Benefits Of Ownership Research Articles

The expansion of British steeplechasing in the Grand Duchy of Posen

ABSTRACT In the nineteenth century, British culture and sport were held in high esteem abroad as models of progress and modernity. British-organised sports gained prestige in European societies, and their practice became a symbol of social class development and progress. In contrast to the Polish population living under Austrian and Russian rule, the Polish population of the Prussian-controlled Grand Duchy of Posen had the opportunity to practise, or at least passively enjoy, steeplechasing, which originated in the British Isles. This was made possible by the Society for the Improvement of Horse, Cattle and Sheep Breeding in the Grand Duchy of Posen. Unlike the British steeplechase, the Society's jump races were free of betting and focused more on utilitarian aspects by promoting the improvement of horse breeding and the benefits of horse ownership. Despite the socio-political differences, they were very similar to their British counterparts. This makes the steeplechase races in the western Polish territories annexed by Prussia significant events and, in some ways, pioneering contributions to the development of the sport in Continental Europe. With the establishment of English sporting fashions, the steeplechase became one of the components of a long-term process of introducing various British sports to Poland.

Unveiling the Nexus: Foreign Ownership, Innovation Dynamics, and Firm Performance through a Resource-Based Lens in Vietnam

This study investigates the complex relationships between firm resources, innovation, foreign ownership, and firm performance in the context of Vietnam's emerging market. Using a comprehensive dataset of 17,430 firm-year observations from 1,245 manufacturing firms across Vietnam for the period 2010 to 2023, we employ system GMM estimation to address potential endogeneity concerns. Our findings reveal non-linear effects of firm resources and foreign ownership on performance, measured by both ROA and Tobin's Q. Specifically, we observe inverted U-shape relationships for human capital and foreign ownership, diminishing returns for physical capital, and a positive squared term for R&D intensity. Moreover, we find that foreign ownership positively moderates the effects of firm resources on performance. These results are robust to alternative measures and subgroup analyses. Our study contributes to the literature by providing a nuanced understanding of firm performance drivers in Vietnam's unique institutional context, extending the applicability of resource-based and knowledge-based views to this emerging market. The findings offer valuable insights for managers and policymakers in Vietnam, highlighting the importance of balanced resource allocation, strategic innovation investments, and the potential benefits of foreign ownership in enhancing firm performance.

Aligning technical and project management through participatory approaches: An industrial case study

AbstractThe importance of managing complexity in innovation has been highlighted both in research and practice, however the question remains: how can this be accomplished? Although there have been answers to this question, the practical alignment of process (project management) and system (technical management) viewpoints remains understudied. We responded to this challenge with an in‐depth case study in high‐tech industry. In this paper we applied Human Centered Design (HCD) and Action Research (AR) principles in a novel context, namely systems engineering. We identified main barriers and key players, essential information elements, and solution requirements. Using co‐design, we iteratively generated solution concepts, out of which we selected and evaluated one candidate concept. We highlight two main areas in our results: 1) how participatory approaches can support solving systems engineering challenges in practice; and 2) how to align the process and system viewpoints. For the first, we discuss the implications, considering aspects like the time and effort investment, along with the benefits of ownership, empathy, democracy, and collective learning. Our insights show potential to further build on the application of participatory approaches in systems engineering to match existing solutions to the practice. For the latter one, we reflect on issues such as information overload, human aspects, and the new relationship between project managers and systems engineers. Considering the current complexity demands, it is crucial to establish a better alignment between these roles and between process and system viewpoints, as they cannot be left undefined and unsupported any longer.

Persistence in the benefits of foreign ownership: Evidence from divestment

AbstractIn this paper, we examine the persistence of benefits from foreign ownership, which informs the proper FDI policies. We exploit the divestment of foreign affiliates in South Korea from 2007 to 2019 as a quasi‐experiment to estimate such persistence of benefits. Our empirical analysis at firm‐level based on the propensity score reweighted difference‐in‐differences model leads to several conclusions. First, on average, the productivity benefit from foreign ownership does not persist after the divestment. Second, the productivity benefit of foreign ownership is persistent in firms with a higher absorptive capacity, measured by R&D intensity, intangible assets, and skilled workers. Such persistence is strengthened if the former foreign affiliate has a longer duration of ownership before the divestment. It suggests that absorptive capacity and time input are helpful for foreign affiliates to persistently absorb knowledge from their owners. Finally, we find that the productivity benefits of foreign ownership are less persistent at former foreign affiliates relying more on external trade.

