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Showing papers on "Quality (business) published in 2000"


Journal ArticleDOI
TL;DR: In this paper, the authors report an empirical assessment of a model of service encounters that simultaneously considers the direct effects of quality, satisfaction, and value on consumers' behavioral intentions, and further suggest that indirect effects of the service quality and value constructs enhanced their impact on behavioral intentions.

6,176 citations


Journal ArticleDOI
TL;DR: In this paper, a structural equations model was used to investigate the effect of perceived performance quality on behavioral intentions and satisfaction, and the results indicated that the perceptions measure of quality fitted the hypothesized model better than data derived from the subjective disconfirmation measure.

2,419 citations


Journal ArticleDOI
TL;DR: In this paper, the authors suggest the need to consider which aspects of the process are desirable and then to measure the presence or quality of these process aspects, and propose a number of theoretical evaluation criteria that are essential for effective public participation.
Abstract: There is a growing call for greater public involvement in establishing science and technology policy, in line with democratic ideals. A variety of public participation procedures exist that aim to consult and involve the public, ranging from the public hearing to the consensus conference. Unfortunately, a general lack of empirical consideration of the quality of these methods arises from confusion as to the appropriate benchmarks for evaluation. Given that the quality of the output of any participation exercise is difficult to determine, the authors suggest the need to consider which aspects of the process are desirable and then to measure the presence or quality of these process aspects. To this end, a number of theoretical evaluation criteria that are essential for effective public participation are specified. These comprise two types: acceptance criteria, which concern features of a method that make it acceptable to the wider public, and process criteria, which concern features of the process that are ...

1,978 citations


Journal ArticleDOI
TL;DR: In this paper, the authors focus on the ways a firm may signal the unobservable quality of its products through several marketing-mix variables, and develop a typology that classifies signals and discuss the available empirical evidence on the signaling properties of several marketing variables.
Abstract: Recent research in information economics has focused on signals as mechanisms to solve problems that arise under asymmetric information. A firm or individual credibly communicates the level of some unobservable element in a transaction by providing an observable signal. When applied to conveying product quality information, this issue is of particular interest to the discipline of marketing. In this article, the authors focus on the ways a firm may signal the unobservable quality of its products through several marketing-mix variables. The authors develop a typology that classifies signals and discuss the available empirical evidence on the signaling properties of several marketing variables. They consider managerial implications of signaling and outline an agenda for future empirical research.

