The NFC buy-out—A new form of industrial enterprise

When the Conservative Government's plans for floating the National Freight Company, Britain's biggest road freight business, on the Stock Exchange were delayed by economic factors, senior management in the business put together a scheme to buy NFC. In what became Britain's largest employee buy-out, with over 10,000 employees and pensioners putting up £6·187m of the purchase price, a new form of industrial enterprise was created. In this article Sir Peter Thompson, leader of the buy-out team and now Chairman of the National Freight Consortium plc, describes the background to the buy-out, the complex financial, legal and communications activities involved, and the way in which employee-involvement has become an integral part of the operation of what has proved to be a commercially successful business providing exceptional returns on investment.     

Information Needs Concerning a Planned Waste Incineration Facility

Waste management has become a major environmental issue in Germany. The siting of waste incineration especially arouses strong local opposition. The study presented here is related to such a case (i.e., a planned waste incineration facility in a small West German village). The study is based on a telephone survey aimed at the information needs of the residents. Two topics are stressed: (1) the thematic relevance of the siting project as seen by the public; and (2) the residents'information needs. The results show that a majority of residents are concerned about the planned facility, and the most important topics of their information needs refer to the risks and the safety systems of the planned facility, as well as information about waste management alternatives. Furthermore, the information needs depend on the personal relevance of the issue and the perceived knowledge deficit about it. Conclusions are drawn with regard to the design of a risk communication program. Here, four groups of residents are distinguished in terms of knowledge and motivation and, thus, need to be approached in different ways.     

Lagrance-multiplier tersts for weak exogeneity: a synthesis

This paper unifies two seemingly separate approaches to test weak exogeneity in dynamic regression models with Lagrange-mulptiplier statistics. The first class of tests focuses on the orthogonality between innovations and conditioning variables, and thus is related to the Durbin-Wu-Hausman specification test. The second approach has been developed more recently in the context of context of cointegration and error correction models, ad concentrates on the question whether the conditioning variables display error correction behaviour. It is shown that the vital difference between the two approaches stems from the choice of the parmeters of interest. A new test is derived, which encompasses both its predecessors. The test is applied to an error correction model of the demand for money in Switzerland.     

The Impact of Church Activities and Socialization on African‐American Religious Commitment*

Objective. This article examines religious commitment (church involvement, private devotionalism, and religious salience) among African Americans as a function of being served by a religious congregation, perception of the historical role of the church in relation to the group, and religious and racial socialization. Methods. Drawing on traditional Christian expectations of the church, hypotheses are tested using the 1979–1980 National Survey of Black Americans. Three alternative models are tested that explicitly compare the effects of church activities with conventional socialization and demographic models of religious commitment. Results. The results show that the church's fulfillment of its normative roles of discipleship and ministry is profoundly important for understanding religiosity, even controlling for other conventional predictors. Conclusions. The analysis illustrates a central, and previously unaddressed, link between religious institutions and individual religiosity. The results have consequences for churches that might consider reprioritizing their activities in response to faith‐based initiatives because social‐service types of church activities influence religious commitment to a lesser degree than activities that emphasize spiritual growth.     

The Social Fabric and Innovation Diffusion: Symbolic Adoption of Food Irradiation*

Abstract This study used a longitudinal, panel design to examine the effects of negative information acquisition, compliance with opinion leader endorsements, and social demographic characteristics on consumers' symbolic adoption of food irradiation. Data collection coincided with the first market test of irradiated food conducted by a commercial firm, which took place in Minneapolis, Minnesota, in 2000. Approximately half the subjects (N = 116) received a packet containing information from proponents and opponents of food irradiation. The remaining subjects (N = 107) were provided with no information about the technology. The results indicated that, initially, negative information acquisition, even when accompanied by positive endorsements from opinion leaders, decreased symbolic adoption. Over time, however, this negative effect was mitigated by compliance with endorsements from opinion leaders. The results suggest that confidence in social institutions might be a determinant as well as an outcome of adoption decisions. Implications are suggested for risk communication strategies regarding controversial agricultural technologies.     

