Alfredo A. Romero and Jeffrey A. Edwards
Injections of foreign direct investment (FDI) are often followed by injections of foreign culture which may not be well received among the local population. If this is the case…
Abstract
Purpose
Injections of foreign direct investment (FDI) are often followed by injections of foreign culture which may not be well received among the local population. If this is the case, culture may impede any positive externalities from FDI. On the other hand, if the people of the host country embrace injections of FDI, this may lead to boosts in not only short-run factors of production but also longer-term technological spillovers. We measure what role cultural make-up of a country plays on the effect of FDI on growth in GDP.
Design/methodology/approach
Using values system data from the World Values Survey (WVS), and socioeconomic data from the World Bank, we estimate and plot the marginal effect of FDI on growth as a function of a country's values system for a panel of 73 countries over a span of three decades.
Findings
We find that the marginal effect of FDI on growth in GDP differs across varying degrees of cultural values, even after adjusting for level of development. In other words, our analysis indicates that a country's cultural norms do indeed affect foreign investment's impact on economic growth.
Originality/value
To date there is no research that systematically assesses the effect that cultural make-up has on the marginal effect of FDI on growth. We go beyond the use of isolated cultural variables by using data on cultural dimensions that account for most of the observed cultural differences between countries. We believe our findings will work as a launchpad for more novel ways to capture country heterogeneity in growth research.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-09-2019-0549.
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Jeffrey A. Edwards and Jennis J. Biser
The purpose of this paper is to investigate the level of influence that civil liberties has on the marginal effect of remittances on gross domestic investment and consumption…
Abstract
Purpose
The purpose of this paper is to investigate the level of influence that civil liberties has on the marginal effect of remittances on gross domestic investment and consumption separately and measures it across all levels of civil liberties.
Design/methodology/approach
The authors employ a two‐stage system generalized method of moments procedure and the civil liberties subset of the Freedom in the World Index as a proxy for civil liberty.
Findings
The findings indicate a substitution effect from investment to consumption as civil liberties deteriorate for developing south economies, though not for emerging economies. In addition, the marginal effect of remittances on investment diminishes less quickly as economies become less free than it increases for consumption indicating that the substitution is not quite one‐for‐one.
Practical implications
Economies with low levels of civil liberties could benefit by improving them in ways that would encourage recipients to channel remittances into investment rather than consumption.
Originality/value
This paper differs from previous research in that the authors evaluate investment and consumption separately rather than embedding these component parts within growth. In addition, when interactions are employed in existing literature, the inference drawn is static with regard to the varying degrees of institutional development. Third, none of the prior studies directly explores civil liberties proper; they usually aggregate civil liberties with other aspects of political or economic freedom.
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Jeffrey Boon Hui Yap, Pak Lian Low and Chen Wang
Rework is detrimental to project outcomes. However, there is still a lack of attention about rework within the Malaysian construction industry. The purpose of this paper is to…
Abstract
Purpose
Rework is detrimental to project outcomes. However, there is still a lack of attention about rework within the Malaysian construction industry. The purpose of this paper is to investigate the effect of rework on schedule and cost performance, to explore the causes of rework and to propose effective measures to minimise the occurrence of rework in building construction projects in Malaysia.
Design/methodology/approach
Using a sample of 114 construction stakeholders consisting of 39 clients, 36 consultants and 39 contractors from the Klang Valley region, the authors investigated the variables on rework through a questionnaire survey. The level of importance of the causes and the potential solutions was ranked and correlated.
Findings
From the primary data analysis, the study on Malaysian building projects unveiled the cost of rework to range from 3.1 to 6.0 per cent of the project value and the schedule growth due to rework to range from 5.1 to 10.0 per cent. The significant causes of rework were identified and prioritised. The 18 causes were further categorised into five underlying dimensions by using a factor analysis. Effective rework reduction measures were also given. Finally, the relationships between the causes of rework and the potential solutions were identified using correlation tests.
