- Table View
- List View
Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost
by Mark Button Jim GeeSubstantially reduce the largely hidden cost of fraud, and reap a new competitive advantage. As the title suggests, Countering Fraud for Competitive Advantage presents a compelling business case for investing in anti-fraud measures to counter financial crime. It looks at the ways of reaping a new competitive advantage by substantially reducing the hidden cost of fraud. Aimed at a wide business community and based on solid research, it is the only book to put forward an evidence-based model for combating corporate fraud and financial crime. Despite its increase and capture of the news headlines, corporate fraud is largely ignored by most organizations. Fraud is responsible for losses of up to nine percent of revenues—sometimes more. Yet, most organizations don't believe they have a problem and don't always measure fraud losses. This highlights an area for capturing a competitive advantage—with the right counter-fraud strategy, massive losses due to the cost of fraud can be reduced for a fraction of the return. Advocates a new model for tackling fraud and illustrates theories with best practice examples from around the world The authors have close links with the Counter Fraud Professional Accreditation Board: Jim Gee is a world–renowned expert in the field, and has advised private companies and governments from more than 35 countries. Mark Button is Director of the leading Centre for Counter Fraud Studies, Portsmouth University, U.K. Organizations are losing millions of dollars to fraud. This book outlines a comprehensive approach to reducing financial crime and helping return some of the revenue lost to the cost of fraud.
Countering Fraud for Competitive Advantage: The Professional Approach to Reducing the Last Great Hidden Cost
by Mark Button Jim GeeSubstantially reduce the largely hidden cost of fraud, and reap a new competitive advantage. As the title suggests, Countering Fraud for Competitive Advantage presents a compelling business case for investing in anti-fraud measures to counter financial crime. It looks at the ways of reaping a new competitive advantage by substantially reducing the hidden cost of fraud. Aimed at a wide business community and based on solid research, it is the only book to put forward an evidence-based model for combating corporate fraud and financial crime. Despite its increase and capture of the news headlines, corporate fraud is largely ignored by most organizations. Fraud is responsible for losses of up to nine percent of revenues—sometimes more. Yet, most organizations don't believe they have a problem and don't always measure fraud losses. This highlights an area for capturing a competitive advantage—with the right counter-fraud strategy, massive losses due to the cost of fraud can be reduced for a fraction of the return. Advocates a new model for tackling fraud and illustrates theories with best practice examples from around the world The authors have close links with the Counter Fraud Professional Accreditation Board: Jim Gee is a world–renowned expert in the field, and has advised private companies and governments from more than 35 countries. Mark Button is Director of the leading Centre for Counter Fraud Studies, Portsmouth University, U.K. Organizations are losing millions of dollars to fraud. This book outlines a comprehensive approach to reducing financial crime and helping return some of the revenue lost to the cost of fraud.
Countering New(est) Terrorism: Hostage-Taking, Kidnapping, and Active Violence — Assessing, Negotiating, and Assaulting
by Bruce Oliver Newsome James W. StewartHow should we analyze and assess new terrorist behaviors? What are the particular risks and challenges from new terrorism? Should we negotiate with terrorists, and, if so, how? When should we use force against terrorists? Countering New(est) Terrorism: Hostage-Taking, Kidnapping, and Active Violence—Assessing, Negotiating, and Assaulting improves our knowledge of new terrorist behaviors, and our skills in responding to such attacks.The term "new terrorism" has been in circulation since the late 90’s. This book analyzes the "newest terrorism" that has emerged in recent years—characterized by increased hostage-taking, kidnapping, and active violence—and develops best practices for countering these emerging threats. Along the way, it challenges fashionable wishful thinking that all terrorists are open to rational negotiation or de-radicalization, that military responses always reflect badly on the official side, and that terrorists are not constrained by their own doctrines.The new terrorists are dramatically more ideological, murderous, and suicidal. They are generally less reconcilable, less trusting of official negotiators, less likely to release detainees, and more likely to kill detainees. They are less likely to demand ransoms yet more likely to release hostages in cases in which they do demand ransom. They are more informed about the official side’s policies, tactics, techniques, and procedures. They are more likely to use new information and communication technologies against responding agencies and officials. They are more capable fighters—they kill more people despite deploying fewer fighters per hostage. Most disturbing is the fact that they take advantage of free-er societies to access easier targets. Features: Includes evidence-based definitions and descriptions of political, religious, Jihadi, and new terrorism Presents the first large-n comparison of old and new terrorism, using an original extension of the Global Terrorism Database (GTD), with added codes for each of 10,735 hostage crises and more than 500,000 data points from 1970 through 2016 Details a further extension of the GTD covering all terrorist events from 2004 through 2016, roughly 5 million data points. Offers prescriptive advice and visual decision trees on how to negotiate crises, assess the risk of terrorism, and how and when to assault terrorists Reviews official practices, interviews with experienced officials, and real-world simulations of recent terrorist events and attacks Countering New(est) Terrorism will be of interest to researchers, students enrolled in terrorism and Homeland Security programs, crisis negotiators, and police, security, intelligence, and military authorities tasked with counterterrorism and anti-terrorism efforts.
