This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decisio...This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decision makers and policy makers at all levels by providing knowledge that contributes to bridging the current gap in participation of women boards.The methodology used in this research is the descriptive analytical approach,which relies on quantitative methods in the process of collecting and analyzing data.This study represents the boards of directors in the three sectors(public,private,and non-profit)in the Kingdom of Saudi Arabia,The study sample contained 350 targets,where a random sample of 150 people in the public sector,100 people in the private sector,and 100 people in the non-profit sector were selected.The research result found that the majority of the responses believe that the lack of experience and training,and social factors,are the most impact areas of explaining the reasons for the existence of a gap in women’s membership in boards of directors in the three sectors.And the most important reasons for the existence of a gender gap in board membership are:there is no statutory minimum percentage for women’s representation on boards of directors,and scarcity of female competencies in general,and the lack of women occupying leadership positions.展开更多
This research aims to investigate the influence of female directors on Intellectual Capital Performance(ICP)using a sample of manufacturing-listed companies in China.Our study investigates the link between having two ...This research aims to investigate the influence of female directors on Intellectual Capital Performance(ICP)using a sample of manufacturing-listed companies in China.Our study investigates the link between having two or more female directors and the Modified Value-Added Intellectual Coefficient(MVAIC)methodology,employing the critical mass theory from 2004–2017.We find that having a critical mass of female directors(three or more)shows a significant positive impact on MVAIC and its components,including human capital efficiency,structural capital efficiency,relational capital efficiency,and physical capital efficiency,with physical capital being the critical driver.Our study reveals that the critical mass participation of female directors substantially influences the IC efficiency of privately owned companies compared to state-owned companies.Moreover,the number of female directors also affects the IC performance of manufacturing companies in multiple regions.Our findings support the validity of group classification identified by Kanter and Critical Mass Theory.To the best of our knowledge,this is one of the few pieces of research that studies the role of female board directors in IC performance and Chinese manufacturing firms using MVAIC as an IC measure.展开更多
From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover...From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.展开更多
THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European ...THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.展开更多
This article identifies the role of library and information science (LIS) education in the development of community health information services for people living with HIV/AIDS (PLWHA). Preliminary findings are present...This article identifies the role of library and information science (LIS) education in the development of community health information services for people living with HIV/AIDS (PLWHA). Preliminary findings are presented from semi- structured qualitative interviews that were conducted with eleven directors and managers of local branches in the Knox County Public Library (KCPL) System that is located in the East Tennessee region in the United States. Select feedback reported by research participants is summarized in the article about strategies in LIS education that can help local public librarians and others in their efforts to become more responsive information providers to PLWHA. Research findings help better understand the issues and concerns regarding the development of digital and non-digital health information services for PLWHA in local public library institutions.展开更多
Non-executive directors are now very well established in Chinese business. The uniform and final criterion of weighting the independence of non-executive directors is not available. It will be valuable to draw an anal...Non-executive directors are now very well established in Chinese business. The uniform and final criterion of weighting the independence of non-executive directors is not available. It will be valuable to draw an analogy with the criterion of weighting the independence of non-executive directors in the UK, where over a dozen different criterions are applied.展开更多
Since June 2004, the State-Owned Assets Supervision & Administration Commission(SASAC) has launched pilot programs for a board of directors(BoD) for central SOEs to establish and improve their governance structure...Since June 2004, the State-Owned Assets Supervision & Administration Commission(SASAC) has launched pilot programs for a board of directors(BoD) for central SOEs to establish and improve their governance structure and standardize their exercise of shareholder rights over state-owned listed companies. Based on this quasinatural experiment, this paper examines the BoD's effects on the agency cost of state-owned listed companies and their economic consequences. Using data of central SOE-controlled companies listed at Shanghai and Shenzhen stock exchanges during 2002-2015, this paper finds that the pilot programs significantly reduced the two types of agency costs for the companies, and such effects primarily existed for listed companies with smaller central SOE shareholding ratios. Further test uncovers that, compared with central SOEs that did not carry out the pilot programs, those that did reported higher economic value-added and stock returns. Our conclusions offer a new interpretation of the BoD's governance effects from a controlling shareholder's perspective, and provide empirical evidence for the positive effects of the pilot programs for central SOE boards of directors. These findings have important policy implications for deepening SOE governance reforms.展开更多
This paper tries to find out whether some individual concerns will affect the behaviors of independent directors, specifically voting against proposals during the board meeting.We analyze career concern,compensation c...This paper tries to find out whether some individual concerns will affect the behaviors of independent directors, specifically voting against proposals during the board meeting.We analyze career concern,compensation concern,reputation concern and term concern.The results show that individual director with longer career horizon,who is better compensated,with less board seats in other firms,and whose term is earlier than that of the board chairman is more likely to dissent.展开更多
