Catherine Wojewodzki, Eileen Breen, Gillian Crawford, Cary Gordon and Colby Riggs
Gives the highlights of the 2004 annual conference of the American Library Association (ALA) held in Orlando, Florida, in June 2004. These included differing viewpoints on…
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Gives the highlights of the 2004 annual conference of the American Library Association (ALA) held in Orlando, Florida, in June 2004. These included differing viewpoints on publishing and licencing scholarly work and technology trends.
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In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of…
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In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.
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The librarian and researcher have to be able to uncover specific articles in their areas of interest. This Bibliography is designed to help. Volume IV, like Volume III, contains…
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The librarian and researcher have to be able to uncover specific articles in their areas of interest. This Bibliography is designed to help. Volume IV, like Volume III, contains features to help the reader to retrieve relevant literature from MCB University Press' considerable output. Each entry within has been indexed according to author(s) and the Fifth Edition of the SCIMP/SCAMP Thesaurus. The latter thus provides a full subject index to facilitate rapid retrieval. Each article or book is assigned its own unique number and this is used in both the subject and author index. This Volume indexes 29 journals indicating the depth, coverage and expansion of MCB's portfolio.
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Maurizio d'Amato, Nikolaj Siniak and Giulia Mastrodonato
The purpose of this study is providing a possible methodological solution to the valuation of cyclical.assets. International Valuation Standards introduce a brand new definition…
Abstract
Purpose
The purpose of this study is providing a possible methodological solution to the valuation of cyclical.assets. International Valuation Standards introduce a brand new definition of property: the cyclical asset (International Valuation Standards Council 2017, IVS 105, p. 39 and p. 41). Among different property valuation methods, normally this kind of properties is appraised using income approach. In this group of methodology, the opinion of value is based on a proportional relationship between property value and rent. In the past years, a group of methods called cyclical capitalization has been proposed (d’Amato, 2003; d’Amato, 2013;d’Amato, 2015; d’Amato, 2017a; d’Amato 2017 b; d’Amato, 2017c). This method proposes an integration between property valuation and property market cycle.
Design/methodology/approach
Cyclical capitalization method is applied using a time series of property market rent of offices in prime location in the South Bank area in London. It consists of the determination of more than one all-risk yield to reproduce the property market cycle.
Findings
A comparison between the cyclical capitalization and two traditional capitalization rate shows how the proposed model is able to provide a stable opinion of value.
Research limitations/implications
The method may represent a contribution for the determination of the value of cyclical assets or for the mortgage lending value.
Practical implications
This paper provides the possibility to have a property valuation method less sensitive to upturn and downturn of the property market.
Social implications
The valuation based on cyclical capitalization are less sensitive to the upturn and the downturn of the market.
Originality/value
It is one of the first scientific paper addressing the problem of the determination of the value of cyclical assets.
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At a time when rising costs of journal subscriptions forced academic libraries in Iowa to scrutinize their continuing obligations more carefully, a group of librarians…
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At a time when rising costs of journal subscriptions forced academic libraries in Iowa to scrutinize their continuing obligations more carefully, a group of librarians representing both the publicly and privately supported colleges and universities investigated the impact of their decisions on their aggregate serials holdings. The project was carried out by the Resource Sharing Working Group of the Cooperation Co‐ordinating Committee with the sponsorship of the state's ACRL Chapter. Two surveys collected information directly from the libraries for serials cancelled from July 1989 through June 1992. More than 40 libraries responded; 45 percent responded to both requests for data. Analyzes results of the surveys, revealing cancellations in many disciplines and instances of libraries stopping the same title. The project was an outgrowth of increased attempts to explore the potential for cooperative collection development and resource sharing within Iowa. One benefit of this approach was increased communication among collection development librarians, selectors of materials, and managers of serials collections within the state. Outlines future goals.
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Minh Thi Thu Vu and Salih Zeki Ozdemir
In this study, the authors examine acquirers’ selection of legal advisors for mergers and acquisitions (M&A) transactions. The authors first confirm the importance of their own…
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In this study, the authors examine acquirers’ selection of legal advisors for mergers and acquisitions (M&A) transactions. The authors first confirm the importance of their own prior experience and imitation within this context. Then, the authors propose and find that firms with less experience in performing M&A deals place more emphasis on imitating others while firms with more experience with a particular legal advisor focus less on others’ experience with this advisor. The authors further find that when they imitate, firms selectively, rather than broadly, imitate others by focusing on their industry or state peers. The authors present corroborating evidence for these hypotheses through analyzing a matched sample of acquirer – legal advisor pairs developed from an initial dataset of 29,398 domestic and cross-border acquisitions performed by US firms between 2000 and 2010.
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An environmental accident at a Placer Dome mine triggered a contagion effect across the Canadian mining industry. The decline in equity prices was moderated by prior disclosure of…
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An environmental accident at a Placer Dome mine triggered a contagion effect across the Canadian mining industry. The decline in equity prices was moderated by prior disclosure of a high-level commitment to environmental management. Investors appear to interpret this information as a signal of expertise in the management of environmental risks and costs. The same companies are positioned to make the most credible financial disclosures about environmental management, and yet the evidence suggests that financial disclosures themselves have a negative impact on company value. There may be a miscommunication between investors and analysts on the one hand and mining company executives on the other, which could explain why mining company managers report their companies’ shares are undervalued.
Tao Han and Addis Gedefaw Birhanu
In this chapter, the authors draw insights from the literature on institutional distance and examine whether firms engaging in cross-border acquisitions overcome the liability of…
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In this chapter, the authors draw insights from the literature on institutional distance and examine whether firms engaging in cross-border acquisitions overcome the liability of foreignness by using external advisors. Specifically, the authors argue that acquiring and target firms may alleviate heightened information asymmetries and transaction costs by leveraging the information-production and uncertainty-reduction roles of M&A advisors. Using a global sample of cross-border M&As from 2001 to 2020, the results suggest that institutional distance triggers both acquirers and targets to use M&A advisors. Among the four types of institutional distance the authors examined, cultural distance – and to a lesser extent administrative distance – greatly contributes to the use of various types of advisors in cross-border deals. Interestingly, although both parties in the transaction rely on advisors to overcome distance barriers, acquiring firms appear to hire advisors more often than target firms.