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1 – 10 of over 2000Thomas S. Harman and Monica L. Parry
To provide a detailed description of personal trading policies that apply to hedge fund managers.
Abstract
Purpose
To provide a detailed description of personal trading policies that apply to hedge fund managers.
Design/methodology/approach
Summarizes Sections 206(1) and (2) of the Investment Advisers Act of 1940 (“Advisers Act”), particularly with regard t disclosure of conflicts relating to personal trading and and prevention of misappropriation of investment opportunities; summarizes Section 204A of the Advisers Act, including procedures designed to prevent the misuse of public information; and summarizes Rule 204A‐1 under the Advisers Act, which requires a registered investment adviser to adopt a code of ethics applicable to its supervised persons.
Findings
Advisers must adopt insider trading policies, ensure clear and accurate disclosures about personal trading in their Forms ADV and private placement memoranda, and adopt and enforce codes of ethics. It is also beneficial for an adviser to require its employees to trade only through an affiliated broker‐dealer.
Originality/value
Provides a detailed discussion of personal trading policies that apply to hedge fund managers.
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Thomas S. Harman and Monica L. Parry
To discuss factors that a private fund advisor should consider in its decision to remain registered with Securities and Exchange Commission (SEC) or to deregister in light of the…
Abstract
Purpose
To discuss factors that a private fund advisor should consider in its decision to remain registered with Securities and Exchange Commission (SEC) or to deregister in light of the D.C. Court of Appeals June 2006 decision in Goldstein v. Securities and Exchange Commission.
Design/methodology/approach
Analyzes and compares the advantages and disadvantages of staying registered and deregistering; discusses the requirements of state registration for advisers that are note registered with the SEC; and analyzes the consequences to private fund advisors if the SEC does not repropose certain rule amendments adopted along with Rule 203(b)(3)‐2 concerning bookkeeping, performance fees, and custody.
Findings
Advisers should carefully consider their facts and circumstances and their business plans when analyzing the consequences of deregistration with the SEC – most importantly, the possibility of multiple state registration – before filing to deregister. Especially if the SEC restores the rule amendments the Goldstein decision struck down, staying with the SEC – the regulator you know – may be better than registering with a state.
Originality/value
Provides an up‐to‐date analysis of factors that private funds should consider concerning SEC registration in light of the recent Goldstein decision.
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Defines the stream of thought in the UK known as Christiansocialism or social Christianity as an Anglican movement much influencedby UK Unitarian humanism, and shows that Roscher…
Abstract
Defines the stream of thought in the UK known as Christian socialism or social Christianity as an Anglican movement much influenced by UK Unitarian humanism, and shows that Roscher, who approached the same nineteenthcentury problems as a Lutheran, came to similar conclusions. A comparative study shows the similarity and differences, as well as the continued relevance of these ideas down to the present day.
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Mary Weir and Jim Hughes
Introduction Consider a hi‐fi loudspeaker manufacturing company acquired on the brink of insolvency by an American multinational. The new owners discover with growing concern that…
Abstract
Introduction Consider a hi‐fi loudspeaker manufacturing company acquired on the brink of insolvency by an American multinational. The new owners discover with growing concern that the product range is obsolete, that manufacturing facilities are totally inadequate and that there is a complete absence of any real management substance or structure. They decide on the need to relocate urgently so as to provide continuity of supply at the very high — a market about to shrink at a rate unprecedented in its history.
Kameron M. Carter, David M. Harman, Sheryl L. Walter and Thomas S. Gruca
The purpose of this paper is to examine the relationship of immediate workspace satisfaction (IWS) and environmental workplace quality (EWQ) on perceived organizational support…
Abstract
Purpose
The purpose of this paper is to examine the relationship of immediate workspace satisfaction (IWS) and environmental workplace quality (EWQ) on perceived organizational support (POS), engagement and organizational citizenship behaviors (OCBs). In this paper, we draw on social exchange theory and environmental psychology to propose IWS and EWQ as drivers of employee OCBs.
Design/methodology/approach
A survey was conducted with 1,206 full-time employees. The EWQ measure was assessed with a randomly selected calibration sample (n = 603). Structural equation modeling was used to analyze the hypothesized model (n = 603).
