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Book part
Publication date: 26 October 2005

David A. Smith

This chapter relates Bunker's innovative view of nature, raw materials and political economy to the “global commodity chains” (GCCs) approach. The chapter contends that his view…

Abstract

This chapter relates Bunker's innovative view of nature, raw materials and political economy to the “global commodity chains” (GCCs) approach. The chapter contends that his view of the importance of primary material extraction, shipping, and energy used in various “transformations” of these crucial products can be fruitfully married to a GCCs perspective.

Details

Nature, Raw Materials, and Political Economy
Type: Book
ISBN: 978-1-84950-314-3

Article
Publication date: 15 January 2018

Osamuyimen Egbon, Uwafiokun Idemudia and Kenneth Amaeshi

The purpose of this paper is to examine whether Shell Nigeria’s Global Memorandum of Understanding (GMoU) promotes corporate-community accountability as a basis for fostering…

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Abstract

Purpose

The purpose of this paper is to examine whether Shell Nigeria’s Global Memorandum of Understanding (GMoU) promotes corporate-community accountability as a basis for fostering sustainable community development in the Niger Delta.

Design/methodology/approach

Shell Nigeria’s GMoU stand-alone reports were analysed through the lenses of accountability and transparency theoretical frameworks to explore the extent to which GMoU, as a corporate social responsibility (CSR) initiative, is dialogically embedded and practised. Meaning-oriented content analysis was deductively used to isolate pertinent themes and generate findings from the background theoretical literature.

Findings

The authors find that Shell discursively appropriates the meaning of accountability and transparency in a manner that allows it to maintain its social legitimacy and the asymmetric power relations between itself and host communities whilst restricting communities’ agency to hold it accountable. Shell does this by interpreting the notion of participation restrictively, selectively deploying the concept of transparency and accountability and subtly exerting excessive control over the GMoU. Thus, the GMoU’s potential to contribute to sustainable community development and positive corporate-community relation is unlikely tenable.

Originality/value

Accountability and transparency are core and critical to corporate-community relations and for achieving community development CSR objectives, but are often taken for granted or ignored in the CSR literature on the Niger Delta of Nigeria. This paper addresses this gap in the literature by using accountability and transparency lenses to unpick GMoU model and contribute to studies on CSR practices by oil multinational corporations (MNCs) in developing countries. Indeed, the use of these lenses to explore CSR process offers new insights as to why CSR practices have failed to contribute to sustainable community development despite increased community spending by oil MNCs.

Details

Accounting, Auditing & Accountability Journal, vol. 31 no. 1
Type: Research Article
ISSN: 0951-3574

Keywords

Article
Publication date: 2 July 2020

Mejda Bahlous-Boldi

The purpose of this study is to demonstrate that the conventional mortgage system is not appropriate for household finance because it encourages equity extraction and excessive…

Abstract

Purpose

The purpose of this study is to demonstrate that the conventional mortgage system is not appropriate for household finance because it encourages equity extraction and excessive leverage during housing boom and leads to negative equity during a housing bust, a situation that translates into mortgage defaults and foreclosures. Home financing could alternatively be structured as a diminishing partnership preventing the homeowner from ever having negative equity.

Design/methodology/approach

Using Johansen’s cointegration test, the authors provide evidence of a long-run relationship between the delinquency rates, volume of refinancing and the change in house price index (HPI) during the 1994–2019 period. To unravel the short run dynamics between these variables, the authors used a Granger causality test that concludes that the volume of refinancing and the change in the HPI Granger cause default rates.

Findings

The authors provide evidence that under the current conventional mortgage system, excessive refinancing opportunities and equity extraction that are the main factors determining delinquency rates leading to a non-sustainable homeownership.

Practical implications

If mortgages were such that they do not incentivize defaults and foreclosures during a housing downturn, the recovery of the housing market always leads to capital gains. Therefore, disincentivizing refinancing and equity extraction would lead to a more sustainable homeownership.

Social implications

Households would be encouraged to pursue sustainable homeownership through a partnership-based model with long-term wealth accumulation for themselves and their heirs rather than short-term home ownership through the conventional mortgage system, leading to negative equity and defaults when the housing market slumps.

Originality/value

Policymakers ought to rethink the mortgage design by promoting partnership-based finance to protect the equity a household accumulates over a lifetime and thereby enhancing stable and sustainable homeownership.

Details

International Journal of Housing Markets and Analysis, vol. 14 no. 2
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 15 June 2015

Stephen Jollands, Chris Akroyd and Norio Sawabe

This paper aims to examine a management control constructed by senior managers, a core value focused on sustainability, as it travels through time and space. The criticality of…

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Abstract

Purpose

This paper aims to examine a management control constructed by senior managers, a core value focused on sustainability, as it travels through time and space. The criticality of sustainable development suggests the need to understand the effects that core values have on organisational actions.

Design/methodology/approach

A case study methodology carried out at a multinational organisation is used. This analysis was informed by an actor-network theory which allowed placing the organisation’s sustainability focused core value at the centre of this research.

