bluuebunny/crossref_metadata_2025_split huggingface dataset:
Impact of regulatory changes on government bond market liquidity
Authors: Blommestein Hans 
Published: June 2017

Purpose
The purpose of this study is to assess the seriousness of the impact of new regulatory factors on liquidity in government bond markets since the onset of the global financial crisis.

Design/methodology/approach
Questionnaires were circulated for examining the adverse impact of regulatory changes on liquidity. New evidence was presented about the adverse impact of the process of regulatory changes on market liquidity.

Findings
The paper presents new survey results on the adverse liquidity impact of regulations on market liquidity. Responses show that government issuers differ in their assessment on the severity of the impact of the various regulations. Determining this longer-term impact is quite complex because measures of liquidity may not only reflect the impact of regulatory changes, but also the responses by policymakers and market participants (to these regulatory changes), covering in particular the following: market transparency, trading practices, market infrastructure and other policies to promote liquidity, including by reducing unconventional monetary policy measures. Also, market dynamics may have become more complex due to responses by market participants.

Practical implications
Debt managers need to take into account regulations with a significant adverse influence on both market liquidity and the price discovery process. As liquidity in government bond markets also has a direct impact on funding possibilities and financing costs, funding liquidity may also be affected, especially during periods with market stress. This means that the funding strategy may need to be adapted.

Originality/value
The paper presents new survey results on the impact of new regulations on market liquidity. This assessment is quite complex because measures of longer-term liquidity may reflect the impact of regulatory changes and the responses by policymakers and market participants to these changes.
Recent changes in US regulation of large foreign banking organizations
Authors: Wall Larry D. 
Published: June 2017

Purpose
This paper aims to highlight some of the more important changes in US prudential regulation and their implications for the operation of large foreign banking organizations (FBOs) in the USA.

Design/methodology/approach
This paper begins with a summary of the regulatory status of FBOs prior to the crisis. It then discusses developments during the US financial crisis of 2007-2009 that motivated stricter US prudential regulation. The third part discusses some major post-crisis changes in prudential regulation. Finally, the paper considers two areas where important changes in US rules could not be applied in a straightforward manner to FBOs: non-bank financial subsidiaries and branches and agencies.

Findings
Most of the regulatory changes will enhance US financial stability, albeit in some cases at the cost of weakening FBOs consolidated risk management. However, a few of the regulatory changes have given foreign branches and agencies a significant competitive advantage in US money markets.

Originality/value
The paper provides an integrated analysis of both the why and the what of changes in US regulation with some discussion of the economic consequences.
Has regulatory reform been misdirected?
Authors: Goodhart Charles 
Published: June 2017

Purpose
The purpose of this paper is to provide a provocative and critical introduction and solutions to significant contemporary issues of financial regulation.

Design/methodology/approach
The paper is an expert’s review of contemporary issues and challenges in financial regulation.

Findings
The paper advocates that contemporary financial regulation challenges are addressed through governance reforms and an enhanced focus on maturity transformation, rather than a focus on just capital and liquidity management. In particular, more emphasis should be given to individual decision-makers within banks rather than institutions.

Practical implications
The review paper considers areas where future regulatory reform may be enhanced and redirected.

Originality/value
The review provides original and critical perspectives on contemporary regulatory challenges.
Effectiveness and channels of macroprudential policies: lessons from the Euro area
Authors: Zhang Yuanyan , Tressel Thierry 
Published: June 2017

PurposeThe design of a macro-prudential framework and its interaction with monetary policy has been at the forefront of the policy agenda since the global financial crisis. However, most advanced economies (AEs) have little experience using macroprudential policies. As a result, relatively little is known empirically about macroprudential instruments’ effectiveness in mitigating systemic risks in these countries, about their channels of transmission, and about how these instruments would interact with monetary policy. This paper aims to fill in the gap.Design/methodology/approachThe authors develop a new approach using the euro area bank lending survey to assess the effectiveness of macro-prudential policies in containing credit growth and house price appreciation in mortgage markets. Estimation is performed under the panel regressions (OLS, GLS) and panel VAR setup. Endogeneity issues arising from measures of macro-prudential policies are addressed by introducing GMM estimation and various instruments.FindingsThe authors find instruments targeting the cost of bank capital most effective in slowing down mortgage credit growth, and that the impact is transmitted mainly through price margins, the same banking channel as monetary policy. Limits on loan-to-value ratios are also effective, especially when monetary policy is excessively loose.Originality/valueWith limited data on macroprudential policy measures in the AEs, this paper proposed a new methodology of using answers from bank lending survey as proxies to assess the effectiveness of specific macroprudential measures and their transmission channels.
Constructing a balanced view of profit structure in grocery retailing
Authors: Choi Pilsik 
Published: June 2017

Purpose
The purposes of this paper are to propose a different profitability metric (i.e. anchor category profits) at the category level based on the concept of anchor categories and to illustrate how such a metric can be calculated in field settings to offer a balanced view of profit structure from both the accounting and marketing perspectives.

