Some of the trades covered in the book are well known but most are only known to a small group or to market specialists. The ability to 'see into' actual trades offers a fascinating and unprecedented insight for those interested in the oil markets and gives the book broad appeal. The book can be used as an educational reference work by market participants and as a more general guide to how the crude oil market operates and the strategies that traders employ. There are very academic books about the theory of trading but nothing that directly covers real-life examples of innovative and winning trades, each of which illuminate a different aspect of trading or a different era in the oil markets. The presentation of each individual trade has been designed so that they can be used as case studies by business schools.

The book conducts a comparative study on the form of enterprise, focusing on broadly defined cooperative firms in comparison with conventional capitalist firms. It explores the essential advantages and disadvantages of the different types of firms and attempts to answer why capitalist firms are so prevalent in our economy.

The book attempts to explain these questions from the viewpoint of "market failure" in the framework of standard microeconomic theory. In this analytical framework, it proposes an alternative system of business organization based upon consumer cooperatives and the market for their memberships, which can coexist consistently with the system of capitalist firms and the stock market within a single market economy.

The existing studies of the cooperative sector have been rather ideological. The analytical framework that is presented in this book helps promote scientific exploration of cooperative and other types of firms, which are indispensable and potentially promising constituents of our society.

The recent financial and economic crisis has spurred a lot of interest among scholars and public audience. Strangely enough, the impact of the crisis on innovation has been largely underestimated. This books can be regarded as a complementary reading for those interested in the effect of the crisis with a particular focus on Europe.

This book focuses on the importance of geography and space in explaining knowledge flows, entrepreneurship and innovation. During the last few decades spatial perspectives have enjoyed a growing attention outside the specific discipline of geography both in academic economics and among practitioners of policy and planning. This book constitutes a selection of empirical contributions based on data from Canada, the Netherlands, Sweden, Switzerland and the United Kingdom. The studies address issues of the characteristics of intra- vs. interregional knowledge flows (Weterings and Ponds), the restructural process when a large pharmaceutical (Pharmacia) closes activities (Dahlgren and Valentin), the different structure of university-industry relationships in three countries with differential types of universities (Brostr?m, McKelvey and Sandstr?m), the locational organization of knowledge-intensive business services (KIBS) in a metropolitan region (Shearmur and Doloreux), the background of individuals in KIBS start-ups (Andersson and Hellerstedt) and give a critical scrutiny of attempts to create Regional Innovation Systems (Nuur, Gustavsson and Laestadius).
The contributions thus address relevant contemporary issues regarding the structure of the service economy, the role of academia, and renewal of industries. They provide valuable information, useful to policy-makers, planners and academics.

Japan's economy is invariably seen as a prime example of a capitalist system, and a consideration of the elements upon which the Japanese economy is founded seems to lead inexorably to the conclusion that Japan is an established member of the group of highly developed capitalist nations. Yet a country's internal mechanisms can differ markedly from the system as perceived externally. Although not yet widely recognized, a new kind of economic system has developed in Japan, a system that differs greatly from traditional capitalism. The author of this book has observed Japanese industry from the inside. He provides detailed explanations of the unique features of the new corporate system and how it differs from the system of orthodox capitalistic corporations.

This comprehensive book synthesizes research from the past 50 years of innovation studies, addressing the main elements and providing a connected perspective on innovation within organizations. It explores the generation and adoption of both technological and nontechnological innovations, offering a coherent and systematic view of the process. Fariborz Damanpour examines innovation activity and internal mechanisms and processes in both business and nonbusiness organizations, providing an overview of key concepts, terms, and theory. Insights from behavioral, economic, and structure-based perspectives are used to explain existing findings and help the reader navigate current research on the management of innovation, as well as offering ideas and frameworks to guide new studies. Organizational Innovation will be an invaluable resource for researchers and graduate-level students of management and organization studies, particularly those working on the management of innovation and technology. It will also prove useful to educators in the field as a reference work for students.