Optimasi Pembiayaan Haji Di Indonesia: Peran Kontrak Wakalah

The increase in Hajj registrants in Indonesia has led to the need for efficient and transparent management of Hajj funds. State regulations and Sharia principles must be adhered to when using Wakalah contracts for efficient management of Hajj funds. The aim of this research is to clarify the legal framework surrounding the Wakalah contract so that its implementation is more effective and optimizes the management of Hajj funds both in the context of sharia and state law. This research uses a normative juridical method, namely data is analyzed and processed systematically, logically and critically, using a normative approach and based on regulations, doctrine, legal principles and other relevant supplementary materials. Based on these findings, data was analyzed and a strong legal framework and sharia principles can maximize benefits for Hajj pilgrims and encourage cost-effective management of funds. Collaboration between Islamic banking institutions and Hajj regulators can also help overcome existing challenges. This research offers a deeper understanding of the benefits of ownership, Wakalah principles, as well as relevant legal and Sharia aspects, thanks to its careful methodological approach. Its unique contribution lies in its focus on beneficial ownership, a comprehensive examination of legal and sharia considerations, and the development of a practical framework for improving Hajj financial management in Indonesia.

International ownership and SMEs in Middle Eastern and African economies

AbstractEmpirical evidence on the benefits of international ownership for small and medium‐sized enterprises (SMEs) financial performance is either not available for most African and Middle Eastern countries or presents mixed results. In this paper, we investigate this further by examining the effects of ownership structure on firm performance, using financial data covering SMEs in 60 African and Middle Eastern countries, for the years 2006–2015. Results from pooled ordinary least squares and random‐effects estimations indicate that international ownership is significantly positively correlated with firm performance for (most of) Africa and the Middle East. Examining the interaction of international ownership with capital resources, we find that internationally owned firms do not use capital more efficiently than locally owned firms, implying that internationally owned firms use international resources—other than capital—more efficiently.

The effects of common ownership on price and quality decisions in competing supply chains

AbstractThis paper examines the implications of common ownership on pricing and quality decisions in supply chains. Our results indicate that the presence of common ownership enhances the quality investment but increases the wholesale price. However, the presence of common ownership induces the retailers to charge lower sales price. Because of higher wholesale price and lower sales price, the manufacturer always benefits from the common ownership but the common ownership always hurts the retailers. The presence of common ownership always benefits consumer surplus and social welfare. The benefits of common ownership are more significant as the common ownership level becomes strong.

Pets and Prams: Exploring Perceptions of Companion Animals in Relation to Maternal Wellbeing

ABSTRACT Perinatal wellbeing is a critical area of mental health to address for the benefit of parents, infants, pets, and health services. Animals, and specifically pets, have been investigated as potential wellbeing supports in clinical and non-clinical populations, yet there has been limited exploration of their role in the perinatal period. To address this gap, this study aimed to examine the perceived risks and benefits of pet ownership on perinatal mental health through qualitative reports of lived experience from mothers with pets. An online survey with open-text questions was developed; thematic analysis was applied to data from 31 eligible UK participants. The analysis identified five themes: (1) promoting wellbeing and grounding in a time of change, (2) pets as preparation for parenting, (3) caregiver burden, (4) joy and challenges of pet–baby interactions, and (5) perceptions of changing pet behavior in the perinatal period. This study indicates that accessing emotional support from pets, second-hand joy from the pet–baby bond, and having “parenting practice” are perceived wellbeing benefits from pets. Further, parents expressed that increasing social support for pet and childcare, creating boundaries for pet–baby interactions, and managing perinatal expectations could help minimize risks identified by participants, including caregiver burden and pet-based distress and anxiety. These insights may allow practitioners supporting pet-owning new parents to begin exploring new ways for families to manage pets in the perinatal period in a way that enhances wellbeing for everyone involved, including pets.

Conveying Love For Animals To Children Through Animated Cartoons: Niloya

In this study, the animated cartoon series "Niloya," which is broadcast on the children's television channel TRT Çocuk and targets preschool and school-aged children, is examined. Animals hold an important place in the world of children, just as humans and nature do. Therefore, depicting animals in animated cartoons makes them significant for children's education. The role of animated cartoons in conveying values to children is an undeniable fact. This study investigates the teaching of love for animals to children and traces the relationship between humans and animals through the Niloya animated cartoon series. For this purpose, 37 episodes of the cartoon were selected using purposive sampling technique and analyzed through narrative analysis method. As a result of the study, scenes depicting friendship between humans and animals were frequently observed in the examined episodes. Topics such as the necessity of extending a helping hand to animals living in need, the social and emotional benefits of pet ownership for children, the sense of getting to know and exploring new animals, and the importance of not harming animals were addressed in the atmosphere of the animated cartoon. Throughout all the analyzed episodes, expressions of love for animals, cooperation, friendship, spending time with them, playing with them, and human support towards animals were evident.

