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Article
Publication date: 7 September 2020

Kelly Carter

The purpose of this paper is to measure the effect of superstar gig workers, defined as independent contractors who are the most successful in their field, on shareholder value…

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Abstract

Purpose

The purpose of this paper is to measure the effect of superstar gig workers, defined as independent contractors who are the most successful in their field, on shareholder value. Gig workers comprise as much as 33% of the workforce and are projected to exceed 50% by 2028. Thus, understanding their impact on shareholder value is important.

Design/methodology/approach

This paper uses OLS regression analysis. To establish causality regarding wealth effects, the sudden deaths of superstar gig workers are used. To facilitate the uncontaminated measurement of wealth effects, sudden deaths that coincide with a significant event on a [−3, 3] window about the death event are not used.

Findings

The sudden death of a superstar gig worker causes shareholder wealth to increase significantly by 0.35% or almost $1.5m. Rational and behavioral explanations are offered for this result.

Research limitations/implications

Generalizability is limited because data on superstar gig workers in traditional corporations are unavailable. For this reason, this paper uses the only available data, namely, data on superstar wrestlers, who are contracted to perform in matches (i.e. “gigs”) in a lucrative promotion (e.g. World Wrestling Entertainment (WWE)). Future research could examine the effect of corporate gig workers on shareholder value if the data become available at some point.

Originality/value

This paper is the first to document the effects of any type of gig worker, whether superstar or regular, on shareholder value.

Details

Managerial Finance, vol. 47 no. 2
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 18 May 2020

Kelly Carter

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

204

Abstract

Purpose

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

Design/methodology/approach

To investigate this issue, the author measures sentimental investors’ reaction to the surprise player transactions of the Boston Celtics, which traded on the New York Stock Exchange for 18 years. The team’s shares were bought mainly as souvenirs by sports fans, whose largely unwavering support makes them perhaps the least likely investors to be influenced by rational information. Thus, if the team’s share price changes because of the arrival of rational information, evidence that sentimental traders price rational information into their valuation of a stock will exist.

Findings

An acquired player’s salary, education and firm-specific experience with the Boston Celtics cause higher returns. This result provides evidence that sentimental traders factor rational information into their valuations of shares. On a broader scale, the findings underscore the importance of rational information to the valuation process, as even sentimental investors price rational information into a stock that is held for sentimental reasons. Moreover, the results are consistent with the nudge theory, in that the arrival of rational information encourages (i.e. nudges) sentimental investors to price the rational information as a rational investor world.

Originality/value

This study is the first to show that sentimental traders also factor rational information into the valuation process – an idea that was likely assumed prior to this study, but was never substantiated.

Details

Managerial Finance, vol. 46 no. 9
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 16 August 2011

Thomas Turner, Michelle O'Sullivan and Daryl D'Art

This paper seeks to explore the recruiting and organising methods used by Irish full‐time union officials to recruit new members in the private sector of the economy.

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Abstract

Purpose

This paper seeks to explore the recruiting and organising methods used by Irish full‐time union officials to recruit new members in the private sector of the economy.

Design/methodology/approach

The analysis is based on a survey of full‐time union officials in eight Irish trade unions.

Findings

Results indicate that the use of organising techniques by officials had no significant impact on changes in membership numbers but did have a significant and positive impact on reported changes in new members. However, the variance explained was extremely modest.

Research limitations/implications

A potential limitation is that the organising model is assessed solely from the perspective of full‐time union officials. An area for future research would be to capture the attitudes and experiences of local activists involved in organising.

Practical implications

The demands of the organising approach require great commitment in terms of time and financial resources for unions. Yet the returns from this investment may be slight as only a relatively weak relationship was found between the number of organising methods used and changes in membership numbers and the recruitment of new members.

Originality/value

To date there has been little systematic study of either the recruitment methods used by Irish trade unions or the relative success of different approaches. Based on a survey of Irish full‐time union officials, this paper attempts to address this lacuna.

Details

Employee Relations, vol. 33 no. 5
Type: Research Article
ISSN: 0142-5455

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Book part
Publication date: 16 September 2014

Umesh Sharma

This chapter reports the development of special education in Australia. The chapter begins with a discussion of general information about the country. This discussion is important…

Abstract

This chapter reports the development of special education in Australia. The chapter begins with a discussion of general information about the country. This discussion is important to understand the overall development of special education considering Australia is a young country with a number of events directly influencing educational activities. It then presents some of the key historical milestones in special education in Australia. Information about the relevant legislation and policy reforms that are relevant to people with disabilities is also discussed. Some of the recent national initiatives that have had significant influence for students with disabilities are also discussed. The last part of the chapter delineates challenges that Australia faces related to the education of children with special needs.

