Home  About us  Contact
 

First Century (first + century)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting37%
Law and Criminology25%

Terms modified by First Century

  • first century ad
    		•
  • first century bc
    		•

    Selected Abstracts

    Redesigning Corporate Governance Structures and Systems for the Twenty First Century

    CORPORATE GOVERNANCE, Issue 3 2001
    Robert A.G. Monks
    How a corporation is governed has become in recent years an increasingly important element in how it is valued by the market place. McKinsey & Company in June 2000 published the results of an Investor Opinion Survey of attitudes about the corporate governance of portfolio companies. The survey gathered responses about investment intentions from over 200 institutions who together manage approximately $3.25 trillion in assets. Ranging from 17 per cent in the US and Britain to over 27 per cent in Venezuela, investors placed a specific premium on what was called "Board Governance". To put this into perspective, consider how greatly sales would have to increase, expenses be cut and margins improved to achieve a comparable impact on value. "For purposes of the survey, a well governed company is defined as having a majority of outside directors on the board with no management ties; holding formal evaluations of directors; and being responsive to investor requests for information on governance issues. In addition, directors hold significant stockholdings in the company, and a large proportion of directors' pay is in the form of stock options." This correlation of governance with market value by one of the most respected consulting companies in the world creates the foundations of a new language for management accountability. McKinsey has great credibility as a value-adding advisor to corporate managements. Governance is not a cause or a theology for McKinsey; it is an important element in the value of an enterprise. By getting the opinion of what we call Global Investors with portfolios of holdings on every continent, McKinsey has importantly impacted the cost of capital for all corporations henceforth. Admittedly, McKinsey's criteria of "board governance" are blunt. "Every organization attempting to accomplish something has to ask and answer the following question," writes Harvard Business School professor Michael C. Jensen in the introduction to his recent working paper: "What are we trying to accomplish? Or, put even more simply: When all is said and done, how do we measure better versus worse? Even more simply: How do we keep score... . I say long-term market value to recognize that it is possible for markets not to know the full implications of a firm's policies until they begin to show up.... Value creation does not mean succumbing to the vagaries of the movements in a firm's values from day to day. The market is inevitably ignorant of many of our actions and opportunities, at least in the short run...". Surprisingly little attention is paid to what we all intuitively know, that talented people are not entirely motivated by financial compensation. Directors therefore must pay special attention to creating an appropriate environment for stimulating optimum management performance. [source]

    Bringing Land Registration into the Twenty,First Century , The Land Registration Act 2002

    THE MODERN LAW REVIEW, Issue 4 2002
    Barbara Bogusz
    First page of article [source]

    Is there a trade-off between fertility and longevity?

    AMERICAN JOURNAL OF HUMAN BIOLOGY, Issue 4 2009
    A comparative study of women from three large historical databases accounting for mortality selection
    Frontier populations provide exceptional opportunities to test the hypothesis of a trade-off between fertility and longevity. In such populations, mechanisms favoring reproduction usually find fertile ground, and if these mechanisms reduce longevity, demographers should observe higher postreproductive mortality among highly fertile women. We test this hypothesis using complete female reproductive histories from three large demographic databases: the Registre de la population du Québec ancien (Université de Montréal), which covers the first centuries of settlement in Quebec; the BALSAC database (Université du Québec à Chicoutimi), including comprehensive records for the Saguenay-Lac-St-Jean (SLSJ) in Quebec in the nineteenth and twentieth centuries; and the Utah Population Database (University of Utah), including all individuals who experienced a vital event on the Mormon Trail and their descendants. Together, the three samples allow for comparisons over time and space, and represent one of the largest set of natural fertility cohorts used to simultaneously assess reproduction and longevity. Using survival analyses, we found a negative influence of parity and a positive influence of age at last child on postreproductive survival in the three populations, as well as a significant interaction between these two variables. The effect sizes of all these parameters were remarkably similar in the three samples. However, we found little evidence that early fertility affects postreproductive survival. The use of Heckman's procedure assessing the impact of mortality selection during reproductive ages did not appreciably alter these results. We conclude our empirical investigation by discussing the advantages of comparative approaches. Am. J. Hum. Biol., 2009. © 2009 Wiley-Liss, Inc. [source]

    Severe acute respiratory syndrome, tourism and the media

    INTERNATIONAL JOURNAL OF TOURISM RESEARCH, Issue 1 2005
    Peter Mason
    Abstract There has been an assumption, based on trends from the last two decades of the twentieth century, that global tourism will continue to grow. A number of events in the early twenty first century, however, have called this into question. Some of these have been natural occurrences, others anthropogenic, such as the terrorist attacks in New York in 2001, which indirectly affected global tourism, and that in Bali in 2002, where tourists were the major target. The outbreak of the disease severe acute respiratory syndrome (SARS) in early 2003 had direct and significant impacts on global tourism. This article provides an overview of the SARS outbreak and its impact on global tourism, and focuses on the role of the media in relation to the disease outbreak. Eighteen months on from the height of the outbreak, SARS appeared to have been checked, but there have a number of subsequent cases and of particular concern, it has been predicted that the disease will return on a large scale, and therefore a future research agenda is also presented. Copyright © 2005 John Wiley & Sons, Ltd. [source]

