THERE are days—and even seasons—when to the enthusiastic walker his favourite books make but a slight appeal. Indeed on such occasions you need not be surprised if you find him…
Abstract
THERE are days—and even seasons—when to the enthusiastic walker his favourite books make but a slight appeal. Indeed on such occasions you need not be surprised if you find him asserting, heretically and dogmatically, that there is no book that will rival in his affection the frayed and tattered and rain‐stained map that has so often been his companion on hill and moor. On the winter evenings, when the curtains are drawn and the rain‐storm whips the window pane, he will pore over it for many an hour, following again in fancy the paths he has trodden in the long summer days, recapturing perhaps the view that opened up before him when, rounding the hillside above Durisdeer, he looked over the gently swelling hills of Nithsdale with their woods, their trim fields, their white farm houses, set against the grey‐blue background of far‐off mountains of Galloway.
Henry George came to maturity at a time when the simplicity and democratic values that had governed the United States were under assault. Slow and placid rhythms of life…
Abstract
Henry George came to maturity at a time when the simplicity and democratic values that had governed the United States were under assault. Slow and placid rhythms of life prevailed, but their future would be brief. Factories were flinging mass-produced goods into an economy accustomed to expecting a hat or a pair of shoes to come to an individual consumer from a local craftsman, or perhaps from a merchant drawing craft products from small shops at some distance. Canals and then rail tracks had begun slicing into the backcountry. Cities were taking on a character Americans might more quickly have expected of ancient times: overcrowded housing, uncollected sewage, the ravages of cholera, and the spread of street crime.
Although considerable action has been taken in an attempt to identify and correct the regulatory gaps in domestic and international banking supervision exposed by the collapse of…
Abstract
Although considerable action has been taken in an attempt to identify and correct the regulatory gaps in domestic and international banking supervision exposed by the collapse of the Bank of Credit and Commerce International (BCCI) in July 1991, the response of the European Community in the form of a proposed Prudential Supervision Directive — the so‐called ‘Post‐BCCI Directive’ — is still locked in the complex decision‐taking procedures of the Community which were further revised by the Maastricht Treaty on European Union in December 1991.
The case concerned an action of payment brought by Universal Import Export GmbH against the Governor and Company of the Bank of Scotland for payment of the sum of £515,793.95…
Abstract
The case concerned an action of payment brought by Universal Import Export GmbH against the Governor and Company of the Bank of Scotland for payment of the sum of £515,793.95 under a bank draft which had been issued in favour of the pursuers at the request of a firm known as Cosgroves, which held an account with the bank, in settlement of certain goods supplied by the pursuers to Cosgroves. The bank had refused payment on the grounds that the funds in Cosgroves' account had been embezzled from, inter alios, Mads Freres SA, minuters, by Cosgroves and certain other third parties in connection with a money‐laundering operation.
Linda Deigh and Jillian Dawes Farquhar
The purpose of this study is to contribute to the theory and practice of financial services marketing in sub-Saharan Africa (sSA) by investigating how financial service providers…
Abstract
Purpose
The purpose of this study is to contribute to the theory and practice of financial services marketing in sub-Saharan Africa (sSA) by investigating how financial service providers are developing corporate social responsibility (CSR) practices, in particular, seeking to uncover the involvement of stakeholders.
Design/methodology/approach
Following an interpretivist approach, the study uncovers fresh and context-rich insights through an analysis of a multiple case study consisting of retail banks in Ghana. Data consist of semi-structured interviews with senior managers and analysis of documents and archives.
Findings
The study uncovers three key CSR practices practised by the retail banks: giving, community and corporate reputation/brand with which their stakeholders are only to some extent involved. Banks not as yet drawing extensively on stakeholder resources for CSR practices.
Research limitations/implications
The study uses an inductive and in-depth approach to explore contextual insights into CSR, but with subsequent limitations on how far the findings can be extended.
Practical implications
The study offers outline for financial services marketing involving stakeholders in CSR.
Social implications
It discovers that banks acquire social capital through their CSR activities in the community.
Originality/value
The study contributes to financial services marketing theory and practice through an evidence-based framework uncovering the development of CSR through practices that as yet draw on stakeholder resources to a limited extent. Research suggests that CSR practices are dynamic and subject to a range of situational conditions.
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Nii Amoo, George Lodorfos and Nehal Mahtab
The purpose of this paper is to provide a review of literatures and previous studies on the relationship between strategic planning and performance and propose conceptual designs…
Abstract
Purpose
The purpose of this paper is to provide a review of literatures and previous studies on the relationship between strategic planning and performance and propose conceptual designs and hypotheses using multidimensional constructs to advance the understanding of this relationship, contribute to existing debates in the extant literature and make recommendations.
