Adair, D 2012, 'Le Musée Olympique: Epicentre of Olympic Evangelism' in Murray Phillips (ed), Representing the Sporting Past in Museums and Halls of Fame, Routledge, London, pp. 107-129.
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This chapter evaluates the deployment of museology to inspirit the cause of Olympic values and principles, which in turn underpins the ideology of Olympism and the IOCs imprimatur as both institutional custodian and moral gatekeeper of the Olympic Movement. It analyses how LMO is now a fulcrum through which the ideals of Olympism are trumpeted, and from which the Olympic Games and the Olympic Movement are venerated. In a conceptual sense the chapter explores evangelistic and mythopoeic displays and narratives.
Adelstein, J & Clegg, S 2012, 'Negotiating a knowledge economy: Juggling knowledge, truth and power' in Rooney, D, Hearn, G & Kastelle, T (eds), Handbook on the Knowledge Economy, Volume Two, Edward Elgar Publishing, Cheltenham, UK, pp. 38-53.
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3 Negotiating a knowledge economy: juggling knowledge, truth and power Jennifer Adelstein and Stewart Clegg INTRODUCTION When Peter Drucker (1969, p. 349) identified knowledge as the central component of an innovative economy and society, in many ways he was echoing his fellow Austrian Joseph Schumpeter (1942) in recognizing the power of innovation. It took another 30 years or so for knowledge to be catapulted into a titular role in management. In large part, it was the failure of another project that prepared the path for Knowledge Management (KM). The failed path was Business Process Re-engineering (BPR), and its rethinking of old Tayloristic models unwittingly drove out much tacit knowledge that organizations did not know they had until they lost it. It was in the wake of the widespread failure of BPR projects that concerns with Knowledge with a capital K emerged as mainstream management fare. Knowledge became influential in discourses concerned with first-world social and economic development, such as the `knowledge economy (Adler, 2001; Machlup, 1962 [1980]; Mokyr, 2002), `knowledge society (Drucker, 1993; Hargreaves, 2003), `information economy (Boisot, 1998; Brown and Duguid, 1998; Wolff, 2005) and other similar terms. The rhetoric attached to the concepts of a knowledge economy and knowledge society situated the signifier as the basis of global world order. Knowledge began to influence economics discourses and become a constitutive part of the discourses of globalization (Jessop, 2004; Robertson, 2008). In all dominant discourses, particular truths attain a level of authority and legitimacy that transcends the specificity of...
Agarwal, R, Green, R & Hall, R 2012, 'Management education for organizational and managerial innovation' in Pitsis, T, Dhelin, E & Simpson, A (eds), The Handbook of Organizational and Managerial Innovation, Edward Elgar Publishing, London and New York, pp. 189-216.
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Aguilera, RV, Desender, KA & de Castro, LRK 2012, 'A Bundle Perspective to Comparative Corporate Governance' in Clarke, T & Branson, D (eds), The SAGE Handbook of Corporate Governance, SAGE Publications Ltd, London, UK; Thousand Oaks, CA, pp. 379-405.
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The following URL contains the details of the edited book. http://www.uk.sagepub.com/books/Book230401?siteId=sage-uk&prodTypes=any&q=branson&fs=1#tabview=toc I have received the PDF copy of my chapter from the publisher which I can send.
Ambrose, I, Darcy, S & Buhalis, D 2012, 'Conclusions: Best Accessible Tourism Practice' in Buhalis, D, Darcy, S & Ambrose, I (eds), Best Practice in Accessible Tourism: Inclusion, Disability, Ageing Population and Tourism, Channel View Publications, United Kingdom, pp. 377-380.
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In concluding the book, it is timely to reinforce the themes that have guided the examination of best case accessible tourism practice. They were: (1) Policies and Strategies; (2) Networks and Partnerships; (3) The Accessible Tourism Value Chain; (4) Destination Development; and (5) Accessible Tourism Experiences. While not suggesting a linear progression in the themes, there is no doubt an inherent logic to the way that the themes were sequenced and discussed.
Cameron, B & Darcy, S 2012, 'Wheelchair Travel Guides' in Buhalis, D, Darcy, S & Ambrose, I (eds), Best Practice in Accessible Tourism: Inclusion, Disability, Ageing Population and Tourism, Channel View Publications, United Kingdom, pp. 265-284.
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This chapter is based on a travel guide which was first published in Australia in 1995, Easy Access Australia-- A Travel Guide to Australia (Cameron, 1995, 2000). Easy Access Australia (EM) reflects an individual's need for accessible information during the planning stage and while travelling. The author is a wheelchair user following a swimming accident in 1976. Travelling in Europe, he met one of the Rough Guide's founders and suggested that an access guide to the UK be written. The Rough Guides did not pick up the idea, but EM was born.
Chan, THT & Samali, B 2012, 'Preface' in Benn, S, Dunphy, D & Perrott, B (eds), Cases in Corporate Sustainability & Change: A Multidisciplinary Approach, SAGE Publications, Prahhan, Vic, pp. i-ii.
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Clarke, T 2012, 'Markets, Regulation and Governance: The Causes of the Global Financial Crisis' in Clarke, T & Branson, D (eds), The SAGE Handbook of Corporate Governance, SAGE Publications Ltd, London, pp. 533-555.
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Corporate governance regulation invariably follows the business cycle. In times of crisis and collapse there is public pressure to increase regulation in order to prevent similar problems occurring in future. When the economy is booming, serious consideration of corporate governance regulation is confined to the desks of company secretaries, regulators and interested academics. This is not to say that corporate governance practices are abandoned in good times, only that the status quo is accepted and there is less impetus for review and improvement.
Clarke, T & Branson, D 2012, 'The SAGE Handbook of Corporate Governance' in The SAGE Handbook of Corporate Governance, SAGE, pp. 1-36.
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Comprehensive, authoritative and presented in a highly-accessible framework, this Handbook is a significant resource to those with an interest in understanding this important emerging field.
Clegg, S 2012, 'Transforming Organizations' in Arnaud Sales (ed), Sociology Today: Social Transformations in a GlobalizingWorld, SAGE Publications Ltd, London, pp. 197-212.
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In thi chapter I wilJ fust outline what was for much of the post-war era the dominant conventional approach to thinking about organizations, known as contingency theory. When contingen y theory was first developed in the 1960s, looser organic organizations were a novelty and the donlinant form was that of large mechanistic bUJ'eaucracie . How times change. Today, in U1e We t, bureaucra ies are giving way to new organizational fonns that are much closer to organic organizations. Many organizations today are increasing ly adopting a network form, with many of their inputs and ac tivi tie. hived off to other organizations with which they network. The most radical form of network is a rhizome, a freeflowing system of organic rools preading and colonizing available environments. As older form manufacturing is increasingly shifted to organizations in Asia, the best hope for organ izations and jobs in the West may weU be a network of rhizomalic organizations, focused on design, urrounding the global retailers and brand that disseminate the outsourced cheaply provided goods from Asia.
Clegg, SR 2012, 'The Language of Power and the Power of Language' in Grant, D, Hardy, C & Putnam, L (eds), Organizational Discourse Studies, SAGE Publications Ltd, London, pp. 29-38.
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In this paper earlier research by the author (Clegg 1975) is used as an occasion for reflecting more generally on the adequacy of approaches to the study of language and power in organization analysis. Three approaches, the ethnographic, conversation analysis and a materialist approach, are discussed. The limitations, both in practical and analytic terms, of a language approach to power are drawn from a discussion of the inclemency rule and other data.
Clegg, SR & Gray, J 2012, 'Organization Theory, Power and Changing Institutions' in Boje, DM, Burnes, B & Hassard, J (eds), The Routledge Companion to Organizational Change, Routledge, USA and Canada, pp. 245-260.
Clegg, SR & Pitsis, TS 2012, 'Phronesis, projects and power research' in Flyvbjerg, B, Landman, T & Schram, S (eds), Real Social Science, Cambridge University Press, UK, pp. 66-92.
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Clegg, SR & Rhodes, C 2012, 'Conclusions: Possible ethics and ethical possibilities' in Clegg, S & Rhodes, C (eds), Management Ethics: Contemporary Contexts, Routledge, Abingdon, OX, UK, pp. 172-191.
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ARC Special Projects (ASSA)
Collins, J 2012, 'Integration and Inclusion of Immigrants in Australia' in Frideres, J & Biles, J (eds), International Perspectives: Integration and Inclusion, McGill Queens University Press, Montreal, pp. 17-37.
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The aim of this article is to investigate the extent to which immigrants have been included in, and integrated into, Australian society. This chapter critically evaluates the strengths and weaknesses of Australian multiculturalism from the point of view of Australiaâs immigrants themselves. It first traces the policy responses to immigrant settlement in Australia from assimilation to integration to multiculturalism. This chapter then looks at the (contradictory) evidence across many different objective and subjective dimensions of immigrant social inclusion, social integration and social cohesion in economic, social, political and cultural life in Australia today. Finally this chapter highlights the key stumbling blocks for immigrant settlement in Australia in the coming decades, suggests the key strengths and weaknesses of Australian multiculturalism and raises the possibility of an introducing elements of cosmopolitanism Australian multiculturalism to address these strengths and weaknesses.
Cunha, MPE, Clegg, S & Rego, A 2012, 'Surprising organization' in Pitsis, TS, Simpson, A & Dehlin, E (eds), The Handbook of Managerial and Organizational Innovation, Edward Elgar Publishing, London, pp. 295-316.
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Darcy, S & Ravinder, R 2012, 'Air Travel for People with Disabilities' in Buhalis, D, Darcy, S & Ambrose, I (eds), Best Practice in Accessible Tourism: Inclusion, Disability, Ageing Population and Tourism, Channel View Publications, United Kingdom, pp. 207-221.
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Darcy, S, Cameron, B & Schweinsberg, S 2012, 'Accessible Tourism in Australia' in Buhalis, D, Darcy, S & Ambrose, I (eds), Best Practice in Accessible Tourism: Inclusion, Disability, Ageing Population and Tourism, Channel View Publications, United Kingdom, pp. 79-113.
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Over recent years there has been an increasing body of work on the intersections between disability, ageing and tourism. This research aims to provide a review of the last 30 years of the Australian accessible tourism industry.
Denize, S, Purchase, S & Olaru, D 2012, 'Using Case Data to Ensure ‘Real World’ Input Validation within Fuzzy Set Theory Models' in Fuzzy Methods for Customer Relationship Management and Marketing, IGI Global, pp. 61-89.
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Fuzzy set theory models have considerable potential to address complex marketing and B2B problems, but for this methodology to be accepted, models require validation. However, there is relatively little detail in the literature dealing with validation of fuzzy simulation in marketing. This limitation is compounded by the difficulty of using case-based and qualitative evidence (data to which fuzzy models are well suited) when applying more general validation. The chapter illustrates a fuzzy model validation process using small-N cased based data and concludes with recommendations to assist researchers in validating their fuzzy models.
Dickson, TJ & Darcy, S 2012, 'Australia: The Alpine Accessible Tourism Project and Disabled Winter Sport' in Buhalis, D, Darcy, S & Ambrose, I (eds), Best Practice in Accessible Tourism: Inclusion, Disability, Ageing Population and Tourism, Channel View Publications, United Kingdom, pp. 339-364.
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This chapter provides an examination of the process and outcomes of a project on Alpine Accessible Tourism (MT) conducted in Australia from 2006 to 2008. The project was unique in that it sought to provide a systematic approach to accessible tourism across all alpine areas in Australia. Alpine areas in Australia are found in New South Wales, Victoria and Tasmania, each area having its own state and local government jurisdictions as well as separate protected-area management agencies. The project was theoretically informed through social approaches to disability, the geographies of disability, destination management and the experience economy.
Docherty, P 2012, 'Keynes's general theory, the quantity theory of money and monetary policy' in Thomas Cate (ed), Keynes's General Theory: Seventy-Five Years Later, Edward Elgar Publishing, US, pp. 127-157.
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Thirty-five years after the publication of Keynes's General Theory, Harry Johnson examined what appeared at the time to be the end of the 'Keynesian Revolution'. In that paper, Johnson (1971) examined not only the conditions under which Keynes's General Theory had transformed thinking in the 1930s and 1940s about the operation and management of the macroeconomy, he also considered the conditions under which that transformation was in the process of being superseded.
Dowling, GR & Gardberg, NA 2012, 'Keeping score: the challenges of measuring corporate reputation' in Barnett Michael, L & Pollock Timothy, G (eds), The Oxford Handbook of Corporate Reputation, Oxford University Press, Oxford, UK, pp. 34-68.
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While corporate reputation's (CR) benetlts arc known and lauded, its nat ure as an intangible asset causes its measurement to remain elusive. We describe methodological issues faced by CR researchers, including the thorny issues of construct definition, conceptualization as a formative and/or reflective construct, item breadth, sampling frames, scales' psychometric properties, and their appropriateness for measurement across industry, national, and ownership contexts. We also discuss the appropriateness of various methodologies such as survey, content analysis, and archival data. Vie then review the most visible academic and practitioner quantitative measures of CR from Fortune's 'America's Most Admired Companies' to the Reputation Institute's RepTrak Pulse that have been published by consultants or business media outlets in over fifty countries. Overall, CR measurement has improved, providing better tools for both academic research and practice. We emphasize the need for multiple methodologies to facilitate triangulation, and conclude with suggestions for future operationalizations of corporate reputation.
Dwyer, L 2012, 'Cost-Benefit Analysis' in Handbook of Research Methods in Tourism: Quantitative and Qualitative Approaches, Edward Elgar Publishing, pp. 290-308.
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Dwyer, L 2012, 'Trends underpinning global tourism in the coming decade' in Global Tourism: Third Edition, pp. 529-545.
Dwyer, L & Pham, TD 2012, 'CGE Modeling' in Handbook of Research Methods in Tourism: Quantitative and Qualitative Approaches, Edward Elgar Publishing, pp. 261-289.
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Fleming, PJ 2012, 'The Birth of “Biocracy” and its Discontents at Work' in Reinventing Hierarchy and Bureaucracy From the Bureau to Network Organizations, Emerald Group Publishing.
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From the Bureau to Network Organizations Thomas Diefenbach, Rune Todnem
By. RESEARCH. IN. THE. SOCIOLOGY. OF. ORGANIZATIONS. Series Editor:
Michael Lounsbury Recent Volumes: Volume 15: Deviance in and of
Organizations Volume 16: Networks in and around Organizations Volume 17:
Organizational Politics Volume 18: Social Capital of Organizations Volume 19:
Social Structure and Organizations Revisited Volume 20: The Governance of
Relations in Markets and ...
Jakubowicz, AH, Collins, J & Chafic, WF 2012, 'Young Australian Muslims: Social Ecology and Cultural Capital' in Mansouri, F & Marotta, V (eds), Muslims in the West and the Challenges of Belonging, Melbourne University Press, Melbourne, pp. 34-59.
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Young Australian Muslims are both a growing part of the wider Australian youth population, and a significant and rapidly expanding part of the Muslim population in Australia. Over the past decade or more, especially since the events of 9/11, their presence has increasingly been framed in public discourse as a tension between the âAustralianâ and the âMuslimâ aspects of their identities and attitudes. Australiaâs claim to be a multicultural society has thus been tested at the point that culture, religion and community intersect. This chapter explores this intersection, asking what are the dynamics that influence young Australian Muslims in their identities and their social practices?
Link, S & Prade, H 2012, 'Preface.', pp. 79-81.
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Nikolova, N 2012, 'Innovating through clients' in Reihlen, M & Werr, A (eds), Handbook of Research On Entrepreneurship In Professional Services, Edward Elgar Publishing, Cheltenham, UK, pp. 86-104.
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NA
Nikolova, N & Devinney, T 2012, 'The Nature Of Client–Consultant Interaction: A Critical Review' in Clark, T & Kipping, M (eds), The Oxford Handbook of Management Consulting, Oxford University Press, United Kingdom, pp. 389-409.
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NA
Rhodes, CH 2012, 'The Moral of the Story: Ethics, Narrative and Organizational Change' in Boje, D, Burnes, B & Hassard, J (eds), The Routledge Companion to Organizational Change, Routledge, London, pp. 506-518.
Rhodes, CH & Lilly, S 2012, 'Studying Organizations Through Popular Culture' in Rhodes, C & Lilly, S (eds), Organizations and Popular Culture: Information, Representation and Transformation, Routledge, London, pp. 1-15.
Schlenker, K, Edwards, DC & Wearing, SL 2012, 'Volunteering and events' in Page, S & Connell, J (eds), The Routledge Handbook of Events, Routledge, UK, pp. 316-325.
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An event workforce comprises a range of different types of employees including paid staff, external suppliers, contractors and volunteers. Event organisers depend on volunteers who are recognised as an integral part of the workforce at local, regional, national and international events. This chapter describes how event organisations face a series of unique challenges and additional complexity when they are recruiting, training, managing, rewarding and retaining a volunteer workforce. With events increasingly depending on the volunteer worker, it has become essential to develop mechanisms of management that ensure the provision of a positive and satisfying volunteer experience, and the retention of volunteers.
Schulenkorf, N & Adair, D 2012, 'Sport-for-Development' in Leberman, S, Collins, C & Trenberth, L (eds), Global Sport-for-Development, Palgrave Macmillan, South Melbourne, pp. 284-298.
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Fundamentally, sport development is about providing opportunities for individuals and communities to engage in grassroots physical activities in terms of what can be described as 'the common good'. When appropriately conceived and managed, sport allows participants to optimise their physical fitness levels and has the capacity to provide people of varying ages with valuable social experiences. People who work in sport development, therefore, share a similar goal of motivating individuals to participate in sport for purposes of health promotion and wider social benefit. However, as we will see in this chapter, the purposes, values and desired outcomes of sport development are not static; indeed, the more recent move to sport-for-development indicates a fundamental move away from sport participation as the key objective and towards involvement in sport as a vehicle to achieve desired social outcomes. Indeed, the principle goal of sport-for-development managers today is the deployment of sport and physical activity programs to engage people from varying ethnocultural and socio-economic backgrounds, within which ideals of interpersonal respect, intergroup harmony and community cohesion are crucial.
Schulenkorf, N & Edwards, DC 2012, 'Sport event management: Creating engaging experiences' in Leberman, S, Collins, C & Trenberth, L (eds), Sport Business Management in New Zealand and Australia, Cengage Learning, South Melbourne, pp. 320-332.
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This chapter is concerned with an increasingly popular area of the experience economy, the management of sport events. Sport events represent a temporary drawing together of resources to create a particular experience for participants, spectators and other stakeholders. Depending on the size of the sport event it can take weeks, months or years of preparation to deliver an experience that is over in a matter of hours or days. Sport event management is fundamentally about creating engaging experiences, and leveraging them to achieve lasting benefits for all those involved. Getting the experience right such that participants, spectators and other stakeholders are satisfied is critically important for the future popularity of any sport event. This chapter focuses on examining sport event experiences and investigates the meanings attached to them. It combines the areas of event planning, management and design and uses examples from Australia, New Zealand and international contexts to illustrate the significance of sport events in our society. In particular, the chapter presents an overview of how sport activities can be designed to impact positively on people, so that engaging experiences (Pine and Gilmore, 2011) can be created.
Schweitzer, J & Jakovich, J 2012, 'A Call for a New Pedagogy for Design Thinking Education' in Schweitzer, J & Jakovich, J (eds), Crowd-Share Innovation: Intensive Creative Collaborations, Freerange Press, Melbourne, Australia, pp. 257-259.
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Intensive, Creative Collaborations Edited by Jochen Schweitzer & Joanne JakovichComplex problems cannot be solved around a boardroom table. Crowd-Share Innovation is the emerging technique for introducing mass input into tricky problems in face-to-face creative collaboration workshops. Participants include diverse people from the public, your best team players, and your toughest critics. In order to explore this new innovation terrain, we at the u.lab created `Groundbreaker a series of crowd-share innovation workshops and provocative talks held in July and August 2012 at Object Australian Design Centre in Sydney.Through Groundbreaker we enacted our inclusive human-centred design model to infuse our methods into wider practice. The Groundbreaker series broadened the content developed in this field and identified leading innovators and future makers to encourage a community of practice. We asked how intensive, creative collaborations foster innovation in the complex and networked context of contemporary practice and we adapted our design tools to imagine futures of work and communication technologies.
Schweitzer, J, Edwards, M & Nikolova, N 2012, 'Designing Entrepreneurial Work Environments: Exploring Emergent Design Practices' in Schweitzer, J & Jakovich, J (eds), Crowd-Share Innovation: Intensive Creative Collaborations, Freerange Press, Melbourne, Australia, pp. 260-269.
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In this paper we aim to outline an approach for fostering entrepreneurial creativity by utilizing design-thinking methodology. We explore designing as a practice driven approach to entrepreneurship that involves iteration and play during problem solving, team divergence, a stimulating and porous space, and entrepreneurial creativity that emerges from interpersonal relations within and between teams of entrepreneurs embedded in open networks.
Trede, F & McEwen, C 2012, 'Developing a Critical Professional Identity' in Practice-Based Education, SensePublishers, pp. 27-40.
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-, RA, -, JC, -, RR, -, WS & -, HMS 2012, 'Service-Oriented Architecture as A Driver of Service Innovation in Newly Emerging Service Systems An Exploratory View', International Journal of Information Processing and Management, vol. 3, no. 2, pp. 85-97.
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Innovation in services can be regarded as an inter-play of service concepts, service delivery practices, client interfaces, and service delivery technologies. Furthermore, innovations in services are increasingly brought to the market by networks of firms, selected for their unique capabilities and operated in a coordinated manner, referred to as a service system or service value network (SVN). Bringing such service innovations to market by a network of firms requires extensive coordination and integration of data, information/knowledge and processes, while ensuring strategic alignment of partnering firms. In this research we examine how Service-Oriented Architecture (SOA), and its effect on Information Technology Infrastructure Flexibility (ITIF), may act as a potential enabler for recently identified organizational drivers of services innovation in a service system, namely Collaborative Architecture Management (CAM) and Collaborative Organizational Infrastructure (COI). A preliminary qualitative study of a Telco and its partners in the Middle East validates the dynamic capabilities at play in our proposed research model.
Alexeev, V & Maynard, A 2012, 'Localized level crossing random walk test robust to the presence of structural breaks', COMPUTATIONAL STATISTICS & DATA ANALYSIS, vol. 56, no. 11, pp. 3322-3344.
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Anufriev, M & Bottazzi, G 2012, 'Asset Pricing with Heterogeneous Investment Horizons', STUDIES IN NONLINEAR DYNAMICS AND ECONOMETRICS, vol. 16, no. 4, pp. 1-36.
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We consider an analytically tractable asset pricing model describing the trading activity in a stylized market with two assets. Traders are boundedly rational expected utility maximizers with different beliefs about future prices and different investment horizons. In particular, we analyze the effects of the latter source of heterogeneity on the dynamics of price. We find that in the case with homogeneous agents, longer investment horizons lead to more stable dynamics. This is not true, however, in the case of a mixed population of traders, when the increase of heterogeneity in the investment horizons can introduce instability in the system. Furthermore, the role of heterogeneity turns out to be different for different trading behaviors and its effect on the aggregate dynamics depends on the whole ecology of agents' beliefs.
