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The purpose of this research is to increase academic understanding of the relationship between systems' political identity and their viability, and to contribute to anarchist-cybernetics by examining the idea of organization proposed by Malatesta using Viable Systems. The research also develops the understanding of the relationship between Viable Systems and the environment.

The author developed a content analysis method that uses dynamic analysis, identifying how some variables affect others, and data is analysed using the Viable Systems Model. The author used Dynamic Causal Diagrams and the Viable System Model to draw conclusions and build theory. The author examined 137 documents produced by Errico Malatesta, studying in detail 39 documents containing the researched concepts.

The article identifies the literature, proposes an organizational theory for society and for cooperatives, strongly grounded in both, self-management and control. It presents a theory of self-management as a balancing effort to the control exercised by the external economic, political and societal forces of the environment. The literature also shows a form of organization that can be interpreted using the VSM framework. The ideas about self-management found in the literature, extend to economics, social theory, ethics, organizations, management and even operations management. The article finishes proposing a set of committees linked to the VSM structure, and successfully bridges anarchism and organizational cybernetics.

The article presents a novel method of systems analysis for the study of literature. It discovers the theory proposed by Malatesta not identified previously. Using the VSM framework, the ideas presented by the author, are translated into the organizational identity, and the operation of cooperatives. It makes an important contribution to anarchist-cybernetics.

The purpose of this paper is to contribute for the special number Protest and Activism With(out) Organisation.

Elisée Reclus (1830-1905) wrote in 1851 that “anarchy is the highest expression of order”. This statement, clashing with the bourgeois commonplaces on anarchy as chaos, anticipated the theories, elaborated collectively by the anarchist geographers Reclus, Pëtr Kropotkin (1842-1921), and Léon Metchnikoff (1838-1888), on mutual aid and cooperation as the bases of a society more rationally organised than the State and capitalist one. If a (minority) part of the anarchist movement, in the following decades, assumed this sort of “natural order” to argue that there was no necessity of a political organisation, many militants stated on the contrary the necessity of a formal anarchist (or anarcho-syndicalist) organisation to prepare the revolution and to put in practice the principle of an horizontal and federalist society starting from daily life.

The author’s main argument is that the idea of a public and formalized anarchist organisation has been consistent with the claims of the anarchist geographers for the possibility of an ordered anarchist society and that it was a very geographical conception, as the spatial and territorial activity patterns of anarchist individuals, groups, and federations was a central issue among anarchist organisers.

Drawing on present literature on geography and anarchism and on the multidisciplinary transnational turn of anarchist studies, the author addresses, through primary sources, the contentions and openings of the organisational question in anarchism from Reclus, Kropotkin, and Metchnikoff to the anarchist federations of present day, and its links with the issue of constructive anarchism and with the problem of violence.

The centrifugal instability mechanism of boundary layers over concave surfaces is responsible for the development of quasi-periodic, counter-rotating vortices aligned in a streamwise direction known as Görtler vortices. By distorting the boundary layer structure in both the spanwise and the wall-normal directions, Görtler vortices may modify heat transfer rates. The purpose of this study is to conduct spatial numerical simulation experiments based on a vorticity–velocity formulation of the incompressible Navier–Stokes system of equations to quantify the role of the transition in the heat transfer process.

Experiments are conducted using an in-house, parallel, message-passing code. Compact finite difference approximations and a spectral method are used to approximate spatial derivatives. A fourth-order Runge–Kutta method is adopted for time integration. The Poisson equation is solved using a geometric multigrid method.

Results show that the numerical method can capture the physics of transitional flows over concave geometries. They also show that the heat transfer rates in the late stages of the transition may be greater than those for either laminar or turbulent ones.

The numerical method can be considered as a robust alternative to investigate heat transfer properties in transitional boundary layer flows over concave surfaces.

This article provides a snapshot of several innovative and underused methodological approaches employed by scholars from across public management.

A comparative review of methodological approaches to public management research is used.

The authors find evidence of scholars applying numerous novel methodological approaches to study social science phenomena, including agent-based modeling, nonparametic approaches, social network analysis, Granger equations and techniques for correcting selection bias.

The review does not cover all of the innovative methodological approaches used in social science. However, the methodological techniques showcased offer promise for advancing public management research, whether used as primary applications or as one of multiple methods (triangulation) to test the validity of research findings and/or to more comprehensively understand the phenomena being studied.

The techniques reviewed include example applications to aid researchers who may wish to apply them in their own research. The novel tools and methods already in use by public management researchers contradict the perception that public management methods have lagged behind other social science disciplines.

The purpose of this paper is to demonstrate with real data the enhanced statistical power of a GLS‐based event study methodology that requires the same input data as the traditional tests.

The paper uses full sample, subsample and simulated modified sample analyses to compare the statistical power of the GLS methodology with traditional methods.

The paper finds that it is often the case that traditional tests will not reject the null when a GLS‐based test may (strongly) reject the null. The power of the former is poor.