The Covid, climate and cost of living crises all hang heavy in the air. It's more obvious than ever that we need radical social and political change. But in the vacuum left by defeated labour movements, where should we begin? For longtime workplace activist Ian Allinson, the answer is clear: organising at work is essential to rebuild working-class power. The premise is simple: organising builds confidence, capacity and collective power - and with power we can win change. Workers Can Win is an essential, practical guide for rank-and-file workers and union activists. Drawing on more than 20 years of organising experience, Allinson combines practical techniques with an analysis of the theory and politics of organising and unions. The book offers insight into tried and tested methods for effective organising. It deals with tactics and strategies, and addresses some of the roots of conflict, common problems with unions and the resistance of management to worker organising. As a 101 guide to workplace organising with politically radical horizons, Workers Can Win is destined to become an essential tool for workplace struggles in the years to come.

This book presents a comprehensive overview of the key topics, best practices, future opportunities and challenges in the Digital Marketing discourse. With contributions from world-renowned experts, the book covers: * Big Data, Artificial Intelligence and Analytics in Digital Marketing * Emerging technologies and how they can enhance User Experience * How 'digital' is changing servicescapes * Issues surrounding ethics and privacy * Current and future issues surrounding Social Media * Key considerations for the future of Digital Marketing * Case studies and examples from real-life organisations Unique in its rigorous, research-driven and accessible approach to the subject of Digital Marketing, this text is valuable supplementary reading for advanced undergraduate and postgraduate students studying Digital and Social Media Marketing, Customer Experience Management, Digital Analytics and Digital Transformation.

The spread of the manufacturing industry is an important part of economic development, creating jobs, new products and trade and investment links between countries. Understanding this process is an important part of understanding how countries develop and how they are affected by current globalization. The economic geography of the world has been changing significantly in the last few decades with old established industrial centres in the developed countries in decline, and new centres emerging in countries that were once thought of as poor and still developing. However, this process has been very uneven with some parts of the developing world still largely non-industrial.

This book aims to explain this process from the perspective of developing countries. It charts current trends in industrial development drawing on available statistics and explores different perspectives on the role the manufacturing industry can play.

The book covers topics including:

• aspects of trade policy as they affect industry
• the international rules of the World Trade Organisation
• the network of links between firms in different parts of the world economy.

Separate chapters examine:

• the special role of small firms and of technology in industrialisation
• government policy towards the encouragement of industry, drawing particularly on the experience of economies in East Asia (the original Asian Tigers)
• recent developments in China and India and their implications for other countries.

The book draws on simple concepts of economic theory but avoids a technical mathematical approach and should be accessible to a wide audience. It extends and updates the author 's earlier work on industrialisation published by Routledge (Industry in Developing Countries, 1990 and Industrialisation and Globalisation, 2002) and aims to present a comprehensive overview of these important contemporary issues. The book is suitable for both undergraduate and graduate level courses, but will also be invaluable to professionals working in development.

Precarious employment presents a monumental challenge to the social, economic, and political stability of labour markets in industrialized societies and there is widespread consensus that its growth is contributing to a series of common social inequalities, especially along the lines of gender and citizenship.

The editors argue that these inequalities are evident at the national level across industrialized countries, as well as at the regional level within federal societies, such as Canada, Germany, the United States, and Australia and in the European Union. This book brings together contributions addressing this issue which include case studies exploring the size, nature, and dynamics of precarious employment in different industrialized countries and chapters examining conceptual and methodological challenges in the study of precarious employment in comparative perspective.

The collection aims to yield new ways of understanding, conceptualizing, measuring, and responding, via public policy and other means ? such as new forms of union organization and community organizing at multiple scales ? to the forces driving labour market insecurity.

After years of near ?disrepute? in official circles, Industrial Policy has made something of a comeback over the last few years and is now very much back on the agenda at national and EU levels, driven by concerns over globalisation, deindustrialisation, unemployment and perceived poor growth in the EU. Simultaneously, the European Commission's Fourth Report on Economic and Social Cohesion has kicked off the debate over challenges to cohesion, the shape of EU Cohesion policy beyond 2013, and how resources should be managed. This debate will find added momentum with the imminent ?mid-term? review being launched by the Commission. Discussions over the success or not of the Lisbon Agenda, on-going debates over cluster policies, and recent developments in policy evaluation have also contributed to a burgeoning academic literature over the last eighteen months. This edited volume is especially pertinent given such developments and pulls together a diverse range of contributions from leading authorities in the field to add to these debates and to illustrate connections between them.

