Spelling suggestions: "subject:"[een] UNITED KINGDOM"" "subject:"[enn] UNITED KINGDOM""
131 |
Corporate governance and corporate failure : evidence from listed UK firmsAppiah, Kingsley O. January 2013 (has links)
This study is motivated by the numerous reforms to strengthen the efficacy of corporate boards and their oversight committees, in the wake of high profile corporate failures. The empirical question, however, is whether recent proposals would enhance board and their committee effectiveness and in this way, reduce the likelihood of firm`s failure. This study examines whether the composition, structure and functions of corporate boards and their interactions are related to the probability of corporate failure. Prior studies employ agency and resource dependency theories in isolation as theoretical lenses. This study, however, employs these aforementioned theories as theoretical lenses and argues that the board control and resource function affects the relationship between corporate board attributes and corporate failure. This study examines a sample of 358 UK listed firms, consisting of 95 failed firms and 263 non-failed firms during the period 1999-2011. This study also uses a unique hand-collected data set that measures the corporate governance attributes and functions of these 358 firms over a period of five years preceding failure or otherwise, resulting in 1748 firm-years observations. This study reveals that the probability of failure is lower in firms with large board size, former government officials, independent remuneration committee chairman and greater proportion of outside directors as well as effective audit and remuneration committees. This study also finds that the prospect of corporate failure is higher in firms with less than three independent NEDs on both the audit and nomination committees, without audit committee and where audit committee has no one with financial expertise. The results, however, suggest that the possibility of corporate failure is higher in firms whose boards have a female director and where the nomination committee meets often or where its membership is exclusively preserved for independent NEDs. On the interaction effects, the results show that frequency of board meetings as well as its interactions with presence of female directors, audit and remuneration committees effectiveness are positively related to the probability of corporate failure. The results also indicate that a number of interactions between corporate board attributes and functions are unrelated to the likelihood of corporate failure. These include the interactions between board composition measures (i.e. proportion of outside directors, presence of female directors and board size) and the board resource proxy (i.e. former government official). These associations, especially remuneration committee effectiveness, remuneration committee chairman independence, firm size and profitability, are not only statistically and economically significant but also robust to different specifications. Further, the Receiver Operating Curves indicate that the impact of corporate governance measures after controlling for firm size, liquidity, profitability, age, industry effects, and leverage is more profound in two years preceding failure. The implication of this is that corporate governance mechanisms alone are insufficient to rescue the firm on the verge of collapse. The findings are consistent with the idea that failing firms decline in size, managerial performance, corporate board attributes as well as their board`s ability to discharge it`s monitoring and resource roles. This study adds to the debate on the impact of corporate governance on corporate failure by developing, analysing and testing a robust UK corporate failure prediction model which is underpinned by a multi-theoretical framework: agency and resource dependency theories. This study also offers several recommendations for policy makers and firm-level corporate governance strategies in the mix of the numerous corporate governance reforms worldwide, this in particular makes this study unique.
|
132 |
An investigation of intellectual capital disclosure in annual reports of UK firms : practices and determinantsLi, Jing January 2009 (has links)
This study examines the intellectual capital (IC) disclosure practices in the annual reports of 100 listed UK firms selected from sectors considered to be IC-intensive. It also investigates the possible determinants of such disclosure practices from the three perspectives of corporate governance structure, company characteristics and market factors. IC disclosures were captured using content analysis, and were measured by a disclosure index, supported by word count and percentage of word count metrics to assess the variety, volume and focus of IC disclosure respectively, at both overall and subcategory levels. The presentational formats and locations of IC disclosures were also recorded. The results indicate that the UK firms sampled provide considerable IC information in their annual reports, mainly in text form, with popular use of numerical information, while the use of graphs and pictures for many IC elements remains low. The distribution of IC disclosures, captured in three categories, varies by the three measures of disclosure applied. IC information was found in virtually all sections of the annual report and was most concentrated in the Operating and Financial Review section. IC terms typically used in the academic literature do not feature in the sampled annual reports. The results of the statistical analyses based on the three measures of IC disclosure indicate significant associations with a number of corporate governance factors (i.e. board composition, share concentration, audit committee size and frequency of meeting, board directors' shareholding, audit committee directors' shareholding, and board directors with cross-directorships), company characteristics (i.e. firm size, profitability, and listing age), and market factors (i.e. 'hidden value', share price volatility, share turnover, and multiple listing). These findings offer support for a number of theories, such as information asymmetry, agency and signalling theory. The influence of these explanatory factors on human, structural and relational capital disclosures, based on all three disclosure measure metrics, as well as on the format of IC disclosure, was also explored. The study also finds that its IC framework is more effective than a less detailed framework used in prior studies for the purpose of examining IC disclosure practice and its determinants. The study contributes to the further advancement of the state of knowledge in relation to IC disclosure both empirically and methodologically. It provides information users, preparers, regulatory bodies and academics with a state-of-the-art understanding of IC disclosure practices in the annual report. The transparent content analysis process enables future replication and comparison of results. The rigorous measurements of IC disclosure, the greater specificity of disclosure about the location and presentational format, and the more detailed IC research framework can be usefully applied by other studies. By examining the relationship between explanatory factors and IC disclosure, it helps shareholders and other groups of information users as well as the regulatory bodies to identify factors that may encourage IC disclosure in the annual report.
