Information that might be helpful to those who are considering thedesirability of teaching competency‐based management education (CBME) ispresented. The underlying assumptions of…
Abstract
Information that might be helpful to those who are considering the desirability of teaching competency‐based management education (CBME) is presented. The underlying assumptions of CBME are identified, its emergence is placed in a broader educational context, three major views of managerial competencies are discussed and several practical CBME implementation issues are raised.
Details
Keywords
In 1967, Robert N. Bellah famously argued that there existed an “American Civil Religion,” which was distinct from churchly religion and captured the “transcendental” dimension of…
Abstract
In 1967, Robert N. Bellah famously argued that there existed an “American Civil Religion,” which was distinct from churchly religion and captured the “transcendental” dimension of the American project. In this chapter, I revisit the civil religion concept and reconstruct it along more Weberian lines. Specifically, I argue that the civil religion tradition is one of three competing traditions for thinking about the proper relationship between religion and politics in America; the other two are religious nationalism and liberal secularism. Whereas liberal secularism envisions a complete separation of the religious and political value spheres, and religious nationalism longs for their (re)unification, civil religion aims for a mediating position of partial separation and productive tension. Following Bellah, I argue that the two central strands of the civil religion tradition have been covenant theology and civic republicanism. The body of the chapter sketches out the development of the tradition across a series of national foundings and refoundings, focusing on the writings of leading civil theologians from John Winthrop and John Adams through Abraham Lincoln and John Dewey to Martin King and Barack Obama. The conclusion advances a normative argument for American civil religion – and against liberal secularism and religious nationalism. I contend that liberalism is highly inclusive but insufficiently solidaristic; that religious nationalism is highly solidaristic but insufficiently inclusive; and that only civil religion strikes a proper balance between individual autonomy and the common good.
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
Details
Keywords
Seeks to explore the boundaries of managerial competence and takesas its point of departure the distinction between competence andmeta‐competence. The Management Charter…
Abstract
Seeks to explore the boundaries of managerial competence and takes as its point of departure the distinction between competence and meta‐competence. The Management Charter Initiative (MCI) defines competence as the ability to perform effectively and suggests that competence is the outcome of using knowledge and skills appropriately. The concept of management is problematic and the process of management is difficult to separate from its context. Burgoyne has used the term meta‐competence to distinguish the higher‐order abilities which have to do with being able to learn, adapt, anticipate and create. The concept of competence as used in the MCI is illustrated in the equation: knowledge + skills = competence. Suggests that a distinction could usefully be drawn between managerial processes which are competence based and those which are based on meta‐competences. Presents a number of typologies of knowledge and relates these to the concept of meta‐competence. Examines knowledge in relation to judgment, intuition and acumen.
Details
Keywords
The result leaves the party with only two federal parliamentary seats in Australia’s second-biggest city. It followed heavy losses in state elections in New South Wales and…
Details
DOI: 10.1108/OXAN-DB278249
ISSN: 2633-304X
Keywords
Geographic
Topical
Andros Gregoriou and Robert Hudson
We examine the impact of market frictions in the form of trading costs on investor average holding periods for stocks in the S&P global 1200 index to examine constraints on…
Abstract
Purpose
We examine the impact of market frictions in the form of trading costs on investor average holding periods for stocks in the S&P global 1200 index to examine constraints on international portfolio diversification.
Design/methodology/approach
We determine whether it is appropriate to pool stocks listed in the USA, Canada, Latin America, Europe, Japan, Asia and Australia into investigations using the same empirical specification. This is very important because the pooled effects may not provide consistent estimates of the average.
Findings
We report overwhelming econometric evidence that it is not valid to pool stocks in all the underlying regional equity indices for our investigation, indicating that the effect of frictions varies between markets.
Research limitations/implications
When we pool the stocks within markets, we discover that for companies listed in the USA, Europe, Canada and Australia, market frictions do not significantly influence holding periods and hence are not a barrier to portfolio rebalancing. However, companies listed in Latin America and Asia face market frictions, which are significant in terms of increasing holding periods.
Practical implications
We ascertain that taking into account the properties of stock markets in different geographical locations is vital for understanding the limits on achieving international portfolio diversification.
Originality/value
Unlike prior research, we overcome the problems caused by contemporaneous correlation, endogeneity and joint determination of investor average holding periods and trading costs by employing the Generalized Method of Moments (GMM) system panel estimator. This makes our empirical estimates robust and more reliable than the previous empirical research in this area.