Search results for "Discretion"

showing 5 items of 65 documents

Do Powerful CEOs Determine Microfinance Performance?

2012

Authors version of an article published in Journal of Management Studies. The definitive version is available from Wiley at: http://dx.doi.org/10.1111/j.1467-6486.2012.01046.x Recently, microfinance has been coming under public and media attacks. The microcredit crisis following from microfinance-induced suicides in 2010 in the Indian state of Andhra Pradesh indicates that weak corporate governance and imprudent risk taking have far-reaching consequences. Yet, analyses of corporate governance mechanisms among microfinance institutions (MFIs) remain underdeveloped. As a response, this study examines the impact of CEO power on MFI risk taking by deriving explicit predictions of this effect fr…

organizationsOWNERSHIPORGANIZATIONSVDP::Social science: 200::Economics: 210IMPACTrisk-takingMANAGERIAL DISCRETIONownershipWASSboardsCORPORATE PERFORMANCEOntwikkelingseconomieRISK-TAKINGmoderating roleDevelopment EconomicsgovernancemicrofinanceMODERATING ROLEimpactmanagerial discretionBOARDSCEO powercorporate performancerisk
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Limits to Arbitrage and Interest Rates: a Debate Between Keynes, Hawtrey and Hicks

2018

International audience; This paper deals with a debate between Hawtrey, Hicks and Keynes concerning the capacity of the central bank to influence the short-term and the long-term rates of interest. Both Hawtrey and Keynes considered the central bank’s ability to influence short-term rates of interest. However, they do not put the same emphasis on the study of the long-term rates of interest. According to Keynes, long-term rates are influenced by future expected short-term rates (1930, 1936), whereas for Hawtrey (1932, 1937, 1938), long-term rates are more dependent on the business cycle. Short-term rates do not have much effect on long-term rates according to Hawtrey. In 1939, Hicks enters …

short-term rate of interestarbitragesmonetary policybanksJEL: B - History of Economic Thought Methodology and Heterodox Approachesinstability of creditJEL : B - History of Economic Thought Methodology and Heterodox Approachespreferred habitat[ SHS.ECO ] Humanities and Social Sciences/Economies and financesdiscretionary policiesE58JEL : E - Macroeconomics and Monetary Economics/E.E4 - Money and Interest Rates/E.E4.E43 - Interest Rates: Determination Term Structure and Effects[SHS.ECO] Humanities and Social Sciences/Economics and FinanceE52central bankprofessional dealersbills[SHS.ECO]Humanities and Social Sciences/Economics and Financeconvertibilitylong-dated assetsmoneyprofessional dealers JEL Codes: B22JEL: E - Macroeconomics and Monetary Economics/E.E4 - Money and Interest Rates/E.E4.E43 - Interest Rates: Determination Term Structure and Effectsdiscount rate of interestE43expectations
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Les responsables de résidences très sociales : des professionnels tiraillés entre différents cadres d’appréhension de la réalité

2022

Cet article porte sur les responsables de résidences très sociales, entendons des responsables de structures locatives destinées à des individus et familles très modestes qui ne sont pas intégrés dans le logement social « traditionnel ». Le propos souligne les tensions relatives au métier en dégageant plus précisément divers formats et cadres d’appréhension de la réalité dans lesquels les agents de terrain ici concernés sont engagés d’une façon ou d’une autre. Ce faisant, il s’agit d’identifier diverses formes de contrôle (gestionnaire, discrétionnaire, sécuritaire...) qui ponctuent les journées de professionnels à la fois proches et éloignés aussi bien de « leurs » résidents que de leur in…

social control[SHS.SOCIO]Humanities and Social Sciences/Sociology[SHS.SOCIO] Humanities and Social Sciences/Sociologybureaucratic controlmétierdiscretionary controlcontrôle discrétionnairecontrôle socialcontrôle gestionnaireGeneral Earth and Planetary Sciencesvery social residencesresponsables de résidencetradeComputingMilieux_MISCELLANEOUSGeneral Environmental Science
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Le renouvellement du contrôle juridictionnel de l’administration au moyen du recours pour excès de pouvoir

2017

The role of the administrative judge (the excess of power) has evolved due to the implementation of the various texts adopted recently as well as the developments in the case-law in recent years. In many areas, its role now goes beyond the mere confrontation of an administrative act with the rule of law. At the heart of the annulment decision is a statement and an assessment of the facts, apart from the interpretation of the law, which were usually separated by the principle of separation between the administration and its judge.Some jurisprudence which has become very classical, as well as others more recent, can be considered as characteristic manifestations of this new tendency of the ju…

time-limitseffectiveness of controllegal security[SHS.DROIT] Humanities and Social Sciences/Lawjuge administratifquestion of factjurisdictional reviewrecevabilitéinstructiondélais de jugementinjonctionadministrationremedy for abuse of poweradministrédroits subjectifs[SHS.DROIT]Humanities and Social Sciences/Lawinjunctionsources de légalitéefficacité du contrôlemeans of controladmissibilitydroits objectifs.judgmentcontrôle juridictionnelprocédures d’urgencepouvoir discrétionnaireinvestigationsources of legalityobjective rights.subjective rightsadministrative acttiersdiscretionary powerexecution of judgmentRecours pour excès de pouvoircontrol of opportunityacte administratifurgent proceedingsobjective controladministrative judgemoyens de contrôlejugementexécution de la chosée jugéeadministeredcontrôle objectifquestion de faitsécurité juridiquecontrôle d'opportunité
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Obbligo vaccinale e discrezionalità legislativa a proposito delle ordinanze CGARS nn.38 e 351 del 2022

2022

The paper deals with two ordinances of the CGARS on the subject of vaccination obligation, retracing the events that first led to the preliminary order no. 38/2022 and then to the reasoned order for referral to the constitutional court.

vaccine obbligation legislative discretionSettore IUS/08 - Diritto Costituzionale
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