAN MIGRATION ON WELLBEING IN AUSTRALIA', AUSTRALASIAN JOURNAL OF REGIONAL STUDIES, vol. 16, no. 3, pp. 187-213.
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In this paper the wellbeing outcomes of rural to urban movers in Australia are studied. This is done using regression techniques to control for observable and unobservable factors that may influence outcomes. Data from the Households, Income and Labour Dynamics in Australia survey is used. It is found that males do not experience any change in wellbeing due to moving, while females experience a 7 per cent increase after 2-3 years. Implications of both economic and psychological theories are discussed in relation to the likely effect of moving upon wellbeing. It is argued that the findings here justify further research into rural wellbeing with a focus on gender specific outcomes.

Klettner, AL, Clarke, T & Adams, MA 2010, 'Corporate governance reform: An empirical study of the changing roles and responsibilities of Australian boards and directors', Australian Journal of Corporate Law, vol. 24, pp. 148-176.
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This article draws together some of the legal and management literature relevant to the theory and design of qualitative empirical research in the field of corporate governance. It goes on to describe the methodology used by the authors in a project involving interviews with representatives of 67 Australian companies. One of the aims of the project was to examine the changing roles and responsibilities of company boards and directors following legal and regulatory reform.It is only through improving our knowledge of the day to day processes occurring in board rooms that we can really understand the complex relationship between the regulatory framework and the control of corporations in practice. Our evidence was that with regard to the Australian corporate governance framework, over-regulation is not as critical an issue as often suggested, instead the âcomply or explainâ mechanism is well understood and permits sufficient flexibility for companies to find an acceptable cost-benefit balance.

Koo, TTR, Wu, C-L & Dwyer, L 2010, 'Transport and Regional Dispersal of Tourists: Is Travel Modal Substitution a Source of Conflict between Low-Fare Air Services and Regional Dispersal?', Journal of Travel Research, vol. 49, no. 1, pp. 106-120.
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This article explores the relationship between low-cost carrier (LCC) service proliferation and regional dispersal of tourists by examining the mode choice decision of leisure tourists. This research applies a stated choice method controlling for travel mode attributes as well as trip context (whether a trip is single- or multidestination). The results suggest that leisure traveler mode choice is influenced by the trip context; however, low airfares more than offset this effect on travel mode choice. On the basis of data collected in the Northern New South Wales travel corridor in Australia, this article shows that a study of travel mode choice can reveal potential conflicts and synergies in the marketing and management of destinations. The results have implications for destinations worldwide.

Koo, TTR, Wu, C-LR & Dwyer, L 2010, 'Ground travel mode choices of air arrivals at regional destinations: The significance of tourism attributes and destination contexts', Research in Transportation Economics, vol. 26, no. 1, pp. 44-53.
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The aim of this paper is to examine the air leisure arrivals' ground travel mode choice in the context of their decision to disperse beyond the gateway. A stated choice experiment was designed to examine the dispersal and travel mode choice of leisure visitors arriving on air transport at Cairns. Results show that for a hypothetical public bus alternative, attributes such as [`]sightseeing opportunities' and [`]driver quality' were significant for trips made to less known destinations located south of Cairns, compared to destinations north of Cairns. Findings suggest that while travel mode attributes and trip characteristics are significant determinants of the mode choice of air leisure arrivals, the extent of their significance varied markedly across destinations. Although the data examined in this paper were collected in Cairns, this research should be of relevance to many regions interested in understanding the relationship between destination transport and dispersal of air arrivals.

Leeworthy, D, Taylor, M, Lake, RJ, Adair, D, Beck, PJ, Merritt, RK, Porter, D, Nead, L & Galligan, F 2010, 'Book Reviews', Sport in History, vol. 30, no. 1, pp. 164-187.
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Leung, L 2010, 'Telecommunications across borders', Telecommunications Journal of Australia, vol. 60, no. 4, pp. 58.1-58.13.
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This article reports on recent research examining refugees as a particular user group of communication technologies. The term 'refugee' refers to all people who are exposed to refugee-type experiences and may include displaced people, asylum seekers and resettled refugees who have been granted residency in Australia. A review of literature has found that refugees as technology users have had very little attention across different disciplines, although the research has shown that technology is key to sustaining emotional wellbeing and precarious connections with family members when displaced. In particular, the telephone is the most critical technology for refugees in terms availability and familiarity. However, the access and affordability of telecommunications services and other technologies during displacement impacts on refugees' adoption and use of technology in the settlement process.

Leung, LT 2010, 'Message from a Refugee', Australasian Science, vol. 31, no. 1, pp. 36-37.
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Liburd, JJ & Edwards, D 2010, 'Understanding the Sustainable Development of Tourism', TOURISM MANAGEMENT, vol. 33, no. 1, pp. 232-233.
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This text provides tourism students, educators, industry planners, researchers, managers and operators with the latest thinking on a comprehensive range of themes addressing the sustainable development of tourism.

Liu, Z, Scrieciu, S, Srivastava, L, García‐Montero, LG, Borne, G, Deng, X, Van De Kerk, G, Wohlgemuth, N, Chang, CT, Demont, M, Stenberg, L, Rafael Peña de la Cruz, J, Makhado, R & Masehela, K 2010, '“Should sustainable consumption and production be a policy priority for developing countries and if so, what areas should they focus on?”', Natural Resources Forum, vol. 34, no. 1, pp. 85-88.
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Livermore, T, Siminski, P & Rodgers, J 2010, 'The Effect of Motherhood on Wages and Wage Growth: Evidence for Australia', Economic Record, vol. 87, no. SUPPL. 1, pp. 80-91.
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Labour market theory provides several reasons why mothers are likely to earn lower hourly wages than non-mothers. However, the size of any motherhood penalty is anempirical matter and the evidence for Australia is limited. This paper examines the effect of motherhood on Australian women’s wages and wage growth using a series ofpanel-data models which control for other relevant factors, both observed and unobserved. Using data from the Household, Income and Labour Dynamics in Australia(HILDA) survey, an unexplained motherhood wage penalty of around four per cent for one child, and eight per cent for two or more children, is found. Further analysissuggests that the wage penalty emerges over time through reduced wage growth, rather than through an immediate wage decline after the birth of a child. This reduction inwage growth is consistent with discrimination but also with a reduction in mothers’ work effort.

McKinlay, A, Carter, C, Pezet, E & Clegg, S 2010, 'Using Foucault to make strategy', Accounting, Auditing & Accountability Journal, vol. 23, no. 8, pp. 1012-1031.
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PurposeThe premise of the paper is that Foucault's concept of governmentality has important but unacknowledged implications for understanding strategy. Highlighting the strengths and weaknesses of the governmentality approach, the paper seeks to suggest how governmentality can be used to conceptualise strategy. More generally, the paper seeks to contribute to the body of research on governmentality articulated by authors such as Peter Miller, Ted O'Leary and Nikolas Rose.Design/methodology/approachThe paper reprises the argument that accounting is constitutive of social relations. It proceeds to discuss Peter Miller, Ted O'Leary and Nikolas Rose's seminal contributions to the conceptual development of governmentality. In outlining their work, the paper highlights the significance accorded to the emergence of standard costing and scientific management and its subsequent role in developing both the strategies and structures of managerial capitalism. The paper examines how this, in turn, was pivotal to the emergence of strategy as an important means through which organisations began to understand and conceive of themselves. The paper rehearses the standard criticisms made of governmentality within the accounting literature, before arguing that the concept emerges intact from the critique levelled against it. Proceeding to summarise Foucault's radical conception of power, the paper notes the elusiveness of Foucault's relationship with strategy. Elaborating on the nature of governmentality, the paper employs the concept to re‐examine the managerial revolution. The objective is to explore its implications for understanding strategy.FindingsThe paper builds on the innovative work published in account...

Michayluk, D & Zhao, R 2010, 'Stock Splits and Bond Yields: Isolating the Signaling Hypothesis', Financial Review, vol. 45, no. 2, pp. 375-386.
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Moreno, D & Wooders, J 2010, 'DECENTRALIZED TRADE MITIGATES THE LEMONS PROBLEM', INTERNATIONAL ECONOMIC REVIEW, vol. 51, no. 2, pp. 383-399.
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In markets with adverse selection, only low-quality units trade in the competitive equilibrium when the average quality of the good held by sellers is low. We show that under decentralized trade, however, both high-and low-quality units trade, although with delay. Moreover, when frictions are small, the surplus realized is greater than the (static) competitive surplus. Thus, decentralized trade mitigates the lemons problem. Remarkably, payoffs are competitive as frictions vanish, even though both high-and low-quality units continue to trade, and there is trade at several prices.

ONYX, J & LEONARD, R 2010, 'The Conversion of Social Capital into Community Development: an Intervention in Australia's Outback', International Journal of Urban and Regional Research, vol. 34, no. 2, pp. 381-397.
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AbstractThe research presented in this article employed a deliberate intervention to mobilize social capital and then studied the dynamics of the way in which it influenced community development. Whether or not social capital is able to facilitate development depends on the specific context in which it occurs. Although the general context of this study was that of small rural towns in Australia's outback that are experiencing decline, each of the four towns studied had unique features which could influence the mobilization of social capital. Rural communities have the willingness and capacity to mobilize but whether this capacity is actualized may well depend on the presence of other mobilizing factors. Specifically the intervention study found that a structure needs to be in place which can take the initiative and work across the community — engaging a range of organizations. Second, the structure needs to be supported, but not controlled, by local government. Third, it needs the kind of social entrepreneurship that can sustain a community‐wide vision and bring together the diverse groups within the community.Résumé Les recherches présentées s'appuient sur une opération destinée à mobiliser le capital social, afin d'étudier les dynamiques selon lesquelles il a influé sur le développement communautaire. L'aptitude du capital social à faciliter le développement dépend du contexte dans lequel celui‐ci se produit. Bien que cette étude se place dans de petites villes de campagnes reculées d'Australie confrontées à un déclin, chacune des quatre villes concernées présentaient des spécificités propres susceptibles d'influencer la mobilisation du capital social. Les communautés rurales ont la volonté et la capacité de se mobiliser, mais la concrétisation de cette capacité peut dépendre largement de la présence d'autres facteurs mobilisateurs. E...

Onyx, J, Armitage, L, Dalton, B, Melville, R, Casey, J & Banks, R 2010, 'Advocacy with Gloves on: The “Manners” of Strategy Used by Some Third Sector Organizations Undertaking Advocacy in NSW and Queensland', VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, vol. 21, no. 1, pp. 41-61.
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This article examines the strategies used by some third sector organizations in Australia to advocate. The purpose of this article is to identify the kinds of activities that organizations in New South Wales and Queensland use to promote advocacy, the kinds of language that is used to describe these activities, and the reasons given for the particular strategies adopted. The extent to which the organizations adopt ï½softerï½ (that is more institutional forms of advocacy) rather than more openly challenging forms of activism is examined, particularly in light of a neo-liberal political and economic environment. In this analysis emergent strategies are identified that are not easily categorized as either ï½institutionalï½ or ï½radicalï½ advocacy. The article presents an exploratory analysis of some of the implications of the strategies adopted, in terms of their democratic effects and potential to strengthen the capacity of third sector organizations. The article is informed by the findings of a qualitative research project involving interviews with 24 organizations in the community services and environmental fields.

Paul, SK & Azeem, A 2010, 'Minimization of work-in-process inventory in hybrid flow shop scheduling using fuzzy logic', International Journal of Industrial Engineering : Theory Applications and Practice, vol. 17, no. 2, pp. 115-127.
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This paper addresses the Hybrid Flow Shop (HFS) scheduling problems to minimize the total work-in-process inventory. Job scheduling problems are one of the oldest and real world combinational optimization problems. It is multi objective and complex in nature. There exist some criteria that must be taken into consideration when evaluating the quality of the proposed schedule. Consideration of job and machine reliability is very important during assignment of jobs in each stage to get realistic hybrid flow shop schedule. In this paper, flow shop problem concerns the sequencing of a given number of jobs through a series of machines in the exact same order on all machines with the aim to satisfy a set of constraint as much as possible and optimize a set of objectives. Fuzzy sets and logic can be used to tackle uncertainties inherent in actual flow shop scheduling problems. Fuzzy due dates, cost over time and profit rate result the job priority and to determine the machine priority processing time of each machine is considered. MATLAB fuzzy tool box is used to calculate the priorities of jobs and machines at different stages. Finally, jobs are assigned into machines based on a grouping and sequencing algorithm that minimizes the total work-in-process inventory. © INTERNATIONAL JOURNAL OF INDUSTRIAL ENGINEERING.

Petroulas, E, Brown, D & Sundin, H 2010, 'Generational Characteristics and Their Impact on Preference for Management Control Systems', AUSTRALIAN ACCOUNTING REVIEW, vol. 20, no. 3, pp. 221-240.
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Research indicates that different macro-socialisation results in systematic differences in generational characteristics, which may in turn result in different generational workplace preferences for management control systems (MCS). An exploratory study w

Pina e Cunha, M, Clegg, SR & Mendonca, S 2010, 'On serendipity and organizing', EUROPEAN MANAGEMENT JOURNAL, vol. 28, no. 5, pp. 319-330.
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Serendipity means the accidental discovery of something valuable. While it is sometimes presented as an element of organizational learning, it has rarely been addressed per se by organizational scholars. We discuss and elaborate the processes associated with serendipity in the organizational context. At its core, serendipity is a process of metaphorical association seeing something in another thing. New ways of seeing may provide the necessary ingredients for creativity and exploratory learning, which will counter organizational tendencies towards inertia and the ossification of dominant mindsets and practices.