Anufriev, M & Hommes, C 2012, 'Evolution of market heuristics', KNOWLEDGE ENGINEERING REVIEW, vol. 27, no. 2, pp. 255-271.
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The time evolution of aggregate economic variables, such as stock prices, is affected by market expectations of individual investors. Neoclassical economic theory assumes that individuals form expectations rationally, thus forcing prices to track economic fundamentals and leading to an efficient allocation of resources. However, laboratory experiments with human subjects have shown that individuals do not behave fully rationally but instead follow simple heuristics. In laboratory markets, prices may show persistent deviations from fundamentals similar to the large swings observed in real stock prices. Here we show that evolutionary selection among simple forecasting heuristics can explain coordination of individual behavior, leading to three different aggregate outcomes observed in recent laboratory market-forecasting experiments: slow monotonic price convergence, oscillatory dampened price fluctuations, and persistent price oscillations. In our model, forecasting strategies are selected every period from a small population of plausible heuristics, such as adaptive expectations and trend-following rules. Individuals adapt their strategies over time, based on the relative forecasting performance of the heuristics. As a result, the evolutionary switching mechanism exhibits path dependence and matches individual forecasting behavior as well as aggregate market outcomes in the experiments. Our results are in line with recent work on agent-based models of interaction and contribute to a behavioral explanation of universal features of financial markets.
Anufriev, M & Hommes, C 2012, 'Evolutionary Selection of Individual Expectations and Aggregate Outcomes in Asset Pricing Experiments', AMERICAN ECONOMIC JOURNAL-MICROECONOMICS, vol. 4, no. 4, pp. 35-64.
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In recent "learning to forecast" experiments (Hommes et al. 2005), three different patterns in aggregate price behavior have been observed: slow monotonic convergence, permanent oscillations, and dampened fluctuations. We show that a simple model of individual learning can explain these different aggregate outcomes within the same experimental setting. The key idea is evolutionary selection among heterogeneous expectation rules, driven by their relative performance. The out-of-sample predictive power of our switching model is higher compared to the rational or other homogeneous expectations benchmarks. Our results show that heterogeneity in expectations is crucial to describe individual forecasting and aggregate price behavior. (JEL C53, C91, D83, D84, G12)
Anufriev, M, Bottazzi, G, Marsili, M & Pin, P 2012, 'Excess covariance and dynamic instability in a multi-asset model', JOURNAL OF ECONOMIC DYNAMICS & CONTROL, vol. 36, no. 8, pp. 1142-1161.
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The presence of excess covariance in financial price returns is an accepted empirical fact: the price dynamics of financial assets tend to be more correlated than their fundamentals would justify. We advance an explanation of this fact based on an intertemporal equilibrium multi-assets model of financial markets with an explicit and endogenous price dynamics. The market is driven by an exogenous stochastic process of dividend yields paid by the assets that we identify as market fundamentals. The model is rather flexible and allows for the coexistence of different trading strategies. The evolution of assets price and traders' wealth is described by a high-dimensional stochastic dynamical system. We identify the equilibria of the model consistent with a baseline assumption of procedural rationality. We show that these equilibria are characterized by excess covariance in prices with respect to the dividend process. Moreover, we show that in equilibrium there is a positive expected marginal profit in choosing more risky portfolios. As a consequence, the evolutionary pressure generates a trend towards more remunerative strategies, which, in turn, increase the variance of prices and the dynamic instability of the system.
Bachman, JR 2012, 'Music Festivals and Regional Development in Australia', Event Management, vol. 16, no. 3, pp. 267-268.
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The article sets a context of the United Nations (2006) Convention for the Rights of Persons with Disabilities as an international agreement that in principle guarantees people with disability an equality of experience in all areas of citizenship including the event industry. The remainder of the article provides an understanding of the demographics of the group, the research literature in event specific journals, market arguments examples, and an overview of disability-specific events that the industry may not have previously considered. The article concludes with a call for the events industry to develop a culture of inclusive practice and for academic event researchers to place disability, access, and inclusion on the research agenda.
Baddeley, M & Parkinson, S 2012, 'Group decision-making: An economic analysis of social influence and individual difference in experimental juries', The Journal of Socio-Economics, vol. 41, no. 5, pp. 558-573.
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Bairstow, N & Young, L 2012, 'How channels evolve: A historical explanation', Industrial Marketing Management, vol. 41, no. 3, pp. 385-393.
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This paper addresses the nature and drivers of channel evolution. The evolution of the Australian IT industry is investigated using historical methods. Identification of channel issues and descriptions of its evolution are drawn from trade publications,
Bardon, T, Clegg, S & Josserand, E 2012, 'Exploring identity construction from a critical management perspective: a research agenda', M@n@gement, vol. 15, no. 4, pp. 350-366.
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In contemporary western society, questions of identity concerning 'who am I?' and 'how should I act?' (Alvesson, 2000: 1105) are now a central concern in people's lives. Indeed, the western, liquidly modern context (Bauman 2000; 2001; 2003; 2005; Bauman & Haugaard 2008; Bauman & Tester 2001) is characterized, precisely, by absences: the loss of traditional sources of authority, such as family, union, or religion, foundations that used to provide individuals with a collective sense of belonging around commonly taken-for-granted bases of identification (Collinson, 2003). The absent spaces are now occupied by a multitude of ephemeral bases of identification that blur old dualisms such as capital and labour, man and woman, married or single. Culturally tribal fashionable codes of speaking, dressing, playing, and so forth, mostly grounded in consumption rather than production, increasingly provide experiences of belonging. In such a fragmented context, constructing a distinctive identity becomes a constantly shifting project (Knights & Willmott, 1989; Giddens, 1991; McAdams, 1996). Consequently, individuals tend now to problematize identity through projects of the self more likely undertaken at an individual or group level rather than as a part of an organized collective process that is automatically reproduced. Slowly, management research has been coming to terms with liquid modernity (Clegg and Baumeler, 2010). Critical post-structuralist perspectives are among the several approaches that are engaged in this process, and provide insight into the question of identity. The goal of this Unplugged is thus to provide our views about the past, present and future of studies about identity from a critical post-structuralist perspective.
Bateman, H, Eckert, C, Geweke, J, Louviere, J, Thorp, S & Satchell, S 2012, 'Financial Competence and Expectations Formation: Evidence from Australia', ECONOMIC RECORD, vol. 88, no. 280, pp. 39-63.
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We study the financial competence of Australian retirement savers using self-assessed and quantified measures. Responses to financial literacy questions show large variation and compare poorly with some international surveys. Basic and sophisticated financial literacy vary significantly with most demographics, self-assessed financial competence, income, superannuation accumulation and net worth. General numeracy scores are largely constant across gender, age, higher education and income. Financial competence also significantly affects expectations of stock market performance. Using a discrete choice model, we show that individuals with a higher understanding of risk, diversification and financial assets are more likely to assign a probability to future financial crises rather than expressing uncertainty.
Baur, DG & Glover, KJ 2012, 'The Destruction of a Safe Haven Asset?', Applied Finance Letters, vol. 1, no. 1, pp. 8-15.
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Gold has been a store of value for centuries and a safe haven for investors in the past decades. However, the increased investment in gold for speculative or hedging purposes has changed the safe haven property. We demonstrate theoretically and empirically that investor behaviour has the potential to destroy the safe haven property of gold. The results suggest that an asset cannot be both an investment asset and an effective safe haven asset. This finding has important implications for financial stability since assets are more likely to exhibit excess comovement and volatility in the absence of a safe haven.
Beck, MJ, Rose, JM & Hensher, DA 2012, 'The accuracy of proxy responses in a stated choice setting: A re-examination and some controversial conclusions', TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE, vol. 46, no. 1, pp. 226-239.
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Beirman, D 2012, 'Making it Safe: Tourism After Japan's Earthquake', The Conversation, vol. 1, no. 18 April 2012, pp. 1-1.
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This article is based on first hand observation of Japan's post March 2011 earthquake and tsunami recovery activities in the tourism industry. It focusses on the role of the Prefectural government of Okinawa's program to position Okinawa as the world's safest tourist destination.
Bhattacharjee, B, Azeem, A, Ali, SM & Paul, SK 2012, 'Development of a CNC interpolation scheme for CNC controller based on Runge-Kutta method', International Journal of Computer Aided Engineering and Technology, vol. 4, no. 5, pp. 445-445.
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The parametric interpolators of modern CNC machines use Taylor's series approximation to generate successive parameter values for the calculation of x, y, z coordinates of tool positions. In order to achieve greater accuracy, higher order derivatives are required at every sampling period which complicates the calculation for contours represented by NURBS curve. In addition, this method calculates the chordal error in a given segment through estimation of the curvature neglecting a fraction of the error. In order to avoid calculating higher derivatives and make the calculations simpler, this paper proposes the classical fourth-order Runge-Kutta (RK) method for the determination of successive tool positions requiring the calculation of the first derivatives only. Furthermore, a method of estimating the chordal error on the average value of parameters at the end points of a given curve segment is proposed here that does not require the calculation of curvature at every segment. Finally, a variable feedrate interpolation scheme is designed combining the RK method of parameter calculation and the proposed method of chordal error calculation. Results show that reduced chordal error and feedrate fluctuations are achievable with the proposed interpolator compared to the conventional interpolator based on Taylor's approximation with higher order terms. Copyright © 2012 INDerscience Enterprises Ltd.
Bird, R & Yeung, D 2012, 'How do investors react under uncertainty?', Pacific-Basin Finance Journal, vol. 20, no. 2, pp. 310-327.
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It has long been accepted that risk plays an important role in determining valuation where risk reflects that investors are unsure of future returns but are able to express their prior expectations by a probability distribution of these returns. Knight (1921) introduced the concept of uncertainty where investors possess incomplete knowledge about this distribution and so are unable to formulate priors over all possible outcomes. One common approach for making uncertainty tractable is to assume that investors faced with uncertainty will base their decisions on the worst case scenario (i.e. follow maxmin expected utility). As a consequence it is postulated that investors will become more pessimistic as uncertainty increases, upgrading bad news and downgrading good news. Using Australian data, we find evidence that investors react to bad news at times of high market uncertainty but largely ignore good news which is consistent with them taking on a pessimistic bias. However, we also find evidence of the reverse when market uncertainty is low with investors taking on an optimistic stance by ignoring bad news but reacting to good news. We also find that the impact that market uncertainty has on the reaction of investors to new information is modified by the prevailing market sentiment at the time of the announcement. Besides throwing light on the question of how uncertainty impacts on investor behaviour, our findings seriously challenge the common assumption made that investors consistently deal with uncertainty by applying maxmin expected utility.
Bisen, A, Dalton, B & Wilson, R 2012, 'The Social Construction of the Microfinance Industry: a comparison of donor and recipient perspectives', Cosmopolitan Civil Societies: An Interdisciplinary Journal, vol. 4, no. 2, pp. 62-83.
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Microfinance has been one of the fastest growing “industries” of the new millennium, with the sector now containing over 10,000 microfinance institutions (MFIs) worth an estimated USD with over $60 billion in assets (Microfinance Information Exchange 2011). This expansion has stimulated interest from both scholars and the mainstream media. There is a growing volume of academic research which broadly centres on two approaches: an “institutionalist perspective” that highlights microfinance as an innovation in applying market solutions to social problems; and the other approach, often described as welfarist, that questions the capacity of an increasingly commericalised sector to realize a mission of poverty reduction. But do these themes and concerns permeate academic boundaries? Specifically, does media coverage in key donor and recipient countries confirm or challenge or even engage with these debates? To date much of this academic literature has overlooked how “microfinance” has been socially constructed in the public sphere through the mass media. Through its interpretation of events, the media can influence the way an issue is discussed and evaluated and in this way influence individual perceptions (Gamson 1988). In this article we present an analysis of recent media coverage of microfinance in one key donor country, the United States and one major recipient country, India. By conducting a media content analysis of 100 newspaper articles (sorted by level of relevance) that appeared in the top 10 highest circulating English language newspapers in India and the US over a 12 month period January-December 2008 we discuss how media coverage in these two countries differed in significant ways. The Indian media sample tended to focus on operational issues and report on specific business activity within the microfinance industry, in general treating it as a ‘regular’ part of the financial and banking system. While the US media sample made broader generalization...
Bond, D, Bugeja, M & Czernkowski, R 2012, 'Did Australian Firms Choose to Switch to Reporting Operating Cash Flows Using the Indirect Method?', AUSTRALIAN ACCOUNTING REVIEW, vol. 22, no. 1, pp. 18-24.
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In 2007 Australian accounting standards were amended to allow a choice of presenting operating cash flows using either the direct or indirect method. This study investigates the number of ASX-listed entities that switched to the indirect format. Our results indicate that between 2007 and 2009 nine companies changed their reporting format. The firms adopting the indirect method have similar leverage, liquidity and performance to industry and size-matched controls. Given that previous research indicates that the direct method provides superior information for predicting cash flows and performance, our results will be welcomed by financial statement users and the Australian Accounting Standards Board.
Bond, D, Czernkowski, R & Wells, P 2012, 'A team‐teaching based approach to engage students', Accounting Research Journal, vol. 25, no. 2, pp. 87-99.
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PurposeThe purpose of this paper is to describe the process of renewal undertaken in a large undergraduate financial reporting subject.Design/methodology/approachThe approach taken in the subject is one in which student engagement is critical. Selected quantitative and qualitative data from university course and student feedback surveys were used to assess the effectiveness of the renewal process.FindingsThe renewal process led to increased student engagement, and influenced student learning by demonstrating the relevance of financial reporting regulation. Feedback was also positive in relation to the level of resources, especially technological, provided in the subject.Originality/valueEngaging with students is a critical task in any subject, but especially in a technical accounting subject, as students may not necessarily see the value in the content. This article reveals possibilities for academics to engage with their students and for their students to engage with the subject material.
Bugeja, M & Sinelnikov, K 2012, 'Public versus private takeovers of Australian stock exchange listed targets', AUSTRALIAN JOURNAL OF MANAGEMENT, vol. 37, no. 3, pp. 391-414.
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In this study we investigate the association between bidding firm listing status and the abnormal returns and characteristics of target firms, in the context of Australian takeovers. Similar to the US, target abnormal returns are significantly lower in private bids. However, this difference is only significant when comparing public bidders with private non-operating bidders suggesting the results are driven by a lack of operating synergy available to non-operating bidders rather than public bidder agency problems. We also study how target firm characteristics differ between public and private bidders. The results indicate that different private bidders have alternative motivations for making an acquisition. Private equity targets have a less independent board than targets of public bidders and are more undervalued. In comparison, targets of private bidders without existing business activities are smaller, have higher management ownership, lower growth and lower cash flows than targets of public bidders.
Bugeja, M, Matolcsy, ZP & Spiropoulos, H 2012, 'Is there a gender gap in CEO compensation?', JOURNAL OF CORPORATE FINANCE, vol. 18, no. 4, pp. 849-859.
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The gender pay gap generates significant political and social debate. This study contributes to this discussion by examining if a gender pay gap exists at the highest level of corporate management, the CEOs. While previous studies have documented a gender pay gap for most levels of executives the findings with respect to CEOs are conflicting. In this paper we focus only on CEO's as it is the most homogenous of executive roles and does not require us to assume that executives with similar titles undertake identical roles. Our evidence is based on 291 US firm-years for the period of 1998-2010. We do not find any association between CEO pay and gender using both the total sample and a sample matched using propensity scores to control for firm characteristics. These insignificant results hold for total pay, salary and bonuses, and for different matching procedures and econometric specifications. Our results therefore indicate that women who rise through the "glass ceiling" to the level of CEO are remunerated at similar levels to their male counterparts.
Bugeja, M, Rosa, RDS, Duong, L & Izan, HY 2012, 'CEO Compensation from M&As in Australia', JOURNAL OF BUSINESS FINANCE & ACCOUNTING, vol. 39, no. 9-10, pp. 1298-1329.
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We investigate Australian CEO compensation following mergers and acquisitions (M&As). We find CEOs of acquiring firms receive higher compensation in the year of M&A completion and one year after. We also find a positive correlation between CEO compensation and firm performance, and some measures of CEO effort and skill in completing the deal. However, CEOs of bidding firms receive a lower bonus and other compensation if they wield more managerial power (that is, if the CEO sits on the nominating committee, has a higher level of share ownership, or the board has more executive directors). This result is in sharp contrast to the US where compensation is influenced by CEO power. Overall our findings are more consistent with the predictions of the incentive alignment theory rather than the managerial power theory
Buscha, F, Maurel, A, Page, L & Speckesser, S 2012, 'The Effect of Employment while in High School on Educational Attainment: A Conditional Difference-in-Differences Approach*', Oxford Bulletin of Economics and Statistics, vol. 74, no. 3, pp. 380-396.
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Butcher, J, Casey, J & Dalton, B 2012, 'An Australian National Compact - Something old, something new?', Nonprofit Policy Forum, vol. 3, no. 2.
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AbstractThe Australian Labor Party (ALP) formed government under Prime Minister Kevin Rudd in 2007 promising to consult with the not-for-profit sector on the development of a national compact. It was the government’s aim to forge a new settlement with the sector after eleven years of Liberal/National Coalition government during which contractual governance rather than relational governance was the norm. The provenance of the National Compact, launched in March 2010, can be traced back to similar framework documents for inter-sectoral cooperation in the United Kingdom (principally, The Compact) and Canada (the Accord). The National Compact) cannot be explained solely in terms of policy diffusion or the predilection of centre-right political parties for policy instruments of this sort. Rather, explanation requires a more nuanced contextual analysis of the political and policy environment within which these frameworks emerged. In this article we compare the range of factors contributing to the development of The Compact (UK), the Accord) (Canada) and the National Compact (Australia). We apply a similar analysis to policy frameworks in selected Australian states. We conclude that compacts arrive on the policy agenda via the opening of policy windows and through the actions of policy entrepreneurs. Policy windows and the attention of policy entrepreneurs might be both contextual and therefore, time-limited. We consider the range of factors that appear to have a bearing on the impact and durability of inter-sectoral policy frameworks in each jurisdiction in order to draw tentative conclusions about the prospects for the Australian National Compact.
Carrillat, FA & d'Astous, A 2012, 'The sponsorship‐advertising interface: is less better for sponsors?', European Journal of Marketing, vol. 46, no. 3/4, pp. 562-574.
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PurposeThe objective of this article is to explore the general idea that there is a limit to the extent to which consumers make goodwill assumptions when sponsorship is used in combination with advertising.Design/methodology/approachAn experiment was conducted where the number of different sponsorship activities by the same sponsor (i.e. one or two) in a sport event was varied in the context of an ongoing advertising campaign.FindingsThe results show that when brand advertising is used during a sport event, it is more beneficial for the brand to either be the official sponsor of the event or to be the official provider of products that are integrated in the event than to apply these two sponsorship strategies at the same time.Research limitations/implicationsFuture studies should be conducted with representative samples of consumers and a larger array of sponsored entities such as different sports events, art events, athletes, and cultural organizations. In addition, these studies should incorporate the measurement of consumers' inferences during exposure to marketing communication stimuli.Originality/valueThe study is the first to explore the sponsorship‐advertising interface in order to provide insights on the conditions under which the combination of these two forms of marketing communication will lead to optimal benefits in terms of brand equity.
Cason, TN, Sheremeta, RM & Zhang, J 2012, 'Communication and efficiency in competitive coordination games', Games and Economic Behavior, vol. 76, no. 1, pp. 26-43.
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Chau, VS, Thomas, H, Clegg, S & Leung, ASM 2012, 'Managing Performance in Global Crisis', British Journal of Management, vol. 23, pp. S1-S5.
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Chiarella, C & Di Guilmi, C 2012, 'The Fiscal Cost of Financial Instability', STUDIES IN NONLINEAR DYNAMICS AND ECONOMETRICS, vol. 16, no. 4, pp. 1-27.
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This paper presents an agent based model that investigates the possible outcomes of different fiscal and regulatory policies in a financially fragile economy. We analyse the consequences of the attempt by the government to counteract a downturn when it ignores the debt dynamics as modelled by Fisher and Minsky. In particular, we formulate an educated guess about the burden that the government and the taxpayer must bear when a bubble bursts, and its relationship with the extent of government intervention and the taxation system. We also evaluate the outcomes of possible alternatives or complementary regulatory policies. We model four different scenarios treating separately a tax on profits and a tax on private wealth and, for both of them, we specify two cases depending on whether the financial system is able to autonomously generate liquidity. Therefore, we can assess the effect of endogenous money and endogenous credit on the different stabilization policies.
Clegg, S, e Cunha, MP & Rego, A 2012, 'The Theory and Practice of Utopia in a Total Institution: The Pineapple Panopticon', Organization Studies, vol. 33, no. 12, pp. 1735-1757.
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Genocide has been a constant presence in the history of humanity throughout the ages. Recently, calls to study the organization of genocide and genocidal organizations have been increasing. In this paper we study the functioning of the S-21 extermination camp, an instrument of Ângkar, ‘The Organization’, which imposed genocide on the Cambodian people in the 1970s. We analyse the conditions that enable the organization of genocide, showing that three pillars seem to play essential roles: a utopian vision; support of this vision by total institutional spaces, and the control commitments of the people caught in the utopian vortex. Genocide appears as a potential outcome of the particular type of organization combining these three processes.
Clinch, G, Fuller, D, Govendir, B & Wells, P 2012, 'The accrual anomaly: Australian evidence', ACCOUNTING AND FINANCE, vol. 52, no. 2, pp. 377-394.
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This paper investigates whether there is evidence of the accrual anomaly (Sloan, 1996) in Australia, whereby investors overestimate the impact of accruals on the persistence of earnings. While our results provide general support for the existence of the anomaly in Australia, there are a number of idiosyncrasies. First, there is evidence of Australian investors underestimating the persistence of earnings. Second, there is evidence of investors incorrectly assessing the implications of accruals and cash flows for the persistence of earnings (i.e. an accrual anomaly and a cash-flow anomaly). Third, returns to a hedged portfolio trading strategy based on reported accruals are decreasing over the three-year period subsequent to portfolio formation. Furthermore, they are statistically significant only in the first year. Additional analysis of the hedge portfolio results indicates that these results are primarily attributable to a limited number of firm-year observations in the extreme positive tail of returns.
Cohen, A, Brown, B & Peachey, JW 2012, 'The intersection of pop culture and non-traditional sports: an examination of the niche market of quidditch', International Journal of Sport Management and Marketing, vol. 12, no. 3/4, pp. 180-180.
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The real sport of quidditch was recently adapted from the fictional sport of the same namesake in the Harry Potter (HP) franchise. Quidditch is played at hundreds of locations across the USA and around the world. Considering the lack of marketing research on non-traditional, co-ed sports and the innovative nature of quidditch, the purpose of this research was to conduct a qualitative, grounded theory study (Strauss and Corbin, 1990) on the athletes and determine how involvement and identification is associated with these individuals becoming a viable niche market within the sports industry. Five factors led towards a desire to partake in quidditch and become involved and identified with the sport: identification with Harry Potter, camaraderie and friendship, desire to have fun, desire to try something new, and desire to get in shape. Copyright © 2012 Inderscience Enterprises Ltd.
