Bradley Rice and Bisola Williams
To review the findings of the Financial Conduct Authority's consumer research on cryptoassets.
Abstract
Purpose
To review the findings of the Financial Conduct Authority's consumer research on cryptoassets.
Design/methodology/approach
Summarises the FCA's research and draws on other recent cryptoasset papers/announcements.
Findings
The research finds consumers do not understand crytpoassets well, and not many of them buy them; those that do see them as a fast track to wealth.
Practical implications
This research will further inform the approach the FCA eventually takes in clarifying the regulatory perimeter for cryptoassets.
Originality/value
Summary by experts in the field.
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Aims to consider whether the expansion of post‐compulsory education has led to greater benefits for members of one socio‐economic group than another.
Abstract
Purpose
Aims to consider whether the expansion of post‐compulsory education has led to greater benefits for members of one socio‐economic group than another.
Design/methodology/approach
Uses a multinomial logit model of the choice of first destination, using the Youth Cohort Survey data for England and Wales, from 1985 to 1992.
Findings
Whilst prior attainment has the strongest influence on selecting academic further education, participation rates into post‐compulsory education have also increased for young people of average ability. Interaction effects clearly show that for even the most able, the socio‐economic status of parents is an important influence on the choice of destination. The greatest benefit from the increased provision of post‐compulsory education after conditioning for ability has been to young people from high socio‐economic groups.
Originality/value
Provides analysis, following investigation, of the main transmission mechanisms that determine choice at age 16.
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Muneera Qassim Al-Mssallem, Sehad Nasser Alarifi and Nora Ibrahim Al-Mssallem
Blood lipid and lipoprotein abnormalities are common among patients with diabetes. The study aimed to assess dietary fat intake and its association with blood lipids among…
Abstract
Purpose
Blood lipid and lipoprotein abnormalities are common among patients with diabetes. The study aimed to assess dietary fat intake and its association with blood lipids among patients with Type 2 diabetes mellitus (T2DM) considering sex differences.
Design/methodology/approach
A cross-sectional observational study was conducted with patients (207 males and 197 females) with T2DM. The daily food intake and its contents of fat and fat types were assessed through face-to-face interview. Anthropometric measurements, glycated hemoglobin (HbA1c), triglyceride, total cholesterol (TC), high-density lipoprotein (HDL) cholesterol and low-density lipoprotein (LDL) cholesterol were initially recorded.
Findings
The results revealed that TC, LDL and HDL cholesterol levels were significantly higher in females than in males. However, the TC: HDL ratio was significantly higher in males than in females. The results also showed that the daily intake of saturated fatty acid (SFA) slightly exceeded the daily recommended allowance. However, the monounsaturated fatty acid + polyunsaturated fatty acid/SFA (MUFA + PUFA/SFA) ratio was within the recommended ratio. In addition, this study found that the main sources of SFA and cholesterol intake were milk and milk products. A significant association between high fat intake and HbA1c levels was observed (r = 0.234, p < 0.001).
Research limitations/implications
As it is a cross-sectional observational study, this study has the natural limitation where it can only demonstrate an association.
Originality/value
The types of dietary fat intake may contribute to blood lipid abnormalities and differences effects may exist among male and female. Studies on the effect of daily fat intake and its types on blood lipids in patients with diabetes, in particular Saudi patients with diabetes are limited. This study focused on the amount and type of the consumed fat among male and female Saudi patients with T2DM and studied the relationship between the type of consumed fat and blood lipid profiles.
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Amir Sadeghi, Negar Raissi-Dehkordi, Moloud Ghorbani, Reyhaneh Rastegar, Mohammadreza Zali, Nastaran Raissi-Dehkordi, Zahra Yari and Azita Hekmatdoost
The present study was designed with the aim of investigating the association between different dietary fatty acids and the risk of Gallstone disease (GSD).
Abstract
Purpose
The present study was designed with the aim of investigating the association between different dietary fatty acids and the risk of Gallstone disease (GSD).
Design/methodology/approach
The authors conducted a hospital-based, case-control study on 189 newly diagnosed GSD patients and 342 controls. Total fat and individual fatty acids, including monounsaturated fatty acids (MUFA), polyunsaturated fatty acids (PUFA) and saturated fatty acids (SFA) were assessed.
Findings
Increased risk of GSD was observed in the highest tertile of total dietary fat (OR = 1.6, CI 95%: 1.09–2.8, p = 0.002) in the fully adjusted model. Comparing the highest intake with the first tertile, showed that intake of PUFA was significantly associated with a decrease in the risk of GSD (OR = 0.87, CI 95%: 0.5–1.5, p = 0.001), and intake of SFA (OR = 1.3, CI 95%: 1.07–2.2, p = 0.001) was associated with an increase in the risk of gallstones.
Originality/value
In this study, for the first time, we explored the role of dietary fatty acids in the development of GSD, including PUFA, MUFA and SFA. Their results could help elucidate the association between fatty acids and GSD more precisely and may be beneficial in prevention and treatment of cholelithiasis.
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Elena Meschi, Joanna Swaffield and Anna Vignoles
The purpose of this paper is to assess the role of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling…
Abstract
Purpose
The purpose of this paper is to assess the role of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling decision.
Design/methodology/approach
Through the specification of a nested logit model, the restrictive independence of irrelevant alternatives (IIA) assumption inherent in the multinomial logit (MNL) model is relaxed across multiple unordered outcomes.
Findings
The analysis shows that the factors influencing schooling decisions differ for males and females. For females, on average, the key drivers of the schooling decision are expected wage returns based on youth educational attainment, attitudes to school and parental aspirations, rather than local labour market conditions. For males, higher local unemployment rates encourage greater investment in education.
