Memorial University of Newfoundland

About: Memorial University of Newfoundland is a education organization based out in St. John's, Newfoundland and Labrador, Canada. It is known for research contribution in the topics: Population & Context (language use). The organization has 13818 authors who have published 27785 publications receiving 743594 citations. The organization is also known as: Memorial University & Memorial University of Newfoundland and Labrador.

Ownership concentration in privatized firms: The role of disclosure standards, auditor choice, and auditing infrastructure

Abstract: We rely on a unique data set to estimate the impact of disclosure standards and auditor-related characteristics on ownership concentration in 190 privatized firms from 31 countries. Accounting transparency can help alleviate the agency conflict between minority investors and controlling shareholders, which is evident in the extent of ownership concentration, since the expropriation of corporate resources by insiders hinges on these private benefits remaining hidden. After controlling for other country-level and firm-level determinants, we find weak (no) evidence that extensive disclosure standards (auditor choice) reduce ownership concentration. In contrast, we provide strong, robust evidence that ownership concentration is lower in countries with securities laws that specify a lower burden of proof in civil and criminal litigation against auditors, consistent with Ball’s (2001) predictions. Collectively, our research implies that minority investors worldwide value legal institutions that discipline auditors in the event of financial reporting failure over both the presence of a Big Five auditor and better disclosure standards.

Morrey spaces in harmonic analysis

Abstract: Through a geometric capacitary analysis based on space dualities, this paper addresses several fundamental aspects of functional analysis and potential theory for the Morrey spaces in harmonic analysis over the Euclidean spaces.

Biotic and Human Vulnerability to Projected Changes in Ocean Biogeochemistry over the 21st Century

Abstract: Ongoing greenhouse gas emissions can modify climate processes and induce shifts in ocean temperature, pH, oxygen concentration, and productivity, which in turn could alter biological and social systems. Here, we provide a synoptic global assessment of the simultaneous changes in future ocean biogeochemical variables over marine biota and their broader implications for people. We analyzed modern Earth System Models forced by greenhouse gas concentration pathways until 2100 and showed that the entire world's ocean surface will be simultaneously impacted by varying intensities of ocean warming, acidification, oxygen depletion, or shortfalls in productivity. In contrast, only a small fraction of the world's ocean surface, mostly in polar regions, will experience increased oxygenation and productivity, while almost nowhere will there be ocean cooling or pH elevation. We compiled the global distribution of 32 marine habitats and biodiversity hotspots and found that they would all experience simultaneous exposure to changes in multiple biogeochemical variables. This superposition highlights the high risk for synergistic ecosystem responses, the suite of physiological adaptations needed to cope with future climate change, and the potential for reorganization of global biodiversity patterns. If co-occurring biogeochemical changes influence the delivery of ocean goods and services, then they could also have a considerable effect on human welfare. Approximately 470 to 870 million of the poorest people in the world rely heavily on the ocean for food, jobs, and revenues and live in countries that will be most affected by simultaneous changes in ocean biogeochemistry. These results highlight the high risk of degradation of marine ecosystems and associated human hardship expected in a future following current trends in anthropogenic greenhouse gas emissions.

Transformational leadership and employee psychological well-being: A review and directions for future research.

Abstract: This review paper focuses on answering 2 research questions: (a) Does transformational leadership predict employee well-being? (b) If so, how and when does this prediction occur? A systematic computerized search and review of empirical papers published between January 1980 and December 2015 was conducted. Forty papers were found that met the criteria of reporting empirical results, being published in English, and focused on answering the above research questions. Based on these papers it appears that, in general, transformational leadership positively predicts positive measures of well-being, and negatively predicts negative measures of well-being (i.e., ill-being). However, recent findings suggest that this is not always such a simple relationship. In addition, several mediating variables have been established, demonstrating that in many cases there is an indirect effect of transformational leadership on employee well-being. Although some boundary conditions have been examined, more research is needed on moderators. The review demonstrated the importance of moving forward in this area with stronger research designs to determine causality, specifying the outcome variable of interest, investigating the dimensions of transformational leadership separately, and testing more complicated relationships. (PsycINFO Database Record