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Article
Publication date: 1 August 1962

WEST BERLIN has a population of 2.2 million and its public libraries in 1961 recorded a circulation of 6.3 million books. For an Englishman, who knows about library statistics of…

Abstract

WEST BERLIN has a population of 2.2 million and its public libraries in 1961 recorded a circulation of 6.3 million books. For an Englishman, who knows about library statistics of big cities in his own country, it must be difficult to understand why public opinion in Germany would consider a per capita circulation of not even three books something like a miracle. Of course this is no miracle, but the German observer might be led to think so because statistics of German public libraries show that—in relation to the population—figures are much smaller than those reported by public libraries in Britain.

Details

New Library World, vol. 64 no. 2
Type: Research Article
ISSN: 0307-4803

Article
Publication date: 3 February 2012

Rémi Jardat

The purpose of this paper is to evaluate to what extent Denise Rousseau's psychological contracts in organizations and Jean‐Jacques Rousseau's social contract present superficial…

Abstract

Purpose

The purpose of this paper is to evaluate to what extent Denise Rousseau's psychological contracts in organizations and Jean‐Jacques Rousseau's social contract present superficial or profound similarities. Having localized more precisely the lines of gaps between both works, “transgressive” research directions are proposed to enrich each of both thoughts of contracts.

Design/methodology/approach

This work consists in an analysis in the sense of Descartes, dividing conceptual difficulties into smaller and smaller parts. More precisely, that analysis is a semiotic one, as defined by linguist Hjelmslev, considering each step of the analysis a “level” and assessing the depth of similarities between two works: On the Social Contract and Psychological Contracts in Organizations. The parallel study of both works consists in analyzing the “grammar of use” of concepts at each level, establishing semantic comparative tables. This digging into parallel strata of sense is metaphorically considered as the tectonic study of two continents of thought.

Findings

It is established that common ideas and concepts are similar up to the depth of level three but radically differ at level four. At level one, nine main common ideas and concepts are raised. Analysis at level two allows considering those superficial similarities as nine more profound homologies in the sense of Greimas and Courtes. At level three, two different groups of homologies are established, binding, on the one hand, an isomorphism between spheres of contracting and, on the other hand, an isomorphism between substances of contract. At level four a deep tectonic fault is unveiled between Jean‐Jacques' and Denise's thought of contract: the sovereignty/exchange gap. This fault corresponds to two universal different syntaxes of subjects and objects defined by Greimas: the participative communication vs closed circulation of the objects of value.

Research limitations/implications

This analysis is based on a corpus of two major works. However, every grammar of use relies on the study of a finite corpus.

Social implications

The liberal assimilation of every social contract to exchange dynamics is radically denied by such work. The challenge of raising “sovereignty‐like” dimension in psychological contracts is all the more so critical since those contracts are pervasive in organizational and social life.

Originality/value

This paper proposes rigorous criteria for every trans‐cultural and trans‐disciplinary use of concepts in an original manner. A comparative “geology of thought” is made possible through semiotic instruments.

Article
Publication date: 10 February 2023

Tahir Akhtar

This study compares the motives of holding cash between developed (Australian) and developing (Malaysian) financial markets.

Abstract

Purpose

This study compares the motives of holding cash between developed (Australian) and developing (Malaysian) financial markets.

Design/methodology/approach

For the period 2006–2020, the t-test, fixed-effect and generalised method of moment (GMM) model have been applied to a sample of 1878 (1,165 Australian and 713 Malaysian) firms.

Findings

The empirical results reveal that firms in developed financial markets hold higher cash compared to the developing financial markets. The findings confirm that motives to hold cash differ between developed and developing financial markets. The GMM findings further show that cash holdings (CH) in Australia are higher due to higher ratios of cash flow, research and development (R&D) and return on assets (ROA), and lower due to larger dividend payments. In the Malaysian market, however, cash flows and R&D are ineffectual, ROA falls and dividend payments rise CH.

Practical implications

The study helps managers, practitioners and investors understand that firms' distinct economic, institutional, accounting and financial environments are important. To attain the desired outcomes, they must thus comprehend and consider these considerations while developing suitable liquidity strategies.

Originality/value

To the authors' best knowledge, this is the initial research demonstrating how varied cash motives and their ramifications are in developed and developing financial markets. Therefore, this study identifies the importance that CH motives varied among financial markets and that findings from a particular market cannot be generalised to other markets because of the market and financial structural variations.

Details

Kybernetes, vol. 53 no. 5
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 1 April 2004

Georgios I. Zekos

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way…

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Abstract

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way of using the law in specific circumstances, and shows the variations therein. Sums up that arbitration is much the better way to gok as it avoids delays and expenses, plus the vexation/frustration of normal litigation. Concludes that the US and Greek constitutions and common law tradition in England appear to allow involved parties to choose their own judge, who can thus be an arbitrator. Discusses e‐commerce and speculates on this for the future.

Details

Managerial Law, vol. 46 no. 2/3
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 1 July 1977

John S. Evans

A striking feature of Jaques' work is his “no nonsense” attitude to the “manager‐subordinate” relationship. His blunt account of the origins of this relationship seems at first…

1259

Abstract

A striking feature of Jaques' work is his “no nonsense” attitude to the “manager‐subordinate” relationship. His blunt account of the origins of this relationship seems at first sight to place him in the legalistic “principles of management” camp rather than in the ranks of the subtler “people centred” schools. We shall see before long how misleading such first impressions can be, for Jaques is not making simplistic assumptions about the human psyche. But he certainly sees no point in agonising over the mechanism of association which brings organisations and work‐groups into being when the facts of life are perfectly straightforward and there is no need to be squeamish about them.

