The key objective of this research is to examine various issues relating to trades of UK directors (insiders’) in their company shares. Specifically, we examine the general patterns and characteristics of directors’ trades, the seasonality patterns of aggregate directors’ trades (measured by insider aggregate number and value of insider trading activities), the impact that director’s age has on trade informativeness, and the effect of industry classification on the information content of directors’ trades. To the best of our knowledge, no empirical examination of these issues has yet to be examined. When examining the general patterns and characteristics of directors’ trades, we find that directors buy more frequently than they sell but the average value of sell trades are approximately seven times larger, which suggests that directors sell less frequently but in larger monetary amounts. Furthermore, the majority of trades occur for directors aged between 45 and 65. Small transactions tend to be purchases while large transactions tend to be sells. The majority of the trades were by former directors (for both transaction types) followed by executive and non- executive directors. The majority of trades occurred in the financial industry. When examining the seasonal patterns of aggregate directors’ trades (as measured by the number and the value of insider transactions), the results show that there is a day of the week anomaly in aggregate insider activities. Insiders tend to trade more on Fridays and less on Tuesdays. Also, there is a month of the year anomaly in aggregate insider activities (as measured by the number of insider transactions). Specifically, insiders tend to trade more in March and trade less in August. The impact of director’s age is also examined, and the results suggest that younger directors’ buy transactions produce significantly higher abnormal returns than older directors. There is some evidence of statistically significantly negative CAARs for younger directors’ sell trades. When controlling for director type, we find that younger executives (formers) are more informed about their buy trades than executives (formers) of other age groups. Unlike the previous pattern, older non-executives (over 70) seem to be more informed about their buy trades than younger non-executives. Finally, the results of whether industry classifications have an impact on the informativeness of directors’ trades indicate that abnormal returns are highest for directors of technology industries. The level of information asymmetry has an impact on the informativeness of directors’ trades. Specifically, insider gains are highest, for directors, in high R&D, high volatility, low regulated, highly concentrated, and low CEO compensation industries/sectors.

Regarding a broader topic of management, the diploma work deals with the resistance to changes, causes of its development and options how to decrease it. It aims to reveal the structure of resistance in specific and most common changes in the life of elementary schools. Furthermore, it intends to discover which variables are of the greatest influence on the formation and power of resistance, to find common characteristics for identical changes at various schools and to formulate recommendations to the management how to decrease the degree of resistance to introduced changes. The work is composed of a theoretical part based on the studies of contemporary knowledge and a practical part - a research in which data were obtained and processed. The research method included a questionnaire survey. Among the most significant results the following fact was ascertained: a very high influence of the contribution of changes to the overall resistance to changes Teachers are willing to accept high demands of a change if they perceive its contribution positively. This influence is demonstrated in various groups and viewpoints of assessment. Teachers, primarily men, need to verify that the changes will be beneficial. Women show a greater resistance to changes than men. Women perceive the demands of changes in a...

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This thesis deals with the "trinity" of kindergarten director roles. The aim of work is treated general study supported by professional literature, legal standards, practical experience, crucial documents dealing with the level of education, research in undergraduate dissertations and thesis and requirements with a focus on the role of director of a kindergarten in leadership, management and teaching. The treated study supported by research calls for a reassessment of the existing status and re-evaluation of the various roles while maintaining synergy in their entirety, not just in relation to the threat of quality and effectiveness of each role undertaken, but also in the context of reflection on the possible standardization of kindergarten director, as is already existing abroad. The benefit of this work is part of the research that has been given to the identification of relevant knowledge about the proportion of time that kindergarten directors devote and demand for education, management and leadership and also to determine what benefits would be created by changing the distribution of proportions of time in his three roles - leader, manager and executor.

