Search results

THE first production model of a longer Australian Nomad utility aircraft, designed for commuter airline services off main commercial routes was demonstrated at Avalon airfield, near Melbourne, in January.

The purpose of this paper is to empirically investigate how new healthcare professionals engage with information practices and information culture in their workplace, and the resulting influences on development and change.

A longitudinal study was conducted on a hospital training programme. Three series of focus groups provided data from 18 recently qualified nurses, supported by observations. Data were thematically analysed applying a framework consisting of six approaches to information use.

Newcomers take a proactive approach to seek, use and share scientific information, which is negotiated within existing information practices and organisational information culture. Their competencies, such as research skills, values, motivation and sense of integrity to use and share scientific information, often differ from those existing workplace practices. For this reason, they drive towards renewal and change.

Examination of organisational approaches to information use indicates clearly the necessity for improvements to meet the needs of information proactiveness and thus be able to face challenges and changes in an organisation.

This work sheds new light on newcomers’ information use, as they integrate into a workplace and interact with information practices and organisational approaches to information use. A significant contribution is the identification of the dynamics and interdependencies between newcomers’ individual agency in their way of seeking, using and sharing information, and the established community’s social agency promoting existing information practices and the organisational agency represented by information culture.

Cost estimation is an important decision‐making process where many factors are interrelated in a complex manner, thus making it difficult to analyse and model using conventional mathematical methods. Artificial neural networks (ANNs) offer an alternative approach to modelling cost estimation. ANNs are simple mathematical models that self‐organize information from training data. This paper explores the use of ANNs in cost estimation. Research issues investigated are twofold. First, this paper compares the performance of ANNs to a regression‐based method which leads to a better understanding of the applicability of ANNs. Second, this paper identifies the effect of different configurations of neural networks on estimating accuracy. Experimental results demonstrate the many advantages and disadvantages of using neural networks in modelling cost estimation.

The globalization of the world, in addition to obvious advantages, also brings potential problems. According to the authors, the problem is that the crisis phenomena occur simultaneously and in a very similar way in different countries. The emphasis on comparing the economic crises of the early twentieth and twenty-first centuries was caused by common features such as political instability, declining living standards, severe pandemics that swept the world and their consequences (twentieth-century coronavirus and Spanish flu of the twenty-first century). Comparative analysis allows assessing the causes of crises and their consequences. The importance of studying the 2020s crisis is that this crisis has become the most painful since the Global Great Depression in the 1930s.

The novelty is determined in the analysis of the situation of the economic crisis of the 2020s. The materials of the article are of the theoretical value for researchers studying crisis phenomena and anti-crisis measures, government bodies and business representatives.

The 2021 Malacca state election was the first state election in West Malaysia held post-2018 general election during the COVID-19 pandemic. This is a state where the governmental power fell into the hands of Pakatan Harapan (PH) during the 2018 general election before switching hands to Barisan Nasional (BN) and Perikatan Nasional (PN). After losing majority support, the state assembly was dissolved to make way for a fresh election. Although the Chinese voters in this election did not show much swing towards non-PH party, the support for PH is no long as enthusiastic as before. This chapter studies the political landscape in the 2018 general election focussing on Malacca before analysing the 2021 Malacca state election result that was held during a global health crisis.

Work enthusiasm and organizational socialization (Training, Understanding, Coworker Support, and Future Prospects) were compared in two predominantly Chinese regions, i.e., Macau (a former Portuguese territory in China) and Zhuhai in the People’s Republic of China. Data were collected from 276 (96 Macau and 180 Zhuhai) full‐time, line‐level, ethnic Chinese employees in the two regions. Results revealed the Zhuhai employees to be much more enthusiastic at work. The Zhuhai employees also evaluated Training, Understanding, and Future Prospects more highly than did the Macau employees (no differences were found for Coworker Support). Regression analyses revealed Future Prospects to be the strongest predictor of work enthusiasm in Zhuhai, while education and years on the job explained most of the variance for work enthusiasm in Macau. The results of the comparisons are discussed in terms of the similarities and differences in the cultures and economic development of the regions.