Findings

It was found that management control, in the form of a sustainability-focused core value, took on an active role in the case organisation. This enabled the opening of space and time that allowed actors to step forward and take action in relation to sustainable development. It is shown how the core value mobilised individual actors at specific points in time but did not enrol enough collective support to continue its travel. The resulting activities, though, provided a construction of sustainable development within the organisation more in line with traditional profit-seeking objectives rather than in relation to sustainability objectives, such as inter- and intra-generational equity.

Research limitations/implications

These findings suggest possibilities for future research that examines the active role that management controls may take within sustainable development.

Originality/value

This paper shows the active role a management control, a sustainability focused core value, took within an organisation. This builds on the research that examines management control in relation to sustainability issues and sustainable development as well as the literature that examines core values.

Details

Qualitative Research in Accounting & Management, vol. 12 no. 2
Type: Research Article
ISSN: 1176-6093

Keywords

Article
Publication date: 7 October 2014

Martin Aruldoss, Miranda Lakshmi Travis and V. Prasanna Venkatesan

Business intelligence (BI) has been applied in various domains to take better decisions and it provides different level of information to its stakeholders according to the…

5610

Abstract

Purpose

Business intelligence (BI) has been applied in various domains to take better decisions and it provides different level of information to its stakeholders according to the information needs. The purpose of this paper is to present a literature review on recent works in BI. The two principal aims in this survey are to identify areas lacking in recent research, thereby offering potential opportunities for investigation.

Design/methodology/approach

To simplify the study on BI literature, it is segregated into seven categories according to the usage. Each category of work is analyzed using parameters such as purpose, domain, problem identified, solution applied, benefit and outcome.

Findings

The BI contribution in various domains, ongoing research in BI, the convergence of BI domains, problems and solutions, results of congregated domains, core problems and key solutions. It also outlines BI and its components composition, widely applied BI solutions such as algorithm-based, architecture-based and model-based solutions. Finally, it discusses BI implementation issues and outlines the security and privacy policies adopted in BI environment.

Research limitations/implications

In this survey BI has been discussed in theoretical perspective whereas practical contribution has been given less attention.

Originality/value

A comprehensive survey on BI which identifies areas lacking in recent research and providing potential opportunities for investigation.

Details

Journal of Enterprise Information Management, vol. 27 no. 6
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 9 October 2019

Sara Dezalay

The purpose of this paper is to examine the ongoing “new extraction” on the African continent. Contrary to mainstream scholarship and policies that see in law an external variable…

Abstract

Purpose

The purpose of this paper is to examine the ongoing “new extraction” on the African continent. Contrary to mainstream scholarship and policies that see in law an external variable to remedy the “resource curse,” this paper channels attention toward the role of law as an institution of extraction in the longue durée. Unpacking the close association of law with the conversion of economic surpluses and power into enduring social relationships can help trace the mechanisms by which the uneven and unequal connection between Africa and the world is being negotiated, justified and challenged over time.

Design/methodology/approach

To this end, this paper deploys an approach anchored in political sociology of law and focuses on the roles played specifically by lawyers to trace the “interconnectedness” between European colonialism on the continent and the consolidation of the contemporary international economic and legal political order. It illustrates this approach with the case study of the “Africa” Bar in Paris as a key site in which extractive deals between multinational corporations and Francophone African states are negotiated.

Findings

This micro focus helps to explain the dual position of the “Africa” Bar in Paris, as offshore yet connected as it is shaped by both imperial legacies and ongoing waves of globalization into the African continent.

Originality/value

This approach traces a more nuanced explanation of Africa’s unequal and uneven relationship with the global economy as one shaped by the path of imperial legacies and successive and interconnected waves of globalization across Africa.

Details

International Journal of Social Economics, vol. 46 no. 11
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 18 October 2021

Venkatesh Naramula and Kalaivania A.

This paper aims to focus on extracting aspect terms on mobile phone (iPhone and Samsung) tweets using NLTK techniques on multiple aspect extraction is one of the challenges. Then…

Abstract

Purpose

This paper aims to focus on extracting aspect terms on mobile phone (iPhone and Samsung) tweets using NLTK techniques on multiple aspect extraction is one of the challenges. Then, also machine learning techniques are used that can be trained on supervised strategies to predict and classify sentiment present in mobile phone tweets. This paper also presents the proposed architecture for the extraction of aspect terms and sentiment polarity from customer tweets.

Design/methodology/approach

In the aspect-based sentiment analysis aspect, term extraction is one of the key challenges where different aspects are extracted from online user-generated content. This study focuses on customer tweets/reviews on different mobile products which is an important form of opinionated content by looking at different aspects. Different deep learning techniques are used to extract all aspects from customer tweets which are extracted using Twitter API.

Findings

The comparison of the results with traditional machine learning methods such as random forest algorithm, K-nearest neighbour and support vector machine using two data sets iPhone tweets and Samsung tweets have been presented for better accuracy.

Originality/value

In this paper, the authors have focused on extracting aspect terms on mobile phone (iPhone and Samsung) tweets using NLTK techniques on multi-aspect extraction is one of the challenges. Then, also machine learning techniques are used that can be trained on supervised strategies to predict and classify sentiment present in mobile phone tweets. This paper also presents the proposed architecture for the extraction of aspect terms and sentiment polarity from customer tweets.

