The Role of Investor Gut Feel in Managing Complexity and Extreme Risk

2018 ◽  
Vol 61 (5) ◽  
pp. 1821-1847 ◽  
Author(s):  
Laura Huang
Dementia ◽  
2017 ◽  
Vol 19 (4) ◽  
pp. 1308-1315
Author(s):  
Susan Drayton ◽  
Karen H Dening

Carer distress is an all too common factor in caring for someone with dementia, whether living with the person with dementia, or trying to maintain their independence when they are living alone. Providing support for families on many day-to-day issues with immediacy as and when they arise can be very difficult to achieve for services on the ground as carer need can be difficult to anticipate as well as the changing status of the person with dementia. This paper discusses the innovative role of managing complexity on a dementia telephone helpline manned by Admiral Nurses, specialist dementia nurses, in expertly supporting a family over a weekend where there were health concerns of a family member with dementia and a high level of carer distress.


2022 ◽  
Author(s):  
Ionela Daniela Găitan-Botezatu ◽  

Globally, post-event funding needs are growing, while the material and human damage caused by extreme events is constantly growing. The 2015 United Nations (UN) Global Assessment Report on Disaster Risk Reduction estimated that worldwide, these extreme events cause losses of approximately $ 250-300 billion annually. Although there are now various post-event financing options (insurance, grants, loans, donations, etc.) for the population, companies or public institutions, these instruments are often not sufficient for post-event recovery and reconstruction, so many challenges remain for post-event recovery. Thus, there is often a gap between the financing needs of companies or the population and the existing financing instruments, most often the amounts needed for financing being higher than the amounts that are available through the various existing financing mechanisms. In this article we addressed the topic of post-event funding sources such as donations and highlighted that these, although they are one of the cheapest sources of funding, the support of post-event donors is often uncertain. Also, in the elaboration of this paper I used qualitative and quantitative research based on the use of methods such as Spearman correlation indicator, data processing and analysis, documenting reports, studying reference works and other studies.


Author(s):  
K Conrick ◽  
A Davis ◽  
L Rooney ◽  
MA Bellenger ◽  
FP Rivara ◽  
...  

Author(s):  
Brian Corbitt ◽  
Konrad Peszynski ◽  
Olaf Boon

This chapter reports a case study of ERP implementation in an institution of higher education. The ERP is one based on integration of administrative tasks based on Oracle® systems and is successful both in terms of its embeddedness in institutionalized practice and in supporting that university’s operations. The key issue that emerged from the study showed that understanding complexity, institutionalized practice, and the power relations in existence enable the implementation to be more effective, as it can be managed when understood. The chapter argues that organizations reproduce practice and that an ERP challenges that. To deal with that challenge, social dramas emerge wherever power exists, and the resulting conflicts challenge the effectiveness of the systems put in place. In this case study, the key role of the project champion in resolving the social dramas became evident.


2019 ◽  
Vol 26 (2) ◽  
pp. 203-223 ◽  
Author(s):  
Li Xiao

Purpose The purpose of this paper is to explore the role of trust in the unobservable decision-making process of lead investors and follow-on investors in the specific context of equity crowdfunding (ECF) campaigns. Design/methodology/approach This work employs a case study approach. The author conducts a three-year inductive field study of Chinese ECF – AngelCrunch. The author gathered both campaign and platform-level data from the selected case covering a period of seven years from 2011 to 2018. The data set used for this study includes the characteristics of 189 online campaigns, 25 face-to-face interviews with the platform managers, early-stage investors and entrepreneurs, first-hand observations and quarterly reports on online campaigns supplemented with informal interviews with the authors for the reports. Findings The findings from this study provide early insights onto the unobservable decision-making process of ECF investors. It demonstrates that lead investors use both selective signalling information and physical interactions with the entrepreneurs to build competence and relational trust on which they rely for making an early pledge. It also shows that follow-on investors differ from lead investors in the process of building trust for decision-making. Furthermore, this work uncovers the role of ECF platforms in facilitating the process of building interpersonal trust for the decision making, with challenges to maintain the notion of platforms in raising a small amount of capital from a large crowd. Research limitations/implications This study is constrained by the limited scale of qualitative elements available. The findings of the study have implications for platform managers, investors and policy makers. Originality/value Building on entrepreneurial finance and trust theory, this work demonstrates how lead investors build competence and relational trust on which they rely to make an early pledge in the context of ECF. The perception of a lead investor and the commitment together with the selective and formative information by the entrepreneur/s are key in follow-on investors’ decision making. This study uncovers that crowdfunding enables additional and valuable information to be assessed by crowd investors to manage extreme risk and uncertainty occurred in early-stage investments. This work also demonstrates that virtual world has its limitations to build interpersonal trust for managing extreme risk.


