In-House Risk

Over the last thirty years or so, as the number of in-house counsel rose and their role increased in scope and prominence, increased attention has been given the various challenges these lawyers face under the ABA Model Rules of Professional Conduct, from figuring out who is the client the in-house lawyer represents, to navigating conflicts of interest, maintaining independence, and engaging in a multijurisdictional practice of law. Less attention, to date, has been given to business risk assessment, perhaps in part because that function appears to be part of in-house counsel’s role as a business person rather than as a lawyer. Overlooking the role of in-house counsel in assessing risk, however, is a risky proposition, because risk assessment constitutes for some in-house counsel a significant aspect of their role, a role that in turn informs and shapes how in-house counsel perform other more overtly legal tasks. For example, wearing her hat as General Counsel, a lawyer for the entity-client may opine and explain issues of compliance with the law. Wearing her hat as the Chief Legal Officer, however, the same lawyer may now be called upon as a member of business management to participate in the decision whether to comply with the law. After outlining some of the traditional challenges faced by in-house counsel under the Rules, this short essay explores risk assessment by in-house counsel and its impact on their role and function under the Rules. It argues that the key to in-house lawyers’ successful navigation of multiple roles, and, in particular, to their effective assessment of business risk is keen awareness of the various hats they are called upon to wear. Navigating these various roles may not be easy for lawyers, whose training and habits of mind often teach them to zoom in on legal risks to the exclusion of business risks. Indeed, law schools continue to teach law students “to think like a lawyer” and law firms, the historical breeding grounds for in-house counsel positions, in a world of increased specialization master the narrower contemplation of legal questions. Yet the present and future of in-house counsel practice demand of its practitioners the careful and gradual coming to terms, buildup and mastery of business risk analysis skills, alongside the cultivation of traditional legal risk analysis tools.

La elección entre tipos de inversión directa en el exterior: evidencia empírica de las empresas españolas en China

Una de las cuestiones que más interés despierta entre los investigadores del campo de la internacionalización empresarial es la selección de la estrategia de entrada en un país extranjero. Actualmente, China es uno de los destinos que está cobrando una mayor relevancia en la expansión internacional de muchas empresas. En ese contexto, este trabajo examina la influencia de diversos factores empresariales sobre el nivel de compromiso asumido por las compañías españolas que han entrado en China a través de inversiones directas.

Stochastic choice analysis of tourism destinations

The analysis of tourist destination choice, defined by intra-country administrative units and by product types “coastal/inland and village/city”, permits the characterisation of tourist flow behaviour, which is fundamental for public planning and business management. In this study, we analyse the determinant factors of tourist destination choice, proposing various research hypotheses relative to the impact of destination attributes and the personal characteristics of tourists. The methodology applied estimates Nested and Random Coefficients Multinomial Logit Models, which allow control over possible correlations among different destinations. The empirical application is realised in Spain on a sample of 3,781 individuals and allows us to conclude that prices, distance to the destination and personal motivations are determinants in destination choice.

Modelo de negocio para mejorar la competitividad de la cadena productiva del cuy en Lambayeque-Perú

El principal problema que atraviesan los pequeños productores en la región Lambayeque y en su mayoría a nivel nacional es el bajo nivel de competitividad en sus respectivas cadenas productivas, esto se debe a que no cuentan con una adecuada gestión asociativa y empresarial, desconocen técnicas en manejos productivo y presentan deficiente articulación comercial teniendo como efecto directo bajos niveles de calidad de vida. La presente investigación tiene como objetivo principal plantear un modelo de negocio para mejorar la competitividad de la cadena productiva del cuy en una organización cooperativa de productores de cuyes del distrito de Mórrope, identificando los factores que determinan la competitividad, además plasmando los diversos elementos, componentes, estrategias y actividades que se unen para concretar el objetivo principal. Se presentará un diagnóstico inicial de la Cooperativa en estudio, los datos obtenidos son resultado de visitas y talleres con los asociados quienes respondieron a una encuesta y entrevistas, así mismo para el diagnóstico regional de la cadena del cuy se realizó la búsqueda de información primaria y secundaria, reforzado con entrevistas a especialistas del tema a nivel regional. Finalmente se utilizó la herramienta del marco lógico y del lienzo de modelo de negocio “Canvas” para plasmar la propuesta de mejora de la competitividad en beneficio de la cooperativa en estudio y que servirá como base para replicarse en otras organizaciones siendo acompañada de propuestas reales, validadas por especialistas.

