Jon Landry, David Edgar, John Harris and Kevin Grant
This paper aims to investigate, through the lens of the principal–agent problem, the relationship between payment of National Hockey League (NHL) salaries and player performance…
Abstract
Purpose
This paper aims to investigate, through the lens of the principal–agent problem, the relationship between payment of National Hockey League (NHL) salaries and player performance during the period of 2005-2011 and explore the inherent issues within the NHL player compensation and incentive structure.
Design/methodology/approach
The research adopts a pragmatic philosophy with deductive reasoning. This paper focuses on the NHL season 2005-2011 and undertake analysis of historical player contracts and performance data of 670 players across 29 clubs to undertake liner regression analysis.
Findings
This paper quantifies potential inefficiencies of NHL league contracts and defines the parameters of the principal–agent problem. It is identifies that player performance generally increases with salary, is higher in the first year of a contract and despite decreasing over the life of the contract, will usually peak again in the final year of the contract.
Research limitations/implications
The research is based around figures from 2005-2011 and secondary statistical data. The study captures quantitative data but does not allow for an exploration of the qualitative perspective to the problem.
Practical implications
Entry-level or first contracts are good for all teams and players because they provide incentive to perform and a reduction of risk to the team should a player not perform to expectations. The same can be said for players at the other end of the spectrum. Although not typically used much, performance bonuses for players over the age of 35 allow clubs to “take a chance” on a player and the player can benefit by reaching attainable bonuses. These findings therefore provide contributions to the practicing managers and coaches of NHL teams who can consider the results to help shape their approach to management of players and the planning of teams and succession planning for talent.
Originality/value
The paper presents a comprehensive and current perspective of the principal–agent problem in NHL and extends the work of Purcell (2009) and Gannon (2009) in understanding player performance enhancement.
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Kelley O'Reilly and David Paper
A paucity of literature considers a growing trend within the retail space whereby franchise companies and their franchisees market and sell products and services across multiple…
Abstract
Purpose
A paucity of literature considers a growing trend within the retail space whereby franchise companies and their franchisees market and sell products and services across multiple channels, including company‐owned retail stores. This case study aims to explore the processes used to support the customer experience, the control mechanisms that are in place, and the channels by which these customer‐company interactions occur.
Design/methodology/approach
A qualitative approach employing an adaptation of the grounded theory method for data collection, coding, and analysis was used and this study specifically focused on an international van‐based service franchise during the integration of the franchise company's service into the retail brick‐and‐mortar locations of the parent company. Participants included retail employees of the parent company, franchise company support staff, franchisees, and third‐party call center agents working for the parent company.
Findings
Findings suggest a relationship exists between the alignment of the internal factors of the customer relationship management (CRM) experience (e.g. people, processes, and technology) and the relative strength or weakness of each external factor (e.g. customer, company, and competition). Moreover, it is postulated that weaker customer‐centric service results in greater misalignment of internal factors and leads to larger service variability, or sub‐optimized CRM.
Originality/value
The unique contribution of this research is the juxtaposition of the disparate marketing approaches of the parent company and franchisees and the subsequent impact on CRM efforts of the company. A conceptual model of internal and external factors of the CRM experience is presented.
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Deirdre McQuillan and Pamela Sharkey Scott
The leading frameworks of internationalization have contributed significantly to our knowledge of how firms internationalize, but do not fully explain how firms actually create…
Abstract
The leading frameworks of internationalization have contributed significantly to our knowledge of how firms internationalize, but do not fully explain how firms actually create and capture value from customers when internationalizing their activities. Understanding the value creation and capture activities defining their business model(s) is critical for firms moving into less familiar markets, and is particularly relevant for service firms where variability is an inherent feature of the firm/client experience. To address this gap, we take a business model perspective to analyze 144 internationalization events of 10 professional service firms. We find that the case firms adopted four different business models when internationalizing, and that single firms may utilize portfolios of business models. Our findings contribute to both the services internationalization and business model literatures by showing how variability in the internationalization process substantiates the need for business model portfolios.
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Beng Huat See and Stephen Gorard
The purpose of this paper is to summarise the results of a review of the literature linking parental involvement in their child’s education to attainment at or before primary…
Abstract
Purpose
The purpose of this paper is to summarise the results of a review of the literature linking parental involvement in their child’s education to attainment at or before primary school.
Design/methodology/approach
The search involved nine electronic databases supplemented by other sources, and yielded 4,898 apparently relevant reports. Of these, 127 were reports of attempted evaluations to see whether enhancing parental involvement led to higher attainment outcomes for children.
Findings
None of these studies was a large, robust evaluation. The overwhelming majority (121/127) reported research with serious limitations, and they were almost equally divided between those claiming success and those saying that the intervention had been ineffective or harmful. Of the remaining six, three offered positive outcomes, and these were generally complex interventions in which parental involvement was only part of a package of measures taken to improve results.
Originality/value
Therefore, the paper has three main messages for an area where practice and policy interventions abound. Research has to improve greatly.
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This paper aims to review multiple historical perspectives on urban regeneration interventions while also serving as a prologue to and the rationale for a Special Issue of the…
Abstract
Purpose
This paper aims to review multiple historical perspectives on urban regeneration interventions while also serving as a prologue to and the rationale for a Special Issue of the Journal of Place Management and Development (JPMD) on Placemaking and Sustainable Urban Regeneration in Japan.
Design/methodology/approach
The paper reviews the literature on city center regeneration, with particular attention to the USA and the UK contexts. The emphasis is on comparing and contrasting what have become known as the North American and European regeneration models. This background is helpful to place the Special Issue in a broad international context.
Findings
The key finding is that the history of planning city centers appears to be largely a response to urbanization and the problems it has brought forward. The papers in this JPMD’s Special Issue exemplify this finding with cases from Toyama, Kanazawa and Tokyo.
Originality
Cities are transformed as their centers grow and develop. City centers represent important anchor points in every community. However, evolving functional decentralization has occurred mostly due to changes in flows of capital, people, materials and other socio-economic transformations. The review shows how urban regeneration programs tend to be implemented to correct and or improve physical, socio-economic and environmental problems associated with functional and programmatic decentralization.
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The purpose of this paper is to examine recent government policies that have had direct and indirect effects upon Australian live music venues.
Abstract
Purpose
The purpose of this paper is to examine recent government policies that have had direct and indirect effects upon Australian live music venues.
Design/methodology/approach
The paper provides a review of relevant government policies relating to live music and a case study approach examining live music's role in concepts of the “creative city”.
Findings
Policy affecting venues remains tied to wider governmental notions of risk management. The rise of evidence‐based research about venue activity is one effective means of negating instinctive policies that regard live music activity as simply problematic to night‐time economies.
Originality/value
The paper reveals the current debates and practical obstacles facing live music venues. Its Australian case studies are relevant to similar global debates in the live music industries, and how live music is marketed as part of “creative city” and “cultural city” campaigns.