Sample records for administrative and managerial personnel

  1. Concepts Needed by Managerial Personnel in Automated Offices as Perceived by Office Systems Consultants and Collegiate Business Faculty.

    Graves, Charlotte K.


    Office systems consultants, office administration faculty, and other collegiate business faculty (management, marketing, accounting, and finance) were asked to rate the importance of 42 concepts needed by managerial personnel in automated offices. Also, business faculty were asked to indicate which concepts were currently being taught in courses…

  2. Estimation of Managerial and Technical Personnel Requirements in Selected Industries. Training for Industry Series, No. 2.

    United Nations Industrial Development Organization, Vienna (Austria).

    The need to develop managerial and technical personnel in the cement, fertilizer, pulp and paper, sugar, leather and shoe, glass, and metal processing industries of various nations was studied, with emphasis on necessary steps in developing nations to relate occupational requirements to technology, processes, and scale of output. Estimates were…

  3. From Managerialism to Communicative Competence: Control and Consensus in Educational Administration.

    Watkins, Peter


    Traditional approaches to educational administration have generally reflected a managerial perspective based partly on scientific management principles developed by Frederick W. Taylor. Concerns with efficiency and administrative control have masked inequities and ideologies comprising organizational structure. Habermas's critique may help expose…


    Chirkov, Alexander; Danchenko, Nadezhda; Naryzhnaya, Alyona


    The article deals with the implementation issues efficiency of the administrative and management resources in the region. The conditions of the transition to new models of interaction between the state and society were identified. The possible future directions for improving targeted social support of the population were outlined.

  5. Managerial Accounting. Course Administrative Manual.

    Central Michigan Univ., Mount Pleasant. Inst. for Personal and Career Development.

    This manual is part of the materials for a college-level programmed course in managerial accounting and intended to aid instructors in helping students to work their way through the self-instructional study guide around which the course is organized. The manual describes the various materials and components used in the self-instructional sequence…

  6. Policies and Procedures for Administrative Personnel.

    Macomb County Community Coll., Warren, MI.

    A policies and procedures manual for all administrators in the multicampus Macomb County Community College district, with the exception of the highest executive officers at the district level, and for all administrators at the campus level, including the dean of the campus, i.e., president, is provided. Following a preamble, the articles of the…

  7. Managerial Reform in Romanian Public Administration

    Călin Hinţea; Márton Balogh


    The paper focuses on the development of Romanian public administration since the 1989 revolution. Showing up the characteristics and weaknesses of regulation and operation, the authors give special attention to a managerial approach reform in public-administration institutions. They deal with NGOs as possibly valuable and efficient actors in public service. The article concludes, however, that European integration process is the only serious influence stimulating radical changes in Romania.

  8. World experience in aviation companies staffing executive and administrative personnel

    T.N. Shkoda


    Full Text Available Leading international aviation companies experience in staffing executive and administrative personnel is considered in the article. The author analyzes staffing specifics of such aviation companies as Southwest Airlines, Lufthansa AG, and work of such staffing agencies as Aeropeople Aerotek in this direction. It is defined that Ukrainian aviation companies should use world leading aviation companies experience.

  9. The way the quality of health services is perceived and treated by the managerial personnel of public hospitals

    Anna Rybarczyk-Szwajkowska; Dominika Cichońska; Romuald Holly


    Background: Managerial knowledge and skills as well as profound understanding of goals and objectives of management determine the effectiveness and efficiency in all areas of managerial activities. In particular, this applies to the quality of healthcare services, perceived as a compliance between the effects (of medical treatment) and the assumed relevant objectives (defined/desired health condition). The aim of the research was to distinguish and define the way the health service quality is...

  10. Financial and Managerial Accounting for School Administrators: Superintendents, School Business Administrators, and Principals.

    Everett, R. E.; And Others

    This book updates the classic text "Public School Fund Accounting Principles and Procedures" (Tidwell 1960). The book is designed to be used primarily as a textbook at the graduate level with students training to be school administrators, school business administrators, or principals. A list of topics covered include an overview of school…

  11. The "Equalizer" Administration: Managerial Strategies in the Public Sector

    Cavalcanti, Bianor Scelza


    The purpose of this dissertation is to understand the managerial â actionâ of public administrators in the management of their organizations within the brazilian context. It seeks to understand the relationships between managers and formal management mechanisms by exploring the complementary nature of the effective managerial action in the face of structural deficiencies and flaws, considering the possibility of overcoming the structuralism-subjectivism dichotomy present in the constru...

  12. Decentralisation, managerialism and accountability:

    Robinson, Sarah


    Educational reforms have largely been analysed from the perspective of the effects on students, teachers and schools, their practices and performance. While there is also a large body of literature that draws on the rhetoric and discourses found in policy documents, there has been little attention...... people inside an Australian state education administration during the time when the organisation was being restructured. It examines how decentralisation, managerialism and accountability result in the loss of professional expertise. This study contributes to the literature on the neo-liberalisation of...

  13. Managerial Leadership and the Effective Principal.

    Yukl, Gary

    To help relate management ideas and knowledge to educational administration, the author reviews the major theories and findings from the last 20 years on managerial leadership and discusses their relevance for school principals. He first summarizes findings from three approaches: the traits approach, emphasizing managerial motivation and skills;…

  14. 20 CFR 633.313 - Administrative staff and personnel standards.


    ... for each position shall be justified and documented by the grantee to the satisfaction of the... written detailed job description identifying job functions and responsibilities for each administrative... and wages. (1) Administrative and staff employees in section 402 programs shall be paid at a rate...

  15. Strategic planning and managerial control

    Mihaela Ghicajanu


    In this paper present relationship among strategic planning and managerial control process. For begin I want present few elements about strategic planning and managerial control in order to identify link inter these elements.

  16. Public Administration Reform in Romania from a Leadership and Managerial Perspective (English version)

    Mora, Cristina; Tudor TICLAU


    Public administration reform has been a top priority for every political party that has held office from 1990 since present, but after more than 20 years of “reform”, Romania still faces major administrative problems and challenges while its administrative system in some areas the system still being pre-bureaucratic. One of the causes why reform initiatives and projects have had such a hard time in delivering the promised results is the lack of major political support and consequently lack of...

  17. Public Administration Reform in Romania from a Leadership and Managerial Perspective

    Mora, Cristina; Tudor ŢICLĂU


    Public administration reform has been a top priority for every political party that has held office from 1990 since present, but after more than 20 years of “reform”, Romania still faces major administrative problems and challenges while its administrative system in some areas the system still being pre-bureaucratic. One of the causes why reform initiatives and projects have had such a hard time in delivering the promised results is the lack of major political support and consequently lack of...

  18. Managerial and Organizational Cognition

    Huff, Anne Sigismund


    This issue of International Studies of Management & Organization draws from pre - sentations at a March 2005 European Institute for Advanced Studies in Management (EISAM) European Workshop held in Munich and from a related call for papers. The workshop was the eleventh on the theme of Managerial and Organizational Cognition (MOC). Since 1993, each has brought together scholars from around the world. Given their location, however, the workshops have helped develop a ...

  19. Public Administration meets Peacebuilding : Peace Operations as Political and Managerial Challenges ; an Internat. Conference, Univ. of Konstanz, Germany, Juni 15-17, 2007 ; Conference Report

    Blume, Till; Junk, Julian; Seibel, Wolfgang


    The international dialogue organized at the University of Konstanz, June 15 17, 2007, explored two largely neglected aspects of United Nations (UN) peace operations: the administrative side of peacebuilding and the political side of international administration. Key topics were coordination, leadership, and learning as managerial and political challenges. Each of these three factors was addressed by panels composed of scholars and practitioners. Papers and discussions on coordination confirme...

  20. Managerial Practices and Students' Performance

    Di Liberto, Adriana; Schivardi, Fabiano; Sulis, Giovanni


    We study the effects of managerial practices in schools on students' outcomes. We measure managerial practices using the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable across countries. We find substantial heterogeneity in managerial practices across six industrialized countries, with more centralized systems (Italy and Germany) lagging behind the more autonomous ones (Canada, Sweden, the UK, the US). For Italy, we are able...

  1. Comparison of eating habits of academic and administrative personnel in Gaziantep University

    Halil Evren Sentürk


    Full Text Available This study was carried out to determine the eating habits and the level of knowledge of academic and administrative personnel and compare those habits considering socio-economical variablesThe sample consisted of 118 employees in Gaziantep University. The data collected from the survey that used for the general purpose of the study was analyzed in SPSS 17 package program. Frequency and percentage values were given and analysis of nutrition habits considering to socio-economical condition was done by chi square test.As a result; academic personnel are more knowledgeable when compared with administrative ones. But, because of work intensity they have more irregular eating habits.

  2. PKU and the Schools: Information for Teachers, Administrators and Other School Personnel.

    Health Services Administration (DHEW/PHS), Rockville, MD. Bureau of Community Health Services.

    Designed to acquaint teachers, administrators and other school personnel with phenylketonuria (PKU - an inborn error of metabolism which requires dietary intervention), the booklet reviews school problems related to the condition. Introductory information concerns the nature, treatment, and screening and diagnosis of PKU. Diet management is…

  3. Topical Interface between Managerial Finance and Managerial Accounting.

    Williams, Norman C.; Swanson, G. A.


    The authors present a method to examine the interfaces between business courses for redundancy. The method is demonstrated by examining the content in managerial finance and managerial accounting courses. A decision model application of analysis, expert judgment, and synthesis are incorporated in this method. (CH)

  4. 7 CFR 272.4 - Program administration and personnel requirements.


    ... same non-English language and which do not contain adult(s) fluent in English as a second language; (2... which speak the same non-English language (a single-language minority), the State agency shall provide... households. (B) If notices are required in only one language other than English, notices may be printed...

  5. Methodological Construct of the Religious Situation Analysis: Administrative and Managerial Framework

    Vitaliy Brezhnev


    The article is dedicated to examining the framework analysis of the religious situation that are set by the Constitution of RussianFederation and the legislation of the country. The author suggests the construction of distinguishing religious situation that includesa number of positions, in particular: the structure and composition of regional religious community; the dynamics of thenumber of religious organisations; religious groups; the degree and kind of religious devoutness of the region’...

  6. JET Project: technical developments, status of the manufacturing work in industry, administrative and managerial aspects

    The Joint European Torus (JET) is the largest experimental device foreseen in the five year fusion plan (1976 to 1980) of the European Economic Community (EEC) and it represents about 20% of the total cost of the programme. The basic machine design, the individual items and the overall cost estimates were completed by June 1975, while the detailed design was finished during 1976, together with the preparation of purchase specifications for major machine components. Tenders covering more than 50% of the total JET cost (all within the estimates) have been obtained and the first stages of manufacturing contracts for up to 30% of the JET hardware budget have already been placed (namely manufacture of the Toroidal Field Coil Copper, the Toroidal Magnet, the Vacuum Vessel Bellows and the Vacuum Vessel Rigid Sectors), by using up the money available for long delivery items during the Design Phase. The extensive quarrels about the siting and the management structure for the JET Construction Phase, have prevented the JET Team placing more manufacturing orders, due to the lack of a ''go-ahead'' decision and the consequent shortage of staff and allocated money

  7. Managerial Economics and Global Competition

    Silvio M. Brondoni


    Global managerial economics tends to emerge in conditions of strong, continuous competitive tension, in contexts that are open and subject to political, social and technological instability. Globalisation and new competition boundaries oblige companies to adopt a new 'market-oriented competitive management philosophy' (market-driven management), in which customer value management predominates. Global managerial economics thus interfaces with numerous competition spaces, all with different lev...

  8. Financing Decisions and Discretionary Accruals: Managerial Manipulation or Managerial Overoptimism

    Dalia Marciukaityte; Samuel H. Szewczyk


    We examine whether discretionary accruals of firms obtaining substantial external financing can be explained by managerial manipulation or managerial overoptimism. Insider trading patterns and press releases around equity and debt financing suggest that managers are more optimistic about their firms around debt financing. Consistent with earlier studies, we find that discretionary current accruals peak when firms obtain equity financing. However, we also find that discretionary accruals peak ...

  9. A study of managerial style of the district family planning administrators.

    Nath, D H; Sapru, R


    In 1973-74, NIHAE, an organization established primarily to improve the general administration of health services by imparting inservice training in modern management concepts and techniques to senior health administrators in India, conducted a study to determine the training needs of district level family planning administrators, according to their actual managerial roles and functions and the problems and difficulties they face. 331 district family planning officials were mailed a Blake and Mouton grid questionnaire. 5 major styles located in the 4 corners and the mix point of the grid have been used as the representative managerial styles of 5 major sets of underlying assumptions. The distribution of district family planning administrators in 1973 is based upon a pooled estimate of around 286 of the 331 district family planning officers. Their managerial styles are as follows: 44.2% of the respondents revealed a managerial style that shows a high potential for team management and the ability to generate a climate of mutual interdependence, trust and confidence by integrating organizational purpose with the creation of sound and healthy human relationships; 2) 29.6% showed a style that focuses on the needs of people in an attempt to maintain interpersonal relationships leading to a friendly organizational climate and work tempo; 3) 10.7% represented the task management approach, showing primary concern for performance; 4) 12.2% strove to strike a balance between concern for performance and the human element; and 5) 5.4% of the managers showed a lack of concern for either task performance or human relationships. Although around 50% of the district family planning officers revealed managerial potential, the study findings indicate that individual respondents were dispersed in all the 5 typical styles, irrespective of age. However, the organizational pressures in existing State Health Administrations were by and large tending to make the officers resort to levels of

  10. Pupil Personnel Services in Schools--Organization and Coordination. Organization, Administration, and Leadership.

    Hummel, Dean L.; Donham, S. J., Jr.

    Part II includes chapters three and four. Chapter Three, "Organizing a Balanced Pupil Personnel Program," focuses on the coordination of three program functions among the many services the authors include under pupil personnel services: (1) supportive-consultative, (2) special instructional, and (3) research and data processing. They illustrate…


    Javier M. López Cuñat


    We analyze managerial contracts (i.e. incentive schemes based on a linear combination of profits and sales) under asymmetric information about costs. In the competitive setting with ex ante symmetric information, standard strategic effects appear. Under adverse selection in both, monopolistic and competitive settings, we show that, in order to decrease the manager's expected informational rents, the owner will optimally pay the manager to keep sales low or, on the contrary, keep them high. Mo...

  12. Managerial and Leadership Competencies

    Boyatzis, Richard E.


    Development of competencies needed to be effective managers and leaders requires research and theory that can drive future scholarship and application. Competencies are defined and an overview is provided on research on competencies, their link to performance in various occupations, and their development. Emotional, social and cognitive intelligence competencies predict effectiveness in professional management and leadership roles in many sectors of society. In addition, these competencies ca...

  13. Capacities and managerial practices as mechanism of organizacional learning and its application to the management of the personal: Case Multinationals

    Cerna, Luis Guillermo


    The most important benefit of this investigation is the identification of the best capacities and managerial practices, used by multinational companies on the global economic market, in its application as a mechanism of learning and management of personnel. This study defines the spectrum of universal managerial practices and investigates the capacities that are related with the management of the business. The proposed models ([4cC] managerial management and [4cP] management of personnel) hav...

  14. Fatherhood and Managerial Style


    Motivated by a growing literature in the social sciences suggesting that the transition to fatherhood has a profound effect on men’s values, we study how the wages of employees change after a male chief executive officer (CEO) has children, using comprehensive panel data on the employees, CEOs, and...... families of CEOs in all but the smallest Danish firms between 1996 and 2006. We find that (a) a male CEO generally pays his employees less generously after fathering a child, (b) the birth of a daughter has a less negative influence on wages than does the birth of a son and has a positive influence if the...... daughter is the CEO’s first, and (c) the wages of female employees are less adversely affected than are those of male employees and positively affected by the CEO’s first child of either gender. We also find that male CEOs pay themselves more after fathering a child, especially after fathering a son. These...

  15. Managerial Knowledge and Skills

    Mandelík, Jiří


    This Master thesis focuses on the discipline called knowledge management. Knowledge management is according to Jan Truneček defined as a method how „to get the right knowledge to the right persons in the right time and in the right form“ . The thesis looks into defining, preserving and developing of the knowledge of employees on the position Channel Development Specialist in the company Nestlé Česko. The literature review part defines terms „management“, „manager“, „knowledge management...

  16. Gender, Power and Managerialism in Universities

    White, Kate; Carvalho, Teresa; Riordan, Sarah


    This article explores the role of senior managers in consolidating and interpreting new managerialism in higher education in Australia, South Africa and Portugal, and perceptions of potential effects on gender. The impact of managerialism on decision-making in Australia was increased centralisation with the Vice Chancellor operating as a Chief…

  17. Managerial information behaviour: Relationships among Total Quality Management orientation, information use environments, and managerial roles

    Simard, C.; Rice, Ronald E.


