To see the other types of publications on this topic, follow the link: Goss (Firm).
Journal articles on the topic 'Goss (Firm)'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Goss (Firm).'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Hmaittane, Abdelmajid, Kais Bouslah, and Bouchra M’Zali. "Does corporate social responsibility affect the cost of equity in controversial industry sectors?" Review of Accounting and Finance 18, no. 4 (November 11, 2019): 635–62. http://dx.doi.org/10.1108/raf-09-2018-0184.
Full textAbstract:
Purpose This paper aims to examine whether corporate social responsibility influences the cost of equity capital of firms operating in controversial industry sectors. Design/methodology/approach This paper computes the ex-ante cost of equity capital implied in analyst earnings forecasts and stock prices for a sample of 2,006 US firm-year observations belonging to controversial industry sectors (alcohol, tobacco, gambling, military, firearms, nuclear power, oil and gas, cement and biotechnology) during the period 1991-2012. The baseline regression model links CSR score to the implied cost of equity capital (ICC) and controls for firm-specific characteristics, industry factors and economic or market-wide factors. This model enables to capture the differential effect of CSR on ICC when the firm belongs to a specific sector of the controversial industries by adding an interaction term between CSR and the dummy variable representing this belonging. Findings The findings show two main results. First, CSR engagement significantly reduces the implied cost of equity capital (ICC) in all controversial industry sectors, taken as a group, as well as in each one of these sectors individually. Second, this effect is more pronounced when the firm belongs to the alcohol and tobacco industry sectors. Practical implications The findings have two important practical implications. First, they should increase managers’ confidence and incentives, in controversial industry sectors, to pursue CSR activities. Second, policymakers can encourage managers to undertake CSR initiatives in controversial industry sectors through tax incentives (e.g. reduce taxes for CSR related investment projects). Originality/value This paper extends prior studies that investigate the perceptions of capital market participants of firm’s CSR commitment (Sharfman and Fernando, 2008; Goss and Roberts, 2011; El Ghoul et al., 2011; Jo and Na, 2012; Bouslah et al., 2013) by examining the effect of CSR on ICC in the controversial industry sectors. It contributes to the debate around the relevance of CSR in controversial sectors by providing evidence of the reduction effect of CSR activities on ICC in controversial industries and by showing that this reduction impact is more pronounced when the firm belongs to alcohol, tobacco industry sectors.
2
Jeacle, Ingrid. "“And the BAFTA goes to […]”: the assurance role of the auditor in the film awards ceremony." Accounting, Auditing & Accountability Journal 27, no. 5 (June 2, 2014): 778–808. http://dx.doi.org/10.1108/aaaj-03-2013-1252.
Full textAbstract:
Purpose – The purpose of this paper is to examine the role of the Official Scrutineer in the annual film awards ceremony of the British Academy of Film and Television Arts (BAFTA), a role currently occupied by the audit firm Deloitte. The case of BAFTA provides an illustrative example of the increasing demand for discretionary assurance services from audit firms (Free et al., 2009), which in turn is reflective of Power's (1997) “audit society”. It showcases the power of audit as a legitimating tool. The paper seeks to understand the role of the auditor as assurance provider by drawing upon Goffman's (1959) dramaturgical framework. Viewing the auditor as “performer” and a range of interested stakeholders (BAFTA voting members, sponsors, award winners and industry commentators) as the “audience”, this theoretical lens facilitates insights into the nature of assurance provision. Design/methodology/approach – The paper gathers interview data from within the case organization (BAFTA), it's Official Scrutineers (Deloitte), BAFTA voting members, sponsors, award winners and film industry commentators. Findings – Drawing on Goffman's (1959) work on impression management to inform its theoretical argumentation, the analysis of results from 36 interviews indicates that Deloitte are highly effective in delivering a successful performance to their audience; they convey a very convincing impression of trust and assurance. The paper therefore suggests the importance of performance ritual in the auditor's role as assurance provider. Additionally, it argues that such a performance may be particularly effective, in the eyes of the audience, when played by a well known audit firm. Originality/value – The paper highlights the expanding territorial scope of assurance provision by audit firms. By focusing on a glamorous media event, it also furthers an understanding of the role of accounting within the domain of popular culture.
3
Pacheco, Henrique, Angela da Rocha, and Jorge Ferreira da Silva. "Cosac Naify: a small Brazilian publishing house goes abroad." CASE Journal 13, no. 3 (May 2, 2017): 360–76. http://dx.doi.org/10.1108/tcj-07-2016-0057.
Full textAbstract:
Synopsis The case describes the efforts of a small Brazilian publishing house to export its products to foreign markets. In fact, after several years of losses, the firm has undergone substantial restructuring and hired a new CEO, reaching modest profitability. The challenge faced by the new management team includes, in addition to keeping the firm financially healthy, to develop an international orientation, to mobilize the resources, and to develop a new strategy to go international. Research methodology The case uses primary and secondary sources, including articles from business magazines and newspapers, company site, and data from Brazilian trade organizations, Brazilian federal government, International Trade Center, International Publishers Association, and an interview with the new CEO of the firm, in charge of developing its international activities. The use of different sources permitted triangulation. Relevant courses and levels The case is designed for use in undergraduate and graduate programs in courses related to international marketing, international business, entrepreneurship, and international entrepreneurship. Theoretical bases The case can be used to discuss the role of networks in the internationalization of the firm and the issue of distance to foreign markets (Ghemawat, 2001), using Ghemawats CAGE model. The case can also be utilized to examine barriers to the internationalization of smaller firms (Leonidou et al., 2007; Kahiya, 2013).
4
Setiawan, Doddy, Bandi Bandi, Lian Kee Phua, and Irwan Trinugroho. "Ownership structure and dividend policy in Indonesia." Journal of Asia Business Studies 10, no. 3 (August 1, 2016): 230–52. http://dx.doi.org/10.1108/jabs-05-2015-0053.
Full textAbstract:
Purpose This research aims to examine the effect of ownership structure on dividend policy using the Indonesian context. The most common ownership structure is concentrated in the hand of family owners except in the UK and USA (La Porta et al., 1998, 2000). Family owners hold more than half of the companies in Indonesia (Carney & Child, 2013; Claessens et al., 2000). Family firms play an important role in Indonesia. Another important characteristic that emerges is the rise of government- and foreign-controlled firms in Indonesia. Thus, this research also divides ownership concentration into family firms, government-controlled and foreign-controlled firms. Design/methodology/approach Samples of this research consist of dividend announcements during 2006-2012 in Indonesian Stock Exchange. This research excluded financial data because these have characteristics that are different non-financial sectors’ characteristics. The final sample of this research consists of a 710 firm-year observation. Findings The result of this research shows that ownerships have a positive effect on dividend payout. This research divides the sample into family-controlled firms, government-controlled firms (GOEs) and foreign-controlled firms. This research shows that government- and foreign-controlled firms have a positive impact on dividend payout. However, family firms have a negative effect on the dividend payout. Family firms pay lower dividends because they prefer to control it themselves. Family firms earn benefit from those resources, but at the expense of minority shareholders. Thus, family firms engage in expropriation to minority shareholders. Research limitations/implications This study focuses on ownership structure of Indonesian listed firm. This study does not analyze the impact of other corporate governance mechanism such as board structure on dividend decisions. The owner of the companies (family, government and foreign firm) has an opportunity to put their member as part of board members. However, this study does not analyze the impact of board structure on dividend decisions. Originality/value This study provides evidence that ownership concentration positively affects dividend payout. However, there is a different effect of ownership structure (family-controlled firms, GOEs and foreign-controlled firm). Government- and foreign-controlled have a positive effect; however, family-controlled firm have a negative effect on dividend payout. Therefore, this study provides evidence of the importance of ownership structure on dividend decision.
