Phillip Baumann and Kevin Sturm
The goal of this paper is to give a comprehensive and short review on how to compute the first- and second-order topological derivatives and potentially higher-order topological…
Abstract
Purpose
The goal of this paper is to give a comprehensive and short review on how to compute the first- and second-order topological derivatives and potentially higher-order topological derivatives for partial differential equation (PDE) constrained shape functionals.
Design/methodology/approach
The authors employ the adjoint and averaged adjoint variable within the Lagrangian framework and compare three different adjoint-based methods to compute higher-order topological derivatives. To illustrate the methodology proposed in this paper, the authors then apply the methods to a linear elasticity model.
Findings
The authors compute the first- and second-order topological derivatives of the linear elasticity model for various shape functionals in dimension two and three using Amstutz' method, the averaged adjoint method and Delfour's method.
Originality/value
In contrast to other contributions regarding this subject, the authors not only compute the first- and second-order topological derivatives, but additionally give some insight on various methods and compare their applicability and efficiency with respect to the underlying problem formulation.
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Ashish Kumar, Vikas Srivastava, Mosab I. Tabash and Divyanshi Chawda
The purpose of this study is to empirically investigate the variables having an impact on profitability of public private partnerships (PPPs) in India using a balanced panel data…
Abstract
Purpose
The purpose of this study is to empirically investigate the variables having an impact on profitability of public private partnerships (PPPs) in India using a balanced panel data of 171 unlisted PPPs from different infrastructure sectors such as road, power generation, real estate and ports.
Design/methodology/approach
Estimations were done using Arellano–Bond dynamic panel data estimation and seemingly unrelated regression models on a balanced panel data of 855 firm-years for 171 unlisted PPPs in India. To further test the estimation robustness, panel-corrected standard errors model was used.
Findings
The study findings indicate that in firm-specific factors, leverage, size, non-debt tax shield, growth and risk have significant positive impact on PPPs’ profitability, whereas in macroeconomic factors, only inflation has significant positive relationship. Although the relationship of all determinants is in sync with various theories and approaches, but these are not significant. Using the robustness test, the results are found to be robust and consistent with resource-based view and strategy-structure-performance approaches.
Practical implications
As PPPs are gaining prominence in the development of infrastructural resources, their profitability is of significant importance to drive private investments in infrastructure development, the identification of factors which determine profitability is critical for researchers, practitioners, policymakers and fund providers such as equity investors and debt providers.
Originality/value
The empirical literature on profitability determinants is focused on various sectors including small and mid-size enterprises (SMEs) and micro firms, but to the best of the authors’ knowledge, this is the first study, in both developed and developing economies, to empirically investigate the determinants of profitability for PPPs.
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Olufemi Gbenga Onatunji, Oluwayemisi Kadijat Adeleke and Akintoye Victor Adejumo
This study reinvestigates the validity of the Phillips curve in Nigeria for the period 1980–2020 by considering the asymmetric nexus between unemployment and inflation.
Abstract
Purpose
This study reinvestigates the validity of the Phillips curve in Nigeria for the period 1980–2020 by considering the asymmetric nexus between unemployment and inflation.
Design/methodology/approach
The nonlinear autoregressive distributed lag (NARDL) technique was used to decompose the unemployment variable into two components: tight and loosened labour markets.
Findings
The empirical outcome shows that unemployment has a significant negative effect on inflation when the labour market is tight and a weakly negative and significant effect on inflation when the labour market is loose. The study confirms an asymmetric Phillips curve in Nigeria since the positive (tight) unemployment rate exerts a greater effect on inflation than the negative (loosened) unemployment rate.
Practical implications
The findings of this study have important implications for implementing monetary policy in Nigeria.
Originality/value
To the best of the authors’ knowledge, this is the first study to investigate the existence of a nonlinear Phillip curve in Nigeria.
