Made available in DSpace on 2014-06-11T19:28:26Z (GMT). No. of bitstreams: 0 Previous issue date: 2008-12-16Bitstream added on 2014-06-13T18:07:27Z : No. of bitstreams: 1 catelan_mj_me_prud.pdf: 1920038 bytes, checksum: f3a1eb568ce792f98a148b3ed871297a (MD5) / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES) / Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP) / A urbanização contemporânea articula-se às dinâmicas do modo capitalista de produção, o qual direciona esse processo sob a perspectiva de uma economia política da urbanização compreendida conjuntamente com uma economia política da cidade. Por conta disso, a estruturação dos espaços urbanos e os objetos que os constituem não podem ser tomados, nem analisados, como simples objetos estruturantes da base material, tendo em vista que a produção do espaço urbano sob tais perspectivas os envolvem como meios de reprodução do capital, sendo que, não somente o solo urbano, mas todos os meios que o caracterizam como um ambiente construído, também se tornam meios de consumo urbano. Esse consumo pode ser visto a partir de duas dimensões: a individual e a coletiva. Nessa dissertação, trabalharemos com os meios de consumo coletivo – as infra-estruturas, os equipamentos e os serviços urbanos –, que adquirem características e importâncias peculiares no cotidiano das cidades o que, na pesquisa realizada, foram tomados em sua dimensão econômica. Porém, muitos fatores estão presentes na distribuição dos meios de consumo coletivo. Para debatê-los, escolhemos duas infra-estruturas na cidade de Bauru (SP), as constituintes das redes de drenagem pluvial e de pavimentação das vias públicas... / The contemporary urbanisation is articulated to the dynamics of the capitalist mode of production that directs the process under the perspective of a political economy of urbanisation understood beside a political economy of the city. Because of this, the structuring of urban spaces and the objects that constitute them cannot be took nor analysed as simple structuring objects of the material basis. The production of the urban space under such perspectives takes these objects as a way of reproducing capital because not only the urban soil but also all the means that characterise it as a built environment become means of urban consumption. This consumption can be seen through both the individual and the collective dimensions. In this master thesis, we analyse the means of collective consumption – the infrastructures and the urban equipments and services –, which acquire peculiar characteristics and importance in the city daily life and are took, in the research, in their economic dimension. However, many factors are involved in the distribution of the means of collective consumption. For debating them, we have chosen two infrastructural objects of Bauru city: the pluvial drainage and the paving public paths networks... (Complete abstract click electronic access below)

Made available in DSpace on 2014-06-11T19:29:52Z (GMT). No. of bitstreams: 0 Previous issue date: 2006-02-09Bitstream added on 2014-06-13T20:20:24Z : No. of bitstreams: 1 montanha_lcp_me_mar.pdf: 428741 bytes, checksum: c81f4765832a4e924d0d5b239472ab6d (MD5) / O objeto de estudo deste trabalho encontra-se na análise do Programa de Desligamento Voluntário - PDV implementado no Banco do Estado de São Paulo após a privatização da instituição ocorrida em 20 de Novembro de 2000, e nas implicações deste programa para o mundo do trabalho bancário. Trata-se de refletir sobre as formas contemporâneas de exploração do trabalho bancário e sobre as formas complexas de estranhamento social na etapa de mundialização do capital sob predominância do capital financeiro. Tomando como referência a reestruturação produtiva do trabalho bancário ocorrida no bojo do processo de reestruturação produtiva do sistema financeiro nacional nas últimas décadas do século XX, esta investigação analisa, a partir de dados bibliográficos, documentais e empíricos, a origem, a forma de ser e a lógica do PDV, e ainda, os impactos que este programa causa na subjetividade