Inaccuracies, false information, and fraudulent work in scientific publications could cause indirect harm, lead to significant negative socioeconomic impacts, and erode public trust in science. ...Journals - and publishers - play an essential role as gate-keepers in ensuring the veracity of published scientific literature. However, beyond corporate pride and integrity, there is usually no legal obligation or formal regulatory requirement for journals to ensure the veracity of the work they publish or be efficient and transparent in any investigative proceedings. Here, I propose a numerical indicator of the performance of a journal in terms of its efforts at establishing the veracity of the work it publishes and due diligence, an index computed from the following values: a) frequency of alleged irregularities or misconduct, b) frequency of retractions, c) efficiency of the journal's response to concerns or allegations, and d) transparency and thoroughness with which the journal investigates those concerns and announces its findings and actions.
As recently stakeholders complain about the use of conflict minerals in consumer products that are often invisible to them in final products, firms across industries implement conflict mineral ...management practices. Conflict minerals are those, whose systemic exploitation and trade contribute to human right violations in the country of extraction and surrounding areas. Particularly, supply chain managers in the Western world are challenged taking reasonable steps to identify and prevent risks associated with these resources due to the globally dispersed nature of supply chains and the opacity of the origin of commodities. Supply chain due diligence (SCDD) represents a holistic concept to proactively manage supply chains reducing the likelihood of the use of conflict minerals effectively. Based on an exploratory study with 27 semi-structured interviews within five European industries, we provide insights into patterns of implementation, key motivational factors, barriers and enablers, and impacts of SCDD in mineral supply chains. Our results contribute to both theory and practice as we provide first insights to SCDD practices and make recommendations for an industry-wide implementation of SCDD. Altogether, this study provides the basis for future theory testing research in the context of SCDD and conflict mineral management.
This research aims to produce independent learning materials in the form of an electronic module using a cooperative model the Assisted Individualization Team (TAI) type equipped with HOTS questions ...in a dynamic fluid material. The method used in this study is the development research with developmental stages of ADDIE (Analyze, Design, Development, Implementation, and Evaluation). The cooperative model type Assisted Individualization Team (TAI) has five learning stages: team formation, initial test, group learning, final test, and scoring. This electronic module is equipped with HOTS questions, where HOTS is a high-level thinking skill that includes three indicators, including analyzing skills (C4), evaluating (C5), and creating (C6). The results of the validation of the due diligence of the electronic module by media experts gained a score of 82.60%, the validation in the material aspect by the material experts gained score of 79.92%, the learning experts obtained 87.92%, and the calculation of n-gain test was 0.48 which means moderate category. These scores mean that the electronic physics module using cooperative model Team Assisted Individualization (TAI) type is equipped with HOTS questions in dynamic fluid materials as independent teaching material.
PurposeBy January 1, 2023, the German supply chain due diligence act (SCDDA) has become effective. This represents a strong governmental intervention into global operations and supply chain ...management (SCM). Hence, its frame conditions and implications are worth being studied.Design/methodology/approachExpert interviews with managers reveal factors of risks and opportunities as well as performance impacts and implementation issues.FindingsA conceptual framework and research avenues are outlined.Research limitations/implicationsPathways for SCM research and interdisciplinary studies are suggested.Practical implicationsPractitioners may gain a deeper understanding of relevant factors for managing supply chains (SCs) that are exposed to the new act.Social implicationsUnderstanding implications of the act may help improve social SC sustainability.Originality/valueThis study offers an initial empirical exploration and a first conceptualization of the expected consequences of the German SCDDA.
Purpose
This paper aims to explain how companies can benefit from their human rights due diligence process to identify opportunities for sustainable development goals (SDGs) activities in an ...operationalisation of political corporate social responsibility (PCSR).
Design/methodology/approach
Combining PCSR, SDGs and business and human rights (BHR) literature, the paper develops an extension of the risk-based due diligence process described by the BHR literature, helping companies identify societal needs to which they may contribute in accordance with PCSR through engaging in the SDGs.
Findings
Companies can benefit from resources they already invest in due diligence to identify their adverse human rights impacts, by drawing on the insights gained on broader needs, including human rights, to which they may contribute. This can help them develop appropriate interventions to address local needs and advance their moral legitimacy through assisting in SDG-relevant fulfilment of human rights.
Research limitations/implications
The paper provides theory-based guidance on how companies can assess their capacity for contributing societal value through human rights-oriented SDG interventions. Future empirical research may explore how companies apply the extended due diligence process to assess needs and determine relevant actions.
Practical implications
The paper offers a principle-based analytical approach for integrating the “do no harm” imperative of BHR theory with PCSR’s call for business assistance in the delivery of public goods and the SDGs’ call for business action to “do good’.
Social implications
This paper enables enhanced business implementation of the SDGs in line with PCSR and human rights theory, especially the emergent field of business and human rights.
Originality/value
This study gives theory-based guidance for companies for SDG contributions based on innovative combination of literatures.
While technical due diligence in Australia resembles the process elsewhere in the world, consultants must be aware of tight time frames – as the first of two pieces in our ongoing series explains
This article considers the practices of companies worldwide in attempting to implement human rights due diligence (HRDD) as envisaged by the Guiding Principles on Business and Human Rights. Based on ...empirical research conducted through surveys and interviews, it analyses corporate practices in this area. It examines the responses of companies with reference to the core elements of implementing HRDD: identifying actual or potential human rights impacts; taking action to address these impacts; and tracking or monitoring the effectiveness of actions. In addition, the article places these practices in the context of the legal developments in the field of HRDD. The research shows the difference that dedicated HRDD – in comparison with non-human rights specific processes – can make in terms of identifying adverse human rights impacts of both the company as well as of those which are part of its business relationships.
Due Diligence DALEY, BRENDAN; GEELEN, THOMAS; GREEN, BRETT
The Journal of finance (New York),
June 2024, Letnik:
79, Številka:
3
Journal Article
Recenzirano
Odprti dostop
ABSTRACT
We propose a model of due diligence and analyze its effect on prices, payoffs, and deal completion. In our model, if the seller accepts an offer, the winning bidder (or “acquirer”) can ...gather information and chooses when to complete the transaction. In equilibrium, the acquirer engages in “too much” due diligence. Our quantitative results suggest that the magnitude of the distortion is economically significant. Nevertheless, allowing for due diligence can improve both total surplus and the seller's payoff compared to a setting without due diligence. We use our framework to explore the timing of due diligence, bidder heterogeneity, and breakup fees.
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