5,213 research outputs found

    Growth, profits and technological choice: The case of the Lancashire cotton textile industry

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    Using Lancashire textile industry company case studies and financial records, mainly from the period just before the First World War, the processes of growth and decline are re-examined. These are considered by reference to the nature of Lancashire entrepreneurship and the impact on technological choice. Capital accumulation, associated wealth distributions and the character of Lancashire business organisation were sybiotically linked to the success of the industry before 1914. However, the legacy of that accumulation in later decades, chronic overcapacity, formed a barrier to reconstruction and enhanced the preciptious decline of a once great industry

    Political, social and economic determinants of corporate social disclosure by multi-national firms in environmentally sensitive industries

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    Using examples from environmentally sensitive industries, the paper examines the determinants of corporate social disclosure (CSD). The paper moves beyond the traditional literature in two respects. First it is international in scope, examining the accounting disclosure responses of multi-national companies to the pressures implied by the nature and scope of their operations. Second, variables measuring political risk and social development are developed so that these pressures can be measured, thereby introducing new dimensions to the literature. In common with previous studies, financial risk, size and other control variables are included. The relationships are tested econometrically utilising regression techniques not previously applied in the CSD literature but nonetheless more generally appropriate when using count dependent variables. Results suggest that managers feel an unequal sense of responsibility to different constituencies and their disclosure priorities are determined by stock market accountability, lobbying power of their domestic audience and the political risk of their activities rather than the impact of their activities in countries of operation

    Political, social and economic determinants of corporate social disclosure by multi-national firms in environmentally sensitive industries.

    Get PDF
    Using examples from environmentally sensitive industries, the paper examines the determinants of corporate social disclosure (CSD). The paper moves beyond the traditional literature in two respects. First it is international in scope, examining the accounting disclosure responses of multi-national companies to the pressures implied by the nature and scope of their operations. Second, variables measuring political risk and social development are developed so that these pressures can be measured, thereby introducing new dimensions to the literature. In common with previous studies, financial risk, size and other control variables are included. The relationships are tested econometrically utilising regression techniques not previously applied in the CSD literature but nonetheless more generally appropriate when using count dependent variables. Results suggest that managers feel an unequal sense of responsibility to different constituencies and their disclosure priorities are determined by stock market accountability, lobbying power of their domestic audience and the political risk of their activities rather than the impact of their activities in countries of operation.

    The use of nitrogenous fertilisers for cereal grain production in Western Australia

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    NITROGENOUS fertilisers have so far been little used in Western Australia for wheat, oats and barley grown for grain. However, profitable results can follow their use under some conditions. Farmers who have seen field experiments are now interested in the use of nitrogenous fertilisers.Further interest will be stimulated by recent reductions in price. This article answers common questions asked by farmers about nitrogenous fertilisers for cereals. It is based on over 100 experiments conducted by the Department of Agriculture during the past 30 years

    Involvement of Oxidative and Endoplasmic Reticulum Stress in RDH12-Related Retinopathies

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    Retinol dehydrogenase 12 (RDH12) is expressed in photoreceptor inner segments and catalyses the reduction of all-trans retinal (atRAL) to all-trans retinol (atROL), as part of the visual cycle. Mutations in RDH12 are primarily associated with autosomal recessive Leber congenital amaurosis. To further our understanding of the disease mechanisms, HEK-293 cell lines expressing wildtype (WT) and mutant RDH12 were created. The WT cells afforded protection from atRAL-induced toxicity and oxidative stress. Mutant RDH12 cells displayed reduced protein expression and activity, with an inability to protect cells from atRAL toxicity, inducing oxidative and endoplasmic reticulum (ER) stress, with upregulation of sXBP1, CHOP, and ATF4. Pregabalin, a retinal scavenger, attenuated atRAL-induced ER stress in the mutant RDH12 cell lines. A zebrafish rdh12 mutant model (rdh12u533 c.17_23del; p.(Val6AlafsTer5)) was generated through CRISPR-Cas9 gene editing. Mutant fish showed disrupted phagocytosis through transmission electron microscopy, with increased phagosome size at 12 months post-fertilisation. Rhodopsin mislocalisation and reduced expression of atg12 and sod2 indicated early signs of a rod-predominant degeneration. A lack of functional RDH12 results in ER and oxidative stress representing key pathways to be targeted for potential therapeutics

    There is no new physics in the multiplicative anomaly

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    We discuss the role of the multiplicative anomaly for a complex scalar field at finite temperature and density. It is argued that physical considerations must be applied to determine which of the many possible expressions for the effective action obtained by the functional integral method is correct. This is done by first studying the non-relativistic field where the thermodynamic potential is well-known. The relativistic case is also considered. We emphasize that the role of the multiplicative anomaly is not to lead to new physics, but rather to preserve the equality among the various expressions for the effective action.Comment: 24 pages, RevTex, no figure

    One-Loop Renormalization of a Self-Interacting Scalar Field in Nonsimply Connected Spacetimes

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    Using the effective potential, we study the one-loop renormalization of a massive self-interacting scalar field at finite temperature in flat manifolds with one or more compactified spatial dimensions. We prove that, owing to the compactification and finite temperature, the renormalized physical parameters of the theory (mass and coupling constant) acquire thermal and topological contributions. In the case of one compactified spatial dimension at finite temperature, we find that the corrections to the mass are positive, but those to the coupling constant are negative. We discuss the possibility of triviality, i.e. that the renormalized coupling constant goes to zero at some temperature or at some radius of the compactified spatial dimension.Comment: 16 pages, plain LATE

    A Minimalist Turbulent Boundary Layer Model

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    We introduce an elementary model of a turbulent boundary layer over a flat surface, given as a vertical random distribution of spanwise Lamb-Oseen vortex configurations placed over a non-slip boundary condition line. We are able to reproduce several important features of realistic flows, such as the viscous and logarithmic boundary sublayers, and the general behavior of the first statistical moments (turbulent intensity, skewness and flatness) of the streamwise velocity fluctuations. As an application, we advance some heuristic considerations on the boundary layer underlying kinematics that could be associated with the phenomenon of drag reduction by polymers, finding a suggestive support from its experimental signatures.Comment: 5 pages, 10 figure
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