Abstract This paper considers the use of multiple proxy measures for an unobserved variable and contrasts the approach taken in the measurement error literature to that of the model specification literature. We find that including all available proxy variables in the regression minimizes the...

Purpose A large number of empirical studies investigate the determinants of price-earnings (P/E) ratio by focusing on fundamental factors. However, there has been an increasing concern that stock valuation is also driven by investor sentiment. This paper aims to extend the existing literature by...

Purpose – The paper examines one of Scotland's major pork supply chains and seeks to identify the key risks and challenges involved in developing a resilient agri‐food supply system, particularly with regard to primary product supply, and to show how risk management and collaboration amongst...

Purpose This paper aims to provide guidance on how midstream social marketing can be used to understand and address wicked problems through adopting a collaborative systems integration approach conceptualised from a macromarketing perspective. Design/methodology/approach Rothschild’s...

This paper was prepared for presentation to the workshop on ‘The Developing EU — Institutional Changes and Enlargement’ at the Fifth International Public Relations Research Symposium, Bled, 10th–12th July, 1998. The paper presents an analysis and description of non‐governmental...

Purpose – The purpose of this paper is to derive operational principles from environmental ethics for business organizations to achieve sustainability. Design/methodology/approach – The paper analyses different levels on which business affects the natural environment. Individual biological...

Purpose The purpose of this paper is to examine the factors that influence Japanese consumer purchase intention toward products bearing animal welfare (AW) certification labels. Design/methodology/approach A conceptual model was developed with the constructs of informativeness, trust, consumer...

Purpose – The purpose of this paper is to investigate the demand for crop insurance. Moreover, farmer willingness to pay (WTP) for crop insurance was derived. Factors affecting the demand were also examined in a country where crop insurance products are not currently available. Sensitivity...