Many students spent those years on Wall Street - just in time to experience the depressed morale caused by the scandals, and the panic and subsequent doldrums caused by the crash.
Creation of the position was one of the recommendations of three internal committees named after damage to the newspaper's credibility and staff morale caused by the discovery last spring of extensive fabrications by a reporter.
Mr. Buchanan, a Republican who is seeking to run as the Reform Party candidate, suggested the Central Park sexual assaults were, at least in part, the product of declining police morale caused by criticism of police tactics over the past year.
Under questioning at a state legislative hearing here, the president, Robert B. Catell, said that the dispute had dragged down Marketspan's stock price, hurt staff morale, caused internal tension, hurt the company's image and hampered its efforts to get organized and expand.
The material came to light as Cameron prepared for a crucial speech to the Tory spring conference in Brighton today, at which he will try to reverse a slump in party morale caused by growing uncertainty over the party's direction and a fall in its opinion-poll ratings with just weeks to go before a general election.
But Mr. Elson said that the fears of chief executives jumping ship were misplaced, while the steady rise in executive pay had damaged corporate morale, causing employees to ask, "Why should I kill myself to get a 2 percent raise if the C.E.O. is going to get a 20 percent raise?" Equilar used a different method than it had in past years to compile its list of C.E.O.
For employees, double bind eliminates their self-confidence and morale causing them to fall psychologically, psychosomatically or physically ill due to a double bind-caused self-esteem-destruction-machinery.
In this study, we investigate the mechanism whereby firms are reluctant to cut wages and tend to implement layoffs by clearly introducing a parameter that represents the magnitude of decline in morale caused by wage cuts.
We first construct a theoretical model to illustrate the mechanism whereby firms become more reluctant to cut wages when the expected reduction in morale caused by such wage cuts is greater, and, as a result, tend to implement layoffs.