Countering New(est) Terrorism: Hostage-Taking, Kidnapping, and Active Violence — Assessing, Negotiating, and Assaulting
by Bruce Oliver Newsome James W. StewartHow should we analyze and assess new terrorist behaviors? What are the particular risks and challenges from new terrorism? Should we negotiate with terrorists, and, if so, how? When should we use force against terrorists? Countering New(est) Terrorism: Hostage-Taking, Kidnapping, and Active Violence—Assessing, Negotiating, and Assaulting improves our knowledge of new terrorist behaviors, and our skills in responding to such attacks.The term "new terrorism" has been in circulation since the late 90’s. This book analyzes the "newest terrorism" that has emerged in recent years—characterized by increased hostage-taking, kidnapping, and active violence—and develops best practices for countering these emerging threats. Along the way, it challenges fashionable wishful thinking that all terrorists are open to rational negotiation or de-radicalization, that military responses always reflect badly on the official side, and that terrorists are not constrained by their own doctrines.The new terrorists are dramatically more ideological, murderous, and suicidal. They are generally less reconcilable, less trusting of official negotiators, less likely to release detainees, and more likely to kill detainees. They are less likely to demand ransoms yet more likely to release hostages in cases in which they do demand ransom. They are more informed about the official side’s policies, tactics, techniques, and procedures. They are more likely to use new information and communication technologies against responding agencies and officials. They are more capable fighters—they kill more people despite deploying fewer fighters per hostage. Most disturbing is the fact that they take advantage of free-er societies to access easier targets. Features: Includes evidence-based definitions and descriptions of political, religious, Jihadi, and new terrorism Presents the first large-n comparison of old and new terrorism, using an original extension of the Global Terrorism Database (GTD), with added codes for each of 10,735 hostage crises and more than 500,000 data points from 1970 through 2016 Details a further extension of the GTD covering all terrorist events from 2004 through 2016, roughly 5 million data points. Offers prescriptive advice and visual decision trees on how to negotiate crises, assess the risk of terrorism, and how and when to assault terrorists Reviews official practices, interviews with experienced officials, and real-world simulations of recent terrorist events and attacks Countering New(est) Terrorism will be of interest to researchers, students enrolled in terrorism and Homeland Security programs, crisis negotiators, and police, security, intelligence, and military authorities tasked with counterterrorism and anti-terrorism efforts.
Countering Tax Crime in the European Union: Benchmarking the OECD’s Ten Global Principles
by Umut TurksenThis book seeks durable solutions for tax crime and is a great resource for the development of knowledge, policy and law on tax crime. The book uniquely blends current practice with new approaches to countering tax crime. With insights from the EU-funded project, PROTAX, which conducts advanced research on tax crimes, the book comparatively analyses the EU's tax crime measures and the Ten Global Principles (TGPs) on fighting tax crime by the Organisation for Economic Cooperation and Development (OECD).The study critically examines how the TGPs can serve as minimum standards for the EU to counter tax crime such as tax evasion and tax fraud. The study also analyses how the anti-tax avoidance package can be graduated to fight tax crime in the EU. When escalated, the strengths of the EU tax crime measures and TGPs can form a fortress in which criminal law can be empowered to mitigate tax crimes with greater effect.The book will be particularly useful for end-user stakeholders such as tax policy makers, LEAs, professional enablers as well as academics and students interested in productive interaction between tax, criminal and administrative laws.
