Corporate social performance, financial performance and institutional ownership in Canadian firms

This study examines the relationship of corporate social performance (CSP) to financial performance (FP) and institutional ownership. We perform our empirical analyses on a large-sample of publicly held Canadian firms and use a novel independent measure of CSP. Based on tests utilizing four years of panel data, we found no significant relationship between a composite measure of firms\u27 CSP and FP. However, we found significant relationships between individual measures of firms\u27 CSP regarding environmental and international activities and FP. Our findings indicate a significant relationship between firms\u27 composite CSP measure and the number of institutions investing in firms\u27 stock. In addition, we found significant relationships between firms\u27 CSP ratings regarding their international activities and product quality and the number of institutions investing in firms\u27 stock. These findings, while subject to the limitations inherent in the use of specific CSP measures, provide mixed support for the business case for CSP. © 2007 Elsevier Ltd. All rights reserved

The structure of the upper atmosphere of Mars: In situ accelerometer measurements from Mars Global Surveyor

The Mars Global Surveyor (MGS) z-axis accelerometer has obtained over 200 vertical structures of thermospheric density, temperature, and pressure, ranging from 110 to 170 kilometers, compared to only three previous such vertical structures. In November 1997, a regional dust storm in the Southern Hemisphere triggered an unexpectedly large thermospheric response at mid- northern latitudes, increasing the altitude of thermospheric pressure surfaces there by as much as 8 kilometers and indicating a strong global thermospheric response to a regional dust storm. Throughout the MGS mission, thermospheric density bulges have been detected on opposite sides of the planet near 90°E and 90°W, in the vicinity of maximum terrain heights. This wave 2 pattern may be caused by topographically-forced planetary waves propagating up from the lower atmosphere

Voluntary social disclosures by large UK companies

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DEALING EFFECTIVELY WITH CROWDED JAILS: THE JUDGES' ROLE

That there is a jail crowding problem is well documented. The problem of jail crowding must b e acknowledged as one demanding the involvement of all key criminal justice actors. Judges have been identified as key decisionmakers playing a pivotal role in managing case flow and influencing jail population levels. What, then, is or should be the role of judges in dealing specifically with jail crowding? Conventional responses to this question have focused on either the role of the federal judge, who in the course of presiding over a case involving jail conditions is called upon to manage a facility, or the role of a trial judge in making sentencing decisions. Recent research efforts have recognized that a nexus exists between judicial and correctional systems that extends beyond overseeing and sentencing roles. This paper intends to expand the notion o f interdependence to encompass the entire criminal justice system with emphasis on the judge's contribution. Copyright 1988 by The Policy Studies Organization.