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This study aims to investigate the impact of family ownership on firm performance. The authors examine whether family ownership in a firm reduces the adverse consequences of political connections on firm performance. Further, the authors analyze whether monitoring benefits of family ownership vary over family generations.

This study examines the financial data from 229 active nonfinancial firms listed on the Pakistan Stock Exchange between 2011 and 2019. First, the authors estimated several panel data regression models after incorporating control variables in the full sample. Second, the authors estimated models in the subsample of family firms for investigating whether the results vary among different generations of family firms. Further, for checking the robustness of the authors’ statistical results, the authors have used two proxies of family ownership and revalidated the findings in several subsamples of the data.

This study finds that family firms financially outperform nonfamily firms. Further, the results suggest that boards with family members tend to enhance monitoring and governance mechanisms which reduce the harmful effects of political connections. Finally, this study finds that the monitoring benefits of family ownership which reduce the adverse effects of political connections on family firm performance diminishes over generations.

First, this study provides evidence of whether the monitoring benefits of family ownership reduce the adverse effects of political connections on firm performance. Second, to the best of the authors’ knowledge, no prior study provides evidence whether first-generation family firms are superior in monitoring and ultimately reducing the negative effects of political connections.

This study aims to analyze whether family ownership and working capital management (WCM) affect firm profitability and liquidity. Further, we also investigate the moderating effect of family ownership on the association between WCM, firm profitability and liquidity.

This study uses a sample of 150 nonfinancial companies listed on the Pakistan Stock Exchange for the period 2014–2019. For empirical analysis, this study used multiple proxies of family ownership and applied robust and bootstrapped quantile regression models.

The results suggest that family ownership has a negative association with firm profitability and liquidity. Moreover, this study finds a positive association between WCM and firm profitability and liquidity. Furthermore, the results indicate that family ownership negatively moderates the association between WCM and firm profitability. In addition, we argue that family ownership rescinds the impact of WCM as excess liquidity may be used for extracting private benefits and related party transactions.

First, this study has examined the nexus between family ownership, WCM, firm profitability and liquidity in the context of a developing country, i.e. Pakistan. Second, previous studies have not analyzed the moderating role of family ownership in the association between working capital management, firm profitability and liquidity. Third, this study provides unique evidence that family-owned firms have an adverse liquidity position as compared with other firms.

The purpose of this study is to investigate how participating in a multicultural education course impacted bilingual preservice teachers' (BPSTs) conceptions of identity and how they were able to use their experiential knowledge to create a virtual library based on a variety of topics related to multicultural education.

This qualitative case study examines the experiences of three BPST candidates within a multicultural education course during the fall 2020 semester. The authors focused on three preservice teachers’ written reflections, interviews and work samples based on a virtual library project.

The authors describe the critical role BPST preparation programs have in developing coursework that provides opportunities for building a positive self-identity that values life experiences. Such opportunities foster BPSTs’ ability to create lessons that are reflective of identity and diversity inclusive of culture, language, immigration and LGBTQ+.

For some time now, researchers have examined how teacher education programs should include opportunities to interrogate preservice teachers' own experiences in K-12. However, few researchers have directly documented how to connect these experiences to preservice teacher coursework and create classroom resources based on these critical reflections.

The purpose of this paper is to improve future teacher training by assessment of university graduates’ satisfaction with their preparation in Basic Education teaching.

This descriptive study employed a self-administered survey questionnaire to a representative sample of 235 graduates between 2014 and 2016 from three universities in Chile. The questionnaire generated information about the graduates’ background (age, gender, parents’ education and prestige of secondary school attended); an evaluation of three dimensions of their degree program (instructional quality, infrastructure and employability), and experiences in the labor market (including salary). Analysis of variance was used to assess relationships between satisfaction, and other variables.

In general, graduates were satisfied with all aspects of their training. Satisfaction levels were higher from those assumed to have lower expectations. Contrary to this hypothesis, university prestige is not directly related to satisfaction. Instead, expectations and employability moderate the effect of prestige.

