bluuebunny/crossref_metadata_2025_split huggingface dataset:
Competitive business advantages in the era of Unified SuperConvergence
Authors: Bonometti Robert J. 
Published: July 2009

PurposeThe purpose of this paper is to examine opportunities for businesses to derive competitive advantages from broadband wireless products and services in the coming era of Unified SuperConvergence.Design/methodology/approachUnified SuperConvergence is defined as a term of art that extends the concept of digital convergence in several ways that are discussed in the paper. Six major technology domains are identified as being highly important elements of this future era, and recent works are referenced to establish technology benchmarks for each domain. Examples of technologies and discussion of their potential usage in business operations are provided.FindingsImplications of future wireless products and services are discussed from the perspectives of generic business operations as well as for three representative vertical industry segments. The main conclusion to be derived from the discussion in this paper is that the necessary interdependent and underlying enabling technologies and standards are now in place, and market forces are primed and ready to fuel explosive growth in wireless products and services for mobile business applications.Research limitations/implicationsAlthough an extensive set of over 200 references and resources are cited in the discussion of the six enabling technology domains, this set is not exhaustive and could be extended.Practical implicationsThe arena of Unified SuperConvergence represents highly fertile ground for near‐term competitive advantages to be exploited by business firms.Originality/valueThis paper defines a new term of art, Unified SuperConvergence, and discusses six major enabling technology domains that underlie it. An extensive set of literature references is provided to document and extend the foundations for ideas discussed in the paper, as well as to help stimulate and turbo‐charge the reader's thinking about where mobility technologies are taking us, and how businesses can exploit the tremendous opportunities that the future era of Unified SuperConvergence will provide.
Location strategy for competitiveness of special economic zones
Authors: Dhingra Tarun , Singh Tripti , Sinha Ambalika 
Published: July 2009

PurposeThe purpose of this paper is to develop a framework for the firms located inside special economic zones (SEZs) in India and to assess the effect of location on competitiveness of the firm.Design/methodology/approachA literature review is done to identify the variables and intermediate variables including sub‐variables which affect the location competitiveness of the firm that leads to superior firm performance. Literature support for all the variables in the framework is discussed to establish a logical sequence.FindingsHypotheses are formulated in a sequential framework to draw relationships between location of a firm in an SEZ as latent function, intermediate functions, and superior firm performance as a dependent function.Research limitations/implicationsThis developed framework is yet to be empirically tested. Such a paper can be applied in manufacturing industries located in an SEZ.Practical implicationsLocation competitiveness is an important strategic decision for industries. The paper on location strategy for competitiveness of SEZs helps in identifying a framework including various prepositions that lead to superior firm performance.Originality/valueThe value of the paper lies in its attempt to propose a relationship between firm location and its effect on firm competitiveness. The approach emphasizes multiple interrelationships between sets of variables and also suggests a quantitative research methodology, i.e. structured equation model, to test empirically.
National standards strategy: public/private cooperation for global competitiveness
Authors: Hemphill Thomas A. 
Published: July 2009

PurposeEstablishing timely national product design standards is an important cooperative activity capable of capturing economic benefits from having the national product design standard adopted for global commerce. The purpose of this paper is to undertake an exploratory analysis of five global economic powers' – Canada, Germany, Japan, the UK, and the USA – national standards strategy (NSS), comparing them for commonality in institutional standards setting policy approaches, i.e. there should be a general “convergence” in specific NSS policy initiatives among similar, economically developed countries.Design/methodology/approachThe five national standards strategies are evaluated for distinctive policy initiatives, with common policy initiatives combined, resulting in 18 distinctive policy initiatives found among the surveyed population. Each national standard strategy is then compared to the 18 policy initiatives, with commonality recorded.FindingsContrary to any preconception that economies considered comparable in economic development would tend to converge around similar NSS policy initiatives, the evidence reveals there is less harmonization (the results show convergence is overwhelmingly in the moderate/low categories – 14 policy initiatives, or 77.8 percent), with initial evidence indicating that the degree of public or private institutional involvement in technology standards setting may affect the types of policy initiatives included in a NSS.Research limitations/implicationsThe paper is exploratory in nature, with only five nation‐states in the survey.Practical implicationsThe paper provides insight into: the strength of a country's NSS versus a competitor nation; and public and private sector development of the national innovation system.Originality/valueThe paper offers an exploratory evaluation of harmonization of NSS across countries and its significance to the national innovation system and global competitiveness.
Airline alliances
Authors: Saglietto Laurence 
Published: July 2009