Dalian National Laboratory for Clean Energy (DNL), based mainly in Dalian Institute of Chemical Physics (DICP), Chinese Academy of Sciences (CAS), is looking for outstanding candidates for DNL director and direc...Dalian National Laboratory for Clean Energy (DNL), based mainly in Dalian Institute of Chemical Physics (DICP), Chinese Academy of Sciences (CAS), is looking for outstanding candidates for DNL director and directors for its nine research divisions: optimized utilization of fossil energy, low carbon catalysis and engineering, energy saving & energy environment, fuel cell & energy storage, hydrogen energy, biomass energy, solar energy, maritime renewable energy, basic & strategic studies on energy, and service center for energy researches. More details about DICP can be found at http://www.dicp.ac.cn/.展开更多
Aim of this study is to discuss implementation method of strategic human resource management(SHRM)in organizations.Study suggests strategic HR Director position in organizations to implement SHRM.Because personnel man...Aim of this study is to discuss implementation method of strategic human resource management(SHRM)in organizations.Study suggests strategic HR Director position in organizations to implement SHRM.Because personnel management(PM)and human resource management(HRM)are already implemented by firms,SHRM is not in practice yet.Strategic HR Director might be the methodology for implementation of SHRM.Methodology of this study is systematic review.Hence,study carefully scanned well-known field researches written by well-known HR scholars.In systematic review methodology,author posed out a research question and it answers this question by field studies and HR scholars.Main research question of this study is whether strategic HR Directors put SHRM into practice in organizations.Major defense is:Managers carry firms to organizational goals.Job responsibilities of strategic HR Directors are talent management and HRM systems.Target of talent management and HRM systems is star employees and talents in organizations because it is expected that stars may become managers in organizational hierarchy at the future.Furthermore,talent manager,PM division,and SHRM division are operated inside HRM department.If strategic HR Director position is set at top management,VENN relations between PM,HRM,and SHRM may be dispersed.Because SHRM activities would be tied to strategic HR Director,this study also explores VENN relations among three HR methodology.展开更多
The purpose of this paper is to examine the effect of the board of directors,namely board size,board independence,and CEO duality,as well as audit quality on the disclosure of internal control information.The sample c...The purpose of this paper is to examine the effect of the board of directors,namely board size,board independence,and CEO duality,as well as audit quality on the disclosure of internal control information.The sample consists of 164 European companies listed in the STOXX Europe 600.Based on positive agency theory,the authors posit that board of directors and audit quality influence corporate internal control disclosure practice.The content analysis and the design of the evaluation criterion were used to calculate the disclosure index of internal control.Thus,multiple regression analysis is utilized to analyze the results of this paper.The average internal control information disclosure index was 0.285,indicating that most of the companies in our sample do not disclose enough information about the internal control.This low level of forward-looking information disclosure makes it very difficult for corporate stakeholders to determine the future performance of the company.Multivariate results indicate that internal control disclosure is positively and significantly associated with board independence,CEO duality,and audit quality.This study contributes to the literature on the various governance characteristics and disclosure by showing that the disclosure of internal control information in European countries is positively and significantly associated with board independence,separation of duties,and audit quality.Our study was based on a sample of European companies including countries regulating IC disclosure as well as unregulated settings.As noted by Bedard and Graham(2014),regulatory differences in countries can contribute insights on the costs and benefits of disclosure.Findings also have policy implications for investors,managers,and regulators.展开更多
The photo-induced buckling of axially periodic glassy nematic films with alternating stripped director domains is explored by the F¨oppl-von K′arm′an plate theory along with a modified kinetics approach.The eff...The photo-induced buckling of axially periodic glassy nematic films with alternating stripped director domains is explored by the F¨oppl-von K′arm′an plate theory along with a modified kinetics approach.The effects of domain widths on the critical light intensity as well as the buckling morphology are examined numerically.It is found that in most cases the buckled film forms regularly aligned dimples and protrusions,but shows large scale bending perpendicular to the periodic axis if the widths of the stripes are nearly the same.In addition,change in light intensity is shown to alter the wavenumber of the buckling pattern.These results are expected helpful to the design of shape-shifting structures with glassy nematic films.展开更多
文摘This research aims to measure the current gender representation in membership of boards of directors,and to study the factors affecting the presence of women on boards.The results of the study will support the decision makers and policy makers at all levels by providing knowledge that contributes to bridging the current gap in participation of women boards.The methodology used in this research is the descriptive analytical approach,which relies on quantitative methods in the process of collecting and analyzing data.This study represents the boards of directors in the three sectors(public,private,and non-profit)in the Kingdom of Saudi Arabia,The study sample contained 350 targets,where a random sample of 150 people in the public sector,100 people in the private sector,and 100 people in the non-profit sector were selected.The research result found that the majority of the responses believe that the lack of experience and training,and social factors,are the most impact areas of explaining the reasons for the existence of a gap in women’s membership in boards of directors in the three sectors.And the most important reasons for the existence of a gender gap in board membership are:there is no statutory minimum percentage for women’s representation on boards of directors,and scarcity of female competencies in general,and the lack of women occupying leadership positions.
