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Abstract

Details

Documents on Government and the Economy
Type: Book
ISBN: 978-1-78052-827-4

Book part
Publication date: 10 August 2017

Laurel Zwissler

This project explores tensions at the heart of the fair-trade organization Ten Thousand Villages. I investigate the ways in which this organization attempts to balance concerns of…

Abstract

Purpose

This project explores tensions at the heart of the fair-trade organization Ten Thousand Villages. I investigate the ways in which this organization attempts to balance concerns of North American staff and volunteers, to care for artisans abroad, and to incorporate expansion plans in the face of challenges raised by the recession.

Methodology/approach

This chapter draws on fieldwork with stores in Toronto (2011–2012) and ongoing fieldwork (summer 2014 and 2015) with the flagship store in Ephrata, Pennsylvania.

Findings

Members express continuing tension between the organization’s founding Mennonite values and the more recent orientation chosen by leadership, to compete successfully in “regular” retail space against non-fair-trade brands. Store staff and volunteers perceive Villages’ buying practices, meant to provide “fairness” to producers in the developing world, as somewhat inconsistent with the treatment of North American store employees. Corporate leadership is mainly focused on ameliorating poverty abroad, rather than framing the organization’s work in a broader social justice context, which store staff and volunteers expect.

Originality/value

At a time of increasing dialogue about alternative value systems that expand notions of economic worth, the fair-trade movement offers a useful model for one attempt to work within the market system to ameliorate its damages. Understanding how one organization negotiates its own competing value systems can provide useful perspective on other revaluation projects.

Details

Anthropological Considerations of Production, Exchange, Vending and Tourism
Type: Book
ISBN: 978-1-78743-194-2

Keywords

Book part
Publication date: 1 May 2012

Sarin Anantarak

Several studies have observed that stocks tend to drop by an amount that is less than the dividend on the ex-dividend day, the so-called ex-dividend day anomaly. However, there…

Abstract

Several studies have observed that stocks tend to drop by an amount that is less than the dividend on the ex-dividend day, the so-called ex-dividend day anomaly. However, there still remains a lack of consensus for a single explanation of this anomaly. Different from other studies, this dissertation attempts to answer the primary research question: how can investors make trading profits from the ex-dividend day anomaly and how much can they earn? With this goal, I examine the economic motivations of equity investors through four main hypotheses identified in the anomaly's literature: the tax differential hypothesis, the short-term trading hypothesis, the tick size hypothesis, and the leverage hypothesis.

While the U.S. ex-dividend anomaly is well studied, I examine a long data window (1975–2010) of Thailand data. The unique structure of the Thai stock market allows me to assess all four main hypotheses proposed in the literature simultaneously. Although I extract the sample data from two data sources, I demonstrate that the combined data are consistently sampled. I further construct three trading strategies – “daily return,” “lag one daily return,” and “weekly return” – to alleviate the potential effect of irregular data observation.

I find that the ex-dividend day anomaly exists in Thailand, is governed by the tax differential, and is driven by short-term trading activities. That is, investors trade heavily around the ex-dividend day to reap the benefits of the tax differential. I find mixed results for the predictions of the tick size hypothesis and results that are inconsistent with the predictions of the leverage hypothesis.

I conclude that, on the Stock Exchange of Thailand, juristic and foreign investors can profitably buy stocks cum-dividend and sell them ex-dividend while local investors should engage in short sale transactions. On average, investors who employ the daily return strategy have earned significant abnormal return up to 0.15% (45.66% annualized rate) and up to 0.17% (50.99% annualized rate) for the lag one daily return strategy. Investors can also make a trading profit by conducting the weekly return strategy and earn up to 0.59% (35.67% annualized rate), on average.

Details

Research in Finance
Type: Book
ISBN: 978-1-78052-752-9

Abstract

Details

Intellectual Disability Nursing: An Oral History Project
Type: Book
ISBN: 978-1-83982-152-3

Book part
Publication date: 17 November 2005

Sandra Halperin

This chapter explores the trans-national and cross-regional interactions and connections that, beginning in the late eighteenth century, brought about the development of dualistic…

Abstract

This chapter explores the trans-national and cross-regional interactions and connections that, beginning in the late eighteenth century, brought about the development of dualistic economies within and outside of Europe; and how this circuit was reconfigured after the world wars by means of decolonization, nationalism, “first” and “second” world development, and globalization. What this perspective brings into view is a horizontal rather than vertical division of the world: the synchronic and interdependent development of dynamic focal points of growth throughout the world shaped, both within and outside of Europe, by trans-local interaction and connection, as well as by local struggles and relations of dominance and subordination.

Details

New Directions in the Sociology of Global Development
Type: Book
ISBN: 978-1-84950-373-0

Book part
Publication date: 6 September 2010

Shumaisa Khan

Purpose – European studies of alternative food networks have covered primarily rural or periurban initiatives that connect producers and consumers directly. For the most part…

Abstract

Purpose – European studies of alternative food networks have covered primarily rural or periurban initiatives that connect producers and consumers directly. For the most part, those studies overlook nonprofit urban community initiatives. This chapter begins to address the gap by presenting preliminary findings from a study that examines the development of community food initiatives that sell green produce in London.