Findings
IWS and EWQ both are positively related to employees’ OCBs. For IWS, the effect was fully mediated by POS while POS and engagement partially mediated the EWQ–OCB relationship.
Research limitations/implications
The survey was conducted at one point in time and may introduce common method variance.
Practical implications
High-quality, satisfying workspace and workplace environments motivate employee OCBs through POS and work engagement.
Originality/value
This study introduces a scale for measuring EWQ. Empirical evidence provided to support the effects of two contextual perceptions—IWS and EWQ—on employee discretionary behaviors.
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This chapter presents a form of both co-participation theory and artful inquiry methodology as useful approaches in carrying out research into the student experience…
Abstract
This chapter presents a form of both co-participation theory and artful inquiry methodology as useful approaches in carrying out research into the student experience. Participatory Pedagogy is predicated on repositioning participants as co-producers of knowledge by introducing them to important aspects of the research, providing a platform to foster expression and affording opportunities to co-shape the research process. Artful inquiry can take many different forms, but collage in particular has the capacity to bring new meanings to the surface even in well-researched fields, such as the student experience. In supporting a Participatory Pedagogy approach, collage can unpack powerful testimonies of personal experience. A practical application of this pairing is also presented based on research into the student experience. This gives readers an insight into how it can be applied to a study, what its limitations might be and especially how students, particularly those from under-represented backgrounds, can benefit from being involved.
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The primary purpose of this paper is to explore how momentous events may contribute to leadership development. A second purpose is to show how the formative attributes of…
Abstract
Purpose
The primary purpose of this paper is to explore how momentous events may contribute to leadership development. A second purpose is to show how the formative attributes of momentous events are linked to leader traits needed for effective leadership.
Design/methodology/approach
The leadership tripod is used as the relational framework for exploring the formative capacity of momentous events. The formative capacity of momentous events, however, is realized through the personal memories of those events, that is, through autobiographical memory. Autobiographical memory, then, will provide an additional more rudimentary framework for exploring momentous events; within this framework, the momentous event will be dissected in order to identify its basic attributes, to explore how these attributes affect the leadership structure, and to show how changes to the leadership structure develop leaders.
Findings
Attributes and formative mechanisms of momentous events were identified, as were leader traits necessary for developmental readiness. Also, six propositions were distilled from this research. These propositions guide the implications about leadership training.
Practical implications
First, this research provides insight for leader‐situation interactions. Second, this research may provide guidance for strategies used in leadership development training.
Originality/value
This research provides three unique contributions to the literature: a focus on the experiential and relational aspects of leadership development; an analysis of the formative attributes and mechanisms of momentous events, along with the leader traits necessary for developmental readiness; and an exploration of momentous events as personal events memories.
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Wantao Yu, Roberto Chavez, Mark Jacobs, Chee Yew Wong and Chunlin Yuan
It remains unclear how environmental scanning (ES) can generate firm performance through supply chain management (SCM) practices. The purpose of this paper is to investigate the…
Abstract
Purpose
It remains unclear how environmental scanning (ES) can generate firm performance through supply chain management (SCM) practices. The purpose of this paper is to investigate the effects of ES on operational performance through supply chain integration (SCI) and supply chain responsiveness (SCR).
Design/methodology/approach
The scanning–interpretation–action–performance (SIAP) model and organization information processing theory (OIPT) are used to explain the ES–SCI–SCR–performance (S–I–A–P) relationships, which were tested by structural equation modeling of survey data of 329 manufacturing firms in China.
Findings
The results indicate that ES has a significant positive effect on SCI and SCR. SCI is significantly and positively related to SCR. SCR partially mediates the relationship between ES and operational performance, and fully mediates the relationship between SCI and operational performance.
Practical implications
Supply chain managers should collaborate with senior executives to obtain signals from ES activities, as input for building SCI and SCR and use SCI as a joint interpretation mechanism of ES signals for developing SCR to reap operational advantages in the rapidly changing business environment.
Originality/value
Strategic management academics and practitioners have explicitly emphasized the importance of ES in developing strategic plans but are unsure about the role of SCM in creating operational advantages through ES. Using the SIAP model, this study theorizes and demonstrates how SCI and SCR transform signals from ES into operational performance. In doing so, a more precise application of OIPT is explicated in the supply chain context.
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