5
T.A. Moraes, Sylvia, and Angela da Rocha. "Alpha Tech: a Brazilian software firm goes international." Management Decision 52, no. 9 (October 14, 2014): 1680–702. http://dx.doi.org/10.1108/md-10-2013-0561.
Full textAbstract:
Purpose – This strategy-learning case traces the growth of AlphaTech, a publicly traded company in Brazil that is a management software company. The purpose of this paper is to debate whether or not the firm should give more emphasis to internationalization, given its high market share in Brazil, where further gains may be very expensive and difficult. The case is intended to serve as a vehicle to discuss the internationalization process of a software firm from an emerging economy. Design/methodology/approach – The case was built using several sources of information, including interviews with two executives in charge of the firm's internationalization process, articles in business newspapers and magazines, a book written by the firm co-founders, reports, and information gathered in the internet. Findings – The main issues posed by this case study are: first, the difficulties faced by an emerging market firm to get a sustainable position in international markets; second, the challenges of competing with powerful global multinational corporations (such as SAP and Oracle) in the international marketplace; and third, the need to adapt the firm's international strategy to new threats and opportunities. Originality/value – The Brazilian context differs from other BRICS, since Brazilian software firms do not have access to low-cost labor and therefore cannot adopt a low price strategy to compete effectively in international markets, but rather need to build unique capabilities to overcome liabilities of foreignness.
6
Lujan Salazar, Luis Armando, and Gonzalo Maldonado Guzman. "The Definition of Firm Boundaries and Its Impact on Sustainability." Journal of Management and Sustainability 7, no. 2 (May 30, 2017): 126. http://dx.doi.org/10.5539/jms.v7n2p126.
Full textAbstract:
The way in which the boundaries of a firm are defined also determines its responsibilities. Besides the firm’s goals of profitability and survival, there are implications beyond its physical boundaries, such as sustainability. There are several definitions of the boundaries of a firm, each one with its own implications. Considering external resources related to the firm may allow decision makers to take responsibility for what takes place beyond its frontiers. Because firms are not isolated, sustainability goes beyond the boundaries of the firm and requires incorporating external factors.The relation of a firm with its external factors can be established in several dimensions; one of them is considering the relation of the firm with its environment. In this study, we reviewed literature on firm boundaries and found out that the boundaries, limits, and responsibilities of firms are not sharply defined. An interesting point is that the boundaries of the firm can be expanded to account for external resources and the impact of the firm’s activities, so that the firm may take steps to reduce its green footprint and contribute to sustainability from the perspective of the triple bottom line, which includes economic, social, and environmental aspects.
7
Cartlidge, Edwin. "UK firm goes the distance." Physics World 16, no. 3 (March 2003): 11. http://dx.doi.org/10.1088/2058-7058/16/3/18.
Full text
8
Check Hayden, Erika. "Icelandic genomics firm goes bankrupt." Nature 462, no. 7272 (November 2009): 401. http://dx.doi.org/10.1038/462401a.
Full text
9
STANLEY, MICHAEL H. R., LUÍS A. N. AMARAL, SERGEY V. BULDYREV, SHLOMO HAVLIN, HEIKO LESCHHORN, PHILLIPP MAASS, MICHAEL A. SALINGER, and H. EUGENE STANLEY. "CAN STATISTICAL PHYSICS CONTRIBUTE TO THE SCIENCE OF ECONOMICS?" Fractals 04, no. 03 (September 1996): 415–25. http://dx.doi.org/10.1142/s0218348x96000546.
Full textAbstract:
In recent years, a breakthrough in statistical physics has occurred. Simply put, statistical physicists have determined that physical systems which consist of a large number of interacting particles obey universal laws that are independent of the microscopic details. This progress was mainly due to the development of scaling theory. Since economic systems also consist of a large number of interacting units, it is plausible that scaling theory can be applied to economics. To test this possibility we study the dynamics of firm size. This may help to build a more complete characterization of the nature and processes behind firm growth. To date, the study of firm dynamics has primarily focused on whether small firms on average have higher growth rates than large firms. To a lesser extent, attention has been placed on the relationship between firm size and variation in growth rate. Our research goes beyond these questions by looking at the relationship between numerous firm characteristics and the entire distribution of growth rates. Thus, it may provide a better understanding of the mechanisms behind firm dynamics. In contrast to previous studies, this research analyzes data over many time scales, instead of just a single time interval. From a scientific standpoint, this work could be useful because it will affect the formulation of firm modeling—one of the basic building blocks of all economic analysis. In addition, this work will have practical applications. For example, there are Federal policies that are designed to encourage small businesses. While such policies might be justified on grounds other than their contribution to growth, any systematic difference in the growth rates of small and large firms might be relevant for evaluating such policies. Also, there has traditionally been a concern that an excessive amount of economic activity might become concentrated in a small number of firms. A more detailed understanding of the firm growth process will provide evidence for whether such concerns have any scientific foundation.
10
Mortazavi, Seyed Mohammad. "Fundamental Necessities of Knowledge Management in Project Based Firms." Advanced Materials Research 383-390 (November 2011): 4642–47. http://dx.doi.org/10.4028/www.scientific.net/amr.383-390.4642.
Full textAbstract:
This study seeks a model for Knowledge Management in project based firms. The work process in these firms is getting on a contract with a client over a project which is to be delivered in a certain period of time and with a certain amount of budget. Depending on the type and specification of the project, the firm achieves or creates some knowledge which is almost tacit. The concern here is that this tacit knowledge is lost by the end of the project, whether due to time limitations and rush for delivering the project which makes it impossible for the firm to turn this knowledge into explicit; or it goes away with the workers since they are generally project-loyal not company-loyal. Based on the literature this study reveals that KM can act as powerful instrument for increasing project-based firms’ performance and hence raise their chances for absorbing more projects. However this is a two-sided fact; clients have more faith in those firms with loaded with high-level experiences while the chances are higher for satisfying clients in those firms which manage their knowledge gained from earlier projects.
