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Motivated by the evidence highlighting the role of sentiments and cognitive biases in investors' decision-making, this study examines a novel behavioral finance-based asset pricing model incorporating the prospect theory framework in the Indian equity market. Specifically, the study’s primary objective is to investigate the importance of Prospect Theory Value (PTV) in the cross-sectional pricing of stocks.

The empirical findings rely on data taken from NIFTY 500 and BSE S&P 500 stocks, encompassing daily, weekly and monthly observations. The analysis employs diverse statistical techniques, including Ordinary Least Squares (OLS), Fama–Macbeth Cross-section Regressions, Panel Fixed Effect and Quantile Regression.

The study demonstrates an asymmetric association between PTV and subsequent stock returns. The findings maintain their robustness even when factoring in stock-specific attributes such as market capitalization and book-to-market ratio, market beta and indicators related to lottery-like behavior such as skewness and MAX. This observed pattern persists when analyzing data at various frequencies, including daily, weekly and monthly intervals. Loss aversion behavior dominates among Indian equity investors, contrary to lottery preferences in the US equity market.

As far as the authors are aware, the study is the first to introduce a new behavioral finance-motivated stock return predictor (PTV) in the Indian stock market. The study also marks the pioneering use of a novel method that evaluates the predictability of PTV across various sections of the conditional return distribution using quantile regression.

The sustainability of the construction industry is associated with the productivity, profitability and competitiveness of the firms, which are significantly affected by inefficient site supervision and labour management approaches. This study aims to use a case study with mixed methods to evaluate the site supervisory characteristics in labour management, labour performance assessment and labour productivity measurement towards developing meaningful guidelines in polishing construction supervision attributes.

Well-developed modern apprenticeship elements were applied to 62 construction supervisors who were selected using the snowball sampling method, and their relevant competency characteristics were assessed using a comprehensively developed grading mechanism connected with useful training manuals/tools. Academic reviews, experts’ consultations and other meticulous mixed approaches were applied at different stages of the research plan’s sequential layout.

The mean performance scores of supervisors indicate proficient-level grades in the competency characteristics related to applying efficient labour management procedures and developing-level grades in designing productivity measurement tools, performing assessments on efficiency and productivity and proposing enhancement practices on efficiency and productivity for site operations. The findings point to a modern generalised guideline that establishes the ranges of supervisory attributes within the scope of the study. The validity, reliability, adaptability and generalisability of the findings were assured by using pertinent statistical tests and professional assessments.

Though the study’s conclusions/findings are primarily applicable to the construction environment of a developing country comparable to the Sri Lankan context, they will considerably impact current/future industrial practices in various other countries and emerging industries.

The research has produced a conceptualised modern tool that guides determining the capacity levels of supervisory attributes for carrying out labour management, labour performance assessment and labour productivity measurement aspects in construction. The research has opened a pump that inflows new values of highly workable supervision features for strengthening the site management structures and filling the industry’s knowledge vacuum in the methodical execution of apprenticeships.

The purpose of the article is to outline the insights provided by Alan Fox in Man Mismanagement in relation to the rise of the New Right political economy and the spread of unitarist managerialism. The article assesses the contemporary work and employment relations implications of mismanagement arising from a “second wave” of the New Right ideology from 2010 in the UK.

Responding to the Special Issue on Alan Fox, the article focuses on Alan Fox's book Man Mismanagement, considering industrial relations developments arising between the 1st (1974b) and 2nd (1985) editions relating to the political rise of the New Right. It reviews various literature that illustrates the contemporary IR relevance of the book and Fox's insights.

The New Right’s ideology has further fragmented work, disjointed labour rights and undermined collective industrial relations institutions, and macho mismanagement praxis is even more commonplace, compared to when Fox wrote Man Mismanagement. The stripping away of the institutional architecture of IR renders the renewal of pluralist praxis, like collective bargaining and other forms of joint regulation of work, a formidable task.

The value of the article relates to the identification of dramatic historical industrial relations events and change in the UK in Alan Fox's book Man Mismanagement, most notably relating to the rise to power of the Thatcherite New Right in 1979. Originality is evidenced by the authors’ drawing on Fox's ideas and assessing the implications of the “second wave” of the New Right in the contemporary industrial relations (IR) context of the 2020s under the conceptual themes of fragmented work, disjointed labour rights and undermined collectivism.

This chapter critically examines the unique challenges and opportunities faced by family-owned startups in emerging economies, a topic that has received limited attention in existing literature. Recognizing the high failure rate of startups, particularly in family firms, this study seeks to understand the factors contributing to their success or failure. Employing a qualitative analysis, the chapter explores various economic, legal, and cultural dimensions that influence these businesses. It provides a comparative perspective, drawing insights from various emerging economies to identify patterns and differences in the experiences of family-owned startups. The chapter aims to fill the knowledge gap by offering a comprehensive view of the success and failure dynamics in family-owned startups, with a focus on strategic, managerial, and operational aspects. This approach offers valuable insights for both academics and practitioners, aiming to guide future research and practical interventions to support the sustainability and growth of family firms in these dynamic markets.

Mental health issues such as stress, anxiety and depression are prevalent among the prisoners, highlighting the urgent need to address mental health challenges in prison facilities. Existing research highlights the crucial role of recreational and extracurricular (R&E) programs in promoting the mental well-being of prisoners. Another stream of literature identifies the importance of effective leadership within the prison system to the success of these programs and services aimed at improving the mental health of incarcerated individuals. The purpose of this study is to provide a thorough examination of the breadth, scope and characteristics of the published literature, focusing on how positive leadership in prison settings can foster the success of R&E programs in addressing mental health challenges among prisoners.

In this scoping review, a systematic literature review (SLR), using the guidelines of preferred reporting items for systematic reviews and meta-analysis (PRISMA, 2020) by Page et al. (2021), was followed which provides guidelines for study selection and research question, identification of relevant studies via databases and registers, multi-step screening to exclude literatures that are not directly relevant and finalizing body of literature for theory development, summarizing and reporting. The included studies for theory development were appraised for quality using methodology-specific tools. A critical narrative synthesis was adopted to present a theoretical framework for positive leadership influence on R&E programs to promote prisoner engagement and their mental well-being.

The SLR procedure resulted in a total of 122 studies that met the inclusion criteria for the topics of the current paper. The finalized list of studies that were used for theory development included 21studies in the area of prison and prison system (including organizations), 33 in the area of individual and team behavior (including inmates and correctional officers), 26 in the area of leadership (both organizational and correctional facilities), 12 in the area of R&E (including training and education), 31 in the area of mental health and behavior and 2 studies on research methods. Of these 122 studies, 83 studies were peer-reviewed scientific publications, selected chapters from 7 books, while the remaining 32 included nonscientific and anecdotal reports.

Despite the plethora of literature on the significance of effective leadership within organizational strategies and operations, there remains a notable gap in literature regarding the role of leadership and other enabling factors in the implementation and management of effective programs within correctional facilities aimed at improving the mental well-being of prisoners. This paper explores the role and relationship of leadership and R&E programs and activities in prisons to improve the mental well-being of prisoners. Specifically, a program’s resource sufficiency, positive reinforcement of prisoner behavior during the engagement and psychological conditions of the program are critical for successful prisoner engagement in such programs. Based on organizational theories of positive leadership and engagement (i.e. prisoner participation and engagement in R&E programs), this study offers four propositions to develop a theoretical framework of positive leadership in influencing such programs, which in turn can be a catalyst to reduce mental health issues among prisoners in correction facilities.