The sample is not representative of the 59 universities in Chile nor of the many other degree programs offered in those universities.

Program directors concerned about improving the public reputation or prestige of their program will benefit from efforts to improve the quality of the program and its infrastructure, and relevance for entrance into the world of work.

This study provides information not previously available about graduate satisfaction in teaching degree programs in Chile.

This study traces the boundaries of online-based social networks and its possible extensions and intersections with offline social networks. It focuses on the massive multiplayer online (MMO) gaming community. Most online gaming research has only addressed one side of the equation, that is, the online aspect of social interaction, omitting the offline context. The primary objective is to look at both offline and online social contexts of gamers. The data analyzed here are part of a bigger research project. Using a sample of 242 respondents and a total of 1,452 social ties (three online and three offline) this work addresses the differences and similarities between online gamer’s offline and online networks. Around 72% of the participants were between the ages of 18 and 37. This group provides insight into the management of social interactions and ties in the digital age among millennials and the coming-of-age of Generation Z. The analysis suggests that overall offline ties are slightly more important than online. Still, this does not imply that online ties are not meaningful at all. The length of their online relationships plays a significant role in how participants qualify their ties. Most participants that had not met face-to-face were willing to meet their online ties. They also reported sharing personal and everyday life matters with their online social network at a lower rate of their offline network. Time spent with online relationships stemming from online gaming and a cooperative environment is more likely to be considered higher quality time. This suggests that in MMOs the gap between online and offline relationships is becoming narrower.

This paper describes the development of a unique prison participatory research project, in which incarcerated women formed a research team, the research activities and the lessons learned. The participatory action research project was conducted in the main short sentence minimum/medium security women’s prison located in a Western Canadian province. An ethnographic multi‐method approach was used for data collection and analysis. Quantitative data was collected by surveys and analysed using descriptive statistics. Qualitative data was collected from orientation package entries, audio recordings, and written archives of research team discussions, forums and debriefings, and presentations. These data and ethnographic observations were transcribed and analysed using iterative and interpretative qualitative methods and NVivo 7 software. Up to 15 women worked each day as prison research team members; a total of 190 women participated at some time in the project between November 2005 and August 2007. Incarcerated women peer researchers developed the research processes including opportunities for them to develop leadership and technical skills. Through these processes, including data collection and analysis, nine health goals emerged. Lessons learned from the research processes were confirmed by the common themes that emerged from thematic analysis of the research activity data. Incarceration provides a unique opportunity for engagement of women as expert partners alongside academic researchers and primary care workers in participatory research processes to improve their health.

The objective of the present study was to assess which teachers hired to teach secondary school dropouts are most likely to adapt their practices to match their students' characteristics. Chile recently initiated a system “second chance” schools for dropouts. Most of the teaching staff were recruited from the secondary schools from which the students had withdrawn. There was little variation in instructional practices or schedules. The second chance schools provide intensive instruction, small classes and flexibility in schedules and sequence of courses. The study sought to identify the teachers most likely to adapt old practices or learn new ones in order to provide students a different educational experience than that offered in conventional secondary schools.

The sampling design for this study was developed by the Statistics Department of the Ministry of Education. Taking enrollment into account, they randomly selected second chance schools from 13 of Chile's 16 regions. Then, they randomly selected 617 teachers from 38 of the selected schools. The teachers were invited to respond to a self-administered survey questionnaire that covered beliefs about and attitudes toward dropouts, and frequency of use of different teaching methods. The analytical procedures used include nonparametric correlations and logit regression.

Teaching methods in the second chance schools are influenced mostly by type of in-service training and not by student characteristics. Most teachers expect most students to graduate; teachers with more years of teaching are the least optimistic.

