Specialist: The Firm or the Individual? Empirical Evidence from the Options Markets

2002 ◽  
Author(s):  
Amber Anand
Keyword(s):  
Empirical Evidence ◽  
Options Markets ◽  
The Individual

scholarly journals Corporate Board Committees and Corporate Outcomes: An International Systematic Literature Review and Agenda for Future Research

2021 ◽  
pp. 2150001 ◽  
Author(s):  
Mohammed A. Alhossini ◽  
Collins G. Ntim ◽  
Alaa Mansour Zalata
Keyword(s):  
Literature Review ◽  
Empirical Evidence ◽  
Systematic Literature Review ◽  
Current Knowledge ◽  
Future Research ◽  
Applied Theory ◽  
Corporate Board ◽  
Theoretical Frameworks ◽  
Wide Range ◽  
The Individual

This paper comprehensively reviews the current body of international accounting literature regarding advisory/monitoring committees and corporate outcomes. Specifically, it synthesizes, appraises, and extends current knowledge on the (a) theoretical (i.e., economic, accounting/corporate governance, sociological and socio-psychological) perspectives and (b) empirical evidence of the observable and less visible attributes at both the individual and committee levels and their link with a wide range (financial/non-financial) of corporate outcomes. Using the systematic literature review method, 304 articles from 59 journals in the fields of accounting and finance that were published between January 1992 and December 2018 are reviewed. The main findings are as follows. First and theoretically, agency theory is the most dominant applied theory/studies with no application of theory at all (descriptive), while the application of integrated theoretical frameworks is lacking in the reviewed articles. Secondly, the existing empirical evidence focusses excessively on (a) monitoring instead of advisory committees and (b) observable rather than less visible committee attributes. Thirdly, scarcity of cross-country studies along with methodological limitations relating to measurement inconsistencies, insufficiency of variables, and dominance of quantitative studies, among others, are identified. Finally, promising future research avenues are outlined.

The Right to Privacy and the Protection of Personal Data in a Digital Era and the Age of Information

2012 ◽  
pp. 34-45
Author(s):  
William Bülow ◽  
Misse Wester
Keyword(s):  
Empirical Evidence ◽  
Personal Information ◽  
Personal Data ◽  
Modern Society ◽  
Right To Privacy ◽  
Policy Makers ◽  
The Right To Privacy ◽  
Digital Era ◽  
The Individual ◽  
The Right

As information technology is becoming an integral part of modern society, there is a growing concern that too much data containing personal information is stored by different actors in society and that this could potentially be harmful for the individual. The aim of this contribution is to show how the extended use of ICT can affect the individual’s right to privacy and how the public perceives risks to privacy. Three points are raised in this chapter: first, if privacy is important from a philosophical perspective, how is this demonstrated by empirical evidence? Do individuals trust the different actors that control their personal information, and is there a consensus that privacy can and should be compromised in order to reach another value? Second, if compromises in privacy are warranted by increased safety, is this increased security supported by empirical evidence? Third, the authors will argue that privacy can indeed be a means to increase the safety of citizens and that the moral burden of ensuring and protecting privacy is a matter for policy makers, not individuals. In conclusion, the authors suggest that more nuanced discussion on the concepts of privacy and safety should be acknowledged and the importance of privacy must be seen as an important objective in the development and structure of ICT uses.

scholarly journals Is Lack of Morality an Explanation for the Economic and Financial Crisis? A Catholic Point of View

2020 ◽  
Vol 26 (4) ◽  
pp. 407-418
Author(s):  
Klára Katona
Keyword(s):  
Financial Crisis ◽  
Empirical Evidence ◽  
Catholic Church ◽  
Point Of View ◽  
Philosophical Tradition ◽  
Religious Doctrine ◽  
Integral Element ◽  
The Individual ◽  
Economic Thinking

AbstractBefore 2008, several studies provided empirical evidence of a positive correlation between the functions of financial intermediation and economic growth. In 2008, the financial crisis shook trust in this correlation. Several studies found that comprehensive and fundamental changes were needed in the entire financial market. Attention focused on the role of morality as an essential and integral element of the economy, arguing that without a moral attitude at the individual and institutional levels, the whole system necessarily runs into crisis. Among the moral interpretations of the economy, which are concurrently based on philosophical tradition and religious doctrine, the Catholic Church has presented some of the most consistent and unified teachings related to such questions over time, but the effect on economic thinking is less than what relevance and other merits justify. Catholic social teaching suggests morality and the economy are inseparable and highlights the moral interpretation of economic discrepancies. By analyzing theoretical and empirical evidence, this paper assesses the economic validity and legitimacy of Catholic thought about the immanent role of ethics in the economy and the financial crisis.

