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1 – 10 of 25Anil K. Giri, Carrie Litkowski, Dipak Subedi and Tia M. McDonald
The purpose of this study is to examine how US farm sector performed in 2020, the first year of the pandemic. There were significant supply and demand shocks due to the pandemic…
Abstract
Purpose
The purpose of this study is to examine how US farm sector performed in 2020, the first year of the pandemic. There were significant supply and demand shocks due to the pandemic. Furthermore, there was significant fluctuation in commodity prices and record high government payments in 2020. This study aims to examine the performance and position of US farm sector (financially) to system (and global economy) wide shocks.
Design/methodology/approach
The authors examine 2020 values for farm sector financial ratios before and after the onset of the Coronavirus (COVID-19) pandemic using the data from the United States Department of Agriculture to understand the financial position and performance of the US farm sector.
Findings
The authors find solvency ratios (which are indicators of the sector's ability to repay financial liabilities via the sale of assets) worsened in 2020 relative to pre-pandemic expectations. Efficiency ratios (which evaluate the conversion of assets into production and revenue) and liquidity ratios (which are indicators of the availability of cash to cover debt payments) showed mixed outcomes for the realized results in 2020 relative to the pre-pandemic forecasts. Four profitability ratios were stronger in 2020 relative to pre-pandemic expectations. All solvency, liquidity and profitability ratios plus 2 out of 5 efficiency ratios for 2020 were weaker than their respective average ratios obtained from 2000 to 2019 data.
Originality/value
This research is one of the first papers to use financial ratios to examine how the US farm sector performed in 2020 compared to expectations prior to the pandemic.
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Tia M. McDonald, Jonathan Law, Anil K. Giri and Dipak Subedi
In recent years, socially disadvantaged farmers and ranchers have increased their usage of nontraditional lending nearly converging to levels of usage observed for nonsocially…
Abstract
Purpose
In recent years, socially disadvantaged farmers and ranchers have increased their usage of nontraditional lending nearly converging to levels of usage observed for nonsocially disadvantaged groups. The purpose of this research is to explore explanations for this trend in lending utilization by socially disadvantaged farmers and ranchers by examining factors that influence credit usage and credit choice.
Design/methodology/approach
A multinomial logit is used to estimate the probability of loan choice given characteristics of the producer and farm.
Findings
While not a causal analysis, the results suggest that farm characteristics, which differ between socially disadvantaged and nonsocially disadvantaged producers, are associated with a lower likelihood of credit usage by an average socially disadvantaged farmer. For those that have loans, socially disadvantaged producers exhibit higher debt-to-asset ratios and lower current ratios, characteristics that are typically associated with higher than observed probability of usage of loans other than nontraditional. Socially disadvantaged producers also have lower value of assets which is associated with a higher probability of nontraditional loan usage.
Originality/value
This research is among the first to examine loan usage of socially disadvantaged producers using nationally representative data.
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Ellen R. Peeters, Marjolein C.J. Caniëls and Marijke Verbruggen
To deepen the understanding of the process of growth and development of career resilience, this study aims to investigate the impact of career history and openness to change as…
Abstract
Purpose
To deepen the understanding of the process of growth and development of career resilience, this study aims to investigate the impact of career history and openness to change as antecedents of career resilience and the effect of career resilience on career self-management and career outcomes (salary and career satisfaction) over time using the Career Construction Theory.
Design/methodology/approach
The authors applied structural equation modeling with cross-lagged associations between career characteristics (number of employees, job seniority and missed promotions), openness to change, career resilience, individual career management (ICM) and career success (salary and career satisfaction) using three-wave data of 872 employees.
Findings
Openness to change had cross-lagged positive relationships with career resilience. The number of (previous) employers and missed promotions had a positive effect on career resilience, whereas job seniority was related negatively to career resilience. Furthermore, career resilience had a positive effect on individual career self-management in terms of networking, practical things and drawing attention over time. No effect was found on the individual career self-management dimension of mobility-oriented behavior over time. Finally, ICM had a positive effect on salary and career satisfaction over time.
