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UOA 36 - Business and Management Studies

Loughborough University

RA5a: Research environment and esteem

1. Introduction
Loughborough University Business School’s staff occupy significant leadership roles in the research community (e.g. RAE panel member, editors of major journals), have contributed to significant developments in practice and policy (e.g. through Health & Safety Executive {HSE} and Department of Health funded work), contribute to the development of future researchers through our doctoral programme, from which students have produced work in major journals (e.g. Journal of Business, Finance and Accounting), and publish their own work in major international journals (e.g. Marketing Science).

Our primary aim is to produce internationally excellent research across the range of our activities that contributes to theory, practice, policy or a combination of these.

We have the following objectives:

  1. To develop a strong research-enabling environment;
  2. To allow staff the resources to pursue and develop their own research agendas;
  3. To disseminate our research through multiple paths, including academic outlets that are recognised as internationally excellent, and practitioner and policy outputs that have significant practical impact.

At the start of the current RAE period, the University gave the School a mandate to develop further the School’s research capability, and has invested substantially in the School’s research capacity and infrastructure. This has included the expansion of academic staffing, with the creation of 19 new posts. We have recruited an additional twelve lecturers, two readers/senior lecturers and five professors, including recruits from prestigious universities overseas (e.g. Michigan, UC-Davis). Some £4 million has been invested in an extension to the School’s building to expand staff offices and post-graduate research facilities. In addition to contract-funded researchers, the School funds five research assistants to support research activities in each research group.

Since RAE2001, the primary factor in making appointments has been research. We have sought to build critical mass in all the key business school research areas and built on existing strengths, such as the area of management science and information systems, highlighted in feedback from RAE2001 as being particularly strong. The research groups are: Accounting, Finance and Banking; Human Resource Management and Organisational Behaviour; International Business and Strategy; Management Science and Information Systems; and Marketing and Retail.

The emphasis on research across the School means that this submission contains over 92% (i.e. 59) of HEFCE-funded academic staff contracted to do research, and consists of researchers unified as a coherent body in one School. The size and disciplinary mix of staff provides an environment conducive to drawing together the disciplinary strengths of staff within single and multidisciplinary projects.

 

2. Progress since RAE2001
In RAE2001, the research mission was “to develop the Business School as an international centre of academic excellence in key areas and use that excellence to help industry and the professions, to benefit society, and to underpin total quality in education. In the longer term (i.e. beyond this RAE), our goal is to ensure that such excellence is maintained and developed as the School expands its research base.” We have achieved this and improved upon the RAE2001 mission.

Improvements from RAE2001 are evidenced both by the proportion of staff submitted for RAE2008 compared to RAE2001 (in 2001, <80%, 2007 >92%) and a shift in the quality and level of research.

In 2001, 3% of the outputs submitted to the RAE were conference contributions, compared to none for RAE2008. In 2001, 90% of outputs in the RA2 were in peer-reviewed journals compared to over 97% for RAE2008. This shift indicates a change in emphasis to more visible output that has undergone stringent external quality control. In line with our objectives, staff included in this RAE submission have produced work that various indicators suggest is of international standing. These indicators include: the more conservative of the various journal rankings; the international composition of editorial boards; the international reputation of journals’ editorial board members and their institutions; and reviewers’ comments.

Research income shows an upward trend since 2001. For example, compared to 2000/1, there was been an increase of over 200% in average research income in the years 2004/5-2006/7. Comparing 2001 with 2005-2007, there has been an increase of 189% in the average number of doctorates awarded per annum, and an increase of 283% from 2001 based on the 2006/7 average. These figures compare to a 64% expansion in returned staff from 2001.

Esteem indicators have also increased. For example, journal editorship activity has increased: 18 editorships/associate editorships and 19 guest editorships from 2001-2008 compared to eight and six respectively at RAE2001 (increases of 125% and 217%, compared to a 64% expansion in returned staff from 2001). Included in the editorships is joint editorship of the Journal of the Operational Research Society, noted as the journal that made the highest proportional contribution to 5*-rated departments at RAE2001 (Geary et al., 2004, BJM) and an area editorship of Marketing Science, a leading US marketing journal.

 

3. Research environment
The roles of the Director of School and Director of Research are largely facilitative, eschewing heavy-handed direction: diversity is encouraged. Groundbreaking theoretical and methodological work is valued as much as research that has a direct bearing on policy and practice, and staff frequently work across their disciplinary boundaries (section 4.1). Different types of research are treated as complementary - our experience is that each type of work triggers initiatives in other areas.

To illustrate this diversity, our research spans work using qualitative methodologies in accounting (Fitzgerald), information systems (Champion) and organisational studies (Cohen); through quantitative social sciences methodologies in export marketing (Souchon), organisational psychology (Daniels), information systems (Doherty), and international business (Buck); to work of an econometric and mathematical nature in finance (Davidson, Forbes), marketing (Gerstner, Raman), international business (X.Liu) and operations (Li, J.Liu, Wilson). Our work ranges from research with a prime focus on immediate practical application to research focused on theoretical or methodological development. For example, more practically oriented work includes CIMA funded work in accounting (Seal), industry funded work in retail marketing (Saker), Department of Health and HSE funded work in organisational psychology (Arnold, Cheyne), Department of Trade and Industry funded work on information systems (King, Yang) and emissions trading in international business (Hill). More theoretically oriented work includes research in organisational studies (Korczynski, Tyler) and mathematical finance (Tippett), as well as methodological developments in marketing (Cadogan, Diamantopoulos).

There is a strong international dimension to our research. We work with staff in US and other overseas institutions (e.g. Bochum, California, Case Western Reserve, Cornell, Connecticut, Florida International, Hong Kong, HKUST, MacQuarie, Michigan Ann Arbor, Missouri, Ohio). Specific details are given in section 4. The international dimension is also evident in the contexts in which some of our research is conducted. For example, there is work conducted in South America (Atzeni, Korzcynski, Wilkinson), Africa (Ackers), China (Buck, X.Liu, J.Liu), India (Ackers, Boocock, Cohen, Mayasandra),  Kuwait (El-Sawad), Malaysia (Boocock, King), Pakistan (Ataullah), Russia (Buck, Hill), USA (Cadogan) plus extensive work in Western Europe (e.g. Buck, Chizema, Cohen, Davidson, Loucopoulos, Ott, Saker). There is also work that uses cross-national surveys that include data from North America, Asia-Pacific or Eastern Europe (Cadogan, Daniels, Seaton, Souchon).