Pina e Cunha, M, Guimaraes-Costa, N, Rego, A & Clegg, SR 2010, 'Leading and Following (Un)ethically in Limen', JOURNAL OF BUSINESS ETHICS, vol. 97, no. 2, pp. 189-206.
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We propose a liminality-based analysis of the process of ethical leadership/followership in organizations. A liminal view presents ethical leadership as a process taking place in organizational contexts that are often characterized by high levels of ambiguity, which render the usual rules and preferences dubious or inadequate. In these relational spaces, involving leaders, followers, and their context, old frames may be questioned and new ones introduced in an emergent way, through subtle processes whose evolution and implications may not be easy to grasp even by those participating in them.

Pina e Cunha, M, Rego, A & Clegg, SR 2010, 'Obedience and Evil From Milgram and Kampuchea to Normal Organizations', JOURNAL OF BUSINESS ETHICS, vol. 97, no. 2, pp. 291-309.
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Obedience: a simple term. Stanley Milgram, the famous experimental social psychologist, shocked the world with theory about it. Another man, Pol Pot, the infamous leader of the Khmer Rouge, showed how far the desire for obedience could go in human societies. Milgram conducted his experiments in the controlled environment of the US psychology laboratory of the 1960s. Pol Pot experimented with Utopia in the totalitarian Kampuchea of the 1970s. In this article, we discuss the process through which the Khmer Rouge regime created an army of unquestioningly obedient soldiers including child soldiers. Based on these two cases, we advance a framework on how obedience can be grown or countered.

Posner, BZ 2010, 'Values and the American Manager: A Three-Decade Perspective', Journal of Business Ethics, vol. 91, no. 4, pp. 457-465.
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Although studies in organizational storytelling have dealt extensively with the relationship between narrative, power and organizational change, little attention has been paid to the implications of this for ethics within organizations. This article addresses this by presenting an analysis of narrative and ethics as it relates to the practice of organizational downsizing. Drawing on Paul Ricoeurs theories of narrative and ethics, we analyze stories of organizational change reported by employees and managers in an organization that had undergone persistent downsizing. Our analysis maintains that the presence of a dominant story that seeks to legitimate organizational change also serves to normalize it, and that this, in turn, diminishes the capacity for organizations to scrutinize the ethics of their actions. We argue that when organizational change narratives become singularized through dominant forms of emplotment, ethical deliberation and responsibility in organizations are diminished. More generally, we contend that the narrative closure achieved by the presence of a dominant narrative amongst employees undergoing organizational change is antithetical to the openness required for ethical questioning.

Reggers, AL, Wearing, SL & Faulkner, S 2010, 'Is Kokoda ready for World Heritage Status?', Australasian Parks and Leisure Journal, vol. 13, no. 4, pp. 30-34.
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The article analyzes the possibility of enlisting Kokoda Track and Owen of Papua New Guinea under the World Heritage Status. It was revealed that people within communities along the Kokoda Track are not aware of the World Heritage status and the benefits of being enlisted under the status, and that they are more concerned with basic services like food supply, health and education than the status. The Department of Environment and Conservation pointed out that tourism is a not a major sector in the Owen Stanley Ranges.

Reihlen, M & Nikolova, N 2010, 'Knowledge production in consulting teams', SCANDINAVIAN JOURNAL OF MANAGEMENT, vol. 26, no. 3, pp. 279-289.
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The central thesis of this paper is that the production of knowledge in consulting teams can neither be understood as the result of an internal interaction between clients and consultants decoupled from the wider socio-political environment nor as externally determined by socially constructed industry recipes or management fashions detached from the cognitive uniqueness of the clientconsultant team. Instead, we argue that knowledge production in consulting teams is intrinsically linked to the institutional environment that not only provides resources such as funding, manpower, or legitimacy but also offers cognitive feedback through which knowledge production is influenced. By applying the theory of self-organization to the knowledge production in consulting teams, we explain how consulting teams are structured by the socio-cultural environment and are structuring this environment to continue their work. The consulting team's knowledge is shaped and influenced by cognitive feedback loops that involve external collective actors such as the client organization, practice groups of consulting firms, the academic/professional community, and the general public who essentially become co-producers of consulting knowledge.

Rhodes, C & Pullen, A 2010, 'Neophilia and organization', CULTURE AND ORGANIZATION, vol. 16, no. 1, pp. 1-6.
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Rhodes, C, Pullen, A & Clegg, SR 2010, ''If I Should Fall From GraceaEuro broken vertical bar aEuro (TM): Stories of Change and Organizational Ethics', JOURNAL OF BUSINESS ETHICS, vol. 91, no. 4, pp. 535-551.
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Although studies in organizational storytelling have dealt extensively with the relationship between narrative, power and organizational change, little attention has been paid to the implications of this for ethics within organizations. This article addresses this by presenting an analysis of narrative and ethics as it relates to the practice of organizational downsizing. Drawing on Paul Ricoeur's theories of narrative and ethics, we analyze stories of organizational change reported by employees and managers in an organization that had undergone persistent downsizing. Our analysis maintains that the presence of a dominant story that seeks to legitimate organizational change also serves to normalize it, and that this, in turn, diminishes the capacity for organizations to scrutinize the ethics of their actions. We argue that when organizational change narratives become singularized through dominant forms of emplotment, ethical deliberation and responsibility in organizations are diminished. More generally, we contend that the narrative closure achieved by the presence of a dominant narrative amongst employees undergoing organizational change is antithetical to the openness required for ethical questioning. © Springer Science+Business Media B.V. 2009.

Rhodes, C, Pullen, A, Vickers, MH, Clegg, SR & Pitsis, A 2010, 'Violence and Workplace Bullying', Administrative Theory & Praxis, vol. 32, no. 1, pp. 96-115.
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Rhodes, CH, Pullen, A, Vickers, MH, Clegg, SR & Pitsis, A 2010, 'Violence and workplace bullying: What are an organization's ethical responsiblities?', Administrative Theory & Praxis, vol. 32, no. 1, pp. 96-115.
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Understood as an act of violence intentionally perpetuated by one person over another, bullying is a direct affront to ethics, especially when ethics is seen to be grounded in a primary relationship with and responsibility for other people. Existing research has attended largely to providing individualized rather than organizational explanations of bullying and has not adequately interrogated bullying in relation to ethics. With this paper, we address the question What are organizations ethical responsibilities in responding to the bullying that occurs within them? We argue that although organizations cannot necessarily be held responsible for individual acts of bullying, they can be held responsible for asserting constant vigilance that seeks to address and minimize the presence of such acts. We call for organizations to act, not just to prevent or censure individual acts of bullying, but also to engage in an ongoing and active self-critique of all of their practices insofar as they support the institutionalization and normalization of bullying relationships.

Roesch, D & Scheule, HH 2010, 'Downturn Credit Portfolio Risk, Regulatory Capital and Prudential Incentives', International Review of Finance, vol. 10, no. 2, pp. 185-207.
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This paper analyzes the level and cyclicality of bank capital requirement in relation to (i) the model methodologies through-the-cycle and point-in-time, (ii) four distinct downturn loss rate given default concepts, and (iii) US corporate and mortgage loans. The major finding is that less accurate models may lead to a lower bank capital requirement for real estate loans. In other words, the current capital regulations may not support the development of credit portfolio risk measurement models as these would lead to higher capital requirements and hence lower lending volumes. The finding explains why risk measurement techniques in real estate lending may be less developed than in other credit risk instruments. In addition, various policy recommendations for prudential regulators are made.

Rooney, D, Rhodes, C & Boud, D 2010, 'A community college's performance of ‘organisation’: it's a drag!', Studies in the Education of Adults, vol. 42, no. 1, pp. 18-33.
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Noting the ever-increasing encroachment of discourses and practices from the private sector on public education providers, this paper argues that such organizations exist within competing sets of differences that seek to define and fix the meaning of 'education' and 'business'. We report on fieldwork conducted in an adult education college in Sydney. In the Australian context these colleges are referred to as community colleges and their history is one based in a strong liberal tradition. Utilising Judith Butler's idea of 'drag' we consider the effects of changing modes of governance in the college with specific reference to the stories told to us about it. Our discussion suggests that the organisation was caught between identifying itself with a masculinised discourse of business and a discourse of community cast as its feminised other. In navigating between these, the college was seen to perform as a 'drag king' an organisation performing the masculine but in so doing, undoing its gendered status. This leads us to suggest that the incorporation of business and market-based discourse into the management of community education is something that is actively resisted and undermined through such forms of gendered transgression. We conclude by proposing that this organization's capacity to perform drag is a contributing factor to its overall success, and particularly in an economic climate where many not-for-profit organisations are floundering.

Schulenkorf, N 2010, 'Bridging the Divide: The Role of Sport Events in Contributing to Social Development Between Disparate Communities', EUROPEAN JOURNAL OF TOURISM RESEARCH, vol. 3, no. 2, pp. 127-131.
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Sport events offer valuable experiences to participants, supporters, and other stakeholders while its impacts are of significant economical, political, social and psychological importance. From a social perspective, sport has been described as a language which all people in the world understand and speak and which is able to emotionally unite groups (Dyreson 2003). However, despite the increased recognition and use of sport and event projects as important contributors to the social fabric of multicultural societies, evaluations of inter-community sport events for the purposes of social development have largely been overlooked.

Schulenkorf, N 2010, 'Sport events and ethnic reconciliation: Attempting to create social change between Sinhalese, Tamil and Muslim sportspeople in war-torn Sri Lanka', INTERNATIONAL REVIEW FOR THE SOCIOLOGY OF SPORT, vol. 45, no. 3, pp. 273-294.
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Reconciliation is about bringing disparate communities together and creating the communication necessary to reduce intergroup barriers, generate understanding, and connect with others to achieve a peaceful togetherness. This article investigates the role of sport events in contributing to reconciliation and inclusive social change between disparate communities in ethnically divided Sri Lanka. Following an interpretive mode of enquiry, findings suggest that if strategically designed, sport events allow the establishment of interpersonal friendships and the creation of inclusive social identities along national lines, organizational lines, common interests and imagined factors. Events can create 'momenta of togetherness' for members of disparate ethnic groups and as such may contribute to positive social change and a sense of imagiNation. While sport events provide a starting point, booster and catalyst for positive social change and development on a community level, they need to be integrated into a larger agenda of socio-political support to make a significant contribution to reconciliation and peace in divided societies. © The Author(s) 2010.

Schulenkorf, N 2010, 'The roles and responsibilities of a change agent in sport event development projects', Sport Management Review, vol. 13, no. 2, pp. 118-128.
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There is increasing evidence that NGOs and Government agencies are turning to sport events as a tool for reconciliation and inter-community development (Burnett, 2006; Gasser & Levinsen, 2004; Stidder & Haasner, 2007; Sugden, 2006), yet the different roles and responsibilities of the organising 'change agent' within development projects have not received much empirical investigation. To address this gap, this paper analyses the different roles and responsibilities of an international sport event change agent in the ethnically divided Sri Lanka. Following an interpretivist mode of inquiry, findings of this research are derived from the analysis of 2 focus groups and 35 in-depth interviews with Sinhalese, Tamil, Muslim and international event stakeholders. Findings suggest that the change agent holds nine key roles and responsibilities in the inter-community development process. These are being an agent for community participation; a trust builder; a networker; a leader; a socially responsible advocate; a resource developer; a proactive innovator; a financial supporter; and a strategic planner for the long-term sustainability of projects. This research suggests that it is important to fulfil these roles to secure active community participation, to achieve positive socio-cultural event impacts and outcomes, and to provide a strategic framework for sustainable inter-community development.

Schultz, EL, Tan, DT & Walsh, KD 2010, 'Endogeneity and the corporate governance - performance relation', Australian Journal of Management, vol. 35, no. 2, pp. 145-163.
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The governance-performance literature is characterized by its inability to reach a consensus regarding the nature of the relation. We posit that these inconsistent findings are symptomatic of inadequacies in the econometric techniques employed when adjusting for all forms of endogeneity. To test this, we fit a comprehensive model of performance and governance using a range of econometric techniques. Once a dynamic generalized method of moments (GMM) specification robust to all forms of endogeneity is employed, we observe no causal relation between governance and firm performance, suggesting that apparently significant relations uncovered by pooled ordinary least squares (OLS) and fix-effects models are the result of spurious correlations.

Schweitzer, J & Gudergan, S 2010, 'Leadership behaviours as ongoing negotiations and their effects on knowledge and innovation capabilities in alliances', International Journal of Knowledge Management Studies, vol. 4, no. 2, pp. 176-176.
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In this paper, we examine ongoing negotiations in alliances through the lens of leadership behaviours. We integrate the leadership literature with the dynamic capability view of the firm to explain the effects of different leadership behaviours on the development of knowledge and innovation capabilities in strategic alliances. We propose that transformational and servant leadership behaviour supports the development of dynamic capabilities, whereas transactional leadership behaviour supports the maintenance of operational capabilities. We formulate propositions outlining the theoretical relationships between transformational, transactional and servant leadership behaviours and entrepreneurship as the antecedents of dynamic and operational capabilities within alliance teams. We discuss the consequences for management theory and practice and suggest future research avenues. Copyright © 2010 Inderscience Enterprises Ltd.

