On the forecast accuracy and consistency of exchange rate expectations: The Spanish PwC Survey.

We examine the predictive ability and consistency properties of exchange rate expectations for the dollar/euro using a survey conducted in Spain by PwC among a panel of experts and entrepreneurs. Our results suggest that the PwC panel have some forecasting ability for time horizons from 3 to 9 months, although only for the 3-month ahead expectations we obtain marginal evidence of unbiasedness and efficiency in the forecasts. As for the consistency properties of the exchange rate expectations formation process, we find that survey participants form stabilising expectations in the short-run and destabilising expectations in the long- run and that the expectation formation process is closer to fundamentalists than chartists.

Role Expectations and State Socialization: Germany's Rediscovery of the Use of Force 1990-1995

This dissertation engages the question of why German political elites accepted the use of force during the 1990s and started to commit the country's armed forces to multilateral peacekeeping missions. Previous governments of the Federal Republic had opposed foreign deployment of the military and Germany was characterized by a unique strategic culture in which the efficacy of military force was widely regarded as negative. The rediscovery of the use of force constituted a significant reorientation of German security policy with potentially profound implications for international relations. I use social role theory to explain Germany's security policy reorientation. I argue that political elites shared a national role conception of their country as a dependable and reliable ally. Role expectations of the international security environment changed as a result of a general shift to multilateral intervention as means to address emerging security problems after the Cold War. Germany's resistance to the use of force was viewed as inappropriate conduct for a power possessing the economic and military wherewithal of the Federal Republic. Elites from allied countries exerted social pressure to have Germany contribute commensurate with capabilities. German political elites adapted role behavior in response to external expectations in an effort to preserve the national role conception of a dependable and reliable ally. Security policy reorientation to maintain Germany's national role conception was pursued by conservative elites who acted as 'role entrepreneurs'. CDU/CSU politicians initiated a process of role adaptation to include the use of force for non-defensive missions. They persuaded Social Democrats and Alliance 90/Green party politicians that the maintenance of the country's role conception necessitated a reorientation in security policy to accommodate the changes in the security environment.

Successful Navigation of the Conflict between Doctoral Education and Cultural Expectations of Child Rearing in Hispanic Culture

While the numbers are slowly rising, Hispanic students continue to be disproportionately underrepresented in all levels of higher education, including doctoral education. There are many factors that may contribute to the low numbers of Hispanic doctoral students; for Hispanic women, one of these factors may be the perceived conflict between cultural expectations of childrearing and doctoral education. For Hispanic students who hold strong cultural values, this conflict may prevent enrollment in, or result in attrition from, doctoral education. As the number of Hispanic college enrollment increases, we will see more students trying to navigate between the collectivistic value of childrearing and the individualistic value of pursuing higher education. Thus, it is important to understand the needs of these students to aid in recruitment and retention of student-parents in all levels of higher education. This paper explores the barriers and supportive factors for current Hispanic doctoral student-parents. Suggestions are made to increase support which will allow these individuals to successfully complete a doctoral education, while attending to the responsibilities of parenting.

El Offshore Outsourcing de sistemas de información en las empresas industriales españolas

Las empresas se enfrentan en la actualidad al reto de gestionar sus Sistemas de Información controlando costes, sin por ello renunciar a las ventajas competitivas de carácter estratégico que dichos sistemas pueden aportar. Por ello, muchas firmas buscan servicios informáticos más sofisticados a la par que competitivos y no dudan en contratarlos a proveedores extranjeros, lo que conocemos por offshore outsourcing. Las empresas industriales, tradicionalmente, no han estado tan a la vanguardia como las de servicios en la gestión de sus Sistemas de Información. Es por ello que en el presente trabajo tratamos de desvelar cuál es el estado del offshore outsourcing de sistemas de información en las empresas industriales españolas, analizando sus motivaciones y potenciales reticencias.

La Investigación en el área de Offshore Outsourcing de Sistemas de Información

El Offshore Outsourcing consiste en la externalización del trabajo relacionado con las Tecnologías de la Información a un proveedor localizado en un país diferente al cliente. Dado el creciente interés por el Offshore Outsourcing tanto en el mundo empresarial como académico, el presente trabajo realiza una revisión de la literatura en esta área. Se han analizado los artículos sobre el tema publicados en revistas de reconocido prestigio, examinando las metodologías de investigación, el nivel de análisis de los estudios, la perspectiva de datos, las teorías económicas más usadas, dónde se ubican los clientes y proveedores de estos servicios, qué tópicos son los más tratados y qué autores y países han aportado más hasta el momento en esta área. Las conclusiones destacan la falta de formalización teórica, el carácter fundamentalmente divulgativo y el mayor interés por conocer no sólo la perspectiva de los clientes sino también de los proveedores de estos servicios.

