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This article explores trust in the managerial context of integrity, performance and benevolence in contemporary Asian societies. Empirical evidence is drawn from three small Asian societies where reform and transitions characterise the current socio‐economic scene. As these countries attempt their recovery process from the severe economic downturn of mid 1997, managers of work organisations are calling on unique Asian ways of responding to global imperatives. Trust may be considered as a unique feature in these countries and it may be considered to be a central element defining the managerial frameworks. Indeed, the study findings allow us to suggest that trust is perceived strongly by the managers in these countries to be not only as the key critical assumptions but also it defined internal and external relationships.

At the turn of the 20th-century railroad regulation was hotly debated in the United States. Railways were accused of abusing of their monopolistic position, in particular by discriminating rates. Public opinion’s pressure for tighter regulation led to the 1906 enactment of the Hepburn Act, which strengthened the powers of the Interstate Commerce Commission. American economists actively participated in the debate. While most of them sided with the pro-regulation camp, the best economic analysis came from those who used the logic of modern law and economics to demonstrate how most railroads’ practices, including rate discrimination, were simply rational, pro-efficiency behavior. However, as relatively unknown Chicago University economist Hugo R. Meyer would discover, proposing that logic in public events could at that time cost you your academic career.

The purpose of this paper is to determine the ultra-high cycle fatigue behavior and ultra-slow crack propagation behavior of selective laser melting (SLM) AlSi7Mg alloy under as-built conditions.

Constant amplitude and two-step variable amplitude fatigue tests were carried out using ultrasonic fatigue equipment. The fracture surface of the failure specimen was quantitatively analyzed by scanning electron microscope (SEM).

The results show that the competition of surface and interior crack initiation modes leads to a duplex S–N curve. Both manufacturing defects (such as the lack of fusion) and inclusions can act as initially fatal fatigue microcracks, and the fatigue sensitivity level decreases with the location, size and type of the maximum defects.

The research results play a certain role in understanding the ultra-high cycle fatigue behavior of additive manufacturing aluminum alloys. It can provide reference for improving the process parameters of SLM technology.

Social capital, according to Pierre Bourdieu, is “the sum of the resources, actual or virtual, that accrue to an individual or a group by virtue of possessing a durable network of more or less institutionalized relationships of mutual acquaintance and recognition” (Bourdieu & Wacquant, 1992, p. 119). Robert D. Putnam (1993) agrees, characterizing social capital as predominantly in the nature of a public good. Ongoing global economic events have highlighted some of the weaknesses of free market capitalism. It is being suggested that social enterprises with their efforts to blend societal objectives and economic efficiency can play a role of catalysts in accomplishing this equilibrium. Given their positioning toward meeting dual goals rather than merely maximizing profit, social enterprises can function in zones where there are insufficient inducements for private sector activity. Thereby social enterprises fill the hiatus between the state and market provision. This chapter aims to conceptualize the process of innovation and the potential influence of social capital on social enterprises. Value created by a social enterprise emphasizes the importance of sharing benefits among its stakeholders. This chapter examines the ways in which social enterprises co-create value for society and how social enterprises inherit, generate and invest in social capital.

Much of extant literature on entrepreneurship ecosystems is geared toward mid- and large-size metropolitan areas, and small cities are considered disadvantageous without essential elements for the ecosystem. The purpose of this paper is to shed light on understanding how small cities can have vibrant entrepreneurship ecosystems.

This study conducted 42 semistructured interviews of entrepreneurs and supporters in small towns of Montana, USA. This study also supplemented with a survey of 178 firms.

Entrepreneurs in small cities enjoy dense support networks including experienced entrepreneurs, key business and civic leaders and elected officials. They also attend entrepreneurial events and establish connections with support organizations with a distance of 200 miles.

The cases in this paper demonstrate that small cities can have vibrant entrepreneurship ecosystems without urban diversity and agglomeration. That additionally means that we should not apply the theoretical framework developed with large urban areas to small cities and consider different models of development for small cities.

This paper presents a model for equipment selection in earthmoving operations, utilizing multi‐attribute utility theory, analytical hierarchy process and computer simulation. Fleet configurations in the developed model are generated randomly from predefined fleet scenarios within a specified range. Simulation experiments are conducted for these generated configurations. The performance of these configurations is obtained from simulation experiments in the form of four measures which represent loader utilization, hauler utilization, project duration and project total cost. The utility values which represent the degree of satisfaction with those measures are estimated. These utility values are multiplied by their corresponding measures’ weights, calculated utilizing the analytical hierarchy process, in order to estimate the expected utility for each configured fleet. The fleet configuration that has the largest utility value is selected as the optimum fleet for the case at hand. A numerical example is presented to illustrate the different features of the developed model.

The purpose of this study is to optimize single-bath dyeing process of wool and silk blend, to achieve uniform colour strength for both the fibre after the dyeing process. Due to different absorption characteristics of wool and silk, two-stage dyeing is preferred in the industry. If the fibres are dyed together, the wool fibre becomes darker and the silk fibre becomes lighter after the dyeing process. Solid dyeing effect can be achieved using a single-bath dyeing process.

The dye-acceptor sites in the wool fibre are first blocked using one commercial syntan Mesitol HWS. Then, the syntan-treated wool and silk fibres (80:20 blend ratios) are dyed with Telon Navy AMF dyes in the presence of sodium sulphate. To explore the influence of Syntan, sodium sulphate and the experimental conditions on the dyeing process and to optimize the process, central composite design (CCD) of four factors and three levels was tested.

The design process is optimized using four independent variables: Mesitol HWS concentration, sodium sulphate concentration, pH of dyebath and temperature of dyeing. Three levels of Mesitol HWS concentration (5, 10 and 15 per cent), sodium sulphate concentration (10, 20 and 30 per cent), pH (2.5, 4 and 5.5) and temperature of dyeing (70, 80 and 900°C) were selected for this study. These variables are optimized using response surface regression equation of the ratio of K/S wool and K/S silk. The predicted equation matched well with the experimental data.

This paper proposes the use of one-bath dyeing process of wool and silk blend fabric to reduce the dyeing time, process step and to save water.

This study examined the effect of good stewardship on agency costs and firm performance. The panel data analysis with the Panel Corrected Standard Errors (PCSEs) estimator was employed to analyze the effect of good stewardship on agency cost and the impact of good stewardship on the performance of 37 South African firms from 2007 to 2016. The findings of this study reveal that good stewardship has a significant positive effect on agency costs as well as firm performance, implying that the promotion of good stewardship should be accompanied by suitable strategies to manage additional agency costs.