Search results

Neural networks offer an alternative to numerical scoring schemes for credit granting and extension decisions. A standard back‐ propagation neural network running on a DOS personal computer is used with 125 credit applicants whose loan outcomes are known. Applicant characteristics are described as input neurons receiving values representing the individuals' demographic and credit information. Three categories of payment history, delinquent, charged‐off, and paid‐off, are used as the networks output neurons to depict the loan outcomes. After training on part of the data, correct classifications were made on 76–80% of the holdout sample.

In response to the financial crisis that began in 2007, United States President Barack Obama signed H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act, into law on July 21, 2010. “Dodd-Frank” is intended to correct certain problems in financial markets by federally regulating the activities of independent municipal financial advisors and comprehensively expanding regulatory oversight over credit rating agencies. This article reviews the legislation and its financial management rationale, and discusses its actual and potential impact on the future operations of the municipal securities market and its participants.

In 2010 the Dodd-Frank Law was passed in response to the 2008 recession. However, questions arose regarding the federal agenciesʼ ability to regulate the economy in general and the utility of financial regulations in particular. This work examines and discusses the challenges associated with the uncertainty of the administrative environment in which agencies have been drafting regulations in response to Dodd-Frank. A lack of administrative clarity as a result of Congressional politics led to regulatory capture and operational paralysis on the part of federal agencies tasked with implementing the Act. In this type of environment it becomes very difficult for regulatory agencies to be effective and competent when regulations have not all been drafted yet and legislation is continuously changing. This article critically examines the recent proposed changes to the Dodd-Frank Law. Specifically, it delineates the manner in which the legislative instability has impacted the Federal Reserve Bankʼs capacity to effectively implement the necessary rules for mitigating economic risks.

Geography is an exciting discipline involving the interrogation of place, space, and mobility. Film is too powerful and assessable tool that engages audiences. Therefore, this article builds a rationale for utilizing film in the teaching of geography. Particularly geographic mobility, which is the study of spatial patterns of movement and viewing them with positive or negative social meaning and as embedded within structures of power.

This is not a research paper so there is no methodology to detail.

This is not a research paper so there are no findings to detail.

The article introduces three films (Selma, Hidden Figures, and The Green Book) and describes how they can be used to enrich the teaching of geographic mobility.

OUR elder son, a fledgling Frank Johnson on a provincial daily newspaper, frequently telephones his reference enquiries home rather than directing them to his paper's library or his friendly neighbourhood one. He does this because he gets priority service from his Ma; and she is happy to oblige because she can, at the same time, check up on his diet and the state of his laundry.

The increasing economic importance and the number of born global firms make it worthwhile to study what leads to their success in the international market. To better understand this international business phenomenon, we conducted in‐depth interviews with managers, coupled with public database and Web site searches. Research propositions were developed based on an extensive qualitative method. The relationship between organizational culture, information technology capability, and performance is proposed in the context of born global firms, based on viewing the concept of IT capability from the resource‐based view. We further provide recommendations for managers, theoretical contributions and suggestions for future research.

The first Wisconsin Ph.D.s who came to MSU with an institutional bent were agricultural economists and included Henry Larzalere (Ph.D. 1938) whose major professor was Asher Hobson. Larzalere recalls the influence of Commons who retired in 1933. Upon graduation, Larzalere worked a short time for Wisconsin Governor Phillip Fox LaFollette who won passage of the nation’s first unemployment compensation act. Commons had earlier helped LaFollette’s father, Robert, to a number of institutional innovations.⁴ Larzalere continued the Commons’ tradition of contributing to the development of new institutions rather than being content to provide an efficiency apologia for existing private governance structures. He helped Michigan farmers form cooperatives. He taught land economics prior to Barlowe’s arrival in 1948, but primarily taught agricultural marketing. One of his Master’s degree students was Glenn Johnson (see below). Larzalere retired in 1977.

The purpose of this paper is to develop and test control methods for real‐time automatic presser‐foot force control in industrial sewing machines. In this work, a closed‐loop controller that controls presser‐foot maximum vertical displacement is presented and compared to existing solutions that adjust force depending on sewing speed. Automatic force control can reduce problems such as stitch irregularity, stitch distortions and material damage, besides making material handling easier.

An electromagnetic force actuator was integrated in an industrial lockstitch machine. A computer‐based control system was designed implementing either speed‐variable force control, closed‐loop control, or emulating a traditional constant‐force system. Maximum presser‐foot displacement values were measured and analysed in relevant sewing situations, and seam quality was assessed.

Constant‐force control does not allow optimal force setting at all speeds. Speed‐variable force control is an improvement, but requires empirical setting of the speed‐force relation, not always assuring optimal operation. Closed‐loop control adapts force to the requirement of each sewing situation more precisely. Sewing quality is good and material handling is eased.

The actuator has to be optimised regarding response time and maximum force. Some aspects in the behaviour of the control system and actuator have to be further studied.

The proposed control system enables the automatic setting and adaptation of force to all sewing situations, making material handling easier at low speeds without compromising feeding performance at high speed. The closed‐loop controller may be used as a teach‐in system for speed‐dependent control.

This is the first prototype of a closed‐loop control system for presser‐foot force on a lockstitch sewing machine and the first comparative study of control methods for presser‐foot force control.

The purpose of this study is to investigate five well‐established issues of gender stereotype, analyzing data obtained from 811 family businesses in eight diverse countries, with the objective of testing the relationship between male and female owner/managers of these businesses and these stereotypes in a managerial context.

This eight country study involved survey research using hierarchal regression to test five hypotheses involving gender stereotypes relating to family business management. The eight countries, USA, Egypt, France, Argentina, Serbia, Kosovo, Kuwait, and Croatia, provided a mixture of entrepreneurial demographics and context.

Only one hypothesis supported a gender stereotype. As the percentage of female managers increases, so does the use of group rather than individual decision‐making. The other four variables – formal versus informal management style, conflict among family members, use of sophisticated financial analysis, and use of outside consultants, advisors and professional services – did not change significantly with the percentage of female owner/managers. For control variables, as the number of employees increased, the percentage of female owner/managers decreased, and females tended to own/manage service, rather than product, firms.

These findings offer “theory into practice” implications for owner/managers of family businesses, as well as for those who assist such businesses.

These findings provide a theoretical contribution to the study of family business because clear answers to gender management similarities and differences in family firms remain elusive, and these results expand, modify and clarify the understanding of gender issues in family business.