Villamil Velásquez Javier Fernando
Full Text Available Con el siguiente documento, se intenta mostrar que Colombia no es ajena a la dinámica mundial de la economía, ni de la expansión o repliegue corporativo transnacional, pasando respectivamente por los diferentes ciclos impuestos por el liberalismo, el proteccionismo y el neoliberalismo económico. Son unas fases que han determinado la participación del Estado en la apropiación de los recursos nacionales en relación con las empresas internacionales. También se quiere evidenciar la inclinación de la balanza a favor del inversionista extranjero y la liberalización del recurso minero energético durante los últimos, todo, a pesar de la inminente crisis energética nacional que se avecina y de la importancia de estos recursos para la propia economía del país. Para ejemplificar la acción de algunas de las más importantes transnacionales en el país, se indica como varias regiones ya son epicentro de grandes megaproyectos mineros y petroleros, como el caso de Arauca, Casanare, Cesar, Córdoba o la Guajira, mientras que otras zonas se proyectan en un futuro cercano hacia el capital extranjero, como el Sur de Bolívar y el noroccidente antioqueño, lo que determina la dinámica de cada uno de estos territorios, en relación con cada una de las fases de apropiación extractiva.
Villamil Velásquez Javier Fernando
Con el siguiente documento, se intenta mostrar que Colombia no es ajena a la dinámica mundial de la economía, ni de la expansión o repliegue corporativo transnacional, pasando respectivamente por los diferentes ciclos impuestos por el liberalismo, el proteccionismo y el neoliberalismo económico. Son unas fases que han determinado la participación del Estado en la apropiación de los recursos nacionales en relación con las empresas internacionales. También se quiere evidenciar la inclinación de...
Kobayashi,Chiaki; Orihashi,Yuji; Hiarata,Daiji; Naranjo,José A; Kobayashi,Makoto; Anma,Ryo
We conducted a lithological mapping of the Viedma volcano, one of five volcanoes in the Andean Austral Volcanic Zone (AVZ), using remote sensing techniques. We used data of the Advanced Spaceborne Thermal Emission and Reflection radiometer (ASTER) sensor which is highly effective in geological research, to understand build-up processes and to deduce compositional variation of the Viedma volcano emerging from the South Patagonian ice field. The volcanic edifice was divided into bright parts th...
J. A. Torres Pérez
Full Text Available El Sistema de Cuentas Nacionales (SCN vigente, medido a través del Producto Interno Bruto (PIB soslaya todos los activos ambientales, así como su deterioro y depreciación de los recursos naturales por lo que refleja tasas que sobreestiman el crecimiento económico En el presente documento se discute sobre el SCN, sus limitaciones para cuantificar el deterioro del capital natural e impacto ambiental. Se presentan las experiencias desarrolladas en otros países y se promueve la posibilidad de desarrollar un sistema de cuentas nacionales en México que incluya los recursos naturales.
Ruth Leticia Hidalgo Gallardo
Full Text Available Con la nueva visión económica se reconoce al capital intelectual como una herramienta de creación de valor para las empresas que buscan una mayor competitividad en el mercado. En este trabajo se analiza la divulgación que en materia de intangibles llevan a cabo las empresas mexicanas, así como los factores que motivan tal divulgación; para ello, se analizaron los reportes de los anuales de cien empresas que cotizan en la Bolsa Mexicana de Valores. Los resultados reflejaron que para las empresas mexicanas es más importante la divulgación de información del capital estructural, seguido del capital relacional y posteriormente del capital humano; el tamaño de la empresa es el factor clave de la divulgación. De igual forma, se encontró que las empresas de los sectores: industrial, de alimentos y bebidas, y construcción e inmobiliaria son proactivos en el momento de divulgar información sobre intangibles.
J. A. Torres Pérez; M. de J. Santiago Cruz; J. Matus Gardea; J. L. Romo Lozano
El Sistema de Cuentas Nacionales (SCN) vigente, medido a través del Producto Interno Bruto (PIB) soslaya todos los activos ambientales, así como su deterioro y depreciación de los recursos naturales por lo que refleja tasas que sobreestiman el crecimiento económico En el presente documento se discute sobre el SCN, sus limitaciones para cuantificar el deterioro del capital natural e impacto ambiental. Se presentan las experiencias desarrolladas en otros países y se promueve la posibil...
Mariela Eva Rodríguez
Full Text Available Este trabajo retoma dos dispositivos (discursos, prácticas institucionales, normativas, presupuestos morales, etc. implicados en el proceso de invisibilización de los pueblos originarios en la provincia de Santa Cruz: el estelionato y el sistema de orfanatos. En un recorrido que atraviesa diversas generaciones analizaré los efectos de la colonización llevada a cabo por el estado, cuyo resultado ha sido la enajenación de territorios, niños, identidades y memorias. La actualización de eventos traumáticos (en particular las interrupciones violentas de los vínculos familiares, la amenaza de las redes de poder local en la vida cotidiana y el impacto de concepciones hegemónicas sustentadas en modelos de "pureza" (racial-cultural que omiten prácticas de circulación (enclavando a los indígenas en "reservas", extranjerizando a los mapuche y negando alianzas con los tehuelche explican, parcialmente, las razones por las cuales un proyecto de recuperación en la ex Reserva Lago Viedma ha quedado en suspenso.This work focuses on two dispositifs (in a Foucauldean sense: discourses, institutional practices, normatives, moral assumptions, etc. involved on the invisibilization process suffered by indigenous peoples in the province of Santa Cruz: the stellionate (a criminal figure and the orphanage system. Traveling throughout different generations, I will analyze the effects of the colonization carried out by the state resulting in land, children, identities and memories dispossession. The following issues partially explain the reasons why a project of recovery in the ex Lago Viedma Reserve has been put in abeyance: the actualization of traumatic events (particularly violent interruptions of family ties, the threat posed by local power networks in everyday life, and the impact of hegemonic conceptions based on racial and cultural models of "purity" that hide circulation practices and reduce indigenous peoples to "reserves" (or reservations, while
Noelia Carvajal Yañez; Patricia Noe Quiroz; Daniel Illanez; Carlos Erostegui Revilla
Realizamos una evaluación sobre infecciones urinarias. El objetivo fue determinar las características epidemiológicas y sensibilidad antimicrobiana de pacientes mayores de 15 años diagnosticados con infecciones urinarias en el Hospital Viedma entre el período enero 2008 - agosto 2009. Para el estudio tomamos una muestra de 71 pacientes obtenida con el programa STATS®), se reviso historias clínicas y reportes de urocultivos y antibiogramas y la tabulación de los datos se realizó con el program...
Full Text Available La presente investigación se enmarca en el turismo accesible, considerando las barreras que puede presentar la oferta gastronómica a personas con requerimientos especiales de alimentación. Partiendo de este concepto, se toman como objeto de estudio desde la perspectiva del turismo accesible, afecciones como la diabetes mellitus, la celiaquía y la hipertensión arterial, y se integra a los vegetarianos, tomando en cuenta que pueden encontrar barreras en el disfrute de los servicios gastronómicos. Para tal fin, se realizó un trabajo de campo en la ciudad de Viedma, que permitió conocer la oferta gastronómica existente y su situación con respecto a la posibilidad de recibir comensales con requerimientos especiales en su dieta, como los segmentos objetos de estudio.
Compositional variations revealed by ASTER image analysis of the Viedma Volcano, southern Andes Volcanic Zone Variaciones composicionales reveladas mediante análisis de imágenes ASTER del volcán Viedma, Zona Volcánica Andina Austral
Full Text Available We conducted a lithological mapping of the Viedma volcano, one of five volcanoes in the Andean Austral Volcanic Zone (AVZ, using remote sensing techniques. We used data of the Advanced Spaceborne Thermal Emission and Reflection radiometer (ASTER sensor which is highly effective in geological research, to understand build-up processes and to deduce compositional variation of the Viedma volcano emerging from the South Patagonian ice field. The volcanic edifice was divided into bright parts that mainly compose the eastern flank of the volcano and dark parts at the central crater area based on the observation in visible and near infrared ranges. The SiO2 concentration was cal-culated using the bands in the visible and thermal infrared regions. The dark part and the bright part have approximately 51 wt% and 63 wt% average SiO2 content respectively, indicating that the exposures of the Viedma volcano have a wide variation in SiO2 concentration. Although, according to other authors, ejecta from the Viedma volcano have 64-66 wt% SiO2 and other AV Z volcanoes are essentially monolithologic dacite/andesite volcanoes, the edifice of the Viedma volcano appears to be composed mostly of basalts or older rocks/basement with low silica contents.Mediante el uso de técnica de sensoría remota se ha desarrollado un mapeo litológico del volcán Viedma, uno de los cinco volcanes de la Zona Volcánica Andina Austral (ZVA. Para este efecto, se ha utilizado el radiómetro ‘Advanced Spaceborne Thermal Emission and Reflection’ (ASTER que es muy efectivo en investigación geológica, para entender los procesos que han controlado la estructura y deducir las variaciones composi-cionales del volcán Viedma, que sobresale levemente de la superficie del campo de hielo Patagónico Sur. Sobre la base de la observación en el intervalo del espectro visible e infrarrojo cercano, en el edificio se distinguen partes brillantes que corresponden al flanco oriental del volcán y
Full Text Available Buenas noches, inicialmente me voy a permitir una licencia, voy a excederme del tema que se me había confiado, el cual era tomar ejemplos nacionales relacionados con la crisis. ¿Por qué me tomo esta libertad?, por un motivo muy sencillo, si uno solamente mira el panorama nacional, puede no comprender la dimensión del problema a nivel mundial, y puede no comprender si realmente nuestro país está haciendo las cosas bien o no.Veamos, nosotros identificamos cinco tipos de medidas básicas tomadas en relación al Derecho del Trabajo, o a la salvaguarda de puestos de trabajo frente a la crisis.
Orihuela Romero, Carlos; Ponce Oliva, Roberto
El presente estudio emplea el método del precio neto para estimar la depreciación del capital natural y el verdadero producto nacional neto del sector mineroperuano durante el período 1992-2001. Las estimaciones muestran que aproximadamente el 38% del ingreso anual minero del Perú registrado por el Sistema de Cuentas Nacionales corresponde a la depreciación de sus recursos naturales y, por lo tanto, no representa el verdadero ingreso económico. Este valor de pérdida de capital natural superó ...
Cruz Miriam Alejo Soliz; José Enrique Gutiérrez Méndez; Melisa Ivón Alarcón Chambi; Rodrigo Winder-Aguilar Huarita
La Nefropatía Diabética es la principal complicación crónica de la Diabetes Mellitus Tipo 2, es considerada hoy en día una enfermedad de alto costo social, económico y causa principal de ingreso a ratamiento dialítico en el mundo.Nuestro objetivo general es identificar los factores de riesgo que influyen en la progresión hacia la Nefropatía Diabética en pacientes ingresados al servicio de hemodiálisis del Hospital Viedma.Se realizó un estudio descriptivo, retrospectivo y longitudinal, donde e...
Full Text Available Se describen los resultados obtenidos por los estudiantes en las pruebas nacionales de matemáticas y se analiza la opinión de los profesores con respecto a la pertinencia y nivel de dificultad de estas pruebas.
La finalidad del presente artículo es establecer la fuerte vinculación que existe entre el conocimiento y los activos intangibles, siendo que estos son los grandes desconocidos en la valoración de las empresas y en el cálculo de las cuentas nacionales, en especial el PIB y la productividad. Fue el investigador Robert Solow, en 1956, uno de los primeros en señalar la importancia del conocimiento en el crecimiento económico, expresando que este es una función de capital, trabajo y conocimiento. Desde la década de 1990 viene creciendo la inquietud sobre la necesidad de analizar y medir los diferentes tipos de activos intangibles para incluirlos, con su justo valor, tanto en las cuentas nacionales como en los estados financieros de las empresas. Pero dichos activos tienen unas características muy especiales, las cuales hacen de su valoración monetaria una difícil tarea. Es impostergable profundizar su análisis y estudio para que no sigan siendo ignorados o minimizados en las prácticas cotidianas de las empresas y los mercados.
Leonidas Torres Citraro
Full Text Available La finalidad del presente artículo es establecer la fuerte vinculación que existe entre el conocimiento y los activos intangibles, siendo que estos son los grandes desconocidos en la valoración de las empresas y en el cálculo de las cuentas nacionales, en especial el PIB y la productividad. Fue el investigador Robert Solow, en 1956, uno de los primeros en señalar la importancia del conocimiento en el crecimiento económico, expresando que este es una función de capital, trabajo y conocimiento. Desde la década de 1990 viene creciendo la inquietud sobre la necesidad de analizar y medir los diferentes tipos de activos intangibles para incluirlos, con su justo valor, tanto en las cuentas nacionales como en los estados financieros de las empresas. Pero dichos activos tienen unas características muy especiales, las cuales hacen de su valoración monetaria una difícil tarea. Es impostergable profundizar su análisis y estudio para que no sigan siendo ignorados o minimizados en las prácticas cotidianas de las empresas y los mercados.
Marta Eriana Klaus Manfrin
El trabajo que tiene como tema los Símbolos, rituales religiosos e identidades nacionales es de una colección de trabajos en los cuales diferentes autores analizan los símbolos religiosos y los procesos de construcción política de identidades en América Latina. En los últimos tiempos se han aumentado las publicaciones referentes a lo religioso y a lo político en las sociedades. Los trabajos abordan procesos históricos en países vinculados, especialmente, con un catolicismo presente en el surg...
Jorge Moisés Kroll do Prado
Full Text Available http://dx.doi.org/10.5007/1518-2924.2014v19n39p133 Las redes sociales nacen del entorno web 2.0 y forman parte de nuestro día a día. Todas las áreas profesionales, en especial aquellas relacionadas con la información y la comunicación (Periodismo, Publicidad, Comunicación Audiovisual, Biblioteconomía y Documentación… diseñan estrategias encaminadas a formar parte de este conglomerado en el que convergen emisores, receptores y mensajes. La siguiente investigación expone los resultados de un estudio en el que se ha analizado la presencia de las bibliotecas nacionales iberoamericanas, integrantes de ABINIA, en la web 2.0. Se trata de conocer cómo dichas bibliotecas están utilizando las redes sociales más relevantes, a nivel de usuarios y penetración en los países iberoamericanos. El estudio analiza los perfiles que las bibliotecas nacionales tienen en Facebook, Twitter, Flickr y Youtube; así como, los contenidos que difunden a través de ellas y la participación que fomentan entre sus usuarios.
Olivera Angulo, Javier
Este estudio presenta la estimación del ciclo de vida para Perú con datos del año 2007 dentro del marco del proyecto sobre Cuentas Nacionales de Transferencias (CNT). Las CNT son una herramienta útil para monitorear el alcance del llamado bono demográfico mediante la construcción de la tasa de dependencia económica (TDE) y un criterio adicional para el Estado a fin que pueda priorizar en el mediano plazo sus decisiones de inversión en capital humano. Al respecto, se incluye un ejercicio para ...
Full Text Available La enorme influencia que tiene la Iglesia Católica en Argentina se pone de manifiesto de manera dramática cada vez que se intentan cambios legislativos que avancen en favor de los derechos humanos en general y de las mujeres en particular. Su tenaz oposición a la Ley Nacional de Salud Reproductiva, asi como a la Unión Civil o la Educación Sexual en las escuelas (estas últimas en el ámbito acotado de la ciudad de Buenos Aires, son algunos de los ejemplos más recientes. En tal situación, los Encuentros Nacionales de Mujeres se están transformando en el escenario de virulentas confrontaciones entre las mujeres enviadas por las paroquias con instrucciones precisas de imponer una visión fundamentalista en determinados temas y la inmensa mayoría de las participantes que, católicas o no, intentan debatir las prioridades del movimiento amplio de mujeres de Argentina.The power that Catholic Church has in Argentina is dramatically demostrated when some laws about Human Rights, especially Women Rights, such as Ley Nacional de Salud Reproductiva, Educacion Sexual and others, are in the process of being approved. . In this context, the Women's Meetings (Encuentros Nacionales de Mujeres are being converted into violent confrontations between Catholic women who are sent by their churches and a fundamentalist point of view against the majority of women (Catholic or otherwise who try to debate the more important issues of the Women's Movement.
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic outcomes. While our focus is primarily on the place of social capital in economics, we do consider its broader social science context. We argue that while the social capital literature has produced many i...
Snyder, Herbert W.; Pierce, Jennifer Burek
This review focuses on intellectual capital and its relationship to information professionals. Discusses asset recognition; national practices and the acceptance of intellectual capital; definitions of intellectual capital; measuring intellectual capital, including multiple and single variable measures; managing intellectual capital; and knowledge…
Mouritsen, Jan; Bukh, Per Nikolaj
Intellectual capital (IC) consists of human capital, organizational capital, and relational capital, and their relationships. It has been said to be important to explain the difference between market value and book value of a firm, but measurement of IC is more likely to be important because...
Markets have been treating money as another commodity, trading it, speculating on its value and finding innovative ways to multiply its supply. In it's current form, it has lost it's power to regulate anything at all in the markets, including demand and supply. Combined with profit motives, it encourages short term strategies at the expense of depleting natural resources and discouraging long term investments in social and human capital. Goodwill Capitalism monetizes social capital and in...
This article examines African and Middle East oil and natural gas project financing. Capital markets financing, Ras Laffan's project bonds, capital market issues in Saudi Arabia, the movement toward gas and away from oil, and Islamic opportunities are discussed, African and Middle East oil and gas projects are listed. (UK)
Capitalism is a nimble shapeshifter. In this talk Jules Boykoff draws from the history of the Olympic Games to offer a theory of “celebration capitalism,” a form of modern-day economics that complements Naomi Klein’s “disaster capitalism” marked by neoliberalism: privatization, deregulation, and free-market rhetoric.
Full Text Available Venture capital significantly changes the capital structure of the portfolio company at the time of the investment. Venture capitalists contribute to the company’s success through their active involvement in the management and their added value appears in the increase of the value of the equity. At the same time with taking active role in the management, agency problem occurs, that complicates the cooperation and the success of exit. In this article we search the answer for the question whether the preferred equity, that are commonly used in the US for bridging the agency problem, are used and able to help Hungarian venture capitalists to manage agency problems. On the other hand we examined how the venture capital affect capital structure, how the venture capitalists value added appear in the capital structure. During the evaluation of the three case studies, we came to the conclusion, that the venture capital investments have positive effect on the liabilities of the enterprises, as the capital structure indexes show. However, the investors need the ownership, which help them to step up resolutely, when things change for the worse, and companies need the expertise, which the investors bring with their personal assistance. The investor’s new attitude also has positive effect on a mature company, which has an experienced leader, because he can show another aspect, as a person who come from outside. During the examination of the capital structure, we cannot disregard the events of the company’s environment, which have effects on the firm. The investor’s decisions also appear different ways. Because of this, every venture capital investment is different, just as the capital structure of the firms, in which they invest.
Gladys Fabiola Morales Ramírez
Full Text Available El presente artículo está dedicado al análisis de la experiencia de México en el cumplimiento de sentencias emitidas por la Corte Interamericana de Derechos Humanos, específicamente los esfuerzos de las autoridades nacionales en el diseño de instrumentos especializados para la implementación de estas decisiones.
Full Text Available Este artículo desarrolla el concepto de jerarquía de monedas nacionales para contextualizar la estructura monetaria y financiera mundial y su relación con los rasgos centrales del capitalismo actual. Examina los desequilibrios permanentes de cuenta corriente, los cambios en los objetivos de los bancos centrales, los problemas del sistema financiero actual y los límites de las instituciones financieras para formular un programa de reformas estructurales.
du Gay, Paul; Morgan, Glenn
This chapter places The New Spirit of Capitalism in the context of the development of capitalism over the last twenty years, up to and including the 200-7-8 financial crisis and the ongoing economic crisis which has developed out of this and is now focused on the relationship between state...... expenditures, political legitimacy and financial markets. Boltanski and Chiapello's analysis of the projective city and connexionist logic captures important elements of capitalism in the era of neo-liberalism. However, as their analysis shows, any such logics require ‘spirit’, legitimacy and justification...... if they are to be sustained. Such logics are stabilized to the degree that they can pass the tests which they set themselves. The chapter shows how the projective city has increasingly failed these tests. It has instead created a privileged group of ‘mobile citizens’ working with mobile, global capital in ways...
Lister, M. J; Andreassen, A; Bales, Shanda; Biddle, J. G; Chang, M. M; McCormick, R; Packard, W. J; Sun, T
Leveraging venture capital to the advantage of the Naval Services should be viewed as part of the larger project of reforming the acquisition system to permit rapid introduction of new technologies...
Full Text Available RESUMEN: En este artículo se tratará de reflejar la importancia que los himnos han tenido en todas las épocas y países, lo cual se manifiesta por la tendencia universal que siempre ha existido de asociar el propio himno a las aspiraciones y espíritu de todo un pueblo. Este método de trabajo nos puede servir como base para el estudio de la música folklórica de cualquier lugar del mundo, pretendiendo no sólo hacer un análisis comparativo de melodías , ritmos y danzas sino intentar ver más allá de las simples notas musicales para tratar de captar los siglos de historia que se esconden detrás, así como los mensajes ocultos que hablan de dolor, amor, guerra y esperanza. El artículo se organiza en tres partes:1 Análisis histórico comparativo2 Análisis musical comparativo3 «Inno delle Nazioni» de Giuseppe Verdi.SUMMARY: We'll try show in this article the importance that hymns have had in all times all along the countries. This is clearly seen through the universal tendency that has always existed to associate the hymn itself to the hopes and spirit of a people. This working method can be the right one for the study of folk music in any country, trying not only to analyse the melodies, rhythms and dancings but also to go beyond the musical tones to understand the centuries of history that can be found underneath, as well as the messages that tell us of pain, love, war and hope. The article is organized in three parts:1 Comparative historical analysis2 Comparative musical analysis3 «Inno delle Nazioni» by Giuseppe Verdi.
Bungacho Lamar, Fredy, Dr.
La Ley Orgánica de Administración Financiera y Control responsabiliza a cada institución del Estado la implementación y aplicación del Sistema de Control Interno con la finalidad de precautelar los recursos públicos. Este trabajo investigativo sirve como guía para unificar los procedimientos, en la ejecución de las Auditoría de los profesionales que integren la Unidad de auditoría Interna del Instituto de altos Estudios Nacionales. Este Manual de Auditoría Interna, se compone de 6 capí...
John Tomasi’s Free Market Fairness represents an heroic attempt to bridge the gap between Rawlsian ‘high liberals’ and the advocates of classical liberalism/contemporary libertarianism. I argue that Tomasi’s project fails, above all because it cannot give a compelling account of contemporary (American) capitalism or of its capacity to deliver free market fairness.
Kevin A. Yelvington
Full Text Available [First paragraph] Capitalism: An Ethnographic Approach. DANIEL MILLER. Oxford: Berg, 1997. x + 357 pp. (Cloth £39.00, Paper £17.99 Women, Labour and Politics in Trinidad and Tobago: A History. RHODA E. REDDOCK. London: Zed, 1994. vi + 346 pp. (Cloth £39.95, Paper £15.95 Despite the underdeveloped state of the scholarship on its admittedly short sugar plantation slavery period, we now have a corpus of studies on various aspects of capitalism in Trinidad - from its historical advent (Sebastien 1978 to its twentieth-century manifestation in the petroleum sector (Seers 1964; Sandoval 1983, and from the ethnic structure of labor markets (Camejo 1971; Harewood 1971 and the role of capitalism in racial/ethnic inequality (Henry 1993; Coppin & Olsen 1998 to the way ethnicity affects business, big (Button 1981; Parris 1985; Centre for Ethnic Studies 1993 and small (Ryan & Barclay 1992; Griffith 1997, and the way ethnicity and gender are used in class recruitment (Yelvington 1995. There are also a number of fine working-class histories (e.g., Rennie 1973; Ramdin 1982; Basdeo 1983 and important works on the labor riots and strikes and the nature of the colonial state during the crises of the 1930s (e.g., Thomas 1987; Singh 1994. The two books under review here complement the works mentioned above, and they complement each other as well: Reddock's deals with the way capitalism up to the mid-century was buttressed by colonial politics, and explores how this formation engendered certain kinds of political responses, while Miller approaches capitalism through the assumption that fundamental changes in the post-Oil Boom period (ca. 1973-80 brought about considerable autonomy between production and consumption that can and should now be read through an analysis of the cultural circulation of images and commodities in the society. These books are both noteworthy because they engage in explicit theorizing on what capitalism was and is, and what it did and
Bryan, Dick; Rafferty, Michael; Wigan, Duncan
The rise of intangible assets such as brand names, research and development, patents and other forms of abstract capital such as digital platforms and data flows has confounded extant measures and concepts of capital and accumulation. What used to be a residual asset category known as ‘goodwill......’ has now overtaken so-called fixed or tangible assets in the profitability and valuation of many leading corporations. Yet these intangible assets lead a double life as both spatial and temporal in some dimensions, yet fluid and spatio-temporally elusive in others. Using a framework focused...... the global double life of internationalised and financialised intangible assets and wealth flows, and parallel reorganisations of state forms in response to those transformations....
Full Text Available During the history of human kind, since our first ancestors, tools have represented a mean to reach objectives which might otherwise seemed impossibles. In the called New Economy, where tangibles assets appear to be losing the role as the core element to produce value versus knowledge, tools have kept aside man in his dairy work. In this article, the author's objective is to describe, in a simple manner, the importance of managing the organization's group of tools or instruments (Instrumental Capital. The characteristic conditions of this New Economy, the way Knowledge Management deals with these new conditions and the sub-processes that provide support to the management of Instrumental Capital are described.
Fondo, Clint B.; Wright, Darren B.
MBA Professional Report Approved for public release; distribution in unlimited. The purpose of this MBA Project was to investigate and provide a comprehensive overview of the historical and current efforts directed at valuing intellectual capital (IC). This project was conducted with the sponsorship and assistance of the Office of Military Base Retention and Reuse (OMBRR), of the California Business, Transportation and Housing Agency. The goal of this project was to identify and documen...
A world away, in the Cape Winelands, architects of Stellenbosch struggle for the identity of the city, the capital of the unique cultural landscape. Here the traditional African culture is mixed with three century-long tradition of winegrowing and winemaking. This wonderful mixture was placed on the UNESCO Tentative List of World Heritage Sites. The authors of the project use cultural heritage protection laws to protect their city from chaotic development.
Peter T. Leeson; Russell S. Sobel
Is capitalism contagious? Since WWI, global foreign policy has treated economic freedom/repression like a virus that spreads between countries. Most recently, the ?domino theory? of freedom has played prominently in U.S. foreign policy toward Asia, Latin America, and the Caribbean during the Cold War, and the Middle East during the War on Terror. This paper investigates the spread of economic freedom between nations. Our analysis considers two potential channels of this spread: geography and ...
Full Text Available Los procesos de privatizaciones de empresas públicas en la Argentina permiten rastrear los contornos que ofrece el rediseño de una sociedad inspirada en la doctrina de gobierno neoliberal. El tránsito del liberalismo clásico al neoliberalismo encuentra en la amplia cesión de la esfera pública al capital privado una grilla de inteligibilidad a las prácticas sociales con las que se intentará formalizar un orden neoliberal. La participación de France Télécom en la privatización de la Empresa Nacional de Telecomunicaciones (ENTel en Argentina, y la gestión que dicha empresa llevará a cabo en Francia con algunos años de diferencia entre una y otra experiencia, refleja que la profundidad de los cambios a los que nos acercamos dista de ser el curioso escenario que ofrece un lejano país de la periferia sudamericana. En este artículo, procuraremos establecer un debate con la tradición francesa encarnada en los trabajos de Philippe d’Iribarne, quien le asigna a las "particularidades nacionales" un rol preponderante para comprender diversos modelos de gestión de la fuerza de trabajo. Aspecto que, a la luz de nuestras investigaciones, consideramos que se ve largamente refutado. En sus dos orillas.
Laura Inés Rovelli
Full Text Available En las últimas décadas, la producción de conocimiento científico y tecnológico se considera estratégica para los fines del desarrollo y un instrumento clave para redefinir las relaciones sociales en términos de crecimiento económico e inclusión social. En la Argentina, el sector científico y tecnológico alcanza actualmente un inusitado estímulo y una creciente expansión. En el plano universitario, los cambios repercuten –entre otras dimensiones– sobre los lineamientos y orientación de la investigación. En este escenario, el objetivo general del escrito procura analizar el surgimiento reciente de distintos instrumentos de orientación de la investigación con incidencia en el ámbito de las universidades nacionales y paralelamente, indagar y comparar las lógicas de orientación de la investigación en las instituciones seleccionadas a través de instrumentos propios de financiamiento. Una de las hipótesis que guía el trabajo afirma que, en un escenario de corrientes múltiples de políticas de fijación de áreas prioritarias en los últimos años, algunas universidades nacionales promueven la orientación de la investigación, a través de lógicas diversas y en un marco dinámico, situacional y pragmático.
Approaching “work” as at heart a practice of exchange, this volume explores sociality in work environments marked by the kind of structural changes that have come to define contemporary “flexible” capitalism. It introduces anthropological exchange theory to a wider readership, and shows how...... the perspective offers new ways to enquire about the flexible capitalism’s social dimensions. The essays contribute to a trans-disciplinary scholarship on contemporary economic practice and change by documenting how, across diverse settings, “gift-like” socialities proliferate, and even sustain the intensified...... flexible commoditization that more commonly is touted as tearing social relations apart. By interrogating a keenly debated contemporary work regime through an approach to sociality rooted in a rich and distinct anthropological legacy, the volume also makes a novel contribution to the anthropological...
... Capital, Implementation of Basel III, Capital Adequacy, Transition Provisions, Prompt Corrective Action..., 2013 (78 FR 55340), regarding Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III...
ORLANDO DARÍO PARRA JIMENEZ
de evasión tributaria tomando como referencia aproximaciones económicas que hasta la fecha se han realizado. Inicialmente se exponen los diferentes conceptos; posteriormente se incluyen las causas y los efectos de la evasión a nivel general, luego se presentan los aportes resultado de las aplicaciones de algunos modelos de medición a nivel mundial y, por último se genera la estimación de la evasión en los impuestos nacionales como lo son el Impuesto de Renta y el Impuesto al Valor Agregado IVA para Colombia en los años comprendidos entre el 2001 y el 2009, dichas estimaciones se realizan a partir de un modelo econométrico y la metodología utilizada consiste en el análisis de co-integración, dicha modelación concluyó que la evasión se redujo de 46.3% al 31.4% del recaudo total de los impuestos de Renta e I.V.A en el período de estudio.
María Isabel Carvajal Araya
Full Text Available El presente ensayo explora la forma en que se ha abordado el tema de los símbolos nacionales de Costa Rica, desde el ámbito educativo. Para ello realiza un recorrido desde la implementación de la materia de Cívica, a finales del siglo XIX y hasta la actualidad, a la vez que analiza la manera en que estos símbolos patrios han servido para plasmar un imaginario de identidad, al naturalizar discursos ideológicos enmarcados en las representaciones patrias. The following essay explores the way in which the topic of national symbols has been taken from the educational ambit. To achieve this, it journeys from the implementation of the subject of Civics towards the end of the 19th Century until the present, while analyzing the way in which these patriotic symbols have been used to represent and construct an imaginary of identity when naturalizing ideological speeches framed in the patriotic representations.
Full Text Available http://dx.doi.org/10.1590/S0104-026X2005000200013 La enorme influencia que tiene la Iglesia Católica en Argentina se pone de manifiesto de manera dramática cada vez que se intentan cambios legislativos que avancen en favor de los derechos humanos en general y de las mujeres en particular. Su tenaz oposición a la Ley Nacional de Salud Reproductiva, asi como a la Unión Civil o la Educación Sexual en las escuelas (estas últimas en el ámbito acotado de la ciudad de Buenos Aires, son algunos de los ejemplos más recientes. En tal situación, los Encuentros Nacionales de Mujeres se están transformando en el escenario de virulentas confrontaciones entre las mujeres enviadas por las paroquias con instrucciones precisas de imponer una visión fundamentalista en determinados temas y la inmensa mayoría de las participantes que, católicas o no, intentan debatir las prioridades del movimiento amplio de mujeres de Argentina.
The author of this paper have set off from the question: is the present capitalism ethical? We started with the delimitation and correlation of the concepts of ethics, morals, morality. Further on, we analysed the evolution of capitalism in connection with morals. Based on this research, we came to the conclusion that the capitalist system has undergone through three stages: moral capitalism, amoral capitalism, and immoral capitalism. We concluded by implying that the corporate capitalist soc...
S. Viswanathan; Adriano Rampini
This paper develops a dynamic model of the capital structure based on the need to collateralize loans with tangible assets. The model provides a unified theory of optimal firm financing in terms of the optimal capital structure, investment, leasing, and risk management policy. Tangible assets are a key determinant of the cross section and dynamic behavior of the capital structure. Firms with low tangible capital are constrained longer, lease more of their physical capital, and borrow less. Le...
Javier Bermejo Frutos
Full Text Available El objetivo del trabajo fue fijar valores de referencia en diferentes variables cinemáticas para la prueba de salto de altura que permitan establecer el modelo de ejecución de los atletas nacionales y compararlo con el modelo técnico que establece la bibliografía. Se analizó el mejor intento de 25 saltadores de altura finalistas en el Campeonato de España en pista cubierta 2009 (13 hombres, 1.89 ± 0.05 m de estatura y 2.10 ± 0.09 m de rendimiento, y 12 mujeres, 1.69 ± 0.10 m de estatura y 1.73 ± 0.08 m de rendimiento. Se calcularon un total de 35 variables biomecánicas correspondientes a las fases de ante-salto (dos últimos pasos de la carrera de aproximación, batida y paso del listón. Se utilizó fotogrametría 3D a través de tres cámaras de vídeo operando a 50 fotogramas por segundo y utilizando el algoritmo de Transformación Linear Directa para la determinación de las coordenadas del deportista. El análisis y digitalización de los saltos se realizó en el programa Kwon 3D. Los resultados de este estudio muestran que las mayores diferencias entre los valores en los saltadores y saltadoras españolas al compararlos con los saltadores de nivel internacional se producen durante la fase ante-salto (longitud, frecuencia, y velocidad del paso y durante la fase de batida a nivel de velocidad del CM.
Svendsen, Gunnar Lind Haase
Within current research on social capital, a gap exists between political history analyses at the macro level and classical, sociological analyses at the meso and micro levels. Following up on earlier work, the main purpose of this paper is to mediate between the two conflicting stances...... represented by Putnam and Portes. The paper raises the following question: Is it possible to detect the historical driving forces behind the building of both beneficial and harmful social capital? Driving forces are defined as structural determinants, which change human organization at all levels....... The hypothesis is that three forms of capital have the potential to act as driving forces: social capital, cultural capital and physical capital, the latter operationalized as buildings. A new concept, triad of capital, is introduced to analyze the interrelationship between these three forms of capital. A triad...
