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The purpose of this paper is to examine the determinants of mutual funds’ performance at both a country level and a fund level in Vietnam.

The different types of funds with more than three-year operation are selected to remove outliers of the stock market boom from 2015 to 2018. The data set includes 54 mutual funds operating during the period from 2008 until November 2018.

The research finds that there is a positive relationship between macroeconomics and mutual funds’ performance. Furthermore, country-level governance such as regulation effectiveness, political stability, economic growth and financial development has a positive correlation with mutual funds’ performance. However, the impact of fund-level factors is diverse with the no significant impact of board size on mutual fund’s performance, while passive funds perform better than active funds in Vietnam.

The research results suggest that investors should pay attention to the types of funds and operating expense when making an investment decision in mutual funds. There are some recommendations for both government policy-makers and the mutual fund industry that are likely to facilitate the development of this field in Vietnam.

The research contributes to the understanding of what are the factors that should be considered when investing in mutual funds.

A comprehensive whole‐school approach has emerged as a promising model for building connectedness in the school setting. The health‐promoting school model, through its whole‐school orientation and attention to the school organizational environment, identifies structures and processes that influence school connectedness. This paper aims to investigate this model.

This study examines the key mechanisms of health‐promoting school structures and processes, as well as the pathways of their influence on school connectedness, by using a qualitative case study methodology in three school communities in southeast Queensland, Australia. In‐depth interviews, focus groups, observations and documentary evidence provided the data.

Key elements of the health‐promoting school model that facilitated interactions between school community members were events that were characterised as positive, social, celebratory, and with no financial cost, as well as informal gatherings that involved food or events with communal eating. Through these interactions, mutual reciprocal relationships were developed. School community members began to learn about and understand one another's positive qualities, which in turn promoted additional aspects of school connectedness. The key elements and pathways of the health‐promoting school approach were supported by factors such as informal teaching, reinforcement, adequate time for relationships to develop, and being embedded within the whole‐school orientation. The results of this study are used to formulate a theoretical model of how the health‐promoting school approach builds school connectedness.

These findings are important because they provide insight into the central role of food in the school culture and how it links other key elements and factors that can be implemented in the school setting to build connectedness.

The purpose of this article is to analyze how learning occurs in inter-organizational online communities, despite highly diverse even conflicting knowledge claims among participants.

We compared two inter-organizational communities in the domain of development aid through inductive qualitative case study.

We found that diverse communities proved more likely to yield conflicting knowledge claims in terms of expertise, value consensus and formal position. However, they were also better positioned for enabling mutual learning, than communities with a more uniform representation.

We provide theoretical insights for knowledge management by showing how the negotiation of knowledge claims facilitates mutual learning in inter-organizational online communities.

The findings are practically relevant for managers of knowledge-intensive organizations by showing how knowledge is shared in diverse online communities. The research also shows that the recognized challenges which diverse communities can yield are likely to be outweighed by their benefits: enabling mutual learning, generating useful expertise and a stronger negotiating position.

The paper conceives of a development approach that is more inclusive of non-dominant perspectives and solutions in decision-making processes, contributing to improved participation of marginalized people in decision-making processes.

We add a new dimension to knowledge management literature, showing how conflict and learning can be a mutually reinforcing process. Contrary to prior knowledge-based views, we found that a diverse community, with a higher concentration of conflicting knowledge claims, facilitated mutual learning more adeptly than a more uniform community. This is important for knowledge management theory and practice because it shows how inter-organizational communities can benefit from heterogeneity, and how conflict can enable and even strengthen mutual learning.

Alliancing and partnering have been extensively used to stimulate collaborative relations between supply chain members as well as to address the need to improve the performance of projects. Recognising the need to build and sustain relationships in alliances, the paper aims to present a model that is developed and tested by industry practitioners who are regularly involved with alliance contracting. The developed model can be used to encourage a culture of reflective learning and mutual trust, beyond merely project‐specific performance outcomes.

To examine the applicability of the conceptual model to alliance contracting in construction an exploratory approach was adopted. A total of 49 in‐depth interviews were conducted over a six‐month period with a variety of industry practitioners (clients, contractors, design consultants, construction lawyers, and alliance facilitators) who had extensive experience with working in alliance contracts. Interviews were used as the mechanism to examine the themes and constructs identified from the literature.

