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Article
Publication date: 13 January 2020

Randall E. Duran and Paul Griffin

This paper aims to examine the risks associated with smart contracts, a disruptive financial technology (FinTech) innovation, and assesses how in the future they could threaten…

1296

Abstract

Purpose

This paper aims to examine the risks associated with smart contracts, a disruptive financial technology (FinTech) innovation, and assesses how in the future they could threaten the integrity of the global financial system.

Design/methodology/approach

A qualitative approach is used to identify risk factors related to the use of new financial innovations, by examining how over-the-counter (OTC) derivatives contributed to the Global Financial Crisis (GFC) which occurred during 2007 and 2008. Based on this analysis, the potential for similar concerns with smart contracts are evaluated, drawing on the failure of The DAO on the Ethereum blockchain, which involved the loss of over $60m of digital currency.

Findings

Extensive use of bilateral agreements, complexity and lack of standardization, lack of transparency, misuse and speed of contagion were factors that contributed to the GFC that could also become material concerns for smart contract technology as its adoption grows. These concerns, combined with other contextual factors, such as the risk of defects in smart contracts and cyberattacks, could lead to potential destabilization of the broader financial system.

Practical implications

The paper’s findings provide insights to help make the design, management and monitoring of smart contract technology more robust. They also provide guidance for key stakeholders on proactive steps that can be taken with smart contract technology to avoid repeating the types of oversights that contributed to the GFC.

Originality/value

This paper draws attention to the risks associated with the adoption of disruptive FinTech. It also suggests steps that regulators and other key stakeholders can take to help mitigate those risks.

Details

Journal of Financial Regulation and Compliance, vol. 29 no. 1
Type: Research Article
ISSN: 1358-1988

Keywords

Article
Publication date: 1 February 1974

Frances Neel Cheney

Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Term. 37203. Mrs. Cheney does not sell the books listed here. They are…

Abstract

Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Term. 37203. Mrs. Cheney does not sell the books listed here. They are available through normal trade sources. Mrs. Cheney, being a member of the editorial board of Pierian Press, will not review Pierian Press reference books in this column. Descriptions of Pierian Press reference books will be included elsewhere in this publication.

Details

Reference Services Review, vol. 2 no. 2
Type: Research Article
ISSN: 0090-7324

Article
Publication date: 1 March 1974

MAURICE B. LINE and A. SANDISON

The term ‘obsolescence’ occurs frequently in the literature of librarianship and information science. In numerous papers we are told how most published literature becomes obsolete…

Abstract

The term ‘obsolescence’ occurs frequently in the literature of librarianship and information science. In numerous papers we are told how most published literature becomes obsolete within a measurable time, and that an item receives half the uses it will ever receive (‘half‐life’) in a few years. ‘Obsolescence’ is however very rarely defined, and its validity, interest, and practical value are often assumed rather than explained. Before reviewing studies on ‘obsolescence’, therefore, it is necessary to look at the concept and to identify the reasons why it should be of interest.

Details

Journal of Documentation, vol. 30 no. 3
Type: Research Article
ISSN: 0022-0418

Article
Publication date: 5 June 2018

Jorge Alejandro Silva Rodríguez de San Miguel, Mara Maricela Trujillo Flores and Fernando Lambarry-Vilchis

The purpose of this paper is to analyse the measures taken by both the federal government of Mexico and its municipalities in relation to the country’s urban water supply and its…

Abstract

Purpose

The purpose of this paper is to analyse the measures taken by both the federal government of Mexico and its municipalities in relation to the country’s urban water supply and its management to improve it.

Design/methodology/approach

The PRISMA guidelines were chosen as the framework for this systematic review of the available literature on urban water supply in Mexico, considering the most important and relevant legal and institutional considerations. They were paired with critical qualitative review. Overall, 21 main documents, between 2000 and 2016, were acceptable for inclusion.

Findings

The review closes by proposing that the approach, at present, is excessively rigid, and that greater flexibility would permit municipalities to identify more suitable means of managing their own water supplies with minimal support from the federal government.

