THE RELATION BETWEEN MANAGERIAL PERFORMANCE AND FIRM PERFORMANCE - SEVERAL CONSIDERATIONS

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

Insider Trading: The Issuer’s Disposition of an Alleged 16 (b) Violation

When corporate officers are apprised of possible 16(b) liability on the part of a fellow insider, an appropriate reaction by them encompasses both practical and legal considerations. In this comment non-legal factors influencing managerial judgments are related to precepts applied by courts in resolution of 16(b) claims. A detailed investigation is made into the status of the common law Business Judgment Rule in the context of insider trading

THIS IS HOW WE DO IT - A QUALITATIVE ASSESSMENT OF SUBSCRIPTION-BASED CROWDFUNDING CAMPAIGN MANAGEMENT STRATEGIES

Subscription-based crowdfunding is an emerging type of crowdfunding that is characterized by enabling regular payments from supporters to creators and a creator-centric rather than one-time project focus. To create a successful subscription-based crowdfunding outcome creators can utilize managerial levers e.g., information control and relational labor. However, thus far, little is known about how creators employ the managerial levers at their disposal and the strategic considerations behind their use. To holistically capture the utilized managerial levers and strategic considerations, we conducted semi-structured interviews with 22 creators on the popular subscription-based crowdfunding platform Patreon. Our findings highlight four key managerial levers of subscription-based crowdfunding creators: information control strategies, supporter interaction strategies, supporter acquisition strategies, and supporter retention strategies. We contribute to IS literature by enabling further exploration of creators’ thought processes in managing their subscription-based crowdfunding campaigns

Creditor Rights and Debt Allocation within Multinationals

We analyze the optimal debt structure of multinational corporations choosing between centralized or decentralized borrowing. We identify how this choice is affected by creditor rights and bankruptcy costs, taking into account managerial incentives and coinsurance considerations. We find that partially centralized borrowing structures are optimal with either weak or strong creditor rights. For intermediate levels of creditor rights fully decentralized (centralized) borrowing structures are optimal if managers have strong (weak) empire building dencies. Decentralized borrowing is more attractive for companies focussing on short-term profitability. Credits are rather taken in countries with better creditor rights and more efficient insolvency systems

Determinants of corporate demand for Islamic insurance in Malaysia

This study is the first attempt to empirically investigate the determinants of corporate demand for Islamic insurance (takaful) using data from main board of public listed companies at Bursa Malaysia. Factors like leverage, growth opportunities, expected bankruptcy costs, company size, managerial ownership, tax considerations and regulated effects have been examined in this study. The data covers a five-year period from year 2002 – 2006. The findings show that leverage, expected bankruptcy costs, tax considerations, company size, and managerial ownership play an important role in determining the corporate demand for Islamic insurance in Malaysia. Our conclusions are robust to alternative specifications model of GLS with Fixed Effects that help us to control for unobservable heterogeneity

Effective e-waste management-The role of international cooperation and fragementation

E-waste problems related to trade in wastes and informal recycling in the developing countries address environmental, social, and economic effects. Moreover, given on multiple aspect considerations, it is found that currently recycling fragmentation trade presents. This paper first reviews the driving forces of international trade in wastes and characters fragmentation in recycling industry. In the premise that environments and economic/social benefits can be exchanged among countries, we offer managerial conditions on international cooperation solution that increases e-waste treatment cooperation and fragmentation and contributes to effective e-waste management.e-waste management, recycling fragmentation trade, international cooperation importing countries, exporting countries, environment

Pengaruh Total Quality Management (TQM) Dan Pengendalian Personal Terhadap Kinerja Manajerial Pada Restoran Di Kota Palembang

This study aims to examine the Influence of Total Quality Management (TQM) and Personal Control of Managerial Performance in Restaurant in Palembang city. The data were collected by using questionnaires. The questionnaires distributed in this study were 60 questionnaires and the questionnaire returned and can be processed were 56 questionnaires. Determination of sample in this research using technique of Purposive Sampling. Techniques in the researchers have no other considerations except based on convenience only. Data processing techniques performed using analysis with the help of SPSS 17 (Statistica Product and Service Solutions). The results of this study indicate that Total Quality Management (TQM), no effect on managerial performance, and personal control has no effect on managerial performance

Creditor Rights and Debt Allocation within Multinationals

We analyze the optimal debt structure of multinational corporations choosing between centralized or decentralized borrowing. We identify how this choice is affected by creditor rights and bankruptcy costs, taking into account managerial incentives and coinsurance considerations. We find that partially centralized borrowing structures are optimal with either weak or strong creditor rights. For intermediate levels of creditor rights fully decentralized (centralized) borrowing structures are optimal if managers have strong (weak) empire building dencies. Decentralized borrowing is more attractive for companies focussing on short-term profitability. Credits are rather taken in countries with better creditor rights and more efficient insolvency systems.Multinational corporations; capital structure; creditor rights; coinsurance; internal capital markets

Simultaneous Effect on Debt and Managerial Ownership: Agency Theory Framework

This study aims to examine the debt policy and managerial ownership as tools to control the agency conflict. Debt policy and managerial ownership used in controlling agency conflicts have several considerations such as the risk of the company, the company's growth and the presence of institutional ownership in a company. The variables used in this study include earnings volatility as a measure of corporate risk, growth companies, managerial ownership, institutional ownership, debt policy, and total assets as a control. Furthermore, an analysis by means of regression models with simultaneous Two Stage Least Square method was used. The results found in this study stated that the risk factors, the growth of the company, as well as the existence of institutional ownership affect debt policy and managerial ownership control of the company within the framework of the agency conflict. This indicates that the use of policies to control the agency conflict must consider these three factors. Keywords: agency conflict, debt policy, managerial ownershi

Managerial ownership and firm performance: Evidence of listed companies in the Baltics

Publisher Copyright: © 2017, Czestochowa University of Technology. All rights reserved.This paper focuses on the relationship between managerial ownership and firm performance, which appears to be an important issue in corporate governance literature. We conduct regression analysis employing a sample of listed companies in the stock exchanges of the Baltic States. We test whether increased managerial ownership has effect on firm performance measured by Tobin’s Q and return on assets (ROA). The results reveal that there is positive relationship between managerial ownership and internal performance measure (ROA) while it does not significantly affect the market performance measure (Tobin’s Q). We conclude that management mainly focuses on firm fundamental factors and ratios like profitability, sales growth, investment – they have positive relation with managerial ownership. Meanwhile, there is no significant difference in market-related factors for companies with or without managerial ownership, as these factors in the Baltics are more influenced by other considerations like economics, politics and high liquidity premium.publishersversionPeer reviewe