Collins, AT, Rose, JM & Hess, S 2012, 'Interactive stated choice surveys: a study of air travel behaviour', TRANSPORTATION, vol. 39, no. 1, pp. 55-79.
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Comerton-Forde, C & Putniņš, TJ 2012, 'Stock Price Manipulation: Prevalence and Determinants', Review of Finance, vol. 18, no. 1, pp. 23-66.
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We empirically analyze the prevalence and economic underpinnings of closing price manipulation and its detection. We estimate that ~1% of closing prices are manipulated, of which only a small fraction is detected and prosecuted. We find that stocks with high levels of information asymmetry and mid to low levels of liquidity are most likely to be manipulated. A significant proportion of manipulation occurs on month/quarter-end days. Manipulation on these days is more likely in stocks with high levels of institutional ownership. Government regulatory budget has a strong effect on both manipulation and detection.
Cooper, B, Rose, JM & Crase, L 2012, 'Does Anybody Like Water Restrictions? Some Observations in Australian Urban Communities', Australian Journal of Agricultural and Resource Economics, vol. 56, no. 1, pp. 61-81.
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Courpasson, D, Dany, F & Clegg, S 2012, 'Resisters at Work: Generating Productive Resistance in the Workplace', Organization Science, vol. 23, no. 3, pp. 801-819.
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Research has recognized the transformative dimension of resistance in the workplace. Yet resistance is still seen as an adversarial and antagonistic process that management can accept or reject; thus, understanding how resistance can actually influence workplace change remains a challenge for research. In this paper, we offer an analysis of two situations of resistance wherein resisters, organized in temporary enclaves, are able to influence top management's decisions and produce eventual change. Whether or not resistance becomes productive depends on the skillful work of resisters and the creation of powerful “objects of resistance” that enable resisters to modify temporarily the power configuration of a situation and oblige top management to listen to their claims and accommodate to the new configuration. This paper shows that resistance can be better explained by what resisters do to achieve their ends rather than by seeing resistance as a fixed opposition between irreconcilable adversaries.
Cunha, MPE, Clegg, S, Rego, A & Lancione, M 2012, 'The organization (Ângkar) as a state of exception: the case of the S-21 extermination camp, Phnom Penh', Journal of Political Power, vol. 5, no. 2, pp. 279-299.
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Organization theory, Clegg pointed out, has failed to address the role of organizations in some of the crimes of/against humanity, suggesting that more attention should be given to the case of total institutions. With this paper we respond to Cleggs invitation and study the S-21 extermination camp, in Phnom Penh, Cambodia. We do so by engaging with the work of the Italian philosopher Giorgio Agamben, with the aim of investigating the organizational patterns that constitute the camp as a `State of Exception. Doing so shows us how organizations can become malign forces for evil. We explore the implications of this case for more general `Kafkaesque organization, that sometimes reproduce, in more benign forms, many of the practices found at S-21
Cunha, MPE, Clegg, SR & Kamoche, K 2012, 'Improvisation as “real time foresight”', Futures, vol. 44, no. 3, pp. 265-272.
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Darcy, S 2012, '(Dis)Embodied Air Travel Experiences: Disability, Discrimination and the Affect of a Discontinuous Air Travel Chain', Journal of Hospitality and Tourism Management, vol. 19, no. 1, pp. 91-101.
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This article presents an investigation of the embodied air travel experiences of people with disability. The study was informed by human rights frameworks, social approaches to disability and critical tourism. The research design included a review of newspaper articles, human rights complaint cases, open-ended responses to a survey on the tourism experiences of people with disabilities and semistructured in-depth interviews. The findings revealed that the air travel practices routinely contravened disability discrimination legislation and identified a series of socially constructed constraints across the air travel chain from the preplanning of trips through to disembarking after a flight.What emerged from these experiences was that the embodied individuals became (dis)embodied at each stage of the air travel chain. The inequitable, inaccessible, undignified and dependent practices resulted in heightened anxiety, increased helplessness and, in some cases, humiliation to which they were not subjected in their everyday lives.
Dardanoni, V, Fiorini, M & Forcina, A 2012, 'Stochastic monotonicity in intergenerational mobility tables', Journal of Applied Econometrics, vol. 27, no. 1, pp. 85-107.
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The aim of this paper is to test for stochastic monotonicity in intergenerational socio-economic mobility tables. In other words, we question whether having a parent from a high socio-economic status is never worse than having one with a lower status. Using existing inferential procedures for testing unconditional stochastic monotonicity, we first test a set of 149 intergenerational mobility tables in 35 different countries and find that monotonicity cannot be rejected in hardly any table. In addition, we propose new testing procedures for testing conditional stochastic monotonicity and investigate whether monotonicity still holds after conditioning on a number of covariates such as education, cognitive and non-cognitive skills. Based on the NCDS cohort data from the UK, our results provide evidence that monotonicity holds, even conditionally. Moreover, we do not find large differences in our results when comparing social class and wage class mobility.
Day, B, Bateman, IJ, Carson, RT, Dupont, D, Louviere, JJ, Morimoto, S, Scarpa, R & Wang, P 2012, 'Ordering effects and choice set awareness in repeat-response stated preference studies', JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, vol. 63, no. 1, pp. 73-91.
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We present an experiment designed to investigate the presence and nature of ordering effects within repeat-response stated preference (SP) studies. Our experiment takes the form of a large sample, full-factorial, discrete choice SP exercise investigating preferences for tap water quality improvements. Our study simultaneously investigates a variety of different forms of position-dependent and precedent-dependent ordering effect in preferences for attributes and options and in response randomness. We also examine whether advanced disclosure of the choice tasks impacts on the probability of exhibiting ordering effects of those different types. We analyze our data both nonparametrically and parametrically and find robust evidence for ordering effects. We also find that the patterns of order effect in respondents preferences are significantly changed but not eradicated by the advanced disclosure of choice tasks a finding that offers insights into the choice behaviors underpinning order effects.
dela Rama, M 2012, 'Corporate Governance and Corruption: Ethical Dilemmas of Asian Business Groups', JOURNAL OF BUSINESS ETHICS, vol. 109, no. 4, pp. 501-519.
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This study looks at how the corporate governance of family-owned business groups, the most dominant form of private sector organising in Asia, deals with different forms of corruption during the course of common business transactions. As a part of an ethnographic study conducted in 2007 to look at the impact of corporate governance reforms in the Philippines, one of the emergent themes from the study was the presence of significant corruption in the business environment of the country. A total of 40 semi-structured interviews were conducted with board members from business groups and senior public sector officials supplemented by document analysis of media articles and other text and participant observation. Using Rose-Ackermans typology of petty and grand corruption, results show the dilemmas faced when trying to operate within the precepts of corporate governance whilst dealing with the practical reality of corruption in public sector institutions. The results of the study provide empirical evidence into corruptions impact on Asian business groups and contribute to knowledge on the links between strong institutions and the efficacy of corporate governance.
Delavande, A & Kohler, H-P 2012, 'The Impact of HIV Testing on Subjective Expectations and Risky Behavior in Malawi', Demography, vol. 49, no. 3, pp. 1011-1036.
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Abstract
We investigate the causal impact of learning HIV status on HIV/AIDS-related expectations and sexual behavior in the medium run. Our analyses document several unexpected results about the effect of learning one’s own, or one’s spouse’s, HIV status. For example, receiving an HIV-negative test result implies higher subjective expectations about being HIV-positive after two years, and individuals tend to have larger prediction errors about their HIV status after learning their HIV status. If individuals in HIV-negative couples also learn the status of their spouse, these effects disappear. In terms of behavioral outcomes, our analyses document that HIV-positive individuals who learned their status reported having fewer partners and using condoms more often than those who did not learn their status. Among married respondents in HIV-negative couples, learning only one’s own status increases risky behavior, while learning both statuses decreases risky behavior. In addition, individuals in sero-discordant couples who learned both statuses are more likely to report some condom use. Overall, our analyses suggest that ensuring that each spouse learns the HIV status of the other, either through couple’s testing or through spousal communication, may be beneficial in high-prevalence environments.
Delavande, A & Manski, CF 2012, 'Candidate preferences and expectations of election outcomes', Proceedings of the National Academy of Sciences, vol. 109, no. 10, pp. 3711-3715.
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Analysis of data from the American Life Panel shows that in the presidential election of 2008 and in multiple statewide elections in 2010, citizens exhibited large differences in their expectations of election outcomes. Expectations were strongly positively associated with candidate preferences, persons tending to believe that their preferred candidate is more likely to win the election. Committed supporters of opposing candidates regularly differed by 20–30% in their assessments of the likelihood that each candidate would win. These findings contribute evidence on the false consensus effect, the empirical regularity that own preferences tend to be positively associated with perceptions of social preferences. We used unique measures of preferences and perceptions that enabled respondents to express uncertainty flexibly. We studied a setting that would a priori seem inhospitable to false consensus—one where persons have little private information on social preferences but substantial common knowledge provided by media reports of election polls.
Deroy, X & Clegg, S 2012, 'Contesting the Champs-Elysées', Journal of Change Management, vol. 12, no. 3, pp. 355-373.
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World-renowned urban places struggle to retain the qualities that made them famous as the fabric of the city changes. Often their specific charms and qualities, indeed, their identity, are threatened by organization changes in the urban environment. This article shows how the `Champs-Elysées is fragmenting into anonymous subspaces that raise the risk of it becoming a non-place. We show the role of a specific institutional influence, the Comité des Champs-Elysées, which seeks to preserve the site despite the heterogeneity of its members. Two strategies emerge from their actions: deceleration of the flows of people is sought to slow and channel people on the Avenue within a modernized iconic space, while the constitution of events seeks to combine different sights and make them coexist together as a mosaic of experiences. The article concludes by showing the limits of influence of regulation that leaves the future of the space undetermined.
Docherty, P 2012, 'Long period interest rate rules in a demand-led Kaldor-Pasinetti-Sraffa-Keynes growth model', Journal of Post Keynesian Economics, vol. 34, no. 3, pp. 521-546.
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This paper uses a detailed macroeconomic model characterized by demand-led growth, Sraffian pricing, and the Kaldor-Pasinetti analysis of income distribution at the macrolevel to develop a framework for evaluation of the long-term implications of monetary policy. Focus is placed on the development of interest rate rules that ensure balanced long-run growth with either stable observable unemployment or zero or low underlying unemployment, and comparison is made between these rules and other Post Keynesian policy rules. Strong support is provided for the effectiveness of the Smithin rule, which fixes the real rate of interest although an alternative rationale for this rule is provided.
Dowling, G & Moran, P 2012, 'Corporate Reputations: Built in or Bolted on?', California Management Review, vol. 54, no. 2, pp. 25-42.
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While there is widespread support for the notion that organizations with better reputations outperform their rivals, there is uncertainty about how to create such a reputation, especially among the managers responsible for this task. For example, organizations often give money to worthy causes or create social responsibility programs in the hope that this will appeal to their stakeholders. When approaches such as these are only loosely coupled to the strategy of the organization they appear to be “bolted on” rather than “built in.” Thus, they are likely to foster a reputation that is less consistent with the principal actions of the organization and be less credible. They are also easy for competitors to imitate. Because of this, a reputation grounded in the strategy of the organization has a better chance of providing a sustainable competitive advantage. We present a normative framework that illustrates a strategy-led approach to reputation building. It is illustrated with numerous corporate examples.
Dwyer, L & Thomas, F 2012, 'Tourism yield measures for Cambodia', Current Issues in Tourism, vol. 15, no. 4, pp. 303-328.
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Dwyer, L, Cvelbar, LK, Edwards, D & Mihalic, T 2012, 'Fashioning a destination tourism future: The case of Slovenia', TOURISM MANAGEMENT, vol. 33, no. 2, pp. 305-316.
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Achieving competitive advantage for any destination in times of rapid global change requires tourism stakeholders to have a clear understanding of the direction of change and its implications for business or destination management. The challenges are particularly acute for emerging destinations such as Slovenia. The paper discusses tools for measuring destination performance with particular focus on ImportancePerformance Analysis (IPA). Using IPA the paper develops a priority ordering for Slovenian tourism stakeholders to debate, modify and to adopt actions that can help them prepare for the challenges arising from global trends. The survey instrument used for this study asks respondents to highlight both the important areas that should be addressed by tourism stakeholders in Slovenia and also the performance of Slovenia in respect of the success or otherwise of the strategies that are currently being pursued to enhance destination competitiveness. The findings reveal that there are a number of areas in which the Slovene tourism industry considers itself to be underperforming in the implementation of strategies to eliminate drift. The paper explores some of the implications of the findings for strategic action and implementation, making some concluding comments on destination development strategy while highlighting areas for further research.
Dwyer, L, Forsyth, P & Spurr, R 2012, 'Wither Australian Tourism? Implications of the Carbon Tax', Journal of Hospitality and Tourism Management, vol. 19, no. 1, pp. 15-30.
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This paper estimates the potential economic effects on the Australian tourism industry from the introduction of an economy wide carbon tax to be introduced in July 2012. The manner in which the tax is expected to work is examined together with a discussion of some concerns that have been raised by the tourism industry regarding its impacts on Australia's destination competitiveness, industry profitability and employment. Dynamic computable general equilibrium (CGE) modelling projects that the tax will lead to changes in key macroeconomic variables, reducing growth in real GDP, real consumption and employment. The simulation results also indicate that while some tourism industries in Australia will gain from the tax, most will experience contractions in output relative to baseline values in line with a general shrinkage of the tourism sector as a whole. In the light of the modelling simulations, the paper concludes with an assessment of the validity of the main stakeholder concerns regarding the implications of the tax for the Australian tourism industry. © The Authors 2012.
Eckert, C, Louviere, JJ & Islam, T 2012, 'Seeing the forest despite the trees: Brand effects on choice uncertainty', INTERNATIONAL JOURNAL OF RESEARCH IN MARKETING, vol. 29, no. 3, pp. 256-264.
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Prior research on brand equity suggests that consumers use brands as signals to reduce uncertainty and perceived risk. Erdem and Swait (1998) developed a conceptual framework based on information economics and signaling theory to explain how equity is created, maintained and transferred over time that involves seven theoretical constructs. This paper reviews the impact of brand-equity-associated brand utility on the scale of the indirect utility function (i.e., the inverse of the error variance); we argue that higher brand-equity-associated brand utility reduces the need for consumers to review previously formed preferences. We combine a brand utility experiment with a brand feature experiment to estimate the effects of brand-equity-associated brand utility scores on choice. We find that higher brand-equity-associated brand utility leads to higher choice consistency, which can drive increases in market share.
Edwards, M, Onyx, J, Maxwell, H & Darcy, S 2012, 'Meso level Social Impact: Meaningful Indicators of Community Contribution', Cosmopolitan Civil Societies: An Interdisciplinary Journal, vol. 4, no. 3, pp. 18-37.
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Social impact measures are not widely agreed, nor implemented by third sector organisations. Meso level indicators of social impact are underdeveloped. Financialised methods such as Social Return on Investment can only account for direct outcomes of defined programs and activities. The broader societal impacts of any such activities are undervalued. This paper outlines the findings of a grounded theoretical approach to determining measures of social impact within a large Australian iconic third sector organisation. Several key factors revealed in this study are discussed in regards to their potential for attributing social impact to organisational activities outside of a program specific outcome. Based on these findings the paper concludes that the development of a tool to measure meso level organisational social impact of third sector organisations may be attainable.
Fee, A & Gray, SJ 2012, 'The expatriate-creativity hypothesis: A longitudinal field test', Human Relations, vol. 65, no. 12, pp. 1515-1538.
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While prior research suggests that the cognitive changes triggered by cross-cultural experiences can enhance an individual’s creative-thinking abilities, this is yet to be verified through empirical field research. We draw on schema theory, and the principle of psychological dissonance experienced during cultural adaptation, to argue that expatriates undergo wholesale cognitive changes that can lead to enhanced creative-thinking abilities. We test this hypothesis by measuring changes in the creative-thinking abilities of a sample of expatriates over the first 12 months of their placement. When compared with a control group of non-expatriates, the expatriates showed significant increases in overall creative-thinking abilities and cognitive flexibility, although not originality, elaboration, or ideational fluency.
Field, J & Chelliah, J 2012, 'Social‐media misuse a ticking time‐bomb for employers', Human Resource Management International Digest, vol. 20, no. 7, pp. 36-38.
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PurposeThis article aims to highlight the risks employers face when employees use social media.Design/methodology/approachThe article considers each risk in turn, and suggests how it could be reduced.FindingsThe major challenge for most employers is the development of a co‐ordinated human‐resource strategy that incorporates documented policies and procedures, an internal training program and robust record‐keeping.Practical implicationsThe article guides managers and HR specialists in assessing the exposure of their organizations/clients to the risks identified.Social implicationsAttention is drawn to the growing problem of the misuse of social media across society as a whole.Originality/valueThe article raises the issue of organizational awareness and preparedness to undertake challenges posed by social media.
Fiorini, M 2012, 'FOSTERING EDUCATIONAL ENROLMENT THROUGH SUBSIDIES: THE ISSUE OF TIMING', Journal of Applied Econometrics, vol. 27, no. 5, pp. 741-772.
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The purpose of this paper is to build a dynamic structural model of educational choices in which cognitive skills shape decisions. The model is estimated by maximum likelihood using cohort data where individuals are observed from birth to the middle of their working life. These data are unique in that they include cognitive skills test scores collected as early as age 7. We then investigate how alternative policies foster educational enrolment. In particular, we simulate the effect of two subsidies different in the timing of disbursement. The first consists of grants assigned directly to individuals aged between 16 and 18. The second is assigned to the parents earlier on, when the cohort is still in its childhood. The latter subsidy affects cognitive skills accumulation and in turn educational choices. Our results suggest that a grant fosters enrolment at the lowest cost but the parental income subsidy generates more welfare as measured by a class of social welfare functions. Nevertheless, these differences in costs and welfare are small. Overall, the results reinforce the view that government investments in cognitive skill accumulation during childhood are worthwhile. However, the results also indicate that such investments should be well structured to ensure a high return.
Forsyth, P, Dwyer, L, Seetaram, N & King, B 2012, 'Measuring the Economic Impact of Migration-Induced Tourism', Tourism Analysis, vol. 17, no. 5, pp. 559-571.
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Migration induces inbound and outbound tourism flows for a country heavily reliant on migration, such as Australia. Previous research has provided estimates for Australia of the effects of changes in migration on the volume of inbound and outbound tourism. When supplemented with information
about tourist spending, estimates can be made of any expenditure changes associated with migration-induced tourism. Such migration-induced tourism expenditures will have economic impacts on the economy. This study estimates the economic impacts of migration-induced inbound and outbound tourism
flows using a computable general equilibrium (CGE) model for Australia projecting the effects on key economic variables such as real GDP, real value added, economic welfare, and employment.
Fu, R, Navone, M, Pagani, M & Pantos, TD 2012, 'The Determinants of the Convexity in the Flow-Performance Relationship', The Journal of Index Investing, vol. 3, no. 2, pp. 81-95.
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There is substantial evidence that the flow-performance relationship of mutual funds is convex. The authors empirically investigate the determinants of such convexity. In particular, they study how fund fees (for example, marketing and nonmarketing fees) and the uncertainty related to the replacement option of fund production factors (investment strategies and managerial ability) impact the convexity of the flow-performance relationship. The evidence suggests that marketing fees are positively related to the convexity of the flow-performance relationship. Nonmarketing fees appear to have a negative impact on this convexity. Consistent with investment restrictions being relevant in explaining investors allocation decisions, sector and index funds exhibit lower convexity in their flow-performance relationship than respectively diversified and non-index funds. Finally, the dispersion of managerial abilities within a mutual fund segment is associated with higher convexity in the flow-performance relationship
Garratt, RJ, Walker, M & Wooders, J 2012, 'Behavior in second-price auctions by highly experienced eBay buyers and sellers', EXPERIMENTAL ECONOMICS, vol. 15, no. 1, pp. 44-57.
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We report on sealed-bid second-price auctions that we conducted on the Internet using subjects with substantial prior experience: they were highly experienced participants in eBay auctions. Unlike the novice bidders in previous (laboratory) experiments, the experienced bidders exhibited no greater tendency to overbid than to underbid. However, even subjects with substantial prior experience tended not to bid their values, suggesting that the non-optimal bidding of novice subjects is robust to substantial experience in non-experimental auctions. We found that auction revenue was not significantly different from the expected revenue the auction would generate if bidders bid their values. Auction efficiency, as measured by the percentage of surplus captured, was substantially lower in our SPAs than in previous laboratory experiments.
Georges, S & Chelliah, J 2012, 'A morphology of management consulting typologies', Journal of International Management Studies, vol. 7, no. 2, pp. 157-166.
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The identity of the consultant is not theorized as one definable construct but ratherby morphologicaltypologies that share similarities while at the same areconceptualized as being vastly different. In examining the literature of morphological typologies of consultants, this paper seeks to explore how various consulting identities that are constituents of typologies interact with identity claims that seek to influence potential client perceptions. The paper starts by exploring the literature documenting organizational identity before specifically focusing on converging and diverging identities of the consultant. The paper then identifies key variables that that appear in a significant number of consultant identities highlighting both the similarities and differences. Finally, the paper offers a possible future research agenda that seeks not to add to the list of identities but instead explore the gaps of the consulting identity literature through field research.
Grant, S 2012, 'Preface.', Adv Cancer Res, vol. 116, no. 22, pp. xi-xii.
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Greenacre, LM, Burke, PF, Denize, SM & Pearce, R 2012, 'The choice of content by information providers in word of mouth communications', Academy of Marketing Studies Journal, vol. 16, no. Special issue, pp. 19-34.
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Word-of-Mouth communication is an invaluable source of information for consumers. A comprehensive understanding of the flow of market information through interpersonal networks is therefore of unique theoretical and practical importance. Present Word-of-Mouth research is receiver centric, largely ignoring the role of the information provider as a gatekeeper to information dissemination. The objective of this research is to develop a more comprehensive understanding of Word-of-Mouth by modelling the decision making behaviour of information providers. Adopting the network theory general assumption of altruistic exchange motivation, this research uses a choice modelling
Gretzel, U, Prebežac, D, Joppe, M & Edwards, D 2012, 'TEFI 2011 World Congress “Activating Change in Tourism Education” May 18–21, 2011, Philadelphia, Pennsylvania, United States', Journal of Teaching in Travel & Tourism, vol. 12, no. 1, pp. 118-122.
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Founded in 2007, the Tourism Education Futures Initiative (TEFI) has organized several meetings to discuss critical issues that need to be addressed in creating desirable and sustainable tourism education futures. In the past, these meetings took on the form of small think tanks with invited participants. In 2011, TEFI decided to open up to the public to share the findings of these previous years in the form of a World Congress that took place May 1821, 2011, in Philadelphia, PA.
Griffin, T & Edwards, D 2012, 'Importance–performance analysis as a diagnostic tool for urban destination managers', Anatolia, vol. 23, no. 1, pp. 32-48.
