bluuebunny/crossref_metadata_2025_split huggingface dataset:
The decomposition of housing market variations
Authors: Ma Le , Liu Chunlu 
Published: March 2010

PurposeThis paper develops a new decomposition method of the housing market variations to analyse the housing dynamics of the Australian eight capital cities.Design/methodology/approachThis study reviews the prior research on analysing the housing market variations and classifies the previous methods into four main models. Based on this, the study develops a new decomposition of the variations, which is made up of regional information, home‐market information and time information. The panel data regression method, unit root test and F test are adopted to construct the model and interpret the housing market variations of the Australian capital cities.FindingsThis paper suggests that the Australian home‐market information has the same elasticity to the housing market variations across cities and time. In contrast, the elasticities of the regional information are distinguished. However, similarities exit in the west and north of Australia or the south and east of Australia. The time information contributes differently along the observing period, although the similarities are found in certain periods.Originality/valueThis paper introduces the housing market variation decomposition into the research of housing market variations and develops a model based on the new method of the housing market variation decomposition.
Housing price bubbles in Beijing and Shanghai?
Authors: Hou Yongzhou 
Published: March 2010

PurposeBeijing and Shanghai have been the leading housing markets in urban China. In the late half of the 2000s, both metropolises experienced a pronounced process of housing price appreciation. The purpose of this paper is to examine whether there exist housing price bubbles in the two largest cities in China.Design/methodology/approachThe study is based on a combination of different quantitative indicators: a comparison of housing market prices with the rational expectation price, mortgage loans, and the ratios of price to income and to rent. Moreover, the statistical tool of control chart is introduced to quantify housing bubbles.FindingsThe study shows that Beijing appears to have been on the way of forming a housing price bubble between 2005 and 2008, and that there perhaps existed a housing bubble in Shanghai from 2003 to 2004. It appears that the housing market cycle in Beijing may be divided into three stages: the cycle peak stage (1991‐1997), the cycle trough stage (1998‐2003) and the second cycle peak stage (2004‐2008).Originality/valueIn an attempt to explain the possible existence of housing bubbles in Beijing and Shanghai, this paper uses an integrated strategy involved with such fundamentals as interest rates, rent, income and GDP. In particular, the control chart, based on per capita GDP, is introduced to identify a housing bubble.
The impact of buyer‐type on house price
Authors: Larsen James E. 
Published: March 2010

PurposeThis paper aims to report the results of a study conducted to determine whether investors systematically pay less for single‐family houses than do buyer/residents.Design/methodology/approachData from 3,443 single‐family house transactions were subjected to regression analysis.FindingsInvestors in this study paid 13.24 percent less, on average, than buyers who reside in the property.Research limitations/implicationsThe study was limited to transactions occurring during a single year in one American city. Future research could test whether the results apply in other locations. The study did not consider the influence of seller‐type on transaction price. Future studies could incorporate this facet of the transaction. The results have implications for property tax authorities and fee appraisers because the presence of investors in a housing market may introduce a two‐tiered transaction set which could distort the assessment process and/or the indicated value calculated by fee appraisers using the comparable sales approach.Originality/valueThis paper provides useful information on the impact of buyer‐type on house price.
House price‐stock price relations in Thailand: an empirical analysis
Authors: Ibrahim Mansor H. 
Published: March 2010

PurposeThe purpose of this paper is to empirically evaluate the wealth and credit‐price effects in the relations between housing prices and stock prices for Thailand using quarterly data from 1995 to 2006.Design/methodology/approachThe analysis relies on a four‐variable vector autoregression (VAR) framework consisting of house prices, stock prices, real output and consumer prices. Granger causality tests, impulse‐response functions and variance decompositions simulated from the estimated VAR systems are adopted as bases for inferences.FindingsThe results obtained from Granger causality tests, impulse‐response functions and variance decompositions all suggest a unidirectional causality that runs from stock prices to house prices. Thus, the wealth effect is unequivocally supported for the Thai case. The paper also documents the importance of real activity in influencing both house and stock prices. Likewise, stock prices do exert significant effects on real output and to some extent the general price level. These results have an implication that stock market stability is critical for the stability of the housing market as well as the goods market.Originality/valueThe paper provides an emerging market perspective on stock price – house price relations, which seem to be lacking in the literature.
The effect of corporate governance elements on corporate social responsibility (CSR) reporting
Authors: Khan Habib‐Uz‐Zaman 
Published: March 2010

