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Book part
Publication date: 30 August 2019

Fulya Ozcan

This chapter investigates the behavior of Reddit’s news subreddit users and the relationship between their sentiment on exchange rates. Using graphical models and natural language…

Abstract

This chapter investigates the behavior of Reddit’s news subreddit users and the relationship between their sentiment on exchange rates. Using graphical models and natural language processing, hidden online communities among Reddit users are discovered. The data set used in this project is a mixture of text and categorical data from Reddit’s news subreddit. These data include the titles of the news pages, as well as a few user characteristics, in addition to users’ comments. This data set is an excellent resource to study user reaction to news since their comments are directly linked to the webpage contents. The model considered in this chapter is a hierarchical mixture model which is a generative model that detects overlapping networks using the sentiment from the user generated content. The advantage of this model is that the communities (or groups) are assumed to follow a Chinese restaurant process, and therefore it can automatically detect and cluster the communities. The hidden variables and the hyperparameters for this model are obtained using Gibbs sampling.

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Topics in Identification, Limited Dependent Variables, Partial Observability, Experimentation, and Flexible Modeling: Part A
Type: Book
ISBN: 978-1-78973-241-2

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Book part
Publication date: 12 November 2016

Hao Liang, Luc Renneboog and Sunny Li Sun

We take a state-stewardship view on corporate governance and executive compensation in economies with strong political involvement, where state-appointed managers act as…

Abstract

Purpose

We take a state-stewardship view on corporate governance and executive compensation in economies with strong political involvement, where state-appointed managers act as responsible “stewards” rather than “agents” of the state.

Methodology/approach

We test this view on China and find that Chinese managers are remunerated not for maximizing equity value but for increasing the value of state-owned assets.

Findings

Managerial compensation depends on political connections and prestige, and on the firms’ contribution to political goals. These effects were attenuated since the market-oriented governance reform.

Research limitations/implications

Economic reform without reforming the human resources policies at the executive level enables the autocratic state to exert political power on corporate decision making, so as to ensure that firms’ business activities fulfill the state’s political objectives.

Practical implications

As a powerful social elite, the state-steward managers in China have the same interests as the state (the government), namely extracting rents that should adhere to the nation (which stands for the society at large or the collective private citizens).

Social implications

As China has been a communist country with a single ruling party for decades, the ideas of socialism still have a strong impact on how companies are run. The legitimacy of the elite’s privileged rights over private sectors is central to our question.

Originality/value

Chinese executive compensation stimulates not only the maximization of shareholder value but also the preservation of the state’s interests.

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The Political Economy of Chinese Finance
Type: Book
ISBN: 978-1-78560-957-2

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Abstract

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Middle-Power Responses to China’s BRI and America’s Indo-Pacific Strategy
Type: Book
ISBN: 978-1-80117-023-9

Content available
Book part
Publication date: 18 November 2016

Abstract

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Social Recruitment in HRM
Type: Book
ISBN: 978-1-78635-695-6

Book part
Publication date: 19 August 2021

David A. Harrison, Teresa L. Harrison and Margaret A. Shaffer

Immigrants are important contributors to workplaces, but HRM scholars have only recently begun to study them systematically. We document the prevalence and cross-national…

Abstract

Immigrants are important contributors to workplaces, but HRM scholars have only recently begun to study them systematically. We document the prevalence and cross-national variation in populations of immigrant employees. Going beyond a treatment that considers them as another element of diversity, we propose how gradients of status at each level of country, organization, and work group admittance can result in unique outcomes for immigrants who are equally (dis)similar. We offer a taxonomy of immigrant pathways into their destination countries to explore the status hierarchies they are assigned by governments and reinforced by organizations. We provide insights into the ascribed status of immigrants and develop a typology of individual and organizational acculturation strategies based on the cultural tightness and looseness of the destination and origin cultures. We then describe how the reactions of members of an immigrant employee’s social environment are sensitive to ascribed status and cultural tightness-looseness. We do so in a three-stage process that begins with immigrant categorization, followed by conferral of (il)legitimacy, and finally brought together with perceptions of outcome interdependence. Finally, we offer ideas about HRM interventions to guide management scholars in their quest for understanding and improve the experiences of immigrants in the workplace.

Book part
Publication date: 30 September 2021

Tsui Sit, Erebus Wong, Kin Chi Lau and Tiejun Wen

Since the Land Revolution of 1949, China has continuously practiced collective ownership of land resources and local governance at the village and township levels. This chapter…

Abstract

Since the Land Revolution of 1949, China has continuously practiced collective ownership of land resources and local governance at the village and township levels. This chapter argues that based on Chinese experiences, a socialist transformation is largely dependent on socialization of land resources, with the majority having access to land, food, and shelter, as well as on community organization of livelihood. This is not only the legacy of land revolution but also the foundation of Chinese society, which acts as social stabilizer. China in the past 70 years has completed primitive capital accumulation and proceeded to industrial expansion and financial adjustments. Rural China has played an important role in absorbing the shocks of cyclical economic crises induced by external and domestic factors. China adopts policies of land distribution in favor of the small peasantry and promises to defend the agrarian sector – comprising three irreducible dimensions: peasants, rural society, and agriculture, together known as Sannong, as well as the current policy of rural vitalization – against the background of macroeconomic crises, particularly amid the current economic downturn and health crises, that is, United States–China trade war, the crisis of globalization, New Cold War, and the COVID-19 pandemic. The experiences of Zhoujiazhuang Commune and Puhan Rural Community will be provided as examples to show that the bedrock of maintaining socialist transformation is the resilience of small peasantry and rural communities.

