2,564 research outputs found
The Wealth Effects of Real Estate Spin-Offs
This study examines the wealth effects surrounding the separation of real estate operations via spin-off. Parent firms of spin-offs in this sample experienced a significant abnormal two-day return of 3.195% for days - 1 and 0 of the announcement data in the Wall Street Journal. Tracking the performance of the spun off firms and the parent firms that survived for twenty-four months after the spin-off showed that neither the portfolio of subsidiaries nor the portfolio of parent firms earned returns significantly different from the market portfolio.
An updated analysis of NN elastic scattering data to 1.6 GeV
An energy-dependent and set of single-energy partial-wave analyses of
elastic scattering data have been completed. The fit to 1.6~GeV has been
supplemented with a low-energy analysis to 400 MeV. Using the low-energy fit,
we study the sensitivity of our analysis to the choice of coupling
constant. We also comment on the possibility of fitting data alone. These
results are compared with those found in the recent Nijmegen analyses. (Figures
may be obtained from the authors upon request.)Comment: 17 pages of text, VPI-CAPS-7/
Constructing pairs of dual bandlimited frame wavelets in
Given a real, expansive dilation matrix we prove that any bandlimited
function , for which the dilations of its Fourier
transform form a partition of unity, generates a wavelet frame for certain
translation lattices. Moreover, there exists a dual wavelet frame generated by
a finite linear combination of dilations of with explicitly given
coefficients. The result allows a simple construction procedure for pairs of
dual wavelet frames whose generators have compact support in the Fourier domain
and desired time localization. The construction relies on a technical condition
on , and we exhibit a general class of function satisfying this
condition.Comment: 21 pages, 6 figure
Submission of Microarray Data to Public Repositories
The Microarray Gene Expression Data Society believe that the time is right for journals to require that microarray data be deposited in public repositories, as a condition for publicatio
US bases in the Philippines: issues and implications
The United States maintains in the Philippines its most significant military presence - in terms of bases, facilities, forces and capabilities - in the Southeast Asian and Southwest Pacific region. The bases are designed to support US military operations not just in this region but also in Northeast Asia and throughout the Indian Ocean/Persian Gulf region. The Military Bases Agreement (MBA) between the United States and the Philippines expires in September 1991. There is a very real possibility that the Agreement will not be renewed and that the US will have to vacate the bases and dismantle the facilities. This monograph is intended to provide a basis for informed discussion of issues involved in the presence of the US bases and facilities in the Philippines and their possible closure and relocation elsewhere in the region. It includes discussion of the general political relationship between the United States and the Philippines; the current Philippine domestic political issues; the attitudes of the ASEAN countries; the various redeployment options available to the United States in the region; and the strategic and political implications of the bases issue for Australia
An Institutional Theory perspective on sustainable practices across the dairy supply chain
AbstractThe need for sustainable practices in the food supply chain, particularly in the area of energy reduction, is becoming acute. The food industry currently has to contend with multiple competing pressures alongside the new challenges of sustainable production. We applied Institutional Theory to explore the role of supermarkets in the development of legitimate sustainable practices across the dairy supply chains. The paper focuses on dairy supply chain organizations and their consumption of energy. We conducted 70 semi-structured telephone interviews with various stakeholders across the supply chain. Findings revealed that the majority of actors in the supply chain identified supermarkets as the dominant player, and that the supermarkets exert pressure on other smaller organizations across the supply chain. Although some organizations wished to pursue a sustainable agenda through integrating new rules and legitimate practices within their own organization, the dominant logic appeared to be one of cost reduction and profit maximization. There was also evidence that supermarkets and other large organizations attempt to replicate publicly available information on green successes for image purposes. We conclude that the dominant logic of cost reduction is so well established that challenging the dominant logic may prove difficult. The challenge is therefore to complement the dominant logic with sustainable practices across the whole supply chain, a role Government needs to play. This will require a broader more systemic approach to encouraging sustainable practices including investment and financing practices, so that all members of the dairy supply chain can co-operate and contribute to energy reduction
Governing the governors : a case study of college governance in English further education
This paper addresses the nature of governors in the governance of further education colleges in an English context (1). It explores the complex relationship between governors (people/agency), government (policy/structure) and governance (practice), in a college environment. While recent research has focused on the governance of schooling and higher education there has been little attention paid to the role of governors in the lifelong learning sector. The objective of the paper is to contribute to the debate about the purpose of college governance at a time when the Learning and Skills Council (LSC) commissioning era ends, and new government bodies responsible for further education and training, including local authorities, arrive. The paper analyses the nature of FE governance through the perspectives and experiences of governors, as colleges respond to calls from government for greater improvement and accountability in the sector (LSIS, 2009a). What constitutes creative governance is complex and controversial in the wider framework of regulation and public policy reform (Stoker, 1997; Seddon, 2008). As with other tricky concepts such as leadership, professionalism and learning, college governance is best defined in the contexts, cultures and situations in which it is located. College governance does not operate in a vacuum. It involves governors, chairs, principals, professionals, senior managers, clerks, community, business and wider agencies, including external audit and inspection regimes. Governance also acts as a prism through which national education and training reforms are mediated, at local level. While governing bodies are traditionally associated with the business of FE - steering, setting the tone and style, dealing with finance, funding, audit and procedural matters â they are increasingly being challenged to be more creative and responsive to the wider society. Drawing on a recent case study of six colleges, involving governors and key policy stakeholders, this paper explores FE governance in a fast changing policy environment
- âŠ