Commercial work and trainng for girls

by Jeannette Eaton... [and] Bertha M. Stevens...

Letter from William Tudor to William Vaughan,

One letter containing a brief history of the ice company business and William Tudor’s and Frederic Tudor’s ideas for the enterprise.

The Family’s Financial Support as a “Poisoned Gift”: A Family Embeddedness Perspective on Entrepreneurial Intentions

We argue that greater availability of financial support by the family for creating a new venture entails stronger financial and non-financial obligations. Cognizant of these obligations, potential founders anticipate negative performance implications for the planned firm and threats to the family system in the case of their non-fulfillment. We thus postulate that the formation of actual entrepreneurial intentions is less likely the greater the available financial support. We confirm this by studying a sample of 23,304 respondents from 19 countries and find the negative relationship to be dependent on family cohesion and on individual entrepreneurial self-efficacy.

Founder, Academic, or Employee? A Nuanced Study of Career Choice Intentions

We add novel insights to the debate about why individuals choose to start their own firm by comparing entrepreneurial intentions to the intentions to work at a university as an academic and to be employed in a private firm. To model this more complex set of career choices, we examine novel multiplicative aspects of the theory of planned behavior (TPB) and test our hypotheses on survey data of 15,866 students from 13 European countries. Multinomial logistic regression analyses reveal how the different TPB elements influence career preferences and demonstrate the moderating effects of perceived controllability and desirability.

Annual fiscal report /

Cover title.

Procedures pertaining to environmental sanitation /

Mode of access: Internet.

Report of the survey of the schools of Chicago, Illinois.

v.1. The administration of the schools by the director of the survey; The business management of the schools, by F. Engelhardt; Financing the schools, by J. K. Norton; The educational personnel of the schools, by L. Dix; The social services of the public schools, by N. H. Hegel.--v.2. Fitting the school to the pupil, by P. R. Mort, W. W. Wright, and W. B. Featherstone; Secondary education in Chicago, by M. H. Stewart and D. H. Eikenberry; Higher education in the public school system, by E. S. Evenden and F. B. O'Rear.--v.3. The curricula of the schools, by J. H. Newton, H. B. Bruner, L. T. Hopkins, P. R. Hanna, and L. Dix; Teaching and supervision in the elementary schools, by J. R. McGaughy, E. H. Reeder, and J. Betzner; Health and physical education, by J. F. Williams, and F. W. Maroney; Vocational education, by L. A. Wilson.--v.4. Housing of the schools, by F. W. Hart, and N. L. Engelhardt; The operation of the school plant, by G. F. Womrath.--v.5. Summary of findings and recommendations, by G. D. Strayer.

Marketing Symposium University of Illinois : [papers].

Description based on: Oct. 1955.

Managing innovation under constraints: a glimpse on the brazilian conditions for innovation

To generate innovation in Brazil becomes a high level priority in the last two decades. Innovation, according to the Presidential speech, is the right way to conduce the nation towards the development of technological competitive capabilities through the high technology-based products and services. Although the nation has come a long way, Brazil has to face the challenge of overcoming obstacles in infrastructure conditions for innovation. This paper aims to describe the main conditions to manage innovation in Brazil. This work offers a quantitative analysis of the main factors that impact innovation. This is a documental research based on data collected from high reliability international sources complemented by a research field applied to a sample of technology–based firms located in São José dos Campos, Brazil. The results indicated that entrepreneurs deal with difficulties to develop managerial competences in order to manage the business growth while developing new products and services. The lack of qualified human resources to manage business in technological environment is also a matter.

Punctuated equilibrium and linear progression: Toward a new understanding of group development

This study proposes gaining a new understanding of group development by considering the integrative and the punctuated equilibrium models of group development as complementary rather than competing. We hypothesized that we would observe both punctuated equilibrium and linear progression in content-analyzed data from 25 simulated project teams, albeit on different dimensions. We predicted changes in time awareness and in task and pacing activity in line with the punctuated equilibrium model and changes in structure and process on task and socioemotional dimensions in line with the integrative model. Results partially supported predictions for both models.