The University’s Research Office, University Library and Professional Development Unit help support research. The Research Office provides a complete service for the costing and pricing of research grants and contracts. It targets funding information, supports the drafting of applications and the negotiation of legal agreements, and provides post-award financial administration of grants and contracts. The office enables researchers to focus on the academic excellence of research in partnership with professional research support. The Library has seen a significant shift during the assessment period to on-line access for research journals. University e-journal subscriptions were above 6500 by 2006 compared with fewer than 1,000 in 2001. In the same period, journal subscriptions have increased from 3,235 to 7,547. Attendance at research training events, run by the University’s Professional Development Unit, is mandatory for probationers and strongly encouraged for researchers and doctoral students. Training includes topics such as Managing Projects; Research Ethics; Collaborative Research; Integrating Research and Teaching; Budgeting for Research Grant holders; Publishing Research; Preparing Research Bids.

The School provides the intellectual infrastructure for staff to articulate research goals and an enabling environment to achieve those goals. Examples are established research themes within research groups (section 4) and various methods to encourage information sharing and collaborative working (section 3.2). An example of the enabling environment is provided by the School’s investment of a significant proportion of its income in research development activities. In 2006/7, some £825,826 was budgeted, used for e.g. PhD studentships, seedcorn funding for research. This figure was is £913,383 in 2007/8 (see section 3.3).

3.1. Research governance
Research governance is at the heart of the School’s management. The School Director (Davidson) is an ex officio member of the Research Committee, and the Director of Research (Daniels) is an ex officio member of the School’s eight-person executive Management Group. Along with the School Director, the Director of Research sits on several other committees, including the School’s strategy group, all shortlisting committees for academic posts and meetings of the School’s Advisory Board (which consists of external members, including Roger Putnam, former Chairman Ford of Britain and John Sizer, former Chief Executive, SHEFC). The Director of School is centrally involved in negotiating resources with the University. Staffing needs are agreed by the Business School’s Human Resource Strategy Group, which includes the School Director, Director of Research and all of the Research Group Co-ordinators. Thus, high-level strategic resourcing and other decisions are strongly informed by the needs of the School’s research.

The Research Committee, chaired by the Director of Research, recommends research budgets, oversees the development of research activity and monitors progress of the Research Groups and post-graduate research. Others on the Research Committee include: the Deputy Director (Arnold), the Research Group Co-ordinators (Buck, Cadogan, Cohen, J.Liu, Tippett), Seminars Co-ordinator and Director of Post-graduate Research (Loucopoulos), Director of Post-graduate Training (Seal) and a representative of research staff. The Research Committee meets formally every term with additional meetings called as necessary.

The annual University-wide “personal research planning” process provides a way of reviewing progress and articulating achievable research goals over the following year. Each member of academic staff describes his/her research plans for the forthcoming year on a standardised pro forma. These are then discussed in a formal meeting with a Professor in the same research group. This processes facilitates mentoring and forward planning, regardless of seniority, by way of annual discussion. The School also uses the research plans in its biennial appraisal system. The plans are reviewed by a University committee chaired by the Pro-Vice-Chancellor (Research) and including senior experienced academics from all Faculties.

3.2. Staff development and support
The School encourages group-working within and between research groups (see section 4.1). This is reflected in office allocation policy, where staff are mixed rather than “ghetto-ised” by subject group or staff level to encourage cross-fertilisation of ideas.

We also encourage experienced researchers to work with less experienced researchers where this is possible. Examples include Arnold, Cohen, Buck, Doherty, Howcroft, Tippett and Wilson, each of whom has contributed to more than one article where the lead authors are lecturers or senior lecturers. Indeed, after “internationally excellent personal research performance”, “research leadership” is considered an essential criterion in shortlisting for chair appointments. Actively working with and mentoring mid-career and junior staff, and helping to foster a vibrant research culture are criteria in determining professorial remuneration. Mentoring is also provided through the research planning and appraisal processes (section 3.1).

As well as attracting senior Category A staff to develop our research capabilities, we have appointed several world-leading academics from overseas institutions as visiting professors. £10,000 per annum is allocated to fund visits by our visiting faculty and other visitors (typically for 2-5 days). Among the roles of visiting faculty, one is to meet with junior staff and doctoral students, in order to provide guidance on how to develop their research and likely future directions of their research fields. These visiting professors include: de Jonge (Eindhoven University of Technology), Lyytinen (Case Western Reserve University), Mantrala (Missouri), Okunev (Macquarie University), Rolland (University of Paris - Pantheon – Sorbonne), Savickas (Northeastern Ohio Universities College of Medicine), Schaufeli (Utrecht), Welch (University of British Columbia). Visits are also reciprocated, with Li visiting Welch in 2007 for example. The appointments build on close relationships and collaboration. For example, Loucopoulos is a member of a team headed by Lyytinen studying Requirements Engineering and funded by the US National Science Foundation. Raman works with Mantrala on the promotion mix.

Exposure to the activities of internationally excellent research comes through the School’s research seminar series and more specialist seminars organised by each of the research groups. On average, a research seminar takes place every week during September-June. School seminars have been led by speakers from institutions such as LSE, Warwick, Monash, Waikato, Maastricht and Rotterdam. Some of the research group seminars cover research techniques and processes. Examples of these include seminars on stochastic methods in finance, econometrics of panel data, research writing and applying for and managing research grants. As well as attendance from our own staff, School and group seminars have been attended by staff and research students from other departments from all three of Loughborough’s Faculties and neighbouring institutions (e.g. Leicester, Nottingham).

Research is given the highest priority in selection and promotion decisions. Since 2001, we have raised our expectations of research performance for both appointments and promotions. Staff are appointed if they are judged to make, or have the potential to make in the case of probationers, a positive contribution to improving the impact of our research and enhancing our research culture.

We have recruited across the range of seniority levels since 2001 to ensure a sustainable research base. During this period, there have been seven internal promotions to professor, four to reader and four to senior lecturer, where the overriding criterion has been research performance. We have used School funds to recruit five researchers on rolling contracts attached to each research group to support research. We have also made provision for research teams with a track-record of securing external funding to retain the services of contract researchers for up to 12 further months to secure follow-on funding.

The University supports probationers’ research by providing mandatory research training and capping probationers’ teaching loads to 50% of a lecturer's teaching duties over the course of a three-year probationary period. Staff completing probation are expected to have three peer-reviewed journal papers accepted for publication, or three pieces of equivalent quality, written during the period of probation. Probationers or those finishing probation in this RAE period have had papers published in outlets such as: Abacus, Accounting and Business Research, European Journal of Operational Research, Group and Organization Management, Human Relations, IEEE Transactions on SMC (part C), Industrial Marketing Management, Journal of Business Finance & Accounting, Journal of Occupational and Organizational Psychology, Journal of Vocational Behavior, Organization, Research Policy and Sociology.

To enable staff to spend extended periods solely on research, teaching allocations are negotiated within teaching groups, so that staff can load their teaching into one semester where possible. Staff are allowed to apply for a semester of sabbatical for every six semesters worked. Permission is dependent upon a suitable research plan being approved by the School and University, and the School’s Management Group audits outputs from sabbaticals.

