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To explain the Supreme Court’s ruling in its recent Kokesh v. SEC decision and its impact on the SEC’s ability to recover disgorgement of ill-gotten gains beyond the five-year statute of limitations.

This article discusses the Supreme Court’s recent decision and the immediate effects it will have on the SEC’s approach to a variety of cases in which a significant portion of the recovery may now be outside the statute of limitations.

The article concludes that the recent Supreme Court decision will have an immediate effect of preventing the SEC from reaching back beyond five years for disgorgement; however, the SEC may be able to comply with Kokesh and modify its procedures so that its financial recoveries from those that violate securities laws may be categorized as an equitable remedy (like restitution) rather than as a penalty (like forfeiture) which is subject to a five-year statute of limitations.

The article provides practical guidance from experienced securities litigation and white collar crime lawyers. It explains and analyzes the Supreme Court decision that severely limits the ability of the SEC to seek disgorgement by limiting the SEC’s use of disgorgement to a five-year statute of limitations.

The experimental parliamentary subsidy on knights' fees and freehold incomes from lands and rents of 1431 was the only English direct lay tax of the Middle Ages which broke down. As such, this subsidy has a clear historiographical significance, yet previous scholars have tended to overlook it on the grounds that parliament's annulment act of 1432 mandated the destruction of all fiscal administrative evidence. Many county assessments from 1431–1432 do, however, survive and are examined for the first time in this article as part of a detailed assessment of the fiscal and administrative context of the knights' fees and incomes tax. This impost constituted a royal response to excess expenditures associated with Henry VI's “Coronation Expedition” of 1429–1431, the scale of which marked a decisive break from the fiscal-military strategy of the 1420s. Widespread confusion regarding whether taxpayers ought to pay the feudal or the non-feudal component of the 1431 subsidy characterized its botched administration. Industrial scale under-assessment, moreover, emerged as a serious problem. Officials' attempts to provide a measure of fiscal compensation by unlawfully double-assessing many taxpayers served to increase administrative confusion and resulted in parliament's annulment act of 1432. This had serious consequences for the crown's finances, since the regime was saddled with budgetary and debt problems which would ultimately undermine the solvency of the Lancastrian state.

For years, there has been an appalling crisis developing – that of the state of our planet. Humanity has become disconnected from nature, with devastating consequences. We are in an emergency state: a crisis of perception (HRH et al., 2010, p. 6). This paper puts forward a conceptual model for harmony restoration through tourism entrepreneurship.

In developing the proposed framework, the authors have adopted the seven core principles of Richard Dunne of the Harmony Project, inspired by HRH The Prince of Wales’s vision set out in his book “Harmony: A new way of looking at our world”. The authors propose that developing entrepreneurial tourism in respect of the harmony principles would enhance the industry and act as a platform to educate those that engage with it.

In this conceptual viewpoint paper, the authors draw upon the harmony principles to provide a cohesive framework for restoring harmony through entrepreneurship in tourism. The premise of our framework is that for the tourism industry to become more regenerative and transformative, it requires the continuing contributions of the entrepreneurs involved (De Lange and Dodds, 2017; Kirby, 2020).

The suggested framework builds on the work of David Kirby (2020) and epitomises a step toward harmony restoration through tourism and entrepreneurship, thus contributing to future research seeking to explore a novel and encircling approach to regeneration and tourism entrepreneurship. The paper provides a foundation for policy making to promote harmonious entrepreneurship practices in the tourism field.

By the end of this chapter, you should be able to demonstrate an understanding of:

The connectivity between society, global events, current philosophy and trends.

How each period is characterised by available technology, knowledge and globalisation relevant to the time?

How culture is shaped by societal philosophies?

Emerging characteristics that capture the ‘zeitgeist’.

The purpose of this paper is to show how various organizational justifications for hiring decisions influence the beneficiary's perceptions of fairness. Specifically, the paper investigates the relative impacts of no justification, affirmative action justification and justifications based on attempts to improve organizational creativity.

Participants were asked to read several vignettes in which the justification for the hiring decisions was manipulated. Fairness perceptions were then assessed for each scenario. Paired‐sample t tests were used to test hypotheses.

The paper finds that perceptions of both procedural and distributive justice appeared to follow a common theme across Hispanic and African American subgroups where the hiring decision was perceived to be fairer when no justification was provided. Hiring decisions based on affirmative action and diversity programs designed to promote creativity were perceived as less fair by both African Americans and Hispanics.

The study used a sample of minority students, thereby limiting the generalizability of these findings.

The current study has practical implications in that it may help both academicians and practitioners better understand what applicants perceive regarding the fairness of affirmative action and diversity programs.

Past research has investigated the preferential selection of women and minorities, however, there has been little systematic inquiry into the possible justifications that might reduce the negative reactions of beneficiaries.

