Search results

The paper uses annual and pooled data on Australian banks for the years 1994 to 1996 to test the two competing hypotheses of market structure and performance; namely, the structure‐conduct‐performance hypothesis (in concentrated markets firms derive higher profits due to collusion) and the efficiency hypothesis (firms derive higher profits because they are efficient). We test these two and other two intervening hypothesis in the context of the Australian banking market. The results reject the efficiency hypothesis and also the two intermediate hypotheses but there is a lack of strong evidence to reject the structure‐conduct‐performance hypothesis. The results are important because such an empirical investigation has not been conducted in Australia to date. The results suggest that it may be hard to defend abolishing the Four‐pillar Policy (which was a major recommendation of Wallis Report 1997) on efficiency grounds.

The purpose of this research is to assess the impact of espoused individual cultural traits on proactive behaviors within an organizational environment. While there have been many reports about the positive outcomes of proactivity, there is much less known about the antecedents, particularly those related to culture.

Sales employees (n=147) in a multi-national organization from Australia, Canada, New Zealand, the UK, and the USA were surveyed to assess the impact of cultural trait influences on proactive behavior at the individual level. Using linear regression and partial least squares structural equation modeling, three independent variables were found to be significant antecedents to proactive behavior.

Long-term orientation positively influenced proactive behaviors as did uncertainty avoidance. Uncertainty avoidance was hypothesized to have a negative impact on proactive behaviors, but the results of this study implied that individuals found it safer to adjust to a fluid environment rather than to remain inflexible. No relationship was found between power distance and proactivity. Masculinity was found to be positively related to proactive behaviors but collectivism was not.

The results of this study should be limited to its own population and not generalized to larger, more culturally diverse populations which were not represented in the sample.

This study provides better understanding of managerial proactive behavior related to cultural traits, particularly in the domain of field sales.

This study is unique in that it explores individual proactivity in an organizational selling environment related to cultural traits at the individual level.

Reto Rupf‐Haller presented the case of the environmental planning process adopted by the St‐Moritz region (Suisse) for the organisation of the FIS Alpine World Skiing Championships in 2003. The race slopes of the championships are situated in an ecologically sensitive area above the forest‐line.

Understanding how worker well-being is distributed across the population is of paramount importance. With such knowledge policy makers can devise efficient strategies to improve social welfare. This volume contains 13 chapters on topics enhancing our comprehension of inequality across workers. The issues addressed deal directly with the economic institutions that affect individual and family earnings distributions. The themes explored include job training, worker and firm mobility, minimum wages, wage arrears, unions, collective bargaining, unemployment insurance, and schooling. Among the questions answered are: To what extent do greater work hours of women mitigate the widening family earnings distribution? To what extent does deunionization widen the distribution of earnings? Do computers really cause a widening of the earnings distribution? How would the Russian wage distribution change if one accounted for wage arrears? How much of job creation and job destruction comes about because of business relocation? To what extent does maternal education increase children's education? Why do increases in the minimum wage fail to substantially decrease employment as economic theory would predict? And, to what extent do job skills matter for low-income workers?

Ich habe genug (I have enough) BWV 82 is one of the best known, most regularly performed and consistently recorded of J.S. Bach's approximately 200 extant sacred cantatas. ¹ In the text, by an anonymous author, the narrator repeatedly expresses their readiness to die, in faith that they will be received by their saviour in eternal life. The whole cantata expresses a fearless ‘longing for death’ (Schweitzer, 1911/1966, p. 114), coupled with a serene contentment. Bach's setting of this text for religious purposes not only supports the sentiments expressed by the narrator but colours, illuminates, vitalises and elevates it in ways that startle the ear, quicken the spirit and stir the imagination. In the third and final aria of the cantata, Bach employs an almost-jaunty dance rhythm to accompany the narrator's anticipatory delight in their own death, liberated from worldly and bodily suffering. After identifying some of the ingenious ways Bach animates the text, I offer some speculations and elaborations as to how and why this work has had such an enduring presence in the Western musical canon, for believers and non-believers alike.