Countering Tax Crime in the European Union: Benchmarking the OECD’s Ten Global Principles
by Umut TurksenThis book seeks durable solutions for tax crime and is a great resource for the development of knowledge, policy and law on tax crime. The book uniquely blends current practice with new approaches to countering tax crime. With insights from the EU-funded project, PROTAX, which conducts advanced research on tax crimes, the book comparatively analyses the EU's tax crime measures and the Ten Global Principles (TGPs) on fighting tax crime by the Organisation for Economic Cooperation and Development (OECD).The study critically examines how the TGPs can serve as minimum standards for the EU to counter tax crime such as tax evasion and tax fraud. The study also analyses how the anti-tax avoidance package can be graduated to fight tax crime in the EU. When escalated, the strengths of the EU tax crime measures and TGPs can form a fortress in which criminal law can be empowered to mitigate tax crimes with greater effect.The book will be particularly useful for end-user stakeholders such as tax policy makers, LEAs, professional enablers as well as academics and students interested in productive interaction between tax, criminal and administrative laws.
Countering Terrorist Finance: A Training Handbook for Financial Services
by Tim Parkman Gill PeelingRegulation and control of the financial industry has become the weapon of choice for governments struggling to control the rise in global crime and terrorism. Tim Parkman and Gill Peeling's Countering Terrorist Finance - A Training Handbook for Financial Services is a practical, specialist guide for training staff in financial institutions in the processes and skills needed to respond to terrorist financing activities. The book explains international legal responses and obligations (with particular jurisdictional emphasis on the US, the UK, and Hong Kong); dissects the financing typologies behind terrorist attacks including September 11th, Madrid, Bali and other non al-Qaeda examples; analyzes potential causes for suspicion and offers an overview of the main issues and considerations affecting compliance professionals, in their efforts to protect against terrorist financing. The accompanying collection of eight training activities, with supporting materials and presentation slides, provides compliance officers with a resource for developing awareness and appropriate behaviour amongst employees tasked with managing terrorist finance risk. Additional training resource materials, including Powerpoint presentations, audio visual slideshows and pdf handouts are available on a CD ROM that accompanies the book. The background material, practical advice and training resources make this collection an excellent starting point for organizations striving to make a difference in this complex and difficult area.
Countering Terrorist Finance: A Training Handbook for Financial Services
by Tim Parkman Gill PeelingRegulation and control of the financial industry has become the weapon of choice for governments struggling to control the rise in global crime and terrorism. Tim Parkman and Gill Peeling's Countering Terrorist Finance - A Training Handbook for Financial Services is a practical, specialist guide for training staff in financial institutions in the processes and skills needed to respond to terrorist financing activities. The book explains international legal responses and obligations (with particular jurisdictional emphasis on the US, the UK, and Hong Kong); dissects the financing typologies behind terrorist attacks including September 11th, Madrid, Bali and other non al-Qaeda examples; analyzes potential causes for suspicion and offers an overview of the main issues and considerations affecting compliance professionals, in their efforts to protect against terrorist financing. The accompanying collection of eight training activities, with supporting materials and presentation slides, provides compliance officers with a resource for developing awareness and appropriate behaviour amongst employees tasked with managing terrorist finance risk. Additional training resource materials, including Powerpoint presentations, audio visual slideshows and pdf handouts are available on a CD ROM that accompanies the book. The background material, practical advice and training resources make this collection an excellent starting point for organizations striving to make a difference in this complex and difficult area.
Counterparty Credit Risk: The new challenge for global financial markets (The Wiley Finance Series #606)
by Jon GregoryThe first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profile institutions such as Bear Sterns, AIG, Fannie Mae and Freddie Mac. The sudden realisation of extensive counterparty risks has severely compromised the health of global financial markets. Counterparty risk is now a key problem for all financial institutions. This book explains the emergence of counterparty risk during the recent credit crisis. The quantification of firm-wide credit exposure for trading desks and businesses is discussed alongside risk mitigation methods such as netting and collateral management (margining). Banks and other financial institutions have been recently developing their capabilities for pricing counterparty risk and these elements are considered in detail via a characterisation of credit value adjustment (CVA). The implications of an institution valuing their own default via debt value adjustment (DVA) are also considered at length. Hedging aspects, together with the associated instruments such as credit defaults swaps (CDSs) and contingent CDS (CCDS) are described in full. A key feature of the credit crisis has been the realisation of wrong-way risks illustrated by the failure of monoline insurance companies. Wrong-way counterparty risks are addressed in detail in relation to interest rate, foreign exchange, commodity and, in particular, credit derivative products. Portfolio counterparty risk is covered, together with the regulatory aspects as defined by the Basel II capital requirements. The management of counterparty risk within an institution is also discussed in detail. Finally, the design and benefits of central clearing, a recent development to attempt to control the rapid growth of counterparty risk, is considered. This book is unique in being practically focused but also covering the more technical aspects. It is an invaluable complete reference guide for any market practitioner with any responsibility or interest within the area of counterparty credit risk.
