Search results

This paper aims to consider a number of key laws and regulations that have implications for information management and internal control systems.

The paper is a discussion of the key laws and regulations. It also considers a number of frameworks that may be useful for assessing compliance with applicable laws and regulations.

Organizations worldwide are impacted by an increasing number of laws and regulations. Many of them have important implications for information management and internal control systems even though they may lack explicit references to information management. This is because information technology (IT) has become pervasive in modern organizations, and it is self evident that awareness of applicable laws and regulations, along with their potential impacts on information management systems, is critical for compliance.

The paper shows how the increasing number of laws and regulations impact on the information management functions of organizations in a variety of ways.

The purpose of the paper is to serve as a useful reference for anyone embarking on research into intellectual capital (IC). It provides a succinct summary of the seminal works on this research area.

The paper reviews the seminal literature arranges it into a chronology of the evolving research into IC.

The findings show that IC has undergone a number of development stages from definitions, models through to measures and applications of IC to business and management issues.

The review is limited to refereed journals and books published before March 2007.

IC is an area of interest to numerous parties, including shareholders, institutional investors, scholars, policymakers and managers. This paper serves as a useful reference on the stages of development of IC and the applications to business and management issues.

The study of IC has undergone a number of stages, from early conscious awareness efforts, to classification of IC and to the search for appropriate measures of IC. This paper provides a taxonomy on IC research as suggestions about future research directions.

The debate on the determinants of firm value is ongoing; and the increasing gap in the book‐to‐market ratio (Lev & Sougiannis 1999) has yet to be explained in the financial literature. This article contributes to the debate by examining whether intellectual capital measured using the value added intellectual coefficient (VAICTM) (Pulic 1998) contributes to the explanation of the book‐to‐market ratio. This study used Ohlson’s 1995 valuation model and JSE Securities Exchange (SA) (JSE) data in an attempt to identify whether the book value of assets, accounting (accrual) earnings and VAICTM explain the behaviour of South African share prices. The panel data least squares model results indicate a significant relationship between share prices three months after year end, and abnormal earnings, abnormal cash dividends, book value of assets, the capital employed coefficient, and the human capital coefficient.

The distinction between discussing human capital (HC) and its actual measurement is the presence of indices and equations to substantiate the belief of measuring intangibles. The chapter makes a concise mention of research precedents, deriving leads for the foundation of HC. The chapter aims to provide clarity on the concept of HC measurement and bring to light the tools that can confer tangibility to intangibles. It argues that the measurement of HC is an achievable idea; furthering that a systematic review into the inter-disciplinary studies can offer viable solutions to the challenge of measuring intangibles. The chapter while discussing the contention makes a vivid mention of Bhutan’s gross national happiness (GNH), Happiness Seismograph, Cobb–Douglas model and others to make an impression on the minds of the reader.

This paper aims to conduct a comprehensive literature review in the tidal energy physics, the ocean environment, hydrodynamics of horizontal axis tidal turbines and bio-mimicry.

The paper provides an insight of the tidal turbine blade design and need for renewable energy sources to generate electricity through clean energy sources and less CO₂ emission. The ocean environment, along with hydrodynamic design principles of a horizontal axis tidal turbine blade, is described, including theoretical maximum efficiency, blade element momentum theory and non-dimensional forces acting on tidal turbine blades.

This review gives an overview of fish locomotion identifying the attributes of the swimming like lift-based thrust propulsion, the locomotion driving factors: dorsal fins, caudal fins in propulsion, which enable the fish to be efficient even at low tidal velocities.

Finally, after understanding the phenomenon of caudal fin propulsion and its relationship with tidal turbine blade hydrodynamics, this review focuses on the implications of bio-mimicking a curved caudal fin to design an efficient horizontal axis tidal turbine.

Knowledge is the currency of the current economy, a vital organisational asset and a key to creating a sustainable competitive advantage. The consequent interest in knowledge management (KM) has spurred an exponential increase in publications covering a broad spectrum of diverse and overlapping research areas. The purpose of this paper is to provide a literature review and categorised analysis of the rapidly growing number of KM publications, and offer a comprehensive reference for new-comers embarking on research in the field with a particular focus on the area of knowledge measurement.

A total of 350 articles published in peer-reviewed journals over the last decade are carefully reviewed, analysed and categorised according to their specific subject matter in the KM context.

KM research tends to fall in one of five categories: Ontology of Knowledge and KM, Knowledge Management Systems, Role of Information Technology, Managerial and Social issues, and Knowledge Measurement. Despite the accumulation of extensive publication efforts in some areas, a series of disagreements and a theory-practice gap are revealed as challenging issues that need to be addressed.