Emotion-Focused Therapy

2021 ◽  
pp. 452-458
Author(s):  
Sharon Manne
Keyword(s):  
Cancer Patients ◽  
Empirical Evidence ◽  
Adaptive Functioning ◽  
Psychological Treatment ◽  
Emotion Focused Therapy ◽  
Self Compassion ◽  
Traumatic Life Events ◽  
Treatment Of Depression ◽  
The Individual ◽  
Future Work

Emotion-focused therapy (EFT) is a psychological treatment that posits that exploring and understanding one’s painful emotions is necessary for adaptive functioning. EFT enhances clients’ awareness and ability to access, understand, interpret, regulate, and potentially transform their maladaptive emotional responses. This chapter describes the principles, intervention approaches, and empirical evidence evaluating EFT in both nononcology and oncology populations. There is extensive empirical evidence supporting EFT for the treatment of depression, anxiety, and traumatic life events and relationship distress among the general population. Although components of EFT, such as inner awareness and self-compassion, can be found in other psychological interventions provided to cancer patients and survivors, EFT has received little empirical attention in the psycho-oncology literature. There are only two studies that have evaluated EFT for cancer patients, and one of these studies did not support its efficacy. It may be premature to conclude whether EFT has clinical utility. Future work may benefit from a more formal test of EFT, where therapists are carefully trained and monitored to deliver EFT using the phases, steps, and approaches described in this chapter, both in the individual and couples’ context.

Process vs. Impact in Men's and Women's Achievement Motivation

1977 ◽  
Vol 1 (3) ◽  
pp. 283-293 ◽  
Author(s):  
Joseph Veroff
Keyword(s):  
Empirical Evidence ◽  
Achievement Motivation ◽  
Task Demand ◽  
Two Factors ◽  
Social Reference ◽  
American Society ◽  
The Individual ◽  
The Impact

The author presents a new taxonomy of six achievement motivation types, with the categories based on an interaction between two factors: (a) whether the individual emphasizes the process of achieving or the impact of the accomplishment itself; and (b) whether the person derives his standards of excellence from within himself, from some social reference, or from an impersonal task demand. The hypothesis is proposed that females in American society have been taught to emphasize the process of their achievement strivings and males the impact of their achievement attempts. Empirical evidence is given to support this hypothesis and to elucidate the six types of achievement motivation.

Economic Shifts and Cultural Changes in Individualism

2018 ◽  
Author(s):  
Yuji Ogihara
Keyword(s):  
United States ◽  
Economic Development ◽  
Empirical Evidence ◽  
National Level ◽  
Future Research ◽  
Temporal Perspective ◽  
Cultural Changes ◽  
The Individual ◽  
The Relationship ◽  
Over Time

This chapter discusses the relationship between economic affluence and individualism from a cross-temporal perspective. Previous research has indicated that wealth and individualism are positively correlated at both the individual and the national level. This chapter discusses whether this relationship is also found at the temporal level. This chapter consists of three parts. First, a theory about the association between economic affluence and individualism is summarized. Second, the chapter introduces empirical evidence on temporal changes in individualism and their relationship with economic development in three cultures (United States, Japan, China). These studies indicated that the three cultures have shifted toward greater individualism over time. Moreover, these changes in individualism were positively linked to increases in economic affluence at the annual level. Third, the chapter is summarized and directions for future research are raised. Overall, this chapter discusses how socioecological factors and human psychologies/behaviors are associated particularly from a cross-temporal perspective.

On the Futility of Aggregating Individual Learning Curves

1967 ◽  
Vol 20 (1) ◽  
pp. 183-191 ◽  
Author(s):  
Nicholas Baloff ◽  
Selwyn W. Becker
Keyword(s):  
Learning Curve ◽  
Empirical Evidence ◽  
Functional Form ◽  
Individual Learning ◽  
Learning Curves ◽  
Mathematical Argument ◽  
The Individual

It is argued that a mean or aggregate learning curve yields little information about the form of the individual curves from which it arose. Hypothetical examples and empirical evidence in support of the argument are discussed. Also cited is a mathematical argument showing that aggregation of certain forms of individual curves systematically results in an aggregate curve of a different functional form. Finally, it is argued that drawing conclusions about the effects of different treatments on the parameters of the learning curve is risky unless the form of the individual curves is known.

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