Research limitations/implications
While this study is limited to rework in Malaysian building construction, rework in infrastructure projects is a potential area to discover new causes and possible solutions.
Practical implications
This paper provides insights into the effects of rework to project outcomes, causes of rework and feasible solutions in reducing rework in building construction projects.
Originality/value
Rework has been the focal point of research; however, empirical studies on rework have been under-represented in the Malaysian construction industry. This paper seeks to fill the gap by conducting an in-depth investigation on rework in the context of Malaysia.
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Patricia L. Baratta and Jeffrey R. Spence
The multidimensional structure of boredom poses unique measurement challenges related to scale length and statistical modeling. We systematically address these concerns in two…
Abstract
The multidimensional structure of boredom poses unique measurement challenges related to scale length and statistical modeling. We systematically address these concerns in two studies. In Study 1, we use item response theory to shorten the 29-item Multidimensional State Boredom Scale (MSBS) (Fahlman et al., 2013). In Study 2, we use structural equation modeling to compare two theoretically consistent multidimensional structures of boredom (superordinate and multivariate) with the most commonly used, yet theoretically inconsistent, structure in boredom research (unidimensional parallel model). Our findings provide support for modeling boredom as multidimensional and demonstrate the impact of model selection on effect sizes and significance.
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James P. Walsh, B. Joseph White and Jeffrey R. Edwards
This paper contains a commentary on the paper by Aguinis, Martin, Gomez-Mejia, O’Boyle and Joo published in this same issue. This paper aims to encourage the readers to examine…
Abstract
Purpose
This paper contains a commentary on the paper by Aguinis, Martin, Gomez-Mejia, O’Boyle and Joo published in this same issue. This paper aims to encourage the readers to examine this novel insight in future research but sadly, to disregard the results of this particular investigation.
Design/methodology/approach
Google Scholar tells us that, over a quarter of a million studies examine the relationship between CEO compensation and firm performance. Aguinis et al. (2018) take much of that work to task. Observing that the distribution of CEO compensation is skewed, they question any work that assumes a normal distribution. Correcting the flaw, Aguinis et al. (2018) conduct their own investigation of this important relationship. Contrary to previous work, they find no consistent empirical relationship between pay and performance. The authors review and discuss their work with a clear eye on its implications for improving our understanding of these relationships.
Findings
The authors cannot accept the results of the Aguinis et al. (2018) investigation as it stands. Saying why, they close their commentary with some ideas that should help one understand whether accounting for a skewed CEO pay distribution really does revolutionize one’s understanding of corporate governance.
Practical implications
The statistical insight provided by Aguinis et al. (2018) yields provocative, if not profound, practical implications. While the authors’ review is critical, they aim to foster continued inquiry, not shut it down.
Objetivo
El objetivo del presente comentario del articulo de Aguinis, Martin, Gomez-Mejia, O’Boyle and Joo (publicado en este mismo número) es el de motivar a sus lectores a examinar la nueva intuición que proporciona en el futuro pero, tristemente, desestimar los resultados de este trabajo en concreto.
Diseño/metodología/aproximación – Google Scholar indica que hay más de un cuarto de millón de estudios que analizan la relación entre la retribución del CEO y los resultados empresariales. Aguinis et al., (2018) analizan gran parte de este trabajo. Tras observar que la distribución de la retribución del CEO es asimétrica, cuestionan cualquier trabajo que asuma una distribución normal. Corriendo este aspectos Aguinis et al. (2018) llevan a cabo su propio análisis en este importante tema. Contrariamente a otros trabajos previos estos autores no encuentran una relación consistente entre la retribución y los resultados. Revisamos y discutimos su trabajo con un ojo en las implicaciones para la comprensión de esta relación.