Selvarajah, C, Chelliah, J, Meyer, D, Pio, E & Anurit, P 2010, 'The impact of social motivation on cooperative learning and assessment preferences', JOURNAL OF MANAGEMENT & ORGANIZATION, vol. 16, no. 1, pp. 113-126.
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This study explores the assessment preferences of 453 postgraduate business students in New Zealand, Australia, and Thailand using a survey linking motivational and educational preferences. This study compares the needs of Western students (Australian and New Zealand), Asian (Thai) and international students (predominantly Chinese and Indian students) in Australia and New Zealand (ANZAC). One major finding is that students from these three countries who are socially motivated prefer âCooperative Learningâ. Further, the study specifically shows that students from Thailand are more socially motivated than students from Australia and New Zealand (ANZAC) while International ANZAC students have the greatest desire for Cooperative Learning. It also shows that group assessment poses quite significant challenges for local ANZAC students and therefore, remedial intervention from universities is essential if group assessments are to remain relevant and useful in achieving meaningful teaching and learning outcomes.

Sheldon, P & Dwyer, L 2010, 'The Global Financial Crisis and Tourism: Perspectives of the Academy', Journal of Travel Research, vol. 49, no. 1, pp. 3-4.
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Shen, L-Y, Tam, VWY, Tam, L & Ji, Y-B 2010, 'Project feasibility study: the key to successful implementation of sustainable and socially responsible construction management practice', Journal of Cleaner Production, vol. 18, no. 3, pp. 254-259.
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Sheremeta, R & Zhang, J 2010, 'Can Groups Solve the Problem of Over-Bidding in Contests', Social Choice and Welfare, vol. 35, no. 2, pp. 175-197.
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This study reports an experiment that examines whether groups can better comply with theoretical predictions than individuals in contests. Our experiment replicates previous findings that individual players significantly overbid relative to theoretical predictions, incurring substantial losses. There is high variance in individual bids and strong heterogeneity across individual players. The new findings of our experiment are that groups make 25% lower bids, their bids have lower variance, and group bids are less heterogeneous than individual bids. Therefore, groups receive significantly higher and more homogeneous payoffs than individuals. We elicit individual and group preferences towards risk using simple lotteries. The results indicate that groups make less risky decisions, which is a possible explanation for lower bids in contests. Most importantly, we find that groups learn to make lower bids from communication and negotiation between group members.

Siminski, P 2010, 'Employment Effects of Army Service and Veterans’ Compensation: Evidence from the Australian Vietnam-Era Conscription Lotteries', Review of Economics and Statistics, vol. 95, no. 1, pp. 87-97.
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Exploiting the Australian National Service lotteries of 1965-72, I estimate the effect of Army service on employment outcomes. Population data from military personnel records, tax returns, veterans’ compensationrecords and the Census facilitate a rich and precise analysis, identified by 53,000 compliers. The employment effect is confined to men who served in Vietnam and is very large, at -37 percentage points (95%CI: -32, -43) in2006. The effect has emerged gradually since the 1990s, and is mirrored by veterans’ Disability Pension effects. These results contrast with those forthe USA, possibly reflecting differences in employment incentives associated with veterans’ compensation.

Siminski, P & Ville, S 2010, 'Long-Run Mortality Effects of Vietnam-Era Army Service: Evidence from Australia’s Conscription Lotteries', American Economic Review, vol. 101, no. 3, pp. 345-349.
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We estimate the effect of Vietnam era Army service on mortality, exploiting Australia’s conscription lotteries for identification. We utilise population data on deaths during 1994-2007 and militarypersonnel records. The estimates are identified by over 51,000compliers induced to enlist in the Army, including almost 16,000 who served in Vietnam. The implicit comparison group is the set of men who did not serve in the Army, but who would have served had their date of birth been selected in the ballot. We find no statisticallysignificant effects on mortality overall, nor for any cause of death (by ICD-10 Chapter). Under reasonable assumptions on the death rate of compliers, the results can be expressed as relative risks (RR) of death during 1994-2007. The estimated overall RR associated with Armyservice is 1.03 (95% CI: 0.92, 1.19). On the assumption that Army service affected mortality only for those who served in Vietnam, the estimated RR for Vietnam Veterans is 1.06 (95% CI: 0.81, 1.51). We also find no evidence to support a hypothesis of offsetting effects dueto domestic Army service (beneficial to longevity) and service in Vietnam (detrimental).

Slonim, R & Guillen, P 2010, 'Gender selection discrimination: Evidence from a Trust game', Journal of Economic Behavior & Organization, vol. 76, no. 2, pp. 385-405.
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Spanjol, J & Tam, L 2010, 'To Change or Not To Change: How Regulatory Focus Affects Change in Dyadic Decision‐Making', Creativity and Innovation Management, vol. 19, no. 4, pp. 346-363.
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Successful innovation requires teams to embrace and enact change. However, team members often differ in their preferences for change. We examine how regulatory focus affects dyadic teams’ tendencies to enact change across an array of repeated brand management decisions. Understanding such tendencies is important, since the innovation process is characterized by a series of investment decisions typically made by teams, yet prone to significant biases. Regulatory focus theory provides a framework for understanding the dominant motivations driving decision‐making during goal pursuit. It argues that individuals operate under either a promotion or prevention focus, influencing preferences for stability vs. change. We develop a set of hypotheses regarding regulatory focus match vs. mismatch in teams and their effects on the relative tendency to enact change in decision‐making. In the context of dyads involved in a complex management simulation consisting of multiple decision cycles, we empirically demonstrate that a promotion focus match is associated with greater levels of change in decisions than a prevention focus match, regardless of the type of goal pursuit strategy prescribed to dyads. Under regulatory focus mismatch, however, dyads are guided by the goal pursuit strategy (vigilant vs. eager) provided to them, which in turn informs their propensity to implement change.Without change there is no innovation, creativity, or incentive for improvement. C. William Pollard (1996, p. 116)

Stronach, MM & Adair, D 2010, 'Lords of the Square Ring: Future Capital and Career Transition Issues for Elite Indigenous Australian Boxers', Cosmopolitan Civil Societies: An Interdisciplinary Journal, vol. 2, no. 2, pp. 46-70.
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In Australia a serious and widely documented statistical gap exists between the socio-economic circumstances of the country’s Indigenous and non-Indigenous populations. Areas of divergence include life expectancy, health, housing, income, and educational opportunity and employment. This has made career attainment problematic for most Aboriginal people. Among male Indigenous people, professional sport is portrayed as one of the few realms in which they can prosper. This is particularly true in the major football codes – Australian Rules and rugby league – and a feature of elite-level boxing, where Indigenous fighters are also statistically over-represented. However, while sport has provided opportunities for a small number of talented Indigenous athletes, it has rarely been a pathway to lifelong prosperity. This paper contends that as a result of over-reliance on an abundant bank of physical capital, Indigenous Australian boxers are particularly vulnerable to potential occupational obsolescence should their bodily assets erode more quickly than envisaged. Drawing on an Indigenous concept, Dadirri, to inform a wider interpretive phenomenological approach, the paper examines retirement experiences of fourteen elite male Indigenous Australian boxers; the goal of this research is to understand their post-sport career decision making. In this respect, Pierre Bourdieu’s concepts of habitus, capital and field are utilised to frame and interpret the capacity of Indigenous boxers to develop sustainable career pathways – which we describe as future capital – during their time as elite athletes. For this group of athletes, being an Indigenous person was found to be a significant factor in their decision-making to enter the sport, which may then leave them open to exploitation within the field. Many boxers find their engagement with education and vocational training remains restricted to occupations that complement an Indigenous sense of cultural capital. Th...

Sundin, H, Granlund, M & Brown, DA 2010, 'Balancing Multiple Competing Objectives with a Balanced Scorecard', EUROPEAN ACCOUNTING REVIEW, vol. 19, no. 2, pp. 203-246.
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This paper investigates how multiple and competing objectives are managed within an organisation, and the role that the Balanced Scorecard (BSC) plays in balancing organisational objectives. The issue of achieving multiple objectives, those which represent the interests of various stakeholders, has come to the forefront of the corporate agenda, as companies are seen increasingly as more than a source of profit for shareholders, but rather as 'citizens' playing a broader role in society. This study adopts an exploratory case study approach to understand how the BSC is used in management decision and control processes to assist with the balancing of objectives. The case organisation is a state-owned electricity company, and provides a unique setting where multiple and equally important strategic objectives exist. The results demonstrate that the BSC has the potential to help in making trade-offs and balancing objectives, but there are certain requirements for this to succeed. The paper provides insights into issues of balanced strategic management, as it discusses 'balance' in terms of both process and outcomes.

Tam, L, Bagozzi, RP & Spanjol, J 2010, 'When planning is not enough: The self-regulatory effect of implementation intentions on changing snacking habits.', Health Psychology, vol. 29, no. 3, pp. 284-292.
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Tam, L, Glassman, M & Vandenwauver, M 2010, 'The psychology of password management: a tradeoff between security and convenience', Behaviour & Information Technology, vol. 29, no. 3, pp. 233-244.
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Tam, VWY, Tam, L & Le, KN 2010, 'Cross-cultural comparison of concrete recycling decision-making and implementation in construction industry', Waste Management, vol. 30, no. 2, pp. 291-297.
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Tam, VWY, Tam, L & Zeng, SX 2010, 'Cost effectiveness and tradeoff on the use of rainwater tank: An empirical study in Australian residential decision-making', Resources, Conservation and Recycling, vol. 54, no. 3, pp. 178-186.
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Thomson, A, Darcy, S & Pearce, S 2010, 'Ganma theory and third-sector sport-development programmes for Aboriginal and Torres Strait Islander youth: Implications for sports management', Sport Management Review, vol. 13, no. 4, pp. 313-330.
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Sport-development programmes provide opportunities for Aboriginal and Torres Strait Islander youth to excel and overcome social inequities. In Australia, all levels of government have identified sport-development programmes in their policy responses as a method to redress inequity amongst this population. Yet, a recent report has shown that national sport organisations have been more reactive in establishing anti-discrimination policy and less proactive in cultivating culturally inclusive programmes and meaningful sporting experiences (Human Rights and Equal Opportunity Commission, 2007). At the same time, neo-liberal approaches to policy in Australia have seen the emphasis on grassroots community sport-development shift to third-sector organisations. However, little research has examined how the third-sector organisations operate with Aboriginal and Torres Strait Islander communities and how culturally inclusive the programmes they deliver are for the communities in which they operate. Three case studies with the objectives of analysing organisational approaches to: structure and governance; sport-development philosophies; and cultural inclusiveness of the programmes, are presented here. The case studies were informed by the cultural lens of Ganma, a theory belonging to the Yolngu community of Yirrkala (Marika, Ngurruwutthun, & White, 1992). The case study method included in-depth interviews with programme leaders, reviews of management information systems and programme observation. The findings provided evidence of the importance of culturally inclusive programmes through governance and an informal lived approach to philosophy and culture. The implications for sports management are discussed, including: the benefits of involving Aboriginal and Torres Strait Islander people at the board level; the need for collaboration between local communities and partners; the explicit need to empower local communities to develop the skills to sustain programmes and...

Tkaczynski, A, Driml, S, Robinson, J & Dwyer, L 2010, 'Impediments to Tourism Investment in Australia: A Scoping Study', Tourism Review International, vol. 14, no. 2, pp. 117-128.
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This article reports on a scoping study identifying the impediments to tourism investment in Australia. It focuses on regional perspectives to present an understanding of tourism investment in metropolitan, regional, and remote tourism destinations. Despite the 2009 Jackson Report outlining several supply-side inhibitors to tourism development in Australia, the key impediments for tourism investment are not well covered in the tourism literature and are rarely brought together in an integrated manner. To identify these investment impediments, a case study approach, employing semistructured interviews with tourism industry and government representatives in several metropolitan, regional, and remote locations throughout Australia, was conducted in early 2010. Low profitability and variable demand were frequently nominated as the most significant impediments to investment by the majority of the interviewees. However, each location has its own unique circumstances and impediments to investment, underpinned by the type of economic development of the region, local planning controls and regulations, as well as issues particular to tourism such as location and natural and/or cultural attractions. A number of recommendations are formulated based on the findings from the case studies that emphasize the identification, monitoring, and publicizing of facilitators of investment and strategies to overcome impediments.

van Marrewijk, A, Veenswijk, M & Clegg, S 2010, 'Organizing reflexivity in designed change: the ethnoventionist approach', Journal of Organizational Change Management, vol. 23, no. 3, pp. 212-229.
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PurposeThe purpose of this paper is to reflect upon the role of intervention‐oriented scientists in the process of organisation development. The paper seeks to contribute to the growing interest in design studies for organisation development and argues that a focus on reflexivity is missing in current debate. The aim of the paper to develop critical reflexiveness for organization design studies by introducing the ethnoventionist approach.Design/methodology/approachThe paper discusses the ideal forms of clinical inquiry, participative action research, ethnography, and the ethnoventionist approach. The ethnoventionist approach is described by its central aspects: a focus on reflexivity, a management (but not managerialist) orientation, commitment to obtaining a deep understanding, connecting the multi‐layered context, and studying in pre‐arranged longitudinal intervals.FindingsThe ethnoventionist approach uses organisational ethnographies to facilitate intervention strategies intended to improve organisations. An example of such an approach in the design of new collaborative practices in the Dutch construction sector is drawn on.Practical implicationsThe essence of the ethnoventionist approach is to obtain a deeper understanding of organisational change. The ethnoventionist approach helps to overcome a lack of attention to management in current ethnographic bodies of knowledge and to deepen existing management approaches to change dynamics. Ethnoventionist approaches can be very useful for intervention‐oriented studies of change processes which require high levels of engagement and which produce high‐q...

Waller, DS 2010, 'Does Doing Good Do Good? How Pro Bono Work May Benefit Advertising Agencies', JOURNAL OF ADVERTISING RESEARCH, vol. 50, no. 4, pp. 440-449.
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The article presents advertising research on the creation of public service advertising by advertising agencies on a volunteer or so-called "pro bono" basis. Grounded theory is use to examine advertising agency business communication and trade publications, and identifying different types of pro bono work. Aside from the image advantages of identifying an agency as a socially responsible business, more business-related advantages to assisting nonprofit organizations were found including more opportunities for creativity, employee motivation, and attracting new clients.