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This paper reports on the application of importanceperformance analysis to two Australian urban tourism destinations, Sydney and Canberra. The study involved asking tourists to rate the importance of 39 destination attributes and how well each destination had performed in relation to these. These importance and performance scores were then combined. From a management perspective, the most significant combination is where the destination is performing poorly in relation to attributes that tourists regard as most important. The technique represents a very useful diagnostic tool for destination managers, who can use it to identify current problems with tourist experiences and then to assign priorities to measures that are designed to improve those experiences.
Hafalir, IE, Ravi, R & Sayedi, A 2012, 'A near Pareto optimal auction with budget constraints', Games and Economic Behavior, vol. 74, no. 2, pp. 699-708.
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In a setup where a divisible good is to be allocated to a set of bidders with budget constraints, we introduce a mechanism in the spirit of the Vickrey auction. In the mechanism we propose, understating budgets or values is weakly dominated. Since the revenue is increasing in budgets and values, all kinds of equilibrium deviations from true valuations turn out to be beneficial to the auctioneer. We also show that ex-post Nash equilibrium of our mechanism is near Pareto optimal in the sense that all full winnersʼ values are above all full losersʼ values
Hanyane, C 2012, 'Experiences in Creating Inclusive Information and Communications Technologies (IICT): Democratizing Software Development in Social Development', 2012 African Conference for Sofware Engineering and Applied Computing, vol. 2, no. 1, pp. 1-20.
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this paper challenges the limitations of extant knowledge of social formation by its focus on the ordinary, everyday lived reality of maintaining community and on identifying its operations from the internal perspective of civil society. We aim to explore the actual mobilising processes and structures that underpin the formation of social capital in the community. We examine how networks emerge and operate.
Hensher, DA & Rose, JM 2012, 'The Influence of Alternative Acceptability, Attribute Thresholds and Choice Response Certainty on Automobile Purchase Preferences', JOURNAL OF TRANSPORT ECONOMICS AND POLICY, vol. 46, no. 3, pp. 451-468.
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Two issues that reflect how individuals make travel or vehicle purchase choices are the relevance of attribute levels associated with alternatives, and the extent to which the respondent is certain of actually choosing the alternative that they indicated was their preferred alternative. This paper studies the influence of acceptability of each alternative, attribute thresholds, and choice response certainty on automobile purchase preferences, 'scaling' of the standard utility expression to account for perceived acceptability of each alternative, and perceived attribute thresholds. A comparison of the models shows the significant improvement in predictive power with inferred direct elasticities that are substantially different.
Hensher, DA, Rose, JM & Beck, MJ 2012, 'Are there specific design elements of choice experiments and types of people that influence choice response certainty?', JOURNAL OF CHOICE MODELLING, vol. 5, no. 1, pp. 77-97.
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Hensher, DA, Rose, JM & Greene, WH 2012, 'Inferring attribute non-attendance from stated choice data: implications for willingness to pay estimates and a warning for stated choice experiment design', TRANSPORTATION, vol. 39, no. 2, pp. 235-245.
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Hensher, DA, Rose, JM & Li, Z 2012, 'Does the choice model method and/or the data matter?', TRANSPORTATION, vol. 39, no. 2, pp. 351-385.
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Hepworth, K 2012, 'Abject citizens: Italian 'Nomad Emergencies' and the deportability of Romanian Roma', CITIZENSHIP STUDIES, vol. 16, no. 3-4, pp. 431-449.
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In May 2008, Berlusconi's newly elected coalition introduced new measures to facilitate the expulsion and repatriation of European community citizens, simultaneously declaring a 'State of Emergency with regards to the Settlement of Nomadic Communities in
Hepworth, K 2012, 'Romani Politics in Contemporary Europe: Poverty, Ethnic Mobilization and the Neoliberal Order', JOURNAL OF ETHNIC AND MIGRATION STUDIES, vol. 38, no. 1, pp. 189-190.
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Hess, S & Rose, JM 2012, 'Can scale and coefficient heterogeneity be separated in random coefficients models?', TRANSPORTATION, vol. 39, no. 6, pp. 1225-1239.
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Hulley, H & Platen, E 2012, 'Hedging for the long run', Mathematics and Financial Economics, vol. 6, no. 2, pp. 105-124.
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In the years following the publication of Black and Scholes (J Political Econ, 81(3), 637-654, 1973), numerous alternative models have been proposed for pricing and hedging equity derivatives. Prominent examples include stochastic volatility models, jump-diffusion models, and models based on Lévy processes. These all have their own shortcomings, and evidence suggests that none is up to the task of satisfactorily pricing and hedging extremely long-dated claims. Since they all fall within the ambit of risk-neutral valuation, it is natural to speculate that the deficiencies of these models are (at least in part) attributable to the constraints imposed by the risk-neutral approach itself. To investigate this idea, we present a simple two-parameter model for a diversified equity accumulation index. Although our model does not admit an equivalent risk-neutral probability measure, it nevertheless fulfils a minimal no-arbitrage condition for an economically viable financial market. Furthermore, we demonstrate that contingent claims can be priced and hedged, without the need for an equivalent change of probability measure. Convenient formulae for the prices and hedge ratios of a number of standard European claims are derived, and a series of hedge experiments for extremely long-dated claims on the S&P 500 total return index are conducted. Our model serves also as a convenient medium for illustrating and clarifying several points on asset price bubbles and the economics of arbitrage.
Iannotta, G & Navone, M 2012, 'The cross-section of mutual fund fee dispersion', JOURNAL OF BANKING & FINANCE, vol. 36, no. 3, pp. 846-856.
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In this paper, we empirically analyze the factors affecting the cross section of mutual fund fee dispersion. In the context of equity mutual funds, fee dispersion stems primarily from the heterogeneity of products, clienteles and production functions. However, the relevant theory predicts that search costs can also generate fee dispersion. By controlling for observable sources of heterogeneity, we find that fee dispersion decreases with fund size and age, as well as with the amount of assets under management of the investment company. In addition, we find lower levels of fee dispersion for funds that charge marketing and distribution fees. Although we cannot rule out the possibility that these factors are a proxy for some unobserved source of heterogeneity, our results are also consistent with the theoretical prediction that search costs positively affect fee dispersion.
Irving, MJ, Tong, A, Jan, S, Cass, A, Rose, J, Chadban, S, Allen, RD, Craig, JC, Wong, G & Howard, K 2012, 'Factors that influence the decision to be an organ donor: a systematic review of the qualitative literature', Nephrology Dialysis Transplantation, vol. 27, no. 6, pp. 2526-2533.
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Johar, M & Savage, E 2012, 'Sources of advantageous selection: Evidence using actual health expenditure risk', ECONOMICS LETTERS, vol. 116, no. 3, pp. 579-582.
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In a market where insurers are not allowed to risk rate, we find evidence of advantageous selection using observed health expenditure risk. Selection is driven by income and optimism about the future. This may explain insurers' profitability, despite community rating.
Johar, M, Jones, G & Savage, E 2012, 'Healthcare Expenditure Profile of Older Australians: Evidence from Linked Survey and Health Administrative Data', Economic Papers: A journal of applied economics and policy, vol. 31, no. 4, pp. 451-463.
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This article provides a comprehensive profile of individual healthcare expenditure using the 45 and Up Study of over 267,000 NSW residents linked to administrative medical service records. Individuals aged 45 and over consume two-thirds of healthcare expenditure in Australia. We compute annual total healthcare expenditure comprising hospital admissions, emergency presentations, out-of-hospital medical consultations and diagnostic tests and subsidised drugs. The average annual expenditure in the sample is $4334 in 2009 dollars. Less than 3 per cent have zero expenditure. Health service mix varies with age, with the share of hospital expenditure increasing with age. The age trends of total expenditure and its components are then examined by key demographic, socioeconomic and health characteristics, providing important insights into future healthcare demand and a foundation for future research into the drivers of healthcare expenditures and the distribution of health subsidies.
Johar, M, Savage, E, Stavrunova, O, Jones, G & Keane, M 2012, 'Geographic Differences in Hospital Waiting Times', ECONOMIC RECORD, vol. 88, no. 281, pp. 165-181.
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Access to elective surgery in Australian public hospitals is rationed using waiting lists. In this article, we undertake a DiNardo-Fortin-Lemieux reweighting approach to attribute variation in waiting time to clinical need or to discrimination. Using data from NSW public patients in 2004-2005, we find the discrimination effect dominates clinical need especially in the upper tail of the waiting time distribution. We find evidence of favourable treatment of patients who reside in remote areas and discrimination in favour of patients residing in particular Area Health Services. These findings have policy implications for the design of equitable quality targets for public hospitals.
Johnston, J & Clegg, S 2012, 'Legitimate Sovereignty and Contested Authority in Public Management Organization and Disorganization: Barangaroo and the Grand Strategic Vision for Sydney as a Globalizing City', Journal of Change Management, vol. 12, no. 3, pp. 279-299.
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This article takes an interpretive view of what `public management implies in the context of the strategies and processes involved in major infrastructure development, in this case, of prime harbourside public land, now known as Barangaroo, in the centre of the city of Sydney, New South Wales (NSW), Australia. This development, in part, is meant to position Sydney as a globalizing city, at the centre of financial services in the Asia Pacific region. The article uses Clegg's ideas of `circuits of power to develop an analytical framework and employs a qualitative, case study approach based on a wide range of documents and media reports in the public domain. It addresses the processes of public management in the Barangaroo development, focusing on strategic agenda setting and leadership; organizing by rules; contract relations; no-cost-to government policy; organizing by precedent, especially those embedded in institutional responsibilities and responses; and stakeholder management. It demonstrates that at each stage in the process these have been characterized less by the rhetoric of public management and more by a disorganization of this rhetoric by a complex politics flowing through distinct circuits of power. The critical finding is that public management in the context of a large economic infrastructure development, especially when government is attempting to position a city globally, is far more complex and political than the prevailing rhetoric of the New Public Management, of considered rationality, would suggest
Jones, S, Hensher, DA, Rose, J & Walker, RG 2012, 'Infrastructure Asset Reporting Options: A Stated Preference Experiment', Accounting Horizons, vol. 26, no. 3, pp. 465-491.
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Kaine, S 2012, 'Collective Regulation of Wages and Conditions in Aged Care: Beyond Labour Law', Journal of Industrial Relations, vol. 54, no. 2, pp. 204-220.
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This article considers the collective regulation of wages and conditions in the highly feminized residential aged care workforce. It argues that the traditional regulation of wages and conditions through industrial instruments such as awards and collective bargaining agreements has failed to produce adequate or sustainable outcomes. Continuing low pay is exacerbating labour supply issues in a sector set to experience exponential growth in the coming decades. The ability of traditional labour law to deliver optimal outcomes for aged care workers is limited not only by low levels of collective representation, but also by funding constraints within the sector. This article explores regulatory alternatives and suggests that the integration of labour standards and outcomes into the existing accreditation standards and funding mechanisms for residential aged care warrants policymakers’ attention.
Kaine, S 2012, 'Employee voice and regulation in the residential aged care sector', Human Resource Management Journal, vol. 22, no. 3, pp. 316-331.
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This article examines the interaction of regulation and employee voice in the residential aged care sector. In particular, it considers the regulatory forces shaping the expression of voice in the human services sector through the examination of three aged care providers. It suggests that in a sector characterised by low levels of unionisation and a preponderance of non-union workplaces, employee voice does not act as a significant regulator of managerial decision-making, rather a combination of external and internal constraints that regulates the expression of voice. This study identifies the regulatory role of location, labour law and social norms. It also highlights that the importance of these constraints will vary in different organisational contexts and as a consequence of interaction with internal regulation. Such internal regulation is most commonly expressed through the exercise of managerial prerogative.
Kattiyapornpong, U & Miller, KE 2012, 'PROPENSITY TO SHOP: IDENTIFYING WHO SHOPS TIL THEY DROP', JOURNAL OF TRAVEL & TOURISM MARKETING, vol. 29, no. 6, pp. 552-565.
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Tourist shopping expenditure is a vital ingredient which contributes significantly to the gross domestic product (GDP) of the nation. Past research has stressed the importance of specific demographic variables related to shopping behavior; however, it has not included interactions between or configurations among demographic variables, shopping related psychographics, and shopping destinations. This study seeks to address that gap. The data was collected from a large representative sample of 26,686 Australian domestic short-stay visitors. Binary logistic regression found that demographic variables and their specific interactions were significantly related to tourist shopping behaviors as well as psychographics, trip motivation, and their shopping destination propensity, when tested simultaneously. The findings assist destination marketing managers to identify and target specific domestic short-stay tourist shoppers.
Kerr, G, Mortimera, K, Dickinson, S & Waller, DS 2012, 'Buy, boycott or blog Exploring online consumer power to share, discuss and distribute controversial advertising messages', EUROPEAN JOURNAL OF MARKETING, vol. 46, no. 3-4, pp. 387-405.
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Purpose - The purpose of this study is to examine the concept of consumer power, in particular the power or bloggers in the online environment and how this might be applied to the regulation of advertising. Design/methodology/approach - Utilising Denegri
King, MT, Viney, R, Smith, DP, Hossain, I, Street, D, Savage, E, Fowler, S, Berry, MP, Stockler, M, Cozzi, P, Stricker, P, Ward, J & Armstrong, BK 2012, 'Survival gains needed to offset persistent adverse treatment effects in localised prostate cancer', BRITISH JOURNAL OF CANCER, vol. 106, no. 4, pp. 638-645.
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Men diagnosed with localised prostate cancer (LPC) face difficult choices between treatment options that can cause persistent problems with sexual, urinary and bowel function. Controlled trial evidence about the survival benefits of the full range of treatment alternatives is limited, and patients' views on the survival gains that might justify these problems have not been quantified. A discrete choice experiment (DCE) was administered in a random subsample (n = 357, stratified by treatment) of a population-based sample (n = 1381) of men, recurrence-free 3 years after diagnosis of LPC, and 65 age-matched controls (without prostate cancer). Survival gains needed to justify persistent problems were estimated by substituting side effect and survival parameters from the DCE into an equation for compensating variation (adapted from welfare economics). Median (2.5, 97.5 centiles) survival benefits needed to justify severe erectile dysfunction and severe loss of libido were 4.0 (3.4, 4.6) and 5.0 (4.9, 5.2) months. These problems were common, particularly after androgen deprivation therapy (ADT): 40 and 41% overall (n = 1381) and 88 and 78% in the ADT group (n = 33). Urinary leakage (most prevalent after radical prostatectomy (n - 839, mild 41%, severe 18%)) needed 4.2 (4.1, 4.3) and 27.7 (26.9, 28.5) months survival benefit, respectively. Mild bowel problems (most prevalent (30%) after external beam radiotherapy (n = 106)) needed 6.2 (6.1, 6.4) months survival benefit.
Kirsch, C, Chelliah, J & Parry, W 2012, 'The impact of cross-cultural dynamics on change management', CROSS CULTURAL MANAGEMENT-AN INTERNATIONAL JOURNAL, vol. 19, no. 2, pp. 166-195.
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Purpose The purpose of this paper is to introduce a proprietary survey instrument ChangeTracking Survey® which measures employees' perceptions of organizational change and captures their experiences during the course of change management in their organizations. Design/methodology/approach The authors present an empirical study of employees involved in change management projects in 146 organizations situated in 27 countries across a variety of industries, nationalities and languages, using robust statistical analysis. Hofstede's work is used as a foundation for understanding cross-cultural differences in organizations from across the world. Findings The paper finds significant differences in certain characteristics of change projects between different nationalities.
Klimova, A 2012, 'Gender differences in determinants of occupational choice in Russia', International Journal of Social Economics, vol. 39, no. 9, pp. 648-670.
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PurposeThe purpose of this paper is to analyse determinants of occupational allocation by gender, in Russia, between 1994 and 2001, using the only available nationally representative longitudinal survey (RLMS).Design/methodology/approachMultinomial logit was chosen as the estimation technique for this analysis.FindingsIt was found that gender significantly affects occupational distribution after controlling for human capital and other characteristics during all years. Educational attainment was significant for professionals and technicians/associate professionals, while work experience was significant for craft and plant workers. Marital status did not affect females' occupational allocation while married males were less likely to be unskilled and craft workers. It appears that women performed primarily non‐geographically dependent jobs and the significance of regional variation for females' employment diminished over time. A comparison of the actual and predicted females' occupation distribution revealed a large over‐representation of females in unskilled occupations.Originality/valueThe paper makes an original contribution to our understanding of occupational distribution by demonstrating that occupational segregation by gender is a large and economically significant factor in the Russian labour market, even after controlling for individuals' human capital and personal characteristics and for regional variations. The paper illustrates the extent of this segregation by comparing the actual occupational distribution of females to that which would occur if they faced the same structure of occupational determina...
Klimova, A & Ross, R 2012, 'Gender‐based occupational segregation in Russia: an empirical study', International Journal of Social Economics, vol. 39, no. 7, pp. 474-489.
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PurposeThe purpose of this paper is to examine trends in gender inequalities in the Russian labour market between 1994 and 2001, the early period of the transition to the market economy from the old Soviet Union.Design/methodology/approachThe paper examines gender occupational segregation using the dataset from a nationally representative longitudinal survey of Russian households, the Russian Labour Market Survey. The occupational segregation index measure developed by Karmel and Maclachlan, known as the KM Index, is applied and extended by decomposing the index into several components.FindingsThe KM Index declined over this period, indicating a reduction in the extent of gender inequality, However, the decomposing of the KM index shows that, in contrast to previous research, the decrease in segregation within individual occupations contributed most of the overall fall in gender segregation. Changes in the overall occupational structure and an increase in female employment contributed, albeit marginally, to an increase in segregation.Research limitations/implicationsBecause of the changes which have continued in Russia since 2001, these research results may lack applicability to current emerging economic circumstances in Russia. Therefore, researchers are encouraged to test the proposed propositions further using data for the period 2005 to 2015 once the data become available.Practical implicationsThe paper provides rigorous estimates of the trends in gender inequalities at an important per...
Koh, B, Freeman, L & Zaslawski, C 2012, 'Alternative medicine and doping in sports.', Australas Med J, vol. 5, no. 1, pp. 18-25.
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Athletes are high achievers who may seek creative or unconventional methods to improve performance. The literature indicates that athletes are among the heaviest users of complementary and alternative medicine (CAM) and thus may pioneer population trends in CAM use. Unlike non-athletes, athletes may use CAM not just for prevention, treatment or rehabilitation from illness or injuries, but also for performance enhancement. Assuming that athletes' creative use of anything unconventional is aimed at 'legally' improving performance, CAM may be used because it is perceived as more 'natural' and erroneously assumed as not potentially doping. This failure to recognise CAMs as pharmacological agents puts athletes at risk of inadvertent doping.The general position of the World Anti-Doping Authority (WADA) is one of strict liability, an application of the legal proposition that ignorance is no excuse and the ultimate responsibility is on the athlete to ensure at all times whatever is swallowed, injected or applied to the athlete is both safe and legal for use. This means that a violation occurs whether or not the athlete intentionally or unintentionally, knowingly or unknowingly, used a prohibited substance/method or was negligent or otherwise at fault. Athletes are therefore expected to understand not only what is prohibited, but also what might potentially cause an inadvertent doping violation. Yet, as will be discussed, athlete knowledge on doping is deficient and WADA itself sometimes changes its position on prohibited methods or substances. The situation is further confounded by the conflicting stance of anti-doping experts in the media. These highly publicised disagreements may further portray inconsistencies in anti-doping guidelines and suggest to athletes that what is considered doping is dependent on the dominant political zeitgeist. Taken together, athletes may believe that unless a specific and explicit ruling is made, guidelines are open to interpretation. The...
Koo, TTR, Wu, C-L & Dwyer, L 2012, 'Dispersal of visitors within destinations: Descriptive measures and underlying drivers', TOURISM MANAGEMENT, vol. 33, no. 5, pp. 1209-1219.
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Promoting greater dispersal of tourists and their spending is important to the regional economic development goals of both developed and developing economies. However, while the concept of dispersal is not complex, in practise existing approaches towards dispersal measurement are largely confined to dispersal description (such as dispersal ratios) without the consideration of causal structure. Using Australia as a context, the goal of this paper is to bridge the gap between descriptive and causal approaches to dispersal, using a publicly available, secondary source of data – the International Visitor Survey (IVS). In so doing, the paper empirically validates factors associated with tourist dispersal, and constructs individual dispersal propensities which are structurally linked with, and provide supplementary information to, dispersal ratios. This research shows that, suitably manipulated, existing surveys of international visitors can be a rich source of information about dispersal.
Kulendran, N & Dwyer, L 2012, 'Modeling Seasonal Variation in Tourism Flows with Climate Variables', Tourism Analysis, vol. 17, no. 2, pp. 121-137.
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The purpose of this article is to model and forecast the seasonal variation, the fluctuations in tourist numbers from season to season in Australian inbound holiday tourism, using climate variables such as maximum temperature, humidity, and hours of sunshine. For estimation purposes
this study uses quarterly data on arrivals from the US, UK, Japan, and New Zealand to Australia from September 1975 to September 2009. Seasonal variation, which is the respective and predictable movement of visitation around the trend line, was first extracted from the quarterly holiday tourist
arrivals time-series using the Basic Structural Model (BSM) approach. Subsequently, the influence of climate variables on seasonal variation in different seasons was identified using the average euclidean minimum distance (AD) statistics. The AD statistics show that climate variables shape
the characteristic of seasonal variation of tourism flows but the effect tends to vary between seasons and countries. A time-series model was estimated with climate variables to forecast seasonal variation. The forecasting comparison result shows that climate variables improve the forecasting
performance. The approach can be replicated to help destination managers and forecasters determine if climate variables influence tourism flows between other origins and destinations globally.
Lacetera, N, Macis, M & Slonim, R 2012, 'Will There Be Blood? Incentives and Displacement Effects in Pro-Social Behavior', American Economic Journal: Economic Policy, vol. 4, no. 1, pp. 186-223.
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We present evidence from nearly 14,000 American Red Cross blood drives and from a natural field experiment showing that economic incentives have a positive effect on blood donations without increasing the fraction of donors who are ineligible to donate. The effect increases with the incentive's economic value. However, a substantial proportion of the increase in donations is explained by donors leaving neighboring drives without incentives to attend drives with incentives; this displacement also increases with the economic value of the incentive. We conclude that extrinsic incentives stimulate pro-social behavior, but unless displacement effects are considered, the effect may be overestimated. (JEL D64, H41, I12)
Lanis, R & Richardson, G 2012, 'Corporate social responsibility and tax aggressiveness: An empirical analysis', JOURNAL OF ACCOUNTING AND PUBLIC POLICY, vol. 31, no. 1, pp. 86-108.
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This study examines the association between corporate social responsibility (CSR) and corporate tax aggressiveness. Based on a sample of 408 publicly listed Australian corporations for the 2008/2009 financial year, our regression results show that the higher the level of CSR disclosure of a corporation, the lower is the level of corporate tax aggressiveness. We find a negative and statistically significant association between CSR disclosure and tax aggressiveness which holds across a number of different regression model specifications, thus more socially responsible corporations are likely to be less tax aggressive in nature. Finally, the regression results from our additional analysis indicate that the social investment commitment and corporate and CSR strategy (including the ethics and business conduct) of a corporation are important elements of CSR activities that have a negative impact on tax aggressiveness.