PurposeThe purpose of this paper is to present global airline alliances from a complementary and original angle to the existing works: “specific social networks”. “Social” as it is an inter‐organisational network through business relations between airline companies and “specific” as these are formal relations of contractual types (joint marketing, code sharing agreements, etc.).Design/methodology/approachIt is an empirical study, about cooperation agreements between global regular airlines, over a time period of six years from Airline Business Review database. The graph theory is used to measure social network and graphics representation for illustrations.FindingsThe results show that there is a real process of social embeddedness correlated to the airline alliances members' experiences. Their structuring as networks varies in time following a life cycle and their specific morphologies affect their performance.Practical implicationsThe paper proposes numerous measures to approach the structure of airline alliances and graphics representations to illustrate networks.Originality/valueThe paper draws a synthesis from the morphology and morphogenesis of airline alliances, proposing thereby some of their structural properties which have an impact on their competitiveness.
Engaging embedded information
Authors: Thompson Michael P. , Jensen Robert J. , DeTienne Kristen 
Published: July 2009

PurposeThe purpose of this paper is to propose a model of knowledge transfer that takes into account both the perspective of the sender and the perspective of the receiver, with an emphasis on the latter. The contention is that, although externalizing knowledge residing in an individual or group and making it accessible to others either through direct communication or embedding information in the organizational system is a necessary component of knowledge transfer, it is not the only component. An equal, but understudied, share of the knowledge transfer effort takes place when the receiver of the knowledge engages with it, internalizing it and making it usable for the receiver as well.Design/methodology/approachThe paper first defines knowledge from a pragmatic, organizational perspective. Second, it presents the model. Finally, it evaluates the current direction of knowledge transfer studies in light of the main tenets of the model.FindingsEngagement of information is a necessary step before knowledge can be effectively transferred to a receiver. Engagement is defined as an act whereby the receiver of the information actively uses the information by applying it to specific tasks.Practical implicationsCompanies should be aware that there is a tendency to under‐invest in engagement and over‐invest in embedding information.Originality/valueThe model differs from current models in that it proposes that in virtually no case is the interplay a zero sum game. In most cases, investing more in embedding information requires investing more in engaging the information.
Post‐loan credit risk: an analysis of small business in southern Arkansas
Authors: Casey K. Michael , Selwyn Ellis T. , Linn Gary , Griffin Ken 
Published: July 2009

PurposeThe purpose of this paper is to identify pre‐loan factors that ultimately impact post‐loan risk ratings of small business in southern Arkansas.Design/methodology/approachOrdinary least squares linear regression analysis is conducted on small business data to determine which factors contribute to higher post‐loan credit risk ratings.FindingsBusinesses with records of loan repayment and personal financial assets at stake are more likely to be assigned better credit risk ratings. Additional analysis indicates that businesses with no past due collections or judgments, having good trade references, a profitable business, and not operating in a volatile industry are much more likely to result in loans ultimately receiving good post‐loan performance marks and lower risk ratings.Research limitations/implicationsThis paper has a small sample of firms in a historically economically depressed region. While the relevant factors seem intuitive they may not apply to other regions and/or larger businesses.Practical implicationsResults of this paper may be interesting to loan officers of banks and other lenders, particularly in this region given the current financial crisis.Originality/valueThis paper is the first to analyze actual data from small businesses in southern Arkansas. The results may help the organizations attempting to aid economic development in this region.
Ignoring the lessons for effective prudential supervision, failed bank resolution and depositor protection
Authors: Garcia Gillian G.H. 
Published: July 2009

PurposeThe purpose of this paper is to establish three sets of principles – the first for effective prudential supervision of financial institutions; the second for the timely resolution of failed institutions and the management of financial crises; and the third for the successful protection of deposits. It also aims to show how these principles have been eschewed, especially in the USA and the UK.Design/methodology/approachThe first set of principles and examples of their violation are determined from material loss reviews conducted by agency inspectors general, government reports, and academic research. The second set of principles is derived from International Monetary Fund practice and research; violations are those reported in government reports, published research, and press articles. The third set of principles is chosen from those proposed by the Basel Committee on Banking Supervision and the International Association of Deposit Insurers. Violations are those reported in academic and practitioner research and the press.FindingsMany of the three sets of principles have been ignored in the current financial crisis.Research limitations/implicationsExperience in previous crises has shown that eschewing these principles delays the resolution of individual failed institutions, increases resolutions costs, and delays the recover from the crisis. If the legal and regulatory system is to be reformed appropriately to prevent a recurrence, future research must discover the reasons why the principles have not been followed.Originality/valueThe paper assembles three sets of principles and instances where they have been violated in order to help policymakers, practitioners and researchers to focus on where and what reforms are needed to prevent a recurrence of the current severe financial crisis.
A new standard for deposit insurance and government guarantees after the crisis
Authors: Campbell Andrew , Raymond LaBrosse John , Mayes David G. , Singh Dalvinder 
Published: July 2009