Wearing, S 2010, 'A Response to Jim Butcher and Peter Smith's Paper ‘Making a Difference’: Volunteer Tourism and Development', Tourism Recreation Research, vol. 35, no. 2, pp. 213-215.
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Wearing, SL, Wearing, M & McDonald, M 2010, 'Understanding local power and interactional processes in sustainable tourism: exploring village-tour operator relations on the Kokoda Track, Papua New Guinea', JOURNAL OF SUSTAINABLE TOURISM, vol. 18, no. 1, pp. 61-76.
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This paper explores the power relations in and between local villages and outside tourism operators on the Kokoda Track, Papua New Guinea (PNG). The analysis of power focuses on the contingencies of agency in the interactional order allowing greater participatory approaches to sustainable tourism. The notion of power applied in this case study is derived from Michel Foucault's concept of power relations. It is argued that local power and ensuing interactions are neither a zero sum gain or over-determined structurally, but a symbiotic process. By applying Foucault's concepts to the preparation of the Ecotrekking Strategy developed by the villages on the Kokoda Track, we illustrate how power is exercised through dominance, negotiation, rationalities and resistance, all of which are interwoven into day-to-day social interactions between tourism operators and local villages. The paper concludes with a discussion on the implications of this analysis for sustainable tourism development. © 2010 Taylor & Francis.

Wong, EPY, Mistilis, N & Dwyer, L 2010, 'Understanding ASEAN tourism collaboration — the preconditions and policy framework formulation', International Journal of Tourism Research, vol. 12, no. 3, pp. 291-302.
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AbstractIntergovernmental collaboration in tourism among ASEAN nations has received little attention in the literature despite the significant contribution that tourism makes in the region. This paper helps improve our understanding of the phenomenon by providing empirical evidence that explains the preconditions that gave rise to ASEAN tourism and the formulation of its policy framework. It is suggested that, to truly realise the vision of economic integration and sustainable tourism development, continuous efforts are required to establish, promote and protect the common interests of member countries. Policy‐makers should also strive for a good balance between pragmatism and mechanism when implementing policies. Copyright © 2009 John Wiley & Sons, Ltd.

Wooders, J 2010, 'Does Experience Teach? Professionals and Minimax Play in the Lab', ECONOMETRICA, vol. 78, no. 3, pp. 1143-1154.
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Does expertise in strategic behavior obtained in the field transfer to the abstract setting of the laboratory? Palacios-Huerta and Volij (2008) argued that the behavior of professional soccer players in mixed-strategy games conforms closely to minimax play, while the behavior of students (who are presumably novices in strategic situations requiring unpredictability) does not. We reexamine their data, showing that the play of professionals is inconsistent with the minimax hypothesis in several respects: (i) professionals follow nonstationary mixtures, with action frequencies that are negatively correlated between the first and the second half of the experiment, (ii) professionals tend to switch between under- and overplaying an action relative to its equilibrium frequency, and (iii) the distribution of action frequencies across professionals is far from the distribution implied by minimax. In each respect, the behavior of students conforms more closely to the minimax hypothesis.

Wu, H, Fargher, N & Wright, S 2010, 'Accounting for investments and the relevance of losses to firm value', The International Journal of Accounting, vol. 45, no. 1, pp. 104-127.
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Recent research has documented investment in research and development as a key driver of the market value of currently unprofitable firms (hereafter loss firms) in a knowledge-based economy. We broaden this argument to consider the influence of accounting for investments in general on the relation between current profitability and firm value for loss firms. Specifically, in the context of a resource-based economy, we find that exploration costs, cash flow measures of investment, and research and development costs help to explain the value of loss firms and reduce the negative relation between current profitability and firm value. © 2010.

Yu, K & Levy, F 2010, 'Offshoring Professional Services: Institutions and Professional Control', British Journal of Industrial Relations, vol. 48, no. 4, pp. 758-783.
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AbstractWe examine the reasons why one might expect it to be more difficult to offshore professional work than manufacturing work in a globalized world. We then provide data on the variations in a specific case — the offshoring of diagnostic radiology from the USA, UK and Singapore. We show that existing theories on the ‘offshorability’ of jobs have not captured how national institutions and occupational regulations continue to define professional work. We then review the question of supply from India's perspective and report that both macro‐institutional and organizational contexts make it complicated for Indian doctors to supply much of this service.

Agarwal, R & Selen, W 1970, 'Operationalisation of the organisational orientation and culture construct in service value networks', Proceedings of 24th Annual ANZAM Conference, Australian and New Zealand Academy of Management Conference, ANZAM, Adelaide, Australia, pp. 1-19.
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Todays service organisations increasingly operate as part of a larger service system or Service Value Network (SVN). This requires organisations to develop a work culture which encourages collaboration, communication, creativity, risk taking and empowerment among their members, and motivates employees to question fundamental beliefs and work patterns. This paper develops the Organisational Orientation and Culture (OOC)-construct for building a sustainable SVN, and comprises four key cultures and orientations from the literature: entrepreneurial orientation, collaborative culture, learning orientation, and market/customer orientation. Using empirical data from a large Australian telecommunications SVN, and through the use of Exploratory Factor Analysis (EFA) and Confirmatory Factor Analysis (CFA) (using a holdout sample), this paper demonstrates that Collaborative Culture, Entrepreneurial Orientation, and a newly merged factor Freedom of Speech Culture emerge as the predominant underlying factors of culture for contemporary collaborative service organisations.

Agarwal, R & Umphress, D 1970, 'A flexible model for simulation of software development process', Proceedings of the 48th Annual Southeast Regional Conference, ACM SE '10: ACM Southeast Regional Conference, ACM, New York, NY, pp. 213-216.
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Al-Sharawneh, J, Williams, M-A & Goldbaum, D 1970, 'Web Service Reputation Prediction Based on Customer Feedback Forecasting Model', 2010 14th IEEE International Enterprise Distributed Object Computing Conference Workshops, 2010 14th IEEE International Enterprise Distributed Object Computing Conference Workshops (EDOCW), IEEE, Brazil, pp. 33-40.
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In the Service Web, customersâ feedback constitutes a substantial component of Web Service reputation and trustworthiness, which in turn impacts the service uptake by consumers in the future. This paper presents an approach to predict reputation in service-oriented environments. For assessing a Web Service reputation, we define reputation key metrics to aggregate the feedback of different aspects of the ratings. In situations where rating feedback is not available, we propose a Feedback Forecasting Model (FFM), based on Expectation Disconfirmation Theory (EDT), to predict the reputation of a web service in dynamic settings. Then we introduce the concept âReputation Aspect❠and show how to compute it efficiently. Finally we show how to integrate the Feedback Forecasting Model into Aspect-Based Reputation Computation. To demonstrate the feasibility and effectiveness of our approach, we test the proposed model using our Service Selection Simulation Studio (4S). The simulation results included in this paper show the applicability and performance of the proposed Reputation Prediction based on the Customer Feedback Forecasting Model. We also show how our model is efficient, particularly in dynamic environments.

Anufriev, M & Bottazzi, G 1970, 'Market equilibria under procedural rationality', JOURNAL OF MATHEMATICAL ECONOMICS, pp. 1140-1172.
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We analyze the endogenous price formation mechanism of a pure exchange economy with two assets, riskless and risky. The economy is populated by an arbitrarily large number of traders whose investment choices are described by means of generic smooth functions of past realizations. These choices can be consistent with (but not limited to) the solutions of expected utility maximization problems.Under the assumption that individual demand for the risky asset is expressed as a fraction of individual wealth, we derive a complete characterization of equilibria. It is shown that irrespectively of the number of agents and of their behavior, all possible equilibria belong to a one-dimensional " Equilibrium Market Curve" This geometric tool helps to illustrate the possibility of different phenomena, as multiple equilibria, and can be used for comparative static analysis. We discuss the relative performances of different strategies and the selection principle governing market dynamics on the basis of the stability analysis of equilibria. © 2010 Elsevier B.V.

Baker, E, Onyx, J & Edwards, M 1970, 'Emergence of social entrepreneurial activities: Learning from community networks', Second Int' l Conf on Social Entrepreneurship, Systems Thinking & Complexity, Adelphi University Center for Complexity & Social Entrepreneurship.

Bateman, H, Ebling, C, Louviere, JJ, Satchell, SE, Thorp, S & Geweke, J 1970, 'Economic Rationality, Risk Presentation, and Retirement Portfolio Choice', UNSW Australian School of Business Research Paper, Financial Management Association Annual Meeting, Denver, USA.

Bird, R & Yeung, DC 1970, 'Institutional ownership and IPO performance: Australian evidence', Financial Management Association 2010 Meetings, Financial Management Association Annual Meeting, Financial Management Association, New York, USA, pp. 1-25.
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The duo IPO anomalies of underpricing and long run underperformance have inspired a plethora of studies. Yet few have examined the impact of majority investors in IPOs, namely institutional investors. Consistent with previous studies, we found large underpricing which was greatest in those issuers with the highest initial institutional ownership. Yet these issuers experienced the worst long]run underperformance which casts doubts over the informed]trading hypothesis. The findings are consistent with overreactions driven by informational cascade in the IPO market. High level of initial institutional interests generates informational herding that drives these issuersf prices beyond the fundamental. Over time, market correction leads to the long]run underperformance. Our results cast a somewhat different light on institutionsf role in IPOs, rather than being a valuable source of price discovery; Institutions may be a force of destabilization in what is already an event wrath with uncertainty.

Brown, PJ, Matolcsy, ZP & Wells, PA 1970, 'Group versus individual compensation schemes for senior executives and firm performance', British Accounting Association Annual Conference 2010, British Accounting Association Annual Conference 2010, British Accounting Association (BAA), Cardiff City Hall.

Brown, PR, Ferguson, A & Lam, P 1970, 'Choice between Alternative Routes to Go Public: Backdoor Listing versus IPO', 2010 AFAANZ Conference Website Proceedings, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Christchurch, New Zealand, pp. 1-38.
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Going public is the dream of many private companies. It represents a major milestone in the development of a firm. The listing status brings a lot of advantages to a firm. Some of these advantages include (1) access to capital markets and lower cost of capital; (2) enhanced company reputation and profile; (3) providing liquidity for owners to cash out; and (4) use of stock to pay for acquisitions, among others. However, going public is also a costly process. The out-of-pocket costs for an IPO typically involve fees paid for investment banks, accountants, auditors, lawyers, other experts, underwriters and brokers. The IPO firm will also have to pay for the printing of a prospectus and listing fees and other compliance costs. Other hidden costs entail underpricing, more stringent disclosure and regulatory requirements and the time spent by senior management in preparing the company for public listing.

Bugeja, M & Rosa, RDS 1970, 'Capital gains taxation and shareholder wealth in takeovers', ACCOUNTING AND FINANCE, American Accounting Association Annual Meeting, WILEY-BLACKWELL, New York, pp. 241-262.
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Bugeja, M, Czernkowski, RM & Jain, R 1970, 'Information asymmetry and takeovers', American Accounting Association Conference on Teaching and Learning in Accounting, American Accounting Association (AAA), American Accounting Association, San Francisco, California.

Bugeja, M, Da Silva Rosa, R, Duong, L & Izan, H 1970, 'CEO compensation from M&As in Australia', 2010 AFAANZ Conference Website, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Christchurch, New Zealand, pp. 1-27.
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This paper investigates the extent to which Australian CEOs are compensated following the completion of mergers and acquisitions (M&A)with reference to the incentive alignment and managerial power perspective. Findings reveal that CEOs of acquiring ?rms receive signi?- cantly higher compensation in the year of completing M&As and one year after. This higher compensation is presented in all forms: bonus only, salary only, salary and bonus, and total compensation. It is also found that the incentive alignment and managerial power approach are not mutually exclusive and they both can have some degrees of explaining the variation of CEO compensation following mergers. We ?nd a positive correlation between CEO compensation and ?rm performance, and some measures of CEOs e?ort and skill in completing the deal. However, we observe that CEOs of bidding ?rms have signi?cantly lower bonus and total compensation if there is any entrenchment in the CEO governance process (i.e. CEO is also a chair of the board, or a member of the nominating committee). This result is sharply opposite to the US evidence (Gristein and Hribar (2004)) where CEO compensation after mergers is signi?cantly driven by CEO power. Overall our ?ndings are more consistent with the predictions of the incentive alignment theory rather than the managerial power theor

Casavecchia, L & Hulley, H 1970, 'The effect of idiosyncratic risk on mutual fund flows and performance', Seminar Presentation, Queensland University of Technology, Brisbane, Australia.

Casavecchia, L & Hulley, H 1970, 'The effect of idiosyncratic risk on mutual fund flows and performance', Seminar Presentation, University of Western Australia, Perth, Australia.

Casavecchia, L & Hulley, H 1970, 'The effect of idiosyncratic risk on mutual fund flows and performance', Finance and Corporate Governance Conference, Melbourne, Australia.