|
133 |
The impact of e-marketing practices on market performance of small business enterprises : an empirical investigationEl-Gohary, Hatem Osman Aly Salem January 2009 (has links)
The major aims of this research are to explore and analyse the different factors affecting the adoption of Electronic Marketing (E-Marketing) by industrial and trading small business enterprises (SBEs); to explore the different forms, implementation levels and tools of E-Marketing used by these SBE and to investigate the relationship between E-Marketing adoption and industrial and trading SBEs marketing performance. It aims to develop a theoretical model that can help to understand and interpret these relationships and seeks to evaluate the potential of E-Marketing for SBEs in developed countries (UK) and developing countries (Egypt). This work builds on previous research in the fields of E-marketing and SBEs and adds to the relatively limited empirical research that has been conducted on E-Marketing in a small business context. This research develops and validates a conceptual model based on systematic and in-depth analysis of the literature in the field as well as the results of two exploratory studies conducted in Egypt and UK. It utilises a post-positivist research philosophy with a triangulation approach, in which quantitative and qualitative data is collected based on survey strategy through questionnaires, focus group and semi-structured interviews to address different levels of the study. Even though triangulation requires a commitment to greater amounts of effort, time and funds, it has the advantage of removing the bias that is often associated with the use of a single technique. This research finds that E-Marketing adoption by SBEs is significantly affected by their perception of E-Marketing relative advantage (usefulness), ease of use, compatibility as well as the SBE internal factors such as owner skills and support, available resources, organisational culture, type of products, international orientation and SBE size. On the other hand, the SBE internal factors have a positive direct impact on Technology Acceptance Model (TAM) and Innovation Diffusion Theory (IDT) related factors such as perceived ease of use, perceived relative advantage and perceived compatibility. These findings indicate that Internet Marketing and E-Mail Marketing are the most commonly used E-Marketing tools and that E-Marketing adoption has a strong positive impact on current and future marketing performance of SBEs. In terms of contribution to knowledge, this study provides an insight for entrepreneurs, policy makers, practitioners, researchers, and educators by providing a clearer view and deep understanding of the issues related to E-Marketing adoption and practices by small business enterprises as opposed to large companies. It addresses some research gaps in the field, particularly in terms of the impact of E-Marketing on marketing performance. The research model has been tested by a major survey of UK SBEs with a response rate of 32%, and has been robustly tested for reliability and validity. Moreover, the exploratory survey in Egypt indicated that there is another rich seam for investigation in terms of E-Marketing in developing countries. Overall the theory in the field of E-Marketing is still in its infancy stage and is not yet well established. This study can be considered as a step towards theory building in the field of E-marketing and has brought to light a number of concepts for the practice of E-Marketing by SBEs.
|
134 |
Achieving deep carbon emission reductions in existing social housing : the case of PeabodyReeves, Andrew January 2009 (has links)
As part of the UK’s effort to combat climate change, deep reductions in carbon emissions will be required from existing social housing. This thesis explores the viability of achieving such a goal through a case-study approach, focusing on Peabody, a large housing association operating in London. A model was developed for Peabody’s existing housing stock that quantifies the impacts of technical carbon reduction interventions on stock carbon emissions, Peabody’s expenditure and residents’ fuel bills for the period up to 2030. A participant observation study, conducted from 2006 to 2009, explored the impact of contextual factors influencing the viability of Peabody carrying out the considered technical interventions. The model study found that the Greater London Authority’s target of achieving 60% emission cuts by 2025 could be achieved, but only through extensive stock refurbishment, including a widespread use of solid wall insulation. An external context of substantial reductions in the carbon intensity of the national grid and constrained resident demand for energy is also required. Even where considerable financial support for refurbishment from Government was assumed, the model provided evidence of a funding gap of tens of millions of pounds which would need to be bridged if the required measures were to be carried out. The participant observation study found that the prohibitive cost of carrying out carbon reduction measures is the key barrier currently holding back progress. Other significant issues are related to Government policy, including the inability to raise income from residents to offset refurbishment spending, and the lack of a long term framework to drive action to reduce emissions from existing UK housing. By coupling an analysis of technical interventions with analysis of their financial and political viability, this thesis demonstrates that the achievement of deep emission cuts from Peabody’s existing stock is certainly possible, but requires changes in Government policy and increased efforts from all stakeholders concerned if it is to come to pass.