Details

International Journal of Pervasive Computing and Communications, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1742-7371

Keywords

Article
Publication date: 6 February 2017

Gerard A.J. Pounder, Ruel L.A. Ellis and Gerardo Fernandez-Lopez

This paper aims to introduce the cognitive function synthesis (CFS) conceptual framework to artificial general intelligence. CFS posits that at the “core” of intelligence in…

Abstract

Purpose

This paper aims to introduce the cognitive function synthesis (CFS) conceptual framework to artificial general intelligence. CFS posits that at the “core” of intelligence in hybrid architectures, “interdependent” cognitive functions are synthesised through the interaction of various associative memory (AM)-based systems. This synthesis could form an interface layer between deliberative/symbolic and reactive/sub-symbolic layers in hybrid cognitive architectures.

Design/methodology/approach

A CFS conceptual framework, specifying an arrangement of AMs, was presented. The framework was executed using sparse distributed memory. Experiments were performed to investigate CFS autonomous extraction, consciousness and imagination.

Findings

Autonomous extraction was achieved using data from a Wi-Fi camera with the CFS auto-associative AM handling “Sensor Data”. However, noise reduction degraded the extracted image. An environment, simulated in V-REP 3.3.1, was used to investigate consciousness and imagination. CFS displayed consciousness by successfully tracking/anticipating the object position with over 90 per cent congruence. CFS imagination was seen by its predicting two time steps into the future.

Originality/value

Preliminary results demonstrate the plausibility of CFS claims for autonomous extraction, consciousness and imagination.

Book part
Publication date: 20 April 2022

Robert Pollin

David Gordon was, at once, a highly creative economist with an enormous range of interests, while also uncompromising in maintaining rigorous research standards. He focused

Abstract

David Gordon was, at once, a highly creative economist with an enormous range of interests, while also uncompromising in maintaining rigorous research standards. He focused equally on hard-core academic research and pressing policy issues. He was also openly committed to the political left, with this commitment animating all his work. One distinctive feature of Gordon’s work was his keenness to dive into the most important topics engaging mainstream economists and to inject explicitly left political economy perspectives into these mainstream debates. This paper focuses on two important examples of Gordon’s contributions that examine front-and-center mainstream macroeconomics questions. The first is the relationship between aggregate saving and investment. The second is the development of the concept of the “natural rate of unemployment.” The evolution of mainstream research on these two questions played a critical role in overturning what had been, over the first two post-World War II decades, a prevailing Keynesian/social democratic consensus, at both the levels of analytic economics as well as economic policy. As the paper reviews, Gordon challenges the analytic findings and policy implications of these perspectives at their core. Gordon’s own basic premises and results are straightforward. He argues that, in fact, investment decisions, not saving rates, are the main driver of economic activity in capitalist economies and that operating capitalist economies at something akin to genuine full employment – that is, in the range of 2–3 percent official unemployment – is a realistic goal. As such, these papers by Gordon contribute significantly toward envisioning a post-neoliberal social structure of accumulation that is committed to the egalitarian principles that were central to Gordon’s life work.

Details

Research in the History of Economic Thought and Methodology: Including a Symposium on David Gordon: American Radical Economist
Type: Book
ISBN: 978-1-80262-990-3

Keywords

Book part
Publication date: 13 December 2018

Patrick Bond

The World Bank report Changing Wealth of Nations 2018 is only the most recent reminder of how much poorer Africa is becoming, losing more than US$100 billion annually from…

Abstract

The World Bank report Changing Wealth of Nations 2018 is only the most recent reminder of how much poorer Africa is becoming, losing more than US$100 billion annually from minerals, oil, and gas extraction, according to (quite conservatively framed) environmentally sensitive adjustments of wealth. With popular opposition to socioeconomic, political, and ecological abuses rising rapidly in Africa, a robust debate may be useful: between those practicing anti-extractivist resistance, and those technocrats in states and international agencies who promote “ecological modernization” strategies. The latter typically aim to generate full-cost environmental accounting, and to do so they typically utilize market-related techniques to value, measure, and price nature. Between the grassroots and technocratic standpoints, a layer of Non-Governmental Organizations (NGOs) do not yet appear capable of grappling with anti-extractivist politics with either sufficient intellectual tools or political courage. They instead revert to easier terrains within ecological modernization: revenue transparency, project damage mitigation, Free Prior and Informed Consent (community consultation and permission), and other assimilationist reforms. More attention to political-economic and political-ecological trends – including the end of the commodity super-cycle, worsening climate change, financial turbulence and the potential end of a 40-year long globalization process – might assist anti-extractivist activists and NGO reformers alike. Both could then gravitate to broader, more effective ways of conceptualizing extraction and unequal ecological exchange, especially in Africa’s hardest hit and most extreme sites of devastation.

Details

Environmental Impacts of Transnational Corporations in the Global South
Type: Book
ISBN: 978-1-78756-034-5

Keywords

21 – 30 of over 6000