Suchergebnisse

Research conducted by LaSalle Governmental Consultants, Ltd. ; On cover: New horizons in long term care. ; Cover title: Long term care research and demonstration projects final reports, 1987. ; Mode of access: Internet.

Projections of executive turnover loom over the three sectors with aging baby boomers filling many executive‐level positions, and research into causes, outcomes, and processes of turnover are timely inquiries. Yet, scholarly attention into nonprofit executive turnover has been limited to date and has not sufficiently examined actual turnover events. To help address this gap, forty nonprofit organizations that had recently experienced executive turnover were selected from a national random sample, and the current executives participated in an interview. This qualitative data was analyzed to identify factors and dynamics that define nonprofit executive turnover. These findings both confirm practical knowledge and offer new insights relevant to future research and practitioners alike.

Doing some research on international currencies, I reviewed FX turnover data from the BIS, through April 2022. Dollar dominated, two months after the expanded Russian invasion of Ukraine. Figure 1: Share of foreign exchange turnover in April of indicated survey year (out of 2), for USD (inverted blue triangle), EUR (inverted tan triangle), EUR legacy […]

This study examines the application of CEO turnover on reverse stock splits firms. Using Taiwanese samples, we find that non-CEO turnover firms receive negative long-term abnormal returns, and their financial performances continue to decline following reverse splits. These findings are consistent with prior studies. Contrarily, neither significantly negative long-term abnormal returns nor changes on financial performance were found for CEO turnover firms. This study concludes that applying CEO turnover is suggestive in reverse splits. Additionally, we find that reverse split firms raise debt and concern with their short-term solvency following splits.

On 15 March 2009, Mauricio Funes, the candidate of the Farabundo Martí National Liberation Front (FMLN)–a former guerrilla movement that laid down its arms in 1992 and reconstituted itself as a political party–won the presidential election in El Salvador, marking the country's first peaceful turnover of power since the nation-state became independent in 1821. But sweeping social and political change will probably be elusive; instead, political and economic constraints are apt to lead to a surprising continuity in public policy.

We study a two-period delegation model with an uncertain future principal. In the first period, an incumbent principal decides whether to delegate policy-making authority to an agent or make policy herself. Before the second period, there is an election, and another principal with different preferences may take power. The main result is that the incumbent can exploit the uncertainty about the future principal to extract policy surplus from the agent. The agent's uncertainty about the future principal pushes him to implement a policy that both principals accept. The surplus from this compromise policy makes the incumbent better off than she would be without the possibility of turnover. We also find that when costs are low, policy stability can increase as elections become more competitive, as the agent has more incentive to implement a compromise policy. We then allow the incumbent to appoint the agent. We show that as the incumbent becomes more likely to retain office, she prefers more policy conflict with the agent.