1,017 research outputs found

    UMSL Bulletin 2023-2024

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    The 2023-2024 Bulletin and Course Catalog for the University of Missouri St. Louis.https://irl.umsl.edu/bulletin/1088/thumbnail.jp

    UMSL Bulletin 2022-2023

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    The 2022-2023 Bulletin and Course Catalog for the University of Missouri St. Louis.https://irl.umsl.edu/bulletin/1087/thumbnail.jp

    Essays on Innovations in Public Sector Auditing

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    The current antecedents of innovation in the public sector, that is, the adoption of SDGs and the unprecedented technological advancements exert pressures on the Supreme audit institutions’(SAIs) current socio-technical system. This has led SAIs to adopt different strategies to maintain their relevance and improve the quality of their work and operations. This thesis investigated the different types of innovations currently happening in the SAIs environment and how SAIs are reacting to the demands of these changes. This exploratory work captured public sector audit innovation through the following three essays: The first essay focused on Digital Transformation (DT), investigated how SAIs approach, and interpret DT. In this regard, DT was investigated from a SAIs perspective. Due to it being a novel topic in public sector auditing research, a qualitative research method was adopted, this method was supported with expert interviews and archival and or document data. Key findings revealed that the definition of DT varies from SAI to SAI, and this variation resulted from the differences in the level of digital development in each country. SAIs applied reactive and, in some situations proactive change strategies were applied. In the reactive strategy, SAIs reacted to change induced by a situational demand while in the proactive strategy, they experiment with technologies in advance. Most of the SAIs applying proactive change strategy operates an innovation lab or an experimentation space(see Bojovic, Sabatier, and Coblence 2020; Bucher and Langley 2016; Cartel, Boxenbaum, and Aggeri 2019; Wulf 2000). As an impact on public sector auditing profession, the research addresses the popular narrative of SAI’s equating digitization or the use of digital technologies to Digital transformation. It reiterated the holistic nature of DT, by pointing at the risk involved when DT is tied solely to technology adoption strategy ignoring other aspects such as people, organizational structure, strategy, culture, etc.La trasformazione in corso dell'ambiente esterno delle Istituzioni Superiori di Controllo (ISC, Corte dei conti) sta modificando le esigenze di controllo e le aspettative dei vari stakeholders coinvolti. Infatti, questa trasformazione, innescato dai progressi tecnologici, dall'adozione degli Obiettivi di Sviluppo Sostenibile (OSS) e dalla trasparenza sta modificando il modo e gli strumenti con cui viene esercitata l’attività di controllo. Ciò ha portato le ISC a adottare diverse strategie ed a introdurre diverse innovazioni per mantenere la loro rilevanza e migliorare la qualità del loro servizio. Vari autori hanno evidenziato la necessità di indagare circa le implicazioni del cambio della strategia di controllo e dell’adozione delle varie innovazioni tecnologiche nelle ISC. Il lavoro di tesi contribuisce in questa direzione e indaga sulle varie innovazioni tecnologiche adottate dalle ISC e come questi Istituzioni hanno reagito alle pressioni esterne di cambiamento. La tesi adotta un approccio esplorativo e sviluppa tre diverse ricerche per rispondere alla domanda principale di ricerca. La prima ricerca si concentra sulla trasformazione digitale (TD), e indaga su come le ISC hanno affrontato e interpretato la TD. La metodologia utilizzata è di tipo qualitativo. Sono state effettuate varie interviste a esperti del settore a livello internazionale oltre all’analisi documentale degli archivi delle varie istituzioni analizzate. I risultati hanno mostrato una diversa interpretazione e percezione, tra le istituzioni oggetto dello studio, del concetto della TD, dovuta alle differenze di sviluppo digitale nei vari paesi analizzati. Inoltre, i risultati mostrano che le ISC hanno adottato strategie reattive di cambiamento e, in alcune situazioni, hanno adottato strategie proattive. Nel primo caso, che rappresenta la maggioranza dei casi analizzati, le ISC hanno reagito al bisogno ovvero quando si presenta una necessità di cambiamento. Mentre nel secondo caso, ovvero di strategia di cambiamento proattivo, le ISC hanno sperimentato le tecnologie in anticipo. La maggior parte delle Istituzioni che ha adottato strategie proattive di cambiamento gestisce un laboratorio di innovazione o uno spazio di sperimentazione (vedi Bojovic, Sabatier e Coblence 2020; Bucher e Langley 2016; Cartel, Boxenbaum e Aggeri 2019; Wulf 2000). Inoltre, la ricerca mostra come la digitalizzazione o l'uso delle tecnologie digitali vengono equiparati alla TD nelle ISC. Questo rischio di interpretazione del concetto si concretizza soprattutto, come mostrano i risultati, quando la TD viene legata esclusivamente alla strategia di adozione della tecnologia ignorando altri aspetti come le persone, la struttura organizzativa, la strategia, la cultura, ecc

