Felice B. Friedman, Elizabeth Jacobs and Stanley C. Macel
Reviews past developments in information sharing for securities regulation, including cases where the US Securities Exchange Commission (SEC) initiated investigations into…
Abstract
Reviews past developments in information sharing for securities regulation, including cases where the US Securities Exchange Commission (SEC) initiated investigations into suspicious insider trading in US markets through accounts located outside the USA: the St Joe case, and SEC v Wang & Lee. Moves on to policy developments: the 1988 SEC policy statement, development of information‐sharing memoranda of understanding (MOU) with foreign counterparts. Looks at legal challenges to information‐sharing legislation, including the Elsag Bailey and Global Securities decisions; plus the increased international multilateral focus, involving IOSCO, G7, FATF, and OECD. Concludes with opportunities for increased enforcement cooperation and swifter and more creative efforts; recent examples include the Rentech case, the Oeschle actions, and the joint investigative database that SEC has established with the British Columbia Securities Commission.
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Niccolò Nirino, Felice Petruzzella, Gazi Mahabubul Alam and Francesco Campobasso
The aim of this study is to analyse the relationship between firms' sustainable practices and corporate financial performance during the COVID-19 pandemic. Specifically, this…
Abstract
Purpose
The aim of this study is to analyse the relationship between firms' sustainable practices and corporate financial performance during the COVID-19 pandemic. Specifically, this study aims to analyse the effect of sustainable practices on firms' stock returns during and after the first COVID-19 pandemic emergency.
Design/methodology/approach
A quantitative study was conducted to determine the impact of sustainable practices on firms' stock returns, using a sample of 1,418 European listed firms. In particular, we tested the effect of environmental (E) and social (S) scores, providing a multi-sectoral analysis in order to consider sector specificities.
Findings
The empirical outcomes indicate the existence of a negative (weak) or null relationship between sustainable practices and stock returns, failing to provide evidence that these practices are able to protect shareholders value during times of crisis.
Practical implications
The results obtained made it possible to highlight significant implications for investors and practitioners. They may have particular attention in evaluating firm's sustainable practices trying to understand more precisely the value that such practices can have for the company and its shareholders.
Originality/value
This article is part of the stream of studies that analysed the impact of sustainable practices on stock returns during a period of crisis in order to contribute to filling the gap due to the lack of consensus and the mixed results in the literature.
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Drawing on existing literature and ongoing research in large corporations, examines the impact of employer work‐family policies on the career development of women. A summary of…
Abstract
Drawing on existing literature and ongoing research in large corporations, examines the impact of employer work‐family policies on the career development of women. A summary of evaluation research of work‐family policies and programmes, focusing on work‐related outcomes, reveals that relatively few studies have been conducted. Further, the primary focus of existing research has been to examine such outcomes as recruitment, turnover, absenteeism, morale and job satisfaction; few studies have examined the impact of use of family‐friendly policies on career advancement. Existing data indicate there is widespread belief that use of certain work‐family policies, particularly non‐traditional work arrangements, is detrimental to career advancement. Summarizes findings regarding the validity of this belief and deems them inconclusive. Discusses the influence of supervisors and corporate culture on the work‐family interface, and presents recommendations for further research.
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Felice Martinello, Robert Hanrahan, Joseph Kushner and Isidore Masse
Event study methods are used to estimate the effects of union certification applications on the returns to shareholders in Canada. Two methods of inference are employed: a…
Abstract
Event study methods are used to estimate the effects of union certification applications on the returns to shareholders in Canada. Two methods of inference are employed: a classical method, and a resampling method which makes no assumptions about the distributions of share returns. Certifications granted without a representation vote have virtually no effect on returns, whereas certifications granted after a vote have a negative impact. Dismissed applications that required a representation vote also have a negative effect. These results suggest that the certification process itself is important; providing another explanation for the difference in the experiences of the Canadian and U.S. labour movements.
The purpose of this article is to explore and classify the pattern of themes and challenges in developing socially sustainable supply chains.
Abstract
Purpose
The purpose of this article is to explore and classify the pattern of themes and challenges in developing socially sustainable supply chains.
Design/methodology/approach
The methodology is based on a systematic review of the peer-reviewed literature to explore what major themes and challenges have been discussed and the significant gaps where opportunities for further research can be found.
Findings
In total, four categories of themes were identified, namely, human-centric, focal organization-centric, supply chain-centric and governance-centric. Challenges were classified into seven categories, namely, inadequate and asymmetric knowledge, difficulties of operationalization, shifting the values, subjectivity in evaluation, governance complexity, difficulties of small- and medium-sized enterprises and sustainability fade.
Research limitations/implications
The focus of the article is on the social pillar of sustainable development in the context of supply chains. A more holistic systematic investigation of synergy of all the three pillars/bottom lines of sustainable development (economic, environmental and social) can be an opportunity for further research.
Practical implications
Taking a more holistic view of the pattern of currently discussed themes and challenges may be beneficial in increasing the absorptive capacity of industrial and business practitioners, by accumulating and assimilating external knowledge, when they design and operationalize innovative strategies in developing sustainable supply chains.
Originality/value
This article may increase awareness about the social responsibilities of supply chains actors and stakeholders in different scales. It may also guide managers, decision makers and practitioners to better understand the difficulties, obstacles or dilemmas that can hinder the sustainable development of supply chains. The results section presents a framework driven from the emerged themes, and the discussion section provides propositions for tackling the challenges and opportunities for further research.
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Trauma has become a buzz term, and the responses to trauma are slick and swift. Teams of mental health professionals can now be dispatched within hours of a catastrophe, and…
Abstract
Trauma has become a buzz term, and the responses to trauma are slick and swift. Teams of mental health professionals can now be dispatched within hours of a catastrophe, and psychological intervention is fast becoming an industry. A more penetrating look at the state of trauma intervention reveals a less impressive picture. In spite of the heightened interest in the effects of trauma, mental health professionals are in fact a long way from fully understanding the impact of such trauma, and from providing responses to victims that are effective. Not only do we lack a psychotherapeutic antidote that can be distributed to the hundreds of thousands of victims of conflict across the globe, but to date we have failed to provide scientifically evaluated, evidence-based treatment guidelines for the psychological rehabilitation of victims.
Felice F. Martinello and Charlotte Yates
Cluster analysis is applied to the union and employer tactics used in a sample of Ontario organising campaigns to identify the combinations of tactics or strategies that are used…
Abstract
Cluster analysis is applied to the union and employer tactics used in a sample of Ontario organising campaigns to identify the combinations of tactics or strategies that are used most often. Seven union organising strategies and five employer resistance strategies are revealed. Contingency table analysis shows that the union and employer strategies are not independent of one another. More active campaigns by one side (in terms of more tactics used) are met by more active campaigns by the other side. Regression analysis is used to estimate the effects of the strategies on the outcome of the organising campaign. The most active strategies, including intensive communication with workers and worker committees, work best for the employers. For unions, strategies emphasising personal communication through house calls are the most effective.