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The Nordic countries of Finland and Sweden are today, as they have been historically, characterized by the existence of several SWPO- type organizations, meeting the SWPO- characteristics to a varying degree (see Chapter 1). Ranging from old, now well- established organizations like the 120- year- old Swedish National Association for Social Work (CSA), initially also attracting actors from then yet- to- become independent Finland, to more recent self- organized online activities such as, for example, the ‘Career network for qualified social workers’ in Finland and the Swedish ‘Now we break the Silence’ – utilizing social media platforms as their central tool – these organizations have impacted the development of varying social work and social policy issues, related to, among other things, social justice, social work education, and working conditions in the welfare sector.
The largest SWPOs in Finland and Sweden today, however, are the Swedish ‘SSR Union for Professionals’ and the Finnish ‘Talentia Union of Professional Social Workers’ respectively, engaging in policy actions related to social work and social policy on the professional (micro) and organizational (meso) as well as policy (macro) level. These two SWPOs could arguably be characterized as ‘hybrid organizations’, even in a double sense. First, not unlike some other organizations in this field in the two countries, they are ‘hybrid’ in the sense of not being ‘self- governed’ by social workers only. Instead, they also comprise other professionals having a university education in social sciences, thus acting as a kind of ‘umbrella organization’ for various professional groups. But these organizations are ‘hybrid’ also in a second sense, since both are trade unions as well as professional organizations.
Social work education in India has been established for over eight decades, since the 1930s, and has significantly contributed to national development. About two and half decades later, professional organizations in social work began to emerge. The Social Work Professional Organizations (SWPOs) are self- governed bodies that provide a professional identity to social workers (see Chapter 1). They aim to ensure social justice and human rights through their interventions, education, and value framework at local, national, and international levels. These organizations also closely reflect the historical nature of the social work profession in the country.
In the changing neoliberal context, while social work in countries like the UK, US, Sweden, Spain, Germany, and others has become more pro- market and pro- establishment (Weiss- Gal and Welbourne 2008, Reisch 2013), India's professional training still emphasizes pro- poor and rights- based perspectives. Social workers in India predominantly work with underprivileged and vulnerable groups, assisting them with social justice and equity- related issues. This unique approach of the social work profession in India was reaffirmed in the following resolution taken at the conclusion of National Consultations of schools of social work held in 2012 at Tata Institute of Social Sciences (TISS), Mumbai (Nadkarni and Desai 2012).
‘As professional social workers and representatives of social work educational institutions across the country, we stand together for social justice and equality in favour of the poor and marginalized sections of society’. This aligns with the global definition of social work, emphasizing social change, development, cohesion, and empowerment (International Federation of Social Workers (IFSW) and International Association of Schools of Social Work (IASSW 2014).
Fashion upcycling offers unprecedented opportunities for the sustainable reuse of clothing: using second-hand garments as raw materials for new creations, upcyclers can transform used pieces of clothing into new fashion products that may become even more sought-after than the source material. Considering the overarching policy objective to ensure a circular economy, the use of trademark-protected fashion elements for upcycling purpose can be qualified as a particularly important form of artistic expression. The reference to products of the original trademark owner is made for the socially valuable purpose of providing a vision of better, more sustainable production and consumption practices.
This chapter discusses a third fictional case involving incomplete contracts. It tells the story of someone grappling with an ethical dilemma related to his bank deposits. After years of having his money deposited, he realizes that the bank invests in the arms and gambling industries. As a result, he looks to transfer his savings to a different bank without facing the costs outlined in his current contract. The chapter aims to clarify how he can use moral principles from the three economic enlightenments to articulate his moral reasons for changing the contract terms, while also showing how bank managers might employ a similar approach.
Since its inception, social work has always been promoted by various Social Work Professional Organizations (SWPOs), understood as formal or informal organizations that are self- governed by social workers and do not provide direct services to service users (see Chapter 1). As social work continues to evolve in response to ever- changing societal challenges, SWPOs play a central role in shaping the profession, fostering collaboration and ensuring the ethical and professional standards that underpin social work practice. At the same time, there is still little systematic knowledge about their basic characteristics and forms, especially in an international comparative perspective. To address this gap, this chapter explores the historical roots, organizational structures and key functions of SWPOs in Austria, Germany, and Switzerland. These three countries are comparable in that they all have an extended welfare state. In addition, they are pluralistic and representative democracies with a high relevance of non- parliamentary professional and welfare associations (Gabriel and Plasser 2010). Finally, in all these countries, SWPOs play an important role in the development and further professionalization of social work as will be shown in this chapter. Despite all these similarities, there are also marked differences in the political contexts, professional developments, and organizational structures of SWPOs in these three countries. The following sections outline social work in Austria, Germany, and Switzerland, then provide an overview of the existing SWPOs. Each country section ends with a detailed description of the most relevant SWPO in the country, based on the following heuristic dimensions: (1) institutional structure, (2) membership, (3) professional and/ or academic focus, (4) general or field- specific focus, (5) functions and main activities. The chapter concludes with a discussion of the similarities and differences between Austria, Germany and Switzerland.