11
Bolton, Lucy. "Christopher Falzon (2007) Philosophy Goes to the Movies: An Introduction to Philosophy." Film-Philosophy 11, no. 3 (October 2007): 132–37. http://dx.doi.org/10.3366/film.2007.0026.
Full text
12
Burridge, Mark, and Robert Bradshaw. "Sources and Use of Market Information: An Analysis of Successful Small and Medium Sized Exporters." Journal of International Business and Economy 9, no. 2 (December 1, 2008): 62–79. http://dx.doi.org/10.51240/jibe.2008.2.5.
Full textAbstract:
This paper shows that most small and medium sized exporters do not undertake international marketing research. Given this finding the research goes on to consider successful exporters. These firms do engage in such research and their activities are therefore explored in detail. The empirical work shows that the firms make much greater use of in-house rather than external sources of information. The research also shows that successful firms put much greater emphasis on the information required for long term strategic planning. In addition, evidence is presented to suggest that the extent to which information is collected as well as the sources used by these companies is at least partly determined by firm size.
13
Bhuiyan, Md Borhan Uddin. "Do problem directors affect firm operating performance?" Asian Review of Accounting 23, no. 2 (July 17, 2015): 170–85. http://dx.doi.org/10.1108/ara-12-2013-0078.
Full textAbstract:
Purpose – The purpose of this paper is to examine empirically the consequences of having problem directors on the board with respect to operating performance. Problem directors are directors who have a past history of managerial integrity weakness. Design/methodology/approach – This paper uses three measures of operating performance to investigate the impact of problem directors and applies regression analysis to data from S & P 500 companies from 2004 to 2009. Findings – The author found evidence for the problem that director affiliated firms have more board and independent members. The CEO dual firm has a comparatively higher number of problem directors on the board. Firm operating performance is reduced when a board is served by a problem director. The results are consistent for a number of sensitivity tests. Practical implications – Results provide evidence that firms have negative performance consequences when monitored by a director with a lack of managerial integrity. The practical implication of this study is that corporate boards should appoint directors who have a clean professional background so that more vigilant monitoring by directors can be ensured. Originality/value – This study goes beyond the traditional focus on corporate governance and firm performance. The author uses problem directors as an indicator of governance quality to measure firm performance. To the best of the author’s knowledge, this paper is the first to investigate the consequences of firms holding problem directors on the board. This issue has implications for investors, auditors, directors and regulators.
14
Barrett, Rowena. "Small firm training: just meeting the day-to-day needs of the business." Employee Relations 37, no. 5 (August 3, 2015): 547–67. http://dx.doi.org/10.1108/er-05-2014-0048.
Full textAbstract:
Purpose – The purpose of this paper is to explore what the attitudes of small firm owner-managers are to developing the skills of their key resources and then examine how these and other factors affect owner-managers’ preferences for training these employees. Design/methodology/approach – This study of training in small road transport firms in West Australia is cast in light of the literature on human resource management in small firms underpinned by insights drawn using the resource based view of the firm. Small firms (less than 20 people) dominate this industry, while the increasing freight task, and extreme distances between West Australian ports, towns and mines highlight this sectors’ importance. Survey results from 39 small road transport firms and interviews with nine owner-managers are analysed. Findings – Legislative, regulatory and licensing requirements were shown to be a key determinant of skills development. Employers ensured that basic standards for employee certification and qualification were met, as the penalty for not doing so would be too high. Regulations drove the need for certain types of training – licenses, fatigue management, occupational health and safety, handling dangerous goods, the Maritime Security Identification Card card, forklift license, mine site inductions – while owner-managers knew where to get the training their staff needed. Although regulation appeared most visible in prescribing what happened in relation to training for drivers, the relevance of owner-managers’ attitudes could not be ignored, nor could conditions in the firms external environment as this shaped how these requirements were met. Research limitations/implications – The RBV is useful in showing how skill development enabled similarity in skills across firms, while the attitudes owner-managers and economic and social conditions meant what happened in firms around skill development varied. The importance of small firm owner-managers’ attitudes are clearly highlighted and shown to influence organizational decisions and choices around training, but these were not independent of the regulatory framework and the economic and social conditions within which the firm operated. The small firms in this study did engage workers in formal training when necessary but it was put in the context of the idiosyncratic approach of the owner-manager and the day-to-day needs of the firm. “Training” was essentially about ensuring certain types of skills were held by employees and then passing on knowledge to ensure the behavior of employees was consistent with the owner-manager’s vision for the firm in its current environment. Originality/value – Ways industry and government can encourage training activity that goes beyond the day-to-day firm needs are suggested.
15
Macarthur, David. "What Goes Without Seeing: Marriage, Sex and the Ordinary in The Awful Truth." Film-Philosophy 18, no. 1 (December 2014): 92–109. http://dx.doi.org/10.3366/film.2014.0007.
Full text
16
Bruno, Valentina, Se-Jik Kim, and Hyun Song Shin. "Exchange Rates and the Working Capital Channel of Trade Fluctuations." AEA Papers and Proceedings 108 (May 1, 2018): 531–36. http://dx.doi.org/10.1257/pandp.20181063.
Full textAbstract:
Exchange rates affect the economy not only through the competitiveness of exports but also through a financial channel. The financial channel goes in the opposite direction to the competitiveness channel in that a stronger currency goes hand-in-hand with more buoyant real economic activity on the back of faster credit growth and cross-border banking flows. The effect is particularly marked for emerging market economies for the broad dollar index: a stronger dollar may actually lead to a decline in trade volumes of an emerging market economy. Our paper develops a stylized model that generates such an effect and finds supporting evidence in a firm-level investigation of manufacturing firms from Asia.
17
Kaya, Halil D., and Nancy L. Lumpkin-Sowers. "The reaction of blockholders to changes in market conditions." Corporate Ownership and Control 12, no. 1 (2014): 464–72. http://dx.doi.org/10.22495/cocv12i1c5p2.
Full textAbstract:
In this study, we examine the impact of business conditions and stock market conditions on blockholders’ ownership in U.S. firms. We expect that in periods when the general interest in the stock market goes up, blockholders’ interest and participation in the market will also increase (i.e. there are more blockholders per firm and the percentage share of blockholder ownership in each corporation is higher). We use the Aruoba-Diebold-Scotti (i.e. ADS) Business Conditions Index and the S&P 500 Index as proxies for business conditions and stock market conditions, respectively. We find that blockholders’ investments more closely track stock market conditions than business conditions. Our nonparametric tests show that there are more blockholders per firm when stock market conditions are better.
18
Louis Troilo, Michael. "Collaboration, product innovation, and sales: an empirical study of Chinese firms." Journal of Technology Management in China 9, no. 1 (April 1, 2014): 37–55. http://dx.doi.org/10.1108/jtmc-08-2013-0035.
