Accounting and Conceptions of Control in the American Corporation1

This study examines three conceptions of how capitalist firms are organized and the relationship between accounting, organization, and control. The first conceptions is based on neoclassical economic theories, and its central premise is the efficacy of contracts. The second model emphasizes Marxian ideas of class conflict and exploitation. Its organizational premise rests on hierarchy and accumulation. The third concept is sociological. Its core assumption is that firms act to create ‘organizational fields’ which assure their continued survival. Each of these three perspectives relies on accounting as a means of control. The paper argues that there is an institutional connection between accounting and corporate control; the connection is demonstrated by the way in which accounting legitimizes control through objectivity, methodology, and professionalism. Regardless of how control is theoretically conceived, accounting is a crucial aspect of control within the modern economic organization.     

Indexicality and experience: Exploring the meanings of /aw/‐monophthongization in Pittsburgh1

In this paper we test the hypothesis that monophthongal /aw/ is semiotically associated with local identity in Pittsburgh. We compare results of an experimental task that directly elicits participants' sense of the indexical value of /aw/‐monophthongization with the occurrence of this variant in the same people's speech. People who hear monophthongal /aw/ as an index of localness are unlikely to have this feature in their own speech, and many of the people who do monophthongize /aw/ do not associate this variant with localness. Exploring how four of these participants talk about this feature and its meanings, we show that the indexical meanings of speech features can vary widely within a community, and we illustrate the danger of confusing the meaning assigned by hearers to a linguistic form with the meaning users would assign to it. We suggest that a phenomenological approach, attending to the multiplicity and indeterminacy of indexical relations and to how such relations arise historically and in lived experience, can lead to a more nuanced account of the distribution of social meanings of variant forms than can studies of perception or production alone.     

Robustness and power of parametric, nonparametric, robustified and adaptive tests—The multi-sample location problem

This paper deals with a survey of different types of tests, parametric, nonparametric, robustified and adaptive ones, and with an application to the two-sided c-sample location problem. Some concepts of robustness are discussed, such as breakdown point, influence function, gross-error sensitivity and especially α- and β-robustness. A robustness study on level α in the case of heteroscedasticity and nonnormal distributions is carried out via Monte Carlo methods and also a power comparison of all the tests considered. It turns out that robustified versions of the F-test and Welch-test where the original observations are replaced by its ranks behave well over a broad class of distributions, symmetric ones with different tail weight and asymmetric ones, but, on the whole, an adaptive test is to prefer.     

Quadratic programming applications

Although quadratic programming (QP) is often studied as a methodology by decision scientists, little emphasis seems to be given to the type of decision science problems that can be so modeled. This paper reviews and extends some of the applied and methodological areas where QP is applicable, discussing and illustrating the characteristics and aspects of the accompanying solutions. Some of the methodological areas amenable include regression analysis, decision analysis, and quadratic approximations to generally complex functions. In the functional management areas, QP is applicable to problems in economics, such as demand-supply response and enterprise selection. In finance, it is used in portfolio analysis; in agriculture, in crop selection. Both the methodological and functional applications of QP are reviewed. Potential new applications of QP are suggested.