scholarly journals The Role of Information in Assessing the Risk of Conducting Bankruptcy Proceedings

Risks ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 64
Author(s):  
Michał Baran ◽  
Kinga Bauer
Keyword(s):  
Decision Making ◽  
Financial Reporting ◽  
Decision Making Process ◽  
Wrong Decision ◽  
Managerial Decisions ◽  
Different Types ◽  
Types Of Information ◽  
The Right ◽  
Role Of Information

Modern management means making managerial decisions in many situations—including the administrative ordering of matters of a bankrupt enterprise. The situation in which the court approves the opening of bankruptcy proceedings is strictly regulated by law. This does not mean, however, that such a decision is made under conditions of certainty as to its consequences. The risk of making a wrong decision has significant consequences for everyone who is interested in it (the bankrupt company, its partners, employees, banks, the tax office). The purpose of this article is to explain the importance and significance of the various types of information that are used to reliably assess the value of a failing enterprise’s assets. The information of individual types is analyzed in the decision-making process which leads to the right decision on whether to start bankruptcy proceedings. Therefore, in the theoretical part, the authors prepare a list of types of information used in the mentioned process. Then the authors present the results of a survey (103 specialists in the field of bankruptcy), which allows to assess the real meaning of information of individual types. The main contribution for which the present paper is responsible is the description of the verified tool which functioned in the form of the survey that was applied in the study and the result arising from conducting it. This survey was used to achieve the main objective that was focused on constructing the hierarchy of significance of different types of information relating to the risk of conducting bankruptcy proceedings. The main findings show that in general insolvency specialists prioritize the information (financial and also not financial) not originating from financial reporting.

scholarly journals GENERIC STRUCTURE POTENTIAL OF COURSE DESCRIPTION

2021 ◽  
Vol 37 (1) ◽  
pp. 83
Author(s):  
Ho Tuong Thanh ◽  
Nguyen Thi Minh Tam
Keyword(s):  
Decision Making ◽  
Analytical Framework ◽  
Purchase Decision ◽  
Decision Making Process ◽  
Comprehensive Understanding ◽  
Generic Structure ◽  
Different Types ◽  
The Difference ◽  
Major Emphasis

Generic Structure Potential (GSP), which is a “range of textual structures available within a genre” (Hasan, 1984, p. 79) was developed based on the need for a “generic structure” of a text to gain a comprehensive understanding of a genre (Halliday, 1978). Despite various research into different types of academic and promotional genres, there has been little attention given to the course description. This research seeks to unveil the GSP of course description and identify differences between formal course descriptions and online ones, analyzed based on a fourteen-element analytical framework. The findings revealed four more elements apart from those available in the original analytical framework. Most importantly, the course description was discovered to play the role of both informing and promotional, yet the former role is dominant. Regarding the difference between conventional and online descriptions, online ones were found to possess a higher number of promotional elements but still focus on informing students and promoting the course at the same time. The sequence of these elements seems to resemble the purchase decision-making process of customers significantly. On the contrary, the traditional description puts major emphasis on the informative purpose and shows negligence to the promotional aspects.

The dynamics of financial information and non-financial environmental, social and governance information in the strategic decision-making process

2019 ◽  
Vol 12 (3) ◽  
pp. 314-329 ◽  
Author(s):  
Martin Esch ◽  
Mike Schulze ◽  
Andreas Wald
Keyword(s):  
Decision Making ◽  
Financial Information ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Decision Making Process ◽  
Senior Executives ◽  
Integrated Reporting ◽  
Content Type ◽  
Different Types ◽  
Types Of Information