The Professors of the Imperial College of Science and Technology have addressed to Lord Crewe, the Chairman of the Governors of the College, a memorial urging the necessity of the encouragement of science and of research. In commenting upon this document the Journal of Chemical Technology observes that “a satisfactory feature of the memorial is the recognition on the part of the signatories that scientific education should be on broad lines.” “We have always contended that an indispensable preliminary to a professional career should be a thoroughly sound general education. Whether or not the study of science is the best kind of study may be a debatable point, but it is certain that exclusive attention to science is thoroughly bad. A man's mind is narrow when he is unable to recognise the importance of things outside his own particular sphere of action, and it is precisely this state of mind that the exclusive study of science tends to produce. It is, therefore, the more necessary, in seeking to secure greater attention to scientific studies in the reform of our educational system, to take care that nothing be done which may curtail the period required for the acquisition of general knowledge. It is far better to delay than to hasten specialisation. A step in the right direction has been made when scientific men themselves state that they do not believe that “an education which includes good teaching of science need be a narrow education,” but we wish that this opinion had been positively rather than negatively expressed. The memorial refers to the “lethargy, misconception, and ignorance” of the public regarding national education. It is pertinent here to remark that when anything goes wrong and no particular individual or individuals can be held to be, or will acknowledge themselves to be, responsible, the “public” is blamed; the public being everybody with the exception of the denunciator and his friends. In the present instance the fault is not, even for the greater part, with the people. They are, naturally enough, interested in education only in so far as it is expressed in terms of school and college accounts and of wage‐earning capacity. Of the bearing that improvement in education and the advancement of physical science has on the welfare of the community the average man knows little and cares less. He has to be educated in the value of education. He is not, and probably never will be, interested in education as an abstract good. What interest he has in it is purely utilitarian. If he sees that the knowledge which he himself does not possess carries with it but doubtful prospects for the future, poor remuneration in the present and a social position little better than his own, he is unlikely to be impressed with the value of education. The fact is that there is a lamentable want of opportunity for the intellectual classes in this country and until this state of things is remedied the public will continue to display—and with every justification — “lethargy, misconception, and ignorance” in respect to national education.

A laboratory experiment explores the perceived fairness of hiring decisions with regards to justifications that might reduce the negative reactions of job recipients. In particular, we examine the effects of no justification, and the affirmative action argument on the perceived fairness of the hiring of women and minorities. Results indicate that the hiring decision is perceived to be fairer when no justification is given than when affirmative action is used to justify the decision. The perception of decision was further moderated by proportional values with stronger effects for men than women.

Researchers, subject specialists, and information professionals have long been aware of scientific and technical (sci‐tech) dictionaries available from the U.S. government. Yet these reference sources often remain invisible to the general public, especially in libraries that exclude government documents from the main catalog or that maintain separate documents collections. However, as more libraries automate their holdings and load cataloging records for government publications into their online public access catalogs (OPACs), government documents should become more visible. Until then, it may surprise some to learn that many U.S. government agencies have allocated vast resources into compiling, publishing, and updating technical dictionaries in print, microfiche, and electronic format.

The promotion of research-based entrepreneurship is considered a crucial task for universities and policymakers in many Western countries. Research has shown that the university environment plays a decisive role in the spin-off activities of researchers. Although the number of science-based spin-offs has increased in recent years, women are still an exception when it comes to developing spin-off ventures. In turn, there is a lack of knowledge regarding the university environment that supports entrepreneurship from a gender perspective.

Based on the theoretical framework of the “Entrepreneurial University,” this contribution examines the formal and informal conditions for academic entrepreneurship using the example of Swiss universities of applied sciences (UAS). Based on a cross-sectional dataset of 1,551 researchers from various disciplines who were surveyed in 2019, linear regressions and logistic regression models were used to test gender-specific differences in the perception of organizational conditions concerning the entrepreneurial exploitation of research.

The results demonstrated significant differences in the perception of formal and informal conditions in higher education. First, they show gender differences in the perception of informal entrepreneurial support in universities; in particular, female researchers received less informal support for spin-off projects. For example, women hardly viewed commercial use of research and development knowledge as a career option and considered the existence of entrepreneurial role models at universities to be low. Second, further analyses highlighted that also formal support offerings were less known among female researchers.

The study highlights organizational barriers for female researchers regarding the development of spin-off creation at UAS, including the different formal and informal conditions for female academics in comparison to their male counterparts.

Recently a statement has been issued and circulated privately to interested parties by a Committee composed of the Food Manufacturers' Federation and a few Public Analysts, containing suggested standards for the composition of jams. The suggestions are that jams are to be divided into two grades, first quality and second quality respectively, each grade to contain generally a minimum amount of soluble solids, and fruit or fruits individually. Each grade is to include all varieties of jams, pure and mixed, with different fruit standards for each variety. At the same time particular attention is to be paid to correct labelling of each jam. The scheme is a step in the right direction, but it is open to severe criticism on several points on which many Public Analysts and local authorities will agree. The question of correct labelling will be satisfactory to all parties including the consuming public, but it is to be regretted that the suggestion is made that first quality jams may contain not only other added fruit juices, but also such substances as citric, tartaric and malic acids and pectin, without declaration. Second quality jams containing these or other substances must, on the other hand, have a label declaring the additions, therefore what possible objection can be raised to the declaration of added fruit juices, etc., in first quality jams, especially when it is claimed that any such addition is for the improvement of the consistency of the jams? The consuming public are certainly entitled to know the composition of the jam which they purchase—it is unlikely that objection would be taken to such jam if the procedure adopted was honestly and openly intimated to the purchaser, and a declaration of this nature, binding on all manufacturers, ought to be compulsory. As every housewife knows, good jams can be made without the addition of other fruit juices or pectin. Further, in the proposals issued there is no suggestion as to the amount of added substances which are to be permitted. Standards of such a nature constitute a severe and serious handicap to those manufacturers who produce what are after all the genuine and superior articles, namely, jams made by boiling fruit with sugar without additions of any kind whatever.