Search results

To explain how corporate governance is likely to be affected by drastic changes to national security reviews by the Committee on Foreign Investment in the United States (CFIUS), especially for US funds with foreign investors.

The article summarizes the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) and then details the pilot program and how to qualify for exceptions.

While many questions and considerations remain, including how FIRRMA will play out across various industries, we concluded that there will be an increase in CFIUS filings.

Practical guidance from experienced national security and CFIUS lawyers.

MR. DENIS HOWELL, M.P., Minister for Libraries, who was to have told Conference how public libraries had progressed since the Act, had to withdraw and so we did not find out how the responsible minister felt about us.

Personal computers were predicted by workers in the field of Cybernetics many decades ago. The technology may not have arrived at that time but scientists, particularly those concerned with education, saw the personal computer as part of a new educational system.

While intellectual capital (IC) accounting research has concentrated on private enterprise, it is also germane to the public sector given pressures to create government business enterprises. However, despite the impetus for change, IC accounting is not a widespread practice in any sector. To understand the paradox, the purpose of this paper is to present a longitudinal narrative of IC accounting practice at an Australian public sector organisation.

Bourdieu’s theory of practice is adopted in a single longitudinal case study to examine orthodox and heterodox accounting processes along with the resultant “field of opinion” created by IC discourse.

For an innovation such as IC accounting to be utilised, the social capital associated with it must be able to overcome the symbolic violence of orthodox financial accounting practices. In essence, IC exists alongside accounting and does not replace it. However, not all actors learn about and adopt IC in the same way. Therefore, organisations cannot learn if the actors themselves cannot see how IC should not replace accounting but exists alongside it.

On reflection, the study supports a conclusion that IC should not be viewed as a heretical accounting practice. Rather, it serves discrete purposes that can be utilised by academics and practitioners to achieve particular ends rather than viewed as an alternative form of accounting.

With increasing awareness of accounting of the importance of intangible resources in the “new economy”, this study emphasises the teleological aims of IC as a complementary accounting technology.

To explore the contributions made by two strands of institutional research that have been applied to the study of management accounting change: “old institutional economics” and “new institutional sociology”. To propose ways of developing these theories, and in general to develop an institutional understanding of management accounting change.

Analysis of the literature on management accounting change, with a special emphasis on the literature drawing on institutional theory. Theoretical discussion based on the concept of the “circuits of power”. Illustration with observations made during a case study of an organisation in which attempts to promote change in management accounting were conducted in recent years.

Identification of some complementarities between these two strands of institutional theorising, and suggestions of how they can be developed by drawing on insights from the “circuits of power” framework.

The case study analysis is limited to an illustration of the theoretical discussion. A building of bridges between the various developments in institutional approaches to management accounting change is necessary.

The paper is of value to researchers studying management accounting change. It clarifies the theoretical underpinnings of the institutional frameworks and suggests areas for institutional research into management accounting change.

The purpose of the study is to develop understanding about the role of information and knowledge in healthcare processes and thereby create a basis for practices that would better support the actual service provision. This paper seeks to model and analyze the service processes of two case settings: laboratory and radiology units of a Finnish regional healthcare system.

The main actors, their knowledge needs, current knowledge practices and bottlenecks in knowledge flows were recognized. The paper combines conceptual analysis and empirical findings. The empirical data were collected in the autumn of 2010 and consist of 32 thematic interviews in two units of a healthcare organization in Finland. The themes of the interviews are related to current knowledge practices and processes.

The paper exemplifies an approach that provides a systematic basis for analyzing different aspects of knowledge management in healthcare processes. The approach provides valuable insights for analyzing knowledge‐based foundations of health services and it is expected that this analysis helps elaborate the practical knowledge processes of healthcare organizations.

The paper approaches health information management from the viewpoint of knowledge management discourse and highlights the importance of knowledge‐based value creation. Instead of mere information transfer or delivery the paper emphasizes the knowledge‐in‐use perspective. Despite the essential role of knowledge assets, the development efforts have mainly concentrated on solving local problems with context specific technical solutions.

This study investigated the moderating role of democracy in the relationship between corruption and foreign direct investment. The purpose of this study is to understand whether corruption has different effects on the location decisions of multinational enterprises (MNEs) depending on the regime type.

This study explored how institutional context influenced the impacts of corruption on the location decisions of MNEs, specifically using a sample of Chinese cross-border mergers and acquisitions between 2000 and 2020.

This study assessed the role of democracy in the relationship between corruption and the location decisions of Chinese MNEs. In general, this study found that Chinese MNEs were hindered by host country corruption, but that these detrimental effects were weaker in the presence of more effective democratic institutions.

This study contributes to the literature on institutional factors in international business through its simultaneous investigation of the effects of both democracy and corruption on the location decisions of MNEs. Moreover, there is a prevailing view that Chinese MNEs are willing to enter countries with high corruption, but the results of this study indicate that they are risk-averse in ways similar to their Western counterparts.

Since the 1980s, governments worldwide have been implementing the move from cash to accrual accounting. Scholars initially considered the appropriateness of this accounting reform to be self-evident, but later they have expressed critical views. This paper systematises the existing literature intending to reflect on the adverse effects of adopting accrual accounting in the public sector and identify implications for future research.

The present study builds on a systematic literature review of 106 academic articles published between 1980 and 2021. It is based on the “preferred reporting items for systematic reviews and meta-analyses” (PRISMA) method. Synthesising research through a transparent, rigorous and replicable process makes it possible to identify and discuss the adverse effects of adopting public sector accrual accounting.

Significant issues are linked to organisational impacts and accountability. Resistance to change is the main negative consequence and is more likely in countries that have chosen to adopt accrual accounting without maintaining cash accounting. The new accounting rules make accounting information more complex and arbitrary for citizens and politicians. How these criticalities should be addressed deserves further investigation.

This paper offers a comprehensive literature review on the drawbacks of adopting accrual accounting in the public sector. It could provide a general lesson to be applied to policymakers of other jurisdictions currently considering this transition to prevent the adverse effects and act proactively.

Process management is a managerial approach characterised by the focus on business processes that can provide an important contribution to the management of public sector organisations. The significance of this approach for the management of inter‐organisational relations in the public sector is highlighted. A model for the analysis of the factors enabling the implementation of process management in the public sector is proposed. The Italian experience of the one‐stop shops for businesses is studied; the relevance of process management approaches for the success of this reform is shown. Implications for public managers at all levels of government are discussed.