Investor response to appointment of female CEOs and CFOs

We study the impact of appointing women to top executive positions from an investor perspective. We analyze whether shareholders value announcement of appointment of women to top positions differently than they do appointment of men. This study uses an international sample of 100 announcements of top executive appointments of women who replace men and investigates how shareholders respond to such appointments. This research combines an event study with a matched pair analysis to compare the response from investors regarding appointment of female versus male CEOs and CFOs. We establish that investors do not seem to value appointment of women significantly differently from that of men. This finding suggests that, from the investor perspective, there appears to be no business case for a particular gender when it comes to appointing a CEO or CFO.     

The Moderating Effect of Living with a Child Before Incarceration on Postrelease Outcomes Related to a Prison-Based Parent Management Training Program

ABSTRACT

With the rapid growth in incarceration in the United States over the past few decades came dramatic growth in the number of the incarcerated parents with at least one minor child. Parental incarceration places extra stresses and strains on families and children. Almost all of those incarcerated will eventually be released. However, the majority of those released from prison will be rearrested within a year. Finding interventions that can decrease the likelihood of returning to crime and to incarceration are of utmost importance. Using a social bond theory framework, the authors examine the moderating effect of living with a child before incarceration on program outcomes related to a prison-based parent management training program. A significant effect was found. Implications for these findings are discussed for future research and practice.     

An approach to design long-term monitoring and evaluation frameworks in multi-actor systems--a case in water management

Learning-by-doing and adaptive management require careful monitoring and evaluation of the outcomes of environmental policies and programs under implementation. Selecting relevant indicators is difficult, especially when monitoring over a longer period of time. Further challenges arise when policies are developed as a collaborative effort among multiple actors. This paper discusses an approach to design frameworks for long-term monitoring and evaluation in multi-actor systems. It uses Dynamic Actor Network Analysis (DANA) as an actor-sensitive method to reconstruct program theories. This is combined with elements of assumption-based planning to identify critical assumptions and associated indicators to incorporate the dynamic aspects related to long-term monitoring. An application of this approach is described for a case of water management in the Netherlands. Here, mapping multiple perspectives and identifying critical assumptions helped to broaden the scope of monitoring in important ways. Identifying associated indicators and expectations on their development in response to policy implementation proved more difficult. From this case, it can be concluded that the approach is feasible, useful, but also demanding. However, with continuing trends of networked governance and adaptive management, additional efforts to reflect these trends in monitoring and evaluation, through this and similar approaches, are needed.     

Context Matters: Explaining How and Why Mobilizing Context Influences Motivational Dynamics

The emphasis in the social-psychological collective action literature is on why individuals take part in collective action; however, it does not elaborate on how different mobilizing contexts may appeal to distinct motivational dynamics to participate. The present study connects the microlevel of motivational dynamics of individual protesters with the mesolevel of social movement characteristics. To do so a field study was conducted. Protesters were surveyed in the act of protesting in two different demonstrations in two different town squares simultaneously organized by two social movements at exactly the same time against the same budget cuts proposed by the same government. But with one fundamental difference, the movements emphasized different aspects of the policies proposed by the government. This most similar systems design created a unique natural experiment, which enabled the authors to examine whether the motivational dynamics of individual protesters are moderated by the social movement context. Previous research suggested an instrumental path to collective action, and the authors added an ideology path. The authors expected and found that power-oriented collective action appeals to instrumental motives and efficacy and that value-oriented collective action appeals to ideological motives, and, finally, that efficacy mediates on instrumental motives and motivational strength, but only so in power-oriented action.     

Strategic technology alliance termination: An empirical investigation

There is growing consensus that overall alliance termination rates are high. However, despite this track record of termination and despite unsurpassed growth rates of strategic technology alliances, little is known about the reasons for their termination. Typically strategic alliances have been characterized as inherently instable, i.e. often involving unplanned and premature termination of the alliance by partnering firms indicating alliance failure. The literature on strategic technology alliances, however, proposes that alliance termination does not always indicate failure, but can be intended and can be a sign of strength. We examine these different perceptions by using a sample of 48 strategic technology alliances in different high-technology industries. The findings in the paper confirm that the rates of termination are rather high for strategic technology alliances. Overall, we found that in particular negative prospects about future cooperation, negative perceptions about joint benefits and the lack of a win-win situation had an impact on the decision to terminate a strategic technology alliance. Also, the fact that some companies opt only for short-term (not for long-term and renewed) cooperation seems to introduce a negative factor into the longevity of strategic technology alliances.     

THE PROFESSIONAL FARMER

The Australian farmer faces important and interconnected management challenges on both the economic and ecological fronts. To confront these challenges effectively, farmers would be well advised to constitute themselves as a professional body along the lines of the Bar Association. Making farming a professional activity in this sense would provide a number of important benefits and advantages. It would facilitate the provision and delivery of the needed educational resources for economic and ecological land management, and help farmers avoid the pressures of heavy‐handed government centralism. At the same time, such professionalism would encourage more efficient use of sector resources by minimising the need for direct political lobbying and intra‐farm group competition for membership. As a professional body, farmers could hope for increased public standing and the economic clout that would come from having control over the supply of skilled land managers.     

A reconstruction of the size and composition of Jewish Holocaust survivors in the Netherlands, 1945

Compared to other countries that have suffered from the Nazioccupation, the destructive impact of the Holocaust on theJewish population has been particularly strong in the Netherlands. This paper gives a demographicreconstruction of the Jewish population in the Netherlands by the end of the war (1945),disaggregated by age and sex. The reconstruction is based on two approaches: a forwardprojection 1941–1945, starting from registration data supplemented by information onHolocaust losses; and a backward projection 1966–1945, starting from an enumerationof Halachic Jews carried out in 1966. The two approaches yieldtwo estimates that are comfortingly similar.     

Commons and the nature of modernity: towards a cosmopolitical view on craft guilds

Theory and Society - This paper argues that historical research on late medieval and early modern craft guilds fails to escape teleological and anachronistic views, including when they are...     

Sibling Conflict and Ineffective Parenting as Predictors of Adolescent Boys' Antisocial Behavior and Peer Difficulties: Additive and Interactional Effects

Extensive sibling conflict is predictive of multiple poor adjustment outcomes during adolescence and early adulthood, but the frequency and developmental impact of such conflict may be conditional on ineffective parenting. Thus, sibling conflict may add to or amplify the negative effects of ineffective parenting on adolescent boys' adjustment. Hypotheses in this study were that: (a) multiple informant measures of problematic parent–child relationships and of sibling conflict would form distinct constructs rather than a single negative family process construct, and (b) ineffective parenting, sibling conflict, and their interaction measured at ages 10 to 12 would predict boys' concurrent status and developmental trajectories for antisocial behavior and peer adjustment across a 4‐year span from ages 12 to 16. Confirmatory factor and latent growth modeling analyses were consistent with these hypotheses, demonstrating the important developmental impact of sibling conflict.