52,771 research outputs found
Quasifinite representations of classical Lie subalgebras of W_{1+infty}
We show that there are precisely two, up to conjugation, anti-involutions
sigma_{\pm} of the algebra of differential operators on the circle preserving
the principal gradation. We classify the irreducible quasifinite highest weight
representations of the central extension \hat{D}^{\pm} of the Lie subalgebra of
this algebra fixed by - sigma_{\pm}, and find the unitary ones.
We realize them in terms of highest weight representations of the central
extension of the Lie algebra of infinite matrices with finitely many non-zero
diagonals over the truncated polynomial algebra C[u] / (u^{m+1}) and its
classical Lie subalgebras of B, C and D types. Character formulas for positive
primitive representations of \hat{D}^{\pm} (including all the unitary ones) are
obtained. We also realize a class of primitive representations of \hat{D}^{\pm}
in terms of free fields and establish a number of duality results between these
primitive representations and finite-dimensional irreducible representations of
finite-dimensional Lie groups and supergroups. We show that the vacuum module
V_c of \hat{D}^+ carries a vertex algebra structure and establish a
relationship between V_c for half-integral central charge c and W-algebras.Comment: Latex, 77 page
Antecedents of Voluntary Corporate Governance Disclosure: A Post-2007/08 Financial Crisis Evidence from the Influential UK Combined Code
Purpose: This study investigates the level of compliance with, and disclosure of, good corporate governance (CG) practices among UK publicly listed firms, and consequently ascertains whether board characteristics and ownership structure variables can explain observable differences in the extent of voluntary CG compliance and disclosure practices.
Design/Methodology/Approach: The study uses one of the largest datasets to-date on compliance and disclosure of CG practices from 2008 to 2013 containing 120 CG provisions drawn from the 2010 UK Combined Code relating to 100 UK listed firms to conduct multiple regression analyses of the determinants of voluntary CG disclosures. A number of additional estimations, including two stage least squares, fixed-effects and lagged structures, are conducted in order to test the robustness of the findings.
Findings: The results suggest that there is a substantial variation in the levels of compliance with, and disclosure of, good CG practices among the sampled UK firms. We also find that firms with larger board size, more independent outside directors and greater director diversity tend to disclose more CG information voluntarily, whereas the level of voluntary CG compliance and disclosure is insignificantly related to the existence of a separate CG committee and institutional ownership. Additionally, the results indicate that block ownership and managerial ownership impact negatively on voluntary CG compliance and disclosure practices. The findings are fairly robust across a number of econometric models that sufficiently address various endogeneity problems and alternative CG indices. Overall, the findings are generally consistent with the predictions of neo-institutional theory.
Originality/Value: This paper extends, as well as contributes to the extant CG literature by offering new evidence on compliance with, and disclosure of, good CG recommendations contained in the 2010 UK Combined Code following the 2007/08 global financial crisis. This paper also advances the existing literature by offering new insights from a neo-institutional theoretical perspective of the impact of board and ownership mechanisms on voluntary CG compliance and disclosure practices.
Keywords: Corporate governance; Board and ownership mechanisms; Comply or explain; Neo-institutional theory; UK Combined Cod
Non-LTE analysis of copper abundances for the two distinct halo populations in the solar neighborhood
Two distinct halo populations were found in the solar neighborhood by a
series of works. They can be clearly separated by [alpha\Fe] and several other
elemental abundance ratios including [Cu/Fe]. Very recently, a non-local
thermodynamic equilibrium (non-LTE) study revealed that relatively large
departures exist between LTE and non-LTE results in copper abundance analysis.
We aim to derive the copper abundances for the stars from the sample of Nissen
et al (2010) with both LTE and non-LTE calculations. Based on our results, we
study the non-LTE effects of copper and investigate whether the high-alpha
population can still be distinguished from the low-alpha population in the
non-LTE [Cu/Fe] results. Our differential abundance ratios are derived from the
high-resolution spectra collected from VLT/UVES and NOT/FIES spectrographs.
Applying the MAFAGS opacity sampling atmospheric models and spectrum synthesis
method, we derive the non-LTE copper abundances based on the new atomic model
with current atomic data obtained from both laboratory and theoretical
calculations. The copper abundances determined from non-LTE calculations are
increased by 0.01 to 0.2 dex depending on the stellar parameters compared with
the LTE results. The non-LTE [Cu/Fe] trend is much flatter than the LTE one in
the metallicity range -1.6<[Fe/H]<-0.8. Taking non-LTE effects into
consideration, the high- and low-alpha stars still show distinguishable copper
abundances, which appear even more clear in a diagram of non-LTE [Cu/Fe] versus
[Fe/H]. The non-LTE effects are strong for copper, especially in metal-poor
stars. Our results confirmed that there are two distinct halo populations in
the solar neighborhood. The dichotomy in copper abundance is a peculiar feature
of each population, suggesting that they formed in different environments and
evolved obeying diverse scenarios.Comment: 9 pages, 7 figures, 2 table
Symmetric multiparty-controlled teleportation of an arbitrary two-particle entanglement
We present a way for symmetric multiparty-controlled teleportation of an
arbitrary two-particle entangled state based on Bell-basis measurements by
using two Greenberger-Horne-Zeilinger states, i.e., a sender transmits an
arbitrary two-particle entangled state to a distant receiver, an arbitrary one
of the agents via the control of the others in a network. It will be
shown that the outcomes in the cases that is odd or it is even are
different in principle as the receiver has to perform a controlled-not
operation on his particles for reconstructing the original arbitrary entangled
state in addition to some local unitary operations in the former. Also we
discuss the applications of this controlled teleporation for quantum secret
sharing of classical and quantum information. As all the instances can be used
to carry useful information, its efficiency for qubits approaches the maximal
value.Comment: 9 pages, 3 figures; the revised version published in Physical Review
A 72, 022338 (2005). The detail for setting up a GHZ-state quantum channel is
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