Full textAbstract:
Purpose – The purpose of this paper is to examine the role that collaborations, both foreign and domestic, play on product innovation, sales mix, and sales revenue for Chinese firms. Both statistical correlations and marginal (economic) effects of collaborations feature in the analysis. Design/methodology/approach – This study includes 2,700 Chinese firms across 15 industry sectors and 25 cities from a World Bank survey conducted in 2012; the data are stratified by firm size. Given the different types of dependent variables to be estimated, several methodologies are employed: logistic regression, Poisson regression, and ordinary least squares. The marginal effects of key variables are then calculated to demonstrate their economic impact. Findings – Regarding the likelihood of product innovation, collaboration with domestic (Chinese) companies is significant for Chinese micro, medium, and large enterprises. Being a foreign subsidiary is significant for the proportion of new products in the sales mix for small, medium, and large firms. Domestic collaboration can boost the sales of innovating small firms and innovating medium companies by nearly 113 and 140 percent, respectively. Originality/value – This study builds on the current literature by examining the impact of foreign vs domestic collaboration on Chinese firms, whereas most research examines foreign players only. It offers a more nuanced analysis by stratifying estimates according to firm size, and it goes beyond statistical significance to quantify the real economic effect of collaborations on Chinese companies.
19
Córcoles, David, Carmen Díaz-Mora, and Rosario Gandoy. "Complex internationalization strategies and firm export performance during the great trade collapse." Journal of Economic Studies 46, no. 2 (March 4, 2019): 246–65. http://dx.doi.org/10.1108/jes-06-2017-0144.
Full textAbstract:
Purpose Focusing on the global trade collapse and the subsequent recovery period, the purpose of this paper is to examine the export performance of firms that are involved in complex internationalization strategies. Design/methodology/approach The authors use a random-effects probit model with panel data and a dynamic panel data model (GMM system) for Spanish manufacturing firms from 2006 to 2013 period. Findings It is found that, once firm characteristics are controlled for, complex internationalization plays an important role in continuing to export and, additionally, positively influences the level of exports. Firms active in a complex mix of internationalization strategies have an added advantage, which enables them to confront the uncertainty of foreign markets in better conditions and translates to a lower likelihood of ceasing exporting and to higher export values. Practical implications The present paper throws light on this question by showing that the negative impact of trade collapse in 2009 on the export level was lower for firms inserted in complex internationalization strategies and the subsequent recovery was more intense. Originality/value The analysis goes one step further and investigates whether the impact is different during the trade collapse in 2009 and the following recovery. Here, previous empirical research at firm level on the role of complex internationalization strategies in trade is contradictory.
20
Jancenelle, Vivien E. "The relationship between firm resources and joint ventures: revisited." American Journal of Business 30, no. 1 (April 7, 2015): 8–21. http://dx.doi.org/10.1108/ajb-07-2014-0045.
Full textAbstract:
Purpose – This study is a replication of Wolff and Reed’s (2000) work. The purpose of this paper is to examine how the combination of resources brought to joint ventures influence parent-firm performance. This study is also interested in whether or not the exposure of immobile resources through the semi-transparent membrane of the joint venture can have negative effects on parent-firm performance. Design/methodology/approach – The sample consists of two-parent joint ventures formed by publicly traded US firms between 1997 and 2013. The event-study methodology is used to calculate each parent-firm’s abnormal returns. This work also uses content analysis to analyze parent-firms’ annual reports (10-K). Findings – While Wolff and Reed’s results on resource allocation within joint ventures were not statistically significant, this replication study provided strong support to the resource allocation hypothesis. It was found that intangible resource heterogeneity within a joint venture creates higher performance gains for parent-firms than tangible resource heterogeneity. This work also successfully replicated Wolff and Reed’s findings on the negative impact of immobile resources exposure on parent-firm performance. Wolff and Reed’s results on resource complementarity were, however, not successfully replicated. Originality/value – This replication study goes beyond simply showing that engaging in a joint venture strategy creates value for parent-firms. Through the use of a new content analysis method, this study was able to provide strong support for Wolff and Reed’s theory on the performance gains provided by resource heterogeneity in a joint venture setting, and to confirm the results on potential adverse performance effects of immobile resources exposure.
21
Gomes, Jorge, and Mário Romão. "How the Balanced Scorecard Helps Improve Business Performance and Gain Sustainable Competitive Advantage." International Journal of E-Entrepreneurship and Innovation 7, no. 2 (July 2017): 44–61. http://dx.doi.org/10.4018/ijeei.2017070103.
Full textAbstract:
When a firm sustains profits that exceed the average for its industry, the firm is said to possess a competitive advantage over its rivals. So, why do some companies outperform others? This question has been intensely debated by strategic management researchers over the last decades. Several authors point out three broad explanations: (1) the mistakes made by some firms create advantages to others; (2) firms that exploit market power gain advantages over others; (3) firms with special capabilities gain advantages over others. Competitive advantage is recognised as being the major cause for explaining top organizational performance and is a fundamental goal of academic strategic management studies. More recently, the research focus goes to an expanded view of the concept, the sustainable competitive advantage (SCA), highlighting the idea that some forms of competitive advantage are very difficult to imitate and can therefore lead to persistent superior economic performance. This article aims to show how a Balanced Scorecard (BSC) can contribute to achieve SCA. It also collects a set of useful information related to several areas that have used this framework as a support to improve the performance of their organizations. Researchers, managers and practitioners recognize the virtues and potentialities of the BSC concept, although some critiques are also referenced.
22
Patvardhan, Shubha, and J. Ramachandran. "Shaping the Future: Strategy Making as Artificial Evolution." Organization Science 31, no. 3 (May 2020): 671–97. http://dx.doi.org/10.1287/orsc.2019.1321.
Full textAbstract:
To investigate how firms engage in forward-looking action, we examined the processes by which a pioneering firm actively influenced the future of its industry over five decades. From our longitudinal field study, we generated a process model of strategy making that helps to explain how firms work to shape the future in some preferred fashion. Specifically, we describe our findings on shaping-oriented forward-looking strategy making in terms of “artificial evolution” processes—interventions by which a firm’s leaders challenge the status quo and leverage the internal ecology of the organization to nudge the evolution of the business landscape toward a preferred direction. This is distinct from the more conventional and commonly invoked natural selection processes that describe how firms adapt to markets or unintentionally shape them. These findings on strategy making as akin to artificial evolution complement and extend the traditional view of strategic management, which has historically focused on processes anchored in models of search and adaptation. Our findings also shed light on an exceptional mode of strategy making—one that goes beyond concerns of firm survival and competitive advantage, and tackles societal grand challenges. By accounting for constructivist, forward-looking dimensions of strategic agency, our findings also contribute to the microfoundations of strategic decision making and to organization theories, more generally.