bancária. Parte-se da hipótese que o PDV é um instrumento fetichizado de gestão do trabalho utilizado como medida de redução de pessoal que, em seus desdobramentos, exerce forte efeito sobre a subjetividade bancária, ocasionando crise e rupturas e contribuindo para o desmonte do setor bancário estatal no país. A pesquisa concluiu que o PDV emergiu como uma importante ferramenta de gerenciamento do trabalho no bojo do processo de ofensiva do capital nos anos 1980 e foi amplamente utilizado por empresas públicas e privadas para demitir trabalhadores. Nesse contexto, o PDV apresenta-se como um instrumento fetichizado que impacta sobre os bancários causando a degradação de suas condições de vida e trabalho, complixificando o quadro de exploração e de estranhamento no ambiente laboral. / The purpose of this work is the analysis of the Voluntary Resignation Program - VRP implanted in the Banco do Estado de São Paulo (State of São Paulo Bank) after the privatization of the institution in November 20th, 2000, and the consequences arising out of it to the banking labor world. It intends to ponder on the contemporary ways of exploiting the banking work as well as on the intricate ways of social strangeness in the stage of the worldwide capital spreading submitted to the preponderance of the financial capital. Upon the reference of the productive restructuring of the banking labor occurred during the process of productive restructuring of the national financial system in the last decades of the XX Century, this research analyses, from bibliographic, documental and empiric data, the VRP origin, way of being and its logic, and also the impacts this program causes on the bank subjectivity. The starting point of this work is the hypothesis that the VRP is a fetishistic tool of the work management, used as a means of cutting staff that, by its consequences, has a strong effect on the bank subjectivity, causing some crises and disruptions and collaborating for the dismantling of the state bank branch in the country. This research concluded that the VRP arose as an important tool of work management used by public and private enterprises aiming to workers dismissal. In this context, the VRP is presented as a fetishistic tool that causes impact on banking workers, motivating the degeneration of labor and life conditions, the exploitation panorama and strangeness in the labor environment becoming more intricate.

The purpose of this study was to explore and describe the meaning employees attributed to the lived experiences of having been declared in excess in the Gauteng Health Department during restructuring. A qualitative, phenomenological research design was selected as the most appropriate approach in conducting this study. Phenomenology offers both methodological and philosophical perspectives with the aim of developing a greater understanding through description, reflection and awareness of the meaning of having “been declared in excess”. Purposive sampling was implemented. A total of ten (10) female professional nurses participated in the study. Data were collected using one common ontological question that enabled the researcher to gain a greater understanding of what it means to be declared in excess from the participants’ perspective. Data were collected until saturation was reached. Unstructured audio-taped interviews were conducted with study participants. Data were analysed using the method developed by Giorgi (1985). The study highlighted different reactions from different participants despite being exposed to the same experience. / Health Studies / Thesis (D. Litt. et Phil.)

