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Book part
Publication date: 4 October 2024

Douglas J. Cumming and Zachary Glatzer

This chapter focuses on how alternative data can change the nature of financial forecasting through improved short-term forecasting techniques and decreased informativeness from…

Abstract

This chapter focuses on how alternative data can change the nature of financial forecasting through improved short-term forecasting techniques and decreased informativeness from longer term sources. Increased use of social media data leads the charge in transforming this transition. Alternative data are data not from standard financial statements or formal reports. This chapter looks at alternative data from new sources (e.g., social media, Internet of Things [IoT], and digital footprints) and alternative data from new collection methods like web scraping for textual analysis, image analysis, and vocal analysis). It first discusses standard data in financial forecasting. Next, this chapter examines alternative data in financial forecasting. Finally, it discusses alternative data used in studying finance more broadly.

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The Emerald Handbook of Fintech
Type: Book
ISBN: 978-1-83753-609-2

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Book part
Publication date: 28 August 2024

Gelaye Debebe

This chapter explores genderwashing in the context of exclusive talent management (ETM) and defensive diversity management (DDM). It makes the counter intuitive argument that ETM…

Abstract

This chapter explores genderwashing in the context of exclusive talent management (ETM) and defensive diversity management (DDM). It makes the counter intuitive argument that ETM is a misnomer in that it privileges maintenance of an organizational hierarchy based on social identity over the development of talent. Further, DDM is a genderwashing tool, enabling organizations to fend off criticism through symbolic diversity, equity, and inclusion (DEI) initiatives while enacting discourses that legitimate structures, practices, and norms that produce a status hierarchy based on social identities. A genderwashing perspective reveals this contradiction and spotlights the uncomfortable reality of workplace inequalities. It also shows that operating within boundaries set by the status quo renders DDM ineffective in removing the real career impediments faced by women and members of minoritized groups (MMG). A transformative diversity management (TDM) approach is needed to confront these realities and enable organizations to support the career aspirations of women and MMG.

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Genderwashing in Leadership
Type: Book
ISBN: 978-1-83753-988-8

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Book part
Publication date: 4 October 2024

Maximiliano E. Korstanje

Over decades, tourism has been over-valorized as a mechanism that leaves developing economies from poverty and pauperism. In fact, development theory has enthusiastically…

Abstract

Over decades, tourism has been over-valorized as a mechanism that leaves developing economies from poverty and pauperism. In fact, development theory has enthusiastically emphasized the nature of tourism as a sustainable activity that boosts local economies. Quite aside from this, some critical voices not only have questioned to what extent tourism alleviates local poverty but also the connection between tourism and poverty. An emerging field within tourism studies has plausibly discussed the conditions laying for poverty to become a commodity or a tourist attraction. In this context, the classic paradigm of tourism development has been radically shifted. There is a type of emerging morbid consumption (morbid taste) that makes the Other's pain a question of attraction. This chapter not only ignites a hot debate revolving around the nature of poverty tourism but also its main contradictions. These contradictions can be very well begged in a question: if we start from the premise poverty seems to be the main commodity to exchange for local culture, how can the industry of tourism eradicate poverty?

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Of Tourists and Vagabonds in the Global South
Type: Book
ISBN: 978-1-83608-045-9

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