C. Spechler, Martin; Ahrens, Joachim; Hoen, Herman W.
The book specifies the type of economic system that has arisen in Central Asian. It presents three types of state-capitalism established in the former Soviet Union states in Eurasia - crony, dual sector, and predatory capitalism.
Full Text Available Weber's thesis that the spirit of capitalism was preexistent to the rise of capitalism itself inspired many sociologist to search for the cultural background of contemporary forms of capitalism. In this paper, the author focuses on and makes comparisons of three approaches of such kind. The one approach draws from Luc Boltanski and Ève Chiapello who examine the development of 'new spirit of capitalism' by focusing on the interrelation of two macroactors - capitalism and critique; the other one is of Nigel Thrift who relates the rise of 'soft capitalism' to the strengthening of 'cultural circuit of capital'; and finally, Richard Sennett's approach analyzes the culture of 'new capitalism' and work ethic of the 'mp3 organizations'.
Full Text Available Until recently, capital mobility was encouraged across national borders, because it was considered that such capital can seek the highest rate of return. However, recent global financial developments have shown that, due to contagion, the mobility of capital flows can cause severe financial imbalances. In the context of globalization, liberalization or maintaining controls on capital flows is a current topic, more debated by economists. This topic is very important, due to the impact of liberalization decision or maintaining controls on capital flows has on the overall macroeconomic framework. The paper analyzes the relationship between capital flowsâ€™ control and the income per capita, the degree of central bank independence, democracy country, the foreign exchange regime. Also, it analyzes the effectiveness in time of capital controls, taking account of financial system development and potential risks of instability. Over time, it was observed that a period in which they have imposed restrictions on capital movements was followed by a removal of such restrictions, and vice versa. Cyclic change of capital movements regime corresponds to the cyclic evolution of the global economy. Full capital account liberalization led to the emergence of currency and financial crises, so that the idea of maintaining controls on capital is not rejected by economists. After a full liberalization of capital flows, there is a change in the mentality of an increasing number of economists, who support the maintenance of controls, in a gradual liberalization.
Batterham, Robert L.; Fraser, K.I.
This paper reviews the literature on the optimal replacement of capital equipment, especially farm machinery. It also considers the influence of taxation and capital rationing on replacement decisions. It concludes that special taxation provisions such as accelerated depreciation and investment allowances are unlikely to greatly influence farmers' capital equipment replacement decisions in Australia.
Full Text Available En el año 1934 en la región cordillerana de Norpatagonia, se conformó el "Parque Nacional Nahuel Huapi", lo cual traería importantes consecuencias para "chilenos" e "indígenas", ya que produciría la migración y expulsión de las áreas rurales de estos pobladores. Desde el imaginario promovido por la elite conservadora de los años '30, se consolidaría la impronta de esta zona -y sus centros urbanos de referencia, San Carlos de Bariloche y Villa la Angostura- como un área pretendidamente "natural", "virgen", con reminiscencias "alpinas", construcción simbólica que cimentó el proceso de despojo. A partir del año 2003, diversos grupos familiares mapuche han iniciado un proceso de reafirmación identitaria y territorial en sus ámbitos ancestrales en el área de Parques Nacionales. Nos proponemos como objetivo analizar las dinámicas que han dado origen a estos procesos asignando centralidad a las diversas políticas estatales.The "Nahuel Huapi National Park" was created in 1934, in the mountain range of North Patagonia. This brought important consequences for the "Chileans" and "Indigenous" because it gave rise to migration and eviction of the rural areas of these populations. The collective imaginary of the conservative elite of the 30's, consolidated the imprint of this area and its urban centres of reference, such as: "San Carlos de Bariloche" and "Villa la Angostura" as a supposedly "natural", "virgin" area, with "alpine" reminiscence. This symbolic construction strengthened the eviction process. Since 2006, several groups of Mapuche families have begun a process of identity and territorial reaffirmation in their ancestral ranges in the National Parks area. It is our goal to analyze the dynamics that have given rise to these processes by assigning centrality to the various state policies.
Collazo Herrera, Manuel; Ramos Picos, Diana; Yáñez Vega, Raúl; Cruz Pérez, Beatriz de la
El presente trabajo tiene por objetivo la realización de una revisión bibliográfica para exponer la importancia que tiene el control en los precios de los medicamentos por parte de las Autoridades Reguladoras Nacionales (ARN), como una necesidad que tiene la regulación del mercado farmacéutico interno de los países para poder asegurar el acceso económico de los medicamentos esenciales a la población y, dentro de este entorno, el papel que juegan la incorporación de los medicamentos gené...
De Maeseneer, Rita
El propósito consiste en averiguar hasta qué punto el inglés ha influido en las literaturas (trans)nacionales del Caribe hispano en el marco de las discusiones sobre la globalización. Mientras que las instancias literarias cubana y puertorriqueña siguen adhiriendo esencialmente al monolingüismo, las autoridades dominicanas parecen más abiertas a acoger a escritores como Junot Díaz o Josefina Báez que combinan de un modo particular las variantes del inglés y del español. Sus textos presentan a...
Full Text Available The author of this paper have set off from the question: is the present capitalism ethical? We started with the delimitation and correlation of the concepts of ethics, morals, morality. Further on, we analysed the evolution of capitalism in connection with morals. Based on this research, we came to the conclusion that the capitalist system has undergone through three stages: moral capitalism, amoral capitalism, and immoral capitalism. We concluded by implying that the corporate capitalist society is immoral, that it cannot regulate itself and that the government’s assistance is needed to inoculate the ethics.
HANNES OTTÓSSON; KIM KLYVER
Using data collected from 714 entrepreneurs in a random sample of 10,000 Danes, this study provides an investigation of the effect of human capital on social capital among entrepreneurs. Previous entrepreneurship research has extensively investigated the separated effect of human capital and social capital on different entrepreneurial outputs. The study takes a step back and investigates how these two capital concepts are related — specifically how human capital influences social capital. In ...
Title: Modern Human Capital Management Seminar date: 30th of May 2008 Course: Master thesis in Business Administration, 15 ECTS Authors: Madita Feldberger Supervisor: Lars Svensson Keywords: Human capital, SWOT Analysis, Strategic Map, Balanced Scorecard Research Problem: Despite of the success of Human Capital Management (HCM) in research it did not arrive yet in the HR departments of many companies. Numerous firms even have problems to set their strategic goals with focus on HR. The HR Bala...
The Handbook of Social Capital balances the ‘troika' of sociology, political science and economics by offering important contributions to the study of bonding and bridging social capital networks. This inter-disciplinary Handbook intends to serve as a bridge for students and scholars within all...... the social sciences. The contributors explore the different scientific approaches that are all needed if international research is to embrace both the bright and the more shadowy aspects of social capital....
Piketty’s Capital in Twenty-First Century has posed a totally new platform for the discussion of the economy and capitalism. Piketty has reinvented the classical political economy founded by Adam Smith in his 1776 Wealth of Nations. Piketty has shown via massive historical research how growth...... and inequality have developed since 1793. Piketty’s conclusion is that the French Revolution did not change the existing inequality either in the medium or in the long term. Piketty’s prediction is that a new form of global capitalism will arise, patrimonial capitalism, in which inequality will develop further...
McCarthy, Ellen E
...: To provide an agile, adaptive, integrated, and innovative defense intelligence workforce through a deliberate process identifying, implementing, and directing human capital organizational, doctrinal...
Department of Transportation — National Automated Capitalization Authorization Form used by ATO Engineering Services, Logistics, Accounting for the purpose of identifying and capturing FAA project...
Paldam, Martin; Svendsen, Gert Tinggaard
This report has two purposes: The first purpose is to present our 4-page questionnaire, which measures social capital. It is close to the main definitions of social capital and contains the most successful measures from the literature. Also it is easy to apply as discussed. The second purpose ...... is to present the social capital database we have collected for 21 countries using the questionnaire. We do this by comparing the level of social capital in the countries covered. That is, the report compares the marginals from the 21 surveys....
Breen, J.; Stelingwerff, M.
Throughout the history of architecture, the Capital the intermediate between a column and the beam or surface it supports has been a recurring feature in architectural composition and articulation. In this paper we describe results and findings from the Capital A to Z exercise within the Ornamatics
perspectives on the birth and expansion of capitalism and instead emphasizes the role of political power in its development and present-day stage. Politics to a great extent is undertakings of coercion, rationalization, legitimization and imposition which are the essence of market capitalism itself, i...
Sen, Rijurekha; Quercia, Daniele
In its most basic form, the spatial capital of a neighborhood entails that most aspects of daily life are located close at hand. Urban planning researchers have widely recognized its importance, not least because it can be transformed in other forms of capital such as economical capital (e.g., house prices, retail sales) and social capital (e.g., neighborhood cohesion). Researchers have already studied spatial capital from official city data. Their work led to important planning decisions, yet it also relied on data that is costly to create and update, and produced metrics that are difficult to compare across cities. By contrast, we propose to measure spatial capital in cheap and standardized ways around the world. Hence the name of our project "World Wide Spatial Capital". Our measures are cheap as they rely on the most basic information about a city that is currently available on the Web (i.e., which amenities are available and where). They are also standardized because they can be applied in any city in the five continents (as opposed to previous metrics that were mainly applied in USA and UK). We show that, upon these metrics, one could produce insights at the core of the urban planning discipline: which areas would benefit the most from urban interventions; how to inform planning depending on whether a city's activity is mono- or poly-centric; how different cities fare against each other; and how spatial capital correlates with other urban characteristics such as mobility patterns and road network structure.
Svendsen, Gert Tinggaard; Bjørnskov, Christian
How to construct a robust measure of social capital? This paper contains two contributions. The first is an attempt to establish a broad social capital measure based on four indicators, the Freedom House Index, an index of perceived corruption from Transparency International, and scores on civic...
Carbonell Boria, María José
Estado de la cuestión de los trabajos sobre la Capital Cursiva. Análisis de la misma y muestras de su existencia y uso en la cultura occidental, incluida España. The matter of the study of Italic Capital letters. Its analysis, samples, and use in Western cultur, including Spain.
Schertler, A.G.; Tykvova, T.
Cross-border investments represent a substantial share of venture capital activities. We use a comprehensive dataset on investments worldwide to analyze the internationalization of venture capital financing. We postulate that cross-border activity is shaped by macroeconomic factors in the venture
Zicht, Barbara, Ed.; And Others
Providing teacher background on the concepts of productivity and capital goods, this document presents 3 teaching units about these ideas for different grade levels. The grade K-2 unit, "How Do They Do It?," is designed to provide students with an understanding of how physical capital goods add to productivity. Activities include a field trip to…
Néstor P. Sagüés
Full Text Available El autor analiza la relación entre los tribunales nacionales e internacionales o supranacionales con competencia jurisdiccional vinculante en materia de derechos humanos, considerando la existencia de tres posiciones en la materia: la posición conflictual de la declaración de inejecutabilidad, la posición del seguimiento nacional y la del margen de apreciación.The author analyzes the relationship between national and international or supranational courts with binding jurisdiction over matters of human rights, reviewing three positions in this subject: the conflict perspective of declaration of non-executability, the position of national follow-up, and the doctrine of margin of appreciation.
Prieur, Annick; Savage, Mike
than absolute terms, and that a field analytic perspective provides the means of understanding cultural capital as such a relative entity. Second, the move from the empirical observation of oppositions to the conceptualisation of cultural capital also demands that the functioning of features......This paper considers how the analysis of cultural engagement can be elaborated through a reworking of the concept of cultural capital, as originally derived from Bourdieu’s (1984) Distinction. Drawing on detailed studies of the UK and Aalborg, Denmark, we show that despite the weakening......, and art); and (c) an international and a local or national orientation stand out as the most important. We discuss whether these oppositions can usefully be conceptualised as cultural capital. We argue that such a conceptualisation demands, first, that cultural capital is understood in relative rather...
Li, Peter Ping; Redding, Gordon
This article provides an overview of social capital in Asia. Social capital is trust and appears in two main forms: relational, based on societal norms, and systemic, based on societal institutions. The relational encourages personalistic transactions; and systemic trust, supports more formal......, and usually larger, transactions backed by law. For economic development, the systemic form becomes crucial but needs to be compatible with relational norms. The dimensions of social capital are often dual in nature. This article employs a theory that accepts this and analyses the phenomena as yin......–yang balancing, seeing trust as a culturally determined enabler of social cooperation. The evolutions of trustworthiness in Japan, China, and the Philippines are analysed. This article contributes to the literature on varieties of capitalism and business systems as well as that on social capital. It raises...
Prieur, Annick; Skjøtt-Larsen, Jakob; Rosenlund, Lennart
Based on Danish survey data subjected to correspondence analysis, this article aims at carrying out a critical assessment of Pierre Bourdieu's theory of social differentiation in advanced societies as a multi-dimensional phenomenon. As his theory goes, capital volume (economic + cultural capital......) and capital composition (the relative weight of the two) are the main dimensions of social differentiation, which structure the space of social positions as well as the space of lifestyles. The central discussion of the article concerns the character of cultural capital, and the role it plays in the formation...... of distinction? Cultural capital in a contemporary Danish context appears to be less related to traditional highbrow cultural consumption than in Bourdieu's studies in France some decades ago. Third, is there a rise in the omnivorousness and tolerant taste within the cultural elite? This study answers negatively...
... would have on regulatory capital, the appropriateness of adjusting the risk-based capital treatment of... agencies' risk-based capital and leverage rules would increase regulatory capital requirements for banking... measure risk and allay the agencies' concerns regarding regulatory capital arbitrage (that is, the...
M. Clara N\\u00FA\\u00F1ez Regueiro
Full Text Available Este trabajo se aleja de la noción de identidad nacional como un concepto fijo, asumiendo a todas las identidades colectivas como procesos palimpsésticos. En los EE.UU. del siglo diecinueve, los proyectos comerciales, de control poblacional, y de planificación nacional, constituyeron estímulos importantes para la formación de estas identidades. Durante el diseño de la legislación, economía, distribución del poder, y lugar en el mercado mundial, la creación de una identidad nacional pasó a ser fundamental para los diseñadores del estado. Las fuerzas de expansión territorial, urbanización, inmigración, remoción Indígena, guerras civiles, emancipación de los esclavos, y subversión al patriarcado se entrelazaron fluidamente para crear y modificar continuamente, identidades nacionales, regionales, de género y étnicas. Como resultado de estos intercambios, distintos grupos construyeron memorias y experiencias nacionales de maneras diversas. A veces, las comunidades se despojaron de un sentimiento nacional y adoptaron otro con relativa agilidad. Otras, reforzaron los lazos que les permitieron mantener su identidad grupal de manera más o menos estable hasta el día de hoy a pesar del traslado físico, la dispersión del grupo, y la incorporación de una identidad nacional adicional. En todos los casos, estos procesos fueron -y continúan siendo - negociados y reescritos.
Dimitri B. Papadimitriou; L. Randall Wray
In this paper, the authors discuss Minsky's analysis of the evolution of one variety of capitalism--financial capitalism--which developed at the end of the nineteenth century and was the dominant form of capitalism in the developed countries after World War II. Minsky's approach, like those of Schumpeter and Veblen, emphasized the importance of market power in this stage of capitalism. According to Minsky, modern capitalism requires expensive and long-lived capital assets, which, in turn, nec...
En la teoría económica existen distintas definiciones de capital: capital físico, el capital en recursos naturales, el capital financiero, el capital en infraestructura económica, el capital en infraestructura social y el capital humano. Todos ellos son condiciones necesarias para que un país alcance el desarrollo económico y social y un alto estándar y calidad de vida de sus habitantes, pero no suficientes puesto que hace falta una categoría adicional de capital. En los últimos años ha surgi...
General Services Administration — Capital Projects application (CPA) provides users with the ability to maintain project related financial data for Budget Activity (BA) 51, 55, 64, 01, 02, 03, 04....
Full Text Available The purpose of this study is to confront certain propositions presented in Lesław Niemczyk’s publication Rachunkowość finansowa aktywów kompetencyjnych i kapitału intelektualnego. Nowy dział rachunkowości(Accounting for Competence Assets and Intellectual Capital. A New Area in Accounting with ideas published in other studies. The authors discuss issues concerning firm value, selected definitions of intellectual capital, as well as certain methods of intellectual capital measurement and valuation. Other problems analysed include accounting for and reporting of intellectual capital and similarities and differences between the way those issues are presented in Polish and in international studies as well as in existing legal regulations and standards.
problems, but serve to further highlight the difficulties of changing capitalism towards sustainability. In a profit-oriented economy, capital accumulation is a prime driving force, and non-growth for the economy at large tends to result in serious economic and social crises. On the other hand, a de...... according to which the powers and mechanisms of the natural world are considered totally controllable by humans as if they were mere epiphenomena of the human world. On the other hand, the assumptions of certain ecological economists about the possibility of steady-state capitalism disregard the relation...... between capital and surplus value, which constitutes a strong mechanism driving the capitalist economy toward limitless growth....
Ph. D. Student Ioana - Julieta Josan
Full Text Available Once with the development of the human capital theory, the education received an economic value. Leading theorists and specialists in the field have shown that the remarkable economic effects of the investments in education influence the chances of acquiring a job and earnings, demonstrating how the theory justifies such an investment. At the hand, the allocation of resources in human capital brings performance and benefits to companies investing in their employees. Also, the investment in human capital is strategic for any country that seeks to create a knowledge economy. Considering the above arguments, the aim of this paper is to highlight the characteristics of investment in human capital, the types of investment, the factors of education investment and the entities interested in investing and their benefits.
Public works capital projects in the U,S, naval forces are not prioritized and funded in a way that best uses limited operations resources and maintenance dollars, This thesis develops a linear model...
Agoston Simona; Puia Ramona Stefania; Orzea Ivona
The evaluation and measurement of intellectual capital is an issue of increasing importance for companies because of the staleness of the traditional accounting systems which do not provide relevant information regarding the value of a company. Thus, specialists are working to identify a model for assessing intellectual capital that can be easily implemented and used. The large number of proposed models but also the major differences between them emphasizes the fact that the specialists are s...
Stewart C. Myers
This paper contrasts the "static tradeoff" and "pecking order" theories of capital structure choice by corporations. In the static tradeoff theory, optimal capital structure is reached when the tax advantage to borrowing is balanced, at the margin, by costs of financial distress. In the pecking order theory, firms preferinternal to external funds, and debt to equity if external funds are needed. Thus the debt ratio reflects the cumulative requirement for external financing. Pecking order beha...
Full Text Available In its most basic form, the spatial capital of a neighborhood entails that most aspects of daily life are located close at hand. Urban planning researchers have widely recognized its importance, not least because it can be transformed in other forms of capital such as economical capital (e.g., house prices, retail sales and social capital (e.g., neighborhood cohesion. Researchers have already studied spatial capital from official city data. Their work led to important planning decisions, yet it also relied on data that is costly to create and update, and produced metrics that are difficult to compare across cities. By contrast, we propose to measure spatial capital in cheap and standardized ways around the world. Hence the name of our project "World Wide Spatial Capital". Our measures are cheap as they rely on the most basic information about a city that is currently available on the Web (i.e., which amenities are available and where. They are also standardized because they can be applied in any city in the five continents (as opposed to previous metrics that were mainly applied in USA and UK. We show that, upon these metrics, one could produce insights at the core of the urban planning discipline: which areas would benefit the most from urban interventions; how to inform planning depending on whether a city's activity is mono- or poly-centric; how different cities fare against each other; and how spatial capital correlates with other urban characteristics such as mobility patterns and road network structure.
This paper enquires into the relation between capitalism, religion and the philosophy of science. We would tend to suppose that there are only superficial and accidental links between them. A closer analysis reveals, however, that the epistemology of contemporary science is still based on a certain interpretation of Christianity and linked to a particular type of capitalism. Science developed after Galileo and Descartes aims at universal truth but was founded on the notion of the Christian ...
Lorz, Jens Oliver
This paper analyzes the impact of international capital mobility on redistributive capital taxation and on lobbying activities by interest groups. It employs a model where different capital endowments lead to a conflict between households concerning their most preferred capital tax rate. Three main results are derived: First, redistributive source based capital taxes or subsidies decline as international tax competition intensifies. Second, lobbying activities of certain interest groups may e...
Bongaerts, D.; Charlier, E.
Regulatory Capital requirements for European banks have been put forward in the Basel II Capital Framework and subsequently in the Capital Requirements Directive (CRD) of the EU. We provide a detailed discussion of the capital requirements for private equity investments under the simple risk weight
Capital goods play a major role in international trade. World production of capital goods and R&D activity are highly concentrated in some developed countries. Most of the countries, especially developing countries import the most of their capital equipment from some leading capital goods exporter countries. Therefore technological advances can be transmitted across borders through trade in capital goods. In international trade countries face trade costs. Trade costs can be in the for...
Petrini, Giancarlo; Fonseca, Ricardo; Porreca, Wladimir
O presente estudo investiga a pobreza partindo de uma análise dos recursos que os pobres dispõem em sua realidade, analisando os temas do capital humano, social e familiar, procurando estabelecer conexões e elucidar fatores da realidade pouco considerados em estudos e projetos de combate à pobreza e à exclusão social. O presente artigo, em seu conjunto, procura compreender porque, em condições semelhantes de pobreza, algumas pessoas conseguem elaborar um projeto de vida enquanto outras se es...
Dowell, Laurie; Gary, Jack; Illingworth, Bill; Sargent, Tom
Gathering information, necessary forms, and financial calculations needed to generate a "capital investment proposal" is an extremely complex and difficult process. The intent of the capital investment proposal is to ensure management that the proposed investment has been thoroughly investigated and will have a positive impact on corporate goals. Meeting this requirement typically takes four or five experts a total of 12 hours to generate a "Capital Package." A Capital Expert System was therefore developed using "Personal Consultant." The completed system is hybrid and as such does not depend solely on rules but incorporates several different software packages that communicate through variables and functions passed from one to another. This paper describes the use of expert system techniques, methodology in building the knowledge base, contexts, LISP functions, data base, and special challenges that had to be overcome to create this system. The Capital Expert System is the successful result of a unique integration of artificial intelligence with business accounting, financial forms generation, and investment proposal expertise.
Full Text Available La autora muestra las diversas complicidades que se tejen entre el género literario novelístico, el nacionalismo y los procesos de construcción nacional en los países de América Latina. ¿Por qué las novelas nacionales y promovidas por el Estado para nacionalizar sus heterogéneas poblaciones suelen versar sobre el amor romántico? A través de un análisis innovador, basado en la obra de Foucault, la teoría feminista, el psicoanálisis y la nueva narratología, este artículo muestra el nacimiento de una suerte de erótica de la política nacional en América Latina. Sommer muestra la utilidad de su marco teórico para estudiar no solo a los clásicos del siglo XIX de la literatura latinoamericana, sino asimismo a los más recientes autores del boom
Svendsen, Gunnar Lind Haase; Waldstrøm, Christian
a dual focus on social capital as both immediately and potentially productive resources, i.e. assets that can be immediately capitalized by individuals as well as ‘cultivated' for future use. We argue that to further operationalize this concept we must distinguish between actual/potential social capital......Bourdieu's (1986) seminal definition of social capital as "the aggregate of the actual or potential resources" is reflected in older definitions, as well as in many current within sociology (e.g. Portes, 2000) and organization (Adler & Kwon, 2002). The definition is interesting, because it directs......, within a neo-capital framework that unifies the existing ‘plethora' of capitals....
Svendsen, Gunnar Lind Haase; Waldstrøm, Christian
This chapter presents a framework for understanding organizational networks and social capital through the lens of “social capital ownership” as well as the private and collective goods provided through this ownership. More specifically, it argues that ownership of social capital in organizations...... is closely connected to four types of social capital – two belonging to the bridging social capital type, and two belonging to the bonding social capital type. The chapter first reviews literature on organizational social capital and then directly focuses on ownership of social capital in organizations......, as well as the derived benefits, or losses. Next, the chapter presents an empirical case apt to illustrate the theoretical findings in part one, namely the nineteenth-century Danish Cooperative Dairy Movement (Svendsen and Svendsen 2004). It is demonstrated how social capital among Danish peasants...
Luiz Carlos Bresser-Pereira
Full Text Available Besides analyzing capitalist societies historically and thinking of them in terms of phases or stages, we may compare different models or varieties of capitalism. In this paper I survey the literature on this subject, and distinguish the classification that has a production or business approach from those that use a mainly political criterion. I identify five forms of capitalism: among the rich countries, the liberal democratic or Anglo-Saxon model, the social or European model, and the endogenous social integration or Japanese model; among developing countries, I distinguish the Asian developmental model from the liberal-dependent model that characterizes most other developing countries, including Brazil.
A collection of essays 2011-2014 By following, and reproducing, the cultural turn, the rhetoric of cultural mix and hybridism is disseminated today primarily in its crossing of trade barriers. Cultures reduced to their exchange value function as capital - an accumulative, speculative and, ultimat......A collection of essays 2011-2014 By following, and reproducing, the cultural turn, the rhetoric of cultural mix and hybridism is disseminated today primarily in its crossing of trade barriers. Cultures reduced to their exchange value function as capital - an accumulative, speculative and...
Dietrich, J. Kimball; Wihlborg, Clas
We investigate the effect of changes in capital regulation on the strictness(leniency) of loan terms using a simple model of bank capital requirements andasset quality examinations. Banks offer different levels of `leniency' in the senseof willingness to offer automatic extensions of loans...... rates. As capital requirements increase thedifference between initial capital levels and between interest rates of strict andlenient banks decrease. Thus, higher capital requirements in recessions tend toreduce the interest rate premium paid for leniency. If a recession is interpreted asan increase...... in the required return, the interest rate premium paid for leniency isincreased in recession at a given level of required capital....
Runkle, Q.; Haines, T.; Piper, K.; Leach, S.
To assess and evaluate the impact of the Green Capital: Student Capital project, the partnership (the University of the West of England, the University of Bristol, the Students’ Union at UWE, and Bristol Students’ Union) worked with NUS to train a team of students from both universities to lead an evaluation process. There were two key aims for the evaluation: \\ud \\ud • To verify the quantitative outputs of the Green Capital: Student Capital project; \\ud • And to make a qualitative assessment...
Vladimir Cvijanovic; Denis Redzepagic
The paper analyses the typology of capitalism in Croatia. The Croatian form of capitalism is specific, in form and origin, with links between the pre-independence and post-independence periods, implying that capitalism has gradually evolved – from the political during the eighties towards current clientelistic capitalism. The manufacturing focus aims to facilitate the analysis of institutional, political and economic changes over the past forty years, emphasising the implications of instituti...
Blouin, J.; Huizinga, H.P.; Laeven, L.; Nicodeme, G.
Abstract: This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using
B. Jacobs (Bas); A.L. Bovenberg (Lans)
textabstractThis paper analyzes optimal linear taxes on capital and labor incomes in a life-cycle model of human capital investment, financial savings, and labor supply with heteroge- nous individuals. A dual income tax with a positive marginal tax rate on not only labor income but also capital
Waldstrøm, Christian; Svendsen, Gunnar Lind Haase
a dual focus on social capital as both immediately and potentially productive resources, i.e. assets that can be immediately capitalized by individuals as well as ‘cultivated' for future use. We argue that to further operationalize this concept we must distinguish between actual/potential social capital...
A collection of essays 2011-2014 By following, and reproducing, the cultural turn, the rhetoric of cultural mix and hybridism is disseminated today primarily in its crossing of trade barriers. Cultures reduced to their exchange value function as capital - an accumulative, speculative and...
Thöni, Christian; Tyran, Jean-Robert; Wengström, Erik Roland
We show that the standard trust question routinely used in social capital research is importantly related to cooperation behavior and we provide a microfoundation for this relation. We run a large-scale public goods experiment over the internet in Denmark and find that the trust question is a proxy...
Brunner, Markus; Ostermaier, Andreas
This study investigates the sabotage of investments in response to hurdle contracts as a means of formal control in capital budgeting. We conduct a laboratory experiment to examine factors that drive or inhibit sabotage. Sabotage occurs when the manager provides false information to prevent...
Meer-Kooistra, Jeltje van der; Zijlstra, Siebren M.
In today’s knowledge-based economy intellectual capital (IC) is becoming a major part of companies’ value. Being able to manage and control IC requires that companies can identify, measure and report internally on IC. As financial accounting rules ban full disclosure of IC in the annual report the
Full Text Available This paper looks at the difficulties of managing modem capital projects and endeavors to reduce the complexities to simpler and more understandable terms. It examines the project environment, defines project management and discusses points of difference from traditional management. In the second part of the paper are presented fundamentals for project success for different types of projects.
Hougaard, Jens Leth; Smilgins, Aleksandrs
Risk capital allocation problems have been widely discussed in the academic literature. We consider a company with multiple subunits having individual portfolios. Hence, when portfolios of subunits are merged, a diversification benefit arises: the risk of the company as a whole is smaller than th...... of new axioms related directly to the problem of risk capital allocation and show that the Lorenz set satisfies these new axioms in contrast to other well-known coherent methods. Finally, we discuss how to deal with non-uniqueness of the Lorenz set.......Risk capital allocation problems have been widely discussed in the academic literature. We consider a company with multiple subunits having individual portfolios. Hence, when portfolios of subunits are merged, a diversification benefit arises: the risk of the company as a whole is smaller than...... the sum of the risks of the individual sub-units. The question is how to allocate the risk capital of the company among the subunits in a fair way. In this paper we propose to use the Lorenz set as an allocation method. We show that the Lorenz set is operational and coherent. Moreover, we propose a set...
Austin, Robert D.; Meister, Darren
It took 19 years to build Knight Capital Americas LLC into the largest market maker on the New York Stock Exchange, but on August 1, 2012, it took only 45 minutes for the firm to be wiped out by an information technology (IT) problem: a change in the company's software caused it to lose more than...
This paper contributes to current debates on the relationship between globalisation and higher education. The main argument of the paper is that we are currently witnessing transnationalisation of academic capitalism. This argument is illustrated by examining the collaboration between transnational corporations and research universities, and how…
Thöni, Christian; Tyran, Jean-Robert Karl; Wengström, Erik Roland
Research on social capital routinely relies on survey measures of trust which can be collected in large and heterogeneous samples at low cost. We validate such survey measures in an incentivized public good experiment and show that they are importantly related to cooperation behavior in a large...
The paper presents the social capital as the essential element of success of the Reggio Emilia preschools known for their unique approach to the early childhood education. The collaborative effort is introduced through examples of the currently ongoing "Reggio Narrates" project of Reggio preschools, the "Dialogue with the…
Flor, Christian Riis
This paper analyzes a firm's capital structure choice when assets have outside value. Valuable assets implicitly provide a collateral and increase tax shield exploitation. The key feature in this paper is asset value uncertainty, implying that it is unknown ex ante whether the equity holders ex...
Cong, Ronggang; Termansen, Mette; Brady, Mark
return but replenishes SOC. We find that managing soil natural capital can, not only improve farm profit while reducing the risk, but also reduce the downside risk. Prudent adaptation to future risks should therefore consider the impact of current agricultural management practices on the stock of soil...
To strategically manage human capital in education means restructuring the entire human resource system so that schools not only recruit and retain smart and capable individuals, but also manage them in ways that support the strategic directions of the organization. These management practices must be aligned with a district's education improvement…
I examine the causal relation between social capiatl and corruption. A simple model illustrates potential mechanisms and yields testable implications, which I estimate in a sample of European countries. The estimated effect of social capital on corruption is found to be robust to the inclusion...... redistribution, which in turn reduces corruption....
Andersen, Ida Gran; Jæger, Mads Meier
to be higher in low-achieving schooling environments than in high-achieving ones. These results support the cultural mobility explanation and are in line with previous research suggesting that children from low-SES families benefit more from cultural capital than children from high-SES families....
Oscar Acera Manero
Full Text Available Social capital consists of the contributions of members and associates, both mandatory and voluntary. From an accounting point of view, it is a liability figure that expresses the value of a portion of the equity of the cooperative. Its inclusion in the liability is not the fact that it is a debt but by its nature unenforceable.
Kropacheva A. V.
Full Text Available The author estimates administrative freezing of capital construction as a type of punishment for violating laws in this sphere. The article provides the mechanism of freezing of capital construction as a serious alternative for fine sanctions
The popular mythology surrounding the U.S. venture-capital industry derives from a previous era. Venture capitalists who nurtured the computer industry in its infancy were legendary both for their risk taking and for their hands-on operating experience. But today things are different, and separating the myths from the realities is crucial to understanding this important piece of the U.S. economy. Today's venture capitalists are more like conservative bankers than the risk takers of days past. They have carved out a specialized niche in the capital markets, filling a void that other institutions cannot serve. They are the linch-pins in an efficient system for meeting the needs of institutional investors looking for high returns, of entrepreneurs seeking funding, and of investment bankers looking for companies to sell. Venture capitalists must earn a consistently superior return on investments in inherently risky businesses. The myth is that they do so by investing in good ideas and good plans. In reality, they invest in good industries--that is, industries that are more competitively forgiving than the market as a whole. And they structure their deals in a way that minimizes their risk and maximizes their returns. Although many entrepreneurs expect venture capitalists to provide them with sage guidance as well as capital, that expectation is unrealistic. Given a typical portfolio of ten companies and a 2,000-hour work year, a venture capital partner spends on average less than two hours per week on any given company. In addition to analyzing the current venture-capital system, the author offers practical advice to entrepreneurs thinking about venture funding.
Full Text Available Pese a contar con unas de las mejores estadísticas de los países en desarrollo, existen lagunas en las series económicas de Chile, las cuales se han corregido a lo largo de los años. El trabajo conjunto de los autores ha permitido conocer las similitudes y diferencias entre una evaluación basada en las estadísticas chilenas y otra elaborada con las estadísticas del comercio exterior del G-3 (Alemania, Estados Unidos y Gran Bretaña. El objetivo del artículo es contrastar las series de inversión en maquinaria para Chile desde 1856 hasta 1930 y servir de base para otros estudios que quieran aportar nuevas series que permitan entender el desarrollo de Chile en el largo plazo.Despite having the best statistics in developing countries, there are a number of gaps in Chile's economic series, which have been being corrected over the years. Our joint work has allowed knowing the similarities and differences between series made from the Chilean statistical yearbooks and official trade statistics of G-3 (Germany, USA and Great Britain. The article aims to contrast both machinery investment series for Chile from 1856 to 1930 and provide a basis for other studies that want to make new series for understanding the development of Chile in the long term.
There are some myths about American capitalism. Some of them are (1) Capitalism made America the richest nation, (2) Capitalism is based on self interest, and (3) America has democracy. We show that the survival of capitalism is based on several powerful conspiracy theories. We briefly describe these conspiracies. Our analysis is based on the following principles: (a) Laws of conservation, (b) System theoretic concepts, and (c) The global space time (GST) environment. Using these princip...
