Monthly Archives: November 2016

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    Hedge funds are heavily involved in the distressed debt market

Hedge funds are heavily involved in the distressed debt market

Securities and Exchange Commission, by Scott S, under a CC-BY-2.0 licence
Debt restructurings (or loan amendments) can prove disruptive for a firm’s operations and have real effects on production and investment. Done successfully, restructurings help realize firm value, while failure to do so is detrimental to the firm and some — if not all — of its claimholders.

The effect of trading […]

Toxic workplaces impact health professionals

Doctor, by unsplash.com, via Pexels, under a CC0 licence
If 2015 was the year of compassion in healthcare, then 2016 has been the year of resilience. In the context of austerity, the only response deemed appropriate is, it appears, to ‘man up’.

It is now mainstream to talk about resilience in the plans for helicopter routes across London and school curricula for five-year […]

Find your own inner power

Woman staring out the window, by Rhoda Baer (photographer) for the US NIH, Public Domain
There are three of them and one of me. They sit across the table, watching me intently, weighing up my best-attempt responses to their relentless line of questioning. Judge, jury and executioner – and me, interview candidate for the umpteenth time in as many months, honest witness […]

Planetary Gentrification – Book Review

Planetary Gentrification. Loretta Lees, Hyun Bang Shin and Ernesto López-Morales. Polity. 2016.

Find this book: 

With the same three authors, Planetary Gentrification may be seen as a companion to the 2015 volume, Global Gentrifications: Uneven Development and Displacement, giving a more unified discussion of how to join gentrification debates to current urban theory, of moving beyond the ‘usual suspects’ and ‘heartlands’ […]

Let Mark Carney do his job

Serpentines, by Unsplash, under a CC0 licence
A series of Halloween monetary policy stories emerged over the weekend. Both The Sunday Times and The Financial Times reported that Governor of the Bank of England Mark Carney, is under pressure to leave his job. This speculative but certainly destructive noise about Carney’s possible departure gained momentum after Theresa May warned of […]

Women who quit their careers: a group rarely investigated

Photo by unsplash.com, under a CC0 licence
Diversity and gender equality programmes are now a well-established feature of leading employers’ human resources strategies. Supporting women to remain in the workplace and achieve senior leadership positions is regarded increasingly as not just ‘right’ but also profitable – there is a business case for creating and maintaining a diverse workforce.

However, the focus in […]

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    Chinese leaders walk a tightrope on market reforms amid slowdown

Chinese leaders walk a tightrope on market reforms amid slowdown

Nanjing Road-Shanghai, by Khalid Albaih, under a CC-BY-2.0 licence
In August 2015, Chinese leaders announced policy changes aimed at making their currency more attuned to market forces. At first glance, the move seemed to fulfil a pledge made by President Xi Jinping in 2013 to give markets a “decisive” role in the economy. But the government coupled its plans with a […]

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    Investing in the future of the UK: LSE relaunches its Growth Commission

Investing in the future of the UK: LSE relaunches its Growth Commission

© Copyright Martyn Pattison and licensed for reuse under this Creative Commons Licence
The LSE Growth Commission was set up in 2012 to provide authoritative and evidence-based policy recommendations that target sustainable and inclusive long-term growth in the UK. In 2013 the Commission published a Report, Investing for Prosperity: A Manifesto for Growth, which focused on three main areas where […]

Flourishing at work is all about relationships

StoryCorps 2009/2010, by Alejandro De La Cruz, under a CC-BY-NC-2.0 licence
Pressing deadlines, endless meetings, micro-managing bosses. . . workplace stressors often leave employees feeling mentally drained and physically exhausted. But can we go from languishing to flourishing at work? Our recently published paper says: Yes! The key is to form positive work relationships. Based on over 200 stories we collected from […]

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    Exporters to countries that value CEO power will have more powerful CEOs

Exporters to countries that value CEO power will have more powerful CEOs

Silicon Valley from above, by Patrick Nouhailler, under a CC-BY-SA-2.0 licence
Corporate governance scholars have long argued that a board of directors can serve a legitimising role for their organisation. But strong CEO power, in their view, can be de-legitimating because of its non-compliance with “good governance” principles.
By legitimacy, in corporate governance terms, we mean that there is a perception that […]

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    The more men know about work gender inequality, the more they act as advocates

The more men know about work gender inequality, the more they act as advocates

Photo by startupstockphotos.com, under a CCO licence
In the workplace and society, being male has innate advantages, even though this ‘male privilege’ can be difficult to see and recognise. This privilege is rooted in organisational talent management systems, which may be biased in ways that disadvantage women and promote people who mirror the current senior leadership team.

It can be hard for […]

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    How Chinese firms reacted when told to change their share ownership structures

How Chinese firms reacted when told to change their share ownership structures

Lujiazui Finance and Trade Zone, by Suvcon, under a CC-BY-2.0 licence
You probably know that many new rules were put in place soon after the 2008/2009 financial crisis in order to prevent excessive risk taking and ethically questionable transactions by the financial sector. Did the banks follow the rules? The obvious answer would be yes, at least for many people. Banks […]