23
Al-Gamrh, Bakr, Redhwan Al-Dhamari, Akanksha Jalan, and Asghar Afshar Jahanshahi. "The impact of board independence and foreign ownership on financial and social performance of firms: evidence from the UAE." Journal of Applied Accounting Research 21, no. 2 (April 15, 2020): 201–29. http://dx.doi.org/10.1108/jaar-09-2018-0147.
Full textAbstract:
PurposeThis study examines the impact of two different types of foreign ownership—by Arab and non-Arab investors on firms' financial and social performance. It then goes on to investigate how the degree of board independence affects the aforementioned relationship between these two types of foreign investors on firm performance.Design/methodology/approachThe sample for the study is a panel of all listed firms in the Dubai Financial Market (DFM) and the Abu Dhabi Securities exchange (ADX) from 2008 to 2012.FindingsResults indicate that while Arab foreign ownership affects firms' financial and social performance negatively, non-Arab foreign ownership does so, positively. Further tests indicate that board independence weakens the negative relationship between firm financial and social performance with foreign Arab ownership and deteriorate the relationship between firm financial and social performance and non-Arab foreign ownership.Research limitations/implicationsFuture studies may extend the coverage of the study by including other countries in the region and other identities of the foreign investors.Practical implicationsThis study may help policy makers in the UAE to improve the implementation and enforcement of existing regulations concerning corporate social responsibility (CSR) and board independence. It also highlights the need to look into the monitoring role of independent board members.Originality/valueThis is the first study to examine the role of board independence on the relationship between foreign ownership and firm's financial and social performance. To the best of our knowledge, this is the first paper that attempts to enrich the understanding of foreign ownership by classifying it into Arab versus non-Arab.
24
Lichtenthaler, Ulrich. "Toward an innovation-based perspective on company performance." Management Decision 54, no. 1 (February 8, 2016): 66–87. http://dx.doi.org/10.1108/md-05-2015-0161.
Full textAbstract:
Purpose – The purpose of this paper is to suggest an innovation-based perspective on company performance and develops a conceptual framework. Design/methodology/approach – This is a research paper, which builds on prior theoretical and empirical management research. Findings – The innovation-based view is grounded in interfirm differences in innovation, and it underscores the opportunities to achieve sustainable superior firm performance by innovating internally besides the increasing trend toward open innovation. The innovation-based perspective goes beyond many firms’ focus on product innovation by examining its interdependencies with other essential first-order innovations such as service, process, business model, and management innovations. The innovation-based perspective further addresses the dynamic and intertemporal transformation of innovation activities based on second-order innovations, which provide a more realistic view of organizations’ innovation over time. This transformation affects organizational boundaries and how a firm sustains superior performance. Originality/value – The innovation-based view revises extant approaches to competition and firm boundaries. The new arguments help to reconcile inconsistent earlier findings, and they deepen the understanding of interfirm differences in innovation and performance.
25
Dick, Beryl, and Glenn Morgan. "Family Networks and Employment in Textiles." Work, Employment and Society 1, no. 2 (June 1987): 225–46. http://dx.doi.org/10.1177/0950017087001002005.
Full textAbstract:
The paper explores the extent to which the family remains of significance within the workplace. Considering material derived from a study of a textile mill in Yorkshire, the paper shows that family ties remain crucial within the company. It then goes on to consider the significance of these ties. It rejects the view that these ties can be seen as anachronisms or as evidence of paternalism in the manner identified by Martin and Fryer (1973) or Newby (1977). Instead, we argue that the existence of family ties and a family ideology within the firm is a crucial element in giving the firm flexibility within a highly competitive sector of the textile industry. The characteristics of the firm to an extent reflect those of Japanese firms where life-long employment also promotes commitment and flexibility on the part of the workforce. Thus, far from family ties being irrelevant to modern industry, we argue that they have, if anything, an increased relevance in the era of `flexible specialization' (Piore and Sabel 1984).
26
TRASKA, M. R. "Managed Care Firm Goes All HSA—for Employees." Family Practice News 35, no. 1 (January 2005): 72. http://dx.doi.org/10.1016/s0300-7073(05)70510-7.
Full text
27
Amigoni, Gaja, and Johannes Christian Gaedicke. "Power symbols in office workspace: impact on creativity as microfoundation of the dynamic capabilities of the firm." European Journal of Management Issues 25, no. 1 (March 25, 2017): 4. http://dx.doi.org/10.15421/191701.
Full textAbstract:
Purpose – to analyse the role of artefacts in creativity as a microfoundation for dynamic capabilities.
Design/Method/Approach. This conceptual study aims at identifying core aspects of the physical workspace towards power representations and power symbols and delineates impact factors on creativity and its possible implications on the dynamic capabilities of the firm.
Findings. We suggest that creativity, believed to be a core aspect for innovation, is a microfoundation and one of the most critical elements of dynamic capabilities to sustain and foster the evolutionary and entrepreneurial fitness of the firm.
Practical implications. While it has been shown that hierarchies and power symbols affect the creative performance within a firm, research on the role of physical space as representation of power and its effect on creativity is still limited. Focusing on artefacts might help firms to evoke creativity and, thus, increase innovativeness and dynamic capabilities of a firm.
Originality/Value. In fast-paced, globally competitive business environments, sustainable advantage requires unique and difficult-to-replicate dynamic capabilities. Analysis of microfoundations of dynamic capabilities usually goes only one level deeper, e.g. to the concepts of creativity and innovativeness. We made a further step and analyzed artefacts influencing these and other microfoundations.
Paper type – conceptual.
28
Toha, Md Abu, Satirenjit Kaur Johl, and Parvez Alam Khan. "Firm’s Sustainability and Societal Development from the Lens of Fishbone Eco-Innovation: A Moderating Role of ISO 14001-2015 Environmental Management System." Processes 8, no. 9 (September 15, 2020): 1152. http://dx.doi.org/10.3390/pr8091152.
Full textAbstract:
Eco-innovation has gained considerable attention in academia as well as in industry due to its potential in mitigating environmental challenges and its positive correlation with firm performance. However, there are limited studies which have investigated the moderating relation of International Organization for Standardization (ISO) 14001:2015 between eco-innovation and firm sustainability in their contribution to societal development. This research is supported by a resource-based theory which explores the core-competencies of firms and challenges the resources creating the competitive advantage of the firm without compromising on the social responsibility aspect of the firm. This study proposes a fishbone eco-innovation business model, which includes production (product, process, and technology) and non-production (organization and marketing) business activities mapped with the 17 Sustainable Development Goals (SDGs) for societal development. This fishbone eco-innovation business model signals to the stakeholders about the organization’s innovation in their green implementation, which goes beyond mere compliance. The contribution of the fishbone eco-innovation business model to societal development will create a unique competitive edge and green goodwill amongst the external stakeholders, which will attract sustainably responsible investors for investment. This article draws propositions and develops a conceptual model for future empirical research on eco-innovation and societal development.
