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1 – 10 of over 3000This paper aims to use the origin story of Dalhousie’s Faculty of Management as a foil for unpacking the tensions between deep disciplinary specialization and liberal education in…
Abstract
Purpose
This paper aims to use the origin story of Dalhousie’s Faculty of Management as a foil for unpacking the tensions between deep disciplinary specialization and liberal education in business schools in Canada and the USA. Ultimately, the paper reveals that those tensions are not irreconcilable, and that through the fortunes of historical contingencies and deliberate decision-taking, a faculty can embrace the benefits of both breadth and depth.
Design/methodology/approach
The paper proposes a critical organizational history of management education through a case study. By drawing on secondary literature and archival sources, the authors focus on moments in business education, such as the founding of the Wharton School of Business, the release of the Carnegie and Ford Reports and the trend towards increased specialization to situate a case study of Dalhousie University’s Faculty of Management.
Findings
The authors find that the evolution of business education in North America from its broad, liberal origins towards narrow, specialization has come at a cost to some of the benefits of business and management education. An alternative approach, one reflected in the design of Dalhousie’s Faculty of Management, its programme offerings and its interconnection with other disciplines, enables the advantages of deep disciplinarity to co-exist (and cross-inform) with the advantages of liberal approach to knowledges.
Originality/value
The Dalhousie model offers business schools an example of a faculty that balances the rich insights of liberal interdisciplinarity with the need for sophisticated approaches to more granular, often disciplinary, topics. In addition, the paper offers the story of a multidisciplinary management faculty, some explanation for how that faculty was maintained despite pressures towards specialization; and in doing so, contributes to the limited historical research of management education, particularly in Canada, post-2000.
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Adedoyin Isola Lawal, Afees Adebayo Salisu, Russell Olukayode Somoye, Abiola Ayopo Babajide and Joseph Niyan Taiwo
Andrew Blair Staley, Barbara Dastoor, Nace R. Magner and Chandler Stolp
This study examines the contribution of distributive, procedural, and interactional justice in Federal budget decision-making to Federal managers' commitment to the Federal…
Abstract
This study examines the contribution of distributive, procedural, and interactional justice in Federal budget decision-making to Federal managers' commitment to the Federal government as an employing organization. A total of 1,358 useable surveys were received from a sample of 9,643 managers. Reliability coefficients were acceptable (> .70), and intercorrelations consistent with previous studies. Hierarchical regression analysis supported only maineffect relationships between procedural justice and interactional justice and managers' organizational commitment. No support was found for a main effect relationship between distributive justice and organizational commitment -- or for any interactive effects. Contrary to models of bureaucratic behavior based on economic theory, these findings may suggest that Federal managers may be motivated primarily by psychological outcomes of budget decisions.
ABM Fazle Rahi, Jeaneth Johansson and Catherine Lions
This study aims to examine the factors that influence the relationship between sustainability and financial performance (FP) of the European listed companies.
Abstract
Purpose
This study aims to examine the factors that influence the relationship between sustainability and financial performance (FP) of the European listed companies.
Design/methodology/approach
This study analyzed data from 795 companies in 21 European countries by applying linear mixed-effects multilevel regressions, a two steps system generalized method of moments and quantile regression models to uncover the links between sustainability and FP.
Findings
The past four decades have witnessed abundant research to determine the relationship between corporate sustainability and FP. Thus, conducting further research in 2023 could be seen as “reinventing the wheel.” Yet, earlier research considered firms as isolated entities with sustainability and FP being dependent only on that firm’s actions. By contrast, with the help of network governance theory, this study shows that a firm’s sustainability and FP depend on an interplay among interorganizational actors, such as institutional qualities, macroeconomic factors and an embrace of sustainability. Here, large firms play an essential role. Three significant findings are drawn. First, sustainability performance has a significant impact on FP in the European context. Second, the institutional quality (IQ) of the rule of law and control of corruption plays a crucial role in enhancing sustainability and FP, and finally the interaction of IQ and economic growth helps to increase companies’ market value (Tobin’s Q). The consistent and empirically robust findings offer key lessons to policymakers and practitioners on the interplay among multiple actors in corporate sustainability and FP.
Practical implications
A synergetic multifaced relationship between governmental institutions and corporations is inevitable for ensuring sustainable development. The degree of intimacy in the relationship, of course, will be determined by the macroeconomic environment.
