Ashby Monk
Biographic Data
| ID | 3720334 |
|---|---|
| NAME | Ashby Monk |
| GIVEN NAMES | Ashby |
| FAMILY NAME | Monk |
| SIGNATURE | MONK A |
| AFFILIATIONS | University of Oxford |
| VERIFIED | No |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 103 |
| AUTHOR COUNT | 16 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 6 |
Who do sovereign wealth funds say they are? Using structural topic modeling to delineate variegated capitalism in their official reports
Sovereign Wealth Funds (SWFs) are an emerging community of investment organizations, subject to the conflicting demands of international and domestic institutions. From the lens of variegated capitalism, one can explain their diversity and apparent contradictions by underlining how they embody negotiations between global and local institutional pressures. Many SWFs now publish official reports, which represents a unique opportunity to analyze how…
Demystifying "localness" of infrastructure assets: Crowdfunders as local intermediaries for global investors
Infrastructure assets are networked, urban products that can only be understood through their social, economic, and physical geographies. Because of this, they remain difficult to value and monitor. Recently, financialization of infrastructure assets has codified this information for larger capital markets. But the local knowledge needed to understand local infrastructure assets (LIAs), smaller urban products that are closely intertwined in a com…
State and Local Pension Fund Governance and the Process of Contracting for Investment Services: The Scope of Diversity and the Problem of Embeddedness
US state and local public employee retirement systems (PERS) utilise various models of contract with distinctive features in their form and substantive content in relation to industry norms. These models differ between states, within states, and even between PERS within major metropolitan areas. Diversity goes against expectations to the effect that the sector relies upon commonly accepted investment management agreements (IMAs), given the simila…
Frontier Finance
A growing community of long-time-horizon institutional investors that includes sovereign wealth funds, pension funds, and other beneficiary institutions located in cities outside of the major international financial centers (IFCs) is pushing back against the misaligned incentives and power asymmetries present in the for-profit asset management industry. This expanding group of beneficiary institutions, which we define as frontier investors, is re…
The scope of financial institutions: In-sourcing, outsourcing and off-shoring
Journal Article The scope of financial institutions: in-sourcing, outsourcing and off-shoring Get access Gordon L. Clark, Gordon L. Clark † **Smith School of Enterprise and the Environment, University of Oxford, Hinshelwood Road, Oxford OX1 3QY, UK****Faculty of Business and Economics, Monash University, Caulfield VIC 3142, Australia †Corresponding author: Gordon L. Clark, Smith School of Enterprise and the Environment, OUCE, University of Oxford…
Financial Institutions, Information, and Investing-At-A-Distance
Seminal papers on the firm emphasise the benefits of in-sourcing over out-sourcing services from the market. This provides a rationale for the growth of firms, especially in circumstances of market risk and uncertainty concerning the price and quantity of available services. This model is less successful when considering what firms do and where they do it, given their assets and the complementarities between related activities. In this paper we d…
Rethinking the sovereign in sovereign wealth funds
Nation‐states are increasingly sharing sovereignty, both with other states and with supranational and non‐governmental institutions. This is partly due to a long period of economic and financial globalisation, which has undercut territorial notions of sovereignty and varieties of capitalism. In trying to understand this phenomenon, we are drawn to sovereign wealth funds (SWFs), as they offer a unique lens into the changing dynamics of contemporar…
Sovereignty in the Era of Global Capitalism: The Rise of Sovereign Wealth Funds and the Power of Finance
Over the past few decades, the institutional logics of the capitalist market and the bureaucratic state have been pushed into association at an increasing rate through processes we have come to know as 'globalization' and 'financialization'. The power of financial markets threatens governments around the world, from the communist to the most conservative. In response, governments have sought ways of realizing their interests in a rapidly changing…
Government of Singapore Investment Corporation (GIC): Insurer of last resort and bulwark of nation-state legitimacy
The global financial crisis has shattered many illusions, one of which being that sovereign wealth funds (SWFs) are properly treated as arms-length investment institutions subject only to global standards of good governance. In fact, in a number of East Asian countries SWFs have acted as ‘insurers of last resort’ for their nation-states underwriting financial stability and social welfare. In this paper, we explain how and why this came to pass, a…
The Legitimacy and Governance of Norway's Sovereign Wealth Fund: The Ethics of Global Investment
The Norwegian Government Pension Fund-Global is one of the world's largest sovereign wealth funds and is one of the most transparent institutions of its kind. It also has an explicit mission aimed at integrating long-term investment with a two-sided ethical commitment: to corporate engagement according to accepted global principles of best-practice corporate governance, and to ensuring that the fund is not associated with companies that pose a ri…