29
Dorobantu, Sinziana, Witold J. Henisz, and Lite Nartey. "Not All Sparks Light a Fire: Stakeholder and Shareholder Reactions to Critical Events in Contested Markets." Administrative Science Quarterly 62, no. 3 (January 9, 2017): 561–97. http://dx.doi.org/10.1177/0001839216687743.
Full textAbstract:
This paper examines when and how a critical mass of social and political stakeholders mobilizes against a corporate organization and the impact of such mobilization on the organization’s market value. Our study employs a dataset of more than 51,000 media-reported events describing the interactions among almost 2,300 political, social, and economic stakeholders and 19 gold-mining firms trading on the Toronto Stock Exchange and operating mines in emerging markets around the world. We first examine the conditions and dynamics that explain whether an isolated, stakeholder-initiated negative statement or action—a “spark” or critical event—goes unnoticed or escalates into a cascade of stakeholder reactions targeting the firm. Second, we examine whether such sparks and the ensuing cascades of stakeholder reactions affect shareholders’ valuation of the firm. We argue and show empirically that both stakeholders’ and shareholders’ reactions following critical events are largely influenced by stakeholders’ prior beliefs about the target organization and by peer stakeholders’ reactions to the critical event. Stakeholders with positive beliefs about the firm before the critical event mobilize to defend it, and those with negative prior beliefs reinforce their opposition. Shareholders also take note of the other stakeholders’ prior beliefs and react negatively to critical events if the firm has a history of conflict with its stakeholders. Thus unconnected or loosely connected stakeholders who reveal their beliefs about a firm through public statements and actions influence each other’s reactions to critical events and shareholders’ assessments of the firm’s value.
30
NGUYỄN VĂN, PHƯƠNG. "On the Relationship between Inventory Turnover Performance and Capital Intensity and Sales Growth Evidence from the Listed Companies at Ho Chi Minh Stock Exchange." Journal of Asian Business and Economic Studies 215 (January 1, 2013): 87–103. http://dx.doi.org/10.24311/jabes/2013.215.09.
Full textAbstract:
Inventory turnover varies broadly across many companies and over time. This variation is useful for analyzing an inventory turnover performance and working capital management. By conducting a panel data of 179 Vietnamese companies listed in Ho Chi Minh Stock Exchange (HOSE) during the period of 2006-2011, we perform an empirical study with the fixed effect methodology to investigate the correlation of inventory turnover with capital intensity and sales growth. We find that both capital intensity and sales growth have a positive impact on inventory turnover. We also split two datasets based on firms in the real estate industry and in other industries. We only find that both gross margin and firm size are negatively correlated with inventory turnover in the dataset of firms in other industries. In general, our results are consistent with the previous studies of United State retailers. We also consider the time-trend to examine impacts of these factors. The results show that on average, firms with bigger investment in capital assets have achieved higher inventory turnover, but inventory turnover becomes worse as the time goes on.
31
Martens, Martin L. "IPO effects: corporate restructuring when a firm goes public." Journal of Public Affairs 4, no. 2 (May 2004): 155–69. http://dx.doi.org/10.1002/pa.178.
Full text
32
Jianping Bai, 白建平, and 张耀举 Yaoju Zhang. "Large negative Goos-H?nchen shift from a wedge-shaped thin film." Chinese Optics Letters 7, no. 9 (2009): 845–48. http://dx.doi.org/10.3788/col20090709.0845.
Full text
33
Akhter, Shameem, Nayem Rahman, and Mohammad Nirjhar Rahman. "Competitive Strategies in the Computer Industry." International Journal of Technology Diffusion 5, no. 1 (January 2014): 73–88. http://dx.doi.org/10.4018/ijtd.2014010106.
Full textAbstract:
A firm's competitive behavior is very important for its survival. Relevant stakeholders in an industry are interested in a firm's operational as well as financial performance. In order to gain competitive advantage, a firm must remain steadfast during changes it goes through over time. This is true for the computer industry as well. The computer industry has been advancing very fast and firms in the industry are experiencing fierce competition for many reasons. This study examines the computer industry in terms of Michael Porter's framework for analyzing the profitability. The authors conduct a critical analysis of the threat of new entrants into the computer industry segment, the bargaining power of suppliers in the industry, the bargaining power of buyers in the industry, the threat of substitute products or services, and rivalry among competitors in the industry. This study has implications for incumbent firms and new entrants into the computer manufacturing industry that evaluate competitive strategies in the industry.
34
Henrique Ogasavara, Mario. "The effects of own- and other-prior entry modes in the internationalization of Japanese multinational companies in the electronic sector." Journal of Asia Business Studies 8, no. 1 (December 20, 2013): 18–28. http://dx.doi.org/10.1108/jabs-07-2012-0036.
Full textAbstract:
Purpose – This paper goes above and beyond the prior research on entry mode by considering the organizational approach and examines entry mode selection between wholly-owned subsidiaries and joint venture by taking into account the existence of different types of joint ventures. In this way, this paper seeks to investigate whether or not a relationship exists between the first entry strategy decision of a particular firm and the prior foreign market entries made by other firms. Moreover, considering that foreign market entry is not a one-time decision, this study analyses whether or not prior entry in a particular country has influence on the choice of repeated entries in the same country. Design/methodology/approach – This paper uses data of 1,470 subsidiaries established by Japanese electronics firms in 64 countries. The propositions are tested by applying a statistical t-test to compare the mean differences between the analyzed cases. Findings – The findings revealed the legitimacy effect on the entry mode selection. Firms tend to follow the prior entry strategies of its rivals in the case of first time investors, while for subsequent investments, both prior entries made by the parent firm and competitors have great influence on the market access in a particular country. It suggests that the effect of market competition cannot be neglected when examining entry mode selection. Furthermore, there is a need to consider entry strategy as a dynamic rather than a static decision-making process. Originality/value – The findings from this study are useful for scholars interested in advancing the knowledge on entry mode strategies of multinational companies.
35
Schmiel, Ute. "Soll die Betriebswirtschaftslehre die Interessen anderer Akteure explizit berücksichtigen?" Journal for Markets and Ethics 6, no. 2 (December 1, 2018): 155–69. http://dx.doi.org/10.2478/jome-2018-0041.
Full textAbstract:
Abstract Business administration argues that means-end-analysis in the interest of firms does not need to take the interests of other actors into account. Its implicit or explicit reason is that there is a harmony between firm goals and the interests of other actors. This study objects from a critical rationalist perspective that such harmony hypotheses are not empirically confirmed. Because of this, actors are not truly free to pursue their own interests. Instead, this study argues that actors on markets are allowed to pursue their own interests as long as they consider the legitimate interests of other actors at the same time. The study goes on to show how business administration should analyze means-end-statements that try to realize this market value.
36
Oria, Ehsanullah, and Mirwan Perdhana. "Role of Customer in Marketing and Development (RCMD) – a literature review." Asian Management and Business Review 1, no. 2 (August 30, 2021): 105–15. http://dx.doi.org/10.20885/ambr.vol1.iss2.art3.
