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Article
Publication date: 1 October 2006

Arnaud Chevalier, Claire Finn, Colm Harmon and James Heckman

This article illustrates the key findings from the economics literature on education investment, in particular the findings focused on early child investment. The article shows…

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Abstract

This article illustrates the key findings from the economics literature on education investment, in particular the findings focused on early child investment. The article shows the impact of early investment, particularly evidence from experimental programmes on later life outcomes such as labour market performance and societal position. It demonstrates how investment in children is both an important investment for the child but also an important tool for economic and social policy.

Details

Journal of Children's Services, vol. 1 no. 2
Type: Research Article
ISSN: 1746-6660

Keywords

Article
Publication date: 2 August 2013

Brian M. Lucey, Yulia Plaksina and Michael Dowling

The paper aims to examine whether and under what circumstances social status of chief executives can be associated with corporate financial decisions, in particular via risk…

Abstract

Purpose

The paper aims to examine whether and under what circumstances social status of chief executives can be associated with corporate financial decisions, in particular via risk aversion or risk loving to the extent of mergers and acquisitions.

Design/methodology/approach

The authors use mixed methods, drawing metrics of social status (acquired and ascribed) from anthropological and sociological research, applying these, and then using panel econometrics to check the statistical importance of the uncovered relationships.

Findings

The authors find in the paper that it is possible, for FTSE companies, to successfully measure and apply measures of social status from public records; they find strong evidence of a negative relationship between CEO ascribed and achieved social status and his or her acquisitiveness. However, the influence of achieved status appears to be more consistent and significant than that of the ascribed status, indicating its dominant role in determining overall attained status.

Research limitations/implications

The research is limited in its data coverage, to FTSE members. However, it does show that it is possible to take useful and meaningful concepts from areas quite removed from traditional finance and to incorporate these into a traditional finance methodology.

Practical implications

The paper has practical implications for both aspirant and existing corporate officers and for investors.

Social implications

Social status is omnipresent and poorly understood as a mitigator or enabler of financial transactions, although there is some evidence that it is important.

Originality/value

This research bridges a gap that has heretofore only been very sparsely mapped, and provides suggested routes for further research.

Details

Qualitative Research in Financial Markets, vol. 5 no. 2
Type: Research Article
ISSN: 1755-4179

Keywords

Article
Publication date: 6 June 2023

Wei Sheng, Zhiyong Niu and Xiaoyan Zhou

The purpose of this paper is to explore the determinants of entrepreneurs’ subjective social status perception (SSP) on firm international behaviors based on the upper echelons…

Abstract

Purpose

The purpose of this paper is to explore the determinants of entrepreneurs’ subjective social status perception (SSP) on firm international behaviors based on the upper echelons theory and social class theory.

Design/methodology/approach

To test the hypotheses, the authors studied a large sample of 10,823 small- and medium-sized private Chinese enterprises from 2006 to 2014.

Findings

The results showed that entrepreneurs with higher status perception prefer international activity and firms have higher export intensity and intention. In addition, the social capital of entrepreneurs and institutional environment amplifies the positive relationship between SSP and international behavior.

Originality/value

This paper contributes to research on the upper echelon of management and extends our understanding of how managerial social characteristics influence international strategic decision-making. Besides, it also contributes to the emerging stream of social status research in international expansion studies and expand researchers’ limited understanding of the effects of social status in business settings.

Details

Chinese Management Studies, vol. 18 no. 3
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 22 March 2024

Imran Khan and Darshita Fulara Gunwant

The purpose of this paper is to empirically analyze the impact of social inclusion factors and foreign fund inflows on reducing gender-based unemployment in India.

Abstract

Purpose

The purpose of this paper is to empirically analyze the impact of social inclusion factors and foreign fund inflows on reducing gender-based unemployment in India.

Design/methodology/approach

A time series data set for the period of 1991–2021 has been considered, and an autoregressive distributed lag methodology has been applied to measure the short- and long-run impact of social inclusion and foreign fund inflows on reducing gender-based unemployment in India.

