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This paper, which is conceptual in both nature and approach, builds on a recent contribution to the theorization of “globalization” and seeks to utilise the framework developed therein to help promote a more complex conceptual understanding of the potential implications of how business operates and responds to these challenges in a global environment. The paper aims to discuss these issues.

The paper draws primarily on a heuristic framework developed by O'Byrne and Hensby that reviews eight models of global change. In this paper, the authors review and give consideration to the relationship between these models and business practice and contend that this relationship is far more complex than the majority of the current literature in the business and management field represents. Within the paper, the authors explore and discuss the dynamics of the eight models of “globalization” and assess the potential implications for business practice of working within these often conflicting and contradictory paradigms of “globalization”. As part of this review, the authors consider the strategic implications of “globalization” for business practice and propose a conceptual model with eight strategic options which are aligned to the eight models of global change.

The paper presents a tentative heuristic framework seeking to align the eight models of global change with strategic options that companies might peruse in response to the global forces for change. The paper concludes by advocating a more integrative and complex understanding of globalization than is currently the case and identifies potential for further research in this area.

The paper develops a conceptual framework for assessing the challenges that processes of globalization present to business. The paper places a particular emphasis on considering the strategic implications of the various models of global change and offers a tentative framework for further debate and discussion.

Machine learning (ML), and deep learning in particular, is gaining traction across a myriad of real-life applications. Portfolio management is no exception. This paper provides a systematic literature review of deep learning applications for portfolio management. The findings are likely to be valuable for industry practitioners and researchers alike, experimenting with novel portfolio management approaches and furthering investment management practice.

This review follows the guidance and methodology of Linnenluecke et al. (2020), Massaro et al. (2016) and Fisch and Block (2018) to first identify relevant literature based on an appropriately developed search phrase, filter the resultant set of publications and present descriptive and analytical findings of the research itself and its metadata.

The authors find a strong dominance of reinforcement learning algorithms applied to the field, given their through-time portfolio management capabilities. Other well-known deep learning models, such as convolutional neural network (CNN) and recurrent neural network (RNN) and its derivatives, have shown to be well-suited for time-series forecasting. Most recently, the number of papers published in the field has been increasing, potentially driven by computational advances, hardware accessibility and data availability. The review shows several promising applications and identifies future research opportunities, including better balance on the risk-reward spectrum, novel ways to reduce data dimensionality and pre-process the inputs, stronger focus on direct weights generation, novel deep learning architectures and consistent data choices.

Several systematic reviews have been conducted with a broader focus of ML applications in finance. However, to the best of the authors’ knowledge, this is the first review to focus on deep learning architectures and their applications in the investment portfolio management problem. The review also presents a novel universal taxonomy of models used.

This study examines the effect of the informational content of local credit rating announcements in emerging markets on the liquidity of their bond markets. This study analyses the liquidity of bonds in various emerging bond markets using a sample of nine countries: Argentina, Mexico, Peru, Hungary, Poland, Spain, Turkey, Hong Kong and Greece. The sample includes daily data on sovereign bonds that go from July 2009 to July 2017. The main focus is on the period before and after the sovereign debt crisis. This study notes that the bond liquidity is affected due to the sign of the rating granted by the rating agencies for each country.

This study aims to question the sources of liquidity problem of sovereign bonds issued by the emerging countries. The study’s database consists of daily data of all nine emerging countries for the period from July 2009 to July 2017. Panel data were collected from the Datastream database.

This study first directly tests the information content of bond ratings announcements and their effect on bond market liquidity. Next, the impact of rating changes on sovereign bond liquidity around the rating announcements is studied. Rating changes can affect sovereign bond's price, trading and liquidity around the announcement date. In particular the rating changes that move the bonds out of the investment grade category can elicit selling pressure or even fire sale of the fallen angels.

This research aims to present data on the prices of sovereign bonds that react to changes in credit rating by studying the price movements around the announcement of changes in credit rating. The literature is very rich in studies on credit rating changes on stocks and corporate bonds, but this study is perhaps the first attempt on sovereign bonds.

The objective of this study was to determine whether an association between coparenting trajectories and parental commitment exists five years after the birth of focal children. Situated in commitment theory, the study used data from the Fragile Families and Child Wellbeing Study to estimate latent growth curve models to test the relationship between coparenting trajectories and commitment theory. Results show that the coparenting trajectory decreased over the four-year period, but reports remained high. Mothers who report high levels of coparenting also report being committed to the biological father, albeit commitment is low. This finding shows that parents may be dedicated to their children and constrained by the parental dyad. These findings support the hypothesis that children are constraining the parental dyad. Further, coparenting among unmarried, cohabiting parents influence parental relationships over time–substantiating the argument that a “new package deal” exists.

Social implications – If parents feel constrained to each other due to shared children, policies directed at coparenting, rather than marriage incentives and promotion, could help parents learn to negotiate their parental duties with each other to ensure that both parents are vested in their children’s lives.

The purpose of this paper is to explore the establishment and development of a leadership centre in a South African University. The paper is concerned with reviewing concepts of identity, ideology and struggle from a systems‐wide perspective and their impact on working with transformational change in a society in transition.

A conversational framework was used by the authors to create deeper understandings of the complexity of human and social relations in the context of the case. The paper uses methodologies for reflective investigation informed by the work of Boje and Flyvbjerg to review a ten year longitudinal case study.

