Work, Economy and Organizations Commons^™

St. Paris, Ohio, Heartland Center For Leadership Development

Heartland Center for Leadership Development Materials

On the surface, St. Paris, Ohio, (population about 2,000) looks like hundreds of other small Midwestern farm towns—quiet and pleasant—a nice town to drive through on a Sunday afternoon. Like many communities, the town has enjoyed a “gentle growth” of about 4 % over the past ten years.

But underneath that traditional exterior, a persistent entrepreneurial spirit breeds new business with an aggressiveness that can be felt from the coffee shop to the farms that surround the town. Like many small towns in west-central Ohio, St. Paris enjoys a very diverse economic base that would be the envy of other …

Onaga, Kansas, Heartland Center For Leadership Development

Heartland Center for Leadership Development Materials

Leadership, entrepreneurship, wealth retention and youth development are all pieces of the recent successes of Onaga, Kansas, a very rural community of 704 people. Driving down Kansas Highway 16 and seeing the sign “Onaga, next five exits” would make you think it’s a large town. Indeed, it isn’t. But it’s the brainstorm of community developers who propose that adding such a series of signs would encourage more travelers to stop in.

“Onaga has a lot of assets that other communities would die for!” That is the sentiment of the part-time community development specialist for Onaga. This kind of sentiment is …

Flathead Reservation, Montana, Heartland Center For Leadership Development

Heartland Center for Leadership Development Materials

Looking out the window of a crowded office in Polson, Montana, one can picture a tipi village where the employee parking lot is now—a combination tourist attraction and outdoor sales show room for the traditional Plains-style tipis made by a local company that markets them throughout the nation. The company owner, and the person with the idea for selling the tipis, is a Native American who is a “serial” entrepreneur—someone who has started several businesses over time, then sells them off and starts another.

The Flathead Indian Reservation, which occupies more than one million acres from Montana’s scenic Flathead Lake …

Resiliency, Adversity, And Autonomy Experiences Of Sex Work Employees, Kaytlin R. Smith

Doctor of Psychology (PsyD)

When thinking of an individual employed as a sex worker, one may imagine two common media portrayals; a young, good-hearted, traumatized prostitute in need of saving, and the other a more experienced and perhaps culpable person “of the night” (Dalla, 2000). However, this dichotomous view fails to account for the autonomy of the worker, or adequately capture the complex range of motivations that bring individuals into the field (Chudakov, Ilan, Belmaker, & Cwikel, 2002). This research has been complicated by the criminalized nature of sex work, as well as common cultural moral objections to the services of this industry. This …

The Influence Of Gender On Female Business Owners In Ho Chi Minh City, Abby Busis

Independent Study Project (ISP) Collection

Ho Chi Minh City is commonly referred to as a developing business hub, largely due to the rapidly increasing number of private enterprises. Since the implementation of the Doi Moi in 1986, Vietnam’s private business sphere has grown tremendously, and women have played a large role in this development. Today, women own just under a quarter of formal enterprises in Vietnam, but this impressive statistic does not consider the many challenges these women have faced.

Through in-depth interviews with female business owners themselves, along with an online survey, this study determines how gender influences these business owners’ professional experiences. Gender …

El Empoderamiento Económico De Las Mujeres Y Los Programas Del Estado Argentino / The Economic Empowerment Of Women And Programs Of The Argentinian State, Kate Fulshaw

Independent Study Project (ISP) Collection

Esta investigación estudia dos programas nacionales del Estado argentino en relación al empoderamiento económico de las mujeres. Tiene un marco específico de economía feminista que reconoce el cargo del cuidado y los trabajos no remunerados de las mujeres, especialmente en los sectores populares. Este marco de economía feminista está usada para analizar cómo los programas del Estado, los comedores nacionales y Hacemos Futuro, interactúan con el empoderamiento económico de las mujeres. A través de entrevistas y revistas de literatura, identificó las maneras en que las mujeres participan en cada programa y los impactos cada tiene. Se encuentra que los dos …

