3,834 research outputs found

    Impact of Information and Communication Technology (ICT) on construction projects

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    The changing face of construction projects has resulted in a movement towards the use of technology as a primary means of communication. The consequences of this rise in the use of information and communication technology (ICT) is a loss of interpersonal communication skills. A number of resulting issues within the human ā€“ electronic and human ā€“ human interfaces are identified in an attempt to define the efficiency of communication in projects. The research shows how ICT effects the social environment of construction project teams and the project outcome. The study seeks to confirm the need for further work in order to develop new forms of communication protocols and behaviour. An initial literature review was undertaken to develop a theoretical review of the impacts of ICT on construction project teams. This review identified a number of issues that were then tested in the field through an observation and two verification interviews. The research confirms the existence of tensions and conflicts in the human ā€“ electronic and human - human communication interfaces within the studies environment. It is proposed that the increasing use of ICT occur at the expense of soft system communication. The principal impact of this is a form of ā€˜human distractionā€™ which adversely affects the performance of project teams. There is limited theory exploring these issues that suggests the problems identified are not well understood and consequently indicates a gap in knowledge

    An Empirical Examination of Compensation of REIT Managers

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    Principal-agent literature finds that manager and owner incentives can be aligned with performance contingent contracts. We investigate the compensation of Real Estate Investment Trust (REIT) industry executives. The competitive nature of mortgage and equity markets, in conjunction with the corporate tax exemption available when REITs distribute most of their earnings as dividends, is likely to influence the compensation of REIT managers. Executive compensation is modeled as a function of revenues and unexpected profit. After transforming the model to reduce collinearity and heteroskedasticity, we find compensation to be generally positively related to revenue. We also find unexpected profit to be generally insignificantly related to compensation, but positively related in those cases where it is significant.

    Crafting a rich and personal blending learning environment: an institutional case study from a STEM perspective

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    Institutional pressures to make optimal use of lecture halls and classrooms can be powerful motivators to identify resources to develop technology enhanced learning approaches to traditional curricula. From the academicā€™s perspective, engaging students in active learning and reducing the academic workload are important and complementary drivers. This paper presents a case study of a curriculum development exercise undertaken in a STEM subject area at a research-intensive UK university. A multi-skilled team of academics and learning designers have worked collaboratively to build this module which will be realised as a mix of online and face to face activities. Since the module addresses professional issues, a strong emphasis is being placed on establishing authentic learning activities and realistic use of prominent social tools.The learning designers are working for a cross-institutional initiative to support educational innovations; therefore it is important to carefully document the development process and to identify reusable design patterns which can be easily explained to other academics.<br/

    Mortgage Lenders' Market Response to a Landmark Regulatory Decision Based on Fair Lending Compliance

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    Regulation of real estate lending has substantially increased in the past decade. Government efforts to improve compliance with Community Reinvestment Act mandates are evidence of increased emphasis on racial equal opportunity in loan origination. To investigate the impact of these efforts, this paper examines the Federal Reserve Bank rejection of Shawmut National Corporation's application to buy New Dartmouth Bank. Rejection was based on Shawmut's poor compliance with fair-lending guidelines. Testing finds significant negative abnormal stock returns for samples of mortgage lenders on the announcement day of Shawmut's application rejection. In addition, cross-sectional analysis reveals an inverse relationship between national banks' cumulative abnormal returns (CARs) and a measure of fair lending.

    Post-breeding density and habitat preferences of the Azores Woodpigeon, Columba palumbus azorica: an inter-island comparison.

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    In this study we present a post-breeding estimate of the density of the Azores Woodpigeon, Columba palumbus azorica (Hartert & Ogilvie-Grant, 1905). During August 2003, seven of the nine islands of the Azores were surveyed using line transects and distance sampling. Distance analysis, stratified by the island of Terceira and the other islands combined, gives density estimates of 14.52 birds/km2 on Terceira and 5.14 birds/km2 on the other six islands. This indicates that woodpigeons are more abundant than previously thought. The woodpigeon in the Azores is likely to have recently gone through a period of growth. However, woodpigeon densities in the Azores are still much lower than those in mainland Europe. Populations in the Azores may now be limited by the availability of breeding habitat and over-winter food supply. The present survey highlights that there are strong differences between woodpigeon abundance on the different islands of the archipelago, notably with densities on the island of Terceira being higher than on any of the other islands surveyed. Analyses of habitat preferences and the availability of different habitat types suggest that inter-island habitat differences could be a major cause of variation in woodpigeon density across the archipelago
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