Stakeholders' Impact on Turnaround Performance: The Case of German Savings Banks

This study explores how savings banks as powerful stakeholders of SMEs in Germany assess turn-around performance. It tests the impact of the support provided by German savings banks and distressed SMEs’ actions with survey data from corporate advisors. The results show that structural and continuing support foster turnaround performance. This support is conducive in the initial stage of turnaround but negligible in the recovery stage. Contributing to stakeholder theory and turnaround management, the findings shed light on the factors that motivate a selected stakeholder’s involvement and SMEs’ ability to engage in actions fostering this stakeholder’s support for a turnaround

True Essence: The Value and Importance of Good Literature

Graduate Textual or Investigativ

Person to Person in Japan

While still in the midst of their study abroad experiences, students at Linfield College write reflective essays. Their essays address issues of cultural similarity and difference, compare lifestyles, mores, norms, and habits between their host countries and home, and examine changes in perceptions about their host countries and the United States. In this essay, Jackson Decker describes his observations during his study abroad program at Kanto Gakuin University in Yokohama, Japan

Another look at the H2O problem

A

Miniaturized haploscope for testing binocular vision

Device can reproduce virtually all binocular stimulus conditions (target configuration, vergence angle, and accommodative distance) used to test binocular performance. All subsystems of electronic controls are open-loop and solid-state-controlled and, with the exception of vergence angle drive, utilize dc stepping motors as prime movers. Arrangement is also made for readouts of each variable

Radiative Corrections to the decay tau -> pi (K) nu_tau

We have calculated the O(alpha) radiative corrections to the tau decay tau -> pi (K) nu, taking into account both the point meson contribution and the structure dependent radiation. We find for the ratio Gamma(tau -> pi nu (gamma)) / Gamma(pi -> mu nu (gamma)) a radiative correction of + 1.2% and for Gamma(tau -> K nu (gamma)) / Gamma(K -> mu nu (gamma)) one of + 2.0%. We compare our results with an earlier estimation and with experimental data.Comment: 6 pages, Latex, Karlsruhe Univ. Preprint TTP 93-2