Effect of the board of directors and the audit committee on firm performance: a panel data analysis

This research examines the relationship between independent directors, the audit committee (AC), and firm performance, taking into account the impact of the chief executive officer’s powers and block shareholders. We use the maximum likelihood estimator, based on agency theory assumptions and cylindered panel data, to examine three models of firm performance. The results show that the independence of the board is reflected clearly by increased economic and equity performance of the firm. However, an AC that is fully independent or meets frequently is associated with lower firm performance. Unlike pension funds, institutional shareholders can be considered an effective control mechanism in the context of France. Our results development includes advanced explanations for market liquidity and shareholders’ portfolios. The study period ends before the European regulation on ACs came into effect in 2008. This allows for an appreciation of soft law in French corporate governance. It also lets us compare the data with the way firms operate their boards one decade later. The evidence provides useful guidelines on the supremacy of soft law in corporate governance and suggests that the composition and functioning of the board of directors should be moderated based on the firms’ context. The specificity of the cylindered panel data helps to better examine the impact of the board and AC’s independence and functioning in French corporate governance structure.     

What factors may assist social workers to promote life satisfaction and personal growth among first‐time grandfathers?

Drawing on positive psychology and the perception of families as systems, the current study examined the contribution of variables regarding first‐time grandfathers and their sons, who have become first‐time fathers, to grandfathers' life satisfaction and personal growth. In addition, the association between the frequency of meetings between grandfather and grandchild to grandfathers' life satisfaction and personal growth was examined. The sample consisted of 106 pairs of first‐time Jewish Israeli grandfathers and their sons (n = 212). The grandfathers completed questionnaires relating to personal variables such as narcissism, family relations and frequency of meetings with the grandchild, and reported on their sense of life satisfaction and personal growth. The fathers completed questionnaires relating to personal variables, narcissism and family relations. Higher levels of grandfathers' life satisfaction were associated with their own perception of good family relations; higher levels of grandfathers' personal growth were related to their narcissism. The grandfather's perception of the frequency of meetings with the grandchild was found to moderate between the father's narcissism and the grandfather's life satisfaction and personal growth. The findings point to the crucial role social workers may play in enhancing life satisfaction and enabling personal growth through dedicated intergenerational interventions.     

A “Jewish Study Hall” Influenced Approach to Social Work Professional Identity Development: A Qualitative Study

The article presents the findings of a qualitative research study focused on the ancient “Jewish study hall” (Beit Midrash in Hebrew) approach. The research was conducted in the context of the Beit Midrash for Social Work and Judaism established at one school of social work in Israel. Twenty participants were included in the study. Content analysis of transcribed Beit Midrash sessions revealed four central themes: reflection on participant identities; expansion, stabilisation, and acceptance of one’s personal identity; clarification of professional identity; and convergence between Jewish and professional identity. Study results raise questions as to both the place and the space for exploration of religious and spiritual identity in social work education. Findings suggest that alternative learning spaces such as the Beit Midrash can enable social work students and practitioners to reflect honestly and profoundly on their religious and spiritual identity, helping them to integrate their different identities towards becoming “whole persons” better prepared to meet the challenges of the social work profession.     

Authorship Trends in The Analysis of Verbal Behavior: 1982–2016

The Analysis of Verbal Behavior - The Analysis of Verbal Behavior (TAVB) is the only journal focused on theoretical and empirical research in verbal behavior. An assessment of authorship trends can...     

A generalized representation theorem for Harsanyi’s (‘impartial’) observer

We provide an axiomatization of an additively separable social welfare function in the context of Harsanyi’s impartial observer theorem. To do this, we reformulate Harsanyi’s setting to make the lotteries over the identities the observer may assume independent of the social alternative.     

DriveID: safety innovation through individuation

The driving task is highly complex and places considerable perceptual, physical and cognitive demands on the driver. As driving is fundamentally an information processing activity, distracted or impaired drivers have diminished safety margins compared with non- distracted drivers (Hancock and Parasuraman, 1992; TRB 1998 a & b). This competition for sensory and decision making capacities can lead to failures that cost lives. Some groups, teens and elderly drivers for example, have patterns of systematically poor perceptual, physical and cognitive performance while driving. Although there are technologies developed to aid these different drivers, these systems are often misused and underutilized. The DriveID project aims to design and develop a passive, automated face identification system capable of robustly identifying the driver of the vehicle, retrieve a stored profile, and intelligently prescribing specific accident prevention systems and driving environment customizations.     

Financial Development,Institutional Quality and Poverty Reduction: Worldwide Evidence

Social Indicators Research - There is a burgeoning literature on wealth in the rich world. It mainly focuses on the top. This paper shows that assets can also matter for the analysis of poverty and...     

Constraining Is Enabling? Exploring the Influence of National Context on Civil Society Strength

This article analyses the influence of national context on civil society strength based on four key dimensions: level of democracy, political stability, rule of law and economic development. Whereas existing studies mainly focus on Western and post-communist countries, we explicitly include developing countries in our analysis. We use associational membership as proxy for civil society strength and include data of 53 countries. Rule of law, economic development and (to a lesser extent) political stability emerge from our multilevel regression models as the main factors affecting civil society membership. Unlike previous studies, we show that these relations are quadratic instead of linear. This means that where existing theories predict a drop in memberships in developing countries, we find a rise. In other words, harsh conditions actually strengthen civil society in terms of membership levels. We argue that this could be the case because reasons for CSO membership are essentially different in the developed and in the developing world. Contrary to theoretical assumptions, democratic rights do not appear critically important for civil society membership.