1980年至今，是企業併購與重組的年代，許多企業集團進行了繁複的併購與重組活動，經學者20年的研究，企業併購活動能創造新的成長機會及提高企業價值，已不徨多論。而企業重組的價值創造活動就少有研究。 企業重組活動包括廣義的分立與撤資二種。撤資是消極的行為，是減少損失或獲利後退出的行為。廣義的分立，包括 (1) 單純式分立:將公司的部分資產或業務分割並獨立成為子公司， (2) 另立子公司:結合公司內部資源並加上外部資源而成立子公司， (3) 入主: 以取得別家公司股權，先實質控制該公司並結合公司資源來成立子公司。企業集團透過分立進行重組活動遠比併購頻繁。 從重組分立的價值創造結果來分析重組策略的關鍵成敗因素，是本研究的重點。本研究以台灣主要的電子資訊企業集團為例，分析1980年以來，電子資訊企業集團進行企業分立的重組行為時所創造的價值。從財務評價的實證數據來分析分立的重整活動，是否為企業帶來成功的結果，即創造了母子公司價值及使股票累積投資報酬率增加。 本研究也針對有形及無形資產的轉移情況及高層經理人及董事會的變化來分析企業價值的變化與高層人力資源改變的關係。 當企業成長至集團的規模時，就會產生新的資源利用與分配的問題，集團執行長的工作就不再是行銷或產品發開，而是資源使用的分配；毋庸置疑，只要資源分配得當，企業重組分立活動會是企業集團組織創造新價值的捷徑。 本研究也發現台灣企業集團，在進行分立公司的重組過程中，公司擁有或新創設一個子公司，共並使該公司成為上市(櫃)公司後，亦可創造驚人價值，分立子公司只要取得母公司少許資源，亦在3-10年內可創造巨大價值。 國外亦有研究顯示，在重組分立子公司的過程中，就算母公司的價值實際上沒有改變，而子公司卻產生了新的且獨立的市場價值；投資人普遍認為，子公司除了享有企業集團的資源協助，亦增加了價值能見度。投資人易於分析子公司各種營運活動所帶來的企業價值變化。而財務評價結果亦發現子公司也易於因決策快速及營運彈性而創造新價值。上述三種分立方式均可創造不同的價值，價值的創造的關鍵即在於資源分配的恰當與否。 本研究以分析財務評價的數據結果，計算公司價值的變化並進一步根據公開資訊分析分立策略的關鍵成功因素；並反向分析數據與重組過程中的高層經理人的調度變化及有形資產及無形資產的轉移之間的關聯性。並據以建立十三項命題。 / Since 1980 till 2005, the eve of M&A and Restructuring, So many companies initiated the complicated activities of M&A and Restructuring. Through the pass 20 years studies by scholars, they found, the growth opportunity and enhance the corporate value are been creating. But, the research of “Restructuring” is no so many. The generic meaning of the “Corporate Restructuring” will include: Spinoff and Disinvestment. The disinvestments are the behavior of passive decision, for reduction the loss or exiting after profit. The generic “Spinoff” include: (1) Pure Spinoff: separate the business unit or asset unit and build up new subsidiary. (2) New Subsidiary: combine the external capital or resource to build up new subsidiary. (3) Acquisition and then Control: Acquire external share and real control the company through organization change and board members change, then combine the parent company resource become a true subsidiary. The group of business to restructure the business through “Spinoffs” is much more than M&A. To study the key success factors of “Business Restructuring” through the value - creation of “Spinoffs” is one of the key points of the dissertation. The base of the dissertation is the “Subsidiary of the Electronic-Information Group in Taiwan”. Analyzing the results of valuation from the “Spinoffs” from 1980 till 2005. To study the Financial Valuation through empirical results of “Spinoffs” and try to confirm the “Spinoffs” is successful or not. That is, the valuation of both parents and subsidiaries were enhanced or not, or the accumulation return of investment of them were enhanced or not. The dissertation will study the real condition of the transfer of tangible and Intangible Assets and the change of top management and board members. Analyzing the relation of the change above and the corporate value. As the corporate grow to the scale of group, will produce the new issues of resource distribution and utilization. The responsibility of the CEO of group is not the marketing or product development area, but the resource distribution. Of course, if the decision-making of resource distribution is proper, the “Spinoffs” will be the royal road of the creation of “New Value”. The dissertation had found the process of “Spinoffs” – own or build up a new subsidiary and make it IPO (initial public offering). It will create amazing value. Subsidiaries just transfer a few resources from parent, and then create mass value in 3 to 10 years. The dissertation had found the process of “Spinoffs”- although the value of the parents company has no change, but the subsidiaries still create the new and alone market value the same. The investors ideal is, subsidiaries through “Spinoffs” will enjoy the supporting from parents. The subsidiaries had improved the transparency of operation. Investors are easy to analyze the change of value from their business operation. The financial evaluation had found the subsidiaries had speed up the decision-making process and more decision flexibility. The 3 kinds of “Spinoffs” can create different value. The key point of the value creation is the proper resource distribution. The dissertation will base on the results of financial valuation to evaluate the change of companies’ value, and base on the public information to analyze the key success factor of “Spinoffs”. The dissertation will reverse to check the relation of the top-management change and the assets transfer (include tangible and intangible assets). The final proposition had been built the 13 propositions through the dissertation conclusion.