PurposeThe purpose of this paper is to explore the arrangements that have been used in the present crisis and their relative success and to look to the post‐crisis situation.Design/methodology/approachThe paper examines and explains the crisis and the roles of deposit insurance and government guarantees. It deals with coverage, funding, institutional structure, speed of payout, incentives, accountability and, in particular, considers how such systems should function in a world of cross‐border institutions.FindingsThe paper suggests how such principles and standards should be set either through International Association of Deposit Insurers or some more efficient means to complement an international approach to financial stability being addressed by the Basel institutions.Originality/valueThere is no widely accepted standard over what the reformed financial system safety net should look like with respect to the protection of deposits and the wider guaranteeing of creditors and other stakeholders. This paper, therefore, makes an attempt to fill that gap.
Bankruptcy and reorganization procedures for cross‐border banks in the EU
Authors: Garcia Gillian G.H. , Lastra Rosa M. , Nieto María J. 
Published: July 2009

PurposeThe purpose of this paper is to examine the complexities of reorganizing and/or liquidating troubled banks under the European Union's (EU) current institutional framework as it is defined by its directives and by national supervisory, remedial, and insolvency practices.Design/methodology/approachThe paper compares provisions of different EU directives that impact financial institutions and summarizes national remedial practices.FindingsThe paper documents the diversity that currently exists among national supervisory, remedial and failure resolution practices for banks. It also assesses the economic efficiency of the institutional framework for resolving problem banks that is defined by the Reorganization and Winding‐up Directive and identifies components of the directive that can hamper efficient cross‐border resolutions.Research limitations/implicationsThere is a deficiency in publicly available information on EU member countries' practices for disciplining and resolving troubled banks.Practical implicationsThe paper assesses issues/conditions that can hamper efficient cross‐border resolutions – issues on which policymakers should focus when they reform the current framework. It also explores areas of coordination with other EU directives that deal with financial crisis management that are relevant in the current financial crisis.Originality/valueThe paper makes policy recommendations for reforming the EU's current institutional framework for resolving troubled banks.
Special bank resolution and shareholders' rights: balancing competing interests
Authors: Hüpkes Eva 
Published: July 2009

PurposeAn effective bank resolution regime requires taking action while the bank still has positive net worth and shareholder claims still have economic value. Such actions raise a number of legal issues with respect to the rights of shareholders. This paper aims to consider how to strike a balance between the need to protect the legitimate rights of shareholders and the need for a prompt and rapid action and a failure resolution mechanism that minimizes disruptions to the financial system and preserves market discipline.Design/methodology/approachThe paper examines the nature of the shareholders' rights and the legal protection afforded to them. In the European context, the relevant sources of law are the European Convention on Human Rights and the applicable community legislation. It considers different options for resolution within this framework ranging from a pre‐packaged resolution decided by the shareholders ex ante to the outright divestiture of the shareholders once certain regulatory thresholds are breached while the bank still has positive net worth.FindingsThe curtailment of shareholder rights should seek to generate appropriate incentives for shareholders and other stakeholder and achieve broad objectives of enhancing predictability and maintaining public goods, while at the same time providing for due process, proportionality and adequate compensation.Practical implicationsThe paper presents options on how to reform existing frameworks in order to facilitate bank restructurings in a crisis.Originality/valueThe paper discusses key elements that policy makers need to consider in the design of a regulatory framework for early intervention and resolution.
Retail depositors, conduct of business and sanctioning
Authors: Cartwright Peter 
Published: July 2009

PurposeThe purpose of this paper is to consider whether a move from self‐regulation in the form of the Banking Code to statutory regulation by the Financial Services Authority (FSA) of retail banking conduct of business is to be supported.Design/methodology/approachThe paper begins by examining the nature of the self‐regulatory process and then considers its strengths and weaknesses in the context of the Banking Code. It then looks at the changes proposed by the FSA. Focusing in particular on the issue of enforcement, the paper contrasts the powers of the Banking Code Standards Board and the FSA.FindingsThe paper concludes that, while a move to statutory regulation is to be supported, there is concern about whether such a move will bring the benefits that might have been expected.Practical implicationsMore attention needs to be paid to the ways that different forms of regulation operate in practice, with empirical research particularly valuable.Originality/valueThe paper adds to the (relatively brief ) literature on consumer protection in banking, and the even briefer body of research on self‐regulation.
The role of the Fannie Mae/Freddie Mac duopoly in the American housing market
Authors: Reiss David 
Published: July 2009