Nonlinear effect of employee ownership on organizational financial misdeeds: The moderating role of organizational size.

We used threshold theory to investigate the relationship between employee ownership and financial misdeeds. In particular, we theorized that monitoring and incentive benefits of employee ownership coupled with longer term orientation are two primary theoretical drivers for decreasing the incidence of financial misdeeds in employee-owned firms. Using a sample of 388 investment firms representing 3,421 firm-year observations between 2000 and 2015, we found that employee ownership has an inverted-J-shaped relationship with organizational financial misdeeds such that the negative effect of employee ownership is significant only at medium-to-high levels. We also found that the inverted-J-shaped relationship was stronger when an organization was smaller or practiced giving short-term incentives. We discuss the theoretical and practical implications of these findings. (PsycInfo Database Record (c) 2024 APA, all rights reserved).

Common Ownership and Goodwill Impairments

ABSTRACTResearch Question/IssueAre companies monitored by common owners (i.e., institutional investors that block‐own [owning 5% or more] several companies in a single industry) more likely than other companies to record goodwill impairments when their assets are overstated?Research Findings/InsightsWe find that companies monitored by common owners are more likely than other companies to record goodwill impairments when their assets are overstated. The monitoring effect is stronger for common owners with a stronger incentive to monitor and with more industry knowledge and stronger for the co‐presence of multiple common owners. Our findings are in line with the notion that common owners have an economy of scale in monitoring and internalize the negative externality of delayed recording of goodwill impairment. We also find that common ownership is associated with lower information asymmetry, which in turn increases the timeliness of goodwill impairment.Theoretical/Academic ImplicationsOur research emphasizes the monitoring role of common ownership in recording goodwill impairments. We find support for the mechanisms enabling common owners to be better monitors.Practitioner/Policy ImplicationsThe prevalence of common ownership has prompted regulatory and societal concerns regarding under‐investment in the oversight of the companies. Our findings documenting the association between common ownership and the timely recording of goodwill impairments are relevant to the ongoing debate regarding the potential costs and benefits of common ownership.

ON TRUSTS, HYPOCRISY AND CONSCIENCE

AbstractIn this paper, I suggest that taking seriously the way in which the trust is founded on a duty of conscience has far-reaching ramifications for the appropriate attitude towards new forms of trusts that are designed to allow people to enjoy the benefits of ownership without incurring the duties that come with it. The morally freighted concept of conscience that lies at the heart of trust law means that every claim against trustees invokes a demand that the trustee abide by the requirements of their conscience. The conditions on the right to blame others for a moral wrongdoing, and the relationship between blaming and suing in the context of trust law, lead to the conclusion that, in novel forms of trust that are geared towards the creation of a morally bankrupt “orphan property”, beneficiaries do not have moral standing to sue the trustee for a breach of trust.

An evaluation of 2013 privatization on Benin Electricity Distribution technical and workforce performance

Purpose This study aims to investigate the impact of the 2013 privatization of Nigeria’s energy sector on the technical performance of the Benin Electricity Distribution Company (BEDC) and its workforce. Design/methodology/approach This study used a questionnaire-based approach, and 196 participants were randomly selected. Analytical tools included standard deviation, Spearman rank correlation and regression analysis. Findings Before privatization, the energy sector, managed by the power holding company of Nigeria, suffered from inefficiencies in fault detection, response and billing. However, privatization improved resource utilization, replaced outdated transformers and increased operational efficiency. However, in spite of these improvements, BEDC faces challenges, including unstable voltage generation and inadequate staff welfare. This study also highlighted a lack of experience among the trained workforce in emerging electricity technologies such as the smart grid. Research limitations/implications This study’s focus on BEDC may limit its generalizability to other energy companies. It does not delve into energy sector privatization’s broader economic and policy implications. Practical implications The positive outcomes of privatization, such as improved resource utilization and infrastructure investment, emphasize the potential benefits of private ownership and management. However, voltage generation stability and staff welfare challenges call for targeted interventions. Recommendations include investing in voltage generation enhancement, smart grid infrastructure and implementing measures to enhance employee well-being through benefit plans. Social implications Energy sector enhancements hold positive social implications, uplifting living standards and bolstering electricity access for households and businesses. Originality/value This study contributes unique insights into privatization’s effects on BEDC, offering perspectives on preprivatization challenges and advancements. Practical recommendations aid BEDC and policymakers in boosting electricity distribution firms’ performance within the privatization context.

