Share

Distribution by Scientific Domains
Distribution within Business, Economics, Finance and Accounting

Kinds of Share

  • employment share
  • expenditure share
  • factor share
  • firm share
  • greater share
  • information share
  • large share
  • larger share
  • lower share
  • market share
  • population share
  • relative share
  • rising share
  • significant market share
  • significant share
  • small share
  • species share
  • substantial share
  • vote share

  • Terms modified by Share

  • share a number
  • share analysis
  • share feature
  • share ownership
  • share price
  • share price response
  • share similarity
  • share turnover

  • Selected Abstracts


    COMPETITION FOR MARKET SHARE OR FOR MARKET SIZE: OLIGOPOLISTIC EQUILIBRIA WITH VARYING COMPETITIVE TOUGHNESS,

    INTERNATIONAL ECONOMIC REVIEW, Issue 3 2007
    Claude D'Aspremont
    For an industry producing a composite commodity, we propose a comprehensive concept of oligopolistic equilibrium, allowing for a parameterized continuum of regimes varying in competitive toughness. Each firm sets simultaneously its price and its quantity under two constraints, relative to its market share and to market size. The price and the quantity equilibrium outcomes always belong to the set of oligopolistic equilibria. When firms are identical and we let their number increase, any sequence of symmetric oligopolistic equilibria converges to the monopolistic competition outcome. Further results are derived in the symmetric CES case, concerning in particular the collusive solution enforceability. [source]


    Ascertaining late-life depressive symptoms in Europe: an evaluation of the survey version of the EURO-D scale in 10 nations.

    INTERNATIONAL JOURNAL OF METHODS IN PSYCHIATRIC RESEARCH, Issue 1 2008
    The SHARE project
    Abstract The reported prevalence of late-life depressive symptoms varies widely between studies, a finding that might be attributed to cultural as well as methodological factors. The EURO-D scale was developed to allow valid comparison of prevalence and risk associations between European countries. This study used Confirmatory Factor Analysis (CFA) and Rasch models to assess whether the goal of measurement invariance had been achieved; using EURO-D scale data collected in 10 European countries as part of the Survey of Health, Ageing and Retirement in Europe (SHARE) (n = 22,777). The results suggested a two-factor solution (Affective Suffering and Motivation) after Principal Component Analysis (PCA) in 9 of the 10 countries. With CFA, in all countries, the two-factor solution had better overall goodness-of-fit than the one-factor solution. However, only the Affective Suffering subscale was equivalent across countries, while the Motivation subscale was not. The Rasch model indicated that the EURO-D was a hierarchical scale. While the calibration pattern was similar across countries, between countries agreement in item calibrations was stronger for the items loading on the affective suffering than the motivation factor. In conclusion, there is evidence to support the EURO-D as either a uni-dimensional or bi-dimensional scale measure of depressive symptoms in late-life across European countries. The Affective Suffering sub-component had more robust cross-cultural validity than the Motivation sub-component. Copyright © 2008 John Wiley & Sons, Ltd. [source]


    SHARE: A superordinate online rural community

    PROCEEDINGS OF THE AMERICAN SOCIETY FOR INFORMATION SCIENCE & TECHNOLOGY (ELECTRONIC), Issue 1 2008
    Janet Capps
    Comprehensive School Reform in Rural K-8 Schools in the Southeast: Integrative Technologies for Quality Initiatives is a three-year technology intervention funded by the US Department of Education. As part of this project, teachers in eight rural K-8 schools in Georgia, Florida, and Alabama were given access to an online community Web-portal built on Sakai called SHARE (Schools Helping to Advance Rural Education). This Web-portal supports the project's goal to expand teachers' ability to access and exchange information by providing server space for each school community as well as the larger project community. Through SHARE, communities of teachers at the school level can create a new community of information exchange among all project teachers and across all project schools. The exchange at the higher project level creates a superordinate level. Data collected through multiple methods is used to make comparisons between teachers' attitudes and online information exchange practices in base-level communities and in the larger superordinate community established through the SHARE Web-portal. The four-tier pyramid of Hersberger, Murray, and Rioux (2007) is used to inform the evaluation of the teachers' information sharing activities and to assist in the assessment of the overall level of gratification or discontentment of the project's community of teachers. [source]


    Impact of a theoretically based sex education programme (SHARE) delivered by teachers on NHS registered conceptions and terminations: final results of cluster randomised trial

