596 research outputs found

    Crown Lengthening Revisited

    Full text link
    Peer Reviewedhttps://deepblue.lib.umich.edu/bitstream/2027.42/141178/1/cap0233.pd

    Rural?Urban Migration and Poverty:

    Get PDF
    Summaries What is the relationship between rural?urban migration and poverty? This article takes up this question, which is by no means new, but about which there is no consensus. The importance of migration for urban as well as for rural areas, for poverty and for poverty alleviation policies is considerable, and the article indicates that more research is needed, particularly taking into account both sides of the migration streams. Rates of urbanisation, which have remained low in countries like India, underestimate the importance of migration. Migrants in cities continue to maintain close links with, and return to, their areas of origin, thus limitiing urban population growth and complicating analyses and policies. The article, focusing on migration to Calcutta but also drawing on all?India survey data and other evidence, discusses the following issues: the role of poverty versus inequality in migration; the migrants' districts of origin; the socio?economic background of migrants; the migrants' income and expenditure, compared to non?migrating groups; and whether migrants are able to improve their income over time

    Corporate governance and financial constraints on strategic turnarounds

    Get PDF
    The paper extends the Robbins and Pearce (1992) two-stage turnaround response model to include governance factors. In addition to the retrenchment and recovery, the paper proposes the addition of a realignment stage, referring specifically to the re-alignment of expectations of principal and agent groups. The realignment stage imposes a threshold that must be crossed before the retrenchment and hence recovery stage can be entered. Crossing this threshold is problematic to the extent that the interests of governance-stakeholder groups diverge in a crisis situation. The severity of the crisis impacts on the bases of strategy contingent asset valuation leading to the fragmentation of stakeholder interests. In some cases the consequence may be that management are prevented from carrying out turnarounds by governance constraints. The paper uses a case study to illustrate these dynamics, and like the Robbins and Pearce study, it focuses on the textile industry. A longitudinal approach is used to show the impact of the removal of governance constraints. The empirical evidence suggests that such financial constraints become less serious to the extent that there is a functioning market for corporate control. Building on governance research and turnaround literature, the paper also outlines the general case necessary and sufficient conditions for successful turnarounds

    Performance measurement : challenges for tomorrow

    Get PDF
    This paper demonstrates that the context within which performance measurement is used is changing. The key questions posed are: Is performance measurement ready for the emerging context? What are the gaps in our knowledge? and Which lines of enquiry do we need to pursue? A literature synthesis conducted by a team of multidisciplinary researchers charts the evolution of the performance-measurement literature and identifies that the literature largely follows the emerging business and global trends. The ensuing discussion introduces the currently emerging and predicted future trends and explores how current knowledge on performance measurement may deal with the emerging context. This results in identification of specific challenges for performance measurement within a holistic systems-based framework. The principle limitation of the paper is that it covers a broad literature base without in-depth analysis of a particular aspect of performance measurement. However, this weakness is also the strength of the paper. What is perhaps most significant is that there is a need for rethinking how we research the field of performance measurement by taking a holistic systems-based approach, recognizing the integrated and concurrent nature of challenges that the practitioners, and consequently the field, face
    corecore