Redshift-distance Survey of Early-type Galaxies: The D_n-sigma Relation

In this paper R-band photometric and velocity dispersion measurements for a sample of 452 elliptical and S0 galaxies in 28 clusters are used to construct a template D_n-sigma relation. This template relation is constructed by combining the data from the 28 clusters, under the assumption that galaxies in different clusters have similar properties. The photometric and spectroscopic data used consist of new as well as published measurements, converted to a common system, as presented in a accompanying paper. The resulting direct relation, corrected for incompleteness bias, is log{D_n} =1.203 log{sigma} + 1.406; the zero-point has been defined by requiring distant clusters to be at rest relative to the CMB. This zero-point is consistent with the value obtained by using the distance to Virgo as determined by the Cepheid period-luminosity relation. This new D_n-sigma relation leads to a peculiar velocity of -72 (\pm 189) km/s for the Coma cluster. The scatter in the distance relation corresponds to a distance error of about 20%, comparable to the values obtained for the Fundamental Plane relation. Correlations between the scatter and residuals of the D_n-sigma relation with other parameters that characterize the cluster and/or the galaxy stellar population are also analyzed. The direct and inverse relations presented here have been used in recent studies of the peculiar velocity field mapped by the ENEAR all-sky sample.Comment: 46 pages, 20 figures, and 7 tables. To appear in AJ, vol. 123, no. 5, May 200

Redshift-Distance Survey of Early-type Galaxies. I. Sample Selection, Properties and Completeness

This is the first in a series of papers describing the recently completed all-sky redshift-distance survey of nearby early-type galaxies (ENEAR) carried out for peculiar velocity analysis. The sample is divided into two parts and consists of 1607 elliptical and lenticular galaxies with cz < 7000 km/s and with blue magnitudes brighter than m_B=14.5 (ENEARm), and of galaxies in clusters (ENEARc). Galaxy distances based on the Dn-sigma and Fundamental Plane (FP) relations are now available for 1359 and 1107 ENEARm galaxies, respectively, with roughly 80% based on new data gathered by our group. The Dn-sigma and FP template distance relations are derived by combining 569 and 431 galaxies in 28 clusters, respectively, of which about 60% are based on our new measurements. The ENEARm redshift-distance survey extends the earlier work of the 7S and the recent Tully-Fisher surveys sampling a comparable volume. In subsequent papers of this series we intend to use the ENEAR sample by itself or in combination with the SFI Tully-Fisher survey to analyze the properties of the local peculiar velocity field and to test how sensitive the results are to different sampling and to the distance indicators. We also anticipate that the homogeneous database assembled will be used for a variety of other applications and serve as a benchmark for similar studies at high-redshift.Comment: 43 pages, 15 figures, submitted to the Astronomical Journa

Harmonic analysis of iterated function systems with overlap

In this paper we extend previous work on IFSs without overlap. Our method involves systems of operators generalizing the more familiar Cuntz relations from operator algebra theory, and from subband filter operators in signal processing.Comment: 37 page

Asymptotic Behavior of Ext functors for modules of finite complete intersection dimension

Let $R$ be a local ring, and let $M$ and $N$ be finitely generated $R$-modules such that $M$ has finite complete intersection dimension. In this paper we define and study, under certain conditions, a pairing using the modules \Ext_R^i(M,N) which generalizes Buchweitz's notion of the Herbrand diference. We exploit this pairing to examine the number of consecutive vanishing of \Ext_R^i(M,N) needed to ensure that \Ext_R^i(M,N)=0 for all $i\gg 0$. Our results recover and improve on most of the known bounds in the literature, especially when $R$ has dimension at most two

Near-Infrared Imaging of Early-Type Galaxies IV. The Physical Origins of the Fundamental Plane Scaling Relations

The physical origins of the Fundamental Plane (FP) scaling relations are investigated for early-type galaxies observed at optical and near-infrared wavelengths. The slope for the FP is shown to increase systematically with wavelength from the U-band through the K-band. A distance-independent construction of the observables is described which provides an accurate measurement of the change in the FP slope between any pair of bandpasses. The variation of the FP slope with wavelength is strong evidence of systematic variations in stellar content along the elliptical galaxy sequence. The intercept of the diagnostic relationship between log(D_K/D_V) and log(sigma_0) shows no significant dependence on environment within the uncertainties of the Galactic extinction corrections, demonstrating the universality of the stellar populations contributions at the level of Delta(V-K)=0.03 mag to the zero-point of the global scaling relations. Several other constraints on the properties of early-type galaxies --- the slope of the Mg_2-sigma_0 relation, the effects of stellar populations gradients, and deviations of early-type galaxies from a dynamically homologous family --- are included to construct an empirical, self-consistent model which provides a complete picture of the underlying physical properties which are varying along the early-type galaxy sequence. This empirical approach demonstrates that there are significant systematic variations in both age and metallicity along the elliptical galaxy sequence, and that a small, but systematic, breaking of dynamical homology (or a similar, wavelength independent effect) is required. Predictions for the evolution of the slope of the FP with redshift are described. [abriged]Comment: to appear in The Astronomical Journal; 40 pages, including 10 Postscript figures and 3 tables; uses AAS LaTeX style file