    CHILD: CARE, HEALTH AND DEVELOPMENT, Issue 3 2007
    Richard Reading
    Impact of a theoretically based sex education programme (SHARE) delivered by teachers on NHS registered conceptions and terminations: final results of cluster randomised trial . Henderson, M., Wight, D., Raab, G. M., Abraham, C., Parkes, A., Scott, S. & Hart, G. ( 2007 ) British Medical Journal , 334 , 133 , 6 . DOI: 10.1136/bmj.39014.503692.55. Objective To assess the impact of a theoretically based sex education programme (SHARE) delivered by teachers compared with conventional education in terms of conceptions and terminations registered by the National Health Service. Design Follow-up of cluster randomized trial 4.5 years after intervention. Setting National Health Service records of women who had attended 25 secondary schools in east Scotland. Participants A total of 4196 women (99.5% of those eligible). Intervention SHARE programme (intervention group) vs. existing sex education (control group). Main outcome measure National Health Service recorded conceptions and terminations for the achieved sample linked at age 20 years. Results In an ,intention to treat' analysis, there were no significant differences between the groups in registered conceptions per 1000 pupils (300 SHARE vs. 274 control; difference 26, 95% CI ,33 to 86) and terminations per 1000 pupils (127 vs. 112; difference 15, ,13 to 42) between ages 16 and 20 years. Conclusions This specially designed sex education programme did not reduce conceptions or terminations by age 20 years compared with conventional provision. The lack of effect was not due to quality of delivery. Enhancing teacher-led school sex education beyond conventional provision in eastern Scotland is unlikely to reduce terminations in teenagers. [source]


    WORKERS SHOULD HOLD SHARES IN THE COMPANY THEY WORK FOR

    ECONOMIC AFFAIRS, Issue 2 2002
    Geoffrey E. Wood
    No abstract is available for this article. [source]


    The effects of taxation on put-call parity

    ACCOUNTING & FINANCE, Issue 3 2009
    Karen Alpert
    G13 Abstract Share and option transactions are taxed differently, which means that the after-tax cash flows used to establish put-call parity will differ depending on which option is exercised. This paper derives the after-tax put-call parity relationship for European and American options with or without dividends. Using Australian data for the period July 1999 to June 2002, the after-tax put-call parity relationship explains 88.3 per cent of no-tax lower boundary violations and 78.8 per cent of no-tax upper boundary violations. The violation are larger for more thinly traded securities, providing some evidence that traders are able to profit from the tax discontinuities that affect investors in options. [source]


    On the Effects of Wage Pressure on the Unemployment Rate and Capital Share

    GERMAN ECONOMIC REVIEW, Issue 4 2006
    Takashi Ohno
    Wage pressure; increasing returns to scale; unemployment; capital share Abstract. The purpose of this paper is to understand the behaviour of the capital share and the unemployment rate in Europe over the past quarter of a century. We consider a model with monopolistic competition, increasing returns and an imperfect labour market, assuming that the elasticity between capital and labour is less than unity. Previous works have generally assumed constant returns to scale. Our results offer an important conclusion, namely that increased wage pressure will increase the unemployment rate and the capital share even though the latter initially decreases, which fits the stylized facts about the studied economies. [source]


    Falling Labor Share and Rising Unemployment: Long,Run Consequences of Institutional Shocks?

    GERMAN ECONOMIC REVIEW, Issue 4 2002
    Norbert Berthold
    The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is largely neglected. Job creation is often thought to be a matter of encouraging more employment on a given capital stock. In contrast, this paper explicitly deals with the long,run consequences of institutional shocks on capital formation and employment. It is shown that the usual tradeoff between employment and wages disappears in the long run. In line with an appropriation model, the estimated values for the long,run elasticities of substitution between capital and labor for Germany and France are substantially greater than one. [source]


    Do EMU Members Share the Same Business Cycle?,

    JCMS: JOURNAL OF COMMON MARKET STUDIES, Issue 5 2004
    CARLO ALTAVILLA
    The article analyses alternative approaches for dating the business cycles of a set of European monetary union (EMU) member states. First, the framework for analysing cyclical behaviour in economic activity is presented. Second, the dating algorithm is applied to both the classical cycle and the growth cycle in order to recover stylized facts of the business cycle in Europe. Third, the article utilizes different econometric techniques to evaluate the synchronicity of national cycles and the euro area aggregate cycle, and compare the results with that of the USA. A convergence analysis is also employed. Finally, a multivariate extension of the Hamilton-Markov switching model is constructed to analyse the euro area business cycle. The results suggest that, although during the main recessionary periods the euro area economies shared a similar output dynamic, some differences still remain in the size and timing of the business cycle features. The results also suggest that adhesion to the new currency area is likely to lead to stronger synchronization of EMU members' business cycles. [source]


    Market Share and Religious Competition: Do Small Market Share Congregations and Their Leaders Try Harder?

