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Article
Publication date: 6 November 2017

Bryan L. Barreras, Barbara M. Goodstein and Kevin C. McDonald

To explain the Hague Securities Convention in the context of secured financing transactions in the US and to discuss the implications of the Convention on new and existing…

Abstract

Purpose

To explain the Hague Securities Convention in the context of secured financing transactions in the US and to discuss the implications of the Convention on new and existing transactions, as well as on market practice going forward.

Design/methodology/approach

This article provides a broad overview of the Hague Securities Convention and the impact of the Convention’s choice of law rules on secured financing transactions in the US involving intermediated securities, including how this deviates from previously applicable laws (such as the Uniform Commercial Code), and provides practical considerations with respect to secured financing transactions.

Findings

While in most circumstances the Convention provides for the same choice of law as previously applicable laws, there are certain scenarios where the Convention will produce a different result. Market practice with respect to perfecting security interests will likely change to take account of the Convention and to provide the parties with certainty regarding the law applicable to secured transactions.

Practical implications

The Convention calls for increased diligence with respect to the law governing the account agreement between the debtor and the securities intermediary and whether the securities intermediary has a qualifying office in that jurisdiction.

Originality/value

Practical guidance from experienced finance lawyers.

Details

Journal of Investment Compliance, vol. 18 no. 4
Type: Research Article
ISSN: 1528-5812

Keywords

Article
Publication date: 1 April 1970

Charles A. Stansfield

The conventions, conferences, assemblies, meetings and transient trade shows of voluntary membership organizations may be grouped together under the general heading of “conventions

Abstract

The conventions, conferences, assemblies, meetings and transient trade shows of voluntary membership organizations may be grouped together under the general heading of “conventions”. Conventions have been growing in number and size throughout the world as the necessity of the interchange of information and specialized knowledge increases. In the professional, academic, and business fields, the mutual benefits obtained through personal contacts, the main reason for holding conventions, foster expanding attendance. Continuing improvements in the ease and efficiency of communications and transportation have been instrumental in facilitating more national and international conventions. It is as though the growing usage of electronic means of communications have stimulated rather than replaced face‐to‐face exchanges of ideas and of data.

Details

The Tourist Review, vol. 25 no. 4
Type: Research Article
ISSN: 0251-3102

Article
Publication date: 1 April 2004

Georgios I. Zekos

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way…

9274

Abstract

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way of using the law in specific circumstances, and shows the variations therein. Sums up that arbitration is much the better way to gok as it avoids delays and expenses, plus the vexation/frustration of normal litigation. Concludes that the US and Greek constitutions and common law tradition in England appear to allow involved parties to choose their own judge, who can thus be an arbitrator. Discusses e‐commerce and speculates on this for the future.

Details

Managerial Law, vol. 46 no. 2/3
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 1 March 2016

Katherine Assante Perrotta and Joseph R. Feinberg

College instructors are entering a new frontier of teaching in the 21st century. Millennial students are bringing to university classrooms different experiences regarding the ways…

Abstract

College instructors are entering a new frontier of teaching in the 21st century. Millennial students are bringing to university classrooms different experiences regarding the ways they learn and engage in critical thinking. As online universities gain more popularity across the country, higher education institutions are offering more hybrid and distance-learning courses on the Internet match the demand for using technology for teaching and learning. This action research study evaluates how the Annenberg Media digital simulation The Constitutional Convention of 1787 effected student engagement in an undergraduate history course at a community college in a metropolitan region of the Southeast. Practical suggestions are provided for college level history instructors to adapt digital simulations for teaching curricular and content skills that foster critical thinking, digital literacy, and engaged learning.

Details

Social Studies Research and Practice, vol. 11 no. 1
Type: Research Article
ISSN: 1933-5415

Keywords

Article
Publication date: 9 February 2010

Joanne Jung‐Eun Yoo and Kaye Chon

The purpose of this paper is to examine whether factors that may affect potential attendees' convention participation decision change over time. In today's competitive…

2943

Abstract

Purpose

The purpose of this paper is to examine whether factors that may affect potential attendees' convention participation decision change over time. In today's competitive environment, marketers of associations and destinations make considerable efforts to increase the number of attendees for the conventions they host. Optimizing attendance relies on a clear understanding of the dynamic decision‐making process of prospective attendees.

