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This paper aims to use macro-level theories based on the equilibrium between the exploration and exploitation of resources in an organisation to examine the association between turnover and performance through the analysis of a professional football (soccer) team in the Premier League, namely, Manchester United Football Club.

This study compiles historical data for 24 seasons of the Premier League between 1984-1985 and 2008-2009. Using these data, the authors define measures of performance and player turnover.

The results show the existence of an inverted U-shaped relationship between exploration and exploitation (turnover processes) and group efficiency under certain conditions, such as the number of work systems considered and the period during which the level of turnover is calculated.

Most research on employee turnover suggests that reductions in turnover have a positive effect on the efficiency of the organisation. However, the present study suggests that worker turnover can be analysed using theories based on the equilibrium between the processes of resource exploitation and exploration, especially for high-performance work groups. These theories predict an inverted U-shaped relationship between turnover and performance, which has been identified through empirical analysis.

The introduction of financial fair play (FFP) regulations in 2011 was accompanied by criticism that they would have an adverse effect on competitive balance in European football. Counter-points were also expressed, suggesting that the opposite would occur; that they would actually increase competitive balance through reducing the importance of financial power. The lack of clarity and cohesion on this issue prompted this paper. The purpose of this paper is to examine the effect FFP has had on competitive balance in the English Premier League.

The analysis conducted uses the Herfindahl Index of Competitive Balance as the primary method, and is supported by standard deviation of points analysis and a Scully-Noll ratio analysis, which together provide an indication of the level of competitive balance for each of the past 21 seasons, from 1995/1996 to 2015/2016. This examination allows for the trends in competitive balance to be identified, with emphasis drawn on the seasons after the introduction of the regulations.

The results provide no indication that FFP regulations have resulted in a decline in competitive balance in the EPL, instead hinting that a positive effect may have been caused. This positive effect exceeds the primary aim of the regulations and underlines their importance in the future stability of club football.

While underlining the need for further research on the topic, this study provides the first insights into the effects of FFP regulations on competitive balance in the EPL. These insights would support the view that FFP initiatives have begun to shift the focus of sporting competition away from financial strength towards more natural means of competition such as efficiency, innovation and good management.

Maintaining human capital in the hotel industry is challenging due to high turnover. Through the implementation of circular economy theory, hotels are finding that human capital retention can be achieved via Quality of Life (QOL) outcomes by providing Corporate Social Resposibility (CSR) initiatives in the employee brand experience that focus on “place” attachment.

The approach is qualitative and three interviews were conducted with professionals from luxury hotels. The results were then compiled for each interview to determine whether QOL outcomes were in fact experienced by the interviewee in their designated hotel company.

Based on the interviews, all three hotels do incorporate CSR initiatives that focus on “place” attachment. Consequently, employees experience QOL outcomes that result in their retention within the hotel company.

An issue that hotels face is employee turnover. However, with experience-driven human capital management, retention can be achieved by ensuring that QOL outcomes are properly incorporated into the employee brand experience. In so doing, hotels can ensure that employees are engaged in their surrounding “place” through CSR initiatives that attach them to the local area.

This study aims to identify seasonal drought using standardized precipitation index (SPI). The following specific objectives are to generate result and identify seasonal drought and determine different scale of seasonal drought and its impacts on cropping season.

Seasonal SPI was calculated using long-term rainfall data for three seasons. The SPI was calculated using the formula and it is effective for the determinants. This study showed the functional relationship between drought duration, frequency and drought time scale using the SPI. SPI=X−X¯σ.

Seasonal drought occurs more frequently in Bangladesh that affects crops and the agricultural economy every year. More severe drought was recorded during the Kharif-1 and Kharif-2 seasons and most crops were affected in these two seasons. No severe or moderate drought was recorded during the Rabi season. The results showed that monsoon crops were severely affected severely by extreme and severe droughts during the Kharif-2 season. Eventually, the people remain jobless during the monsoon, and they experience food shortages like monga. Several obstacles were recorded during the season, including delayed preparation of land, sowing, transplanting and other farming activities because of monsoon droughts. This study revealed that very frequently, mild dryness occurs in winter, but crop loss is minimal. The scale and occurrence of extreme droughts are more frequent during monsoons and reduce crop yields, affecting livelihoods in the study area. Seasonal drought affects cropping patterns as well as reduce crop yields.

The outcome of this study derived from the secondary data and field data.

Climate change is the most concerned issue in the global economy; increase in climate variability and uncertain climate events have caused distress in agriculture sector. The study estimates economic effect of climate change on agriculture income for the Indian state of Karnataka. The study reports the difference of result from past studies, where estimates from present study indicate higher negative impact of rise in temperature.

Fixed effect panel regression method was used to examine change in agriculture revenue to climate response. Climate variables were classified based on the crop calendar to capture the damage caused by climate change. The authors use fine scale climate data set constructed at regional context for 20 districts and time period of 21 years (1992–2012).