文摘This research aims to investigate the influence of female directors on Intellectual Capital Performance(ICP)using a sample of manufacturing-listed companies in China.Our study investigates the link between having two or more female directors and the Modified Value-Added Intellectual Coefficient(MVAIC)methodology,employing the critical mass theory from 2004–2017.We find that having a critical mass of female directors(three or more)shows a significant positive impact on MVAIC and its components,including human capital efficiency,structural capital efficiency,relational capital efficiency,and physical capital efficiency,with physical capital being the critical driver.Our study reveals that the critical mass participation of female directors substantially influences the IC efficiency of privately owned companies compared to state-owned companies.Moreover,the number of female directors also affects the IC performance of manufacturing companies in multiple regions.Our findings support the validity of group classification identified by Kanter and Critical Mass Theory.To the best of our knowledge,this is one of the few pieces of research that studies the role of female board directors in IC performance and Chinese manufacturing firms using MVAIC as an IC measure.
文摘From May 25 to October 7,2024,L’éCOLE China,School of Jewelry Arts(supported by Van Cleef & Arpels) presents the "Garden of Emeralds" exhibition in its Shanghai campus.As part of the "Discover the Gemstones" series,the exhibition gives pride to this green precious mineral and explores its history in many regions of the world,from Asia to Europe including the Middle East.Gathering both raw stones and pieces of jewelry from museum collections and private lenders,it addresses the topic through the three main pillars of L’éCOLE:gemmology,savoir-faire and the history of jewelry.
文摘THRONGS of shoppers,in a department store adorned with colorful Spring Festival posters,vying to try their hand either at Chinese calligraphy or traditional Chinese lantern-making,might seem incongruous in a European setting.The background to this vibrant scenario was The Point,Malta’s largest shopping mall,as part of the island country’s 2023 Chinese New Year celebrations,courtesy of the China Cultural Center in Malta.
文摘This article identifies the role of library and information science (LIS) education in the development of community health information services for people living with HIV/AIDS (PLWHA). Preliminary findings are presented from semi- structured qualitative interviews that were conducted with eleven directors and managers of local branches in the Knox County Public Library (KCPL) System that is located in the East Tennessee region in the United States. Select feedback reported by research participants is summarized in the article about strategies in LIS education that can help local public librarians and others in their efforts to become more responsive information providers to PLWHA. Research findings help better understand the issues and concerns regarding the development of digital and non-digital health information services for PLWHA in local public library institutions.
文摘Non-executive directors are now very well established in Chinese business. The uniform and final criterion of weighting the independence of non-executive directors is not available. It will be valuable to draw an analogy with the criterion of weighting the independence of non-executive directors in the UK, where over a dozen different criterions are applied.
基金supported by the National Natural Science Foundation of China (NSFC) programs (71502161 and 71672134)Key Programs of Philosophical and Social Science Planning of Zhejiang Province (17NDJC025Z)+1 种基金Natural Science Foundation Program of Zhejiang Province (LQ14G020011)"Zhi Jiang Young Social Science Scholar" Program of Zhejiang Province (G267)
文摘Since June 2004, the State-Owned Assets Supervision & Administration Commission(SASAC) has launched pilot programs for a board of directors(BoD) for central SOEs to establish and improve their governance structure and standardize their exercise of shareholder rights over state-owned listed companies. Based on this quasinatural experiment, this paper examines the BoD's effects on the agency cost of state-owned listed companies and their economic consequences. Using data of central SOE-controlled companies listed at Shanghai and Shenzhen stock exchanges during 2002-2015, this paper finds that the pilot programs significantly reduced the two types of agency costs for the companies, and such effects primarily existed for listed companies with smaller central SOE shareholding ratios. Further test uncovers that, compared with central SOEs that did not carry out the pilot programs, those that did reported higher economic value-added and stock returns. Our conclusions offer a new interpretation of the BoD's governance effects from a controlling shareholder's perspective, and provide empirical evidence for the positive effects of the pilot programs for central SOE boards of directors. These findings have important policy implications for deepening SOE governance reforms.