    This paper integrates disparate literatures to develop a summary model that proposes how different orientations (control or learning) toward a major organizational change effort, Total Quality Management, will generate different managerial information use environments, will require different managerial roles, and will thus involve different managerial information behaviours, in order to foster successful TQM implementation.

  18. Accounting information and managerial work

    Hall, Matthew,


    Despite calls to link management accounting more closely to management (Jonsson, 1998), much is still to be learned about the role of accounting information in managerial work. This lack of progress stems partly from a failure to incorporate in research efforts the findings regarding the nature of managerial work, as well as inadequate attention devoted to the detailed practices through which accounting information is actually used by managers in their work. In this paper I draw on prior rese...

  19. The U. S. Managerialism of Public Administration Theory: Philosophical Foundation and the Inherent Logic%美国公共行政理论中管理主义之哲学基础与内在逻辑

    刘耀东; 施雪华


    美国公共行政理论中的管理主义范式经历了萌芽、形成、拓展和成熟四个发展阶段。实证主义是管理主义的哲学基础,因为实证主义为管理主义提供了方法论基础,而管理主义是实证主义在管理领域的具体应用。美国公共行政理论中的管理主义是在与宪政主义的争论中得以发展和完善的,其理论体系由单一化、片面化逐渐走向多元化、系统化;理论研究由注重经济、效率价值转向既注重经济、效率价值,又兼顾人本价值,这是美国公共行政理论中管理主义发展的内在逻辑。%The U. S. managerialism of public administration theory has experienced four stages as the germination, formation, development and maturity. Positivism is the philosophy foundation of manage- rialism because the positivism provides methodology basis for managerialism and managerialism is the specific application by positivism in management domain. Managerialism in the U. S. public administra- tion theory was developed and perfected by the debate with constitutionalism, its theoretical model from simplification, one-sidely gradually shift complete diversified, systematic. Theoretical research by focusing on economic, efficiency value, both pay great attention to economy, efficiency value, and the value of Humanism is the internal logic of the U. S. managerialism of public administration theory.

  20. Manager's profile and Managerial Styles

    Kozlova, Yana


    The object of the bachelor work is Gorky Park administration that takes place in Moscow, Russia. The subject is the research of Gorky Park administration's activity and its different aspects. The aim is to analyze administration as a type of organization's management activity, its management styles and to develop recommendations with intention to improve overall administration performance. Gorky Park is one of the oldest Moscow parks. It's a complex, multifunctional cultural organization and ...




    Full Text Available The definitive characteristics of companies’ management and background have offered more or less convincing explanations for the fundamentals of their performances and competiveness. It was long studied the ability of managers and management teams of drawing “strategic lines” at national, regional, EU and world level. The future, instead, is at stake because of the crisis. All big companies experienced new managerial methods and models, more or less strategic, for the past two years. The present shows that those companies which resisted in front of the present realities of the market do not fit in the general strategic management. Already, often, the strategy does not excel one year. What preoccupies the specialists in human resources lately is the existent disequilibrium on the labor market and the crisis at all levels: moral crisis – spiritual crisis – financial crisis – economic crisis – social crisis, and on the needs to reduce costs with the human factor. Very few will be interested in indentifying their employees’ labor aspects. They examine human personality, with the purpose of completing their employees’ professional training and improvement, their performances and behavior at work, their individual results and those of the organization compared to competition… That seems to be enough, right?! But who is still interested in investigating the relation between the work results and the quality of life, the lifestyle, the personal satisfactions?

  2. Career Development and Emerging Managerial Career Patterns.

    Grzeda, Maurice


    Career-motivation theory provides a new framework for managerial careers in the context of contemporary career patterns. The framework includes the concepts of career resilience, career insight, and career identity. (SK)

  3. Theoretical and practical aspects of managerial reporting

    Bryk G. V.


    Essence and value of the managerial reporting in the system of the informative providing of enterprises’ management are considered. Approaches of scientists for finding out of general and excellent lines in categories «managerial reporting» and «internal reporting» are represented. Necessity of forming at the level of separate subject of manage system of account after the centers of responsibility such as centers of profits, costs, income and investments are grounded. The properly attenti...

  4. Managerial Incentives and Stackelberg Equilibria in Oligopoly

    Scrimitore, Marcella


    The paper investigates both quantity and price oligopoly games in markets with a variable number of managerial and entrepreneurial firms which defines market structure. Following Vickers (Economic Journal, 1985) which establishes an equivalence between the equilibrium under unilateral delegation and the Stackelberg quantity equilibrium, the outcomes of these games are compared with the ones in sequential multi-leaders and multi-followers games. The profitability of a managerial/entrepreneuria...

  5. Thesis on shareholder right and managerial entrenchment

    Xie, Wensi; 解文斯


    This dissertation consists of two empirical essays on shareholder right and managerial entrenchment. The essays investigate how shareholder protections affect firm’s response to banking crisis, and how shareholder activism affects managerial voluntary disclosure. In the first essay, I assess the following question: Do stock markets act as a “spare tire” during banking crises, providing an alternative corporate financing channel and mitigating the economic severity of banking crises? Using...

  6. Investors in People, Managerial Capabilities and Performance

    Bourne, Mike; Franco-Santos, Monica


    Investors in People (IiP) UK commissioned the Centre for Business Performance at Cranfield School of Management to investigate the impact of Investors in People on managerial capabilities, managerial performance and business results. In this study, we took three different approaches. Firstly, we conducted in depth case studies in seven different organisations. Through a series of interviews with HR professionals and line managers, we investigated the impact Investors in People ...

  7. Personnel Medical Listing and Administrative Tickler Program for Independent Duty Corpsmen

    Allen, Daniel R.


    The Tektronics 4051 Desk Top Calculator is utilized to meet the medical/dental administrative requirements of the Pacific submarine force and to provide a quick recall of information required on a periodic basis or prior to an extended deployment. The program enables the user to store, update, and recall information for crew immunizations, weight control, dental check-ups, exposure to occupational hazards, e.g., noise, compression-decompression, welding, asbestos, radiation, and sonar, and to...

  8. The effect of organizational level and practice area on managerial work in hospital dietetic services.

    Palacio, J P; Spears, M C; Vaden, A G; Dayton, A D


    All areas of practice in hospital dietetic services include a management component; however, the nature of the managerial role in various areas of dietetic practice has not been identified clearly. The definition of dietetic practice in the Conceptual Framework for the Profession of Dietetics supports the importance of managerial skills. The effect of organizational level and practice area on managerial activities and roles of professional staff in hospital dietetic services was examined in this study. The nationwide sample included professionals in hospitals with 300+ beds. A total of 3,280 dietetic professionals participated. Five groups were defined: low administrative, low clinical, middle administrative, middle clinical, and upper administrative. Mintzberg identified 10 managerial roles and categorized them as interpersonal, informational, or decisional. The 10 roles were used as the basis for developing an 80-item instrument on which respondents rated each item for importance and time demand. Perceived importance of managerial activities tended to be greater at higher organizational levels. The managerial aspects of the lower clinical and upper administrative position were the most clearly defined. The lower clinical group tended to rate all of the managerial roles as significantly less important than did those in other positions; however, the middle clinical position included a substantial managerial responsibility. PMID:4008830

  9. [The training of administration personnel for private medical organizations].


    The training of administration personnel for medical institutions is an integral part of the restructuring of health care. The authors proposed a system approach during the development of business-competences needed for modem medicine to provide the corresponding level of activity in the conditions of market economy and modernization of health care system. PMID:23033577

  10. Managerial Behavior of Special Education, Elementary, and Secondary Principals: An Empirical Assessment.

    Madsen, Jean; Reyes, Pedro

    Findings of this study of the managerial behavior of special education principals are compared with findings of other studies of managerial behavior of elementary and secondary principals. Mintzberg's theoretical model of administrative behavior (1973) was applied to special education principals. Five structured observations were conducted with…

  11. Managerial Meta-knowledge, Uncertainty, and Adaptation

    Jensen, Henrik; Foss, Nicolai Juul

    about the resources of the firm (including employee knowledge) we argue that this amounts to an assumption of perfect managerial meta-knowledge. However, research streams on resource cognition, transaction memory and organizational self- knowledge suggests that this assumption is not in general......"Managerial Meta-Knowledge, Uncertainty, and Adaptation: Governance Choice when Firms do not Know their Capabilities" Much research on economic organization (e.g., transaction cost economics) is based on an assumption that firms accurately know their own capabilities. In terms of what managers know...

  12. Option Strike Price and Managerial Investment Decisions

    刘鸿雁; 张维


    The manager′s investment decisions is modeled when the manager is risk-averse and has stock options as compensation. It is found that the strike price of options is crucial to the investment incentives of managers, and that the correct value, or interval of values, of managerial stock option strike price can bring stockholder and manager interests in agreement.

  13. Perceived Managerial and Leadership Effectiveness in Colombia

    Torres, Luis Eduardo; Ruiz, Carlos Enrique; Hamlin, Bob; Velez-Calle, Andres


    Purpose: The purpose of this study was to identify what Colombians perceive as effective and least effective/ineffective managerial behavior. Design/methodology/approach: This study was conducted following a qualitative methodology based on the philosophical assumptions of pragmatism and the "pragmatic approach" (Morgan, 2007). The…

  14. Organizational, managerial, and institutional influences on risk management

    Organizational and managerial systems for risk management in nuclear power plants are under the influence of externally and internally generated goals. Externally, the NRC, public utility commissions, and such institutions as Institute of Nuclear Power Operations (INPO) establish requirements and guidelines for best practice. Internally, utility strategies define operational goals and standards for safety and production. One managerial responsibility in operating the complex, interdependent technological systems of nuclear power plants is to assure that the activities of departments, divisions, and functions are coordinated. These bridging processes need to be understood in order to suggest alternatives for organizing work and managing risk. To delineate the ways in which regulators and industry institutions affect these processes, details of their influences on daily practices can be addressed through a work system approach. The work system approach takes a dynamic view of organizational structures and managerial processes. Managers balance safety goals with efficiency and production goals through a continuous exchange of information, advice, expertise, budget allocations, personnel, and other resources, drawing on resources from within their organizations and from outside their boundaries. This exchange of resources is essential to organizational strategies for reducing and managing risk

  15. The Cumulative Prospect Theory and Managerial Decision Making


    Can managerial decision making be predicted? Why would we want to predict managerial decision making? Managerial job is largely that of making decisions. In order to be successful, those decisions have to be right. In this article authors investigate if the cumulative prospect theory is applicable to managerial decision making and describe some divergent views about the theory. They also explore risk perception under the influence of decision framing. Risk propensity too is explored as it is ...

  16. An Examination of Relationships between Managerial Coaching and Employee Development

    Park, Sohee; Yang, Baiyin; McLean, Gary N.


    Managerial coaching is popularized as a way of motivating, developing and retaining employees in organizations. Yet, there has been lack of empirical studies to examine the linkage between managerial coaching and its potential impact on employees. This study investigated the relationships among managerial coaching and employees' personal learning,…

  17. Qualitative Analysis of Realisation of the Organisational and Managerial Potential and Competitive Sustainability of Engineering Enterprises

    Kuzmynchuk Nataliya V.


    Full Text Available The article is devoted to detection of specific features of realisation of the organisational and managerial potential and competitive sustainability of engineering enterprises, which are a strategically important link of the national economy. The article forms a scorecard, which characterises directions of competitive sustainability (production, financial, marketing and social and organisational and managerial potential. The use of the economic and mathematical method of cluster analysis allowed assessment of the level of efficiency of material motivation of personnel and development of economic processes of an enterprise by qualitative features. The article conducts distribution of engineering enterprises by the level of organisational and managerial potential and competitive sustainability, which allows generation of high quality timely managerial decisions depending on the focus on a problem solution and ensures realisation of an adequate model of enterprise development under conditions of the transformational economy.

  18. Environmental, legal and managerial aspects

    This U.S. contribution to the syllabus for Subgroup 5C treats with environmental and ecological aspects specific to fast breeder reactors, physical protection and safeguarding of the FBR cycle, fuel cycle centers (site selection problems for different degrees of collocation) and administrative and legal problems. Decommissioning of an FBR power plant, syllabus item C.1.7, is treated in separate contribution, more information on advanced safeguards for the fast breeder fyel cycle is contained in the contribution, USA WG 5C-tbd. A key conclusion of this is that with safeguards planning initiated early in the development of the FBR fuel cycle, time is available to develop, evaluate, and implement improved safeguards techniques and incorporate them into the design phase of all FBR cycle facilities

  19. Agency, firm growth, and managerial turnover

    Anderson, Ronald W.; Bustamante, Cecilia, 1932-2006; Guibaud, Stéphane


    We study the relation between firm growth and managerial incentive provision under moral hazard when a long-lived firm is operated by a sequence of managers. In our model, firms replace their managers not only upon poor performance to provide incentives, but also when outside managers are at a comparative advantage to lead the firm through a new growth phase. We show how the optimal contract can be implemented with a system of deferred compensation credit and bonuses, along with dismissal and...


    Gazzola Patrizia; Colombo Gianluca


    Abstract: This paper is aimed at designing a research programme to improve the communication with the stakeholder through the analysis of the managerial actions in order to create shared value. At the core of this research we propose to observe the relationships between management actions and the strategic conversations. Thus the dialogue and the communication become the key tool for strategic change. Two fields of analysis are proposed: the dialogue between stakeholders and among the scholar...

  1. Hedge fund performance and managerial social capital

    Rosmah Mat Isa; Rashid Ameer


    Purpose – This article seeks to explain and empirically test the relationship between managerial social capital and hedge fund performance. Design/methodology/approach – This article uses a capital asset pricing model (CAPM)-style five factor model to estimate excess returns for the top 25 hedge funds. Findings – The results show that hedge funds managers with more affiliation diversity have higher annualised rate of return. This result seems to suggest managers with more social networks and ...

  2. Stock Option Compensation and Managerial Turnover

    Raluca Georgiana NASTASESCU


    This study examines the association between managerial turnover and equity-based compensation. I investigate whether stock options act to bond executives to their firms and whether retention of managers is a motivation of companies in designing CEO incentive contracts. The results show that stock options do negatively influence the probability of a CEO leaving the company. The monetary cost of losing the value of equity-based compensation package keeps the manager with his company. I also fin...

  3. Corporate Social Responsibility and Managerial Entrenchment

    Cespa, Giovanni; Cestone, Giacinta


    When stakeholder protection is left to the voluntary initiative of managers, relations with social activists may become an effective entrenchment strategy for inefficient CEOs. We thus argue that managerial turnover and firm value are increased when explicit stakeholder protection is introduced so as to deprive incumbent CEOs of activists’ support. This finding provides a rationale for the emergence of specialized institutions (social auditors and ethic indexes) that help firms commit to stak...

  4. Managerial Contracting and Corporate Social Responsibility

    Baron, David P.


    This paper presents a positive theory of corporate social responsibility set in a managerial capitalism context in which managers instead of markets allocate resources, including social expenditures. The theory focuses jointly on the operational management of the firm and on its social expenditures as influenced by a compensation contract chosen by shareholders in a capital market that prices social expenditures. The theory provides three explanations for compensation systems that encompass s...

  5. Managerial Roles and Functions in Negotiation Process

    Andrzej Kozina


    Full Text Available The paper is focused on negotiation processes performed in a company and presents author’s concept of the description of the roles and functions accomplished by managers within those processes and being of significant importance from the point of view of negotiations’ outcomes. Such a concept aims at providing the analysis and conducting of business negotiations with effective support. Firstly (following introduction, the concept, types, and comprehensive model of such negotiations is presented as a useful methodological framework for specifying managerial roles and functions. Secondly, some classic concepts of those roles are reviewed, drawing special attention to the ones that concern negotiation process. Thirdly, general managerial functions within that process are described. Fourthly, those functions are precised by relating them to typical hierarchical levels. Fifthly, peculiar managerial functions within negotiating team are discussed. Finally, specific issue of the role of manager as a mediator is addressed. Summing up the paper, the crucial areas for subsequent research were pointed out. In order to elaborate the presented concept the author carried out the comparative study of negotiation literature as well as developed his original ideas.

  6. Managerial Skills

    Kolářová, Olga


    The thesis „Managerial Knowledge and Skills“ focused on a theoretical overview of managerial knowledge and skills and on illustrating a practical application of these managerial knowledge and skills in practice. The theoretical part describes the basic concepts such as management, manager, managerial role, function, planning, delegation, communication. The practical part analyzes the situation monitored in the organization based on the evaluation results of the questionnaire. The co...

  7. Administrative circular No.14 (Rev. 3) – Protection of members of the personnel against the financial consequences of illness, accident and incapacity for work


    Administrative Circular No. 14 (Rev. 3) entitled “Protection of members the personnel against the financial consequences of illness, accident and incapacity for work”, approved by the Director-General following discussion at the Standing Concertation Committee meeting of 19 April 2012 and entering into force on 1 January 2013, is available on the intranet site of the Human Resources Department.   This circular is applicable to all members of the personnel. It cancels and replaces Administrative Circular No. 14 (Rev. 2) entitled “Protection of members of the personnel against the financial consequences of illness, accident and disability” from July 2006. The circular was revised in order to improve the procedure before the Joint Advisory Rehabilitation and Disability Board (JARDB) and the management of long-term sick leave through a multidisciplinary approach launched upstream. The aim of this approach is to allow staff/fellows c...