Originality/value
The contribution of this paper to the existing literature is threefold. First, a nested logit model is proposed as an alternative to a MNL. The former can formally incorporate the structured and sequential decision-making process that youths may engage with in relation to the post-compulsory schooling decision, as well as relaxing the restrictive IIA assumption inherent in the MNL across multiple unordered outcomes, an issue the authors discuss in more detail in the Methodology section below. Second, the analysis is based on extremely rich socio-economic data from the Longitudinal Study of Young People in England, matched to local labour market data and administrative data from the National Pupil Database and Pupil Level Annual School Census, which provide a broad set of unusually high-quality measures of prior attainment. The authors argue that such high-quality data and an appropriate model specification allows identification of the determinants of the post-compulsory decision in a more detailed manner than many previous analyses. Third, the data have the scale necessary to consider whether the determinants of post-compulsory schooling decisions vary by gender, a particularly important issue given the differential education participation rates of males and females (e.g. in this cohort, females are about 10 percentage points more likely to go on to higher education in the UK than males), and the gendered choices of occupation (see, e.g. Bertrand, 2011). The work will, therefore, provide recent empirical evidence from England on gender differences in the determinants of education choices.
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The purpose of this paper is to create a resilient supply chain (SC) plan to contain disruptions and risks in the overall operations of a business.
Abstract
Purpose
The purpose of this paper is to create a resilient supply chain (SC) plan to contain disruptions and risks in the overall operations of a business.
Design/methodology/approach
The study integrates resilience considerations in a business planning model that formulates resilience performance (RP) of SC functions in terms of flexibility, reliability, and similar system factors. It evaluates the RP of SC plans and determines their vulnerability considering required and planned resources. The model estimates the possible effects of disasters on vulnerable functions using a scenario-based analysis and plans containment options. It also includes decision options for deploying resources to achieve the expected levels of resilience by preventing potential vulnerabilities. The model takes optimum decision in a what-if approach by comparing performance of the existing business plan, with options for containing the vulnerabilities inherent in not considering potential risks when planning to fulfill market demand, and the performance of a resilient plan that includes decision options to prevent vulnerabilities where possible and mitigate them otherwise.
Findings
It is possible, for example, to evaluate RP of SC plans, identify vulnerable functions, and decide optimum option to create resilient business system.
Research limitations/implications
The present study takes a generic approach and creates bases to explore its application in any industry-based case.
Originality/value
The research introduces formulations for RPs and vulnerability indices that can be included in a planning model to create a resilient SC.
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Purpose – Cory Booker will likely step down as mayor of Newark in 2014 or 2018. When he does, the possibility of a strong Latino candidate emerging is quite likely. There are a…
Abstract
Purpose – Cory Booker will likely step down as mayor of Newark in 2014 or 2018. When he does, the possibility of a strong Latino candidate emerging is quite likely. There are a number of black politicians who would like to succeed Booker as well. This chapter identifies eight potential successors to Booker and assesses their ability to create a multiracial electoral coalition using prior vote performance in citywide elections.Design/methodology/approach – This study regresses district (or precinct) level vote preferences for the aforementioned potential successors in previous elections on the racial and ethnic composition of the district, using voter district demographic data from 2000 and 201011The 2010 data is still incomplete at the time of publication. As such, this data will be used sparingly. compiled by the US Census Bureau and the Minnesota Population Center.Findings − There is a decade’s worth of evidence suggesting racially polarized voting among blacks and Latinos in Newark. The racialized black and Latino candidates examined in this chapter had much stronger support in districts with large coethnic populations. In contrast, the more deracialized candidates often had softer support in districts with high concentrations of coethnic voters, but often performed better in districts with higher concentrations of non-coethnics.Originality/value − While the author cautions against reading too much into the findings, the results do portend a future of racially polarized voting in Newark, especially as the city’s population diversifies and as different factions vie for power.
Mohanbir Sawhney, Michael Biddlecom, Robert Day, Patrick Franke, John Lee-Tin, Robert Leonard and Brian Poger
Rockwell Automation's Allen-Bradley division was considering how to deal with the threat posed by national distributors in the maintenance, repair, and overhaul (MRO) business for…
Abstract
Rockwell Automation's Allen-Bradley division was considering how to deal with the threat posed by national distributors in the maintenance, repair, and overhaul (MRO) business for its industrial automation products. National distributors were consolidating the MRO distribution channel, offering national account customers an integrated multichannel solution for their MRO needs. Allen-Bradley had traditionally served its customers through high-touch, high-value-added local distributors, but this channel was inadequate for the demands of large MRO customers. An effort by Allen-Bradley and other manufacturers to create an industry-wide electronic sourcing consortium called SourceAlliance.com had failed. Now the company had to choose between redesigning its traditional channel by creating a virtual network of local distributors, striking an alliance with a national distributor, or withdrawing from the MRO market. It had to contend with difficult channel conflict issues in choosing a channel strategy.
To analyze the competitive strategy of a company serving the MRO market.
Details
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Keywords
Planning processes for the operations of entire supply chains require examination because business competition demands coherent strategies from them. Research into processes for…
Abstract
Planning processes for the operations of entire supply chains require examination because business competition demands coherent strategies from them. Research into processes for strategic operations planning has defined the steps and procedures required. Some research has partially addressed planning processes for integrated supply chains. The present research begins to specify a process and investigate how a team of managers from the companies in a supply chain can be helped to formulate strategic plans for operating the whole chain, to benefit each company and to benefit the whole chain. Building on previous research, this theoretically‐based paper proposes a framework to enable such a process. This chain‐wide planning process is illustrated in an Australian meat processing supply chain, with encouraging results.