Veronica Rendon Callahan, Ellen Kaye Fleishhacker, Robert Holton, Steven A. Kaplan, Kevin Lavin, Michael Trager, Mark Sylvester and Pratin Vallabhaneni
– To explain and analyze SEC charges and settlement with Kohlberg Kravis Roberts & Co. (“KKR”) related to misallocation of broken deal expenses.
Abstract
Purpose
To explain and analyze SEC charges and settlement with Kohlberg Kravis Roberts & Co. (“KKR”) related to misallocation of broken deal expenses.
Design/methodology/approach
Provides background, including other similar SEC enforcement actions in relation to private equity and hedge funds; explains the regulatory violations in KKR’s broken deal allocation methodology and related disclosure; draws lessons and makes recommendations for private equity firms concerning the need for compliance and disclosure reviews and the benefits of remediation and cooperation.
Findings
This enforcement action and other similar ones represents a continuing SEC focus on fee and expense misallocation. It is also relevant to advisers to real estate and hedge fund complexes that face similar allocation issues.
Practical implications
Private equity firms and other advisers to private investment funds should re-evaluate their fee and expense allocation policies and procedures to be sure that they adhere to current regulatory and investor expectations.
Originality/value
Practical guidance from experienced securities enforcement and litigation and investment management lawyers.
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Jennifer K. Dimoff and E. Kevin Kelloway
Employee mental health problems are among the most costly issues facing employers in the developed world. Recognizing this, many employers have introduced resources designed to…
Abstract
Employee mental health problems are among the most costly issues facing employers in the developed world. Recognizing this, many employers have introduced resources designed to help employees cope with stressors. Yet, most employees fail-to-use these resources, even when they need them and could benefit from using them. We seek to understand this resource underutilization by (a) drawing on and expanding resource theories to explain why employees do not use existing resources and (b) proposing that leaders, managers, and supervisors can play a key role in facilitating the utilization of available resources. In doing so, we introduce resource utilization theory (RUT) as a complementary perspective to conservation of resources (COR) theory. We propose that RUT may provide the framework to describe patterns of resource utilization among employees, and to explain why employees do not use available resources to deal with existing stressors and demands.
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Frederick J. Brigham, John William McKenna and Michele M. Brigham
Students with emotional and behavioral disorders (EBD) have poor school outcomes and serious problems in life after school. Transition services are intended to promote more…
Abstract
Students with emotional and behavioral disorders (EBD) have poor school outcomes and serious problems in life after school. Transition services are intended to promote more positive outcomes for these individuals and other students with disabilities. Recent trends in society and education appear to be changing the nature of the current generation of secondary students and young adults, potentially rendering aspects of traditional transition planning obsolete. We review these trends, transition guidelines, and current research and outline an approach that may have merit in dealing with transition for students with EBD in the twenty-first century.
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Heavy metal music has had a long relationship with environmental and ecological concerns, one that can be traced as far back as Black Sabbath’s ‘Into the Void’ (1971). Academic…
Abstract
Heavy metal music has had a long relationship with environmental and ecological concerns, one that can be traced as far back as Black Sabbath’s ‘Into the Void’ (1971). Academic work has, however, been slow to recognise the entanglements of metal, environment and ecology in either the global or an Australian context. More recently, however, popular music scholars have begun to acknowledge how the sonic anger of black, death and other genres of extreme metal might be an appropriate medium for social and environmental commentary and protest (Lucas, 2015, p. 555). Therefore, according to Wiebe-Taylor (2009), metal’s ‘darker side is not simply about shock tactics and sensory overload…’, because, ‘metal also makes use of its harsh lyrics, sounds and visual imagery to express critical concerns about human behaviour and decision making and anxieties about the future’ (p. 89). Taking an ecocritical approach, this chapter will map and analyse the environmental concerns and ecological anxieties of Australian metal across a range of different bands and metal genres, as they emerge through three ‘dead-end’ discourses-misanthrophism, apocalypticism, Romanticism – which offer little or no hope of survival.
