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Převod mluvních aktů ohrožujících tvář na příkladu simultánního tlumočení projevů v Evropském parlamentu / The transfer of face-threatening acts in simultaneous interpreting of speeches from the European ParliamentPohludková, Alena January 2020 (has links)
This theoretical-empirical paper researches how simultaneous interpreters work with face threatening acts (FTAs). For this purpose we researched how FTAs that we identified in speeches given by native Spanish speakers at the European Parliament's plenary sittings are interpreted into Czech and English. This paper has been inspired by the study of Cédric Magnifico and Bart Defrancq from the University of Ghent "Impoliteness in Interpreting: A Question of Gender?" in which they carry out a similar research. In their study the authors research the simultaneous interpretation of French speeches given at the European Parliament's plenary sittings into English and Dutch in order to find out whether interpreters really engage in face work - by face work they mean mitigating (potential) FTAs. In this paper, however, we aimed at answering a more general research question: "How do simultaneous interpreters handle face threatening acts when interpreting at the European Parliament's plenaries?" Researching the interpretation of FTAs into two target languages, moreover, can show whether face work is influenced by the cultural norms used in the community of the target language. Even though some of our findings come close to those of Magnifico and Defrancq's, some are considerably different. Magnifico and...
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Three Essays on the Role of Corporate Governance in Firms' Spending on R&D and Controlling Earnings-Management Practices: The Role of Independent Directors’ Tenure and Network in Controlling Earnings-Management Practices; The Impact of Board Diversity on the Corporate Propensity to R&D Spending; The Association between Directors’ Multiple-Board Sittings, Tenure, Financial Expertise, and R&D SpendingAsad, Muhammad January 2021 (has links)
This thesis comprises three research essays. The study documents empirical
evidence around the research themes by analysing a sample of the UK’s listed non-financial firms from 2005 to 2018. It applied panel data analysis (fixed or random effects) techniques and the potential endogeneity issue is controlled by using the two-step system, GMM. Earnings-management research holds that manipulating a firm's real activities is more damaging to its long-term growth and value than accruals manipulation. Therefore, by building on agency theory and emphasising board
monitoring, first essay investigates the role of independent directors’ tenure and
connection to several boards in controlling real earnings management (REM). This study finds that independent directors elected to board before appointment of current
CEO are negatively associated with the level of REM. Furthermore, this research
provides evidence that REM is higher in those firms whose INDs are connected to
several boards at a time. Though economically insignificant in most of the models,
this research also shows that the association between INDs’ tenure and REM varies
with the phases of their tenure. Directors in the early stage of their tenure are
observed as being less effective in controlling REM. However, as INDs’ tenure
grows, they employ better oversight over management's conduct, thereby reducing
REM. Contrary to this, the extended tenure of INDs is associated with higher REM.
These results collectively suggest that the board monitoring role protects the stakes
of shareholders/stakeholders by constraining REM; when INDs are free from the
influence of CEO, they are not over-committed due to their presence on several
boards, and they have moderate board tenure which is neither too short nor too long.
Furthermore, drawing on collective contributions and group performance
perspectives, second essay explores the role of board diversity in the firm’s R&D
investment decisions. Additionally, building on a fault-line argument about a team's
demographic attributes, the current research decomposes the impact of
demographic and cognitive diversity on R&D spending. The research observes a
positive relationship between board diversity and the level of R&D spending.
Moreover, this research documents that cognitive diversity is positively associated
with R&D investment. However, demographic diversity has an insignificant
relationship with firms’ spending on R&D projects. Further, this study confirms that
demographic diversity negatively moderates the relationship between cognitive
diversity and R&D investment. These results suggest that the board's attributes as
a group carry the significance to influence the decisions having strategic importance.
The findings on the sub-dimensions of board diversity imply that board
functional/cognitive diversity is more relevant to corporate decisions and outcomes
than is demographic diversity.
Based on the monitoring perspective (agency theory) and resource provision view
(resource dependency theory), third essay investigates the role of independent directors’ specific attributes in the corporate propensity to R&D investment. The
study documents a positive association between INDs’ moderate (median) tenure
and the firm’s spending on R&D projects, but early and extended tenure is observed
as being insignificant. INDs with a presence on three or fewer boards are observed
to promote R&D investment. However, INDs sitting on more than three boards
negatively affect the firm’s propensity to invest in R&D initiatives. Financially expert
INDs are negatively associated with corporate R&D investments, suggesting that
such directors may resist funding these projects beyond optimal risk level because
of their expertise. These results suggest that INDs’ monitoring and advising
competence improves as they spend time on the firm’s board, but that extended
tenure is counterproductive as it impairs INDs’ impartiality. Furthermore, INDs’
capital (resources) accruing from connection to multiple boards is only beneficial for
the firm’s strategic decisions if their monitoring role is not compromised because of
their over-commitment (busyness). / Mirpur University of Science and Technology (MUST)
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