Casavecchia, L & Hulley, H 1970, 'The effect of idiosyncratic risk-taking on mutual fund performance and fees', Financial Management Association 2010 Meetings, Financial Management Association Annual Meeting, Financial Management Association, New York, USA, pp. 1-50.
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We identify for the first time the crucial role played by idiosyncratic risk as a determinant of performance persistence, flow-performance sensitivity and management fees charged to fund shareholders. Using a sample of US equity mutual funds, we show that high idiosyncratic volatility indirectly captures the aggressiveness of fund investment strategies. We document that funds characterized by high idiosyncratic risk exhibit high probabilities of transitioning into the tails of the performance distribution. In particular, these high transition probabilities in performance cause funds characterized by high idiosyncratic risk to jump more frequently from one tail of the performance distribution to the other, making them appear as if they do not significantly underperform as opposed to funds with low levels of idiosyncratic risk. Consistent with the model of Berk and Green (2004), we argue that idiosyncratic risk is a confusing factor and significantly compromises investors ability to clearly quantify managerial skills. Since investors learn about managerial abilities from past returns and chase performance accordingly, we should expect high noise in performance to reduce the precision of investors priors about these abilities. As a result, in the presence of switching costs and search costs, investors may optimally choose to wait to receive a better signal before (re-) allocating their capital. We document in fact that the sensitivity of flows to performance significantly and monotonically plunges for those funds engaging in high idiosyncratic risk, irrespective of their performance rankings.

Chelliah, J 1970, 'Do management consultants understand the psyche of their clients?', Proceedings of the Business and Information, vol. 7 Iss. 1, 2010, International Conference on Business and Information, Academy of Taiwan Information Systems Research, Kitakyushu, Japan, pp. 1-21.
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The paper reveals the lack of discovery of the unwritten or unspoken expectations of clients in the consultant-client relationship.

Chiarella, C & Di Guilmi, C 1970, 'Debt deflation dynamics in a heterogenous agent economy', 16th International Conference on Computing in Economics and Finance, London, UK.

Chiarella, C & Di Guilmi, C 1970, 'The Financial Instability Hypothesis: A Stochastic Microfoundation Framework', Workshop on the Complexity of Financial Crisis in a Long-Period Perspective: Facts, Theory and Models, Sienna, Italy.

Clarke, T & Klettner, AL 1970, 'Corporate Governance: Investigating the Reform of Boards and Directors', 2010 European Academy of Management EURAM, SYMPOSIUM 1: Management in Tommorowland: Exploring the challenges & the seeds of sustainable management, European Academy of Management EURAM, Tor Vergata University, Rome Italy, pp. 1-39.
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CHAIR TRACK 7: Corporate Governance and the crisis of financialisation This paper draws together the legal and management literature relevant to the theory and design of qualitative empirical research in the field of corporate governance. It goes on to provide a detailed description of an empirical project carried out by the authors. This project involved interviews with representatives of 67 Australian companies, ranging in size from large multinationals to small start-ups, and was designed to investigate the response of those companies to legal and regulatory developments in the area of corporate governance. This paper will discuss the theoretical issues and practical difficulties of qualitative empirical research as well as its value in better understanding complex regulatory systems. The later part of the paper will highlight some of the key findings of our project within the context of the relevant legal and regulatory environment.

Clinch, G, Fuller, D, Govendir, BJ & Wells, PA 1970, 'The Accrual Anomaly: Australian Evidence', 2007 AFAANZ Conference, Accounting and Finance Association of Australia and New Zealand Conference, AFAANZ, Gold Coast, Australia, pp. 1-37.
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This paper investigates whether the accrual anomaly identified by Sloan (1996), whereby investors overestimate the impact of accruals on the persistence of earnings exists within an Australian context. While there is general support for the existence of the anomaly in Australia there are a number of idiosyncrasies in the results. First, there is evidence that in Australia investors underestimate the persistence of earnings. Second, there are greater errors in assessing the impact of cash flows on the persistence of earnings than accruals (i.e., a cash flow anomaly rather than an accruals anomaly). Third, returns to the hedged portfolio trading strategy are increasing over the three year period subsequent to portfolio formation. Analysis of these results indicates that they are primarily attributable to a limited number of firm year observations in the extreme positive tail of returns. Additionally, a range of sensitivity tests were undertaken to address the robustness of these results.

Collins, J 1970, 'The media, immigrant minorities and ethnic crime in Sydney', Sydney City Council Forum on Media and Inclusion, Living in Harmony Festival, Sydney, Australia.

Czernkowski, RM, Bugeja, M & Jain, R 1970, 'Information asymmetry and takeovers', British Accounting Association Annual Conference 2010, British Accounting Association Annual Conference 2010, British Accounting Association (BAA), Cardiff City Hall.

Czernkowski, RM, Jain, R & Bugeja, M 1970, 'Impact of information asymmetry on takeovers', 33rd Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Istanbul, Turkey.

Dadpour, R 1970, 'Marketing Strategies to Develop Tourism Industry in Religious Destinations, a case study of Mashhad', 2nd International Conference on Tourism and Hospitality Management.

Dalton, BM, Green, J & Pearce, S 1970, 'Structural factors behind attrition of ATSIC students in higher education: why ABSTUDY needs reform!', Dalton, Bronwen, Jenny Green, and Sonya Pearce. 'Structural factors behind attrition of ATSIC students in higher education: why ABSTUDY needs reform!.' The Third Sector as Civil Society in Australasia: Identity, Role and Influence in the New Century. 2010., ANZTSR: The Third Sector as Civil Society in Australasia: Identity, Role and Influence in the New Century, UTS.

Dalton, BM, Jang, H, Jung, K & Johns, RE 1970, 'Destination Australia: Working conditions of Korean women working in the entertainment and sex industry', Proceedings of the 9th PERA Conference - Workforce Planning in Times of Crisis and Change, Pacific Employment Relations Association Conference, Pacific Employment Relations Association, Adelaide Australia, pp. 32-54.
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The experience of women working in the sex and entertainment industry is an issue central to feminism, social and human rights movements, and ongoing political debate. Although now an area of scholarly research the clandestine nature of this industry makes research challenging and means many aspects remain unknown. In this paper, the researchers examine the working conditions of Korean women working in the sex industry in Australia. The paper reports on recent trends in patterns of migration and draws attention to the fact that increasing numbers of Korean women are utilising =working holiday` visas to work in the sex and entertainment industry and that under Australian law this practice is essentially legal. The paper also examines the nature of their service in the sex industry and details the conditions of their employment. Findings from this study aim to inform recommendations to policy makers in relevant government and non-government community service organisations.

Di Guilmi, C 1970, 'Financial instability hypothesis: A stochastic microfoundation framework', Interacting Agents and Nonlinear Dynamics in Macroeconomics, Udine, Italy.

Di Guilmi, C 1970, 'The financial instability hypothesis: A stochastic microfoundation', The Hyman P. Minsky Summer Seminar and Conference, New York, USA.

Dunphy, DC, Benn, SH & Perrott, B 1970, 'Building sustainability knowledge through the case study method', Australian and New Zealand Academy of Management Conference, Adelaide, Australia.

Eckert, C, Frischknecht, BD & Louviere, JJ 1970, 'Keep it simple: Easy ways to estimate choice models for single consumers', Proceedings of the Australian and New Zealand Marketing Academy Conference 2010, Australian and New Zealand Marketing Academy Conference, University of Canterbury, Christchurch, New Zealand, pp. 1-7.
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We show with Monte-Carlo simulations and empirical choice data sets that we can quickly and simply refine choice model estimates for individuals based on methods such as ordinary least squares regression and weighted least squares regression to produce well-behaved insample and out-of-sample predictions of choices. We use well-known regression methods to estimate choice models, which should allow many more researchers to estimate choice models and be confident that they are unlikely to make serious mistakes.

Eckert, C, Hinz, O, Eckert, J & Skiera, B 1970, 'Do retailers benefit from the long tail phenomenon?', Freiburg, Germany.

Eckert, C, Louviere, JJ & Islam, T 1970, 'If I like you once, will I like you again? Brand Carryover Effects On Mean And Variance In Related Discrete Choice Experiments', Proceedings of the 39th EMAC Conference, Engineering Mathematics and Applications Conference, European Marketing Academy, Copenhagen (Denmark).

Eckert, J, Ebling, C, Skiera, B & Hinz, O 1970, 'Do retailers benefit from the long tail phenomenon?', Proc. of the IADIS Int. Conf. e-Commerce 2010, Proc. of the IADIS Int. Conf. e-Democracy, Equity and Social Justice 2010, Part of the MCCSIS 2010, International Association for Development of the Information Society International Conference, MCCSIS, Freiburg, Germany, pp. 93-99.
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The Internet and related technologies have vastly expanded the variety of products that can be profitably promoted and sold by online retailers. As a result, while in most offline markets, a few best selling products (blockbusters) generate the bulk of demand, online demand for blockbusters is often accompanied by sales for a huge number of less-selling products (niches). In response to emerging long-tailed sales distribution patterns, Anderson (2004, 2006) coined the phrase Long Tail to describe the phenomenon that niche products can gain a significant share in total sales. Most important from a retailers' perspective is whether additionally offered niche products mainly substitute former existing ones or if consumers expand their demand. While the latter can generate additional profit, substitution is only beneficial if substitutes have higher margins than products that were purchased before. By using a unique data set of a monopolistic video-on-demand operator in Germany that covers all individual sales since its launch from December 2004 until August 2007, we disentangle demand for additional offered films into substitution and additional consumption. Our results reveal that demand of additionally offered films is driven by on average 86.10% additional consumption and only 13.90% substitution, suggesting huge profit potential for retailers by increasing their assortments. © 2010 IADIS.

Edwards, DC, Griffin, T, Hayllar, BR & Dickson, T 1970, 'Examining the performance of urban destinations: A comparison Of domestic and international tourists to two Australian capital cities', Proceedings of the 20th Annual Council for Australian University Tourism and Hospitality Education, Council for Australian University Tourism and Hospitality Education annual conference, CAUTHE, Hobart, Australia, pp. 1-24.
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Edwards, Griffin and Hayllar (2007) argued that research on urban tourism was not reflective of its degree of importance relative to tourism in other types of destinations. Further there is a paucity of Australian-based research. To partially address this imbalance, this study aimed to enhance the understanding of both domestic and international tourists experiences of two Australian urban destinations, Sydney and Canberra, through an examination of the key attributes sought by visitors to those destinations. Additionally, the study sought to understand the relative importance of these destination attributes and the extent to which tourists were satisfied with their experiences of these attributes.

Fam, K, Gazley, A, Waller, DS & Krisjanous, J 1970, 'Attitudes To Offensive Advertising in China: A Comparison With The West', The Six Senses - the Essentials of Marketing, Engineering Mathematics and Applications Conference, European Marketing Academy, Denmark, Copenhagen, pp. 160-160.

Faulkner, S & Wearing, SL 1970, 'Coming home: The effects of the volunteer tourism experience on the volunteer', 20th Annual Conference Council for Australian University Tourism and Hospitality Education (CAUTHE), Council for Australian University Tourism and Hospitality Education annual conference, CAUTHE, Hobart, Australia, pp. 1-6.
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Finnoff, D, Hambusch, G & Shaffer, S 1970, 'Optimal management of mean reverting losses', Annual Conference of the Multinational Finance Society, Barcelona, Spain.

Fiorini, M & Keane, M 1970, 'How the allocation of children's time affects cognitive and non-cognitive development', NBER Summer Institute, Boston, USA.

Frawley, SM 1970, 'Blatchy's Blues: The Points of Attachment of Representative-Level Sport Fans', 16th SMAANZ Conference 2010, Sport Management Australia and New Zealand, Wellington, New Zealand, pp. 29-29.

Freeman, W, Wells, PA & Wyatt, A 1970, 'Countrywide financial corporation: business operations and financial reporting practices in the period prior to the global financial crisis', American Accounting Association Conference on Teaching and Learning in Accounting, American Accounting Association (AAA), American Accounting Association, San Francisco, California.

Gerig, A & Glover, K 1970, 'What makes the market in a market without market-makers?', 16th International Conference on Computing in Economics and Finance, London, UK.

Giacobbe, F, Wakefield, JA & Booth, PJ 1970, 'Challenges and controls associated with establishing a wholly owned foreign subsidiary in a transition economy', 33rd Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Istanbul, Turkey.

Glover, K 1970, 'Optimal prediction of the CEV process', Quantitative Methods in Finance 2010 Conference, Sydney, Australia.

Glover, K, Peskir, G & Samee, F 1970, 'The British Russian option', 6th World Congress of the Bachelier Finance Society, Toronto, Canada.

Hulley, H 1970, 'The Economic Plausibility of Strict Local Martingales in Financial Modelling', Quantitative Methods in Finance 2009 Conference, Springer Berlin Heidelberg, Sydney, Australia, pp. 53-75.
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Hunt, BF 1970, 'The Effect of the GFC (and Other Busts) on Portfolio Diversification Benefits', Finance and Corporate Governance Conference, Melbourne, Australia.

Jannat, S, Khaled, AA & Paul, SK 1970, 'Optimal Solution for Multi-Objective Facility Layout Problem Using Genetic Algorithm', International Conference on Industrial Engineering and Operations Management, Dhaka, Bangladesh, pp. 751-756.

Johar, M & Maruyama, S 1970, 'Intergenerational Cohabitation in Modern Indonesia: Filial Support and Dependence', UNSW Australian School of Business Research Paper, 1st Australasian Workshop on Econometrics and Health Economics, Melbourne.

Johar, M, Jones, G & Savage, EJ 1970, 'Non-clinical determinants of waiting times for elective admissions in NSW public hospitals', CAER Health Economics Workshop, Sydney.

Johar, M, Jones, G & Savage, EJ 1970, 'Non-clinical determinants of waiting times for elective admissions in NSW public hospitals', European Conference of Health Economics, Helsinki, Finland.

Johar, M, Jones, G, Keane, M, Savage, EJ & Stavrunova, O 1970, 'Expected waiting times and the decision to buy private health insurance', 1st Australasian Workshop on Econometrics and Health Economics, Melbourne.