  8. Education of Students with Phenylketonuria (PKU): Information for Teachers, Administrators and Other School Personnel.

    National Inst. of Child Health and Human Development (NIH), Bethesda, MD.

    This booklet summarizes current knowledge about phenylketonuria (PKU), an inherited condition that results in severe mental retardation if untreated, and discusses the psychoeducational implications of the condition. The introduction stresses the importance of early diagnosis (during the first days of life) and the effectiveness of a diet that…

  9. Relevance of a Managerial Decision-Model to Educational Administration.

    Lundin, Edward.; Welty, Gordon

    The rational model of classical economic theory assumes that the decision maker has complete information on alternatives and consequences, and that he chooses the alternative that maximizes expected utility. This model does not allow for constraints placed on the decision maker resulting from lack of information, organizational pressures,…


    Radu Ioan


    Full Text Available The base of this research was a comparative analyse of the international practices in the field, in order to identify the most important tendencies in public services management. Considering the results of this research, there were identified the foundamental principles of an intelligent management model for public management (subsidiarity, public value and deliberative governance. Starting from this point, we proposed a new intelligent management model applicable in romanian public sector, which can be structured into three major components: top management component (executive and deliberative, operational management component (back office and communication component (front level. As a case study, we focused in particullary on the water supply public service and we developed a methodology for projecting the front-office component starting from the necessity of optimising stakeholder satisfaction.

  11. Transformation of University Organizations:Leadership and Managerial Implications

    Cemil ULUKAN


    Full Text Available Transformation of University Organizations:Leadership and Managerial Implications Cemil ULUKAN, Ph.D Anadolu UniversityOpen Education Faculty Eskisehir-TURKEYABSTRACT Technology and globalization are forcing higher education institutions to transform themselves. This paper aims to contribute to a better understanding the leadership and managerial implications of recent developments for higher education. Reviewing unique characteristics and the fundamental changes shaping higher education, the paper examines the need for organizational transformation and the major managerial implications.

  12. Managerial Talent, Motivation, and Self-Selection into Public Management


    This discussion paper has led to a publication in the 'Journal of Public Economics'. The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a perfectly competitive economy where people differ in managerial ability and in public service motivation. We find tha...

  13. Personnel preferences in personnel planning and scheduling

    Veen, van der, H.B.


    The personnel of an organization often has seemingly conflicting goals. On the one hand, the common goal is to achieve operational efficiency and to be available for work when needed in the organization. On the other hand, individual employees like to have a good work-life balance, by having personal working hour preferences taken into account. We develop and apply Operations Research methods and tools and show that operational efficiency can be achieved while taking personnel preferences int...

  14. Managerial adjustment and its limits: sequential fault in comparative perspective

    Flávio da Cunha Rezende


    Full Text Available This article focuses on explanations for sequential faults in administrative reform. It deals with the limits of managerial adjustment in an approach that attempts to connect theory and empirical data, articulating three levels of analysis. The first level presents comparative evidence of sequential fault within reforms in national governments through a set of indicators geared toward understanding changes in the role of the state. In light of analyses of a representative set of comparative studies on reform implementation, the second analytical level proceeds to identify four typical mechanisms that are present in explanations on managerial adjustment faults. In this way, we seek to configure an explanatory matrix for theories on sequential fault. Next we discuss the experience of management reform in the Brazilian context, conferring special attention on one of the mechanisms that creates fault: the control dilemma. The major hypotheses that guide our article are that reforms lead to sequential fault and that there are at least four causal mechanisms that produce reforms: a transactions costs involved in producing reforms; b performance legacy; c predominance of fiscal adjustment and d the control dilemma. These mechanisms act separately or in concert, and act to decrease chances for a transformation of State managerial patterns. Major evidence that is analyzed in these articles lend consistency to the general argument that reforms have failed in their attempts to reduce public expenses, alter patterns of resource allocation, reduce the labor force and change the role of the State. Our major conclusion is that reforms fail sequentially and managerial adjustment displays considerable limitations, particularly those of a political nature.




    Research theme - Globalization and technological changes generates complexity both in the business environment and the accounting systems. Under these conditions managerial accounting needs to learn new practices in order to become an active consultant of management. Objectives - The main objective of this paper is to present how managerial accounting changed over the years in Romania. We intend to present how the managerial accounting system is implemented within Romanian organizations, to r...


    HERCIU Mihaela


    Managerial performance and firm performance are two concepts in a strong correlation. The more managerial performance is higher with both shareholders are pleased because managers leading firms such manner that they are able to increase their performance (financial, social and environmental). Achieving or maintaining a certain level of performance by the firms is possible in conditions which leaders performs in the management. Furthermore, managerial performance has a tremendous impact on fir...




    Full Text Available Research theme Globalization and technological changes generates complexity both in the business environment and the accounting systems. Under these conditions managerial accounting needs to learn new practices in order to become an active consultant of management. Objectives: The main objective of this paper is to present how managerial accounting changed over the years in Romania. We intend to present how the managerial accounting system is implemented within Romanian organizations, to report the level of adoption of traditional practices, tools and techniques, to identify to what extent contemporary managerial accounting practices are implemented and used, and finally to identify whether managerial accounting information is useful for business decisions. Prior works: Over the years researchers from all over the world were interested in managerial accounting changes and innovations, in managerial accounting practices, tools and techniques adopted by organizations. On international level the study made by Pavlatos and Paggios (2009 and on national level the study made by Jinga et al (2010 represents the starting point of our study. Both research team conducted a study on managerial accounting practices and the utility of managerial accounting information and found out that managerial accounting information is useful for managers in the decision making process but traditional practices, tools and techniques are used to 'produce' this type of information. Design/methodology : An empirical study was conducted in 2010 within Romanian accounting professionals. A questionnaire was sent to a number of 1871 professionals members of The Body of Expert and Licensed Accountants of Romania regarding managerial accounting practices, tools and techniques adopted and implemented. Data obtained was processed and analyzed with the help of descriptive statistics. Results/findings - Romanian professionals consider that managerial accounting information is useful

  18. Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies


    We argue here for a broader view of the biases in managers' decisions: In general, managerial rent-seeking affects not only the level of investment, but also the form. Our basic hypothesis is simple: given the now well-established scope for managerial discretion, managers have an incentive to exercise that discretion to enhance their income. Any managerial contract is subject to renegotiation, and a manager's pay is the outcome of an often bewildering bargaining process between management, th...

  19. Organizational and Managerial Accounting Challenges

    Anamaria Tepes-Bobescu


    The article focuses on the concept of value chain analysis and its positive effects on the development of an enterprise. After reading literature and conceptual discussions of value analysis and classification of company’s activities (main and support), there are described the steps that takes up the value chain analysis. It describes the role of management accountant and role of enterprise’s management based on value chain analysis. An analysis is made between the value chain and conventiona...

  20. Accounting Conservatism and Managerial Incentives

    Kwon, Young K.


    There are two sources of agency costs under moral hazard: (1) distortions in incentive contracts and (2) implementation of suboptimal decisions. In the accounting literature, the relation between conservative accounting and agency costs of type (1) has received considerable attention (cf. Watts 2002). However, little appears to be known about the effects of accounting conservatism on agency costs of type (2) or trade-offs between agency costs of types (1) and (2). The purpose of this study is...

  1. E-hancing the Master of Business Administration (MBA) Managerial Accounting Course

    Zabriskie, Fern H.; McNabb, David E.


    Professional education, including managerial accounting education, at independent colleges and universities faces two challenges: (a) meeting shifting demand with static or declining resources and (b) ensuring that graduates gain the technological knowledge and skills that they need to succeed in their future careers. For many schools, the…

  2. Merger Performance and Managerial Incentives

    Kräkel, Matthias; Müller, Daniel


    We consider a two-stage principal-agent model with limited liability in which a CEO is employed as agent to gather information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that the CEO systematically recommends targets with low synergies - even when targets with high synergies are available - to obtain high-powered incentives and, hence, a high personal income at the merger-management stage.

  3. Managerial Style and Organizational Climate

    Munteanu Valentina


    The organizational climate, through its effects it produces in terms of individual or group, has an important role in obtaining the performance of an organization. Today intercede through a complex connections, the life and work of the group. Optimizing any key of the climate will have a positive effect at the level of the group. Climate positive is based on the Manager's organizational ability to listen, to avoid and eliminate conflict situations, on the establishment of responsible, partici...

  4. Managerial Distance and Virtual Ownership

    Hansmann, Henry; Thomsen, Steen

    Industrial foundations are autonomous nonprofit entities that own and control one or more conventional business firms. These foundations are common in Northern Europe, where they own a number of internationally prominent companies. Previous studies have indicated, surprisingly, that companies...... controlled by industrial foundations are, on average, as profitable as companies with conventional patterns of investor ownership. In this article, we explore the reasons for this performance, not by comparing foundation-owned firms with conventional investor-owned firms, but rather by focusing...

  5. Variations in ownership structure, managerial pay packages and managerial effort across firms and industries

    Barkema, Harm Geert


    The present study aims at a more coherent theory to explain the variations mentioned above. We focus on one type of stakeholder in the firm: management. And with respect to managerial behaviour, we focus on an important element (see Fama, 1980): effort devoted to decision making. Hence the aim of th

  6. Managerial Competencies and the Managerial Performance Appraisal Process.

    Abraham, Steven E.; Karns, Lanny A.; Shaw, Kenneth; Mena, Manuel A.


    Human resource managers (n=277) identified six management competencies as critical: leadership, customer focus, results orientation, problem solving, communication skills, and teamwork. However, many companies do not assess these competencies in the management performance appraisal process. (Contains 22 references.) (SK)

  7. 管理会计人才培养浅析%Brief Analysis of Personnel Training for Managerial Accountant



    伴随着经济全球化和国际市场竞争的加剧,会计人员的职能不再局限于会计核算,而是需要参与决策和管理。高素质的管理会计人才对我国经济的发展起着关键的作用,然而我国存在管理会计人员匮乏,管理会计人员培养体系不健全等问题。因此,需要针对管理会计人才培养存在的问题,深入探讨加强我国管理会计人才培养体系建设的对策和建议。%Accompanied by economic globalization and international competition intensifies, the functions of accountant is no longer confined to accounting, but need to participate in decision-making and management. High-quality managerial accountant plays a key role in China’ s economic development, but the lack of staff managerial accountant presence, the construction of managerial accounting training system is not perfect and so on. Therefore, aim at management accounting problems existing in the talents training, the essay explores the countermeasures and suggestions to strengthen the construction of our country management accounting tal-ent cultivation system.

  8. 管理会计人才培养浅析%Brief Analysis of Personnel Training for Managerial Accountant



    Accompanied by economic globalization and international competition intensifies, the functions of accountant is no longer confined to accounting, but need to participate in decision-making and management. High-quality managerial accountant plays a key role in China’ s economic development, but the lack of staff managerial accountant presence, the construction of managerial accounting training system is not perfect and so on. Therefore, aim at management accounting problems existing in the talents training, the essay explores the countermeasures and suggestions to strengthen the construction of our country management accounting tal-ent cultivation system.%伴随着经济全球化和国际市场竞争的加剧,会计人员的职能不再局限于会计核算,而是需要参与决策和管理。高素质的管理会计人才对我国经济的发展起着关键的作用,然而我国存在管理会计人员匮乏,管理会计人员培养体系不健全等问题。因此,需要针对管理会计人才培养存在的问题,深入探讨加强我国管理会计人才培养体系建设的对策和建议。


    Boiko, I.


    The article is devoted to the research of preconditions and necessity of creation strategic managerial accounting in the accounting system of enterprise. There are investigated economic essence and assignment of strategic managerial accounting and substantiated its importance for making strategic decisions on an enterprise.

  10. Administrative Circular No. 11 (Rev. 4) - Categories of members of the personnel

    HR Department


    Administrative Circular No. 11 (Rev. 4) entitled "Categories of members of the personnel", approved by the Director-General following discussion in the Standing Concertation Committee meeting on 29 April 2016, will be available on 1 August 2016 via this following link.    This revised circular cancels and replaces the Administrative Circular No. 11 (Rev. 3) also entitled "Categories of members of the personnel" of September 2014. The main changes concern the status of apprentices and their transfer from the category of employed members of personnel to associated members of personnel. This circular will enter into force on 1 August 2016. Department Head Office

  11. Methodology and Objectives of Managerial Bookkeeping in a chosen Firm

    Skořepová, Ivana


    Target of the bachelor thesis is analysed the system of managerial accounting in Mlékárna Polná spol. s r.o. Find out some differences from common conception of managerial accounting and suggest a realization of contingent changes. My target is analysed the system of intradepartmental accounting, structuring of costs, organizational structure, control of economy and costing system.

  12. Managerial Competencies

    Vopelková, Lenka


    Managerial competencies are crucially important for the prosperity of the company. The subject of this work is to identify the competencies necessary for successful performance of assigned duties of the managerial position. The chapter called Literature Review deals with the managerial competencies as described in literature. It is very important for the success of the company, how much attention is paid to the selection of its managers and used competency models and whether they are used ...

  13. Personnel Policy and Profit

    Bingley, Paul; Westergård-Nielsen, Niels Chr.


    of the firm. Here we follow the population of 7118 medium-to-large sized private sector Danish firms over the period 1992-95. In an instrumental variables framework, we use changes in the personnel composition of different firms operating in the same local labour market to provide exogenous...... identifying personnel structure variation. It is found that personnel policy is strongly related to economic performance. At the margin, more hires are associated with lower profit, and more separations with higher profit. For the average firm, one new job, all else equal, is associated with ?2680 (2000...

  14. Personnel selection and training

    Paragraph 50.34(b)(6)(i) of 10 CFR Part 50, ''Licensing of Production and Utilization Facilities,'' requires that applications for a license to operate a nuclear power plant include information concerning organizational structure, personnel qualifications, and related matters. This regulatory guide describes a method acceptable to the NRC staff of implementing this portion of the Commission's regulations with regard to personnel qualifications. (auth)

  15. Designing Information and Analytical System for Managerial Influence

    Oleksandr Kostenko


    The concept of 'managerial influence' has been defined. The steps, methods and functional tools of the management influence have been considered. The theoretical and methodical basis for designing the information and analytical system of managerial influence to implement the management decisions have been researched. In particular, the author describes the content, function and he grounds the principles and requirements of developing the information and analytical management system. It has be...

  16. Managerial capacity in the innovation process and firm profitability

    Giovanni Cerulli; Bianca Potì


    This paper studies at firm level the relation between managerial capacity in doing innovation and profitability. Moving along the intersection between the evolutionary/neo-Schumpeterian theory and the Resource-Based-View of the firm, we prove econometrically that managerial efficiency in mastering the production of innovation is an important determinant of firm innovative performance and market success, and that it complements traditional Schumpeterian drivers. By using a Stochastic Frontier ...

  17. Managerial Stock Compensation and Risky Investment

    Raluca Georgiana Nastasescu


    Full Text Available This study analyzes the relationship between the mix of CEO equity-based compensation, namely stock options and restricted stock, and firms' risky investment. In general, the theory suggests that long-term compensation aligns CEOs' and shareholders' interests by inducing the managers to undertake risky investment, which has a positive impact on longterm well-being of the firm. However, as my results show, it is important to distinguish between types of awards since they can have different effects on the riskiness of the firm. In this respect, I answer the question how are different types of stock based compensation related to the executives' determination to increase or not the intensity of the firm's risky investment? I find that awarding the CEOs preponderantly with stock options positively affects the firm's level of R&D investment. Conversely, a higher proportion of restricted stock in the CEO's compensation is related to lower investment in (risky R&D. The inverse relation of causality also holds. Firms that make intensive R&D investments are more likely to award their CEOs with more stock options relative to restricted stock. Overall, the results are consistent with the theoretical prediction, in that the managerial compensation scheme plays an important role in determining the level of R&D investment.

  18. Performance Management, Managerial Authority, and Public Service Performance

    Nielsen, Poul Aaes


    A central notion of performance management reform is that outcome-based accountability should be accompanied by increased managerial authority, thereby granting managers the flexibility to engineer performance-oriented change. Studies have revealed, however, that managerial authority does not...... that managerial authority over human resources positively moderates the effect of performance management, whereas decentralizing goal setting works in the opposite direction. These findings may help account for the differing effects of performance management found in previous studies and suggest that...... follow automatically when performance management is adopted. This article examines whether increased managerial authority does indeed promote the effectiveness of performance management. The article relies on a 4-year panel on management and the performance of more than 45,000 students in 314 Danish...

  19. Accounting and reporting in small businesses: managerial aspect

    Gogol Tatyana A.


