Social Responsibility of Mining Companies at a Time of COVID-19: Dear Shareholders!

This paper examines annual reports (ARs) of multinational mining companies Glencore, Rio Tinto and BHP framed by the challenge of COVID-19 in 2020. We apply a linguistic analysis to screening the letters of chairmen and CEOs that encapsulate an ideology of mining, prioritize the message of sustained and prospective financial success, and display commitment to employees and communities. Using critical discourse analysis, we explore how corporations involved in destructive activities managed to mask the nature of their conduct and promote positive PR when expected to document an on-the-ground involvement with employees and local communities due to the global pandemic. We accounted for the ideology of mining natural resources, the central message foregrounded in the reports, the selection and distribution of key topics and keywords, and relexicalization of critical concepts and descriptions. The CDA revealed “smart management” of COVID-19 aimed to hide facts related to the destruction of the environment and to manipulate people in exchange for education, financial rewards and social improvement. The critical contribution of our paper is that the COVID-19 crisis became an opportunity for corporations to display resilience as well as to manage, dominate and render local populations dependent and vulnerable.

From Extraordinary Success to No Considerable Results: Victorian Music Entrepreneurialism and the Crystal Palace Brass Band Competition 1860–1863

The July 1860 Crystal Palace Brass Band contest brought brass bands out of their heartlands to London in unprecedented numbers, The Times (12 July 1860, 9), lauding its success as ‘quite extraordinary’. This landmark event was repeated in three successive years, but in 1863 it was abruptly terminated, and no cogent explanation has been established for its failure. The entrepreneur organizing the contests, Enderby Jackson, later wrote in his autobiography that other business dealings prevented him from further involvement in the series. Jackson had made full use of his talents and contacts to bring these remarkable working-class musical ensembles to the emergent national attraction that was the Crystal Palace. However, Jackson's manipulation of publicity and managerial style obstruct easy analysis of the contests. Moreover, Jackson later sought to protect his legacy by conjuring a smokescreen in his memoirs to obscure the real reasons for the failure of the Crystal Palace contests after 1863. The entrepreneurial environment is never a stable one, and it should not be presumed that the accolades accorded to the opening contest would translate into its continuance on an annual basis. However, the fact that the contests were attended by many thousands of visitors each year and Jackson's assertion that they were a financial success stand in stark contrast to what is implied by their sudden end. This article demonstrates how close examination of previously unconsidered letters, surviving documentation, and other sources cast doubt on whether the contest series was ever an extraordinary success.

Geothermal Production from Existing Oil and Gas Wells: A Sustainable Repurposing Model

The geothermal energy industry has never quite realized its true potential despite the seemingly magical promise of nonstop, 24/7 renewable energy sitting just below the surface of the Earth. In this paper, we discuss an integrated cloud-based workflow aimed at evaluating the cost-effectiveness of adopting geothermal production in low to medium enthalpy systems by either repurposing existing oil and gas wells or by co-producing thermal and fossil energy. The workflow introduces an automated and intrinsically secure decision-making process to convert mature oil and gas wells into geothermal wells, enabling both operational and financial assessment of the conversion process, whether partial or complete. The proposed workflow focuses on the reliability and transparency of fully automated technical processes for the geological, hydrodynamic, and mechanical configuration of the production system to ensure the financial success of the conversion project, in terms of heat production potential and cost of development. The decision-making portion of the workflow comprises the technical, social, environmental factors driving the return on investment for the total or partial conversion of wells to geothermal production. These components are evaluated using artificial intelligence (AI) algorithms that reduce bias in the decision-making process. The automated workflow involves assessment of the following: Heat Potential: A data-driven model to determine the geothermal heat potential using geological conditions from basin modeling and data from offset wells.Flow Modeling: An ultra-fast, physics-based modeling approach to determine pressure and temperature changes along wellbores to model fluid flow potential, thermal flux, and injection operations.Mechanical Integrity: Casing and completions integrity and configuration are embedded in the process for flow rates modeling.Environmental, Social, and Governance (ESG): A decision modeling framework is setup to ensure the transparent validation of the technical components and ESG factors, including potential for water pollution, carbon emissions, and social factors such as induced seismicity and ambient noise levels The assurance of key ESG metrics will ensure a viable and sustainable transition into a globally available low-carbon source of energy such as geothermal. Our novel cloud- based automated decision-making environment incorporates a blockchain framework to ensure transparency of technical-related processes and tasks, driving the financial success of the conversion project. Ultimately, our automated workflow is designed to encourage and support the widespread adoption of low-carbon energy in the oil and gas industry.

