scholarly journals Interactions of Legislative Environment, Ownership Structures and Control Rights: A Review of Literature

2011 ◽  
Vol 4 (1) ◽  
Author(s):  
Meltem Gurunlu
Keyword(s):  
Review Of Literature ◽  
Control Rights ◽  
Ownership Structures ◽  
And Control

scholarly journals Corporate governance and performance: Evidence from Chinese private listed companies based on cash flow rights and control rights

2012 ◽  
Vol 9 (2) ◽  
pp. 85-93 ◽  
Author(s):  
Hu Dan Semba ◽  
Haiyan Zheng
Keyword(s):  
Firm Performance ◽  
Cash Flow ◽  
Listed Companies ◽  
Negative Influence ◽  
Independent Directors ◽  
Control Rights ◽  
Ownership Structures ◽  
And Performance ◽  
Cash Flow Rights ◽  
And Control

This paper investigates the relationship between control rights, cash flow rights, and firm performance across a sample of 276 China’s private listed companies (CPC) from 2003 to 2008. This paper finds that the performance of firms with pyramid ownership structures (POS) is lower than that of firms with direct controlling ownership structures (DOS). The separation of control rights and cash flow rights, which is the main characteristic of POS, is negatively related to the firm performance. Furthermore, in order to reduce the negative influence of control rights, this paper proposes the following countermeasures: cash flow rights should be increased because it has a positive effect on the firm performance; the supervisory powers of shareholders meeting (SM) should be strengthened because it helps improve firm performance and overrule invalid decisions taken by independent directors in China. This is proved by the findings that show a positive correlation between the attendance rate at shareholders’ meetings and firm performance; moreover, there is no positive relationship between independent directors and firm performance.

Daylighting Strategies in Iranian Vernacular Residential Buildings in Hot and Dry Climate

2015 ◽  
Vol 747 ◽  
pp. 329-332
Author(s):  
Elham Maghsoudi Nia ◽  
Titi Hajihasani ◽  
Mohd Yazid Mohd Yunos ◽  
Nordin Abdul Rahman
Keyword(s):  
Energy Efficiency ◽  
Significant Role ◽  
Residential Buildings ◽  
Design Phase ◽  
Review Of Literature ◽  
Shading Devices ◽  
And Control

Daylighting strategies and control of it, plays a significant role in energy efficiency and provision of visual comforts in buildings. This study conducted a review of literature and observation in a hot and dry region of Iran in order to investigate daylighting strategies and control of it by shading devices in the vernacular residential buildings. The results show thatdaylight in vernacular rooms was provided through door, window, Rozan, Moshabak, and Goljam. These components were equipped with thevertical and horizontalshading devices such as Orsi, Sarsayeh, Tabeshband and Kharakpoushto control the sunlight. The vernacular lighting strategy was in response to the energy efficiency and provided visual comfort.The vernacular concepts and schemes still can be adopted and reused by architects and developers. The study recommends appropriate daylight schemes and shading devices in design phase to achieve energy efficiency in new residential buildings.

scholarly journals Research and the Approval Process: The Organization of Persuasion

2019 ◽  
Vol 109 (3) ◽  
pp. 911-955 ◽  
Author(s):  
Emeric Henry ◽  
Marco Ottaviani
Keyword(s):  
Information Acquisition ◽  
Drug Approval ◽  
Regulatory Process ◽  
Approval Process ◽  
Control Rights ◽  
Classic Solution ◽  
Organizational Rules ◽  
And Control ◽  
Normative Perspective

An informer sequentially collects and disseminates information through costly research to persuade an evaluator to approve an activity. Payoffs and control rights are split between informer and evaluator depending on the organizational rules governing the approval process. The welfare benchmark corresponds to Wald’s classic solution for a statistician with payoff equal to the sum of informer and evaluator. Organizations with different commitment power of informer and evaluator are compared from a positive and normative perspective. Granting authority to the informer is socially optimal when information acquisition is sufficiently costly. The analysis is applied to the regulatory process for drug approval. (JEL D82, D83, I18, L51, L65, O31)

Ownership and Control Rights in Internet Portal Alliances, 1995-1999

2003 ◽  
Vol 34 (2) ◽  
pp. 356 ◽  
Author(s):  
Daniel W. Elfenbein ◽  
Josh Lerner
Keyword(s):  
Control Rights ◽  
Internet Portal ◽  
And Control

scholarly journals Ethical and political dilemmas of local self-government in Poland in the course of systemic transformations (1990–2018)

2018 ◽  
Vol 21 (7) ◽  
pp. 7-26
Author(s):  
Michał Kasiński
Keyword(s):  
Point Of View ◽  
Local Democracy ◽  
Control Rights ◽  
Local Authorities ◽  
Political Values ◽  
Election Process ◽  
The Republic ◽  
Government Reforms ◽  
And Control

The study presents critical reflections on the course and results of Polish local self-government reforms from March 1990, when after 40 years of the system of territorial soviets (national councils), self-government was reintroduced into communes, until January 2018, when an attempt to improve the systemic institutions of self-government in communes, poviats and voivodships was once again revisited. The author points out significant discrepancies between the basic ethical and political values of local self-government, i.e. democracy, independence and efficiency, and the changing content of self-government systemic laws as well as the practice of local authorities’ operations, and formulates proposals aimed at repairing Polish local self-government by adjusting its organisation and functioning to the principles resulting from the Constitution of the Republic of Poland and the European Charter of Local Self-Government. He considers as the most important the elimination of pathological phenomena of simulated local democracy which include: a drastically low turnout in elections and referenda, the disappearance of democratic responsibility of local self-government bodies, and the autonomy of the directly elected executive body of the commune from the influence of the local representation. From this point of view, he positively assesses the new regulations, strengthening the guarantee of transparency of operations carried out by local self-government bodies and control rights of councillors, as well as expanding the catalogue of initiative, consultative and control powers of citizens. He points out, however, that ensuring real democracy in of the local authorities requires a deeper reconstruction of the principles of self-government, the election process, and strengthening the role of representation in creating and enforcing the responsibility of executive bodies.

scholarly journals Gender and the Commons

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Ranjini Murali ◽  
Ajay Bijoor ◽  
Charudutt Mishra
Keyword(s):  
Irrigation Water ◽  
Social Structures ◽  
Common Pool Resource ◽  
Control Rights ◽  
Gender Group ◽  
Resource Governance ◽  
The Commons ◽  
Role Of Women ◽  
And Control

Studies on common pool resource governance have largely focused on men, who tend to have disproportionate rights and ownership with regards property and resources. This has resulted in the access and control rights of women being generally overlooked. Gender disaggregated analyses have revealed the important role of women in the governance of the commons. While certain commons may be relatively more important for women, there are variations in their level of resource access and management role, influenced by social structures and divisions. We examined the role of gender and how such intersectionality could shape the governance of the commons in the Spiti Valley in the Indian Trans-Himalaya. We found that gender, class, and caste intersected in the governance of irrigation water. Our study highlights the role of women in the governance of the commons and points to the nuanced and variable roles found within this gender group.

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