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1 – 10 of over 341000To explain proposed rules recently issued by the US Securities and Exchange Commission (SEC) that would dramatically expand both public and non-public reporting of portfolios and…
Abstract
Purpose
To explain proposed rules recently issued by the US Securities and Exchange Commission (SEC) that would dramatically expand both public and non-public reporting of portfolios and other data by US registered investment companies. A companion article covers new reports proposed at the same time for investment advisers that file Form ADV with the SEC.
Design/methodology/approach
Explains how the proposed rules intend to rescind Form N-Q and adopt a new portfolio holding form, Form N-PORT, which would require expansive monthly portfolio and risk reporting; describes amendments to Regulation S-X which would both enhance and standardize derivatives disclosures in fund financial statements; and details the reporting requirements for a new annual ‘census-style’ reporting form, Form N-CEN, which would replace an obsolete existing SEC form, Form N-SAR.
Findings
While it still remains to be seen how the final rules will be written, it is clear that US registered investment companies will be subject to broader reporting requirements. Investment companies are likely to incur increased costs due to the detailed nature of the information being requested and the frequency with which they will be required to file. Access to additional and enhanced information will have consequences for investment companies with respect to SEC examinations and enforcement activity.
Practical implications
Senior management and boards of investment companies should understand the basic framework of the proposed requirements. An operations and finance working group may need to be established by companies in order to coordinate the planning and preparation process for the requirements. Firms also should determine whether their service providers have the necessary resources to assist in complying with the proposed filing requirements.
Originality/value
Practical guidance from experienced investment funds lawyer.
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Yu Xiaohui, Yang Ruhui and Liu Bo
Urban spatial form influences the social, economic, and ecological development modes of the city. The spatial form during the urbanization of Hanjiang River Basin in Southern…
Abstract
Urban spatial form influences the social, economic, and ecological development modes of the city. The spatial form during the urbanization of Hanjiang River Basin in Southern Shaanxi needs to be studied. In this study, research methodologies on urban spatial form in China and abroad were summarized. The concept of ecology background was applied, and the research framework for urban spatial form, which integrated the background, framework, core, axis, cluster, and skin, was established. Valley cities in the Hanjiang River Basin in Southern Shaanxi were classified into wide valley, narrow valley, and canyon cities. The spatial form characteristics of these three types of valley cities were discussed. A case study based on a typical city-Yang County-was conducted to discuss the characteristics of the aforementioned six elements of urban spatial form. Finally, spatial form characteristics were summarized. These characteristics provide a basis for the study of the small valley urban spatial form in the Hanjiang River Basin in Southern Shaanxi.
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Harsh K. Jha and Christine M. Beckman
We examine the emergence of an organizational form, charter schools, in Oakland, California. We link field-level logics to organizational founding identities using topic modeling…
Abstract
We examine the emergence of an organizational form, charter schools, in Oakland, California. We link field-level logics to organizational founding identities using topic modeling. We find corporate and community founding actors create distinct and consistent identities, whereas more peripheral founders indulge in more unique identity construction. We see the settlement of the form into a stable ecosystem with multiple identity codes rather than driving toward a single organizational identity. The variety of identities that emerge do not always map onto field-level logics. This has implications for the conditions under which organizational innovation and experimentation within a new form may develop.
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This chapter offers the first full translation from Russian to English of the Balance of the National Economy of the USSR, 1924–26’s first chapter. Involving 12 authors and…
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This chapter offers the first full translation from Russian to English of the Balance of the National Economy of the USSR, 1924–26’s first chapter. Involving 12 authors and composed of 21 chapters, the Balance is a collective work published in June 1926 in Moscow by the Soviet Central Statistical Administration under the scientific supervision of its former director, Pavel Illich Popov (1872–1950). In this first chapter, titled ‘Studying the Balance of the National Economy: An Introduction’, Popov set the theoretical foundations of what might be considered as the first modern national accounting system and paved the way to multisector macroeconometric modelling.
