Does Uncertainty Affect Investment and Labor Demand?

This paper analyzes the effect of uncertainty on investment and labor demand for Finnish firms during the time period 1987 – 2000. Utilizing a stock return based measure of uncertainty decomposed into systematic and idiosyncratic components, the results reveal that idiosyncratic uncertainty significantly reduces both investment and labor demand. Idiosyncratic uncertainty seems to influence investment in the current period, whereas the depressing effect on labor demand appears with a one-year lag. The results provide support that the depressing effect of idiosyncratic uncertainty on investment is stronger for small firms in comparison to large firms. Some evidence is reported regarding differential effects of uncertainty on labor demand conditional on firm characteristics. Most importantly, the depressing effect of lagged idiosyncratic uncertainty on labor demand tends to be stronger for diversified firms compared with focused firms.

Corporate Governance Mechanisms and Firm Performance:Evidence from Finland

This paper examines the association between corporate governance attributes and firm performance of Finnish firms during 1990 – 2000. The empirical results suggest that corporate governance matters for firm performance. First, univariate test results indicate that firms characterized by a high (efficient) level of corporate governance have delivered greater stock returns, are higher valued based on the measure of Tobin’s Q, and exhibit higher ratios of cash flow to assets, on average, in comparison to their counterparts characterized by a low (inefficient) level of corporate governance. Second, controlling for a number of well-known determinants of stock returns, we find evidence that firms categorized by inefficient corporate governance have delivered inferior returns to shareholders during the investigation period. Finally, after controlling for several common determinants of firm value, we find that firms characterized by efficient corporate governance have been valued higher during the investigation period, measured by Tobin’s Q.

La investigación comercial como instrumento básico para el conocimiento de las actitudes del electorado: un estudio empírico en la Universidad del País Vasco

[ES] Hoy en día, cualquier partido político debe utilizar el marketing para analizar su mercado y posicionarse en el mismo con una estrategia adecuada. Para ello, el papel de la investigación comercial resulta fundamental, dado que nos permite detectar las necesidades y deseos de los electores, pudiendo el partido adoptar decisiones tendentes a satisfacerlas.

Innovation and hybrid genres: disturbing social rhythm in legal practice.

This paper explores the non-adoption of an innovation via the concept of hybrid genres, that is digital genres that emerge from a non-digital material precedent. As instances of innovation these are often resisted because they disturb the order of activity and balance of power relations in a given situation, or require users to make conceptual and physical adaptation efforts that they consider too costly. The authors investigate such issues with a case study of the introduction of a hybrid digital genre, ODR or online dispute resolution, in legal practice

Produção acadêmica em recursos humanos na década de 90: uma análise metateórica da pesquisa brasileira em periódicos e nos anais do ENANPAD

Nos últimos anos, a academia brasileira de administração tem se voltado para si própria em uma análise crítica retrospectiva que busca indagar se, além do evidente crescimento quantitativo, a produção acadêmica na área cresceu também em qualidade, rigor, relevância e originalidade. Nas áreas pesquisadas até o momento, o campo parece não estar satisfeito com a imagem que o espelho lhe mostra. A área de Recursos Humanos foi uma das poucas que ainda não conduziram um balanço abrangente de sua produção. Este trabalho procura justamente preencher essa lacuna, a partir do estudo dos artigos aceitos na área nos Enanpads da década de 1990 (1991-2000), e tem por objeto de análise a temática, a base epistemológica, a metodologia, o padrão de referência bibliográfica e demografia de autoria, dos 290 artigos publicados nos anais do Encontro, no período referido.

Questões contemporâneas referentes à educação e ao ensino à luz de pesquisas recentes em dissertações de mestrado em administração e gestão educacional

Este trabalho tem como principal objetivo de estudo as questões contemporâneas sobre educação e ensino à luz das dissertações de mestrado apresentadas à Escola Brasileira de Administração Pública. O tema educação vem sendo, ultimamente, uma das principais estratégias de formuladores de políticas públicas, visto o "gargalo educacional" em que se encontra o Brasil para seu crescimento. Constatada a relevância do tema na atualidade, iniciamos o trabalho situando as questões da educação em contexto histórico no qual diferentes forças políticas se confrontam, configurando um duelo de diretrizes educacionais. A partir deste contexto histórico, apresentamos as questões contemporâneas sobre educação. Finalmente, na última parte deste trabalho, analisamos as propostas apresentadas sobre educação, verificando a eficácia de implementação e o tipo de abordagem realizada pelos autores.

Family Business in Mexico: Responses to Human Resource Limitations and Management Succession

Indigenous firms in Mexico, as in most developing countries, take the shape of family businesses. Regardless of size, the most predominant ones are those owned and managed by one or more families or descendent families of the founders. From the point of view of economics and business administration, family business is considered to have variety of limitations when it seeks to grow. One of the serious limitations is concerning human resource, which is revealed at the time of management succession. Big family businesses in Mexico deal with human resource limitations adopting measures such as the education and training of the successors, the establishment of management structure that makes control by the owner family possible and divisions of roles among the owner family members, and between the owner family members and the salaried managers. Institutionalization is a strategy that considerable number of family businesses have adopted in order to undergo the succession process without committing serious errors. Institutionalization is observed in such aspects as the establishment of the requisite condition to be met by the candidate of future successor and the screening by an institution which is independent of the owner family. At present these measures allow for the continuation of family businesses in an extremely competitive environment.

Minnesota manual for public school buildings and grounds.

Cover title.

Honor awards convocation, College of Engineering, University of Illinois at Urbana-Champaign.

Mode of access: Internet.

Engineering outlook - University of Illinois at Urbana-Champaign, College of Engineering.

Mode of access: Internet.

Facts to aid student consideration of the University of Illinois at Urbana-Champaign.

Formerly The Handbook for better student choice.

Report of the survey of courses and curricula of the University of Illinois at Champaign-Urbana /

W.S. Monroe, Chairman.

Careers in engineering a guidance publication from the College of Engineering at the University of Illinois, Urbana.

Mode of access: Internet.

1979 SIGNUM Meeting on Numerical Ordinary Differential Equations, April 3-5, 1979, University Inn, Champaign, Illinois : jointly sponsored by Association for Computing Machinery, Special Interest Group on Numerical Mathematics; Department of Computer Science, University of Illinois at Urbana-Champaign; National Science Foundation /

Includes bibliographical references.

Record of achievements and plans of the Information Engineering Laboratory in the Department of Computer Science of the University of Illinois at Urbana-Champaign, 1955-1973

Mode of access: Internet.