    A strategic turnaround model for distressed properties

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    The importance of commercial real estate is clearly shown by the role it plays, worldwide, in the sustainability of economic activities, with a substantial global impact when measured in monetary terms. This study responds to an important gap in the built environment and turnaround literature relating to the likelihood of a successful distressed commercial property financial recovery. The present research effort addressed the absence of empirical evidence by identifying a number of important factors that influence the likelihood of a successful distressed, commercial property financial recovery. Once the important factors that increase the likelihood of recovery have been determined, the results can be used as a basis for turnaround strategies concerning property investors who invest in distressed opportunities. A theoretical turnaround model concerning properties in distress, would be of interest to ‘opportunistic investing’ yield-hungry investors targeting real estate transactions involving ‘turnaround’ potential. Against this background, the main research problem investigated in the present research effort was as follows: Determine the important factors that would increase the likelihood of a successful distressed commercial property financial recovery. A proposed theoretical model was constructed and empirically tested through a questionnaire distributed physically and electronically to a sample of real estate practitioners from across the globe, and who had all been involved, directly or indirectly, with reviving distressed properties. An explanation was provided to respondents of how the questionnaire was developed and how it would be administered. The demographic information pertaining to the 391 respondents was analysed and summarised. The statistical analysis performed to ensure the validity and reliability of the results, was explained to respondents, together with a detailed description of the covariance structural equation modelling method used to verify the proposed theoretical conceptual model. vi The independent variables of the present research effort comprised; Obsolescence Identification, Capital Improvements Feasibility, Tenant Mix, Triple Net Leases, Concessions, Property Management, Contracts, Business Analysis, Debt Renegotiation, Cost-Cutting, Market Analysis, Strategic Planning and Demography, while the dependent variable was The Perceived Likelihood of a Distressed Commercial Property Financial Recovery. After analysis of the findings, a revised model was then proposed and assessed. Both validity and reliability were assessed and resulted in the following factors that potentially influence the dependent variables; Strategy, Concessions, Tenant Mix, Debt Restructuring, Demography, Analyse Alternatives, Capital Improvements Feasibility, Property Management and Net Leases while, after analysis, the dependent variable was replaced by two dependent variables; The Likelihood of a Distressed Property Turnaround and The Likelihood of a Distressed Property Financial Recovery. The results showed that Strategy (comprising of items from Strategic Planning, Business Analysis, Obsolescence Identification and Property Management) and Concessions (comprising of items from Concessions and Triple Net Leases) had a positive influence on both the dependent variables. Property Management (comprising of items from Business Analysis, Property Management, Capital Improvements Feasibility and Tenant Mix) had a positive influence on Financial Turnaround variable while Capital Improvements Feasibility (comprising of items from Capital Improvements Feasibility, Obsolescence Identification and Property Management) had a negative influence on both. Demography (comprising of items only from Demography) had a negative influence on the Financial Recovery variable. The balance of the relationships were depicted as non-significant. The present research effort presents important actions that can be used to influence the turnaround and recovery of distressed real estate. The literature had indicated reasons to recover distressed properties as having wide-ranging economic consequences for the broader communities and the countries in which they reside. The turnaround of distressed properties will not only present financial rewards for opportunistic investors but will have positive effects on the greater community and economy and, thus, social and economic stability. Vii With the emergence of the COVID-19 pandemic crisis, issues with climate change and sustainability, global demographic shifts, changing user requirements, shifts in technology, the threat of obsolescence, urbanisation, globalisation, geo-political tensions, shifting global order, new trends and different generational expectations, it is becoming more apparent that the threat of distressed, abandoned and derelict properties is here to stay, and which will present future opportunities for turnaround, distressed property owners, as well as future worries for urban authorities and municipalities dealing with urban decay. The study concluded with an examination of the perceived limitations of the study as well as presenting a comprehensive range of suggestions for further research.Thesis (PhD) -- Faculty of Engineering, Built Environment and Information Technology, School of the built Environment, 202

