Satya R. Chakravarty, Nachiketa Chattopadhyay, Nora Lustig and Rodrigo Aranda
This paper attempts to interpret the Bartholomew (1973) index of mobility in terms of a directional mobility index based on the one-step expected states of movement corresponding…
Abstract
This paper attempts to interpret the Bartholomew (1973) index of mobility in terms of a directional mobility index based on the one-step expected states of movement corresponding to a specific state of transition matrix. A partial ordering of directional mobility of a general state of transition matrices, referred to as “upward mobility favoring sequential averaging (UMFSA),” is proposed using the algebraic equivalent of the generalized Lorenz ordering of expected states. When the underlying mobility depends on the initial distribution of the states, using a Bayesian approach, the indices are reexamined for a general class of matrices. This enables us to interpret the Prais (1955) and Bibby (1975) mobility index in this framework.
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Ameha Tadesse Aytenfisu, Degefa Tolossa, Solomon Tsehay Feleke and Desalegn Yayeh Ayal
This study aims to examine the phenomenon of climate variability and its implications for pastoralists and agro-pastoralists food security in Amibara and Awash Fentale districts…
Abstract
Purpose
This study aims to examine the phenomenon of climate variability and its implications for pastoralists and agro-pastoralists food security in Amibara and Awash Fentale districts of the Afar region, Ethiopia.
Design/methodology/approach
The study relied on meteorological records of temperature and rainfall in the study area between 1988 and 2018. Besides, literature on the topic was reviewed to make caveats on the literal picture that comes from quantitative data, and that is the contribution of this study to the existing debate on climate change and variability. The spatiotemporal trend was determined using the Mann–Kendall test and Sen’s slope estimator, while variability was analyzed using the coefficient of variation and standardized anomaly index, and standardized precipitation index/standardized precipitation evapotranspiration index were applied to determine the drought frequency and severity.
Findings
The result reveals that the mean seasonal rainfall varies from 111.34 mm to 518.74 mm. Although the maximum and minimum rainfall occurred in the summer and winter seasons, respectively, there has been a decrease in seasonal and annual at the rate of 2.51 mm per season and 4.12 mm per year, respectively. The study sites have been experiencing highly seasonal rainfall variability. The drought analysis result confirms that a total of nine agricultural droughts ranging from moderate to extreme years were observed. Overall, the seasonal and annual rainfall of the Amibara and Awash Fentale districts showed a decreasing trend with highly temporal variations of rainfall and ever-rising temperatures, and frequent drought events means the climate situation of the area could adversely affect pastoral and agro-pastoral households’ food security. However, analysis of data from secondary sources reveals that analyzing precipitation just based on the meteorological records of the study area would be misleading. That explains why flooding, rather than drought, is becoming the main source of catastrophe to pastoral and agro-pastoral livelihoods.
Practical implications
The analysis of temperature and rainfall dynamics in the Afar region, hence the inception of all development interventions, must take the hydrological impact of the neighboring regions which appears to be useful direction to future researchers.
Originality/value
The research is originally conducted using meteorological and existing literature, and hence, it is original. In this research, we utilized a standardized and appropriate methodology, resulting in insights that augment the existing body of knowledge within the field. These insights serve to advance scholarly discourse on the subject matter.
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Jacqueline A. Burke and Hakyin Lee
Mandatory auditor firm rotation (mandatory rotation) has been a controversial issue in the United States for many decades. Mandatory rotation has been considered at various times…
Abstract
Mandatory auditor firm rotation (mandatory rotation) has been a controversial issue in the United States for many decades. Mandatory rotation has been considered at various times as a means of improving auditor independence. For example, in the United States, the Public Company Accounting Oversight Board (PCAOB) has considered mandatory rotation as a solution to the independence problem (PCAOB, 2011) and the European Parliament approved legislation that will require mandatory rotation in the near future (Council of European Union, 2014). The concept of implementing a mandatory rotation policy has been encouraged by some constituents of audited financial statements and rejected by other constituents of audited financial statements. Although there are apparent pros and cons of such a policy, the developmental process of such a policy in this country has not necessarily been an open-democratic, objective process. Universal mandatory rotation may or may not be the ideal solution; however, an open-democratic, objective process is needed to facilitate the development of a solution that considers the needs of all major stakeholders of audited financial statements – not simply accounting firms and public companies, but also investors. The purpose of this paper is to critically examine key issues relating to mandatory rotation and to encourage and stimulate future research and ongoing dialogue regarding this issue, in spite of efforts by certain constituents to silence the issue. This paper provides an overview of the various reasons, including practical, theoretical, political, and self-motivated reasons, why a mandatory rotation policy has not been implemented in the United States in order to address the potential conflict of interest between the auditor and client. This paper will also discuss how some deliberations of mandatory rotation have been flawed. The paper concludes with a summary of key issues along with two approaches for regulators, policy makers, and academics to consider as ways to improve the process and address auditor independence. The authors are not advocating for any specific solution; however, we are advocating for a more objective, unified approach and for the dialogue regarding auditor rotation to continue.
