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Article
Publication date: 22 April 2000

David N. Hurtt, Jerry G. Kreuze and Sheldon A. Langsam

Significant investment dollars are now allocated to companies deemed by investors as socially responsible. This socially responsible theme contends that corporations should be…

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Abstract

Significant investment dollars are now allocated to companies deemed by investors as socially responsible. This socially responsible theme contends that corporations should be held accountable for the totality of their actions and decisions, including CEO compensation levels. This paper investigates whether CEO compensation levels are more associated with traditional performance measures for socially responsible firms than for firms deemed not socially responsible, with the assumption being that social choice firms will be more sensitive to and may attempt to align CEO compensation levels with corporate performance. Rank correlation analysis and regression results using nine performance variables for 270 firms indicated that CEO compensation levels at social choice companies were more highly associated with performance variables than those at nonsocial companies. The study results suggest that social choice companies, in addition to their other corporate good deeds, seem to include CEO compensation levels as a part of their overall corporate decision process.

Details

American Journal of Business, vol. 15 no. 1
Type: Research Article
ISSN: 1935-5181

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Article
Publication date: 1 March 1995

Nicholas C. Mangos and Neil R. Lewis

The lack of explicit consideration in positive accounting studiesof managers and their social environment leads to a failure to analysethe social factors that influence managers…

4306

Abstract

The lack of explicit consideration in positive accounting studies of managers and their social environment leads to a failure to analyse the social factors that influence managers′ accounting choices. Argues that based on a socio‐economic paradigm, consideration should be given to a socio‐economic consideration of the relationship between corporate social reporting and managers′ selection of accounting practices. Criticizes a purely economic approach to understanding and analysing motives managers may have in choosing accounting policy. Social responsibility reporting is suggested as a corporate social response to influences on managers and their choice of accounting policy. In analysing prior research which has empirically tested the relationship between social responsibility reporting and reported financial performance, a potential relationship between reported financial performance and accounting policy choice is identified and developed. This contributes to socio‐economic research by expanding positive accounting theory to include explicit social variables.

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Accounting, Auditing & Accountability Journal, vol. 8 no. 1
Type: Research Article
ISSN: 0951-3574

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Article
Publication date: 1 February 1994

Said Hallaq

This paper aims at examining the possibility of constructing an Arrow‐social welfare function (SWF) in an Islamic community, that is abide by the Islamic tradition (i.e. the…

Abstract

This paper aims at examining the possibility of constructing an Arrow‐social welfare function (SWF) in an Islamic community, that is abide by the Islamic tradition (i.e. the Shari'ah), where the domain of the individuals is defined in the context of Islamic framework. This domain is defined by the Shari'ah, where part of that domain is constrained, such that those actions that lie in the wajib (i.e. obligatory) or haram (i.e. prohibited), where the individual has no choice, must be thoroughly explored with respect to such a welfare function to consistency with the Shari'ah. Individual choice functions only within that segment of the domain that Islamic law leaves to the individual; the individual makes choices concerning actions in which they will not lose any praise or reward if they do or do not act one way or another. My concern in this regard will be the Mubah (i.e. permissible) range of the individual domain. In the process of examining the possibility of constructing an Arrow form (SWF) in an Islamic community, I have added a new Axiom to those suggested by Arrow (1951, pp.22–31). Kenneth J. Arrow, in his book Social Choice and Individuals Values (1951), has argued that five requirements of ‘fairness’ must characterize an acceptable social welfare function. He finds that these are inconsistent with each other. In fact, no welfare function exists that will satisfy all of those conditions simultaneously. As laid out by Arrow, these five conditions are, respectively: (1) universal domain; (2) positive association of individuals' values; (3) independence of irrelevant alternatives; (4) citizens' sovereignty; (5) nondictatorship. These conditions, characterized by Arrow as “seemingly innocuous” together rule out the possibility of deriving a complete and consistent (SWF) (Luce and Raiffa, 1957, p.328). The new axiom which I will refer to as Islamically imposed axiom such that, in the process of formulating an Arrow form social welfare function, it is important to be consistent with the Shari'ah. The Islamically imposed condition will thus guarantee the consistency with the Shari'ah in the process of formulating a social welfare function. This axiom implies that to maintain consistency the following must hold: When ti, (which refers to actions that individuals must do) is an element of the choice set (xi, ti), ti will always be chosen over xi (which refers to the feasible set of alternatives that individuals can choose from), and when tio is an element of the choice set (which refers to actions that individuals must not do), it will never be chosen. I came to the conclusion that when the choice set contains alternatives that the individual must do (wajib) or must not do (haram), the former will be chosen and the latter will never be chosen. Thus, for the general case, Arrow's negative results follow. If these elements are not in the choice set (i.e. all elements in the choice set belongs to Mubah activities), then Arrow's results follow in a straightforward fashion.

