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Book part
Publication date: 1 December 2004

Bonnie Buchanan

Recent high profile U.S. corporate collapses have their counterparts in other international markets, such as Australia. The corporate governance failures that led to major…

Abstract

Recent high profile U.S. corporate collapses have their counterparts in other international markets, such as Australia. The corporate governance failures that led to major corporate collapses in both countries are strikingly similar, despite differences in their respective corporate governance systems. In this paper, I present an examination of the corporate governance failures that led to the demise of three prominent Australian firms in 2001 and illustrate that the corporate governance failures are not limited to the existing corporate governance system in the United States. I will also outline the various corporate governance reforms that were established to restore investor confidence.

Details

Corporate Governance
Type: Book
ISBN: 978-0-76231-133-0

Article
Publication date: 27 September 2022

Niels Thyge Thygesen

To contribute the process perspective on strategy the systems theoretical concept of time binding and show how time, when unfolded and linked, is compressed or stretched, thereby…

Abstract

Purpose

To contribute the process perspective on strategy the systems theoretical concept of time binding and show how time, when unfolded and linked, is compressed or stretched, thereby demonstrating the motion of temporal spaces within organizations.

Design/methodology/approach

Case approach and with emphasis on communicative events.

Findings

The finding of three different time bindings in strategy work showing not only how time is unfolded and multiplied but also how these bindings were unexpectedly found to be experienced simultaneously, thus turning a seemingly linear strategy based on goal achievement into a complex of interrelated motions driven by performativity, potentiality and reiteration.

Research limitations/implications

The research implications are significant to the process perspective on strategy as time should not only be understood and investigated as different unfoldings and time-links within organizations, but also on the motion of these temporal spaces, which is to say, how they move the organization ahead.

Practical implications

From a practical perspective, when taking both the existing and future research on strategy into account, one notices that most management literature and the mainstream courses held at business schools tend to draw on one-dimensional casualities and chronological timelines in order to combine accurate forecasts with predicted end-results. Such attempts reflect one unfolding, one binding, one temporal space and one way of moving, but if managers want to improve knowledge on deliberate change, temporal awareness should be part of their strategic change repertoire alongside the ability to match different motions to the skills and capacity of an organization.

Social implications

The concept of time binding is a way to extend the ways by which we seek to comprehend the temporal nature of social relations and structures within organizations and in particular those practices that are considered strategic. In particular, it offers ways of understanding how strategy is a temporal exercise that provides organizations with different temporal spaces within single events and hence different motions – all of which simultaneously move the organization differently ahead in time.

Originality/value

By providing the system theoretical concept of time binding it brings new and original value into the process and practice field of strategy research. The empirical findings demonstrate how unusual and not yet seen unfoldings and bindings between before and after appears and how such bindings take the form of temporal spaces that simultaneously and differently moves the organizations ahead in time.

Details

Journal of Organizational Change Management, vol. 35 no. 6
Type: Research Article
ISSN: 0953-4814

Keywords

Article
Publication date: 1 January 1986

Robert Rizzo

Nuclear weapons confront us as the challenge of our times. To understand the special psychological and moral issues raised by nuclear arsenals and their use, we must first grasp…

Abstract

Nuclear weapons confront us as the challenge of our times. To understand the special psychological and moral issues raised by nuclear arsenals and their use, we must first grasp the special nature of these weapons. In a recent book on Hiroshima and Nagasaki, the authors highlighted a fact which often escapes public attention; namely, nuclear weapons, many times more powerful than the 12.5 kiloton uranium bomb and the 22 kiloton plutonium bomb dropped respectively on Hiroshima and Nagasaki, are qualitatively different from conventional explosives.

Details

International Journal of Social Economics, vol. 13 no. 1/2
Type: Research Article
ISSN: 0306-8293

Article
Publication date: 1 July 1980

Clive Jones

A substantial library of film and video based training programmes has been established by CST Training Services, the specialist training division of Cygnet Guild Communications…

Abstract

A substantial library of film and video based training programmes has been established by CST Training Services, the specialist training division of Cygnet Guild Communications Ltd. With 35 titles initially, the material covers management, supervisory, sales, marketing, customer relations and financial subjects and emanates from two major US producers, Roundtable Films and Salenger Educational Media, plus CST's own productions for UK clients such as Cranfield School of Management and Structured Training Ltd.

Details

Journal of European Industrial Training, vol. 4 no. 7
Type: Research Article
ISSN: 0309-0590

Article
Publication date: 15 May 2007

Paul Capriotti

The aim is to study how the chemical industry in Tarragona (Spain) uses the internet to communicate with its community on issues relating to chemical risk and the impact of the…

1009

Abstract

Purpose

The aim is to study how the chemical industry in Tarragona (Spain) uses the internet to communicate with its community on issues relating to chemical risk and the impact of the chemical industry on the environment, health and safety.