Originality/value

Several research articles have been written about the general nature of Mexico’s urban water supply and management at present. However, no attempt has been made to synthesise the evidence and arguments made in this significant body of research. Thus, the key purpose of this review is to do that with the intention of proposing a shift in the country’s approach to urban water management.

Details

Management of Environmental Quality: An International Journal, vol. 29 no. 5
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 1 June 1999

Thomas E. Nisonger

This bibliographic essay reviews the English‐language collection development and management literature published in 1997. Selection, deselection, access as an alternative to…

1602

Abstract

This bibliographic essay reviews the English‐language collection development and management literature published in 1997. Selection, deselection, access as an alternative to ownership, collection evaluation, user studies, organization and staffing for collection development, serials collection management, and electronic resource collection management, among other topics, are included. The primary emphasis is on articles, books, and book chapters. More than 180 items are covered in the essay.

Details

Collection Building, vol. 18 no. 2
Type: Research Article
ISSN: 0160-4953

Keywords

Article
Publication date: 1 September 1965

All items listed may be borrowed from the Aslib Library, except those marked, which may be consulted in the Library.

Abstract

All items listed may be borrowed from the Aslib Library, except those marked, which may be consulted in the Library.

Details

Aslib Proceedings, vol. 17 no. 9
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 11 September 2017

Olu Aluko and Helen Knight

The purpose of this study is to explore the conceptualisation of co-evolution using a corporate history research approach. While the application of the co-evolutionary perspective…

2553

Abstract

Purpose

The purpose of this study is to explore the conceptualisation of co-evolution using a corporate history research approach. While the application of the co-evolutionary perspective to the organisational-environmental relationships has uncovered significant evidences, little is understood about how the co-evolutionary process occurs over time between organisations and their institutional environment.

Design/methodology/approach

A co-evolutionary corporate history approach in used, as the authors investigated Sainsbury’s historical trajectory, exploring the role specific family members played in the evolution of the firm and the co-evolution of Sainsbury’s with its environment. This research design framework encompasses longitudinal archival analysis which incorporates both external and internal engagement which fostered Sainsbury’s joint evolution.

Findings

The findings from this study clearly suggest that certain organisations can and do co-evolve with their environment. However, organisations need to build legitimate cases for co-evolution to occur. In addition, they need to acquire certain resources that can be used to stimulate changes within their institutional environment.

Originality/value

Through a corporate history archival analysis, this study presents a UK company’s evolutionary narrative. The authors contribute to the growing literature on co-evolution in management studies by presenting a detailed historical narrative and interpretation of Sainsbury’s evolution at different time periods.

Details

Journal of Management History, vol. 23 no. 4
Type: Research Article
ISSN: 1751-1348

Keywords

Article
Publication date: 5 April 2022

Stephanie Grace Prost, Cynthia Golembeski, Vyjeyanthi S. Periyakoil, Jalayne Arias, Andrea K. Knittel, Jessica Ballin, Heather D. Oliver and Nguyen-Toan Tran

The targeted use of standardized outcome measures (SOMs) of mental health in research with older adults who are incarcerated promotes a common language that enables…

Abstract

Purpose

The targeted use of standardized outcome measures (SOMs) of mental health in research with older adults who are incarcerated promotes a common language that enables interdisciplinary dialogue, contributes to the identification of disparities and supports data harmonization and subsequent synthesis. This paper aims to provide researchers with rationale for using “gold-standard” measures used in research with community-dwelling older adults, reporting associated study sample psychometric indexes, and detailing alterations in the approach or measure.

Design/methodology/approach

The authors highlight the mental health of older adults who are incarcerated. They also discuss the benefits of SOMs in practice and research and then identify gold-standard measures of mental health used in research with community-dwelling older adults and measures used in research with older adults who are incarcerated. Finally, the authors provide several recommendations related to the use of SOMs of mental health in research with this population.