OPPORTUNITIES AND CONSIDERATIONS WHEN WORKING WITH AGING PET OWNERS: THE DEVELOPMENT OF GUIDES FOR PROFESSIONALS

Abstract Pets can be an important relationship in the lives of older adults and are often a factor in older adults’ behaviors and decisions. Guided by the stress process model, the aim of this study was to understand the benefits, challenges, and resources of pet ownership geriatric professionals encountered in their work. An interdisciplinary sample (N=462, 89.13% female, Mage=53.02, SDage=12.18) of geriatric professionals (i.e., people working with older adults [OA], persons with dementia [PWD], and/or caregivers [CG]) working in healthcare, social services, and private and community-based services (e.g., long-term care, housing) completed an online survey on pet ownership issues they had encountered in their work. A convergent parallel approach was used in data analysis. Quantitative data were analyzed with descriptive statistics, t-tests, and repeated measures ANOVAs. Qualitative data were analyzed using a directed content analysis to create codes and themes. The benefits of pet ownership were wellbeing (e.g., positive mental and physical health) and connections. Pet care was the most common challenge (e.g., basic care, financial), caregiver strain was unique to CGs. Other challenges were planning, safety (e.g., falls, pet behavior), and the pet being a barrier to care. The companionship directly experienced by OA and PWD was the central resource of pet ownership. The results were synthesized to develop guides for professionals on the benefits, challenges, opportunities, and considerations when working with older adult pet owners (including PWD) and another was created for professionals working with caregivers aging pet owners (living with and without dementia).

The effect of home ownership on the independence and participation of Kurdish women in society. A quantitative study of Sanandaj in Iran

AbstractHousing is a great family asset, especially in developing countries. Since economic resources bring social and political power, home ownership can be very influential in enhancing people's socio‐political power. The benefits of home ownership become even more notable among groups of people who were deprived of such power. In Sanandaj, home ownership shows a much lower rate among women than among men, and it is therefore interesting to know whether an increase would empower women and in what ways.Methodologically, this study used the Sanandaj Document Registration Office as well as a survey (a questionnaire filled out by 300 female homeowners in Sanandaj) to collect the data. The analysis of the data is based on the Kendall correlation test and Path analysis test. The research results show that there is a very high correlation between home ownership (as an independent variable) and economic independence, decision‐making independence and participation of women in urban communities (as dependent variables). The article concludes that home ownership can significantly improve the independence and participation of Kurdish women in Sanandaj, and makes a number of policy recommendations to reach this goal.

Property ownership and firm performance: firm-level analysis of post-communist economies

ABSTRACT This study investigates the relationship between property ownership and firm performance in transition economies. The adoption of market-oriented institutions across transition economies after the collapse of the Berlin Wall was not uniform. Our empirical work confirms substantial differences in the propensity of property ownership and firm performance across transitional economies because of institutional heterogeneities. We identify two types of post-communist economies: the countries with solid market-based institutions (Eastern European economies) that were able to reap the benefits of property ownership leading to increased profitability and productivity and the nations with weak institutions (Commonwealth of Independent States) where the principal association of interest is not consistent with conceptual predictions. Our empirical analysis shows that institutional differences, specifically a higher risk of capital expropriation, may force firms in the CIS to avoid capital ownership, limiting firms’ ability to exploit the positive benefits of capital ownership on firm profitability and productivity.

Pet safety guidelines for pediatric transplant recipients.

Approximately 70% (90.5 million) of United States (US) households own at least one pet. Dogs are the most common, making up about 38% of all household pets, followed by cats, which make up 25%. Other pets such as fish, birds, reptiles, and small animals such as hamsters, gerbils, and rabbits are less common household members. Pets are often considered a part of the family and there are significant medical and psychosocial benefits to pet ownership; however, the possibility of disease transmission exists related to the type of animal and infectious organism, and specific human risk factors. Immunocompromised individuals may be at increased risk of serious illness from zoonotic infections. During the transplant evaluation and routinely posttransplant, the multidisciplinary team should inquire about pet ownership and animal exposures to guide on potential risks. This review discusses the most common diseases seen in various household pets including dogs, cats, birds, fish, and some farm animals. We will also present guidelines for pet safety and include strategies to decrease the risk of infection while supporting the benefits of pet ownership after transplant.

