With the recent financial crisis that have happened and the global move towards fair value accounting financial institutions such as the IASB saw fit to increase the mandatory disclosure requirements by implementing IFRS 13 to regulated fair value accounting in IFRS. The implementation of IFRS 13 means that many of the old standards in regards to fair value will be replaced, for example investment properties reporting under IAS 40. Furthermore IFRS 13 redefines the classification system for assets and liabilities.   The purpose of this study is to investigate whether these changes have any influence on investment decisions. This has been done by adopting a qualitative abductive descripto-explanatory approach to our research, and our empirical data was gathered through semi-structured interviews with academics and audit professionals.   The analysis of our empirical data suggests that the implementation of IFRS 13 and its increased disclosure requirements have been useful to investor’s decision making. IFRS 13 accomplishes this through its increased clarity in financial reporting. However investors should be mindful whilst investing in companies utilizing Level 3 valuation techniques because they use estimates of unobservable inputs and because such estimates are hard to control they are prone to bias, error, and manipulation.

Les contrariétés de décisions de justice sont extrêmement nocives. D’une part, elles représentent une menace pour la cohérence du droit. D’autre part, elles pèsent lourd sur la situation des parties, mettant ces dernières dans des situations inextricables. En tant que mode juridictionnel de règlement des litiges, l’arbitrage international n’échappe pas à ce phénomène. Au contraire, les spécificités de la matière en font un terrain de prédilection pour le développement des contrariétés de décisions. En effet, les contrariétés résultent de la conduite parallèle de procédures portant sur des questions litigieuses identiques, sur lesquelles sont portées des appréciations divergentes. Or, l’arbitrage international se présente comme un facteur d’aggravation de ces causes classiques de contrariété, à savoir la concurrence juridictionnelle et l’incohérence des solutions. Le risque de contrariété y est à la fois fréquent et varié. Il se présente dans diverses configurations, opposant tantôt des décisions étatiques d’encadrement de l’arbitrage, tantôt une sentence arbitrale et une décision étatique ou encore deux sentences arbitrales.En dépit de la gravité du problème et de la fréquence du risque de contrariété, l’arbitrage international paraît mal armé pour y faire face. Il est confronté d’une part aux limites de l’efficacité des remèdes curatifs, qui se contentent souvent d’écarter la contrariété d’un territoire donné, et, d’autre part aux difficultés de mise en œuvre des remèdes préventifs. / The phenomenon of conflicting decisions is extremely hazardous. On the one hand, they represent a threat to the coherence of the legal systems. On the other hand, it places a burden on the parties, putting them in an inextricable situation. Being a jurisdictional dispute resolution method, international arbitration does not escape this phenomenon. On the contrary, the specificities of arbitration make it the territory of predilection for the appearance of conflicting decisions. In fact, conflicting decisions result from the conduction of parallel proceedings concerning identical issues, which receive a different analysis. International arbitration aggravates the classical causes resulting in conflicting decisions. These causes are the competition between jurisdictions and the incoherence of the solutions.The risk of the existence of conflicting decisions is frequent and it presents itself is several manners. It can oppose national courts’ decisions assisting and controlling the arbitration, an arbitral award and a national court’s decision or even two arbitral awards.Despite the gravity of the problem and the frequency of the risk of having conflicting decisions, international arbitration seems unarmed to deal with it. Firstly, it is confronted with the limited efficiency of the curative solutions, and secondly, with the difficulties of applying preventive solutions.

abstract: This study examines the contemporary school placement decisions of Navajo parents in the reservation community of Piñon, Arizona. School placement decisions are defined as the school where the parent chooses to enroll his/her child for schooling. Twelve Navajo parents participated in this qualitative study, which explored their past educational experiences in order to garner insight into the current school placement choices they have made for their children. Navajo parents who live within the community of Piñon, AZ who currently have school-aged children living in their household were recruited to participate in this study. Participants took part in 60- to 90-minute interviews that included questions related to their prior educational experiences and current school placement choices for their children. Parents were given an opportunity to reflect about the school placement decisions they have made for their children. The variety of schools Navajo parents are able to choose from were illuminated. These findings have implications for education decision makers by providing insight into which schools parents are choosing and why. The study will assist Navajo Nation policy makers in future educational planning, and may have more general implications for American Indian/Alaskan Native education. This may assist Navajo Education policy makers in making future decisions regarding the newly developed Navajo Department of Education and its education planning. Participants will also benefit from the study by being able to understand how the past has impacted the school placement choices they have made. In doing so parents may be better able to articulate the impetus behind the choices they make for their children, thereby becoming better advocates for themselves and their children. The results of this study impacts scholarly literature as a new viewpoint in the area of school choice. Navajo parents represent a distinct group who make educational choices within a specific context. This study is unique as the impact of historical Indian education policies is considered. Future studies can further expand on the topic creating a unique area of research in the field of Indian education. / Dissertation/Thesis / Ed.D. Educational Administration and Supervision 2011