The emerging market for intellectual property: Drivers, restrainers, and implications
Journal Article The emerging market for intellectual property: drivers, restrainers, and implications Get access Ashby H. B. Monk Ashby H. B. Monk **Research Fellow, Oxford University Centre for the Environment, University of Oxford. Search for other works by this author on: Oxford Academic Google Scholar Journal of Economic Geography, Volume 9, Issue 4, July 2009, Pages 469–491, https://doi.org/10.1093/jeg/lbp003 Published: 15 February 2009 Arti…
Recasting the Sovereign Wealth Fund Debate: Trust, Legitimacy, and Governance
The power of finance: Accounting Harmonization's Effect on Pension Provision
Journal Article The power of finance: accounting harmonization's effect on pension provision Get access Adam D. Dixon, Adam D. Dixon **University of Oxford, School of Geography and the Environment, South Parks Road, Oxford OX1 3QY, UK. email Search for other works by this author on: Oxford Academic Google Scholar Ashby H. B. Monk Ashby H. B. Monk ****University of Oxford, School of Geography and the Environment, and Boston College, Center for Ret…
The Geography of Pension Liabilities and Fund Governance in the United States
If finance is the engine driving economic and geographic change, then pensions are its primary vehicle. On the one hand, pension-plan assets, which approached US$18 trillion in 2005 for OECD countries, are having global impacts on financial markets. On the other hand, pension-plan liabilities, larger than the assets in nominal terms, are also having dramatic impacts on plan sponsors. If assets are not properly managed, pension liabilities can thr…
The interplay between social welfare and competitiveness: The case of Canadian Medicare
The Knot of Contracts: The Corporate Geography of Legacy Costs
Burdensome past commitments are threatening a concentrated group of industries and communities, predominantly in the U.S. Midwest. Beginning with the bankruptcy of Delphi Corporation, this article documents the crisis for "old-economy firms" with significant legacy costs. To understand the root causes of this legacy crisis, the analysis builds on previous research in economic geography and the results of a widely subscribed and unique "expert opi…
Rethinking the sovereign in sovereign wealth funds
Nation‐states are increasingly sharing sovereignty, both with other states and with supranational and non‐governmental institutions. This is partly due to a long period of economic and financial globalisation, which has undercut territorial notions of sovereignty and varieties of capitalism. In trying to understand this phenomenon, we are drawn to sovereign wealth funds (SWFs), as they offer a unique lens into the changing dynamics of contemporar…
The power of finance: Accounting Harmonization's Effect on Pension Provision
Journal Article The power of finance: accounting harmonization's effect on pension provision Get access Adam D. Dixon, Adam D. Dixon **University of Oxford, School of Geography and the Environment, South Parks Road, Oxford OX1 3QY, UK. email Search for other works by this author on: Oxford Academic Google Scholar Ashby H. B. Monk Ashby H. B. Monk ****University of Oxford, School of Geography and the Environment, and Boston College, Center for Ret…
Recasting the Sovereign Wealth Fund Debate: Trust, Legitimacy, and Governance
The scope of financial institutions: In-sourcing, outsourcing and off-shoring
Journal Article The scope of financial institutions: in-sourcing, outsourcing and off-shoring Get access Gordon L. Clark, Gordon L. Clark † **Smith School of Enterprise and the Environment, University of Oxford, Hinshelwood Road, Oxford OX1 3QY, UK****Faculty of Business and Economics, Monash University, Caulfield VIC 3142, Australia †Corresponding author: Gordon L. Clark, Smith School of Enterprise and the Environment, OUCE, University of Oxford…
Government of Singapore Investment Corporation (GIC): Insurer of last resort and bulwark of nation-state legitimacy
The global financial crisis has shattered many illusions, one of which being that sovereign wealth funds (SWFs) are properly treated as arms-length investment institutions subject only to global standards of good governance. In fact, in a number of East Asian countries SWFs have acted as ‘insurers of last resort’ for their nation-states underwriting financial stability and social welfare. In this paper, we explain how and why this came to pass, a…
Sovereignty in the Era of Global Capitalism: The Rise of Sovereign Wealth Funds and the Power of Finance
Over the past few decades, the institutional logics of the capitalist market and the bureaucratic state have been pushed into association at an increasing rate through processes we have come to know as 'globalization' and 'financialization'. The power of financial markets threatens governments around the world, from the communist to the most conservative. In response, governments have sought ways of realizing their interests in a rapidly changing…
Frontier Finance
A growing community of long-time-horizon institutional investors that includes sovereign wealth funds, pension funds, and other beneficiary institutions located in cities outside of the major international financial centers (IFCs) is pushing back against the misaligned incentives and power asymmetries present in the for-profit asset management industry. This expanding group of beneficiary institutions, which we define as frontier investors, is re…
Financial Institutions, Information, and Investing-At-A-Distance
Seminal papers on the firm emphasise the benefits of in-sourcing over out-sourcing services from the market. This provides a rationale for the growth of firms, especially in circumstances of market risk and uncertainty concerning the price and quantity of available services. This model is less successful when considering what firms do and where they do it, given their assets and the complementarities between related activities. In this paper we d…