    JOURNAL FOR THE SCIENTIFIC STUDY OF RELIGION, Issue 4 2009
    Jonathan P. Hill
    A central claim of the religious economies model is that religious competition affects levels of religious participation and commitment primarily because religious competition pushes the suppliers of religion (religious leaders and organizations) to market their faith more vigorously and effectively. We examine whether U.S. congregations experiencing greater religious competition measured by their smaller religious market share do more to recruit new members, offer more services to current followers, and whether their clergy work longer hours. The efforts of congregations and clergy do vary substantially, but this variation is not related to their denomination's market share. The variations are also not due to religious pluralism, intradenominational competition, or evangelical market share. Members of small market share congregations are more committed, but this higher commitment does not appear to arise because religious suppliers are responding to religious competition. Several alternative explanations for the higher commitment levels of small market share groups are offered with a discussion of the implications for theories of religious competition. [source]


    Religious Market Share and Intensity of Church Involvement in Five Denominations

    JOURNAL FOR THE SCIENTIFIC STUDY OF RELIGION, Issue 1 2000
    Paul Perl graduate student
    Proponents of the supply side approach to religion theorize that religious market share,the proportion of people in a geographical area who belong to a given denomination,is inversely related to religious commitment in that denomination. They argue that a small market share motivates religious leaders to compete harder in the religious market place, increasing the participation of members. Another perspective, often associated with secularization theory, make the opposite prediction. It argues that people find it difficult to remain religiously committed in social environments where they are numerical minoritiesbecause other people do not reinforce their beliefs and practices. We use data from a large study of financial giving to analyze the relationship between market share and commitment for five denominations in the United States. We find that market share has a negative effect on church financial giving within all five denominations and a weaker negative effect on attendance in threeof the denominations. We explore whether these effects are the spurious byproducts of pro-religious cultural norms associated with either the South or the presence of conservative Protestants in local areas. In models pooling all denominations, the negative effect of market share on financial giving and attendance cannot be explained away by either of these factors. However, the effect on attendance can be accounted for by congregational size. [source]


    Earnings Management through Transaction Structuring: Contingent Convertible Debt and Diluted Earnings per Share

    JOURNAL OF ACCOUNTING RESEARCH, Issue 2 2005
    CAROL MARQUARDT
    ABSTRACT In this article we examine whether firms structure their convertible bond transactions to manage diluted earnings per share (EPS). We find that the likelihood of firms issuing contingent convertible bonds (COCOs), which are often excluded from diluted EPS calculations under Statement of Financial Accounting Standard (SFAS) 128, is significantly associated with the reduction that would occur in diluted EPS if the bonds were traditionally structured. We also document that firms' use of EPS-based compensation contracts significantly affects the likelihood of COCO issuance and find weak evidence that reputation costs, measured using earnings restatement data, play a role in the structuring decision. These results are robust to controlling for alternative motivations for issuing COCOs, including tax and dilution arguments. In addition, an examination of announcement returns reveals that investors view the net benefits and costs of COCOs as offsetting one another. Our results contribute to the literature on earnings management, diluted EPS, financial reporting costs, and financial innovation. [source]


    Do Acquirers Manage Earnings Prior to a Share for Share Bid?

    JOURNAL OF BUSINESS FINANCE & ACCOUNTING, Issue 5-6 2008
    Antonia Botsari
    Abstract:, Earnings management by acquirers ahead of share for share bids may affect whether a bid succeeds, and hence which management team controls the target's assets, as well as the distribution of gains between target and acquirer shareholders. This paper tests for such earnings management for the UK, the world's second largest takeover market, in the period 1997,2001 when M&A reached record levels and share for share deals came to account for the majority of expenditure. Using a range of approaches originating in Jones' model, the paper finds evidence consistent with earnings management ahead of share-financed bids. [source]


    Discussion of Do Acquirers Manage Earnings Prior to a Share for Share Bid

    JOURNAL OF BUSINESS FINANCE & ACCOUNTING, Issue 5-6 2008
    Steven Young
    First page of article [source]


    Kidney and Pancreas Transplantation in the United States, 1999,2008: The Changing Face of Living Donation

