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Headquarter-subsidiary relationship : an empirical study in the country of Kingdom of Saudi ArabiaAlharbi, Jaithen January 2014 (has links)
This thesis is an empirical investigation into the control mechanisms of headquarters (HQ) exercised over their subsidiaries and is conducted with the help of primary data collected from 147 Multinational Enterprises (MNEs) operating in the kingdom of Saudi Arabia (KSA). Following on from the literature review, this study proposed that the headquarters-subsidiary mechanisms could be linked to agency theory (with the 'classical' principal-agent relationship as its core) and to resource dependency theory (implying relations between the subsidiary and other partners based on interdependence). Our results show that the agency and resource dependency mechanisms are indeed used side by side and complementary to each other to exercise control. The Headquarters-subsidiary model used in this study has four components of control in it: personal centralised control (PCC), bureaucratic formalised control (BFC), output control (OUT) and informal control (INFO). These controls (as an agency mechanism) provide a solid platform on which other mechanisms can be built. The complementarities of these control mechanisms may be linked to earlier studies that show that successful organisations combine tight control with more open, informal and flexible information and communication exchanges. A focus that bends too much towards formal control or too much towards informal control may threaten a company's existence. Our research provides an empirical explanation on this premise. The study found that Anglo-Saxon countries heavily use impersonal types of control mechanisms, specifically bureaucratic formalised control and output control. Compared to the US, the level of control in Oriental subsidiaries is less; or, put differently, the latter enjoy a greater degree of autonomy than US subsidiaries. Once a unit is operational, Oriental parent companies grant many more degrees of freedom than US parent companies. When we deconstructed the results for Europe, comparing German and British MNEs as a group to Oriental MNEs, we found that the latter exercised greater overall control. With regard to output and bureaucratic control, we found that both US MNEs and those from the Middle East exercised greater control than Oriental MNEs. The study drew the aspect of international transfers into the picture and investigated the role of expatriates in controlling subsidiaries. It has been recognised that expatriates can form both direct and indirect means of control. In executing direct types of control, expatriates directly supervised decisions taken at subsidiaries. The study found that this role is particularly strong in MNEs from Asia-Pacific countries and German MNEs, and is much less important in subsidiaries of Anglo-Saxon MNEs. We found that subsidiaries of German MNEs experienced a very high level of control; indeed, the only control mechanism that German MNEs did not implement among subsidiaries was control by socialisation and networks. German and Japanese MNEs are perhaps more rooted in business systems concerned with the management of issues internationally than American or British companies. The second group reflected that Anglo-Saxon countries heavily used impersonal types of control mechanisms, specifically bureaucratic formalised control and output control. When we deconstructed the results for Europe, comparing German and British as a group to Oriental MNEs, reveals the latter as possessing greater overall control. With regard to output and bureaucratic control, we found that both US MNEs and those from the Middle East exercised greater control than Oriental MNEs. Headquarters can strategize to implement control by the informal and social means method by positioning a sizeable number of managers from the home country within the subsidiary. Indeed, our results revealed this as true. It seems that their presence has positive and significant effects on most levels of control: personal, output, bureaucratic and informal. Contrary to this, however, we found that the presence of a sizeable number of expatriates (as opposed to headquarters managers) leaded to greater autonomy in subsidiaries. In terms of strategy and structure, we indicated that the three distinct organisational models identified for MNEs could be recognised in our study. Control INFO was significantly, positively related to global strategy, multi-domestic and transnational strategy compared with PCC, BFC, and OUT control mechanism. Conversely, BFC had a significant, negative and weak relationship with global strategy and transnational strategy, and no relationship with multi-domestic strategy. In general however, we can deduce the existence of a tendency for global, transnational and multi-domestic MNEs to use indirect control mechanisms and informal control suited to their integrated organisational models to a larger extent. Our results confirmed previous studies in the field of organisation theory, in the sense that size is an important explanatory factor for differences in control mechanisms. In contrast to these studies, however, a dominant effect was found only for the indirect control mechanisms. Few detailed studies that have investigated the effect of size on the two indirect control mechanisms; in actuality, most previous studies have focused on the direct control mechanisms (personal centralised control and bureaucratic formalised control) only. As such, our study reconfirmed the importance of the variable size, but concluded that it is mainly associated with higher levels of indirect control. The age of the subsidiary does not seem to have a significant influence on the type of control mechanism that is exercised by headquarters towards a particular subsidiary. Our study investigated the importance of various MNE characteristics in an attempt to explain performance differences between MNEs. The advantage of this study is that many of the characteristics that have been identified in previous literature as being important factors influencing performance were included in our research design, in order for us to be able to answer the other research questions. This therefore allowed us to assess the relative importance levels of different variables in explaining performance differences between companies, such as: country of origin, industry, size, interdependence, local responsiveness, knowledge flows, and the strategy and structure of the MNEs.