The Mere Mention Of Asians In Affirmative Action, Jennifer Lee, Van C. Tran

Publications and Research

Presumed competent, U.S. Asians evince exceptional educational outcomes but lack the cultural pedigree of elite whites that safeguard them from bias in the labor market. In spite of their nonwhite minority status, Asians also lack the legacy of disadvantage of blacks that make them eligible beneficiaries of affirmative action. Their labor market disadvantage coupled with their exclusion from affirmative action programs place Asians in a unique bind: do they support policies that give preferences to blacks but exclude them? Given their self- and group interests, this bind should make Asians unlikely to do so. We assess whether this is the …

Stress And Well-Being At The Consumer-Employee Interface, Bonnie Simpson, Madelynn Stackhouse, Katherine White

Management and Organizational Studies Publications

Although stress has become a prominent research theme in consumer behavior and occupational health, to the authors knowledge there is only one review on the relationship between consumer behavior and stress (i.e., when internal and external factors exceed an individual’s resources and endangering the individual’s well-being) and this was published 10 years ago. Further, research on occupational stress has yet to be fully integrated into the consumer stress literature. In this chapter, the authors attempt to advance research on consumer stress by a drawing on a satisfaction mirror framework which outlines that consumers and employees influence each other through a …

Transforming Through Power: Teachers And The Negotiation Of Authority In Schools, Madhu Narayanan

Dissertations, Theses, and Capstone Projects

Schools are unique institutions where structural and cultural dynamics shape the actions of humans. Teachers work within structures of power to establish themselves as legitimate figures of authority worthy of the right to command respect. Such efforts are complicated by the multi-faceted and swirling relationships of power that exist everywhere in schools, defining and guiding individuals. In this study, I interview and observe the practice of seven secondary teachers working in New York City public schools. All in their third year of teaching, they were at an interesting time in their development, not novice teachers and not quite veteran. Using …

Tensions, Dilemmas, And Radical Possibility In Democratizing Teacher Unions: Stories Of Two Social Justice Caucuses In New York City And Philadelphia, Chloe Asselin

Dissertations, Theses, and Capstone Projects

This dissertation examines the tensions, dilemmas, and radical possibilities faced by two social justice caucuses in democratizing their teacher unions: the Movement of Rank-and-File Educators (MORE) in New York City and the Caucus of Working Educators (WE) in Philadelphia. It asks: What radical possibilities and structural constraints are generated and/or illuminated by educator activists in MORE and WE? To frame the research, this dissertation examines the historical, political, economic, and social contexts in which the caucuses exist and the daily realities that they face; provides an overview of educational and union politics in New York City and Philadelphia; and analyzes …

Emperor Of Work: Chinese Restaurants, Worker Subjectivities, And The New Regime Of Flexible Labor, Tommy Wu

Dissertations, Theses, and Capstone Projects

This study is an ethnographic exploration of Chinese immigrants who work in Chinese and Asian fusion restaurants across the country. Based on sixteen months of fieldwork using participant observations, interviews, and social media analysis, my research follows workers as they negotiate and contest the changing work arrangement of an industry that is largely invisible to the general public and to the state. Specifically, despite the industry’s astronomical growth in the last few decades, with estimates nearing 50,000 in the country, little is known about the social and economic organization that fuels the expansion. Further, it is also puzzling why the …

Runaway: A History Of Postwar New York In Four Factories, Andy Battle

Dissertations, Theses, and Capstone Projects

At midcentury, New York City was among the preeminent manufacturing centers in the United States. Within a generation, this manufacturing economy suffered an extraordinary collapse. Beginning in the 1950s, workers and their unions began to use the term “runaway” to describe factories that pulled up stakes in New York and set them back down in other climes. This dissertation explores the deindustrialization of New York City through case studies of “runaway” plants, or factories that left New York for the American South or abroad between the years 1945 and 1975.

In general, the manufacturers that remained in New York at …

Rich In Needs: The Forgotten Radical Politics Of The Welfare Rights Movement, Wilson Sherwin

Dissertations, Theses, and Capstone Projects

Situated temporally between the Civil Rights Movement and the Women’s Movement, the Welfare Rights Movement of the 1960s and 70s distinguished itself by its militant critique of waged labor. Returning to the movement’s archives I examine how the mostly poor, Black, female participants developed their “antiwork politics”, how they asserted their right to live not only meager but occasionally luxurious lives—demanding not only bread but also roses. In the courts, streets, welfare offices, department stores, policy proposals, and numerous internal debates, these women waged national battles to assert full autonomy over their families, consumption, sexuality, and their own time.

