IPO effects: corporate restructuring when a firm goes public

The public affairs of a firm issuing an initial public offering (IPO) are a critical part of the corporate restructuring efforts which firms face during the process of going public. In this paper, Bowman and Singh's (1993) definition is used to illustrate how issuing an IPO is a significant form of corporate restructuring. Public affairs are critical during both the pre‐IPO phase and during the period leading up to the IPO, as the firm must negotiate a heavily institutionalised process to successfully complete the issue. Here, the six‐year life of ‘Deja News’ is used as a way to illustrate and explain the public affairs during the process of preparing for and issuing an IPO. Copyright © 2004 Henry Stewart Publications     

Loneliness and associated violent antisocial behavior: analysis of the case reports of Jeffrey Dahmer and Dennis Nilsen

It can be theorized that loneliness plays a significant role in the development and continuation of violent, antisocial attitudes and behavior. Analysis of case reports of two serial killers, Dennis Nilsen and Jeffrey Dahmer, indicate that there is evidence for such a link. In this article, a list of significant correlates of loneliness and antisocial behavior is presented. This may be useful for the assessment of possible dangerousness and in the development of prevention and intervention programs. Suggestions are made for the adequate treatment of loneliness and correlated violent, antisocial behavior. A need is recognized for more research into the psychosocial, emotional, neurobiological, cultural, and ethnic determinants of loneliness and their correlation to specific antisocial and/or criminal behavior.     

Civic education: do liberals do it better?

Recent research has found that civic education improves the democratic capacity of students and that teachers who employ an ‘open classroom’ approach seem to perform better at accomplishing this goal. We build on behavioural literature suggesting that variation in personality traits across ideology may account for why liberal middle school teachers would be more likely to foster an open classroom climate and as a result do a better job than their conservative counterparts at stimulating in their students’ political knowledge, an important component of democratic capacity. We estimate a series of quasi-experimental multilevel models using data from a survey of American students and teachers. The results indicate that liberal teachers tend to use an open classroom approach more frequently and that the students with the highest levels of political knowledge are in classes taught by liberal teachers. This effect holds up when controlling for individual-level predictors of student knowledge.     

When Do Numbers Count? The Differential Impact of the PISA Rating and Ranking on Education Policy in Germany and the US

Why do international comparisons have an impact on some countries while other countries do not respond? This article examines the power of international ratings and rankings (R&R) using the OECD's PISA study and its differential impact on education policymaking as a case study. It argues that international R&R have an impact when two conditions are simultaneously fulfilled: the evaluated topic is framed as crucial in the national discourse, and a substantial gap between national self-perception and the empirical results can be observed. After assessing the media impact of PISA on 21 OECD countries, the theoretical argument is illustrated by an evaluation of the differing reactions of two similarly poorly performing countries: Germany and the US. While the German system of secondary education was strongly affected by the international comparison, beginning with the first PISA study in 2000, and underwent comprehensive changes, the US first responded noticeably in the public and the political discourse only in 2010 to its below-average ranking.     

Runaway Bureaucracy? Exploring the Role of Nordic Regulatory Agencies in the European Union

This article reports a comparative study of the Environmental Regulatory Agencies in Norway, Denmark and Finland. Increasingly and relatively independently these agencies are taking part in transnational networks in the European Union involving the European Commission. An informal penetration, fuelled by faster electronic technology, is taking place between the European Commission and the regulatory agencies, largely outside the control of the domestic politico-administrative leadership. Changes in the character of the states' public administrations serve as an important background for these developments, a distinctive feature being the 'agencification' of the administrative apparatus during the last decades. Due to their relative autonomy, the national regulatory agencies are well placed to work 'double-hatted' in the sense that they interact directly with the European Commission at the same time as they perform traditional tasks as agents of national ministries. This development may challenge the image of integrated administrative apparatus and the notion of transparent and democratic governance.     

Review: The physiology of saliva and transfer of drugs into saliva

Although saliva or oral fluid “lacks the drama of blood, the sincerity of sweat and the emotional appeal of tears”, quoting Mandel in 1990 [I.D. Mandel, The diagnostic uses of saliva, J. Oral Pathol. Med. 19 (1990) 119–125], it is now meeting the demand for inexpensive, non-invasive and easy-to-use diagnostic aids for oral and systemic diseases, drug monitoring and detection of illicit use of drugs of abuse, including alcohol. As the salivary secretion is a reflex response controlled by both parasympathetic and sympathetic secretomotor nerves, it can be influenced by several stimuli. Moreover, patients taking medication which influences either the central nervous system or the peripheral nervous system, or medication which mimic the latter as a side effect, will have an altered salivary composition and salivary volume. Patients suffering from certain systemic diseases may present the same salivary alterations. The circadian rhythm determines both the volume of saliva that will and can be secreted and the salivary electrolyte concentrations. Dietary influences and the patient's age also have an impact on composition and volume of saliva. The latter implies a wide variation in composition both inter- and intra-individually. Sampling must therefore be performed under standardized conditions. The greatest advantage, when compared to blood sample collection, is that saliva is readily accessible and collectible. Consequently, it can be used in clinically difficult situations, such as in children, handicapped and anxious patients, where blood sampling could be a difficult act to perform.     

The reliability of eyewitness identification

This study examines the effects of 14 estimator variables (e.g., disguise of robber, exposure time, weapon visibility) and system variables (e.g., lineup instructions, exposure to mugshots) on a number of measures of eyewitness performance: identification accuracy, choosing rates, confidence in lineup choice, relation between confidence and identification accuracy, memory for peripheral details, memory for physical characteristics of target, and time estimates. Subjects viewed a videotaped reenactment of an armed robbery and later attempted an identification. Characteristics of the videotape and lineup task were manipulated. Prominent findings were as follows: identification accuracy was affected by both estimator and system variables including disguise of robber, weapon visibility, elaboration instructions, and lineup instructions. Memory for peripheral details was positively correlated with choosing on the identification task but negatively correlated with identification accuracy.     

Criminality and moral dysfunctions: neurological,biochemical, and genetic dimensions

In this article, the author attempts to demonstrate a relationship between neurobiological dysfunctions and/or genetically determined deviant behavior and personality traits as well as moral abnormalities. Data from neuroscience show that a number of neurological dysfunctions are linked to cognitive and emotional disturbances. Cognitive and emotional abnormalities, in turn, are frequently related to moral dysfunctions. Moreover, neurological disorders can produce dramatic psychological and social problems, personality changes, and behavioral problems in patients. Those mental, emotional, and psychosocial problems and related moral dysfunctions are frequently linked to violence and/or criminal behavior. Genetic research found evidence of inheritability of antisocial traits, which interfere with moral development and activities. This information has consequences for any assessment and disposition within the legal system. More research on the interrelationship between neuro(bio)logical, genetic, emotional, and mental aspects of moral dysfunctions is needed for the development of adequate treatment, prevention, and intervention programs.