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The Meaning of Sexuality: A Critique of Foucault's <em>History of Sexuality Volume 1</em>Grow, Anne E. 01 April 2018 (has links)
Michel Foucault is a celebrated post-structuralist theorist that has helped shape gender and sexual theory. In A History of Sexuality Volume 1 Foucault dismantles many longstanding sexual traditions and morals by exposing them as societal constructs. According to Foucault, anonymous yet fully invasive power sources have shaped and continue to shape sexual culture and more importantly, individual beliefs about sexuality. However, Foucault's obsession with the influence of power limits his sexual theory in three particular ways. First, he disregards the female sexual experience; second, he undermines individual agency; and third, he undermines the innate desire for love and family. The first half of the paper focuses on his dismissal of the female experience and individual agency. This section of the thesis relies heavily on other feminist scholars, social studies, and the work of historians. The second half of the paper focuses on the human desire for love and family and looks to dystopian literature to help critique Foucault. Dystopian literature has often been paired with modern cultural criticism, including psychoanalysis and post-strucutralism as both act as critiques of the permeating effects of societal control at a community and individual level. However, even dystopian literature leaves some room for individual agency and explores the innate desire for love and family.
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An empirical study of the impact of changes in ownership structure on audit quality in an emerging stock marketZHANG, Fang 01 January 2003 (has links)
This study uses agency theory to test whether the demand for quality audits by listed Chinese companies is associated with changes in ownership structure, which is characterized by the dominance of the state, institutional and individual shareholders. The empirical test results obtained in a concentrated ownership setting are supportive of agency theory. Specifically, I find that the decrease of state shares and the corresponding increase of institutional shares result in a demand for higher-quality audits in China’s stock market. The results provide empirical support for the government’s recent initiative in reducing state ownership in listed companies to improve firm performance and the supply of quality accounting information through independent auditing.
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Engendering environmental justice: women's rhetorical collaboration for a more just and sustainable worldThomas, Christopher Scott 01 May 2018 (has links)
This dissertation examines how gender operates as agencies for women’s environmental justice activism. I contend that women’s activism, often taking place through collaborative and collective means, presents new opportunities to theorize rhetorical agency that include women-centric and leaderless forms of grassroots organizing. To this end, I explore various agencies for women’s collaborative environmental communication—motherhood, eco-spirituality, and political calls for recognition—that work to test the boundary conditions of rhetorical studies in ways that find empowerment and resistance in a collective rather than in any one particular person. In developing these accounts, I construct a framework that emphasizes the agentic capabilities possible through collaborative rhetorics of resistance—the communicative performances of defiance and empowerment put forth by groups of people that often result in the articulation of collective identities, the challenging of dominant structures and institutions of power, and work to inspire mutual critique and reflection in others. Theories of rhetorical agency assist in documenting and illuminating the ways speakers navigate discursive and material constraints as they bring their audience to action, but often do so by privileging the rhetoric of individual (male) speakers. By exploring collaborative rhetorics of resistance, this dissertation project tests the boundary conditions of rhetorical agency and generates a more comprehensive understanding of how loose networks of people enter into, take part in, and possibly redirect the course of environmental deliberations. This dissertation project is focused on the ways in which women rhetorically collaborate to craft collective subjectivities, protest environmental threats to their families and communities, and inspire mutual critique and reflection in others.