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Markus Heidingsfelder, Peter Zeiner, Kelvin J. A. Ooi and Mohammad Arif Sobhan Bhuiyan
Jonas Söderlund and Fredrik Tell
There has been a growing interest in the field of strategic management to understand the relationship between the organizational capabilities of firms and (a) the direction of…
Abstract
There has been a growing interest in the field of strategic management to understand the relationship between the organizational capabilities of firms and (a) the direction of strategies pursued and (b) the impact on competitive performance. Much of this literature has been influenced by the resource-based view of the firm. As indicated in early formulations of this theory, one implication is that the organization of resources is equally important as the resources themselves. Accordingly, the organizational and integration of resources and knowledge can be viewed as a core facet of the organizational capabilities of firms that are difficult to imitate for competitors. This paper explores a particular kind of organization referred to as the “P-form corporation” (Project-Form), its organizational capabilities and options for strategic alternatives. The chapter addresses three broad questions: (1) What are the main characteristics of P-form corporations? (2) What are the capabilities acquired and developed by P-form corporations and how are these acquired? (3) How do these capabilities vary across different strategic alternatives in the P-form corporation? The chapter concludes with a discussion about the implications for strategy and management.
This chapter offers a reading of the inclusion of Susan Glaspell's short story, A Jury of Her Peers, in the casebook, Procedure. What does it mean that the editors turn to a…
Abstract
This chapter offers a reading of the inclusion of Susan Glaspell's short story, A Jury of Her Peers, in the casebook, Procedure. What does it mean that the editors turn to a secular, literary narrative to ground a consideration of “The Problem of Judgment?” How should we read the irony of the reading instructions they provide, which reproduce the blindness to form – to the significance of “trifles” – that the text describes? How do we read literature in the context of law? More specifically, what does attention to the form of the story yield for an understanding of legal judgment?
Heather A. Haveman, Anand Swaminathan and Eric B. Johnson
We show how organizational forms shape job structures, specifically the variety and types of jobs employees hold, extending previous research on job structures in four ways…
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We show how organizational forms shape job structures, specifically the variety and types of jobs employees hold, extending previous research on job structures in four ways. First, the social codes associated with wineries’ generalist and specialist forms constrain the number of jobs and functional areas delineated by job titles. Second, form-based constraints are weakened by institutional rules that impose categorical distinctions on organizations. Third, these constraints are stronger when there is more consensus around forms. Fourth, these constraints are contingent on the legitimacy and resources of organizations of varying ages and sizes.
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Jeffrey E. Nash and Dina C. Nash
This paper depicts barbershop singing as a masculine social form, and compares and contrasts the original masculine form with the ways the form is feminized. Two organizations…
Abstract
This paper depicts barbershop singing as a masculine social form, and compares and contrasts the original masculine form with the ways the form is feminized. Two organizations, Sweet Adelines International (SAI) and The Barbershop Harmony Society (BHS) perform and promote barbershop singing. We document the devices used to feminize the form (naming, song selection, choreography, fashion, and organizational style), and argue that an interaction between form and content takes place in the women’s organization that genders the form in spite of its original masculine meanings. Theoretically significant is the description of how feminizing a masculine form reinforces the conservative ethos of, and hence senses of membership in, the barbershop form. Demonstrating that forms can accommodate even culturally distinctive content has implications for understanding the interaction between form and content.
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This chapter gives an interpretation of basic elements of Marx's scientific method, focusing on his exposition in the first edition of the first chapter of Capital I. It can be…
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This chapter gives an interpretation of basic elements of Marx's scientific method, focusing on his exposition in the first edition of the first chapter of Capital I. It can be shown that Marx's critique of political economy rests on fundamentals that are traceable in many a philosophical endeavor. This goes especially for categories and concepts relating to the theory of science and epistemology formulated in earlier German philosophy dating back to Kant. I try to demonstrate that such fundamental categories, expressed through our basic thought determinations – universality, particularity, and individuality – are developed through the judgmental and syllogistic forms of logic common to Marx and his immediate predecessors inside philosophy – thinkers as relevant in the modern world as they were in the adolescence of capitalism. Furthermore, I want to show how the concept of time is crucial in uniting the thought-determinations in question. The investigation tries to make it clear that the scrutiny of social forms of thought pursued by Marx amounts to a valid, immanent criticism of all the fundamentals of traditional bourgeois theory of science and economics. To this effect, the chapter evaluates some characteristics of the philosophies of Kant and Hegel. Also, to clarify the profundity of Marx's thinking and the thoroughness of his analysis, I go back to some of the philosophical ideas which were starting points for men like Kant and Hegel, especially in the form that we meet them in the classical political philosophy of Hobbes.