Counterparty Credit Risk: The new challenge for global financial markets
by Jon GregoryThe first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profile institutions such as Bear Sterns, AIG, Fannie Mae and Freddie Mac. The sudden realisation of extensive counterparty risks has severely compromised the health of global financial markets. Counterparty risk is now a key problem for all financial institutions. This book explains the emergence of counterparty risk during the recent credit crisis. The quantification of firm-wide credit exposure for trading desks and businesses is discussed alongside risk mitigation methods such as netting and collateral management (margining). Banks and other financial institutions have been recently developing their capabilities for pricing counterparty risk and these elements are considered in detail via a characterisation of credit value adjustment (CVA). The implications of an institution valuing their own default via debt value adjustment (DVA) are also considered at length. Hedging aspects, together with the associated instruments such as credit defaults swaps (CDSs) and contingent CDS (CCDS) are described in full. A key feature of the credit crisis has been the realisation of wrong-way risks illustrated by the failure of monoline insurance companies. Wrong-way counterparty risks are addressed in detail in relation to interest rate, foreign exchange, commodity and, in particular, credit derivative products. Portfolio counterparty risk is covered, together with the regulatory aspects as defined by the Basel II capital requirements. The management of counterparty risk within an institution is also discussed in detail. Finally, the design and benefits of central clearing, a recent development to attempt to control the rapid growth of counterparty risk, is considered. This book is unique in being practically focused but also covering the more technical aspects. It is an invaluable complete reference guide for any market practitioner with any responsibility or interest within the area of counterparty credit risk.
Counterparty Credit Risk and Credit Value Adjustment: A Continuing Challenge for Global Financial Markets (The Wiley Finance Series)
by Jon GregoryA practical guide to counterparty risk management and credit value adjustment from a leading credit practitioner Please note that this second edition of Counterparty Credit Risk and Credit Value Adjustment has now been superseded by an updated version entitled The XVA Challenge: Counterparty Credit Risk, Funding, Collateral and Capital. Since the collapse of Lehman Brothers and the resultant realization of extensive counterparty risk across the global financial markets, the subject of counterparty risk has become an unavoidable issue for every financial institution. This book explains the emergence of counterparty risk and how financial institutions are developing capabilities for valuing it. It also covers portfolio management and hedging of credit value adjustment, debit value adjustment, and wrong-way counterparty risks. In addition, the book addresses the design and benefits of central clearing, a recent development in attempts to control the rapid growth of counterparty risk. This uniquely practical resource serves as an invaluable guide for market practitioners, policy makers, academics, and students.
Counterparty Credit Risk and Credit Value Adjustment: A Continuing Challenge for Global Financial Markets (The Wiley Finance Series)
by Jon GregoryA practical guide to counterparty risk management and credit value adjustment from a leading credit practitioner Please note that this second edition of Counterparty Credit Risk and Credit Value Adjustment has now been superseded by an updated version entitled The XVA Challenge: Counterparty Credit Risk, Funding, Collateral and Capital. Since the collapse of Lehman Brothers and the resultant realization of extensive counterparty risk across the global financial markets, the subject of counterparty risk has become an unavoidable issue for every financial institution. This book explains the emergence of counterparty risk and how financial institutions are developing capabilities for valuing it. It also covers portfolio management and hedging of credit value adjustment, debit value adjustment, and wrong-way counterparty risks. In addition, the book addresses the design and benefits of central clearing, a recent development in attempts to control the rapid growth of counterparty risk. This uniquely practical resource serves as an invaluable guide for market practitioners, policy makers, academics, and students.
