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1 – 10 of 36Colin I.S.G. Lee, Frank A. Bosco, Piers Steel and Krista L. Uggerslev
In this study, the authors revisit the meta-analytic correlates of career satisfaction and demonstrate the use of metaBUS – a database repository of meta-analytic effect sizes and…
Abstract
Purpose
In this study, the authors revisit the meta-analytic correlates of career satisfaction and demonstrate the use of metaBUS – a database repository of meta-analytic effect sizes and related information from the field of applied psychology. The purpose of this paper is to extend prior meta-analytic research on the topic of career satisfaction and compare the results from the metaBUS-enabled meta-analysis, with the results from meta-analyses that do not build on the repository.
Design/methodology/approach
A multilevel meta-analysis was conducted on all correlates available in the metaBUS database and the approach was described in a step-by-step fashion.
Findings
The demonstration reiterated some of the findings of prior meta-analyses, but also revealed considerable incongruity between the sample taken from the metaBUS database and the meta-analytic sample from studies that relied on non-metaBUS-based literature searches. Nevertheless, the results are similar in terms of the directions of the effects and the relative sizes of the effects.
Research limitations/implications
The paper demonstrates the use of the metaBUS database. In addition, results suggest that meta-analyses on career satisfaction might have suffered from sample selection issues, but further research is required in order to establish the source of the sample selection incongruence.
Originality/value
This is the first step-by-step demonstration of the use of metaBUS specifically for meta-analyses.
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Paul Nayaga, Frank Adusah-Poku, John Bosco Dramani and Paul Owusu Takyi
The quest for economic development has brought adverse effects on the environment through the release of greenhouse gases, such as carbon dioxide (CO2). This will counter the…
Abstract
Purpose
The quest for economic development has brought adverse effects on the environment through the release of greenhouse gases, such as carbon dioxide (CO2). This will counter the efforts to achieve the Sustainable Development Goals (SDGs) by 2030. This study, therefore, investigates the effect of electricity consumption and urbanization on CO2 emissions in Ghana. Electricity consumption and urbanization are among the factors that can be used to reduce CO2 emissions.
Design/methodology/approach
Following the STIRPAT framework with the Hansen (2000) least squares threshold estimation strategy, the study employed annual time series data from 1971 to 2019.
Findings
The study revealed a single threshold effect of both electricity consumption and urbanization on CO2 emissions. Electricity consumption intensity reduces CO2 emission when electricity consumption is below the threshold (6287GWh) but increases when consumption passes the threshold. However, urbanization exerts a positive influence on CO2 emissions regardless the level of urbanization (either before or after the threshold point). Again, the empirical results revealed that the urbanization threshold moderates the effect of electricity consumption on CO2 emissions.
Research limitations/implications
Policymakers have to consider redesigning the current urbanization mode to include some new-type urbanization elements.
Originality/value
The threshold effect of electricity consumption and urbanization on CO2 emissions in Ghana is examined using the Hansen (2000) least square method.
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Martin Götz and Ernest H. O’Boyle
The overall goal of science is to build a valid and reliable body of knowledge about the functioning of the world and how applying that knowledge can change it. As personnel and…
Abstract
The overall goal of science is to build a valid and reliable body of knowledge about the functioning of the world and how applying that knowledge can change it. As personnel and human resources management researchers, we aim to contribute to the respective bodies of knowledge to provide both employers and employees with a workable foundation to help with those problems they are confronted with. However, what research on research has consistently demonstrated is that the scientific endeavor possesses existential issues including a substantial lack of (a) solid theory, (b) replicability, (c) reproducibility, (d) proper and generalizable samples, (e) sufficient quality control (i.e., peer review), (f) robust and trustworthy statistical results, (g) availability of research, and (h) sufficient practical implications. In this chapter, we first sing a song of sorrow regarding the current state of the social sciences in general and personnel and human resources management specifically. Then, we investigate potential grievances that might have led to it (i.e., questionable research practices, misplaced incentives), only to end with a verse of hope by outlining an avenue for betterment (i.e., open science and policy changes at multiple levels).
