Search results

The purpose of this paper is to focus on understanding of stakeholder attributes and attitudes towards privatisation. It examines the stakeholder attributes through the framework provided by Mitchell et al. (1997). By combining it with the concept of issue salience proposed by Bundy et al. (2013), it addresses the current gap in research on how stakeholders influence the process of privatisation.

This research uses a process research approach to examine the privatisation process in New Zealand’s electricity industry in order to explore contexts, content and process of change. By collecting real-time data during the period of privatisation, utilising a process approach provided the authors a view of the historical path and associated events which lead to identification of stakeholder attributes and attitudes towards privatisation.

The research offers a unique insight into stakeholder attributes exhibited by different groups during privatisation. The authors identified that during privatisation the government is the ultimate stakeholder who sets the rules of the game of privatisation by exhibiting the attributes of power, legitimacy and urgency. The attributes exhibited by other stakeholders were transitory and were impacted by issue salience. The authors also identified that stakeholders exhibiting all three attributes (the government) chose a non-response approach to deal with any conflicting issues raised by other stakeholders.

The research examined the new public management emphasis on the privatisation of state-owned enterprises (SOEs) vis-à-vis stakeholder groups, utilising the complementary concepts of stakeholder salience and issue salience. This research makes a contribution to stakeholder management theory in the public sector by identifying how various stakeholders influence the process of privatisation of SOEs.

The review of contemporary organisational change theories identified one theory which seemed relevant to explaining the organisational change phenomenon in public enterprises – Van de Ven and Poole’s (1995) Evolutionary Change Theory (ECT). However, further review of the management literature revealed its limitations in explaining change, particularly in public enterprises. The theory fails to identify the triggers of change and the roles of various stakeholders, and the purpose of this paper is to enhance model of the ECT and appraise it.

Researchers continue to highlight the need to examine context when examining a change process; therefore, the authors utilised a process research approach to examine changes in the New Zealand electricity industry over the past four decades. As the approach is a flexible one, it allowed exploration of the critical features of change.

Analysis revealed compelling evidence of two new proposed stages to the ECT which operated in conjunction with external environmental influences that acted as stimuli for change.

The research provided insight into the various influences on organisational change, particularly public enterprises. It confirms the previously ignored power of the external environment and the role of stakeholders in influencing organisational change.

The research advances current understanding of organisational change as it offers an enhanced model of the ECT by identifying the trigger for organisational change in public enterprises. Furthermore, it finds different stakeholder groups with the ability to influence the organisational change process.

Technological development has been a cornerstone of any emerging economy in the past few years. Blockchain has emerged as a promising technology in the past few years, revolutionizing business dynamics. There is always a concern or hesitation during such novel technological innovation. This paper aims to investigate the blockchain technology (BCT) implementation and acceptance in the supply chain function domain.

The proposed model is based on the Technology Readiness Index (TRI) and extended theory of planned behavior (TPB). The responses were collected from information technology (IT) professionals working at management positions in various manufacturing industries. A total of 147 usable responses were collected for analyzing hypotheses using structural equation modeling.

As per the findings, perceived ease of use significantly impacts perceived usefulness and attitude toward technology acceptability. Perceived usefulness is significant to attitude toward use. Trust in technology has a significant impact on building up the attitude to use the technology.

The novelty of this work lies in gauging the acceptability of new ways and means of transacting among supply chain professionals and decision-makers. This study provides a broader perspective regarding reluctance and acceptance of the BCT in the developing country that may help the technologist to elucidate better for smooth adoption.

Purpose – Disability-related politics and discourse in developed countries seldom includes the voices of disabled people from immigrant ethnic communities. Attending to the experiences of people with disabilities among immigrant communities is particularly salient when considering questions about community participation and citizenship in the context of immigrant-receiving societies such as the USA. This chapter aims to shed light on this topic by examining the narratives of refugees with disabilities resettled in the USA.

Methodology – A global ethnography framework was used to collect narrative data from eight Cambodian and seven Somali refugees with disabilities through observations, in-depth interviews, focus groups, and social network surveys. Additionally semistructured interviews were conducted with 10 service providers/key experts. Data were analyzed using grounded theory techniques.

Findings – Data from the study revealed that the Cambodian and Somali participants were distinct in terms of their access to sources of support and community and in their experiences of community participation barriers. Depending on their respective circumstances, they engaged in various tactics and strategies to negotiate these barriers and to create new networks of support and advocacy.

Limitations – The study sample was purposively selected and therefore findings represent only the views and experiences of the participants precluding any claims about generalizability. Furthermore, owing to the cross-cultural nature of this research there is a possibility that certain linguistic and cultural nuances were missed during data collection and analysis.

Implications – Findings suggest a need to recognize and support heterogeneous disability experiences and diverse expressions of “disability activism” enacted in individually, contextually, and culturally preferred ways in order to draw disabled people from diverse groups into the broader disability community in the USA.

Visits to locations connected to historical atrocities, tragedy, suffering, or presumably dreadful events are referred to as “dark tourism”. While Bangladesh may not be widely known for dark tourism, several unexplored avenues may be of interest to those who engage in this type of unique and unconventional tourism experience. In addition to creating job opportunities and income generation in Bangladesh, it can achieve educational objectives, communicate with a broad audience, raise awareness of events of the past, and quench people's thirst for information, which can help them to comprehend a society. Though Bangladesh has several somber locations connected to tragic events including World War II, liberation war sites, mass killing sites, shipbreaking yards, Rohingya refugee camps, riots, and the mother language movement, traditional tourism predominates there. If managed responsibly, these varied resources, somber locations, and histories, some of which date back to 1800, could make Bangladesh a dark tourism destination. Although dark tourism in Bangladesh has the potential to contribute to historical awareness, preservation, educational opportunities, and socioeconomic development, it is yet unexplored due to a lack of knowledge, experience, policy, effective marketing, and some controversies. By approaching responsibly, Bangladesh can leverage its history to attract visitors' interests in exploring the darker aspects of the country's past. Hence, this chapter is designed to explore the status and potential significance, prospects, and challenges of dark tourism in Bangladesh. The findings will help policymakers, tourists, and other stakeholders to explore and enjoy enormous benefits from Bangladesh's untapped dark tourism opportunities.