Design/methodology/approach
First, the concept of anchor categories is developed drawing on anchor effects theory and automatic cognitive processing theory. Based on anchor categories, this paper proposes a formula for calculating anchor category profits. Using the data collected with a survey instrument, this paper calculates accounting profits and anchor category profits for two grocery stores.

Findings
The intra-store analysis of accounting profits and anchor category profits reveals that the two profit measures project different profit contribution patterns by product categories for each store. The inter-store analysis provides quite different, yet useful information about profit structures for the two grocery stores. Although the two stores are similar in terms of accounting profits, their anchor category profits show different pictures regarding profit contribution patters by product categories between the two stores, revealing that different categories attract customers to different stores.

Practical/implications
Comparing accounting profits and anchor category profits allows retail managers to identify traffic generator categories and cash generator categories, which helps retail managers develop more effective category management to increase storewide profits.

Originality value
This paper increases understanding of the relationship between product categories and store choice behavior by offering a theoretical rationale to explain why some product categories influence consumers’ store choice. This paper also proposes anchor category profits as a more implementation-friendly category-level profitability metric that combines accounting principles with consumers’ shopping trip planning behavior.
Consumer evaluation of ingredient branding strategy
Authors: Dalman M. Deniz , Puranam Kartikeya 
Published: June 2017

Purpose
Prior research in ingredient branding (IB) has identified several important decision variables consumers use when evaluating IB alliances. This exploratory research aims to investigate the relationship between these variables and consumers’ buying likelihood of the IB alliance and the relative importance of these variables for low- vs high-involvement product categories.

Design/methodology/approach
A study with the participation of 458 mTurkers was conducted and the data were analyzed using random forests.

Findings
Findings reveal relative importance of different variables for an IB alliance and that these differ for low- vs high-involvement categories.

Research limitations/implications
Being exploratory in nature, this research has several limitations, such as using only one high- and one low-involvement categories.

Practical implications
Results of this research will help brand managers as they make decisions entering an IB alliance as well as with investing their budget on different aspects of their brand, and tailoring their marketing activities for low- vs high-involvement product categories.

Originality/value
To the best of authors’ knowledge, this paper is the first to discuss the relative importance of different decision variables in an IB context empirically.
The effect of human IT capability on organizational agility: an empirical analysis
Authors: Panda Sukanya , Rath Santanu Kumar 
Published: June 2017

Purpose
The purpose of this study underpins investigation of the impact of human IT capabilities (comprising business functions, interpersonal management and technology management expertise) on organizational agility (in terms of sensing and responding agilities). The moderating influence of IT infrastructure spending on this human IT–agility linkage is also thoroughly investigated.

Design/methodology/approach
Primary data collected from 300 IT personnel working in various publicly owned banking groups functioning across India are used for this study and structural equation modeling (SEM) is used to assess the human IT–agility link.

Findings
The two-fold research findings highlight the following: first, human IT capabilities enable both the sensing and responding components of agility and second, firms need to focus on translating huge and impudent IT investments into building superior capabilities to effectively shape agility.

Originality/value
This study greatly contributes to the information system (IS) literature by examining human IT capability and agility in terms of second-order constructs and provides a more holistic and comprehensive understanding of this unique relationship. The study precisely investigates the manner in which distinct human IT capability dimensions interact with both types of agilities along with the moderating effect of IT spending on this linkage.
Challenges and difficulties of technology commercialization − a mixed-methods study of an industrial development organization
Authors: Khalil Zadeh Neda , Khalilzadeh Mohammad , Mozafari Mehrdad , Vasei Morteza , Amoei Ojaki Ali 
Published: June 2017

