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1 – 10 of 32
Article
Publication date: 4 December 2017

Michael A. Kortt, Todd Steen and Elisabeth Sinnewe

The purpose of this paper is to examine the determinants of church attendance and the formation of “religious human capital” using a Becker-inspired allocation-of-time framework.

Abstract

Purpose

The purpose of this paper is to examine the determinants of church attendance and the formation of “religious human capital” using a Becker-inspired allocation-of-time framework.

Design/methodology/approach

Data derived from three waves of the Household, Income and Labour Dynamics in Australia Survey were used to estimate a reduced-form two-equation system where the endogenous variables were frequency of attendance at religious services and intensity of faith.

Findings

The results indicate that while the hourly wage rate accounts for some of the variation in the attendance and faith regressions (i.e. higher wages lead to lower levels of attendance and faith), “allocation of time” variables like working long hours also influence these dimensions. The findings also suggest that the decision to attend or not or to have any faith at all is generally independent from economic factors. However, once the decision to attend or to have faith is made, an individual’s wage influences the degree of attendance or faith to a significant level.

Originality/value

The study contributes to this embryonic body of empirical literature by providing – to the best of the authors’ knowledge – the first results for Australia.

Details

International Journal of Social Economics, vol. 44 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 8 August 2016

Elisabeth Sinnewe, Michael Kortt and Todd Steen

– The purpose of this paper is to estimate the association between religious affiliation and the rate of return to human capital for German men and women.

Abstract

Purpose

The purpose of this paper is to estimate the association between religious affiliation and the rate of return to human capital for German men and women.

Design/methodology/approach

This paper employs data from the 1997, 2003, 2007 and 2011 waves of the German Socio-Economic Panel for German men and women in full-time employment between the age of 25 and 54. The association between religious affiliation and wages was estimated using a conventional human capital model.

Findings

This paper finds that Catholic men (women) received a wage premium of 4 per cent (3 per cent) relative to their Protestant counterparts, even after controlling for an extensive range of demographic, economic and social characteristics.

Originality/value

The study contributes to the literature by providing – to the best of the authors’ knowledge – the first results on the wage premium received by Catholic men and women in the German labour market.

Details

International Journal of Social Economics, vol. 43 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 May 2004

Todd P. Steen

Does religious and denominational background affect earnings and human capital investment? This paper examines religious background and human capital formation for a sample of…

1211

Abstract

Does religious and denominational background affect earnings and human capital investment? This paper examines religious background and human capital formation for a sample of males from the year 2000 wave of the National Longitudinal Survey Youth 1979 Cohort. This survey provides information that makes it possible to control better for many components of family background in order to isolate the impact of religion and denomination. The paper contains results from analyses of men within broad religious categories as well as within various Protestant denominations, and reports results for different racial and ethnic groups. The method used for the analysis is the estimation of human capital earnings functions. The paper finds evidence that both men raised as Catholics and men raised as Jews have higher earnings, holding other characteristics constant.

Details

International Journal of Social Economics, vol. 31 no. 5/6
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 October 2006

Todd P. Steen, Steve VanderVeen and Julie Voskuil

The purpose of this paper is to explore a Christian perspective on the field of finance.

9444

Abstract

Purpose

The purpose of this paper is to explore a Christian perspective on the field of finance.

Design/methodology/approach

This paper begins by examining the theoretical underpinnings of finance and how finance is practiced today. The paper then considers the implications of a reformed Christian worldview for finance, with special attention to the implications of the Biblical description of heaven for the practice of finance. The paper concludes by offering suggestions for the practice of finance.

Findings

Finance as it practiced today is overly concerned with short‐term considerations, shareholder interests over those of other stakeholders, and contractual relationships over other types of relationships. A model based on the Christian Scriptures that utilizes the themes of creation, fall, redemption, and consummation can be used to critique both the theory and practice of finance. This model suggests that finance is part of God’s intended structure for the world, and that it should contribute to the promotion of shalom, that is the universal flourishing of both humankind and the earth.

Practical implications

An examination of the Christian Scriptures provides a model for the practice of corporate finance. The authors assert that finance should be covenantal, long‐term oriented, inclusive, and stakeholder‐driven, and that it should promote the cause of justice.

Originality/value

The value of this paper is that it develops a Christian perspective on finance based on the reformed tradition of Christianity; it also offers suggestions for the practice of finance.

Details

Managerial Finance, vol. 32 no. 10
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 1 January 1996

Todd P. Steen

Does religious and denominational background still affect earnings and human capital investment? Several earlier studies suggest that they do, but all of these previous studies…

962

Abstract

Does religious and denominational background still affect earnings and human capital investment? Several earlier studies suggest that they do, but all of these previous studies were conducted on data from the 1970s and early 1980s. Examines religious background and human capital formation for a sample of males from the National Longitudinal Survey Youth Cohort (1991). Provides survey information that makes it possible to control better the many components of family background in order to isolate the impact of religion and denomination. Uses the estimation of human capital earnings functions similar to Tomes’ (1984) method. Finds that men raised as Catholics or Jews have higher incomes than men raised as Protestants, other things being held equal. When the dependent variable used for the analysis is the logarithm of hourly wages, men raised either as Catholics or Jews were also found to have higher wages. Contains results from analyses of men within various Protestant denominations, as well as results for different racial and ethnic groups.