Proponents of Canadian health reform in the 1990s argued for regional structures, which enables budget silos to be broken down and integrated budgets to be formed. Although regionalization has been justified on the basis of its potential to increase home care resources, political science draws upon the scope of conflict theory, which instead suggests marginalized actors, such as home care, may be at risk of being cannibalized in order to safeguard the interests of more powerful actors, such as hospitals. Prince Edward Island, Nova Scotia, and New Brunswick, constitute a natural policy experiment. Each has made different decisions about the regionalization model implemented to restructure health care delivery. The policy question underpinning this research is: What are the implications of the different regional models chosen on the allocation of resources to home care? Provincial governments are at liberty to fund home care within the limits of their fiscal capacity and there are no federal terms and conditions which must be complied with. This policy analysis used a case comparison research design with mixed methods to collect quantitative and qualitative data. Two financial outcomes were measured: 1) per capita provincial government home care expenditures and 2) the home care share of provincial government health expenditures. Hospital data was used as a comparator. Qualitative data collected from face-to-face, semi-structured interviews with regional elite key informants supplemented the expenditure data. The findings align with the scope of conflict theory. The trade-off between central control and local autonomy has implications for these findings: 1) home care in Prince Edward Island increased it share from 1.6% to 2.2% of provincial government health spending; 2) maintaining central control over home care in Nova Scotia resulted in an increase in its share from 1.4% to 5.4%, and 3) in New Brunswick, home care share grew from 4.1% to 7.6%. Inertia and entrenchment of spending patterns was strong. Health regions did not appear to undertake resource reallocation to any great extent in either Prince Edward Island or New Brunswick. Resource reallocation did occur in Nova Scotia where the hospital share of government spending went down and was reallocated to home care and nursing homes. But, Nova Scotia is the only province of the three in which home care was not regionalized. Regional interests in maintaining existing levels of in-patient hospital beds was clearly a source of tension between the overarching policy goals formulated for health reform by the provincial governments and the local health regions.

Magistro baigiamąjį darbą sudaro 4 skyriai. Pirmajame skyriuje nagrinėta įrodymais grįstos politikos teorinė prieiga. Antrajame – įrodymų naudojimas sveikatos priežiūros srityje. Tuo tarpu trečiasis skyrius skirtas sveikatos priežiūros įstaigų bei paslaugų restruktūrizacijos analizei akcentuojant trečiojo restruktūrizacijos etapo pasiekimus. Galiausiai paskutiniame skyriuje koncentruojamasi į empirinę darbo dalį, išryškinant sveikatos priežiūros specialistų, sveikatos politikos formuotojų požiūrį į trečiojo restruktūrizacijos etapo rezultatus sveikatos priežiūros paslaugų bei trečiosios programos įgyvendinimo kontekste. Užsibrėžtas darbo tikslas: išanalizuoti trečiojo sveikatos priežiūros įstaigų ir paslaugų restruktūrizavimo etapo rezultatus remiantis įrodymais grįstos politikos teorine prieiga. Darbo uždaviniai: išanalizuoti įrodymais grįstos politikos teorinę koncepciją bei jos taikymą sveikatos priežiūros srityje; pasitelkus Lietuvos sveikatos ekspertų vertinimus, teisinį reglamentavimą, išnagrinėti sveikatos priežiūros įstaigų ir paslaugų restruktūrizacijos etapų pasiekimus; atskleisti paslaugų prieinamumo, kokybės ir saugumo pokyčius trečiojo restruktūrizacijos etapo kontekste; išanalizuoti stacionarinių paslaugų, finansavimo bei įstaigų tinklo optimizacijos rezultatus ir jų poveikį sveikatos priežiūrai; atskleisti trečiosios restruktūrizacijos programos tikslo bei uždavinių įgyvendinimo problemas; išnagrinėti trečiojo restruktūrizacijos etapo rezultatų... [toliau žr. visą tekstą] / The M.A. thesis consists of four chapters. In the first chapter the evidence-based theoretical approach to the political theory is analyzed. In the second chapter the use of evidence in the area of