PurposeThis paper aims to reveal the challenges and problems of technology commercialization in an industrial development organization in Iran.Design/methodology/approachTo achieve the objective of this paper, a mixed-methods case study was used. Initially, 15 in-depth interviews with technology commercialization experts were conducted and 43 themes were extracted as problems of technology commercialization. The outcomes of the interviews informed the development of the questionnaire. Subsequently, a survey of 205 experts was performed to examine the responses obtained from the interviews. The main problems were identified through exploratory factor analysis and evaluated through confirmatory factor analysis.FindingsSeven factors are identified as the main difficulties of technology commercialization, including weakness in the commercialization process, challenges of the business environment, weak organizational structure, inefficient project management, ineffective cooperation with non-governmental sectors, failure to collaborate with stakeholders and conflicting political behaviors.Practical implicationsThe outcomes of this research inform the organization’s managers of the poor conditions and barriers of the technology commercialization process. The findings also help managers to overcome the challenges that are under the control of the organization.Originality/valueThis paper contributes to the knowledge on technology commercialization by exploring the main factors that form barriers to and difficulties of technology commercialization in an industrial development organization and suggesting appropriate solutions.
Illicit Drug Delivery Via Administration of Human Blood
Authors: Labay Laura M. , Catanese Charles A. 
Published: June 2017

AbstractThe physiological, psychological, and social consequences associated with illicit drug use are well documented. In addition to the effects directly related to the drug(s), the delivery mechanism can precipitate other serious health conditions. A case is reported where an individual stopped by law enforcement was discovered to be in possession of a vial containing a red‐colored fluid, which the person stated was blood and contained fentanyl. Analysis by headspace GC, ELISA, and LC‐TOF/MS screening in with mass spectral confirmation revealed the presence of several substances, including ethanol, methamphetamine, amphetamine, MDA, 6‐monoacetylmorphine, codeine, morphine, alprazolam, delta‐9 THC, ephedrine, pseudoephedrine, and norpseudoephedrine; serology testing verified the fluid was consistent with human blood. Methamphetamine was present at a dosage form amount (11 mg). The purpose of this study was to detail the analytical findings, interpret their meaning, and discuss the public health concerns associated with the drug delivery by the administration of human blood.
Linking Soil Erosion to Instream Dissolved Phosphorus Cycling and Periphyton Growth
Authors: Brennan R.B. , Scott J.T. , Sharpley A.N. , Lally H.T. , Jarvie H.P. , Bowes M.J. , Haggard B.E. , Gbur E. 
Published: June 2017

AbstractPhosphorus (P) is a limiting nutrient in freshwater systems and when present in runoff from agricultural lands or urban centers may contribute to excessive periphyton growth. In this study, we examined the link between soil erosion and delivery of eroded soil to streams during flow events, and the impact of that freshly deposited soil on dissolved reactive P (DRP) concentrations and periphyton growth under baseflow conditions when the risk of stream eutrophication is greatest. A microcosm experiment was designed to simulate the release of P from soil which had been amended with different amounts of P fertilizer to overlying water during baseflow conditions. Unglazed tiles, inoculated for five days in a second order stream, were incubated for seven days in microcosms containing soil with eight levels of soil Mehlich‐3 plant available phosphorus (M3P) ranging from 20 to 679 mg/kg M3P. Microcosm DRP was monitored. Following incubation tiles were scraped and the periphyton analyzed for chlorophylla. Microcosm DRP concentrations increased with increasing soil M3P and equilibrium phosphorus concentration (EPC0). Relationships between M3P, EPC0, and DRP were nonlinear and increases in soil M3P and/or DRP had a greater impact on biomass accumulation when these parameters were above threshold values of 30 mg/kg M3P and 0.125 mg/L DRP. Significantly, this ecological threshold corresponds to the agronomic thresholds above which increased soil M3P does not increase plant response.
Effective doses and standardised risk factors from paediatric diagnostic medical radiation exposures: Information for radiation risk communication
Authors: Bibbo Giovanni 
Published: June 2017

AbstractIntroductionIn the paediatric medical radiation setting, there is no consistency on the radiation risk information conveyed to the consumer (patient/carer). Each communicator may convey different information about the level of risk for the same radiation procedure, leaving the consumer confused and frustrated. There is a need to standardise risks resulting from medical radiation exposures. In this study, paediatric radiographic, fluoroscopic, CT and nuclear medicine examination data have been analysed to provide (i) effective doses and radiation induced cancer risk factors from common radiological and nuclear medicine diagnostic procedures in standardised formats, (ii) awareness of the difficulties that may be encountered in communicating risks to the layperson, and (iii) an overview of the deleterious effects of ionising radiation so that the risk communicator can convey with confidence the risks resulting from medical radiation exposures.MethodsPaediatric patient dose data from general radiographic, computed tomography, fluoroscopic and nuclear medicine databases have been analysed in age groups 0 to <5 years, 5 to <10 years, 10 to <15 years and 15 to <18 years to determine standardised risk factors.ResultsMean, minimum and maximum effective doses and the corresponding mean lifetime risks for general radiographic, fluoroscopic, CT and nuclear medicine examinations for different age groups have been calculated. For all examinations, the mean lifetime cancer induction risk is provided in three formats: statistical, fraction and category.ConclusionStandardised risk factors for different radiological and nuclear medicine examinations and an overview of the deleterious effects of ionising radiation and the difficulties encountered in communicating the risks should facilitate risk communication to the patient/carer.
Minimal preparation CT: A literature review of a minimally invasive imaging technique for colorectal cancer in a frail, aged population
Authors: Csillag Andrew D , Quirk Anna R , Chan Michael V , Ridley Lloyd J 
Published: June 2017

