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Article
Publication date: 1 April 1995

Louis Haddad

Starting from the premise that ethics is the ‘science’ of free choice or voluntary decisions, it seems economists have a special contribution to make towards a ‘general’ theory of…

Abstract

Starting from the premise that ethics is the ‘science’ of free choice or voluntary decisions, it seems economists have a special contribution to make towards a ‘general’ theory of choice to deal with decisions that cut across the social sciences. Economists have devised elaborate and sophisticated theories and techniques (eg. the indifference map, general equilibrium theory) to deal with economic choices and decisions. However, economic decisions are only a sub‐set of decisions which are analytically separate but not independent of other decisions. By treating economic choices as if they were self‐contained, economists in their policy advice and normative economics have committed a major fallacy of separating ‘economic welfare’ from ‘total welfare’. Consequently, their advice may, at best, be ‘good’ economics but are often ‘bad’ ethics or ‘bad’ politics. Conversely, the advice of moralists (or political scientists) may be ‘good’ ethics (or ‘good’ politics) but may often be bad as economics. In either case, the decisions are almost certain to be unsatisfactory or ‘wrong’.

Details

Humanomics, vol. 11 no. 4
Type: Research Article
ISSN: 0828-8666

Article
Publication date: 16 December 2019

Muhammad Ahsan Sadiq, Balasundaram Rajeswari and Lubna Ansari

The purpose of the paper is to segment and profile the Indian shoppers in the context of organic foods in India. It proposes to use a healthy lifestyle (HL) as a segmenting…

Abstract

Purpose

The purpose of the paper is to segment and profile the Indian shoppers in the context of organic foods in India. It proposes to use a healthy lifestyle (HL) as a segmenting variable and to use a factor-cluster analysis approach to achieve the same. The current study is expected to add a substantial base to the segmentation literature in marketing.

Design/methodology/approach

Food stores in Indian metropolitan city Chennai are sampled, and data is collected in the form of a mall intercept survey method. In total, 441 usable structured questionnaires are filled by the respondents which are subjected to suitable statistical analysis.

Findings

Three significantly different consumer segments emerged from the given sample of respondents, which shows uniqueness concerning consumer’s, HL features, demographics and the variables of the theory of planned behavior (TPB).

Research limitations/implications

Clustering method used to segment the potential shoppers of organic foods is an exploratory technique only. It cannot be treated or generalized to the population like those of inferential techniques. The researcher suggested testing the same with a larger sample size and in a different context. It is limited to urban and suburban facets of the metropolitan city in India.

Originality/value

The study will be helpful to marketers and decision makers to target the potential organic foods consumers.

Details

South Asian Journal of Business Studies, vol. 9 no. 2
Type: Research Article
ISSN: 2398-628X

Keywords

Article
Publication date: 9 August 2022

Attia Aman-Ullah, Hadziroh Ibrahim, Azelin Aziz and Waqas Mehmood

This study aimed to examine the direct impact of work–life balance on employee retention and turnover intentions among doctors in Pakistan. Further, it also aimed to test the…

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Abstract

Purpose

This study aimed to examine the direct impact of work–life balance on employee retention and turnover intentions among doctors in Pakistan. Further, it also aimed to test the mediating role of job satisfaction on these relationships.

Design/methodology/approach

This study's data were collected from 394 doctors working in public hospitals in Pakistan, using survey-based questionnaires and stratified random sampling technique. For data analysis, structural equation modelling was utilised to investigate the direct and indirect associations among the variables, while Statistical Software for the Social Sciences (SPSS) was used for data management.

Findings

Work–life balance was found to have a positive association with employee retention and a negative association with turnover intention. Results suggest that a fair work–life balance is a significant predictor of employee retention and turnover intention. Also, job satisfaction significantly mediated the relationship between work–life balance and employee retention and between work–life balance and turnover intention.

Research limitations/implications

This study's focus was limited to doctors working in public hospitals. Thus, future research can extend the scope to other segments such as nurses, paramedics and pharmacists from both public and private organisations.

Practical implications

Human resource (HR) executives can improve employee retention and turnover intentions through strategic implementation of work–life balance practices. Policymakers should stress upon hospitals to implement favourable working hours that are satisfactory to employees to reduce turnover intention.

Social implications

In the healthcare industry, suitable work–life balance strategies will help improve employees' lifestyle, which will positively impact their family and social relationships.

Originality/value

This study is expected to contribute to the existing healthcare literature in the context of Pakistan by explaining the process by which work–life balance affects employee retention and turnover intention. Specifically, job satisfaction is the mechanism that explains these relationships.

Details

Asia-Pacific Journal of Business Administration, vol. 16 no. 1
Type: Research Article
ISSN: 1757-4323

Keywords

Article
Publication date: 27 February 2024

Md Sajjad Hosain

The purpose of this qualitative study is to identify and highlight the challenges faced by the dual-career couples with one or multiple child/children in maintaining their…

Abstract

Purpose

The purpose of this qualitative study is to identify and highlight the challenges faced by the dual-career couples with one or multiple child/children in maintaining their work–family balance based on family systems theory.