|
135 |
Cheers lads, let us bring some fish’n’chips to the smorgasbord! : - A case study of Volvo Aero integrating into GKN Aerospace.Mattsson, Andreas, Söderberg, Gustav January 2014 (has links)
The purpose of this thesis has been to examine how cultural differences influence post-acquisition organizational change when there is an acquisition between two countries, in this case, the United Kingdom and Sweden. The study followed a qualitative research method. This is to get a deep insight into the company's actions of how they assimilate and adapt to the new country and culture. The theoretical basis implies mainly acquisitions, culture, integration and organizational change. Furthermore, in the empirical part introduces one case company from the United Kingdom whose acquiring a Swedish company; how they have adapted to each other, how the cultural differences have influenced each other and how integration has proceeded. The analysis combines our theoretical framework with the collection of empirical data, which they put against each other in a discussion of how well the theory is consistent with empirical data. It also analyzes the context and differences between theory, empirical evidence and case companies' experiences from how the acquisition was formed. This is in order to find patterns showing how employees from lower to higher ranks within the company perceive the acquisition from a Swedish to a British company. The analysis leads to the conclusion that when the British company takes over a Swedish organization, extreme amount of changes need to be done. The British company culture is reflected by the national culture where financial profits are more important than the personal relationships that Swedes highly value. It is possible to deal with cultural differences if one is aware of their existence, even between countries where the cultural distance is extremely significant.
|
136 |
Information scientifique pour la recherche en éducation : analyse comparée de l’offre et des usages entre la France et le Royaume-Uni / Scientific information in educational research : a comparative study of supply and uses in France and the United KingdomDerfoufi dahoun, Ilham 19 June 2009 (has links)
L’efficacité d’un système d’information se mesure à sa capacité à proposer une offre documentaire adéquate afin de susciter des usages. Notre travail a consisté à étudier les deux composantes principales de systèmes d’information pour la recherche en Education, l’offre et les usages, dans un contexte numérique et international, en comparant les situations française et britanniques. La mise en regard de nos analyses a révélé quelques incompatibilités de l’offre notamment en France entraînant surtout un non-usage de l’information numérique par de nombreux chercheurs. L’offre numérique dans les bibliothèques française est essentiellement anglophone sont destinées à des chercheurs dont la majorité ne maîtrise pas la langue anglaise. L’offre numérique francophone est insuffisante et ne concerne pas tous les domaines de l’Education. Au Royaume-Uni, la situation est inverse, l’offre numérique est riche quasiment pour l’ensemble des champs de la discipline, le problème de la langue ne se pose pas et son usage est de fait très important. Ainsi, nos résultats indiquent que la nature de l’offre influe sur les usages. Par ailleurs, il apparait que l’usage de la documentation numérique peut aussi être lié à la culture technique (culture informatique et documentaire) et l’âge. Enfin, la culture de la discipline est un autre facteur prépondérant influençant les pratiques informationnelles des chercheurs en Education, une analyse de domaine nous a permis d’en avoir une connaissance plus précise. Il explique pourquoi certaines ressources numériques, telles les archives ouvertes, connaissent un faible usage tant en Fance qu’au Royaume-Uni / An information system can be considered as being efficient if it offers adequate documentation in order to generate usage. Our work was to study the two major components of information systems for research in education, supply and use, in a digital environment comparing the French and British situations. The results confrontation revealed some inconsistencies in supply especially in France involving mainly non-use of digital information by many researchers. The digital resources proposed by French libraries are mainly in English and most researchers do not speak this language. There are French language digital resources but this offer is not that privileged by scholars and does not cover all their areas of Education. In the United Kingdom, the situation is reversed, the digital offer is rich in almost all fields of discipline, the language problem does not arise and its use is very important. Thus our results show that the nature of supply affects uses. Furthermore, it appears that the use of digital documentation may also be linked to computer and information literacy and age. Finally, the disciplinary culture in another factor influencing the information practices of researchers in education a domain analysis has allowed us to have more precise knowledge. It explains for example why some digital resources, such as open archives, have a limited use in France as well as in the United Kingdom
|
137 |
Storbritannien i EU? : En pro - Contra - analys av den brittiska debatten om EU- medlemskap mellan två politiska aktörerEliassi, Karzan January 2017 (has links)
The debate concerning if United Kingdom should leave or stay in European Union is not entirely new. Due to political, economy and moral reasons have the debate been popular in the country. The purpose of this paper is to map the UK debate on the European Union. By using a Pro-Contrast analysis, this paper will also investigate arguments from Margaret Thatcher and David Cameron who have been prime minister for the country and party leader for the conservative party, Tories. Furthermore, the arguments will also be analyzed through theories of liberalism and realism. The debate for a European Union shows that arguments are based on liberalism and realism. The arguments also show that there here has been a change over two different times with two different political actors.
