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The issue of low productivity has remained a very stern and chronic problem in construction projects. Previous studies have found poor communication as one of the leading causes of low-construction productivity. Recent advances in the field of information and communication technologies (ICT) have the potential to enhance communication and access to information in construction projects. However, the implications of the use of mobile ICT on construction productivity have not been investigated in sufficient depth, especially from the perspectives of its users, i.e. construction management (CM) professionals. The paper aims to discuss these issues.

A focus group session involving ten experienced CM professionals from different organisations of the South Australian construction industry was moderated by a group of four researchers to gather data on mobile ICT usage and its implications for construction productivity.

Lack of training and guidelines on effective applications of these technologies to construction projects is a major bottleneck. Results indicate that despite noticeable advances in mobile ICT, differences in usage style and user attitude have limited their overall impact on productivity.

This paper is based on data gathered from CM professionals working in the South Australian construction industry.

The study highlights the importance of strategising the use of mobile ICT to achieve the desired productivity rates through policy, training, work-life balance, and deeper and wider understanding of these technologies.

The study examines the perceptions of CM professionals on the usefulness of mobile ICT in construction projects and its implications for construction productivity.

The purpose of this paper is to explore the demand for conditional accounting conservatism from equity shareholders in state-controlled firms.

This study presents empirical investigation of firms listed on Hong Kong Stock Exchange from 1997 to 2013.

The first finding is the extent of conditional conservatism in state-controlled firms increases when the leverage ratio decreases. It is also found that the high control rights held by the government in state-controlled firms are associated with high conditional conservatism. In addition, further analyses document the an offsetting effect between high control rights and firm leverage; a reinforcing effect between high control rights and year of incorporation after 1992; and a substituting effect between high control rights and dividend payments.

These findings suggest that the demand from equity shareholders, in addition to the debt demand, can be an important determinant of conditional conservatism and examination of these differing sources of demand can enhance the understanding on accounting conservatism in state-controlled firms.

This chapter explores geopolitics, garbage cans, the need for interdisciplinary insight, and the lures and limitations of one-sided mono-disciplinary conceptual models in understanding strategic decision making. We argue that a combination of the garbage can model and Nathan Leites’ psycho-cultural approach to decision making might be useful in giving insights for events and for organizational behavior. As a decision making case, we consider the 1941 decision of the Empire of Japan to declare war on the Allied Powers. We find that there could be useful lines of integration between the garbage can framework and other perspectives in geopolitical decision making. In using a historical example to illustrate the possible integration, we argue that there are inherent limits to single-model decision making approaches. Developing interdisciplinary frameworks for understanding foreign policy decision making may lead to better insights in real-world processes and seems like a step in a fruitful direction.

Examining the techniques of a management consulting firm comprising actors, directors, producers, writers, musicians and other artists, the article reveals through several case studies how a company of avant‐garde artists has turned the lack of conventional business training from a competitive disadvantage to a unique benefit.

The article opens with a brief overview of the company, Learning Worlds, and its historical evolution from the Gertrude Stein Repertory Theater. From interviews with clients and several case studies, the article proposes three qualities through which Learning Worlds has demonstrated its value to global corporate enterprises developing sophisticated business products. These qualities are those of communication, differentiation and the perspective of “outsider” minds. The qualities are described and the part they have played in engagements with clients is demonstrated in three case studies, with Kepner‐Tregoe, LexisNexis, and Microsoft.

Arts training increases sensitivity to audiences, and improves facility with aesthetic impact, stories and drama. The avant‐garde impulse encourages organizations to look beyond the usual solutions and habitually search for difference. And an “outsider mind” sees through assumptions and around organizational barriers to discover new paths to success. Learning Worlds' success with clients is based on a willingness to grasp business issues, but hold onto the arts advantage.

By detailing qualities uniquely developed by artists and demonstrating how their expert application has led to success in particular situations, the article demonstrates the value of occasionally stepping outside determined best practice to try a different set of strategies for reaching winning solutions.

At the seventeenth ordinary meeting of the Royal Society of Arts, on Wednesday, April 17, 1912, DR. RUDOLF MESSEL, President of the Society of Chemical Industry, in the chair, a paper on “Municipal Chemistry” was read by MR. J. H. COSTE, F.I.C. The following résumé of the points of interest to readers of the BRITISH FOOD JOURNAL is published by kind permission of the author and of the Royal Society of Arts:—

Several papers have investigated the use of foreign exchange (FX) derivatives but evidence on the use of international cash management meth ods to hedge FX is scarce. This paper contributes to the existing evidence by considering the use of international cash management systems to hedge foreign exchange (FX) risks using a sample of French and UK companies. We find that matching, netting and pricing policies are the most commonly used techniques in both the UK and French samples al though there is evidence of greater use of all cash management techniques in the UK. We also consider whether the theoretical explanations of hedging determine the use of cash management techniques for FX hedging, and if there are differences between the UK and French samples. We find support for the theoretical prediction that FX hedgers have higher levels of financial distress, and that these firms tend to be larger, more international and less liquid. We find little support for the under investment theory. The extent of internationalisation appears to play no role in the decision of French firms to use cash management techniques to manage FX risk, and the use of all cash management techniques were lower than in UK firms. These latter findings may be explained by the reduction in FX risk facing French firms following the introduction of the euro.

Country‐specific information on risk management is increasingly important, not only for investors and decision makers in international markets but also, for those in national and regional markets. This study reports the results of a cross‐sectional survey of risk management practice and derivatives use by a sample of Australian firms. Overall, the results suggest that firm‐specific factors appear to have some influence on risk management practice with the industry of the respondent being the most important, while the degree of international exposure has the least. Larger and more internationally exposed firms are likely to have more frequent reporting of derivatives use, and are more likely to use swaps and options to manage risks than other types of firms. Issues and implications for international firms are discussed.