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1 – 10 of 124This chapter discusses the creation of The Icarus Foundation, a not-for-profit organization that was founded in 2007 to address the issues of climate change and tourism in Canada…
Abstract
This chapter discusses the creation of The Icarus Foundation, a not-for-profit organization that was founded in 2007 to address the issues of climate change and tourism in Canada. As Canada's first nongovernmental organization in this area, the role of the foundation will be described and current initiatives undertaken will be outlined. Challenges to starting a nongovernmental organization in Canada will also be discussed, such as lack of funding, an unmotivated tourism industry, relaxed government regulations, concern about climate change, and its impacts on the tourism industry. The Icarus Foundation began and continues to operate with skeletal staff and the manpower of a few individuals, precariously facing the potential to become extinct if action and support are not provided.
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Timofey Agarin <Email: t.agarin@ecmi.de> is a Research Fellow at the European Centre for Minority Issues in Flensburg, Germany. His work focuses on central-eastern European states…
Abstract
Timofey Agarin <Email: t.agarin@ecmi.de> is a Research Fellow at the European Centre for Minority Issues in Flensburg, Germany. His work focuses on central-eastern European states and their relations with national and transnational nongovernmental organizations. His research interests include cooperation between civil society groups and the government across the postsocialist states in the context of global environmental change.
The purpose of this paper is to extend the concept of green brands to destinations and to examine the application and limitations of green destination brands for nations adopting…
Abstract
Purpose
The purpose of this paper is to extend the concept of green brands to destinations and to examine the application and limitations of green destination brands for nations adopting this positioning strategy.
Design/methodology/approach
The paper identifies characteristics of green destination brands, drawing on established concepts in corporate branding, destination branding and green marketing. The paper demonstrates the application and limitations of the concept through an in‐depth case study analysis of New Zealand's destination brand to explain the possibilities and problems of building green destination brands at a national level.
Findings
The findings suggest that a holistic, strategic approach to building a green destination brand which emphasizes and qualifies the green essence of a nation's brand is required to avoid the pitfalls, cynicism and criticisms of greenwashing.
Research limitations/implications
The research findings are embedded in the context studied – New Zealand's destination brand. Additional case studies at multiple levels – nations, regions, cities – would offer a rich database to gain a better understanding of the concept and the implications of green destination branding.
Practical implications
Barriers to executing a credible green destination brand position are identified and the implications for destination marketing organizations and their stakeholders are discussed.
Originality/value
A conceptualization of green destination brands is provided and the application and limitations of the concept are demonstrated through an in‐depth case study of a nation that has adopted this positioning strategy. Rather than taking a snapshot research approach, a historical perspective enabled the development of the destination's brand positioning strategy to be captured.
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If there is one troubling question planners have asked over and over again and have not satisfactorily answered, it is “What makes great companies go bad?” At least some answers…
Abstract
If there is one troubling question planners have asked over and over again and have not satisfactorily answered, it is “What makes great companies go bad?” At least some answers may be found in Professor Danny Miller's book, The Icarus Paradox (HarperBusiness, 1990).
Dulani Jayasuriya Daluwathumullagamage
The business model of monoline insurers is to guarantee payments of debt issues in case of defaults by the issuer. Although sparse attention is given to monolines in literature…
Abstract
Purpose
The business model of monoline insurers is to guarantee payments of debt issues in case of defaults by the issuer. Although sparse attention is given to monolines in literature, they play an important role in enabling municipalities and firms in refinancing. This study aims to conduct a systematic review of 181 articles from 1990 to 2020 from 23,130 records and a case study on the key monoline insurers. Key failure, success factors and demand for future monoline insurance are identified. Finally, the study explores monolines’ potential during COVID-19 and develops a framework for monoline governance and regulation.
Design/methodology/approach
The study follows Briner and Denyer and Moher et al. to implement the systematic review. The methodology involves ascertaining the motivation behind the review, and formulating research questions; aggregating relevant prior literature from scientific databases, conducting quality assessment and synthesising the data; and conducting extensive analysis for framework development. Case study methodology foundation phase focuses on understanding the research philosophy. The second phase involves documenting the procedures involved. The final phase involves collecting the relevant quantitative and qualitative material. In addition, collecting empirical data from numerous sources allows triangulation.
Findings
The review results of 181 articles from 1990 to 2020 show that peak article counts occur in 2010 and 2013 (nine academic studies) and in 2008 and 2010 (six industry studies). Over- and under-explored domains happen to be bond pricing (86 academic studies) and bond markets (36 industry studies) and corporate bonds (19 academic studies), respectively. The study highlights failure factors such as adverse selection, premiums mispricings, inadequate capital and regulation, untimely downgrades and governance issues; and identifies success factors such as conservative underwriting, early financing, competitor business acquisitions and obtaining put-back claims. Potential during COVID-19 is discussed and a monoline governance framework is developed.
Research limitations/implications
Search and selection criteria distortions may lead to sample selection bias in systematic reviews. Issue is addressed by using different permutations of the search key words to refine the search criteria. Reference list of collected final sample of articles are perused to identify additional articles. It is difficult to obtain verifiable empirical data on the bond/monoline insurers or their insured products, especially for the structured finance sector. Most of the information available on data stream and firm’s quarterly financial reports for publicly traded monoline/bond insurers and credit rating reports are included to overcome this issue.