Johar, M, Jones, G, Keane, M, Savage, EJ & Stavrunova, O 1970, 'The demand for private health insurance: Do waiting lists or waiting times matter?', American Society of Health Economists Conference, Cornell University, USA.

Johar, M, Jones, G, Keane, M, Savage, EJ & Stavrunova, O 1970, 'The demand for private health insurance: Do waiting lists or waiting times matter?', European Conference of Health Economics, Helsinki, Finland.

Kaya, E 1970, 'Urban Transformation and Industrial Cultural Heritage: Case of Bomonti Beer Factory', 14th International Planning History Society Conference, 12-15 July 2010, Istanbul.

Keane, M & Stavrunova, O 1970, 'Adverse Selection, Moral Hazard and the Demand for Medigap Insurance', 19th European Workshop on Econometrics and Health Economics, Lausanne, Switzerland.
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The size of adverse selection and moral hazard eects in health insurance markets has important policy implications. For example, if adverse selection eects are small while moral hazard eects are large, conventional remedies for inefficiencies created by adverse selection (e.g., mandatory insurance enrolment) may lead to substantial increases in health care spending. Unfortunately, there is no consensus on the magnitudes of adverse selection vs. moral hazard. This paper sheds new light on this important topic by studying the US Medigap (supplemental) health insurance market.

Kwak, K, Wang, PZ & Louviere, JJ 1970, 'Detecting attribute by covariate interactions in discrete choice model', Proceedings of the Australian and New Zealand Marketing Academy Conference 2010, Australian and New Zealand Marketing Academy Conference, University of Canterbury, Christchurch, New Zealand, pp. 1-7.
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This paper introduces a simple way to identify attribute by covariate interactions in discrete choice models. This is important because modelling such interactions is an effective way to account for systematic taste variation or preference heterogeneity across different consumers. Using a simulated data set to mimic a well-known phenomenon of selective attention to design attributes, we tested our proposed approach in the banking service context. Our proposed approach was successful in detecting the attribute by covariate interactions implied by the data generation process and was found to outperform both full and stepwise interaction models. Such findings have implications for both academics and practitioners of the marketing research community in general and choice modelling field in particular.

Kwak, K, Yoon, K & Tran, TV 1970, 'Be Careful When Using the Mover-Stayer Conceptual Framework in Brand Choice Models', Modeling Dynamic Behaviour of Variety Seeking and Inertia, INFORMS Marketing Science, INFORMS, Cologne, Germany, pp. 50-50.
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There is substantial literature demonstrating the time-varying impacts of both inertia and variety-seeking tendencies on consumersâ brand choice decisions (i.e., maximizing state-dependent utility) in the packaged goods markets. One common approach used in the past studies is to capture state-dependent utility with one covariate in the utility specification. With respect to this approach, however, two issues come to our attention. First, given the assumption that both inertia and variety-seeking tendencies are two unobservable (or hidden) states, marketers are interested in estimating state-dependent parameters of marketing mix variables in various types of purchase decision models such as brand choice and purchase timing ones. Second, marketers are also interested in investigating the transition patterns between two different inertia and variety-seeking states. To provide some marketing clues to two research questions, this utilizes the hidden Markov modeling approach. Specifically, we propose a state-dependent brand choice and purchase timing model which enables marketers to describe the transition patterns between two states and estimate state-dependent parameters of brand choice and purchase timing models. In addition, we use a hierarchical Bayes approach to capture the unobserved heterogeneity across consumers. We calibrate our proposed model using a scanner panel data set for frequently purchased packaged goods. This study provides marketers with various marketing insights such as consumersâ steady-state transition patterns and consumersâ state-dependent sensitivities to marketing mix variables. Based on our empirical findings, managerial implications will be discussed.

Leung, LT 1970, 'Issues in mobility and literacy: user-centred information design for asylum seeker and refugee communities', My Language Your Language in the Digital Age, Sydney.

Leung, LT 1970, ''We don't need no education': preparing precariats for the digital creative industries', ACS Crossroads 2010 in Hong Kong, Hong Kong.
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Panel on issues in digital labour

Loyeung, AL, Matolcsy, ZP & Wells, PA 1970, 'The association between talent and compensation: The case of Australian chief financial officers', 2010 AFAANZ Conference Program, AFAANZ, AFAANZ, Christchurch, New Zealand.
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The purpose of this paper is to determine whether CFOs are remunerated for their talent, where CFO talent is characterised by the CFOs ability to successfully manage the adoption of new accounting standards (i.e., convergence to the IFRS). This paper is motivated by the lack of evidence on the determinants of CFO compensation and the global controversy surrounding executive compensation. The results are based on sample of 280 Australian firms from 2005 to 2006. Results reveal a positive association between CFO talent and CFO compensation levels and a positive relation between CFO talent and cash bonuses in the subsequent. Further, a talented CFO is more likely to be retained by the firms. Additional analyses suggest that the compensation levels of other executives such as the CEO are not affected by errors in the accounting numbers. Overall the results are consistent with the efficient labour market view, that CFOs are remunerated in manners that attracts, retains, motivates talent and reduces overall costs to the firm.

Loyeung, AL, Matolcsy, ZP & Wells, PA 1970, 'The association between talent and compensation: the case of Australian chief financial officers', American Accounting Association Conference on Teaching and Learning in Accounting, American Accounting Association (AAA), American Accounting Association, San Francisco, California.

Matolcsy, ZP, Tyler, JV & Wells, PA 1970, 'Is board independence associated with continuous disclosure?', British Accounting Association Annual Conference 2010, British Accounting Association Annual Conference 2010, British Accounting Association (BAA), Cardiff City Hall.

Matolcsy, ZP, Wells, PA & Tyler, J 1970, 'The impact of corporate governance regulation in Australia', American Accounting Association Conference on Teaching and Learning in Accounting, American Accounting Association (AAA), American Accounting Association, San Francisco, California.

Md. Maruf Hossan Chowdhury & Md. Tayub Chowdhury 1970, 'Information integration in a dyadic relationship between producer and supplier: A case study on Holtab and its supplier', 2010 IEEE 17Th International Conference on Industrial Engineering and Engineering Management, EM2010), IEEE, pp. 333-343.
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Information integration enables firms to get real time information to cater the needs of customers, reduce order cycle time, accelerate response times and reduce cost in the supply chain. The paper aims at analyzing the present state of information flow between producer and its supplier, focuses on the ways and means of information integration between producer supplier dyad to ensure on time delivery of a critical component. A case study has been carried out using a qualitative research approach. Primary Data have been collected by observation and semi structured interview with the logistics manager and production manager of both producer and supplier. From the analysis and findings it is revealed that information flow both intra and inter-company is not smooth which creates the problem of uncertainty in the supply of critical component. To solve this problem both short term and long term solutions have been suggested based on the degree of integration required between the producer supplier dyad. © 2010 IEEE.

Menictas, C, Wang, PZ & Louviere, JJ 1970, 'Assessing the validity of brand equity constructs: A comparison of two approaches', Proceedings of the Australian and New Zealand Marketing Academy Conference 2010, Australian and New Zealand Marketing Academy Conference, University of Canterbury, Christchurch, New Zealand, pp. 1-8.
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This paper tests both the internal and external validity of the Erdem and Swait (1998) brand equity framework using two measurement modelling approaches, namely the relatively new Best-Worst Scaling (BWS) method (Finn and Louviere, 1992; Marley and Louviere, 2005) and the more traditional Confirmatory Factor Analysis (CFA) method. Data were collected from the Australian banking services sector. We find the measurement models derived from BWS outperformed the models based on CFA of the rating data in predicting both stated and real brand choices. The findings have implications for both academics and practitioners in brand equity measurement and management.

Meyer, PH, Hutcheson, TJ & Jie, F 1970, 'What's in it for me? A comparison of postgraduate and undergraduate performance in supplemental instruction at an Australian university', Enhancing the Effectiveness of Learning and Teaching in Economics: Proceedings of the 13th Australasian Teaching Economics Conference, 13th Australasian Teaching Economics Conference, Lambert Academic Publishing, Sydney, Australia, pp. 42-49.
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PASS has proven to be a popular progrem with m:dergraduate University students. r:rls study examines the impact of the PASS pro''',, when it is introduced into a postgraduate subject. The results imply that the postgraduate students who attended PASS 'were on average able to achieve higher .marks fum: students that did not However, the feedback provided by postgraduate students on the her:efits they felt they achieved whi!st attending PASS was not as positive as the feedback provided by undergraduate students.

Michayluk, D, Neuhauser, K & Walker, S 1970, 'Are certain dividend increases predictable? The effect of repeated dividend increases on market returns', Financial Management Association 2010 Meetings, Financial Management Association Annual Meeting, Financial Management Association, New York, USA, pp. 1-38.
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Positive abnormal returns around dividend increase announcements are well documented. The conventional explanation for these abnormal returns is that a dividend increase conveys favorable information about a firms prospects causing the stock price to increase in response to the announcement. This study offers a new perspective by studying a special group of firms that consistently increase their dividends each year. Abnormal returns around each dividend increase announcement are investigated based on the number of consecutive annual increases. In light of survey results that indicate firms endeavor to maintain steady dividend payments, one hypothesis is that after a certain number of dividend increases, a firm may develop a reputation as a dividend-increasing firm and consequently the market will learn to anticipate future dividend increases. Consistent with this hypothesis, we find that abnormal returns are significantly positive for the first and second dividend increase. Returns are not significant for all other increases, with the exception of the ninth consecutive increase. Our results suggest that, by the third consecutive increase, the market has learned to expect further increases. Our findings are robust and provide further evidence that, consistent with other types of corporate announcements, the stock market reacts differently depending on the frequency of an action.

Nagarajan, SV & Edwards, J 1970, 'The role of universities in prepaing work ready information technology graduates', ACEN National Conference 2010Proceedings of the Australian Collaborative Education Network National Conference, Perth, 2010, Australian Collaborative Education Network National Conference, Australian Collaborative Education Network (ACEN) Incorporated, Curtin University, Perth, pp. 480-488.
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The role of universities in preparing graduates for the workforce is a longstanding and controversial issue. In the business world, employers are increasingly interested in what their employees can do and less interested in what they know. There is an uneasy relationship between universities and their curricula and employer expectations of graduates. In the field of IT (Information Technology), minimal research literature exists on understanding graduate perspectives of their work experiences or how to relate their formal study to their work experiences, especially during the early employment years. When we studied the work experiences of recent IT graduates we found that certain professional skills can be developed only during employment. However, universities could be responsible for preparing IT graduates to face unknown, unknowable supercomplex situations, ensuring IT graduates learn how to learn, increasing knowledge and awareness of workplace environments and setting initial job expectations of, and for, IT graduates. We also found that in their degrees, IT faculties need frameworks beyond graduate attributes for the development and inclusion of IT specific professional skills.

Nikolova, N 1970, 'Trust as a leap of faith: Strategies for establishing positive expectations and safe dependency in client-consultant relationships', 26th EGOS Colloquium, Lisbon 2010, EGOS, Lisbon, Portugal, pp. 1-21.

Oppewal, H, Morrison, M, Wang, P & Waller, D 1970, 'Preference Stability: Modeling how Consumer Preferences Shift after Receiving New Product Information', CHOICE MODELLING: THE STATE-OF-THE-ART AND THE STATE-OF-PRACTICE, Inaugural International Choice Modelling Conference, EMERALD GROUP PUBLISHING LTD, Harrogate, ENGLAND, pp. 499-516.

Pattenden, K & Walsh, KD 1970, 'Getting Sentimental about Japanese Bear Markets', 1st Asian Business & Management Conference Program & Proceedings, The International Academic Forum, 1st Asian Business & Management Conference, Japan.

Paul, SK & Azeem, A 1970, 'Defects Identification and Analysis of a Pharmaceutical Product Using Pareto and Cause-Effect Analysis', 8th International Conference on Mechanical Engineering, Dhaka, Bangladesh, pp. 1-6.

Perrott, B 1970, 'Improving health service delivery: Potential gaps and solutions', Proceedings of 24th Annual ANZAM Conference, Australian and New Zealand Academy of Management Conference, ANZAM, Adelaide, Australia, pp. 1-19.

Professor Ronald Geoffrey Bird, R & Yeung, DC 1970, 'How do investors react under uncertainty?', Asian Finance Association International Conference 2010, Hong Kong.

Russell, AJ, King, S, Kaji-O'Grady, S & Edwards, DC 1970, 'Mapping Ultimo, Sydney, for sustainable urbanism', Proceedings of the Urban Design Research: Method and Application, Urban Design Research: Method and Application, Birmingham City University, Birmingham, UK, pp. 149-164.
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A 2009 research project in Sydney, Australia, developed ways of working with digital tools to capture the urban experience and its dynamic systems, as well as its physical composition. The project saw a unique collaboration between researchers, practitioners and students from the disciplines of architecture and tourism. It drew on the theoretical frameworks, skills and interests of all those involved.

Savage, EJ 1970, 'The Health Efficiency Roadmap for the next 10 years (Invited Speaker)', Catholic Health Australia Conference, Adelaide.

Scerri, M & Agarwal, R 1970, 'Yield Management: Applicability to Education Services Sector', PROCEEDINGS OF THE FOURTH INTERNATIONAL CONFERENCE ON OPERATIONS AND SUPPLY CHAIN MANAGEMENT (ICOSCM 2010), 4th International Conference on Operations and Supply Chain Management/15th Annual Meeting of the Asia-Pacific-Decision-Sciences-Institute, CHINESE UNIV HONG KONG, ECONOMICS & MANGEMENT SCHOOL, WUHAN UNIV, PEOPLES R CHINA, Hong Kong, pp. 381-387.
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Yield management is credited with delivering increases in revenue of between five to seven percent for top tier airlines. Since that time, its application has been extended to other service sectors within the travel and tourism industry. However, its application in other service industries which have high fixed costs and little marginal cost for additional customers is still in its infancy or is yet to be explored.