Details

Special Education International Perspectives: Practices Across the Globe
Type: Book
ISBN: 978-1-78441-096-4

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Book part
Publication date: 10 November 2023

Olivia Kyriakidou, Joana Vassilopoulou and Dimitria Groutsis

The unanticipated disruption caused by the ongoing coronavirus pandemic led to the extensive use of flexible working arrangements. In such a boundaryless work environment, however…

Abstract

The unanticipated disruption caused by the ongoing coronavirus pandemic led to the extensive use of flexible working arrangements. In such a boundaryless work environment, however there are significant concerns, especially around inclusivity and discrimination. Given the increasing concerns surrounding hybrid and remote work settings, the authors investigated whether the extent of working in substantially flexible working arrangements relates to employees’ perceived ostracism and inequality, distinguishing between working from home, in a hybrid mode or from the office. In addition, the authors theorised that in flexible working arrangements, high-quality leader relationships, such as leader–member exchange (LMX) and servant leadership are likely to reduce perceptions of ostracism and inequality. Based on a survey of 161 professionals, who worked to varying degrees in flexible working arrangements, the authors found that employees who worked extensively in a hybrid mode were less likely to report experiences of ostracism and inequality in comparison to employees who worked mainly from home or in an office. Furthermore, a moderation analysis showed that the effects of LMX and servant leadership on perceptions of ostracism and inequality were much stronger for individuals who work in hybrid working arrangements than those who work at the office or from home. This research makes an important contribution to our understanding of how different degrees of flexible working arrangements affect employees by demonstrating the role of high-quality leader relationships in reducing perceptions of ostracism and inequality at different degrees of work flexibility.

Details

Contemporary Approaches in Equality, Diversity and Inclusion: Strategic and Technological Perspectives
Type: Book
ISBN: 978-1-80455-089-2

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Article
Publication date: 9 March 2015

Birgitta Sköld and Malin Tillmar

The purpose of this article is to use quantitative empirical data to analyse the degree of resilience, as well as change or reproduction of the gender order, in the era of New…

1941

Abstract

Purpose

The purpose of this article is to use quantitative empirical data to analyse the degree of resilience, as well as change or reproduction of the gender order, in the era of New Public Management. The propositions are constructed based on liberal- and socialist-feminist perspectives, and discussed in light of the empirical results.

Design/methodology/approach

We report from a longitudinal quantitative study of female-dominated welfare industries. Data, available from Statistics Sweden, include the total population of entrepreneurs available on the individual level. However, the level of analysis that was used in the study was in accordance with the industry level. Data were processed from an aggregated level to the most detailed level of classification.

Findings

The findings reveal resilience in the prevailing gender order. The order is being reproduced in the entrepreneurship context, in most of the industries that were studied.

Practical implications

The results may potentially have profound impact on entrepreneurship policy, equality policy and public sector restructuring.

Originality/value

This quantitative longitudinal study shows a complex pattern on the detailed industry level, which can be understood in terms of male gender labelling of entrepreneurship. The results thus support previous qualitative studies that have observed this phenomenon. Methodologically, this paper contributes to the field by showing that without breaking down the analysis into the different female-dominated industries on a five-digit level, the various results of the public sector reforms and the attendant gendered effects would not have been revealed.

Details

International Journal of Gender and Entrepreneurship, vol. 7 no. 1
Type: Research Article
ISSN: 1756-6266

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Book part
Publication date: 19 September 2012

Laurie R. Weingart

Purpose – This chapter examines how we study group dynamics in the organizational behavior literature, in terms of the past, present, and future potential. The goal is to aid…

Abstract

Purpose – This chapter examines how we study group dynamics in the organizational behavior literature, in terms of the past, present, and future potential. The goal is to aid researchers in considering studying group processes in their own work.

Methodology/approach – Examples are given of different approaches used to elucidate how group dynamics can be studied in terms of frequencies, phases, and sequences across a variety of group process domains.

Findings – Results of the review suggest that while there has been more interest in studying group dynamics and examples can be found in the literature, there is still much opportunity for additional research. Advancements in theory and methods provide the means for doing so.