The Legitimacy and Governance of Norway's Sovereign Wealth Fund: The Ethics of Global Investment
The Norwegian Government Pension Fund-Global is one of the world's largest sovereign wealth funds and is one of the most transparent institutions of its kind. It also has an explicit mission aimed at integrating long-term investment with a two-sided ethical commitment: to corporate engagement according to accepted global principles of best-practice corporate governance, and to ensuring that the fund is not associated with companies that pose a ri…
The Geography of Pension Liabilities and Fund Governance in the United States
If finance is the engine driving economic and geographic change, then pensions are its primary vehicle. On the one hand, pension-plan assets, which approached US$18 trillion in 2005 for OECD countries, are having global impacts on financial markets. On the other hand, pension-plan liabilities, larger than the assets in nominal terms, are also having dramatic impacts on plan sponsors. If assets are not properly managed, pension liabilities can thr…
The Knot of Contracts: The Corporate Geography of Legacy Costs
Burdensome past commitments are threatening a concentrated group of industries and communities, predominantly in the U.S. Midwest. Beginning with the bankruptcy of Delphi Corporation, this article documents the crisis for "old-economy firms" with significant legacy costs. To understand the root causes of this legacy crisis, the analysis builds on previous research in economic geography and the results of a widely subscribed and unique "expert opi…
State and Local Pension Fund Governance and the Process of Contracting for Investment Services: The Scope of Diversity and the Problem of Embeddedness
US state and local public employee retirement systems (PERS) utilise various models of contract with distinctive features in their form and substantive content in relation to industry norms. These models differ between states, within states, and even between PERS within major metropolitan areas. Diversity goes against expectations to the effect that the sector relies upon commonly accepted investment management agreements (IMAs), given the simila…
Who do sovereign wealth funds say they are? Using structural topic modeling to delineate variegated capitalism in their official reports
Sovereign Wealth Funds (SWFs) are an emerging community of investment organizations, subject to the conflicting demands of international and domestic institutions. From the lens of variegated capitalism, one can explain their diversity and apparent contradictions by underlining how they embody negotiations between global and local institutional pressures. Many SWFs now publish official reports, which represents a unique opportunity to analyze how…
The emerging market for intellectual property: Drivers, restrainers, and implications
Journal Article The emerging market for intellectual property: drivers, restrainers, and implications Get access Ashby H. B. Monk Ashby H. B. Monk **Research Fellow, Oxford University Centre for the Environment, University of Oxford. Search for other works by this author on: Oxford Academic Google Scholar Journal of Economic Geography, Volume 9, Issue 4, July 2009, Pages 469–491, https://doi.org/10.1093/jeg/lbp003 Published: 15 February 2009 Arti…
The interplay between social welfare and competitiveness: The case of Canadian Medicare
The interplay between social welfare and competitiveness: The case of Canadian Medicare
The Knot of Contracts: The Corporate Geography of Legacy Costs
Burdensome past commitments are threatening a concentrated group of industries and communities, predominantly in the U.S. Midwest. Beginning with the bankruptcy of Delphi Corporation, this article documents the crisis for "old-economy firms" with significant legacy costs. To understand the root causes of this legacy crisis, the analysis builds on previous research in economic geography and the results of a widely subscribed and unique "expert opi…
The emerging market for intellectual property: Drivers, restrainers, and implications
Journal Article The emerging market for intellectual property: drivers, restrainers, and implications Get access Ashby H. B. Monk Ashby H. B. Monk **Research Fellow, Oxford University Centre for the Environment, University of Oxford. Search for other works by this author on: Oxford Academic Google Scholar Journal of Economic Geography, Volume 9, Issue 4, July 2009, Pages 469–491, https://doi.org/10.1093/jeg/lbp003 Published: 15 February 2009 Arti…
Recasting the Sovereign Wealth Fund Debate: Trust, Legitimacy, and Governance
The power of finance: Accounting Harmonization's Effect on Pension Provision
Journal Article The power of finance: accounting harmonization's effect on pension provision Get access Adam D. Dixon, Adam D. Dixon **University of Oxford, School of Geography and the Environment, South Parks Road, Oxford OX1 3QY, UK. email Search for other works by this author on: Oxford Academic Google Scholar Ashby H. B. Monk Ashby H. B. Monk ****University of Oxford, School of Geography and the Environment, and Boston College, Center for Ret…
The Geography of Pension Liabilities and Fund Governance in the United States
If finance is the engine driving economic and geographic change, then pensions are its primary vehicle. On the one hand, pension-plan assets, which approached US$18 trillion in 2005 for OECD countries, are having global impacts on financial markets. On the other hand, pension-plan liabilities, larger than the assets in nominal terms, are also having dramatic impacts on plan sponsors. If assets are not properly managed, pension liabilities can thr…