Edward Simpson Prescott
Auditing is introduced into a model of bank capital regulation. Deterministic and stochastic auditing strategies are studied. Contrary to intuition, auditing of bank risk should be focused on the safest banks because they hold the least amount of capital. Risky banks, which hold more capital, need to be audited less. The importance of auditing by regulators and penalties for non-compliance are discussed in light of the Basel II capital regulation proposals. Emphasis is placed on the importanc...
Full Text Available Tax planners often choose debt over equity financing. As this has led to increased corporate debt financing, many countries have introduced thin capitalization rules to secure their tax revenues. In a general capital structure model we analyze if thin capitalization rules affect dividend and financing decisions, and whether they can partially explain why corporations receive both debt and equity capital. We model the Belgian, German and Italian rules as examples. We find that the so-called Miller equilibrium and definite financing effects depend significantly on the underlying tax system. Further, our results are useful for the treasury to decide what thin capitalization type to implement.
De Jonghe, O.G.; Öztekin, Ö.
We examine the dynamic behavior of bank capital using a global sample of 64 countries during the 1994-2010 period. Banks achieve deleveraging through active capital management (equity growth) rather than asset liquidation. In contrast, they achieve leveraging through passive capital management
Madsen, Susan R.
Suggests that one of the most important keys for improving individual and organizational performance is in developing and strengthening intellectual capital (IC) and explores the similarities and differences between the concepts of intellectual capital, human capital, and knowledge management. Presents four IC characteristics and addresses the…
Lassen Hanan, Anne
This paper outlines the major schools within social capital theory. Contemporary authors such as Coleman, Putnam and Bourdieu are elaborated on. The paper also presents a non-exhaustive review on studies of social capital. Furthermore, a criticial discussion on social capital is reviewed, before...
Ohashi, Yuki; Taguchi, Atsuko; Omori, Junko; Ozaki, Akiko
Harnessing community assets may help public health nurses address health inequalities. Cultural factor is one such asset, which is assumed to be capital in a community. Cultural capital is a key concept for understanding the causes of public health issues. This paper provided an in-depth analysis of "cultural capital" as a concept. Rodgers' evolutionary methodology was used for concept analysis. Forty-two studies published in English between 1998 and 2015 were retrieved from MEDLINE by searching for "cultural capital" in the title field. Antecedents of cultural capital included "educational environment," "belongingness in one's social group," "existing health/social inequalities," and "daily behavior." Cultural capital's identified attributes were "social cultivation," "reproductive rubric," "practical knowledge," and "autogenic ability." Cultural capital's consequences were "improving productivity," "reducing health/social inequality," and "enhancing well-being." Cultural capital is defined as capital characterized by cultivation, rubric, knowledge, and ability. These aspects of cultural capital are typically autogenic, and accumulate and reproduce through lifelong community membership. Cultural capital reduces inequality and ultimately enhances the well-being of individuals and the community through bonding, bridging, and linking economic and social capital. © 2017 Wiley Periodicals, Inc.
Da Rin, Marco; Penas, Maria
Venture capital investors are specialized financial intermediaries that provides funding for technological innovation with the goal of realizing a capital gain within a few years. We are the first to examine the association of venture capital funding with a company’s choice of innovation strategies.
Green, Alan C.
Although colleges and universities have been aggressive in making capital improvements to conserve energy, their efforts have been hampered by limited capital funds. Decisions about capital investments tend to be complex because of the interrelatedness of conservation strategies and the need to consider the cost advantage of alternatives.…
Frederiksen, Anders; Kato, Takao
Using Danish registry data covering the population of Danish workers, we provide new and robust evidence with external validity on the importance of the breadth of human capital for top management appointments, and support/enrich the human capital theory of corporate leadership by Gibbons...... and Waldman and Lazear. Our analysis allows for both internal promotion and external recruitment as means to achieve top management appointments, and yields additional findings: the breath of human capital is more important in mature firms, as predicted by the theory; and the concept of firm-specific human...... capital applies to the breadth of human capital....
Rasmussen, Grane Mikael Gregaard; Edwards, Kasper
Performance systems and social capital are considered mutually exclusive. Contemporary studies show that social capital is essential in generating performance improvement. This raises an important question: “How do performance systems and social capital correspond?” This study draws on findings...... from a study on implementation of a performance system in Danish construction. The results show causalities between implementing the performance system and the emergence of social capital in construction projects. Results indicate that performance systems and social capital is not mutually exclusive...
Shayegheh Ashourizadeh, Shayegheh; Rezaei, Shahamak; Schøtt, Thomas
Abstract: It is widely acknowledged that entrepreneurs’ human capital in form of education and social capital in form of networking are mutually beneficial and also that both human and social capital benefit their performance. Here, the hypothesis is that human and social capital, in combination......, provide added value and jointly add a further boost to performance, specifically if the form of exporting. Global Entrepreneurship Monitor provides data on 52,946 entrepreneurs, who reported on exporting and networking for advice. Hierarchical linear modelling shows that human capital promotes social...
... contains regulatory documents #0;having general applicability and legal effect, most of which are keyed #0...-AD 87 Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy, Transition Provisions, Prompt Corrective Action, Standardized Approach for Risk-Weighted Assets, Market...
This article argues that there is a fundamental contradiction between a profit-oriented economic system and long-term environmental sustainability. The 'solutions' that are proposed by mainstream environmental economists as well as their 'ecological economy' colleagues do not solve the central...... problems, but serve to further highlight the difficulties of changing capitalism towards sustainability. In a profit-oriented economy, capital accumulation is a prime driving force, and non-growth for the economy at large tends to result in serious economic and social crises. On the other hand, a de......-coupling of economic growth from resource depletion and environmental degradation is possible only within certain sectors or product types and within relatively short time perspectives. The assumptions of mainstream economists about infinite economic growth (and infinite dematerialisation) represent a false ontology...
Full Text Available En la teoría económica existen distintas definiciones de capital: capital físico, el capital en recursos naturales, el capital financiero, el capital en infraestructura económica, el capital en infraestructura social y el capital humano. Todos ellos son condiciones necesarias para que un país alcance el desarrollo económico y social y un alto estándar y calidad de vida de sus habitantes, pero no suficientes puesto que hace falta una categoría adicional de capital. En los últimos años ha surgido el análisis de una nueva categoría: el Capital Social. El concepto se ha convertido en uno de los temas más debatidos de las ciencias sociales y políticas. Se refiere a un elemento invisible, etéreo, menos tangible que el capital humano (conocimientos y/o habilidades de los individuos o el capital físico (bienes materiales, pero que resulta decisivo para la actividad productiva, la satisfacción de las necesidades personales y el desarrollo comunitario y de una sociedad toda.
Claver Cortés, Enrique; López-Gamero, María D.; Molina-Azorín, José F.; Zaragoza Sáez, Patrocinio del Carmen
Purpose – Faced with increasing environmental problems, traditional methods for transmitting information regarding corporate environmental actions are insufficient. Accordingly, the purpose of this paper is to suggest the environmental capital report, the knowledge map and the balanced scorecard as alternative instruments to provide the environmental information needed to develop internal corporate activity and meet the requirements of society. Design/methodology/approach – A practical approa...
Olga Sergeevna Miroshnichenko
Full Text Available Searching of sources to increase the capitalization of Russian banks is an important economic problem for both the national and regional economy. Moreover, a strong capital base allows to credit institutions to meet the demands of economic agents for banking service. The research focuses on the choice of sources of regulatory capital for the banks of Tyumen region in the context of changing supervisory requirements in the period of 2005–2016, in different phases of the business cycle. We apply econometric methods of statistical information using IBM SPSS Statistics software. We have calculated the individual correlations of regional banks’ capital with gross domestic product (GDP (excluding gross regional product (GRP and GRP (with the exception of the effect of GDP. These calculations have shown that the capital of regional banks is related only to GDP. The increase in the capital of regional banks is accompanied by a change in its structure: the share of authorized capital has halved, and the share of subordinated debt has grown. All sources of capital, other than the reserve fund, are related to GDP. Authorized capital is associated with the profit of profitable lending institutions; retained earnings in the capital of regional banks — with the aggregated amount of risks of the banking system of the Russian Federation. Subordinated debt, like capital as a whole, is negatively affected by the profitability of the banking sector. The change in the capital of regional banks is determined by the change in retained earnings, subordinated debt and reserve fund. Modelling of these relations has allowed to obtain a system of equations. This system synthesizes linear regression models of changing the capital of regional banks in the context of their sourcing. The results of this study are significant for theoretical justification and practical development of a balanced financial policy of regional banks. Our research will contribute to
Juan Manuel FERNÁNDEZ SORIA
Full Text Available RESUMEN: En este artículo se estudian las influencias de los macromodelos nacionales europeos en la política educativa española. Francia y su especial influjo en aspectos políticos y administrativos proporciona los principios que atraen a muchos protagonistas de la educación española durante el primer tercio del XX; Alemania, junto a la sistematización de su pensamiento ofrece una pedagogía propiciadora de un socialismo humanista y una ética nueva; el modelo de formación de minorías que caracteriza la pedagogía inglesa fascina a liberales y conservadores. La influencia de la Rusia soviética es visible sobre todo durante la República en guerra, un momento éste en el que, y hasta mediados del siglo, la educación del régimen de Franco conoce también el peso de la pedagogía nazi sobre todo en la organización de la juventud y en experiencias de asistencia social, y de la pedagogía del fascismo italiano en la política educativa del primer franquismo. A partir de entonces la influencia en la política educativa española corresponde a los organismos internacionales.ABSTRACT: The influence European macro models have upon Spanish educational policy, is studied in this article. France and its special influence in political and administrative aspects, provides the principles which attract many protagonists of the Spanish education during the first third of the 20th century. Germany, with the systematisation of its thoughts, offers a pedagogy that propitiates a humanist socialism and a new ethic. The model of education of minorities, characteristic of English pedagogy, fascinates both liberals and conservatives. The influence of the Soviet Russia is visible above all during the Republic in times of the Civil War, moment in which, and until about the middle of the 20th century, Franco’s regime education also knows the weight of nazi pedagogy, specially in youth organisations and in social work experiences, and the Italian’s fascism
Figallo, Beatriz J.
Full Text Available From the end of the nineteenth century until the middle of the twentieth, the Gran Chaco was a zone of conflict. Argentina, Bolivia and Paraguay exercised varied and competing influences in the region, reflecting the intentions of each nation to incorporate the Chaco forcibly as part of larger projects of industrialisation and colonisation. This study examines the implementation of these projects, as well as the resistance they generated in the face of the violence visited upon the inhabitants of the region, whether indigenous peoples, mestizos, or whites. From an anthropological perspective, the work also reassesses conflicts in the Chaco region as a problem in the history of inter-American relations, where non-governmental actors determine links between people and government. The article goes on to consider the national and regional contexts to conflict, in which frontiers and boundaries are further concepts and realities to be assessed.
Desde fines del siglo XIX y hasta mediados del XX, el Gran Chaco constituyó, en procesos asimétricos ejercidos por los estados que terminaron dividiéndose su jurisdicción, la Argentina, Bolivia y Paraguay, una región de disputas, que incluyó guerras, militarización de límites, forzada incorporación en los desarrollos industrializadores y colonizadores. Este trabajo busca conocer la ejecución de aquellas políticas y las resistencias generadas, en espacios que fueron tanto de concertaciones, como de conflictos frente al poder y a la violencia ejercida sobre sus pobladores, indios, mestizos y blancos. El objetivo es también contribuir a enriquecer la historia de las relaciones interamericanas, a través de una perspectiva antropológica, en donde actores no estatales configuran vínculos entre pueblos y gobiernos, y asimismo de una mirada que se dirija simultáneamente hacia la consideración de los contextos nacionales y regionales, en donde fronteras y límites son nociones y realidades a
Jackson, Matthew O.
I provide a typology of social capital, breaking it down into seven more fundamental forms of capital: information capital, brokerage capital, coordination and leadership capital, bridging capital, favor capital, reputation capital, and community capital. I discuss how most of these forms of social capital can be identified using different network-based measures.
Thomas I. Palley
Full Text Available This paper reexamines the issue of international financial capital mobility, which is today's economic orthodoxy. Discussion is often framed in terms of the impossible trinity. That framing distorts discussion by representing capital mobility as having equal significance with sovereign monetary policy and control over exchange rates. It also distorts discussion by ignoring possibilities for coordinated monetary policy and exchange rates, and for managed capital flows. The case for capital mobility rests on neo-classical economic efficiency arguments and neo-liberal political arguments. The case against capital mobility is based on Keynesian macroeconomic inefficiency arguments, neo-Walrasian market failure arguments, and neo-Marxian arguments regarding distortion of the social structure of accumulation. Close examination shows the case for capital mobility to be extremely flimsy, pointing to the ideological dimension behind today's policy orthodoxy.
Matthias Reeh Michael; Molina Roa Nelson Andrés
Al ser un país miembro de la Unión Europea (UE), la nación austriaca ha venido incorporando paulatinamente las International Financial Reporting Standards (IFRS), Normas Internacionales de Información Financiera (NIIF) en español, a sus procesos contables y de revelación de información financiera en remplazo de las normas nacionales locales conocidas como Unternehmensgesetzbuch (UGB). Durante este proceso de convergencia, el principio prudencia ha entrado en crisis dentro del marco conceptual...
Leal, Ana María Correa; Assmus, Gustavo Correa
Colombia es un país reconocido mundial-mente por su riqueza ecológica, la cual se trata de preservar mediante muestras representativas, contenidas en diversas áreas de los parques nacionales naturales; sin embargo, su gestión amerita la incorporación de elementos modernos, para que el proceso administración-conservación haga eco en la sostenibilidad deseada. Para ello, se propone retomar la historia y realidad de las áreas en unión con la definición de Nueva Delhi, otros elementos concomit...
Salazar G, Alberto; Santa María, Arturo; Solano R, Isabel; Lázaro V, Catherine; Arrollo S, Silvana; Araujo T, Virginia; Luna R, Denisse; Echazu I., Carlos
Se realizó un estudio descriptivo transversal, en diez Instituciones Educativas Nacionales del distrito de El Agustino– Lima, aplicándose un cuestionario a adolescentes hombres y mujeres (n=1109), indagando acerca de conocimientos de planificación familiar, métodos anticonceptivos y usos; infecciones de transmisión sexual, inicio de relaciones sexuales y comunicación familiar con los padres acerca de sexualidad. Se reveló conocimientos sobre sexualidad calificados como malo en un 50% (n=632)...
Blanco Andray, Alfredo; Rubio Sánchez, Agustín
Los inventarios Forestales Nacionales se perfilan cada vez más como inventarios de sistemas foestales. La información cualitativa y cuantitativa, referida hasta el presente a las especies forestales, contendrá o debería contener unos supraniveles de información referidos a los llamados sistemas forestales, sin prescindir del nivel específico tradicional. Estos sistemas forestales constituirán un reflejo mucho más ajustado de nuestra "realidad forestal" y, por tanto, facilitarán la política de...
Antonio Romualdo Márquez González; Sara Rubí Tovar Hernández; Verónica Alejandra Mondragón Jaimes
El objetivo de este trabajo es saber si los turistas nacionales conocen la calidad bacteriológica del agua de mar de los sitios que visitaban en los municipios de San Blas, Compostela y Bahía de Banderas del estado de Nayarit. El estar oportunamente informados de los comunicados que emiten las autoridades ambientales y de salud, sobre la calidad del agua de mar de los principales destinos de playa y que podría representar una herramienta de suma importancia para planear el desplazamiento para...
The study analyses the capital income taxation of foreign-source income, where residence and source criteria are the two well-known tax criteria. The study presents a globally optimal tax rule which equalizes the shadow price of capital in the countries and which is assumed to be a weighted average of the return on savings and on investment, i.e. depending on the gross rate of return to the extent that capital contributes to the capital used, and on the net interest rate to the extent that ca...
Oscar Alejandro Goyes Viteri
Este documento busca dar a conocer el tema de la inversión en capital humano a través de la celebración de contratos atípicos y utilizando la fiducia mercantil y la titularización como vehículos financieros. Por medio de estos contratos un estudiante obtiene los recursos que requiere para financiar su educación superior, a cambio de entregar un porcentaje de sus ingresos después de su graduación a quien financió la operación.
This paper merges economic geography and relational capital perspective in order to analyze the proximity-based antecedents of relational assets in brokerage. It investigates empirically the role and interplay of geographical and cognitive proximity between a broker and her buyers in a quantitative...... case- study. Its contribution is threefold: first, I distinguish between the effects of cognitive and geographical proximity and explore empirically their interplay on the relational assets. Second, I contribute to the under-researched field of studying the social context of relations by accounting...
Oscar Alejandro Goyes Viteri
Full Text Available Este documento busca dar a conocer el tema de la inversión en capital humano a través de la celebración de contratos atípicos y utilizando la fiducia mercantil y la titularización como vehículos financieros. Por medio de estos contratos un estudiante obtiene los recursos que requiere para financiar su educación superior, a cambio de entregar un porcentaje de sus ingresos después de su graduación a quien financió la operación.
Oscar Alejandro Goyes Viteri
Full Text Available Este documento busca dar a conocer el tema de la inversión en capital humano a través de la celebración de contratos atípicos y utilizando la fiducia mercantil y la titularización como vehículos financieros. Por medio de estos contratos un estudiante obtiene los recursos que requiere para financiar su educación superior, a cambio de entregar un porcentaje de sus ingresos después de su graduación a quien financió la operación.
Full Text Available In this paper, I will try to offer a very concise overview of the development of the capitalism after the World War II. Specific historical constellation in the postwar period has enabled the development of Keynesian project in response to the crisis of the Great Depression. However, due to the inherent contradictions of the capitalist system, the Keynesian project has exhausted itself by the beginning of the 1970s, which caused a new crisis. This opened the way for the return of neo-liberal theory and neo-liberal policies that dominates today.
Full Text Available En este artículo se buscan establecer las bases para una transformación del tradicional triángulo comunicativo emisor-mensaje-receptor, por un esquema que haga alusión a la dinámica social de la comunicación relacionada con lo público: actores-escenarios-sentidos. De esta forma, es posible conformar guías para la acción y encontrar en los actores ciudadanos de comunicación, la conformaciónde un capital social para la democracia.
McCue, M J; Ozcan, Y A
This study analyzes the determinants of hospital capital structure in a new market setting that are created by the financial pressures of prospective payment and the intense price competition among hospitals. Using California data, the study found hospital system affiliation, bed size, growth rate in revenues, operating risk, and asset structure affected both short- and long-term debt borrowings. In addition, percentage of uncompensated care, profitability, and payer mix influenced short-term borrowings while market conditions and ownership affected long-term borrowings. Most significant of all is the finding that smaller hospitals tend to borrow more, possibly because they cannot generate funds internally.
Svendsen, G.L.; Svendsen, Gert Tinggaard
What are the roots of social capital and how can it be measured and built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society...... and allows more transactions to take place without third-party enforcement. Theory and lessons from empirical evidence lead to the general recommendation that any loss in social capital must be deducted from the economic gain following market forces. For example, the voluntary organization of small......-sized groups in the Danish Cooperative Dairy Movement was eliminated due to economies of scale. It may be so that an alternative way of production, taking social capital into account, could have increased economic growth further....
The author proposes a conceptual model to explain the diverse roles of social capital--resources embedded in social networks--in the social production of health. Using a unique national U.S. sample, the author estimated a path analysis model to examine the direct and indirect effects of social capital on psychological distress and its intervening effects on the relationships between other structural antecedents and psychological distress. The results show that social capital is inversely associated with psychological distress, and part of that effect is indirect through subjective social status. Social capital also acts as an intervening mechanism to link seven social factors (age, gender, race-ethnicity, education, occupational prestige, annual family income, and voluntary participation) with psychological distress. This study develops the theory of social capital as network resources and demonstrates the complex functions of social capital as a distinct social determinant of health.
Ignacio Perrotini Hernández
Full Text Available En este artículo contrastamos el modelo de Thirlwall (1979 y el de Clavijo y Ros (2015 que ofrecen explicaciones dicotómicas del crecimiento económico de largo plazo. Proponemos, además, un modelo en el que la acumulación de capital y la tasa de crecimiento de la productividad del capital determinan la tasa de crecimiento económico de largo plazo consistente con una posición constante de la balanza de pagos como porcentaje del PIB. Aplicamos este modelo para explicar las causas del lento crecimiento de la economía Mexicana durante el periodo 1982-2014. Nuestro análisis empírico nos conduce a la conclusión de que la drástica disminución de la demanda interna de bienes nacionales y de las tasas de acumulación neta de capital y de la productividad del capital es significativa para explicar el estancamiento de la economía Mexicana. Asimismo, las elasticidades ingreso de la demanda de exportaciones y de importaciones también explican, aunque en menor medida, ese estancamiento.
Horváth, Roman; Seidler, Jakub; Weill, Laurent
This paper examines the relation between banks’ capital and liquidity creation. This issue is of interest to determine the potential impact of higher capital requirements for banks on their liquidity creation, which may have particular importance with new Basel III reform demanding from banks higher capital. We perform Granger-causality tests in a dynamic GMM panel estimator framework on an exhaustive dataset of Czech banks from 2000 to 2010.
This paper reviews the case for and against mandatory legal capital rules. It is argued that legal capital is no longer an appropriate means of safeguarding creditors' interests. This is most clearly the case as regards mandatory rules. Moreover, it is suggested that even an 'opt in' (or default) legal capital regime is unlikely to be a useful mechanism. However, the advent of regulatory arbitrage in European corporate law will provide a way of gathering information regarding investors' prefe...
Lorenzo Rocco; Beatrice d'Hombres
In this paper, we explore one mechanism that may underlie the negative relationship between social capital and smoking: whether social capital strengthens the effect of anti-smoking regulations. We use data on smoking behaviors collected immediately before and after the implementation of smoking bans in public places in Germany in order to determine whether the impact of these bans on smoking prevalence and intensity is greater among individuals richer in social capital. We find that smoking ...
This paper revisits some of the issues originally put forward by the author as the theory of capital market inflation, in the book The End of Finance (Toporowski 2000). The paper makes much clearer the key assumptions and relationships between the operations of the capital market dominated by institutional investors, and the balance sheets of companies. In this way, it presents a theory of how macroeconomic dynamics may be affected by disequilibrium in the capital market.
Watts, R.L.; Levinson, T.M.
Many nations have become aware of the importance of new technical developments in maintaining/regaining a competitive edge in the world marketplace. There are many national, state and local programs designed to reduce the time required to move new technology from the laboratory to the marketplace. These programs tend either to emphasize research or to assist entrepreneurs. Less emphasis appears to be placed on programs that encourage the development of intellectual capital (innovative inventions) that result from applying research discoveries in materials, electronics, optics, sensors, etc., to solve energy conservation problems and improve industrial productivity. A uniquely successful US Department of Energy (DOE) program in the Office of Energy Utilization Research (located in the Office of Conservation) is exploring methods of encouraging innovative invention. This ''invention laboratory,'' called the Innovative Concepts Program, applies cost-effective methods to encourage the process by which scientifically sound ideas are turned into innovative energy-saving concepts, i.e., intellectual capital. This paper briefly describes that ''invention laboratory,'' its methods and the very encouraging results attained to date. 3 figs., 3 tabs.
Rogers, M M; Rothe, K
A.J. Hogan, in "Capital Expenditure Planning: The Value of Information to Hospitals," published in 1987 in Hospital and Health Services Administration, illustrated the value of information to the expenditure process. He noted that knowing what your competitors are up to, as well as where your facility stands in the market, can enable all concerned to make better judgments. One of the likely outcomes of good judgments is the efficient use of all resources. Unfortunately, Hogan's model draws on a non-existent computerized regional planning agency with the authority to approve or deny proposals. Integrated strategic financial planning also illustrates the value of information. In this case, information is readily available. The sources are the administrators: finance, accounting, marketing, and planning experts, doctors, nurses, statisticians, and epidemiologists. Each can make a unique contribution to the process, and together they can effectively guide the organization's capital budgeting programs. We have illustrated that there does exist a planning model that can work with the plurality of viewpoints in today's hospitals to produce the "most informed" decisions with known sensitivity to the decision criteria used.
Emilio José Chaves Márquez
Full Text Available La metodología que procesa los datos primarios usados para elaborar las Cuentas Nacionales se aborda desde tres lados: 1 La fórmula del PIB de Kuznets y las Tablas Insumo-Producto de Leontief; 2 El documento SNA- 93 de las Naciones Unidas (System of National Accounts, versión 1993 y 3 Una propuesta alterna de manejo. El análisis es proyectado a las cifras empíricas oficiales de Colombia en 1990. Se cuestionan los conceptos que subyacen el modelo implícito en el SNA-93. La propuesta alternativa de Cuentas Nacionales de Insumo-Producto incluye entre otros elementos: 1 el retorno al concepto de Valor-Agregado clásico, 2 la eliminación del PIB y el Output en el análisis, 3 disminución del número de precios, variables, ajustes y cuadros empleados, 4 manejo homogéneo contable para todos los sectores, basado en flujos de ingresos y pagos a precios reales de mercado.
José Garriga Zucal
Full Text Available El fútbol fue un lugar privilegiado en donde se construían narrativas nacionales. Hoy ya no es un eficaz fundador de narrativas identitarias. El más popular de los deportes en la Argentina ya no es una zona de anclaje de lo nacional sino, por el contrario, un área donde reina la fragmentación y las identidades locales. Antaño, el éxito de la selección nacional y la importación de jugadores constituyó, a partir de la década del ’20 hasta hace pocos años, eficaces narrativas nacionales. Desde los 90 y tal vez un poco antes, el fútbol en la Argentina se tribaliza y deja de constituirse en marca identitaria de lo nacional para marcar las señas de pertenencia de pequeños colectivos, un club determinado, un barrio o una región. Reconociendo este desplazamiento, propongo en este trabajo analizar las concepciones de los hinchas de un club determinado sobre lo nacional afín al fútbol.
James Martín Cypher
Full Text Available La ausencia de proyectos nacionales que permitan institucionalizar las capacidades innovadoras endógenas en América Latina ha constituido un impedimento estructural crítico al desarrollo. Se presenta en este artículo un análisis de los temas relacionados con la tecnología y el desarrollo desde una perspectiva heterodoxa. Gran parte de las naciones abandonaron sus esfuerzos incipientes por desarrollar un grado de autonomía tecnológica en contraste con los emprendimientos arrancados durante el periodo de la industrialización dirigida por el Estado. Este artículo hace hincapié en las políticas tecnológicas montadas durante este periodo y las prospectivas actuales. Para anclar el trabajo, presentamos un análisis comparativo entre los casos dimétricos de México y Brasil, enmarcado en las estructuras institucionales generadas por el poder económico y la ideología dominante, siendo los factores determinantes en la formulación de las políticas nacionales de ciencia y tecnología.
Full Text Available The International Convergence of Capital Measurements and Capital Standards was finally published on June 26, 2004 by the Basel Committee on Banking Supervision. This framework is known in the market as Basel II and it replaces the current framework (Basel I for banks as to how they calculate their capital requirements. The Basel II describes a more comprehensive measure and minimum standard for capital adequacy that national supervisory authorities are implementing through domestic rule-making and adoption procedures. It seeks to improve on the existing rules by aligning regulatory capital requirements more closely to the underlying risks that banks face. In addition, the Basel II is intended to promote a more forward-looking approach to capital supervision.
Full Text Available Venture capital (VC is an important fund source for small and medium enterprises (SMEs and start up, particularly to deliver its main product of equity participation. Therefore, capital structure and factors that affect it are very crucial. This study aims to analyze the capital structure of VC firms in Indonesia using econometric model of panel data regression. This study utilizes secondary data of six years period (2009-2014 monthly financial statements of 27 samples out of 58 VC firms to form 1,944 observations. The study reveals that capital structure of VC firms in Indonesia is dominated by debt/loan rather than capital with DER on average is 136.95%. In addition, the research confirms that VC firms’ capital structure is affected simultaneously by financial aspects which are asset size, profitability, liquidity, asset/investment quality, and earning asset structure. The attentions to financial aspects that affect the VC firms’ capital structure as well as other initiatives related to capital increases are necessary so that the VC firms could carry out its role effectively.
B. Jacobs (Bas); A.L. Bovenberg (Lans)
textabstractThis paper analyzes optimal linear and non-linear taxes on capital and labor incomes in a life-cycle model of human capital investment, financial savings, and labor supply with heterogenous individuals. A dual income tax with a positive marginal tax rate on not only labor income but also
, it is demonstrated that several studies substantiate that urban community gardens create social capital, both bonding and bridging, and exhibit indications of linking. It is moreover identified how there is much to be learned from future research, illuminating how urban community gardens can foster social capital...... focus on the structural dimensions of social capital, in addition to the cognitive dimensions, as this would yield a more nuanced depiction of social advantages of urban community gardening.......There is a continuing debate regarding urban community gardening’s benefits to local communities, and a particularly interesting branch of this debate has focused on community gardens capacity to encourage and facilitate social interaction, which may generate social capital. Social capital...
Newman, Carol; Tarp, Finn; Khai, Luu Duc
In this paper, we analyze household savings in rural Vietnam paying particular attention to the factors that determine the proportion of savings held as formal deposits. Our aim is to explore the extent to which social capital can play a role in promoting formal savings behavior. Social capital...
Allan, Julie; Catts, Ralph
This paper reports on the significance of social capital in relation to education, exploring its relevance to teachers and other professionals as well as among young people. It draws on aspects of five case studies undertaken by the Schools and Social Capital Network, within the Applied Educational Research Scheme in Scotland. These case studies…
Nikonov, Oleg I.; Vlasov, Vladimir E.; Medvedeva, Marina A.
In the paper we describe a model of operational risk of economic capital estimation and allocation based on Loss Distribution Approach (LDA). Bank's total losses are modeled through Monte-Carlo simulations of its business units' losses. It allows to fairly distributing the corresponding capital between business units in order to assess and manage their risk adjusted performance.
Bekele, Wosen; Escobedo, Eva; Allen, Robert
Avascular necrosis of the capitate is a rare entity. The most common reported etiology is trauma. We report a case of avascular necrosis of the capitate in a patient with chronic wrist pain that began after a single episode of remote trauma. PMID:22470799
Bekele, Wosen; Escobedo, Eva; Allen, Robert
Avascular necrosis of the capitate is a rare entity. The most common reported etiology is trauma. We report a case of avascular necrosis of the capitate in a patient with chronic wrist pain that began after a single episode of remote trauma.
Da Rin, M.; Penas, M.F.
Venture capital is a specialized form of financial intermediation that often provides funding for costly technological innovation. Venture capital firms need to exit portfolio companies within about five years from the investment to generate returns for institutional investors. This paper is the
Reports that some universities are starting their own venture-capital funds to develop campus companies, or are investing endowment funds with established venture-capital firms inclined to finance potential spinoffs from campus research. Examples cited are from the University of Alabama, Vanderbilt University (Tennessee), University of…
Svendsen, Gunnar Lind Haase; Patulny, Roger
The purpose of this paper is to show that numerous studies have advanced social capital research over the past decade. Most studies have accepted the theoretical distinction between bonding and bridging social capital networks. Many, however, tend to agglomerate empirical research under the one...
... the view that bank holding companies generally should operate with capital positions well above the... elevated risk posed to the financial system by large bank holding companies and the importance of capital... would be extended to apply to large savings and loan holding companies and nonbank financial companies...
Edelweiss, Danila Lorens
Através de uma pesquisa realizada com empresas rio setor de varejo, é realizada uma análise do conjunto de indicadores de capital intelectual com o objetivo de buscar evidências que empresas que apresentam melhores indicadores de capital intelectual, também apresentam melhores resultados financeiros.
This article describes San Diego's capital planning process. As part of its capital planning process, the San Diego Unified School District has developed a systematic analysis of functional quality at each of its school sites. The advantage of this approach is that it seeks to develop and apply quantifiable metrics and standards for the more…
'Full text:' The emerging fuel cell industry is characterized by global cooperation and partnerships in commercial, technical, and financial aspects. In this talk, we would like to provide observations about international venture capital focused on fuel cells globally. The talk will refer to experiences Conduit Ventures has had with its portfolio companies and other investors in various countries. We discuss our approach to working with portfolio companies who are geographically remote from our main office in London. We also discuss the process of making investment decisions on possible investments in various countries. The talk will conclude with insights and 'lessons learned' which may be of interest to fellow members of Fuel Cells Canada. (author)
How do professions affect the configuration of political economies worldwide? This study addresses the question through interviews with members of a new transnational profession - wealth management - whose innovations are reshaping the balance of power in global finance. Wealth managers specialize...... in helping elites avoid taxes and other forms of regulation. The study documents how the means through which they achieve this objective - shifting billions in private capital wealth between Asia, Africa, India and Europe - and how this affects the balance of regional economic power. Drawing from...... and international policy-making bodies to advance the interests of the profession and its wealthy clients; and 3) by writing the fiscal legislation of some jurisdictions. Through these mechanisms, the profession has reconfigured political and economic power trans-nationally, shifting the world’s financial center...
A collection of essays 2011-2014 By following, and reproducing, the cultural turn, the rhetoric of cultural mix and hybridism is disseminated today primarily in its crossing of trade barriers. Cultures reduced to their exchange value function as capital - an accumulative, speculative and...... essays, Slavko Kacunko discusses the process art by crossing the disciplines of art history and comparative media-, visual- and -cultural studies. As a first approximation, several historiographical remarks on closed-circuit video installations underline their importance as a core category of process art....... In the second part, the problems of process art, seen as a threshold of art history, are further examined in another retroanalytical step, in which concepts and objects related to `mirror', `frame' and `immediacy' are analyzed as the triple delimitation of visual culture studies. In the third part, previously...
Ejlskov, Linda; Mortensen, Rikke N; Overgaard, Charlotte
BACKGROUND: The concept of social capital has received increasing attention as a determinant of population survival, but its significance is uncertain. We examined the importance of social capital on survival in a population study while focusing on gender differences. METHODS: We used data from...... a Danish regional health survey with a five-year follow-up period, 2007-2012 (n = 9288, 53.5% men, 46.5% women). We investigated the association between social capital and all-cause mortality, performing separate analyses on a composite measure as well as four specific dimensions of social capital while...... controlling for covariates. Analyses were performed with Cox proportional hazard models by which hazard ratios and 95% confidence intervals were calculated. RESULTS: For women, higher levels of social capital were associated with lower all-cause mortality regardless of age, socioeconomic status, health...
Carrillo Álvarez, Elena; Riera Romaní, Jordi
Social capital is defined as the resources available to individuals and groups through membership in social networks. However, multiple definitions, distinct dimensions and subtypes of social capital have been used to investigate and theorise about its relationship to health on different scales, creating a confusing picture. This heterogeneity makes it necessary to systematise social capital measures in order to build a stronger foundation in terms of how these associations between the different aspects of social capital and each specific health indicator develop. We aim to provide an overview of the measurement approaches used to measure social capital in its different dimensions and scales, as well as the mechanisms through which it is presumed to influence health. Understanding the mechanisms through which these relationships develop may help to refine the existing measures or to identify new, more appropriate ones. Copyright © 2016 SESPAS. Publicado por Elsevier España, S.L.U. All rights reserved.
