28,305 research outputs found

    Biological reconstruction of the Late Neolithic Lengyel Culture

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    Abstract of PhD thesis submitted in 2013 to the Doctoral School of Biology, Eötvös Lorånd University, Budapest under the supervision of Gyula Gyenis. Between 2006 and 2009 rescue excavations preceding the construction of M6 Motorway were carried out, in the course of which a settlement and a related cemetery of more than two thousand graves of the Late Neo­lithic-Early Copper Age Lengyel culture have been excavated at the site of Alsónyék-Båtaszék, in Southeastern Transdanubia (Tolna county). Present study considers the northern, so-called 010/B part of the site (cemetery), comprising 862 graves. According to the current archaeological consensus earlier Central European Linearbandkeramik culture (LBK) played a crucial role in the formation of the Lengyel culture, but an infiltration or migration of new populations during this time period cannot be excluded. Present dissertation has been designed to investigate this fundamental question. In addition, I completed a detailed demographic analysis and published the frequency data of several pathological and dental alterations. In the course of the still ongoing investigation a case showing the classic symptoms of tuberculosis had been found.</p

    Thick subcategories of finite algebraic triangulated categories

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    We classify the thick subcategories of an algebraic triangulated standard category with finitely many indecomposable objects.Comment: 24 page

    Transparency of Regulation and Cross-Border Bank Mergers

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    Although there is anecdotal evidence that merger control may constitute a barrier to the integration of European retail banking markets, systematic empirical evidence is missing until now. This paper aims to fill this gap. Based on a unique dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over as a function of its characteristics, country characteristics and the transparency of merger control in the banking sector. The results indicate that a bank is systematically more likely to be taken over by foreign credit institutions if the regulatory process is transparent. Particularly large banks are less likely to be taken over by foreign credit institutions if merger control lacks transparency. This is in line with the hypothesis that governments may block crossborder bank merger because they want the largest institution in the country to be domestically owned. Domestic mergers are not affected. This suggests that merger control may therefore constitute an important barrier to cross-border consolidation and that further integration of EU banking markets requires a higher degree of transparency of the regulatory process. --

    Regular orbits of coprime linear groups in large characteristic

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    We prove that a finite coprime linear group G in characteristic p>=(|G|-1)/2 has a regular orbit. This bound on p is best possible. We also give an application to blocks with abelian defect groups.Comment: 5 page

    International Capital Mobility and Current Account Targeting in Central and Eastern European Countries

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    The paper examines the degree of financial integration in five central and eastern European economies on the basis of saving-investment correlations. A comparison with eleven member states of the European monetary union shows that the countries under review have already reached a higher degree of integration in quantitative terms. Since this approach is sensitive to current account targeting policies, the paper uses econometric techniques to control for these kinds of policies revealing that the central and eastern European countries that suffered from current account crises in the past used policies to balance the current account. --

    Blockholdings and corporate governance in the EU banking sector

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    Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate governance mechanisms in the EU banking sector against the background of the regulatory environment and differences in the ownership structure of banks. Particular attention is put on current trends in the ownership structure of banks (e. g. sovereign wealth funds). The paper is based on a new dataset on shareholdings in listed banks in the EU banking sector. The results indicate that EU regulations have not always improved corporate governance in the banking sector. While shareholder control has been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced in Continental Europe. --Banks,blockholdings,corporate governance,hostile takeovers,takeover directive
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