Purpose The purpose of this paper is to link the fields of research on strategic decision (SD) making and integrated reporting (IR) and advances knowledge of the concept of integrated thinking by describing how financial information and non-financial environmental, social and governance (ESG) information are used in different phases of the strategic decision-making process (SDMP). Design/methodology/approach In total, 15 senior executives from twelve different industries were asked about the importance of different types of information within SDMPs. The data were analyzed by means of content analysis. Findings The authors derive a four-phase model and explicate the utilization of financial information and non-financial ESG information within each phase. The findings show that both types of information affect SDMPs, but the importance of each type differs among the phases. Practical implications This study offers practitioners a yardstick against which to compare how they use different types of information throughout the SDMP. Originality/value This paper provides a conceptual model of integrated thinking in SD making by connecting two separate fields of research. This connection will permit deeper study of the field of information and its implications for SD making. The present investigation shows that IR can promote integrated thinking in companies, as the broader range of information at hand allows companies to form a holistic picture of internal management questions and incorporate information that has not been previously prepared or associated with existing information.

The influence of information relevance on the continued influence effect of misinformation

2020 ◽  
Author(s):  
Hua Jin ◽  
Lina Jia ◽  
Xiaojuan Yin ◽  
Shilin Wei ◽  
Guiping Xu
Keyword(s):  
Experimental Study ◽  
Questionnaire Survey ◽  
Personal Involvement ◽  
Influence Effect ◽  
Information Relevance ◽  
Different Types ◽  
Role Of Information

Misinformation often continues to influence people’s cognition even after corrected (the ‘continued influence effect of misinformation’, the CIEM). This study investigated the role of information relevance in the CIEM by questionnaire survey and experimental study. The results showed that information with higher relevance to the individuals had a larger CIEM, indicating a role of information relevance in the CIEM. Personal involvement might explain the effects of information relevance on the CIEM. This study provides insightful clues for reducing the CIEM in different types of misinformation and misinformation with varying relevance.

scholarly journals Decision Making from the Experience of Orthognathic Surgery Patients: A Grounded Theory Approach

2021 ◽  
pp. 238008442110144
Author(s):  
N.R. Paul ◽  
S.R. Baker ◽  
B.J. Gibson
Keyword(s):  
Decision Making ◽  
Grounded Theory ◽  
Treatment Options ◽  
Study Data ◽  
Primary Objective ◽  
Major Surgery ◽  
Future Research ◽  
Decision Making Process ◽  
Theory Approach

Introduction: Patients’ decisions to undergo major surgery such as orthognathic treatment are not just about how the decision is made but what influences the decision. Objectives: The primary objective of the study was to identify the key processes involved in patients’ experience of decision making for orthognathic treatment. Methods: This study reports some of the findings of a larger grounded theory study. Data were collected through face-to-face interviews of patients who were seen for orthognathic treatment at a teaching hospital in the United Kingdom. Twenty-two participants were recruited (age range 18–66 y), of whom 12 (male = 2, female = 10) were 6 to 8 wk postsurgery, 6 (male = 2, female = 4) were in the decision-making stage, and 4 (male = 0, female = 4) were 1 to 2 y postsurgery. Additional data were also collected from online blogs and forums on jaw surgery. The data analysis stages of grounded theory methodology were undertaken, including open and selective coding. Results: The study identified the central role of dental care professionals (DCPs) in several underlying processes associated with decision making, including legitimating, mediating, scheduling, projecting, and supporting patients’ decisions. Six categories were related to key aspects of decision making. These were awareness about their underlying dentofacial problems and treatment options available, the information available about the treatment, the temporality of when surgery would be undertaken, the motivations and expectation of patients, social support, and fear of the surgery, hospitalization, and potentially disliking their new face. Conclusion: The decision-making process for orthognathic treatment is complex, multifactorial, and heavily influenced by the role of DCPs in patient care. Understanding the magnitude of this role will enable DCPs to more clearly participate in improving patients’ decision-making process. The findings of this study can inform future quantitative studies. Knowledge Transfer Statement: The results of this study can be used both for informing clinical practice around enabling decision making for orthognathic treatment and also for designing future research. The findings can better inform clinicians about the importance of their role in the patients’ decision-making process for orthognathic treatment and the means to improve the patient experience. It is suggested that further research could be conducted to measure some of the key constructs identified within our grounded theory and assess how these change during the treatment process.

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