Practical implications
Demand for bond/monoline insurance still persists even in the USA. Although borrowing costs are low, obtaining bank loans would be challenging for municipalities and corporates with increased risks. Especially, given worldwide government stimulus on wages, most municipalities would possess reduced budgets for public finance. Monoline insurance can play a key role in financing such projects. Thus, it is important to understand their unique traditional and transformed business model and applicability during and post-COVID-19. Given the near extinction of bond/monoline insurers during the 2008 global financial crisis (GFC), an adequate framework for bond/monoline insurers as developed in this study is key for future business continuity.
Social implications
There is significant interest, especially, from the industry on monolines as identified in our systematic review. Monoline insurance has major effects on taxpayers, government policies and bond investors. They aid in financing public finance projects that have significant societal impact. This study contributes by filling existing gaps in the literature, especially, from a behavioural, ethical and social perspective of the monolines, regulators, other stakeholders and new entrants to the industry during COVID-19. This study links prior finance theories to the impact of bond/monoline insurer’s during the 2008 GFC and their stakeholders involved that has societal implications.
Originality/value
This study can be differentiated from prior research on monoline insurers as follows: The study identifies, gaps, similarities, trends between prior academic and industry literature and develop a bond/monoline governance framework; identifies key failure and success factors during the 2008 GFC crisis to develop the governance framework and identify monolines’ potential during COVID-19; as opposed to most prior literature that only focus on one (Drake and Neal, 2011 analyse MBIA) or two key bond/monoline insurers, this study focuses on five key bond/monoline insurers in detail and all other key insurers as well in the empirical analysis section.
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The purpose of this paper is to investigate how the knowledge work discourse has been transformed from a celebration of those who create knowledge to one of leaden prescription to…
Abstract
Purpose
The purpose of this paper is to investigate how the knowledge work discourse has been transformed from a celebration of those who create knowledge to one of leaden prescription to purposively separate the knowledge from the knower.
Design/methodology/approach
The approach takes the form of genealogical discourse analysis of the dominant and alternative knowledge work discourses.
Findings
From its earliest conceptions, knowledge work as a discourse was conceived as creating a new class of worker who was highly educated, motivated and financially aspirational. Through alignment with significant discourses from such fields of knowledge as economics, the law and technology, knowledge has become an organisational asset, to be secured by technology and protected by law even from those who created it. Discursive transformation shows that knowledge work and those who perform it – the knowledge workers – have become marginalised in the discourses until they have virtually disappeared altogether.
Research limitations/implications
As a conceptual paper, the analysis does not address an empirical research frame. However, the paper illustrates how power is implicated in all aspects of the knowledge work discourse.
Originality/value
The paper identifies how power relations are implicit in organisational discourses of knowledge work. Knowledge is seen to be central to studies of organisations, economics and globalisation, yet human beings as creators of knowledge have been marginalised in the knowledge discourses.
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Holm-Detlev Köhler and Sergio González Begega
This paper aims to examine the reaction of a local workforce to global restructuring in a transnational company (TNC), which entailed the closure of a manufacturing plant (La…
Abstract
Purpose
This paper aims to examine the reaction of a local workforce to global restructuring in a transnational company (TNC), which entailed the closure of a manufacturing plant (La Monroe) in Northern Spain. The article explores the micro-political nature of the corporate decision to close the plant, the workforce reaction to relocation and the discourse legitimizing global restructuring. It also delves into the contra-hegemonic potential of labour as a main stakeholder in TNCs.
Design/methodology/approach
The methodological approach is qualitative. The article presents a theoretically informed and analytical case study based on the literature on micro-politics and power relations in TNCs. Fieldwork is based on semi-structured interviews carried out with relevant stakeholders and other external actors to the TNC.
Findings
The findings substantiate the dynamic role of micro-politics within TNCs. The article presents and discusses evidence of the formation of a broad multi-level political network of resistance to a plant closure plan.
Research limitations/implications
More case study analysis would further support the findings in the paper and provide for a comparative approach.
Originality/value
The article substantiates the dynamic role of micro-politics and power relations in the reification of social norms and discourses on production relocation. It offers an empirical appraisal of the micro-political approach to global restructuring in TNCs. The article also puts labour strategies at the forefront of the analysis in corporate relocation.
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– This paper aims to discuss search and rescue (SAR) and disaster relief robot developments, trials and applications and to answer the question posed in the title.
Abstract
Purpose
This paper aims to discuss search and rescue (SAR) and disaster relief robot developments, trials and applications and to answer the question posed in the title.
Design/methodology/approach
Following a short introduction, this first describes Integrated Components for Assisted Rescue and Unmanned Search operations, a recent, collaborative, European research project, and euRathlon, a major robotics competition. It then highlights the role of the centre for robot-assisted search and rescue, and provides examples of the deployment of terrestrial, marine and airborne robots in real SAR and disaster relief situations. It concludes with a brief discussion.
Findings
This shows that SAR and disaster relief robots are the topic of an extensive development effort, and many have performed well in simulated disaster scenarios. Terrestrial, marine and airborne robots have been used in many real disaster relief situations since 2001, and the use of unmanned aerial vehicles has proliferated due to recent technological developments. Robots now play an important role in supporting SAR teams, and this will certainly increase as the technologies are developed further.
Originality/value
In an era characterized by extreme weather events and continuing military conflicts, robots play an increasingly important role in supporting human disaster response teams. This article provides details of developments, trials and real-world deployments of such robots.
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