Counterparty Credit Risk, Collateral and Funding: With Pricing Cases For All Asset Classes (The Wiley Finance Series #478)
by Damiano Brigo Massimo Morini Andrea PallaviciniThe book’s content is focused on rigorous and advanced quantitative methods for the pricing and hedging of counterparty credit and funding risk. The new general theory that is required for this methodology is developed from scratch, leading to a consistent and comprehensive framework for counterparty credit and funding risk, inclusive of collateral, netting rules, possible debit valuation adjustments, re-hypothecation and closeout rules. The book however also looks at quite practical problems, linking particular models to particular ‘concrete’ financial situations across asset classes, including interest rates, FX, commodities, equity, credit itself, and the emerging asset class of longevity. The authors also aim to help quantitative analysts, traders, and anyone else needing to frame and price counterparty credit and funding risk, to develop a ‘feel’ for applying sophisticated mathematics and stochastic calculus to solve practical problems. The main models are illustrated from theoretical formulation to final implementation with calibration to market data, always keeping in mind the concrete questions being dealt with. The authors stress that each model is suited to different situations and products, pointing out that there does not exist a single model which is uniformly better than all the others, although the problems originated by counterparty credit and funding risk point in the direction of global valuation. Finally, proposals for restructuring counterparty credit risk, ranging from contingent credit default swaps to margin lending, are considered.
Counterparty Credit Risk, Collateral and Funding: With Pricing Cases For All Asset Classes (The Wiley Finance Series)
by Damiano Brigo Massimo Morini Andrea PallaviciniThe book’s content is focused on rigorous and advanced quantitative methods for the pricing and hedging of counterparty credit and funding risk. The new general theory that is required for this methodology is developed from scratch, leading to a consistent and comprehensive framework for counterparty credit and funding risk, inclusive of collateral, netting rules, possible debit valuation adjustments, re-hypothecation and closeout rules. The book however also looks at quite practical problems, linking particular models to particular ‘concrete’ financial situations across asset classes, including interest rates, FX, commodities, equity, credit itself, and the emerging asset class of longevity. The authors also aim to help quantitative analysts, traders, and anyone else needing to frame and price counterparty credit and funding risk, to develop a ‘feel’ for applying sophisticated mathematics and stochastic calculus to solve practical problems. The main models are illustrated from theoretical formulation to final implementation with calibration to market data, always keeping in mind the concrete questions being dealt with. The authors stress that each model is suited to different situations and products, pointing out that there does not exist a single model which is uniformly better than all the others, although the problems originated by counterparty credit and funding risk point in the direction of global valuation. Finally, proposals for restructuring counterparty credit risk, ranging from contingent credit default swaps to margin lending, are considered.
Counterparty Risk and Funding: A Tale of Two Puzzles (Chapman and Hall/CRC Financial Mathematics Series)
by Stéphane Crépey Tomasz R. Bielecki Damiano BrigoSolve the DVA/FVA Overlap Issue and Effectively Manage Portfolio Credit Risk Counterparty Risk and Funding: A Tale of Two Puzzles explains how to study risk embedded in financial transactions between the bank and its counterparty. The authors provide an analytical basis for the quantitative methodology of dynamic valuation, mitigation, and hedging of bilateral counterparty risk on over-the-counter (OTC) derivative contracts under funding constraints. They explore credit, debt, funding, liquidity, and rating valuation adjustment (CVA, DVA, FVA, LVA, and RVA) as well as replacement cost (RC), wrong-way risk, multiple funding curves, and collateral. The first part of the book assesses today’s financial landscape, including the current multi-curve reality of financial markets. In mathematical but model-free terms, the second part describes all the basic elements of the pricing and hedging framework. Taking a more practical slant, the third part introduces a reduced-form modeling approach in which the risk of default of the two parties only shows up through their default intensities. The fourth part addresses counterparty risk on credit derivatives through dynamic copula models. In the fifth part, the authors present a credit migrations model that allows you to account for rating-dependent credit support annex (CSA) clauses. They also touch on nonlinear FVA computations in credit portfolio models. The final part covers classical tools from stochastic analysis and gives a brief introduction to the theory of Markov copulas. The credit crisis and ongoing European sovereign debt crisis have shown the importance of the proper assessment and management of counterparty risk. This book focuses on the interaction and possible overlap between DVA and FVA terms. It also explores the particularly challenging issue of counterparty risk in portfolio credit modeling. Primarily for researchers and graduate students in financial mathematics, the book is also suitable for financial quants, managers in banks, CVA desks, and members of supervisory bodies.