health care is discussed. The third chapter deals with the analysis of the restructuring of health care system, emphasizing results of the third stage of the restructuring. In the last chapter the empirical part of the research is presented. It shows the approaches of health care specialists and creators of health politics concerning the results of the third stage of restructuring in the context of health care delivery system and implementation of the third stage programme. The aim of the M.A. thesis is to analyze the results of the third stage of health care delivery system restructuring regarding the evidence-based theoretical approach to the political theory. In order to achieve the aim the following objectives have been set out: to review the thoretical conception of the evidence-based theoretical approach to the political theory and its application in the area of health care; to analyze the results of the stages of health care delivery system restructuring regarding the evaluation of Lithuanian health care experts and legal regulation; to show the changes in accessibility, quality and safety of health care delivery services in the context of the third stage of restructuring; to analyze the results of health care stationery services, financing and optimization of institution... [to full text]

Insolvency act in force - Act 182/2006 Coll., represents disruptive chance in bankruptcy approach on corporation level. The most revolutionary change is possibility of company reorganization with no doubts. This thesis deals with economic rationality behind bankruptcy, mainly with economic rationality behind reorganization. The thesis is economic analysis of input for decision-making process whether debtor if proper candidate for restructuring and process of creditors payout from debtors operating income during reorganization. The thesis contains original qualitative research of sample of allowed reorganization aimed on comparison of theoretical finding with reality. There is a theoretical model of bankrupted company where all theoretical findings are demonstrated in a last part of this thesis JEL Classification G33, G34, L25, L61 Keywords Bankruptcy, Restructuring, Company Crisis, Firm Performance, Creditor payout Author's e-mail zdejak@seznam.cz Supervisor's e-mail jana.chvalkovska@gmail.com

Chapter 1 of the dissertation investigates the firms' restructuring choice between minority carve-outs and tracking stocks using samples during 1990-2001. The extra compensation from the restructured units, the liquidity conditions, and the preservation of synergy are the significant factors determining a firm's restructuring decision. Additional compensation seems to be a major driving force behind restructuring via tracking stock. One year after the restructuring, the executive compensation of the tracking stock group increases by 241% compared to 32% for the carve-out sample. In spite of the significant increase in the compensation, the three-year buy-and-hold return for tracking stock parents is more negative than that of the carve-out parents. Thus, if the extra compensation was designed to align the interests of managers and shareholders, the goal did not materialize. The primary motive behind restructuring through carve-outs is to control the liquidity problem. Although the operating performance of the parents of either group does not improve three years after the restructuring, the long-term stock performance of carve-out parents improves when a restructured unit is less related to the parent. Chapter 2 of the dissertation compares the degree of overreaction between value stocks and growth stocks using the implied volatility from option prices. Applying Stein's (1989) mean reversion model and Heynen, Kemna, and Vorst's (1994) GARCH and EGARCH methods, I compare the theoretical and empirical measures of reaction of longterm options in respect to short-term options for the growth and the value portfolios, which are separately classified by price-to-book and price-to-earning ratios. The evidence suggests that growth portfolios largely overreact to a greater degree than the value portfolios assuming mean reversion, GARCH, and EGARCH models. The findings potentially explain why value stocks outperform growth stocks in the long run, lending support to overreaction as an explanation for the value effect.