Originality/value – Suggestions are provided for groups researchers on how to put their existing recordings of group processes to work.

Details

Looking Back, Moving Forward: A Review of Group and Team-Based Research
Type: Book
ISBN: 978-1-78190-030-7

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Available. Content available
Article
Publication date: 1 March 2005

Jianwen Liao, Patrick J. Murphy and Harold Welsch

In this article we define, validate, and propose a construct of entrepreneurial intensity, or the degree of entrepreneurship in firms. First, in defining the construct, we explore…

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Abstract

In this article we define, validate, and propose a construct of entrepreneurial intensity, or the degree of entrepreneurship in firms. First, in defining the construct, we explore theoretical differences between entrepreneurial intensity and orientation in order to distinguish it. Second, we empirically validate a measure of entrepreneurial intensity using data based on a sample of 563 entrepreneurs. Third, we propose avenues for research on how entrepreneurial intensity distinguishes entrepreneurs and entrepreneurial action. Finally, we detail theoretical implications of using entrepreneurial intensity as an antecedent and outcome.

Details

New England Journal of Entrepreneurship, vol. 8 no. 2
Type: Research Article
ISSN: 1550-333X

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Article
Publication date: 12 December 2018

Susan Gordon, Chun-Hung (Hugo) Tang, Jonathon Day and Howard Adler

This paper aims to examine whether employee subjective well-being acts as a mediator in the relationship between perceived supervisor support and turnover intention within the…

3579

Abstract

Purpose

This paper aims to examine whether employee subjective well-being acts as a mediator in the relationship between perceived supervisor support and turnover intention within the context of select-service hotels.

Design/methodology/approach

The sample included hourly employees in select-service hotels in the Midwest USA. The significance of the relationships was assessed using regression, and both the Sobel test and bootstrapping methods were performed to test the mediating effect of subjective well-being on the relationship between perceived supervisor support and turnover intention.

Findings

The results confirm subjective well-being acted as a partial mediator in the relationship between supervisor support and turnover intention. Employees who perceive higher levels of support from their supervisors are less likely to leave their organizations. At the same time, supervisor support also positively affects subjective well-being, which reduces turnover intention.

Practical implications

Actions by supervisors’ impact the well-being of their employees, which in turn may influence whether an employee stays with the organization. Organizations could use management training and employee feedback on supervisor support to improve employee support mechanisms. Organizations should also pay attention to improving employee subjective well-being beyond the work place. Improving the well-being of employees and supporting employees can help reduce turnover and may increase employee satisfaction, guest satisfaction and profits.

Originality/value

This study is the first to show that subjective well-being mediates the relationship between supervisor support and turnover intention; and one of the few within the hospitality context to examine the constructs of subjective well-being, supervisor support and turnover together.

Details

International Journal of Contemporary Hospitality Management, vol. 31 no. 1
Type: Research Article
ISSN: 0959-6119

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Article
Publication date: 6 February 2017

Juan Pablo Sarmiento

The purpose of this paper is to map out and characterize existing health-promotion initiatives at Florida International University (FIU) in the USA in order to inform decision…

2974

Abstract

Purpose

The purpose of this paper is to map out and characterize existing health-promotion initiatives at Florida International University (FIU) in the USA in order to inform decision makers involved in the development of a comprehensive and a long-term healthy university strategy.

Design/methodology/approach

This study encompasses a narrative literature review on health promotion in higher education institutions and the identification and characterization of the various health-promotion initiatives associated with the subject of healthy universities at FIU. The characterization of health-promoting initiatives relied on the stakeholder analysis approach. Using the information obtained from this study, a map for promoting health initiatives with their location, capacities, leadership, and resources was established.

Findings

Most publications on health-promoting universities are limited to partial experiences’ reproduction. Self-financing health-promoting initiatives foster competition and work in silos. Gains of health-promotion interventions require governance, participation, and academic considerations. This study highlights the need for standards and minimum requirements for the mapping and characterization of health-promoting initiatives within institutions of higher education. The health-promotion strategy should fall within the university’s social responsibility policy.

Originality/value

This study helps identify organizational strengths and weaknesses and can inform decision makers seeking to establish policies and strategies as well as defining priorities and courses of action for healthy universities.

Details

Health Education, vol. 117 no. 2
Type: Research Article
ISSN: 0965-4283

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