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There is growing recognition that numerous business drivers contribute to financial performance and investment returns but they are not included in a company's profit and loss statements. In the investment industry, these wider sets of value drivers are known as environment-social- governance (ESG) factors. A small number of specialized ESG rating agencies provide information to investors about the extent to which firms' behaviors are socially responsible. However, a major criticism of these rating agencies is the lack of transparency in their methods. This paper aims to examine the issues of subjectivity, transparency and uniformity of ESG ratings by exploring the methods used to assess ethics performance by an Australian rating agency.

A case study was conducted on an Australian ESG rating provider, Regnan. The data for the analysis were sourced from internal Regnan documents.

The paper found that a level of subjectivity is inevitable in ESG ratings and the call for uniformity may inhibit innovation, but these issues can be addressed by increased transparency of the rating methods.

Further research is required to understand what level and, combination of, uniformity and transparency is sufficient to satisfy stakeholder requirements for ESG information.

The discussion of the factors underlying the ethics performance rating may prompt more open and transparent debate on how to assess ethical performance of companies, and increase investor confidence in ESG ratings. It may also provide more direction to companies on how to strengthen their ethical performance.

There is growing recognition that numerous business drivers contribute to financial performance and investment returns but they are not included in a company's profit and loss statements. These “ESG” factors can account for up to 66 percent of the market value of globally listed companies. In response to calls for more transparency on how ESG factors are assessed, and how ethical performance is appraised, this paper attempts to lift the veil on ESG rating methods.

The authors seek to show the extent and nature of qualitative research in international marketing in IMR (International Marketing Review) and then aim to understand and explain developments in this area. They explore the global coverage of extant qualitative work in IMR and reflect on the thematic focus, theoretical purpose, research design and transparency of methods prevailing in these studies.

The authors identify and content-analyze 79 qualitative international marketing-focused articles published in IMR from 1990 to 2010.

The analysis revealed several areas that can assist researchers in identifying gaps to be filled by future qualitative international marketing studies. These include: global coverage needs to be further developed; an increase in the number of comparative studies, yet insights from three or more countries remain scarce; extant qualitative studies seem to explore ten key themes; there is a growing trend in theory elaboration studies; interviews are still the most popular data collection method, yet the repertoire of methods is expanding; there is an upward trend in higher transparency in the description of data collection and analysis, but this needs further development.

The paper fosters the development of qualitative research in international marketing by: highlighting the value of qualitative research for advancing theory in this field; inspiring international marketing scholars to learn more about qualitative methods; and offering guidelines to researchers that seek to advance this field.

This study analyzed the explicitness, the salience of ethics and the transparency of messages in firms' social reports based on their significance to strategic corporate social responsibility (CSR) communication.

Drawing on institutional theory, this content analysis investigated 750 social reports from 125 firms for a ten-year period in liberal market economies (LMEs: US, UK), coordinated market economies (CMEs: Germany, Japan) and state-led market economies (SLMEs: France, South Korea).

First, firms in CMEs showed the highest level of transparency, and in all market economies, an overall trend of increase in the level of transparency was found. Second, firms in SLMEs communicated their CSR activities least explicitly. Third, firms in CMEs showed the lowest salience of ethics.

Useful theoretical as well as practical implications are provided in relation to the institutional perspective to CSR, and cross-national CSR communication.

The purpose of this paper is to assess whether Islamic banks are transparent regarding profit (and loss) sharing to investment account holders. Another objective is to appraise whether Islamic banks' performance affects management incentives to distribute profit (and loss) to investment account holders.

To investigate the research issue, the authors conducted an empirical study. Data of 25 global operating Islamic banks have been collected and analyzed for the period 2006-2010. The authors also developed a mathematical model based on the generalized least-squares principle.

The research results showed that enhancing transparency will prevent Islamic banks from shadowing their profit allocation practices and place investment account holders in a better position to manage their invested funds. The study also showed that bettering Islamic banks’performance will induce them to manager profit-sharing investment account holders’ funds under bonafides.

The main limitation is data availability. The maximum number of Islamic banks that disclose financial data covering the period of 2006-2010 limited the scope of the study to 25 banks.

The findings are very valuable for designing policies and standards as well as for the enforcement of these standards to improve transparency in Islamic banking.

