The effects of pre-IPO corporate activity on newly-public firms' growth

We investigate firms' pre-IPO corporate activity. We find that firms involved in extraordinary – i.e., beyond momentum – amounts of acquisitions, JVs, and alliances in the year leading up to their IPOs (1) are more likely to engage in post-IPO corporate activity; and (2) enter into their first post-IPO transaction twice as fast as other firms. Our results indicate that signaling via extraordinary corporate activity can have a significant effect on entrepreneurial firms’ growth. The implications are discussed.     

The Women’s Empowerment in Livestock Index

Social Indicators Research - The empowerment of women in the livestock sector is fundamental to achieve gender equality. It also is instrumental for increased household productivity and improved...     

The relationship between burnout and risk-taking in workplace decision-making and decision-making style

This study aimed to investigate what decision-making styles might be exhibited by employees who experience burnout. Using a Work Risk Inventory (WRI), developed for this study, which included generic workplace scenarios, it was also explored whether such employees take relatively more risky decisions. Risk was conceptualised as the adoption of decisions that threaten one’s reputation at work, job performance and job security. The mediating effect of the likelihood and seriousness of the consequences of the worst that could happen in each given scenario on the relationships between dimensions of burnout and risk-taking was also tested. A total of 262 employees in various occupations completed an online survey, including measures on burnout, decision-making styles and the WRI. As predicted, dimensions of burnout – exhaustion, cynicism and professional inefficacy – correlated significantly with avoidant decision-making and negatively with rational decision-making. The seriousness of the consequences of the worst-case scenario occurring mediated the relationship between professional inefficacy and risk-taking. In the context of identifying mechanisms by which burnout leads to risky decision-making, the findings suggest that employees’ sense of professional inefficacy determines their risky decision-making. The contribution to theory and implications for practice are discussed.     

Early identification of handicapped children: a time for social work involvement.

Early identification of handicapping conditions in children greatly enhances the possibility of treatment that may limit malfunctioning. Social work has responsibility and an opportunity to become more active in early identification.     

The problem of multiple causation in population analysis, with particular reference to the poplygamy-fertility hypothesis

The hypothesis that polygyny is associated with higher fertility than monogamy was evaluated. An assessment of previous studies and of the results of a 1966-1967 study comparing the fertility levels of polygynously and monogamously married women in a rural and an urban population in Nigeria lead to the conclusion that the hypothesis was useless. The hypothesis was judged to be useless because 1) fertility rates are the product of multiple influences; 2) it is too difficult to separate out these multiple influences, given the variability involved in polygynous practices and the inadequates of the data; and 3) the influence of polygyny on fertility is too slight to take into account. In the Nigerian study, the fertility of 2742 monogamously married women was compared with the fertility of 1261 polygynously married women. Preliminary analysis revealed that the fertility rate was higher for polygynously married women; however, when marriage duration was controlled, there was no significant differences between the fertility rates observed for the polygynously and monogamously married women living in rural areas nor those living in urban area.