PurposeThe purpose of this paper is to investigate the corporate social responsibility (CSR) reporting information of Bangladeshi listed commercial banks and explores the potential effects of corporate governance (CG) elements on CSR disclosures.Design/methodology/approachThe annual reports of all private commercial banks (PCB) for the year 2007‐2008 are examined to analyse the banks' CSR reporting practice using content analysis. It also considers three elements of CG such as non‐executive directors, existence of foreign nationalities and women representation in the board. The multiple regressions were used to measure the impact of CG elements on banks' CSR reporting initiatives.FindingsThe results of the study demonstrate that though voluntary, overall CSR reporting by Bangladeshi PCB are rather moderate, however, the varieties of CSR items are really impressive. The results also displayed no significant relationship between the women representation in the board and CSR reporting. Conversely, non‐executive directors and existence of foreign nationalities have been found the significant impact on the CSR reporting.Research limitations/implicationsThe main limitations of the paper are that it considers PCB from only one country and uses annual reports disclosures from a single year. The results of the study can be used by researchers to analyse the benefits of including the non‐executive directors and foreign nationals on different types of CSR initiatives and standard setters to set the suitable CSR policy guidelines with a view to reinforce such initiatives.Originality/valueThis unique paper divulges the CSR related disclosure with possible impact of CG in the specific context of a transitional economy's banks such as Bangladesh. The paper contributes to the CSR literature as it presents empirical evidence of the influences of CG structure on the practices of CSR activities in developing countries' banking sector setting.
The “creative capitalism” corporate governance model
Authors: Hemphill Thomas 
Published: March 2010

PurposeThe purpose of this article is exploratory; to evaluate the arguments for “creative capitalism” as a viable market alternative, i.e. corporate governance model, for MNCs in lieu of the capitalist model under which they presently operate.Design/methodology/approachThe paper will first explore the attributes making up the creative capitalism model; second, compare the core attributes of capitalism to Gates' conception of creative capitalism; third, analyze how creative capitalism fits (or does not fit) within the concepts of global corporate citizenship; fourth, present arguments for creative capitalism to be considered as a viable economic opportunity for MNCs and review the latest management strategy frameworks available for implementation; and lastly, summarize the article's major arguments and offer conclusions on the viability of creative capitalism in the global economy.FindingsWhen compared to the essential components of capitalism and the expansion of government interference in the marketplace, creative capitalism does little more than advocate for national governments to offer financial and related incentives encouraging corporations to develop innovative solutions for alleviating poverty.Practical implicationsFor managers, this paper provides insights not emphasizing a “fortune at the bottom of the pyramid”, but profit opportunities available to innovative multinational corporations willing to search for profit opportunities in less developed countries.Originality/valueThis is a seminal, exploratory evaluation of Bill Gates' concept of “creative capitalism” and applies previous researchers' state‐of‐the‐art management frameworks, including the Corporate Citizenship Model and the Strategic CSR Approach, to his proposed governance model.
The Journal of Indian Business Research: the first year and beyond
Authors: Mukherjee Avinandan , Shainesh G. 
Published: March 2010