The relationship development process represents a major contributor to successful alliance contracting and can add considerable value throughout the supply chain. There is a recognisable structure to relationship development that is underpinned by specific themes that should be considered when managing the alliance relationship. Trust and commitment are explicit elements that should be continually maintained in an alliance contract, and can significantly contribute to joint learning from joint problem‐solving activities. From the respondents' perspectives it appears that the entire process of relationship development hinged around individual relationships, trust and organizational development.

A three‐phase model for building alliances is developed and can be used by practitioners to improve the performance of projects.

It is suggested that the developed model can be used to promote a culture of reflective learning and mutual trust, beyond merely project‐specific performance outcomes.

The research develops a model for relationship development and maintenance in construction projects so that sustainable relationships can be established. The proposed model includes three phases: assessment, commitment and endurance. Being able to manage each of these phases effectively is critical for successful project delivery and stimulating innovation.

The purpose of this paper is to show how workers successfully address constraints posed by distributed work – specifically, the lack of cognitive common ground or “mutual knowledge” – through emergent practices.

The authors draw on archival and interview data collected over a ten-month period, from two matched product development teams, one working side-by-side in the USA and the other distributed between the USA and India.

The paper illustrates how distributed team members compensate for the difficulties presented by the lack of mutual knowledge by modifying their use of knowledge management systems and communication technologies to coordinate work, and using temporal and task-based differences to facilitate problem solving.

This study answers calls to examine how distributed teams actually work. By emphasizing the creation of new practices over knowledge transfer and employees’ perspectives over managers, the paper adds to current understandings of how aspects of the mutual knowledge problem can be alleviated. Since emergent practices are not dependent on shared values or identities, they can coordinate action without compromising the distinct perspectives of workers or constraining the diversity that inspires innovation. In addition, the attention to problem solving in distributed teams – particularly tacit knowledge recombination – extends a literature primarily focussed on communication and coordination processes.

In this paper, the authors shift the focus from managerial and organizational policies to the emergent practices of workers themselves, by showing how the authors successfully coordinate and innovate in a changing organizational context.

To understand the motivations for adopting RI practices for institutional investors and asset managers; to understand the different RI strategies available to institutional investors; to understand the impediments to adoption of RI at an organisational level; to debate how financial institutions can drive the growth and adoption of RI among the investment community; and to illustrate the complexities of organisational change and the strategies that institutional entrepreneurs can use to overcome resistance to change from key stakeholders.

The case is set in October 2017 against the backdrop of the pending unbundling of Old Mutual plc into four new independent businesses, and the subsequent relisting of Old Mutual Ltd on the Johannesburg Stock Exchange in South Africa. The head of responsible investment at Old Mutual Investment Group and the main protagonist of the case, Jon Duncan, is considering what the subsequent relisting will mean for the responsible investing programmes that he has set up over the past six years. The case goes on to describe how responsible investment principles were supported through the implementation of ESG integration and active ownership strategies. It also examines recent developments in ESG product innovations and demonstrates another technique available to responsible investment practitioners in the form of best-in-class ESG screening. The case ends with Duncan contemplating the strategic priorities of the RI team moving forward, and how the managed separation might impact on the RI agenda. It provides prompts for students to discuss and formulate a strategy for advancing the aims of responsible investing.

The case is aimed at postgraduate-level students enrolled in a management-related degree programme such as an MBA, and covers both sustainable and responsible finance and institutional entrepreneurship theory.

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CSS 1: Accounting and Finance

The emergence of the Chinese aid consensus has come to have profound implications for sustainability. The Beijing Consensus “sovereignty doctrine” of non‐interference, presents a stark contrast to the Washington Consensus architecture of imposed conditionalities and the serving of geopolitical interests. For this reason, from Africa's perspective, the Beijing Consensus appears to represent the preferred comprehensive meta‐narrative for Africa. The purpose of this paper is to discuss the attributes of “good” aid architecture in relation to the peculiarities of Africa's challenges.

In examining its principles, objectives, framework differences and impact, the Beijing model shows that it supports the human rights which “unleash”, empower and protect self‐directed development grounded in ownership and in the strategic interests of recipients.