Counterparty Risk and Funding: A Tale of Two Puzzles (Chapman and Hall/CRC Financial Mathematics Series #31)
by Stéphane Crépey Tomasz R. Bielecki Damiano BrigoSolve the DVA/FVA Overlap Issue and Effectively Manage Portfolio Credit Risk Counterparty Risk and Funding: A Tale of Two Puzzles explains how to study risk embedded in financial transactions between the bank and its counterparty. The authors provide an analytical basis for the quantitative methodology of dynamic valuation, mitigation, and hedging of bilateral counterparty risk on over-the-counter (OTC) derivative contracts under funding constraints. They explore credit, debt, funding, liquidity, and rating valuation adjustment (CVA, DVA, FVA, LVA, and RVA) as well as replacement cost (RC), wrong-way risk, multiple funding curves, and collateral. The first part of the book assesses today’s financial landscape, including the current multi-curve reality of financial markets. In mathematical but model-free terms, the second part describes all the basic elements of the pricing and hedging framework. Taking a more practical slant, the third part introduces a reduced-form modeling approach in which the risk of default of the two parties only shows up through their default intensities. The fourth part addresses counterparty risk on credit derivatives through dynamic copula models. In the fifth part, the authors present a credit migrations model that allows you to account for rating-dependent credit support annex (CSA) clauses. They also touch on nonlinear FVA computations in credit portfolio models. The final part covers classical tools from stochastic analysis and gives a brief introduction to the theory of Markov copulas. The credit crisis and ongoing European sovereign debt crisis have shown the importance of the proper assessment and management of counterparty risk. This book focuses on the interaction and possible overlap between DVA and FVA terms. It also explores the particularly challenging issue of counterparty risk in portfolio credit modeling. Primarily for researchers and graduate students in financial mathematics, the book is also suitable for financial quants, managers in banks, CVA desks, and members of supervisory bodies.
Counterproductive Work Behaviors: Understanding the Dark Side of Personalities in Organizational Life (Routledge Studies in Management, Organizations and Society)
by Aaron CohenThere has been a growing interest among scholars in the fields of organizational behaviour and industrial psychology in what can be termed "the dark side of the organizations." A main concept in this regard this is both important and relevant counterproductive work behaviours (CWBs), which can be defined as deliberate actions that harm the organization or its members. These behaviours include a variety of acts that can be directed toward organizations (CWB-O) or toward other people (CWB-P). Destroying organizational property, purposely doing work incorrectly, and taking unauthorized work breaks are examples of CWB-O, whereas hitting a co-worker, insulting others, and shouting at someone are forms of CWB-P. Despite the growing interest in CWBs as a research issue, not enough is known about the determinants of CWBs. The goal of Counterproductive Work Behaviors therefore is to cover this stimulating, important, and innovative issue of dark triad personalities in the workplace. The book will deal with important aspects of this issue, such as the characteristics of dark triad personalities, how they operate and damage organizations, what organizations are more vulnerable to them, ways to diagnose and detect them, and ways to handle dark triad personalities and prevent them from harming organizations and employees. There is no doubt that the issues covered by Counterproductive Work Behaviors will continue to attract academic attention and therefore the book is essential reading for researchers, academics and business professionals alike in the fields of Organizational Studies and Behaviour, Organizational Psychology, Strategy, Human Resource Management, Leadership and the related disciplines.
Counterproductive Work Behaviors: Understanding the Dark Side of Personalities in Organizational Life (Routledge Studies in Management, Organizations and Society)
by Aaron CohenThere has been a growing interest among scholars in the fields of organizational behaviour and industrial psychology in what can be termed "the dark side of the organizations." A main concept in this regard this is both important and relevant counterproductive work behaviours (CWBs), which can be defined as deliberate actions that harm the organization or its members. These behaviours include a variety of acts that can be directed toward organizations (CWB-O) or toward other people (CWB-P). Destroying organizational property, purposely doing work incorrectly, and taking unauthorized work breaks are examples of CWB-O, whereas hitting a co-worker, insulting others, and shouting at someone are forms of CWB-P. Despite the growing interest in CWBs as a research issue, not enough is known about the determinants of CWBs. The goal of Counterproductive Work Behaviors therefore is to cover this stimulating, important, and innovative issue of dark triad personalities in the workplace. The book will deal with important aspects of this issue, such as the characteristics of dark triad personalities, how they operate and damage organizations, what organizations are more vulnerable to them, ways to diagnose and detect them, and ways to handle dark triad personalities and prevent them from harming organizations and employees. There is no doubt that the issues covered by Counterproductive Work Behaviors will continue to attract academic attention and therefore the book is essential reading for researchers, academics and business professionals alike in the fields of Organizational Studies and Behaviour, Organizational Psychology, Strategy, Human Resource Management, Leadership and the related disciplines.
