Managerial control divergence and analysts’ information precision

AbstractIn this paper we provide a stock price model that explicitly incorporates credit risk, under a stochastic optimal control system. The stock price model also incorporates the managerial control of credit risk through a control policy in the stochastic system. We provide explicit conditions on the existence of optimal feedback controls for the stock price model with credit risk. We prove the continuity of the value function, and then prove the dynamic programming principle for our system. Finally, we prove the Viscosity Solution of the Hamilton–Jacobi–Bellman equation. This paper is particularly relevant to industry, as the impact of credit risk upon stock prices has been prominent since the commencement of the Global Financial Crisis.

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Emotional Labour and the Autonomy of Dependent Self-Employed Workers: The Limitations of Digital Managerial Control in the Home Credit Sector

Work Employment and Society ◽

10.1177/0950017020979504 ◽

2021 ◽

pp. 095001702097950

Author(s):

Esme Terry ◽

Abigail Marks ◽

Arek Dakessian ◽

Dimitris Christopoulos

Keyword(s):

Decision Making ◽

Digital Control ◽

Managerial Control ◽

Emotional Labour ◽

Labour Process ◽

Heterogeneous Nature ◽

Worker Autonomy ◽

The Impact

Changes to the labour process in the home credit sector have exposed the industry’s agency workforce to increased levels of digital managerial control through the introduction of lending applications and algorithmic decision-making techniques. This article highlights the heterogeneous nature of the impact of digitalisation on the labour process and worker autonomy – specifically, in terms of workers’ engagement in unquantified emotional labour. By considering the limitations of digital control in relation to qualitative elements of the labour process, it becomes evident that emotional labour has the scope to be a source of autonomy for dependent self-employed workers when set against a backdrop of heightened digital control. This article therefore contributes to ongoing labour process debates surrounding digitalisation, quantified workers and digital managerial control.

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Learning from experience: A structured methodology based on TOC

Human Systems Management ◽

10.3233/hsm-2005-24108 ◽

2005 ◽

Vol 24 (1) ◽

pp. 95-104

Author(s):

Eli Schragenheim ◽

Avner Passal

Keyword(s):

Mental Models ◽

Control Mechanism ◽

Theory Of Constraints ◽

Top Management ◽

Learning From Experience ◽

Managerial Control ◽

Thinking Processes ◽

The Right

This paper presents a structured methodology for learning from experience. It uses the Thinking Processes of the Theory of Constraints with some changes. The objective of the methodology is to learn from single events to identify flawed mental models, update them and fix the processes and norms that have been based on the flawed model. The methodology as such could be used as a managerial control mechanism, especially at times of change, to keep the organization on the right direction pointed by the top management.

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Influence of managerial control on performance in medical information system projects: The moderating role of organizational environment and team risks

International Journal of Project Management ◽

10.1016/j.ijproman.2015.10.003 ◽

2016 ◽

Vol 34 (1) ◽

pp. 102-116 ◽

Cited By ~ 33

Author(s):

Shan Liu ◽

Lin Wang

Keyword(s):

Information System ◽

Medical Information ◽

Medical Information System ◽

Organizational Environment ◽

Managerial Control ◽

Moderating Role

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EKREM TATOGLUAND KEITH W. GLAISER, Dimensions of Western Foreign Direct Investment in Turkey (Westport, Conn.: Quorum Books, 2000). Pp. 226. $67.50 cloth.

International Journal of Middle East Studies ◽

10.1017/s0020743801484078 ◽

2001 ◽

Vol 33 (4) ◽

pp. 663-665 ◽

Cited By ~ 1

Author(s):

Asim Erdilek

Keyword(s):

Developing Countries ◽

Economic Development ◽

Foreign Direct Investment ◽

United Nations ◽

Multinational Corporation ◽

Direct Investment ◽

Foreign Investor ◽

Managerial Control ◽

The Past ◽

The United Nations

The surge in foreign direct investment (FDI)—investment with managerial control by the foreign investor, usually a multinational corporation—has been the major driver of globalization in the past two decades and the accelerator of economic development in many developing countries. It has, however, bypassed Turkey. By all relevant relative measures found in the United Nations' annual World Investment Report, Turkey has failed to attract much FDI.

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