Çakmak, Erdinç; Lie, Rico; Selwyn, Tom
This article examines informal entrepreneurs’ capital usage and conversion in the Thai tourism sector. On the Bourdieusian assumption that people perpetually transform tangible and intangible forms of capital, this study seeks to answer how informal tourism entrepreneurs transform intangible capital
.... Multiple Credit Risk Mitigants 2. Collateralized Transactions a. Eligible Collateral b. Risk-management... Provisions, Prompt Corrective Action, Standardized Approach for Risk-weighted Assets, Market Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital Rule; Final...
Full Text Available La gestión de las áreas protegidas en el actual contexto de cambio global requiere de aproximaciones que permitan caracterizar y seguir el funcionamiento de los ecosistemas. La teledetección ofrece herramientas para ello, ya que proporciona índices que informan reiteradamente y para grandes porciones de territorio, de los intercambios de materia y energía que tienen lugar entre la biota y la superficie terrestre. Considerando este principio, y la cada vez mayor disponibilidad de información satelital de calidad y facilidad de uso, desarrollamos junto con el Organismo Autónomo de Parques Nacionales de España (OAPN, un sistema de seguimiento que complementa a otras iniciativas desarrolladas por este organismo para informar del estado de conservación de los parques nacionales. El sistema, denominado REMOTE, se basa en el empleo de los índices de vegetación espectrales (IVs de uso más extendido (EVI -índice de vegetación mejorado- y NDVI -índice de vegetación normalizado-, derivados de la serie temporal de imágenes satelitales del sensor MODIS-Terra. El sistema permite avanzar en la identificación de las condiciones de referencia para la comprensión y predicción de las respuestas de los ecosistemas frente a perturbaciones e intervenciones, y de los cambios direccionales que éstos están experimentando (tendencias. Así mismo ayuda a la detección de anomalías recientes que alertan de cambios bruscos en el funcionamiento de los ecosistemas. REMOTE se caracteriza porque usa como indicadores tres atributos relacionados con las ganancias de carbono anuales (productividad primaria neta por parte del dosel vegetal, su estacionalidad y fenología. Además, está diseñado y programado con software libre y gratuito, lo que permitirá modificar o implementar mejoras en él fácilmente. Su implementación tiene como objetivo informar a los tomadores de decisiones y gestores de la Red de Parques Nacionales de España de la salud y estado
National Capital Planning Commission — Transcripts of the monthly (with the exception of August) National Capital Planning Commission meeting transcripts are provided for research to confirm actions taken...
Bersem, Mario; Perotti, Enrico; von Thadden, Ernst-Ludwig
frictions do not naturally arise in a static framework, or even in a dynamic framework if capital market frictions are reversible. But if capital market frictions can be made to p ersist over time, we show that young workers favor capital market frictions as a way to smo oth income, especially if wealth......We present a positive theory of capital market frictions that raise the cost of capital for new firms and lower the cost of capital for incumbent firms. Capital market frictions arise from a political conflict across voters who differ in two dimensions: (i) a fraction of voters owns capital...
Full Text Available Objective: The main objective of this study is to define and operationalize the concept of immigrant capital, a key factor that differentiates immigrant from host country entrepreneurs in how they recognize and start new ventures. Research Design & Methods: A detailed analysis of contemporary immigrant entrepreneurship and opportunity recognition literature was carried out. Using grounded theory, we synthesized the outcomes from the analysis of eight Canadian and U.S. case studies of successful immigrant entrepreneurs with the key findings from the literature to define and develop a model of immigrant capital. Findings: Based on our grounded theory development process we show that the concept of immigrant capital as a distillate of human, cultural, economic and social capital that goes beyond expected opportunity recognition (OR drivers like prior knowledge and prior experience to differentiate and enhance the immigrant entrepreneur’s ability to recognize business opportunities compared to host country entrepreneurs. We found immigrant capital to be a consequence of being boundary spanners in host and home country networks. Implications & Recommendations: Understanding a unique resource like immigrant capital, will help immigrant as well as host country entrepreneurs further develop their opportunity recognition ability by bridging gaps and fulfilling the needs for both, immigrant and host country consumers. Contribution & Value Added: The main contribution is the theoretical development, identification and definition of the immigrant capital model and propositions that will articulate the factors that lead to the conceptualization and operationalization of immigrant capital. Furthermore, the immigrant capital model can serve host country entrepreneurs to develop cross-cultural networks and jump-start entrepreneurial activities in their home countries as well as learn how to expand their operations into global markets.
Murthy, Vijaya; Mouritsen, Jan
interviews. This allows the development of a nuanced account of the performance of intellectual capital. This account questions the universality of the linear model typically found in statistical studies. The model makes it possible to show how items of intellectual capital not only interact but also compete......'s budgeting processes. Research limitations/implications – The findings suggest future development of accounts of the role and performance (strength) of intellectual capital be developed around imaginative, perhaps recursive and certainly dynamic, statistical models and/or more inclusive case studies...
This conceptual paper analyses why social capital is important for learning and economic development, how it is created and its geography. It argues that with the rise of globalisation and learning-based competition, social capital is becoming valuable because it organises markets, lowering...... business firms' costs of co-ordinating and allowing them flexibly to connect and reconnect. The paper defines social capital as a matrix of various social relations, combined with particular normative and cognitive social institutions that facilitate co-operation and reciprocity, and suggests that social...
Prieur, Annick; Savage, Mike
This paper takes stock of recent research on patterns of cultural engagement in various European nations, with specific reference to British and Danish research. It argues that Bourdieu's original theorisation of cultural capital in ‘Distinction’ needs to be significantly updated to register...... the decline of ‘highbrow’ culture which these studies reveal. However, we argue that this shift does not entail the erosion of cultural capital itself, or the rise of the ‘cultural omnivore’, so much as the emergence of a form of ‘cosmopolitan cultural capital’. We argue that this emerging cultural capital...
Adrián Osvaldo Ravier
Full Text Available The essay examines Schumpeter’s understanding of the capitalist process and develops a critical analysis of his explanation of why capitalism cannot survive. Part I deals with how Schumpeter understood capitalism. Part II studies why –- from his point of view — capitalism couldn’t survive. Part III analysis why it is actually socialism, as a socio-political alternative, that is impractical and must collapse from contradictions inherent in it. Part IV presents some final reflections, presenting the public choice and the thought of James M. Buchanan, as an alternative to the pessimist Schumpeterian view.
A theoretical argument is presented to suggest that engineering curriculum be designed to develop social capital. Additionally, the value of social capital in the retention of students in the College of Engineering, and the development, role, and value of social capital in an electrical engineering laboratory is evaluated. Data collected includes participant observations, informal and formal student interviews, and a researcher-designed survey. Social capital consists of interaction among individuals (networks), social rules that encourage interactions such as trust and reciprocity (norms), and the value of these networks and norms to the individual and the group. A large body of evidence suggests that social capital is valuable in terms of retention and multiple measures of academic achievement. The importance of social capital in retention was verified by students that have left engineering and those that remain, in terms of interactions with peers, teaching assistants, and engineering faculty; and a lack of sense of community in freshman engineering courses. Students that have left engineering differed in their perceptions of social capital from those that remain in their frustrations with teaching methods that encourage little discussion or opportunities to ask questions about assumptions or approaches. The open-ended nature of laboratory assignments, extensive required troubleshooting, and lack of specific directions from the teaching assistants were found to encourage the development of social capital in the laboratory setting. Degree centrality, a network measure of social capital as the number of ties an individual has within a social network, was found to be positively correlated with laboratory grade. Student perceptions of the importance of interactions with other students on success in the laboratory setting has a negative model effect on academic achievement in the laboratory. In contrast, student perceptions of the quality of interactions with
Full Text Available The paper analyses the typology of capitalism in Croatia. The Croatian form of capitalism is specific, in form and origin, with links between the pre-independence and post-independence periods, implying that capitalism has gradually evolved – from the political during the eighties towards current clientelistic capitalism. The manufacturing focus aims to facilitate the analysis of institutional, political and economic changes over the past forty years, emphasising the implications of institutional changes which have to a great extent, apart from the war of course, influenced the evolution of capitalism. The paper finds that the transition generated a number of costs, mainly generated by the state (fall in employment, manufacturing and social capital. The claim that the manufacturing industry has inherited low competitiveness neglects the necessary discussion on the role of the state in the formation of industrial policy and market actions. It is also an ex post argument for the claim that restructuring should have been implemented prior to privatisation as this would reduce negative impacts. Institutional changes led to a drastic reduction of the role of the manufacturing sector in the economy. The main finding in this paper is that the change in the interaction between the financial and the real sectors of the economy, the educational system and industrial relations system exposed the vulnerability of the current institutional environment. Despite similarities, institutional advantages of political capitalism are lost in the new type of Croatian capitalism, due to the complexity of the double transition process and the institutional or socio-economic particularities.
Saavedra, Roque Martin
This research, while centered upon capital development, will concentrate its efforts on explaining the urgent contingencies behind its destructive aspects. If capitalism in order to advance must destroy the past, what are the sources and effects of this inexorable tension between creation and destruction? Moreover, what are the principles of this contradictory logic that determines destruction in order to make progress? This research will not investigate the totality of the destructive...
Full Text Available This paper investigates different components on intellectual capital including human capital, structural capital and customer capital in banking industry in city of Salmas, Iran. The study uses the questionnaire developed by Bontis (1998 [Bontis, N. (1998. Intellectual capital: an exploratory study that develops measures and models. Management Decision, 36(2, 63-76.] to measure the effects of human capital. The questionnaire consists of 42 questions and all of them are designed in Likert scale. Cronbach alphas for human capital, structural capital and relationship capital were calculated as 0.79, 0.76 and 0.72, respectively. The implementation of Kolmogorov-Smirnov test has indicated that the data were normally distributed. Using t-student test, the study determined that while management team did not pay enough attention on human capital, there were some statistically significant evidence that social and relationship capitals gained good attention.
Full Text Available The purpose of this research is to examine the influence of intellectual capital and its components, represented by physical capital (capital employed, human capital, and structural capital,on financial performance of mining and manufacturing companies listed in Indonesia Stock Exchange (Bursa Efek Indonesia – BEI period of 2010 – 2012. Total population observed during this research shows 169 mining and manufacturing companies.The sample was determined by purposive sampling method and found a total of 70 samples as the research subjects. The analytical technique for the quantitaive data uses a statistical tool, i.e. multiple regression. Intellectual capital and its components were measured by Pulic Model, while financial performance uses Return on Equty (ROE ratio. The results show that intellectual capital and human capital have negative influence, yet insignificant, impacton companies financial performance. While physical capital (capital employed and structural capital do have positive influence but not significanton companies financial performance.
Fraga Fernández-Cuevas, Mª J.
Full Text Available A partir de diversos documentos (catálogos debibliotecas, manuales escolares, libros de texto ocrítica, revistas femeninas e infantiles y materialepistolar se analiza el acercamiento de los primerosEpisodios Nacionales de Benito Pérez Galdós allector infantil y juvenil, desde su fecha primera depublicación hasta el franquismo. Este fue muy diferentesegún la laicidad y confesionalidad de centroseducativos y bibliotecas. La intervención familiartuvo probablemente un papel decisivo, en el quepudo haber influido la versión infantil de Galdós,de la cual se resalta su discutible tono didáctico alcompararla con la versión original.
José Francisco Monge Chinchilla
Full Text Available La celebración de elecciones infantiles o de personas menores de edad es un ejercicio cívico que se realiza de forma simultánea a las elecciones nacionales y se convierte en un espacio de formación ciudadana, donde diversas organizaciones públicas y privadas cumplen con la responsabilidad social de apoyar al sistema democrático, con el soporte técnico y logístico del Tribunal Supremo de Elecciones. Estas elecciones permiten que la niñez y la juventud costarricense de diferentes localidades del país fortalezcan sus valores y actitudes para la vida en democracia.
María Jesús Fraga Fernández-Cuevas
Full Text Available A partir de diversos documentos (catálogos de bibliotecas, manuales escolares, libros de texto o crítica, revistas femeninas e infantiles y material epistolar se analiza el acercamiento de los primeros Episodios Nacionales de Benito Pérez Galdós al lector infantil y juvenil, desde su fecha primera de publicación hasta el franquismo. Este fue muy diferente según la laicidad y confesionalidad de centros educativos y bibliotecas. La intervención familiar tuvo probablemente un papel decisivo, en el que pudo haber influido la versión infantil de Galdós, de la cual se resalta su discutible tono didáctico al compararla con la versión original.
Bodinier, Bernard; Universidad Nacional Mayor de San Marcos, Lima - Perú.
Bajo la presión de la opinión y los privilegiados, el rey Luis XVI accedió a convocar los Estados Generales para la primavera de 1789. Después de haber abolido el feudalismo, el 4 de agosto de 1789, la Asamblea Nacional Constituyente* decidió poner «los bienes eclesiásticos a disposición de la Nación», dando así inicio al proceso «revolucionario» de las nacionalizaciones. En virtud de las conquistas realizadas por los ejércitos de la nueva República, la legislación sobre los Bienes Nacionales...
Full Text Available El texto tiene por objeto discutir los Institutos Nacionales de Ciencia y Tecnología brasileños (INCTs en el contexto de la sociedad funcionalmente diferenciada Latinoamericana. El texto describe el estado del arte de la innovación, en ese contexto, caracterizará los INCTs en el ámbito del pensamiento sistémico ap licado a la innovación, señalando las consecuencias que resultan de estas caracterizaciones para la Política Pública aplicada a la ciencia, tecnología e innovación (Políticas Públicas aplicado a CTI. El texto concluye con la necesidad de rediscutir y prof undizar la operacionalidad de los INCTs.
GARCÍA AHUMADA, Félix Santiago; LLANOS CUENTAS, Alejandro
Objetivos: Determinar algunas características de la demanda de capacitación del personal administrativo de los hospitales nacionales del Ministerio de Salud en Lima y Callao correspondientes al año 2003. Materiales y Métodos: Se elaboró y validó un instrumento para la recolección de datos, el mismo que fue completado por las 224 personas que conformaron la muestra. Resultados: Los temas de capacitación más demandados fueron, en planificación, plan operativo; en economía, gestión económico fin...
Marc LE CALVEZ
Full Text Available RESUMEN: El tercer choque petrolero (1999 favoreció las aspiraciones nacionalistas de varios gobiernos de la región amazónica andina en el sector petrolero. El objetivo de este estudio consiste en explicar los contrastes en los procesos de rediseño de los sistemas de gobernanza petrolera entre Ecuador y Venezuela, a partir del análisis de las políticas nacionales de cada uno de estos países. ABSTRACT: The third oil boom (1999 supported the nationalist aspirations of some governments in the Amazon-Andean Region. The main purpose of this article is to explain the differences in the process of redesign of the oil governance systems between Ecuador and Venezuela, from the perspective of the national policies of each country.
Porteous, Bruce; Tapadar, Pradip
The impact that capital structure and capital asset allocation have on financial services firm economic capital and risk adjusted performance is considered. A stochastic modelling approach is used in conjunction with banking and insurance examples. It is demonstrated that gearing up Tier 1 capital with Tier 2 capital can be in the interests of bank Tier 1 capital providers, but may not always be so for insurance Tier 1 capital providers. It is also shown that, by allocating a bank or insuranc...
Keuschnigg, Christian; Nielsen, Søren Bo
In this paper we set up a model of start-up finance under double moral hazard.Entrepreneurs lack own resources and business experience to develop their ideas.Venture capitalists can provide start-up finance and commercial support. The effortput forth by either agent contributes to the firm......'s success, but is not verifiable. Asa result, the market equilibrium is biased towards inefficiently low venture capitalsupport. The capital gains tax becomes especially harmful, as it further impairsadvice and causes a first-order welfare loss. Once the capital gains tax is in place,limitations on loss off......-set may paradoxically contribute to higher quality of venturecapital finance and welfare. Subsidies to physical investment in VC-backed startupsare detrimental in our framework.Keywords: Venture capital, capital gains taxation, double moral hazard.JEL-Classification: D82, G24, H24, H25...
Full Text Available The purpose of this paper is to examine the association between corporate governance and Intellectual capital in the pharmaceutical companies accepted in Tehran Stock Exchange over the period 2004-2009 using a regression based model. The study investigates the impacts of three some independent variables of the corporate governance (i.e. the number of board members, the relative extent of nonexecutive to executive directors, the auditing committee. The results suggest that corporate governance had no special effect on intellectual capital in the pharmaceutical companies. Furthermore among corporate governance's variables, the first one (i.e. board size had negative impact on firms' intellectual capital and the second and the third variables had no effects on intellectual capital.
Prieur, Annick; Savage, Mike
- the claims that there are forms of emotional, subcultural or national cultural capital at work - The claim about cosmopolitanism or an international orientation as a distinctive feature of the culturally privileged classes The paper responds to the first theme announced in the call for this conference......This paper reviews recent European studies to assess whether cultural capital now has the same characteristics – or may be rather the same functions - as when Distinction was written. The paper will examine empirical applications of the concept of cultural capital in leading European studies...... – and hence are highly appropriate for direct comparisons with that study. This paper will begin by raising general issues regarding the meaning of the concept, and about how one may make assessments and claims about cultural capital. Here we consider how the legitimacy of certain cultural competencies...
Ileana Contreras Montes de Oca
Full Text Available En el artículo se analizan las perspectivas de los grupos responsables de la conducción de la educación de las matemáticas del país, en el nivel secundario, respecto al papel que han tenido las pruebas nacionales en su problemática actual. La identificación de tales perspectivas se obtuvo como producto de un trabajo de investigación cuyo objetivo inicial no incluyó a las pruebas nacionales como categoría de estudio, pero en el que el papel de éstas aparece como un factor relacionado con la problemática analizada. Se describe brevemente el trabajo de investigación que generó los resultados objeto de examen. El análisis se realiza utilizando como referente los estudios y posiciones emitidas en otros contextos, respecto a la utilización de pruebas nacionales y al empleo de modelos de evaluación similares al nuestro. Se señalan algunas fortalezas y debilidades del uso de las pruebas nacionales y se anotan algunas recomendaciones que se derivan del trabajo
Japan is the leading supplier of sophisticated capital goods to East Asian countries. These goods embody advanced technologies and facilitate learning and productivity growth. Capital goods also represent 30%-40% of Japan's exports. This paper investigates the determinants of these exports. Results from dynamic ordinary least squares estimation indicate that exports depend on exchange rates, income in the importing countries, and downstream countries' exports to the rest of the world. Results...
Vladimir Nikiforovich Belkin
Full Text Available In the article, the main theoretical questions of the organizational capital of the enterprise are considered. The concept of «organizational capital of the enterprise» as a system consisting of three subsystems (organization of production, labour organization and management is introduced. It is shown that the organizational capital forms the labour relations system at the enterprise consisting of the cooperation, technological, economic, moral labour relations and the relations of workers’ responsibility. The model of cyclic evolution of crisis at the enterprise caused by shortcomings of the organizational capital is revealed. It is shown that the organizational capital is a basis for the realization of the human capital, which creates value added. A considerable attention is paid to the experience of the creation and functioning of the organizational capital at the enterprises of the Japanese corporation «Toyota». The Russian economic literature on crisis management quite often considers only the financial aspects of diagnostics, proposing the optimization of cash flows, elimination of excess stocks, transition to the medium-term budgeting and others. However, the deep reasons of crisis need to be found not only in financial streams, but also in the system of the work relationships. The shortcomings in the development of technological, cooperation, economic, moral labour relations and the relations of responsibility directly reflects the shortcomings in the development of the elements of the organizational capital as they «are adjusted» by these elements. In turn, organizational problems affect the product quality leading to the customer attrition and decrease in the enterprise’s financial performance. The lack of financial resources cause the need to save costs (first of all, on personnel, that was brightly shown by the economic crisis of 2009 that even more weakens the enterprise and system of labour relations. Finally, the
Kirill G. Skripkin
Full Text Available The paper describes a new approach to the description of organizational capital in enterprise architecture. This approach is focused on internal consistency of organizational mechanisms and their fit to the requirements of technologies in use and key employees. The description rests on Henry Mintzberg organizational design theory. The value of this description is demonstrated for the case of influence of Ministry of Education and Science policy on the organizational capital of the Russian university.
This paper reviews capital taxation issues in Italy based on a comprehensive definition encompassing taxes on income, transactions, and ownership. It discusses options to enhance the neutrality of the capital income tax system, followed by a detailed analysis of the property tax, the inheritance tax, and various transaction taxes. The paper also examines the case for replacing the set of existing taxes on financial and real assets with a single net wealth tax.
Pihl, Patricia; Albertsen, Karen; Hogh, Annie; Andersen, Lars Peter Sønderbo
Workplace bullying is a serious stressor with devastating short- and long-term consequences. The concept of organizational social capital may provide insights into the interactional and communicative dynamics of the bullying process and opportunities for prevention. This study aimed to explore the association between organizational social capital and being a target or observer of workplace bullying. Based on self-reported cross-sectional data from a large representative sample of the Danish working population (n = 10.037), logistic regression analyses were conducted to explore at the individual level the associations between vertical and horizontal organizational social capital with being a target or observer of workplace bullying. In the fully adjusted models, low organizational social capital (vertical and horizontal) was associated with significantly increased odds ratios of both self-labelled (vertical: OR = 3.25; CI = 2.34-4.51; horizontal: OR = 3.17; CI = 2.41-4.18) and observed workplace bullying (vertical: OR = 2.09; CI = 1.70-2.56; horizontal: OR = 1.60; CI = 1.35-1.89), when compared with high organizational social capital. This study supports that characteristics of the psychosocial work environment are of importance in the development of workplace bullying, and provides focus on the importance of self-reported organizational social capital.
Reardon, T M
Both the general approach for entering into a managed care contract and the subject of capitation are presented. The general approach section outlines the criteria that a physician group should apply in analyzing the feasibility of entering into a managed care contract with any insurer. The physician group's contracting process should be iterative and refined over time. The capitation section addresses issues revolving around the assessment of a capitated contract. The example assumes a typical health maintenance organization-primary care group contract. Not analyzed in this article are the exciting opportunities presented through specialty carveout capitation. Managing the transition to a more competitive environment will be the major challenge facing group practices. Survival in the tightening healthcare market will depend on sound strategic decisions regarding the physician group's mission as well as its relationship to its hospital partners and other delivery systems. To support these strategic decisions, a solid knowledge base and a thorough understanding of the terms and provisions regarding the formulation of these new relationships are necessary. The budget methodology is a relatively straightforward approach to establishing a capitation. Careful consideration will have to be given to the method of allocating the capitation among providers. A special concern is the risk-sharing arrangement with primary care physicians.
There has been a recent surge of interest in social economics and social capital. Articles on social capital that are published in the last five years constitute more than 60 percent of all articles on social capital. Research on social capital is now massive and spans sociology, economics, management, political science and health sciences. Despite this interest there is still not a consensus on the definition and the measurement of social capital. This paper argues that this is due to lack o...
The purpose of this paper is to develop a conceptual framework for the evolution offinancial reporting on capital market. Due to the worlwide changes, the role of financial reportingin capital market is constantly growing. Financial reporting analyzed through market perspective isstrongly correlated with issues like: capital allocation, financial statements, internationalaccounting standards and informational valences. Capital market research emphasizes the need forqualitative and transparent...
... capital directive may be based on a savings association's noncompliance with the risk-based capital... or its rate of liability growth, or imposing restrictions on the savings association's payment of... of the capital directive and (ii) The proposed contents of the capital directive. (3) Response to...
... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Capital stock. 725.5 Section 725.5 Banks and... ADMINISTRATION CENTRAL LIQUIDITY FACILITY § 725.5 Capital stock. (a) The capital stock of the Facility is divided... or hypothecated except to the Facility. (b) The capital stock subscriptions provided for in §§ 725.3...
be attributed to individuals, affecting their relationship with the external environment. Secondly, social capital is an inherent property of networks, into which smaller firms and entrepreneurs are embedded. Thirdly, social capital exists at the macro level, where its characteristics and availability varies...... between environments and nations. This contribution attemps to fascilitate the operationalization of social capital for an improved understanding of processes of internationalization of smaller firms and entrepreneurs.......This contribution introduces the notion of social capital and discusses integration into the studies on internationalization of smaller firms and entrepreneurs. Integrating social capital into the resource based perspective, we categorize social capital at three levels: firstly, social capital can...
Full Text Available This article entitled Statistical Models of Representing Intellectual Capital approaches and analyses the concept of intellectual capital, as well as the main models which can support enterprisers/managers in evaluating and quantifying the advantages of intellectual capital. Most authors examine intellectual capital from a static perspective and focus on the development of its various evaluation models. In this chapter we surveyed the classical static models: Sveiby, Edvisson, Balanced Scorecard, as well as the canonical model of intellectual capital. Among the group of static models for evaluating organisational intellectual capital the canonical model stands out. This model enables the structuring of organisational intellectual capital in: human capital, structural capital and relational capital. Although the model is widely spread, it is a static one and can thus create a series of errors in the process of evaluation, because all the three entities mentioned above are not independent from the viewpoint of their contents, as any logic of structuring complex entities requires.
Full Text Available The concept of social capital has a long intellectual history in the fie ld of social sciences. In recent years, interest of scholars from sociology, po litical science, economics and public administration is rapidly increasing. The reason for this increasing interest is that it has been aware of the importance of social capital in communities’ administrative, social, economic and political development. In this sense, the concept of social ca pital is an issue to be discussed with solution of current problems of public administration, subjects of governance, civil society, and participation. Social capital has a lot of definitions which are completely different from each other. Common point of these different definitions is that social capital is a resource at both individual and community level. We will use Robert Putnam’s defi nition about social cap ital in this paper. Putnam (1993 defines social capital as “features of social organization, such as trust, norms, and networks that can improve the efficiency of society by facilitating coordinated action”. In his book; Bowling Alone: The Collapse and Revival of the American Community, Putnam describes declining social capital in America. He analyzes relationship between social capital and civic participation and assumes that there is a positive relationship between social capital and civic participation. The paper aims to reveal how there is a relationshi p between social capital and civic participation in Central Florida. We will use “The Central Florida Social Capital Community Benchmark Survey that is made by The Survey Research Labora tory in the Ins titute for Social and Behavior Sciences at the University of Central Florida among central Florida residents. We use notion of civic participation not only as voting but also as concern of politics, volunteering, attending a political meeting, participating in any demonstrations, protests or boycotts, cooperating to solve problems and
This paper studies income-redistribution effects from labor migration in a small open economy under alternative assumptions on the international mobility of capital. Our principal result is that induced international capital flows dampen or may even reverse redistribution effects. However, as long as the location of capital is unaffected by migration redistribntion effects may be greater if some of the capital is foreign owned, depending on whether labor and capital are friends or enemies. On...
van Roye, Björn; Wesselbaum, Dennis
We implement capital in an endogenous separations New Keynesian matching model. In contrast to the vintage capital theory, we suggest a more general approach, such that workers have unrestricted access to a proportional share of the capital stock. We find that the introduction of capital generates an important channel for the transmission of aggregate productivity shocks, using capital-labor trade-off. The model generates higher volatilities of key variables and therefore enhances the perform...
Danthine, Jean-Pierre; Jin, Xiangrong
Recent studies have found unmeasured intangible capital to be large and important. In this paper we observe that by nature intangible capital is also very different from physical capital. We find it plausible to argue that the accumulation process for intangible capital differs significantly from the process by which physical capital accumulates. We study the implications of this hypothesis for rational firm valuation and asset pricing using a two-sector general equilibrium model. Our main fi...
Robinson, J C
Medical groups need financial resources yet most retain no earnings and have no reserves. Physician practice management (PPM) companies have recognized the need for investment and the scarcity of indigenous capital in the physician sector and are rushing to fill the void. Resources are being contributed by venture capitalists, bond underwriters, private investors, pharmaceutical manufacturers, health plans, hospital systems, and public equity markets. The potential contribution of PPM firms is to nurture the intellectual capital of leading physician organizations and diffuse it throughout the health care system. The risk is that short-term financial imperatives will impede necessary long-term investments.
Full Text Available This article presents an analysis of intellectual capital; its management, features and processes by which intellectual capital of a company can be evaluated. The main elements of intellectual capital (human, structural and relationship capital are presented and used in research. After surveying bibliography, intellectual capital evaluation model, which applies to Lithuanian and Latvian companies operating in the transport sector, is created. The research is based on the value-added intellectual capital factor model, the relationship between indicators, multi-asset return correlation and regression analysis and generation of alternatives to intellectual capital performance-enhancing. Following an assessment of intellectual capital of Lithuanian and Latvian transport sectors, on the basis of the results, it was found that the intellectual capital is a key factor in corporation management to increase revenue. Article in Lithuanian
Full Text Available Social capital has been defined as the resources available to individuals and groups through membership in social networks. The definition is consistent with either an individualistic approach, i.e. resources (such as information or instrumental assistance that are accessed by individuals through their network connections; or a collective approach, e.g. the benefits accruing to members of a group – such as the ability of a community to engage in collective action – as a consequence of the existence of cohesive relationships. While research often restricts itself to a single level of analysis, the benefits (and downsides of social capital accrue to both the individual as well as to the network to which he belongs. In the Dictionary of Epidemiology both the individual and collective levels of analysis were recognized in the definition of social capital.
Frederiksen, Anders; Kato, Takao
Denmark’s registry data provide accurate and complete career history data along with detailed personal characteristics (e.g., education, gender, work experience, tenure and others) for the population of Danish workers longitudinally. By using such data from 1992 to 2002, we provide rigorous...... formal schooling and subsequent human capital obtained informally on the job are found to be complements in the production of career success. Fourth, though there is a large body of the literature on the relationship between firm-specific human capital and wages, the relative value of firm-specific human...... evidence for the first time for the population of workers in an entire economy (as opposed to case study evidence) on the effects of the nature and scope of human capital on career success (measured by appointments to top management). First, we confirm the beneficial effect of acquiring general human...
Full Text Available The current crisis seems to shake the foundations of contemporary society as a whole and generated increasingly more opinions that show the capitalist society has begun and continues to lose ground. This is because capitalism has changed something inside so deeply that eternal truths of capitalism – economic growth, full employment, financial stability – seem to have crashed like the New York twin towers. Beyond all the shortcomings, quite a lot in numbers, known and recognized, the world and those who analyze it agree that , at least so far, has not been invented a better mechanism to obstruct and retain tyranny and so it is possible to consider the evolution of capitalism only in and through democracy.
D. Munk, Martin
This paper analyses the acquisition of informational capital, e.g. academic capital, measured as student mobility, and understood as transnational investments in prestigious foreign educational institutions. In the 1990s, educational “zones of prestige” have especially been the United States......) are more likely than students from other social classes to pursue transnational investments, even though students from the middle and working classes have now entered the competition. This result is also recently found in an analysis of Danish academic emigrants. All in all, the studies confirm...... the hypothesis that students from upper classes are more likely than others to invest in specific informational capital in the field of education, in national environments but also in international settings....
Villalonga-Olives, Ester; Kawachi, Ichiro
Social capital has been defined as the resources available to individuals and groups through membership in social networks. The definition is consistent with either an individualistic approach, i.e. resources (such as information or instrumental assistance) that are accessed by individuals through their network connections; or a collective approach, e.g. the benefits accruing to members of a group - such as the ability of a community to engage in collective action - as a consequence of the existence of cohesive relationships. While research often restricts itself to a single level of analysis, the benefits (and downsides) of social capital accrue to both the individual as well as to the network to which he belongs. In the Dictionary of Epidemiology both the individual and collective levels of analysis were recognized in the definition of social capital. Copyright © 2014 SESPAS. Published by Elsevier Espana. All rights reserved.
Full Text Available Ante la necesidad de monitorizar los cambios en los usos del suelo (referido a menudo por sus siglas en inglés LUCC ocurridos en los parques nacionales (PPNN españoles, como medida para prever tendencias de cambio no deseadas que comprometan la protección del entorno, se presenta un análisis detallado de los LUCC en los parques que conforman la red de parques nacionales, según la metodología descrita en Pontious et al. (2004. Para realizarlo, la conocida base de datos cartográfica Corine Land Cover (CLC resulta imprescindible al tratarse de la única base de datos de usos del suelo con cobertura en toda España, y con versión multi-temporal contando con la misma clasificación temática en sus tres fechas (1990, 2000 y 2006. Como resultado del análisis de cambio, se investigaron las dinámicas en todos los parques y se determinó una serie de indicadores de dinamismo de cambios de los usos del suelo en la que se captaron las tendencias de cambio que suponen un peligro para los valores naturales, los servicios de los ecosistemas o los hábitats de los parques. Se entiende que los parques en sí mismos, definidos por un límite, dentro del cual se aplican restricciones severas a las actividades que pueden tener lugar, no puede conservarse si en sus inmediaciones se permite la degradación del medio. Por ello, se ha estudio no sólo cada uno de los parques que componen la red sino también sus zonas colindantes. El análisis permitió determinar las dinámicas de cambio que afectan a los parques y a sus zonas limítrofes sobre dos periodos distintos (1990-2000 y 2000-2006, poniendo de manifiesto los riesgos existente a la vez que su evolución temporal.
Melo Alves, Fernanda Maria
Full Text Available TICs facilitate the compilation, preservation and diffusion of the information in digital format. The national library, as other patrimonial institutions, have made the necessary adaptations to integrate the digital world in order to do this mission. So, the national library website must perseve the digital national information must respect some formal, informative and ergonomic conditions in order to its Web access. In this paper we aim to investigate the use of web sites phenomenon. The work comprises an approach to the website of National Libraries of Brazil and Portugal in order to analyse and evaluate them with some established indicators. The results obtained show strengths and weaknesses related to the quality of the webs in discussion, and pretend to be applicable to National Libraries Website and serve as a reference for present experiences and future developments.
Las TIC han facilitado recopilar, almacenar, tratar, preservar y difundir el patrimonio cultural, científico y la información en general en formato digital. La biblioteca nacional como institución patrimonial, se ha ido adaptando al entorno digital para poder cumplir con la misión que le corresponde. En esta línea, el sitio web de la biblioteca nacional, encargado de alojar y difundir la información digital y digitalizada de la nación, debe cumplir con una serie de condiciones, cometido y objetivos de naturaleza formal, informativa y ergonómica para hacer que su Web sea accesible y garantizar el acceso a la información. Como parte de un trabajo sobre las necesidades de la utilización de las TIC en las bibliotecas nacionales lusófonas, se realiza un estudio de las páginas principales de los sitios web de las bibliotecas nacionales de Brasil y Portugal, identificándose las fortalezas y debilidades existentes en cuanto a la calidad de los mismos, cuyos resultados pueden ser útiles para la mejora o la creación de sitios web.
