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The purpose of this paper is to stress the role that several defective theories or views of the world played in generating the subprime financial crisis.

This is done by describing these views, showing that they were widely held by relevant decision makers, and by analyzing the flaws in these views. A considerable amount of literature is surveyed in the process.

It was found that these defective views did play a major role in generating the crisis.

Implications of the analysis for future research are discussed.

Implications of the analysis for reform of private and public sector financial policies are discussed.

While most of the arguments in the paper are not new, no paper of which the author is aware pulls them together with the same emphasis on how faulty mental models interacted with dangerous incentive structures to play a prime role in generating the crisis. The paper also references a much wider range of literature on the crisis than any study of which the author is aware. The paper should be of value to any one interested in the causes of the crisis and ways to make future crises less likely.

The purpose of this paper is to raise and critically analyse controversial issues facing the future directions of the academic discipline organisational behaviour (OB).

Specifically, the commercial benefits for basic and applied OB research conducted by academics are considered. Arguments are advanced which cast doubt on the discipline's current directions.

Proponents of traditional research in this field are accused of methodological myopia, inaccessibility, lack of relevance to practitioners and an inability to integrate research with successful practice. Such shortcomings have the potential to render OB theories, research and recommended practices irrelevant in many commercial environments.

Better integration is recommended between popularist management practices and ideas with traditional research techniques to produce more business focussed outcomes. New modes of investigation are proposed which adopt dynamic research methodologies based on “coarse grained theorising” using the “3p” test of performance, productivity and profitability. In this context, coarse grained theorising must be capable of verification in the field with tangible commercial benefits.

Narrowing the theory‐practice gulf requires a more concerted effort to embrace practitioner generated ideas to develop these into theories closely related to organisational concerns rather than purely academic predilections. In this situation, only the most robust of existing theories, with utility for organisations, would survive and continue to be promulgated. A future scenario for OB is envisaged where hybridized theorizing and research are developed and communicated to a wider practitioner audience.

To provide a selective bibliography on reported empirical evidence regarding the compatibility/trade‐offs relationships between delivery reliability and other manufacturing capabilities, and also identify specific areas for future research.

The paper conceptually examines published studies which have reported a trade‐off/compatibility situation between delivery reliability and other manufacturing capabilities such as internal quality, external quality, manufacturing costs, inventory costs, etc. Some different aspects of delivery reliability are also discussed.

Principally, the paper identifies a need to study in more detail the different variables (manufacturing capabilities, contextual variables and manufacturing practices) that could be potentially associated with the achievement of high manufacturing efficiency (high levels of outputs/low levels of inputs) in terms of delivery reliability, materials inventory and safety resources.

The literature review in the paper is intended to be exhaustive. Nevertheless, it is probable that scientific papers that report related/relevant material are involuntarily omitted.

By means of a detailed review of the literature, the paper identifies specific themes for future research. The paper also should be of help to practitioners as it gathers the empirical evidence regarding the compatibility/trade‐off situation between delivery reliability and other areas of manufacturing.

Some papers have dealt with literature reviews on manufacturing strategy as a whole. Nevertheless, to the best of our knowledge, this is the first paper that offers a literature review on delivery reliability. This paper also suggests a novel model of manufacturing efficiency and also proposes a methodology (data envelopment analysis) with which this approach can be examined in more detail.

The purpose of this paper is to argue for an integrated explanation of financial fraud. Greater emphasis must be placed on the structural and situational factors that are the elements of fraud risks and fraud.

The paper is based on a review of the literature on the explanation of financial fraud. Both micro- and macro-theoretical explanations of fraud were analysed to allow for a broader picture of the types of individuals that were involved in fraud, the rules governing their conduct and the types of law they broke.

The main reason why people commit fraud is that their crime propensity interacts with the elements present in criminogenic environments. Indeed, because most of the research on structural theories of fraud focuses on general criminality, not much has been done in the area of financial fraud. More research needs to be carried out to excavate the subterranean cluster of narrative on fraud risks and fraud.

To address the future contingency of fraud risks, the paper adopted a similar position of prior accounting research on financial crimes. The structural explanation of fraudulent behaviour considers individuals’ actions to be less the result of individual deviance and more the cause of societal forces. Structural theories take into consideration the individual psychology of the offenders and position it to reflect the various realities – institutional, structural and cultural life – they are caught up in. Future research must endeavour to address these concerns.

The manuscript is among a new stream of literature that addresses the structural elements of financial fraud.

Purpose – This paper aims at re-examining the predictions of agency theory with regard to the negative association between CEO duality (i.e. the Chief Executive Officer, CEO, serves also as the board chairman) and corporate performance. It also examines the role of other corporate governance mechanisms (board size, top managerial ownership and institutional ownership) as moderating variables in the relationship between CEO duality and corporate performance.

