No description available.

The practice of parent-initiated school choice in China is characterized by the involvement of substantial amounts of money, various forms of capital, the explicit government policy of banning the practice in words but accommodating it in deeds. This research investigates the school choice situation in three middle schools in Nanning, China. Drawing on Bourdieu’s theory of the forms of capital and cultural and social reproduction and Brown’s Positional Conflict Theory, this thesis argues that the use of cultural, social and economic capital is widespread in the school choice process. With more capital of various types available, middle class families are at a competitive advantage compared to their working class counterparts in the current struggle to gain a place in a good school. The resources of the former families enable their children to gain more cultural capital through extracurricular enrichment activities, exercise more social capital through existing guanxi1 networks and focus more economic capital with which to pay large sums for choice fees, all of which result in the greater chances of entering a desired school. The change of the school admission policy since the mid-1990s from universal entrance examination for junior middle schools to the present school place assignment by proximity has resulted in an unintentional shift from meritocracy to “parentocracy”2. School choice effectively closes out opportunities for quality education for working class families, because they lack the cultural, social and economic capital that is necessary to “work the system”. As a result, school choice tends to insure the intergenerational transmission of existing social classes and to decrease the possibility of upward mobility for the next generation. 1 A network of contacts which an individual may draw upon to secure resources or advantage in the course of social life (see 4.1.2 for detail). 2 See Brown (1990).

Dynamic managerial capabilities are frequently viewed as a source of influence among decision-making managers within environments of volatility. Conversely, managers postulate that decision-making in rapidly changing environments is never perfect and faces a variety of influencing factors. In addition, industries represent a collection of firms that produce similar goods or services for a particular market. This recipe is often recognized by all industry related firms and adapted accordingly. Similarly, firms comprised as “incumbents” and “challengers” are firms that are well established in the industry and firms that seek to change the industry. Recognizing which influencers affect the managerial decision-making process is necessary to adapt and evolve a firm’s decision-making logic. This thesis presents a detailed study of the Hollywood Film Industry Recipe as it relates to the influencing factors within the green lighting process of feature films among incumbent and challenger studios. An inductive research approach is used to investigate four case studies throughout the Hollywood Film Industry. Two case studies are recognized as industry incumbents while the other two are recognized as industry challengers. The analysis identifies an industry recipe, firm adopted industry and adaptations, and dynamic managerial capabilities utilized through the influence of the process. In addition, an illustration of the industry recipes influence dynamic managerial capabilities adopted by firms. Findings suggest that dynamic managerial capabilities is an output of industry recipes adopted amongst firms, and that refinement of those capabilities is a circular renewal process between managerial judgement and firm/managerial dominant logics. In addition, industry recipes influence the way in which dynamic managerial capabilities are acquired, processed, and absorbed. This study contributes to the field of strategy as it suggests a coherent framework that illustrates how industry recipes influence incumbent and challenger studios within a given industry. Additionally, it also demonstrates how dynamic managerial capabilities are formed and structured based on the adopted industry recipe. Finally, it outlines how decisions are made by managers within incumbent and challenger firms, highlighting a circular process of decision-making with regards to the creation an distribution of an industry related product.

The existing literature proposes a broad spectrum of methodologies to measure firm's superior operating capabilities, referring to them under different names such as 'knowledge assets', 'intellectual capital', 'organisation capital', etc. Through the work reported in this thesis, I intend to contribute to the research field by exploring one specific measure of a firm's operating capabilities proposed by Lev, Radhakrishnan and Zhang (Abacus, 2009). These researchers empirically construct an organisation capital measure and argue it has predictive ability for future performance and is able to explain future abnormal stock returns in the USA. I extend their research to the UK. In doing so, I also critically discuss the organisation capital estimation process and propose potential improvements to the technique. I find evidence of its construct validity in the UK. I examine the organisation capital measure's predictive ability for future performance. The results suggest that this measure is positively associated with future sales growth in the UK. Additionally, the organisation capital measure seems to explain persistence of the operating income and sales of firms in the UK. Via value relevance tests, I obtain empirical evidence that the organisation capital measure is positively associated with equity market value in the UK. Moreover, it is positively associated with the earnings multiplier in value relevance tests. This finding is consistent with empirical evidence that the organisation capital measure is positively associated with one-year ahead earnings and positively affects earnings persistence in such an association in the UK. Finally, I fail to find evidence of the organisation capital measure's ability to explain future excess stock returns in the UK. This suggests that information on firm-specific operating capabilities captured by the organisation capital measure is recognised by the capital market participants and contemporaneously incorporated into stock prices. This result, however, contrasts with the Lev et al. (2009) findings in the USA that organisation capital is mispriced.

This study examines the role of board social and human capital in assessing the market value of firms in the UK context. As the world economy has shifted from manufacturing to service and knowledge-based economies, attributes such as knowledge, expertise, skills, ability and reputation are increasingly fundamental to the success of business enterprises. There is a growing consensus that these attributes are an increasingly valuable form of capital, asset or resource, despite their intangibility. In accounting, there are a number of problems arising from the accountability of non-physical, non-financial capital. Firstly, some forms of capital and certain assets are neither recognised nor presented in the statement of financial position. Secondly, some accounting practices relating to intangible assets are very conservative, resulting in undervalued assets and overstated liabilities. Consequently, there is an increasing gap between the book value and market value of firms. This gap restricts the relevance of information presented in financial statements and suggests that there is something missing in financial statements. This is the research problem being addressed in this study. While prior literature demonstrates that it has proven difficult to operationalise intangible forms of capital, there has been significant empirical attention and theoretical development in social and human forms. This thesis aims to contribute to accounting theory and practice by exploring the impact that board social and human capital have on firm market value. In light of extant research, it is hypothesised that social and human capital possessed at board level are positively related to the market value of firms. This study employs the Ohlson’s (1995) residual income valuation model to test the impact of social and human capital using a sample of UK firms listed on the FTSE All Share index for a period of 10 years (2001-2010). Social and human capital measures are derived from interlocking directorate ties and detailed biographic information of board directors. This study benefits from Pajek and Ucinet network packages to generate network maps and calculate positional metrics such as centrality and structural hole measures.