Design/methodology/approach

The study panel was selected from a pool of hospitality and tourism association members, and they were surveyed with an identical questionnaire on two separate occasions. The 107 paired sets were used for data analysis.

Findings

The study showed that there were significant changes in the effects of the following factors on the convention participation decision: networking opportunities, safety and health situation, and travelability.

Research limitations/implications

The generalizability of the research is limited by its time scope and sample size. A three‐month split between the two sampling periods may not be sufficient to assess the temporal changes. The empirical results of the study can serve as a base to reveal how potential attendees' convention participation decision may change over time. Using the measurement scale, industry practitioners can evaluate the impact of their marketing strategies and assist in changing potential attendees' convention participation decision into one for convention attendance.

Originality/value

The study is the first attempt to assess the dynamic aspects of the convention participation decision‐making process.

Details

International Journal of Contemporary Hospitality Management, vol. 22 no. 1
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 11 April 2008

Robert C. Ford

The purpose of this paper is to provide a review of the factors and forces that led the creation of the convention and visitor bureau industry and profession to illustrate how…

3587

Abstract

Purpose

The purpose of this paper is to provide a review of the factors and forces that led the creation of the convention and visitor bureau industry and profession to illustrate how historical events influence managerial outcomes.

Design/methodology/approach

A variety of historical documents and records discovered and reviewed offer insights into identifying the factors that led to the need for and type of organizational outcomes.

Findings

This review allows an extrapolation of the past onto the future to illustrate how social, technological, and economic changes created the need for organizational responses for those who are geographical dispersed in small organizations.

Research limitations/implications

By tracing the evolution of one profession, it is possible to see the value and logic of professional organizations. Since the research literature and the available records are incomplete, the review is as well. This lack of a complete record makes any conclusions drawn or forecasting problematic.

Practical implications

Any historical review offers insights into the present status of the phenomena under review and some insights into its future. This review provides an understanding of how and why professional organizations are created and identifies how the key inducements they offer their members must, like any organization, induce their continuing support.

Originality/value

This paper reviews the history and evolution of a profession and its associated professional organization that is now large and growing larger but to date has received little academic attention or interest.

Details

Journal of Management History, vol. 14 no. 2
Type: Research Article
ISSN: 1751-1348

Keywords

Article
Publication date: 7 March 2016

Kristin Malek and Jungsun (Sunny) Kim

– The purpose of this paper is to advance a theoretical model by estimating the effects of convention attendance on gaming volume (both monthly coin-in and table game drop).

Abstract

Purpose

The purpose of this paper is to advance a theoretical model by estimating the effects of convention attendance on gaming volume (both monthly coin-in and table game drop).

Design/methodology/approach

Performance monthly data from two casinos in South Korea are used to test the research model. Specifically, time series regression modeling was performed on the data with the dependent variables including coin-in and table drop and the independent variables including convention attendance and hotel occupancy.

Findings

The hotel occupancy variable was found to significantly increase slot coin-in at a rate of 113,603,912 KRW (approximately US$93,500) per month at Casino A. Interestingly, this variable had a significant negative relationship with coin-in per month at Casino B. Meanwhile, the hotel occupancy variable failed to produce any significant effect in the table drop model at both casinos. The convention attendance variable also had no significant effect on both coin-in and table drop at both casinos.

Originality/value

This research represents the first attempt to empirically examine the effects of convention attendance on gaming revenues in Asian markets.

Details

International Journal of Event and Festival Management, vol. 7 no. 1
Type: Research Article
ISSN: 1758-2954

Keywords

Article
Publication date: 1 April 2021

Inna Soifer, Katerina Berezina, Olena Ciftci and Alexander Mafusalov

This study aims to explore virtual site visit adoption patterns of US convention facilities based on the diffusion of innovation (DOI) theory. Additionally, it offers predictive…

1094

Abstract

Purpose

This study aims to explore virtual site visit adoption patterns of US convention facilities based on the diffusion of innovation (DOI) theory. Additionally, it offers predictive models of virtual site visit tool adoption by applying probability distributions.

