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 Impact of Cultural Events on Community Reputation and Pride in Maribor,The European Capital of Culture 2012

Social Indicators Research - This paper examines the cultural and social impacts of the European Capital of Culture (ECOC) on the case of the Slovenian city Maribor, the cultural capital of Europe...     

The International Crisis of Confidence in Corporations

Journal of Management and Governance -     

Individualism Behind Collectivism: A Reflection from Saudi Volunteers

Volunteering is growing rapidly worldwide and has been recognized as a significant social force, contributing to social development. Motives for volunteering vary widely, ranging from collectivistic factors to individualistic ones. Collectivism is often identified as a main factor that contributes to volunteering, especially in collectivist societies. Our analysis shows that in Saudi Arabia—typically classified as a collectivist society—individualistic considerations such as learning skills, meeting friends, and releasing guilt mediate the effect that collectivistic motivations (e.g., prosocial personality and community identity) have on the decision of continuous volunteering. This finding is applicable to both males and females, to people in different forms of employment, across ages, and regardless of family members’ volunteering behavior, according to moderation analyses.     

Fertility and development: evidence from Brazil

Using microdata from the Brazilian demographic censuses of 1960, 1970, 1980, and 1991, aggregated into 518 consistently defined spatial units called microregions, we estimated fertility and mortality and constructed indicators of development and living conditions in the rural and urban areas of the microregions in each census. We then estimated cross-sectional and fixed-effects models to answer questions about the degree to which changes in these indicators are associated with changes in fertility and whether the relationship between fertility and development shifts through time. We found strong and consistent relationships between the decline in fertility and measurable changes in social and economic circumstances.     

Empirical bayes estimation of demographic schedules for small areas

In this article, we analyze empirical Bayes (EB) methods for estimating small-area rate schedules. We develop EB methods that treat schedules as vectors and use adaptive neighborhoods to keep estimates appropriately local. This method estimates demographic rates for local subpopulations by borrowing strength not only from similar individuals elsewhere but also from other groups in the same area and from regularities in schedules across locations. EB is substantially better than standard methods when rates have strong spatial and age patterns. We illustrate this method with estimates of age-specific fertility schedules for over 3,800 Brazilian municipalities.     

Corporate Governance and New Organizational Forms: Issues of Double and Multiple Agency

This paper addresses corporate governance inthe light of two relatively new developments inorganizational form, respectively towardsdevolved initiative within firms andpartnerships between firms. In so doing, itargues for an extension of corporate governancetheory and practice to take better account ofthe problems arising from double and multipleagency. New organizational forms can bereconciled with the requirements for corporategovernance through a number of complementarydevelopments, including the cooptation ofemployees and junior partners into ownershipand governance, more inclusive forms ofcontrol, mutual monitoring and the promotion oftrust.     

The importance of user centered design methods applied to the design of a new workstation: a case study

This paper presents a case study of the application of user centered design methodologies in the product development for a line of ergonomic office furniture. The study aimed to analyze the experience of using a workstation from the perspective of two groups of users, installers and end users. The observation of users in their natural context of use not only allowed the development team to identify key needs and strategies of the users, transforming them into design solutions, but mainly it warned them of the importance and impact of user involvement in the product development cycle.