1,714 citations


Journal ArticleDOI
TL;DR: In this paper, the authors investigate the effect of interactive decision aids on consumer decision making in online shopping environments and find that they have a significant impact on the quality and efficiency of decision making.
Abstract: Despite the explosive growth of electronic commerce and the rapidly increasing number of consumers who use interactive media such as the World Wide Web for prepurchase information search and online shopping, very little is known about how consumers make purchase decisions in such settings. A unique characteristic of online shopping environments is that they allow vendors to create retail interfaces with highly interactive features. One desirable form of interactivity from a consumer perspective is the implementation of sophisticated tools to assist shoppers in their purchase decisions by customizing the electronic shopping environment to their individual preferences. The availability of such tools, which we refer to as interactive decision aids for consumers, may lead to a transformation of the way in which shoppers search for product information and make purchase decisions. The primary objective of this paper is to investigate the nature of the effects that interactive decision aids may have on consumer decision making in online shopping environments. While making purchase decisions, consumers are often unable to evaluate all available alternatives in great depth and, thus, tend to use two-stage processes to reach their decisions. At the first stage, consumers typically screen a large set of available products and identify a subset of the most promising alternatives. Subsequently, they evaluate the latter in more depth, perform relative comparisons across products on important attributes, and make a purchase decision. Given the different tasks to be performed in such a two-stage process, interactive tools that provide support to consumers in the following respects are particularly valuable: 1 the initial screening of available products to determine which ones are worth considering further, and 2 the in-depth comparison of selected products before making the actual purchase decision. This paper examines the effects of two decision aids, each designed to assist consumers in performing one of the above tasks, on purchase decision making in an online store. The first interactive tool, a recommendation agent RA, allows consumers to more efficiently screen the potentially very large set of alternatives available in an online shopping environment. Based on self-explicated information about a consumer's own utility function attribute importance weights and minimum acceptable attribute levels, the RA generates a personalized list of recommended alternatives. The second decision aid, a comparison matrix CM, is designed to help consumers make in-depth comparisons among selected alternatives. The CM allows consumers to organize attribute information about multiple products in an alternatives × attributes matrix and to have alternatives sorted by any attribute. Based on theoretical and empirical work in marketing, judgment and decision making, psychology, and decision support systems, we develop a set of hypotheses pertaining to the effects of these two decision aids on various aspects of consumer decision making. In particular, we focus on how use of the RA and CM affects consumers' search for product information, the size and quality of their consideration sets, and the quality of their purchase decisions in an online shopping environment. A controlled experiment using a simulated online store was conducted to test the hypotheses. The results indicate that both interactive decision aids have a substantial impact on consumer decision making. As predicted, use of the RA reduces consumers' search effort for product information, decreases the size but increases the quality of their consideration sets, and improves the quality of their purchase decisions. Use of the CM also leads to a decrease in the size but an increase in the quality of consumers' consideration sets, and has a favorable effect on some indicators of decision quality. In sum, our findings suggest that interactive tools designed to assist consumers in the initial screening of available alternatives and to facilitate in-depth comparisons among selected alternatives in an online shopping environment may have strong favorable effects on both the quality and the efficiency of purchase decisions-shoppers can make much better decisions while expending substantially less effort. This suggests that interactive decision aids have the potential to drastically transform the way in which consumers search for product information and make purchase decisions.

1,643 citations


Journal ArticleDOI
TL;DR: Using data from a 50-state survey of policies, state case study analyses, the 1993-94 Schools and Staffing Surveys (SASS), and the National Assessment of Educational Progress (NAEP), this paper examined the ways in which teacher qualifications and other school inputs are related to student achievement across states.
Abstract: Using data from a 50-state survey of policies, state case study analyses, the 1993-94 Schools and Staffing Surveys (SASS), and the National Assessment of Educational Progress (NAEP), this study examines the ways in which teacher qualifications and other school inputs are related to student achievement across states The findings of both the qualitative and quantitative analyses suggest that policy investments in the quality of teachers may be related to improvements in student performance Quantitative analyses indicate that measures of teacher preparation and certification are by far the strongest correlates of student achievement in reading and mathematics, both before and after controlling for student poverty and language status State policy surveys and case study data are used to evaluate policies that influence the overall level of teacher qualifications within and across states This analysis suggests that policies adopted by states regarding teacher education, licensing, hiring, and professional development may make an important difference in the qualifications and capacities that teachers bring to their work The implications for state efforts to enhance quality and equity in public education are discussed

1,567 citations


01 Jan 2000
TL;DR: In this article, the authors examined the ways in which teacher qualifications and other school inputs are related to student achievement across states using data from a 50-state survey of policies, state case study analyses, the 1993-94 Schools and Staffing Surveys (SASS), and the National Assessment of Educational Progress (NAEP), and found that measures of teacher preparation and certification are by far the strongest correlates of student achievement in reading and mathematics.
Abstract: Using data from a 50-state survey of policies, state case study analyses, the 1993-94 Schools and Staffing Surveys (SASS), and the National Assessment of Educational Progress (NAEP), this study examines the ways in which teacher qualifications and other school inputs are related to student achievement across states. The findings of both the qualitative and quantitative analyses suggest that policy investments in the quality of teachers may be related to improvements in student performance. Quantitative analyses indicate that measures of teacher preparation and certification are by far the strongest correlates of student achievement in reading and mathematics, both before and after controlling for student poverty and language status. State policy surveys and case study data are used to evaluate policies that influence the overall level of teacher qualifications within and across states. This analysis suggests that policies adopted by states regarding teacher education, licensing, hiring, and professional development may make an important difference in the qualifications and capacities that teachers bring to their work. The