Methodology/approach – This paper uses the financial statements for the year 2006 of most actively traded Egyptian companies to examine these predictions of agency theory. Moderated Regression Analysis is used to analyse the empirical data.

Findings – The findings indicated that the hypothesized relationships between CEO duality, the moderating variables and corporate performance have changed. For companies characterized by large boards and low top management ownership, corporate performance is negatively affected by CEO duality and positively impacted by institutional ownership.

Research limitations/implications – A limitation of this study is the use of accounting-based performance measures because of the expected earnings management behaviours by CEOs.

Practical implications – The Egyptian Capital Market Authority should adopt a reform programme to encourage Egyptian listed companies to modify their governance structures by increasing top management ownership and reducing board sizes before incorporating the new governance rules into the listing requirements.

Originality/value of paper – The paper contributes to the literature on corporate governance and corporate performance by introducing a framework for identifying and analysing moderating variables that affect the relationship between CEO duality and corporate performance.

The paper aims to examine Martha Nussbaum's latest theorising about the capabilities approach in relation to the “causal weight” and “texture” of the anarchical condition of the international system.

The paper provides a detailed reading of Nussbaum's creating capabilities with regard to its explicit and implicit assumptions about international relations.

While the paper endorses the aims of the capabilities approach, it draws attention to the limitations of Nussbaum's engagement with the international level of world politics, including relevant international relations (IR) theory. The paper argues that a more explicit engagement with IR theory in general and the so‐called English School in particular would strengthen one of the shortcomings of Nussbaum's counter‐theory to dominant ideas in development economics.

The Human Development and Capability Association is committed to generating ideas to challenge dominant approaches to human development. As such, the sense of direction pointed to in the paper – identifying international relations as the priority area for research and reform – is a contribution to planning the next stage of its activities.

The paper focuses on the international level of world politics, and as such offers insights into what Nussbaum herself admits is an “undertheorized” dimension of the capabilities approach.

The purpose of this conceptual paper is to argue that leadership, including distributed leadership, is a concept of folk psychology and is more productively viewed as an emergent self‐organising property of complex systems. It aims to argue the case on the basis that claims to (distributed) leadership outrun the theoretical and empirical resources distributed and other leadership theorists can offer to support them.

The paper employs contemporary scientific as well as traditional philosophical criteria in determining the knowledge claims made by distributed leadership theories. Of particular importance are the coherence theory of evidence that employs the super‐empirical virtues, especially coherence to establish the scientific virtue of theory, and the conception of leadership as part and parcel of folk psychology.

When considering the basis of claims to distributed leadership from a neuroscientific and empirical perspective, there is little basis in fact about the existence of (distributed) leadership as an ontological category. Talk of leadership is a conventional, commonsense label for vastly more complex and fine‐grained causal physiological and neuronal activities within certain social contexts. In this sense distributed leadership is a conception available for reduction.

The significance and originality of this paper lies in the fact that it proposes causal investigations of social phenomena such as leadership; demonstrates the importance and necessity of interdisciplinary research; and outlines exciting new research agendas that both question traditional taken‐for‐granted conceptions of social explanations and suggests directions of where solutions may be found in the future that are defensible by the best of current science.

Professional organizations are encouraging accounting educators to better prepare their students for their professional careers by improving students’ interpersonal skills. Although accounting instructors are responding by including group activities in their courses, they may not be considering the negative impact of the phenomenon known as “groupthink” on the outcome of group problem solving. Our search of the Social Science Citation Index (2007) provides evidence that groupthink continues to be an area of research interest in academic disciplines other than accounting. Our search provides no evidence that accounting educators are acknowledging or addressing the potential influences the groupthink dynamic may have on students working in groups. The dynamics involved with groupthink have the potential to affect the quality of decisions made by accounting students in their classroom assignments as well as in their future professional lives. We describe the dynamics leading to groupthink, provide examples from our own experience, and offer accounting educators guidelines to discourage the impact of groupthink on the process of student work groups.

The purpose of this paper was to identify examples of management lore currently in the organizational sciences.

The authors deliberated and developed a series of examples of management lore in the organizational sciences and surveyed management practitioners concerning their beliefs in the lore hypothesized.

Pervasive beliefs that conflict with academic research exist in management practices. Although many of these ideas are commonly accepted as immutable facts, they may be based upon faulty logic, insufficient understanding of academic research, anecdotal evidence and an overdependence upon common sense. Buckley and Eder (1988) called these as examples of management lore. In this conceptual paper, we identify and discuss 12 examples of management lore that persist in day-to-day management practices. Topics we explore include personality, emotional intelligence, teams, compensation, goals, performance, work ethic, creativity and organizational citizenship behaviors.

A number of areas in which academic research gainsays what we believe to be an immutable fact.