Search results

Urban sociological research posits a strong correlation between social isolation and the growth in illicit activities of street culture, namely the drug trade and violent gang activities. However, in this article we offer an explanation for why, even in the absence of extreme poverty and social isolation from mainstream institutions, youths in Cambridge, Massachusetts feel vulnerable to illicit street cultural activities. We also offer an explanation for why these youths perceive the effects of social dislocation to be similar to that experienced by youths from larger central cities. As we will elaborate below, some students in Cambridge are affected by illicit street cultural activities because: (1) social dislocation is a relative phenomenon and not merely an absolute phenomenon as described by William J. Wilson; (2) there is a social dislocation spill‐over effect from larger central cities that intensifies or amplifies the experiences of youths in the relatively poorer neighborhoods of Cambridge; (3) and some youths, from stable working‐class or wealthier neighborhoods in Cambridge, view involvement in the illicit activities of street culture as a reputable means of gaining peer respect through status group affiliation.

Structural explanations of racial stratification are weakened by a failure to in‐corporate attitudinal and ideological factors into their theories. But attitudinal researchers have tended to focus on racial prejudice and tolerance and neglected non‐racially specific beliefs that support white dominance. This article reviews the limits of each approach, discusses the problem of ideology for race relations theory and explores how, through the analysis of ideology, attitudinal and structural analysis might be synthesised. Findings on the relation between adherence to individualist explanations of poverty, perceptions of racial discrimination in employment and attitudes toward affirmative action programs are used to exemplify the power of class ideologies in shaping beliefs about racial inequality and vice versa. An exploration of ideologies of local autonomy and attitudes toward public housing and residential desegregation might elicit similar findings.

This paper tests the information efficiency of the Chinese stock market to judge if it contravenes the Fama (1965) efficient market hypothesis. Following China’s stock market reforms the market has grown in international importance, however many find information difficult to obtain and interpret.

The relative importance of earnings announcements is quantified using cross-sectional regressions of calendar-year annual returns R_i on returns in the four quarterly earnings announcement windows return R_j. The metric developed by Ball and Shivakumar (2008) and Basu et al. (2013) is used to determine the level of new information contained in earnings announcements.

Analysis reveals earnings announcements contain little new information of value, thus demonstrating the Chinese markets are not informationally efficient. Therefore, investors cannot automatically assume assets are always correctly priced, as they are in other established markets.

Major structural changes were made to Chinese equity markets in 2004, with the introduction of the Qualified Foreign Institutional Investors scheme. At the same time, firms were required to make earnings announcements on a quarterly basis. This paper is the first to test the impact of these changes on the information value of earnings announcements since the changes.

At a meeting of the Section of Epidemiology and State Medicine of the Royal Society of Medicine on March 8th, Captain M. Greenwood, of the Lister Institute, and Miss Cecily M. Thompson reported the results of an epidemiological study of the food problem. In an introductory account of the present state of physiological knowledge it was pointed out that, although certain matters—such, for instance, as the precise significance of the specific dynamic energy of foodstuffs —were still obscure, “ the real difficulty of the subject is not so much uncertainty respecting the justice of the physiologists' conclusions as the quantitative application of principles themselves clearly established.” In the second section of the paper the problem of muscular efficiency was discussed, and it was shown that existing knowledge is insufficient for the formulation of general rules, that each class of work must be specially considered with particular reference to the external conditions under which it is carried out. In the third section of the paper the statistics of consumption were reviewed, and it was shown that in them the relation between energy used and surface was not so close as might be expected on general grounds ; the authors concluded that the necessary uncertainty attaching to such data explained the lack of close concordance. They then gave a minute analysis of some data due to Amar with reference to muscular work, which they showed were fully concordant with physiological expectation. Standard tables giving the probable energy need for workers of different weights and doing different amounts of work had been calculated. A table containing Lefèvre's results on the heat loss of a clothed man exposed to different temperatures and air velocities was also exhibited ; the importance of this aspect of the matter and the value of Hill's investigations upon rates of cooling in connexion with rationing were emphasized. In the concluding section of the paper the effects of food shortage were discussed, and it was pointed out that a majority of the recorded famine sicknesses were not pure hunger effects, shortage of fuel and antecedent or coincident epidemic disease being chiefly responsible. The siege of Paris in 1870, that of Kut‐el‐Amara in 1915, and the historical outbreak of disease at the Millbank penitentiary mentioned recently although not pure famine effects, approximated more nearly to such a condition than any others recorded. From a study of the sequence of events in these cases in relation with the energy value of the diets consumed, it appeared that in each case the onset of sickness was gradual, and that its form depended upon local epidemiological considerations. The authors held that there was no one disease which stood in a peculiarly close relation to inanition ; that there was a general and gradual lowering of resistance to all forms of infection.

