2,157 research outputs found
Fusies in alle lagen van het onderwijs: praktische en juridische handvatten bij de toepassing van de fusietoets
Trias Europea: de verhoudingen tussen de overheidsmachten in de EU en de lidstaten in een bewegend constitutioneel landscha
Bestuursrecht en faillissementsrecht: een ongemakkelijke relatie
FdR – Publicaties niet-programma gebonde
Nonaffine rubber elasticity for stiff polymer networks
We present a theory for the elasticity of cross-linked stiff polymer
networks. Stiff polymers, unlike their flexible counterparts, are highly
anisotropic elastic objects. Similar to mechanical beams stiff polymers easily
deform in bending, while they are much stiffer with respect to tensile forces
(``stretching''). Unlike in previous approaches, where network elasticity is
derived from the stretching mode, our theory properly accounts for the soft
bending response. A self-consistent effective medium approach is used to
calculate the macroscopic elastic moduli starting from a microscopic
characterization of the deformation field in terms of ``floppy modes'' --
low-energy bending excitations that retain a high degree of non-affinity. The
length-scale characterizing the emergent non-affinity is given by the ``fiber
length'' , defined as the scale over which the polymers remain straight.
The calculated scaling properties for the shear modulus are in excellent
agreement with the results of recent simulations obtained in two-dimensional
model networks. Furthermore, our theory can be applied to rationalize bulk
rheological data in reconstituted actin networks.Comment: 12 pages, 10 figures, revised Section II
Can Europe recover without credit?
Data from 135 countries covering five decades suggests that creditless recoveries, in which
the stock of real credit does not return to the pre-crisis level for three years after the GDP
trough, are not rare and are characterised by remarkable real GDP growth rates: 4.7 percent
per year in middle-income countries and 3.2 percent per year in high-income countries.
However, the implications of these historical episodes for the current European situation are
limited, for two main reasons. First, creditless recoveries are much less common in highincome
countries, than in low-income countries which are financially undeveloped. European
economies heavily depend on bank loans and research suggests that loan supply played a
major role in the recent weak credit performance of Europe. There are reasons to believe that,
despite various efforts, normal lending has not yet been restored. Limited loan supply could
be disruptive for the European economic recovery and there has been only a minor
substitution of bank loans with debt securities. Second, creditless recoveries were associated
with significant real exchange rate depreciation, which has hardly occurred so far in most of
Europe. This stylised fact suggests that it might be difficult to re-establish economic growth
in the absence of sizeable real exchange rate depreciation, if credit growth does not return
Sweet potato for adapting to climate change in the mixed croplivestock systems of East Africa.
Multiple agency perspective, family control, and private information abuse in an emerging economy
Using a comprehensive sample of listed companies in Hong Kong this paper investigates how family control affects private information abuses and firm performance in emerging economies. We combine research on stock market microstructure with more recent studies of multiple agency perspectives and argue that family ownership and control over the board increases the risk of private information abuse. This, in turn, has a negative impact on stock market performance. Family control is associated with an incentive to distort information disclosure to minority shareholders and obtain private benefits of control. However, the multiple agency roles of controlling families may have different governance properties in terms of investors’ perceptions of private information abuse. These findings contribute to our understanding of the conflicting evidence on the governance role of family control within a multiple agency perspectiv
Pharmacokinetics, biodistribution and biological effects of intravenously administered bispecific monoclonal antibody OC/TR F(ab′)2 in ovarian carcinoma patients
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Dialectic tensions in the financial markets: a longitudinal study of pre- and post-crisis regulatory technology
This article presents the findings from a longitudinal research study on regulatory technology in the UK financial services industry. The financial crisis with serious corporate and mutual fund scandals raised the profile of
compliance as governmental bodies, institutional and private investors introduced a ‘tsunami’ of financial regulations. Adopting a multi-level analysis, this study examines how regulatory technology was used by financial firms to meet their compliance obligations, pre- and post-crisis. Empirical data collected over 12 years examine the deployment of
an investment management system in eight financial firms. Interviews with public regulatory bodies, financial
institutions and technology providers reveal a culture of compliance with increased transparency, surveillance and
accountability. Findings show that dialectic tensions arise as the pursuit of transparency, surveillance and
accountability in compliance mandates is simultaneously rationalized, facilitated and obscured by regulatory
technology. Responding to these challenges, regulatory bodies continue to impose revised compliance mandates on
financial firms to force them to adapt their financial technologies in an ever-changing multi-jurisdictional regulatory landscape
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