344 research outputs found

    Law, politics and the governance of English and Scottish joint-stock companies 1600-1850

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    This article examines the impact of law on corporate governance by means of a case study of joint-stock enterprise in England and Scotland before 1850. Based on a dataset of over 450 company constitutions together with qualitative information on governance practice, it finds little evidence to support the hypothesis that common-law regimes such as England were more supportive of economic growth than civil-law jurisdictions such as Scotland: indeed, levels of shareholder protection were slightly stronger in the civil-law zone. Other factors, such as local political institutions, played a bigger role in shaping organisational forms and business practice

    Affine Toda Solitons and Vertex Operators

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    Affine Toda theories with imaginary couplings associate with any simple Lie algebra g{\bf g} generalisations of Sine Gordon theory which are likewise integrable and possess soliton solutions. The solitons are \lq\lq created" by exponentials of quantities F^i(z)\hat F^i(z) which lie in the untwisted affine Kac-Moody algebra g^{\bf\hat g} and ad-diagonalise the principal Heisenberg subalgebra. When g{\bf g} is simply-laced and highest weight irreducible representations at level one are considered, F^i(z)\hat F^i(z) can be expressed as a vertex operator whose square vanishes. This nilpotency property is extended to all highest weight representations of all affine untwisted Kac-Moody algebras in the sense that the highest non vanishing power becomes proportional to the level. As a consequence, the exponential series mentioned terminates and the soliton solutions have a relatively simple algebraic expression whose properties can be studied in a general way. This means that various physical properties of the soliton solutions can be directly related to the algebraic structure. For example, a classical version of Dorey's fusing rule follows from the operator product expansion of two F^\hat F's, at least when g{\bf g} is simply laced. This adds to the list of resemblances of the solitons with respect to the particles which are the quantum excitations of the fields.Comment: Imperial/TP/92-93/29 SWAT/92-93/5 PU-PH-93/1392, requires newma

    Visual Function Assessment in Simulated Real-Life Situations in HIV-Infected Subjects

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    Visual function abnormalities are common in people living with HIV disease (PLWH) without retinitis, even after improvement in immune status. Abnormalities such as reduced contrast sensitivity, altered color vision, peripheral visual field loss, and electrophysiological changes are related to a combination of retinal dysfunctions, involving inner and outer retinal structures. The standard protocol for testing vision performance in clinical practice is the Early Treatment Diabetic Retinopathy Study (ETDRS) chart. However, this method poorly correlates with activities of daily living that require patients to assess visual stimuli in multiple light/contrast conditions, and with limited time. We utilized a novel interactive computer program (Central Vision Analyzer) to analyze vision performance in PLWH under a variety of light/contrast conditions that simulate stressful and real-world environments. The program tests vision in a time-dependent way that we believe better correlates with daily living activities than the non-timed ETDRS chart. We also aimed to correlate visual scores with retinal neuro-fiber layer thickness on optical coherence tomography. Here we show that visual acuity is more affected in PLWH in comparison to HIV-seronegative controls in varying contrast and luminance, especially if the nadir CD4+ T-cell count was lower than 100 cells/mm3. Visual impairment reflects the loss of retinal nerve fiber layer thickness especially of the temporal-inferior sector. In PLWH the ETDRS chart test led to better visual acuity compared to the Central Vision Analyzer equivalent test, likely because patients had indefinite time to guess the letters. This study confirms and strengthens the finding that visual function is affected in PLWH even in absence of retinitis, since we found that the HIV serostatus is the best predictor of visual loss. The Central Vision Analyzer may be useful in the diagnosis of subclinical HIV-associated visual loss in multiple light/contrast conditions, and may offer better understanding of this entity called "neuroretinal disorder"

    Characterization of microaneurysm closure after focal laser photocoagulation in diabetic macular edema

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    Purpose: To characterize microaneurysm closure following focal laser photocoagulation in diabetic macular edema (DME) using simultaneous fluorescein angiography (FA) and spectral-domain optical coherence tomography (SD-OCT). Design: Retrospective observational case series. Methods: Leaking microaneurysms (n\ua0= 123) were analyzed in eyes (n\ua0= 29) with nonproliferative diabetic retinopathy (NPDR) that underwent navigated focal laser photocoagulation in DME and were followed at 3, 6, and 12\ua0months. Closure of diabetic microaneurysms was characterized in detail following focal laser using SD-OCT. Results: Closure rate of microaneurysms by both FA and SD-OCT was 69.9% (84/123), 79.7% (98/123), and 82.9% (102/123) at 3, 6, and 12\ua0months, respectively. Microaneurysm closure rate increased at 6 and 12\ua0months compared to 3\ua0months (P < .003, P < .001). Over half of closed microaneurysms (45/86, 52.3%) left hyperreflective spots while the remaining half (41/86, 47.7%) disappeared without any hyperreflectivity by SD-OCT at 3\ua0months. Hyperreflective spots decreased at 6 (36/99, 36.4%) and 12\ua0months (17/102, 16.7%) with a concomitant increase in complete loss of reflectivity at 6 (63/99, 63.6%) and 12\ua0months (85/102, 83.3%). Smaller outer and inner diameters and heterogeneous lumen reflectivity were positively associated with microaneurysm closure at 12\ua0months (P < .0001, P < .001, P < .03). Conclusions: Characterization of microaneurysms following focal laser photocoagulation resulted in hyperreflective spots and complete resolution of all reflectivity using SD-OCT. Smaller microaneurysms and those with heterogeneous lumen were positively associated with microaneurysm closure. These findings provide greater understanding of localized retinal changes following focal laser photocoagulation in DME treatment
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