The rapid advancement of AI in education brings both significant challenges and opportunities. In Pakistan, where the educational system is facing numerous issues, AI integration has raised significant concerns. Therefore, this study aims to explore the challenges AI poses to the Pakistani education system in the era of digital transformation.

A focus group was conducted with 13 participants, including educators and heads of departments from universities located in Rawalpindi and Islamabad. Thematic analysis was used to generate themes from the data.

The study findings indicated that AI integration in education can provide personalized and adaptive learning and teaching experiences by bridging the educational divide through easy access to quality education. Participants also highlighted the anxieties related to the digital divide as a great challenge for Pakistan. The integration of AI and automation in education is also raising concerns about job displacement for educators.

It highlighted that the integration of AI into the educational system can also bring both challenges and opportunities. To tackle these issues, potential strategies such as professional development and training programs to develop AI literacy among educators need to be introduced.

This paper aims to develop a ranking methodology for the companies included in the Islamic indices in Turkey. Thus, this paper simplifies the decision-making process for investors with Islamic sensitivities to stock market investment when constructing their investment portfolio.

This paper uses a case study of 20 companies listed on Borsa Istanbul, drawing data from their 2017, 2018 and 2019 financial reports. These companies are scored and ranked according to their compatibility with the screening criteria used by Ziraat Katilim index in Turkey. In addition, this paper uses the quantitative screening process to calculate the ranking scores of these companies.

The findings show that some companies are highly compatible with the screening criteria, with ranking scores close to 100 points. However, some companies satisfied the criteria on the margin. This may not be a desirable result for some investors.

Only 20 companies are included in the analysis. Since the conventional accounting system is used in Turkey, it was difficult to get exact information about the companies’ Sharīʿah compatibility from the financial results.

The findings assist investors to determine which company is ethically more responsible than others within the Islamic framework. There are also implications for the companies in question, index providers and Sharīʿah scholars.

The findings aim to simplify the decision-making process of investors who have Islamic sensitivities to stock exchange market investment when they constitute their portfolio.

To the best of the authors’ knowledge, it is one of the first attempts to develop a ranking methodology for Sharīʿah-screened stocks in Turkey even though Sharīʿah screening has been on the agenda since the late 1990s. This paper also compares 11 indices based on their screening criteria.

In this empirical study, I describe how Muslim women leading American Islamic schools demonstrate emotionality by managing their own emotions and the emotions of others as core components of leadership practices. Using the lens of critical feminist studies, this research makes private emotional expressions a site for critical analysis of social, cultural and political influences that reflect patriarchal power imbalances and rising anti-Muslim sentiment. Through a national analysis of 13 interviews of Muslim women school leaders, centering their everyday leadership experiences as qualitative data, I found that these women skillfully managed emotions as both a demonstration of their faith and a professional effort to advance their school communities. The following themes emerged from the data as evidence of emotionality within American Islamic schools: (a) emotions as nurturing; (b) emotions as burdens; (c) emotional fluency and (d) emotions as resistance. This study expands the scholarship of critical feminist studies that examine the intersections of emotionality and leadership, by adding the voices of Muslim women school leaders who expertly manage emotions across cultural boundaries, through a difficult political environment, and as an embodiment of prophetic principles.

This paper aims to achieve two goals: first, to evaluate the existing interest-free monetary policy tools in the major Islamic financial hubs of Malaysia, Pakistan and Bahrain and; second, to suggest how monetary policy tools in Turkey can be used in other countries.

This study follows a qualitative research method based on literature review, comparison, evaluation and design.

The policy rate cannot be used due to Shariah concerns. The reserve requirement depends on qard, and the reserves should be kept separately in the central bank. In terms of ijarah sukuk, Shariah concerns should be taken into account and a new structure, as displayed in Figure 3, should be followed. Government investment certificates can be used as an interest-free monetary policy tool. A genuine mudarabah interbank investments can also be used. Wadiah acceptance with no habitual gift can be used as well, and Tawarruq and central bank notes are not preferable due to Shariah concerns as well. Having said that, a Turkey-based tawarruq platform can be structured for others to use instead of applying to London.

This paper’s unique suggestion is to develop an interbank taqaruz market and a taqaruz method with the central bank. It is also unique for Turkey in the subject.

This paper aims to provide a new approach for the credit risk management process of profit and loss sharing instruments in Islamic banks.

Three credit risk management steps are elaborated for profit and loss sharing instruments.

First, a new credit risk definition compatible with profit and loss sharing instruments is done. Connected to this definition, possible credit risk factors are identified. Second, in terms of credit risk measurement, a general framework for credit scoring of prospective customer‐agents is drawn. Lastly, three groups of credit risk mitigation tools are suggested.

The paper can be developed further by empirical analyses and case studies.

Even though credit risk is a well‐known and deeply elaborated financial concept in conventional literature, its unique characteristics in terms of profit and loss sharing instruments have not been sufficiently elaborated in Islamic finance literature. This paper is an attempt to fill in this gap.