Details

Humanomics, vol. 10 no. 2
Type: Research Article
ISSN: 0828-8666

Article
Publication date: 12 July 2011

James M. Cronin and Mary B. McCarthy

An effective means to promote optimal nutrition for any group of consumers is to expand nutrition professionals' understanding of the cohort's food choice processes. The purpose…

1076

Abstract

Purpose

An effective means to promote optimal nutrition for any group of consumers is to expand nutrition professionals' understanding of the cohort's food choice processes. The purpose of this paper is to investigate the situated food choice influences of the videogames subculture; a known consumption enclave for calorie dense low nutrient foods. The investigation is conducted by application of an abbreviated version of Furst et al.'s model of the food choice process as a conceptual framework.

Design/methodology/approach

This investigation uses an interpretive research strategy and adopts a qualitative approach to data collection and analysis. In total, 14 purposively sampled semi‐structured, in‐depth interviews were carried out with members of the videogames subculture.

Findings

Informants' food choices and preferences during social gameplay were strongly influenced by beliefs related to appropriate food behaviour and ideal characteristics of foods suitable for grazing. All informants described some constraints imposed by the physical surroundings and environmental nature of gameplay such as issues of messiness and inability to eat with utensils while gaming. Social structure played an important role in informants' food choices, and much of this structure was built around the hedonic intersection of food and gameplay. Informants' food choices were also influenced by poor cooking abilities and unwillingness to devote much effort to meal preparation during gameplay.

Practical implications

Used in conjunction with theories of behavioural change, the insights gathered here should help inform interventions and communications strategies. Both commercial and social marketing domains have a role to play in positively influencing gamers' diets.

Originality/value

The paper offers social marketers insight into the influences that underpin unhealthful food choices within the videogames subculture and how to positively bring about change.

Details

Journal of Social Marketing, vol. 1 no. 2
Type: Research Article
ISSN: 2042-6763

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Article
Publication date: 1 January 2013

Mukta Kulkarni and Siddharth Nithyanand

Past research has largely portrayed job choice as a relatively rational and goal‐directed behavior where applicants make decisions contingent on organizational recruitment…

6108

Abstract

Purpose

Past research has largely portrayed job choice as a relatively rational and goal‐directed behavior where applicants make decisions contingent on organizational recruitment activities, or evaluations of job and organizational attributes. Research now informs us that job choice decisions may also be based on social comparisons and social influence. The purpose of this paper is to add to this body of knowledge by examining reasons why social influence is a key factor in job choice decisions of relatively young job seekers.

Design/methodology/approach

The study is based on in‐depth interview data from graduating seniors at an elite business school in India.

Findings

Respondents did not see themselves as acting based on social influence as much as they perceived others around them to be. Reasons they noted for others’ socially influenced job choice decisions were: peers and seniors are seen as more accessible and trustworthy than organizations; organizations do not share all and/or objective data, driving job seekers to other sources; job seekers are clueless and hence follow a “smart” herd; and job seekers make decisions for social status signaling. Respondents pointed to socially influenced job choices as being rational behaviors under certain conditions.

Research limitations/implications

Generalizability of findings may be limited to young job seekers or to the Indian context, and the authors encourage replication. The authors also acknowledge the importance of individual difference variables in job choice decisions, a factor not considered in the present research.

Practical implications

Given that job seekers rally around others’ notion of an attractive job or an organization, the paper outlines several implications for managerial practice.

Originality/value

This study, in a yet unexamined cultural context, points to the simultaneous and combined importance of normative and informational social determinants of job choice, bias blind spots in one's own job choice perceptions and decisions, gender specific socialization influences on job choices, and the notion of job fit in terms of fitment with expectations of important reference groups.

Details

Employee Relations, vol. 35 no. 2
Type: Research Article
ISSN: 0142-5455

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Abstract

Details

Documents from the History of Economic Thought
Type: Book
ISBN: 978-0-7623-1423-2

Article
Publication date: 28 January 2020

Lars-Olof Johansson, Isak Barbopoulos and Lars E. Olsson

This paper aims to examine how social and moral salience influences the activation/deactivation of consumer motives and how this in turn affects costly pro-environmental consumer…

Abstract

Purpose

This paper aims to examine how social and moral salience influences the activation/deactivation of consumer motives and how this in turn affects costly pro-environmental consumer behavior.

