Stephanie Giamporcaro and Matthew Marrian
The case on ABIL deals with the important issue of corporate governance, and particularly the crucial role that the board of directors plays. It highlights the complex issue…
Abstract
Subject area
The case on ABIL deals with the important issue of corporate governance, and particularly the crucial role that the board of directors plays. It highlights the complex issue institutional investors face when trying to assess the strength of a board and the quality of information and disclosure. The case is set in South Africa which is an emerging market.
Study level/applicability
The case targets MBA students and can be taught as part of a corporate governance or sustainable and responsible investment module or course. The case is aimed at both local and international students as the case deals with corporate governance principles that are applicable to both audiences. Where necessary, the case provides information to guide international audiences.
Case overview
The teaching case is set on 6 August 2014 when Ian Matthews, the Head of Equities at a South African Asset Manager, BG Wealth, gets a call while on leave. The call is from his boss, chief investment officer, Deryck Medley, informing him of the negative trading update and asking him to come back to prepare for an emergency investment committee that afternoon. The case traces Matthews’ day as he reviews the research reports BG Wealth had put together on ABIL over the previous 15 months. Matthews also recalls the process the investment team went through internally before finally deciding to invest in the company. The case highlights not only the corporate governance failures of ABIL but also the lack of consideration given to ESG factors by BG Wealth.
Expected learning outcomes
The case’s primary teaching objective is to highlight the importance of corporate governance. The case provides detailed insights into the area of corporate governance through the analysis of a corporate failure. Through this teaching case, the students will follow the real-life events that led to the collapse of ABIL. It is intended that the students will be forced to deal with a complex situation and will be required to develop specific solutions to the issues raised.
Supplementary materials
Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.
Subject code
CSS 1: Accounting and Finance.
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The purpose of this study is to attempt to suggest an adjustment in Iran's national publication strategy based on the country‐specific Matthew core journals. It investigates…
Abstract
Purpose
The purpose of this study is to attempt to suggest an adjustment in Iran's national publication strategy based on the country‐specific Matthew core journals. It investigates Iran's performance in its national journal set, and proposes a more prominent journal subset.
Design/methodology/approach
A citation analysis method is applied to study Iran's scientific performance in its national journal set. The data were extracted from the Science Citation Index at Web of Science and JCR and imported to SPSS for further refinement and analysis.
Findings
The results showed that Iran experienced comparatively considerable citation loss. Surplus citations are concentrated in a small number of journals, presented as Iran's positive Matthew core journals. The results also confirm a relatively poor publication strategy adopted by Iranian scientists and that a publication concentration does not necessarily enhance the chance of being widely cited.
Research limitations/implications
These findings imply that Iran needs to watch more vigilantly the functioning of its science system. To improve its presence at the international level, Iran should re‐orient its publication strategy towards a more prominent one. This may be the case for similar science systems, where the emphasis is given to quantity rather than quality.
Originality/value
Country‐specific Matthew core journals, with serious citation competition, can serve as an important criterion to monitor the functioning of science systems regarding publication strategy. This is the first empirical study to employ the concept to suggest improvements in a country's publication strategy.
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A close reading of the Gospels of The New Testament reveal that the various authors were clearly aware of certain key principles of marketing and advertising which we have…
Abstract
A close reading of the Gospels of The New Testament reveal that the various authors were clearly aware of certain key principles of marketing and advertising which we have rediscovered in the twentieth century. Specifically, the pros and cons of “global” vs. “local” marketing and copywriting were understood and the authors made conscious choices to cater to various target markets. In addition, the basic techniques of public relations and lobbying were clearly understood and consciously applied. The examples presented are not isolated analogies quoted out of context; the various authors clearly comprehended the basic principles of marketing and overtly orchestrated them in thoughtful and coherent ways. A study of The New Testament, therefore, reveals the significant degree to which ancient people were aware of advertising and marketing techniques. How marketing, as a discipline, can help other scholars interpret the events they study is described.
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Machine tools exports are exceptionally buoyant, but the home sales graph continues to sink. This gives a headache to one of Britain's key industries that it will suffer from well…
Abstract
Machine tools exports are exceptionally buoyant, but the home sales graph continues to sink. This gives a headache to one of Britain's key industries that it will suffer from well into the seventies. Would a government aspirin help? Lesley Bernstein talks to the industry's top men. Pictures by Eric Lockrane and Eddie Ryle‐Hodges.
This essay argues that the teachings and ethos of Jesus are needed in public administration to address a potentially fatal weakness in modern industrial republics. The latter are…
Abstract
This essay argues that the teachings and ethos of Jesus are needed in public administration to address a potentially fatal weakness in modern industrial republics. The latter are increasingly prone to domestic tyranny and international imperialism, because the values that once constrained them, and which once were thought to be self-evident, have been traced to Christian doctrines discredited by science. The first half of the essay chronicles the failure of the West either to live well without these values, or to find an alternative foundation for them. The second half of the essay shows that this dilemma can be overcome by differentiating the teachings of Jesus from the doctrines of Christianity
This chapter examines the 1999 trial of Aaron McKinney for the murder of Matthew Shepard, a gay student at the University of Wyoming whose death propelled forward an incipient…
Abstract
This chapter examines the 1999 trial of Aaron McKinney for the murder of Matthew Shepard, a gay student at the University of Wyoming whose death propelled forward an incipient movement to legislate against hate crimes. It explores the competing ways in which Aaron McKinney was conjured as a legal persona, defined through the opposing lenses of gay panic and of homophobic hate. It situates those personae in conflicting narratives of criminal culpability emerging out of indeterminate legal doctrines and definitions (the unwritten law; the meaning of ‘malice’), and argues that in conjuring them, adversarial criminal trials necessarily destabilise the ‘default legal person’. In doing so, trials performatively reconstruct the past in ways that both mark and mask a past events. In the McKinney case, contests over his culpability emerged against a backdrop of loss, both epistemological and affective, generating a projective reckoning with Shepard’s death in ways that enabled a politically transformational mourning process.