Resultados – No podemos aceptar los resultados de Aguinis et al. (2018) en su forma actual. Señalando porqué, cerramos nuestro comentario con algunas ideas que deben ayudarnos a entender si tomando en cuenta la asimetría de la distribución de la retribución del CEO realmente es una revolución para nuestra comprensión del gobierno corporativo de las empresas.
Implicaciones – La evidencia aportada por Aguinis et al. (2018) genera provocadoras, si no profundas, implicaciones prácticas. Si bien nuestro comentario es crítico, es nuestro deseo abrir – y no cerrar – el debate para considerar este importante tema.
Originalidad/valor – El comentario revisa de manera crítica las conclusiones del artículo publicado por Aguinis y colegas en este mismo número.
Objetivo
O objetivo do presente comentário do artigo de Aguinis, Martin, Gomez-Mejia, O’Boyle e Joo (publicado neste mesmo número) é motivar aos seus leitores a examinar a nova intuição que proporciona no futuro mas, infelizmente, desestimar os resultados deste trabalho em concreto.
Metodologia – O Google Scholar diz-nos que mais de duzentos e cinquenta mil estudos examinam a relação entre compensação do CEO e performance da empresa. Aguinis et al. (2018) examinam uma boa parte desses estudos. Observando que a distribuição da compensação do CEO é enviesada, eles questionam os trabalhos que assumem uma distribuição normal. Corrigindo a falha, Aguinis et al. (2018) conduzem a sua própria investigação desta relação. Contrariamente a trabalho anterior, eles não encontram uma relação empírica consistente entre pagamento e performance. Revemos e discutimos o seu trabalho com enfoque especial nas suas implicações para a compreensão destas relações.
Resultados – Não podemos aceitar os resultados da investigação de Aguinis et al. (2018) tal como está. Dizendo porquê, terminamos o nosso comentário com algumas ideias que nos ajudam a perceber se dar conta duma distribuição enviesada de compensação do CEO realmente revoluciona a nossa compreensão da governança corporativa.
Implicações – A evidência estatística de Aguinis et al. (2018) levanta implicações práticas provocadoras, se não mesmo profundas. Sendo a nossa revisão crítica, pretendemos abrir – e não fechar – a continuação da consideração destes assuntos.
Originalidade/valor – O comentário faz uma revisão crítica das conclusões do artigo de Aguinis e colegas, neste número.
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Keywords
- Corporate governance
- Research methods
- Firm performance
- Chief executive officer (CEO) compensation
- CEO pay
- Pay-for performance
- Retribución del consejero delegado (CEO)
- Rendimiento empresarial
- Retribución por resultados
- Gobierno corporativo
- Compensação do chief executive officer (CEO)
- Performance da empresa
- Pagamento pela performance
- Governação corporativa
Behavioral threat assessment and intervention is a violence prevention strategy that has become widely used in US schools. Instead of relying on a zero tolerance disciplinary…
Abstract
Behavioral threat assessment and intervention is a violence prevention strategy that has become widely used in US schools. Instead of relying on a zero tolerance disciplinary approach that often leads to school exclusion of students with disabilities, schools can use a multidisciplinary threat assessment team to assess the seriousness and context of a student's behavior and identify appropriate interventions and supports. This process is especially valuable for students with disabilities who are identified as threatening violence. This chapter describes an evidence-based model of threat assessment, the Comprehensive School Threat Assessment Guidelines (CSTAG),1 reviews some common misunderstandings of threat assessment, and presents a case example illustrating the value of threat assessment in preventing school exclusion, and provides services for a student with a disability.
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Rob Gray, Jan Bebbington and David Collison
The purpose of this research is to seek to understand and explain the non‐governmental organisation (NGO) and its location in civil society in order to provide a basis for future…
Abstract
Purpose
The purpose of this research is to seek to understand and explain the non‐governmental organisation (NGO) and its location in civil society in order to provide a basis for future research work. The paper aims to explore and develop understandings of accountability specifically in the context of the NGO and then extend these insights to the accountability of all organisations.
