Private Action for Public Good?: The Public Role of Voluntary Sector Organizations

Voluntary sector organizations claim to be private institutions acting for the public good. However, if the concept of public is disengaged from the state and connected instead to citizenship, VSOs can be shown to have both private and public origins, as well as private and public impacts. As citizens, VSOs are public organizations serving the public good through their purported representation of the people and civic leadership. The legitimacy of their assumption of these public roles remains a continuing challenge.     

Shortcomings in the Measurement of Innovation: Implications for Accounting Standard Setting

Innovation is nowadays a fundamental determinant of value creation in business companies and economic growth. Therefore, the measurement of innovation has become a significant concern both for business companies and governments. Traditionally, attempts to measure innovation have adopted a macroeconomic approach, as they have been largely based on broad surveys. However, no attempt has been made to date in order to complement the information provided by such surveys with aggregated data obtained from the financial reports of individual companies. This paper analyses the conceptual and methodological problems underlying the measurement of business innovation by means of surveys and discusses the lack of ability of accounting standards to accurately reflect innovative activities in the financial statements of business firms.In the light of the evidence provided by the empirical studies published to date, we analyse the Spanish situation by reviewing innovation studies conducted by the National Institute of Statistics (INE), and assessing the relationship between the value relevance of accounting information and the firm's technological level. Our results suggest that both, micro- and macroeconomic approaches towards the measurement of innovation have significant shortcomings. Thus, a joint effort seems to be needed in order to overcome the methodological limitations affecting innovation studies based on surveys and those relying on financial accounting information. Despite their limitations, surveys provide a sound basis for the identification of trends, key factors and explanatory variables. On the other hand, financial statements could provide a sound basis for the measurement of innovation if they included more relevant information on the intangible determinants of the value of companies. This has obvious implications for the standard setting process.     

Scale versus specialization: banking strategies after the euro

The euro will transform the competitive landscape of European banking. This paper discusses some of the strategic effects of the euro on banks. In particular, it explores two questions: the rationale behind mergers and acquisitions and the universal banking model. The strategic analysis of the forces for change in banking leads to some conclusions: scale will not be the key success factor in European banking, the euro will increase the role of financial specialists in Europe and the universal banking model will face numerous challenges in the new context.     

Analysis of individual- and time-specific covariate effects on survival of Serinus serinus in north-eastern Spain

We developed models for the analysis of recapture data for 2678 serins ( Serinus serinus ) ringed in north-eastern Spain since 1985. We investigated several time- and individual-specific factors as potential predictors of overall mortality and dispersal patterns, and of gender and age differences in these patterns. Time-specific covariates included minimum daily temperature, days below freezing, and abundance of a strong competitor, siskins ( Carduelis spinus ) during winter, and maximum temperature and rainfall during summer. Individual covariates included body mass (i.e. body condition), and wing length (i.e. flying ability), and interactions between body mass and environmental factors. We found little support of a predictive relationship between environmental factors and survival, but good evidence of relationships between body mass and survival, especially for juveniles. Juvenile survival appears to vary in a curvilinear manner with increasing mass, suggesting that there may exist an optimal mass beyond which increases are detrimental. The mass-survival relationship does seem to be influenced by at least one environmental factor, namely the abundance of wintering siskins. When siskins are abundant, increases in body mass appear to relate strongly to increasing survival. When siskin numbers are average or low the relationship is largely reversed, suggesting that the presence of strong competition mitigates the otherwise largely negative aspects of greater body mass. Wing length in juveniles also appears to be related positively to survival, perhaps largely due to the influence of a few unusually large juveniles with adult-like survival. Further work is needed to test these relationships, ideally under experimentation.     