Details

International Journal of Social Economics, vol. 23 no. 1
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 October 2006

Brian E. Porter and Todd P. Steen

The purpose of this paper is to explore the role of Christian investors and the responsibility to promote justice and stewardship.

2474

Abstract

Purpose

The purpose of this paper is to explore the role of Christian investors and the responsibility to promote justice and stewardship.

Design/methodology/approach

This paper examines three models of integrating the Christian faith with investing in the stock market. The first model considers investing in the stock market with minimal ethical discretion, looking at possible justifications for such behavior. The second model looks at the practice of avoidance of the stock market. The third model examines the ethic of active stewardship, where individuals more closely monitor the ethical behavior of firms.

Findings

Buying stock in a company makes one a part owner of that firm, and as an owner Christians have responsibilities to promote justice and stewardship within that firm. Although Christians may differ on the proper model for responding to this responsibility, the goal of all Christians should be to encourage fair business practices, honest labor‐management relations, care for the environment, and the production of goods that are truly useful in today’s society.

Practical implications

All three models can be based on various understandings of the Christian scriptures. The authors assert that whatever model is chosen, Christians need to look beyond just monetary returns when making investment decisions.

Originality/value

The value of this paper is that it explores the difficulty of integrating the Christian faith with investing and offers a model for being a responsible Christian investor.

Details

Managerial Finance, vol. 32 no. 10
Type: Research Article
ISSN: 0307-4358

Keywords

Content available
Article
Publication date: 1 March 2008

GiSeung Kim

This survey overviews the literature on entrepreneurship and self-employment. The author catalogs the main contributions of this body of research and makes a distinction between…

1916

Abstract

This survey overviews the literature on entrepreneurship and self-employment. The author catalogs the main contributions of this body of research and makes a distinction between issues on which there is now widespread agreement and those for which no consensus has yet emerged. This latter set of issues provides fertile ground for further research.

Details

New England Journal of Entrepreneurship, vol. 11 no. 1
Type: Research Article
ISSN: 2574-8904

Article
Publication date: 2 April 2021

Azaddin Salem Khalifa

The confusion over what counts as “strategic” is widely acknowledged to be a problem for both research and practice. The paper aims to develop a robust definition of “strategic…

1742

Abstract

Purpose

The confusion over what counts as “strategic” is widely acknowledged to be a problem for both research and practice. The paper aims to develop a robust definition of “strategic decisions” and a classifying tool that distinguishes them from grand tactical, tactical, and other organizational decisions.

Design/methodology/approach

An extensive literature review focused on the leading journals is carried out. Articles having “strategic decision” in the abstract are retrieved from EBSCO Host and ProQuest One Academic databases. Definitions of “strategic decisions” are critically assessed and classified to form the trigger and basis of the development of new definition.

Findings

The literature review identifies five approaches by which strategic decisions are defined, and their limitations are exposed. The proposed definitions of “strategic,” grand tactical, and tactical decisions, and the novel classification tree, used to distinguish those decisions, are shown to be more accurate and robust than those previously offered in the literature.

Originality/value

New definitions of “strategic,” grand tactical, and tactical decisions are offered; and a new classifying tool is developed.

Details

Journal of Strategy and Management, vol. 14 no. 4
Type: Research Article
ISSN: 1755-425X

Keywords

Open Access
Article
Publication date: 14 November 2023

Barbara van der Steen, Joke van Saane and Gerda van Dijk

The purpose of this article is to phenomenologically explore the reflective practices of leaders in public organisations amidst a complex societal context in combination with…

Abstract

Purpose

The purpose of this article is to phenomenologically explore the reflective practices of leaders in public organisations amidst a complex societal context in combination with rapid changes. In this article, the authors specifically explore the lived experiences of public leaders to generate new hypotheses concerning their reflective practices.

Design/methodology/approach

The phenomenological methodology consists of analysing the lived experiences of 13 public leaders, collected in an in-depth interview and written reflections.

Findings

The thick data offer new and up-to-date insights into the daily experiences of public leaders concerning their challenges, the effect of the addictive and alienating forces, their reflex to withdrawal when facing emotional incidents and the effects of their contradictory mindsets.

Practical implications

The practical implication is a critical approach towards reflective practices of public leaders. The risk is that reflectivity is approached as a socially desirable instrumental ritual. Considering the needs and desires the public leaders shared, the authors wonder: Is there a growing importance of reflective time and space – or, above all, meaningful relations and resonant moments amidst the alienation forces?

Originality/value

The phenomenological exploration offers concrete insights into the daily experience of public leaders', as opposed to the often-abstract theory. The new hypotheses provide a new starting point for further critical phenomenological research.

Details

International Journal of Public Leadership, vol. 19 no. 4
Type: Research Article
ISSN: 2056-4929

Keywords

Content available
293

Abstract

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