    IEOM Society International

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    IEOM Society Internationa

    2023-2024 Lindenwood University Undergraduate Course Catalog

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    Lindenwood University Undergraduate Course Catalog.https://digitalcommons.lindenwood.edu/catalogs/1209/thumbnail.jp

    A Data-Driven Optimization Model for Medical Resource Allocation during the Pandemic

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    The outbreak of Covid-19 in recent years has once again brought the critical issue of medical resource allocation during a pandemic to the forefront of research and public attention. The dynamic and rapid nature of the pandemic has posed significant challenges in accurately predicting the demands for medical resources and developing effective strategies for their distribution. In this study, we aim to address these challenges by studying the medical resource allocation problem during a pandemic and proposing a data-driven optimization methodology that combines mathematical programming and machine learning techniques. To tackle the problem of demand prediction, we utilize a Long Short-Term Memory(LSTM) model to predict medical resource demand using historical pandemic time series data. Building upon the demand predictions, we develop a linear programming model to optimize the allocation of medical resources. The objective is to maximize the total accessibility of hospitals within each region while also ensuring a balanced distribution of accessibility across all regions. We also conducted a case study on the application of this framework to the Quebec, Canada, pandemic hospitalization case scenarios. The dataset we utilized consisted of hospitalization case numbers from 16 regions in Quebec, along with the geographical locations of 15 regions and their corresponding healthcare facilities. The prediction performance is evaluated by mean absolute error(MAE) and root mean square error(RMSE), which yielded average values of 3.079 and 5.491, respectively. And after optimizing, the total accessibility of all regions is 4.503. The results indicate the effectiveness of our proposed method in accurately predicting future hospitalization numbers and determining the necessary increase in bed capacity for each region, showcasing its potential to assist in resource planning and allocation during a pandemic

    Essays in behavioural public policy

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    This thesis explores the impact of novel interventions in the environmental and health domains, and specifically investigates conditions to increase their effectiveness. In my first chapter I present evidence from a field experiment leveraging place attachment and football preferences to reduce the use of carrier bags in supermarkets. I find that the treatment reduces the use by 8-12% and that the effect persists even after the end of the treatment period. I propose ways in which a regulator can scale up this intervention at virtually no cost. In my second chapter I present the results of two online experiments studying whether the choice of colours in the visuals included in the IPCC Report affects the support for policies aimed at mitigating global warming. The results show that some colour schemes can affect understanding of climate visuals and participants’ support for a carbon tax. In the next two chapters I study the role of framing in shaping support for policy responses to the Covid-19 pandemic. In chapter 3, I show that when the number of Covid-19 related deaths is reported on a logarithmic scale people have a less accurate understanding of how the pandemic has developed, make less accurate predictions on its evolution, and have different policy preferences than those who are exposed to the same data on a linear scale. In my fourth chapter I study preferences for Covid-19 immunity passports for international travel and whether two nudges, used in isolation or together, foster support for their adoption. I find that both nudges increase the support for the passport and that their impact is stronger when they are used together. In my experiments I find that the level of worry about an issue influences behaviours and policy preferences, so I devote my fifth chapter to study how different concerns interact in people’s minds. I show that theories that were previously perceived to be mutually exclusive can coexist. I find that the relationship between the concern for the environment and the economy is often asymmetric: concerns for the economy typically reduce concerns for the environment, while concerns for the environment foster concerns about the economy. In the final chapter I present a theory model that builds on the findings of the previous papers. I introduce a two-period model of reference-dependent preferences where (behavioural) interventions are a signal agents receive between the periods. The signal causes a biased Bayesian updating that leads to different choices in the second period. I show that this can explain heterogeneity in treatment effects and hence that a single model of preferences can explain polarisation and convergence of opinions
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