Relatively little research on second chance schools has been published in Latin America. The Second Opportunity Schools are the first effort in Chile to provide public secondary school to dropouts. The study provides detailed information about background and training linked to current teachers' instructional practices. The findings suggest actions that can be taken to improve the new schools.

The purpose of this paper is to determine which of the two variables would be a more reliable proxy for quality of university training: graduates’ satisfaction with their degree program, or institutional prestige.

Graduates of professional psychology and teaching programs from three Chilean universities responded to a questionnaire asking their perception of different aspects of their degree program and experiences in their first employment. The three universities differ significantly in the proportion of applicants admitted, and in their prestige.

Salary levels are highly related to profession, but unrelated to graduates’ ratings of quality of curriculum or teaching methods. Overall satisfaction with the university experience is not linked to job satisfaction. Job satisfaction, on the other hand, is highly influenced by salary and secondarily by instructional practices and perceived work relevance of the degree program.

This study is based on data from 3 of Chile’s 60 universities, and graduates of two programs. Most employment in the two professions is regulated by labor agreements. Generalizability of results is limited. Graduates may not have been employed enough to demonstrate their capacities.

The findings offer more evidence that prestige ratings are an unreliable indicator of the quality of formation offered by universities. If the government seeks to reduce income inequality, public subsidies of higher education should be based on program quality rather than on institutional prestige.

The findings are directly relevant to the current debate in Chile about what might and what might not help to reduce severe economic inequality.

By means of the massive environmental and financial reimbursements, wind turbine (WT) has turned out to be a satisfactory substitute for the production of electricity by nuclear or fossil power plants. Numerous research studies are nowadays concerning the scheme to develop the performance of the WT into a doubly fed induction generator-low voltage ride-through (DFIG-LVRT) system, with utmost gain and flexibility. To overcome the nonlinear characteristics of WT, a photovoltaic (PV) array is included along with the WT to enhance the system’s performance.

This paper intends to simulate the control system (CS) for the DFIG-LVRT system with PV array operated by the MPPT algorithm and the WT that plays a major role in the simulation of controllers to rectify the error signals. This paper implements a novel method called self-adaptive whale with fuzzified error (SWFE) design to simulate the optimized CS. In addition, it distinguishes the SWFE-based LVRT system with standard LVRT system and the system with minimum and maximum constant gain.

Through the performance analysis, the value of gain with respect to the number of iterations, it was noted that at 20th iteration, the implemented method was 45.23% better than genetic algorithm (GA), 50% better than particle swarm optimization (PSO), 2.3% better than ant bee colony (ABC) and 28.5% better than gray wolf optimization (GWO) techniques. The investigational analysis has authenticated that the implemented SWFE-dependent CS was effectual for DFIG-LVRT, when distinguished with the aforementioned techniques.

This paper presents a technique for simulating the CS for DFIG-LVRT system using the SWFE algorithm. This is the first work that utilizes SWFE-based optimization for simulating the CS for the DFIG-LVRT system with PV array and WT.

Brand pages are a very popular tool for companies to communicate with consumers in SNSs. Although brand pages could be considered virtual brand communities, they differ in several aspects. Thus, this chapter reviews the literature on brand pages attending to the main differences with other virtual communities, the motivations to join brand pages and its consequences for consumers and brands.

The studies reviewed have allowed us to identify the main characteristics of brand pages as a communication tool, as well as the definition of an important research agenda for this topic.

We have identified the main unique aspects that characterize brand pages as a virtual brand community. The motivations to become members of brand pages are analyzed as well as the positive consequences of these pages on the marketing variables. We also identified the research needs on brand pages.

This chapter can be useful to both, marketers, by showing them how brand pages work and what motivate consumers to join it; and researchers, by showing them the main gaps on brand pages that should be addressed in future studies.

This chapter highlights the role of brand pages as a communication tool. It constitutes an attempt to review the literature and organize knowledge on brand pages. The characteristics of brand pages and virtual brand communities, the motivations to participate, the consequences for the brand and an important research agenda are developed.