3,882 research outputs found

    What Is Said by Metaphor

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    ‘What is said’ by an utterance, from a traditional truth-conditional view of language, is the uttered sentence’s conventionally encoded semantic meaning, and is distinguished from ‘what is implicated’, such as metaphor, which is understood as a type of speech in which a speaker says one thing but means another. Contextualists challenge this view of metaphor by offering three reasons to maintain that metaphor is classified within ‘what is said’: first, metaphor involves loose use; second, metaphor is assertoric; and, third, metaphor is at the level of the primary interpretation rather than the secondary one. However, Elizabeth Camp argues against these reasons. The aim of this paper is to examine her arguments and show that they are unsuccessful

    A Barrier Option Utility Framework for Bank Interest Margin under Government Bailout

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    [[abstract]]The barrier options theory of corporate security valuation is applied to the contingent claims of a distressed bank under a bailout program of distressed loan purchases. In particular, the bank acts as if it has a single utility function that positively weights equity returns like, but negatively weights bankruptcy dislike. We show that an increase in the amount of distressed loan purchases decreases the loan amount at an increased margin when buying distressed loan amount is high. Bailout as such makes the bank less prone to loan risk taking, thereby contributing the stability of the banking system. A numerical exercise shows that the market-based estimates of the expected utility of bank equity returns which ignore the weights (a standard down-and-out call option) or the dislike (a standard call option) lead to significant overestimation.[[journaltype]]國外[[ispeerreviewed]]Y[[booktype]]電子版[[countrycodes]]CA

    The effect of TQM strategy on learning satisfaction and loyalty of students-the mediation effect of teaching quality

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    [[abstract]]In 2015, there were 41 universities having less than 80% of the average freshmen registration rate in Taiwan. In 2016, it is estimated that the freshman population will be further reduced by 30,000. This indicates universities may have financial difficulty due to student population shrinkage crises. Conducting total quality management (TQM) and enhancing the education quality are the strategies being adopted by many schools to attract students. This research investigates whether TQM strategies, teaching quality, and school brand are conducive to student learning satisfaction and loyalty. The results showed: (1) TQM strategies and teaching quality have significant and positive influence on student learning satisfaction loyalty. (2) Among TQM strategies, student learning satisfaction and loyalty, teaching quality has an intermediary effect. The results of this study can be used as a reference for the recruitment strategy and sustainable management of higher education institutions.[[notice]]補正完
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