Nuclear star cluster formation in energy-space

In a virialized stellar system, the mean-square velocity is a direct tracer of the energy per unit mass of the system. Here, we exploit this to estimate and compare root-mean-square velocities for a large sample of nuclear star clusters and their host (late- or early-type) galaxies. Traditional observables, such as the radial surface brightness and second-order velocity moment profiles, are subject to short-term variations due to individual episodes of matter infall and/or star formation. The total mass, energy and angular momentum, on the other hand, are approximately conserved. Thus, the total energy and angular momentum more directly probe the formation of galaxies and their nuclear star clusters, by offering access to more fundamental properties of the nuclear cluster-galaxy system than traditional observables. We find that there is a strong correlation, in fact a near equality, between the root-mean-square velocity of a nuclear star cluster and that of its host. Thus, the energy per unit mass of a nuclear star cluster is always comparable to that of its host galaxy. We interpret this as evidence that nuclear star clusters do not form independently of their host galaxies, but rather that their formation and subsequent evolution are coupled. We discuss how our results can potentially be used to offer a clear and observationally testable prediction to distinguish between the different nuclear star cluster formation scenarios, and/or quantify their relative contributions.Comment: 12 pages, 3 figures, 4 tables; accepted for publication in MNRA

HST/WFPC2 imaging of the circumnuclear structure of LLAGNs. I Data and nuclear morphology

To advance our knowledge of the nature of the central source in LLAGNs and its relation with stellar clusters, we are carrying out several imaging projects with HST at near-UV, optical and near-IR wavelengths. In this paper, we present the first results obtained with observations of the central regions of 57 LLAGNs imaged with the WFPC2 through any of the V (F555W, F547M, F614W) and I (F791W, F814W) filters that are available in the HST archive. The sample contains 34% of the LINERs and 36% of the TOs in the Palomar sample. The mean spatial resolution of these images is 10 pc. With these data we have built an atlas that includes structural maps for all the galaxies, useful to identify compact nuclear sources and, additionally, to characterize the circumnuclear environment of LLAGNs, determining the frequency of dust and its morphology. The main results obtained are: 1) We have not found any correlation between the presence of nuclear compact sources and emission-line type. Thus, nucleated LINERs are as frequent as nucleated TOs. 2) The nuclei of "Young-TOs" are brighter than the nuclei of "Old-TOs" and LINERs. These results confirm our previous results that Young-TOs are separated from other LLAGNs classes in terms of their central stellar population properties and brightness. 3) Circumnuclear dust is detected in 88% of the LLAGNs, being almost ubiquitous in TOs. 4) The dust morphology is complex and varied, from nuclear spiral lanes to chaotic filaments and nuclear disk-like structures. Chaotic filaments are as frequent as dust spirals; but nuclear disks are mainly seen in LINERs. These results suggest an evolutionary sequence of the dust in LLAGNs, LINERs being the more evolved systems and Young-TOs the youngest. The full collection of figures are at http://www.iaa.es/~rosa/research/LLAGNs2007/LLAGNs-HSTIma1.htmlComment: Paper accepted in AJ, pdf file and the full collection of figures are at the ULR: http://www.iaa.es/~rosa/research/LLAGNs2007/LLAGNs-HSTIma1.htm

How Emerging Organizations Take Form: The Role of Imprinting and Values in Organizational Bricolage

We examine how emerging organizations acquire shape by drawing on multiple organizational forms, a process we call organizational bricolage. Studying Indymedia London, a grassroots media collective, we propose a grounded theory of organizational bricolage that identifies how various types of organizational forms are selected and how they are instantiated into the organization. Whereas extant research has emphasized imprinting as a primary mechanism shaping newly founded organizations, we point to the additional role of organizational values. Emerging organizations augment their imprinted forms by using ancillary forms aligned with their organizational values and reinforce their core features by differentiating themselves from antagonistic forms that conflict with their values. We contribute to the literature on organizational formation by developing a process model that details how imprinted forms are subsequently modified. Moreover, we extend theories of bricolage by specifying the limits to the relative arbitrariness of bricolage as an activity, and we contribute to the study of organizational values by suggesting that they act as a focusing device shaping organizational structure

Mitigation of Moral Hazard and Adverse Selection in Venture Capital Financing: The Influence of the Country’s Institutional Setting

A venture capitalist (VC) needs to trade off benefits and costs when attempting to mitigate agency problems in their investor-investee relationship. We argue that signals of ventures complement the VC’s capacity to screen and conduct a due diligence during the pre-investment phase, but its attractiveness may diminish in institutional settings supporting greater transparency. Similarly, whereas a VC may opt for contractual covenants to curb potential opportunism by ventures in the post-investment phase, this may only be effective in settings supportive of shareholder rights enforcement. Using an international sample of VC contracts, our study finds broad support for these conjectures. It delineates theoretical and practical implications for how investors can best deploy their capital in different institutional settings whilst nurturing their relationships with entrepreneurs

Multiple agency perspective, family control, and private information abuse in an emerging economy

Using a comprehensive sample of listed companies in Hong Kong this paper investigates how family control affects private information abuses and firm performance in emerging economies. We combine research on stock market microstructure with more recent studies of multiple agency perspectives and argue that family ownership and control over the board increases the risk of private information abuse. This, in turn, has a negative impact on stock market performance. Family control is associated with an incentive to distort information disclosure to minority shareholders and obtain private benefits of control. However, the multiple agency roles of controlling families may have different governance properties in terms of investors’ perceptions of private information abuse. These findings contribute to our understanding of the conflicting evidence on the governance role of family control within a multiple agency perspectiv

Unintended consequences of existential quantifications in biomedical ontologies

<p>Abstract</p> <p>Background</p> <p>The Open Biomedical Ontologies (OBO) Foundry is a collection of freely available ontologically structured controlled vocabularies in the biomedical domain. Most of them are disseminated via both the OBO Flatfile Format and the semantic web format Web Ontology Language (OWL), which draws upon formal logic. Based on the interpretations underlying OWL description logics (OWL-DL) semantics, we scrutinize the OWL-DL releases of OBO ontologies to assess whether their logical axioms correspond to the meaning intended by their authors.</p> <p>Results</p> <p>We analyzed ontologies and ontology cross products available via the OBO Foundry site <url>http://www.obofoundry.org</url> for existential restrictions (<it>someValuesFrom</it>), from which we examined a random sample of 2,836 clauses.</p> <p>According to a rating done by four experts, 23% of all existential restrictions in OBO Foundry candidate ontologies are suspicious (Cohens' <it>κ </it>= 0.78). We found a smaller proportion of existential restrictions in OBO Foundry cross products are suspicious, but in this case an accurate quantitative judgment is not possible due to a low inter-rater agreement (<it>κ </it>= 0.07). We identified several typical modeling problems, for which satisfactory ontology design patterns based on OWL-DL were proposed. We further describe several usability issues with OBO ontologies, including the lack of ontological commitment for several common terms, and the proliferation of domain-specific relations.</p> <p>Conclusions</p> <p>The current OWL releases of OBO Foundry (and Foundry candidate) ontologies contain numerous assertions which do not properly describe the underlying biological reality, or are ambiguous and difficult to interpret. The solution is a better anchoring in upper ontologies and a restriction to relatively few, well defined relation types with given domain and range constraints.</p