Unplanned Explosions of Munition Stockpiles

Unplanned explosions at munition sites in places such as Nigeria, the Democratic Republic of the Congo and the United States result in mass casualties to civilians and government personnel. Although new ammunition-storage practices in the United States expanded to include a military role, not all countries have evolved their practices as quickly, leaving them more susceptible to continued explosions. The increasing role of urbanization will make ammunition site management even more important in the 21st century

Antecedents of Small Business Performance

This article focuses on what makes small businesses successful and whether consistent patterns of success can be identified

Technology needs for high-speed rotorcraft

A study to determine the technology development required for high-speed rotorcraft development was conducted. The study begins with an initial assessment of six concepts capable of flight at, or greater than 450 knots with helicopter-like hover efficiency (disk loading less than 50 pfs). These concepts were sized and evaluated based on measures of effectiveness and operational considerations. Additionally, an initial assessment of the impact of technology advances on the vehicles attributes was made. From these initial concepts a tilt wing and rotor/wing concepts were selected for further evaluation. A more detailed examination of conversion and technology trade studies were conducted on these two vehicles, each sized for a different mission

Industry Effects and Banking Relationship as Determinants of Small Firm Capital Structure Decisions

This work examines the leverage ratios of firms covered by the 1998 SSBF Survey. We find that small firms in general are significantly more levered than their larger counterparts in an industry-matched Compustat sample, but the difference is at least partially explained by differences in industry distributions of the two samples. Our regression results provide some interesting contrasts to previous studies. In examining the effects of relationship banking on deviations from industry leverage norms, we find that a close banking relationship is related to a lower leverage, even after controlling for industry medians, and also that firms with a closer primary banking relationship adhere more closely to industry norms. Counter to previous research, we also find that small business leverage is negatively correlated with total assets