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1 – 10 of 12Adam N. Rabinowitz and William Glen Secor
Nontraditional lenders are important credit providers for farmers. However, previous research has found that farmers who use nontraditional lenders are riskier lending…
Abstract
Purpose
Nontraditional lenders are important credit providers for farmers. However, previous research has found that farmers who use nontraditional lenders are riskier lending opportunities. Using a unique dataset of Chapter 12 bankruptcy cases, the authors analyze the share of payment that is made or allowed by the courts on debt owed to traditional and nontraditional lenders.
Design/methodology/approach
The authors use a Tobit model to calculate parameter estimates and marginal effects of the impact of creditor type (traditional/nontraditional) and debt classification (secured, priority and unsecured) on the proportion of a bankruptcy claim that lenders receive or are expected to receive when a case is discharged.
Findings
The authors find that traditional lenders with secured debt receive a greater repayment than nontraditional lenders. Meanwhile, there are more than twice the number of nontraditional lenders that are owed debt in these bankruptcy claims. While this raises concern for nontraditional lenders, that is mitigated some by the level of debt that is on average about one-sixth the size of the average debt of traditional lenders. Finally, the authors show there are numerous opportunities for future research in this area using case level bankruptcy data.
Originality/value
This paper fills a research gap by focusing on the state of nontraditional lenders in Chapter 12 bankruptcy cases and their treatment in discharged cases.
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Charles Martinez, Christopher N. Boyer, Tun-Hsiang Yu, S. Aaron Smith and Adam Rabinowitz
The authors examined the impact of the Market Facilitation Program (MFP) and Coronavirus Food Assistance Program (CFAP) payments to United States agricultural producers on…
Abstract
Purpose
The authors examined the impact of the Market Facilitation Program (MFP) and Coronavirus Food Assistance Program (CFAP) payments to United States agricultural producers on non-real estate agricultural loans.
Design/methodology/approach
The authors used quarterly, state-level commercial bank data from 2016–2020 to estimate dynamic panel models.
Findings
The authors found MFP and CFAP payments not associated with the percentage of non-real estate agricultural loans with payments over 90 days late. However, these payments associated with the percentage of non-real estate agricultural loans with payments between 30 and 89 days late. The available data utilized cannot consider when producers received the actual payment and what they specifically did with those funds.
Originality/value
The contribution of this study is for US policymakers and agricultural lenders. The findings could be helpful in designing and implementing future ad hoc payment programs and provide an understanding of potential shortcomings of the current safety net for agricultural producers in the Farm Bill. Additionally, findings can assist agricultural lenders in predicting the impact of ad hoc payments on their distressed loan portfolios.
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Strategy scholars have long argued that breakthrough innovation is generated by recombining knowledge from distant domains. Even if firms have the ability to access and absorb…
Abstract
Strategy scholars have long argued that breakthrough innovation is generated by recombining knowledge from distant domains. Even if firms have the ability to access and absorb knowledge from distant domains, however, they may fail to pay attention to such knowledge because it is seemingly irrelevant to their tasks. We draw attention to this problem of knowledge relevance and develop a theoretical model to illuminate how ideas from seemingly irrelevant (i.e., peripheral) domains can generate breakthrough innovation through the cognitive process of analogical reasoning, as well as the conditions under which this is more likely to occur. We situate our theoretical model in the context of teams in order to develop insight into the microfoundations of knowledge recombination within firms. Our model reveals paradoxical requirements for teams that help to explain why breakthrough innovation is so difficult.
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The purpose of this paper is to assess to what extent social groups maintaining traditional‐collectivistic or modern‐individualistic lifestyles while sharing a similar nationality…
Abstract
Purpose
The purpose of this paper is to assess to what extent social groups maintaining traditional‐collectivistic or modern‐individualistic lifestyles while sharing a similar nationality ethnicity and cultural origin, may be differentiated on the basis of their professional job perceptions and attitudes.
Design/methodology/approach
Questionnaires were administered to 323 Bedouin teachers who live in the southern part of Israel while maintaining a rather traditional way of life and to 232 Arab teachers who live in modern towns where Arabs and Jews coexist.
Findings
The results show that Bedouin teachers exhibit a higher degree of compliance and loyalty to the leader and are more conservative and emotional in comparison to Israeli Arab teachers. These results testify to the strong relationship existing between values and norms accumulated during ethnic socialization processes and individual role perceptions especially when individuals' lifestyles correspond to these values.
Originality/value
In considering the framing influence that ethnic socialization has on individual work perceptions, it is argued that ethnic considerations should be taken into account in multicultural contexts and that some facilitating mechanisms should be established in order to increase tolerance for ethnical diversity and understanding among individuals coming from different ethnic groups.