Lock, D, Taylor, T, Funk, D & Darcy, S 2012, 'Exploring the Development of Team Identification', Journal of Sport Management, vol. 26, no. 4, pp. 283-294.
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Individuals strive to attach themselves to social groups that reflect positively on the way they view themselves (Tajfel, 1972, 1982; Tajfel & Turner, 1979). While social categories span a myriad of activities, pursuits and organizations, sport teams provide a pertinent example of social categories from which individuals derive social identity benefits (Cialdini & Richardson, 1980). As a result, social identity theory has been extensively applied to sport consumers as a framework contributing to understanding of identity formation (Fisher & Wakefield, 1998; James, 2001), strength (Wann & Branscombe, 1993, 1995), structure (Heere & James, 2007) and management for sport fans (Cialdini et al., 1976; Cialdini & Richardson, 1980; Snyder, Lassegard, & Ford, 1986).
Lu, F, Balatbat, M & Czernkowski, R 2012, 'Does consideration matter to China's split share structure reform?', ACCOUNTING AND FINANCE, vol. 52, no. 2, pp. 439-466.
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We investigate the share market response to Chinas split share structure reform and find average negative daily return around the government announcement on 29 April 2005. However, there is a turnaround at individual companies decision to implement the reform where we find positive and significant average daily return, contingent on the type of consideration. We attribute this change in market sentiment to the companys announcement that the reform will involve the payment of consideration to holders of tradable A-shares. Our results also show that holders of tradable A-shares earn significant abnormal daily returns when companies propose to pay in cash or warrants or combine any of these payment methods with bonus shares.
Malik, A, Sinha, A & Blumenfeld, S 2012, 'Role of quality management capabilities in developing market-based organisational learning capabilities: Case study evidence from four Indian business process outsourcing firms', Industrial Marketing Management, vol. 41, no. 4, pp. 639-648.
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Maruyama, S 2012, 'Estimation of Finite Sequential Games', UNSW Australian School of Business Research Paper, vol. 178, no. 2010, pp. 716-726.
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Maruyama, S & Yin, Q 2012, 'The opportunity cost of exercise: Do higher-earning Australians exercise longer, harder, or both?', Health Policy, vol. 106, no. 2, pp. 187-194.
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Despite the widely documented benefits of exercise, very little is known about how individuals make the decision on exercise. In particular, the decision on the intensity of exercise has attracted only one US study to date, which tests the hypothesis that individuals shift toward less time-intensive but more physically intensive forms of exercise as their wages increase. In this article, we revisit this hypothesis by employing a more credible empirical framework. Studying Australian data we confirm that higher-income Australians tend to exercise more frequently with a longer duration and a higher intensity of exercise. Exercise regimens individualised based on the behavioural patterns of exercise across socio-economic groups will contribute to the efficiency and efficacy of the exercise promotion.
Massey, GR 2012, 'All Quiet on the Western Front? Empirical Evidence on the “War” between Marketing Managers and Sales Managers', Australasian Marketing Journal, vol. 20, no. 4, pp. 268-274.
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A common assumption in the literature is that ineffective relationships and conflict between Marketing Managers and Sales Managers and their respective departments is endemic. This article challenges that assumption via an exhaustive review of the large sample quantitative studies of this important working relationship. The analysis reveals that the assumption is unsustainable in the light of the evidence, and that Marketing Manager/Sales Manager relationships are generally effective. This is encouraging news for these managers and their firms, as recent work has established that effective Marketing/Sales relationships are positively associated with superior value creation and market performance.
Matolcsy, Z, Shan, Y & Seethamraju, V 2012, 'The timing of changes in CEO compensation from cash bonus to equity-based compensation: Determinants and performance consequences', Journal of Contemporary Accounting & Economics, vol. 8, no. 2, pp. 78-91.
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This study examines the determinants and performance consequences of changes in CEO compensation structure. The study uses the unique setting when Australian companies have changed from cash bonus to equity-based compensation. While most US CEOs receive some form of equity-based compensation, Australian CEOs have not always been paid equity-based compensation. According to efficient contracting theories, we argue that the change to equity-based compensation is driven by changes in firm characteristics and by the occurrence of CEO turnover, the latter of which provides a less costly opportunity for such change. Our results are consistent with the above arguments. We also document a significant negative association between changes in compensation structure and subsequent firm performance in the following year, even after controlling for CEO turnover and poor governance environments. Overall, our results suggest that the initial change to equity-based compensation is part of an error learning process made by firms that leads them towards efficient CEO compensation contracts.
Matthews, LR, Bohle, P, Quinlan, M & Rawlings-Way, O 2012, 'Traumatic Death at Work: Consequences for Surviving Families', International Journal of Health Services, vol. 42, no. 4, pp. 647-666.
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Research and policy on occupational health and safety have understandably focused on workers as the direct victims of workplace hazards. However, serious illness, injury, or death at work also has cascading psychological, social, and economic effects on victims' families and close friends. These effects have been neglected by researchers and policymakers. The number of persons immediately affected by workplace death is significant, even in rich countries with relatively low rates of workplace fatality. Every year, more than 5,000 family members and close friends of Australian workers become survivors of traumatic work-related death (TWD). This study investigated the health, social, and financial consequences of TWD on surviving families. In-depth exploratory interviews were conducted with seven family members who had experienced TWD from one to 20 years before the interviews, with an average of three years. All reported serious health, social, and financial consequences, including prolonged grief and unresolved loss, physical health problems, family disruption and behavioral effects on children, immediate financial difficulties, and disturbance of longer term commitments such as retirement planning. Recommendations for policy development and improved practice are proposed to minimize the trauma and suffering experienced by families, mitigate consequences, and improve outcomes following a TWD.
Menzies, GD & Zizzo, DJ 2012, 'Monetary policy and inferential expectations of exchange rates', Journal of International Financial Markets, Institutions and Money, vol. 22, no. 2, pp. 359-380.
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We present a macroeconomic market experiment to isolate the impact of monetary shocks on the exchange rate, as an alternative to SVAR identification. In a non-stochastic treatment, covered interest rate parity holds and predicted exchange rates are tracked well. In a stochastic treatment, we model expectations using a Neyman-Pearson hypothesis test (inferential expectations) and find evidence of belief conservatism and uncovered interest rate parity failure. The market environment magnifies belief conservatism, which is opposite to the standard claim that markets tend to eliminate individual choice anomalies
Morton, RL, Snelling, P, Webster, AC, Rose, J, Masterson, R, Johnson, DW & Howard, K 2012, 'Dialysis Modality Preference of Patients With CKD and Family Caregivers: A Discrete-Choice Study', American Journal of Kidney Diseases, vol. 60, no. 1, pp. 102-111.
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Morton, RL, Snelling, P, Webster, AC, Rose, J, Masterson, R, Johnson, DW & Howard, K 2012, 'Factors influencing patient choice of dialysis versus conservative care to treat end-stage kidney disease', Canadian Medical Association Journal, vol. 184, no. 5, pp. E277-E283.
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Mukherjee, A & Vasconcelos, L 2012, 'Star Wars: Exclusive Talent and Collusive Outcomes in Labor Markets', Journal of Law, Economics, and Organization, vol. 28, no. 4, pp. 754-782.
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Naik-Panvelkar, P, Armour, C, Rose, J & Saini, B 2012, 'Patients' Value of Asthma Services in Australian Pharmacies: The Way Ahead for Asthma Care', Journal of Asthma, vol. 49, no. 3, pp. 310-316.
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Naik-Panvelkar, P, Armour, C, Rose, JM & Saini, B 2012, 'Patient Preferences for Community Pharmacy Asthma Services A Discrete Choice Experiment', PHARMACOECONOMICS, vol. 30, no. 10, pp. 961-976.
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Specialized community pharmacy services, involving the provision of disease state management and care by pharmacists, have been developed and trialled and have demonstrated very good health outcomes. Most of these services have been developed from a healthcare professional perspective. However, for the future uptake and long-term sustainability of these services as well as for better and sustained health outcomes for patients, it is vital to gain an understanding of patients' preferences. We can then structure healthcare services to match these preferences and needs rather than around clinical viewpoints alone.The aim of this study was to elicit patient preferences for pharmacy-based specialized asthma services using a discrete choice experiment and to explore the value/importance that patients place on the different attributes of the asthma service. The existence of preference heterogeneity in the population was also investigated.The study was conducted with asthma patients who had recently experienced a specialized asthma management service at their pharmacy in New South Wales, Australia. Pharmacists delivering the asthma service mailed out the discrete choice questionnaires to participating patients at the end of 6 months of service provision. A latent class (LC) model was used to investigate each patient's strength of preference and preference heterogeneity for several key attributes related to asthma service provision: frequency of visits, access to pharmacist, interaction with pharmacy staff, availability of a private area for consultation, provision of lung function testing, type and depth of advice provision, number of days with asthma symptoms and cost of service.Eighty useable questionnaires (of 170 questionnaires sent out) were received (response rate 47.1%). The study identified various key elements of asthma services important to patients. Further, the LC analysis revealed three classes with differing patient preferences for levels of asthma service ...
Nair, R & Chelliah, J 2012, 'Understanding key impediments to small businesses in South Pacific island nations: a case of Fiji.', Journal of Global Business Management, vol. 8, no. 1, pp. 175-182.
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Small businesses are essential in alleviating poverty and creating jobs in most developing economies. This is especially true for the small South Pacific Island nations. The truth is that very little is known about micro and small enterprise growth in the South Pacific island nations. This exploratory study examines the most pressing challenges faced by small business owners in Fiji. A survey approach was deployed in collecting data from 164 owners for this study. Discussion of key findings centres around four types of factors: (1) individual entrepreneur characteristics; (2) firm characteristics; (3) challenges in procuring business services; and (4) challenges in securing financing. The findings revealed that the lack of access to business advisory services and capital were the foremost hurdles faced by owners. They seem lack of imagination and were unaware of opportunities in other sectors like manufacturing or cottage industries. The Fijian governments small business advisory and micro finance service was poorly accessed with more than half the owners unaware of this service. Others are unable to afford professional business and finance advice. The study is especially useful to the government policy makers as it brings into focus the most pressing issues that need to be addressed to nurture and grow small businesses.
Navone, M 2012, 'Investors' distraction and strategic repricing decisions', JOURNAL OF BANKING & FINANCE, vol. 36, no. 5, pp. 1291-1303.
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In this paper I analyze investors reactions to changes in the expense ratios of equity mutual funds. I show that investment ?ows response to fees cannot be fully explained by looking at investors performance sensitivity. While performance sensitivity monotonically increases with past performance, price sensitivity does not: investors who buy top past performers seem to be ``distracted by the funds previous return and pay relatively little attention to the expense ratios. Moreover price sensitivity increases with fund visibility while performance sensitivity decreases, and while looking at data from 1986 to 2006 no discernible trend can be observed in the average performance sensitivity, price sensitivity strongly increases due to the dramatic increase in the availability of mutual funds information for retail investors. Finally I show that investment companies strategically time their repricing decisions in order to exploit time variations in price and performance sensitivities, and that fund governance quality affects the degree to which investment companies engage in this opportunistic behavior
Navone, M 2012, 'Reprint of Investors' distraction and strategic repricing decisions', JOURNAL OF BANKING & FINANCE, vol. 36, no. 10, pp. 2729-2741.
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Onyx, J & Dalton, BM 2012, 'Academic Programmes for Managers and Leaders of NGOs: Australia', Journal of NonProfit Education and Leadership, vol. 2, no. 2, pp. 106-109.
Onyx, J, Kenny, S & Brown, K 2012, 'Active Citizenship: An Empirical Investigation', Social Policy and Society, vol. 11, no. 1, pp. 55-66.
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This paper reports on a study of what active citizenship means from the perspective of citizens who are active within third sector organisations. It is based on an empirical study involving 1,610 respondents across 11 towns in six countries. The study explored how active citizenship is manifested, by gathering data on attitudes towards social changes and the forms and practices of active citizenship. There are two major, and apparently contradictory themes emerging in the data. The first theme provides a portrait of active engagement, proactively, and sometimes oppositionally working for a better world. On the other hand, citizens by and large avoid active oppositional engagement in the political process. They prefer to work collaboratively with government and to work at the local level. This second theme can be understood as social maintenance, support for existing structures that facilitates community cohesion, while providing relief for the disadvantaged, often with a conservative charity or welfare orientation. Following the work of Touraine, the study revealed how citizens act at the local rather than the national level, and focus on concrete issues and interpersonal relations rather than political action aimed at wider policy change. While this form of citizenship action can reflect a conservative form of maintenance, it is equally a creative new form of association and mutual support.
Patterson, I, Darcy, S & Mönninghoff, M 2012, 'Attitudes and experiences of tourism operators in Northern Australia towards people with disabilities', World Leisure Journal, vol. 54, no. 3, pp. 215-229.
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The last decade has seen an increasing interest in disability, access and tourism. This has culminated in the emergence of a body of work on ``accessible tourism. Disability and access have been the subject of a great deal of government regulation and coordination through building codes, awareness training and state-based tourism marketing authorities and policy engagement. Yet, the supply-side perspective of industry responses to this consumer group has been under researched (Darcy & Pegg, 2011). This study seeks to redress this omission through examining the attitudes and experiences of tourism operators. The area chosen for the study was Queensland, Australia. In-depth interviews were conducted with 32 tourism operators across five major regional tourism locations. The interviews investigated the level of engagement with the consumer group, their motivations for catering for the group and their experiences with the service provision to the group. The results of the study showed that, while the macro policy environment is conducive to having an accessible built environment, transport and service sector, the level of engagement by the tourism industry still involves an ad hoc process of trial and error on the part of individual operators. In comparison with previous decades, tourism operators are now making significant efforts to make their products and services more accessible to people with disabilities. However, most operators in the study noted that there is still a weak demand from the accessible tourism market and low recognition of their existing product offerings.
Pavesi, F & Scotti, M 2012, 'Experts, Conflicts of Interest, and Reputation for Ability', International Journal of Economic Theory, vol. 10, no. 2, pp. 219-233.
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We analyze a model of cheap talk in which an expert who faces a conflict of interest with a decision maker is concerned about establishing a reputation for having accurate information. In this environment, an increase in reputation above a certain threshold always makes truthful revelation more difficult to achieve, since experts with greater reputation can more easily sway the beliefs of decision makers in a desired direction. Thus, higher levels of reputation exacerbate the incentives of biased experts to misreport their private information. Decision makers may therefore be better off consulting less reputable experts when conflicts are more pronounced.
Puckett, SM, Rose, JM & Bain, S 2012, 'Modelling heterogeneity in scale directly: implications for estimates of influence in freight decision-making groups', European Transport / Trasporti Europei, no. 50, pp. 2-2.
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The state of practice in the modelling of heterogeneous preferences does not separate the effects of scale from estimated mean and standard deviation preference measures. This restriction could lead to divergent behavioural implications relative to a flexible modelling structure that accounts for scale effects independently of estimated distributions of preference measures. The generalised multinomial logit (GMNL) model is such an econometric tool, enabling the analyst to identify the role that scale plays in impacting estimated sample mean and standard deviation preference measures, including confirming whether the appropriate model form approaches standard cases such as mixed logit.
The GMNL model is applied in this paper to compare the behavioural implications of the minimum information group inference (MIGI) model within a study of interdependent road freight stakeholders in Sydney, Australia.
MIGI estimates within GMNL models are compared with extant mixed logit measures (see Hensher and Puckett, 2008) to confirm whether the implications of the restrictive (with respect to scale) mixed logit model are consistent to those from the more flexible GMNL model. The results confirm the overall implication that transporters appear to hold relative power over supply chain responses to variable road-user charges. However, the GMNL model identifies a broader range of potential group decision-making outcomes and a restricted set of attributes over which heterogeneity in group influence is found than the mixed logit model. Hence, this analysis offers evidence that failing to account for scale heterogeneity may result in inaccurate representations of the bargaining set, and the nature of preference heterogeneity, in general.
Putniņš, TJ 2012, 'Market Manipulation: A Survey', Journal of Economic Surveys, vol. 26, no. 5, pp. 952-967.
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Despite the significant attention that market manipulation has received in recent years many aspects of it are poorly understood. This article identifies from the theoretical and empirical literature what we do and do not know about market manipulation, and suggests directions for future research. We know that manipulation is possible and that it occurs in a wide variety of markets and circumstances. In contrast, we know little about how often manipulation occurs, its effects and how it responds to regulation. Suggested approaches for future research on these issues include: (i) collecting more comprehensive datasets of manipulation cases; (ii) using detection controlled estimation methods to overcome sample selection and partial observability problems; and (iii) conducting controlled experiments. This article also constructs a novel and broad taxonomy of the different types of market manipulation and discusses approaches to defining manipulation.
Rana, M & ASME 2012, 'INTRODUCTION', PROCEEDINGS OF THE ASME PRESSURE VESSELS AND PIPING CONFERENCE, PVP 2012, VOL 1, vol. 8, no. 1, pp. 441-441.
Rawling, MJ & Kaine, SJ 2012, 'Regulating supply chains to provide a safe rate for road transport workers', Australian Journal of Labour Law, vol. 25, pp. 237-257.
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Business outsourcing and restructuring has contributed to the growth of precarious work arrangements in Australia and around the developed world. Precarious work results in adverse health and safety outcomes for workers and has challenged conventional regulatory regimes based on the standard employment relationship. This article examines a current attempt to regulate for a particular sub-set of precarious workers those working at the base of vertical supply chains in the Australian road transport industry. It charts the influence of commercially dominant clients with effective control over the pay and conditions of workers engaged through their transport supply chain.The article also summarises evidence linking pay rates of truck drivers to safety outcomes. It is argued that regulatory innovation is required to address this link between pay and safety as well as the role of the client. The article explores the potential for the Road Safety Remuneration Act 2012 (Cth) to improve conditions for transport supply chain labour through such regulatory innovation. Business outsourcing and restructuring has contributed to the growth of precarious work arrangements in Australia and around the developed world. Precarious work results in adverse health and safety outcomes for workers and has challenged conventional regulatory regimes based on the standard employment relationship. This article examines a current attempt to regulate for a particular sub-set of precarious workers those working at the base of vertical supply chains in the Australian road transport industry. It charts the influence of commercially dominant clients with effective control over the pay and conditions of workers engaged through their transport supply chain.The article also summarises evidence linking pay rates of truck drivers to safety outcomes.
Ren, S, Wright, A & Wyatt, A 2012, 'Stock Option Use by Australian IPOs', Journal of Contemporary Accounting & Economics, vol. 2012, no. 1, pp. 1-22.
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This paper examines the use of stock options by Australian IPOs. Stock options in this setting exhibit heterogeneity of 'in the moneyness' attributes. We can therefore identify . incentive 'out of the money' options and . reward 'at or in the money' options and study their usage. The setting also features options granted to . employees (CEO, executives, non-executive directors, and managers) and . external parties (e.g., underwriters, lenders, seed capitalists, and promoters). We examine the motives for granting stock options with different 'in the moneyness' attributes to employees and external parties, as well as the performance outcomes. Our results suggest 'in the moneyness' attributes of options vary according to uncertainties about growth options, general operating risks, and/or agency risks relating to the use of IPO proceeds; however, these relations do not translate into robust links from the option grants to future performance.
Rhodes, C 2012, 'Ethics, alterity and the rationality of leadership justice', HUMAN RELATIONS, vol. 65, no. 10, pp. 1311-1331.
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Rhodes, C & Bloom, P 2012, 'The Cultural Fantasy of Hierarchy: Sovereignty and the Desire for Spiritual Purity', Research in the Sociology of Organizations, vol. 35, pp. 141-169.
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Bureaucratic hierarchy, as the hallmark of the modern organization, has been remarkably resilient in the face of increasingly pervasive attacks on its fundamental value and usefulness. We investigate the reasons for this from a cultural, particularly psychoanalytic, perspective – one that sees hierarchy's perpetuation not in terms of the efficacy of its instrumental potential, but rather in the values that are culturally sedimented within it. We argue that hierarchy reflects longings for a pure heavenly order that can never be attained yet remains appealing as a cultural fantasy psychologically gripping individuals in its beatific vision. To tease out this cultural logic we examine two representations of it in popular culture – the U.S. television comedy The Office (2005–) and comedian Will Farrell's impersonation of George W. Bush (2009). These examples illustrate the strength of bureaucratic hierarchy as an affective cultural ideal that retains its appeal even whilst being continually the subject of derision. We suggest that this cultural ideal is structured through a ‘fantasmatic narrative’ revolving around the desire for a spiritualized sense of sovereignty; a desire that is always undermined yet reinforced by its failures to manifest itself concretely in practice. Our central contribution is in relating hierarchy to sovereignty, suggesting that hierarchy persists because of an unquenched and unquenchable desire for spiritual perfection not only amongst leaders, but also amongst those they lead.
Rhodes, C & Harvey, G 2012, 'Agonism and the Possibilities of Ethics for HRM', JOURNAL OF BUSINESS ETHICS, vol. 111, no. 1, pp. 49-59.
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Rhodes, C & Pullen, A 2012, 'Commercial gender: Fracturing masculinity in the case of OzRock', CULTURE AND ORGANIZATION, vol. 18, no. 1, pp. 33-49.
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Roesch, D & Scheule, H 2012, 'Capital incentives and adequacy for securitizations', JOURNAL OF BANKING & FINANCE, vol. 36, no. 3, pp. 733-748.
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This paper analyzes the capital incentives and adequacy of financial institutions for asset portfolio securitizations. The empirical analysis is based on US securitization rating and impairment data. The paper finds that regulatory capital rules for securitizations may be insufficient to cover implied losses during economic downturns such as the Global Financial Crisis. In addition, the rating process of securitizations provides capital arbitrage incentives for financial institutions and may further reduce regulatory capital requirements. These policy-relevant findings assume that the ratings assigned by rating agencies are correct and can be used to build a test for the ability of Basel capital regulations to cover downturn losses.
Rose, JM, Hensher, DA, Greene, WH & Washington, SP 2012, 'Attribute exclusion strategies in airline choice: accounting for exogenous information on decision maker processing strategies in models of discrete choice', TRANSPORTMETRICA, vol. 8, no. 5, pp. 344-360.
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Schaafsma, M, Brouwer, R & Rose, J 2012, 'Directional heterogeneity in WTP models for environmental valuation', Ecological Economics, vol. 79, no. 3, pp. 21-31.
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Many studies in the stated preference literature on environmental valuation do not include the effects of substitutes and distance in willingness-to-pay (WTP) models, in spite of the relevance of these effects in aggregation and benefit transfer. Heterogeneity in the availability of substitutes over space may cause multidirectional distance effects in WTP. As a result, disregarding this spatial heterogeneity may lead to biased estimators of the distance effect and associated WTP values (Cameron, 2006). In this paper, we demonstrate that distance decay is subject to significant directional effects which tend to be related to differences in the availability of substitutes across the study area. We apply a straightforward methodology to account for such spatial heterogeneity in choice experiments and assess the effect on WTP for improvements in ecosystem services in a lake district. We model distance-decay effects, whilst controlling for heterogeneity between users and non-users and non-use related WTP reasons. The directional effects result in significantly different WTP estimates, different market sizes reflecting the population with positive WTP, and differences in total WTP up to 32%
Schlereth, C, Eckert, C & Skiera, B 2012, 'Using discrete choice experiments to estimate willingness-to-pay intervals', MARKETING LETTERS, vol. 23, no. 3, pp. 761-776.
