180 research outputs found

    The Economic Impact of the Green Industry in the United States

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    This study estimates the economic impacts of the U.S. environmental horticulture industry (also known as the Green Industry) to be 147.8billioninoutput,1,964,339jobs,147.8 billion in output, 1,964,339 jobs, 95.1 billion in value added, 64.3billioninlaborincome,and64.3 billion in labor income, and 6.9 billion in indirect business taxes, with these values expressed in 2004 dollars.Environmental Economics and Policy,

    Analyst Coverage And The Diversification Discount

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    We use financial analyst coverage as a measure of information asymmetry to examine excess firm values associated with single- and multi-segment firms.  We explicitly examine whether differences in analyst coverage can explain the diversification discount.  We find that information asymmetry plays a major role in the valuation of companies and explains a large portion of the diversification discount.  However, a significant diversification discount remains after controlling for the effects of analyst coverage

    Values Associated with the Apalachicola Bay Marine

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    Resource /Energy Economics and Policy,

    Managerial Incentives And Changes In Corporate Focus

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    We examine how Chief Executive Officer (CEO) equity ownership, CEO tenure, and the percentage of options in CEO annual compensation are related to decisions regarding changes in corporate focus.  We document that the CEOs whose companies change their level of corporate focus have significant differences from CEOs whose firms do not change focus.  However, we find no differences in the characteristics of CEOs who increase their firm’s level of diversification and the CEOs who decrease their firm’s level of diversification.  Firm characteristics, such as size or whether the firm sells at a premium or discount to its peers, are better predictors of changes in corporate focus than CEO characteristics. Overall, we find no evidence that changes in diversification are related to self-serving managers attempting to maximize their own wealth

    Daily Mutual Fund Flows and Redemption Policies

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    We examine how redemption policies affect daily fund flows in open-end mutual funds. Since short-term trading of fund shares, as manifested in daily fund flows, can have an adverse impact on returns to the fund’s shareholders, mutual funds might find it desirable to discourage short-term trading through the use of redemption fees. However, if daily fund flows are due to fund shareholders’ legitimate liquidity demands, the redemption fee would have little effect on daily fund flows and possibly adversely affect fund shareholders by imposing a liquidity cost on them. We find that the likelihood of a fund charging a redemption fee is largely a function of its overall fee structure. We also use a sample of funds that imposed redemption fees to examine whether the distribution of daily fund flows changes after the initiation of the redemption fee. We find that the redemption fee is an effective tool in controlling the volatility of fund flows

    The Impact Of Online Quizzing On Student Success In An Introductory Financial Accounting Class

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    We document the impact of transitioning to online quizzing in an introductory Financial Accounting course.  Results show significantly increased course pass rates, significantly increased individual exam averages, and lower overall drop rates

    The University Choir presents Requiem by Johannes Brahms

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    This is the program for the University Choir concert Requiem by Johannes Brahms conducted by Charles W. Wright and assisted by Russell W. Hodges on the piano and Mary Shambarger, soprano, and Harold Jones, baritone. The concert was held on April 28, 1987, in Mabee Fine Arts Center Recital Hall

    Salinity and temperature balances at the SPURS central mooring during fall and winter

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    Author Posting. © The Oceanography Society, 2015. This article is posted here by permission of The Oceanography Society for personal use, not for redistribution. The definitive version was published in Oceanography 28, no. 1 (2015): 56-65, doi:10.5670/oceanog.2015.06.One part of the Salinity Processes in the Upper-ocean Regional Study (SPURS) field campaign focused on understanding the physical processes affecting the evolution of upper-ocean salinity in the region of climatological maximum sea surface salinity in the subtropical North Atlantic (SPURS-1). An upper-ocean salinity budget provides a useful framework for increasing this understanding. The SPURS-1 program included a central heavily instrumented mooring for making accurate measurements of air-sea surface fluxes, as well as other moorings, Argo floats, and gliders that together formed a dense observational array. Data from this array are used to estimate terms in the upper-ocean salinity and heat budgets during the SPURS-1 campaign, with a focus on the first several months (October 2012 to February 2013) when the surface mixed layer was becoming deeper, fresher, and cooler. Specifically, we examine the salinity and temperature balances for an upper-ocean mixed layer, defined as the layer where the density is within 0.4 kg m–3 of its surface value. The gross features of the evolution of upper-ocean salinity and temperature during this fall/winter season are explained by a combination of evaporation and precipitation at the sea surface, horizontal transport of heat and salt by mixed-layer currents, and vertical entrainment of fresher, cooler fluid into the layer as it deepened. While all of these processes were important in the observed seasonal (fall) freshening at this location in the salinity-maximum region, the variability of salinity on monthly-to-intraseasonal time scales resulted primarily from horizontal advection.J.T. Farrar, A.J. Plueddemann, J.B. Edson, and the deployment of the central mooring were supported by NASA grant NNX11AE84G. L. Rainville, C. Lee, C. Eriksen, and the Seaglider program were supported by NASA grant NNX11AE78G. R. Schmitt was supported by NSF grant OCE-1129646. B. Hodges and D. Fratantoni were supported by NASA grant NNX11AE82G. The Prawler moorings were funded by PMEL. The data analysis was also supported by NASA grant NNX14AH38G
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