23 research outputs found

    Improving corporate governance in state-owned corporations in China: which way forward?

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    This article discusses corporate governance in China. It outlines the basic agency problem in Chinese listed companies and questions the effectiveness of the current mechanisms employed to improve their standards of governance. Importantly, it considers alternative means through which corporate practice in China can be brought into line with international expectations and stresses the urgency with which this task must be tackled. It concludes that regulators in China must construct a corporate governance model which is compatible with its domestic setting and not rush to adopt governance initiatives modelled on those in cultures which are fundamentally different in the hope of also reproducing their success

    Geographic range predicts photosynthetic and growth response to warming in co-occurring tree species

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    www.nature.comPopulations near the warm edge of species ranges may be particularly sensitive to climate change, but lack of empirical data on responses to warming represents a key gap in understanding future range dynamics. Herein we document the impacts of experimental warming on the performance of 11 boreal and temperate forest species that co-occur at the ecotone between these biomes in North America. We measured in situ net photosynthetic carbon gain and growth of >4,100 juvenile trees from local seed sources exposed to a chamberless warming experiment that used infrared heat lamps and soil heating cables to elevate temperatures by +3.4 °C above- and belowground for three growing seasons across 48 plots at two sites. In these ecologically realistic field settings, species growing nearest their warm range limit exhibited reductions in net photosynthesis and growth, whereas species near their cold range limit responded positively to warming. Differences among species in their three-year growth responses to warming parallel their photosynthetic responses to warming, suggesting that leaf-level responses may scale to whole-plant performance. These responses are consistent with the hypothesis, from observational data and models, that warming will reduce the competitive ability of currently dominant southern boreal species compared with locally rarer co-occurring species that dominate warmer neighbouring regions. © 2015 Macmillan Publishers Limited. All rights reserved

    A rapid upward shift of a forest ecotone during 40 years of warming in the Green Mountains of Vermont

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    Detecting latitudinal range shifts of forest trees in response to recent climate change is difficult because of slow demographic rates and limited dispersal but may be facilitated by spatially compressed climatic zones along elevation gradients in montane environments. We resurveyed forest plots established in 1964 along elevation transects in the Green Mountains (Vermont) to examine whether a shift had occurred in the location of the northern hardwood–boreal forest ecotone (NBE) from 1964 to 2004. We found a 19% increase in dominance of northern hardwoods from 70% in 1964 to 89% in 2004 in the lower half of the NBE. This shift was driven by a decrease (up to 76%) in boreal and increase (up to 16%) in northern hardwood basal area within the lower portions of the ecotone. We used aerial photographs and satellite imagery to estimate a 91- to 119-m upslope shift in the upper limits of the NBE from 1962 to 2005. The upward shift is consistent with regional climatic change during the same period; interpolating climate data to the NBE showed a 1.1°C increase in annual temperature, which would predict a 208-m upslope movement of the ecotone, along with a 34% increase in precipitation. The rapid upward movement of the NBE indicates little inertia to climatically induced range shifts in montane forests; the upslope shift may have been accelerated by high turnover in canopy trees that provided opportunities for ingrowth of lower elevation species. Our results indicate that high-elevation forests may be jeopardized by climate change sooner than anticipated

    Strain-Induced Exciton Hybridization in WS₂ Monolayers Unveiled by Zeeman-Splitting Measurements

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    Mechanical deformations and ensuing strain are routinely exploited to tune the band gap energy and to enhance the functionalities of two-dimensional crystals. In this Letter, we show that strain leads also to a strong modification of the exciton magnetic moment in WS2 monolayers. Zeeman-splitting measurements under magnetic fields up to 28.5 T were performed on single, one-layer-thick WS2 microbubbles. The strain of the bubbles causes a hybridization of k-space direct and indirect excitons resulting in a sizable decrease in the modulus of the g factor of the ground-state exciton. These findings indicate that strain may have major effects on the way the valley number of excitons can be used to process binary information in two-dimensional crystals
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