1,487 citations


Journal ArticleDOI
TL;DR: In this paper, the conditions under which a loyalty rewards program will have a positive effect on customer evaluations, behavior, and repeat purchase intentions were investigated in a worldwide financial services company that offers a loyalty reward program.
Abstract: Companies that offer loyalty reward programs believe that their programs have a long-run positive effect on customer evaluations and behavior. However, if loyalty rewards programs increase relationship durations and usage levels, customers will be increasingly exposed to the complete spectrum of service experiences, including experiences that may cause customers to switch to another service provider. Using cross-sectional, time-series data from a worldwide financial services company that offers a loyalty reward program, this article investigates the conditions under which a loyalty rewards program will have a positive effect on customer evaluations, behavior, and repeat purchase intentions. The results show that members in the loyalty reward program overlook or discount negative evaluations of the company vis-a-vis competion. One possible reason could be that members of the loyalty rewards program perceive that they are getting better quality and service for their price or, in other words, “good value.”

1,197 citations


Journal ArticleDOI
TL;DR: The authors found that consumers perceived as having a nonlocal country of origin, especially from the West, are attitudinally preferred to brands seen as local, for reasons not only of perceived quality but also of social status.

1,099 citations


Journal ArticleDOI
TL;DR: In this article, the authors discuss the relationship between quality of life and health by applying the discourses emerging in the health sector to other fields and other disciplines, which constitute social representation based on subjective parameters such as satisfaction of basic needs and of the needs created by the degree of economical and social development of a given society.
Abstract: This paper discusses the relationships between quality of life and health by applying the discourses emerging in the health sector to other fields and other disciplines. These relationships constitute social representation based on subjective parameters (well-being, happiness, love, pleasure, personal satisfaction), and on objective ones such as satisfaction of basic needs and of the needs created by the degree of economical and social development of a given society. The text presents the main instruments which have been constructed during the last years for measuring quality of life, as well as the debate they cause. It also debates the semantic field where the representations and actions in favour of quality of life - such as the concept of development, democracy, quality, way and conditions of life - develop. In relation to the field of health, this article discusses the tendency to restrict the concept of quality of life to the biomedical area, associated with an economic assessment. It shows the variety of instruments created for measuring quality of life in accordance with the concept. Health promotion is considered one of the most relevant strategies in this field in order to avoid medical reductionism and to develop an interdisciplinary dialogue. It is argued that this proposal, however, still needs to be refined and tested in sanitary practices.

964 citations


Journal ArticleDOI
TL;DR: In this paper, rural development is analyzed as a multi-level, multi-actor and multi-faceted process rooted in historical traditions that represents at all levels a fundamental rupture with the modernization project.
Abstract: Both in practice and policy a new model of rural development is emerging. This paper reflects the discussions in the impact research programme and suggests that at the level of associated theory also a fundamental shift is taking place. The modernization paradigm that once dominated policy, practice and theory is being replaced by a new rural development paradigm. Rural development is analyzed as a multi-level, multi-actor and multi-facetted process rooted in historical traditions that represents at all levels a fundamental rupture with the modernization project. The range of new quality products, services and forms of cost reduction that together comprise rural development are understood as a response by farm families to both the eroding economic base of their enterprises and to the new needs and expectations European society has of the rural areas. Rural development therefore is largely an autonomous, self-driven process and in its further unfolding agriculture will continue to play a key role, although it is a role that may well change. This article provides an introduction to the nine papers of this ‘special issue’ and the many reconfiguration processes embodied in rural development that they address.in rural development

Journal ArticleDOI
TL;DR: In this article, the authors argue that quality in the food sector is closely linked to nature and the local embeddedness of supply chains and discuss the most appropriate theoretical approaches for the analysis of quality in food production and consumption.
Abstract: In this paper we analyze a turn to “quality” in both food production and consumption. We argue that quality in the food sector, as it is being asserted at the present time, is closely linked to nature and the local embeddedness of supply chains. We thus outline the broad contours of this shift and discuss the most appropriate theoretical approaches. We consider political economy, actor-network theory, and conventions theory and argue that, whereas political economy has proved useful in the analysis of globalization, it may prove less so in the examination of quality. We concentrate, therefore, upon actor-network theory and conventions theory and show that the former allows nature to be brought to the center of analytical attention but provides few tools for the analysis of quality, especially in the context of the food sector. Conventions theory, on the other hand, links together a range of aspects found in food supply chains and allows us to consider the establishment of quality as a system of ne...