    AMERICAN JOURNAL OF TRANSPLANTATION, Issue 4p2 2010
    D. A. Axelrod
    The waiting list for kidney transplantation continued to grow between 1999 and 2008, from 41 177 to 76 089 candidates. However, active candidates represented the minority of this increase (36 951,50 624, a 37% change), while inactive candidates increased over 500% (4226,25 465). There were 5966 living donor (LD) and 10 551 deceased donor (DD) kidney transplants performed in 2008. The total number of pancreas transplants peaked at 1484 in 2004 and has declined to 1273. Although the number of LD transplants increased by 26% from 1999 to 2008, the total number peaked in 2004 at 6647 before declining 10% by 2008. The rate of LD transplantation continues to vary significantly as a function of demographic and geographic factors, including waiting time for DD transplant. Posttransplant survival remains excellent, and there appears to be greater use of induction agents and reduced use of corticosteroids in LD recipients. Significant changes occurred in the pediatric population, with a dramatic reduction in the use of LD organs after passage of the Share 35 rule. Many strategies have been adopted to reverse the decline in LD transplant rates for all age groups, including expansion of kidney paired donation, adoption of laparoscopic donor nephrectomy and use of incompatible LD. [source]


    Transboundary Aquifers: A Global Program to Assess, Evaluate, and Develop Policy

    GROUND WATER, Issue 5 2005
    S. Puri
    Transboundary aquifers are as important a component of global water resource systems as are transboundary rivers; yet, their recognition in international water policy and legislation is very limited. Existing international conventions and agreements barely address aquifers and their resources. To rectify this deficiency, the International Association of Hydrogeologists and UNESCO's International Hydrological Programme have established the Internationally Shared (transboundary) Aquifer Resource Management (ISARM) Programme. This multiagency cooperative program has launched a number of global and regional initiatives. These are designed to delineate and analyze transboundary aquifer systems and to encourage riparian states to work cooperatively toward mutually beneficial and sustainable aquifer development. The agencies participating in ISARM include international and regional organizations (e.g., Organization of American States, United Nations Environment Programme, United Nations Economic Commission for Europe, Food and Agriculture Organization, and South African Development Community). Using outputs of case studies, the ISARM Programme is building scientific, legal, environmental, socioeconomic, and institutional guidelines and recommendations to aid sharing nations in the management of their transboundary aquifers. Since its start in 2000, the program has completed inventories of transboundary aquifers in the Americas and Africa, and several ISARM case studies have commenced. [source]


    Market Shares, Financial Constraints and Pricing Behaviour in the Export Market

    ECONOMICA, Issue 276 2002
    Nils Gottfries
    A structural dynamic model of price and quantity adjustment is estimated on time series data for exports and export prices. Two sources of dynamics are considered: customer markets and preset prices. As predicted by the customer market model, the market share adjusts slowly after a change in the relative price and financial conditions affect prices. Prices are found to be sticky in the sense that they do not reflect the most recent information about costs and exchange rates. A parsimoniously parameterized structural model explains about 90% of the variation in market share and the relative price. [source]


    How to Cut the Seigniorage Cake into Fair Shares in an Enlarged EMU

    JCMS: JOURNAL OF COMMON MARKET STUDIES, Issue 5 2007
    JØRGEN DRUD HANSEN
    The European Central Bank redistributes each year seigniorage from issuing euro notes to the National Central Banks of the euro countries. The key for this redistribution is, from 2008, based on the respective GDP and population proportions of the euro countries. Applying the distribution formula to the new EU countries from central and eastern Europe seems to give these countries a large net benefit compared with the seigniorage they bring in, i.e. their share of currency in circulation. However, as argued in this article, currency demand in the new EU member countries is expected to increase relative to the present group of euro countries , especially after gaining membership in the EMU because of integration of the financial markets and, in the longer term, catching-up growth. Hence, it is doubtful whether a large unintended redistribution of seigniorage to the benefit of acceding EMU countries will materialize in the future. [source]


    Nile Basin: Demand for Equal Shares

    AFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 9 2009
    Article first published online: 2 NOV 200
    No abstract is available for this article. [source]


    Discounts in Placing Pre-renounced Shares in Rights Issues

    JOURNAL OF BUSINESS FINANCE & ACCOUNTING, Issue 7-8 2007
    Seth Armitage
    Abstract:, The paper presents evidence from UK rights issues on the discounts at which large blocks of new shares plus rights are sold. The shares are renounced by the shareholders entitled to them and placed with passive investors at substantial discounts of around 8% to the expected ex-rights midpoint price of the existing shares. Tests indicate that the discounts arise because of uncertainty about issuer value and inelastic demand for the shares rather than because the issuing companies are overvalued. The finding that selling renounced shares is costly removes an apparent advantage of rights issues compared with open offers and private placings. [source]