文摘This paper tries to find out whether some individual concerns will affect the behaviors of independent directors, specifically voting against proposals during the board meeting.We analyze career concern,compensation concern,reputation concern and term concern.The results show that individual director with longer career horizon,who is better compensated,with less board seats in other firms,and whose term is earlier than that of the board chairman is more likely to dissent.
文摘Dalian National Laboratory for Clean Energy (DNL), based mainly in Dalian Institute of Chemical Physics (DICP), Chinese Academy of Sciences (CAS), is looking for outstanding candidates for DNL director and directors for its nine research divisions: optimized utilization of fossil energy, low carbon catalysis and engineering, energy saving & energy environment, fuel cell & energy storage, hydrogen energy, biomass energy, solar energy, maritime renewable energy, basic & strategic studies on energy, and service center for energy researches. More details about DICP can be found at http://www.dicp.ac.cn/.
文摘Aim of this study is to discuss implementation method of strategic human resource management(SHRM)in organizations.Study suggests strategic HR Director position in organizations to implement SHRM.Because personnel management(PM)and human resource management(HRM)are already implemented by firms,SHRM is not in practice yet.Strategic HR Director might be the methodology for implementation of SHRM.Methodology of this study is systematic review.Hence,study carefully scanned well-known field researches written by well-known HR scholars.In systematic review methodology,author posed out a research question and it answers this question by field studies and HR scholars.Main research question of this study is whether strategic HR Directors put SHRM into practice in organizations.Major defense is:Managers carry firms to organizational goals.Job responsibilities of strategic HR Directors are talent management and HRM systems.Target of talent management and HRM systems is star employees and talents in organizations because it is expected that stars may become managers in organizational hierarchy at the future.Furthermore,talent manager,PM division,and SHRM division are operated inside HRM department.If strategic HR Director position is set at top management,VENN relations between PM,HRM,and SHRM may be dispersed.Because SHRM activities would be tied to strategic HR Director,this study also explores VENN relations among three HR methodology.
文摘The purpose of this paper is to examine the effect of the board of directors,namely board size,board independence,and CEO duality,as well as audit quality on the disclosure of internal control information.The sample consists of 164 European companies listed in the STOXX Europe 600.Based on positive agency theory,the authors posit that board of directors and audit quality influence corporate internal control disclosure practice.The content analysis and the design of the evaluation criterion were used to calculate the disclosure index of internal control.Thus,multiple regression analysis is utilized to analyze the results of this paper.The average internal control information disclosure index was 0.285,indicating that most of the companies in our sample do not disclose enough information about the internal control.This low level of forward-looking information disclosure makes it very difficult for corporate stakeholders to determine the future performance of the company.Multivariate results indicate that internal control disclosure is positively and significantly associated with board independence,CEO duality,and audit quality.This study contributes to the literature on the various governance characteristics and disclosure by showing that the disclosure of internal control information in European countries is positively and significantly associated with board independence,separation of duties,and audit quality.Our study was based on a sample of European companies including countries regulating IC disclosure as well as unregulated settings.As noted by Bedard and Graham(2014),regulatory differences in countries can contribute insights on the costs and benefits of disclosure.Findings also have policy implications for investors,managers,and regulators.
基金Project supported by the National Natural Science Foundation of China(No.12332011)。
文摘The photo-induced buckling of axially periodic glassy nematic films with alternating stripped director domains is explored by the F¨oppl-von K′arm′an plate theory along with a modified kinetics approach.The effects of domain widths on the critical light intensity as well as the buckling morphology are examined numerically.It is found that in most cases the buckled film forms regularly aligned dimples and protrusions,but shows large scale bending perpendicular to the periodic axis if the widths of the stripes are nearly the same.In addition,change in light intensity is shown to alter the wavenumber of the buckling pattern.These results are expected helpful to the design of shape-shifting structures with glassy nematic films.