Journal ArticleDOI
TL;DR: In this paper, the impact of a supply management orientation (SMO) on the suppliers' operational performance and buyers' competitive priorities (cost, quality, delivery, flexibility) are tested using a confirmatory structural equation modeling approach.

Journal ArticleDOI
TL;DR: This article examined some of the important organizational consequences of popular management techniques and provided strong support for institutional theory, demonstrating how both internal and external legitimacy can be gained by using popular management practices.
Abstract: This paper examines some of the important organizational consequences of popular management techniques. Using informational reports on quality, empowerment, and teams, as well as a measure of the implementation of total quality management programs, we found that companies associated with popular management techniques did not have higher economic performance. Nevertheless, these same companies were more admired, perceived to be more innovative, and rated higher in management quality. Higher pay was also given to chief executives when their companies were associated with these management trends. These results provide strong support for institutional theory, demonstrating how both internal and external legitimacy can be gained by using popular management techniques. They also extend institutional theory from its usual emphasis on organization-environment relations to new within-firm dynamics.

Journal ArticleDOI
TL;DR: In this paper, the authors report the results of two experiments designed to test the effects of extrinsic cues (price, brand name, store name, and country of origin) on consumers' perceptions of quality, sacrifice, and value.
Abstract: The authors report the results of two experiments designed to test the effects of extrinsic cues—price, brand name, store name, and country of origin—on consumers’ perceptions of quality, sacrifice, and value. The results of the experiments support hypothesized linkages between (a) each of the four experimentally manipulated extrinsic cues and perceived quality, (b) price and perceived sacrifice, (c) perceived quality and perceived value, and (d) perceived sacrifice and perceived value. The results also indicate that the linkages between the extrinsic cues and perceived value are mediated by perceived quality and sacrifice.

Journal ArticleDOI
TL;DR: This article reviewed the literature that tries to link quantitative measures of institutions, such as civil liberties and property rights, with growth of gross domestic product across countries and over time and made a distinction between indicators that measure the performance or quality of institutions and those that measure political and social characteristics and political instability.
Abstract: Africa’s disappointing economic performance, the East Asian financial crisis, and the weak record of the former Soviet Union have focused attention on the role of institutions in determining a country’s economic growth. This article critically reviews the literature that tries to link quantitative measures of institutions, such as civil liberties and property rights, with growth of gross domestic product across countries and over time. An important distinction is made between indicators that measure the performance or quality of institutions and those that measure political and social characteristics and political instability. The evidence suggests a link between the quality of institutions and investment and growth, but the evidence is by no means robust.

Journal ArticleDOI
TL;DR: In this paper, a theory of the optimal number of banking relationships is developed and tested using matched bank-firm data, and the empirical evidence supports the predictions of the model.
Abstract: A theory of the optimal number of banking relationships is developed and tested using matched bank-firm data. According to the theory, relationship banks may be unable to continue funding profitable projects owing to internal problems and a firm may thus have to refinance from nonrelationship banks. The latter, however, face an adverse selection problem, as they do not know the quality of the project, and may refuse to lend. In these circumstances, multiple banking can reduce the probability of an early liquidation of the project. The empirical evidence supports the predictions of the model.