This paper aims to highlight the reasons for the establishment of savings banks in New Zealand, with a primary thesis being that savings banks in New Zealand were intended to operate in a similar way to those in the UK. That is, to provide banking services to the working classes and supply revenue to a cash-strapped government. Savings banks were reasonably successful in meeting the needs of their depositors but provided little revenue to the government. This gives rise to a secondary thesis that, when the Government was presented with the opportunity to establish the Post Office Savings Bank (POSB), they did so with revenue in mind.

Contemporaneous scholarly discussion along with newspaper, primary sourced bank and government archives builds an interpretation of why savings banks were established in New Zealand. This interpretation is presented in the form of a narrative, which tells the story of the rise of private savings banks in New Zealand and their eventual stagnation when the POSB was introduced.

Savings banks in New Zealand were initiated by Governor Grey primarily to provide an alternative source of development funding. New Zealand savings banks, initially modelled on UK and New South Wales variants, also appear to have been designed to meet the needs of the working classes, with deposits limited to £50 a year and a maximum balance set of £100 in total. However, as the requirement to invest in Government debt was removed from their founding legislation, they mainly provided mortgages to their local communities. To some extent, this situation was remedied in 1867 when the POSB was established, as it was required to invest as directed by the Government.

The narrative highlights the importance of savings banks and the POSB to both the people and government of New Zealand. This research adds to the discussion surrounding the purpose of savings banks and details the contributions made by both savings banks and the POSB in colonial New Zealand. As previous publications were in the main commissioned by various savings banks, this work provides an independent academic analysis of the first savings banks in colonial New Zealand in the period from the signing of the Treaty of Waitangi in 1840 until New Zealand became a dominion in 1907.

This paper aims to theorise and test a causal model of predominantly lean-driven quality improvement (QI) in the context of health-care clinical microsystems, examining the effects contextual factors in this setting have on improvement activity.

QI practitioners at a New Zealand District Health Board were surveyed on a range of contextual factors hypothesised to influence improvement outcomes. Survey responses were analysed via partial least squares path modelling to test the causal model that was designed to be consistent with the “model for understanding success in quality” (MUSIQ) model (Kaplan et al., 2012) adopted in health-care QI.

Defined variables for teamwork, respect for people, lean actions and negative motivating factors all demonstrated significant effects. These findings support the representation of the microsystem layer within the MUSIQ model. The final model predicted and explained perceived success well (adjusted R² = 0.58).

The sample was a non-probability sample and the sample size was small (n = 105), although power analysis indicated that we exceeded the minimum sample size (97 cases). Even though health-care processes have universality, this study was conducted in only one district in New Zealand.

The results support highly functional teamwork as the critical contextual factor in health-care QI outcomes and suggest lean-driven process improvement can be a valid mediating mechanism. The key recommendation for practitioners is to increase focus on human resource capability when initiating and supporting QI.

The originality is testing the robustness of the MUSIQ model specifically in a lean environment, which provides the context for QI. The paper provides a more detailed specification of contextual factors acting as exogenous variables that moderate the cause (lean actions) and the effect (perceived success).

Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Tenn. 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.