Details

Management Decision, vol. 15 no. 7/8
Type: Research Article
ISSN: 0025-1747

Article
Publication date: 21 December 2021

Jisaba Jinkrawee, Ravi Lonkani and Suchanphin Suwanaphan

This study examines the effects of comparable companies, within the same industry, on cash-holding (CH) levels of a specific firm in the Stock Exchange of Thailand (SET). Peer…

Abstract

Purpose

This study examines the effects of comparable companies, within the same industry, on cash-holding (CH) levels of a specific firm in the Stock Exchange of Thailand (SET). Peer effects are hypothesized to affect a firm's average CH levels.

Design/methodology/approach

The authors use data of listed firms in the Thai stock markets from 1995 to 2018. The sample consists of 5,277 firm-year observations. The authors perform robustness tests by incorporating gross domestic product, economy and competitiveness.

Findings

Peer firms' CH levels correspond positively to the specific firm's CH. This strengthens further for firms with high cash flow volatility during periods of high competition. Unfavorable economic periods also motivate the association between a firm's CH and peer firms' CH.

Practical implications

A policy on CH should account for cash held by peer firms. Firms can justify their CH policy as compatible with peers' cash flows, especially during periods of competitiveness and an unfavorable economy.

Originality/value

The authors provide novel evidence on how emerging markets' CH levels differ from those in developed markets and propose adjusted explanations for the rivalry- and information-based theories. The findings add substantial knowledge to corporate finance by arguing that CH policies are based on peer firms' strategic moves.

Details

International Journal of Emerging Markets, vol. 18 no. 10
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 1 June 2000

George K. Chako

Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or countries in…

7365

Abstract

Briefly reviews previous literature by the author before presenting an original 12 step system integration protocol designed to ensure the success of companies or countries in their efforts to develop and market new products. Looks at the issues from different strategic levels such as corporate, international, military and economic. Presents 31 case studies, including the success of Japan in microchips to the failure of Xerox to sell its invention of the Alto personal computer 3 years before Apple: from the success in DNA and Superconductor research to the success of Sunbeam in inventing and marketing food processors: and from the daring invention and production of atomic energy for survival to the successes of sewing machine inventor Howe in co‐operating on patents to compete in markets. Includes 306 questions and answers in order to qualify concepts introduced.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 12 no. 2/3
Type: Research Article
ISSN: 1355-5855

Keywords

Book part
Publication date: 29 August 2018

Paul A. Pautler

The Bureau of Economics in the Federal Trade Commission has a three-part role in the Agency and the strength of its functions changed over time depending on the preferences and…

Abstract

The Bureau of Economics in the Federal Trade Commission has a three-part role in the Agency and the strength of its functions changed over time depending on the preferences and ideology of the FTC’s leaders, developments in the field of economics, and the tenor of the times. The over-riding current role is to provide well considered, unbiased economic advice regarding antitrust and consumer protection law enforcement cases to the legal staff and the Commission. The second role, which long ago was primary, is to provide reports on investigations of various industries to the public and public officials. This role was more recently called research or “policy R&D”. A third role is to advocate for competition and markets both domestically and internationally. As a practical matter, the provision of economic advice to the FTC and to the legal staff has required that the economists wear “two hats,” helping the legal staff investigate cases and provide evidence to support law enforcement cases while also providing advice to the legal bureaus and to the Commission on which cases to pursue (thus providing “a second set of eyes” to evaluate cases). There is sometimes a tension in those functions because building a case is not the same as evaluating a case. Economists and the Bureau of Economics have provided such services to the FTC for over 100 years proving that a sub-organization can survive while playing roles that sometimes conflict. Such a life is not, however, always easy or fun.

Details

Healthcare Antitrust, Settlements, and the Federal Trade Commission
Type: Book
ISBN: 978-1-78756-599-9

Keywords

Article
Publication date: 1 June 2002

George K. Chacko

Develops an original 12‐step management of technology protocol and applies it to 51 applications which range from Du Pont’s failure in Nylon to the Single Online Trade Exchange…

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Abstract

Develops an original 12‐step management of technology protocol and applies it to 51 applications which range from Du Pont’s failure in Nylon to the Single Online Trade Exchange for Auto Parts procurement by GM, Ford, Daimler‐Chrysler and Renault‐Nissan. Provides many case studies with regards to the adoption of technology and describes seven chief technology officer characteristics. Discusses common errors when companies invest in technology and considers the probabilities of success. Provides 175 questions and answers to reinforce the concepts introduced. States that this substantial journal is aimed primarily at the present and potential chief technology officer to assist their survival and success in national and international markets.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 14 no. 2/3
Type: Research Article
ISSN: 1355-5855

Keywords

Article
Publication date: 1 January 1978

The Equal Pay Act 1970 (which came into operation on 29 December 1975) provides for an “equality clause” to be written into all contracts of employment. S.1(2) (a) of the 1970 Act…

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Abstract

The Equal Pay Act 1970 (which came into operation on 29 December 1975) provides for an “equality clause” to be written into all contracts of employment. S.1(2) (a) of the 1970 Act (which has been amended by the Sex Discrimination Act 1975) provides:

Details

Managerial Law, vol. 21 no. 1
Type: Research Article
ISSN: 0309-0558

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