Full Text Available The Organization for Economic Cooperation and Development (OECD describes human capital as “knowledge, skills, competencies and attributes embodied in individuals that facilitate the creation of personal, social and economic wellbeing.”* It follows from this interpretation that investment in human capital includes the sum of all costs that allow a new being to reach economic autonomy. In this paper we analyze the family and social dimensions of human capital and discuss how decisions on human capital formation are taken and how its associated costs are shared. The discussion leads us to identify an important paradox underlying human capital formation, namely the fact that while families are its main contributors the benefits of such investment go primarily to society as a whole. This paradox and its consequences are central to two very important current issues. The first issue, one that is common to many developed countries, is low female fertility which is the source, in particular, of population aging. The second issue, affecting chiefly developing countries, is the inequality of opportunities, a problem lying at the root of underdevelopment. Two options are discussed to respond to this dilemma, one based on redistributive programs and another on market solutions. The paper discusses the limits inherent to redistributive programs and goes on to present at length the alternative market solution. In a nutshell this consists of securitizing the human capital of individuals so as to finance the expenses leading to their upbringing, from birth to adulthood. In addition to describing this scheme the paper analyzes its advantages as well as the difficulties associated with its implementation. It concludes by exploring possible interpretations of the scheme and feasible routes for its adoption.
Weston, Marla J; Estrada, Nicolette A; Carrington, Jane
The wealth and value of organizations are increasingly based on intellectual capital. Although acquiring talented individuals and investing in employee learning adds value to the organization, reaping the benefits of intellectual capital involves translating the wisdom of employees into reusable and sustained actions. This requires a culture that creates employee commitment, encourages learning, fosters sharing, and involves employees in decision making. An infrastructure to recognize and embed promising and best practices through social networks, evidence-based practice, customization of innovations, and use of information technology results in increased productivity, stronger financial performance, better patient outcomes, and greater employee and customer satisfaction.
The global financial crisis of 2007-2008 changed the landscape of financing a business, affecting all projects that are looking for growth based on access to capital. Non-bank finance and new forms of equity access started to emerge not only for attractive born-global start-ups but also for smaller SME´s with sound and sustainable business plans, creating a stronger link between capital and knowledge. This article aims to open a reflection on the future of the sources of financing for an entr...
The global financial crisis of 2007-2008 changed the landscape of financing a business, affecting all projects that are looking for growth based on access to capital. Non-bank finance and new forms of equity access started to emerge not only for attractive born-global start-ups but also for smaller SME´s with sound and sustainable business plans, creating a stronger link between capital and knowledge. This article aims to open a reflection on the future of the sources of financing for an ent...
Sandrick, Karen M
Today's lending dynamics are leading many hospitals to revisit their strategies for accessing capital: Fixed-rate bonds will likely be a centerpiece of just about any organization's capital structure going forward. Joint partnerships with physicians may provide opportunity for specific service-line strength without heavy investment in facility and equipment. Many hospitals are evaluating the sale of noncore and core assets as well as the use of ground leases or arrangements that would permit them to repurchase the assets at a later time.
Sen Amartya Kumar
Full Text Available En este articulo se examinan las relaciones y diferencias entre el concepto de 'capital humano' y el concepto de 'capacidad humana'. El concepto de capital humano es mas limitado puesto que solo concibe las cualidades humanas en su relación con el crecimiento económico mientras que el concepto de capacidades da énfasis a la expansión de libertad humana para vivir el tipo de vida que la gente considera valedera. Cuando se adopta esa visión mas amplia, el proceso de desarrollo no puede verse simplemente como un incremento del PIB sino como la expansión de la capacidad humana para llevar una vida mas libre y mas digna.In this article the relationships and the differences between the concept of 'human capital' and the concept of 'human capability' are examined. The concept of human capital is more limited since it only conceives human qualities in relation to economic growth, whereas the concept of capabili ties puts emphasis on the expansion of human freedom to live the kind of life that people judge valuable. Whenthis broader vision is adopted, the process of development cannot be seen as simply an increase in the GNP, but rather as the expansion of the human capability to live a more free and worthy life.
Silvio Salej Higgins
Full Text Available A partir de O Capital S ocia! está na moda: aná!isepara sua reconstruido teórica (Salej: 2003, ofrecemos una sinopsis sobre la arquitectura teórica de uno de los conceptos más utilizados en las ciencias sociales durante la última década. En el nivel de la discusión sobre las transformaciones de las democracias del primer mundo (putnam: 2001, cuestionamos la tesis básica de que la merma del asociativismo cívico es el resultado de la modernización tecnológica y su concomitante cultura individualista. Por el contrario y en la misma linea de Rothstein (2001, construimos la hipótesis de que la disminución del capital social, denunciada por Putnam (1995, es correlativa al desmantelamiento de las políticas de asistencia social, con la consecuente caída en los indicadores de equidad. De modo prospectivo se presentan las preguntas- clave y las hipótesis para un programa de investigación alternativo y plausible sobre el capital social. Palabras clave: capital social, asociativismo cívico, integración social, equidad.
Using a theoretical framework, the study proposes an index that can measure the social capital of local action group (LAG) projects. The index is founded on four indicators: number of ties, bridging social capital, recognition, and diversity, which are aggregated into one social capital index. Th...... capital, and a high level of motivation leads to increased social capital........ The index has been tested in LAG-Djursland, Denmark, and the study further investigates whether the organisational affiliation, project financing, and LAG co-financing can explain the degree of social capital accumulation. Furthermore, the author has tested if there are connections between motivation...
Miriasov Iurii О.
Full Text Available Two opposite approaches to the concept of real capital are considered. The presupposition for studying capital within the neoclassical school, which can be characterized as “empirical realism”, is the homogeneity of capital. This allows to apply formal methods of studying and modeling industrial processes but excludes from consideration the properties and characteristics of capital as a real factor of production. The approach of the Austrian school corresponding to traditions of “critical realism” in the economy focuses on real properties of capital and its role in the process of public production. The aim of this study is to clarify the idea of real capital, its properties, structural characteristics and mechanisms of formation. According to this, the characteristic of two different approaches is given. It is shown that the heterogeneity of capital is the basis of complementarity of capital goods and their combinations in each particular case of their application. The same capital goods have different performance depending on the method of their combination as a result of the production plans of entrepreneurs. Emergent properties of capital are also the result of the combination. Differences in the use and combination of capital determine its overall structure, subsystems of which are natural objects at different levels included in the production, capital goods themselves and their various combinations, social capital. Each of these subsystems is relatively independent and forms a higher level subsystem.
Full Text Available El Consejo Europeo de Investigación, en su reunión del 16 de junio de 2000, invitó a la Comisión Europea a crear el llamado «Espacio Europeo de Investigación», en colaboración con los Estados Miembros. Sus objetivos en política de I+D serán tenidos en cuenta en el desarrollo del VI Programa Marco de I+D, para el periodo 2002-2006, que es el principal instrumento financiero con que cuenta la Unión Europea para fomentar la colaboración entre los diversos países en investigación precompetitiva.
Esta iniciativa obliga a establecer una comparación entre las actuales políticas nacionales de investigación en cada país de la UE, para lo que es preciso desarrollar un método que proporcione una evaluación comparativa (benchmarking, entre los países. Dicha comparación se centrará en cuatro temas claves, que se han considerado relevantes para establecer la excelencia científica ...
Luz Irene Pyke
Full Text Available El presente artículo propone el análisis de la composición socio-demográfica del territorio de Misiones a partir de los resultados del censo específico de territorios nacionales de 1920. Este análisis abordará tanto los resultados de este censo, como sus condiciones de producción y los objetivos políticos que inspiraron su realización. A través de este análisis se buscará, en primer lugar, abordar la realización de este censo como parte de la agenda de ampliación de derechos políticos del gobierno radical de la Argentina. En segundo lugar, conocer las características generales de la población de Misiones, en cuanto a su composición según sexo, edades y origen. En tercer lugar, observar las características poblacionales en las zonas fronterizas del territorio. El objetivo será aportar al conocimiento socio-demográfico de Misiones, en tanto permite observar las particularidades en la composición poblacional de las zonas fronterizas que constituyeron los escenarios de un conjunto de movimientos políticos de carácter transfronterizo entre las décadas de 1920 y 1930.
María Victoria Sordini
Full Text Available El presente trabajo tiene por objetivo reflexionar en torno a laspolíticas alimentarias nacionales aplicadas en comedoresescolares y comunitarios desde los años ochenta.Se describió la problemática alimentaria, la trayectoria de loscomedores escolares, el surgimiento de los comedorescomunitarios y las políticas aplicadas a su financiamiento.La metodología utilizada fue la revisión bibliográfica sobre laspolíticas alimentarias de alcance nacional en Argentina desde1983. La lectura cronológica permitió identificar continuidadesy rupturas en la gestión de los programas.Entre los resultados se destacó que los programasalimentarios fueron formulados para contener situaciones deemergencia, sin embargo, los comedores continúan brindandoasistencia alimentaria. También se reflexionó en torno a lamalnutrición y a las prestaciones alimentarias precarias queofrecen los comedores, repitiendo las pautas de las comidas“rendidoras”, que utilizan como estrategia de consumo loshogares de bajos ingresos.
Full Text Available El trabajo analiza los usos de la militancia juvenil en la agrupación La Cámpora en medios de comunicación nacionales durante la campaña electoral 2013. A partir del análisis de material periodístico, se intentara reconstruir los usos del concepto de militancia juvenil político-partidaria, en la cual la principal y prácticamente única protagonista será la agrupación juvenil oficialista La Cámpora. A partir de la sociología de la desviación, y los estudios que analizan las formas de nombrar a los jóvenes, se intentará analizar en qué medida estos usos de la militancia remiten a disputas en torno al deber ser de la juventud en la Argentina actual, así como a una estrategia llevada a cabo por actores opuestos al oficialismo de turno, planteada en el marco de una campaña negativa característica de las campañas electorales que buscó atacar de forma directa a uno de los elementos centrales de la construcción del kirchnerismo: la apelación a la juventud, tanto discursiva como en el ámbito de las políticas públicas.
Félix Santiago GARCÍA AHUMADA
Full Text Available Objetivos: Determinar algunas características de la demanda de capacitación del personal administrativo de los hospitales nacionales del Ministerio de Salud en Lima y Callao correspondientes al año 2003. Materiales y Métodos: Se elaboró y validó un instrumento para la recolección de datos, el mismo que fue completado por las 224 personas que conformaron la muestra. Resultados: Los temas de capacitación más demandados fueron, en planificación, plan operativo; en economía, gestión económico financiera; en logística, gestión logística; en personal; gestión de personal; y en estadística, indicadores estadísticos. El lugar preferido para la capacitación fue el mismo establecimiento hospitalario, el horario fue el vespertino de 14:00 a 17:00 horas (41,07%, y la mayoría de personas prefieren no invertir ningún monto de dinero en capacitación (70,53%. Conclusiones: Estos hallazgos evidencian la existencia de una demanda de capacitación determinada en el personal administrativo en este grupo de hospitales, demanda que debe ser cubierta. (Rev Med Hered 2006;17:42-47.
Full Text Available En la mayoría de los escritos de la élite letrada argentina del XIX, se identificó a la civilización como una manifestación de la identidad nacional, supuesto que las llevó a legitimar su función civilizadora y a impulsar el proceso de consolidación del Estado que requería la ocupación total del territorio, aún en manos de los indígenas a los que se responsabilizaba, junto con los caudillos, del fracaso de la unificación nacional. Desde las estructuras del poder estatal, se definió a los nuevos territorios como espacios vírgenes con infinitas posibilidades y ventajas económicas para explotar. Este argumento político atrajo pobladores -nacionales y extranjeros- que ocuparon y encaminaron la organización productiva de las futuras provincias. En este trabajo se realiza una aproximación al proceso de incorporación y posterior organización institucional de las tierras fronterizas incorporadas con la "Conquista al Desierto". En particular, se analiza la estructura político-administrativa del Territorio Nacional de la Pampa Central, constituido como tal en 1884, con el establecimiento de las primeras autoridades militares destinadas a fundar poblaciones y administrarlas políticamente.
Michael Matthias Reeh
Full Text Available Al ser un país miembro de la Unión Europea (UE, la nación austriaca ha venido incorporando paulatinamente las International Financial Reporting Standards (IFRS, Normas Internacionales de Información Financiera (NIIF en español, a sus procesos contables y de revelación de información financiera en remplazo de las normas nacionales locales conocidas como Unternehmensgesetzbuch (UGB. Durante este proceso de convergencia, el principio prudencia ha entrado en crisis dentro del marco conceptual de las IFRS a cambio del principio valor justo o razonable. Es por ello que este trabajo presenta los principios básicos del sistema austriaco nacional, UGB, en comparación con los de las IFRS con el fin de analizar, por un lado, las razones por las cuales el concepto prudencia entro en crisis y, por otro, si el principio valor justo o razonable es el indicado para remplazar al primero.
Full Text Available The purpose of this paper is to present some of our research results concerning the intellectual capital of universities. This is an important topic of the intellectual research area since universities are knowledge intensive organizations. They contain b
Bruff, Ian; Horn, Laura
In this introduction to the special issue, we provide a brief overview of the two distinct but connected meanings of the phrase ‘varieties of capitalism in crisis’: (1) the crisis of empirical political economies under conditions of capitalist diversity; and (2) the crisis of the institutionalist...
Suzana Braga Rodrigues
Full Text Available Social capital may be defined as social relationships that confer actual or potential benefits. It can therefore beunderstood as a particular type of resource. Recent research has drawn attention to how connections andrelationships (networking both at home and abroad can be crucially important for small and medium-sizedenterprises (SMEs seeking to export or invest abroad. However, relatively little is known about how SMEsinitiate, develop and maintain network relationships. This paper reports a study of 32 British SMEs exporting, orattempting to export, to Brazil and of domestic institutional agencies whose role was to facilitate businessconducted between British and Brazilian SMEs. The study explored both the functions of social capital for theSMEs and the process whereby it was developed. Its findings confirm the value of social capital in internationalentrepreneurship. It can provide information, interpretation, market opportunities, and some degree of protectionagainst the risks associated with foreignness, newness and smallness. The study also confirms the vitalimportance of personal trust in sustaining social capital between small firms.
The debate over the death penalty in the United States has implications beyond our borders. Because of the lack of universal standards governing its use, only those countries which have abolished capital punishment may, with any moral authority, denounce its exploitation as an instrument of political expediency. (IS)
This paper analyzes the relations between social capital, institutions and trust.These concepts are full of ambiguity and confusion.This paper attempts to dissolve some of the confusion, by distinguishing trust and control, and analyzing institutional and relational conditions of trust.It presents a
Gaag, Martin Pieter Johannes van der
The last twenty years have seen the idea of social capital blossoming as a popular and promising new look at phenomena in the social sciences. Essentially a theory that explains how and why relational networks are important for the production of outcomes at the individual and collective level,
Lindgren, Peter; Saghaug, Kristin Margrethe
When practicing business model (BM) innovation releasing intellectual capital (IC) strategically from SME´s BMs through the innovation process can be extremely difficult and complex to carry out especially to small and medium size enterprises (SME). There are so many opportunities and resources i...
Paccagnella, Marco; Sestito, Paolo
In this paper we investigate the relationship between social capital and cheating behaviour in standardized tests. Given the low-stakes nature of these tests, we interpret the widespread presence of cheating as a signal of low trust towards central education authorities and as lack of respect for the rule of law. We find that cheating is…
Lueg, Klarissa; Nielsen, Camilla
Social Network Sites (SNS) play an increasingly important role in the European business world, especially with respect to cross-cultural impression management. Departing from the Bourdieusian concept of “capital,” this paper analyzes the differences in the use of two popular business SNS: XING...
Fletcher, Robert; Dressler, Wolfram H.; Anderson, Zachary R.; Büscher, Bram
This contribution addresses the growing global trend to promote ‘natural capital accounting’ (NCA) in support of environmental conservation. NCA seeks to harness the economic value of conserved nature to incentivize local resource users to forgo the opportunity costs of extractive activities. We
Campello, M.; Giambona, E.
We characterize the relation between asset structure and capital structure by exploiting variation in the salability of corporate assets. To establish this link, we distinguish across different assets in firms’ balance sheets (machinery, land, and buildings) and use an instrumental approach that
Chen, Wen; Inklaar, Robert
Investments in organization capital increase productivity of not just the investing firm but could also spillover to other firms-similar to investments in research and development. Recent evidence at the industry and economy level suggests such spillovers could be important. In this paper, we fail
...)). During the years leading up to the recent financial crisis, many bank holding companies made significant... has long held the view that bank holding companies generally should operate with capital positions... company experiencing financial distress must take specific remedial actions in order to minimize the...
Coffé, Hilde R.
Abstract Recent findings indicate that more pronounced community heterogeneity is associated with lower levels of social capital. These studies, however, concentrate on specific aspects in which people differ (such as income inequality or ethnic diversity). In the present paper, we introduce the
Recent findings indicate that more pronounced community heterogeneity is associated with lower levels of social capital. These studies, however, concentrate on specific aspects in which people differ (such as income inequality or ethnic diversity). In the present paper, we introduce the number of parties in the local party system as a more…
Burda, Michael C.; Severgnini, Battista
We use synthetic data generated by a prototypical stochastic growth model to assess the accuracy of the Solow residual (Solow, 1957) as a measure of total factor productivity (TFP) growth when the capital stock in use is measured with error. We propose two alternative measurements based on current...
Social common capital provides members of society with those services and institutional arrangements that are crucial in maintaining human and cultural life. The term Ã¦social common capital' is comprised of three categories: natural capital, social infrastructure, and institutional capital. Natural capital consists of all natural environment and natural resources including the earth's atmosphere. Social infrastructure consists of roads, bridges, public transportation systems, electricity, and other public utilities. Institutional capital includes hospitals, educational institutions, judicial and police systems, public administrative services, financial and monetary institutions, and cultural capital. This book attempts to modify and extend the theoretical premises of orthodox economic theory to make them broad enough to analyze the economic implications of social common capital. It further aims to find the institutional arrangements and policy measures that will bring about the optimal state of affairs.
Hospital capital investment is important for acquiring and maintaining technology and equipment needed to provide health care. Reduction in capital investment by a hospital has negative implications for patient outcomes. Most hospitals rely on debt and internal cash flow to fund capital investment. The great recession may have made it difficult for hospitals to borrow, thus reducing their capital investment. I investigated the impact of the great recession on capital investment made by California hospitals. Modeling how hospital capital investment may have been liquidity constrained during the recession is a novel contribution to the literature. I estimated the model with California Office of Statewide Health Planning and Development data and system generalized method of moments. Findings suggest that not-for-profit and public hospitals were liquidity constrained during the recession. Comparing the changes in hospital capital investment between 2006 and 2009 showed that hospitals used cash flow to increase capital investment by $2.45 million, other things equal. PMID:28617202
National Capital Planning Commission — The National Capital Planning Commission library catalog is a compilation of titles, authors, years of publication and topics of books, reports and NCPC publications.
Hospital capital investment is important for acquiring and maintaining technology and equipment needed to provide health care. Reduction in capital investment by a hospital has negative implications for patient outcomes. Most hospitals rely on debt and internal cash flow to fund capital investment. The great recession may have made it difficult for hospitals to borrow, thus reducing their capital investment. I investigated the impact of the great recession on capital investment made by California hospitals. Modeling how hospital capital investment may have been liquidity constrained during the recession is a novel contribution to the literature. I estimated the model with California Office of Statewide Health Planning and Development data and system generalized method of moments. Findings suggest that not-for-profit and public hospitals were liquidity constrained during the recession. Comparing the changes in hospital capital investment between 2006 and 2009 showed that hospitals used cash flow to increase capital investment by $2.45 million, other things equal.
M. Hekimoğlu (Mustafa)
textabstractSpare parts are critical for operations of capital products such as aircraft, refineries, trucks, etc/, which require maintenance regularly. Original Equipment Manufacturers (OEMs) bear the responsibility of undisrupted maintenance service and spare parts flow for their capital products.
The report shows the venture capital decision making in staged financing from a real option perspective. The report also describes entrepreneur-venture capital relationship from a prisoner's dilemma approach.
This paper extends the standard human capital model with real options. Real options influence investment behavior when risky investments in human capital are irreversible and individuals can affect the timing of the investment. Option values make individuals more reluctant to invest in human capital and, as a result, required returns on the investment increase. Real options may help to explain a larger human capital premium for higher education, smaller responsiveness of higher education inve...
Mutreja, Piyusha; Ravikumar, B.; Sposi, Michael J.
Almost 80 percent of capital goods production in the world is concentrated in 10 countries. Poor countries import most of their capital goods. We argue that international trade in capital goods has quantitatively important effects on economic development through two channels: (i) capital formation and (ii) aggregate TFP. We embed a multi country, multi sector Ricardian model of trade into a neoclassical growth model. Barriers to trade result in a misallocation of factors both within and acros...
Joosen, B.P.M.; Haentjens, M.; Wessels, B.
With the introduction of the Capital Requirements Regulation (CRR) in the European Union, the qualitative requirements for bank regulatory capital have changed. These changes aim at implementing in Europe the Basel III principles for better bank capital that is able to absorb losses of banks,
Full Text Available The purpose of the paper is to provide some support to the thesis that insurance may reduce the cost of capital in a company by influencing both the cost of capital components and the need for rising capital. The problem is here perceived from two perspectives – the classical concept related to the weighted average cost of capital (WACC and a novel concept related to the risk-based capital structure model with the total average cost of capital (TACC. The paper explains the idea of insurance as a retrospective (post-loss risk financing tool and the risk transfer mechanism upon it. As the risk financing tool insurance reduces the need for the balance-sheet capital in a company and thus the financial distress costs. Also, insurance may reduce the level of operating risk and thus influences the required returns of the capital providers. These observations allow emphasising the impact of insurance on the WACC. However, according to the novel concept of the risk-based capital structure, insurance (as a risk financing tool represents an off-balance sheet capital component. As a consequence, it extends the volume of total capital. The presented conceptual model, based on the TACC concept, indicates that large volume of insurance (the insurance sum and its relatively low cost (the insurance premium gives the possibility to the significant reduction of the cost of capital on average. The concluding remarks discuss some dilemmas over the utility of the TACC concept.
Using a theoretical framework, the study proposes an index that can measure the social capital of local action group (LAG) projects. The index is founded on four indicators: number of ties, bridging social capital, recognition, and diversity, which are aggregated into one social capital index. The index has been tested in LAG-Djursland, Denmark,…
Kitchen, Peter; Williams, Allison; Simone, Dylan
Social capital has been studied by academics for more than 20 years and within the past decade there has been an explosion of growth in research linking social capital to health. This paper investigates social capital in Hamilton, Ontario by way of a telephone survey of 1,002 households in three neighbourhood groups representing high, mixed and…
. Through an analysis of existing analytical practices, the article concludes that linking social capital is often subordinated to the two related social capital concepts of bonding and bridging, and that linking social capital is often exclusively defined and operationalized based on expressions...
Bersem, M.; Perotti, E.; von Thadden, E.L.
In this paper we develop a positive theory of capital market frictions. We focus on a political conflict that arises between citizens with different vintages of human capital. Once human capital is sunk in a firm- or sector specific technology, stakeholders will resist the emergence of newer sectors
... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Capital planning. 615.5200 Section 615.5200 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Capital Adequacy § 615.5200 Capital planning. (a) The Board...
Peters, Michael A., Ed.; Bulut, Ergin, Ed.
Cognitive capitalism--sometimes referred to as "third capitalism," after mercantilism and industrial capitalism--is an increasingly significant theory, given its focus on the socio-economic changes caused by Internet and Web 2.0 technologies that have transformed the mode of production and the nature of labor. The theory of cognitive…
Navarra, M.Q.; Niehof, A.; Vaart, van der W.
Social capital is often seen as a substitute for lack of other types of capital among poor people. Because of the recognized applicability of the social capital concept and its correlation with the different dimensions of poverty, it has been used in evaluating the adaptation and integration of
Yoo, Soonhwa; Loadman, William E.
In 1994 the Ohio State Legislature established Venture Capital to support school restructuring. The Venture Capital school initiative is a concept borrowed from the business community in which the corporate entity provides risk capital to parts of the organization to stimulate creative ideas and to provide opportunities for local entities to try…
Human capital wordt door diverse auteurs gezien als een ‘value driver’. Er is echter weinig bekend over de wijze waarop ondernemingen human capital meten en sturen en hoe beleggers op de kapitaalmarkt reageren op human capital informatie die door ondernemingen wordt verstrekt. In dit artikel wordt
Kingston, Paul W.
Discusses Pierre Bourdieu's ideas on cultural capital in schools. Concludes that, defined in terms of exclusionary class-related practices and dispositions, cultural capital does not account for the relationship between social privilege and academic success. Notes too many conceptually distinct variables are labeled cultural capital, thus…
Berdasarkan hasil pengolahan data diketemukan bahwa 1 human capital mampu memberikan kontribusi yang berarti terhadap customer capital. 2 Customer capital mampu memberikan kontribusi yang berarti terhadap kinerja café dan resto di Surabaya, 3 human capital mampu memberikan kontribusi yang berarti terhadap kinerja café dan resto di Surabaya.
Ngoma, Muhammad; Dithan Ntale, Peter
This paper seeks to evaluate the relationship between psychological capital, career identity, social capital and graduate employability. We also seek to evaluate the mediating role of social capital on the relationships between psychological capital, career identity and graduate employability in Uganda. A population of 480 unemployed young people…
Christensen, Poul Rind; Evald, Majbritt Rostgaard; Klyver, Kim
This study investigates the influence of human capital, social capital, and cognition on nascent entrepreneurs' export intentions. The results indicate that while human capital and social capital influence the level of intended export, cognitive characteristics, such as self-efficacy and risk...... aversion, do not seem to influence entrepreneurs' intended level of export...
... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Reduce or retire capital stock or capital debt... RULES OF PRACTICE FILING PROCEDURES Other Filings § 303.241 Reduce or retire capital stock or capital... nonmember bank to seek the prior approval of the FDIC to reduce the amount or retire any part of its common...
Christensen, Poul Rind; Evald, Majbritt Rostgaard; Klyver, Kim
This study investigates the influence of human capital, social capital, and cognition on nascent entrepreneurs' export intentions. The results indicate that while human capital and social capital influence the level of intended export, cognitive characteristics, such as self-efficacy and risk...
Full Text Available A partir de comprender la influencia del modelo territorial norteamericano en la constitución del territorio de la Argentina, el artículo analiza la formación del Territorio del Noroeste de Río Ohio de los Estados Unidos (1787 y la constitución de los Territorios Nacionales en Argentina (1884. A través del estudio de las normas que organizan dichos territorios se identifican las semejanzas y diferencias en su proceso de configuración. Finalmente se plantean algunas hipótesis que podrían contribuir a explicar el corto mantenimiento de los Territorios en Estados Unidos y la larga perduración de los Territorios Nacionales en Argentina. Se considera que la segunda expansión colonial y la vigencia de formas de organización territorial asociadas al poder tutelar podrían explicar el interés por mantener los Territorios Nacionales en el contexto argentino.
-, č. 429 (2010), s. 1-36 ISSN 1211-3298 R&D Projects: GA ČR GA402/09/1595; GA MŠk LC542 Grant - others:MŠk(CZ) SVV-2010-261801 Institutional research plan: CEZ:MSM0021620846 Keywords : capital structure * financing decisions * credit constraints * Eastern Europe Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp429.pdf
Moreno Pestaña, José Luis
Full Text Available Social theory is trying, increasingly, to reach an agreement on the body place. Particularlly, the Catherine Hakim’s thesis about erotic capital has brought to the foreground the value of the body within contemporary social hierarchies. The Hakim’s questions are connected with another set of conceptualizations that try to understand the value of the physical interaction in our societies. The first aim of this article is to discuss the model proposed by Hakim on the light of the explanatory capacity of Pierre Bourdieu’s cultural capital theory. As a second goal we wish, enlightened by a set of empirical data, to confirm if it is possible to note down links between body care, social class, age class and gender.La teoría social sigue acordando, de manera creciente, un espacio al cuerpo. Señaladamente, las tesis sobre el capital erótico de Catherine Hakim han puesto en primer plano el valor del cuerpo dentro de las jerarquías sociales contemporáneas. Las interrogaciones de Hakim resultan solidarias con otro conjunto de conceptualizaciones que intentan comprender el valor de la interacción corporal en nuestras sociedades. Discutir el modelo propuesto por Hakim a la luz de la capacidad explicativa de la teoría del capital cultural de Pierre Bourdieu es el primer objetivo de este artículo. El segundo objetivo pretende, utilizando un conjunto de datos empíricos, confirmar si pueden apuntarse vínculos entre los cuidados corporales, la clase social, la clase de edad y el género.
Wegner, Rhiana; Gong, Jie; Fang, Xiaoyi; Kaljee, Linda
Individuals with greater social capital have better health outcomes. Investment in social capital likely increases one’s own social capital, bearing great implications for disease prevention and health promotion. In this study, the authors developed and validated the Social Capital Investment Inventory (SCII). Direct effects of social capital investment on perceived stress, and indirect effects through social capital were examined. 397 Participants from Beijing and Wuhan, China completed surveys. Analyses demonstrated that the SCII has a single factor structure and strong internal consistency. Structural equation modeling showed that individuals who invested more in social capital had greater bonding social capital, and subsequently less perceived stress. Results suggest that disease prevention and health promotion programs should consider approaches to encourage social capital investment; individuals may be able to reduce stress by increasing their investment in social capital. Future research is needed to provide additional empirical support for the SCII and observed structural relationships. PMID:25648725
The emergence of Capitalism is said to always lead to extreme changes in the structure of a society. This view implies that Capitalism is a universal and unique concept that needs an explicit institutional framework and should not discriminate between a German or US Capitalism. In contrast, this work argues that the ‘ideal type’ of Capitalism in a Weberian sense does not exist. It will be demonstrated that Capitalism is not a concept that shapes a uniform institutional framework within every ...
Vaughan, J; Wise, J
Physician group practices and networks must have ready access to capital to finance their working capital needs, capital equipment acquisitions, and real estate purchases, as well as to fund the acquisition of additional practices. At least three options for capitalization are available to group practices and networks: debt financing, equity financing, or a combination of the two. The best option for physician group practices and networks depends on the costs of capital and the impact the strategy will have on decision making and governance.
The economic case for the recent proposal on a European ‘Capital Markets Union’ is obvious. However, the name is more symbolic than real, and the substance falls short of proposing a fully unified capital market across the EU. This short paper identifies several shortcomings of the project....... In particular, the unclear methodological approach of the CMU project, and the lack of a clear commitment to a European enforcement or institutional mechanism weaken the benefits of the overall concept. Instead, the merits of the proposal lie in its political importance: above all, the CMU project is an attempt...... to repair the relationship with the UK and to win back support from the City of London for the European Single Market. As such, the project as a whole is certainly laudable, and it might turn out to be the right step at the right time.tion....
Full Text Available World financial centers have an impact on the economies around the world. This particularly applies for the U.S. equity market. Transactions which are performed on the U.S. market define market trends in most of the world's financial markets, the only question that arises “is to what extent”. Purpose of this research is to define and quantify the relationship of the U.S. capital markets, and market equity securities selected on world stock markets. This research will explain the concept of capital markets, its divisions and legislation. The research part is based on quantifying relationship of the U.S. equity market index on the indices of the London Stock Exchange, the Tokyo Stock Exchange and the Zagreb Stock Exchange.
Vaquero Ortiz, E. M.; González Pineda, L. M.; Cascante Díaz, E.
The resources in any organization for its activity development can be divided into two main groups: tangible assets and intangible assets. In recent decades there has been a recognition of the importance of the intangible assets as value generators for the development and growth of organizations. And the so called Relational Capital is among them Relational Capital arises from the relationship processes that an organization maintains with external agents. Thus, in the case of a public research institution, such as CIEMAT, it includes the relations with projects financing organizations, with partners and with customers (both public and private entities which are serviced), as well as the institutional presence understood as the participation in discussion and coordination forums (foundations, associations, committees…). This report presents a study of CIEMAT institutional presence in the year 2015.
José Gpe. Vargas Hernández
Full Text Available This study aims to analyze the development of capitalism since its beginning until reaching the highest stage in the processes of neoliberal economic globalization and its version of New Economy supported by information and communication technologies. By exposing the development from a perspective of critical analysis, the impacts and effects on individuals, communities and the Nation State are evaluated. Posteriorly the reaches of the transnational neoliberal capitalist model impositions are questioned and finally the conclusion is that a cultural revolution is needed to not accept the forms of domination, power and alienation of globalizing capitalism and to reconstruct the identity of communities through individual and collective action which asserts self-determination, independence and self-management.
Excessive reliance on intervention through the legal process, an expression of governmental power, is seen as a threat to capitalism because the legal process is less responsive to public will. The increasing use of the courts to resolve social and economic issues is partly a result of the complex legislative process. Judges have become more receptive to public-interest issues and have broadened the definition of their jurisdiction. The transference of interests into rights in the public mind eventually leads to authoritarian resolutions and a loss of democracy. The new power of law has attracted talent away from business and into legal services to the detriment of economic growth and vitality. Lawyers benefit from the expansion of the legal process, although they fail to relate the economic ramifications of free access to the courts with the principles of capitalism and democracy. Lawyers are urged to help find a solution to the dilemma before the legal process becomes too unwieldy.
Bryson, Alex; Clark, Andrew E; Freeman, Richard B; Green, Colin P
We show that worker wellbeing is determined not only by the amount of compensation workers receive but also by how compensation is determined. While previous theoretical and empirical work has often been preoccupied with individual performance-related pay, we find that the receipt of a range of group-performance schemes (profit shares, group bonuses and share ownership) is associated with higher job satisfaction. This holds conditional on wage levels, so that pay methods are associated with greater job satisfaction in addition to that coming from higher wages. We use a variety of methods to control for unobserved individual and job-specific characteristics. We suggest that half of the share-capitalism effect is accounted for by employees reciprocating for the "gift"; we also show that share capitalism helps dampen the negative wellbeing effects of what we typically think of as "bad" aspects of job quality.
Ioana Julieta Josan
Full Text Available The new organizational changes caused by social, economic and politic reforms led to a shift in the strategic management of the companies. The growing need for professionals, who know how to generate profits, is growing and increase confidence of partners and clients, find new ideas and adapt to a dynamic market. Therefore, internally, we need an efficient management of human resources to find and retain the most suitable and efficient people which will increase productivity and face the increased acting globally competition. Currently, companies that succeed are the ones that integrate in their business strategy, an important component of development and valuation human capital. The paper aims to analyze and highlight the importance of human capital in the new organizational strategies, focused on achieving a high level of competitiveness, innovation and excellence.