Outsourcing and strategy in Spanish town halls: a field study

Purpose – This study seeks to analyse the links between strategies, structures and processes in the case of the largest Spanish town halls, using the Miles and Snow's models about organisational strategies, and asking the following questions: “What is the situation of municipal services' outsourcing in the largest Spanish town halls?”; “Do Spanish town halls follow the strategies suggested in Miles and Snow's model?”; and “Is there a relationship between the strategic position adopted by town halls and their stance on outsourcing?”. Design/methodology/approach – In order to achieve these aims a questionnaire was administered to the human resource managers in the town halls of the largest Spanish cities. Findings – The paper finds that outsourcing is a complement, which seeks to improve the services delivered, and local institutions do not resort to it due to a lack of internal resources but as a way to complement their own capabilities. Originality/value – The paper has identified three distinct strategic profiles in the town halls interviewed which coincide with the profiles that Miles and Snow call prospective, defensive and reactive strategies. It reveals that town halls which outsource to a greater extent are the ones which identify more with the prospective or reactive strategy, whereas those which outsource less are closer to the defensive strategy.

Information systems offshore outsourcing: managerial conclusions from academic research

In the light of the growing interest raised by Information Systems Offshore Outsourcing both in the managerial world and in the academic arena, the present work carries out a revision of the research in this area. We have analysed 89 research articles on this topic published in 17 prestigious journals. The analysis deals with aspects such as research methodologies, level of analysis in the studies, data perspective, economic theories used or location of vendors and clients of these services; and it additionally identifies the most frequent topics in this field as well as the most prolific authors and countries. Although other reviews about the research in this area have been published, the present paper achieves a greater level of detail than previous works. The review of the literature in the area could have interesting implications not only for academics but also for business practice.

Information technology outsourcing in financial services

Regulatory pressures and strong competitiveness, as well as the need to control costs and remain up to date with information technologies have turned outsourcing into a basic tool at the disposal of financial entities. Our paper has as its aim to show the peculiarities of information technology outsourcing in the financial services industry, additionally suggesting a decision framework which can help firms minimise risks.

Outsourcing de sistemas de información: situación actual, evolución y tendencias

El objetivo de este trabajo es describir detalladamente cómo es el outsourcing de sistemas de información a través de los resultados de una encuesta realizada a las mayores empresas españolas. Se trata de un estudio longitudinal que aborda 12 años, ya que se contrastan los resultados actuales con los de 2 encuestas realizadas anteriormente en el mismo ámbito y por los mismos autores. Las conclusiones apuntan a un continuismo en la configuración del outsourcing y a un mayor grado de madurez en las características de los contratos.

Information systems outsourcing satisfaction: some explanatory factors

Purpose – The purpose of this paper is to analyse Information Systems outsourcing success, measuring the latter according to the satisfaction level achieved by users and taking into account three success factors: the role played by the client firm’s top management; the relationships between client and provider; and the degree of outsourcing. Design/methodology/approach – A survey was carried out by means of a questionnaire answered by 398 large Spanish firms. Its results were examined using the partial least squares software and through the proposal of a structural equation model. Findings – The conclusions reveal that the perceived benefits play a mediating role in outsourcing satisfaction and also that these benefits can be grouped together into three categories: strategic; economic; and technological ones. Originality/value – The study identifies how some success factors will be more influent than others depending which type of benefits are ultimately sought with outsourcing.

Razones y riesgos del outsourcing de sistemas de información en las grandes empresas españolas

El outsourcing de sistemas de información es una práctica habitual en las empresas en imparable crecimiento. Por ello resulta imprescindible conocer en profundidad cuáles son las razones que llevan a las empresas a externalizar y cuáles son los principales riesgos inherentes a esta práctica. El presente trabajo hace una propuesta de estas razones y riesgos y las valora en el caso de las mayores empresas españolas a través de una encuesta que se ha replicado por segunda vez. El análisis longitudinal permite trazar tendencias y evaluar la continuidad y el cambio en las razones y riesgos del outsourcing. Aunque las razones siguen una tendencia bastante estable, en los últimos años los riesgos se han modificado en cuanto a su valoración. En cualquier caso, la propuesta de razones y riesgos debería ser tenida en cuenta por los directivos, previa a cualquier decisión de outsourcing.

Changing Attitudes And Expectations In A University Setting: A Case Study

First and second year students enrolled in a four-year movement education based university Physical Education program completed a questionnaire regarding their expectations on entering university. In addition, graduates of the program were interviewed, one year after graduation, with regard to their understanding of and attitude towards movement education and how these had developed relative to their overall degree program. Most students had no knowledge of movement education prior to entering the program and the selection of this particular program was simply coincidental with their desire to pursue physical education. Whereas the students did participate in an activity course and a theory course in Year 1, it was only when participating in a Year 2 movement course which combined theory and practice within the same course that students recognized the movement base of the content. The progress of the students through the program reflects distinct declarative and procedural stages in knowledge development followed by an ability to generalize that knowledge a conceptual stage. The real understanding of movement education came as the students were required to teach movement education to students, children, and other groups.

Legal shifts : shaping expectations of intellectual property protection in an open innovation industrial environment

Projet de recherche réalisé en 2014-2015 avec l'appui du Fonds de recherche du Québec – Société et culture.