Research into rural entrepreneurship continues to expand, albeit slowly. A common theme in the literature is the creation of value and its extraction from the environment. Rural…
Abstract
Research into rural entrepreneurship continues to expand, albeit slowly. A common theme in the literature is the creation of value and its extraction from the environment. Rural entrepreneurship potentially covers a wide gamut of activity including the illegal. Also studies into agricultural entrepreneurship particularly traditional accounts of “rurality” tend to emphasise the rural idyll. Most studies tend to concentrate on the application of entrepreneurial theory to issues of rurality and as such exist on the margins of entrepreneurship research – being primarily studies into rurality and not entrepreneurship per se. Rarely do such studies impinge on issues of illegal enterprise that shatter this rural idyll. As a consequence, rural and farming rogues have been neglected as subjects of research. Yet, in the present perceived climate of economic decline in agricultural income, extracting value from the environment can be difficult and can give rise to illegal enterprise in the countryside as well as an increase in the prevalence of farming rogues. The case story, presented in this paper relates to one such illegal enterprise, namely the illegal slaughter of sheep for the Muslim “halal” market, known to those in the know as the smokies trade. Using the case story methodology this paper explores an issue of contemporary illegal enterprise in the countryside telling an important story that is otherwise difficult to evidence empirically.
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Electronic technology has been one of the main factors in determining the present structure of the banking system of most developed countries. The applications of technology and…
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Electronic technology has been one of the main factors in determining the present structure of the banking system of most developed countries. The applications of technology and its impact on bank operations from the 1950s is traced to the present day, showing how advanced technology has been applied much faster in wholesale than in retail banking. The changing role of bank marketing and how technology has affected its development are discussed.
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Capital adequacy appraisal has received growing emphasis as a central problem in modern bank risk management. Over the past decade significant UK bank management resources have…
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Capital adequacy appraisal has received growing emphasis as a central problem in modern bank risk management. Over the past decade significant UK bank management resources have been devoted to this problem; in the USA capital adequacy has been an important issue since the widespread banking collapse of the Great Depression.
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Cash flow management and liquidity control have assumed greater importance in a climate where business failure is often precipitated by inadequate or uncertain cash‐flow…
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Cash flow management and liquidity control have assumed greater importance in a climate where business failure is often precipitated by inadequate or uncertain cash‐flow generation. Financial Futures is a technique which may improve both corporate cash flow management and profitability.
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James R. Barth, Daniel E. Nolle and Tara N. Rice
The purpose of this paper is to compare and contrast the structure, regulation, and performance of banks in the EU and G‐10 countries. This enables one to identify any significant…
Abstract
The purpose of this paper is to compare and contrast the structure, regulation, and performance of banks in the EU and G‐10 countries. This enables one to identify any significant differences in the structure of banking in the nineteen separate countries comprising these two groups. The regulatory, supervisory, and deposit‐insurance environment in which banks operate in each of these countries is also compared and contrasted. This enables one to identify any significant differences in the regulatory environment that may help explain the structure of banking in the various countries. Beyond this, the effect of the overall structural and regulatory environment on individual bank performance is investigated in order to evaluate the appropriateness of existing regulations in individual countries and any proposals for reforming them. Hence, an exploratory empirical analysis based upon a sample of banks in the different countries is conducted to assess the effect of the different “regulatory regimes” on the performance of individual banks, controlling for various bank‐specific and country‐specific factors that may also affect bank performance. In this way, the paper attempts to contribute to an assessment of the appropriate balance between market and regulatory discipline to ensure that banks have sufficient opportunities to compete prudently and profitability in a competitive and global financial marketplace. In the process of conducting such an assessment, the paper necessarily provides information as to whether the U.S. is “out‐of‐step” with banking developments in other industrial countries.
John S. Jahera and David A. Whidbee
The global banking environment is experiencing significant change as regulatory and geographical barriers to competition are reduced. As these barriers are removed, greater…
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The global banking environment is experiencing significant change as regulatory and geographical barriers to competition are reduced. As these barriers are removed, greater integration of banking services is developing throughout the world affecting the performance and structure of banking institutions. This research examines the stock returns and volatility of stock returns for a sample of banks in the United States, Europe, Canada and Japan. The general focus is to identify factors influencing the return and risk and to examine cross‐country differences in these factors. The results suggest that while size does not affect return volatility for any of the categories of banks, it does affect returns for banks in Japan, the U.S. and other non‐universal banking systems. Likewise, the investment in fixed assets appears consistently to adversely affect returns. A number of differences are found across country borders and across type of institutions (i.e. universal versus non‐universal banks).
Purpose – The purpose of this study is to reveal a missing chapter of Australian Aboriginal history. Jack Johnson is known as the first black Heavyweight…
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Purpose – The purpose of this study is to reveal a missing chapter of Australian Aboriginal history. Jack Johnson is known as the first black Heavyweight Champion of the world but little is known of his inspiration to many oppressed groups around the globe including Aboriginal Australia. Johnson was flamboyant, outspoken and deeply proud of his heritage.
Design/methodology/approach – This chapter is undertaken as restorative history and examines the interconnected international networks of cultural exchange operational in the early decades of the twentieth century. It privileges the tools of historical narrative (story) as a major method, and is based largely on historical newspapers sources’. Press coverage can provide fascinating insight into historical characters and can deliver their voice and thoughts at the time, and newspapers remain important in forming public opinion.
Findings – Jack Johnson would become one of many influences from the international Black Diaspora upon Aboriginal Australia across the twentieth century.
Originality/value – John Maynard’s work on Jack Johnson (Maynard, J. (2003). Vision, Voice and Influence – The rise of the Australian Aboriginal Progressive Association. Australian Historical Studies, 121(April), 91–105, 2005, 2007) and more recently Theresa Runstedtler’s study (2012) has uncovered transnational links of Jack Johnson to many oppressed groups globally including Aboriginal Australia. This current study places Johnson’s impact upon Aboriginal Australia at the forefront of a shift and awakening awareness of Aboriginal Australians of their global political and racial challenges.
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Many on‐farm‐processed products frequently command a premium price, characterised as they are by unique sensory properties and image. Examines the nature of consumer judgements…
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Many on‐farm‐processed products frequently command a premium price, characterised as they are by unique sensory properties and image. Examines the nature of consumer judgements about product quality for farmhouse Cheddar cheeses based on utilities derived from the product attributes, and the trade‐off against price. Determines key Cheddar cheese attributes through in‐depth interviews with specialist cheese consumers and employs conjoint analysis to estimate the utilities associated with these attributes based on a wider choice‐experiment survey of farmhouse Cheddar consumers. A “price sensitivity meter” technique was used to establish acceptable price ranges as perceived by the latter group. Results from market simulations suggest that the consumer price sensitivity for farmhouse cheese is likely to be low. The analysis also revealed that those attributes associated with the traditional characteristics of farmhouse Cheddar have the highest utilities and that any characteristics similar to industrial Cheddar were largely unattractive to the consumers of farmhouse cheese.
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DONCASTER'S new Central Library was formally opened on 29th December 1969 on precisely the 100th anniversary of the opening of the first public library in Doncaster. Conforming to…
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DONCASTER'S new Central Library was formally opened on 29th December 1969 on precisely the 100th anniversary of the opening of the first public library in Doncaster. Conforming to tradition, the Library was opened by the Mayor of Doncaster, Councillor Marcus Outwin. The President of the Library Association, Mr. Wilfred Ashworth, addressed the assembled guests, his last official appointment before relinquishing the office.