Since RAE2001, 43 staff have taken 131 months sabbatical. Examples of outcomes arising from sabbaticals include Korczynski’s recent paper in Work and Occupations which, building on his AHRB funded research on music at work, was grounded in several months participant observation in a factory. Ackers used a Leverhulme Study Abroad fellowship to fund a six-month visit to the Indian Institute of Management in 2006 studying Indian industrial relations. This visit also facilitated development of research on call centres in India, with Cohen, El-Sawad and Mayasandra. Some of this work, by Cohen and El-Sawad, has already appeared in Human Relations.

3.3. Resourcing
The table below shows the funds made available by the School for research from RAE2001 to the present. These figures include funding for: PhD studentships; external support for teaching (e.g. tutorials) to free staff time for research; conference attendance and other activities; salaries for five research assistants funded by the School (appointed 2003/4); seedcorn projects; and IT, software and data-bases for research. Excluded are the new academic staff members’ salaries, £4m for the building extension, professorial start-up grants and library expenditure.

Table 3.1. School funding for research
Year
                            School funding ring-fenced for research activity
96-00 average
            £178,988
00 / 1
                          £226,761
01 / 2
                          £215,721
02 / 3
                          £306,718
03 / 4
                          £378,721
04 / 5
                          £538,668
05 / 6
                          £705,511
06 / 7
                          £825,826
07 / 8
                          £913,383

The Director of Research has overall control of research budgets, with operational control delegated to budget holders (e.g. Seminars Co-ordinator). Annually, all academic staff each have £2000 conference and other discretionary research funding, regardless of grade. There is also an annual seedcorn budget and an IT/software/data-base budget (both £25,000). Full-time PhD students are each allocated £400 per annum (£200 p/t) for research expenditure. As a group, research assistants are allocated over £12,500 per annum for conference attendance. Funds are also available for other activities: the Director of Research and School Director both have discretionary funds to allocate to research activities for students and all staff levels if the need arises, including the extension of externally funded researchers’ contracts. Where staff raise research income, 100% of academic staff-costed time is allocated to the investigators to re-invest in research activity.

Examples of the success of such resourcing are many, and include: a seedcorn grant awarded to X.Liu (when a probationer), which led subsequently to a paper in Research Policy with Buck, and grants from the British Academy and Leverhulme with Buck and Ott. Researchers funded by the School have contributed to papers in journals such as Human Relations and Industrial Marketing Management, and have contributed to the development of a successful research proposal to the HSE. Evidence for the impact of this level of resourcing on doctoral research is given in section 5.

Externally recruited chairs are given a start-up grant of £18,000 and internal promotions to chair are given start-up grants of £6,000. As an example of the success of this start-up funding, Daniels used his in 2004 to purchase over £7,000 of personal digital assistants (PDAs) and associated equipment to use in electronic diary studies. Development of this methodology led to: a paper in Human Relations with Travers; two research council funded PhD studentships; an invitation to participate in an expert panel on diary studies at the 2007 European Association for Work and Organizational Psychology conference, Stockholm; and a successful EPSRC application (£209,000) with Cheyne that included over £30,000 for additional equipment. One reviewer for the EPSRC described the methods as “state-of-the-art” and “leading-edge”. Similarly, Tippett used his start-up funds to purchase add-ons to the Datastream data-base, leading to publications with Ataullah, Higson and Shinozawa.

Purchase of research-related IT is driven by staff requests that are considered by the Director of Research. The School has purchased various data-bases and software for use by academic/research staff and students (Datastream {including International Bonds add-on}, Kompass, SPSS, STATA, n-VIVO, Comprehensive Meta-Analysis, HLM-6, EQS, LISREL, RATS, Limdep, Shazam, Gauss, XPRESS-MP {with its own dedicated processor}, Matlab, etc). The School has support from two IT Officers employed in the School and the University has a dedicated librarian for business, management and economics.

Resources are allocated evenly across the groups, including PhD studentships and new staff. Staff with more capital- and human resource-intensive research activities generate more research income in order to fund the additional capacity needed for their research (see RA4).

 

4. The Research Groups – Environment, Impact and Esteem
There are five research groups: accounting, finance and banking (AFB); human resource management and organisational behaviour (HRMOB); international business and strategy (IBS); management science and information systems (MSIS); and marketing and retail (MR). There is also considerable cross-group working, also described in this section.

Submitted staff have authored, co-authored or edited 31 books or major reports, 108 book chapters and 469 refereed journal papers in this period. Reflecting the impact of our research on our teaching, seven of the books are student texts, and 37 of the chapters were contributions to texts, although none of these teaching publications have been submitted in RA2.

Our esteem indicators are consistent with our objectives and the view that research development includes editorial work, conference organisation and service on professional bodies.

In addition to 18 editorships/associate editorships and 19 guest editorships since 2001, the School has been represented on the boards of 50 journals. Excluding early career researchers, over 63% of staff have served as editors, associate editors, guest editors or as editorial board members for peer-reviewed journals during this RAE period. The rest have reviewed for funding bodies and/or journals. Some 51% have been involved in delivering keynotes or invited conference contributions (38 such contributions), conference organisation (35 conferences/symposia), or committees of professional/practitioner bodies (32 bodies). Four out of ten early career researchers have served as ad hoc reviewers for journals including European Journal of Operational Research, Journal of Banking and Finance, Journal of Business Research and Journal of Management Studies. Nineteen staff have received 34 prizes, awards or fellowships between them.

Although too numerous to mention all, specific examples of esteem and academic and practical impact are given in the rest of this section.

4.1. Cross-disciplinary working
Staff commonly work across groups or with staff in other departments in the University. The success of such collaboration is evidenced by successful grant applications, publications and PhD supervisions.

Examples of cross-disciplinary working within the School include:

Work on IT, careers and health services, involving HRMOB (Arnold, Loan-Clarke, Hislop, Travers) and MSIS (Coombs, Doherty). Some of this has been funded by the Department of Health and includes publications in European Journal of Information Systems and Journal of Vocational Behavior.

Work involving MSIS (Doherty), AFB (McAuley) and MR (Hart), with work being published in Evaluation and Program Planning, Journal of Business Research and  Journal of Information Technology.

Human resource management issues in SMEs and innovation involving AFB (Boocock, Seaton) and HRMOB (Daniels, Loan-Clarke). Some of this has benefited from East Midlands Development Agency funding and the Higher Education Innovation Fund. Some of the work has been published in Journal of Organizational Behavior.

CIMA funded work on sustainability involving AFB (McAuley), IBS (Hill) and HRMOB (Wilkinson), leading to two reports for CIMA and a special issue of International Journal of Operations and Production Management (edited by Hill, Wilkinson).

Work on culture change in automotive retail involving MR (Saker, Cadogan) and HRMOB (Cheyne), funded by EPSRC.

Recently started work on outsourcing in India involving HRMOB (Ackers, Cohen, El-Sawad) and IBS (Mayasandra).