PurposeThe purpose of this paper is to provide a brief introduction to the role of the Fannie Mae/ Freddie Mac duopoly in the American housing market.Design/methodology/approachFirst, the paper defines the “government sponsored enterprise,” which is the type of hybrid public/private entity that Fannie and Freddie are and provides an introduction to the other significant government sponsored enterprises. It then explains what Fannie and Freddie do in the American mortgage market and provides a brief history of how the two companies developed. Finally, it evaluates the two companies as duopolists in the conforming mortgage market.FindingsThe paper concludes by suggesting that the current financial crisis presents an opportunity to rethink whether the Fannie/Freddie duopoly continues to serve the public interest.Research limitations/implicationsBecause of its length, the paper does not review alternative approaches to the status quo that the US Government can take to ensure that it has a stable federal housing finance policy.Practical implicationsThe paper argues that the current financial crisis provides an opportunity to revisit the design of the structure of the US housing finance market.Originality/valueThe paper sets forth the rationale and legal basis for characterizing Fannie Mae and Freddie Mac as duopolists.
FSA challenge in Court of Appeal to finding of Financial Services and Markets Tribunal on question of whether solicitors' firm had contravened financial promotion regime
Authors: Gray Joanna 
Published: July 2009

PurposeThe purpose of this paper is to look at a recent Financial Services Authority (FSA) challenge in the Court of Appeal to finding of Financial Services and Markets Tribunal on question of whether solicitors' firm had contravened financial promotion regime (FSA v. Fox Hayes: Court of Appeal (civil division): Lord Justice Longmore, Lord Justice Wilson, Lord Justice Lawrence Collins).Design/methodology/approachExamines the FSA's various grounds for appeal and what was an appropriate level of penalty.FindingsProvides the court of appeal's decisions on point of law in relation to three issues.Originality/valueThis paper will be of interest to regulated firms who fear the consequences of regulatory liability for breaches of FSA rules.
Banks governance and public‐private partnership in preventing and confronting organized crime, corruption and terrorism financing
Authors: Hardouin Patrick 
Published: July 2009

PurposeThe financial sector is critical for the effectiveness of the fight against organized crime, corruption and terrorism. The purpose of this paper is to discuss principles of governance of the sector and the complexity of the activities targeted. Its aim focuses on the need for public‐private partnership.Design/methodology/approachThe paper is based on a definition of the strategic situation of the financial sector, a review of basics of its governance at global and firms levels and an analysis of activities targeted. It discusses global harmonization versus local diversity; know your customer principle, separation of the compliance function, definition of risks; difficulties of investigation, facets of organized crime, “follow the money” principle and terrorism; size of terrorist and organized crime money, money laundering and terrorist financing; chain of terrorist financing (sourcing, moving including reverse money‐laundering and Hawala, storing, using funds); relationship between organized crime and terrorism; complementary roles of informal and legal channels. This leads to the definition of the role of states and of the financial industry and of their cooperation.FindingsA public‐private partnership is needed, based on anti‐terrorism networking and a strategy for cooperation aiming at reinforcing national and private capabilities with respect and adaptation of the legal framework.Research limitations/implicationsBased on an in‐depth investigation of terrorism financing and links with organized crime, the paper does not investigate corruption finances.Practical implicationsThe paper gives a design of the practical content of a strategy for public‐private cooperation.Originality/valueThe paper provides banks and public agencies with an integrated analysis of the need for public‐private partnership and of its content.
Uncertainties collide: lawyers and money laundering, terrorist finance regulation
Authors: Michelle Gallant M. 
Published: July 2009

PurposeThe purpose of this paper is to demonstrate the tentative, highly contingent nature of the contemporary press to impose stringent anti‐criminal finance regulatory obligations onto Canadian legal counsel.Design/methodology/approachThe approach used in this work is to bring together problems associated with different areas of the anti‐criminal finance project in order to demonstrate how these problems compound in the context of the fusion of Canadian lawyers and anti‐criminal finance regulation. It draws chiefly on Canadian law and Canadian and international scholarship.FindingsThis paper shows that the tasking of Canadian legal counsel with additional regulatory burdens continues the pattern of developing legal strategies without paying sufficient attention to the actual results that the strategies produce.Practical implicationsThis paper suggests that any continued construction of an anti‐criminal finance apparatus should be accompanied by enhanced study of its actual ability to generate results.Originality/valueMost investigations of anti‐criminal finance developments assume the effectiveness of a strategy focused on detecting and intercepting resources linked to crime. Rather than assume its effectiveness, this paper demonstrates that an extraordinarily level of uncertainty animates that development.