The study outcome is vital to many parties involved in the Islamic banking field and can be taken as a strong foundation to make appropriate actions that would help grow and sustain Islamic banking development globally.

Common literature review methods such as systematic review and narrative review are poorly suited to the investigation of complex management phenomena. Systematic reviews are highly driven by protocol and procedure, and are oft-criticized as reductive and poorly equipped to examine the interaction between phenomena and context, nonlinear processes, and empirical outcomes that are less predictable. Narrative reviews, on the other hand, are pluralistic and iterative and thus better suited to descriptions of the complex and unpredictable; however, they tend to lack methodological transparency, trustworthiness, and pragmatism in application. The “realist synthesis” approach to literature review can be seen as the middle-ground between these two common methods, offering both methodological rigor alongside flexibility and nuance. Realist synthesis takes an explanatory frame, with a focus on unearthing the theorized causal mechanisms at play beneath a phenomenon of interest.

This paper aims to analyse a set of converging trends underpinning a larger phenomenon called science 2.0 and to assess what are the most important implications for scientific method and research institutions.

It is based on a triangulation of exploratory methods which include a wide-ranging literature review, Web-based mapping and in-depth interviews with stakeholders.

The main implications of science 2.0 are enhanced efficiency, transparency and reliability; raise of data-driven science; microcontributions on a macroscale; multidimensional, immediate and multiform evaluation of science; disaggregation of the value chain of service providers for scientists; influx of multiple actors and the democratisation of science.

The paper rejects the notion of science 2.0 as the mere adoption of Web 2.0 technologies in science and puts forward an original integrated definition covering three trends that have not yet been analysed together: open science, citizens science and data-intensive science. It argues that these trends are mutually reinforcing and puts forward their main implications. It concludes with the identification of three enablers of science 2.0 – policy measures, individual practice of scientists and new infrastructure and services and sees the main bottleneck in lack of incentives on the individual level.

An extensive programme of development by the Quality Assurance Department of British Aerospace Military Aircraft Division at Warton has resulted in the production of the Fidelis system for inspecting aircraft transparencies. Fidelis is now marketed under licence by ATL (Applied Technology Ltd) of London.

The purpose of this paper is to examine the impact of full accrual accounting on the Italian public universities and, in this context, how some technical-accounting problems typical of public sector (recognition and valuation issues) have been addressed. An additional purpose investigated in this paper is the role of International Public Sector Accounting Standards (IPSASs) in helping to overcome these technical-accounting issues, for the case under examination.

The paper involves studying whether, and to what degree, some of the accounting choices made by the universities complied with the principles of full accrual accounting for several specific accounting registrations characterised by the presence of recognition and valuation issues. During this investigation, the paper also analyses whether the universities followed the accounting rules set out by the IPSAS Board.

The findings highlight that, in general, there is a low degree of compliance with full accrual accounting principles and they also revealed that IPSASs do not provide any detailed guidelines that can help universities in overcoming the recognition and valuation problems typical of the public sector.

The analysis presented in the paper confirms the findings of previous literature identifying a low level of compliance to full accrual accounting principles. This research shed light also on the longstanding debate about the role of IPSASs in promoting full accrual accounting in the public sector, revealing the scarce contribution of IPSASs to this process.

This chapter explores how the case studies were ‘messy’ research. Because we were researching in contexts with many unknowns, the research process was unpredictable. ‘Tidying up’ the research in advance and working within clearly defined parameters was not usually possible. Across the case studies, mess occurred at different points and in different ways in the research process. For some projects, the design itself was subject to uncertainty and change; sometimes what had been planned was not possible; sometimes what had been planned was not the best course of action as the project progressed; and sometimes the design itself was emergent, requiring creativity and flexibility to meet the project outcomes. Some projects faced messiness when trying to combine methods and data. Others encountered messiness when collecting data, deciding what counted as data, and interpreting data. The real-world nature of our research and our need to be responsive to dynamic and often unknown out-of-school contexts meant that our methods could not fit into the neatly structured shorthand that is often used to think about (and teach about) methods. As researchers, we were constantly dealing with fluid and changing identities, as our relationships with participants and spaces developed during the project. This also means that tidying up our research could be counter-productive. The chapter concludes that making sense of mess in research can reveal understandings that are sometimes hidden. Mess and complexity, then, is something to be held on to, celebrated and engaged with, rather than tidied away.