On June 7, 2010, as part of the Atomexpo 2010 exhibition, a round-table discussion took place on the topic Human capital in the nuclear industry: challenges and solutions. The article summarizes reports made during the meeting. Tatiana Kozhevnikova, deputy director general of the Rosatom Corporation, made a report about the strategy and best human resource management practices in member companies of the Corporation. She briefly described the state of the human capital in the Russian nuclear industry and outlined the key provisions of the human resource management strategy. Attendees to the round-table discussion elaborated further on the key statements of the report. The discussion has given an evidence that the Russian nuclear industry is giving an enormous importance to human resource management and is firmly intended on successfully tacking the issues associated with the provision of sufficient staff for the industry's safe and efficient development [ru
Hansen, Per H.
–1931 and of financialization from around 1980 to today. Finance capitalism and financialization were enabled by a dominant narrative that legitimized the power of finance. The shifts in the role of finance happened when crises undermined the meaning of the existing narrative and created for a new narrative able to make sense......In this article I interpret 150 years of financial history with a focus on shifts in the role of finance in society. I argue that over time the role of finance has shifted twice from that of servant to that of master of society, and that this process has been driven by sense making through...... narratives that legitimized and shaped these changes. When finance became a master rent seeking, cultural capture and out-of control financial innovation resulted in financial and social instability. Finance as a master was the characteristic of finance capitalism from around 1900...
Pablo de Andrés
Full Text Available This paper seeks to shed further light on the capital budgeting techniques used by Spanish companies. Our paper posits that the gap between theory and practice might be related to the nature of sources of value and to the efficiency of mechanisms aligning managerial and shareholder incentives, rather than to resource restrictions or model misinterpretation. We analyze data from a survey conducted in 2011, the final sample comprising 140 non-financial Spanish firms. Our findings show a behaviour pattern similar to that reported in prior research for firms in other countries. Particularly noteworthy is that payback appears to be the most widely used tool, while real options are used relatively little. Our results confirm that size and industry are related to the frequency of use of certain capital budgeting techniques. Further, we find that the relevance of growth opportunities and flexibility is an important factor explaining the use of real options.
José Manuel Saíz Álvarez
Full Text Available Rev.esc.adm.neg Resultado del proceso de globalización económica actual, unido al inicio de la denominada «Primera Crisis Global (PCG, cada vez es mayor la importancia del capital intelectual en las organizaciones, tanto por las ventajas competitivas que genera para la organización, como por permitir que la empresa pueda lograr posiciones de liderazgo sostenible en el tiempo. Dicho capital intelectual se inserta dentro de las organizaciones siguiendo una doble perspectiva basada en la ética y en la gestión del conocimiento. El objetivo de este trabajo es analizar cuáles son las bases que, desde una gestión del conocimiento basado en la ética aplicada a la empresa, permiten construir organizaciones líderes en el mercado global.
... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Private Capital for NMVC Companies... VENTURE CAPITAL (âNMVCâ) PROGRAM Qualifications for the NMVC Program Capitalizing A Nmvc Company § 108.230 Private Capital for NMVC Companies. (a) General. Private Capital means the contributed capital of a NMVC...
The merits of the “Capital Markets Union” project lie with its political importance, rather than its legal coherence or significance. Despite a number of substantial flaws, the initiation of this project comes at the right time. The Commission first and foremost sends a political message to the UK...... and other non-Euro Member States, as well as a commitment to the Single Market....
Roč. 49, č. 5 (2001), s. 910-924 ISSN 0013-3035 R&D Projects: GA ČR GA402/00/0439; GA ČR GA402/99/1136 Institutional research plan: AV0Z1075907 Keywords : foreign capital investment * a systems of the first order nonlinear differential equations * stable-limit-chaos state Subject RIV: AH - Economics Impact factor: 0.048, year: 2001
María Eugenia Rodríguez Guerrero
Full Text Available In the slang language of Lojanos, it is said that Loja is the musical capital of Ecuador. thesis or clich´e, which has led to write the present article to ﬁnd the theoretical empirical support and practices that support it, constituting it in research object and recommend to the future the innovations that need to be introduced in order to sustain and strengthen this place of Loja. This ﬁrst approach has as a problem What does Loja provides, that distinguish from the rest of the provinces of Ecuador in the musical ﬁeld, to be considered its capital? This ﬁrst delivery aims to build a framework of computer concepts that open up posterity to a ﬁeld of research on music and that translate into policies, plans and programs that empower it. They develop three concepts derived from the thesis: the power to construct music that refers to the generic and speciﬁc competences in different instruments and genres, the amount of music that is produced and the human talent in musical formation that is developed in Loja. Empirical evidence is collected to corroborate or reject the hypothesis: Loja is the musical capital of Ecuador. Data are collected on musical skills and compared at the global level, as well as music production and music training scenarios. At the end the hypothesis is checked. The task of the Lojanos is to innovate the capital. Keywords: Music, musical competitions, musical talent in training, amount of music, musicalperformance, musical instrument, songs.
Paldam, M.; Svendsen, Gert Tinggaard
Social capital is defined as mutual trust. It is related to production by a key hypothesis: social capital determines how easily people work together. An easy-to-use proxy (Putnam's Instrument) is the density of voluntary organizations. Social capital might be a new production factor which must...... be added to human and physical capital, or it might enter as a reduction in either transaction or monitoring costs. A direct and an indirect way to measure social capital are discussed. The crucial question is if social capital can be changed. That is, if self enforcement can replace third party...... enforcement, and it is discussed how much harm totalitarian regimes do to social capital, when they expand their area of central control....
Ayman Chit PhD
Full Text Available The opportunity cost of the capital invested in pharmaceutical research and development (R&D to bring a new drug to market makes up as much as half the total cost. However, the literature on the cost of pharmaceutical R&D is mixed on how, exactly, one should calculate this “hidden” cost. Some authors attempt to adopt models from the field of finance, whereas other prominent authors dismiss this practice as biased, arguing that it artificially inflates the R&D cost to justify higher prices for pharmaceuticals. In this article, we examine the arguments made by both sides of the debate and then explain the cost of capital concept and describe in detail how this value is calculated. Given the significant contribution of the cost of capital to the overall cost of new drug R&D, a clear understanding of the concept is critical for policy makers, investors, and those involved directly in the R&D.
The rise in the specific capital costs of nuclear power plants has caused concern in all industrialized countries in the past few years. Although the amount of this rise differed and at least did not jeopardize the cost edge of nuclear power in Europe, it did result in cost advantages of coal over nuclear power in a number of Federal States in the USA. The cost development in nuclear power plant construction up to the present level of capital costs was due chiefly to intolerable extensions of construction periods as a consequence of dragging licensing procedures, most of them entailing additional conditions which were partly a matter of dispute. There is broad agreement on the need to not detract from the nuclear safety level now attained, but also on the inability to increase it further by any significant margin. It has become evident in the past that, from a certain level onward, additional measures may in fact reduce the level of safety. In this contribution an attempt is made to delineate the framework of reasonable capital expenditure. From this point of departure, realistic considerations of safety and environmental protection can be made for future orientation. (orig.)
Jesús Humberto Tamariz Ortiz
Full Text Available Objetivo: Considerando la importancia del Streptococcus agalactiae en infecciones en neonatos y puérperas y la ausencia de información sobre su prevalencia en nuestro medio, se realizó el presente estudio con el objetivo de determinar los niveles de colonización en secreciones vaginales y anorrectales de mujeres embarazadas en dos importantes centros hospitalarios de la ciudad de Lima. Material y métodos: Entre los meses de abril a octubre del 2002, se estudiaron 238 gestantes con 26 semanas o más de gestación que acudieron al consultorio externo del servicio de Obstetricia de los Hospitales Nacionales Arzobispo Loayza y Cayetano Heredia; mediante hisopado se obtuvieron muestras de secreción vaginal y anorrectal empleando como medio de enriquecimiento selectivo caldo Todd Hewitt suplementado con gentamicina (0.8 mg/mL y ácido nalidíxico (15 mg/ml. El cultivo se realizó en agar sangre de carnero al 5%, identificándose el germen mediante el tipo de hemólisis, la prueba de CAMP, bacitracina y Sulfametoxazol / Trimetoprim. Resultados: Se logró aislar Streptococcus agalactiae en 26 pacientes (10.9%. No se encontró asociación con tiempo de gestación, edad materna ni número de partos. De las 26 gestantes colonizadas por Streptococcus agalactiae, 09 (36.4% manifestaron haber presentado abortos previos. Las pacientes con cultivos positivos recibieron tratamiento quimioprofiláctico. Conclusiones: Los resultados obtenidos en el presente estudio, muestran la necesidad de realizar trabajos de investigación que identifiquen la magnitud del problema en Lima y el interior del país a fin de orientar la implementación de las medidas preventivas necesarias. (Rev Med Hered 2004;15:144-150.
Ana Cecilia Salgado Lévano*
Full Text Available Resumen:El objetivo general del presente estudio fue establecer la relación que existe entre la felicidad, resiliencia y optimismo enestudiantes. La muestra estuvo conformada por 275 estudiantes: 134 varones y 141 mujeres de 15 a 18 años que cursaban elquinto año de secundaria en dos colegios nacionales mixtos de la ciudad de Lima, basados en un muestreo no probabilísticode tipo intencional. Los instrumentos utilizados fueron la Escala de Satisfacción con la vida, la Escala de Resiliencia y laEscala de Orientación hacia la vida - Revisada. Entre los principales hallazgos se encontró que existe una relación altamentesignificativa, en donde se puede apreciar que a mayor resiliencia, mayor optimismo y mayor felicidad. Las implicancias delos resultados han sido discutidas.Abstract:The general objective of the present study was to establish the relation that exists between the happiness, resilience andoptimism in students. The sample was formed by 275 students: 134 men and 141 women of 15 to 18 years that attended thefifth year of high school in two mixed national schools of the city of Lima, based on a non probabilistic sample of intentionaltype. The used instruments were the Scale of Satisfaction with the life, the Scale of Resilience and the Scale of Directiontowards the life - Reviewed. Among the main findings one was that exists a highly significant relation, in where it is possibleto be appreciated that to greater resilience, greater optimism and greater happiness. The implicating of the results has beendiscussed.
Antonio Romualdo Márquez González
Full Text Available El objetivo de este trabajo es saber si los turistas nacionales conocen la calidad bacteriológica del agua de mar de los sitios que visitaban en los municipios de San Blas, Compostela y Bahía de Banderas del estado de Nayarit. El estar oportunamente informados de los comunicados que emiten las autoridades ambientales y de salud, sobre la calidad del agua de mar de los principales destinos de playa y que podría representar una herramienta de suma importancia para planear el desplazamiento para el disfrute de los destinos de sol y arena, para entrar en contacto con aguas para la recreación y esparcimiento. Se conoce, que su mala calidad podría representar en daños potenciales a la salud de quienes entran en contacto con aguas contaminadas, principalmente con enterococos fecales. En 2013, se aplicó un cuestionario a 283 turistas en las playas más visitadas de dichos municipios y, en donde se lleva a cabo el programa nacional de monitoreo sobre la calidad del agua de mar, además de ser consideradas como playas limpias. El análisis estadístico de correlación mostró aspectos importantes que podrían ser tomados en cuenta por las tres órdenes de gobierno y de los promotores turísticos de la región. Finalmente, el turista al estar informado podría evitar algún tipo de enfermedad, en donde la promoción de playas limpias representaría una mayor afluencia de visitantes y beneficios económicos a la región.
Jones, Gareth A
This paper is inspired by Thomas Piketty's book Capital in the Twenty-First Century. Piketty does a wonderful job of tracing income and wealth over time, and relating changes to trends of economic and population growth, and drawing out the implications for inequality, inheritance and even democracy. But, he says relatively little about where capital is located, how capital accumulation in one place relies on activities elsewhere, how capital is urbanized with advanced capitalism and what life is like in spaces without capital. This paper asks 'where is the geography in Capital' or 'where is the geography of capital in Capital'? Following Piketty's lead, the paper develops its analysis through a number of important novels. It examines, first, the debate that Jane Austen ignored colonialism and slavery in her treatment of nineteenth century Britain, second, how Balzac and then Zola provide insight to the urban political economy of capital later in the century, and third, how Katherine Boo attends to inequality as the everyday suffering of the poor. © London School of Economics and Political Science 2014.
Scheffler, Richard M; Brown, Timothy T
In introducing this Special Issue on Social Capital and Health, this article tracks the popularization of the term and sheds light on the controversy surrounding the term and its definitions. It sets out four mechanisms that link social capital with health: making information available to community members, impacting social norms, enhancing the health care services and their accessibility in a community, and offering psychosocial support networks. Approaches to the measurement of social capital include the Social Capital Community Benchmark Survey (SCCBS) developed by Robert Putnam, and the Petris Social Capital Index (PSCI), which looks at community voluntary organizations using public data available for the entire United States. The article defines community social capital (CSC) as the extent and density of trust, cooperation, and associational links and activity within a given population. Four articles on CSC are introduced in two categories: those that address behaviors -- particularly utilization of health services and use of tobacco, alcohol, and drugs; and those that look at links between social capital and physical or mental health. Policy implications include: funding and/or tax subsidies that would support the creation of social capital; laws and regulations; and generation of enthusiasm among communities and leaders to develop social capital. The next steps in the research programme are to continue testing the mechanisms; to look for natural experiments; and to find better public policies to foster social capital.
Maria Thereza Pompa Antunes
Full Text Available Muito se tem comentado que os relatórios fornecidos pela Contabilidade Financeira não retratam certas realidades das empresas atualmente, tendo em vista o fato de o valor contábil das ações estar muitas vezes abaixo do seu valor de mercado. Esse contraste entre os dois valores vem sendo identificado como Capital Intelectual e apresentado como um novo conceito de administração de empresas que conduz à necessidade de aplicação de novas estratégias, de nova filosofia de gestão e novas formas de avaliação do valor da empresa. Este trabalho evidencia a verdadeira relação existente entre a Contabilidade e o Capital Intelectual. Desmistifica-se a novidade do conceito, pois comprova-se que o capital Intelectual é parte integrante do Goodwill, conceito secularmente conhecido e estudado pela Contabilidade. Os elementos intangíveis sempre foram abordados pela Contabilidade e, da mesma forma, como nunca se desprezou a sua importância, nunca se subestimou a sua complexidade. Portanto, a Contabilidade não é falha na divulgação das informações por ela registradas. Deve-se entender a finalidade de cada uma das Demonstrações Contábeis, bem como os Princípios subjacentes a elas. A falta de conhecimento, por vezes, conduz a conclusões precipitadas e errôneas. Por outro lado, qualquer que seja o rótulo atribuído aos elementos intangíveis, que sempre fizeram parte das organizações, entende-se e aceita-se que hoje, cada vez mais, o conhecimento e o gerenciamento desses elementos são relevantes para a gestão das empresas, pois o momento atual é caracterizado pela ampla aplicação do recurso do conhecimento pelo homem, que se materializa em novas tecnologias, sistemas e serviços (entendidos como ativos intangíveis que agregam valor às organizações.It has been said many times that the statements provided by Financial Accounting do not give a picture of certain realities of companies nowadays, considering the fact that, often
Piketty's Capital (2014) primarily describes and analyses changes in the distribution of wealth and annual incomes. This paper focuses on his policy proposals that make up Part Four of the book. Piketty defends the 'social state' but he discusses it largely in terms of distribution and redistribution between tax units. This neglects the important role of social policy in promoting recognition and redistribution of income and opportunities that is related to gender, race, disability and sexual orientation. Nor does Piketty consider inequalities in health which effect life-time incomes, nor the impact of housing policies on house prices and the distribution of wealth. It is argued that Piketty's approach to social security is simplistic and plays down the complexity of competing policy goals. On taxation, Piketty defends progressive taxation and proposes a global capital levy. The latter proposal runs into formidable problems in seeking global taxation in a world of nation states. Rather than seeking a policy that is, for the foreseeable future, wholly politically impractical, a case is made for less idealistic but more practical and urgent tax coordination between nations to address the widespread avoidance of taxation that large corporations and the very wealthy are now permitted - taxation on which the future of the social state depends. The importance of human and social capital, which are largely set aside by Piketty, are discussed. Finally,it is argued that his approach to policy is to describe trends and propose amelioration of growing inequality rather than to identify causes of the trends and propose policies that might address the causes. Nevertheless, the importance of his work in bringing issues of inequality to the fore, especially among economists, is recognized and applauded. © London School of Economics and Political Science 2014.
Victor S. Martyanov
Full Text Available By inertia, which derives from Adam Smith, modern capitalism is described as a free-market competition. This historical model has worked while the market expands and the availability of resources increases. It provided the opportunity to maintain the political order of the welfare state as a form of non-economic egalitarian distribution of resources, which mitigates inequality and class antagonisms generated by market. However, once capitalism has engulfed the whole world, it is more prone to crises: competition intensifies, markets of demand and market outlets do not expand, technological progress creates a growing structural unemployment, economic growth due to the completion of the global village-city transition stagnates, the resources of all the peripheries are almost exhausted. As a result, nationalism and protectionism arise, the polarization between the global center and the periphery increases, and there comes the image of undemocratic and non-egalitarian labor less society on the horizon of the future, with the precariat and the unemployed growing in numbers and demanding large amounts of rent to maintain their livelihoods. Due to this, the market model of capitalism is gradually transforming into a rental one, where the pursuit of profit, the main motivational factor intrinsic to the market, is removed by the pursuit of rent and the redistribution of markets by non-economic ways. In this context, the state becomes the key economic actor, which distributes resources by extra-market means within the hierarchy of rental groups that form the framework of a new structure of the political community.
El término “capital”, originalmente utilizado en el campo de la economía y las finanzas, constituye un vocablo ampliamente difundido para representar diversos dominios. En este sentido, por ejemplo, la expresión “capital psicológico” es utilizada por los psicólogos organizacionales para designar los recursos psíquicos individuales que representan la valoración positiva de las circunstancias y la probabilidad de éxito basada en el esfuerzo y la perseverancia. En el marco de la psicología organ...
Newman, Carol; Tarp, Finn; Van Den Broeck, Katleen
We explore the extent to which social capital can play a role in imparting information about the returns to saving where potential knowledge gaps and mistrust exists. Using data from Vietnam we find strong evidence to support the hypothesis that information transmitted via reputable social...... organizations increases the proportion of liquid assets held in the form of deposits that yield a return. Our results imply that targeting information on the benefits of deposit saving through formal networks or groups would be effective in increasing the number of households that save at grassroots level....
Grauman, Daniel M; Neff, Gerald; Johnson, Molly Martha
When assessing the financial implications of a physician alignment and clinical integration initiative, a hospital should measure the initiative's potential ROI, perhaps best using a combination of net present value and payback period. The hospital should compare its own historical and projected performance with rating agency median benchmarks for key financial indicators of profitability, debt service, capital and cash flow, and liquidity. The hospital should also consider potential indirect benefits, such as retained outpatient/ancillary revenue, increased inpatient revenue, improved cost control, and improved quality and reporting transparency.
Jæger, Mads Meier
do not possess cultural capital. This paper uses extremely rich longitudinal data that provides a better basis than previous studies for holding ‘everything else’ constant. In addition to children and parents’ cultural capital, I control for children’s actual academic ability, physical appearance......This paper studies the effect of cultural capital on teachers’ ratings of children’s oral and math ability. Cultural reproduction theory hypothesises that, holding everything else constant, children who possess cultural capital are more likely to be perceived by teachers as gifted than children who......, health impairments, social behaviour, antenatal influences, and many family background characteristics. My analysis shows, first, that both children and parents’ cultural capital have independent effects on teacher ability ratings. Second, for oral ability I find that parents’ cultural capital ‘protects...
Full Text Available In this paper I discuss two long disputed notions: that capitalism without crises is a fallacy respectively that capitalism bashing, however severe, will not endanger the system itself. Yet proving both is not an easy task since the capitalism issue has always been a cupellation of theory, ideology and political precepts, which are controversial and hard to disentangle. That capitalism detractors are numberless is a truism. Yet criticism against capitalism, however fierce, has always been clearly delineated. Not any more: globalization has rendered the picture dangerously fuzzy. It is now hard to ascertain whether someone who will harangue about the ostensible evils of globalization is also a declared anti-capitalist. The blend of capitalism and globalization seems to be pure dynamite.
Peter J. Graham
Full Text Available We examine how national culture impacts organisational selection of capital budgeting systems to develop our understanding of what influence a holistic formulation of national culture has on capital budgeting systems. Such an understanding is important as it would not only provide a clearer link between national culture and capital budgeting systems and advance extant literature but would also help multinational firms that have business relationships with Indonesian firms in suitably designing strategies. We conducted semi-structured interviews of selected finance managers of listed firms in Indonesia and Australia. Consistent with the contingency theory, we found that economic, political, legal and social uncertainty impact on the use of capital budgeting systems. The levels of uncertainty were higher in Indonesia than Australia and need to be reckoned in the selection of capital budgeting systems used by firms. We also found that firms are influenced by project size and complexity, when selecting capital budgeting systems.
Balázs István Tóth
Full Text Available The aim of this research is to analyze territorial capital as a new paradigm to make best use of endogenous assets. The study is dealing with the preconditions, meaning and possible theoretical taxonomies of territorial capital. In this study I emphasize that the cumulative effects of regional potentials are more important than economies of scale and location factors. I present different approaches and interpretations of territorial capital, then make an attempt to create an own model. I try to find answers for questions, such as why territorial capital shows a new perspective of urban and regional development; how cognitive elements of territorial capital provide increasing return; how territorial capital influences competitiveness and what kind of relation it has with cohesion.
Full Text Available The financial crisis that began in 2008 in the USA turned into a global economic crisis in a short time. As such, it had a big impact on the financial stability of Croatia, primarily on capital market. Capital market includes securities trading, primarily stocks and bonds, whose market value is influenced by the market capitalization of capital market and vice versa. Macro economically, market capitalization had an influence on the fall in the value of the entire capital market, and micro economically, it had an influence on the fall of the prices of stocks, bonds and other financial instruments of companies. The volume of trade decreased, but there was an increase in the number of transactions. In other words, people traded more and in smaller quantities. Therefore, the risk increased, and investors became more cautious.
Luo, Yong; Zhu, Bo; Tang, Yong
We investigate the problem of dynamic optimal capital growth of a portfolio. A general framework that one strives to maximize the expected logarithm utility of long term growth rate was developed. Exact optimization algorithms run into difficulties in this framework and this motivates the investigation of applying simulated annealing optimized algorithm to optimize the capital growth of a given portfolio. Empirical results with real financial data indicate that the approach is inspiring for capital growth portfolio.
Giam Pietro Cipriani
This paper studies new mechanisms through which human capital and longevity interact with child labour and endogenous fertility. When children provide old age support in the form of care and companionship, the economy may display multiple development regimes: a development trap with low human capital and large use of child labour or a high steady state with high longevity and human capital and low child labour. A situation with indeterminacy of equilibrium outcomes may also occur if child mor...
Peter J. Graham; Milind Sathye
We examine how national culture impacts organisational selection of capital budgeting systems to develop our understanding of what influence a holistic formulation of national culture has on capital budgeting systems. Such an understanding is important as it would not only provide a clearer link between national culture and capital budgeting systems and advance extant literature but would also help multinational firms that have business relationships with Indonesian firms in suita...
Karlsson, Charlie; Backman, Mikaela
This paper investigates the impact human capital has on new firm formation, traditionally expected to have a positive influence. Individuals are attracted to regions with a stimulating atmosphere and tend to stay within the same region. Since human capital is partly spatially bounded, the size of municipality accessibility to human capital is expected to have a larger impact than intra-regional and inter-regional interaction. The empirical analysis is based on data on new firm formation at th...
Alin Marius Andrieş
Full Text Available All participants in capital markets are asking how to finance investments or to invest money available. The answer to these questions depends on the situation you have: deficit or surplus capital. This article addresses issues concerning the place and role of capital market within the financial markets and in financing investments, trying to highlight the growing importance of this subsystem, shown both to economic agents and to all categories of investors.
Although coverage of collective bargaining agreements has been declining for decades in most countries, it is still extensive, especially in non-Anglo-Saxon countries. Strong unions may influence firms’ incentives to invest in capital, particularly in sectors where capital investments are sunk (irreversible), as in research-intensive sectors. Whether unions affect firms’ investment in capital depends on the structure and coordination of bargaining, the preference of unions between wages and e...
This paper measures individual bank's impact on banking systemic risk and examines the effect of individual bank's capital buffer and leverage to bank's systemic risk impact in Indonesia during 2010-2014. Using Merton's distance-to-default to measure systemic risk, the study shows a significant negative relationship between bank's capital buffer and systemic risk. High capital buffer tends to lowering bank's impact on systemic risk. Bank's leverage level also influences its contribution to sy...
María González Álvarez
Full Text Available Resumen: La compleja convivencia entre la gestión de los Parques Nacionales (PN, en adelante y sus ocupantes tiene un largo recorrido en el caso del Parque Nacional Picos de Europa (PNPE. PNPE es el único PN con poblaciones enteras dentro del espacio protegido. El estudio realizado sobre los quesos con Denominación de Origen Protegida (DOP Cabrales y Gamoneu, parte de cuya elaboración se realiza dentro del PNPE recoge este testimonio de desencuentros. Durante los años 2012 y 2014 se realizaron 59 entrevistas a miembros de ambas DOP, administraciones y otros agentes involucrados en el conflicto. Los principales resultados muestran unos pobladores que perciben el PN como algo ajeno e impuesto, que prioriza las necesidades de turistas y animales, mientras que el PNPE insiste en la laxitud de la legislación comparándola con otros espacios protegidos. Este estudio pretende profundizar en las raíces de un conflicto de casi un siglo de duración.Abstract: The complex coexistence between the management of National Parks (NP, hereafter and its occupants have a long history in the case of Picos de Europa National Park (PENP. It is the only NP in Spain in which whole populations are within the protected space. There are many interests around a NP (scientific, economic, tourism and conservation, making the natural space difficult to manage. The study of cheeses with Protected Designation of Origin (PDO Gamoneu and Cabrales, part of whose production is performed within the PNPE, collect this testimony of disagreements. During the years 2012 and 2014, 59 Interviews were conducted a members of both DOP, administrations and other agents involved in the conflict. The main results of the analysis show that settlers perceive the PN as imposed, which prioritises the needs of tourists and animals. Meanwhile PNPE insists that Legislation is very lax compared with other protected areas. The study aims to further knowledge about the origin of the conflict in
Victor Manuel Cuesta López
Full Text Available Resumen: En los últimos meses hemos asistido a la proliferación de referéndums en los Estados miembros de la Unión Europea que vienen a cuestionar importantes avances en la integración o, incluso, la propia pertenencia a la Unión. En este contexto, el presente artículo se propone delimitar el concepto de referéndum europeo para, a continuación, presentar la evolución de sus convocatorias a lo largo de las distintas fases del proceso de integración. También propondremos la sistematización de las consultas celebradas en función de su naturaleza jurídico-constitucional (referéndum obligatorio o facultativo y las presentaremos atendiendo al objeto de las mismas: referéndums de pertenencia (adhesión, ampliación de terceros o permanencia, referéndums de ratificación de los tratados constitutivos y sus sucesivas reformas y referéndums sobre políticas europeas específicas. A pesar de que cada referéndum europeo responde a contextos jurídicos y políticos nacionales muy particulares, trataremos de determinar si existe alguna relación entre el tipo de consulta convocada y su resultado favorable o contrario a una mayor integración. Palabras clave: referéndum, Unión Europea, soberanía, democracia directa. Abstract: The referendums held during the last months in several Member States of the European Union have openly questioned essential aspects of the integration process or even the membership. In this context, this article aims to define the concept of European referendum, to present its evolution throughout the integration process, and to propose its categorization according to their legal nature (compulsory or facultative referendum and their subject matter (enlargement, ratification of the Treaties or specific European policies. Although each European referendum responds to very specific legal and political contexts, this article tries to determine whether there is any relationship between the type of consultation and
Diana Paola Ovies-Bernal
Full Text Available OBJETIVO: Identificar los criterios comunes utilizados en la implementación de sistemas nacionales de información de salud (SNIS interoperables en el mundo y proveer información científica validada sobre las dimensiones de la interoperabilidad. MÉTODOS: Revisión sistemática de artículos primarios publicados en inglés, portugués o español en revistas científicas entre 1990 y 2011 sobre la implementación de SNIS interoperables. La búsqueda se realizó en ocho bases de datos bibliográficas que abarcaran revistas electrónicas en ciencias de la salud e informática: Medline (Pubmed, Proquest, Ovid, EBSCO, MD Consult, Biblioteca Virtual de Salud, Metapress y SciELO. Se revisaron los textos completos de los artículos y se excluyeron los que se enfocaban solo en lo informático-técnico o en el componente normativo, y los que no cumplían con los criterios de calidad para revisiones sistemáticas de intervenciones. RESULTADOS: De 291 estudios encontrados y revisados, solo 5 cumplieron los criterios de inclusión y exponían el proceso de implementación de SNIS interoperables en Brasil, China, Estados Unidos, Turquía y la región semiautónoma de Zanzíbar. Se identificaron cinco criterios básicos comunes para la implementación del SNIS: las normas que respaldan el proceso, la capacitación del talento humano, las limitaciones financieras y estructurales, la definición de los estándares y la seguridad de la información. Se definieron cuatro dimensiones de interoperabilidad: técnica, semántica, legal y organizacional. CONCLUSIONES: Los criterios expuestos se deben ajustar a la situación real de cada país y se debe adoptar un enfoque proactivo en la implementación estratégica, sencilla y fiable de SNIS interoperables.
Manuel Iván Ortiz Ramos
Full Text Available Este documento hace un comparativo entre las condiciones económicas regionales que ha tenido el departamento de Nariño frente al comportamiento de los indicadores macroeconómicos que registran estadísticamente las instituciones nacionales (DANE, DIAN del suroccidente colombiano. El comercio binacional de productos de consumo por la frontera sur, ha generado variaciones en el Índice de Precios al Consumidor (IPC, la inflación,la tasa de desempleo, la revaluación y devaluación del peso colombiano frente al dólar. Las tasas de cambio paralelas que se transan en la frontera sur, nos obliga a estudiar y comprender las causas y los efectos que se suscitan a partir de los flujos diarios de mercancías que se comercializan legal e ilegalmente, cuyos volúmenes de compra y venta incide relativamente en el bienestar de las comunidades colindantes. Conocer el comportamiento histórico de la macroeconomía colombiana y su incidencia en las actividades comerciales regionales de Nariño, como único territorio en donde confluyen dos (2 mercados (compra y venta de productos colombianos y ecuatorianos que forman parte de la canasta familiar regional, que operan simultáneamente en los diez (10 municipios zonas de frontera (Ley 191 de 1995. Estos indicadores han sido estudiados utilizando el método analíticodescriptivo en la modelización y contrastación de datos sobre las comparaciones cualitativas y comparativas de las series de tiempos, aplicadas a las actividades comerciales que tienen permanente influencia cambiaria, aduanera, geopolítica, logística y meso económica, desde su contexto de comercio-ambiente-frontera-región, predominantes. Lo anterior, desde la perspectiva regional intrafronteriza, en donde el incremento del comercio binacional, deja su efecto en las comunidades colindantes por los cordones fronterizos andino (Ipiales–Tulcán, pacífico (Tumaco-Esmeraldas y amazónico (San Miguel–Lago Agrio.
Eduardo Alfredo Leiva
Full Text Available El uso de las Tecnologías de Información y de Comunicación se ha incorporado de forma general a la vida cotidiana de una nación. Este nuevo escenario facilita un desarrollo sin precedentes en el intercambio de información y comunicaciones, pero al mismo tiempo conlleva serios riesgos y amenazas que pueden afectar a la Seguridad Nacional. Varios son los factores que contribuyen a la proliferación de acciones delictivas en el ciberespacio, la rentabilidad que ofrece su explotación en términos económicos, políticos o de otro tipo, la facilidad y el bajo costo de las herramientas utilizadas para la consecución de ataques y la facilidad de ocultación del atacante, hacen posible que estas actividades se lleven a cabo de forma anónima, desde cualquier lugar del mundo y con impunidad. Esto tiene un impacto considerado sobre las distintas organizaciones tanto en los sectores públicos como privados, y los propios ciudadanos. Los distintos perfiles de atacantes explotan las vulnerabilidades tecnológicas con el objeto de recabar información de valor para cometer ilícitos, como así también para amenazar los servicios básicos que pueden afectar al normal funcionamiento de un país. La importancia estratégica de disponer de un ciberespacio seguro, conlleva la creación de un sistema de Ciberseguridad Nacional basado en una Estrategia Nacional de Ciberseguridad (ENCS, es decir, un conjunto de órganos, organismos y procedimientos que permitan la dirección, control y gestión de la seguridad en el ciberespacio. Planteando la necesidad de una (ENCS, se puede observar que existen naciones que no poseen una Estrategia Nacional de Ciberseguridad y otras que están en el proceso de elaboración de la misma. Advirtiendo la importancia de la situación, este trabajo tiene el propósito de realizar un estudio comparativo de algunas Estrategias y Políticas Nacionales de Ciberseguridad seleccionadas y además brindar una visión general de la
Full Text Available
Acuerdos adoptados en sesión del Consejo Directivo del 23 de octubre de 1981, celebrada en Santiago de Chile.
Las grandes redes de comunicación social entregan al mundo de hoy con inusitada rapidez, informaciones, opiniones y otras materias capaces de contener un mensaje educativo. Sin embargo, frecuentes distorsiones de los verdaderos principios, objetivos y métodos, se suman hasta constituir graves problemas culturales, sociales y de salud pública.
Uno de estos problemas es la incomunicación que afecta a las personas, las familias y las naciones, porque contribuye a la génesis de una serie de fenómenos como la violencia, el deterioro moral y la indiferencia ante el sufrimiento ajeno. Paradójicamente, los medios de comunicación de masas, tales como la prensa escrita, la radio, el cine, y en especial la televisión, juegan un papel decisivo, sea para provocar o para agravar dicho aislamiento.
En algunos paises no se han definido aún las políticas adecuadas que regulen los principios
éticos y educativos de esos medios, lo que es indispensable para ayudar a la elevación espiritual de los pueblos y al enriquecimiento de las expresiones culturales nacionales.
Aun en aquellos paises con políticas definidas, no se han adoptado las acciones o medidas adecuadas, ni por organismos oficiales ni por otras instituciones, para enmendar los aspectos negativos de la actual situación, o ellas no han sido eficientes en su aplicación.
La libertad de pensamiento y de palabra es uno de los principios fundamentales de la civilización y debe ser ejercida teniendo en cuenta normas éticas. No obstante, debe evitarse que al amparo de este hecho y con una interpretación equivocada del mismo,
se incurra en situaciones negativas como las señaladas al comienzo.
Dichos aspectos negativos adquieren especial fuerza y vigencia en el cine y en la televisión por su naturaleza (medios
Full Text Available Creative Capitalism, Multitudinous Creativity, Radicalities and Alterities, Edited by Giuseppe Cocco and Barbara Szaniecki, Lexington Books, Lanham. Boulder. New York. London, 2015, 269p.