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Willingness-to-pay has always been conceptualized as a point estimate, frequently as the price that makes the consumer indifferent between buying and not buying the product. In contrast, this article estimates willingness-to-pay (WTP) as an interval based on discrete choice experiments and a scale-adjusted latent-class model. The middle value of this interval corresponds to the traditional WTP point estimate and depends on the deterministic utility; the range of the interval depends on price sensitivity and the utility's error variance (scale). With this conceptualization of WTP, we propose a new measure, the attractiveness index, which serves to identify attractive consumers by combining knowledge about their price sensitivities and error variances. An empirical study demonstrates that the attractiveness index identifies the most attractive consumers, who do not necessarily have the largest WTP point estimates. Furthermore, consumers with comparable preferences can differ in their purchase probability by an average of 16%, as reflected in differences in their WTP intervals, which yields implications for more customized target marketing.
Schmidt, C, Zhao, L & Terry, C 2012, 'S&p/ASX 200: Does change in membership matter?', JASSA, vol. 3, no. 4, pp. 12-18.
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Studies over recent decades of the return effects for the stocks added to and deleted from the S&P 500 have documented the so-called 'S&P game', where traders could profit from stock price reactions to changes in the index's composition. Studies on the All Ordinaries Index covering the 1990s also found profitable trading opportunities over the pre-announcement period. Our study of the effects of changes in the composition of the S&P/ASX 200 from its introduction (in April 2000) to June 2009 found these pre-announcement opportunities were eliminated but that potential exists for the 'S&P/ASX 200 game' between announcement and implementation dates.
Schulenkorf, N 2012, 'Sustainable community development through sport and events: A conceptual framework for Sport-for-Development projects', SPORT MANAGEMENT REVIEW, vol. 15, no. 1, pp. 1-12.
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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 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 initiatives 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 understanding and measuring direct social impacts and sustainable social outcomes for (disparate) communities. The S4D Framework presents a holistic yet flexible management tool that can take account of cultural heterogeneity and program diversity, while shaping implementation, directing evaluation, and encouraging future planning of development initiatives. To conclude, this paper suggests different ways in which the S4D Framework can be empirically tested and validated through both qualitative and quantitative research.
Schulenkorf, N & Edwards, D 2012, 'Maximizing Positive Social Impacts: Strategies for Sustaining and Leveraging the Benefits of Intercommunity Sport Events in Divided Societies', JOURNAL OF SPORT MANAGEMENT, vol. 26, no. 5, pp. 379-390.
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Building on the evidence of social impacts generated by sport events, there is a need for research to identify strategies suitable for maximizing event benefits for disparate interest communities. This paper investigates the opportunities and strategic means for sustaining and leveraging social event benefits arising from intercommunity sport events in the ethnically divided Sri Lanka. Following an interpretive mode of inquiry, findings are derived from the analysis of two focus groups and 35 in-depth interviews with Sinhalese, Tamil, Muslim and international event stakeholders. To maximize event benefits, findings suggest that event organizers and host communities focus strategically on children as catalysts for change; increase ethnically mixed team sport activities; provide event-related sociocultural opportunities; combine large-scale events with regular sport-for-development programs; and engage in social, cultural, political and educational event leverage. By implementing these strategies and tactics, intercommunity sport events are likely to contribute to local capacity building and inclusive social change, which can have flow-on effects to the wider community. These findings extend the academic literature on strategic event planning, management and leverage, as they provide a focus on community event leverage for social purposes in a developing world context â an area which has thus far received limited empirical research.
Schweinsberg, SC, Wearing, SL & Darcy, S 2012, 'Understanding communities' views of nature in rural industry renewal: the transition from forestry to nature-based tourism in Eden, Australia', JOURNAL OF SUSTAINABLE TOURISM, vol. 20, no. 2, pp. 195-213.
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This scoping paper examines the complex issue of assessing and understanding community views about the restructuring towards nature-based rural tourism of traditional agriculture and forestry rural economies and their activities that had hitherto shaped local identities. It shows how individual resident perceptions can be included within social impact assessment through the use of psychological methods and discusses the relative merits of using personal construct theory -based repertory grids. Ten repertory grid interviews were completed in Eden, New South Wales, Australia. The findings present both the resulting repertory grids and a more detailed discussion of the interpretation of the grids through two narratives that focus on residents considering what, in their opinion, constitutes a sustainable utilisation of local forest land. The discussion examines how the results of this type of analysis can be used to understand individual residents' decisions to support or reject nature-based tourism proposals in favour of traditional extractive forest-industry sectors. It shows how this assessment system could aid planners in reconciling stakeholder conflict over the ideal usage of public forest land by offering a structured means of giving heterogeneous rural communities a formal voice in tourism-planning processes.
Scotti, M 2012, 'Delegated portfolio management with career concerns', Journal of Economic Behavior & Organization, vol. 84, no. 3, pp. 829-839.
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The paper proposes a model of delegated portfolio management in which career concerns lead to unprofitable trade by uninformed managers (i.e. churning). We find that churning does not necessarily reduce the return that a representative investor expects ex-ante from delegating trade to a manager. As uninformed managers churn, the level of noise in the market increases and informed managers generate higher returns than in the absence of churning. When fundamental volatility is relatively low, uninformed managers trade less aggressively and the high returns expected from informed managers more than compensate the losses expected from uninformed managers. While career concerns generally lead to an increase in trade volume, the pattern of churning that we highlight also implies that both the volume of uninformed trade and the aggregate volume of trade are positively related to the level of asset riskiness.
Selvarajah, C, Chelliah, J & Lee, H 2012, 'Dynamism of Chinese Entrepreneurship in Australia', Contemporary Management Research, vol. 8, no. 1, pp. 3-26.
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This study identifies the key factors that enable Chinese entrepreneurs to set up and operate their business ventures in Australia. Data was collected from 200 Chinese entrepreneurs through a survey questionnaire and was analysed using factor analysis and regression analysis. The findings show that key factors, such as background of entrepreneurs, entrepreneurial motivations, traditional Confucian values, difficulties and hurdles faced, and the vision of expanding overseas contributed to the success of the businesses. This research may be of interest to policy makers, small business consultants and academics because it highlights key success factors relevant to small ethnic Chinese based businesses and the challenges they face.
Siefken, K, Schofield, G & Schulenkorf, N 2012, 'Womens’ healthy lifestyle behaviour in urban Vanuatu–an in-depth investigation', Journal of Science and Medicine in Sport, vol. 15, pp. S286-S287.
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Siminski, P & Ville, S 2012, 'I Was Only Nineteen, 45 Years Ago: What Can we Learn from Australia’s Conscription Lotteries?', Economic Record, vol. 88, no. 282, pp. 351-371.
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The Australian conscription lotteries of 1965-1972 are a unique and underutilised resource for studying the effects of army service and veterans’ programs. Drawing on many data sources and 25 years of related US literature, we present a comprehensive analysis of this natural experiment, examining indicators of health, personal economic outcomes, family outcomes and educational attainment. We discuss the numerous potential mechanisms involved and the limitations of available data.
Siminski, P & Yerokhin, O 2012, 'Is the Age Gradient in Self-Reported Material Hardship Explained By Resources, Needs, Behaviors, or Reporting Bias?', REVIEW OF INCOME AND WEALTH, vol. 58, no. 4, pp. 715-741.
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Older people report much less hardship than younger people in a range of contexts, despite lower
incomes. Hardship indicators are increasingly influential, so the source of this age gradient has considerable
policy implications. We propose a theoretical and empirical strategy to decompose the sources
of this relationship. We exploit a unique feature of the Household, Income and Labour Dynamics
Australia (HILDA) survey, which collects reports of hardship from all adult household members. This
facilitates within-couple estimates, allowing us to identify age-related reporting bias. The majority of
the raw age–hardship gradient is explained by observed resources, particularly wealth and home
ownership. One third of the relationship is explained by unobserved differences between households,
which we interpret as age-related behavioral choices. Reporting error does not appear to contribute to
the age gradient.
Sinha, A & Gazley, A 2012, 'Special issue on pricing and revenue management models in marketing', Journal of Revenue and Pricing Management, vol. 11, no. 3, pp. 251-252.
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Sinha, A & Sahgal, A 2012, 'Retail revenue optimization: The past, the present and the future', Journal of Revenue and Pricing Management, vol. 11, no. 3, pp. 319-321.
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Retail Revenue Optimization is an area that has received widespread attention both by practitioners and academics alike. Grappling with the reality of reduced consumer spending and squeeze on profit margins, retailers are turning to companies that can peer into the mind of the consumer to make more informed and effective decisions. One such solution embeds pricing within the Enterprise Resource Planning system. We discuss several advancements in this area over the last decade, and conclude with a brief discussion of unresolved issues that require further attention. © 2012 Macmillan Publishers Ltd.
Sklibosios Nikitopoulos, C & Platen, E 2012, 'Alternative Term Structure Models for Reviewing Expectations Puzzles', International journal of economic research, vol. 10, no. 2, pp. 361-384.
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Small, J, Darcy, S & Packer, T 2012, 'The embodied tourist experiences of people with vision impairment: Management implications beyond the visual gaze', Tourism Management, vol. 33, no. 4, pp. 941-950.
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This paper reports the findings of a qualitative study that investigated the embodied tourist experiences of 40 people who are vision impaired. The study, informed by the concept of "embodied ontology", explored the corporeal and socially constructed experience of tourism. The findings highlighted the benefit of holidays for the participants and de-centred the "visual gaze" in the tourist experience. The quality of the tourist experience related to participants' feelings of inclusion or exclusion in terms of their access to information, experience of wayfinding, travelling with a guide dog, and the knowledge and attitudes of others. It was evident that participants needed to manage their tourist experiences closely and constantly. The paper concludes that the tourism industry and community must understand the multi-sensory nature of the tourist experience if quality accessible experiences are to be available for tourists with vision impairment. Provision of multi-sensory experiences also enhances the experiences of sighted tourists.
Song, H, Dwyer, L, Li, G & Cao, Z 2012, 'Tourism economics research: A review and assessment', Annals of Tourism Research, vol. 39, no. 3, pp. 1653-1682.
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Spanjol, J, Tam, L & Rosa, JA 2012, 'Unintended effects of implementation intentions on goal pursuit initiation vs. persistence: Substitution and acceleration', Advances in Consumer Research, vol. 40, pp. 924-925.
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When trying to achieve a goal (such as losing five pounds), people run into problems with getting started (begin controlling one's diet), keeping at it (continue cutting out the sugar), or both. Failure at either initiation or persistence in goal striving reduces goal attainment significantly. One way to overcome these challenges is to form implementation intentions (i.e., make detailed plans on when, where, and how to enact goal-directed behaviors, Gollwitzer 1999). Implementation intentions improve action initiation under cognitive load (Brandstaetter, Lengfelder, and Gollwitzer 2001), and shield goal pursuit behaviors from distractions (Bayer, Gollwitzer, and Achtziger 2010). Most implementation intentions research focuses on the outcome (i.e., goal attainment), not distinguishing between initiation and persistence or examining them independently (Gollwitzer and Sheeran 2006). It is unclear if planning out goal-directed behaviors is equally effective for starting and persisting in goal pursuit and what the underlying mechanisms are. The present research addresses this gap. © 2012.
Stavrunova, O & Yerokhin, O 2012, 'Two-part fractional regression model for the demand for risky assets', APPLIED ECONOMICS, vol. 44, no. 1, pp. 21-26.
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Empirical studies of household portfolio choices are often interested in quantifying the effects of various covariates on the fraction of a households wealth invested in risky assets such as common stocks. The preferred econometric specification in these studies is the two-limit Tobit model, which can accommodate the fractional nature of the dependent variable. However, it is restrictive, because it assumes that the same data generating process determines both whether households participate in the stock market and the fraction of wealth invested in stocks. This article demonstrates that, in this setting, a two-part version of the fractional response model of Papke and Wooldridge (1996) constitutes an attractive alternative to Tobit by comparing the performance of the two models using data on portfolio choices of Australian households. We find that (1) the Tobit model is rejected by our data in favour of a two-part specification; and (2) marginal effects of covariates on the share of risky assets conditional on participation estimated from Tobit are confounded by the effects of these covariates on the participation decision.
Sutcliffe, PJ, Solomon, A & Edwards, J 2012, 'Computing the variance of tour costs over the solution space of the TSP in polynomial time', Computational Optimization and Applications, vol. 53, no. 3, pp. 711-728.
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We give an O(n 2) time algorithm to find the population variance of tour costs over the solution space of the n city symmetric Traveling Salesman Problem (TSP). The algorithm has application in both the stochastic case, where the problem is specified in terms of edge costs which are pairwise independently distributed random variables with known mean and variance, and the numeric edge cost case. We apply this result to provide empirical evidence that, in a range of real world problem sets, the optimal tour cost correlates with a simple function of the mean and variance of tour costs
Suzuki, T 2012, 'Competitive problem solving and the optimal prize schemes', Games and Economic Behavior, vol. 75, no. 2, pp. 1009-1013.
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Agents compete to solve a problem. Each agent simultaneously chooses either a safe method or a risky method to solve the problem. This paper analyzes a prize scheme as an incentive to induce the optimal risk-taking level which maximizes the designer's interest. It is shown that whenever the winner-take-all scheme induces excessive risk-taking, there exists a prize scheme which induces the optimal risk-taking. Moreover, the existence of such a prize scheme is guaranteed if the number of competitors is sufficiently large.
Suzuki, T 2012, 'Complementarity of behavioral biases', Theory and Decision, vol. 72, no. 3, pp. 413-430.
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I investigate the complementarity of behavioral biases in a simple invest- ment problem. The agent has incomplete knowledge about the correlation between fitness and the decision environment. Nature endows the agent with a decision pro- cedure so that the induced action can reflect this correlation. I show that the agent with this decision procedure always exhibits (i) present biased time preference, (ii) distorted beliefs, and (iii) cognitive dissonance. The three biases are complements and the absence of one of them destroys the value of the other two. The decision procedure also provides insights into the non-fungibility of savings.
Tam, L & Spanjol, J 2012, 'When impediments make you jump rather than stumble: Regulatory nonfit, implementation intentions, and goal attainment', Marketing Letters, vol. 23, no. 1, pp. 93-107.
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Taylor, S & Wong, L 2012, 'Robust anomalies? A close look at accrual-based trading strategy returns', ACCOUNTING AND FINANCE, vol. 52, no. 2, pp. 573-603.
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The last 40 years have seen an extensive literature documenting so-called anomalies in major capital markets. Evidence of abnormal returns associated with trading strategies based on readily observable phenomena such as accounting-based data involves experimental design choices that can be expected to influence the results. We show how evidence of an accrual anomaly in Australia is sensitive to research design specifications such as the choice of proxy for total accruals; the definition of abnormal returns (i.e. the return generating model); the impact of data trimming as a response to exceptionally large returns; and the choice between value and equal weighting of returns. We show that research design choices do matter and help reconcile conflicting prior evidence of any accrual anomaly in Australia. More broadly, our results suggest the need for caution in drawing inferences from trading strategy tests which claim to identify anomalies.
Teo, STT, Segal, N, Morgan, AC, Kandlbinder, P, Wang, KY & Hingorani, A 2012, 'Generic skills development and satisfaction with groupwork among business students', Education + Training, vol. 54, no. 6, pp. 472-487.
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PurposeThe purpose of this study is to examine variables explaining students’ positive and negative experiences of groupwork and connect country of residence with the perception of generic skills development and self‐reported satisfaction with groupwork. It also aims to examine the effect of prior training in groups from the perspective of Australian and Non‐Australian permanent residency Business students.Design/methodology/approachRespondents were 389 undergraduate and postgraduate Business students at an Australian metropolitan university. A path model was developed and analysed using partial least squares modeling.FindingsStudents’ country of residence had a significant influence on reporting of generic skill development and experience of groupwork. Self‐reported improvement in generic skills after groupwork assessment was associated with reporting of fewer negative and more positive aspects of working in groups.Research limitations/implicationsThe findings were limited by using data collected from students enrolled in one undergraduate and one postgraduate subject at the conclusion of a group assignment from one university. Future research should test the model by extending it to other universities and non‐Business units. Future research should rely on a longitudinal design, where the survey is carried out at the beginning and the end of the group assessment.Practical implicationsIt is important to ensure both domestic and international students acquire generic skills through groupwork and that prior training in...
Van de Venter, G, Michayluk, D & Davey, G 2012, 'A longitudinal study of financial risk tolerance', JOURNAL OF ECONOMIC PSYCHOLOGY, vol. 33, no. 4, pp. 794-800.
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Academics are divided as to whether financial risk tolerance is an enduring psychological trait and as a consequence is less likely to change over the life of an individual, or a variable psychological state which varies readily in response to internal and external influences. In this study we report the findings of a longitudinal study that investigates the annual change in financial risk tolerance scores of individuals over a 5. year period and the factors that influence such change. Our results indicate a relatively small annual change in individuals' financial risk tolerance. Although our regression model is ineffective in providing a clarification for a change in the financial risk tolerance scores of individual respondents, we find a slight decrease in financial risk tolerance associated with a decrease in household size and an increase in financial risk tolerance after terminating the services of a financial planner. From our results we propose that financial risk tolerance is a stable personality trait and is unlikely to change substantially over the life of an individual.
Van den Hoven, P & Frawley, S 2012, '‘Aussie Aussie Aussie, Guus Guus Guus’. Guus Hiddink’s reign as the coach of the Socceroos: a comparative cultural media analysis', Soccer & Society, vol. 13, no. 1, pp. 97-106.
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In 2005, a Dutch `super coach by name of Guus Hiddink achieved what many Australian football fans thought was an almost impossible task: he managed to lead the Australian football team to qualification for the 2006 FIFA World Cup. This was only the second time Australia had qualified to play in this tournament, with the previous success being 32 years prior, in 1974. The purpose of this essay is to explore how the Australian and Dutch media covered Hiddinks time as Australias national football coach. The research has utilized Hofstedes cultural dimensions theory in order to understand the similarities and differences between how both media represented Hiddinks time in Australia. As outlined by Hofstede, Australian and Dutch societies maintain a number of similarities. They are similar in respect to the cultural dimensions of power distance, individualism and uncertainty avoidance. It was found however that both nations were substantially different in relation to Hofstedes cultural dimension termed `masculinity versus femininity.
Veal, AJ 2012, 'FIT for the purpose? Open space planning standards in Britain', Journal of Policy Research in Tourism, Leisure and Events, vol. 4, no. 3, pp. 375-379.
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Open space is often neglected in academic discussion of leisure policy, yet local authorities in England are responsible for 94,000 ha of formal parks, 4400 ha of equipped playgrounds and 285,000 ha of other public open space, involving a net annual expenditure £750m, which is greater than the expenditure on, for example, indoor sport and sport development (£630m) (Chartered Institute of Public Finance and Accountancy [CIPFA], 2009). Furthermore, visiting parks is arguably the most popular of publicly facilitated leisure activities after the use of public broadcasting (Veal, 2006) and with continued urban renewal, and population growth in England and Wales of a million every 4 years (Office for National Statistics, 2008), the provision of open space, as a component of new urban infrastructure, remains a significant public policy issue.
Veal, AJ 2012, 'The leisure society II: the era of critique, 1980–2011', World Leisure Journal, vol. 54, no. 2, pp. 99-140.
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The ``leisure society thesis was developed primarily in the 1960s and 1970s and a recent paper in the World Leisure Journal summarised the relevant literature from that period and analysed contemporary recollections of it (Veal, 2011). This paper follows the story of the leisure society thesis since 1980. Set against the background of discussions of work and leisure in periods of high unemployment, the work ethic, working hours, post-work and worklife balance, the paper reviews the post-1980 offerings of proponents, analysts and critics of the leisure society thesis. A four-fold typology of leisure society conceptualisations and reduced-work future scenarios is proposed, comprising: the current leisure society; the evolutionary leisure society; the leisure society as a political project; and other reduced-work scenarios/projects. The second half of the paper reviews literature that is analytical, ambivalent and/or definitional regarding the leisure society thesis and that which is critical. This involves discussion of the failure of paid working hours to fall in the second half of the twentieth century as had been predicted, and appraisal of a range of critical theoretical/conceptual issues. While the significance of the leisure society thesis as an early project of leisure studies is debatable, and it is clearly now an historical reference point rather than a current project, the question is raised as to why the leisure studies community has failed to join with others who are pursuing the cause of reduced paid working hours for all.
Veal, AJ, Toohey, K & Frawley, S 2012, 'The sport participation legacy of the Sydney 2000 Olympic Games and other international sporting events hosted in Australia', Journal of Policy Research in Tourism, Leisure and Events, vol. 4, no. 2, pp. 155-184.
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The legacy of an Olympic Games in a host city or country can take a variety of forms, including non-sporting benefits, such as enhanced urban infrastructure and national and international tourism profile, and sporting benefits, such as improved sporting facilities, strengthened sports organisations and potential increases in grassroots sport participation. This paper concentrates on the last of these, particularly in regard to the Sydney 2000 Olympic Games. The paper examines claims by the Olympic movement concerning increased sports participation as a legacy and examines available evidence to consider whether the hosting of the Games boosted sports participation in Australia. While some estimates suggest that participation did increase following the hosting of the 2000 Olympics, the failure of relevant organisations to maintain an adequate and consistent data collection regime makes this conclusion extremely speculative. From 2001 onwards, with the existence of a more stable data collection system and increasing awareness of the idea of a sport participation legacy, it is possible to make more reliable estimates of the pattern of grassroots sports participation following the hosting of the 2003 Rugby World Cup and the 2006 Melbourne Commonwealth Games. However, even when reliable and consistent participation data are available, the question of causality in the context of the wider sport development and participation system remains to be addressed.
Waller, DS 2012, 'A Longitudinal Study of Pro Bono Activities Reported by WPP Group', Social Marketing Quarterly, vol. 18, no. 3, pp. 234-246.
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As organizations formalize their corporate social responsibility (CSR) activities, many firms are voluntarily disclosing these activities in their annual report. Some advertising agencies, for example, are discovering the benefits of undertaking pro bono work and reporting them in their annual reports. This article uses a longitudinal approach to observe the pro bono activities presented in the annual reports of the largest advertising agency holding company in the world, WPP Group. The amount of “social investment” has been disclosed in the annual reports including details of the financial cost of pro bono activities and the types of organizations that are the recipients. This study provides an insight into the disclosed pro bono activities of a major organization across a 10-year period (2000–2009).
Waller, DS 2012, ''Truth in Advertising': The Beginning of Advertising Ethics in Australia', JOURNAL OF MASS MEDIA ETHICS, vol. 27, no. 1, pp. 46-56.