FOREIGN OWNERSHIP AND BANK RISK-TAKING IN VIETNAM

Foreign ownership of banks in Vietnam refers to the participation and ownership of banks by foreign entities in the country's financial sector. Over the years, Vietnam has gradually opened up its banking industry to foreign investors as part of its broader economic reforms and efforts to integrate with the global economy. Foreign ownership of banks in Vietnam was initially restricted, but the government has implemented various measures to encourage foreign investment in the sector. This balanced approach aims to harness the benefits of foreign ownership while safeguarding financial stability and the interests of the domestic economy. Therefore, it may make the banks more risky and perform the study on the relationship between foreign ownership and bank risk taking become more important. The objective of this study is to examine the influence of foreign ownership on the risks faced by commercial banks in Vietnam. By analyzing data collected from a survey conducted between 2010 and 2020, involving 28 commercial banks in Vietnam, the empirical findings demonstrate that foreign ownership in Vietnamese commercial banks is associated with a reduction in risks. Additionally, the research reveals that lower risks experienced by Vietnamese commercial banks in the past are correlated with lower risks in the present. These findings contribute to the ongoing discourse surrounding foreign ownership in Vietnamese commercial banks, emphasizing the need for policymakers to prioritize the effectiveness of joint-stock foreign ownership.

Heart rate during sleep in PTSD patients: Moderation by contact with a service dog

There is growing interest in the potential health benefits of dog ownership in both the lay and scientific communities. Large reductions in risk for cardiovascular disease and all-cause mortality in dog owners relative to non-owners have been observed in epidemiological samples. Persons diagnosed with posttraumatic stress disorder exhibit elevated risk for cardiovascular disease. The current study tested a sample of 45 U.S. military veterans with deployment-related posttraumatic stress disorder employing an intensive, longitudinal, within-subjects design contrasting sleep heart rate on nights with and without a service dog. As participants were engaged in residential psychiatric treatment, sleep opportunities, waking activities, meals, and medications, were consistently scheduled. The primary recording methodology, mattress actigraphy, enabled passive quantification of heart rate over a total sample of 1097 nights. Service dog contact was associated with reduced sleep heart rate especially in participants with more severe PTSD. Longer-term longitudinal studies will be needed to assess the durability and asymptotic magnitude of this effect. An unexpected effect of nights in study was associated with increased heart rate consistent with hospitalization-associated deconditioning.

A game-theoretic analysis of Wikipedia's peer production: The interplay between community's governance and contributors' interactions.

Peer production, such as the collaborative authoring of Wikipedia articles, involves both cooperation and competition between contributors. Cooperatively, Wikipedia's contributors attempt to create high-quality articles, and at the same time, they compete to align Wikipedia articles with their personal perspectives and "take ownership" of the article. This process is governed collectively by the community, which works to ensure the neutrality of the content. We study the interplay between individuals' cooperation and competition, considering the community's endeavor to ensure a neutral point of view (NPOV) on articles. We develop a two-level game-theoretic model: the first level models the interactions between individual contributors who seek both cooperative and competitive goals and the second level models governance of co-production as a Stackelberg (leader-follower) game between contributors and the communal neutrality-enforcing mechanisms. We present our model's predictions regarding the relationship between contributors' personal benefits of content ownership and their characteristics, namely their cooperative/competitive orientation and their activity profile (whether creators or curators of content). We validate the model's prediction through an empirical analysis, by studying the interactions of 219,811 distinct contributors that co-produced 864 Wikipedia articles over a decade. The analysis and empirical results suggest that the factor that determines who ends up owning content is the ratio between one's cooperative/competitive orientation (estimated based on whether a core or peripheral community member) and the contributor's creator/curator activity profile (proxied through average edit size per sentence). Namely, under the governance mechanisms, the fractional content that is eventually owned by a contributor is higher for curators that have a competitive orientation. Although neutrality-seeking mechanisms are essential for ensuring that ownership is not concentrated within a small number of contributors, our findings suggest that the burden of excessive governance may deter contributors from participating, and thus indirectly curtail the peer production of high-quality articles.