213 research outputs found
When Do Managers Seek Private Equity Backing in Public-to-Private Transactions?
Over the last decade, the going private market has experienced a considerable boom in size and also has become more interesting for private equity investors that are looking to partner with incumbent management. This offers managers the choice to take the firm private themselves in a traditional management buyout or to seek private equity backing. We propose that managers decide for a management buyout without any involvement of private equity in case they are less financially constrained: when their firms are undervalued, have high cash levels, are smaller and less financially visible, and the managers own a large toehold. In contrast, managers invite participation of private equity investors when they cannot complete the deal themselves: in firms that are larger, have less cash and managers own a smaller fraction of the firm. Our analysis on a sample of UK public-to-private transactions completed over the period 1997-2003 provides results that are in line with these predictions
Cosmological implications of a light dilaton
Supersymmetric Peccei-Quinn symmetry and string theory predict a complex
scalar field comprising a dilaton and an axion. These fields are massless at
high energies, but it is known since long that the axion is stabilized in an
instanton dominated vacuum. Instantons and axions together also provide a
mechanism to stabilize a dilaton, thus accounting for a dilaton as a possible
cold dark matter component accompanying the axion. We briefly review the
prospects of this scenario and point out further implications.Comment: LaTeX, 9 pages incl. 1 figure, reference adde
Searches for Stable Strangelets in Ordinary Matter: Overview and a Recent Example
Our knowledge on the possible existence in nature of stable exotic particles
depends solely upon experimental observation. Guided by this general principle
and motivated by theoretical hypotheses on the existence of stable particles of
strange quark matter, a variety of experimental searches have been performed.
We provide an introduction to the theoretical hypotheses, an overview of the
past searches, and a more detailed description of a recent search for
helium-like strangelets in the Earth's atmosphere using a sensitive laser
spectroscopy method
Spatially controlling neuronal adhesion and inflammatory reactions on implantable diamond
The mechanical and chemical properties of diamond and diamond-like carbon (DLC) coatings make them very suitable materials for improving the long-term performance of invasive electrode systems used in brain-computer interfaces (BCIs). We have performed in vitro testing to demonstrate methods for spatially directing neural cell growth and limiting the detrimental attachment of cells involved in the foreign body response on boron-doped diamond and DLC. Inkjet-printing, laser micro-machining, and stencil-assisted patterning techniques were used to control neuronal adhesion and modify inflammatory cell attachment. This work presents micro-tailored materials that could be used to improve the long-term quality of recorded signals from neural-electronic interfaces. © 2011 IEEE
Modeling realistic Earth matter density for CP violation in neutrino oscillation
We examine the effect of a more realistic Earth matter density model which
takes into account of the local density variations along the baseline of a
possi ble 2100 km very long baseline neutrino oscillation experiment. Its
influence to the measurement of CP violation is investigated and a comparison
with the commonly used global density models made. Significant differences are
found in the comparison of the results of the different density models.Comment: 16 pages, 8 figure
Backward pion-nucleon scattering
A global analysis of the world data on differential cross sections and
polarization asymmetries of backward pion-nucleon scattering for invariant
collision energies above 3 GeV is performed in a Regge model. Including the
, , and trajectories, we
reproduce both angular distributions and polarization data for small values of
the Mandelstam variable , in contrast to previous analyses. The model
amplitude is used to obtain evidence for baryon resonances with mass below 3
GeV. Our analysis suggests a resonance with a mass of 2.83 GeV as
member of the trajectory from the corresponding Chew-Frautschi
plot.Comment: 12 pages, 16 figure
Accelerated Cosmological Models in First-Order Non-Linear Gravity
The evidence of the acceleration of universe at present time has lead to
investigate modified theories of gravity and alternative theories of gravity,