    The article states that development of small businesses envisages formation and use of a wide spectrum of economic information for providing managerial structure with timely and quality information, which requires creation of a system of managerial accounting and reporting, which should not contradict to the principle of expenses – benefits relation, when expenses on introduction of such a system would exceed the effect obtained from its functioning. It adds that the main requirements of buil...


    Svetlozar Stefanov; Julian Vasilev; Milcho Bliznakov


    The purpose of this study is to describe some of the problems in making consolidated financial reports. Several perspectives are analyzed � from accounting point of view, from information point of view and from managerial point of view. The accounting problems of financial consolidation are focused at the correct interpretation of legislation. The information problems concern the use of databases and specialized software for making consolidated reports. The managerial problems ...

  1. Managerial Incentives, Internalization, and Market Valuation of Multinational Firms

    Chandra S Mishra; David H Gobeli


    This paper examines the role of firm technology investment, in concert with managerial incentives alignment, to explain the relative market value compared to the accounting value for a multinational firm. The results are consistent with internalization theory in that greater multinationality corresponds to a higher valuation of the firm if technology investment is high, and the impact is even greater if managerial incentives alignment is high as well. However, greater multinationality alone d...

  2. Role and Importance of Managerial Accounting Into Banking Sector

    Victoria Postolache


    In the last decades, following of the global systemic crisis, commercial banks have problems with the lack of operative and truthful information about the effective functioning of its subdivisions. So, appear the necesity of imposing, for banking system, implementation of managerial accouting inside of accouting evidence for reducing the loss that may arise from lak of internal qualitative information. The aim of our study is to present the factors that confirm the need of managerial accounti...

  3. Balancing Managerial and Academic Values: Mid-Level Academic Management at a Private University in Malaysia

    Thian, Lok Boon; Alam, Gazi Mahabubul; Idris, Abdul Rahman


    Purpose: Representing both "central university administration" and academics, deans are increasingly being confronted with the competing managerial and academic values. Being able to manage the competing values is pivotal to the success of a dean. However, there is dearth of research studying this. Considering the for-profit private…

  4. The Effects of Applicant Attractiveness, Managerial Attributes and Gender on Executive Employment Decisions.

    Best, Bethia J.; Spector, Paul E.

    Although it has been shown that physical attractiveness is an advantage to male applicants for managerial positions, it is not clear whether attractiveness is an advantage or disadvantage to female applicants for these jobs. Male (N=25) and female (N=22) business administration students were asked to simulate selection decisions for a high level…


    Borza Adriana


    Full Text Available Our study aims at identifying correlations between preferences and psycho-social choices of women entrepreneurs, more precisely the effect of these characteristics on a given managerial strategy. Based on the data obtained through the administration of two types of questionnaires, we analyzed the relations between social and psychological set of perceptions and managerial strategy. Social success and managerial performance are related with these perceptions and thus we can identify a significant conversion of mentalities determined by the governmental changes which took place in Eastern Europe after 1990. The data presented here are driven from the research conducted within the project ”Entrepreneurship and equality of chances. A inter-regional model of entrepreneurship training for women in western Romania”.

  6. Awareness of health personnel about lymphatic filariasis and mass drug administration in Karnataka state of South India

    Joseph N; Subba SH; Jain A; Unnikrishnan B; Nagaraj K; Kotian SM


    BackgroundA third of world’s filariasis cases occur in India. As a resultMass Drug Administration (MDA) was commenced in 1997with the aim of eliminating this disease by 2015. Howeverthe coverage of MDA was not satisfactory. The underlyingreasons for the poor coverage need to be identified. Thisstudy was conducted to assess the awareness of healthpersonnel of lymphatic filariasis and the MDA programme.MethodThis cross-sectional study was conducted in Kundapurataluk of Karnataka state in India ...

  7. Economic and managerial analysis of effective managerial strategies on prevention from ketosis in transition period in shahroud commercial dairy farms.

    Kashfi, H; Yazdani, A R; Latifi, M; Shirani Bidabadi, F


    The purpose of this research is to study any effects of managerial strategies on prevention of ketosis metabolic disorder in transition period in Shahroud commercial dairy farms. For this purpose, a questionnaire was prepared in order to obtain required information about the performance of these managerial strategies, performance costs, involvement situation with disorders relying upon clinical signs and treatment and health records, producing and economic situation, and fertility rate and its costs. The considered managerial guidelines include body condition score management or type evaluation in transition period, increase in dry matter intake close to parturition, using propylene glycol, using niacin, and high-quality feeding (the importance of feed quality) in transition period. Finally and upon arrangement of data, it was possible to study any effects of mentioned managerial strategies on related variants through multiple linear regressions. Furthermore, in order to study any relation among variables, we considered Pearson correlation coefficients as well. Finally, it was revealed that any application of managerial strategies for prevention from Ketosis in transition period has a significant effect in betterment of managerial and economic parameters. PMID:23738102

  8. Administrative circular n°11 (REV. 2) – Categories of members of the personnel


    Administrative Circular No. 11 (Rev. 2) entitled “Categories of members of the personnel”, approved by the Director-General following discussion at the Standing Concertation Committee meeting of 11 May 2012 and entering into force on 1 January 2013, is available on the intranet site of the Human Resources Department. This circular is applicable to all members of the personnel. It cancels and replaces Administrative Circular No. 11 (Rev. 1) entitled “Categories of members of the personnel” of January 1997 as regards all contracts of members of the personnel issued on or after 1 January 2013. The circular was revised in order to take into account developments since the last revision of the categories of personnel in 1997 as well as the needs of the Organization and collaborating institutes. In particular, it introduces a new system for distinguishing categories of associated members of the personnel, namely with regard to the purpo...

  9. Managerial Coaching

    Bommelje, Rick


    This chapter explores how coaching equips managers and supervisors to be successful in the 21st-century workplace. Coaching has benefited these professionals by providing them with viable tools to enhance the leadership and managerial tools they already possess.

  10. Standing up to Managerialism

    Rowe, Stephen


    "Managerialism" represents a relatively new orientation to college and university administration, one that arises from the coincidence of three distinct features of the contemporary landscape: market rationality, nihilism, and the modern wish for a new beginning. In this article, the author offers simple clarification as to the nature of…

  11. Managerial skills

    Tomšíková, Lucie


    Managerial works is very extensive and place significant demands on managers about their skills, abilities, knowledge, character personality. Since the quality of the manager and his skills are reflected in result of company, managers are one of the key success factors. The theoretical part called „the teoretical basis“ is apply to detailed explanantio of management, human management, the manager and his personality, managerial roles and function. In the „own work“ is characterized th...

  12. Performance assessment of Portuguese wind farms: Ownership and managerial efficiency

    This paper analyzes ownership and unobserved managerial ability as factors affecting the performance of a representative sample of Portuguese wind farms by means of frontier models. These farms are ranked according to their technical efficiency during the period 2004-2008 and homogenous and heterogeneous variables are disentangled in the cost function, which leads us to advise the implementation of common policies as well as policies by segments. Economic implications arising from the study are also considered. - Research highlights: → Wind farms are heterogeneous displaying distinct ownership and managerial characteristics that affect efficiency. → Managerial practices has a positive impact on the efficiency. → Ownership has a positive impact on the efficiency. Large wind farms are more efficient.


    Marian TAICU


    Full Text Available The complexity of the economic life, the economic and financial crisis and the social and environmental problems determine the increase in the role of information provided by managerial accounting in decision-making. The efficient management of any economic unit is based on the existence of a well structured information system, according to managers’ information needs, the main component of such system being accounting. The article aims at clarifying certain aspects concerning the role of managerial accounting in the correct assessment and in managing performance in bakery companies.

  14. Personnel policy and management

    In the field of personnel policy and management two main points must be considered and fitted together: the aspects of the applicant and the aspects of the utility. The applicant wishes a position which suits to his abilities, education, training, experience and self-evaluation. The enterprise has beside these qualification criteria to look to some additional points: reliability - not only in the profession of the applicant but also in his daily life. In this examination licensing authorities are involved too; responsibility in a very broad sense and the ability to make correct decisions sometimes under stress situations. (orig.)

  15. Administrative Circular No. 13 (Rev. 4) - Guarantees for representatives of the personnel

    Department Head Office - HR Department


    Administrative Circular No. 13 (Rev. 4) entitled "Guarantees for representatives of the personnel", approved by the Director-General following discussion in the Standing Concertation Committee meeting on 22 March 2016, will be available on 1st September 2016 via the following link:   This revised circular cancels and replaces Administrative Circular No. 13 (Rev. 3) also entitled "Guarantees for representatives of the personnel" of January 2014. This document contains a single change to reflect the terminology under the new career structure: the term "career path" is replaced by "grade". This circular will enter into force on 1st September 2016.

  16. Personnel training and certification

    In order to make the full benefits of neutron radiography available in the nondestructive test (NDT) field, it has been necessary to formalize its application. A group under the Penetrating Radiation Committee of the American Society for Nondestructive Testing (ASNT) was organized to prepare a recommended practice for neutron radiography. The recommended practices require the establishment of an appropriate certification program. The requirements on the employer to establish and maintain a qualification and certification program are outlined. To conduct a program of nondestructive testing using neutron radiography requires the usual three levels of qualified and certified personnel. The program is administered by a Level III person. Routine exposure, reviews, and reporting of test results are the responsibilities of Level I and Level II personnal. The amount of training and nature of the required practical examination are also specified. The recommended practices document assures users that NDT work in the field of neutron radiography is performed by qualified personnel. Although no training courses are available to provide experience in the depth required by the recommended practices document, SNT-TC-1A, short courses are provided at a number of locations to familarize user's representatives with the interpretation of neutron radiographs and capabilities and limitations of the technique

  17. Managerial Accounting in Library and Information Science Education.

    Hayes, Robert M.


    Explores meaning of managerial accounting in libraries and discusses instructional program for students of library and information science based on experience in School of Library and Information Science at University of California, Los Angeles. Management decision making (budgeting, performance evaluation, overhead, resource allocation,…

  18. Improving Corporate Governance and Managerial Skills in Banking Organizations

    Francesco Capriglione


    Full Text Available At the present, the focus on management and corporate governance of banks will play an ever more crucial role given the prevailing importance of banking institutions as a source of finance for the corporate sector. Improved board structures, administrative procedures and disclosure requirements could result in better-governed banks, which are more likely to allocate investments proficiently. Therefore, a strong corporate governance can be an important pillar for banking organizations assets, because effective boards of directors complement the regulatory oversight. Efforts to promote good corporate governance in financial institutions face a number of challenges. One is getting the most innovative and experienced people to serve on bank’s boards and management, given the complexity of the business environment and new financial products. This requires also finding competent leaders who also understand new business opportunities and their risks, have a healthy scepticism and take decisions quickly. Regulatory and supervisory frameworks alone cannot guarantee financial stability. Effective corporate governance, change management approaches and innovative managerial skills can act as a first line of defence for banks and financial institutions, against any impending crisis and unethical business practices.

  19. Managerial Innovations and Adaptation to the Business Environment

    GeBaoshan; YaoMeifang; ZhaoBaohua; DavidKelly


    Institutional innovations are more important than technical ones and functional innovations than methodological ones. What kind of managerial system is qualified to adapt itself to today's ever-changing environment for its performance? Following the principle of keeping up with the era's advancing pace,

  20. Administrative Circular No. 13 (Rev. 3) - Guarantees for representatives of the personnel


    Administrative Circular No. 13 (Rev. 3) entitled “Guarantees for representatives of the personnel”, approved by the Director-General following discussion at the Standing Concertation Committee meeting of 5 December 2013 and entering into force on 1 January 2014, is available on the intranet site of the Human Resources Department (see here).   This circular is applicable to all members of the personnel. It cancels and replaces Administrative Circular No. 13 (Rev. 2) entitled “Guarantees for members of the personnel holding representative office” of November 1992. The circular was revised in order to adapt the time given to the representatives of the personnel to perform their elective mandate and to ensure more transparency in their activities, by indicating, inter alia, the percentage of time worked in the framework of their mandate, as well as the training, activities and ensuing results. Department Head Office HR Department

  1. Gender and managerial coaching across cultures: Female managers are coaching more

    Ye, Ran; Wang, Xiao-hua; Wendt, Hein; Wu, Jin-Xi; Euwema, Martin


    Despite the increasing popularity of managerial coaching in organizations worldwide, little is known with regard to how gender and culture may affect managerial behavior. The present study is one of the first large-scale empirical studies on managerial coaching. Survey data were obtained from a sample of more than 130,000 practicing managers working in 51 countries/areas. First, we found that globally, female managers were reported to engage in more managerial coaching behavior than male mana...

  2. The Development of Technology for Higher Education Institution's Administrative Personnel Assessment

    Bakhtina, Olga Yurevna; Kirillov, Andrey Vladimirovich; Matyash, Sergey Askoldovich; Urzha, Olga Aleksandrovna


    The main approaches for development of assessment technology of higher education institution's administrative personnel are considered in this article. Alongside with it the following is defined: purposes, formation principles, indicators and criteria of the assessment system, rating scale, the procedure and order of assessment process of higher…

  3. The innovative approach to the study of decision-making in the context of the specific character of a product of managerial work

    Vysochina, M.


    The article is devoted to the review of the administrative decision from the point of view of а product of managerial work. The nature and content of managerial work is studied. The research of parameters of managerial work is conducted, its features are identified. The specific characteristics of the administrative decision as a product of managerial work are identified.

  4. Qualitative and structural analysis of the managerial competency of future physical education and sport specialists

    Dubrevskiy Y.M.


    Full Text Available Purpose: identifying theoretical and practical communication management competence in vocational training of future specialists of physical education and sport. Material: analysis of 220 literary sources of psycho-pedagogical nature, sports theory, control theory, methods of physical education, which cover the administrative aspect of modern specialist training. Results: the need to form a managerial competency in the process of future specialists in education and sport preparation with regard to its qualitative and structural characteristics was established in the research. Conclusions: there is an evidence that the meaningful impact on the development of managerial competency takes place successfully under conditions of personal socialization in the communicative environment; orientation towards systematic assimilation of knowledge about the phenomenon of management, focus on the effective implementation of activities; development of professional and individual characteristics, which together meet the objectives and content of the pedagogical preparation of students.

  5. The Causal Relationship Between Managerial Pay and Firm Performance: a Confirmatory Study with Structural Equation Model

    YougenLi; XipingZhao; JianfangGeng


    We use structural equation technique to test four hypothesis relationships between the managerial pay and firm performance. Data from 208 Chinese listed companies is used, the evidence supports Hypothesis 3. It opens out that ownership concentration affects firm performance indirectly through managerial pay, and illustrates managerial pay is a valid mechanism in corporate governance to motivate manager to maximize firm's performance.At the same time, we find ownership concentration is negative to managerial pay, while IPO time and registration areas are positive to managerial pay obviously. It suggests that finding a correct solution to management incentive is the key to improve firm performance.

  6. Quantitative analysis of nuclear personnel and problems of personnel training

    Recently it has come to understand there is no sensible alternative to nuclear power if we are to cope with global warming and sustain civilization. To construct new or additional nuclear power plants in the world, a great number of engineers and scientists will be needed. Results of the quantitative analysis of the nuclear personnel trend including the personnel demand based on future domestic and overseas markets were presented with the necessity and problems of nuclear personnel training in Japan. Japanese government has started 'Nuclear Personnel Training Program' since FY2007. (T. Tanaka)

  7. Managerial Analysis Of Mobbing And Fear In The Workplace



    The main aim of this report is to research and analyze mobbing and fear in the workplace from the managerial perspective because such behaviour is often regarded as negative or undesirable and it has various effects on the employees. The study is divided into the theoretical and the empirical part. The theoretical part describes mobbing in general and explains this phenomenon from the viewpoint of its historical development and as connected to fear. The empirical part includes t...

  8. An actor manages: Actor training and managerial ideology

    Chow, BDV


    This article reads the development of psychologically based actor training against larger changes in the organisation of work in North America and Europe in the twentieth century. Konstantin Stanislavky's System and later adaptations including the American Method are wrapped into a larger ideology of individual self-management and discipline – mental, physical, and emotional – that accompanies the emergent managerial class of the post-war era. An actor is an ideal manager, and therefore prefi...

  9. Managerial and Leadership Perceptions of CEOs in Leading Turkish Companies

    Ali Akdemir; Murat Kasimoglu; Asli Ekmekci


    The aim of this study was to examine the factors affecting the management and leadership style and managerial perceptions of managers in leading Turkish companies. The empirical research was conducted with the participation of top-level managers in the top 500 companies of Turkey and the data was statistically analyzed using the Poisson Regression Model. As a result of the analysis of the data, it was found that the number of employees working in the organization and the leadership and manage...


    PLUMB Ion; ZAMFIR Andreea


    The topic of the knowledge-based society and its implications on management is highly debated nowadays. Therefore, the aim of this study is to identify the logical connections between the knowledge-based society and the managerial revolution. The findings of this study reveal that the knowledge- based society and, more specifically, the knowledge-based economy, along with their main features and requirements regarding people’s competences and skills, have a major influence on management, whet...

