E-Proxies for Sale? Corporate Vote-Buying in the Internet Age

Advances in electronic communications technology promise to invigorate shareholder voting as a viable tool for corporate governance, for example by decreasing the cost, and thereby increasing the frequency and effectiveness, of proxy fights. Increased use of shareholder voting, though, forces renewed focus on issues related to the shareholder voting process. One such issue is vote-buying. Traditionally, courts have treated vote-buying in the corporate context as per se illegal. More recently, however, courts have relaxed their attitude toward such transactions, a move generally applauded by commentators. This article argues that the newfound judicial acceptance of vote-buying is problematic, at least for publicly-held corporations. The article examines the reasons offered in support of vote-buying in such corporations, and suggests that the same benefits could be obtained, without the threat of harm presented by vote-buying, through the use of turnout payments to encourage shareholder participation in corporate voting contests. With regard to closely-held corporations, however, the article argues that vote-buying serves a useful preference aggregation function and generally should be permitte

Connecting does not necessarily mean learning: Course handbooks as mediating tools in school-university partnerships

This is the author's accepted manuscript (titled "Course handbooks as mediating tools in learning to teach"). The final published article is available from the link below. Copyright @ 2011 American Association of Colleges for Teacher Education.Partnerships between schools and universities in England use course handbooks to guide student teacher learning during long field experiences. Using data from a yearlong ethnographic study of a postgraduate certificate of education programme in one English university, the function of course handbooks in mediating learning in two high school subject departments (history and modern foreign languages) is analyzed. Informed by Cultural Historical Activity Theory, the analysis focuses on the handbooks as mediating tools in the school-based teacher education activity systems. Qualitative differences in the mediating functions of the handbooks-in-use are examined and this leads to a consideration of the potential of such tools for teacher learning in school–university partnerships. Following Zeichner’s call for rethinking the relationships between schools and universities, the article argues that strong structural connections between different institutional sites do not necessarily enhance student teacher learning

The Local Effects of Cosmological Variations in Physical 'Constants' and Scalar Fields I. Spherically Symmetric Spacetimes

We apply the method of matched asymptotic expansions to analyse whether cosmological variations in physical `constants' and scalar fields are detectable, locally, on the surface of local gravitationally bound systems such as planets and stars, or inside virialised systems like galaxies and clusters. We assume spherical symmetry and derive a sufficient condition for the local time variation of the scalar fields that drive varying constants to track the cosmological one. We calculate a number of specific examples in detail by matching the Schwarzschild spacetime to spherically symmetric inhomogeneous Tolman-Bondi metrics in an intermediate region by rigorously construction matched asymptotic expansions on cosmological and local astronomical scales which overlap in an intermediate domain. We conclude that, independent of the details of the scalar-field theory describing the varying `constant', the condition for cosmological variations to be measured locally is almost always satisfied in physically realistic situations. The proof of this statement provides a rigorous justification for using terrestrial experiments and solar system observations to constrain or detect any cosmological time variations in the traditional `constants' of Nature.Comment: 30 pages, 3 figures; corrected typo

Limits on dust emission from z~5 LBGs and their local environments

We present 1.2mm MAMBO-2 observations of a field which is over-dense in Lyman Break Galaxies (LBGs) at z~5. The field includes seven spectroscopically-confirmed LBGs contained within a narrow (z=4.95+/-0.08) redshift range and an eighth at z=5.2. We do not detect any individual source to a limit of 1.6 mJy/beam (2*rms). When stacking the flux from the positions of all eight galaxies, we obtain a limit to the average 1.2 mm flux of these sources of 0.6mJy/beam. This limit is consistent with FIR imaging in other fields which are over-dense in UV-bright galaxies at z~5. Independently and combined, these limits constrain the FIR luminosity (8-1000 micron) to a typical z~5 LBG of LFIR<~3x10^11 Lsun, implying a dust mass of Mdust<~10^8 Msun (both assuming a grey body at 30K). This LFIR limit is an order of magnitude fainter than the LFIR of lower redshift sub-mm sources (z~1-3). We see no emission from any other sources within the field at the above level. While this is not unexpected given millimetre source counts, the clustered LBGs trace significantly over-dense large scale structure in the field at z = 4.95. The lack of any such detection in either this or the previous work, implies that massive, obscured star-forming galaxies may not always trace the same structures as over-densities of LBGs, at least on the length scale probed here. We briefly discuss the implications of these results for future observations with ALMA.Comment: 10 pages, 6 figures, MNRAS Accepte

Supernova Enrichment of Dwarf Spheroidal Galaxies

(Abridged) Many dwarf galaxies exhibit sub-Solar metallicities, with some star-to-star variation, despite often containing multiple generations of stars. The total metal content in these systems is much less than expected from the heavy element production of massive stars in each episode of star formation. Such a deficiency implies that a substantial fraction of the enriched material has been lost from these small galaxies. Mass ejection from dwarf galaxies may have important consequences for the evolution of the intergalactic medium and for the evolution of massive galaxies, which themselves may have formed via the merger of smaller systems. We report here the results of three-dimensional simulations of the evolution of supernova-enriched gas within dwarf spheroidal galaxies (dSph's), with the aim of determining the retention efficiency of supernova ejecta. We consider two galaxy models, selected to represent opposite ends of the dSph sequence. For each model galaxy we investigate a number of scenarios, ranging from a single supernova in smooth gas distributions to more complex multiple supernovae in highly disturbed gas distributions. The results of these investigations suggest that, for low star-formation efficiencies, it is difficult to completely expel the enriched material from the galaxy. Most of the enriched gas is, however, lost from the core of the galaxy following multiple supernovae, especially if the interstellar medium is already highly disturbed by processes such as photo-ionization and stellar winds. If subsequent star formation occurs predominantly within the core where most of the residual gas is concentrated, then these results could explain the poor self-enrichment efficiency observed in dwarf galaxies.Comment: 29 pages, 10 figures, to appear in Astrophysical Journa

The DEEP2 Galaxy Redshift Survey: Spectral classification of galaxies at z~1

We present a Principal Component Analysis (PCA)-based spectral classification, eta, for the first 5600 galaxies observed in the DEEP2 Redshift Survey. This parameter provides a very pronounced separation between absorption and emission dominated galaxy spectra - corresponding to passively evolving and actively star-forming galaxies in the survey respectively. In addition it is shown that despite the high resolution of the observed spectra, this parameter alone can be used to quite accurately reconstruct any given galaxy spectrum, suggesting there are not many `degrees of freedom' in the observed spectra of this galaxy population. It is argued that this form of classification, eta, will be particularly valuable in making future comparisons between high and low-redshift galaxy surveys for which very large spectroscopic samples are now readily available, particularly when used in conjunction with high-resolution spectral synthesis models which will be made public in the near future. We also discuss the relative advantages of this approach to distant galaxy classification compared to other methods such as colors and morphologies. Finally, we compare the classification derived here with that adopted for the 2dF Galaxy Redshift Survey and in so doing show that the two systems are very similar. This will be particularly useful in subsequent analyses when making comparisons between results from each of these surveys to study evolution in the galaxy populations and large-scale structure.Comment: 10 pages, 9 figures, Accepted for publication in Ap