5 TITLE: Evaluation of directors of elementary schools and kindergartens from the perspective of municipal founders in the Pilsen region and determination of evaluation criteria. AUTHOR: Miroslava Chottová DEPARTMENT: Centre for Education Management SUPERVISOR: Doc. Jaroslav Kalous, Ph.D. ABSTRACT: The main subject of this dissertation is process of evaluation of directors at elementary schools and kindergartens by municipal founders in region of Pilsen and matters related to it. The content is based on specialized literature, results of questionnaire research done with the municipal founders and also the directors of elementary schools and kindergartens, and practical experience. The partial objective of this work is to confirm or alternatively disprove hypotheses regarding the evaluation of the directors at elementary schools and kindergartens by municipal founders (evaluation according to criteria, evaluation as a motivational factor), based on mapping the methods of assessment of the directors and the criteria currently applied by the founders. The main objective of this work is to process a sample for methodical evaluating procedure including a sample set of evaluating criteria, based on findings in the specialized literature and questionnaire research, and own experience. The methodical procedure...

<p>Denna rapport beskriver utvecklingen och skapandet av examensarbetet utfört på uppdrag av Destination Norrköping KB. Destination Norrköping KB är ett serviceföretag. Verksamheten kan sammanfattas i två huvuduppgifter - Marknadsföring och utveckling av Norrköping som besöksort samt försäljning, marknadsföring och utveckling av Louis De Geer konsert&kongress och Värmekyrkan. För att göra arbetet inom företaget effektivare skapades som examensarbete ett intranät och en cd-produktion, innehållande företagspresentation och frågesport, till företaget. Intranätet skulle användas i det vardagliga arbetet på företaget och cd- produktionen/frågesporten för att visa upp företagets bästa sida vid mässor och liknande evenemang. Frågesporten var tänkt som ett test på hur mycket betraktaren kan om staden Norrköping. Detta för att få fram företagets ständiga strävan att marknadsföra sin stad. </p><p>Intranätet är tidsenligt och följer Destination Norrköpings hemsidas struktur och uppbyggnad. På ett intresseväckande och övergripande sätt marknadsför och informerar företagspresentationen företaget, medan frågesporten roar och underhåller. </p><p>Materialet till både intranätet, cd-produktionen och frågesporten är hämtat hos Destination Norrköping KB och med hjälp av digitalkamera. Resultatet blev ett intranät som fungerar som en hjälpande hand i arbetet, och som har förenklat informationssökandet för personalen samt en cdproduktion som beskriver och visar upp företaget utåt. </p> / <p>Abstract This report describes the development and creativeness of examination result commisioned by Destination Norrköping KB. Destination Norrköping KB is a service company. Business and activities are based on two main tasks - marketing and development of Norrköping as a place to visit as well as marketing and development of Louis De Geer concert&congress and Värmekyrkan, (church). To achieve a better efficiency within the company a intranet and CD-production, including a company presentation and a quiz was created. The intranet is supposed to be used for the daily work and the CD-production to show the best from the company at exhibitions and simular events. The quiz is supposed to be a test to show how much the observer knows about the town Norrköping. </p><p>The intranet is up-to-date and are in line with "Destination Norrköpings" home- page and build-up structure. The company presentation will give a very interesting and overall wiew of the company while the quiz is more of a entertainment. </p><p>Main body of information for both the intranet, CD-production and the quiz, is based on information from "Destination Norrköping KB" as well as the use of a digital camera. The outcome is a friendly use intranet, working as a helping hand. It has even simplified the search of information for people involved as the CDproduction describes and show the company to the public.</p>

<p>Mitt syfte har varit att utreda vad som motiverar fastighetsmäklaren i sin yrkesroll samt att utreda hur dess chefer bedömer medarbetarnas motivation och dess påverkan för arbetsprestationen. Jag har använt flera teorier som kunnat kopplats till empirins resultat. Några av de slutsatser som framkommit är bland annat att motivationsfaktorer varierar beroende på individ och därmed fastighetsmäklare. Nöjda kunder, trivsel på arbetsplatsen, varierade arbetsuppgifter och en god lön har dock uppkommit vara betydande motiverande faktorer för mäklarna. Cheferna bör skapa en bättre dialog med mäklarna för att öka medvetenheten kring medarbetarnas motivationsfaktorer. På så sätt elimineras risken att cheferna utgår från egna motivationsfaktorer snarare än medarbetarnas.</p> / <p>My purpose with this study has been to investigate what it is that motivate an estate agent and to investigate how the directors estimate the co-workers motivation and its influence on performance. I have hold to several theories that I could connect to the empirical result. Motivation factors vary depending on each individual and therefore estate agent. Satisfied customers, comfort at work, vary tasks and a good salary seems to be significant motivation factors for the estate agents. The directors should create a better dialogue with the estate agents to increase the wariness of the co-workers motivation factors. On that way the directors eliminate the risk that they assume their own motivation factors rather than the co-workers.</p>