Knowledge extraction from a large on-line survey: a case study for a higher education corporate marketing

For a higher education public institution, young in relative terms, featuring local competition with another private and both long-established and reputed one, it is of great importance to become a reference university institution to be better known and felt with identification in the society it belongs to and ultimately to reach a good position within the European Higher Education Area. These considerations have made the university governors setting up the objective of achieving an adequate management of the university institutional brand focused on its logo and on image promotion, leading to the establishment of a university shop as it is considered a highly adequate instrument for such promotion. In this context, an on-line survey is launched on three different kinds of members of the institution, resulting in a large data sample. Different kinds of variables are analysed through appropriate exploratory multivariate techniques (symmetrical methods) and regression-related techniques (non-symmetrical methods). An advocacy for such combination is given as a conclusion. The application of statistical techniques of data and text mining provides us with empirical insights about the institution members’ perceptions and helps us to extract some facts valuable to establish policies that would improve the corporate identity and the success of the corporate shop.     

Back to Brit: retired British migrants returning from Spain

Since the seminal research of O'Reilly, Karen [2000. The British on the Costa del Sol. London: Routledge] and King, Russell, Anthony Warnes, Allan Williams [2000. Sunset Lives: British Retirement Migration to the Mediterranean. New York: Berg Publishers] about British citizens on the Costa del Sol there has been a surge in the publication of lifestyle migration papers, books and research. Nonetheless, there is a part of the lifestyle migration process that has been rarely explored: a return move to the country of origin following retirement migration. Research has indicated a broad increase in the number of older British returnees, yet there has been no substantive research on the topic. This paper therefore attempts to fill this gap by using Spanish registry data to examine the number of British retirees since 2009 who have returned to the UK. In addition, the results of an electronic survey to older British people in Spain are presented which suggest that considerable numbers of British citizens aged over 55 living in the Northern Costa Blanca are likely to return in the next few years. These data therefore indicate the relevance of return migration from Spain to the UK as a significant issue to the academic community as well as to British and Spanish policy-makers.     

Methodology for the Calculation of Annualized Incremental Risks in Systems of Dams

In the past few years, the field of dam safety has approached risk informed methodologies throughout the world and several methodologies and programs are appearing to aid in the systematization of the calculations. The most common way of implementing these calculations is through the use of event trees, computing event probabilities, and incremental consequences. This methodology is flexible enough for several situations, but its generalization to the case of systems of several dams is complex and its implementation in a completely general calculation methodology presents some problems. Retaining the event tree framework, a new methodology is proposed to calculate incremental risks. The main advantage of this proposed methodology is the ease with which it can be applied to systems of several dams: with a single risk model that describes the complete system and with a single calculation the incremental risks of the system can be obtained, being able to allocate the risk of each dam and of each failure mode. The article shows how both methodologies are equivalent and also applies them to a case study.     

A comparison of classification models to identify the Fragile X Syndrome

The main models of machine learning are briefly reviewed and considered for building a classifier to identify the Fragile X Syndrome (FXS). We have analyzed 172 patients potentially affected by FXS in Andalusia (Spain) and, by means of a DNA test, each member of the data set is known to belong to one of two classes: affected, not affected. The whole predictor set, formed by 40 variables, and a reduced set with only nine predictors significantly associated with the response are considered. Four alternative base classification models have been investigated: logistic regression, classification trees, multilayer perceptron and support vector machines. For both predictor sets, the best accuracy, considering both the mean and the standard deviation of the test error rate, is achieved by the support vector machines, confirming the increasing importance of this learning algorithm. Three ensemble methods - bagging, random forests and boosting - were also considered, amongst which the bagged versions of support vector machines stand out, especially when they are constructed with the reduced set of predictor variables. The analysis of the sensitivity, the specificity and the area under the ROC curve agrees with the main conclusions extracted from the accuracy results. All of these models can be fitted by free R programs.     

Undergraduate public relations education in Spain: Endangered species?

The purpose of this article is to analyze the precarious situation concerning undergraduate public relations education in Spain, despite the existence of a Degree in Advertising and Public Relations. In addition to core subjects, which are set by the government and required on all university curricula, the Spanish system allows universities to complete their curriculum with other compulsory and elective courses. Given this freedom, universities have failed to come up with either the specific contents for public relations or for liberal arts, social sciences and business courses that will enable students to enter the profession. In light of the future restructuring of degrees through the Bologna Process, this situation is a serious threat to the continuity of public relations teaching in Spanish universities.