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In Australia, as in many countries, the early advertising industry had a poor reputation for honesty. However, in 1920 "truth in advertising" and raising ethical behavior became the focus of the Second Convention of Advertising Men of Australasia, held in Sydney. This was a major event in Australia's advertising history and was seen as a way to legitimize the industry in the eyes of those who doubted advertising's honesty. This paper will look at the Sydney Advertising Convention, with particular reference to quotes from presenters and the establishment of self-regulatory bodies, to help gain an insight into the beginning of a system to observe ethical behavior in advertising.
Wang, KY, Wang, Y, Huang, K-P & Deng, J 2012, 'Heterogeneous networks and resource acquisition of SMEs in emerging economies', Quality & Quantity, vol. 46, no. 5, pp. 1643-1657.
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It is acknowledged that social capital plays an important role in the growth of entrepreneurial firms. However, few studies have examined the contribution and function of social capital networks that contain structural holes (heterogeneous networks) in emerging economies. It is not clear how trustworthiness and behavioural commitment impact on effectiveness of these networks in obtaining resources. This study explores how heterogeneous networks characterize successful entrepreneurship of small-medium enterprises in such setting. We find that behavioural commitmentmoderates the relationship between heterogeneous networks and resource acquisition, while trustworthiness does not significantly moderate this relationship. The impact of the findings on the literature and practice in emerging economies is discussed, as is the need for future research in this domain.
Wei, L & Xiao, J 2012, 'Factors affecting the take-off of innovative technologies: evidence from digital cameras', Applied Economics, vol. 44, no. 32, pp. 4143-4152.
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While technological innovations are important for many industries, takeoff sales for innovative products can have long lead times due to a variety of factors. This article identifies the main parameters affecting digital camera take-off sales in the US between 2001 and 2004. The study constructs an empirical model for film and digital camera shipments and finds that digital cameras primarily served as a substitute for low-end film compacts rather than high-end film Single-Lens Reflex (SLR) cameras. Also, growth in household PC ownership and Windows XP market share were the main contributing factors to the decline of film cameras, with PC penetration rate as the most important factor for digital camera diffusion. © 2012 Taylor & Francis.
Wells, PA, Waller, DS & Lanis, R 2012, 'TV Licenses in Australia: Barriers to competition, big bucks and the impact of new media', Australian Journal of Communication, vol. 39, no. 2, pp. 59-72.
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Commercial television licences are awarded to television companies by the Federal Government and are the mechanism through which the industry is regulated in Australia. Major considerations in the design of this regulation system are that the industry should be 'financially viable' and, for reasons of maintaining 'cultural identity', encourage the production of local content. However, restricting the availability of television licences also represents a significant barrier to competition within the industry, which has resulted in high returns to the owners of the licences, although this has changed significantly with the growth of new media. This study considers the television licensing system in Australia, and how this is changing in the new media environment
Wieder, B, Ossimitz, M & Chamoni, P 2012, 'The Impact of Business Intelligence Tools on Performance: A User Satisfaction Paradox?', International Journal of Economic Sciences and Applied Research, vol. 5, no. 3, pp. 7-32.
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While Business Intelligence (BI) initiatives have been a top-priority of CIOs around the world for several years, accounting for billions of USD of IT investments per annum (IDC), academic research on the actual bene?ts derived from BI tools and the drivers of these bene?ts remain sparse. This paper reports the ?ndings of an exploratory, cross-sectional ?eld study investigating the factors that de?ne and drive bene?ts associated with the deployment of dedicated BI tools. BI is broadly de?ned as an analytical process which transforms fragmented data of enterprises and markets into action-oriented information or knowledge about objectives, opportunities and positions of an organization; BI tools are software products primarily designed and deployed to support this analytical process (e.g. data warehouse software, data mining software, digital dashboards applications).
Wright, S, Dyball, MC, Byers, P & Radich, R 2012, 'Preparing Students for an International Career: The Case for Contextualizing and Integrating Ethics Education', Asian Social Science, vol. 8, no. 14, pp. 97-108.
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A key aim of IFAC (International Federation of Accountants)'s International Education Standard 4 (IES4) is to raise the ethical awareness of candidates preparing for careers as accounting professionals. This paper reports the results of a survey of undergraduate accounting students at an Australian university, and develops an approach for the implementation of IES4 in business schools with culturally diverse student populations. The survey asks students at different stages of their programs about the contribution of tertiary education to their ethical ideas, drawing conclusions based on their culture, year of study, career intentions, age and gender. It then suggests ways of teaching ethics that value and integrate students' diverse experiences and cultural backgrounds, as well as their existing knowledge. Such initiatives could expand the horizons of students from all cultural backgrounds by increasing their cultural sensitivity and awareness of ethics as an issue of relevance to their professional careers.
Young, KL 2012, 'Transnational regulatory capture? An empirical examination of the transnational lobbying of the Basel Committee on Banking Supervision', Review of International Political Economy, vol. 19, no. 4, pp. 663-688.
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In January 2008, institutions across the G-lO countries responsible for regulating banks within their jurisdictions implemented the new Basel Capital Accord, now commonly known as Basel II. This new standard for bank regulation replaces the first Basel Accord adopted in 1988 and introduces several innovations designed to improve the effectiveness of bank regulation and to reduce the likelihood of large bank collapses and the associated possibility of financial instability. Such a new policy framework has important implications for welfare and interest rate policy. A framework that successfully reduces the occurrence of financial crises is also likely to reduce the number of damaging episodes of economic downturn (such as that recently observed in the United States as a result of the subprime crisis) 'and the frequency with which monetary policy needs to be called upon to repair the damage of such downturns. Because interest rates affect the distribution of income, these changes also have potential political economy implications.
Yu, KH 2012, 'Formal organizations and identity groups in social movements', Human Relations, vol. 65, no. 6, pp. 753-776.
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Formal organizations advancing the goals of identity-based social movements and identity groups have become increasingly interdependent. The former often lacks legitimacy in the eyes of stakeholders and the latter typically possesses insufficient organizational capacity. In principle, the transfer of ideas and resources between formal organizations in social movements and social identity groups can result in organizational innovation that revives the formal organization while at the same time enhancing the status of the identity group. But in practice, collaborations between formal organizations and identity groups often result in identity groups being overpowered by formal organizations. This article compares outcomes for identity groups in two cases of trade unions adopting the causes of identity-based social movements to examine the role of organizational processes in explaining outcomes for identity group members. The findings from the comparative cases analyzed here suggest that identity group members must be able to influence organizational processes in order to impact how they are incorporated into the formal organization. © The Author(s) 2012.
Yu, K-H 2012, 'Formal organizations and identity groups in social movements', Human Relations, vol. 65, no. 6, pp. 753-776.
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Formal organizations advancing the goals of identity-based social movements and identity groups have become increasingly interdependent. The former often lacks legitimacy in the eyes of stakeholders and the latter typically possesses insufficient organizational capacity. In principle, the transfer of ideas and resources between formal organizations in social movements and social identity groups can result in organizational innovation that revives the formal organization while at the same time enhancing the status of the identity group. But in practice, collaborations between formal organizations and identity groups often result in identity groups being overpowered by formal organizations. This article compares outcomes for identity groups in two cases of trade unions adopting the causes of identity-based social movements to examine the role of organizational processes in explaining outcomes for identity group members. The findings from the comparative cases analyzed here suggest that identity group members must be able to influence organizational processes in order to impact how they are incorporated into the formal organization.
Zaman, T, Paul, SK & Azeem, A 2012, 'Sustainable operator assignment in an assembly line using genetic algorithm', International Journal of Production Research, vol. 50, no. 18, pp. 5077-5084.
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ZHANG, J & CASARI, M 2012, 'HOW GROUPS REACH AGREEMENT IN RISKY CHOICES: AN EXPERIMENT', Economic Inquiry, vol. 50, no. 2, pp. 502-515.
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Zlatevska, N & Spence, MT 2012, 'Do Violent Social Cause Advertisements Promote Social Change? An Examination of Implicit Associations', PSYCHOLOGY & MARKETING, vol. 29, no. 5, pp. 322-333.
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Violent content is used in social cause advertising campaigns as a means of discouraging antisocial attitudes and behaviors, despite the fact that findings regarding the effectiveness of including violence in advertisements are equivocal. The present research explores the efficacy of violent advertisements by investigating how such ads affect implicit associations with violent words/acts. The importance of implicit associations is that they can affect judgments and behaviors long after explicit memory for the advertisement has decayed. The findings of the research point to the prevalence of individual differences in response to violent ads. Specifically, social cause advertisements are effective in weakening implicit associations with violence for nonaggressive individuals, as would be desired. However, these campaigns strengthen implicit associations for aggressive individuals. Ameliorating their aggressive associations would be advantageous both to the individual and society; however, the results suggest such advertisements make matters worse. © 2012 Wiley Periodicals, Inc.
Agarwal, R & Selen, W 1970, 'The impact of Culture, Leadership, Governance, and ICT Systems on Service Innovation in Service Value Networks', The IEEE International Conference on Industrial Engineering and Engineering Management (IEEM) 2012, IEEE International Conference on Industrial Engineering and Engineering Management (IEEM), IEEE, Hong Kong, pp. 1-5.
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This study investigates the impact of organisational leadership and governance, ICT infrastructure and organizational culture on innovation in services, using empirical data from a major Australian telecommunication service provider and its partnering organisations. Our empirical results show that governance, leadership, organisational culture, and ICT integration attributes all contribute significantly to the creation and delivery of innovation in services. Governance strategies tend to structure and regulate the conduct of the parties in an exchange, however when integrated, they constrain the latitude of decision making within the relationship. It is important that an environment of mutual support and culture is created to establish volitional compliance amongst partners. This is possible only through collaborative communication, openness and trust, with seamless integration of ICT systems, which allows transparent flow of information for real-time decision making.
Bajada, C & Trayler, RM 1970, 'Rules versus practice: Governance in the financial services sector', 74th International Atlantic Economic Conference, Montreal, Canada.
Bajada, C & Trayler, RM 1970, 'Rules versus practice: Governance in the financial services sector', Financial Markets and Corporate Governance Conference, Melbourne, Australia.
Ball, F, Tyler, JV & Wells, PA 1970, 'The professional and personal auditor relationship: Examining auditor tenure at IFRS transition in Australia', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Barton, C, Schlenker, K & Edwards, DC 1970, 'Understanding Corporate Social Responsibility in Small and Medium Tourism Businesses', The new Golden Age of Tourism Hospitality. Proceedings of the 22th Annual Council for Australian University Tourism and Hospitality Education, CAUTHE, CAUTHE Conference, CAUTHE, Melbourne, Victoria, pp. 59-76.
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It is widely believed that Small and Medium Enterprises (SMEs) face many constraints in engaging in Corporate Social Responsibility (CSR). It is also believed that SMEs require guidelines and tools to successfully implement CSR. One commonly acknowledged gap in research on CSR in SMEs is that it needs to be sector and region specific, as the tools and guidelines needed by SMEs will differ depending on their industry and geographic location. This research addresses this gap, by examining CSR engagement in Small and Medium Tourism Enterprises (SMTEs) based in the Blue Mountains, New South Wales, Australia. A mixed methods approach was used, revealing that owner-managed SMTEs engage in CSR for personal reasons, whereas non owner-managed businesses engage in CSR mainly for the business benefits they may realise. Finally, a model is presented that reflects three types of CSR engagement identified in SMTEs: reactive, proactive and active.
Beck, MJ, Chorus, C, Rose, J & Hensher, DA 1970, 'Random regret and random utility in the household purchase of a motor vehicle.', 92nd Annual Meeting of the Transportation Research Board, Annual Transportation Research Board Meeting, Transportation Research Board (TRB), Washington D.C., United States.
Beck, MJ, Fifer, S & Rose, J 1970, 'Hypothetical bias and certainty scaling: an examination of multiple methods of calibrating stated preference experiments.', 13th International Conference of the International Association for Travel Behaviour Research IATBR, International Conference on Travel Behavior Research, Toronto, Canada.
Beck, MJ, Rose, J & Hensher, DA 1970, 'Comparison of Group Decision Making Models: A Vehicle Purchasing Case Study', 13th International Conference of the International Association for Travel Behaviour Research IATBR, International Conference on Travel Behavior Research, Toronto, Canada.
Bedford, DS 1970, 'Controlling contradictory modes of innovation and implications for firm performance', Manufacturing Accounting Research Conference, Helsinki, Finland.
Bedford, DS 1970, 'Controlling contradictory modes of innovation and implications for firm performance', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Beirman, D 1970, 'The Evolution of A travel Awareness programme for all Australian Travellers', Global Business Travel Association Australia/New Zealand Conerence 2012, Westin Hotel Sydney, NSW, Australia.
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This paper examined the development of the Charter for Safe Travel which was an agreement between the Australian Department of Foriegn Affairs and Trade. The Charter provideded a framewok and the means for the Australian travel industry to have input into the structure and content of Australian government travel advisories.
Brown, BL, Cohen, A & Bennett, G 1970, 'Using Motivational Theories to Enhance Attendance', RESEARCH QUARTERLY FOR EXERCISE AND SPORT, American Alliance for Health, Physical Education, Recreation and Dance, ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, Boston, pp. A92-A92.
Brown, PJ, Agarwal, R, Hooper, M & Pitsis, TS 1970, 'The association between management practices and employee affective state in Australian manufacturing firms', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Bugeja, M & Loyeung, AL 1970, 'Goodwill accounting and takeover premiums: pre- and post- IFRS', American Accounting Association Annual Meeting and Conference on Teaching and Learning in Accounting, American Accounting Association, Washington, DC.
Bugeja, M, Czernkowski, RM & Moran, DV 1970, 'Did IFRS 8 increase segment disclosures?', American Accounting Association Annual Meeting and Conference on Teaching and Learning in Accounting, American Accounting Association, Washington, DC.
Bugeja, M, Czernkowski, RM & Moran, DV 1970, 'Did IFRS 8 increase segment disclosures?', AFAANZ Conference, AFAANZ, Melbourne, Australia.
Bugeja, M, Czernkowski, RM & Moran, DV 1970, 'Did IFRS 8 increase segment disclosures?', British Accounting and Finance Association Annual Conference 2012, British Accounting and Finance Association, Brighton, United Kingdom.
Bugeja, M, Matolcsy, ZP & Spiropoulos, H 1970, 'Is there a gender gap in CEO compensation?', British Accounting and Finance Association Annual Conference 2012, British Accounting and Finance Association, Brighton, United Kingdom.
Bugeja, M, Matolcsy, ZP & Spiropoulos, H 1970, 'Is there a gender gap in CEO compensation?', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Bugeja, M, Patel, VG & Walter, T 1970, 'The microstructure of Australian takeover announcements', World Finance Conference, Rio de Janeiro, Brazil.
Carrillat, F, d'Astous, A & Davoine, V 1970, 'The sponsor-audience geographical match as a dimension of event-sponsor fit: An investigation in France and Canada', Proceedings of the Australian and New Zealand Marketing Academy Conference, Australian and New Zealand Marketing Academy Conference, Australian and New Zealand Marketing Academy, Adelaide, Australia.
Chen, S & Williams, M 2012, 'Information Makes A Difference For Privacy Design', PACIS 2012 PROCEEDINGS, Pacific Asia Conference on Information Systems, PACIS, Ho Chi Minh City, pp. 1-13.
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In the current information age, information can make a difference to all aspects of ones life, emotionally, ethically, financially or societally. Information privacy plays a key role in enabling a difference in many dimensions such as trust, respect, reputation, security, resource, ability, employment, etc. The capability of information to make a difference to ones life is a fundamental factor; and privacy status of information is a key factor driving this difference. Understanding the impact of these two factors to ones life within an IS context is an important research gap in the discipline. This paper studies information + privacy, ontologically and integrally, in making a difference to ones life, within the IS context. In recognition of the importance of the Privacy-by- Design approach to IS development, a methodology is proposed to understand the grounds of information and model fundamental constructs for using Privacy-by-Design approach to develop robust privacy-friendly information systems
Chiarella, C, Kang, B & Nikitopoulos Sklibosios, C 1970, 'Humps in the volatility structure of the crude oil futures market: New evidence', Seminar Presentation, Sydney Institute of Language and Commerce, Shanghai University, Shanghai, China.
Chiarella, C, Kang, B & Nikitopoulos Sklibosios, C 1970, 'Humps in the volatility structure of the crude oil futures market: New evidence'', Seminar Presentation, School of Commerce and the Centre for Applied Financial Studies, University of South Australia, Adelaide, Australia.
Chiarella, C, Kang, B, Nikitopoulos Sklibosios, C & To, T 1970, 'Humps in the volatility structure of the crude oil futures market: New evidence', 29th Spring International Conference of the French Finance Association, Strasbourg, France.
Chiarella, C, Kang, B, Nikitopoulos Sklibosios, C & To, T 1970, 'Humps in the volatility structure of the crude oil futures market: New evidence', Seminar Presentation, University of Cyprus, Cyprus.
Chiarella, C, Kang, B, Nikitopoulos Sklibosios, C & To, T 1970, 'Humps in the volatility structure of the crude oil futures market: New evidence', Asian Finance Association and Taiwan Finance Association 2012 Joint International Conference, Taipei, Taiwan.
Chiarella, C, Kang, B, Sklibosios Nikitopoulos, C & To, TD 1970, 'Humps in the Volatility Structure of the Crude Oil Futures Market: New Evidence', Seminar presentation, Manchester Business School, Manchester, UK.
Chowdhury, MMH, Dewan, MNA & Quaddus, MA 1970, 'Supply chain resilience to mitigate disruptions: A QFD approach', Proceedings - Pacific Asia Conference on Information Systems, PACIS 2012, Pacific Asia Conference on Information Systems, Association for Information Systems, Hochiminh City, Vietnam.
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With the increase in disruptions and vulnerabilities, demand for more resilient supply chain is echoed vibrantly in business world. It is important to develop resilient capability in right time because supply chain disruptions may be the cause of serious financial loss to the organizations as well as their supply chains. Supply chain managers need to identify supply chain disruptions and vulnerabilities so that they can develop resilience capability corresponding to those disruptions. In this paper, an Analytical Hierarchy Process (AHP) integrated Quality Function Deployment (QFD) technique has been used to identify prioritized vulnerabilities and corresponding resilience capability requirements. Such approach is still absent in the supply chain literature. An illustrative example has also been introduced to get a clear picture of the research process and future research plan.
Clifton, G & Rose, J 1970, 'A simulation to sensitivity test the simple Mohring model for enhanced bus services.', THREDBO 12: Recent developments in the reform of land passenger transport, International Conference on Travel Behavior Research, Elsevier, Toronto, Canada.
Collins, AT, Rose, J & Hensher, DA 1970, 'The random parameters attributes non-attendance model.', 13th International Conference of the International Association for Travel Behaviour Research IATBR, International Conference on Travel Behavior Research, Toronto, Canada.
Cotton, DJ 1970, 'Ambiguity in emissions markets', Behavioural Finance Working Group/Mergers and Acquisitions Research Centre Conference, London, UK.
Cotton, DJ 1970, 'Econometric analysis of Australian emissions market efficiency', 9th Conference on Applied Financial Economics, Samos, Greece.
Czernkowski, RM, Bugeja, M & Moran, DV 1970, 'Did IFRS 8 increase segment disclosures?', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Dalton, BM, Green, J & Edwards, M 1970, 'Social enterprise: challenge or opportunity for university nonprofit management programs.', International Society for Third-Sector Research 10th International Conference - Siena, Italy - July 2012., ISTR, Siena, Italy.
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What should be taught in nonprofit management programs? Is it a time to reposition and rebrand to embrace social entrepreneurship or do we risk challenging the academic legitimacy of distinct nonprofit programs? In 2005, Michael OâNeil described nonprofit management education (NME) as âlargely a phenomenon of the past two decades, [one that] has grown rapidly in the United States. The field was virtually nonexistent in 1980; by 2000 there were ninety-one masterâs degree programs with at least a concentration in NME... nearly one hundred undergraduate programs, and about fifty university based certificate programsâ (OâNeill, 2005, p. 5). In Australia, the status of the nonprofit education has also increased considerably; the number of academics with research and consulting experience in third-sector organizations has grown; new journals have emerged and the numbers of books sharply increased. By the mid-1990s, a small but visible presence of nonprofit sector management education had established itself. This rapid growth of these programs has been attributed to a number of trends. Foremost is the rapid professionalization and growth of the sector and a growing consensus that nonprofit management is distinct in a variety of ways that require suitably tailored university courses. In the last decade or so, however, rapid changes may have blurred sectoral boundaries. One major shift affecting the field has been the growing interest in social entrepreneurship and enterprise, a pattern that has already been observed in the US and UK (McKeown et al 2006; Eikenberry and Drapal Kluver 2004). This is mirrored at the university level, with interest in social enterprise perhaps stemming from the growing stature and prominence of entrepreneurship and business venturing in general within business schools (The number of colleges and universities that offer courses related to entrepreneurship in the US has grown from a handful in the 1970s to over 1,600 in Kuratko 2005). In ...
dela Rama, MJ & Errington, AE 1970, 'The Pivotal Role of and Pervasive Influence of Business Groups in East Asia', Managing for Volatility and Instability, Australian and New Zealand Academy of Management Conference, ANZAM, Perth Convention Center, Western Australia, pp. 1-28.
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Double peer-reviewed conference: 'The invitation to ANZAM members, both academic and practitioner, and professionals with a passion, interest and experience in management and associated fields to join us for the 26th ANZAM Conference resulted in the submissions of over 400 papers. After the traditional ANZAM double blind peer review under the guidance of the stream chairs, the papers that meet the required academic rigour and standard are included in these Conference Proceedings presented over the three day conference. The double blind peer review process resulted in the acceptance of 285 papers, all presented in the traditional ANZAM discipline and interest sessions as clustered by the stream chairs.'
Dewan, MNA, Chowdhury, MMH & Quaddus, MA 1970, 'Obtaining business process from value process in blended value based sustainable e-business modelling', 2012 15th International Conference on Computer and Information Technology (ICCIT), 2012 15th International Conference on Computer and Information Technology (ICCIT), IEEE, pp. 354-361.
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E-business modelling is already an established term as it converts technology into economic value. Sustainability is another global contemporary issue. While modelling e-business for sustainability it is essential to know the 'blended value process' of the proposed value based on which 'business process' is derived. The ability to incorporate between the blended value process and the business process is one of the imperative factors that play very significant roles for the companies to be competitive in today's exigent market. A number of research works exist on sustainability, e-business modelling, and value creation but none of them clearly explains the importance of incorporation between these two processes or how business process can be obtained from value process in e-business modelling. We, therefore, demonstrate in this article the process of how business process can be derived from blended value process in sustainable e-business modelling using process algebra. We also provide an illustrative example of our approach for enhanced understanding. © 2012 IEEE.
Dewan, MNA, Chowdhury, MMH & Quaddus, MA 1970, 'Qfd based modelling for E-business: A sustainable approach using blended value dimensions', Proceedings - Pacific Asia Conference on Information Systems, PACIS 2012, Pacific Asia Conference on Information Systems, Association for Information Systems, Hochiminh City, Vietnam.