Originality/value
Altogether these results suggest that career resilience is not only a way to stay active as an employee and cope with career changes, but it also enhances employees’ chances to achieve objective and subjective career success.
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Tyler Milfeld and Daniel J. Flint
A growing number of consumers expect brands to take a stand on social issues. When Gillette launched its video with a social message in 2019, the popular press described it as…
Abstract
Purpose
A growing number of consumers expect brands to take a stand on social issues. When Gillette launched its video with a social message in 2019, the popular press described it as divisive and controversial. This study aims to examine themes behind the polarized consumer response, aiding brands in the development of social narrative videos.
Design/methodology/approach
The authors use an existential-phenomenological approach to investigate the meaning behind consumers’ reactions to the Gillette video. Empirical data collection consisted of 24 semi-structured, in-depth interviews. Data were analyzed using the hermeneutic method.
Findings
By viewing the Gillette video through the lens of a story, this research uncovers how marketing stories can lead to different interpretations. Specifically, the roots of polarization lie in perceived realism activation and character activation. Additionally, product placement may activate persuasive intent, interrupting immersion into the story.
Practical implications
Brand managers should consider the potential for alternative interpretations when using storytelling. By measuring a viewer’s narrative transportation, it is possible to identify different interpretations. From a tactical standpoint, brand managers should be cautious about using celebrity endorsers and prominent product placement in social narrative videos. These cues activate persuasive intent, leading to alternative interpretations.
Originality/value
While marketing research has tended to focus on storytelling’s positive outcomes, this research considers how stories can result in polarizing outcomes for brands. The concept of social narrative videos is introduced and a framework is presented that outlines facilitators and inhibitors for this type of brand communication.
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Joshua Burgher and Herbert Hamers
The purpose of this paper is to provide a decision support model for optimizing the composition of portfolios of market-driven academic programs, primarily in schools offering…
Abstract
Purpose
The purpose of this paper is to provide a decision support model for optimizing the composition of portfolios of market-driven academic programs, primarily in schools offering market-driven academic programs. This model seeks to maximize financial performance during a desired planning time period while also achieving targets for other non-financial dimensions of the portfolio (e.g. mission alignment, student demographics and faculty characteristics) by deciding the types of programs to be added, redesigned and/or removed for each year of the planning period.
Design/methodology/approach
This paper introduces an integer linear program (i.e. mathematical optimization) to describe the portfolio optimization problem. Integer linear programs are widely used for optimizing portfolios of financial and non-financial products and services in non-educational settings. Additionally, in order to use an integer linear program for the model, qualitative data must be incorporated into the quantitative model. To do so, this paper first discusses two methods of quantifying qualitative information related to market-driven program dimensions in the following section.
Findings
The paper provides empirical insights related to the impact of this model through an illustrative case from a school offering market-driven academic programs at a prestigious private university in the USA. The results of the case highlight the potential positive impact of utilizing a similar model for planning purposes. Financially, the model results in almost double financial surplus than without the model while also achieving higher scores for all non-financial dimensions measured for the portfolio analyzed.
Originality/value
This paper provides a unique and impactful model for decision support in strategic planning for market-driven academic programs, an area of intense discussion and focus in higher education today.
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Anna Tickle, Natalie Cheung and Clare Walker
The Mental Health Recovery Star (MHRS) has received focus at a national policy level in consideration of outcome measurement within mental health services. The purpose of this…
Abstract
Purpose
The Mental Health Recovery Star (MHRS) has received focus at a national policy level in consideration of outcome measurement within mental health services. The purpose of this paper is to seek the views of mental health professionals about its use within clinical practice.
Design/methodology/approach
The paper employed a qualitative, exploratory design to interview 12 participants. Thematic analysis was used.
Findings
Four main themes were identified: “the utility of the Recovery Star”; “not for everybody”; “service user involvement”; and “the status of the Recovery Star within the Trust”. A range of factors was found to influence participants’ use of the tool with service users.
Research limitations/implications
The paper involved a small number of participants due to a low response rate. Future research could include larger studies and more detailed exploration of factors identified as limiting the use of the MHRS.