Gretzinger, Susanne; Royer, Susanne
Based on a relational perspective this paper analyses the case of the “Mechatronics Cluster” in Southern Jutland, Denmark. We found that cluster managers are not aware of the importance of social and symbolic capital. Cluster managers could have access to both but they are not aware...... of this resource and they don´t have any knowledge how to manage social and symbolic capital. Just to integrate social-capital-supporting initiatives in the day to day business would help to develop and to foster social and symbolic capital on a low cost level. And in our example just to integrate successful sub...
Full Text Available Formal education, personal abilities and the health state play an important role in this paper. Those are all essential constituent elements of the human capital. In the present paper we intend to present briefly the fundamental concepts of the human capital, with an emphasis on education and abilities. We also mark out the importance of the human capital development in the purpose of maintaining the development and the motivation of the human resources, which are the main premises organizations need to capitalize. The higher education has a determinant role in the attainment of this desideratum.
Grøn, Sisse; Svendsen, Gunnar Lind Haase
(Progoulaki & Roe 2011). This challenges social capital on board, i.e. the resources inherent in network cooperation associated with norms of reciprocity and trust (Putnam 2000: 19). Fragmentizing ‘blue’ social capital should however be restored, because work performance depends on the quality of cooperation...... findings suggest that a balance between three types of social capital – bonding, bridging and linking – is needed to achieve a high-performance work system (Gittell et al. 2010). Hence, main actors within the shipping sector should take ‘blue’ social capital into account in order to increase work...
Fine, Allan; Bacchetti, J Alex
With operating margins showing some improvement in 2003, Y2K being a distant memory, and many critical capital investment decisions delayed as long as possible, hospitals have been on a relative spending spree, building new facilities, renovating operating rooms and inpatient units, and investing in new medical and information technologies. However, with pressure on both cost and revenue expected to continue, if not increase, this spending spree may be short-lived, and hospitals must improve their capital planning efforts; align them with their mission, vision, and strategies; and ensure that capital is available when unplanned or even expected needs arise. This article explores some of the challenges that hospitals face in their capital planning efforts and, more importantly, suggests the necessity for hospitals to integrate capital and strategic planning. Capital planning must be driven by an organization's strategies; however, we also argue that an organization's ability to execute its strategies is highly dependent on the existence of a cohesive capital prioritization and planning process. In this article, we explore a number of issues critical to developing a comprehensive capital plan, including estimating capital costs, evaluating and designing strategies to contend with risk, saving for the proverbial "rainy day," and recognizing the role and value of philanthropy, while challenging some conventional thinking of hospital executives with respect to investment, growth, and planning.
Madsen, Erik Strøjer
Human capital is an important growth factor for developing and developed countries and measuring the return to education is essential in evaluating the growth impact from human capital. Most studies use the length of education measured by the years of schooling as an indicator of human capital....... However, the quality of education varies a lot across universities and business schools as well as across student within an education institution. The high variations in grades among students reflect the heterogeneity in human capital among students and this study verify how this heterogeneity...
Full Text Available This paper show result of empirical analysis application of cost of capital for capital structuring in Croatian firms. Intensity of this applications is highly unrespectable because Croatian firms usually calculated cost of capital in their capital budgeting process. Analysis also show low inconsistency of Croatian firm’s capital structures with peaking order theory. The paper shows that Croatian firm’s employ debt in their capital structure close to the debt equity ratio 1:1, with the significant portion of trade credit and short term bank credits. This short term liabilities are greater than 60% of total used debt in analyzing firms. Finally, paper shows that with degree of using the cost of capital in capital structuring rise profitability of analyzing firms.
This paper discusses Corporate Social Capital and Public Relations. This paper overviewed the Social Capital studies, especially early studies in sociology field, proposed the framework to evaluate Social Capital in a capital. Social Capital has the merit to reduce transaction costs, and should be clearly positioned as a component of capital of corporation. Using the concept of the Corporate Social Capital, to rethink the definition of Public Relations, this paper proposed the following defin...
Al-Halak, A; Al-Karaghouli, W; Ghoneim, A; Koufopoulos, D
Human capital and its impact on the organisation structure capital are of paramount importance in the modern business organisations. This research in progress, which investigates and analyses the role that human capital plays in the determination of the organisation structure capital. The study is based on wide spectrum of current literature, which presents theoretical and practical research on the subject of study. Knowledge Management (KM) is systematic process based on models and technolog...
Andersen, Ida Gran; Jæger, Mads Meier
This paper tests two competing explanations of differences in returns to cultural capital across schooling environments: Cultural reproduction (cultural capital yields a higher returns in high-achieving environments than in low-achieving ones) and cultural mobility (cultural capital yields higher....... These results principally support the cultural mobility explanation and suggest that research should pay explicit attention to the institutional contexts in which cultural capital is converted into educational success....
Han, J.; Han, J; Brass, D.
We highlight the social aspects of team creativity by proposing that team creativity is influenced by two types of team social capital: bridging and bonding social capital. Going beyond the structural perspective, we posit that team-level human capital diversity is one of the potential antecedents
Hinton, Kip Austin
Social science research on communities of color has long been shaped by theories of social and cultural capital. This article is a hermeneutic reading of metaphorical capital frameworks, including community cultural wealth and funds of knowledge. Financial capital, the basis of these frameworks, is premised on unequal exchange. Money only becomes…
The measurement of capital inputs is still a contentious issue: many choices have to be made that have potentially large effects on the resulting capital input series. This paper compares a large number of methodological choices and their impact on U.S. capital services at the industry and aggregate
Lineamientos para el uso de indicadores aplicados a la evaluación de la productividad del docente-investigador que participa en proyectos de investigación del Programa de Incentivos a Docentes-Investigadores en universidades nacionales
Basanta, Elisa Marta; Bidiña, Ana Marcela; Ezeiza Pohl, Carlos Enrique
El presente trabajo se encuentra encuadrado en el eje propuesto en este evento como “Visibilidad e Interoperabilidad”, en referencia al uso de indicadores que midan el impacto de la productividad científica de docentes-investigadores que participan en proyectos de investigación del “Programa de Incentivos a docentes-investigadores” en universidades nacionales de la República Argentina. Se da cuenta en este trabajo, de las características que presentan las políticas de evaluación de la product...
Santana Hernández, Carolina
El presente proyecto investiga la relación entre las organizaciones con el medio y marketing, para lo cual se debe mencionar el conflicto de intereses de la comunidad y de la organización, y como se intenta percibir a la organización como un buen vecino dentro de la comunidad. A su vez éste estudio cuenta con objetivos basados en la identificación de redes de distribución de petróleo y gas natural, tanto nacionales como internacionales, para así abarcar un sector estratégico más preciso, y mo...
Cerón-Mireles Prudencia; Sánchez-Carrillo Constanza I.; Robledo-Vera Cecilia; Zolezzi Aurora del Río; Pedrosa-Islas Laura; Reyes-Zapata Hilda; Cerón-Mireles Berta; Ordaz-Hernández Guadalupe; Olaiz-Fernández Gustavo Adolfo
OBJETIVO: Elaborar un diagnóstico sobre la aplicación de la perspectiva de género en el campo de la investigación en salud en cuatro revistas mexicanas de los institutos nacionales de salud. MATERIAL Y MÉTODOS: Se revisaron 999 artículos publicados en cuatro revistas científicas (2000-2003), con dos niveles de análisis: a) desagregación de datos por sexo, que permite describir las diferencias entre mujeres y hombres; y b) análisis de estas diferencias desde la perspectiva de género. RESULTADO...
Gutiérrez Sanabria, Diego R.
Evalua el riesgo de las carreteras nacionales para la fauna silvestre y el uso de ciencia ciudadana como herramienta para el monitoreo de fauna silvestre atropellada en Costa Rica. A partir de ahí se desarrolló y evaluó el uso de una aplicación informática en una plataforma web ya existente, para ser usado por cualquier smartphone, lo cual, representa una propuesta innovadora y por último, se usaron datos provenientes de esta aplicación, con una de las especies que más registros de atropellos...
Araya Ibacache, Claudia
Entre el 4 y el 11 de enero de 1937 tuvieron lugar en Santiago, patrocinadas por el Gobierno chileno y la Universidad de Chile, las Primeras Jornadas Neuro-Psiquiátricas Panamericanas, a las que asistieron médicos alienistas y neurólogos de nueve países latinoamericanos. El interés del artículo es analizar las estrategias propuestas por los organizadores e invitados a las Jornadas en torno a insertar las psiquiatrías nacionales latinoamericanas en el desarrollo científico occidental en un mom...
Shahidul, S. M.; Karim, A. H. M. Zehadul; Mustari, S.
Resources from multiple social contexts influence students' educational aspiration. In the field of social capital a neglected issue is how students obtain social capital from varying contexts and which contexts benefit them more to shape their future educational plan which consequently affects their level of aspiration. In this study, we aim to…
Full Text Available The more competitive of competition in business world has made the company having competitive advantage continuously through the management of human resource. Competitive advantage can be created with intellectual capital, by human capital, structural capital, customer capital, commitment, and competence. The article discuss intellectual capital record model in facing the changes of new accounting paradigm.
... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Minimum regulatory capital requirement. 567.2... Regulatory Capital Requirements § 567.2 Minimum regulatory capital requirement. (a) To meet its regulatory capital requirement a savings association must satisfy each of the following capital standards: (1) Risk...
Alfred, Mary V.
This chapter describes social capital theory as a framework for exploring women's networking and social capital resources. It presents the foundational assumptions of the theory, the benefits and risks of social capital engagement, a feminist critique of social capital, and the role of social capital in adult learning.
Social capital. Background. Social capital is a multidimensional term that has been defined by several social scientists, all pointing to human relationships as a resource or form of capital just as valuable as human and monetary capital. Robert Putnam describes social capital as networks of trust, which are based on agreed.
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Classes of capital stock. 931.1 Section 931.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.1 Classes of capital stock. The authorized capital...
... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Minimum capital ratios. 3.6 Section 3.6 Banks and Banking COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY MINIMUM CAPITAL RATIOS; ISSUANCE OF DIRECTIVES Minimum Capital Ratios § 3.6 Minimum capital ratios. (a) Risk-based capital ratio. All...
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Transfer of capital stock. 931.6 Section 931.6 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.6 Transfer of capital stock. A Bank in its capital plan...
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Minimum investment in capital stock. 931.3... CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.3 Minimum investment in capital stock. (a) A Bank shall require each member to maintain a minimum investment in the capital stock of the Bank, both...
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Credit risk capital requirement. 932.4 Section... CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.4 Credit risk capital requirement. (a) General requirement. Each Bank's credit risk capital requirement shall be equal to the sum of the Bank's...
Evans, Caroline B R; Cotter, Katie L; Rose, Roderick A; Smokowski, Paul R
Middle- and high-school substance use is a pressing public health problem in the United States. Despite similar or, in some cases, elevated rates of substance use among rural youth, much of the extant research on adolescent substance use has focused on urban areas. The current study aims to uncover forms of social capital (e.g., ethnic identity), social capital deprivation (e.g., parent-child conflict), and anti-social capital (e.g., delinquent friends) that impact the use of alcohol, cigarettes, and marijuana in a sample of middle- and high-school students from the rural south. It was hypothesized that social capital factors would be associated with decreased substance use while social capital deprivation and anti-social capital factors would be associated with increased substance use. The hypotheses were tested using logistic regression models with generalized estimating equations. The findings indicated that for middle school youth, anti-social capital in the form of aggression and delinquent friends was significantly associated with an increased likelihood of using alcohol, cigarettes, and marijuana. For high school students, anti-social capital in the form of aggression and delinquent friends and social capital deprivation in the form of neighborhood crime were significantly associated with an increased likelihood of using alcohol, cigarettes, and marijuana. Violent behavior was also significantly associated with an increased likelihood of using marijuana. Females reported less substance use in both middle and high school; reports of use increased with age. Implications are discussed. Given the salience of social capital deprivation, substance use programs should emphasize the skills necessary to avoid or disengage from antisocial relationships.
van Mullem, T.P.G.
Economic capital for Dutch retail banking booksA study on the effects of embedded options in Dutch retail banking books on interest rate risk and economic capitalIn dit proefschrift bestuderen we de effecten van embedded options in het retail bankboek op renterisico en economisch vermogen. In
Dr. Daan Andriessen
Today, Intellectual Capital plays a principal role in the delivery of corporate performance. This importance is reflected in the fact that companies, without the force of any regulations, start to produce intellectual capital statements to communicate their performance; accounting guidelines are
Analyzes Albert French's novel "Billy" and its exploration of the United States' use of capital punishment for young criminals. Addresses the underlying causes of Billy's execution. Discusses specific themes and issues that teachers can use for classroom discussions of capital punishment. (RS)
Hofman, Peter S.; Moon, Jeremy; Wu, Bin
This article introduces the concept of corporate social responsibility (CSR) in the seemingly oxymoronic context of Chinese “authoritarian capitalism.” Following an introduction to the emergence of authoritarian capitalism, the article considers the emergence of CSR in China using Matten and Moon’s...
Hansen, Per H.
Review essay on: Capital in the Twenty-First Century. By Thomas Piketty . Translated by Arthur Goldhammer . Cambridge, Mass.: The Belknap Press of Harvard University Press, 2014. viii + 685 pp......Review essay on: Capital in the Twenty-First Century. By Thomas Piketty . Translated by Arthur Goldhammer . Cambridge, Mass.: The Belknap Press of Harvard University Press, 2014. viii + 685 pp...
Strickfaden, Megan; Heylighen, Ann
This article seeks to unravel what is hypothesised as being at the root of design education: the cultural capital of design educators. The premise is that capital is developed within the design learning environment: that is, designers-to-be and educators-to-be are encultured into design while studying, the same way that parents enculture children…
Ripley, Joan; Mitchell, Roxanne M.; Richman, John A.
This instrumental case study explored how five newly appointed superintendents identified key stakeholders and built trust and social capital with stakeholders in their districts. Stakeholder, trust, and social capital theory were the lenses that guided this study. We utilized a pragmatic research design and thematic data analysis to interpret our…
Delaney, Jennifer A.; Doyle, William R.
This paper explores the role that state spending on higher education capital outlays plays in state budgets by considering the functional form of the relationship between state spending on higher education capital outlays and four types of state expenditures. Three possible functional forms are tested: a linear model, a quadratic model, and the…
Tsai, Chun-Li; Hung, Ming-Cheng; Harriott, Kevin
The objective of this paper is to analyze the effect of various compositions of human capital on economic growth. We construct alternative measures of human capital composition using five fields of study. In each instance, the measure represents the number of graduates in the respective field as a percentage of all graduates. The measures are as…
This "issue report" contains three articles centered around the concept of "social capital", and the role of the schools in community revitalization. "Social captial" consists of organizational networks of communication and shared values that provide collective support for adults and youth in a community. In "Social Capital and the Rebuilding of…
Mohnen, S.M.; Groenewegen, P.P.; Völker, B.; Flap, H.
Neighborhood social capital is increasingly considered to be an important determinant of an individual's health. Using data from the Netherlands we investigate the influence of neighborhood social capital on an individual's self-reported health, while accounting for other conditions of health on
Mohnen, S.M.; Groenewegen, P.P.; Völker, B.G.M.; Flap, H.D.
Neighborhood social capital is increasingly considered to be an important determinant of an individual’s health. Using data from the Netherlands we investigate the influence of neighborhood social capital on an individual’s self-reported health, while accounting for other conditions of health on
Describes a capital funding model that helps assess facility renewal needs in a way that minimizes resources while maximizing results. The article explains the sub-components of a continuous improvement capital funding model, including budgeting processes for finish renewal, building performance renewal, and critical outcome. (GR)
Stimulating Economic Development Through the Capital Market: The Nigerian Experience. ... Journal of Research in National Development ... The explanatory variables were Market capitalization, All shares index Value of transactions, Volume of transactions and Number of listed companies for each of the models.
..., and the sheer scale of the endeavor. Mathematical optimization models have long played a key role in unraveling the complexities of capital planning, and the military has lead the development and use of such models. We survey the history of optimizing civilian and military capital plans and then present prototypic models exhibiting features that render these models useful for real-world decision support.
Enfield, Richard P.; Nathaniel, Keith C.
This article reports on experiences and methods of adapting a valid adult social capital assessment to youth audiences in order to measure social capital and sense of place. The authors outline the process of adapting, revising, prepiloting, piloting, and administering a youth survey exploring young people's sense of community, involvement in the…
Gabriela Victoria Anghelache
Full Text Available This paper aims to present how to quantify the minimum capital requirement for operational risk using three approaches proposed by the Basel Committee to identify optimal allocation of capital, given that until recently to this risk has been allocated a minimum attention, considering that it has a low impact on the business of financial institutions.
...-0030] RIN 2132-AA92 Capital Project Management AGENCY: Federal Transit Administration (FTA), DOT... extending the comment period on its proposed rule for Capital Project Management to December 2, 2011, to...) proposing to transform the current FTA rule for project management oversight into a discrete set of...
Potter, Mary Jo; Wesslund, Rick
As health systems continue to embrace disruptive innovation, they are increasingly likely to consider making a move into venture capital. Working in venture capital can benefit a health system in several ways, including: Allowing it to operate outside of bureaucracy and align projects with its core values. Encouraging innovation within the organization. Enabling it to respond quickly to changes in the market.
... Administration 49 CFR Part 611 Major Capital Investment Projects; Proposed Rule #0;#0;Federal Register / Vol. 77... Capital Investment Projects AGENCY: Federal Transit Administration (FTA), DOT. ACTION: Notice of Proposed... the project justification and local financial commitment criteria specified in statute and this...
Full Text Available Implementation of e-health is a very difficult and complex process in terms of health policy that requires both organizational ability to meet market requirements and well-managed internal communication, which is carried out through organizational capital and high organizational culture and philosophy. This process requires a change in the organizational processes of health care institutions, ensuring the management and use of health information in order to improve the functioning of health care institutions. Scientists emphasize that health care institutions, with a high organizational capital can effectively promote the development of e-health, by consistently improving the quality of health care services and increasing the confidence and sense of security by enhancing the individual‘s ability to become more involved in the health care system. Nevertheless, in Lithuania, the progress of health care institutions in the field of e-health varies significantly, therefore, different tendencies of e-health care indicators tend to be related to organizational capital. Organizational capital covering the various dimensions of social context analysis, and organizational capital theory is a paradigm that attempts to explain the e-health inequalities at the level of organizations. This paper has evaluated the organizational capital theory expression of the e-health level, to identify and analyze organizational capital assessment indices in the field of e-health and modeled organizational capital assessment scheme.
Full Text Available The main purpose of this paper is to analyse the interdependence between labour productivity and the occupational structure of human capital in a spatial cross-section. Research indicates (see Fischer 2009 the possibility to assess the impact of the quality of human capital (measured by means of the level of education on labour productivity in a spatial cross-section.
Da Rin, M.; Hellmann, T.; Puri, M.L.
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work on
Based on previous empirical studies, in this work the author presents an analysis of the role of context in academic capitalism. In particular, she argues that the literature on academic capitalism fails to properly acknowledge disciplinary and institutional differences, which results in an oversimplification of the effects of industry-academia…
Kauppinen, Ilkka; Kaidesoja, Tuukka
Academic capitalism is currently a widely studied topic amongst higher education scholars, especially in the United States. This paper demonstrates that the theory of academic capitalism also provides a fruitful perspective for analysing the restructuring of Finnish higher education since the 1990s, although with reservations. It will be argued…
Zhengfei, G.; Kumbhakar, S.C.; Myers, R.J.; Oude Lansink, A.G.J.M.
We introduce the concept "excess capital capacity" and employ a stochastic input requirement frontier to measure excess capital capacity in agricultural production. We also propose a two-step estimation method that allows endogenous regressors in stochastic frontier models. The first step uses
The paper analyses the historical data through a triangular matrix of capital accumulation, state reproduction and planning strategies and popular movements pressurizing to benefit from demanded land usages. Capital accumulation is viewed as a process through which wealth produced by labour accrues both to owners ...
This paper augments the theory of optimal linear income taxation by taking into account human capital accumulation as a dimension of labor supply. The distribution of earning potentials is endogenous because agents differ in the ability to learn. Taxation affects utilization rates of human capital
Hellmann, T.; Puri, M.L.; Da Rin, M.; Constantinides, G.; Harris, M.; Stulz, R.
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work on
Zolotor, Adam J; Runyan, Desmond K
Social capital includes collective efficacy, psychological sense of community, neighborhood cohesion, and parental investment in the child. It has been shown to be associated with a variety of health and welfare outcomes and may be useful in understanding and preventing parenting behaviors on the continuum of child abuse and neglect. The purpose of this research was to evaluate low social capital as a risk factor for harsh physical punishment, neglectful parenting, psychologically harsh parenting, and domestic violence. This study is an analysis of cross-sectional telephone survey data of mothers in North and South Carolina (n = 1435). We constructed a 4-point social capital index reflecting survey responses to items ascertaining neighborhood characteristics, willingness to take personal action, the presence of 2 adults in the household, and regular religious service participation. We assessed the relationship of social capital to inventories of self-reported parenting behaviors and in-home violence. In adjusted analysis, we found that each 1 point increase in a 4-point social capital index was associated with a 30% reduction in the odds of neglectful parenting, psychologically harsh parenting, and domestic violence. There was no relationship between social capital and harsh physical punishment. This study demonstrates that increasing social capital decreases the odds of neglectful parenting, psychologically harsh parenting, and domestic violence but not harsh physical punishment. This supports further investigation into developing social capital as a resource for families.
For example, researches on capital requirements have indicated that the capital base of a bank is vital for the protection of its creditors (its depositors) and hence for the maintenance of general confidence in its operations and the underpinning of its long-term stability and growth. Other researches have addressed the ...
Mendonça, Joana; Grimpe, Christoph
- and knowledge-intensive sectors. In this paper, we shed light on the skill base of a region in terms of its endowment with human capital and the composition, i.e. specialization or diversity, of skills. Moreover, we look at the context in which entrepreneurship capital formation takes place by focusing...
Wall, Ellen; Ferrazzi, Gabriele; Schryer, Frans
Overview of the origins, development, rapid diffusion, and current usage of the concept of social capital in the literature. Focuses on three approaches to operationalizing the concept: those of James Coleman, Pierre Bourdieu, and Robert Putnam. Discusses social capital as a resource, as goal-oriented, and as a contributor to social control and…
... 47 Telecommunication 2 2010-10-01 2010-10-01 false Capital stock. 32.4510 Section 32.4510... FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4510 Capital stock. (a) This account shall include the par value, stated amount, or in the case of no-par stock, the amount...
May 1, 2008 ... The purpose of this paper is to examine authentic leadership and spiritual capital as key elements for the successful building of quality management and effective organizations. It highlights the nexus between authentic leadership and spiritual capital, describes the common features of authentic leadership.
Ardichvili, Alexandre; Zavyalova, Elena; Minina, Vera
Purpose: The goal of this article is to conduct macro-level analysis of human capital (HC) development strategies, pursued by four countries commonly referred to as BRICs (Brazil, Russia, India, and China). Design/methodology/approach: This analysis is based on comparisons of macro indices of human capital and innovativeness of the economy and a…
Le Grange, L.
In this article I initiate a debate into the (de)merits of human capital theory and human capability theory and discuss implications of the debate for higher education. Human capital theory holds that economic growth depends on investment in education and that economic growth is the basis for improving the quality of human life. Human capable…
Shaffer, Leigh S.; Zalewski, Jacqueline M.
We began this series by addressing the challenges of career advising in a volatile, uncertain, complex, and ambiguous environment. In this article, we define human capital and suggest that advisors encourage students to utilize the principle of maximizing human capital when making decisions. We describe the personal traits and attitudes needed to…
Vergílio Frederico Perius
Full Text Available The early history of the cooperative system never taxed much importance to capital formation in cooperatives. The first German consumer cooperative had no equity in their accounting records. We want to analyze, even though the capital was not essential, what is its function actually.
Keuschnigg, Christian; Nielsen, Søren Bo
assubsidies to start-up costs of new firms affect venture capital-backedentrepreneurship. We also argue that dividend and capital gains taxes onmature firms have important consequences for start-up firms as well.JEL Classification: D82, G24, H24 and H25Keywords: double moral hazard, entrepreneurship, taxes...
Pennell, Summer Melody
This article takes the concept of cultural capital from Yosso's (2005) work and transforms the model for queer communities. While Yosso identified five forms of cultural capital in communities of color (familial, aspirational, navigational, resistant, and linguistic), the author identifies an additional form: transgressive. Queer cultural capital…
T.T. Nguyen (Thuy Thu)
textabstractThis thesis consists of four studies on the interactions of capital structure and product market competition, and on several aspects of governance, firm financing and growth. The first study investigates how competitive behavior and market uncertainty affect the capital structure of a
This report develops estimates of the social-opportunity cost of public capital. The private and social costs of capital are found to diverge primarily because of the effects of corporate and personal income taxes. Following Harberger, the social-opportunity cost of capital is approximated by a weighted average of the returns to different classes of savers and investors where the weights are the flows of savings or investments in each class multiplied by the relevant elasticity. Estimates of these parameters are obtained and the social-opportunity cost of capital is determined to be in the range of 6.2 to 10.8%, depending upon the parameter values used. Uncertainty is found to affect the social-opportunity cost of capital in two ways. First, some allowance must be made for the chance of failure or at least of not realizing claims of a project's proponents. Second, a particular government project will change the expected variability of the returns to the government's entire portfolio of projects. In the absence of specific information about each project, the use of the economy-wide average default and risk adjustments is suggested. These are included in the empirical estimates reported. International capital markets make available private capital, the price of which is not distorted by the U.S. tax system. The inclusion of foreign sources slightly reduces the social-opportunity cost of capital. 21 references.
Dr. Daan Andriessen; Christiaan Stam
In 2004 the report Intellectual capital of the European Union was published (Andriessen and Stam, 2004). This report provided insight in the value of the intellectual capital of the 15 countries of the European Union, in relationship to the goals set by the European Council in March 2000. Since this
King, Candice A.; Carpenter, James L.
In July 1979, the Florida legislature commissioned a comprehensive evaluation of the state's educational fixed capital outlay (EFCO) program, through which the state funded all capital projects at all levels of public education. The study, completed for the 1980 legislative session, comprised 18 topical reports including EFCO funding recipients,…
A review of the literature was conducted to explore the continuing racial disparity in capital punishment and its effects on family members of African American capital defendants. Statistical studies conducted on both the state and national level conclude that racial bias influences all stages of the death penalty process, with race of the victim being one of the most significant factors. This racial bias places an added burden on family members of African American capital defendants. While research has explored the impact of capital punishment on family members of capital defendants, the unique experiences of family members of African American defendants has not been addressed in the research literature.
Anthony, Denise L.; Campbell, John L.
This paper reflects on Elinor Ostrom’s classic book, Governing the Commons, and much work in sociology, political science and organization studies that has appeared since its publication. We do so in order to expand our understanding of the conditions under which cooperation occurs resulting...... in the production of collective goods. We explore two issues that were underdeveloped in her book that have subsequently received much attention. First, we discuss how states can facilitate cooperative behavior short of coercively imposing it on actors. Second, we discuss how social capital can facilitate...... or undermine cooperative behavior. In both cases we focus on the important mechanisms by which each one contributes to the development of cooperative behavior and collective goods. We conclude by extending our arguments to a brief analysis of one of the world’s newest and largest collective goods...
The city that once proclaimed itself The Uranium Capital of America is in the process of divorcing itself from the radioactive element - literally as well as symbolically. The last vestiges of uranium are being shoveled from the community. The removal is part of the federal Department of Energy's (DOE) Remedial Action program. It was established in 1972 to clean up areas of the country in which radiation exposure in excess of normal background levels could be attributed to wastes from DOE-operated uranium processing plants. Grand Junction was the first area to qualify. A good portion of the city is built on radioactive tailings - by-products of a uranium-processing industry. The DOE and the Environmental Protection Agency established guidelines for action levels of radiation. The standards were extrapolated from data from studies of lung cancer incidence in uranium miners in Europe and the US
Murillo, David; Vallentin, Steen
This paper is a response to the opening of new lines of research on CSR and SMEs (Thompson & Smith, 1991; Spence, 1999; Moore & Smith, 2006; Spence, 2007). It seeks to explore the business case for CSR in this corporate segment. The paper, which is based on four case studies of medium-sized firms...... this type of action d) Any study of this kind of practice requires a dual approach: a) normative when using tools developed by CSR; and b) descriptive and instrumental using the notion of social capital....... in the automotive sector, took the distinctive approach of trying to understand the nature of CSR-like activities developed not by best-in-class CSR-driven companies but by purely competitiveness-driven firms. The case studies provide explicit evidence that the CSR activities of SMEs and the notion of social...
Full Text Available This paper studies dynamic interdependence among physical capital, resource and human capital. We integrate the Solow one-sector growth, Uzawa-Lucas two-sector and some neoclassical growth models with renewable resource models. The economic system consists of the households, production sector, resource sector and education sector. We take account of three ways of improving human capital: Arrow’s learning by producing (Arrow, 1962, Uzawa’s learning by education (Uzawa, 1965, and Zhang’s learning by consuming (Zhang, 2007. The model describes a dynamic interdependence among wealth accumulation, human capital accumulation, resource change, and division of labor under perfect competition. We simulate the model to demonstrate existence of equilibrium points and motion of the dynamic system. We also examine effects of changes in the productivity of the resource sector, the utilization efficiency of human capital, the propensity to receive education, and the propensity to save upon dynamic paths of the system.
Christo Johannes Cronje
Full Text Available In the past few decades, the economy has moved from an industrial to a knowledge economy. Consequently, basic factors of production now no longer comprise only natural resources, capital and labour, but also intellectual capital. Despite the shift from an industrial to a knowledge economy, the accounting framework and financial reporting have not changed sufficiently to include intellectual capital. The research problem attempts to explore whether the theory of accounting should be modified for a standardised and comparable approach when accounting and reporting on intellectual capital. To solve the research problem, a literature review and content analysis on corporate annual reports were used. The results of this study indicate that the theory of accounting should be modified to ensure a standardised and comparable approach when accounting and reporting on intellectual capital in corporate annual reports.
Jæger, Mads Meier; Møllegaard, Stine
. Second, cultural capital leads teachers to form upwardly biased perceptions of children's academic ability, but only when their exposure to children's cultural capital is brief (as in oral and written exams) rather than long (as in grades awarded at the end of the school year). Third, we find......In this paper we use new data on Danish monozygotic (MZ) twins to analyze the effect of cultural capital on educational success. We report three main findings. First, cultural capital has a positive direct effect on the likelihood of completing the college-bound track in Danish secondary education...... that the positive direct effect of cultural capital on educational success is higher for children from high-socioeconomic status (SES) backgrounds than for those from low-SES backgrounds. This result suggests that high-SES children are more likely to be in schooling contexts that enable them to convert cultural...
Hansen, Teis; Winther, Lars; Hansen, Ronnie Fibæk
, the influence of human capital on the development of low-tech industries is yet to be analysed. This paper provides such an examination of low-tech industries based on an analysis of employment data within manufacturing industries in Denmark in the period 1993–2006. The findings highlight, first, that human......An essential feature associated with the rise of the knowledge economy has been the increasing focus on the importance of human capital as a precondition for economic growth. Human capital has been found to have a positive impact on the economic growth of high-tech industries, however...... capital appears to be equally important for economic development in low-tech industries and, second, that the divide between the large urban regions, especially Copenhagen, and the rest of the country plays the primary role in explaining the geography of human capital. These findings stress the relevance...
Agampodi, Thilini Chanchala; Rheinlaender, Thilde; Agampodi, Suneth Buddhika
and healthsystems at each level providing focused maternal care.Conclusion: Current tools available may not contain the relevant constructs to capture the unique dimensionsof social capital in pregnancy. Social capital can influence health during pregnancy, mainly through improvedpsychosocial resources generated......Background: Dimensions of social capital relevant to health in pregnancy are sparsely described in the literature.This study explores dimensions of social capital and the mechanisms in which they could affect the health of ruralSri Lankan pregnant women.Methods: An exploratory qualitative study......-diary interviews.Sixteen key informant interviews were conducted with public health midwives and senior community dwellers.We identified ten cognitive and five structural constructs of social capital relevant to health in pregnancy. Domesticand neighborhood cohesion were the most commonly expressed constructs...
Aristides Isidoro Ferreira
Full Text Available This study focuses on the influence intellectual capital has on employees’ perceptions as related to both company investments and productivity levels. The data was obtained from 440 employees at 13 Portuguese companies. Both ANOVA and Regression Analysis were conducted in order to understand the impact three Intellectual Capital Scale components have on perceptions of investment and organizational productivity. Results show that companies with higher scores of Structural Capital have a lower perception of investment in human resources and research, as well as a higher perception of investment in marketing and sales. Moreover, employees of companies with higher Structural Capital scores also have higher perceptions of productivity. On the other hand, organizations with higher investment in Customer Capital tend to be associated with a lower perception of organizational productivity.
Bjørnskov, Christian; Sønderskov, Kim Mannemar
This paper explores whether the concept of social capital as popularized by Robert Putnam is a good social science concept. Taking Gerring’s work on concept evaluation as the starting point, the paper first presents a set of criteria for conceptual ‘goodness’ and discusses how social capital...... performs on these criteria. It is argued that social capital eventually may be a good concept if it can be shown empirically to be a unidimensional concept. An empirical section therefore explores the validity of the unidimensionality assumption and rejects it in four separate tests at both the individual...... and aggregate level. We conclude that even if social capital has been a remarkably productive idea, it is not a good concept as most popular conceptualizations define social capital as several distinct phenomena or as phenomena that already have been conceptualized under other labels....
Full Text Available The tax policies which states follow with regard to developing technology and capital investments with raising mobility due to globalism are need to be discussed in its legal basis. The principle of tax neutrality has the aim of being legal foundation for these policies. According to this, the neutrality principle in taxation of international capital investments is provided with two measures, namely; not effecting the investment decision and not discriminate between investments. In this paper, initially focused on the conceptual framework and the foundations of the tax neutrality principle and later capital export neutrality and capital import neutrality are considered and explained with regard to international capital movements. Moreover, conformity and diversion to the principle of the current situation and regulations in OECD, EU and Turkey are examined.
Full Text Available The aims of this study are to analyze the effect of intellectual capital performance on intellectualcapital disclosure in annual report of manufacturing company listed in Indonesia Stock Exchange(IDX period 2004-2006 and to analyze the level of intellectual capital disclosure in annualreport period 2004-2006. 50 companies was taken as samples in the research.This paper usescontent analysis to compile a measure of disclosure on each annual report of manufacturingcompany and statistical analysis to test whether intellectual capital performance has a positiveeffect to intellectual capital disclosure. Based on statistical analysis, it is concluded that theintellectual capital performance and firm size have a positive effect to intellectual capitaldisclosure. Leverage has no effect to intellectual capital disclosure. The result of content analysisshows that the intellectual capital disclosure in annual report of manufacturing company period2004-2006 are less than 50%.