This book was published as a special issue of Policy Studies.

The Progressive Era was among the most volatile times for the economy and labor in American History. Daniel E. Saros explores the institutional and economic conditions of this time, revealing new insight into the regulated nature of industry and the conditions of labor. Using the steel industry as a case study, Saros demonstrates how the United States Steel Corporation enhanced the performance of the steel industry by initiating a price and wage stabilization program. In an effort to combat potential threats from the federal government, the American public, and organized labor to the market stabilization program and mechanization drive, the steel companies introduced a paternalistic welfare program, company unions, and limited hours reform. Saros also contrasts this time with free market periods, examining the impacts on rates of profit, output growth, and capital accumulation.

In this timely volume on newly emerging financial markets and investment strategies, Arvin Ghosh explores the intriguing topic of initial public offerings (IPOs) of securities. Before the 2000-2001 market turndown, hardly a week went by when more than a few companies did not become public, either in the organized stock exchange or in the Over the Counter (OTC) market. In the technology-heavy Nasdaq market, IPOs were crucial for that market's new growth, as Internet stocks supplied key momentum to the market. In the so-called "New Economy" of the 1990s, it was the ubiquitous IPO that ushered in the world's information technology revolution.

Ghosh sets out to examine the pricing and financial performance of IPOs in the United States during the period of 1990-2001. He discusses the rise and fall of IPOs in the preceding decade and explores the IPO process from the start of the prospectus to the end of the "quiet period" and aftermarket stabilization. Ghosh analyzes the deceptive underpricing, or "flipping," of Internet IPOs, the long-run performance of IPOs both in the New York Stock Exchange and in the Nasdaq markets, and the role of underwriters as market makers. Finally, Ghosh discusses the accuracy of analysts' earnings forecasts.

This project summarizes the recent revival of the IPO market and its place in capital formation, as well as the latest developments in the realm of United States IPOs. This work brings forth the true nature and consequences of the recent IPO phenomenon. It is a fascinating financial read and must-have for anyone involved in finance.

""Pricing and Performance of Initial Public Offerings" in the United States is a timely discussion of newly emerging financial markets and investment strategies ...] it is primarily a scholarly text and financial historiography, not a how-to investment guide, yet the lessons and conclusions it draws from past IPOs surely point the way to insight concerning their future." --"The Wisconsin Bookwatch"

"Arvin Ghosh" is a professor in the Department of Economics, Finance, and Global Business at William Paterson University in Wayne, New Jersey. He is author of "Capital Structure and Firm Performance" (Transaction).

Shipbuilding in the United Kingdom provides a systematic historical account of the British Shipbuilders Corporation, first looking at this major industry under private enterprise, then under state control, and finally back in private hands. The chapters trace the evolution of public policy regarding shipbuilding, ship repair, and large marine engine building through the tenures of radically different Labour and Conservative governments, and through the response of the board of the British Shipbuilders Corporation, trade unions, and local management also. The book benefits from comprehensive archival research and interviews from the 1990s with leading players in the industry, as well as politicians, shipbuilders, trade union leaders, and senior civil servants. This authoritative monograph is a valuable resource for advanced students and researchers across the fields of business history, economic history, industrial history, labour history, maritime history, and British history.

The last few decades have seen significant changes in the structure of business organizations, including downsizing, outsourcing and flattened management structures. The effects on employees have been considerable. In this context the importance of the psychological contract between employer and employee has been overlooked, and there is uncertainty about what can be done to bring about changes to this contract and ultimately the future of organizations. This important book considers the psychological aspects of organizational life, particularly in the context of firms' ethical behaviour and its implications for corporate social responsibility. The authors consider the effects of corporate activity and change on individuals, not just in their working lives, but also in their family and social lives. They address a diverse number of topics from a variety of theoretical standpoints in an ongoing attempt to redress this neglected field of research.