There are many published event studies where the null is not rejected. This may be because of the phenomenon being tested but it may also be because of the lack of power of traditional estimators. Hence, rerunning them with the authors' more powerful test is likely to reject some currently well‐accepted null hypotheses of no event effect, stimulating new research ideas. Moreover, as individual stocks have become more volatile, the additional power of the authors' methodology to detect abnormal performance for recent and future events becomes even more important.

There are more than 500 event studies in the top finance journals, which can broadly be split into two subgroups: contemporaneous shocks like changes in regulation and non‐contemporaneous events like mergers. GLS contemporaneous modeling of covariances in the former showed little efficiency gains. The paper's GLS modeling of variances for the latter demonstrates potentially huge effects. Practitioners should be skeptical of prior results accepting the null of no event effect and incorporate GLS to be confident of their future findings.

State ownership has been common especially in industries with restricted competition. In Russia, state-controlled firms represent around 41 percent of the market value of all listed firms (Deloitte, 2015). Yet, there is a significant gap in the literature regarding the effects of various forms of government control in listed firms. The purpose of this paper is to fill this gap by exploring the impact of the complexity of state ownership and competition on the performance of Russian listed firms.

The sample consists of data for 72 firms (360 firm-years) in the Russian MOEX broad market index during 2011–2015. The complexity of state ownership is captured by studying forms of state control including majority/minority, direct/indirect, federal/regional, mixed structures and golden shares.

The authors find significant differences in performance relating to different forms of state ownership. State control is negatively related to firm valuation and the sales/employees ratio. Performance is weakest when state ownership takes the form minority, regional or direct ownership. State control through golden shares typically outperforms other state-controlled firms. The authors find indications of employment prioritization beyond the economical optimum. In addition, the relation between state ownership and profitability becomes positive in sectors where state firms appear to enjoy lower competition.

While the effects of state ownership have been studied on many markets, there is a lack of studies on the effects of different forms, or the complexity, of state ownership beyond direct and indirect ownership. The authors contribute to the literature on the performance effects of state ownership by studying a multitude of forms of governmental ownership as well as the role of competition in Russia. Especially the profitability of state-controlled firms is significantly affected by industry characteristics. Implications of the results are discussed both from firm and policy maker perspectives.

The market for mergers and takeovers, often referred to as the market for corporate control [Manne (1965)], has always attracted the attention of investors and researchers because takeovers represent corporate investment decisions on a scale several times larger than the normal, ongoing, growth‐maintaining capital outlays by the typical value‐maximising firm. Although the theoretical justifications for such corporate actions are reasonably well understood, the true motives for the mergers and the strategies adopted by acquiring firms to consummate them can be complex and diverse in scope. Corporate acquisitions can therefore have widespread effects on the wealth of various groups of agents involved in the market for corporate control.

The purpose of this paper is to examine the long‐term post‐acquisition share performance of Malaysian acquiring firms over the period 2000‐2004.

The authors use the event‐type methodology to analyse acquirer returns in relation to target status, method of payment and other firm characteristics, using both univariate and multivariate analyses. In total three performance measures are used to identify the long‐term share performance of acquiring firms: cumulative market‐adjusted abnormal returns, the buy‐and‐hold market‐adjusted and buy‐and‐hold matched‐sample abnormal returns.

The results show the existence of negative abnormal returns to acquirers over two‐ and three‐year periods after acquisition. The study also finds that acquirers of private targets earn negative returns, while acquirers of public targets earn insignificant returns. It is also found that under‐performance is limited to the small size acquirers and to large relative‐size acquisitions. Furthermore, the results indicate that acquirer's long‐term performance is not related to the method of payment and book‐to‐market ratio of the acquirer.

The Malaysian stock market is relatively small compared to the US and UK markets where most previous research has been carried out. The current study allows us to assess the robustness of the models and whether the findings in developed markets may be generalized to the smaller developing markets. This paper contributes to the present body of knowledge by offering evidence of acquirer's post‐acquisition performance from a developing market.

Public management researchers have successfully leveraged theory to advance the understanding of contracts and the different governance structures that underpin contract relationships. Yet there is still much to learn about the implications for different governance structures. Applying insights from property rights, the purpose of this paper is to examine the substance of initial government contracts and their subsequent amendments in order to determine whether allocation of decision rights leads to better or worse contract amendments.

The authors evaluate the text of initial contracts and their subsequent amendments in 258 government–business relationships and focus on the implications of assigning key decision rights to the party with most relevant knowledge expertise.

Two primary findings are presented. First, initial contracts where knowledge expertise and the associated decision rights are co-located (i.e. integrated) are likely to be associated with ex post adjustments that benefit both parties to the contract. Second, the authors find that this initial finding is likely a result of government integration as opposed to supplier integration.

Given that we know most professional service contracts require some form of contract amendment over time, this research helps us understand why some amendments will reinforce the collaborative (Pareto enhancing) nature of the relationship, while others may be more one sided (rent seeking). Unlike other theoretical approaches (e.g. transaction cost theory), property rights theory provides guidance for such decision making.