As …

Lessons Learned: James B. Lockhart Iii, Ben Henken, Dan Thompson

Journal of Financial Crises

Insights from discussions with James B. Lockhart III, who was the Director (CEO) and Chairman of the Oversight Board of the Federal Housing Finance Agency (FHFA) upon the agency’s creation on July 30, 2008. Topics include the conservatorships of Fannie Mae and Freddie Mac as well as other elements of the Bush Administration's 2008 crisis response activities.

Jpmorgan Chase London Whale H: Cross-Border Regulation, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

As a global financial service provider, JPMorgan Chase (JPM) is supervised by banking regulatory agencies in different countries. Bruno Iksil, the derivatives trader primarily responsible for the $6 billion trading loss in 2012, was based in JPM’s London office. This office was regulated both by the Office of the Comptroller of the Currency (OCC) of the United States (US) and by the Financial Services Authority (FSA), which served as the sole regulator of all financial services in the United Kingdom (UK). Banking regulators in the US and the UK have entered into agreements with one another to define basic parameters …

Jpmorgan Chase London Whale G: Hedging Versus Proprietary Trading, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

In December 2013, the primary United States financial regulatory agencies jointly adopted final rules to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which is often referred to as the “Volcker Rule”. Section 619 prohibits banks from engaging in activities considered to be particularly risky, including proprietary trading and owning hedge funds or private equity funds. Banking regulators designed the final rule against proprietary trading in part to prevent losses like the $6 billion London Whale loss that took place in 2012 at JPMorgan Chase. Given the controversial nature of the Volcker Rule, it is …

Jpmorgan Chase London Whale F: Required Securities Disclosures, Arwin G. Zeissler, Giulio Girardi, Andrew Metrick

Journal of Financial Crises

On April 13, 2012, JPMorgan Chase (JPM) Chief Financial Officer Douglas Braunstein took part in a conference call to discuss the bank’s first quarter 2012 earnings. Coming just a week after media reports first questioned the risks taken by JPM derivatives trader Bruno Iksil, Braunstein made a series of assertions about the trades. On May 10, JPM finalized its first quarter financial results, which included some disclosures regarding Iksil’s trading that were substantially different from Braunstein’s statements of April 13. At issue is whether the regulatory filings on April 13 and May 10, as well as verbal comments by Braunstein …

Jpmorgan Chase London Whale E: Supervisory Oversight, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

As a diversified financial service provider and the largest United States bank holding company, JPMorgan Chase (JPM) is supervised by multiple regulatory agencies. JPM’s commercial bank subsidiaries hold a national charter and therefore are regulated by the Office of the Comptroller of the Currency (OCC). Since the bank’s Chief Investment Office (CIO) invested the surplus deposits of JPM’s commercial bank units, the OCC was also CIO’s primary regulator. During the critical period from late January through March 2012, when CIO traders undertook the failed derivatives strategy that ultimately cost the bank $6 billion, JPM did not provide the OCC with …

Jpmorgan Chase London Whale D: Risk-Management Practices, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

JPMorgan Chase (JPM) prided itself on having the best risk-management practices in the financial industry, having survived the 2007-09 financial crisis in better shape than many competitors. Chief Executive Officer Jamie Dimon often spoke of the bank’s “fortress balance sheet.” A keen focus on risk management is vital to JPM’s longevity, as is the case with all highly leveraged financial institutions. However, the JPM Task Force that investigated the $6 billion 2012 London Whale trading loss concluded that risk-management practices at the bank’s Chief Investment Office (CIO), the unit in which the loss occurred, were given less scrutiny by senior …

Jpmorgan Chase London Whale C: Risk Limits, Metrics, And Models, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

Value at Risk (VaR) is one of the most commonly used ways to measure and monitor market risk. At JPMorgan Chase (JPM), very large derivative positions established by Bruno Iksil in the Synthetic Credit Portfolio (SCP) caused the bank’s Chief Investment Office (CIO) to exceed its VaR limit for four days in a row in January 2012. In response, the CIO changed to a new VaR model on January 30, which appeared to immediately reduce VaR by half. However, JPM soon discovered that this new VaR model had not been properly implemented and the bank went back to using the …