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Haunting moments in technocontexts: a framework for understanding the emergence of power, identities, and emotionsLaurich, Lindsay Nicole 01 July 2012 (has links)
This thesis addresses a series of disconcerting moments that emerged during a research study with seven fourth and fifth grade students who participated in an after-school Technology Think Tank and their classroom teachers at a Midwestern elementary school. These moments were marked by heightened power, identity performances, and emotions and were disturbing not only as they occurred, but remained bothersome upon reflection in the days and weeks afterwards. In this research I call them ‘haunting moments.'
The primary data sources for this research were audio and video files that I initially analyzed for volume. This process verified my premise that the haunting moments were linked to an increase in speaking volume that differentiated them from other discourse. Then I employed a two-fold coding approach including interpretive phenomenological analysis which generated a comprehensive list of codes including textual and social functions of technologies.
My analysis led to a pursuit for a framework for understanding the haunting moments in the Think Tank and classrooms. I contextualized them within a theoretical matrix which included the dialectical relationship of standardization and resistance and the inextricable role of power, identities, and emotions with that dialectic. Standardization was accomplished through mechanisms of control that I identified as discursive positioning and surveillance. These mechanisms were resisted by mechanisms of agency. I also described the important role of technology-- which mediated the mechanisms of control and agency that were used in the service of standardization and resistance.
Theorizing and framing haunting moments leads to a more complex understanding of literacy learning. This research describes how standardization and resistance, along with the emergence of moves of power, identities, and emotions are an inevitable outcome of participation in discourse communities, however this inescapability does not signify inevitability or preclude agency through improvisation or authorship.
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What insight do market participants gain from dividend increases?Ellis, R. Barry 05 1900 (has links)
This study examines the reactions of market makers and investors to large dividend increases to identify the motives for dividend increases. Uniquely, this study simultaneously tests the signaling and agency abatement motivations as explanations of the impact of dividend increases on stock prices and bid-ask spreads. The agency abatement hypothesis argues that increased dividends constrict management's future behavior, abating the agency problem with shareholders. The signaling hypothesis asserts that dividend increases signal that managers expect higher or more stable cash flows in the future.
Mean stock price responses to dividend increase announcements during 1995 are examined over both short ( _1, 0) and long ( _1, 504) windows. Changes in bid-ask spreads are examined over a short ( _1, 0) window and an intermediate (81 day) period. This study partitions dividend increases into a sample motivated by agency abatement and a sample motivated by cash flow signaling. Further, this study examines the agency abatement and cash flow signaling explanations of relative bid-ask spread responses to announcements of dividend increases. Estimated generalized least squares models of market reactions to sampled events support the agency abatement hypothesis over the cash flow signaling hypothesis as a motive for large dividend increases as measured by Tobin's Q and changes in the distribution of cash flows.
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RELIGIOUS AMBIVALENCE AND THE PROBLEM OF AGENCY : A Qualitative Study on Cognitive Dissonance among Mormon FeministsTorgrimsson, Kristel January 2019 (has links)
The scholarly field of traditionally religious women has during the last decade gone from a so called “paradox-approach” which identifies women’s agency with the capacity of acting autonomously – something most clearly demonstrated through acts of resistance – to a nonparadox approach defining agency as a continuum encompassing both resistance to and compliance with traditionally religious structures. While the latter approach assumes that women’s participation in traditional religions is not necessarily a paradox – mainly because some women value religious submission – this thesis argues that the paradox of women and religion becomes essential when speaking about religious feminism. This has proven particularly evident in this study’s Grounded theory approach to blog posts written by Mormon feminists. By combining theories on cognitive dissonance with religious ambivalence this thesis finds that Mormon feminist bloggers express an agency of virtuous ambivalence where they perceive the relationship between their faith and their feminism as dissonant but simultaneously describe this as an ambivalence of religious virtue which bestow upon them a sense of freedom, authenticity and creative potential.