Design/methodology/approach

In two experiments involving real purchases, it was tested whether social salience (private vs public choice) and moral salience (recall of neutral vs immoral action) lead to the activation of normative motives, and/or the deactivation of economic motives, and whether this facilitated the purchase of a costlier green product.

Findings

Participants were motivated by both economic and normative motives, and they actively made trade-offs between these motives as the choice environment changed. Green consumption was positively influenced by social and moral salience but only when both salience conditions were present simultaneously. However, salience did not lead to the activation of normative motives, as was expected, but to a deactivation of the motive to save money. This may suggest that while the importance of norms was not altered by salience, the perceived value of the green option likely changed in such a way that participants became more inclined to choose the costlier green option.

Originality/value

The present research sheds light on how and why social and moral salience influences green consumption. It was demonstrated that social and moral salience influences the tendency to purchase costlier green products, however, only when both are combined. Also, the effects of social and moral salience may not rely on the activation of facilitating social and moral motives but rather on the deactivation of conflicting economic motives.

Details

Journal of Consumer Marketing, vol. 37 no. 3
Type: Research Article
ISSN: 0736-3761

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Article
Publication date: 1 January 1993

Masudul Alam Choudhury

Discusses social choice formation in the Islamic institutionalframework. This involves the technical formalization of the institutionsof consultative decision making and knowledge…

Abstract

Discusses social choice formation in the Islamic institutional framework. This involves the technical formalization of the institutions of consultative decision making and knowledge formation in these institutions: processes which are respectively called the Shura and Ijtehad. Knowledge generated in the form of decision rules is transmitted to the socio‐economic order in accordance with the tenets of Shariah. Herein, knowledge‐function is shown to undergo an interactive and discursive form of revision, changes or affirmation. Shows that knowledge‐function interactions formulate the Shuratic process, an essential characteristic of which is treatment of ethics and morals relating to specific issues at hand in the midst of the polity‐market interactions. Examines mathematically several stability and equilibrium conditions of the social welfare function established on the basis of the Shuraticprocess. The problem of social consensus formation against social conflict resolution is taken up in the same interactive social choice model.

Details

International Journal of Social Economics, vol. 20 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 4 December 2023

Shann Torng Wong, Siew Chin Wong and Chui Seong Lim

The post-pandemic crisis has reshaped work dynamics across industries, leading to a widespread reliance on technology for remote work and business continuity. Operations have…

Abstract

Purpose

The post-pandemic crisis has reshaped work dynamics across industries, leading to a widespread reliance on technology for remote work and business continuity. Operations have shifted to the digital space, altering job requirements and creating new career opportunities. The expansion of the digital industry has generated numerous career choices. The purpose of this study is to determine the relationships between self-efficacy, social media, career outcome expectations and career choices among fresh graduates in Malaysia amid the pandemic crisis.

Design/methodology/approach

Research data were collected from a sample of 318 fresh graduates from both public and private universities in Malaysia. Partial least squares structural equation modeling (PLS-SEM) was used to analyze the data in this study.

Findings

The empirical findings revealed significant correlations between self-efficacy, social media usage and career outcome expectations and the career choices of Malaysian fresh graduates.

Research limitations/implications

The present study offers an empirical framework to explain career choices among fresh graduates in Malaysia during the pandemic crisis, based on a review of related literature on careers. This research contributes to the body of knowledge on career choices among Generation Z fresh graduates and provides practical implications for organizations and individual employees. It suggests developing relevant Human Resource Development (HRD) interventions to retain the young workforce within organizations.

Originality/value

This study enriches the existing literature on self-efficacy, social media and career outcome expectations in the context of a pandemic crisis. It offers a new interpretation of how individual and contextual factors impact career choices, shaping the career management attitudes of fresh graduates in the post-pandemic era. The empirical findings also give valuable insights into higher education institutions, organizations and government authorities in Malaysia to develop relevant interventions to assist undergraduate students in their career choice exploration.

Details

Journal of Applied Research in Higher Education, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-7003

Keywords

Abstract

Details

Economic Growth and Social Welfare: Operationalising Normative Social Choice Theory
Type: Book
ISBN: 978-0-44451-565-0

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