Findings

According to the study’s findings, both social inclusion and foreign fund inflows are critical factors for reducing male unemployment. However, in the case of female unemployment, only social inclusion factors play an important role, whereas foreign fund inflows have no role in it.

Originality/value

Analyzing the factors that affect gender-based unemployment has always been a grey area in literature. There are very few studies that capture gender-based unemployment in India, making this study a novice contribution. Second, it examines the relationship between foreign fund inflows, social inclusion and unemployment, which is another novel area of investigation. Finally, this study provides comprehensive and distinct results for both male and female unemployment that can help policymakers devise gender-based unemployment policies.

Details

Indian Growth and Development Review, vol. 17 no. 1
Type: Research Article
ISSN: 1753-8254

Keywords

Article
Publication date: 21 January 2020

Yanling Peng and Rong Kong

The purpose of this paper is to investigate the economic relationship with recent changes in China’s land use policy and rural development through innovation and entrepreneurship.

Abstract

Purpose

The purpose of this paper is to investigate the economic relationship with recent changes in China’s land use policy and rural development through innovation and entrepreneurship.

Design/methodology/approach

The first issue of economic importance is in understanding the market value of land use rights (LUR) transactions. To examine this, the authors build an argument around the idea of economic and marginal rents from Ricardo. The second issue relates to the extent by which deepening the rural financial landscape by allowing the mortgaging of LUR will promote and advance much needed entrepreneurial activity. To explore this issue, the authors draw on Schumpeter. The empirical contribution is based on a survey of 1,465 farm households in Gansu, Henan, Shaanxi and Shandong provinces.

Findings

In an endogenous Two-Stage Least Squares model, the authors find a positive and significant relationship between a willingness to mortgage LUR and entrepreneurship, which suggest that the new policy may well meet that objective. However, the authors do not find that entrepreneurs alone will have a willingness to mortgage LUR; non-entrepreneurs – traditional farmer types – would also be willing to mortgage LUR, but with a caveat that either group already has a disposition or demand for credit.

Originality/value

The value of the analysis is to provide an evidence to understand the market value of LUR transactions and to study the relationship between mortgage of LUR and entrepreneurial activity.

Details

Agricultural Finance Review, vol. 80 no. 3
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 17 September 2019

Akanksha Choudhary and Ashish Singh

A few studies in India have related daughters’ education to their fathers, but there is little to no evidence when it comes to the intergenerational relation between daughters and…

Abstract

Purpose

A few studies in India have related daughters’ education to their fathers, but there is little to no evidence when it comes to the intergenerational relation between daughters and mothers’ education. Using India Human Development Survey (IHDS) 2011–2012, the purpose of this paper is to investigate intergenerational educational mobility among women (15–49 years) (vis-à-vis their mothers) for all India.

Design/methodology/approach

The study uses transition/mobility matrices and multiple mobility measures for the examination of intergenerational educational mobility among women (15–49 years) in India. The data have been taken from the “India Human Development Survey 2011-12.”

Findings

Findings indicate that intergenerational educational mobility at the all-India level is about 0.69, that is, 69 percent of the women acquire a level of education different from their mothers. Of the overall mobility, about 80 percent is contributed by upward mobility whereas the rest is downward. Mobility is greater in urban areas and is highest among the socially advantaged “Others” (or upper) caste group. Also, the upward component is substantially lower for socially disadvantaged groups compared to others. Further, there are large inter-regional variations, with the situation being worst in the central and eastern states such as Uttaranchal, Chhattisgarh, Bihar, Jharkhand, Assam, Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Tripura, etc. Moreover, mobility (overall and upward) increases consistently as one moves up the income distribution.

Originality/value

This study is perhaps the first study which comprehensively studies intergenerational educational mobility for women (15–49 years) at an all-India level. Findings not only capture the mobility at the aggregate level but also for different caste groups as well as regional variations and income effect.

Details

International Journal of Social Economics, vol. 46 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 2 August 2018

Panos Sousounis and Gauthier Lanot

The purpose of this paper is to examine the effect employed friends have on the probability of exiting unemployment of an unemployed worker according to his/her educational…

Abstract

Purpose

The purpose of this paper is to examine the effect employed friends have on the probability of exiting unemployment of an unemployed worker according to his/her educational (skill) level.

