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With rising industry consolidation in the banking industry, it is unclear whether community banks may find more or less market opportunities. This paper aims to investigate how industry consolidation may affect community banks’ market share outcomes. The second goal of this paper is to establish the ways in which community banks may successfully manage market share growth goals that may be antithetical to the principles of being a local brand.

The empirical analysis is on the US banking industry, spanning the years from 1994 to 2018. This comprehensive panel data set includes county-year level granularity for more than 15,000 banks. Panel regression models that include bank-, county- and year-specific fixed effects are deployed.

It is found that local brands, operationalized as community banks in this study’s empirical context, are having the most success in consolidated market contexts. When pursuing market share growth, a distribution strategy to saturate a local market is found to be advantageous while expanding across geographies is less advisable for community banks.

The findings shed empirical light on the challenges and opportunities for community banks, thereby contributing to the banking industry literature and to an emerging stream of research on local brand management. By demonstrating the means of which growth can be successfully managed by local brands, the important and largely unanswered question of how a local brand can effectively grow is addressed.

The purpose of this research is to introduce an innovative framework called the waqf cooperative housing framework (WCHF), with an objective to create a synergistic equilibrium between waqf and cooperative housing schemes. To tackle problems related to the dearth of financing, this research postulates an innovative waqf-based source of finance that involves generating revenue from common areas (waqf area) within the vicinity of the condominium.

Primary data were collected through interviews and the data were analysed using the NVIVO software. The interviewees comprised managers from property development sectors, public sector officials, university lecturers in Islamic finance, CEOs, top management officials from Islamic financial institutions, community leaders and shariah scholars.

A framework was proposed based on the result of the interviews. It was found that innovative models such as WCHF can resolve the issue of affordable housing in Karachi such as decreasing the financial burden on the public exchequer, bringing positive change to the lives of the poor, fulfilling the property developer’s corporate social responsibility, fulfilling the religious duty of the general public and condominium owners towards their fellow beings as well as creating new employment opportunities for people who are working in the financial sector (waqf management companies/trustees) and the construction sector.

Even though this study has introduced an innovative and practical solution to the financing of affordable housing, it also encountered some limitations. First, it is conducted in Karachi city involving six group of respondents; thus, the findings cannot be generalised with other contexts. Similar research needs to be conducted in different contexts.

To date, this is among the first studies, to the best of the authors’ knowledge, to investigate cooperative affordable housing with the help of innovative Islamic finance tools in the context of Pakistan. Furthermore, insufficient attention has been given to the enabling and hindering factors behind the acceptance of a framework that seeks to initiate a cooperative scheme based on an innovative waqf financing tool that generates revenue from common areas around a condominium.

The aim of this article was to understand about cultural representation in these coursebooks and if it is reflected the status of English as a lingua franca.

This article is a report on a case study in the form of content analysis of different categories of culture represented in English language coursebooks used in schools of Iran. In order to do so, references to source, target, international and universal cultures were classified into four aspects: perspectives, products, practices and persons.

Generally, the findings suggested that despite the high frequency of cultural elements, the representation favoured the source culture, while the target, international and universal cultures were heavily under-represented.

Apart from the valuable contributions of the study, the implications of the study are that despite the high frequency of cultural elements, the representation favoured the source culture, while the target, international and universal cultures were heavily under-represented. Therefore, the imbalance in the content of materials on different cultures needs to be redressed. While the main concern of this investigation is the frequency of appearance, which replicates the extent of source, target, international and universal cultures represented in the coursebooks, the impact of the materials, affected by how the cultural elements are used and perceived by teachers and pupils, is beyond the scope of the present study; hence, future studies in this area are deeply encouraged, and it is recommended for further research.

The implications for resolving the imbalance in cultural representation are also being explained.

Bearing in mind the importance of coursebooks as well as the role of culture in teaching the English language, this article aims at understanding about cultural representation within the newly developed Iranian English language coursebooks for schools, an issue that has never been studied by Iranian scholars with respect to the newly published materials.