Journal ArticleDOI
TL;DR: This paper addresses the issue of how cultural change needs to be wrought alongside structural reorganisation and systems reform to bring about a culture in which excellence can flourish in such a complex system as health care.
Abstract: “ A student of management and organisation theory could only be stunned by how little the efforts to improve quality [in health care] have learnt from current thinking in management and from the experience of other industries .” Christian Koeck BMJ 1998; 317: 1267–8. Health policy in much of the developed world is concerned with assessing and improving the quality of health care. The USA, in particular, has identified specific concerns over quality issues12 and a recent report from the Institute of Medicine pointed to the considerable toll of medical errors.3 In the UK a series of scandals has propelled quality issues to centre stage45 and made quality improvement a key policy area.6 But how are quality improvements to be wrought in such a complex system as health care? A recent issue of Quality in Health Care was devoted to considerations of organisational change in health care, calling it “the key to quality improvement”.7 In discussing how such change can be managed, the authors of one of the articles asserted that cultural change needs to be wrought alongside structural reorganisation and systems reform to bring about “a culture in which excellence can flourish”.8 A review of policy changes in the UK over the past two decades shows that these appeals for cultural change are not new but have appeared in various guises (box 1). However, talk of “culture” and “culture change” beg some difficult questions about the nature of the underlying substrate to which change programmes are applied. What is “organisational culture” anyway? It is to this issue that this paper is addressed.Many previous policy reforms in the National Health Service (NHS) have invoked the notion of cultural change. In the early 1980s the reforms inspired by Sir Roy Griffiths led …

Journal ArticleDOI
TL;DR: In this paper, the authors examined the role of partnerships between original equipment manufacturers (OEMs) and their suppliers in improving the environmental performance of manufacturing operations and found that strong partnerships with suppliers, supported by appropriate incentive systems, were a significant element of the successful application of innovative environmental technologies.
Abstract: Automobile assembly plants worldwide face increasing pressures in the environmental arena. How a plant responds to these issues has significant implications for the cost and quality of plant operations. This paper uses three case studies of US assembly plants to examine the role of partnerships between original equipment manufacturers (OEMs) and their suppliers in improving the environmental performance of manufacturing operations. We find that strong partnerships with suppliers, supported by appropriate incentive systems, were a significant element of the successful application of innovative environmental technologies. Supplier staff members were an important part of achieving environmental performance improvements while maintaining production quality and cost goals. The management factors influencing the extent and nature of supplier involvement are identified. The results of this work point to the importance of suppliers in addressing the manufacturing challenges of the future.

Journal ArticleDOI
TL;DR: In this paper, the authors developed several firm specific measures in an attempt to triangulate in on the core construct of firm specific new product development capabilities, including scientific, technological, and managerial skills.

Journal ArticleDOI
TL;DR: In this paper, the main results of studies that have been carried out, during a period of more than a decade, at University of Pisa in co-operation with other technical Italian institutions, about models of electrochemical batteries suitable for the use of the electrical engineer, in particular for the analysis of electrical systems with batteries.
Abstract: This paper documents the main results of studies that have been carried out, during a period of more than a decade, at University of Pisa in co-operation with other technical Italian institutions, about models of electrochemical batteries suitable for the use of the electrical engineer, in particular for the analysis of electrical systems with batteries. The problem of simulating electrochemical batteries by means of equivalent electric circuits is defined in a general way; then particular attention is then devoted to the problem of modeling of lead-acid batteries. For this kind of battery, a general model structure is defined from which specific models can be inferred, having different degrees of complexity and simulation quality. In particular, the implementation of the third-order model, that shows a good compromise between complexity and precision, is developed in detail. The behavior of the proposed models is compared with results obtained with extensive lab tests on different types of lead-acid batteries.

