Search results
1 – 10 of over 3000Scott W. Geiger, Howard Rasheed, James J. Hoffman and Robert J. Williams
Very little is known about the influences of corporate strategy and regulation on the risk of regulated firms. The current study addresses this gap by examining the relationship…
Abstract
Very little is known about the influences of corporate strategy and regulation on the risk of regulated firms. The current study addresses this gap by examining the relationship among the level of diversification, the regulatory environment, and risk levels of regulated electric utility companies. Results suggest that both the regulatory environment and level of diversification impact firm risk. Specifically, the regulatory environment in which a firm operates moderates the relationship between diversification and risk. Electric utilities operating in the least favorable regulatory environments benefited the most from diversification in terms of risk reduction, while electric utilities in the most favorable regulatory environments experienced increases in risk from diversification. These findings extend previous studies by showing how both the regulatory environment and corporate strategy impact the risk of regulated utilities.
Ana R. Lapcevic, Danimir P Jevremovic, Tatjana M Puskar, Robert J. Williams and Dominic Eggbeer
The purpose of this paper is to analyse structure and measure hardness of Co-Cr dental alloy samples made with two different technologies, conventional casting method (CCM…
Abstract
Purpose
The purpose of this paper is to analyse structure and measure hardness of Co-Cr dental alloy samples made with two different technologies, conventional casting method (CCM samples) and additive direct metal laser sintering technology (DMLS samples), and to compare the results.
Design/methodology/approach
CCM samples were made in a conventional casting machine, using remanium 800+ Co-Cr dental alloy (Dentaurum, Ispringen, Germany). DMLS samples were fabricated out of EOS CC SP2 Co-Cr alloy (EOS, GmbH, Munich, Germany) using DMLS technology. Samples for structural analysis were plate-shaped (10 × 10 × 1.5 mm3) and for the hardness test were prismatic-shaped (55 × 10.2 × 11.2 mm3). Structure was analysed via an inverting microscope and colour metallography method.
Findings
CCM samples have a dense, irregular dendritic mesh, which is typical for the metallic phase of the Co-Cr dental alloy. DMLS alloy has a more homogenous and more compact structure, compared to CCM. Metals, the alloy basis consists of, form semilunar stratified layers, which are characteristic for the additive manufacturing (AM) technique. Hardness values of DMLS (mean value was 439.84 HV10) were found to be higher than those of CCM (mean value was 373.76 HV10).
Originality/value
There are several reports about possible use of AM technologies for manufacturing dental devices, and investigation of mechanical properties and biocompatibility behaviour of AM-produced dental alloys. Microstructure of Co-Cr alloy made with DMLS technology has been introduced for the first time in the present paper.
Details
Keywords
Thomas J. Friedmann, Anthony H. Zacharski, Margaret A. Bancroft, Roger Mulvihill, Susan A. Reading, Robert J. Williams and Alan Rosenblat
The purpose of this paper is to summarize and analyze the SEC's July 9, 2008 roundtable discussion regarding fair value accounting and auditing standards.
Abstract
Purpose
The purpose of this paper is to summarize and analyze the SEC's July 9, 2008 roundtable discussion regarding fair value accounting and auditing standards.
Design/methodology/approach
The paper discusses investor, auditor/accountant/actuary, and corporation views concerning the usefulness of fair value accounting, potential market behavior effects from fair value accounting, challenges in applying fair value standards, possible improvement to the current standards, and working with auditors who provide assurance for fair value accounting.
Findings
Some investor panelists said fair value provides investors with the most current and relevant information of any accounting method and some believe fair valuation is important for market integrity and trust because it is a transparent measure for valuation. Auditors are especially challenged in determining fair values in illiquid or frozen markets. Roundtable participants viewed disclosure as critical for implementation of fair valuation, particularly regarding key inputs and assumptions. Auditors and corporations would like more guidance on applying fair value accounting from the SEC and Public Company Accounting Oversight Board.
Originality/value
The paper provides expert guidance by experienced securities lawyers.
Details
Keywords
Paul A. Fadil, Robert J. Williams, Wanthanee Limpaphayom and Cindi Smatt
Conceptually examines the effect of individualism/collectivism on the tenets of equity theory. It is the view of the authors that the equality principle of reward allocation in…
Abstract
Conceptually examines the effect of individualism/collectivism on the tenets of equity theory. It is the view of the authors that the equality principle of reward allocation in collectivistic cultures is not a separate method of distribution, but a subset of the theoretically grounded equity principle appropriately integrating the cross‐cultural individualism/collectivism value. To support this position, the authors reduce equity theory to its fundamental elements and illustrate how in dividualism/collectivism separately affects each component. The derived model and subsequent discussion should provide researchers with a theoretical frame work for future empirical studies.
Details
Keywords
Mio Fredriksson and Linda Moberg
The purpose of this paper was to study the unfolding of an urgent and extensive decommissioning program in Sweden, focusing on the public’s reactions and their arguments when…
Abstract
Purpose
The purpose of this paper was to study the unfolding of an urgent and extensive decommissioning program in Sweden, focusing on the public’s reactions and their arguments when opposing the decommissioning activities.
