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1 – 6 of 6This study aims to investigate the impact of FTX bankruptcy on the global stock markets, including both the developed and emerging markets, as per the Morgan Stanley Capital…
Abstract
Purpose
This study aims to investigate the impact of FTX bankruptcy on the global stock markets, including both the developed and emerging markets, as per the Morgan Stanley Capital Investment (MSCI) country classification.
Design/methodology/approach
Using the daily closing prices for leading stock market indices of all 47 countries in the MSCI market classification, comprising 23 developed markets and 24 emerging markets, the event study methodology is used to examine the impact of the event on developed markets, emerging markets and overall global equity markets.
Findings
The study finds heterogeneous effects of the event on different countries. Results indicate that overall global equity markets experienced a statistically significant positive cumulative average abnormal returns of 15.8533% in the complete event window of 28 days from t − 7 to t + 20. The authors conclude that traditional global equity markets can be used as a hedge against potential financial risk posed by unfavorable events in the cryptocurrency markets and have safe haven properties.
Practical implications
The study emphasizes the global financial system’s interconnectedness and the potential of traditional equity markets to hedge risks in the cryptocurrency market. The findings are relevant for investors seeking portfolio diversification and mitigating their exposure to potential risks in the cryptocurrency market.
Originality/value
To the best of the authors’ knowledge, the present study is the earliest attempt to comprehensively examine the impact of the bankruptcy of the world’s fourth largest cryptocurrency exchange, FTX, on the global equity markets.
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In this chapter, the author dwells on the effects of documenting and the failure to document, border lives and deaths. Despite their apparent differences, both practices function…
Abstract
In this chapter, the author dwells on the effects of documenting and the failure to document, border lives and deaths. Despite their apparent differences, both practices function as forms of erasure. While the Australian government has historically been keen to document the number of asylum seeker arrivals in this country, it has shown no interest in the numbers and names of those who have died in attempting to arrive here. In contrast, those who manage to cross the border, are subject to intense classificatory and numbering regimes. The latter manifests in bureaucratic control and excessive intervention, while the former reveals governmental denial of complicity in these deaths by not acknowledging them. Both practices share a refusal to encounter the other on ethical terms, reflecting the politics of numbers (Andreas & Greenhill, 2010) at and within the border. This also reveals a paradox, between being represented and not being represented. In the lacuna of details about border deaths, human rights organisations, researchers and advocacy groups have sought both to honour these deaths and to ensure that the scale of border violence is marked by statistical records on the numbers of border deaths. While it might seem that being ‘counted’ – or in Butler’s (2003, p. 41) terms – ‘represented’ is better than not being counted/represented at all, representation is never straightforward (Szörényi, 2009b, p. 185): being counted is often barely a form of representation, with such ‘numbering’ practices contributing to the effacement, rather than the recognition of refugees’ humanity.
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Francine Richer and Louis Jacques Filion
Shortly before the Second World War, a woman who had never accepted her orphan status, Gabrielle Bonheur Chanel, nicknamed ‘Little Coco’ by her father and known as ‘Coco’ to her…
Abstract
Shortly before the Second World War, a woman who had never accepted her orphan status, Gabrielle Bonheur Chanel, nicknamed ‘Little Coco’ by her father and known as ‘Coco’ to her relatives, became the first women in history to build a world-class industrial empire. By 1935, Coco, a fashion designer and industry captain, was employing more than 4,000 workers and had sold more than 28,000 dresses, tailored jackets and women's suits. Born into a poor family and raised in an orphanage, she enjoyed an intense social life in Paris in the 1920s, rubbing shoulders with artists, creators and the rising stars of her time.
Thanks to her entrepreneurial skills, she was able to innovate in her methods and in her trendsetting approach to fashion design and promotion. Coco Chanel was committed and creative, had the soul of an entrepreneur and went on to become a world leader in a brand new sector combining fashion, accessories and perfumes that she would help shape. By the end of her life, she had redefined French elegance and revolutionized the way people dressed.
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This study aims to explore the intermediate role of self-differentiation in anger management and neurotic perfectionism for a sample of high achievers at some public universities…
Abstract
Purpose
This study aims to explore the intermediate role of self-differentiation in anger management and neurotic perfectionism for a sample of high achievers at some public universities in Egypt and Saudi Arabia. This increases the chances of these students obtaining their rights.
Design/methodology/approach
The researcher used the microcopy of Drake, Murdock, Marszalek and [(the Differentiation of Self Inventory—Short Form (DSI-SF)] scale, differentiation of self child-adolescent perfectionism scale and Davidson and Munro (2000) scale of neurotic perfectionism in addition to the anger management scale of the current study. The researcher used the appropriate statistical methods and the descriptive design to find the results.
Findings
The results showed that there is no statistically significant difference among male and female students in the positive anger management while three was a statistically significant difference among them in the negative anger management favoring male students. Further, there were no statistically significant differences among the study sample according to the country (Egypt and Saudi Arabia) in anger management (positive and negative). Moreover, there was a correlation matrix between the study variables as shown in the study; The statistical analysis was conducted to identify the suggested constructive model and variables of the study, anger management (positive-negative) as an independent variable, self-differentiation as an intermediate variable and neurotic perfectionism as a dependent variable among high achievers, This explains the necessity of preparing the environment for these students to become more healthy, through which they can enjoy all their rights as a category of special education, where most of the focus is on the handicapped groups from special education more than the high achievers’ students.
Originality/value
The study recommended that higher education courses should focus on anger management skills and the development of self-differentiation and the positive part of perfectionism. Also, the current study provided the educators of higher education with some suggestions to promote it and develop high achievers, which may lead to positive mental and physical health for high achievers and raising awareness of society and obtaining their rights in education and life.
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Eric Lambert, Jianhong Liu and Shanhe Jiang
Police officers' attitudes toward their employing organizations are impacted by officers' perceptions of justice within the organization itself, and these perceptions can affect…
Abstract
Purpose
Police officers' attitudes toward their employing organizations are impacted by officers' perceptions of justice within the organization itself, and these perceptions can affect the bond that officers form with their organization. The current study explored how perceptions of three dimensions of organizational justice (i.e. interpersonal, procedural and distributive justice) were related to the affective (i.e. voluntary) organizational commitment of Chinese police officers.
Design/methodology/approach
The data for the current study came from a voluntary survey of 589 Chinese police officers in three areas, one each in southern, central and western China.
Findings
Based on an ordinary least squares (OLS) regression equation, interpersonal, procedural and distributive justice had similar sized positive associations with organizational commitment.
Research limitations/implications
The findings support the contention that perceptions of organizational justice views are related to the commitment of Chinese police officers.
Practical implications
Raising the interpersonal, procedural and distributive justice views should raise the level of affective commitment of officers.
Social implications
Enhancing the justice views of officers should benefit officers by treating them more fairly, as well as benefiting the police organization by increasing commitment of officers.
Originality/value
There has been limited research on how the different forms of organizational justice are related to officer commitment, especially among Chinese officers.
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