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New Language (new + language)
Selected AbstractsRedesigning Corporate Governance Structures and Systems for the Twenty First CenturyCORPORATE GOVERNANCE, Issue 3 2001Robert 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] Conflict and Rationality: Accounting in Northern Ireland's Devolved AssemblyFINANCIAL ACCOUNTABILITY & MANAGEMENT, Issue 1 2005Mahmoud Ezzamel The purpose of this study is to explore the implications of the rationality of accounting thought and practice as a mediating mechanism in the highly-charged, conflict-ridden situation in Northern Ireland (NI). The paper draws on a variety of data sources, including a series of interviews with key actors. There are some indications of accounting information being used to inform discussion and debate at the new Assembly. However, a number of politicians, from a spectrum of political traditions, do not relate to this new language, and the instability of the process (evidenced by frequent suspensions) discourages learning and engagement. Overall, this suggests that, without greater continuity, there is a limitation on the ability of accounting practices to mediate tensions. [source] Access to immunology through the Gene OntologyIMMUNOLOGY, Issue 2 2008Ruth C. Lovering Summary The Gene Ontology (GO) is widely recognized as the premier tool for the organization and functional annotation of molecular aspects of cellular systems. However, for many immunologists the use of GO is a very foreign concept. Indeed, as a controlled vocabulary, GO can almost be considered a new language, and it can be difficult to appreciate the use and value of this approach for understanding the immune system. This review reflects on the application of GO to the field of immunology and explains the process of GO annotation. Finally, this review hopes to inspire immunologists to invest time and energy in improving both the content of the GO and the quality of GO annotations associated with genes of immunological interest. [source] A Global, Community Building Language?INTERNATIONAL STUDIES PERSPECTIVES, Issue 2 2008Amitai Etzioni Although long championed, a global language has not come to fruition despite considerable efforts. Many fear that such a language would undermine the particularistic, identity-constituting primary languages of local and national communities. These concerns can be addressed at least in part by utilizing a two-tiered approach in which efforts to protect primary languages are intensified at the same time that a global language is adopted as an additional language and not as a substitutive one. Although the U.N. or some other such global organization could, theoretically, choose a language to serve as the global language, English is already (and increasingly) occupying this position as a result of the colonial period and post-colonial developments. In this respect, English is compared to the development of the railroad system in the United States, which although introduced at considerable human costs by overpowering corporations, later became an integral part of the economy and society. Whether English should be adopted as a second language, or as a third or fourth one, is heavily influenced by the level of difficulty involved,the labor to fluency ratio,in acquiring a new language. [source] Communicating and judging the quality of qualitative research: the need for a new languageJOURNAL OF HUMAN NUTRITION & DIETETICS, Issue 3 2003S. A. Fade Abstract Background Traditionally UK dietitians have tended to take a more quantitative approach to research. Qualitative research which gives an in-depth view of people's experiences and beliefs is also now being used to help answer some important dietetic research questions. Review A review of the limited number of qualitative research papers in the Journal of Human Nutrition and Dietetics 1990,2002 (nine papers in all), revealed a lack of specific discussion of the quality strategies commonly used in qualitative research. This could indicate a less than robust approach, but might also reflect a different perspective on quality, or simply the difficulties associated with disseminating qualitative research to a profession whose members lack familiarity with the language. The fact that qualitative research seems to be used rarely may also indicate a poor understanding of its role. Purpose of this paper This paper seeks to clarify the potential role of qualitative research and draws on previously published guidelines for demonstrating quality. It is hoped that this will offer dietitians a framework for carrying out qualitative research and a language for reporting it, as well acting as a stimulus for discussion. [source] Test-based accountability: Potential benefits and pitfalls of science assessment with student diversityJOURNAL OF RESEARCH IN SCIENCE TEACHING, Issue 1 2010Randall D. Penfield Abstract Recent test-based accountability policy in the U.S. has involved annually assessing all students in core subjects and holding schools accountable for adequate progress of all students by implementing sanctions when adequate progress is not met. Despite its potential benefits, basing educational policy on assessments developed for a student population of White, middle- and upper-class, and native speakers of English opens the door for numerous pitfalls when the assessments are applied to minority populations including students of color, low SES, and learning English as a new language. There exists a paradox; while minority students are a primary intended beneficiary of the test-based accountability policy, the assessments used in the policy have been shown to have many shortcomings when applied to these students. This article weighs the benefits and pitfalls that test-based accountability brings for minority students. Resolutions to the pitfalls are discussed, and areas for future research are recommended. © 2009 Wiley Periodicals, Inc. J Res Sci Teach 47: 6,24, 2010 [source] On the effectiveness of clone detection by string matchingJOURNAL OF SOFTWARE MAINTENANCE AND EVOLUTION: RESEARCH AND PRACTICE, Issue 1 2006Stéphane Ducasse Abstract Although duplicated code is known to pose severe problems for software maintenance, it is difficult to identify in large systems. Many different techniques have been developed to detect software clones, some of which are very sophisticated, but are also expensive to implement and adapt. Lightweight techniques based on simple string matching are easy to implement, but how effective are they? We present a simple string-based approach which we have successfully applied to a number of different languages such COBOL, JAVA, C++, PASCAL, PYTHON, SMALLTALK, C and PDP-11 ASSEMBLER. In each case the maximum time to adapt the approach to a new language was less than 45 minutes. In this paper we investigate a number of simple variants of string-based clone detection that normalize differences due to common editing operations, and assess the quality of clone detection for very different case studies. Our results confirm that this inexpensive clone detection technique generally achieves high recall and acceptable precision. Over-zealous normalization of the code before comparison, however, can result in an unacceptable numbers of false positives. Copyright © 2005 John Wiley & Sons, Ltd. [source] | |||||||||||||