    Regimes of Interest Rates, Income Shares, Savings and Investment: A Kaleckian Model and Empirical Estimations for some Advanced OECD Economies

    METROECONOMICA, Issue 4 2003
    Eckhard Hein
    ABSTRACT The first part of the paper deals with the effects of an exogenous variation in the monetary interest rate on the real equilibrium position of the economic system in a Kaleckian effective demand model. Different regimes of accumulation are derived and it is shown that a negative relation between the interest rate and the equilibrium rates of capacity utilization, accumulation and profit usually expected in post-Keynesian theory only exists under special conditions. In the second part the model is applied to the data of some major OECD countries, the relevant coefficients are estimated and the relevance for an explanation of the course of GDP and capital stock growth since the early 1960s is discussed. [source]


    Supply, Factor Shares and Inflation Persistence: Re-examining Euro-area New-Keynesian Phillips Curves,

    OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 2004
    Peter McAdam
    Abstract Using euro-area data, we re-examine the empirical success of New-Keynesian Phillips curves (NKPCs). We re-estimate with a suitably specified optimizing supply side (which attempts to treat non-stationarity in factor income shares and mark-ups) that allows us to derive estimates of technology parameters, marginal costs and ,price gaps'. Our resulting estimates of the euro-area NKPCs are robust, provide reasonable estimates for fixed-price durations and discount rates and embody plausible dynamic properties. Our method for identifying the underlying determinants of NKPCs has general applicability to a wide set of countries as well as of use for sectoral studies. [source]


    The Liquidity of Property Shares: An International Comparison

    REAL ESTATE ECONOMICS, Issue 3 2009
    Dirk Brounen
    This article investigates the magnitude and determinates of share liquidity over the 1990,2007 period in the world's four largest securitized real estate markets: the United States, the United Kingdom, Continental Europe and Australia. We document a significant and consistent role for market capitalization, nonretail share ownership and dividend yield as drivers of liquidity across markets. We also document significant differences in liquidity across countries and between property and nonproperty companies. Also striking is the lack of correlation among our three measures of liquidity across property firms and time. This supports the notion that share price liquidity is multifaceted and therefore reliance on any one measure of liquidity in empirical work may produce misleading conclusions. Although we find some evidence of a connection between liquidity and firm value, it is less conclusive than prior studies. [source]


    Mediation and feminism: Common values and challenges

    CONFLICT RESOLUTION QUARTERLY, Issue 1 2000
    Marsha Lichtenstein
    Mediation, and transformative mediation in particular, share several values, despite feminist criticisms of mediation. This article discusses three of the elements that mediation and feminism share. Both promote self-determination, both encourage strengthening values such as empathy and caring in the public sphere, and both deal with the issue of power and have attempted to redefine power to include behaviors other than dominance. Because feminism has gone through the growing pains of shifting from a homogeneous and middle-class movement to a colorful pluralistic social movement, it may serve as a model for the mediation movement as it expands and faces the demands of a demo-graphically diverse constituency. [source]


    Ethical investment and the incentives for corporate environmental protection and social responsibility

    CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, Issue 4 2003
    Iulie Aslaksen
    This paper addresses some interrelated questions regarding ethical investments: does ethical screening provide any incentives for improved social responsibility within firms? Are ethical screened portfolios competitive compared with conventional funds with respect to risk-adjusted return? Does the risk-adjusted return of a screened portfolio depend on the screening strategy applied? Considering ethical screening as a kind of segmentation of the equity market, it is shown that screening might create incentives for changes in firms' behaviour. The strength of this incentive depends on the relative share of screened portfolios, which in turn partially depends on the financial performance of the screened portfolios. While some theoretical arguments suggest that screening imposes a handicap compared with conventional portfolios, the empirical evidence does not suggest that screened portfolios systematically under-perform conventional portfolios. Copyright © 2003 John Wiley & Sons, Ltd and ERP Environment. [source]


    Information Processing and Firm-Internal Environment Contingencies: Performance Impact on Global New Product Development