Journal ArticleDOI
TL;DR: In this paper, a study utilizing a sample of international private banking customers is conducted wherein service quality is operationalized via two distinct and well-known measures, SERVQUAL and Technical/Functional Quality, which are subsequently compared and contrasted as to their ability to predict customer satisfaction.
Abstract: Examines the effects of service quality on customer satisfaction from two distinct methodological perspectives Specifically, a study utilizing a sample of international private banking customers is conducted wherein service quality is operationalized via two distinct and well‐known measures – SERVQUAL and Technical/Functional Quality These two service quality measures are subsequently compared and contrasted as to their ability to predict customer satisfaction To further assess the validity of these findings, two moderators of the service‐quality/customer‐satisfaction relationship are introduced and evaluated Finally, this research examines the potential utility of employing separate measures for customer satisfaction from the perspectives of both technical and functional aspects of the service delivery process Overall, our findings are of importance to service managers as they strive to identify efficient and effective approaches for improving quality The paper explores the theoretical and practical insights of the findings, including potential strengths and limitations of current service quality models with regard to their ability to define and explain the quality/satisfaction relationship

Journal ArticleDOI
TL;DR: This study empirically investigates the relationship between process maturity, quality, cycle time, and effort for the development of 30 software products by a major IT firm and finds that higher levels of process maturity are associated with higher product quality, but also with increases in development effort.
Abstract: The information technology (IT) industry is characterized by rapid innovation and intense competition. To survive, IT firms must develop high quality software products on time and at low cost. A key issue is whether high levels of quality can be achieved without adversely impacting cycle time and effort. Conventional beliefs hold that processes to improve software quality can be implemented only at the expense of longer cycle times and greater development effort. However, an alternate view is that quality improvement, faster cycle time, and effort reduction can be simultaneously attained by reducing defects and rework. In this study, we empirically investigate the relationship between process maturity, quality, cycle time, and effort for the development of 30 software products by a major IT firm. We find that higher levels of process maturity as assessed by the Software Engineering Institute's Capability Maturity Model™ are associated with higher product quality, but also with increases in development effort. However, our findings indicate that the reductions in cycle time and effort due to improved quality outweigh the increases from achieving higher levels of process maturity. Thus, the net effect of process maturity is reduced cycle time and development effort.

Journal ArticleDOI
TL;DR: The authors reviewed two approaches to the study of economic restructuring which focus on commodity-specific dynamics of change and found that the global commodity chain approach has a more coherent framework than the filiere approach, although it is still far from constituting a fully fledged 'theory'.
Abstract: This article reviews two approaches to the study of economic restructuring which focus on commodity-specific dynamics of change. The first is the global commodity chain (GCC) approach, which has been developed primarily for the analysis of industrial commodities.The second is the francophone filiere tradition, which has been applied mostly to agricultural commodities originating from former French colonies. The article finds that the GCC approach has a more coherent framework than the filiere approach, although it is still far from constituting a fully fledged 'theory'. The authors provide a number of suggestions for improving some of its key concepts. They also suggest that the GCC approach can be enriched by some of the insights gained in filiere work, especially in terms of improving historical coverage and depth, enlarging the analysis to agricultural commodities, better handling of regulation issues, and including quality convention issues in analysing commodity chain structure and restructuring.

Journal ArticleDOI
TL;DR: In this paper, the distribution of leisure time between the genders is investigated using indicators of the quantity and quality of leisure drawn from the Multinational Time Budget Data Archive and the Australian Time Use Survey.
Abstract: The distribution of leisure time between the genders is contested. Becker's theory of specialization suggests that there is an underlying gender equity in leisure, while the competing view suggests that women are now bearing a "dual burden" as both family providers and family carers. Using indicators of the quantity and quality of leisure drawn from the Multinational Time Budget Data Archive and the Australian Time Use Survey, we find some support for both views. Although men and women have similar quantities of free time; when the character of leisure is considered the gap between genders reemerges.

Journal ArticleDOI
TL;DR: The authors found that climate quality and consensus both had significant correlations with organizational antecedents and outcomes, but climate consensus did not contribute a significant increment to the prediction of organizational outcomes, while quality mediated many relationships between organizational antecents and outcome.
Abstract: Research has shown that climate quality (average climate ratings) is related to organizational antecedents and outcomes, but researchers have yet to examine climate consensus (the variance of climate ratings). Similarly, studies have investigated typical behavior (members' average performance), but have neglected behavioral similarity (within-group variance). Data from 1,196 members in 180 organizations were used to test relationships of climate quality and consensus with organizational antecedents and outcomes. Climate quality and consensus both had significant correlations with organizational antecedents and outcomes, but climate consensus did not contribute a significant increment to the prediction of organizational outcomes. Finally, quality mediated many relationships between organizational antecedents and outcomes.

