Australian Journal of Management articles from December 2004

Australian Journal of Management archives from December 2004

Learning, risk, and diversity.(Editorial)
December 1, 2004... This is the largest issue we have published for some years. There is a diversity of disciplines represented among the eight papers, from computer simulations of auctions with repeating bidders who learn, to the use of financial derivatives in...

Are auctions more efficient than fixed price schemes when bidders learn?
December 1, 2004... Abstract: Auctions are increasingly being considered as a mechanism for allocating conservation contracts to private landowners. This interest is based on the widely held belief that competitive bidding helps minimize information rents....

Do shareholders really prefer risky projects?
December 1, 2004... Abstract: It is' often argued that managers representing shareholders' interests tend to undertake risky projects because equity resembles a call option on a firm's assets. However, this conclusion is not generally true when bankruptcy...

Towards a multicultural world: identifying work systems, practices and employee attitudes that embrace diversity.
December 1, 2004... Abstract: The research program described focuses on identifying the role of organisational culture, as reflected in workplace systems and practices, and employee and group attitudes in the outcomes of interactions among dissimilar parties....

Australian evidence concerning the information content of economic value-added.
December 1, 2004... Abstract: Pooled time-series, cross-sectional data on 110 Australian companies over the period 1992-1998 is employed to examine whether the trademarked variant of residual income known as economic value-added (EVA[R]) is more highly...

Management motivation for using financial derivatives in Australia.
December 1, 2004... Abstract: This study takes a direct approach to determine management motivation for the use of financial derivatives. We survey a sample of Australian firms on attitudes to derivative use and financial risk management. Management views are...

Top management turnover: an analysis of active Australian investment managers.
December 1, 2004... Abstract: This study examines the relationship between top management turnover (i.e. investment directors) and investment performance for actively managed Australian funds. This issue is significant given the importance of executive...

A measure of attitudes towards flexible work options.
December 1, 2004... Abstract: A short questionnaire, the Flexible Work Options Questionnaire (FWOQ), was developed to measure workers' attitudes to the use of flexible work options (FWOs) such as flexible hours and part-time work. The questionnaire was used...

Financial risk exposures in the airline industry: evidence from Australia and New Zealand.
December 1, 2004... Abstract: Important financial risks facing the airline industry include interest-rate, currency and fuel-price risk. This paper estimates the exposure to these risks within the airline industry of Australia and New Zealand, using both...