Originality/value
In this research, this study theoretically and empirically identified that corporate sustainability and FP are not solely dependent on corporate operation. Rather, it is transformed, modified and shaped through an interaction of multiple actors’ trajectories in the macro business environment.
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Saeid Tajdini, Mohsen Mehrara and Reza Tehrani
Risk and return are the most important components in the financial and investment world and the existence of a better balance between them with the goal of the best solution for…
Abstract
Purpose
Risk and return are the most important components in the financial and investment world and the existence of a better balance between them with the goal of the best solution for investing in different assets has always been studied and discussed by researchers. For this purpose in this study introduced the Hybrid Balanced Justified Treynor ratio (HBJTR) criterion.
Design/methodology/approach
This study introduced the HBJTR criterion, which has three major attributes, including combination of both the frequency and severity of the risk using Markov regime switching model which was modeled on the Justified Beta (Jßi). The second is the merger of data of both the cycles of boom and recession, which was modeled on the Hybrid Justified Treynor Ratio (HJTR). The third was the balancing act in two periods of boom and recession, which was introduced on the HBJTR model.
Findings
Based on a weighted averaging of the Justified Treynor ratio of both the cycles of boom and recession, which was introduced by the HJTR term in this study, the superiority in the first grade related to the two indexes were sugar index (0.0096) and insurance index (0.0053). Finally, using the final model in this study, namely HBJTR, the overall advantage was the defensive index, i.e. the insurance index of 1.23.
Originality/value
In other words, the HBJTRi criterion consists of three steps: first, the Justified Beta (Jßi) and Justified Treynor ratio of each index using two regimes of Markov switching model were calculated for each of the cycles of boom and recession separately according to formulas 8 and 9. In the second step, the weighted average was taken from both Justified Treynor ratios of boom and recession cycles, which was called the HJTR. In the third step, to calculate the HBJTR criterion
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This study aims to assess the effects of commonly examined police stressors' on the members of a developing country's centralized police department: Turkish National Police (TNP).
Abstract
Purpose
This study aims to assess the effects of commonly examined police stressors' on the members of a developing country's centralized police department: Turkish National Police (TNP).
Design/methodology/approach
This study is based on a data collected through a self‐administered survey among the members of the TNP during the summer of 2005 (n=812). Using multivariate level OLS regression models, predicting effects of commonly examined police stressors on the participants' stress levels are analyzed. Findings are evaluated in comparison to existing literature about police stress.
Findings
This study indicates that organizational issues are the most important causes of stress in policing. Besides, it was found that several police stressors, as found for local police departments, might not be having the same effects for larger, centralized police departments.
Practical implications
Modern policing can be a less stressful job if the police organizations take necessary steps towards applying modern management techniques at both macro and micro levels. Demographic differences, danger at work, or workload should not be counted as predictors of stress in policing without a through consideration of organizational matters.
Originality/value
This is the first study empirically and systematically assessing the issue of stress among the members of the TNP. In addition, it is one of the rare studies published in English regarding the issue of police stress in a developing country.
Bishal B.C., Weiwei Wang, Ayfer Gurun and William Cready
For this study, the authors document day-of-the-week trading patterns of individual investors using a unique data set of NYSE-listed firms and discuss their influence on the…
Abstract
Purpose
For this study, the authors document day-of-the-week trading patterns of individual investors using a unique data set of NYSE-listed firms and discuss their influence on the Monday effect. It is found that Monday stock returns are generally lower than those of other weekdays and, on average, negative. Unlike previous researchers, the authors use actual trading data for individual investors rather than proxies to measure individual investor activity, such as the percentage of odd-lot trading. The results demonstrate that the trading activity of individual investors on Mondays is lower than previously documented. This finding contradicts the long-held belief that individual investors are most active on Mondays. In addition, the authors find that individual investors’ trading activity during the week broadly follows corporate announcement patterns. The least amount of firm-specific information is released on Friday, followed by Monday, Tuesday, Thursday and Wednesday. Accordingly, individual investors trade the least number of shares on Friday, followed by Monday, Tuesday, Thursday and Wednesday, strengthening the argument that individual investors trade on attention-grabbing stocks. Taken together, the authors’ findings challenge those of previous studies that hold individual investors responsible for the Monday effect. The paper aims to discuss this issue.
Design/methodology/approach
The authors use actual trading data for individual investors rather than proxies to measure individual investor activity, such as the percentage of odd-lot trading, to study the existence of Monday effect in stock prices.
