Going concern modifications and related disclosures in the Italian stock market: do regulatory improvements help investors in capturing financial distress?

Journal of Management and Governance - This paper investigates the investor reaction to audit reports containing a going concern modification (GCM) in the Italian market following new amendments...     

Employment and Earnings Expectations of Jobless Young Skilled: Evidence from Italy

Quality of Life (QoL) is a multi-dimensional idea that includes various distinctive dimensions and its estimation is considered as an essential factor for policy assessment. The study estimates the inter-district variation in QoL in Pakistan by using a data set of Household Integrated Economic Survey of 2010–2011. Objective and subjective indices are constructed to measure QoL with 7 domains and 31 indicators within 89 districts of Pakistan by employing the principal component analysis. The leading result of the study reveals that top ranked district is Jhelum in term of QoL and Tharparkar is at the bottom. The analysis also reveals that the most of the top ranked districts are located in Punjab province. This reflects the better performance of the province in term objective and QoL indices. Whereas, the districts of Balochistan emerge at the lower end in terms of objective and QoL indices. Majority districts of Punjab shows a modest level of satisfaction regarding the facilities provided by the government and the least satisfied districts belong to KPK and Sindh. It is interesting to identify that disparity in the objective index and subjective perceptions are representing QoL differences.

     

The role of grandparenting in early childcare and child outcomes

This paper examines the short and medium term impact of early childcare provision by grandparents and formal care settings on child cognitive outcomes, using data from the Millennium Cohort Study (UK). Compared with children placed in formal childcare, children cared for by their grandparents are better at naming objects, but perform worse on tests of basic concept development and non-verbal reasoning. These results mask strong heterogeneities. On the one hand, the positive association between grandparental care and child outcomes is stronger for children from more advantaged households; on the other, the negative association is only significant for those from more disadvantaged households. The results of OLS estimations used for our analysis are confirmed using panel methods and an instrumental variable approach.     

Exploring the relation between maternal mind‐mindedness and children’s symbolic play: A longitudinal study from 6 to 18 months

Relations between mothers’ mind‐mindedness (appropriate attunement to their infants’ internal states) at 6 and 12 months and infants’ early symbolic play during infant–mother pretense at 12 and 18 months were investigated in a sample of 43 mothers and infants. Mothers’ appropriate mind‐related comments were associated with average level, length, complexity, and maturity level of symbolic play. Specific sub‐categories of appropriate mind‐related comments were identified as independent predictors of children's symbolic play. Appropriate comments about desires and cognitions at 6 months were associated with average level and length of episodes, as well as with maturity level of symbolic play at 12 months. Longitudinal stability in the appropriateness and content of mothers’ mind‐related comments was also investigated. The results are discussed in terms of the proposal that attunement to specific types of internal state should vary as a function of infant age in order to index mind‐mindedness.     

Public relations and community: A persistent covenant

In the 21st Century global public relations professional community, the need for a postmodern reformation is compellingly evident. Most theorizing begins with basic assumptions about the three main social actors for which public relations has been practiced: (1) corporations, (2) nongovernmental and civil society organizations (NGOs and CSOs), and (3) governments. Questions about society itself are rarely examined, but when they do come up, scholars and practitioners tend to assume generally accepted values and mores. Neglected has been a robust criticism of the concepts upon which such paradigms have been built.     

M&A and diversification strategies: what effect on quality of inventive activity?

Journal of Management and Governance - The aim of this paper is to examine how an acquirer’s diversification strategy shapes the multiple dimensions of inventive activity. Differing from...     

Sharing of emotional memories with a listener: differences between adolescents and emerging adults

Research demonstrated a strong influence of personal narratives on emotions linked to memories. However, few studies considered shared narratives and the role of listener’s behavior, especially in adolescence and emerging adulthood. This paper aims to explore the impact of listening attitude on emotions related to memories in adolescents and emerging adults. A total of 157 participants were asked to choose a memory: in the experimental conditions (Attentive Listening, AL vs. Detached Listening, DL), they narrated it to a listener, in the Control Group, they internally reflected about it. Emotions linked to memory at the first time, to narrative/reflection, and to memory after 15 days were measured, as well as the perception of listener’s behavior. Results showed that participants perceived the differences of the listening, although adolescents perceived less listener’s detached stance. Moreover, among adolescents, positive emotions increased after narrative for both experimental conditions, instead, among emerging adults, only AL condition participants increased their positive emotions. Moreover, adults maintained the positive effects of narrative also after 15 days. Authors discussed the role of an empathic context and the adolescent egocentrism in shared narratives about personal memories.     

A Quality Risk Management Model Approach for Cell Therapy Manufacturing

International regulatory authorities view risk management as an essential production need for the development of innovative, somatic cell‐based therapies in regenerative medicine. The available risk management guidelines, however, provide little guidance on specific risk analysis approaches and procedures applicable in clinical cell therapy manufacturing. This raises a number of problems. Cell manufacturing is a poorly automated process, prone to operator‐introduced variations, and affected by heterogeneity of the processed organs/tissues and lot‐dependent variability of reagent (e.g., collagenase) efficiency. In this study, the principal challenges faced in a cell‐based product manufacturing context (i.e., high dependence on human intervention and absence of reference standards for acceptable risk levels) are identified and addressed, and a risk management model approach applicable to manufacturing of cells for clinical use is described for the first time. The use of the heuristic and pseudo‐quantitative failure mode and effect analysis/failure mode and critical effect analysis risk analysis technique associated with direct estimation of severity, occurrence, and detection is, in this specific context, as effective as, but more efficient than, the analytic hierarchy process. Moreover, a severity/occurrence matrix and Pareto analysis can be successfully adopted to identify priority failure modes on which to act to mitigate risks. The application of this approach to clinical cell therapy manufacturing in regenerative medicine is also discussed.