    Current Concerns in Validity Theory

    JOURNAL OF EDUCATIONAL MEASUREMENT, Issue 4 2001
    Michael T. Kane
    We are at the end of the first century of work on models of educational and psychological measurement and into a new millennium. This certainly seems like an appropriate time for looking backward and looking forward in assessment. Furthermore, a new edition of the Standards for Educational and Psychological Testing (AERA, APA, & NCME, 1999) has been published, and the previous editions of the Standards have served as benchmarks in the development of measurement theory. This backward glance will be just that, a glance. After a brief historical review focusing mainly on construct validity, the current state of validity theory will be summarized, with an emphasis on the role of arguments in validation. Then how an argument-based approach might be applied will be examined in regards to two issues in validity theory: the distinction between performance-based and theory-based interpretations, and the role of consequences in validation. [source]

    The Legal Cartography of Colonization, the Legal Polyphony of Settlement: English Intrusions on the American Mainland in the Seventeenth Century

    LAW & SOCIAL INQUIRY, Issue 2 2001
    Christopher Tomlins
    This essay investigates the first century of English colonization of the North American mainland, concentrating on the charters and letters patent that proponents of western planning secured over the course of the century. The elaborated legalities of chartering should be understood as a technology of planning and design. Charters allowed projectors both to justify their pursuit of particular territorial claims and to establish, with some precision, the conceptions of the appropriate, familiar, desired order of things and people that would be imposed onto uncharted social and physical circumstance. The structures of authoritative sociolegal order planned by projectors encountered others implicit in the migrations of actual settlers. Investigating settlers'disagreement with and departure from projectors'designs, the essay discards common explanations,that these were inevitable corrections brought about by the intrusion of local environmental realities on English projectors'fantasies, or the realization of an implicit evolutionary logic of political development, or of legal reception. It argues that disagreements were more often the result of a collision of distinct English legal cultures brought, by migration, into an unavoidable proximity. The essay counterposes the paradigm of "colonization" to both "common law reception" and "bottom-up localism" analyses of the formation of early American legal culture. It proposes that "colonization" also resolves the discontinuity between early (colonial) and later (U.S.) American history. [source]

    Where are we coming from?

    CANADIAN PUBLIC ADMINISTRATION/ADMINISTRATION PUBLIQUE DU CANADA, Issue 2 2003
    Are there any useful lessons from our administrative history?
    Beginning with the observation that many recent innovations in public organizations were foreshadowed under the United Canadas, 1841,1867, it asks why they were gradually abandoned over the first century of Confederation, only to be revived recently. For reasons of efficiency and democratic governance, the department became the keystone organization of Canadian public administration, and bureaucracy the key decision-making technology. Changes in economic conditions, technology, élite ideology and political culture led to the introduction of public management as an alternative to bureaucracy. Neither form has met all the needs of politicians, public servants and citizens. One lesson of the past is that other values, like representativeness, will assert themselves with the result that the system will continue to evolve. Sommaire: Cet article conteste la notion voulant que les conditions contemporaines sont si nouvelles qu'il n'y a pas de leçon utile à chercher dans I'histoire administrative. Partant de I'observation que plusieurs innovations récentes en organisation publique avaient leur pendant sous les Canadas Unis, 1841,1867, I'article cherche à comprendre pourquoi celles-ci furent graduellement abandonnées pendant le premier siècle de la Confédération puis redécouvertes récemment. Pour des raisons d'efficience et de gouveme démocratique, le ministère devint I'organisation de préférence au sein de I'administration publique canadienne, tandis que la bureaucratie devint le mode décisionnel préféré. Des changements aux conditions économiques, à la technologie, à I'idélogie des élites et à la culture politique ont menéà I'introdudion du management public comme alternative à la bureaucratie. Aucun de ces changements n'a satisfait tous les besoins des politiciens, des fonctionnaires et des citoyens. Le passé suggère que d'autres valeurs, telle la représentativité, vont s'imposer, poussant le système àévoluer encore. [source]

    Young people in Britain at the beginning of a new century

    CHILDREN & SOCIETY, Issue 4 2000
    John Coleman
    The intention of this review article is to consider some of the major social changes that have had an impact on adolescents during the latter part of the last century, and to suggest ways in which the behaviour and development of young people in the present century will alter in response to such a change. It is argued that alteration in the labour market and in family composition and structure will have particular effects on young people in the coming years. The article also considers race, gender, sexuality, mental health and social exclusion. The review concludes with some tentative predictions concerning the attitudes and likely behaviours of young people in the twenty first century. Copyright © 2000 John Wiley & Sons, Ltd. [source]