Timberland owners have used a number of approaches for monetizing the barelan component of their timberland without losing the right to grow and harvest timber, including, among others: selling a working-forest conservation easement, selling recreational rights, and selling the surface while retaining cutting rights. In this paper, I will address the latter approach, with an emphasis on the opp...

Mutual fund providers serve two principals with opposing interests: their owners, who want them to maximize profits, and their fund shareholders, who want them to maximize fund returns. I investigate what role is played by customer power and information, as well as by competition among fund providers in influencing the balance of power between these two opposing principals. Using a data set of ...

International differences in practices and attitudes regarding pet cats' interactions with wildlife were assessed by surveying citizens from at least two cities in Australia, New Zealand, the UK, the USA, China and Japan. Predictions tested were: (i) cat owners would agree less than non-cat owners that cats might threaten wildlife, (ii) cat owners value wildlife less than non-cat owners, (iii) ...

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Publicly traded Chinese firms recently reformed their ownership structures by converting non-tradable shares, which constituted two-thirds of shares outstanding and were held largely by the state, into shares that could trade on domestic exchanges. To facilitate this reform, tradable shareholders were compensated with stock grants from non-tradable shareholders. Our analysis focuses on the leve...

The study seeks to examine the effect of equity ownership structure on firm financial performance in South Korea. I focus on the role of two main dimensions of the ownership structure: Ownership concentration (i.e., the distribution of shares owned by majority shareholders) and identity of owners (especially, foreign investors and institutional investors). Using panel data for South Korea in 20...

entrepreneurship has long history in human life and related studies have been conducted primarily in scientific circles by industrialized countries. however, this topic has been discussed recently in our country. the main objective of this study was to assess the behavioral and personality characteristics of entrepreneurship in order to identify entrepreneurs and non-entrepreneurs of dairy catt...

Despite the extraordinarily high ownership concentration widely observed in emerging market firms as a result of institutional voids, there is little research on how this high ownership concentration affects the exporting behavior of emerging market firms. From principal–agent and institutional perspectives, we hypothesize that high ownership concentration has a negative relationship with expor...

sociology is a multi-paradigm science. the main components of the paradigm include epistemic system, theoretical schools, raised patterns, research strategies, research methods and techniques, and facts under investigation. to be able to reach a satisfactory achievement, sociology has to obtain two main components, i.e. to be part of a paradigm and institutional autonomy. iranian sociology of t...

Companion animals are considered as one of the reservoirs of antimicrobial-resistant (AR) bacteria that can be cross-transmitted to humans. However, limited information is available on the possibility of AR bacteria originating from companion animals being transmitted secondarily from owners to non-owners sharing the same space. To address this issue, the present study investigated clonal relat...