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1 – 10 of 91Petr Parshakov, Sofiia Paklina, Dennis Coates and Aleksei Chadov
Video games are considered as a leisure activity that makes being unemployed more attractive than before. In this study, the authors use eSports prizes as a proxy for the…
Abstract
Purpose
Video games are considered as a leisure activity that makes being unemployed more attractive than before. In this study, the authors use eSports prizes as a proxy for the popularity of video games to analyze its influence on total and youth unemployment.
Design/methodology/approach
The authors develop a theoretical model and empirically test it using the total prize money won by representatives of a country in a given season in eSports tournaments, via a panel regression model with the country-year as a unit of observation. The data set includes information about 191 countries between 2000 and 2015.
Findings
The authors’ results of regression analysis show a positive influence of the popularity of video games on the unemployment rate. In addition, the authors analyze this effect for countries with different levels of income and labor productivity. The authors found a significant inverse relationship between income level and the effect of the popularity of video games on total and youth unemployment.
Originality/value
While previous studies rely mostly on self-reported data, the authors suggest a new approach to measure video game popularity. This paper contributes to existing knowledge with empirical evidence on how leisure activities affect unemployment at the country level.
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Presents his study of the personality profiles of over a thousandmanagers at all levels based on neuropsychology and cognitivepsychology. Notes that no single cognitive style…
Abstract
Presents his study of the personality profiles of over a thousand managers at all levels based on neuropsychology and cognitive psychology. Notes that no single cognitive style emerged as best for executive management and considers the implications for executive development. Concludes that executives can continue to grow without leaving behind the personality strengths they already have but recognising these strengths actually facilitate the process of development.
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Multi‐source (360‐degree) feedback is a powerful new performance diagnostic tool, and organizations everywhere are evaluating whether to adopt it. However, the technology is…
Abstract
Multi‐source (360‐degree) feedback is a powerful new performance diagnostic tool, and organizations everywhere are evaluating whether to adopt it. However, the technology is evolving at a breathtaking pace, and regrettable consequences can follow if users are not knowledgeable and the tool is not used properly. Recognizes there are a number of potential problem areas, but focuses on the issues that usually have the biggest impact. The explanation of each issue will help managers get information, resolve issues, evaluate options, prepare carefully and increase the probability of success. Presents seven recommendations for successful use of 360‐degree feedback.
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This article explores an incident that raises questions relating to the making and unmaking of history, heritage and social memory. It also points to the role of the historian in…
Abstract
This article explores an incident that raises questions relating to the making and unmaking of history, heritage and social memory. It also points to the role of the historian in unravelling forgotten pasts. On 21 May 1945, at the Royal Australian Engineers Training Camp (RAETC) Kapooka near the provincial New South Wales city of Wagga Wagga, twenty‐four ‘sappers’ or engineers, and their two ‘other ranks’ trainers, were killed in a demolitions training exercise gone terribly wrong. The accident remains the largest in Australian army history. However, following a brief flurry of national grief public memory of the tragedy soon slipped into historical obscurity. The article narrates the Kapooka story and then reflects on its role as an exemplar of how a society makes, unmakes or forgets its past.
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Thadeu Gasparetto, Angel Barajas and Carlos María Fernandez-Jardon
The purpose of this paper is to analyse the demand for tickets in the Brazilian State Championships focussing in the impact generated by the brand teams as well as the play-off…
Abstract
Purpose
The purpose of this paper is to analyse the demand for tickets in the Brazilian State Championships focussing in the impact generated by the brand teams as well as the play-off matches in the demand for tickets and, consequently, in the match day revenues.
Design/methodology/approach
An equations system by three-stage least square estimator is employed. The data set comprises 1,114 matches from Mineiro, Carioca and Paulista Championships over the seasons 2013-2015.
Findings
All explanatory variables increase both attendance and match day revenues. However, the most important goal is the distribution of wealth found. The presence of brand teams in those championships provides a financial aid for smaller teams.
Practical implications
The proposals from the mass media to exclude the brand teams and design those championships exclusively in play-off stages should not be implemented by the policymakers. On the contrary, rearranging the design of the competition with more matches between small teams and brand teams may help to all of them.
Originality/value
The paper contributes to introduce the Brazilian State Championships in the sport economics literature as well as evidences the redistribution effect of wealth among clubs.
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– The purpose of this paper is to present a tool to categorize companies as potentially profitable on the basis of an intellectual capital (IC) analysis.
Abstract
Purpose
The purpose of this paper is to present a tool to categorize companies as potentially profitable on the basis of an intellectual capital (IC) analysis.
Design/methodology/approach
The paper distinguishes two crucial attributions for picking shares: IC and capitalization of IC-based growth potential. Using these two attributions, the author creates a portfolio from a sample of European companies and annually rebalances it. To test its attractiveness, the author then compares the portfolio with benchmarks and random portfolios during the period from 2006 to 2013 using a Sharpe coefficient.
