357 research outputs found

    What do Boards Really Do? Evidence from Minutes of Board Meetings

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    We analyze a unique database from a sample of real-world boardrooms – minutes of board meetings and board-committee meetings of eleven business companies for which the Israeli government holds a substantial equity interest. We use these data to evaluate the underlying assumptions and predictions of models of boards of directors. These models generally fall into two categories: “managerial models” assume boards play a direct role in managing the firm, and “supervisory models” assume that boards’ monitor top management but do not make business decisions themselves. Consistent with the supervisory models, our minutes-based data suggest that boards spend most of their time monitoring management: 67% of the issues they discussed were of a supervisory nature, they were presented with only a single option in 99% of the issues discussed, and they disagreed with the CEO only 3.3% of the time. In addition, managerial models describe boards at times as well: Boards requested to receive further information or an update for 8% of the issues discussed, and they took an initiative with respect to 8.1% of them. In 63% of the meetings, boards took at least one of these actions or did not vote in line with the CEO.

    Glassiness in Simple Liquids

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    In previous work the parameter of glassiness was introduced to distinguish between a liquid and a glass, using a formal analogy with the quantum Bose system. The glassiness is defined in such a way that it is unity in a frozen system and less than one in a liquid. In the present letter we revise first the results obtained for the glassiness in a hard sphere liquid as a function of the density. Then we investigate the influence of an attractive potential by obtaining the glassiness as a function of the density, temperature and the attractive tail when a square well potential is added to the hard core.Comment: 8 pages, 4 figure

    The Relationship Between Peer Victimization and Children's Humor Styles: It's No Laughing Matter!

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    This study assessed the concurrent and prospective (fall to spring) associations between peer victimization and four humor styles, two of which are adaptive (affiliative and self-enhancing) and two maladaptive (aggressive and self-defeating). Participants were 1234 adolescents (52 percent female) aged 11–13 years, drawn from six secondary schools in England. Self-reports and peer reports of peer victimization were collected, as were self-reports of humor styles. In cross-sectional analyses, peer victimization was associated with all four humor styles, most strongly with self-defeating and affiliative humor. Across the school year, peer victimization was associated with an increase in self-defeating humor and a decrease in affiliative humor (and vice-versa). These results have implications for models of humor development and how we understand the continuity of peer victimizatio

    Differences in the early stages of social information processing for adolescents involved in bullying

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    Bullying victimization has commonly been associated with deficiencies in social information processing (SIP). In contrast, findings regarding bullying perpetration are mixed, with some researchers claiming that bullies may have superior SIP abilities than victimized or uninvolved youth. This study investigated the effects of bullying and victimization on early SIP; specifically the recognition and interpretation of social information. In stage 1, 2,782 adolescents (11–16 years) were screened for bullying involvement, and in stage 2, 723 of these participants (mean age = 13.95) were assessed on measures of emotion recognition, hostile attribution bias, and characterological self‐blame (CSB). No associations between bullying and early SIP were found. In contrast, victimization was associated with more hostile attribution bias and CSB attributions. Girls performed better than boys on the emotion recognition task while boys showed greater hostile attribution biases. No interaction effects of bullying or victimization with gender were found. Follow‐up categorical analyses that considered pure victims versus victims who also bullied (bully‐victims) on SIP, found a similar pattern of findings. These findings suggest that those who purely bully others are neither superior nor deficient in the early stages of SIP. Victimized adolescents, however, show biases in their interpretations of social situations and the intentions of others. These biases may lead to maladaptive responses and may increase risk for further victimization by peers.Alexa Guy and Kirsty Lee were supported to undertake this research by a fellowship from the Department of Psychology, University of Warwick.Published versio

    Radial Sizing of Lipid Nanotubes Using Membrane Displacement Analysis

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    We report a novel method for the measurement of lipid nanotube radii. Membrane translocation is monitored between two nanotube-connected vesicles, during the expansion of a receiving vesicle, by observing a photobleached region of the nanotube. We elucidate nanotube radii, extracted from SPE vesicles, enabling quantification of membrane composition and lamellarity. Variances of nanotube radii were measured, showing a growth of 40-56 nm, upon increasing cholesterol content from 0 to 20%
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