PurposeThe purpose of this paper is to look back at the first year of publication of the Journal of Indian Business Research (JIBR) and to provide details of the current issue.Design/methodology/approachIt is time to look back at the first year of launch of the JIBR. After all, it is widely believed in the academic publishing world that the first year of a new journal is the most crucial one. This editorial gives details of the current issue, paper by paper.FindingsFilling a much‐felt gap for a high‐quality publishing outlet on Indian business research, JIBR has attracted the attention of leading scholars in the discipline in the very first year of its existence. Renowned scholars such as Jagdish Sheth, Alok Chakrabarti, Raj Aggarwal, Madhukar Angur, G.K. Kalyanaram and Rajendra Sisodia have published their research and/or viewpoints/commentaries in JIBR in its very first year. This issue begins with “Corporate social responsibility communication in the Indian context” wherein Brigitte Planken, Subrat Sahu, and Catherine Nickerson report on research, which investigates the CSR platforms and the communication surrounding those platforms in India. In the second paper titled “Effectiveness of integrated marketing communications: empirical analysis of two brands in India,” Mehir Baidya and Bipasha Maity utilize quarterly, time‐series data over 2000‐2005 for two competing brands in packaged goods business to assess the impact of marketing communication on sales. Pramila Rao, in the third paper titled “A resource‐based analysis of recruitment and selection practices of Indian software companies: a case study approach” enhances our understanding on senior‐level staffing practices of Indian software companies. The next paper by Federica Collato is a case study titled “Is Bangalore the Silicon Valley of Asia? Analysis of the evolution and the structure of this Indian local economy organization.” The final paper of this issue is a viewpoint article on “Overcoming decision flaws from framing” by V.N. Bhattacharya.Originality/valueThe Editorial provides an overview of the inaugural volume of JIBR.
Effectiveness of integrated marketing communications
Authors: Baidya Mehir , Maity Bipasha 
Published: March 2010

PurposeIntegrated marketing communications (IMC) has emerged as a promising area of study in the past decade. However, this area has received disproportionate attention for research around the world. This paper aims to determine the effectiveness of different components and total IMC on two brands in India.Design/methodology/approachData on physical sales (200 ml bottles), advertising, sales force, promotion, distribution, and price in rupees (Indian currency) have been collected for two sample brands. A multiplicative regression model has been hypothesized and fitted on the data to estimate the elasticities of sales (in units) to individual components and total IMC.FindingsResults suggest that all the individual components of IMC have significant unequal positive effects on physical sales for both the brands. Further, the effects of total IMC on sales are also positive and significant in both the cases.Research limitations/implicationsThis work could not incorporate the carry‐over effect of different components of IMC in the model in view of the small number of observations.Practical implicationsThe findings can help managers in allocating their budget over different components of IMC, resulting in higher sales and higher returns on their investment.Originality/valueThis research has much significance and importance in view of lack of quantitative modeling works reported on marketing data in India.
A resource‐based analysis of recruitment and selection practices of Indian software companies
Authors: Rao Pramila 
Published: March 2010

PurposeThe purpose of this paper is to detail staffing practices of five software companies located in India.Design/methodology/approachThis qualitative research paper uses purposeful sampling to provide rich data on senior‐level staffing practices. The interviews conducted in India are tape‐recorded and notes are also taken diligently. The interviews are coded to identify similar and dissimilar themes.FindingsThis research identifies internal recruitment, employer references, succession planning, interviews, personality tests, newspaper recruitment, professional search agencies, and bio‐data as the predominant senior‐level staffing practices.Practical implicationsThe paper identifies successful staffing practices adopted by domestic software companies. As multinational companies significantly increase their presence in India, global practitioners can implement successful staffing practices by having a thorough understanding of local staffing practices.Originality/valueThis paper identifies successful staffing practices of the Indian software organizations. This paper further provides a staffing model based on the Lepak and Snell staffing typology and details the main human resource management challenges of the Indian software industry.
Is Bangalore the Silicon Valley of Asia?
Authors: Collato Federica 
Published: March 2010

