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1 – 10 of 20Kobra Gharouni Jafari, Esmatullah Noorzai and M. Reza Hosseini
This paper aims to explore the potential capabilities of the application of computing features (CFs) in resolving the most common issues that adversely affect performance in…
Abstract
Purpose
This paper aims to explore the potential capabilities of the application of computing features (CFs) in resolving the most common issues that adversely affect performance in architecture, engineering and construction (AEC) projects.
Design/methodology/approach
Through a comprehensive review of the literature, 10 most significant CFs were identified. Also, the 15 most prevalent issues in AEC projects (AECIs), for which computers can provide remedial solutions, were determined and categorized into three phases of design, construction and operation. Potential impacts of each CF on handling AECIs in each of the three stages were assessed based on experts’ perceptions.
Findings
CFs are ranked based on their potential on solving the identified AECIs. So too, the order of the most common AECIs is provided in terms of their disposition for being solved by CFs. In this regard, findings reveal that the most effective CF in addressing AECIs is “artificial intelligence” and the most solvable AECI by using CFs is “increased costs and poor budgeting.” Furthermore, the most appropriate CF to handle each AECI is specified, as a result of which, it is inferred CFs are more effective in handling operation-related issues, compared to design, construction phases.
Practical implications
The results can provide a profound insight into software/tool selection based on features that enable technological tools and programs to handle AECIs in the three major phases of projects. Moreover, technology providers and vendors are provided with a benchmark to supply products according to the demands of the AEC industry. The study provides a readily available point of reference for practitioners in selecting various CFs for handling common AECIs that affect their projects.
Originality/value
A large body of research is available on the evaluation of various computer-based technologies and tools. Nevertheless, little, if any, study exists that explores the potential of underlying CFs of these technologies in addressing endemic problems across various stages of AEC projects. This study is one of the first in its kind that shifts to exploring various CFs, as the main enablers of computer technologies, establish links between these CFs and common issues of projects and assesses the potential of various CFs in addressing common problems of construction projects.
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Julie Abrams and Damian von Stauffenberg
The rapid growth of foreign private lending to microfinance institutions (MFIs) in the past several years has led to a surprising reversal of roles between government-owned…
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The rapid growth of foreign private lending to microfinance institutions (MFIs) in the past several years has led to a surprising reversal of roles between government-owned development agencies and private lenders. Development institutions [International Financial Institutions (IFIs)] are concentrating their loans in the strongest MFIs, leaving private lenders to look for opportunities among smaller, riskier borrowers. Development institutions are “crowding” private lenders out of the best MFIs.
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Clive D. Simon and Amrik S. Sohal
Examines some of the issues faced by South African manufacturingconcerns and considers in particular the chemical industry. Considersthe macro‐environmental factors with…
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Examines some of the issues faced by South African manufacturing concerns and considers in particular the chemical industry. Considers the macro‐environmental factors with particular reference to the political environment, unemployment and violence, and the effect of the removal of sanctions. Examines the South African chemical industry in terms of its past history and present structure. Discusses the new challenges faced by the industry and potential new strategies which can advance the South African chemical industry.
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J.G.I. Oberholster and M.J. Nieuwoudt
For years, interim financial reports in South Africa were regulated by the South African Companies Act No. 61 of 1973 (as amended) (i.e. statutory requirements) and by the…
Abstract
For years, interim financial reports in South Africa were regulated by the South African Companies Act No. 61 of 1973 (as amended) (i.e. statutory requirements) and by the Johannesburg Stock Exchange (JSE) Listing Requirements (i.e. regulatory requirements) only. However, on the international front, major progress was being made in respect of improving the quality of interim financial reporting. South Africa soon followed suit and issued its own accounting statement, AC 127, which is based on the international standard (IAS 34). The School of Accountancy at the University of Pretoria commenced a research project on interim financial reporting in 1997 to investigate compliance with related reporting requirements. This paper is a product of the project. The purpose of the study reported in this paper was to: [a] Compare the requirements stated in IAS 34 and AC 127 with the local regulatory and statutory requirements, to determine whether these requirements are duplicated and to establish in which respect the accounting standards require additional disclosure requirements. [b] Provide an overview of the extent to which companies listed on the JSE adhered to IAS 34 and AC 127 and complied with regulatory and statutory requirements in their interim financial reports in the period 1997 to 1999. [c] Make recommendations regarding the improvement of local statutory and regulatory disclosure requirements.
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Sonia M. Ospina, Nuria Cunill-Grau and Claudia Maldonado
This chapter describes an institutional choice that most Latin American countries have taken in the past 25 years: the creation of national Public Performance Monitoring and…
Abstract
This chapter describes an institutional choice that most Latin American countries have taken in the past 25 years: the creation of national Public Performance Monitoring and Evaluation (PPME) systems. We summarize research assessing their institutionalization, identify their shortcomings, and discuss trends demonstrating a potential – not yet realized – to fulfill their vocation as instruments of political and democratic accountability. Despite remarkable progress in their institutionalization, the evidence suggests that the systems fall short in producing strong results-oriented democratic accountability. Key factors hindering this aspiration include the systems' low credibility, problems associated to their diversification, low institutional coherence, and lack of effective coordination mechanisms to improve information legibility, its quality, its usefulness, and thus its use by both public managers and citizens. We suggest that PPME systems depend on environmental conditions beyond government structures and processes and argue that citizen-oriented mechanisms and entry points for social participation around the systems are required to fulfill their accountability function.
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C.J. de Villiers and D.S. Lubbe
Previous research has revealed industry differences in respect of environmental reporting in South Africa. However, these studies concentrated on particular types of environmental…
Abstract
Previous research has revealed industry differences in respect of environmental reporting in South Africa. However, these studies concentrated on particular types of environmental reporting and therefore precluded many other types of environmental reporting in the annual reports surveyed. Past surveys also awarded equal credit to any reference to a particular type of environmental information, whether it comprised a single sentence or several pages. The annual reports of the top 100 companies, in terms of market capitalisation, were analysed and a sentence count of environmental disclosure was done with the use of the Hackston & Milne (1996) methodology. The group of energy companies was defined as comprising companies in energy‐intensive industries or companies that are producers of energy carriers. The survey revealed that these companies disclosed significantly more environmental information than other companies, in total and in each category These findings are consistent with the notion of legitimacy, which holds that companies cannot prosper if their aims and methods are not perceived to be in line with that of society. For this reason, companies that have the most obvious environmental impact tend to disclose more environmental information than other companies in an effort to legitimise their aims and methods in the eyes of society.
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