Full textAbstract:
The purpose of this article is to review empirical researches on role of customer in marketing and development (RCMD) and betterment of the firm’s performance and pave the way for future researches. This article is a cumulative literature review of empirical articles on (RCMD). In previous empirical studies two units of analysis has been conducted (individual and firm unit) which includes two viewpoints: The customers' viewpoint and the firms’ viewpoint. The customers’ viewpoint that consider RCMD issues from customer perspectives and stresses on practices of customers in marketing and development. The company's viewpoint looks at RCMD issues from firms' perspectives and analyzes company's action of including customers and how RCMD may influence firm’s performance. During the investigation it was found that RCMD comprises of different streams of literature that follow various conventions and remain very detached from one another. However, there are some common themes between these two streams of researches. For instance, customer knowledge and experience has all seems to be vital for RCMD from the two points of view, learning capacities of a customer and of a firm have both been discovered to be exceptionally important for RCMD. It was also found that significantly less exploration is done from the firm's viewpoint to understand what drives firms to receive RCMD and what prepares them to effectively preform it. Ultimately, there was absence of hypothetical improvement in all subareas. This article goes beyond existing researches by uniting various streams of studies, evaluating key differences related to the concept and findings on antecedents and outcomes of RCMD. This article suggest that future studies ought to embrace a consistent and predictable conceptualization of RCMD and restrain using wide terms.
37
Mann, Bikram Jit Singh, and Sonia Babbar. "New product announcements effect on stock prices in India." Journal of Asia Business Studies 11, no. 4 (December 12, 2017): 368–86. http://dx.doi.org/10.1108/jabs-08-2015-0145.
Full textAbstract:
Purpose The purpose of this study is to study the impact of new product announcements on the shareholder value in India since; there is lack of perceptive results regarding the impact. Also, an attempt has been made to analyse the determinants of value creation, by industry type, which has so far escaped the attention of researchers. Design/methodology/approach First, standard event study methodology has been used to measure the abnormal gains/losses of the announcing firms for the new product introductions. Second, regression analysis has been conducted to find out the relationship between the shareholder value and the firm and industry characteristic variables. Findings The results of the study show that the announcing companies in India have got significant positive returns during the announcement of the new product. The value stands at 0.00455 for the event day. In the second part, the application of the regression test has found that firm size, R&D intensity, free cash flow, debt ratio and market size are significant variables in the determination of the shareholder value. Originality/value The present study goes a step further in establishing the reasons for value creation when new product announcements are made by the Indian firms. The analysis has been carried out industry wise to identify the determinants of shareholder value in different industries. This would guide the decision makers at the strategic level and players of the stock market at large in taking much more informed decisions.
38
Dyer, C. "Libel case against Wilmshurst collapses as firm goes into liquidation." BMJ 342, apr21 3 (April 21, 2011): d2646. http://dx.doi.org/10.1136/bmj.d2646.
Full text
39
Chun, Sungbin, and Eunho Cho. "Differentiation Strategy, CSR, And Real Activities Earnings Management: Evidence From Korea." Journal of Applied Business Research (JABR) 33, no. 4 (June 30, 2017): 667. http://dx.doi.org/10.19030/jabr.v33i4.9988.
Full textAbstract:
We empirically investigate whether a differentiation strategy constrains real activities earnings management (RAEM). Further, considering corporate social responsibility (CSR) activities are a popular tool of differentiation strategy, we examine whether interactive synergy between CSR activities and the differentiation strategy strengthens the negative relationship between differentiation strategy and RAEM. Using a sample of 659 firm-year observations of Korean manufacturing listed firms during 2005-2010, we find that differentiation strategy is negatively associated with RAEM, suggesting that firms pursuing a differentiation strategy are likely to refrain from managing earnings using RAEM that goes against their strategy. We also observe that interactive synergy between differentiation and CSR strengthens the negative relationship between differentiation strategy and RAEM, implying that synergy effect between CSR and differentiation strategy even more constrains RAEM that is in conflict with both CSR and differentiation strategy. These findings are robust after we perform sensitivity tests. This study contributes to the literature by providing the first evidence on the relationship between differentiation strategy and RAEM and the moderating role of CSR activities on the relationship.
40
Kyvik, Oyvin, and Age Svein Gjosaeter. "Environmentally sustainable innovations in offshore shipping: A comparative case study." Journal of Innovation Management 5, no. 1 (May 18, 2017): 105–31. http://dx.doi.org/10.24840/2183-0606_005.001_0008.
Full textAbstract:
Two Norwegian offshore shipping firms facing the challenge of developing more environmentally sustainable services choose divergent strategies. One focuses on managerial innovation and develops a new business model equally dividing fuel-savings achieved through operational optimization between customers and the Norwegian Rainforest Foundation, thus operating climate neutrally. The other firm develops a technology-driven strategy and develops LNG-propulsion for part of its fleet. Following the firms through the innovation processes, the study finds that implementing environmentally sustainable innovations requires managerial capability to provide a holistic and integrative perspective on organizational innovation processes which align technical and managerial actions and activities. The findings indicate that a business model can be used as a boundary-spanning tool that goes beyond the ambidextrous challenges of balancing and integrating exploration and exploitation and provides a complementary view on organizational innovation processes. The comparative case study looks inside the “black box” of sustainable innovation and offers theoretical and practical insights to academics and students. The study also contributes guiding principles for practitioners and policymakers.
41
Weaver, John F., Dan Lindsey, Dan Bikos, Chris C. Schmidt, and Elaine Prins. "Fire Detection Using GOES Rapid Scan Imagery." Weather and Forecasting 19, no. 3 (June 2004): 496–510. http://dx.doi.org/10.1175/1520-0434(2004)019<0496:fdugrs>2.0.co;2.
Full text
42
Atladóttir, Dagmar, and Sandra Huber. "Fire, Earth, Ecstasy: Gossiping with the Gods." Public 29, no. 58 (December 1, 2018): 100–109. http://dx.doi.org/10.1386/public.29.58.100_1.
Full text
43
FUJIWARA, YOSHI. "CHAIN OF FIRMS' BANKRUPTCY: A MACROSCOPIC STUDY OF LINK EFFECT IN A PRODUCTION NETWORK." Advances in Complex Systems 11, no. 05 (October 2008): 703–17. http://dx.doi.org/10.1142/s0219525908001994.
Full textAbstract:
A link in a supplier–customer network is usually a creditor–debtor relationship. If a firm goes into a state of financial insolvency or bankruptcy, then firms on its upstream are affected secondarily along the links. By using 10-year data from recent data on bankruptcy in Japan, we show that this "link effect" is by no means negligible in a nationwide economy. While the total debt of bankruptcy typically amounts to as much as a few percent of GDP in Japan, nearly 20% of all bankruptcies are due to the link effect. Interestingly, we find that such a link effect becomes comparable with other causes of bankruptcy, including poor performance in business (namely solo failure) with respect to the number of events, as the bankruptcy is larger. This means that the link effect grows for larger bankruptcies. Because the supplier–customer network has a heavy tail in its degree distribution, the ripple effect due to the bankruptcy chain is considerable. Since every firm is embedded in a giant network of production, this study would suggest the importance of understanding the heterogeneity in the large-scale network of suppliers and customers on a nationwide scale.