The co-operators of Hebden Bridge were to producer co-operation what the Rochdale Pioneers were to consumer co-operation - pioneers. Driven by a desire to create their own employment under their own control, weavers, cutters and machinists at the Nutclough fustian mill developed a successful business in a small Pennine town. At its peak it employed over 300 women and men. It ran for almost fifty years, each year profitable. Creating a new way of working wasn't always easy. There were discussions about sharing the rewards of the business, and on how much power those who provided the capital should be given. How should governance be structured and what was appropriate management? Should the mill produce quality products or poorer goods that sold better? Hebden Bridge's fustian co-operative contributed leaders to the national co-operative movement and to the emerging movement for workers' education. Its central figure Joseph Greenwood was involved in the creation of the International Co-operative Alliance. Women associated with the co-operative set up in Hebden Bridge the first branch of the Women's Co-operative Guild in the country. This richly researched and engrossing account of a worker-run business is the first significant study of early producer co-operatives in Britain for over a century. The lessons learned in Hebden Bridge are still relevant today for all who seek to find new ways of working and alternative forms of business.

This comprehensive reference work gives an overview of the industrial development and current state of industrialization and deindustrialization in Asia, specifically Southeast Asia and China. It introduces typologies of industrial policies and discusses the manufacturing sector and its evolving role in the region. Designing Integrated Industrial Policies examines the integration of SMEs in global value chains and provides macro-econometric and firm-based micro-econometric analyses of (de)industrialization. This book will be a very useful reference particularly as a how-to guide on industrial promotion and designing integrated industrial policies not only for economic growth and job creation but also for "inclusive" development. It presents country cases and illustrates useful tools for industrial policy simulation and for evidence-based policy making through these concrete examples.

In this book W. O. Henderson has brought together in English translation the journals of four foreign visitors who travelled in England and Scotland in the years immediately following the Napoleonic wars, in a way which may be regarded as a sequel to his recent book on J. C. Fischers diaries of industrial Britain.
Two of the travellers whose journals are included in this volume were Swiss industrialists. Hans Caspar Escher was both a professional architect and the founder of the famous engineering firm of Esther Wyss of Zurich, Bodmer, also of Zurich, lived in England for many years and was recognised as an inventor of genius. The other accounts of industrial Britain in the Regency era are a report by the Prussian Factory Commissioner May and a short survey of the Newcastle upon Tyne colliery railways by the French government engineer Louis de Gallois. The four diaries show how informed foreign visitors were impressed by the way in which Britain had survived the perils of Napoleons Continental System and was now forging ahead to consolidate her position as the workshop of the world. This book was first published in 1968.

Combined experience of well-regarded academic and professional author who has a long and illustrious career in the region Broad market across growing Australian construction sector, over 11000 students in any one year plus professionals starting careers Includes case studies, discussion questions, online support materials

In economics, the voluntary sector is surprisingly understudied. In order to fully understand economics, unpaid and voluntary work needs to be taken into account and afforded the same status as paid activities. This book constitutes a rigorous economic analysis with special emphasis on gender issues and covers every conceivable angle of unpaid work and all its ramifications for the modern economy. The unified vision offered by this group of leading contributors ensures this book is a work of excellent quality. There is every chance it will become a seminal study on unpaid work and as such will provide a useful reference for students and academics involved in gender studies, econometrics, and consumption studies.

In order to work effectively with Russian organizations, it is essential for potential Western partners and shareholders to fully understand their leadership style, organizational practices and business expectations. Based on extensive interviews with the pioneers of Russian business and the authors' own experiences, this perceptive new book attempts to decipher the enigma of Russia's new generation of business leaders. The authors present six in-depth case studies focusing on companies of vastly differing sizes, ranging from a newly-privatized operation, and the creation and organization of an oligarch's empire, to several entrepreneurial start-ups in different service industries. The case studies document the changes and developments that have occurred in Russia since the privatization era of the 1990s, highlighting the strengths and weaknesses of the emerging business leadership orientations. Grounded in Russian culture and history, the book takes a balanced view of the rapid development and transformation of the country's business leadership over the past ten years. The authors also offer perceptive conclusions and practical advice that will not only contribute to the success of Western businesses operating in Russia and other former communist countries in Eastern Europe but also help business people in Eastern Europe create high performance organizations. As we move towards a globalized economy, the need to recognise executive behaviour in Russia is becoming increasingly important. This book will provide a great source of information for academics and researchers of entrepreneurship, leadership studies and international business. Although the focus is on Russian entrepreneurs, the lessons in the book are equally as relevant for other cultures and leadership styles.