which are able to explain acceleration from a theoretical viewpoint without the
need of introducing dark energy. In this paper we study alternative
gravitational theories defined by Lagrangians which depend on general functions
of the Ricci scalar invariant in minimal interaction with matter, in view of
their possible cosmological applications. Structural equations for the
spacetimes described by such theories are solved and the corresponding field
equations are investigated in the Palatini formalism, which prevents
instability problems. Particular examples of these theories are also shown to
provide, under suitable hypotheses, a coherent theoretical explanation of
earlier results concerning the present acceleration of the universe and
cosmological inflation. We suggest moreover a new possible Lagrangian,
depending on the inverse of sinh(R), which gives an explanation to the present
acceleration of the universe.Comment: 23 pages, Revtex4 fil
Re-programming immunosurveillance in persistent non-infectious ocular inflammation
Ocular function depends on a high level of anatomical integrity. This is threatened by inflammation, which alters the local tissue over short and long time-scales. Uveitis due to autoimmune disease, especially when it involves the retina, leads to persistent changes in how the eye interacts with the immune system. The normal pattern of immune surveillance, which for immune privileged tissues is limited, is re-programmed. Many cell types, that are not usually present in the eye, become detectable. There are changes in the tissue homeostasis and integrity. In both human disease and mouse models, in the most extreme cases, immunopathological findings consistent with development of ectopic lymphoid-like structures and disrupted angiogenesis accompany severely impaired eye function. Understanding how the ocular environment is shaped by persistent inflammation is crucial to developing novel approaches to treatment
Re-programming immunosurveillance in persistent non-infectious ocular inflammation
Ocular function depends on a high level of anatomical integrity. This is threatened by inflammation, which alters the local tissue over short and long time-scales. Uveitis due to autoimmune disease, especially when it involves the retina, leads to persistent changes in how the eye interacts with the immune system. The normal pattern of immune surveillance, which for immune privileged tissues is limited, is re-programmed. Many cell types, that are not usually present in the eye, become detectable. There are changes in the tissue homeostasis and integrity. In both human disease and mouse models, in the most extreme cases, immunopathological findings consistent with development of ectopic lymphoid-like structures and disrupted angiogenesis accompany severely impaired eye function. Understanding how the ocular environment is shaped by persistent inflammation is crucial to developing novel approaches to treatment
Viability of Noether symmetry of F(R) theory of gravity
Canonization of F(R) theory of gravity to explore Noether symmetry is
performed treating R - 6(\frac{\ddot a}{a} + \frac{\dot a^2}{a^2} +
\frac{k}{a^2}) = 0 as a constraint of the theory in Robertson-Walker
space-time, which implies that R is taken as an auxiliary variable. Although it
yields correct field equations, Noether symmetry does not allow linear term in
the action, and as such does not produce a viable cosmological model. Here, we
show that this technique of exploring Noether symmetry does not allow even a
non-linear form of F(R), if the configuration space is enlarged by including a
scalar field in addition, or taking anisotropic models into account.
Surprisingly enough, it does not reproduce the symmetry that already exists in
the literature (A. K. Sanyal, B. Modak, C. Rubano and E. Piedipalumbo,
Gen.Relativ.Grav.37, 407 (2005), arXiv:astro-ph/0310610) for scalar tensor
theory of gravity in the presence of R^2 term. Thus, R can not be treated as an
auxiliary variable and hence Noether symmetry of arbitrary form of F(R) theory
of gravity remains obscure. However, there exists in general, a conserved
current for F(R) theory of gravity in the presence of a non-minimally coupled
scalar-tensor theory (A. K. Sanyal, Phys.Lett.B624, 81 (2005),
arXiv:hep-th/0504021 and Mod.Phys.Lett.A25, 2667 (2010), arXiv:0910.2385
[astro-ph.CO]). Here, we briefly expatiate the non-Noether conserved current
and cite an example to reveal its importance in finding cosmological solution
for such an action, taking F(R) \propto R^{3/2}.Comment: 16 pages, 1 figure. appears in Int J Theoretical Phys (2012
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