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    Letter from the Editor

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    El Atlas de las Carreteras Propuestas en la Zona Transfronteriza Ucayali, Perú-Acre, Brasil

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    El Atlas de las Carreteras Propuestas en la Zona Transfronteriza Ucayali, Perú-Acre, Brasil incluye una serie de 15 mapas de dos carreteras propuestas: 1) Pucallpa, Perú-Cruzeiro do Sul, Brasil; 2) Nuevo Italia-Puerto Breu, Perú. El objetivo del atlas es presentar los mapas, posters, e información geográfica para dar una perspectiva geográfica de las propuestas de carreteras y entender mejor los posibles impactos socio-ambientales en estas áreas fronterizas con altos índices en diversidad ambiental y cultural. Los mapas y posters son de acceso público

    Emerald Ash Borer and the application of biological control in Virginia

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    The emerald ash borer (Agrilus planipennis; EAB) is an invasive wood-boring beetle whose larvae feed on ash phloem. After only 1-5 years of infestation, the larvae create extensive tunnels under the bark that disrupt the tree’s ability to transport water and nutrients, which eventually girdles and kills the tree. Since 2008, EAB has spread to all but the eastern-most counties in Virginia. Bological control is one strategy to limit EAB populations. In this project we study control by native agents (woodpeckers) and imported agents (parasitoid wasps). Mathematical models of host-parasitoid interactions and simulations based on both models and field studies will be presented. Our novel contribution extends the basic Nicholson-Bailey model to a partial refuge system, realized in Virginia where EAB infests both ash and white fringetrees with fringetrees less attractive to the parasitoids. We determine ranges for model parameters that result in stable equilibrium populations

    Osmosis - Spring 2020

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    Osmosis is a student read, led, and written publication from the University of Richmond, focusing on all aspects of healthcare and science

    Prefatory Matter

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    One Size Fits All: The Origins of Mixed Governance in Namibia

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    While much has been written about the resurgence of traditional authorities in sub-Saharan Africa, we know less about what explains differences in the institutional and regulatory frameworks that link traditional leaders to formal governments. Even though they have rarely been applied to resurging traditional leaders, existing theories of institutional choice are likely to yield important insights when applied to different models of mixed governance. In this article, the author closely examines the origins of the institutional framework that presently governs the relations between the central government and traditional authorities in Namibia. The author finds that both exogenous motivations such as the ideology of policymakers and endogenous determinants such as the potential for electoral mobilization matter for understanding the forms that mixed governance takes

    Mine.

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    A poem in the 25th issue of Your Impossible Voice written by Professor Brian Henley

    Evidence of an Inverted U–Shaped Relationship between Stakeholder Management Performance Variation and Firm Performance

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    Empirical research is largely supportive of the assertion of instrumental stakeholder theory that a positive relationship exists between “managing for stakeholders” and firm performance. However, despite considerable debate on the subject, the amount of variation across firm investments in stakeholders (stakeholder management performance) has not been adequately investigated. We address this gap using a sample of more than eighteen thousand firm-level observations over ten years. We find evidence to support an inverted U–shaped relationship between variation in stakeholder management performance and Tobin’s q, suggesting that firms that have some imbalance in their stakeholder management, but not too much, perform best. We discuss the implications of our study for instrumental stakeholder theory and managerial practice

    The Data Analytics Journey: Interactions Among Auditors, Managers, Regulation, and Technology

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    Data analytics is transforming our global markets and significantly impacting the financial reporting environment. We investigate how auditors, company managers, and regulation interact with data analytics and one another to affect the diffusion (i.e., development and spread) of data analytics throughout the financial reporting environment. We interview company managers and their audit partners, as well as additional stakeholders, including regulators. We interpret findings from our interviews using theory that highlights the importance of dynamic interactions between people and their environments, which include the prevailing rules (e.g., regulatory guidance). Our findings contribute to the accounting literature and practice by revealing three areas of conflict emerging from stakeholders\u27 disparate preferences for data analytics. First, we uncover growing tensions between managers and audit partners regarding audit fees. Second, we find that managers and auditors believe the lack of accounting regulation specific to data analytics causes confusion and frustration. Finally, auditors report that they strategically leverage data analytics to provide clients with business-related insights. However, regulators voice concerns that this practice might impair auditor independence and reduce audit quality. These areas of conflict suggest a need to revisit key tensions surrounding the audit function in a contemporary context characterized with significant technological shift

    Air Pollution and Media Slant: Evidence from Chinese Corporate News.

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    This paper examines the impact of air pollution on the media slant of publicly listed firms in China. Using a large panel of air quality and media data at the city level, we find that lower air quality generally leads to a more negative media slant. When the air quality falls from lightly polluted to heavily polluted, the number of negative sentences in a news article increases by about 1%. Our subsample analysis shows that the effect of air pollution on media slant is similar for news articles covering large and small firms, SOE and non-SOE firms and for official and non-official newspaper articles. Furthermore, the effect of air pollution on media slant is stronger for firms in heavy polluting industries. These results suggest that air pollution affects media slant

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