This dissertation provides results of three studies, which examine the utilization of organizational performance measurement systems. Evidence gathered in the first study provides insight into the number of perspectives or components found in the evaluation of an organization's performance and the relative weight placed on those components. The evidence suggests that the number of performance measurement components and their relative composition is situational. Components depend heavily on the strategies selected by the organization. Bottom-line financial measures like return on invested capital and net profit, while perceived as more important than their nonfinancial counterparts, were not part of the extracted components suggesting that they were viewed as outcomes to be achieved by controlling key nonfinancial measures. The second study examines potential cognitive difficulties inherent in the use of performance measurement systems. Results suggest that whether performance was better than target, worse than target, or equal to target does not affect the perceived importance of the measures. Results also suggest an emphasis on historical financial measures and a lack of emphasis on more forward-looking nonfinancial measures. In addition, there is evidence of a halo effect in that an organization's performance on financial measures appears to influence an individual's perception of the organization's performance on nonfinancial measures. The third study uses structural equation modeling and other related procedures to examine the relationships surrounding an executive's use of performance measurement information. Results suggest that a personality characteristic of executives, specifically their intolerance of ambiguity, affects the amount of information perceived to be important in a performance measurement system. The results further suggest that the amount of information perceived to be important affects the evaluation of organizational performance with perceived risk serving as a mediating variable. Overall, these three studies add to our knowledge of organizational performance measurement system utilization by examining the relative weightings of performance measures, the judgmental effects from utilization of performance measurement systems, and the impact of intolerance of ambiguity on the importance of performance measurement data. In addition, this dissertation examines the link between performance measurement data and the perception of risk in the evaluation of organizational performance. / Ph. D.

We examine risk taking when the bank's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second-order probability distribution that captures the bank's uncertainty about which of the subjective beliefs govern the financial asset return risk. Ambiguity preferences are modeled by the (second-order) expectation of a concave transformation of the (first-order) expected utility of profit conditional on each plausible subjective distribution of the return risk. Within this framework, the banking firm finds it less attractive to take risk in the presence than in the absence of ambiguity. This result extends to the case of greater ambiguity aversion. Given that the competitive bank's smooth ambiguity preferences exhibit non-increasing absolute ambiguity aversion, imposing a more stringent capital requirement to the bank reduces the optimal amount of loans, if the bank's coefficient of relative risk aversion does not exceed unity. Ambiguity and ambiguity aversion as such have adverse effect on the bank's risk taking.

The aim of this thesis is to focus on the concept of flexicurity, accepted as the new labour market model balancing the needs of employers for greater flexibility in order to adapt to market forces, and the need of employees for security, which has recently been one of the most popular concepts of the debate on labour market reforms in the European Union. While doing so, this thesis discusses the position of key European institutions, especially of the Commission of the European Communities. The main argument is that the concept is still very open to alternative interpretations at the European Union level. Related to this openness is the fact that the Commission has deliberately instrumentalized the concept&rsquo / s ambiguity in order to absorb all the main actors into the debate in line with its own policy preferences.

This paper examines the optimal production and export decisions of an international firm facing exchange rate uncertainty when the firm's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second-order probability distribution that captures the firm's uncertainty about which of the subjective beliefs govern the exchange rate risk. Ambiguity preferences are modeled by the (second-order) expectation of a concave transformation of the (first-order) expected utility of profit conditional on each plausible subjective distribution of the exchange rate risk. Within this framework, we show that ambiguity has no impact on the firm's propensity to export to a foreign country. Ambiguity and ambiguity aversion, however, are shown to have adverse effect on the firm's incentive to export to the foreign country.

This paper examines the optimal production and export decisions of an international firm facing exchange rate uncertainty when the firm's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second-order probability distribution that captures the firm's uncertainty about which of the subjective beliefs govern the exchange rate risk. Ambiguity preferences are modeled by the (second-order) expectation of a concave transformation of the (first-order) expected utility of profit conditional on each plausible subjective distribution of the exchange rate risk. Within this framework, we show that ambiguity has no impact on the firm's propensity to export to a foreign country. Ambiguity and ambiguity aversion, however, are shown to have adverse effect on the firm's incentive to export to the foreign country.

This study explored the relationships between roughly 330 participants' tolerance of ambiguity and their preference for either an inductive or deductive presentation of grammar by means of an online survey. Most participants were college students. Other variables examined included years of study, in-country experience, proficiency, age, year in school, and language of choice. A new instrument for measuring inductive vs. deductive preference was also created based on Cohen, Oxford, and Chi's (2001) Learning Style Survey (LSS). Results showed weak correlations between: tolerance of ambiguity and inductive preference (.25), tolerance of ambiguity and proficiency (.25), and inductive preference and proficiency (.20). Additional findings include: a correlation (.62) between proficiency and years of instruction received, a slight correlation (.22) between age and tolerance of ambiguity, no correlation between years of language instruction and tolerance of ambiguity, no correlation between studying abroad and ambiguity tolerance or inductive/deductive preference, and no correlation between age and inductive vs. deductive preference. Lastly, data was analyzed to determine whether language was a contributing factor or not, and only the participants learning Japanese were significantly different (p = .004), with a higher preference for inductive learning.

Thesis (M.A. (African Languages)) -- University of Limpopo, 2016 / Refer to document

No description available.

No description available.

No description available.