Dual-careerism and the conjoint-career couple

This article introduces and defines the concept of conjoint-career couples, marital partners that work in the same field or profession. Drawing on the narratives of three couples with structurally varied experiences (older man/younger woman, older woman/younger man, peers), we describe and analyze some of the problems and issues confronting a growing number of academics in the current labor pool. We conclude by discussing some of the overarching patterns common to this situation and the advantages and disadvantages associated with it. Finally, we propose a variety of social policies which academic institutions may want to consider to help meet the challenge of these changing market demographics. Currently she is writing and teaching in the areas of deviance, social theory, and the sociology of children. She is the author ofWheeling and Dealing (Columbia University Press, 1985) and coeditor (with Peter Adler) ofThe Social Dynamics of Financial Markets (JAI Press, 1984). He is the author ofMomentum (Sage, 1981),Membership Roles in Field Research (co-authored with Patricia A. Adler, Sage, 1987), and the editor, along with Patricia A. Adler, ofJournal of Contemporary Ethnography andSociological Studies of Child Development. Her special interests are divorce and remarriage and she is the author (with R.H. Rodgers) ofDivorced Families (W.W. Norton, 1987). His areas of interest are family dynamics with a focus on myth and ritual formation in families. His interests are in social control and political economy. He is the author ofCastles of Our Conscience: Social Control and the American State, 1800–1985, Polity Press, forthcoming. She is the author of books and articles on deviance and social control, qualitative methods, and gender, includingGender Issues in Field Research (Sage, 1988),Madwives: Schizophrenic Women in the 1950s (Rutgers University Press, 1987),The Court of Last Resort: Mental Illness and the Law (University of Chicago Press, 1982).     

Persistent militants and quiescent comrades: intra-industry strike activity on the docks, 1947-89⊃

Although dockers have figured prominently as a critical case in many standard theories of industrial conflict, they have often behaved in ways which these theories cannot grasp. This is perhaps most clearly evident when strike action at the port rather than the industry level is the subject of attention. Most notably, industry level theories cannot explain the persistent militancy of dockers employed in the major ports and the relative quiescence of their comrades employed at the smaller ports. To be sure, industry level variables can be used to understand the general character of workplace relations and the processes involved in strike action, but to fully explain the actual incidence and intensity of strike action over both time and place also requires analysis of the particular patterns of labour regulation at different ports and the consequent patterns of conflict and accommodation at the workplace level.     

APPROPRIABLE RENTS FROM YELLOWSTONE PARK: A CASE OF INCOMPLETE CONTRACTING

The history of Yellowstone Park is best understood in the context of the theory of the firm as developed by Armen Alchian. In the late nineteenth century, the Northern Pacific Railroad recognized the potential amenity rents from Yellowstone and captured them by vertically integrating its monopoly on transportation to the region with the supply of tourist facilities in the park. This gave the railroad de facto ownership of the park that lasted until automobiles were allowed to enter in 1915. Thereafter the tragedy of the commons ensued and rents were dissipated instead of maximized.     

Poverty and Disabled People: challenging dominant debates and policies

This article explores the relationship between poverty, disability and impairment in a global context. It challenges dominant critiques of poverty and disability, and explores the critiques, policy proposals and developments of the disabled people's movement to combat poverty. It offers an international perspective including the experience of both the North and South.     

THE DYNAMICS OF A STABLE CARTEL: THE RAILROAD EXPRESS 1851–1913

The railroad express was probably the most successful cartel in U.S. business history. The key to its stability lay in the fact that collusion was largely an effort to create a cost-reducing distribution network. Because cost was dependent on collusion, the five cartel members could both underprice entrants and punish defectors. It is shown that in a Bertrand-type price war, colluding firms could effectively drive a defector into bankruptcy. As a result, the express controlled its market and remained a stable organization for more than half a century.