Design/methodology/approach
The public’s responses were studied through local media. Its content was surveyed and divided into actions and arguments. The arguments were further analyzed and categorized into inductively developed themes.
Findings
Protest activities, such as demonstrations, meetings and petitions, were not coordinated, but mostly carried out for withdrawals of unique services and services in remote areas. The public questioned the decision makers’ information, calculations and competence, the adequacy of the consequence analyses and whether the decommissioning activities would lead to any real savings. Patient and public safety, the vulnerable in society, and effects on the local areas were important topics. Thus, it seems the decision makers did not fully succeed in communicating the demonstrable benefits or create clarity of the rationales for decommissioning the particular services. Furthermore, it seems the public has a more inclusive approach to health services and their value compared to decision makers that need to keep the budget.
Originality/value
Decommissioning is an emerging field of research, and this study of the unfolding of an urgent and extensive decommissioning program contributes with evidence that may improve decommissioning policy and practice. The study illustrates that it may be possible to implement a decommissioning program despite public protest, but that the longer-term effects on the health system’s legitimacy need to be studied.
Details
Keywords
Robert J. Williams, Keith Absher and James J. Hoffman
Examines differences in discount store selection factors among both male and female members of the “baby busters” generation. Results indicate that significant differences in…
Abstract
Examines differences in discount store selection factors among both male and female members of the “baby busters” generation. Results indicate that significant differences in discount store selection factors do exist between male and female members of the baby busters generation. These findings suggest that the current practice of dual‐gender positioning by discount stores may be less effective than the more traditional female‐oriented approach.
Details
Keywords
Wanthanee Limpaphayom, Robert J. Williams and Paul A. Fadil
This study seeks to examine differences in the perceptions of sexual harassment between business school students in the USA and Thailand.
Abstract
Purpose
This study seeks to examine differences in the perceptions of sexual harassment between business school students in the USA and Thailand.
Design/methodology/approach
Senior‐level business students from both the USA (228 students) and Thailand (260 students) were surveyed regarding their perceptions of what constituted sexual harassment behaviour. After reading different workplace scenarios, the participants used a Likert‐type scale to rank different behaviours as to what they felt constituted sexual harassment. The survey scores were factor‐analyzed in order to determine the constructs underlying the variety of sexual harassment behaviours.
Findings
Students in the USA viewed sexual harassment as involving a quid quo pro situation in which one's behaviour affects the terms of employment (sexual coercion), and a hostile environment in which certain behaviours and remarks create a hostile or offensive work environment. In comparison, the Thai students also viewed behaviours that create a hostile or offensive environment as constituting harassment, but also considered sexually explicit language and jokes to be very offensive, and as constituting a form of sexual coercion.
Research limitations/implications
This study used only one data collection method, specifically, a survey instrument. Also, this study examined differences between US subjects and subjects from only one Far Eastern country. Thus, the results may not be generalizable to other East Asian countries.
Practical implications
As US businesses begin to expand into the Far East, it is imperative that we understand the nature of sexual harassment perceptions in these Far East countries.
Originality/value
This paper provides evidence that the perception of what constitutes sexual harassment varies across cultures.
Details
Keywords
The paradigm of the Chinese Box Puzzle served as the analytic framework for this study of school board member recruitment. It directed attention to the process of selection and…
Abstract
The paradigm of the Chinese Box Puzzle served as the analytic framework for this study of school board member recruitment. It directed attention to the process of selection and elimination that narrows the population of a school system to the very few who are elected to the school board. In terms of the paradigm, between the largest box — the many who are governed — and the smallest box — the few who govern — are intermediate boxes that identify the social and political processes that successively narrow the population. The study did not advance specific hypotheses, but rather sought to trace the collective careers of sixty school board members and to draw implications from the modal patterns. The essential finding, that the recruitment process propels into office school board members who are different in many respects from those whom they represent, has important implications for educational governance.
Properly conceived, conducted and interpreted, motivation research can be an extremely powerful management tool, designed to help the manufacturer or advertiser to sell more…
Abstract
Properly conceived, conducted and interpreted, motivation research can be an extremely powerful management tool, designed to help the manufacturer or advertiser to sell more goods. Its aim is to expose the market situation, explain it and suggest courses of action which will lead to desired changes. It is a way of looking at a problem rather than a collection of specialist techniques and is strictly practical. Hence it can be used alongside other market research tools for the solution of marketing problems and can be applied to a wide range of business activities. Much of its development has been in the advertising field but it can also help in the formulation of production policy, solving packaging problems and marketing operations. It is examined here in all these contexts. The idea of motivation research, the reasons for its use and the techniques by which to apply it are discussed, as well as the pitfalls that are likely to occur. New and imaginary case studies are used throughout to illustrate points. A review of the subject literature is included.
Details
Keywords
Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Term. 37203. Mrs. Cheney does not sell the books listed here. They are…
Abstract
Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Term. 37203. Mrs. Cheney does not sell the books listed here. They are available through normal trade sources. Mrs. Cheney, being a member of the editorial board of Pierian Press, will not review Pierian Press reference books in this column. Descriptions of Pierian Press reference books will be included elsewhere in this publication.