Findings
The comparison of the constructed portfolio with the benchmarks demonstrates the importance of IC for market investors and the validity of the proposed tool. The Sharpe ratio of the portfolio is significantly higher than the mean and median Sharpe ratios of random portfolios. In addition, the importance of IC for choosing proper investment goal increases in crisis.
Research limitations/implications
This investigation can be improved by analysing other IC such as the qualification of CEOs, participation of the company in business alliances, and a company’s innovation activity. In addition, the paper considers only European companies.
Practical implications
The proposed tool provides a method to construct investment-attractive portfolios on the basis of IC.
Originality/value
The paper contributes to the literature by identifying the underestimated shares on the basis of a company’s IC and by developing an algorithm to create an IC-based investment portfolio.
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Iuliia Naidenova, Petr Parshakov, Marina Zavertiaeva and Eduardo Tomé
– This paper aims to explore whether individual intellectual capital of a fund manager allows mutual fund to outperform market.
Abstract
Purpose
This paper aims to explore whether individual intellectual capital of a fund manager allows mutual fund to outperform market.
Design/methodology/approach
The sample includes 85 Russian equity funds for the period of 2013. First, Jensen’s alpha for each fund has been calculated, and then cross-sectional regression analysis has been used. While only a part of fund managers publish biographic sketches, the authors use the Heckman procedure to control for self-selection issues.
Findings
The results support the idea that the individual characteristics indicate the possibility to earn abnormal alpha. Managers with economic education and with Moscow education perform better than others. Relationship between both fund performance measures and manager’s experience has inverted U-shape. Jensen’s alpha reaches its highest level at the point of 9 years, whereas beta – at 10 years of manager’s experience.
Research limitations/implications
Investigation can be improved by including more variables that influence the disclosure of managers’ personal information, for example, by conducting surveys. Additionally, cross-sectional data restrict the analysis.
Practical implications
The discovered characteristics of managers’ intellectual capital can be used as additional screening tool for the investor who is deciding on mutual fund choice in Russia. While individual intellectual capital is observable and more persistent in time in comparison with the past fund performance, such tool allows better decision-making.
Originality/value
This is the first paper that explores which characteristics of Russian fund managers are connected with higher abnormal return (measured by Jensen’s alpha) and risk (beta) of mutual funds.
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Elsewhere in this issue we review the First (Interim) Report of the Joint Survey of Pesticide Residues in Foodstuffs, published by the Association of Public Analysts (Editor: Mr…
Abstract
Elsewhere in this issue we review the First (Interim) Report of the Joint Survey of Pesticide Residues in Foodstuffs, published by the Association of Public Analysts (Editor: Mr. D. G. Forbes, B.Sc., F.R.I.C.). The Scheme, planned with meticulous care and executed with the best spirit of co‐operation, sets a pattern for this type of investigation; there are other problems which could be studied in the same manner. Such a response from the bodies representing the major local authorities of the country and their food and drugs administrations—inspectors, food sampling officers, public analysts—is evidence of the concern felt over this particular form of contamination of food. It constitutes a public health problem of world‐wide dimensions. The annual reports of public analysts show that many are examining foods outside the Survey lists now that gas/liquid chromatography, spectroscopy and other highly refined methods of analysis are available to them.
Gregory Dennis Paul and William J. Schenck-Hamlin
This paper aims to use the theory of planned behavior to evaluate factors that influence openness to participating in a victim-offender conference (VOC).
Abstract
Purpose
This paper aims to use the theory of planned behavior to evaluate factors that influence openness to participating in a victim-offender conference (VOC).
Design/methodology/approach
Consistent with theory of planned behavior recommendations, the study uses a vignette-based design to assess participation openness as willingness to participate in a VOC if they were victims of a property crime. It evaluates the goodness of fit of a hypothesized structural model of participation openness to the data and the utility of a theory of planned behavior model as opposed to simply an outcome-driven model.
Findings
Findings from a hierarchical linear regression illustrate that a theory of planned behavior model explains a greater percentage of participation willingness than does an outcome-driven model. Analysis using structural equation modeling suggests that participation openness is largely a function of subjective norms, anticipated affect and anticipated outcomes.
Research limitations/implications
Limitations spring largely from sampling method and research design. Research implications pertain to the utility of theory of planned behavior in expanding research of VOC participation openness to include not only outcomes but also relational and contextual factors.
Practical implications
The manuscript identifies several implications for training facilitators, talking with prospective VOC participants and advocating for restorative justice programs.
Originality/value
Use of the theory of planned behavior as a lens for understanding openness to VOC participation gives researchers and practitioners a wider and more nuanced understanding of why people would generally be willing to participate in a VOC if they were the victim of an offense.
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