Bribes,power, and managerial control in corporate voting games

Proxy fights have received comparatively little attention relative to the more popular methods for corporate control transfer: merger and tender offers. This paper presents an analytic model of the proxy contest as a cooperative game with four players: management, passive shareholders, insurgent shareholders and a trust fund. The power of the players and the effectiveness of certain managerial actions is discussed.     

Patterns of Strategic Change in Health Care: District Health Authorities Respond to AIDS*

The literature on strategic change is based mostly on research in the private sector. This paper suggests that change in public sector organizations is equally worthy of study and can offer novel insights. Findings from research into the development of services for HIV/AIDS in NHS health districts are used to illustrate six generic themes in strategic change processes. The first theme concerns the role of context in potentiating change, and in promoting a diverse response in different localities despite unifying government guidelines. A second theme introduces the initiators of change, the ‘product champions’, a less homogeneous group than is sometimes suggested. Although personal status, energy and pro-activity were shared characteristics, individuals differed in style and methods used to attain goals. Theme three highlights social movements as mediators of change. Consumerism has affected both private and public sector industry, but for HIV/AIDS the process has been particularly visible. The mobilising role of crisis comes next. A three phase model is suggested, linking ‘crisis-as-threat’ and ‘crisis-as-opportunity’ theories. A fifth theme concerns changes in organizational culture provoked by HIV/AIDS, and the role played by symbolism - often unpredictable and not easily manipulated by management. The last theme is organizational learning; how learning about HIV/AIDS diffused through the districts, and how well learning generalizes to other issues. In conclusion, it is argued that the study of processes of change in a public sector organization can contribute to general models of strategic change and help to develop organizational theory.     

Explaining risky choices without assuming preferences

Economic theories of choice under uncertainty assume that agents act as if they have preferences which govern their choices between risky options. Theories differ as to the exact specification of the preference structure, but it is common to assume that preferences are complete and satisfy certain consistency requirements such as transitivity and monotonicity. In this paper, it is argued that there may be reason to doubt whether individuals act as if they have complete and consistent preferences over risky actions. Instead it is suggested that individuals should be thought of as actively constructing preferences through a process which I call rationalisation. It is then argued that rationalisation provides a basis for understanding certain experimentally observed anomalies which appear quite at odds with conventional theory.     

Plasma level of catecholamines and lipids when speaking before an audience

Abstract

The movement of some women into self employment is considered in this paper. It is argued that if this movement is to be successful, and thus have any influence on the equality of employment opportunities, then it is necessary for the business ventures involved to be run strategically rather than operationally. It is also argued that there must be greater scope and encouragement for innovation in this area, otherwise there is a danger of mirroring, in new business formation, the structure of inequality that applies to the formal, and declining, structure of current employment. Finally, the paper examines the need for women's entrepreneurial ventures to be better accepted by and integrated into the wider social fabric. The potential sources of stress and of satisfaction in women's self employment are noted.     

Are Conventional Farmers Conventional? Analysis of the Environmental Orientations of Conventional New Zealand Farmers*

Abstract Within the political economy of agriculture and agrofood literatures there are examples of approaches that reject simple dichotomies between alternatives and the mainstream. In line with such approaches, we challenge the assumption that alternative agriculture, and its attendant improved environmental practices, alternative management styles, less intensive approaches, and better approaches to animal and ecosystem welfare, is the only source of agricultural sustainability. This article uses national farm‐survey results for New Zealand's sheep and beef, dairy, and horticulture sectors to examine conventional farmers, measure their assessments of farming practices, and assess their environmental orientation. Analysis identifies a proenvironmental cluster of farmers in each sector characterized by a higher environmental‐orientation score and distinct ratings of other farm practices queried in the survey. We interpret the results in terms of the exposure of different agricultural sectors to the effects of market‐based, audited, best‐practice schemes. The presence of shades of “greenness” among conventional farmers has important implications for environmental management and for our understanding of the various and complex pathways toward the greening of agrofood systems.     

Marital Status,Gender, and Parents’ Psychological Well‐Being*

This study analyzes the associations between marital status, gender, and depressive symptoms among parents. The regression results indicate that married parents report fewer traditional depressive symptoms and lower rates of alcohol abuse than do single parents. Mothers and fathers also appear to be more likely to exhibit different depressive symptoms: Mothers are more likely than fathers to report traditional depressive symptoms and fathers are more likely to report the abuse of alcohol. Finally, we find evidence that indicators of parenting burdens such as economic strain, household labor, childcare, social support, and religious involvement mediate and moderate these relationships.     

Flexible Threshold Models for Modelling Interest Rate Volatility

This paper focuses on interest rate models with regime switching and extends previous nonlinear threshold models by relaxing the assumption of a fixed number of regimes. Instead we suggest automatic model determination through Bayesian inference via the reversible jump Markov Chain Monte Carlo (MCMC) algorithm. Moreover, we allow the thresholds in the volatility to be driven not only by the interest rate but also by other economic factors. We illustrate our methodology by applying it to interest rates and other economic factors of the American economy.     

Cultures of embodied experience: technology, religion and body pedagogics

Two trends have dominated recent sociological analyses of embodiment. There has, on the one hand, been a proliferation of analyses identifying bodies as the experiential vehicles through which we exist and interact in the world. On the other hand, this has been accompanied by a large growth in studies suggesting that technological advances have both increased our exposure to instrumental rationality and radically weakened the boundaries between humans and machines. Considered together, these trends raise an important question which has, however, been marginalised in the literature: if bodies are increasingly shaped and even constituted by the performative demands and invasive capacities of technology, what implications does this have for our lived experience of ourselves and our social and natural environment? In addressing this issue, our paper revisits Heidegger's discussion of the technological ‘enframing’ of humans and asks two questions. First, what have we lost experientially by being positioned as a ‘standing reserve’ for technologically driven demands for efficiency in contemporary society? Second, can the analysis of religious attempts to reframe human experience provide us with a perspective from outside this technological culture that enables us to appreciate the embodied experiences, dispositions and potentialities of humans in fresh ways? Our approach to these issues proceeds via a comparative study of the ‘body pedagogics’ of modern technological culture and two, very different, religious cultures.