Counterrevolution: Extravagance and Austerity in Public Finance
by Melinda CooperA thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policyAt the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no departure from government austerity will be tolerated without a corresponding act of penance.Yet we misunderstand the scope of neoliberal public finance if we assume austerity to be its sole setting. Beyond the zero-sum game of direct claims on state budgets lies a realm of indirect government spending that escapes the naked eye. Capital gains are multiply subsidized by a tax system that reserves its greatest rewards for financial asset holders. And for all its airs of haughty asceticism, the Federal Reserve has become adept at facilitating the inflation of asset values while ruthlessly suppressing wages. Neoliberalism is as extravagant as it is austere, and this paradox needs to be grasped if we are to challenge its core modus operandi.Melinda Cooper examines the major schools of thought that have shaped neoliberal common sense around public finance. Focusing, in particular, on Virginia school public choice theory and supply-side economics, she shows how these currents produced distinct but ultimately complementary responses to the capitalist crisis of the 1970s. With its intellectual roots in the conservative Southern Democratic tradition, Virginia school public choice theory espoused an austere doctrine of budget balance. The supply-side movement, by contrast, advocated tax cuts without spending restraint and debt issuance without guilt, in an apparent repudiation of austerity. Yet, for all their differences, the two schools converged around the need to rein in the redistributive uses of public spending. Together, they drove a counterrevolution in public finance that deepened the divide between rich and poor and revived the fortunes of dynastic wealth.Far-reaching as the neoliberal counterrevolution has been, Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: Is another politics of extravagance possible?
Counterrevolution: Extravagance and Austerity in Public Finance
by Melinda CooperA thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policyAt the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no departure from government austerity will be tolerated without a corresponding act of penance.Yet we misunderstand the scope of neoliberal public finance if we assume austerity to be its sole setting. Beyond the zero-sum game of direct claims on state budgets lies a realm of indirect government spending that escapes the naked eye. Capital gains are multiply subsidized by a tax system that reserves its greatest rewards for financial asset holders. And for all its airs of haughty asceticism, the Federal Reserve has become adept at facilitating the inflation of asset values while ruthlessly suppressing wages. Neoliberalism is as extravagant as it is austere, and this paradox needs to be grasped if we are to challenge its core modus operandi.Melinda Cooper examines the major schools of thought that have shaped neoliberal common sense around public finance. Focusing, in particular, on Virginia school public choice theory and supply-side economics, she shows how these currents produced distinct but ultimately complementary responses to the capitalist crisis of the 1970s. With its intellectual roots in the conservative Southern Democratic tradition, Virginia school public choice theory espoused an austere doctrine of budget balance. The supply-side movement, by contrast, advocated tax cuts without spending restraint and debt issuance without guilt, in an apparent repudiation of austerity. Yet, for all their differences, the two schools converged around the need to rein in the redistributive uses of public spending. Together, they drove a counterrevolution in public finance that deepened the divide between rich and poor and revived the fortunes of dynastic wealth.Far-reaching as the neoliberal counterrevolution has been, Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: Is another politics of extravagance possible?
Counterterrorism and Cybersecurity: Total Information Awareness
by Newton LeeImagine James Bond meets Sherlock Holmes: Counterterrorism and Cybersecurity is the sequel to Facebook Nation in the Total Information Awareness book series by Newton Lee. The book examines U.S. counterterrorism history, technologies, and strategies from a unique and thought-provoking approach that encompasses personal experiences, investigative journalism, historical and current events, ideas from great thought leaders, and even the make-believe of Hollywood. Demystifying Total Information Awareness, the author expounds on the U.S. intelligence community, artificial intelligence in data mining, social media and privacy, cyber attacks and prevention, causes and cures for terrorism, and longstanding issues of war and peace. The book offers practical advice for businesses, governments, and individuals to better secure the world and protect cyberspace. It quotes U.S. Navy Admiral and NATO’s Supreme Allied Commander James Stavridis: “Instead of building walls to create security, we need to build bridges.” The book also provides a glimpse into the future of Plan X and Generation Z, along with an ominous prediction from security advisor Marc Goodman at TEDGlobal 2012: “If you control the code, you control the world.” Counterterrorism and Cybersecurity: Total Information Awareness will keep you up at night but at the same time give you some peace of mind knowing that “our problems are manmade — therefore they can be solved by man [or woman],” as President John F. Kennedy said at the American University commencement in June 1963.