Mitt syfte har varit att utreda vad som motiverar fastighetsmäklaren i sin yrkesroll samt att utreda hur dess chefer bedömer medarbetarnas motivation och dess påverkan för arbetsprestationen. Jag har använt flera teorier som kunnat kopplats till empirins resultat. Några av de slutsatser som framkommit är bland annat att motivationsfaktorer varierar beroende på individ och därmed fastighetsmäklare. Nöjda kunder, trivsel på arbetsplatsen, varierade arbetsuppgifter och en god lön har dock uppkommit vara betydande motiverande faktorer för mäklarna. Cheferna bör skapa en bättre dialog med mäklarna för att öka medvetenheten kring medarbetarnas motivationsfaktorer. På så sätt elimineras risken att cheferna utgår från egna motivationsfaktorer snarare än medarbetarnas. / My purpose with this study has been to investigate what it is that motivate an estate agent and to investigate how the directors estimate the co-workers motivation and its influence on performance. I have hold to several theories that I could connect to the empirical result. Motivation factors vary depending on each individual and therefore estate agent. Satisfied customers, comfort at work, vary tasks and a good salary seems to be significant motivation factors for the estate agents. The directors should create a better dialogue with the estate agents to increase the wariness of the co-workers motivation factors. On that way the directors eliminate the risk that they assume their own motivation factors rather than the co-workers.

La tesis está estructurada en dos partes. En la primera parte establecemos el marco teórico-analítico para analizar las partituras y textos elegidos. Este marco es la dramaturgia musical de la que aclaramos conceptos y establecemos tipologías que nos sirvan para el análisis de la música en las obras de teatro. También hacemos un repaso histórico de las intervenciones musicales para teatro.En la segunda parte describimos la interrelación entre el director de escena Cayetano Luca de Tena y el director musical Manuel Parada de la Puente mediante escritos que lo demuestran, dentro del Teatro Español de Madrid en los comienzos del Régimen Franquista. También realizamos un análisis de la música incidental de las diecinueve obras de teatro elegidas como muestra, conjuntamente con el análisis de los elementos de dramaturgia musical de sus textos correspondientes para la reconstrucción de su puesta en escena. / The thesis has two parts. In the first one we establish the theoretical-analytical frame in order to analyze the chosen scores and texts. This frame is the musical dramatical, from which we define concepts and we establish a classification so that it can help us to analyze the music in the plays. We also make a historical evaluation of the music in the plays. In the second part we make a description of the interactive relationship between Cayetano Luca de Tena, Scene Director, and Manuel Parada de la Puente, Musical Director, with documents with prove it, in the Spanish Theatre of Madrid at the beginning of the Franquism Regime. We also do an analysis of the incidental music of the nineteen theatre plays chosen like a sample, as well as the analysis of the elements of musical dramatical from its texts in order to reconstruct the plays.

As choir masters, many organists have the responsibility of hiring and working with paid singers as well as a dedicated group of volunteer singers ranging in experience from novice to advanced. The similarities of the human voice to the pipe-organ are numerous. Using these similarities and scientific analysis of the two instruments, organists can familiarize themselves with the tuning system of the human voice. Like the pipe organ, the human voice is capable of wide variety of sounds, qualities, textures, pitches and levels of volume. Unlike an organ pipe, the voice is not a fixed resonator. The voice is the most flexible of all musical instruments. Instructing an ensemble of singers to shape their sound simultaneously is the beginning of “tuning your choral pipes.” It will be important to establish terminology with your singers in order to successfully communicate with them despite their varying levels of ability and pronunciation differences. Becoming familiar with the mechanics of the voice and an alphabet of pure vowel sounds can help organist-choir masters achieve a greater degree of success when working with singers. The stops, pipes and expression pedal of the human voice are defined by the laryngeal muscles as they relate to registration, the vocal tract shape as defined by the vowel, and the amount of volume created by the air pressure. This guide for organists covers these topics and contains exercises for the reader to apply during choral rehearsals.