The scope of this study does not cover KM research in its entirety due to the vast nature of the research field.

This paper presents a new birds-eye view of the KM landscape through a novel taxonomy of KM research providing researchers with new insights for future applied research, and offers a comprehensive critical review of major knowledge measurement frameworks.

In the context of the European city, the regeneration of former industrial sites is a unique opportunity to actively steer urban development. These plots of land gain strategic importance in actively triggering development on the city scale. Ideally, these interventions radiate beyond the individual site and contribute to the strengthening of the location as a whole. International competition between locations is rising and prosperous development a precondition for wealth and wellbeing. This approach to the regeneration of inner city plots makes high demands on all those involved. Our framework suggests a stronger focus of the conceptualization and analysis of idiosyncratic resources, to enable innovative approaches in planning. On the one hand, we are discussing spatially restrained urban plots, which have the capacity and need to be reset. On the other hand, each plot is a knot in the web of relations on a multiplicity of scales. The material city is nested into a set of interrelated scale levels – the plot, the quarter, the city, the region, potentially even the polycentric megacity region. The immaterial relations however span a multicity of scale levels. The challenge is to combine these two perspectives for their mutual benefit. The underlying processes are constitutive to urban space diversity, as urban form shapes urban life and vice versa.

The purpose of this paper is to explore contemporary attitudes amongst UK construction professionals regards fire safety post the Grenfell Tower disaster. Specifically, the research examines practitioner’s perceptions of fire safety design, material specification, construction and maintenance of high-rise blocks throughout a building’s whole life cycle.

A multi-methodology approach was adopted that utilises a mix of research methods. Extant literature and media content is used as a secondary data source, providing a more insightful interpretivist analysis – the results of which guided the development of the survey’s main question set. Primary survey data are sourced from structured interviews and questionnaires completed by participating industry professionals and built environment undergraduate students using non-representative sampling methods. In addition, a Grenfell Tower special advisory panel member was interviewed to add further validity to the overall findings.

The quantitative findings present evidence to suggest that the Grenfell disaster (and media storm that has surrounded this event) has raised the general level of fire safety knowledge and competency amongst construction professionals. However, qualitative feedback from the special advisory panel member suggests specific fire prevention knowledge remains elusive within both industry and taught programmes at Higher Education Institutes. As a consequence, changes in the taught curriculum are proposed together with an extension of the role of facilities managers in practice to cover fire safety in greater depth.

This paper provides thoughtful insights into the contemporary discourse on fire safety within the UK construction industry. The research also provides critical suggestions to both industry and policy makers which seek to prevent a repeat tragedy occurring again.

The purpose of this paper is to describe lessons learned from integrating student-managed investment funds (SMIFs) in finance education systems based on the case of the Raymond Rebsamen Investment Fund at the Sam M. Walton College of Business, University of Arkansas.

The paper has three main parts. First, it describes how the Rebsamen Fund operates as an integral part of undergraduate and graduate finance education at the Walton College. Second, it explains how the Fund spawned creation of sister funds, an institute, a 62-seat trading center, and coordinates with other agencies and stakeholders. Third, it lists strengths, weaknesses, opportunities and threats facing future SMIF integration into finance education.

The use of innovative experiential learning solutions like SMIFs bridging theory and practice can be enhanced by integrating them into effective systems of finance education.

Lessons learned include benefits of SMIF management by class, licensing and professional certification, trading centers, use of SMIF finances to support other components of education, proliferation of SMIFs, SMIF stimulation of academic units like centers/institutes, SMIF facilitation of collaboration, importance of tying SMIFs to student finance clubs, coordination of industry speaker visits between SMIF classes and clubs, and use of SMIFs in addressing cutting-edge challenges.

This paper discusses how SMIFs can be integrated in finance education.

This chapter briefly explores selected English and general education policy documents, curricula, and textbooks within the context of Kingdom of Saudi Arabia (KSA) from a Critical Discourse Analysis perspective and examines how they have changed pre- and post-21st century. First, a policy document related to education in KSA in general (pre-21st century) is analyzed along with an English language teaching (ELT) policy document of the same period. Next, two general policy documents post-21st century are explored, followed by one related to ELT policy. Finally, one post-21st century document related to higher education is discussed. The “network of practices” within which these documents are situated are first detailed, as well as the structural order of the discourse, and some linguistic analysis of the choice of vocabulary and grammatical structures (Meyer, 2001). Issues which might be problematic to the learning and teaching identities of the students and teachers interpreting these documents are also highlighted. Finally, we consider whether the network of practices at this institution and KSA in general “needs” the problems identified in the analysis and critically reflect on the analysis.