title: The return to initial public offerings: A Sino-Indian comparison

authors: Locke, Stuart

subjects: IPO returns

abstract: The ability of entrepreneurs and other promoters of start-up businesses to exit through an initial public offering is an important component of a mature capital market. The returns on initial public offerings (IPOs) on the Shanghai and Bombay stock exchanges over a 14-year period to May 2007 are analysed in this paper. Consideration is given to the medium to longer-term returns accruing to the new listings. The focus is not on initial subscribers' gains or losses on listing but rather on the extent to which new listings continue and generate at least normal returns. The two emerging economies considered have differing political, legal and economic systems and exhibit significantly different return patterns.

text: The return to initial public offerings: A Sino-Indian comparison The ability of entrepreneurs and other promoters of start-up businesses to exit through an initial public offering is an important component of a mature capital market. The returns on initial public offerings (IPOs) on the Shanghai and Bombay stock exchanges over a 14-year period to May 2007 are analysed in this paper. Consideration is given to the medium to longer-term returns accruing to the new listings. The focus is not on initial subscribers' gains or losses on listing but rather on the extent to which new listings continue and generate at least normal returns. The two emerging economies considered have differing political, legal and economic systems and exhibit significantly different return patterns.

year: 2009

title: Evolving genres in online domains: the hybrid genre of the participatory news article

authors: Bruce, Ian

subjects: text

abstract: The genre modelling and research presented in this chapter originate from the sub-branch of Applied Linguistics concerned with theorising and designing courses for the teaching of academic literacy skills. Specifically, a model previously employed in the analysis of academic genres [13– 18] is used here as a basis for examining the particular web genre of an online news article followed by postings of reader comments – termed here a participatory news article. The chapter first provides an overview of approaches to the categorisation of texts in terms of genres, referring to a number of landmark studies and publications and considering some of the key difficulties in establishing systematic and comprehensive models that are able to account for all of the types of knowledge that writers and readers draw upon in order to identify and ratify a text as belonging to a particular genre category.

text: Evolving genres in online domains: the hybrid genre of the participatory news article The genre modelling and research presented in this chapter originate from the sub-branch of Applied Linguistics concerned with theorising and designing courses for the teaching of academic literacy skills. Specifically, a model previously employed in the analysis of academic genres [13– 18] is used here as a basis for examining the particular web genre of an online news article followed by postings of reader comments – termed here a participatory news article. The chapter first provides an overview of approaches to the categorisation of texts in terms of genres, referring to a number of landmark studies and publications and considering some of the key difficulties in establishing systematic and comprehensive models that are able to account for all of the types of knowledge that writers and readers draw upon in order to identify and ratify a text as belonging to a particular genre category.

year: 2011

title: The Determinants of Tribal Population Growth in the New Zealand Census

authors: Rarere, Moana

subjects: tribal population growth

abstract: By the early twentieth century the notion that ethnic populations would dissipate was a commonly held belief.  However, after World War II, the modern world has seen an incredible resurgence in ethnic identities.  Ethnic conflicts, mobilisations, and the political movements of the 1950s and 1960s served as a major catalyst in the diffusion of indigenous identities and rights.  Consequently, indigenous groups in settler states, especially in North America, experienced population growth beyond the levels of natural demographic factors, that is, fertility, mortality and migration.  Researchers attributed a significant proportion of this growth to changing patterns of ethnic identification, also referred to as ethnic mobility .  Although this phenomenon is well documented in North America, it is only just beginning to be understood in relation to the New Zealand context. 

During the 1970s and 1980s, the indigenous Māori population of New Zealand gained substantial progress in political, social and economic spheres, following the same patterns of ethnic identity growth as in North America.  Despite these gains, the average individual socio-economic outcomes for Māori remain poor, especially in comparison to New Zealand Europeans/Pākehā.  Through key legislation, iwi (tribal) organisations became the core mechanism in which to address Māori socio-economic issues, achieve Māori aspirations and to manage Treaty of Waitangi settlement monies.  Subsequently, the need for iwi statistics for policy and planning purposes saw the reinstatement of iwi data in the New Zealand census in 1991.  Surprisingly, however, very little attention has been given to contemporary patterns of iwi demography.

Since the 1991 census, observations of total iwi population growth patterns indicate these patterns cannot solely be explained by natural demographic factors.  Furthermore, the growth trajectories of individual iwi were markedly different, and in some cases erratic.  These initial observations have raised the following key research questions: What do patterns of iwi growth look like?  What is the role of ethnic mobility?  What factors drive ethnic mobility?  Who changes iwi identification?  Why should we care?  