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Jaekyung Ha, Stine Grodal and Ezra W. Zuckerman Sivan
Our prior work has identified a trade-off that new entrants face in obtaining favorable market reception, whereby initial entrants suffer from a deficit of legitimacy whereas…
Abstract
Our prior work has identified a trade-off that new entrants face in obtaining favorable market reception, whereby initial entrants suffer from a deficit of legitimacy whereas later entrants suffer from a deficit of authenticity. This research has also proposed that a single mechanism is responsible for this trade-off: the tendency for customers and other stakeholders to assess the entrant's claim to originality based on the visible work that it has done to legitimate the new product or organizational form. This chapter extends and deepens our understanding of such “legitimation work” by showing how it can illuminate cases that seem in the first instance to defy this trade-off. In particular, we focus on two “off-diagonal” cases: (a) when, as in the case of “patent trolls” and fraudulent innovators, early entrants are viewed as inauthentic despite having a credible claim to originality; (b) when late entrants, as in the case of Dell Computers, mechanical watches and baseball ballparks, are viewed as authentic despite obviously not being the originators. We clarify how each off-diagonal case represents an ‘exception that proves the rule’ whereby audiences attribute authenticity on the basis of legitimation work rather than on the order of entry per se. The last case also leads to an opportunity to clarify why “cultural appropriation” can sometimes project authenticity and sometimes inauthenticity, why audiences bother to make inferences about a producer's authenticity on the basis of visible legitimation work, and why legitimacy is a universal goal of early movers whereas authenticity varies in its importance.
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André Spicer, Pınar Cankurtaran and Michael B. Beverland
Consecration is the process by which producers in creative fields become canonized as “greats.” However, is this the end of the story? Research on consecration focuses on the…
Abstract
Consecration is the process by which producers in creative fields become canonized as “greats.” However, is this the end of the story? Research on consecration focuses on the drivers of consecration but pays little attention to the post-consecration period. Furthermore, the research ignores the dynamics of consecration. To address these gaps, we examine the changing fortunes of a consecrated artist – the musician Phil Collins. We identify the ways in which three actors (fans, critics, and peers) assemble for consecration, disassemble for deconsecration, and reassemble for reconsecration. Examining the changing public image and commercial fortunes of Collins as a solo artist between 1980 and 2020, we identify an N-shaped process of rise-fall-rise that we call the Phil Collins Effect. This effect offers a new way of thinking about how cultural producers gain, lose and regain status in their fields.
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Hannah Meacham, Jillian Cavanagh, Timothy Bartram and Katharina Spaeth
Vicente Lima Crisóstomo, Priscila de Azevedo Prudêncio and Hyane Correia Forte
The objective of this paper is to assess the degree of adherence to the Global Reporting Initiative (GRI) by organizations from all over the world, as well as the quality of…
Abstract
The objective of this paper is to assess the degree of adherence to the Global Reporting Initiative (GRI) by organizations from all over the world, as well as the quality of corporate social responsibility (CSR) reports under the institutional and legitimacy theoretical frameworks. Content analysis was conducted on annual data from all organizations that used GRI as a means for disclosing CSR information. Descriptive analyses and tests for the difference in proportions have been processed. The whole set of organizations adhering to GRI, from 1999 to 2013, has been analyzed. Results signal an increasing adherence to GRI together with an improvement in the quality of reports, which indicates that GRI seems to be recognized as relevant to CSR disclosure. The publication of integrated reports has increased rapidly. The high proportion of organizations adhering to GRI from OECD countries and continents with more advanced economies signals that the institutional and legal environment may contribute to CSR reporting and its quality. The high adherence of business organizations may indicate that GRI is seen as contributing to value creation and to legitimacy and reputational concerns. After 15 years of GRI as a means of disseminating social and sustainability information, GRI has become an important data source for CSR research. By providing results from the whole set of organizations adhering to GRI in the period 1999–2013, the paper contributes to the literature on CSR disclosure as well as builds on the institutional and legitimacy theories.
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Empirical studies reveal Black male student-athletes have both positive and negative experiences on predominantly White college and university campuses. Mindful also of race-based…
Abstract
Empirical studies reveal Black male student-athletes have both positive and negative experiences on predominantly White college and university campuses. Mindful also of race-based stereotypic beliefs about Black male student-athletes in collegiate sports, these phenomena warrant further discourse and scrutiny. Critical race theory is a race-centered theoretical and analytical framework that has shaped discourse on race and racism in intercollegiate athletics in recent years. Discourse in this chapter is therefore grounded in the narrative of critical race theory and focuses primarily on the academic and athletic plight of Black male student-athletes matriculating at predominantly White colleges and universities with National Collegiate Athletic Association affiliation.