How Sensitive Are Bank Managers to Shareholder Value?

Cataloged from PDF version of article.We test for the existence of market discipline by shareholders of banks with a wide range of ownership structures. Discipline by shareholders manifests itself through monitoring banks’ level of risk as well as through influencing banks’ management actions. We find that shareholders utilize the relation between stock returns and different types of risk measures to monitor risky banks. Shareholders partially influence bank management by responding to decreasing stock returns with a demand to improve loan quality. Moreover, the influence on management in small banks is more pronounced compared to large banks

Photonuclear reactions with Zinc: A case for clinical linacs

The use of bremsstrahlung photons produced by a linac to induce photonuclear reactions is wide spread. However, using a clinical linac to produce the photons is a new concept. We aimed to induce photonuclear reactions on zinc isotopes and measure the subsequent transition energies and half-lives. For this purpose, a bremsstrahlung photon beam of 18 MeV endpoint energy produced by the Philips SLI-25 linac has been used. The subsequent decay has been measured with a well-shielded single HPGe detector. The results obtained for transition energies are in good agreement with the literature data and in many cases surpass these in accuracy. For the half-lives, we are in agreement with the literature data, but do not achieve their precision. The obtained accuracy for the transition energies show what is achievable in an experiment such as ours. We demonstrate the usefulness and benefits of employing clinical linacs for nuclear physics experiments

Straight versus S-shaped sternotomy: a histologic study in the sheep model

INTRODUCTION: Straight sternotomy is the most common access for open heart surgery. Techniques have been proposed for maximizing sternal stability in high-risk patients. This trend implies a growing need for newer surgical techniques. The aim of this experimental study in the sheep model is to evaluate median vs. S shaped sternotomy the feasibility of using a special device to accelerate the sternal instability and bone healing. MATERIALS AND METHODS: We enrolled 31 sheep, weighing 18–30 kg. For all animals a midline skin incision was made. In group I (n = 16 animals), straight median sternotomy and in group II (n = 15 animals), S-shaped incision was marked on the periosteum of the sternum by new created device for standard S-shaped sternotomy. Sternum biopsies were performed on second surgery month for all survived animals from the sternum and the surrounding soft tissue. RESULTS: No early superficial wound complications were observed. Overall mortality in the initial approach group was 19.3% (6 sheep). In group I; 3 sheep had died on first surgery day, the reason may be hemorrhage and in group II; 3 sheep developed intractable VF during surgery procedure or immediately afterwards so died. There were statistically significant differences in the scores of bone healing between group 1 and group 2 (4.2 vs.7.3, ANOVA, p < 0.001). DISCUSSION: Our work is based on the use of a standard S-shaped sternotomy procedure on sheep sternum. In our experience with the sternal healing in the sheep model, the process of new bone formation was accelerated with S- shaped cut than straight sternotomy procedure. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (doi:10.1186/s13019-014-0173-x) contains supplementary material, which is available to authorized users

Groundwater level assessment and prediction in the Nebraska Sand Hills using LIDAR-derived lake water level

The spatial variability of groundwater levels is often inferred from sparsely located hydraulic head observations in wells. The spatial correlation structure derived from sparse observations is associated with uncertainties that spread to estimates at unsampled locations. In areas where surface water represents the nearby groundwater level, remote sensing techniques can estimate and increase the number of hydraulic head measurements. This research uses light detection and ranging (LIDAR) to estimate lake surface water level to characterize the groundwater level in the Nebraska Sand Hills (NSH), an area with few observation wells. The LIDAR derived lake groundwater level accuracy was within 40 cm mean square error (MSE) of the nearest observation wells. The lake groundwater level estimates were used to predict the groundwater level at unsampled locations using universal kriging (UK) and kriging with an external drift (KED). The results indicate unbiased estimates of groundwater level in the NSH. UK showed the influence of regional trends in groundwater level while KED revealed the local variation present in the groundwater level. A 10-fold cross-validation demonstrated KED with better mean squared error (ME) [–0.003, 0.007], root mean square error (RMSE) [2.39, 4.46], residual prediction deviation (RPD) [1.32, 0.71] and mean squared deviation ratio (MSDR) [1.01, 1.49] than UK. The research highlights that the lake groundwater level provides an accurate and cost-effective approach to measure and monitor the subtle changes in groundwater level in the NSH. This methodology can be applied to other locations where surface water bodies represent the water level of the unconfined aquifer and the results can aid in groundwater management and modeling