[pt] A estrutura produtiva mundial vive uma intensa reestruturação desde o final do século XX, que tem influenciado na produção e reprodução do espaço e nas formas de organização e reprodução do trabalho. Essas transformações, ao longo das últimas décadas, têm repercutido em mudanças na organização das empresas e promovendo, com novas roupagens, antigas formas de trabalho que auxiliam a reprodução do capital, como o trabalho em domicílio, por exemplo. No Brasil, é em setores controlados pelos grandes capitais públicos e privados que as mudanças tecnológicas e organizacionais ocorrem de forma mais intensa. Já no conjunto da estrutura produtiva, as mudanças mais frequentes ficam a cargo da prática da subcontratação, promovendo a manutenção e intensificando da precarização de nosso mercado de trabalho. Nesse sentido, a presente pesquisa tem por objetivo analisar e compreender a influência dessas transformações nos processos construtores do espaço da moda íntima do bairro de Olaria, do município de Nova Friburgo - Estado do Rio de Janeiro, onde se expande principalmente o trabalho feminino precariamente realizado em domicílio. Nova Friburgo, mesmo que de forma mais tardia, participa diretamente dos efeitos das mudanças reestruturantes do capital. O município concentra a maior produção de moda íntima do país, e sua expansão ocorreu a partir da década de 1980, quando grande parte dos operários locais foi dispensada de suas funções devido ao fechamento de diversas indústrias decorrente da crise estrutural que assolava o mundo produtivo desde a década de 1970. Desde então, a produção de moda íntima de Nova Friburgo é formada majoritariamente por trabalhadoras domiciliares. Neste contexto, consideramos a importância da mulher e do seu trabalho em domicílio elementos estruturadores desse espaço produtivo. / [en] The structure of global production is experiencing a severe restructuring since the late twentieth century, which has influenced the production and reproduction of space and forms of organization and development work. These changes, over the past decades have passed on changes in the organization of enterprises and promoting, with new clothes, old ways of working that help the reproduction of capital, such as work at home, for example. In Brazil, in areas controlled by the major public and private capital that the technological and organizational changes occur more intensely. In the whole of the productive structure, the changes are more frequent over the practice of subcontracting, maintaining and promoting the increasing casualization of our labor market. In this sense, this research aims to analyze and understand the influence of these changes in the processes of space builders in the neighborhood of underwear in Olaria, in the city of Nova Friburgo - State of Rio de Janeiro, where it expands mainly female labor performed poorly at home. Nova Friburgo, even if it is later, is directly involved in the effects of changes reestruturantes capital. The city has the largest production of intimate apparel in the country, and its expansion occurred from the 1980s, when much of the local workers were dismissed from their duties due to the closure of many industries due to the structural crisis that plagued the world since production the 1970s. Since then, the production of underwear Nova Friburgo is formed mainly by home workers. In this context, we consider the importance of women and their work at home structuring elements of production space.

Black Economic Empowerment (BEE) has emerged as the premier policy instrument to redress the socio-economic inequalities created by the apartheid system in South Africa. BEE has evolved from a rudimentary concept that was casually coined outside government in the 1990s to being the policy instrument du jour of the post 1994 democratic dispensation. BEE has received critical attention culminating in its institutionalization through a BEE Council, an Act of Parliament, and a policy framework to facilitate its implementation. The institutionalization of this concept across government policy and practice settings, including, in particular, the government’s drive to restructure its enterprises, has accentuated BEE’s important role in the government’s reconstruction and development agenda. However, the evolution of BEE has not been a smooth journey. Its capacity and direction to respond to dire socio-economic demands has raised a deluge of questions and remarks, often negative, from many fronts. The purpose of this study is to critically examine the extent to which BEE produces the targeted results through its implementation via the restructuring of state owned enterprises (SOEs). What is also of significance is that the restructuring of SOEs and the implementation of BEE is occurring against a backdrop of a conspicuous neo-liberal drive. Whilst setting the scene with a theoretical background to the South African economy before and after 1994, the practical focus of this study is limited to the implementation of BEE using Eskom, an SOE, as a case study. Just as this study indicates a successful implementation of BEE through Eskom, questions remain as to how much widespread the benefits have been amongst the targeted previously marginalized black majority.