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Mark Brown, Nigel Pope and Kevin Voges
Consumer selection of retail patronage mode has been widely researched by marketing scholars. Several researchers have segmented consumers by shopping orientation. However, few…
Abstract
Consumer selection of retail patronage mode has been widely researched by marketing scholars. Several researchers have segmented consumers by shopping orientation. However, few have applied such methods to the Internet shopper. Despite the widespread belief that Internet shoppers are primarily motivated by convenience, the authors show empirically that consumers' fundamental shopping orientations have no significant impact on their proclivity to purchase products online. Factors that are more likely to influence purchase intention include product type, prior purchase, and, to a lesser extent, gender.
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Film provides an alternative medium for assessing our interpretations of cultural icons. This selective list looks at the film and video sources for information on and…
Abstract
Film provides an alternative medium for assessing our interpretations of cultural icons. This selective list looks at the film and video sources for information on and interpretations of the life of Woody Guthrie.
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Chinmoy Ghosh, Paul Gilson and Michel Rakotomavo
The purpose of this paper is to present a review of the student managed investment fund at the School of Business, University of Connecticut.
Abstract
Purpose
The purpose of this paper is to present a review of the student managed investment fund at the School of Business, University of Connecticut.
Design/methodology/approach
The authors trace the history and growth of the fund and identify the special features and dimensions that have contributed to its success.
Findings
The operation of the fund is a constantly evolving program and the authors discuss the important changes and improvements made in the program since its inception in the early 2000s in response to growth in the number of finance majors, new career opportunities in the field of investments and most importantly, the strength of capital markets and the development of new instruments in the capital markets. The authors also discuss the common features of over 300 student funds in the USA. The authors close with a discussion of the limitations and constraints the fund advisors at, and possibly, at other schools, face in the management and administration of the fund, and also what developments and adjustments the authors expect to see in these funds in the future.
Originality/value
The authors combine extensive analyses of fund history and performance. The authors also provide some suggestions for the future direction and priorities for student funds.
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Juliet Isingoma-Wakaisuka, Charles Kalvin Kikwanga Ibanda, Ruqqaiya Naluwooza and Christine Namaganda
The purpose of the study is to examine the relationship between the application of smart electronic systems, firm characteristics and efficient energy consumption: a case of…
Abstract
Purpose
The purpose of the study is to examine the relationship between the application of smart electronic systems, firm characteristics and efficient energy consumption: a case of public universities in Uganda.
Design/methodology/approach
The study adopted both quantitative and qualitative approach as well as descriptive cross-sectional survey design tantamounting to an experimental-observation approach. A sample of four public academic universities were explored using primary data. A semi-structured questionnaire together with an evaluation form and a tested experimental kit (from one of the leading electronics centres in Uganda) was used to examine the consumption rates of different electronic appliances of less than 30 Amps. Further, a Pearson product moment correlation (r) analysis was also used to determine the direction of a relationship among the variables together with a linear relationship (regression) to predict a linear association of one or more variables. Recommendations were also given.
Findings
Smart electronic systems make a significant determining factor to both firm characteristics (age, number of students, administrative staff and support staff) as well as efficient energy consumption. Nonetheless, there is no significant difference of efficient energy consumption as far as firm characteristics are concerned.
Research limitations/implications
Results support the contributions of the theory of technology and acceptance model by affirming that a number of factors influence the usefulness and ease of use of the smart electronic systems, which in turn influence energy consumption.
Practical implications
Universities' management should endeavour to install smart electronic systems. But still, government should try to lower taxes on smart electronic systems and genuine agents should be named for easy and affordable access of the users, universities inclusive.
Originality/value
The study contributes towards a theoretical position by affirming the usefulness of technology acceptance model for efficient energy consumption in public universities.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2019-0083