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Tingneyuc Sekac, Sujoy Kumar Jana and Indrajit Pal
The climate change and related impacts are experienced around the world. There arise different triggering factors to climate change and impact. The purpose of this study is to…
Abstract
Purpose
The climate change and related impacts are experienced around the world. There arise different triggering factors to climate change and impact. The purpose of this study is to figure out how changes in vegetation cover may or may not have an impact to climate change. The research will produce ideas for vegetation preservation and replant.
Design/methodology/approach
The investigation was probed for 34 years’ time period starting from the year 1981 to 2015. After testing and checking for serial autocorrelation in the vegetation data series, Mann–Kendal nonparametric statistical evaluation was carried out to investigate vegetation cover trends. Sen’s method was deployed to investigate the magnitude of vegetation cover change in natural differential vegetation index (NDVI) unit per year. Furthermore, the ArcGIS spatial analysis tools were used for the calculation of mean NDVI distribution and also for carrying out the spatial investigation of trends at each specific location within the study region.
Findings
The yearly mean NDVI during the study period was observed to have a decreasing trend. The mean NDVI value ranges between 0.32 and 0.98 NDVI unit, and hence, this means from less or poor vegetated zones to higher or healthier vegetated zones. The mean NDVI value was seen decreasing toward the highlands regions. The NDVI-rainfall correlation was observed to be stronger than the NDVI-temperature correlation. The % area coverage of NDVI-rainfall positive correlation was higher than the negative correlation. The % area coverage of NDVI-temperature negative correlation was higher than the positive correlation within the study region. Rainfall is seen as a highly influencing climatic factor for vegetation growth than the temperature within the study region.
Originality/value
This study in this country is a new approach for climate change monitoring and planning for the survival of the people of Papua New Guinea, especially for the farmer and those who is living in the coastal area.
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Mohammad Nabi Shahiki Tash, Saber Molaei and Kamran Barghandan
The purpose of this paper is to examine the level of cardinal welfare based on Sen’s index using both Pareto and non-Pareto states besides evaluating the effective factors on the…
Abstract
Purpose
The purpose of this paper is to examine the level of cardinal welfare based on Sen’s index using both Pareto and non-Pareto states besides evaluating the effective factors on the welfare changes according to a fuzzy least-squares regression model.
Design/methodology/approach
The social welfare functions express the optimal social allocations in the public economics. Therefore, they can be applied as a tool to represent the difference of utility allocations among consumers. There are various criteria on the literature pertaining to the social welfare functions such as those of Dasgupta et al. (1970), Sheshinski (1972), Sen (1974), Yitzhaki (1979), Shorrocks (1983), Kakwani (1984), Dagum (1990, 1993), Mukhopadhaya (2003), and Mukhopadhaya and Rao (2001). The Sen’s welfare function because of strong theoretical basis and enjoying the welfare axioms is more celebrated among others so that it is a function of individual utilities resulting from the individual’s social positions.
Findings
The findings indicate that the welfare level has increased by about 4.8 percent during the period 2002-2007; by nearly 3.1 percent during 1997-2001 and mature to 2.7 percent from 1992 to 1996 such that the period 1997-2007 has had the highest level of social welfare improvement in Iran. The results obtained from the fuzzy regression show that the unemployment rate, inflation rate and Gini coefficient variables have an adverse relation with the cardinal welfare in both Pareto and non-Pareto cases, while the literacy rate and government expenditures have a positive relation with the welfare index. The findings also imply that there is a positive relationship between economic growth and welfare level in Iran.
Originality/value
I verify that this manuscript is an original study.