  11. Managerial work behavior and hierarchical level: implications for the managerial training of first-line supervisors.

    Rodela, E S


    Mintzberg proposed that managers at all levels enact ten roles. There is, however, a relative importance ascribed to the various roles given the manager's location in the hierarchy. Like Mintzberg's ideas on the utility of ten roles, we found that managers at all levels, to varying degrees, need the three skills proposed by Katz. We have argued that a variety of roles and skills describe what managers do. At the same time, the predominance of one role or skill over another may be influenced by the location of the manager in the hierarchy. The question is not whether roles would be enacted at different levels or whether skills will be required, but whether one role or skill or a set of roles and skills will be predominant for the first-line supervisor. The first-line supervisor's work requires that he or she be predominantly proficient in the areas of human and technical skills in order to fulfill supervisory responsibilities. Current empirical research supports this assertion; however, the continuing study of managerial roles and skills and other variables such as functional specialty will offer other opportunities for the study of first-line supervisors. For example, will the predominance of the roles and skills that we have discussed vary if the supervisor is a line or staff manager or if the supervisor works in a production or service related organization? Organizations adapt to change to meet the expectations of those within and outside the organization with something at stake. Organizations need managers to facilitate the realization of organizational goals, so organizations need to continuously train managers, targeting appropriate roles and skills given each manager's location in the hierarchy. The preceding pages should provide resource materials to individuals and organizations interested in evaluating and designing the training and development of first-line supervisors. This roles-and-skills information can be productively utilized to assist the

  12. Business Intelligence: Managerial Relevance, Software Solutions and Development Trends

    Gogu, Andra


    Andra, Gogu. 2012. Business Intelligence: Managerial Relevance, Software Solutions and Development Trends. Bachelor’s Thesis. Kemi-Tornio University of Applied Sciences. Business and Culture. Pages 72. Information Technology represents a wide dimension with many types of data from which the information can be obtained. Without a complex system that is able to analyze the different types of data and return the obtained result to the user, the information will no longer have value. The conce...

  13. Expatriate Adjustment and Managerial Performance : Hotel Management in Malaysia

    Chew, Yee Aun


    With the phenomenal growth of hotel development activities in the Asia Pacific region, it is anticipated an increasing need for experienced expatriate managers. When working in a foreign environment, expatriate is faced with challenges from both work related and personal issues. Premature returns and ineffective expatriate performance are crucial issues facing international businesses. This study explored the relationship of expatriate adjustment, managerial performance and human resource man...


    CARDOS Ildiko Reka; Stefan PETE


    In the last years many organizations realized that market orientation is essential to their success. Satisfying the needs of customers, offering them products and services which meet their desires and demands, customer loyalty can increase profitability for long term. After analyzing the existing journal literature in this field we would like to emphasize that managerial accounting, cost calculation methods and techniques, the analysis of costs provides relevant information when analyzing the...


    Marian TAICU; Iacob, Constanta


    The complexity of the economic life, the economic and financial crisis and the social and environmental problems determine the increase in the role of information provided by managerial accounting in decision-making. The efficient management of any economic unit is based on the existence of a well structured information system, according to managers’ information needs, the main component of such system being accounting. The article aims at clarifying certain aspects concerning the role of man...

  16. Architecting Brands: Managerial Process and Control for Emerging Enterprises



    The paper discusses the relevance of hierarchy of brands, and the role of brand audit to manage the brand portfolio of a firm emerging in competitive business arena. The discussion in the paper also delineates the steps involved in architecting a brand in a firm from the managerial perspective. The value of corporate brand endorsement across different products and product lines, and at lower levels of the brand hierarchy also needs to be assessed. Use of corporate brand endorsement either as ...

  17. Ownership, Regulation, and Managerial Monitoring in the Electric Utility Industry.

    Geddes, R. Richard


    This article addresses three issues. First, the sensitivity of managerial turnover in investor owned electric utilities to changes in owner and customer wealth is examined Accounting measures of firm performance, allowed returns, and changes in outputs are included. A logit model is estimated to test the hypothesis that managers in regulated utilities are monitored by owners on the basis of regulatory rent-seeking behavior, versus a "regulatory slack" hypothesis. The evidence: presented here ...

  18. Bank Capital Requirements and Managerial Self-Interest

    Arturo Bris; Salvatore Cantale


    We analyze the effect of capital adequacy requirements on bank risk policy when managers and shareholders have different information about the quality of the loan portfolio. In a two-period model in which shareholders implement the optimal contract with managers, we show that the level of managerial effort (and therefore the quality of the loan portfolio) is higher when shareholders cannot observe the manager's action. When information regarding the bank loan portfolio is symmetric, capital r...

  19. Managerial Risk Accounting and Control – A German perspective

    Winter, Peter


    Recent developments have sparked a renewed interest concerning risk related topics in nonfinancial companies. Risk management issues directly touch the domain of management accounting and control. In Germany, topics related to the support of corporate or enterprise risk management are commonly discussed under the label of “Risikocontrolling”, which will be translated as Managerial Risk Accounting and Control. However, the conceptual foundation of a risk oriented management accounting respecti...

  20. Managers’ Perception on Budget Participation, Procedural Justice and Managerial Performance

    Sady Mazzioni; Leandro Politelo; Carlos Eduardo Facin Lavarda


    The purpose of this paper is analyzing the influence of budget participation on the relationship between procedural justice and managerial performance in organizations in Santa Catarina. In order to achieve the objective, a descriptive quantitative research was carried out, based on a questionnaire, with 5 and 7-pont Likert scale, answered by 44 managers. For data treatment, it was used the statistical package Smart PLS to determine, by regression technique, the contribution of each variable ...

  1. Corporate Board Structure, Managerial Self-Dealing, and Common Agency

    Vinicius Carrasco


    This paper compares the effects on corporate performance and managerial self-dealing in a situation in which a (privately informed) CEO reports to a single Board that is responsible for both monitoring management and establishing performance targets to an alternative in which the CEO reports to two different Boards, each of them responsible for a different task. The equilibrium set of the common agency game induced by the dual board structure is fully characterized. Compared to a single board...

  2. Managerial Entrenchment, Banker Distribution, and Corporate Governance: Evidence from Japan

    Takanori Tanaka


    This paper investigates whether managerial entrenchment of controlling shareholders affects the distribution of bankers to the boards of Japanese manufacturing firms. Bankers are not likely to be appointed to firms with large corporate shareholders as controlling shareholders because large corporate shareholders have incentives to entrench managers. Moreover, in the aftermath of executive appointments of banks and large corporate shareholders, restructuring and improved performances of the ap...

  3. Managers’ Perception on Budget Participation, Procedural Justice and Managerial Performance

    Sady Mazzioni


    Full Text Available The purpose of this paper is analyzing the influence of budget participation on the relationship between procedural justice and managerial performance in organizations in Santa Catarina. In order to achieve the objective, a descriptive quantitative research was carried out, based on a questionnaire, with 5 and 7-pont Likert scale, answered by 44 managers. For data treatment, it was used the statistical package Smart PLS to determine, by regression technique, the contribution of each variable (participation and procedural justice on the dependent variable (performance. Descriptive statistics points to a greater awareness regarding the possibility of participation in budgeting process and a less meaningful feeling regarding superiors’ procedural justice, leaving the assessment of managerial performance in an intermediate condition. Initially, it was found that the correlations between independent (procedural justice and intervening (budget participation variables, and between intervening and dependent (managerial performance variables are statistically meaningful. However, the correlation between independent and dependent variables was not statistically meaningful. The results of using structural equation (path analysis indicated that one of the assumptions of the indirect effect was not confirmed, that is, the relationship between independent and dependent variables should diminish after being controlled by the intervening variable. In the present study, the reverse situation was observed, starting from a non-significant correlation and reaching a significant negative correlation, after the effect of the intervening variable.

  4. Managerial Ability and Internal Control Quality: Evidence from China


    Internal control quality of the firms can be determined by the firms¡¯ specific features, auditing quality and corporate governance. This research tries to make sure another factor-managerial ability is positively associated with internal control quality. With the evidences based on the A share in China¡¯s capital markets from 2009 to 2012, this research testifies that this relationship is statistically significant. Disclosing the internal control quality for all listed firms in China are man...

  5. Structural Models and Endogeneity in Corporate Finance: the Link Between Managerial Ownership and Corporate Performance

    Coles, Jeffrey; Lemmon, Michael; Meschke, Felix


    This paper presents a parsimonious, structural model that captures primary economic determinants of the relation between firm value and managerial ownership. Supposing that observed firm size and managerial pay-performance sensitivity (PPS) maximize value, we invert our model to panel data on size and PPS to obtain estimates of the productivity of physical assets and managerial input. Variation of these productivity parameters, optimizing firm size and compensation contract, and the way the p...

  6. Administrative Circular No. 11 (Rev. 3) - Categories of members of the personnel


    Administrative Circular No. 11 (Rev. 3) entitled “Categories of members of the personnel”, approved by the Director-General following discussion at the Standing Concertation Committee meeting of 3 July 2014 and entering into force on 1 September 2014, is available on the intranet site of the Human Resources Department.   This circular is applicable to all members of the personnel. It cancels and replaces Administrative Circular No. 11 (Rev. 2) entitled “Categories of members of the personnel” of January 2013. The circular was revised in order to include a minor adjustment of the determination of required period of break in the payment of subsistence allowance to certain categories of associated members of the personnel (taking account of possible technical means of control). Furthermore, the possibility of traineeships of long duration was restricted to cases in which the traineeship is awarded pursuant to an agreement between CERN and a...

  7. How foreign firms achieve competitive advantage in the Chinese emerging economy: Managerial ties and market orientation

    Zhou, KZ; Li, JJ


    As China experience unprecedented changes in its social, legal, and economic institutions, on what should foreign firms focus more to overcome this challenge, managerial ties or market orientation? This study investigates how managerial ties and market orientation affect competitive advantage and, consequently, firm performance in China. On the basis of a survey of 179 foreign firms in China, we find that both managerial ties and market orientation can lead to firm success-but in different wa...

  8. Generational shifts in managerial values and the coming of a global business culture

    van Hoorn, A.A.J.


    In a globalizing world, cross-national differences in values and business culture and understanding these differences become increasingly central to a range of managerial issues. Studies of cultural (dis)similarities in the values of managers (so-called managerial values) and the development of a unified, global business culture, however, have hardly developed beyond static, bi-country comparisons of managerial values. This paper addresses three recent critiques of the literature on cultural ...

  9. Reducing Moral Hazard in Employment Relationships: Experimental Evidence on Managerial Control and Performance Pay

    C. Kirabo Jackson; Henry S. Schneider


    Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an auto-repair firm provided detailed checklists to mechanics and monitored their use. Revenue was 20 percent higher under the experiment. We compare this effect to that of quasi-experimental increases in...


    CARDOS Ildiko Reka


    Full Text Available In the last years many organizations realized that market orientation is essential to their success. Satisfying the needs of customers, offering them products and services which meet their desires and demands, customer loyalty can increase profitability for long term. After analyzing the existing journal literature in this field we would like to emphasize that managerial accounting, cost calculation methods and techniques, the analysis of costs provides relevant information when analyzing the customer’s profitability. We pay special attention on cost systems. An activity based costing approach takes customer profitability to new levels of accuracy and usefulness, provides the basis for creating, communicating and delivering value to the customers.

  11. Social Work Discretion between Professionalism and Managerialism in Denmark

    Skals, Anette


    Professionalism and managerialism are important and conflicting concepts in the study of professionals working in public service organizations. By focusing on street-level social workers and social work discretion, it is possible to see how welfare-to-work policies are practiced as well as how...... organizational articulations opens or closes for discretion in social work. This paper seeks on an empirical basis to account for how management organizes, supervises and seeks control over social work discretion and, consequently, influences the discretionary powers of social workers in a Danish municipality...

  12. E-Administration as a Way of Increasing the Managerial Capacity in Public Sector

    Matei, Ani; Iancu, Diana Camelia


    This paper deals with a developing concept, that of public sector reform, and explores it within the boundaries of e-administration practices. International competition and internal raising expectations have lead governments across the world to reconfigure their relationships with the surrounding environments. In doing so, they mostly switched to a newer paradigm, based not on affirmation and mechanical theories, but on the concept of a living, biological system. Following this trend, many go...

  13. Insider trading on the UK stock market: information contents and managerial incentives

    Ajlouni, Moh'd Mahmoud


    This study investigates the managerial incentive of insider trading. A research subject that has not been empirically examined in the UK yet. In doing so, this study merges two parallels but related tracks: The information contents of insider trading which is a Finance subject backed by the Efficient Market Hypothesis (EMH) and the managerial incentives of insider trading which is a Management subject backed by the Agency Theory. In fact, the managerial incentives of insider trading only bec...




    New technologies have led to a new information and knowledge based economy. In this context, technology has changed the work environment, where organisations have become increasingly complex and competitive. Namely, the technologically induced a “virtual” environment has resulted in the adoption of new organisational structures and work skills and practices. On the one hand, the workplace increasingly requires employee to work in teams,collaborating across companies, communities, and conti...

  15. Managerial Roles and Functions in Negotiation Process

    Andrzej Kozina


    The paper is focused on negotiation processes performed in a company and presents author’s concept of the description of the roles and functions accomplished by managers within those processes and being of significant importance from the point of view of negotiations’ outcomes. Such a concept aims at providing the analysis and conducting of business negotiations with effective support. Firstly (following introduction), the concept, types, and comprehensive model of such negotiations is presen...

  16. Managerial and Organizational Assumptions in the CMM's

    Rose, Jeremy; Aaen, Ivan; Nielsen, Peter Axel


    Thinking about improving the management of software development in software firms is dominated by one approach: the capability maturity model devised and administered at the Software Engineering Institute at Carnegie Mellon University. Though CMM, and its replacement CMMI are widely known and used...... of management thinking about large production and manufacturing organisations (particularly in America) in the late industrial age. Many of the difficulties reported with CMMI can be attributed basing practice on these assumptions in organisations which have different cultures and management...... traditions, perhaps in different countries operating different economic and social models. Characterizing CMMI in this way opens the door to another question: are there other sets of organisational and management assumptions which would be better suited to other types of organisations operating in other...




    Full Text Available New technologies have led to a new information and knowledge based economy. In this context, technology has changed the work environment, where organisations have become increasingly complex and competitive. Namely, the technologically induced a “virtual” environment has resulted in the adoption of new organisational structures and work skills and practices. On the one hand, the workplace increasingly requires employee to work in teams,collaborating across companies, communities, and continents. These changes and the new organisational structures have also made an impact on role of managers and their management styles, on the other hand. In line with this, there a very rich collection of thinking and empirical research findings on the subject. The goal of our research was to recognize the importance of certain factors in motivating employees in organisations by managers . The other purpose was to investigate the job related motivation factors among senior and junior employees as well as explore issues in the workplace that may affect work demoralization. Furthemore, we explored the relationship between employees motivation and their competences.We also contributed to the topic in our research project-book with the new model of competency. Furthemore, we expect that our methodology will be implemented in practice. However, it should be also a good basis for further improvements in this area.

  18. Managerial incentives, financial constraints and ownership concentration

    Marco Protopapa


    This work investigates the role of equity ownership for the purpose of committing the management to the pursuit of shareholder value in the presence of separation between ownership and control. By rooting the conflicts of interests between managers and shareholders upon the control of internal funds, a simple model allows to analyse the link between profit uncertainty, growth options and decisional powers. Implications are derived for the optimal degree of equity concentration, the effect of ...

  19. Momentum Accounting and Managerial Goals on Impulses

    Yuji Ijiri


    Conventional accounting measures wealth W (assets and liabilities) and accounts for its net change, W(t + 1) - W(t), by means of income \\Delta W(t), classified into various revenue and expense items. Proposed "momentum accounting" measures income momentum W\\dot = dW/dt (time rate at which income is being earned at a given point in time) and accounts for its net change, W\\dot(t + 1) - W\\dot(t), by means of impulses \\Delta W\\dot(t). Here the impulses, a term borrowed from the momentum-impulse p...


    Ana-Maria DINU


    The risk – one of the "key mechanisms" of economic development - is a specialized concept in theory that was not discussed enough, people still not being able to master the techniques for identifying and avoiding it during the course of their activity. Risk is the art of taking decisions in a world governed by uncertainty - a complex process of identifying, analyzing and responding to risks to which the organization is exposed.

  1. Industrial Pricing: Theory and Managerial Practice

    Peter M. Noble; Thomas S. Gruca


    We organize the existing theoretical pricing research into a new two-level framework for industrial goods pricing. The first level consists of four pricing situations: New Product, Competitive, Product Line, and Cost-based. The second level consists of the pricing strategies appropriate for a given situation. For example, within the new product pricing situation, there are three alternative pricing strategies: Skim, Penetration, and Experience Curve pricing. There are a total of ten pricing s...