Practical implications
The MHRS is a potentially useful tool but its limitations and the influence of organisational context must be considered as part of any plan to systematically implement its use within services.
Originality/value
To the authors’ knowledge, this is the first study of the views of mental health professionals about the MHRS. As it is professionals who are likely to determine whether and how the tool is used, the paper is seen as a valuable initial investigation.
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The purpose of this paper is to attempt to analyse the trend of trafficking of fake Indian currency notes (FICN), which is organised in nature. It accounts the trend of the…
Abstract
Purpose
The purpose of this paper is to attempt to analyse the trend of trafficking of fake Indian currency notes (FICN), which is organised in nature. It accounts the trend of the smuggling of FICN through the route of Nepal and emerging routes as a consequence of the extension and strength of the criminal gangs.
Design/methodology/approach
The author utilized the governmental and non-governmental reports besides journalistic reports related to the intention of fake currency trafficking to analyse the ground reality and vested interests of such crime.
Findings
Though the open border of Nepal with India is exaggerated as the reason behind the cross-border crimes, such as smuggling of FICN, this paper has falsified the biased perception of labelling the borderline as a crime zone. It finds an outcome of the FICN smuggling that turns the Indo–Nepal border areas as a covert battlefield of organised criminal gangs as well as secret agencies of regional powers.
Research limitations/implications
Due to ethical issues and limitations of research works on the topic, the descriptive analysis that could be carried out was limited.
Practical implications
The negative findings of the crime are implacable, in keeping in mind before establishing a good policy related to development and security of Nepal, especially the Terai region.
Social implications
The paper highlights social problems and challenges in the Terai region of Nepal that enforced the people residing in that area towards the fake currency racket. Hence, it urged to solve the social problems to curb the financial crime such as counterfeit notes trafficking in the region.
Originality/value
This study is the latest research describing and disclosing the fact behind fake currency trafficking and its consequences.
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Paul Dean, Kris Marsh and Bart Landry
Purpose – While existing literature on work–family schemas has focused on white middle-class mothers, we examine how race, class, and gender shape black middle-class mothers’ work…
Abstract
Purpose – While existing literature on work–family schemas has focused on white middle-class mothers, we examine how race, class, and gender shape black middle-class mothers’ work and family life.Design/methodology/approach – Drawing upon 31 in-depth, semi-structured interviews with mothers (and their husbands), this chapter utilizes an intersectional approach to explore distinct cultural schemas for work and family.Findings – We document two schemas that define conceivable and desirable roles for black motherhood, work, and family. Some black middle-class mothers interpreted work and family roles as contradictory following the schema of family devotion (Blair-Loy, 2003). However, most mothers interpreted work and family as complementary role-identities, following a schema we call work–family integration. They enacted dual roles of mother and worker, integrating them into a meaningful, multi-dimensional view of black womanhood.Research limitations/implications – The findings emphasize the need for a more intersectional approach to research on work and family. Given existing literature documenting racial variation in work–family conflict, it also suggests that this may be explained by racial variation in cultural schemas. However, because our sample was limited to black middle-class, heterosexual couples with children, we were unable to make comparisons or generalizations to other groups. We recommend future research that draws comparisons across race, class, sexuality, gender, and/or family structure.Originality/value – This chapter introduces a new cultural schema, work–family integration; provides empirical research on an underexplored group, black middle-class families; and adds further nuance to cultural theories of work and family.
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C.W. Von Bergen, Barlow Soper and John A. Parnell
Many managers and scholars agree that diversity is a positive factor that leads to competitive economic advantage for organisations. However, this assertion remains largely…
Abstract
Many managers and scholars agree that diversity is a positive factor that leads to competitive economic advantage for organisations. However, this assertion remains largely untested. To examine the implied relationship between firm performance and diversity, performance at minority‐friendly organisations was compared to that at other organisations within the same industry. Results indicated that minority friendly firms significantly outperformed the market, indicating that diversity in organisations may be related to economic success. This finding has significant strategic implications.
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