Full Text Available BACKGROUND: Oxytocin is known to be related to social behaviors, including trust. However, few studies have investigated the association between oxytocin levels and social capital. Thus, we tested the hypothesis that endogenous oxytocin levels are positively associated with social capital. We also considered whether the association differed across gender because previous studies have shown differential effects of OT on social behaviors depending on gender. METHODS: We recruited a convenience sample of 50 women and 31 men in Japan via community sampling from whom we obtained urine sample with which to measure oxytocin levels. Individual-level cognitive social capital (social trust and mutual aid and structural social capital (community participation were assessed using a questionnaire. We used multivariate regression, adjusted for covariates (age, number of children, self-rated health, and education, and stratified by gender to consider associations between oxytocin and social capital. RESULTS: Among women, oxytocin was inversely associated with social trust and mutual aid (p<0.05. However, women participating in only 1 organization in the community showed higher oxytocin than women who participated in either no organizations (p<0.05 or 2 or more organization (i.e. inverse-U shape association. Among men, no association was observed between oxytocin and either form of cognitive and structural social capital. CONCLUSION: Women who perceived low cognitive social capital showed higher oxytocin levels, while structural social capital showed inverse-U shape association with oxytocin. No association between oxytocin and social capital was found among men. Further study is needed to elucidate why oxytocin was inversely associated with cognitive social capital only among women.
Full Text Available The purpose of this paper is to measure the effects of intellectual capital components; namely, human capital, structural capital and relational capital on company performance in Iranian auto industry. The study uses a questionnaire consists of 100 questions to cover intellectual capital and company performance in Likert scale and it is distributed among 180 experts in one of Iranian auto industry. Cronbach alphas for intellectual capital components, i.e. human capital, relational capital and structural capital are 0.82, 0.80 and 0.80, respectively. In addition, Cronbach alpha for company performance is 0.82. Using structural equation modeling, the study has determined a positive and meaningful relationship between intellectual capital and company performance. The study has also determined a positive and meaningful relationship between human capital and structural capital. Among components of performance, efficiency maintained the highest effect while innovation represents the minimum effect.
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Este artículo sugiere que esta época es la mejor y peor para la labor académica. La mejor en cuanto hay más publicaciones académicas que nunca. Y la peor porque sobra mucho de estas publicaciones. Trabajando en las condiciones competitivas del capitalismo académico, los académicos se sienten en la necesidad de continuar publicando, independientemente de que tengan algo que decir. Las presiones de publicar continuamente y promover la propia perspectiva se reflejan en la manera en la que los científicos sociales están escribiendo. Y es que los académicos utilizan un lenguaje técnico basado en sustantivos, con una precisión menor a la del lenguaje ordinario. Los estudiantes de postgrado han sido educados en esta manera de escribir como una condición previa a iniciarse en las ciencias sociales. Así, la naturaleza misma del capitalismo académico no sólo determina las condiciones en las que los académicos trabajan, sino que también afecta su manera de escribir.
This paper suggests that it is the best and worst of times for academic work. It is the best of times because there are more academics publishing than ever before. It is the worst of times because there is much unnecessary publication. Working in the competitive conditions of academic capitalism, academics feel impelled to keep publishing, whether or not they have anything to say. The pressures to publish continually and to promote one’s own approach are reflected in the way that social scientists are writing. Academics use a noun-based technical language, which is less precise than ordinary language. Postgraduates are taught this way of writing as a precondition for entering the social sciences. In this way, the nature of academic capitalism not only determines the conditions under which academics are working but it affects the way that they are writing.
Colonel Don Benito Machado. A National Guards commandant on the southern frontier of Buenos Aires [1852-1880] El coronel Don Benito Machado. Un comandante de Guardias Nacionales en la frontera sur bonaerense [1852-1880
Full Text Available In this work, we will analyze the National Guard regiments and the role played by their commandants during the process of national organization on the southern frontier of Buenos Aires, from the case study of coronel don José Benito Machado. First of all, our objective will be describe the specific characteristics that adopted the National Guards in the societies of the southern frontier of the province of Buenos Aires. And then, to analyze the mechanisms developed by Benito Machado to build the power bases in the region that enabled the consolidation of its leadershipEn el presente trabajo, analizamos los regimientos de Guardias Nacionales y las funciones que desempeñaron sus comandantes durante el proceso de organización nacional en la frontera sur bonaerense, desde el estudio de caso del coronel don José Benito Machado. En primer lugar, repasamos las características específicas que adoptaron las Guardias Nacionales en las sociedades de la frontera sur de la provincia de Buenos Aires; mientras que, en segundo lugar, analizamos los diversos mecanismos desarrollados por Benito Machado para construir las bases de poder en la región que posibilitaron el afianzamiento de su liderazgo
Nehring, Richard; Butault, Jean-Pierre; Ball, V. Eldon; San Juan Mesonada, Carlos
This paper provides a farm sector comparison of relative levels of capital input for seventeen OECD countries for the period 1973-2011. The starting point for construction of a measure of capital input is the measurement of capital stock. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past investments. The weights correspond to the relative efficiencies of capital goods of different ages, so that the weighted components of...
Well established and maintained green areas have a key role on reaching the high quality of life and sustainability in urban environments. Therefore, green areas must be carefully accounted and evaluated in the urban planning affairs. In this context, the European Green Capitals, which attach a great importance to the green areas, have a great potential to act as a role model for both small and big cities in all around the world. These leading cities (chronologically, Stockholm, Hamburg, Vitoria-Gasteiz, Nantes, Copenhagen, Bristol, Ljubljana, Essen and Nijmegen) are inspiring for the other cities which seek to achieve more sustainable and environmentally friendly places through green areas. From this point of view, the aim of this paper was to investigate the green areas of the European Green Capitals. The paper covered whole European Green Capitals, and the application form of each Green Capital was used as a primary data source. Consequently, the paper put forwarded that the European Green Capitals have considerably large amount and high proportion of green areas. Further, these cities provide an excellent access to the public green areas. As a result of abundant provision and proper distribution, the almost all citizens in most of the Green Capitals live within a distance of 300 meters to a green area. For further researches, the paper suggested that these green capitals should be investigated in terms of their efforts, measures, goals and plans, policies and implications to administer, to protect, to enhance and to expand the green areas.
G. S. Merzlikina
Full Text Available The article presents the basic problems of fixed capital reproduction. There are considered a significant depreciation of fixed assets of Russian enterprises. There are presented arguments in favor of urgency of the problem of reproduction of fixed assets of the Russian Federation. The paper presents theoretical evidence base basic types of fixed capital reproduction. There are identified all possible sources of simple and expanded reproduction of capital. There are considered the role of value and feasibility of depreciation in the formation of Reserve reproduction. Suggested the formation of accounting and analytical management provision fixed capital, as well as an innovative system of fixed capital reproduction, which implies the creation of depreciation , capital, revaluation, liquidation reserves. The algorithm of business valuation based on an innovative system of capital reproduction. The algorithm and the possibility of formation of reserves are considered on a concrete example of one of the industrial enterprises of the city Volgograd. On the basis of the algorithm presented calculations of business valuation of the enterprise. Calculations have shown an increase in value of the business condition of the formation of special reserves, which underlines the necessary and urgency of their formation in accounting policy and economy organizations and enterprises of Russia as a whole.
Full Text Available JEREMIE (Joint European Resources for Micro to Medium Enterprises program was implemented as a part of the EU cohesion policy in the framework of 2007-2013 programming period. The primary objective of the program was to enhance the financing prospects of SME’s through structural funds that provide financial engineering instruments like loan, guarantee and venture capital. This paper focuses on the effects of JEREMIE on Hungary’s venture capital market. Since 2010, 28 JEREMIE backed venture capital funds were founded in four rounds and 130 billion HUF capital was allocated into these funds with the contribution of Hungarian government. A well-established venture capital market can boost entrepreneurship and innovation, therefore economic growth which is the foundation of government involvement. On the other hand, there is an extensive literature highlighting the limits and possible drawbacks of the active role of public sector in the venture capital market. There is a consensus in the literature that in the long run the extensive role of government in venture capital industry is counterproductive. Substituting market participants by government agencies will hardly result in a competitive and efficient market. However, temporarily as a catalyst public sector can contribute to the development of venture capital market. Direct government intervention supportable temporarily only in the infancy of the industry. The primary objective of every program must be to develop the market to the level where it becomes self-sustaining. This way the success of these programs must not be measured only by the amount of invested capital, financial performance of venture capital funds and venture capital backed companies. Raising private sector awareness and the progress of necessary institutions are also the criteria of a successful program. During the design and implementation of venture capital agendas these aspects must be taken into consideration. This
Full Text Available The financial shifts encountered in the last decade, increase the importance of capital markets in emerging countries, which is also Romania’s case. The banking system was for a long period of time the main source of liquidity for the economy. Meanwhile, the situation is changing due to the importance that capital market has in financing the economy. Through this paper we analyze the transactions’ evolution made by financial intermediaries on Romanian capital market, by highlighting the Societies for Financial Services and Investments (SSIF. Based on this evolution, we identified the main significant differences and similarities between the SSIFs existing on the market.
Hansen, Høgni Kalsø; Winther, Lars
human capital in understanding regional growth. We examine to what extent different labour competences and capabilities relate to municipal employment growth using nine stratified, educational categories as proxies for different levels of human capital. Dividing municipalities into four spatial...... categories ranging from the urban to the peripheral, we conclude that there is a strong spatial distinction of educational structures with an urban bias, and that educational categories other than academic human capital can make an important contribution to our understanding of what drives employment growth...
Full Text Available The purpose of this paper is to show the influence of knowledge dynamics processes upon the intellectual capital in organizations. In the literature, the authors focus on knowledge dynamics and knowledge management or intellectual capital but very few papers discuss the influence of knowledge dynamics upon the structure and functionality of intellectual capital in organizations. We use a conceptual approach based on the theory of multifield organizational knowledge and the theory of organizational integrators to demonstrate that intellectual capital structure results from the organizational knowledge dynamics. The well-known model of intellectual capital based on human capital, structural capital and relational capital appears as a meta-model that can be decomposed into rational capital, emotional capital and spiritual capital in organizations.
A dynamic model of the social relations between workers and capitalists is introduced. The model self-organises into a dynamic equilibrium with statistical properties that are in close qualitative and in many cases quantitative agreement with a broad range of known empirical distributions of developed capitalism, including the power-law firm size distribution, the Laplace firm and GDP growth distribution, the lognormal firm demises distribution, the exponential recession duration distribution, the lognormal-Pareto income distribution, and the gamma-like firm rate-of-profit distribution. Normally these distributions are studied in isolation, but this model unifies and connects them within a single causal framework. The model also generates business cycle phenomena, including fluctuating wage and profit shares in national income about values consistent with empirical studies. The generation of an approximately lognormal-Pareto income distribution and an exponential-Pareto wealth distribution demonstrates that the power-law regime of the income distribution can be explained by an additive process on a power-law network that models the social relation between employers and employees organised in firms, rather than a multiplicative process that models returns to investment in financial markets. A testable consequence of the model is the conjecture that the rate-of-profit distribution is consistent with a parameter-mix of a ratio of normal variates with means and variances that depend on a firm size parameter that is distributed according to a power-law.
Full Text Available This paper is about the reconciliation of cultural analysis with political economy in Marxist-inspired research on communications. It traces how these two traditions became separated with the development of a one-dimensional and consumerist cultural studies, on the one-hand, and a more classically Marxist political economy of communications, on the other hand, that was accused of holding a simplistic and erroneous concept of ideology. The paper defends a conception of ideology as distorted communication motivated by unequal power relations and sketches a multidimensional mode of cultural analysis that takes account of the moments of production, consumption and textual meaning in the circulation of communications and culture. In accordance with this framework of analysis, the cool-capitalism thesis is outlined and illustrated with reference to Apple, the ‘cool’ corporation. And, the all-purpose mobile communication device is selected as a key and urgent focus of attention for research on commodity fetishism and labour exploitation on a global scale today.
Völlmecke, Dominik; Jindra, Björn; Marek, Philipp
This study examines income convergence in regional GDP per capita for a sample of 269 regions within the European Union (EU) between 2003 and 2010. We use an endogenous broad capital model based on foreign direct investment (FDI) induced agglomeration economies and human capital. By applying...... a Markov chain approach to a new dataset that exploits micro-aggregated sub-national FDI statistics, the analysis provides insights into regional income growth dynamics within the EU. Our results indicate a weak process of overall income convergence across EU regions. This does not apply to the dynamics...... within Central and East European countries (CEECs), where we find indications of a poverty trap. In contrast to FDI, regional human capital seems to be associated with higher income levels. However, we identify a positive interaction of FDI and human capital in their relation with income growth dynamics....
Marcos Fernandes Gonçalves da Silva
Full Text Available The objective of this paper is to define social capital as social infrastructure and to try to include this variable in an economic growth model. Considering social capital in such a way could have an impact on the productivity of production factors. Firstly, I will discuss how institutional variables can affect growth. Secondly, after analyzing several definitions of social capital, I will point out the benefits and problems of each one and will define social capital as social infrastructure, aiming to introduce this variable into an economic growth model. Finally, I will try to open the way for subsequent empirical studies, both in the area of measuring the stock of social infrastructure as well as those comparing economies, with the idea of showing the impact of social infrastructure on economic growth.
Montgomery County of Maryland — This dataset includes pertinent information relating to a capital project’s status administered by the Department of Transportation and the Department of General...
Report from Greening America's Capitals project in Des Moines, IA, to help the city enhance the 6th Avenue Corridor with pedestrian and bike improvements and green infrastructure to manage stormwater.
Nielsen, Christian; Farooq, Omar
not only have high payout ratios, but also have a greater likelihood of increasing and paying dividends. Our findings are consistent with our hypothesis that lower information asymmetries of firms with high intellectual capital disclosure lead to more favourable dividend policies. In opposition......The purpose of this article is to document the relationship between intellectual capital disclosure and dividend policies of biotechnology firms listed on the Copenhagen Stock Exchange during the period between 2001 and 2010. The firms’ intellectual capital disclosures were computed from the annual...... financial reports, while data on dividend policies was retrieved from Worldscope. This paper defines dividend policies by three variables: (1) Dividend payout ratio, (2) Decision to pay dividend, and (3) Increase in dividend payout. The results show that firms with higher intellectual capital disclosures...
Full Text Available Various scientists in the modern age of management have launched different models for evaluating intellectual capital, and some of these models are analysed critically in this study, too. Most authors examine intellectual capital from a static perspective and focus on the development of its various evaluation models. In this chapter we surveyed the classical static models: Sveiby, Edvisson, Balanced Scorecard, as well as the canonical model of intellectual capital. In a spectral dynamic analysis, organisational intellectual capital is structured in: organisational knowledge, organisational intelligence, organisational values, and their value is built on certain mechanisms entitled integrators, whose chief constitutive elements are: individual knowledge, individual intelligence and individual cultural values. The organizations, as employers, must especially reconsider those employees’ work who value knowledge because they are free to choose how, and especially where they are inclined to invest their own energy, skills and time, and they can be treated as freelancers or as some little entrepreneurs .
Full Text Available Fair value generated intense debate during the last years, as the financial turmoil influenced many economies and capital markets, including the Romanian ones, too. Some researchers and professionals consider fair value in charge with the financial crisis and they ask for historical cost accounting basis for financial reporting. Fair value has its supporters, too. They consider that fair value reflects the effects of changes in market conditions when they take place, and accounting information is more reliable in this framework. Following recent regulations, Romanian entities activating on capital market as investors in capital market instruments, or whose shares are traded on a regulated market, must prepare their individual financial statements in accordance with the International Financial Reporting Standards. The study provides some conclusions that could enlarge the utility of fair value related to entities that activate on Romanian capital market.
Full Text Available The volatility of the global economy, changing business practices, and academic developments have created a need to re-examine Indian corporate capital budgeting practices. Our research is based on a sample of 77 Indian companies listed on the Bombay Stock Exchange. Results reveal that corporate practitioners largely follow the capital budgeting practices proposed by academic theory. Discounted cash flow techniques of net present value and internal rate of return and risk adjusted sensitivity analysis are most popular. Weighted average cost of capital as cost of capital is most favoured. Nevertheless, the theory-practice gap remains in adoption of specialised techniques of real options, modified internal rate of return (MIRR, and simulation. Non-financial criteria are also given due consideration in project selection.
W. Deng (Wendong)
markdownabstract__Abstract__ This thesis contributes to two research streams of the literature regarding agricultural cooperatives, namely, social capital and product diversification of cooperatives. First, the thesis examines the nature of a marketing cooperative by considering both its economic
Bowen, Jr., Stuart W; Nash, William L
...) Human Capital Management, (2) Contracting, and (3) Program and Project Management. In each subject area, SIGIR gathers information through research and interviews, collating and distilling the results into a white paper...
Economic and social resources are known to contribute to the unequal distribution of health outcomes. Culture-related factors such as normative beliefs, knowledge and behaviours have also been shown to be associated with health status. The role and function of cultural resources in the unequal distribution of health is addressed. Drawing on the work of French Sociologist Pierre Bourdieu, the concept of cultural capital for its contribution to the current understanding of social inequalities in health is explored. It is suggested that class related cultural resources interact with economic and social capital in the social structuring of people's health chances and choices. It is concluded that cultural capital is a key element in the behavioural transformation of social inequality into health inequality. New directions for empirical research on the interplay between economic, social and cultural capital are outlined.
Patricia Martínez García de Leaniz; Ignacio Rodríguez del Bosque
Purpose: Intellectual capital offers a potential source of sustainable competitive advantage and is believed to be the source from which economic growth may sprout. However, not many papers analyze the effect of sustainability in the elements involving intellectual capital. This paper seeks to highlight the key role played by corporate sustainability on corporate reputation as one of the key components of relational capital based on the knowledge-based theory.Design/methodology/approach: Auth...
Frick, Andreas; Maxin, Hannes
Venture capital and corporate venture capital firms are driven by high financial returns through the sale of ownership stakes. Additionally, corporate venture capital firms maximize the profits of their parent companies by generating innovation advantage. Despite this, both intermediaries can join syndicates to obtain more information about their potential investments. We examine a model to show the differences between the syndication decisions of these two investor types. We find that corpor...
Svendsen, Gunnar Lind Haase; Svendsen, Gert Tinggaard
are urging all social scientists to think more as social scientists rather than just as anthropologists, economists, historians, political scientists, or sociologists. Their effort to broaden the way social scientists think about social organization is an important step, especially for those of us interested...... such as physical, financial and human capital. They attempt to bridge the gap between theory and reality by examining the main factors that determine entrepreneurship, co-operative movements and the creation and destruction of social capital....
Abstract In a recent paper exploring the relationship between a country's financial system, industrialisation and economic development, I concluded that stock markets are potent symbols of capitalism but paradoxically capitalism flourishes better without them (Singh 1997). It will be argued in this paper that contrary to the international financial institutions (IFIs) who are encouraging and assisting Sub-Saharan African (SSA) countries in establishing stock markets, this conclusion is pa...
Aguero, Jorge; Balcazar, Carlos Felipe; Maldonado, Stanislao; Ñopo, Hugo
How do resource booms affect human capital accumulation? We exploit time and spatial variation generated by the commodity boom across local governments in Peru to measure the effect of natural resources on human capital formation. We explore the effect of both mining production and tax revenues on test scores, finding a substantial and statistically significant effect for the latter. Transfers to local governments from mining tax revenues are linked to an increase in math test scores of aroun...
This article integrates human capital theory with a theory of information accumulation and labor mobility. A model is constructed for the determination of human capital accumulation, job matching, and mobility that accounts for heterogeneity on both sides of the labor market. The model provides explanations for observable relationships between earnings, mobility, age, and job tenure. It also provides comparative static results of how the labor-market equilibrium is affected by changes in the ...
Campbell, John L.; Pedersen, Ove K.
Proponents of the varieties of capitalism literature maintain that capitalist countries whose institutions best fit either the liberal market economy or coordinated market economy types will perform the best. Countries whose institutions are more mixed will perform less well. This paper challenges....... The dynamic interaction of elements found in both liberal and coordinated types of capitalism have contributed to its success. This is demonstrated by analyses of the institutions that coordinate Danish labor markets, vocational training, and industrial policy....
Corduneanu, Carmen; Iovu, Laura Raisa
Considerable evidence shows that countries with the most developed financial sectors and capital markets enjoy the strongest economic growth over the long run. The non-financial sector, small and medium sized entities can access a wider availability of more innovative and lower cost finance to aid their growth, while larger companies profit from an overall reduction in the cost of capital and a wider range of financial products. These economical agents in search of alternatives for financing ...
Sergio Ezequiel Quijano Quijano
Full Text Available This article shows contributions from leading researchers in the fi eld of social capital as support of corporate sustainability and the contribution generated by a descriptive case study based on a representative sample from entrepreneurs from the Fundación Parque de Desarrollo Tecnológico (Parquesoft in Colombia, to contrast the theoretical approaches. The findings show a slight presence of social capital in the performance of incubated entrepreneurs.
.... The leadership provided by this subcommittee and the Senate Committee on Governmental Affairs has been especially important in focusing attention on the federal government s human capital challenges.
Covell, Christine L; Sidani, Souraya
To test the selected propositions of the middle-range theory of nursing intellectual capital. The nursing intellectual capital theory conceptualizes nursing knowledge's influence on patient and organizational outcomes. The theory proposes nursing human capital, nurses' knowledge, skills and experience, is related to the quality of patient care and nurse recruitment and retention of an inpatient care unit. Two factors in the work environment, nurse staffing and employer support for nurse continuing professional development, are proposed to influence nursing human capital's association with patient and organizational outcomes. A cross-sectional survey design. The study took place in 2008 in six Canadian acute care hospitals. Financial, human resource and risk data were collected from hospital departments and unit managers. Clearly specified empirical indicators quantified the study variables. The propositions of the theory were tested with data from 91 inpatient care units using structural equation modelling. The propositions associated with the nursing human capital concept were supported. The propositions associated with the employer support for nurse continuing professional development concept were not. The proposition that nurse staffing's influences on patient outcomes was mediated by the nursing human capital of an inpatient unit, was partially supported. Some of the theory's propositions were empirically validated. Additional theoretical work is needed to refine the operationalization and measurement of some of the theory's concepts. Further research with larger samples of data from different geographical settings and types of hospitals is required to determine if the theory can withstand empirical scrutiny. © 2013 Blackwell Publishing Ltd.
Full Text Available Social capital is often seen as a substitute for lack of other types of capital amongpoor people. Because of the recognized applicability of the social capital conceptand its correlation with the different dimensions of poverty, it has been used inevaluating the adaptation and integration of involuntarily displaced individualsinto their new environment. This paper presents insights based on a review of thefindings of studies that looked into the role of social capital in conflict- anddevelopment-induced displacement contexts. Althoughboth types of displace-ments are involuntary or forced in nature, they differ in terms of the role of socialcapital regarding its main sources, the formation pattern and its determinants.Social capital studies in forced resettlement appear to be relatively small innumber and are heavily concentrated on first worldcountries and conflict- anddevelopment-induced displacements. The conduct of similar studies in developingcountries and in a disaster-induced resettlement context, the third type ofinvoluntary displacement, should generate new and relevant findings regardingthe role of social capital in resettlement communities.
Full Text Available The Romanian Capital Market Law (Law no 297/2004 lays down rules regarding public offers (to buy or sell of securities admitted to trading on a regulated market. Such offers are not unknown in the general framework of companies’ regulations, i.e. Company Law no 31/1990. Actually a public limited liability company (joint stock company can use a public subscriptions (offering shares for sale to raise the registered capital for incorporation of the company or to increase the company’s share capital already established. But all such operations are voluntary decisions. The founders or the shareholders of the company are those who decide to launch a public subscriptions. Capital Market Law comes with something new and at least peculiar at first sight: mandatory takeover bid, meaning a mandatory public offer made by an offeror to the holders of the securities of a company (offeree to acquire all or some of those securities. Can someone be forced to buy securities on the regulated market? The Capital Market Law responds affirmatively, but only if such takeover bid follows or has as its objective the acquisition of control of the offeree company in accordance with national law. The takeover bid remains under supervision and authorization of the national authority of the Capital Market (FSA – Financial Supervisory Authority.
Full Text Available Measurement of human capital is not an easy to do because it is dynamic and always changing in accordance with the changing circumstances. Determination of dimensions and indicators of measurement needs to consider various factors such as situations and also the research scopes. This article has objectives to review the concepts, dimensions and measurement models of human capital. The research method used was literature study with a major reference source from current journal articles that discuss the measurement of human capital. Results of the study showed that basically the definition set forth in any dimension containing either explicitly or implicitly. In addition, the result indicated that there are three main categories of equality among researchers regarding the definition of human capital which emphasizes on: economic value/productivity, education, and abilities/competencies. The results also showed that the use of definitions, dimensions, and indicators for measurement of human capital depends on the situation, the scope of research, and the size of the organization. The conclusion of the study indicated that the measurement model and determination of dimensions and indicators of human capital measurement will determine the effectiveness of the measurement, and will have an impact on organizational performance.
King, Heather; Nomikou, Effrosyni; Archer, Louise; Regan, Elaine
Across the globe, governments, industry and educationalists are in agreement that more needs to be done to increase and broaden participation in post-16 science. Schools, as well as teachers, are seen as key in this effort. Previous research has found that engagement with science, inclination to study science and understanding of the value of science strongly relates to a student's science capital. This paper reports on findings from the pilot year of a one-year professional development (PD) programme designed to work with secondary-school teachers to build students' science capital. The PD programme introduced teachers to the nature and importance of science capital and thereafter supported them to develop ways of implementing science capital-building pedagogy in their practice. The data comprise interviews with the participating teachers (n = 10), observations of classroom practices and analyses of the teachers' accounts of their practice. Our findings suggest that teachers found the concept of science capital to be compelling and to resonate with their own intuitive understandings and experiences. However, the ways in which the concept was operationalised in terms of the implementation of pedagogical practices varied. The difficulties inherent in the operationalisation are examined and recommendations for future work with teachers around the concept of science capital are developed.
... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Corporate credit union capital. 704.3 Section... CORPORATE CREDIT UNIONS § 704.3 Corporate credit union capital. (a) Capital plan. A corporate credit union... strategies which provide for the building of capital consistent with regulatory requirements, the maintenance...
... partners' contributed capital of a Partnership RBIC, in each case subject to the limitations in paragraph... 7 Agriculture 15 2010-01-01 2010-01-01 false Private Capital for RBICs. 4290.230 Section 4290.230... Qualifications for the RBIC Program Capitalizing A Rbic § 4290.230 Private Capital for RBICs. (a) General...
Dr. Daan Andriessen
The value of CUlTent organizations and industries is increasingly located in intangibles (human capital, structural capital and relational capital) and basically,knowledgehasbecomea factor of production and a main asset. This Intellectual Capital does not appear on balance sheets,but ultimately does
Many researchers link social capital theory to education and commonly use examples from the field of education to examine social capital theory. Accordingly, they accept that reflections and contributions of social capital can be observed in the field of education. This paper examines social capital's effects on academic success in education. In…
... 47 Telecommunication 2 2010-10-01 2010-10-01 false Cash working capital. 36.182 Section 36.182 Telecommunication FEDERAL COMMUNICATIONS COMMISSION (CONTINUED) COMMON CARRIER SERVICES JURISDICTIONAL SEPARATIONS... Cash Working Capital § 36.182 Cash working capital. (a) The amount for cash working capital, if not...
... providers); (4) Describe the frequency with which capital analyses will be conducted; (5) State how capital... NATIONAL CREDIT UNION ADMINISTRATION 12 CFR Part 702 RIN 3133-AE27 Capital Planning and Stress... maintain capital plans. DATES: Comments must be received on or before December 31, 2013. ADDRESSES: You may...
... (CONTINUED) VA HOMELESS PROVIDERS GRANT AND PER DIEM PROGRAM § 61.11 Applications for capital grants. (a) To apply for a capital grant, an applicant must obtain from VA a capital grant application package and... 38 Pensions, Bonuses, and Veterans' Relief 2 2010-07-01 2010-07-01 false Applications for capital...
... 30 Mineral Resources 2 2010-07-01 2010-07-01 false NPSL capital account. 220.010 Section 220.010... § 220.010 NPSL capital account. (a) For each NPSL tract, an NPSL capital account shall be established and maintained by the lessee for NPSL operations. The NPSL capital account shall include debit entries...
combine their capital endowments in order to make a living, thus, it is possible that the more capital assets households are endowed with, the more they diversify into different livelihood activities. Capital assets have been classified into natural, social, human, physical and financial. This study determined the effects of capital ...
Svendsen, G.L.H.; Svendsen, Gert Tinggaard
What are the roots of social capital and how can it be measured and built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society and ...
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Issuance of capital stock. 931.2 Section 931.2 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.2 Issuance of capital stock. (a) In general. A Bank may...
... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Independent review of capital plan. 933.3 Section 933.3 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS BANK CAPITAL STRUCTURE PLANS § 933.3 Independent review of capital plan. Prior to...
Chikwe, Christian K.; Ogidi, Reuben C.; Nwachukwu, K.
The paper discussed the challenges of research and human capital development in Nigeria. Research and human capital development are critical to the development of any nation. Research facilitates human capital development. A high rating in human capital development indices places a country among the leading countries of the world. The paper…
Klomp, Jeroen; de Haan, Jakob
We examine the relationship between different dimensions of the political regime in place and human capital using a two-step structural equation model. In the first step, we employ factor analysis on 16 human capital indicators to construct two new human capital measures (basic and advanced human capital). In the second step, we estimate the…
We examine the human capital status of 123 countries by employing factor analysis on various national human capital indicators for the period 2000–2008 to construct two new measures. The first measure is based on advanced human capital, while the second is based on basic human capital. Our measures
... credit risk capital requirement, its market risk capital requirement, and its operations risk capital... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Risk-based capital requirement. 932.3 Section 932.3 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND...
Institutional effectiveness of energy efficiency national programs: Brazil, Chile, Mexico and Uruguay cases; Eficacia institucional de los programas nacionales de eficiencia energetica: los casos del Brasil, Chile, Mexico y el Uruguay
Ruchansky, Beno [Division de Recursos Naturales e Infraestructura de la CEPAL (Chile); De Buen Rodriguez, Odon [Energia, Tecnologia y Educacion, S.C., ENTE, S.C. (Mexico); Januzzi, Gilberto; Romero, Andres
recently begun to seriously and systematically address the issues concerning EE. In fact, as a result of their nomination to join the OCDE in 2005, it was decided to create the PPEE in response to an OCDE demand related to that nomination. The PPEE is a public-private program with special emphasis on the participatory nature of its actions. Its institutionalization was structured according to the actions of an Advisory Committee (consultant on EE policies) and an Operations Committee responsible for conducting follow-up on EE projects in the areas of housing, construction, transportation, industry and mining, among others. During its four years of operations, the PPEE has achieved implementation of an institutional arrangement in the terms of a project, organization and resources, able to successfully address cultural and information barriers and advance the creation of EE as a source of energy contributing to Chile's sustainable energy development. The removal of technical, institutional and financial barriers, which continue to exist, will require additional efforts to invest in human capital and strengthen the services and technologies markets. The decision to move from a transitory institutional arrangement such as a program to a permanent one such as an agency will contribute to providing to the long-term sustainability of EE. Mexico is one of the countries in Latin America with a longer tradition and greater impact from actions and programs for the efficient use of energy, particularly in the electric sector. During more than 25 years, it has been establishing institutions and programs whose adequate design, designation of resources, permanence and long periods of continuity in the management of institutions made it possible to achieve significant successes in the field. The legal framework in which EE is developed is primarily based on 3 laws: LFMN, taking effect in 1992 as part of the process to open Mexico's commercial market, with very significant
Full Text Available El artículo explora el surgimiento de la figura del extranjero indeseable en las legislaciones nacionales latinoamericanas, desde la Independencia hasta finales de la década de 1930, aproximadamente, de forma paralela a la política de inmigración en los Estados Unidos. Las restricciones sobre la entrada libre de extranjeros que establecieron las repúblicas, durante las primeras décadas de la Independencia, estaban relacionadas con el modelo del ciudadano idealizado. El análisis de los impedimentos para la entrada de extranjeros muestra cómo, durante el siglo XIX, el extranjero “deseado” fue definido cada vez más en contraste con los rasgos negativos de los “indeseables”, bajo el supuesto objetivo de “defender la nación”.
Full Text Available Optou-se por apresentar conjuntamente as duas páginas pela sua estreita articulação temática e institucional. Criada em 1989, a FEANTSA – Fédération Européenne des Associations Nacionales Travaillant avec les Sans-Abri – é uma organização não-governamental (ONG dedicada a eliminar a pobreza e exclusão social de indivíduos sem-abrigo ou em risco de conhecer esta situação, que congrega mais de 100 ONGs locais e nacionais de vários Estados-membros da União Europeia, sendo financiada pela Comiss...
Full Text Available La diplomacia de la Unión Europea siempre ha prestado mucha atención al conflicto palestinoisraelí. Uno de los elementos clave en ello es el reconocimiento de un estado palestino. Este artículo analiza este aspecto en particular ahora que Suecia ha reconocido tal estado, pero lo ha hecho no solo teniendo en cuenta a las instituciones y estados de la UE: también cubre las reacciones de tres parlamentos nacionales: los de España, Italia y Grecia. Por tanto, este artículo enriquece tanto a los estudios sobre la diplomacia de la UE como a los de la diplomacia parlamentaria, lo que es un área emergente en la investigación académica.
We do double-entry national accounting and incorporate zero profit arbitrage conditions (Euler equations) for different types of capital, including natural capital. In non-balanced growth, capital gains terms for capital goods appear in the income side of the accounts. Depreciation terms appear on the product or expenditure side. We consider renewable natural capital as well as non-renewable of both durable and non-durable types. 14 refs
Jhonny Antonio Pabón Cadavid
Full Text Available La propiedad literaria surge en Colombia a finales del siglo XIX de forma simultánea a la construcción de la identidad colombiana y latinoamericana. La vida de José María Torres Caicedo y su papel en la Asociación Literaria y Artística Internacional (ALAI muestran que el discurso sobre la propiedad intelectual reforzó la idea de la existencia de una literatura nacional y la nacionalidad, tanto a nivel de América Latina como de Colombia. En este artículo, el interés poscolonial en el mercado editorial y en la propiedad intelectual será estudiado como parte del imperialismo pacífico o imperialismo cultural, en relación con el surgimiento del hispanismo y la identidad latinoamericana. Este enfoque resalta el carácter simbólico y ritual de los acuerdos internacionales y de la legislación nacional sobre derechos de autor y las ganancias para el capital político y cultural de los promotores de la propiedad intelectual. En Colombia la propiedad literaria le permitió a la élite letrada conservadora la aceptación de España y el establecimiento de su hegemonía cultural en Colombia.