Flexibility in cash-flow classification under IFRS: determinants and consequences

International Financial Reporting Standards (IFRS) allow managers flexibility in classifying interest paid, interest received, and dividends received within operating, investing, or financing activities within the statement of cash flows. In contrast, U.S. Generally Accepted Accounting Principles (GAAP) requires these items to be classified as operating cash flows (OCF). Studying IFRSreporting firms in 13 European countries, we document firms’ cash-flow classification choices vary, with about 76%, 60%, and 57% of our sample classifying interest paid, interest received, and dividends received, respectively, in OCF. Reported OCF under IFRS tends to exceed what would be reported under U.S. GAAP. We find the main determinants of OCF-enhancing classification choices are capital market incentives and other firm characteristics, including greater likelihood of financial distress, higher leverage, and accessing equity markets more frequently. In analyzing the consequences of reporting flexibility, we find some evidence that the market’s assessment of the persistence of operating cash flows and accruals varies with the firm’s classification choices, and the results of certain OCF prediction models are sensitive to classification choices

Finding cool subdwarfs using a V-J reduced proper-motion diagram: Stellar parameters for 91 candidates

We present the results of a search for cool subdwarfs for which our candidates were drawn from a V-J reduced proper-motion diagram constructed by Salim & Gould (2002). Kinematic (U, V, and W) and self-consistent stellar parameters (Teff, log g, [Fe/H], and V_t) are derived for 91 candidate subdwarfs based on high resolution spectra. The observed stars span 3900K < Teff < 6200K and -2.63 < [Fe/H] < 0.25 including only 3 giants (log g < 4.0). Of the sample, 77 stars have MgH lines present in their spectra. With more than 56% of our candidate subdwarfs having [Fe/H] < -1.5, we show that the V-J reduced proper-motion diagram readily identifies metal-poor stars.Comment: PASP (in press

Earnings quality: evidence from Canadian firms’ choice between IFRS and U.S. GAAP

For fiscal years starting on or after January 1, 2011, Canada abandoned Canadian Generally Accepted Accounting Principles (GAAP) and adopted International Financial Reporting Standards (IFRS), but permitted firms cross-listed in the U.S. to adopt U.S. GAAP instead. We document that the number of Canadian firms reporting under U.S. GAAP increased after Canada adopted IFRS. We find that cross-listed firms are more likely to choose IFRS if IFRS is the standard most commonly used by the leading global firms in their industry. In addition, we find that firms more likely to choose IFRS are larger, of civil law legal origin, have less U.S. operations, report exploration expense, have fewer U.S. shareholders and report higher stockholders’ equity under Canadian GAAP than under U.S. GAAP. Of these, we find that the convergence benefits of comparability with industry peers is the most significant determinant in firms’ choice of standard. Further, we are unable to document changes in earnings quality from cross-listed firms adopting IFRS or U.S. GAAP or that earnings quality changed for firms adopting IFRS relative to firms adopting U.S. GAAP

Cluster vs. Field Elliptical Galaxies and Clues on their Formation

Using new observations for a sample of 931 early-type galaxies we investigate whether the \mg2--\so relation shows any dependence on the local environment. The galaxies have been assigned to three different environments depending on the local overdensity: clusters, groups, and field, having used our completeredshift database to guide the assignment of galaxies. It is found that cluster, group and field early-type galaxies follow almost identical \mg2--\so\ relations, with the largest \mg2 zero-point difference (clusters minus field) being only $0.007\pm 0.002$ mag. No correlation of the residuals is found with the morphological type or the bulge to disk ratio. Using stellar population models in a differential fashion, this small zero-point difference implies a luminosity-weighted age difference of only $\sim 1$ Gyr between the corresponding stellar populations, with field galaxies being younger. The mass-weighted age difference could be significantly smaller, if minor events of late star formation took place preferentially in field galaxies. We combine these results with the existing evidence for the bulk of stars in cluster early-type galaxies having formed at very high redshift, and conclude that the bulk of stars in galactic spheroids had to form at high redshifts (z\gsim 3), no matter whether such spheroids now reside in low or high density regions. The cosmological implications of these findings are briefly discussed.Comment: 16 pages, 2 figures, accepted for publication in the ApJ.