Institutional Deterioration in Transition Economies: Playing Follow-the-Leader During the Global Financial Crisis?

Economic transition was a systemic change of institutions from those that facilitated a planned, communist economy to those suitable for a market economy. This paper examines the state of this political and economic institutional development in 28 transition economies, focusing on the global financial crisis years of 2007–2012. According to various metrics of institutions, institutional regression has indeed occurred but has been somewhat localized in the countries of the CIS. However, property rights have regressed in some countries in Central/Southern Europe, while financial sector institutions have uniformly degraded across the entire transition space.     

Flood Protection Diversification to Reduce Probabilities of Extreme Losses

Recent catastrophic losses because of floods require developing resilient approaches to flood risk protection. This article assesses how diversification of a system of coastal protections might decrease the probabilities of extreme flood losses. The study compares the performance of portfolios each consisting of four types of flood protection assets in a large region of dike rings. A parametric analysis suggests conditions in which diversifications of the types of included flood protection assets decrease extreme flood losses. Increased return periods of extreme losses are associated with portfolios where the asset types have low correlations of economic risk. The effort highlights the importance of understanding correlations across asset types in planning for large‐scale flood protection. It allows explicit integration of climate change scenarios in developing flood mitigation strategy.     

Integrity's place among the character strengths of middle-level managers and top-level executives

One purpose of this study was to extend integrity research in organizations into the ranks of middle management. We therefore examined whether middle-level managers' behavioral manifestations of integrity related to ratings of their performance. Results of hierarchical regression analysis indicated that direct report ratings of a middle-level manager's integrity were positively related to boss ratings of that manager's performance. A second purpose of this study was to understand differences in integrity's relative importance to performance among other character strengths, and as a function of context (e.g., managerial level). We extend research in this area by showing, through relative weight analysis, that integrity was relatively less important to middle-level managers' current performance compared to other character strengths (e.g., social intelligence). In contrast, integrity was relatively more important for the performance of top-level executives — roles middle-level managers may hold in the future. Implications of these results for future research and practice as well as the current study's limitations are discussed.     

Typology and dimensionality of litigation public relations strategies: The Hewlett-Packard board pretexting scandal case

This study examined the content of litigation public relations (LPR) strategies Hewlett-Packard used in its recent board pretexting scandal by analyzing the press releases and newspaper coverage. Seven types of LPR strategies were identified and mapped using multidimensional scaling (MDS) along two continuums representing Defense–Accommodation and Ambiguity–Specification message attributes. Threat type was found to influence the choice of LPR strategies, which in return, impacted on how the publics attributed the organizational responsibility in the crisis. The use of emotional message played an important role in the two new LPR strategies, Information Supply and Strategic Avoidance.     

Electoral Support for Community Growth Management Policy*

Objectives. This study seeks to explain the variation in voter support for growth management policy. Interest group theory of local politics and property rights is used as a theoretical framework to explore how competing pro‐growth and anti‐growth interests influence the level of electoral support at the ballot box. Methods. Survey data collected from local planning officials in Massachusetts are analyzed using a two‐stage Heckman selection model. Results. The results indicate that development competition has a negative effect and controversy over development a positive effect on the probability of a community placing growth management policy on the local ballot. The analysis further indicates that environmental interests and suburban communities have a positive influence on the percentage of votes cast in favor of conservation‐oriented growth management policy. Neighborhood‐based interests, on the other hand, have a negative influence on voter support. Conclusions. The findings suggest that compared to the normal legislative process, ballot‐box voting allows anti‐growth and localized interests the opportunity to craft proposals and then mobilize support for policy changes.