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Strategies to Improve Employee Engagement in a U.S. Federal Government AgencyHyde, Patrick L. 01 January 2017 (has links)
Nearly half of all frontline leaders in U.S. federal agencies during 2015 were unprepared to improve employee engagement. The lack of successful strategies to improve employee engagement in federal government agencies has led to decreased operational performance. Guided by the employee engagement theory as the conceptual framework, the single case study design was selected to explore the successful strategies that frontline leaders use to improve employee engagement at a federal agency in central Maryland. Data collection involved face-to-face, semistructured interviews with 4 frontline leaders and federal agency documents indicating employee engagement. The data analysis process included Yin's 5-step method and revealed 2 major themes: effective organizational communication, and enhancing employee development. Employee engagement improves if frontline leaders use strategies that involve effective organizational communication and enhancing employee development to promote open, transparent communication, teamwork, collaboration, skills development, incentives, rewards, and improved work-life balance. The implications for social change include the potential to implement successful engagement strategies in the federal agency, because employees who are more engaged generate better performance and productivity, build valuable work relationships, enhance career, and increase wages to improve the well-being and prosperity of themselves and their families. Improved performance and productivity could help to lower operating cost at the federal agency; thus, creating opportunities to reinvest savings into local community outreach programs that contribute to healthy living, well-being, and economic prosperity.
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Heteroglossia and persuasive discourses for student writers and teachers: Intersections between out-of-school writing and the teaching of EnglishAldrich, Debora Lynn Hill 01 May 2014 (has links)
Research studies have investigated issues in the teaching of writing, particularly at the elementary and university levels. Studies of out-of-school writing done by adolescents have focused on digital contexts and social media. This study examines the intersections of the out-of-school and in-school writing worlds of three high school writers: a poet, a novelist, and a contest essay writer. I use data gathered over seven years from the student writers and four of their English language arts teachers. Research questions focused on how notions of student writers and the teaching of high school English might be informed by the ways student writers described their out-of-class writing and motivation for writing, how their teachers developed and implemented their philosophies and practices in teaching writing, and how the student writers developed their internally persuasive discourses about writing. In analyzing case study data to answer these questions, I used constant comparison analysis and narrative inquiry analysis, drawing upon theories of heteroglossic discourses, figured worlds, and writing identity. My findings show that in the intersections of out-of-school and in-school writing experiences, students select some writing practices and discourses from their teachers to adopt or adapt, such as developing writing processes, participating in writing communities, and caring about writing. They complicate their definitions of writing, however, as they create figured worlds of writing in which they explore identity, navigate and negotiate complex emotions, and receive recognition. The students illustrate their dialogism with writing discourses in stories of improvisation in which they find power and enact resistance. I argue that writing teachers need encouragement, education, and agency to entertain more complex perceptions of student writers and teaching writing to support students for future personal, academic, career, and public discourse worlds.
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Individual, agency, and state economic characteristics: a comparative analysis across state-federal vocational rehabilitation agenciesChamberlain, Tawny 01 August 2018 (has links)
State federal vocational rehabilitation (VR) agencies are one of the most wide spread and oldest programs designed to help individuals with disabilities. Currently, VR agencies provide various services designed to aide individuals with disabilities obtaining and maintaining employment. Currently, VR agencies serve approximately 1 million individuals with disabilities and spend about 3 billion dollars annually. Given how large and the amount of state and federal dollars are spent on VR, it is important that the outcomes of this program are researched and evaluated.
The purpose of this study was to examine how different variables are related to VR outcomes across states. More specifically, this study utilized the International Classification of Functioning, Disability and Health (ICF) as a framework to study how contextual factors such as personal characteristics, agency level factors, and state-economic variables impact the employment rate of three different groupings based on state VR agency performance.
This study utilized secondary data analysis to explore these relationships using the FY 2013 RSA-911 dataset was paired with the 2013 American Community Survey (ACS). Multiple regression analysis was used to investigate the relationships that exist between personal characteristics and state economic factors across the VR performance groups. Further, a hierarchical linear model (HLM) was used to investigate how the relationship between personal level characteristics and state economic variables may be influenced by investigating this data by considering the levels of the agencies.
Results of this study revealed that agency-level factors and state economic variables are important predictors of the employment rate. The final model of the HLM found that state economic variables and agency-level factors moderate the relationship between personal characteristics and the employment rate. Further, all agency-level factors and state economic variables except poverty resulted in a significant relationship regarding the employment rate. In this final model, none of the personal characteristics were significant. The results of the multiple regressions revealed different relationships exist among personal characteristics, agency-level factors, and state economic variables and employment rate given the performance group.
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