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The present chapter accounts for the current demands for reaching universal attendance to secondary school in Latin American countries. National frameworks of education in three countries of the American South Cone – Brazil, Argentina, and Chile – are analyzed, in order to advance in the understanding of the challenges that must be faced to universalize the secondary school. Its elitist origin and the profound cultural changes that are taking place in these societies represent major problems that have to be addressed to achieve the desired aim. A brief presentation of the alternatives of change that are being implemented is made. We reflect specially on the implications for the principals of educational institutions in the performance of their daily tasks, both in the countries selected and in other sociocultural contexts.

Using archival and primary source evidence, this chapter introduces the first real wage series from 1891 to 1930 for Brazil’s most important immigrant and industrial city, São Paulo. This is the first price series, nominal wage series, and real wage series for the city that covers the duration of the Old Republic. While scholars look to Rio de Janeiro evidence to compare Brazil’s cost of living to other southern cone and immigrant-receiving countries, it is preferable to use evidence from the primary destination city. Price deviations between the two cities underscore the need for these series. The results show foodstuff prices increased steadily over the period and more dramatically in the period during and after World War I. Hedonic wage regressions show hourly wages for unskilled, low-skilled, and medium-skilled workers did not increase accordingly. While the decline in real wages tapered off in the 1920s, real wages across skill levels did not recover to prewar levels. This new index suggests the city of São Paulo’s labor market was more integrated with Buenos Aires’s than with Rio de Janeiro’s and that Paulistano real wages did not recover in the 1920s to the extent that they did in other southern cone cities. Given these results, the puzzle as to why migrants continued to flock to the city prove more intriguing. The results also suggest that Vargas-era labor legislation had the potential to greatly improve the lives of the city’s working class, perhaps more so than in other cities.

To analyze the emergence of cyberbullying in the news and to unveil the extent to which this new social problem is being constructed as a moral panic.

Ethnographic content analysis is conducted on a sample of 477 local and national newspaper articles published from 2004 to 2011. Goode and Ben-Yehuda’s five criteria of a moral panic – consensus, concern, hostility, disproportionality, and volatility – are used as a lens to analyze how this issue emerged in U.S. culture.

News coverage of this issue erupted within a very short time period, drawing important attention to a previously unknown social problem facing youth. Yet in the construction of cyberbullying as a new threat to social order, the news coverage sometimes inflates the magnitude and severity of the problem. In doing so, the media work to misrepresent, misinform, and oversimplify what is a more complicated and perhaps not yet fully understood issue among youth today.

Electronic aggression is something that is of growing concern to children, parents, educators, and policymakers. Evidence has begun to show that its effects may be as harmful as face-to-face bullying. Since the media play a vital role in the designation of certain issues as worthy of the public’s attention, it is pertinent that this information is presented in an accurate fashion, rather than simply promoting a moral panic around the topic.

Future research should move beyond print media to examine how TV, popular culture, and social media sites construct this problem. This should include research on the public’s understanding and interpretation of these mediated forms of communication.

Due to its high leverage nature, a bank suffers vitally from the credit risk it inherently bears. As a result, managing credit is the ultimate responsibility of a bank. In this chapter, we examine how efficiently banks manage their credit risk via a powerful tool used widely in the decision/management science area called data envelopment analysis (DEA). Among various existing versions, our DEA is a two-stage, dynamic model that captures how each bank performs relative to its peer banks in terms of value creation and credit risk control. Using data from the largest 22 banks in the United States over the period of 1996 till 2013, we have identified leading banks such as First Bank systems and Bank of New York Mellon before and after mergers and acquisitions, respectively. With the goal of preventing financial crises such as the one that occurred in 2008, a conceptual model of credit risk reduction and management (CRR&M) is proposed in the final section of this study. Discussions on strategy formulations at both the individual bank level and the national level are provided. With the help of our two-stage DEA-based decision support systems and CRR&M-driven strategies, policy/decision-makers in a banking sector can identify improvement opportunities regarding value creation and risk mitigation. The effective tool and procedures presented in this work will help banks worldwide manage the unknown and become more resilient to potential credit crises in the 21st century.

This chapter introduces the volume’s theme by considering how the forces of globalization and complexity are leading organizations to reshape and redesign themselves, how meeting the challenges of sustainable effectiveness and shared value require multiorganization networks and partnerships, and how networks and partnerships develop, function, and can produce both private benefits and public goods.

We apply findings from social and political evolution frameworks, partnership and collaboration research, and design for sustainability concepts to induce the likely conditions required for sustainable effectiveness from a network perspective.

Successful partnerships and collaborations in service of sustainable effectiveness will require individual organizations to change their objective function and build new and varied internal and external capabilities.

The chapter sets the stage for the volume’s contributions.

This paper analyzes the relationship between the Chilean student movement and state force action during the period 2000–2012, placing specific attention on three waves of student contention that took place at the turn of the century. During the decade under study, the Chilean students became more contentious, they broadened their demands beyond specific grievances to encompass a critique to the education system as a whole, their alliance system grew (gaining from these denser networks of collaboration more resources to mobilize), and they managed to win public opinion on their side. However, the relationship with state forces has not been static across time, and both students and state forces have experienced changes in how they interact with each other. The results of this paper are based on a mixed method approach that drew on a quantitative database of student contention in Chile (n = 491 student events) and 15 in-depth interviews with leader activists from the most salient recent Chilean student movements of three periods under study, in addition to some key informants. The findings confirm that when student protests target the government, when they use disruptive strategies that affect the status-quo, and when they mobilize alongside other challenging actors, they are more likely to be met with direct repression by authorities. The research shows that there is a “dialect of repression” at play by which state forces' direct repression of protest can be two-fold: on the one hand, it gives students visibility in the public opinion, but on the other, it can be negative for ushering support if the media and authorities are successful in portraying them as violent or a threat to public order. In this sense, the figure of the “encapuchado,” students who disguise their identity and purposefully seek confrontation with authorities during mobilizations is problematized by the movement itself. How to win public opinion and use that visibility in their favor is related to decision-making mechanisms that the movement puts at play but also to the calculations done on the part of the government and security forces about the leverage of the movement.

Chen and Ritter (2000) documented that underwriter spreads for recent US initial public offerings (IPOs) in $20 million range as well as much larger IPOs in the $80 million range are clustered at 7%. This observation has led to a Department of Justice (DOJ) enquiry into potential price fixing by underwriters. We demonstrate through a times series analysis that IPOs have tripled in size and become much riskier over time. A pooled data analysis can therefore mask evidence of competition in the market. We find that spread clustering is not a recent phenomenon. Over time, clustering at 7% has increased as clustering above 7% has declined. IPO spreads have declined significantly over time as the firms going public more recently are riskier, underwriting efforts have increased and recent IPOs are much larger than IPOs in the past. Controlling for time trends, larger IPOs have lower average spreads. The market for underwriting IPOs seems to be competitive with entry of new firms during the hot markets.