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Yusuf Babatunde Adeneye, Ines Kammoun and Siti Nur Aqilah Ab Wahab
This study aims to examine the impact of sustainable practices as proxied by the environmental, social and governance (ESG) score on capital structure. It also investigates…
Abstract
Purpose
This study aims to examine the impact of sustainable practices as proxied by the environmental, social and governance (ESG) score on capital structure. It also investigates whether ESG performance influences the speed of adjustment (SOA) to target leverage in firms.
Design/methodology/approach
The sample covers 116 non-financial firms listed on the main stock exchanges from five Southeast ASEAN countries (Bursa Malaysia, Indonesia Stock Exchange, Philippines Stock Exchange, Singapore Stock Exchange and Stock Exchange of Thailand) over the period 2012–2019. The study adopts the OLS regression and system-GMM estimators to perform the data analysis.
Findings
The authors show that the ESG score is positively associated with book leverage, suggesting that firms increase their debt capital through sustainable practices. However, they find that the ESG score is negatively associated with market leverage across our model estimations. The authors also reveal that environmental, social and governance pillar scores produce about 7.82%, 2.88% and 0.47% SOAs, respectively, higher than the SOA of the traditional SOA without the ESG factor. The aggregate ESG score has about 3.41% SOA higher than the baseline SOA without the ESG factor.
Practical implications
This study is of interest to investors, corporate firms and policymakers. The study demonstrates that the ESG score increases the firm’s SOA to target leverage. By disaggregating the ESG score, the authors establish that ESG pillar scores produce higher SOAs than the traditional SOA (without ESG), with the environmental score inducing the fastest SOA. Practically, the study implies that environmentally sustainable activities reduce environmental transaction costs, benefit firms through better information transparency and enhance a trustful climate between the firm and suppliers of capital. Therefore, this study demonstrates that firms do not only incur the cost of disseminating ESG information but also benefit from lower information asymmetry and a higher SOA with better tax-deductible advantages.
Social implications
The findings have combined advantages for both stakeholders and directors who monitor and manage the firms’ resources to improve the quality of ESG practices and initiatives.
Originality/value
To the best of the authors’ knowledge, this study is among the first to establish that sustainable practices induce higher debt capital. Secondly, unlike prior research focusing on the cost of capital, the authors examine whether ESG performance affects capital structure patterns. Thirdly, it documents the extent to which sustainable practices influence the SOA towards target leverage in firms. The authors contribute to corporate finance literature that firms reach faster to their target leverage in the presence of ESG performance. Theoretically, through the notion of the stakeholder proposition, the study establishes that the firms’ pursuance of stakeholder goals further enhances the prediction of the trade-off theory.
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In his autobiography, Chen Shui-bian (1999, p. 40) condemned the Koumintang's (KMT's) corruption and praised the Democratic Progressive Party (DPP) for being free from money…
Abstract
In his autobiography, Chen Shui-bian (1999, p. 40) condemned the Koumintang's (KMT's) corruption and praised the Democratic Progressive Party (DPP) for being free from money politics and corruption. The DPP fought the 1992 Legislative Yuan election campaign effectively on an anticorruption platform and used the same strategy in subsequent elections. If Chen Shui-bian had criticized the KMT for its involvement with “black gold” politics and had won the 2000 presidential election on his anticorruption platform, why was he and his family found guilty of corruption after his second term of office? The short answer is that even though he had promised to curb corruption, President Chen himself had succumbed to corruption after assuming office. In June 2002, Keesing's Contemporary Archives cited a poll in Taiwan that indicated that more respondents had perceived the DPP to be more corrupt than the KMT (Copper, 2006, p. 14).
