436 research outputs found
The determinants of the accounting classification of convertible debt when managers have freedom of choice
This study examines the accounting classification of convertible debt in an environment where there is the choice of debt, other capital funds or equity.
Contracting theory suggests possible determinants of accounting choice. These are leverage, as a proxy for closeness to debt covenants, the relative size of the convertible financial instrument issued and the contractual terms of the instrument. Two measures of leverage are used. One is debt to earnings before interest, tax, depreciation and amortisation (EBITDA). This variable has been included as it is the most commonly used ratio in debt covenants. The second measure is debt to net tangible assets as this ratio, or similar ratios, have been used in previous accounting studies to proxy for closeness to debt covenants. As leverage ratios tend to vary between industries I identify whether each firm is above or below their industry average. I find that the best predictor of the accounting classification choice is the contractual terms of the instrument. The two debt covenants derived hypotheses are not supported. The leverage of the issuer and the relative size of the issue have no significant influence on the choice of classification
Home Management Mothers...
We find that our home management houses are a matter of interest to visitors because of their differences from usual laboratory courses. Besides the abilities and training of the students we learn much of the traits and characteristics which influence their work and life as they live in family groups there
How Shall We Keep Our Food Cold?
The time is with us now when there is more interest than there has been in the past few months in how to keep food cold, both for the sake of economy and for palatability. The question is, What is the best method of keeping food cold? Refrigerators are being used more and more for this purpose for at least two reasons: they save the many, many steps which must be taken if the food is kept in a cool cellar or well, and they can be much more easily regulated as to temperature and dryness. We have learned to appreciate cool drinks and crisp vegetables on hot days so that the lack of ice as a means of making foods palatable would be a real hardship for many people, but the greatest value of a means of refrigeration comes in the enormous amount of food that can be saved by its use and the transportation of foods to far parts of the country
Uncovering Assumptions in Information Security
The design and implementation of security is based upon many assumptions. This paper discusses the need for students to learn to question assumptions, and in so doing identify unrealistic or incorrect assumptions and any associated policies. More realisticassumptions can then made and/or procedures implemented to protect against violation ofthe assumptions. A number of examples in the context of teaching computer security arediscussed and some methods of teaching awareness of assumptions presented
Leadership in Policy Issue Networks: The New Community College of Baltimore
The policy-making process is a complex human endeavor characterized by interactions among leaders and followers who do leadership by placing policy innovations on the political agenda and utilizing their resources to attempt change. If innovative change is accomplished, then the new policy must be implemented at the local level, in ways which may or may not reflect the intentions of those who desired the change, or those who created the new policy. This research focuses on an example of policy making in state government in the area of postsecondary education. The objectives of the study were to determine how coalitions form during the policy-making process, the ways in which leaders and followers enter and leave those coalitions, and the degree to which a systems model explains the process in this case. The study was also intended to examine the role of values in the policy-making process. The researcher utilized qualitative methodologies to explore the chronology of events in the takeover by the state of Maryland of the Community College of Baltimore, a small, urban college which attempted to serve the educational needs of underprepared students, primarily from the African-American community. The study includes information on the ways in which the policy was implemented at the college. The findings of the study indicate that coalitions form and are maintained on the basis of core values, and that two systems models together are more helpful in explaining the policy-making process than either of them is alone. The researcher concluded that policy issue networks on the state level are made up of coalitions of leaders and followers who intend real changes that reflect their mutual purposes. These coalitions may remain in place after the policy-making process has been completed, and may play a significant role in the successful implementation of innovative policies
Quantifying the digital traces of Hurricane Sandy on Flickr
Society’s increasing interactions with technology are creating extensive “digital traces” of our collective human behavior. These new data sources are fuelling the rapid development of the new field of computational social science. To investigate user attention to the Hurricane Sandy disaster in 2012, we analyze data from Flickr, a popular website for sharing personal photographs. In this case study, we find that the number of photos taken and subsequently uploaded to Flickr with titles, descriptions or tags related to Hurricane Sandy bears a striking correlation to the atmospheric pressure in the US state New Jersey during this period. Appropriate leverage of such information could be useful to policy makers and others charged with emergency crisis management
Scientists and Homemakers Look at the Electronic Range
Home scientists used thermocouples and calibrators. Homemakers tried food. Together these two groups find the electronic oven has some distinct advantages and a few unsolved problems
Faculty Competency by Design: A Model for Institutional Transformation
For a decade, Valencia Community College has striven for a faculty development program with direct impact on student learning. The college succeeded by designing faculty learning with the same logic we apply to student learning. Valencia’s program for new tenure-track faculty focuses on significant faculty learning outcomes, a learning-centered pedagogy, high standards of scholarship, and continuous program assessment. The college’s Teaching/Learning Academy and a coordinated tenure process have cultivated new learning leaders and created a fresh partnership among deans and faculty members. This developing process of new-hire faculty development has been pivotal to Valencia’s learning-centered transformation
The Value Relevance of Information about Convertible Financial Instruments
We investigate the value relevance of the financial statement information about
convertible financial instruments. Our findings indicate that the classification of
convertibles provides incremental information over and above the book value of equity
and net income. This finding is not as strong for convertibles that are classified as a form
of mezzanine financing between debt and equity as for those classified as debt or equity.
We also find that investors make use of information contained in the notes but only with
respect to mandatory convertibles and convertibles where the right to make the decision
about conversion or redemption rests with the issuer
The Iowa Homemaker vol.6, no.10
Table of Contents
V-E-I-S-H-E-A by Gladys Parker, page 1
Is the Home Economics Graduate the Best Homemaker?, page 2
The Season Suggests a Sewing Machine by Cleo Fitzsimmons, page 3
How Shall We Keep Our Food Cold? by Helen Bishop, page 4
4-H Clubs, page 6
Iowa State Home Economics Association Page, page 8
Editorial, page 9
Who’s There and Where, page 10
Research in Canning by Betty Barker, page 11
Vodvil Puts $350 in MacKay Loan Fund by Marcella Alton, page 11
Art Students Compete by Jane Rhoads, page 11
New Meat Course by Helen Goeppinger, page 11
Eternal Question, page 12
Movement to End Waste in Textile Industry, page 13
Analyzes 100 Brands of Sheeting by Mary Moser, page 1
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