Daniel Maul - Böcker

This book is the first comprehensive account of the International Labour Organization’s 100-year history. At its heart is the concept of global social policy, which encompasses not only social policy in its national and international dimensions, but also development policy, world trade, international migration and human rights. The book focuses on the ILO’s roles as a key player in debates on poverty, social justice, wealth distribution and social mobility subjects and as a global forum for addressing these issues. The study puts in perspective the manifold ways in which the ILO has helped structure these debates and has made – through its standard-setting, technical cooperation and myriad other activities – practical contributions to the world of work and to global social policy.

This book provides the first comprehensive history of the American Friends Service Committee (AFSC), the central aid agency of the Religious Society of Friends or Quakers, from 1917 to 1945. Implying a thoroughly transnational approach, it sheds a light on the important role American Quakers played in the emergence of a humanitarian sector both within the USA and beyond. Through the Quaker lens the book adresses important tensions inherent to the history of humanitarianism in the 20th century: Following the AFSCs aid operations from the First World War, through post-war Germany and Soviet Russia to the Spanish Civil War and into the Second World War, it deals with the AFSC’s conflicting roles as a specifically American aid organization on the one hand and its position within transnational religious and pacifist networks on the other and it opens a window to processes of professionalization, the development of a humanitarian “market place” and the complex relationship of religious and secular strands in the history of international relief.

Despite the growing importance of funds through corporate bonds, most investigations on the short-term effects of certain events on firm value are only conducted for stocks. Thus, research provides an incomplete view on how firm value is truly affected. The author fills this gap and focuses his research on corporate debt. The first section of the book provides a comprehensive overview of existing methodologies to calculate abnormal bond returns. Subsequently, two frameworks are selected to investigate the importance of corporate debt when empirically assessing major corporate events: Synergy disclosure at M&A announcements and debt offerings through reopenings. Both provide evidence for the necessity to regard corporate debt to fully assess changes in firm value.