They See Me Rollin’, They Hatin’

Aubrey Graham, more commonly known as hip-hop performer Drake, presents himself as a man of contradiction—a lover and a fighter, sensitive but hard, successful but humble. Despite this subjective work, designed to present a complex embodiment of an artistic and financial success, the discourse of Graham online is often underpinned by suspicion and derision that seeks to redefine him as a pretender who is unworthy of the status he claims. Nowhere is this more evident than in the “Wheelchair Drake” memetic cluster, which uses an old Degrassi: The Next Generation promotional image of Graham sitting on a wheelchair, combined with humorous juxtaposition of rap lyrics, to critique Graham’s status as both a performer and a Black man. In various Wheelchair Drake memes, physical impairment becomes a living metaphor for a spoiled identity; the memes argue that, just like ableist imaginations of physically disabled people, Graham is doomed to a life of impotence and dependency. Built upon a sample of 583 user-generated images, coded into 9 thematic groups, this article excavates the latticed discourses of masculinity, disability and race that animate the Wheelchair Drake meme and consider the ways that this memetic cluster subjects Aubrey Graham to the strictures of ableist hegemonic masculinity.

Performance Analysis of Indie Gaming Projects on Crowdfunding Platforms: Evidence from Kickstarter.com

Research question: The aim of this paper is to examine the financial success of projects in game development industry in comparison with to projects in other industries hosted on crowdfunding platform Kickstarter.com. Motivation: We live in the world of technology where companies arise and disappear on daily basis. The traditional way of financing was expanded with alternative online platforms. Our goal was to conduct an empirical analysis of one crowdfunding platform (Kickstarter.com) in order to understand if technology projects are doing better than other projects. If they do, what are the key factors for their success? Idea: Our goal was to better understand how crowdfunding model supports small indie development projects and projects in other industries. Data: We used the data of 148.510 companies applied for crowdfunding financing between 2015 and 2020, published on the web crawler platform Web Robots. Tools: All statistical analyses were performed using statistical software IBM® SPSS® Statistics v.21. The data were presented using standard methods of non-parametric descriptive statistics (absolute and relative frequencies for medians and interquartile ranges for numeric outcomes). For testing of statistical significance of difference between two groups we used the Pearson´s Chi-Quadrat test and Mann-Whitney test, where appropriate. The effect size for the 2x2 analyses was estimated using Odds ratios. Findings: The paper analyses the financial success of gaming and not gaming projects and tries to identify key factors for successful funding. We found a statistically significant higher prevalence of successful financing in game development projects, with 2.3 times higher odds of successful funding compared to not-gaming industry. Our analysis of quantitative indicators such as the number of backers, goal amount, pledged amount, pledged amount per backer and pledged to goal ratio also showed that projects in game development statistically outperformed projects in other categories. Promising game projects were supported by three times more backers on average and attained almost as double funds as other projects, while still sporting more modest pledged amounts per backer. These findings support the notion of crowdfunding being a viable modality of financing independent game development in emerging economies. Contribution: This paper expands the existing research related to the crowdfunding platforms and indie development companies and formulates key factors for successful financing for technology startup firms.

Better Together? Examining the Impact of Official Secondary Ticketing Partnerships on Consumers’ Attitudes and Behaviors

To overcome the negative stigma due to their association with ticket fraud and price inflation, research has suggested secondary ticket market companies partner with professional sport leagues and teams. Moreover, such a partnership can increase revenues of the ticket market companies. However, additional research is needed to explore how official partnerships influence consumers’ attitudes and purchase intentions. Relevant findings clarify the mechanism through which official partnerships affect secondary ticket providers’ financial success and provide insight into consumers’ attitudes toward the ticket resale industry while informing the literature on the effectiveness of sponsorships. Th us, utilizing a multi-study design, the current research examines consumers’ perceptions of official partnerships and assesses their impact on purchase intentions. Also, given historical negative perceptions of the secondary ticket market, the current study investigates the mediating effects of perceived risk and the moderating effects of ticket price.