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Imperialism and Transitions to Socialism
Type: Book
ISBN: 978-1-80043-705-0

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Book part
Publication date: 18 January 2024

Ackmez Mudhoo, Gaurav Sharma, Khim Hoong Chu and Mika Sillanpää

Adsorption parameters (e.g. Langmuir constant, mass transfer coefficient and Thomas rate constant) are involved in the design of aqueous-media adsorption treatment units. However…

Abstract

Adsorption parameters (e.g. Langmuir constant, mass transfer coefficient and Thomas rate constant) are involved in the design of aqueous-media adsorption treatment units. However, the classic approach to estimating such parameters is perceived to be imprecise. Herein, the essential features and performances of the ant colony, bee colony and elephant herd optimisation approaches are introduced to the experimental chemist and chemical engineer engaged in adsorption research for aqueous systems. Key research and development directions, believed to harness these algorithms for real-scale water treatment (which falls within the wide-ranging coverage of the Sustainable Development Goal 6 (SDG 6) ‘Clean Water and Sanitation for All’), are also proposed. The ant colony, bee colony and elephant herd optimisations have higher precision and accuracy, and are particularly efficient in finding the global optimum solution. It is hoped that the discussions can stimulate both the experimental chemist and chemical engineer to delineate the progress achieved so far and collaborate further to devise strategies for integrating these intelligent optimisations in the design and operation of real multicomponent multi-complexity adsorption systems for water purification.

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Artificial Intelligence, Engineering Systems and Sustainable Development
Type: Book
ISBN: 978-1-83753-540-8

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Book part
Publication date: 25 January 2023

Filipa Brandão, Zélia Breda and Carlos Costa

The application of network theory and social network analysis (SNA) to tourism and hospitality is recent. Nonetheless, several authors have been applying the method contributing…

Abstract

The application of network theory and social network analysis (SNA) to tourism and hospitality is recent. Nonetheless, several authors have been applying the method contributing to regional planning, local-level tourism networks, tourism policy and governance, innovation, entrepreneurship, knowledge transfer, and learning. This chapter aims to characterize the use of SNA in tourism and hospitality research. Specifically, it intends to: (i) present the framework of SNA in a methodological perspective; (ii) perform a bibliometric analysis of SNA use in tourism and hospitality research; (iii) systematize the dimensions and metrics that researchers can use to apply SNA, namely the relevance for tourism; and (iv) present a case study analyzing tourism innovation networks. This chapter brings important contributions to tourism and hospitality research and practice, by focusing on the theoretical framework and practical application of SNA, providing relevant conceptual and practical knowledge that will empower researchers to use this method in tourism and hospitality studies.

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Cutting Edge Research Methods in Hospitality and Tourism
Type: Book
ISBN: 978-1-80455-064-9

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Abstract

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Social Recruitment in HRM
Type: Book
ISBN: 978-1-78635-695-6

Book part
Publication date: 20 July 2012

Lihua Wang

Purpose – Informed by Chinese mothers from four villages, the purpose of this chapter is to address the old issue of feminization of family survival, but situated within the…

Abstract

Purpose – Informed by Chinese mothers from four villages, the purpose of this chapter is to address the old issue of feminization of family survival, but situated within the landscape of neoliberalism. This study investigates the interplay between Chinese patriarchal values and neoliberal ideas that have shaped the Happiness Project – Action to Aid Impoverished Mothers – an official population control program that has been combined with poverty reduction “Action.”

Methodology – This research began in 2001 in Sichuan Province, Southwest China. Over a period of three years I interviewed 48 women who were participants in the Happiness Project.

Findings – The goal of the Happiness Project is to bring “happiness” to poor mothers through the introduction of microcredit, literacy programs, and the improvement of reproductive health. Three maternal aspects of the Happiness Project, as the study indicates, coincide with three particular patriarchal values. These include an official construction of a good mother image, targeting women's bodies as objects of the state's population control, and reinforcing gender stereotypes through market activity. The findings of this research suggest that feminization of family survival coincided with achieving the goal of the Project. Mothers thus have carried a double burden on behalf of the Chinese state and their families: the goals of declining fertility and increasing family prosperity.

Social implications – Based on this outcome, the study not only calls for reevaluating this “women-only” economic development model, but also calls into question whether bringing Chinese women into public production/market activity is a path to women's emancipation under neoliberalism.

Details

Social Production and Reproduction at the Interface of Public and Private Spheres
Type: Book
ISBN: 978-1-78052-875-5

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