30,465 research outputs found

    The road to shareowner power

    Get PDF
    A dramatic rise in shareowner power and improvements in corporate governance tan be achieved in the next few years by expanding the role of proxy advisory firms. This will require changing the way such firms are paid. They are now paid directly by investors who buy their advice; but this arrangement suffers from a free-rider problem. Instead, they should be paid by each corporation about which they are advising, in accordance with shareholder vote so as to preclude management influence. This arrangement would make it economically feasible for advisory firms to expand their services, becoming proactive like relational investors. Any proxy advisor other than the market leader Stands to gain tremendously by initiating this new System. lt would eliminate the natura1 monopoly feature of the current System, and spread the tost more equitably across all shareowners. lt would also enable proxy advisory ftrms to market their Services to individual investors via the internet

    The Politics of Basing Point Legislation

    Get PDF

    The unicity of types for depth-zero supercuspidal representations

    Get PDF
    We establish the unicity of types for depth-zero supercuspidal representations of an arbitrary pp-adic group GG, showing that each depth-zero supercuspidal representation of GG contains a unique conjugacy class of typical representations of maximal compact subgroups of GG. As a corollary, we obtain an inertial Langlands correspondence for these representations, via the Langlands correspondence of DeBacker and Reeder.Comment: 23 pages. Updated with minor revisions; to appear in Representation Theor

    Charmless three-body decays of b-hadrons

    Full text link
    A review of recent results from LHCb and the B-factories on the charmless decays of b-hadrons into three-body final states is presented.Comment: 14 pages, 13 figures. Presentation at the DPF 2013 Meeting of the American Physical Society Division of Particles and Fields, Santa Cruz, California, August 13-17, 201

    Non-Associative Geometry and the Spectral Action Principle

    Full text link
    Chamseddine and Connes have argued that the action for Einstein gravity, coupled to the SU(3)\times SU(2)\times U(1) standard model of particle physics, may be elegantly recast as the "spectral action" on a certain "non-commutative geometry." In this paper, we show how this formalism may be extended to "non-associative geometries," and explain the motivations for doing so. As a guiding illustration, we present the simplest non-associative geometry (based on the octonions) and evaluate its spectral action: it describes Einstein gravity coupled to a G_2 gauge theory, with 8 Dirac fermions (which transform as a singlet and a septuplet under G_2). This is just the simplest example: in a forthcoming paper we show how to construct more realistic models that include Higgs fields, spontaneous symmetry breaking and fermion masses.Comment: 24 pages, no figures, matches JHEP versio
    • …
    corecore