Task-related and Partner-related Selection Criteria in UK International Joint Ventures

This paper identifies partner selection criteria in a sample of UK international joint ventures with Western European, US and Japanese partners. Rankings of selection criteria are derived for the sample using a typology that distinguishes between task-related and partner-related selection criteria. The most important task-related criteria are found to be access to knowledge of local market, access to distribution channels, access to links with major buyers and access to knowledge of local culture. The most important partner-related selection criteria are trust between the top management teams, relatedness of partner's business and reputation. A parsimonious set of selection criteria for the sample is provided by means of factor analysis. Hypotheses are tested on the relationship between the relative importance of selection criteria and a number of characteristics of the sample—partner nationality, industry of the joint ventures, joint-venture purpose, geographical location of the venture, initial approach for joint-venture formation and relative partner size. The greatest variation in the relative importance of selection criteria occurs with the geographic location of the joint venture.     

The Impact of Imperfect Processes on Production Run Times

This paper investigates the interaction between the economics of production and imperfections in the production process. Specifically, this paper is the first to devise a model in an attempt to provide managers with guidelines to choose the appropriate production run times to buffer against both the production of defective items and stoppages occurring due to machine breakdowns. In addition to providing several structural properties of the model, we show that a manager will always incur a cost penalty when (s)he uses the results of two oft‐cited models‐the EMQ (Economic Order/Manufacturing Quantity) and the NR‐E (No‐Resumption, Exponential machine breakdown)‐to determine production run times.     

Normality testing: two new tests using L-moments

Establishing that there is no compelling evidence that some population is not normally distributed is fundamental to many statistical inferences, and numerous approaches to testing the null hypothesis of normality have been proposed. Fundamentally, the power of a test depends on which specific deviation from normality may be presented in a distribution. Knowledge of the potential nature of deviation from normality should reasonably guide the researcher's selection of testing for non-normality. In most settings, little is known aside from the data available for analysis, so that selection of a test based on general applicability is typically necessary. This research proposes and reports the power of two new tests of normality. One of the new tests is a version of the R-test that uses the L-moments, respectively, L-skewness and L-kurtosis and the other test is based on normalizing transformations of L-skewness and L-kurtosis. Both tests have high power relative to alternatives. The test based on normalized transformations, in particular, shows consistently high power and outperforms other normality tests against a variety of distributions.     

Longitudinal Relations of Economic Hardship and Effortful Control to Active Coping in Latino Youth

How Latino youth cope with stressors may have implications for their adjustment. We examined how a temperamental characteristic (effortful control) and a contextual factor (economic hardship) were associated with Latino youth's coping. Individual differences in effortful control, a core facet of self‐regulation, may contribute to coping as effortful control is consistently linked to adaptive behaviors during adolescence. We examined relations of effortful control and economic hardship to active coping in a sample of Mexican‐origin youth (N = 674) across three time points (fifth to ninth grades). Although economic hardship negatively predicted coping and effortful control, effortful control positively predicted coping (controlling for prior levels). Findings support a resilience perspective by suggesting that effortful control may contribute to coping and thus counteract the negative effects of economic hardship.     

Snake communities on the urban fringe in the Sonoran Desert: influences on species richness and abundance

Sonoran Desert habitat in southern Arizona is increasingly altered by urban development near metropolitan areas. Understanding how reptiles respond in these impacted habitats is critical to conservation efforts to retain intact biotic communities, especially those with a high diversity of reptile species. We surveyed snakes at one impacted site on the northern edge of the Phoenix metropolitan area in desert/urban interface, and at another site in a desert/rural interface near Florence, Arizona. The site near Phoenix was lower in species richness (15 spp.), and evenness: two snake species accounted for 75 % of all snakes encountered (total = 420). The site near Florence was higher in species richness (19 spp.), and a more even community: no species accounted for more than 20 % of snakes encountered (total = 594). Sampling methodology had a strong influence on species richness and abundance of snakes at the respective sites: road riding, coverboards, and traps each provided evidence of unique species missed by other methods. These results were compared with inventories at three other sites in the central Sonoran Desert of Arizona, and are consistent with the view that the impacted site near Phoenix is uneven, potentially as a result of a single species reacting to shifts in prey availability.     

Shared housing among young adults: avoiding complications in domestic relationships

One pathway by which young adults in the Western world are navigating housing difficulties is to pragmatically share costs by living or flatting with peers. The current study sought to add to the limited literature on this lifestyle through the application of discursive psychology to understanding the social dynamics of relationships in the intimacy of these households. Data was drawn from interviews with experienced New Zealand house sharers aged 20–35. Analysis is presented of two spontaneous discourses, which emerged, both dealing with competing tensions on the merits of living with couples or single people and friends or strangers. Whereas couples are not averse to sharing with other couples, single people tend to elect to share with unattached individuals. Favouring friends as housemates was the norm among town dwellers, while city folk were more open to flatting with strangers. Talk was driven by the unquestioned value associated with having a working living arrangement, demonstrating the acute awareness young adults have of potential problems that can destabilise or sustain domestic harmony. Valuable insight is provided into the complexity of shared housing relationships as well as contemporary young adulthood.     

Social media and political discussion: when online presence silences offline conversation

ABSTRACT

This paper explores the relationship between the use of social media, attitudinal strength, perceived opinion agreement with social ties, and willingness to discuss a political issue in different online and offline contexts. Unlike the anonymous environment of some Internet forums, social media are closely tied to the relationships and activities of everyday life. Social media increasingly make ties from offline contexts persistent online, and, because of the ambient nature of these technologies, awareness of the opinions, interests, and activities of social ties has become pervasive. As such, the use of social media is likely to affect everyday conversation about political issues in on- and offline contexts, including the home, workplace, social gatherings with friends, community meetings, and on social network sites (SNSs). Based on a national probability survey, we find that the use of SNSs (i.e., Facebook and Twitter) has a direct, negative relationship to deliberation in many offline settings. Some uses of these platforms are associated with having a lower, perceived opinion agreement with social ties. As part of a spiral of silence, this further reduces the willingness of social media users to join political conversations in some offline settings. Only those with the strongest attitudes on an issue are immune.     

Equity Ownership in Cross‐border Mergers and Acquisitions by British Firms: An Analysis of Real Options and Transaction Cost Factors

The authors investigate the factors influencing the share of equity ownership sought in cross‐border mergers and acquisitions (CBM&As). Drawing on real options theory and transaction cost economics (TCE), they address and hypothesize key factors linked to commitment under exogenous uncertainty and the separation of desired and non‐desired assets’ influence on share of equity sought by acquiring firms in CBM&As. Empirical analysis based on 1872 CBM&As undertaken by British firms in both developed and emerging economies shows that British MNEs are more likely to pursue a partial acquisition in a target foreign firm when those foreign firms are from culturally distant countries. Further, findings support the view that the high cost of separating desired assets from non‐desired assets motivates firms to make a partial acquisition rather than acquire the target completely. This is one of the first studies to use real options theory to address the cost of commitment under exogenous uncertainty, as well as TCE logic to address the separation of desired and non‐desired assets in the target firm while analysing equity ownership sought in CBM&As. Empirically, this paper contributes by examining CBM&As by British firms in both developed and emerging markets.