Government of Singapore Investment Corporation (GIC): Insurer of last resort and bulwark of nation-state legitimacy
The global financial crisis has shattered many illusions, one of which being that sovereign wealth funds (SWFs) are properly treated as arms-length investment institutions subject only to global standards of good governance. In fact, in a number of East Asian countries SWFs have acted as ‘insurers of last resort’ for their nation-states underwriting financial stability and social welfare. In this paper, we explain how and why this came to pass, a…
The Legitimacy and Governance of Norway's Sovereign Wealth Fund: The Ethics of Global Investment
The Norwegian Government Pension Fund-Global is one of the world's largest sovereign wealth funds and is one of the most transparent institutions of its kind. It also has an explicit mission aimed at integrating long-term investment with a two-sided ethical commitment: to corporate engagement according to accepted global principles of best-practice corporate governance, and to ensuring that the fund is not associated with companies that pose a ri…
Rethinking the sovereign in sovereign wealth funds
Nation‐states are increasingly sharing sovereignty, both with other states and with supranational and non‐governmental institutions. This is partly due to a long period of economic and financial globalisation, which has undercut territorial notions of sovereignty and varieties of capitalism. In trying to understand this phenomenon, we are drawn to sovereign wealth funds (SWFs), as they offer a unique lens into the changing dynamics of contemporar…
Sovereignty in the Era of Global Capitalism: The Rise of Sovereign Wealth Funds and the Power of Finance
Over the past few decades, the institutional logics of the capitalist market and the bureaucratic state have been pushed into association at an increasing rate through processes we have come to know as 'globalization' and 'financialization'. The power of financial markets threatens governments around the world, from the communist to the most conservative. In response, governments have sought ways of realizing their interests in a rapidly changing…
The scope of financial institutions: In-sourcing, outsourcing and off-shoring
Journal Article The scope of financial institutions: in-sourcing, outsourcing and off-shoring Get access Gordon L. Clark, Gordon L. Clark † **Smith School of Enterprise and the Environment, University of Oxford, Hinshelwood Road, Oxford OX1 3QY, UK****Faculty of Business and Economics, Monash University, Caulfield VIC 3142, Australia †Corresponding author: Gordon L. Clark, Smith School of Enterprise and the Environment, OUCE, University of Oxford…
Financial Institutions, Information, and Investing-At-A-Distance
Seminal papers on the firm emphasise the benefits of in-sourcing over out-sourcing services from the market. This provides a rationale for the growth of firms, especially in circumstances of market risk and uncertainty concerning the price and quantity of available services. This model is less successful when considering what firms do and where they do it, given their assets and the complementarities between related activities. In this paper we d…
State and Local Pension Fund Governance and the Process of Contracting for Investment Services: The Scope of Diversity and the Problem of Embeddedness
US state and local public employee retirement systems (PERS) utilise various models of contract with distinctive features in their form and substantive content in relation to industry norms. These models differ between states, within states, and even between PERS within major metropolitan areas. Diversity goes against expectations to the effect that the sector relies upon commonly accepted investment management agreements (IMAs), given the simila…
Frontier Finance
A growing community of long-time-horizon institutional investors that includes sovereign wealth funds, pension funds, and other beneficiary institutions located in cities outside of the major international financial centers (IFCs) is pushing back against the misaligned incentives and power asymmetries present in the for-profit asset management industry. This expanding group of beneficiary institutions, which we define as frontier investors, is re…
Demystifying "localness" of infrastructure assets: Crowdfunders as local intermediaries for global investors
Infrastructure assets are networked, urban products that can only be understood through their social, economic, and physical geographies. Because of this, they remain difficult to value and monitor. Recently, financialization of infrastructure assets has codified this information for larger capital markets. But the local knowledge needed to understand local infrastructure assets (LIAs), smaller urban products that are closely intertwined in a com…
Who do sovereign wealth funds say they are? Using structural topic modeling to delineate variegated capitalism in their official reports
Sovereign Wealth Funds (SWFs) are an emerging community of investment organizations, subject to the conflicting demands of international and domestic institutions. From the lens of variegated capitalism, one can explain their diversity and apparent contradictions by underlining how they embody negotiations between global and local institutional pressures. Many SWFs now publish official reports, which represents a unique opportunity to analyze how…
Economics (14 works) · Finance (10 works) · Political science (10 works) · Business (9 works) · Housing, Finance, and Neoliberalism (9 works) · Politics (8 works) · Law (7 works) · State Capitalism and Financial Governance (7 works) · Corporate governance (6 works) · Law (6 works)