Service industries research involving HRMOB (Korzcynski) and IBS (Ott) that has realised outputs in Journal of Management Studies, Organization Studies and Sociology.

Work on export improvisation involving IBS (Hughes) and MR (Souchon), funded by a 2006 Academy of Marketing Research Award, and winner of the 2006 Academy of Marketing, Research Initiative Award.

Marketing of financial services in AFB (Howcroft, Hamilton), including two special issues, most notably one of the Journal of Marketing Management.

Performance measurement and management accounting in AFB (Fitzgerald), including papers in International Journal of Operations and Production Management and Journal of the Operational Research Society. Tippett (AFB) has published work applying non-linear methods to modes of decision making in Organizational Behavior and Human Decision Processes.

Additionally, staff benefit from a large group that uses structural equations modelling and related techniques spanning HRMOB, IBS, MSIS and MR. Many staff across groups benefit from expertise in statistical methods in AFB (particularly advice from Tippett).

Examples of work with other departments include:

Ackers with Hantrais (Politics, International Relations and European Studies), with work published in European Journal of Industrial Relations from an EU funded project.

Howcroft and Hamalainen with Hall (Economics), which includes work published in Journal of Business, Finance and Accounting.

Doherty, Champion, Yang, King, as part of the cross-University Informatics Research School, which has been supported by EPSRC and DTI grants.

Korczynski with Pickering (Social Sciences), on AHRB funded work on music at work.

Saker, as group leader for New Product Development and Process Research as part of the Innovative Manufacturing and Construction Research Centre, comprising mainly of staff from the Engineering Faculty, that receives considerable EPSRC funding. Daniels, by co-supervising an EPSRC studentship related to this funding stream, and Cheyne, on HSE funded work, collaborate with staff from Construction and Building Engineering.

4.2. Accounting, Finance and Banking (AFB)
Since RAE2001, the School has strengthened its research profile in the AFB area. Fitzgerald, Tippett, Forbes and Seal have joined the AFB Group as Professors. Younger academics (e.g. Ataullah, Hamalainen, Saridakis, Shinozawa) have also joined the group and work with established Professors. New research themes have emerged because of these developments.

General indicators of esteem for this group include:

Tippett’s co-editorship of British Accounting Review, with Davidson and Fitzgerald as associate editors;

Howcroft’s co-editorship of Service Industries Journal;

Editorial board membership, notably Journal of Business Finance and Accounting (Tippett) and Management Accounting Research (Seal);

Tippett as an executive member and past president of Conference of Professors of Accounting and Finance;

Fitzgerald’s membership of the Research Board of CIMA.

The group comprises individuals whose research agendas fall into three broad groups. These groups are far from orthogonal; e.g., Ataullah (banking) and Higson (management accounting) have published with Tippett (finance) on real options.

Management Accounting
Boocock, Fitzgerald, Higson, McAulay  and Seal research topics including corporate governance, fraud, supply chain management, venture capital, the interplay of strategy and performance and knowledge management. Boocock’s work on SMEs is financed by the Gatsby Foundation for entrepreneurial education, in addition to funded work with Daniels (section 4.1). Boocock is working with Mohd Noor Mohd Shariff (UTARA, Malaysia) on credit guarantee schemes. In September 2007, probationer Saridakis joined, who also works on SMEs. Saridakis won four best paper prizes at the 29th and 30th Institute for Small Business & Entrepreneurship Conferences (2006, 2007). Fitzgerald is working with Lamb (Connecticut) on developing her previous work on performance measurement and accountability in HM Customs and Excise. Higson gave a keynote address at the Accounting and Auditing in a Changing World: Current and Emerging Issues and Directions conference in Dubai in 2002. Seal continues his work on accounting for supply chains, accounting and management control, and management accounting in local government (supported by CIMA, 2001). Seal’s paper in Financial Accountability & Management was awarded the John Perrin prize for best paper in 2003. The practical impact of his work is evidenced by a CIMA report on budgetary control in local government.

Banking
Ataullah, Hamalainen, Hamilton and Howcroft’s work includes consumer attitudes toward risk, bank efficiency, credit scoring, syndicated loan market and market discipline and structure. Howcroft continues his work with Hamalainen and Hamilton on the market discipline of banks and of bank customer attitudes and behaviour. Much of this work is multidisciplinary (section 4.1). Hamilton has also published work with Thomas (Southampton) in this RAE period. When a probationer, Hamalainen received funding from the Committee of Heads of Accounting (CHA). Hamalainen was subsequently awarded a prize by CHA for his 2004 publication in Corporate Governance: An International Review. Howcroft’s contribution to this area is recognised by his visiting chair at Sodertons Hogskola, Stockholm, his Fellowship of the Chartered Institute of Bankers and invited presentations to the Workshop of the Goran Collert Research Foundation (2001) and the 2nd International Symposium on Retail Banking, Stockholm (2003).

Finance
Davidson, Forbes, Seaton, Tippett and Shinozawa’s work covers areas such as equity valuation and risk premia, behavioural finance, analyst coverage issues, raising of finance and corporate insolvency. Forbes is working with Seaton in developing his work on behavioural finance and analyst forecasts of company profits. Forbes’ work on Internet stocks, as well as being published in Omega, was the subject of a report to the Institute of Chartered Accountants of Scotland (2007). He is also working with Skerrett (Manchester) on post-earnings announcement drift. Davidson is working with Okunev (Macquarie, and visiting professor in the School) on the risk premium puzzle and Ismail (American University of Beirut) on European bank mergers. Davidson also managed a European Social Fund project on the development of African-Caribbean businesses in the UK. Tippett is working with Ataullah and Shinozawa to extend his work on real options. Amongst other publications, Tippett has five papers in Journal of Business, Finance and Accounting surplus to those listed in RA2. Tippett was also given an outstanding reviewer award for Journal of Economic Dynamics and Control (2006) and was listed amongst the most prolific authors in the accounting literature by Hasselback et al (Advances in Accounting, 2003).

4.3. Human Resource Management/Organisational Behaviour (HRMOB)
Members of the group collaborate extensively with each other, other groups, other British institutions and internationally. External networks have been expanded by an ESRC seminar series and seminars organised in Portugal and India (Ackers, Cohen, El-Sawad). Wilkinson’s shift from a 100% to 20% appointment in 2006, with the majority of his time spent at Griffith in Brisbane, has fostered international networks further. Wilkinson’s submitted work reflects work conducted at Loughborough and continuing collaboration with staff at Loughborough, such as recently published work with Tyler in Work, Employment and Society.

General indicators of esteem for this group include:

Arnold’s membership of the RAE2008 Business and Management sub-panel;

Editorships, most notably Journal of Occupational and Organizational Psychology (Arnold, editor; associate editor Daniels), International Journal of Management Reviews (Wilkinson, editor) and Human Relations (Daniels, associate editor from 1/12/2007);

Editorial board representation, most notably: British Journal of Management (Daniels); International Journal of Human Resource Management (Wilkinson); Journal of Vocational Behavior (Arnold); Work, Employment and Society (Ackers, Korczynski).