The result showed that with 1-degree rise in average maximum temperature, the revenue declined by 17–21%. The prediction behavior of the different models was evaluated using out-of-sample forecast approach by training and testing historical data set.

The study adopts recent data sets on agriculture and the updated climate variables to estimate the climate change impact on agriculture. The study yields the better results when compared to previous traditional models applied in literature in Indian context. The study further evaluates the prediction behavior and robustness of the estimated models using out-of-sample forecast method.

Agricultural markets for commodities have tended to be unstable with high variability in prices received by producers from year‐to‐year. These conditions have always made production planning very risky over time. For this reason and others, since 1933, the federal government has supported commodity prices in one fashion or another at or near break even. Support programs have put pressure on the annual federal deficits and subsequently have added to the national debt. This paper investigates the use of private agricultural options contracts as a price risk management tool. Use of put options was compared for four commodities to the use of forward pricing, the use of cash prices at harvest and the use of futures as commodity pricing strategies. Private put options were found to be a useful alternative to the use of government prices upports in some commodity situations. The paper suggests that the use of option contracts provides additional flexibility in price risk management and in dealing with uncertainty. This knowledge was found to be especially useful in light of current cuts in federal price supports in current federal budgeting activity.

The purpose of this paper is twofold: first is to examine the changing spatio-temporal patterns and regional trends in residential fires; and second is to investigate the likely association of fire risk with seasons, calendar events and socio-economic disadvantage.

Using spatial analytic and predictive techniques, 11 years of fire incident data supplied by the Queensland Fire and Emergency Services are mapped and analysed.

The results show significant spatial and temporal variability in the distribution of residential fires. Residential fire incidents are more likely to occur in the inner city and across more disadvantaged areas. Mapped outputs show some areas in Brisbane at a higher risk of fire than others and that the risk of fire escalates at specific times of the year, in neighbourhoods with a higher disadvantage, during major sporting events and school holidays. The residential fires showed strong seasonal periodicity. There is a continuous yet gradual increase in the number of fire incidents recorded for all five sub-regions within SEQ. Sunshine Coast experienced the highest upward trend whereas Toowoomba and West Moreton show the lowest increase.

This study provides an empirical basis to guide future operational strategies through targeting high fire risk areas at particular times. This, in turn, will help utilise finite resources in areas where and when they need and thus enable minimise emergency management costs.

Explains how a public library can compute the actual cost of distributing tax forms to the public by listing all direct and indirect costs and demonstrating the formulae and necessary computations. Supplies directions for calculating costs involved for all levels of staff as well as associated public relations efforts, space and utility costs.

The Paris Agreement signed by 195 countries and the European Union in December 2015 provides a global framework for mitigation and adaption strategies in face of climate change. The hospitality industry is hungry for resources, in particular energy, but also directly affected by changes in the environment – whether operating a ski resort in the Alps or a coastal retreat, whether a restaurant sourcing its food locally or organically, the effects of climate change are felt first-hand. Thus, the agreement has direct implications on the future of the industry. The authors argue that a new era of climate-adaptive hospitality is starting. The chapter is conceptual in nature. The author’s assumption is that the construction of climate-conscious identity is caused by the public opinion on climate change on the one hand and climate-adaptive solutions that affect guest during their vacations, on the other hand. The development of a climate-consciousness among guests and employees is crucial to create a climate-adaptive hospitality industry. A definition for the concept of ‘climate-adaptive innovation’ is suggested.

The purpose of this paper is to evaluate the implications of and assess the economic and sustainable impact of environmentally friendly technological packages introduced into agribusiness players in the centre of chilli-producing regions of Indonesia.

This study used a theory of optimisation in production as a fundamental analysis. Producers are assumed to maximise profit by allocating rational amounts of inputs as the components of technological packages. A combination of qualitative and quantitative methods was used. The rate of technology adoption was evaluated, and agribusiness performance was measured using an economic advantage and technical efficiency. Data were compiled using group discussions and individual surveys.

The packages of technologies improved economic and sustainability performance of agribusiness resulting from efficient use of agrochemicals and water resource, and increase the production. Socio-economic and technical factors influenced performance farmers, as agribusiness players responded positively towards the ecological technology packages.

The sustainability of agribusiness was indicated by the reduction in agrochemical use and by the efficient use of water irrigation. There are other measures of sustainability, which are beyond this study. Additional studies are expected to fill the gap.

Considerable potential exists for broad adoption of these technological packages in Indonesia if they are disseminated effectively and in a close partnership with local extension agencies, farmers’ organisations, local non-governmental organisations and private sectors.

This study provides a realistic representation of a current condition because this is an empirical study conducted at the grass-root level. Sustainability of agribusiness practices was achieved with ecological technological packages.