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The setting up of “second registries” by European governments in the 1980s was a formative moment in contemporary maritime history. Developed in an effort to counteract the growing use of offshore flags of convenience, these registries provided European shipping companies with spaces of exception from normal regulation, lifting national manning requirements and allowing for foreign labor to be hired on local wages. This article investigates the emergence of the Nordic variants, called “international ship registries” (ISRs). Employing a global perspective which focuses on the interplay between business actors, narratives, and national politics, it argues that the influence of offshore actors in shaping the Nordic developments was more pronounced than previous research suggests. The ISR policy was originally proposed to Norwegian policymakers by an offshore shipowner living in Bermuda. From there, it transferred to Denmark and Sweden, shaping their policy debates in the 1980s and 1990s.
This Element outlines the foundational concepts and key applications of humanistic management and leadership. It focuses on the key concepts of protecting dignity and promoting well-being. It provides a humanistically grounded, scientifically backed paradigm for better organizing at the level of individual, relation, team, organization, society and nature. It provides real world examples of organizations and companies that practice humanistic management and leadership and create outstanding value for all stakeholders.
The paradox of environmental sustainability is often framed as a trade-off between profit and planet. Mainstream sustainability approaches remain constrained by anthropocentric and reductionist assumptions that treat economy and ecology as separable domains. Guided by Kaupapa Māori (Māori approach) principles, this research explores an alternative relational approach grounded in te ao Māori (Māori world view). Drawing on Kōrero (Māori narrative approach) with 11 participants, analysed through reflexive thematic analysis, the paper develops the Whakapapa–Mauri–Utu Regenerative Cycle. In this framework, Whakapapa (genealogy) establishes non-negotiable governance responsibilities, Mauri (life force) serves as an evaluative indicator of ecosystem health, and Utu (reciprocity) reorients economic activity toward restoration and collective wellbeing. This paper contributes to paradox scholarship by demonstrating that sustainability tensions are reframed when organisations are understood as genealogically embedded within spiritual and ecological systems. Rather than being managed through trade-offs between separable objectives, sustainability becomes a relational obligation enacted through genealogical integrity.
From artificial intelligence (AI) to quantum computing, every new technology is surrounded by 'hype' – but what exactly is hype, and how does it work? This is the first book to take hype seriously, showing how it is made, managed, and mobilised across today's innovation landscapes. Far from being just empty talk, hype has become a structured practice and even a business in its own right. The authors uncover the machinery that drives markets, guides innovation, and shapes whole promissory economies. They also initiate 'Hype Studies' – a new way of understanding how innovation unfolds in the digital age and beyond. After Hype not only establishes hype as a serious object of study but also reveals it to be one of the most powerful yet overlooked forces shaping and influencing our technological future. This title is also available as Open Access on Cambridge Core.
How did Tencent become one of the world's most innovative tech giants? This book offers a rare, in-depth look at Tencent's rise through the lens of innovation management. From early products like QQ to the creation of WeChat and its expansive digital ecosystem, the book explores how Tencent drives continuous and breakthrough innovation across technology, management, platforms, and social value. It introduces Tencent's unique Sequoia-like innovations (deep, directed, invisible, and compound), market-type organisation and OCEAN ecosystem, which promotes openness (O), coopetition (C), empowerment (E), autonomy (A), and attentiveness to stakeholders' needs (N). Readers will discover how Tencent leverages corporate values, internal coopetition, digital human resource management, internal talent mobility, platform ecosystems, and social value creation to remain innovative, competitive, and forward-looking. Accessible and insightful, this book is essential reading for students, academics, business leaders, and policymakers interested in innovation management, technology development, digital platforms, and China's evolving technology landscape.
This Element presents the main characteristics of international trade in the Middle East and North Africa (MENA) region by analyzing whether its trade policy managed to build or break bridges among MENA countries and with the rest of the world. Its objective is threefold. First, it provides an overview of trade theories from the MENA region perspective. Second, it analyzes the main trends and features of trade flows and trade policies. Third, it shows how trade policies had different development outcomes related to gender, informal employment, and the composition of labor demand. The main findings show that trade policies and domestic characteristics explain the relatively poor performance of trade flows in most of the diversified MENA economies. Also, the MENA region is highly affected by world business cycles given that this region is the largest exporter of oil. Finally, development outcomes still need to be streamlined within trade policies.
