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Family business is among the hottest areas of interest in business today. The media, academicians and business people increasingly recognise that family business means much more than “mom and pop.” Family businesses, whether public or private, are a major component of the global economic system and constitute a unique market of highly concentrated industry. According to the Institute of Family Owned Business’s website, over ninety five percent of all businesses in the United States are family‐owned. Although many family firms are small, many are major corporations including one third of the Fortune 500. Family businesses produce about half of the US gross national product and generate half of the wages paid in this country. Those are impressive statistics. They underscore the importance of family businesses to our economy as well as to our society.

Successful staffing in organizations requires that job applicant qualifications be properly matched with job requirements and corporate culture. With rapid economic expansion in China and predictions for continued growth, there has been a substantial increase in the staffing needs of companies operating in China or servicing this market from afar. Working with university placement offices and/or actively recruiting on campuses, many organizations are looking to undergraduate and graduate business programs in China as a source of job candidates.

To show a possible implementation of surface impedance boundary conditions (SIBCs) in a time domain formulation based on the cell method (CM).

The implementation is based on vector fitting (VF), a technique which allows a time domain representation of a rational approximation of the surface impedance to be found.

It is shown that very little computational effort is needed to find a very good VF approximation of simple SIBCs and that such approximation is easily fitted into existing CM codes.

The extension to higher order SIBCs has not been taken into account.

The proposed approach avoids the use of convolution integrals, is accurate and easy to implement.

This paper introduces the use of VF for the approximate time domain representation of SIBCs.

This paper presents the outcomes of a study of the choice of location for distribution centres in logistics operations. A conceptual frame work of location selection for distribution centre is worked out through three main stages. At the first stage, a general geographical area for distribution centre is identified based on the Centre of Gravity principle, taking into consideration socio‐economic factors. The second stage of the selection process involves the identification of alternative locations for the distribution centre and the airports and seaports to be used for in bound and out bound cargo flows within the defined general geographical area. The third stage focuses on specific site selection among the identified alternative locations for the distribution centre based on the quantitative approach. This involves a mathematical model which aims to optimise either the total distribution cost or the integration of total distance transport with given relevant volumes of cargo. In order to illustrate the conceptual frame work, a case study of a logistics service provider will be provided. Data from the case study proved that the conceptual framework for selection is valid and can be of value to logistics companies in their operations and management.

Given the in creasing globalisation of economies, a growing number of marketing firms are expecting more of their profits to be derived from international sales. However, failure to account for or understand the effects of differences in consumers' cultural values on decision‐making will hinder a marketer's efforts to expand internationally. Using samples of Middle‐eastern and US consumers, the study found cultural values and consumer ethical beliefs to be significantly different between the two groups. In addition, these cultural values explained a significant part of the variation in consumer ethical beliefs in both cultures.

This research was designed to investigate what differences might exist between graduating African American and White business students regarding achievement motivation as determined by their fear of success and fear of appearing incompetent and whether there exists any moderating influence based upon their attitude toward the role of women in society. The sample consisted of 99 African American students and 102 White students. African Americans scored significantly lower than Whites on the Fear of Appearing Incompetent Scale. Likewise, African American women scored significantly lower than white women on this scale. No differences were found in the scores among African American Males and White males on the Fear of Appearing Incompetent Scale. For the entire sample, those with a progressive view of women scored higher on the Fear of Success Scale than those with traditional views of women. Achievement motivation among the groups of respondents is also evaluated.

Climate finance is regularly not only seen as a tool to efficiently combat global warming but also to solve development problems in the recipient countries and to support the attainment of sustainable development goals. Thereby, conflicts between distributive and allocative objectives arise, which threaten the overall performance of such transfer schemes. Given the severity of the climate change problem, this study aims to raise concerns about whether the world can afford climate transfer schemes that do not focus on prevention of (and adaptation to) climate change but might be considered as a vehicle of rent-seeking by many agents.

Future designs of international transfer schemes within the framework of the Paris Agreement are to be based on experience gained from existing mechanisms. Therefore, the authors examine different existing schemes using a graphical technique first proposed by David Pearce and describe the conflicts between allocative and distributional goals that arise.

In line with the famous Tinbergen rule, the authors argue that other sustainability problems and issues of global fairness should not be primarily addressed by climate finance but should be mainly tackled by other means.

As there is still ongoing, intense discussion about how the international transfer schemes addressed in Article 6 of the Paris Agreement should be designed, the research will help to sort some of the key arguments.

There are prominent international documents (like the Paris Agreement and the UN 2030 Agenda for Sustainable Development) seeking to address different goals simultaneously. While synergies between policies is desirable, there are major challenges for policy coordination. Addressing several different goals using fewer policy instruments, for example, will not succeed as the Tinbergen Rule points out.

The integration of co-benefits in the analysis allows for taking into account the social effects of climate policy. As the authors argue, climate finance approaches could become overstrained if policymakers would consider them as tools to also solve local sustainability problems.

In this paper, the authors will not only examine what can be learnt from the clean development mechanism (CDM) for future schemes under Article 6 of the Paris Agreement but also observe the experiences gained from a non-CDM scheme. So the authors pay attention to the Trust Fund of the Global Environment Facility (GEF) which was established with global benefit orientation, i.e. – unlike the CDM – it was not regarded as an additional goal to support local sustainable development. Yet, despite its disregard of local co-benefits, the authors think that it is of particular importance to include the GEF in the analysis, as some important lessons can be learnt from it.

This article discusses the reasons and discourses adopted by the Hong Kong Special Administrative Region Government (Hong Kong SAR Government), with Mr Tung Chee Hwa as the Chief Executive, in preparing young people to become more mature and responsible. In the Hong Kong context this means they should be willing to fulfil community obligations and opt for consultation rather than confrontation should individual or community rights be sought. Confucianism, named after Confucius (551‐479 BCE), has been and still is a vast and complicated system of philosophies, morals, rituals, and ideas, which for well over 2,000 years has informed and inspired the thinking and practice of countless people in Chinese societies and Asian countries in all important areas, including the economy and the polity (Tu, 1998a; Berthrong & Berthrong, 2000; Yao, 2002). Put simply, the goal of Confucian life is to create a peaceful world, with its ethical emphasis placed on the cultivation of the self and the promotion of harmonious and respectful relations with other people in different spheres of human activities.

Outlines the theory of public choice (i.e. the equilibrium of a formal political model based on functions: not politicians) and identifies some reasons why US politicians may actually vote for rent seeking (“pork barrel”) projects. Suggests that they include the need for election, campaign contributions and financial or non‐financial (ideological) personal gain; and considers the implications for political reforms such as term limits, rules on campaign finance etc. Discusses how the motives of individual politicians can be discovered and some additional applications of this idea.

Considers TQM from a cultural perspective using the influence of Confucian work dynamism and Chinese cultural beliefs on Hong Kong companies. Asks if these cultural beliefs conflict with modern quality management philosophy and presents the findings of research covering Chinese literature, experts in Chinese philosophy and Hong Kong TQM experts. Outlines research methods and concludes that there are relevant principles which can be used when implementing TQM.