The paper supports the view that “idealised” forms of organizational intervention and narratives about it often ignore the real world of competing rationalities, such as issues related to multiple and competing identities, contested ideologies and conflict and therefore “edit out” what is involved in the struggle to lead alternative forms of organization in periods of transition.

As with all research based on a case study approach it is difficult to make claims about a major contribution to generative knowledge. However, an in‐depth review of situated knowledge can offer insights which may be useful in exploring the dynamics of transformational change in other societies in transition.

The paper offers an in‐depth review of factors impacting on change and develops an interpretative framework that could be applied in other contexts. Given the current systemic changes taking place within the Middle East and North Africa (MENA) region, the paper could offer insight into working with transformational change in societies in transition.

The purpose of this paper is to present a research from a study undertaken with Methodist circuit ministers in the UK and those that work closely with them. It considers in what way and to what extent ministers think of themselves as managers and to what extent and in what way they are expected to perform as managers by those they work with.

The research that informs this paper was gathered through a qualitative study which involved in-depth semi-structured interviews with 22 participants both Methodist ministers and those who worked closely with them.

The study shows that, whilst those who work with ministers typically do not problematize management and expect managers to be able to perform management tasks, the ministers themselves are ambiguous about or rejecting of the discourse of management.

The relatively small sample size limits generalizability.

The study challenges trainers in this context and in other contexts where the “language” of management is contested or rejected to find a discourse of management which is acceptable.

The study contributes to the small body of literature on management and the development of managers within religious organizations. It contributes to the literature on managerial identity and the importance of management language in becoming a manager by presenting an example where this language and identity is contested or rejected.

The Bureau of Economics in the Federal Trade Commission has a three-part role in the Agency and the strength of its functions changed over time depending on the preferences and ideology of the FTC’s leaders, developments in the field of economics, and the tenor of the times. The over-riding current role is to provide well considered, unbiased economic advice regarding antitrust and consumer protection law enforcement cases to the legal staff and the Commission. The second role, which long ago was primary, is to provide reports on investigations of various industries to the public and public officials. This role was more recently called research or “policy R&D”. A third role is to advocate for competition and markets both domestically and internationally. As a practical matter, the provision of economic advice to the FTC and to the legal staff has required that the economists wear “two hats,” helping the legal staff investigate cases and provide evidence to support law enforcement cases while also providing advice to the legal bureaus and to the Commission on which cases to pursue (thus providing “a second set of eyes” to evaluate cases). There is sometimes a tension in those functions because building a case is not the same as evaluating a case. Economists and the Bureau of Economics have provided such services to the FTC for over 100 years proving that a sub-organization can survive while playing roles that sometimes conflict. Such a life is not, however, always easy or fun.

Recent debates within the literature and amongst practitioners of coaching have been focussed on defining the scope and practice of coaching as a form of organizational intervention that can facilitate organizational and individual change. The purpose of this paper is to contribute to the debate about what coaching is by reviewing an emerging comparative conceptual framework of coaching as a form of practice for management and organizational development.

The framework was developed through an exploratory study involving a focus group of practitioners in coaching and management. The overall approach to this study blends a conceptual consideration of the practice of coaching with the results gained from a focus group. The study uses cognitive mapping, thematic grouping and content analysis to seek to define the key characteristics of coaching in comparison to other forms of management practice.

A framework of “meta‐categories” of management practice are identified and the role and processes of coaching is compared in relation to these. Results from the study suggest that coaching adopts a holistic approach to management and organizational development and that certain key characteristics can be identified that differentiate it from other forms of management and organizational development. Results also open the way for research into forms of coaching required to facilitate and support whole systems change.

The framework could be of use to managers in assessing whether a coaching‐based approach to promoting and managing change is appropriate and what processes it involves.

This paper seeks to provide an overview of the growing popularity of slotting fees and their potential for abuse that led to congressional hearings as well as investigations by the Federal Trade Commission and the General Accounting Office, respectively. It also aims to discuss the widespread use of promotional allowances and their potential for abuse, leading to accounting irregularities.

It focuses on how promotional allowances have been improperly accounted for at Royal Ahold, Fleming Companies and AmerisourceBergen Corp. By reviewing how the Financial Accounting Standard Board (FASB) overhauled the accounting rules, it sheds some light on the magnitude of these practices.

The FASB failed to go far enough in its crack‐down. It reveals that heavy reliance on these allowances by financially weak retailers can be a red flag to current and potential investors, both professional and individual. However, the post‐Enron accounting rule changes and the Sarbanes‐Oxley Act are forcing CEOs and CFOs of publicly traded companies to rethink how to account for these allowances. Additionally, while the vast majority of grocery chains dabble in the slotting ritual, the world's largest retailer and the world's largest commissary do not demand and do not accept slotting fees.

By reviewing a limited sample of the literature, this study offers some guidelines for conducting future research.

Already there is evidence of activity in library circles that was difficult or impossible during the war. A.S.L.I.B. did continue its conferences and the successful one held last month was a useful member of the series. This month the London and Home Counties Branch of the L.A. meets for a week‐end conference at Brighton where some interesting matters are on the programme but, what is more useful, we are able to resume again the pleasure of lounging and discussing together for a more extended time than we have been able to do lately. The South‐Eastern Regional Library System has held its Annual Council Meeting at which some important organization matters were settled and Mr. McColvin continued his missionary work on post‐war possibilities. The School of Librarianship duly began its resumed career on October 3rd. The Library Association Council has held its first officially correct meeting, having been released to do so by the Privy Council. Up and down the country there is evidence that the profession is stretching itself as a preliminary to awaking to activity.