Countertrade im Osthandel: Gegenwärtige und zukünftige Bedeutung des Kompensationshandels mit den GUS-Staaten
by Heiko FischerEine Gegenüberstellung der Transformationsprobleme der GUS-Staaten mit den allgemein als Countertrade-auslösend anerkannten makroökonomischen Faktoren zeigt, daß Kompensationsgeschäfte nach wie vor eine zentrale Rolle für die sich neu ausrichtenden Volkswirtschaften spielen.
Countertrade professionell: Barter-, Offset- und Switchgeschäfte im globalen Markt
by F. SchusterEine der interessantesten Entwicklungen im internationalen Marketing ist die zuneh mende Bedeutung des Countertrades. Sein Anteil am Welthandel wird heute von ein zelnen Experten auf nahezu dreißig Prozent geschätzt. Wenn man bedenkt, daß häu fig nur ein Teil der Lieferungen mit Gegenlieferungen bezahlt wird, so ist es nicht ge wagt zu behaupten, daß gegenwärtig vermutlich jedes zweite internationale Geschäft vom Countertrade tangiert wird. Die Wirtschaftspraxis und die Betriebswirtschaftslehre haben die Bedeutung dieses Marketing-Instruments inzwischen erkannt. Gleichwohl besteht ein erheblicher In formationsbedarf. Ober Countertrade-Know-how verfügen nur wenige Spezialisten. Ansonsten ist die Unkenntnis groß und die Verwirrung weit verbreitet. Dieses Buch soll dem Countertrade-Newcomer den Einstieg in dieses relativ kompli zierte Gebiet des internationalen Marketings erleichtern. Es verfolgt besonders vier Ziele: Erstens soll es dazu beitragen, Fehleinschätzungen über den Countertrade zu ver meiden und eine marketingorientierte Position gegenüber diesem Phänomen zu gewinnen. Zweitens soll es einen Einblick in die vielschichtigen Gestaltungsmöglichkeiten vermitteln. Hierzu wird erstmals in der Literatur ein Baukastensystem für den Countertrade vorgestellt, das auch den Newcomer in die Lage versetzt, Ansatz punkte für individuelle Problemlösungen zu entwickeln, die im Countertrade die Regel sind.
Countervailing Powers: The Political Economy of Market, before and after Adam Smith
by Riccardo RosolinoThis book will trace the trajectory of the surprising idea that the victims of monopolistic conspiracies should be allowed to fight back using the same fraudulent and immoral weapons as the conspirators. In other words, if left to itself, the market will produce the antibodies necessary to survival, notwithstanding its most sinister pathology – the tendency of its principals to conclude private agreements behind the scenes.Originally conceived in a moral context halfway through the 16th century, the idea was then taken over by the world of commercial law in exactly the form it had been employed theologically. Surprisingly, though, after doing the rounds for over a century, it then disappeared without trace. This book will look at how Adam Smith revived and recharged the idea. He applied it in The Wealth of Nations (1776) to the conflict of interest between employers and workers in the attempt to break the stranglehold of the artificial compression of wages to minimum subsistence level. After Smith, the freshly revived idea went underground again for another half-century until, in the 1820s, it assumed a front-row position in the newborn liberal political economics. This book will look at how, in the framework of the debate over the repeal of the Combination Laws, the idea was dusted down and put back in the fight, having first been stripped it off its moral clothes and dressed instead in the new robes of economic pragmatism.
‘Counting Black and White Beans’: Critical Race Theory in Accounting
by Anton LewisAcross the US and the UK, few senior accountants exist in proportion to their white peers, and only a handful ever reach the level of partner in large accounting firms. This problem has been left largely unexamined on both sides of the Atlantic and is overwhelmingly disregarded due to an inherent assumption of racial neutrality within the field of accountancy. This book unpacks the lived working experience of black accountants in the US and UK to highlight the existence of institutionalized racism. Using the perspective of Critical Race Theory (CRT), Anton Lewis demonstrates how the black accountant is in fact an outsider, with limited options for professional progress. He offers a qualitative, narrative-focused approach, exploring detailed testimonies of Black British and African American accountants within a CRT theoretical framework, to highlight how the field of accounting has participated in a historic system of racial and professional inequities. This book invites the reader to critically examine how black people enter and progress in the field and comprehend the processes by which black accountants understand the impact race has on their professional identities. Looking at the way forward, the author also serves up practical guidelines for black accountants on how to network, and how best to strategize for success across their careers from entry level positions, to senior professionals seeking partnership.