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This paper aims to examine the relationship between the correlation among the 30 stocks in the Dow Jones Industrial Average and overall returns on the broader market from 1950 to 2008.

The paper computes historical correlation of the 30 stocks in the Dow Jones Industrial Average and future returns on the S&P 500 index over various windows and examines the relationship between these two items using linear regression analysis. In addition, the paper develops a trading strategy based on the results.

The paper finds that increased equity correlation serves as a leading indicator of overall market decline. Regression analysis shows that equity correlations are a statistically significant predictor of market decline, as measured by subsequent returns of the S&P 500 index. The significance of the results increases as the time horizon of the calculation is increased. With the exception of the 1990s, the findings are robust within decades.

This is the first study that examines the relationship between the historical correlations among the Dow 30 stocks with future returns for the S&P 500 index. In addition, the paper develops an original trading strategy that achieves superior returns to a buy-and-hold strategy. The paper's findings are useful to portfolio managers, practitioners, and policymakers.

The aim of this paper is to determine the relative efficacy of an e-tablet menu over the traditional paper-based menu across the parameters of order information quality, menu usability, and ordering satisfaction using customer perceptions.

Two types of data were collected: customer perceptions using an instrument comprising academically underpinned constructs and observational data that involved ordering times, logs of any customization requests, and notes gathered from interactions with restaurant staff.

Findings indicate that e-tablet menus are significantly superior to the traditional paper-based menu across all parameters. Restaurateurs should be cognizant of customization options to significantly enhance order information quality, improve customer service and boost sales.

The findings support the idea that the use of technology does help to enhance the service experience, specifically the ordering experience for the customer.

Electronic tablets have the ability to transfer greater levels of information in an interactive manner thereby enhancing the role of the menu in the merchandising of a restaurant's offerings.

Although there is evidence of the importance of restaurant menus to the success of restaurants, little is known about the influence of the use of electronic menus on the ordering experience. This study provides findings that focus on the usability of menus and their impact on the ordering experience.

Gender and disability are intimately connected as embodied experiences that young people navigate interactionally. Disabilities scholars have theorized that men and women with chronic health conditions face uniquely gendered challenges. Theories of gender and disability centered on youth continue to gain prominence as the population of children and young adults with chronic health conditions grows. This study draws on data from 22 in-depth interviews with young adults diagnosed with chronic health conditions in childhood in the United States. Women, men, and gender nonbinary individuals report that doing disability in interactions in childhood meant doing gender in expected feminine ways. Specifically, interviewees described increased empathy, a deep understanding of their own emotions, and the ability to use adversity to connect with and benefit others as expectations. Interviewees employed or resisted doing gender in ways that reflected individuals' gender locations. Women and nonbinary individuals saw feminine performance as a sign of weakness, often resisting demonstrating it in interactions. On the other hand, feminine performance reportedly impacted men in the sample in positive ways. This study takes a life course approach to illuminate how the ableist expectations expressed to disabled children are gendered and impact how disabled young adults negotiate an ableist world.

The purpose of this paper is to explore the narratives that construct the practice and regulation of ‘sexting’, the sending of sexualised images via text message, when engaged in by young people. The aim of this discussion is to better understand the extent to which those narratives recognise young people’s agency in relation to their sexuality and the role that new media plays in enabling youth to explore their sexual identity.

The methodology employed is that of discourse analysis. This approach is used to deconstruct the dominant narrative of sexting contained in the literature, a narrative that constructs it as a problem to be contained and controlled, either through the application of the criminal law or through education and guidance approaches. This paper then investigates an emerging counter narrative that gives greater emphasis to the autonomy rights of youth. A case study involving a Parliamentary Inquiry in one Australian State into sexting is also employed to further this analysis.

This paper concludes that the dominant narrative remains the strongest influence in the shaping of law and the practice of sexting, but that young people may be better served by the counter narrative that recognises their agency in ways that may empower and grant them more control over their bodies.

The paper thus provides an alternative approach to developing new law and policy with respect to the regulation of sexting by youth that should be of value to lawmakers and child and youth advocates.