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Matthew D. Roberts, Matthew A. Douglas and Robert E. Overstreet
To investigate the influence of logistics and transportation workers’ perceptions of their management’s simultaneous safety and operations focus (or lack thereof) on related…
Abstract
Purpose
To investigate the influence of logistics and transportation workers’ perceptions of their management’s simultaneous safety and operations focus (or lack thereof) on related worker safety and operational perceptions and behaviors.
Design/methodology/approach
This multi-method research consisted of two studies. Study 1 aimed to establish correlational relationships by evaluating the impact of individual-level worker perceptions of operationally focused routines (as a moderator) on the relationship between worker perceptions of safety-related routines and workers’ self-reported safety and in-role operational behaviors using a survey. Study 2 aimed to establish causal relationships by evaluating the same conceptual relationships in a behavioral-type experiment utilizing vehicle simulators. After receiving one of four pre-task briefings, participants completed a driving task scenario in a driving simulator.
Findings
In Study 1, the relationship between perceived safety focus and safety behavior/in-role operational behavior was strengthened at higher levels of perceived operations focus. In Study 2, participants who received the balanced pre-task briefing committed significantly fewer safety violations than the other 3 treatment groups. However, in-role driving deviations were not impacted as hypothesized.
Originality/value
This research is conducted at the individual (worker) level of analysis to capture the little-known perspectives of logistics and transportation workers and explore the influence of balanced safety and operational routines from a more micro perspective, thus contributing to a deeper understanding of how balanced routines might influence worker behavior when conducting dynamic tasks to ensure safe, effective outcomes.
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Purpose – The purpose of this study is to gain greater understanding of the ways that youth “do race” in the post-Civil Rights United States. Scholars have studied racial…
Abstract
Purpose – The purpose of this study is to gain greater understanding of the ways that youth “do race” in the post-Civil Rights United States. Scholars have studied racial discourse and meaning among adults but have not rigorously investigated the patterns of discourse among youth.
Methodology – I analyze in-depth interviews and in and out-of-school observations drawn from three racially mixed fourth-grade classrooms in a city that I call Rolling Acres. Among the 31 families, 21 of the children identified as White and 10 identified as Black. Rolling Acres is a midsized city of over 100,000 residents where 75 percent of its residents identify as White and 9 percent identify as Black.
Findings – Youth maintain complex understandings of the importance of race, but mediate the expression of these sentiments based on their social identities and public scripts. Both Black and White children first suggest race does not matter when asked, but then describe that race is important to others in their school. White youth suggest Black youth are the perpetuators of racial antagonisms and perpetuate racial significance through their actions. Black youth suggest White youth do not typically antagonize over race, but when they do the perpetrators are acting out of individual beliefs and thus are limited in impact.
Originality – Through an exclusive concentration on the voices of the young, new patterns of understanding and discourse are uncovered, which may relate to later divergences in racial meaning in adulthood between Blacks and Whites.
In response to the crisis affecting black boys in public schools (skewed numbers of black boys out of school on suspension and referred for special education services, as well as…
Abstract
In response to the crisis affecting black boys in public schools (skewed numbers of black boys out of school on suspension and referred for special education services, as well as low high school graduation rates), the researcher sought to amplify the voices of black male teachers who serve as walking counter-narratives for the boys they teach and with whom they interact on a daily basis (Lynn, 2006). This narrative study focuses on the interviews of four black male K-12 teachers, born between 1972 and 1987. The researcher listened to these teachers’ stories, observed selectivities, and silences (Casey, 1993), and looked for the patterns that arose among the educational, experiential, and cultural experiences that these teachers have had. Four themes emerged that addressed the influences on these men’s decisions to become K-12 teachers: the separate becomes connected, and the self is transformed; Black woman as inspiration; it takes a village; and transforming society by fighting students.I walk into the facility, and there was a little kid. He walks up to me and he, like he hits me on my arm, and he said, you know, uh, “Come and help me with my homework.” The kid doesn’t know me; I don’t know who this kid is and uh … I walk over, and I begin to help the kid with his homework, and when I started doing that, it was like, almost like immediately I knew for the first time this was the thing, this was the area I really wanted to be a part of … uhm … words can’t really explain it, but it was like something within myself I really knew this was the thing I’ve been missing. You know, this was the part that’s been missing for a while. This was the avenue that I been searching for. –Mr. Matthew Jamison
Hong‐Jen Lin and David C. VanderLinden
The purpose of this paper is to ascertain whether religions parables are relevant to finance.
Abstract
Purpose
The purpose of this paper is to ascertain whether religions parables are relevant to finance.
Design/methodology/approach
In the Gospel, one may find parallels to the capital asset pricing model in the context of the parables of the kingdom of God. For instance, the duality in the parables is particularly analogous to the gain – loss decision making in the practice and theory of finance. Moreover, several parables giving insight into investor reactions may help explain the premium puzzles in asset pricing.
Findings
Based on a thorough analysis, one can see that the parables contribute to finance practice and education.
Originality/value
This study is the first attempt to link parables in the Gospel of Matthew to finance theories.