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Briana Preminger and Gili S. Drori
With this paper we aimed to explore the matter of space as a physical expression of institutional logics. Following recent discussions on the role of materiality in organizational…
Abstract
With this paper we aimed to explore the matter of space as a physical expression of institutional logics. Following recent discussions on the role of materiality in organizational discourse, this study focused on spatial dimensions of institutional logics, namely, spatialized logics. Utilizing Lefebvre’s (1991) analytic distinction among three layers of space – conceived, lived, and perceived – we described the spatial expressions of distinct logics and the spatial relations among these logics. Drawing on a qualitative case study analysis of the world-renowned site of Jerusalem’s Western Wall, we argued that logics take form in space, logics get embodied in different layers of space, and matters of discursive commensurability and leakages also have spatial expressions. To exemplify these claims we undertook a qualitative case study analysis of Jerusalem’s Western Wall. The Wall is a 500-meter-long and two-millennia-old construction. We showed that, while in material and technical terms the Wall is a singular entity, three distinct logics occupy distinct sections along the Wall, and each of these logics reinterprets the materials and technicalities in distinct ways: religious, professional, and nationalistic. These three distinct spatialized logics get embodied in the conceived space (planning and policy of the site), perceived space (comments and opinions about the site), and lived space (behavior and social interaction at the site). Overall, by interjecting notions of materiality and space into the conversation about institutional logics, we demonstrated that in the physical layout of a space, logic cohesion, and interlogic commensurability literally become a “turf war.”
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Studies suggest that women in law appear dissatisfied with the practice of law due to the difficulties of balancing work and family. Little research has examined how the…
Abstract
Studies suggest that women in law appear dissatisfied with the practice of law due to the difficulties of balancing work and family. Little research has examined how the contextual characteristics of law firms affect women lawyers’ sense of life balance and career satisfaction, which is the focus of this study. I propose that if women in law firms can have children and be just as satisfied with their careers and have the same degree of life balance as women without children, then women practicing law can “have it all”. I show how contextual characteristics of law firms are important in understanding mothers’ and non-mothers’ work experiences.
Elizabeth E. Umphress and Adam C. Stoverink
Purpose – We offer a view of interpersonal justice climate in which the benefits of fair treatment might be stronger within some groups versus others, depending on characteristics…
Abstract
Purpose – We offer a view of interpersonal justice climate in which the benefits of fair treatment might be stronger within some groups versus others, depending on characteristics of the supervisor, the group, and the organization in which the group is embedded. We further identify a potential silver lining that may be associated with low interpersonal justice climate. Overall, our intent of this chapter is to offer a more nuanced view of the topic to enhance our understanding of interpersonal justice within groups.
Design/methodology/approach – We review literature on status to support our propositions.
Findings – We examine how a supervisor's idiosyncrasy credits, a group's status, and an organization's emphasis on hierarchy will moderate the relationship between unfair interpersonal treatment from a supervisor and the group's perceived interpersonal justice climate. Also, we suggest that low levels of interpersonal justice climate may actually lead to greater affiliation among group members and ultimately enhance perceptions of group cohesion.
Originality/value – Previous literature on justice climate has largely focused on procedural justice, whereas generally ignoring interpersonal exchanges between a group and its supervisor. This chapter contributes to research on justice at the group level by examining the potential moderating effects of status on the generation of interpersonal justice climate. Further, and in contrast to previous research, we offer a potential positive outcome that may result from low interpersonal justice climate.
After 38 years as a Sawell Publication, WORK STUDY passes to new owners: MCB University Press, a global publishing company with some sixty titles, almost exclusively in the area…
Abstract
After 38 years as a Sawell Publication, WORK STUDY passes to new owners: MCB University Press, a global publishing company with some sixty titles, almost exclusively in the area of management, a Bradford HQ and offices in Singapore and Brisbane.
Barlu Dumbuya and Niru Nirupama
This paper aims to analyse the case of Sierra Leone from the lens of economic impact and underlying causes for concern towards economic sustainability in a post-Ebola recovery…
Abstract
Purpose
This paper aims to analyse the case of Sierra Leone from the lens of economic impact and underlying causes for concern towards economic sustainability in a post-Ebola recovery phase.
Design/methodology/approach
Content analysis of literature from various sources, including public and private sectors, non-governmental organisations, multilateral agencies, peer reviewed scholarly articles and media reports was carried out. A total of 77 articles were reviewed. Each document from each source types was then examined for recurring themes that would enhance understanding on the topic addressed here. The NVivo qualitative analysis software was used for coding and extracting of themes from these articles using certain keywords and phrases that relate to the study objectives.
Findings
The Ebola outbreak in Sierra Leone caused impairment of exports and the capacity to raise revenue via taxes due to significant slump in economic activities. The post-conflict strategy to increase foreign investment had kick-started a gradual recovery, but the Ebola crisis threatened further gains. The crisis also highlighted that the country’s economy depended on foreign investment in a single key sector of iron ore for which global prices fell during Ebola significantly. Although socio-economic impacts of Ebola will linger for some time and health system would have to be vitalised, a sense of optimism was found in many documents.
Originality/value
The research approach is new and comprehensive in that it looks at post-conflict Sierra Leone in combination with ongoing biophysical and hydrometeorological hazards, and how the Ebola outbreak became completely devastating for the country’s economic sustainability.
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