PurposeThe purpose of this paper is to present the case of Bangalore, the capital of Karnataka, a state in the South of India, which is the centre of this research project.Design/methodology/approachStarting with a summary of the theoretical context of this district, the paper considers the informationalism paradigm. Then, it analyzes in depth the context of Bangalore, with the analytical session devoted to the institutional actors involved and their relationships, heart of the entire system. In the final part, the paper attempts to give meaning to the identity of Bangalore, and also it investigates its future sustainability, both economic and social.FindingsThe paper finds that Bangalore is not the Silicon Valley of Asia. According to the district literature, each district has its own specific and unrepeatable features.Originality/valueIt is useful as an analytical expedient to study specifically the district of Bangalore itself, its evolution and its characteristics.
Overcoming decision flaws from framing
Authors: Bhattacharya V.N. 
Published: March 2010

PurposeThe purpose of this paper is to examine the harmful effects of framing and suggests ways to improve decisions.Design/methodology/approachThe paper uses a number of real life examples of catastrophic failures of decision making by obviously intelligent and experienced people and compares them with less dramatic but common errors of judgement most people make. The way a problem is presented often determines the choices we make and that we are inconsistent. It explains this phenomenon using Kahneman and Tversky's Nobel Prize winning work in behavioural economics.FindingsAll human beings are susceptible to decision flaws from framing. It is possible to recognise signs of the way we may be framing a decision situation and adopt strategies to sidestep the hazards of wrong choice.Practical implicationsBy adopting methods suggested in this paper, individuals can make better decisions in everyday life. Managers can make appropriate choices rather than take too little risk or too much. Organisations can train senior managers in decision strategies and adopt group processes that reduce the risk of flawed decisions.Originality/valueThe paper provides insight into errors all human beings are prone to, no matter how intelligent or experienced they are. Using everyday examples Indian managers are familiar with, the paper highlights the need to improve thinking.
Regional differences of country image effect in Chinese market
Authors: Li Dongjin , An Shenghui , Ahn Jongseok 
Published: March 2010

PurposeThe purpose of this paper is to explore how differently Chinese consumers, located in different regions, perceive country image.Design/methodology/approachIn total, 1,257 consumers from Beijing, Shanghai, Qingdao, Shenyang, and Wuhan are surveyed.FindingsThe results demonstrate that Chinese consumers in different regions focus on the different country image factors when they perceive the general quality of foreign products. Emotional and cognitive factors have a more significant effect on the consumers' perception of the product's quality than normative factor in Beijing and Wuhan. In the case of Shanghai, emotional factor has the strongest effect, cognitive factor has the modest and normative factor has the weakest. Cognitive and normative factors have a significant effect on the consumers' perception of the product's quality in Qingdao and only cognitive factor has a significant effect in Shenyang.Research limitations/implicationsThe proportion of young consumers who are in their early 20s accounts for 63 percent of the sample, which may propose the representative problem of the sample, affecting the contents of the regional differences in the Chinese market.Practical implicationsThe results suggest that not only the businesses' marketing activities to improve the company image are important, but the government's national promotional strategies to improve the country image are also important. It is suggested that regional heterogeneity of Chinese market should be carefully considered when implementing effective marketing strategies.Originality/valueThe paper provides an in‐depth investigation into how the country image influences Chinese consumers differently from those who are located in different Chinese regions when they perceive product quality from various foreign countries.
Large shareholders, legal institution and capital structure decision
Authors: Zuoping Xiao 
Published: March 2010