We examine the efficacy of product market discipline as a deterrent to corporate misconduct. Firms that are subject to greater competitive threats in the product market are less likely to commit violations and pay lower penalties. Stakeholders react negatively to various types of violations, with product market competition amplifying these stakeholder reactions. In response, firms under competitive pressure are more likely to incorporate ESG-related incentives into executive compensation, demonstrate better worker safety practices, invest in green innovation, and use credible auditors. Our findings suggest that product market competition deters misconduct by increasing the expected costs associated with violations.
Individuals and groups often find themselves in problematic situations not knowing what to do next. They may experience a sense of unease that things aren't quite right, with no clear path to a better future. This book shows how decision analysis and the social skills of the decision analyst can enable us to explore the future before having to live it. The author is a senior decision analyst sharing his lived experience with many clients in numerous private, public, and voluntary organisations. The book sets out a five-step process to choose, define, and assemble the ten key ingredients of any problem into one model. Changes to the ingredients representing possible futures provide new glimpses into the future, stimulate creativity and lead to new solutions. Readers will gain a sound theoretical foundation with an understanding of process consultancy skills and the types of problems for which decision analysis is appropriate.
Donald Trump saw the federal bureaucracy as the breeding ground of the 'deep state,' a powerful, unresponsive collection of bureaucratic experts determined to undermine the policies for which he was convinced he had a mandate. He translated that into a furious assault on the basic principles of both the theory and practice of public administration. One of the points of his genius was his incomparable skill in identifying issues that resonated with voters, and his attacks on public administration identified unarguable problems. But those attacks also eroded government's capacity to get work done and the strategies for accountability that had carefully grown since the founders wrote the Constitution. Transforming administration into instruments of political symbols and political power undermined the basic values of public administration – and created fundamental challenges to which the field must rise in charting a public administration for 2035 and beyond.
This Element introduces the theory of segmented polity to address the misfit between dominant state-centric political theories and the hybrid realities of contemporary governance. Segmented polities are contested, partial, and constrained but nonetheless develop autonomous policymaking capacities and distinct social constituencies. The EU exemplifies this form, blending supranational and intergovernmental traits within a statist political order. Grounded in organization theory and institutionalism, the Element provides empirical analysis of the internal market and security segments showing how segmented polities operate across functional domains and generate bounded epistemic communities. While enabling policy efficiency, they also exhibit democratic deficits. The Element presents segmented polities as evolutionary responses to governance complexity and outlines implications for political science, international relations, European integration theory, and democracy studies, and proposes a research agenda focused on longitudinal, actor-based, and comparative studies of polity segmentation beyond the EU. This title is also available as Open Access on Cambridge Core.
Using a calibrated, collective life-cycle portfolio choice model for a dual-income couple, we show that an increase in the ability to share risk within the household due to a mean-preserving spread in the partners’ coefficients of relative risk aversion leads to a substantial increase in financial risk-taking. Importantly, we show that risk sharing has a larger economic impact on portfolio choice than risk diversification. While unitary models usually do not fully replicate the optimal portfolio choice of collective models, we propose approximations that work reasonably well for moderate background risk. We provide strong empirical support for our key findings.
Time has long been recognized as a foundational lens in management research, yet most theories draw on Western linear assumptions that overlook alternative temporal logics. This introduction to the special issue on Advancing Temporal Research in Chinese Management situates China as a unique context where rapid economic transformation intersects with enduring cultural traditions. We develop a 3C framework, compressing, cyclic, and continuing, that captures an understudied Chinese temporal lens. Compressing reflects the urgency of accelerated growth and time scarcity; cyclic emphasizes recurring rhythms rooted in agrarian heritage, cultural practices, and institutional cycles; continuing highlights persistence and long-term orientation embedded in Confucian values and historical endurance. By applying this framework, we synthesize insights from the eight accepted articles and demonstrate how temporal dynamics shape organizational identity, entrepreneurial reentry, innovation, ESG strategies, and performance persistence. The 3C framework not only enriches the two dominant streams of temporal research, activity mapping and actors’ temporal orientations, but also broadens their global relevance by integrating culturally infused perspectives. In doing so, this special issue advances comparative temporal research and positions time as a central construct for understanding Chinese management and its wider implications.