How Financial Managers Deal with Ethical Stress

This article explores the way public-sector financial managers cope with ethical challenges created by undue political pressure and demands for special treatment. A nationwide survey of financial managers revealed that fiscal stress exacerbates ethical pressure for most financial managers, including chief financial officers (CFOs) and those who report to CFOs. Financial managers do not work in an ethical vacuum; they respond to supervisors who encourage ethical action and to coworkers who demonstrate high standards of personal integrity. Supervisors of CFOs who emphasize political responsiveness in employee evaluations can threaten the ethical behavior of CFOs, while timely feedback can mitigate ethical pressure. In turn, CFOs as supervisors can temper the harsh work environment in fiscally stressed times by encouraging ethical action and by giving adequate feedback to those who report to them.     

Regulating the Trade in Recreational Drugs

This paper examines the market for illegal recreational drugs. Under the present regime of illegality, the law acts as a barrier to entry of other firms. It also restricts the information available to consumers. Both of these effects increase the market power of traders. Other negative consequences of illegality include the use of violence to enforce contracts, poor quality control and the use of illegal activities to finance the purchase of drugs.However, legalizing the trade is likely to lead to greater drug use in the long run. This follows from the addictive nature of recreational drugs. Initial use of the drugs will drastically reduce consumers' price elasticity at any given level of consumption. Firms can increase the extent of the market by using introduction strategies, reducing consumers' price elasticities. Since newly introduced consumers have no brand loyalty, introduction strategies are public goods for firms. Free rider problems will produce oligopoly and collusion. Legalization will lead oligopolistic firms to expand the market.To avoid these problems it is suggested that the recreational drugs industry should be nationalised, not legalised.     

Managing business political activities in the USA: bridging between theory and practice

The political arena in the USA is portrayed as a marketplace in which businesses and other groups compete to influence public policy decisions. Managers can view this political market as an opportunity to shape the rules of the game by which they operate but must realise that it is a very competitive arena. Drawing on concepts from business strategy advocacy activities like lobbying, making campaign contributions, and organising grassroots efforts are analysed in terms of opportunities for gaining competitive advantage. Results from case studies indicate that many businesses miss opportunities to build support among employees for political advocacy because few firms use bottom up approaches for political action committees or grass‐roots efforts. Suggestions for managers interested in improving the effectiveness of their business advocacy efforts are discussed. Copyright © 2001 Henry Stewart Publications     

The Examination of Commercial Printing Defects to Assess Common Origin,Batch Variation,and Error Rate*

Abstract: The examination of printing defects, or imperfections, found on printed or copied documents has been recognized as a generally accepted approach for linking questioned documents to a common source. This research paper will highlight the results from two mutually exclusive studies. The first involved the examination and characterization of printing defects found in a controlled production run of 500,000 envelopes bearing text and images. It was concluded that printing defects are random occurrences and that morphological differences can be used to identify variations within the same production batch. The second part incorporated a blind study to assess the error rate of associating randomly selected envelopes from different retail locations to a known source. The examination was based on the comparison of printing defects in the security patterns found in some envelopes. The results demonstrated that it is possible to associate envelopes to a common origin with a 0% error rate.     

The Ruff Neurobehavioral Inventory: Validity Indicators and Validity

This study examined the test validity of the respondent validity scales of the Ruff neurobehavioral inventory (RNBI). In a private practice sample of motor vehicle accident pain patients (n?=?54) without neurologic injury, the scores obtained for these scales were compared with and correlated with equivalent ones on the Millon clinical multi-axial inventory III (MCMI III) and the Detailed assessment of post-traumatic stress (DAPS). Results revealed that there was a consistent pattern of convergence and divergence in response styles across the three instruments. In terms of the RNBI interscale correlations, in particular, the results suggested that premorbid positive impression management and postmorbid negative impression management are related in this type of sample. These findings add to the concurrent validity of the RNBI, suggesting that the instrument provides relevant incremental information about the type of population studied. Limitations of the study and ideas for future research were discussed.     

Self-made "electric chair" for sexually motivated child abuse of children

A 52-year-old man had altered a wooden folding chair by placing two electrodes and a circuit underneath the seat. Using a remote control, he was able to give electric shocks to a person sitting on the chair. He used this device on more than 50 children, video-taping their reactions for his own pleasure. There are no reports that any of the children suffered a lasting damage to their health. The construction as well as the function and the electrical parameters of the chair were examined by forensic specialists. According to their expertise, the construction was not able to cause a potentially life-threatening condition when used with healthy children. The perpetrator was convicted for bodily harm etc.