Journal ArticleDOI
TL;DR: This article developed a generalizable typology of quality dimensions for durable goods that includes ease of use, versatility, durability, serviceability, performance, and prestige, and conducted a process-tracing laboratory experiment to examine how key marketing variables (price, brand name, and product attributes) affect consumers' judgment processes and inferences about how products perform on the six quality dimensions.
Abstract: Delivering quality products requires an understanding of the critical dimensions and cues that consumers use to judge quality. To that end, this article addresses two fundamental research issues. Using a qualitative study, the authors first develop a generalizable typology of quality dimensions for durable goods that includes ease of use, versatility, durability, serviceability, performance, and prestige. Second, the authors conduct a process-tracing laboratory experiment to examine how key marketing variables—price, brand name, and product attributes—affect consumers’ judgment processes and inferences about how products perform on the six quality dimensions. Results of the experiment indicate that consumers use price and brand name differently to judge the quality dimensions, searching for price and brand name much more frequently when evaluating prestige than when evaluating any other quality dimension. Results suggest that managers must determine the relevant quality dimensions for a product category and the cues that are salient for judging those dimensions.

Posted Content
TL;DR: The authors argue that participatory political systems are the most effective ones for processing and aggregating local knowledge and argue that a strategy of institution building must not over-emphasize best-practice blueprint at the expense of experimentation.
Abstract: This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that underpin them. The paper emphasizes the importance of local knowledge' and argues that a strategy of institution building must not over-emphasize best-practice blueprint' at the expense of experimentation. Participatory political systems are the most effective ones for processing and aggregating local knowledge. Democracy is a meta-institution for building good institutions. A range of evidence indicates that participatory democracies enable higher-quality growth.

Proceedings ArticleDOI
01 Apr 2000
TL;DR: The results suggest that both quality aspects can be independently perceived by users and almost equally contributed to the appeal of the tested software prototypes.
Abstract: The present study examines the role of subjectively perceived ergonomic quality (e.g. simplicity, controllability) and hedonic quality (e.g. novelty, originality) of a software system in forming a judgement of appeal. A hypothesised research model is presented. The two main research question are: (1) Are ergonomic and hedonic quality subjectively different quality aspects that can be independently perceived by the users? and (2) Is the judgement of appeal formed by combining and weighting ergonomic and hedonic quality and which weights are assigned?The results suggest that both quality aspects can be independently perceived by users. Moreover, they almost equally contributed to the appeal of the tested software prototypes. A simple averaging model implies that both quality aspects will compensate each other.Limitations and practical implication of the results are discussed.

Journal ArticleDOI
TL;DR: In this article, the authors test whether the association between board composition and earnings management activity differs between the pre- and post-Cadbury periods using a constant sample, and they find no evidence of an association between the degree of accrual management and the composition of the board of directors in the pre Cadbury period, while results for the post-cadbury period indicate less income-increasing acculal management to avoid earnings losses or earnings declines when the proportion of non-executive directors is high.
Abstract: Central to both the Cadbury Committee’s initial remit and its subsequent recommendations is the view that director integrity and board effectiveness play key roles in ensuring the quality and reliability of published financial statements. Using a constant sample, this paper tests whether the association between board composition and earnings management activity differs between the pre- and post-Cadbury periods. Earnings management is measured by the use of income-increasing abnormal accruals when unmanaged earnings undershoot target earnings. Results provide evidence of accrual management to meet earnings targets in both periods. However, while we find no evidence of an association between the degree of accrual management and the composition of the board of directors in the pre-Cadbury period, results for the post-Cadbury period indicate less income-increasing accrual management to avoid earnings losses or earnings declines when the proportion of non-executive directors is high. These results are consistent with the view that appropriately structured boards are discharging their financial reporting duties more effectively post-Cadbury.