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1 – 10 of over 1000The ATF case is a succinct opportunity to explore the many special features of leadership succession for a family business. In 2009 the company was passing the baton to the oldest…
Abstract
The ATF case is a succinct opportunity to explore the many special features of leadership succession for a family business. In 2009 the company was passing the baton to the oldest of three sons in the second-generation family business.
ATF produced metal and plastic fasteners for, primarily, the automotive industry. ATF had grown into a company with more than $50 million in annual revenues. The company had grown in large part through alliances with other family businesses around the world. First-generation patriarch Don Surber had led the company since he acquired it in 1982. Don was known for his charismatic leadership style and his focus on driving value through a network approach.
The case traces the career paths of all three sons and looks at the succession through the eyes of the oldest son, Jason Surber. The elements, constituents, and challenges of succession are evident. The fundamental insight is that business leadership succession is far more than just passing the business leadership baton. It also requires attention to the family, the board, the whole system of external stakeholders, and the future of ownership.
The epilogue in this note covers the period from 2009 to 2012 by describing what Jason did to earn credibility, to incorporate his brothers, and to define his personal leadership philosophy and style. The epilogue thus provides students with an opportunity to consider and define their own personal philosophy of management leadership and their own style. They will see the art of melding styles from the past with their own for the future.
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Incorporating DuBois's concept of a racial “double-consciousness” and extending Foucault's work on the Panopticon, I examine current day racial profiling processes and the effects…
Abstract
Incorporating DuBois's concept of a racial “double-consciousness” and extending Foucault's work on the Panopticon, I examine current day racial profiling processes and the effects of hyper-surveillance on communities of color. DuBois suggests that the citizen of color has a sense of duality based upon minority status and being an American. This duality offers insight into the way race “works” that few Whites comprehend. Foucault argues that the permanent visibility of those subjected to the Panopticon generates awareness of the power differential between individuals and the state. The current examination is a contextualization of narratives from people of color who experience governance and surveillance via racial profiling.
Seng Kiong Kok, Gianluigi Giorgioni and Jason Laws
– The purpose of this paper is to highlight the possibility of structuring an Islamic option which includes an element of risk sharing as opposed to risk transfer.
Abstract
Purpose
The purpose of this paper is to highlight the possibility of structuring an Islamic option which includes an element of risk sharing as opposed to risk transfer.
Design/methodology/approach
The approach adopted in this research involved a combination of a wa’ad (promise) and murabaha (cost plus sale) and examining if they could form a risk-sharing Islamic option. The payoffs were assumed to be dependent on bi-period outcomes.
Findings
The paper attempted to create a hybrid risk-sharing option by combining elements of both wa’ad (promise) and murabaha (cost plus sale). The results yielded are dependent on the eventual direction of the market (in-the-money, at-the-money and out-the-money). While the results are not definitive, they do provide arguments for the adoption of a risk-sharing, as opposed to a risk-transfer, methodology when it comes to structuring risk management instruments.
Research limitations/implications
One of the major limitations of this research is the inability to assess the Shariah compliance of the proposed instrument. Shariah compliance is determined by a Shariah Supervisory Board, and every effort has been made to ensure that Shariah financial principles are adhered to in the creation of this structure.
Practical implications
The structure provides some interest arguments in the creation of risk management tools under a Shariah financial framework. The structure illustrates the benefits of having a risk-sharing mode over the conventional risk-transfer stances of most risk management tools.
Originality/value
The paper offers a new way of structuring a risk management tool in Islamic finance. It explores the highly debated area of derivatives in Islamic finance and proposes a new way of creating a risk management tool that involves some elements of risk sharing.
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Monika J. Machen and Robert E. Richards
In 2002, it was estimated that occupational fraud and abuse cost organizations $600 billion, or roughly 6 per cent of their revenues. While there are various ways a company can…
Abstract
In 2002, it was estimated that occupational fraud and abuse cost organizations $600 billion, or roughly 6 per cent of their revenues. While there are various ways a company can protect itself from becoming a victim of fraud, one solution toward which many companies are turning is the use of fraud examiners to help monitor and detect fraudulent activities within their organizations.
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This paper aims to examine the regional dynamics that further consolidated Israel’s national security in the Middle East in the aftermath of the Arab Spring, reflecting upon the…
Abstract
Purpose
This paper aims to examine the regional dynamics that further consolidated Israel’s national security in the Middle East in the aftermath of the Arab Spring, reflecting upon the nuclear challenge between Iran and Israel and Iran's expanding activities in the region.