Design/methodology/approach
The paper is framed within a theoretical conception of accountability and is primarily literature‐based. In addition secondary data relating to the issues of concern are collated and synthesised.
Findings
The research finds that the essence of accountability lies in the relationships between the organisation and the society and/or stakeholder groups of interest. The nature of this relationship allows us to infer much about the necessary formality and the channels of accountability. In turn, this casts a light upon taken‐for‐granted assumptions in the corporate accountability and reminds us that the essence and basis of success of the corporate world lies in its withdrawal from any form of human relationship and the consequential colonisation and oppression of civil society.
Research limitations/implications
The principal implications relate to: our need to improve the analytical incisiveness of our applications of accountability theory; and the possibility of the accounting literature offering more developed insights to the NGO literature. The primary limitations lie in the paper in being: exploratory of a more developed understanding of accountability; and a novel excursion into the world of the NGO and civil society – neither of which feature greatly in the accounting literature.
Practical implications
These lie in the current political struggles between civil society and capital over appropriate forms of accountability. Corporations continue to avoid allowing themselves to be held accountable whilst civil society organisations are often accountable in many different and informal ways. Ill‐considered calls from capital for more oppressive NGO accountability are typically, therefore, hypocritical and inappropriate.
Originality/value
NGOs are introduced in a detailed and accessible way to the accounting literature. The concept of accountability is further developed by examination of relationships and channels in the context of the NGO and, through Rawls' notion of “closeness”, is further enriched.
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While in common English-language parlance speaking of “online celebrities” encourages the conflation of new forms of famousness with existing discourses on mass media stardom and…
Abstract
While in common English-language parlance speaking of “online celebrities” encourages the conflation of new forms of famousness with existing discourses on mass media stardom and fandom, the Mandarin Chinese term wanghong, a shorthand term for wangluo hongren (literally “person popular on the internet”), frames the enticing shores of online celebrity through the peculiar lexical domain of a grassroots popularity. The figure of the wanghong has in recent years accompanied the development of social media platforms in China, becoming a profitable profession, an inspirational role model, a morally condemnable by-product of internet economies, and in general a widely debated social phenomenon among local users. Drawing on interviews with more and less successful local online celebrities and discussions with their audiences, this chapter offers an up-to-date portrayal of the various forms of wanghong currently vying for attention on Chinese social media platforms, illustrating how popularity is crafted along with narratives of professionalism and economic aspirations intimately connected to the sociotechnical contexts of contemporary China.
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Jeffrey Joseph Haynie, C. Brian Flynn and Shawn Mauldin
The authors examined the simultaneous indirect effects of proactive personality (PP) and core self-evaluations (CSEs) on the work outcomes of employee task performance and…
Abstract
Purpose
The authors examined the simultaneous indirect effects of proactive personality (PP) and core self-evaluations (CSEs) on the work outcomes of employee task performance and affective organizational commitment (AOC) via job engagement. Additionally, the authors tested the potential energizing capacity of high negative work affect in this process. The paper aims to discuss these issues.
Design/methodology/approach
Data were collected from a sample of teachers in the South-Eastern USA (n=193). The online survey assessed PP, CSE, work affect, job engagement and AOC. Employee task performance was obtained from archival sources.
Findings
The results indicated that job engagement mediated the relationships of PP and CSE with employee task performance and AOC. Additionally, negative work affect strengthened the PP-job engagement-work outcomes relationship when it was high.
Research limitations/implications
PP and CSE individuals appear to devote their job engagement energies for differing reasons. These distinctions are further supported by high negative work affect being found to bolster the PP-job engagement-work outcomes relationship only. Future research should continue to investigate the unique contributions made by PP and CSE to job engagement.
Originality/value
By examining PP, CSE, negative work affect and job engagement within a conservation of resources (COR) lens, the authors were able to further distinguish through interpretation of the findings the motivational aspects of PP and CSE as well as providing an instance where negative work affect can incite additional job engagement.