Findings
The results show that the trading activity of individual investors on Mondays is lower than previously documented. This finding contradicts the long-held belief that individual investors are most active on Mondays. In addition, the authors find that individual investors’ trading activity during the week broadly follows corporate announcement patterns.
Research limitations/implications
The authors find that individual investors’ trading activity during the week broadly follows corporate announcement patterns. The least amount of firm-specific information is released on Friday, followed by Monday. Accordingly, individual investors trade the least number of shares on Friday, followed by Monday, strengthening the argument that individual investors trade on attention-grabbing stocks. Taken together, the authors’ findings challenge those of previous studies that hold individual investors responsible for the Monday effect.
Practical implications
Financial advisors.
Originality/value
The authors find that individual investors’ trading activity during the week broadly follows corporate announcement patterns. The authors challenge the commonly hold view that individuals often make trading decisions during weekends and thus trade on Mondays, and find that the least amount of firm-specific information is released on Friday, followed by Monday. Accordingly, individual investors trade the least number of shares on Friday, followed by Monday. Taken together, the authors’ findings challenge those of previous studies that hold individual investors responsible for the Monday effect.
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Many empirical studies have focused on whether public funding leverages (crowds in) or discourages (crowds out) private giving behavior, finding mixed results. Recent studies…
Abstract
Purpose
Many empirical studies have focused on whether public funding leverages (crowds in) or discourages (crowds out) private giving behavior, finding mixed results. Recent studies suggest the need to examine how nonprofits adjust their fundraising efforts after experiencing cuts or increases in government funding, which can then influence donor behavior.
Design/methodology/approach
In this study, the authors conduct an online survey experiment with nonprofit managers to test how nonprofits respond to changes in government funding.
Findings
The authors find some evidence that nonprofit organizations would change their fundraising expenses when facing cuts in government funding, yet the authors also find that the change could be either to increase or decrease fundraising spending. Since decisions are made by executive directors, the study also considered how executive personality type as maximizers or satisficers may interact with institutional and environmental constraints in decision-making. When funding goals are met, executives tend to behave as “satisficers” and are unlikely to make significant changes, even when their individual personality is more consistent with being a “maximizer.”
Research limitations/implications
The authors find these results to be the reflection of the current environment in which many nonprofits operate, characterized by pressures to keep operating costs low. The results of the experiment have implications for both funding agencies and nonprofits that strive to enhance the capacity of nonprofit services.
Originality/value
This study is the first attempt to untangle the multilayered relationships between government funding, fundraising, leader preferences and personalities, and donations using an experimental approach with current nonprofit leaders.
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During the 1920s and 1930s in the colonial city of Seoul, a group of women called the New Women and the Modern Girls expressed their modern identities by wearing different…
Abstract
Purpose
During the 1920s and 1930s in the colonial city of Seoul, a group of women called the New Women and the Modern Girls expressed their modern identities by wearing different clothing, hairstyles and make-up; visiting cafés; viewing Western movies; and consuming other foreign merchandise. While these women were admired by many women as being pioneers of modernity, they were severely criticized by others under the pretext that they indulged their vanity without considering the economy of their families and their colonized nation. These criticisms continue in twenty-first century Korea. Based on the striking similarity between the two eras, an understanding of the consumption and the criticisms of the Modern Girls could provide a historical context for understanding women's experiences in the consumer culture of twenty-first century Korea. The paper aims to discuss these issues.
Design/methodology/approach
As secondary sources, literature published in both English and Korean was included. Primary data were obtained from articles in Korean newspapers, magazines and print advertisements from the 1920s and 1930s.
Findings
The New Women and Modern Girls expressed their modern identities by consuming various fashion goods, including Western-style clothes, make-up and various accessories, adopting Western hairstyles and frequenting modern cafés, theaters and department stores. However, their behaviors escaped the boundaries of the “wise mother, good wife” ideology, and they were severely criticized by those adhering to the neo-Confucianism and Korean nationalist ideology that was deeply rooted in Korean society. Thus, the reputations of the Modern Girls were tainted and the individuals were stigmatized.
Originality/value
This research illuminates the negative aspects of self-expressive consumption, showing how individualistic, identity-driven consumption can be stigmatized in the collectivistic culture of Korea that is rooted in neo-Confucian nationalism.
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