    Cristiana BOGDÄ‚NOIU


    Modern society, that constantly go through now, requires companies to act in an unstable environment more complex and risky. These features, not encouraging for ‘health’ of economic agents acting on the market, is due to structural changes affecting transactions, accelerating technical progress especially through automation, competition between economic blocs, changing consumer preferences with sufficient speed, reducing the average life cycle for some products. The changing environment i...

  3. Economic and Managerial Approach of Health Insurances

    Marinela BOBOC


    Full Text Available The paper represents an analysis in the domain of the social insurances for health care. It emphasizes the necessity and the opportunity ofcreating in Romania a medical service market based on the competing system. In Romania, the social insurances for health care are at their verybeginning. The development of the domain of the private insurances for health care is prevented even by its legislation, due to the lack of a normativeact that may regulate the management of the private insurances for health care. The establishment of the legislation related to the optional insurancesfor health care might lead to some activity norms for the companies which carry out optional insurances for health care. The change of the legislationis made in order to create normative and financial opportunities for the development of the optional medical insurances. This change, as part of thesocial protection of people, will positively influence the development of the medical insurance system. The extension of the segment of the optionalinsurances into the medical insurance segment increases the health protection budget with the value of the financial sources which do not belong tothe budgetary funds.


    Georgeta Dragomir


    Full Text Available The paper represents an analysis in the domain of the social insurances for health care. It emphasizesthe necessity and the opportunity of creating in Romania a medical service market based on the competingsystem. In Romania, the social insurances for health care are at their very beginning. The development of thedomain of the private insurances for health care is prevented even by its legislation, due to the lack of anormative act that may regulate the management of the private insurances for health care. The establishment ofthe legislation related to the optional insurances for health care might lead to some activity norms for thecompanies which carry out optional insurances for health care. The change of the legislation is made in order tocreate normative and financial opportunities for the development of the optional medical insurances. Thischange, as part of the social protection of people, will positively influence the development of the medicalinsurance system. The extension of the segment of the optional insurances into the medical insurance segmentincreases the health protection budget with the value of the financial sources which do not belong to thebudgetary funds.

  5. Managerial skills

    Korec, Miroslav


    Bachelor thesis "Management Skills" is about the analysis of management skills in the company. For the analysis is chosen company Sušické lesy a služby s.r.o. Main purpose of this bachelor thesis is analyze of managerial skills and the company structure, analyze its operation and propose some possible improvements to its functioning. The theoretical part explains the basic theoretical information. It is the management, management skills, management functions, etc. The practical part is about ...




    Full Text Available Constanta County represents a very strong economic force in Romania, but also in the European continent in general. Thus, Constanta, is facing numerous problems. The negative factors that have influenced Constanta County are mainly internal. Due to its position by the Black Sea, the County is also influenced by all international political events, by the decrease of the cereals in commodities exchanges, by the oil prices or the fluctuation of the exchange rate. However, most risks have emerged because of the managerial strategies implemented by companies or the state policy on the protection of national wealth. Our welfare, at micro and macroeconomic level, depends on administrative policies.

  7. The Brain Drain of the Government's Administrative Personnel and Cause Analysis Based on the Three Dimensions%基于三个维度的政府管理人才流出行为及原因剖析



    Although the brain drain of the government's administrative personnel involves dismissal, retirement, rejection and resignation, this paper focuses on the study of the voluntary brain drain of the government's administrative personnel, particularly the issue of voluntary resignation. The analysis on the concrete causes which contribute to the voluntary brain drain of government's administrative personnel from the perspective of society, government and individuals clarifies why those talents leave governmental offices.%政府管理人才的流出行为有开除、退休、辞退、辞职等方式,本文主要研究政府管理人才的自愿流出问题,重点就是主动辞职问题.从社会、政府、个人三个维度对政府管理人才自愿流出行为具体原因的分析,说明政府管理人才为何要离开政府部门.

  8. Managerial Entrenchment and Corporate Bond Financing: Evidence from Japan

    Takanori Tanaka


    This paper investigates whether managerial entrenchment of controlling shareholders affects corporate bond financing. Using data on Japanese manufacturing firms, we find that firms with controlling shareholders issue less straight corporate bonds than other firms. The results show that managerial entrenchment of controlling shareholders has an influential impact on corporate bond financing.

  9. Personnel Management theories and applications

    Yanni Feng


    @@ 1.Introduction Many new businesses are opened in the whole world every day.Unfortunately,only a minor part of them has success and continues its activity.There is a variety of reasons which determine the hankruptcy of companies.Most of them are included in running a business,and more and more people come to realize the significance of management,especially personnel management,as personnel represents the relationship between people in the company,which is a key point for the development of enterprise.

  10. The Managerial Labor Market and the Governance Role of Shareholder Control Structures in the UK

    Renneboog, L.D.R.; Trojanowski, G.


    We simultaneously analyze two mechanisms of the managerial labor market: CEO turnover and monetary remuneration schemes.Sample selection models and hazard analyses applied to a random sample of 250 firms listed on the London Stock Exchange over a six-year pre-Cadbury period show that managerial remu

  11. Public Information Personnel and Scientists.

    Dunwoody, Sharon L.; Ryan, Michael

    A study examined the attitudes of scientists toward public information personnel and media coverage. Of 456 subjects (half social and behavioral scientists and half biological scientists) chosen randomly from the "American Men and Women of Science" reference books, 287 responded to the seven-page, two-part questionnaire. Part one contained 34…

  12. 50 CFR 35.4 - Appropriations and personnel.


    ... 50 Wildlife and Fisheries 6 2010-10-01 2010-10-01 false Appropriations and personnel. 35.4 Section... Appropriations and personnel. No appropriation shall be made available for the payment of expenses or salaries for the administration of a wilderness unit as a separate entity nor shall any appropriation be...

  13. Epistemic evaluation of the training and managerial competence development process

    Evelio F. Machado


    Full Text Available This article presents the problem of defining the concept of “competence”, due to it being an integral and complex term that has been applied in many domains as well as in a more general sense for everyday life. However, no doubt, a competence can only be tested and valuated in the practice, and it is a person who becomes competent in a context for a certain function. This is why there are many different conceptions in the literature regarding this issue; it’s a consequence of its imprecise, variable character. However, the position profiles (mainly in educational entities and the acceptation/graduation profiles are being more and more frequently established in terms of competences. This paper intends to check what has been valuated and written about the managerial competences training and development regarding the educational field, in order to obtain conclusions regarding its dimension in the school level.

  14. Business development - the function, research propositions, and managerial implications

    Sørensen, Hans Eibe

    executives from high-tech firms and venture capitalists in North America, Asia, and Europe to provide a foundation for future research. Business development is an emerging staff function providing an added level of sophistication to the firms' overall strategic management with interesting performance......  The management literature reflects remarkable little effort to investigate the nature and consequences of firms' business development activities. This exploratory research aims at synthesizing the scholarly knowledge on the subject with field interviews with senior business developers and...... implications. The business development function is typically found in progressive firms especially within high-tech industries, but is argued to become critical for all types of firms across industries wishing to grow and accumulate wealth. Research propositions and managerial implications are discussed....

  15. Guidelines for School Personnel: Certification, Allocations, and Records.

    Texas Education Agency, Austin.

    This booklet presents guidelines designed to aid Texas school administrators in dealing with the three major aspects of public school personnel accounting--certification, allocations, and records. The booklet was prepared by the Texas Education Agency after extensive involvement with school district personnel in order to provide comprehensive,…


    SABOU Felicia


    The paper presents the importance of managerial accounting in small and medium-sized enterprises. In accordance with Romanian Accountancy Law no 82/1991, managerial accounting and cost analyze are compulsory. As a result of some studies it has been ascertained that most companies don`t know how to correctly organize their managerial accounting and their system of costs. Specialized studies have revealed the fact that many trading companies who didn`t organize their managerial accounting, desp...

  17. Cross-listing, managerial compensation and corporate governance

    Yongli Luo


    Full Text Available This study examines the relationship between cross-listing and managerial compensation of Chinese firms that concurrently issued A- and B-shares or A- and H-shares during 2001–2010. The results show that executive compensation is a positive factor to motivate Chinese A-share firms to cross-list as B- or H-shares; it implies that cross-listings could be employed as a way of asset appropriation at the managers’ discretion. The results also confirm that corporate governance is important in determining cross-listings. Under the weak corporate governance institution, Chinese firms were chosen to cross-list based on political considerations rather than on economic merits, serving as a vehicle to signal the quality of state owned enterprises. The results are drawn on agency theory, signalling hypothesis and bonding hypothesis.

  18. Profissionalismo, gerencialismo e performatividade Professionalism, managerialism and performativity

    Stephen J. Ball


    Full Text Available O texto analisa a cultura de gestão e do desempenho como duas das principais tecnologias da reforma educacional que envolve a utilização calculada de técnicas e artefatos para organizar forças humanas e capacidades em redes de poder, as quais terminam por sonegar o espaço à constituição da identidade profissional dos professores como prática ético-cultural.This paper analyzes managerialism and the culture of achievement as two of the main technologies in the educational reform that involve the planned use of techniques and artefacts to organize human forces and capacities into networks of power, which end up denying room for the constitution of teachers' identity as an ethic and cultural practice.

  19. The relationship between managerial leadership behaviors and staff nurse retention.

    Kleinman, Carol


    The purposes of this study were to describe perceptions of managerial leadership behaviors associated with staff nurse turnover and to compare nurse manager leadership behaviors as perceived by managers and their staff nurses. Effective leadership styles among nurse managers have been associated with staff nurse job satisfaction and retention. Although both transformational and transactional leadership styles have been described as effective, it is unclear which nurse manager leadership behaviors contribute most to staff nurse retention. This descriptive, correlational study was conducted at a 465-bed community hospital in the northeastern United States. All staff nurses and nurse managers employed in both ambulatory and acute care nursing units were invited to participate in the study. The study sample comprised 79 staff nurses and 10 nurse managers, who completed demographic forms and the 45-item Multifactor Leadership Questionnaire, which measures 12 dimensions of leadership style. Data were collected from July through September 2003. Active management by exception as perceived by staff nurses was the only managerial leadership style associated with staff nurse turnover (r = .26, p = .03). Compared with the perceptions among their staff nurses, nurse managers consistently perceived that they demonstrated a higher mean frequency of transformational leadership behaviors. The transactional leadership style of active management by exception not only appeared to be a deterrent to staff nurse retention but also reflected leadership perceptions among staff nurses who work evening and night shifts. This study also provides further evidence regarding a trend in which nurse managers and staff nurses do not concur on the frequency of transformational leadership behaviors but do demonstrate agreement on the frequency of transactional leadership behaviors. PMID:15898399

  20. Results of personnel dosimetry and their interpretation

    The results of the official personnel dose supervision by the authority for evaluation of radiation dosimetry of GSF show radiation protection for personnel in nuclear medicine to be important. The total amount of annual personnel doses (collective dose) is accounted for by medicine only in a portion of 1/4. Excepting the application of radium 226, orthopaedists, radiologists and specialists in internal diseases practising nuclear medicine sustain higher personnel doses than personnel in other fields of nuclear medicine. (DG)

  1. Managerial ability and earnings quality: Evidence from Tehran Stock Exchange

    Hamid Salehi


    Full Text Available Auditor independence is associated with the independence of the internal/external auditor from various parties who may have some financial interest in the business being audited. Many countries have set up different rules forcing firms to change their auditors every few years. This helps business retain healthy business. This paper presents an empirical investigation to study the effect of change in auditing system on 90 selected firms from Tehran Stock Exchange over the period 2007-2011. Using a regression model developed earlier by Demerjian et al. (2012a [Demerjian, P. R., Lev, B., Lewis, M. F., & McVay, S. E. (2012a. Managerial ability and earnings quality. The Accounting Review, 88(2, 463-498.], the study determines a positive impact of change in auditor system on business development.

  2. Statistical and Managerial Techniques for Six Sigma Methodology Theory and Application

    Barone, Stefano


    Statistical and Managerial Techniques for Six Sigma Methodology examines the methodology through illustrating the most widespread tool and techniques involved in Six Sigma application. Both managerial and statistical aspects of Six Sigma will be analyzed, allowing the reader to apply these tools in the field. This book offers an insight on variation and risk management, and focuses on the structure and organizational aspects of the Six Sigma projects. It covers six sigma methodology, basic managerial techniques, basic statistical techniques, methods for variation and risk management and advanc

  3. Managerial Cultural Intelligence and Small Business in Canada

    De la Garza Carranza, María Teresa; Carolyn P. Egri


    This study of 122 executives in Canadian small businesses examined the extent to which managerial cultural intelligence was a contributing factor to the organizational effectiveness of small businesses. We found that the cultural intelligence of small business managers engaged in international business was higher than that of small business managers in domestic-only firms. After controlling for firm entrepreneurial orientation, we found that managerial cultural intelligence was positively rel...

  4. Administration du personnel ou gestion des ressources humaines au sein de la fonction publique ?

    Thibaut Duvillier


    Bien souvent, dans le langage courant comme au sein de nombreux ouvrages scientifiques, on tend à confondre "l'administration du personnel" et "la gestion des ressources humaines". Au regard des politiques de mobilité et d'évaluation des performances au sein de l'administration publique, nous souhaiterions toutefois mettre en lumière une différence essentielle entre un mode de gestion du personnel qui, basé sur un important corpus juridique, répond aux strictes contraintes rég...

  5. Social work in movement: marketisation, differentiation and managerial performativity in Sweden and England

    CHANDLER, John; Bell, Linda; Berg, Elisabeth; Barry, Jim


    This article considers the changing nature of social work in England and Sweden in the context of neoliberal reforms, and the consequences of the ongoing shifts to marketisation and differentiation, managerialism and performativity. Drawing on secondary sources and some interview data from English and Swedish social workers, the article argues that social workers in England and Sweden face similar shifts as marketisation, differentiation, managerialism and its related performativity reshape t...

  6. Managerial coaching model and the impact of its activities on employee satisfaction and company performance:

    Petra Cajnko; Sonja Treven; Polona Tominc


    The article tries to answer the research question: What is the potential additive effect on employee satisfaction and overall company performance when using managerial coaching model and its activities? The purpose of the article has been to form a model of managerial coaching and of the influence of its activities on employee satisfaction and overall company performance based on theory review and field study results. We have confirmed the two main hypotheses and all the secondary hypotheses ...

  7. Directory of Personnel in Research, Technology, Education, Administration and Management. Development Activities in the Marine Environment of the Coastal Plains Region.

    Mecca, Christyna E.

    Listed in this directory are individuals concerned currently with marine activities on the coasts of North Carolina, South Carolina, and Georgia, and the adjacent offshore area, known administratively as the Coastal Plains Region. The categories for the listings include educational institutions, state and county agencies, and federal agencies. The…

  8. Student Personnel Administrators as Influencers of Institutional Environment.

    Jones, J. B.

    This paper was based upon the thesis that there are environments which will effect positive relationships between people and will regulate their modes of thought and subsequent actions. It was further postulated that there is an ordering of values by rural residents and a corresponding urban ordering of values. In view of the foregoing, it was…




    Even if we assist to a decrease of the activity volume regarding the recruitment, its importance and the staff selection, stage specific to the MRU, coming immediately after the recruitment, will increase, so much the more as, the obtaining of organizational performance in crisis times requires human resources which are capable to integrate themselves in the strategic activity meant to put an end to the crisis. We are experiencing a period in which, sometimes, the experience is preferred rath...

  10. R&D tax incentives for innovation and managerial decisions

    Monika Walicka


    Full Text Available In many countries tax incentives are a popular means of realizing political, economic and social objectives. The main motive of their application is often to achieve and accelerate the selected activities in the public interest and also stimulate development of industry, and induce growth in research and investment. The key element that helps a company achieve a competitive advantage is innovation. Global competition forces the production of unique products and services. Tax incentives in science, research and development are important in stimulating innovation. The purpose of this article is to show the level of managerial awareness about R&D tax incentives, the level of R&D tax incentive usage by companies in Poland, and main obstacles that managers meet with R&D tax incentives in practice. We explore R&D tax incentives as a government instrument on R&D management and aim to find the reasons why Polish companies do not take advantage of them. We examine 275 companies using a semi-structured questi onnaire. Our findings suggest that many firms report lack of knowledge about such incentives, and firms find many obstacles to reach all of the requirements which are necessary to use the incentive. Due to our analysis we find that large firms, especially those that implement innovation, are more likely to use the tax incentives, but small and medium sized companies find more obstacle. The effect of this tax policy is significant mainly in large, high-tech sector firms.

  11. Managerial conflict management in five European countries : The importance of power distance, uncertainty avoidance, and masculinity

    Van Oudenhoven, J.P.; Mechelse, L.; De Dreu, C.K.W.