William Davenport, the Slave Trade, and Merchant Enterprise in Eighteenth-Century Liverpool

<p>This thesis examines the business history of William Davenport (1725-1797), a Liverpool slave trading merchant from 1748 until 1786. Through an examination of a recently discovered collection of Davenport's business papers and personal letters, this thesis places Davenport in the context of Liverpool's development as a slaving port, and the growth of the town's slaving merchant community. It explains how Davenport became one of the largest slaving merchants of his generation, and one of the wealthiest Guinea merchants in Liverpool's history. To explain Davenport's rise the thesis focuses on how he managed his slaving company. It studies two distinct areas of the Guinea coast where he traded for slaves - Old Calabar and Cameroon - and demonstrates how he cultivated merchant partners, and developed a supply chain of trading goods, to suit the unique conditions of both African markets. The thesis also explores Davenport's business profits by examining his returns from several different areas of investment, including the slave trade, the ivory trade and his speculation in financial securities. By building a composite picture of Davenport's diverse business concerns the thesis argues that the profits of the slave trade were crucial to his financial success. Davenport's enterprising expansion of the slave trade into the Cameroon in the 1750s was decisive in generating his slaving profits, and ultimately his wealth.</p>

William Davenport, the Slave Trade, and Merchant Enterprise in Eighteenth-Century Liverpool

<p>This thesis examines the business history of William Davenport (1725-1797), a Liverpool slave trading merchant from 1748 until 1786. Through an examination of a recently discovered collection of Davenport's business papers and personal letters, this thesis places Davenport in the context of Liverpool's development as a slaving port, and the growth of the town's slaving merchant community. It explains how Davenport became one of the largest slaving merchants of his generation, and one of the wealthiest Guinea merchants in Liverpool's history. To explain Davenport's rise the thesis focuses on how he managed his slaving company. It studies two distinct areas of the Guinea coast where he traded for slaves - Old Calabar and Cameroon - and demonstrates how he cultivated merchant partners, and developed a supply chain of trading goods, to suit the unique conditions of both African markets. The thesis also explores Davenport's business profits by examining his returns from several different areas of investment, including the slave trade, the ivory trade and his speculation in financial securities. By building a composite picture of Davenport's diverse business concerns the thesis argues that the profits of the slave trade were crucial to his financial success. Davenport's enterprising expansion of the slave trade into the Cameroon in the 1750s was decisive in generating his slaving profits, and ultimately his wealth.</p>

Determinants of Capital Adequacy Ratio of Banks in Botswana

Capital Adequacy Ratio (CAR) plays a very important role in the financial success of banks and acts as a buffer to prevent and absorb any unexpected losses. This study examines explanatory variables that influence CAR for nine banks in Botswana. Multiple linear regression was used for analysis, with CAR as the dependent variable and thirteen financial ratios as the independent variables. The study period is 2015-2019. Based on the data for this period, it was established that out of the thirteen financial ratios utilised, only four were found to have significant impact on the CAR of the nine banks under study, which are: Asset to Equity Ratio (A E), Return on Equity (ROE), Non-Performing Loans Ratio (NPL RATIO) and the Cost-to-Income Ratio (C I). The A E Ratio was found to be the most influential driver of the CAR and the NPL Ratio was found to be the least influential driver of the CAR for the banks under study.

ADAPTATION OF ANDRAGOGY IN THE EDUCATION SYSTEM OF BANGLADESH: EMULATING ANDRAGOGICAL APPROACHES OF SOUTH-EAST ASIA

<p>Andragogy is the art and science of assisting people in learning, as well as the study of adult education philosophy, procedures, and technology. Andragogy and economy have relation through adult education and higher education. Adult education and economic development strengthen one another. The objectives of this study are- to investigate situation of andragogy in particular fields of education of Bangladesh, to identify the ways about how approaches of andragogy in South-East Asia be redesigned in Bangladesh as a part of improvement or adaptation in those particular fields. The qualitative approach is followed in this study. Bangladesh along Vietnam and the Philippines are the countries identified as emerging economies. Situation of implementation of andragogical approach in particular educational areas of Bangladesh is not the way that is naturally expected from an emerging economy. Though andragogy has been successfully introduced and adapted in western especially European education system, as a country growing both economically and socially, Bangladesh just cannot blindly adopt the process because of the differences between economies of Bangladesh and European region. So, it will be rational to adapt and improvise the andragogical approaches followed by Bangladesh’s neighboring countries which are attaining financial success and have gone through similar economic phase that resembles to economy of Bangladesh. As education system of other South Asian countries is as fragmented as Bangladesh in the case of andragogy, South East Asian countries can be better inspiration.</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0851/a.php" alt="Hit counter" /></p>