Sarah Penman and Lisa S. McNeill
The purpose of this paper is to explore consumption habits of the young adult market, as they leave home and enter into a world of personal fiscal responsibility. Prior research…
Abstract
Purpose
The purpose of this paper is to explore consumption habits of the young adult market, as they leave home and enter into a world of personal fiscal responsibility. Prior research in this area is limited; however those studies, which have focused on young adult consumption have found increasing impulsive consumption and use of credit amongst this generation. This study seeks to extend research in this area by exploring further how young consumers are spending, their motivations for impulsive consumption choices and their attitudes towards debt.
Design/methodology/approach
The study in the paper is exploratory, and takes a qualitative approach to data collection and analysis. A two‐stage design is employed, consisting of focus groups with first and second‐year university students and in‐depth interviews with selected cases from these focus groups. The data collected are content‐analysed, with an emphasis on enlightening quotation from participants.
Findings
The paper finds that the young consumers studied show a relaxed attitude to debt and consumer purchasing, with non‐essential consumption seen as “deserved” and a “reward” for behaviour such as studying or working. Social pressure is found to be the key driver of consumption choices in this group, with the majority of spending decisions made impulsively.
Practical implications
The paper considers the influence of peers and society pressures as a whole in encouraging young adults develop particular consumption habits and attitudes to money and debt. It highlights key aspects of the “culture of consumption” that young consumers are part of today and indicates an attitude to debt that is quite different to generations before.
Originality/value
The paper shows that where consumption habits are the focus of numerous consumer behaviour studies, far fewer studies concentrate on how these consumption habits are developed. The study adds to existing knowledge on the development of consumption norms by considering the practises of the youth market as they leave home and begin making purchasing decisions away from parental influence.
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Maria Giovanna Bosco and Elisa Valeriani
The purpose of this paper is to evaluate if, given personal, supply-related features, and labour demand-related variables, there is a difference in the share of women finding more…
Abstract
Purpose
The purpose of this paper is to evaluate if, given personal, supply-related features, and labour demand-related variables, there is a difference in the share of women finding more stable jobs with respect to men, in an eight-year time span.
Design/methodology/approach
Fragmentation leads to a lower probability of transitioning into more certain, full-time work positions. The authors analyse a rich cohort of dependent workers in Emilia-Romagna to investigate whether part-time jobs lead to full-time jobs in a “stepping-stone” fashion and whether this happens with the same probability for men and women. The focus is on the cost of part-time jobs rather than the contrast between permanent and temporary jobs, as often observed in the literature. The authors also evaluate the transition between part-time job formulae and open-ended work arrangements to determine whether women's transition to full-fledged, stable work positions is slightly rarer than their male counterparts. Even if the authors allow for the fact that part-time contracts can be a choice and not an obligation, these contracts generate more flexibility in managing the equilibrium between private and work life and create more uncertainty than full-time contracts because of the fragmentation associated with these arrangements.
Findings
The authors find that women have a more fragmented working career than men, in that they hold more contracts than men in the same time span; moreover, the authors find that part-time jobs act more as bottlenecks for women than for men.
Originality/value
The authors use a large administrative dataset with over 600,000 workers observed in the 2008–2015 time span, in Emilia Romagna, Italy. The authors can disentangle the number of contracts per worker and observe individual, anonymise personal features, that the authors consider in the authors' propensity score estimate. The authors ran a robustness check of the PSM estimates through coarsened exact matching (CEM).
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MR. SNOWDEN'S economy speech last month has had its effect on local authorities generally and will not be without reactions upon libraries. We have already heard of several…
Abstract
MR. SNOWDEN'S economy speech last month has had its effect on local authorities generally and will not be without reactions upon libraries. We have already heard of several instances where a raid has been made upon public library estimates, in one or two cases quite drastic ones. The danger is that the generally economical past working of libraries will be ignored and retrenchments be made which do real injury. At a time such as this the enemies of libraries—there are still a few of them—become righteously articulate in the interests of what they call economy, which is generally to cut down the other fellow's expenditure.