Evaluation of performance of European cities with the aim to promote quality of life improvements

This paper explores the possibilities presented by DEA to assess quality of life and evaluate the performance of city managers in what concerns the promotion of urban quality of life. Using the data provided by the Urban Audit program, from the European Union, we defined the city profile regarding quality of life for 206 cities. Two approaches are presented: the construction of a composite indicator of quality of life and the assessment of local management performance, contextualised by the GDP per capita to measure the ability of local authorities to promote quality of life given the economic condition of the country. The results identify the cities with urban best practices and present a model of intervention for the cities considered inefficient, based on benchmarking principles.     

Public Health Institutions,Clinical Research and Protection System of Patients’ Rights: An Impact Evaluation of Public Policy

Public health institutions are involved in human experimentations, which is a specific phase of pharmaceutical industry’s production process. These medical centers collect clinical evidence about experimental treatments and, at the same time, they have to guarantee patients’ safety through appropriate Institutional Review Boards. Taking human experimentation into account, this work aims at estimating a public policy designed to reduce transaction costs that are related to the protection system of patients’ rights, with both a normative and positive approach. On the one hand, considering a sample of European countries as counterfactual, an empirical analysis is performed in order to estimate the impact of a national law aimed at harmonizing the procedure to obtain opinions on clinical trials. On the other hand, an alternative law, which might be able to favor the exchange between pharmaceutical companies and patients, is proposed.     

How do industry and country impact firm performance? A national and supranational analysis

We contribute to the literature of the country, industry and firm effects on performance by developing an autoregressive cross-classified mixed-effect linear model that examines heterogeneity in the profitability of corporations in emerging and developed economies, as well as corporations located in different supranational regions. To this purpose, we simultaneously decompose abnormal returns into permanent and transitory components at the firm, industry, country and industry–country levels. We find that firms in emerging countries have significantly higher rates of performance persistence and different sources of persistence compared to firms located in developed countries. These differences are also evident between different supranational regions and countries at different levels of institutional development.

     

The effects of pre-IPO corporate activity on newly-public firms' growth

We investigate firms' pre-IPO corporate activity. We find that firms involved in extraordinary – i.e., beyond momentum – amounts of acquisitions, JVs, and alliances in the year leading up to their IPOs (1) are more likely to engage in post-IPO corporate activity; and (2) enter into their first post-IPO transaction twice as fast as other firms. Our results indicate that signaling via extraordinary corporate activity can have a significant effect on entrepreneurial firms’ growth. The implications are discussed.     

External knowledge search,absorptive capacity and radical innovation in high-technology firms

Open innovation and absorptive capacity are two concepts based on the idea that companies can leverage the knowledge generated externally to improve their innovation performance. The aim of this paper is to analyse the joint effect of open innovation and absorptive capacity on a firm's radical innovation. Open innovation is expressed in terms of external search breadth and depth strategies and absorptive capacity is described by distinguishing between potential and realized absorptive capacity. In order to test our hypotheses, we carried out empirical research in firms operating in high-technology industries. The results indicate that internal routines and processes for absorbing external knowledge help explain radical innovation as they show a significant effect of potential and realized absorptive capacity. Also, there is a moderating effect of absorptive capacity on open innovation. Specifically, potential absorptive capacity exerts a positive effect on the relationship between external search breadth and depth and radical innovation. Realized absorptive capacity moderates the influence of external search breadth. These findings confirm the complementary nature of absorptive capacity and open innovation search strategies on radical innovation.     

Perceptions of grandparents who provide auxiliary care: value transmission and child‐rearing practices

A grounded theory qualitative study was developed to explore how grandparents perceive their role as socializing agents. Forty‐two grandparents with grandchildren aged from 6 to 12 years old participated in this study. Data were collected through focus groups, which were conducted until reaching data saturation and analyzed using the constant comparative method. Four general conclusions emerged from the study: (i) grandparents recognized the importance of getting involved in the socialization of grandchildren as supporters of parents' socializing role, and the need to adapt to social changes; (ii) they emphasized traditional value that were perceived in decline, and combination of warmth and involvement were considered the best way to help grandchildren internalize values; (iii) interaction with grandchildren helped grandparents to feel active and useful, increased their life purpose and gave them a second chance to enjoy what they could not with their own children; and (iv) grandparents also accused burden and role ambiguity. These results show the importance of developing family policies that recognize grandparents' socializing role. Also, interventions that promote strategies that enable grandparents to perform their role more successfully and to cope with possible family conflicts should be developed.     

Friendships in late life: A rural-urban comparison

This study examines the friendship patterns of older adults living in rural and urban areas. The sample consisted of 132 urban adults and 126 rural adults, 65 years of age and older. Respondents were randomly selected and interviewed in their own homes. While both groups were involved in joint social activities and helping behaviors with their friends, there was a distinction in the type of involvement according to geographical location.Karen Roberto is Assistant Professor and Coordinator of the Gerontology Program at the University of Northern Colorado. Her current research interests include women's health issues in aging and older people's involvement with informal support networks. Dr. Roberto holds a Ph.D. in Human Development from Texas Tech University.Jean Pearson Scott is Associate Professor in the Department of Human Development and Family Studies at Texas Tech University. Dr. Scott earned her Ph.D. from the University of North Carolina at Greensboro and is currently conducting research on Alzheimers Disease in the family and the rural elderly.This is a revised version of a paper presented at the Families and Close Relationships: Individuals in Social Interaction Conference, Lubbock, TX, February, 1982.This study was supported by a grant from AARP Andrus Foundation and the Institute for University Research, College of Home Economics, Texas Tech University, Lubbock, Texas 79409.     

BULIMIA: THE TRANSGENERATIONAL VIEW*

Within families presenting with bulimia, there exist interactional patterns that can be said to enable, and perpetuate, the binge-eating and purging symptoms of the identified patient. A transgenerational treatment method is proposed, which not only intervenes in ongoing dysfunctional patterns, but also provides a frame for creating a therapeutic metaphor (“legacy”) to direct the therapy. Rationale and stages of the treatment process are outlined, and a case example is given to illustrate use of the transgenerational frame.     

Partial and inverse autocorrelations in portmanteau-type tests for time series

We present a decomposition of the correlation coefficient between x_t and x_t?k into three terms that include the partial and inverse autocorrelations. The first term accounts for the portion of the autocorrelation that is explained by the inner variables {x_t?1 , x_t?2 , …, x _{t? k+1}}, the second one measures the portion explained by the outer variables {x _t+1, x _t+2, } ∪ {x _t?k?1, x _t?k?2,…} and the third term measures the correlation between x _t and x_t?k given all other variables. These terms, squared and summed, can form the basis of three portmanteau-type tests that are able to detect both deviation from white noise and lack of fit of an entertained model. Quantiles of their asymptotic sample distributions are complicated to derive at an adequate level of accuracy, so they are approximated using the Monte Carlo method. A simulation experiment is carried out to investigate significance levels and power of each test, and compare them to the portmanteau test.     

Corporate social responsibility,board of directors,and firm performance: an analysis of their relationships

This paper aims to contribute to the empirical evidence relating corporate social responsibility (CSR), board composition, and firm performance. Using a sample of Spanish listed firms included in the IBEX 35 over the period 2005–2010 the results show that the percentage of independent directors affect firm CSR activities, and that this effect is moderated by the resources available to the firm (measured by return on assets). Also, the CSR has a mediating role on the relation between the independence of the board of directors and firm value. These results hold for other board characteristics (board size and women as directors).