|
138 |
Social anxiety and quality of life in adolescents : cognitive aspect, social interaction and cultural tendencyAlkhathami, Saleh January 2014 (has links)
Aim: In recent years, research has concluded that social anxiety plays a key role in quality of life. The overall aim of this research was to evaluate social anxiety in adolescents with respect to determining how social anxiety affects quality of life. Method: This study was a cross-sectional study. A pilot study was conducted to cross-culturally adapt all scales by the recommended translated and back-translated method. The correlations of socio-demographic parameters with the SAS-A scores were examined. Data from a sample of 564 students (273 boys 48.4%, 291 girls 51.6%) were analysed. Adolescents from Saudi Arabia and the United Kingdom were screened and compared. Confirmatory factor analysis was utilised to build the proposed model based on prior research and theoretical findings. Finding: No significant sex difference in the SAS-A total score, fear of negative evaluation and social avoidance were found. Comparing the boys and girls on SPIN scores, Fear, Avoidance and Authority Problems, the results showed that boys reported higher in SPIN total, fear and avoidance (except authority problem subscale score) than did girls. SAS-A scores were higher in those with a low socio-economic level. Moreover, social anxiety symptoms among Saudi adolescents were more severe in boys. Results showed that adolescents without social anxiety scored higher on quality of life and its subscales than adolescents with social anxiety as measured by ASA-A. No significant difference was found in psychical health. Adolescents without social anxiety scored higher on quality of life and its subscales than adolescents with social anxiety as measured by SIAS. Adolescents without social anxiety scored on Positive Individualism more than adolescents with social anxiety. No significant difference was found in Positive Relatedness. In the cross-cultural study, the results showed no significant difference on SIAS scores for Saudi adolescents and British adolescents. However, a marginally significant differences was found on BAI scores, where Saudi adolescents reported higher level of anxiety than British adolescents. The British sample reported higher on the fear of negative evaluation than the Saudi sample. Structural equation modelling (SEM) was utilised to test hypotheses on the links between scores on the study scales. The findings indicate that the overall fit of the SAS-A model was acceptable. Direct effects between the study variables and significant positive correlation between cognitive factors and social anxiety were found. Mediation effects of SAS-A and SPIN were investigated by reporting direct effects, indirect effects and total effects. Results indicte that social anxiety significantly mediated the relationships between subjective anxiety, positive individualism, and cognitive and environmental health. Conclusion: It is therefore imperative that socially anxious students be provided with appropriate consultations and treatment so that they can improve their quality of life through integrating better with social institutions. If untreated, the impairment caused by social phobia could lead to poor academic and professional outcomes, as well as poor psychosocial outcomes.
|
139 |
Inter-departmental information sharing in local government authorities (LGAs) : the case of the United KingdomZiaee Bigdeli, Alinaghi January 2012 (has links)
This thesis focuses on investigating inter-departmental Electronic Information Sharing (EIS) through Inter-organisational Systems (IOS) in the context of Local Government Authorities (LGAs) in England and Wales. There is an increasing demand to involve LGA departments in sharing information electronically in order to reduce the cost of storing and managing data, increase the level of data accuracy and timeliness and improve the accountability of the authority. During the last decades, several LGAs in the United Kingdom have started to employ IOSs to support information sharing and networked collaboration within their departments in order to meet a diverse range of citizen needs including housing services, social care services and education services. However, reaching a great level of crossdepartmental collaboration is not easy and requires additional time and effort. Normative literature proposed various models and frameworks that examine various issues and factors influencing the effort of EIS in the private and public domain. However, the applicability and validity of those models in the context of LGAs is arguable. Therefore, this research proposes and validates a novel conceptual framework that can be used as a tool for decision-making while sharing information electronically. The framework consists of four main levels: (a) investigation and presentation of factors influencing Electronic Information Sharing in LGAs based on external environment, organisational capacity, technology environment, EIS characteristics and inter-departmental environment, (b) investigation and presentation of the phases that departments adopt while participating in the EIS effort, (c) mapping of the influential factors onto the participation phases and (d) prioritisation of the factors influencing EIS in LGAs in relation to different phases. By validating the conceptual framework through using a qualitative, interpretive, multiple case study research strategy, this thesis attempts to contribute to the theoretical, methodological and practical aspects of inter-departmental EIS. Despite the results of the cases cannot be generalised, yetthey can allow others to relate their views with the onesreported in this thesis.
|
140 |
APRÈS NOUS, LE DÉLUGE : Conservative media's xenophobic storytelling in the United Kingdom, USA and FranceSmith, Sabrina January 2019 (has links)
No description available.
|
Page generated in 0.3057 seconds