Design/methodology/approach

In common with studies on unemployment duration, this paper uses a discrete-time hazard model.

Findings

The paper finds that the conditional probability of finding work is between 24 and 34 per cent higher per period for each additional employed friend for job seekers with intermediate skills.

Social implications

These results are of interest since they suggest that the reach of national employment agencies could extend beyond individuals in direct contact with first-line employment support bureaus.

Originality/value

Because of the lack of appropriate longitudinal information, the majority of empirical studies in the area assess the influence of social networks on employment status using proxy measures of social interactions. The current study contributes to the very limited empirical literature of the influence of social networks on job attainment using direct measures of social structures.

Details

International Journal of Social Economics, vol. 45 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 3 June 2024

Duygu Yavuzkasap Ayakta, Şule Altun Kurtoğlu and Demet Yilmaz

Wool fiber is accepted as one of the natural and renewable sources and has been used in the apparel and textile industry since ancient times. However, wool fiber has the highest…

Abstract

Purpose

Wool fiber is accepted as one of the natural and renewable sources and has been used in the apparel and textile industry since ancient times. However, wool fiber has the highest global warming potential value among conventional fibres due to its high land use and high methane gas generation. This study aimed to recycle the wool fabric wastes and also to create a mini eco-collection by using the produced yarns.

Design/methodology/approach

This manuscript aimed to evaluate the fabric wastes of a woolen fabric producer company. Fabric wastes were opened with two different opening systems and fiber properties were determined. First, conventional ring yarns were produced in the company’s own spinning mill by mixing the opened fibres with the long fiber wastes of the company. In addition, opening wastes were mixed with different fibres (polyester, long wool waste, and Tencel fibres) between 25% and 70% in the short-staple yarn spinning mill and used in the production of conventional ring and OE-rotor yarns. Most of the yarns contained waste fibres at 50%. Recycled and virgin yarns were used as a weft and warp yarn and a total of 270 woven fabric samples were obtained and fabric properties were examined. Also, a fabric collection was created. A life cycle assessment (LCA) was made for one of the selected yarns.

Findings

At the end of the study, it was determined that it was possible to produce yarn and fabric samples from fiber blends containing high waste fiber ratios beyond 50%. All the woven fabric samples produced from conventional ring and OE-rotor yarns gave higher breaking, tearing and stitch slip strength values in the weft and warp direction than limit quality values of the company. In addition, abrasion resistance and WIRA steam stability properties of the fabric samples were also sufficient. Environmental analysis of the recycling of the wastes showed a possible decrease of about 9940034.3 kg CO2e per year in the global warming potential. In addition, fiber raw material expenses reduced yarn production cost about 50% in case of opened fabric waste usage. However, due to insufficient pilling resistance results, it was decided to evaluate the woven fabrics for the product groups such as shawls and blankets, where pilling resistance is less sought.

Originality/value

The original aspects of the article can be summarized under two headings. First, there are limited studies on the evaluation of wool wastes compared to cotton and polyester fibres and the number of samples examined was limited. However, this study was quite comprehensive in terms of opening type (rag and tearing), spinning systems (long and short spinning processes), fiber blends (waste 100% and blends with polyester, long wool waste and Tencel fibres) and yarn counts (coarser and finer). Recycled and virgin yarns were used as a weft and warp yarn and a total of 270 woven fabric samples were obtained using different colour combinations and weave types. All processes from fabric waste to product production were followed and evaluated. Life cycle assessment (LCA) and cost analysis was also done. The second unique aspect is that the problem of a real wool company was handled by taking the waste of the woolen company and a collection was created for the customer group of the company. Production was made under real production conditions. Therefore, this study will provide important findings to the research field about recycling, sustainability etc.

Details

International Journal of Clothing Science and Technology, vol. 36 no. 5
Type: Research Article
ISSN: 0955-6222

Keywords

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