Search results

This paper considers the post‐listing returns performance of government‐issued Initial Public Offerings (IPOs) in Australia during the period 1989 to 1998. While several studies have considered the performance of government IPOs, most of their attention has been focused on the immediate return performance. Little analysis has been undertaken on the longer‐term performance of government IPOs. It is found in this paper that government IPOs, considered as a whole, are no more underpriced than non‐government IPOs. However, when IPOs involving government monopolies are considered separately from other government IPOs, it appears that their returns are less than those of nongovernment IPOs initially but that these returns rapidly rise giving government IPOs a better long‐term return than non‐government IPOs. It is proposed that this pattern of returns could reflect the allocation process that favors retail investors to the disadvantage of institutional investors.

The increased need for, and maintenance of, infrastructure creates challenges for all agencies that manage infrastructure assets. To assist with these challenges, agencies implement asset management systems. The purpose of this paper is to investigate and compare the importance of barriers faced by agencies establishing transportation asset management systems in the USA and Libya to contrast a case of a developed and developing country.

A literature review identified 28 potential barriers for implementing an asset management system. Practitioners who participate in decision-making processes in each country were asked to rate the importance of each barrier in an online survey questionnaire. Descriptive statistics, Kendall Concordance W., and Mann-Whitney are used to analyze the collected data.

Through an analysis of 61 completed questionnaires, 14 barriers were identified as important by both the US and Libyan practitioners. A total of 11 additional barriers, primarily in the areas of political and regulatory obstacles, were determined to be important only for Libya. These 11 barriers provide reasonable insights into asset management systems’ barriers for developing countries.

The list of barriers identified from this research will assist decision makers to address and overcome these barriers when implementing asset management systems in their specific organizational and country conditions.

The research identified standard barriers to implementing asset management systems and identified barriers that were specific to the country context, such as political and regulatory barriers in Libya. When viewed with the asset management literature, the results show broad applicability of some asset management barriers and the need to contextualize to country context (e.g. developing countries) for other barriers.

THE ARCHITECTURE OF HAPPINESS

MANAGING URBAN DISASTERS

HOMEWORKS - A NEW AMERICAN TOWNHOUSE

The most recent research on the prevalence of young caring in secondary school–age children (Joseph et al., 2019) suggests that one in five 11–16 year olds have a caring role. There are inherent challenges with identifying children and young people (CYP) who have caring responsibilities; they find themselves in the role because of love for a family member, as well as the lack of provision to meet the needs of the person they are caring for (Keith & Morris, 1995), not because they have consciously chosen to become a carer, and so do not identify with the concept (Smyth, Blaxland, & Cass, 2011). School can be both precarious and a place of sanctuary for young carers (Becker & Becker, 2008). Experiences of education, as with many aspects of caring, exist on a continuum with no young carers’ educational experience being the same (Dearden & Becker, 2003). Schools have a pivotal role in identifying, understanding and supporting young carers to prevent their education from being adversely affected.

Semi‐structured focused interviews were used to analyse the supposedly extended decision process involved in the choice of video recorder. The results suggested that the proposed three‐stage model was a meaningful reflection of the decision‐making process. First the respondents clarified the problems and benefits of video recorders. Next they created consideration and choice sets excluding more extensive searching. Conjunctive decision rules (weirs) were used to simplify the final decision. The implications for manufacturers are discussed.

In the previous chapters, I set out a conceptual model of trauma-informed servant leadership and discussed servant leadership supervision for working with burnout, compassion fatigue and secondary trauma in employees within trauma related health and social care settings. In this chapter, I further extend servant leadership to the peer support principle in trauma-informed approaches (Substance Abuse and Mental Health Services Administration, 2014). The first part of this chapter will examine peer support work (PSW) and report on the outcomes associated with it. Then, servant leadership will be discussed and used to operationalise the principle of peer support as set out in trauma-informed approaches. A servant leadership peer support approach is put forward with a theoretical basis. This theoretical model has been slightly changed from the previous servant leadership approaches discussed, in order to represent the PSW role more accurately. However, as discussed previously, it is not the characteristics of the Servant leadership (SL) model that define the approach, rather the philosophy and desire to serve first. In the last section of this chapter, Martha Griffin brings the characteristics of this model to life using her vast experience and discusses some of the potential challenges faced by peers in training and practice.

In arguing that the traditional mechanistic approach of economists to the production process, with its accompanying assumption of a maximising calculus, should make more room for qualitative workplace considerations, Keith Newton (“Some Socio‐Economic Perspectives on the Quality of Working Life”, International Journal of Social Economics, Vol. 3, 1978, pp. 179–87) in effect, adds asocial aspect to the economics of the Quality of Working Life field. This is a welcome and important perspective.

This paper examines the relationship between the reference group, influences of parents, teachers and peers, and the vocational aspirations of secondary school students, taking account of differences in sex, social class, mental ability and home environment. It uses a sample of 704 student, of ages 16 and 17 years, drawn from four metropolitan senior high schools in Western Australia. Regression analysis indicates that approximately two‐thirds of the variance in boys' vocational aspirations, and half the variance in girls' vocational aspirations, is accounted for by a model which uses as predictors social class, mental ability, home environment, teacher and parent expectations and peer aspirations. Further analysis, using step‐wise techniques, shows that the influences of parents and teachers—in that order—are most important, as intervening variables, between the contextual variables of social class, mental ability and home environment, and the dependent variable of aspirations.

Introduction With the publication of the consumer behaviour textbook by Engel, Kollat and Blackwell (1968), the dominant approach to studying consumer behaviour has been to study the elements of the consumer behaviour decision process. The approach taken by Engel, Kollat and Blackwell, and since then by many other researchers, is that this process is an exercise in problem solving and that a problem exists when there is a goal to be attained or sought and uncertainty as to what is the best solution for the given or perceived problem (Markin, 1974).