The following have been expert consultants on major research projects conducted at other institutions: Arnold (Health & Safety Laboratories); Daniels (Centre for Excellence in Leadership, Lancaster, Institute of Work Psychology, Sheffield, two projects for Institute for Employment Studies).

There are four major themes in the group.

Career Management and Professions
Work in this theme includes studies of:

professional and scientific career development (Arnold, Cohen, including funding from industry and ESRC);

careers in developing contexts (Cohen, El-Sawad, including funding from British Academy);

careers and family friendly practices (Cohen, El-Sawad, with Ackers, including funding for an ESRC seminar series);

staff turnover in public sector organisations (Arnold, Loan-Clarke, Wilkinson, including funding from two Department of Health grants).

Members of the group bring diverse perspectives to this theme, encompassing studies of a more quantitative and survey-based nature, through case study, discursive and critical methods.

Arnold’s work on careers has been recognised by election to Fellowship of the British Psychological Society, election to membership of the European Network of Organisational Psychology (membership of this group is restricted to around 30 eminent researchers) and a visiting scholarship at the University of Auckland. With Loan-Clarke and Wilkinson, his work has had major policy impact in the form of two major reports for the Department of Health on the attractiveness of the NHS as an employer. From this work, Loan-Clarke and Wilkinson along with Morrell (Birmingham) won the Personnel Review/Emerald award for best paper at the HRM in a Changing World Conference, April 2002. This paper was subsequently published in Personnel Review (2004).

On the basis of Cohen and colleagues’ 2004 paper on social constructionism in Journal of Vocational Behavior, Cohen was invited to give a plenary paper at the 2005 Society of Vocational Psychology (subdivision of American Psychological Association) conference in Vancouver. This was subsequently published in Journal of Vocational Behavior.

There have been three special issues edited by members of this group: British Journal of Guidance and Counselling (El-Sawad, Ackers, Cohen); and two of International Studies of Management and Organization (Wilkinson, Cohen and Arnold; Cohen and Duberley {Birmingham}).

Critical Perspectives on Employee Management
Work in this theme consists of ethnographic and critical research on: employment relations in service work (Korczynski); music at work (Korczynski, El-Sawad); gender, sexuality and the management of everyday activity (Tyler, Cohen); knowledge management; and new forms of work organisation (both Hislop). In this RAE period: Korczynski has been supported by two AHRC grants, a Nuffield grant and an ESRC seminar grant; Tyler by a British Academy grant; and Hislop by an ESRC grant prior to joining Loughborough.

Korczynski’s 2004 paper in Journal of Management Studies was reprinted in Little and Ray  Managing Knowledge: An Essential Reader (2005, Sage). A 2003 paper in Organization was chosen as one of the top fifty articles of the year by Emerald Management Reviews. His 2002 book has been well received, for example, “This book provides not only a refreshing evaluation of HRM in service work …. but also delivers a cogent, intellectually coherent and critical analysis’ (review in Human Resource Management Journal). In Legge’s updated version Human Resource Management: Rhetoric and Reality,  Korczynski’s book is described as an “excellent resource on the service sector”. Korczynski has co-edited the book Social Theory at Work (Oxford University Press), with Hodson (Ohio State University) and Edwards (Warwick).

There have been six guest editorships in this theme, most notably Group and Organization Management (edited by Korczynski with Prichard, Massey and Elmes, Worcester, United States). In 2006, the University of Sydney awarded Tyler a visiting scholarship.

Employment Relations and HRM
Work in this theme includes historical and empirical studies of organisational failure (Wilkinson, supported by an ESRC grant), industrial relations and trades unions, and employee involvement (Ackers, Atzeni, Korczynski, Wilkinson). Ackers has received funding from the British Academy and Leverhulme for some of this work.

Wilkinson and Ackers edited Understanding Work and Employment: Industrial Relations In Transition, Oxford University Press (2003). The book was discussed in Edwards’ plenary to the 2003 BUIRA Conference, Dickens' keynote to the Manchester IR Society in 2004 and received very positive reviews in British Journal of Industrial Relations, Industrial Relations Journal, Journal of Industrial Relations and Labour History Review. The book also informed the CIPD Change Agenda paper on “What is employee relations?”. Wilkinson also gave an invited paper to the 9th World Congress on Quality, Abu Dhabi (2004).

Quality of Working Life
Work in this theme is directed at: safety, especially in hazardous industries (Cheyne); well-being and stress at work (Daniels, Travers); and links between organisational and institutional processes, job design, cognition and emotion/mood (Cheyne, Daniels). Support has been obtained from industry (Cheyne, two grants), HSE (Cheyne, three grants, Daniels, two grants prior to joining Loughborough), ESPRC (Cheyne, Daniels), a trades union (Travers) and EPSRC and ESRC studentships (two of Daniels’ students). Daniels and de Jonge (visiting professor) are currently working on parallel projects on job design and coping with stress.

On the links between cognitive processes and emotions/mood, Daniels gave invited papers to three conferences, including the British Psychological Society Centenary Conference, 2001 – a special conference to celebrate 100 years of the British Psychological Society. As well as papers listed in RA2, other notable outputs from this stream of research include papers in Organization Studies,  Journal of Occupational and Organizational Psychology and Journal of Psychosomatic Research.

Regarding practical impact, HSE has published four reports by Daniels on work-related stress. One of these reports, co-authored with Briner (Birkbeck) and others, formed the basis of HSE’s Management Standards for Work Related Stress and has been described as a “prime example” of making academic research policy relevant (Wall, T.D., J. Occupational & Organizational Psychology, 2006, 79, p 164). Since 2001, Cheyne has been an Academic Visiting Scholar at the University of Valencia and has produced two reports for HSE.

4.4. International Business and Strategy (IBS)
This is the most recently established group, with four experienced members and four probationers. All but two members of the group were appointed after 2001, including Buck as Professor of International Business. The group has attracted funding from a variety of sources, and collaborates with internationally renowned researchers in other institutions. For example, Chizema with Winter (Bochum) and X.Liu with Shu (Hong Kong) and Wang (Greatwall Institute, Beijing). Buck is a member of the editorial board of Journal of Management Studies. There are two main research themes in the group.

Transitional and Emerging Economies
X.Liu researches economic transition with an emphasis on China, and has secured grants with Buck and Ott, to study, respectively: returnee entrepreneurs as vehicles for technology transfer (British Academy); and cultural change and business strategies in China (Leverhulme). Ott has also received funding from the British Academy for research on international joint ventures.