This paper aims to analyze systemic risk in and the effect of capital regulation on the European insurance sector. In particular, the evolution of an exposure measure (SRISK) and a contribution measure (Delta CoVaR) are analyzed from 1985 to 2016.

With the help of multivariate regressions, the main drivers of systemic risk are identified.

The paper finds an increasing degree of interconnectedness between banks and insurance that correlates with systemic risk exposure. Interconnectedness peaks during periods of crisis but has a long-term influence also during normal times. Moreover, the paper finds that the insurance sector was greatly affected by spillovers from the process of capital regulation in banking. While European insurance companies initially at the start of the Basel process of capital regulation were well capitalized according to the SRISK measure, they started to become capital deficient after the implementation of the model-based approach in banking with increasing speed thereafter.

These findings are highly relevant for the ongoing global process of capital regulation in the insurance sector and potential reforms of Solvency II. Systemic risk is a leading threat to the stability of the global financial system and keeping it under control is a main challenge for policymakers and supervisors.

This paper provides novel tools for supervisors to monitor risk exposures in the insurance sector while taking into account systemic feedback from the financial system and the banking sector in particular. These tools also allow an evidence-based policy evaluation of regulatory measures such as Solvency II.

Recent methods of data organisation have sought to preserve the original sequence of keys in the address space yet this often also results in the wastage of valuable storage space as a consequence of the simultaneous preservation of gaps in the sequence. The method of key space compression using forbidden zones seeks to minimize such wastage by removing those gaps in the sequence corresponding with keys which the designer knows beforehand cannot occur.

Founders have significant influence over many domains within family businesses, and their impact on companies may be felt even after leadership succession. Founders have therefore received much attention from scholars, policymakers, and entrepreneurship educators. This chapter characterizes the current literature on family business founders by identifying the topics explored and the range of methods and methodologies used in recent years to outline a research agenda for future study of founders of family businesses.

A scoping review was conducted to examine the extent and essence of contemporaneous research activity related to family business founders. Scoping reviews describe current research activity without evaluating individual studies and are effective in summarizing significant concerns and themes, identifying areas of deficiency, and establishing recommendations for future directions in research. This scoping review used elements of a rapid review due to resource restrictions and this chapter discusses efforts to mitigate the limitations introduced as a result.

After summarizing the current academic conversation about family business founders, opportunities for future research topics and methodological approaches to the study of founders of family businesses are introduced.

This study aims to assess financial development and debt status impact on energy efficiency in Nigeria as a developing economy.

This study combined the autoregressive distributed lag (ARDL), fully modified ordinary least squares and canonical cointegration regression analytical methods to estimate the parameters for energy efficiency policy recommendations. Secondary data between 1990 and 2020 were used for the analysis.

The result confirms the long-run nexus between energy efficiency, financial development and total debt stock. Furthermore, the ARDL estimates for this study’s key variables show that financial development promotes energy efficiency in the short run but hinders long-run energy efficiency. Total debt stock limits energy efficiency in Nigeria in short- and long-run periods.

The limitation of this study is that the scope is limited to Nigeria as a developing economy. The need to support energy efficiency projects is a global call requiring cross-country analysis. Despite this study’s focus on Nigeria, it provides useful insights that can guide energy efficiency policy through the financial sector and debt management.

The financial sector must ensure the availability of long-term credit facilities to clean energy investors. The government must maintain a sustainable debt profile to pave the way for capital expenditure on clean energy projects that promote energy efficiency.

The environmental consequences of energy intensity are being felt globally, with the developing countries most vulnerable. The cheapest way to curb these consequences is to promote energy efficiency to reduce the disastrous effect. Driving energy efficiency requires investment in energy-efficient technology but the challenge for developing economies, i.e. Nigeria’s funding, remains challenging amid a blotted debt profile. This becomes crucial to investigate how financial sector development and debt management can accelerate energy-efficient investments in Nigeria.