    This research deals with managerial conflict management in Denmark, United Kingdom, The Netherlands, Spain, and Belgium. According to Hofstede (1991). these countries' cultures differ primarily in terms of uncertainty avoidance, power distance, and masculinity-femininity. The differences in uncertai

  12. Managerial modes of influence and counterproductivity in organizations: a longitudinal business-unit-level investigation.

    Detert, James R; Treviño, Linda K; Burris, Ethan R; Andiappan, Meena


    The authors studied the effect of 3 modes of managerial influence (managerial oversight, ethical leadership, and abusive supervision) on counterproductivity, which was conceptualized as a unit-level outcome that reflects the existence of a variety of intentional and unintentional harmful employee behaviors in the unit. Counterproductivity was represented by an objective measure of food loss in a longitudinal study of 265 restaurants. After prior food loss and alternative explanations (e.g., turnover, training, neighborhood income) were controlled for, results indicated that managerial oversight and abusive supervision significantly influenced counterproductivity in the following periods, whereas ethical leadership did not. Counterproductivity was also found to be negatively related to both restaurant profitability and customer satisfaction in the same period and to mediate indirect relationships between managerial influences and distal unit outcomes. PMID:17638460

  13. The managerial labor market and the governance role of shareholder control structures in the UK

    Renneboog, L.D.R.; Trojanowski, G.


    We simultaneously analyze two mechanisms of the managerial labor market: CEO turnover and monetary remuneration schemes.Sample selection models and hazard analyses applied to a random sample of 250 firms listed on the London Stock Exchange over a six-year pre-Cadbury period show that managerial remuneration and the termination of labor contracts play an important role in mitigating agency problems between managers and shareholders.We find that both the CEO's industry-adjusted monetary compens...

  14. Managerial competencies of head and department nurses in facultative hospital Brno Bohunice

    Tomáš Kotrba


    Head and department nurses were the target groups of this research in the Faculty Hospital, Brno. This paper deals with their managerial competencies. 846 respondents participated in a questionnaire research covering 724 nurses, 99 department nurses and 23 head nurses. This research shows that informal relationships predominate in the Hospital and it is based on the democratic managerial style of department and head nurses. Nurses in management positions are quite satisfied with their manager...

  15. Differences in Managerial Values: A Study of U.S., Hong Kong and PRC Managers

    David A Ralston; Gustafson, David J.; Cheung, Fanny M.; Robert H Terpstra


    In this study of convergence/divergence of managerial values, four Western-developed measures (Machiavellianism, locus of control, intolerance of ambiguity and dogmatism) and the four dimensions of the Eastern-developed Chinese Value Survey (Confucian dynamism, human-heartedness, integration, and moral discipline) were the measures used. The findings indicate that often times both culture and the business environment interact to create a unique set of managerial values in a country.© 1993 JIB...

  16. Managerial Actions, Stock Returns, and Earnings: The Case of Business-to-Business Internet Firms

    Venkatachalam, Mohan; Rajgopal, Shivaram; Kotha, Suresh


    In this study we investigate the role played by managerial actions in explaining stock market returns and accounting earnings of 57 Internet firms engaged in Business-to-Business (B2B) e-commerce. We classify 3,166 managerial actions undertaken by our sample firms between the firm's IPO date and September 30, 2000 into ten key action categories: (1) acquisition of major customers, (2) introduction of new products and services, (3) promotional and marketing actions, (4) expansion into internat...

  17. Operating personnel safety during the administration of Hyperthermic Intraperitoneal Chemotherapy (HIPEC).

    Kyriazanos, Ioannis; Kalles, Vasileios; Stefanopoulos, Anastasios; Spiliotis, John; Mohamed, Faheez


    Cytoreductive surgery (CRS) and Hyperthermic Intraperitoneal Chemotherapy (HIPEC) is increasingly used in the treatment of peritoneal malignancies. The administration of HIPEC after complete cytoreduction offers the combination of the pharmacokinetic advantages inherent to the intraperitoneal delivery of cytotoxic chemotherapy, with the direct cytotoxic effects of hyperthermia, and has been reported to offer significantly improved patient outcomes. As a result, this novel method disseminates rapidly, with many surgical teams having developed peritoneal malignancy treatment programs. Protocols are needed for the introduction, handling, and management of chemotherapeutic agents in the operating room to minimize risk to the staff involved in the procedure. The personnel exposure during CRS and HIPEC may arise from different routes, such as air contamination, direct contact, manipulation of perfusates or chemotherapy solutions, and manipulation of objects/tissues exposed to chemotherapeutics. Guidelines for safe administration of HIPEC including environmental contamination risk management, personal protective equipment, and occupational health issues are yet to be established. This review summarizes the existing evidence regarding the safety considerations of HIPEC administration. PMID:27566037

  18. Small Firms in a Small Country: Managerial Factors, Internationalization and Performance of Slovenian SMEs

    Mariola Ciszewska-Mlinarič


    Full Text Available International activities of small and medium enterprises (SMEs constitutean important research area. To understand this phenomenon,researchers employ different theoretical perspectives. Among them, theresource-based theory has been given much attention. In this studythree managerial factors: managerial attitude toward internationalization,internationalization knowledge and international experience, areseen as examples of the firm’s intangible assets. The objectives of thisstudy are twofold. First, it aims to examine the significance of thementioned managerial resources for smes’ internationalization. Second,it verifies the relationship between the level of the firm’s internationalizationand performance. The study is based on a sample ofhighly-internationalized Slovenian companies. According to the findings,managerial attitudes towards internationalization and internationalizationknowledge are significantly related to the level of SMEinternationalization. The statistical analysis also provides support forthe relationship between the level of the firm’s internationalization andperformance.

  19. Social Connections and Incentives in the Workplace: Evidence from Personnel Data

    Bandiera, Oriana; Barankay, Iwan; Rasul, Imran


    We present evidence on the effect of social connections between workers and managers on productivity in the workplace. To evaluate whether the existence of social connections is beneficial to the firm's overall performance, we explore how the effects of social connections vary with the strength of managerial incentives and worker's ability. To do so, we combine panel data on individual worker's productivity from personnel records with a natural field experiment in which we engineered an exoge...


    Olimpia Neagu; Vasile Lazar; Simona Macarie


    The paper explores the managerial competencies of human resources in the companies from the counties of Satu Mare and Bihor. A model of these competencies is provided also, according to the identified relationships between various managerial competencies. Data were collected by applying a questionnaire to 114 companies located in the counties of Satu Mare and Bihor, within the project HURO/0901/264/2.2.2 implemented in partnership by "Vasile Goldis" Western University and University of Debrec...

  1. Psychometric Testing for Assessing Farmer's Managerial Ability (and Modelling the Origins of Ability)

    Nuthall, Peter L.


    The key resource in efficient production is the management input used to coordinate the land, labour and capital. Yet, our understanding of this resource is still somewhat limited, especially the factors involved in improving the managerial ability of farmers. This paper summarises three tests developed to help assess managers, and uses the data collected through random surveys of all types of farmers to explain the origins of managerial ability. Survey data on the competencies farmers' belie...

  2. The energy administration, an effective alternative to improve the managerial competitiveness

    This region's actual development is in need of immediate actions to reduce costs, protect the environment and increase company competitiveness versus a growing global economy. Energetic efficiency represents on of the principal opportunities to meets these goals. Numerous studies in companies in Cuba, Mexico, Colombia and Ecuador have shown poor energetic management and cleared that there are many costs reduction possibilities if they create technical capacities within the industry. The center of energy and environmental studies in the university of Cien Fuegos, created the total management of efficient energy, its main objective is to create in technical and organizational capacities in the corporations. Known as TGTEE, Total Management of Efficient Energy, has widened its popularity among the region and has achieved significant economic and social results, and leads to the construction of an energetic and environmental culture


    Salem Lotfi Boumediene


    This article models the detection and prediction of managerial fraud in the financial statements of Tunisian banks. The methodology used consist of examining a battery of financial ratios used by the Federal Deposit Insurance Corporation (FDIC) as indicators of the financial situation of a bank. We test the predictive power of these ratios using logistic regression. The results show that we can detect managerial fraud in the financial statements of Tunisian banks using performance ratios thre...

  4. Managerial ownership and corporate performance in Slovenian post-privatisation period

    Marko Simoneti


    Full Text Available The Slovenian post-privatisation period has been characterised by a decline in the ownership by non-managerial owners (employees and state-controlled funds. On the other hand, domestic and foreign non-financial firms, Privatisation Investment Funds and managers have been increasing their holdings. The latter, namely the growing managerial ownership, is likely to feature in future ownership dynamics in Slovenia. In fact, in 2002 the desired (optimal ownership stakes estimated by Slovenian managers were 10.8 percentage points higher than their actual stakes. The aim of our paper is to describe the main trends in the ownership of Slovenian corporations in the post-privatisation period and to provide an answer to the basic economic question: what is the influence of the ongoing consolidation of managerial ownership on the performance of Slovenian firms. The empirical analysis testing this relationship is based on a panel of 182 Slovenian firms in the 1995-99 period and does not provide relevant evidence of any positive effects of the increasing managerial control on Slovenian firms’ performance. If any, a positive incentive effect is only observed in those firms whose managers’ holdings exceed 10-percent, only with regards to firms’ financial performance (but not total factor productivity and only in firms that are not listed on the capital market. Further, the negative effect of the current gap between the desired and actual managerial ownership seems to exceed any positive incentive effect arising out of managerial ownership

  5. Estimating the Gender Pay Gap in the Managerial and non Managerial Italian Labor Market

    Marco Biagetti; Sergio Scicchitano


    In this article we apply a two stage approach in order to investigate the existence of a stronger gender discrimination when the job position is higher, splitting the Italian labor market into managers and non managers. Once the threefold selection biases for the two genders are accounted for through a multinomial logit model, amongst non managers both the wage gap and the discriminatory component rise, while amongst managers those two components decrease considerably and become not significa...

  6. Tournaments and Managerial Incentives in China's Listed Firms: New Evidence

    Kato, Takao; Long, Cheryl


    The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The paper begins with modifying the previously-derived empirical predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant role in pub...

  7. Managerial discretion and optimal financing policies with cash flow uncertainty

    Alessandro Fiaschi


    Building on the work of Stulz (1990), this paper analyzes the impact of managerial discretion on optimal leverage within an agency cost model of corporate financing. Under the assumption that stockholders do not know with certainty the mean of the cash flow distribution, we argue that leverage fails to control for the amount of cash the manager can misappropriate in personal projects. We develop a model of a firm’s value maximization problem that predicts that as expected earnings uncertainty...

  8. Training in Managerial Economics

    Rogers, Hartley, Jr.


    Basic mathematical concepts of Managerial Economics, a way of quantitatively analyzing and structuring the making of a business decision, are presented. Advantages and disadvantages of its use in business are discussed and several recent applications are given. (DT)

  9. Do managers that coach become better leaders? An exploration into the relationship between managerial coaching and leader development

    Gomez, Esteban; Gunn, Ryan


    Purpose: Within managerial coaching research, no-one has specifically explored the relationship between managerial coaching and leader development for the manger. Does the manager derive beneficial outcomes from coaching others? Do these outcomes help develop the manager to be a better leader? The Authors ask What is the relationship between managerial coaching and leader development from the perspective of the coaching manager? In answering, two objectives are addressed. First, establish if ...

  10. The Managerial Transition.

    Kneeland, Steven J.


    Having identified the problem of managerial transition in a previous article (CE 510 277), the author outlines a strategy for change which includes performance appraisal, definition of the management structure, and counselling for the individual in transition. (SK)

  11. Personnel Economics: Past Lessons and Future Directions

    Edward P. Lazear


    In 1987, the Journal of Labor Economics published an issue on the economics of personnel. Since then, personnel economics, defined as the application of labor economics principles to business issues, has become a major part of labor economics, now accounting for a substantial proportion of papers in this and other journals. Much of the work in personnel economics has been theoretical, in large part because the data needed to test these theories has not been available. In recent years, a numbe...

  12. Managerial Decision Making

    Langhammerová, Andrea


    In this thesis the attention is not concentrated only on the manager, his knowledge and skills, functions etc., but mainly on one of the basic management activities, which is the decision making. Decision-making includes additional terms related to this very important managerial function. The first part of this thesis is the literature review. The aim is the explanation of the theoretical knowledge and explanation of basic terminology in the area of managerial decision-making. It shows a numb...

  13. Managerial incentive and the firms’ propensity to invest in product and process innovation

    Cellini, Roberto; Lambertini, Luca; Sterlacchini, Alessandro


    We study the product and process innovation choice of firms in which a managerial incentive à la Vickers (1985) is present. Taking a two-stage dynamic game approach, we show that managerial firms are led to over-invest in process innovation, as compared to standard profit-maximising firms, while they under-invest in product innovation. The reason is that process innovation allows to decrease cost, and this is consistent with a convenient increase in the production level. On the opposite, prod...

  14. Support Personnel in Schools: Characteristics and Importance

    Conley, Sharon; Gould, Jewell; Levine, Harriet


    Purpose: Despite the critical role of support personnel in education, the literature about their supervision has been less than informative. In an effort to provide additional guidance to school leaders seeking to improve the supervision of such personnel, the purpose of this paper is to examine and compare three distinct groups of support…

  15. Service quality in the electricity industry: The role of privatization and managerial behavior

    This paper analyzes the relationship between privatization and service quality in the electricity industry, and tests the hypothesis that managerial behavior is a significant intervening factor. The sample includes 31 Italian distributors over the period 1998-2004; their quality performance is represented by continuity of supply, an aspect of quality that is both contractible and regulated. Results of the empirical analysis suggest that the transfer of shareholdings to private investors does not lead to quality degradation. The results also suggest that managerial dominance translates into a reduction in supply quality; this effect is likely to be particularly strong for public-sector utilities

  16. Organizational Socialization and Personnel Career Aspiration in Workplace

    Mohammadali Nadi


    Full Text Available This research administer with the purpose of investigate relationship between organizational socialization (include training, understanding, co-worker support and future perspectives with career aspirations (include technical – functional competence, general managerial competence, organizational stability and dedication to cause, geographical security, entrepreneurial creativity, autonomy/independence, life style and pure challenges among personnel of organization related to petroleum ministry in Esfahan city. Research method was correlation and statistical population were the total of male and females of above mentioned organizations. Research sample were the 501 persons (405 males and 96 females which selected from personnel’s list of each organization with using simple random sampling. Research instruments were: organizational socialization inventory with 20 items (and four subscales and career aspiration questionnaire with 25 items (and eight subscales. Face, content and construct validity of research instruments along with internal consistency studied and verified. Data analyzed with using Pearson’s correlation coefficient and enter regression analysis. Results revealed that some of organizational socialization subscales have predictive power for career aspirations subscales as below: training and future perspectives for entrepreneurial creativity (=0.235 and =-0.204 respectively, future perspectives for pure challenges (=0.223, understanding and future perspectives for organizational stability and dedication to cause (=0.258 and =-0.275 respectively, training for technical – functional competence (=-0.260, training for general managerial competence (=-0.204, training, co-worker support and future perspectives for life style (=-0.229, =0.272 and =-0.205 respectively and training for geographical stability (=-0.2.

  17. Behavioural Indicators of Perceived Managerial and Leadership Effectiveness within Romanian and British Public Sector Hospitals

    Hamlin, Robert G.; Patel, Taran


    Purpose: This paper aims to report the results of a replication study of perceived managerial and leadership effectiveness within a Romanian public sector hospital, and to discuss the extent to which they are similar to and different from findings from equivalent studies carried out in two British NHS Trust hospitals. Design/methodology/approach:…

  18. In Support of Universalistic Models of Managerial and Leadership Effectiveness: Implications for HRD Research and Practice

    Hamlin, Robert G.


    Various researchers have recently challenged "contingent" models of managerial and leadership effectiveness, arguing that logic suggesting the universality of manager and supervisory leader behaviors is compelling, although there is sparse empirical evidence to support this view. A comparative study of the findings from three previous empirical…

  19. Instructional, Transformational, and Managerial Leadership and Student Achievement: High School Principals Make a Difference

    Valentine, Jerry W.; Prater, Mike


    This statewide study examined the relationships between principal managerial, instructional, and transformational leadership and student achievement in public high schools. Differences in student achievement were found when schools were grouped according to principal leadership factors. Principal leadership behaviors promoting instructional and…

  20. Managerial Rhetoric, Accountability, and School Leadership in Contemporary Australia

    Eacott, Scott; Norris, Judith


    On an international scale, public administration is undergoing considerable restructuring as principles of private enterprise are becoming the orthodoxy. At the same time, economic instability (or crisis) is gripping both national and global financial markets, suggesting a flaw in the system or even that capitalism has reached it limits. Crises in…

  1. The Investigation of the Relationship among Analyst Following, Managerial Ownership and Firm Valuation: From the Perspective of Agency Theory

    I. J. Chen


    Full Text Available In this study, the relationship among analyst following, managerial ownership and firm valuation is investigated from the perspective of agency theory by using a nonlinear simultaneous equation model. The data from the Taiwan stock market verify the proposed hypotheses with a nonlinear three-stage least-square procedure. The empirical results show that managerial ownership (serving an internal monitoring function and number of analysts following (serving an external monitoring function are respectively nonlinear and linear increasing functions of firm valuation, while managerial ownership and analyst following are substitutes in the monitoring of the firm. The results generated from this study support an alignment effect and an entrenchment effect in the relationship between managerial ownership and firm valuation after controlling for the effect of analyst following. Evidence also shows that analyst coverage serves to enhance firm valuation after controlling for the effect of managerial ownership. In addition, a substitution effect between number of analysts following and managerial ownership is found to exist as well as a decreasing marginal value for managerial ownership. It is indicated that both security analysts and managerial ownership serve as monitoring forces in the firm and higher level of monitoring forces, whether internal or external, will enhance firm valuation. The results reveal that the security analysts serve the external monitoring function by reducing the agency cost associated with the separation of ownership and control in the Taiwan stock market.