Design/methodology/approach

The author purposely selected 26 families (52 participants) in Bangladesh where both husbands and wives work on a full-time basis having one or multiple child/children. The author used focus group discussion (FGD) technique to identify the challenges encountered by them.

Findings

After summarising the FGD results, the study identified several challenges faced by those dual-career couples, such as inability to differentiate between professional and family lives, lack of quality time for partners/children, challenges to raise children, lack of childcare centres and lack of professionalism of care workers; and tension and anxiety for their child/children while at offices.

Originality/value

The author expects the results of this qualitative study to be conductive as groundwork for upcoming research studies concerning dual-career couples with child/children. The author also hopes that such results will assist the human resource managers in efficiently crafting and executing some policies regarding dual-career couples with one or multiple child/children.

Details

International Journal of Organizational Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1934-8835

Keywords

Article
Publication date: 3 July 2017

Melika Husic-Mehmedovic, Maja Arslanagic-Kalajdzic, Selma Kadic-Maglajlic and Zlatan Vajnberger

The purpose of this paper is to disentangle the effect of life equilibrium on organic food purchase intentions through a consideration of the evaluation of intrinsic and extrinsic…

1210

Abstract

Purpose

The purpose of this paper is to disentangle the effect of life equilibrium on organic food purchase intentions through a consideration of the evaluation of intrinsic and extrinsic food quality attributes. Furthermore, the study examines the role of health consciousness in achieving life equilibrium.

Design/methodology/approach

The conceptual framework was developed based on previous research and tested through a quantitative study with end consumers. The hypothesized relationships were tested using structural equation modelling.

Findings

The results obtained from this study show that the perceived quality associated with the intrinsic attributes of organic food mediates a positive influence of life equilibrium on consumers’ organic food purchase intentions. The study also confirms that life equilibrium mediates the effects of health consciousness on the evaluation of intrinsic and extrinsic food quality attributes.

Research limitations/implications

The theoretical contributions of the paper lie in uncovering the complex relationships that exist among health consciousness, life equilibrium, perceived organic food quality dimensions and purchase intentions and providing new evidence showing which perceived intrinsic organic food quality dimensions are relevant in shaping consumers’ purchase intentions.

Practical implications

The research results suggest that organic food managers should focus on developing stronger value propositions that are based more on intrinsic food quality characteristics and less on extrinsic ones.

Originality/value

This study recognizes the relevance of life equilibrium as a specific consumer lifestyle form, which drives organic food consumption through extrinsic and intrinsic food quality attributes.

Book part
Publication date: 4 September 2023

Stephen E. Spear and Warren Young

Abstract

Details

Overlapping Generations: Methods, Models and Morphology
Type: Book
ISBN: 978-1-83753-052-6

Abstract

Details

Inside Knowledge
Type: Book
ISBN: 978-1-78714-565-8

Article
Publication date: 1 April 2003

Anghel N. Rugina

Introduces Hicks, from the UK, and his classical upbringing, including his mathematical scholarships and Oxford. Looks at his early career as a lecturer at the London School of…

Abstract

Introduces Hicks, from the UK, and his classical upbringing, including his mathematical scholarships and Oxford. Looks at his early career as a lecturer at the London School of Economics and his development in the economics field. Concludes that Hicks was an original thinker, giving thanks to his immense contributions.

Details

International Journal of Social Economics, vol. 30 no. 4
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 September 2005

Alexander M. Goulielmos

To follow the modern movement of using “positive feedback” to explain companies' behaviour with special focus on historical accidents.

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Abstract

Purpose

To follow the modern movement of using “positive feedback” to explain companies' behaviour with special focus on historical accidents.

Design/methodology/approach

To contribute to the emergence of new complexity theory as applied to management and prove that historical accidents matter, combining and bringing together literature sources.

Findings

The concept of unique equilibrium has been seriously disputed – the selection process is shown, as is the path dependent process using probability theory.

Practical implications

A location theory as case study is outlined – great for those fond of unique equilibrium.

Originality/value

To show another theory, which is dynamic, non‐linear, and complex as reality; to apply it to management underlying at the same time the role of historical accidents (random process).

Details

Disaster Prevention and Management: An International Journal, vol. 14 no. 4
Type: Research Article
ISSN: 0965-3562

Keywords

Article
Publication date: 1 February 1989

W. Keizer

Since the late 1970s there have been a number of articles devotedto re‐evaluating the issues and arguments involved in the debateconcerning comparative economic systems. The…

Abstract

Since the late 1970s there have been a number of articles devoted to re‐evaluating the issues and arguments involved in the debate concerning comparative economic systems. The present state of this continuing debate is evaluated with regard to modern theories of planning, bureaucracy, motivation and property rights. It appears that the debate has not been settled yet.

Details

Journal of Economic Studies, vol. 16 no. 2
Type: Research Article
ISSN: 0144-3585

Keywords

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