This article offers two novel backtests to evaluate the adequacy of well-known systemic risk measures such as CoVaR, MES, SES, and SRISK. Both the new backtests are robust to estimation risk (i.e., their null distributions remain invariant in the presence of estimation risk). While existing backtest is consistent against divergence from the null hypothesis up to a finite order, the article shows that the new backtests are fully consistent. The real-world implications brought by the new backtests are economically significant as they reveal significantly more cases of inadequate systemic risk modeling among the major financial institutions.
This study presents the design and validation of an organizational attachment scale that integrates Bowlby’s attachment theory into the analysis of workplace behavior. Its goal is to offer organizations a rigorous and reliable tool to assess how attachment styles influence professional dynamics, such as interpersonal relations, stress management, collaboration, job satisfaction, and team performance. The theoretical relevance lies in explaining how individuals form, maintain, or avoid emotional bonds with colleagues, supervisors, and the organization itself, insights that are essential for enhancing both employee well-being and organizational effectiveness.
The research responds to the transition from Taylorist management models to contemporary “quantum” paradigms, where flexibility, complexity, and human factors are central, and organizations operate in BANI (Brittle, Anxious, Nonlinear, Incomprehensible) environments. Using a quantitative, non-experimental design, data were collected through LinkedIn from 204 team leaders and middle managers across various industries. Statistical validation included exploratory and confirmatory factor analyses, internal consistency testing, and assessments of convergent and discriminant validity.
Results revealed a solid three-factor structure, secure, anxious, and avoidant attachment, showing high reliability and strong construct validity. These findings confirm the instrument’s effectiveness in distinguishing attachment styles in professional contexts and highlight their influence on emotional regulation, communication, engagement, and performance. The study’s originality lies in creating the first psychometric tool in Spain specifically tailored to organizational settings, addressing workplace hierarchies and norms. It thus advances theoretical understanding and provides a practical framework for cultivating healthier, more resilient, and productive organizational cultures.
We exploit heterogeneity in decreasing returns to scale (DRS) parameters across mutual funds to analyze the importance of scalability for investors’ capital allocation decisions. We find strong evidence that steeper DRS attenuate flow sensitivity to performance. We calibrate a rational model of active fund management and show that a large fraction of cross-sectional variation in assets-under-management is due to investors anticipating the effects of scale on return performance. We conclude that DRS play a key role in achieving equilibrium in the intermediated investment management market.
This article studies the making of return predictability among economically linked firms. I characterize an asymmetric cross-firm tug-of-war: i) High peer overnight returns are followed by elevated overnight returns for focal stocks, which fully reverse during intraday, and ii) high peer intraday returns are followed by high intraday returns but minor overnight price reactions. This pattern aligns with the story that individuals’ persistent trading on salient information distorts opening prices, while slow-moving arbitrage by professional investors gradually corrects mispricing. Mutual fund and hedge fund flows exhibit distinct associations with the tug-of-war, supporting the hypothesis that heterogeneous demand drives the return predictability.
2024 marked ten years since the Arms Trade Treaty (ATT) took effect. Firmly rooted in international human rights and humanitarian law, the ATT is the first legally binding instrument to regulate international arms transfers. It is a framework for national action to (i) contribute to peace and security, (ii) reduce human suffering caused by irresponsible arms transfers and (iii) promote transparency in the international arms trade. This piece exploresrecent developments in the ATT process that represent a pivot from building treaty infrastructure toward more expansive stakeholder engagement, increased information exchange centred on state practice and a sharper focus on the ATT’s human impact. Key new features are discussions on actual arms transfer decisions and the examination of the independent human rights responsibilities of industry that operate alongside government risk assessment obligations. Finally, this piece assesses the potential impact of these efforts on the achievement of the ATT’s humanitarian purpose.