Schlenker, K, Edwards, DC, Hayllar, BR & Griffin, T 1970, 'City spaces, functional places: Functions of urban tourism precincts', Proceedings of the 20th Annual Council for Australian University Tourism and Hospitality Education, Council for Australian University Tourism and Hospitality Education annual conference, CAUTHE, Hobart, Australia, pp. 1-12.
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Tourism precincts form an important part of the phenomenon of urban tourism. The pattern of tourist visitation in an urban destination tends to be concentrated in specific tourism precincts, where tourists tend to spend a large proportion of their time (Griffin, Hayllar, & King, 2006; Hayllar & Griffin, 2006). Precincts perform a range of functions that play an important role in providing visitors with a satisfying and fulfilling experience of the city overall. Previous research suggests a range of precinct functions relating to providing visitors with a connection to the city and its people; providing contrast and respite from a citys CBD; acting as a meeting place, or place of orientation for tourists (Griffin & Hayllar, 2006, 2007; Griffin, et al., 2006; Hayllar & Griffin, 2005; Hayllar & Griffin, 2006).

Schulenkorf, N 1970, 'Community empowerment through sport and events: A conceptual framework for sport-for-development projects', Global Events Congress IV: Festivals & Events Research: State of the Art Proceedings Online, Global Events Congress, UK Centre for Event Management, Leeds, UK, pp. 1-21.
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The number of aid organisations, NGOs and Government agencies pursuing the Millennium Development Goals and seeking to improve the everyday needs and social life of disadvantaged communities through sport and events, has been growing over the past decade. Particularly in divided societies, sport-for-development projects have increasingly been staged to contribute to intergroup togetherness, social cohesion and community empowerment. While the analyses of individual sport and event projects highlights their capacity to impact positively on people and groups, they do not provide strategic guidelines, models or frameworks for community empowerment. However, such models are needed to foster practical research in the area of community development that can inform sport and event planning, management and leverage. In an attempt to fill this gap, this paper presents and discusses the Sport-for-Development (S4D) Framework, which can be used to guide the strategic investigation of sport and event projects and their contribution to direct social impacts and lasting social outcomes for (disparate) communities. Finally, this paper suggests different ways in which the S4D Framework could be empirically tested and validated through both qualitative and quantitative research.

Schulenkorf, N & Edwards, DC 1970, 'Social development through sport and events: Strategies for sustaining and leveraging event benefits', Kufstein Congress on Sports & Culture: Sustainable Event Management - Lessons Learnt & Prospects, Kufstein Congress on Sports & Culture, Books on Demand GmbH, Kufstein, pp. 183-198.
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There is increasing evidence that community based sport and event programs can be used to achieve positive social development within and among communities in developing countries (Gasser & Levinsen, 2004; Schulenkorf, 2008; Stidder & Haasner, 2007; Sugden, 2006). According to Moscardo (2007), social development consists of three major, interrelated constructs: social capital, social change and community capacity building. The focus of this paper is on investigating how these social development constructs can be advanced through strategic event planning. Two âsport for developmentâ event projects in war-torn Sri Lanka are examined to identify how event planners and managers can maximise and leverage social benefits for direct participants, supporting stakeholders and the wider community.

Selen, W & Agarwal, R 1970, 'Operationalisation of the Elevated Service Offering-construct in a Service Value Network', 17th International Annual EurOMA Conference, International Annual EurOMA Conference, EuROMA, Portugal, pp. 1-12.
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This paper researches - Elevated Service Offerings - (ESO), or enhanced service offerings which can only be eventuated as a result of partnering, and which could not be delivered on individual organisational merit, within a service value network. The ESO is a multi-dimensional construct which was operationalized and validated through an extensive literature review, Exploratory Factor Analysis, and Confirmatory Factor Analysis using a holdout sample. This research gives managers of service organisations further insight into the dimensions of this new concept of innovation in services in collaborative service systems.

Shan, Y, Taylor, SL & Walter, TS 1970, 'Errors in estimating unexpected accruals in the presence of large changes in net external financing', American Accounting Association Conference on Teaching and Learning in Accounting, American Accounting Association (AAA), American Accounting Association, San Francisco, California.

Shan, Y, Taylor, SL & Walter, TS 1970, 'Errors in estimating unexpected accruals in the presence of large changes in net external financing', Annual Conference of the Multinational Finance Society, Barcelona, Spain.

Sivabalan, P, Brown, DA, Wu, C & Malmi, T 1970, 'Annual budgets, rolling forecasts and competitive strategy', 2010 AFAANZ Conference Program, AFAANZ 2010, AFAANZ, Christchurch, New Zealand.
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This study investigates relationships between the importance of four operational budget reasons and the intensity of the cost leader/differentiator strategy in business units. The study considers this relationship for both annual budgets and rolling forecasts. Using data collected from a survey of 331 medium to large Australian business units, we find that more intensive adopters of differentiator strategies appear to regard annual budgets and rolling forecasts as more important for both operational planning and performance evaluation reasons - this represented a broader range of reasons than that observed for cost leader business units, which have been traditionally argued to be more sensitive to formal financial controls.

Spanjaard, DC & Freeman, LM 1970, 'Putting Emotion Where it Belongs: at the centre of brand loyalty', Academy of Marketing brand identity abd Reputation SIG International Colloquium, Academy of marketing, Barcelona, Spain.

Thomson, AK, Leopkey, B, Schlenker, K & Schulenkorf, N 1970, 'Empirical Investigation of Sport Event Legacy in Australian and Canadian Contexts', 16th Annual SMAANZ Conference, Wellington, New Zealand.

Thomson, AK, Leopkey, B, Schlenker, K & Schulenkorf, N 1970, 'Sport Event Legacies: Implications for Meaningful Legacy Outcomes', Global Events Congress IV - Events and Festivals Research State of the Art, Global Events Congress, UK Centre for Events Management, Leeds University, Leeds, UK, pp. 1-22.
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Within the sport and event management context, legacy has emerged as an important justification for public sector involvement and investment since the late 1980s. Legacy is recognised as the long-term economic, tourism, social, and/or environmental outcomes for a host city from staging events (Gratton & Preuss, 2008; Hiller, 2003; Preuss, 2007). Despite the growing popularity, the concept of legacy has largely evaded any meaningful critique for the planning, implementation and evaluation of sport event outcomes. This paper aims to address this gap in the literature by empirically testing five key considerations of legacy, identified in previous work (Thomson, Schlenker, & Schulenkorf, 2009). The five key considerations include;

Tyler, JV, Matolcsy, ZP & Wells, PA 1970, 'Corporate governance regulation and the impact on continuous disclosure in Australia', 2010 AFAANZ Conference Program, AFAANZ, AFAANZ, Christchurch, New Zealand.
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The objective of this study is to examine the relation between board composition and continuous disclosures of Australian listed firms. One of the main objectives of the Principles of Good Corporate Governance and Best Practice (PGCG&BP) introduced by the Australian Stock Exchange (ASX) in 2003 was increased accountability. In Australia, the Continuous Disclosure Regime (CDR) provides an extensive data base to test the impact of board composition on accountability.

Wahed, MA, Wong, YW, Toh, KC & Ho, HK 1970, 'Performance Analysis of Thermally Regenerated Desiccant System Integrated With Chilled Beam for Warm Humid Climate', Volume 5: Energy Systems Analysis, Thermodynamics and Sustainability; NanoEngineering for Energy; Engineering to Address Climate Change, Parts A and B, ASME 2010 International Mechanical Engineering Congress and Exposition, ASMEDC.
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At present, climate change and rising energy prices motivate the researchers to focus on better utilization of energy for space cooling applications. The chilled beam system has already been widely used in Europe for better utilization of energy for space cooling. But, the condensation on the chilled ceiling panel limits its application in the hot and humid climates. Operating a chilled beam system for such warm and humid climate requires the integration of desiccant system, which needs to be regenerated thermally for the purpose of the indoor air quality control. This paper emphasis the performance analysis of a thermally regenerated desiccant system integrated with a building chilled beam system in Singapore. A TRNSYS simulation model of such system has been developed to investigate the thermal performance. In this model, the chilled beam system meets the sensible load of the cooling space, while the desiccant air handling system meets the latent load of the cooling space. To regenerate this desiccant system, different heat sources such as solar, electricity and waste heat are considered in the analysis. It has been found that this integrated desiccant system with active chilled beam meets the cooling load (space temperature 21°C to 25°C and relative humidity between 55% ∼ 65%) of an office building effectively. It has also been found that the utilization of solar energy as heat source for desiccant regeneration decreases the energy consumption of the system at about 20% and reduces the operating cooling cost at about 1.5 to 2.5 times than the conventional VAV system.

Wakefield, JA, Giacobbe, F & Booth, PJ 1970, 'Challenges and controls associated with establishing a wholly owned foreign subsidiary in a transition economy', British Accounting Association Annual Conference 2010, British Accounting Association Annual Conference 2010, British Accounting Association (BAA), Cardiff City Hall.

Waller, DS 1970, 'Attitudes to Advertising in a Changing Society: A Study of Chinese Students', ANZCA 2010 Conference: Media, Democracy and Change., ANZCA 2010 Conference, Australia and New Zealand Communication Association, Canberra, Australia, pp. 67-67.

Waller, DS 1970, 'Ten Years of 'Social Investment': WPP Group 1999-2008', Proceedings of International Nonprofit and Social Marketing (INSM) 2010 Conference, International Nonprofit and Social Marketing Conference, Queensland University of Technology, Brisbane, Australia, pp. 204-209.
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Over the last ten years a number of major corporate ethical and financial disasters has resulted in organisations taking steps to improve their financial reporting, corporate governance, ethical practice and social responsibility (Agrawal and Chadha 2005). Corporate Social Responsibility (CSR) and CSR disclosure has been a growing interest in both accounting and marketing academic research (Gray, Owen and Maunders 1987; Luo and Bhattacharya 2006; Waller and Lanis 2009a). Companies can use communication tools like their website, the annual reports, CSR reports, and press releases, to voluntary disclosure non-financial information, such as ethical behaviour, to their various stakeholders, including shareholders, employees, customers, suppliers, media and the government, and to develop a particular brand image for the organisation (Berkey 1990; Judd and Timms 1991; Neu, Warsame and Pedwell 1998; Stanton and Stanton 2002; Murphy etal 2005)

Wells, PA, Tyler, JV & Matolcsy, ZP 1970, 'Was corporate governance regulation really the answer?', British Accounting Association Annual Conference 2010, British Accounting Association Annual Conference 2010, British Accounting Association (BAA), Cardiff City Hall.

Wells, PA, Wright, AP & Vanza, S 1970, 'Asset impairments during the global financial crisis: was there the efficient disclosure of information, or the management opportunism', 33rd Annual Congress European Accounting Association Programme, European Accounting Association, Istanbul, Turkey.

Wells, PA, Wright, AP & Vanza, S 1970, 'Asset impairments during the global financial crisis: Was there the efficient disclosure of information, or the management opportunism', 2010 AFAANZ Conference Proceedings, AFAANZ 2010, AFAANZ, Christchurch, New Zealand, pp. 1-43.
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The objective of this study is to provide insights into how Australian firms are implementing AASB 136 Impairments of Assets. While AASB 136 provides guidance for when impairments should be undertaken, and prescribes how the magnitude of impairments should be determined, managers still have significant discretion in applying the standard. Evidence is provided of the presence of `indicators of impairment', and in particular stock returns, being positively associated with the recognition of asset impairments. This relation was not impacted by the events of 2009 and is consistent with managers disclose private information through asset impairments. However, there is evidence of opportunism in 2009 with a significantly different relation between leverage and asset impairment which is consistent with opportunism and firms with higher leverage seeking to reduce or minimise asset impairments. Contrary to expectation, there was a negative association between the change in audit fees and asset impairment in 2009. This suggests that in the presence of indicators of impairment, unless auditors were able to perform additional work, a more conservative approach to asset impairment resulted.

Wise, C, Burke, PF & Burke, S 1970, 'Novel specifications: How do consumers cope?', AMA Educators' Proceedings, AMA Summer Marketing Educators' Conference, American Marketing Association, Boston, USA, pp. 62-63.

Young, LC, Benn, SH, Donald, M, Freeman, LM & Marroun, S 1970, 'In times of need are there more reasons to be green?', Proceedings of the Australian and New Zealand Marketing Academy Conference 2010, Australian and New Zealand Marketing Academy Conference, University of Canterbury, Christchurch, New Zealand, pp. 1-8.
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There is concern that consumers may have turned their backs on Ethical and Socially Responsible (E&SR) products in response to the Global Financial Crisis (GFC). This paper reviews secondary data on consumers changes in E&SR purchasing as a result of the GFC, comparing it to the discourse of ten focus groups conducted immediately before and during the downturn. Our findings show that there has been little behaviour change in response to the downturn; E&SR products are perceived as more costly, consumer purchase decisions are primarily driven by cost rather than E&SR concerns, and consumers continue to purchase E&SR products that provide financial value.

Yu, K 1970, 'Agency through inter-organizational collaboration: the creation of a new economic regime in the low wage service sector', Organization Studies Summer Workshop, Margaux, France.

Zlatevska, N, Jones, MY & Res, AC 1970, 'Sizing Up Package Size Effects', ADVANCES IN CONSUMER RESEARCH, VOL XXXVII, pp. 649-650.