This paper seeks to urge academic writers to restructure their scholarly writing to reflect the depth of their intellectual message rather than conforming to the structurally simplistic hegemony of the mundane.

The authors of this paper represent interdisciplinary perspectives in research. Each has grown increasingly disillusioned by dwindling consideration given to the structural integrity of scholarly thoughts in academic writing. This paper does not suggest a solution of strict adherence to some style manual or single format, nor does it suggest a privilege to any particular constraint. Indeed, the authors suggest that the digital environment enables unimagined communication possibilities, and hence a counterpoise to any single rigid structure. New formats require attention to the engineering of message structure. Using historical examples and modern applications from their disciplines, the authors offer provocations on the structures of scholarly writing. They pay particular attention to modern applications of Claude Shannon's information theory and to the introduction of models for understanding the audiences of academic writing.

Scholarly writing warrants a deep investment of intellectual, personal, and communicative effort. Readers will have different requirements for any individual piece of scholarly writing, but all will be served by the fullest expression of the logic, care, tenacity, and passion that drove the research to fruition. Engineering the scholarly document to contribute to audiences of differing interests and abilities requires careful consideration rather than mere assumption of a generic reader.

Research for this paper yielded few preceding studies that considered document structures for scholarship. Authors of this paper intend to provoke academes to engage in active and intentional reconsiderations of how they choose to say what they have to say, by following the presented examples of writing and tools for measuring structural elements of documents.

Purpose – The purpose of this chapter is to explore the voluntary corporate governance role played by credit rating agencies, closing the ‘trust at a distance’ gap which might otherwise hinder fundraising in debt capital markets.

Methodology/approach – The chapter draws on Giddens’ system trust theory and Foucauldian perspectives of knowledge/power to unpack trust production as a discursive process in financial markets. Foucauldian discourse analytic techniques are used to examine texts deployed by or about Standard & Poor's, the global credit rating agency, leading up to the 2007 credit crunch.

Findings – The texts analysed illustrate the influence of rating agencies in producing trust as well as mistrust in debt instruments.

Research limitations/implications – Rating agencies produce trust by aligning with state regulatory systems, simplifying complex debt instruments with ‘AAA’ and other well-known mnemonics, as well as offering apparent transparency and guarantees.

Practical implications – While influential, rating agencies can only produce trust by proxy. Their contribution to the actual protection of investments is minimal.

Social implications – The analysis highlights the flawed nature of trust relations in debt capital markets as rating agencies’ primary customers are the arrangers and issuers of debt rather than the investors who seek protection from risk.

Originality/value – The chapter sheds light on the deliberate nature of trust production in financial markets. Five trust/mistrust production practices are introduced – protecting, guaranteeing, aligning, making visible and simplifying. Strategic trust production is established as part of corporate governance ideology in financial markets.

The purpose of this paper is to analyse the accounting research project concerned with accounting narrative obfuscation, focusing on the translation of the concept of readability from educational psychology via an earlier literature concerned with the readability of accounting narratives per se.

This paper uses actor-network theory and examines, in particular, the need for a network to accommodate the interests of its actors and the consequent risk of failure.

The analysis shows that the project is failing because the network seeking to support it is failing, and failing because of its inability to adapt sufficiently to accommodate the interests of its constituents. This failure is contrasted with the earlier concern with readability per se, which did see a successful reconfiguration of actors’ interests.

The puzzle of the maladjustment of the network concerned with obfuscation is examined and it is suggested that it is a consequence of interests prevailing in the wider academic research network within which the relevant human actors are embedded.

The reasons for the failure of the project are bound up in the wider circumstances of the contemporary accounting research community and may affect scholars’ capacity to pursue knowledge effectively.

This paper contributes to a modest stream of actor–network analysis directed at accounting research itself.

In this chapter, we review four methods for identifying function and addressing function in intervention. These include functional analysis, the Functional-Assessment-Based Intervention (FABI) Model, the Competing Pathways Model, and the Prevent-Teach-Reinforce Model. For each, we describe the methods and procedures used to identify function and design intervention support, briefly review supporting evidence, and identify the advantages and limitations associated with each approach.