Mayasandra, a probationer since January 2006, specialises in ethnographic research within Indian outsourcing firms. Hill is an established expert on industrial pollution, particularly smoke emissions, in the former Soviet Union, with special reference to Russian carbon trading and the Kyoto agreement. Since 2001, he has been a member of the Chatham House Energy, Environment and Development programme, a member of the Chatham House (Moscow) programme on investment in Russia, and invited to DTI meetings of the Advanced Power Generation Technology Forum and Power Stations Action Group.

International Management
Work in this theme ranges from issues concerned with management of expatriates (Zimmermann) to Hughes’ work on export strategies, which has developed from his research on strategy in high-technology firms. Buck and Chizema address international corporate governance in general and executive pay in particular. This work has been funded by ESRC and, prior to Buck joining Loughborough, the Anglo-German Foundation.

Although only a probationer for two years, Hughes achieved 3rd place in the best paper competition at the 2006 Strategic Management Society conference. Buck edited a special issue of Management International Review and wrote an invited contribution (co-authors Bruce {Nottingham} and Main {Edinburgh}) to Journal of Management Studies in a 2005 Point-Counterpoint dialogue with major US executive pay experts (Gomez-Mejia and Wiseman). In addition to this work and that listed in RA2, Buck has also published work in the British Journal of Industrial Relations. Buck’s work on executive pay has been recognised by a front-page article in the FT on 4.8.04, a visiting chair at Strathclyde, and formed the theme of the ESRC Executive Pay conference in London that he organised (February, 2007). He has also made invited contributions to an OECD conference in Turkey (2002) and the Academy of Management (2006). His 1983 paper in Regional Studies, "Regional Policies in Retrospect: An Application of Analysis of Variance" (with Atkins) was included as a “classic paper” in the 40th Anniversary edition of this journal (April, 2007).


4.5. Management Science & Information Systems (MSIS)
There is considerable overlap across the group’s research themes with several staff (e.g. Elbanna, Loucopoulos, Yang) straddling both management science and information systems. There has been strengthening across the range of activity since 2001, with the appointments of Elbanna, Li, J.Liu, Loucopoulos, Sonmez and Yang.

General indicators of esteem for this group include:

Journal editing, most notably Wilson’s co-editorship of Journal of the Operational Research Society;

Editorial board membership: notably Information Systems Journal (Loucopoulos) and Journal of Scheduling (J.Liu);

Wilson’s  membership of the Publications Committee and Council of the Operational Research Society;

Loucopoulos’ membership of the British Computer Society’s panel on Distinguished PhD Theses in Computer Science.

There are three main research themes.

Scheduling and Logistics
Work on this theme includes technical scheduling (J.Liu) and logistics of planning major events (Loucopoulos). Both J.Liu and Loucopoulos collaborate with researchers in international networks (for example, J.Liu works with Wan, HKUST; Murty, University of Michigan Ann Arbor; Linn, Florida International University).

Prior to joining Loughborough, J.Liu received over HKD 6,000,000 (approx £400,000) from the Hong Kong research council and other sources (2001-2004). His 2002 and 2003 papers in Transportation Research: Part B Methodological were: a) ranked as the 25th and 13th most requested papers published in this journal from April 2002 to April 2004; and b) were part of a large scale project that won the Franz Edelman Finalist Award from INFORMS in 2004. J.Liu’s work has also been recognised by a visiting chair, Northeastern University, China. In addition to material in RA2, J.Liu's notable dissemination since 2001 includes papers in Decision Support Systems, European Journal of Operational Research (2), Transportation Research: Part E, International Journal of Production Research (2) and Journal of the Operational Research Society.

Prior to joining Loughborough, Loucopoulos was part of a multinational research team that received major EU funding (>€2,950,000) for work on the Athens Olympics, and funding from EPSRC and industry. Loucopoulos was awarded the 2005 President's Medal of the UK OR Society and the 2005 Franz Edelman Finalist Award for this work. Some of this work was published in his 2006 Interfaces paper. Loucopoulos’ paper in Business Process Management Journal was chosen by the editor as the outstanding paper for 2004.

Loucopoulos is recognised for his work by: Honorary membership of the Institute for Systems and Technologies of Information, Control and Communication; visiting chairs at Université de Paris I – Sorbonne and Athens University of Economics, membership of Association of Information Systems SIGSAND-Europe Advisory Committee; and election to membership of the International Federation for Information Processing Working Group 8.1 “Design and Evaluation of Information Systems”. He has given invited papers at the International Conference on Enterprise Information Systems, Portugal, 2004, DESS awards ceremony, University Paris-I Pantheon-Sorbonne, Paris, 2004, International Conference on Information Systems Development, Lithuania, 2004. He gave the Distinguished Keynote Address to International Workshop on Requirements Engineering for Information Systems in Digital Economy, 2005.

Algorithms, Heuristics, Decision Support Systems and Operational Research
Research here includes developments in algorithms using linear programming and tabu search for the generalised assignment problem and its variants (French, Wilson), cycle problems to optimally place facilities on networks (Wilson) and genetic algorithms for standard scheduling problems (Wilson). Work on this theme also includes continuation from last RAE period of research into validation of decision support systems (DSS). Recent work has shown how contingency factors influence the extent and conduct of validation of OR models (Wilson, supported by ESRC). There is also further DSS work on planning systems to avoid abuses of intellectual property (Sonmez).

Work on this theme also relates to transportation (Li), including work on origin-destination matrices in transport systems and estimation of missing values in traffic counts. Key developments in this transportation work include novel statistical algorithms to estimate rapidly the missing values caused by sensor malfunction, or absence, for traffic control use. Following Li’s 2006 Journal of the Royal Statistical Society Series B paper, Li was invited by the 2006 Royal Statistical Society to talk on this paper at the Royal Statistical Society conference. Only one paper published in each series of Journal of the Royal Statistical Society was selected for presentation to this conference.

Information Systems and Information Management
Work includes studies of the management of information security (Doherty, Yang), the human and organisational issues associated with information systems (Coombs, Doherty, King), the impact of IT within the NHS (Coombs, Doherty, supported by two EPSRC grants), the organisational impact of Enterprise Resource Planning applications (Champion, Doherty, Elbana) and the impact of the Internet in various contexts (Doherty, King, Loucopoulos). Since RAE2001, work on this theme has been significantly strengthened through the appointment of several new members of staff, working on information requirements and enterprise modelling (Loucopoulos), client-led design (Champion), designing systems for people (Elbanna) and the integration of IT systems (Yang). Yang has secured funding from Department of Trade and Industry and the British Council, and is working with King on the Department of Trade and Industry funded project.

There have been three special issues in this theme, most notably European Journal of Information Systems (Doherty, King). Probationer Elbanna was a co-author of a tribute to Enid Mumford published in Information Systems Journal, 2006. Another lecturer, Yang, was awarded the best paper prize at the 16th International Conference on Industrial and Engineering Applications of Artificial Intelligence and Expert Systems, 2003

4.6. Marketing and Retail (MR)
Group members work collaboratively within the group, with other groups and there are extensive international collaborations with researchers from other institutions. The group has been supported by appointments of Gerstner and Raman, both previously professors in US institutions, and Cadogan and Souchon as readers (Cadogan and Souchon were promoted to personal chairs in 2004 and 2007 respectively).