Design/methodology/approach

The study used content analysis of 369 US convention facility websites. Data collected from the websites recorded the presence or absence of the following tools facilitating virtual site visits: photos, floor plans, videos, 360-photos, 360-tours and virtual reality (VR)-optimized tours. The website content analysis was followed by application of the DOI theory and predictive modeling.

Findings

According to the DOI theory, the use of VR-optimized tours (4.34%) is still in the early adoption stage, followed by 360-degree tours (12.74%) and standard videos (17.89%) that have transitioned into the early majority stage of adoption and photos (72.09%) and floor plans (84.82%) that represent a late majority stage. Three predictive models with shifted Gompertz, Gumbel and Bass distributions forecasted that convention centers would achieve a 50% adoption rate of 360-degree tools (photos and tours) in 4.67, 4.2 and three years, respectively. The same models predicted a 50% adoption rate of 360-degree tours in 6.62, 5.81 and 4.42 years.

Practical implications

The research indicates that most US convention facilities have not taken full advantage of their websites as a sales and marketing tool.

Originality/value

This study is the first comprehensive attempt to evaluate the adoption rate of VR and other technologies enabling virtual site visits by using content analysis of US convention facility websites. Additionally, it is the first attempt to apply probability distributions to predict technology adoption in the convention industry context.

Details

Journal of Hospitality and Tourism Insights, vol. 4 no. 2
Type: Research Article
ISSN: 2514-9792

Keywords

Article
Publication date: 1 August 2005

Myong Jae Lee and Ki‐Joon Back

Proposes to review convention and meeting management articles published in the hospitality and tourism literature.

7775

Abstract

Purpose

Proposes to review convention and meeting management articles published in the hospitality and tourism literature.

Design/methodology/approach

Uses content analysis of 147 articles published in hospitality and tourism journals for the 14 years from 1990 to 2003.

Findings

Identifies five core research themes, i.e. economic impact of conventions, site selection, meeting participation processes, destination marketing, and advances in technology.

Originality/value

Offers the first thematic view of convention and meeting management issues, derived from the literature.

Details

International Journal of Contemporary Hospitality Management, vol. 17 no. 5
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 12 July 2011

Robert C. Ford

The purpose of this paper is to offer insights and lessons learned about how to successfully balance the interests of the many competing stakeholders who can or do influence the…

1099

Abstract

Purpose

The purpose of this paper is to offer insights and lessons learned about how to successfully balance the interests of the many competing stakeholders who can or do influence the CVB's strategy for marketing a destination.

Design/methodology/approach

The study uses a qualitative case study approach utilizing an extensive interview as the method for data collection. A series of structured questions specifically designed to focus the interview on the topic of interest was used to facilitate data collection.

Findings

The paper presents insights from Mr William C. Peeper, the person largely responsible for building the Orlando Orange County Convention and Visitors Bureau from a two‐person organization into the multi million‐dollar operation it became by the time he retired 25 years later. Since the focus of the paper is on how to successfully balance the differing goals of stakeholders to achieve organizational goals, this interview offers a number of lessons learned that can be used by any organizational leader seeking to balance the interests of diverse stakeholders.

Originality/value

This study provides fresh ideas and new insights into how to successfully manage an organization's stakeholders in ways that make it possible to achieve an organization's mission across time. The success Mr Peeper had in gaining sustained support for the mission and goals of the Orlando CVB provides important lessons on how to manage all stakeholders especially the corporate governance structure that is pertinent to any organization that has to accommodate many diverse viewpoints and interests. There is little existing knowledge on managing stakeholders across time as their interests and needs change and the management of them must also adapt.

Details

International Journal of Contemporary Hospitality Management, vol. 23 no. 5
Type: Research Article
ISSN: 0959-6119

Keywords

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