This thesis examines patterns of iwi identification in the New Zealand Census of Population and Dwellings from 1991 to 2006.  It uses statistical methods to not only document iwi population changes but to also identify the key determinants driving these trajectories.  In addition, this thesis considers ethnic mobility as an important driver of population growth but, situates this within the broader macro-political environment.  Along with the analysis of aggregate iwi population changes, this thesis also provides an in-depth analysis of four iwi groups – Ngāi Tahu, Waikato, Ngāti Awa and Tūhoe, in order to observe individual iwi dynamics that are not clearly visible at the aggregate level.

The findings of this thesis raise important implications for theories of ethnicity and the demographic study of ethnic populations.  For example, this thesis argues that the category of ethnic mobility is mainly contextual, that is, decisions to change ethnic responses are influenced by the broader political, social and economic contexts.  Furthermore this thesis contends that individual ethnic identification decisions are for the most part defined by ethnic categories imposed by the State.  While traditional views suggest ethnicity is fixed, intrinsic and kinship based, this thesis finds significant support for contemporary views that argue ethnicity is fluid, extrinsic and socially constructed.  Rather than reject traditional views of Maori identity, this study recognises that ethnic identities are complex, and that shifts in iwi identification is about connecting and reconnecting with whakapapa.  Thus this thesis argues that in order to understand individual iwi dynamics both points of view need to be considered.

text: The Determinants of Tribal Population Growth in the New Zealand Census By the early twentieth century the notion that ethnic populations would dissipate was a commonly held belief.  However, after World War II, the modern world has seen an incredible resurgence in ethnic identities.  Ethnic conflicts, mobilisations, and the political movements of the 1950s and 1960s served as a major catalyst in the diffusion of indigenous identities and rights.  Consequently, indigenous groups in settler states, especially in North America, experienced population growth beyond the levels of natural demographic factors, that is, fertility, mortality and migration.  Researchers attributed a significant proportion of this growth to changing patterns of ethnic identification, also referred to as ethnic mobility .  Although this phenomenon is well documented in North America, it is only just beginning to be understood in relation to the New Zealand context. 

During the 1970s and 1980s, the indigenous Māori population of New Zealand gained substantial progress in political, social and economic spheres, following the same patterns of ethnic identity growth as in North America.  Despite these gains, the average individual socio-economic outcomes for Māori remain poor, especially in comparison to New Zealand Europeans/Pākehā.  Through key legislation, iwi (tribal) organisations became the core mechanism in which to address Māori socio-economic issues, achieve Māori aspirations and to manage Treaty of Waitangi settlement monies.  Subsequently, the need for iwi statistics for policy and planning purposes saw the reinstatement of iwi data in the New Zealand census in 1991.  Surprisingly, however, very little attention has been given to contemporary patterns of iwi demography.

Since the 1991 census, observations of total iwi population growth patterns indicate these patterns cannot solely be explained by natural demographic factors.  Furthermore, the growth trajectories of individual iwi were markedly different, and in some cases erratic.  These initial observations have raised the following key research questions: What do patterns of iwi growth look like?  What is the role of ethnic mobility?  What factors drive ethnic mobility?  Who changes iwi identification?  Why should we care?  

This thesis examines patterns of iwi identification in the New Zealand Census of Population and Dwellings from 1991 to 2006.  It uses statistical methods to not only document iwi population changes but to also identify the key determinants driving these trajectories.  In addition, this thesis considers ethnic mobility as an important driver of population growth but, situates this within the broader macro-political environment.  Along with the analysis of aggregate iwi population changes, this thesis also provides an in-depth analysis of four iwi groups – Ngāi Tahu, Waikato, Ngāti Awa and Tūhoe, in order to observe individual iwi dynamics that are not clearly visible at the aggregate level.

The findings of this thesis raise important implications for theories of ethnicity and the demographic study of ethnic populations.  For example, this thesis argues that the category of ethnic mobility is mainly contextual, that is, decisions to change ethnic responses are influenced by the broader political, social and economic contexts.  Furthermore this thesis contends that individual ethnic identification decisions are for the most part defined by ethnic categories imposed by the State.  While traditional views suggest ethnicity is fixed, intrinsic and kinship based, this thesis finds significant support for contemporary views that argue ethnicity is fluid, extrinsic and socially constructed.  Rather than reject traditional views of Maori identity, this study recognises that ethnic identities are complex, and that shifts in iwi identification is about connecting and reconnecting with whakapapa.  Thus this thesis argues that in order to understand individual iwi dynamics both points of view need to be considered.

year: 2012