The business of social responsibility: Evidence from the garment industry in Northeast Thailand

Many business managers demonstrate a reluctance to engage fully with corporate social responsibility (CSR). They often perceive CSR as a cost and their CSR activities tend to be piecemeal and defensive. Such suboptimal outcomes can stem from a failure to appreciate a firm’s social assets. We suggest that firms have the potential to engage much more fully with CSR, in a manner that is consistent with a profit-maximizing approach to business. But managers need help in both gaining an awareness of the social contributions that they can make and in navigating their way through CSR issues. To this end, we outline a program of four-Ds, namely dialogue, data, design and delivery, to assist managers integrate CSR issues into their overall business strategies. Our case study of the garment industry in Thailand illustrates how CSR issues can be leveraged to increase worker productivity and deliver positive social and community health outcomes, despite operating in an area that is often subject to criticism

Migration, household composition and child welfare in rural Northeast Thailand

In many developing countries, the composition of rural households is influenced by the migration of adult household members to urban locations in search of employment. Children may be left in the care of their mother alone, or in the care of grandparents when both parents have migrated. Using representative data from a household survey conducted in rural Northeast Thailand in 2003, this paper investigates whether household composition has any effect on the welfare of children, as measured by anthropometric measurements including height-for-age, weight-for-age, and weight-for-height. Our findings suggest that household types other than nuclear families result in some significantly worse child nutritional outcomes. The implication is that governments should protect the welfare of the children of migrants, either through targeted programs or through increased opportunities for employment in rural areas

Recognising and building on freshman students' prior knowledge of economics

The results of three surveys of freshman economics students (2008-2010) at the Waikato Management School, New Zealand, suggest that incoming students have significant levels of prior economics knowledge. Given this head start in knowledge, we have expanded our freshman lecture material with more advanced content than students would normally encounter in a microeconomics principles class. This paper examines the sources of incoming students’ prior economics knowledge and discusses some of the changes made to the learning material. The changes relate principally to the links we make between students’ basic, prior economics knowledge and the more advanced learning content that demonstrates how formal economics training can add considerable value in thinking more deeply about current affairs, business issues and daily life experiences

Fault detection and location in DC systems from initial di/dt measurement

The use of DC for primary power distribution has the potential to bring significant design, cost and efficiency benefits to a range of power transmission and distribution applications. The use of active converter technologies within these networks is a key enabler for these benefits to be realised, however their integration can lead to exceptionally demanding electrical fault protection requirements, both in terms of speed and fault discrimination. This paper describes a novel fault detection method which exceeds the capability of many current protection methods in order to meet these requirements. The method utilises fundamental characteristics of the converter filter capacitance’s response to electrical system faults to estimate fault location through a measurement of fault path inductance. Crucially, the method has the capability to detect and discriminate fault location within microseconds of the fault occurring, facilitating its rapid removal from the network

THE INFLUENCE OF THE THREAT OF FLOODING ON HOUSING VALUES IN FARGO, NORTH DAKOTA AND MOORHEAD, MINNESOTA

The hedonic valuation method (HVM) was used to quantify the impact of the threat of flooding on housing values in Fargo, North Dakota and Moorhead, Minnesota (Fargo-Moorhead). Prices of 3,783 Fargo-Moorhead homes sold between 1995 and 1998 were regressed against structural housing characteristics, neighborhood and environmental indicators, and three flood risk variables. Being located in the 100-year floodplain lowered the sale price of an average home by $8,990 and approximately 81 percent of the price depreciation was associated with required flood insurance premiums. After the extensive 1997 flood, homes in the 100-year floodplain were on average priced$10,241 less than similar homes located outside the floodplain and before the 1997 flood event. The aftermath of publicity of the 1997 flood was specifically responsible for average 100-year floodplain homes being reduced by an additional $1,350. In contrast, homes in the 500-year floodplain on average sold for$3,100 more than similar homes not in the floodplain. It was concluded that homebuyers in Fargo-Moorhead place a value on flooding risk, that more disclosure is needed regarding the location of the 500-year floodplain, and that substantial housing value related benefits are likely to be generated by various flood mitigation projects in the area that result in a re-designation and reduction of the 100-year floodplain.Hedonic valuation method, flooding, floodplain, Fargo, Moorhead, Red River of the North, housing values, Community/Rural/Urban Development,