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Presents over sixty abstracts summarising the 1999 Employment Research Unit annual conference held at the University of Cardiff. Explores the multiple impacts of globalization on work and employment in contemporary organizations. Covers the human resource management implications of organizational responses to globalization. Examines the theoretical, methodological, empirical and comparative issues pertaining to competitiveness and the management of human resources, the impact of organisational strategies and international production on the workplace, the organization of labour markets, human resource development, cultural change in organisations, trade union responses, and trans‐national corporations. Cites many case studies showing how globalization has brought a lot of opportunities together with much change both to the employee and the employer. Considers the threats to existing cultures, structures and systems.

Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

Gives an in depth view of the strategies pursued by the world’s leading chief executive officers in an attempt to provide guidance to new chief executives of today. Considers the marketing strategies employed, together with the organizational structures used and looks at the universal concepts that can be applied to any product. Uses anecdotal evidence to formulate a number of theories which can be used to compare your company with the best in the world. Presents initial survival strategies and then looks at ways companies can broaden their boundaries through manipulation and choice. Covers a huge variety of case studies and examples together with a substantial question and answer section.

This study aims at investigating the heat transfer characteristics of a nonsquare enclosure when hydrodynamic resistance is altered discontinuously along its inner surface. Particularly, it focuses on investigating how several essential factors collaboratively influence the natural convection, including the Rayleigh number (Ra), the aspect ratio (AR), the nanoparticle volume fraction (ϕ) and the locations of changing hydrodynamic resistance.

To achieve these objectives, an L-shaped enclosure of various AR is adopted, while zero local shear resistance is applied and modeled by stress-free (SF) patches of four distinct arrangements (corresponding to Cases 1–4). The nanofluid is modeled by Buongiorno’s two-phase model. The effects are explored using an in-house numerical framework based on a hybrid lattice Boltzmann-finite difference method with the total variation minimization scheme.

The results show that when Ra is sufficiently large, i.e. Ra = 10⁵, SF patches can generally enhance the heat transfer performance regardless of other factors. However, the ways of achieving those enhancements are different, which mainly depend on the arrangement of the SF patches and AR but are nearly independent of ϕ. The maximum improvement of heat transfer can be achieved in Case 3 with AR = 0.6, Ra = 10⁵ and ϕ = 0.04, where the averaged Nusselt number is enhanced by 8.89%.

This study presents a new scenario where the SF patches of various arrangements are applied to enhance the nanofluid natural convection of a nonsquared enclosure, and it reveals how the improvement is achieved and cooperatively affected by several important factors.

Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.

The purpose of this paper is to develop new semi-empirical heat transfer correlations for turbulent flow of liquid metals in the tubes, and then to compare these correlations with the experimental data. The Prandtl and Reynolds numbers can vary in the ranges: 0.0001 ≤ Pr ≤ 0.1 and 3000 ≤ Re ≤ 10⁶.

The energy conservation equation averaged by Reynolds was integrated using the universal velocity profile determined experimentally by Reichardt for the turbulent tube flow and four different models for the turbulent Prandtl number. Turbulent heat transfer in the circular tube was analyzed for a constant heat flux at the inner surface. Some constants in different models for the turbulent Prandtl number were adjusted to obtain good agreement between calculated and experimentally obtained Nusselt numbers. Subsequently, new correlations for the Nusselt number as a function of a Peclet number was proposed for different models of the turbulent Prandtl number.

The inclusion of turbulent Prandtl number greater than one and the experimentally determined velocity profile of the fluid in the tube while solving the energy conservation equation improved the compatibility of calculated Nusselt numbers, with Nusselt numbers determined experimentally. The correlations proposed in the paper have a sound theoretical basis and give Nusselt number values that are in good agreement with the experimental data.

Heat transfer correlations proposed in this paper were derived assuming a constant heat flux at the inner surface of the tube. However, they can also be used for a constant wall temperature, as for the turbulent flow (Re > 3,000), the relative difference between the Nusselt number for uniform wall heat flux and uniform wall temperature is very low.

Unified, systematic approach to derive correlations for the Nusselt number for liquid metals was proposed in the paper. The Nusselt number was obtained from the solution of the energy conservation equation using the universal velocity profile and eddy diffusivity determined experimentally, and various models for the turbulent Prandtl number. Four different relationships for the Nusselt number proposed in the paper were compared with the experimental data.

Executive compensation packages are often valued in an inconsistent manner: while employee stock options (ESOs) are typically valued ex‐ante, i.e., before uncertain ties are resolved, cash bonuses are valued ex‐post, i.e., by discounting the realized cash grants. Such a lack of consistency can, potentially, distort empirical results. A related, yet mostly overlooked, problem is that when ex‐post valuation is used pay‐performance measures cannot be well defined. Consistent use of ex‐ante valuation for all components of a compensation package would simultaneously resolve both of these problems and provide a natural framework for the analysis of agency problems. In this paper, we perform ex‐ante valuation of cash bonus contracts as if the executive’s performance were measured by the company stock price, demonstrate how the shape of the bonus contract influences the executive’s attitude toward risk, and study the pay‐performance sensitiv ty of such contracts. We commence by demonstrating that a typical executive bonus contract with a linear incentive zone has a pay off structure equivalent to a portfolio of standard and binary European call options so that the ex‐ante contract value is given by the linear combination of Black and Scholes call and binary call prices, with the strike prices at the boundary points of the incentive zone. Assuming that a risk neutral executive can choose the level of stock price volatility by selecting a set of projects at origination, we show that bonus contract terms can dramatically affect the executive’s risk taking behavior and pay performance incentives. Our results are extended to bonus contracts with non‐linear incentive zones, and performance share contracts with vesting risk.

Examines the tenth published year of the ITCRR. Runs the whole gamut of textile innovation, research and testing, some of which investigates hitherto untouched aspects. Subjects discussed include cotton fabric processing, asbestos substitutes, textile adjuncts to cardiovascular surgery, wet textile processes, hand evaluation, nanotechnology, thermoplastic composites, robotic ironing, protective clothing (agricultural and industrial), ecological aspects of fibre properties – to name but a few! There would appear to be no limit to the future potential for textile applications.

Notes the increasing importance of option‐adjusted spread analysis for pricing in the mortgage‐backed securities market and develops a partial differentiation equation method (PDE) for calculation, as an alternative to the Monte Carlo method. Discusses the mathematical theory involved and illustrates its use with a numerical example. Claims PDE is more accurate and cheaper than the Monte Carlo method and promises a further article on using it for horizon analysis and risk management.

Presents a special issue, enlisting the help of the author’s students and colleagues, focusing on age, sex, colour and disability discrimination in America. Breaks the evidence down into manageable chunks, covering: age discrimination in the workplace; discrimination against African‐Americans; sex discrimination in the workplace; same sex sexual harassment; how to investigate and prove disability discrimination; sexual harassment in the military; when the main US job‐discrimination law applies to small companies; how to investigate and prove racial discrimination; developments concerning race discrimination in the workplace; developments concerning the Equal Pay Act; developments concerning discrimination against workers with HIV or AIDS; developments concerning discrimination based on refusal of family care leave; developments concerning discrimination against gay or lesbian employees; developments concerning discrimination based on colour; how to investigate and prove discrimination concerning based on colour; developments concerning the Equal Pay Act; using statistics in employment discrimination cases; race discrimination in the workplace; developments concerning gender discrimination in the workplace; discrimination in Japanese organizations in America; discrimination in the entertainment industry; discrimination in the utility industry; understanding and effectively managing national origin discrimination; how to investigate and prove hiring discrimination based on colour; and, finally, how to investigate sexual harassment in the workplace.