Members of this group maintain ties with academics in a wide range of schools in the UK and overseas. These include formalised visiting chairs and other active collaborative links with US schools (Axinn, Ohio; Naik, California; Siguaw, Cornell). Such collaborations have led to peer-reviewed journal articles since 2001, including work in Journal of International Business Studies. Reinforcing international links further and following a move to spending the majority of his time in Vienna, Diamantopoulos has a 20% appointment. His submitted output reflects work conducted at Loughborough.

General indicators of esteem are related to journal work, most notably:

Gerstner is an area editor for Marketing Science and is on the editorial board of Journal of Service Research;

Diamantopoulos is on the editorial boards of Journal of Business Research, Journal of International Business Studies, Journal of International Marketing and International Journal of Research in Marketing.

Raman is on the editorial board of Marketing Science;

Cadogan and Souchon are on the editorial boards of International Marketing Review and Industrial Marketing Management.

Three broad research themes characterise the group’s research.

Retail Behaviour and Service Quality
A range of retailing-related topics are studied by the group, from economic perspectives on retail competition (Dobson), pricing and service quality (Gerstner) to studies of retail operations, service quality and service behaviours (Hart, Jayawardhena, Rafiq). Hart and Rafiq’s work has been supported by industry funding. Included in this theme is work on automotive retailing, including product newness, manufacturer-retailer relationships, and retailer culture change (Saker, Smith). Research on automotive retailing has received over £2,300,000 funding from EPSRC, industry bodies and car manufacturers for nine separate projects. One EPSRC funded project received over £1,150,000 of “in-kind” contributions from Toyota. The findings from this project were disseminated worldwide by Toyota Europe’s marketing director.

Gerstner’s  other notable dissemination, not listed in RA2, includes two articles in Journal of Service Research, and an invited commentary in Marketing Science (2006, 601-603).

Dobson, nominated in 2006 by the Global Competition Review as “one of the world’s leading competition economists”, is the only full-time UK academic listed in “The International Who’s Who of Competition Lawyers and Economists”. He is also an Advisory Board Member of the American Antitrust Institute. He has made invited presentations to the UN (Geneva, 2005), OECD (The Hague, 2003), the UK Competition Commission (London, 2006) and the Hungarian competition authority (Budapest, 2005). His 2005 book, Buyer Power and Competition in European Food Retailing (Elgar), co-authored with Clarke (Cardiff), Davies (East Anglia) and Waterson (Warwick), was based on an extensive project for the European Commission. Quotes from reviews of this book include “valuable and courageous book” (Review of Industrial Organization), “timely and interesting overview of retail power….” (J. Retail & Distribution Management), “provides carefully researched insights into the European food retailing market with dexterity and clarity” (Service Industries Journal).

Jayawardhena gave an invited paper to the Annual Institute of Direct Marketing Conference in 2003. Rafiq co-edited a special issue of European Journal of Marketing (2003). Hart was a board member of Skillsmart (2002-2004) - the Retail Sector Skills Council (part of the DTI). Hart has been Chair of the Consortium of Retail Universities (1998-present), a member of the DTI Retail Innovation Group and E-Commerce Task Force and, from 2007, the HE representative on the Retail Sector Skills Council Steering Group of the new Diploma in Retail.

Saker is also a member of several Government and industry groups: the “Management and Leadership” panel, the “Automotive Industry Growth” team, “Automotive Skills Expert Working Panel” and Senior Advisory Panel for Automotive Management. He is on the designate board of the Academy for Automotive Skills and Chair of the National Advisory Board of the Institute of the Motor Industry. In 2004, 2005 and 2006, Saker was named in AM Magazine’s “Power 100” - the 100 most influential people in the automotive industry. Saker has given invited presentations to the Automotive Network Conference (2005), the Automotive Management Conference (2005) and was conference chair for the Financial Challenges in Motor Retail Conference (2007).

Dimensions of Promotion and Brand Building
The promotion mix is studied in several unique ways, including the performance consequences of salespeople’s attitudes and behaviours (Saker). Brand building research (Smith) has looked at the construction and extension of the brand image of traditional goods and services, as well as focusing on the branding of political parties and their leaders. Raman’s work on optimising and planning the promotion mix is currently funded by the British Academy. In a commentary on Raman’s 2003 paper with Naik in the Journal of Marketing Research, Professor Don Schultz stated: “It certainly is an area that could benefit from some radically new thinking such as these two professors have provided” (Marketing News, 2004).

International Marketing Strategy
Cross-national and comparative work is being undertaken (e.g., cross-cultural perceptions of product newness – Saker; international retailing - Rafiq). There is also work on export marketing strategy (Cadogan, Diamantopoulos, Souchon), including market orientation and interfunctional interactions; and market information use and export memory. Research in this area is characterised by the large scale cross-national studies of marketing resources. Cadogan’s research has received support from the British Academy.

Hooley, Greenley  (both Aston), Cadogan and Fahy’s (Limerick) 2005 Journal of Business Research paper generated significant international interest and debate. In 2006, Gibbert et al. published a comment on the paper in Journal of Business Research, together with an invited response to this comment. Cadogan was also invited to organise and chair a special session on “Market Driving in International Markets” at the Academy of Marketing Science 2006 Annual Conference.

Diamantopoulos’ paper in Journal of Marketing Research (2001) was the most cited article from that journal in the years 2000–2005. Amongst Diamantopoulos’ outputs not listed in RA2 are papers in Journal of Business Research (2), Journal of International Business Studies and International Journal of Forecasting.

 

5. Post-graduate research
We have made significant investments in post-graduate research. Since 2001, we have increased the number and level of scholarships provided by the School. We fund research assistants’ part-time fees and provide scholarships worth over £16,500 (including fees). These scholarships are awarded on a competitive basis. Since 2000/1, the School has provided an average 41% year-on-year increase in funding for studentships to £325,409 in 2007/8. Excluding early career researchers, 100% of submitted staff have been involved in supervision of research students from 2001. Four out of ten early career researchers are currently involved in research student co-supervision.

The University supports our post-graduate researchers through its Graduate School. Established in 2006, the objectives of the School are to enhance the experience of research students, oversee quality enhancement and co-ordinate training for postgraduate students. The Graduate School ensures the sharing of good practice among staff, organises a Postgraduate open day and has established a prize and conference fund. The QAA audit of 2006 approved the University’s provision of research degree programmes and commended the University for its admissions practice. Post-graduate students are also entitled to attend and are strongly encouraged to attend many of the same courses as research and probationary staff provided by the Professional Development Unit. This Unit also audits the acquisition of transferable skills by our research students, in accordance with the AHRB/Research Councils’ Joint Statement on Skills Training Requirements (2003).