    CREATIVITY AND INNOVATION MANAGEMENT, Issue 3 2010
    Elko Kleinschmidt
    Innovation in its essence is an information processing activity. Thus, a major factor impacting the success of new product development (NPD) programs, especially those responding to global markets, is the firm's ability to access, share and apply NPD information, which is often widely dispersed, functionally, geographically and culturally. To this end, an IT-communication strength is essential, one that is nested in an internal organizational environment that ensures its effective functioning. Using organizational information processing (OIP) theory as a framework, superior global NPD program performance is shown to result from an effective IT/Communication strength and the commitment components of the firm's internal environment, which are hypothesized to moderate this relationship. IT/Communication strength is identified in this study in terms of two components including the IT/Comm Infrastructure and IT/Comm Capability of the firm, whereas the moderating internal environment of the firm incorporates Resource Commitment and Senior Management Involvement. Data from a major empirical study of international NPD programs (382 SBUs) are used to develop and test this model. Based on a hierarchical regression analysis, the results are substantially supportive, with some unexpected findings. These shed light on the complex relationships of the firm's internal environment, OIP competency, and global NPD program performance. [source]


    Optimizing Service Attributes: The Seller's Utility Problem,

    DECISION SCIENCES, Issue 2 2001
    Fred F. Easton
    Abstract Service designers predict market share and sales for their new designs by estimating consumer utilities. The service's technical features (for example, overnight parcel delivery), its price, and the nature of consumer interactions with the service delivery system influence those utilities. Price and the service's technical features are usually quite objective and readily ascertained by the consumer. However, consumer perceptions about their interactions with the service delivery system are usually far more subjective. Furthermore, service designers can only hope to influence those perceptions indirectly through their decisions about nonlinear processes such as employee recruiting, training, and scheduling policies. Like the service's technical features, these process choices affect quality perceptions, market share, revenues, costs, and profits. We propose a heuristic for the NP-hard service design problem that integrates realistic service delivery cost models with conjoint analysis. The resulting seller's utility function links expected profits to the intensity of a service's influential attributes and also reveals an ideal setting or level for each service attribute. In tests with simulated service design problems, our proposed configurations compare quite favorably with the designs suggested by other normative service design heuristics. [source]


    Sustainable Responsible Design: Insights from Wales (UK)

    DESIGN MANAGEMENT REVIEW, Issue 3 2005
    Frank O'Connor
    As Frank O'Connor and Iain Cox share two cases to illustrate what Design Wales is doing to promote responsible design among SMEs, it is evident that several elements are needed to implement what turns out to be a complex mandate. Governments must support the agenda with appropriate policy. Companies must make the commitment to value-based brands. Designers have to contribute relevant expertise, and consumers must to be willing to buy. [source]


    Innovation,What's Design Got to Do with It?

    DESIGN MANAGEMENT REVIEW, Issue 1 2004
    Bettina von Stamm
    If the goal is innovation, then Bettina von Stamm is sure design is an essential component in realizing that goal. She celebrates the differences between designers and other functions and documents how their unique perspectives can improve business performance, help expand market share, and leverage bottom-line results. She believes design must be an in-house expertise and outlines strategies to integrate design and designers into the innovation effort. [source]


    BENEFITS TO RESEARCH SUBJECTS IN INTERNATIONAL TRIALS: DO THEY REDUCE EXPLOITATION OR INCREASE UNDUE INDUCEMENT?

    DEVELOPING WORLD BIOETHICS, Issue 3 2008
    ANGELA BALLANTYNE
    ABSTRACT There is an alleged tension between undue inducement and exploitation in research trials. This paper considers claims that increasing the benefits to research subjects enrolled in international, externally-sponsored clinical trials should be avoided on the grounds that it may result in the undue inducement of research subjects. It proceeds from the premise that there are good grounds for thinking that, at least some, international research sponsors exploit trial participants because they do not provide the research population with a fair share of the benefits of research. This provides a prima facie argument for increasing the benefits for research participants. Concern over undue inducement is a legitimate moral concern; however, if this concern is to prevent research populations from receiving their fair share of benefits from research there must be sufficient evidence that these benefits will unduly influence patients' decision-making regarding trial participation. This article contributes to the debate about exploitation versus undue inducement by introducing an analysis of the available empirical research into research participants' motivations and the influence of payments on research subjects' behaviour and risk assessment. Admittedly, the available research in this field is limited, but the research that has been conducted suggests that financial rewards do not distort research subjects' behaviour or blind them to the risks involved with research. Therefore, I conclude that research sponsors should prioritise the prevention of exploitation in international research by providing greater benefits to research participants. [source]