Findings

Depression, anxiety and post-traumatic stress disorder are common among older adults who are incarcerated. Researchers have used a variety of measures to capture these mental health problems, some parallel to those used with community-dwelling samples. However, a more targeted use of SOMs of mental health in research with this population will contribute to important strides in this burgeoning field.

Originality/value

This review offers several practical recommendations related to SOMs of mental health in research with older adults who are incarcerated to contribute to a rigorous evidence base and thus inform practice and potentially improve the health and well-being of this population.

Details

International Journal of Prisoner Health, vol. 18 no. 2
Type: Research Article
ISSN: 1744-9200

Keywords

Article
Publication date: 13 April 2020

Mariam Nasser Al-Nuaimi, Abdelmajid Bouazza and Maher M. Abu-Hilal

This paper examines associations among the socio-psychological determinants of information and communication technologies (ICT)-assisted deviance-related practices within a group…

Abstract

Purpose

This paper examines associations among the socio-psychological determinants of information and communication technologies (ICT)-assisted deviance-related practices within a group of Omani undergraduates. Moreover, this study aims to evaluate the explanatory burdens of such socio-psychological factors on actual behaviour.

Design/methodology/approach

The study implements a predictive research design applied to a cross-sectional sample. At the outset, a theoretical model was built based on the theory of planned behaviour (TPB). Thereafter, structural equation modelling was implemented to test the TPB model on the response data collected from a cluster sample of undergraduates from six universities in the Sultanate of Oman.

Findings

The results of the path diagram overwhelmingly support the TPB hypotheses. Specifically, intention is the most influential and immediate predictor of behaviour, while at the same time partially, though markedly, mediating the influence of cognition on behaviour.

Practical implications

This study has implications for the design of inclusive measures of the intrinsic dimensions of ethical self-efficacy as designated by the social cognitive theory of moral thought and conduct, which include moral judgment, self-monitoring of conduct and affective reactions to conduct. As the study reveals the importance of the explanatory power of cognition to explain variance in intention and behaviour, it has implications on the development of ICT-ethics-education.

Originality/value

This study fills a gap in the empirical literature on how intention mediates the relationship between ICT-ethics-connected cognition and behaviour. Moreover, the study addresses the direct relationship between cognition and behaviour – a relationship that is considered equivocal in both theories of planned behaviour and reasoned action.

Details

Global Knowledge, Memory and Communication, vol. 70 no. 3
Type: Research Article
ISSN: 2514-9342

Keywords

Article
Publication date: 2 May 2017

Jong Gyu Park, Jeong Sik Kim, Seung Won Yoon and Baek-Kyoo Joo

The purpose of this paper is to investigate the effect of empowering leadership on employees’ psychological well-being (PWB) and job engagement. This study also examines the…

7209

Abstract

Purpose

The purpose of this paper is to investigate the effect of empowering leadership on employees’ psychological well-being (PWB) and job engagement. This study also examines the mediating role of psychological capital (PsyCap) in these relationships.

Design/methodology/approach

The study draws on survey data (n=285) from employees in eight large-sized firms in South Korea. Confirmatory factor analysis was conducted to examine the convergent validity of the construct measures. Structural equation modeling was used to estimate the fit of the hypothesized model to the data.

Findings

The authors found that empowering leadership influenced job engagement both directly and indirectly through PsyCap. Employees’ PsyCap fully mediated the relationship between empowering leadership and employees’ PWB, while partially mediating the relationship between empowering leadership and job engagement.

Originality/value

This is the first empirical study to examine the effects of empowering leadership behaviors of leaders on both PWB and PsyCap, which are positive psychological resources of employees. The study has also provided empirical evidence for the importance of PsyCap, which plays a positive role in the ability of employees to manage their overall feelings in achievement situations and in employees’ engagement in the workplace.

Details

Leadership & Organization Development Journal, vol. 38 no. 3
Type: Research Article
ISSN: 0143-7739

Keywords

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