2016 ◽  
Vol 12 (34) ◽  
pp. 68
Author(s):  
Rezart Dibra

Corporate governance is the organizational arrangement by which a company represents and serves the interests of its investors. It encompasses anything from a company’s boards to executive compensation schemes to bankruptcy laws. Generally, the definitions of corporate governance which was found in the literature tend to share certain characteristics. One of this characteristic is the notion of accountability. Corporate governance is the process of supervision and control which intends to ensure that the company’s management acts in accordance with the interests of shareholders (Parkinson, 1994). Corporate governance, the internal policies and leadership that guide the actions of corporations, played a major part in the recent global financial crisis. While much blame has been targeted at compensation arrangements that rewarded extreme risk-taking but did not punish failure, the performance of large, supposedly, sophisticated institutional investors in this crisis have not been examined. Corporate governance has come to the forefront of academic research due to the vital role it plays in the overall health of economic systems. Corporate governance was long ignored as a matter of potential importance for the development of a nation’s economy. This paper, however, expresses some cases in the field of corporate governance, regarding the failure of corporate governance. Institutional investors failed to effectively monitor such volatile investments, ignoring relatively well-established corporate governance principles and best practices. Corporate Governance Failures offers nuanced and realistic proposals to mitigate future financial pitfalls.


2018 ◽  
Vol 12 ◽  
pp. 37-49 ◽  
Author(s):  
Keshav K. Acharya

Local governments are the closest unit of the grassroots communities as they are not only undertaking to institutionalize the governance system and create enabling environment to promote the democratic values and public participation mainly from marginal section in decision making process, but also accelerate the economic development so that they enhance the peoples' capacity and enable them to influence the local governments representatives for responsive governance. However, Nepali society remains frustration and dissatisfaction at the citizen level, and dishonrization and dishonesty in the political and bureaucratic domain as these attributes have created the extreme risk to capacity development of the local governments. Against this perspective, the study aims to address a major research question: to what extent local governments are able to implement the constitutional granted exclusive and concurrent rights to transform the local communities, which is a consequence of governance shift from government to governmentality. Findings indicate that more capacity is required to institutionalize the restructuring process of local governance, increase citizen engagement in local governance system, build new partnerships in changing context, enhance technical, administrative, and fiscal capacity for effective service delivery, and formulate the essential laws, acts, and regulations. Nonetheless, some major arguments such effectiveness of local autonomy, political differences mainly identity based issues, productive role of outsiders, and democratization of bureaucratic assertiveness have been remained to be answered.


2017 ◽  
Vol 28 (1) ◽  
pp. 31-42 ◽  
Author(s):  
Mala Kaul ◽  
Veda C. Storey ◽  
Carson Woo

A particularly difficult, but important, challenge in the design and development of contemporary information systems is dealing with complexity. Although complexity has been richly discussed from various perspectives in the literature, there is limited guidance on how to address complexity in information systems design. This research analyzes different approaches to handling complexity and finds that there exists a plurality of ways in which to address complexity that are dependent upon the given situation. This analysis results in the derivation of a framework for addressing complexity in information systems. The framework explicitly recognizes implications and limitations of decomposition, inner-outer environments, abstractions, and decentralization, and the role of Ontology. Application of the framework is intended to enable information researchers to identify and adapt applicable strategies for managing complexity in any domain.


Author(s):  
Kelsey Conrick ◽  
Adam Davis ◽  
Lauren Rooney ◽  
M. Alex Bellenger ◽  
Frederick P. Rivara ◽  
...  

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