Search results

To analyze the SEC’s newly adopted Rule 498 A, the variable contract summary prospectus rule, and concurrently adopted prospectus disclosure requirements in order to propose to insurance companies issuing variable contracts a project implementation plan for companies seeking SEC approval for summary prospectuses compliant with the new rules.

Discusses the history, requirements, effects, and expected implementation timeline of the new rules, then offers a detailed project plan and timeline for compliance.

The Rule does not require insurers to use summary prospectuses, but there are several compelling reasons for doing so. The Rule allows insurers to use a new concise and brief selling document, and by so doing to begin generating very significant cost savings as soon as May 1, 2021. The article provides a detailed implementation plan for insurance companies that want to comply with the new prospectus disclosure requirements and implement policies and procedures to begin using summary prospectuses.

A coordinated project implementation plan like that outlined in the article might assist insurance companies to make the requisite statutory prospectus revisions and prepare and obtain SEC approval of summary prospectuses by May 1, 2021.

Analysis from experienced attorneys who frequently advise insurance companies issuing fixed and variable annuities, and assist clients in navigating the complex regulatory requirements governing insurance and securities products.

This article explores the small unit of family business – being in business with one's spouse – in Scotland and New Zealand. With reference to social network theory, the research explores if the strong married relationship enhances business or inhibits it due to a hypothesised limiting effect on access to external networks. The paper thus measures the impact of networks on copreneurial business performance and explores perceptions of the copreneurial experience.

The research applies a mixed methodology. First, a quantitative sample of 301 small firms in Scotland and New Zealand is tested for variation in performance and social network reach between copreneurial, other types of family firms and firms with no family links. Thereafter, a qualitative study explores the experience of 101 copreneurs in the two countries, to which a thematic analysis is applied.

Networks are shown to be central influences on performance, but the paper finds no performance or network reach variation between copreneurial and other business. Nevertheless, copreneurship is perceived both positively and negatively by practitioners and testimonies include explicit reference to strategies to manage home/work tensions.

The paper contributes new data on performance in copreneurial firms in two international locations. Viewed through a social network theory lens, the research shows the utility of networks to business, family or otherwise. The paper also shows that the work/family interface in copreneurial firms is perceived both as an advantage and as a challenge and so requires careful management.

The challenges of EDI are many and varied, according to consultant John Sanders. He told Stephen McClelland about some of them.

Communications regarding this column should be addressed to Mrs. Cheney, Peabody Library School, Nashville, Term. 37203. Mrs. Cheney does not sell the books listed here. They are available through normal trade sources. Mrs. Cheney, being a member of the editorial board of Pierian Press, will not review Pierian Press reference books in this column. Descriptions of Pierian Press reference books will be included elsewhere in this publication.

More than 20,000 European companies will become EDI friendly this year. John Sanders reviews the progress of Electronic Data interchange across the continent.

This chapter critically engages with ways that teaching excellence has been operationalised in practice. Specific focus is on developing individual teaching excellence, rewarding of success and recognition of teaching excellence and the building of evidence around what works in teaching for the benefits of students. We consider the daily interactions with students that form the basis of frameworks of teaching excellence before arguing that operationalisations of teaching excellence are highly context specific and operate at the level of institutions and the whole higher education sector. We discuss the criteria that underpin teaching excellence awards. This includes governance as well as development frameworks. After considering the complex links between research and teaching and the importance of the disciplinary dimension of teaching excellence, the chapter finally looks at the skills and attributes commonly associated with individual teacher excellence and argues that these are exceptionally difficult to pin down let alone measure. It concludes with some reflections on some of the challenges faced by institutions as they seek to develop the quality of teaching whilst meeting the requirements of the TEF.

This chapter provides an introduction to the problematic notion of teaching excellence in higher education, which is a focus of this collection. It draws on an extensive review of relevant literature to explore how teaching excellence is defined and conceptualised and what factors underpin different conceptions. It notes that definitions are disparate, often context-specific and are influenced by a range of different ‘players’. It then examines how different conceptualisations play out at the macro, meso and micro levels and highlights the tensions between performative and transformative notions of teaching excellence. It notes the move from ‘surface’ to ‘deep’ excellence and efforts to articulate a more holistic conception of teaching excellence that emphasises the relational, emotional and moral dimensions of teaching. It suggests that, rather than seeking singular definitions and conceptions, it may be more useful to talk of ‘teaching excellences’, to reflect a stratified and plural sector, a diverse student body and different disciplinary families. Equally, it argues for further investigation of the intersections of teaching excellence with other key drivers of institutional change, such as student engagement and well-being, inclusion and diversity, widening participation and retention and success.

This chapter reports a study that investigates the link between rural small firms’ social networks and their market diversification strategies in the context of the Internet.

Telephone interviews were conducted with a random sample of 142 Scottish small rural and urban firm owners in May 2012. The purpose of the telephone interviews was to understand how Internet usage impacted on the social networks and market diversification experiences of small rural firms. Analysis of the categorical data was performed using a variety of established methods.

Internet usage for many small Scottish rural firms was facilitating both their market reach and social networks. In addition, small rural firms’ most important social network contacts are highly correlated to their origin of sales, and this can be either locally or extra-locally based.

A positive relationship between Internet usage, social networks and market reach expansion offers support for further developing and improving the Internet infrastructure of rural communities.

Internet usage emerges as a critical tool for augmenting the social networks of Scottish rural small firms, which in turn helps to extend their market reach activities.

A critical component of agriculture in developing countries is increasing soil fertility in response to depleted soils and declining crop yields. An inventory credit program was introduced in western Niger to generate savings for farmers’ groups to facilitate the purchase of inorganic fertilizers. This program is compared with a more traditional inventory credit program, which provides credit at harvest but lets farmers sell their grain in the post‐harvest period after grain prices have recovered. The evaluation of the two programs for their impacts on farmers’ incomes and farm‐level technology adoption is undertaken with a linear programming model. The decision‐making framework of this model comes from interviews of farmers in a number of African countries. Farmers are found to be risk averse, but exhibit a different type of decision making than the usual expected income‐income variability tradeoff.