SummaryColorectal cancer (CRC) is a common malignancy with increased incidence in the elderly. When CRC is suspected, patients are typically evaluated with optical colonoscopy (OC) or CT Colonography (CTC). Unfortunately, in the frail and elderly patient, these investigations can be difficult to perform and are often not tolerated. Minimal preparation computed tomography (MPCT) is a CT technique to evaluate the colon. Although protocols vary, typically, no preparation is required apart from administration of oral contrast for faecal tagging. The patient is scanned in the supine position only and without colonic insufflation. The study is reserved for ‘old‐old’ frail patients with clinically suspected CRC who cannot tolerate or have failed OC or CTC. In the context of an ageing population, MPCT provides a simple, minimally invasive, readily available and well‐tolerated test that is able to demonstrate clinically relevant disease. We review the literature on MPCT and discuss the benefits and limitations of this investigation.
Pharmacological stress, rest perfusion and delayed enhancement cardiac magnetic resonance identifies very early cardiac involvement in systemic sclerosis patients of recent onset
Authors: Giacomelli Roberto , Di Cesare Ernesto , Cipriani Paola , Ruscitti Piero , Di Sibio Alessandra , Liakouli Vasiliki , Gennarelli Antonio , Carubbi Francesco , Splendiani Alessandra , Berardicurti Onorina , Di Benedetto Paola , Ciccia Francesco , Guggino Giuliana , Radchenko Ganna , Triolo Giovanni , Masciocchi Carlo 
Published: June 2017

AbstractObjectiveTo evaluate occult cardiac involvement in asymptomatic systemic sclerosis (SSc) patients by pharmacological stress, rest perfusion and delayed enhancement cardiac magnetic resonance (CMR), for a very early identification of patients at higher risk of cardiac‐related mortality.MethodsSixteen consecutive patients with definite SSc, fulfilling the American College of Rheumatology/European League Against Rheumatism 2013 classification criteria in less than 1 year from the onset of Raynaud's phenomenon, underwent pharmacological stress, rest perfusion and delayed enhancement CMR. At enrollment, no patient showed signs and/or symptoms suggestive for cardiac involvement. No patient showed traditional cardiovascular risk factors. Both the 12‐lead electrocardiogram examination and echocardiographic evaluation did not show any alterations in our cohort.ResultsStress perfusion defects of left ventricle were detected in six out of 16 (37.5%) patients and these defects did not match with the coronary flow distribution. The results showed the presence of two different patterns of stress perfusion defects: sub‐endocardial and/or a midmyocardial. The presence of stress perfusion defects did not correlate with any clinical feature of enrolled patients.ConclusionMyocardial stress perfusion defects may be detected early by pharmacological stress perfusion CMR, a reliable and sensitive technique for the noninvasive evaluation of SSc heart disease, in patients with SSc of recent onset. These defects seem to be independent from traditional risk factors and associated comorbidities, suggesting they are a specific hallmark of the disease.
Spontaneous pneumomediastinum in a dermatomyositis patient with anti‐melanoma differentiation‐associated gene‐5 antibody and interstitial lung disease despite an initial response to immunosuppressant
Authors: Chan Chiu Wai Shirley , Chung Ho Yin , Lau Chak Sing , Tsang Helen H. L. 
Published: June 2017

AbstractWe report a 24‐year‐old man with anti‐melanoma differentiation‐associated gene‐5 (MDA5) antibody‐positive dermatomyositis (DM) and interstitial lung disease (ILD) who developed spontaneous pneumomediastinum. By comparing serial thoracic high‐resolution computed tomography scans, we demonstrated the distinct time course showing a paradoxical occurrence of pneumomediastinum despite a radiological improvement of ILD. Our case shows that pneumomediastinum in DM can occur regardless of associated ILD and it is a serious complication that should be considered in DM patients presenting with pulmonary manifestations. Cutaneous vasculopathy may be associated with pneumomediastinum and could potentially be a useful indicator of future disease.