Darcy, S, Cameron, B & Pegg, S STCRC 2010, Developing a business case for accessible tourism, Accessible Tourism: Concepts and Issues, pp. 241-259, Gold Coast.

Edwards, DC, Griffin, T & Hayllar, BR CRC for Sustainable Tourism Pty Ltd 2010, Understanding Urban Tourism Impacts: An Australian Study. Technical Report, pp. 1-65, Gold Coast.
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As of 30 June 2009, Australias major cities were home to more than two-thirds (69%) of the population (ABS, 2010). In contrast, just 2 per cent of the total population lived in remote or very remote areas of Australia and 29 per cent lived in regional areas (ABS, 2010). In addition to housing the bulk of Australias population, Australias capital cities are also key gateways for international tourism and significant destinations for domestic tourism. For 2008, Sydney, Melbourne and Brisbane respectively rated as the top three regions for expenditure by domestic and international visitors (Access Economics 2009). Tourists constitute a `transient population using cities either as gateways to other destinations or as a home for ephemeral periods of time contributing to the rise and fall of urban populations as each new wave of visitors replaces the last (Edwards, Griffin & Hayllar, 2008). During their stay, tourists interact with the host destination and impacts may arise from this interaction. Edwards, Griffin and Hayllar (2008) have argued that a dialectic engagement takes place in cities between host and visitors they question whether cities, originally designed to accommodate permanent residents and concentrations of economic and physical activity, face their own set of consequences that differ to regional contexts.

Foley, CT, Schlenker, K, Edwards, DC & Hayllar, BR Business Events Sydney 2010, A Scoping Study of Business Events: Beyond Tourism Benefits, pp. 1-41, Australia.
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The purpose of this study is to provide an empirically-based assessment of the range and impact of contributions made by business events to host communities beyond the tourism dimension. This project is classified as a scoping study, delivering baseline data on which future stages of research could be built. Future stages of the project could be designed to deliver quantitative data on the contributions made by business events to complement the more qualitative focus of this study. It is well established that business events make a substantial contribution to the Australian economy from a tourism perspective. However, the Business Events Council of Australia (2009a) argues that impacts from business events in areas such as innovation, education, networking, trade, research and practice are likely to far outweigh the financial returns of the tourism spend. They have called for evidence-based research to be undertaken in this area (Business Events Council of Australia 2009b)

Green, R, Agarwal, R, Brown, PJ, Tan, H & Randhawa, K 2010, Management Matters - How does manufacturing measure up?- Background Report for the Ministry of Economic Development (MED), New Zealand, pp. 1-125, Med Nzl.
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Background Report under contract research

Griffin, T, Moore, S, Crilley, G, Darcy, SA & Schweinsberg, SC Sustainable Tourism Cooperative Research Council 2010, Protected Area Management: Collection and Use of Visitor Data. Volume 1: Summary and Recommendations, pp. 1-50, Brisbane.
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The technical reports present data and its analysis, meta-studies and conceptual studies, and are considered to be of value to industry, government or other researchers. Unlike the Sustainable Tourism Cooperative Research Centres (STCRCs) 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. The views and opinions of the authors expressed in the reports or by the authors if you contact them do not necessarily state or reflect those of the STCRC.

Klettner, A & Clarke, T Australian Council of Super Investors 2010, Board Effectiveness & Performance, Melbourne.

Leung, LT & Finney Lamb, C UTS Shopfront 2010, Refugees and Communication Technology, pp. 1-30, Sydney, Australia.

Miller, K, Sood, SC, Kattiyapornpong, U, Woodbridge, M & McDonnell, IG STCRC 2010, GLOBAL TOURISM AND TRAVEL DISTRIBUTION: changes, impacts and opportunity for Australian tourism, pp. 1-128, Gold Coast.
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This study examines distribution changes in global distribution using a range methods and approaches. Firstly distribution structure in tourism is discussed as well as the participants in the tourism network and distribution channel, new participants, changes in technology, likely future trends and impacts of these changes. The future form of distribution is likely to be based on a customer centric business model that relies on, yet transcends technology. Indeed technology, especially a new generation or generations of smart hand held mobile devices can be expected to be so pervasive as to be effectively transparent to users.

Piper, D, Iedema, RA, Merrick, ET & Perrott, B Centre for Health Communication, UTS 2010, Experience-based Co-Design Program 2. Stage 1 Evaluation Report - Final Report to Health Services Performance Improvement Branch, Sydney.

Schlenker, K & Foley, CT UTS 2010, Parkes Elvis Community Survey, Parkes Shire Council, pp. 1-43, Australia.

Schlenker, K, Foley, CT & Edwards, DC UTS 2010, Elvis Visitor Survey, Parkes Shire Council, pp. 1-36, Australia.

Schlenker, K, Foley, CT & Getz, D Sustainable Tourism Cooperative Research Centre 2010, Encore Festival and Event Evaluation Kit: Review and Redevelopment, pp. 1-56, Australia.

Siefken, K, Schofield, G & Schulenkorf, N World Health Organization (Western Pacific Regional Office) 2010, NCD Elimination in Vanuatu, pp. 1-58, Suva, Fiji.
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In November 2010 an NCD assessment team carried out community NCD Mini-STEP screenings to evaluate current NCD projects and to initiate NCD community health awareness in Vanuatu. The respective communities have very limited contact to the Western world, thus there is little external influence on their lifestyle and eating patterns. The NCD Mini STEP screening revealed a very healthy population. In fact, these communities are probably much healthier than their urban counterparts in Lougainville and/or Port Vila. Nevertheless, several chronic patients were identified and are strongly recommended to be consistently monitored and be provided with regular medication (blood pressure, diabetes). The NCD team identified strengths, weaknesses, opportunities and threats of the existing NCD projects on Aniwa and Aneythium. Overall, these NCD projects are unique, highly innovative and sophisticated. For example, monthly NCD community screenings are well organized and other communities (both urban and rural) are advised to adapt these initiatives. Consistent monitoring and provision of medication to current chronic patients is required. Importantly, the involvement of local highlevel decision makers is likely to contribute to positive and sustainable health development.

Bateman, H, Ebling, C, Geweke, J, Louviere, J, Satchell, S & Thorp, S 2010, 'Economic Rationality, Risk Presentation, and Retirement Portfolio Choice'.
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This research studies the propensity of individuals to violate implications of expected utility maximization in allocating retirement savings within a compulsory defined contribution retirement plan. The paper develops the implications and describes the construction and administration of a discrete choice experiment to almost 1200 members of Australia's mandatory retirement savings scheme. The experiment finds overall rates of violation of roughly 25%, and substantial variation in rates, depending on the presentation of investment risk and the characteristics of the participants. Presentations based on frequency of returns below or above a threshold generate more violations than do presentations based on the probability of returns below or above thresholds. Individuals with low numeracy skills, assessed as part of the experiment, are several times more likely to violate implications of the conventional expected utility model than those with high numeracy skills. Older individuals are substantially less likely to violate these restrictions, when risk is presented in terms of event frequency, than are younger individuals. The results pose significant questions for public policy, in particular compulsory defined contribution retirement schemes, where the future welfare of participants in these schemes depends on quantitative decision-making skills that a significant number of them do not possess.

Buhalis, D & Darcy, S 2010, 'Accessible tourism concepts and issues', Channel View Books, Bristol, UK, pp. 1-336.
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This book therefore sets out to explore and document the current theoretical approaches, foundations and issues in the study of accessible tourism.

Clegg, SR 2010, 'A Titular Misnomer and a Degree of Analytic Error', Princeton University Press.
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(hard cover) RRP $45.95.Australian Review of Public Affairs, March, http://www.australianreview.net/

Glover, K, Peskir, G & Samee, F 2010, 'The British Russian Option', Research Paper Series, Quantitative Finance Research Centre, University of Technology, Sydney.
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Following the economic rationale of [10] and [11] we present a new class of lookback options (by first studying the canonical 'Russian' variant) where the holder enjoys the early exercise feature of American options where upon his payoff (deliverable immediately) is the 'best prediction' of the European payoff under the hypothesis that the true drift of the stock price equals a contract drift. Inherent in this is a protection feature which is key to the British Russian option. Should the option holder believe the true drift of the stock price to be unfavourable (based upon the observed price movements) he can substitute the true drift with the contract drift and minimise his losses. The practical implications of this protection feature are most remarkable as not only is the option holder afforded a unique protection against unfavourable stock price movements (covering thea bility to sell in a liquid market completely endogenously) but also when the stock price movements are favourable he will generally receive high returns. We derive a closed form expression for the arbitrage-free price in terms of the rational exercise boundary and show that the rational exercise boundary itself can be characterised as the unique solution to a nonlinear integral equation. Using these results we perform a financial analysis of the British Russian option that leads to the conclusions above and shows that with the contract drift properly selected the British Russian option becomes a very attractive alternative to the classic European/American Russian option.

Goldbaum, D 2010, 'Follow the Leader: Network Simulations Examining Conditions for Emergent Social Hierarchies', UTS F&E Working Paper #155.

Goldbaum, D 2010, 'Follow the leader: Steady state analysis of a dynamic social network'.

Goldbaum, D 2010, 'Learning and adaptation as a source of market failure'.

Goldbaum, D & Panchenko, V 2010, 'Learning and adaptation's impact on emergent market efficiency'.

Henckel, T, Menzies, GD & Zizzo, DJ 2010, 'Inferential Expectations and the Missing Middle of Price Changes', Applied Econometrics and Policy Working Paper, University of East Anglia.
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Working paper number: 8

Absract: Microeconomic evidence suggests price changes are either very small, or large. The theory of inferential expectations predicts this phenomena if agents use a low test size, reflecting a reluctance to change their minds on the basis of evidence.

Johar, M, Jones, G, Keane, M, Savage, E & Stavrunova, O 2010, 'Differences in waiting times for elective admissions in NSW public hospitals: A decomposition analysis by non-clinical factors. CHERE Working Paper 2010/7'.
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In the Australian public health system, access to elective surgery is rationed through provision of health care services, it is generally assumed that a patient?s waiting time and locations. In this paper we undertake Oaxaca-Blinder and DiNardo-Fortin-Lemieux decompostition analyses to attribute variation in waiting time to a component explained by clinical need and to differential treatment effects. The latter have an interpretation as discrimination, since treatments vary by non-clinical factors such as socioeconomic status. Using data from public patients in NSW public hospitals in 2004-2005, we find socioeconomically advantaged patients, patients in remote areas, and patients in several Area Health Services have shorter waiting times than their clinical comparable counterparts. Furthermore, the discrimination effect dominates clinical admission if their treatments are delayed. This finding has policy implications for the current operation of waiting lists and order of admission and for the design of equitable quality targets for public hospitals.

Johar, M, Jones, G, Keane, M, Savage, E & Stavrunova, O 2010, 'The demand for private health insurance: do waiting lists or waiting times matter? CHERE Working Paper 2010/8'.
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Besley, Hall, and Preston (1999) estimated a model of the demand for private health insurance in Britain as a function of regional waiting lists and found that increases in the number of people waiting for more than 12 months (the long-term waiting list) increased the probability of insurance purchase. In the absence of waiting time data, the length of regional long-term waiting lists was used to capture the price-quality trade-off of public treatment. We revisit Besley et al.?s analysis using Australian data and test the use of waiting lists as a proxy for waiting time in models of insurance demand. Unlike Besley et al., we find that the long-term waiting list is not a significant determinant of the demand for insurance. However we find that long waiting times do significantly increase insurance. This suggests that the relationship between waiting times and waiting lists is not as straightforward as is commonly assumed.

Johar, M, Jones, G, Keane, M, Savage, E & Stavrunova, O 2010, 'Waiting times and the decision to buy private health insurance. CHERE Working Paper 2010/9'.
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Over 45% of Australians buy health insurance for private treatment in hospital. This is despite having access to universal and free public hospital treatment. Anecdotal evidence suggests that one possible explanation for the high rate of insurance coverage is to avoid long waiting times for public hospital treatment. In this study, we investigate the effect of expected waiting time on individual decisions to buy private health insurance. Individuals are assumed to form an expectation of their own waiting time as a function of their demographics and health status. We estimate models of expected waiting time using administrative data on the population hospitalised for elective procedures in public hospitals in 2004-05 and use the parameter estimates to impute expected waiting times for individuals in a representative sample of the population. We model the impact of expected waiting time on the decision to purchase private health insurance. In the insurance demand model, cross-sample predictions are adjusted by the individuals? probability of hospital admission. We find that expected waiting time does not increase the probability of buying insurance but a high probability of experiencing a long wait does. Overall we find there is no significant impact of waiting time on insurance purchase. In addition, we find that the inclusion of individual waiting time variables removes the evidence for favourable selection into private insurance, as measured by self-assessed health. This result suggests that a source of the favourable selection by reported health status may be aversion to long waits among healthier people.

Johar, M, Maruyama, S & Nakamura, S 2010, 'Transition to Parent-Child Coresidence: Parental Needs and the Strategic Bequest Motive'.
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The strategic bequest motive implies that children may want to live with their parents and provide care for them with the expectation of inheriting a larger portion of their bequest. This paper examines this hypothesis by focusing on the transition to coresidence by elderly Japanese parents and their children using underutilized Japanese panel data. Unlike previous studies, evidence for the bequest motive is generally tenuous. In addition, our use of a two-component mixture logit model identifies the minority group of families that follows the bequest motive and the majority group that does not.

Keane, M, Savage, EJ, Stavrunova, O & Jones, G 2010, 'Hospital waiting times and the demand for private health insurance'.