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Book part
Publication date: 25 October 2021

Amélie Artis and Virginie Monvoisin

This chapter intends to seize the different economic and financial dimensions of the crowdfunding and shows how this latter contributes to transforming donations through its…

Abstract

This chapter intends to seize the different economic and financial dimensions of the crowdfunding and shows how this latter contributes to transforming donations through its financialisation. Here, Polanyi's lessons on reciprocity and Keynes's lessons on monetary economics and conventions are enlightening. Indeed, by setting up an intermediary or by putting projects in competition, platforms develop the use of conventions linked to market coordination. By encouraging the monetarisation of expenses and projects and the commodification of donation activities, the crowdfunding not only becomes a tool of financialisation but also modifies social relations. Moreover, it creates new niches of financial exclusion, particularly for projects with a significant social or environmental dimension, and tends to make the financing of certain projects rely on savings rather than on monetary creation. Far from being the alternative and a counter-model to traditional finance, crowdfunding actually reinforces financialisation by introducing a new financial intermediary and contributes to its expansion in hybrid forms.

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Rethinking Finance in the Face of New Challenges
Type: Book
ISBN: 978-1-80117-788-7

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Book part
Publication date: 17 February 2020

Simon Grima and Eleftherios I. Thalassinos

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Financial Derivatives: A Blessing or a Curse?
Type: Book
ISBN: 978-1-78973-245-0

Book part
Publication date: 7 January 2016

Claude Serfati

This paper documents the EU integration process using the uneven and combined development framework. Because capitalist social relations are territorially defined and politically…

Abstract

This paper documents the EU integration process using the uneven and combined development framework. Because capitalist social relations are territorially defined and politically built, unevenness between countries is not unconnected with that within countries and both involve antagonism between capital and labor. This is manifest in the ‘state form’ of the EU and its anti-democratic tendencies: public institutions at the community level play a major role in reinforcing unevenness in favour of leading countries, in both the productive and financial spheres.

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Analytical Gains of Geopolitical Economy
Type: Book
ISBN: 978-1-78560-336-5

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Book part
Publication date: 16 September 2019

Tsvetana Spasova

This chapter studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. The author…

Abstract

This chapter studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. The author models the income distribution for each country under a Dagum distribution assumption and using maximum likelihood techniques. The author uses parameter estimates to form distributions for regions defined as finite mixtures of the country distributions. Specifically, the author studies the groups of ‘new’ and ‘old’ countries depending on the year they joined the European Union. The author provides formulae and estimates for the regional Gini coefficients and Lorenz curves and their decomposition for all the survey years from 2007 through 2011. The estimates of this study show that the ‘new’ European Union countries have become richer and less unequal over the observed years, while the ‘old’ ones have undergone a slight increase in inequality which is however not significant at conventional levels.

Book part
Publication date: 9 March 2021

Michael Jenkins

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Expert Humans: Critical Leadership Skills for a Disrupted World
Type: Book
ISBN: 978-1-80071-260-7

Book part
Publication date: 28 June 2017

Philip H. Mirvis and Mitchell Lee Marks

We review our work as collaborators over nearly 40 years as researchers and OD practitioners on the human, cultural, and organizational aspects of mergers and acquisitions (M&A)…

Abstract

We review our work as collaborators over nearly 40 years as researchers and OD practitioners on the human, cultural, and organizational aspects of mergers and acquisitions (M&A). This chapter addresses (1) how our thinking, research methods, and practices developed over time, (2) accounts of deriving theory from practice and contrariwise of applying theory to practical matters, (3) how our respective shifts from academe toward scholarly-practice influenced our thinking and how we write, and (4) varieties of scholarly collaboration – ranging from intensive interchange to sequential pitch and catch. Early work covers a study of a “white-knight” acquisition and then advising on post-merger integration in a hostile takeover, revealing the stages of a deal, dynamics of buyers and sellers, and human factors that produce the “merger syndrome.”

Throughout we talk about confronting challenges of the scholar-practitioner divide as it pertains to role definition and boundary management as well to our theorizing, writing, and publication agenda. The chapter concludes with reflections on doing applied research in collaboration with a colleague (and friend).

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Book part
Publication date: 15 January 2010

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Choice Modelling: The State-of-the-art and The State-of-practice
Type: Book
ISBN: 978-1-84950-773-8

Book part
Publication date: 16 June 2005

Aileen Kennedy

This paper reviews extant contemporary literature in the area of entry mode choice in service firms and analyzes 14 empirical studies conducted in the area. The review is limited…

Abstract

This paper reviews extant contemporary literature in the area of entry mode choice in service firms and analyzes 14 empirical studies conducted in the area. The review is limited to articles which focus specifically on entry mode choice and the determinants of such a choice. The publication time frame covers the period from 1977 to 2003. The review observations in relation to factors such as the origin of the research, the theoretical frameworks underpinning existing entry mode research, methodological approaches and other relevant patterns are presented. The analysis highlights the paucity of empirical research in the area, which in turn has been largely fragmentary and exploratory in nature. It suggests that research sites need to be extended into Europe, alternative research designs need to be considered and the opportunity to conduct some form of collaborative research warrants exploration.

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Research on International Service Marketing: A state of the Art
Type: Book
ISBN: 978-0-76231-185-9

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