Search results for "holder"
showing 10 items of 477 documents
Under What Conditions Do the News Media Influence Corporate Reputation? The Roles of Media Dependency and Need for Orientation
2010
Previous research has assumed uniform effects of the news media's influence on corporate reputation. This study uses theories of media system dependency and ‘need for orientation’ to examine contingent conditions affecting the degree of the media influence. Our integrated measurement approach gauging media coverage and stakeholder evaluations on the same dimensions of reputation furthered the methodological approach to this research area. We found that stakeholders depend more on the news media to learn about reputation dimensions that are difficult to directly experience or observe and for which the news media are the main source of information.
Analysis of the conflicts of interest disclosed by the program reviewers of the scoliosis research society (SRS) congresses, 2010-2014.
2018
Background Conflicts of interest (COI) between industry and surgeons frequently introduce biases into surgical research. The abstracts submitted for presentation in scientific congresses are usually vetted for any indication of commercial bias. Members of review program committees regularly have recognized qualifications, and therefore certain COI are unavoidable. This study aims to determine the prevalence and magnitude of possible COI among those responsible for the selection of presentations at two important international conferences on spine surgery during a five-year period. Methodology COI declarations by those responsible for the final programs of the annual SRS (Scoliosis Research S…
The Importance of Environmentally Acquired Bacterial Symbionts for the Squash Bug (Anasa tristis), a Significant Agricultural Pest
2021
Most insects maintain associations with microbes that shape their ecology and evolution. Such symbioses have important applied implications when the associated insects are pests or vectors of disease. The squash bug, Anasa tristis (Coreoidea: Coreidae), is a significant pest of human agriculture in its own right and also causes damage to crops due to its capacity to transmit a bacterial plant pathogen. Here, we demonstrate that complete understanding of these insects requires consideration of their association with bacterial symbionts in the family Burkholderiaceae. Isolation and sequencing of bacteria housed in the insects’ midgut crypts indicates that these bacteria are consistent and dom…
What Explains Governance Structure in Non-Profit and For-Profit Microfinance Institutions?
2009
This paper aims to explain the choice of board and CEO characteristics in microfinance institutions (MFI). Explanations are sought in substitution or complementarity between the characteristics, external governance variables, and financial performance and outreach performance to the poor. The data are from 290 MFIs in 61 countries, and the logit regressions methodology is employed. The board and CEO characteristics are board size, CEO-chairman duality, international directors, and female CEO. We find relationships among these variables, and also that the external governance variables ownership type (shareholder owned) and international initialization induce smaller board, less duality, more…
Myths in microfinance
2008
Microfinance – the provision of financial services to the poor – is high on the public agenda. We discuss and evaluate three myths regarding microfinance based on new data from rated microfinance institutions (MFIs). The first myth is that an efficient MFI needs to be shareholder owned; second that its governance should first and foremost address the potential conflict between owners and managers; and third that MFIs are drifting away from their poorer customers towards serving the wealthier. The data do not support any of these myths. We conclude that microfinance is a viable business model.
Do Powerful CEOs Have an Impact on Microfinance Performance?
2009
In this study we show that Microfinance Institutions (MFIs) with more powerful CEOs have higher performance variability. A powerful CEO is defined as one that also chairs the board of directors. CEO power is reflected in higher performance variability if CEOs have more latitude of action, i.e. managerial discretion. Managerial discretion can be limited by having stakeholder electives on the board. We find that CEO power only has an effect on MFI performance variability when there are no stakeholder electives on the board. Furthermore, we argue that CEOs in non-profit MFIs have more discretion, because their dual mission implies their CEOs are harder to control. We find that CEO power increa…
Roles Of Stakeholders In Strategic Decision-Making Of Microfinance Organizations
2009
Microfinance organizations provide financial services to low income people. These organizations have been increasing dramatically worldwide. This increment calls attention for these organizations and their boards to make strategic decisions which enable them perform well and compete with each other. Based on literature, this paper identifies six types of microfinance stakeholders who sit on boards. These are clients, employees, government, donors, creditors and owners. The paper discusses different roles of these stakeholders when they sit on boards of Microfinance Organizations. These roles are further explained to show how they contribute to the process of making strategic decisions. Lite…
The governance of non-profit micro finance institutions: lessons from history
2009
Published version of an article in the journal: Journal of Management & Governance. Also available from Springer: http://dx.doi.org/10.1007/s10997-009-9116-7 Microfinance is high on the public agenda, and better corporate governance has been identified as a key factor for enhancing the viability of the industry. However, recent literature on the subject struggles to identify the corporate governance mechanisms that influence the performance of the Micro Finance Institutions (MFIs). Guided by stakeholder and agency theories, this paper uses a historical parallel found in savings banks to present corporate governance lessons for MFIs, particularly non-profit MFIs, today. The findings indicate…
The protection of minority shareholders during delisting in Germany and in the U.K.
2020
The thesis seeks to compare the protection of minority shareholders during delisting in Germany and in the UK. Delisting refers to a publicly traded company leaving the stock market. In order to compare the protection afforded by the relevant legislator the thesis first seeks to give an overview of the interests touched upon by delisting, finding the main risk for minority shareholders is unlike often assumed not a loss of value but the loss of the share’s tradability. The thesis then compares the approach taken towards the problem and the instruments utilized by both legislators. Here the thesis finds that the German law represents a stricter and inflexible solution, while the British law …
COMPARATIVE ASSESSMENT OF SEVERAL MULTI-CRITERIA DECISION ANALYSIS TOOLS FOR MANAGEMENT OF CONTAMINATED SEDIMENTS
2007
Over the past several decades, environmental decision-making strategies have evolved into increasingly more sophisticated, information-intensive, and complexapproaches including expert judgment, cost-benefit analysis, toxicological risk assessment, comparative risk assessment, and a number of methods forincorporating public and stakeholder values. This evolution has led to an improved array of decision-making aids, including the development of Multi-CriteriaDecision Analysis (MCDA) tools that offer a scientifically sound decision analytical framework. The existence of different MCDA methods and the availability of corresponding software contribute to the possibility of practical implementat…