In this study similarities and differences in health experiences among urban poor in relation to the forms of capital they possess: economic, social, cultural, and health capital and the different positions they hold in the urban field, are analyzed. The research was conducted in two poor gecekondu neighborhoods in Altindag, Baraj and G&uuml / ltepe, via face to face interviews with 40 individuals. A main finding has been that the different forms of capital, in volume as well as in composition, had an influence on the urban poor&rsquo / s health perceptions, health care access, health seeking strategies and experiences in health institutions. The rural-urban migrants refer to a habitus in relation to health which still strongly relies on their rural practices. Major differences among men and women have been observed, where men seem to be more open to integrate into the urban dispositions. Economic capital plays a crucial role. Regular income earners do tend to emphasize that they have a certain autonomy and control over their health. On the other hand, benefit dependent poor mention that they have less control over their health. Economic capital can be seen as very much the same among the group studied, but the differences in health experiences rely strongly on Cultural capital is understood as their different identities: villager/non-villager / illiterate/ non-illiterate / women/men / healthy/non-healthy. Social capital (formal and informal solidarity networks) is studied as the role in health experiences, access to health care and strategies to use the existing health system / as well as how individuals support each other materially and immaterially. Social capital is important because it converts into economic capital, not as exchange but as use value. An analysis of the different forms of capital allows us to address at the interrelationship of structural conditions in the field and the practices actors experience through their internalized habitus. Health experiences therefore differ even among a socio-economic homogenous group. In addition to the above mentioned forms of capital, it is also argued that health itself should be considered as a form of capital. Health capital (self perceived health/illness and medically diagnosed disease) influences and is influenced by the other forms of capital.

Thesis (Ph.D.)--University of Western Sydney, 2009. / A thesis presented to the University of Western Sydney, College of Arts, Centre for Educational Research, in fulfilment of the requirements for the degree of Doctor of Philosophy. Includes bibliographies.

Research investigating women-owned businesses has developed considerably over the past two decades. There are, however, few British studies that have specifically focussed on growth oriented women-owned businesses. The current study aims to fill this gap. Its purpose is to explore the effect of social capital and human capital on the growth of women-owned enterprises in the UK. The research contributes to the knowledge of women's entrepreneurship as the first to study the moderating role of human capital in building and using social capital in the UK. It develops the theoretical premise that women entrepreneurs with higher human capital gain credibility and centrality in networks, accumulating social capital based on their importance for other network members and their business stakeholders. This mixed method study involves both collecting and analysing quantitative and qualitative data. Statistical analysis using SPSS was applied to analyse quantitative data collected through 517 on-line completed questionnaires from three different regions. The qualitative data collected through face to face interviews with 42 women entrepreneurs were also analysed and interpreted. The findings suggest that the social capital possessed by women entrepreneurs plays an important role in the growth of enterprises. Women entrepreneurs use different sources to build and use their social capital at different stages of growth and in different industry sectors such as manufacturing or services. Women entrepreneurs with higher human capital are more likely to identify opportunities, generate ideas and show creative thinking in introducing novel products, services, location, processes or systems, which makes their growth path exponential. There are implications of this study for women entrepreneurs to build and use their social and human capital for the growth of their enterprises. And there are also implications for politicians and business organisations, who must devise policies to develop opportunities for existing or potential women entrepreneurs for building their human based capital.

This thesis reports an exploratory, quantitative study into the implementation of strategic decisions. Implementation was viewed as a discontinuous organisational activity involving strategic change. The organisational vehicle of change is seen as "the project" and the specific unit of analysis adopted is the capital investment project. Manufacturing organisations were studied because these were shown to most frequently undertake such projects. Adopting a theoretical perspective derived from systems theory and cybernetics a model of implementation was developed which recognises two dimensions of implementation success (modes of organisational change) to be contingent upon a dimension of project uncertainty and two dimensions of information. From this model ten hypotheses were developed. Data on 45 projects was collected from a diversity of manufacturing companies. This was obtained using a structured questionnaire instrument administered to a single informant during a retrospective personal interview. Initially the data was analysed using principal components factor analysis to determine the factorial compositions and reliabilities of scales measuring theoretical constructs. Subsequently, causal modelling and stepwise regression techniques were employed to test the hypotheses. Analysis demonstrated that the essentially structural approach to implementation taken in the study adequately explained many of the observed associations between constructs. Hypothesised associations between organisational structure and implementation success could not, generally, be supported. Finally, the theoretical model adopted was not able to account for a number of empirically observed associations. These associations were explicable in terms of a behavioural or social dimension. The wider implications of the study are also discussed.

Thesis (Ph. D.)--State University of New York at Binghamton, Department of Economics, 2007. / Includes bibliographical references.