44
Ge Guoku, 葛国库, 李春芳 Li Chunfang, 段弢 Duan Tao, and 张纪岳 Zhang Jiyue. "Enhancement of Goos-Hnchen Shift in Prism-Film Coupling Configuration." Acta Optica Sinica 28, no. 4 (2008): 768–72. http://dx.doi.org/10.3788/aos20082804.0768.
Full text
45
Falzon, Christopher. "ExperiencingForce Majeure." Film-Philosophy 21, no. 3 (October 2017): 281–98. http://dx.doi.org/10.3366/film.2017.0052.
Full textAbstract:
This article looks at the 2014 Swedish comedy-drama Force Majeure as a kind of moral thought experiment, but also insofar as it might not fit such a model. The idea of a cinematic ethics, of cinema as providing an avenue for thinking through ethics and exploring ethical questions, finds at least one expression in the idea of film as experimental in this sense. At the same time, simply subsuming film to the philosophical thought experiment risks forgetting what film itself brings to the proceedings; and how the cinematic medium might allow for an experimentation that goes beyond what can be done within the philosophical text. As experimental in a broad sense, Force Majeure evokes an experience, the extraordinary event beyond one's control, capable of putting a moral agent to the test, challenging one's sense of who one is and what one stands for. The film unfolds as a reflection on the results of this encounter with experience, and on the kind of moral self this experiment brings to light; and in the course of this reflection, it suggests some general conclusions about the human condition.
46
Deumes, Rogier, and W. Robert Knechel. "Economic Incentives for Voluntary Reporting on Internal Risk Management and Control Systems." AUDITING: A Journal of Practice & Theory 27, no. 1 (May 1, 2008): 35–66. http://dx.doi.org/10.2308/aud.2008.27.1.35.
Full textAbstract:
This paper investigates managers' economic incentives for voluntary reporting on risk management and internal control using a sample of publicly traded firms in The Netherlands in the late 1990s. In this particular setting, internal control reporting was voluntary and covered a wide business-based approach as defined in key internal control frameworks. We create an index to measure the extent of disclosure by identifying six reportable items related to internal control. Regarding managers' incentives to report, we hypothesize that voluntary disclosure increases with the extent of information and agency problems, as proxied by management and block holder ownership and financial leverage. Supporting our hypotheses, we find a negative relationship between the extent of internal control disclosure and management and block holder ownership, and positive relationship between the extent of disclosure and financial leverage. We interpret these findings as evidence for a conscious trade-off by managers, which is linked to the costs and benefits of making internal control disclosures. Additionally, we find some evidence that the extent of disclosure varies with firms' inherent risk exposure, as proxied by a number of firm operating characteristics. One implication of our findings is that regulators may wish to allow firms flexibility in their internal control reporting choice, as firms take a broad approach to internal control that goes beyond SOX-based regulations, and tailor their internal control reports to suit their specific environments.
47
Weiss, Sarah. "Rangda and the Goddess Durga in Bali." Fieldwork in Religion 12, no. 1 (September 26, 2017): 50–77. http://dx.doi.org/10.1558/firn.33750.
Full textAbstract:
This article examines Rangda and her role as a chthonic and mythological figure in Bali, particularly the way in which Rangda’s identity has intertwined with that of the Hindu goddess Durga— slayer of buffalo demons and other creatures that cannot be bested by Shiva or other male Hindu gods. Images and stories about Durga in Bali are significantly different from those found in Hindu contexts in India. Although she retains the strong-willed independence and decision-making capabilities prominently associated with Durga in India, in Bali the goddess Durga is primarily associated with violent and negative attributes as well as looks and behaviours that are more usually associated with Kali in India. The reconstruction of Durga in Bali, in particular the integration of Durga with the figure of the witch Rangda, reflects the local importance of the dynamic relationship between good and bad, positive and negative forces in Bali. I suggest that Balinese representations of Rangda and Durga reveal a flux and transformation between good and evil, not simply one side of a balanced binary opposition. Transformation—here defined as the persistent movement between ritual purity and impurity—is a key element in the localization of the goddess Durga in Bali.
48
Xavier, Zachary. "The Kierkegaardian Existentialism of Richard Linklater's Before Trilogy." Film-Philosophy 25, no. 2 (June 2021): 110–29. http://dx.doi.org/10.3366/film.2021.0164.
Full textAbstract:
This article examines the Kierkegaardian existentialism set in motion by Richard Linklater's Before trilogy: Before Sunrise (1995), Before Sunset (2004), and Before Midnight (2013). In doing so, it asserts the efficacy of cinema as a medium of existential import, one that is particularly suited to give form to Søren Kierkegaard's project. The identification of three existential stages of life – the aesthetic, ethical, and religious – is perhaps Kierkegaard's most notable contribution to philosophy. This article contends that Linklater's aesthetic strategy – namely, his distinctive use of long dialogic takes and open endings – grapples with these existential categories: the aesthetic and ethical existence-spheres, as well as the border zone of irony that rests between them. By mapping the shifting utility of the long take and open endings throughout the trilogy, the article charts the differing existential states of the trilogy's enduring couple, Jesse and Céline, as well as the ensuing complications that arise from their clash. In particular, the Before trilogy demonstrates the difficulty of reconciling aesthetic desire and ethical responsibility. Focusing on this dilemma, the article goes on to discuss how the differing existential states of Jesse and Céline prevent a proper appropriation of the ethical requirement into their lives, and that this existential disparity is what eventually surfaces the dysfunction of their romantic union.
49
ROGIN, MICHAEL P., and KATHLEEN MORAN. "Mr. Capra Goes to Washington." Representations 84, no. 1 (November 1, 2003): 213–48. http://dx.doi.org/10.1525/rep.2003.84.1.213.
Full textAbstract:
ABSTRACT Frank Capra's 1939 film, Mr. Smith Goes to Washington, is often described as a paean to the American populist hero, the patriotic little man who stands up to corruption. But Capra's so-called little-man trilogy, which includes Mr. Smith, Mr. Deeds Goes to Town (1936), and Meet John Doe (1941), document Capra's deeply ambivalent viewof the people and his investment in the personal power of the media manipulator.
50
Eriksen, Bo H. "What Goes Around Comes Around: When Early Turnover Hurts Firm Performance." Academy of Management Proceedings 2014, no. 1 (January 2014): 13498. http://dx.doi.org/10.5465/ambpp.2014.13498abstract.
Full text