The Washington Consensus has been problematic for African development because it is economistic and exclusively instrumentalist. While conceding to this shortcoming, the inability of the consensus to appreciate the unique and complex development problems of Africa is more troubling. Comparing the two, the Beijing Consensus, which is multidimensional and encompasses the intrinsic and non‐economic roles of development aid, with the consequence of over‐emphasizing expanding local policy, is adjudged practical for Africa. The conclusion is that the dominant Washington Consensus is too poorly articulated and structured to respond to declared determination for ownership, mitigating capabilities deprivation, and improving development control.

This paper has argued that the basic approach of the Beijing Consensus has been more generous and more attractive for sustainable development in Africa. Much more important, perhaps, is the ability of the consensus to appreciate the unique and complex development problems which occur as a consequence of donor deafness on limited rights and conditionalities. In sum, the Beijing Consensus results in exclusionary changes of “less magnitude and speed” and promotes poverty reduction and sustainable development. Taken together, these factors and practices mean that the Beijing Consensus best serves the staircase of a nation's pathway to indigenous development, when compared with the Washington Consensus. Such a comprehensive meta‐narrative that builds alliances and creates a foundation for enlightened and effective politics of development aid will “unleash”, empower and protect the full potential of Africa.

This chapter describes the evolution of the Brazilian investment fund industry and the impact of domestic and international crises on investors, managers and the main types of funds offered in Brazil. In particular, it explores the effect of the subprime crisis and shows that the first wave of this crisis had very little impact, but the second wave with the collapse of Lehman Brothers did have a major impact on risk, returns and flows of the mutual fund industry in Brazil.

The use of partnering has grown within the public sector of the UK construction industry. Central to partnering is the use of the partnering charter. The charter establishes the mutual objectives of the project team. The purpose of this paper is to investigate the types of objectives that are identified and the potential reasons for them.

A number of partnering workshops have been undertaken through one of the University of Salford's Enterprise Units, the Centre for Construction Innovation. Each of these generated a workshop report, which captured the discussions during the day. These have been analysed in order to establish the different mutual objectives that have been identified for different projects.

The results show that while the key issues of time, cost, quality and safety are still central to what teams identify as successful project delivery, issues surrounding management of relationships including external stakeholders, such as the public, are also prevalent. In addition, there is an increase in identified objectives surrounding sustainable development issues, covering social and environmental goals.

The findings provide strong indications that construction is moving towards a more complex regime of objectives in the context of value procurement and partnering arrangements. The objectives identified by the different project teams show that construction projects are now considering both soft management issues and sustainable development as central to the successful delivery of projects.

Firms increasingly rely on both external and internal crowdsourcing to capture ideas more broadly and enhance innovative problem-solving. Especially in internal crowdsourcing, knowledge sharing that contributes to develop or further the understanding of the problem the idea is focused on solving can take place between critical employees, and in that way improve ideas generated by others. This far, most crowdsourcing practices have focused on identifying solutions to proposed problems, whereas much less is known about how crowds can be used to share problem-related knowledge. There is thus an untapped potential in leveraging crowds not just to generate solution-oriented ideas but also to share knowledge to improve ideas and even to reframe problems. This paper aims to explore the effect of problem- and solution-related knowledge sharing in internal crowdsourcing for idea development.

Data on ideas and comments were collected from an idea management system in a Swedish multinational company. The investigation captures the influences of the problem- and solution-related knowledge sharing on ideas based on content analysis and logistic regression analysis.

The results from this study show that sharing knowledge related to solutions in idea development impacts idea acceptance positively, whereas sharing knowledge related to problems in idea development has a negative effect on the likelihood of idea acceptance and these effects of knowledge sharing are moderated by the active author responses.

This research provides managerial implications for firms to deliberately manage knowledge sharing in peer communities in internal crowdsourcing, especially by providing suggestions on problem reframing and solution refining for ideas.

The results contribute to existing theory in terms of extending the view of crowdsourcing in ideation to include how crowds contribute to the development of the problem and the solution during the development of ideas and providing new insights on knowledge sharing in internal crowdsourcing based on problem-solving theory.