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Business modelling is not new and has had substantial impacts on the way businesses are planned and operated these days. Although 'e-business' and 'sustainability' are the two current major global trends but surprisingly none of the e-business modelling ideas covers the sustainability aspects of the business. Researchers are introducing 'green IT/ICT' concept lately but none of them clearly explains how those concepts will be used by the e-business modelling ideas. Recently, companies are successfully using QFD as a powerful tool in various fields that addresses strategic and operational decisions in businesses. This research approach, therefore, develops a QFD based e-business model in conjunction with blended value and sustainability aspects. The model explores and determines the optimal design requirements in developing the model. This approach also demonstrates how the sustainability dimensions can be integrated with the value dimensions in developing an e-business model. This approach is unique in the sense that in developing the model sustainability concept is integrated with customer's value requirements, business's value requirements, and process's value requirements instead of only customer's requirements. QFD, AHP, and Delphi method are used for the analysis of the data. An illustration is provided for the enhanced understanding of the proposed approach.
Dewan, MNA, Chowdhury, MMH & Quaddus, MA 1970, 'The elements for sustainable E-business modelling: A 3D approach', Proceedings - Pacific Asia Conference on Information Systems, PACIS 2012, Pacific Asia Conference on Information Systems, Association for Information Systems, Hochiminh City, Vietnam.
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The sustainability of the business is a global contemporary issue. E-business modelling is another already established term as it converts technology into economic value. Although e-business modelling and sustainability of the business are the two significant global trends now but still there is no common perception about the elements that are essential for a sustainable e-business model. Surprisingly, none of the approaches even consider sustainability as a major element while modelling e-business. Therefore, after completing extensive literature review on e-business modelling and sustainability of the business we carefully identify and determine the required elements for a sustainable e-business model in this paper. We also clarify the significance for selecting these elements. The elements are three dimensional (3D) and selected from customer value area, business value area, and process value area so that the modelling elements preserve the interests of all stakeholders while upholding the sustainability.
Edwards, DC, Foley, CT & Schlenker, K 1970, 'Legacy of Business Events', Meetings and Events Australia (MEA) National Conference, Sydney.
Edwards, DC, Foley, CT & Schlenker, K 1970, 'The Sydney Entertainment Centre: Measuring the inscope expenditure into Chinatown, Darling Harbour and the City of Sydney.', Sydney Entertainment Centre Leadership Team, Sydney.
Edwards, DC, Foley, CT & Schlenker, K 1970, 'The Sydney Entertainment Centre: Measuring the inscope expenditure into Chinatown, Darling Harbour and the City of Sydney.', Darling Harbour Convention and Exhibition (DHCE) Executive Committee, Sydney, Australia.
Edwards, M, Wilden, RM, Jonson, PT & Sivabalan, P 1970, 'Implementing interdisciplinary business learning that is industry relevant', Proceedings of UTS Teaching & Learning Forum, UTS Teaching & Learning Forum, UTS, Sydney, Australia.
Evatt, G, Johnson, P, Cheng, M & Glover, K 1970, 'Optimal bank and regulatory capital reserve strategies under loan-loss uncertainty', Proceedings of the 25th Australasian Finance and Banking Conference 2012, Australasian Finance and Banking Conference, University of NSW, Sydney, Australia, pp. 1-25.
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We formulate a general model of a commercial bank and its regulator where the bank's loans are exposed to default risk. The bank's objective is to maximise equity value by appropriately controlling the rate at which new loans are issued, early clo- sure, and dividend payments. The regulator's objective is to reduce the probability of the bank's early closure, which they achieve by appropriately controlling the bank's minimum capital requirements. We show that the regulator can in fact minimise this probability of closure, which is achieved via suitably balancing the risk of insolvency (associated with lower capital requirements) and the risk of endogenous closure (as- sociated with higher capital requirements). Both analytic and numerical results are presented, thus allowing for the full non-linearity of the model to be understood.
Ferguson, AC, Pereira Pundrich, G & Raftery, AM 1970, 'Auditor industry specialisation and market segmentation: Evidence from the Perth mining cashbox market', AFAANZ Conference, AFAANZ, Melbourme, Australia.
Fernandez, L & Michayluk, D 1970, 'Information content of analyst recommendation revisions under continuous disclosure requirements', 2012 FMA Annual Meeting, Atlanta, USA.
Frawley, SM 1970, 'Sport Management Australia and New Zealand 2012 Conference Proceedings', SMAANZ 2012 - Sport Innovation and Engagement, University of Technology, Sydney, pp. 1-124.
Freeman, LM, Koh, B, Edwards, J & Zaslawski, CJ 1970, 'Defining Alternative Medicine in the Context of Athletic Performance and the Spirit of Sports: D(etermination), O(bservance), P(ermissibility) or E(ducation', Proceedings International Conference on Sports and Society, 3rd International Conference on Sports and Society, Common Ground, Cambridge, UK.
Giacobbe, F, Matolcsy, ZP & Wakefield, JA 1970, 'Control of wholly owned foreign subsidiaries: An integrated approach', AFAANZ Conference, AFAANZ, Melbourne, Australia.
Harris, R, Schlenker, K, Foley, CT & Edwards, DC 1970, 'Australian Event Symposium 2012', Academic Paper Proceedings, Australian Centre for Event Management, University of Technology, Sydney, Sydney.
Hassanli, N, Brown, G & Gross, M 1970, 'Concept mapping: Understanding indigenous tourist accommodation businesses in Iran', The Council for Australasian Tourism and Hospitality Education, Melbourne, Australia.
Hensher, DA, Li, Z, Leung, W & Rose, J 1970, 'Choosing public transport - some behavioural challenges', Twelfth International Conference on Advanced Systems for Public Transport, International Conference on Advanced Systems for Public Transport, Santiago, Chile.
Hermens, A, dela Rama, MJ & Hermens, G 1970, 'Strategic Decision-Making and Board Leadership at an Australian Credit Union', 26th Annual Australia and New Zealand Academy of Management Conference, Australian and New Zealand Academy of Management Conference, Australia and New Zealand Academy of Management Conference, Perth Convention Centre, Western Australia, pp. 1-18.
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Double peer-reviewed: 'The invitation to ANZAM members, both academic and practitioner, and professionals with a passion, interest and experience in management and associated fields to join us for the 26th ANZAM Conference resulted in the submissions of over 400 papers. After the traditional ANZAM double blind peer review under the guidance of the stream chairs, the papers that meet the required academic rigour and standard are included in these Conference Proceedings presented over the three day conference. The double blind peer review process resulted in the acceptance of 285 papers, all presented in the traditional ANZAM discipline and interest sessions as clustered by the stream chairs.'
Hess, S, Collins, AT & Rose, J 1970, 'Joint modelling of decision process and choice using data from an interactive stated choice survey on air travel behaviour.', 13th International Conference of the International Association for Travel Behaviour Research IATBR, International Conference on Travel Behavior Research, Toronto, Canada.
Jin, K, Shan, Y & Taylor, SL 1970, 'Changes over time in the matching between revenues and expenses: Australian evidence', AFAANZ Conference, AFAANZ, Melbourne, Australia.
Johnston, J, Hermens, A, Spooner, KB & Kaine, SJ 1970, 'Sustainable leadership and ethics at Qantas Airways: Simply a public rhetoric or a practised corporate reality?', Institute for Sustainable Leadership 7th Annual Symposium, Institute for Sustainable Leadership, Rome.
Kale, S & Zlatevska, N 1970, 'Understanding Teenage Poker Gambling: Policy and Consumer Behavior Implications', American Marketing Association.
Keane, MP & Stavrunova, O 1970, 'Adverse Selection, Moral Hazard and the Demand for Medigap Insurance', Australian Health Economics Society Conference, Sydney, Australia.
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The size of adverse selection and moral hazard e ects in health insurance markets
has important policy implications. For example, if adverse selection e ects are small
while moral hazard e ects are large, conventional remedies for ine ciencies 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.
While both adverse selection and moral hazard e ects of Medigap have been studied
separately, this is the rst paper to estimate both in an uni ed econometric framework.
We develop an econometric model of insurance demand and health care expenditure,
where adverse selection is measured by sensitivity of insurance demand to expected
expenditure. The model allows for correlation between unobserved determinants of
expenditure and insurance demand, and for heterogeneity in the size of moral hazard
e ects. Inference relies on an MCMC algorithm with data augmentation. Our results
suggest there is adverse selection into Medigap, but the e ect is small. A one standard
deviation increase in expenditure risk raises the probability of insurance purchase by
0.037. In contrast, our estimate of the moral hazard e ect is much larger. On average,
Medigap coverage increases health care expenditure by 32%.
Logue, DM 1970, 'Creating social finance markets: The translation of naturalising analogies. European Group for Organization Studies (EGOS), (2012), Helsinki, Finland.', European Group for Organization Studies, Helsinki, Finland.
Loyeung, AL & Bugeja, M 1970, 'Goodwill accounting and takeover premiums: pre- and post- IFRS', 35th Annual Congress European Accounting Association Programme, European Accounting Association (EAA), Ljubljana, Slovenia.
Loyeung, AL & Wells, PA 1970, 'Implementation errors and earnings quality', British Accounting and Finance Association Annual Conference 2012, British Accounting and Finance Association, Brighton, United Kingdom.
Meg, Y, McEwen, C & Franziska, T 1970, 'Exploring the educational dimensions of health services management: Perspectives from nurse unit managers', SHAPE.
Metcalfe, M & Hassanli, N 1970, 'Consolidating the ideas of Boomi tourist accommodation providers into a collective conception', Australian & New Zealand Academy of Management, Perth, Australia.
Neil, JA, Freeman, LM, Waller, DS, Hambusch, G & Waite, K 1970, 'Developing graduate attributes in ethics: UTS online ethics portal', Proceedings of UTS Teaching & Learning Forum, UTS, Sydney, Australia.
Roesch, D & Scheule, H 1970, 'Systematic risk and credit ratings', The Seventh Annual Conference on AsiaâPacific Financial Markets (CAFM) of the Korean Securities Association (KSA), Seoul, South Korea.
Rose, J 1970, 'Moving beyond quantitative attributes in stated-response surveys: understanding the role of qualitative variables in travel choices.', Transportaton Research Board, Washington D.C., U.S.A..
Sajib, S & Agarwal, R 1970, 'Mobilizing Innovation Capability From Service Value Network to Partnering Companies: A Theoretical Study', Managing for Volatility and Stability: Proceedings of the 26th Annual Australian and New Zealand Academy of Management Conference, Australian and New Zealand Academy of Management Conference, ANZAM, Perth, pp. 1-19.
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Business firms are increasingly becoming dependent on each other to deliver services to their customers. Due to rapid changes in market conditions such as introduction of new technologies, changing customer preferences, and increasing competitive pressures on firms, the ability to build innovative capability has become a key resource and an asset. In the context of service firms, there is a growing trend of collaboration between firms facilitating value creation, Nevertheless, it is important to understand value creation in the reverse manner ie.; do networks facilitate value for individual firms in return, and are there linkages between capabilities of networks, and capabilities of individual partnering companies. As evident from extant literature, the nature and type of linkage between firms in a business network plays a critical role in facilitating innovation capability building of the network. However, in order to effectively learn from the network service firms need to possess sufficient learning capacity to transform that into innovation capability within their own firm. This paper addresses the development of innovative capability of a partnering firm resulting from a collaborative arrangement; with this backdrop the paper presents a theoretical framework.
Saluja, G & Adaval, R 1970, 'Self-construal as a Cultural Mindset and its Relevance for Automatic Social Behavior', NA - Advances in Consumer Research, Association for Consumer Research Annual Conference, Vancouver, Canada.
Saluja, G, Hong, J & Mukhopadhyay, A 1970, 'Silver Linings on Darkened Endorsers: The Ironic Effect of Schadenfreude in Celebrity Scandals', Annual Conference of the Society for Consumer Psychology, Las Vegas, NV, pp. 14-14.
Sankaran, S & Agarwal, R 1970, 'Rethinking project management goals and methods to suit service systems', 56th Annual Meeting of the International Society for the Systems Sciences 2012, ISSS 2012: Service Systems, Natural Systems, International Conference on Service Systems and Service Management, ISSS, San Jose, CA, USA, pp. 704-717.
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Industrial economies of the past are now moving towards becoming service-intensive, creative and knowledge-based economies that incorporate human creativity and social capital as the basis of value creation and productivity improvements. Moreover, they are radically transforming the manner in which they design, deliver and operate, thereby creating new services and market opportunities. Further, the fact that services are varied, have unique attributes - such as intangibility, heterogeneity, perishability, and inseparability (simultaneous consumption and delivery) - with the customer as a provider of input, make them complex in nature and difficult to understand and analyse. This has inspired a flurry of activity in government, industry and universities. There is now a growing recognition of the need for transdisciplinary research and new business models to propel innovation in services, commonly referred to as Services Science - An interdisciplinary cross-functional stream that brings together engineering, social sciences and management. In addition, business success is becoming less associated with tangible outcomes, embedded value and physical transactions, but more reliant on intangible resources, relationships, networks and co-creation of value. In the unfolding global economy, supply chains and value networks play a crucial role, and service organisations have to find innovative ways for attaining sustainable competitive advantage. Beyond this direct economic contribution, service industries have an ongoing role to deliver considerable indirect embodied value to goods production. Transformations in organisational structures and relations can imply changes in some or all of the mechanisms used to govern projects. Moreover, there is a growing consensus that project managers have to be more strategically instrumental than before in transforming organisational practices and processes when accomplishing project objectives. Underpinned by changing dynamics, proje...
Scheule, H 1970, 'Systematic risk and credit ratings', Methods in International Finance Network (MIFN) Conference, Sydney, Australia.
Schulenkorf, N 1970, 'Benefits of Intercultural Cooperation in Sport-for-Development: Complementing International Expertise with Local Community Knowledge', Sport as a Mediator between Cultures Conference, Sport as a Mediator between Cultures Conference, International Council of Sport Science and Physical Education (ICSSPE), Wingate Institute, Israel, pp. 161-174.
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There is increasing evidence that government agencies and NGOs are turning to sport-for-development (S4D) projects as a tool for inclusive social change, reconciliation and peace-building in divided societies. In a developing world context, it is particularly challenging for (Western) sport organisers and âchange agentsâ to establish and maintain projects that are both professionally managed and culturally meaningful. Surprisingly, the involvement of international change agents and their cooperation with local communities at intergroup development projects has not received much empirical investigation. In addressing this gap, the purpose of this paper is twofold: First, an analysis of the roles and responsibilities of a sport event change agent in the ethnically divided Sri Lanka is presented. Central to this analysis are the sport and event activities of the Asian-German Sports Exchange Programme, and their contribution to reconciliation and peace building in Sri Lanka. Second, in discussing the research findings and their importance for inclusive and sustainable development, this paper incorporates additional practical experiences from S4D projects such as the âFootball for Peaceâ initiative in Israel, and the âHealthy Communitiesâ program in Vanuatu. Despite their contextual differences, all these sport-based development projects are designed to make a lasting difference within and between disadvantaged communities.
Schweitzer, J, Edwards, M, Nikolova, N & Nicolai, C 1970, 'Designing Entrepreneurial Work Environments: Exploring emergent design processes', European Group for Organisational Studies Colloquium (EGOS), Helsinki, Finland.
Schweitzer, J, Pitsis, T & Clegg, S 1970, 'Strategy discourse as collaborative design practice: Can design thinking benefit strategy development?', European Group for Organisational Studies Colloquium (EGOS), Helsinki, Finland.
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This paper provides an investigation into strategic processes, focusing on identifying the processes, practices and capabilities characterising intra- and inter-organisational collaboration that foster strategy development and innovation through creativity in thinking and problem solving. To do so we build our research framework at the intersection of four theoretical foundations: integrative design practice (or design thinking), inter-organizational collaboration, dynamic capabilities and practice theory.
Sinha, A 1970, 'Loss of Brand Equity in Crisis: The Impact of Emotions and Attributions in Product and Non-product Related Negative Publicity', AMA (Summer) Conference, Chicago.
Sivaprakasam, S & Agarwal, R 1970, 'Customers as Co-innovators in Enterprise Innovation of Services - Open Innovation as a Social Experiment', Globalisation of Innovation Strategies: Novel Moves for a Global Game, Strategic Management Society Special Conference 2012, Strategic Management Society, Singapore, pp. 1-14.
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The traditional innovation approach of conducting innovation activities within the confines of the enterprise without active participation of the stakeholders is ineffective in the services business. In the connected, digital, service- and knowledge-based economy, where disruptive technologies such as cloud services re-define business models, there is a need to deliver end-user centric and individualistic experience in a sustainable way. The notion of product being the centre of interaction is being replaced with service processes involving customers as participants; generally defined between service provider and service consumer resulting in co-creation of value. The service provider processes therefore need to transform their service operations in order to embrace the change arising from customer interactions. The aim of this paper is to respond to the question with literature and industry analysis. In doing so, this theoretical paper provides a framework based on open innovation as a social experiment.
Sklibosios Nikitopoulos, C & Platen, E 1970, 'Alternative Term Structure Models for Reviewing Expectations Puzzles', Research Paper Number, World Finance Conference, Rhodes, Greece.
Solman, A & FitzGerald, M 1970, 'Leadership Support', Asia Pacific World Sport and Women Conference, Blackwell Publishing Ltd., Melbourne, Australia, pp. 260-272.
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Spence, M, Som, A & Zlatevska, N 1970, 'How Shades of Failure and Mental Simulation Affect the Likelihood of Subsequent Actions', AP - Asia-Pacific Advances in Consumer Research, Association for Consumer Research Asia-Pacific Conference, Association for Consumer Research, Duluth MN, pp. 228-236.
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Literature in sequential choice categorizes focal actions and reactions as either goal consistent or inconsistent. In practice, there are
shades of consistency: some actions are greater failures than are others. Based on three inter-related studies, we empirically
demonstrate that the likelihood of performing subsequent actions is affected by the extent of failure of the current action; and, that this
effect is moderated by a process mental simulation versus an outcome simulation prime.
Van de Venter, G, Michayluk, D & Davey, G 1970, 'A longitudinal study of financial risk tolerance', JOURNAL OF ECONOMIC PSYCHOLOGY, Financial Management Association Annual Meeting, ELSEVIER, Reno, Nevada, USA, pp. 794-800.
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Wakefield, JA & Giacobbe, F 1970, 'Control of wholly owned foreign subsidiaries: A transaction cost economics approach', British Accounting and Finance Association Annual Conference 2012, British Accounting and Finance Association, Brighton, United Kingdom.
Waller, DS 1970, 'A media landscape of Gen Y: how does radio compare to other media?', Radio Waves : 90 Years of Radio Broadcasting in Australia' Old, New & Next Wave, ASRA & UTS Joint 2012 Conference, Australasian Sound Recordings Association & Faculty of Arts and Social Sciences, UTS, Sydney, Australia.
White, A & Simnett, R 1970, 'Decision Making Under Uncertainty: Auditor Stopping Rules', International Symposium on Audit Research, Waseda University, Tokyo, Japan.
White, A, Simnett, R & Harding, N 1970, 'Auditor decision making under uncertainty: Discovering auditor stopping rules', American Accounting Association Annual Meeting and Conference on Teaching and Learning in Accounting, American Accounting Association, Washington, DC.
Wieder, B, Ossimitz, ML & Chamoni, P 1970, 'The Impact of Business Intelligence Tools on Performance: A User Satisfaction Paradox?', http://www.icesal.org/2012%20PROCEEDINGS/Proceedings_2012.htm, 9 th International Conference on Enterprise Systems, Accounting and Logistics, Chania, Crete, Greece, pp. 1-6.
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While Business Intelligence (BI) initiatives have been a top-priority of CIOs around the world for several years, accounting for billions of USD of IT investments per annum (IDC), academic research on the actual benefits derived from BI tools and the drivers of these benefits remain sparse.
This paper reports the findings of an exploratory, cross-sectional field study investigating the factors that define and drive benefits associated with the deployment of dedicated BI tools.
BI is broadly defined as an analytical process which transforms fragmented data of
enterprises and markets into action-oriented information or knowledge about objectives, opportunities and positions of an organisation; BI tools
are software products primarily designed and deployed to support this analytical process (e.g. data warehouse software, data mining software, digital dashboards applications).
Building upon DeLone and McLean’s (1992, 2002 and 2003) information systems success model, we develop, test and refine a BI quality and performance model adapted for the specific purpose, application, user group and technology of BI tools. The ultimate performance predictors in this model are user satisfaction and the impact of BI tools on managerial decision quality, both of which are determined by data quality.
Partial Least Square (PLS) modeling is used to analyse data collected in a survey
administered to IT executives of large Australian Stock Exchange (ASX) listed companies.
The results confirm some of the theoretical relationships established in – especially the original – DeLone-McLean model in the specific context of BI. More importantly, the results also confirm the important role of explicit BI management as antecedent of benefits derived from BI tools, and the key impact of data quality on managerial decision making and organizational performance.
However, the results also reveal a ‘user satisfaction paradox’: In contrast to the predictions derived from the DeLone-McLean model, orga...
Williams, TM 1970, 'Sustainability Strategy as Practice: Inside the Black-Box of Sustainability Strategy', Academy of Management Annual Meeting, Boston, US.
Wise, C, Burke, PF & Burke, S 1970, 'The impact of esoteric product specifications on choice', Academy of Marketing Conference Proceedings, Academy of Marketing Conference, Academy of Marketing, Cardiff, Wales, UK, pp. 1-8.
Wise, C, Burke, PF & Burke, S 1970, 'The impact of esoteric product specifications on choice', 2012 AMA Educators' Proceedings, AMA Summer Educators' Conference, American Marketing Association, Chicago, USA.
Yu, K 1970, 'Explaining Patterns of Employment Relations in Asian Societies', Society for the Advancement of Socio-Economics Conference, Boston, USA.
Zhang, J, Buckley, N, Mestelman, S, Muller, RA & Schott, S 1970, 'How does Communication and Output Sharing Affect Intergroup Competition, Intragroup Effort Provision and Social Efficiency?', European Association of Environmental and Resource Economics Conference, Prague, Czech Republic.
Zlatevska, N & Cowley, E 1970, 'Failing to Not Think About Failing: The Effects of Thought Suppression on Consumption', Society for Consumer Psychology (Summer).
Zlatevska, N & Cowley, E 1970, 'To Think or Not To Think: The Pros and Cons of Thought Suppression', Proceedings of the Annual Conference of Association for Consumer Research., ACR Conference Proceedings-Advances in Consumer Research.
Zlatevska, N & Holden, S 1970, 'Small size, big bite: A reassessment and reversal of the dieter's paradox', AMA Marketing & Public Policy Conference.
Zlatevska, N & Spence, M 1970, 'Personal consumption norms and their influence on consumption volume', AMA Marketing & Public Policy Conference.
Zlatevska, N, Dubelaar, C & Holden, S 1970, 'Sizing up the size effect: A meta analysis of unit size and its influence on consumption volume', AMA Marketing & Public Policy Conference.
Zlatevska, N, Dubelaar, C & Holden, S 1970, 'Sizing up the size effect: A meta-analysis of unit size and its influence on consumption volume', Advances in Consumer Research, Association for Consumer Research, Association for Consumer Research, Duluth: MN.