Design/methodology/approach

A specific methodology was defined allowing the corporate websites of the chemical industry to be studied. A content analysis methodology was used, searching the information that exists on the corporate websites of the most significant trade associations and chemical companies in the Tarragona conglomerate.

Findings

The results suggest that there are some common characteristics of the chemical industry strategy in providing information on their corporate websites about the chemical risk and the impact of the chemical industry: a tendency to globalise the information about these issues, the maximisation of the positive concepts such as safety and commitment, and the minimisation of the negative concept of risk.

Research limitations/implications

The study was carried out on a small number of companies, thus the results cannot be considered statistically representative of the entire chemical industry in Spain. In addition, the Tarragona population was not asked for their views on these corporate websites.

Originality/value

The results show the treatment of information concerning chemical risk in the most important trade associations and companies in the sector, the state of information concerning chemical risk on the corporate websites of such organisations, and the risk communication strategy of these companies through the internet. It also presents the design of a specific methodology suitable for analysing the information available on chemical risk on the corporate websites of companies, institutions and organisations of any kind.

Details

Journal of Communication Management, vol. 11 no. 2
Type: Research Article
ISSN: 1363-254X

Keywords

Article
Publication date: 1 March 1991

SAMUEL COWGILL

How many times have we returned goods due to shoddy workmanship, bitterly complaining at the time lost and expense taken, not to mention the frustration and disappointment? How…

Abstract

How many times have we returned goods due to shoddy workmanship, bitterly complaining at the time lost and expense taken, not to mention the frustration and disappointment? How often do we avoid shops due to an assistant's off‐hand manner?

Details

Managing Service Quality: An International Journal, vol. 1 no. 3
Type: Research Article
ISSN: 0960-4529

Article
Publication date: 4 November 2021

Genuine Narzary and Sasmita Palo

The present study aims to examine the moderating effect of burnout between intellectual capital and innovative work behaviour of professional nurses.

Abstract

Purpose

The present study aims to examine the moderating effect of burnout between intellectual capital and innovative work behaviour of professional nurses.

Design/methodology/approach

Mixed-method approach was followed that involves conducting both quantitative surveys and qualitative semi-structured interviews. Quantitative data was collected from 844 staff nurses. Interviews were conducted with a total of 20 participants including director of nursing, chief nursing officer, general manager operation, professor cum principal, doctors, nurse educators, ward in charges and staff nurses working with multi, super speciality private and charitable trust hospitals in Mumbai (India).

Findings

Intellectual capital and burnout (intellectual capital*burnout) interaction increased the proportion of innovative work behaviour from 0.09 to 0.15, an increase of 66.67%. The results also reveal a significant and negative (−0.09) moderating effect of burnout between intellectual capital and innovative work behaviour of nurses. Qualitative findings also could confirm and support that human, structural and relational capital help nurses to be innovative. However, whenever nurses feel a loss of energy, enthusiasm, motivation and exhaustion, they tend to become less innovative and continue only with the routine works.

Research limitations/implications

This study provides a new implication for multi, super speciality private and charitable trust hospitals management to relook at and reduce the level of burnout to mitigate its adverse effect.

Originality/value

To the best of the authors’ knowledge, this is the first study and findings related to professional nurses working in multi, super speciality private and charitable trust hospitals in India.

Details

Journal of Intellectual Capital, vol. 24 no. 2
Type: Research Article
ISSN: 1469-1930

Keywords

Open Access
Article
Publication date: 2 July 2020

Javed Ahmad Bhat and Naresh Kumar Sharma

Among the many factors fueling the inflationary tendencies in an economy such as monetary shocks, structural shocks, demand shocks, external shocks and demographic changes, the…

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Abstract

Purpose

Among the many factors fueling the inflationary tendencies in an economy such as monetary shocks, structural shocks, demand shocks, external shocks and demographic changes, the issue of inflation (INF) has also been found to be related to fiscal policy decisions of the government. The purpose of this study is to investigate the inflationary tendencies in India particularly from the fiscal point of view. The study also examines the influence of other potential determinants such as output growth rate, interest rate, trade-openness (TO) and oil price inflation (OPI).

Design/methodology/approach

To examine the dynamic nature of association between fiscal deficit and inflation, the study applies the Toda-Yamamoto (1995) test and Breitung and Candelon (2006) test to investigate the nature of causality in time and frequency domain frameworks. In addition, to scrutinize the possibility of a long-run association, that too from an asymmetric point of view, the study applies a Non-linear Autoregressive Distributed lag model (NARDL) given by Shin et al. (2014). Finally, non-linear cumulative dynamic multipliers are used to trace the traverse between disequilibrium position of short-run and subsequent long-run equilibrium of the system.

