New perspectives on the governance of executive compensation: an examination of the role and effect of compensation consultants

We develop a multi-theoretic approach, drawing on economic, institutional, managerial power and social comparison literatures to explain the role of the external compensation consultant in the top management pay setting institutional field. Taking advantage of recent disclosure requirements in the UK, we collect data on compensation consultant use in 232 large companies. We show that consultants are a prevalent part of the CEO pay setting scene, and document evidence of all advisor use. Our econometric results show that consultant use is associated with firm size and the equity pay mix. We also show that CEO pay is positively associated with peer firms that share consultants, with higher board and consultant interlocks, and some evidence that where firms supply other business services to the firm, CEO pay is greater.     

Being Yoruba in nineteenth-century Rio de Janeiro

Through the experiences of two West Africans shipped to Bahia as slaves, probably in the 1840s, then sold south to Rio de Janeiro where they met, became lovers, bought their freedom, married, and divorced, I comment on an ongoing debate over the refashioning or transfer of African ethnic identities in American slave societies. The sources in this Brazilian case suggest that previous identities were not suddenly erased, but rather, new layers of understanding and ways of responding were added. Whatever the dynamic of cultural formation, it was memory that crucially bridged the distance between the past they carried with them and the present into which they were thrust; and so it becomes illuminating to reconstruct the plausibly remembered African pasts on which this couple drew to make sense of an unfamiliar Brazilian present.     

Women's Occupational Trends in the Irish Economy: Moving towards High‐skilled Occupations or Evidence of Deskilling?

In recent years the increased participation of women in the Irish labour market and in tertiary education would appear to have placed them in an advantageous position to make use of the expanded opportunities in knowledge‐based occupations. Using occupational data from the 1996 and 2006 census this article examines the experience of women in high‐ and low‐skilled occupations. The data indicate that women are over‐represented in high‐skilled occupations relative to their overall participation rate in the labour force but there is also an increase in the proportion of women in low‐skilled occupations. The employment of women in high‐skilled occupations is substantially weaker in the private sector than the public sector. Public sector employment, we argue, is a crucial factor in the increased participation of women in high‐skilled occupations.     

Application of commercial software to the classification of suicide cases: a brief report

Mosaic Profiler software was used to classify suicide and open verdict cases during 1996 to 1998 in England and within England, for the London and the North West regions. The classification system was based on the socioeconomic characteristics of the last place of residence of the cases at the level of postcode. The results highlighted that deprived areas and areas that contain elderly population or those areas that suffer from lack of social cohesion are overrepresented, whereas affluent areas are underrepresented. All of these, although in the larger scale, seem to support the results of other studies. Nevertheless, more studies would be required before one can fully evaluate the application of the Mosaic Profiler in the field of spatial epidemiology.     

Job tenure as a moderator of stressor–strain relations: A comparison of experienced and new-start teachers

Abstract

Few studies have investigated the extent to which the effects of work stressors on strain change over the duration of employees’ job incumbencies. Drawing on Karasek's (1979) job demands-control-support model, the current study examined the moderating influence of job tenure (experienced versus novice worker status) on stressor-strain relations. Using a sample of 422 experienced and 248 beginning schoolteachers in Australia, job factors and job strain were assessed on two occasions, 8 months apart. Analyses revealed that the three job factors were each correlated with strain as predicted, although the (elusive) demands×control interaction effect was evidenced amongst “new-start” teachers only. The findings provide mixed support for Karasek's model, and draw attention to the need to consider the role of job tenure and career stage in studies of work stress, as work stressor-strain effects may be routinely underestimated in research that ignores these factors.     

Land use conflict after the wildlife and countryside act 1981: the role of the farming and wildlife advisory group

As the conflict between agriculture and conservation in Britain continues, the farming and landowning lobby has placed increasing emphasis on the Farming and Wildlife Advisory Group (FWAG). This paper examines the development of FWAG as a mechanism for self-regulation through a voluntary and co-operative approach to conservation within the farming community. FWAG, until recently accorded little attention either by farmers or government, now enjoys considerable patronage, and new-found financial support from the Countryside Commission. As the National Farmers' Union (NFU) and Country Landowners' Association (CLA) seek to contain the tide of criticism of activities in the countryside FWAG, essentially a practical advisory body, has assumed a crucial ideological importance in the presentation of the farmers' traditional case of ‘stewardship’ and ‘good husbandry’. The paper concludes by stressing the dilemma facing the NFU and CLA as they seek to satisfy the wishes of their own members, government and the conservation lobby.     

CONSUMPTION, WEALTH, AND FINITE HORIZONS: TESTS OF RICARDIAN EQUIVALENCE

We find strongly non-Ricardian results when we re-estimate Evans's [1988] model using a better approximation of the market value of wealth. We also examine the long-run properties of the data and find results consistent with our regression evidence when we allow for declining labor income as modeled by Gali (1990]. Our findings in support of non-Ricardian behavior by consumers stand in sharp contrast to those of both Evans and Gali.     

协商民主制度化: 民主创新与协商体系

协商民主如何实现制度化,尤其是如何通过民主创新直接吸收公民参与政治过程,这一问题受到了学界的广泛关注。认识、理解和分析协商民主制度化能够为当前有关协商民主体系的争论提供一个重要的、批判性的视角。以往任何一种制度都无法包容所有价值,协商民主的价值有时会相互冲突,权衡和妥协在制度设计中是必要的,只有实现各制度之间的配合才能最大限度地调和这些价值。因此,探讨如何使协商民主能更有效地嵌入整个政治系统,并与其他制度形成配合,是当前研究工作所面临的重要挑战,而其中最关键、最具实践意义的便是对制度化策略的研究。