This well-researched book analyzes the positioning of EU constitutional law towards economic and social integration by contrasting liberal and socially embedded constitutionalism. The book draws on a unique content and discourse analysis of all Grand Chamber decisions on substantive EU law since May 2004. It finds the EU's 'judicial constitution' to be more nuanced and more uniform than expected. While the Court of Justice enforces the constitution of integration, it favors economic freedoms under mainly liberal paradigms, but socially embeds constitutionalism in citizenship cases. The 'judicial constitution' contrasts with EU Treaties after the Treaty of Lisbon in that their new value base enhances European social integration. However, the Treaties too seem contradictory in that they do not expand the EU's competence regime accordingly. In the light of these contradictions, Dagmar Schiek proposes a 'constitution of social governance': the Court and EU institutions should encourage steps towards social integration at EU level to be taken by transnational societal actors, rather than condemn their relevant activity. Economic and Social Integration will appeal to academics and postgraduate students in EU law, EU politics, European sociology, international relations, international law, labor law, and welfare state theory. Undergraduate students in labor law, policy advisors on EU social policy and welfare state, government departments and EU Commission departments will also find much to interest them in this book.

For many western managers the approach taken by successful Japanese organisations and their managers has tended to inspire awe, envy and incomprehension in equal measure. But what is so special about 'Japanese' management? And how 'special' is the response of Japanese managers to global business pressures ?

This textbook addresses these questions. It presents case examples generated from interviews with Japanese managers in Japan, Europe and the USA, contextualising their comments by reference to recent research in the fields of international and intercultural management. The book explains how and why individual managers variously perceive threats or opportunities in the business and career environments currently evolving both inside and outside Japan. It combines vivid images of the expected and the exceptional, the traditional with the new and unfamiliar.
The Changing Face of Japanese Management offers management students with little prior knowledge of Japanese business and society, critical insights into what is happening inside Japanese management today. It also offers clear and immediately transferable insights to management practitioners who are preparing to work or negotiate with Japanese business partners.

This indispensible book offers step-by-step guidance to small and mid-sized companies and non-profit organizations in managing corruption risks in overseas markets. It covers how and why to build a culture of integrity, develop a risk-based anti-corruption compliance programme, and engage with other industry players in collective action against shared corruption challenges. The focus on culture, compliance and collective action helps resource-stretched companies to build a strong foundation for a healthy and flourishing organization, as well as contribute towards raising standards of integrity across their industry. Key features include: Guidance for creating and contributing to collective action Quick definitions, tips and practical tools such as checklists A hands-on approach with an emphasis on culture and leadership Case studies and real-life examples of both corruption risks and the importance of a strong compliance culture. Anti-Corruption Compliance will be an invaluable resource for senior managers of small and mid-sized organizations in minimizing exposure to corruption risks in international markets. It will also prove useful to corporate lawyers and others involved with compliance functions in larger companies, as well as to academics and students of corporate law with an interest in anti-corruption and compliance.

In this book David and Alex Bennet propose a new model for organizations that enables them to react more quickly and fluidly to today's fast-changing, dynamic business environment: the Intelligent Complex Adaptive System (ICAS). ICAS is a new organic model of the firm based on recent research in complexity and neuroscience, and incorporating networking theory and knowledge management, and turns the living system metaphor into a reality for organizations. This book synthesizes new thinking about organizational structure from the fields listed above into ICAS, a new systems model for the successful organization of the future designed to help leaders and managers of knowledge organizations succeed in a non-linear, complex, fast-changing and turbulent environment. Technology enables connectivity, and the ICAS model takes advantage of that connectivity by fostering the development of dynamic, effective and trusting relationships in a new organizational structure. This book outlines the model in chapter four, and then breaks down the model into its components in the next two chapters. This is a benefit to readers since different components of the model can be implemented at different times, so the book can guide implementation of one or all of the components as a manager sees fit. There are eight characteristics of the ICAS: organizational intelligence, unity and shared purpose, optimum complexity, selectivity, knowledge centricity, flow, permeable boundaries, and multi-dimensionality.