Martin Knapp, Kostas Harissis and Spyros Missiakoulis
The rate at which staff change jobs has long posed a serious problem for employers in the private and public sectors. Generally speaking, staff turnover breaks the stability…
Abstract
The rate at which staff change jobs has long posed a serious problem for employers in the private and public sectors. Generally speaking, staff turnover breaks the stability, consistency and continuity of work, makes long‐term planning more difficult, leads to shortages of staff which in turn can raise the workloads of other employees, and raises the costs of recruiting and training staff. Fluctuating turnover rates make long‐term manpower planning extremely difficult, and can spark off a spiralling series of staffing problems and difficulties.
Spyros Missiakoulis, R.E. Pahl and Peter Taylor‐Gooby
Cross‐class affiliation and unpaid work in and around the home are important in affecting the propensity of an individual to vote Conservative, as are elements of patterns of…
Abstract
Cross‐class affiliation and unpaid work in and around the home are important in affecting the propensity of an individual to vote Conservative, as are elements of patterns of domestic interaction. Regardless of whether occupational status is a relatively transitory phenomenon in a woman's life it seems to influence her voting behaviour and that of her husband. Political consciousness as evidenced by the propensity to vote Conservative in the 1979 election is explored as to how women's occupational class “makes a difference”. Elements for determining political consciousness include the production relation of both men and women in the household, the relations to the means of consumption of household members and the social interaction of men and women engaged in a variety of other forms of work in and around the house. A very complex set of data is required to study these three spheres. The Sheppey survey explores the relative significance of households' relationships to production and consumption as well as the interactions of men and women inside the dwelling. In 1981 a survey of 526 household couples on the island gave detailed information about their social and economic behaviour inside and outside the house. No previous study of voting behaviour, or the determinants of political consciousness has had access to such material: 403 respondents actually voted — 52 per cent Conservative and 48 per cent for the other parties. Factors associated with voting Conservative are explored. The island was representative of the situation for Great Britain as a whole.
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Spyros Missiakoulis, Dimitrios Vasiliou and Nikolaos Eriotis
We know that estimates of terminal value of long‐term investment horizons are biased. Unbiased estimates exist only for investment horizon of one time‐period. The purpose of this…
Abstract
Purpose
We know that estimates of terminal value of long‐term investment horizons are biased. Unbiased estimates exist only for investment horizon of one time‐period. The purpose of this paper is to suggest a method based on the arithmetic mean in order to obtain unbiased estimates for the terminal value of long‐term investment horizons.
Design/methodology/approach
The method used for the investigation was to employ loss functions or error statistics. Namely, the mean error, the mean absolute error, the root mean squared error, and the mean absolute percentage error was used.
Findings
The suggested method produced the closest values to the actual ones than any other suggested averaging method when the authors examined ten‐year investment horizons for Standard & Poor's 500 index and on Dow Jones Industrial index.
Practical implications
Portfolio managers and individual investors may use this paper's suggestion if they wish to obtain unbiased estimates for investment horizons greater than one time‐period.
Originality/value
The suggestion to equate the time‐period of the observed data to the time‐period of the investment horizons is novel and useful to practitioners since it produces unbiased estimates.
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In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of…
Abstract
In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.