Design/methodology/approach – The first part of the chapter draws on content analysis of literature produced by 15 initiatives and presents a brief overview. The second part presents case study analysis of the organizational, physical, and social context of two of the initiatives.

Findings – The findings indicate that many urban green produce initiatives have an explicit emphasis on the demand side of the producer–consumer connection. Those that emphasize sustainably produced food and fair trade may have difficulty drawing low-income customers, even if located in areas with high levels of deprivation. Initiatives oriented toward basic food access rather than sustainability are expanding their scope to include more “local” food.

Originality/value – Although this study does not represent urban green produce initiatives throughout England or beyond, it provides some examples of how such initiatives can develop and the extent to which they claim social justice and environmental considerations in their efforts. This study is a step toward empirical examination of nonprofit urban green produce initiatives, and contributes to a broader, more inclusive conceptualization of alternative food networks.

Details

Environment and Social Justice: An International Perspective
Type: Book
ISBN: 978-0-85724-183-2

Abstract

Details

Advances in Librarianship
Type: Book
ISBN: 978-0-12024-618-2

Book part
Publication date: 25 August 2021

Sandra J. Peart

This paper examines William Stanley Jevons’s approach to human “improvement” in comparison with that of Carl Menger. In Jevons’s view, people are relatively static when left to…

Abstract

This paper examines William Stanley Jevons’s approach to human “improvement” in comparison with that of Carl Menger. In Jevons’s view, people are relatively static when left to their own devices. Thus, to “attack” the “citadel of poverty” they must be improved by those who know what is “best” for them. Menger’s view of people as planners, by contrast, is one in which people are capable of improving themselves. Jevons was a social reformer who placed great faith in education, and painful training and instruction, broadly defined, as key mechanisms of reform. Less frequently acknowledged but no less important, Menger also foresaw “the improvement of mankind” from within, as consumers came to better understand how best to attain their wants and needs over time.

Details

Research in the History of Economic Thought and Methodology: Including A Symposium on Carl Menger at the Centenary of His Death
Type: Book
ISBN: 978-1-80071-144-0

Keywords

Book part
Publication date: 25 March 2021

Ben Mitchell

Purpose: Ocean plastic pollution has increased scrutiny towards businesses that produce plastic packaging. The article presents the perspective of businesses alongside those of…

Abstract

Purpose: Ocean plastic pollution has increased scrutiny towards businesses that produce plastic packaging. The article presents the perspective of businesses alongside those of consumers concerning packaging sustainability, as these two areas are fundamentally related.

Method: A mixed-methods approach consisted of an interview with a plastic packaging design manager, an action research group of packaging industry professionals and a survey (of 1000 UK consumers) and focus groups to investigate similar issues from a consumer perspective.

Findings: The business research showed that they feel frustrated by emotional arguments against plastic that push towards alternative packaging formats that have greater negative environmental impacts. They also highlighted problems of inconsistent recycling infrastructure and the need to communicate the benefits of packaging more effectively to consumers. The consumer research identified high levels of awareness of ocean plastic pollution but a lower understanding of the properties of different packaging materials. Many do not yet look for the most sustainable packaging when shopping and feel that retailers must take more responsibility for reducing environmental degradation from the packaging.

Originality/Value: The study provides a new perspective on packaging sustainability issues by combining the views of industry and consumers. In doing so, it acknowledges the different human influences on environmental outcomes. A realist conceptual model highlights the potential mechanisms triggered within different contexts. While the research is just a snapshot of views on selected topics, it conceptualises various components of the relationship between businesses and consumers to identify different aspects of the problem for further research.

Details

The Sustainability Debate
Type: Book
ISBN: 978-1-80043-779-1

Keywords

Book part
Publication date: 3 March 2005

Sandra Naipaul and H.G. Parsa

The current study investigates odd-even psychological pricing with the aid of a Price endings and Consumer Behavior (PCBM) Model for the hospitality industry. The PCBM proposes…

Abstract

The current study investigates odd-even psychological pricing with the aid of a Price endings and Consumer Behavior (PCBM) Model for the hospitality industry. The PCBM proposes that a reciprocal relationship exists between hospitality marketers and consumers with reference to 00 and 99 price ending practices. Theoretical support for the posited model is provided by signaling theory, a persuasion knowledge model (PKM), and learning by analogy from marketing and psychology literatures. Results indicate that consumers use intuition and knowledge gained from interacting in the retail marketplace to respond to the intentions of hospitality marketers’ odd-even psychological pricing strategy. After repeated exposures to odd-even pricing, consumers learn to accept the 00 and 99 pricing endings as extrinsic cues for quality and value and as pricing norms of the hospitality industry.

Details

Advances in Hospitality and Leisure
Type: Book
ISBN: 978-1-84950-310-5

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