PurposeThe purpose of this paper is to explain theoretically the relation between large shareholders, legal institutions, and capital structure, then empirically deduce how large shareholders and legal institution affected capital structure decision by integrating Chinese institutions.Design/methodology/approachThis paper adopted cross‐section data of non‐financial listed companies in China and applied series of ordinary least square to empirically test the relationship between large shareholders, legal institution, and capital structure decision.FindingsThe empirical evidence provided by this paper indicates that large shareholders and legal institution do affect capital structure decision, specifically in seven areas.Originality/valueThis paper, based on the institutions of China, takes the largest shareholder, ultimately the controller, the relation of legal institution and capital structure into the research framework for the first time and systematically studies how the capital structure decision making is affected by the controlling shareholders, the nature of ultimately controllers, the concentration degree of shares held by a few large shareholders and legal institution. It is the first to empirically test whether the concentration degree of shares held by a few large shareholders and legal institution will affect the relation between controlling shareholders and capital structure, and compensates for the deficiencies in previous studies.
ORIGINAL ARTICLE: Accuracy of calculated free testosterone formulae in men
Authors: Ly Lam P. , Sartorius Gideon , Hull Laura , Leung Andrew , Swerdloff Ronald S. , Wang Christina , Handelsman David J. 
Published: March 2010

SummaryBackground  As reference laboratory methods for measuring free testosterone (FT) by equilibrium dialysis (ED) are laborious, costly and nonautomatable, FT levels are often calculated (cFT) rather than measured. However, the predictive accuracy of such estimates in routine use relative to laboratory measurements is not well defined. We provide a large‐scale evaluation of the predictive accuracy for different FT formulae compared with laboratory ED measurement and an analysis of clinical factors that may influence accuracy.Methods  The accuracy of five different cFT formulae (two equilibrium binding, three empirical) based on immunoassays of total testosterone (TT) and SHBG was evaluated by comparing those estimates with FT measurement by ED in 2159 serum samples from men at a single research laboratory over several years.Results  cFT formulae show systematic discrepancies from the two equilibrium‐binding formulae. One empirical formula overestimated FT relative to ED measurements, whereas two newer empirical cFT formulae were more concordant. These discrepancies persisted after correction for serum albumin and were not influenced by obesity, ethnicity or gonadal status.Conclusions  Commonly used cFT formulae significantly overestimate FT relative to laboratory measurement by ED in male serum samples. The accuracy of the formulae is not influenced by correction for serum albumin, obesity, ethnicity or gonadal status. Such inaccuracy relative to the reference method renders some cFT estimates unreliable for evaluating androgen deficiency as recommended by clinical best practice guidelines.
HDAC2 expression and variable number of repeats in exon 1 of the HDAC2 gene in corticotroph adenomas
Authors: Evang J. Arild , Borota Olivera Casar , Melum Espen , Holm Ruth , Ramm‐Pettersen Jon , Bollerslev Jens , Berg Jens P. 
Published: March 2010

SummaryObjectives  Alterations in protein expression of histone deacetylase 2 (HDAC2) have been demonstrated in various neoplasms, and lack of nuclear expression of HDAC2 has previously been shown in some human and canine corticotroph adenomas. This study aimed to examine HDAC2 expression in a Norwegian cohort of corticotroph adenomas, screen for exonic HDAC2 gene variants in the adenomas and correlate the results with clinical data.Patients and design  Forty‐four patients with verified Cushing’s disease or Nelson’s syndrome, positive ACTH staining and tissue available for immunohistochemistry and/or DNA sequencing were included. Ninety‐four controls were chosen from the Norwegian Bone Marrow Registry.Results  Histone deacetylase 2 expression examined by immunohistochemistry was strongly reduced in 3/30 adenomas. There were no association between HDAC2 expression and clinical variables. A previously unidentified insertion of three bases in a region coding for a polyserine cluster in exon 1 of the HDAC2 gene was identified in 6/32 adenomas. No other mutations in HDAC2 exons were found. Examination of DNA extracted from peripheral blood confirmed germ‐line origin of the exon 1 insertion. The same insertion was also found in 28/94 of the controls (i.e., not significantly different from the patients).Conclusions  Strongly reduced HDAC2 protein expression was confirmed in a small portion of corticotroph tumours. Mutations in HDAC2 exons are unlikely to play an important role in the development of corticotroph adenomas.