Search results1 – 10 of over 155000
This paper briefly reviews the assembly line balancing techniques developed over the last 30 years. It attempts to establish the direction of research, to identify…
This paper briefly reviews the assembly line balancing techniques developed over the last 30 years. It attempts to establish the direction of research, to identify unexplored areas with potential for study and recommends future courses of action.
This article follows on an investigation conducted by the Unit for Library and Information Research of the Human Sciences Research Council in 1981 for the Department of…
This article follows on an investigation conducted by the Unit for Library and Information Research of the Human Sciences Research Council in 1981 for the Department of National Education. The article is limited to a consideration of the aim and functions of national library services. Matters such as the organisation and management of these services, the pros and cons of centralisation and decentralisation in particular circumstances, bringing services into line with modern demands, problem areas in existing services, the raison d'être of national library and information advisory councils alongside the management councils of national library services, legislation of these services, etc. have been excluded from the discussion.
The term ‘obsolescence’ occurs frequently in the literature of librarianship and information science. In numerous papers we are told how most published literature becomes…
The term ‘obsolescence’ occurs frequently in the literature of librarianship and information science. In numerous papers we are told how most published literature becomes obsolete within a measurable time, and that an item receives half the uses it will ever receive (‘half‐life’) in a few years. ‘Obsolescence’ is however very rarely defined, and its validity, interest, and practical value are often assumed rather than explained. Before reviewing studies on ‘obsolescence’, therefore, it is necessary to look at the concept and to identify the reasons why it should be of interest.
Investors label high (low) book-to-market (B/M) firms as value (growth) companies. The conventional wisdom supports that growth stocks grow faster than the value ones…
Investors label high (low) book-to-market (B/M) firms as value (growth) companies. The conventional wisdom supports that growth stocks grow faster than the value ones, creating greater shareholder value. The Purpose of this paper is to analyze how stocks of growth and value companies create value for their shareholders in Brazil, compared to the USA market. For this, the authors analyze three dimensions of return.
First, the authors perform portfolios to analyze the growth rates of shareholders’ return. Then, the authors perform regressions to study the explanatory power of the B/M in growth. The data come from Thomson Reuters Eikon database and the Brazilian Institute of Geography and Statistics. The authors select all non-financial firms with available data from 1997 to 2017.
The profitability of growth firms is higher than the value ones, in almost every year after the portfolios’ formation, with little variation. Contrary to the findings for the US market, growth companies in Brazil show higher dividend growth than value companies.
It is possible that the database does not contain complete and entirely reliable accounting data, which may partially affect the results.
The findings contradict those exposed in the USA. The implications are the inverse of the US study: the duration-based explanation could be a vital factor for the value premium in the Brazilian stock market. Also, the findings support the standard valuation techniques and help the growth rates estimation in the valuation process (top-down approach).
This study is the first to compare the profitability and dividend growth of growth/value stocks in the Brazilian market. Overall, growth stocks have considerable profitability, and dividend growth compared to value stocks.
It is contended that knowledge management is directed towards finding out how and why information users think, what they know about what they know, the knowledge and attitudes they have and the decisions they make when they interact with others. At the heart lies the mutation of information into knowledge, a process best understood through seeing, knowing and information retrieval as features common to cognitive psychology and information management. The knowledge we have of knowledge, and changes to knowledge, can be monitored in negotiations like knowledge interviews for trainees. Such knowledge and belief systems can also be translated into managerial strategies, both qualitative, as when we emphasise value and benefit in the marketing approach to information, and quantitative, as when we devise ways of assessing probabilities with which desired outcomes will occur. Knowledge management is as much the management of meaning as management of entities and people, for in meaning lies the key to our understanding of what we decide to do as information managers. It is a multi‐disciplinary field offering a semantics and pragmatics for the evaluating and self‐evaluating manager.
During the past decades, journal impact data obtained from the Journal Citation Reports (JCR) have gained relevance in library management, research management and research…
During the past decades, journal impact data obtained from the Journal Citation Reports (JCR) have gained relevance in library management, research management and research evaluation. Hence, both information scientists and bibliometricians share the responsibility towards the users of the JCR to analyse the reliability and validity of its measures thoroughly, to indicate pitfalls and to suggest possible improvements. In this article, ageing patterns are examined in ‘formal’ use or impact of all scientific journals processed for the Science Citation Index (SCI) during 1981‐1995. A new classification system of journals in terms of their ageing characteristics is introduced. This system has been applied to as many as 3,098 journals covered by the Science Citation Index. Following an earlier suggestion by Glnzel and Schoepflin, a maturing and a decline phase are distinguished. From an analysis across all subfields it has been concluded that ageing characteristics are primarily specific to the individual journal rather than to the subfield, while the distribution of journals in terms of slowly or rapidly maturing or declining types is specific to the subfield. It is shown that the cited half life (CHL), printed in the JCR, is an inappropriate measure of decline of journal impact. Following earlier work by Line and others, a more adequate parameter of decline is calculated taking into account the size of annual volumes during a range of fifteen years. For 76 per cent of SCI journals the relative difference between this new parameter and the ISI CHL exceeds 5 per cent. The current JCR journal impact factor is proven to be biased towards journals revealing a rapid maturing and decline in impact. Therefore, a longer term impact factor is proposed, as well as a normalised impact statistic, taking into account citation characteristics of the research subfield covered by a journal and the type of documents published in it. When these new measures are combined with the proposed ageing classification system, they provide a significantly improved picture of a journal‘s impact to that obtained from the JCR.
ALTHOUGH the first Public Libraries (Scotland) Act was placed on the Statute Book in 1853, it was not until 1899 that the Corporation of the City of Glasgow was empowered to establish and maintain public libraries throughout the city. Between 1876 and 1897 four attempts were made to secure public approval for the adoption of the Public Libraries (Scotland) Acts, but when all these efforts proved unsuccessful, the Corporation decided in June, 1888 to include in a Local Bill for submission to Parliament, certain clauses conferring upon themselves the power to become a library authority. Promoted in 1899, the Bill became known as the Glasgow Corporation (Tramways, Libraries, etc.) Act 1899, and the library clauses passed through Parliament without opposition and received Royal Assent on 1st August, 1899. The powers conferred by this Local Act empowered the Corporation:
The task of the librarian is to achieve his library's objectives. A simplistic statement, perhaps, but it is rare that a library's objectives are defined in any terms…
The task of the librarian is to achieve his library's objectives. A simplistic statement, perhaps, but it is rare that a library's objectives are defined in any terms other than the broadest—for example, ‘to meet the needs of its users’. In fact, the definition of objectives in any service organization is likely to be an iterative process, but the explicit commitment to users‘ needs (however mystical this concept may be) requires the librarian to examine users’ behaviour as a first step to determining policy. Since a complete state‐of‐the‐art in user behaviour would fill a substantial book, this survey is restricted to drawing together some threads of research of potential application in university libraries. Methodological problems are not discussed here, since these are adequately reviewed elsewhere.