OPTIMIZATION OF COAL PARTICLE FLOW PATTERNS IN LOW NOX BURNERS

The proposed research is directed at evaluating the effect of flame aerodynamics on NO{sub x} emissions from coal fired burners in a systematic manner. This fundamental research includes both experimental and modeling efforts being performed at the University of Arizona in collaboration with Purdue University. The objective of this effort is to develop rational design tools for optimizing low NO{sub x} burners to the kinetic emissions limit (below 0.2 lb./MMBTU). Experimental studies include both cold and hot flow evaluations of the following parameters: flame holder geometry, secondary air swirl, primary and secondary inlet air velocity, coal concentration in the primary air and coal particle size distribution. Hot flow experiments will also evaluate the effect of wall temperature on burner performance. Cold flow studies will be conducted with surrogate particles as well as pulverized coal. The cold flow furnace will be similar in size and geometry to the hot-flow furnace but will be designed to use a laser Doppler velocimeter/phase Doppler particle size analyzer. The results of these studies will be used to predict particle trajectories in the hot-flow furnace as well as to estimate the effect of flame holder geometry on furnace flow field. The hot-flow experiments will be conducted in a novel near-flame down-flow pulverized coal furnace. The furnace will be equipped with externally heated walls. Both reactors will be sized to minimize wall effects on particle flow fields. The cold-flow results will be compared with Fluent computation fluid dynamics model predictions and correlated with the hot-flow results with the overall goal of providing insight for novel low NO{sub x} burner geometry's

Bottom Production

We review the prospects for bottom production physics at the LHC.Comment: 74 pages, Latex, 71 figures, to appear in the Report of the ``1999 CERN Workshop on SM physics (and more) at the LHC'', P. Nason, G. Ridolfi, O. Schneider G.F. Tartarelli, P. Vikas (conveners

Intra-abdominal pectus bar migration – a rare clinical entity: case report

We present the case of a 20-year-old male who underwent successful surgical correction of pectus excavatum with the Highly Modified Ravitch Repair (HMRR). At 29 months the attempted operative removal of the Ravitch bar was unsuccessful despite the impression of adequate bar location on chest x-ray. Subsequent imaging with computed tomography was unclear in determining whether the bar was supra or infra-diaphragmatic due to the tissue distortion subsequent to initial surgery. Video assisted thoracoscopic surgery (VATS) successfully retrieved the bar and revealed that it was not in the thorax, but had migrated to the intra-abdominal bare area of the liver, with no evidence of associated diaphragmatic defect or hernia. Intra-abdominal pectus bar migration is a rare clinical entity, and safe removal can be facilitated by the use of the VATS technique

Diffüz büyük B-hücreli lenfomanın farklı immünofenotipik profillerinde apoptozis, proliferasyon durumu ve O6 metilguanin DNA metiltransferaz metilasyon profillerinin tespiti

Objective: Our aim was to investigate the expression of apoptosis-associated proteins (bcl-2, bcl-xl, bax, bak, bid), apoptotic index (AI) and proliferation index (PI) in germinal center B-cell-like immunophenotypic profile (GCB) and non-GCB of diffuse large B-cell lymphoma (DLBCL). Materials and Methods: The methylation status of the promoter region of O6-methylguanine-DNA yerine O6-methylguanine-DNA methyltransferase (MGMT) gene and its relation with immunophenotypic differentiation of DLBCLs were also investigated. 101 cases were classified as GCB (29 cases) or non-GCB (72 cases). Apoptosis-associated proteins and PI were determined by IHC, and TUNEL method was used to determine AI. MGMT methylation analysis was performed by real-time PCR. Results: The PI was significantly higher in GCB compared with non-GCB (p=0.011). Percentage of cells stained with bcl-6 was positively correlated with the percentage of cells expressing bcl-2 (p=0.023), AI (p=0.006) and PI (p<0.001), while a significant negative correlation was observed with the percentage of cells expressing bax (p=0.027). The percentage of cells stained with MUM1 showed a significantly positive correlation with the percentage of cells expressing bcl-xl (p=0.003), bid (p=0.002), AI (p<0.001), and PI (p=0.001). MGMT methylation analysis was performed in 95 samples, and methylated profile was found in 31 cases (32.6%). GCB was found in 6 cases (22.2%) and non-GCB was determined in 25 cases (36.8%) out of 31 with MGMT methylated samples. There was no significant association between MGMT methylation status and immunophenotypic profiles (p=0.173). Conclusion: These results suggest that bcl-6 protein expression may be responsible for the high PI in GCB. Additionally, we found that apoptosis-associated proteins were not significantly associated with immunophenotypic profiles