There are several indicators of success for our post-graduate research programme.

First, our graduates are successful, as evidenced by their employment, prizes and the quality of publications based on the work of students registered in this RAE period.

One graduate (Morrell) won an ESRC post-doctoral award. He is now a senior lecturer at Birmingham. Three other graduates are now academic staff in the School (Chizema, El-Sawad, Hamalainen).

One graduate (Jafaar) was awarded the James Cooper Memorial Cup PhD Award for her PhD by the Chartered Institute of Logistics and Transport (2006), and Chizema was awarded the prize for best doctoral paper at the AIB UK Conference (2006). Another graduate, Johnstone and his supervisors (Ackers, Wilkinson) were awarded the prize for the best paper in Employee Relations (2004, 26, 353-376). In 2007, current student Ye was awarded £2000 in funding by CIMA.

As well as presenting papers at national and international conferences (e.g. Academy of Marketing Science), doctoral researchers have published or have had recently accepted papers in outlets such as:
Annals of Operations Research
British Journal of Industrial Relations
Human Relations
International Journal of Human Resource Management
International Journal of Management Reviews
Journal of Business Finance and Accounting
Journal of Occupational and Organizational Psychology
Journal of Vocational Behavior
Work, Employment and Society

Second, in 2006 and 2007, an average of 11.5 doctorates have been awarded per annum, compared to an average of seven per annum from 1996-2000 and three in 2001.

Third, in 2006, we shifted recruitment to higher quality doctoral researchers by increasing entry requirements (see section 5.1.). Even so, before 2006 we were still able to attract high quality doctoral researchers, as indicated by the employment, prizes and publications of our graduates.

Fourth, the PhD programme is accredited by the ESRC (1+3), and an ESRC studentship was awarded in 2005.

5.1. Selection and progress
We have increased the entry requirement for students, both for English (minimum TOEFL score of 600 or 6.5 IELTS score) and for the quality of applicants’ proposals. Once on the programme, the supervisor(s), supervisory panel system and the Research Training Programme provide support and monitoring of progress.

The main support is provided by the supervisor(s). Additional support is provided by the supervisory panel, which typically convenes twice a year FTE. The supervisory panel comprises the supervisor(s), a director for the student’s research and, if there is only one supervisor, an independent panel member. The supervisor and director must be experienced with doctoral supervision and research. Less experienced staff may co-supervise with an experienced supervisor or be the independent panel member.

From the academic year 2005/6, the MRes programme and associated Research Training Programme for first year PhD students has been taught entirely by Business School staff. Formerly, it was taught by staff from other departments in joint classes with students from other departments. Changes to the curriculum reflect this concentration on Business and Management. All modules are led by experienced researchers – six Professors, one Senior Lecturer.

5.2. Research support
Students are given an allowance of £400 (ft) or £200 (pt) a year each to fund attendance at workshops and conferences, and are actively encouraged to submit papers to national and international conferences. For high profile conferences (e.g. Academy of Marketing Science), additional discretionary funds are available (over £6,500 budgeted).

Research students have full access to the library, and are provided with their own desk-space and access to computers, printers and photocopiers. All students are housed in shared offices in the Business School building, have easy access to the same range of software as academic/research staff and, with their supervisor’s permission, can order up to 20 inter-library items per month.

 

6. Future research
Our strategy will be one in which we will continue to prioritise research in resourcing decisions in order to maintain and develop our research environment that allows staff to pursue their own research agendas, as we have outlined in section 1. One element of our future research strategy is to support and develop the contribution of our less experienced researchers to become more prominent. 

There is already evidence that this happening. For example, Saridakis has papers forthcoming in Empirica and Journal of Developing Areas, as well as papers under revision at British Journal of Industrial Relations and Journal of the Royal Statistical Society: Series A. Ataullah has several papers in preparation on the banking systems of developing countries and, in 2007, obtained funding from the Institute of Chartered Accountants of Scotland. Elbanna has an article forthcoming in the Journal of Information Technology. Hamalainen has established a network of academic contacts in Europe and the United States interested in market discipline in banking, and has a paper accepted for publication in Contemporary Economic Policy. Hughes has papers forthcoming in European Journal of Marketing (2). Ravishankar has a paper under third round review at Information Systems Research on out-sourcing to developing countries. Shinozawa has recently obtained research funding from the Japan Foundation Endowment Committee. Since 2006, Yang has obtained funding from DTI and the British Council. She has recently been awarded an EPSRC Industrial CASE Studentship with BAE systems.

Another element of our strategy is to support the evolution and develop further the international impact of our current research themes. Again, there is already evidence that this is happening, some of which is described in the next few paragraphs.

In the area of management accounting, McAuley has a paper on short-termism forthcoming in Strategic Management Journal. Seal has been awarded €20,000 by CIMA to research management accounting in the hospitality industry (with Mattimoe, Dublin City University).

In the area of careers research, Arnold has a forthcoming chapter in the highly regarded International  Review of Industrial/Organizational Psychology (with Cohen). He has recently been awarded an ESRC grant (with Loan-Clarke and Coombs), an ESRC seminar series grant (with Cohen) and a PhD studentship sponsored by British Telecom, Price Waterhouse Coopers and IFS ProShare. Tyler is part of a team recently awarded an ESRC Research Seminar Series on "Abjection and Alterity in the Workplace". In respect of job design and related cognitive and emotional processes, Daniels and visiting Professor de Jonge are working on a special section of Journal of Occupational and Organizational Psychology and, with Cheyne, Daniels has been awarded another EPSRC grant worth £256,155.

In the area of operational research, Wilson has papers forthcoming in Journal of the Operational Research Society and Annals of Operations Research. J.Liu has been awarded RMB 400,000 from the National Natural Science Foundation of China for collaborative research with Northeastern University of China, and has papers forthcoming in IIE Transactions and European Journal of Operational Research. There are recent joint projects involving staff in MSIS (Doherty, Champion, King, Yang) and other departments in the University, funded, for example, by EPSRC.

X.Liu has a paper forthcoming in Journal of World Business. Hughes’ collaboration with Souchon on export improvisation will continue as they exploit data collected as part of their Academy of Marketing Research Award, and will provide complementarities with Cadogan’s work on export marketing, which includes funding (with Nizam, Utara Malaysia) from the Malaysian Ministry of Education. Cadogan and Souchon have a paper forthcoming in Journal of Business Research, and Gerstner in Journal of Service Research. Cadogan has been appointed Co-Editor of the International Marketing Review from 2008. Hart has secured industrial funding from Waitrose. Saker has been awarded £152,240 by EPSRC for a joint project with staff in the Faculty of Engineering. The total funding for this project is £547,317.

To build on developments such as these, we will continue our engagement in the full range of research-related activities and continue to hold peer-reviewed dissemination as the “gold-standard” against which to judge research.