There is still limited knowledge available on how SME and midcap firms perform financing decisions and on what such a decision is based on. The literature revealed that capital structure theories can only partly explain parameters that determine financing decisions, particularly in a bank dominated lending environment like in Germany. Academic research tried to expand towards a broader and more strategic approach regarding a financing strategy and towards behavioural bias of a company's management. Furthermore, existing research tried to identify an interaction between business strategy and financing strategy but failed to identify a causal direction so far. The present research provides a unique research approach to bridge this gap as it introduces a new aspect into the discussion on the decision for a financing instrument and whether a formulated financing strategy is followed. Based on a case study approach that combines manager interviews, document analysis and calculation of key financial ratios, the research explores the management's decision in a specific situation, the refinancing of standard mezzanine. Firms that used standard mezzanine had to perform a decent refinancing decision between the years 2011 and 2014 as there was no exact substitute instrument available in financing markets anymore. The results showed that a financing strategy exists in the cases explored, but elements and form varied across cases. In addition, the cases indicated that behavioural bias on management level might exist, based on identified inefficiencies and delays. However, these inefficiencies cannot be primarily assigned to owner-managers as done by previous research. Furthermore, a causal direction between business strategy and financing strategy could be indicated in the cases investigated. The results led to the development of a financing strategy typology, based on existing types of business strategies that might help to explain financing decisions. A template for a holistic financing strategy has been designed based on the investigations that allows midcap firms to establish and implement their own financing strategy (or adjust their existing strategy). The holistic framework provides core elements and financing principles as well as a prototype financing process that help to avoid the identified inefficiencies in their financing processes.

O objetivo deste estudo foi analisar o processo de mudança institucional no campo organizacional, observando esse fenômeno pela emergência de lógica de mercado no campo acadêmico brasileiro. O estudo propõe uma reflexão sobre a mudança institucional em universidades brasileiras, inserida em novo contexto de políticas governamentais baseadas na ideia de “inovação”. Nas últimas décadas o debate internacional sobre o tema da inovação tem cada vez mais inserido a universidade como um agente que contribui para o desenvolvimento econômico. A partir dos anos 2000, verificou-se o surgimento de novas diretrizes nas políticas de ciência e tecnologia no Brasil. Destacam-se entre essas mudanças a reestruturação das fontes de financiamento à pesquisa por meio da criação dos Fundos Setoriais, que visou promover o desenvolvimento de projetos de inovação de acordo com os setores da economia, a Política Industrial, Tecnológica e de Comércio Exterior (PITCE), a Lei de Inovação e o Plano de Ação de Ciência, Tecnologia e Inovação (PACTI). Embora essas políticas fossem direcionadas para a indústria, constatou-se que novas práticas começaram a se difundir no campo acadêmico. Foi observado o rápido crescimento do número de depósitos de patentes, o envolvimento de pesquisadores em estruturas de interface universidade-empresa e a difusão de empresas fundadas por cientistas. Esse fato indicou a difusão de práticas orientadas por lógica de mercado no campo, mesmo sem um projeto empreendedor. Diferentemente dos argumentos institucionalistas que defendem que a mudança de lógicas no campo ocorre pela atuação de empreendedores institucionais, constatou-se que a inserção de lógica de mercado no campo estava associada à mudança na disponibilidade de recursos. Os cientistas assumiram práticas orientadas por lógicas alternativas na medida em que identificaram recursos para sustentá-las. O modelo de análise proposto neste estudo destaca a importância do conceito de ecologia nos estudos sobre a mudança institucional. A análise utilizou dados secundários, como estatísticas oficiais, documentos e estudos prévios. Também foram realizadas entrevistas semi-estruturadas como técnica de coleta e análise de conteúdo categorial como técnica de análise. / The objective of this study was to analyze the process of institutional change in the organizational field, observing this phenomenon by the emergence of market logic in the Brazilian academic field. The study proposes a reflection on institutional change in Brazilian universities, inserted in a new context of government policies based on the idea of "innovation". In the last decades the international debate on the theme of innovation has increasingly inserted the university as an agent that contributes to economic development. From the 2000s onwards, the emergence of new guidelines in science and technology policies in Brazil. Of note among these changes are the restructuring of sources of research funding through the creation of Sectorial Funds, which aimed to promote the development of innovation projects according to the sectors of economy, Industrial, Technological and Foreign Trade Policy (PITCE ), The Innovation Law and the Plan of Action for Science, Technology and Innovation (PACTI). Although these policies were directed towards the industry, it was found that new practices began to spread in the academic field. The rapid growth in the number of patent deposits, the involvement of researchers in university-enterprise interface structures and the diffusion of companies founded by scientists were observed. This fact indicated the diffusion of practices guided by market logic in the field, even without an entrepreneurial project. Unlike the institutionalist arguments that the change of logics in the field occurs by the action of institutional entrepreneurs, it was verified that the insertion of market logic in the field was associated to the change in the availability of resources. Scientists have assumed practices guided by alternative logics insofar as they have identified the resources to sustain them. The analysis model proposed in this study highlights the importance of the concept of ecology in studies on institutional change. The analysis used secondary data such as official statistics, documents and previous studies. Semi-structured interviews were also conducted as a technique for collecting and analyzing categorial content as a technique for analysis.