Design/methodology/approach
To prove the central argument, the study uses a conceptual framework that centers on deterrence as the main approach used by states to consolidate their influence in the Middle East region.
Findings
Iran's nuclear progress and influence in the region has strengthened Israel’s security and fostered an unprecedented open rapprochement led by USA efforts with the Gulf regimes.
Originality/value
The paper draws particular attention to the Iran–Israel nuclear competency, and the Israeli preferred policy options regarding Iranian activities in the region amid turbulent Middle East. In addition, the paper offers insight to the regional dynamics that further consolidated Israel’s national security in the region while maintaining a status of Arab vulnerability and backwardness.
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This personal narrative describes the results of a tragic gun accident involving my young son and his close friend. In this autobiographical narrative, I trace the effects of…
Abstract
This personal narrative describes the results of a tragic gun accident involving my young son and his close friend. In this autobiographical narrative, I trace the effects of youthful offender laws on my family and explain how our state's juvenile justice system transformed our family's lives for over three years. In addition, as both a participant and a sociologist observer, I show how race and class have conditioned the accident's outcome. As Griffith and Smith's (2005) work on mothering for schooling illustrates, social class greatly affects the relationship between school and family.
In our case, largely because of my training as a researcher and my husband's background in education and psychology, we were able to make the juvenile justice system work as positively as possible for our son. And, because of my privileged position as an academic, I am now able to make visible the effects of youthful offender laws on one youthful offender and his parents.
Safiya Sinclair and Gregory B. Fairchild
Jason has had a string of bad luck: he was fired from his job, his car got repossessed, he had to move back in with his mother when he was unable to make rent on his apartment…
Abstract
Jason has had a string of bad luck: he was fired from his job, his car got repossessed, he had to move back in with his mother when he was unable to make rent on his apartment, and his girlfriend dumped him. He is feeling unmotivated and discouraged, but also recognizes—at his mother's insistence—that he needs to start contributing to the household. Following his mother's orders, he heads to the local strip mall seeking employment.
How hard could it be to get a job, anyway?
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In 1972, Mr Andreou became a member of the Institute of Chartered Accountants for England and Wales (The Institute). On 14th December 1993, the disciplinary committee of the…
Abstract
In 1972, Mr Andreou became a member of the Institute of Chartered Accountants for England and Wales (The Institute). On 14th December 1993, the disciplinary committee of the Institute found him guilty of serious disciplinary charges and as a result he was excluded from membership. Mr Andreou wished to overturn this decision but failed to bring an internal appeal within 28 days, the time prescribed by the Institute's by‐law 85(c). Mr Andreou was refused an extension of time in which to appeal, being informed in a letter from the Institute that stated ‘The Institute had no discretion to extend the time limit’. Being unable to appeal, Mr Andreou then made an application for leave to apply for judicial review in order to challenge the vires of by‐law 85(c) and the decision of the Institute that it had no power to extend time. On 26th April 1995, Mr Andreou was granted leave by the Court of Appeal. He was also allowed to amend his application to include a claim for damages. However, he failed to enter a notice of motion within 14 days required by RSC Ord 53 r5(5). He then applied for an extension of time in which to enter his notice of motion. This was refused on the grounds of unjustified delay. The Court of Appeal dismissed his appeal against that decision but ordered that the claim continue as if it begun by writ pursuant to RSC Ord 53 r9(5). By amended notice the plaintiff applied for an order of certiori quashing the Institute's decision of 22nd February. A declaration that the by‐laws insofar as they imposed the 28‐day period for appeal without exception, were unlawful and damaging. The application was dismissed on the ground that the complaint was of a private character, notwithstanding it involved an examination of the Institute's by‐laws. The Institute appealed.
Bryan Mellan and Farrah Mauladad
Despite growing awareness of abuse of people with learning disabilities and prospective legal improvements, it is still uncommon for people with learning disabilities to obtain…
Abstract
Despite growing awareness of abuse of people with learning disabilities and prospective legal improvements, it is still uncommon for people with learning disabilities to obtain justice for experiences of abuse. It has been recognised that recent legislation pertaining to the Sexual Offences Act, as well as the Mental Health Act, has been little used and has not provided effective protection for people with learning disabilities, especially if abuse is perpetrated by another person with learning disabilities. This can leave the abused person feeling, among other things, disempowered and silenced, which can be compounded if they are believed by professionals and others and still no justice is evident. This paper is an account of supporting a man with learning disabilities, both therapeutically and legally, to obtain recognition of his experience of sexual abuse by using the Criminal Injuries Compensation Authority (CICA) as an alternative to the criminal justice system.