Findings

The authors found a unidirectional causality from fiscal deficit to inflation in case of time domain analysis and no feedback causality is reported. However, in case of frequency domain design, causality from fiscal deficit to inflation is found at low frequencies only, i.e. no short-run causality is established and hence dynamic nature of the relationship between the two variables is vindicated. Using NARDL model, the results document the existence of an asymmetric long-run direct association between fiscal deficit and inflation. However, an increase in deficit is found to be more inflationary and a decrease affects the inflation with a lower magnitude. The asymmetric impact of fiscal deficit on inflation can be explained through the existence of liquidity constraints, consumption-investment downward inflexibility and the downward price stickiness. Contractionary monetary policy action is found to be more effective than an expansionary one, signifying the asymmetric influence of monetary policy actions on the inflation of India. Similarly, in a supply-constrained economy with downward price rigidity, the authors found an asymmetric impact of output growth and output decline on inflation. As regard to the trade-openness, although an asymmetry is reported, the signs refute the validation of Romer (1993) hypothesis. Finally, the impact of oil price inflation on the inflationary pressures is according to theory but the coefficients are devoid of statistical significance.

Practical implications

These results indicate some important policy recommendations. Fiscal consolidation strategy should be executed in an appreciable manner to achieve the sound fiscal health and lower INF. The disciplined fiscal strategy would also be imperative for an effective monetary policy. Monetary authorities should possess noticeable credibility to manage the macroeconomic system and policy stances should be implemented according to requirements of the economy. Growth in output should be encouraged to have two-fold benefits to the economy – reducing INF on the one hand and fiscal deficits on the other.

Originality/value

The study contributes to the existing literature in the following ways. First, taking note of dynamic nature of the relationship between these two variables, the study examined the deficit INF nexus in a dynamic and asymmetric framework. The novelty of the study is ensured by the very nature of it is the first study in case of India to identify the fiscal INF in an asymmetric configuration. The authors applied a NARDL model, given by Shin et al. (2014) to examine the existence of any cointegrating relationship in an asymmetric paradigm. Second, the nature of causality between fiscal deficit and INF has been examined in a time domain and FD framework to portray precisely the casual interactions between these two variables in the short-run and long run. The study will, therefore, enrich the existing literature along the asymmetric lines.

Details

Journal of Economics, Finance and Administrative Science, vol. 25 no. 50
Type: Research Article
ISSN: 2077-1886

Keywords

Article
Publication date: 1 February 1995

Michael Carroll

The employee counsellor has one of the most difficult counsellingjobs, and has a thin line to tread between the organization and theindividual. The “organizational” counsellor is…

1932

Abstract

The employee counsellor has one of the most difficult counselling jobs, and has a thin line to tread between the organization and the individual. The “organizational” counsellor is, in addition, trainer, consultant, organizational agent of change, counselling manager, informant, advocate, advice‐giver and diplomat. Maintaining all these roles with clear demarcation lines, acceptable boundaries, and supportive relationships, calls for maturity and training.

Article
Publication date: 13 November 2007

Ibrahim Mohamed Shaluf

This paper aims to provide graduate students, researchers and government and independent agencies with an overview on BLEVE (i.e. boiling liquid expanding vapour explosion).

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Abstract

Purpose

This paper aims to provide graduate students, researchers and government and independent agencies with an overview on BLEVE (i.e. boiling liquid expanding vapour explosion).

Design/methodology/approach

BLEVE has been studied by researchers, academicians, company specialists, and government and independent agencies. BLEVE incidents are collected from several sources such as technical and general articles, internet web sites and internal reports. BLEVE definitions, history, theory, types, hazards, and models are reviewed. BLEVE incidents are arranged and classified into fires, overfilling, explosions, overheating, runaways, overpressure, collisions, corrosion, and damage (derailment).

Findings

BLEVE types are classified into cold BLEVEs, hot BLEVEs, and BLEVEs. The major consequences of a BLEVE are thermal radiation from the resultant fireball and the fragments produced when the vessel fails. Several approaches are developed to describe BLEVE theory. BLEVE incidents are classified into explosions, damage (derailment), overfilling, fires, collisions, runaways, overpressure, overheating, and corrosion. The world has witnessed 74 BLEVE incidents in the period 1926‐1986. BLEVE incidents resulted in 1,427 fatalities and 635 injuries. The materials involved in BLEVE were flammable and non‐flammable. The highest frequencies of BLEVE incidents were due to explosions and damage to tanks. Explosion and damage BLEVE incidents resulted in high injuries. Overfilling and fire BLEVE incidents resulted in high fatalities.

Originality/value

This paper presents an overview of BLEVE definitions, history, incidents, types, theory, hazards and models. BLEVE incidents are classified. This paper combines scattered BLEVE incidents into one record.

Details

Disaster Prevention and Management: An International Journal, vol. 16 no. 5
Type: Research Article
ISSN: 0965-3562

Keywords

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