Design/methodology/approach
A semi-systematic literature and previous studies (studied by various groups of researchers within diverse disciplines) review approach has been used in this paper to contribute to the debate on whether strategic planning affects performance and how. Using more recent knowledge about the strategic planning concept, the semi-systematic review looked at how research within strategic planning has progressed over the past five decades and its relationship with performance.
Findings
In the past, the strategic planning performance relationship has been treated as a black box and this paper proposes that the conceptualisation of a number of constructs and the inclusion of strategy implementation will help converting the black box into a white box. To strengthen support for the debate regarding the relationship between strategic planning and performance this paper proposes a further conceptual/operational design, mathematical expressions and hypotheses to be tested empirically in further studies. The proposal provides a conceptualisation of the major constructs (strategy development; strategy implementation; and performance), and the use of strategy implementation as a mediator and/or as a moderator in the planning performance relationship.
Research limitations/implications
This study is limited due to fact that the findings have not been tested empirically, it is not a cross-sectional and/or a longitudinal research and only a limited number of dimensions of strategy development and strategy implementation have been used. In addition, the approach used is a semi-systematic review followed by quantitative thinking, which, in turn, typically assumes the relevance of and a warrant mainly from a positivist epistemology.
Originality/value
The proposed design developed in this paper ensures that core issues in planning performance relationships research are addressed. Furthermore, the inclusion of strategy implementation in planning performance relationship studies means that the whole chain of activities in the strategy process is being considered, drawing a complete and comprehensive conclusion on how strategic planning affects an organisation’s performance. In addition, by separating strategy implementation and by not combining it with formulation/formation activities will theoretically and analytically help to evaluate the importance or role of each stage of the strategy process. Moreover, the conceptualisation and operationalisation of the key concepts as multidimensional constructs contribute to past research gaps. Finally, this paper provides some clarity to many contradictory findings concerning the strategic planning and performance relationship.
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Bureaucratic hierarchy, as the hallmark of the modern organization, has been remarkably resilient in the face of increasingly pervasive attacks on its fundamental value and…
Abstract
Bureaucratic hierarchy, as the hallmark of the modern organization, has been remarkably resilient in the face of increasingly pervasive attacks on its fundamental value and usefulness. We investigate the reasons for this from a cultural, particularly psychoanalytic, perspective – one that sees hierarchy's perpetuation not in terms of the efficacy of its instrumental potential, but rather in the values that are culturally sedimented within it. We argue that hierarchy reflects longings for a pure heavenly order that can never be attained yet remains appealing as a cultural fantasy psychologically gripping individuals in its beatific vision. To tease out this cultural logic we examine two representations of it in popular culture – the U.S. television comedy The Office (2005–) and comedian Will Farrell's impersonation of George W. Bush (2009). These examples illustrate the strength of bureaucratic hierarchy as an affective cultural ideal that retains its appeal even whilst being continually the subject of derision. We suggest that this cultural ideal is structured through a ‘fantasmatic narrative’ revolving around the desire for a spiritualized sense of sovereignty; a desire that is always undermined yet reinforced by its failures to manifest itself concretely in practice. Our central contribution is in relating hierarchy to sovereignty, suggesting that hierarchy persists because of an unquenched and unquenchable desire for spiritual perfection not only amongst leaders, but also amongst those they lead.
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The estimation of the coliform content is the usual complement to the bacterial count. The value of the coliform examination in the bacteriological analysis of water is well…
Abstract
The estimation of the coliform content is the usual complement to the bacterial count. The value of the coliform examination in the bacteriological analysis of water is well attested by years of experience but the fundamental assumptions on which its interpretation is based do not hold true for milk. The estimation of the coliform organisms in milk is a presumptive and not a positive test. These organisms are not usually found in the udder but are often present in the fore‐milk. They are, however, constantly present in the excrement and on dirty, inefficiently cleansed and sterilised utensils.
Sarita Ray Chaudhury, Pia A. Albinsson, George David Shows and Virginia Moench
The purpose of this study is to examine, through the lens of entrepreneurial marketing theory, everyday business practices of small-scale winemakers in a challenging small wine…
Abstract
Purpose
The purpose of this study is to examine, through the lens of entrepreneurial marketing theory, everyday business practices of small-scale winemakers in a challenging small wine region in the USA.
Design/methodology/approach
In-depth interviews and participant observations were utilized to elicit rich descriptions of entrepreneurial marketing efforts of six New Mexico winemakers.
Findings
This article describes winemakers’ entrepreneurial marketing efforts. We find that survival drives all other entrepreneurial marketing dimensions where accounting for risk is pervasive rather than a stand-alone dimension. Knowledge gained from intense customer focus is used for new product and service innovations. The leveraging of individual and shared resources is another dimension of entrepreneurial marketing that is demonstrated in our analysis.
Originality/value
As entrepreneurs stake their claim in developing small wine regions, understanding entrepreneurial marketing concepts will enable academics and practitioners to understand challenges of a business that is not only dependent on the economics but also on mother nature’s whims.