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Extant research posits that mergers and acquisition (M&As) do not create value. Still many firms adopt expansion strategies such as alliances, joint ventures (JVs), and M&As to…
Abstract
Extant research posits that mergers and acquisition (M&As) do not create value. Still many firms adopt expansion strategies such as alliances, joint ventures (JVs), and M&As to grow and enhance their performance. Through performing a meta-analysis on 204 papers that assess the relationship between the three most prevalent expansion strategies formed by firms, alliances, JVs, and M&As and their different substantive and symbolic performance effects, this study contributes in two ways. First, it becomes clear that alliances and M&As enhance a firm’s substantive performance, while no positive performance effect is observed for JVs. In turn, all three expansion strategies boost a firm’s symbolic performance in terms of its legitimacy and status. Second, a distinction between their effects on a firm’s substantive performance in terms of their market-based and accounting-based performance shows that alliances and M&As both positively contribute to a firm’s accounting-based performance, while only the former spurs a firm’s market-based returns. This indicates that M&As have more long-term accounting-based performance effects compared to alliances and JVs, which suggests that in the long-term firms do best by expanding through M&As.
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Aminah Robinson Fayek and Rodolfo Lourenzutti
Construction is a highly dynamic environment with numerous interacting factors that affect construction processes and decisions. Uncertainty is inherent in most aspects of…
Abstract
Construction is a highly dynamic environment with numerous interacting factors that affect construction processes and decisions. Uncertainty is inherent in most aspects of construction engineering and management, and traditionally, it has been treated as a random phenomenon. However, there are many types of uncertainty that are not naturally modelled by probability theory, such as subjectivity, ambiguity and vagueness. Fuzzy logic provides an approach for handling such uncertainties. However, fuzzy logic alone has some limitations, including its inability to learn from data and its extensive reliance on expert knowledge. To address these limitations, fuzzy logic has been combined with other techniques to create fuzzy hybrid techniques, which have helped solve complex problems in construction. In this chapter, a background on fuzzy logic in the context of construction engineering and management applications is presented. The chapter provides an introduction to uncertainty in construction and illustrates how fuzzy logic can improve construction modelling and decision-making. The role of fuzzy logic in representing uncertainty is contrasted with that of probability theory. Introductory material is presented on key definitions, properties and methods of fuzzy logic, including the definition and representation of fuzzy sets and membership functions, basic operations on fuzzy sets, fuzzy relations and compositions, defuzzification methods, entropy for fuzzy sets, fuzzy numbers, methods for the specification of membership functions and fuzzy rule-based systems. Finally, a discussion on the need for fuzzy hybrid modelling in construction applications is presented, and future research directions are proposed.
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It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields…
Abstract
It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields but who have a common interest in the means by which information may be collected and disseminated to the greatest advantage. Lists of its members have, therefore, a more than ordinary value since they present, in miniature, a cross‐section of institutions and individuals who share this special interest.
This bibliography is offered as a practical guide to published papers, conference proceedings papers and theses/dissertations on the finite element (FE) and boundary element (BE…
Abstract
This bibliography is offered as a practical guide to published papers, conference proceedings papers and theses/dissertations on the finite element (FE) and boundary element (BE) applications in different fields of biomechanics between 1976 and 1991. The aim of this paper is to help the users of FE and BE techniques to get better value from a large collection of papers on the subjects. Categories in biomechanics included in this survey are: orthopaedic mechanics, dental mechanics, cardiovascular mechanics, soft tissue mechanics, biological flow, impact injury, and other fields of applications. More than 900 references are listed.
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Emily S. Keenan and Aaron B. Wilson
Audit committee members (ACMs) play a pivotal role in negotiating disputes between management and the external auditor concerning audit adjustments. Research suggests ACMs support…
Abstract
Audit committee members (ACMs) play a pivotal role in negotiating disputes between management and the external auditor concerning audit adjustments. Research suggests ACMs support the external auditor when audit adjustment conflicts arise. This study investigated the perceived effect of audit quality indicators (AQIs), through the mediating effect of affective reaction, on an ACM's recommendation for proposed audit adjustments. Audit firm tenure was examined as a moderating factor in both the effect of perceived AQIs on ACM's proposed adjustment and the relationship between perceived AQIs and affective reaction. Results suggested affective reactions created from perceptions of AQIs influence an ACM's decision-making. Audit firm tenure was found to moderate the relationship between perceptions of AQIs and affective reaction while not moderating the relationship between perceptions of AQIs and the ACM's proposed adjustment.