  2. EMBA Program Provides Management Skills to DOD Personnel, and Beyond

    Ehrlich, Michael


    Over the past several years, the Naval Postgraduate School’s Executive Master of Business Administration (EMBA) program has become a popular curriculum for Navy and Department of Defense commands seeking to provide advanced education for mid-management personnel, especially DOD civilians, looking to advance their skills in the unique realm of defense management.

  3. Political versus managerial use of cost and performance accounting

    Flury, Reto; Schedler, Kuno


    This article explains why it is impossible to use cost and performance accounting in public administration purely as an instrument for internal management. The authors report on a survey in Switzerland which highlighted the different expectations that politicians and managers have for cost and performance accounting. The authors warn that politicians and managers need to be aware of the conflicts arising from their different information needs. New cost and performance accounting systems need ...

  4. Cultural Impacts in Managerial Accounting

    Flavius Guinea


    From the theoretical point of view, it has been stated that there is a considerable probability that some cultural aspects could affect the economic environment and, consequently, the managerial accounting. While this statement has a certain suppositional degree, we will try to test the importance of culture within the managerial accounting. Several empirical approaches underline the existence of a powerful impact of the national culture on the managerial accounting systems. Moreover, it is c...

  5. Globalisation, New Managerialism, Academic Capitalism and Entrepreneurialism in Universities: Is the Local Dimension Still Important?

    Deem, Rosemary


    Draws on recent comparative case studies of universities in Europe and North America to examine global and local factors in changing university management practices. Discusses effects of economic globalization, internationalization of ideas and educational practices, the ideology of new managerialism, and entrepreneurial fund raising. Criticizes…

  6. Networking and Managers' Career Success in the Malaysian Public Sector: The Moderating Effect of Managerial Level

    Rasdi, Roziah Mohd; Garavan, Thomas N.; Ismail, Maimunah


    Purpose: The purpose of this paper is to investigate how managerial level moderates the relationships between networking behaviours and career success (objective and subjective) in the context of a public sector organisation in Malaysia. Design/methodology/approach: The study utilised a cross-sectional design and investigated these relationships…

  7. The Effect of Gender on the Importance of Business Ethics and Managerial Decisions: A Student Perspective

    Keith, Nancy K.; Perreault, Heidi R.; Chin, Mary; Keith, Megan


    Objective: The study examined male and female business college students' perceptions regarding the need for a match between personal and corporate ethics, whether success in business depends on ethical behavior, and the types of ethical misconduct that warrant the most severe managerial disciplinary actions. Background: The literature contains…

  8. Administration du personnel ou gestion des ressources humaines au sein de la fonction publique ?

    Thibaut Duvillier


    Full Text Available Bien souvent, dans le langage courant comme au sein de nombreux ouvrages scientifiques, on tend à confondre "l'administration du personnel" et "la gestion des ressources humaines". Au regard des politiques de mobilité et d'évaluation des performances au sein de l'administration publique, nous souhaiterions toutefois mettre en lumière une différence essentielle entre un mode de gestion du personnel qui, basé sur un important corpus juridique, répond aux strictes contraintes réglementaires et légales en la matière et une pratique de gestion des ressources humaines caractérisée par la mise en oeuvre de méthodes plus "relationnelles" qui, nécessitant une forte volonté de changement tant de la part du monde politique que des acteurs de terrain, pourrait, lorsque les statuts le permettent, conduire à une meilleure prise en considération des aspirations des fonctionnaires dans une perspective d'amélioration du service public.

  9. Managerial Action and Sensemaking in E-Learning Implementation in Brazilian Business Schools

    de Freitas, Angilberto Sabino; Bandeira-de-Mello, Rodrigo


    The existing literature on e-learning implementation is either descriptive or normative and falls short on explaining how managers act in introducing and disseminating e-learning projects in school settings. In this paper, we follow a symbolic approach in order to offer a grounded model for explaining how managerial framing of the introduction of…

  10. Technology and Innovation Management Learning in the Knowledge Economy. A Techno-Managerial Approach.

    Liyanage, Shantha; Poon, Patrick S.


    Investigates the epistemological, pedagogical, and organizational factors that have an impact on the design, development, and implementation of technology management learning programs. Argues that effective management learning needs a techno-managerial approach that combines management theories with technology management practice. (Contains 80…

  11. Constrained Optimization Problems in Cost and Managerial Accounting--Spreadsheet Tools

    Amlie, Thomas T.


    A common problem addressed in Managerial and Cost Accounting classes is that of selecting an optimal production mix given scarce resources. That is, if a firm produces a number of different products, and is faced with scarce resources (e.g., limitations on labor, materials, or machine time), what combination of products yields the greatest profit…

  12. Managerial entrenchment, external discipline and accounting manipulations in the credit union industry

    D. Hillier; A. Hodgson; P. Stevenson-Clarke


    This study examines the extended stakeholder corporate governance model in credit unions and the extent to which inherent managerial entrenchment impacts upon their operational decisions. Using Australian credit union data and the introduction of Basle-type capital adequacy regulations as a case stu


    Cristina Boţa-Avram


    Full Text Available The objective of this paper is to provide a comprehensive review of the main studies that have investigated the connections between managerial ownership, board characteristics and firm’s performance. It discusses the methodological approaches used in researching the ownership’s structure – performance relationship, highlighting the main findings and finally proposing directions for furtherresearch.

  14. The Use of Poster Projects as a Motivational and Learning Tool in Managerial Accounting Courses

    Altintas, Nergis Nalan; Suer, Ayca Zeynep; Sari, Emre Selcuk; Ulker, Mirac Sema


    Poster projects are an alternative method of motivation, learning, and information dissemination in education. The main purpose of this initial study was to determine the effect of poster projects on the motivational and learning process of managerial accounting students. In addition, the authors aimed to compare the opinions of managerial…

  15. The impact of selected organizational variables and managerial leadership on radiation therapists' organizational commitment

    Akroyd, Duane [Department of Adult and Community College Education, College of Education, Campus Box 7801, North Carolina State University, Raleigh, NC 27695 (United States)], E-mail:; Legg, Jeff [Department of Radiologic Sciences, Virginia Commonwealth University, Richmond, VA 23284 (United States); Jackowski, Melissa B. [Division of Radiologic Sciences, University of North Carolina School of Medicine 27599 (United States); Adams, Robert D. [Department of Radiation Oncology, University of North Carolina School of Medicine 27599 (United States)


    The purpose of this study was to examine the impact of selected organizational factors and the leadership behavior of supervisors on radiation therapists' commitment to their organizations. The population for this study consists of all full time clinical radiation therapists registered by the American Registry of Radiologic Technologists (ARRT) in the United States. A random sample of 800 radiation therapists was obtained from the ARRT for this study. Questionnaires were mailed to all participants and measured organizational variables; managerial leadership variable and three components of organizational commitment (affective, continuance and normative). It was determined that organizational support, and leadership behavior of supervisors each had a significant and positive affect on normative and affective commitment of radiation therapists and each of the models predicted over 40% of the variance in radiation therapists organizational commitment. This study examined radiation therapists' commitment to their organizations and found that affective (emotional attachment to the organization) and normative (feelings of obligation to the organization) commitments were more important than continuance commitment (awareness of the costs of leaving the organization). This study can help radiation oncology administrators and physicians to understand the values their radiation therapy employees hold that are predictive of their commitment to the organization. A crucial result of the study is the importance of the perceived support of the organization and the leadership skills of managers/supervisors on radiation therapists' commitment to the organization.

  16. The impact of selected organizational variables and managerial leadership on radiation therapists' organizational commitment

    The purpose of this study was to examine the impact of selected organizational factors and the leadership behavior of supervisors on radiation therapists' commitment to their organizations. The population for this study consists of all full time clinical radiation therapists registered by the American Registry of Radiologic Technologists (ARRT) in the United States. A random sample of 800 radiation therapists was obtained from the ARRT for this study. Questionnaires were mailed to all participants and measured organizational variables; managerial leadership variable and three components of organizational commitment (affective, continuance and normative). It was determined that organizational support, and leadership behavior of supervisors each had a significant and positive affect on normative and affective commitment of radiation therapists and each of the models predicted over 40% of the variance in radiation therapists organizational commitment. This study examined radiation therapists' commitment to their organizations and found that affective (emotional attachment to the organization) and normative (feelings of obligation to the organization) commitments were more important than continuance commitment (awareness of the costs of leaving the organization). This study can help radiation oncology administrators and physicians to understand the values their radiation therapy employees hold that are predictive of their commitment to the organization. A crucial result of the study is the importance of the perceived support of the organization and the leadership skills of managers/supervisors on radiation therapists' commitment to the organization.

  17. Managerial Accounting Principles and Cost Calculation Used by Economic Entities in the Coal Mining Industry

    Boca (Rakos) Ileana – Sorina; Vatasoiu Cristian Ionel


    Considering the specialized work in managerial accounting, this paper aims to show which cost calculation principles are actually applied in the coal mining industry today. The methodology used in this scientific approach is of qualitative nature, using the following methods: direct observation and interview.

  18. Outcome-Based Education and Student Learning in Managerial Accounting in Hong Kong

    Lui, Gladie; Shum, Connie


    Although Outcome-based Education has not been successful in public education in several countries, it has been successful in the medical fields in higher education in the U.S. The author implemented OBE in her Managerial Accounting course in H.K. Intended learning outcomes were mapped again Bloom's Cognitive Domain. Teaching and learning…

  19. When salespeople develop negative headquarters stereotypes: performance effects and managerial remedies

    Homburg, Christian; Wieseke, Jan; Lukas, Bryan A.; Mikolon, Sven


    This study examines the performance implications that organizations may suffer when their salespeople develop negative stereotypes of their corporate headquarters. How such stereotypes can be remedied through managerial action is also examined. The study draws on matched data from four different sources: sales managers, salespeople, customers, and company reports. Findings indicate that negative headquarters stereotypes among salespeople are associated with poor marketing-related ...

  20. Status and development trends of personnel dosimetry

    Characteristic for the present state of personnel are a reorientation in personnel monitoring on account of new ordinances, standards and recommendations, and the introduction of solid state dosemeters with automatic evaluation and data processing. A report is given on the development of new dosemeter systems which are used to detect photons, β rays and neutrons within the framework of routine monitoring and long-term measurements in environmental monitoring. It becomes apparent that improvements in personnel monitoring, in particular for the 'high risk' personnel group, can only be achieved by an improved measurement concept, and by an improved interpretation of measurement data on the basis of phantom calibration, automatic evaluation, and data processing. (orig.)

  1. Human resources and personnel management in tourism

    Hurtlová, Kateřina


    Bachelor thesis discusses the importance of employees and employee care in tourism, particularly in the hotel industry. The aim of this thesis is to analyze the issue of personnel management and attitude to human resources in an organization which is typical for the tourism industry. The theoretical part deals with human resources management and the position of personnel activities in a company, specifies the importance of employees in the service sector and focuses on hotel management and it...

  2. Enterprise personnel motivation process and its components

    Бала, Володимир Володимирович; Мацак, Анна Григорівна


    Despite the large number of research papers and efforts of scientists, problems of personnel motivation for efficient work are still have not solved. Lack of knowledge of the problem of motivation process and its components that enhance the workers' interest in the final results, as well as their theoretical and practical importance have determined the choice of topic and relevance of our work. The paper deals with studying the personnel motivation process. The issues of analyzing the theoret...

  3. Development and validation of a managerial decision making self-efficacy questionnaire

    Wim Myburgh


    Full Text Available Orientation: Self-efficacy beliefs, given their task-specific nature, are likely to influence managers’ perceived decision-making competence depending on fluctuations in their nature and strength as non-ability contributors. Research purpose: The present research describes the conceptualisation, design and measurement of managerial decision-making self-efficacy. Motivation for the study: The absence of a domain-specific measure of the decision-making self-efficacy of managers was the motivation for the development of the Managerial Decisionmaking Self-efficacy Questionnaire (MDMSEQ. Research approach, design and method: A cross-sectional study was conducted on a nonprobability convenience sample of managers from various organisations in South Africa. Statistical analysis focused on the construct validity and reliability of items through exploratory and confirmatory factor analysis to test the factorial validity of the measure. Main findings: The research offers confirmatory validation of the factorial structure of the MDMSEQ. The results of two studies involving 455 (Study 1, n = 193; Study 2, n = 292 experienced managers evidenced a multidimensional structure and demonstrated respectable subscale internal consistencies. Findings also demonstrated that the MDMSEQ shared little common variance with confidence and problem-solving self-efficacy beliefs. In addition, several model fit indices suggested a reasonable to good model fit for the measurement model. Practical/managerial implications: The findings have implications for practical applications in employment selection and development with regard to managerial decision-making. Absence of the assessment of self-efficacy beliefs may introduce systematic, non-performance related variance into managerial decision-making outcomes in spite of abilities that managers possess. Contribution/value-add: Research on the volition-undermining effect of self-efficacy beliefs has been remarkably prominent

  4. Creation of Managerial Capabilities Through Managerial Knowledge Integration

    F.A.J. van den Bosch (Frans); R.A.J.L. van Wijk (Raymond)


    textabstractThe purpose of this paper is to develop a conceptual framework of managerial knowledge integration and to illustrate the framework for three levels of management: front-line, middle, and top management. Based on the framework, propositions will be derived relating managerial knowledge in

  5. Trade Union, Managerial and Employee Perceptions of Organisational Participation and Democracy at Work

    Bank, John


    This synoptic paper accompanies refereed articles, chapters in books and books published between 1977 and 2001 by the author on the theme of trade union, managerial, and employee perceptions of organisational participation and democracy at work and is submitted for a PhD by Publication. It shows how these eleven publications represent a "substantial, continuous and coherentb ody of work" on the theme and demonstratesh ow they, both individually and collectively, have made an or...

  6. Caring as a Managerial Strategy

    Kroth, Michael; Keeler, Carolyn


    The purpose of this article is to broaden the discourse about caring as a managerial strategy by describing caring from three perspectives: nursing, education, and management. The authors suggest that current organizational models inadequately address the caring connection between manager and employee. Definitions of managerial caring and care…

  7. Managerial Performance Incentives and Firm Risk during Economic Expansions and Recessions

    Elif Sisli Ciamarra; Tanseli Savaser


    We argue that the relationship between managerial pay-for-performance incentives and risk taking is procyclical. We study the relationship between incentives provided by stock-based compensation and rm risk for U.S. non- nancial corporations over the two business cycles between 1992 and 2009. We show that a given level of pay-for-performance incentives results in signi cantly lower rm risk when the economy is in a downturn. The documented procyclical relationship between incentives and risk t...

  8. Organic and conventional production in Slovakia: Comparison of selected managerial and financial indicators

    Jana Kozáková; Drahoslav Lančarič; Radovan Savov; Marián Tóth


    The paper addresses the issue to compare organic and conventional agriculture from two points of view. Firstly the managerial point of view examing number of employees and the personal costs per hectare, secondly the owners' view examing profitability of organic farming. Both views result from the specifics of organic farming. Organic production should generate higher employment, higher personal cost and results in lower yields. We evaluated differences between organic and conventional farms ...


    Ph.D Student Bosoteanu Maria Cristina


    The request for appropriate financial and accounting information in terms of quality is marked by the agency and governance problems which were delineated and commented while trying to find feasible solutions. The paper analyze not only the convergence phenomenon within the managerial accountability but also the influences of this process over the framework existing in Romania. The studies from the international literature indicate the evolution of a convergence process towards a system of pr...

  10. Internal Communication Within and Between Two IT Departments : From a Managerial and Employee Perspective

    Chabane, Karim; Larsson, Diana


    Introduction (Purpose) - The main purpose for this study is to study internal communication challenges from a managerial and employee perspective in two interrelated IT departments. Furthermore this study aims to give suggestions for how organizations can improve their internal communication within and between departments. Design/methodology/approach - The research setting took place in a Swedish telecom company where data was collected during 10 weeks. An abductive scientific approach was us...